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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Soleno Therapeutics, Inc. of Class Action Lawsuit and Upcoming Deadlines - SLNO
Prnewswire· 2026-03-20 01:54
Core Viewpoint - A class action lawsuit has been filed against Soleno Therapeutics, Inc. regarding allegations of securities fraud and unlawful business practices related to its product, DCCR [2][3]. Group 1: Class Action Details - Investors who suffered losses from their investment in Soleno are encouraged to contact Pomerantz LLP to join the class action lawsuit [1]. - The deadline to request appointment as Lead Plaintiff is May 5, 2026, for those who purchased Soleno securities during the Class Period [2]. Group 2: Product and Market Impact - Scorpion Capital published a report on August 15, 2025, labeling DCCR as overpriced and potentially unsafe for children, leading to a stock price drop of $5.73 per share, or 7.41%, closing at $71.63 [2][3]. - Following the disclosure of a patient death related to DCCR on September 10, 2025, Soleno's stock fell by $13.49 per share, or 19.21%, to close at $56.72 [3]. - On November 4, 2025, Soleno reported an 8% discontinuation rate of DCCR due to adverse effects, which the CEO attributed to the negative impact of the Scorpion report on the product's launch trajectory [4]. - The stock price further declined by $16.98 per share, or 26.59%, closing at $46.87 on November 5, 2025 [5].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Grocery Outlet Holding Corp. of Class Action Lawsuit and Upcoming Deadlines - GO
Prnewswire· 2026-03-20 01:54
Core Viewpoint - A class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged securities fraud and unlawful business practices, with a deadline for investors to join the lawsuit by May 15, 2026 [2]. Financial Performance - Grocery Outlet reported its fourth quarter and fiscal year 2025 results, with adjusted EBITDA of $254.3 million, net sales of $4.69 billion, comparable store sales up by 0.5%, and diluted adjusted earnings per share of $0.76, all missing prior guidance [2]. - The company announced an additional "optimization plan" and a restructuring plan, which includes the closure of 36 underperforming stores, leading to a recognition of $110 million in non-cash impairment charges [2]. Market Reaction - Following the announcement of the financial results and store closures, Grocery Outlet's stock price fell by $2.45 per share, or 27.87%, closing at $6.34 per share on March 5, 2026 [2].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Eos Energy Enterprises, Inc. Of Class Action Lawsuit and Upcoming Deadlines - EOSE
Prnewswire· 2026-03-20 01:54
Core Viewpoint - A class action lawsuit has been filed against Eos Energy Enterprises, Inc. for alleged securities fraud and unlawful business practices, with a deadline for investors to join the lawsuit by May 5, 2026 [2]. Financial Performance - Eos reported a non-GAAP earnings per share of -$0.72 for Q4 and full year 2025, missing consensus estimates by $0.48 [2]. - The company's revenue for the same period was $57.99 million, falling short of consensus estimates by $35.7 million [2]. - Following the earnings report, Eos's stock price dropped by $4.39 per share, or 39.44%, closing at $6.75 per share on February 26, 2026 [2]. Operational Issues - The Chief Operating Officer of Eos cited three main issues that hindered the company's performance: 1. An isolated supply nonperformance that resulted in a week of lost production 2. Delays in achieving quality targets for automated bipolar production 3. Battery line downtime that exceeded industry norms [2].
EOSE SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Eos Energy Enterprises, Inc. Investors - Contact Kirby McInerney LLP by May 5, 2026
Globenewswire· 2026-03-20 00:00
Core Viewpoint - Eos Energy Enterprises, Inc. is facing a class action lawsuit due to alleged securities fraud, with significant financial losses reported and a decline in stock price following disappointing earnings and guidance [4][5]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Eos securities between November 5, 2025, and February 26, 2026, alleging production and capacity issues, excessive downtime, quality target delays, and inadequate public disclosures [4]. - Investors who suffered losses have until May 5, 2026, to request lead plaintiff appointment, which allows them to oversee the litigation and influence key decisions [2]. Group 2: Financial Performance - Eos reported a net loss of approximately $970 million for fiscal year 2025, with revenue falling short of previously set guidance [5]. - The company attributed its poor performance to high spending on scaling manufacturing operations, inefficiencies, and significant non-cash charges [5]. - Following the announcement of disappointing results and weaker 2026 revenue guidance, Eos shares dropped by approximately 39.4%, from $11.13 to $6.74 per share [5].
