Grabar Law Office Investigates Claims on Behalf of Shareholders of Acadia Pharmaceuticals Inc. (ACAD)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 13, 2024) - A federal securities fraud complaint filed on behalf of Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) investors was recently certified as a class action. That complaint alleges that Acadia, via certain officers and directors, made materially false and misleading statements regarding the Company's business. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the...
2024-03-13 7:22 PM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of Fox Factory Holding Corp. (FOXF)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 11, 2024) - A recently filed securities fraud class action complaint alleges that Fox Factory Holding Corp. (NASDAQ: FOXF), through certain of its officers and directors, made misleading statements and omissions regarding the Company's business, financial condition, and prospects. Specifically, the Complaint alleges Defendants misled the market concerning demand for Fox Factory's products and inventory levels and that when the truth about...
2024-03-11 8:55 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of NAPCO Security Technologies, Inc. (NSSC)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 11, 2024) - A recently filed securities fraud class action complaint alleges that NAPCO Security Technologies, Inc. (NASDAQ: NSSC), through certain of its officers and directors, made materially false and/or misleading statements and/or failed to disclose that: (1) NAPCO failed to address any material weaknesses with internal controls regarding cost of goods sold ("COGS") and inventory; (2) NAPCO downplayed the severity of material...
2024-03-11 8:51 AM EDT
Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 11, 2024) - A recently filed federal securities fraud class action complaint alleges that B. Riley Financial, Inc. (NASDAQ: RILY), through 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: (1) that the CEO of FRG had been credibly implicated in a conspiracy to defraud investors of...
2024-03-11 8:46 AM EDT
Grabar Law Office Investigates Claims on Behalf of Current Shareholders Veradigm, Inc. (MDRX)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 7, 2024) - A securities fraud class action lawsuit alleges that Veradigm, Inc. (OTC: MDRX), through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) Veradigm had overstated its historical revenues by at least $20 million; (ii) Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period; (iii) Veradigm...
2024-03-07 8:48 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Snowflake Inc. (SNOW)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 7, 2024) - A recently filed securities fraud class action complaint alleges that Snowflake Inc. (NYSE: SNOW), via certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake's products and services; (ii) Snowflake had provided significant discounts to its...
2024-03-07 8:42 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of NAPCO Security Technologies, Inc. (NSSC)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 6, 2024) - A recently filed securities fraud class action complaint alleges that NAPCO Security Technologies, Inc. (NASDAQ: NSSC), through certain of its officers and directors, made materially false and/or misleading statements and/or failed to disclose that: (1) NAPCO failed to address any material weaknesses with internal controls regarding cost of goods sold ("COGS") and inventory; (2) NAPCO downplayed the severity of material weaknesses...
2024-03-06 9:55 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 6, 2024) - A recently filed federal securities fraud class action complaint alleges that B. Riley Financial, Inc. (NASDAQ: RILY), through 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: (1) that the CEO of FRG had been credibly implicated in a conspiracy to defraud investors of...
2024-03-06 9:51 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Masimo Corporation (MASI)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 5, 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 newer Sound United acquisition (non-healthcare unit). First, it is alleged that Masimo, via certain of its officers and directors, misled the market about the healthcare division's...
2024-03-05 8:25 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Fox Factory Holding Corp. (FOXF)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 5, 2024) - A recently filed securities fraud class action complaint alleges that Fox Factory Holding Corp. (NASDAQ: FOXF), through certain of its officers and directors, made misleading statements and omissions regarding the Company's business, financial condition, and prospects. Specifically, the Complaint alleges Defendants misled the market concerning demand for Fox Factory's products and inventory levels and that when the truth about Fox...
2024-03-05 8:19 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Mercury Systems, Inc. (MRCY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 5, 2024) - A recently filed securities fraud class action complaint alleges that, Mercury Systems, Inc. (NASDAQ: MRCY) through certain officers and directors, used acquisitions and improper revenue recognition practices to mask its inability to grow organically. The complaint further alleges that Defendants repeatedly misled investors to believe that their growth was organic by misrepresenting several elements of Mercury's business,...
