Results for: Securities Fraud

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Acadia Healthcare Company, Inc. (ACHC) and encourages investors who suffered losses exceeding $100,000 between February 28, 2020, and October 18, 2024, to contact the firm. The investigation focuses on allegations that Acadia Healthcare misled investors about its business practices, including allegations of patient abuse and deceptive billing practices. Investors who believe they may have been affected are encouraged to contact Faruqi & Faruqi partner Josh Wilson directly.

Robbins Geller Rudman & Dowd LLP is representing investors who purchased Edwards Lifesciences Corporation (EW) securities between February 6, 2024 and July 24, 2024, in a class action lawsuit alleging that the company made false and misleading statements about its financial performance and prospects. The lawsuit claims that Edwards Lifesciences misrepresented the growth potential of its Transcatheter Aortic Valve Replacement (TAVR) product, leading to a significant stock price drop after the company announced disappointing second-quarter 2024 results. Investors who suffered losses during this period have until December 13, 2024, to seek appointment as lead plaintiff in the lawsuit.

Faruqi & Faruqi, LLP, a leading securities law firm, is investigating potential claims against Spire Global, Inc. (SPIR) for alleged misstatements about its revenue recognition practices. The firm encourages investors who suffered losses exceeding $75,000 to contact them.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Paragon 28, Inc. for alleged securities fraud. The firm encourages investors who suffered losses exceeding $75,000 in Paragon 28 between May 5, 2023, and August 8, 2024, to contact them directly to discuss their options. The investigation centers around allegations that Paragon 28 made false and misleading statements about its financial performance and internal controls.

Faruqi & Faruqi, LLP, a national securities law firm, is investigating potential claims against PDD Holdings Inc. (formerly known as Pinduoduo Inc.) for alleged securities fraud. The firm is seeking investors who lost over $100,000 in PDD between April 30, 2021, and June 25, 2024, to join a class action lawsuit. The lawsuit alleges that PDD misled investors about its business practices, including the presence of malware in its apps and the sale of products made by forced labor.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Extreme Networks, Inc. for alleged misleading statements about its business performance, particularly concerning backlog orders and revenue projections. Investors who suffered losses exceeding $100,000 in Extreme Networks between July 27, 2022 and January 30, 2024 are encouraged to contact the firm to discuss their options.

American Airlines investors who purchased the company’s securities between July 20, 2023, and May 28, 2024, have until September 16th to file lead plaintiff applications in class action lawsuits alleging the company withheld important information, resulting in a significant stock price drop. The lawsuits stem from American Airlines’ announcement of the termination of its Chief Commercial Officer and a downward revision of its short-term guidance.

A class action lawsuit has been filed against American Airlines, alleging that the company misrepresented its financial performance and sales strategy. Investors who purchased American Airlines securities during the class period may be eligible for compensation. The Rosen Law Firm, a leading securities class action law firm, is representing the plaintiffs.

Faruqi & Faruqi, LLP, a leading securities law firm, is investigating potential claims against DexCom, Inc. The firm alleges that DexCom misled investors about its salesforce’s ability to meet growth expectations. Following a significant drop in stock price after DexCom announced reduced revenue guidance, investors who suffered losses exceeding $100,000 are encouraged to contact the firm.

The Supreme Court has declined to review Elon Musk’s appeal of a settlement agreement with the Securities and Exchange Commission (SEC) that requires him to have certain social media posts about Tesla pre-approved by a company lawyer. The SEC had accused Musk of securities fraud following a 2018 tweet where he stated that he had acquired funding to take Tesla private, causing a spike in the company’s stock price. The tweet was deemed to be “false and misleading,” resulting in Musk being ordered to step down as Tesla’s chairman and pay a $20 million fine. The pre-approval requirement was also imposed to ensure the accuracy of Musk’s public statements.