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Market News Page 22 of 281 • 7,014 articles
FCX: Kirby McInerney LLP Advises Freeport-McMoran Inc. Investors of Class Action Lawsuit
GlobeNewswire Inc. • Kirby Mcinerney Llp
FCX: Kirby McInerney LLP Advises Freeport-McMoran Inc. Investors of Class Action Lawsuit

01/06/2026 04:54 PM • A securities class action lawsuit has been filed against Freeport-McMoRan Inc. on behalf of investors who purchased company securities between February 15, 2022 and September 24, 2025. The lawsuit alleges inadequate safety measures at the Grasberg Block Cave mine in Indonesia, which constituted undisclosed regulatory and reputational risks. The allegations followed Freeport's September 9, 2025 announcement of mining suspension at the location due to trapped workers, resulting in a 5.94% stock price decline.

DELL - Tumbled 4.04% after Morgan Stanley downgraded from 'Overweight' to 'Underweight'
FCX - The company faces a securities class action lawsuit alleging inadequate safety measures at a major mining operation, resulting in worker entrapment and mine suspension. The allegations of undisclosed risks and the subsequent 5.94% stock price decline on the news announcement indicate significant negative market and legal consequences.
#securities fraud #class action lawsuit #mining safety #Grasberg Block Cave #Indonesia #regulatory risk #stock price decline
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Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in December 2025 of 0.1% Compared to 2024
GlobeNewswire Inc. • Na
Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in December 2025 of 0.1% Compared to 2024

01/06/2026 04:50 PM • Grupo Aeroportuario del Pacífico (GAP) reported minimal overall passenger traffic growth of 0.1% in December 2025 compared to December 2024. While Mexican airports showed a 4.2% increase led by Guadalajara (+9.2%) and Puerto Vallarta (+4.0%), Jamaican operations declined significantly due to Hurricane Melissa disruptions. Load factors decreased from 85.5% to 77.4% despite a 10.6% increase in available seats. The company added 12 new routes across its network.

BApA - Slightly up 0.30% after Emirates placed a third order for 777X airplanes
PAC - Mixed results with minimal overall growth (0.1%) despite strong performance in key Mexican airports. Positive factors include 4.2% growth in Mexican operations and 12 new route additions, but offset by declining load factors (85.5% to 77.4%), negative Jamaica performance (-43.8% Montego Bay), and weak international passenger traffic (-6.2% in December). The year-to-date performance of 2.5% growth is modest.
#passenger traffic #airport operations #Mexico #Jamaica #load factor #new routes #Hurricane Melissa #Guadalajara #Puerto Vallarta #Tijuana
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Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Blue Owl, Gauzy, and Alexandria Real Estate and Encourages Investors to Contact the Firm
GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Blue Owl, Gauzy, and Alexandria Real Estate and Encourages Investors to Contact the Firm

01/06/2026 04:38 PM • Law firm Bragar Eagel & Squire announces class action lawsuits against three companies: Blue Owl Capital for concealing BDC redemption pressures and liquidity issues, Gauzy Ltd for failing to disclose insolvency risks at French subsidiaries, and Alexandria Real Estate for misleading statements about its Long Island City property. Investors have until specified deadlines to petition to serve as lead plaintiffs.

PLTR - Advanced 0.73% after partnering with Multiverse to launch new apprenticeship programs
OWL - Company accused of making materially false statements and failing to disclose significant liquidity issues stemming from BDC redemption pressures, indicating potential operational and financial distress.
#class action lawsuit #securities fraud #material misstatement #investor protection #disclosure violations #liquidity issues #insolvency
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Why PDD Holdings Stock Topped the Market on Tuesday
The Motley Fool • Eric Volkman
Why PDD Holdings Stock Topped the Market on Tuesday

01/06/2026 04:37 PM • PDD Holdings stock rose 3% on Tuesday after Freedom Capital Markets analyst Roman Lukianchikov raised his price target from $140 to $170 per ADS, maintaining a buy recommendation. The analyst cited PDD's resilience amid U.S.-China trade challenges and tariff uncertainties, though noted concerns about squeezed margins from long-term investments and the importance of monitoring expansion into smaller markets beyond China and the U.S.

