Securities Class - Action Lawsuit
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FRMI ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Fermi Inc. Investors
Businesswire· 2026-01-06 23:00
What Is This Lawsuit About? The lawsuit alleges that (1) the Company overstated its tenant demand for its Project Matador campus; (2) the extent to which Project Matador would rely on a single tenant's funding commitment to finance the construction of Project Matador; and (3) there was a significant risk that that tenant would terminate its funding commitment. [CONTACT THE FIRM IF YOU SUFFERED A LOSS] NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has be ...
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2026-01-04 13:02
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational failures that have negatively impacted the company's stock performance and investor confidence [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Firefly Aerospace to discuss their legal options, particularly those who purchased shares during the IPO or within the defined class period [1][2]. - A federal securities class action has been filed against Firefly, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [2]. Group 2: Financial Performance and Stock Impact - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [5]. - In its first earnings report as a public company, Firefly reported a loss of $80.3 million, or $5.78 per share, which was a significant increase from a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [6]. - Revenue for the second quarter of 2025 was reported at $15.55 million, falling short of analyst estimates of $17.25 million and representing a 26.2% decline year-over-year [6]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, indicating a 49% year-over-year decrease [6]. - Following the earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - After a subsequent announcement regarding a failure in the Alpha Flight 7 rocket, the stock price fell further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [8][9]. Group 3: Allegations of Misconduct - The complaint against Firefly alleges that the company and its executives made false or misleading statements regarding the demand for its Spacecraft Solutions and the operational readiness of its Alpha rocket program [4]. - It is claimed that these misrepresentations would likely have a material negative impact on the company once revealed [4].
DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds Sprouts Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 26, 2026
Globenewswire· 2026-01-03 12:47
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sprouts Farmers Market, Inc. due to allegations of misleading statements regarding the company's growth potential and sales performance [3][5]. Company Performance - Sprouts Farmers Market reported a 4.3% decrease in comparable store growth for Q3 fiscal 2025, which was below previous projections [6]. - The company has revised its full-year sales growth expectations down from 7.5%-9% to 7% [6]. - Management attributed the sales shortfall to challenging year-over-year comparisons and a softening consumer, despite earlier claims of resilience against macroeconomic factors [6]. Legal Proceedings - A federal securities class action has been filed against Sprouts, with a deadline of January 26, 2026, for investors to seek the role of lead plaintiff [3][7]. - The complaint alleges that the company and its executives made false and misleading statements that led to artificially inflated stock prices [5]. Investor Communication - Faruqi & Faruqi encourages investors who suffered losses in Sprouts to contact them for discussions about their legal rights [1][8]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Sprouts' conduct [8].
DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026
Globenewswire· 2026-01-03 12:43
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In SLM To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in SLM between July 25, 2025 and August 14, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Jan. 03, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, L ...
BTDR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BitDeer Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026
Globenewswire· 2026-01-03 12:23
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, particularly concerning misleading statements about the company's SEALMINER A4 project and its financial performance [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Bitdeer [4]. - Investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, which led to a stock price drop of $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [7]. - Following a fire incident at its construction facility in Ohio, Bitdeer's stock fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [8]. Group 3: Allegations of Misleading Statements - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's development and its expected mass production timeline [6].
OWL DEADLINE APPROACHING: Faruqi & Faruqi Reminds Blue Owl Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 2, 2026
Globenewswire· 2026-01-03 12:21
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Blue Owl Capital Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed liquidity issues [4][6]. Group 1: Allegations Against Blue Owl - The complaint alleges that Blue Owl and its executives made false and misleading statements regarding the company's asset base and liquidity issues, which were not disclosed to investors [6]. - Specific allegations include that Blue Owl was under pressure from Business Development Company (BDC) redemptions, leading to undisclosed liquidity issues and potential limitations on redemptions [6]. - The company's positive statements about its business operations were deemed materially misleading due to these undisclosed issues [6]. Group 2: Impact on Investors - On November 16, 2025, it was reported that Blue Owl blocked redemptions in one of its private credit funds, which could result in significant losses for investors [7]. - Following the announcement of a merger with Blue Owl Capital Corporation, investors in Blue Owl Capital Corporation II will lose the ability to redeem cash at the fund's Net Asset Value (NAV), with shares trading approximately 20% below NAV [8]. - The stock price of Blue Owl fell by $0.85, or 5.8%, closing at $13.77 per share on November 17, 2025, indicating a direct financial impact on investors [8]. Group 3: Legal Proceedings - Investors who purchased Blue Owl securities between February 6, 2025, and November 16, 2025, are encouraged to discuss their legal rights and options, with a deadline of February 2, 2026, to seek the role of lead plaintiff in the class action [4][9]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [9]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Blue Owl's conduct [10].
