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Bitfarms Ltd. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – BITF
GlobeNewswire News Room· 2025-05-22 17:45
Core Viewpoint - A class action securities lawsuit has been filed against Bitfarms Ltd. alleging securities fraud that affected investors between March 21, 2023, and December 9, 2024 [1] Group 1: Allegations of Fraud - The lawsuit claims that Bitfarms had inadequate internal controls over financial reporting [2] - It is alleged that the Company misclassified proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [2] - The complaint states that Bitfarms overstated its ability to remediate material weaknesses in its internal controls related to the classification of 2021 Warrants [2] - These errors purportedly led to misstatements in several of the Company's previously issued financial statements, which may need to be restated [2] - As a result, the public statements made by the Company were deemed materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses in Bitfarms Ltd. during the specified timeframe have until July 8, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4]
Investors in Ultra Clean Holdings, Inc. Should Contact Levi & Korsinsky Before May 23, 2025 to Discuss Your Rights – UCTT
GlobeNewswire News Room· 2025-05-22 17:44
Core Viewpoint - A class action securities lawsuit has been filed against Ultra Clean Holdings, Inc. due to alleged securities fraud impacting investors between May 6, 2024, and February 24, 2025 [1][2]. Group 1: Allegations and Company Performance - The lawsuit claims that Ultra Clean misled investors about the demand for its products in the Chinese market, stating that demand was high while concealing issues such as customer ramp problems and inventory corrections [2]. - Reports indicated that Ultra Clean's revenue had doubled due to elevated demand in China, but this was contradicted by later revelations of "demand softness" and decreased demand due to extended qualification timelines [2]. - Following the release of the fourth quarter and full year 2024 fiscal results on February 24, 2025, Ultra Clean's stock price plummeted from $36.06 to $25.90, marking a decline of over 28% in one day [2]. Group 2: Legal Proceedings and Investor Information - Investors who suffered losses during the specified timeframe have until May 23, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members, allowing them to seek compensation without financial obligation [3]. Group 3: Law 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 and consistently ranking among the top securities litigation firms in the U.S. [4].
SoundHound AI, Inc. Class Action: Levi & Korsinsky Reminds SoundHound AI, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 27, 2025 – SOUN
GlobeNewswire News Room· 2025-05-19 17:27
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/soundh ...
Shareholders that lost money on Ibotta, Inc. (IBTA) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-05-19 17:19
NEW YORK, May 19, 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 ...
BIGBEAR.AI HOLDINGS, INC. (NYSE: BBAI) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds BigBear.ai Holdings, Inc. Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-05-19 10:00
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds BigBear.ai Holdings, Inc. ("BigBear" or the "Company") (NYSE: BBAI) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing indiv ...
IBOTTA, INC. (NYSE: IBTA) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Ibotta, Inc. Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-05-19 10:00
Core Viewpoint - A securities fraud class action lawsuit has been filed against Ibotta, Inc. regarding its initial public offering, alleging that the company and its senior officers failed to disclose significant risks associated with a contract with Kroger [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the District of Colorado on behalf of investors who acquired Ibotta securities linked to its April 18, 2024 IPO [3]. - Allegations include violations of the Securities Act of 1933, specifically that Ibotta did not adequately inform investors about the at-will nature of its contract with Kroger, which could be canceled without notice [3][4]. Group 2: Investor Participation - Investors wishing to act as lead plaintiffs must submit their papers by June 16, 2025, although participation as a lead plaintiff is not necessary to share in any potential recovery [5]. - All legal representation in this case is on a contingency fee basis, meaning shareholders will incur no fees or expenses unless there is a recovery [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP, the law firm handling the case, has a history of recovering over $3.5 billion for clients and has represented major public and private pension funds [6]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for sixteen consecutive years [6].
NET Power, Inc. Class Action: Levi & Korsinsky Reminds NET Power, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 17, 2025 – NPWR
GlobeNewswire News Room· 2025-05-13 16:54
NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-lawsui ...
BigBear.ai Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before June 10, 2025 to Discuss Your Rights – BBAI
GlobeNewswire News Room· 2025-05-13 16:47
NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. ("BigBear.ai Holdings" or the "Company") (NYSE: BBAI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1 ...
BBAI LEGAL NOTICE: BigBear.ai Holdings, Inc. Shareholders are Notified of Imminent June 10 Class Action Deadline – Contact BFA Law (NYSE:BBAI)
GlobeNewswire News Room· 2025-05-13 12:41
NEW YORK, May 13, 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. The Stock Declines as the Truth is Revealed Investors have u ...
Levi & Korsinsky Reminds Ibotta Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 16, 2025 - IBTA
Prnewswire· 2025-05-13 09:45
NEW YORK, May 13, 2025 /PRNewswire/ -- 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 Apri ...