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Investors in Primo Brands Corporation / Primo Water Corporation Should Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – PRMB
Globenewswire· 2025-11-25 21:19
Core Viewpoint - A class action securities lawsuit has been filed against Primo Brands Corporation / Primo Water Corporation, alleging securities fraud that negatively impacted investors between June 17, 2024, and November 6, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by alleged securities fraud during the specified period [2]. - The complaint claims that the defendants made false statements regarding the merger integration between Primo Water and BlueTriton Brands, which was reportedly facing significant technology and service issues [3]. - Contrary to the defendants' assurances of a "flawless" execution, the company experienced major supply disruptions that adversely affected customers and financial results [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until January 12, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [4]. - Class members may be entitled to compensation without incurring 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].
Levi & Korsinsky Notifies Avantor, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – AVTR
Globenewswire· 2025-11-25 21:17
Core Viewpoint - A class action securities lawsuit has been filed against Avantor, Inc. alleging securities fraud that negatively impacted investors between March 5, 2024, and October 28, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Avantor's competitive positioning was misrepresented, indicating it was weaker than publicly stated [2]. - It is alleged that Avantor faced negative impacts from increased competition, which were not disclosed [2]. - The defendants' statements regarding the company's business operations and prospects are claimed to be materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until December 29, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [3]. - Class members may be entitled to compensation without incurring out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive experience in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4].
James Hardie Industries plc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – JHX
Globenewswire· 2025-11-25 21:15
Core Viewpoint - A class action securities lawsuit has been filed against James Hardie Industries plc, alleging securities fraud that negatively impacted investors between May 20, 2025, and August 18, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie Industries made false statements and concealed adverse facts regarding its North America segment, including deteriorating consumer demand and growth, and that overstocking was the main driver of growth during the class period [2]. - It is alleged that excessive inventory was present at James Hardie's North America distributors due to these misleading statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified period have until December 23, 2025, 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 [3]. Group 3: Legal 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 and consistently ranking among the top securities litigation firms in the United States [4].
Levi & Korsinsky Reminds Stride Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 – LRN
Globenewswire· 2025-11-25 21:15
Core Viewpoint - A class action securities lawsuit has been filed against Stride, Inc. for alleged securities fraud affecting investors between October 22, 2024, and October 28, 2025 [1][2] Group 1: Allegations Against Stride - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" [2] - It is alleged that Stride cut staffing costs by assigning teachers caseloads beyond statutory limits [2] - The company is accused of ignoring compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [2] - Whistleblowers who documented financial directives from Stride's leadership were reportedly suppressed to delay hiring and deny services, preserving profit margins [2] - The lawsuit also states that Stride has lost existing and potential enrollments due to these practices [2] Group 2: Legal Process and Participation - Investors who suffered losses during the relevant time frame have until January 12, 2026, to request appointment as 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 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 in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the U.S. [4]
Levi & Korsinsky Reminds Skye Bioscience, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 16, 2026 – SKYE
Globenewswire· 2025-11-25 21:14
Core Viewpoint - Skye Bioscience, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between November 4, 2024, and October 3, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements regarding the effectiveness of the Company's lead product candidate, nimacimab, which was allegedly less effective than represented [2] - It is asserted that the clinical, regulatory, and commercial prospects of nimacimab were overstated, leading to materially false and misleading public statements by the defendants [2] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until January 16, 2026, 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: 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]
Perrigo Company plc (PRGO) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - Robbins Geller Rudman & Dowd LLP
Prnewswire· 2025-11-24 12:20
Core Viewpoint - The Perrigo Company plc is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors regarding its infant formula business and financial performance during the specified class period [1][4]. Company Overview - Perrigo provides over-the-counter health and wellness solutions and acquired Nestlé's Gateway infant formula plant and the rights to Nestlé's Good Start® infant formula brand for $170 million in November 2022 [3]. Allegations of the Lawsuit - The lawsuit alleges that Perrigo made false or misleading statements and failed to disclose significant issues, including: - Underinvestment in the acquired infant formula business [4]. - The need for substantial capital and operational expenditures beyond stated estimates for remediation [4]. - Significant manufacturing deficiencies in the infant formula facility [4]. - Overstated financial results, including earnings and cash flow [4]. Financial Disclosures and Impact - On February 27, 2024, Perrigo disclosed acquisition-related charges of $35 million to $45 million for remediation, along with a 50% decline in earnings per share compared to the previous year, leading to a stock price drop of over 15% [5]. - On May 7, 2024, Perrigo reported net sales of $91 million, a decrease of 34.5%, and a gross margin decline of 90 basis points, resulting in a nearly 10% drop in stock price [6]. - On August 6, 2025, Perrigo's adjusted gross profit decreased by $30 million (6.9%), with a reported gross margin of 34.4%, causing a stock price decline of more than 11% [7]. - On November 5, 2025, Perrigo announced a strategic review of its infant formula business, slashing its fiscal year 2025 outlook, which included a negative sales growth guidance of -2.5% to -3% and a significant cut in expected earnings per share, leading to a stock price drop of over 25% [8].
