Group 1 - Pomerantz LLP is investigating claims on behalf of investors of GoHealth, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1] - The U.S. Department of Justice filed a False Claims Act complaint against GoHealth and other health insurance companies, alleging that from 2016 to at least 2021, they paid hundreds of millions of dollars in illegal kickbacks to brokers for enrollments into Medicare Advantage plans [3] - Following the DOJ's lawsuit announcement, GoHealth's stock price dropped by $1.09 per share, a decrease of 10.35%, closing at $9.44 per share on May 1, 2025 [3]

If you purchased or acquired Treace Medical securities, and/or would like to discuss your legal rights and options please visit Treace Medical Concepts, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com. According to the Complaint, Defendants made misrepresentations concerning the impact of competition on demand for, and utilization of, the Company's primary product, the Lapiplasty 3D Bunion Correction System. If you wish to ...

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Arvinas, Inc. and its officers or directors [1] Group 1: Company Developments - On May 1, 2025, Arvinas announced the removal of plans for a Phase 3 first-line combination trial with atirmociclib and a second-line combination trial with a CDK4/6 inhibitor from its joint development plan with Pfizer [3] - The decision to remove these trials was based on a review of emerging information, external data results, the evolving treatment landscape in metastatic breast cancer, and long-term capital allocation [3] - Arvinas also announced a workforce reduction of approximately one-third to streamline operations and enable efficient progression of its portfolio, with completion planned for the second quarter of 2025 [3] - Following this news, Arvinas's stock price fell by $2.39 per share, or 24.84%, closing at $7.23 per share on May 1, 2025 [3]

Group 1 - A class action lawsuit has been filed against Napco Security Technologies, Inc. for alleged securities fraud and unlawful business practices [2][4]. - Investors have until June 24, 2025, to request appointment as Lead Plaintiff if they purchased Napco securities during the Class Period [2]. - Napco reported a significant decline in hardware sales attributed to reduced sales from two major distributors, leading to the withdrawal of its long-term 45% EBITDA margin target [4]. Group 2 - Following the announcement of the financial results, Napco's stock price dropped by $9.77 per share, or 26.62%, closing at $26.93 per share on February 3, 2025 [4].

Core Viewpoint - A class action lawsuit has been filed against ICON Public Limited Company for alleged violations of securities laws, claiming the company made false and misleading statements that led to investor losses [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between July 27, 2023, and October 23, 2024, during which investors are encouraged to contact the Schall Law Firm for participation [2]. - The complaint alleges that ICON's misleading statements were related to its business performance and customer engagements, which were negatively impacted by funding limitations faced by its customer base [4]. Group 2: Company Performance Issues - ICON's Functional Service Provision (FSP) and hybrid models did not safeguard the company from market downturns, leading to contract cancellations and reduced engagements from clients [4]. - The two largest clients of ICON began diversifying their contract research organization (CRO) providers, which further contributed to the company's declining business [4].

NEW YORK, May 05, 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 a ...

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it has filed a lawsuit against Ready Capital Corporation (NYSE: RC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Ready Capital, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ready-capital-corporation. Investors have until May 5, 2025, to ask the Court to be a ...

Group 1 - RH is under investigation for potential violations of federal securities laws, as announced by Bleichmar Fonti & Auld LLP [1] - RH operates primarily in the home furnishings market, offering a variety of products including furniture, lighting, textiles, and outdoor furnishings [2] - Despite claims of accelerated demand, RH was actually facing softening demand and macroeconomic challenges that necessitated delays in new collections [3] Group 2 - On April 2, 2025, RH reported disappointing earnings for FY 2024, citing softening demand and excess inventory estimated between $200 million to $300 million [4] - Following the earnings report, RH's stock price plummeted by 40%, dropping from $249.35 to $149.39 per share within a day [4]

Core Viewpoint - A class action lawsuit has been filed against Avis Budget Group, Inc. for misleading statements regarding its financial health and fleet management practices during the specified Class Period from February 16, 2024, to February 10, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit alleges that Avis Budget implemented a plan to accelerate fleet rotation, which shortened the useful life of its vehicles, leading to billions in impairment charges and substantial losses [5]. - It is claimed that the company's public statements regarding its financial and business prospects were materially false and misleading, resulting in investor damages when the true situation was revealed [5]. Group 2: Class Action Participation - Investors who purchased Avis Budget securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can submit a form online or contact the law firm directly for more information [3][6].

Group 1: Investigation Overview - Bleichmar Fonti & Auld LLP is investigating RH for potential violations of federal securities laws [1] - RH is a luxury lifestyle brand primarily in the home furnishings market, offering a variety of products including furniture and décor [2] Group 2: Company Performance and Market Conditions - During the relevant period, RH claimed accelerated demand despite challenging housing market conditions and indicated a higher level of inventory for downside protection [3] - However, RH was actually experiencing softening demand and macroeconomic challenges that necessitated delays in new collections [3] Group 3: Stock Market Reaction - On April 2, 2025, RH reported disappointing earnings for FY 2024, citing softening demand, an uncertain macroeconomic environment, and excess inventory valued at $200 to $300 million [4] - Following this announcement, RH's stock price plummeted by 40%, dropping from $249.35 per share to $149.39 per share within a day [4]