Articles from Gibbs Law Group
Lost Money in Sezzle Inc. (SEZL)? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Sezzle Inc. (SEZL) plummeted over 25% in intraday trading on Wednesday, December 18, 2024, after Hindenburg Research published a report accusing the company of “borrowing expensive capital to make extremely risky loans through [its] struggling platform that is rapidly losing customers.” Gibbs Law Group is investigating a potential Sezzle Inc. (NASDAQSEZL) Securities Class Action Lawsuit on behalf of shareholders who lost money in Sezzle Inc.
By Gibbs Law Group · Via Business Wire · December 18, 2024
Class Action Lawsuit Filed Against Porsche Alleging Dangerous Battery Defect in Taycan Electric Vehicles by Gibbs Law Group
Gibbs Law Group has filed a class action lawsuit against Porsche for allegedly failing to disclose or adequately repair a dangerous defect in the 800V lithium-ion batteries equipped in Porsche’s Taycan electric vehicles (EVs), model years 2020-2024. According to the lawsuit, the defect may cause the batteries to lose power and worse, short circuit, creating the risk of a fire. The lawsuit is titled Kukrika et al. v. Porsche Cars N.A., Inc., Case 1:24-cv-05492-ELR and is pending in the Northern District of Georgia.
By Gibbs Law Group · Via Business Wire · December 11, 2024
iLearningEngines, Inc. Investor Alert: Gibbs Law Group Reminds Investors of the Opportunity to join a Class Action Lawsuit Seeking Recovery
Gibbs Law Group reminds investors that a class action lawsuit has been filed on behalf of investors who purchased or acquired shares of iLearningEngines, Inc. (NASDAQAILE) between April 22, 2024, and August 28, 2024. Previously, iLearning stock plunged over 54% in intraday trading on Thursday, August 29, 2024, following a Hindenburg report alleging that “the majority of iLearningEngines’ revenue doesn’t exist” and that its relationship with an undisclosed related party referred to as “Technology Partner” is “a conduit for falsifying its financials.”
By Gibbs Law Group · Via Business Wire · November 13, 2024
Lost Money in Evolv Technology? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Evolv Technologies Holdings, Inc. (“Evolv Technology”) plunged over 40% in intraday trading on Friday, October 25, 2024, after the company announced that certain previously issued financial statements from 2022-2024 should no longer be relied upon, and that it will delay the filing of its Quarterly Report for the period ended September 30, 2024. The stock price continued to drop after the company announced on October 31, 2024 that it had fired its CEO. Gibbs Law Group is investigating a potential Evolv Technology (NASDAQEVLV) Securities Class Action Lawsuit on behalf of shareholders who lost money in Evolv Technology.
By Gibbs Law Group · Via Business Wire · October 31, 2024
Lost Money in Evolv Technology? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Evolv Technologies Holdings, Inc. (“Evolv Technology”) plunged over 40% in intraday trading on Friday, October 25, 2024, after the company announced that certain previously issued financial statements from 2022-2024 should no longer be relied upon, and that it will delay the filing of its Quarterly Report for the period ended September 30, 2024. The company admitted it “expects to report one or more additional material weaknesses in internal control over financial reporting.” Gibbs Law Group is investigating a potential Evolv Technology (NASDAQEVLV) Securities Class Action Lawsuit on behalf of shareholders who lost money in Evolv Technology.
By Gibbs Law Group · Via Business Wire · October 25, 2024
Lost Money in iLearningEngines, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of investors who purchased or acquired shares of iLearningEngines, Inc. (NASDAQAILE) between April 22, 2024, and August 28, 2024. Previously, iLearning stock plunged over 54% in intraday trading on Thursday, August 29, 2024, following a Hindenburg report alleging that “the majority of iLearningEngines’ revenue doesn’t exist” and that its relationship with an undisclosed related party referred to as “Technology Partner” is “a conduit for falsifying its financials.”
By Gibbs Law Group · Via Business Wire · October 7, 2024
Lost Money in iLearningEngines, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of iLearningEngines, Inc. (“iLearningEngines”) dropped 13% on September 5, 2024 after the company disclosed in a Form 8K filing the day prior that one of its board members had resigned, effective August 29, 2024. Previously, it had plunged over 54% in intraday trading on Thursday, August 29, 2024, following a Hindenburg report alleging that “the majority of iLearningEngines’ revenue doesn’t exist” and that its relationship with an undisclosed related party referred to as “Technology Partner” is “a conduit for falsifying its financials.” Gibbs Law Group is investigating a potential iLearningEngines, Inc. (NASDAQAILE) Securities Class Action Lawsuit on behalf of shareholders who lost money in iLearningEngines, Inc.
