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NASDAQ: FLY: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against Firefly Aerospace Inc. (FLY)
Businesswire· 2025-11-14 16:24
Core Viewpoint - A securities class action lawsuit has been filed against Firefly Aerospace Inc. by Kessler Topaz Meltzer & Check, LLP, alleging that the company made false and misleading statements regarding its business operations and growth prospects [1][2]. Summary by Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased Firefly's common stock during the IPO on August 7, 2025, and those who acquired securities between August 7, 2025, and September 29, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for January 12, 2026 [1]. Allegations Against Defendants - The complaint claims that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is alleged that the Alpha rocket program did not meet its claimed operational readiness and commercial viability [2]. - As a result of these issues, the statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the deadline of January 12, 2026, or may choose to remain absent [3]. - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].
RMBI Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Richmond Mutual Bancorporation, Inc. is Fair to Shareholders
Businesswire· 2025-11-13 13:34
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp for Richmond shareholders, who will own approximately 62% of the combined entity upon completion of the transaction [1]. Group 1: Investigation Details - The investigation focuses on whether Richmond and its board violated federal securities laws or breached fiduciary duties by not obtaining the best possible consideration for shareholders and failing to disclose all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [4]. Group 2: Legal Rights and Contact Information - Richmond shareholders are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options regarding the merger [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].
CWH Investigation: Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2025-11-11 23:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating potential violations of federal securities laws by Camping World Holdings, Inc. and its senior management, following the company's disclosure of prior misstatements in its financial reporting [1][2]. Financial Results and Impact - On October 28, 2025, Camping World announced its third-quarter 2025 financial results, revealing that management identified misstatements related to the deferred tax asset, leading to a revision of its 2024 annual report with an increase of $43.8 million in reported deferred tax assets [2]. - Following this announcement, Camping World shares fell by $4.17, approximately 24.79%, from $16.82 to $12.65 per share [2]. Legal Actions - Investors who purchased or acquired Camping World securities are encouraged to contact Kirby McInerney LLP for more information regarding their rights and the ongoing investigation [3]. - Kirby McInerney LLP specializes in securities litigation and has a history of recovering billions of dollars for shareholders [4].
Deadline Soon: Fluor Corporation (FLR) Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2025-11-11 17:00
Core Viewpoint - Fluor Corporation is facing a securities fraud class action lawsuit due to significant financial losses reported in Q2 2025, which were attributed to rising costs and reduced capital spending by clients [2][3]. Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results that missed consensus estimates, leading to a stock price drop of $15.35, or 27%, closing at $41.42 per share [2]. - The company lowered its full-year 2025 outlook, citing client hesitation due to economic uncertainty, which impacted new awards and project delays [2]. Lawsuit Details - The class action lawsuit alleges that Fluor made materially false and misleading statements regarding its business operations and financial outlook during the class period from February 18, 2025, to July 31, 2025 [3]. - Specific allegations include undisclosed rising costs in major projects due to subcontractor errors and economic factors affecting client spending [3]. Investor Information - Investors who acquired Fluor securities during the class period are urged to participate in the lawsuit, with a deadline set for November 14, 2025, to seek lead plaintiff status [4].
Deadline Alert: James Hardie Industries plc (JHX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-11-07 22:01
Core Points - James Hardie Industries plc is facing a class action lawsuit due to a significant decline in sales, specifically a 12% drop in North America Fiber Cement sales attributed to customer destocking [2][4] - The company's stock price plummeted by $9.79, or 34.4%, closing at $18.64 per share following the announcement of the sales decline [3] - The lawsuit alleges that the company made materially false and misleading statements regarding its business operations and failed to disclose adverse facts about its sales performance [4] Company Summary - James Hardie Industries plc's common stock was previously American Depositary Shares until its conversion on July 1, 2025 [1] - The class period for the lawsuit is defined as May 20, 2025, to August 18, 2025 [1][5] - Investors who purchased shares during this period are encouraged to file a lead plaintiff motion by December 23, 2025 [5]
GIFI Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Gulf Island Fabrication, Inc. is Fair to Shareholders
Businesswire· 2025-11-07 18:55
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Gulf Island Fabrication, Inc. (NASDAQ: GIFI) to IES Holdings, Inc. for $12.00 per share in cash, raising concerns about the potential underpayment to shareholders and the adequacy of disclosures regarding the transaction [1][3]. Group 1: Investigation Details - The investigation focuses on whether Gulf Island and its board violated federal securities laws or breached fiduciary duties by not securing the best possible consideration for shareholders [3]. - Key concerns include whether IES is underpaying for Gulf Island and if all material information necessary for shareholders to assess the merger consideration has been disclosed [3]. Group 2: Legal Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [4]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].
