Securities Law Violation

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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Gartner, Inc. (NYSE: IT) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-09-16 03:17
Core Viewpoint - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Gartner, Inc. due to allegations of misleading business information provided to investors [1][3]. Company Overview - Gartner, Inc. is a research and advisory firm that offers insights, consulting, and business tools to assist companies in making informed decisions in the technology and IT sectors [2]. Allegations and Financial Impact - On August 5, 2025, Gartner reported a slowdown in its contract growth rate, leading to a decrease in its annual revenue forecast from $6.54 billion to $6.46 billion [3]. - The management attributed this downward adjustment to cost-cutting measures implemented to mitigate potential tariff risks [3]. Stock Market Reaction - Following the announcement of the revenue forecast adjustment, Gartner's stock price fell by $92.78 per share, or 27.55%, closing at $243.93 per share on August 5, 2025 [4].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces An Investigation Of Lantheus Holdings, Inc. (NASDAQ: LNTH) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-09-12 02:26
Core Viewpoint - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Lantheus Holdings, Inc. due to allegations of providing misleading business information to investors [1]. Company Overview - Lantheus Holdings, Inc. is a globally recognized company focused on the development, production, and distribution of advanced diagnostic and therapeutic products, with core expertise in oncology and cardiovascular care [3]. Alleged Wrongdoing - On August 6, 2025, Lantheus reported weaker-than-expected second-quarter results, missing earnings and revenue targets. The company cut its full-year 2025 revenue and EPS forecasts, citing tougher competition in the PSMA PET imaging market and strategic pullbacks from certain accounts [4]. - Revenue for the quarter fell to $378 million, down 4.1%, with PYLARIFY sales dropping 8.3% to $250.6 million, both below projections [4]. Market Reaction - Following the news of the disappointing results, Lantheus stock price fell by $20.76 per share, or 28.58%, closing at $51.87 per share on August 6, 2025 [5].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces An Investigation Of The Trade Desk, Inc. (NASDAQ: TTD) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-09-12 02:12
Company Overview - The Trade Desk, Inc. is a global technology company headquartered in Ventura, California, providing a cloud-based platform for advertisers to manage and optimize digital ad campaigns across various formats and devices [3]. Allegations and Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving The Trade Desk, based on allegations of providing misleading business information to investors [1]. - The investigation follows The Trade Desk's announcement of its second-quarter 2025 earnings on August 7, 2025, which missed market expectations, leading to multiple analyst downgrades, including a double downgrade from Bank of America [4]. Financial Performance and Market Reaction - The Trade Desk's second-quarter results raised concerns about rising competition, operational errors, and doubts regarding its ability to sustain long-term growth above 20%, which is critical for its high valuation [4]. - Following the earnings announcement, The Trade Desk's stock price fell by $34.10 per share, or 38.6%, closing at $54.23 per share on August 8, 2025 [5].
PubMatic, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights – PUBM
GlobeNewswire News Room· 2025-09-04 20:03
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025 [3]. - Allegations include that a major demand side platform buyer shifted clients to a new platform, leading to a reduction in ad spend and revenue for PubMatic [3]. - The lawsuit claims that the defendants made materially false and misleading statements about the company's business and prospects, lacking a reasonable basis [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 20, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Lineage, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before September 30, 2025 to Discuss Your Rights – LINE
GlobeNewswire News Room· 2025-09-04 19:44
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding a class action lawsuit related to the company's initial public offering (IPO) on July 26, 2024, alleging that the company made materially false and misleading statements about its financial health and business operations [1][3][4]. Allegations - The lawsuit claims that during the class period, Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a destocking of excessive inventory by customers, which was built up during the COVID-19 pandemic [4]. - It is alleged that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [4]. - The company reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices, contrary to representations made in the registration statement [4]. - As a result of these issues, Lineage's financial results and business prospects were materially impaired [4]. Next Steps for Shareholders - Shareholders who purchased shares of Lineage during the specified class period are encouraged to register for the class action by September 30, 2025, to potentially be appointed as lead plaintiffs [5]. - Once registered, shareholders will receive updates on the case through a portfolio monitoring software [5].
