Securities Fraud
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PFSI BREAKING INVESTIGATION: BFA Law Launches Investigation into PennyMac Financial Services, Inc. for Securities Fraud -- Investors with Losses Notified to Contact the Firm
Businesswire· 2026-01-30 19:40
Core Viewpoint - BFA Law has launched an investigation into PennyMac Financial Services, Inc. for potential violations of federal securities laws, particularly concerning misrepresentation of its mortgage recapture capabilities [1] Group 1: Investigation Details - The investigation focuses on whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages as interest rates declined [1] - PennyMac recently increased its capacity to originate loans to retain borrowers seeking to refinance, but faced heightened competition from other lenders [1] Group 2: Financial Performance - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, which contributed to a significant stock price drop [1] - The stock price fell over 37%, from $140.70 per share at the close of trading on January 29, 2026, to as low as $93.50 per share on January 30, 2026 [1]
Levi & Korsinsky Investigates Possible Securities Fraud by First Western Financial, Inc. (MYFW)
TMX Newsfile· 2026-01-30 19:00
Core Viewpoint - First Western Financial, Inc. is under investigation for potential violations of federal securities laws following a disappointing earnings report for Q4 2025, which resulted in a significant drop in stock price [1][2]. Financial Performance - First Western reported quarterly earnings of $0.34 per share for Q4 2025, which was below analyst expectations [1]. - The company's stock price fell over 8% on January 23, 2026, in response to the earnings miss [2]. Legal Investigation - Levi & Korsinsky has initiated an investigation into First Western Financial regarding potential securities law violations [1]. - Investors who suffered losses on their First Western securities are encouraged to explore recovery options under federal securities laws [2]. Firm Background - Levi & Korsinsky LLP has a strong reputation in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [3]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [3].
Deadline Alert: Ardent Health, Inc. (ARDT) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Globenewswire· 2026-01-30 18:03
LOS ANGELES, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming March 9, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Ardent Health, Inc. (“Ardent” or the “Company”) (NYSE: ARDT) securities between July 18, 2024 and November 12, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR ARDENT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS T ...
BRBR STOCK DROP ALERT: BellRing Brands Sued for Securities Fraud by BFA Law – Contact the Firm if You Suffered Losses
Globenewswire· 2026-01-30 17:14
Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and its senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Denha v. BellRing Brands, Inc., No. 1:26-cv-00575 [2]. - Investors have until March 23, 2026, to request to be appointed to lead the case [2]. Group 2: Company Background - BellRing Brands develops, markets, and sells "convenient nutrition" products, primarily known for its ready-to-drink protein shakes under the Premier Protein brand [3]. - The company previously claimed that its sales growth was due to increased consumer demand and various positive factors, while downplaying competitive pressures [3]. Group 3: Stock Performance and Impact - On May 6, 2025, BellRing's CFO announced that several key retailers had reduced their inventory levels, leading to a projected mid-single-digit headwind for Q3 growth, causing the stock to drop by $14.88 per share, or 19% [4]. - Following the announcement of narrowed fiscal year 2025 sales outlook on August 4, 2025, the stock fell by $17.46 per share, nearly 33%, due to increased competition in the market [5][6].
Fermi Inc. (NASDAQ:FRMI) Accused of Misleading Investors in Securities Fraud Class Action – BFA Law Notifies Investors that the Court Deadline is March 6
Globenewswire· 2026-01-30 13:46
NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cas ...
CoreWeave, Inc. (NASDAQ:CRWV) Accused of Misleading Investors in Securities Fraud Class Action – BFA Law Notifies Investors that the Court Deadline is March 13
Globenewswire· 2026-01-30 13:46
Core Points - A class action lawsuit has been filed against CoreWeave, Inc. and its senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3] - Investors are encouraged to seek additional information regarding the lawsuit and their legal options [2][9] Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure [4] - The company relies on partnerships, including a merger agreement with Core Scientific announced on July 7, 2025 [4] Allegations of Securities Fraud - The lawsuit claims that CoreWeave misrepresented its ability to meet customer demand and concealed construction delays at its data centers [5] - CoreWeave assured investors of its capability to capitalize on high demand for its services, which was later alleged to be overstated [5] Stock Performance and Impact - On October 30, 2025, CoreWeave's stock dropped by $8.87 (over 6%) after Core Scientific failed to secure enough shareholder votes for the merger [6] - Following a revenue guidance reduction on November 10, 2025, the stock fell by $17.22 (over 16%) due to delays from a third-party data center developer [7] - A report on December 15, 2025, regarding delays in a major data center project led to an additional drop of $2.85 (over 3%) in stock price [8]
BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Businesswire· 2026-01-30 00:09
Core Viewpoint - An investigation has been announced regarding BlackRock TCP Capital Corp. for potential violations of federal securities laws, indicating possible legal issues that may affect investors [1] Group 1 - The Law Offices of Howard G. Smith are representing investors of BlackRock TCP Capital Corp. who may have suffered financial losses [1] - Investors are encouraged to contact the law firm to discuss potential claims for recovering losses incurred [1]
CARVANA CO. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-01-29 23:00
Group 1 - The law firm Kirby McInerney LLP is investigating potential claims against Carvana Co. regarding possible violations of federal securities laws and unlawful business practices by the company and its senior management [1] - A report by Gotham City Research alleges that Carvana's reported profitability is based on undisclosed related-party transactions with DriveTime and Bridgecrest, claiming that DriveTime incurred over $1 billion in cash losses while leveraging 20x to 40x EBITDA to support Carvana's earnings [1] - Following the allegations, Carvana's share price dropped by $67.68, approximately 14.2%, from $477.72 on January 27, 2026, to $410.04 on January 28, 2026 [1] Group 2 - No lawsuit has been filed yet, and the investigation is ongoing to assess whether claims can be made under federal securities laws [2] - Individuals who purchased or acquired Carvana securities and have information related to the investigation are encouraged to contact Kirby McInerney LLP for further discussion [2]
FRMI LOSS NOTICE: Fermi Inc. Plummets 33% Triggering Securities Fraud Class Action, Investors Notified to Contact BFA Law by March 6
TMX Newsfile· 2026-01-29 21:33
New York, New York--(Newsfile Corp. - January 29, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://ww ...
FRMI ALERT: Hagens Berman Scrutinizing Suit Against Fermi (FRMI) Over Alleged $150M Anchor Tenant Exit
Prnewswire· 2026-01-29 20:20
Core Viewpoint - Fermi Inc. is facing a securities class action lawsuit due to allegations of misrepresentation regarding the demand for its Project Matador AI data center and the stability of its primary tenant, leading to a significant stock price decline of nearly 34% following the termination of a $150 million funding agreement [1][2][7]. Allegations and Legal Proceedings - The lawsuit claims that Fermi's IPO materials exaggerated the demand for Project Matador to secure investor financing [3][7]. - The complaint highlights that Fermi failed to disclose the risks associated with relying on a single tenant for funding, which ultimately led to the termination of the Advance in Aid of Construction Agreement (AICA) [2][7]. - Following the announcement of the AICA termination on December 12, 2025, Fermi's stock price dropped by 33.8%, with shares trading as low as $8.59, representing a 59% decline from the IPO price of $21.00 [2][7]. Class Action Details - The class action lawsuit aims to represent investors who purchased Fermi shares during the October 2025 IPO or in the open market between October 1, 2025, and December 11, 2025 [6][7]. - The lead plaintiff deadline for the lawsuit is set for March 6, 2026 [6].