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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates STAA and CYBR on Behalf of Shareholders
Globenewswire· 2025-09-27 16:18
Group 1 - Halper Sadeh LLC is investigating STAAR Surgical Company for potential violations related to its sale to Alcon at $28.00 per share in cash [1] - CyberArk Software Ltd. is being investigated for its sale to Palo Alto Networks for $45.00 in cash and 2.2005 shares of Palo Alto common stock for each CyberArk share [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
FTNT Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Fortinet, Inc. (FTNT) - Contact Kessler Topaz Meltzer & Check, LLP
Prnewswire· 2025-09-27 15:00
Core Viewpoint - A securities class action lawsuit has been filed against Fortinet, Inc. for alleged misleading statements and omissions regarding the company's business operations and prospects during the Class Period from November 8, 2024, to August 6, 2025 [1]. Group 1: Allegations Against Fortinet - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be more lucrative than it actually was, as it involved old products that constituted a "small percentage" of the business [3]. - It is alleged that Fortinet did not have a clear understanding of the actual number of FortiGate firewalls eligible for upgrades, which was not disclosed to investors [3]. - The complaint asserts that Fortinet misled investors by claiming that the refresh would gain momentum over two years, while in reality, the company had pushed through about half of the refresh in just a few months by the end of Q2 2025 [3]. - As a result of these actions, the statements made by Fortinet regarding its business and future prospects were materially false and misleading [3]. Group 2: Legal Process and Participation - Investors in Fortinet have until November 21, 2025, to seek appointment as lead plaintiff in the class action, which involves representing the interests of all class members [4]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case and is responsible for directing the litigation [4]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any potential recovery [4].
FLR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-27 14:00
Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed costs related to several infrastructure projects [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Maglione v. Fluor Corporation and covers purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - The lawsuit alleges that Fluor and its executives made false statements regarding the financial health of the company, particularly concerning the Gordie Howe International Bridge and other Texas highway projects [3][4]. - Allegations include that costs for these projects were increasing due to subcontractor design errors, price hikes, and scheduling delays, which negatively impacted Fluor's business outlook [4]. Group 2: Financial Performance - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline [5]. - The company attributed its disappointing results to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [5]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Fluor securities during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 4: Company Background - Fluor Corporation provides engineering, procurement, construction, fabrication, modularization, and project management services [3]. - The company has been involved in significant infrastructure projects, including the Gordie Howe International Bridge and major highways in Texas [3].
DOW INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-09-27 04:00
Core Viewpoint - The law firm Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against Dow Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding the company's financial health and ability to manage macroeconomic challenges during the specified class period from January 30, 2025, to July 23, 2025 [1][4]. Group 1: Allegations and Financial Performance - The lawsuit claims that Dow overstated its ability to handle macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends [4]. - It is alleged that Dow's business faced significant negative impacts from competitive pressures, declining global sales, and an oversupply of products [4]. - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00, which led to a stock price drop of over 3% [5]. - Dow reported a non-GAAP loss per share of $0.42 for Q2 2025, significantly worse than the expected loss of approximately $0.17 to $0.18, with net sales of $10.1 billion, a 7.3% year-over-year decline [6]. - Following the disappointing earnings report, Dow's stock price fell by more than 17% after announcing a dividend cut from $0.70 to $0.35 per share [6]. Group 2: Class Action Process - Investors who purchased Dow securities during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to act on behalf of all class members [7]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect the ability to share in any potential recovery [7]. Group 3: About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8]. - The firm has been recognized for obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [9].
