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Inovio Pharmaceuticals, Inc. (INO) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-02-25 17:00
Core Viewpoint - Inovio Pharmaceuticals, Inc. is facing a securities fraud class action lawsuit due to alleged failures in disclosing critical information regarding its manufacturing processes and regulatory submissions related to the INO-3107 product [1]. Group 1: Lawsuit Details - The lawsuit claims that from October 10, 2023, to December 26, 2025, Inovio failed to disclose deficiencies in the manufacturing of its CELLECTRA device [1]. - It is alleged that Inovio is unlikely to submit the Biologics License Application (BLA) for INO-3107 to the FDA by the second half of 2024 [1]. - The company reportedly lacked sufficient information to support the eligibility of INO-3107 for FDA accelerated approval or priority review [1]. Group 2: Impact on Company Statements - The lawsuit asserts that the overall regulatory and commercial prospects of INO-3107 were overstated by the company [1]. - Positive statements made by Inovio regarding its business, operations, and future prospects were claimed to be materially misleading and lacked a reasonable basis [1].
Bronstein, Gewirtz & Grossman LLC Urges Lakeland Industries, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-02-25 17:00
Core Viewpoint - A class action lawsuit has been filed against Lakeland Industries, Inc. for alleged violations of federal securities laws during the Class Period from December 1, 2023, to December 9, 2025, due to misleading statements regarding the company's business and financial health [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Lakeland securities during the specified Class Period [2]. - The Complaint alleges that Lakeland's management made materially false and misleading statements about the company's operations, particularly concerning its Pacific Helmets and Jolly businesses, which faced significant issues such as shipping delays and production problems [3]. - Defendants are accused of overstating the positive impact of these businesses on Lakeland's financial results and the overall strength of their operations [3]. Group 2: Financial Performance Issues - The Complaint highlights that Lakeland's financial results were deteriorating due to various factors, including tariff-related challenges, certification delays, and material flow issues in acquired businesses [3]. - Defendants allegedly overstated the effectiveness of their tariff mitigation measures and the strategy related to mergers and acquisitions [3]. - As a result of these issues, the financial guidance provided by the Defendants was deemed unreliable, leading to materially false and misleading public statements [8]. Group 3: Next Steps for Investors - Investors who suffered losses in Lakeland have until April 24, 2026, to request to be appointed as lead plaintiff in the class action [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]. - The firm has a history of recovering significant amounts for investors in similar cases, emphasizing their commitment to restoring investor capital and ensuring corporate accountability [6].
PayPal Holdings, Inc. (PYPL) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-02-25 17:00
PayPal Holdings, Inc. (PYPL) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit [Accessibility Statement] Skip NavigationLOS ANGELES, Feb. 25, 2026 /PRNewswire/ -- [The Law Offices of Frank R. Cruz] announces that investors with losses related to PayPal Holdings, Inc. ("PayPal" or the "Company") (NASDAQ: [PYPL]) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PAYPAL HOLDINGS, INC. (PYPL), CLICK [HERE] BEFORE APRIL 20 ...
Driven Brands Holdings Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
Globenewswire· 2026-02-25 15:45
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Driven Brands Holdings Inc. due to material errors in the company's financial statements, which may allow for recovery of investor losses under federal securities laws [1][3][5]. Group 1: Investigation Details - The investigation focuses on whether Driven Brands' executive officers are liable for the losses incurred by investors [1][5]. - Driven Brands disclosed that its Audit Committee found material errors in previously issued consolidated financial statements for the fiscal years ended December 30, 2023, and December 28, 2024, as well as in unaudited condensed consolidated financial statements for various quarterly periods [3][4]. - The company stated that these financial statements should no longer be relied upon and will require restatement, indicating ongoing reviews may identify further material errors [3][4]. Group 2: Market Reaction - Following the disclosure of the financial statement errors, Driven Brands' shares declined more than 30% in pre-market trading on February 25, 2026 [4]. Group 3: Company Background - Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm that represents individual and institutional investors in securities class action lawsuits [5]. - The firm has been recognized among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services in 2024, having recovered approximately $90.725 million for clients in cases where it served as lead or co-lead counsel [6].
