News Board

Gabor v. Transocean Ltd., et al and Matteson v. Transocean Ltd., et al are securities class action cases pending before the U.S. District Court, Southern District of New York.   In both cases, Plaintiffs bring securities fraud allegations against Transocean and some of its executives.  The Plaintiffs allege defendants made false and misleading statements about Transocean’s...Read more

enCore Energy hit rock bottom when it revealed a sixty-three million loss and material weaknesses in its internal controls.  Furious investors ditched their enCore shares, crashing the Company’s stock price crashing by 46%.  Now, investors are fighting back with a class action.  enCore is a uranium energy company.  Throughout 2024, it filed SEC papers reassuring...Read more

On April 8, 2025, Levi & Korsinsky associate Michael Pollack joined the NYU Plaintiffs’ Law Association Career Panel at Vanderbilt Hall, where he outlined the Firm’s class action practice and the strategic considerations that drive plaintiff‑side litigation. Speaking alongside other practitioners, Michael discussed client interactions, long-term career strategies, motion practice, and the skills students need to succeed...Read more

Investors were left holding fool’s gold after Perpetua Resources increased capital expenses 75%, despite reassurances everything was okay  Perpetua’s stock price caved in after its investors rapidly sold off their shares, sending the Company’s shares plunging by 22%.  Now, furious investors are suing the company to recover their losses.  Perpetua is revamping an Idaho gold...Read more

Shipping giant TFI crashed out when it revealed its trucking business had been on the decline for a year, but Company executives hid the fact from stockholders.  When they learned the truth, enraged investors dumped their shares, causing TFI’s stock price to plummet 20% in just a day.  Now, those investors are fighting back with...Read more

Sarria v. Telus International (CDA) Inc., case no. 1:25-cv-00889-DM, is a case currently pending before the U.S. District Court, Southern District of New York.  The action was filed on behalf of investors in Telus International (CDA), Inc. (NYSE: TIXT) who allegedly suffered losses due to fraud committed by the Company and its executives.   On...Read more

When Geron’s revenue flatlined, investors pulled the plug on their shares, sending the Company’s stock price plummeting 32% overnight.   Now those investors are fighting back with a class-action lawsuit against Geron. Geron is a pharmaceutical company which developed the drug Rytelo.  In 2024, Geron announced it would be launching Rytelo and was confident it would...Read more

After Fluence Energy slashed its revenue guidance, many investors ditched their shares.  Fluence’s stock price crashed a whopping 47% overnight.  Now, investors are fighting back with a class-action lawsuit against the Company.   Fluence is a joint venture between Seimens and AED, which are also Fluence’s two biggest customers.  So things got bad for Fluence when...Read more

 Ready Capital’s investors weren’t ready for this bad news like this.  In March, the real estate investment company announced it wrote off hundreds of millions of dollars in bad debt.  Irate investors rushed for the exits, causing RC’s stock price to crash.  Now, those investors are fighting back with a class-action lawsuit.  In November 2024,...Read more

Investors didn’t love what they heard when they discovered AppLovin’s new AXON technology was a big fraud.  Furious investors threw their AppLovin shares in the trash, sending the Company’s stock price into freefall.  Now, some of those investors are fighting back and have filed a class-action against the Company.   In 2023, AppLovin announced AXON 2.0,...Read more

There’s no putting lipstick on this one: Elf Beauty faked its financials and shareholders are furious.  After a shortseller report revealed the cosmetics manufacturer lied about inventory levels, investors dumped their shares, causing Elf’s stock price to take a hit.  Now, some of those investors are taking legal action.    In 2023 to 2024, Elf’s executives...Read more

Investors in Maravai Lifesciences felt weak in the knees after the biotech company revealed it discovered “material weaknesses” in its financial controls.  Furious investors quickly ditched their Maravai shares and the stock’s price nosedived.  Some investors are suing the Company to recover their losses.  In August and November 2024, Maravai posted its quarterly financial results,...Read more

Quantum Computing suffered a short-circuit after a shocking report revealed the Company’s customers, contracts, and facilities were fake.  Outraged investors pulled the plug on their Quantum shares, sending the Company’s stock into a freefall.  Some of those investors are now taking legal action to recover their losses.   For years, Quantum bragged about its multi-million dollar...Read more

Skyworks Solutions slashed its projections and dashed investors’ hopes after it revealed its semiconductors won’t be used in the iPhone 17.  Stunned investors dumped their Skyworks shares causing the stock to nosedive 24%.  Now, some of those investors are taking legal action to recover their losses.   In July 2024, Skyworks’ executives told investors it...Read more

Rocket Lab USA’s stock price had a crash landing after shocking allegations revealed the Company’s Neutron system wasn’t ready for take-off.  Irate investors saw their stars fizzle out and then dumped their shares, causing Rocket Lab’s stock price plummeting 25% in just a day.  Some investors have filed a class-action to recover their losses.    In...Read more