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Treace Medical Concepts, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights - TMCI
Prnewswire· 2025-05-05 09:45
NEW YORK, May 5, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Treace Medical Concepts, Inc. (NASDAQ: TMCI).Shareholders who purchased shares of TMCI 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/treace-medical-concepts-inc-loss-submission-form-2/?id=146608&from=4 CLASS PE ...
BigBear.ai Holdings, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights – BBAI
GlobeNewswire News Room· 2025-05-01 16:54
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 a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 31, 2022, to March 25, 2025 [3]. - Allegations include that BigBear maintained deficient accounting review policies, leading to incorrect accounting for the 2026 Convertible Notes and misstatements in financial statements [3]. Financial Reporting Issues - The company allegedly failed to disclose that the conversion option within the 2026 Convertible Notes did not qualify for the derivative scope exception under ASC 815-40, resulting in improper accounting [3]. - As a consequence, BigBear's financial statements were inaccurate and may require restatement, increasing the risk of delays in filing reports with the SEC [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 10, 2025, to monitor the case's progress [4]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions by companies [5].
NET Power, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – NPWR
GlobeNewswire News Room· 2025-04-28 16:47
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR). Shareholders who purchased shares of NPWR 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/net-power-inc-loss-submission-form/?id=145093&from=3 CLASS PERIOD: June 9, 2023 to ...
SoundHound AI, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before May 27, 2025 to Discuss Your Rights – SOUN
GlobeNewswire News Room· 2025-04-28 16:41
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN). Shareholders who purchased shares of SOUN 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/soundhound-ai-inc-loss-submission-form/?id=145085&from=3 CLASS PERIOD: May 10 ...
Perpetua Resources Corp. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before May 20, 2025 to Discuss Your Rights – PPTA
GlobeNewswire News Room· 2025-04-28 16:34
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Perpetua Resources Corp. (NASDAQ: PPTA). Shareholders who purchased shares of PPTA 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/perpetua-resources-corp-loss-submission-form/?id=145075&from=3 CLASS PER ...
Everus Construction Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - ECG
Prnewswire· 2025-04-28 09:45
NEW YORK, April 28, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG).Shareholders who purchased shares of ECG 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/everus-construction-group-inc-loss-submission-form/?id=145060&from=4 CLASS ...
Zynex, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 19, 2025 to Discuss Your Rights - ZYXI
Prnewswire· 2025-04-28 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Zynex, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from March 13, 2023, to March 11, 2025 [1] Group 1: Allegations Against Zynex, Inc. - The complaint alleges that Zynex shipped products, including electrodes, in excess of need, leading to inflated revenue [1] - The company's practice of filing false claims has drawn scrutiny from insurers, including the U.S. military health insurance program, Tricare [1] - As a result of these practices, Zynex is likely to face adverse consequences, including removal from insurer networks and penalties from the federal government [1] - The positive statements made by the defendants about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1] Group 2: Class Action Details - Shareholders who purchased shares of ZYXI during the specified class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1] - The deadline for shareholders to register for the class action is May 19, 2025, and there is no cost or obligation to participate [2] - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2] Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3] - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3] - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [3]
Cerevel Therapeutics Holdings, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights – ABBV
GlobeNewswire News Room· 2025-04-23 17:25
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Cerevel Therapeutics Holdings, Inc. regarding a class action lawsuit related to alleged misleading statements and omissions during a secondary stock offering, which may have artificially deflated the stock price prior to a merger announcement with AbbVie Inc. [1][4] Group 1: Class Action Details - The class period for the lawsuit is from October 11, 2023, to August 1, 2024, and includes shareholders who sold or held shares during this timeframe [3]. - Shareholders are encouraged to register for the class action by June 3, 2025, to potentially be appointed as lead plaintiffs [5]. Group 2: Allegations Against Cerevel - The complaint alleges that Cerevel's October 16, 2023, secondary stock offering omitted material facts about AbbVie's interest in acquiring Cerevel at a significantly higher price than the offering price of $22.81 per share [4]. - Bain Capital, Cerevel's controlling shareholder, allegedly acquired shares at an artificially depressed price while possessing nonpublic information about AbbVie's acquisition interest, resulting in a windfall of over $120 million when AbbVie agreed to acquire Cerevel for $45 per share [4]. Group 3: Legal Representation - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights and ensuring companies adhere to responsible business practices [6].
Maravai LifeSciences Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before May 5, 2025 to Discuss Your Rights – MRVI
GlobeNewswire News Room· 2025-04-23 17:17
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI). Shareholders who purchased shares of MRVI 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/maravai-lifesciences-holdings-inc-loss-submission-form/?id=14 ...
SoundHound AI, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 27, 2025 to Discuss Your Rights - SOUN
Prnewswire· 2025-04-21 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of SoundHound AI, Inc. regarding a class action lawsuit due to alleged misleading statements and material weaknesses in financial reporting controls [1][2]. Group 1: Allegations - The complaint alleges that during the class period from May 10, 2024, to March 3, 2025, SoundHound issued materially false and misleading statements [2]. - Specific allegations include that SoundHound's internal controls over financial reporting were materially weak, impairing its ability to account for corporate acquisitions [2]. - The company is accused of overstating its remediation efforts regarding these internal control weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2]. - It is claimed that SoundHound would require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2]. - As a result, the company's public statements were deemed materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of SOUN during the specified class period are encouraged to register for the class action by May 27, 2025 [3]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [3]. - There is no cost or obligation for shareholders to participate in this case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and fraud [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].