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RXSIGHT NOTICE: BFA Law Notifies RxSight, Inc. Investors of the Pending Securities Fraud Class Action – Contact BFA Law if You Lost Money (NASDAQ:RXST)
GlobeNewswire News Room· 2025-08-31 10:36
Core Viewpoint - A lawsuit has been filed against RxSight, Inc. and its senior executives for potential violations of federal securities laws, with claims related to undisclosed challenges in product adoption and a significant decline in stock value following revenue forecast cuts [1][2][4][5][6]. Group 1: Company Overview - RxSight, Inc. specializes in manufacturing light adjustable intraocular lenses for cataract surgery, with its primary product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [3]. Group 2: Legal Issues - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, representing investors who purchased RxSight securities [2]. - The complaint highlights that RxSight failed to disclose "adoption challenges" and experienced a slowdown in LAL utilization, first noted in 2024 [4]. Group 3: Stock Performance - On April 3, 2025, RxSight cut its 2025 full-year revenue forecast, leading to a stock price drop of approximately 38%, from $26.12 to $16.21 per share [5]. - Following another revenue forecast cut on July 8, 2025, the stock price fell roughly 38% again, from $12.79 to $7.95 per share [6].
SMLR Investors Have Opportunity to Lead Semler Scientific, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Prnewswire· 2025-08-29 22:01
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Semler Scientific, Inc. securities between March 10, 2021, and April 15, 2025, due to alleged misleading statements and undisclosed investigations by the DOJ [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Semler Scientific failed to disclose a material investigation by the DOJ regarding violations of the False Claims Act, leading to materially false and misleading public statements [5]. - Investors who purchased Semler Scientific securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by October 28, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].
Robbins LLP Encourages SNAP Stockholders with Large Losses to Contact the Firm for Information About the Securities Fraud Class Action Lawsuit Against Snap, Inc.
GlobeNewswire News Room· 2025-08-29 18:51
Core Viewpoint - A class action lawsuit has been filed against Snap Inc. for allegedly misleading investors about its business prospects, particularly regarding advertising revenue and growth expectations during the specified period [1][2]. Allegations - The complaint asserts that Snap's management created a false impression of having reliable information about expected advertising revenue while downplaying macroeconomic instability [2]. - Snap's optimistic reports on advertising growth were misleading, as they were overly reliant on the company's execution capabilities, which were already faltering [2]. Financial Results and Impact - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with its ad platform, the timing of Ramadan, and minor changes [3]. - Following this announcement, Snap's stock price dropped from $9.39 per share to $7.78 per share, marking a decline of over 17% [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Snap Inc. and can contact Robbins LLP for more information [3]. - Individuals interested in serving as lead plaintiffs are encouraged to reach out, although participation in the case is not required for recovery eligibility [3]. About Robbins LLP - Robbins LLP is recognized for its work in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [4].
Deadline Alert: Nutex Health Inc. (NUTX) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-08-29 16:00
Core Viewpoint - Nutex Health Inc. is facing a class action lawsuit due to allegations of misleading statements and fraudulent activities related to its financial reporting and arbitration processes [4]. Group 1: Company Performance and Stock Movements - Nutex's share price surged after it began submitting patient bills to arbitration for out-of-network medical bills, but subsequently fell by $11.18, or 10.1%, closing at $100.01 on July 22, 2025, following reports of a fraudulent scheme involving a third-party vendor [2]. - On August 14, 2025, Nutex announced a delay in filing its quarterly financial statements due to non-cash accounting adjustments, leading to a further decline in shares by $18.22, or 16.4%, closing at $92.91 on August 15, 2025 [3]. Group 2: Allegations in the Lawsuit - The class action lawsuit alleges that Nutex made materially false and misleading statements, failing to disclose that its arbitration results were achieved through a coordinated scheme to defraud insurance companies [4]. - It is claimed that revenues from Nutex's engagement with the third-party vendor were unsustainable and that the company overstated its ability to remediate weaknesses in its internal controls over financial reporting [4]. - The lawsuit also states that Nutex improperly classified stock-based compensation obligations, increasing the risk of failing to file financial reports with the SEC in a timely manner [4]. Group 3: Legal Proceedings - Investors who purchased Nutex securities during the class period (August 8, 2024, to August 14, 2025) have until October 21, 2025, to file a lead plaintiff motion in the class action lawsuit [1][5].