NVDA - Awaiting earnings results this week, with market anticipation high
PDD - Analyst raised price target by 21% (from $140 to $170) and maintained buy recommendation. Stock outperformed S&P 500. Analyst highlighted company's resilience despite trade challenges and tariff pressures, though acknowledged margin compression concerns and the need to monitor international expansion performance.
#PDD Holdings #price target hike #analyst upgrade #Temu #U.S.-China trade #tariffs #e-commerce #market expansion
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Shareholders that lost money on SLM Corporation (SLM) should contact Levi & Korsinsky about pending Class Action - SLM
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Shareholders that lost money on SLM Corporation (SLM) should contact Levi & Korsinsky about pending Class Action - SLM

01/06/2026 04:00 PM • Levi & Korsinsky has filed a class action securities lawsuit against SLM Corporation, alleging the company made false statements about early stage delinquencies and overstated the effectiveness of its loss mitigation programs between July 25 and August 14, 2025. Investors who suffered losses during this period can request lead plaintiff status by February 17, 2026, with no out-of-pocket costs to participate.

ABNB - Included in broader technology and services sector
SLM - The company is facing a class action securities lawsuit alleging material misstatements regarding delinquency rates and the effectiveness of loss mitigation programs, indicating significant operational and financial concerns that negatively impacted shareholders.
#class action lawsuit #securities fraud #SLM Corporation #delinquencies #loan modification #investor losses #lead plaintiff deadline
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Shareholders that lost money on Blue Owl Capital Inc. (OWL) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Shareholders that lost money on Blue Owl Capital Inc. (OWL) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

01/06/2026 04:00 PM • Levi & Korsinsky has filed a class action securities lawsuit against Blue Owl Capital Inc. on behalf of investors who suffered losses between February 6, 2025 and November 16, 2025. The complaint alleges the company made false statements and concealed material information regarding pressure on its asset base from business development company redemptions, undisclosed liquidity issues, and likely restrictions on redemptions. Affected investors have until February 2, 2026 to request lead plaintiff status.

CMG - Part of robust fast casual dining investment interest
OWL - The company is the subject of a securities fraud class action lawsuit alleging concealment of material information regarding asset base pressure, liquidity issues, and likely redemption restrictions. These allegations indicate serious corporate governance and disclosure failures that resulted in investor losses.
#class action lawsuit #securities fraud #Blue Owl Capital #redemptions #liquidity issues #misleading statements #investor losses
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Levi & Korsinsky Notifies Shareholders of Telix Pharmaceuticals Ltd. (TLX) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Levi & Korsinsky Notifies Shareholders of Telix Pharmaceuticals Ltd. (TLX) of a Class Action Lawsuit and an Upcoming Deadline

01/06/2026 04:00 PM • Levi & Korsinsky has filed a class action securities lawsuit against Telix Pharmaceuticals Ltd. on behalf of investors who suffered losses between February 21, 2025 and August 28, 2025. The complaint alleges that defendants made false statements regarding prostate cancer therapeutic progress, overstated supply chain quality, and made materially misleading statements about the company's business and prospects. The deadline to request lead plaintiff status is January 9, 2026.

NEM - Included in gold mining sector investment
TLX - The company is the subject of a securities fraud class action lawsuit alleging material misstatements about prostate cancer therapeutic progress and supply chain quality, indicating serious allegations of corporate misconduct and investor harm.
#class action lawsuit #securities fraud #Telix Pharmaceuticals #false statements #prostate cancer therapeutics #supply chain #lead plaintiff deadline
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Class Action Filed Against Klarna Group plc (KLAR) - February 20, 2026 Deadline to Join – Contact Levi & Korsinsky
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Class Action Filed Against Klarna Group plc (KLAR) - February 20, 2026 Deadline to Join – Contact Levi & Korsinsky

01/06/2026 04:00 PM • A class action securities lawsuit has been filed against Klarna Group plc alleging that defendants made false statements and concealed material risks regarding loss reserves that would materially increase within months of the company's September 2025 IPO. Investors who purchased Klarna securities during the IPO have until February 20, 2026 to join the lawsuit as lead plaintiffs.