By Gibbs Law Group · Via Business Wire · September 5, 2024
Lost Money in iLearningEngines, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group continues to investigate a potential iLearningEngines, Inc. (NASDAQAILE) Securities Class Action Lawsuit on behalf of shareholders who lost money in iLearningEngines, Inc. NASDAQ: AILENASDAQAILE)
By Gibbs Law Group · Via Business Wire · September 3, 2024
Lost Money in iLearningEngines, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of iLearningEngines, Inc. (“iLearningEngines”) plunged over 54% in intraday trading on Thursday, August 29, 2024, following a Hindenburg report alleging that “the majority of iLearningEngines’ revenue doesn’t exist” and that its relationship with an undisclosed related party referred to as “Technology Partner” is “a conduit for falsifying its financials.” Gibbs Law Group is investigating a potential iLearningEngines, Inc. (NASDAQAILE) Securities Class Action Lawsuit on behalf of shareholders who lost money in iLearningEngines, Inc.
By Gibbs Law Group · Via Business Wire · August 29, 2024
Gibbs Law Group Investigates Cash Sweep Class Action Lawsuits
If you invest in brokerage and advisory accounts, you may have lost money on your cash holdings. Many investment firms have paid customers unreasonably low interest rates on their cash sweep accounts compared to what's offered on the market. For example, Morgan Stanley made over $8 billion in net interest income between the low rate it offered customers on its sweep accounts and the higher fees it earned for itself by lending out the deposited funds, according to one class action lawsuit. Gibbs Law Group is investigating potential Cash Sweep Class Action Lawsuits to help investors recover their losses.
By Gibbs Law Group · Via Business Wire · August 9, 2024
Lost Money in Customers Bancorp, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Customers Bancorp, Inc. (NYSECUBI) dropped over 14% in intraday trading on Thursday, August 8, 2024, after the Federal Reserve Board announced that it had issued an enforcement action with Customers Bancorp and its principal subsidiary, citing “significant deficiencies related to the Bank’s risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering […].” Gibbs Law Group is investigating a potential Customers Bancorp Class Action Lawsuit on behalf of shareholders who lost money in Customers Bancorp.
By Gibbs Law Group · Via Business Wire · August 8, 2024
Lost Money in Fluence Energy, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group continues to investigate a potential Fluence Securities Class Action Lawsuit on behalf of shareholders who lost money in Fluence Energy, Inc. (NASDAQFLNC). Shares of Fluence dropped as much as 21% in intraday trading on February 22, 2024, after market analyst Blue Orca Capital issued a report claiming Fluence failed to disclose to investors that Siemens, the U.S. affiliate of Fluence’s largest shareholder and corporate parent, had filed a lawsuit against Fluence alleging “fraud” and “a laundry list” of other misconduct.
By Gibbs Law Group · Via Business Wire · August 2, 2024
Lost Money in XPEL, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group continues to investigate a potential XPEL Securities Class Action Lawsuit on behalf of shareholders who lost money in XPEL, Inc. (“XPEL”) (NASDAQXPEL). On July 23, 2024, Polen Capital released its second-quarter 2024 “Polen U.S. Small Company Growth Commentary” letter, in which the investment management company announced that it had exited its position in XPEL, citing the “mixed results” that XPEL has reported in the last several quarters. Over the last 52 weeks, XPEL’s shares have lost 49.41% of their value, causing significant harm to investors. Previously, XPEL plummeted over 17% on October 19, 2023, after Culper Research published a report alleging that the company “grossly understated its substantial reliance on Tesla” and also “is concealing a massive undisclosed risk.”
By Gibbs Law Group · Via Business Wire · August 1, 2024
Lost Money in Arbor Realty Trust, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Arbor Realty Trust, Inc. (“Arbor Reality”) dropped nearly 17% in intraday trading on Friday, July 12, 2024, following a Bloomberg article, which reported that federal prosecutors and the Federal Bureau of Investigation are investigating Arbor Realty’s “lending practices and the company’s claims about the performance of their loan book.” This follows two short seller reports, which raised concerns about Arbor Realty’s practices and disclosures, and alleged that Arbor Realty had a distressed loan book.
By Gibbs Law Group · Via Business Wire · July 12, 2024
Lost Money in XPEL, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group is investigating a potential XPEL Securities Class Action Lawsuit on behalf of shareholders who lost money in XPEL, Inc. (NASDAQXPEL). Previously, XPEL plummeted over 17% on October 19, 2023, after Culper Research published a report alleging that the company “grossly understated its substantial reliance on Tesla” and “is concealing a massive undisclosed risk.”
