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DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly Aerospace
Newsfile· 2025-11-26 15:03
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational issues that have negatively impacted the company's stock performance and investor confidence [2][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Firefly Aerospace to contact them regarding their legal options, particularly in light of a federal securities class action filed against the company [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action is January 12, 2026 [2]. Group 2: Financial Performance and Stock Impact - Firefly Aerospace conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [6]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, which was an increase from a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [7]. - Revenue for the second quarter of 2025 was reported at $15.55 million, falling short of analyst estimates of $17.25 million and representing a 26.2% decrease year-over-year [7]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, marking a 49% year-over-year decline [7]. - Following the earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [8]. Group 3: Operational Issues and Further Stock Decline - On September 29, 2025, Firefly disclosed a failure in the first stage of its Alpha Flight 7 rocket, raising concerns about the company's ability to meet commercial launch commitments [9][10]. - This announcement led to a further decline in Firefly's stock price, which fell by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [10].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 29, 2025 in Avantor, Inc. Lawsuit - AVTR
Prnewswire· 2025-11-25 13:45
Core Viewpoint - A class action securities lawsuit has been filed against Avantor, Inc. for alleged securities fraud affecting investors between March 5, 2024, and October 28, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Avantor's competitive positioning was misrepresented, indicating it was weaker than publicly stated [2]. - It is alleged that Avantor faced negative impacts from increased competition, which were not disclosed [2]. - The defendants' statements regarding the company's business operations and prospects are claimed to be materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until December 29, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant compensation for shareholders and is recognized as a leading firm in securities litigation [4]. - The firm has over 20 years of experience and a team of more than 70 employees dedicated to serving clients [4].
Berman Tabacco Announce s Investigation of SelectQuote, Inc. (NYSE:SLQT)
Globenewswire· 2025-11-24 21:28
Core Viewpoint - Berman Tabacco is investigating potential stockholder claims against SelectQuote, Inc. regarding allegations of illegal payments received from health insurance providers [1][2]. Investigation Details - Allegations against SelectQuote were unsealed in May 2025, involving claims that the company received illegal payments totaling over 80 million dollars from Humana and Aetna between 2016 and 2021 [2]. - The complaint suggests that SelectQuote was incentivized to direct customers towards Medicare offerings from these insurance carriers [2]. - It is alleged that senior officers of SelectQuote were personally involved in this scheme, leading to a significant decline of approximately 20% in SelectQuote's shares following the Department of Justice's complaint [2]. Board and Fiduciary Duties - Berman Tabacco is examining whether SelectQuote's board of directors played a role in the alleged scheme and if there were breaches of fiduciary duties by its officers and/or directors [3].
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of StubHub
Businesswire· 2025-11-20 20:33
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against StubHub Holdings, Inc. following a significant drop in its stock price, which closed at approximately $14.87, reflecting a 20.9% decline in a single day [2][4]. Company Overview - StubHub Holdings, Inc. priced its IPO at $23.50 per share on September 18, 2025, with shares initially rising to a peak of $27.89 shortly after listing [3]. - By October 10, 2025, the stock had fallen to $18.89, representing a 19.7% decline from the IPO price [3]. Financial Performance - The company reported first-quarter earnings on November 13, 2025, with revenue of approximately $468 million, marking an 8% year-over-year increase [3]. - Despite the better-than-expected revenue, management did not provide forward guidance for the current quarter or full year, citing unpredictability in ticket on-sale timing [4]. Stock Performance - Following the lack of guidance, StubHub's shares experienced a sharp decline, closing at around $14.87 on November 14, 2025, which was a significant drop of 20.9% in one day [4].
