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monday.com Ltd. (MNDY) Class Action Lawsuit: Investors Face May 11, 2026, Deadline
Prnewswire· 2026-03-21 15:25
Core Viewpoint - A securities fraud class action lawsuit has been filed against monday.com Ltd. for allegedly making materially false and misleading statements regarding its business operations and growth prospects during the specified class period [1][3][6]. Group 1: Lawsuit Details - The class action lawsuit is filed on behalf of investors who purchased monday.com common stock between September 17, 2025, and February 6, 2026 [1][6]. - Investors have until May 11, 2026, to file for lead plaintiff status [1][5][6]. - The lawsuit is filed in the United States District Court for the Southern District of New York, under the case caption Potter v. monday.com Ltd., Case No. 26-cv-01956 (S.D.N.Y.) [1]. Group 2: Allegations - The complaint alleges that defendants made materially false and misleading statements and failed to disclose material facts about the company's business, operations, and prospects [3]. - Specific allegations include: (1) deceleration in new customer growth and weak expansion within existing accounts; (2) inadequacy of monday.com's AI investments as long-term growth drivers; (3) resulting misstatements about the company's business and prospects [3]. Group 3: Stock Performance - On February 9, 2026, monday.com announced a rescission of its $1.8 billion revenue target for 2027 and guided for a significant deceleration in top-line growth for 2026 [4]. - Following this announcement, monday.com's stock price dropped by $20.37, or 20.8%, closing at $77.63 per share [4].
Law Offices of Frank R. Cruz Encourages Hercules Capital, Inc. (HTGC) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-03-21 15:05
Core Viewpoint - A class action lawsuit has been filed against Hercules Capital, Inc. (HTGC) for securities fraud, encouraging shareholders to inquire about their rights and potential recovery of losses incurred during the class period from May 1, 2025, to February 27, 2026 [1][5]. Summary by Sections Lawsuit Announcement - The Law Offices of Frank R. Cruz announced a class action lawsuit on behalf of shareholders who acquired Hercules Capital securities during the specified class period [1]. - Shareholders have until May 19, 2026, to file a lead plaintiff motion [1]. Allegations and Findings - A report published by Hunterbrook Media on February 27, 2026, alleged that Hercules Capital's deal sourcing process was inadequate, relying on external sources like Google Ventures without conducting proper due diligence [3]. - The report indicated that the valuation process at Hercules Capital was flawed, with a small team of only four people managing valuations for numerous companies, leading to insufficient checks and balances [4]. - Allegations also included that Hercules Capital misrepresented its software debt exposure and overstated its portfolio valuations, marking software debt at full value despite significant industry distress [4]. Stock Market Reaction - Following the report's release, Hercules Capital's stock price dropped by $1.22, or 7.9%, closing at $14.21 per share on February 27, 2026, with unusually high trading volume [4]. Lawsuit Details - The class action complaint alleges that the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects, including overstated due diligence in deal sourcing and portfolio valuation [5].
INVESTOR ALERT: Trip.com Group Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law
Prnewswire· 2026-03-21 15:00
Core Viewpoint - Trip.com Group Limited is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and failure to disclose regulatory risks associated with its monopolistic practices [4][5]. Company Overview - Trip.com operates as a travel service provider, offering services such as accommodation reservations, transportation ticketing, packaged tours, in-destination services, and corporate travel management [3]. Allegations - The lawsuit alleges that during the class period from April 30, 2024, to January 13, 2026, Trip.com and its executives made false or misleading statements regarding the company's regulatory risks [4]. - A significant event occurred on January 14, 2026, when Bloomberg reported that China was investigating Trip.com for alleged antitrust conduct, leading to a 19% drop in the company's American Depositary Shares over two trading sessions [5]. Legal Process - Investors who purchased Trip.com securities during the class period have until May 11, 2026, to seek appointment as lead plaintiff in the class action lawsuit [1]. - The lead plaintiff will represent the interests of all class members and can select a law firm to litigate the case [6].
