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FLUENCE ALERT: Bragar Eagel & Squire, P.C. is Investigating Fluence Energy, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-14 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fluence Energy, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1] Group 1: Lawsuit Details - The lawsuit claims that during the class period, Fluence made false or misleading statements and failed to disclose critical information regarding its relationships with major revenue sources, Siemens AG and The AES Corporation [2] - Specific allegations include accusations from Siemens Energy regarding engineering failures and fraud, as well as inflated margins and revenue growth due to impending divestitures by Siemens and AES [2] - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and financial prospects, leading to investor damages when the truth emerged [2] Group 2: Contact Information - Long-term stockholders of Fluence are encouraged to reach out for more information regarding the claims or their rights, with contact details provided for Brandon Walker and Marion Passmore [3]
ESTEE LAUDER ALERT: Bragar Eagel & Squire, P.C. is Investigating The Estee Lauder Companies Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-13 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against The Estee Lauder Companies Inc. regarding alleged breaches of fiduciary duties by its board of directors following a class action complaint filed on December 7, 2023 [1] Group 1: Allegations and Market Impact - The complaint alleges that Estee Lauder misled investors with unrealistic and materially false statements about market demand for its products and inventory levels [2] - These misleading statements concealed the company's market weaknesses until May 3, 2023, when Estee Lauder announced weaker-than-expected sales and profit, leading to a third consecutive cut in its fiscal year outlook [2] - Following this announcement, Estee Lauder's stock price fell from $245.22 per share on May 2, 2023, to $202.70 per share on May 3, 2023, reflecting a significant decline [2]
Shareholder Alert: Robbins LLP Informs Investors of the Compass Group Diversified Holdings, LLC Class Action Lawsuit
Prnewswire· 2025-05-11 23:56
Core Points - A class action has been filed against Compass Group Diversified Holdings, LLC (NYSE: CODI) on behalf of investors who acquired its securities between May 1, 2024, and May 7, 2025 [1] - The allegations include insufficient disclosure controls and failure to disclose unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to its subsidiary, Lugano Holdings, Inc. [2] - On May 7, 2025, Compass announced the need to restate its financial statements for fiscal 2024 due to identified irregularities in Lugano's financing and accounting practices, leading to a significant drop in stock price [3] Company Information - Compass Group Diversified Holdings, LLC is a statutory trust that manages a portfolio of small and middle-market businesses, including Lugano Holdings, Inc., which specializes in high-end jewelry [1] - The company is currently under investigation for its financial disclosures and practices related to its subsidiary [2][3] Legal Proceedings - Shareholders interested in participating in the class action must file their papers by July 8, 2025, to serve as lead plaintiff [4] - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur fees or expenses [5]
TaskUs Shareholders Unhappy With Merger Should Contact Shareholder Rights Firm Regarding Potential Legal Claims
Prnewswire· 2025-05-09 22:02
Core Viewpoint - Julie & Holleman LLP is investigating the acquisition of TaskUs, Inc. by a buyer group that includes the company's three largest shareholders, raising concerns about conflicts of interest and the fairness of the deal price [1][4]. Company Overview - TaskUs, Inc. is a leading provider of outsourced digital services and next-generation customer experience to innovative companies [2]. - Wall Street analysts have set one-year stock price targets for TaskUs, averaging $18.50 per share, with a high target of $22 per share [2]. Acquisition Details - On May 9, 2025, TaskUs announced its sale to a buyer group that already controls a majority of the company's voting power, with Blackstone, Maddock, and Weir offering to buy out public shareholders for $16.50 per share [3]. - The law firm Julie & Holleman believes the buyout price is significantly below the company's true value [4]. Legal Concerns - Julie & Holleman LLP is pursuing potential legal claims based on the apparent unfairness of the acquisition deal, highlighting conflicts of interest as key insiders remain with the company while public shareholders are cashed out at a low price [4].
SEI Stock News: Solaris Energy Infrastructure, Inc. Investors Should Contact Robbins LLP for Information About the Pending Lead Plaintiff Deadline in the SEI Class Action
GlobeNewswire News Room· 2025-05-09 20:16
SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Solaris Energy Infrastructure, Inc. (NYSE: SEI) securities between July 9, 2024 and March 17, 2025. Solaris provides equipment used in the completion of oil and natural gas wells in the United States. On July 9, 2024, Solaris announced that it has entered into an agreement to acquire Mobile Energy Rentals LLC (“MER”). For more i ...
Johnson Fistel Investigates Fairness of Proposed Sale of TaskUs, Inc.
GlobeNewswire News Room· 2025-05-09 15:22
SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is investigating whether the board of directors of TaskUs, Inc. (NASDAQ: TASK) breached their fiduciary duties in connection with the proposed sale of the company to Blackstone, TaskUs Co-Founder and CEO Bryce Maddock, and Co-Founder and President Jaspar Weir (collectively, the “Buyer Group”). On May 9, 2025, TaskUs entered into a definitive agreement pursuant to which Buyer Group will acquire all outstanding shares ...
TERADATA ALERT: Bragar Eagel & Squire, P.C. is Investigating Teradata Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-08 01:00
Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Marion Passmore, Esq. (212) 355-4648 investigations@bespc.com www.bespc.com About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit w ...
NEXTERA ALERT: Bragar Eagel & Squire, P.C. is Investigating NextEra Energy, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-08 01:00
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against NextEra Energy, Inc. (NYSE: NEE) on behalf of long-term stockholders following a class action complaint that was filed against NextEra with a Class Period from December 2, 2021, and February 1, 2023. Our investigation concerns whether the board of directors of NextEra have breached their fiduciary duties to the company. According to the Compla ...
Dundee Precious Metals Announces Voting Results from 2025 Annual and Special Meeting of Shareholders
Globenewswire· 2025-05-07 21:44
Core Points - Dundee Precious Metals Inc. held its Annual and Special Meeting of Shareholders on May 7, 2025, with 132,500,374 common shares voted, representing approximately 77.83% of outstanding shares [1] Group 1: Election of Directors - All director nominees were elected with high support, including Dr. Nicole Adshead-Bell (98.65% in favor), Robert M. Bosshard (98.33% in favor), and David Rae (99.73% in favor) [2] Group 2: Appointment of Auditor - PricewaterhouseCoopers LLP was appointed as the auditor with 91.82% of votes in favor and 8.18% votes withheld [3] Group 3: Approval of Shareholder Rights Plan - The Shareholder Rights Plan was approved with 96.51% of votes in favor and 3.49% against [4] Group 4: Approach to Executive Compensation - The advisory resolution on executive compensation received significant support, with 99.04% of votes in favor [5] Group 5: Company Overview - Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Serbia, and Ecuador, aiming to become a mid-tier precious metals company focused on sustainable and efficient gold production [6][7]
Shareholder Alert: Robbins LLP Informs Investors of the West Pharmaceutical Services, Inc. Class Action Lawsuit
Prnewswire· 2025-05-07 21:37
SAN DIEGO, May 7, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired West Pharmaceutical Services, Inc. (NYSE: WST) common stock between February 16, 2023 and February 12, 2025. West is a medical supplies company that specializes in the development, manufacture, and distribution of elastomer-based supplies for the containment and administration of injectable drugs.For more information, submit a form, ...