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Deadline Approaching: Marex Group PLC (MRX) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith
Businesswire· 2025-10-15 18:57
Oct 15, 2025 2:57 PM Eastern Daylight Time Deadline Approaching: Marex Group PLC (MRX) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith Share BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming December 8, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Marex Group plc ("Marex†or the "Company†) (NASDAQ: MRX) securities between May 16, 2024 and August 5, 2025, inclusive (the "Class P ...
Abacus Worldwide bolsters African presence
Yahoo Finance· 2025-10-15 11:07
Abacus Worldwide, a global association of independent accounting, consulting, and legal firms, has announced the addition of two new members from Africa. Kenyan law firm Munyao, Muthama & Kashindi Advocates (MMK) and South African accounting firm P&A Accountants have joined the international association. P&A Accountants, located in Alberton, Gauteng, offers a range of solutions including accountant and tax compliance specialist for businesses of all sizes. The firm aims to ensure that clients remain com ...
Deadline Alert: Fortinet, Inc. (FTNT) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-26 16:37
Core Viewpoint - Fortinet, Inc. is facing a class action lawsuit due to alleged securities fraud, with a deadline for lead plaintiff motions set for November 21, 2025, following a significant drop in stock price after disappointing financial results [1][5]. Financial Performance - On August 6, 2025, Fortinet reported its Q2 2025 financial results, indicating that it was "approximately 40% to 50% of the way through the 2026 firewall upgrade cycle" and provided weaker-than-expected revenue guidance for Q3, projecting revenue between $1.67 billion and $1.73 billion [2][4]. Stock Price Reaction - Following the announcement of the financial results, Fortinet's stock price fell by $21.28, or 22%, closing at $75.30 per share on August 7, 2025, which negatively impacted investors [3]. Allegations in the Lawsuit - The class action lawsuit alleges that Fortinet made materially false and misleading statements regarding its business operations and prospects, including: 1. Misrepresentation of the profitability of the refresh cycle, which was based on old products that constituted a small percentage of the business [4]. 2. Lack of clarity on the actual number of FortiGate firewalls eligible for upgrades [4]. 3. Concealment of the rapid progress of the refresh cycle, which was pushed through in a few months rather than over two years as claimed [4]. 4. Overall misleading statements about the company's business health and future prospects [4].
FSFG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of First Savings Financial Group, Inc. Is Fair to Shareholders
Businesswire· 2025-09-25 14:50
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of First Savings Financial Group, Inc. to First Merchants Corporation, specifically whether the exchange ratio of 0.85 shares of First Merchants common stock per share of First Savings common stock is equitable for shareholders [1][3]. Group 1 - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by First Savings and its board of directors [3]. - Key concerns include whether the best possible consideration was obtained for shareholders, if First Merchants is underpaying for First Savings, and whether all material information necessary for shareholders to assess the merger was disclosed [3][4]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief [4].
Law Offices of Frank R. Cruz Encourages Fluor Corporation (FLR) Investors To Inquire About Securities Fraud Class Action
Businesswire· 2025-09-22 16:09
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for securities fraud, following a significant drop in stock price after the company reported disappointing financial results for Q2 2025 [1][3]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Fluor securities between February 18, 2025, and July 31, 2025, with a deadline of November 14, 2025, to file a lead plaintiff motion [1][2]. - The lawsuit alleges that Fluor made materially false and misleading statements regarding its business operations and financial outlook during the class period [4]. Group 2: Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results that missed consensus estimates, attributing the shortfall to rising costs from subcontractor design errors, price increases, and scheduling delays, along with reduced capital spending from clients [3]. - Following the announcement, Fluor's stock price fell by $15.35, or 27%, closing at $41.42 per share, which negatively impacted investors [3]. Group 3: Allegations Against Defendants - The complaint claims that the defendants failed to disclose significant adverse facts, including rising costs in key projects and the negative impact of economic uncertainty on the company's financial results [4]. - It is alleged that Fluor's financial guidance for FY 2025 was unreliable, and the effectiveness of its risk mitigation strategies was overstated [4].
Deadline Approaching: Fly-E Group, Inc. (FLYE) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2025-09-16 17:44
Core Viewpoint - Fly-E Group, Inc. is facing a class action lawsuit due to significant financial losses and misleading statements made by the company regarding its business operations and prospects during the class period from July 15, 2025, to August 14, 2025 [3][5]. Financial Performance - On August 14, 2025, Fly-E reported a 32% year-over-year decline in net revenues, primarily attributed to decreased unit sales following multiple lithium-battery accidents involving its E-Bikes and E-Scooters [3]. - Following this announcement, Fly-E's stock price plummeted by $6.76, or 87.1%, closing at $1.00 per share on August 15, 2025, resulting in significant losses for investors [4]. Legal Proceedings - A class action lawsuit has been filed alleging that Fly-E's management made materially false and misleading statements about the company's brand reputation, cost reductions, and the risks associated with lithium batteries, which misled investors about the company's true financial health [5]. - Investors who purchased Fly-E securities during the class period are encouraged to file a lead plaintiff motion by the deadline of November 7, 2025, if they meet certain legal requirements [6].
Flywire Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FLYW
Businesswire· 2025-09-05 17:27
Core Viewpoint - Flywire Corporation is facing a class action lawsuit for alleged violations of securities laws, specifically for making false and misleading statements regarding its revenue growth and the impact of visa restrictions on its business [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from February 28, 2024, to February 25, 2025, with a deadline for lead plaintiff appointments set for September 23, 2025 [2]. - The complaint alleges that Flywire exaggerated the sustainability of its revenue growth and misled investors about the negative impacts of visa and permit restrictions [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the DJS Law Group for potential participation in the lawsuit [2][3]. - There is no cost or obligation for shareholders to participate, and they will be enrolled in a portfolio monitoring software for updates on the case [3]. Group 3: Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4]. - The firm emphasizes the importance of respecting and focusing on the litigation claims of its clients, which are considered valuable assets [4].
Knowledge Graphs in Litigation Agents — Tom Smoker, WhyHow
AI Engineer· 2025-07-22 17:00
Core Argument - Structured Representations, emphasizing relationships between clauses, documents, entities, and parties, are crucial in the legal field [1] - Structured Context Injection, enabled by Structured Representations, enhances context and reduces hallucinations in legal agents [1] Case Studies & Applications - The report highlights production systems built for legal use-cases, including recursive contractual clause retrieval and HITL legal reasoning news agents [1] - These systems demonstrate the significant improvement in effectiveness and reliability of legal agents through structured representations [1] Key Technologies - Structured Representations are presented as a key technology for improving legal agents [1]
Tevogen Bio’s CIO & Head of Tevogen.AI, Mittul Mehta, Featured Speaker at Proskauer’s AI Discussion Panel
Globenewswire· 2025-03-07 21:09
Group 1 - Tevogen Bio, a clinical-stage specialty immunotherapy biotech company, is leveraging AI to enhance precision medicine and operational efficiencies [2][3][5] - The company has reported positive safety data from its proof-of-concept clinical trial and owns key intellectual property assets, including three granted patents and multiple pending patents related to AI [5][6] - Tevogen Bio aims to make advanced therapies more accessible and affordable by combining proprietary datasets with generative AI models [3][5] Group 2 - The recent AI discussion panel featured industry leaders discussing the transformative impact of AI across finance, biotech, and legal sectors [2][4] - The event highlighted the importance of tailoring AI applications to address unique challenges within each industry [3][4] - Tevogen Bio's leadership emphasizes the need for disruptive business models to sustain medical innovation and ensure patient accessibility [5][6]