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AMYLYX ALERT: Bragar Eagel & Squire, P.C. is Investigating Amylyx Pharmaceuticals, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-08 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Amylyx Pharmaceuticals, Inc. due to a class action complaint alleging breaches of fiduciary duties by the company's board of directors during the specified class period [1][2]. Summary by Relevant Sections Allegations of Misconduct - The complaint asserts that the Individual Defendants made false and misleading statements regarding the Relyvrio commercial launch, claiming significant demand that was not sustainable [2]. - It is alleged that the initial surge in demand for Relyvrio was temporary and had already subsided within months of its launch, undermining growth potential among newly diagnosed ALS patients [2]. - The complaint highlights that there were high, undisclosed discontinuation rates for Relyvrio, which negatively impacted the drug's commercial viability and inflated the perceived potential for acquiring new patients [2]. Legal Representation - Bragar Eagel & Squire, P.C. is representing long-term stockholders of Amylyx and is open to inquiries regarding the claims and rights of investors [3]. Firm Background - Bragar Eagel & Squire, P.C. is a recognized law firm specializing in representing individual and institutional investors in various complex litigations across state and federal courts [4].
Resurgent Realty Trust Issue Position Statement Regarding Generation Income Properties, Inc. (“GIPR”)
GlobeNewswire News Room· 2025-06-25 15:16
Core Viewpoint - Resurgent Realty Trust criticizes the management and board of Generation Income Properties, Inc. for failing to fulfill their fiduciary duties and mismanaging the company, leading to significant shareholder losses [1][3][4]. Financial Performance - Generation Income Properties has not been profitable since its IPO in September 2021, marking 3.9 years of continuous losses under the current leadership [3]. - The company's stock price has plummeted from $10 to $1.40, representing an 86% decline, indicating severe destruction of shareholder value [3]. Management and Governance Issues - The CEO, David Sobelman, and the board are accused of operating recklessly and lacking an understanding of their fiduciary responsibilities as stewards of a publicly traded company [2][4]. - There is a call for the removal of current management and reconstitution of the board to stabilize the company, which is described as a "wayward and sinking ship" [4].
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of AvidXchange Holdings, Inc. (Nasdaq – AVDX)
GlobeNewswire News Room· 2025-06-17 21:50
If you own shares of AvidXchange stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, visit https://www.brodskysmith.com/cases/avidxchange-holdings-inc- nasdaq-avdx/, or call toll free 855-576-4847. BALA CYNWYD, Pa., June 17, 2025 ( ...
PAYCOM SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Paycom Software, Inc. (NYSE: PAYC) and Encourages Long-Term Investors to Contact the Firm
GlobeNewswire News Room· 2025-06-16 19:20
Core Viewpoint - Kaskela Law LLC is investigating potential breach of fiduciary duty claims against Paycom Software, Inc. on behalf of long-term shareholders due to alleged securities fraud and misleading statements made by the company and its executives [1][2][5]. Financial Performance - Paycom reported disappointing financial results for Q2 2023, with the CFO indicating expected weakness in future revenue due to undisclosed negative impacts from the Beti product, leading to a nearly 20% decline in stock value [3]. - Following further disclosures on October 31, 2023, regarding strategic decisions that would result in a dramatic deceleration of revenue growth, Paycom's stock fell over 38% [4]. Legal Investigation - The investigation aims to determine if Paycom's board members violated securities laws or breached fiduciary duties related to the alleged misconduct [5]. - Current shareholders who have owned Paycom shares since at least January 1, 2023, are encouraged to contact Kaskela Law LLC for information regarding their legal rights [5].
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of The Ensign Group, Inc. (NASDAQ: ENSG)
Prnewswire· 2025-05-27 12:30
NEW YORK, May 27, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating The Ensign Group, Inc. (NASDAQ: ENSG) on behalf of the company's shareholders.  The investigation seeks to determine whether The Ensign Group's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of The Ensign Group, Inc. and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https:/ ...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Immunovant, Inc. (NASDAQ: IMVT)
Prnewswire· 2025-03-19 14:02
Core Viewpoint - Purcell & Lefkowitz LLP is investigating Immunovant, Inc. to determine if the company's directors breached their fiduciary duties related to recent corporate actions [1] Group 1 - The investigation is on behalf of Immunovant's shareholders [1] - Shareholders can obtain additional information regarding their rights and options at no charge [2] - Purcell & Lefkowitz LLP specializes in representing shareholders affected by securities fraud and corporate misconduct [3]
FirstEnergy(FE) - 2024 FY - Earnings Call Transcript
2024-05-22 13:00
FirstEnergy (FE) FY 2024 Annual General Meeting May 22, 2024 08:00 AM ET Speaker0 Good morning, and welcome to the FirstEnergy Corp. Twenty twenty four Annual Meeting of Shareholders. This meeting is being recorded. At this time, I'd like to turn the meeting over to the company. Thank you, and good morning. I'm Mary Swan, Corporate Secretary and Associate General Counsel. I have a few details to review before we begin. The rules of conduct for this meeting can be found in the meeting materials area to the l ...