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PEPG Investors Have Opportunity to Lead PepGen Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-06-12 21:57
Core Viewpoint - A class action lawsuit has been filed against PepGen Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its drug candidate PGN-EDO51 and its CONNECT2 study [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased PepGen's securities between March 7, 2024, and March 3, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against PepGen - The complaint alleges that PepGen's drug candidate PGN-EDO51 was less safe and effective than claimed [4]. - It is asserted that the CONNECT2 study was deficient for FDA approval and posed dangers to participants [4]. - The company is likely to halt its CONNECT2 study, leading to false and materially misleading public statements throughout the class period [4]. Group 3: Investor Communication - The Schall Law Firm specializes in securities class action lawsuits and encourages affected investors to contact them for assistance [5]. - Investors can reach out to the firm for a free discussion of their rights [3].
电厂 | 全球销量冠军、国民汽车品牌,如何被“排放”欺诈所击溃?
Xin Lang Cai Jing· 2025-06-12 11:14
Group 1 - Geely Holdings' Vice President Yang Xueliang publicly supported Great Wall Motors' Chairman Wei Jianjun regarding the allegations against BYD's Qin PLUS DM-i and Song PLUS DM-i for using atmospheric pressure fuel tanks, which allegedly do not meet emission standards [1][2] - BYD responded to the allegations by stating that Great Wall's testing procedures were flawed, as the vehicles tested did not meet the required 3000 km break-in period [1][2] - The government investigation into the allegations is ongoing, and the truthfulness of the claims cannot be confirmed until the results are published [2] Group 2 - The two models mentioned contributed 320,000 units in sales to BYD in the six months prior to the allegations, making them some of BYD's best-selling vehicles [2] - Yang Xueliang mentioned that industry insiders are aware of the truth, as they conduct teardown tests that align with the information provided in Great Wall's allegations [2] - A historical reference was made to a major automotive emissions scandal that occurred a decade ago, which led to stricter emissions testing standards in the U.S. and Europe, resulting in significant financial losses for the involved companies [2] Group 3 - The "Dieselgate" scandal involving Volkswagen revealed that the company had installed defeat devices in diesel vehicles to cheat emissions tests, leading to a massive financial fallout and regulatory scrutiny [3][8][12] - Volkswagen's stock plummeted by 31% within two days of the scandal's exposure, resulting in a market value loss of €25 billion [16] - The scandal prompted legal actions against several Volkswagen executives, with some receiving prison sentences and fines for their roles in the emissions cheating [17][19] Group 4 - The fallout from the emissions scandal has led to Volkswagen spending over $30 billion in settlements and fines, with significant compensation paid to affected vehicle owners in the U.S. [14][16] - The scandal has also accelerated regulatory changes in the EU, mandating stricter emissions testing procedures that require manufacturers to invest more in environmentally friendly technologies [20]
守护银发群体金融安全 国华人寿亮相2025老博会
He Xun Wang· 2025-06-11 12:52
2025年6月11日至13日,上海国际养老、辅具及康复医疗博览会(简称"上海老博会")在上海新国际博 览中心盛大举行。国华人寿保险股份有限公司(以下简称"国华人寿")积极参展,在现场设立宣传专 区,重点开展以"守住钱袋子 护好幸福家"为主题的防范非法金融活动宣传,同时结合行业特点,向公 众普及反保险欺诈知识,助力构建安全稳定的金融环境。国华人寿经营管理委员会高度重视本次防非宣 传月和反欺诈活动的宣传推动,首席合规官黄士杰总亲临现场,向在场老年人宣导非法金融相关案例, 提醒老年人做好风险防范。 随着我国老龄化进程加快,养老领域成为非法金融活动的重灾区。国华人寿充分利用上海老博会这一平 台,通过发放宣传手册、播放警示教育视频、设置咨询台等形式,向老年群体及其家属揭示非法集资、 养老诈骗等非法金融活动的常见手法和风险特征。同时,现场工作人员结合典型案例,详细解析了 以"康养服务""高额返利"为幌子的诈骗套路,帮助公众提升风险识别能力,树立"天上不会掉馅饼,高 利保本是陷阱"的正确投资理念。 强化反保险欺诈宣传 维护行业秩序 除防范非法金融活动外,国华人寿还重点开展了反保险欺诈宣传。通过展示保险欺诈的常见形式、危害 ...