JHX Announcement: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against James Hardie Industries plc (JHX)
Globenewswire· 2025-11-22 16:47
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for allegedly making false statements regarding its business performance during the Class Period from May 20, 2025, to August 18, 2025 [1][2] Group 1: Allegations Against James Hardie - The lawsuit claims that James Hardie misled investors by stating that demand for its products remained strong, despite knowing that its North America Fiber Cement distributors were destocking inventory as early as April and May 2025 [2] - The complaint asserts that the positive statements made by the company about its business operations and prospects were materially misleading and lacked a reasonable basis [2] Group 2: Legal Process and Participation - Investors in James Hardie have until December 23, 2025, to seek appointment as lead plaintiff representatives in the class action, or they may choose to remain absent class members [3] - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3] Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions of dollars for victims of corporate misconduct [4] - The firm aims to protect investors and others from fraud and negligence by businesses and fiduciaries [4]
HI Merger Investigation: Halper Sadeh LLC is Investigating Whether the Sale of Hillenbrand, Inc. is Fair to Shareholders
Globenewswire· 2025-11-22 12:48
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Hillenbrand, Inc. to an affiliate of Lone Star Funds for $32.00 per share in cash, focusing on the rights and options available to Hillenbrand shareholders [1][2]. Group 1: Investigation Details - The investigation examines whether Hillenbrand and its board violated federal securities laws and fiduciary duties by not securing the best possible consideration for shareholders [2]. - Concerns include whether Lone Star is underpaying for Hillenbrand and if all material information necessary for shareholders to assess the merger consideration was disclosed [2]. Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3]. Group 3: Firm Background - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4].
FCX ALERT: Freeport-McMoRan Inc. Investors that Suffered Losses are Notified of the Pending Securities Fraud Lawsuit and to Contact BFA Law by January 12 Deadline
Newsfile· 2025-11-22 11:18
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243 [3]. - Investors have until January 12, 2026, to request to lead the case [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Operations and Safety Claims - Freeport operates the Grasberg Copper and Gold Mine in Indonesia through its affiliate PT Freeport Indonesia [4]. - The company has previously emphasized its commitment to safety, utilizing data, technology, and behavioral science to prevent incidents [4]. - Allegations suggest that Freeport overstated its safety commitment while engaging in unsafe mining practices that could lead to worker fatalities [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77, or over 5.9%, following a press release about suspended mining operations due to a landslide [6]. - On September 24, 2025, after an update on the incident revealing two fatalities and five missing individuals, the stock fell by $7.69, or nearly 17% [7]. - Further reports indicated that the incident strained Freeport's relationship with the Indonesian government, leading to an additional stock drop of $2.33, or over 6%, on September 25, 2025 [8][9]. - An Indonesian news report on September 28, 2025, claimed the incident was preventable, further impacting investor confidence [10].
Paysafe Limited INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (PSFE)
Globenewswire· 2025-11-21 01:00
Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Paysafe Limited regarding possible violations of federal securities laws or unlawful business practices [1][3]. Financial Performance - On November 13, 2025, Paysafe reported its Q3 2025 financial results, which missed revenue and EPS estimates due to a last-minute client shutdown that resulted in a several-million-dollar write-down [3]. - Following the announcement, Paysafe's share price fell by $2.80, or approximately 27.6%, from $10.16 on November 12, 2025, to close at $7.36 on November 13, 2025 [3]. Legal Investigation - The investigation by Kirby McInerney LLP focuses on whether Paysafe and/or its senior management engaged in unlawful business practices [1]. - The law firm specializes in securities litigation and has a history of recovering billions of dollars for shareholders [6].