Investor Lawsuit Accuses Medical Device Maker Zynex (ZYXI) of Inflating Revenue Through Excessive Shipments; Subsequent Earnings Report Reveals Significant Financial Strain- Hagens Berman
San Francisco, California--(Newsfile Corp. - May 15, 2025) - A class-action lawsuit has been filed against Zynex, Inc. (NASDAQ: ZYXI), a medical device manufacturer specializing in electrotherapy devices, alleging that the company and certain of its top executives misled investors by overstating revenue through the practice of shipping excessive and unnecessary supplies to patients. The complaint, Tuncel v. Zynex, Inc., No. 25-cv-00913, filed in the U.S. District Court for the District of...
2025-05-15 2:09 PM EDT
Compass Diversified (CODI) Faces Securities Class Action After Admitting to Accounting "Irregularities" - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 15, 2025) - A securities class action lawsuit has been filed against Compass Diversified (NYSE: CODI) and certain of its executives after the company disclosed that it would restate its 2024 financial statements due to unrecorded financing arrangements and "irregularities" within its Lugano business unit. The suit, styled Matthews v. Compass Diversified Holdings, LLC, et al., No. 8:25-cv-00981 (C.D. Cal.), seeks to represent investors who...
2025-05-15 2:08 PM EDT
Napco (NSSC) Navigates Distributor Inventory Shifts Amidst Ongoing Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 13, 2025) - Security systems manufacturer Napco Security Technologies, Inc. (NASDAQ: NSSC), already facing a securities class action lawsuit stemming from earlier disclosures about its distribution network, reported mixed results for its third quarter of fiscal year 2025 on May 5. This new development underscores the challenges the company is currently navigating amidst ongoing legal scrutiny. Hagens Berman urges Napco investors who suffered...
2025-05-13 7:31 PM EDT
TBBK 3-DAY DEADLINE ALERT: Bancorp (TBBK) Increases Provision For Consumer Fintech Loan Credit Losses, Acknowledges Internal Control Weaknesses - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 13, 2025) - A federal securities class action lawsuit is moving forward against The Bancorp, Inc. (NASDAQ: TBBK), as investors who wish to seek appointment as lead plaintiff in the case must do so by May 16, 2025. The case, captioned Linden v. The Bancorp, Inc., No. 25-cv-00326 (D. Del.), accuses the company and several of its top executives of violating the Securities Exchange Act of 1934 during a period when investors purchased or acquired...
2025-05-13 7:24 PM EDT
UnitedHealth Group (UNH) Shares Sharply Down Again After CEO Resignation, 2025 Guidance Suspension; Securities Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 13, 2025) - On May 13, 2025, investors in UnitedHealth Group (NYSE: UNH) saw the price of their shares crater as much as $65.71 (-17%) after the company announced that its CEO Andrew Witty has stepped down and that it pulled its 2025 guidance which the company issued less than one month ago. This latest development follows the filing of a securities class action lawsuit styled Faller v. UnitedHealth Group Inc., et al., No. 1:25-cv-03799...
2025-05-13 7:18 PM EDT
EU DEADLINE TODAY: enCore Energy (EU) Investors Alerted to Today's Lead Plaintiff Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - May 13, 2025) - enCore Energy Corp. (NASDAQ: EU), a company focused on the exploration and development of uranium resources, is facing a class-action lawsuit that accuses its leadership of misleading investors and failing to disclose serious financial vulnerabilities. The deadline for investors to seek appointment as lead plaintiff in the lawsuit is May 13, 2025. Hagens Berman urges enCore Energy investors who suffered substantial losses to submit...
2025-05-13 7:05 AM EDT
FLNC 4-DAY DEADLINE ALERT: Fluence Energy's (FLNC) Troubles Mount as Investors Allege Misleading Financials and Ties to Siemens, AES - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 8, 2025) - Fluence Energy, Inc. (NASDAQ: FLNC) faces mounting challenges as disappointing fiscal second-quarter results and a steep guidance revision collide with escalating legal scrutiny over alleged financial misrepresentations. The disappointing quarter arrives amid an escalating federal securities class action lawsuit, with investors accusing Fluence of painting an overly optimistic picture of its business-and the looming May 12, 2025...
