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SJM Stockholders Who Suffered Financial Losses Should Contact Robbins LLP About its Investigation into the Officers and Directors of J.M. Smucker Company
Prnewswireยท 2025-07-11 00:44
Core Viewpoint - Robbins LLP is investigating The J.M. Smucker Company for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - The J.M. Smucker Company manufactures and markets food products across the United States [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any violations of securities laws by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for information regarding their rights [1]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [2]. - The firm has successfully obtained over $1 billion for shareholders since its inception [2].
BRBR Investors Who Have Suffered Financial Losses Should Contact Robbins LLP About Their Investigation into the Officers and Directors of BellRing Brands, Inc.
Prnewswireยท 2025-07-10 23:50
Group 1 - Robbins LLP is investigating BellRing Brands, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] - BellRing Brands manufactures and sells nutrition products both in the U.S. and internationally [1] - Shareholders who have lost money in their investment in BellRing Brands are encouraged to contact Robbins LLP for more information about their rights [1] Group 2 - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [2] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, having obtained over $1 billion for shareholders [2] Group 3 - Shareholders can sign up for alerts regarding class action settlements or corporate executive wrongdoing related to BellRing Brands [3]
XPLR INVESTOR ALERT: XPLR Infrastructure, LP f/k/a NextEra Energy Partners, LP Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - XIFR
Prnewswireยท 2025-07-10 21:20
Core Viewpoint - The XPLR Infrastructure class action lawsuit alleges that the company and its executives made misleading statements regarding its operations and financial health, leading to significant losses for investors during the specified class period [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Alvrus v. XPLR Infrastructure, LP and involves purchasers of XPLR Infrastructure securities from September 27, 2023, to January 27, 2025, with a deadline of September 8, 2025, to seek lead plaintiff status [1]. - XPLR Infrastructure operates as a "yieldco," managing contracted clean energy projects, including wind and solar power, and a natural gas pipeline [2]. Group 2: Allegations Against XPLR Infrastructure - The lawsuit claims that XPLR Infrastructure struggled to maintain its yieldco operations and entered financing arrangements that were downplayed in terms of risk [3]. - It is alleged that the company could not resolve these financing issues without risking significant dilution of unitholder value, leading to a planned halt in cash distributions to investors [3]. - On January 28, 2025, XPLR Infrastructure announced the suspension of cash distributions and the abandonment of its yieldco model, resulting in a nearly 35% drop in the price of its common units [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased XPLR Infrastructure securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].
Shareholder Alert: The Ademi Firm investigates whether DallasNews Corporation is obtaining a Fair Price for its Public Shareholders
Prnewswireยท 2025-07-10 17:50
Core Viewpoint - The Ademi Firm is investigating DallasNews for potential breaches of fiduciary duty and other legal violations related to its transaction with Hearst [1][2]. Group 1: Transaction Details - Shareholders of DallasNews will receive $14.00 per share in cash as part of the transaction [2]. - DallasNews insiders are set to receive substantial benefits under change of control arrangements [2]. Group 2: Board Conduct - The transaction agreement imposes significant penalties on DallasNews if it accepts competing bids, which may limit competing transactions unreasonably [2]. - The investigation focuses on whether the DallasNews board of directors is fulfilling their fiduciary duties to all shareholders [2].
Kuehn Law Encourages Investors of Krispy Kreme, Inc. to Contact Law Firm
Prnewswireยท 2025-07-10 14:25
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Krispy Kreme, Inc. related to misleading statements about the company's performance and partnership with McDonald's [1]. Group 1: Company Performance and Misrepresentation - Insiders at Krispy Kreme allegedly caused the company to misrepresent or fail to disclose a significant decline in demand for Krispy Kreme products at McDonald's locations following the initial marketing launch [2]. - The decline in demand at McDonald's locations was identified as a contributing factor to decreasing average sales per door per week [2]. - The partnership with McDonald's was reported to be unprofitable, posing substantial risks to the continuation of the partnership [2]. - As a result of these issues, Krispy Kreme is expected to pause its expansion into new McDonald's locations [2]. - Positive statements made by the company regarding its business, operations, and prospects were deemed materially misleading and lacking a reasonable basis [2].
SHAREHOLDER NOTICE: Kaskela Law LLC Announces Shareholder Investigation of MaxLinear, Inc. (NASDAQ: MXL) and Encourages Long-Term MXL Investors to Contact the Firm
Prnewswireยท 2025-07-10 12:00
Core Viewpoint - Kaskela Law LLC is investigating MaxLinear, Inc. on behalf of the company's long-term investors due to potential violations of securities laws or breaches of fiduciary duties by the company's officers and directors [1][2]. Company Performance - Year to date, shares of MaxLinear's stock have decreased by 25%, currently trading at approximately $15.00 per share [2]. Legal Investigation - The investigation aims to determine if there were any legal violations related to recent corporate actions taken by MaxLinear [2]. - Shareholders of MaxLinear are encouraged to contact Kaskela Law LLC for more information regarding their legal rights and options [3]. Contact Information - Kaskela Law LLC provides contact details for shareholders seeking further information, including phone numbers and a website link [3][4].
