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F5, Inc. (FFIV) Cybersecurity Incident-Related Securities Class Action Pending As Adverse Financial Impact Clarified – Hagens Berman
Globenewswire· 2026-01-07 23:35
Core Viewpoint - A securities class action lawsuit has been filed against F5, Inc. following a significant cybersecurity incident that was disclosed on October 15 and 27, 2025, which negatively impacted the company's expected revenues for 2026 [1][2][5]. Group 1: Incident Details - F5 discovered a "material cybersecurity incident" on August 9, 2025, involving a breach of its BIG-IP source code [1][5]. - The lawsuit alleges that F5 may have misled investors regarding the security of its products and the financial impact of the incident [3][5]. - The breach was attributed to a "highly sophisticated nation-state threat actor" who had persistent access to F5's systems for at least a year [5]. Group 2: Financial Impact - Following the disclosures, F5's stock price experienced significant declines, dropping $35.40 (-10%) on October 16, 2025, and $22.83 (-7%) on October 28, 2025 [6][7]. - The company projected 2026 revenue growth of only 0% to 4%, a stark contrast to the 10% growth in 2025, which was below analyst expectations due to delayed deals and reduced renewals linked to the breach [7]. Group 3: Legal Proceedings - The lead plaintiff deadline for the lawsuit is set for February 17, 2026, allowing investors who purchased F5 shares during the class period (October 28, 2024 – October 27, 2025) to petition the court [4][9]. - Hagens Berman, the law firm leading the investigation, is focused on whether F5 management was aware of the breach's materiality before informing the public [8].
TLX CLASS ACTION DEADLINE: Hagens Berman Urges Telix Investors to Act by Jan. 9 Over Alleged Dual Regulatory Failures: SEC Subpoena & FDA CRL on CMC/Supply Chain
Globenewswire· 2025-12-25 17:00
SAN FRANCISCO, Dec. 25, 2025 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing a reminder to investors in Telix Pharmaceuticals Ltd. (NASDAQ: TLX) that the deadline to move the Court for appointment as lead plaintiff in the pending securities class action lawsuit is January 9, 2026. The lawsuit follows a series of regulatory setbacks—including an SEC subpoena and a devastating Complete Response Letter (CRL) from the FDA—that led to a sharp stock decline, with the final news t ...
Plastic on Trial | Sumona Majumdar | TEDxGreatPacificGarbagePatch
TEDx Talks· 2025-12-12 17:18
Industry Trend & Problem Statement - The plastic industry faces a growing problem of plastic pollution in air, water, and bodies, similar to past issues with tobacco, asbestos, and lead paint [2] - Litigation is presented as a tool to address the plastic pollution crisis, drawing parallels to successful lawsuits against tobacco, asbestos, and lead paint industries [3][4][5] Litigation Strategies & Impact - Lawsuits are being used across the plastic lifecycle, from production to disposal, to stop harm, require truth, shift responsibility, and force a reckoning with plastic's true costs [6][7][8][9][10] - Lawsuits aim to expose truths, build public narratives, and reframe issues from personal to systemic, influencing public opinion and policy [6][5] - Consumer protection lawsuits challenge companies' claims of harmless or eco-friendly products, forcing honesty and material changes [8] - Public nuisance cases are filed against major corporations like Coke and Pepsi for the costs of cleaning up their plastic products, shifting responsibility from taxpayers [9] Complementary Tools & Future Outlook - Litigation needs to be paired with science, technology, policy, communications, and coalition building for enduring change [11] - The goal is to create a world free of plastic pollution by 2040, as inevitable as smokefree air [12]
Stride (LRN) Investor Lawsuit: Investors Face Jan. 12 Lead Plaintiff Deadline, Hagens Berman Investigates Claims Stride Misled Investors About “Ghost Students” and Poor Customer Experience
Globenewswire· 2025-12-12 14:34
Core Viewpoint - The article discusses a securities fraud class action lawsuit against Stride, Inc., alleging that the company misled investors about its operational health and compliance, leading to a significant stock crash of over 54% following damaging disclosures [1][4]. Company Allegations - Stride is accused of inflating enrollment figures by retaining "ghost students" and compounding this deception with a problematic platform upgrade that management was aware of [2][6]. - The lawsuit claims that Stride's management intentionally misled investors regarding the stability of enrollment figures and the severity of operational and compliance failures to artificially inflate stock prices [4][6]. Key Events and Impact - The lawsuit was triggered by two major disclosures: 1. On September 14, 2025, a report surfaced detailing a lawsuit by Gallup-McKinley school district, alleging fraud and deceptive practices, which caused Stride's stock to plunge by 11% [6]. 2. On October 28, 2025, Stride announced Q1 fiscal 2026 results, revealing severe operational issues due to a failed platform upgrade, leading to significant enrollment losses and a stock crash of over 54% in a single day [6]. Next Steps for Investors - Investors who purchased Stride, Inc. securities during the class period (October 22, 2024 – October 28, 2025) and suffered substantial losses may be eligible to serve as Lead Plaintiff, with a deadline to file motions by January 12, 2026 [5][6].
