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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FL, ENZB, HSON on Behalf of Shareholders
Prnewswire· 2025-07-28 22:37
Group 1 - Halper Sadeh LLC is investigating Foot Locker, Inc. for potential violations related to its sale to DICK'S Sporting Goods, where shareholders can choose between $24.00 in cash or 0.1168 shares of DICK'S common stock for each share of Foot Locker [1] - Enzo Biochem, Inc. is being sold to Battery Ventures for $0.70 per share in cash [2] - Hudson Global, Inc. is merging with Star Equity Holdings, Inc., resulting in Hudson shareholders owning approximately 79% of the combined company post-transaction [2] Group 2 - Halper Sadeh LLC may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lockheed Martin Corporation - LMT
Prnewswire· 2025-07-27 14:00
Core Insights - Lockheed Martin Corporation is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - The company reported significant financial losses in its second quarter 2025 results, including $1.6 billion in program losses [2] - Following the financial disclosures, Lockheed's stock price experienced a notable decline of 10.8%, closing at $410.69 per share [3] Financial Performance - Lockheed disclosed $950 million in losses related to its Aeronautics Classified program due to design, integration, and testing challenges [2] - The Canadian Maritime Helicopter Program incurred $570 million in losses, attributed to additional mission capabilities and revised flight hour expectations [2] - A $95 million charge was reported for the Turkish Utility Helicopter Program, reflecting the current status of the program [2] Market Reaction - The announcement of the financial losses led to a sharp decline in Lockheed's stock price, falling by $49.84 per share [3]
RXST INVESTIGATION: RxSight, Inc. (NASDAQ:RXST) 38% Stock Drop Triggers Securities Fraud Investigation – Contact BFA Law if You Lost Money
GlobeNewswire News Room· 2025-07-18 13:07
Core Viewpoint - RxSight, Inc. is under investigation for potential violations of federal securities laws following a significant decline in stock price due to revenue forecast cuts related to a slowdown in product utilization [1][4][5]. Company Overview - RxSight manufactures and sells light adjustable intraocular lenses used in cataract surgery, with its main product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [2]. Financial Performance - The company previously reported strong sales for LAL and Light Delivery Device (LDD), but began experiencing a slowdown in LAL utilization noted in 2024 [3]. - On April 3, 2025, RxSight cut its 2025 full-year revenue forecast, leading to a stock price drop of approximately 38%, from $26.12 to $16.21 per share [4]. - A further revenue forecast cut on July 8, 2025, resulted in another 38% decline in stock price, from $12.79 to $7.95 per share [5].
BRBR INVESTIGATION: BellRing Brands, Inc. (NYSE:BRBR) 18% Stock Drop Triggers Securities Fraud Investigation – Contact BFA Law if You Lost Money
GlobeNewswire News Room· 2025-07-18 13:07
Core Viewpoint - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws, with concerns regarding the sustainability of its sales growth driven by temporary trade inventory loading rather than genuine consumer demand [1][2]. Group 1: Company Overview - BellRing operates in the convenient nutrition category, primarily known for its brands Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powders [2]. - The company reported that Premier Protein achieved an all-time high in household penetration, indicating strong demand [2]. Group 2: Sales Growth and Challenges - The sales growth during the relevant period may have been artificially inflated due to temporary trade inventory loading at key retailers, raising questions about sustainable demand [2]. - On May 5, 2025, BellRing disclosed that several key retailers had reduced their weeks of supply on hand, which would negatively impact growth in Q3 2025 [3]. - Following this announcement, BellRing's stock price dropped by $13.96, or over 18%, from $77.34 to $63.38 per share [3]. Group 3: Legal Implications - Investors in BellRing are encouraged to seek legal options due to the ongoing investigation and potential securities law violations [4]. - Bleichmar Fonti & Auld LLP, the law firm leading the investigation, has a strong track record in securities class actions and has recovered significant amounts for shareholders in past cases [5].
SHAREHOLDER NOTICE: Kaskela Law LLC Announces Shareholder Investigation of Solid Biosciences Inc. (NASDAQ: SLDB) and Encourages Long-Term SLDB Investors to Contact the Firm
Prnewswire· 2025-07-10 12:00
Core Viewpoint - Kaskela Law LLC is investigating Solid Biosciences Inc. due to a significant decline in its stock price, which has dropped over 40% since September 2024 [1][2]. Group 1: Stock Performance - Solid Biosciences' stock price has decreased from over $10.00 per share to less than $6.00 per share, representing a decline of over 40% [1]. Group 2: Legal Investigation - The investigation aims to determine if Solid Biosciences and its officers and directors violated securities laws or breached fiduciary duties related to recent corporate actions [2].
