NEW YORK, May 03, 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 03, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Viatris Inc. (NASDAQ: VTRS) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Viatris, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/viatris-inc. Investors have until June 3, 2025, to ask the Court to be appointed to lead the case. ...

Core Viewpoint - A lawsuit has been filed against Ready Capital Corporation and its senior executives for potential violations of federal securities laws, focusing on misrepresentation of the company's financial health due to non-performing loans [1][2][4]. Company Overview - Ready Capital is a real estate finance company that specializes in originating, acquiring, financing, and servicing lower-to-middle-market commercial real estate loans, small business administration loans, and other real estate-related investments [3]. Allegations - The lawsuit alleges that the defendants misrepresented the impact of significant non-performing loans in Ready Capital's commercial real estate portfolio, which were adversely affecting the company's financial performance and were unlikely to be collectible [4]. - It is claimed that these non-performing loans were not accurately reflected in the company's current expected credit loss (CECL) or valuation allowances, leading to materially false and misleading financial results [4]. Financial Impact - On March 3, 2025, Ready Capital announced a financial charge of $382 million, which included $284 million related to CECL and valuation allowances on non-performing loans, and a reduction in its dividend to $0.125 per share [5]. - Following this announcement, Ready Capital's stock price fell nearly 27%, from $6.93 per share on February 28, 2025, to $5.07 per share on March 3, 2025 [6].

Core Viewpoint - A lawsuit has been filed against Fluence Energy, Inc. and certain senior executives for potential violations of federal securities laws, alleging misrepresentation of the company's competitive position and financial performance [1][2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, captioned Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until May 12, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Fluence Energy specializes in energy storage products and solutions, delivery services, operational and maintenance services, and digital applications for energy storage and power assets [3]. Group 3: Allegations and Financial Impact - Allegations include that Fluence Energy misrepresented its sales pipeline and backlog, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4]. - A report by Blue Orca Capital revealed that Siemens Energy filed a lawsuit against Fluence Energy for misrepresentations and fraud, which contributed to a significant decline in stock price [5]. - In Q1 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, leading to a 46% drop in stock price to $7.00 per share [6].

Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and March 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin misled investors regarding its financial growth and stability, particularly through the promotion of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Allegations include dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped from $377.06 to $331.00 per share [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 in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and March 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin's management provided misleading information regarding the company's financial growth and stability, particularly related to the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Allegations include that AppLovin engaged in dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped from $377.06 to $331.00 per share, reflecting a significant loss for investors [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 in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs for class members, as compensation may be available without financial obligation [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 as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the mergers of Coeptis Therapeutics Holdings, Inc. and Pacific Premier Bancorp, Inc. [1][2] Group 1: Coeptis Therapeutics Holdings, Inc. - The investigation focuses on Coeptis Therapeutics Holdings, Inc. (NASDAQ: COEP) regarding its merger with Z Squared Inc. [1] - Shareholders of Coeptis are encouraged to learn about their legal rights and options related to the merger [1] Group 2: Pacific Premier Bancorp, Inc. - Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) is being investigated in connection with its sale to Columbia Banking System, Inc. [2] - The sale involves an exchange ratio of 0.9150 of a share of Columbia common stock for each Pacific share [2] - Shareholders of Pacific are urged to understand their rights and options concerning the transaction [2] Group 3: Legal Representation and Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders [3] - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3] - Shareholders can contact the firm for free consultations regarding their legal rights and options [4]

Core Viewpoint - A lawsuit has been filed against The Bancorp, Inc. and its senior executives for potential violations of federal securities laws, alleging misrepresentation of risks associated with its loan portfolio [1][2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Delaware, captioned Linden v. The Bancorp, Inc., et al., No. 25-cv-00326, with investors having until May 16, 2025, to seek lead plaintiff status [2]. - The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Bancorp stock [2]. Group 2: Company Overview - Bancorp is a financial holding company involved in institutional banking, commercial real estate bridge lending, small business lending, and commercial fleet leasing, with its REBL loans primarily collateralized by apartment buildings [3]. Group 3: Allegations of Misrepresentation - The complaint alleges that Bancorp misrepresented the significant risk of default or loss on its REBL loan portfolio and that its credit loss methodology was inadequate [4]. - It is claimed that Bancorp misrepresented the effectiveness of its internal controls over financial reporting, which contained at least one material weakness [4]. Group 4: Stock Performance and Impact - Following a report from Culper Research on March 21, 2024, which highlighted misrepresentations regarding the risks of default on REBL loans, Bancorp's stock price fell over 10%, from $36.04 to $32.12 [5]. - On October 24, 2024, Bancorp reported a net income of $51.5 million, leading to a 14% decline in stock price from $54.96 to $47.01 due to increased credit losses [6]. - On March 4, 2025, Bancorp disclosed inappropriate filings of its Annual Report, causing a 4.4% drop in stock price from $53.59 to $51.25 [7].

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Fluence Energy, Inc. (NASDAQ: FLNC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Fluence Energy, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/fluence-energy-inc. Investors have until May 12, 2025, to ask the Court to be appoi ...

NEW YORK, May 01, 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 ...