LNTH INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Lantheus Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-27 03:00
Core Viewpoint - The Lantheus Holdings, Inc. class action lawsuit alleges that the company and its executives misled investors regarding the company's revenue outlook and growth potential, particularly concerning its key product, Pylarify, which is used in prostate cancer diagnosis and treatment [4][5][6]. Group 1: Class Action Details - The class action lawsuit is titled Margolis v. Lantheus Holdings, Inc., and covers purchasers of Lantheus securities from February 26, 2025, to August 5, 2025 [1]. - Investors have until November 10, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Lantheus's executives created a false impression of the company's financial health and growth prospects [4]. Group 2: Allegations and Financial Impact - The lawsuit alleges that Lantheus reported a year-over-year decrease in Pylarify sales due to a "temporal competitive disruption," leading to a significant reduction in growth projections [5]. - Following the disappointing first quarter results announced on May 7, 2025, Lantheus's stock price fell over 23% [5]. - On August 6, 2025, Lantheus announced further disappointing results, with Pylarify sales down 8.3% year-over-year, causing the stock price to drop nearly 29% [6]. Group 3: Company Overview - Lantheus develops and commercializes diagnostic and therapeutic products for heart disease, cancer, and other conditions, with Pylarify being a key product in its portfolio [3].
FTNT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces That Fortinet, Inc. Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-09-27 01:45
Core Viewpoint - The article discusses a class action lawsuit against Fortinet, Inc. for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives misrepresented business prospects, leading to substantial investor losses. Summary by Sections Class Action Lawsuit Details - Investors who purchased Fortinet common stock between November 8, 2024, and August 6, 2025, have until November 21, 2025, to seek lead plaintiff status in the lawsuit [1] - The lawsuit is titled Oklahoma Firefighters Pension and Retirement System v. Fortinet, Inc. and alleges that Fortinet and certain executives issued false statements regarding the company's business and prospects [2][9] Allegations Against Fortinet - The lawsuit claims that Fortinet misrepresented the potential profitability of a product refresh cycle, stating it would not be as lucrative as suggested due to the age of the products involved [3] - It is alleged that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle [3][4] - On August 6, 2025, during an earnings call, Fortinet revealed it was only 40% to 50% through the 2026 upgrade cycle, contradicting previous statements and leading to a stock price drop of over 22% [4] Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired Fortinet stock during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5][6] - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6] About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]
INFA INVESTIGATION ALERT: Investigation Launched into Informatica Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-09-27 00:00
Company Overview - Informatica develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems [3]. Financial Performance - On February 13, 2025, Informatica reported its fourth quarter of 2024 and fiscal 2024 financial results, missing financial projections. The company experienced a 3.8% year-over-year decrease in GAAP total revenues, a 2% year-over-year decrease in GAAP subscription revenues, and a 3.9% year-over-year decrease at the midpoint of the range in non-GAAP operating income [4]. Market Reaction - Following the financial results announcement, the price of Informatica shares fell by more than 21% [4]. Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Informatica, focusing on whether the company and certain top executives made false and/or misleading statements or failed to disclose material information to investors [1].
TUESDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Lineage, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-26 21:40
SAN DIEGO, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Lineage, Inc. (NASDAQ: LINE) common stock in or traceable to the registration statement used in connection with Lineage’s July 2024 initial public offering (“IPO”), have until Tuesday, September 30, 2025 to seek appointment as lead plaintiff of the Lineage class action lawsuit. Captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383, and p ...
Snap Inc. (SNAP) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-26 19:28
Accessibility StatementSkip Navigation This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contact Us:Glancy Prongay & Murray LLP,1925 Century Park East, Suite 2100,Los Angeles, CA 90067Charles LinehanEmail: [email protected]Telephone: 310-201-9150Toll-Free: 888-773-9224 Visit our website at: www.glancylaw.com. SOURCE Glancy Prongay & Murray LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers 9k+Digit ...
Novo Nordisk A/S (NVO) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-26 19:27
Accessibility StatementSkip Navigation LOS ANGELES, Sept. 26, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Novo Nordisk A/S ("Novo Nordisk" or the "Company") (NYSE:Â NVO). IF YOU SUFFERED A LOSS ON YOUR NOVO NORDISK INVESTMENTS, CLICKÂ HERE BEFORE SEPTEMBER 30, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges t ...