2025-05-08 4:55 PM EDT
ZYXI 11-DAY DEADLINE ALERT: Zynex Hit by TriCare Suspension on Multiple Fronts: Weak Earnings and Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 8, 2025) - Medical technology company Zynex, Inc. (NASDAQ: ZYXI) is facing a double whammy linked to its dealings with TriCare, the healthcare program for the U.S. military community. The company's first-quarter 2025 results revealed a sharp downturn, largely attributed to a temporary payment suspension by one of its major payers, TriCare. Adding to the company's troubles, this very TriCare payment issue has now become central to a recently...
2025-05-08 4:37 PM EDT
Napco (NSSC) Navigates Distributor Inventory Shifts Amidst Ongoing Investor Lawsuit- Hagens Berman
San Francisco, California--(Newsfile Corp. - May 6, 2025) - Security systems manufacturer Napco Security Technologies, Inc. (NASDAQ: NSSC), already facing a securities class action lawsuit stemming from earlier disclosures about its distribution network, reported mixed results for its third quarter of fiscal year 2025 on May 5. This new development underscores the challenges the company is currently navigating amidst ongoing legal scrutiny. Hagens Berman urges Napco investors who suffered...
2025-05-06 7:17 PM EDT
EU 1-WEEK DEADLINE ALERT: enCore Energy (EU) Faces Investor Lawsuit Amid Financial Reporting Woes, Leadership Shakeup; EU Investors with Losses Encouraged to Contact Hagens Berman
San Francisco, California--(Newsfile Corp. - May 6, 2025) - A class-action lawsuit has been filed against enCore Energy Corp. (NASDAQ: EU), a uranium exploration and development company, alleging violations of the Securities Exchange Act of 1934. The suit, Zhongjian v. enCore Energy Corp., No. 25-cv-01234 (S.D. Tex.), represents investors who purchased enCore securities between March 28, 2024, and March 2, 2025. Hagens Berman is investigating the claims and urges investors who purchased...
2025-05-06 4:27 PM EDT
TBBK 10-DAY DEADLINE ALERT: Bancorp (TBBK) Increases Provision For Consumer Fintech Loan Credit Losses, Acknowledges Internal Control Weaknesses - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 6, 2025) - On April 7, 2025, The Bancorp, Inc. (NASDAQ: TBBK) belatedly filed its amended annual report, in which it disclosed previously omitted crucial information to investors, escalating investor concerns already inflamed by asset quality matters alleged in a securities class action suit. The suit, captioned Linden v. The Bancorp, Inc., et al., No. 1:25-cv-00326-JLH (D. Del.), seeks to represent investors who purchased Bancorp securities...
2025-05-06 4:21 PM EDT
MRVI DEADLINE ALERT: Maravai LifeSciences (MRVI) Investors with Losses Encouraged to Contact Hagens Berman Before May 5th Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - May 4, 2025) - Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) reported its fourth-quarter 2024 earnings, missing analyst expectations and prompting a significant downward revision of its price target by at least one firm. The company is also facing a securities class action lawsuit alleging improper accounting. Hagens Berman is investigating the alleged claims and urges Maravai investors who suffered substantial losses to submit your losses...
2025-05-04 8:36 PM EDT
FLNC DEADLINE ALERT: Fluence Energy's (FLNC) Troubles Mount as Investors Allege Misleading Financials and Ties to Siemens, AES - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 4, 2025) - Prominent shareholder rights firm Hagens Berman notifies investors that class action litigation has been filed against Fluence Energy, Inc. (NASDAQ: FLNC) and certain of the Company's senior executives for potential violations of the federal securities laws. Investors have until May 12, 2025, to ask the Court to be appointed to lead the case. Hagens Berman urges investors who purchased Fluence Energy common stock and suffered...
2025-05-04 8:33 PM EDT
RC FINAL DEADLINE ALERT: Class Period Expanded in Ready Capital (RC) Securities Class Action, Investors with Losses Encouraged to Contact Hagens Berman Before May 5th Deadline
San Francisco, California--(Newsfile Corp. - May 4, 2025) - Ready Capital Corporation (NYSE: RC), a New York-based real estate finance firm, is grappling with intensifying investor scrutiny after being named in two securities class-action lawsuits that have cast a shadow over its financial reporting and sent its stock tumbling. Most recently, on April 23, 2025, a second lawsuit, styled Goebel v. Ready Capital Corporation, et al., No. 1:25-cv-03373 (S.D.N.Y.) alleges an expanded class period....
