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Scott+Scott Attorneys at Law LLP Again Alerts Investors of The Pending Class Action Against KinderCare Learning Companies, Inc. (NYSE: KLC)
Globenewswire· 2025-10-03 16:02
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly misleading investors during its October 2024 IPO, claiming that the registration statement failed to disclose significant issues related to child care quality and safety [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the District of Oregon, asserting claims under the Securities Act of 1933 on behalf of investors who purchased KinderCare common stock during the IPO [1]. - The class action is titled Gollapalli v. KinderCare Learning Companies, Inc., et al., Case No. 3:25-cv-01424 (D. Or.) [1]. Group 2: Allegations Against KinderCare - The registration statement for the IPO is alleged to be false and misleading, failing to disclose incidents of child abuse, neglect, and harm at KinderCare facilities [3]. - It is claimed that KinderCare did not provide the "highest quality care possible" and failed to meet basic care standards, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Group 3: Emergence of Issues - Concerns about KinderCare's practices began to surface on April 3, 2025, when a report highlighted failures in child care at the company [4]. - Subsequent articles raised questions about the prevalence of scandals and the adequacy of care provided at KinderCare facilities [4]. Group 4: Stock Performance - On August 12, 2025, the price of KinderCare's common stock was reported at $9.81, a significant decline from its IPO price of $24 less than a year prior [5].
Slide Insurance Holdings Investigation: Johnson Fistel has Commenced an Investigation on Behalf of Slide Insurance Shareholders
Globenewswire· 2025-10-02 15:01
Core Viewpoint - Johnson Fistel, PLLP is investigating potential violations of securities laws by Slide Insurance Holdings, Inc. and its executives regarding misrepresentation or failure to disclose material information to investors [1] Group 1: Company Performance - Shares of Slide Insurance have decreased by over 25% since its IPO in June [2] - A report from Manatee Research claims that Slide's underwriting margins are primarily influenced by claim denials and delays, contradicting the company's previous claims about its "proprietary technology" [2] Group 2: Regulatory Issues - Florida regulators allegedly ordered the removal of three senior executives due to their prior roles at a failed insurer, although these executives remain in their positions [2]
AGILON INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Encourages Investors in Agilon Health, Inc. to Contact the Firm
Globenewswire· 2025-09-30 21:02
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Agilon Health, Inc. for possible violations of federal securities laws following significant leadership changes and financial disclosures that negatively impacted the company's stock price [1][2]. Investigation Details - On August 4, 2025, Agilon Health announced the resignation of its President and CEO, Steven Sell, and released its second-quarter 2025 financial results, withdrawing its full-year 2025 earnings guidance, leading to a more than 27% drop in share price during after-hours trading [2]. - The investigation is centered on whether Agilon failed to disclose material information regarding the leadership transition and guidance withdrawal, which may constitute a violation of federal securities laws [2]. Next Steps - Investors who purchased Agilon shares and experienced losses are encouraged to contact Bragar Eagel & Squire for more information about their rights and potential claims [3].
SLP SHAREHOLDER ALERT: Simulations Plus, Inc. Investors may have been Affected by Fraud -- Contact BFA Law about its Investigation
Globenewswire· 2025-09-26 12:07
Core Insights - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following disappointing financial disclosures and issues with internal controls [1][3]. Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2]. Acquisition and Integration Issues - In June 2024, Simulations Plus acquired Pro-ficiency Holdings, Inc., claiming the acquisition would double its total addressable market and significantly contribute to sales [2][3]. - However, the company appears to have struggled with the integration of Pro-ficiency and lacked effective internal controls over financial reporting [3]. Financial Performance and Stock Impact - On June 11, 2025, Simulations Plus announced disappointing preliminary financial results for Q3 2025, attributing the decline to market uncertainties, leading to a stock price drop of over 24% [4]. - The company reported a $77.2 million charge related to prior acquisitions in its Q3 2025 results, and subsequently dismissed its auditor, Grant Thornton, due to unresolved issues regarding segment reporting and internal controls [5]. - Following these revelations, the stock price fell nearly 26% from $17.47 to $12.97 per share [5].
ANIKA (ANIK) ALERT: Bragar Eagel & Squire, P.C. is Investigating Anika Therapeutics, Inc. on Behalf of Anika Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 21:43
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Anika Therapeutics, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Anika has engaged in unlawful practices that may have led to financial losses for investors [1][2]. - Anika's stockholders who have suffered losses are encouraged to contact the law firm for further discussion on their legal rights [3]. Company Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with a focus on representing individual and institutional investors in complex litigation across various courts in the U.S. [4]. Recent Company Events - On July 30, 2025, Anika announced topline results from a pivotal clinical trial of Hyalofast, which did not meet its pre-specified co-primary endpoints, leading to a significant drop in stock price [6]. - Following the announcement, Anika's stock price fell by $3.06 per share, or 27.42%, closing at $8.10 per share [6].
