SAN DIEGO, May 27, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Red Cat Holdings, Inc. (NASDAQ: RCAT) securities between March 18, 2022 and January 15, 2025. Red Cat, together with its subsidiaries, provides various products, services, and solutions to the U.S. drone industry. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins ...

Core Viewpoint - Robbins LLP is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - Proficient Auto Logistics, Inc. operates in the auto transportation and logistics services sector in North America [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any breaches of fiduciary duties to shareholders by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for more information regarding their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [3]. - The firm has successfully obtained over $1 billion for shareholders since its inception [3].

Group 1 - A class action has been filed against Krispy Kreme, Inc. for allegedly misleading investors regarding its partnership with McDonald's [1] - The complaint claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial marketing launch, impacting average sales [1] - Krispy Kreme reported a net revenue of $375.2 million for Q1 2025, a decline of 15.3%, and a net loss of $33.4 million compared to a net loss of $6.7 million in the prior year [2] Group 2 - The company announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty around the partnership [2] - Following the financial results announcement, Krispy Kreme's share price fell by nearly 25%, negatively affecting investors [2] - Shareholders interested in participating in the class action must file their papers by July 15, 2025, to serve as lead plaintiff [3]

Core Points - A class action has been filed against Compass Group Diversified Holdings, LLC (NYSE: CODI) on behalf of investors who acquired its securities between May 1, 2024, and May 7, 2025 [1] - The allegations include insufficient disclosure controls and failure to disclose unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to its subsidiary, Lugano Holdings, Inc. [2] - On May 7, 2025, Compass announced the need to restate its financial statements for fiscal 2024 due to identified irregularities in Lugano's financing and accounting practices, leading to a significant drop in stock price [3] Company Information - Compass Group Diversified Holdings, LLC is a statutory trust that manages a portfolio of small and middle-market businesses, including Lugano Holdings, Inc., which specializes in high-end jewelry [1] - The company is currently under investigation for its financial disclosures and practices related to its subsidiary [2][3] Legal Proceedings - Shareholders interested in participating in the class action must file their papers by July 8, 2025, to serve as lead plaintiff [4] - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur fees or expenses [5]

SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Solaris Energy Infrastructure, Inc. (NYSE: SEI) securities between July 9, 2024 and March 17, 2025. Solaris provides equipment used in the completion of oil and natural gas wells in the United States. On July 9, 2024, Solaris announced that it has entered into an agreement to acquire Mobile Energy Rentals LLC (“MER”). For more i ...

SAN DIEGO, May 7, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired West Pharmaceutical Services, Inc. (NYSE: WST) common stock between February 16, 2023 and February 12, 2025. West is a medical supplies company that specializes in the development, manufacture, and distribution of elastomer-based supplies for the containment and administration of injectable drugs.For more information, submit a form, ...

SAN DIEGO, May 6, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Civitas Resources, Inc. (NYSE: CIVI) securities between February 27, 2024 and February 24, 2025. Civitas is an independent exploration and production company focused on the acquisition, development and production of crude oil and liquids-rich natural gas from its assets in the Denver-Julesburg ("DJ") Basin in Colorado and the Permian ...

SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons or entities that purchased or otherwise acquired Ibotta, Inc. (NYSE: IBTA) common stock pursuant and/or traceable to the registration statement and related prospectus issued in connection with Ibotta's April 18, 2024 initial public offering. Ibotta purports to be a technology company that allows consumer packaged goods brands to deliver digital promotions to millions of consume ...

SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Napco Security Technologies, Inc. (NASDAQ: NSSC) securities between February 5, 2024 and February 3, 2025. Napco develops, manufactures, and sells high-tech electronic security devices and provides cellular communication services for intrusion and fire alarm systems. For more information, submit a form, email attorney Aaron Dumas, Jr., or g ...

SAN DIEGO, May 1, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Open Lending Corporation (NASDAQ: LPRO) securities between February 24, 2022 and March 31, 2025. Open Lending is a provider of loan services to automotive lenders.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that Open Lending Co ...