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Bloomberg· 2025-11-10 20:27
Brian Kahn, the former head of Franchise Group, has been charged with conspiracy to commit securities fraud related to the collapse of a hedge fund that prosecutors say cost investors $294 million, according to a US court filing https://t.co/pf18VuCeje ...
Marex Group plc Sued for Securities Law Violations - Contact The Gross Law Firm Before December 8, 2025 to Discuss Your Rights - MRX
Prnewswire· 2025-11-10 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Marex Group plc regarding a class action lawsuit due to allegations of false statements and misleading information related to the company's financial performance [1][2]. Group 1: Allegations and Class Action Details - The class period for the lawsuit is from May 16, 2024, to August 5, 2025 [1]. - Allegations include that Marex Group improperly inflated its cash flow, revenues, assets, and profits in its Market Making segment through off-book intercompany transactions [1]. - The defendants' positive statements about the company's business and prospects were claimed to be materially false and misleading [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by December 8, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
The Gross Law Firm Notifies RCI Hospitality Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - RICK
Prnewswire· 2025-11-10 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of RCI Hospitality Holdings, Inc. regarding a class action lawsuit alleging tax fraud and bribery by the company's defendants during the specified class period [1][2]. Summary by Sections Allegations - The complaint alleges that during the class period from December 15, 2021, to September 16, 2025, the defendants engaged in tax fraud and bribery to conceal this fraud. This resulted in an understatement of the legal risks facing the company, leading to materially false and misleading statements about its business and operations [1]. Class Action Details - Shareholders who purchased shares of RCI Hospitality Holdings during the class period are encouraged to register for the class action. The deadline for seeking lead plaintiff status is November 20, 2025, and there is no cost or obligation to participate [2]. Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud. The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
Fluor Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-11-10 13:45
Core Viewpoint - Fluor Corporation (NYSE: FLR) is facing allegations of issuing materially false and misleading statements regarding its financial performance and project costs during the class period from February 18, 2025, to July 31, 2025 [1]. Summary by Sections Allegations - The complaint claims that Fluor's costs for infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, were increasing due to subcontractor design errors, price hikes, and scheduling delays [1]. - It is alleged that these issues, along with reduced capital spending from customers and hesitance due to economic uncertainty, were significantly impacting Fluor's business and financial results [1]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategy and an understated impact of economic uncertainty [1]. Class Action Details - Shareholders who purchased FLR shares during the specified class period are encouraged to register for potential lead plaintiff appointment, with a deadline set for November 14, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
DexCom, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before December 26, 2025 to Discuss Your Rights - DXCM
Prnewswire· 2025-11-10 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DexCom, Inc. regarding a class action lawsuit due to allegations of misleading statements and undisclosed material changes to their glucose monitoring products, the G6 and G7, which may pose health risks to users [1]. Summary by Sections Allegations - The complaint alleges that DexCom made unauthorized design changes to the G6 and G7 glucose monitoring products, which rendered them less reliable than previous versions, posing a material health risk to users [1]. - It is claimed that the enhancements to the G7's reliability, accuracy, and functionality were overstated, and the company downplayed the severity of the issues related to the G7 devices [1]. - The allegations suggest that these actions increased the risk of regulatory scrutiny and potential legal, reputational, and financial harm to DexCom [1]. Class Action Details - The class period for the lawsuit is from July 26, 2024, to September 17, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is December 26, 2025, with no cost or obligation to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit and illegal business practices, ensuring companies adhere to responsible business practices [3].
