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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in PubMatic, Inc. of Class Action Lawsuit and Upcoming Deadlines – PUBM
Globenewswire· 2025-10-20 16:02
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. regarding allegations of securities fraud and unlawful business practices [2]. Group 1: Class Action Details - Investors are encouraged to contact Pomerantz LLP if they purchased PubMatic securities during the Class Period, with a deadline to apply as Lead Plaintiff by October 20, 2025 [2]. - A copy of the Complaint related to the class action can be obtained from Pomerantz's website [2]. Group 2: Financial Performance and Impact - On August 11, 2025, PubMatic reported a reduction in ad spend from a top demand side platform (DSP) partner, which negatively impacted its financial outlook [4]. - The CEO of PubMatic indicated that a significant number of clients had shifted to a new platform, creating challenges for the company [4]. - Following the announcement, PubMatic's stock price dropped by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [4].
RGRD Launches Investigation into Jefferies Financial Group, Inc. and Encourages Investors and Potential Witnesses to Contact Firm
Globenewswire· 2025-10-20 13:20
Core Insights - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Jefferies Financial Group Inc., focusing on whether Jefferies and its executives made false or misleading statements or failed to disclose material information to investors [1] Company Overview - Jefferies Financial Group Inc. is a global full-service investment banking and capital markets firm, managing and providing services to various alternative asset management platforms under the Leucadia Asset Management umbrella [2] Recent Developments - On September 29, 2025, The Wall Street Journal reported that First Brands filed for bankruptcy amid accounting questions, with lenders and independent board directors probing potential misrepresentations in financial reporting [3] - Jefferies disclosed that funds managed by its asset-management unit, Point Bonita Capital, are owed approximately $715 million from companies that purchased parts from First Brands [3] - The U.S. Department of Justice has initiated an inquiry into the collapse of First Brands Group, investigating the company's dealings with creditors [3] - Reports indicated that First Brands' former CEO was attempting to refinance nearly $6 billion of corporate loans with Jefferies, without disclosing billions of dollars of off-balance-sheet debt to prospective lenders [3]
JHX SECURITIES NEWS: James Hardie Industries plc Faces a Securities Fraud Investigation after Stock Drops 34% -- Contact BFA Law if You Suffered Losses
Globenewswire· 2025-10-20 12:36
Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, following revelations about its North American sales performance being driven by temporary inventory loading rather than sustainable customer demand [1][3]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [2]. Sales Performance - The company claimed that its "fast[]-growing customers" were a key aspect of its competitive positioning and that its North American business results demonstrated inherent strength [3]. - However, it was revealed that North American net sales declined by 12% in fiscal Q1 2026, attributed to customers returning to normal inventory levels, indicating a lack of sustainable demand [4]. Stock Market Reaction - Following the disclosure of declining sales, James Hardie's stock price fell by $9.79 per share, a decrease of over 34%, from $28.43 on August 19, 2025, to $18.64 on August 20, 2025 [4].
JEF SECURITIES NEWS: Jefferies Financial Group Inc. Faces a Securities Fraud Investigation after Stock Drops 8% -- Contact BFA Law if You Suffered Losses
Globenewswire· 2025-10-20 12:36
Core Viewpoint - Jefferies Financial Group Inc. and its trade finance arm Point Bonita Capital are under investigation for potential violations of federal securities laws following their significant exposure to the bankrupt First Brands Group, LLC [1][2][4]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is investigating whether Jefferies and Point Bonita made materially false and misleading statements to investors regarding their exposure to First Brands [4]. - Jefferies and Point Bonita had approximately $715 million in exposure to First Brands' receivables, which constitutes about 25% of Point Bonita's trade finance portfolio [3]. Group 2: Market Reaction - Following the announcement of their exposure, Jefferies' stock price dropped by $4.66 per share, or approximately 8%, from $59.10 on October 7, 2025, to $54.44 on October 8, 2025 [3]. - Investors are reportedly seeking redemptions from Point Bonita in light of the situation [3]. Group 3: Company Background - Jefferies is an investment banking and capital markets firm, while Point Bonita Capital serves as its trade finance arm [2]. - Both firms were closely associated with First Brands Group, an auto parts supplier that filed for bankruptcy in September 2025 [2].
Zions Bancorporation, National Association (ZION) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Businesswire· 2025-10-17 21:22
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Zions Bancorporation, National Association ("Zions†or the "Company†) (NASDAQ: ZION) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZIONS (ZION), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal righ. ...
PubMatic, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights – PUBM
Globenewswire· 2025-10-17 20:44
Core Viewpoint - A class action securities lawsuit has been filed against PubMatic, Inc. for alleged securities fraud affecting investors between February 27, 2025, and August 11, 2025 [1][2] Group 1: Lawsuit Details - The complaint alleges that PubMatic's management made false statements and concealed significant information regarding a top demand side platform buyer shifting clients to a new platform, leading to reduced ad spend and revenue for PubMatic [2] - The lawsuit claims that the positive statements made by the defendants about PubMatic's business and prospects were materially misleading and lacked a reasonable basis [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 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 strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
MLTX Investor Notice: Robbins LLP Reminds Stockholders of the Securities Fraud Class Action Against MoonLake Immunotherapeutics
Globenewswire· 2025-10-17 20:43
Core Points - A class action has been filed against MoonLake Immunotherapeutics on behalf of investors who purchased its common stock between March 10, 2024, and September 29, 2025 [1] - The allegations include misleading statements regarding the efficacy of MoonLake's drug candidate SLK compared to the FDA-approved drug BIMZELX [2] - On September 28, 2025, MoonLake announced that SLK failed to demonstrate competitive efficacy relative to BIMZELX, resulting in a significant stock price drop of $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [3] Allegations - The complaint states that MoonLake misled investors about the differences between Nanobodies and monoclonal antibodies, specifically regarding SLK's clinical benefits and efficacy [2] - Key points of the allegations include that SLK and BIMZELX target the same inflammatory cytokines, and that SLK's unique structure does not provide a clinical advantage over BIMZELX [2] Next Steps - Shareholders interested in participating in the class action must submit their papers to the court by December 15, 2025, to serve as lead plaintiff [4] - Shareholders can remain absent class members if they choose not to participate in the case [4]
Securities Fraud Investigation Into Zions Bancorporation, National Association (ZION) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-10-17 20:25
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Zions Bancorporation, National Association ("Zions†or the "Company†) (NASDAQ: ZION) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ZIONS (ZION), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 15, 2025, Zions Bancorporation disclosed it had. ...
Securities Fraud Investigation Into Western Alliance Bancorporation (WAL) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-10-17 19:45
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Western Alliance Bancorporation ("Western Alliance†or the "Company†) (NASDAQ: WAL) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON WESTERN ALLIANCE (WAL), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 16, 2025, Western Alliance disclosed i. ...
Securities Fraud Investigation Into Jefferies Financial Group Inc. (JEF) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-10-17 14:00
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into Jefferies Financial Group Inc. regarding potential violations of federal securities laws [1] Company Summary - The investigation is on behalf of investors who may have incurred losses related to Jefferies Financial Group Inc. (NYSE: JEF) [1] - The law firm is encouraging affected investors to inquire about pursuing claims to recover their losses [1]