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Krispy Kreme Data Breach Alert Issued By Wolf Haldenstein
GlobeNewswire News Room· 2025-06-20 13:13
Core Points - Krispy Kreme Doughnut Corporation, Inc. experienced a data breach in November 2024, resulting in the potential theft of personal information of employees and former employees [2][3] - The compromised personal information includes names, Social Security numbers, dates of birth, driver's license numbers, financial account information, credit and debit card information, passport numbers, digital signatures, biometric data, medical or health information, and health insurance information [3] - Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of those affected by the data breach and is encouraging individuals to contact them if they have experienced concerning activity related to the breach [1][4] Company Information - Krispy Kreme is headquartered in Charlotte, North Carolina [2] - Wolf Haldenstein Adler Freeman & Herz LLP is a national consumer rights law firm with experience in consumer rights litigation across various jurisdictions [6]
Fortrea Holdings Inc. Class Action: The Gross Law Firm Reminds Fortrea Holdings Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 1, 2025 - FTRE
Prnewswire· 2025-06-19 13:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fortrea Holdings Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its financial prospects and business model during the class period from July 3, 2023, to February 28, 2025 [1]. Allegations - The complaint claims that Fortrea overestimated the revenue contributions from its long-term projects, known as the Pre-Spin Projects, to its 2025 earnings [1]. - It is alleged that Fortrea overstated the cost savings expected from exiting transition services agreements [1]. - The company's previously announced EBITDA targets for 2025 were inflated due to these misrepresentations [1]. - The viability of Fortrea's post-spin-off business model and its financial prospects were also overstated [1]. - Consequently, the company's public statements were materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased FTRE shares during the specified class period are encouraged to register for the class action by August 1, 2025, to potentially be appointed as lead plaintiff [2]. - Registered shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [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 that inflated stock prices [3].
Fortrea Holdings Inc. Class Action: The Gross Law Firm Reminds Fortrea Holdings Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 1, 2025 – FTRE
GlobeNewswire News Room· 2025-06-18 13:22
Core Viewpoint - Fortrea Holdings Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial projections and business model [3][4]. Allegations - The complaint claims that Fortrea overestimated revenue contributions from its long-term projects, known as the Pre-Spin Projects, for the year 2025 [3]. - It is alleged that the company overstated potential cost savings from exiting transition services agreements [3]. - The previously announced EBITDA targets for 2025 were inflated as a result of these misstatements [3]. - The viability of Fortrea's post-spin-off business model and its financial prospects were also overstated [3]. - Overall, the company's public statements were materially false and misleading throughout the relevant period [3]. Class Action Details - The class period for the lawsuit is from July 3, 2023, to February 28, 2025 [3]. - Shareholders are encouraged to register for the class action by the deadline of August 1, 2025 [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates on the case [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Willis appoints new leader for law firms in North America
GlobeNewswire News Room· 2025-06-17 12:00
Core Insights - Willis, a WTW business, has appointed Linda Fisher as the sub-vertical leader for law firms within the Financial Services and Professional Services (FIPS) industry vertical division in North America [1][2] Company Overview - Linda Fisher will be based in Chicago and will report directly to Brad Messinger, the FIPS Leader [2] - Fisher's role will focus on driving growth in the legal sector, including business development, creating intellectual capital, representing Willis at industry events, and enhancing services for law firm clients [2][3] Background of Linda Fisher - Prior to joining Willis, Fisher held significant positions at Marsh McLennan Agency, Gallagher, and Old Republic Professional, showcasing her extensive experience in the legal sector [3] - Fisher holds a B.S. degree from the University of Alabama and has RPLU and CPLP designations, indicating her qualifications and expertise [3] Leadership Commentary - Brad Messinger expressed enthusiasm about Fisher's appointment, highlighting her deep understanding of the legal landscape and her potential to enhance business within the legal sector [4]
Backblaze Investor News: If You Have Suffered Losses in Backblaze, Inc. (NASDAQ: BLZE), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-06-15 12:00
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Backblaze, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation Details - The investigation is prompted by a report from Morpheus Research that accused Backblaze of financial missteps and questionable accounting practices since its IPO in November 2021 [3]. - Following the release of the Morpheus Research report, Backblaze's stock experienced a decline of 2.1% on April 24, 2025 [3]. Group 2: Class Action Information - Shareholders who purchased Backblaze securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the Rosen Law Firm directly [2]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - 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 [4].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Bitfarms Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BITF
GlobeNewswire News Room· 2025-06-14 12:23
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 move the Court to serve as lead plaintiff by the July 8, 2025 deadline [2][4]. - The lawsuit alleges that Bitfarms made false and misleading statements regarding its financial reporting and internal controls, leading to potential misstatements in financial statements that may require restatement [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3].
