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Kuehn Law Encourages Investors of Open Lending Corporation to Contact Law Firm
GlobeNewswire News Room· 2025-07-09 13:25
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Open Lending Corporation, following allegations of misrepresentation and failure to disclose critical financial information [1][2]. Group 1: Allegations of Misrepresentation - Insiders at Open Lending allegedly caused the company to misrepresent or fail to disclose key aspects of its financial health, including risk-based pricing models and profit share revenue [2]. - The company reportedly failed to disclose that its 2021 and 2022 vintage loans had significantly decreased in value compared to their outstanding loan balances [2]. - There are claims regarding the underperformance of the company's 2023 and 2024 vintage loans, which contributed to misleading positive statements about the company's business and prospects [2]. Group 2: Legal Action and Shareholder Rights - Kuehn Law is reaching out to shareholders who purchased LPRO shares prior to February 24, 2022, to inform them of their potential rights and the limited time available to enforce those rights [3]. - The firm emphasizes the importance of shareholder participation in maintaining the integrity of financial markets [4].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Hims & Hers Health, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HIMS
GlobeNewswire News Room· 2025-07-07 23:23
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Hims & Hers Health, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the lawsuit is from April 29, 2025, to June 23, 2025, and the lead plaintiff deadline is August 25, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3] - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its effectiveness in representing clients [3] Group 3: Case Allegations - The lawsuit alleges that Hims made false and misleading statements regarding its partnership with Novo Nordisk A/S, particularly about the availability of the weight-loss drug Wegovy [4] - Specific claims include that Hims misrepresented the nature of its collaboration with Novo and the offerings of compounded semaglutide products [4] - The lawsuit asserts that when the true details were revealed, investors suffered damages due to the misleading information [4]
Johnson Fistel Begins Investigation on Behalf of KinderCare Learning Companies, Inc. (KLC) Shareholders
GlobeNewswire News Room· 2025-07-07 13:07
Core Viewpoint - Johnson Fistel, PLLP is investigating KinderCare Learning Companies, Inc. (NYSE: KLC) for potential violations of securities laws related to misrepresentation or failure to disclose material information to investors [1] Group 1: Investigation Details - The investigation focuses on whether KLC or its executives misrepresented or failed to timely disclose important information to investors [1] - Investors who purchased KLC securities and suffered losses are encouraged to join the investigation [2] Group 2: Whistleblower Information - Individuals with nonpublic information about KLC are advised to consider assisting the investigation or utilizing the SEC Whistleblower program, which may offer rewards up to 30% of successful recoveries [3] Group 3: About Johnson Fistel, PLLP - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights, with offices across multiple states [4] - The firm has been ranked in the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services in 2024, recovering approximately $90.725 million for clients [5]
BITF DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Bitfarms Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 8 Deadline in Securities Class Action – BITF
GlobeNewswire News Room· 2025-07-06 11:20
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline on July 8, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Bitfarms securities between March 21, 2023, and December 9, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must act by the July 8, 2025, deadline to serve as lead plaintiff [2]. - The lawsuit alleges that Bitfarms made false and misleading statements regarding its financial reporting and internal controls, which led to inaccurate financial statements that may need to be restated [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [3].
Bitfarms Ltd. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before July 8, 2025 to Discuss Your Rights – BITF
GlobeNewswire News Room· 2025-07-03 20:28
Core Viewpoint - A class action securities lawsuit has been filed against Bitfarms Ltd. alleging securities fraud affecting investors between March 21, 2023, and December 9, 2024 [1][2]. Group 1: Allegations and Financial Misstatements - The lawsuit claims that Bitfarms had inadequate internal controls over financial reporting [2]. - It is alleged that the company misclassified proceeds from the sale of digital assets, categorizing them as cash flow from operating activities instead of investing activities [2]. - The complaint also states that Bitfarms overstated its ability to remediate material weaknesses in its internal controls related to the classification of the 2021 Warrants [2]. - These errors purportedly led to misstatements in several previously issued financial statements, which may require restatement [2]. - Consequently, the public statements made by the company were deemed materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until July 8, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and has been recognized as a top securities litigation firm in the United States for seven consecutive years [4].
X @Forbes
Forbes· 2025-07-03 10:00
Who are the best lawyers in Illinois? #ForbesTopLawyers https://t.co/lJ5f4ZQdF4 https://t.co/0Ud3J9yeuq https://t.co/iKRAgokApU ...
INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Hayward Holdings Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-07-02 20:17
NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against: Hayward Holdings, Inc. (“Hayward”) (NYSE: HAYW)  Shareholders should email Fletcher@fmoorelaw.com; please contact only if shares acquired before October 27, 2021 The investigation concerns several alleged false and/or misleading statements or omissions that led to a decline in stock value. Some of these statements or omissions include that: Haywar ...
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Open Lending Corporation and Civitas Resources and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-01 01:00
Core Insights - Class actions have been initiated for stockholders of Open Lending Corporation and Civitas Resources, with deadlines for lead plaintiff petitions approaching [1] Open Lending Corporation (NASDAQ:LPRO) - The class period for Open Lending is from February 24, 2022, to March 31, 2025, with a lead plaintiff deadline of June 30, 2025 [2] - Allegations include materially false and misleading statements regarding the company's risk-based pricing models, profit share revenue, and the value of vintage loans from 2021 and 2022 [2] - The complaint asserts that the company's positive statements about its business and prospects were misleading and lacked a reasonable basis [2] Civitas Resources, Inc. (NYSE:CIVI) - The class period for Civitas Resources is from February 27, 2024, to February 24, 2025, with a lead plaintiff deadline of July 1, 2025 [3] - Allegations include misleading statements about the likelihood of significant oil production reductions in 2025 and the need for additional acreage and development locations, which could incur significant debt [3] - The lawsuit claims that Civitas Resources' financial condition would necessitate disruptive cost reduction measures, including workforce reductions, and that its business and financial prospects were overstated [3] - On February 24, 2025, Civitas reported Q4 2024 revenue of $1.29 billion, missing estimates by $3.44 million, and non-GAAP EPS of $1.78, missing by $0.21 [4] - The company projected a year-over-year decline in oil production of approximately 4%, alongside a $300 million transaction to expand its Permian Basin position and a $300 million divestment target [4] - Following the announcement, Civitas Resources' stock price fell by more than 18% [4]
Shareholders that lost money on Fortrea Holdings Inc.(FTRE) should contact The Gross Law Firm about pending Class Action - FTRE
Prnewswire· 2025-06-30 13:00
NEW YORK, June 30, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fortrea Holdings Inc. (NASDAQ: FTRE).Shareholders who purchased shares of FTRE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/fortrea-holdings-inc-loss-submission-form/?id=154639&from=4 CLASS PERIOD: July 3, 2 ...
X @Bloomberg
Bloomberg· 2025-06-30 09:02
The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall Street wants in on the action, too https://t.co/qI3qc6n6ck ...