Grabar Law Office Investigates Claims on Behalf of PaySign, Inc. (PAYS) Shareholders as Securities Fraud Class Action Survives Motion to Dismiss
Philadelphia, Pennsylvania--(Newsfile Corp. - August 21, 2023) - A securities fraud class action on behalf of PaySign (NASDAQ: PAYS) shareholders has survived a motion to dismiss. The class action alleges that certain of PaySign's officers made materially false and misleading statements to the public about PaySign's financial statements, which in turn allowed certain officers to engage in insider trading of their PaySign shares while the stock's prices were artificially inflated. Current...
2023-08-21 8:48 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Firstcash Holdings, Inc. (FCFS)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 14, 2023) - It has been alleged that First Cash (NASDAQ: FCFS) failed to disclose adverse facts about FirstCash's business, operations and prospects, which were known to the company, its officers and directors, or recklessly disregarded by them, as follows: that FirstCash had made more than 3,600 loans to over 1,000 active-duty members of the military and their families at usurious interest rates above 36% - and often exceeding 200% - in...
2023-08-14 3:00 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Gatos Silver, Inc. (GATO) as Securities Fraud Class Action Settles for $21,000,000
Philadelphia, Pennsylvania--(Newsfile Corp. - August 14, 2023) - A securities fraud class action against Gatos Silver (NYSE: GATO) and certain of its officers and directors has settled for $21,000,000. The underlying Complaint alleges that Gatos, 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, it is alleged that Defendants...
2023-08-14 8:55 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Enservco Corporation (ENSV)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 14, 2023) - If you are a current Enservco (NYSE American: ENSV) shareholder who has held shares since on or before March 23, 2021, you may be able seek corporate reforms, the return of funds expended defending litigation back to company coffers, and a court approved incentive award if appropriate. A securities fraud class action complaint alleges that Enservco revealed that it needed to restate the interim financials from every quarterly...
2023-08-14 8:36 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Ardelyx Inc. (ARDX)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 14, 2023) - A securities class action complaint alleges that, Ardelyx Inc. (NASDAQ: ARDX), via certain of its officers, made materially false and misleading statements regarding tenapanor and the likelihood that it would be approved by the FDA during the Class Period, which led investors to suffer significant losses. Current Ardelyx shareholders who have held Ardelyx shares since on or before March 6, 2020, can seek corporate reforms, the...
2023-08-14 8:29 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Bright Health Group, Inc. (BHG)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 14, 2023) - A securities fraud class action complaint alleges Bright Health Group, Inc.'s (NYSE: BHG) IPO Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact were not prepared in accordance with the rules and regulations governing their preparation. Additionally, the Complaint alleges that the Bright Health, through certain of its officers and directors, made materially false and...
2023-08-14 8:22 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Horizon Bancorp, Inc. (HBNC)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 12, 2023) - Current Horizon Bancorp (NASDAQ: HBNC) shareholders who have held Horizon Bancorp stock since on or before March 9, 2022, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them. A recently filed securities fraud class action alleges that Horizon Bancorp, Inc., via certain officers and directors, made materially false and misleading...
2023-08-12 11:13 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Natera, Inc. (NTRA)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 12, 2023) - Grabar Law Office is investigating potential claims on behalf of Natera, Inc. (NASDAQ: NTRA) shareholders. The investigation concerns whether certain officers of Natera have breached their fiduciary duties owed to the company. A federal securities fraud complaint alleges that Natera, through certain of its officers, misrepresented and/or failed to disclose that: (1) Panorama was not reliable and resulted in high rates of false...
2023-08-12 11:08 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of IronNet, Inc. (IRNT)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 11, 2023) - A federal court has allowed a securities fraud class action to proceed in which it is alleged that certain of IronNet's (OTC: IRNT) officers made materially false and misleading statements to the public. The gravamen of underlying securities fraud complaint is that Defendants knew, but concealed, that the FY22 revenue and ARR forecasts they provided in September 2021 were "materially based" on "large and unprecedented...
2023-08-11 3:12 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of TuSimple Holdings, Inc. (TSP)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 10, 2023) - A recently filed securities fraud class action complaint alleges that TuSimple Holdings, Inc. (NASDAQ: TSP), via certain of its officers and directors, made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and compliance policies. Specifically, the Complaint alleges the Company misrepresented and/or failed to disclose that: (i) TuSimple's...
2023-08-10 7:50 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Horizon Bancorp, Inc. (HBNC)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - A recently filed securities fraud class action alleges that Horizon Bancorp, Inc. (NASDAQ: HBNC), via certain officers and directors, made materially false and misleading statements about the Company's business, operations, and prospects. Specifically, false and/or misleading statements and/or failed disclosures relate to: (i) the Company maintained deficient internal accounting controls relating to its classification of certain...