Reed Smith serves as legal counsel to placement agents in Trump Media's $2.5 billion bitcoin treasury deal
Prnewswire· 2025-06-13 16:57
Group 1 - Trump Media and Technology Group Corp. completed a $2.5 billion bitcoin treasury deal, marking one of the largest cryptocurrency treasury acquisitions by a public company [1] - The company entered into subscription agreements with approximately 50 institutional investors for a private placement offering of $1.5 billion in common stock and $1 billion in convertible senior secured notes, which closed on May 29, 2025 [2][5] - The offering includes $1.5 billion in common stock at the last market price and $1 billion in convertible notes at a conversion price reflecting a 35 percent premium, adding bitcoin to Trump Media's balance sheet alongside existing cash and short-term investments totaling $759 million as of Q1 2025 [5] Group 2 - The transaction reflects the rapidly accelerating momentum in the cryptocurrency market, indicating surging interest and investment in the space [4] - Yorkville Securities, LLC and Clear Street LLC served as co-lead placement agents, with BTIG, LLC and Cohen & Company Capital Markets as co-placement agents, while Reed Smith acted as legal counsel for the placement agents [3]
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DNUT
GlobeNewswire News Room· 2025-06-13 15:52
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Krispy Kreme, Inc. securities between February 25, 2025, and May 7, 2025, of the July 15, 2025, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - A class action lawsuit has been filed against Krispy Kreme, and investors can join without any out-of-pocket fees through a contingency fee arrangement [1][2] - The lead plaintiff must file a motion with the Court by July 15, 2025, to represent other class members [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 and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Krispy Kreme made false and misleading statements regarding the demand for its products at McDonald's locations, which declined significantly after the initial marketing launch [4] - It is claimed that the partnership with McDonald's was not profitable, leading to a pause in expansion into new locations and materially misleading statements about Krispy Kreme's business prospects [4]
Fortrea Holdings Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – FTRE
GlobeNewswire News Room· 2025-06-12 17:05
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- 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=152588&from=3 CLASS PERIOD: Ju ...
Bragar Eagel & Squire, P.C. Is Investigating GoHealth and Abacus and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-06-10 01:00
Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against GoHealth, Inc. and Abacus Global Management, Inc. for possible violations of federal securities laws and unlawful business practices [1] GoHealth, Inc. (NASDAQ:GOCO) - The U.S. Department of Justice filed a False Claims Act complaint against GoHealth and other health insurance companies, alleging that from 2016 to at least 2021, they paid hundreds of millions of dollars in illegal kickbacks to brokers for enrollments in Medicare Advantage plans [2] - Following the DOJ's announcement, GoHealth's stock price dropped by $1.09 per share, a decline of 10.35%, closing at $9.44 per share on May 1, 2025 [2] Abacus Global Management, Inc. (NASDAQ:ABL) - Morpheus Research published a report alleging that Abacus Global Management is involved in an accounting scheme related to life settlements, which artificially inflates revenue by underestimating mortality rates [3] - In response to the report, Abacus Global's stock price fell by more than 21% [3]