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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VTLE and SCPH on Behalf of Shareholders
GlobeNewswire News Room· 2025-08-26 14:32
Group 1 - Halper Sadeh LLC is investigating Vital Energy, Inc. for potential violations related to its sale to Crescent Energy Company, where shareholders will receive 1.9062 shares of Crescent Class A common stock for each share of Vital common stock [1] - scPharmaceuticals Inc. is being investigated for its sale to MannKind Corporation, offering shareholders a cash payment of $5.35 per share plus a non-tradable contingent value right (CVR) worth up to $1.00 per CVR upon achieving specific milestones [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MarineMax, Inc. – HZO
GlobeNewswire News Room· 2025-08-21 18:38
Core Viewpoint - MarineMax, Inc. is under investigation for potential securities fraud and unlawful business practices following a significant reduction in profit guidance and a sharp decline in stock price [1][3][4]. Financial Performance - On July 24, 2025, MarineMax reported its financial results for Q3 2025, cutting its profit guidance by half to a range of $0.45 to $0.95 per share, down from a previous range of $1.40 to $2.40 per share [3]. - The CEO attributed the weak retail demand in the recreational marine industry to ongoing economic uncertainty, evolving trade policies, and geopolitical tensions, leading consumers to delay purchases [3]. Stock Market Reaction - Following the announcement of the reduced profit guidance, MarineMax's stock price fell by $4.61, or 16.87%, closing at $22.71 per share on July 24, 2025 [4]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of MarineMax investors regarding potential securities fraud or other unlawful business practices by the company and its officers or directors [1].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ITOS and KLG on Behalf of Shareholders
Prnewswire· 2025-08-20 15:05
Group 1 - Halper Sadeh LLC is investigating iTeos Therapeutics, Inc. for potential violations related to its sale to Concentra Biosciences, LLC, which involves a cash offer of $10.047 per share and contingent value rights [1] - The contingent value rights include the right to receive 100% of iTeos' closing net cash exceeding $475 million and 80% of net proceeds from the sale of certain product candidates within six months post-closing [1] - WK Kellogg Co is being sold to The Ferrero Group for $23.00 per share in cash, prompting legal inquiries regarding shareholder rights [2] Group 2 - Halper Sadeh LLC may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Abacus Global Management, Inc.- ABL
GlobeNewswire News Room· 2025-08-17 16:03
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Abacus Global Management, Inc. [1] Group 1: Investigation Details - The investigation is focused on whether Abacus and its officers or directors have engaged in fraudulent activities [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1] Group 2: Allegations Against Abacus - A report by Morpheus Research claims that Abacus has manipulated its portfolio valuation methodology to present a misleadingly profitable image [3] - The report also criticizes Abacus's life expectancy estimation methods and highlights historical concerns regarding its co-founders [3] Group 3: Market Reaction - Following the release of the allegations, Abacus's stock price dropped by $1.64, or 21.47%, closing at $6.00 per share on June 5, 2025 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Albany International Corp. - AIN
GlobeNewswire News Room· 2025-08-13 14:57
Core Viewpoint - Albany International Corp. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results for Q2 2025, which led to a significant drop in stock price [1][3]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16 [3]. - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3]. - Following the earnings announcement, Albany's stock price fell by $16.77 per share, or 23.63%, closing at $54.19 on July 31, 2025 [3]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Albany investors regarding possible securities fraud or other unlawful business practices by the company and its officers/directors [1].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SCS, LVTX, ENZB on Behalf of Shareholders
Prnewswire· 2025-08-08 05:17
Group 1: Steelcase Inc. - Steelcase Inc. is involved in a transaction where it will sell to HNI Corporation for $7.20 in cash and 0.2192 shares of HNI common stock for each share of Steelcase [1] Group 2: LAVA Therapeutics N.V. - LAVA Therapeutics N.V. is set to be acquired by XOMA Royalty Corporation for $1.16 in cash per share, with potential additional payments of up to $0.08 per share and a non-transferable contingent value right [2] Group 3: Enzo Biochem, Inc. - Enzo Biochem, Inc. is being sold to Battery Ventures for $0.70 per share in cash [3] Group 4: Legal Representation - Halper Sadeh LLC is investigating these transactions for potential violations of federal securities laws and breaches of fiduciary duties to shareholders, seeking increased consideration and additional disclosures [4] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [5]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Barnes & Noble Education, Inc. - BNED
GlobeNewswire News Room· 2025-08-05 14:00
Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Barnes & Noble Education, Inc. regarding potential securities fraud or unlawful business practices [1][3] - The company disclosed a delay in its annual report due to an investigation into the recording of digital sales costs, with early findings suggesting an overstatement of accounts receivable by up to $23 million [3] - Following the news of the investigation, Barnes & Noble's stock price fell by $2.36 per share, or 21.02%, closing at $8.87 per share [4] Company Overview - Barnes & Noble Education, Inc. is facing scrutiny over its financial reporting practices, particularly concerning the accuracy of its accounts receivable [3] - The company expects to report at least one material weakness related to manual journal entries in its financial statements [3] Legal Context - The Pomerantz Firm is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud and corporate misconduct [5]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MarineMax, Inc. – HZO
GlobeNewswire News Room· 2025-07-28 15:44
Core Viewpoint - MarineMax, Inc. is under investigation for potential securities fraud and unlawful business practices following a significant reduction in profit guidance and a sharp decline in stock price [1][3][4]. Financial Performance - On July 24, 2025, MarineMax reported its financial results for Q3 2025, cutting its profit guidance by 50% at the midpoint to a range of $0.45 to $0.95 per share, down from a previous guidance of $1.40 to $2.40 per share [3]. - The CEO attributed the weak retail demand in the recreational marine industry to ongoing economic uncertainty, evolving trade policies, and geopolitical tensions, leading consumers to delay purchases [3]. Stock Market Reaction - Following the announcement of the reduced profit guidance, MarineMax's stock price fell by $4.61, or 16.87%, closing at $22.71 per share on July 24, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Dow Inc. - DOW
Prnewswire· 2025-07-27 14:00
Core Viewpoint - Dow Inc. is under investigation for potential securities fraud and unlawful business practices following a significant decline in its financial performance and stock price [1][2]. Financial Performance - For Q2 2025, Dow reported net sales of $10.1 billion, a decrease of 7% year-over-year, with declines observed across all operating segments [2]. - Sequentially, net sales fell by 3%, with seasonally higher demand in Performance Materials & Coatings being offset by declines in other segments [2]. - Following the financial results announcement, Dow's stock price dropped by $5.30 per share, or 17.45%, closing at $25.07 per share on July 24, 2025 [2]. Corporate Actions - Dow's CEO announced adjustments to the company's dividend to maintain a balanced capital allocation framework [2].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of United Natural Foods, Inc. - UNFI
GlobeNewswire News Room· 2025-06-18 16:51
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving United Natural Foods, Inc. and its officers or directors [1] Group 1: Incident Disclosure - On June 9, 2025, United Natural disclosed unauthorized activity on its IT systems, prompting the activation of its incident response plan and containment measures, which temporarily affected its ability to fulfill and distribute customer orders [3] - Following this disclosure, United Natural's stock price dropped by $4.56 per share, or 10.18%, closing at $23.30 per share on June 10, 2025 [3] Group 2: Legal Context - 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]