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INVESTOR ALERT: Camping World Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead the Camping World Class Action Lawsuit – RGRD Law
Globenewswire· 2026-03-11 00:27
Core Viewpoint - The Camping World class action lawsuit alleges that the company and certain executives made misleading statements regarding inventory management and consumer demand, leading to significant financial losses for investors during the specified Class Period [1][3]. Group 1: Lawsuit Details - The class action lawsuit seeks to represent purchasers of Camping World Holdings, Inc. securities from April 29, 2025, to February 24, 2026 [1]. - The lawsuit is titled Siverd v. Camping World Holdings, Inc., and is filed in the Northern District of Illinois [1]. - Allegations include overstating inventory management capabilities and retail demand, which negatively impacted gross profit and margins [3]. Group 2: Financial Performance - On October 28, 2025, Camping World reported third-quarter 2025 results, revealing new vehicle revenue of $766.8 million, a decrease of $58.1 million, or 7.0% [4]. - The average selling price of new vehicles sold decreased by 8.6%, and the new vehicle gross margin fell to 12.7%, a decrease of 81 basis points [4]. - Following the release of these results, Camping World shares fell nearly 25% [4]. - On February 24, 2026, the company announced fourth-quarter 2025 results, indicating the implementation of strict inventory management objectives, which would create gross margin headwinds into 2026 [5]. - The company also paused its quarterly cash dividend, citing reduced availability of excess tax distributions and a focus on reducing net debt leverage [5]. - This announcement led to a further decline in share price by more than 16% [5]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Camping World securities during the Class Period to seek appointment as lead plaintiff [6]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [6].
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ostin and NuScale and Encourages Investors to Contact the Firm
Globenewswire· 2026-03-10 22:52
Core Viewpoint - Class actions have been initiated for stockholders of Ostin Technology Group Co., Ltd. and NuScale Power Corporation, with deadlines for lead plaintiff petitions approaching [1] Ostin Technology Group Co., Ltd. (NASDAQ:OST) - The class period for Ostin is from May 11, 2025, to June 26, 2025, with a lead plaintiff deadline of April 17, 2026 [4] - A criminal indictment was unsealed on September 12, 2025, charging co-CEO Lai Kui Sen and financial advisor Yan Zhao with conspiracy to commit securities fraud, wire fraud, and securities fraud, alleging over $110 million in illicit proceeds [4] - The indictment claims that from April 2025, a fraudulent scheme was orchestrated to inflate Ostin's stock price, resulting in a market capitalization increase from approximately $22 million to over $1 billion [4] - On June 26, 2025, Ostin's stock price collapsed, leading to a loss of over $950 million, representing more than 94% of its market capitalization in a single day [4] NuScale Power Corporation (NYSE:SMR) - The class period for NuScale is from May 13, 2025, to November 6, 2025, with a lead plaintiff deadline of April 20, 2026 [4] - The lawsuit alleges that NuScale made false statements regarding ENTRA1 Energy LLC's capabilities, claiming it had never built or operated significant projects in nuclear power generation [4] - It is claimed that NuScale's commercialization strategy was exposed to undisclosed risks due to reliance on ENTRA1, which lacked significant experience in the nuclear energy sector [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northern Dynasty Minerals Ltd. - NAK
Globenewswire· 2026-03-10 21:14
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices by Northern Dynasty Minerals Ltd. and its officers or directors [1] Group 1: Legal Investigation - Pomerantz LLP is representing investors of Northern Dynasty Minerals Ltd. in an investigation regarding possible securities fraud [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1] Group 2: Stock Performance and Regulatory Actions - On February 17, 2026, the U.S. Department of Justice filed a brief supporting the Environmental Protection Agency's veto of Northern Dynasty's proposed Pebble Mine [3] - Following the DOJ brief, Northern Dynasty's stock price dropped by $0.80 per share, a decline of 39.41%, closing at $1.23 per share on February 18, 2026 [3]
DRVN Investors Have Opportunity to Lead Driven Brands Holdings Inc. Securities Fraud Lawsuit
Prnewswire· 2026-03-10 20:39
Group 1 - The Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Driven Brands Holdings Inc. common stock between May 9, 2023, and February 24, 2026, due to alleged securities fraud [1] - The lawsuit claims that Driven Brands made false and misleading statements regarding its financial condition and internal controls over financial reporting, leading to overstated revenue and cash balances in 2023 and 2024 [1][1] - Investors who purchased Driven Brands common stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][1] Group 2 - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [1][1] - The firm has been recognized for its success in securities class action settlements, being ranked No. 1 by ISS Securities Class Action Services in 2017 and consistently in the top 4 since 2013 [1][1] - The lawsuit highlights that the inaccuracies in Driven Brands' financial reports were filed with the SEC from May 9, 2023, to November 5, 2025, which misled investors about the company's financial health [1][1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Distribution Solutions Group, Inc. - DSGR
Globenewswire· 2026-03-10 20:17
NEW YORK, March 10, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Distribution Solutions Group, Inc. (“DSG” or the “Company”) (NASDAQ: DSGR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether DSG and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On Mar ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Banco Santander, S.A. - SAN
Globenewswire· 2026-03-10 20:09
NEW YORK, March 10, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Banco Santander, S.A. (“Santander” or the “Company”) (NYSE: SAN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Santander and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On Februar ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Apollo Global Management, Inc. of Class Action Lawsuit and Upcoming Deadlines – APO
Globenewswire· 2026-03-10 20:06
NEW YORK, March 10, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Apollo Global Management, Inc. (“Apollo” or the “Company”) (NYSE: APO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Apollo and certain ...
