News Board

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

After a US Congressman made shocking allegations against TransMedics, its stock price plunged 11%.  Furious shareholders have now filed a class action lawsuit against the Company to recover their losses.   TransMedics manufactures devices necessary for cold transporting organs used in transplants.     In February 2024, Rep. Paul Gosar sent TransMedics a scathing letter accusing the Company...Read more

After PVC pipe manufacturer Atkore became the target of an antitrust lawsuit, its stock price sprung a major leak.   Irate investors dumped their shares and the Company’s stock price plunged 20%.  Now, some investors have filed a class-action to plug up their losses.     In July 2024, a shortseller report revealed price fixing in the US...Read more

News provided by Levi & Korsinsky, LLP. Law firms Grant & Eisenhofer and Levi & Korsinsky issued the following statement regarding that disposition of investor class action AST SpaceMobile, Inc., Stockholders Litigation: Notice is hereby provided to all persons holding shares of AST SpaceMobile, Inc. (Nasdaq: ASTS) who previously held shares of New Providence Acquisition...Read more

Pesticides manufacturer FMC killed investors’ hopes when it missed its revenue guidance because of sales downturn. Furious investors plucked their shares out of FMC, causing the Company’s stock price to fall 33% overnight. Some investors have filed a class-action against FMC to recover their lost “green.” In late 2023, FMC announced its annual outlook, projecting...Read more

Walker v. iLearningsEnginges, Inc., 8:24-cv-02900 is a case currently pending before Judge Deborah K. Chasanow of the U.S. District Court for the District of Maryland.  Plaintiffs in the case allege iLearning reported fraudulent revenue and expenses due to undisclosed and faked related-party transactions.   On February 27, 2025, Judge Chasanow appointed Louis Leveque as lead plaintiff...Read more

When ICON revealed a “revenue shortfall” of $100 million and slashed financial projections, investors quickly dumped their shares.  ICON’s stock price plunged 20%, prompting some investors to file a class-action lawsuit to recover their losses.  ICON is a research organization that assists biotech companies complete clinical trials.  When the pharmaceutical industry got hit with rising...Read more

Neumora shocked investors and analysts when it announced its antidepressant navacaprant flopped in clinical trials.  Shocked investors quickly sold off their shares, and Neumora’s stock price tumbled.  Some investors filed a class-action against the Company to recover their losses.   Neurmora conducted an IPO in September 2023.  At that time, the Company was conducting Phase...Read more

On February 26, 2024, Judge Sean D. Jordan of the U.S. District Court for the Eastern District of Texas consolidated three securities fraud class actions filed against DZS Inc. on behalf of shareholders.  Judge Jordan appointed Jason S. Hawke as lead plaintiff.   The Court also appointed Levi & Korsinsky as lead counsel, noting “Levi &...Read more

ModivCare made investors sick when it revealed its cash flow was on life support and the Company had liquidity problems.  After learning this news, investors rapidly dumped their shares and ModivCare’s stock price dropped 10% overnight.  Some of those investors have filed a class-action lawsuit against the Company.  ModivCare provides medical services including medical transport...Read more

Levi & Korsinsky, LLP is pleased to announce the settlement of In re: PureCycle Technologies, Inc. Derivative Litigation, a stockholder derivative suit on behalf of PureCycle Technologies, Inc. relating to, among other things, the company’s polypropylene recycling processes. Notice of Proposed Settlement Stipulation of Settlement

Investors in GSK got heartburn when they discovered the pharmaceutical giant might be on the hook for billions in a lawsuit about its drug Zantac.  Stunned investors quickly dumped their GSK shares, causing GSK’s price to drop 13% in less than a week.  Some of those investors have filed a class-action to recover their losses....Read more