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INSP STOCK LOSS: Inspire Medical Systems, Inc. Faces Securities Fraud Class Action due to Inspire V Delays – Contact BFA Law if You Suffered Losses
Globenewswire· 2025-11-17 13:08
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. and its senior executives for securities fraud following a significant stock drop due to alleged violations of federal securities laws [1]. Company Overview - Inspire Medical Systems develops and manufactures an implantable medical device for the treatment of sleep apnea, with its latest product being the Inspire V, which received FDA approval on August 2, 2024 [4]. Lawsuit Details - The lawsuit claims are based on Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, representing investors in Inspire stock. The case is currently pending in the U.S. District Court for the District of Minnesota [3]. Stock Performance - On August 4, 2025, Inspire announced that the launch of Inspire V would face an "elongated timeframe," leading to a reduction in its 2025 earnings per share guidance by over 80%. This announcement was attributed to undisclosed factors affecting the rollout and weak demand due to excess inventory of older devices [7][8]. Impact of News - Following the announcement, Inspire's stock price dropped by $42.04 per share, or more than 32%, from $129.95 on August 4, 2025, to $87.91 on August 5, 2025 [8].
HRL Investors Have Opportunity to Join Hormel Foods Corporation Fraud Investigation with the Schall Law Firm
Businesswire· 2025-11-16 20:14
Core Viewpoint - Hormel Foods Corporation is under investigation for potential violations of securities laws, following a significant drop in share price due to recent negative disclosures regarding earnings and management changes [2]. Company Summary - The investigation by the Schall Law Firm focuses on whether Hormel issued false or misleading statements and failed to disclose critical information to investors [2]. - A Wall Street Journal article published on October 29, 2025, reported that Hormel cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a 9.1% decline in share price on the same day [2]. Legal Context - The Schall Law Firm is encouraging shareholders who have suffered losses to participate in the investigation and discuss their rights [3].
Important Notice to Long-Term Shareholders of Fluor Corporation (FLR): Grabar Law Office Investigates Claims on Your Behalf
Newsfile· 2025-11-16 16:19
Core Viewpoint - Grabar Law Office is investigating claims on behalf of shareholders of Fluor Corporation regarding potential breaches of fiduciary duties by certain officers and directors [1] Group 1: Investigation Details - The investigation is focused on whether Fluor Corporation's officers made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3] - Allegations include that costs for specific projects were increasing due to subcontractor errors, price hikes, and scheduling delays, which negatively impacted the company's financial results [3] - The investigation suggests that Fluor's financial guidance for FY 2025 was unreliable, and the effectiveness of its risk mitigation strategies was overstated [3] Group 2: Shareholder Actions - Shareholders who purchased Fluor Corporation shares before February 18, 2025, and still hold them can seek corporate reforms and the return of funds at no cost [2][4] - Interested shareholders are encouraged to contact Grabar Law Office for more information on the investigation and potential actions [2][4]
Inspire Medical Systems, Inc. (INSP) Investors are Reminded to Contact BFA Law Before the January 5 Securities Fraud Class Action Deadline
Newsfile· 2025-11-16 12:08
Core Viewpoint - Inspire Medical Systems, Inc. is facing a class action lawsuit for securities fraud following a significant stock drop attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - A class action lawsuit has been filed against Inspire Medical Systems and certain senior executives, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 5, 2026, to request to lead the case in the U.S. District Court for the District of Minnesota [3]. Group 2: Company Background - Inspire Medical Systems develops an implantable medical device for treating sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [4]. Group 3: Stock Performance and Issues - Inspire assured investors of a timely launch for Inspire V, but failed to prepare clinicians and payors adequately, leading to delays and weak demand due to excess inventory of older devices [5][6]. - On August 4, 2025, Inspire announced an "elongated timeframe" for the Inspire V launch and reduced its 2025 earnings per share guidance by over 80% [7]. - Following this announcement, Inspire's stock price dropped by $42.04, or more than 32%, from $129.95 to $87.91 per share [8].
STOCK ALERT: James Hardie Industries plc (JHX) Investors may be Eligible for Compensation in Securities Class Action – Contact BFA Law by December 23 Deadline
Globenewswire· 2025-11-15 11:36
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the United States and Canada [4]. Allegations and Misrepresentation - During the relevant period, James Hardie claimed that its North American fiber cement segment showed "inherent strength" and "underlying momentum," while in reality, sales were inflated due to inventory loading by channel partners, indicating fraudulent channel stuffing rather than genuine customer demand [5]. Stock Performance and Impact - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers. This revelation led to a stock price drop of $9.79 per share, over 34%, from $28.43 to $18.64 within a day [6].
