Legal

MBLY Action Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Mobileye Global Inc. (MBLY) Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit

Retrieved on: 
Saturday, March 9, 2024

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Mobileye Global Inc. (“Mobileye”) ( NASDAQ: MBLY ).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Mobileye Global Inc. (“Mobileye”) ( NASDAQ: MBLY ).
  • The action charges Mobileye with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • Kessler Topaz Meltzer & Check, LLP encourages Mobileye investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The class action complaint against Mobileye, Mcauliffe v. Mobileye Global Inc., et al., Case No.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Nextdoor Holdings, Inc. (KIND) Investors

Retrieved on: 
Friday, March 8, 2024

Nextdoor investors have until April 29, 2024 to file a lead plaintiff motion.

Key Points: 
  • Nextdoor investors have until April 29, 2024 to file a lead plaintiff motion.
  • Investors suffering losses on their Nextdoor investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to [email protected] .
  • On this news, Nextdoor’s stock price fell $0.85, or 13.6%, to close at $5.39 per share on March 4, 2022, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SkyWater Expands Board of Directors with Appointment of Dennis Goetz and Joseph Humke

Retrieved on: 
Friday, March 8, 2024

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of two accomplished professionals to its board of directors: Dennis Goetz and Joseph Humke, effective April 1, 2024.

Key Points: 
  • SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of two accomplished professionals to its board of directors: Dennis Goetz and Joseph Humke, effective April 1, 2024.
  • Mr. Goetz will serve on the Board’s Audit Committee and Mr. Humke will serve on the Nominating and Corporate Governance Committee.
  • Mr. Goetz joins the Board with extensive finance experience as a versatile leader and trusted business advisor with a history of driving profitable growth and sustainable value creation.
  • Mr. Humke brings broad legal and M&A experience to SkyWater’s Board, further strengthening its governance and strategic decision-making processes.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Infinera Corporation (INFN) on Behalf of Investors

Retrieved on: 
Friday, March 8, 2024

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Infinera Corporation (“Infinera” or the “Company”) (NASDAQ: INFN ) investors concerning the Company’s possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Infinera Corporation (“Infinera” or the “Company”) (NASDAQ: INFN ) investors concerning the Company’s possible violations of the federal securities laws.
  • If you suffered a loss on your Infinera investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Infinera-Corporation/ .
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • Whistleblower Notice: Persons with non-public information regarding Infinera should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.

VERRICA PHARMACEUTICALS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Verrica Pharmaceuticals Inc. - VRCA

Retrieved on: 
Friday, March 8, 2024

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Verrica Pharmaceuticals Inc. (NasdaqGM: VRCA).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Verrica Pharmaceuticals Inc. (NasdaqGM: VRCA).
  • On September 20, 2021, the Company disclosed the receipt of a Complete Response Letter (“CRL”) resulting from deficiencies at its contract manufacturer’s facility.
  • KSF’s investigation is focusing on whether Verrica’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.

DOLLAR GENERAL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Dollar General Corporation - DG

Retrieved on: 
Friday, March 8, 2024

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Dollar General Corporation (NYSE: DG).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Dollar General Corporation (NYSE: DG).
  • KSF’s investigation is focusing on whether Dollar General’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.
  • KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

Methode Electronics Alert: Johnson Fistel Has Commenced a Class Action Investigation

Retrieved on: 
Friday, March 8, 2024

Shareholder rights law firm Johnson Fistel, LLP is investigating whether Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors.

Key Points: 
  • Shareholder rights law firm Johnson Fistel, LLP is investigating whether Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors.
  • The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.
  • If you bought securities and suffered significant losses on your investment, join our investigation now:
    There is no cost or obligation to you.
  • Methode reported Q3 non-GAAP EPS of -$0.33 missing estimates by $0.41 and revenue of $259.5M missing estimates by $28.53 million.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Xcel Energy Inc. (XEL)

Retrieved on: 
Friday, March 8, 2024

The law firm of Kirby McInerney LLP is investigating potential claims against Xcel Energy Inc. (“Xcel” or the “Company”) (NASDAQ: XEL ).

Key Points: 
  • The law firm of Kirby McInerney LLP is investigating potential claims against Xcel Energy Inc. (“Xcel” or the “Company”) (NASDAQ: XEL ).
  • The investigation concerns whether Xcel and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Ventyx Biosciences, Inc. (VTYX) Investors

Retrieved on: 
Friday, March 8, 2024

Ventyx investors have until April 30, 2024 to file a lead plaintiff motion.

Key Points: 
  • Ventyx investors have until April 30, 2024 to file a lead plaintiff motion.
  • On or about October 21, 2021, Ventyx conducted its IPO, selling over 9 million shares of common stock at $16.00 per share.
  • On this news, Ventyx’s stock price fell $11.36, or 80.6%, to close at $2.73 per share on November 7, 2023, thereby injuring investors.
  • Then, on November 22, 2023, Ventyx disclosed that the Company’s President and Chief Medical Officer would no longer serve in those roles.

LIVE NATION INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Live Nation Entertainment, Inc. - LYV

Retrieved on: 
Friday, March 8, 2024

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Live Nation Entertainment, Inc. (NYSE: LYV).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Live Nation Entertainment, Inc. (NYSE: LYV).
  • Recently, the court presiding over that case denied the Company’s motion to dismiss, allowing the case to move forward.
  • KSF’s investigation is focusing on whether Live Nation’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.