Fluence Energy (FLNC) Faces Investor Scrutiny Over Accounting and Ongoing SEC Investigation, Securities Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 15, 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...
2025-04-15 5:48 PM EDT
SMTC DEADLINE ALERT: Semtech Corporation (SMTC) Investors with Losses Encouraged to Contact Hagens Berman Before Apr. 22nd Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - April 15, 2025) - Semtech Corporation (NASDAQ: SMTC) is navigating a turbulent period, facing a securities class-action lawsuit alleging investor deception regarding its CopperEdge product line. Recent comments from the company's CEO during the Q4 2025 earnings call have brought the company's close relationships with key customers into sharper focus, raising questions about prior awareness of product-related challenges. Hagens Berman is...
2025-04-15 5:42 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 15, 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...
2025-04-15 5:41 PM EDT
Lawsuit Targets Ready Capital (RC) for Misleading Statements on CRE Loans- Hagens Berman
San Francisco, California--(Newsfile Corp. - April 15, 2025) - New York-based real estate finance company Ready Capital Corporation (NYSE: RC) is facing heightened scrutiny as it is now the subject of a securities class-action lawsuit. Hagens Berman is investigating the alleged claims and urges investors who purchased Ready Capital shares and suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the firm's investigation to...
2025-04-15 5:40 PM EDT
Maravai LifeSciences (MRVI) Earnings Call Raises Questions Amid Legal Allegations - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 10, 2025) - Shares of Maravai LifeSciences Holdings (NASDAQ: MRVI) fell nearly 6% on March 19, 2025, following revelations that the company's financial reporting contained material weaknesses. This decline adds to a 21% plunge on February 25, when Maravai postponed its fourth-quarter and full-year 2024 earnings release. The developments have sparked a securities class action lawsuit alleging the company misled investors about its internal...
2025-04-10 8:37 AM EDT
Semtech (SMTC) CEO Acknowledges CopperEdge Delays Amid Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 10, 2025) - Semtech Corporation (NASDAQ: SMTC) is navigating a turbulent period, facing a securities class-action lawsuit alleging investor deception regarding its CopperEdge product line. Recent comments from the company's CEO during the Q4 2025 earnings call have brought the company's close relationships with key customers into sharper focus, raising questions about prior awareness of product-related challenges. Hagens Berman is...
2025-04-10 8:33 AM EDT
Zynex, Inc. (ZYXI) Shares Under Pressure Amid Tricare Payment Halt, Dim Outlook, and Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 10, 2025) - Shares of Zynex Inc. (NASDAQ: ZYXI), a medical device manufacturer specializing in nerve stimulation products, are trading down 65% over the past month, as the company grapples with a confluence of financial setbacks, regulatory scrutiny, and a pending investor class action. Hagens Berman is investigating claims for alleged violations of the U.S. securities laws and urges investors who purchased Zynex securities and suffered...
2025-04-10 8:27 AM EDT
enCore Energy (EU) Offloads New Mexico Assets Amidst Securities Fraud Allegations, Financial Reporting Scrutiny - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 10, 2025) - enCore Energy Corp. (NASDAQ: EU), a uranium extraction firm branding itself as "America's Clean Energy Company," has recently divested its New Mexico uranium projects in a strategic move that coincides with mounting legal challenges and a sharp decline in investor confidence. Prominent investor rights firm Hagens Berman is investigating the claims and urges investors who purchased enCore Energy shares and suffered substantial...
2025-04-10 8:22 AM EDT
TMDX DEADLINE ALERT: TransMedics Group (TMDX) Investors with Losses Encouraged to Contact Hagens Berman Before Apr. 15th Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - April 9, 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...
2025-04-09 4:17 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 8, 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...
2025-04-08 1:55 PM EDT
Bancorp (TBBK) Misses Restatement Deadline, Faces Nasdaq Non-Compliance Notice Amid Investor Lawsuit- Hagens Berman
San Francisco, California--(Newsfile Corp. - April 8, 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...
2025-04-08 1:51 PM EDT
Ready Capital Corporation (RC) Slashes Book Value and Dividend, Reveals CRE Problems; Securities Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 8, 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...
2025-04-08 1:50 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 8, 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...
2025-04-08 1:44 PM EDT
TMDX DEADLINE ALERT: TransMedics Group (TMDX) Investors with Losses Encouraged to Contact Hagens Berman Before Apr. 15th Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - April 5, 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...
2025-04-05 8:05 AM EDT
XP Inc. (XP) Faces Scrutiny After Short Seller Alleges Company Operates A "Madoff-like" Ponzi Scheme - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 4, 2025) - On March 12, 2025, investors in XP Inc. (NASDAQ: XP), who purports to be "a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil," saw the price of their shares decline over 5% after a short-seller published a report titled "XP's (NASDAQ: XP) Entire Profits Are Dependent on What Insiders Call a 'Madoff-Like Ponzi Scheme.'" Prominent investor rights firm Hagens Berman is...
2025-04-04 1:37 PM EDT
Zynex, Inc. (ZYXI) Shares Under Pressure Amid Tricare Payment Halt, Dim Outlook, and Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 4, 2025) - Shares of Zynex Inc. (NASDAQ: ZYXI), a medical device manufacturer specializing in nerve stimulation products, are trading down 65% over the past month, as the company grapples with a confluence of financial setbacks, regulatory scrutiny, and a pending investor class action. Hagens Berman is investigating claims for alleged violations of the U.S. securities laws and urges investors who purchased Zynex securities and suffered...
2025-04-04 11:38 AM EDT
enCore Energy (EU) Offloads New Mexico Assets Amidst Securities Fraud Allegations, Financial Reporting Scrutiny - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 4, 2025) - enCore Energy Corp. (NASDAQ: EU), a uranium extraction firm branding itself as "America's Clean Energy Company," has recently divested its New Mexico uranium projects in a strategic move that coincides with mounting legal challenges and a sharp decline in investor confidence. Prominent investor rights firm Hagens Berman is investigating the claims and urges investors who purchased enCore Energy shares and suffered substantial...
2025-04-04 11:28 AM EDT
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