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INVESTOR ALERT: Investigation of Kyndryl Holdings, Inc. (KD) by Holzer & Holzer, LLC
Globenewswire· 2026-02-09 18:17
Core Insights - Kyndryl Holdings, Inc. is under investigation for potential violations of federal securities laws following the sudden departure of its CFO and General Counsel [1] - The company announced it could not file its quarterly report on Form-10-Q on time and is reviewing its cash management practices and internal controls after receiving document requests from the SEC [1] - Following these disclosures, Kyndryl's stock price experienced a decline [1] Company Developments - The immediate departures of key executives, including the CFO and General Counsel, raise concerns about the company's governance and operational stability [1] - Kyndryl's inability to file its quarterly report on time indicates potential issues with financial reporting and compliance [1] - The ongoing review of cash management practices and internal controls suggests that the company is taking steps to address potential weaknesses in its financial practices [1]
Hub Group, Inc. (NASDAQ: HUBG) Shareholders Are Encouraged to Contact Johnson Fistel Regarding Investigation
Globenewswire· 2026-02-06 18:17
Core Viewpoint - Johnson Fistel, PLLP is investigating Hub Group, Inc. for potential compliance issues with federal securities laws following the disclosure of an accounting error that led to investor losses [1][3][6] Group 1: Investigation Background - On February 5, 2026, Hub Group filed a Current Report on Form 8-K revealing an accounting error that resulted in the understatement of purchased transportation costs and accounts payable for the first three quarters of 2025 [3] - The Audit Committee determined that the previously issued unaudited consolidated financial statements for March 31, June 30, and September 30 of 2025 were materially misstated and should no longer be relied upon [4] - Hub Group plans to restate the affected financial statements and indicated that its disclosure controls and internal control over financial reporting were ineffective for the year ended December 31, 2025 [5] Group 2: Market Reaction - Following the disclosures regarding the accounting error and restatement, Hub Group's stock price declined during trading on February 5, 2026 [6]
PayPal Holdings, Inc. (PYPL) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
TMX Newsfile· 2026-02-03 17:28
Core Viewpoint - Johnson Fistel, PLLP is investigating PayPal Holdings, Inc. for potential compliance issues with federal securities laws following significant investor losses due to missed earnings and revenue expectations, as well as a leadership transition that raised concerns about operational performance [1][3][4]. Group 1: Financial Performance - On February 3, 2026, PayPal reported its fourth-quarter financial results, missing analyst expectations for both earnings and revenue [3]. - The company issued financial guidance that fell below market expectations, contributing to investor losses [3]. Group 2: Leadership Changes - PayPal announced a leadership transition, appointing Enrique Lores as the new Chief Executive Officer [4]. - The company indicated that the pace of change and execution under previous leadership did not meet the Board's expectations, raising questions about corporate oversight and operational performance [4]. Group 3: Legal Investigation - Johnson Fistel is investigating whether PayPal complied with federal securities laws in light of the recent disclosures and subsequent stock price decline [1][5]. - Investors who suffered losses from their investment in PayPal stock are encouraged to join the investigation [2].
INVESTOR ALERT: Investigation of Richtech Robotics Inc. (RR) by Holzer & Holzer, LLC
Globenewswire· 2026-01-30 16:23
Core Insights - Holzer & Holzer, LLC is investigating Richtech Robotics Inc. for potential compliance issues with federal securities laws following a report from Hunterbrook Media that questioned the existence of a material partnership between Richtech and Microsoft's AI Co-Innovation Labs [1] - The stock price of Richtech Robotics experienced a decline after the allegations were made public [1] Company Overview - Richtech Robotics Inc. is publicly traded on NASDAQ under the ticker RR [1] - The company is currently facing scrutiny regarding its partnerships and compliance with securities regulations [1] Legal Context - Holzer & Holzer, LLC is a law firm specializing in securities litigation, representing shareholders and investors in various legal actions [3] - The firm has a history of recovering significant amounts for shareholders affected by corporate misconduct [3]
INVESTOR ALERT: Investigation of Travere Therapeutics, Inc. (TVTX) by Holzer & Holzer, LLC
Globenewswire· 2026-01-14 21:04
Core Insights - Holzer & Holzer, LLC is investigating whether Travere Therapeutics, Inc. complied with federal securities laws following the FDA's extension of the review timeline for its supplemental New Drug Application for FILSPARI® in focal segmental glomerulosclerosis, which led to a drop in the company's stock price [1] Company Summary - Travere Therapeutics, Inc. disclosed on January 13, 2026, that the FDA has extended the review timeline for its supplemental New Drug Application for FILSPARI® [1] - The announcement resulted in a decline in the company's stock price [1] Legal Context - Holzer & Holzer, LLC is a law firm that specializes in representing shareholders and investors in litigation, including shareholder class action and derivative litigation [3] - The firm has a history of recovering hundreds of millions of dollars for shareholders affected by corporate misconduct since its founding in 2000 [3]
