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Kuehn Law Encourages Investors of Neogen Corporation to Contact Law Firm
Prnewswire· 2025-10-28 17:39
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Neogen Corporation related to misrepresentation of the 3M integration status and undisclosed negative impacts on financial health [1]. Group 1 - Kuehn Law is specifically looking into allegations that insiders at Neogen misrepresented the status of the 3M integration [1]. - The investigation is based on a federal securities lawsuit that claims the failure to disclose integration issues has negatively affected Neogen's financial health [1]. Group 2 - Shareholders who purchased NEOG shares prior to January 5, 2023, are encouraged to contact Kuehn Law for potential legal action [2]. - Kuehn Law covers all case costs and does not charge its investor clients, emphasizing the importance of timely action for shareholders [2]. Group 3 - The firm highlights the significance of shareholder participation in maintaining the integrity and fairness of financial markets [3]. - Kuehn Law promotes the idea that every shareholder's voice contributes to their investment future [3].
Shareholder Alert: The Ademi Firm investigates whether Cadence Bank is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-27 15:11
Core Insights - The Ademi Firm is investigating Cadence for potential breaches of fiduciary duty and other legal violations related to its transaction with Huntington Bancshares [1][3] - Cadence shareholders will receive 2.475 shares of Huntington common stock for each share of Cadence, implying a value of $39.77 per Cadence share based on Huntington's closing price of $16.07 on October 24, 2025 [2] - The transaction agreement restricts competing offers for Cadence by imposing significant penalties for accepting alternative bids, raising concerns about the Cadence board's fiduciary responsibilities [3] Company and Industry Summary - The investigation by the Ademi Firm focuses on the conduct of Cadence's board of directors in relation to their fiduciary duties to shareholders amidst the transaction with Huntington Bancshares [1][3] - The deal structure suggests that Cadence insiders will continue to receive substantial benefits as part of the change of control arrangements [2]
Shareholder Alert: The Ademi Firm investigates whether Essential Utilities, Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-27 14:23
Core Insights - The Ademi Firm is investigating Essential (NYSE: WTRG) for potential breaches of fiduciary duty and other legal violations related to its transaction with American Water Works Company, Inc. [1] - Essential shareholders will receive 0.305 shares of American Water for each share of Essential they own, resulting in American Water shareholders owning approximately 69% and Essential shareholders owning about 31% of the combined company on a fully diluted basis [2]. - The transaction agreement imposes significant penalties on Essential for accepting competing bids, raising concerns about the conduct of the Essential board of directors and their fiduciary duties to all shareholders [3].
TUESDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - DOW
Prnewswire· 2025-10-26 15:05
Core Viewpoint - The article discusses a class action lawsuit against Dow Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding the company's financial health and ability to manage macroeconomic challenges during the specified class period from January 30, 2025, to July 23, 2025 [1][4]. Group 1: Allegations and Financial Performance - The lawsuit claims that Dow overstated its ability to handle macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends [4]. - It is alleged that the true impact of competitive pressures, declining global sales, and product oversupply on Dow's business was understated [4]. - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00, which led to a stock price drop of over 3% [5]. - Dow reported a non-GAAP loss per share of $0.42 for Q2 2025, significantly worse than the expected loss of approximately $0.17 to $0.18, with net sales of $10.1 billion, a 7.3% year-over-year decline [6]. - Following the disappointing Q2 results, Dow's stock price fell by more than 17%, and the company announced a dividend cut from $0.70 to $0.35 per share [6]. Group 2: Legal Process and Representation - Investors who purchased Dow securities during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [7]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [7]. Group 3: About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8]. - The firm has been recognized for obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [9].
Shareholder Alert: The Ademi Firm investigates whether Veritex Holdings, Inc. is obtained a Fair Price for its Public Shareholders
Prnewswire· 2025-10-21 07:35
Core Viewpoint - The Ademi Firm is investigating Veritex for potential breaches of fiduciary duty and other legal violations related to its transaction with Huntington, particularly focusing on the treatment of shareholders and the conduct of the Veritex board [1][2]. Group 1: Transaction Details - In the completed transaction, Veritex shareholders received 1.95 shares for each outstanding share of Veritex [2]. - Veritex insiders benefited significantly from change of control arrangements as part of the transaction [2]. Group 2: Investigation Focus - The transaction agreement allegedly unreasonably limited competing offers for Veritex, raising concerns about the fairness of the deal [2]. - The investigation will assess whether the Veritex board fulfilled its fiduciary duties to all shareholders, considering potential misrepresentations and omissions in the transaction documents [2].
