Securities Fraud
Search documents
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RLX Technology Inc. - RLX
GlobeNewswire News Room· 2025-03-30 12:00
NEW YORK, March 30, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of RLX Technology Inc. ("RLX" or the "Company") (NYSE: RLX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether RLX 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 this news, RLX's Amer ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BigBear.ai Holdings, Inc. - BBAI
GlobeNewswire News Room· 2025-03-30 12:00
NEW YORK, March 30, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of BigBear.ai Holdings, Inc. ("BigBear" or the "Company") (NYSE: BBAI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether BigBear 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 this n ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RH - RH
GlobeNewswire News Room· 2025-03-30 12:00
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fid ...
TTD REMINDER: Suffer Losses on Trade Desk, Inc.? Contact BFA Law by April 21 Class Action Deadline
GlobeNewswire News Room· 2025-03-28 12:18
NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against The Trade Desk, Inc. (NASDAQ: TTD) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Trade Desk, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/the-trade-desk-inc. Investors have until April 21, 2025, to ask the Court to be appoin ...
FLNC REMINDER: Suffer Losses on Fluence Energy, Inc.? Contact BFA Law by May 12 Class Action Deadline
GlobeNewswire News Room· 2025-03-28 12:17
Core Viewpoint - A lawsuit has been filed against Fluence Energy, Inc. and its senior executives for potential violations of federal securities laws, alleging misrepresentation of the company's competitive position and financial performance [1][2][4]. Company Overview - Fluence Energy specializes in energy storage products and solutions, delivery services, operational and maintenance services, and digital applications for energy storage and power assets [3]. Allegations and Financial Performance - The lawsuit claims that Fluence Energy misrepresented its competitive position, sales pipeline, and backlog of orders, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4]. - On February 10, 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, and subsequently lowered its revenue guidance for the year [6]. - Following the release of this financial information, Fluence Energy's stock price dropped 46%, closing at $7.00 per share on February 11, 2025 [6]. Legal Context - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, with investors having until May 12, 2025, to seek lead plaintiff status [2].
Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating AppLovin Corporation for potential violations of securities laws
GlobeNewswire News Room· 2025-03-05 12:11
Core Viewpoint - Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims of securities fraud against AppLovin Corporation, following allegations of ad fraud and violations of data privacy regulations [1][3]. Company Overview - AppLovin Corporation is a mobile technology company based in Palo Alto, California, founded in 2012, that provides marketing, monetization, analytics, and publishing services for app developers through platforms like MAX, AppDiscovery, and SparkLab [2]. Allegations and Investigations - A report by Fuzzy Panda Research claims that AppLovin engaged in ad fraud, stole data from Meta, and violated Google and Apple's app store policies by tracking children and serving inappropriate ads [3]. - The report highlights that AppLovin's click-through rates are reported to be 30-40%, significantly higher than the industry average, suggesting potential fraudulent activity [3]. - The investigation by Wolf Haldenstein is focused on whether AppLovin and its executives have engaged in securities fraud related to these allegations [1][3]. Market Reaction - Following the release of the allegations, AppLovin's stock price fell from $377.06 on February 25, 2025, to $331.00, marking a decline of over 12% [4].
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into Fairness of Bridge Investment Group Holdings Inc. (NYSE: BRDG) Buyout and Encourages Investors to Contact the Firm
Prnewswire· 2025-03-03 13:01
Core Viewpoint - Kaskela Law LLC is investigating the fairness of the buyout of Bridge Investment Group Holdings Inc. by Apollo, focusing on whether shareholders are receiving adequate compensation and if there were any breaches of fiduciary duties by the company's officers or directors [1][3]. Summary by Sections - **Acquisition Announcement**: On February 24, 2025, Bridge announced its agreement to be acquired by Apollo in a stock-for-stock transaction, where shareholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock, valued at $11.50 per share [2]. - **Investigation Purpose**: The investigation aims to assess if Bridge's shareholders are receiving sufficient consideration for their shares and to evaluate potential breaches of fiduciary duties or violations of securities laws by the company's management in the sale process [3]. - **Investor Contact Information**: Bridge shareholders are encouraged to reach out to Kaskela Law LLC for more information regarding the investigation and their legal rights [4].