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Announces that Freeport-McMoran Systems Investors Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-02 14:46
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoran Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which have led to significant investor losses [4][6]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Freeport-McMoran to contact them to discuss their legal rights, particularly those who purchased securities between February 15, 2022, and September 24, 2025 [1][4]. - A federal securities class action has been filed against Freeport, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [4]. Group 2: Allegations Against Freeport-McMoran - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [6]. - Specific allegations include inadequate safety measures, which heightened regulatory, litigation, and reputational risks, rendering the company's statements materially false and misleading [6]. Group 3: Impact on Stock Price - Following the suspension of mining activities on September 9, 2025, due to a tragic incident that trapped workers, Freeport's stock price fell by $2.77, or 5.9%, closing at $43.89 per share [7]. - After the update on September 24, 2025, revealing fatalities among the trapped workers, the stock price dropped by $7.69, or 17%, closing at $37.67 per share [8]. - Additional news on September 25, 2025, regarding the strain in Freeport's relationship with the Indonesian government led to a further decline in stock price by $2.33, or 6.2%, closing at $35.34 [9][10].
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of agilon health, inc. Investors – AGL
Businesswire· 2025-12-31 20:32
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of agilon health, inc. (NYSE: AGL) between February 26, 2025 and August 4, 2025, both dates inclusive (the "Class Period†). The lawsuit seeks to recover damages for agilon investors under the federal securities laws. To join the agilon class action, go to https://rosenlegal.com/submit-form/?case_id=46039 or call Phillip Kim, Esq. t. ...
Klarna Group plc Securities Class Action Result of Understated Risks and Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-31 03:28
Core Viewpoint - Investors with substantial losses from Klarna Group plc have until February 20, 2026, to file lead plaintiff applications in a securities class action lawsuit related to the company's September 2025 IPO [1] Group 1: Lawsuit Details - The lawsuit alleges that Klarna and certain executives failed to disclose material information during the Class Period, violating federal securities laws [3] - Specific allegations include the claim that Klarna materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known due to the risk profile of individuals using their buy now, pay later loans [4] - The lawsuit asserts that the public statements made by the defendants were materially false and misleading, leading to investor damages when the true information became public [4] Group 2: Legal Representation - Kahn Swick & Foti, LLC, a prominent boutique securities litigation law firm, is representing the investors, with a notable track record in recovering investment losses due to corporate fraud [5] - The firm is led by former Louisiana Attorney General Charles C. Foti, Jr., and has been recognized among the top 10 firms nationally based on total settlement value [5]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages F5, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FFIV
Globenewswire· 2025-12-31 02:06
Core Viewpoint - A class action lawsuit has been filed against F5, Inc. for allegedly misleading investors regarding its revenue outlook and security risks during the Class Period from October 28, 2024, to October 27, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that F5's management created a false impression of the company's revenue projections and growth potential while downplaying risks associated with seasonality and macroeconomic factors [5]. - It is alleged that F5 was experiencing a significant security incident that jeopardized both client security and the company's future prospects, contradicting the optimistic claims made by the company [5]. Group 2: Investor Participation - Investors who purchased F5 securities during the Class Period may be eligible for compensation without incurring out-of-pocket costs through a contingency fee arrangement [2]. - Interested investors can join the class action by submitting a form or contacting the law firm for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].