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Investors who lost money on Smart Digital Group Limited (SDM) should contact Levi & Korsinsky about pending Class Action - SDM
Globenewswire· 2026-01-29 22:00
Core Viewpoint - A class action securities lawsuit has been filed against Smart Digital Group Limited, alleging securities fraud that affected investors between May 5, 2025, and September 26, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Smart Digital Group Limited was involved in a market manipulation and fraudulent promotion scheme, which included misinformation on social media and impersonators posing as financial professionals [2]. - It is alleged that insiders and affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign [2]. - The company's public statements and risk disclosures reportedly omitted any mention of the risks associated with fraudulent trading or market manipulation, which could lead to a suspension of trading by the SEC or NASDAQ [2]. - As a result of these actions, the positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified time frame have until March 16, 2026, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require individuals to serve as lead plaintiffs, and there are no out-of-pocket costs or fees for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
ITGR LOSS NOTICE: Integer Holdings Corporation Plummets 32% Triggering Securities Fraud Class Action, Investors Notified to Contact BFA Law by February 9
TMX Newsfile· 2026-01-29 21:33
New York, New York--(Newsfile Corp. - January 29, 2026) - Leading international securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Integer Holdings Corporation (NYSE: ITGR) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws. If you invested in Integer, you are encouraged to obtain additional information by visiting: https://www.bfala ...
ARDT LOSS NOTICE: Ardent Health, Inc. Plummets 33% Triggering Securities Fraud Class Action, Investors Notified to Contact BFA Law by March 9
TMX Newsfile· 2026-01-29 21:33
Core Viewpoint - A class action lawsuit has been filed against Ardent Health, Inc. and its senior executives for securities fraud following a significant stock drop due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the Middle District of Tennessee, captioned Postiwala v. Ardent Health, Inc., et al., No. 3:26-cv-00022 [3]. - Investors have until March 9, 2026, to request to be appointed to lead the case [3]. - The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Ardent Health securities [3]. Group 2: Allegations Against Ardent Health - Ardent Health operates acute care hospitals and healthcare facilities, with a focus on the collection of accounts receivable [4]. - The lawsuit alleges that Ardent Health misrepresented its process for determining the collectability of accounts receivable, claiming reliance on "detailed reviews of historical collections," while actually using a "180-day cliff" method [4]. - This misrepresentation allowed Ardent Health to report inflated accounts receivable and delay recognizing losses on uncollectable accounts, constituting a violation of federal securities laws [4]. Group 3: Stock Price Impact - On November 12, 2025, Ardent Health announced a $43 million decrease in revenue for the quarter and a $54 million increase in professional liability reserves due to adverse claims developments [5]. - Following this announcement, Ardent Health's stock price dropped by $4.75 per share, or over 33%, from $14.05 to $9.30 per share [5].
BBWI LOSS NOTICE: Bath & Body Works, Inc. Plummets 24% Triggering Securities Fraud Class Action, Investors Notified to Contact BFA Law by March 16
TMX Newsfile· 2026-01-29 21:33
New York, New York--(Newsfile Corp. - January 29, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Bath & Body Works, Inc. (NYSE: BBWI) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Bath & Body Works, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/case ...
CVNA SECURITIES: Carvana Co. Investors that Lost Money on their Securities are Notified to Contact BFA Law about the Ongoing Securities Investigation after Gotham Report
TMX Newsfile· 2026-01-29 21:33
Core Viewpoint - Carvana Co. is under investigation for potential violations of federal securities laws due to significant stock price drops linked to claims of accounting improprieties [2][3]. Company Overview - Carvana operates as an online e-commerce platform and used-car retailer, facilitating the buying, selling, and financing of vehicles entirely online. A major portion of its revenue is derived from online vehicle sales and auto loans, which are often securitized or sold to external parties [3]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Carvana overstated its earnings and improperly accounted for related party transactions [3]. - Gotham City Research LLC released a report indicating that Carvana's financial results are closely connected to a network of related party entities controlled by Ernest Garcia II, which includes DriveTime, Bridgecrest, and GoFi. The report claims that these relationships have led to an overstatement of Carvana's earnings by over $1 billion [4]. Stock Performance - Following the release of the Gotham City report, Carvana's stock price fell over 20%, dropping from $474.06 per share at market open on January 28, 2026, to a low of $374.55 per share [5].
