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ZBH Investor Notice: Levi & Korsinsky Investigates Zimmer Biomet Holdings, Inc. for Securities Law Violations
Newsfile· 2025-11-11 21:41
Core Insights - Zimmer Biomet Holdings, Inc. reported third-quarter 2025 net sales of $2 billion, which fell short of consensus estimates of $2.01 billion [2] - The company revised its full-year organic revenue growth outlook down to a range of 3.5% to 4%, from a previous range of 3.5% to 4.5% [2] - Weakness was noted in international markets and non-core businesses, with specific challenges in the Middle East and Eastern Europe impacting results [2] - Following the earnings announcement, Zimmer Biomet's stock price dropped over 15% on November 5, 2025 [3] Financial Performance - Net sales for Q3 2025 were reported at $2 billion, missing the expected $2.01 billion [2] - The revised outlook for full-year organic revenue growth is now projected at 3.5% to 4% [2] Market Challenges - The company faced challenges in international markets and non-core businesses, leading to a decline in performance [2] - There were specific issues with distributors and order cancellations in the Middle East and Eastern Europe [2] - Analysts expressed concerns regarding lower-than-expected growth in U.S. knee and hip replacement sales, indicating potential operational control issues [2]
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Simulations Plus, Inc. (NASDAQ: SLP) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-11-11 03:15
Company Overview - Simulations Plus, Inc. provides software and consulting services to support drug discovery and development in the pharmaceutical industry [3]. Allegations of Wrongdoing - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Simulations Plus, stemming from allegations of providing misleading business information to investors [1]. - On April 15, 2025, Simulations Plus hired Grant Thornton as its auditor. Following weak preliminary Q3 results reported in June, the company's stock dropped over 24% to close at $20.05 per share [4]. - On July 14, 2025, Simulations Plus reported a $77.2 million charge related to prior acquisitions and dismissed Grant Thornton, despite the auditor's objections regarding unresolved reporting and internal control issues. This led to a further stock decline of 25.76%, closing at $12.97 per share [4].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Avantor
Businesswire· 2025-11-06 16:40
Core Insights - Faruqi & Faruqi, LLP is investigating potential securities law violations at Avantor, Inc. following disappointing financial results [2][3] - Avantor reported a net loss of $712 million for Q3 2025, primarily due to a non-cash goodwill impairment charge of $785 million, alongside a -5% organic revenue growth [3][4] - The company's stock price dropped over 23%, falling from $15.08 to $11.58 per share after the announcement of the financial results [4] Company Performance - Avantor's Q3 2025 results included a net loss of $712 million, attributed mainly to a goodwill impairment charge [3] - The company experienced a -5% organic revenue growth, which was below the guidance provided earlier in August [3] Market Reaction - Following the announcement of the financial results, Avantor's stock price fell by $3.50 per share, representing a decline of more than 23% [4]
Avantor, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before December 29, 2025 to Discuss Your Rights – AVTR
Globenewswire· 2025-11-05 23:01
Core Viewpoint - The Gross Law Firm is notifying shareholders of Avantor, Inc. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose critical information about the company's competitive position and operational challenges [1][3]. Group 1: Allegations and Class Period - The class period for the allegations is from March 5, 2024, to October 28, 2025 [3]. - Allegations include that Avantor's competitive positioning was weaker than publicly represented, and the company was negatively affected by increased competition [3]. Group 2: Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for December 29, 2025 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [5].
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Kenvue Inc.
Prnewswire· 2025-11-03 21:58
Core Insights - Rowley Law PLLC is investigating potential securities law violations by Kenvue Inc. and its board of directors regarding the proposed acquisition by Kimberly-Clark Corporation [1] - The acquisition deal offers Kenvue stockholders $3.50 and 0.14625 shares of Kimberly-Clark common stock for each share of Kenvue, valuing the transaction at approximately $48.7 billion [1] - The expected closing date for the transaction is in the second half of 2026 [1] Company Specifics - Kenvue Inc. is currently under scrutiny for its proposed acquisition by Kimberly-Clark Corporation, which may involve legal implications for its board of directors [1] - Stockholders of Kenvue are set to receive a combination of cash and stock in Kimberly-Clark as part of the acquisition [1] Industry Context - The investigation by Rowley Law PLLC highlights ongoing legal challenges in corporate acquisitions, particularly concerning compliance with securities laws [1]
The Gross Law Firm Notifies Cytokinetics, Incorporated Investors of a Class Action Lawsuit and Upcoming Deadline - CYTK
Prnewswire· 2025-11-03 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Cytokinetics, Incorporated regarding a class action lawsuit related to misleading statements about the New Drug Application (NDA) for aficamten, which may have led to significant financial losses for investors [1]. Group 1: Allegations and Timeline - The class period for the allegations is from December 27, 2023, to May 6, 2025 [1]. - Defendants allegedly made materially false statements about the expected FDA approval timeline for aficamten, claiming it would be approved in the second half of 2025 based on a September 26, 2025 PDUFA date [1]. - The company failed to disclose risks associated with not submitting a Risk Evaluation and Mitigation Strategy (REMS), which could delay the regulatory process [1]. Group 2: Impact on Shareholders - On May 6, 2025, it was revealed during an earnings call that the company had multiple pre-NDA meetings with the FDA but chose to submit the NDA without a REMS, misleading investors about the regulatory timeline [1]. - As a result of these misleading statements, class members purchased Cytokinetics' common stock at artificially inflated prices and suffered significant losses when the truth was disclosed [1]. Group 3: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by November 17, 2025, to participate in the case without any cost or obligation [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2].