2023-08-09 2:55 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Enovix Corp. (ENVX)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - According to a recently filed securities fraud class action complaint, Enovix (NASDAQ: ENVX) overstated its ability to produce batteries at scale, instead touting the Company's "meaningful progress" in scaling up its manufacturing facility, and its being positioned to deliver batteries ahead of competitions, despite its continued manufacturing issues. Current Enovix shareholders who have held Enovix shares or the RSVAC SPAC since...
2023-08-09 2:46 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Lottery.com Inc. (LTRY) f/k/a Trident Acquisitions Corp. (TDAC)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - A securities fraud class action Complaint alleges that Lottery.com (NASDAQ: LTRY), via certain of its officers and directors, made materially false or misleading statements and/or failed to disclose material information. The Complaint further alleges that: (i) the Company lacked adequate internal accounting controls; (ii) the Company lacked adequate internal controls over financial reporting, including but not limited to those...
2023-08-09 2:40 PM EDT
Grabar Law Office Investigates Claims on Behalf of TaskUs, Inc. (TASK) Shareholders
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - A recently filed amended securities fraud class action complaint alleges TaskUs, Inc. (NASDAQ: TASK), via certain of its officers and directors, made materially false and misleading positive statements about its business, when in truth: (1) TaskUs was experiencing severe financial strain and business challenges; (2) the Content Security market was smaller than Defendants represented and Defendants' representations were based on...
2023-08-09 1:32 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Sotera Health Company (SHC)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - Grabar Law Office is investigating potential claims on behalf of Sotera Health Company (NASDAQ: SHC) shareholders. The investigation concerns whether certain officers of Sotera have breached their fiduciary duties owed to the company. A class action complaint has been filed against Sotera Health. The complaint alleges that the Company, via certain officers and directors, made numerous materially false and misleading...
2023-08-09 1:12 PM EDT
Grabar Law Office Investigates Claims on Behalf of Vertiv Holdings Co. (VRT) Shareholders
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - A recently filed securities fraud class action Complaint alleges that Vertiv (NYSE: VRT), via certain 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, the Complaint alleges Defendants failed to disclose to investors: (1) that the Company could not adequately respond to supply chain...
2023-08-09 1:05 PM EDT
Grabar Law Office Investigates Claims on Behalf of PaySign, Inc. (PAYS) Shareholders
Philadelphia, Pennsylvania--(Newsfile Corp. - August 9, 2023) - A federal court has allowed a class action on behalf of PaySign (NASDAQ: PAYS) shareholders to proceed. The action that certain of PaySign's officers made materially false and misleading statements to the public about PaySign's financial statements, which in turn allowed certain officers to engage in insider trading of their PaySign shares while the stock's prices were artificially inflated. Current PaySign shareholders who have...
2023-08-09 11:00 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Fate Therapeutics, Inc. (FATE)
Philadelphia, Pennsylvania--(Newsfile Corp. - August 3, 2023) - Grabar Law Office is investigating claims on behalf of Fate Therapeutics, Inc. (NASDAQ: FATE) shareholders. The investigation concerns whether certain officers of Fate Therapeutics have breached their fiduciary duties owed to the company. An underlying securities fraud class action complaint alleges that Fate Therapeutics, through certain of its officers and directors, made materially false and misleading statements regarding the...
2023-08-03 8:49 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Party City Holdco Inc. (PRTY) (PRTYQ)
Philadelphia, Pennsylvania--(Newsfile Corp. - July 27, 2023) - Grabar Law Office is investigating claims on behalf of shareholders who purchased Party City Holdco Inc. shares between November 8, 2022 and June 9, 2023 (NYSE: PRTY) (OTC: PRTYQ). On November 8, 2022, Party City filed its Form 10-Q with the SEC for the third quarter ended September 30, 2022. From that point, through June 9, 2023, when Ernst & Young LLP ("E&Y") resigned as the Company's auditor due to a disagreement about the...
2023-07-27 2:37 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Horizon Bancorp, Inc. (HBNC)
Philadelphia, Pennsylvania--(Newsfile Corp. - July 19, 2023) - A recently filed securities fraud class action alleges that Horizon Bancorp, Inc. (NASDAQ: HBNC) via certain officers and directors, made materially false and misleading statements about the Company's business, operations, and prospects. Specifically, false and/or misleading statements and/or failed disclosures relate to: (i) the Company maintained deficient internal accounting controls relating to its classification of certain...
2023-07-19 1:08 PM EDT