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Shareholder Alert: The Ademi Firm investigates whether Hillenbrand Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-15 16:30
Core Viewpoint - The Ademi Firm is investigating Hillenbrand for potential breaches of fiduciary duty and other legal violations related to its transaction with Lone Star Funds, which involves a significant financial arrangement for shareholders [1][3]. Group 1: Transaction Details - Hillenbrand shareholders will receive $32.00 per share, leading to an enterprise value of approximately $3.8 billion [2]. - The transaction agreement includes provisions that significantly limit competing offers for Hillenbrand, imposing penalties if a competing bid is accepted [3]. Group 2: Investigation Focus - The investigation is centered on the conduct of Hillenbrand's board of directors to determine if they are fulfilling their fiduciary duties to all shareholders [3].
FLR INVESTOR NOTICE: Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit – RGRD LLP
Globenewswire· 2025-10-14 22:43
Core Viewpoint - Fluor Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Maglione v. Fluor Corporation, allows purchasers of Fluor securities from February 18, 2025, to July 31, 2025, to seek lead plaintiff status by November 14, 2025 [1]. - The lawsuit alleges that Fluor's costs for major infrastructure projects, including the Gordie Howe International Bridge and Texas highways, were increasing due to subcontractor errors, price hikes, and scheduling delays [2][3]. Group 2: Financial Impact - Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which is a 5.9% year-over-year decline and $570 million below expectations [4]. - Following the disappointing earnings report, Fluor's stock price dropped by over 27%, attributed to rising costs and reduced capital spending from clients [4]. Group 3: Allegations of Misleading Information - The lawsuit claims that Fluor's financial guidance for fiscal year 2025 was unrealistic and that the company overstated the effectiveness of its risk mitigation strategies while understating the impact of economic uncertainty on its business [3].
Shareholder Alert: The Ademi Firm investigates whether Astria Therapeutics Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-14 15:25
Core Viewpoint - The Ademi Firm is investigating Astria for potential breaches of fiduciary duty related to its transaction with BioCryst, which may not be in the best interest of all shareholders [1][3]. Group 1: Transaction Details - Shareholders of Astria will receive $13.00 per share, consisting of $8.55 in cash and 0.59 shares of BioCryst common stock, indicating an enterprise value of approximately $700 million and an aggregate equity value of $920 million [2]. - The transaction agreement includes provisions that significantly limit competing offers for Astria, imposing a substantial penalty if a competing bid is accepted [3]. Group 2: Investigation Focus - The investigation is centered on the conduct of the Astria board of directors to determine if they are fulfilling their fiduciary duties to all shareholders amidst the transaction with BioCryst [3].
INVESTOR DEADLINE TOMORROW: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - KLC
Prnewswire· 2025-10-13 09:00
Core Viewpoint - The KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading information regarding child care quality and incidents of abuse at its facilities [1][4]. Group 1: IPO Details - KinderCare sold over 27 million shares at $24 per share during its IPO, raising a total of $648 million in gross proceeds [3]. - Following the IPO, KinderCare's stock price has significantly declined to lows near $9 per share [5]. Group 2: Allegations in the Lawsuit - The lawsuit claims that the registration statement for the IPO was false and misleading, failing to disclose numerous incidents of child abuse and neglect at KinderCare facilities [4]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic standards in the child care industry, exposing the company to undisclosed risks of lawsuits and reputational damage [4]. Group 3: Legal Process - Investors who purchased KinderCare common stock in or traceable to the IPO have until October 14, 2025, to seek appointment as lead plaintiff in the class action lawsuit [1][6]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has a strong track record in securing monetary relief for investors, being ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [7].
WPP INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that WPP plc Investors with Substantial Losses Have Opportunity to Lead the WPP Class Action Lawsuit
Globenewswire· 2025-10-10 16:49
Core Viewpoint - The WPP class action lawsuit alleges that WPP plc and its executives misled investors regarding the company's revenue outlook and growth potential during the Class Period, ultimately leading to significant stock price declines following disappointing performance updates [3][4]. Group 1: Lawsuit Details - The class action lawsuit seeks to represent purchasers of WPP plc common stock from February 27, 2025, to July 8, 2025, inclusive [1]. - The lawsuit is titled Marty v. WPP plc and is filed in the Southern District of New York [1]. - Allegations include creating a false impression of reliable revenue projections while downplaying risks associated with seasonality and macroeconomic factors [3]. Group 2: Performance Issues - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing it to macroeconomic uncertainties and weaker new business than expected [4]. - The company also announced the retirement of CEO Mark Read effective December 31, 2025, which contributed to an over 18% drop in WPP's stock price on the same day [4]. Group 3: Legal Process - Investors who purchased WPP common stock during the Class Period can seek to be appointed as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class actions for four out of the last five years [6].
