Class Action Lawsuit
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Deadline Soon: Klarna Group plc (KLAR) Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2026-02-17 19:25
Core Viewpoint - Klarna Group plc is facing a securities fraud class action lawsuit due to significant losses incurred by investors following its IPO and subsequent financial disclosures that revealed a substantial increase in credit loss provisions [1] Group 1: Company Overview - Klarna Group plc conducted its IPO on September 10, 2025, selling 34.3 million shares at $40 per share [1] - Following the IPO, the company's stock price has significantly declined, closing at $31.63 per share on November 18, 2025, after a 9.3% drop due to negative financial results [1] Group 2: Financial Performance - In its third quarter 2025 financial results, Klarna reported a 39% increase in its provision for credit losses, attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [1] Group 3: Legal Proceedings - The class action lawsuit alleges that Klarna's management made materially false and misleading statements regarding the company's business and operations, particularly underestimating the risk of increased loss reserves shortly after the IPO [1] - Investors who acquired Klarna securities in connection with the IPO have until February 20, 2026, to seek appointment as lead plaintiffs in the lawsuit [1]
CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds F5 Investors of the Securities Class Action Lawsuit Deadline on February 17, 2026
Businesswire· 2026-02-17 14:36
Core Viewpoint - Faruqi & Faruqi, LLP is reminding investors of F5, Inc. about the deadline for a securities class action lawsuit, which is set for February 17, 2026, due to allegations of misleading statements related to a significant security breach affecting the company's capabilities [1] Group 1: Company Overview - F5, Inc. (NASDAQ: FFIV) is facing a federal securities class action lawsuit alleging violations of federal securities laws by making false or misleading statements regarding its security capabilities [1] - The lawsuit claims that F5 was experiencing a significant security breach that impacted its ability to secure client data, which was not disclosed to investors [1] Group 2: Financial Impact - On October 27, 2025, F5 reported fourth quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, largely attributed to the security breach [1] - Following the announcement, F5's stock price dropped from $290.41 per share on October 27, 2025, to $258.76 per share by October 29, 2025, marking a decline of 10.9% in just two days [1] Group 3: Legal Proceedings - The deadline for investors to seek the role of lead plaintiff in the class action lawsuit is February 17, 2026, and any member of the class can move the court to serve as lead plaintiff [1] - Faruqi & Faruqi encourages individuals with information regarding F5's conduct, including whistleblowers and former employees, to come forward [1]
MASI Stock Alert: Halper Sadeh LLC is Investigating Whether Masimo Corporation is Obtaining a Fair Price for Its Shareholders
Businesswire· 2026-02-17 14:30
Core Viewpoint - Halper Sadeh LLC is investigating whether Masimo Corporation is obtaining a fair price for its shareholders in the proposed sale to Danaher Corporation for $180.00 per share in cash [1]. Group 1: Investigation Details - The investigation focuses on whether Masimo and its board of directors violated federal securities laws and/or breached fiduciary duties by failing to obtain the best possible price for shareholders [1]. - Concerns include the fairness of the sales process and potential conflicts of interest that may limit superior competing offers [1]. - Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits for shareholders [1]. Group 2: Legal Representation - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions on behalf of defrauded investors [1]. - The firm operates on a contingent fee basis, meaning shareholders would not be responsible for out-of-pocket legal fees or expenses [1].
CVLT Investors Have Opportunity to Join Commvault Systems, Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2026-02-17 08:29
Core Viewpoint - The Schall Law Firm is investigating potential fraud claims against Commvault Systems, Inc. (NASDAQ: CVLT) related to possible violations of securities laws, focusing on misleading statements and undisclosed information [1] Financial Performance - Commvault reported a 40% growth in SaaS Annual Recurring Revenue (ARR) to $364 million for Q3 2026 [1] - The company noted that 60% of its deals closed in the last few weeks of the quarter, which was perceived negatively by the market [1] Market Reaction - Following the Q3 2026 financial results announcement, Commvault's shares fell approximately 31.1% on the same day, indicating a significant market reaction to the perceived deceleration in business growth [1]
SLM Deadline: Rosen Law Firm Urges SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2026-02-16 18:22
Core Viewpoint - Rosen Law Firm is urging stockholders of SLM Corporation, also known as Sallie Mae, to contact them regarding a class action lawsuit related to alleged misleading statements about the company's business operations during a specific period [1]. Group 1: Allegations and Lawsuit Details - The class action lawsuit involves investors who purchased SLM securities between July 25, 2025, and August 14, 2025 [1]. - Allegations include that SLM Corporation misled investors by failing to disclose a significant increase in early-stage delinquencies and overstating the effectiveness of its loss mitigation and loan modification programs [1]. - The lawsuit claims that these misleading statements created a materially false impression of SLM's business, operations, and prospects, leading to investor damages when the truth was revealed [1]. Group 2: Participation and Representation - Shareholders interested in serving as lead plaintiffs must file motions with the court by February 17, 2026 [1]. - Participation in the class action is not required to be eligible for recovery, and representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [1]. - Rosen Law Firm emphasizes its commitment to shareholder rights and has recovered over $1 billion for shareholders since its inception [1].
