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JHX INVESTOR ALERT: James Hardie Industries plc is Being Investigated for Securities Fraud after Q1 Earnings Leads to 34% Stock Drop – Investors Urged to Contact BFA
Globenewswire· 2025-09-24 12:46
NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into James Hardie Industries plc (NYSE: JHX) for potential violations of the federal securities laws. If you invested in James Hardie, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/james-hardie-industries-class-action-lawsuit. Why Is James Hardie being Investigated?James Hardie is a producer and marketer of high-performance fiber cemen ...
SLP INVESTOR ALERT: Simulations Plus, Inc. is Being Investigated for Securities Fraud after Impairment Charge Leads to 26% Stock Drop – Investors Urged to Contact BFA
Globenewswire· 2025-09-24 12:46
NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Simulations Plus, Inc. (NASDAQ: SLP) for potential violations of the federal securities laws. If you invested in Simulations Plus, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simulations-plus-inc-class-action-lawsuit. Why Is Simulations Plus being Investigated?Simulations Plus is a software company that develops tools for modeli ...
LNTH INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Lantheus Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-09-24 11:15
SAN DIEGO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Lantheus Holdings, Inc. (NASDAQ: LNTH) securities between February 26, 2025 and August 5, 2025, inclusive (the “Class Period”), have until Monday, November 10, 2025 to seek appointment as lead plaintiff of the Lantheus class action lawsuit. Captioned Margolis v. Lantheus Holdings, Inc., No. 25-cv-07491 (S.D.N.Y.), the Lantheus class action lawsuit charges Lantheus and certain of Lantheus’ ...
FTNT INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fortinet, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-24 10:20
Core Viewpoint - The Fortinet class action lawsuit alleges that the company and its executives misrepresented the potential of their product refresh cycle and concealed critical information regarding the upgrade of FortiGate firewalls, leading to significant financial losses for investors [1][3][4]. Group 1: Allegations of Misrepresentation - The lawsuit claims that Fortinet's executives misled investors about the profitability of the refresh cycle, stating it would be more lucrative than it actually was, as it involved older products that represented a "small percentage" of the business [3][4]. - It is alleged that Fortinet did not have a clear understanding of the number of FortiGate firewalls eligible for upgrades, contradicting their public statements [3][4]. - During an earnings call on August 6, 2025, Fortinet disclosed that they were already "approximately 40% to 50% of the way through the 2026 upgrade cycle," which was a significant deviation from prior expectations [4]. Group 2: Impact on Stock Price - Following the revelations during the earnings call, Fortinet's stock price dropped by more than 22%, indicating a strong negative market reaction to the disclosed information [4]. Group 3: Class Action Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fortinet common stock during the specified class period to seek appointment as lead plaintiff in the lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].
VFC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that V.F. Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-09-24 10:00
Core Points - The V.F. Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with a class period from October 30, 2023, to May 20, 2025 [1][3] - The lawsuit claims that V.F. Corporation misrepresented its revenue outlook and growth potential, particularly regarding the Vans brand, while downplaying risks associated with seasonality and macroeconomic factors [3][4] - Following the release of disappointing fiscal results on May 21, 2025, which included a decline in Vans' growth from an 8% loss to a 20% loss, V.F. Corporation's stock price dropped nearly 16% [4] Company Overview - V.F. Corporation, along with its subsidiaries, offers a range of branded apparel, footwear, and accessories for various demographics [2] - The company has been undergoing a significant inventory reset as part of a turnaround strategy, but has struggled to establish a sustainable growth model for the Vans brand [3][4] Legal Process - Investors who purchased V.F. Corporation securities during the class period can seek to be appointed as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [5] - The lead plaintiff has the authority to select a law firm to litigate the case and does not need to be the lead plaintiff to share in any potential recovery [5] Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6] - 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 [6]
SINA Investors Have Opportunity to Lead Sina Corporation Securities Fraud Lawsuit
Prnewswire· 2025-09-23 22:15
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of sellers of ordinary shares of Sina Corporation, specifically those who sold shares during the merger period from October 13, 2020, to March 22, 2021, alleging a fraudulent scheme to depress share value [1][5]. Group 1: Lawsuit Details - The lawsuit claims that defendants misrepresented and omitted material information in Sina's proxy materials related to the merger, which misled shareholders [5]. - It is alleged that the true value of Sina's investment in TuSimple was concealed, leading to an undervaluation of the offer of $43.30 per ordinary share during the merger [5]. - The lawsuit asserts that when the true details became public, investors suffered damages due to the misleading statements about Sina's business and prospects [5]. Group 2: Participation Information - Sellers of Sina ordinary shares during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting Phillip Kim, Esq. for more information [3][6]. - A lead plaintiff must file a motion with the court by November 18, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing shareholder interests [4].
