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ZIONS INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Urges Zions Stockholders to Contact the Firm Regarding Ongoing Investigation
Globenewswire· 2025-10-28 21:06
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Zions Bancorporation for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on Zions Bancorporation's recent disclosures regarding misrepresentations and contractual defaults by borrowers under commercial loans, which may have impacted the company's stock performance [6]. Financial Impact - On October 15, 2025, Zions disclosed it would take a provision for approximately $60 million outstanding under two loans and charge off $50 million of that amount, leading to a significant stock price drop of $7.10, or 13.14%, closing at $46.93 on October 16, 2025 [6].
JEFFERIES INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Continues Investigation into Jefferies Financial Group Inc. on Behalf of Jefferies Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-28 21:01
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Jefferies Financial Group Inc. for possible violations of federal securities laws and unlawful business practices, particularly in relation to its exposure to First Brands' bankruptcy [1][2]. Investigation Details - The investigation is focused on whether Jefferies has engaged in unlawful business practices that may have harmed its stockholders [1][2]. - Jefferies disclosed that its asset management fund held approximately $715 million in receivables linked to First Brands, which is under scrutiny due to accounting irregularities [6]. Stock Impact - Following the news of First Brands' bankruptcy and Jefferies' exposure, Jefferies' stock price dropped by $4.66, or 7.9%, closing at $54.44 per share on October 8, 2025, resulting in losses for investors [6].
JEFFERIES ALERT: Bragar Eagel & Squire, P.C. is Investigating Jefferies Financial Group Inc. on Behalf of Jefferies Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-20 21:43
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Jefferies Financial Group Inc. for possible violations of federal securities laws and unlawful business practices, particularly in relation to its exposure to First Brands' bankruptcy [1][2]. Investigation Details - The investigation is focused on whether Jefferies has engaged in unlawful business practices that may have harmed its stockholders [1][2]. - Jefferies disclosed that its asset management fund held approximately $715 million in receivables linked to First Brands, raising concerns about the nature of these receivables and their management [6]. Stock Impact - Following the news of First Brands' bankruptcy and Jefferies' exposure, Jefferies' stock price dropped by $4.66, or 7.9%, closing at $54.44 per share on October 8, 2025, indicating a significant impact on investor value [6].
ZIONS ALERT: Bragar Eagel & Squire, P.C. is Investigating Zions Bancorporation, N.A.
Globenewswire· 2025-10-20 21:30
Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Zions Bancorporation for possible violations of federal securities laws and unlawful business practices [1][2] Investigation Details - The investigation is focused on Zions Bancorporation's recent disclosures regarding misrepresentations and contractual defaults by borrowers under commercial loans, which led to a significant financial provision [6] Financial Impact - On October 15, 2025, Zions disclosed it would take a provision for approximately $60 million outstanding under two loans and charge off $50 million of that amount, resulting in a stock price drop of $7.10, or 13.14%, closing at $46.93 on October 16, 2025 [6]
JEF SHAREHOLDER ALERT: Did Jefferies Financial Group Inc. Mislead Investors? Contact BFA Law if You Suffered Losses on Your Investment
Globenewswire· 2025-10-16 12:18
Core Viewpoint - Jefferies Financial Group Inc. and its trade finance arm Point Bonita Capital are under investigation for potential violations of federal securities laws related to their significant exposure to First Brands Group, which recently filed for bankruptcy [1][2][4]. Group 1: Company Overview - Jefferies is an investment banking and capital markets firm, while Point Bonita Capital serves as its trade finance division [2]. - Both firms were closely associated with First Brands Group, an auto parts supplier that declared bankruptcy in September 2025 [2]. Group 2: Financial Exposure - On October 8, 2025, Jefferies disclosed that it and Point Bonita had approximately $715 million in exposure to First Brands' receivables, accounting for about 25% of Point Bonita's trade finance portfolio [3]. - Following this announcement, Jefferies' stock price dropped by $4.66, or approximately 8%, from $59.10 on October 7, 2025, to $54.44 on October 8, 2025 [3]. Group 3: Legal Investigation - Bleichmar Fonti & Auld LLP is investigating whether Jefferies and/or Point Bonita made materially false and misleading statements to investors regarding their exposure to First Brands [4].
