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FRMI ANNOUNCEMENT: Fermi Inc. Sued for Securities Fraud after Customer Agreement Cancellation Leads to 33% Stock Drop, Investors Notified to Contact BFA Law
TMX Newsfile· 2026-01-17 12:07
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit claims securities fraud under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is currently pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI workloads [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI operations [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - Following the announcement that the First Tenant terminated the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 on December 12, 2025 [7].
CLASS ACTION NOTICE: Berger Montague Advises Fermi Inc. (FRMI) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-16 15:46
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. by Berger Montague PC on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025, including its IPO on October 1, 2025 [1] Company Overview - Fermi Inc., based in Amarillo, Texas, aims to establish a network of large, grid-independent data centers powered by nuclear, natural gas, solar, and battery energy [3] - The company's flagship initiative, "Project Matador," is designed to create the world's largest private energy campus, providing dedicated power for AI data centers [3] Lawsuit Details - The lawsuit claims that investors became aware of Fermi's true prospects on December 12, 2025, when the company disclosed that the first tenant for the Project Matador AI campus had terminated a $150 million Advance in Aid of Construction Agreement, which was intended to cover construction costs [4] - Following this announcement, Fermi's stock price dropped by $5.16 per share, nearly 34%, closing at $10.09 per share on December 12, 2025 [4]
ITGR CLASS REMINDER: Integer Holdings Corporation Class Action Deadline February 9 – Investors Notified to Contact BFA Law to Protect Your Rights
Globenewswire· 2026-01-16 13:43
Core Viewpoint - A class action lawsuit has been filed against Integer Holdings Corporation and its senior executives for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled West Palm Beach Firefighters' Pension Fund v. Integer Holdings Corporation, et al., No. 1:25-cv-10251 [3]. - Investors have until February 9, 2026, to request to be appointed to lead the case [3]. Group 2: Company Performance and Allegations - Integer designs and manufactures cardiac rhythm management and cardiovascular products, including electrophysiology devices [4]. - The company allegedly overstated demand for its electrophysiology devices while public assurances contradicted the actual decline in demand and revenue [5]. - On October 23, 2025, Integer lowered its 2025 sales guidance to between $1.840 billion and $1.854 billion, down from a previous range of $1.850 billion to $1.876 billion, which was below analysts' expectations [6]. - Integer also projected poor net sales growth of -2% to 2% and organic sales growth of 0% to 4% for 2026, admitting that two of its EP devices had slower than expected adoption [6]. Group 3: Stock Impact - Following the announcement of lowered sales guidance, Integer's stock price dropped by $35.22 per share, a decline of over 32%, from $109.11 per share on October 22, 2025, to $73.89 per share on October 23, 2025 [6].
FRMI CLASS REMINDER: Fermi Inc. Class Action Deadline March 6 – Investors Notified to Contact BFA Law to Protect Your Rights
Globenewswire· 2026-01-16 13:34
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - Following the announcement of the First Tenant's termination of the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 on December 12, 2025 [7].
BRBR CLASS REMINDER: BellRing Brands Securities Fraud Investigation is Ongoing – Investors Notified to Contact BFA Law to Protect Your Rights
Globenewswire· 2026-01-16 13:22
Core Insights - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws, as announced by Bleichmar Fonti & Auld LLP [1] Group 1: Company Overview - BellRing Brands operates in the convenient nutrition category, with primary brands including Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powders [2] - The company reported that Premier Protein achieved an all-time high in household penetration and strong demand during the relevant period, attributing growth to distribution expansion and promotional activity [2] Group 2: Sales Growth Concerns - There are concerns that the sales growth may have been artificially inflated due to temporary trade inventory loading at key retailers rather than sustainable consumer demand [2] Group 3: Stock Performance - On May 5, 2025, BellRing disclosed that several key retailers reduced their weeks of supply, which would negatively impact Q3 2025 growth, leading to a stock price decline of $14.88 per share, or 19%, from $78.43 to $63.55 on May 6, 2025 [3] - Following disappointing quarterly consumption results for Premier Protein RTD Shakes on August 4, 2025, the stock fell by $17.46 per share, nearly 33%, from $53.64 to $36.18 on August 5, 2025 [4]
Alexandria Real Estate Equities, Inc. Investors are Notified of the Upcoming January 26 Securities Fraud Class Action Deadline and are Notified to Contact BFA Law
TMX Newsfile· 2026-01-15 20:48
Core Viewpoint - A class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Central District of California, captioned Hern v. Alexandria Real Estate Equities, Inc., et al., No. 2:25-cv-11319 [3]. - Investors have until January 26, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Alexandria Real Estate is a real estate investment trust focused on tenants in life science industries, including pharmaceutical and biotechnology companies [4]. Group 3: Financial Performance and Stock Impact - Alexandria Real Estate reported lower-than-expected results for Q3 2025, leading to a stock price drop of $14.93 per share, or over 19%, from $77.87 to $62.94 on October 27-28, 2025 [6]. - The company announced a real estate impairment charge of $323.9 million, with $206 million attributed to its Long Island City property, which was deemed not suitable for life science scaling [5][6].
