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HTGC CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Hercules Capital, Inc. Investors
Businesswire· 2026-03-20 22:35
Core Viewpoint - A class action lawsuit has been filed against Hercules Capital, Inc. for securities fraud, alleging that the company made materially false statements and failed to disclose adverse facts about its business operations and financial health during the class period from May 1, 2025, to February 27, 2026 [1][5]. Summary by Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Northern District of California, under the case name Taylor v. Hercules Capital, Inc., and claims are made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1]. - Investors have 60 days from the notice date to move the court to serve as lead plaintiff in this action [2][6]. Allegations Against Hercules Capital - A report published on February 27, 2026, by Hunterbrook Media claims that Hercules Capital's deal sourcing process was inadequate, relying on external sources like Google Ventures instead of conducting its own due diligence [2]. - The report also highlighted concerns regarding the company's valuation process, indicating that a small team with limited checks was responsible for valuations, which may have led to misrepresentations of the company's financial health [3]. - Allegations include that Hercules Capital misclassified its portfolio investments and overstated its portfolio valuations, particularly regarding software debt, which is marked at full value despite significant industry distress [3][5]. Market Reaction - Following the publication of the report, Hercules Capital's stock price dropped by $1.22, or 7.9%, closing at $14.21 per share on February 27, 2026, with unusually high trading volume [3].
PSIX CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Power Solutions International, Inc. Investors
Businesswire· 2026-03-20 20:27
PSIX CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Power Solutions International, Inc. Investors LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay Wolke & Rotter LLP("GPWR†), announces that it has filed a class action lawsuit in the United States District Court for the Northern district of Illinois, captioned Dishion v. Power Solutions International, Inc. , et al., Case No. 1:26-cv-03149, on behalf of persons and entities that purchased or otherwise acquire ...
EPAM Investors Have Opportunity to Join EPAM Systems, Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2026-03-20 20:17
Core Viewpoint - EPAM Systems, Inc. is under investigation by the Schall Law Firm for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [2]. Group 1: Investigation Details - The investigation centers on whether EPAM issued false or misleading statements and failed to disclose critical information to investors [2]. - Following the announcement of a revenue decrease from its largest customer, shares of EPAM experienced a significant decline on February 23, 2026 [2]. Group 2: Investor Participation - Shareholders who have suffered losses are encouraged to participate in the investigation and can contact the Schall Law Firm for more information [3]. - The Schall Law Firm specializes in securities class action lawsuits and represents investors globally [3].
Investor Notice: Robbins LLP Informs Investors of the Concorde International Group, Ltd. Class Action Lawsuit
Businesswire· 2026-03-20 17:27
Core Viewpoint - Robbins LLP has announced a class action lawsuit on behalf of investors who purchased Concorde International Group, Ltd. (NASDAQ: CIGL) securities between April 21, 2025, and July 14, 2025, alleging that the company was involved in a fraudulent "pump-and-dump" scheme [1][2]. Allegations - The lawsuit claims that during the class period, Concorde failed to disclose critical information, including the existence of a fraudulent stock promotion scheme that involved misinformation on social media and impersonation of financial professionals [2]. - It is alleged that insiders used offshore accounts to facilitate the coordinated dumping of shares during a price inflation campaign, and that public statements from Concorde omitted any mention of false rumors and artificial trading activity that inflated the stock price [2]. - The complaint highlights that Concorde's share price surged from an initial public offering price of $4.00 to a peak of $31.06 without any fundamental news justifying such an increase, followed by an abrupt crash of approximately 80% to $5.66 on July 10, 2025 [3]. Current Situation - Following the crash, Concorde's share price has continued to decline, currently sitting at approximately $2.00 [3]. - Shareholders interested in participating in the class action or serving as lead plaintiff are encouraged to contact Robbins LLP for more information [4].
Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages Gartner, Inc. (IT) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-03-20 17:18
Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages Gartner, Inc. (IT) Shareholders To Inquire About Securities Fraud Class Action Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages Gartner, Inc. (IT) Shareholders To Inquire About Securities Fraud Class Action Share LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed ...
IT Investors Have Opportunity to Lead Gartner, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2026-03-19 23:53
Core Viewpoint - The Schall Law Firm is reminding investors of a class action lawsuit against Gartner, Inc. for alleged securities fraud, specifically violations of the Securities Exchange Act of 1934 [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to investors who purchased Gartner's securities between February 4, 2025, and February 2, 2026 [2]. - The lawsuit claims that Gartner made false and misleading statements regarding its ability to minimize seasonality risks and the growth potential of its contract value [5]. - The complaint alleges that Gartner falsely stated that business with "tariff impacted companies" was improving, while in reality, the company's contract value growth continued to decline [5]. Group 2: Investor Participation - Investors who suffered losses during the class period are encouraged to contact the Schall Law Firm before May 18, 2026, to discuss their rights [2][3]. - The class has not yet been certified, meaning that until certification occurs, investors are not represented by an attorney [4].
