Napco (NSSC) Under Scrutiny: Investor Suit and Sales Slump Shake Investor Confidence - Hagens Berman
San Francisco, California--(Newsfile Corp. - June 3, 2025) - Shares in Napco Security Technologies, Inc. (NASDAQ: NSSC) are trading down nearly 21% year-to-date, as the security technology company continues to face heightened scrutiny as it navigates both legal and operational challenges. Most recently, on May 5, 2025, Napco released its third-quarter financial results for fiscal year 2025, revealing mixed performance metrics amid an ongoing securities class action lawsuit that centers on its...
2025-06-03 2:01 PM EDT
Iovance's (IOVA) Promising Cell Therapy Falters Triggering UBS Downgrades and Investor Lawsuit- Hagens Berman
San Francisco, California--(Newsfile Corp. - June 3, 2025) - A year ago, Bay Area biotech firm Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) was riding high on the promise of its newly approved cell therapy, Amtagvi. Today, the mood has shifted dramatically. On May 16, 2025, UBS analysts reportedly slashed their rating on Iovance shares from Buy to Neutral and issued a stark price target cut-from $17 to just $2-citing mounting concerns over the drug's commercial rollout and the company's...
2025-06-03 1:54 PM EDT
UroGen Pharma Ltd. (URGN) Faces Securities Class Action Amid FDA's Briefing Document and Subsequent ODAC Vote Against UGN-102- Hagens Berman
San Francisco, California--(Newsfile Corp. - June 3, 2025) - A securities class action lawsuit styled Cockrell v. UroGen Pharma Ltd. et al., No. 3:25-cv-06088 (D. N.J.) has been filed and seeks to represent investors who purchased or otherwise acquired UroGen securities between July 27, 2023 and May 15, 2025. The lawsuit comes after investors saw the price of their shares in UroGen Pharma Ltd. (NASDAQ: URGN) crash on May 16, 2025 as a result of the FDA's publication of a briefing document a...
2025-06-03 1:53 PM EDT
Compass Diversified (CODI) Grapples with Financial Irregularities, Slashes Dividend Amid Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - June 3, 2025) - Shares of Compass Diversified (NYSE: CODI) plunged nearly 15 percent in intraday Wednesday trading, as the private equity firm scrambled to shore up its finances following the discovery of troubling accounting practices at one of its subsidiaries, which has sparked a securities class action. Hagens Berman is investigating the claims and urges investors who purchased Compass shares and suffered substantial losses to submit your...
2025-06-03 1:51 PM EDT
Iovance Biotherapeutics (IOVA) Faces Investor Lawsuit Over Growth Projections Following Stock Plunge - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 28, 2025) - Biotechnology firm Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) is facing a securities class action lawsuit in the Northern District of California, alleging that the company misled investors about its growth potential and ability to capitalize on demand for its cancer treatments. The case, Farberov v. Iovance Biotherapeutics, Inc., et al., centers on statements made between May 9, 2024, and May 8, 2025, a period that includes an...
2025-05-28 9:12 AM EDT
UnitedHealth Group (UNH) Faces New Allegations of Secret Payments to Nursing Homes Amidst Pending Securities Fraud Suit - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 28, 2025) - Shares of UnitedHealth Group (NYSE: UNH), the nation's largest health insurer, fell sharply on May 21, after a British newspaper reported that the company had made undisclosed payments to nursing homes in an effort to reduce hospital transfers, intensifying the scrutiny facing the healthcare conglomerate. The allegations add to UnitedHealth's woes, as the company had to grapple with the filing of a securities fraud class action, the...
2025-05-28 9:11 AM EDT
Compass Diversified (CODI) Faces Securities Class Action After Admitting to Accounting "Irregularities" - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 28, 2025) - A securities class action lawsuit has been filed against Compass Diversified (NYSE: CODI) and certain of its executives after the company disclosed that it would restate its 2024 financial statements due to unrecorded financing arrangements and "irregularities" within its Lugano business unit. The suit, styled Matthews v. Compass Diversified Holdings, LLC, et al., No. 8:25-cv-00981 (C.D. Cal.), seeks to represent investors who...
