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JHX DEADLINE TOMORROW: James Hardie Industries plc (JHX) Hit with Securities Class Action after 34% Stock Drop, Contact BFA Law by December 23 if You Suffered Losses
TMX Newsfile· 2025-12-22 12:18
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, et al., No. 1:25-cv-13018 [3]. - Investors have until December 23, 2025, to request to be appointed to lead the case, with claims asserted under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Background - James Hardie is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [4]. Group 3: Allegations of Fraud - During the relevant period, James Hardie claimed strong performance in its North American fiber cement segment, stating it was seeing "normal stock levels" and expected performance [5]. - The lawsuit alleges that the reported sales were due to inventory loading by channel partners, indicating fraudulent channel stuffing rather than genuine customer demand [5]. Group 4: Stock Performance - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers, which was first noted in April and May [6]. - Following this announcement, the stock price fell by $9.79 per share, a decline of over 34%, from $28.43 to $18.64 per share [6]. Group 5: Executive Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO of James Hardie [7].
Kessler Topaz Meltzer & Check, LLP Notifies StubHub Holdings, Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2025-12-21 18:21
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][2]. 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 [2]. - It is alleged that these undisclosed changes resulted in materially misleading reports regarding StubHub's free cash flow for the trailing 12 months [2]. - The complaint asserts that the positive statements made by StubHub about its business operations and prospects were materially false and lacked a reasonable basis due to the undisclosed issues [2]. Group 2: Lead Plaintiff Process - Investors in StubHub have until January 23, 2026, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4].
TUESDAY DEADLINE: Berger Montague Advises James Hardie Industries PLC (JHX) Investors to Inquire About a Securities Fraud Class Action by December 23, 2025
TMX Newsfile· 2025-12-21 14:06
Core Points - A class action lawsuit has been filed against James Hardie Industries plc on behalf of investors who purchased its common stock and American Depositary Shares between May 20, 2025, and August 18, 2025 [1][2] - The lawsuit claims that James Hardie overstated demand in its North American Fiber Cement segment and minimized the impact of distributor destocking that had started months prior [3] - Following the company's report of a 12% decline in segment sales on August 19, 2025, its stock price fell by over 34%, leading to significant losses for investors [3] Company Overview - James Hardie is a global building materials company that specializes in fiber cement products and is headquartered in Dublin, Ireland [2] Legal Context - Investors who purchased James Hardie securities during the specified Class Period have until December 23, 2025, to seek appointment as lead plaintiff representatives [2]
KMX COURT REMINDER: CarMax, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 2
Globenewswire· 2025-12-21 11:51
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 FY 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [5]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [5]. - Following the financial report, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [6]. - An unexpected CEO departure on November 6, 2025, and a weak preliminary Q3 outlook led to an additional stock drop of over 24% [6]. Group 3: Investigations and Concerns - The law firm Bleichmar Fonti & Auld LLP is investigating the circumstances surrounding the unexpected departure of CEO Bill Nash and whether CarMax adequately assessed its portfolio of car loans [4].
INSP COURT REMINDER: Inspire Medical Systems, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 5
Globenewswire· 2025-12-21 11:45
Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1]. Company Overview - Inspire Medical Systems develops and manufactures an implantable medical device for the treatment of sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [4]. Allegations and Issues - The lawsuit claims that Inspire misled investors by assuring them that all necessary steps were taken for the launch of Inspire V, which was supposed to meet high demand [5]. - Contrary to these assurances, Inspire allegedly failed to prepare clinicians and payors adequately, leading to significant delays in the device's adoption and weak demand due to customers having excess inventory of older devices [6]. Stock Performance and Impact - On August 4, 2025, Inspire disclosed that the launch of Inspire V would face an "elongated timeframe," resulting in a reduction of its 2025 earnings per share guidance by over 80% [7]. - The stock price dropped by $42.04 per share, or more than 32%, from $129.95 on August 4, 2025, to $87.91 on August 5, 2025, following this announcement [8].