Deadline Soon: DeFi Technologies Inc. (DEFT) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2026-01-29 19:33
Core Viewpoint - DeFi Technologies Inc. is facing a securities fraud class action lawsuit due to significant declines in revenue and misleading statements regarding its business operations and prospects during the class period from May 12, 2025, to November 14, 2025 [1][5]. Group 1: Company Performance - On November 6, 2025, DeFi reported that its digital asset treasuries had absorbed or delayed a significant share of arbitrage opportunities, leading to a stock price drop of $0.13, or 7.4%, closing at $1.62 per share [2]. - The company announced a nearly 20% revenue decline in its third quarter 2025 results and significantly lowered its revenue forecast for the year due to delays in executing its arbitrage strategy [3]. - Following the financial results announcement, DeFi's stock price fell by $0.40, or 27.6%, over two trading days, closing at $1.05 per share [4]. Group 2: Lawsuit Details - The class action lawsuit alleges that DeFi made materially false and misleading statements and failed to disclose adverse facts about its business, including delays in its arbitrage strategy and underestimating competition from other digital asset treasury companies [5]. - The lawsuit claims that these issues led to an inability to meet previously issued revenue guidance for fiscal year 2025, and that positive statements made by the company were misleading and lacked a reasonable basis [5]. Group 3: Investor Participation - Investors who acquired DeFi securities during the class period have until January 30, 2026, to seek appointment as lead plaintiff in the securities fraud class action [1][6].
BBWI Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Bath & Body Works, Inc. (BBWI) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
Prnewswire· 2026-01-29 19:30
Core Viewpoint - A securities fraud class action lawsuit has been filed against Bath & Body Works, Inc. for alleged material misstatements and omissions affecting investors who purchased securities between June 4, 2024, and November 19, 2025 [1][5]. Group 1: Allegations and Company Performance - The lawsuit claims that Bath & Body Works made materially false and misleading statements regarding its business strategy and financial performance during the Class Period [2]. - It is alleged that the company's strategy of pursuing "adjacencies, collaborations and promotions" did not effectively grow the customer base or deliver the expected growth in net sales [2]. - The complaint indicates that as the company's strategy faltered, it relied on brand collaborations to mask weak financial results, leading to a failure to meet previously issued financial guidance [2]. Group 2: Legal Process and Investor Actions - Investors affected by the alleged fraud can seek to be appointed as lead plaintiffs by March 16, 2026, through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent all class members in directing the litigation and selecting counsel, with the ability to recover losses not affected by the decision to serve as lead plaintiff [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent law firm specializing in securities fraud class actions and represents both individual and institutional investors [5][6]. - The firm has a history of significant recoveries in securities litigation and has received multiple accolades for its work in this area [6].
Securities Fraud Investigation Into Danone S.A. (DANOY) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R.
Businesswire· 2026-01-29 19:30
Core Viewpoint - The Law Offices of Frank R. Cruz is investigating Danone S.A. for potential violations of federal securities laws, particularly concerning financial losses incurred by investors [1]. Investigation Details - The investigation is prompted by a report from Reuters on January 21, 2026, indicating that Danone is recalling and blocking certain batches of products [1].
BRBR Class Action Notice: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in the BellRing Brands, Inc. Securities Fraud Class Action
Globenewswire· 2026-01-29 18:02
Core Viewpoint - A class action has been filed against BellRing Brands, Inc. for allegedly misleading investors about its sales performance during a specified period, leading to significant stock price decline following disappointing financial results [1][2][3]. Group 1: Allegations and Misleading Information - Robbins LLP is investigating allegations that BellRing Brands misled investors regarding its sales, indicating that strong sales figures were due to customers accumulating excess inventory rather than increased consumer demand [2]. - The complaint states that once customers felt secure about product availability, they began to reduce their inventory, which led to a decline in new orders and revealed that competitive pressures were weakening demand [2]. Group 2: Financial Performance and Stock Impact - On August 4, 2025, BellRing reported a disappointing fiscal Q3 2025 outlook, narrowing its net sales forecast to a range of $2.28 billion to $2.32 billion, which resulted in a significant stock price drop of nearly 33%, from $53.64 to $36.18 per share [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against BellRing Brands, with a deadline for submitting lead plaintiff papers set for March 23, 2026 [4].
Deadline Alert: Klarna Group plc (KLAR) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Globenewswire· 2026-01-29 17:31
Core Viewpoint - Klarna Group plc is facing a class action lawsuit due to alleged misleading statements and failure to disclose material adverse facts regarding its business and operations following its IPO in September 2025 [5][6]. Group 1: IPO Details - Klarna conducted its IPO on September 10, 2025, selling 34.3 million shares at a price of $40 per share [2]. - Since the IPO, Klarna's share price has significantly declined, further impacting investors [4]. Group 2: Financial Performance - On November 18, 2025, Klarna reported its third quarter 2025 financial results, indicating a 39% increase in its provision for credit losses, attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [3]. - Following this announcement, Klarna's stock price dropped by $3.25, or 9.3%, closing at $31.63 per share on the same day [3]. Group 3: Lawsuit Allegations - The class action complaint alleges that Klarna's management made materially false and misleading statements and failed to disclose the risk of increased loss reserves shortly after the IPO [5]. - It is claimed that the positive statements made by the management regarding the company's business and prospects were misleading and lacked a reasonable basis [5].