Complaint

SEC Charges Former Financial Consultant for Providing Father and Friends Inside Information Regarding Firm's Client

Retrieved on: 
Friday, September 13, 2024
Federico, Security (finance), Complaint, Infrastructure, MasTec, Acquisition, IEA, Friends, District court, Nannini, Financial Industry Regulatory Authority

Consultant's father and two friends charged with making more than $1 million in illicit insider trading profits

Key Points: 
  • According to the SEC’s complaint, on June 7, 2022, Federico Nannini, of Coral Gables, Florida, was entrusted with material nonpublic information that his firm’s client, MasTec, was interested in acquiring IEA.
  • The next day, Federico Nannini tipped his father, Mauro Nannini, who then purchased 34,500 shares of IEA over the next several weeks for $310,729.
  • In a parallel action, the U.S. Attorney’s Office for the Southern District of Florida today announced criminal charges against Federico Nannini, Mauro Nannini, Thermiotis, and Tonarely.
  • The SEC appreciates the assistance of the U.S. Attorney’s Office for the Southern District of Florida, the FBI Miami Field Office, and the Financial Industry Regulatory Authority.

Extreme Networks (EXTR) Tumbled 18% After Guiding For Year-Over-Year Revenue Declines, Stock Has Not Recovered - Hagens Berman

Retrieved on: 
Friday, September 13, 2024
Q3, Person, Knowledge, Complaint, COVID-19, Action Replay, CFO, Extreme, SAN, Hagens Berman, Cryptocurrency

SAN FRANCISCO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Extreme Networks, Inc. (NASDAQ: EXTR) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Extreme Networks, Inc. (NASDAQ: EXTR) investors who suffered substantial losses to submit your losses now .
  • The complaint, filed in the Northern District of California federal court, centers around Extreme Networks' "backlog" metric, which indicates client demand and anticipated revenue.
  • The class period begins on July 27, 2022, and extends through January 30, 2024, when Extreme Networks reported a significant decline in product revenue.
  • “We’re investigating whether Extreme Networks prioritized short-term gains over transparency,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

EXTR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Extreme Networks, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Extreme Networks, Court, COVID-19, Advertising, Person, Complaint

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/EXTR .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/EXTR .
  • The Complaint alleges that throughout the class period, Defendants made false and misleading statements to the market.
  • If you suffered a loss in Extreme Networks you have until October 15, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

PDD INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that PDD Holdings Inc. f/k/a Pinduoduo Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Temu, Person, Complaint, Court, Loss, PDD, Risk

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/PDD .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/PDD .
  • or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in PDD you have until October 15, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Electronics, Person, Court, COVID-19, General Motors, Complaint, Original equipment manufacturer, EidosMedia, Methode Electronics, EV

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/MEI .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/MEI .
  • or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Methode Electronics you have until October 25, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

FIVE INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Five Below, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Disclosure, Court, FIVE, Person, Complaint

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/FIVE .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/FIVE .
  • The Complaint alleges that defendants provided investors with false and/or materially misleading information about FIVE's financial strength and operations, including its outlook for the first quarter and full year 2024.
  • or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

CXM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Sprinklr, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
News, CXM, City centre, Person, Growth, AI, Complaint, Court

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/CXM .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/CXM .
  • Following this news, Sprinklr's stock price fell by $5.59 per share, or approximately 34% to close at $11.11 per share.
  • or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

WBTN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that WEBTOON Entertainment, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Person, Prospectus, Court, IPO, IP, Complaint, Advertising, Acceleration, Register, Security (finance)

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/WBTN .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/WBTN .
  • or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Webtoon you have until November 5, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

SYM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Symbotic, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Person, News, Court, SYM, Complaint

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/SYM .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/SYM .
  • The Complaint continues to allege that analysts commenting on the stock questioned when management first knew and responded to the issues.
  • or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

DAVA INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Endava plc Investors with Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, September 13, 2024
Court, DAVA, Person, Complaint, Security (finance)

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Endava plc (“Endava” or “the Company”) (NYSE: DAVA) and certain of its officers.

Key Points: 
  • NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Endava plc (“Endava” or “the Company”) (NYSE: DAVA) and certain of its officers.
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/DAVA .
  • If you suffered a loss in Endava you have until October 25, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.