Securities Fraud

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Broadwind, Inc. - BWEN
GlobeNewswire News Room· 2025-08-25 15:31
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Broadwind, Inc. (“Broadwind” or the “Company”) (NASDAQ: BWEN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Broadwind and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On August ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Nutex Health Inc. and Certain Officers – NUTX
GlobeNewswire News Room· 2025-08-25 14:58
Core Viewpoint - A class action lawsuit has been filed against Nutex Health Inc. and certain officers for alleged violations of federal securities laws during the Class Period from August 8, 2024, to August 14, 2025, seeking damages for affected investors [1][2]. Company Overview - Nutex Health Inc. is a physician-led healthcare services company that operates through three divisions: a hospital division with 24 facilities across 11 states, a population health management division, and real estate [4]. - The company primarily operates as an out-of-network provider, generating over 90% of its net patient service revenue from third-party payors, including commercial insurance and workers' compensation [4]. Legislative Context - The No Surprises Act (NSA), effective January 1, 2022, was enacted to prevent surprise out-of-network billing, requiring private health plans to cover out-of-network claims at in-network cost-sharing rates [6]. - The NSA established an independent dispute resolution (IDR) process for determining out-of-network payment amounts when negotiations fail [7]. Financial Impact - Following the implementation of the NSA, Nutex's average payment from insurers for emergency services declined by approximately 30%, with a 37% reduction for physician services reported in March 2023 [8]. - In 2024, Nutex's total revenue increased by $232.3 million to $479.9 million, with the arbitration process contributing approximately $169.7 million to this revenue increase [9]. Internal Control Issues - Nutex has acknowledged material weaknesses in its internal controls over financial reporting, including ineffective design and implementation of controls related to financial processes [9]. - The company has stated it is in the process of remediating these weaknesses [9]. Allegations and Lawsuits - The lawsuit alleges that Nutex made materially false and misleading statements regarding its business operations and financial prospects, including claims about the sustainability of revenues from its engagement with HaloMD in the IDR process [9]. - Blue Orca Capital's report accused HaloMD of engaging in fraudulent schemes to inflate payments from insurance companies, which could impact Nutex's financial stability [10][11]. Stock Price Reaction - Following the publication of the Blue Orca Report, Nutex's stock price fell by $11.18 per share (10.05%) on July 22, 2025, and further declined by $18.22 per share (16.39%) after the company announced a delay in filing its Form 10-Q on August 15, 2025 [11][13]. Recent Developments - On August 21, 2025, Nutex filed a Current Report with the SEC indicating that certain financial statements would need to be restated due to improper treatment of non-cash obligations [14].
Petco Health and Wellness Company (NASDAQ: WOOF) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
Prnewswire· 2025-08-25 13:19
PHILADELPHIA, Aug. 25, 2025 /PRNewswire/ -- Berger Montague is investigating potential securities fraud claims on behalf of investors in Petco Health and Wellness Company, Inc. ("Petco" or the "Company") (NASDAQ: WOOF) related to a recently filed class action lawsuit.Petco, headquartered in San Diego, CA, is a health and wellness company focused on enhancing the lives of pets and pet parents.The complaint alleges that Petco made materially false and misleading statements regarding its pandemic-related growt ...
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Flywire Corporation (NASDAQ: FLYW)
GlobeNewswire News Room· 2025-08-25 12:29
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Flywire Corporation (“Flywire” or the “Company”) (NASDAQ: FLYW) between February 28, 2024 and February 25, 2025, inclusive. Should You Join This Class Action Lawsuit? Do you, or did you, own shares of Flywire Corporation (NASDAQ: FLYW)?Did you purchase your shares between February 28, 2024 ...
PUBM Investors Have Opportunity to Lead PubMatic, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-08-25 08:27
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its business operations and financial performance [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that PubMatic made false and misleading statements to the market, particularly about a significant buyer shifting clients to a competing platform, which negatively impacted the company's inventory and ad spend [4]. - The class period for the lawsuit is defined as from February 27, 2025, to August 11, 2025, during which investors are encouraged to contact the Schall Law Firm if they suffered losses [2]. Group 2: Investor Participation - Investors who purchased PubMatic securities during the class period are urged to reach out to the Schall Law Firm before October 20, 2025, to discuss their rights and potential participation in the lawsuit [2][3]. - The class has not yet been certified, meaning that until certification occurs, affected investors are not represented by an attorney [3]. Group 3: Company Impact - The lawsuit claims that the misleading statements led to significant damages for investors once the truth about PubMatic's business situation was revealed [4].
BRBR CLASS REMINDER: Suffer Losses on Your BellRing Brands, Inc. Investment? Contact BFA Law about the Securities Fraud Investigation (NYSE:BRBR)
GlobeNewswire News Room· 2025-08-23 11:08
NEW YORK, Aug. 23, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into BellRing Brands, Inc. (NYSE: BRBR) for potential violations of the federal securities laws. If you invested in BellRing, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/bellring-brands-inc-class-action-lawsuit. Why is BellRing Being Investigated? BellRing Brands operates in the convenient nutrition category. The Compa ...
Shareholders of Fiserv, Inc. Should Contact Levi & Korsinsky Before September 22, 2025 to Discuss Your Rights – FI
GlobeNewswire News Room· 2025-08-22 20:42
NEW YORK, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission ...
IRBT Deadline: IRBT Investors with Losses in Excess of $100K Have Opportunity to Lead iRobot Corporation Securities Fraud Lawsuit
Prnewswire· 2025-08-22 18:53
NEW YORK, Aug. 22, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iRobot Corporation (NASDAQ: IRBT) between January 29, 2024 and March 11, 2025, both dates inclusive (the "Class Period"), of the important September 5, 2025 lead plaintiff deadline.So What: If you purchased iRobot securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PubMatic, Inc. - PUBM
Prnewswire· 2025-08-22 14:00
NEW YORK, Aug. 22, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of PubMatic, Inc. ("PubMatic" or the "Company") (NASDAQ: PUBM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether PubMatic and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On August 11, 2025, PubM ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Trade Desk, Inc. - TTD
Prnewswire· 2025-08-22 14:00
Attorney advertising. Prior results do not guarantee similar outcomes. After the market closed on August 7, 2025, TTD reported disappointing second quarter 2025 financial results. In response, the Company received multiple downgrades due to company execution, including a double downgrade by Bank of America. For example, a Bank of America analyst stated in an investor note that " [w]hen TTD reported 4Q24 results, it missed guidance for the first time as a public company, raising concerns about competitive pr ...