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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of C3.ai, Inc. Securities and Sets a Lead Plaintiff Deadline of October 21, 2025
GlobeNewswire News Room· 2025-08-22 22:11
Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. due to allegations of misleading statements regarding the company's growth and the impact of its CEO's health on business performance [1][4]. Company Performance - C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing these issues to "the reorganization with new leadership" and the CEO's health problems [5]. - Following the announcement, C3.ai's stock price dropped from $22.13 per share on August 8, 2025, to $16.47 per share on August 11, 2025, marking a decline of approximately 25.58% in just one day [6]. Legal Proceedings - The class action lawsuit, John Liggett Sr. v. C3.ai, Inc., was initiated in the United States District Court for the Northern District of California, targeting individuals who purchased C3.ai securities between February 26, 2025, and August 8, 2025 [1][4]. - Investors who suffered losses in C3.ai securities have until October 21, 2025, to request to be appointed as lead plaintiff in the case [6].
Kirby McInerney LLP Announces Investigation Against Nutex Health Inc. on Behalf of Investors
GlobeNewswire News Room· 2025-08-20 16:27
Core Viewpoint - Nutex Health Inc. is under investigation for potential violations of federal securities laws and unlawful business practices, following a significant surge in its share price and subsequent allegations of fraudulent activities related to its revenue reporting [1][3]. Group 1: Share Price Surge and Allegations - On July 22, 2025, Blue Orca Capital published a report claiming that Nutex's recent 20-fold share price increase was artificially inflated by a third-party vendor, HaloMD, which allegedly facilitated inflated billing awards [3]. - The report indicated that multiple federal lawsuits have been filed against HaloMD, alleging a fraudulent scheme that siphoned millions from insurers, raising doubts about the legitimacy of Nutex's reported revenue [3]. - Following the report, Nutex's share price fell by $11.18, approximately 10.05%, from $111.19 on July 21, 2025, to $100.01 on July 22, 2025 [3]. Group 2: Delay in Financial Reporting - On August 14, 2025, Nutex announced a delay in filing its quarterly financial statements for the period ending June 30, 2025, due to incomplete accounting adjustments [4]. - This announcement led to a further decline in Nutex's share price by $18.22, or approximately 16.39%, from $111.13 on August 14, 2025, to close at $92.91 on August 15, 2025 [4].
Kirby McInerney LLP Announces Investigation Against BellRing Brands, Inc. on Behalf of Investors
GlobeNewswire News Room· 2025-08-19 20:16
Core Viewpoint - Kirby McInerney LLP is investigating potential claims against BellRing Brands, Inc. regarding possible violations of federal securities laws and unlawful business practices [1] Group 1: Company Performance - On May 5, 2025, BellRing announced that several key retailers had lowered their weeks of supply on hand starting in Q2 2023, which would negatively impact Q3 2025 growth. The company also stated it would expand promotions to boost sales and offset reductions in retailer trade inventory levels [3] - Following this announcement, BellRing's share price fell by $13.96, approximately 18%, from $77.34 on May 5, 2025, to close at $63.38 on May 6, 2025 [3] - On August 4, 2025, BellRing reported disappointing quarterly consumption of Premier Protein RTD Shakes, which did not meet expectations of outpacing shipments due to retailer destocking. This led to a share price decline of $17.46, or approximately 33%, from $53.64 on August 4, 2025, to close at $36.18 on August 5, 2025 [4] Group 2: Legal Investigation - The investigation by Kirby McInerney LLP focuses on whether BellRing and/or its officers have engaged in unlawful business practices or violated federal securities laws [1] - The law firm has a history of successful recoveries in securities litigation, totaling billions of dollars for shareholders [7]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 6, 2025 in Altimmune Lawsuit – ALT
GlobeNewswire News Room· 2025-08-08 20:15
Core Viewpoint - Altimmune, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between August 10, 2023, and June 25, 2025 [1] Group 1: Lawsuit Details - The lawsuit was initiated following Altimmune's announcement on June 26, 2025, regarding the topline results from the IMPACT Phase 2b MASH trial of Pemvidutide, which failed to achieve statistical significance in its primary endpoint of fibrosis reduction [2] - The company's stock price plummeted from $7.71 per share on June 25, 2025, to $3.61 per share on June 26, 2025, marking a significant decline of 53.2% in just one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 6, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Altimmune, Inc. Securities and Sets a Lead Plaintiff Deadline of October 6, 2025
