Securities Lawsuit

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LINE LAWSUIT ALERT: Lineage, Inc. is Being Sued for Securities Violations after Downturn Leads to 17% Stock Drop – Investors Urged to Contact BFA
Globenewswire· 2025-09-24 12:46
Core Viewpoint - A lawsuit has been filed against Lineage, Inc. and its senior executives for potential violations of federal securities laws, particularly related to its IPO performance and subsequent financial disclosures [1][2]. Company Overview - Lineage, Inc. is a cold storage-focused real estate investment trust (REIT) that operates temperature-controlled storage facilities for food and other perishable products [3]. IPO and Allegations - The IPO documents claimed that Lineage had "consistent cold chain demand" and strong cash flows, suggesting resilience during economic downturns [4]. - Contrary to these claims, it is alleged that Lineage was experiencing a downturn as customers reduced excess inventory accumulated during the COVID-19 pandemic and shifted to leaner inventory practices [4]. Financial Performance - Following its IPO at $78 per share, Lineage's stock price has significantly declined to around $40 per share, approximately 50% of its initial value [5]. - In its fiscal Q4 2024 results, Lineage indicated that customers were "unwinding" previously overbuilt inventory levels, returning to a more normal seasonal pattern [5].
LINE Deadline: LINE Investors Have Opportunity to Lead Lineage, Inc. Securities Lawsuit
Prnewswire· 2025-09-19 17:30
Core Points - Rosen Law Firm is reminding purchasers of common stock of Lineage, Inc. regarding the September 30, 2025 lead plaintiff deadline related to the IPO [1] Company Summary - Lineage, Inc. conducted its initial public offering (IPO) in July 2024, and the registration statement associated with this IPO is relevant for current stock purchasers [1]
NYSE: KLC Lawsuit Alert: Investors who lost money with KinderCare Learning Companies, Inc. (NYSE: KLC) shares should contact the Shareholders Foundation
Prnewswire· 2025-08-25 14:10
Core Viewpoint - A lawsuit has been filed against KinderCare Learning Companies, Inc. by an investor, alleging violations of securities laws related to the company's initial public offering (IPO) in October 2024, specifically concerning undisclosed incidents of child abuse and neglect at its facilities [2]. Group 1: Lawsuit Details - The plaintiff claims that the registration statement for KinderCare's IPO was false and misleading, failing to disclose numerous incidents of child abuse, neglect, and harm at KinderCare facilities [2]. - Allegations include that KinderCare did not provide the "highest quality care possible" and often failed to meet basic care standards in the child care industry [2]. - The lawsuit suggests that KinderCare is exposed to material risks, including potential lawsuits, regulatory actions, negative publicity, reputational damage, and business loss due to these undisclosed issues [2]. Group 2: Investor Information - Investors who purchased shares of KinderCare Learning Companies, Inc. are encouraged to contact the Shareholders Foundation for further information regarding their options [1][3]. - The Shareholders Foundation provides services related to shareholder issues, including legal monitoring and information on securities class actions, but is not a law firm [3].
RCAT Securities Lawsuit Filed Against Red Cat Holdings, Inc. Contact the DJS Law Group to Discuss Your Rights
Prnewswire· 2025-07-22 09:27
Core Viewpoint - A class action lawsuit has been filed against Red Cat Holdings, Inc. for violations of securities laws, specifically related to misleading statements about production capabilities and contract valuations [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Red Cat made false and misleading statements regarding the production capabilities of its Salt Lake City facility [2]. - The company allegedly inflated the value of its Short Range Reconnaissance Program of Record Tranche 2 agreement, leading to materially false public disclosures throughout the class period [2]. - Investors who purchased securities between March 18, 2022, and January 15, 2025, are encouraged to participate in the lawsuit [1]. Group 2: Law Firm Background - DJS Law Group specializes in securities class actions, corporate governance litigation, and M&A appraisals, focusing on enhancing investor returns through advocacy [3]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [3].
DDD Securities Lawsuit Filed Against 3D Systems Corporation. Contact the DJS Law Group to Discuss Your Rights
Prnewswire· 2025-07-07 13:03
Core Viewpoint - A class action lawsuit has been filed against 3D Systems Corporation for alleged violations of securities laws, specifically regarding misleading statements about the company's financial health and customer spending impacts [1][2]. Group 1: Lawsuit Details - The lawsuit claims that 3D Systems made false and misleading statements, downplaying the negative impact of declining customer spending on its operations [2]. - Revenue from the Regenerative Medicine Program was negatively affected due to revised milestone requirements, indicating that the company's public disclosures were materially false and misleading during the class period from August 13, 2024, to May 13, 2025 [2]. Group 2: Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through balanced counseling and aggressive advocacy [3]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets that require respect and results [3].
