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MLTX INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In MLTX To Contact Him Directly To Discuss Their Options
Prnewswire· 2025-11-03 15:04
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against MoonLake Immunotherapeutics due to allegations of violations of federal securities laws, particularly following disappointing clinical trial results that led to a significant drop in the company's stock price [2][3][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $75,000 in MoonLake between March 10, 2024, and September 29, 2025, to discuss their legal options [1][2]. - A federal securities class action has been filed against MoonLake, with a deadline of December 15, 2025, for investors to seek the role of lead plaintiff [2][5]. Group 2: Allegations Against MoonLake - The complaint alleges that MoonLake and its executives made false or misleading statements regarding the efficacy of their product SLK compared to BIMZELX, including claims about molecular targets and clinical benefits [3]. - Specific allegations include that SLK shares the same molecular targets as BIMZELX and that its unique structure does not provide superior clinical benefits [3]. Group 3: Stock Price Impact - Following the announcement of the Phase 3 VELA program results on September 28, 2025, which indicated that SLK did not demonstrate competitive efficacy relative to BIMZELX, MoonLake's stock price fell by $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [4].
Shareholders who lost money in shares of DexCom, Inc. (NASDAQ: DXCM) Should Contact Wolf Haldenstein Immediately
Globenewswire· 2025-10-31 15:59
Core Viewpoint - A federal securities class action lawsuit has been filed against DexCom, Inc. for alleged violations of federal securities laws, primarily related to misleading statements and undisclosed product issues with its G6 and G7 glucose monitoring devices [1][6]. Key Events - **FDA Warning Letter (March 10, 2025)**: The FDA issued a Warning Letter indicating that DexCom had "adulterated" its G6 and G7 sensors by modifying them without prior approval, leading to inaccuracies and health risks. Following this, the stock dropped by $7.12 (−9.15%) to $70.72 [2]. - **Public Disclosure (March 25-26, 2025)**: The FDA published the Warning Letter on its website, confirming product issues, which caused the stock to fall another $3.19 (−4.24%) to $72.13 [2]. - **Oppenheimer Downgrade (September 8, 2025)**: Oppenheimer downgraded DexCom from "outperform" to "perform" due to rising patient concerns over G7 sensor accuracy, resulting in a stock decline of $2.51 (−3.12%) to $78.00 [2]. - **Hunterbrook Report (September 18, 2025)**: A report titled "DexCom's Fatal Flaws" revealed that G7 devices caused hospitalizations and deaths due to inaccurate readings, leading to a stock plunge of $8.99 (−11.76%) to $67.45 over two sessions [2]. Allegations Against DexCom - DexCom allegedly made material design changes to its G6 and G7 devices without FDA authorization, compromising reliability and posing health risks [6]. - The company is accused of overstating the reliability, accuracy, and functionality of the G7 device while downplaying the severity of the issues [6]. - DexCom faces increased risks of regulatory scrutiny, enforcement actions, and financial harm due to these allegations [6]. Next Steps for Investors - Investors who acquired DexCom securities during the class period (July 26, 2024 – September 17, 2025) may move the Court to be appointed lead plaintiff by December 26, 2025 [3].
ATYR INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of aTyr Pharma
Prnewswire· 2025-10-23 17:28
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against aTyr Pharma, Inc. due to allegations of violations of federal securities laws related to misleading statements about the efficacy of its drug Efzofitimod, which led to inflated stock prices [3][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in aTyr between January 16, 2025, and September 12, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against aTyr, with a deadline of December 8, 2025, for investors to seek the role of lead plaintiff [1][5]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [2]. Group 2: Allegations Against aTyr - The complaint alleges that aTyr and its executives made false and misleading statements regarding the drug Efzofitimod, particularly about its ability to allow patients to taper off steroid usage [3]. - In the EFZO-FIT study, efzofitimod showed no significant change in mean daily oral corticosteroid dose at week 48, with a reduction of 2.79 mg for the drug compared to 3.52 mg for placebo [4]. - Following the release of the study results, aTyr's stock price plummeted by 83.25%, dropping from $6.03 on September 12 to $1.01 on September 15 [4].
PUBMATIC FINAL DEADLINE ALERT: Bragar Eagel & Squire, P.C. Urges PubMatic Investors to Contact the Firm Before October 20th Deadline in the Filed Class Action Lawsuit
Globenewswire· 2025-10-20 14:13
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for allegedly making materially false and misleading statements regarding its business operations and financial outlook during the Class Period from February 27, 2025, to August 11, 2025 [6]. Allegation Details - The lawsuit claims that PubMatic failed to disclose significant adverse facts, including a top Demand-Side Platform (DSP) buyer shifting clients to a new platform, resulting in reduced ad spend and revenue for PubMatic [6]. - The complaint highlights that the positive statements made by PubMatic regarding its business were misleading and lacked a reasonable basis due to these undisclosed issues [6]. Financial Impact - Following the release of its second quarter 2025 financial report on August 11, 2025, which revealed a reduction in ad spend from a top DSP partner, PubMatic's stock price dropped by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [6].
