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Freeport-McMoRan Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - FCX
Prnewswire· 2025-09-25 20:32
Core Viewpoint - The DJS Law Group is investigating claims against Freeport-McMoRan Inc. for potential violations of securities laws related to misleading statements and failure to disclose critical information to investors [1][2]. Investigation Details - The investigation centers on Freeport's declaration of force majeure at its Grasberg mine in Indonesia, which has led to expectations of lower consolidated sales for copper and gold in Q3 [2]. - Production at the Grasberg mine was halted due to a significant flow of wet material that blocked parts of the mine, resulting in the tragic deaths of at least two workers [2]. - Following the announcement, Freeport's shares experienced a sharp decline [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].
Deadline Alert: Lantheus Holdings, Inc. (LNTH) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-25 17:14
LOS ANGELES, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming November 10, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH) securities between February 26, 2025 and August 5, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR LANTHEUS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUIN ...
SINA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Sina Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-25 16:00
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sina Corporation (“Sina” or “the Company”) (NASDAQ: SINA) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sina securities ...
PubMatic, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights - PUBM
Prnewswire· 2025-09-25 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose significant changes affecting the company's revenue and operations [1]. Group 1: Allegations and Impact - The complaint alleges that during the class period from February 27, 2025, to August 11, 2025, PubMatic's management made materially false and misleading statements [1]. - A top demand side platform buyer shifted a significant number of clients to a new platform, which evaluated inventory differently, leading to a reduction in ad spend and revenue for PubMatic [1]. - As a result of these changes, the positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading and lacked a reasonable basis [1]. Group 2: Class Action Details - Shareholders who purchased shares of PUBM during the specified class period are encouraged to register for the class action, with a deadline set for October 20, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2]. - There is no cost or obligation for shareholders to participate in this case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that led to artificial inflation of stock prices [3].
FTNT Investor Notice: Robbins LLP Reminds Investors of the Securities Fraud Class Action Against Fortinet, Inc.
Globenewswire· 2025-09-24 21:49
Group 1 - A class action has been filed against Fortinet, Inc. on behalf of shareholders who purchased stock between November 8, 2024, and August 6, 2025 [1] - Allegations include misrepresentation regarding the impact of unit upgrades for FortiGate firewalls, specifically that it was difficult to predict the number of upgrades needed and that many customers had excess firewall capacity [2] - Following the revelation of these issues, Fortinet's stock price dropped over 22%, from $96.58 on August 6, 2025, to $75.30 on August 7, 2025 [3] Group 2 - Shareholders interested in participating as lead plaintiffs in the class action are encouraged to contact Robbins LLP, with the option to remain absent from the case while still being eligible for recovery [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Synopsys, Inc. - SNPS
Globenewswire· 2025-09-24 20:11
Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Synopsys, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers [1] - Synopsys reported underperformance in its IP business and adopted a conservative outlook for Q4 while still guiding for another year of profitable growth [3] - Following the announcement, Baird downgraded Synopsys's rating from Outperform to Neutral and reduced its price target from $670 to $535 [3] - The stock price of Synopsys fell by $216.59, or 35.84%, closing at $387.78 per share on September 10, 2025, after the news [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Matrix Service Company - MTRX
Globenewswire· 2025-09-24 20:10
Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Matrix Service Company regarding potential securities fraud or unlawful business practices by the company and its officers [1][3] Financial Performance - For the fiscal year 2025 fourth quarter, Matrix reported non-GAAP earnings per share of -$0.28, missing consensus estimates by $0.29 [3] - The company's revenue for the quarter was $216.4 million, which fell short of consensus estimates by $15.85 million [3] - The fourth quarter net income was impacted by a total of $14.9 million due to several issues, including labor cost overruns, contract disputes, unfavorable court decisions, and restructuring costs [3] Stock Market Reaction - Following the announcement of the financial results, Matrix's stock price decreased by $1.98 per share, or 13.89%, closing at $12.27 per share on September 10, 2025 [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Hain Celestial Group, Inc. - HAIN
Globenewswire· 2025-09-24 20:10
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving The Hain Celestial Group, Inc. following disappointing financial results and a significant drop in stock price [1][3]. Financial Performance - On September 15, 2025, Hain reported its financial results for the fourth quarter and fiscal year 2025, acknowledging disappointing performance [3]. - The interim CEO stated that the company is taking decisive actions to optimize cash, deleverage the balance sheet, stabilize sales, and improve profitability [3]. - Following the announcement, Hain's stock price fell by $0.53 per share, or 24.65%, closing at $1.62 per share [3]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Hain investors regarding possible securities fraud or other unlawful practices by the company and its officers/directors [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [2]. Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MediaAlpha, Inc. - MAX
Globenewswire· 2025-09-24 18:08
Core Viewpoint - MediaAlpha, Inc. is under investigation for potential securities fraud and unlawful business practices, following allegations of deceptive advertising and misleading claims regarding health insurance products [1][4]. Group 1: Allegations and Investigations - Wolfpack Research published a report claiming MediaAlpha engaged in consumer fraud, stating that up to 78% of its health insurance lead-buying partners were involved in scams or legal violations [3]. - The Federal Trade Commission (FTC) indicated it was prepared to file a complaint against MediaAlpha for false representations and misleading claims related to health insurance [4]. - MediaAlpha is settling claims with the FTC for $45 million, with allegations that it misled consumers while collecting personal information for telemarketers [5]. Group 2: Stock Price Impact - Following the Wolfpack Research report, MediaAlpha's stock price dropped by $1.92, or 11.84%, closing at $14.29 per share [3]. - After the FTC's announcement, the stock price fell by $4.46, or 27.7%, closing at $11.62 per share [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Soleno Therapeutics, Inc. - SLNO
Globenewswire· 2025-09-24 14:42
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Soleno Therapeutics, Inc. following a negative report on its product Vykat XR, which led to a significant drop in the company's stock price [1][3]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Soleno Therapeutics, Inc. and is looking into claims of securities fraud or other unlawful practices by the company and its officers [1]. - The investigation was prompted by a report from Scorpion Capital that criticized Soleno's only product, Vykat XR, labeling it as overpriced and potentially unsafe for children [3]. Group 2: Stock Price Impact - Following the release of the Scorpion report on August 15, 2025, Soleno's stock price decreased by $5.73 per share, which is a decline of 7.41%, closing at $71.63 per share on the same day [3]. Group 3: Company Background - Soleno Therapeutics, Inc. is a company that has been under scrutiny due to concerns regarding its product and business practices, which may affect investor confidence and market performance [1][3].