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Freeport McMoRan Inc. Investors (FCX) with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-12-20 03:11
Core Viewpoint - The Freeport-McMoRan Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims related to safety issues at its Grasberg mine in Indonesia and subsequent operational impacts [1][3][4]. Group 1: Class Action Details - Purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, can seek appointment as lead plaintiff by January 12, 2026 [1]. - The lawsuit is titled Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.) [1]. - The allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, resulting in a nearly 6% drop in stock price [4]. - Following the incident, on September 24, 2025, it was disclosed that two team members were fatally injured, and production estimates for 2026 could be approximately 35% lower than previously expected, causing a nearly 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted potential strains in Freeport-McMoRan's relationship with the Indonesian government, leading to an additional stock price drop of over 6% [6]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Freeport-McMoRan securities during the Class Period to seek lead plaintiff status [7]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [8].
FFIV INVESTOR ALERT: F5, Inc. Investors with Substantial Losses Have Opportunity to Lead the F5 Class Action Lawsuit
Prnewswire· 2025-12-20 02:55
Core Viewpoint - The F5 class action lawsuit alleges that F5, Inc. and its executives misled investors regarding the company's revenue outlook and growth potential while downplaying risks associated with a significant security incident [3][4]. Group 1: Allegations and Impact - The lawsuit claims that F5 created a false impression of having reliable information about its projected revenue and growth, while in reality, the company was facing a major security incident that jeopardized its clients' security and future prospects [3]. - On October 15, 2025, F5 disclosed a security breach involving a nation-state threat actor, leading to a nearly 14% drop in F5's stock price over two trading days [4]. - Following the release of its fourth quarter fiscal year 2025 results on October 27, 2025, which included significantly below-market growth expectations for fiscal 2026 due to the security breach, F5's stock price fell nearly 11% over two trading days [5]. Group 2: Company Overview - F5 is a global multi-cloud application security and delivery company that enables customers to deploy, secure, and operate applications both on-premises and via public cloud [2]. - The company's highest revenue product, BIG-IP, was directly affected by the security breach, which has led to expected reductions in sales and renewals, elongated sales cycles, and increased expenses for remediation efforts [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased F5 securities during the Class Period to seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [6]. - The lead plaintiff can select a law firm of their choice to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7]. - The firm has been recognized for obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [7].
SLM INVESTOR ALERT: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead the SLM Class Action Lawsuit – RGRD Law
Globenewswire· 2025-12-20 01:22
Core Viewpoint - The SLM class action lawsuit alleges that SLM Corporation, also known as Sallie Mae, and its executives made misleading statements regarding the company's financial health and delinquency rates during the specified Class Period, leading to significant investor losses [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit seeks to represent investors in SLM securities from July 25, 2025, to August 14, 2025 [1]. - The lawsuit is titled Zappia v. SLM Corporation and is filed in the District of New Jersey [1]. - Allegations include that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed to investors [3]. Group 2: Financial Impact - A report from TD Cowen indicated that July 2025 delinquencies increased by 49 basis points month-over-month, which was worse than the seasonal average increase of 10 basis points [4]. - The report contradicted statements made by SLM's CFO, who claimed delinquency rates were following normal seasonal trends [4]. - Following the release of this report, SLM's stock price fell by approximately 8% [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the Class Period to seek appointment as lead plaintiff [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in monetary relief for investors in securities class action cases for four out of the last five years [6]. - Robbins Geller has a significant history of obtaining large recoveries in securities class action lawsuits, including the largest recovery of $7.2 billion in the Enron case [6].
