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INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of REGENXBIO Inc. (RGNX) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2026-02-17 17:49
ATLANTA, Feb. 17, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against REGENXBIO Inc. (NASDAQ: RGNX). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts concerning the efficacy and safety of its RGX-111 trial study, causing Plaintiff and other shareholders to purchase REGENXBIO’s securities at artificially inflated prices. If you purchased REGENXBIO shares between February 9, 2022 and January 27, 2026, an ...
Denny’s shareholders file lawsuit over proposed acquisition
Yahoo Finance· 2026-01-06 17:23
Core Viewpoint - Denny's is facing shareholder lawsuits regarding its proposed buyout by TriArtisan Capital Advisors, alleging misleading information in the proxy statement related to the merger [1][2]. Group 1: Lawsuits and Allegations - Shareholder Mark Thomas filed a lawsuit on December 16, and James Walsh filed another on December 17, both in the Supreme Court of New York, claiming the proxy statement was "false and misleading" [2]. - The lawsuits allege that Denny's omitted or misrepresented financial projections, potential conflicts of interest, and details about the merger's background [3]. - Multiple stockholders have sent demand letters to Denny's, requesting additional disclosures before the shareholder meeting scheduled for January 13 [3]. Group 2: Company Response - Denny's believes the claims in the lawsuits and demand letters are without merit but will voluntarily supplement the proxy statement to provide additional information to shareholders [5]. - The company denies all allegations that additional disclosures were required in the proxy statement [6]. - The supplemental disclosures include a negotiation timeline starting from July 18 and updated financial projections through 2029 [6]. Group 3: Acquisition Details - The proposed acquisition by TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises is an all-cash deal valued at approximately $630 million [7]. - The board of Denny's conducted a review after receiving interest from TriArtisan and reached out to over 40 potential buyers during the acquisition process [7].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Molina Healthcare, Inc. (MOH) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2025-10-06 14:53
Core Points - A shareholder class action lawsuit has been filed against Molina Healthcare, Inc. alleging materially false and misleading statements regarding the company's business and operations [1] - The lawsuit claims that Molina's financial guidance for fiscal year 2025 is likely to be cut due to adverse facts concerning medical cost trend assumptions and a dislocation between premium rates and medical costs [1] - The lawsuit highlights that Molina's near-term growth is dependent on a lack of utilization of behavioral health, pharmacy, and inpatient and outpatient services [1] Legal Information - Shareholders who purchased Molina shares between February 5, 2025, and July 23, 2025, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed lead plaintiff in the case is December 2, 2025 [3] - Holzer & Holzer, LLC is a law firm specializing in securities litigation and has a history of recovering funds for shareholders affected by corporate misconduct [3]
Coupang wins dismissal of US shareholder lawsuit over IPO
Reuters· 2025-09-10 18:23
Core Viewpoint - A U.S. judge dismissed a lawsuit against Coupang, an e-commerce company often compared to Amazon in South Korea, which accused the company of defrauding shareholders during and after its 2021 initial public offering [1] Group 1 - The lawsuit claimed that Coupang misled investors regarding its financial performance and business practices [1] - The dismissal of the lawsuit may positively impact Coupang's stock performance and investor confidence [1] - The ruling reflects the challenges faced by shareholders in proving fraud in the context of initial public offerings [1]
Billionaire investor sues Paramount's Shari Redstone over $8B Skydance deal
New York Post· 2025-08-14 22:40
Core Viewpoint - A class-action lawsuit has been filed by Mario Gabelli's investment fund on behalf of Paramount Global shareholders, alleging that controlling shareholder Shari Redstone benefited unfairly from the $8.4 billion merger with Skydance Media [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Redstone's investment vehicle, National Amusements (now Harbor Lights Entertainment), received $60 for each Class A Paramount share, while public shareholders only received $23 [2][4]. - Defendants in the lawsuit include National Amusements, Paramount Global board members, Shari Redstone, and Skydance [2][4]. - The lawsuit was filed under seal in Delaware's Court of Chancery [4]. Group 2: GAMCO's Position - GAMCO stated it had an obligation to pursue the lawsuit for its clients and expressed concerns about the lack of transparency regarding the compensation received by National Amusements for its shares [5]. - GAMCO was forced to redeem its shares for cash due to the situation [5]. - GAMCO is noted as the second-largest shareholder of Paramount, holding 11.7% of the company's Class A stock [7]. Group 3: Merger Context - The merger with Skydance closed on August 7, creating a new entity called Paramount Skydance, which combines Paramount's distribution network and media library with Skydance's production capabilities [6]. - Paramount allegedly did not address GAMCO's concerns or put the deal to a vote among minority investors, which is typically expected [7].