SHAREHOLDER ALERT: Kaskela Law Firm Announces Investigation of Reservoir Media, Inc. (NASDAQ: RSVR) and Encourages Long-Term Investors to Contact the Firm
Globenewswire· 2026-03-10 19:51
PHILADELPHIA, March 10, 2026 (GLOBE NEWSWIRE) -- Shareholder litigation firm Kaskela Law announces that it is investigating Reservoir Media, Inc. (NASDAQ: RSVR) on behalf of the company’s long-term investors. The investigation seeks to determine whether Reservoir Media and/or the company’s representatives violated the securities laws or breached their fiduciary duties in connection with recent corporate actions. Reservoir Media investors who would like to learn more about the investigation and their le ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Enphase Energy, Inc. and Certain Officers – ENPH
Globenewswire· 2026-03-10 19:33
Core Viewpoint - A class action lawsuit has been filed against Enphase Energy, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from April 22, 2025, to October 28, 2025, seeking damages for misleading statements regarding the company's business and financial prospects [1][7]. Group 1: Lawsuit Details - The class action was filed in the United States District Court for the Northern District of California, seeking to recover damages for all persons and entities that purchased Enphase securities during the specified Class Period [1]. - Investors have until April 20, 2026, to request appointment as Lead Plaintiff for the class [2]. Group 2: Company Background - Enphase Energy, founded in March 2006, focuses on solar generation, storage, and communication solutions, partnering with financing companies to offer third-party ownership arrangements for solar and battery products [4]. - The company reported "safe harbor revenue," defined as sales made to customers planning to install Enphase products over more than a year [4]. Group 3: Tax Credit Context - The Residential Clean Energy Credit allowed homeowners to deduct 30% of costs for clean energy property installed at their homes, which was favorable for solar products, including those from Enphase [5]. - The 25D Credit was set to terminate on December 31, 2025, seven years earlier than originally planned, impacting the financial outlook for Enphase [6]. Group 4: Allegations and Financial Impact - The Complaint alleges that Enphase made materially false and misleading statements about its ability to manage channel inventory and mitigate the effects of the 25D Credit termination, overstating its financial and operational prospects [7]. - Following the announcement of weak financial results and expectations for lower battery storage shipments, Enphase's stock price fell by $5.56 per share, or 15.15%, closing at $31.14 on October 29, 2025 [8][9].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ultragenyx Pharmaceutical Inc. of Class Action Lawsuit and Upcoming Deadlines – RARE
Globenewswire· 2026-03-10 19:33
Group 1 - A class action lawsuit has been filed against Ultragenyx Pharmaceutical Inc. for alleged securities fraud and unlawful business practices [2] - Investors who purchased Ultragenyx securities during the Class Period have until April 6, 2026, to request appointment as Lead Plaintiff [2] - The lawsuit is being handled by Pomerantz LLP, a firm recognized for its expertise in corporate and securities class litigation [6] Group 2 - On July 9, 2025, Ultragenyx announced progress in the Phase 3 Orbit study for UX143, leading to a stock price drop of $10.41 per share, or 25.11%, closing at $31.04 on July 10, 2025 [4] - On December 29, 2025, Ultragenyx reported that its Phase III Orbit and Cosmic Studies failed to meet primary endpoints, resulting in a stock price decline of $14.47 per share, or 42.32%, closing at $34.19 [5]