TER - Part of technology sector expansion
KLAR - The company faces a class action securities lawsuit alleging material misstatements and concealment of risks regarding loss reserves at the time of its IPO. This indicates potential fraud and investor harm, which is significantly negative for the company's reputation and financial standing.
#class action lawsuit #securities fraud #Klarna Group plc #IPO #loss reserves #false statements #buy now pay later #investor losses
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Levi & Korsinsky Notifies Shareholders of StubHub Holdings, Inc.(STUB) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Levi & Korsinsky Notifies Shareholders of StubHub Holdings, Inc.(STUB) of a Class Action Lawsuit and an Upcoming Deadline

01/06/2026 04:00 PM • A class action securities lawsuit has been filed against StubHub Holdings, Inc. following its September 2025 IPO. The complaint alleges that defendants made false statements about the company's financial performance, specifically regarding changes in vendor payment timing that materially impacted free cash flow and were not properly disclosed. Investors who purchased STUB stock have until January 23, 2026 to request lead plaintiff status.

OKTA - Included in broader technology investment strategy
STUB - The company faces a class action securities lawsuit alleging material misstatements and concealment of adverse changes in vendor payment timing that significantly impacted free cash flow. These allegations of securities fraud and misleading financial disclosures represent serious legal and reputational risks.
#class action lawsuit #securities fraud #StubHub Holdings #IPO #free cash flow #vendor payments #misleading statements #lead plaintiff deadline
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Integer Holdings Corporation Class Action: Levi & Korsinsky Reminds Integer Holdings Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 9, 2026 – ITGR
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Integer Holdings Corporation Class Action: Levi & Korsinsky Reminds Integer Holdings Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 9, 2026 – ITGR

01/06/2026 04:00 PM • A class action securities lawsuit has been filed against Integer Holdings Corporation (ITGR) alleging the company made false statements about its competitive position in the electrophysiology manufacturing market and overstated growth prospects. Investors who suffered losses between July 25, 2024 and October 22, 2025 can request lead plaintiff status by February 9, 2026.

ITGR - The company is accused of material misstatements regarding its competitive position in electrophysiology manufacturing, concealing deterioration in device sales, and making false claims about business prospects. These allegations of securities fraud and misleading statements directly harm investor confidence and shareholder value.
#class action lawsuit #securities fraud #electrophysiology devices #false statements #lead plaintiff deadline #investor losses
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DeFi Technologies Class Action: Levi & Korsinsky Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 – DEFT
GlobeNewswire Inc. • Levi & Korsinsky, Llp
DeFi Technologies Class Action: Levi & Korsinsky Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 – DEFT

01/06/2026 04:00 PM • A class action securities lawsuit has been filed against DeFi Technologies (NASDAQ: DEFT) alleging the company made false statements about its DeFi arbitrage strategy, understated competitive pressures, and was unlikely to meet its 2025 revenue guidance. Investors who suffered losses between May 12, 2025 and November 14, 2025 can request lead plaintiff status by January 30, 2026.

MSFT - Acknowledging partner innovation and ecosystem strength through annual awards program
DEFT - The company is facing a securities fraud class action lawsuit alleging material misstatements regarding its core DeFi arbitrage strategy, competitive position, and inability to meet revenue guidance. These allegations indicate significant operational and financial challenges that negatively impact investor confidence.
#class action lawsuit #securities fraud #DeFi Technologies #revenue guidance #DeFi arbitrage strategy #lead plaintiff deadline #false statements
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Coupang, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before February 17, 2026 to Discuss Your Rights – CPNG
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Coupang, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before February 17, 2026 to Discuss Your Rights – CPNG

01/06/2026 04:00 PM • Levi & Korsinsky has filed a class action securities lawsuit against Coupang, Inc. alleging that the company made false statements regarding inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without detection. The lawsuit claims defendants failed to properly report the data breach to the SEC in compliance with applicable rules. Investors who suffered losses between August 6, 2025 and December 16, 2025 have until February 17, 2026 to participate in the class action.

CPNG - The company is facing a securities fraud lawsuit alleging inadequate cybersecurity protocols, unauthorized data access by a former employee, and failure to properly report the breach to the SEC. These allegations of misconduct and regulatory non-compliance directly harm investor confidence and shareholder value.
#securities fraud #class action lawsuit #data breach #cybersecurity #SEC reporting violation #investor losses
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Perrigo Company plc Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 16, 2026 to Discuss Your Rights – PRGO
GlobeNewswire Inc. • Levi & Korsinsky, Llp
Perrigo Company plc Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 16, 2026 to Discuss Your Rights – PRGO

01/06/2026 04:00 PM • Levi & Korsinsky has filed a class action securities lawsuit against Perrigo Company plc, alleging the company made false statements about its Nestlé-acquired infant formula business. The complaint claims the business suffered from significant underinvestment and manufacturing deficiencies, requiring substantial capital expenditures beyond stated estimates, which resulted in overstated financial results. Investors who suffered losses between February 27, 2023 and November 4, 2025 can join the lawsuit with a deadline of January 16, 2026.

