Semtech Corporation (SMTC) Shares Plummeted 30% In February On CopperEdge(TM) Revelations, Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 3, 2025) - A class action lawsuit has been filed against Semtech Corporation (NASDAQ: SMTC), a prominent high-performance, semiconductor, Internet of Things systems and cloud connectivity service provider, alleging that the company misled investors about the suitability of- and the ramp-up schedule for- its CopperEdge™ product portfolio. The suit, captioned Kleovoulos v. Semtech Corporation, et al., No. 2:25-cv-01474 (C.D. Cal.), represents...
2025-04-03 2:09 PM EDT
Maravai LifeSciences Holdings, Inc. (MRVI) Admits to Incorrect Revenue Recognition, Ineffective Internal Controls; Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 3, 2025) - On Mar. 19, 2025, the price of Maravai LifeSciences (NASDAQ: MRVI) shares fell almost 6% after the company warned investors against relying on previously filed financial statements. This move lower follows a 21% drop on Feb. 25, 2025 after the company postponed its Q4 and FY 2024 earnings release and investor conference call. A class action lawsuit has been filed against Maravai, a global provider of life science reagents and...
2025-04-03 1:55 PM EDT
TransMedics Group (TMDX) Financial Success Faces Legal Scrutiny Amid Allegations - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 3, 2025) - TransMedics Group, Inc. (NASDAQ: TMDX) reported blockbuster Q4 2024 earnings in late February 2025, booking $121.6 million in revenue (up 50% year-over-year) and $35.5 million in full-year net income, fueled by surging adoption of its OCS devices. Despite these positive results, TMDX stock continues to trade significantly below its 2024 highs, as the earnings report arrives amid explosive allegations from short-seller Scorpion...
2025-04-03 1:45 PM EDT
TransMedics Group (TMDX) Shares Down 60% From Class Period High, Class-Action Suit Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 1, 2025) - A class-action lawsuit has been filed against the medical technology company, which specializes in organ transplant therapy, alleging that the company and certain executives engaged in fraudulent practices and concealed safety issues. The suit, captioned Jewik v. TransMedics Group, Inc., No. 25-cv-10385 (D. Mass.), represents investors who purchased or acquired TransMedics Group, Inc. (NASDAQ: TMDX) securities between February 28,...
2025-04-01 2:01 PM EDT
AppLovin Corporation (APP) Market Value Craters $20 Billion On March 27 After Muddy Waters Takes Aim, Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 1, 2025) - On March 27, 2025, investors in AppLovin (NASDAQ: APP) saw the price of their shares drop $65.92, wiping out about $20 billion of the company's market value, after prominent short seller Muddy Waters Research revealed its short position in the stock. Muddy Waters' report comes on the heels of a recently filed securities class action lawsuit, captioned Quiero v. AppLovin Corporation, et al., No. 4:25-cv-02294 (N.D. Cal.). The suit...
2025-04-01 1:54 PM EDT
Fluence Energy (FLNC) Faces Investor Scrutiny Over Accounting and Ongoing SEC Investigation, Securities Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 1, 2025) - A securities class action lawsuit, captioned Abramov v. Fluence Energy, Inc., et al., No. 1:25-cv-00444 (E.D. Va.), has been filed. The suit seeks to represent investors who purchased Fluence Energy, Inc. (NASDAQ: FLNC) common stock between November 29, 2023 and February 10, 2025. Hagens Berman's investigation into the claims is ongoing and the firm urges investors who purchased Fluence Energy common stock and suffered substantial...
2025-04-01 1:47 PM EDT
Bancorp (TBBK) Misses Restatement Deadline, Faces Nasdaq Non-Compliance Notice Amid Investor Lawsuit- Hagens Berman
San Francisco, California--(Newsfile Corp. - April 1, 2025) - The Bancorp, Inc. (NASDAQ: TBBK) has failed to meet its self-imposed deadline to restate its financial reports, triggering a Nasdaq non-compliance notice and escalating investor concerns already inflamed by a securities class action suit. The company, which had initially indicated it would file its delayed Annual Report within the 15-day extension granted by Rule 12b-25, has yet to provide an explanation for its failure to do so as...