COREWEAVE, INC. (CRWV) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-02-25 14:41
Core Points - A class action lawsuit has been filed against CoreWeave, Inc. on behalf of investors who acquired its securities between March 28, 2025, and December 15, 2025 [1][2] - CoreWeave, based in Livingston, NJ, is an AI cloud computing company that offers advanced AI infrastructure and proprietary software through its Cloud Platform [2] - The company's IPO on March 28, 2025, priced shares at $40, which surged to $183.58 by June 20, 2025, indicating strong demand [3] - The lawsuit alleges that CoreWeave made misstatements regarding its ability to meet demand and downplayed risks associated with reliance on a single third-party data center provider [3] - Significant losses were reported by investors when the truth about the company's operations began to emerge in October 2025 [3]
Varonis Systems, Inc. (VRNS) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
TMX Newsfile· 2026-02-25 14:21
Group 1 - A class action lawsuit has been filed against Varonis Systems, Inc. on behalf of investors who acquired Varonis securities between February 4, 2025, and October 28, 2025 [1] - The lawsuit alleges that Varonis and its executives misled investors regarding the company's ability to convert its existing customer base, leading to reduced annual recurring revenue (ARR) growth potential [3] - Following the revelation of the true state of customer renewals and conversions, Varonis' stock price fell from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of over 48% in a single day [4] Group 2 - Investors who purchased Varonis securities during the class period have until March 9, 2026, to seek appointment as lead plaintiff representative [2] - Berger Montague, the law firm handling the case, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [5]
Enphase Energy, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 20, 2026 to Discuss Your Rights - ENPH
Prnewswire· 2026-02-25 14:00
Core Viewpoint - Enphase Energy, Inc. is facing a class action securities lawsuit due to alleged securities fraud that occurred between April 22, 2025, and October 28, 2025, which claims the company made false statements regarding its financial and operational prospects [1]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors adversely affected by the alleged fraud [1]. - The complaint alleges that Enphase overstated its ability to manage channel inventory and mitigate effects from the termination of the 25D Credit, leading to materially false and misleading public statements [1]. Group 2: Investor Information - Investors who suffered losses during the relevant time frame have until April 20, 2026, to request to be appointed as lead plaintiff [1]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [1]. Group 3: Legal Representation - 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 [1]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [1].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 6, 2026 in BlackRock TCP Capital Corp. Lawsuit - TCPC
Prnewswire· 2026-02-25 14:00
Core Viewpoint - A class action securities lawsuit has been filed against BlackRock TCP Capital Corp. alleging securities fraud affecting investors between November 6, 2024, and January 23, 2026 [1] Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP made false statements and concealed critical information regarding the valuation of its investments and the effectiveness of its portfolio restructuring efforts [1] - Allegations include that the company's unrealized losses were understated and its net asset value was overstated, leading to materially misleading statements about its business and prospects [1] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 6, 2026, to request appointment as lead plaintiff in the lawsuit [1] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [1] 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 [1] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [1]
Class Action Filed Against Fermi Inc. (FRMI) - March 6, 2026 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2026-02-25 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) alleging securities fraud related to the company's initial public offering and subsequent operations [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Fermi Inc. common stock during its October 2025 IPO and between October 1, 2025, and December 11, 2025 [1] - Allegations include that the company overstated tenant demand for its Project Matador campus and concealed reliance on a single tenant's funding commitment [1] - The complaint also states there was a significant risk that the tenant could terminate its funding commitment, leading to misleading positive statements about the company's business and prospects [1] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until March 6, 2026, to request appointment as lead plaintiff [1] - Participation in the lawsuit does not require serving as a lead plaintiff and incurs no out-of-pocket costs for class members [1] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [1] - 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 United States [1]
Shareholders that lost money on PayPal Holdings, Inc.(PYPL) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Prnewswire· 2026-02-25 14:00
Core Viewpoint - PayPal Holdings, Inc. is facing a class action lawsuit due to alleged securities fraud that affected investors between February 25, 2025, and February 2, 2026, following disappointing financial results and a sudden CEO transition [1]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for PayPal investors who were misled by overly optimistic statements regarding the company's financial targets for 2027 and the growth of its Branded Checkout segment [1]. - Defendants allegedly provided materially false and misleading information about PayPal's salesforce capabilities, suggesting it was well-equipped to meet growth expectations, which was later proven inaccurate [1]. - Following the announcement of disappointing fourth-quarter and full-year 2025 results, PayPal's stock price dropped from $52.33 to $41.70, a decline of approximately 20.31% in one day [1]. Group 2: Financial Performance - PayPal's financial results revealed a worsening performance in the Branded Checkout segment, leading to the withdrawal of previously set financial targets for 2027 [1]. - The company attributed its underperformance to macroeconomic factors, competition, and operational issues across all regions [1]. Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until April 20, 2026, to request appointment as lead plaintiff in the class action [1]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [1].