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Robbins LLP is Investigating the Officers and Directors of RxSight, Inc. (RXST) to Determine if They Breached Fiduciary Duties Owed to Shareholders
GlobeNewswire News Roomยท 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 Roomยท 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 Roomยท 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 Roomยท 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].
CNC Investors Have Opportunity to Join Centene Corporation Fraud Investigation with the Schall Law Firm
Prnewswireยท 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].
IRBT Class Action Alert: Robbins LLP Reminds Stockholders of the Lead Plaintiff Deadline in the iRobot Corporation Class Action Lawsuit
Prnewswireยท 2025-07-12 00:05
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation, alleging that the company misled investors regarding the impact of the termination of its acquisition by Amazon and the effectiveness of its restructuring plan [1][2][3]. Group 1: Allegations and Company Actions - iRobot and Amazon mutually agreed to terminate the acquisition in January 2024, yet iRobot claimed confidence in its ability to operate successfully as a standalone company [2][3]. - Following the acquisition termination, iRobot announced a restructuring plan, referred to as "iRobot Elevate," aimed at stabilizing the company and focusing on profitability and market share growth [2][3]. - On March 12, 2025, iRobot reported disappointing financial results for Q4 and the full year of 2024, leading to a significant drop in stock price by $3.255 per share, or 51.58%, closing at $3.055 per share [2][3]. Group 2: Financial Stability Concerns - The lawsuit alleges that iRobot overstated the effectiveness of its restructuring plan and that it was unlikely to operate profitably as a standalone entity, raising doubts about its ability to continue as a going concern [3].
KLC Stockholders with Financial Losses Should Contact Robbins LLP for Information About its Investigation into the Officers and Directors of Kindercare Learning Companies, Inc.
Prnewswireยท 2025-07-11 00:45
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]. Group 1: Company Overview - Kindercare Learning Companies, Inc. provides early childhood education and care services in the United States [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there were any violations of securities laws by Kindercare's officers and directors [1]. - Shareholders who have lost money in their investment in Kindercare are encouraged to contact Robbins LLP for more information about their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, having obtained over $1 billion for shareholders [3].
SJM Stockholders Who Suffered Financial Losses Should Contact Robbins LLP About its Investigation into the Officers and Directors of J.M. Smucker Company
Prnewswireยท 2025-07-11 00:44
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: Company Overview - The J.M. Smucker Company manufactures and markets food products across the United States [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any violations of securities laws by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for information regarding their rights [1]. Group 3: Robbins LLP Background - Robbins LLP has been active 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].
BRBR Investors Who Have Suffered Financial Losses Should Contact Robbins LLP About Their Investigation into the Officers and Directors of BellRing Brands, Inc.
Prnewswireยท 2025-07-10 23:50
Group 1 - Robbins LLP is investigating BellRing Brands, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] - BellRing Brands manufactures and sells nutrition products both in the U.S. and internationally [1] - Shareholders who have lost money in their investment in BellRing Brands are encouraged to contact Robbins LLP for more information about their rights [1] Group 2 - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [2] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, having obtained over $1 billion for shareholders [2] Group 3 - Shareholders can sign up for alerts regarding class action settlements or corporate executive wrongdoing related to BellRing Brands [3]
Shareholder Alert: Robbins LLP Informs Investors of the Centene Corporation Class Action
GlobeNewswire News Roomยท 2025-07-09 18:18
Core Viewpoint - A class action lawsuit has been filed against Centene Corporation, alleging that the company misled investors about its business prospects and financial outlook during the specified period [1][2]. Allegations - The complaint claims that Centene's management created a false impression of having 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 figures and increased morbidity, contradicting the company's optimistic reports [2]. Financial Impact - On July 1, 2025, Centene withdrew its 2025 guidance, revealing that its overall 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 on July 2, 2025, marking a decline of over 40% [3].