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misrepresentation

99 articles
BenzingaBenzinga··The Law Offices Of Frank R. Cruz

SES AI Hit with Securities Fraud Lawsuit Over Misrepresented Partnerships

SES AI faces class action securities fraud suit alleging misrepresented business prospects, inflated revenues through circular transactions, and concealed logistics constraints affecting Q4 2025.
SESSES.WSsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Nektar Therapeutics Faces Securities Fraud Suit Over Clinical Trial Protocol Violations

Nektar Therapeutics faces securities class action lawsuit alleging REZOLVE-AA trial enrolled four ineligible patients, masking disappointing efficacy results.
NKTRsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Upstart Securities Class Action Moves Forward as Rosen Law Urges UPST Investors to Act

Rosen Law Firm encourages $UPST investors to join class action lawsuit over alleged false statements about Model 22 AI tool. Lead plaintiff deadline June 8, 2026.
UPSTsecurities class actionlead plaintiff deadline
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Globant Faces Class Action Over $1B Latin America Strategy Misrepresentations

Rosen Law Firm filed class action against $GLOB over alleged misrepresentations regarding its $1B Latin American pivot. Lead plaintiff deadline set for June 23, 2026.
GLOBsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bernstein Liebhard Llp

POET Technologies Faces Securities Class Action Over Tax Status, Marvell Deal Misrepresentations

POET Technologies faces securities class action over alleged misrepresentations regarding tax status and Marvell Semiconductor agreement during April 2026 purchase window.
MRVLPOETsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Portnoy Law Firm

Globant Faces Class Action Over Latin America Strategy Misrepresentation

Portnoy Law Firm sues Globant on behalf of investors over alleged misrepresentation of Latin American pivot, citing hidden operational failures and workforce cuts.
GLOBsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bragar Eagel & Squire, P.C.

HTGC Faces Class Action Over Valuation Claims; Investors Have Until May 19 to Join

Hercules Capital faces class action lawsuit alleging false statements on valuations and due diligence. Investors have until May 19, 2026 to join the litigation.
HCXYHTGCsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Hercules Capital Faces Securities Lawsuit Over Valuation Claims and Portfolio Sourcing

Hercules Capital faces securities class action lawsuit alleging overstated deal sourcing and portfolio valuations. Stock fell 8% after critical February 2026 report by Hunterbrook Media.
HCXYHTGCsecurities class actionmisrepresentation
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

ODDITY Tech Stock Collapses 49% Amid AI Model Disruption, Class Action Filed

Hagens Berman sues $ODD over 49% stock collapse after AI partner algorithm changes disrupted primary ad account, causing projected 30% Q1 revenue decline.
ODDsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Globant Faces Securities Class Action Over Latin America Strategy Misrepresentation

Rosen Law Firm sues Globant ($GLOB) alleging misrepresentation of Latin American strategy success amid declining demand, client losses, and wage freezes.
RGCSESSES.WSGLOBsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Stellantis Faces Securities Fraud Suit Over Hidden Restructuring Needs

Stellantis faces class action lawsuit alleging management concealed €22B restructuring needs. Stock plunged 23.69% after February 2026 disclosure of charges and business reset.
STLAsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Snowflake Investors Face April 27 Deadline in Securities Class Action Over Misleading Statements

Rosen Law Firm urges Snowflake investors with losses exceeding $100K to seek counsel before April 27, 2026 class action deadline.
SNOWFBRTFBRTpEDRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

ImmunityBio Investors Face May Deadline in Securities Class Action Over Overstated Drug Claims

Rosen Law Firm urges ImmunityBio investors with $100K+ losses to pursue claims by May 26 deadline in class action alleging material misstatements about Anktiva capabilities.
IBRXinvestor lossessecurities class action
GlobeNewswire Inc.GlobeNewswire Inc.··Kuehn Law, Pllc

Marqeta Faces Fiduciary Duty Investigation Over Guidance Cuts, Disclosure Lapses

Kuehn Law investigates Marqeta leadership for alleged fiduciary duty breaches involving misrepresented regulatory challenges and undisclosed guidance cuts.
MQshareholder litigationmisrepresentation
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Hercules Capital Faces Class Action Over Allegations of Google Ventures Copying, Valuation Misstatements

Hercules Capital faces class action lawsuit alleging Google Ventures process copying, valuation misstatements, and improper PIK loans, triggering an 8% stock decline.
HCXYHTGCsecurities class actionmisrepresentation
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Gemini Space Station Hit With Securities Lawsuit After 75% Stock Collapse

Hagens Berman sues Gemini Space Station and founders Winklevoss over alleged IPO misrepresentation. Stock collapsed 75% following February pivot announcement; company projects $602M loss for 2025.
GEMIsecurities class actionprediction markets
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

PayPal Investors Face April 20 Deadline in Securities Fraud Class Action Over Checkout Misstatements

Rosen Law Firm urges $PYPL investors with $100K+ losses to join securities class action by April 20 deadline over alleged misleading statements about checkout business performance.
PYPLinvestor lossessecurities class action
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

PayPal Investors Face April 20 Deadline in $100K+ Loss Securities Class Action

PayPal shareholders with $100K+ losses must secure counsel before April 20, 2026 lead plaintiff deadline in securities class action alleging misrepresentations about checkout business performance.
PYPLinvestor lossessecurities class action
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Corcept Therapeutics Faces Securities Fraud Lawsuit Over Misleading FDA Claims

Law firm Levi & Korsinsky filed class action suit against $CORT alleging fraud regarding relacorilant FDA approval prospects between October 2024 and December 2025.
CORTsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky

Alight Stock Plummets 90% Amid Securities Fraud Allegations Against Executives

Alight stock plummeted 90% amid securities fraud lawsuit alleging CEO and CFO misled investors on execution and costs before their departures.
ALITsecurities fraudclass action lawsuit