2025-05-28 9:10 AM EDT
Napco (NSSC) Under Scrutiny: Investor Suit and Sales Slump Shake Investor Confidence- Hagens Berman
San Francisco, California--(Newsfile Corp. - May 28, 2025) - Shares in Napco Security Technologies, Inc. (NASDAQ: NSSC) are trading down nearly 21% year-to-date, as the security technology company continues to face heightened scrutiny as it navigates both legal and operational challenges. Most recently, on May 5, 2025, Napco released its third-quarter financial results for fiscal year 2025, revealing mixed performance metrics amid an ongoing securities class action lawsuit that centers on its...
2025-05-28 9:09 AM EDT
Napco (NSSC) Navigates Distributor Inventory Shifts Amidst Ongoing Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 20, 2025) - Security systems manufacturer Napco Security Technologies, Inc. (NASDAQ: NSSC), already facing a securities class action lawsuit stemming from earlier disclosures about its distribution network, reported mixed results for its third quarter of fiscal year 2025 on May 5. This new development underscores the challenges the company is currently navigating amidst ongoing legal scrutiny. Hagens Berman urges Napco investors who suffered...
2025-05-20 4:55 PM EDT
UnitedHealth Group (UNH) Shares Crater Again on WSJ Report of DOJ Criminal Investigation; Securities Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 20, 2025) - On May 15, 2025, investors in UnitedHealth Group (NYSE: UNH) saw the price of their shares crater as much as $59.13 (-19%) after The Wall Street Journal reported that the company is under criminal investigation for possible Medicare fraud. This latest development comes on the heels of the filing of a securities class action suit against UnitedHealth, and just one day after its CEO Andrew Witty stepped down and the company pulled its...
2025-05-20 4:50 PM EDT
Compass Diversified (CODI) Faces Securities Class Action After Admitting to Accounting "Irregularities" - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 20, 2025) - A securities class action lawsuit has been filed against Compass Diversified (NYSE: CODI) and certain of its executives after the company disclosed that it would restate its 2024 financial statements due to unrecorded financing arrangements and "irregularities" within its Lugano business unit. The suit, styled Matthews v. Compass Diversified Holdings, LLC, et al., No. 8:25-cv-00981 (C.D. Cal.), seeks to represent investors who...
2025-05-20 4:46 PM EDT
Iovance Biotherapeutics (IOVA) Faces Investor Lawsuit Over Growth Projections Following Stock Plunge - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 20, 2025) - Biotechnology firm Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) is facing a securities class action lawsuit in the Northern District of California, alleging that the company misled investors about its growth potential and ability to capitalize on demand for its cancer treatments. The case, Farberov v. Iovance Biotherapeutics, Inc., et al., centers on statements made between May 9, 2024, and May 8, 2025, a period that includes an...
2025-05-20 4:36 PM EDT
Investor Lawsuit Accuses Medical Device Maker Zynex (ZYXI) of Inflating Revenue Through Excessive Shipments; Subsequent Earnings Report Reveals Significant Financial Strain- Hagens Berman
San Francisco, California--(Newsfile Corp. - May 15, 2025) - A class-action lawsuit has been filed against Zynex, Inc. (NASDAQ: ZYXI), a medical device manufacturer specializing in electrotherapy devices, alleging that the company and certain of its top executives misled investors by overstating revenue through the practice of shipping excessive and unnecessary supplies to patients. The complaint, Tuncel v. Zynex, Inc., No. 25-cv-00913, filed in the U.S. District Court for the District of...
2025-05-15 2:09 PM EDT
Compass Diversified (CODI) Faces Securities Class Action After Admitting to Accounting "Irregularities" - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 15, 2025) - A securities class action lawsuit has been filed against Compass Diversified (NYSE: CODI) and certain of its executives after the company disclosed that it would restate its 2024 financial statements due to unrecorded financing arrangements and "irregularities" within its Lugano business unit. The suit, styled Matthews v. Compass Diversified Holdings, LLC, et al., No. 8:25-cv-00981 (C.D. Cal.), seeks to represent investors who...