FCX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoran
Globenewswire· 2025-11-20 18:56
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoran Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which resulted in significant investor losses [4][6]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [6]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are encouraged to discuss their legal rights with the firm, with a deadline of January 12, 2026, to seek the role of lead plaintiff in the class action [4][11]. Group 2: Incident Details and Stock Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg mine after an incident trapped seven workers, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [7]. - Following the tragic update on September 24, 2025, that two workers were fatally injured, Freeport's stock fell by $7.69, or 17%, to close at $37.67 per share [8]. - An article published on September 25, 2025, highlighted potential strains in Freeport's relationship with the Indonesian government due to the halt in production, resulting in a further stock decline of $2.33, or 6.2%, to close at $35.34 [9][10].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Stride
Newsfile· 2025-11-19 23:29
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Stride, Inc. due to allegations of securities law violations, urging affected investors to contact them before the January 12, 2026 deadline for lead plaintiff applications in a federal class action lawsuit [2][5]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride and its executives made false or misleading statements and failed to disclose critical information regarding their products and services to educational institutions [5]. - Stride is accused of inflating enrollment numbers, cutting staff costs excessively, ignoring compliance requirements, and losing both existing and potential enrollments [5]. - A report indicated that the Gallup-McKinley County Schools Board of Education filed a complaint against Stride for fraud and deceptive practices, including retaining "ghost students" to secure state funding [6]. Group 2: Stock Price Impact - Following the allegations, Stride's stock price dropped by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025, impacting investors negatively [7]. - On October 28, 2025, Stride reported a limitation in enrollment growth and issues with system implementation, leading to a significant drop in enrollments by approximately 10,000 to 15,000 [8]. - The stock price fell as much as 51% during intraday trading on October 29, 2025, further injuring investors [8].
Investigation Opened on Behalf of Ardent Health, Inc. (ARDT) Shareholders - Contact Levi & Korsinsky
Newsfile· 2025-11-18 21:48
Core Insights - Ardent Health, Inc. is under investigation by Levi & Korsinsky for potential violations of federal securities laws [1] - The company reported a $43 million reduction in revenue and a $54 million increase in professional liability reserves in its Q3 2025 financial results [2] - Following the announcement, Ardent's stock experienced a significant decline during pre-market trading [3] Financial Performance - Ardent Health disclosed a $43 million decrease in revenue due to changes in accounting estimates related to accounts receivable [2] - The company also reported a $54 million increase in professional liability reserves for claims in New Mexico [2] Market Reaction - The announcement of the financial results led to a notable drop in Ardent's common stock during pre-market trading on November 13, 2025 [3]
Securities Lawsuit Alert: Firefly Aerospace Inc. (FLY) Investors - Contact Levi & Korsinsky Before January 12, 2026
Newsfile· 2025-11-18 20:58
New York, New York--(Newsfile Corp. - November 18, 2025) - If you suffered a loss on your Firefly Aerospace Inc. (NASDAQ: FLY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/firefly-aerospace-inc-lawsuit-submission-form?prid=178000&wire=5&utm_campaign=2or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocat ...
Class Action Alert: Levi & Korsinsky Reminds Firefly Aerospace Inc. (FLY) Investors of January 12, 2026 Deadline
Newsfile· 2025-11-17 14:55
Core Viewpoint - A lawsuit has been filed against Firefly Aerospace Inc. alleging that the company made false statements regarding its business prospects and operational readiness, which may have led to financial losses for investors [2][3]. Group 1: Lawsuit Details - The lawsuit represents a class of individuals and entities that purchased Firefly common stock during its initial public offering on August 7, 2025, and those who acquired securities between August 7, 2025, and September 29, 2025 [2]. - The complaint claims that Firefly overstated demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program, which could have a material negative impact on the company [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Firefly Aerospace Inc. stock during the specified timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally-recognized securities litigation firm with a strong track record in securing recoveries for shareholders, having ranked in the Top 50 Report for seven consecutive years [5].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Wildermuth Fund
Newsfile· 2025-11-16 13:03
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In The Wildermuth Fund To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired in The Wildermuth Fund between November 1, 2020 and June 29, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(Newsfile Corp. - Nov ...