investor harm

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

Graphic Packaging Hit With Class Action Over Alleged Misstatements on Inventory, Demand

Graphic Packaging faces class action lawsuit alleging executives misrepresented inventory issues, demand weakness, and cost pressures from Feb 2025-Feb 2026.
GPKsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Driven Brands Faces Class Action Over Accounting Misstatements and Control Failures

Class action filed against $DRVN alleging materially false financial statements, weak internal controls, and unreconciled 2023 cash balance inflating revenues.
DRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Pinterest Faces Class Action Over Alleged Revenue Misstatements and Tariff Disclosure Failures

Class action lawsuit filed against $PINS alleging false statements on ad revenues, tariff impacts, and undisclosed restructuring plans affecting investors from Feb 2025-2026.
PINSsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

LKQ Hit With Class Action Over FinishMaster Acquisition Misrepresentations

Class action lawsuit filed against LKQ Corporation alleging executives made false statements about FinishMaster acquisition risks and strategic benefits during 2023-2025 period.
LKQsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

FS KKR Capital Hit With Securities Fraud Suit Over Portfolio Claims

Class action alleges FS KKR Capital misrepresented portfolio restructuring, valuations, and distribution sustainability from May 2024 through February 2026.
FSKsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Medpace Faces Class Action Over Alleged Misstatements on Financial Metrics

$MEDP faces class action lawsuit alleging executives misrepresented book-to-bill ratio; investors must act by June 5, 2026.
MEDPsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Class Action Lawsuit Targets NUAI Over Alleged Fraud in Data Centers, Oil & Gas Operations

Class action lawsuit filed against $NUAI alleging materially false statements about Texas data centers project and fraudulent oil/gas scheme in New Mexico.
NUAINUAIWsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Class Action Filed Against $GLOB Over Misleading Latin America Strategy Claims

Class action filed against Globant alleging false statements about failed Latin American expansion, client losses, and wage freezes despite claiming market leadership.
GLOBsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

SES AI Hit with Securities Fraud Class Action Over False Revenue Claims

SES AI faces class action lawsuit alleging securities fraud, false revenue reporting through circular transactions, and undisclosed logistics constraints affecting guidance.
SESSES.WSsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Power Solutions International Faces Class Action Over Data Center Claims

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

Class Action Targets $CIGL Over Alleged Stock Manipulation and Disclosure Failures

Class action lawsuit filed against Concorde International Group alleging fraudulent stock promotion, insider dumping, and artificial trading activity inflated prices during April-July 2025.
YOOVsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Alight Faces Class Action Over CEO Projections, Investor Window Closes May 15

Class action lawsuit filed against Alight alleging executives misled investors on growth prospects and capital returns. Lead plaintiff deadline set for May 15, 2026.
ALITsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Stellantis Faces Class Action Over False Earnings, EV Strategy Claims

Class action lawsuit filed against Stellantis alleging false earnings forecasts and EV strategy misstatements covering investors from February 2025-February 2026.
STLAsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

POET Technologies Hit With Securities Fraud Lawsuit Over PFIC Tax Disclosure

Class action filed against $POET alleging securities fraud over PFIC tax status misrepresentation and undisclosed negative implications for U.S. shareholders.
POETsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Gartner Hit with Class Action Suit Over Misleading Financial Statements

Class action lawsuit filed against $IT alleging materially false statements on contract value growth and revenue projections from Feb 2025-Feb 2026.
ITsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Lufax Faces Securities Fraud Class Action Over False Financial Statements

Class action lawsuit filed against $LU alleging securities fraud and inadequate internal controls. Covers investors from April 2023 to January 2025.
LUsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Class Action Targets United Homes Group Over Alleged Disclosure Failures

Lawsuit filed against $UHG alleging materially false statements regarding controlling shareholder's plans to force company sale and devalue assets.
UHGUHGWWsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Driven Brands Faces Securities Fraud Suit Over Accounting Irregularities

Driven Brands faces securities fraud class action over unreconciled cash balance causing overstated revenues and understated expenses in 2023-2024.
DRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Nektar Therapeutics Hit by Class Action Over Alleged REZOLVE-AA Trial Misconduct

Nektar Therapeutics faces class action lawsuit alleging REZOLVE-AA trial protocol violations and misstatements, affecting investors from February-December 2025.
NKTRsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Class Action Against Babcock & Wilcox Alleges Executive Misconduct, Undisclosed Conflicts

Class action lawsuit filed against Babcock & Wilcox alleges executives made false statements and concealed shareholder conflicts in Applied Digital contract. Eligible shareholders from November 2025-March 2026 may recover losses.
BWBWNBBWpAsecurities fraudclass action lawsuit