2025-04-01 1:46 PM EDT
Ready Capital Corporation (RC) Faces Securities Class Action Over Concealing Loan Portfolio Risks - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 1, 2025) - A securities class action lawsuit has been filed against Ready Capital Corporation (NYSE: RC) after the company reported dismal financial results and shed light on its true asset quality. The suit, captioned Quinn v. Ready Capital Corporation, et al., No. 1:25-cv-01883 (S.D.N.Y.), seeks to represent investors who purchased shares of Ready Capital between November 7, 2024 and March 2, 2025. Hagens Berman is investigating the alleged...
2025-04-01 1:41 PM EDT
Semtech Corporation (SMTC) Shares Plummeted 30% In February On CopperEdge(TM) Revelations, Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 27, 2025) - A class action lawsuit has been filed against Semtech Corporation (NASDAQ: SMTC), a prominent high-performance, semiconductor, Internet of Things systems and cloud connectivity service provider, alleging that the company misled investors about the suitability of- and the ramp-up schedule for- its CopperEdge™ product portfolio. The suit, captioned Kleovoulos v. Semtech Corporation, et al., No. 2:25-cv-01474 (C.D. Cal.), represents...
2025-03-27 5:10 PM EDT
Maravai LifeSciences Holdings, Inc. (MRVI) Admits to Incorrect Revenue Recognition, Ineffective Internal Controls; Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 27, 2025) - On Mar. 19, 2025, the price of Maravai LifeSciences (NASDAQ: MRVI) shares fell almost 6% after the company warned investors against relying on previously filed financial statements. This move lower follows a 21% drop on Feb. 25, 2025 after the company postponed its Q4 and FY 2024 earnings release and investor conference call. A class action lawsuit has been filed against Maravai, a global provider of life science reagents and...
2025-03-27 5:01 PM EDT
enCore Energy (EU) Faces Securities Class Action as Investors Scrutinize Financial Reporting and Leadership Shakeup - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 27, 2025) - A securities class action has been filed against enCore Energy Corp. (NASDAQ: EU), a uranium extraction company positioning itself as "America's Clean Energy Company," which saw its stock plummet 46% on Mar. 3, 2025, following a series of troubling disclosures. The suit, captioned Zhongjian v. enCore Energy Corp., et al., No. 4:25-cv-01234 (S.D. Tex.), seeks to represent investors who purchased enCore securities between March 28,...
2025-03-27 4:47 PM EDT
TransMedics Group (TMDX) Shares Down 60% From Class Period High, Class-Action Suit Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 25, 2025) - A class-action lawsuit has been filed against the medical technology company, which specializes in organ transplant therapy, alleging that the company and certain executives engaged in fraudulent practices and concealed safety issues. The suit, captioned Jewik v. TransMedics Group, Inc., No. 25-cv-10385 (D. Mass.), represents investors who purchased or acquired TransMedics Group, Inc. (NASDAQ: TMDX) securities between February 28,...
2025-03-25 6:19 PM EDT
Fluence Energy (FLNC) Faces Securities Class Action on Concerns Over Accounting and Ongoing SEC Investigation - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 25, 2025) - A securities class action lawsuit, captioned Abramov v. Fluence Energy, Inc. et al., No. 1:25-cv-00444 (E.D. Va.), has been filed. The suit seeks to represent investors who purchased Fluence Energy, Inc. (NASDAQ: FLNC) common stock between November 29, 2023 and February 10, 2025. Hagens Berman's investigation into the claims is ongoing and the firm urges investors who purchased Fluence Energy common stock and suffered substantial...
