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ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Viatris Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – VTRS
GlobeNewswire News Room· 2025-04-19 13:38
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Viatris Inc. securities between August 8, 2024, and February 26, 2025, of the June 3, 2025, deadline to become lead plaintiffs in a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Viatris securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by June 3, 2025, to serve as lead plaintiff [2] - The lawsuit alleges that Viatris provided misleading information regarding the failed inspection of its Indore, India facility, including the impact of an FDA Warning Letter that restricted shipments of eleven products [4][5] Group 2: Misleading Statements - Defendants allegedly made materially false statements and concealed adverse facts about the financial impact of the FDA Warning Letter on Viatris [5] - The lawsuit claims that the lack of disclosure regarding the inspection timeline, remediation efforts, and the financial implications led to investors purchasing securities at artificially inflated prices [5] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [3]
ROSEN, A LEADING LAW FIRM, Encourages Firsthand Technology Value Fund, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SVVC
GlobeNewswire News Room· 2025-04-18 21:37
Core Viewpoint - A class action lawsuit has been filed against Firsthand Technology Value Fund, Inc. for alleged misleading statements and actions that resulted in significant shareholder losses during the Class Period from January 1, 2021, to November 14, 2023 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the Fund's managers destroyed over $200 million in shareholder value and inflated the value of remaining investments using implausible valuation methodologies [5]. - It is alleged that these fraudulent valuations were incorporated into the Fund's publicly stated net asset value (NAV), misleading investors about the true value of their shares [5]. - As a result of these actions, purchasers of the Fund's shares during the Class Period experienced significant inflation in market price due to the fraudulent NAVs [5]. Group 2: Participation Information - Shareholders who purchased Firsthand Technology securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm for more information [3][6]. - A lead plaintiff must file a motion with the Court by May 20, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
ROSEN, A LEADING LAW FIRM, Encourages Maravai Lifesciences Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MRVI
GlobeNewswire News Room· 2025-04-18 00:47
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Maravai Lifesciences Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on May 5, 2025 [1]. Group 1: Class Action Details - Investors who purchased Maravai securities between August 7, 2024, and February 24, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is May 5, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 and has been ranked highly for its performance in securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Maravai made false and misleading statements regarding its financial reporting, including inadequate internal controls and overstated goodwill, which misled investors about the company's business prospects [5].
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages BigBear.ai Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BBAI
GlobeNewswire News Room· 2025-04-17 22:10
Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for alleged misleading statements and accounting errors during the Class Period from March 31, 2022, to March 25, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BigBear.ai made false and misleading statements regarding its accounting practices, particularly related to the 2026 Convertible Notes [5]. - Specific allegations include deficiencies in accounting review policies and improper accounting for the conversion option within the 2026 Convertible Notes, which led to misstated financial statements [5]. - The lawsuit asserts that these inaccuracies would likely require restatements of financial statements and could delay filings with the SEC, causing investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased BigBear.ai securities during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by June 10, 2025, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 alone [4]. - The firm has been recognized for its success in securities class action settlements and has a history of representing investors globally [4].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages The Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TBBK
GlobeNewswire News Room· 2025-04-16 16:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of The Bancorp, Inc. during the specified class period of the upcoming lead plaintiff deadline on May 16, 2025, and highlights the potential for compensation without out-of-pocket costs through a contingency fee arrangement [1][2]. Group 1: Class Action Details - Investors who purchased Bancorp securities between January 25, 2024, and March 4, 2025, may be eligible to join the class action lawsuit [1][2]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by the May 16, 2025 deadline [2]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, noting that many firms lack the necessary experience and resources [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [3]. Group 3: Case Allegations - The lawsuit alleges that Bancorp made false and misleading statements regarding its real estate bridge loan portfolio, credit loss methodology, internal controls, and financial statement approvals, which misled investors about the company's business and prospects [4]. - The claims suggest that these misrepresentations led to a reasonable likelihood of increased provisions for credit losses and ultimately caused investor damages when the true information was revealed [4].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Atkore Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action – ATKR
GlobeNewswire News Room· 2025-04-16 00:30
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Atkore Inc. common stock between August 2, 2022, and February 3, 2025, of the April 23, 2025, deadline to become a lead plaintiff in a class action lawsuit related to alleged misleading statements and anticompetitive practices by Atkore [1][4]. Group 1: Class Action Details - Investors who bought Atkore common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by April 23, 2025, to serve as lead plaintiff [2]. - The lawsuit alleges that Atkore engaged in a price-fixing scheme that artificially inflated the prices of PVC pipes, leading to significant financial benefits that were unsustainable [4]. Group 2: Allegations Against Atkore - The lawsuit claims that Atkore's price-fixing scheme was exposed, resulting in a substantial decrease in the price of PVC pipes and negatively impacting the company's business and operations [4]. - Defendants allegedly made false and misleading statements regarding Atkore's business prospects, which lacked a reasonable basis during the Class Period [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Game of Silks NFT Investors to Secure Counsel Before Important Deadline in Securities Class Action
GlobeNewswire News Room· 2025-04-14 23:05
Core Viewpoint - Rosen Law Firm is reminding purchasers of Game of Silks NFTs about the April 25, 2025 lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors without upfront costs [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against Game of Silks, and interested parties can join by contacting Rosen Law Firm [2][5]. - The lawsuit alleges that Game of Silks sold NFTs that are classified as securities under the Securities Act of 1933, which required registration statements that were never filed with the SEC [4]. - The complaint claims that Game of Silks made material misstatements and omissions regarding its business model and financial sustainability during the sale of NFTs [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [3].
VG IMPORTANT DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Venture Global, Inc. Investors to Secure Counsel Before Important April 18 Deadline in Securities Class Action – VG
GlobeNewswire News Room· 2025-04-13 19:17
Core Viewpoint - Rosen Law Firm is reminding investors who purchased stock of Venture Global, Inc. during its IPO on January 24, 2025, about the upcoming lead plaintiff deadline on April 18, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Venture Global stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 18, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that Venture Global's defendants promoted an innovative and scalable approach to liquefied natural gas (LNG) production, claiming it would allow for faster and cheaper market entry [5]. - The company discussed its five natural gas liquefaction and export projects in Louisiana, asserting that it had customer backing to implement these projects [5]. - The lawsuit claims that when the true details about the company's operations became public, investors suffered damages [5].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages AppLovin Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – APP
GlobeNewswire News Room· 2025-04-13 00:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased AppLovin Corporation securities between May 10, 2023, and February 25, 2025, about the upcoming lead plaintiff deadline of May 5, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought AppLovin securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][6] - To serve as lead plaintiff, individuals must file a motion with the court by May 5, 2025 [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that AppLovin's defendants provided misleading information regarding the company's financial growth and stability, including claims about the AXON 2.0 digital ad platform and the use of AI technologies [4] - Defendants reportedly disseminated materially false statements while concealing adverse facts, such as the use of a "backdoor installation scheme" that inflated installation numbers and profitability [5]
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Fluence Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLNC
GlobeNewswire News Room· 2025-04-12 11:15
NEW YORK, April 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Fluence Energy, Inc. (NASDAQ: FLNC) between November 29, 2023 and February 10, 2025, both dates inclusive (the “Class Period”), of the important May 12, 2025 lead plaintiff deadline. SO WHAT: If you purchased Fluence common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arran ...