Latest news with #securitiesfraud
Associated Press
7 hours ago
- Business
- Associated Press
STOCKHOLDER ALERT: Pending Securities Fraud Lawsuit Against Fiserv, Inc. (FI)
Philadelphia, Pennsylvania--(Newsfile Corp. - July 30, 2025) - Berger Montague PC is investigating potential securities fraud claims on behalf of investors of Fiserv, Inc. (NYSE: FI) ('Fiserv' or the 'Company') following the filing of a securities class action lawsuit. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Fiserv securities between July 24, 2024 and July 22, 2025 (the 'Class Period'). Investor Deadline: Investors who purchased or acquired Fiserv securities during the Class Period may, no later than September 22, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights,CLICK HERE. Fiserv, headquartered in Brookfield, Wisconsin, is a global provider of financial technology and payment solutions serving financial institutions and merchants. The lawsuit alleges that Fiserv and certain executives overstated the Company's growth by failing to disclose, among other things, that its new payment platform, Clover, was experiencing a boost in revenue growth and gross payment volumes because the Company was forcing merchants to transition from its legacy Payeezy platform. Investors learned the Company's true financial picture following a series of disclosures which culminated on July 23, 2025, when Fiserv lowered its 2025 organic growth projections and confirmed that decelerated growth in its Merchant segment. On these announcements, Fiserv's share price declined dramatically. If you are a Fiserv investor and would like to learn more about this action,CLICK HEREor please contact Berger Montague: Andrew Abramowitz at[email protected]or (215) 875-3015, or Caitlin Adorni at[email protected]or (267)764-4865. About Berger Montague Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, Chicago, Malvern, and Toronto has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States. For more information or to discuss your rights, please contact: Andrew Abramowitz, Senior Counsel Berger Montague (215) 875-3015 [email protected] Caitlin Adorni Berger Montague (267) 764-4865 [email protected] To view the source version of this press release, please visit
Globe and Mail
8 hours ago
- Business
- Globe and Mail
Investors in Rocket Pharmaceuticals, Inc. (RCKT): Protect Your Rights - Contact Levi & Korsinsky Before August 11, 2025
New York, New York--(Newsfile Corp. - July 30, 2025) - If you suffered a loss on your Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: or contact Joseph E. Levi, Esq. via email at jlevi@ or call (212) 363-7500 to speak to our team of experienced shareholder advocates. Cannot view this video? Visit: THE LAWSUIT: A class action securities lawsuit was filed against Rocket Pharmaceuticals, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between September 17, 2024 and May 26, 2025. CASE DETAILS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of RP-A501's safety and clinical trial protocol; notably, that Rocket knew Serious Adverse Events (SAEs), including death of participants enrolled in the study, were a risk. In particular, Rocket amended the trial's protocol to introduce a novel immunomodulatory agent to the pretreatment regimen without providing this critical update to shareholders. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Rocket's securities at artificially inflated prices. On May 27, 2025, Rocket announced that the FDA placed a clinical hold on the RP-A501 Phase 2 pivotal study after at least one patient suffered a Serious Adverse Event (SAE), ultimately, death, while enrolled in the study following a substantive amendment to the protocol that the Company failed to disclose to investors at the time management made the revision. In fact, Rocket stated that, while the patient was dosed in May, the decision to amend the protocol was made "several months" earlier. Despite this, Rocket made no attempt to alert investors or the public to the change until after the SAE occurred. Following this news, the price of Rocket's common stock declined dramatically. From a closing market price of $6.27 per share on May 23, 2025, Rocket's stock price fell to $2.33 per share on May 27, 2025, a decline of about 37% in the span of just a single trading day. WHAT'S NEXT? If you suffered a loss in Rocket stock during the relevant time frame - even if you still hold your shares - go to to learn about your rights to seek a recovery. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
Associated Press
8 hours ago
- Business
- Associated Press
BellRing Brands, Inc. Investors: Company Investigated by the Portnoy Law Firm
Investors cancontactthe law firm at no cost to learn more about recovering their losses LOS ANGELES, July 30, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises BellRing Brands, Inc. ('BellRing Brands' or 'the Company') (NYSE: BRBR) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. BellRing Brands investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. On May 5, 2025, following the close of trading, BellRing Brands released its fiscal Q2 2025 financial results. The following morning, during the Company's earnings call, BellRing disclosed that, beginning in Q2 2023, several key retailers had reduced their weeks of supply on hand — a trend the Company acknowledged would present a headwind to growth in Q3 2025. The Company further announced that it expected net sales growth for Q3 to be in the 'low single digits,' driven primarily by Premier Protein, with all other product lines projected to be 'flat to down.' In an effort to mitigate the anticipated impact, BellRing stated it would expand promotional activities to help offset reductions in retailer trade inventory levels. Following these disclosures, the market reacted negatively. On May 6, 2025, the price of BellRing Brands stock declined sharply by $13.96 per share, representing a loss of more than 18%, falling from $77.34 on May 5 to $63.38 per share. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq. Admitted CA, NY and TX Bars [email protected] 310-692-8883 Attorney Advertising
Globe and Mail
8 hours ago
- Business
- Globe and Mail
Investors Urged to Contact Levi & Korsinsky for Information Before August 12, 2025 - 3D Systems Corporation (DDD)
New York, New York--(Newsfile Corp. - July 30, 2025) - If you suffered a loss on your 3D Systems Corporation (NYSE: DDD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: or contact Joseph E. Levi, Esq. via email at jlevi@ or call (212) 363-7500 to speak to our team of experienced shareholder advocates. Cannot view this video? Visit: THE LAWSUIT: A class action securities lawsuit was filed against 3D Systems Corporation that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between August 13, 2024 and May 12, 2025. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) 3D Systems had understated the impact of weakened customer spending on the Company's business, while overstating its resilience in challenging industry conditions; (ii) in addition, the updated milestone criteria in the partnership with United Therapeutics Corporation would negatively impact the Company's regenerative medicine program revenue; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times. WHAT'S NEXT? If you suffered a loss in 3D Systems Corporation stock during the relevant time frame - even if you still hold your shares - go to to learn about your rights to seek a recovery. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
Globe and Mail
9 hours ago
- Business
- Globe and Mail
Class Action Filed Against XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP (XIFR) Over Securities Violations - Contact Levi & Korsinsky Today
New York, New York--(Newsfile Corp. - July 30, 2025) - If you suffered a loss on your XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP (NYSE: XIFR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: or contact Joseph E. Levi, Esq. via email at jlevi@ or call (212) 363-7500 to speak to our team of experienced shareholder advocates. THE LAWSUIT: A class action securities lawsuit was filed against XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between September 27, 2023 and January 27, 2025. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) XPLR was struggling to maintain its operations as a yieldco; (ii) defendants temporarily relieved this issue by entering into certain financing arrangements, described herein, while downplaying the attendant risks; (iii) XPLR could not resolve those financings before their maturity date without risking significant unitholder dilution; (iv) as a result, defendants planned to halt cash distributions to investors and instead redirect those funds to, inter alia, resolve those financings; (v) as a result of all the foregoing, XPLR's yieldco business model and distribution growth rate was unsustainable; and (vi) as a result, defendants' public statements were materially false and misleading at all relevant times. WHAT'S NEXT? If you suffered a loss in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP stock during the relevant time frame - even if you still hold your shares - go to to learn about your rights to seek a recovery. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
