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Rosen Law Firm Encourages Franklin BSP Realty Trust, Inc. Investors to Inquire About Securities Class Action Investigation – FBRT
Businesswire· 2026-02-16 19:00
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Franklin BSP Realty Trust, Inc. (NYSE: FBRT) resulting from allegations that Franklin BSP Realty Trust, Inc. may have issued materially misleading business information to the investing public. So What: If you purchased Franklin BSP Realty Trust securities you may be entitled to compensation without payment of any out of pocket. ...
SDM INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Smart Digital (SDM) Investors of Securities Class Action Deadline on March 16, 2026
TMX Newsfile· 2026-02-16 14:40
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Smart Digital Group Limited due to allegations of securities law violations, including market manipulation and misleading statements [2][4]. Group 1: Allegations Against Smart Digital - The complaint alleges that Smart Digital and its executives made false and misleading statements and failed to disclose significant risks related to market manipulation and fraudulent trading [4]. - Specific allegations include the use of social media misinformation to manipulate stock prices and the involvement of insiders in coordinated share dumping during a price inflation campaign [4]. - The company's public statements omitted risks of fraudulent trading, leading to a significant risk of trading suspension by the SEC and NASDAQ [4]. Group 2: Stock Price Collapse and Trading Suspension - On September 26, 2025, Smart Digital's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [5]. - The SEC suspended trading in Smart Digital securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations [5]. - As of the filing date, trading in Smart Digital securities remains suspended with no clear timeline for resumption [5]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses are encouraged to contact Faruqi & Faruqi to discuss their legal options, with a deadline of March 16, 2026, to seek the role of lead plaintiff in the class action [2][6]. - The lead plaintiff will be the investor with the largest financial interest who can adequately represent the class [6]. - Faruqi & Faruqi is also seeking information from whistleblowers and others regarding Smart Digital's conduct [7].
TCPC INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BlackRock TCP (TCPC) Investors of Securities Class Action Deadline on April 6, 2026
TMX Newsfile· 2026-02-16 14:25
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against BlackRock TCP Capital Corp due to allegations of violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Group 1: Legal Investigation and Claims - The law firm is reminding investors of the April 6, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against BlackRock TCP [2]. - The complaint alleges that BlackRock TCP and its executives made false or misleading statements regarding the valuation of investments and the quality of the portfolio, leading to understated unrealized losses and overstated net asset value (NAV) [4]. Group 2: Financial Performance and Stock Impact - On February 27, 2025, BlackRock TCP reported significant weakening in its portfolio, with the number of portfolio companies on non-accrual status more than doubling and debt investments on non-accrual status increasing by 289%, resulting in a 22.44% year-over-year decline in NAV to $9.23 per share [5]. - Total losses for the fiscal year reached $194.9 million, a 186% increase year-over-year, largely due to a $72.3 million net unrealized loss in the fourth quarter [5]. - Following the financial disclosures, the stock price fell by $0.90, or 9.64%, to close at $8.44 per share on February 27, 2025 [5]. - On January 23, 2026, BlackRock TCP disclosed that its NAV per share was actually between $7.05 and $7.09, which was 19% lower than the previous quarter and 23.4% lower than the previous year, leading to a stock price drop of $0.76, or 12.97%, to close at $5.10 per share [6].
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY
TMX Newsfile· 2026-02-16 00:35
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Nidec Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - Nidec Corporation is facing scrutiny after a CNBC article reported a 22% drop in its shares following the announcement of a probe into improper accounting practices within its group [3]. - The American Depositary Receipts (ADRs) of Nidec fell by 22.7% on September 4, 2025, marking the largest one-day decline for the company [3]. Group 2: Class Action and Compensation - Shareholders who purchased Nidec securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to the allegations against Nidec [2]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
SLM DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important February 17 Deadline in Securities Class Action – SLM
Globenewswire· 2026-02-16 00:26
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SLM Corporation securities between July 25, 2025, and August 14, 2025, of the February 17, 2026, lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought SLM securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by February 17, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting that many firms issuing notices may lack comparable experience [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for clients [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, SLM made false and misleading statements regarding its financial stability, particularly concerning early-stage delinquencies and the effectiveness of its loss mitigation programs [5]. - It is claimed that these misrepresentations led to a materially false impression of SLM's business operations and prospects, resulting in investor damages when the truth was revealed [5].
