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CS DISCO ALERT: Bragar Eagel & Squire, P.C. is Investigating CS Disco, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-15 00:46
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against CS Disco, Inc. due to allegations of fiduciary duty breaches by the board of directors during a specified class period [1][2]. Group 1: Allegations and Financial Impact - The class action complaint alleges that CS Disco misrepresented its revenue growth and failed to disclose significant headwinds affecting its business during the class period from July 21, 2021, to August 11, 2022 [2]. - On August 11, 2022, CS Disco reported financial results that revealed a drastic tapering of revenue growth, leading to a 53% drop in common shares on August 12, 2022, due to heavy trading volume [2]. Group 2: Legal Rights and Contact Information - Long-term stockholders of CS Disco are encouraged to contact Bragar Eagel & Squire for discussions regarding their legal rights and potential claims related to the allegations [1][3]. - The law firm offers no-cost consultations for affected investors to explore their options [3].
SOUNDHOUND ALERT: Bragar Eagel & Squire, P.C. is Investigating SoundHound AI, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-06-10 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against SoundHound AI, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1] Summary by Relevant Sections Class Action Complaint - The complaint alleges that during the class period, SoundHound failed to disclose material weaknesses in its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2] - It is claimed that SoundHound overstated its remediation efforts regarding these internal control weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2] - The complaint also indicates that SoundHound would require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2] SEC Filing and Stock Impact - On March 4, 2025, SoundHound announced it would be unable to timely file its Annual Report for 2024, citing complexities in accounting for the SYNQ3 and Amelia Acquisitions and identified material weaknesses in internal controls [3] - Following this announcement, SoundHound's stock price fell by $0.61 per share, or 5.86%, closing at $9.72 per share [3]
EDISON ALERT: Bragar Eagel & Squire, P.C. is Investigating Edison International on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-17 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Edison International due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1] Group 1: Allegations and Claims - The class action complaint alleges that Edison made false and misleading statements regarding its Public Safety Power Shutoffs program, claiming it was used to mitigate wildfire risks, which was found to be false [2] - The complaint states that the misleading claims resulted in increased fire risk in California and heightened legal exposure for Edison [2] - As a result of these misleading statements, the lawsuit claims that investors suffered damages when the true information became public [2] Group 2: Legal Representation - Bragar Eagel & Squire, P.C. is representing long-term stockholders of Edison and is seeking information related to the claims [3] - The firm emphasizes that there is no cost or obligation for stockholders to inquire about their rights or interests regarding these matters [3] Group 3: Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with expertise in representing individual and institutional investors in complex litigation [4] - The firm operates in both New York and California, handling cases in state and federal courts across the country [4]
FLUENCE ALERT: Bragar Eagel & Squire, P.C. is Investigating Fluence Energy, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-14 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fluence Energy, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1] Group 1: Lawsuit Details - The lawsuit claims that during the class period, Fluence made false or misleading statements and failed to disclose critical information regarding its relationships with major revenue sources, Siemens AG and The AES Corporation [2] - Specific allegations include accusations from Siemens Energy regarding engineering failures and fraud, as well as inflated margins and revenue growth due to impending divestitures by Siemens and AES [2] - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and financial prospects, leading to investor damages when the truth emerged [2] Group 2: Contact Information - Long-term stockholders of Fluence are encouraged to reach out for more information regarding the claims or their rights, with contact details provided for Brandon Walker and Marion Passmore [3]