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Sable Offshore Corp. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - SOC
Prnewswire· 2025-08-21 12:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Sable Offshore Corp. (NYSE: SOC) who purchased shares during a specified class period, alleging that the company made materially false statements regarding its oil production activities [1][2]. Group 1: Allegations - The complaint claims that Sable Offshore Corp. falsely represented that it had restarted oil production off the coast of California when it had not, leading to misleading statements about the company's business and operations [2]. - As a result of these misleading statements, investors suffered damages when the true information became public [2]. Group 2: Class Action Details - The class period for the lawsuit is from May 19, 2025, to June 3, 2025, including a secondary public offering on May 21, 2025 [1]. - Shareholders are encouraged to register for the class action by September 26, 2025, to potentially be appointed as lead plaintiffs [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [4].
SMUCKER INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigating J.M.
GlobeNewswire News Room· 2025-08-20 20:39
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Smucker To Contact Him Directly To Discuss Their Options If you purchased or acquired stock in Smucker and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims a ...
CFLT Investors Have Opportunity to Join Confluent, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-08-14 08:59
Core Viewpoint - The Schall Law Firm is investigating Confluent, Inc. for potential violations of securities laws related to misleading statements and undisclosed information impacting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Confluent issued false or misleading statements and failed to disclose relevant information to investors [2]. - Confluent's Q2 2025 financial results, announced on July 30, 2025, indicated that consumption growth was affected by ongoing optimization, with month-over-month trends lagging behind previous years [2]. - A significant factor in the decline of Confluent's stock was the announcement that an AI-native customer was shifting towards self-management of internal data platforms, leading to reduced usage of Confluent Cloud services [2]. Group 2: Market Reaction - Following the earnings call and the related announcements, shares of Confluent experienced a sharp decline, falling by more than 32.8% the day after the news was released [2].
COLLECTIVE MINING ALERT: Bragar Eagel & Squire, P.C. is Investigating Collective Mining Ltd.
GlobeNewswire News Room· 2025-08-11 22:59
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Collective Mining Ltd. for possible violations of federal securities laws and unlawful business practices, particularly related to exploration activities on untitled land in Colombia [2][3]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Collective Mining to contact them to discuss their legal rights [1][4]. - The investigation is focused on whether Collective Mining has engaged in illegal drilling activities without proper mining concessions from Colombian authorities [3]. Group 2: Stock Performance - Following the report by Morpheus Research alleging illegal activities, Collective Mining's stock experienced a significant decline during intraday trading on August 6, 2025 [3].
SLP BREAKING INVESTIGATION: BFA Law Announces an Investigation into Simulations Plus, Inc. after Stock Plummets over 25% on Impairment Charges – Contact BFA Law if You Lost Money
GlobeNewswire News Room· 2025-08-11 19:36
Core Viewpoint - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following disappointing financial results and issues related to its acquisition of Pro-ficiency Holdings, Inc. [1][2][3] Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2]. - The company acquired Pro-ficiency Holdings, Inc. in June 2024, aiming to double its total addressable market and enhance sales [2][3]. Financial Performance and Issues - Simulations Plus claimed successful integration of Pro-ficiency and effective internal controls over financial reporting, which appears to be misleading as the company struggled with integration and lacked effective controls [3]. - On June 11, 2025, the company announced disappointing preliminary financial results for Q3 2025, attributing challenges to market uncertainties, leading to a stock price drop of over 24% [4]. - The Q3 2025 financial results included a $77.2 million charge related to prior acquisitions, and the company dismissed its auditor Grant Thornton, citing unresolved matters regarding segment reporting and internal controls [5]. Stock Market Reaction - Following the announcement of the impairment charge and auditor dismissal, Simulations Plus's stock fell nearly 26% from $17.47 to $12.97 per share [5].