Great Lakes Dredge Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Great Lakes Dredge & Dock Corporation - GLDD
Businesswire· 2026-02-16 01:08
Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of Great Lakes Dredge & Dock Corporation to Saltchuk Resources, Inc., focusing on whether the offered price of $17.00 per share adequately reflects the company's value and the process leading to this valuation [1]. Group 1: Proposed Sale Details - The proposed transaction involves shareholders of Great Lakes receiving $17.00 in cash for each share they own [1]. - KSF is assessing the adequacy of this consideration and the process that led to the proposed sale [1]. Group 2: Legal Rights and Contact Information - Shareholders who believe the transaction undervalues the company can discuss their legal rights with KSF without obligation or cost [1]. - KSF Managing Partner Lewis S. Kahn can be contacted via email or toll-free phone for inquiries related to the investigation [1].
Deadline Alert: China Liberal Education Holdings Limited (CLEUF) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-13 17:45
Group 1 - The article discusses a class action lawsuit against China Liberal Education Holdings Limited (CLEUF) for securities fraud, with a deadline for filing a lead plaintiff motion set for March 31, 2026 [1] - The lawsuit arises from a significant drop in CLEU's stock price, which fell from $7.75 to $0.148 per share, representing a 98.1% loss, following the disclosure of 240 million previously undisclosed exchanged shares [1] - Allegations in the lawsuit include that the defendants made materially false statements and failed to disclose adverse facts about the company's operations, including involvement in a pump-and-dump scam [1] Group 2 - The article also mentions that CLEU was delisted by NASDAQ in June 2025, further impacting investor confidence [1] - Investors are encouraged to contact Glancy Prongay Wolke & Rotter LLP for more information on participating in the class action lawsuit [1]
Deadline Alert: Oracle Corporation (ORCL) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-13 17:08
KD) securities between August 7, 2024 and February 9, 2026, inclusive (the "Class Period†). Kyndryl investors have until April 13, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON...## Securities Fraud Investigation Into ICON Public Limited Company (ICLR) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law FirmLOS ANGELES--([BUSINESS WIRE])--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law fir ...
REMINDER: BellRing Brands, Inc. Investors With Significant Losses Must Act By March 23, 2026
Businesswire· 2026-02-12 23:00
Core Viewpoint - BellRing Brands, Inc. is facing a federal securities class action lawsuit due to allegations that the company misrepresented its sales growth and downplayed competitive pressures, leading to significant losses for investors [1]. Summary by Relevant Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased BellRing securities between November 19, 2026, and August 4, 2025, alleging that the company falsely attributed sales growth to increased consumer demand while the actual growth was due to inventory stockpiling by key customers [1]. - The company claimed that it was not experiencing significant competition and had a "competitive moat" in the ready-to-drink category, which was later contradicted by the reality of weakening demand due to competitive pressures [1]. Financial Impact - On May 6, 2025, BellRing disclosed that several key retailers had reduced their inventory levels, which was expected to negatively impact third-quarter growth, leading to a share price drop of approximately 19%, from $78.43 to $63.55 [1]. - Following the release of disappointing fiscal 3Q 2025 results on August 4, 2025, which included a narrowed sales outlook of $2.28-$2.32 billion, the share price fell by about 33%, from $53.64 to $36.18 [1].
Clear Channel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Clear Channel Outdoor Holdings, Inc. - CCO
Businesswire· 2026-02-12 16:21
Clear Channel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Clear Channel Outdoor Holdings, Inc. - CCOFeb 12, 2026 11:21 AM Eastern Standard Time# Clear Channel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Clear Channel Outdoor Holdings, Inc. - CCOShare---NEW YORK CITY & NEW ORLEANS--([BUSINESS WIRE])--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [Kahn Swick ...