Grabar Law Office Investigates Claims on Behalf of Shareholders of SolarEdge Technologies, Inc. (SEDG)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 20, 2024) - A recently filed securities fraud class action complaint alleges that SolarEdge Technologies, Inc. (NASDAQ: SEDG), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) the Company's distribution channels in Europe had higher than optimal inventory levels; (2)...
2024-02-20 9:16 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Masimo Corporation (MASI)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 19, 2024) - A securities fraud class action was recently filed that alleges that Masimo Corporation (NASDAQ: MASI), via certain of its officers and directors, concealed adverse facts related to Masimo's two core businesses - its traditional healthcare unit and its new Sound United acquisition (non-healthcare unit). First, it is alleged that Masimo misled the market about the healthcare division's inability to introduce successful new...
2024-02-19 8:30 AM EST
Attention Long-Term iRhythm Technologies, Inc. (IRTC) Shareholders
Philadelphia, Pennsylvania--(Newsfile Corp. - February 17, 2024) - A recently filed securities fraud class action complaint alleges that iRhythm Technologies, Inc. (NASDAQ: IRTC), via certain of its officers and directors, falsely represented to investors that the Zio AT monitor was a real-time monitor intended for high-risk patients. Specifically, the complaint alleges that Defendants repeatedly touted the potential growth for the Zio AT as an innovative product that had only just begun to...
2024-02-17 10:52 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of SolarEdge Technologies, Inc. (SEDG)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 17, 2024) - A recently filed securities fraud class action complaint alleges that SolarEdge Technologies, Inc. (NASDAQ: SEDG), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) the Company's distribution channels in Europe had higher than optimal inventory levels; (2)...
2024-02-17 10:47 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Talis Biomedical Corporation
Philadelphia, Pennsylvania--(Newsfile Corp. - February 16, 2024) - A securities fraud class action complaint has survived a motion to dismiss and class has been certified consisting of persons and entities that purchased or otherwise acquired Talis (NASDAQ: TLIS) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's February 2021 initial public offering ("IPO" or the "Offering")....
2024-02-16 6:30 PM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Amylyx Pharmaceuticals, Inc. (AMLX)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 16, 2024) - Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) is a commercial-stage biotechnology company that engages in the discovery and development of treatments for ALS, also known as Lou Gehrig's disease, and other neurodegenerative diseases. The Company's products include, among others, AMX0035 (commercially referred to as "RELYVRIO" in the U.S.), a dual UPR-Bax apoptosis inhibitor composed of sodium phenylbutyrate and taurursodiol, for...
2024-02-16 1:37 PM EST
Attention Long-Term Shareholders of New York Community Bancorp, Inc. (NYCB)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 16, 2024) - A securities fraud class action complaint has been filed alleging that New York Community Bancorp, Inc. (NYSE: NYCB), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) that the Company was experiencing higher net charge-offs and deterioration in its office...
2024-02-16 8:35 AM EST
Attention Long-Term Shareholders of Medical Properties Trust, Inc. (MPW)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 16, 2024) - A recently filed securities fraud class action complaint alleges that Medical Properties Trust, Inc. (NYSE: MPW), via certain of its officers and directors, engaged in a widespread scheme to hide from investors that, contrary to the Company's public representations, its portfolio of assets were severely distressed and non-performing such that they could not make their rent payments. It is alleged that Defendants employed a...
2024-02-16 8:30 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Medical Properties Trust, Inc. (MPW)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 14, 2024) - A recently filed securities fraud class action complaint alleges that Medical Properties Trust, Inc. (NYSE: MPW), via certain of its officers and directors, engaged in a widespread scheme to hide from investors that, contrary to the Company's public representations, its portfolio of assets were severely distressed and non-performing such that they could not make their rent payments. It is alleged that Defendants employed a...
2024-02-14 11:27 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of New York Community Bancorp, Inc. (NYCB)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 14, 2024) - A securities fraud class action complaint has been filed alleging that New York Community Bancorp, Inc. (NYSE: NYCB), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) that the Company was experiencing higher net charge-offs and deterioration in its office...