By Gibbs Law Group · Via Business Wire · July 1, 2024
Lost Money in Axos Financial, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Axos Financial, Inc. (“Axos”) dropped over 7% in intraday trading on Tuesday, June 4, 2024, following a report published by Hindenburg Research, which alleges that Axos is exposed to the riskiest asset classes and has “lax underwriting standards,” “a loan book filled with multiple glaring problems,” and credit metrics that “show signs of manipulation or distortion.” Gibbs Law Group is investigating a potential Axos Financial Class Action Lawsuit on behalf of shareholders who lost money in Axos Financial, Inc. (NYSEAX).
By Gibbs Law Group · Via Business Wire · June 4, 2024
Lost Money in ODDITY Tech Ltd? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of ODDITY Tech Ltd (“ODDITY Tech”) plummeted over 12% in intraday trading on Tuesday, May 21, 2024, following a report published by NINGI Research alleging that the company has “misled investors about every critical aspect of its business,” including its profitability and the integrity of its sales tactics. Gibbs Law Group is investigating a potential ODDITY Tech Ltd Securities Class Action Lawsuit on behalf of shareholders who lost money in ODDITY Tech Ltd (NASDAQODD).
By Gibbs Law Group · Via Business Wire · May 21, 2024
Gibbs Law Group is Suing TikTok and Other Apps on Behalf of Harmed Children and Families
Gibbs Law Group represents children and their families in lawsuits alleging that they have been harmed by addiction to TikTok, Instagram, Snapchat, and other social media platforms. The lawsuits allege that these social media companies purposely designed their platforms to be defective and dangerous, with addictive algorithms and features that may cause a wide variety of harms in children and teens, including:
By Gibbs Law Group · Via Business Wire · May 15, 2024
Gibbs Law Group Files Class Action Lawsuit on Behalf of AT&T Data Breach Victims
Gibbs Law Group has filed a class action lawsuit against AT&T Mobility LLC and AT&T, Inc. for a massive data breach affecting over 70 million current and former customers. The lawsuit was filed on behalf of all individuals who had sensitive personal information compromised in the breach, including Social Security numbers and account passcodes. The lawsuit charges AT&T with failing to use adequate safeguards that would have detected and prevented the breach, failing to notify victims of the breach in a timely manner, and failing to exercise sufficient control over its third-party partners’ data. Attorneys at Gibbs Law Group are reviewing potential claims on behalf of additional victims who were affected by the AT&T data breach.
By Gibbs Law Group · Via Business Wire · April 12, 2024
Lost Money in the Chemours Company? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed against the Chemours Company (“Chemours”) (NYSECC), on behalf of investors who purchased or acquired shares between February 10, 2023, and February 28, 2024. The lawsuit alleges that Chemours “had deficient accounting practices and procedures, including internal control over financial reporting,” among other allegations.
By Gibbs Law Group · Via Business Wire · March 28, 2024
Gibbs Law Group Files Class Action Lawsuit on Behalf of Healthcare Providers Harmed by Change Healthcare Data Breach
On March 18, 2024, Gibbs Law Group filed a class action lawsuit against Change Healthcare Inc., Optum, Inc. and UnitedHealth Group Incorporated following a massive data breach that has disrupted critical infrastructure in the U.S. healthcare system since February 21, 2024. The lawsuit was filed on behalf of healthcare providers whose use of Change Healthcare’s services was disrupted due to the data breach and related shutdown of the Change Healthcare computer networks. Affected healthcare providers have been unable to get paid on claims for medical services they have provided since the breach occurred. The lawsuit charges Defendants with failing to maintain appropriate and reasonable cybersecurity measures to protect the critical healthcare infrastructure the companies oversee.
By Gibbs Law Group · Via Business Wire · March 19, 2024
Lost Money in Amylyx Pharmaceuticals, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a lawsuit has been filed against Amylyx Pharmaceuticals, Inc. (“Amylyx Pharmaceuticals”) (NASDAQAMLX), on behalf of investors who purchased or acquired shares between November 11, 2022, and November 8, 2023. Investors are encouraged to contact our firm before the April 9, 2024 lead plaintiff deadline to discuss their options for participation in the lawsuit.
By Gibbs Law Group · Via Business Wire · March 18, 2024
Gibbs Law Group Files Class Action Lawsuit on Behalf of Consumers Harmed by Change Healthcare Data Breach
On March 12, 2024, Gibbs Law Group filed a class action lawsuit against Change Healthcare Inc. following a massive data breach impacting the single largest healthcare payment processor in North America. The lawsuit, filed on behalf of consumers, charges Change Healthcare with failing to take reasonable security measures to protect the confidential health and personal information of millions of Americans following what is being seen as the most significant data breach impacting the US healthcare system.
