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Deadline Alert: PubMatic, Inc. (PUBM) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-10-07 17:47
Core Viewpoint - The article discusses a class action lawsuit against PubMatic, Inc. due to significant stock price decline following the company's second quarter 2025 financial report, which revealed adverse changes in ad spending from a key partner [1][2][3]. Summary by Sections Company Performance - On August 11, 2025, PubMatic reported a reduction in ad spend from one of its top Demand-Side Platform (DSP) partners, leading to a stock price drop of $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [2]. Lawsuit Details - The class action lawsuit alleges that during the Class Period (February 27, 2025, to August 11, 2025), PubMatic's executives made materially false and misleading statements regarding the company's business and prospects. Specifically, they failed to disclose the shift of clients to a new platform by a top DSP buyer, which resulted in reduced ad spend and revenue [3][4]. Investor Actions - Investors who purchased PubMatic securities during the Class Period are encouraged to file a lead plaintiff motion by October 20, 2025, to participate in the class action lawsuit [1][4].
KMX SHAREHOLDER NOTICE: CarMax, Inc. Investigated for Securities Fraud after 20% Stock Drop – Contact BFA Law
Globenewswire· 2025-10-06 12:36
Core Viewpoint - CarMax, Inc. is under investigation for potential violations of federal securities laws, following a significant decline in sales and earnings attributed to a temporary demand boost from U.S. tariffs on cars [1][2][3] Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into CarMax for possible securities law violations [1] - The investigation is prompted by discrepancies between CarMax's claims of strong demand and the reality of declining sales figures [2] Group 2: Financial Performance - In fiscal Q2 2025, CarMax reported a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [3] - The company's net earnings for Q2 were approximately $95.4 million, down from $132.8 million in the previous year, indicating a significant drop in profitability [3] - Following the earnings report, CarMax's stock price fell by $11.45 per share, or about 20%, from $57.05 to $45.60 [3]
BRBR SHAREHOLDER NOTICE: BellRing Brands Investigated for Securities Fraud after 18% Stock Drop – Contact BFA Law
Globenewswire· 2025-10-06 12:33
NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into BellRing Brands, Inc. (NYSE: BRBR) for potential violations of the federal securities laws. If you invested in BellRing, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/bellring-brands-inc-class-action-lawsuit. Why is BellRing Being Investigated? BellRing Brands operates in the convenient nutrition category. The Compa ...
MLTX LEGAL NOTICE: MoonLake Immunotherapeutics Faces Securities Fraud Investigation due to Drug Trial Results – Contact BFA Law if You Lost Money
Globenewswire· 2025-10-04 11:07
Core Viewpoint - MoonLake Immunotherapeutics is under investigation for potential violations of federal securities laws following disappointing results from its Phase 3 VELA trials for sonelokimab, leading to a significant drop in stock price [1][3]. Company Overview - MoonLake Immunotherapeutics is a clinical stage biotechnology company focused on therapies for inflammatory skin and joint diseases [2]. Trial Results - On September 29, 2025, MoonLake reported week 16 results from the VELA Phase 3 trials, which were disappointing and raised concerns about the drug's regulatory approval and commercial viability [3]. - The stock price plummeted by $55.75 per share, nearly 90%, from $61.99 on September 28, 2025, to $6.24 on September 29, 2025, following the announcement of the trial results [3]. Legal Implications - Investors in MoonLake are encouraged to seek legal options due to the potential violations of securities laws related to the trial results [1][4]. Law Firm Background - Bleichmar Fonti & Auld LLP is a leading international law firm specializing in securities class actions and shareholder litigation, with a strong track record of recovering significant amounts for clients [6].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Brunello Cucinelli S.p.A. - BCUCY
Prnewswire· 2025-10-03 14:00
Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Brunello Cucinelli S.p.A. regarding potential securities fraud and unlawful business practices [1] Group 1: Investigation Details - The investigation focuses on whether Brunello Cucinelli and certain officers or directors have engaged in securities fraud or other unlawful business practices [1] - A report by Morpheus Research alleges that Brunello Cucinelli has continued to unlawfully conduct business in Russia despite its claims to the contrary [1] Group 2: Market Reaction - Following the news of the investigation and the report, Brunello Cucinelli's American Depositary Receipt (ADR) price fell by $2.01, or 16.54%, closing at $10.14 per ADR on September 25, 2025 [1]
CLASS ACTION NOTICE: Berger Montague Advises Fluor Corporation (NYSE: FLR) Investors to Inquire About a Securities Fraud Class Action
Prnewswire· 2025-10-02 19:41
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) for allegedly concealing significant cost overruns and execution problems on key infrastructure projects, leading to a sharp decline in stock value and investor confidence [1][3][4]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue driver among its three segments [2]. Allegations and Issues - The lawsuit claims that FLR concealed cost overruns and execution issues on major projects such as the Gordie Howe International Bridge, I-635/LBJ, and I-35, which were impacted by subcontractor errors, supply chain inflation, and construction delays [3]. - The company allegedly overstated its risk mitigation strategies and failed to disclose the full impact of reduced client spending and macroeconomic uncertainty [3]. Financial Performance - Despite the ongoing issues, FLR reaffirmed its financial guidance in May 2025. However, on August 1, 2025, the company reported second-quarter results that significantly missed expectations, with non-GAAP EPS of $0.43 (missing by $0.13) and revenue of $3.98 billion (missing by $570 million) [4]. - Following these disappointing results, FLR cut its full-year guidance and experienced a stock price drop of 27.04%, closing at $41.42 on August 1, 2025. Analysts subsequently downgraded the stock due to lost confidence in management's disclosures and project oversight [4].
