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Levi & Korsinsky Reminds Skyworks Solutions, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 – SWKS
GlobeNewswire News Room· 2025-05-05 17:32
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud that affected investors between August 8, 2023, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by the company's statements regarding expected revenue for fiscal year 2025, including claims of confidence in expanding its mobile business and investing in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, providing lower-than-expected revenue guidance for Q2, attributing this to an intensified competitive landscape [2]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share on February 6, 2025, marking a decline of over 24% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Levi & Korsinsky Reminds Ibotta, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 16, 2025 – IBTA
GlobeNewswire News Room· 2025-05-05 17:31
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ibotta investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Ibotta securities pursuant and/or traceable to documents issued in connection with Ibotta’s ...
云旗会尹辉直播荐股,杀猪盘骗局
Sou Hu Cai Jing· 2025-05-03 16:37
Group 1 - The core issue revolves around a fraudulent scheme known as "killing the pig," where a live-streaming host named Yin Hui misleads investors by claiming to have insider information and promising profits through stock recommendations [1][3] - Yin Hui's live-streaming sessions exhibit all characteristics of this scam, including establishing a professional image, creating a sense of urgency to follow his advice, and ultimately leading investors to buy stocks before he sells at a profit, leaving them with significant losses [1][3] - The "Yunqi Club" is identified as a non-registered investment entity operated by individuals or small teams, which often evade legal scrutiny and can quickly disappear when issues arise, making it difficult for victims to seek redress [3] Group 2 - Victims have reported that Yin Hui frequently promoted a specific stock, claiming it was about to "explode," and showcased his account's profits during the live streams, which raises concerns about market manipulation and potential illegal stock recommendations [3] - Some investors who followed Yin Hui's advice experienced rapid declines in stock prices, resulting in substantial financial losses, highlighting the risks associated with unverified investment advice [3] - There are calls for regulatory bodies to intervene and investigate Yin Hui and the operators behind this scheme, as well as for live-streaming platforms to enhance content review mechanisms to prevent financial misconduct [3]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Napco Security Technologies, Inc. of Class Action Lawsuit and Upcoming Deadlines – NSSC
GlobeNewswire News Room· 2025-04-29 18:17
Core Viewpoint - A class action lawsuit has been filed against Napco Security Technologies, Inc. for alleged securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Napco and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors have until June 24, 2025, to request to be appointed as Lead Plaintiff if they purchased Napco securities during the Class Period [2]. Group 2: Financial Performance - On February 3, 2025, Napco reported a significant reduction in hardware sales, primarily due to decreased sales from two larger distributors [4]. - Following the announcement of the sales decline, Napco withdrew its long-term 45% EBITDA margin target [4]. - Napco's stock price fell by $9.77 per share, or 26.62%, closing at $26.93 per share on February 3, 2025 [4].
