News Board

After shares in Super Micro Computer, Inc. fell 21% overnight in August, 2024, shareholders waved the red flag and filed a class action lawsuit against the company. SMCI makes and develops various computing technologies. For years, the Company consistently issued glowing financial projections to investors. Those statements short-circuited when, in August 2024, a short seller...Read more

Spire Global, Inc. shareholders recently filed a lawsuit against the satellite data and analytics company when Spire’s sky-high projections ended in a financial crash-landing. After Spire’s executives revealed that the Company was using dodgy data and analytics to make financial projections, Spire’s shares plummeted 33% overnight, causing heavy losses for shareholders. According to the recently...Read more

Verve Therapeutics, Inc. broke investors’ hearts when its clinical trials of a novel drug flatlined.  Now investors are returning the heartache, filing a class action lawsuit alleging that Verve executives knowingly misrepresented various aspects of the clinical trials. Verve Therapeutics is a genetic medicine company specializing in cardiovascular care.  In 2022, Verve announced the “Heart...Read more

If you enjoy receiving unsolicited marketing calls and emails, you can thank your friends at ZoomInfo Technologies. This software and data company’s principal product is a data platform that provides customer contact and business information to sales and marketing teams. It may annoy consumers, but it’s good business- or it at least it was until...Read more

DexCom, Inc. develops, manufactures, and distributes continuous glucose monitoring systems for diabetes management. In the United States, about eleven percent of the population has diabetes, so DexCom seemed like a solid investment to many. That is, until July 2024, when DexCom announced disappointing financial results, and its stock price plummeted over 40 percent. Now shareholders...Read more

Advances in biotechnology can have amazing results for patients, but bringing a drug to market can be a risky business for companies and investors. And the risks don’t end once a therapy is on the market, as investors in Ardelyx, Inc. learned when they lost over thirty percent of their investments. These shareholders claim that...Read more

Stellantis designs, engineers, manufactures, distributes, and sells such well-known vehicle brands as Maserati, Alfa Romeo, Jeep, Dodge, Ram, Chrysler, Fiat, Peugeot, and Vauxhall, but shareholders claim they were sold a lemon. The wheels came off in July 2024, when Stellantis announced its first half 2024 financial results, which included a fourteen percent drop in net...Read more

The internet has been having a good laugh at the expense of shopping platform Temu nearly since its inception, and memes abound comparing advertising photos to the unrecognizable products that customers actually received. But one corner of the internet isn’t laughing- the investors in PPD Holdings Inc., the company that owns Temu. They say that...Read more

When Symbotic published their third quarter results, investors’ hopes crashed along with the Company’s stock price. Symbotic’s third quarter earnings before interest, taxes, depreciation, and amortization had been reduced more than forty-six percent. New shareholders are signing up every day for a recently filed class action lawsuit in the hopes of recovering some of what...Read more

Nano Nuclear Energy, Inc., or “NNE”, brands itself as an early-stage nuclear energy company, but shareholders have branded the company a massive fraud and filed a class action lawsuit. If you think you have been affected, sign up to join the lawsuit.

Edward M. Doller v. Hertz Global Holdings, Inc. et al., 2:24-cv-00513-JLB-KCD is a lawsuit currently pending in the United States District Court for the Middle District of Florida. The action was filed on behalf of investors in Hertz Global Holdings, Inc. (NASDAQ: HTZ) who allegedly suffered losses due to securities fraud by the company. On...Read more

A class action lawsuit was recently filed on behalf of investors in Maplebear Inc. d/b/a Instacart (NASDAQ:CART) who allegedly suffered losses due to securities fraud by the company. The lawsuit (Stephens v. Maplebear Inc., et al., 24-cv-00465-EJD) is currently pending in the United States District Court for the Northern District of California. On July 1,...Read more

Lucid Alternative Fund, LP v. Innoviz Technologies Ltd., et al., 1:24-cv-01971-AT is a lawsuit currently pending in the United States District Court for the Southern District of New York. The action was filed on behalf of investors in Innoviz Technologies Ltd. (NASDAQ: INVZ) who allegedly suffered losses due to securities fraud by the company. On...Read more

Levi & Korsinsky (“L&K”) has once again been recognized by Institutional Shareholder Services Securities Class Action Services (“ISS SCAS”) as one of the top 50 plaintiffs’ firms in the United States, recovering over $133 million for investors in securities-related class action settlements in 2023. On April 22, 2024, ISS SCAS released its “Top Plaintiff Law...Read more

Neilsen v. Lantronix, Inc., et al., 8:24-cv-00385-FWS-JDE is a lawsuit currently pending in the United States District Court for the Central District of California. The action was filed on behalf of investors in Lantronix, Inc. (NASDAQ: LTRX) who allegedly suffered losses due to securities fraud by the company. On May 7, 2024, United States District...Read more