PRMB Shareholder Notice: Hagens Berman Scrutinizing Alleged Undisclosed Technology Failures and Supply Chain Risks in Pending Primo Brands (PRMB) Lawsuit
Prnewswire· 2025-12-11 20:30
Core Viewpoint - The lawsuit against Primo Brands centers on alleged misrepresentations by management regarding the merger integration process, which was claimed to be "flawless" but is now revealed to have significant operational failures, as evidenced by a 36% stock price drop [2][3]. Alleged Operational Failures - The complaint highlights a disconnect between management's assurances of successful merger integration and the reality of severe technology failures that impacted operational capacity and sales [3][4]. - Allegations include undisclosed technology failures that led to supply chain disruptions and poor customer fulfillment, contradicting previous revenue growth narratives [4]. Management Accountability - The investigation is focused on when management became aware of the technology failures and whether they should have disclosed these material facts to investors [3][4]. - The abrupt CEO replacement is seen as an acknowledgment of the operational crisis, raising questions about management's accountability for the alleged wrongdoing [4]. Legal Context - Key legal issues include whether the company omitted to disclose critical defects in the merger integration infrastructure and the causation link between operational breakdowns and the stock price collapse [4]. - The deadline for investors to move the court for lead plaintiff appointment is January 12, 2026, indicating the urgency for affected investors to act [5][6].
JHX Investor Deadline Alert: James Hardie (JHX) Class Action Lawsuit -- Hagens Berman Scrutinizing Alleged Inventory Destocking and 34% Plunge; December 23 Lead Plaintiff Deadline Looms
Prnewswire· 2025-12-11 20:27
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc, alleging that the company and its executives made false statements regarding the health of its North America Fiber Cement segment, leading to a significant stock drop of over 34% when the truth was revealed [2][5]. Summary by Sections Lawsuit Allegations - The lawsuit claims that James Hardie executives misled investors by asserting that the North America segment was performing well while concealing a significant inventory destocking issue among distributors [3][4]. - Management allegedly knew about the destocking as early as April and May 2025 but continued to present inflated sales figures, misleading investors about genuine demand [3][4]. Stock Performance - Following the disclosure of a 12% decline in North America sales due to customer destocking, James Hardie's stock fell over 34% on August 20, 2025 [5]. - The class period for the lawsuit is defined as May 20, 2025, to August 18, 2025, with a lead plaintiff deadline set for December 23, 2025 [5][6]. Next Steps for Investors - Investors who purchased James Hardie stock during the specified class period and experienced substantial losses are encouraged to contact Hagens Berman to discuss their legal options and potential appointment as Lead Plaintiff [6].
PRMB Investor Alert: Hagens Berman Scrutinizing Alleged Undisclosed Technology Failures and Supply Chain Risks in Pending Primo Brands (PRMB) Lawsuit
Prnewswire· 2025-12-05 21:38
Core Viewpoint - The lawsuit against Primo Brands (NYSE: PRMB) centers on alleged misrepresentations by management regarding the integration of merging entities, claiming a "flawless" process while the reality involved significant operational failures, as evidenced by a 36% stock crash [2][3]. Alleged Operational Failures - The complaint highlights a disconnect between management's assurances of successful merger integration and the actual severe operational issues, including undisclosed technology failures that impacted operational capacity and sales [3][4]. - The technology failures reportedly caused major supply chain disruptions, leading to poor customer fulfillment and a reversal of prior revenue growth narratives [4]. Management Accountability - The abrupt change in executive leadership, including a CEO replacement, is seen as an internal acknowledgment of the operational crisis, raising questions about management's accountability for the alleged misrepresentations [4][5]. Legal Issues - Key legal issues include whether the company failed to disclose material facts regarding the merger integration and if there is a sufficient link between the operational breakdown and the stock crash, which resulted in investor losses [4].
LMT FINAL DEADLINE ALERT: Did Lockheed Martin (LMT) Mislead Investors on Financial Health? -- Hagens Berman
Globenewswire· 2025-09-25 19:15
Core Viewpoint - A securities class action lawsuit has been filed against Lockheed Martin Corporation, alleging that the company misled investors about its financial health and internal controls from January 23, 2024, to July 21, 2025 [1][2]. Group 1: Allegations and Misrepresentations - The lawsuit claims Lockheed Martin overstated its operational capabilities, particularly in the Aeronautics and Rotary and Mission Systems (RMS) segments, while failing to disclose inadequate internal controls [2]. - It is alleged that the company lacked effective procedures to accurately assess program requirements and risks, leading to undisclosed potential significant losses [2]. Group 2: Impact on Stock Price - A series of negative disclosures revealed the truth about the company's financial situation, resulting in significant stock price drops, including a nearly 11% decline on the final disclosure [3]. Group 3: Investigation and Systemic Issues - Hagens Berman is investigating whether the substantial losses were a foreseeable result of poor internal controls and inadequate risk communication to investors [4]. - The investigation suggests that the recurring nature of the losses indicates a systemic issue rather than isolated problems, raising questions about executive awareness of the internal control weaknesses [5]. Group 4: Financial Losses Reported - Lockheed Martin reported $1.8 billion in pre-tax losses in its Aeronautics segment on January 28, 2025, followed by an additional $950 million in pre-tax losses for the same segment and $570 million for the RMS segment on July 22, 2025, linked to issues with the Canadian Maritime Helicopter Program [6].