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INVESTOR ALERT: Richtech Robotics Inc. Investors with Substantial Losses Have Opportunity to Lead the Richtech Robotics Class Action Lawsuit – RGRD Law
Globenewswire· 2026-02-14 17:30
Core Viewpoint - Richtech Robotics Inc. is facing a class action lawsuit for allegedly misleading investors about its relationship with Microsoft, which has resulted in significant stock price declines [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit against Richtech Robotics is titled Diez v. Richtech Robotics Inc., and it allows investors who purchased securities between January 27, 2026, and January 29, 2026, to seek lead plaintiff status by April 3, 2026 [1]. - The lawsuit alleges that Richtech Robotics falsely claimed a commercial relationship with Microsoft during the class period [3]. - Following the publication of an article by Hunterbrook Media on January 29, 2026, which denied any partnership with Microsoft, Richtech Robotics' Class B stock price fell by over 29% within two trading days [4]. Group 2: Company Background - Richtech Robotics specializes in developing, manufacturing, deploying, and selling robotic solutions for automation in the service industry [2]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [6].
$BRBR Shareholder Reminder: BFA Law Notifies BellRing Brands, Inc. Investors of its Pending Securities Fraud Class Action and Imminent March 23 Legal Deadline
TMX Newsfile· 2026-02-14 11:47
Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and certain senior executives for securities fraud, following a significant drop in stock price attributed to potential violations of federal securities laws [1][3]. Company Overview - BellRing Brands, Inc. develops, markets, and sells "convenient nutrition" products, primarily known for its ready-to-drink protein shakes under the Premier Protein brand [4]. Allegations of Securities Fraud - The lawsuit claims that BellRing misrepresented sales growth as being driven by increased consumer demand, attributing it to "organic growth" and "strong macro tailwinds," while downplaying competitive pressures [4]. - It is alleged that the actual sales were inflated due to key customers stockpiling inventory, rather than reflecting genuine demand or brand momentum [4]. Stock Price Impact - On May 6, 2025, BellRing's stock dropped by $14.88 per share (19%), from $78.43 to $63.55, after the CFO indicated that several key retailers had reduced their inventory levels, leading to a forecast of low single-digit sales growth for Q3 [5]. - Following the Q3 2025 financial results announcement on August 4, 2025, which included a narrowed fiscal year outlook, the stock fell by $17.46 per share (nearly 33%), from $53.64 to $36.18 on August 5, 2025 [6][7]. Legal Proceedings - Investors have until March 23, 2026, to request to be appointed to lead the class action case, which is currently pending in the U.S. District Court for the Southern District of New York [3].
$PLUG Shareholder Reminder: BFA Law Notifies Plug Power Inc. Investors of the Pending Securities Fraud Class Action and Imminent April 3 Legal Deadline
TMX Newsfile· 2026-02-14 11:47
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Plug Power provides hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets and develops infrastructure such as hydrogen production plants [4]. Legal Proceedings - Investors have until April 3, 2026, to request to lead the case in the U.S. District Court for the Northern District of New York, under the case caption Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. Allegations - The lawsuit claims that Plug Power materially overstated the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance the construction of hydrogen production facilities [4]. Stock Performance - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the announcement of the abrupt departure of its CEO and President [5]. - On November 10, 2025, the stock fell by $0.09 per share (3.4%) after the company suspended activities under the DOE loan program [6]. - A further drop occurred on November 14, 2025, when the stock decreased by $0.48 per share (17.6%) after reports confirmed the suspension of plans to construct hydrogen production facilities, jeopardizing the $1.66 billion DOE loan [7].
$KD Shareholder Reminder: BFA Law Notifies Kyndryl Holdings, Inc. Investors of the Pending Securities Fraud Class Action Lawsuit over Accounting Issues
TMX Newsfile· 2026-02-14 11:46
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries. It is recognized as the world's largest IT infrastructure services provider [4]. Allegations and Financial Mismanagement - The lawsuit alleges that Kyndryl misrepresented its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. Stock Performance and Impact - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, which led to the immediate departures of its CFO and General Counsel. This announcement resulted in a stock price drop of $12.90 per share, or 55%, from $23.49 on February 8, 2026, to $10.59 on February 9, 2026 [6][7].
$ARDT Shareholder Reminder: BFA Law Notifies Ardent Health, Inc. Investors of its Pending Securities Fraud Class Action and Imminent March 9 Legal Deadline
TMX Newsfile· 2026-02-14 11:46
Core Viewpoint - A class action lawsuit has been filed against Ardent Health, Inc. and its senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Company Overview - Ardent Health, Inc. operates acute care hospitals and other healthcare facilities, with a focus on the collection of accounts receivable [4]. Allegations of Fraud - The lawsuit claims that Ardent Health misrepresented its process for determining the collectability of accounts receivable, stating it relied on "detailed reviews of historical collections," while in reality, it used a "180-day cliff" method to reserve accounts, leading to inflated receivable reports [4]. Stock Performance Impact - On November 12, 2025, Ardent Health disclosed a $43 million revenue decrease for the quarter and increased its professional liability reserves by $54 million, resulting in a stock price drop of $4.75 per share, or over 33%, from $14.05 to $9.30 [5]. Legal Proceedings - Investors have until March 9, 2026, to request to lead the case in the U.S. District Court for the Middle District of Tennessee, under the case caption Postiwala v. Ardent Health, Inc., et al. [3].
