News Board

Cohen v. Quantum Computing Inc. et al, case no. 2:25-cv-01457, is a securities fraud case currently pending before Judge Jessica S. Allen in the U.S. District Court, District of New Jersey.  The lawsuit alleges Quantum and certain of its executives misled investors by overstating the capabilities of its quantum technologies and exaggerating the scope of...Read more

Krispy Krispy promised investors they’d be rolling in the dough  — but now it just finds itself in a sticky situation, leaving investors feeling glazed and confused.  Once shareholders learned their portfolios had gone stale, they tossed out their Krispy Kreme stock, sending it tumbling twenty-four percent.  Now, they’re suing for some sweet, sweet justice....Read more

Avis Budget told investors they had the roadmap to long term profits with its fleet rotation plan.  But after Avis admitted its plan hit a major bump, investors knew they’d just been taken for a ride.  Shareholders dumped their stock and Avis crashed nearly 7% in just a day.  Now, investors are taking legal action...Read more

Compass Holdings promised investors Lugano would shine like a diamond – only it was dull like a rock.  After Compass revealed it had major problems with its internal controls and Lugano’s accounting had lost its sparkle, investors found Compass’ shares lost their shine.  Shareholders raced for the exists and Compass’ stock price collapsed 62% in...Read more

It’s a breakup story gone sour. Digimarc told investors they were gonna fall hard – for big contracts, big earnings, and big momentum. But when Digimarc’s largest trading partner said it was done, Digimarc didn’t have the heart to break the news — not right away. And when investors finally found out? They walked too,...Read more

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