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SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Fortrea Holdings Inc. (NASDAQ: FTRE)
GlobeNewswire News Room· 2025-06-19 12:15
Core Viewpoint - A class action lawsuit has been filed against Fortrea Holdings Inc. for alleged violations of the Securities Exchange Act of 1934, specifically regarding misrepresentations about the company's EBITDA targets for 2025 [1][2]. Group 1: Lawsuit Details - The complaint was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Fortrea securities between July 3, 2023, and February 28, 2025 [1]. - The lawsuit alleges that the company and certain senior officers made misrepresentations concerning the company's financial targets [2]. Group 2: Legal Participation - Investors who wish to serve as lead plaintiffs must file necessary documents by August 1, 2025, although participation as a lead plaintiff is not required to share in any potential recovery [3]. - All legal representation in this case is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [3]. Group 3: Firm Background - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has represented both individual investors and large public and private pension funds [4]. - 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" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against MicroStrategy Incorporated (NASDAQ: MSTR)
GlobeNewswire News Room· 2025-06-19 12:15
Core Viewpoint - A class action lawsuit has been filed against MicroStrategy Incorporated, alleging violations of the Securities Exchange Act of 1934 due to misrepresentations about the company's bitcoin-focused investment strategy and treasury operations [1][3]. Group 1: Lawsuit Details - The complaint was filed in the United States District Court for the Eastern District of Virginia on behalf of investors who acquired MicroStrategy securities between April 30, 2024, and April 4, 2025 [1]. - The lawsuit claims that the defendants, including certain senior officers of the company, made false statements regarding the anticipated profitability of the company's investment strategy [3]. Group 2: Legal Participation - Investors who purchased or acquired MicroStrategy securities are encouraged to discuss their legal rights and options, with a deadline to file as lead plaintiff by July 15, 2025 [4]. - Participation in the lawsuit does not require serving as lead plaintiff, and all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Firm Background - Bernstein Liebhard LLP, the law firm representing the investors, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [5].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Open Lending Corporation (NASDAQ: LPRO)
GlobeNewswire News Room· 2025-06-19 12:15
Core Viewpoint - A class action lawsuit has been filed against Open Lending Corporation and certain senior officers for alleged violations of the Securities Exchange Act of 1934, specifically regarding misrepresentations about the company's risk-based pricing models [1][2]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Western District of Texas on behalf of investors who purchased Open Lending securities between February 24, 2022, and March 31, 2025 [1]. - Investors are encouraged to join the class action lawsuit and can contact the Investor Relations Manager for more information [2][3]. Group 2: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large public and private pension funds [4]. - 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" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against DoubleVerify Holdings, Inc. (NYSE: DV)
GlobeNewswire News Room· 2025-06-19 12:15
Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for alleged violations of the Securities Exchange Act of 1934, concerning misrepresentations about the effectiveness of its services and billing practices [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased DoubleVerify common stock between November 10, 2023, and February 27, 2025 [1]. - The complaint alleges that the defendants made false statements regarding the company's web advertisement verification and fraud protection services [3]. Group 2: Legal Process - Investors wishing to serve as lead plaintiffs must file necessary documents by July 21, 2025, although participation as a lead plaintiff is not required to share in any potential recovery [4]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [5]. - 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" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Compass Diversified Holdings (NYSE: CODI)
GlobeNewswire News Room· 2025-06-19 12:15
Core Viewpoint - A class action lawsuit has been filed against Compass Group Diversified Holdings, LLC and its senior officers for alleged violations of the Securities Exchange Act of 1934, related to misrepresentations about financing arrangements and irregularities in financial reporting [1][3]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Central District of California on behalf of investors who acquired Compass securities between May 1, 2024, and May 7, 2025 [1]. - The allegations include misrepresentations concerning unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable of the subsidiary, Lugano Holdings, Inc. [3]. Group 2: Class Action Participation - Investors who purchased Compass securities are encouraged to discuss their legal rights and options, with contact information provided for further inquiries [2]. - Individuals interested in serving as lead plaintiff must file necessary documents by July 8, 2025, although participation as a class member does not require serving as lead plaintiff [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large pension funds [5]. - 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 several consecutive years [5].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Tempus AI, Inc. (NASDAQ: TEM)
GlobeNewswire News Room· 2025-06-19 12:15
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a complaint has been filed in the United States District Court for the Eastern District of Illinois on behalf of investors (the “Class”) who purchased or acquired the common stock of Tempus AI, Inc. (“Tempus” or the “Company”) (NASDAQ: TEM) between August 6, 2024 and May 27, 2025, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and cert ...
Deadline Approaching: Vestis Corporation (VSTS) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Prnewswire· 2025-06-18 20:05
Core Viewpoint - The article discusses a class action lawsuit against Vestis Corporation due to significant stock price decline following disappointing financial results and misleading statements made by the company regarding its growth and revenue guidance [3][4]. Group 1: Financial Performance - On May 7, 2025, Vestis reported its second quarter fiscal 2025 financial results, revising its growth and revenue guidance for 2025, which fell significantly below market expectations [3]. - The company attributed the poor results to "lost business in excess of new business" and "lower adds over stops," indicating a decline in revenue from existing customers [3]. Group 2: Stock Price Impact - Following the release of the disappointing financial results, Vestis's stock price dropped by $3.27, or 37.5%, closing at $5.44 per share on May 7, 2025, resulting in losses for investors [3]. Group 3: Lawsuit Details - The class action lawsuit alleges that during the Class Period, the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and prospects [4]. - Specifically, the lawsuit claims that the company was not equipped to achieve its growth guidance, leading to a significant revenue decline from existing customers, which rendered the defendants' positive statements misleading [4]. Group 4: Legal Actions - Investors who purchased Vestis securities during the Class Period have until August 8, 2025, to file a lead plaintiff motion in the ongoing lawsuit [5].
TEM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Tempus AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-06-18 20:00
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Tempus AI, Inc. (“Tempus” or “the Company”) (NASDAQ: TEM) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Tempus securit ...
RKT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rocket Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-06-18 20:00
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Rocket Companies, Inc. (“Rocket Companies” or “the Company”) (NYSE: RKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ...
Open Lending Corporation (NASDAQ: LPRO) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-06-18 19:11
PHILADELPHIA, June 18, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) on behalf of purchasers of Open Lending securities between February 24, 2022 through March 31, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired Open Lending securities during the Class Period may, no later than JUNE 30, 2025, seek to be appointed ...