SEOAY - Manufactures sustainable corrugated cardboard packaging for multiple industries
PRGO - The company is facing a class action securities lawsuit alleging material misstatements and concealment regarding the financial condition and operational deficiencies of its infant formula business, which resulted in overstated earnings and cash flow. This represents significant legal and reputational risk.
#securities fraud #class action lawsuit #infant formula business #financial misstatement #manufacturing deficiencies #investor losses
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PRMB LAWSUIT ALERT: Levi & Korsinsky Notifies Primo Brands Corporation / Primo Water Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire Inc. • Levi & Korsinsky, Llp
PRMB LAWSUIT ALERT: Levi & Korsinsky Notifies Primo Brands Corporation / Primo Water Corporation Investors of a Class Action Lawsuit and Upcoming Deadline

01/06/2026 04:00 PM • Levi & Korsinsky has filed a class action securities lawsuit against Primo Brands Corporation (NYSE: PRMB) on behalf of investors who suffered losses between June 17, 2024 and November 6, 2025. The lawsuit alleges that defendants made false statements about the merger integration between Primo Water and BlueTriton Brands, concealing poor tracking due to technology and service issues, as well as major supply disruptions that would negatively impact financial results. Investors have until January 12, 2026 to request lead plaintiff status.

AMCR - Limited corrugated box offerings, primarily focused on plastic packaging
PRMB - The company is the subject of a securities fraud class action lawsuit alleging false statements about merger integration execution and concealment of technology issues and supply disruptions that negatively impacted financial results and customers.
#class action lawsuit #securities fraud #merger integration #supply disruptions #investor losses #false statements
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Tilray Q2: High Hopes or Harsh Reality?
Benzinga • Erica Kollmann
Tilray Q2: High Hopes or Harsh Reality?

01/06/2026 03:40 PM • Tilray Brands prepares to report Q2 2026 earnings as the cannabis industry faces potential transformation. President Trump's executive order to reschedule marijuana to Schedule III could eliminate the Section 280E tax burden, potentially unlocking millions in annual cash flow. The company launched Tilray Medical USA in December to capitalize on the policy shift, though Wall Street expects a 20-cent loss per share on $210.95 million in quarterly revenue. Investors will scrutinize guidance on U.S. infrastructure investment and how the company deploys its $265 million cash pile.

SPOT - Part of technology platform investments
TLRY - Mixed outlook with both positive catalysts (potential Schedule III rescheduling and tax relief, new medical subsidiary launch) and ongoing challenges (expected Q2 loss, profitability struggles, competitive pressures). The company stands at a crossroads with significant upside potential but uncertain execution.
#cannabis rescheduling #Schedule III #Section 280E tax relief #Tilray Medical USA #Q2 earnings #marijuana legalization #federal policy
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Why BigBear.ai Stock Slumped Last Month
The Motley Fool • Brett Schafer
Why BigBear.ai Stock Slumped Last Month

01/06/2026 03:31 PM • BigBear.ai stock fell 14.8% in December despite acquiring generative AI startup Ask Sage and retiring convertible debt. The company faces significant headwinds including flat revenue ($144M, down 20% YoY), consistent losses (negative $47M free cash flow), and severe shareholder dilution with shares outstanding up 200% in three years. The analyst recommends avoiding the stock in 2026.

SBUX - Included in consumer services sector expansion
BBAI - Company exhibits declining revenue (flat since 2022, down 20% YoY last quarter), consistent unprofitability (negative $47M free cash flow), severe shareholder dilution (200% increase in shares outstanding over 3 years), and a $2.7B market cap that appears overvalued relative to fundamentals. The acquisition appears desperate rather than strategic. Analyst explicitly recommends avoiding the stock.
#BigBear.ai #generative AI acquisition #declining revenue #shareholder dilution #negative free cash flow #government analytics #stock decline
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Viðskipti stjórnenda og tengdra aðila
GlobeNewswire Inc. • Benedikt Stefansson
Viðskipti stjórnenda og tengdra aðila

01/06/2026 03:00 PM • Alvotech announced a planned CEO succession with Róbert Wessman continuing as Executive Chairman in a full-time capacity, while Lisa Graver has been appointed as Chief Executive Officer. The announcement also includes a filing regarding a transaction by Alvogen Lux Holdings purchasing over 7 million Alvotech shares at 44.06 SEK per share on December 17.

