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$BRBR Fraud Allegations: BellRing Brands, Inc. 33% Stock Drop Triggers Securities Fraud Class Action, Investors Notified to Contact BFA Law by March 23 to Protect Your Rights
TMX Newsfile· 2026-02-18 11:46
Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and certain senior executives for securities fraud, following a significant drop in stock price attributed to potential violations of federal securities laws [1][3]. Company Overview - BellRing Brands, Inc. develops, markets, and sells "convenient nutrition" products, primarily known for its ready-to-drink protein shakes under the Premier Protein brand [4]. Allegations of Securities Fraud - The lawsuit claims that BellRing misrepresented sales growth as being driven by increased consumer demand, attributing it to "organic growth" and "strong macro tailwinds," while downplaying competitive pressures [4]. - It is alleged that the actual sales growth was due to key customers stockpiling inventory rather than genuine consumer demand, leading to a subsequent admission of weakened demand due to competitive pressures [4]. Stock Price Impact - On May 6, 2025, BellRing's CFO announced that several key retailers had reduced their inventory levels, leading to a projected mid-single-digit headwind for Q3 growth, resulting in a stock price drop of $14.88 per share (19%) from $78.43 to $63.55 [5]. - Following the Q3 2025 financial results reported on August 4, 2025, and subsequent comments about increased competition, the stock price fell by $17.46 per share (nearly 33%) from $53.64 to $36.18 on August 5, 2025 [6][7]. Legal Proceedings - Investors have until March 23, 2026, to request to lead the case in the U.S. District Court for the Southern District of New York, under the caption Denha v. BellRing Brands, Inc. [3].
$PFSI Fraud Allegations: PennyMac Financial Services, Inc. 37% Stock Drop Triggers Securities Fraud Investigation, Investors Notified to Contact BFA Law to Protect Your Rights
TMX Newsfile· 2026-02-18 11:46
Core Viewpoint - PennyMac Financial Services, Inc. is under investigation for potential violations of federal securities laws related to its mortgage recapture efforts as interest rates declined [1][2][3]. Company Overview - PennyMac originates and services home mortgages and has recently increased its capacity to originate loans to retain borrowers seeking to refinance [2]. - The company has publicly claimed improvements in its recapture rates during this period [2]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages [3]. Financial Performance - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, revealing that increased origination capacity was not sufficient due to heightened competition in the market [4]. - Following the earnings call, PennyMac's stock price dropped over 37%, from $140.70 per share to as low as $93.50 per share [4].
$FRMI Fraud Allegations: Fermi Inc. 33% Stock Drop Triggers Securities Fraud Class Action, Investors Notified to Contact BFA Law by March 6 to Protect Your Rights
TMX Newsfile· 2026-02-18 11:46
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drop attributed to potential violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI workloads [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI operations [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Performance - Following the announcement of the First Tenant's termination of the construction agreement on December 11, 2025, Fermi's stock dropped by $5.16, or over 33%, from $15.25 to $10.09 per share [7].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Galaxy Digital Inc. - GLXY
Globenewswire· 2026-02-17 22:14
Group 1 - Galaxy Digital Inc. is under investigation by Pomerantz LLP for potential securities fraud or unlawful business practices involving its officers and/or directors [1] - On February 3, 2026, Galaxy reported a net loss of $482 million for Q4 2025, which was below analyst expectations, primarily due to the depreciation of digital asset prices [2] - Following the financial results announcement, Galaxy's stock price dropped by $4.46 per share, or 16.87%, closing at $21.98 per share [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Beta Bionics, Inc. - BBNX
Globenewswire· 2026-02-17 22:00
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Beta Bionics, Inc. (“Beta Bionics” or the “Company”) (NASDAQ: BBNX).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Beta Bionics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Citizens BancShares, Inc. - FCNCA
Globenewswire· 2026-02-17 21:59
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of First Citizens BancShares, Inc. (“First Citizens” or the “Company”) (NASDAQ: FCNCA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether First Citizens and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Atlassian Corporation - TEAM
Globenewswire· 2026-02-17 21:56
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Atlassian Corporation and its officers or directors [1]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Atlassian Corporation and is urging them to contact the firm for further information [1]. - The investigation focuses on whether Atlassian and its executives have engaged in any fraudulent activities [1]. Group 2: Stock Performance and Analyst Opinions - On January 16, 2026, Citi reduced its price target for Atlassian's stock from $240 to $210, citing concerns over the quality of revenue growth and the impact of code assistant platforms [3]. - Following the downgrade, Atlassian's stock price dropped by $9.90, or 7.71%, closing at $118.55 per share on the same day [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rambus Inc. - RMBS
Globenewswire· 2026-02-17 21:54
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rambus Inc. (“Rambus” or the “Company”) (NASDAQ: RMBS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Rambus and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On February 2, 2026, Rambus reported its fourth quarter and fiscal year 2025 financi ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Patria Investments Limited - PAX
Globenewswire· 2026-02-17 21:52
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Patria Investments Limited and its officers or directors [1] Group 1: Investigation Details - Pomerantz LLP is representing investors of Patria Investments Limited and is urging them to contact the firm for further information [1] - The investigation is focused on whether Patria has engaged in securities fraud or other unlawful business practices [1] Group 2: Allegations and Market Reaction - On January 26, 2026, Snowcap Research published a report claiming that Patria may be overstating its performance and concealing losses in its private equity and infrastructure funds [3] - Following the release of this report, Patria's stock price decreased by $0.78 per share, representing a 4.55% decline, closing at $16.37 per share on the same day [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Apollo Global Management, Inc. - APO
Globenewswire· 2026-02-17 21:50
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Apollo Global Management, Inc. (“Apollo” or the “Company”) (NYSE: APO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Apollo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On Febr ...