Beyond Meat Deadline: BYND Investors with Losses in Excess of $100K Have Opportunity to Lead Beyond Meat, Inc. Securities Fraud Lawsuit
Prnewswire· 2026-03-19 23:55
Core Viewpoint - Beyond Meat, Inc. is facing a securities fraud lawsuit, with a lead plaintiff deadline set for March 24, 2026, for investors who purchased securities between February 27, 2025, and November 11, 2025 [1]. Group 1: Lawsuit Details - The lawsuit alleges that during the Class Period, Beyond Meat made materially false and misleading statements regarding the book value of its long-lived assets, which exceeded their fair value, indicating a likely need for a material, non-cash impairment charge [5]. - It is claimed that these misstatements impaired Beyond Meat's ability to timely file periodic reports with the Securities and Exchange Commission, leading to investor damages when the true information became public [5]. Group 2: Investor Participation - Investors who purchased Beyond Meat securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors can submit a form or contact the Rosen Law Firm for more information [3][6].
PLUG Investors with Losses in Excess of $100k Have Opportunity to Lead Plug Power Inc. Securities Fraud Lawsuit
Prnewswire· 2026-03-19 23:14
Core Viewpoint - Investors in Plug Power Inc. who incurred losses exceeding $100,000 during the specified class period have the opportunity to lead a securities fraud lawsuit against the company, with a deadline for lead plaintiff applications set for April 3, 2026 [1]. Group 1: Lawsuit Details - The lawsuit claims that during the class period from January 17, 2025, to November 13, 2025, Plug Power made false and misleading statements regarding the availability of funds from the U.S. Department of Energy's Loan and the company's ability to construct necessary hydrogen production facilities [5]. - It is alleged that these misstatements led to an overestimation of the company's prospects, suggesting that Plug Power would pivot to less ambitious projects with lower commercial potential [5]. - The lawsuit asserts that when the true information became public, investors suffered damages due to the misleading nature of Plug Power's public statements [5]. Group 2: Participation Information - Investors wishing to join the class action can do so without incurring out-of-pocket fees through a contingency fee arrangement [2]. - To participate, investors can visit the provided link or contact the law firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors are not represented by counsel unless they choose to retain one [7].
BRBR 4-DAY DEADLINE ALERT: Hagens Berman Scrutinizing BellRing Brands (BRBR) Over Alleged Artificial Growth and $2.9 Billion Value Wipeout
Globenewswire· 2026-03-19 23:13
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 [3][5]. Company Overview - BellRing Brands, Inc. is facing a securities fraud lawsuit that claims misleading statements were made about the sustainability and drivers of its sales growth, as well as the competitive landscape affecting demand for its products [5][6]. Allegations of Misleading Information - The lawsuit contends that BellRing's reported sales growth in 2025 was artificially inflated due to retailers stockpiling inventory to prevent shortages, which was not reflective of actual consumer demand [3][7]. - A significant drop in BellRing's share price occurred after disclosures revealed that retailers were reducing their inventory levels, leading to a 33% decline in share price on August 4, 2025 [3][7]. Financial Impact - Following the revelation of disappointing financial results for Q2 2025, BellRing's CFO admitted that some retailers had been hoarding inventory, which contributed to a 19% drop in share price [7]. - The Q3 2025 financial results further indicated a narrowed sales outlook, resulting in a severe market reaction with a 33% drop in share price, attributed to increased competition and lower consumption rates [7]. Legal Proceedings - The lead plaintiff deadline for the lawsuit is set for March 23, 2026, and investors who suffered losses from November 19, 2024, to August 4, 2025, are encouraged to participate [6][7].
