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Class Action Filed Against Ardent Health, Inc. (ARDT) - March 9, 2026 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2026-01-29 14:00
NEW YORK, Jan. 29, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ardent Health, Inc. (NYSE: ARDT). Shareholders who purchased shares of ARDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ardent-health-inc-loss-submission-form/?id=183282&from=4 CLASS PERIOD: July 18, 202 ...
House, feds launch probe into Ilhan Omar finances after reported jump from $0 to $30M, raising concerns
Yahoo Finance· 2026-01-21 21:45
House Republicans are opening a new front in Washington’s favorite sport: following the money. This time, their sights are trained on Rep. Ilhan Omar. According to an exclusive report from the New York Post, attorneys for the House Oversight Committee are investigating how Omar’s household finances reportedly ballooned in recent years (1). Financial disclosure forms suggest her family’s net worth may have climbed as high as $30 million. Must Read At the center of the inquiry is Omar’s husband, Tim Myn ...
FAT Brands pushed to the brink by legal storm and mounting debt
Yahoo Finance· 2026-01-14 16:17
According to the lawsuit, the RFTC failed to conduct required audits of the brand’s marketing fund for the years 2022-2024, as outlined in franchise agreements. It also claims the company withheld Pepsi rebates that should have been distributed to franchisees. According to the franchisee group, these actions have caused significant financial harm, and they are seeking legal action to compel RFTC to provide evidence of financial audits and offer compensation to franchisees impacted by the alleged mismanageme ...
Scammers are staking out Americans' front doors in a wily new debit card scheme. How the scam works and what to do
Yahoo Finance· 2025-12-24 14:07
Financial fraud is a problem in general, although, as a consumer, you may be at risk of greater losses if your debit card or checking account is targeted.Read more: Warren Buffett used 8 solid, repeatable money rules to turn $9,800 into a $150B fortune. Start using them today to get rich (and stay rich) ’The Independent Community Bankers of America has been working with the U.S. Postal Inspection Service to educate customers on check fraud via handouts at different banking locations.Of course, debit card fr ...
X @外汇交易员
外汇交易员· 2025-12-16 13:47
360发公告回应表示,2018 年至 2024 年 GameWave 系公司年均业务收入约0.2亿元,年均业务收入占该期间公司年均收入比例约0.2%。历年财务数据不存在财务造假情形。前360高级副总裁玉红早前称360游戏全部财务造假,自己帮周鸿祎做过至少几十亿假账,会全网公布数据。 https://t.co/liAP89Jbfx ...
Ming-Chi Kuo Fires Back At Nvidia 'Fraud' Critics, Says Claims Are Built On 'Factual Errors' — 'Far From Being Evidence...'
Yahoo Finance· 2025-11-25 11:45
Core Viewpoint - Ming-Chi Kuo, a notable tech analyst, defends NVIDIA Corporation against allegations of financial misconduct, particularly regarding its Days Sales Outstanding (DSO) and inventory levels, asserting that these metrics are consistent with industry standards and not indicative of fraud [1][2]. Group 1: DSO Analysis - Kuo argues that the increase in DSO is reasonable as receivables are becoming more concentrated among a few large customers, reflecting their bargaining power [3]. - Critics have misjudged NVIDIA's DSO by comparing it to inappropriate peer groups; when compared to suppliers serving the same cloud service providers, which typically have DSOs exceeding 60-70 days, NVIDIA's figures are more aligned [4]. Group 2: Inventory Examination - Kuo addresses concerns regarding a 32% quarter-over-quarter increase in inventory for Q3 FY26, clarifying that NVIDIA's Q2 FY23 inventory had actually risen by approximately 23% QoQ, not declined [5]. - The recent inventory surge is attributed to a significant ramp-up in upstream capacity at TSMC, particularly linked to the mass production of the new Blackwell B300 GPU, indicating preparation for strong demand rather than fraudulent activity [5]. Group 3: Criticism Context - Kuo's defense comes amid scrutiny of NVIDIA's financial practices, with independent researcher Shanaka Anslem Perera highlighting potential red flags, including an 89% increase in accounts receivable, extended payment cycles, and weaker cash conversion compared to peers [6].
