Workflow
Securities law violation
icon
Search documents
Slide Insurance Holdings Investigation: Johnson Fistel has Commenced an Investigation on Behalf of Slide Insurance Shareholders
Globenewswire· 2025-10-02 15:01
Core Viewpoint - Johnson Fistel, PLLP is investigating potential violations of securities laws by Slide Insurance Holdings, Inc. and its executives regarding misrepresentation or failure to disclose material information to investors [1] Group 1: Company Performance - Shares of Slide Insurance have decreased by over 25% since its IPO in June [2] - A report from Manatee Research claims that Slide's underwriting margins are primarily influenced by claim denials and delays, contradicting the company's previous claims about its "proprietary technology" [2] Group 2: Regulatory Issues - Florida regulators allegedly ordered the removal of three senior executives due to their prior roles at a failed insurer, although these executives remain in their positions [2]
AGILON INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Encourages Investors in Agilon Health, Inc. to Contact the Firm
Globenewswire· 2025-09-30 21:02
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Agilon Health, Inc. for possible violations of federal securities laws following significant leadership changes and financial disclosures that negatively impacted the company's stock price [1][2]. Investigation Details - On August 4, 2025, Agilon Health announced the resignation of its President and CEO, Steven Sell, and released its second-quarter 2025 financial results, withdrawing its full-year 2025 earnings guidance, leading to a more than 27% drop in share price during after-hours trading [2]. - The investigation is centered on whether Agilon failed to disclose material information regarding the leadership transition and guidance withdrawal, which may constitute a violation of federal securities laws [2]. Next Steps - Investors who purchased Agilon shares and experienced losses are encouraged to contact Bragar Eagel & Squire for more information about their rights and potential claims [3].
SLP SHAREHOLDER ALERT: Simulations Plus, Inc. Investors may have been Affected by Fraud -- Contact BFA Law about its Investigation
Globenewswire· 2025-09-26 12:07
Core Insights - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following disappointing financial disclosures and issues with internal controls [1][3]. Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2]. Acquisition and Integration Issues - In June 2024, Simulations Plus acquired Pro-ficiency Holdings, Inc., claiming the acquisition would double its total addressable market and significantly contribute to sales [2][3]. - However, the company appears to have struggled with the integration of Pro-ficiency and lacked effective internal controls over financial reporting [3]. Financial Performance and Stock Impact - On June 11, 2025, Simulations Plus announced disappointing preliminary financial results for Q3 2025, attributing the decline to market uncertainties, leading to a stock price drop of over 24% [4]. - The company reported a $77.2 million charge related to prior acquisitions in its Q3 2025 results, and subsequently dismissed its auditor, Grant Thornton, due to unresolved issues regarding segment reporting and internal controls [5]. - Following these revelations, the stock price fell nearly 26% from $17.47 to $12.97 per share [5].
ANIKA (ANIK) ALERT: Bragar Eagel & Squire, P.C. is Investigating Anika Therapeutics, Inc. on Behalf of Anika Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 21:43
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Anika Therapeutics, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Anika has engaged in unlawful practices that may have led to financial losses for investors [1][2]. - Anika's stockholders who have suffered losses are encouraged to contact the law firm for further discussion on their legal rights [3]. Company Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with a focus on representing individual and institutional investors in complex litigation across various courts in the U.S. [4]. Recent Company Events - On July 30, 2025, Anika announced topline results from a pivotal clinical trial of Hyalofast, which did not meet its pre-specified co-primary endpoints, leading to a significant drop in stock price [6]. - Following the announcement, Anika's stock price fell by $3.06 per share, or 27.42%, closing at $8.10 per share [6].
