Legal Services
Search documents
Trifork invests in legaltech company Replik to support growth, technology, and internationalization
Globenewswire· 2025-11-13 06:45
Core Insights - Trifork Group AG has acquired a 10% stake in Replik A/S to support its growth, technology, and internationalization efforts [1] - Replik specializes in providing accessible legal services for family and inheritance law in Denmark, serving tens of thousands of clients annually [2][7] - The partnership aims to enhance Replik's product offerings and expand into new legal domains and international markets [3][4] Company Overview - Replik A/S is a Danish legal services firm founded in 2016, focusing on family and inheritance law, employing over 35 people, and supporting more than 200,000 families [7][8] - The company collaborates with leading Danish banks to provide legal documents and advisory services [2][8] Strategic Partnership - The partnership with Trifork will leverage its expertise in scaling technology-driven businesses to help Replik execute its growth strategy [4] - Replik plans to develop AI-based solutions to enhance legal advice while maintaining high standards of data security and compliance [5] - Trifork aims to support Replik in becoming a full-stack AI-enabled business and facilitate its international expansion [6]
Fluor Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-11-10 13:45
Core Viewpoint - Fluor Corporation (NYSE: FLR) is facing allegations of issuing materially false and misleading statements regarding its financial performance and project costs during the class period from February 18, 2025, to July 31, 2025 [1]. Summary by Sections Allegations - The complaint claims that Fluor's costs for infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, were increasing due to subcontractor design errors, price hikes, and scheduling delays [1]. - It is alleged that these issues, along with reduced capital spending from customers and hesitance due to economic uncertainty, were significantly impacting Fluor's business and financial results [1]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategy and an understated impact of economic uncertainty [1]. Class Action Details - Shareholders who purchased FLR shares during the specified class period are encouraged to register for potential lead plaintiff appointment, with a deadline set for November 14, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages WPP plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - WPP
Globenewswire· 2025-11-08 22:31
Core Viewpoint - Rosen Law Firm is reminding purchasers of WPP plc American Depositary Shares (ADS) of the upcoming lead plaintiff deadline for a class action lawsuit, which is set for December 8, 2025 [1]. Group 1: Class Action Details - Investors who purchased WPP ADSs between February 27, 2025, and July 8, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The lawsuit claims that WPP provided misleading statements about its media arm's capabilities, which led to significant market share loss and investor damages when the truth was revealed [5]. Group 2: Law Firm 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 [4]. - The firm has secured substantial settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action settlements [4].
ROSEN, A TOP RANKED LAW FIRM, Encourages WPP plc Investors to Secure Deadline Before Important Deadline in Securities Class Action - WPP
Globenewswire· 2025-11-06 00:07
Core Viewpoint - Rosen Law Firm is reminding purchasers of WPP plc American Depositary Shares (ADS) of the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified period [1][5]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to July 8, 2025, and the lead plaintiff deadline is December 8, 2025 [1][3]. - Investors who purchased WPP ADSs during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [4]. Group 3: Allegations Against WPP - The complaint alleges that WPP provided overly positive statements while concealing material adverse facts about its media arm, which was not adequately equipped to handle macroeconomic challenges and was losing market share [5].
LegalZoom Reports Strong Third Quarter 2025 Financial Results, Again Raises 2025 Revenue Growth Expectations
Globenewswire· 2025-11-05 21:01
Core Insights - LegalZoom reported a record third quarter revenue of $190.2 million, reflecting a 13% year-over-year growth, driven by a strong performance in subscription revenue [5][6][7] - The company is optimistic about its strategic shift, focusing on expanding services to the existing 36 million small businesses in the U.S. by integrating AI and technology with human expertise [2][5] - LegalZoom has raised its full-year 2025 revenue guidance, anticipating approximately 10% year-over-year growth at the midpoint [2][9] Financial Performance - Revenue for the third quarter was $190.2 million, up 13% from $168.6 million in the same period last year [5][7] - Subscription revenue reached $125.4 million, also a 13% increase year-over-year, primarily due to growth in compliance offerings [5][6] - Net income for the quarter was $4.5 million, a decline from $11.1 million in Q3 2024, resulting in a net income margin of 2% compared to 7% in the previous year [5][6][7] - Adjusted EBITDA was $46.3 million, down from $47.1 million in Q3 2024, with an adjusted EBITDA margin of 24% compared to 28% in the same period last year [5][6][7] Cash Flow and Liquidity - LegalZoom ended the quarter with cash and cash equivalents of $237.2 million, an increase from $142.1 million at the end of 2024 [5][6] - The company generated $54.2 million in cash from operating activities, significantly up from $31.6 million in Q3 2024 [6][7] - Free cash flow for the quarter was $47.0 million, compared to $22.0 million in the same period last year, indicating a 114% increase [6][7] Business Metrics - Transaction revenue was $64.8 million, a 12% increase year-over-year, while total transaction units grew by 2% [6][7] - Average order value (AOV) increased to $251, up 11% from $227 in Q3 2024 [7] - Subscription units at the end of the period reached 1,959, a 14% increase from 1,717 in the previous year [7] Future Outlook - For Q4 2025, LegalZoom expects revenue in the range of $182 million to $186 million, representing a 14% year-over-year growth at the midpoint [9] - The full-year revenue guidance is now set between $748 million to $752 million, reflecting a 10% year-over-year growth at the midpoint [9]
Skadden, Arps, Slate, Meagher & Flom tops consumer M&A law-firm ranking
Yahoo Finance· 2025-11-05 09:00
Core Insights - Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis lead the M&A advisory rankings in the consumer sector for the first nine months of the year, with Skadden topping the value of transactions and Kirkland advising on the most deals [1][3]. Group 1: Transaction Value - Skadden, Arps, Slate, Meagher & Flom advised on deals worth a cumulative $31.1 billion in the consumer sector [2]. - A&O Shearman ranked second in transaction value, advising on $23.48 billion worth of deals [4]. - Paul, Weiss, Rifkind, Wharton & Garrison and Stibbe both ranked third, with a combined deal value of $23.1 billion [4]. Group 2: Deal Volume - Kirkland & Ellis advised on 23 transactions, leading in deal volume [2]. - Latham & Watkins ranked second in deal volume with 14 transactions [4]. - Baker McKenzie followed with 12 transactions, while A&O Shearman and CMS both advised on 11 [4]. Group 3: Year-on-Year Performance - Skadden's ranking by value improved from third position in Q1 to Q3 of 2024, despite a year-on-year drop in total deal value during Q1-Q3 2025 [3]. - The firm maintained a significant lead over peers in terms of value due to several large deals [3]. Group 4: Data Source and Methodology - GlobalData's league tables are based on real-time tracking of company and advisory firm websites, with a team of analysts gathering detailed information on each deal [5]. - The data is further validated through submissions from leading advisers to ensure robustness [5].
