Latest news with #EdelsonLechtzinLLP
Malaysian Reserve
3 days ago
- Business
- Malaysian Reserve
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of BellRing Brands, Inc. (NYSE: BRBR) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Conta
NEWTOWN, Pa., July 6, 2025 /PRNewswire/ — Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving BellRing Brands, Inc. ('BellRing') (NYSE: BRBR), resulting from allegations of providing misleading business information to the investing public. If you have non-public information that could assist in the BellRing investigation, or if you are a BellRing investor who suffered a loss and would like to learn more, you can provide your information HERE. You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@ THE COMPANY: BellRing is a consumer nutrition company producing and selling ready-to-drink protein shakes, powders, bars, and other nutrition products under brands like Premier Protein, Dymatize, and PowerBar. THE ALLEGED WRONGDOING: On May 6, 2025, BellRing disclosed during its quarterly earnings call that it expected a reduction in retailer inventory levels during the third quarter of 2025. As a result of the trade inventory changes, the company predicted 'Q3 net sales growth of low-single-digits with Premier Protein the main driver and all others flat to down.' On this news, BellRing's stock price fell $14.88 per share, or 18.97%, to close at $63.55 per share on May 6, 2025. ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class action cases alleging violations of federal antitrust laws, employee benefit plans under ERISA, wage theft, data security breaches, and consumer protection. For more information, please contact: Marc H. Edelson, Lechtzin, LECHTZIN LLP411 S. State Street, Suite N-300Newtown, PA 18940Phone: 844-696-7492 or 215-867-2399 ext. 1 Email: medelson@ Email: elechtzin@ Web: This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Malaysian Reserve
12-06-2025
- Business
- Malaysian Reserve
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Compass Diversified Holdings (NYSE: CODI) and Encourages Investors with Substantial Losses to Contact the Firm
NEWTOWN, Pa., June 11, 2025 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating potential violations of the federal securities laws involving Compass Diversified Holdings ('Compass') (NYSE: CODI), resulting from allegations of providing potentially misleading business information to the investing public. If you have non-public information that could assist in the Compass investigation, or if you are a Compass investor who suffered a loss and would like to learn more, you can provide your information HERE. You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@ THE COMPANY: Compass is a publicly traded investment company that acquires and manages businesses across various industries, including Lugano Holdings, Inc. ('Lugano'), which designs, manufactures, and markets luxury jewelry. THE ALLEGED WRONGDOING: On May 7, 2025, Compass issued a press release disclosing an ongoing internal investigation into Lugano's financial statements for fiscal year 2024. The company revealed that the investigation found 'irregularities in Lugano's [non-Compass] financing, accounting, and inventory practices' and that Lugano founder and CEO Moti Ferder resigned after disclosure of the preliminary findings. Following the press release, the price of Compass stock fell $10.70 per share, or approximately 62%, to close at $6.55 per share on May 8, 2025. ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft, data security, and consumer fraud. For more information, please contact: Marc H. Edelson, Lechtzin, LECHTZIN LLP411 S. State Street, Suite N-300Newtown, PA 18940Phone: 844-696-7492 or 215-867-2399 ext. 1Email: medelson@ Email: elechtzin@ Web: This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Yahoo
06-06-2025
- Business
- Yahoo
Cable One, Inc. (CABO) Faces Legal Scrutiny from Edelson Lechtzin LLP
Citing possible breaches of federal securities regulations, Edelson Lechtzin LLP has launched an investigation into Cable One, Inc. (NYSE:CABO). The inquiry follows serious concerns regarding potential misrepresentation of the company's operational outlook ahead of its first-quarter earnings announcement, which sharply missed analyst expectations and resulted in a market backlash. A customer in their home enjoying premium channels, high-definition set-top boxes, and whole-home DVRs. On May 1, 2025, Cable One, Inc. (NYSE:CABO) disclosed disappointing Q1 figures and said it would suspend its previously anticipated dividend. These results and announcements, deviating from the earlier guidance, prompted