News Board

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

Manhattan Associates’ left investors speechless when it missed its financial projections and slashed its guidance.  Shocked investors quickly dumped their shares and Manhattan’s stock went into freefall, losing 25% in just a day.  Now, investors are taking legal action.    In October 2024, Manhattan announced its revenue projections for the coming year.  The Company expressed confidence...Read more

Levi & Korsinsky hereby provides this Summary Notice as order by the Court of Chancery of the State of Delaware: Summary Notice   

On March 25, 2025, the Hon. R. Gary Klausner of the U.S. District Court, Central District of California appointed Wayne Kilthau lead plaintiff in a securities class-action against Kaspi.Kz.  Judge Klausner appointed Levi & Korsinsky lead counsel in the case, finding “Levi & Korsinsky has extensive experience prosecuting complex securities class actions.”  Plaintiffs allege Kaspi.Kz...Read more

Investors soured on Constellation Brands after it missed it missed its sales slumped and it missed its financial guidance.   Shareholders “poured out” their shares, causing Constellation’s stock price to plunge 17%.  Some investors have filed a class-action to recover their losses.   Constellation Brands produces and sells beer, wine, and spirits in several countries.  Throughout 2023, the...Read more

Investors and analysts were shocked when the Trade Desk revealed its revenue plummeted after it botched the rollout of its new AI technology.  Furious investors quickly dumped their shares, causing Trade Desk’s stock price to plunge 32%.  Now, investors are taking legal action against the Company.   The Trade Desk is a digital marketing company that...Read more