KBR, INC. DEADLINE: ROSEN, THE FIRST FILING FIRM, Encourages KBR, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KBR
Globenewswire· 2025-11-04 16:40
Core Points - Rosen Law Firm is reminding purchasers of KBR, Inc. securities from May 6, 2025, to June 19, 2025, about the November 18, 2025, lead plaintiff deadline in a securities class action lawsuit [1] - Investors who purchased KBR securities during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3] Case Details - The lawsuit alleges that KBR's defendants made materially false and misleading statements regarding the company's partnership with the U.S. Department of Defense's Transportation Command, despite known concerns about HomeSafe's ability to fulfill the Global Household Goods Contract [5] - The lawsuit claims that these misleading statements resulted in damages to investors when the true details became public [5] 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, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]
TROX DEADLINE: ROSEN, INVESTOR RIGHTS COUNSEL, Encourages Tronox Holdings plc Investors with Losses in Excess of $100K to Secure Counsel Before Important November 3 Deadline in Securities Class Action – TROX
Globenewswire· 2025-11-03 01:51
Core Viewpoint - Rosen Law Firm is reminding purchasers of Tronox Holdings plc common stock of the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for investors who bought shares during the specified period [1][2]. Group 1: Class Action Details - The class action pertains to investors who purchased Tronox common stock between February 12, 2025, and July 30, 2025, with a lead plaintiff deadline set for November 3, 2025 [1][2]. - Investors can join the class action without incurring out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success and recognition in this field [3]. - The firm has achieved significant settlements for investors, including over $438 million in 2019, and has been consistently ranked among the top firms for securities class action settlements [3]. Group 3: Case Allegations - The lawsuit alleges that Tronox's management made misleading statements regarding the company's growth and performance in its pigment and zircon commercial division, which ultimately led to a failure in meeting revenue projections [4]. - It is claimed that while positive statements were made to investors, there were material adverse facts being concealed about the company's ability to forecast demand and manage costs, resulting in investor damages when the truth was revealed [4].
律师行业崩了,近七成同行活得像行尸走肉
Xin Lang Cai Jing· 2025-11-01 00:24
律师行业崩了。不是危言耸听,是现实。曾经西装笔挺、出入高档写字楼的"法律精英",如今不少在为 下顿饭发愁。 零案源、打包价2000元接刑案、离婚官司800块甩卖,这不是段子,是2025年律师的真实处境。 曾几何时,考过法考就是"铁饭碗",穿上律师袍就等于跨进中产。可短短十年,全国律师从37万猛增到 90万,几乎翻了三倍。 人多了,案子却没多。诉讼量不升反降,AI还能帮你写起诉状,百度一搜全是模板。老百姓省钱了, 律师却惨了,市场就这么大,僧多粥少,只能拼低价。 于是,内卷开始了。 以前一个刑事案件收几万,现在2000全包;以前离婚案动辄上万,现在800块还送"情感疏导";三线城 市律师月入不到三千,比外卖小哥还难。 更荒诞的是,北京、上海、深圳扎堆着全国六成多的律师,卷得头破血流;而西部73个县,连一个执业 律师都没有。资源错配到极致,一边是饿死,一边是没人管。 出路在哪? 技术也在加速淘汰。当事人自己用AI写文书,法院推在线调解,简单案件根本不需要律师。你寒窗苦 读十几年,结果被一个聊天机器人干掉了基础活。高端业务?早被红圈所、大所垄断,新人连门槛都摸 不着。 最可怕的不是没钱,是心累。 28%的律师抑郁焦 ...
Grindr Inc. Investigated for Breaches of Fiduciary Duty - Contact the DJS Law Group to Discuss Your Rights - GRND
Prnewswire· 2025-10-31 09:31
Group 1 - The DJS Law Group is investigating claims on behalf of investors of Grindr Inc. for potential breaches of fiduciary duty by its directors and management [1] - The investigation is focused on whether the Grindr board has breached its fiduciary duties to investors [1] - Shareholders who have suffered losses are encouraged to contact the DJS Law Group to participate in the investigation [1] Group 2 - DJS Law Group specializes in enhancing investor returns through balanced counseling and aggressive advocacy, focusing on securities class actions and corporate governance litigation [2] - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims as significant assets [2]