INVESTOR ALERT: Investigation of Aquestive Therapeutics, Inc. (AQST) by Holzer & Holzer, LLC
Globenewswire· 2026-01-09 19:11
Core Insights - Holzer & Holzer, LLC is investigating whether Aquestive Therapeutics, Inc. complied with federal securities laws following the FDA's notice regarding deficiencies in the New Drug Application for Anaphylm™ [1] - The FDA's notice indicates that the identified deficiencies preclude discussion of labeling and post-marketing commitments for Anaphylm™, which is intended for treating severe allergic reactions [1] - Following the FDA's announcement, the stock price of Aquestive Therapeutics experienced a decline [1] Company Information - Aquestive Therapeutics, Inc. is focused on developing treatments for severe allergic reactions, including anaphylaxis, through its product candidate Anaphylm™ [1] - Holzer & Holzer, LLC is a law firm that specializes in representing shareholders and investors in securities litigation, including class action and derivative litigation [3] - The firm has a history of recovering hundreds of millions of dollars for shareholders affected by corporate misconduct since its founding in 2000 [3]
INVESTOR ALERT: Investigation of Ardent Health, Inc. (ARDT) by Holzer & Holzer, LLC
Globenewswire· 2025-12-03 17:15
Core Insights - Holzer & Holzer, LLC is investigating Ardent Health, Inc. for potential compliance issues with federal securities laws following a significant revenue decrease reported in Q3 2025 [1] - Ardent announced a revenue decrease of $43 million due to changes in accounting estimates related to accounts receivable collectability [1] Company Performance - In Q3 2025, Ardent Health reported a revenue decrease attributed to modifications in accounting techniques and new evaluations of historical collection trends [1] - The announcement of the revenue decrease led to a decline in the company's stock price [1]
INVESTOR ALERT: Investigation of Stride, Inc. (LRN) Announced by Holzer & Holzer, LLC
Globenewswire· 2025-10-29 17:00
Core Insights - Holzer & Holzer, LLC is investigating Stride, Inc. for potential violations of federal securities laws following a formal SEC complaint alleging fraud and deceptive practices [1] - The SEC complaint includes accusations of inflating student enrollment figures and prioritizing profit over compliance and student welfare [1] - Following the news of the SEC complaint, Stride's stock price experienced a decline [1] Company Overview - Stride, Inc. is publicly traded on the NYSE under the ticker symbol LRN [1] - The company is currently facing legal scrutiny due to allegations of systemic legal violations [1] Legal Context - The SEC complaint was filed by Gallup-McKinley, highlighting serious concerns regarding Stride's business practices [1] - Holzer & Holzer, LLC is a law firm specializing in securities litigation and has a history of representing shareholders in cases of corporate misconduct [3]
INVESTOR ALERT: Investigation of RCI Hospitality Holdings, Inc. (RICK) Announced by Holzer & Holzer, LLC
Globenewswire· 2025-09-16 21:28
Core Insights - Holzer & Holzer, LLC is investigating RCI Hospitality Holdings, Inc. for potential violations of federal securities laws following the indictment of top executives for allegedly bribing an auditor to evade over $8 million in sales taxes from 2010 to 2024 [1] - The announcement of the indictment has led to a decline in RCI's stock price [1] Company Overview - RCI Hospitality Holdings, Inc. trades on NASDAQ under the ticker RICK [1] - The company is currently facing legal scrutiny due to allegations of corporate misconduct involving bribery [1] Legal Context - The New York Office of the Attorney General has initiated an investigation into RCI's executives, highlighting serious allegations of bribery related to tax evasion [1] - Holzer & Holzer, LLC is a law firm known for representing shareholders and investors in securities litigation, indicating a potential class action or derivative litigation against RCI [3]
INVESTOR ALERT: Investigation of AVITA Medical, Inc. (RCEL) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2025-08-22 16:04
Core Insights - Holzer & Holzer, LLC is investigating AVITA Medical, Inc. for potential compliance issues with federal securities laws following a significant drop in stock price after the company reported second quarter results and revised its 2025 guidance [1] - AVITA experienced a "significant headwind" due to a temporary gap in Medicare Administrative Contractor payments for its RECELL® System, which negatively impacted demand [1] Financial Performance - AVITA reported its second quarter 2025 results on August 7, 2025, indicating challenges in its operations [1] - The company revised its 2025 guidance, reflecting the impact of the payment gap on its financial outlook [1] Market Reaction - Following the announcement of the second quarter results and the revised guidance, AVITA's stock price experienced a decline [1]