GlobeNewswire News Room· 2025-08-05 23:06
Core Viewpoint - A class action lawsuit has been initiated against Altimmune, Inc. following disappointing results from its Phase 2b MASH trial of Pemvidutide, leading to a significant drop in the company's stock price [1][3][4]. Company Overview - Altimmune, Inc. is a biopharmaceutical company focused on developing treatments for liver diseases, including MASH [3]. Legal Proceedings - The lawsuit, Dave Collier v. Altimmune, Inc., was filed in the United States District Court for the District of Maryland, targeting all individuals who purchased Altimmune securities between August 10, 2023, and June 25, 2025 [1]. - Investors have until October 6, 2025, to request to be appointed as lead plaintiff in the case [4]. Trial Results - On June 26, 2025, Altimmune announced topline results from the IMPACT Phase 2b MASH trial, which failed to achieve statistical significance in the primary endpoint of fibrosis reduction [3]. - The company had previously set inflated expectations for the trial results, which were not met due to a higher-than-expected placebo response [3]. Stock Performance - Following the announcement of the trial results, Altimmune's stock price plummeted from $7.71 per share on June 25, 2025, to $3.61 per share on June 26, 2025, marking a decline of 53.2% in one day [4].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Vestis
GlobeNewswire News Room· 2025-07-06 12:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth prospects and business performance [3][5]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses exceeding $75,000 in Vestis between May 2, 2024, and May 6, 2025, to contact them to discuss their legal options [1]. - There is an August 8, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Vestis [3]. - The complaint alleges that Vestis and its executives concealed material adverse facts regarding the company's ability to grow its business and execute strategic initiatives [5]. Group 2: Financial Performance and Stock Impact - On May 7, 2025, Vestis announced disappointing financial results for Q2 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025 [6]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in customer volume [6]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [6].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Ibotta
GlobeNewswire News Room· 2025-06-02 16:26
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Ibotta, Inc. due to alleged violations of federal securities laws related to misleading statements and undisclosed risks concerning its contract with Kroger [3][5]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Ibotta, with a deadline of June 16, 2025, for investors to seek the role of lead plaintiff [3]. - Investors who suffered losses from Ibotta's stock are encouraged to contact Faruqi & Faruqi for discussions regarding their legal rights [1][10]. Group 2: Financial Performance and Stock Impact - Ibotta conducted its IPO on April 13, 2024, offering 6.6 million shares at $88.00 each [6]. - The company reported a net loss of $34.0 million for Q2 2024, with operating expenses more than doubling year-over-year, leading to a stock drop of 26% on August 14, 2024 [6][7]. - On February 26, 2025, Ibotta's stock fell 46% to close at $34.01 after reporting Q4 earnings that missed expectations and provided weak guidance for Q1 2025 [8].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of BigBear.ai
GlobeNewswire News Room· 2025-06-02 15:59
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against BigBear.ai Holdings, Inc. due to allegations of violations of federal securities laws, particularly concerning misleading financial statements and accounting practices [3][5]. Group 1: Allegations and Financial Impact - The complaint alleges that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain transactions [5]. - BigBear incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for a derivative scope exception, leading to improper accounting for these notes [5]. - The company’s financial statements since fiscal year 2021 were deemed unreliable and are expected to be restated, increasing the risk of delayed filings with the SEC [5][6]. Group 2: Stock Price Reaction - Following the announcement of the delayed filing of its 2024 10-K, BigBear's stock price dropped approximately 15%, from $3.49 on March 17, 2025, to $2.97 on March 18, 2025 [7]. - After the filing of the restated 2024 10-K on March 25, 2025, the stock price fell about 9%, from $3.51 to $3.19 on March 26, 2025 [9]. Group 3: Legal Proceedings - Investors who suffered losses in BigBear.ai are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options for participating in a federal securities class action [1][3]. - The deadline to seek the role of lead plaintiff in the class action is June 10, 2025 [3].