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TMUS Investors Have Opportunity to Join T-Mobile US, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-05-08 22:51
Core Viewpoint - The Schall Law Firm is investigating T-Mobile US, Inc. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Financial Performance - T-Mobile reported Q1 2025 financial results on April 24, 2025, indicating the addition of only 495,000 net postpaid phone customers, which fell short of consensus expectations [2]. - Following the disappointing results, T-Mobile's shares experienced a decline of over 11.2% the next day [2].
EAGLE BANCORP ALERT: Bragar Eagel & Squire, P.C. is Investigating Eagle Bancorp, Inc. on Behalf of Eagle Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-08 01:00
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Bra ...
Kirby McInerney LLP Announces Investigation Against Eagle Bancorp, Inc. (EGBN) on Behalf of Investors
GlobeNewswire News Room· 2025-05-01 22:00
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Eagle Bancorp, Inc. (“Eagle” or the “Company”) (NASDAQ:EGBN). The investigation concerns whether Eagle and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On April 23, 2025, Eagle issued a press release reporting its financial results for the first quarter of 2025. Among other i ...
RH INVESTIGATION: RH (NYSE:RH) Investors with Losses are Urged to Contact BFA Law about its Investigation into the Company
GlobeNewswire News Room· 2025-05-01 12:08
Core Viewpoint - RH is under investigation for potential violations of federal securities laws, following a significant decline in stock price after disappointing earnings reports and revelations about softening demand and excess inventory [1][4]. Company Overview - RH operates as a retailer and luxury lifestyle brand primarily in the home furnishings market, offering a variety of products including furniture, lighting, textiles, and outdoor furnishings [2]. Recent Developments - During a challenging housing market, RH claimed to experience accelerated demand and planned to introduce new collections, but was actually facing softening demand and macroeconomic challenges that necessitated delays in product launches [3]. - On April 2, 2025, RH reported disappointing earnings for FY 2024, citing softening demand, an uncertain macroeconomic environment, and excess inventory valued between $200 million and $300 million [4]. Stock Performance - Following the earnings report, RH's stock price plummeted by 40%, dropping from $249.35 per share on April 2, 2025, to $149.39 per share on April 3, 2025, reflecting investor reaction to the negative news [4].
MOVADO ALERT: Bragar Eagel & Squire, P.C. is Investigating Movado Group, Inc. on Behalf of Movado Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-30 01:00
Core Viewpoint - Movado Group, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices related to misconduct in its Dubai branch, which has led to the need for restating financial statements [1][2]. Group 1: Allegations and Misconduct - In late January 2025, Movado became aware of allegations of misconduct in its Dubai branch, specifically regarding sales practices in the Middle East, India, and Asia Pacific [2]. - The investigation revealed that the former managing director and certain employees engaged in actions that resulted in an overstatement of sales, premature recognition of sales, and underreporting of credit notes owed to customers [2]. - The misconduct occurred over approximately five years, starting from the fiscal year ended January 31, 2021, and involved the use of a third-party warehouse and falsification of documents [2]. Group 2: Financial Impact - Movado announced that its historical consolidated financial statements for the fiscal years ended January 31, 2024, 2023, and 2022, as well as interim periods within fiscal years 2025 and 2024, require restatement [2]. - The restated interim periods for fiscal 2025 will reflect a reduction in operating expenses due to the reversal of certain accruals linked to lower adjusted operating results [2]. - Following the news of the investigation, Movado's stock price fell by $0.25 per share, or 1.81%, closing at $13.56 per share on April 11, 2025 [2]. Group 3: Internal Controls - Movado's management identified a material weakness in internal control over financial reporting, particularly in the risk assessment process related to the lack of functional segregation of duties in the Dubai branch [2].
TTGT Investors Have Opportunity to Join TechTarget, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-04-28 13:06
LOS ANGELES, April 28, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of TechTarget, Inc. ("TechTarget" or "the Company") (NASDAQ: TTGT) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. TechTarget filed a current report on Form 8-K with the SEC on April 18, 2025. ...