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FCX CLASS NOTICE: Freeport-McMoRan Inc. Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by January 12
Newsfile· 2025-12-08 13:08
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [2][4]. 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, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - Investors have until January 12, 2026, to request to lead the case [4]. Group 2: Company Operations and Safety Claims - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [5][6]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent fatal incidents [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [7]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% and 6% decrease in copper and gold sales, the stock fell by $7.69 per share (almost 17%) [8]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [10]. - An Indonesian news report on September 28, 2025, suggested the incident was preventable, further impacting investor confidence [11].
STUB INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that StubHub Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-12-08 13:00
Core Viewpoint - The article discusses a class action lawsuit against StubHub Holdings, Inc. related to its initial public offering (IPO) on September 17, 2025, alleging violations of the Securities Act of 1933 due to misleading financial disclosures [1][3]. Company Overview - StubHub operates a ticketing marketplace for live event tickets globally [2]. - The company conducted its IPO on September 17, 2025, issuing approximately 34 million shares at an offering price of $23.50 per share [2]. Allegations of the Lawsuit - The lawsuit claims that the IPO's offering documents were materially false and misleading, omitting critical information about changes in payment timing to vendors, which adversely affected free cash flow [3]. - It is alleged that StubHub's free cash flow reports were misleading, with a reported negative free cash flow of $4.6 million for Q3 2025, representing a 143% decrease year-over-year [3]. - The company also reported a net cash provided by operating activities of only $3.8 million, a 69.3% decrease [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21% [3]. Stock Performance - By the time the class action lawsuit commenced, StubHub's stock price had declined to as low as $10.31 per share, marking a nearly 56% drop from the IPO price of $23.50 [4]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased StubHub common stock during the IPO to seek appointment as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [6].
SFM INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Sprouts Farmers Market, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-12-08 11:40
Core Viewpoint - The Sprouts Farmers Market, Inc. is facing a class action lawsuit alleging that the company and its executives misrepresented its financial stability and growth prospects during a period of macroeconomic pressure, leading to significant stock price declines after disappointing earnings announcements [1][3][4]. Company Overview - Sprouts Farmers Market, Inc. engages in the retailing of fresh, natural, and organic food products [2]. Allegations of the Lawsuit - The lawsuit claims that during the class period, Sprouts created a false impression of its resilience against macroeconomic pressures and overstated its growth projections, which ultimately did not materialize [3]. - On October 29, 2025, Sprouts reported disappointing third-quarter results, with comparable store growth falling below expectations, and subsequently lowered its fourth-quarter guidance and full-year estimates, leading to a stock price drop of over 26% [4]. Legal Process - Investors who purchased or sold put options on Sprouts securities during the class period can seek to be appointed as lead plaintiff in the class action lawsuit, representing the interests of all class members [5].
Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law
Globenewswire· 2025-12-08 10:40
Core Viewpoint - The article discusses a class action lawsuit against Six Flags Entertainment Corporation, alleging that the company and its executives misled investors regarding the financial health and operational needs of the company prior to its merger with Cedar Fair, L.P. [1][3] Company Overview - Six Flags Entertainment Corporation, previously known as CopperSteel HoldCo, Inc., is an amusement park operator that has faced significant scrutiny following its merger with Cedar Fair, L.P. [2][3] Allegations of the Lawsuit - The lawsuit claims that the registration statement for the merger failed to disclose critical information about Legacy Six Flags' financial condition, specifically chronic underinvestment and the need for substantial capital to maintain operations [3] - It is alleged that the company's executives, including CEO Selim Bassoul, misrepresented the company's investment initiatives and operational capabilities, leading to a decline in guest experience and operational competence [3] Stock Performance - Following the merger on July 1, 2024, Six Flags' stock price dropped from over $55 per share to as low as $20 per share, representing a nearly 64% decline [4]
AVTR Deadline: AVTR Investors with Losses in Excess of $100K Have Opportunity to Lead Avantor, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-12-07 23:59
Core Viewpoint - Rosen Law Firm is reminding purchasers of Avantor, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors [1][2]. Group 1: Class Action Details - The class action pertains to Avantor, Inc. common stock purchases made between March 5, 2024, and October 28, 2025, with a lead plaintiff deadline set for December 29, 2025 [1]. - Investors can join the class action without incurring out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Allegations Against Avantor - The lawsuit alleges that Avantor's competitive positioning was misrepresented, and that the company was negatively impacted by increased competition, leading to materially false and misleading statements about its business and prospects [4].
