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CLASS ACTION NOTICE: Berger Montague Advises Varonis Systems, Inc. (VRNS) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-21 17:21
Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. for allegedly misleading investors regarding its ability to convert its existing customer base, leading to a significant decline in stock price [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Varonis securities between February 4, 2025, and October 28, 2025 [1]. - Investors have until March 9, 2026, to seek appointment as lead plaintiff representative of the class [2]. - The lawsuit claims that Varonis and its executives raised investor expectations while knowing the company was not positioned to effectively convert existing users to its SaaS offering, resulting in reduced annual recurring revenue (ARR) growth potential [3]. Group 2: Stock Price Impact - Following the revelation of the true state of customer renewals and conversions, Varonis' stock price fell from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of $30.66 per share, or over 48% in one day [4].
FRMI INVESTOR DEADLINE: Fermi Inc. Investors with Substantial Losses Have Opportunity to Lead the Fermi Class Action Lawsuit
TMX Newsfile· 2026-01-21 17:19
Core Viewpoint - The Fermi Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding its Project Matador, leading to significant financial losses for investors following the termination of a key funding agreement [3][4][5]. Group 1: Class Action Lawsuit Details - The lawsuit is titled Lupia v. Fermi Inc., No. 26-cv-00050 (S.D.N.Y.), and it allows investors who purchased Fermi common stock during the IPO or between October 1, 2025, and December 11, 2025, to seek appointment as lead plaintiff by March 6, 2026 [1][6]. - Fermi's IPO in October 2025 involved the sale of 37,375,000 shares at a price of $21.00 per share [2]. - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment [3]. Group 2: Financial Impact - On December 12, 2025, Fermi announced that the first tenant for its Project Matador AI campus had terminated a $150 million funding agreement, resulting in a nearly 34% drop in the stock price [4]. - By the time the class action lawsuit commenced, Fermi's stock price had fallen to as low as $8.59 per share, representing a 59% decline from the IPO price [5]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is leading the class action lawsuit and is recognized as a top law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
Law Offices of Frank R. Cruz Encourages Smart Digital Group Limited (SDM) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-01-21 17:06
Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Limited (SDM) for alleged securities fraud during the class period from May 5, 2025, to September 26, 2025, with investors having until March 16, 2026, to file a lead plaintiff motion [1] Group 1: Trading Activity and SEC Involvement - On September 26, 2025, NASDAQ temporarily halted trading of SDM stock due to volatility, with over 270,000 orders placed in a single minute, representing approximately 30% of the average daily volume [3] - Following this, the SEC announced a temporary suspension of trading in SDM from September 29, 2025, to October 25, 2025, due to potential manipulation through social media recommendations aimed at inflating the stock price [4] - Trading in SDM remains suspended as of October 11, 2025, pending additional information from the company [4] Group 2: Allegations in the Lawsuit - The lawsuit alleges that SDM's management made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects [5] - Specific allegations include involvement in a market manipulation scheme, use of offshore accounts for share dumping, and omission of risks related to fraudulent trading [5] - The lawsuit claims that SDM's positive statements about its business lacked a reasonable basis and misled investors regarding the company's true situation [5]
CRWV Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges CRWV Investors with Losses to Contact the Firm
Globenewswire· 2026-01-21 15:43
Core Points - A securities fraud class action lawsuit has been filed against CoreWeave, Inc. for alleged misstatements and omissions regarding its financial performance and operational risks during the Class Period from March 28, 2025, to December 15, 2025 [2][8] - The lawsuit claims that CoreWeave overstated its ability to meet customer demand and failed to adequately disclose risks associated with reliance on a single third-party data center supplier, which could negatively impact revenue [3][8] - Investors affected by losses during the Class Period are encouraged to contact Kessler Topaz Meltzer & Check, LLP for more information and to potentially serve as lead plaintiffs in the case [4][5] Company Information - CoreWeave, Inc. trades on NASDAQ under the ticker CRWV and is currently facing legal challenges due to allegations of securities fraud [2][8] - The law firm Kessler Topaz Meltzer & Check, LLP specializes in securities-fraud class actions and represents both individual and institutional investors [6][9] - The firm has a history of significant recoveries in securities litigation and has received numerous accolades for its work in this field [9]
Bath & Body Works, Inc. (BBWI) Investors: March 13, 2026 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP
Globenewswire· 2026-01-21 15:40
Were you affected by investment losses in BBWI securities between June 4, 2024, and November 19, 2025? Affected Investor Losses Summary Bath & Body Works, Inc. securities fraud class action filedPurchasers or acquirers of Bath & Body Works, Inc. (NYSE: BBWI) securitiesSeeking recovery of investment losses for material misstatements and/or omissions (as alleged) from June 4, 2024 through November 19, 2025Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) can assist at no cost to investor RADNOR, Pa., Jan. 21, ...
