Latest news with #PLLP
Business Wire
3 days ago
- 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
4 days ago
- 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.
Business Wire
30-05-2025
- 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. 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. 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
27-05-2025
- Business
- Business Wire
Johnson Fistel Investigates Fairness of Proposed Sale of Informatica
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP has launched an investigation into whether the board members of Informatica (NYSE: INFA) breached their fiduciary duties in connection with the proposed sale of the Company to Salesforce (NYSE: CRM). This valuation is notably less than the historical highs of Informatica's stock, which reached $31.65 within the last twelve months and exceeded $38.00 in April 2024. On May 27, 2025, Informatica announced the execution of a definitive agreement with Salesforce for the acquisition of all outstanding shares of Informatica, wherein shareholders would receive a cash consideration of $25.00 per share. This valuation is notably less than the historical highs of Informatica's stock, which reached $31.65 within the last twelve months and exceeded $38.00 in April 2024. The proposed transaction raises significant considerations regarding shareholder interests and the implications of the offered price relative to the company's recent trading performance and historical valuation metrics. You can click or copy and paste the following link to join this investigation: If you are a shareholder of Informatica and believe the proposed buyout price is too low or if 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 for Securities Fraud and 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 informed about stock-related developments and learn how Johnson Fistel, PLLP may help you recover investment 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
27-05-2025
- Business
- Business Wire
Johnson Fistel Investigates Fairness of Proposed Sale of E2open
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP has launched an investigation into whether the board members of E2open Parent Holdings, Inc. (NYSE: ETWO) breached their fiduciary duties in connection with the proposed sale of the Company to WiseTech Global Limited (ASX: WTC). This valuation is notably less than the historical highs of E2open's stock, which reached $5.00 within the last twelve months and exceeded $13.00 several years prior. On May 25, 2025, E2open announced the execution of a definitive agreement with WiseTech for the acquisition of all outstanding shares of E2open in a go-private transaction, wherein shareholders would receive a cash consideration of $3.30 per share. This valuation is notably less than the historical highs of E2open's stock, which reached $5.00 within the last twelve months and exceeded $13.00 several years prior. The proposed transaction raises significant considerations regarding shareholder interests and the implications of the offered price relative to the company's recent trading performance and historical valuation metrics. You can click or copy and paste the following link to join this investigation: If you are a shareholder of E2open and believe the proposed buyout price is too low or if 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 for Securities Fraud and 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 informed about stock-related developments and learn how Johnson Fistel, PLLP may help you recover investment 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.