Lineage, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before September 30, 2025 to Discuss Your Rights - LINE
Prnewswire· 2025-09-04 12:45
Core Viewpoint - The lawsuit against Lineage, Inc. alleges that the company misled investors regarding its financial health and operational performance during the class period surrounding its IPO on July 26, 2024 [2]. Allegations - The complaint claims that Lineage experienced a decline in customer demand due to increased cold-storage supply and destocking of excess inventory from the COVID-19 pandemic [2]. - It is alleged that the company raised prices prior to the IPO, which could not be sustained amid weakening demand [2]. - Lineage reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages [2]. - Contrary to claims of stable revenue growth and high occupancy rates, the company was allegedly facing stagnant or declining revenue, occupancy rates, and rent prices [2]. - As a result of these issues, Lineage's financial results and business prospects were significantly impaired [2]. Class Action Details - Shareholders who purchased Lineage shares during the specified class period are encouraged to register for the class action by September 30, 2025 [3]. - Registration allows shareholders to receive updates on the case and does not require any cost or obligation [3]. Law Firm Information - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud in business practices [4].
ALIGN ALERT: Bragar Eagel & Squire, P.C. is Investigating Align Technology, Inc. on Behalf of Align Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-23 13:38
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Align Technology, Inc. for possible violations of federal securities laws and unlawful business practices [1][2]. Financial Performance - Align Technology announced its Q2 2025 financial results on July 30, 2025, missing both analyst expectations and its own revenue guidance [2]. - The company subsequently lowered its Q3 revenue guidance and full-year growth expectations, leading to a nearly 37% drop in its share price the following day [2]. Legal Actions - The law firm is encouraging investors who suffered losses from Align's stock to contact them to discuss their legal rights and options [1][3]. - The investigation focuses on whether Align issued false or misleading statements or failed to disclose important information to investors [2]. Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation across the United States [4].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of PubMatic
Prnewswire· 2025-08-22 13:52
Core Viewpoint - The complaint against PubMatic alleges violations of federal securities laws due to misleading statements regarding a significant reduction in ad spend from a top DSP buyer, which impacted the company's revenue and outlook [2][3]. Group 1: Allegations and Impact - The complaint claims that PubMatic and its executives failed to disclose that a major DSP buyer was transitioning clients to a new platform that evaluates inventory differently [2]. - As a result of this transition, PubMatic experienced a reduction in ad spend and revenue from this top DSP buyer [2]. - The misleading statements made by the defendants regarding the company's business operations and prospects were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Financial Report and Market Reaction - On August 11, 2025, PubMatic released its Q2 2025 financial report, indicating a reduction in ad spend from one of its top DSP partners [3]. - CEO Rajeev Goel acknowledged the challenges posed by the inventory valuation change, stating the need for better prioritization of ad impressions sent to the DSP [3]. - Following this announcement, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025, with unusually high trading volume [3].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fiserv
Prnewswire· 2025-08-22 13:40
Core Viewpoint - The complaint against Fiserv alleges violations of federal securities laws due to misleading statements regarding the performance and growth of its Clover platform, particularly following the forced migration of Payeezy merchants [2]. Group 1: Allegations Against Fiserv - Fiserv allegedly forced Payeezy merchants to migrate to its Clover platform due to issues with the older Payeezy platform [2]. - The revenue growth and gross payment volume (GPV) of Clover were temporarily inflated by these forced conversions, masking a slowdown in new merchant business [2]. - A significant number of former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and compatibility issues, leading to a slowdown in Clover's GPV growth [2]. Group 2: Market Reaction - On April 24, 2025, Fiserv reported a GPV growth of only 8% for Q1 2025, a decline from 14-17% in 2024, causing the stock to drop 18.5% to $176.90 [3]. - On May 15, 2025, Fiserv disclosed that GPV growth deceleration would persist throughout 2025, resulting in a further stock drop of 16.2% to $159.13 [3]. - On July 23, 2025, Fiserv lowered its full-year organic growth guidance and reported a deceleration in quarterly organic revenue growth to 9% year-over-year, leading to a stock decline of 13.9% to $143.00 [3].
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Dayforce, Inc.
Prnewswire· 2025-08-21 21:06
Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations by Dayforce, Inc. and its board of directors regarding the proposed acquisition by Thoma Bravo, which values the transaction at approximately $12.3 billion [1]. Group 1: Acquisition Details - Dayforce, Inc. stockholders will receive $70.00 for each share they hold as part of the acquisition [1]. - The acquisition transaction is expected to close in early 2026 [1]. Group 2: Legal Investigation - Rowley Law PLLC is representing shareholders in the investigation concerning the acquisition [1]. - Additional information regarding the investigation can be obtained through Rowley Law PLLC's website or by contacting their office directly [2].