Shareholders that lost money on BigBear.ai Holdings, Inc. (BBAI) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-04-29 17:14
Core Viewpoint - A class action securities lawsuit has been filed against BigBear.ai Holdings, alleging securities fraud that affected investors between March 31, 2022, and March 25, 2025 [1]. Group 1: Lawsuit Details - The complaint claims that BigBear.ai Holdings made false statements and concealed deficiencies in accounting review policies related to complex transactions [2]. - It is alleged that the company incorrectly determined the derivative scope exception for the 2026 Convertible Notes, failing to bifurcate the conversion option as required [2]. - The misstatements in financial statements are expected to necessitate restatements, increasing the risk of delays in filing financial reports with the SEC [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 10, 2025, to request appointment as lead plaintiff, although participation does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record in securing compensation for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Ibotta, Inc. (IBTA) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-04-29 16:00
Core Viewpoint - Investors with significant losses in Ibotta, Inc. have the opportunity to lead a securities fraud class action lawsuit against the company due to undisclosed contract terms related to its clients [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that Ibotta failed to disclose critical information regarding its contracts, specifically that Kroger's contract was at-will, allowing for cancellation without warning [3]. - The complaint highlights that despite detailed explanations of the contract with Walmart, there was no warning about the at-will nature of the Kroger contract, leading to misleading statements about the company's business prospects [3]. Group 2: Participation Information - Investors who suffered losses in Ibotta are encouraged to contact the Law Offices of Howard G. Smith before June 16, 2025, to participate in the ongoing lawsuit [2][4]. - Individuals interested in learning more about the class action or their rights can reach out via email or phone, or visit the law firm's website [4][5].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Ibotta, Inc.(IBTA) Shareholders
Prnewswire· 2025-04-29 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Ibotta securities and were negatively impacted by the alleged fraud [2]. - The complaint alleges that Ibotta failed to disclose the at-will nature of its contract with Kroger, which could allow Kroger to terminate the contract without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not adequately warn investors about the risks associated with the Kroger contract [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no costs or obligations for class members [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
APP INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-04-27 16:15
Core Viewpoint - The AppLovin Corporation is facing a class action lawsuit for allegedly misleading investors regarding its advertising practices and financial performance during the specified class period from May 10, 2023, to February 25, 2025 [1][3]. Group 1: Allegations and Impact - The lawsuit claims that AppLovin created a false impression of its AXON 2.0 digital ad platform and AI technologies, suggesting they would enhance ad matching efficiency and expand into new markets [3]. - It is alleged that AppLovin engaged in manipulative practices, including exploiting advertising data from Meta Platforms and inflating installation numbers through a "backdoor installation scheme," which misrepresented its profit figures [3][4]. - Following the revelation of these practices on February 26, 2025, AppLovin's share price dropped by over 12% [4]. Group 2: Legal Process and Representation - Investors who purchased AppLovin securities during the class period can seek to be appointed as lead plaintiff in the lawsuit, representing the interests of the class [5]. - The lead plaintiff is typically the investor with the greatest financial interest and must be typical and adequate of the class [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [6]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [6].
VTRS SHAREHOLDER REVIEW: Viatris Inc. (NASDAQ:VTRS) was Sued for Fraud after 15% Stock Drop – Investors are Urged to Contact BFA Law
GlobeNewswire News Room· 2025-04-27 12:20
Core Viewpoint - A lawsuit has been filed against Viatris Inc. and certain senior executives for potential violations of federal securities laws, stemming from misleading statements regarding the company's operational status and the impact of a failed FDA inspection on its financial performance [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Western District of Pennsylvania, titled Quinn v. Viatris Inc., et al., No. 25-cv-466, with investors having until June 3, 2025, to seek lead plaintiff status [2]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Viatris securities [2]. Group 2: Company Background and Allegations - Viatris is a global healthcare company that provides medicines to approximately 1 billion patients across over 165 countries [3]. - The complaint claims that Viatris misrepresented the condition of its facilities, stating they were in "good operating condition" and suitable for their intended purposes, while downplaying the significance of a Warning Letter from the FDA following a failed inspection at its Indore, India facility [3][4]. Group 3: Financial Impact - The failed FDA inspection has had a substantial negative impact on Viatris's financial results, hindering the company from manufacturing and distributing key products, including Lenalidomide [4]. - Following the release of Q4 2024 results on February 27, 2025, Viatris disclosed that the inspection's repercussions would lower 2025 revenue by approximately $500 million and earnings from operations by about $385 million [5]. - The stock price of Viatris fell roughly 15% on February 27, 2025, dropping from $11.24 to $9.53 per share in response to the negative news [5].
BBAI SHAREHOLDER REVIEW: BigBear.ai Holdings, Inc. (NYSE:BBAI) was Sued for Fraud after 15% Stock Drop – Investors are Urged to Contact BFA Law
GlobeNewswire News Room· 2025-04-27 12:19
NEW YORK, April 27, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against BigBear.ai Holdings, Inc. (NYSE: BBAI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in BigBear.ai, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/bigbearai-holdings-inc. Investors have until June 10, 2025, to ask the Court to be ...