Securities Fraud

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Landstar System, Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses
GlobeNewswire News Room· 2025-04-28 19:30
Group 1 - Block & Leviton is investigating Landstar System, Inc. for potential securities law violations following a significant drop in share price [1][2] - Shares of Landstar System, Inc. fell over 3% on April 25 after the company announced a delay in filing its 10-Q and postponement of its earnings release to May 13 due to ongoing evaluation of internal accounting controls and financial reporting related to previous supply chain fraud issues [2] - Investors who have lost money in their Landstar System, Inc. investment are encouraged to contact Block & Leviton for potential recovery options [3][5] Group 2 - Block & Leviton is considering filing an action to recover losses on behalf of investors who have been affected by the company's issues [4] - The firm is recognized as a leading securities class action firm, having recovered billions of dollars for defrauded investors [7] - Whistleblowers with non-public information about Landstar System, Inc. may assist in the investigation and could receive rewards of up to 30% of any successful recovery [6]
BBAI Investors with Losses of $100,000 Have Opportunity to Lead BigBear.ai Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-04-28 18:49
Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for violations of securities laws, alleging that the company made false and misleading statements regarding its financial disclosures [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased BigBear's securities between March 31, 2022, and March 25, 2025, are encouraged to participate in the class action [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against BigBear - The complaint alleges that BigBear failed to maintain adequate accounting review policies for complex transactions [4]. - The company incorrectly believed that the conversion option in its 2026 Convertible Notes qualified for a derivative scope exception, leading to non-compliance with relevant accounting standards [4]. - As a result of these misstatements, BigBear will need to restate its financial statements, which were deemed false and materially misleading during the class period [4].
NSSC Investors Have Opportunity to Lead Napco Security Technologies, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-04-28 13:00
LOS ANGELES, April 28, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Napco Security Technologies, Inc. ("Napco" or "the Company") (NASDAQ: NSSC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 5, 2024, and February 3, 2025, inclusive (the ...
Rocket Lab USA, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before April 28, 2025 to Discuss Your Rights - RKLB
Prnewswire· 2025-04-28 09:45
Core Viewpoint - Rocket Lab USA, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its operations and business prospects during a specified class period [1][2]. Allegations - The lawsuit claims that Rocket Lab's plans for three barge landing tests were significantly delayed [1]. - A critical potable water issue was not scheduled to be resolved until January 2026, which impacted the launch pad preparation [1]. - There is a substantial risk that Rocket Lab's Neutron rocket will not launch in mid-2025 due to the aforementioned delays [1]. - The only contract for the Neutron rocket was made at a discount with an unreliable partner [1]. - The positive statements made by the defendants about the company's business and prospects were materially misleading and lacked a reasonable basis [1]. Class Action Details - The class period for the lawsuit is from November 12, 2024, to February 25, 2025 [1]. - Shareholders are encouraged to register for the class action by the deadline of April 28, 2025, to potentially be appointed as lead plaintiffs [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2].
RC SHAREHOLDER REVIEW: Ready Capital (NYSE:RC) was Sued for Fraud after 27% Stock Drop – Investors are Urged to Contact BFA Law
GlobeNewswire News Room· 2025-04-27 12:20
NEW YORK, April 27, 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 ...
TBBK SHAREHOLDER REVIEW: The Bancorp, Inc. (NASDAQ:TBBK) was Sued for Fraud after 28% Stock Drop – Investors are Urged to Contact BFA Law
GlobeNewswire News Room· 2025-04-27 12:17
NEW YORK, April 27, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against The Bancorp, Inc. (NASDAQ: TBBK) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Bancorp, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/the-bancorp-inc. Investors have until May 16, 2025, to ask the Court to be appointed to lea ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Allbirds, Inc. - BIRD
GlobeNewswire News Room· 2025-04-25 19:18
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Allbirds, Inc. (“Allbirds” or the “Company”) (NASDAQ: BIRD). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Allbirds and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 11, ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of iRobot Corporation - IRBT
GlobeNewswire News Room· 2025-04-25 17:48
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of iRobot Corporation (“iRobot” or the “Company”) (NASDAQ: IRBT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether iRobot and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 12, ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
GlobeNewswire News Room· 2025-04-25 17:31
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Bitfarms and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On December 9, ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Endeavour Silver Corp. - EXK
GlobeNewswire News Room· 2025-04-25 17:14
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Endeavour and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On Apr ...