ALVO - The leadership transition is a routine corporate governance announcement. While management changes can be viewed positively (continuity with Wessman as Chairman, new CEO appointment), the article lacks information about strategic direction or performance implications, warranting a neutral stance.
#CEO succession #leadership transition #Alvotech #Róbert Wessman #Lisa Graver #share purchase #Alvogen Lux Holdings
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Transactions of Managers and Closely Associated Persons
GlobeNewswire Inc. • Alvotech Investor Relations
Transactions of Managers and Closely Associated Persons

01/06/2026 03:00 PM • Alvotech announced a planned CEO succession with Lisa Graver appointed as Chief Executive Officer, while Róbert Wessman continues as Executive Chairman in a full-time capacity. The announcement follows a significant share acquisition by Alvogen Lux Holdings of over 7 million Alvotech shares at SEK 44.06 per share on December 17, 2025.

ALVO - The CEO succession announcement is a routine corporate governance matter. While leadership transitions can be viewed positively (continuity with Wessman as Chairman) or negatively (CEO change), the announcement itself is presented as a planned, orderly transition without indication of crisis or major strategic shift. The concurrent share acquisition by a related entity suggests confidence in the company's direction.
#CEO succession #leadership transition #share acquisition #Alvogen Lux Holdings #Lisa Graver #Róbert Wessman
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Transactions of Managers and Closely Associated Persons
GlobeNewswire Inc. • Alvotech Investor Relations
Transactions of Managers and Closely Associated Persons

01/06/2026 03:00 PM • Alvotech announced a planned CEO succession with Lisa Graver appointed as Chief Executive Officer, while Róbert Wessman continues as Executive Chairman. Additionally, ATP Holdings ehf acquired approximately 6.9 million Alvotech shares in two transactions on December 17 and 19, 2025, at SEK 44.06 per share.

ALVO - The announcement of a planned CEO succession is a routine corporate governance matter. While leadership transitions can be viewed positively (continuity with Wessman as Chairman) or negatively (uncertainty with new CEO), the measured tone and orderly transition process suggest a neutral outlook. The significant share acquisition by ATP Holdings indicates investor confidence but doesn't change the neutral assessment of the succession announcement itself.
#CEO succession #leadership transition #share acquisition #ATP Holdings #Alvotech #executive appointment
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Viðskipti stjórnenda og tengdra aðila
GlobeNewswire Inc. • Na
Viðskipti stjórnenda og tengdra aðila

01/06/2026 03:00 PM • Alvotech announced a planned CEO succession with Lisa Graver appointed as Chief Executive Officer, while Róbert Wessman continues as Executive Chairman in a full-time capacity. The announcement follows recent share purchases by ATP Holdings ehf, which acquired over 6.9 million Alvotech shares in December at 44.06 SEK per share.

ALVO - The announcement of a planned CEO succession is a routine corporate governance matter. While leadership transitions can indicate strategic shifts, the continued involvement of Róbert Wessman as Executive Chairman and the appointment of Lisa Graver as CEO suggests an orderly transition without indication of distress or exceptional opportunity.
#CEO succession #leadership transition #share acquisition #ATP Holdings #Alvotech #Lisa Graver #Róbert Wessman
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FORGE and M&T Bank to Award Manufacturing-Focused Product Development Grants at “Make It Here” Event
GlobeNewswire Inc. • Globe Newswire
FORGE and M&T Bank to Award Manufacturing-Focused Product Development Grants at “Make It Here” Event

01/06/2026 03:00 PM • FORGE, a nonprofit supporting Connecticut manufacturers and hardtech companies, will host the Make It Here: CT Product Development Grant Awards event on January 22, 2026. The event, presented by M&T Bank, will announce recipients of product development grants funded through the Connecticut Department of Economic and Community Development's Manufacturing Innovation Fund. The program aims to help manufacturers overcome development challenges and scale production locally.

