Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 25, 2024) - A recently filed federal securities fraud class action complaint alleges that B. Riley Financial, Inc. (NASDAQ: RILY), through certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including: (1) that the CEO of FRG had been credibly implicated in a conspiracy to defraud investors of...
2024-03-25 8:01 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of agilon health, Inc. (AGL)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 25, 2024) - A recently filed securities complaint alleges that, at relevant times and in Secondary Public Offering materials, agilon health, inc., (NYSE: AGL) via certain of its officers and directors, misled investors about agilon's medical costs by: (1) touting the Company's purported visibility into utilization trends and medical costs; (2) failing to disclose increased medical costs that agilon had incurred due to higher utilization of...
2024-03-25 7:50 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of agilon health, inc. (AGL)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 20, 2024) - A recently filed securities complaint alleges that, at relevant times and in Secondary Public Offering materials, agilon health, inc., (NYSE: AGL) via certain of its officers and directors, misled investors about agilon's medical costs by: (1) touting the Company's purported visibility into utilization trends and medical costs; (2) failing to disclose increased medical costs that agilon had incurred due to higher utilization of...
2024-03-20 1:44 PM EDT
DocGo Inc. (DCGO) Investor Alert: Grabar Law Office Investigates Claims on Behalf Of DocGo Investors
Philadelphia, Pennsylvania--(Newsfile Corp. - March 20, 2024) - A securities fraud class action complaint was filed after the New York City's Comptroller announced that it was commencing a real-time audit of operations and invoices incurred by DocGo Inc. (NASDAQ: DCGO) as the Comptroller had "serious concerns about the selection of this vendor and its performance of contract duties." The securities fraud class action complaint alleges that DocGo, through certain of its officers and directors,...
2024-03-20 12:44 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Aldeyra Therapeutics, Inc. (ALDX)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 20, 2024) - Attention long-term shareholders of Aldeyra Therapeutics, Inc. (NASDAQ: ALDX): A recently filed securities fraud class action complaint alleges that Aldeyra Therapeutics, through certain of its officers and directors, made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, it is alleged that the Company made false and misleading statements about or failed to...
2024-03-20 9:40 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Acadia Pharmaceuticals Inc. (ACAD)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 19, 2024) - Attention long-term investors of Acadia Pharmaceuticals Inc. (NASDAQ: ACAD): A federal securities fraud complaint that filed on behalf of shareholders of Acadia Pharmaceuticals was recently certified as a class action. That complaint alleges that Acadia, via certain officers and directors, made materially false and misleading statements regarding the Company's business. Specifically, the Complaint alleges Defendants made false...
2024-03-19 8:50 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Mercury Systems, Inc. (MRCY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 19, 2024) - A recently filed securities fraud class action complaint alleges that, Mercury Systems, Inc. (NASDAQ: MRCY) through certain officers and directors, used acquisitions and improper revenue recognition practices to mask its inability to grow organically. The complaint further alleges that Defendants repeatedly misled investors to believe that their growth was organic by misrepresenting several elements of Mercury's business,...
2024-03-19 8:43 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Virtu Financial, Inc. (VIRT)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 19, 2024) - Attention long-term Virtu Financial, Inc. (NASDAQ: VIRT) shareholders. A securities fraud class action complaint alleges that Virtu Financial, Inc., via certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's...
2024-03-19 8:29 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of JBS S.A. (JBSAY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 15, 2024) - On February 28, 2024, the New York State Attorney General ("NY AG") announced that it had filed a lawsuit against JBS USA Food Company and JBS USA Food Company Holdings the American subsidiary of the world's largest producer of beef products, JBS S.A. (OTCQX: JBSAY) for misleading the public about the environmental impact of its business operations. According to the NY AG's complaint, JBS USA has made several misleading claims...
2024-03-15 8:54 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Xponential Fitness, Inc. (XPOF)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 14, 2024) - A securities fraud class action lawsuit has been filed that alleges that Xponential Fitness, Inc. (NYSE: XPOF), through certain of its officers and directors, made false and misleading statements or failed to disclose that: (1) Xponential had permanently closed at least 30 stores; (2) Xponential's reported same-store sales and average unit volume metrics had been misstated by excluding underperforming stores; (3) 8 out of 10...