2024-02-14 11:23 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of SolarEdge Technologies, Inc. (SEDG)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 13, 2024) - A recently filed securities fraud class action complaint alleges that SolarEdge Technologies, Inc. (NASDAQ: SEDG), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) the Company's distribution channels in Europe had higher than optimal inventory levels; (2)...
2024-02-13 8:33 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Xponential Fitness, Inc. (XPOF)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 13, 2024) - A securities fraud class action lawsuit alleges that Xponential Fitness, Inc. (NYSE: XPOF), through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (1) Xponential had permanently closed at least 30 stores; (2) Xponential's reported same-store sales and average unit volume metrics had been misstated by excluding underperforming stores; (3) 8 out of 10 Xponential...
2024-02-13 8:14 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of New York Community Bancorp, Inc. (NYCB)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 12, 2024) - A securities fraud class action complaint has been filed alleging that New York Community Bancorp, Inc. (NYSE: NYCB), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) that the Company was experiencing higher net charge-offs and deterioration in its office...
2024-02-12 8:30 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Medical Properties Trust, Inc. (MPW)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 12, 2024) - A recently filed securities fraud class action complaint alleges that Medical Properties Trust, Inc. (NYSE: MPW), via certain of its officers and directors, engaged in a widespread scheme to hide from investors that, contrary to the Company's public representations, its portfolio of assets were severely distressed and non-performing such that they could not make their rent payments. It is alleged that Defendants employed a...
2024-02-12 8:26 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of iRhythm Technologies, Inc. (IRTC)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 9, 2024) - A recently filed securities fraud class action complaint alleges that iRhythm Technologies, Inc. (NASDAQ: IRTC), via certain of its officers and directors, falsely represented to investors that the Zio AT monitor was a real-time monitor intended for high-risk patients. Specifically, the complaint alleges that Defendants repeatedly touted the potential growth for the Zio AT as an innovative product that had only just begun to...
2024-02-09 12:18 PM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of New York Community Bancorp, Inc. (NYCB)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 9, 2024) - A securities fraud class action complaint has been filed alleging that New York Community Bancorp, Inc. (NYSE: NYCB), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects including that: (1) that the Company was experiencing higher net charge-offs and deterioration in its office...
2024-02-09 7:43 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of New York Community Bancorp, Inc. (NYCB)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 7, 2024) - A securities fraud class action complaint has been filed that alleges that New York Community Bancorp, Inc. (NYSE: NYCB), via certain of its officers and directors, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company was experiencing higher...
2024-02-07 6:04 PM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Cummins Inc. (CMI) After Cummins Settles with DOJ for $1.675 Billion
Philadelphia, Pennsylvania--(Newsfile Corp. - January 31, 2024) - On January 10, 2024, the Department of Justice and California announced that diesel engine manufacturer Cummins Inc. (NYSE: CMI) agreed to pay a record $1.675 billion civil penalty for vehicle emissions test cheating. A recently filed securities fraud class action complaint further alleges that Cummins, via certain of its officers and directors, made materially false and/or misleading statements and/or failed to disclose that:...
2024-01-31 4:27 PM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Driven Brands Holdings Inc. (DRVN)
Philadelphia, Pennsylvania--(Newsfile Corp. - January 29, 2024) - A recently filed securities fraud class action complaint alleges that Driven Brands (NASDAQ: DRVN), through certain of its officers and directors, made numerous materially false and misleading statements and omissions pertaining to: (i) Driven Brands' ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating its U.S. auto glass businesses;...
2024-01-29 8:13 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of DocGo Inc. (DCGO)
Philadelphia, Pennsylvania--(Newsfile Corp. - January 29, 2024) - On September 18, 2023, New York City's Comptroller announced that his office was commencing a real-time audit of operations and invoices incurred by DocGo Inc. (NASDAQ: DCGO) as it had "serious concerns about the selection of this vendor and its performance of contract duties" under a $432 million migrant relocation contract the City had with DocGo. A securities fraud class action complaint then followed that alleges that...
2024-01-29 7:46 AM EST