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INVESTOR ALERT: Class Action Lawsuit Filed on Behalf Perrigo Company plc (PRGO) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2025-11-18 16:42
Core Points - A shareholder class action lawsuit has been filed against Perrigo Company plc, alleging that the company made materially false and misleading statements regarding its infant formula business acquired from Nestlé [1] - The lawsuit claims significant underinvestment in maintenance and operational improvements in the infant formula business, necessitating substantial capital and operational expenditures beyond stated cost estimates [1] - Allegations include significant manufacturing deficiencies in the infant formula facility, leading to overstated financial results, including earnings and cash flow [1] - The lawsuit asserts that positive statements made by the defendants about the company's business and prospects were materially misleading and lacked a reasonable basis [1] Legal Context - Shareholders who purchased Perrigo shares between February 27, 2023, and November 4, 2025, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request appointment as lead plaintiff in the case is January 16, 2026 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for shareholders affected by corporate misconduct [3]
Shareholder Alert: The Ademi Firm investigates whether Sealed Air Corporation is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-11-17 16:00
Accessibility StatementSkip Navigation MILWAUKEE, Nov. 17, 2025 /PRNewswire/ -- The Ademi Firm is investigating Sealed Air (NYSE: SEE) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with CD&R. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Sealed Air shareholders will receive $42.15 in cash p ...
Kuehn Law Encourages Investors of iRhythm Technologies, Inc. to Contact Law Firm
Newsfile· 2025-11-12 14:15
Core Insights - Kuehn Law is investigating potential breaches of fiduciary duties by officers and directors of iRhythm Technologies, Inc. [1] - A federal securities lawsuit alleges that insiders at iRhythm misrepresented the Zio AT monitor's intended use and market potential, leading to artificially inflated stock prices [2] Company Overview - iRhythm Technologies, Inc. is facing scrutiny regarding its Zio AT monitor, which was marketed as an innovative product for high-risk patients [2] - The company’s stock was reportedly traded at inflated prices due to misleading information provided by insiders [2] Legal Context - Shareholders who purchased iRhythm stock prior to November 11, 2022, are encouraged to contact Kuehn Law for potential legal action [3] - Kuehn Law offers to cover all case costs for investors, emphasizing the importance of shareholder participation in maintaining market integrity [4]
Shareholder Alert: The Ademi Firm continues to investigates whether Heidrick & Struggles International Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-24 18:23
Core Viewpoint - Heidrick is under investigation for potential breaches of fiduciary duty and other legal violations related to its transaction with Advent and Corvex, which involves a significant cash payout to shareholders [1][2]. Group 1: Transaction Details - Heidrick's shareholders are set to receive $59.00 per share in an all-cash transaction, which is valued at approximately $1.3 billion [2]. - The transaction agreement includes provisions that impose a significant penalty on Heidrick if it accepts a competing bid, potentially limiting other offers [3]. Group 2: Board Conduct - The investigation focuses on the conduct of Heidrick's board of directors to determine if they are fulfilling their fiduciary duties to all shareholders amidst the transaction [3].
Shareholder Alert: The Ademi Firm investigates whether PotlatchDeltic is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-14 16:00
Core Viewpoint - The Ademi Firm is investigating PotlatchDeltic for potential breaches of fiduciary duty and other legal violations related to its transaction with Rayonier [1]. Group 1: Transaction Details - Shareholders of PotlatchDeltic will receive 1.7339 common shares of Rayonier for each share of PotlatchDeltic stock, implying a price of $44.11 per PotlatchDeltic share [2]. - Upon closing, Rayonier shareholders will own approximately 54% and PotlatchDeltic shareholders will own approximately 46% of the combined company [2]. Group 2: Board Conduct and Limitations - The transaction agreement imposes significant penalties on PotlatchDeltic for accepting competing bids, which may limit competing transactions unreasonably [3]. - The investigation focuses on whether the PotlatchDeltic board of directors is fulfilling their fiduciary duties to all shareholders [3].