SHAREHOLDER NOTICE: Kaskela Law LLC Announces Shareholder Investigation of First American Financial Corp. (NYSE: FAF) and Encourages Long-Term FAF Investors to Contact the Firm
Prnewswire· 2025-07-10 12:00
Core Viewpoint - Kaskela Law LLC is investigating First American Financial Corp. on behalf of long-term investors due to a significant decline in the company's stock price since November 2024, which has dropped over 11% from above $70.00 to under $62.00 per share [1][2]. Group 1 - The investigation aims to determine if First American and its officers and directors violated securities laws or breached fiduciary duties related to recent corporate actions [2]. - The decline in stock price indicates potential concerns among investors regarding the company's governance and operational decisions [1][2]. Group 2 - First American shareholders are encouraged to reach out to Kaskela Law LLC for more information regarding their legal rights and options related to the investigation [3]. - Kaskela Law LLC specializes in representing investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis [3].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CRGX and WNS on Behalf of Shareholders
GlobeNewswire News Room· 2025-07-09 16:13
Group 1 - Halper Sadeh LLC is investigating CARGO Therapeutics, Inc. for potential violations of federal securities laws related to its sale to Concentra Biosciences, LLC, which is proposed at $4.379 in cash per share plus a contingent value right [1] - WNS (Holdings) Limited is also under investigation for its sale to Capgemini at $76.50 per share [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options without any out-of-pocket payment for legal fees [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Centene Corporation (NYSE: CNC) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
GlobeNewswire News Room· 2025-07-08 02:56
Core Viewpoint - Centene Corporation is under investigation for potential violations of federal securities laws due to allegations of providing misleading business information, which has led to significant stock price decline following the withdrawal of its earnings guidance [1][4]. Company Overview - Centene is a managed healthcare company that specializes in government-sponsored programs such as Medicaid and Medicare, as well as health insurance plans on individual exchanges and commercial marketplaces [3]. Alleged Wrongdoing - On July 1, 2025, Centene announced its decision to withdraw its 2025 earnings guidance, citing declining market growth in 22 out of the 29 states it operates in. The company indicated that health risks in these states were much higher than previously anticipated in its risk adjustment calculations [4]. - Following this announcement, Centene's stock price dropped by $22.87 per share, representing a 40.37% decline, closing at $33.78 per share on July 2, 2025 [4].
BRBR Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages BellRing Brands, Inc. (NYSE: BRBR) Investors with Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-06-30 21:27
Core Insights - BellRing Brands, Inc. is currently under investigation for potential violations of federal securities laws following a significant drop in stock price after a disappointing earnings call [1][2]. Group 1: Company Performance - During the second quarter 2025 earnings call, BellRing Brands reported that certain customers are optimizing their inventories, leading to a slowdown in sales growth projected for the third quarter to "low-single-digits" [2]. - Following this announcement, BellRing Brands' stock price fell nearly 19%, from $78.43 on May 5, 2025, to $63.55 on May 6, 2025 [2]. Group 2: Legal Investigation - Kessler Topaz Meltzer & Check, LLP is investigating potential securities law violations on behalf of BellRing Brands investors [1]. - The law firm has a history of prosecuting class actions related to securities fraud and has recovered billions for investors [3].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CARM, ENZB, GNTY on Behalf of Shareholders
Prnewswire· 2025-06-27 23:57
Group 1 - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to Carisma Therapeutics Inc.'s merger with OrthoCellix, Inc., where existing Carisma shareholders are expected to own approximately 10% of the combined company [1] - Enzo Biochem, Inc. is being sold to Battery Ventures for $0.70 per share in cash, while Guaranty Bancshares, Inc. is being sold to Glacier Bancorp, Inc. for 1.0000 share of Glacier stock for each Guaranty share [2] - Halper Sadeh LLC may seek increased consideration for shareholders and additional disclosures concerning the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options, with the firm representing investors globally who have experienced securities fraud and corporate misconduct [4]