MOH COURT ALERT: Did Molina Healthcare, Inc. Mislead Investors? Contact BFA Law by December 2 if You Suffered Losses on Your Investment
Globenewswire· 2025-10-16 12:17
Core Viewpoint - A lawsuit has been filed against Molina Healthcare, Inc. and its senior executives for potential violations of federal securities laws, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][2]. Group 1: Lawsuit Details - Investors have until December 2, 2025, to request to lead the case, which is pending in the U.S. District Court for the Central District of California [2]. - The lawsuit is titled Hindlemann v. Molina Healthcare, Inc., et al., No. 25-cv-9461 [2]. Group 2: Company Background - Molina Healthcare is a health insurance company that provides managed healthcare services to low-income individuals under Medicaid and Medicare programs [3]. - The company previously claimed a "solid" earnings growth profile heading into 2025 and stated it was able to mitigate healthcare cost inflation [3]. Group 3: Financial Performance and Stock Impact - On July 7, 2025, Molina reported Q2 2025 adjusted earnings of approximately $5.50 per share, which was below prior expectations due to medical cost pressures across all business lines [4]. - The company cut its guidance for expected adjusted earnings per share by 10.2%, revising it to a range of $21.50 to $22.50 per share [4]. - Following further revelations on July 23, 2025, regarding a challenging medical cost trend environment, Molina's stock price fell by $32.03 per share, or 16.8%, from $190.25 to $158.22 [4].
J.M. SMUCKER REMINDER: Bragar Eagel & Squire, P.C. Reminds Smucker Investors to Contact the Firm Regarding the Ongoing Investigation on Behalf of Stockholders
Globenewswire· 2025-10-15 21:09
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against J.M. Smucker Company for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on the financial performance and business practices of Smucker, particularly following significant impairment charges and disappointing sales results in its Sweet Baked Snacks segment [6]. Financial Performance - On November 7, 2023, Smucker completed the acquisition of Hostess Brands for approximately $5.5 billion, with $2.4 billion recorded as goodwill in the Sweet Baked Snacks segment [6]. - On February 27, 2025, Smucker reported a Q3 2025 net sales decrease of 8% in Sweet Baked Snacks, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [6]. - On June 10, 2025, the company announced a Q4 2025 net sales decrease of 14% in Sweet Baked Snacks, with an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [6]. - Following these announcements, Smucker's share price fell by $17.44, or approximately 15.59%, closing at $94.41 per share on June 10, 2025 [6].
SAVARA DEADLINE REMINDER: Bragar Eagel & Squire, P.C. Reminds Savara Investors to Contact the Firm Before the November 7th Deadline
Globenewswire· 2025-10-14 16:14
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Savara (SVRA) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Savara between March 7, 2024 and May 23, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar E ...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Charter Communications
Prnewswire· 2025-10-10 23:50
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to alleged violations of federal securities laws, particularly related to misleading statements about the company's performance and the impact of the Affordable Connectivity Program (ACP) ending [1][3]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Charter between July 26, 2024, and July 24, 2025, to discuss their legal options [1]. - The firm has set an October 13, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Charter [1]. Allegations Against Charter - The complaint alleges that Charter and its executives made false or misleading statements and failed to disclose significant impacts from the end of the ACP, which affected internet customer declines and revenue [3]. - Specific claims include that Charter was unable to manage the impact of the ACP ending, leading to greater risks on business plans and earnings growth than reported [3]. Financial Performance - On July 25, 2025, Charter reported a decline of 117,000 internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, after adjusting for the ACP's impact [4]. - The company's total video customers also decreased by 80,000, resulting in a stock price drop of $70.25 per share, or 18.5%, closing at $309.75 on the same day [4]. Class Action Details - The lead plaintiff in a class action is defined as the investor with the largest financial interest who is typical of class members and oversees the litigation [5]. - Any member of the putative class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [5]. Contact Information - For more information regarding the class action against Charter, interested parties can visit the Faruqi & Faruqi website or contact partner Josh Wilson directly [6].
SNAP INC REMINDER: Bragar Eagel & Squire, P.C. Urges Snap, Inc. Investors to Contact the Firm Before the October 20th Deadline
Globenewswire· 2025-10-10 18:27
Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors who purchased shares between April 29, 2025, and August 5, 2025 [7]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements about the company's performance while concealing material adverse facts about its advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April 2025 [7]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with its ad platform and external factors like the timing of Ramadan [7]. Stock Price Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in just one day [7].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of aTyr Pharma
Globenewswire· 2025-10-10 17:51
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In aTyr To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in aTyr between January 16, 2025 and September 12, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Faruqi & ...