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LifeMD (LFMD) Sued for Allegedly Misleading Investors on Growth Guidance According to Hagens Berman
Globenewswire· 2025-09-29 19:44
Core Viewpoint - A federal securities fraud class action lawsuit has been filed against LifeMD, Inc. and its executives, alleging that the company misrepresented its financial health and growth, leading to a significant decline in stock price in August 2025 [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit, titled Johnston v. LifeMD, Inc., covers the period from May 7, 2025, to August 5, 2025, and seeks to recover damages for investors who incurred substantial losses during this timeframe [2]. Allegations of Misleading Information - The complaint indicates that on May 6, 2025, LifeMD reported strong first-quarter results and raised its full-year revenue and adjusted EBITDA guidance, claiming a "category-defining competitive moat" in virtual obesity care and strong performance from its RexMD brand [4]. - However, the lawsuit argues that this optimistic outlook was misleading as the company allegedly failed to disclose ongoing business challenges, including elevated customer acquisition costs and issues with patient refunds [5][10]. Stock Price Impact - Following the announcement of disappointing second-quarter results on August 5, 2025, which included missed revenue and earnings estimates and a reduction in full-year guidance, LifeMD's stock price fell by over 44% the next day [6][5]. Investigation by Hagens Berman - Hagens Berman, a national plaintiffs' rights firm, is investigating these claims on behalf of affected investors, focusing on whether LifeMD's management accurately represented the company's financial situation [7][8]. Key Issues Identified - The lawsuit highlights two main issues: rising customer acquisition costs in the RexMD segment and a higher-than-anticipated refund rate in the weight management business [10].
FLY-E GROUP, INC. (NASDAQ: FLYE) DEADLINE ALERT Bernstein Liebhard LLP Reminds Fly-E Group, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-09-29 13:47
NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Fly-E Group, Inc. (NASDAQ: FLYE)?Did you purchase your shares between July 15, 2025 and August 14, 2025, inclusive?Did you lose money in your investment in Fly-E Group, Inc.?Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Fly-E Group, Inc. (“Fly-E” or the “Company”) (NASDAQ: FLYE) investors of an upcoming deadline involving a securities f ...
C3.AI, INC. (NYSE: AI) DEADLINE ALERT: Bernstein Liebhard LLP Reminds C3.ai, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-09-29 13:19
Core Viewpoint - A securities fraud class action lawsuit has been filed against C3.ai, Inc. alleging misrepresentations regarding the company's business and the impact of the CEO's health on its operations [2][3]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Northern District of California on behalf of investors who acquired C3 securities between February 26, 2025, and August 8, 2025 [2]. - Allegations include that the CEO's health significantly affected C3 AI's ability to close deals and that management failed to mitigate this impact, hindering the company's profit and growth potential [3]. Group 2: Legal Representation - Investors wishing to serve as lead plaintiffs must file by October 21, 2025, with the option to remain absent class members without affecting their ability to share in any recovery [4]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for sixteen consecutive years [5].
SELECTQUOTE, INC. (NYSE: SLQT) DEADLINE ALERT Bernstein Liebhard LLP Reminds SelectQuote, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-09-29 13:19
NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of SelectQuote, Inc. (NYSE: SLQT)?Did you purchase your shares between September 9, 2020 and May 1, 2025, inclusive?Did you lose money in your investment in SelectQuote, Inc.?Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) investors of an upcoming deadline involving a securities ...
Class Action Filed Against Nutex Health Inc. (NUTX) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-09-26 13:00
Accessibility StatementSkip Navigation NEW YORK, Sept. 26, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Nutex Health Inc. ("Nutex Health Inc." or the "Company") (NASDAQ: NUTX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Nutex Health Inc. investors who were adversely affected by alleged securities fraud between August 8, 2024 and August 14, 2025. Follow the link below to get more information and be contacted by a member of our t ...
Dow Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before October 28, 2025 to Discuss Your Rights - DOW
Prnewswire· 2025-09-26 13:00
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. Accessibility StatementSkip Navigation NEW YORK, Sept. 26, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Dow Inc. ("Dow Inc." or the "Company") (NYSE: DOW) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Dow Inc. investors who were adversely affected by alle ...
Levi & Korsinsky Notifies Sable Offshore Corp. Investors of a Class Action Lawsuit and Upcoming Deadline – SOC
Globenewswire· 2025-09-25 20:44
Core Viewpoint - A class action securities lawsuit has been filed against Sable Offshore Corp. due to alleged securities fraud affecting investors who purchased shares between May 19, 2025, and June 3, 2025, and those involved in the company's secondary public offering on May 21, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Sable Offshore Corp. misrepresented its oil production status off the coast of California, stating that production had restarted when it had not [3]. - The complaint alleges that the defendants' statements regarding the company's business operations and prospects were materially false and misleading, lacking a reasonable basis [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky 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 [5].
Altimmune, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 6, 2025 to Discuss Your Rights – ALT
Globenewswire· 2025-09-25 20:43
Core Viewpoint - Altimmune, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between August 10, 2023, and June 25, 2025 [1][2] Case Details - On June 26, 2025, Altimmune announced topline results from the IMPACT Phase 2b MASH trial of Pemvidutide, which failed to achieve statistical significance in the primary endpoint of fibrosis reduction [2] - The stock price of Altimmune dropped from $7.71 per share on June 25, 2025, to $3.61 per share on June 26, 2025, marking a decline of 53.2% in one day [2] Next Steps - Investors who suffered losses during the specified timeframe have until October 6, 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] 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 [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]
Lantheus Holdings, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before November 10, 2025 to Discuss Your Rights – LNTH
Globenewswire· 2025-09-25 20:40
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lantheus Holdings, Inc. ("Lantheus" or the "Company") (NASDAQ: LNTH) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lantheus investors who were adversely affected by alleged securities fraud between February 26, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/lantheus-holding ...
Shareholders that lost money on PubMatic, Inc. (PUBM) should contact Levi & Korsinsky about pending Class Action - PUBM
Globenewswire· 2025-09-25 20:37
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in PubMatic, Inc. ("PubMatic, Inc." or the "Company") (NASDAQ: PUBM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PubMatic, Inc. investors who were adversely affected by alleged securities fraud between February 27, 2025 and August 11, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/pubmatic-inc ...