Red Cat Holdings, Inc. (RCAT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-06-10 20:45
BENSALEM, Pa., June 10, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Red Cat Holdings, Inc. ("Red Cat" or the "Company") (NASDAQ: RCAT).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RED CAT HOLDINGS, INC. (RCAT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Off ...
Compass Group Diversified Holdings, LLC Class Action: Levi & Korsinsky Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 – CODI
GlobeNewswire News Room· 2025-06-10 17:07
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.co ...
Investors in NET Power, Inc. Should Contact Levi & Korsinsky Before June 17, 2025 to Discuss Your Rights – NPWR
GlobeNewswire News Room· 2025-06-10 17:07
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-lawsu ...
Open Lending Corporation Class Action: Levi & Korsinsky Reminds Open Lending Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 30, 2025 – LPRO
GlobeNewswire News Room· 2025-06-10 17:05
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Open Lending Corporation ("Open Lending Corporation" or the "Company") (NASDAQ: LPRO) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Open Lending Corporation investors who were adversely affected by alleged securities fraud between February 24, 2022 and March 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https:// ...
Fortrea Holdings Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – FTRE
GlobeNewswire News Room· 2025-06-10 17:02
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fortrea Holdings Inc. ("Fortrea Holdings Inc." or the "Company") (NASDAQ: FTRE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fortrea Holdings Inc. investors who were adversely affected by alleged securities fraud between July 3, 2023 and February 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/psl ...
Shareholders that lost money on Ibotta, Inc. (IBTA) should contact Levi & Korsinsky about pending Class Action - IBTA
GlobeNewswire News Room· 2025-06-10 17:01
Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Ibotta securities and were negatively impacted by the alleged fraud [2]. - The complaint alleges that Ibotta failed to disclose the at-will nature of its contract with The Kroger Co., which could allow Kroger to terminate the contract without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not adequately warn investors about the risks associated with the Kroger contract [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [4]. 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 [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
假防晒衣“热”销,消费欺诈终究见不得光
Nan Fang Du Shi Bao· 2025-06-09 15:21
从消费端看,上述企业负责人透露一条信息印证了多少消费者犯"傻"——尽管这些防晒衣包装简陋、无 品牌标识,甚至连最基本的产品信息都缺失,但销量却十分惊人。其中最畅销的一款,年销量竟高达30 多万件。 生产销售假防晒衣是一种欺诈行为。这种假防晒衣显然不符合国家标准GB/T 18830—2009《纺织品防 紫外线性能的评定》规定。即不法商家通过造假获利,侵害了消费者知情权和公平交易权,应依据产品 质量法、消费者权益保护法追责。 央视报道后,弋阳县市监局高度重视,立即联合公安等部门连夜进行现场检查,对相关产品进行查封并 抽样送检,同时责令涉事企业暂停生产销售。这是痛击涉嫌造假企业"第一拳",后续调查、送检结果出 来后,还应有进一步处置措施,对此拭目以待。 据报道,央视《财经调查》记者走访发现,市场上标有"防晒"字样的产品品类繁多,但部分防晒衣实际 无法有效阻挡紫外线,不符合国家标准。消费者可能花了钱,却买到没有防晒效果的衣服。 标有"防晒"字样的防晒衣,顾名思义有防晒功效。对爱护皮肤的消费者来说,防晒衣是夏季必需品之 一。但部分消费者大概没有想到,自己买的却是没有足够防晒效果的假防晒衣,实际上就是普通服装。 是相关商 ...