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Tronox Holdings plc Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 3, 2025 to Discuss Your Rights - TROX
Prnewswire· 2025-10-27 12:45
Core Insights - Tronox Holdings plc (NYSE: TROX) is facing a class action lawsuit due to allegations of providing misleading statements about its financial health and sales forecasts, particularly regarding its TiO2 and zircon products [2][4] - The company reported a significant decline in TiO2 sales for Q2 2025, attributing this to a weaker coatings season and increased competition, leading to a downward revision of its 2025 financial outlook and a 60% reduction in dividends [2][3] - Following the announcement of poor financial results, Tronox's stock price plummeted approximately 38% from $5.14 to $3.19 per share in just one day [2] Company Overview - Tronox's class period for the lawsuit is defined as February 12, 2025, to July 30, 2025, during which shareholders are encouraged to register for potential recovery [3] - The Gross Law Firm is representing the shareholders, emphasizing its commitment to protecting investors from deceitful practices and ensuring corporate accountability [4] Next Steps for Shareholders - Shareholders who purchased shares during the specified class period must register by November 3, 2025, to be considered for lead plaintiff status, with no cost or obligation to participate [3]
Fly-E Group, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before November 10, 2025 to Discuss Your Rights - FLYE
Prnewswire· 2025-10-24 13:00
Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that Fly-E made misleading statements regarding the safety of its lithium batteries, which negatively impacted its electric vehicle sales revenue [2] - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in units sold, attributed to recent lithium battery accidents [2] - Following this disclosure, Fly-E's stock price plummeted approximately 87%, from $7.76 to $1.00 per share in one day [2] Case Details - The lawsuit seeks to recover losses for investors who were misled by Fly-E's positive statements while concealing material adverse facts [2] - The company’s revenue projections were significantly derailed due to increasing operating expenses and declining sales [2] - Investors have until November 10, 2025, to request to be appointed as lead plaintiff in the case [3] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
Fly-E Group, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before November 10, 2025 to Discuss Your Rights - FLYE
Prnewswire· 2025-10-17 12:45
Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that Fly-E made misleading statements regarding the safety of its lithium batteries, which negatively impacted E-vehicle sales revenue, despite optimistic long-term projections [2] - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, linked to recent lithium-battery accidents [2] - Following this announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share in one day [2] Case Details - The lawsuit seeks to recover losses for investors who were adversely affected by the alleged fraud during the specified period [1] - Investors have until November 10, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4]
Tronox Holdings plc Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - TROX
Prnewswire· 2025-10-17 12:45
Core Viewpoint - Tronox Holdings plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 12, 2025, and July 30, 2025 [1][2]. Company Performance - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and demand forecasting for its products [2]. - On July 30, 2025, Tronox reported a significant decline in TiO2 sales, attributing it to a "softer than anticipated coatings season and heightened competitive dynamics" [2]. - Following the disappointing financial results, Tronox lowered its full-year revenue guidance and reduced its dividend by 60% [2]. Stock Market Reaction - Tronox's stock price fell dramatically from $5.14 per share on July 30, 2025, to $3.19 per share on July 31, 2025, marking a decline of approximately 38% in just one day [2]. Legal Proceedings - Investors who suffered losses during the relevant time frame have until November 3, 2025, to request to be appointed as lead plaintiff in the class action [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [3]. Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4].
