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STUB ALERT: Kirby McInerney LLP Reminds StubHub Holdings, Inc. Investors of Important Deadline in Class Action Lawsuit
Businesswire· 2025-12-11 23:00
Core Viewpoint - StubHub Holdings, Inc. is facing a securities fraud class action lawsuit due to alleged misleading information in its IPO offering documents, particularly regarding free cash flow and vendor payment timing [2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased securities during StubHub's September 2025 IPO, claiming the company failed to disclose significant changes affecting free cash flow [2]. - Allegations include that the changes in vendor payment timing had a substantial adverse impact on free cash flow, leading to materially misleading reports [2]. Group 2: Financial Impact - In its first earnings report post-IPO on November 13, 2025, StubHub reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease from the previous year's positive $10.6 million [3]. - Following this earnings report, StubHub's stock price dropped by $3.95 per share, approximately 21.0%, from $18.82 to $14.87 [3]. - By November 24, 2025, the stock price further declined to $12.01, nearly 50% below the IPO price of $23.50 per share [4].
Perrigo Company plc Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before January 16, 2026 to Discuss Your Rights – PRGO
Globenewswire· 2025-12-11 22:04
Core Viewpoint - The Gross Law Firm is notifying shareholders of Perrigo Company plc regarding a class action lawsuit due to alleged misleading statements and operational deficiencies related to the company's infant formula business [1][3]. Group 1: Allegations - The complaint alleges that during the class period from February 27, 2023, to November 4, 2025, Perrigo issued materially false and misleading statements [3]. - Specific allegations include significant underinvestment in the infant formula business acquired from Nestlé, necessitating substantial capital and operational expenditures beyond stated cost estimates [3]. - The complaint also highlights significant manufacturing deficiencies in the infant formula facility, leading to overstated financial results, including earnings and cash flow [3]. Group 2: Class Action Details - Shareholders who purchased PRGO shares during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for January 16, 2026 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflate stock prices [5].
INSP Shareholder Notice: $42.04 Stock Drop at Inspire Medical Systems (INSP) Triggers Securities Fraud Lawsuit Over Concealed Medicare Billing Software Failures & Inspire V Inventory Glut
Prnewswire· 2025-12-11 20:20
Core Viewpoint - A securities class action lawsuit has been filed against Inspire Medical Systems, Inc. (NYSE: INSP) for allegedly misleading investors about the operational readiness of its new device, Inspire V, leading to significant financial losses for investors [1][2]. Summary by Relevant Sections Allegations of Misleading Information - Inspire Medical allegedly assured investors of its "operational readiness" for the Inspire V launch, claiming it was ready for full commercial rollout, which concealed critical operational failures [2][4]. - The lawsuit highlights that the necessary software updates for Medicare claims processing did not take effect until July 1, 2025, delaying the rollout and revenue generation [3]. - There was a significant surplus of the older Inspire IV device, which impacted demand for the new Inspire V product, leading to a drastic cut in 2025 EPS guidance by over 80% [3]. Financial Impact - The stock price of Inspire Medical dropped by $42.04 per share, representing a 32.4% decline in value following the revelation of these operational issues [3]. - The lawsuit claims that many treatment centers had not completed the essential training and onboarding required to implant the new device, further complicating the launch [3]. Legal Actions and Investor Rights - Investors who purchased Inspire Medical securities between August 6, 2024, and August 4, 2025, are encouraged to contact Hagens Berman before the January 5, 2026, Lead Plaintiff Deadline to discuss their legal rights [2][4]. - Hagens Berman is focusing on the alleged concealment of critical operational issues, including the Medicare claims software failure and the inventory glut of the prior device [4].
Law Offices of Frank R. Cruz Encourages DeFi Technologies Inc. (DEFT) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2025-12-11 17:07
absorbed or delayed a significant share of arbitrage opportunities over the past year.†LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased DeFi Technologies Inc. ("DeFi†or the "Company†) (NASDAQ: DEFT) securities between May 12, 2025 and November 14, 2025, inclusive (the "Class Period†). DeFi investors have until January 30, 2026 to file a lead plaintiff motion. Law Offices of Frank R. Cruz Encourag ...
