News Board

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

West Pharmaceutical diagnosed strong demand for its high-value products. But investors say the company was just injecting false hope—especially after its stock plunged nearly 40% in early 2025. Now, a class-action lawsuit is taking aim at the company to recover investors’ losses. According to the complaint, West claimed it had clear visibility into customer demand....Read more

Civitas Resources promised energy for the future — but now, it’s shareholders who are feeling burned out. After touting strong production in Colorado and Texas, the company’s stock dropped more than 18% overnight, falling to just over $40 per share. The reason? A financial report that struck a different tone — and now, investors are...Read more

Gonzalez v. Intellia Therapeutics, Inc., et al., case no. 1:25-cv-10353-DJC, is a securities fraud lawsuit currently pending before Judge Denise J. Casper in the U.S. District Court for the District of Massachusetts. The complaint alleges that Intellia misled investors about the viability of its gene-editing therapy, NTLA-3001, and that when the truth came out, the...Read more

Meza v. Constellation Brands, Inc., et al is a securities fraud case currently pending before Judge Elizabeth A. Wolford in the U.S. District Court for the Western District of New York.  The case alleges Constellation Brands and certain of its officers made materially false and misleading statements, in violation of federal securities laws.  These allegedly...Read more

Dabestani v. Geron Corp., et al. and Potvin v. Geron Corp., et al are securities fraud cases pending before Hon. Charles R. Breyer in the U.S. District Court, Northern District of California.  The case alleges Geron and certain of its executives violated federal securities laws by making false or misleading statements about the revenue outlook...Read more

A settlement has been reached and was preliminarily approved on April 30, 2025. The settlement provides for the payment of $23 million to eligible class members. Lead plaintiff Serap Lokman alleged violations of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 based on the defendants’ alleged false and misleading statements concerning Azure’s...Read more

A settlement has been reached and was preliminarily approved on May 8, 2025. The settlement provides for the payment of $7.75 million to eligible class members. Lead plaintiff Howard M. Rensin, Trustee of the Rensin Joint Trust, alleged violations of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 based on the defendants’...Read more

On May 15, 2025, the Honorable Judge Jennifer L. Rochon, United States District Court Judge for the Southern District of New York granted final approval of the settlement in the Grab matter. The settlement provides for the payment of $80 million to eligible class members. Co-lead plaintiff SLG Cloudbank Holdings, LLC alleged violations of §§...Read more

On May 2, 2025, Eduard Korsinsky, a founding partner at Levi & Korsinsky, published an analysis in Law360 advocating for justice-centered reforms in mass arbitration. In the article, Korsinsky critiqued proposed changes that would impose barriers on consumer claims, arguing that such measures risk entrenching corporate impunity rather than addressing inefficiencies. Drawing from recent high-profile...Read more

 Canopy Growth gave investors a major high when it said it was rolling in the green and margins were expanding.  So, it was a big buzz kill when investors discovered not only were Canopy’s margins down, but its shipping costs were out of control, too.  Disappointed investors burned their Canopy shares, sending the stock’s price...Read more

Solaris Energy left investors in the dark when it bought out a company with no employees, no turbines, and no track record.  When investors saw the light, they shut off their Solaris shares, sending the stock’s price crashing almost seventeen percent.  Now, some investors have filed a class action against the Company.  Solaris Energy provides...Read more

When Sana announced it ran out of cash to research its cancer drugs, investors ran out of patience.  Investors dumped their shares, causing Sana’s stock price to fall 10%.  Now, Sana’s shareholders are fighting back with a class-action. In 2023, Sana had three major drug candidates, including two cancer-fighting agents.  Sana told investors it had...Read more