ROSEN, LEADING INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC
TMX Newsfile· 2026-02-16 00:25
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities, alleging that the company made materially false and misleading statements regarding its business and operations during the specified class period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that BlackRock TCP's investments were not being timely and appropriately valued, and that efforts at portfolio restructuring were ineffective [5]. - The lawsuit alleges that BlackRock TCP's unrealized losses were understated and its net asset value (NAV) was overstated, leading to materially misleading statements about the company's business prospects [5]. Group 2: Participation Information - Investors who purchased BlackRock TCP securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Beyond Meat, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BYND
TMX Newsfile· 2026-02-16 00:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Beyond Meat, Inc. securities between February 27, 2025, and November 11, 2025, of the March 24, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Beyond Meat securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as a lead plaintiff, individuals must file a motion with the court by March 24, 2026 [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [4]. - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that during the class period, Beyond Meat made materially false and misleading statements regarding the fair value of its long-lived assets, which could lead to a significant non-cash impairment charge [5]. - It is claimed that these misstatements impaired Beyond Meat's ability to file timely reports with the Securities and Exchange Commission, resulting in damages to investors when the truth was revealed [5].
PSFE DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Paysafe Limited (PSFE) Investors of Securities Class Action Deadline on April 7, 2026
TMX Newsfile· 2026-02-15 15:35
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Paysafe Limited due to allegations of violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Group 1: Legal Investigation - The law firm is looking into claims against Paysafe and has set an April 7, 2026 deadline for investors to seek the role of lead plaintiff in a federal securities class action [2]. - Investors who purchased Paysafe securities between March 4, 2025, and November 12, 2025, are encouraged to discuss their legal rights with the firm [1]. Group 2: Allegations Against Paysafe - The complaint alleges that Paysafe and its executives made false or misleading statements and failed to disclose significant risks, including exposure to a high-risk client and understated credit loss reserves [4]. - Specific issues cited include difficulties in banking services due to higher risk Merchant Category Codes, which negatively impacted revenue growth and financial guidance for fiscal year 2025 [4]. Group 3: Financial Performance - On November 13, 2025, Paysafe reported third-quarter revenue of $433.8 million, missing consensus estimates by $5.8 million, and a net loss of $87.7 million, a significant increase from a net loss of $12.98 million in the prior year [5]. - The company adjusted its full-year 2025 expected revenue to $17 million at the midpoint and adjusted EPS to $0.50 at the midpoint [5]. - The credit loss expense for the quarter was reported at $13,220, primarily due to expected chargebacks related to a specific merchant [6]. Group 4: Market Reaction - Following the earnings announcement, Paysafe's stock price fell by $2.80, or 27.6%, closing at $7.36 per share on unusually heavy trading volume [6].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Ramaco Resources, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - METC
TMX Newsfile· 2026-02-14 19:32
Core Points - Rosen Law Firm is reminding investors who purchased Ramaco Resources, Inc. securities between July 31, 2025, and October 23, 2025, of the March 31, 2026, deadline to become a lead plaintiff in a class action lawsuit [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3] Case Details - The lawsuit alleges that during the Class Period, Ramaco made materially false and misleading statements regarding its mining activities at the Brook Mine, claiming that significant mining activities had not commenced and that no active work was taking place [5] - As a result of these misstatements, Ramaco is accused of overstating its development progress, leading to misleading positive statements about its business and operations [5] - The lawsuit claims that when the true details were revealed, investors suffered damages [5] Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [4]
ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
TMX Newsfile· 2026-02-14 18:02
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of PennyMac Financial Services, Inc. due to allegations of materially misleading business information issued to the investing public [1]. Group 1: Legal Action and Compensation - Shareholders who purchased PennyMac securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, facilitated by a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to the misleading information [2]. Group 2: Financial Performance and Stock Impact - On January 29, 2026, PennyMac reported its fourth quarter and full-year 2025 financial results, revealing a pretax income of $37.3 million for its servicing segment, a significant decrease from $157.4 million in the prior quarter and $87.3 million in Q4 2024 [3]. - The report indicated that pretax income excluding valuation-related items was $47.8 million, down 70% from the previous quarter, primarily due to increased realization of mortgage servicing rights cash flows as lower mortgage rates led to higher prepayment activity [3]. - Following the financial report, PennyMac's stock price dropped by $49.78 per share, or 33.3%, closing at $99.92 per share on January 30, 2026 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4].