Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Elevance Health, Inc. due to a class action lawsuit alleging that the company misled investors regarding the impact of Medicaid redetermination on its financial guidance and cost trends [1][2]. Group 1: Legal Investigation - The law firm is representing long-term stockholders of Elevance who held shares between April 18, 2024, and October 16, 2024, following a class action complaint filed on May 12, 2025 [1]. - The investigation focuses on whether Elevance's board of directors breached their fiduciary duties to the company [1]. Group 2: Allegations in the Lawsuit - The lawsuit claims that Elevance made false or misleading statements about its monitoring of cost trends related to the Medicaid redetermination process [2]. - It is alleged that while Elevance acknowledged rising Medicaid expenses, it misrepresented that these were adequately reflected in its financial guidance for 2024 [2]. - The lawsuit highlights that the redetermination process led to a significant increase in the acuity and utilization of Medicaid members, contrary to the company's assurances [2]. Group 3: Contact Information - Investors seeking more information or wishing to discuss their rights can contact Brandon Walker or Marion Passmore at Bragar Eagel & Squire, P.C. via phone or email [3][6].

SAN DIEGO, July 10, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of WK Kellogg Co (NYSE: KLG) breached their fiduciary duties in connection with the proposed sale of the Company to Ferrero. On July 10, 2025, WK Kellogg Company entered into a definitive agreement with Ferrero pursuant to which Ferrero will acquire all of the outstanding shares of the Company in a go‐private transaction for $23.00 in cash per share—a pri ...

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Compass Diversified due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors during a specified class period [1][2]. Summary by Relevant Sections Lawsuit Details - The class action complaint was filed on June 6, 2025, covering a class period from May 1, 2024, to May 7, 2025 [1]. - Allegations include that Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial reporting, which affected the reliability of the company's overall financial statements [2]. - The lawsuit claims that the company failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [2]. Investor Information - Long-term stockholders of Compass are encouraged to reach out for more information regarding the claims or their rights related to the lawsuit [3].

Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into DexCom, Inc. for potential breaches of fiduciary duties and violations of federal securities laws due to misleading public statements made by certain insiders regarding the company's expansion strategy and market share [1][2]. Summary by Relevant Sections Investigation Details - The investigation focuses on actions taken by DexCom insiders between April 28, 2023, and June 5, 2024, which led to the issuance of false and misleading statements about the company's growth and market position [2]. - DexCom began making corrective disclosures starting April 25, 2024, revealing that its growth and business prospects were significantly lower than previously claimed [2]. - By the final corrective disclosure on July 25, 2024, DexCom's share price had decreased by over 40.6% [2]. Shareholder Rights - Current stockholders who held DexCom stock before April 28, 2023, are encouraged to contact Johnson Fistel to discuss their legal rights regarding the investigation [3].

Group 1 - Johnson Fistel, PLLP is investigating potential breaches of fiduciary duties by current and former directors and officers of Masimo Corporation, focusing on their responsibilities to shareholders and corporate governance obligations [1] - The investigation follows a court ruling from November 5, 2024, which allowed certain claims in a shareholder class action lawsuit to proceed, alleging that Masimo misrepresented the financial performance of Sound United and misled investors about the integration process [2] - Current or long-term shareholders of Masimo Corporation may have legal claims that could be pursued against its leadership to protect and recover shareholder value [3] Group 2 - Johnson Fistel, PLLP is a nationally recognized shareholder rights and securities litigation firm, representing both individual and institutional investors across multiple states [4]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avis Budget Group, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][2]. Summary by Relevant Sections Lawsuit Allegations - The lawsuit claims that Avis Budget made materially false and misleading statements and failed to disclose adverse information regarding its business and operations [2]. - Specific allegations include: - Avis Budget implemented a plan to significantly accelerate fleet rotation in Q4 2024 [2]. - This acceleration shortened the useful life of most vehicles in the Americas segment, reducing their recoverable value [2]. - As a result, Avis Budget would need to recognize billions of dollars in impairment charges and incur substantial losses [2]. - The aforementioned actions had a significant negative impact on the company's financial results [2]. - Consequently, Avis Budget's financial and business prospects were overstated [2]. Contact Information - Long-term stockholders of Avis who have information or questions regarding the claims can contact Bragar Eagel & Squire, P.C. via email or phone [3][6].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Napco Security Technologies, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1] Group 1: Company Performance and Misleading Statements - Napco Security Technologies made false and misleading statements regarding its growth projections based on customer demand for hardware products [2] - The company reported a reduction in sales for hardware products in its second quarter financial results on February 3, 2025, despite previous optimism [2] - The sales shortfall was attributed to reduced sales from two of the company's larger distributors, leading to a retraction of the long-term EBITDA margin target of 45% [2] Group 2: Legal Investigation and Shareholder Rights - The class action complaint has a Class Period from February 5, 2024, to February 3, 2025, during which the company's public statements were deemed materially misleading [2] - Long-term stockholders of Napco are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and the ongoing investigation [3]

