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Bronstein, Gewirtz & Grossman LLC Urges monday.com Ltd. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-03-11 16:00
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against monday.com Ltd. (NASDAQ: MNDY) and certain of its officers. 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 monday.com securities between September 17, 2025 and February 6, 2026, bot ...
BRBR 12-DAY DEADLINE ALERT: Hagens Berman Scrutinizing BellRing Brands (BRBR) Over Alleged Artificial Growth and $2.9 Billion Value Wipeout
Globenewswire· 2026-03-11 15:28
Core Viewpoint - The lawsuit against BellRing Brands, Inc. alleges that the company and its executives misled investors regarding the true drivers of its sales growth, which was primarily due to retailers hoarding inventory rather than genuine consumer demand [3][5]. Company Overview - BellRing Brands, Inc. is facing a securities fraud lawsuit that claims misleading statements were made about the sustainability and drivers of its sales growth, as well as the competitive landscape affecting demand for its products [5][6]. Sales Growth Misrepresentation - The lawsuit contends that the reported sales growth in 2025 was artificially inflated due to retailers stockpiling inventory to prevent shortages, rather than reflecting actual consumer demand [3][7]. - Following the realization that product shortages were resolved, retailers began to destock their excess inventory, leading to a significant drop in BellRing's share price [7]. Market Reaction - On May 6, 2025, after disappointing Q2 results, BellRing's CFO acknowledged that some retailers had been hoarding inventory, which resulted in a 19% drop in share price [7]. - The Q3 results on August 4, 2025, further revealed a narrowed sales outlook, causing a 33% decline in share price as analysts expressed skepticism about the company's consumption versus shipment dynamics [7]. Legal Proceedings - The lead plaintiff deadline for the lawsuit is set for March 23, 2026, and investors who suffered losses from November 19, 2024, to August 4, 2025, are encouraged to participate [6][7].
$EOSE Lawsuit: Eos Energy Enterprises Sued for Securities Fraud; Investors Should Contact Block & Leviton to Possibly Recover Losses
Globenewswire· 2026-03-11 13:47
Core Viewpoint - A securities fraud lawsuit has been filed against Eos Energy Enterprises, Inc. and certain executives following a significant drop in share price after disappointing financial results [1]. Financial Performance - Eos Energy's shares fell over 35% on February 26, 2026, after reporting Q4 revenue of $58.0 million, which was significantly below analyst estimates of approximately $93 million [2]. - The company reported a Q4 gross loss of $54.4 million and a full-year adjusted EBITDA loss of $219.1 million, with FY25 revenue at $114.2 million [2]. - Eos Energy reached its targeted 2 GWh annualized production capacity five weeks later than planned, and the CEO expressed disappointment in not meeting revenue expectations [2]. Allegations in the Lawsuit - The lawsuit alleges that Eos Energy failed to disclose several critical issues, including: 1. Inability to achieve the ramp in production and capacity utilization required to meet guidance [2]. 2. Battery line downtime exceeding industry norms and internal forecasts [2]. 3. Delays in automated bipolar production hitting quality targets [2]. 4. Inadequate systems and processes that hindered accurate guidance and timely disclosures [2]. 5. Misleading positive statements regarding the company's business and prospects [2]. Eligibility for Investors - Investors who purchased Eos Energy common stock between November 5, 2025, and February 26, 2026, and experienced a loss may be eligible to participate in the lawsuit [3]. Next Steps for Investors - The deadline to seek appointment as lead plaintiff is May 5, 2026, and a class has not yet been certified [4]. - Investors can choose to remain absent class members if they take no action [4]. Whistleblower Information - Individuals with non-public information about Eos Energy are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [5]. Firm Background - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [6].
INVESTOR ALERT: Enphase Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class – RGRD Law
Globenewswire· 2026-03-11 13:45
Core Viewpoint - Enphase Energy, Inc. is facing a class action lawsuit for allegedly making false statements and failing to disclose critical information regarding its financial and operational prospects during a specified class period [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Tripathi v. Enphase Energy, Inc., and it involves purchasers of Enphase Energy securities from April 22, 2025, to October 28, 2025 [1]. - Investors have until April 20, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Enphase Energy overstated its ability to manage channel inventory and mitigate the effects of the termination of the Residential Clean Energy Credit [3]. Group 2: Financial Impact and Stock Performance - On October 28, 2025, Enphase Energy reported third-quarter financial results, indicating that elevated channel inventory would lead to lower battery storage shipments in the fourth quarter of 2025 [4]. - The expiration of the 25D Credit is expected to negatively impact revenues for the first quarter of 2026 [4]. - Following the announcement, Enphase Energy's stock price fell by more than 15% [4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Enphase Energy 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]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 [6]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years [6]. - Robbins Geller is recognized for obtaining some of the largest securities class action recoveries in history [6].
INVESTOR NOTICE: Camping World Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-03-11 13:08
Core Viewpoint - The Camping World Holdings, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding inventory management and retail demand, leading to significant financial losses for investors [1]. Group 1: Lawsuit Details - The class action lawsuit, titled Siverd v. Camping World Holdings, Inc., covers investors who purchased securities between April 29, 2025, and February 24, 2026 [1]. - Allegations include that Camping World overstated its inventory management capabilities and retail demand, which negatively impacted gross profit and margins [1]. - The lawsuit claims that inadequate systems prevented accurate disclosures about the company's financial health and management of expenses [1]. Group 2: Financial Impact - On October 28, 2025, Camping World reported a new vehicle revenue of $766.8 million for Q3 2025, a decrease of $58.1 million, or 7.0%, with a gross margin drop of 81 basis points [1]. - Following the Q3 results announcement, Camping World shares fell nearly 25% [1]. - On February 24, 2026, the company announced a pause on its quarterly cash dividend and reported implementing strict inventory management objectives, leading to a further share price decline of over 16% [1]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Camping World securities during the class period to seek appointment as lead plaintiff [1]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [1]. - An investor's potential recovery is not contingent on serving as lead plaintiff [1].