October hiring rate down 24% from pre-pandemic levels, according to LinkedIn jobs report
CNBC Television· 2025-11-06 22:18
Labor Market Overview - LinkedIn's jobs report indicates a 6% year-over-year decrease in hiring for October [1] - The hiring rate on LinkedIn is down more than 24% compared to pre-pandemic levels [1][3] - The job market shows stability with hiring and quits remaining consistent with September figures [2][3] - The number of available jobs relative to job seekers on LinkedIn has remained relatively stable [3] Impact on Graduates - College graduates with bachelor's degrees in entry-level roles are performing in line with the overall labor market [5] - Individuals with advanced degrees (MBAs, JDs) are experiencing worse job market outcomes [5] Industry Specific Slowdowns - Industries such as technology, media, legal, accounting, consulting, and financial services have experienced the most significant slowdowns due to rising interest rates [6] - These industries have been disproportionately affected by the labor market slowdown [6]
BHF Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Brighthouse Financial, Inc. is Fair to Shareholders
Businesswire· 2025-11-06 19:04
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Brighthouse Financial, Inc. to Aquarian Capital LLC for $70.00 per share, focusing on whether the transaction is equitable for shareholders [1][3]. Investigation Details - The investigation aims to determine if Brighthouse and its board violated federal securities laws or breached fiduciary duties by not securing the best possible consideration for shareholders, assessing if Aquarian is underpaying, and failing to disclose all material information necessary for shareholders to evaluate the merger [3][4]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [4]. Legal Rights and Contact Information - Brighthouse shareholders are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options regarding the sale [2][4]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees [4].
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages Avantor, Inc. (AVTR) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-06 17:51
Core Viewpoint - A securities fraud class action lawsuit has been filed against Avantor, Inc. for allegedly misleading investors regarding the company's competitive position and financial performance during the specified class period from March 5, 2024, to October 28, 2025 [1][7]. Financial Performance - On April 25, 2025, Avantor reported first quarter results that missed consensus estimates and reduced guidance for the remainder of 2025, citing increased competitive intensity [2]. - Following this announcement, Avantor's stock price dropped by $2.57, or 16.6%, closing at $12.93 per share [3]. - On August 1, 2025, the company again missed estimates in its second quarter results, revealing a year-over-year decrease in net sales and further reducing its 2025 guidance [3]. - This led to a further decline in stock price by $2.08, or 15.5%, closing at $11.36 per share [4]. - On October 29, 2025, Avantor disclosed disappointing third quarter results, including a -5% organic revenue growth and a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million [5]. - The stock price fell by $3.50, or 23.2%, closing at $11.58 per share following this announcement [6]. Allegations in the Lawsuit - The lawsuit alleges that throughout the class period, Avantor's management made materially false and misleading statements and failed to disclose adverse facts about the company's business and competitive position [7][8]. - Specifically, it is claimed that the company did not adequately represent its competitive positioning and the negative impacts of increased competition on its operations [7].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Avantor
Businesswire· 2025-11-06 16:40
Core Insights - Faruqi & Faruqi, LLP is investigating potential securities law violations at Avantor, Inc. following disappointing financial results [2][3] - Avantor reported a net loss of $712 million for Q3 2025, primarily due to a non-cash goodwill impairment charge of $785 million, alongside a -5% organic revenue growth [3][4] - The company's stock price dropped over 23%, falling from $15.08 to $11.58 per share after the announcement of the financial results [4] Company Performance - Avantor's Q3 2025 results included a net loss of $712 million, attributed mainly to a goodwill impairment charge [3] - The company experienced a -5% organic revenue growth, which was below the guidance provided earlier in August [3] Market Reaction - Following the announcement of the financial results, Avantor's stock price fell by $3.50 per share, representing a decline of more than 23% [4]