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LASER PHOTONICS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Laser Photonics Corporation on Behalf of Laser Photonics Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-16 00:17
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Laser Photonics Corporation for possible violations of federal securities laws and unlawful business practices [1][3]. Financial Disclosure Issues - On September 23, 2024, Laser Photonics announced that its previously issued financial statements for the year ended December 31, 2023, and the quarter ended June 30, 2024, should no longer be relied upon due to an overstatement of deferred revenue identified by its predecessor auditor, Fruci & Associates II, PLLC [3]. - Following this announcement, Laser Photonics' stock price dropped by $6.90 per share, or 36.7%, closing at $11.90 per share on September 25, 2024 [3]. Legal Rights and Investor Support - Investors who purchased or acquired Laser Photonics shares and suffered losses are encouraged to contact Bragar Eagel & Squire for information regarding their legal rights and potential claims [1][4].
IOVANCE INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Iovance Biotherapeutics, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-15 23:50
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Iovance Biotherapeutics, Inc. due to a class action complaint alleging breaches of fiduciary duties by the company's board of directors during the specified class period [2][3]. Group 1: Legal Investigation - The investigation is focused on whether Iovance's board of directors provided misleading information regarding the company's growth potential while concealing material adverse facts [3]. - A class action complaint was filed against Iovance on May 15, 2025, covering the period from May 9, 2024, to May 8, 2025 [2]. Group 2: Financial Performance - On July 25, 2024, Iovance announced its second-quarter financial results for fiscal 2024 and reduced its revenue guidance for the full fiscal year 2024 due to several factors, including maintenance of the iCTC and lower-than-expected Proleukin sales [4]. - Following the announcement, Iovance's stock price plummeted from $3.17 per share on May 8, 2025, to $1.75 per share on May 9, 2025, marking a decline of approximately 44.8% in one day [4].
CNC Class Action Alert: Robbins LLP Reminds Centene Corporation Stockholders of the Lead Plaintiff Deadline in the Class Action Against CNC
GlobeNewswire News Room· 2025-07-15 21:19
Core Viewpoint - A class action lawsuit has been filed against Centene Corporation for allegedly misleading investors about its business prospects and financial guidance [1][2]. Allegations - The complaint claims that Centene's management created a false impression of reliable information regarding projected revenue and growth, while actual enrollment rates and morbidity were lower than expected [2]. - A preliminary analysis indicated that over two-thirds of Centene's marketplace share showed disappointing enrollment and increased morbidity, contradicting the company's optimistic reports [2]. Financial Impact - On July 1, 2025, Centene withdrew its 2025 guidance, stating that market growth across 22 states was lower than anticipated, leading to a revised guidance of approximately $1.8 billion and an adjusted diluted EPS of $2.75 [3]. - Following this announcement, Centene's stock price plummeted from $56.65 per share to $44.78 per share, marking a decline of over 40% in just one day [3].
Robbins LLP is Investigating the Officers and Directors of RxSight, Inc. (RXST) to Determine if They Breached Fiduciary Duties Owed to Shareholders
GlobeNewswire News Room· 2025-07-15 21:18
Core Insights - Robbins LLP is investigating RxSight, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] - RxSight, Inc. is a commercial-stage medical technology company focused on the research, development, manufacture, and sale of light adjustable intraocular lenses (LAL) for cataract surgery in the United States [1] Company Overview - RxSight, Inc. operates in the medical technology sector, specifically in the field of ophthalmology, providing innovative solutions for cataract surgery [1] - The company is publicly traded on NASDAQ under the ticker RXST [1] Legal Context - The investigation by Robbins LLP suggests potential legal challenges for RxSight, which may impact shareholder confidence and the company's market performance [1][2] - Shareholders who have incurred losses are encouraged to seek information regarding their rights [2]
Robbins LLP is Investigating Allegations that the Officers and Directors of Kindercare Learning Companies, Inc. (KLC) Violated Securities Laws and Breached Fiduciary Duties to Shareholders
GlobeNewswire News Room· 2025-07-15 21:09
Core Viewpoint - Robbins LLP is investigating Kindercare Learning Companies, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] Company Overview - Kindercare Learning Companies, Inc. operates in the early childhood education and care services sector in the United States [1] Legal Context - Shareholders who have incurred losses in their investment in Kindercare Learning Companies, Inc. are encouraged to seek information regarding their rights [2] - Robbins LLP operates on a contingency fee basis, meaning shareholders do not pay fees or expenses unless a recovery is made [3] Firm Background - Robbins LLP has been active in shareholder rights litigation since 2002 and has recovered over $1 billion for shareholders [3]