PubMatic, Inc. (PUBM) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-08-29 16:00
Group 1 - The Law Offices of Frank R. Cruz announced that investors who suffered losses related to PubMatic, Inc. have the opportunity to lead a securities fraud class action lawsuit [1] - The lawsuit alleges that between February 27, 2025, and August 11, 2025, PubMatic's management failed to disclose significant information regarding a top DSP buyer shifting clients to a new platform, leading to reduced ad spend and revenue [2] - The complaint claims that the positive statements made by PubMatic's management about the company's business and prospects were materially misleading and lacked a reasonable basis [2] Group 2 - Investors interested in participating in the lawsuit must act before the lead plaintiff deadline of October 20, 2025 [2] - The Law Offices of Frank R. Cruz provides contact information for investors seeking to learn more about the lawsuit or their rights [3] - Potential class members do not need to take any immediate action to be part of the class action and may choose to retain counsel or remain absent [4]
RXST INVESTOR NOTIFICATION: RxSight, Inc. Investors are Urged to Contact BFA Law before the September 22 Class Action Deadline (NASDAQ:RXST)
GlobeNewswire News Room· 2025-08-27 10:46
Core Viewpoint - A lawsuit has been filed against RxSight, Inc. and its senior executives for potential violations of federal securities laws, with claims related to undisclosed challenges in product adoption and a significant decline in stock value following revenue forecast cuts [1][2][4][5][6]. Group 1: Company Overview - RxSight, Inc. specializes in manufacturing light adjustable intraocular lenses for cataract surgery, with its primary product being the Light Adjustable Lens (LAL) that can be customized post-surgery through non-invasive light treatments [3]. Group 2: Legal Proceedings - The lawsuit is filed in the U.S. District Court for the Central District of California, with investors having until September 22, 2025, to seek lead plaintiff status [2]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased RxSight securities [2]. Group 3: Financial Impact - On April 3, 2025, RxSight reduced its 2025 full-year revenue forecast, citing a market softening that began in the second half of 2024, leading to a stock price drop of approximately 38% from $26.12 to $16.21 [5]. - A further revenue forecast cut on July 8, 2025, attributed to slower LAL utilization and adoption challenges, resulted in another 38% decline in stock price from $12.79 to $7.95 [6].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VTLE and SCPH on Behalf of Shareholders
GlobeNewswire News Room· 2025-08-26 14:32
Group 1 - Halper Sadeh LLC is investigating Vital Energy, Inc. for potential violations related to its sale to Crescent Energy Company, where shareholders will receive 1.9062 shares of Crescent Class A common stock for each share of Vital common stock [1] - scPharmaceuticals Inc. is being investigated for its sale to MannKind Corporation, offering shareholders a cash payment of $5.35 per share plus a non-tradable contingent value right (CVR) worth up to $1.00 per CVR upon achieving specific milestones [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
Fiserv, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - FI
Prnewswire· 2025-08-26 12:46
Core Viewpoint - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was promoted as a growth strategy while concealing issues with its older Payeezy platform [2]. - It is alleged that the forced conversion of Payeezy merchants to Clover temporarily inflated Clover's revenue and GPV growth, masking a slowdown in new merchant acquisitions [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service, leading to a significant slowdown in Clover's GPV growth and unsustainable revenue growth [2]. - The lawsuit asserts that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request to be appointed as lead plaintiff in the case [3]. - Participation in the lawsuit does not require individuals to serve as lead plaintiffs, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized 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 James Hardie Industries plc - JHX
Prnewswire· 2025-08-26 02:00
Group 1 - James Hardie Industries plc is under investigation for potential securities fraud and unlawful business practices involving its officers and/or directors [1] - The company reported a 29% decline in first-quarter profit for the period ending June 30, 2025, and projected lower-than-expected earnings for fiscal 2026 due to high borrowing costs [2] - Following the announcement of its financial results, James Hardie's American Depositary Receipt (ADR) price fell by $9.79, or 34.44%, closing at $18.64 per ADR on August 20, 2025 [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Align Technology, Inc. - ALGN
Prnewswire· 2025-08-26 02:00
Core Insights - Align Technology, Inc. is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - The company reported second-quarter 2025 revenues of approximately $1.01 billion, which fell short of both consensus estimates and its own guidance, leading to a significant stock price drop of 36.63% [2] Financial Performance - Align's total revenues for Q2 2025 were approximately $1.01 billion, missing expectations [2] - The company has lowered its third-quarter revenue guidance and full-year growth expectations due to economic uncertainty and reduced demand for its products [2] - Following the earnings announcement, Align's stock price decreased by $74.56 per share, closing at $129.01 on July 31, 2025 [2]