misleading statements

280 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Kirby Mcinerney Llp

Corcept Therapeutics Faces Class Action Over FDA Rejection; Stock Crashed 50%

Corcept Therapeutics faces securities fraud lawsuit after FDA rejected relacorilant application. Stock plummeted 50.4% following December rejection. Investor deadline April 21, 2026.
CORTsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Pomerantz Llp

Enphase Energy Hit with Class Action Over Inventory Claims and Credit Cliff

Pomerantz Law Firm files class action against Enphase Energy over alleged misstatements regarding inventory management and federal solar tax credit impacts. Stock fell 15.15% after weak Q3 guidance.
ENPHsecurities fraudclass action lawsuit
BenzingaBenzinga··Schall Law Firm

PSIX Securities Fraud Lawsuit: Data Center Claims Under Fire

Schall Law Firm seeks $PSIX investors for class action over alleged false statements on data center business and manufacturing costs. Deadline: May 19, 2026.
PSIXsecurities 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

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
BenzingaBenzinga··Law Offices Of Howard G. Smith

ALIT Shareholders Face Class Action Deadline as Securities Fraud Lawsuit Claims Material Misstatements

$ALIT shareholders have until May 15, 2026 to join securities fraud lawsuit over alleged misstatements. Stock fell 18.3% and 38.2% after guidance misses in August 2025 and February 2026.
ALITsecurities fraudclass action lawsuit
BenzingaBenzinga··Glancy Prongay Wolke & Rotter Llp

PSIX Shareholders Face Fraud Lawsuit Deadline as Power Solutions Stock Collapses 48%

Power Solutions International faces securities fraud class action over false data center claims. Stock plunged 48% following margin disclosures; lead plaintiff deadline set for May 19, 2026.
PSIXsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Securities Class Action Filed Against Concorde International Group Over Alleged Fraud Scheme

Rosen Law Firm filed securities class action against Concorde International Group ($CIGL) alleging fraudulent promotion schemes and insider share dumping. Affected investors must act before critical deadlines.
CORTBYNDCIGLsecurities class actionmisleading statements
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Snowflake Faces Securities Fraud Suit as Stock Plunges 18% on Misleading Guidance

Snowflake faces securities fraud suit after 18% stock drop on corrective disclosures regarding consumption patterns and $10B revenue target claims.
SNOWsecurities fraudstock decline
BenzingaBenzinga··Glancy Prongay Wolke & Rotter Llp

Alight Stock Plunges 38% on Guidance Miss; Securities Fraud Suit Filed

Alight Inc. faces securities fraud lawsuit after missing guidance twice, with stock falling 18-38%. Shareholders can claim losses through May 2026.
ALITsecurities 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
BenzingaBenzinga··Law Offices Of Frank R. Cruz

PSIX Faces Securities Fraud Lawsuit Over Data Center Claims and Margin Misstatements

Power Solutions International shareholders file class action lawsuit alleging false statements about data center demand and manufacturing inefficiencies, following significant stock declines.
PSIXsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Portnoy Law Firm

Enphase Faces Class Action Over Inventory Management, Stock Plunges 15%

Portnoy Law Firm files class action against $ENPH over alleged misstatements about inventory management and tax credit impacts. Stock falls 15% post-earnings.
ENPHsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Geller Rudman & Dowd Llp

Snowflake Faces Class Action Lawsuit Over Alleged Misstatements on Product Efficiency

$SNOW faces class action lawsuit over alleged misstatements on product efficiency, Iceberg Tables, and storage pricing. Stock fell 18% when revenue headwinds disclosed.
SNOWsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Plug Power Faces Class Action Over DOE Loan Claims and Hydrogen Facility Misstatements

Class action lawsuit filed against $PLUG alleging false statements on DOE funding and hydrogen facilities between January-November 2025. Investors have until April 3, 2026 to seek lead plaintiff status.
PLUGsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Ultragenyx Faces Class Action Over Setrusumab Trial Data Misrepresentation

Class action lawsuit filed against Ultragenyx Pharmaceutical alleging false statements about setrusumab efficacy for Osteogenesis Imperfecta treatment based on flawed trial comparisons.
RAREsecurities 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

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.··Rosen Law Firm

Mereo BioPharma Investors Face April Deadline in Setrusumab Securities Lawsuit

Rosen Law Firm urges MREO investors to act before April 6, 2026 deadline in securities class action alleging misleading clinical trial statements.
MREOsecurities class actionmisleading statements
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Picard Medical Faces Securities Fraud Lawsuit Over Alleged Stock Manipulation Scheme

Picard Medical faces securities fraud lawsuit alleging false statements, social media manipulation, and insider share dumping scheme during September-October 2025 period.
PMIsecurities class actionmisleading statements