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INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hims & Hers Health
GlobeNewswire News Room· 2025-07-20 15:07
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Hims & Hers Health, Inc. due to allegations of securities law violations related to misleading statements and the promotion of unsafe products [3][5]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Hims, with a deadline of August 25, 2025, for investors to seek the role of lead plaintiff [3][7]. - The complaint alleges that Hims engaged in deceptive practices by promoting illegitimate versions of Wegovy®, which jeopardized patient safety and risked the termination of its collaboration with Novo Nordisk [5][6]. Group 2: Impact on Stock Price - Following Novo Nordisk's announcement of ending its partnership with Hims due to legal violations, Hims' stock price dropped by $22.24, or 34.6%, closing at $41.98 per share on June 23, 2025 [6]. Group 3: Call for Information - Faruqi & Faruqi encourages individuals with information regarding Hims' conduct, including whistleblowers and former employees, to come forward [8].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Perpetua Resources Corp.
Globenewswire· 2025-03-24 19:23
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Perpetua Resources Corp due to allegations of violations of federal securities laws related to misleading statements about the Stibnite Gold Project, which led to significant financial losses for investors [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $50,000 in Perpetua between April 17, 2024, and February 13, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Perpetua, with a deadline of May 20, 2025, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Perpetua and its executives made false or misleading statements regarding the true costs and financial projections of the Stibnite Gold Project, which inflated the stock price [4]. Group 2: Financial Impact and Stock Performance - Following the release of an updated cash flow model for the Stibnite Gold Project on February 13, 2025, Perpetua's stock price fell over 22% on February 14, 2025 [5][6]. - The updated financial model indicated an increase in initial and total capital expenditures, which contrasted with previous estimates, although it also noted improvements in key economic metrics such as Annual Average EBITDA and Free Cash Flow [5]. Group 3: Company Background and Contact Information - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Perpetua's conduct [8].