ATYR Shareholder Alert: New aTyr Pharma, Inc. (ATYR) Securities Class Filed; Class Period Significantly Enlarged -- Hagens Berman
Globenewswire· 2025-10-31 18:24
Core Viewpoint - A new class action lawsuit has been filed against aTyr Pharma, Inc. and its executives, expanding the alleged class period for investors who suffered losses due to misleading statements about the drug Efzofitimod [1][2]. Group 1: Class Action Details - The new class action, King v. aTyr Pharma Inc., covers investors who acquired aTyr securities from November 7, 2024, to September 12, 2025, significantly extending the previous class period that began in January 2025 [2][4]. - The lawsuit alleges that aTyr and its executives made false statements regarding the efficacy of Efzofitimod, leading to inflated stock prices [4][7]. Group 2: Allegations and Study Findings - The allegations center around aTyr's Phase 3 study, EFZO-FIT, which aimed to evaluate Efzofitimod's effectiveness in reducing steroid dependency in patients with pulmonary sarcoidosis [5][6]. - Throughout the class period, aTyr executives reportedly expressed confidence in the study's design while allegedly concealing adverse facts about the drug's efficacy [6][7]. Group 3: Market Reaction and Investigation - The truth about the drug's performance was revealed on September 15, 2025, when aTyr announced that the EFZO-FIT study did not meet its primary endpoint, resulting in a dramatic stock price drop from $6.03 to $1.02, an 83.2% decline in one day [8][9]. - Hagens Berman is investigating whether aTyr misled investors regarding the drug's data and trial design, emphasizing its potential multi-billion-dollar market opportunity [10].
BCUCY Investors Have Opportunity to Join Brunello Cucinelli S.p.A. Fraud Investigation with the Schall Law Firm
Globenewswire· 2025-10-29 15:00
Core Viewpoint - The Schall Law Firm is investigating Brunello Cucinelli S.p.A. for potential violations of securities laws related to misleading statements about its business operations in Russia [1][2]. Group 1: Investigation Details - The investigation centers on whether Brunello Cucinelli made false or misleading statements and failed to disclose critical information to investors [2]. - A report by Morpheus Research claims that Brunello Cucinelli falsely stated that its stores in Russia were closed due to legal restrictions on luxury goods sales following the Ukraine invasion, while allegedly continuing to sell products in Russia [2]. - Following the report, Brunello Cucinelli's American Depositary Receipts (ADRs) experienced a significant decline of 17.8% on the same day [2].
Dow Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 28, 2025 to Discuss Your Rights - DOW
Prnewswire· 2025-10-27 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Dow Inc. regarding a class action lawsuit, alleging that the company made materially false and misleading statements about its financial condition and ability to manage macroeconomic challenges during the specified class period [1][2]. Summary by Relevant Sections Allegations - The complaint claims that Dow Inc. overstated its ability to handle macroeconomic and tariff-related challenges, as well as to maintain financial flexibility for its dividend [1]. - It is alleged that the true extent of negative impacts from competitive pressures, declining global sales, and product oversupply was understated [1]. - The public statements made by Dow were deemed materially false and misleading throughout the relevant time frame [1]. Class Period and Registration - The class period for the lawsuit is defined as January 30, 2025, to July 23, 2025 [1]. - Shareholders are encouraged to register for the class action by the deadline of October 28, 2025, to potentially be appointed as lead plaintiffs [2]. Next Steps for Shareholders - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates on the case [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements that inflated stock prices [3].
LifeMD, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before October 27, 2025 to Discuss Your Rights - LFMD
Prnewswire· 2025-10-23 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of LifeMD, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose important information during the class period from May 7, 2025, to August 5, 2025 [1] - Allegations include that LifeMD's competitive position was overstated, and that the company did not properly account for rising customer acquisition costs, particularly in its RexMD segment and for obesity treatment drugs [1] - The deadline for shareholders to register for the class action and seek lead plaintiff status is October 27, 2025 [2] Company Specifics - LifeMD, Inc. is facing allegations of materially false and misleading statements regarding its business operations and prospects, which may have led to an artificial inflation of its stock price [1] - The lawsuit highlights concerns over the company's guidance for 2025, which was deemed reckless given the unaccounted rising customer acquisition costs [1] Legal Context - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3] - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [2]