Securities Fraud
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PUBM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that PubMatic, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-08-25 20:00
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased PubMatic securities between February 27, 2025, and August 11, 2025 [2]. - The complaint alleges that PubMatic's executives made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3]. - Specific allegations include the failure to disclose a significant shift of clients by a top DSP buyer to a new platform, resulting in reduced ad spend and revenue for PubMatic [3]. Group 2: Next Steps - Investors who suffered losses in PubMatic have until October 20, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering hundreds of millions of dollars for investors in securities fraud cases [6].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Tronox Holdings plc – TROX
GlobeNewswire News Room· 2025-08-25 16:18
Group 1 - Tronox Holdings plc is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - For Q2 2025, Tronox reported revenue of $731 million, a 10.9% year-over-year decline, and missed consensus estimates by $53.45 million [3] - The company cited delays in Brazil's anti-dumping investigation as a factor impacting sales in the region and revised its 2025 financial outlook [3] Group 2 - Following the financial results announcement, Tronox's stock price dropped by $1.95 per share, or 37.94%, closing at $3.19 per share on July 31, 2025 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Albany International Corp. – AIN
GlobeNewswire News Room· 2025-08-25 16:16
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Albany International Corp and its officers or directors [1] Financial Performance - Albany International Corp reported non-GAAP earnings per share of $0.57 for Q2 2025, which was $0.16 below consensus estimates [3] - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3] - Following the earnings report, Albany's stock price dropped by $16.77, or 23.63%, closing at $54.19 per share on July 31, 2025 [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Confluent, Inc. – CFLT
GlobeNewswire News Room· 2025-08-25 16:13
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Confluent, Inc. and its officers or directors, following a significant drop in the company's stock price after disappointing financial results [1][3]. Financial Performance - On July 30, 2025, Confluent reported its second-quarter financial results, indicating that consumption growth was negatively affected by ongoing optimization efforts, with month-over-month trends lagging behind previous years [3]. - The company's Chief Financial Officer noted that an AI-native customer shifted towards self-management of internal data platforms, leading to a reduction in Confluent Cloud usage [3]. - Following the earnings announcement, Confluent's stock price decreased by $8.68 per share, representing a decline of 32.86%, closing at $17.73 per share on July 31, 2025 [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Inspire Medical Systems, Inc. - INSP
GlobeNewswire News Room· 2025-08-25 15:57
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Inspire Medical Systems and its executives following a significant reduction in the company's financial outlook [1][3]. Financial Performance - On August 4, 2025, Inspire Medical Systems announced its second quarter financial results, revising its full-year revenue outlook to $900 million - $910 million and diluted net income per share to $0.40 - $0.50, down from previous guidance of $940 million - $955 million and $2.20 - $2.30 [3]. - The company attributed these reductions to slower-than-expected progress in the commercial launch of its next generation Inspire V neurostimulation system [3]. Market Reaction - Following the announcement of the revised financial outlook, Inspire's stock price experienced a significant decline, falling by $42.04 per share, or 32.35%, to close at $87.91 per share on August 5, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Marex Group PLC - MRX
GlobeNewswire News Room· 2025-08-25 15:53
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Marex Group PLC following a critical report by NINGI Research that alleges significant financial misconduct [1][3]. Group 1: Investigation and Allegations - Pomerantz LLP is representing investors of Marex Group PLC and is looking into claims of securities fraud or other unlawful practices by the company and its officers [1]. - NINGI Research published a report on August 5, 2025, claiming that Marex has been involved in a multi-year accounting scheme that includes opaque off-balance-sheet entities and misleading disclosures to hide losses and inflate profits [3]. - The report describes Marex as a "financial house of cards," indicating that its balance sheet has significant issues and its financial statements are deemed unreliable [3]. Group 2: Market Reaction - Following the release of the NINGI Research report, Marex's stock price dropped by $2.33, or 6.19%, closing at $35.31 per share on August 5, 2025 [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Six Flags Entertainment Corporation - FUN
GlobeNewswire News Room· 2025-08-25 15:44
Core Insights - Six Flags Entertainment Corporation is under investigation for potential securities fraud and unlawful business practices [1] - The company reported disappointing Q2 2025 results, lowering its EBITDA guidance significantly [3] - Following the announcement, Six Flags' stock price experienced a substantial decline [4] Financial Performance - Six Flags reduced its EBITDA guidance for the year to between $860 million and $910 million, down from a previous expectation of $1.08 billion to $1.12 billion [3] - The downgrade was attributed to several factors, including first-half results and a smaller season-pass base [3] Management Changes - Richard Zimmerman, the president and CEO of Six Flags, plans to step down from his roles by the end of the year [3] Market Reaction - On August 6, 2025, Six Flags' stock price fell by $6.38 per share, or 20.78%, closing at $24.32 per share [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CPI Card Group Inc. - PMTS
GlobeNewswire News Room· 2025-08-25 15:43
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving CPI Card Group Inc. and its officers or directors, following disappointing financial results and a significant stock price drop [1][3][4]. Financial Performance - On August 8, 2025, CPI reported second quarter 2025 financial results that missed both top-line and bottom-line estimates, with a GAAP earnings-per-share of $0.04, missing estimates by $0.46, and revenue of $129.75 million, missing estimates by $3.21 million [3]. - The company updated its 2025 outlook, now expecting net sales growth in the low double-digit to mid-teens range, an increase from the previous mid-to-high single-digit growth forecast, attributed to the acquisition of Arroweye Solutions, Inc. [3]. Stock Market Reaction - Following the announcement of the financial results, CPI's stock price fell by $5.37 per share, or 28.83%, closing at $13.25 per share on August 8, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit Aviation Holdings, Inc. - FLYY
GlobeNewswire News Room· 2025-08-25 15:32
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Spirit Aviation Holdings, Inc. following a significant decline in the company's stock price due to concerns about its financial viability [1][3]. Group 1: Company Financial Concerns - On August 11, 2025, Spirit disclosed substantial doubt regarding its ability to continue as a going concern within the next 12 months, citing adverse market conditions and liquidity covenants that require financial results to improve faster than anticipated [3]. - Following this announcement, Spirit's stock price dropped by $1.44 per share, representing a 40.68% decline, closing at $2.10 per share on August 12, 2025 [3]. Group 2: Legal Investigation - Pomerantz LLP is actively investigating whether Spirit and certain officers or directors have engaged in securities fraud or other unlawful business practices, encouraging affected investors to come forward [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Broadwind, Inc. - BWEN
GlobeNewswire News Room· 2025-08-25 15:31
Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Broadwind, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers [1] - Broadwind reported a GAAP loss per share of $0.04 for Q2 2025, missing consensus estimates by $0.05, and suspended its full-year 2025 financial guidance due to the sale of its industrial fabrication operations [3] - Following the announcement of its financial results, Broadwind's stock price dropped by $0.36, or 14.46%, closing at $2.13 per share on August 12, 2025 [4] Company Financial Performance - Broadwind reported a GAAP loss per share of $0.04 for Q2 2025, which was below the consensus estimate by $0.05 [3] - The company suspended its previously issued full-year 2025 financial guidance due to a definitive agreement to sell its industrial fabrication operations in Manitowoc, Wisconsin [3] Stock Market Reaction - Broadwind's stock price fell by $0.36, representing a 14.46% decrease, closing at $2.13 per share on August 12, 2025, following the financial results announcement [4]