investor harm

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

Driven Brands Hit With Securities Fraud Suit Over Accounting Irregularities

Class action filed against Driven Brands alleging false financial statements, weak controls, and unreconciled cash from 2023, affecting fiscal years 2023-2024.
DRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Corcept Faces Class Action Over Relacorilant Claims as Investors Allege Misleading Trial Data

Class action lawsuit filed against $COPT alleging executives misrepresented relacorilant clinical trial strength and FDA approval prospects, harming investors.
CORTsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Lufax Facing Securities Fraud Class Action Over Alleged Misstatements

Class action lawsuit filed against $LU alleging securities fraud, false statements, and weak internal controls from April 2023 through January 2025.
LUsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Gartner Faces Class Action Over Alleged Misstatements on Growth, Revenue

Law firm files class action against $IT for allegedly false statements on contract value, revenue projections, and consulting segment performance between February 2025-2026.
ITsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Snowflake Faces Securities Fraud Class Action Over Undisclosed Revenue Headwinds

Class action filed against $SNOW alleging securities fraud over failure to disclose product efficiency impacts on consumption, revenues during June 2023-February 2024 period.
SNOWsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Mereo BioPharma Faces Class Action Over Failed Clinical Trials and Investor Losses

Mereo BioPharma faces class action lawsuit alleging misrepresentations regarding failed Phase 3 clinical trials, with lead plaintiff deadline April 6, 2026.
MREOsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Nektar Therapeutics Faces Class Action Over Misleading Trial Claims

Class action lawsuit filed against $NKTX alleging executives made false statements about REZOLVE-AA trial integrity. Investors urged to join by May 5, 2026 deadline.
NKTRsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Power Solutions International Hit With Class Action Over Data Center Claims

Class action lawsuit filed against $PSIX alleging false statements about data center market capabilities and understated manufacturing costs between May 2025 and March 2026.
PSIXsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

NuScale Power Hit by Class Action Over Alleged Misrepresentations on Partner's Nuclear Expertise

Class action lawsuit filed against $SMR alleging NuScale made false statements about partner ENTRA1's nuclear experience, concealing material risks to commercialization strategy.
SMRsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

BlackRock TCP Capital Faces Class Action Over Alleged NAV Overstatement

Bronstein, Gewirtz & Grossman filed class action against $TCPC alleging false statements on valuations and NAV from November 2024 to January 2026.
TCPCsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Grocery Outlet Faces Securities Fraud Class Action Over False Growth Claims

Class action lawsuit filed against Grocery Outlet alleging securities fraud, false financial statements, and unsustainable expansion. Lead plaintiff deadline set for May 15, 2026.
GOsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Navan Hit With Class Action Over IPO Disclosure; Investors Have Until April 2026 to Join

Class action filed against Navan ($NAVN) alleging IPO prospectus misled investors on sales and marketing expense requirements. Claim period deadline: April 24, 2026.
NAVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Beyond Meat Faces Class Action Over Asset Impairment, SEC Filing Delays

Class action lawsuit filed against Beyond Meat alleging material misstatements about asset valuations and SEC filing delays during February-November 2025 period.
BYNDsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Enphase Energy Faces Class Action Over Channel Inventory, Tax Credit Misstatements

Class action lawsuit filed against $ENPH alleging overstatement of inventory management and tax credit mitigation capabilities, covering April-October 2025 purchases.
ENPHsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Soleno Therapeutics Hit with Class Action Over Undisclosed Safety Data on DCCR Candidate

Class action lawsuit filed against $SLNO alleging failure to disclose safety concerns about DCCR drug candidate, including fluid retention issues in clinical trials.
SLNOsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Eos Energy Faces Class Action Lawsuit Over False Statements on Production Capacity

Class action lawsuit filed against Eos Energy Enterprises ($EOSE) alleging executives made false statements about production capacity, battery downtime, and quality issues from November 2025 to February 2026.
EOSEsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Alight Faces Class Action Over CEO Promises; Stock Faces Credibility Crisis

Alight Inc. faces class action lawsuit alleging executives misled investors about CEO leadership, capital returns, and financial targets from November 2024 to February 2026.
ALITsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

AMC Faces Class Action Over APE Units as Investors Allege Securities Violations

Class action lawsuit filed against AMC Entertainment over alleged securities violations related to APE preferred equity units. Investors claim material misstatements about distribution rights.
AMCsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Eos Energy Faces Securities Fraud Lawsuit Over Hidden Production Issues

Class action filed against $EOSE alleging materially false statements and non-disclosure of production delays, battery downtime, and quality control failures.
EOSEsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

BellRing Brands Faces Class Action Over Alleged False Sales Claims

Bronstein, Gewirtz & Grossman files class action against BellRing Brands alleging false sales statements tied to inventory buildup rather than genuine demand.
BRBRsecurities fraudclass action lawsuit