SHAREHOLDER NOTICE: Kaskela Law LLC Announces Shareholder Investigation of National HealthCare Corporation (NYSE: NHC) and Encourages Long-Term NHC Investors to Contact the Firm
Prnewswireยท 2025-07-10 12:00
Core Viewpoint - Kaskela Law LLC is investigating National HealthCare Corporation (NHC) due to a significant decline in its stock price, which has dropped nearly 20% since November 2024 [1][2]. Group 1: Stock Performance - NHC's common stock has decreased from over $135.00 per share to below $110.00 per share, representing a decline of nearly 20% in value [1]. Group 2: Legal Investigation - The investigation aims to determine if NHC and its officers and directors violated securities laws or breached fiduciary duties related to recent corporate actions [2]. - Shareholders of NHC are encouraged to contact Kaskela Law LLC for more information regarding their legal rights and options [2].
INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Sarepta Therapeutics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - SRPT
GlobeNewswire News Roomยท 2025-07-10 11:44
Core Viewpoint - The article discusses a class action lawsuit against Sarepta Therapeutics, alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding the safety and efficacy of its gene therapy product, ELEVIDYS, during a specified class period [1][3]. Company Overview - Sarepta Therapeutics is a commercial-stage biopharmaceutical company focused on developing therapies for Duchenne muscular dystrophy, including the gene therapy ELEVIDYS [2]. Allegations of the Lawsuit - The lawsuit claims that Sarepta and its executives made false or misleading statements about ELEVIDYS, including significant safety risks, failure to detect severe side effects, and the potential for halting clinical trials due to adverse events [3]. - Specific incidents cited include: - On March 18, 2025, a patient treated with ELEVIDYS suffered acute liver failure leading to death, causing Sarepta's stock to drop over 27% [4]. - On April 4, 2025, Sarepta disclosed that EU authorities requested a review of the death, leading to a further stock decline of over 7% [5]. - On June 15, 2025, a second patient died from acute liver failure, prompting Sarepta to suspend shipments and pause dosing, resulting in a stock drop of over 42% [6]. - On June 24, 2025, the FDA announced an investigation into the risk of acute liver failure associated with ELEVIDYS, causing an additional stock decline of over 8% [7]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Sarepta securities during the class period to seek appointment as lead plaintiff in the lawsuit, representing the interests of all class members [8].
Shareholder Alert: Robbins LLP Informs Investors of the Centene Corporation Class Action
GlobeNewswire News Roomยท 2025-07-09 18:18
Core Viewpoint - A class action lawsuit has been filed against Centene Corporation, alleging that the company misled investors about its business prospects and financial outlook during the specified period [1][2]. Allegations - The complaint claims that Centene's management created a false impression of having reliable information regarding projected revenue and growth, while actual enrollment rates and morbidity were lower than expected [2]. - A preliminary analysis indicated that over two-thirds of Centene's marketplace share showed disappointing enrollment figures and increased morbidity, contradicting the company's optimistic reports [2]. Financial Impact - On July 1, 2025, Centene withdrew its 2025 guidance, revealing that its overall market growth across 22 states was lower than anticipated, leading to a revised guidance of approximately $1.8 billion and an adjusted diluted EPS of $2.75 [3]. - Following this announcement, Centene's stock price plummeted from $56.65 per share to $44.78 per share on July 2, 2025, marking a decline of over 40% [3].
Kuehn Law Encourages Investors of Civitas Resources, Inc. to Contact Law Firm
GlobeNewswire News Roomยท 2025-07-09 13:30
Core Viewpoint - Civitas Resources, Inc. is under investigation for potential breaches of fiduciary duties by its officers and directors, linked to allegations of misrepresentation regarding the company's oil production and financial condition [1][2]. Group 1: Allegations of Misrepresentation - Insiders at Civitas Resources allegedly caused the company to misrepresent its likelihood of significantly reducing oil production in 2025 due to declines following a production peak in Q4 2024 and a low TIL count at the end of 2024 [2]. - The company may need to acquire additional acreage and development locations to increase oil production, which could lead to significant debt and necessitate the sale of corporate assets to offset acquisition costs [2]. - Civitas's financial condition may require disruptive cost-reduction measures, including a significant workforce reduction, indicating that the company's business and financial prospects were overstated [2]. - The public statements made by Civitas were reportedly materially false and misleading at all relevant times [2].