2025-03-25 3:22 PM EDT
Ready Capital Corporation (RC) Faces Securities Class Action Over Concealing Loan Portfolio Risks - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 25, 2025) - A securities class action lawsuit has been filed against Ready Capital Corporation (NYSE: RC) after the company reported dismal financial results and shed light on its true asset quality. The suit, captioned Quinn v. Ready Capital Corporation, et al., No. 1:25-cv-01883 (S.D.N.Y.), seeks to represent investors who purchased shares of Ready Capital between November 7, 2024 and March 2, 2025. Hagens Berman is investigating the...
2025-03-25 3:17 PM EDT
AppLovin Corporation (APP) Faces Securities Class Action After Losing Over $14 Billion Of Shareholder Value - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 25, 2025) - A securities class action lawsuit, captioned Quiero v. AppLovin Corporation, et al., No. 4:25-cv-02294 (N.D. Cal.), has been filed. The suit seeks to represent investors who purchased AppLovin securities between May 10, 2023 and February 25, 2025. The suit follows the publication of two adverse short seller reports on February 26, 2025 that drove the price of AppLovin (NASDAQ: APP) shares sharply lower that day. Hagens Berman is...
2025-03-25 3:13 PM EDT
enCore Energy (EU) Faces Securities Class Action As Investors Scrutinize Financial Reporting and Leadership Shakeup - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 21, 2025) - A securities class action has been filed against enCore Energy Corp. (NASDAQ: EU), a uranium extraction company positioning itself as "America's Clean Energy Company," which saw its stock plummet 46% on Mar. 3, 2025, following a series of troubling disclosures. The suit, captioned Zhongjian v. enCore Energy Corp., et al., No. 4:25-cv-01234 (S.D. Tex.), seeks to represent investors who purchased enCore securities between March 28,...
2025-03-21 2:51 PM EDT
NVO DEADLINE ALERT: Novo Nordisk (NVO) Investors with Losses Encouraged to Contact Hagens Berman Before Mar. 25th Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - March 21, 2025) - Novo Nordisk A/S (NYSE: NVO) is facing a class-action lawsuit from investors who allege the pharmaceutical giant misled them about the prospects of its experimental obesity drug, CagriSema. Hagens Berman urges investors who purchased Novo Nordisk shares and suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge of the trial and its design to contact the firm's attorneys. Class...
2025-03-21 2:48 PM EDT
CROX DEADLINE ALERT: Crocs, Inc. (CROX) Investors with Losses Encouraged to Contact Hagens Berman Before Mar. 24th Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - March 21, 2025) - nvestors in Crocs, Inc. (NASDAQ: CROX) suffered yet another loss on Oct. 29, 2024 after the company prepared investors for disappointing Q4 and FY 2024 financial results that, in turn, sent shares crashing $26.47 (-19%). According to the company, the culprit was its HEYDUDE operating segment performance. Now a class action lawsuit has been filed focused on the propriety of Crocs' disclosures about sales practices within its...
2025-03-21 2:41 PM EDT
Maravai LifeSciences Holdings, Inc. (MRVI) Faces Securities Class Action After Delaying Q4 and FY 2024 Earnings Release, Admitting to Improper Revenue Recognition - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 20, 2025) - A class action lawsuit has been filed against Maravai LifeSciences (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators. The suit, captioned Nelson v. Maravai Lifesciences Holdings, et al., No. 3:25-cv-00499-AGS-AHG (S.D. Cal.), represents investors who purchased Maravai securities between August 7, 2024 and February 24, 2025. Hagens Berman is investigating the alleged...
2025-03-20 4:29 PM EDT
Ready Capital Corporation (RC) Faces Securities Class Action Over Concealing Loan Portfolio Risks - Hagens Berman
San Francisco, California--(Newsfile Corp. - March 19, 2025) - A securities class action lawsuit has been filed against Ready Capital Corporation (NYSE: RC) after the company reported dismal financial results and shed light on its true asset quality. The suit, captioned Quinn v. Ready Capital Corporation, et al., No. 1:25-cv-01883 (S.D.N.Y.), seeks to represent investors who purchased shares of Ready Capital between November 7, 2024 and March 2, 2025. Hagens Berman is investigating the...
2025-03-19 12:46 PM EDT