Core Points - The Company is convening an extraordinary shareholders' meeting on July 2, 2025, at 2:00 p.m. CET, with an option for remote participation via video conference [2][3] - The agenda includes a proposal to amend the articles of association to allow shareholders holding at least 5% of outstanding shares for three years to nominate directors [5][6] - Shareholders must register by June 18, 2025, and notify the Company of their intention to participate by June 26, 2025 [13][14] Meeting Details - The meeting will be held at the Company's seat, with video conference facilities for remote attendees [2][3] - Attendance registration will begin at 1:45 p.m. CET on the day of the meeting [4] - Voting can be conducted by mail or by proxy, with specific forms required for these processes [17][18] Voting and Participation - Each share entitles the holder to one vote, and decisions require a 75% majority for certain agenda items [28][29] - Shareholders wishing to ask questions must submit them by June 26, 2025, and answers will be provided during the meeting [24] - Documentation related to the meeting is available on the Company's website and can be requested via email [25]

Core Viewpoint - Besra Gold Inc. has issued a statement addressing misleading claims made by Quantum Metal Recovery Inc., emphasizing that Quantum's actions could harm shareholder value and that Besra's independent directors are exploring legal options to counter these misrepresentations [1][2]. Group 1: Misrepresentations and Legal Actions - Quantum has allegedly made material misrepresentations regarding Besra's operations and the status of the Bau Gold Project, which is not yet a producing mine [3][4]. - The lawsuit initiated by Quantum claims that Besra's board has acted oppressively towards Quantum's interests, despite Quantum's nominees having significant representation on the board [4][6]. - Besra's independent directors are concerned about Quantum's attempts to remove them, which they believe could lead to irreversible damage to shareholder value [1][2]. Group 2: Financial Obligations and Project Delays - Quantum has failed to remit funds under the gold purchase agreement (GPA), with a payment of approximately US$9.83 million due in December 2023 not received, leading to legal action from other shareholders [9]. - The renewal of Besra's mining tenements has been delayed, impacting the development of the Bau Gold Project, although renewals were initiated in 2024 [9][10]. Group 3: Governance and Shareholder Meeting - The upcoming special meeting of shareholders is scheduled for June 24, 2025, where critical decisions regarding board composition and governance will be made [2][22]. - Besra's independent directors are urging shareholders to vote against Quantum's nominees and to support the removal of Dato' Lim Khong Soon from the board [21][27]. Group 4: Quantum's Compliance Issues - Quantum has been accused of disregarding corporate and securities laws, including failing to comply with insider reporting obligations despite owning approximately 29.88% of Besra's voting securities [14][16]. - The Securities Commission of Malaysia has previously directed Quantum to cease offering its securities to the public due to legal violations [14].

SAN DIEGO, June 11, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP announces that a class action lawsuit has commenced on behalf of investors of Fortrea Holdings Inc. (NASDAQ: FTRE). The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Fo ...