Securities Fraud
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Deadline Alert: C3.ai, Inc. (AI) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-15 16:00
Core Points - The article highlights the upcoming deadline of October 21, 2025, for investors to file a lead plaintiff motion in a class action lawsuit concerning C3.ai, Inc. [1] - The class action is on behalf of investors who purchased or acquired C3.ai securities during the specified Class Period from February 26, 2025, to August 8, 2025 [1] Company Information - C3.ai, Inc. is identified as a publicly traded company on the NYSE under the ticker symbol AI [1] - The article indicates that investors who suffered losses on their C3.ai investments are encouraged to inquire about pursuing claims to recover their losses [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fluor Corporation - FLR
Globenewswire· 2025-09-14 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Fluor Corporation and its executives following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results and lowered its full-year guidance, attributing the poor performance to rising costs in infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [3]. - Customers are reportedly reducing capital spending, further impacting Fluor's financial outlook [3]. - Following the announcement, Fluor's stock price decreased by $15.35 per share, or 27.03%, closing at $41.42 per share on August 5, 2025 [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Fluor 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 significant damages for victims of securities fraud and corporate misconduct [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cybin Inc. - CYBN
Globenewswire· 2025-09-14 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Cybin Inc. and its officers or directors [1][3]. Group 1: Investigation Details - The investigation is focused on claims made by investors of Cybin Inc. regarding possible violations of federal securities laws [3]. - On September 2, 2025, Cybin announced the resignation of its CEO, Doug Drysdale, which led to a significant drop in the company's stock price by $1.24 per share, or 16.58%, closing at $6.24 per share [3]. Group 2: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in fighting for victims of securities fraud and corporate misconduct [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Quanex Building Products Corporation. - NX
Globenewswire· 2025-09-14 14:00
Core Insights - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Quanex Building Products Corporation and its officers or directors [1] - Quanex reported third-quarter financial results on September 4, 2025, with non-GAAP earnings per share of $0.69, which was $0.15 below consensus estimates [3] - Following the earnings announcement, Quanex's stock price dropped by $2.73, or 13.06%, closing at $18.18 per share on September 5, 2025 [3] Financial Performance - The non-GAAP earnings per share for Quanex in Q3 2025 was $0.69, missing the consensus estimate by $0.15 [3] - The stock price decline of 13.06% indicates a significant market reaction to the earnings miss [3] Management Commentary - The CEO of Quanex highlighted challenges such as macroeconomic uncertainty, low consumer confidence, and operational issues related to the legacy Tyman window and door hardware business in Mexico [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates ClaimsOn Behalf of Investors of Redwire Corporation - RDW
Prnewswire· 2025-09-13 14:00
Core Insights - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Redwire Corporation and its officers or directors [1] Financial Performance - Redwire reported Q1 2025 revenue of $61.4 million, missing consensus estimates by $13.14 million, and reflecting a 30.1% year-over-year decline [2] - The company attributed delays in U.S. government contract awards to leadership transitions at agencies like NASA and budget shifts under the Trump administration [2] - Following the Q1 report, Redwire's stock price fell by $0.75 per share, or 6.63%, closing at $10.56 on May 12, 2025 [2] - For Q2 2025, Redwire revised its revenue outlook to $470 million to $530 million, indicating a 43.2% compound annual growth rate from 2023 to 2025 at midpoint, but reduced from previous guidance [2] - The company also withdrew its adjusted EBITDA forecast for 2025 due to volatility in government contracting and project cost challenges [2] - After the Q2 announcement, Redwire's stock price dropped by $4.23 per share, or 30.87%, closing at $9.47 on August 7, 2025 [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PACS Group, Inc. - PACS
Prnewswire· 2025-09-13 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving PACS Group, Inc. and its officers or directors [1]. Group 1: Company Developments - On September 8, 2025, PACS announced the resignation of Chief Financial Officer Derick Apt due to allegations of accepting high-value items from associated individuals, which violated company policies [2]. - Following the announcement of the CFO's resignation, PACS's stock price dropped by $3.29 per share, representing a decline of 29.08%, closing at $8.03 per share on September 9, 2025 [2]. Group 2: Legal Context - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [3].
LNTH Stockholder Alert: Robbins LLP Reminds Investors of the Securities Fraud Class Action Against Lantheus Holdings, Inc.
