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Shareholder Alert: The Ademi Firm continues to investigate whether Mersana Therapeutics Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-16 16:31
MILWAUKEE, Dec. 16, 2025 /PRNewswire/ -- The Ademi Firm continues to investigate Mersana (NASDAQ: MRSN) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Day One Biopharmaceuticals. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the tender offer transaction, Mersana shareholders will receive $25.00 per shar ...
FCX INVESTOR NOTICE: Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-12-14 15:20
Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims related to safety issues at its Grasberg mine in Indonesia and subsequent operational impacts [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it involves purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit alleges that Freeport-McMoRan failed to ensure adequate safety measures at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, resulting in a nearly 6% drop in stock price [4]. Group 2: Incident Impact - Following the September 8 incident, Freeport-McMoRan disclosed that two team members were fatally injured, and production in 2026 could be approximately 35% lower than pre-incident estimates, causing a nearly 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted potential strains in Freeport-McMoRan's relationship with the Indonesian government, leading to an additional stock price drop of over 6% [6]. Group 3: Legal Process - Investors who purchased Freeport-McMoRan securities during the class period can seek appointment as lead plaintiff, representing the interests of the class [7]. - The lead plaintiff will have the authority to select a law firm for litigation, but participation as lead plaintiff is not required for potential recovery [7]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8].
Shareholder Alert: The Ademi Firm investigates whether Destination XL Group Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-12 18:39
Core Viewpoint - The Ademi Firm is investigating DXL for potential breaches of fiduciary duty and other legal violations related to its transaction with FullBeauty Brands Inc. [1] Group 1: Transaction Details - DXL shareholders will own 45% of the merged entity following the transaction [2] - DXL insiders are set to receive substantial benefits as part of change of control arrangements [2] - The transaction agreement imposes significant penalties on DXL for accepting competing bids, which may limit competing transactions [2] Group 2: Investigation Focus - The investigation is centered on the conduct of the DXL board of directors and whether they are fulfilling their fiduciary duties to all shareholders [2]
Shareholder Alert: The Ademi Firm investigates whether Katapult Holdings Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-12 18:31
Core Viewpoint - The Ademi Firm is investigating Katapult for potential breaches of fiduciary duty and legal violations related to its transaction with The Aaron's Company Inc. and CCF Holdings LLC [1] Group 1: Transaction Details - Katapult shareholders will hold 6% of the combined company on a fully diluted basis, while Aaron's and CCF Holdings stakeholders will own the remaining shares [2] - Katapult insiders are set to receive significant benefits as part of the change of control arrangements [2] Group 2: Investigation Focus - The transaction agreement imposes a significant penalty on Katapult if it accepts a competing bid, which may limit competing transactions unreasonably [3] - The investigation is centered on the conduct of Katapult's board of directors and whether they are meeting their fiduciary duties to all shareholders [3]
Shareholder Alert: The Ademi Firm investigates whether Diamond Hill Investment Group Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-11 16:30
MILWAUKEE, Dec. 11, 2025 /PRNewswire/ -- The Ademi Firm is investigating Diamond Hill (Nasdaq: DHIL) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with First Eagle Investments. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Diamond Hill shareholders will receive $175 per share in an all-cas ...
Kuehn Law Encourages Investors of Alexandria Real Estate Equities, Inc. to Contact Law Firm
Newsfile· 2025-12-10 16:22
Kuehn Law Encourages Investors of Alexandria Real Estate Equities, Inc. to Contact Law FirmDecember 10, 2025 11:22 AM EST | Source: Kuehn Law, PLLCNew York, New York--(Newsfile Corp. - December 10, 2025) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Alexandria Real Estate Equities, Inc. (NYSE: ARE) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Alexandria Real Estate caus ...
FCX INVESTOR ALERT: Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Newsfile· 2025-12-09 19:00
San Diego, California--(Newsfile Corp. - December 9, 2025) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Freeport-McMoRan Inc. (NYSE: FCX) publicly traded securities between February 15, 2022 and September 24, 2025, inclusive (the "Class Period"), have until Monday, January 12, 2026 to seek appointment as lead plaintiff of the Freeport-McMoRan class action lawsuit. Captioned Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.), the Freeport-McMoRan class ...
LRN INVESTOR DEADLINE: Stride, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-12-09 17:10
Core Viewpoint - The law firm Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against Stride, Inc. for alleged violations of the Securities Exchange Act of 1934, involving misleading statements and non-disclosure of critical operational issues during the specified class period [1][3]. Summary by Sections Class Action Details - Purchasers or acquirers of Stride, Inc. securities from October 22, 2024, to October 28, 2025, have until January 12, 2026, to seek lead plaintiff status in the class action lawsuit [1]. - The lawsuit is titled MacMahon v. Stride, Inc., No. 25-cv-02019 (E.D. Va.) [1]. Allegations Against Stride - The lawsuit alleges that Stride inflated enrollment numbers by retaining "ghost students," cut staffing costs by overloading teachers, ignored compliance requirements, suppressed whistleblowers, and lost existing and potential enrollments [3]. - A complaint filed by the Gallup-McKinley County Schools Board of Education against Stride included allegations of fraud and deceptive practices, which led to a nearly 12% drop in Stride's stock price [4]. - Following a report on poor customer experience leading to higher withdrawal rates and lower conversion rates, Stride estimated a loss of 10,000-15,000 enrollments, resulting in a more than 54% decline in stock price [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Stride securities during the class period to seek lead plaintiff status, which enables them to act on behalf of other class members [6]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
Shareholder Alert: The Ademi Firm investigates whether Alexander & Baldwin, Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-09 01:48
Core Viewpoint - The Ademi Firm is investigating Alexander & Baldwin for potential breaches of fiduciary duty related to its transaction with MW Group and funds affiliated with Blackstone and DivcoWest [1] Transaction Details - Alexander & Baldwin shareholders will receive $21.20 per share in cash, which equates to an enterprise value of $2.3 billion, inclusive of outstanding debt [2] - Insiders of Alexander & Baldwin are set to gain substantial benefits from change of control arrangements as part of the transaction [2] Board Conduct - The transaction agreement imposes significant penalties on Alexander & Baldwin for accepting competing bids, which may limit the company's ability to explore other offers [3] - The investigation focuses on whether the board of directors of Alexander & Baldwin is fulfilling its fiduciary duties to all shareholders [3]
FCX INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-12-06 03:20
Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to safety issues at its Grasberg mine in Indonesia, which resulted in worker fatalities and significant stock price declines [1][3][5]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it involves purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit alleges that Freeport-McMoRan failed to ensure adequate safety measures at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. - On September 9, 2025, Freeport-McMoRan disclosed a significant incident at the Grasberg mine that restricted evacuation routes for workers, resulting in a nearly 6% drop in stock price [4]. Group 2: Incident and Financial Impact - Following the incident on September 24, 2025, Freeport-McMoRan reported two fatalities and indicated that production in 2026 could be approximately 35% lower than pre-incident estimates, causing a nearly 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government due to the production halt, leading to an additional stock price drop of over 6% [6]. Group 3: Legal Process and Representation - Investors who suffered losses during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [7]. - Robbins Geller Rudman & Dowd LLP is the law firm representing the investors in this class action, known for securing significant monetary relief for investors in securities fraud cases [8].