Key executive convicted of defrauding JPMorgan Chase is sentenced to over 5 years in prison
Yahoo Finance· 2025-11-05 21:48
Core Points - A top executive at the startup Frank, which facilitated financial aid applications for college students, was sentenced to over five years in prison for defrauding JPMorgan Chase during a $175 million acquisition [1][2] - The founder of Frank, Charlie Javice, received a seven-year prison sentence for her role in the fraud [1] - The fraud involved presenting false documents to JPMorgan Chase, claiming the company had over 4 million customers, while the actual number was fewer than 400,000 [2][3] Legal Proceedings - Olivier Amar was sentenced to five years and eight months in prison, with the judge noting his significant involvement in the fraud [2] - A jury convicted both Amar and Javice in March for submitting fake records to the bank during the acquisition negotiations in summer 2021 [3] Financial Impact - In addition to the prison sentence, Amar was ordered to pay $223 million in restitution, which includes $54 million in legal fees that JPMorgan Chase was contractually obligated to cover on his behalf [5]
Scammers are staking out Americans' front doors in a wily new debit card scheme — how the scam works and what to do
Yahoo Finance· 2025-10-28 10:00
Core Insights - The article discusses the rising issue of debit card and check fraud, highlighting the vulnerabilities consumers face compared to credit card fraud protection [4][5]. Group 1: Fraud Trends - Debit card fraud is increasingly prevalent, with a Federal Reserve survey indicating that it is the payment method most targeted by fraudsters [4]. - Check fraud has risen by 10% in 2024 compared to the previous year, indicating a growing concern in this area [2]. Group 2: Consumer Protections - Under the Fair Credit Billing Act, consumers are limited to $50 in losses for fraudulent credit card transactions reported within 60 days, while debit cards offer less protection, with potential losses up to the entire amount stolen if reported after 60 days [5]. - Consumers have a year to report check fraud, but many banks require notification within 30 to 14 days after the bank statement is sent out [5]. Group 3: Prevention Measures - To protect against debit card fraud, consumers are advised to monitor their bank accounts regularly, avoid unsolicited communications, and never share sensitive information over the phone [9][10]. - For check fraud, using permanent markers for writing checks and mailing them directly from the post office are recommended practices [11].
I just found out my aunt drained my grandparents’ savings and racked up $30,000 on their credit cards. What should I do?
Yahoo Finance· 2025-09-28 10:15
Core Insights - Financial abuse of older adults is a significant issue, often perpetrated by individuals known to the victims, such as family members [4] - Bria's grandparents are facing severe financial difficulties due to fraud committed by a relative, highlighting the risks of financial abuse within families [2][3] Group 1: Financial Abuse Context - Bria's grandparents were defrauded of thousands of dollars by their daughter, leading to maxed-out credit cards totaling $30,000 and ongoing debt collector calls [2] - The aunt had a history of financial irresponsibility, previously borrowing money from Bria's parents without repayment [3] Group 2: Signs of Financial Abuse - Warning signs of financial abuse include limited communication with the victim, unannounced changes to estate plans, and unauthorized charges on credit or debit accounts [5] - Other indicators can be missing valuable items and checks being signed without the victim's ability to write them [5] Group 3: Addressing Financial Abuse - It is crucial to reassure victims that the abuse is not their fault and to seek legal advice to protect them from further financial exploitation [6]
Nutex Health (NUTX) Securities Suit Alleges Fraud and Financial Misstatements-- Hagens Berman
Prnewswire· 2025-08-26 13:05
Core Viewpoint - A class-action lawsuit has been filed against Nutex Health, Inc. alleging fraudulent activities that inflated revenues, resulting in significant investor losses [1][2]. Group 1: Allegations and Lawsuit Details - The lawsuit claims that Nutex and its partner HaloMD engaged in a scheme to defraud insurance companies by submitting ineligible claims, which were falsely attested to as legitimate [2]. - The allegations were initially brought to light by a report from Blue Orca Capital, which accused HaloMD of a coordinated fraudulent scheme to extract millions from insurance companies [3]. - Following the report, Nutex's stock price fell over 10%, indicating a loss of investor confidence [3]. Group 2: Financial Reporting Issues - The lawsuit also alleges that Nutex overstated its progress in addressing weaknesses in its financial reporting controls, leading to improper accounting of stock-based compensation [4]. - Nutex's delay in filing its Form 10-Q due to accounting adjustments further exacerbated the situation, causing a 16.39% drop in its stock price on August 15, 2025 [5]. Group 3: Company Response and Restatement - On August 21, 2025, Nutex filed a Form 8-K stating that certain prior financial statements would need to be restated due to improper treatment of non-cash obligations [6]. - The company did not adequately rebut the allegations made in the Blue Orca report, only noting that it was not named as a defendant in lawsuits against HaloMD [7]. Group 4: Investor Impact and Recovery Efforts - The class action seeks to recover damages for investors who purchased Nutex securities during the specified class period, alleging that public statements were materially false and misleading [8]. - Hagens Berman is investigating the allegations to determine if Nutex's business model was based on fraudulent practices and whether its financial controls misled investors [9].