Shareholder Alert: The Ademi Firm investigates whether Electronic Arts Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-09-29 17:15
Group 1 - The Ademi Firm is investigating Electronic Arts (EA) for potential breaches of fiduciary duty and other legal violations related to its transaction with a consortium including PIF, Silver Lake, and Affinity Partners [1][2] - EA shareholders are set to receive $210 per share in an all-cash transaction, which values the deal at approximately $55 billion [2] - The transaction agreement imposes significant penalties on EA for accepting competing bids, raising concerns about the board's fulfillment of fiduciary duties to all shareholders [2]
Kuehn Law Encourages Investors of Fastly, Inc. to Contact Law Firm
Prnewswire· 2025-09-26 15:02
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Fastly, Inc. due to allegations of misrepresentation regarding the company's growth and market position [1][2]. Summary by Relevant Sections Allegations of Misrepresentation - Insiders at Fastly allegedly caused the company to misrepresent its growth, indicating a significant deceleration among its largest customers and a loss of market share gained from the 2023 CDN consolidation trend [2]. - The issues mentioned are likely to have a material negative impact on Fastly's revenue growth [2]. - Fastly is unlikely to meet its previously issued revenue guidance for FY 2024 due to these challenges [2]. - Consequently, the company's financial position and prospects were overstated, leading to materially false and misleading public statements [2]. Legal Action - Shareholders who purchased Fastly stock prior to February 15, 2024, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3].
DOW INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Dow Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-09-11 18:05
Core Viewpoint - The article discusses a class action lawsuit against Dow Inc. for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding the company's financial health and ability to manage macroeconomic challenges [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Sarti v. Dow Inc., and it involves purchasers of Dow securities from January 30, 2025, to July 23, 2025, with a deadline of October 28, 2025, for lead plaintiff applications [1]. - Allegations include that Dow overstated its ability to handle macroeconomic and tariff-related challenges, and understated the negative impacts on its business, particularly regarding competitive pressures and declining global sales [3]. Group 2: Financial Performance - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00 due to ongoing weakness in key markets [4]. - Dow reported a non-GAAP loss per share of $0.42 for Q2 2025, significantly worse than the expected loss of approximately $0.17 to $0.18, with net sales of $10.1 billion, a 7.3% year-over-year decline [5]. - Following the disappointing earnings report, Dow announced a dividend cut from $0.70 to $0.35 per share, citing the need for financial flexibility in a challenging macroeconomic environment, which led to a stock price drop of over 17% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Dow securities during the class period to seek lead plaintiff status, representing the interests of the class [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been recognized for securing significant monetary relief for investors, including the largest recovery in history of $7.2 billion in the Enron case [8].
CHTR INVESTOR NOTICE: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-06 15:00
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) on the company's performance [1][4]. Group 1: Lawsuit Details - The lawsuit, titled Sandoval v. Charter Communications, Inc., seeks to represent purchasers or acquirers of Charter Communications securities, including call options and put options [1]. - Allegations include that Charter Communications failed to disclose the material impact of the ACP's end, which led to a decline in Internet customers and revenue [4]. - The lawsuit claims that the company did not manage the consequences of the ACP ending effectively, resulting in greater risks to business plans and earnings growth than reported [4]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [5]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [5]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [5]. Group 3: Legal Process - Investors who suffered substantial losses can seek to serve as lead plaintiff in the class action lawsuit, with motions due by October 14, 2025 [2][6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [7].
Kuehn Law Encourages Investors of Dick's Sporting Goods, Inc. to Contact Law Firm
Prnewswire· 2025-08-15 14:34
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Dick's Sporting Goods, Inc. related to misrepresentation of the company's business conditions and prospects [1][2]. Group 1: Allegations of Misrepresentation - Insiders at Dick's Sporting Goods allegedly caused the company to misrepresent or fail to disclose that demand for products in the Outdoor segment was slowing faster than represented, leading to excess inventory [2]. - The "structural changes" promoted by the company, such as differentiated products and improved pricing technology, did not effectively manage excess inventory without negatively impacting profitability [2]. - The need to liquidate excess inventory, particularly in the Outdoor segment, is expected to have a materially negative effect on the company's profitability [2]. - As a result of these issues, statements regarding Dick's Sporting Goods' business condition and future prospects were materially false and misleading [2]. Group 2: Shareholder Action - Shareholders who purchased DKS stock prior to May 25, 2022, are encouraged to contact Kuehn Law, as there may be limited time to enforce their rights [2]. - Kuehn Law offers to cover all case costs and does not charge its investor clients [2].