skepticism from analysts at KeyBanc and Raymond James, who criticized the company's previous forecasts on subscriber and broadband revenue growth. The stock quickly plummeted by 41.79%, reaching $152.51 per share on May 2. Having launched an inquiry on Cable One, Inc. (NYSE:CABO), Edelson Lechtzin LLP calls for those with non-public information related to the company to come forward and assist in the investigation. The probe has been initiated amid CEO Julia M. Laulis's retirement. Laulis has held on to the role for more than two decades at Cable One, Inc. (NYSE:CABO) and has over 40 years of expertise in the cable sector. Founded in Arizona, Cable One, Inc. (NYSE:CABO) delivers broadband internet, voice, and video services across underserved regions in the U.S. The company's core operations are centered around subscriber growth and infrastructure upgrades, areas that are now under investor scrutiny. While we acknowledge the potential of CABO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 10 Unstoppable Dividend Stocks to Buy Now and 11 Oversold Global Stocks to Buy According to Hedge Funds Disclosure: None. Sign in to access your portfolio
Yahoo
06-06-2025
- Business
- Yahoo
Semler Scientific, Inc. (SMLR) Faces Scrutiny from Edelson Lechtzin LLP
On June 4, 2025, Edelson Lechtzin LLP announced that it has initiated an inquiry into whether the healthcare technology company, Semler Scientific, Inc. (NASDAQ:SMLR), misled investors about its business operations regarding claims tied to its QuantaFlo diagnostic device. A doctor in focus surrounded by colleagues in a hospital setting. In an annual report filed by Semler Scientific, Inc. (NASDAQ:SMLR) on February 28, 2025, the company disclosed that the U.S. Department of Justice (DOJ) was evaluating a potential False Claims Act case. The report triggered immediate market reaction, with the company's shares plummeting by 9.4% to close at $38.89 on March 3. Initiating the inquiry, Edelson Lechtzin LLP has asked for the public and stakeholders' help. Edelson urges those with non-public information regarding Semler Scientific, Inc. (NASDAQ:SMLR) to come forward and assist them in the investigation. It also encourages the company's investors who have suffered losses to follow the inquiry to learn more. The investor confidence has been significantly fluctuating since the disclosure. The stock's performance, which gained 6.49% last month, declined by 13.46% last week. The California-based company, Semler Scientific, Inc. (NASDAQ:SMLR), is known for developing non-invasive medical tools, with QuantaFlo being its most prominent product. Focusing on early disease detection and chronic condition management, the company has positioned itself between healthcare and technology. While we acknowledge the potential of SMLR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 10 Unstoppable Dividend Stocks to Buy Now and 11 Oversold Global Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
05-06-2025
- Business
- Malaysian Reserve
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Luminar Technologies, Inc. (NASDAQ: LAZR) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information t
NEWTOWN, Pa., June 4, 2025 /PRNewswire/ — Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving Luminar Technologies, Inc. ('Luminar') (NASDAQ: LAZR), resulting from allegations of providing potentially misleading business information to the investing public. If you have non-public information that could assist in the Luminar investigation, or if you are a Luminar investor who suffered a loss and would like to learn more, you can provide your information HERE. You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@ THE COMPANY: Luminar Technologies is an automotive technology company developing advanced sensors, software, and safety systems for autonomous vehicles. THE ALLEGED WRONGDOING: On May 14, 2025, Luminar published a press release announcing the resignation of company founder, President, and CEO Austin Russell, effective immediately. According to the press release, Russell's resignation resulted from a business conduct and ethics inquiry conducted by an internal audit committee. Following publication of the press release, Luminar's stock price fell $0.80 per share, or 16.81%, to close at $3.96 per share on May 15, 2025. ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft, data security, and consumer fraud. For more information, please contact: Marc H. Edelson, Lechtzin, LECHTZIN LLP411 S. State Street, Suite N-300Newtown, PA 18940Phone: 844-696-7492 or 215-867-2399 ext. 1Email: medelson@ Email: elechtzin@ Web: This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
