NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Fortrea Holdings Inc. ("Fortrea" or the "Company") (NASDAQ: FTRE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Fortrea and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 3, ...

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Gorilla Technology Group, Inc. ("Gorilla" or the "Company") (NASDAQ: GRRR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Gorilla and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On ...

Core Viewpoint - A class action lawsuit has been filed against NET Power Inc. and certain officers for alleged violations of federal securities laws during the Class Period from June 9, 2023, to March 7, 2025, seeking damages for misleading statements regarding the company's business and operations [1][7]. Company Overview - NET Power is a clean energy technology company focused on its "Net Power Cycle" technology, which aims to generate reliable and affordable electricity from natural gas while capturing nearly all emissions [4]. - The company operates a demonstration facility in La Porte, Texas, and is developing its first utility-scale plant, referred to as "Project Permian," located in the Permian Basin of West Texas [4]. Project Permian Details - Initially, NET Power projected that Project Permian would be operational in 2026, with a cost estimate of approximately $950 million in 2023, which later increased to $1.1 billion in 2024 [5][6]. - The completion of Project Permian is critical for the company's commercial operations and financial prospects, making the accuracy of timelines and cost estimates vital for investors [6]. Allegations in the Lawsuit - The lawsuit claims that throughout the Class Period, NET Power's executives made materially false and misleading statements about the company's operations and prospects, including the likelihood of completing Project Permian on schedule and the associated costs [7]. - Specific allegations include that the project was unlikely to be completed on time due to supply chain issues and other challenges, and that the projected costs were unrealistic [7]. Stock Price Reactions - Following a press release on November 14, 2023, announcing a delay in Project Permian's timeline to between the second half of 2027 and the first half of 2028, NET Power's stock price fell by $2.47, or 18.54%, closing at $10.85 [8][9]. - On March 10, 2025, the company announced a revised total installed cost for Project Permian between $1.7 billion and $2.0 billion, leading to a further stock price decline of $2.18, or 31.46%, closing at $4.75 [10]. - Following the announcement of the departure of key executives on April 15, 2025, the stock price dropped by $0.13, or 5.75%, to close at $2.13 [11].

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Daktronics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March ...

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of DuPont de Nemours, Inc. (“DuPont” or the “Company”) (NYSE: DD). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether DuPont and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 4, 20 ...

Core Viewpoint - A class action securities lawsuit has been filed against Everus Construction Group, Inc. alleging securities fraud affecting investors between October 31, 2024, and February 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed information regarding the Company's backlog conversion cycle, which had become elongated due to larger and more complex projects [2]. - It is alleged that this elongation would lead to delays in revenue recognition, making the defendants' positive statements about the Company's business and prospects materially misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - A lawsuit has been filed against Atkore Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about PVC Pipe pricing and an alleged price-fixing scheme [1][2][5]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until April 23, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Atkore manufactures electrical, safety, and infrastructure products, including PVC Pipe [3]. - During the COVID-19 pandemic, shipping costs increased, impacting foreign PVC Pipe manufacturers' ability to sell profitably in the U.S. [3]. Group 3: Allegations Against Atkore - Atkore allegedly misrepresented that post-pandemic PVC Pipe price declines were due to "pricing normalization" and "competitive dynamics" [4]. - An activist investor report accused Atkore of engaging in an anticompetitive price-fixing scheme that artificially inflated PVC Pipe prices [5]. Group 4: Stock Performance and Impact - On February 4, 2025, Atkore announced disappointing earnings, revealing a decline in the plastic pipe and conduit product category, which led to a nearly 20% drop in stock price from $79.72 to $64.13 per share [6]. - Following the earnings announcement, Atkore received a grand jury subpoena from the U.S. Department of Justice Antitrust Division regarding the pricing of its PVC products [7].

NEW YORK, April 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of enCore Energy Corp. (NASDAQ: EU). Shareholders who purchased shares of EU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: DEADLINE: May 13, 2025 Shareholders should not delay in registering for this class action. Register your information here: http ...

SAN DIEGO, April 18, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces that a class action lawsuit has commenced on behalf of investors of Perpetua Resources Corp. (NASDAQ: PPTA). The lawsuit seeks to recover losses on behalf of investors who acquired their securities between April 17, 2024 and February 13, 2025, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than May 20, 2025. If you incurred significant losses and want to act as th ...

NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into RH (NYSE: RH) for potential violations of the federal securities laws. If you invested in RH, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/rh. Why is RH being Investigated? RH is a retailer and luxury lifestyle brand operating primarily in the home furnishings market that offers merchandise assortments across a num ...