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$HUBG STOCK LOSS NOTICE: Hub Group Inc. Investigated for Securities Fraud over Financial Restatements, Investors Urged to Contact BFA Law
TMX Newsfile· 2026-02-10 11:48
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws, specifically regarding misrepresentation of transportation costs and accounts payable for the first nine months of 2025 [2]. Company Overview - Hub Group is a major supply chain solutions provider in North America, specializing in transportation and logistics management services [2]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Hub Group misrepresented its financial data, particularly its purchased transportation costs and accounts payable [2]. - The firm is encouraging investors to seek additional information regarding their legal options [5]. Stock Performance - Hub Group's stock experienced a significant decline of over 24% on February 6, 2026, following the announcement of a delay in the release of its fourth quarter and full year 2025 financial results [4]. - The company announced it would restate its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable [3].
$PLUG STOCK LOSS NOTICE: Plug Power Inc. Sued for Securities Fraud over DOE Funding Issues, Investors Urged to Contact BFA Law
TMX Newsfile· 2026-02-10 11:46
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. Legal Proceedings - Investors have until April 3, 2026, to request to lead the case, which is pending in the U.S. District Court for the Northern District of New York, captioned Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. Allegations - The lawsuit claims that Plug Power materially overstated the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance the construction of hydrogen production facilities [4]. Stock Performance - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the announcement of the abrupt departure of its CEO and President [5]. - On November 10, 2025, the stock fell by $0.09 per share (3.4%) after the company suspended activities under the DOE loan program [6]. - A further decline occurred on November 14, 2025, when the stock dropped by $0.48 per share (17.6%) after reports confirmed the suspension of plans to construct hydrogen production facilities, jeopardizing the $1.66 billion DOE loan [7].
RR Investors Have Opportunity to Lead Richtech Robotics Inc. Securities Fraud Lawsuit First Filed by the Rosen Law Firm
Prnewswire· 2026-02-10 02:25
Core Viewpoint - Rosen Law Firm has initiated a class action lawsuit against Richtech Robotics Inc. for securities fraud, alleging that the company made false statements regarding its relationship with Microsoft, which misled investors during the class period from January 27, 2026, to January 29, 2026 [1] Group 1: Lawsuit Details - The class action lawsuit was filed on behalf of purchasers of Richtech Robotics securities during the specified class period [1] - Investors who purchased securities during this time may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - The lawsuit claims that Richtech falsely stated it had a collaborative relationship with Microsoft, which was not true, leading to materially false and misleading statements about the company's business and prospects [1] Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [1] - A lead plaintiff must be appointed by April 3, 2026, to represent the class in the lawsuit [1] - No class has been certified yet, meaning investors are not represented by counsel unless they retain one [1]
DOOR Investors Have Opportunity to Lead Masonite International Corporation Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2026-02-10 00:50
Core Viewpoint - A class action lawsuit has been filed against Masonite International Corporation for allegedly making false and misleading statements regarding acquisition offers and share repurchases, which led to investor losses during the specified class period [5]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Masonite's securities between June 5, 2023, and February 8, 2024, are encouraged to contact the Schall Law Firm before April 7, 2026 [2]. - The class has not yet been certified, meaning potential class members are not currently represented by an attorney [4]. Group 2: Allegations Against Masonite - The complaint alleges that Masonite was aware of multiple acquisition offers from Owens Corning to purchase all outstanding shares while simultaneously initiating share repurchases from investors [5]. - The acquisition offers were at a share price significantly higher than the price at which Masonite was repurchasing shares from current shareholders, indicating that the company's public statements were materially misleading [5]. - As a result of the misleading information, investors suffered damages when the truth about Masonite's situation was revealed [5].