ARE COURT REMINDER: Alexandria Real Estate Equities, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 26
Globenewswire· 2025-12-21 11:43
Core Viewpoint - A class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1]. Company Overview - Alexandria Real Estate is a real estate investment trust (REIT) focused on tenants in life science industries, including pharmaceutical and biotechnology companies [4]. Financial Performance - Alexandria Real Estate reported disappointing results for Q3 2025, leading to a stock price drop of $14.93 per share, or over 19%, from $77.87 to $62.94 on consecutive days [6]. - The company announced a real estate impairment charge of $323.9 million, with $206 million related to its Long Island City property, which was deemed not suitable for life science scaling [5][6]. Legal Proceedings - Investors have until January 26, 2026, to seek appointment as lead plaintiffs in the class action case, which is pending in the U.S. District Court for the Central District of California [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3].
DeFi Technologies Inc. Notice of January 30, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
Prnewswire· 2025-12-20 03:53
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies Inc. due to alleged securities fraud affecting investors between May 12, 2025, and November 14, 2025 [1][2]. Summary by Sections Class Definition - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud during the specified period [2]. Case Details - On November 13, 2025, DeFi Technologies announced its third-quarter financial results, revealing a nearly 20% decline in revenue, significantly below market expectations. The company also revised its 2025 revenue forecast from $218.6 million to approximately $116.6 million, citing delays in executing DeFi Alpha arbitrage opportunities due to increased competition and consolidation in digital asset price movements [3]. - Following this announcement, DeFi's share price dropped by $0.40, or 27.59%, closing at $1.05 per share on November 17, 2025 [3]. Legal Information - The case is identified as Linkedto Partners LLC v. DeFi Technologies Inc., et al., No. 25-cv-06637. Investors have until January 30, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require this status [4]. About Kahn Swick & Foti, LLC - Kahn Swick & Foti, LLC is a prominent boutique securities litigation law firm, recognized among the top 10 firms nationally based on total settlement value. The firm represents a diverse range of clients, including institutional and retail investors, in seeking recoveries for investment losses due to corporate fraud [4].
CPNG Investors Have Opportunity to Lead Coupang, Inc. Securities Fraud Lawsuit First Filed by the Firm
Prnewswire· 2025-12-19 22:01
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Coupang, Inc. (NYSE: CPNG) between August 6, 2025 and December 16, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 17, 2026 in the securities class action first filed by the Firm. So what: If y ...
Class Action Reminder for SFM Investors: Kessler Topaz Meltzer & Check, LLP Reminds Sprouts Farmers Market, Inc. (SFM) Investors of Securities Fraud Class Action Lawsuit
Globenewswire· 2025-12-19 18:37
Core Viewpoint - A securities class action lawsuit has been filed against Sprouts Farmers Market, Inc. for allegedly making false and misleading statements regarding its financial health and growth prospects during a specified class period from June 4, 2025, to October 29, 2025 [1][2]. Allegations Against Defendants - The lawsuit claims that Sprouts' reports of growth and stability were overly optimistic and did not reflect the reality of its financial situation [2]. - It is alleged that Sprouts' consumer base was not as resilient to macroeconomic pressures as claimed, leading to reduced spending [2]. - The anticipated benefits from macroeconomic pressures did not materialize, resulting in Sprouts failing to meet its growth projections [2]. - Consequently, the positive statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Lead Plaintiff Process - Investors in Sprouts have until January 26, 2026, to seek appointment as a lead plaintiff representative for the class [3]. - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received numerous accolades for its work [4].
ATTENTION: FUN SHAREHOLDERS: Securities Fraud Lawsuit Filed Against Six Flags Entertainment Corp
TMX Newsfile· 2025-12-19 17:08
Philadelphia, Pennsylvania--(Newsfile Corp. - December 19, 2025) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit against Six Flags Entertainment Corp. (NYSE: FUN) ("Six Flags" or the "Company") has been filed on behalf of investors who purchased or acquired Six Flags shares during the period of July 1, 2024 through November 5, 2025 (the "Class Period"), including in connection with the merger between Six Flags and Cedar Fair L.P. (the "Merger").Investor Deadline: In ...