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Primo Brands (PRMB) Faces Securities Class Action Following Revelations of Integration Failure and 36% Stock Crash - Hagens Berman
Prnewswire· 2025-12-03 20:11
1&h=869702521&u=https://www.hbsslaw.com/attorneys/reed-kathrein&a=Reed+Kathrein), the Hagens Berman partner leading the investigation. "We urge investors who suffered substantial losses to[contact our firm immediately to discuss their rights](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4571888- 1&h=1030348621&u=https://www.hbsslaw.com/investor- fraud/prmb&a=contact+our+firm+immediately+to+discuss+their+rights)."**Key Allegations & Facts for PRMB Investors*** **Class Period:**June 17, 2024 –Nov. 6, 2025* ...
Stride (LRN) Investor Lawsuit Claims Company Misled Investors About "Ghost Students" and Poor Customer Experience - Hagens Berman
Prnewswire· 2025-12-03 20:07
Core Viewpoint - The article highlights a securities fraud class action lawsuit against Stride, Inc. (NYSE: LRN), alleging that the company misled investors about its operational health and compliance, leading to a significant stock decline of over 54% following negative disclosures [1]. Group 1: Lawsuit Details - The lawsuit is being led by investor rights law firm Hagens Berman, which is reminding investors of the deadline to apply for lead plaintiff status by January 12, 2026 [1]. - Stride, Inc. is identified as one of the largest providers of online educational services in the United States [1]. Group 2: Financial Impact - The stock of Stride, Inc. experienced a crash of over 54% as a result of the alleged misleading information regarding the company's operational health [1].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Jayud Global Logistics Limited (NASDAQ: JYD)
Globenewswire· 2025-12-03 17:45
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited, alleging violations of the Securities Exchange Act of 1934 due to misrepresentations and involvement in a "pump-and-dump" scheme [1][4]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Jayud securities between April 21, 2023, and April 30, 2025 [1]. - The lawsuit claims that certain senior officers of Jayud were involved in misleading investors through sensational claims made in online forums and social media [4]. Group 2: Class Action Participation - Investors who wish to participate as lead plaintiffs must file necessary documents by January 20, 2026, although participation as a class member does not require this [5]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [6]. - The firm has been recognized multiple times in legal industry rankings, indicating its reputation and experience in handling such cases [6].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against DeFi Technologies Inc. (NASDAQ: DEFT)
Globenewswire· 2025-12-03 17:45
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. for alleged violations of the Securities Exchange Act of 1934, specifically regarding misrepresentations about the company's revenue guidance for fiscal year 2025 [1][2]. Group 1 - The complaint was filed in the United States District Court for the Eastern District of New York on behalf of investors who purchased or acquired DeFi Technologies securities between May 12, 2025, and November 14, 2025 [1]. - The lawsuit alleges that certain senior officers of DeFi Technologies made misrepresentations concerning the company's financial performance [2]. - Investors are encouraged to join the class action lawsuit and discuss their legal rights and options [2]. Group 2 - Interested parties wishing to serve as lead plaintiff must file papers by January 30, 2026, and representation is on a contingency fee basis, meaning shareholders pay no fees or expenses [3]. - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has been recognized for its success in litigating class actions [4].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against StubHub Holdings, Inc. (NYSE: STUB)
Globenewswire· 2025-12-03 17:45
Core Viewpoint - A class action complaint has been filed against StubHub Holdings, Inc. and certain senior officers, alleging violations of the Securities Act of 1933 related to the company's September 2025 IPO, specifically regarding misrepresentations in the Registration Statement [1][4]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased StubHub common stock during the IPO [1]. - The allegations include that the defendants failed to disclose significant changes in payment timing to vendors, which adversely affected the company's free cash flow [4]. Group 2: Financial Impact - The changes in payment timing had a significant adverse impact on the trailing 12 months (TTM) free cash flow, leading to materially misleading reports regarding the company's financial health [4]. Group 3: Class Action Participation - Investors wishing to serve as lead plaintiffs must file papers by January 23, 2026, although participation as a lead plaintiff is not required to share in any potential recovery [5].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Alexandria Real Estate Equities, Inc. (NYSE: ARE)
Globenewswire· 2025-12-03 17:45
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a complaint has been filed in the United States District Court for the Central District of California on behalf of investors (the “Class”) who purchased or acquired the securities of Alexandria Real Estate, Inc. (“Alexandria” or the “Company”) (NYSE: ARE) between January 27, 2025 through October 27, 2025, inclusive, alleging violations of the Securities Exchange Act of 1934 aga ...