SLP SECURITIES NEWS: Why did Simulations Plus, Inc. Stock Drop 26%? Investors with Losses Reminded to Contact BFA Law
Globenewswire· 2025-09-22 11:17
Core Viewpoint - Simulations Plus, Inc. is under investigation for potential violations of federal securities laws following disappointing financial results and issues related to its acquisition of Pro-ficiency Holdings, Inc. [1][2][3] Company Overview - Simulations Plus is a software company focused on modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries [2] - The company acquired Pro-ficiency Holdings, Inc. in June 2024, aiming to double its total addressable market and enhance sales [2][3] Financial Performance and Issues - Simulations Plus reported challenges in integrating Pro-ficiency and acknowledged ineffective internal controls over financial reporting [3] - On June 11, 2025, the company announced disappointing preliminary financial results for Q3 2025, attributing the decline to market uncertainties, leading to a stock price drop of over 24% [4] - The company reported a $77.2 million charge related to prior acquisitions in its Q3 2025 financial results and dismissed its auditor Grant Thornton, citing unresolved matters regarding segment reporting and internal controls [5] Stock Market Reaction - Following the announcement of the impairment charge and auditor dismissal, Simulations Plus's stock fell nearly 26% from $17.47 to $12.97 per share [5]
BELLRING BRANDS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of BellRing Brands Inc. (BRBR) Investors
Globenewswire· 2025-09-18 21:03
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against BellRing Brands Inc. regarding possible violations of federal securities laws and unlawful business practices affecting stockholders [2]. Investigation Details - The law firm is reaching out to investors who purchased or acquired BellRing Brands shares and suffered losses, encouraging them to discuss their legal rights and options [1][3]. - The investigation follows a significant drop in BellRing Brands' stock price, which fell nearly 19% after the company announced that certain customers were optimizing their inventories, leading to a slowdown in sales growth to "low-single-digits" for the third quarter of 2025 [6]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with expertise in representing individual and institutional investors in complex litigation across state and federal courts [4].
Snap Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights – SNAP
Globenewswire· 2025-09-18 20:39
Core Viewpoint - The Gross Law Firm is notifying shareholders of Snap Inc. regarding a potential class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined during the reported period [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Snap Inc. provided overly positive statements to investors while concealing material adverse facts about its advertising revenue growth rate, which fell from 9% in Q1 to only 1% in April 2025 [3]. - On August 5, 2025, Snap announced a deceleration in advertising revenue growth, attributing it to issues with its ad platform, the timing of Ramadan, and minor changes [3]. Stock Price Impact - Following the announcement of the financial results on August 5, 2025, Snap's stock price dropped from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [3]. Class Action Details - The class period for the lawsuit is defined as April 29, 2025, to August 5, 2025, with a deadline for shareholders to register for the class action set for October 20, 2025 [4]. - Shareholders who register will receive updates through a portfolio monitoring software regarding the case's status [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].
Charter Communications, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-18 20:38
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Charter Communications, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose material information during a specified class period [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities or options are encouraged to participate [3]. - Shareholders are urged to register for the class action by October 14, 2025, to be eligible for potential recovery [5]. Group 2: Allegations Against Charter Communications - The complaint alleges that Charter failed to manage the impact of the Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [4]. - It is claimed that Charter's operational strategies were inadequate to compensate for the negative effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [4]. - The lawsuit asserts that Charter had no reasonable basis for its positive statements regarding business operations and long-term growth during the class period [4].
AVITA ALERT: Bragar Eagel & Squire, P.C. is Investigating AVITA Medical, Inc. on Behalf of Avita Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-15 21:45
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against AVITA Medical, Inc. for possible violations of federal securities laws and unlawful business practices, particularly related to a significant backlog of unpaid claims affecting the company's financial performance [1][3]. Financial Performance - On August 7, 2025, Avita reported a six-month backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [3]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [3]. - Following the announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [3]. Legal Investigation - The law firm is encouraging investors who suffered losses in Avita to contact them to discuss their legal rights and options [1][4]. - The investigation aims to determine if Avita's actions constituted violations of securities laws, which could have implications for investors [1]. Company Background - AVITA Medical, Inc. is involved in the wound care sector, specifically with its product Recell, which has faced operational challenges due to the backlog of claims [3]. - Bragar Eagel & Squire, P.C. is a recognized law firm that represents investors in complex litigation across various jurisdictions [5].