Latest news with #SchwartzDJS
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
NPWR Shareholders Have the Right to Lead the NET Power, Inc. Securities Lawsuit
LOS ANGELES, June 2, 2025 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against NET Power, Inc. ('NET Power' or 'the Company') (NYSE: NPWR) for violations of the federal securities laws. Shareholders who purchased the Company's securities between June 9, 2023 and March 7, 2025, inclusive (the 'Class Period'), are encouraged to contact the firm before June 17, 2025. CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market concerning whether Net Power was unlikely to complete Project Permian on time and on budget due to supply chain issues and multiple issues specific to the site and region. The Company's projections about the time and financial resources required to complete Project Permian were not based in reality. The Company's financial results and business would be negatively impacted by the delays and cost overruns associated with Project Permian. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1Eastchester, NY 10709Phone: 914-206-9742Email: David@
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
BITF Shareholders Have the Right to Lead the Bitfarms Ltd. Securities Lawsuit
LOS ANGELES, June 2, 2025 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against Bitfarms Ltd. ('Bitfarms' or 'the Company') (NASDAQ: BITF) for violations of the federal securities laws. Shareholders who purchased the Company's securities between March 21, 2023 and December 9, 2024, inclusive (the 'Class Period'), are encouraged to contact the firm before July 8, 2025. CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market concerning whether Bitfarms failed to maintain adequate controls over financial reporting. The Company incorrectly accounts for proceeds from the sale of digital assets as the result of operating activities, not investing activities. The Company overstated its remediation of material weaknesses in its internal controls. The Company misstated items in its previous financial statements due to these weaknesses. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1 Eastchester, NY 10709Phone: 914-206-9742Email: David@
Malaysian Reserve
27-05-2025
- Business
- Malaysian Reserve
SOUN Shareholders Have the Right to Lead the SoundHound AI, Inc. Securities Lawsuit
LOS ANGELES, May 27, 2025 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against SoundHound AI, Inc. ('SoundHound' or 'the Company') (NASDAQ: SOUN) for violations of the federal securities laws. Shareholders who purchased the Company's securities between May 10, 2024 and March 3, 2025, inclusive (the 'Class Period'), are encouraged to contact the firm before May 27, 2025. CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market. SoundHound suffered from weaknesses in its internal controls over financial reporting which hampered its ability to account for acquisitions. The Company overstated its remediation of these weaknesses. The Company's reported goodwill following its acquisition of Amelia was inflated. This issue, and extra time required to account for the Company's acquisition of Amelia and SYNQ3, would cause it to fail to file certain financial reports with the SEC in a timely manner. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1 Eastchester, NY 10709Phone: 914-206-9742Email: David@
