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Ibotta, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 16, 2025 to Discuss Your Rights - IBTA
Prnewswire· 2025-05-22 09:45
NEW YORK, May 22, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ibotta, Inc. (NYSE: IBTA).Shareholders who purchased shares of IBTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/ibotta-loss-submission-form/?id=149530&from=4CLASS PERIOD: This lawsuit is on behalf of persons ...
BBAI LAWSUIT: Lose Money on BigBear.ai Holdings, Inc.? Contact BFA Law before June 10 Court Deadline
GlobeNewswire News Room· 2025-05-21 12:46
Investors have until June 10, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased BigBear.ai securities. The case is pending in the U.S. District Court for the Eastern District of Virginia and is captioned Priewe v. BigBear.ai Holdings, Inc., et al., No. 25-cv-00623. Why was BigBear.ai Sued for Securities Fraud? NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Leading securi ...
Genius Group provides update to RICO lawsuit
GlobeNewswire News Room· 2025-05-21 12:00
Core Viewpoint - Genius Group Limited has filed an amended complaint under the RICO Act against controlling officers of LZGI International, seeking damages exceeding $750 million due to alleged fraudulent activities [1][2][3]. Legal Actions - The amended complaint includes additional defendants, Michael Carter and John Clayton, who are also involved in a separate SEC case alleging securities fraud [2]. - The RICO case centers on allegations that Peter Ritz and Michael Moe attempted to defraud Genius Group, leading to a Temporary Restraining Order and Preliminary Injunction that hindered the company's operations [3]. - A recent ruling from the United States Court of Appeals granted a stay on the Preliminary Injunction, allowing Genius Group to resume normal operations, including fundraising and Bitcoin transactions [4]. Financial Impact - Genius Group is focused on restructuring and recovering from damages incurred due to the Temporary Restraining Order and Preliminary Injunction, which have increased to $250 million [5]. - The company is pursuing treble damages of $750 million in the RICO case [5]. Collaboration with Shareholders - Genius Group is cooperating with LZGI shareholders who have filed a class action lawsuit against LZGI and its officers for violations of federal securities laws [7]. Company Overview - Genius Group is an AI-powered, Bitcoin-first education group serving 5.8 million users across over 100 countries, providing AI training and solutions [9].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fulgent Genetics, Inc. - FLGT
Prnewswire· 2025-05-20 22:06
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Fulgent Genetics, Inc. and its officers or directors [1][2] Group 1: Investigation Details - Pomerantz LLP is representing investors of Fulgent Genetics, Inc. in an investigation regarding claims of securities fraud [1] - The investigation follows a civil investigative demand received by Fulgent from the U.S. Department of Justice concerning potential false claims under the Uninsured Program [2] - Following the disclosure of the civil investigative demand, Fulgent's stock price decreased by $0.41 per share, or 2.61%, closing at $15.28 per share on March 3, 2025 [2] Group 2: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in the field [3] - The firm has a track record of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [3]
Johnson Fistel Continues Investigation on Behalf of Proficient Auto Logistics, Inc. (PAL) Shareholders
GlobeNewswire News Room· 2025-05-20 18:01
SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is investigating whether Proficient Auto Logistics, Inc. (NASDAQ: PAL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. What if I purchased PAL securities? If you purchased securities and suffered losses ...
INVESTOR ALERT: Cohen Milstein Investigates Claims Against GoHealth, Inc. (GOCO) on Behalf of Investors
GlobeNewswire News Room· 2025-05-20 17:59
WASHINGTON, May 20, 2025 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC is investigating GoHealth, Inc. (NASDAQ: GOCO) and certain of its officers and/or directors for potential securities fraud or other securities violations following a complaint recently filed by the Department of Justice alleging unlawful business practices involving a Medicare Advantage kickback scheme. If you are an investor in GoHealth, Inc. and purchased shares of GoHealth between 2016 and May 1, 2025, please consider contact ...
BITF Investors Have Opportunity to Lead Bitfarms Ltd. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-05-20 14:40
LOS ANGELES, May 20, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ: BITF) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between March 21, 2023 and December 9, 2024, inclusive (the "Class Period"), are e ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Meta Platforms, Inc. - META
Prnewswire· 2025-05-20 13:00
NEW YORK, May 20, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Meta Platforms, Inc. ("Meta" or the "Company") (NASDAQ: META). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Meta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On May 15, 2025, the Wall St ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ADTRAN Holdings, Inc. - ADTN
Prnewswire· 2025-05-20 13:00
Core Viewpoint - ADTRAN Holdings, Inc. is under investigation for potential securities fraud and unlawful business practices following the disclosure of issues with its financial statements [1][2]. Financial Disclosure - On May 13, 2025, ADTRAN announced that its audited consolidated financial statements for Fiscal 2024 and Fiscal 2023, as well as unaudited interim financial statements for specific periods in 2024, should no longer be relied upon and would be restated [2]. - The company identified at least one additional material weakness in its internal control over financial reporting as of December 31, 2024 [2]. Stock Market Reaction - Following the announcement of the financial statement issues, ADTRAN's stock price decreased by $0.41 per share, representing a 4.79% decline, closing at $8.15 per share on May 14, 2025 [2]. Legal Context - Pomerantz LLP is investigating claims on behalf of ADTRAN investors, indicating potential legal actions related to the company's financial disclosures [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Fortress Energy Inc. - NFE
Prnewswire· 2025-05-20 13:00
Core Viewpoint - New Fortress Energy Inc. is under investigation for potential securities fraud and unlawful business practices following a significant decline in its financial performance in Q1 2025 [1][2]. Financial Performance - New Fortress reported total revenue of $470.5 million for Q1 2025, a decrease from $690.3 million in Q1 2024, representing a decline of approximately 31.8% [2]. - The company experienced a net loss of $197.4 million, or $0.73 per share, compared to a net income of $56.7 million, or $0.26 per share, in the same period of the previous year [2]. Stock Market Reaction - Following the release of the disappointing financial results, New Fortress's stock price fell by $4.27 per share, or 62.98%, closing at $4.27 per share on May 15, 2025 [3].