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James Hardie Industries plc Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - JHX
Prnewswire· 2025-10-31 09:33
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for alleged violations of securities laws, specifically related to misleading statements about demand for its Fiber Cement products in North America [1][2]. Summary by Sections Class Action Details - The class period for the lawsuit is from May 20, 2025, to August 18, 2025, with a deadline for lead plaintiff appointments set for December 23, 2025 [2]. - The complaint alleges that James Hardie made false claims about strong demand for its products while being aware that distributors were reducing inventory levels [2]. - On August 19, 2025, the company reported a 12% sales decline in the Fiber Cement segment, attributing it to "normalization of channel inventories," which contradicts its earlier public statements [2]. Shareholder Participation - Shareholders who purchased shares during the class period are encouraged to contact the law firm for potential participation in the lawsuit, with no cost or obligation to join [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].
KBR, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before November 18, 2025 to Discuss Your Rights - KBR
Prnewswire· 2025-10-13 13:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of KBR, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its business operations and prospects during a specified class period [1][2]. Summary by Sections Allegations - The complaint claims that KBR's management misrepresented the status of its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [1]. - It is alleged that KBR's statements regarding its business operations and future prospects were materially false and lacked a reasonable basis during the class period from May 6, 2025, to June 19, 2025 [1]. Class Action Details - Shareholders who purchased KBR shares during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for November 18, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case, and participation in the case incurs no cost or obligation [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3].
C3.ai, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - AI
Prnewswire· 2025-10-02 12:22
Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. for alleged violations of the Securities Exchange Act, specifically related to misleading statements regarding the CEO's health and its impact on the company's growth and margins [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from February 26, 2025, to August 8, 2025, with a deadline for shareholders to join the case by October 21, 2025 [2]. - The complaint alleges that C3.ai made false and misleading statements, downplaying the risks associated with the CEO's health issues, which negatively affected the company's performance [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will receive updates through a portfolio monitoring software at no cost [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].
Jasper Therapeutics, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - JSPR
Prnewswire· 2025-09-25 20:46
Accessibility StatementSkip Navigation LOS ANGELES, Sept. 25, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Jasper Therapeutics, Inc. ("Jasper" or "the Company") (NASDAQ: JSPR ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of JSPR during the class period listed are encouraged to contact the firm regarding possible l ...
Tronox Holdings plc Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - TROX
Prnewswire· 2025-09-25 20:35
If you are a shareholder who suffered a loss, contact us to participate. NEXT STEPS FOR SHAREHOLDERS : Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case. Accessibility StatementSkip Navigation LOS ANGELES, Sept. 25, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of ...
C3.ai, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – AI
Businesswire· 2025-09-24 15:36
Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. for alleged violations of the Securities Exchange Act of 1934 and related SEC rules [1] Summary by Relevant Sections - The lawsuit pertains to violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1] - Shareholders who purchased shares of C3.ai during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments [1]
Luminar Technologies, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - LAZR
Prnewswire· 2025-09-22 08:23
Core Viewpoint - A class action lawsuit has been filed against Luminar Technologies, Inc. for alleged violations of the Securities Exchange Act, with claims that the company made false and misleading statements during a specified class period [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from March 20, 2025, to May 14, 2025, with a deadline for participation set for September 22, 2025 [2]. - The complaint alleges that Luminar's Board of Directors initiated an investigation into CEO Austin Russell's conduct, suggesting that his potential departure could negatively affect client relationships and the business overall [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group for possible lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress, with no associated costs or obligations [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of V.F. Corporation
Prnewswire· 2025-09-18 21:58
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) due to allegations of false and misleading statements regarding the company's turnaround plans, particularly affecting the Vans brand's revenue growth trajectory [3][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $50,000 in VFC between October 30, 2023, and May 20, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against VFC, with a deadline of November 12, 2025, for investors to seek the role of lead plaintiff [1][5]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [2]. Group 2: Allegations Against VFC - The complaint alleges that VFC and its executives violated federal securities laws by failing to disclose the true state of the company's turnaround plans, particularly regarding the Vans brand [3]. - The company's reported fourth-quarter results for fiscal 2025 revealed a significant decline in Vans' growth, with losses worsening from 8% to 20% [4]. - Following the disclosure of these results, VFC's stock price fell from $14.43 to $12.15 per share, a decline of approximately 15.8% in one day [4].
C3.ai, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before October 21, 2025 to Discuss Your Rights – AI
Globenewswire· 2025-09-18 20:37
Core Viewpoint - C3.ai, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its growth and the impact of its CEO's health on the company's performance [3][4]. Company Summary - The class period for the lawsuit is from February 26, 2025, to August 8, 2025 [3]. - Allegations include that C3 AI's management provided overly positive statements while concealing material adverse facts about the company's growth potential and the CEO's health issues [3]. - On August 8, 2025, C3 AI announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing this to "the reorganization with new leadership" and the CEO's health [3]. - Following this announcement, C3 AI's stock price dropped from $22.13 per share to $16.47 per share, a decline of approximately 25.58% in just one day [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by October 21, 2025 [4]. - Registration allows shareholders to receive updates on the case and does not involve any cost or obligation [4]. Legal Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5].
卡倍亿信披违规收监管措施 A股募10.7亿去年收2警示函
Zhong Guo Jing Ji Wang· 2025-08-19 07:40
Core Viewpoint - The company, 卡倍亿, received an administrative regulatory measure decision from the Ningbo Securities Regulatory Bureau due to non-compliance with regulations regarding shareholder equity changes [1][2]. Group 1: Regulatory Actions - 卡倍亿 was ordered to correct its actions and engage in regulatory discussions following a violation of the "Management Measures for the Acquisition of Listed Companies" [2]. - The company must submit a written rectification report within ten working days of receiving the decision [2]. - The chairman and general manager, 林光耀, along with the board secretary and deputy general manager, 秦慈, are required to attend regulatory discussions [2]. Group 2: Shareholder Changes - On May 22, 2025, 卡倍亿's controlling shareholder, 宁波新协实业集团有限公司, increased its shareholding from 76,881,000 shares to 107,633,400 shares, raising its ownership percentage from 56.97% to 57.11% [1]. - The company failed to announce this change in shareholding as required when the percentage change reached an integer multiple of 1% [1]. Group 3: Previous Regulatory Issues - This is not the first time 卡倍亿 has faced regulatory scrutiny; the company received two warning letters within a month in the previous year regarding its executives [2]. - In April 2024, two executives received warning letters for engaging in short-term trading of company bonds, violating regulations [3]. - In May 2024, the deputy general manager, 秦慈, received a warning for purchasing company stock within 30 days prior to the annual report announcement, which also constituted a regulatory violation [3]. Group 4: Company Background - 卡倍亿 was listed on the Shenzhen Stock Exchange on August 24, 2020, with an initial public offering of 13.81 million shares at a price of 18.79 yuan per share [4]. - The total amount raised from the IPO was approximately 259.49 million yuan, with a net amount of about 215.88 million yuan after deducting issuance costs [4][5]. - The company has conducted multiple rounds of fundraising through convertible bonds, raising a total of approximately 1.067 billion yuan across three fundraising events [6][7].