Robbins LLP is Investigating Allegations that the Officers and Directors of BellRing Brands, Inc. (BRBR) Violated Securities Laws and Breached Fiduciary Duties to Shareholders
GlobeNewswire News Room· 2025-07-15 21:02
Core Viewpoint - Robbins LLP is investigating BellRing Brands, Inc. for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1] Group 1: Company Overview - BellRing Brands, Inc. manufactures and sells nutrition products both in the U.S. and internationally [1] Group 2: Legal Investigation - The investigation aims to determine if certain officers and directors of BellRing Brands have acted against the interests of shareholders [1] - Shareholders who have incurred losses in their investments in BellRing Brands are encouraged to seek more information regarding their rights [1] Group 3: Robbins LLP Background - Robbins LLP has been a leader in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [2] - The firm has successfully obtained over $1 billion for shareholders since its inception [2]
Robbins LLP is Investigating Allegations that the Officers and Directors of J.M. Smucker Company (JSM) Violated Securities Laws and Breached Fiduciary Duties to Shareholders
GlobeNewswire News Room· 2025-07-15 20:54
Core Viewpoint - Robbins LLP is investigating The J.M. Smucker Company for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1 - The investigation is focused on whether certain officers and directors of The J.M. Smucker Company have acted against the interests of shareholders [1]. - The J.M. Smucker Company is involved in the manufacturing and marketing of food products across the United States [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for information regarding their rights [1]. Group 2 - Robbins LLP operates on a contingency fee basis, meaning shareholders do not pay any fees or expenses unless they recover losses [2]. - The firm has a history of helping shareholders recover over $1 billion since its inception in 2002 [2]. - Robbins LLP is recognized as a leader in shareholder rights litigation, focusing on improving corporate governance and holding executives accountable [2].
Sanwire Files Complaint Against Intercept Music and Trillium Partners LP Seeking Return and Cancellation of Over 2,000,000,000 Sanwire’s Common Shares Plus Court-Approved Monetary Compensation
Globenewswire· 2025-07-15 12:45
POINT ROBERTS, Wash., July 15, 2025 (GLOBE NEWSWIRE) -- Sanwire Corporation ("Sanwire" or the "Company") (OTC: SNWR), a diversified company with a focus on aggregating technologies within a number of industries, is pleased to announce that as a follow-up to its press release dated May 21, 2025, Sanwire has filed a complaint in Clark County, Nevada District Court (Case No. A-25-923008-C) (the “Complaint”) against Delaware-based Intercept Music, Inc. (“Intercept Music”), Nevada-based Intercept Music Group, In ...
CNC Investors Have Opportunity to Join Centene Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-07-15 12:35
Core Viewpoint - The Schall Law Firm is investigating Centene Corporation for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Centene issued false or misleading statements and failed to disclose critical information to investors [2]. - A Seeking Alpha report indicated that Centene's shares declined after the company withdrew its 2025 earnings guidance, citing higher-than-expected costs related to Medicaid enrollees and underperformance in its Affordable Care Act plans [2]. - Following the announcement, Centene's shares fell by more than 39.5% during intraday trading on the same day [2]. Group 2: Company Background - Centene Corporation is involved in providing healthcare services, particularly through Medicaid and Affordable Care Act plans [2]. - The company reported a significant increase in medical cost trends in areas such as behavioral health, home health, and high-cost drugs [2].
SHAREHOLDER BUYOUT INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation into Proposed Buyout of NV5 Global, Inc. (NASDAQ: NVEE) Shareholders – Does $23.00 Per Share Represent Sufficient Payment to NV5 Investors?
GlobeNewswire News Room· 2025-07-14 18:45
Core Viewpoint - Kaskela Law LLC has initiated an investigation into the fairness of the proposed buyout of NV5 Global, Inc. to assess whether the buyout price undervalues the company's shares [1][3]. Buyout Details - NV5 announced an agreement to be acquired by Acuren Corporation at a price of $23.00 per share, which includes $10.00 in cash and $13.00 in Acuren's stock [2]. - Following the transaction, NV5's shareholders will be cashed out, and the company's shares will cease to be publicly traded [2]. Investigation Focus - The investigation aims to determine if the buyout price is too low and whether NV5's officers or directors breached their fiduciary duties or violated securities laws in agreeing to the $23.00 price [3]. - At the time of the announcement, at least one stock analyst had a price target of $28.00 per share for NV5, indicating a potential undervaluation [3]. Shareholder Actions - NV5 shareholders who believe the buyout price is inadequate are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [4].