Gartner, Inc. Securities Fraud Class Action Result of Reduced Guidance Disclosure and 48% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Businesswire· 2026-03-21 01:11
Core Viewpoint - Gartner, Inc. is facing a securities fraud class action lawsuit due to failure to disclose material information, leading to a significant stock price decline of 48% during the class period from February 4, 2025, to February 2, 2026 [1][3]. Financial Performance - On August 5, 2025, Gartner reported a decline in overall contract value (CV) growth from 7% in the previous quarter to 5%, and ex-federal CV growth decreased from 8% to 6%. This announcement caused the stock price to drop from $336.71 to $243.93, a decline of approximately 27.55% in one day [4]. - On February 3, 2026, Gartner disclosed a further decline in CV growth by 2% and revealed a significant shortfall in its Consulting segment's performance against internal projections. The stock price fell from $202.40 to $160.16, a nearly 20.87% decline in one day [5]. Legal Proceedings - The class action lawsuit is titled Schmidt v. Gartner, Inc., No. 26-cv-00394, and is pending in the United States District Court for the District of Connecticut [3][6]. - Investors who suffered substantial losses have until May 18, 2026, to file lead plaintiff applications in this lawsuit [1][2].
EOSE INVESTOR ALERT: Eos Energy Enterprises, Inc. Investors with Substantial Losses Have Opportunity to Lead the Eos Energy Class Action Lawsuit
Prnewswire· 2026-03-21 01:05
Core Viewpoint - Eos Energy Enterprises, Inc. is facing a class action lawsuit due to alleged misleading statements and failure to meet production and financial guidance, resulting in significant losses for investors [4][5]. Company Overview - Eos Energy designs, manufactures, and markets zinc-based battery energy storage systems for utility-scale commercial and industrial applications [3]. Allegations of the Lawsuit - The lawsuit claims that Eos Energy made false or misleading statements and failed to disclose critical operational issues, including: - Inability to achieve production ramp-up and capacity utilization as per guidance [4]. - Battery line downtime exceeding industry norms and internal forecasts [4]. - Delays in automated bipolar production quality targets [4]. - Inadequate systems preventing accurate public disclosures [4]. Financial Performance - On February 26, 2026, Eos Energy reported its 2025 financial results, revealing: - Full year revenue of $114.2 million, significantly below the guidance of $150 million to $160 million [5]. - A gross loss of $143.8 million and a net loss attributable to shareholders of $969.6 million [5]. - An adjusted EBITDA loss of $219.1 million [5]. - Capacity milestone achievement was delayed by five weeks [5]. - Following the announcement, Eos Energy's stock price dropped by over 39% [5]. Legal Process - Investors who purchased Eos Energy securities during the class period can seek to be appointed as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [7]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years [7].
Law Offices of Howard G. Smith Encourages Power Solutions International, Inc. (PSIX) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2026-03-21 01:01
Core Viewpoint - A class action lawsuit has been filed against Power Solutions International, Inc. (PSIX) for securities fraud, affecting investors who purchased shares between May 8, 2025, and March 2, 2026, with a deadline for filing a lead plaintiff motion set for May 19, 2026 [1][2]. Financial Performance - On November 6, 2025, Power Solutions reported a gross margin of 23.9% for Q3 2025, a decrease of 5.0% year-over-year, attributed to temporary inefficiencies from an accelerated production ramp-up for key data center product lines [2]. - The company anticipated a sales growth of 45% for the full year 2025, a significant decline from the reported year-over-year growth of 74% in Q2 and 65% in Q3 2025 [2]. - Following the Q3 results, the stock price dropped by $15.55, or 19.14%, closing at $65.69 on November 7, 2025, with unusually high trading volume [3]. Recent Developments - On March 2, 2026, Power Solutions announced its Q4 and full year 2025 financial results, revealing an 8% year-over-year decline in gross margin due to operating inefficiencies related to the production ramp-up for data center products [4]. - The company projected only moderate margin improvement for 2026 and indicated that it was beginning to see measurable improvements in supply chain performance and manufacturing cost structures [4]. - Following this announcement, the stock fell by $24.84, or 28.97%, closing at $60.91 on March 3, 2026, also on unusually heavy trading volume [4]. Allegations in the Lawsuit - The lawsuit alleges that during the class period, the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [6]. - Specific allegations include overstating the company's ability to capture sales demand in the data center market and understating the impact of manufacturing capacity enhancements, including expected costs and related inefficiencies [6].