NYSE: GDDY Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages GoDaddy Inc. (NYSE: GDDY) Investors to Contact the Firm
Businesswire· 2026-03-18 22:21
Core Insights - GoDaddy Inc. (NYSE: GDDY) is under investigation by Kessler Topaz Meltzer & Check, LLP for potential violations of federal securities laws, particularly concerning investors who suffered significant financial losses [1][3] - The company reported disappointing financial results for Q4 2025, attributing the poor performance to a promotional pricing strategy for .com domains, which negatively impacted upfront bookings and near-term revenue [2] - Following the announcement of these results, GoDaddy's stock price dropped by $13.18 per share, representing a decline of over 14% [2] Financial Performance - GoDaddy's Q4 2025 results were disappointing, with the company indicating that the introduction of a promotional price for .com domains led to reduced upfront bookings and revenue [2] - The company anticipates a modest impact on reported revenue growth rates for 2026 across its Core Platform and A&C segments due to the promotional pricing strategy [2] Legal Context - Investors who purchased GoDaddy securities and experienced losses may have legal rights under federal securities laws, and they are encouraged to contact Kessler Topaz Meltzer & Check, LLP for potential legal recourse [3] - Kessler Topaz Meltzer & Check, LLP is a recognized law firm specializing in securities fraud class actions and has recovered over $25 billion for clients [4]
ALIT Investors Have Opportunity to Lead Alight, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2026-03-18 01:05
Core Viewpoint - Alight, Inc. is facing a class action lawsuit for securities fraud, with allegations of false and misleading statements regarding its operational capabilities and financial performance [1][5]. Summary by Sections Lawsuit Details - The Schall Law Firm is leading a class action lawsuit against Alight, Inc. for violations of the Securities Exchange Act of 1934 [1]. - Investors who purchased Alight's securities between November 12, 2024, and February 18, 2026, are encouraged to contact the firm before May 15, 2026 [2]. Allegations - The complaint states that Alight made false and misleading statements, claiming it could achieve certain performance metrics and maintain promised dividends [5]. - It is alleged that the company incurred significantly higher compensation and incentive expenses than projected, leading to misleading public statements throughout the class period [5]. Investor Participation - Shareholders who suffered losses are invited to participate in the lawsuit, with the Schall Law Firm offering free consultations to discuss their rights [3][6].
FULGENT GENETICS INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-03-17 22:00
Core Viewpoint - Kirby McInerney LLP is investigating potential securities fraud claims against Fulgent Genetics Inc. due to possible violations of federal securities laws or unlawful business practices by the company or its senior management [1]. Financial Performance - On February 27, 2026, Fulgent reported its fourth quarter and full year 2025 financial results, which included lower-than-expected guidance for 2026. This was attributed to its largest customer moving a significant volume of work in-house [2]. - Following the announcement, Fulgent's share price dropped by $9.43, or approximately 38.1%, from $24.76 on February 26, 2026, to close at $15.33 on February 27, 2026 [2]. Legal Investigation - The investigation by Kirby McInerney LLP is ongoing to determine if claims can be brought under federal securities laws. No lawsuit has been filed at this stage [3].
Law Offices of Howard G. Smith Encourages ChowChow Cloud International Holdings Limited (CHOW) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-03-17 18:31
Core Viewpoint - A class action lawsuit has been filed against ChowChow Cloud International Holdings Limited (CHOW) for securities fraud, affecting investors who purchased shares between September 16, 2025, and December 10, 2025 [1][4]. Group 1: Lawsuit Details - The lawsuit alleges that CHOW made materially false and misleading statements and failed to disclose adverse facts about its business and operations during the class period [4][5]. - The complaint highlights that CHOW was subject to a market manipulation scheme, which involved impersonators posing as financial advisors to promote the stock through misinformation [4][5]. - On December 10, 2025, CHOW's stock price plummeted by $9.87, or 84.3%, closing at $1.83 per share, following the revelation of the manipulation scheme [3][4]. Group 2: IPO and Market Activity - CHOW conducted its initial public offering (IPO) on September 16, 2025, selling 2.6 million shares at $4.00 each, which led to increased trading activity without any significant company news [2][4]. - The company did not inform investors about the risks associated with the market manipulation scheme, which ultimately resulted in significant financial losses for investors [2][4]. Group 3: Underwriter and Regulatory Issues - The sole underwriter for CHOW's IPO, Tiger Securities, had previously been fined by the Financial Industry Regulatory Authority (FINRA) for failing to identify suspicious trading activities [5]. - The lawsuit claims that the positive statements made by CHOW regarding its business lacked a reasonable basis, contributing to the misleading information provided to investors [5].