News Board

Rocket Pharmaceuticals told investors its lead gene therapy was ready for liftoff; but in the end it failed to launch.  After failing to disclose a major study change that led to a patient’s death and an FDA clinical hold, Rocket’s stock crashed 37%. Now, investors are suing. In early 2025, Rocket hyped its RPA-501 drug...Read more

Red Cat said it was ready to soar, telling investors it could pump out “thousands” of drones per month.  But when investors learned that was a bunch of hot air, Red Cat’s stock took a crash landing.  Now, investors are suing. In 2022, Red Cat execs told investors their Salt Lake City factor was ready...Read more

DoubleVerify told investors it had cracked digital ads. But behind the buzzwords and Meta deals, it was just a bunch of zeros.  By early 2025, the stock cratered 70%.  Now, investors are suing to recover their losses. According to the lawsuit, execs hyped their Activation Services as the future of ad targeting. They said growth...Read more

Organon promised shareholders dividends were top priority. But after those dividends got slashed to pay down debt, shareholders dumped their Organon stock — and it was the stock price that got slashed next, dropping 27%. Now, enraged investors are fighting back with a class-action lawsuit against the Company. In late 2024, Organon executives told investors...Read more

It looked like Bitfarms had its crypto books in order. But behind the scenes, the numbers were breaking down.   Once the Company admitted to investors it needed to restate years of financial reporting because of major internal accounting weaknesses, investors knew it was time to press delete on Bitfarms.  Shareholders dumped their shares and Bitfarms...Read more

Iovance Biotherapeutics told investors its cancer drug, Amtagvi, was set for mega revenue in 2025 — but all investors got was a mega letdown. After execs revealed Amtagvi’s rollout had been rolled over, investors pulled the plug, sending the stock into a 45% nosedive. Now, investors are suing. Throughout 2024, Iovance executives said the Company...Read more

The securities fraud action Barnes v. Perpetua Resources Corp. et al., Case No. 1:25‑cv‑00160‑DKG, is pending before Magistrate Judge Debora K. Grasham in the U.S. District Court for the District of Idaho. The complaint, filed March 21, 2025, alleges that Perpetua Resources Corp. and certain of its officers violated federal securities laws by making misleading statements, causing...Read more

Cohen v. Quantum Computing Inc. et al, case no. 2:25-cv-01457, is a securities fraud case currently pending before Judge Jessica S. Allen in the U.S. District Court, District of New Jersey.  The lawsuit alleges Quantum and certain of its executives misled investors by overstating the capabilities of its quantum technologies and exaggerating the scope of...Read more

Krispy Krispy promised investors they’d be rolling in the dough  — but now it just finds itself in a sticky situation, leaving investors feeling glazed and confused.  Once shareholders learned their portfolios had gone stale, they tossed out their Krispy Kreme stock, sending it tumbling twenty-four percent.  Now, they’re suing for some sweet, sweet justice....Read more

Avis Budget told investors they had the roadmap to long term profits with its fleet rotation plan.  But after Avis admitted its plan hit a major bump, investors knew they’d just been taken for a ride.  Shareholders dumped their stock and Avis crashed nearly 7% in just a day.  Now, investors are taking legal action...Read more

Compass Holdings promised investors Lugano would shine like a diamond – only it was dull like a rock.  After Compass revealed it had major problems with its internal controls and Lugano’s accounting had lost its sparkle, investors found Compass’ shares lost their shine.  Shareholders raced for the exists and Compass’ stock price collapsed 62% in...Read more

It’s a breakup story gone sour. Digimarc told investors they were gonna fall hard – for big contracts, big earnings, and big momentum. But when Digimarc’s largest trading partner said it was done, Digimarc didn’t have the heart to break the news — not right away. And when investors finally found out? They walked too,...Read more

Napco Security Technologies investors are sounding the alarm after the company’s claims about big margins turned about to be a ton of smoke.  When investors learned the truth about Napco’s empty promises, the Company’s stock fizzled out.  Now investors are fighting back with lawsuit to hold the company accountable. Throughout 2024, Napco executives painted a...Read more

Open Lending may have been in the business of protecting lenders, but now its shareholders need some protection of their own. For years, the company hyped the strength of its pricing models . . . but those models turned out to be subprime, causing things to vault out of control fast. LRPO shares nosedived more...Read more

Ibotta, Inc. may have promised cash back to consumers, but now its investors are the ones wanting some cash back. The tech firm behind digital promotions went public in April 2024 at $88 per share.  But after troubling revelations just months later, its stock price nosedived.  Now, investors are taking action with a class-action lawsuit...Read more