Ardent Health, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (ARDT)
Globenewswire· 2025-11-14 23:00
Core Insights - Kirby McInerney LLP is investigating potential claims against Ardent Health, Inc. regarding possible violations of federal securities laws or unlawful business practices [1][3] Financial Results - On November 12, 2025, Ardent announced its third-quarter financial results, revealing a $43 million reduction in revenue due to changes in accounting estimates related to accounts receivable [3] - The company also disclosed a $54 million increase in professional liability reserves for claims in New Mexico [3] - Following this announcement, Ardent's share price fell by $4.75, approximately 33.8%, from $14.05 to $9.30 [3]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 26, 2025 in DexCom, Inc. Lawsuit – DXCM
Globenewswire· 2025-11-14 21:00
Core Viewpoint - A class action securities lawsuit has been filed against DexCom, Inc. alleging securities fraud that affected investors between January 8, 2024, and September 17, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that DexCom made unauthorized material design changes to its glucose monitoring products, the G6 and G7, without approval from the U.S. Food and Drug Administration [2]. - It is alleged that these design changes compromised the reliability of the G6 and G7 devices, posing a significant health risk to users who depend on accurate glucose readings [2]. - The complaint asserts that the enhancements claimed for the G7, including its reliability, accuracy, and functionality, were overstated by the defendants [2]. - Defendants are accused of downplaying the severity of the issues and health risks associated with the altered G7 devices [2]. - The lawsuit suggests that these actions exposed DexCom to increased regulatory scrutiny and potential legal, reputational, and financial harm [2]. - As a result, the public statements made by the defendants were deemed materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses in DexCom, Inc. during the specified timeframe have until December 26, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes 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 leading securities litigation firms in the United States [4].
SHAREHOLDER ALERT: Fiserv, Inc. Sued For Securities Fraud by Block & Leviton LLP; January 5 Deadline To Seek To Serve As Lead Plaintiff
Globenewswire· 2025-11-14 19:49
Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for allegedly violating federal securities laws by issuing false and misleading statements regarding its business and financial health, leading to a significant decline in stock price and market value [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Fiserv's management, including the CEO and CFO, overstated growth potential and provided unrealistic financial guidance between July 23 and October 28, 2025 [2]. - Following a drastic cut in forecasts and poor third-quarter results, Fiserv's stock price dropped by 44%, resulting in an approximate loss of $30 billion in market value [2]. - Investors were reportedly misled by positive statements about the company's strategic direction, which later proved to be unattainable, necessitating a major overhaul in leadership and business strategy [2]. Group 2: Legal Proceedings - The lawsuit is filed in the Eastern District of Wisconsin under the case name Lombard v. Fiserv, Inc., et al., and is on behalf of all investors who purchased Fiserv stock during the specified class period [3]. - Investors who acquired Fiserv stock during the class period may seek to be appointed as lead plaintiffs, with a deadline for such motions set for January 5, 2026 [4]. - Participation as a lead plaintiff is not required to share in any potential recovery from the lawsuit [5].
Law Offices of Frank R. Cruz Encourages Six Flags Entertainment Corporation (FUN) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-14 17:06
Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corporation for alleged securities fraud related to its merger with Cedar Fair, with shareholders encouraged to inquire about their rights and potential claims [1][2]. Company Overview - Six Flags completed a merger with Cedar Fair on July 1, 2024, creating North America's largest regional amusement park operator with a portfolio of approximately 40 amusement parks, water parks, and resort properties [3]. Financial Performance - On August 6, 2025, Six Flags reported second quarter 2025 revenue of $930 million and adjusted EBITDA of $243 million, both significantly below consensus estimates [4]. - The company's debt-to-earnings leverage ratio increased to 6.2x, prompting considerations for divesting non-core assets [4]. - Six Flags reduced its 2025 EBITDA guidance by $215 million at the midpoint and announced the resignation of CEO Richard Zimmerman [4]. Stock Performance - Following the merger, Six Flags stock traded above $55 per share but subsequently fell to as low as $20 per share, representing a nearly 64% decline, which adversely affected investors [5]. Lawsuit Details - The class action lawsuit alleges that the Registration Statement for the merger was negligently prepared, leading to materially false and misleading statements and failure to disclose adverse facts about the company's operations and prospects [6][7]. - Specific allegations include underinvestment in parks, undisclosed capital needs, and unrealistic revenue and earnings projections presented to investors [7].
Law Offices of Frank R. Cruz Encourages Inspire Medical Systems, Inc. (INSP) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2025-11-14 17:06
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. (INSP) for securities fraud, following a significant drop in stock price due to poor performance and misleading statements regarding the launch of its new sleep apnea device, Inspire V [1][3][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of shareholders who purchased Inspire common stock between August 6, 2024, and August 4, 2025, with a deadline for filing a lead plaintiff motion set for January 5, 2026 [1]. - The lawsuit alleges that the company made materially false and misleading statements and failed to disclose adverse facts about its business and operations during the class period [5]. Group 2: Company Performance - On August 4, 2025, Inspire disclosed that the launch of the Inspire V device was facing delays due to issues such as incomplete training for treatment centers, software update delays, and excess inventory leading to poor demand [3]. - The company reduced its 2025 earnings guidance by over 80%, from a range of $2.20 to $2.30 per share down to $0.40 to $0.50 per share [3]. Group 3: Stock Impact - Following the announcement of these issues, Inspire's stock price fell by $42.04, or 32.4%, closing at $87.91 per share on August 5, 2025, resulting in significant losses for investors [4].