Johnson Fistel Begins Investigation on Behalf of F5, Inc. (FFIV) Shareholders Who Have Incurred Losses
Globenewswire· 2025-11-10 13:04
Core Viewpoint - Johnson Fistel, PLLP is investigating potential violations of federal securities laws by F5, Inc. and its officers regarding misrepresentation or failure to disclose material information to investors [1][2] Group 1: Company Disclosure - On October 15, 2025, F5 disclosed that a nation-state threat actor gained unauthorized access to its internal systems on August 9, 2025, maintaining persistent access to the BIG-IP product development environment [2] - The threat actor exfiltrated files, including portions of BIG-IP source code and information about undisclosed vulnerabilities, leading to a decline in F5's share price following the disclosure [2] Group 2: Legal Investigation - Johnson Fistel, PLLP is conducting an investigation for investors who purchased F5 securities and suffered losses, inviting them to join the investigation [3] - The firm specializes in representing individual and institutional investors in shareholder derivative and securities class action lawsuits [4] Group 3: Firm Achievements - In 2024, Johnson Fistel was ranked in the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, recovering approximately $90.725 million for investors in cases where it served as lead or co-lead counsel [5]
Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN), Announces Opportunity for Investors with Substantial Losses to the Lead Investor Class Action Lawsuit
Businesswire· 2025-11-10 11:45
Core Viewpoint - Robbins Geller Rudman & Dowd LLP has filed a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives made false statements regarding its business and financial prospects, leading to inflated stock prices prior to a merger [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Investors who purchased Six Flags stock in connection with the merger have until January 5, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that the registration statement for the merger failed to disclose significant underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. Group 2: Financial Impact - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but subsequently fell to as low as $20 per share, representing a nearly 64% decline [4]. - The lawsuit alleges that the company's executives misrepresented the financial health of Legacy Six Flags, which undermined the rationale for the merger [3][4]. Group 3: Company Background - Six Flags is identified as an amusement park operator, and the lawsuit highlights the operational challenges faced by the company, including a reduction in employee headcount that negatively impacted operational competence and guest experience [2][3].
JHX STOCK NOTICE: James Hardie Industries plc Investors with Losses may have been Misled by the Company and are Urged to Contact BFA Law by December 23 Deadline
Newsfile· 2025-11-10 11:08
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for securities fraud, following a significant drop in stock price attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, representing investors in James Hardie common stock [4]. - Investors have until December 23, 2025, to request to lead the case in the U.S. District Court for the Northern District of Illinois [4]. Group 2: Company Background - James Hardie is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [5]. Group 3: Allegations of Misrepresentation - During the relevant period, James Hardie claimed strong performance in its North American fiber cement segment, asserting "inherent strength" and "underlying momentum" in its strategy [6]. - The lawsuit alleges that the reported sales were due to inventory loading by channel partners rather than genuine customer demand, indicating potential fraudulent practices [6]. Group 4: Stock Performance Impact - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers [7]. - Following this announcement, the stock price plummeted by $9.79 per share, a decrease of over 34%, from $28.43 to $18.64 [7].
JHX INVESTOR : Robbins Geller Rudman & Dowd LLP Announces that James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-10 10:00
SAN DIEGO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of James Hardie Industries plc (NYSE: JHX) common stock (previously American Depositary Shares until their conversion to common stock on July 1, 2025) between May 20, 2025 and August 18, 2025, all dates inclusive (the “Class Period”), have until December 23, 2025 to seek appointment as lead plaintiff of the James Hardie class action lawsuit. Captioned Laborers’ District Council and Contractor ...
JHX INVESTOR ALERT: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-11-08 16:05
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit alleging securities fraud due to misleading statements about its North America Fiber Cement segment, which experienced significant inventory destocking and a subsequent decline in sales [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and is filed in the Northern District of Illinois [1]. - Investors who purchased James Hardie common stock between May 20, 2025, and August 18, 2025, have until December 23, 2025, to seek appointment as lead plaintiff [1][5]. - The lawsuit alleges that James Hardie and its executives violated the Securities Exchange Act of 1934 by making false assurances about the strength of their business segment during a challenging market [3]. Group 2: Allegations and Impact - The lawsuit claims that despite early signs of inventory destocking in April and May 2025, James Hardie continued to mislead investors about the health of its sales [3]. - On August 19, 2025, James Hardie reported a 12% decline in sales for its North America Fiber Cement segment, which led to a stock price drop of over 34% [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased James Hardie common stock during the class period to seek lead plaintiff status, representing the interests of the class [5]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].