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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Coty Inc. – COTY
Globenewswire· 2025-09-10 18:22
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Coty Inc. following disappointing financial results and guidance [1][3]. Financial Performance - On August 20, 2025, Coty reported an unexpected loss for its full fiscal year 2025 and fourth quarter, which led to a significant decline in stock price [3][4]. - The Chief Financial Officer attributed sluggish sales to various factors, including value-seeking behavior among consumers, innovation fatigue, and changes in anti-theft and immigration policies [3]. Stock Market Reaction - Following the announcement of the financial results, Coty's stock price dropped by $1.05 per share, representing a 21.6% decline, closing at $3.81 per share on August 21, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Axogen, Inc. - AXGN
Globenewswire· 2025-09-10 18:21
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Axogen, Inc. and its officers or directors [1] Group 1: Company Developments - On August 25, 2025, Axogen announced that the FDA extended the PDUFA goal date for its Biologics License Application for Avance® Nerve Graft by three months to December 5, 2025 [3] - Following this announcement, Axogen's stock price decreased by $1.47 per share, or 9.04%, closing at $14.79 per share on the same day [3] Group 2: Legal Investigation - Pomerantz LLP is representing investors in investigating claims against Axogen for possible securities fraud or other unlawful business practices [1] - The firm has a long history in corporate, securities, and antitrust class litigation, having recovered numerous multimillion-dollar damages awards for victims of securities fraud [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lineage, Inc. - LINE
Globenewswire· 2025-09-10 17:51
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Lineage, Inc. and its officers or directors [1] Group 1: Company Overview - Lineage, Inc. conducted its initial public offering on July 25, 2024, offering 56,882,051 shares at a price of $78.00 per share [3] - The company reported a total revenue of $1.29 billion for Q1 2025, reflecting a decrease of 2.7% compared to previous periods, attributed to more normal seasonal trends after elevated inventory levels [3] Group 2: Stock Performance - Following the Q1 2025 financial results announcement, Lineage's stock price dropped by $8.26 per share, or 14.62%, closing at $48.23 per share on April 30, 2025 [3]
LNTH LAWSUIT: Lantheus Holdings Inc. Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses
Globenewswire· 2025-09-10 14:54
Core Viewpoint - A securities fraud lawsuit has been filed against Lantheus Holdings Inc. and its executives, alleging that they misled investors regarding the performance and pricing of its key product, Pylarify, leading to significant stock price declines [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Lantheus and its executives provided false assurances about Pylarify's market leadership and pricing strength, while concealing competitive pressures and price erosion [2]. - Following the release of disappointing quarterly results in May and August 2025, Lantheus' stock experienced declines of over 23% and 28%, respectively, due to reduced revenue guidance and increased competition [2]. Group 2: Investor Eligibility - Investors who purchased Lantheus Holdings Inc. common stock between February 26, 2025, and August 5, 2025, and have experienced losses may be eligible to participate in the lawsuit, regardless of whether they sold their shares [3]. Group 3: Next Steps for Investors - The deadline for investors to seek appointment as lead plaintiff is November 10, 2025, and a class has not yet been certified [4]. - Investors are encouraged to contact Block & Leviton for more information on how to proceed if they have incurred losses [4]. Group 4: Whistleblower Information - Individuals with non-public information about Lantheus Holdings Inc. are encouraged to assist in the investigation or report to the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [5]. Group 5: Firm Background - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [6].
JHX FRAUD NOTICE: James Hardie Industries plc Hit with Securities Fraud Investigation after 34% Stock Drop – Investors Urged to Contact BFA Law
Globenewswire· 2025-09-10 11:07
Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, following a significant decline in its stock price due to disappointing sales results attributed to temporary inventory loading rather than sustainable customer demand [1][4]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the United States and Canada [2]. Sales Performance - The company claimed that its "fast[]-growing customers" were a key aspect of its competitive positioning, asserting that its North American business results demonstrated the strength of its value proposition [3]. - However, it appears that North American sales may have been artificially inflated due to temporary inventory loading by channel partners, rather than genuine customer demand [3]. Financial Results - On August 19, 2025, James Hardie reported a 12% decline in North American net sales for fiscal Q1 2026, attributing this to lower volumes as customers adjusted their inventory levels [4]. - The company indicated that significant inventory destocking among channel partners would continue to negatively impact sales for the upcoming quarters [4]. Stock Market Reaction - Following the earnings report, James Hardie's stock price plummeted by $9.79 per share, a decrease of over 34%, dropping from $28.43 to $18.64 within a day [4].
