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HALPER SADEH LLC ENCOURAGES DRIVEN BRANDS HOLDINGS INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-30 20:32
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Driven Brands Holdings Inc., which may affect shareholder rights and corporate governance [1][2]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of Driven Brands may seek corporate governance reforms, financial incentives, or other benefits through legal action [2]. - Shareholder involvement is crucial for improving company policies and enhancing shareholder value [3]. Group 2: Firm's Background and Expertise - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered significant funds for defrauded investors [4].
HALPER SADEH LLC ENCOURAGES DICK'S SPORTING GOODS, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-30 20:31
Core Points - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Dick's Sporting Goods, Inc. [1] - Long-term shareholders of Dick's Sporting Goods may seek corporate governance reforms, financial incentives, or other benefits through legal action [2] - Shareholder involvement is emphasized as a means to improve company policies and enhance shareholder value [3] Company Information - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
HALPER SADEH LLC ENCOURAGES EQUINIX, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-30 20:29
Core Points - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Equinix, Inc. [1] - Long-term shareholders of Equinix may seek corporate governance reforms, financial incentives, or other benefits through legal action [2] - Shareholder participation is emphasized as a means to improve company policies and enhance shareholder value [3] Company Overview - Equinix, Inc. is under scrutiny for possible corporate misconduct, which could impact its governance and financial practices [1][2] - The law firm Halper Sadeh LLC has a history of representing investors affected by securities fraud and corporate misconduct, recovering significant funds for clients [4]
HALPER SADEH LLC ENCOURAGES GENEDX HOLDINGS CORP. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-30 20:20
Accessibility StatementSkip Navigation Shareholders should contact the firm immediately as there may be limited time to enforce your rights. NEW YORK, Nov. 30, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of GeneDx Holdings Corp. (NASDAQ: WGS) breached their fiduciary duties to shareholders. Shareholder involvement can help improve a company's policies, practices, and oversight mechanisms to create a more transparent, accountable ...
HALPER SADEH LLC ENCOURAGES SOLAREDGE TECHNOLOGIES, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS
Prnewswire· 2025-11-30 20:12
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by officers and directors of SolarEdge Technologies, Inc. which may affect shareholder rights [1][2]. Group 1: Legal Actions and Shareholder Rights - Long-term shareholders of SolarEdge may seek corporate governance reforms, financial incentives, or other benefits through legal action [2]. - Shareholder involvement is emphasized as a means to improve company policies and enhance shareholder value [3]. Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4].
FCX LAWSUIT: BFA Law Reminds Freeport-McMoRan Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by January 12 Deadline
Newsfile· 2025-11-30 12:47
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243 [3]. - Investors have until January 12, 2026, to request to lead the case, with claims made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Operations and Safety Claims - Freeport operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [4][5]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent incidents [4]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - Following updates on September 24, 2025, regarding fatalities and operational suspensions, the stock fell by $7.69 per share (almost 17%) [7]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [9]. - A report on September 28, 2025, indicated that the landslide was preventable, further impacting investor confidence [10].
SNPS LAWSUIT: BFA Law Reminds Synopsys, Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by December 30 Deadline
Newsfile· 2025-11-30 12:46
Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. for securities fraud, following a significant stock drop attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, under the case caption Kim v. Synopsys, Inc., et al., No. 3:25-cv-09410 [4]. - Investors have until December 30, 2025, to request to be appointed to lead the case [4]. Group 2: Company Performance - Synopsys provides design automation software products, with its Design IP segment being the fastest-growing, increasing from 25% of revenue in 2022 to 31% in 2024 [5]. - The company reported Q3 2025 results showing a revenue decline in its Design IP segment to $425.9 million, a 7.7% decrease year-over-year, and a net income drop to $242.5 million, a 43% year-over-year decline [7]. Group 3: Market Reaction - Following the release of disappointing financial results, Synopsys stock fell nearly 36%, from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025 [7].
LRN LAWSUIT: BFA Law Reminds Stride, Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by January 12 Deadline
Newsfile· 2025-11-30 12:46
Core Viewpoint - Stride, Inc. is facing a class action lawsuit for securities fraud, which has led to significant stock price drops due to alleged violations of federal securities laws [2][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [5]. Allegations and Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" to secure state funding and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [5][6]. - Stride's stock dropped by $18.60 (over 11%) on September 15, 2025, following the announcement of the fraud complaint, and further plummeted by $83.48 (over 54%) on October 29, 2025, after admitting to issues that resulted in 10,000-15,000 fewer enrollments [6][7]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [4]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. Financial Implications - The company's outlook has been described as "muted" compared to prior years due to the impact of the alleged fraud and customer experience issues [7].
KMX LAWSUIT: BFA Law Reminds CarMax, Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by January 2 Deadline
Newsfile· 2025-11-30 12:46
Core Viewpoint - CarMax, Inc. is facing a class action lawsuit for securities fraud following a significant drop in its stock price, attributed to alleged violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit was filed by Bleichmar Fonti & Auld LLP on behalf of investors, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - Investors have until January 2, 2026, to request to lead the case in the U.S. District Court for the District of Maryland [4]. Group 2: Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, with 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 [7]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year [7]. Group 3: Stock Price Impact - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [8]. - The unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 outlook, led to an additional stock price drop of over 24% [8]. Group 4: Company Operations - CarMax's management had previously emphasized strong demand for its vehicles, which was later alleged to have been artificially boosted by pre-tariff purchases [5]. - The law firm is also investigating whether CarMax adequately assessed its portfolio of car loans following the CEO's departure [6].
MLTX LAWSUIT: BFA Law Reminds MoonLake Immunotherapeutics Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by December 15 Deadline
Newsfile· 2025-11-30 12:45
Core Viewpoint - MoonLake Immunotherapeutics has been sued for securities fraud, with allegations that the company misrepresented its clinical data and the efficacy of its investigational drug sonelokimab [1][4][6]. Group 1: Lawsuit Details - A lawsuit has been filed against MoonLake and certain senior executives for potential violations of federal securities laws, specifically under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][3]. - Investors have until December 15, 2025, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - MoonLake is a clinical-stage biotechnology company focused on developing therapies for inflammatory diseases, particularly through its Phase 3 VELA trials for sonelokimab [4]. - The company claimed that its "strong clinical data" from the Phase 2 MIRA trial indicated superior clinical responses and differentiation from competitors [5]. Group 3: Allegations and Impact - The lawsuit alleges that the clinical data and Nanobody structure of sonelokimab did not provide a superior clinical benefit, raising doubts about the drug's regulatory approval and commercial viability [6]. - Following the announcement of disappointing results from the VELA Phase 3 trials on September 28, 2025, MoonLake's stock price plummeted nearly 90%, from $61.99 to $6.24 per share [7].