FLR NEWS: Did Fluor Corporation Mislead Investors? Contact BFA Law about its Investigation into the Company (NYSE:FLR)
GlobeNewswire News Room· 2025-08-09 11:36
Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws following the revelation of undisclosed issues in its infrastructure projects, leading to significant stock price declines [1][4]. Company Overview - Fluor Corporation is a global professional services firm that provides engineering, procurement and construction, fabrication and modularization, and project management services, operating through three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - During the relevant period, Fluor claimed strong productivity in its infrastructure portfolio; however, several projects faced undisclosed design errors, delays, and price escalations that adversely affected the company's business [3]. - On August 1, 2025, Fluor reported disappointing fiscal Q2 2025 results, disclosing a $54 million net impact from cost growth and expected recoveries on three infrastructure projects due to subcontractor design errors, which led to a more than 30% drop in stock price on the same day [4].
Alto Neuroscience, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before September 19, 2025 to Discuss Your Rights – ANRO
GlobeNewswire News Room· 2025-08-07 20:32
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Alto Neuroscience, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's product pipeline and financial prospects [1][4]. Group 1: Class Action Details - The class action lawsuit is on behalf of all persons and entities that purchased Alto common stock during the class period from February 2, 2024, to October 22, 2024 [3]. - Shareholders are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment, although it is not required to partake in any recovery [1][5]. Group 2: Allegations - The complaint alleges that during the class period, the defendants made materially false and misleading statements regarding the effectiveness of the product ALTO-100 in treating major depressive disorder [4]. - It is claimed that the clinical, regulatory, and commercial prospects of ALTO-100 were overstated, leading to an inflated perception of Alto's business and financial prospects [4]. Group 3: Next Steps for Shareholders - Shareholders must register by September 19, 2025, to participate in the class action and will be enrolled in a portfolio monitoring software for updates on the case [5]. - There is no cost or obligation for shareholders to participate in the case [5]. Group 4: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered from deceit and fraud [6]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [6].
SJM LEGAL ALERT: Lose Money on Your The J.M. Smucker Co. Investment?
GlobeNewswire News Room· 2025-08-03 11:07
Core Viewpoint - J.M. Smucker Company is under investigation for potential violations of federal securities laws following significant impairment charges related to its Sweet Baked Snacks segment and the Hostess brand trademark, which have led to a substantial decline in stock price [1][3]. Group 1: Company Overview - J.M. Smucker manufactures and markets branded food and beverage products, including the recently acquired Hostess Brands, Inc., which specializes in sweet baked goods [2]. - The company characterized the Hostess acquisition as "highly complementary," suggesting positive underlying trends in the snacking category [2]. Group 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 due to ongoing underperformance [3]. - Following the announcement of these impairment charges, 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].
ATTENTION NYSE: FI INVESTORS: Contact Berger Montague About a Fiserv, Inc. Class Action Lawsuit
Prnewswire· 2025-07-31 14:06
PHILADELPHIA, July 31, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC is investigating potential claims against Fiserv, Inc. (NYSE: FI) ("Fiserv" or the "Company") related to alleged securities law violations. This investigation follows the filing of a securities class action lawsuit against Fiserv and certain of its senior executives on behalf of investors who purchased the Company's securities between July 24, 2024 and July 22, 2025 (the "Class Period"). Investor Deadline: Investors ...
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Simulations Plus, Inc. (NASDAQ: SLP) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-07-31 02:06
Group 1 - The core issue involves potential violations of federal securities laws by Simulations Plus, Inc. due to allegations of providing misleading business information to investors [1] - Simulations Plus reported third fiscal quarter sales of $20.4 million, missing the consensus estimate by approximately $500,000, and experienced a net loss of $67.3 million compared to a net income of $3.1 million in the same period of 2024 [3] - Following the negative financial report, Simulations Plus's stock price dropped by $4.70 per share, or 25.76%, closing at $12.97 per share on July 15, 2025 [3] Group 2 - Simulations Plus is a life sciences software and consulting company that provides advanced biosimulation tools and consulting services to pharmaceutical and biotechnology companies globally [2] - The company has implemented workforce reductions and cost-cutting measures as part of an operational restructuring plan initiated in June 2025 [3]