Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Bitfarms Ltd. regarding a class action lawsuit due to alleged misleading statements and deficiencies in financial reporting during a specified class period [1][2]. Group 1: Allegations Against Bitfarms Ltd. - The complaint alleges that Bitfarms maintained deficient internal controls over financial reporting [1]. - It is claimed that the company incorrectly categorized proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [1]. - The company allegedly overstated its ability to remediate material weaknesses in its internal controls related to the classification of the 2021 Warrants [1]. - These errors reportedly caused Bitfarms to misstate various items in previously issued financial statements, which may need to be restated [1]. - As a result, the company's public statements were materially false and misleading throughout the relevant period [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as March 21, 2023, to December 9, 2024 [1]. - Shareholders are encouraged to register for the class action by July 8, 2025, to potentially become lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. Group 3: About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI) regarding a class action lawsuit due to undisclosed financial irregularities and internal control failures [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Compass failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc. This included undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [3]. - The truth about these issues emerged on May 7, 2025, when Compass announced that its financial statements for fiscal 2024 could no longer be relied upon due to an ongoing internal investigation into Lugano [3]. - Following this announcement, Compass's stock price plummeted from $17.25 per share on May 7, 2025, to $6.55 per share on May 8, 2025 [3]. Next Steps for Shareholders - Shareholders who purchased shares of CODI during the class period (May 1, 2024, to May 7, 2025) are encouraged to register for the class action by July 8, 2025 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case [4]. Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [5].

Core Viewpoint - A class action lawsuit has been filed against Bitfarms Ltd. for allegedly making materially false and misleading statements regarding its business and financial reporting during the class period from March 21, 2023, to December 9, 2024 [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of New York on behalf of all individuals and entities who purchased Bitfarms securities during the specified class period [1]. - Investors have until July 8, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Bitfarms - The complaint alleges that Bitfarms maintained deficient internal controls over financial reporting [3]. - It is claimed that the company incorrectly categorized proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [3]. - The company allegedly overstated its ability to remediate material weaknesses in its internal controls related to the classification of 2021 Warrants [3]. - Errors in financial statements are said to have resulted in inaccuracies that may require restatement [3]. - The public statements made by the company during the class period are claimed to be materially false and misleading [3].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Compass Group Diversified Holdings, LLC (CODI) regarding a class action lawsuit due to alleged failures in financial reporting and internal controls [1][2]. Summary by Sections Allegations - The complaint alleges that Compass failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc. This included undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [2]. - The truth about these issues emerged on May 7, 2025, when Compass announced that its financial statements for fiscal 2024 could no longer be relied upon due to an ongoing internal investigation into Lugano [2]. - Following this announcement, Compass's stock price plummeted from $17.25 per share on May 7, 2025, to $6.55 per share on May 8, 2025 [2]. Next Steps for Shareholders - Shareholders who purchased shares of CODI during the specified class period (May 1, 2024, to May 7, 2025) are encouraged to register for the class action by July 8, 2025 [3]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case [3]. Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements or omissions that led to stock inflation [4].

NEW YORK, June 5, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF). Shareholders who purchased shares of BITF 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: WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights o ...

NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI). Shareholders who purchased shares of MRVI 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/maravai-lifesciences-holdings-inc-loss-submission-form/?id=14 ...

Core Insights - Maravai LifeSciences Holdings experienced a significant decline in share price due to revelations of material weaknesses in financial reporting, with a nearly 6% drop on March 19, 2025, following a 21% plunge on February 25, 2025, when the company postponed its earnings release [1][6] Financial Reporting Issues - The company's CFO, Kevin Herde, disclosed an error in revenue recognition that led to $3.9 million being improperly recorded in Q2 2024 instead of Q3, attributed to differing contractual terms that were not communicated to the accounting team [3] - Maravai recorded an $11.9 million non-cash goodwill impairment charge related to its Alphazyme acquisition, indicating that the carrying value exceeded its estimated fair value, which highlighted material weaknesses in internal controls over revenue recognition and goodwill assessments [4] Legal Developments - A securities class action lawsuit has been filed against Maravai, alleging that the company misled investors regarding its internal controls, revenue recognition practices, and goodwill valuation during the class period from August 7, 2024, to February 24, 2025 [2][5] - The lawsuit claims that Maravai overstated revenue and goodwill while failing to disclose systemic weaknesses in its internal controls [5] Market Reaction - Following the announcement of the postponement of the earnings release and the assessment of goodwill impairment and internal controls, analysts downgraded the stock and reduced price targets, leading to a sharp sell-off [6]