What Is The Lawsuit About? LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Klarna Group plc ("Klarna†or the "Company†) (NYSE: KLAR) securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company's September 2025 initial public offering (the "IPO†). Klarna ...

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Charming was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2) insiders and/or affiliates used off ...

Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of shareholders who purchased its securities during the September 2025 IPO, alleging securities fraud due to misleading statements and failure to disclose material adverse facts about the company's financial health and risk profile [1][4]. Group 1: IPO and Financial Performance - Klarna conducted its IPO on September 10, 2025, selling 34.3 million shares at $40 per share [3]. - Following the release of its third quarter 2025 financial results on November 18, 2025, Klarna reported a 39% increase in its provision for credit losses, attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [3]. - The stock price of Klarna fell by $3.25, or 9.3%, closing at $31.63 per share on the same day the financial results were announced, indicating a negative impact on investors [3]. Group 2: Allegations in the Lawsuit - The lawsuit alleges that the defendants made materially false and/or misleading statements and failed to disclose significant risks regarding the company's business and operations [4]. - Specifically, it is claimed that the defendants understated the risk of a significant increase in loss reserves shortly after the IPO, which they either knew or should have known, given the risk profile of individuals taking Klarna's buy now, pay later (BNPL) loans [4]. - As a result, the positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis [4].

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruzannounces that a class action lawsuit has been filed on behalf of shareholders who purchased Charming Medical Limited ("Charming†or the "Company†) (NASDAQ: MCTA) securities between October 10, 2025 and November 12, 2025, inclusive (the "Class Period†). Charming investors have until February 17, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR CHARMING MEDICAL LIMITED (MCTA), INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POT ...

Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors regarding the company's delinquency rates on private education loans during the specified class period from July 25, 2025, to August 14, 2025 [1][4]. Group 1: Lawsuit Details - The lawsuit claims that SLM Corporation made materially false and misleading statements about its business operations and failed to disclose significant increases in early-stage delinquencies [4]. - Investors have until February 17, 2026, to file a lead plaintiff motion in this class action [1]. Group 2: Impact on Stock Price - Following a report from TD Cowen on August 14, 2025, indicating higher delinquency rates than seasonal trends, SLM's stock price dropped by $2.67, or 8.1%, closing at $30.32 per share on August 15, 2025 [3]. - The report contradicted earlier statements made by SLM's CFO, who had claimed that delinquency rates were following normal seasonal trends [3]. Group 3: Allegations Against Defendants - The complaint alleges that the defendants overstated the effectiveness of SLM's loss mitigation and loan modification programs, leading to materially misleading statements about the company's stability and prospects [4]. - The lawsuit highlights that the positive statements made by the defendants lacked a reasonable basis at all relevant times [4].

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Cassava Sciences, Inc. which may affect shareholder rights [1] Group 1: Legal Actions and Shareholder Rights - Long-term shareholders of Cassava may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2] - Shareholder involvement is crucial for improving company policies and enhancing shareholder value through better oversight [3] Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Shoals Technologies Group Inc. [1] Group 1: Legal Actions and Shareholder Rights - Long-term shareholders of Shoals may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2] - Shareholder involvement is crucial for improving company policies and enhancing shareholder value [3] Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Company Overview - Fermi Inc. is developing a large electric generation campus for AI data centers and conducted its initial public offering (IPO) on September 30, 2025, issuing approximately 32.5 million shares at an offering price of $21.00 per share [3] - The IPO's offering document indicated that Fermi entered into a letter of intent with an investment grade-rated tenant to lease a portion of the Project Matador Site for an initial lease term of twenty years, with four renewal terms of five years each [3] Recent Developments - In November 2025, Fermi announced that the First Tenant agreed to advance up to $150 million to fund construction costs through an Advance in Aid of Construction Agreement (AICA) [3] - On December 12, 2025, Fermi disclosed that the First Tenant notified them of the termination of the AICA, although negotiations for a lease agreement were still ongoing [4] Market Reaction - Following the announcement of the AICA termination, Fermi's stock price fell more than 33%, closing at $10.09 per share, significantly below the IPO price [4]

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [4]. Allegations and Stock Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and had a poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, more than 54%, from $153.53 to $70.05 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit is titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Investor Information - Investors are encouraged to seek additional information regarding their legal options and can submit their information to the law firm representing the class action [2][7]. - The law firm operates on a contingency fee basis, meaning there are no upfront costs for shareholders [7]. Law Firm Background - Bleichmar Fonti & Auld LLP is a leading international law firm known for representing plaintiffs in securities class actions and has achieved notable recoveries in past cases [8].

Core Viewpoint - BellRing Brands, Inc. is under investigation for potential violations of federal securities laws, with concerns regarding the sustainability of its sales growth driven by temporary trade inventory loading rather than genuine consumer demand [1][2]. Company Overview - BellRing Brands operates in the convenient nutrition category, primarily known for its brands Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powders [2]. Sales Performance and Market Reaction - The company reported that Premier Protein achieved an all-time high in household penetration and strong demand across all channels, attributed to distribution expansion and promotional activities [2]. - However, it was revealed that sales growth may not be sustainable, as it was potentially inflated by temporary inventory loading at key retailers [2]. Stock Price Decline - On May 5, 2025, BellRing announced that several key retailers reduced their weeks of supply, which would negatively impact Q3 2025 growth. Following this announcement, the stock price fell by $13.96, or over 18%, from $77.34 to $63.38 per share [3]. - On August 4, 2025, the company disclosed disappointing quarterly consumption figures for Premier Protein RTD Shakes, leading to a further decline in stock price by $17.46, or nearly 33%, from $53.64 to $36.18 per share [4].