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Contact Levi & Korsinsky by November 3, 2025 Deadline to Join Class Action Against Tronox Holdings plc(TROX)
Prnewswire· 2025-09-16 12:45
Core Viewpoint - Tronox Holdings plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 12, 2025, and July 30, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and forecasting processes, which ultimately led to declining sales and increased costs [2]. - On July 30, 2025, Tronox reported a significant reduction in TiO2 sales for the second quarter, attributing the decline to a softer coatings season and heightened competition, which resulted in a lowered financial outlook and a 60% reduction in dividends [2]. - Following the announcement, Tronox's stock price plummeted from $5.14 to $3.19 per share, marking a decline of approximately 38% in just one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
X @Cointelegraph
Cointelegraph· 2025-09-10 06:00
🇺🇸 JUST IN: The SEC launches crackdown on US firms allegedly connected to Chinese pump-and-dump schemes, targeting professional services that enable cross-border securities fraud, FT reports. https://t.co/RTDCi8z1Wp ...
CS Disco, Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-08-15 21:04
Core Viewpoint - The Portnoy Law Firm is investigating potential securities fraud claims against CS Disco, Inc. and may file a class action on behalf of investors who suffered losses [1][3]. Group 1: Investigation Details - The investigation is initiated following a class action complaint filed on September 19, 2023, covering the period from July 21, 2021, to August 11, 2022 [3]. - The investigation focuses on whether the board of directors of CS Disco breached their fiduciary duties to the company [3]. Group 2: Allegations of Misrepresentation - The complaint alleges that CS Disco highlighted strong revenue growth from its cloud-based electronic discovery platform but failed to disclose significant headwinds that could impact growth [4]. - It is claimed that the company acknowledged its rapid revenue growth was "usage driven" and potentially volatile, yet did not inform investors of any risks [4]. Group 3: Impact of Financial Results - The truth began to emerge on August 11, 2022, when CS Disco reported second-quarter 2022 financial results that fell short of expectations, revealing a significant slowdown in revenue growth [5]. - Following this news, CS Disco's stock price dropped approximately 53% on August 12, 2022, on heavy trading volume [5].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. - TSLA
Prnewswire· 2025-06-27 19:46
Core Viewpoint - Tesla is under investigation for potential securities fraud and unlawful business practices following the launch of its robotaxi service and subsequent reports of erratic driving behavior by the vehicles [1][2]. Group 1: Investigation and Legal Context - Pomerantz LLP is investigating claims on behalf of Tesla investors regarding possible securities fraud or unlawful business practices by the company and its officers [1]. - The investigation was prompted by the U.S. National Highway Traffic Safety Administration contacting Tesla after reports of robotaxis driving erratically and violating traffic laws [2]. Group 2: Impact on Stock and Investor Sentiment - Following the news of the NHTSA investigation, Tesla's stock price experienced a significant decline, negatively affecting investors [2].
Investors who lost money on Strategy Incorporated(MSTR) should contact Levi & Korsinsky about pending Class Action - MSTR
Prnewswire· 2025-06-06 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Strategy Incorporated, alleging securities fraud that affected investors between April 30, 2024, and April 4, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements regarding the profitability of the Company's bitcoin-focused investment strategy and treasury operations, overstating anticipated profitability [2]. - It is alleged that the risks associated with bitcoin's volatility and potential losses from digital assets were understated, leading to materially false and misleading public statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until July 15, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Investors in Zynex, Inc. Should Contact Levi & Korsinsky Before May 19, 2025 to Discuss Your Rights – ZYXI
GlobeNewswire News Room· 2025-05-16 17:18
Core Viewpoint - A class action securities lawsuit has been filed against Zynex, Inc. alleging securities fraud that affected investors between March 13, 2023, and March 11, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Zynex shipped products, including electrodes, in excess of need, leading to inflated revenue [2]. - It is alleged that the company's practice of filing false claims attracted scrutiny from insurers, including the U.S. military health insurance program, Tricare [2]. - The lawsuit suggests that Zynex is likely to face adverse consequences, such as removal from insurer networks and penalties from the federal government [2]. - Defendants' positive statements regarding the company's business, operations, and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses in Zynex, Inc. during the relevant time frame have until May 19, 2025, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation. - PSN
Prnewswire· 2025-03-03 18:45
Core Viewpoint - Parsons Corporation is under investigation for potential securities fraud and unlawful business practices following disappointing financial results for Q4 2024, which led to a significant drop in stock price [1][2]. Financial Performance - On February 19, 2025, Parsons reported Q4 2024 financial results that fell short of prior guidance for both revenue and EBITDA [2]. - The adjusted EBITDA growth for the quarter was negatively impacted by $29 million due to adjustments on two programs [2]. - Following the announcement, Parsons' stock price decreased by $8.42 per share, or 11.46%, closing at $65.08 per share [2]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of investors regarding potential securities fraud or other unlawful business practices by Parsons and its officers and/or directors [1]. - The firm is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud [3].