Globenewswire· 2025-09-12 19:04
Core Viewpoint - A class action has been filed against Lantheus Holdings, Inc. for allegedly misleading investors regarding the competitive position of its key product, Pylarify, during a specified period [1][2]. Group 1: Allegations and Misleading Statements - The complaint alleges that Lantheus made materially false and misleading statements about Pylarify's competitive position, failing to accurately assess pricing and competitive dynamics [2][3]. - It is claimed that Lantheus did not properly disclose the implications of a price increase in early 2025, which created opportunities for competitive pricing and risked Pylarify's revenue and growth potential [2]. Group 2: Financial Impact and Stock Performance - On August 6, 2025, Lantheus announced disappointing results, revealing an 8.3% year-over-year decline in Pylarify's performance and significantly reduced growth expectations for fiscal year 2025 [4]. - Following this announcement, Lantheus' stock price dropped from $72.83 per share on August 5, 2025, to $51.87 per share on August 6, 2025, marking a decline of approximately 28.8% in one day [4].
PubMatic, Inc. Shareholders Who Lost Money on Their Investment are Encouraged to Contact Johnson Fistel about the Class Action Lawsuit
Globenewswire· 2025-09-12 14:25
Core Viewpoint - A class action lawsuit has been initiated against PubMatic, Inc. on behalf of investors who suffered losses during the specified Class Period from February 27, 2025, to August 11, 2025 [1][2]. Summary by Relevant Sections - **Lawsuit Details** - The lawsuit aims to recover losses for investors who purchased PubMatic securities during the Class Period [1]. - Investors have until October 20, 2025, to seek appointment as lead plaintiff [2]. - **Allegations Against Defendants** - The lawsuit alleges that the Defendants made materially false and misleading statements and failed to disclose adverse facts about PubMatic's business and operations [3]. - Specific allegations include: - A major Demand-Side Platform (DSP) buyer was shifting clients to a new platform, impacting PubMatic's ad spend and revenue [3]. - Defendants' positive statements regarding the company's prospects were misleading and lacked a reasonable basis due to the undisclosed issues [3].
FTNT Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Fortinet, Inc. (NASDAQ: FTNT) Investors with Significant Losses to Contact the Firm
Globenewswire· 2025-09-12 13:53
Core Viewpoint - Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws on behalf of Fortinet investors following disappointing Q2 2025 financial results, which led to stock downgrades by analysts due to concerns over the company's firewall refresh cycle [1][2]. Group 1 - Fortinet reported disappointing second-quarter 2025 financial results on August 6, 2025 [1]. - Following the financial report, Fortinet's stock price fell by $21.28 per share, or 22.03%, closing at $75.30 per share on August 7, 2025 [2]. - Analysts downgraded their ratings on Fortinet's stock due to concerns regarding the company's firewall refresh cycle [1]. Group 2 - Kessler Topaz Meltzer & Check, LLP has a history of prosecuting class actions involving securities fraud and breaches of fiduciary duties, recovering billions for investors [2]. - The firm represents investors, consumers, and whistleblowers, contributing to corporate governance reform [2]. - For further information, Kessler Topaz Meltzer & Check, LLP provides contact details for inquiries regarding the investigation [3].
Johnson Fistel Investigates Simulations Plus Following Reports of Financial and Internal Control Issues
Globenewswire· 2025-09-11 23:45
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Simulations Plus, Inc. regarding possible violations of federal securities laws, particularly related to alleged misrepresentations and omissions by the company and its executives [1] Company Background - Simulations Plus is a software company that serves the pharmaceutical, biotechnology, and chemical industries [3] - In June 2024, the company acquired Pro-ficiency Holdings, Inc., claiming this acquisition would double its total addressable market and serve as a key driver of growth [3] Recent Developments - On June 11, 2025, Simulations Plus announced disappointing preliminary results for Q3 2025, attributing the downturn to "market uncertainties," which led to a stock price drop of over 24%, from $26.44 to $20.05 per share [4] - Following this, on July 14, 2025, the company reported a $77.2 million charge related to prior acquisitions and dismissed its auditor, Grant Thornton LLP, which raised concerns about unresolved issues with segment reporting and internal controls [4] - The dismissal of the auditor and the acknowledgment of unresolved issues caused the stock to fall nearly 26%, from $17.47 to $12.97 per share [4]