Workflow
Securities Class - Action Lawsuits
icon
Search documents
AAPL Investors Have Opportunity to Join Apple Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-11 14:15
Core Viewpoint - The Schall Law Firm is investigating claims against Apple Inc. for potential violations of securities laws, focusing on whether the company made false or misleading statements or failed to disclose important information to investors [1]. Group 1 - The investigation is aimed at protecting the rights of shareholders who may have suffered losses due to the alleged violations [1]. - The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally [2].
SATS Investors Have Opportunity to Join EchoStar Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-11 14:13
Core Viewpoint - The Schall Law Firm is investigating EchoStar Corporation for potential violations of securities laws related to misleading statements and failure to disclose critical information to investors [1][2]. Group 1: Investigation Details - The investigation is centered on whether EchoStar issued false or misleading statements and failed to disclose relevant information to investors [2]. - A Wall Street Journal article from May 12, 2025, reported that the FCC is investigating EchoStar's compliance with federal requirements for building a nationwide 5G network, leading to a 16.6% drop in the company's shares [2]. - On May 30, 2025, EchoStar disclosed that it chose not to make a cash interest payment of approximately $326 million to allow time for the FCC to respond to its compliance investigation, resulting in a further 13.1% decline in intraday trading [2].
READY CAPITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Ready Capital Corporation - RC
GlobeNewswire News Room· 2025-05-01 14:54
Core Viewpoint - Investors in Ready Capital Corporation have until May 5, 2025, to file lead plaintiff applications in securities class action lawsuits due to alleged failures in disclosing material information during the class period from November 7, 2024, to March 2, 2025 [1][3]. Group 1: Legal Actions - Ready Capital and certain executives are charged with violating federal securities laws by failing to disclose material information during the class period [3]. - The first-filed case is Quinn v. Ready Capital Corporation, et al., No. 25-cv-1883, with a subsequent case, Goebel v. Ready Capital Corporation, et al., No. 25-cv-3373, expanding the class period [5]. Group 2: Financial Performance - On March 3, 2025, Ready Capital reported a quarterly net loss of $1.80 per share and a full year 2024 net loss of $2.52 per share, attributed to actions taken to stabilize the balance sheet by reserving for nonperforming loans [4]. - The company took $284 million in combined Current Expected Credit Loss and valuation allowances to mark non-performing loans to current values [4]. Group 3: Market Reaction - Following the financial results announcement, Ready Capital's share price declined over 26% to close at $5.07 per share on March 3, 2025, amid unusually heavy trading volume [5].
KLC Investors Have Opportunity to Join KinderCare Learning Companies, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-04-15 13:15
Core Viewpoint - The Schall Law Firm is investigating KinderCare Learning Companies, Inc. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Financial Performance - KinderCare reported an operating loss of $89.3 million for Q4 2024, a significant decline from a profit of $48.7 million in the same quarter of the previous year, attributed to increased equity-based compensation expenses and lower COVID-19 reimbursements [2]. - The company's guidance for 2025 fell short of market estimates, contributing to a 22.17% drop in share price the following day [2].