BTDR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Bitdeer Technologies Group Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-07 17:00
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group and certain officers for alleged violations of federal securities laws during the defined class period from June 6, 2024, to November 10, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Bitdeer made materially false and misleading statements while concealing adverse facts about the SEALMINER A4 project [3]. - It is alleged that the SEAL04 chip, which was expected to achieve a chip-level energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs as previously represented [3]. - The complaint also states that mass production of the SEAL04 chip was not anticipated to begin in the second quarter of 2025 as earlier indicated [3]. Group 2: Legal Process - Investors who purchased Bitdeer securities during the class period are encouraged to join the lawsuit, with a deadline to request lead plaintiff status by February 2, 2026 [2][4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].
Grabar Law Office Investigates Claims on Behalf of Long-Term Shareholders of Lantheus Holdings, Inc. (LNTH)
Newsfile· 2025-12-07 16:21
Core Viewpoint - Grabar Law Office is investigating claims on behalf of shareholders of Lantheus Holdings, Inc. regarding potential breaches of fiduciary duties by certain officers and directors [1]. Group 1: Investigation Details - The investigation focuses on whether Lantheus Holdings' officers and directors made false statements or concealed information about the company's revenue outlook and growth potential [3]. - Allegations include that the company misrepresented its understanding of market dynamics, particularly regarding the sales growth potential and pricing of its product Pylarify [3]. Group 2: Shareholder Actions - Shareholders who purchased Lantheus Holdings shares prior to November 6, 2024, and still hold them can seek corporate reforms and the return of funds to the company at no cost [2][4]. - Interested shareholders are encouraged to contact Grabar Law Office for more information on the investigation and potential actions [2][4].
Kessler Topaz Meltzer & Check, LLP Reminds StubHub Holdings, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit
Globenewswire· 2025-12-07 15:11
Core Viewpoint - A securities class action lawsuit has been filed against StubHub Holdings, Inc. for allegedly making false and misleading statements in its Offering Documents related to its September 2025 initial public offering [1][3]. Group 1: Allegations Against StubHub - The lawsuit claims that StubHub failed to disclose significant changes in the timing of payments to vendors, which adversely affected its free cash flow [3]. - It is alleged that these undisclosed changes rendered StubHub's free cash flow reports materially misleading [3]. - The complaint asserts that the positive statements made by StubHub regarding its business operations and prospects were materially false and lacked a reasonable basis due to the undisclosed issues [3]. Group 2: Legal Process and Participation - Investors in StubHub have until January 23, 2026, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is defined as a representative party who acts on behalf of all class members and typically has the largest financial interest in the case [4]. - Investors can choose to remain absent from the proceedings without affecting their ability to share in any potential recovery [4].
MLTX Deadline: MLTX Investors with Losses in Excess of $100K Have Opportunity to Lead MoonLake Immunotherapeutics Securities Fraud Lawsuit
Prnewswire· 2025-12-07 13:54
Core Points - Rosen Law Firm is reminding purchasers of MoonLake Immunotherapeutics common stock of the lead plaintiff deadline on December 15, 2025 for a class action lawsuit [1] - Investors who purchased shares during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] Company Details - The complaint alleges that during the Class Period, defendants made false or misleading statements regarding the differences between Nanobodies and monoclonal antibodies, specifically about SLK and BIMZELX [5] - Key misleading claims include that SLK and BIMZELX share the same molecular targets, that SLK's Nanobody structure would not provide superior clinical benefits, and that its supposed tissue penetration would not lead to clinical efficacy [5] Legal Process - To join the class action, investors can visit the provided link or contact Phillip Kim, Esq. for more information [3][6] - A lead plaintiff must file a motion with the Court by December 15, 2025, to represent other class members in the litigation [3] Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]
BAX DEADLINE: Faruqi & Faruqi Reminds Baxter International Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 15, 2025 - BAX
Newsfile· 2025-12-07 13:10
Core Viewpoint - Baxter International Inc. is facing a federal securities class action lawsuit due to allegations of making false and misleading statements regarding the safety and efficacy of its Novum LVP product, which has been linked to serious patient risks [4][5]. Group 1: Legal Proceedings - Faruqi & Faruqi, LLP is investigating potential claims against Baxter and reminds investors of the December 15, 2025 deadline to seek the role of lead plaintiff in the class action lawsuit [2]. - The lawsuit alleges that Baxter and its executives violated federal securities laws by failing to disclose systemic defects in the Novum LVP, which led to malfunctions and risks to patient safety [4]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, and any member can move to serve as lead plaintiff [6]. Group 2: Financial Impact - The true extent of the alleged fraud was revealed on July 31, 2025, when Baxter announced a voluntary pause in shipments and installations of the Novum LVP, resulting in a 22.4% drop in stock price, closing at $21.76 [5]. - Baxter was reportedly aware of multiple device malfunctions and injuries related to the Novum LVP but failed to take adequate remedial measures [4]. Group 3: Company Background - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in New York, Pennsylvania, California, and Georgia [3]. - The firm encourages anyone with information regarding Baxter's conduct to come forward, including whistleblowers and former employees [7].