Corporate Misconduct
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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Galaxy Digital Inc. - GLXY
Globenewswire· 2026-02-17 22:14
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Galaxy Digital Inc. (“Galaxy” or the “Company”) (NASDAQ: GLXY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Galaxy and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On February 3, 2026, Galaxy reported its fourth quarter and full year 2025 f ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Apollo Global Management, Inc. - APO
Globenewswire· 2026-02-17 21:50
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Apollo Global Management, Inc. (“Apollo” or the “Company”) (NYSE: APO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Apollo 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 Febr ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Brown & Brown, Inc. – BRO
Globenewswire· 2026-02-03 19:14
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Brown & Brown, Inc. and its officers or directors [1] Financial Performance - On January 26, 2026, Brown & Brown reported a 2.8% decrease in organic revenue for the fourth quarter of 2025, primarily due to a decline in flood claims processing revenue [3] - The company disclosed that 275 former employees had joined a competitor, resulting in a loss of customers that represented $23 million in annual revenue [3] Stock Market Reaction - Following the announcement of the financial results and the loss of employees, Brown & Brown's stock price fell by $5.50 per share, or 6.91%, closing at $74.12 per share on January 27, 2026 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of BigBear.ai Holdings, Inc. - BBAI
Globenewswire· 2026-01-27 18:17
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving BigBear.ai Holdings, Inc. and its officers or directors [1] Group 1: Company Performance - Cantor analysts downgraded BigBear from Overweight to Neutral on January 7, 2026, citing a 20% year-over-year revenue decline [3] - The downgrade was attributed to elevated execution risk due to reliance on inconsistent government contracts, leading to ongoing operating losses and margin pressure [3] - BigBear reported an adjusted EBITDA of ($9.4 million) in Q3 2025 and an operating margin of (66.0%) [3] Group 2: Market Reaction - Following the downgrade by Cantor, BigBear's stock price decreased by $0.42 per share, or 6.55%, closing at $5.99 per share on January 7, 2026 [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Beta Bionics, Inc. - BBNX
Globenewswire· 2026-01-27 17:43
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Beta Bionics, Inc. (“Beta Bionics” or the “Company”) (NASDAQ: BBNX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Beta Bionics 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 ...
Glancy Prongay & Murray LLP Announces Investigation of Cogent Communications Holdings, Inc. (CCOI) on Behalf of Investors
Businesswire· 2026-01-21 17:00
Core Viewpoint - Glancy Prongay & Murray LLP is investigating potential claims against the board of directors of Cogent Communications Holdings, Inc. regarding possible breaches of fiduciary duties to shareholders [1][2]. Group 1: Investigation Details - The investigation is prompted by an incident in August 2025, where JPMorgan and RBC Capital seized $82 million in Cogent shares pledged by CEO Dave Schaeffer as collateral for loans [2]. - The focus of the investigation is to determine if the board of directors grossly mismanaged the company in relation to the alleged misconduct [2]. Group 2: Shareholder Participation - Shareholders of Cogent Communications Holdings, Inc. who purchased shares before August 2025 are encouraged to participate in the investigation and discuss their rights or interests [3]. Group 3: Whistleblower Information - Individuals with non-public information regarding Cogent are advised to consider aiding the investigation or utilizing the SEC Whistleblower Program, which offers rewards up to 30% of any successful recovery made by the SEC [5].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Alibaba Group Holding Limited – BABA
Globenewswire· 2026-01-06 17:33
NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Alibaba Group Holding Limited (“Alibaba” or the “Company”) (NYSE: BABA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Alibaba 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 No ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Duluth Holdings Inc. - DLTH
Globenewswire· 2026-01-06 16:36
Group 1 - Pomerantz LLP is investigating claims on behalf of investors of Duluth Holdings Inc. regarding potential securities fraud or unlawful business practices by the company and its officers/directors [1] - On December 16, 2025, Duluth announced a reduction in its net sales guidance to a range of $555 million to $565 million, down from the previous guidance of $570 million to $595 million [3] - Following the announcement of lowered sales guidance, Duluth's stock price fell by $0.92 per share, or 29.39%, closing at $2.21 per share on the same day [3] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for the rights of victims of securities fraud and corporate misconduct [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Live Oak Bancshares, Inc. - LOB
Globenewswire· 2025-12-30 21:15
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Live Oak Bancshares, Inc. and its officers or directors, following the company's announcement of material misclassifications in its financial statements [1][3]. Group 1: Company Financials - On November 12, 2025, Live Oak disclosed that it would amend its 2024 Annual Report and Quarterly Reports for the periods ended March 31, 2025, and June 30, 2025, to restate its Consolidated Financial Statements due to errors in cash flow classifications [3]. - The company identified a material misclassification related to cash flows from the sale of loan participations, which led to a conclusion that a material weakness exists in its internal control over financial reporting [3]. - Following this announcement, Live Oak's stock price decreased by $0.80 per share, or 2.49%, closing at $31.29 per share on November 13, 2025 [3]. Group 2: Legal Investigation - Pomerantz LLP is actively seeking claims from investors of Live Oak Bancshares, indicating a potential class action lawsuit due to the alleged securities fraud [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation and potential participation in the class action [1][2]. Group 3: Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [4]. - The firm has a legacy of recovering significant damages for class members over its 85-year history [4].
DHIL Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Diamond Hill Investment Group, Inc. is Fair to Shareholders
Businesswire· 2025-12-11 16:02
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Diamond Hill Investment Group, Inc. to First Eagle Investments at $175.00 per share for Diamond Hill shareholders [1] Group 1: Investigation Details - The investigation focuses on whether Diamond Hill and its board of directors violated federal securities laws and/or breached fiduciary duties by failing to obtain the best possible consideration for shareholders [2] - Concerns include whether First Eagle is underpaying for Diamond Hill and whether all material information necessary for shareholders to assess the merger consideration was disclosed [2] Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [3] - The firm operates on a contingent fee basis, meaning shareholders would not be responsible for out-of-pocket legal fees or expenses [3] Group 3: Firm Background - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]