Core Viewpoint - Kyndryl Holdings, Inc. is facing a class action lawsuit due to allegations of financial misstatements and inadequate internal controls, leading to significant investor losses during the specified class period [1] Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Brander v. Kyndryl Holdings, Inc., and it charges Kyndryl and certain executives with violations of the Securities Exchange Act of 1934 [1] - Investors who purchased Kyndryl securities between August 7, 2024, and February 9, 2026, can seek appointment as lead plaintiff until April 13, 2026 [1] - Allegations include that Kyndryl's financial statements were materially misstated and that the company lacked adequate internal controls [1] Group 2: Financial Reporting Issues - Kyndryl announced it would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, due to internal control issues [1] - The company anticipates reporting material weaknesses in its internal control over financial reporting for the fiscal year ended March 31, 2025, and the first two quarters of fiscal year 2026 [1] - Kyndryl's stock price fell by 55% following the announcement of these issues [1] Group 3: Executive Departures - The lawsuit notes the immediate departure of key executives, including the Chief Financial Officer and General Counsel, which may indicate deeper issues within the company's management [1] - Vineet Khurana also stepped down from his position as Senior Vice President and Global Controller, further highlighting instability in Kyndryl's leadership [1]

Core Viewpoint - NuScale Power Corporation is facing a class action lawsuit due to allegations of misleading investors regarding its commercialization strategy and the capabilities of its partner, ENTRA1 Energy LLC, which lacked significant experience in nuclear power generation [1][1][1] Summary by Sections Class Action Lawsuit Details - Investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, can seek to be lead plaintiffs in the lawsuit by April 20, 2026 [1] - The lawsuit, titled Truedson v. NuScale Power Corporation, claims violations of the Securities Exchange Act of 1934 by NuScale and its executives [1] Allegations Against NuScale - The lawsuit alleges that NuScale made false or misleading statements about ENTRA1's capabilities, failing to disclose that ENTRA1 had no significant experience in building or operating nuclear power projects [1][1] - It is claimed that NuScale's reliance on ENTRA1 for commercialization exposed the company to undisclosed risks, including potential delays and regulatory challenges [1] Financial Impact - On November 6, 2025, NuScale reported a dramatic increase in general and administrative expenses, which rose over 3,000% to $519 million from $17 million in the previous year, primarily due to a $495 million payment to ENTRA1 [1] - The company's quarterly net loss surged to $532 million, up from $46 million in the prior year, following the announcement of the TVA agreement [1] - Analysts questioned NuScale's management about ENTRA1's qualifications during a conference call, leading to a more than 12% decline in NuScale's Class A share price over two days [1]

Core Viewpoint - A securities fraud class action lawsuit has been filed against PayPal Holdings, Inc. for allegedly making materially false and misleading statements regarding its business operations and revenue projections during the specified class period [2][4][7]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Northern District of California, titled Goodman v. PayPal Holdings, Inc., with a class period from February 25, 2025, to February 2, 2026 [2][4][7]. - Investors have until April 20, 2026, to file for lead plaintiff status [2][6][7]. Allegations - The complaint alleges that PayPal's management misrepresented the company's revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [4][7]. - It is claimed that the optimistic growth plans were unrealistic and not achievable under the current CEO's leadership [4]. Stock Performance - Following a surprise leadership change and a disappointing earnings report on February 3, 2026, PayPal's stock price dropped by $10.63, or 20.3%, closing at $41.70 per share [5]. Investor Actions - Investors can seek to be appointed as lead plaintiffs by the April 20, 2026 deadline, or they may choose to remain absent class members [6][8]. - Kessler Topaz Meltzer & Check, LLP offers free case evaluations and operates on a contingency fee basis [8][10].

Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of New York, titled Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. - Investors have until April 3, 2026, 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 - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. - The company announced a "closed a $1.66 billion loan guarantee" from the U.S. Department of Energy to finance the construction of hydrogen production facilities [4]. Group 3: Stock Performance and Events - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the abrupt departure of CEO Andrew Marsh and President Sanjay Shrestha, from $4.13 to $3.87 per share [5]. - On November 10, 2025, the company announced the suspension of activities under the DOE loan program, leading to a stock drop of $0.09 per share (3.4%), from $2.65 to $2.56 per share [6]. - A report on November 13, 2025, confirmed the suspension of plans to construct hydrogen production facilities, resulting in a stock drop of $0.48 per share (17.6%), from $2.49 to $2.25 per share [7].

Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and its senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Denha v. BellRing Brands, Inc., No. 1:26-cv-00575 [2]. - Investors have until March 23, 2026, to request to be appointed to lead the case [2]. Group 2: Company Background - BellRing Brands develops, markets, and sells "convenient nutrition" products, primarily ready-to-drink protein shakes under the Premier Protein brand [3]. - The company previously claimed that its sales growth was due to increased consumer demand and various positive factors, while downplaying competitive pressures [3]. Group 3: Stock Performance and Impact - On May 6, 2025, BellRing's CFO indicated 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, or 19% [4]. - Following the Q3 2025 financial results reported on August 4, 2025, which included a narrowed fiscal year outlook, the stock dropped by $17.46 per share, nearly 33%, from $53.64 to $36.18 [5][6].

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Group 1: Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries, making it the world's largest IT infrastructure services provider [4]. Group 2: Allegations and Stock Impact - Kyndryl is accused of misrepresenting its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, leading to the immediate departures of its CFO and General Counsel [6]. - Following this announcement, Kyndryl's stock price dropped over 52% during trading on February 9, 2026 [7].

Core Viewpoint - Enphase Energy, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its financial and operational prospects, particularly related to inventory management and the impact of the expiration of the Residential Clean Energy Credit [1] Summary by Relevant Sections Class Action Lawsuit Details - The class action lawsuit is titled Tripathi v. Enphase Energy, Inc., and covers the period from April 22, 2025, to October 28, 2025 [1] - Investors who suffered substantial losses during this period have until April 20, 2026, to seek appointment as lead plaintiff [1] Allegations Against Enphase Energy - The lawsuit alleges that Enphase Energy overstated its ability to manage channel inventory and mitigate the effects of the termination of the Residential Clean Energy Credit [1] - It is claimed that these misrepresentations led to an overstatement of the company's financial and operational prospects [1] - Following the disclosure of financial results on October 28, 2025, Enphase Energy's stock price fell by more than 15% due to expected lower battery storage shipments and revenue impacts from the expiration of the 25D Credit [1] Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Enphase Energy securities during the class period to seek lead plaintiff status [1] - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [1] - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery [1] About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [1] - The firm has a strong track record, recovering $8.4 billion for investors over the past five years [1]

Core Viewpoint - The Corcept class action lawsuit alleges that Corcept Therapeutics and its executives misrepresented the status of their New Drug Application (NDA) for relacorilant, leading to significant financial losses for investors when the FDA issued a Complete Response Letter (CRL) indicating concerns about the clinical evidence supporting the NDA [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit seeks to represent purchasers of Corcept common stock from October 31, 2024, to December 30, 2025 [1]. - The lawsuit is titled Allegheny County Employees' Retirement System v. Corcept Therapeutics Incorporated and is filed in the Northern District of California [1]. - The allegations include that Corcept misled investors about the FDA's review process and the adequacy of clinical evidence for relacorilant [3][4]. Group 2: FDA Concerns - The FDA had raised concerns about the clinical evidence supporting the NDA for relacorilant, indicating a material risk of non-approval [3]. - On December 31, 2025, Corcept disclosed that the FDA issued a CRL, stating it could not make a favorable benefit-risk assessment without additional evidence [4]. - A redacted copy of the CRL published on January 30, 2026, detailed the FDA's concerns regarding the sufficiency of the clinical studies submitted [5]. Group 3: Legal Process - Investors who suffered losses during the class period can seek to be appointed as lead plaintiff in the lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can select a law firm for litigation [6]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [7]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, including the largest securities class action recovery in history [7].

NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE:KD) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost. If you suffered a loss on your Kyndryl investments, you have until April 13, 2026 to request lead plaintiff appointment. Court ...

Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Cogent Communications Holdings, Inc., focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1]. Company Overview - Cogent Communications provides high-speed internet access, private network, and data center colocation space services [3]. Financial Performance - On November 6, 2025, Cogent Communications reported a year-over-year service revenue decrease of nearly 6% for the third quarter of 2025 [3]. - The company announced a significant dividend cut of 98%, reducing it from $1.015 per share in the prior quarter to $0.02 per share [3]. - Following the financial results announcement, Cogent Communications' share price fell nearly 35% [3].