Shareholder Alert: The Ademi Firm investigates whether Hillenbrand Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-15 16:30
Core Viewpoint - The Ademi Firm is investigating Hillenbrand for potential breaches of fiduciary duty and other legal violations related to its transaction with Lone Star Funds, which involves a significant financial arrangement for shareholders [1][3]. Group 1: Transaction Details - Hillenbrand shareholders will receive $32.00 per share, leading to an enterprise value of approximately $3.8 billion [2]. - The transaction agreement includes provisions that significantly limit competing offers for Hillenbrand, imposing penalties if a competing bid is accepted [3]. Group 2: Investigation Focus - The investigation is centered on the conduct of Hillenbrand's board of directors to determine if they are fulfilling their fiduciary duties to all shareholders [3].
FLR INVESTOR NOTICE: Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit – RGRD LLP
Globenewswire· 2025-10-14 22:43
Core Viewpoint - Fluor Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Maglione v. Fluor Corporation, allows purchasers of Fluor securities from February 18, 2025, to July 31, 2025, to seek lead plaintiff status by November 14, 2025 [1]. - The lawsuit alleges that Fluor's costs for major infrastructure projects, including the Gordie Howe International Bridge and Texas highways, were increasing due to subcontractor errors, price hikes, and scheduling delays [2][3]. Group 2: Financial Impact - Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which is a 5.9% year-over-year decline and $570 million below expectations [4]. - Following the disappointing earnings report, Fluor's stock price dropped by over 27%, attributed to rising costs and reduced capital spending from clients [4]. Group 3: Allegations of Misleading Information - The lawsuit claims that Fluor's financial guidance for fiscal year 2025 was unrealistic and that the company overstated the effectiveness of its risk mitigation strategies while understating the impact of economic uncertainty on its business [3].
Shareholder Alert: The Ademi Firm investigates whether Astria Therapeutics Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-14 15:25
Core Viewpoint - The Ademi Firm is investigating Astria for potential breaches of fiduciary duty related to its transaction with BioCryst, which may not be in the best interest of all shareholders [1][3]. Group 1: Transaction Details - Shareholders of Astria will receive $13.00 per share, consisting of $8.55 in cash and 0.59 shares of BioCryst common stock, indicating an enterprise value of approximately $700 million and an aggregate equity value of $920 million [2]. - The transaction agreement includes provisions that significantly limit competing offers for Astria, imposing a substantial penalty if a competing bid is accepted [3]. Group 2: Investigation Focus - The investigation is centered on the conduct of the Astria board of directors to determine if they are fulfilling their fiduciary duties to all shareholders amidst the transaction with BioCryst [3].
INVESTOR DEADLINE TOMORROW: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - KLC
Prnewswire· 2025-10-13 09:00
Core Viewpoint - The KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading information regarding child care quality and incidents of abuse at its facilities [1][4]. Group 1: IPO Details - KinderCare sold over 27 million shares at $24 per share during its IPO, raising a total of $648 million in gross proceeds [3]. - Following the IPO, KinderCare's stock price has significantly declined to lows near $9 per share [5]. Group 2: Allegations in the Lawsuit - The lawsuit claims that the registration statement for the IPO was false and misleading, failing to disclose numerous incidents of child abuse and neglect at KinderCare facilities [4]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic standards in the child care industry, exposing the company to undisclosed risks of lawsuits and reputational damage [4]. Group 3: Legal Process - Investors who purchased KinderCare common stock in or traceable to the IPO have until October 14, 2025, to seek appointment as lead plaintiff in the class action lawsuit [1][6]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has a strong track record in securing monetary relief for investors, being ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [7].
WPP INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that WPP plc Investors with Substantial Losses Have Opportunity to Lead the WPP Class Action Lawsuit
Globenewswire· 2025-10-10 16:49
Core Viewpoint - The WPP class action lawsuit alleges that WPP plc and its executives misled investors regarding the company's revenue outlook and growth potential during the Class Period, ultimately leading to significant stock price declines following disappointing performance updates [3][4]. Group 1: Lawsuit Details - The class action lawsuit seeks to represent purchasers of WPP plc common stock from February 27, 2025, to July 8, 2025, inclusive [1]. - The lawsuit is titled Marty v. WPP plc and is filed in the Southern District of New York [1]. - Allegations include creating a false impression of reliable revenue projections while downplaying risks associated with seasonality and macroeconomic factors [3]. Group 2: Performance Issues - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing it to macroeconomic uncertainties and weaker new business than expected [4]. - The company also announced the retirement of CEO Mark Read effective December 31, 2025, which contributed to an over 18% drop in WPP's stock price on the same day [4]. Group 3: Legal Process - Investors who purchased WPP common stock during the Class Period can seek to be appointed as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class actions for four out of the last five years [6].