2024-03-14 8:25 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Acadia Pharmaceuticals Inc. (ACAD)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 13, 2024) - A federal securities fraud complaint filed on behalf of Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) investors was recently certified as a class action. That complaint alleges that Acadia, via certain officers and directors, made materially false and misleading statements regarding the Company's business. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the...
2024-03-13 7:22 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Fox Factory Holding Corp. (FOXF)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 11, 2024) - A recently filed securities fraud class action complaint alleges that Fox Factory Holding Corp. (NASDAQ: FOXF), through certain of its officers and directors, made misleading statements and omissions regarding the Company's business, financial condition, and prospects. Specifically, the Complaint alleges Defendants misled the market concerning demand for Fox Factory's products and inventory levels and that when the truth about...
2024-03-11 8:55 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of NAPCO Security Technologies, Inc. (NSSC)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 11, 2024) - A recently filed securities fraud class action complaint alleges that NAPCO Security Technologies, Inc. (NASDAQ: NSSC), through certain of its officers and directors, made materially false and/or misleading statements and/or failed to disclose that: (1) NAPCO failed to address any material weaknesses with internal controls regarding cost of goods sold ("COGS") and inventory; (2) NAPCO downplayed the severity of material...
2024-03-11 8:51 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 11, 2024) - A recently filed federal securities fraud class action complaint alleges that B. Riley Financial, Inc. (NASDAQ: RILY), through certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including: (1) that the CEO of FRG had been credibly implicated in a conspiracy to defraud investors of...
2024-03-11 8:46 AM EDT
Grabar Law Office Investigates Claims on Behalf of Current Shareholders Veradigm, Inc. (MDRX)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 7, 2024) - A securities fraud class action lawsuit alleges that Veradigm, Inc. (OTC: MDRX), through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) Veradigm had overstated its historical revenues by at least $20 million; (ii) Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period; (iii) Veradigm...
2024-03-07 8:48 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Snowflake Inc. (SNOW)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 7, 2024) - A recently filed securities fraud class action complaint alleges that Snowflake Inc. (NYSE: SNOW), via certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake's products and services; (ii) Snowflake had provided significant discounts to its...
2024-03-07 8:42 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of NAPCO Security Technologies, Inc. (NSSC)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 6, 2024) - A recently filed securities fraud class action complaint alleges that NAPCO Security Technologies, Inc. (NASDAQ: NSSC), through certain of its officers and directors, made materially false and/or misleading statements and/or failed to disclose that: (1) NAPCO failed to address any material weaknesses with internal controls regarding cost of goods sold ("COGS") and inventory; (2) NAPCO downplayed the severity of material weaknesses...
2024-03-06 9:55 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 6, 2024) - A recently filed federal securities fraud class action complaint alleges that B. Riley Financial, Inc. (NASDAQ: RILY), through certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including: (1) that the CEO of FRG had been credibly implicated in a conspiracy to defraud investors of...
2024-03-06 9:51 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Masimo Corporation (MASI)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 5, 2024) - A securities fraud class action was recently filed that alleges that Masimo Corporation (NASDAQ: MASI), via certain of its officers and directors, concealed adverse facts related to Masimo's two core businesses - its traditional healthcare unit and its newer Sound United acquisition (non-healthcare unit). First, it is alleged that Masimo, via certain of its officers and directors, misled the market about the healthcare division's...
2024-03-05 8:25 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Fox Factory Holding Corp. (FOXF)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 5, 2024) - A recently filed securities fraud class action complaint alleges that Fox Factory Holding Corp. (NASDAQ: FOXF), through certain of its officers and directors, made misleading statements and omissions regarding the Company's business, financial condition, and prospects. Specifically, the Complaint alleges Defendants misled the market concerning demand for Fox Factory's products and inventory levels and that when the truth about Fox...
2024-03-05 8:19 AM EST