TELIX INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Reminds Telix Pharmaceuticals Investors to Contact the Firm Regarding Ongoing Investigation on Behalf of Stockholders
Globenewswire· 2025-10-15 21:13
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Telix Pharmaceuticals Limited for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The law firm is reaching out to investors who purchased or acquired Telix shares and suffered losses, encouraging them to discuss their legal rights and options [1][2]. - There is no cost or obligation for investors to contact the firm regarding these claims [2]. Company Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California, representing individual and institutional investors in various complex litigations [3]. - The firm specializes in commercial, securities, and derivative litigation in state and federal courts across the United States [3]. Recent Developments - On July 22, 2025, Telix received a subpoena from the U.S. Securities and Exchange Commission, seeking documents related to the company's disclosures about its prostate cancer therapeutic candidates [5]. - Following this news, Telix's American Depositary Receipt (ADR) price dropped by $1.70, or 10.44%, closing at $14.58 per ADR on July 23, 2025 [5].
BRUNELLO CUCINELLI ALERT: Bragar Eagel & Squire, P.C. is Investigating Brunello Cucinelli S.p.A.
Globenewswire· 2025-10-14 20:08
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Brunello Cucinelli S.p.A. for possible violations of federal securities laws and unlawful business practices [2][3]. Investigation Details - The investigation is focused on whether Brunello Cucinelli has engaged in unlawful business practices, particularly concerning its operations in Russia following the invasion of Ukraine [2][7]. - A report by Morpheus Research claims that Brunello Cucinelli has continued to conduct business in Russia, contradicting its public statements [7]. Market Impact - Following the allegations, Brunello Cucinelli's American Depositary Receipt (ADR) price dropped by $2.01, or 16.54%, closing at $10.14 on September 25, 2025 [7]. Next Steps - Investors who purchased Brunello Cucinelli shares and suffered losses are encouraged to contact Bragar Eagel & Squire for more information regarding their legal rights [4].
Fly-E Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - FLYE
Prnewswire· 2025-10-13 13:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of Fly-E Group, Inc. about a potential class action lawsuit due to misleading statements regarding the safety of its lithium batteries, which negatively impacted the company's E-vehicle sales and stock price [1][2]. Group 1: Allegations and Impact - The complaint alleges that Fly-E Group provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, leading to a significant decline in E-vehicle sales revenue [1]. - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, which was attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [1]. - Following the revelation, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share on August 15, 2025, marking an approximate 87% decline in just one day [1]. Group 2: Class Action Details - Shareholders who purchased shares during the specified class period (July 15, 2025, to August 14, 2025) are encouraged to register for the class action, with a deadline to seek lead plaintiff status set for November 10, 2025 [2]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case lifecycle, with no cost or obligation to participate [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to false or misleading statements that artificially inflated stock prices [3].
FLY Investors Have Opportunity to Join Firefly Aerospace Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2025-10-06 16:44
Core Viewpoint - The Schall Law Firm is investigating Firefly Aerospace Inc. for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [1][2]. Financial Performance - Firefly Aerospace reported a year-over-year revenue decline of 27% in its Q2 2025 financial results, which were released on September 22, 2025 [2]. - Concurrently, the company's expenses surged during its first quarter as a public company, contributing to investor concerns [2]. - Following the financial results announcement, shares of Firefly fell by more than 15% [2]. Legal Investigation - The investigation by the Schall Law Firm focuses on whether Firefly issued false or misleading statements or failed to disclose critical information relevant to investors [2]. - Shareholders who experienced losses are encouraged to participate in the investigation [2].
CARMAX (KMX) ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into CarMax, Inc. on Behalf of CarMax Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-03 12:01
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against CarMax, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether CarMax has engaged in practices that may have harmed investors, particularly in light of recent financial disclosures [1][2]. Financial Performance - On April 10, 2025, CarMax reported its fourth quarter and fiscal year 2025 results, missing consensus estimates and removing long-term revenue, unit sales, and market share goals due to macroeconomic factors, leading to a stock price drop of $13.61 (17%) to $66.45 per share [6]. - On September 25, 2025, CarMax disclosed significant year-over-year declines in revenue and profit, including a 6.0% revenue decline, a 7.2% decline in total retail used vehicle revenues, and a 5.6% decline in total gross profit, attributed to inventory adjustments and a $71.3 million increase in loan loss provisions, causing shares to fall by $11.45 (20.1%) to $45.60 per share [6].