X @Bloomberg
Bloomberg· 2025-10-16 17:23
Market Concerns - Securities fraud concerns are a hassle for companies considering going public [1]
ROSEN, REGARDED INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-10-13 23:07
Core Viewpoint - Rosen Law Firm is reminding investors who purchased V.F. Corporation securities during the specified class period of the upcoming lead plaintiff deadline on November 12, 2025 [1] Group 1: Class Action Details - Investors who bought V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm [3][6] - The lawsuit alleges that V.F. Corporation's management provided misleading information regarding the company's turnaround plans, particularly concerning the Vans brand [5] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions [4] - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019, and has been consistently ranked among the top firms in securities class action settlements [4] Group 3: Case Specifics - The lawsuit claims that V.F. Corporation's management concealed necessary actions that would impact the revenue growth trajectory of the Vans brand, leading to investor damages when the truth was revealed [5]
Nutex Health Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - NUTX
Prnewswire· 2025-10-10 13:00
Core Viewpoint - Nutex Health Inc. is facing a class action securities lawsuit due to alleged securities fraud that occurred between August 8, 2024, and August 14, 2025, impacting investors adversely [1][2]. Group 1: Allegations and Company Impact - The lawsuit claims that Nutex Health Inc. made false statements regarding its third-party vendor HaloMD, which allegedly engaged in fraudulent activities to achieve favorable arbitration results [1]. - It is alleged that revenues from Nutex's engagement with HaloMD were unsustainable due to the fraudulent nature of the conduct [1]. - The company purportedly overstated its ability to remediate material weaknesses in its internal controls over financial reporting, leading to improper accounting of stock-based compensation obligations [1]. - As a result of these issues, Nutex Health Inc. may have overstated its business and financial prospects, making public statements materially false and misleading [1]. Group 2: Legal Proceedings and Participation - Investors who suffered losses during the specified timeframe have until October 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [2]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [2].
SLP FRAUD NOTICE: Simulations Plus, Inc. Hit with Securities Fraud Investigation Due to Impairment Charges -- Contact BFA Law if You Suffered Losses
Globenewswire· 2025-10-08 11:36
Core Viewpoint - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following issues related to its acquisition of Pro-ficiency Holdings, Inc. and subsequent financial reporting problems [1][2][3]. Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2]. - The company acquired Pro-ficiency Holdings in June 2024, aiming to double its total addressable market and enhance sales [2][3]. Financial Reporting Issues - Simulations Plus claimed effective internal controls over financial reporting; however, it appears the company struggled with the integration of Pro-ficiency and lacked effective internal controls [3]. - On April 15, 2025, the company appointed Grant Thornton LLP as its new auditor, which later raised concerns regarding the company's financial reporting [4][5]. Stock Performance - Following the announcement of disappointing preliminary financial results for Q3 2025 on June 11, 2025, Simulations Plus's stock price dropped by over 24%, from $26.44 to $20.05 per share [4]. - The company reported a $77.2 million charge related to prior acquisitions on July 14, 2025, leading to a further decline in stock price by nearly 26%, from $17.47 to $12.97 per share [5].
SLP SHAREHOLDER NOTICE: Simulations Plus, Inc. Investigated for Securities Fraud after 26% Stock Drop – Contact BFA Law
Globenewswire· 2025-10-06 12:36
Core Viewpoint - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following disappointing financial results and issues related to its acquisition of Pro-ficiency Holdings, Inc. [1][2][3] Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2]. Acquisition Details - In June 2024, Simulations Plus acquired Pro-ficiency Holdings, which was expected to double its total addressable market and significantly contribute to sales [2][3]. Financial Reporting Issues - The company claimed effective internal controls over financial reporting; however, it appears there were struggles with the integration of Pro-ficiency and deficiencies in internal controls [3]. Stock Performance - Following the announcement of disappointing preliminary financial results for Q3 2025, Simulations Plus's stock fell by $6.39, or over 24%, from $26.44 to $20.05 per share [4]. - After reporting a $77.2 million charge related to prior acquisitions and dismissing its auditor Grant Thornton, the stock further declined by $4.50, nearly 26%, from $17.47 to $12.97 per share [5]. Auditor Dismissal - The dismissal of Grant Thornton was linked to unresolved issues regarding segment reporting and internal controls, which the auditor communicated to management and the Audit Committee [5].
KMX LEGAL NOTICE: CarMax, Inc. Faces Securities Fraud Investigation due to Demand Issues – Contact BFA Law if You Lost Money
Globenewswire· 2025-10-04 11:07
Group 1 - CarMax, Inc. is under investigation for potential violations of federal securities laws by Bleichmar Fonti & Auld LLP [1] - The investigation stems from claims that CarMax misrepresented the sustainability of demand for its used cars, which was temporarily boosted by U.S. tariffs [2] - Following the announcement of disappointing Q2 2025 earnings, CarMax experienced significant stock declines, with a 20% drop from $57.05 to $45.60 per share [3] Group 2 - In Q2 2025, CarMax reported a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [3] - The company's net earnings for Q2 were approximately $95.4 million, down from $132.8 million in the previous year, attributed to a "pull forward" in demand due to tariff announcements [3]