2025-05-04 8:31 PM EDT
APP FINAL DEADLINE ALERT: AppLovin (APP) Investors with Losses Encouraged to Contact Hagens Berman Before May 5th Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - May 4, 2025) - Just months after basking in the glow of a meteoric 700% stock surge, fueled by investor enthusiasm for its artificial intelligence technology and burgeoning ad business, AppLovin Corp. (NASDAQ: APP) is facing a shift in sentiment on Wall Street. Several prominent investment banks have significantly lowered their expectations for the stock following the release of multiple critical reports from short-selling firms about the mobile...
2025-05-04 8:28 PM EDT
RBC Capital Further Trims Zynex (ZYXI) Target, Investor Lawsuit Looms - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 2, 2025) - Zynex, Inc. (NASDAQ: ZYXI), the Denver-based medical technology firm, is facing a deepening vortex of financial, regulatory and legal challenges, with RBC Capital Markets reportedly further reducing its outlook on the company's stock. The company faces added pressure from a recently filed securities class action lawsuit, alleging the company made false and misleading statements regarding its revenue recognition practices and its...
2025-05-02 8:55 AM EDT
Bancorp (TBBK) Increases Provision For Consumer Fintech Loan Credit Losses, Acknowledges Internal Control Weaknesses- Hagens Berman
San Francisco, California--(Newsfile Corp. - May 2, 2025) - On April 7, 2025, The Bancorp, Inc. (NASDAQ: TBBK) belatedly filed its amended annual report, in which it disclosed previously omitted crucial information to investors, escalating investor concerns already inflamed by asset quality matters alleged in a securities class action suit. The suit, captioned Linden v. The Bancorp, Inc., et al., No. 1:25-cv-00326-JLH (D. Del.), seeks to represent investors who purchased Bancorp securities...
2025-05-02 8:52 AM EDT
enCore Energy (EU) Faces Investor Lawsuit Amid Financial Reporting Woes, Leadership Shakeup; EU Investors with Losses Encouraged to Contact Hagens Berman Before May 13th Deadline
San Francisco, California--(Newsfile Corp. - May 2, 2025) - A class-action lawsuit has been filed against enCore Energy Corp. (NASDAQ: EU), a uranium exploration and development company, alleging violations of the Securities Exchange Act of 1934. The suit, Zhongjian v. enCore Energy Corp., No. 25-cv-01234 (S.D. Tex.), represents investors who purchased enCore securities between March 28, 2024, and March 2, 2025. Hagens Berman is investigating the claims and urges investors who purchased...
2025-05-02 8:48 AM EDT
RC 3-DAY DEADLINE ALERT: Class Period Expanded in Ready Capital (RC) Securities Class Action, Investors with Losses Encouraged to Contact Hagens Berman Before May 5th Deadline
San Francisco, California--(Newsfile Corp. - May 2, 2025) - Ready Capital Corporation (NYSE: RC), a New York-based real estate finance firm, is grappling with intensifying investor scrutiny after being named in two securities class-action lawsuits that have cast a shadow over its financial reporting and sent its stock tumbling. Most recently, on April 23, 2025, a second lawsuit, styled Goebel v. Ready Capital Corporation, et al., No. 1:25-cv-03373 (S.D.N.Y.) alleges an expanded class period....
2025-05-02 8:44 AM EDT
Fluence Energy's (FLNC) Troubles Mount as Investors Allege Misleading Financials and Ties to Siemens, AES - Hagens Berman
San Francisco, California--(Newsfile Corp. - April 29, 2025) - Prominent shareholder rights firm Hagens Berman notifies investors that class action litigation has been filed against Fluence Energy, Inc. (NASDAQ: FLNC) and certain of the Company's senior executives for potential violations of the federal securities laws. Investors have until May 12, 2025, to ask the Court to be appointed to lead the case. Hagens Berman urges investors who purchased Fluence Energy common stock and suffered...
2025-04-29 11:21 AM EDT