Bronstein, Gewirtz & Grossman LLC Urges Perrigo Company plc Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-11 17:00
Core Viewpoint - A class action lawsuit has been filed against Perrigo Company plc and certain officers for alleged violations of federal securities laws during the specified class period from February 27, 2025, to November 4, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Perrigo securities during the class period [2] - The Complaint alleges that Defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's business and operations [3] - Specific allegations include significant underinvestment in the infant formula business acquired from Nestlé, the need for substantial capital expenditures, and manufacturing deficiencies [8] Group 2: Investor Participation - Investors who suffered losses in Perrigo have until January 16, 2026, to request to be appointed as lead plaintiff [3] - Participation in any recovery does not require serving as lead plaintiff [3] Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis, meaning they will only be reimbursed for expenses if successful [4] - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [5]
DHIL Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Diamond Hill Investment Group, Inc. is Fair to Shareholders
Businesswire· 2025-12-11 16:02
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Diamond Hill Investment Group, Inc. to First Eagle Investments at $175.00 per share for Diamond Hill shareholders [1] Group 1: Investigation Details - The investigation focuses on whether Diamond Hill and its board of directors violated federal securities laws and/or breached fiduciary duties by failing to obtain the best possible consideration for shareholders [2] - Concerns include whether First Eagle is underpaying for Diamond Hill and whether all material information necessary for shareholders to assess the merger consideration was disclosed [2] Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [3] - The firm operates on a contingent fee basis, meaning shareholders would not be responsible for out-of-pocket legal fees or expenses [3] Group 3: Firm Background - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Trex Company, Inc. - TREX
Prnewswire· 2025-12-11 15:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Trex Company, Inc. and its officers or directors [1] Financial Performance - On November 4, 2025, Trex reported its third quarter 2025 financial results, which fell short of consensus estimates, showing a 12% decline in net income per share [2] - Trex anticipates a "muted" fourth quarter, expecting channel partners to reduce their inventories for the remainder of the year [2] - Following the financial results announcement, Trex's stock price dropped by $14.61 per share, or 31.1%, closing at $32.43 per share on November 5, 2025 [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alaska Air Group, Inc. - ALK
Prnewswire· 2025-12-11 15:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Alaska Air Group and its officers or directors [1] Group 1: Company Investigation - Pomerantz LLP is representing investors of Alaska Air Group, indicating possible legal issues related to securities fraud [1] - The investigation follows a significant IT outage that led to a systemwide ground stop for Alaska and Horizon Air flights, resulting in operational disruptions [2] Group 2: Stock Market Reaction - Following the announcement of the IT outage, Alaska Air's stock price dropped by $2.86, or 6.13%, closing at $43.77 per share on October 24, 2025 [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CoreWeave, Inc. - CRWV
Prnewswire· 2025-12-11 15:00
NEW YORK, Dec. 11, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  CoreWeave, Inc. ("CoreWeave" or the "Company") (NASDAQ: CRWV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether CoreWeave and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On November 10, 20 ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HelloFresh SE - HELFY; HLFFF
Prnewswire· 2025-12-11 15:00
Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of HelloFresh SE regarding potential securities fraud and unlawful business practices by the company and its executives [1]. Group 1: Allegations and Investigations - Grizzly Research published a report on November 6, 2025, alleging that HelloFresh's business is in sharp decline, with management prioritizing self-enrichment over shareholder interests [2]. - The report claims that customer demand has decreased, while the CEO has extracted cash by using HelloFresh shares as collateral for personal bank loans related to real estate investments managed by his brother [2]. Group 2: Market Reaction - Following the publication of the report, HelloFresh's stock price fell by $0.11 per share, or 6.3%, closing at $1.65 per share on November 6, 2025 [3].