Securities Law Violations

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MTUS Investors Have Opportunity to Join Metallus Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-05-20 08:15
Core Viewpoint - The Schall Law Firm is investigating Metallus Inc. for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Metallus issued false or misleading statements and failed to disclose critical information to investors [2]. - Metallus reported its Q1 2025 financial results on May 8, 2025, with non-GAAP earnings per share significantly missing consensus estimates [2]. - Following the announcement, Metallus shares dropped by over 11.3% the next day, indicating a negative market reaction [2]. Group 2: Company Background - Metallus Inc. is listed on the NYSE under the ticker MTUS [1]. - The CEO of Metallus attributed the volatility in the defense supply chain during Q1 to customer manufacturing start-up challenges [2]. Group 3: Legal Representation - The Schall Law Firm specializes in securities class action lawsuits and represents investors globally [3]. - Shareholders who experienced losses are encouraged to contact the firm for discussions regarding their rights [3].
Treace Medical Concepts, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - TMCI
Prnewswire· 2025-05-19 17:04
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Treace Medical Concepts, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information affecting the company's stock value [1][3]. Group 1: Allegations and Impact - The complaint alleges that during the class period from May 8, 2023, to May 7, 2024, Treace Medical faced competition that negatively impacted the demand for its primary product, the 3D bunion correction system known as "Lapiplasty" [1]. - As a result of the competition, Treace Medical's revenue declined, prompting the company to accelerate plans for an alternative product to osteotomy [1]. - The defendants' positive statements regarding the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [1]. Group 2: Class Action Details - Shareholders who purchased TMCI shares during the specified class period are encouraged to register for the class action, with a deadline set for June 10, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
Viatris Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - VTRS
Prnewswire· 2025-05-19 17:04
NEW YORK, May 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Viatris Inc. (NASDAQ: VTRS).Shareholders who purchased shares of VTRS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/viatris-inc-loss-submission-form-2/?id=148823&from=4CLASS PERIOD: August 8, 2024 to February ...
BigBear.ai Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights - BBAI
Prnewswire· 2025-05-19 17:04
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of BigBear.ai Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and accounting errors during a specified class period [1][2]. Group 1: Allegations and Issues - The complaint alleges that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions [2] - It is claimed that BigBear incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15 [2] - The errors led to BigBear improperly accounting for the 2026 Convertible Notes, resulting in misstated financial statements that would likely need to be restated [2] Group 2: Class Action Details - The class period for the lawsuit is defined as March 31, 2022, to March 25, 2025, with a deadline for shareholders to register by June 10, 2025 [2][3] - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [3] - There is no cost or obligation for shareholders to participate in the case [3] Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [4] - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [4] - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [4]
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Foot Locker, Inc.
Prnewswire· 2025-05-15 21:42
Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations by Foot Locker, Inc. and its board of directors regarding the proposed acquisition by DICK'S Sporting Goods, Inc. [1] Group 1: Acquisition Details - The proposed acquisition involves stockholders receiving either $24.00 or 0.1168 shares of DICK'S Sporting Goods common stock for each share of Foot Locker stock held [1] - The transaction is valued at approximately $2.5 billion and is expected to close in the second half of 2025 [1]
Digimarc Corporation Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before July 7, 2025 to Discuss Your Rights – DMRC
GlobeNewswire News Room· 2025-05-15 18:02
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Digimarc Corporation (NASDAQ: DMRC). Shareholders who purchased shares of DMRC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/digimarc-corporation-loss-submission-form-2/?id=148467&from=3 CLASS PERIOD: Ma ...
Cerevel Therapeutics Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights – ABBV
GlobeNewswire News Room· 2025-05-12 17:18
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Cerevel Therapeutics Holdings, Inc. regarding a class action lawsuit related to alleged misleading statements and omissions during a secondary stock offering, which may have artificially deflated the stock price prior to a merger announcement with AbbVie Inc. [1][4] Group 1: Allegations and Impact - The lawsuit claims that Cerevel's October 16, 2023 secondary stock offering documents omitted material facts about AbbVie's interest in acquiring Cerevel at a significantly higher price than the offering price of $22.81 per share [4] - Bain Capital, Cerevel's controlling shareholder, allegedly acquired shares at an artificially depressed price while possessing nonpublic information about AbbVie's acquisition interest, resulting in a windfall of over $120 million when AbbVie announced the acquisition at $45 per share [4] - Cerevel's January 18, 2024 Proxy statement is accused of misleading investors regarding the nature and timing of AbbVie's interest in the company [4] Group 2: Class Action Details - The class period for the lawsuit includes all persons or entities that sold or disposed of Cerevel's common stock from October 11, 2023, to August 1, 2024, and those who held shares as of January 8, 2024, entitled to vote on the merger [3] - Shareholders are encouraged to register for the class action by June 3, 2025, to participate in potential recovery without any cost or obligation [5] - The Gross Law Firm aims to protect investors' rights and ensure responsible business practices by seeking recovery for losses incurred due to misleading statements or omissions [6]
Viatris Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights – VTRS
GlobeNewswire News Room· 2025-05-12 17:12
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Viatris Inc. (NASDAQ: VTRS). Shareholders who purchased shares of VTRS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/viatris-inc-loss-submission-form-2/?id=147747&from=3 CLASS PERIOD: August 8, 2024 to F ...
Berman Tabacco Announces Investigation of Potential Securities Law Violations By Compass Diversified Holdings (CODI)
GlobeNewswire News Room· 2025-05-09 13:50
BOSTON, May 09, 2025 (GLOBE NEWSWIRE) -- Berman Tabacco announces that it is investigating potential securities law violations by Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI). About the Investigation On May 7, 2025, after the markets closed, Compass filed a Form 8-K which stated that the Audit Committee of Board of Directors “commenced an internal investigation into the financing, accounting, and inventory practices of Lugano Holding, Inc. (‘Lugano’), a subsidiary and operating se ...
Sana Biotechnology, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – SANA
GlobeNewswire News Room· 2025-05-07 16:30
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Sana Biotechnology, Inc. (NASDAQ: SANA). Shareholders who purchased shares of SANA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/sana-biotechnology-inc-loss-submission-form/?id=147117&from=3 CLASS PERIOD ...