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Shareholder Alert: The Ademi Firm investigates whether Integral Ad Science is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-09-24 16:05
Core Points - The Ademi Firm is investigating IAS for potential breaches of fiduciary duty and other legal violations related to its transaction with Novacap [1][2] - Shareholders of IAS are set to receive $10.30 per share in a deal valued at approximately $1.9 billion, with insiders benefiting significantly from change of control arrangements [2] - The transaction agreement restricts competing offers for IAS by imposing a substantial penalty if a competing bid is accepted, raising concerns about the board's fiduciary duties to shareholders [2]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Fly-E Group, Inc. of Class Action Lawsuit and Upcoming Deadlines - FLYE
Prnewswire· 2025-09-23 14:00
Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud and unlawful business practices, following a significant decline in the company's net revenues attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [2]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Fly-E and certain officers or directors engaged in securities fraud or other unlawful business practices [2]. - Investors have until November 7, 2025, to request the Court to appoint them as Lead Plaintiff if they purchased Fly-E securities during the Class Period [2]. Group 2: Financial Performance - On August 14, 2025, Fly-E reported a 32% decrease in net revenues for the first quarter of fiscal year 2026, primarily due to a decrease in total units sold [2]. - Following the revenue announcement, Fly-E's stock price plummeted by $6.76 per share, or 87.11%, closing at $1.00 per share on August 15, 2025 [2].
FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fiserv
Businesswire· 2025-09-22 17:51
Core Viewpoint - Fiserv, Inc. is under investigation for potential claims related to a federal securities class action, with a deadline for investors to seek lead plaintiff status set for September 22, 2025 [1] Group 1 - Faruqi & Faruqi, LLP, a prominent national securities law firm, is leading the investigation against Fiserv [1] - The investigation pertains to potential claims that may affect investors in Fiserv, Inc. [1] - The firm has multiple offices across New York, Pennsylvania, California, and Georgia [1]
RXST DEADLINE TOMORROW: ROSEN, LEADING INVESTOR COUNSEL, Encourages RxSight, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important September 22 Deadline in Securities Class Action – RXST
Globenewswire· 2025-09-21 10:45
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of RxSight, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2] Group 1: Class Action Details - The class action lawsuit has been filed against RxSight, Inc. for allegedly misleading statements regarding the company's growth and performance during the Class Period [4] - Investors who purchased RxSight securities may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - The lead plaintiff must file a motion with the Court by September 22, 2025, to represent other class members in the litigation [2] Group 2: Allegations Against RxSight - The lawsuit claims that RxSight misrepresented the effectiveness of its field organization and the adoption rates of newer customer cohorts, which were actually underperforming [4] - It is alleged that the utilization across the installed base was declining, contradicting the company's claims of rising utilization [4] - As a result of these misleading statements, investors purchased shares at artificially inflated prices, leading to financial damages when the truth was revealed [4] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3] - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, further establishing the firm's credibility [3]
Kuehn Law Encourages Investors of Rocket Pharmaceuticals, Inc. to Contact Law Firm
Prnewswire· 2025-09-19 17:30
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Rocket Pharmaceuticals, Inc. [1] Company Summary - Rocket Pharmaceuticals, Inc. is currently under scrutiny for possible misconduct by its leadership, which may affect shareholder interests [1]
Investor Alert: Berger Montague (Canada) PC Investigates Potential Claims on Behalf of Canadian Investors in Hut 8 Corp. After U.S. Federal Court Allows Certain Claims To Proceed on Behalf of U.S. Investors
Prnewswire· 2025-09-18 19:37
Core Insights - Berger Montague (Canada) PC has expanded its investigation into Hut 8 Corp. following allegations of improprieties related to its management and operations [1][2]. Group 1: Allegations and Market Reaction - A report by J Capital Research on January 18, 2024, accused Hut 8 and U.S. Bitcoin Corp. of various improprieties, leading to a significant drop in Hut 8's share price from $12.56 to $9.24, a decline of over 26% within two trading sessions [2]. - On September 12, 2025, a U.S. federal court found certain allegations regarding King Mountain JV operations plausible, indicating that the Consolidated Amended Complaint adequately pleaded a material omission under Section 11 of the Securities Act [3]. Group 2: Legal Representation and Investor Rights - Investors who purchased shares of Hut 8 Corp. prior to January 18, 2024, are encouraged to contact Berger Montague to understand their rights regarding potential class action claims [4]. - Berger Montague is recognized for representing investors in shareholder class actions involving Canadian companies listed on various stock exchanges [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Matrix Service Company - MTRX
Prnewswire· 2025-09-18 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Matrix Service Company and its officers or directors [1] Financial Performance - For Q4 of fiscal year 2025, Matrix reported non-GAAP earnings per share of -$0.28, missing consensus estimates by $0.29 [2] - Revenue for the quarter was $216.4 million, falling short of consensus estimates by $15.85 million [2] - The company cited a $14.9 million impact on net income due to several issues, including labor cost overruns, contract disputes, unfavorable court decisions, and restructuring costs [2] Stock Market Reaction - Following the announcement of the financial results, Matrix's stock price dropped by $1.98 per share, or 13.89%, closing at $12.27 per share on September 10, 2025 [2]
How Trump's quarterly earnings shake-up could disrupt the white-collar ecosystem
Yahoo Finance· 2025-09-17 17:04
Core Viewpoint - The discussion around quarterly earnings reports is shifting, with President Trump advocating for fewer reports to benefit companies, which could have significant implications for the ecosystem of white-collar jobs that support these earnings processes [2][3][4]. Group 1: Impact on Companies - President Trump has requested the SEC to investigate the potential benefits of reducing the frequency of earnings reports, suggesting that it could save costs and allow management to focus on running their companies [2]. - A survey by Nasdaq indicated that in 2019, 75% of 180 companies favored a transition to semi-annual reporting, highlighting a strong preference within corporate America for fewer earnings disclosures [3]. - Companies have expressed that the costs associated with quarterly earnings reports are substantial, involving extensive preparation and coordination among various teams [4]. Group 2: Implications for White-Collar Jobs - The potential reduction in earnings reports raises questions about the future of white-collar professionals, including investor relations and communications experts, who play a crucial role in conveying a company's financial narrative [5][6]. - Despite the possibility of fewer reports, industry experts believe that the demand for information from investors will not diminish, suggesting that many companies may continue to provide quarterly updates even if allowed to report semi-annually [7]. - The current economic climate and advancements in artificial intelligence are putting additional pressure on white-collar jobs that support the earnings reporting ecosystem [4].
Lost Money on Semler Scientific, Inc. (SMLR)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Globenewswire· 2025-09-16 21:10
Core Viewpoint - A class action securities lawsuit has been filed against Semler Scientific, Inc. for alleged securities fraud affecting investors between March 10, 2021, and April 15, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Semler Scientific failed to disclose a significant investigation by the U.S. Department of Justice regarding violations of the False Claims Act, while discussing potential violations in hypothetical terms [2]. - As a result of these actions, the public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who experienced losses in Semler Scientific during the specified timeframe have until October 28, 2025, to request to be appointed 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 hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].
FISERV DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important September 22 Deadline in Securities Class Action - FI
Globenewswire· 2025-09-16 20:38
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Fiserv, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2] Group 1: Class Action Details - The Class Period for the Fiserv common stock purchases is from July 24, 2024, to July 22, 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 must move the Court by September 22, 2025, to serve as lead plaintiff [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3] Group 3: Case Allegations - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older platform [4] - It is claimed that Clover's revenue growth was artificially inflated by these forced migrations, masking a slowdown in new merchant business [4] - The lawsuit further states that many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's growth [4]