Aardvark Therapeutics, Inc. Investigated by the Portnoy Law Firm
Globenewswire· 2026-03-11 13:00
Core Viewpoint - Aardvark Therapeutics, Inc. is under investigation for possible securities fraud following a significant drop in its stock price due to the suspension of its Phase 3 HERO trial, which has raised concerns about the company's future prospects [1][3]. Group 1: Company Overview - Aardvark Therapeutics, Inc. is listed on NASDAQ under the ticker AARD [1]. - The company announced a "voluntary pause" in its Phase 3 Hunger Elimination or Reduction Objective (HERO) trial due to "reversible cardiac observations" identified during safety monitoring [3]. Group 2: Stock Performance - Aardvark's stock price fell by $7.02 per share, or 56.2%, closing at $5.47 per share on March 2, 2026, resulting in significant losses for investors [3]. - The stock's decline was triggered by the announcement regarding the suspension of the HERO trial [3]. Group 3: Legal Actions - The Portnoy Law Firm has initiated an investigation into Aardvark for potential securities fraud and may file a class action on behalf of investors [1]. - Investors are encouraged to contact the law firm for legal rights discussions and to explore options for recovering losses [2].
CORT LAWSUIT ALERT: Levi & Korsinsky Notifies Corcept Therapeutics Incorporated Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2026-03-11 13:00
Core Viewpoint - A class action lawsuit has been filed against Corcept Therapeutics Incorporated, alleging securities fraud related to misleading statements about the FDA's feedback on the company's drug relacorilant [1]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by alleged securities fraud between October 31, 2024, and December 30, 2025 [1]. - The complaint claims that Corcept Therapeutics made false statements regarding their interactions with the FDA and the approval prospects of the relacorilant NDA [1]. - The FDA had expressed concerns about the adequacy of the program assessing relacorilant's effectiveness, which was not disclosed by the company [1]. Group 2: Investor Information - Investors who suffered losses during the relevant timeframe have until April 21, 2026, to request appointment as lead plaintiff [1]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [1]. - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [1].
Class Action Filed Against NuScale Power Corporation (SMR) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2026-03-11 13:00
Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation, alleging securities fraud that affected investors between May 13, 2025, and November 6, 2025 [1] Group 1: Allegations of Fraud - The lawsuit claims that NuScale made false statements regarding ENTRA1 Energy LLC, asserting that ENTRA1 had no significant experience in building or operating nuclear power projects [1] - It is alleged that NuScale entrusted its commercialization and deployment of its Power Modules to ENTRA1, which lacked the necessary experience in nuclear energy generation [1] - The complaint indicates that the qualifications attributed to ENTRA1 were actually related to the Habboush Group, another entity without significant nuclear power experience [1] - As a result of these misrepresentations, NuScale's commercialization strategy faced undisclosed risks, including potential failures, delays, and regulatory challenges [1] Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until April 20, 2026, to request to be appointed as lead plaintiff in the case [1] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [1] Group 3: Law Firm Background - Levi & Korsinsky, the law firm representing the investors, has a history of securing significant recoveries for shareholders and is recognized as one of the top securities litigation firms in the United States [1]
Class Action Filed Against Ostin Technology Group Co., Ltd. (OST) - April 17, 2026 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2026-03-11 13:00
Group 1 - A class action securities lawsuit has been filed against Ostin Technology Group Co., Ltd. (NASDAQ: OST) for alleged securities fraud occurring between May 11, 2025, and June 26, 2025 [1] - The lawsuit claims that defendants made false statements and conspired to artificially inflate OST's stock price through the manipulation of shares obtained via a registered direct offering and a warrant exchange agreement [1] - Investors affected by the alleged fraud have until April 17, 2026, to request to be appointed as lead plaintiff in the case, with no out-of-pocket costs for class members [1] Group 2 - The law firm Levi & Korsinsky, LLP, which has a strong track record in securities litigation, is representing the investors in this case [1] - The firm has secured hundreds of millions of dollars for shareholders over the past 20 years and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [1]
INVESTOR NOTICE: Driven Brands Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead the Eos Energy Class Action Lawsuit
Prnewswire· 2026-03-11 12:30
Core Viewpoint - Driven Brands Holdings Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with significant financial misstatements impacting its stock value [1][3][4]. Summary by Sections Class Action Lawsuit Details - The class action lawsuit, titled Clark v. Driven Brands Holdings Inc., allows purchasers of Driven Brands common stock from May 9, 2023, to February 24, 2026, to seek lead plaintiff status by May 8, 2026 [1]. - The lawsuit alleges that Driven Brands and certain executives made false or misleading statements and failed to disclose critical financial errors [3]. Allegations of Financial Misstatements - Key allegations include: - Errors in lease recording affecting right of use assets and liabilities as of December 28, 2024, and September 27, 2025 [3]. - Misreporting of cash balances and operating cash flows, leading to overstatements of cash and revenue, and understatement of expenses for fiscal years 2023 and 2024 [3]. - Improper presentation of supply and other expenses as company-operated store expenses during the same fiscal years [3]. - Additional errors related to income tax provisions, revenue recognition, and misclassifications in financial statements [3]. Impact of Financial Disclosure - On February 25, 2026, Driven Brands disclosed material errors in its previously issued financial statements for fiscal years 2023 and 2024, leading to a nearly 40% drop in its stock price [4]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Driven Brands stock during the class period to seek lead plaintiff status, representing the interests of the class [5]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [6].