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Shareholders that lost money on Ibotta, Inc. (IBTA) should contact Levi & Korsinsky about pending Class Action - IBTA
GlobeNewswire News Room· 2025-06-10 17:01
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 at-will nature of its contract with The Kroger Co., which could allow Kroger to terminate the contract without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not adequately warn investors about the risks associated with the Kroger contract [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 investors to incur any out-of-pocket costs or fees [4]. Group 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 [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
BBAI LAWSUIT ALERT: Levi & Korsinsky Notifies BigBear.ai Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-06-10 09:45
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: Lawsuit Details - The complaint claims that BigBear.ai Holdings had inadequate accounting review policies for reporting and disclosing certain complex transactions [2]. - It is alleged that the company incorrectly accounted for the 2026 Convertible Notes, failing to separate the conversion option as required by accounting standards [2]. - The errors led to misstatements in previously issued financial statements, which may need to be restated, increasing the risk of delayed filings with the SEC [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 10, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal 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 U.S. [4].
Deadline Alert: Red Cat Holdings, Inc. (RCAT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-06-06 16:00
LOS ANGELES, June 06, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming July 22, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQ: RCAT) securities between March 18, 2022 and January 15, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR RED CAT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Digimarc Corporation of Class Action Lawsuit and Upcoming Deadlines - DMRC
GlobeNewswire News Room· 2025-06-06 15:02
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Digimarc Corporation (“Digimarc” or the “Company”) (NASDAQ: DMRC).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Digimarc and certain of ...
Open Lending Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before June 30, 2025 to Discuss Your Rights - LPRO
Prnewswire· 2025-06-06 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Open Lending Corporation, alleging securities fraud that affected investors between February 24, 2022, and March 31, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that the defendants made false statements regarding the Company's risk-based pricing models and profit share revenue [2]. - It is alleged that the Company failed to disclose that its 2021 and 2022 vintage loans had significantly depreciated in value compared to their outstanding loan balances [2]. - The complaint also states that the defendants misrepresented the underperformance of the Company's 2023 and 2024 vintage loans, leading to materially misleading statements about the Company's business and prospects [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 30, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
LPRO LAWSUIT ALERT: Levi & Korsinsky Notifies Open Lending Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-06-05 17:08
NEW YORK, June 05, 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:// ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Laser Photonics Corporation – LASE
GlobeNewswire News Room· 2025-06-02 21:23
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Laser Photonics Corporation and its officers or directors [1] Group 1: Company Compliance Issues - On May 29, 2025, Laser Photonics disclosed that it received a notice from Nasdaq regarding non-compliance with listing rules due to delinquent filings, specifically the Form 10-Q for the period ended March 31, 2025, and the Form 10-K for the period ended December 31, 2024 [3] - The company has until June 16, 2025, to submit a plan to regain compliance with these delinquent reports [3] - The delay in filings was attributed to the acquisition of certain assets from CMS in November 2024 for approximately $1 million [3] Group 2: Market Reaction - Following the news of the compliance issues, Laser Photonics' stock price fell by $0.16 per share, or 6.53%, closing at $2.29 per share on May 30, 2025 [3]
BBAI CLASS NOTICE: BigBear.ai Holdings, Inc. Investors may have been Affected by Fraud – Contact BFA Law before June 10 Court Deadline (NYSE:BBAI)
GlobeNewswire News Room· 2025-05-31 11:07
Core Viewpoint - A lawsuit has been filed against BigBear.ai Holdings, Inc. and its senior executives for potential violations of federal securities laws, specifically under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][2]. Company Overview - BigBear.ai is an AI-driven technology solutions company that focuses on operationalizing AI through data analysis in sectors such as national security, supply chain management, and digital identity and biometrics [3]. Financial Events - BigBear.ai went public through a SPAC transaction, merging with GigCapital4 Merger Sub Corporation and subsequently with GigCapital4, Inc. The company issued $200 million in unsecured convertible notes with a maturity date of December 15, 2026 [4]. - The company improperly accounted for the 2026 Convertible Notes, leading to misstatements in its financial statements [4]. Stock Performance - On March 18, 2025, BigBear.ai announced a delay in filing its 2024 10-K, stating that prior financial statements since fiscal year 2021 should not be relied upon, resulting in a stock price decline of approximately 15%, from $3.49 to $2.97 per share [5]. - Following the filing of the restated 2024 10-K on March 25, 2025, which revealed a material weakness in internal controls, the stock price fell about 9%, from $3.51 to $3.19 per share [6].
Shareholders that lost money on Ibotta, Inc.(IBTA) should contact Levi & Korsinsky about pending Class Action - IBTA
Prnewswire· 2025-05-30 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 The Kroger Co., 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 case [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no costs or fees 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].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of June 17, 2025 in NET Power, Inc. Lawsuit - NPWR
Prnewswire· 2025-05-30 09:45
NEW YORK, May 30, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/net-power-inc-lawsuit-subm ...