SJM FRAUD NOTICE: J.M. Smucker Co. Hit with Securities Fraud Investigation after 18% Stock Drop – Investors Urged to Contact BFA Law
Globenewswire· 2025-09-10 11:07
Core Insights - J.M. Smucker Company is under investigation for potential violations of federal securities laws following significant financial impairments related to its Sweet Baked Snacks segment and the Hostess brand [1][2][3] Company Overview - J.M. Smucker manufactures and markets branded food and beverage products, having completed the acquisition of Hostess Brands, Inc. in November 2023, which was described as "highly complementary" [2] Financial Performance - In Q4 2025, J.M. Smucker reported an $867 million impairment charge related to the goodwill of its Sweet Baked Snacks segment and a $113 million impairment charge for the Hostess brand trademark, attributed to the segment's continued underperformance [3] - Following the announcement of these impairments, J.M. Smucker's stock price dropped by $17.44, or over 18%, from $111.85 on June 9, 2025, to $94.41 on June 10, 2025 [3]
BMBL Investors Have Opportunity to Join Bumble Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2025-09-07 16:48
Core Viewpoint - The Schall Law Firm is investigating Bumble Inc. for potential violations of securities laws, particularly focusing on misleading statements and undisclosed information that may have affected investors [2]. Group 1: Company Performance - Bumble Inc. reported a significant 8.7% decline in users in its Q2 2025 financial results, despite efforts to enhance user engagement [2]. - Following the announcement of the user drop, Bumble's shares experienced a loss of over 15.9% the next day [2]. Group 2: Legal Action - The Schall Law Firm is inviting shareholders who suffered losses due to the company's performance to participate in the investigation [2]. - The firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally [3].
CHTR INVESTOR NOTICE: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-06 15:00
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) on the company's performance [1][4]. Group 1: Lawsuit Details - The lawsuit, titled Sandoval v. Charter Communications, Inc., seeks to represent purchasers or acquirers of Charter Communications securities, including call options and put options [1]. - Allegations include that Charter Communications failed to disclose the material impact of the ACP's end, which led to a decline in Internet customers and revenue [4]. - The lawsuit claims that the company did not manage the consequences of the ACP ending effectively, resulting in greater risks to business plans and earnings growth than reported [4]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [5]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [5]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [5]. Group 3: Legal Process - Investors who suffered substantial losses can seek to serve as lead plaintiff in the class action lawsuit, with motions due by October 14, 2025 [2][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: Firm Background - 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 [7]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [7].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Snap, Inc. of Class Action Lawsuit and Upcoming Deadlines - SNAP
GlobeNewswire News Room· 2025-09-06 14:30
Group 1 - A class action lawsuit has been filed against Snap, Inc. concerning allegations of securities fraud and unlawful business practices by the company and its officers [2][4] - Investors who purchased Snap securities during the Class Period have until October 20, 2025, to request appointment as Lead Plaintiff [2] - Snap reported a deceleration in advertising revenue growth in its Q2 2025 financial results, attributing the slowdown to issues with its ad platform, the timing of Ramadan, and minor changes [4] Group 2 - Following the announcement of the financial results, Snap's stock price fell by $1.61 per share, or 17.15%, closing at $7.78 per share on August 6, 2025 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Quantum Corporation - QMCO
GlobeNewswire News Room· 2025-09-06 14:29
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Quantum Corporation and its officers or directors [1]. Group 1: Company Developments - On August 18, 2025, Quantum announced the resignation of its Chief Financial Officer Lewis Moorehead due to an internal accounting review related to revenue recognition practices [3]. - Following the announcement of the CFO's resignation, Quantum's stock price decreased by $0.61 per share, representing an 8.2% decline, closing at $6.83 per share on August 19, 2025 [3]. Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [4].