Law Offices of Howard G. Smith Encourages Hercules Capital, Inc. (HTGC) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-03-21 00:34
Core Viewpoint - A class action lawsuit has been filed against Hercules Capital, Inc. (HTGC) for securities fraud, alleging that the company made materially false statements and failed to disclose adverse facts about its business operations and financial health during the class period from May 1, 2025, to February 27, 2026 [1][5]. Group 1: Allegations and Findings - A report by Hunterbrook Media claims that Hercules Capital's deal sourcing process is inadequate, relying on external sources like Google Ventures instead of conducting thorough due diligence [3]. - The report also highlights concerns regarding the company's valuation process, indicating that a small team with limited checks is responsible for valuations, which may lead to inaccuracies [4]. - Allegations include that Hercules Capital misclassifies its software debt exposure and overstates its portfolio valuations, with significant software debt being marked at full value despite industry-wide distress [4][6]. Group 2: Market Reaction - Following the publication of the report, Hercules Capital's stock price dropped by $1.22, or 7.9%, closing at $14.21 per share on February 27, 2026, with unusually high trading volume [4]. Group 3: Legal Proceedings - Investors who purchased Hercules Capital securities during the class period have until May 19, 2026, to file a lead plaintiff motion in the ongoing class action lawsuit [1].
SLNO SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Soleno Therapeutics, Inc. Investors - Contact Kirby McInerney LLP by May 5, 2026
Globenewswire· 2026-03-21 00:00
Core Viewpoint - The lawsuit against Soleno Therapeutics, Inc. alleges that the company misrepresented safety concerns related to its product DCCR, leading to significant financial losses for investors during the class period from March 26, 2025, to November 4, 2025 [4]. Group 1: Lawsuit Details - The lawsuit claims that Soleno downplayed and concealed safety concerns regarding DCCR, particularly issues related to excess fluid retention in clinical trial participants [4]. - It is alleged that the administration of DCCR posed greater safety risks than disclosed, affecting its commercial viability and leading to undisclosed risks such as patient discontinuation rates and prescriber reluctance [4]. - Investors who suffered losses have until May 5, 2026, to request lead plaintiff appointment, which allows them to oversee the litigation on behalf of the class [2]. Group 2: Impact on Stock Price - Following a report by Scorpion Capital on August 15, 2025, which labeled DCCR as overpriced and potentially unsafe, Soleno's share price fell by $5.73, or approximately 7.41%, from $77.36 to $71.64 [5]. - On September 10, 2025, after a patient death was reported related to DCCR, the stock price dropped by $10.20, or about 14.53%, from $70.21 to $60.01 [6]. - During a quarterly earnings call on November 4, 2025, Soleno disclosed an 8% discontinuation rate for DCCR due to adverse effects, resulting in a significant share price decline of $16.98, or approximately 26.59%, from $63.85 to $46.87 [7].
CWH SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Camping World Holdings, Inc. Investors - Contact Kirby McInerney LLP by May 11, 2026
Globenewswire· 2026-03-21 00:00
Core Viewpoint - The lawsuit against Camping World Holdings, Inc. alleges securities fraud, claiming the company misrepresented its inventory management capabilities and consumer demand, leading to significant financial losses for investors during the class period from April 29, 2025, to February 24, 2026 [4]. Financial Performance - In Q3 2025, Camping World reported new vehicle revenue of $766.8 million, a decrease of $58.1 million or 7.0% compared to the previous year, with an average selling price decrease of 8.6% and a gross margin of 12.7%, down 81 basis points [5]. - The total gross margin for the same quarter was 28.6%, reflecting a slight decrease of 27 basis points, primarily due to the reduced average selling price [5]. - In Q4 2025, the company reported a net loss of $(109.1) million, an increase of $49.6 million or 83.3% from the previous year, with adjusted EBITDA at $(26.2) million, a loss increase of $23.7 million [6]. - The gross profit for Q4 2025 was $338.2 million, down $38.7 million or 10.3%, with total gross margin at 28.8%, a decrease of 247 basis points [6]. Inventory Management and Strategic Decisions - The company implemented strict inventory management objectives to improve turnover rates, which created gross margin headwinds into 2026 [6]. - The new vehicle gross margin was reported at 12.3%, down 291 basis points, while the used vehicle gross margin was 16.0%, down 277 basis points, attributed to increased costs and decreased selling prices [6]. Dividend and Stock Performance - Camping World announced a pause on its quarterly cash dividend due to forecasted tax distributions and a focus on reducing net debt leverage [7]. - Following the announcement of the dividend pause, the stock price fell by $1.79 per share, or approximately 16.5%, from $10.85 to $9.06 [7].
Securities Fraud Investigation Into TruBridge, Inc. (TBRG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2026-03-20 23:33
Core Viewpoint - TruBridge, Inc. is under investigation for potential violations of federal securities laws, which may impact investors who have incurred losses [1] Group 1: Investigation Details - The Law Offices of Frank R. Cruz is leading the investigation on behalf of investors [1] - The investigation was prompted by TruBridge's disclosure on March 16, 2026, indicating it would be unable to meet certain obligations in a timely manner [1]