Kirby McInerney LLP Reminds V.F. Corporation Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-23 22:05
Group 1 - The core issue revolves around V.F. Corporation's significant decline in growth for its Vans brand, which reported a 20% loss in the fourth quarter of fiscal 2025, worsening from an 8% loss in the previous quarter [3] - The company attributed its disappointing results and below-expectation guidance to deliberate actions aimed at eliminating unprofitable businesses, indicating that even without these actions, Vans would have experienced a high single-digit revenue decline [3] - Following the announcement of these results, VFC's share price dropped by $2.28, approximately 15.8%, from $14.43 on May 20, 2025, to $12.15 on May 21, 2025 [3] Group 2 - A class action lawsuit has been filed on behalf of investors who purchased VFC securities between October 30, 2023, and May 20, 2025, alleging that the company made materially false and misleading statements regarding its turnaround plans for the Vans brand [4] - The lawsuit claims that the company concealed the need for additional significant reset actions to return the Vans brand to growth, which would adversely affect its revenue growth trajectory [4]
CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Spectrum Pharmaceuticals (NASDAQ: SPPI) Investors to Inquire About a Securities Fraud Class Action by September 24, 2025
Prnewswire· 2025-09-23 12:36
Accessibility StatementSkip Navigation PHILADELPHIA, Sept. 23, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC is investigating securities fraud claims against Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) ("Spectrum" or the "Company") on behalf of investors who purchased or otherwise acquired common shares of Spectrum between March 17, 2022 through September 22, 2022(the "Class Period"). Investor Deadline: Investors who purchased or acquired Spectrum securities during the Class Pe ...
FTNT INVESTOR ALERT: Fortinet, Inc. Investors with Substantial Losses Have Opportunity to Lead the Fortinet Class Action Lawsuit
Prnewswire· 2025-09-23 01:10
Core Viewpoint - Fortinet, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims centered around misrepresentation of the company's product refresh cycle and its impact on business performance [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled "Oklahoma Firefighters Pension and Retirement System v. Fortinet, Inc." and covers purchasers of Fortinet common stock from November 8, 2024, to August 6, 2025 [1]. - Allegations include that Fortinet executives misrepresented the potential profitability of the product refresh cycle, which was based on older products that constituted a "small percentage" of the company's business [3][4]. - The lawsuit claims that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle [3][4]. Group 2: Financial Impact - On August 6, 2025, during an earnings call, Fortinet disclosed that it was "approximately 40% to 50% of the way through the 2026 upgrade cycle" by the end of Q2 2025, contradicting earlier statements [4]. - The lawsuit asserts that the refresh cycle had limited business impact due to the age of the products involved, which were sold when Fortinet's business was significantly smaller [4]. - Following the earnings call, Fortinet's stock price dropped by more than 22%, indicating a significant market reaction to the revelations [4]. Group 3: Legal Process - Investors who purchased Fortinet common stock during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in securing monetary relief for investors, ranking 1 in the ISS Securities Class Action Services for four out of the last five years [6].
RICK Investors Have Opportunity to Lead RCI Hospitality Holdings, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Prnewswire· 2025-09-22 22:18
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of RCI Hospitality Holdings, Inc. securities for the period between December 15, 2021, and September 16, 2025, alleging that the defendants made materially false and misleading statements regarding the company's operations and legal risks [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks faced by the company [5]. - Investors who purchased RCI Hospitality securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5]. - A lead plaintiff must move the Court by November 20, 2025, to represent other class members in the litigation [1][3]. Group 2: Rosen Law Firm's Background - Rosen Law Firm is recognized for its success in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].