Shareholder Alert: The Ademi Firm investigates whether Akero Therapeutics Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-09 15:00
Group 1 - Akero shareholders will receive $54.00 per share, equating to an equity value of approximately $4.7 billion [2] - Shareholders are entitled to a contingent value right for an additional $6.00 per share if Akero's drug efruxifermin receives full U.S. regulatory approval by June 30, 2031 [2] - Akero insiders will benefit significantly from change of control arrangements as part of the transaction [2] Group 2 - The transaction agreement imposes a significant penalty on Akero for accepting competing bids, which raises concerns about the board's fiduciary duties [3] - An investigation is underway regarding the conduct of Akero's board of directors in relation to their obligations to shareholders [3] - The Ademi Firm specializes in shareholder litigation related to buyouts, mergers, and individual shareholder rights [3]
INVESTOR DEADLINE NEXT WEEK: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CHTR
Prnewswire· 2025-10-07 10:00
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [4][5]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., No. 25-cv-06747 (S.D.N.Y.) and involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [2][6]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, which led to a decline in Internet customers and revenue [4]. - It is alleged that the company did not execute broader operations effectively to compensate for the ACP's end, resulting in greater risks to business plans and earnings growth than reported [4]. - The lawsuit highlights that Charter Communications had no reasonable basis for optimistic statements regarding its operations and EBITDA growth [4]. Group 3: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5%, alongside a loss of 117,000 Internet customers, which included approximately 50,000 disconnects due to the ACP's end [5]. - Following this announcement, Charter Communications' stock price fell by more than 18% [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].
Shareholder Alert: The Ademi Firm investigates whether Comerica Incorporated is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-06 16:15
Group 1 - The Ademi Firm is investigating Comerica for possible breaches of fiduciary duty and other legal violations related to its transaction with Fifth Third [1] - Comerica shareholders will receive 0.18663 shares of Fifth Third for each Comerica share, equating to $82.88 per share based on Fifth Third's closing stock price on October 3, 2025 [2] - Following the transaction, Fifth Third shareholders will own approximately 73% of the combined company, while Comerica shareholders will own about 27% [2] - The transaction agreement imposes significant penalties on Comerica for accepting competing bids, raising concerns about the board's fulfillment of fiduciary duties to shareholders [3]
Shareholder Alert: The Ademi Firm investigates whether Heidrick & Struggles International Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-06 15:45
Core Viewpoint - Heidrick is under investigation for potential breaches of fiduciary duty and other legal violations related to its transaction with Advent and Corvex, which involves a significant all-cash buyout offer [1][2]. Group 1: Transaction Details - Shareholders of Heidrick will receive $59.00 per share in an all-cash transaction valued at approximately $1.3 billion [2]. - The transaction agreement includes provisions that unreasonably limit competing offers for Heidrick, imposing a significant penalty if a competing bid is accepted [2]. Group 2: Board Conduct - The investigation focuses on the conduct of the Heidrick board of directors to determine if they are fulfilling their fiduciary duties to all shareholders [2].
CHTR INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Globenewswire· 2025-09-28 17:40
Core Viewpoint - The article discusses a class action lawsuit against Charter Communications, alleging violations of the Securities Exchange Act of 1934 due to misleading statements and failure to disclose significant impacts on the company's performance related to the end of the Federal Communications Commission's Affordable Connectivity Program [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [2][6]. - The lawsuit alleges that Charter Communications and its executives made false statements regarding the company's ability to manage the impact of the Affordable Connectivity Program's end, which affected customer retention and revenue [4]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5% [5]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the Affordable Connectivity Program [5]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [5]. Group 3: Company Background - Charter Communications operates as a broadband connectivity and cable operator, serving both residential and commercial customers [3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized for its significant recoveries in securities fraud cases, having recovered over $2.5 billion for investors in 2024 alone [7].