$ORCL Shareholder Alert: BFA Law Notifies Oracle Corporation Investors of the Pending Securities Fraud Class Action and Imminent April 6 Legal Deadline
TMX Newsfile· 2026-02-14 11:18
Core Viewpoint - A class action lawsuit has been filed against Oracle Corporation and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Oracle Corporation specializes in database software, enterprise applications, and cloud infrastructure and hardware, with a recent strategic shift towards cloud computing and AI infrastructure [4]. Allegations of Misleading Information - Oracle allegedly misled investors regarding its capital expenditures (CapEx) for AI infrastructure, claiming that increased spending would lead to rapid revenue and profit growth, while in reality, the rising CapEx did not yield meaningful near-term revenue [5]. Stock Performance and Impact - The stock price of Oracle dropped significantly after disclosures in September and December 2025, with a notable decline of $24.16 per share (nearly 11%) on December 11, 2025, following disappointing revenue growth and high CapEx reported on December 10, 2025 [6].
TUESDAY DEADLINE: SLM Corporation a/k/a Sallie Mae Investors with Significant Losses Have Opportunity to Lead Class Action
Prnewswire· 2026-02-14 07:15
Core Viewpoint - SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding the company's loan delinquency rates and loss mitigation programs [1]. Summary by Relevant Sections Class Action Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek to be lead plaintiffs in the class action lawsuit titled Zappia v. SLM Corporation [1]. - The lawsuit alleges that SLM and its executives made false statements and failed to disclose significant increases in early-stage delinquencies [1]. Allegations Against SLM - The lawsuit claims that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its private education loan delinquency rates [1]. - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies increased by 49 basis points month-over-month, contradicting SLM's CFO's earlier assurances about normal seasonal trends [1]. Impact on Stock Price - Following the TD Cowen report, SLM's stock price fell by approximately 8%, reflecting investor concerns over the company's financial health [1]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status, which involves directing the class action lawsuit on behalf of all class members [1]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [1]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history at $7.2 billion [1].
uniQure N.V. Securities Fraud Class Action Result of FDA Approval Delay and 49% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Prnewswire· 2026-02-14 03:11
Core Viewpoint - The article discusses a securities fraud class action lawsuit against uniQure N.V. due to a significant delay in FDA approval for its drug candidate AMT-130, which led to a 49% decline in the company's stock price [1]. Summary by Relevant Sections Lawsuit Details - Investors who purchased shares of uniQure between September 24, 2025, and October 31, 2025, have until April 13, 2026, to file lead plaintiff applications in the class action lawsuit [1]. - The lawsuit alleges that uniQure and its executives failed to disclose material information, violating federal securities laws [1]. FDA Approval and Stock Impact - During the class period, uniQure indicated a high likelihood of receiving accelerated FDA approval for AMT-130 following a planned Biologics License Application (BLA) submission in Q1 2026 [1]. - On November 3, 2025, uniQure announced that the FDA no longer agreed that the data from Phase I/II studies were adequate for BLA submission, resulting in a stock price drop of $33.40, or over 49%, from $67.69 to $34.29 per share [1].
FFIV 4-DAY DEADLINE ALERT: Hagens Berman Alerts F5 (FFIV) Investors to Deadline in Securities Class Action Over Alleged Long-Term Undetected Hack and Nation State Infiltration
TMX Newsfile· 2026-02-13 22:09
Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against F5, Inc. due to allegations of misleading statements regarding the security of its BIG-IP products, which resulted in significant financial losses for investors [1][2]. Summary by Relevant Sections Allegations and Investigation - The lawsuit claims that F5 executives misled the market about the security of its BIG-IP products, asserting that a sophisticated nation-state threat actor had long-term access to F5's systems and exfiltrated sensitive source code [2][9]. - The firm is investigating whether F5 delayed disclosing a material cybersecurity incident, which could have impacted investor decisions [3][9]. Financial Impact - Following the revelation of the security breach in October 2025, F5's market value dropped by over $2 billion, with significant stock price declines occurring after the disclosures [2][4]. - On October 27, 2025, F5 reported disappointing Q4 FY25 results, attributing the poor performance to the security breach, which led to reduced sales expectations and increased expenses for remediation efforts [9]. Class Action Details - The lead plaintiff deadline for the class action is set for February 17, 2026, covering the class period from October 28, 2024, to October 27, 2025 [4][5]. - Investors who purchased F5 shares during this period and experienced losses are encouraged to contact Hagens Berman for assistance [5][6].
Hagens Berman Scrutinizing BellRing Brands (BRBR) Over Alleged Artificial Growth and $2.9 Billon Value Wipeout
TMX Newsfile· 2026-02-13 21:36
Core Viewpoint - The lawsuit against BellRing Brands, Inc. alleges that the company and its executives misled investors regarding the true drivers of its sales growth, which was primarily due to retailers hoarding inventory rather than genuine consumer demand [2][4]. Group 1: Allegations and Impact - The lawsuit claims that BellRing's reported sales growth in 2025 was artificially inflated due to retailers stockpiling inventory to avoid previous supply chain shortages [2][9]. - Following the revelation of these practices, BellRing's share price experienced a significant drop, including a 33% decline in a single day after disappointing financial results were announced [2][9]. - The CFO of BellRing admitted that several key retailers had been hoarding inventory, which contradicted earlier assurances about the strength of consumer demand [9]. Group 2: Legal Proceedings and Investor Actions - Hagens Berman, a law firm specializing in securities fraud class actions, is leading the investigation and has set a lead plaintiff deadline of March 23, 2026, for investors who suffered losses [1][5]. - The firm is actively advising investors who purchased BellRing shares between November 19, 2024, and August 4, 2025, and are seeking to recover losses incurred during this period [5][6]. - The lawsuit highlights concerns about the sustainability of BellRing's competitive position, suggesting that the perceived strength was a result of temporary inventory practices rather than robust market demand [3][4].