SLP SECURITIES NEWS: Why did Simulations Plus, Inc. Stock Drop 26%? Investors with Losses Reminded to Contact BFA Law
Globenewswire· 2025-09-22 11:17
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 reported challenges in integrating Pro-ficiency and acknowledged ineffective internal controls over financial reporting [3] - On June 11, 2025, the company announced disappointing preliminary financial results for Q3 2025, attributing the decline to market uncertainties, leading to a stock price drop of over 24% [4] - The company reported a $77.2 million charge related to prior acquisitions in its Q3 2025 financial results and 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]
BELLRING BRANDS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of BellRing Brands Inc. (BRBR) Investors
Globenewswire· 2025-09-18 21:03
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against BellRing Brands Inc. regarding possible violations of federal securities laws and unlawful business practices affecting stockholders [2]. Investigation Details - The law firm is reaching out to investors who purchased or acquired BellRing Brands shares and suffered losses, encouraging them to discuss their legal rights and options [1][3]. - The investigation follows a significant drop in BellRing Brands' stock price, which fell nearly 19% after the company announced that certain customers were optimizing their inventories, leading to a slowdown in sales growth to "low-single-digits" for the third quarter of 2025 [6]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with expertise in representing individual and institutional investors in complex litigation across state and federal courts [4].
Snap Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights – SNAP
Globenewswire· 2025-09-18 20:39
Core Viewpoint - The Gross Law Firm is notifying shareholders of Snap Inc. regarding a potential class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined during the reported period [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Snap Inc. provided overly positive statements to investors while concealing material adverse facts about its advertising revenue growth rate, which fell from 9% in Q1 to only 1% in April 2025 [3]. - On August 5, 2025, Snap announced a deceleration in advertising revenue growth, attributing it to issues with its ad platform, the timing of Ramadan, and minor changes [3]. Stock Price Impact - Following the announcement of the financial results on August 5, 2025, Snap's stock price dropped from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [3]. Class Action Details - The class period for the lawsuit is defined as April 29, 2025, to August 5, 2025, with a deadline for shareholders to register for the class action set for October 20, 2025 [4]. - Shareholders who register will receive updates through a portfolio monitoring software regarding the case's status [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].
Charter Communications, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-18 20:38
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Charter Communications, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose material information during a specified class period [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities or options are encouraged to participate [3]. - Shareholders are urged to register for the class action by October 14, 2025, to be eligible for potential recovery [5]. Group 2: Allegations Against Charter Communications - The complaint alleges that Charter failed to manage the impact of the Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [4]. - It is claimed that Charter's operational strategies were inadequate to compensate for the negative effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [4]. - The lawsuit asserts that Charter had no reasonable basis for its positive statements regarding business operations and long-term growth during the class period [4].
AVITA ALERT: Bragar Eagel & Squire, P.C. is Investigating AVITA Medical, Inc. on Behalf of Avita Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-15 21:45
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against AVITA Medical, Inc. for possible violations of federal securities laws and unlawful business practices, particularly related to a significant backlog of unpaid claims affecting the company's financial performance [1][3]. Financial Performance - On August 7, 2025, Avita reported a six-month backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [3]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [3]. - Following the announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [3]. Legal Investigation - The law firm is encouraging investors who suffered losses in Avita to contact them to discuss their legal rights and options [1][4]. - The investigation aims to determine if Avita's actions constituted violations of securities laws, which could have implications for investors [1]. Company Background - AVITA Medical, Inc. is involved in the wound care sector, specifically with its product Recell, which has faced operational challenges due to the backlog of claims [3]. - Bragar Eagel & Squire, P.C. is a recognized law firm that represents investors in complex litigation across various jurisdictions [5].
Snap Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights - SNAP
Prnewswire· 2025-09-11 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Group 1: Allegations and Financial Impact - The complaint alleges that Snap Inc. provided overly positive statements while concealing material adverse facts about its advertising revenue growth rate [1]. - Snap's advertising revenue growth decelerated, attributed to issues with its ad platform and external factors, leading to a significant stock price drop of approximately 17.15% from $9.39 to $7.78 per share in one day [1]. Group 2: Class Action Details - Shareholders who purchased shares of Snap during the class period from April 29, 2025, to August 5, 2025, are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for October 20, 2025 [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle, with no cost or obligation to join [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3].