RBLX ALERT: Investigation Launched into Roblox Corporation, RGRD Law Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Globenewswire· 2025-12-20 00:30
Company Overview - Roblox Corporation is a gaming and creation platform [2] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Roblox Corporation [1] - The investigation focuses on whether Roblox and certain top executives made materially false and/or misleading statements or omitted material information regarding the company's business and operations [2] Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm representing investors in securities fraud and shareholder litigation, ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [3] - In 2024, the firm recovered over $2.5 billion for investors in securities-related class action cases, more than the next five law firms combined [3] - The firm has a history of obtaining significant securities class action recoveries, including the largest ever at $7.2 billion in the Enron case [3]
DEADLINE ALERT for FCX, PRGO, JYD, STUB: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
Globenewswire· 2025-12-19 17:00
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific allegations of misleading statements and undisclosed risks impacting their financial performance [1]. Company Summaries Freeport-McMoRan Inc. (NYSE: FCX) - Class Period: February 15, 2022 – September 24, 2025 - Allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to heightened risks of worker fatalities and undisclosed regulatory and reputational risks [2]. Perrigo Company plc (NYSE: PRGO) - Class Period: February 27, 2023 – November 4, 2025 - Allegations focus on significant underinvestment in the infant formula business acquired from Nestlé, requiring substantial capital expenditures for remediation, and overstated financial results [3]. Jayud Global Logistics Limited (NASDAQ: JYD) - Class Period: April 21, 2023 – April 30, 2025 - Allegations include involvement in a fraudulent stock promotion scheme, insider trading activities, and misleading public statements regarding the company's operations and risks [4]. StubHub Holdings, Inc. (NYSE: STUB) - Class Period: September 14, 2025 – November 24, 2025 - Allegations pertain to changes in vendor payment timing adversely affecting free cash flow, leading to materially misleading financial reports [5].
CLASS ACTION REMINDER: Berger Montague Advises Fiserv, Inc. (FISV) (FI) Investors to Inquire About a Securities Fraud Lawsuit by January 5, 2026
TMX Newsfile· 2025-12-19 14:06
Group 1 - A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who purchased shares during the period from July 23, 2025, to October 29, 2025 [1][2] - The lawsuit alleges that Fiserv's July 2025 guidance was misleading, as the company later acknowledged that the assumptions behind the guidance were difficult to achieve [3] - Following the acknowledgment of misleading statements, Fiserv's shares dropped 44% in a single day, from $126.17 on October 28, 2025, to $70.60 on October 29, 2025 [3] Group 2 - Investors have until January 5, 2026, to seek appointment as lead plaintiff representative of the class [2] - Fiserv is a global payments and financial technology company headquartered in Milwaukee, Wisconsin [2] - Berger Montague, the law firm handling the case, has a strong track record in complex litigation and has recovered over $50 billion for clients [4]
Levi & Korsinsky Reminds Skye Bioscience, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 16, 2026 - SKYE
Prnewswire· 2025-12-19 14:00
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Skye Bioscience, Inc. ("Skye Bioscience, Inc." or the "Company") (NASDAQ: SKYE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Skye Bioscience, Inc. investors who were adversely affected by alleged securities fraud between November 4, 2024 and October 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslr ...
Levi & Korsinsky Notifies Telix Pharmaceuticals Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline - TLX
Prnewswire· 2025-12-19 14:00
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Telix Pharmaceuticals Ltd. ("Telix Pharmaceuticals Ltd." or the "Company") (NASDAQ: TLX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Telix Pharmaceuticals Ltd. investors who were adversely affected by alleged securities fraud between February 21, 2025 and August 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https ...
Levi & Korsinsky Notifies Shareholders of Stride, Inc. (LRN) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-12-19 14:00
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Stride, Inc. ("Stride" or the "Company") (NYSE: LRN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stride investors who were adversely affected by alleged securities fraud between October 22, 2024 and October 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/stride-inc-lawsuit-submission-form-3? ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 5, 2026 in Inspire Medical Systems, Inc. Lawsuit - INSP
Prnewswire· 2025-12-19 14:00
WHAT'S NEXT? If you suffered a loss in Inspire Medical Systems, Inc. during the relevant time frame, you have until January 5, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team ...