financial misstatement

43 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Securities Fraud Lawsuit Filed Against Driven Brands Over Accounting Controls

Lawsuit filed against Driven Brands for securities fraud, alleging material misstatements, failed accounting controls, and overstated revenue spanning 2023-2024.
DRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··The Gross Law Firm

DRVN Hit With Securities Lawsuit Over Accounting Misstatements and Internal Control Failures

Driven Brands faces securities class action alleging material accounting misstatements spanning 2023-2025, including overstated revenue and cash. Shareholders must register by May 8, 2026.
DRVNshareholder lawsuitsecurities class action
GlobeNewswire Inc.GlobeNewswire Inc.··Glancy Prongay Wolke & Rotter Llp

Paysafe Hit With Securities Fraud Lawsuit Over $5.8M Revenue Miss, 27.6% Stock Plunge

Class action lawsuit filed against $PSFE over alleged false statements, missed revenue targets, and undisclosed client risks. Stock crashed 27.6% following November disclosures.
PSFEsecurities fraudclass action lawsuit
BenzingaBenzinga··Business Wire

Camping World Faces Securities Fraud Suit Over Inventory Misstatements

Camping World Holdings faces securities fraud lawsuit over inventory misstatement claims. Stock fell 24.8% and 16.5% on disappointing earnings; investors have until May 11, 2026 to file.
CWHsecurities fraudclass action lawsuit
BenzingaBenzinga··Schall Law Firm

Alight Stock Plummets 38% as Fraud Probe Launched Over Misleading Statements

Schall Law Firm probes Alight Inc. ($ALIT) for securities fraud following 38.2% stock plunge tied to Q4 2025 results showing gross profit and margin declines.
ALITsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Glancy Prongay Wolke & Rotter Llp

BBWI Faces Securities Fraud Lawsuit Over Missed Guidance and Strategy Disclosure

Bath & Body Works faces class action lawsuit alleging failure to disclose that marketing strategy wasn't driving customer growth. Stock fell 24.8% after November miss.
BBWIsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Schall Law Firm

Kyndryl Securities Fraud Lawsuit Targets IT Giant Over Financial Misstatements

Schall Law Firm launches class action against $KD over alleged false statements and financial reporting failures affecting investors from August 2024 to February 2026.
KDsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Glancy Prongay Wolke & Rotter Llp

PSFE Shareholders Sue Over $87.7M Loss as Undisclosed Client Risk Triggers Stock Collapse

$PSFE plunges 27.6% after missing Q3 revenue by $5.8M, revealing undisclosed high-risk client exposure. Class action securities fraud lawsuit filed.
PSFEsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Llp

Bath & Body Works Faces Investor Lawsuit Over Failed Growth Strategy

Robbins LLP files class action against $BBWI over alleged investor deception regarding growth strategy. Q3 miss triggered 24.8% stock decline.
BBWIsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Geller Rudman & Dowd Llp

Kyndryl Faces Class Action Over Disclosure of Internal Control Deficiencies

Kyndryl faces class action lawsuit alleging material misrepresentations about financial condition and internal controls. Stock fell 55% after disclosures of control weaknesses and executive departures.
KDsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Claimsfiler

Enphase Energy Class Action: Lead Plaintiff Deadline Approaching for Investors

Enphase Energy faces securities class action for alleged disclosure failures. Lead plaintiff deadline is April 20, 2026 for investors with losses exceeding $100,000.
ENPHsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Targeted in Securities Suit Following 55% Stock Decline and Control Deficiencies

Kyndryl faces securities lawsuit after 55% stock plunge following disclosure of internal control weaknesses, delayed filings, executive departures, and SEC inquiry.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Schall Law Firm

Class Action Lawsuit Filed Against Kyndryl Over Alleged Financial Disclosures

Schall Law Firm filed a securities class action against Kyndryl for allegedly making false financial disclosures and failing to maintain proper internal controls between August 2024 and February 2026.
KDsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Kirby Mcinerney Llp

Paysafe Faces Class Action Over Undisclosed Client Exposure and Credit Issues

Paysafe faces class action lawsuit for failing to disclose client concentration risk and credit losses. Stock fell 27.6% after November earnings miss revealed undisclosed write-down.
PSFEsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Stock Crashes 55% as Disclosure Cascade Triggers Securities Lawsuit

Kyndryl stock plummets 55% after disclosing internal control weaknesses, executive departures, and SEC investigation, triggering securities lawsuit for alleged material misrepresentations.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Kirby Mcinerney Llp

Agilon Health Faces Securities Lawsuit Over 2025 Guidance; Investor Deadline Set

Agilon Health faces securities lawsuit over allegedly false 2025 guidance. Stock fell 51.6% after CEO termination and guidance suspension on August 4.
AGLsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bragar Eagel & Squire, P.C.

Class Action Lawsuits Filed Against Paysafe and Oracle Over Financial Disclosures

Class action lawsuits filed against Paysafe and Oracle for material omissions in financial disclosures. Paysafe failed to disclose high-risk clients; Oracle misrepresented AI infrastructure costs.
ORCLORCLpDPSFEclass action lawsuitshareholder rights
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Securities Lawsuit Filed Against Bath & Body Works Over Misleading Growth Claims

Class action lawsuit filed against Bath & Body Works for allegedly making false growth claims. Investors who suffered losses between June 2024 and November 2025 may seek damages.
BBWIsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Glancy Prongay Wolke & Rotter Llp

Paysafe Shareholders Face April Deadline in Securities Fraud Class Action

Paysafe faces securities fraud lawsuit after missing revenue targets by $5.8M and reporting $87.7M loss. Stock fell 27.6%. Shareholders have April deadline to file.
PSFEsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Llp

Robbins LLP Files Securities Suit Against Agilon Health Over Alleged Guidance Misstatements

Robbins LLP files class action suit against Agilon Health for allegedly issuing unachievable 2025 guidance and overstating strategic initiatives, following 50% stock decline.
AGLsecurities class actionstock price decline