CCO Stock Alert: Halper Sadeh LLC is Investigating Whether Clear Channel Outdoor Holdings, Inc. is Obtaining a Fair Price for its Shareholders
Businesswire· 2026-02-09 23:48
Core Viewpoint - Halper Sadeh LLC is investigating whether Clear Channel Outdoor Holdings, Inc. is obtaining a fair price for its shareholders in the proposed sale to Mubadala Capital and TWG Global for $2.43 per share in cash [1] Group 1: Investigation Details - The investigation focuses on whether Clear Channel and its board violated federal securities laws and/or breached fiduciary duties by failing to obtain the best possible price for shareholders [1] - Concerns include the fairness of the sales process and potential conflicts of interest, as well as the adequacy of disclosed material information for shareholders to evaluate the transaction [1] Group 2: Legal Representation - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, aiming to seek increased consideration, additional disclosures, or other relief for shareholders [1] - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [1]
HUB GROUP, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-02-09 23:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating potential claims against Hub Group, Inc. regarding possible violations of federal securities laws or unlawful business practices [1]. Group 1: Investigation Details - The investigation focuses on whether Hub Group and/or its senior management may have engaged in unlawful activities [1]. - On January 5, 2026, Hub Group disclosed an error that led to an understatement, which is a key aspect of the investigation [1].
KYNDRYL HOLDINGS, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-02-09 23:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Kyndryl Holdings, Inc. ("Kyndryl†or the "Company†) (NYSE:KD). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal ...
BRBR INVESTOR NOTICE: Hagens Berman Scrutinizing BellRing Brands (BRBR) Over Alleged Artificial Growth and $2.9 Billion Value Wipeout
Globenewswire· 2026-02-09 21:47
Core Viewpoint - The lawsuit against BellRing Brands, Inc. alleges that the company and its executives misled investors regarding the true drivers of its sales growth, which was primarily due to retailers hoarding inventory rather than genuine consumer demand [3][5]. Group 1: Allegations and Misleading Statements - The lawsuit claims that BellRing's reported sales growth in 2025 was not reflective of actual consumer demand but was instead driven by retailers stockpiling inventory to avoid previous supply chain shortages [3][7]. - It is alleged that once retailers felt secure about product availability, they began to destock their excess inventory, leading to a significant drop in BellRing's share price [3][7]. - The CFO of BellRing admitted that some retailers were hoarding inventory during a conference call, which contradicted earlier assurances about strong consumer demand [7]. Group 2: Financial Impact and Market Reaction - Following the revelation of disappointing Q2 2025 results, BellRing's share price fell by $14.88, representing a 19% decline [7]. - On August 4, 2025, after reporting a narrowed sales outlook, BellRing's share price dropped by $17.46, a 33% decrease, as analysts expressed skepticism about the company's claims regarding competition and consumption [7]. Group 3: Legal Proceedings and Next Steps - The lead plaintiff deadline for the lawsuit is set for March 23, 2026, and investors who suffered losses during the specified period are encouraged to participate [1][6]. - Hagens Berman, the law firm handling the case, is actively seeking information from whistleblowers who may have non-public information regarding BellRing [8].
KD ALERT: Investigation Launched into Kyndryl Holdings, Inc., RGRD Law Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Globenewswire· 2026-02-09 21:46
Company Overview - Kyndryl is a provider of information technology infrastructure services [2] Recent Developments - On February 9, 2026, Kyndryl announced that its Audit Committee is reviewing cash management practices and related disclosures, including the drivers of the Company's adjusted free cash flow metric, following requests from the SEC [3] - The review has delayed the finalization of the Quarterly Report and the assessment of internal control over financial reporting [3] - Key executive departures were reported, including David Wyshner as Chief Financial Officer and Edward Sebold as General Counsel, effective immediately [3] - Vineet Khurana also stepped down from his position as Senior Vice President and Global Controller, taking on a different role within the Company [3] - Following these announcements, Kyndryl's stock price fell nearly 55% [3]
Ademi LLP Investigates Claims of Securities Fraud against Kyndryl Holdings, Inc.
Prnewswire· 2026-02-09 21:12
MILWAUKEE, Feb. 9, 2026 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Kyndryl (NYSE: KD). The investigation results from inaccurate statements Kyndryl may have made regarding its financial statements, business operations and prospects. Click here to join our investigation or to obtain additional information, or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. The investigation focuses on whether Kyndryl's cash-managemen ...