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Freeport-McMoran Inc. (NYSE: FCX)
Globenewswire· 2025-12-03 17:45
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a complaint was filed in the United States District Court for the District of Arizona on behalf of investors (the “Class”) who purchased or acquired the securities of Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX) between February 15, 2022 and September 24, 2025, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certa ...
Robbins Geller Rudman & Dowd LLP Announces that Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-12-03 17:00
SAN DIEGO,Dec. 3, 2025/PRNewswire/ --The law firm of**[Robbins Geller Rudman & Dowd LLP] 1&h=2080549554&u=https://www.rgrdlaw.com/services-litigation-securities-fraud.html&a=https://www.rgrdlaw.com/services- litigation-securities-fraud.html)**Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.Contact:Robbins Geller Rudman & Dowd LLPJ.C. Sanchez, Jennifer N. Caringal655 W. Broadway, Suite 1900, San Diego, CA 92101800-449-4900**[[emailprotected]](/cdn-cg ...
PRGO INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Perrigo Company plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-03 15:55
Core Viewpoint - The article discusses a class action lawsuit against Perrigo Company plc, alleging violations of the Securities Exchange Act of 1934 due to misleading statements and undisclosed issues related to its acquisition of Nestlé's infant formula business [1][2]. Company Overview - Perrigo Company plc is involved in providing over-the-counter health and wellness solutions [1]. - The company acquired Nestlé's Gateway infant formula plant and the rights to the Good Start® brand for $170 million in November 2022 [1]. Allegations and Financial Impact - The lawsuit claims that Perrigo's executives made false statements regarding the condition of the acquired infant formula business, which suffered from underinvestment and significant operational deficiencies [1]. - On February 27, 2024, Perrigo disclosed additional costs of $35 million to $45 million for remediation, leading to a 50% decline in earnings per share compared to the previous year [1]. - Following further disclosures, Perrigo's stock price fell over 15% on February 27, 2024, nearly 10% on May 7, 2024, and more than 11% on August 6, 2025, due to ongoing issues with the infant formula business [1]. - On November 5, 2025, Perrigo announced a strategic review of its infant formula business and revised its fiscal year 2025 outlook, resulting in a stock price drop of over 25% [1]. Legal Process - Investors who purchased Perrigo securities during the class period (February 27, 2023, to November 4, 2025) can seek appointment as lead plaintiff in the class action lawsuit [1]. - The lead plaintiff will represent the interests of all class members and can select a law firm to litigate the case [1].
LRN NEWS: Stride, Inc. Sued for Securities Fraud after Stock Plummets 50% -- Investors Notified to Contact BFA Law by January 12 Deadline
Globenewswire· 2025-12-03 12:47
Core Points - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][2] - Investors have until January 12, 2026, to seek appointment as lead plaintiffs in the case, which is pending in the U.S. District Court for the Eastern District of Virginia [2] Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3] - The company previously claimed to experience "increasing growth" and "in-year strength in demand" for its products and services [3] Allegations - The lawsuit alleges that Stride inflated enrollment numbers by retaining "ghost students," failed to comply with employee background checks and licensure laws, and provided a "poor customer experience" leading to higher withdrawal rates and lower conversion rates [3][4] - Stride's admission of poor customer experience resulted in an estimated 10,000-15,000 fewer enrollments, leading to a muted outlook compared to previous years [5] Stock Performance - Following the fraud allegations reported on September 14, 2025, Stride's stock dropped by $18.60, or over 11%, from $158.36 to $139.76 per share [4] - After Stride's admission of poor customer experience on October 28, 2025, the stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share [5]