Fermi Inc. Investors are Notified of the Upcoming March 6 Securities Fraud Class Action Deadline and are Notified to Contact BFA Law
TMX Newsfile· 2026-01-15 20:48
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drop attributed to potential violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI workloads [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].
Law Offices of Howard G. Smith Encourages CoreWeave, Inc. (CRWV) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-01-15 18:30
Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. for allegedly misleading investors regarding its business operations and financial prospects during the class period from March 28, 2025, to December 15, 2025 [1] Company Developments - On July 7, 2025, CoreWeave announced an agreement to acquire Core Scientific to enhance operational efficiency and support future expansion [3] - The merger was terminated on October 30, 2025, after Core Scientific failed to secure enough shareholder votes for approval [3] - Following the merger news, CoreWeave's stock price dropped by $8.87, or 6.3%, closing at $131.06 per share [4] - On November 10, 2025, CoreWeave lowered its revenue guidance for 2025 due to delays from a third-party data center developer [4] - The CEO later revealed that multiple data centers were affected by the delays, not just a single one [4] - On November 11, 2025, the stock price fell by $17.22, or 16.3%, closing at $88.39 per share [5] - On December 15, 2025, it was reported that Core Scientific was the partner behind the delayed data centers, which had been flagged for delays nine months prior [5] - Following this news, CoreWeave's stock price fell by $2.85, or 3.9%, closing at $69.50 per share [6] Allegations in the Lawsuit - The lawsuit alleges that CoreWeave made materially false and misleading statements and failed to disclose adverse facts about its business and operations [7] - Specific allegations include overstating the company's ability to meet customer demand and understating the risks associated with reliance on a single third-party data center supplier [7] - The lawsuit claims that these misrepresentations were likely to have a material negative impact on the company's revenue and that positive statements made by the company lacked a reasonable basis [7]
AVO Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Mission Produce, Inc. is Fair to Shareholders
Businesswire· 2026-01-15 18:18
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between Mission Produce, Inc. and Calavo Growers, Inc. for Mission shareholders, who are expected to own approximately 80.3% of the combined company upon completion of the transaction [1]. Group 1 - The investigation focuses on whether Mission and its board violated federal securities laws and/or breached fiduciary duties by failing to obtain the best possible consideration for shareholders and not disclosing all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [4]. - The firm operates on a contingent fee basis, meaning shareholders would not be responsible for out-of-pocket legal fees or expenses [4]. Group 2 - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [5].
Law Offices of Frank R. Cruz Encourages CoreWeave, Inc. (CRWV) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-01-15 17:06
Core Points - A class action lawsuit has been filed on behalf of shareholders who purchased CoreWeave, Inc. securities between March 28, 2025, and December 15, 2025, with a deadline for lead plaintiff motion by March 13, 2026 [1] - The lawsuit alleges that CoreWeave made materially false and misleading statements regarding its business operations and prospects, particularly concerning its reliance on a single third-party data center supplier [7] Company Events - On July 7, 2025, CoreWeave announced an agreement to acquire Core Scientific to enhance operational efficiency, but the merger was terminated on October 30, 2025, due to insufficient shareholder votes [3] - Following the termination of the merger, CoreWeave's stock price fell by $8.87, or 6.3%, closing at $131.06 per share on October 30, 2025 [4] - On November 10, 2025, CoreWeave lowered its revenue guidance for 2025 due to delays from a third-party data center developer, which was revealed to affect multiple data centers [4] - The stock price dropped further by $17.22, or 16.3%, closing at $88.39 per share on November 11, 2025 [5] - On December 15, 2025, it was reported that Core Scientific was the partner behind the delayed data centers, leading to another stock price decline of $2.85, or 3.9%, closing at $69.50 per share on December 16, 2025 [6]