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MARAVAI INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into Maravai LifeSciences Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-22 23:27
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Maravai LifeSciences Holdings, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1][3]. Group 1: Company Financial Issues - On February 25, 2025, Maravai announced a postponement of its fiscal 2024 earnings release and the filing of its annual report due to an error in revenue recognition, which resulted in approximately $3.9 million being incorrectly recorded [2]. - The company identified a material weakness in its internal controls over revenue recognition and required additional time to assess a potential non-cash impairment charge related to goodwill from its acquisition of Alphazyme LLC [2]. - Following this announcement, Maravai's share price fell by $0.87, or 21.70%, closing at $3.14 per share on February 25, 2025, amid unusually heavy trading volume [2]. Group 2: Class Action Allegations - The class action complaint alleges that Maravai's management made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects [3]. - Specific allegations include inadequate internal controls over financial reporting related to revenue recognition, inaccurate revenue recognition during fiscal 2024, and overstated goodwill [3]. - The complaint asserts that the positive statements made by the defendants regarding the company's business lacked a reasonable basis due to these undisclosed issues [3].
SKYWORKS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Skyworks Solutions, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-22 23:17
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Skyworks (SWKS) To Contact Him Directly To Discuss Their Options If you purchased or acquired stock in Skyworks between from August 8, 2023 to February 5, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareho ...
Atico Mining Announces Closing of Rights Offering
Globenewswire· 2025-07-22 20:30
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) is pleased to announce the closing of its rights offering (the “Rights Offering”), previously disclosed in the Company’s press releases dated June 9, 2025 and June 13, 2025. Shareholders of Atico exercised rights (the “Rights”) to acquire 29,887,022 units of the C ...
Nepali Hero: Ratna Prasad Kharel | Deepmala KD | TEDxHKUST
TEDx Talks· 2025-07-22 16:43
Today I want to share with you a story. A story not just of one individual but the story of an entire country's fight for social justice and fairness. This memoir is titled Niskam Karmmayogi which is Nepali for selfless worker.And the man you see on the cover of this memoir is Ratna Prasad Karel my grandfather. There are 195 countries in the world among which there are only seven which have never been colonized. My home country Nepal is one of them.But just because we were never colonized doesn't mean that ...
'It's a distraction from the Epstein files': Rev. Sharpton reacts to MLK Jr. records release
MSNBC· 2025-07-22 15:21
The Trump administration releasing 200,000 pages of previously sealed documents, but not the ones that you might expect this week. The release involves records related to the assassination of Martin Luther King Jr. . The Trump administration hailed the move as a major step toward transparency, but Dr.. King's two living children opposed the release of the documents, and civil rights leaders, including my next guest, say it's a distraction from growing calls to release files about Jeffrey Epstein. Joining us ...
This Morning’s Top Headlines – July 22 | Morning News NOW
NBC News· 2025-07-22 12:48
I'm Joe Flyer. And I'm Savannah Sers. We're happy to have you, Joe. Well, we're going to get started this morning, Tuesday morning, with the ongoing pressure the Trump administration faces over its handling of the Jeffrey Epstein case. The president spat with media mogul Rert Murdoch over the situation is now taking center stage. The White House has removed reporters from Murdoch's Wall Street Journal from a group set to accompany President Trump on his upcoming trip to Scotland. This follows the Journal's ...
X @The Economist
The Economist· 2025-07-22 12:00
Saudi Arabia is loosening its rules around women’s sports. Seven years ago girls were banned from playing in public; now 70,000 take part in the school soccer league.Where sport leads, society follows https://t.co/Qiw7I2gYEJ ...
X @Bloomberg
Bloomberg· 2025-07-22 09:26
The UK government didn’t breach voters’ rights by failing to investigate alleged Russian interference in elections, Europe’s top human rights court ruled, rejecting a legal challenge brought by three former lawmakers https://t.co/EDP936TABO ...
NEOGEN ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Neogen Corporation and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-21 23:37
Core Viewpoint - A class action lawsuit has been filed against Neogen Corporation for allegedly misrepresenting the status of its integration with 3M and failing to disclose the negative impacts on its financial health during the Class Period from January 5, 2023, to June 3, 2025 [1][3]. Financial Performance and Impact - Neogen reported a significant GAAP net income loss in Q2 2025, including a $461 million non-cash goodwill impairment charge related to the 3M acquisition, leading to a 5% decline in stock price to $12.36 per share [4]. - In Q1 2025, Neogen's revenue fell by 3.4% to $221 million due to integration issues, resulting in a 28% drop in stock price to $5.02 per share after cutting FY25 guidance and announcing CEO Adent's resignation [5]. - On June 4, 2025, Neogen projected an EBITDA margin in the high teens, a significant decrease from the previous quarter's 22%, causing an additional 17% drop in stock price to $4.96 per share [6]. Legal Proceedings - Investors who acquired Neogen shares during the Class Period are encouraged to contact Bragar Eagel & Squire, P.C. to discuss their legal rights and options [1][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is September 16, 2025 [1]. Company Background - Neogen Corporation is publicly traded on NASDAQ under the ticker NEOG and has faced scrutiny regarding its financial disclosures and integration processes with 3M [1][3].
Former cop convicted of excessive force in Breonna Taylor case gets 33 months
NBC News· 2025-07-21 23:06
Want to get to some breaking news now because in just the last couple of minutes, we're learning a former Louisville police officer will receive 33 months in prison after his conviction related to the shooting death of Briana Taylor. Want to show you that courthouse uh in Louisville. You see people gathering here as this has just come in.Here's why this matters. We're talking about Brett Hankesen, that former police officer. Um it was recommended by the Department of Justice that he face one day behind bars ...