LFMD Stockholders Should Contact Shareholder Rights Law Firm Robbins LLP Before the Lead Plaintiff Deadline for Information About Leading the Securities Fraud Class Action Against LifeMD, Inc.
Prnewswire· 2025-10-02 01:19
Group 1 - A class action has been filed against LifeMD, Inc. (NASDAQ: LFMD) on behalf of investors who acquired its securities between May 7, 2025, and August 5, 2025 [1][2] - The allegations include that LifeMD misled investors about its competitive position and failed to properly account for rising customer acquisition costs, particularly in its RexMD segment and for obesity treatment drugs [2] - Following the announcement of its second quarter 2025 results and a revision of its full-year guidance, LifeMD's stock price dropped by $5.31, or 44.8%, closing at $6.53 on August 6, 2025 [3] Group 2 - Shareholders interested in serving as lead plaintiffs must file their papers with the court by October 27, 2025, and can choose to remain absent class members if they do not wish to participate [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [5]
SMLR Stockholders Should Contact Shareholder Rights Law Firm Robbins LLP Before the Lead Plaintiff Deadline for Information About Leading the Securities Fraud Class Action Against Semler Scientific, Inc.
Prnewswire· 2025-10-02 01:17
Core Viewpoint - A class action lawsuit has been filed against Semler Scientific, Inc. for failing to disclose a material investigation by the U.S. Department of Justice regarding potential violations of the False Claims Act [2][3]. Group 1: Allegations and Investigations - Semler Scientific is accused of not disclosing an investigation by the DOJ into possible violations of the False Claims Act during the class period from March 10, 2021, to April 15, 2025 [2]. - The company received an initial civil investigative demand (CID) from the DOJ in July 2017, which investigated whether it violated the False Claims Act by marketing certain tests as reimbursable by Medicare [3]. - On February 11, 2025, Semler Scientific engaged in unsuccessful settlement discussions with the DOJ, raising concerns about a potential lawsuit [3]. Group 2: Financial Impact - Following the revelation of the investigation on February 28, 2025, Semler Scientific's stock price dropped by $4.03, or 9.38%, closing at $38.89 on March 3, 2025 [3]. - After the company announced a settlement agreement with the DOJ for $29.75 million on April 15, 2025, the stock fell by $3.40, or 9.88%, to close at $31.00 on April 16, 2025 [4]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must submit their paperwork by October 28, 2025, to serve as lead plaintiff [5]. - Shareholders do not need to participate in the case to be eligible for recovery, and they can remain absent class members if they choose [5].
Shareholders that lost money on PubMatic, Inc.(PUBM) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-10-01 20:26
Core Viewpoint - A class action securities lawsuit has been filed against PubMatic, Inc. due to alleged securities fraud affecting investors between February 27, 2025, and August 11, 2025 [1][2] Group 1: Lawsuit Details - The complaint alleges that PubMatic's management made false statements and concealed critical information regarding a major demand side platform buyer shifting clients to a new platform, leading to reduced ad spend and revenue for PubMatic [2] - The lawsuit claims that the positive statements made by the defendants about PubMatic's business and prospects were materially misleading and lacked a reasonable basis [2] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky 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]
Fluor Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before November 14, 2025 to Discuss Your Rights – FLR
Globenewswire· 2025-10-01 20:18
Core Viewpoint - A class action securities lawsuit has been filed against Fluor Corporation, alleging securities fraud that negatively impacted investors between February 18, 2025, and July 31, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fluor Corporation made false statements regarding the rising costs of infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, significantly harmed the Company's business and financial results [2]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and overstated regarding the effectiveness of its risk mitigation strategies [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until November 14, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].