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Shareholders that lost money on Fortrea Holdings Inc.(FTRE) should contact Levi & Korsinsky about pending Class Action - FTRE
GlobeNewswire News Room· 2025-06-13 17:18
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fortrea Holdings Inc. ("Fortrea Holdings Inc." or the "Company") (NASDAQ: FTRE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fortrea Holdings Inc. investors who were adversely affected by alleged securities fraud between July 3, 2023 and February 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/psl ...
Shareholders of Ibotta, Inc. Should Contact Levi & Korsinsky Before June 16, 2025 to Discuss Your Rights – IBTA
GlobeNewswire News Room· 2025-06-13 17:18
Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Class Definition - The lawsuit aims to recover losses for investors who purchased Ibotta securities linked to the company's IPO [2]. Case Details - The complaint alleges that Ibotta made false statements and failed to disclose the risks associated with its contract with Kroger, specifically that the contract was at-will, allowing Kroger to terminate it without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not mention the at-will nature of the Kroger contract, misleading investors about the potential risk of losing a major client [3]. Next Steps - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [5].
Ibotta, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - IBTA
Prnewswire· 2025-06-13 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Ibotta securities and were negatively impacted by the alleged fraud [2]. - The complaint alleges that Ibotta failed to disclose the risks associated with its contract with Kroger, specifically that the contract was at-will, allowing Kroger to terminate it without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not mention the at-will nature of the Kroger contract, misleading investors about the stability of its client relationships [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no costs or obligations for class members to participate [4]. Group 3: Law 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 [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
PEPG Investors Have Opportunity to Lead PepGen Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-06-12 21:57
Core Viewpoint - A class action lawsuit has been filed against PepGen Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its drug candidate PGN-EDO51 and its CONNECT2 study [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased PepGen's securities between March 7, 2024, and March 3, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against PepGen - The complaint alleges that PepGen's drug candidate PGN-EDO51 was less safe and effective than claimed [4]. - It is asserted that the CONNECT2 study was deficient for FDA approval and posed dangers to participants [4]. - The company is likely to halt its CONNECT2 study, leading to false and materially misleading public statements throughout the class period [4]. Group 3: Investor Communication - The Schall Law Firm specializes in securities class action lawsuits and encourages affected investors to contact them for assistance [5]. - Investors can reach out to the firm for a free discussion of their rights [3].
Red Cat Holdings, Inc. (RCAT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-06-10 20:45
BENSALEM, Pa., June 10, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Red Cat Holdings, Inc. ("Red Cat" or the "Company") (NASDAQ: RCAT).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RED CAT HOLDINGS, INC. (RCAT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Off ...
Compass Group Diversified Holdings, LLC Class Action: Levi & Korsinsky Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 – CODI
GlobeNewswire News Room· 2025-06-10 17:07
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.co ...
Investors in NET Power, Inc. Should Contact Levi & Korsinsky Before June 17, 2025 to Discuss Your Rights – NPWR
GlobeNewswire News Room· 2025-06-10 17:07
Core Viewpoint - NET Power, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between June 9, 2023, and March 7, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [2] - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could negatively impact the Company's business and financial results [2] - Public statements made by the defendants were materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
Open Lending Corporation Class Action: Levi & Korsinsky Reminds Open Lending Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 30, 2025 – LPRO
GlobeNewswire News Room· 2025-06-10 17:05
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Open Lending Corporation ("Open Lending Corporation" or the "Company") (NASDAQ: LPRO) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Open Lending Corporation investors who were adversely affected by alleged securities fraud between February 24, 2022 and March 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https:// ...
BigBear.ai Holdings, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before June 10, 2025 to Discuss Your Rights – BBAI
GlobeNewswire News Room· 2025-06-10 17:05
Core Viewpoint - A class action securities lawsuit has been filed against BigBear.ai Holdings, alleging securities fraud that affected investors between March 31, 2022, and March 25, 2025 [1]. Group 1: Allegations of Fraud - The lawsuit claims that BigBear.ai Holdings made false statements and concealed deficiencies in accounting review policies related to unusual or complex transactions [2]. - It is alleged that the company incorrectly determined the treatment of the conversion option within the 2026 Convertible Notes, failing to bifurcate it as required by accounting standards [2]. - The misstatements in financial statements are said to require restatement, increasing the risk of delays in filing reports with the SEC [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 10, 2025, to request appointment 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]. Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Fortrea Holdings Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – FTRE
GlobeNewswire News Room· 2025-06-10 17:02
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fortrea Holdings Inc. ("Fortrea Holdings Inc." or the "Company") (NASDAQ: FTRE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fortrea Holdings Inc. investors who were adversely affected by alleged securities fraud between July 3, 2023 and February 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/psl ...