NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- 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=146181&from=3 CLASS PERIOD: This lawsuit is on behalf of ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of BigBear.ai Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and accounting errors during the class period from March 31, 2022, to March 25, 2025 [1][2]. Summary by Sections Allegations - The complaint alleges that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions [2] - It is claimed that BigBear incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15 [2] - The company is accused of improperly accounting for the 2026 Convertible Notes, leading to misstatements in several previously issued financial statements [2] - As a result of these errors, the financial statements were deemed inaccurate and likely to require restatement, increasing the risk of delays in filing financial reports with the SEC [2] Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 10, 2025, to monitor the case's progress [3] - Registration will provide shareholders with status updates throughout the lifecycle of the case, with no cost or obligation to participate [3] About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [4] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4]

NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- 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=145070&from=3 CLASS PERIOD: This lawsuit is on behalf ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of false and misleading statements regarding Project Permian, which has faced significant delays and cost overruns [2][4]. Company Overview - NET Power Inc. is a publicly traded company on the NYSE under the ticker NPWR [2]. - The company has been involved in Project Permian, which is now estimated to have a total installed cost between $1.7 billion and $2.0 billion, significantly higher than the previous estimate of $1.1 billion [7]. Project Permian Updates - The project is now expected to come online no earlier than 2029, a significant delay from earlier projections of initial power generation between the second half of 2027 and the first half of 2028 [5][7]. - The delays and increased costs are attributed to supply chain issues and various site- and region-specific challenges [4][7]. Financial Impact - Following the announcement of the delays and increased costs, NET Power's stock price fell by $2.47 per share (18.54%) to close at $10.85 on November 14, 2023 [6]. - On March 10, 2025, after further disclosures, the stock price dropped by $2.18 per share (31.46%) to close at $4.75 [7]. - The company reported a decrease in cash reserves, ending 2024 with $533 million, down from $580 million [7]. Management Changes - On April 15, 2025, NET Power announced the departure of its President and COO, as well as its CFO, with a new COO appointed immediately [8]. - This news led to a further decline in the stock price by $0.13 per share (5.75%) to close at $2.13 on April 16, 2025 [8]. Legal Proceedings - Investors who suffered losses exceeding $50,000 between June 9, 2023, and March 7, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1][2]. - There is a deadline of June 17, 2025, for investors to seek the role of lead plaintiff in the federal securities class action against NET Power [2].

Core Viewpoint - AppLovin Corporation is facing securities class action lawsuits for failing to disclose material information during the class period from May 10, 2023, to March 26, 2025, which may have led to significant financial losses for investors [1][3]. Company Summary - AppLovin's executives are accused of violating federal securities laws by not disclosing critical information that could impact investors [3]. - The company's stock price experienced a significant decline due to allegations of "Ad Fraud" and manipulative practices, dropping from $377.06 on February 25, 2025, to $331.00 on February 26, 2025 [4]. - Following further reports of improper use of proprietary data, AppLovin's shares fell by 20.1%, from $327.62 to $261.70 on March 27, 2025 [5]. Legal Context - The first lawsuit filed against AppLovin is Quiero v. AppLovin Corporation, et al., No. 25-cv-02294, with a subsequent case expanding the class period [6]. - Investors who purchased AppLovin securities during the class period have until May 5, 2025, to file lead plaintiff applications [1][2].