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Kuehn Law Encourages Investors of Twist Bioscience Corporation to Contact Law Firm
Prnewswire· 2025-09-15 17:08
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Twist Bioscience Corporation, alleging that insiders made materially false statements and failed to disclose adverse facts about the company's business and operations [1] Group 1 - The investigation is based on a federal securities lawsuit claiming that insiders at Twist Bioscience overstated the commercial viability of the company's synthetic DNA manufacturing technology [1] - The lawsuit also alleges that the company engaged in accounting fraud and used unsustainable pricing strategies to inflate its financial condition and prospects [1]
DOW INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-09-15 15:12
Core Viewpoint - The Dow class action lawsuit alleges that Dow Inc. and its executives made misleading statements regarding the company's financial health and ability to manage macroeconomic challenges, leading to significant investor losses during the specified class period [3][4][5]. Group 1: Class Action Details - The class action lawsuit is titled Sarti v. Dow Inc., No. 25-cv-12744 (E.D. Mich.), and it involves purchasers of Dow securities from January 30, 2025, to July 23, 2025 [1]. - Investors have until October 28, 2025, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lawsuit claims that Dow overstated its ability to handle macroeconomic and tariff-related challenges, which negatively impacted its business and financial condition [3]. Group 2: Allegations and Financial Impact - The lawsuit alleges that on June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00, which was attributed to ongoing weakness in key markets [4]. - Following this downgrade, Dow's stock price fell by over 3% [4]. - On July 24, 2025, Dow reported a non-GAAP loss per share of $0.42, significantly worse than the expected loss of approximately $0.17 to $0.18, with net sales of $10.1 billion, a 7.3% year-over-year decline [5]. - Dow's CEO attributed the disappointing results to a challenging earnings environment and announced a dividend cut from $0.70 to $0.35 per share, leading to a stock price drop of over 17% [5]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Dow securities during the class period to seek lead plaintiff status [6]. - 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 [7][8].
SNAP INVESTOR NOTICE: Snap Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-13 02:20
Core Viewpoint - A class action lawsuit has been filed against Snap Inc. and its executives for allegedly misleading investors about the company's advertising revenue and growth potential during the specified class period from April 29, 2025, to August 5, 2025 [1][3]. Group 1: Allegations and Impact - The lawsuit claims that Snap's executives created a false impression of reliable information regarding expected advertising revenue while downplaying macroeconomic instability [3]. - On August 5, 2025, Snap reported disappointing second-quarter results, revealing a significant deceleration in advertising revenue, which led to a stock price drop of over 17% [4]. Group 2: Legal Process and Firm Background - Investors who purchased Snap securities during the class period can seek to be appointed as lead plaintiff in the lawsuit, representing the interests of all class members [5]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].
CHTR INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-08-30 01:00
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in the class action lawsuit and is recognized as a leading law firm in securities fraud and shareholder litigation [6]. - The firm has secured over $2.5 billion for investors in securities-related class action cases in 2024, ranking first in monetary relief for investors [6].
Kuehn Law Encourages Investors of Microvast Holdings, Inc. to Contact Law Firm
Prnewswire· 2025-08-28 14:11
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Microvast Holdings, Inc. related to misrepresentation and nondisclosure of critical information affecting shareholders [1]. Group 1: Allegations of Misconduct - Insiders at Microvast allegedly caused the company to misrepresent or fail to disclose that there was a reasonable likelihood of not being awarded the Department of Energy Grant after due diligence [2]. - It is claimed that negotiations for the Grant had ceased and the Grant was rescinded, which was not disclosed to shareholders [2]. - The company is accused of misrepresenting the nature and profitability of its businesses and partnerships, leading to materially misleading positive statements about its operations and prospects [2].
CHTR INVESTOR NOTICE: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-08-25 11:12
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Charter Communications securities during the Class Period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [6].
Shareholder Alert: The Ademi Firm investigates whether Soho House & Co Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-08-19 15:25
Core Viewpoint - The Ademi Firm is investigating SoHo House for potential breaches of fiduciary duty and other legal violations related to its going-private transaction [1] Group 1: Transaction Details - Shareholders of SoHo House will receive $9.00 per share in cash, leading to a total enterprise value of approximately $2.7 billion [2] - Executive Chairman Ron Burkle and Yucaipa Companies will roll their controlling equity interests and maintain majority control of the business [2] - Insiders at SoHo House will receive significant benefits as part of the change of control arrangements [2] Group 2: Investigation Focus - The transaction agreement imposes significant penalties on SoHo House for accepting competing bids, which may limit competing transactions unreasonably [3] - The investigation is centered on the conduct of the SoHo House board of directors and whether they are fulfilling their fiduciary duties to all shareholders [3]
CHTR INVESTOR ALERT: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead the Charter Communications Class Action Lawsuit
Prnewswire· 2025-08-16 00:39
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and covers purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Charter Communications securities during the Class Period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 [6].
Shareholder Alert: The Ademi Firm investigates whether WideOpenWest, Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-08-15 14:47
Core Viewpoint - The Ademi Firm is investigating WideOpenWest for potential breaches of fiduciary duty and other legal violations related to its transaction with DigitalBridge Investments, which involves a significant cash payout to shareholders [1][3]. Transaction Details - Shareholders of WideOpenWest will receive $5.20 per share in an all-cash transaction valued at approximately $1.5 billion [2]. - Crestview, the largest stockholder owning about 37% of WideOpenWest's outstanding shares, will roll over its existing holdings instead of receiving cash [2]. Board Conduct and Shareholder Rights - The transaction agreement imposes significant penalties on WideOpenWest for accepting competing bids, which raises concerns about the board's fulfillment of fiduciary duties to all shareholders [3]. - The investigation focuses on whether the board of directors is acting in the best interests of all shareholders amidst the change of control arrangements that provide substantial benefits to insiders [3].
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Reddit Inc. to Contact Law Firm
Prnewswire· 2025-08-11 21:32
Core Insights - Moore Law, PLLC is investigating potential claims against Reddit Inc. due to allegations of materially false and misleading statements regarding user engagement and advertising revenues [1][2] - The investigation highlights that changes in Google Search's algorithm, particularly features like AI Overview, have led to a significant decline in traffic to Reddit, as users are finding answers directly on Google without visiting Reddit [1] - Reddit's outlook on user rates and advertising revenues is deemed unreasonable due to the impact of these algorithm changes [2] Company Specifics - The investigation focuses on the awareness of Reddit's management regarding the increase in the search term "Reddit" on search engines, which is attributed to users receiving answers from Google rather than intending to visit Reddit [1] - The zero-click search phenomenon is identified as a critical factor that has dramatically reduced traffic to Reddit, creating challenges that the company is currently unable to overcome in the short term [1] Legal Context - Shareholders of Reddit Inc. may seek monetary damages, corporate governance reforms, and reimbursement through the investigation led by Moore Law, with representation offered on a contingency fee basis [2]