INVESTOR ALERT: Eos Energy Enterprises, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – RGRD Law
Globenewswire· 2026-03-19 23:10
Core Viewpoint - Eos Energy Enterprises, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and failure to meet production and quality targets during the specified class period [1][3]. Company Overview - Eos Energy designs, manufactures, and markets zinc-based battery energy storage systems aimed at utility-scale commercial and industrial applications [2]. Allegations of the Lawsuit - The lawsuit claims that Eos Energy was unable to achieve the production ramp and capacity utilization necessary to meet its previously set guidance [3]. - It is alleged that the company's battery line downtime exceeded industry norms and internal forecasts [3]. - Eos Energy reportedly faced delays in meeting quality targets for its automated bipolar production [3]. - The lawsuit also states that inadequate systems and processes hindered the company's ability to provide accurate guidance and timely disclosures [3]. Financial Performance - On February 26, 2026, Eos Energy announced its fourth quarter and full year 2025 results, reporting a revenue of $114.2 million, significantly below the guidance of $150 million to $160 million [4]. - The company reported a gross loss of $143.8 million and a net loss attributable to shareholders of $969.6 million for the same period [4]. - An adjusted EBITDA loss of $219.1 million was also disclosed, along with a capacity milestone that was reached five weeks later than planned [4]. - Following this announcement, Eos Energy's stock price fell by more than 39% [4]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Eos Energy securities during the class period to seek appointment as lead plaintiff in the lawsuit [5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and acts on behalf of all class members [5]. - Investors can choose their own law firm to represent them in the lawsuit, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. 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 [6]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, and is recognized for obtaining some of the largest securities class action recoveries in history [6].
Securities Fraud Investigation Into Medical Properties Trust, Inc. (MPT) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Businesswire· 2026-03-19 21:00
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Medical Properties Trust, Inc. ("Medical Properties†or the "Company†) (NYSE: MPT) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON MEDICAL PROPERTIES TRUST, INC. (MPT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened?. ...
Bragar Eagel & Squire, P.C. Urges Ostin and NuScale Investors with Large Losses to Contact the Firm Before the Upcoming Lead Plaintiff Deadlines
Globenewswire· 2026-03-19 19:41
Core Viewpoint - Class actions have been initiated for stockholders of Ostin Technology Group Co., Ltd. and NuScale Power Corporation, with specific deadlines for investors to petition the court to serve as lead plaintiff [1] Ostin Technology Group Co., Ltd. (NASDAQ:OST) - The class period for Ostin is from May 11, 2025, to June 26, 2025, with a lead plaintiff deadline of April 17, 2026 [4] - A criminal indictment was unsealed on September 12, 2025, charging co-CEO Lai Kui Sen and financial advisor Yan Zhao with conspiracy to commit securities fraud, wire fraud, and securities fraud, alleging a scheme that generated over $110 million in illicit proceeds [4] - The indictment claims that from April 2025, Lai Kui Sen and co-conspirators executed fraudulent securities offerings, placing the majority of Ostin shares in the hands of at least fifteen co-conspirators for minimal or no cost [4] - The fraudulent campaign inflated Ostin's market capitalization from approximately $22 million to over $1 billion, with a peak stock price of $9.40 on June 26, 2025 [4] - On June 26, 2025, Ostin investors faced significant losses, with over $950 million (over 94%) of market capitalization lost in a single day, as the stock price fell from an intraday high of $9.40 to a closing price of $0.55 [4] NuScale Power Corporation (NYSE:SMR) - The class period for NuScale is from May 13, 2025, to November 6, 2025, with a lead plaintiff deadline of April 20, 2026 [4] - The lawsuit alleges that defendants made false statements and failed to disclose that ENTRA1 Energy LLC had no significant experience in building or operating nuclear power projects, which posed undisclosed risks to NuScale's commercialization strategy [4] - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading information regarding ENTRA1's qualifications and experience [4]