Class Action Lawsuit

The Law Offices of Frank R. Cruz Announces Investigation of Perion Network Ltd. (PERI) on Behalf of Investors

Retrieved on: 
Monday, April 8, 2024

The Law Offices of Frank R. Cruz announces an investigation of Perion Network Ltd. (“Perion” or the “Company”) (NASDAQ: PERI ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of Perion Network Ltd. (“Perion” or the “Company”) (NASDAQ: PERI ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • The Company attributed the revision to a drop in search advertising pricing due to changes made by Microsoft’s Bing search engine.
  • On this news, Perion’s stock price fell as much as 41% during intraday trading on April 8, 2024, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

MODN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Model N, Inc. Is Fair to Shareholders

Retrieved on: 
Monday, April 8, 2024

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Model N, Inc. (NYSE: MODN) to Vista Equity Partners for $30.00 per share is fair to Model N shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Model N, Inc. (NYSE: MODN) to Vista Equity Partners for $30.00 per share is fair to Model N shareholders.
  • The investigation concerns whether Model N and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Model N shareholders; (2) determine whether Vista is underpaying for Model N; and (3) disclose all material information necessary for Model N shareholders to adequately assess and value the merger consideration.
  • On behalf of Model N shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Luna Innovations Incorporated (LUNA) Investors

Retrieved on: 
Monday, April 8, 2024

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Luna Innovations Incorporated (“Luna” or the “Company”) (NASDAQ: LUNA ) securities between August 11, 2023 and March 25, 2024, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Luna Innovations Incorporated (“Luna” or the “Company”) (NASDAQ: LUNA ) securities between August 11, 2023 and March 25, 2024, inclusive (the “Class Period”).
  • Luna investors have until May 31, 2024 to file a lead plaintiff motion.
  • On this news, Luna’s stock price fell $2.24, or 35.8%, to close at $4.02 per share on March 13, 2024, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

AIRC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Apartment Income REIT Corp. Is Fair to Shareholders

Retrieved on: 
Monday, April 8, 2024

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone for $39.12 per share is fair to Apartment Income shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone for $39.12 per share is fair to Apartment Income shareholders.
  • The investigation concerns whether Apartment Income and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Apartment Income shareholders; (2) determine whether Blackstone is underpaying for Apartment Income; and (3) disclose all material information necessary for Apartment Income shareholders to adequately assess and value the merger consideration.
  • On behalf of Apartment Income shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Amylyx Pharmaceuticals, Inc. (AMLX)

Retrieved on: 
Monday, April 8, 2024

On November 9, 2023, Amylyx released its third quarter 2023 financial results, missing GAAP earnings per share consensus estimates by approximately 29%.

Key Points: 
  • On November 9, 2023, Amylyx released its third quarter 2023 financial results, missing GAAP earnings per share consensus estimates by approximately 29%.
  • On this news, Amylyx’s stock price fell $5.74, or 31.9%, to close at $12.26 per share on November 9, 2023, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

MODEL N INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Model N, Inc. - MODN

Retrieved on: 
Tuesday, April 9, 2024

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Model N, Inc. (NYSE: MODN) to Vista Equity Partners.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Model N, Inc. (NYSE: MODN) to Vista Equity Partners.
  • Under the terms of the proposed transaction, shareholders of Model N will receive $30.00 in cash for each share of Model N that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Prudential Securities Litigation

Retrieved on: 
Monday, April 8, 2024

The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Prudential Securities Litigation:

Key Points: 
  • The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Prudential Securities Litigation:
    TO: ALL PERSONS AND ENTITIES WHO PURCHASED THE COMMON STOCK OF PRUDENTIAL FINANCIAL, INC.
  • BETWEEN JUNE 5, 2019 AND AUGUST 2, 2019, INCLUSIVE (“CLASS” OR “CLASS MEMBERS”)
    THIS NOTICE WAS AUTHORIZED BY THE COURT.
  • Also, if the Court requires or allows Class Members to participate in the Settlement Hearing by telephone or videoconference, the access information will be posted to the Settlement website, www.PrudentialSecuritiesSettlement.com .
  • IF YOU PURCHASED PRUDENTIAL COMMON STOCK BETWEEN JUNE 5, 2019 AND AUGUST 2, 2019, INCLUSIVE, YOUR RIGHTS ARE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.

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

Retrieved on: 
Monday, April 8, 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 Amplitude, Inc. (“Amplitude”) (NASDAQ: AMPL ).

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 Amplitude, Inc. (“Amplitude”) (NASDAQ: AMPL ).
  • The action charges Amplitude with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Amplitude’s materially misleading statements and omissions to the public, Amplitude’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Amplitude investors who have suffered significant losses to contact the firm directly to acquire more information.

SHOCKWAVE MEDICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Shockwave Medical, Inc. - SWAV

Retrieved on: 
Tuesday, April 9, 2024

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Shockwave Medical, Inc. (NasdaqGS: SWAV) to Johnson & Johnson (NYSE: JNJ).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Shockwave Medical, Inc. (NasdaqGS: SWAV) to Johnson & Johnson (NYSE: JNJ).
  • Under the terms of the proposed transaction, shareholders of Shockwave will receive $335.00 in cash for each share of Shockwave that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

HUT DEADLINE TODAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – HUT

Retrieved on: 
Monday, April 8, 2024

WHAT TO DO NEXT: To join the Hut 8 class action, go to https://rosenlegal.com/submit-form/?case_id=22432 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Hut 8 class action, go to https://rosenlegal.com/submit-form/?case_id=22432 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.