Latest news with #JimBaker
Globe and Mail
24-07-2025
- Business
- Globe and Mail
Johnson Fistel Begins Investigation on Behalf of KinderCare Learning Companies, Inc. (KLC) Shareholders
Shareholder rights law firm Johnson Fistel, PLLP is investigating whether KinderCare Learning Companies, Inc. (NYSE: KLC), or any of its executive officers, violated securities laws by misrepresenting or failing to timely disclose material information to investors. What if I purchased KLC securities? If you purchased securities and suffered losses on your investment, join our investigation now: [ Click Here to Join the Investigation ] Or for more information, contact Jim Baker at jimb@ or (619) 814-4471. There is no cost or obligation to you. What is this about? The investigation centers on whether KinderCare made false or misleading statements, or failed to disclose key information relevant to investors. On March 20, 2025, the company released its financial results for the fourth quarter and full year of 2024, reporting an operating loss of $89.3 million— a sharp decline from the $48.7 million profit posted during the same quarter the previous year. The company attributed the loss to higher equity-based compensation expenses and reduced COVID-19 reimbursements. Furthermore, its 2025 guidance came in below analysts' expectations. Following this announcement, KinderCare's stock dropped 22.17% the next day. What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@ About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs' securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Business Wire
24-07-2025
- Business
- Business Wire
Johnson Fistel Begins Investigation on Behalf of KinderCare Learning Companies, Inc. (KLC) Shareholders
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP is investigating whether KinderCare Learning Companies, Inc. (NYSE: KLC), or any of its executive officers, violated securities laws by misrepresenting or failing to timely disclose material information to investors. Johnson Fistel, PLLP is investigating whether KinderCare Learning Companies, Inc. (NYSE: KLC), or any of its executive officers, violated securities laws by misrepresenting or failing to timely disclose material information to investors. Share What if I purchased KLC securities? If you purchased securities and suffered losses on your investment, join our investigation now: [ Click Here to Join the Investigation ] Or for more information, contact Jim Baker at jimb@ or (619) 814-4471. There is no cost or obligation to you. What is this about? The investigation centers on whether KinderCare made false or misleading statements, or failed to disclose key information relevant to investors. On March 20, 2025, the company released its financial results for the fourth quarter and full year of 2024, reporting an operating loss of $89.3 million— a sharp decline from the $48.7 million profit posted during the same quarter the previous year. The company attributed the loss to higher equity-based compensation expenses and reduced COVID-19 reimbursements. Furthermore, its 2025 guidance came in below analysts' expectations. Following this announcement, KinderCare's stock dropped 22.17% the next day. What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@ About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs' securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Business Wire
17-06-2025
- Business
- Business Wire
Johnson Fistel Launches Probe into Skechers Go Private Deal
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP, a leading shareholder rights law firm, has commenced an investigation into whether the board of directors of Skechers U.S.A., Inc. (NYSE: SKX) breached its fiduciary duties in connection with the proposed sale of the Company to 3G Capital Corp. ('3G'). The inquiry focuses on the fairness of the consideration being offered to Skechers' public shareholders and whether the transaction reflects full and fair value for all shareholders. Over the twelve months preceding the announcement of the deal, Skechers common stock traded at levels approaching $80.00 per share, raising potential concerns Share On May 5, 2025, Skechers entered into a definitive agreement under which 3G will acquire all outstanding shares of common stock in a go-private transaction. Under the terms of the agreement, each holder of Skechers common stock may elect to receive either: • $63.00 in cash per share, or • $57.00 in cash per share plus one unit in the post-closing private entity controlled by 3G. Over the twelve-month period preceding the announcement of the deal, Skechers common stock traded at levels approaching $80.00 per share, raising potential concerns that the proposed cash consideration and equity rollover option may undervalue shareholder interests. Johnson Fistel's investigation will examine, among other issues: • Whether Skechers' board of directors satisfied its fiduciary duty to secure the highest attainable cash consideration for public shareholders; • The process by which the board evaluated strategic alternatives and negotiated deal terms; • The adequacy of the disclosure provided to investors regarding the proposed go-private transaction; and • Any conflicts of interest that may have influenced the board's recommendation. You can click or copy and paste the following link to join this investigation: If you are a shareholder of Skechers and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@ at 619-814-4471. If emailing, please include a phone number. About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs' securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Business Wire
05-06-2025
- Business
- Business Wire
Johnson Fistel Investigates Quantum Computing: Long-Term Investors Encouraged to Reach Out
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP, a shareholder rights law firm, announces it is investigating potential breaches of fiduciary duties by certain directors and officers of Quantum Computing Inc. (NASDAQ: QUBT) ('QCI' or 'the Company') in relation to their obligations to the company's shareholders. Johnson Fistel, PLLP, a shareholder rights law firm, announces it is investigating potential breaches of fiduciary duties by certain directors and officers of Quantum Computing Inc. (NASDAQ: QUBT) ('QCI' or 'the Company') in relation to their obligations Share What can I do? If you are a current long-term QCI shareholder, you may have legal claims that may be brought on behalf of the company, against the company's directors and officers. If you wish to discuss this notice or your legal rights, please contact lead analyst Jim Baker (jimb@ at 619-814-4471. If emailing, please include a phone number. If you have continuously owned QCI shares, you can click or copy and paste the link below in a browser to join: What is this about? Recently a class action complaint was filed against QCI alleging that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Defendants overstated the capabilities of QCI's quantum computing technologies, products, and/or services; (2) Defendants overstated the scope and nature of QCI's relationship with NASA, as well as the scope and nature of QCI's NASA-related contracts and/or subcontracts; (3) Defendants overstated QCI's progress in developing a TFLN foundry, the scale of the purported TFLN foundry, and orders for the Company's TFLN chips; (4) QCI's business dealings with Quad M Solutions, Inc. and millionways, Inc. both qualified as related party transactions; (5) accordingly, QCI's revenues relied, at least in part, on undisclosed related party transactions; (6) all the foregoing, once revealed, was likely to have a significant negative impact on QCI's business and reputation; and (7) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times. About Johnson Fistel, PLLP: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Colorado, and Idaho. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Business Wire
04-06-2025
- Business
- Business Wire
Johnson Fistel, PLLP Investigates Abacus Global on Behalf of Shareholders Who Incurred Losses
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating whether Abacus Global Management, Inc. (NASDAQ: ABL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. According to Morpheus, a reliance on ever-shifting fair-value estimates and related-party transactions has inflated reported profits and hidden underlying risks Share What if I purchased Abacus Global securities? If you purchased securities and suffered losses on your investment, join our investigation now: For more information, contact Jim Baker at jimb@ or (619) 814-4471 There is no cost or obligation to you. What is Johnson Fistel investigating? Morpheus Research recently published a detailed report on Abacus Global that called into question the integrity of the company's asset valuation methods. Based on a three-month investigation involving interviews with former employees, analysis of internal documents and footnotes from financial statements, the report argues that Abacus Global's seemingly stellar returns may not stem from genuine investment performance but rather from an opaque accounting scheme. According to Morpheus, a reliance on ever-shifting fair-value estimates and related-party transactions has inflated reported profits and hidden underlying risks, raising fresh concerns among investors about whether Abacus Global's books truly reflect its economic reality. About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs' securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