2025-05-15 2:08 PM EDT
Napco (NSSC) Navigates Distributor Inventory Shifts Amidst Ongoing Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 13, 2025) - Security systems manufacturer Napco Security Technologies, Inc. (NASDAQ: NSSC), already facing a securities class action lawsuit stemming from earlier disclosures about its distribution network, reported mixed results for its third quarter of fiscal year 2025 on May 5. This new development underscores the challenges the company is currently navigating amidst ongoing legal scrutiny. Hagens Berman urges Napco investors who suffered...
2025-05-13 7:31 PM EDT
TBBK 3-DAY DEADLINE ALERT: Bancorp (TBBK) Increases Provision For Consumer Fintech Loan Credit Losses, Acknowledges Internal Control Weaknesses - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 13, 2025) - A federal securities class action lawsuit is moving forward against The Bancorp, Inc. (NASDAQ: TBBK), as investors who wish to seek appointment as lead plaintiff in the case must do so by May 16, 2025. The case, captioned Linden v. The Bancorp, Inc., No. 25-cv-00326 (D. Del.), accuses the company and several of its top executives of violating the Securities Exchange Act of 1934 during a period when investors purchased or acquired...
2025-05-13 7:24 PM EDT
UnitedHealth Group (UNH) Shares Sharply Down Again After CEO Resignation, 2025 Guidance Suspension; Securities Class Action Pending - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 13, 2025) - On May 13, 2025, investors in UnitedHealth Group (NYSE: UNH) saw the price of their shares crater as much as $65.71 (-17%) after the company announced that its CEO Andrew Witty has stepped down and that it pulled its 2025 guidance which the company issued less than one month ago. This latest development follows the filing of a securities class action lawsuit styled Faller v. UnitedHealth Group Inc., et al., No. 1:25-cv-03799...
2025-05-13 7:18 PM EDT
EU DEADLINE TODAY: enCore Energy (EU) Investors Alerted to Today's Lead Plaintiff Deadline in Securities Class Action
San Francisco, California--(Newsfile Corp. - May 13, 2025) - enCore Energy Corp. (NASDAQ: EU), a company focused on the exploration and development of uranium resources, is facing a class-action lawsuit that accuses its leadership of misleading investors and failing to disclose serious financial vulnerabilities. The deadline for investors to seek appointment as lead plaintiff in the lawsuit is May 13, 2025. Hagens Berman urges enCore Energy investors who suffered substantial losses to submit...
2025-05-13 7:05 AM EDT
FLNC 4-DAY DEADLINE ALERT: Fluence Energy's (FLNC) Troubles Mount as Investors Allege Misleading Financials and Ties to Siemens, AES - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 8, 2025) - Fluence Energy, Inc. (NASDAQ: FLNC) faces mounting challenges as disappointing fiscal second-quarter results and a steep guidance revision collide with escalating legal scrutiny over alleged financial misrepresentations. The disappointing quarter arrives amid an escalating federal securities class action lawsuit, with investors accusing Fluence of painting an overly optimistic picture of its business-and the looming May 12, 2025...
2025-05-08 4:55 PM EDT
ZYXI 11-DAY DEADLINE ALERT: Zynex Hit by TriCare Suspension on Multiple Fronts: Weak Earnings and Investor Lawsuit - Hagens Berman
San Francisco, California--(Newsfile Corp. - May 8, 2025) - Medical technology company Zynex, Inc. (NASDAQ: ZYXI) is facing a double whammy linked to its dealings with TriCare, the healthcare program for the U.S. military community. The company's first-quarter 2025 results revealed a sharp downturn, largely attributed to a temporary payment suspension by one of its major payers, TriCare. Adding to the company's troubles, this very TriCare payment issue has now become central to a recently...
2025-05-08 4:37 PM EDT