Securities Fraud
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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cable One, Inc. - CABO
GlobeNewswire News Room· 2025-05-09 14:47
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Cable One, Inc. following disappointing financial results and management's credibility issues [1][3]. Financial Performance - On May 1, 2025, Cable One reported Q1 2025 earnings that significantly missed analyst expectations and announced a suspension of its dividend [3]. - Analysts from Keybanc described the results as "extremely disappointing," while Raymond James criticized management for their optimistic outlook despite poor performance [3]. - Following the announcement, Cable One's stock price dropped by $109.48, or 41.79%, closing at $152.51 per share on May 2, 2025 [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Cable One investors regarding possible securities fraud or other unlawful practices by the company and its executives [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Integra LifeSciences Holdings Corporation - IART
GlobeNewswire News Room· 2025-05-09 14:41
Group 1 - Integra LifeSciences Holdings Corporation is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - The company reported a first-quarter 2025 earnings per diluted share of -$0.33, a decline from -$0.04 per diluted share in the previous year [3] - Integra's full-year earnings guidance and second-quarter revenue outlook significantly missed consensus estimates, with reported declines in its Neurosurgery and Tissue Technologies businesses due to inventory issues and slower ordering patterns [3] Group 2 - Following the financial results announcement, Integra's stock price dropped by $3.57 per share, or 21.19%, closing at $13.28 per share on May 5, 2025 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Take-Two Interactive Software, Inc. - TTWO
GlobeNewswire News Room· 2025-05-09 14:29
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Take-Two Interactive Software, Inc. (“Take-Two” or the “Company”) (NASDAQ: TTWO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Take-Two 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 act ...
TBBK DEADLINE REMINDER: The Bancorp, Inc. Investors are Reminded to Contact BFA Law by the May 16 Class Action Deadline (NASDAQ:TBBK)
GlobeNewswire News Room· 2025-05-09 13:07
Core Viewpoint - A lawsuit has been filed against The Bancorp, Inc. and certain senior executives for potential violations of federal securities laws, alleging misrepresentation of risks associated with its loan portfolio [1][2][4]. Company Overview - The Bancorp, Inc. is a financial holding company involved in institutional banking, commercial real estate bridge lending, small business lending, and commercial fleet leasing, with a focus on loans collateralized by apartment buildings [3]. Allegations and Legal Proceedings - The lawsuit claims that Bancorp misrepresented the risks of default or loss on its REBL loan portfolio and inadequately accounted for credit losses, indicating weaknesses in internal controls over financial reporting [4]. - Investors have until May 16, 2025, to seek appointment as lead plaintiffs in the case, which is pending in the U.S. District Court for the District of Delaware [2]. Stock Performance and Impact of News - Following a report from Culper Research on March 21, 2024, which highlighted the risks associated with Bancorp's REBL loans, the stock price fell over 10%, from $36.04 to $32.12 [5]. - On October 24, 2024, Bancorp reported a net income of $51.5 million, leading to a 14% decline in stock price from $54.96 to $47.01 due to increased credit losses [6]. - On March 4, 2025, Bancorp disclosed issues with its Annual Report for the fiscal year ended December 31, 2024, causing a 4.4% drop in stock price from $53.59 to $51.25 [7].
BBAI DEADLINE REMINDER: BigBear.ai Holdings, Inc. Investors are Reminded to Contact BFA Law by the June 10 Class Action Deadline (NYSE:BBAI)
GlobeNewswire News Room· 2025-05-09 13:07
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against BigBear.ai Holdings, Inc. (NYSE: BBAI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in BigBear.ai, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/bigbearai-holdings-inc. Investors have until June 10, 2025, to ask the Court to be a ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Humana Inc. - HUM
GlobeNewswire News Room· 2025-05-09 13:00
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Humana Inc. following a lawsuit filed by the U.S. Department of Justice alleging illegal kickbacks related to Medicare Advantage plans [1][3]. Group 1: Investigation and Legal Actions - Pomerantz LLP is representing investors of Humana Inc. in an investigation concerning possible securities fraud or unlawful business practices by the company and its officers [1]. - The U.S. Department of Justice filed a False Claims Act complaint against Humana and other health insurance companies, alleging that from 2016 to 2021, they paid hundreds of millions of dollars in illegal kickbacks to brokers for enrollments in Medicare Advantage plans [3]. - Following the DOJ's lawsuit announcement, Humana's stock price decreased by $6.20 per share, or 2.36%, closing at $256.04 on May 1, 2025 [3]. Group 2: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in fighting for victims of securities fraud and corporate misconduct [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Amerant Bancorp Inc. - AMTB
GlobeNewswire News Room· 2025-05-09 12:00
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Amerant Bancorp Inc. (“Amerant” or the “Company”) (NYSE: AMTB). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Amerant 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 April 23, ...
Lantheus Holdings, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - LNTH
Prnewswire· 2025-05-08 22:50
LOS ANGELES, May 8, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Lantheus Holdings, Inc. ("Lantheus" or "the Company") (NASDAQ: LNTH) for violations of the securities laws. DJS Law Group INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. Lantheus reported its financial results for the first quarter of 2025 on May 7, 2025. Along wit ...
BREAKING: Compass Diversified (CODI) Shares Down Over 60%; Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses
GlobeNewswire News Room· 2025-05-08 18:25
Core Insights - Compass Diversified Holdings' shares dropped over 60% on May 8, 2025, due to the company's announcement that its 2024 financial statements are unreliable because of irregularities at its subsidiary, Lugano Holding, Inc. [2] - The company has initiated an internal investigation into Lugano's financial reporting, uncovering irregularities in sales, cost of sales, inventory, accounts receivable, and unrecorded financing arrangements [2] - Following these disclosures, the filing of the Q1 2025 Form 10-Q has been delayed, and Lugano's founder and CEO has resigned without compensation [2] Company Investigation - Block & Leviton is investigating Compass Diversified Holdings for potential securities law violations and is reaching out to investors who have incurred losses [1][4] - Investors who purchased shares and experienced a decline in value may be eligible to recover losses, regardless of whether they sold their investments [3] Whistleblower Information - Individuals with non-public information about Compass Diversified Holdings are encouraged to assist in the investigation or report to the SEC under the whistleblower program, with potential rewards of up to 30% of any successful recovery [6] Legal Representation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7]
Levi & Korsinsky Notifies Shareholders of Perpetua Resources Corp.(PPTA) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-05-08 17:48
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Perpetua Resources Corp. ("Perpetua Resources Corp." or the "Company") (NASDAQ: PPTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by alleged securities fraud between April 17, 2024 and February 13, 2025. Follow the link below to get more information and be contacted by a member of our team: https://z ...