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Fortrea Holdings Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before August 1, 2025 to Discuss Your Rights – FTRE
GlobeNewswire News Room· 2025-07-02 19:58
Core Viewpoint - Fortrea Holdings Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial projections and business model [3][4]. Group 1: Allegations - The complaint claims that Fortrea overestimated the revenue contributions from its long-term projects, known as the Pre-Spin Projects, for the year 2025 [3]. - It is alleged that Fortrea overstated the cost savings expected from exiting transition services agreements [3]. - The company's previously announced EBITDA targets for 2025 were inflated as a result of these misstatements [3]. - The viability of Fortrea's post-spin-off business model and its financial prospects were also overstated [3]. - Overall, the company's public statements were materially false and misleading throughout the relevant period [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 3, 2023, to February 28, 2025 [3]. - Shareholders are encouraged to register for the class action by the deadline of August 1, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Guaranty Bancshares, Inc.
Prnewswire· 2025-06-25 22:36
Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations related to the proposed acquisition of Guaranty Bancshares, Inc. by Glacier Bancorp, Inc. [1] Group 1: Acquisition Details - The proposed acquisition involves stockholders of Guaranty Bancshares receiving 1.00 share of Glacier Bancorp common stock for each share of Guaranty Bancshares stock held [1] - The transaction is valued at approximately $476.2 million and is expected to close in the fourth quarter of 2025 [1]
PTCT Investors Have Opportunity to Join PTC Therapeutics, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-24 07:42
Core Viewpoint - The Schall Law Firm is investigating PTC Therapeutics, Inc. for potential violations of securities laws related to misleading statements and failure to disclose important information to investors [1][2]. Group 1: Investigation Details - The investigation centers on whether PTC issued false or misleading statements regarding the results of the Phase 2 PIVOT-HD study of PTC518 (votoplam) in Huntington's disease patients [2]. - PTC announced that the study met its primary endpoint of reducing blood Huntingtin (HTT) protein levels with a significant p-value of less than 0.0001 at Week 12, along with favorable safety and tolerability [2]. - Analysts suggest that a Phase 3 study is necessary to confirm if the treatment effectively slows the progression of Huntington's disease, leading to a significant drop in PTC's share price by over 18.6% on the announcement day [2].
PepGen Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before August 8, 2025 to Discuss Your Rights – PEPG
GlobeNewswire News Room· 2025-06-18 13:25
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of PepGen Inc. (NASDAQ: PEPG). Shareholders who purchased shares of PEPG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/pepgen-inc-loss-submission-form/?id=153444&from=3 CLASS PERIOD: March 7, 2024 to March ...
Red Cat Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before July 22, 2025 to Discuss Your Rights - RCAT
Prnewswire· 2025-06-12 09:45
NEW YORK, June 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Red Cat Holdings, Inc. (NASDAQ: RCAT).Shareholders who purchased shares of RCAT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/red-cat-holdings-inc-loss-submission-form/?id=152578&from=4CLASS PERIOD: March 18, ...
NWTN Investors Have Opportunity to Join NWTN Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-11 14:10
Core Viewpoint - The Schall Law Firm is investigating claims against NWTN Inc. for potential violations of securities laws, particularly regarding misleading statements and failure to disclose critical information to investors [1][2]. Group 1: Investigation Details - The investigation centers on whether NWTN issued false or misleading statements and failed to disclose important information relevant to investors [2]. - On May 28, 2025, NWTN announced it received a determination notice from Nasdaq indicating that its securities would be delisted due to non-compliance with listing rules [2]. Group 2: Legal Representation - The Schall Law Firm offers free consultations for shareholders who may have suffered losses and encourages them to discuss their rights [3]. - The firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally [3].
ABL Investors Have Opportunity to Join Abacus Global Management, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-11 14:05
Core Viewpoint - The Schall Law Firm is investigating Abacus Global Management, Inc. for potential violations of securities laws, particularly concerning misleading statements and undisclosed information [1][2]. Group 1: Investigation Details - The investigation centers on whether Abacus issued false or misleading statements and failed to disclose critical information to investors [2]. - A report by Morpheus Research claims that Abacus changed its portfolio valuation methodology to present a more favorable financial picture, suggesting that the company is involved in an accounting scheme related to life settlements [2]. Group 2: Company Background - Abacus Global Management is identified as a SPAC (Special Purpose Acquisition Company) with a valuation of $794 million [2]. - The report also raises concerns about the methodologies used by Abacus to estimate life expectancy, indicating potential irregularities in their calculations [2]. Group 3: Legal Representation - The Schall Law Firm is reaching out to shareholders who may have suffered losses and is offering free consultations regarding their rights [3].
Safe and Green Holdings Corp. Engages ShareIntel to Investigate Unusual Trading Activity
Globenewswire· 2025-06-10 13:15
Core Viewpoint - Safe & Green Holdings Corp. has engaged Shareholder Intelligence Services, LLC to investigate potential illegal trading activities, including naked short selling and market manipulation of its common stock [1][2]. Group 1: Company Actions - The decision to engage ShareIntel follows an internal review that raised concerns about potential violations of securities laws [2]. - The company aims to utilize ShareIntel's DRIL-Down™ analytics to gain insights into shareholder trading activity and protect investor interests [2][3]. - The company is also considering further legal and regulatory actions, including participation in the SEC Whistleblower Program and collaboration with other affected public companies [3]. Group 2: Shareholder Intelligence Services - ShareIntel is an application service provider that helps public companies track and analyze shareholder trading information [4]. - The patented DRIL-Down™ process will be used to aggregate and analyze data from various sources, enabling the company to identify suspicious trading activities [4]. Group 3: Company Overview - Safe & Green Holdings Corp. specializes in the development, design, and fabrication of modular structures, focusing on sustainable solutions across various industries [5]. - The company supports developers, architects, builders, and owners in achieving faster execution and greener construction [5].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HURA and VIGL on Behalf of Shareholders
Prnewswire· 2025-06-09 22:41
Group 1 - Halper Sadeh LLC is investigating TuHURA Biosciences, Inc. (NASDAQ: HURA) for potential violations related to its merger with Kineta, Inc. [1] - Vigil Neuroscience, Inc. (NASDAQ: VIGL) is under scrutiny due to its sale to Sanofi, where shareholders will receive $8.00 per share in cash and a contingent value right for an additional $2.00 per share based on the commercial sale of VG-3927 [1] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [2] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no cost [3] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [3]
Organon & Co. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – OGN
GlobeNewswire News Room· 2025-06-09 17:35
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Organon & Co. regarding a class action lawsuit due to alleged misleading statements and concealment of material facts related to the company's capital allocation and dividend strategy [1][3]. Group 1: Allegations and Impact - The allegations state that Organon provided overly positive statements to investors while concealing adverse facts about its priorities, particularly regarding capital allocation and a debt reduction strategy following the acquisition of Dermavant [3]. - As a result of these actions, Organon reduced its regular quarterly dividend by 70%, leading to a significant decline in stock price from $12.93 per share on April 30, 2025, to $9.45 per share on May 1, 2025, representing a drop of over 27% in just one day [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as October 31, 2024, to April 30, 2025, and shareholders are encouraged to register for participation in the class action [3][4]. - The deadline for shareholders to seek lead plaintiff status is July 22, 2025, and there is no cost or obligation for participation [4]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that artificially inflated stock prices [5].