Halper Sadeh LLC Encourages ALGT and AVO Shareholders to Contact the Firm to Discuss Their Rights
Prnewswire· 2026-01-21 14:58
Group 1 - Allegiant Travel Company is involved in a merger with Sun Country Airlines, where Allegiant shareholders will own approximately 67% of the combined company upon completion [1] - Mission Produce, Inc. is merging with Calavo Growers, Inc., with Mission shareholders expected to own approximately 80.3% of the combined entity after the transaction [2] - Halper Sadeh LLC is investigating these mergers for potential violations of federal securities laws and breaches of fiduciary duties to shareholders [1][2][3] Group 2 - Halper Sadeh LLC may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
KLARNA GROUP PLC SECURITIES FRAUD NOTICE: Berger Montague Informs Klarna Group PLC (KLAR) Investors of Securities Fraud Lawsuit
TMX Newsfile· 2026-01-21 14:51
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of investors who acquired Klarna securities during the specified class period, alleging that the company failed to disclose material financial risks in its IPO documents [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Klarna underestimated the likelihood of a significant increase in loss reserves shortly after its IPO, which is linked to the high-risk profiles of its customers [3]. - Investors who purchased Klarna securities during the class period have until February 20, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Financial Impact - Following a report on November 18, 2025, that Klarna had set aside greater provisions for credit losses than the market anticipated, the company's share price declined by 21% from the IPO price of $40 to $31.31 [4].
Smart Digital Group Limited Sued for Securities Law Violations - Contact Levi & Korsinsky Before March 16, 2026 to Discuss Your Rights - SDM
Prnewswire· 2026-01-21 14:00
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 timeframe have until March 16, 2026, to request to be appointed 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 incurring any out-of-pocket costs or fees, and there is no obligation to participate [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].
March 9, 2026 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against VRNS
Prnewswire· 2026-01-21 14:00
Core Viewpoint - Varonis Systems, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 4, 2025, and October 28, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Varonis provided misleading positive statements while concealing adverse facts about its ability to convert its customer base to a SaaS model, leading to reduced annual recurring revenue (ARR) growth potential [2] - On October 28, 2025, Varonis reported third-quarter financial results that significantly missed ARR expectations and lowered its full-year guidance, attributing this to weaker than expected renewals and conversions in its subscription business [2] - Following the announcement, Varonis' stock price plummeted from $63.00 per share to $32.34 per share, marking a decline of approximately 48.67% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until March 9, 2026, 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 [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Bath & Body Works, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before March 13, 2026 to Discuss Your Rights - BBWI
Prnewswire· 2026-01-21 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Bath & Body Works, Inc. alleging securities fraud that affected investors between June 4, 2024, and November 9, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that the company's strategy of pursuing "adjacencies, collaborations and promotions" failed to grow the customer base and did not deliver the expected growth in net sales [2]. - It is alleged that as the company's strategy faltered, it relied on brand collaborations to mask weak underlying financial results [2]. - The complaint suggests that the company was unlikely to meet its previously issued financial guidance due to these issues, rendering positive statements about its business materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until March 13, 2026, to request to be appointed 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, indicating no financial obligation to participate in the lawsuit [3]. Group 3: 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].