OGN Shareholders Have the Right to Lead the Organon & Co. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - OGN
Prnewswire· 2025-06-13 14:13
Core Viewpoint - A class action lawsuit has been filed against Organon & Co. for alleged violations of federal securities laws, particularly concerning misleading statements about capital allocation and dividend payouts [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Organon concealed important information regarding its capital allocation priorities, specifically the future of its quarterly dividend payout [2]. - The company reported quarterly dividends as its "number one priority," which contradicted its debt reduction strategy, ultimately resulting in a 70% reduction in dividends [2]. Group 2: Investor Information - Shareholders who purchased Organon's securities between October 31, 2024, and April 30, 2025, are encouraged to contact the DJS Law Group before July 22, 2025, to participate in the lawsuit [1].
BITF Shareholders Have the Right to Lead the Bitfarms Ltd. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - BITF
Prnewswire· 2025-06-02 13:59
Core Viewpoint - A class action lawsuit has been filed against Bitfarms Ltd. for alleged violations of federal securities laws, specifically regarding misleading financial reporting and internal control weaknesses [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Bitfarms made false and misleading statements about its financial reporting controls [2]. - It is alleged that the company misclassified proceeds from the sale of digital assets as operating activities instead of investing activities [2]. - The company is accused of overstating its remediation efforts concerning material weaknesses in its internal controls and misstating items in previous financial statements [2]. Group 2: Shareholder Information - Shareholders who purchased Bitfarms securities between March 21, 2023, and December 9, 2024, are encouraged to contact the law firm before July 8, 2025, to participate in the lawsuit [1][3]. Group 3: Law Firm Profile - DJS Law Group specializes in securities class actions, corporate governance litigation, and M&A appraisals, focusing on enhancing investor returns through advocacy [4]. - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims [4].
CGC Shareholders Have the Right to Lead the Canopy Growth Corporation Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - CGC
Prnewswire· 2025-06-02 08:18
Core Viewpoint - A class action lawsuit has been filed against Canopy Growth Corporation for alleged violations of federal securities laws, specifically regarding misleading statements about production costs and financial performance [1]. Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Canopy's securities between May 30, 2024, and February 6, 2025 [1]. - The complaint claims that Canopy Growth made false statements about significant production costs associated with the launch of Claybourne pre-rolled joints and vaporizer devices, which negatively impacted gross margin and overall financial performance [1]. - The company is accused of overstating the effectiveness of its cost reduction measures, leading to materially misleading public statements throughout the class period [1]. Group 2: Investor Participation - Shareholders who suffered losses during the specified class period are encouraged to contact the DJS Law Group to participate in the lawsuit [2]. Group 3: DJS Law Group Profile - DJS Law Group specializes in enhancing investor returns through securities class actions, corporate governance litigation, and M&A appraisals, representing large hedge funds and alternative asset managers [3].
BBAI Shareholders Have the Right to Lead the BigBear.ai Holdings, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - BBAI
Prnewswire· 2025-06-02 08:17
Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for violations of federal securities laws, specifically related to misleading financial statements and inadequate accounting review policies [1][2] Group 1: Lawsuit Details - The lawsuit alleges that BigBear made false and misleading statements regarding its accounting practices, particularly concerning the conversion option in its 2026 Convertible Notes [2] - The company is accused of failing to comply with Accounting Standards Codification (ASC) 815-40 and ASC 815-15, leading to misstated financial statements that will require restatement [2] Group 2: Shareholder Information - Shareholders who purchased BigBear's securities between March 31, 2022, and March 25, 2025, are encouraged to contact the law firm before June 10, 2025, to participate in the lawsuit [1][2]
BKKT Shareholders Have the Right to Lead the Bakkt Holdings, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - BKKT
Prnewswire· 2025-06-02 08:11
Core Viewpoint - A class action lawsuit has been filed against Bakkt Holdings, Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about the stability of its crypto business and revenue diversity [1] Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Bakkt's securities between March 25, 2024, and March 17, 2025 [1] - The complaint claims that Bakkt misrepresented the stability of its crypto business and the diversity of its revenue streams [1] - It is alleged that Bakkt failed to disclose its significant reliance on a contract with Webull for its crypto revenues [1] Group 2: Investor Impact - Shareholders who suffered losses during the class period are encouraged to contact the DJS Law Group to participate in the lawsuit [2] - The DJS Law Group specializes in securities class actions and aims to enhance investor returns through advocacy [3]