PIPR - Mentioned as a conference host with no specific positive or negative implications
FIGP - FORGE is highlighted as successfully supporting over 1,000 innovators and 10,000+ jobs. The organization is expanding its grant program and receiving continued support from state and banking partners, demonstrating growth and positive impact in the manufacturing sector.
#product development grants #Connecticut manufacturing #hardtech companies #manufacturing innovation #nearshoring #supply chain
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Halper Sadeh LLC Encourages EKSO, FOLD, CWAN, JHG Shareholders to Contact the Firm to Discuss Their Rights
GlobeNewswire Inc. • Halper Sadeh Llc
Halper Sadeh LLC Encourages EKSO, FOLD, CWAN, JHG Shareholders to Contact the Firm to Discuss Their Rights

01/06/2026 02:58 PM • Investor rights law firm Halper Sadeh LLC is investigating four companies for potential federal securities law violations and breaches of fiduciary duties related to their merger and acquisition transactions. The firm is seeking increased consideration for shareholders and additional disclosures, and is offering contingent fee representation.

EKSO - Company is under investigation for potential securities law violations and breach of fiduciary duties related to its merger with Applied Digital Cloud, suggesting possible unfair terms or inadequate disclosure to shareholders.
#securities violations #mergers and acquisitions #shareholder rights #fiduciary duties #investor litigation #contingent fee
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KLAR ALERT: Klarna Group plc Sued For Securities Fraud; Investors Who Lost Money Should Contact Block & Leviton to Potentially Recover Losses
GlobeNewswire Inc. • Block & Leviton
KLAR ALERT: Klarna Group plc Sued For Securities Fraud; Investors Who Lost Money Should Contact Block & Leviton to Potentially Recover Losses

01/06/2026 02:57 PM • Klarna Group plc has been sued for securities fraud, with allegations that its IPO registration statement contained false and misleading statements regarding loss reserves for its buy-now-pay-later loans. The company conducted its IPO at $40 per share on September 10, 2025. Investors who purchased shares and experienced losses may be eligible to join the class action lawsuit, with a lead plaintiff deadline of March 6, 2026.

KLAR - The company is facing a securities fraud lawsuit alleging material misstatements in its IPO registration regarding understated risk of loss reserve increases. This represents significant legal and reputational risk, and the stock has declined from its $40 IPO price, causing investor losses.
#securities fraud #IPO #class action lawsuit #buy-now-pay-later #loss reserves #registration statement
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Halper Sadeh LLC Encourages SNCR, FRGE, SNDA, OCFC Shareholders to Contact the Firm to Discuss Their Rights
GlobeNewswire Inc. • Halper Sadeh Llc
Halper Sadeh LLC Encourages SNCR, FRGE, SNDA, OCFC Shareholders to Contact the Firm to Discuss Their Rights

01/06/2026 02:53 PM • Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential securities law violations and breaches of fiduciary duties related to their proposed mergers and acquisitions. The firm is seeking increased consideration for shareholders and additional disclosures regarding the transactions.

LFMDP - Expanding affordable medication access, strengthening pharmaceutical partnerships, and positioning itself strategically in the weight management healthcare market
SNCR - Company is under investigation for potential securities law violations and breach of fiduciary duties related to its $9.00 per share sale to Lumine Group Inc.
#securities law violations #fiduciary duties #mergers and acquisitions #shareholder rights #investor investigation
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FERMI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Fermi, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
FERMI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Fermi, Inc. and Encourages Investors to Contact the Firm

01/06/2026 02:45 PM • A class action lawsuit has been filed against Fermi, Inc. in the U.S. District Court for the Southern District of New York. The lawsuit alleges that Fermi made materially false and misleading statements regarding its Project Matador campus, including overstating tenant demand, understating reliance on a single tenant's funding commitment, and failing to disclose the significant risk of that tenant terminating its commitment. The class period covers purchases between October 1, 2025 and December 11, 2025, with a lead plaintiff deadline of March 6, 2026.

NVO - Continuing collaboration with LifeMD to improve medication accessibility without significant new developments
FRMI - The company faces a class action lawsuit alleging material misstatements and omissions regarding its core business project (Project Matador), including overstating tenant demand and understating financial risks. These allegations suggest potential fraud and breach of fiduciary duty, which typically result in significant investor losses and reputational damage.
#class action lawsuit #securities fraud #Project Matador #misstatements #tenant funding #IPO #investor losses
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