2024-03-05 8:15 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Dick's Sporting Goods, Inc. (DKS)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 5, 2024) - A recently filed securities fraud class action complaint alleges that Dick's Sporting Goods, Inc., (NYSE: DKS) through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) demand for products in Dick's Outdoor segment was slowing faster than Defendants represented, resulting in excess inventory; (ii) the "structural changes" that Defendants repeatedly touted, including...
2024-03-05 8:04 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of DocGo Inc. (DCGO)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 4, 2024) - A securities fraud class action complaint was filed after the New York City's Comptroller announced that it 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." The complaint alleges that DocGo, through certain of its officers and directors, made materially false and misleading...
2024-03-04 2:39 PM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 2, 2024) - A recently filed federal securities fraud class action complaint alleges that B. Riley Financial, Inc. (NASDAQ: RILY), through 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: (1) that the CEO of FRG had been credibly implicated in a conspiracy to defraud investors of...
2024-03-02 11:40 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Virtu Financial, Inc. (VIRT)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 1, 2024) - A securities fraud class action complaint alleges that Virtu Financial, Inc., (NASDAQ: VIRT) via certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity...
2024-03-01 9:05 AM EST
Grabar Law Office Investigates Claims on Behalf of Current Shareholders Veradigm, Inc. (MDRX)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 1, 2024) - A securities fraud class action lawsuit alleges that Veradigm, Inc. (NASDAQ: MDRX) (OTC: MDRX) made false and/or misleading statements and/or failed to disclose that: (i) Veradigm had overstated its historical revenues by at least $20 million; (ii) Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period; (iii) Veradigm had artificially inflated its...
2024-03-01 8:30 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of National Vision Holdings, Inc. (EYE)
Philadelphia, Pennsylvania--(Newsfile Corp. - March 1, 2024) - A securities fraud class action complaint alleges that certain officers of National Vision (NASDAQ: EYE) failed to disclose that: (i) National Vision was experiencing extraordinary wage and labor pressures as a result of intense competition and disruptions in the labor market due to the COVID-19 pandemic; (ii) National Vision had made a significant multi-million dollar investment in wage and compensation payments to its vision...
2024-03-01 8:07 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of InnovAge Holding Corp (INNV) as Class Action Survives Motion to Dismiss
Philadelphia, Pennsylvania--(Newsfile Corp. - March 1, 2024) - Claims alleged in a securities fraud class action complaint against InnovAge (NASDAQ: INNV) have survived a motion to dismiss. As alleged, on March 4, 2021, InnovAge went public as certain of its officers and directors boasted that the healthcare provider's meteoric growth over the previous four years resulted from a business model that provided comprehensive care for the most frail seniors in the United States. InnovAge claimed...
2024-03-01 8:00 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of B. Riley Financial, Inc. (RILY)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 29, 2024) - B. Riley (NASDAQ: RILY) entered into an agreement to assist the CEO of FRG in leading a management buyout of FRG. The $2.8 billion deal was completed on August 21, 2023, in spite of the fact that FRG's CEO had been credibly implicated in a conspiracy to defraud investors out of millions of dollars. A recently filed federal securities fraud class action complaint alleges that B. Riley, through certain of its officers and...
2024-02-29 11:46 AM EST
Grabar Law Office Investigates Claims on Behalf of Shareholders of Sotera Health Company (SHC)
Philadelphia, Pennsylvania--(Newsfile Corp. - February 29, 2024) - A securities fraud class action complaint was recently filed against Sotera Health (NASDAQ: SHC). The complaint alleges that the Company, via certain officers and directors, made numerous materially false and misleading representations concerning its emissions control systems and exposure to liability from lawsuits for the Company's failure to limit harmful Ethylene Oxide ("EtO") emissions. False representation included those...
2024-02-29 9:07 AM EST