By Gibbs Law Group · Via Business Wire · March 12, 2024
Lost Money in Amylyx Pharmaceuticals, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a lawsuit has been filed against Amylyx Pharmaceuticals, Inc. (“Amylyx Pharmaceuticals”) (NASDAQAMLX), on behalf of investors who purchased or acquired shares between November 11, 2022, and November 8, 2023.
By Gibbs Law Group · Via Business Wire · March 8, 2024
Lost Money in Infinera? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Infinera Corporation dropped over 11% on March 7, 2024, after the company found “material weaknesses” in its financial reporting—following an independent audit. Gibbs Law Group is investigating a potential Infinera Securities Class Action Lawsuit on behalf of shareholders who lost money in Infinera Corporation (NASDAQINFN).
By Gibbs Law Group · Via Business Wire · March 7, 2024
Lost Money in the Chemours Company? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of The Chemours Company (“Chemours”) dropped over 31% on February 29, 2024, after the company announced that it has placed three top executives on administrative leave pending the completion of an internal review. The company also announced it is delaying the release of its financial results. Gibbs Law Group is investigating a potential Chemours Company Securities Class Action Lawsuit on behalf of shareholders who lost money in The Chemours Company (NYSECC).
By Gibbs Law Group · Via Business Wire · February 29, 2024
Lost Money in Fluence Energy, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Fluence Energy, Inc. (“Fluence”) dropped as much as 21% in intraday trading on February 22, 2024, after market analyst Blue Orca Capital issued a report claiming Fluence failed to disclose to investors that Siemens, the U.S. affiliate of Fluence’s largest shareholder and corporate parent, had filed a lawsuit against Fluence alleging “fraud” and “a laundry list” of other misconduct. Gibbs Law Group is investigating a potential Fluence Securities Class Action Lawsuit on behalf of shareholders who lost money in Fluence Energy, Inc. (NASDAQFLNC).
By Gibbs Law Group · Via Business Wire · February 22, 2024
Lost Money in Trupanion, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Trupanion, Inc. (“Trupanion”) dropped over 35% on February 16, 2024, after the company revealed that it “expects to report two material weaknesses in internal controls.” Gibbs Law Group is investigating a potential Trupanion, Inc. Securities Class Action Lawsuit on behalf of shareholders who lost money in Trupanion, Inc. (NASDAQTRUP).
By Gibbs Law Group · Via Business Wire · February 16, 2024
Lost Money in The Chemours Company? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of The Chemours Company (“Chemours”) dropped over 12% in intraday trading on February 14, 2024, after announcing it is evaluating its internal control over financial reporting and postponing its fourth quarter and full year 2023 financial results. Gibbs Law Group is investigating a potential Chemours Company Securities Class Action Lawsuit on behalf of shareholders who lost money in The Chemours Company (NYSECC).
By Gibbs Law Group · Via Business Wire · February 14, 2024
Lost Money in Amylyx Pharmaceuticals, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a lawsuit has been filed against Amylyx Pharmaceuticals, Inc. (“Amylyx Pharmaceuticals”) (NASDAQAMLX), on behalf of investors who purchased or acquired shares between November 11, 2022, and November 8, 2023.
By Gibbs Law Group · Via Business Wire · February 13, 2024
Lost Money in Soho House & Co Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Soho House & Co Inc. dropped over 28% in intraday trading on February 7, 2024, after GlassHouse Research issued a report alleging that the company has poor accounting practices and a flawed business model. Gibbs Law Group is investigating a potential Soho House Securities Class Action Lawsuit on behalf of shareholders who lost money in Soho House (NYSESHCO).
By Gibbs Law Group · Via Business Wire · February 7, 2024
Lost Money in Dada Nexus? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group encourages Dada Nexus Limited (“Dada”) (NASDAQDADA) investors to contact us to discuss their legal rights and options. A lawsuit has been filed on behalf of Dada investors who purchased or acquired shares between May 11, 2023 and January 8, 2024.
By Gibbs Law Group · Via Business Wire · February 5, 2024
Lost Money in Adtalem Global Education? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Adtalem Global Education, Inc. dropped over 23% on January 30, 2024, after Safkhet Capital published a report alleging that the company’s business model uses deceptive tactics and pushes students into debt. Gibbs Law Group is investigating a potential Adtalem Securities Class Action Lawsuit on behalf of shareholders who lost money in Adtalem (NYSEATGE).
By Gibbs Law Group · Via Business Wire · January 30, 2024
Lost Money in Dada Nexus? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of Dada Nexus Limited (NASDAQDADA) investors who purchased shares between May 11, 2023 and January 8, 2024. Investors have until March 11, 2024, to apply to be a lead plaintiff in the Dada class action lawsuit.
By Gibbs Law Group · Via Business Wire · January 25, 2024
Lost Money in Dada Nexus? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of Dada Nexus Limited (NASDAQDADA) investors who purchased shares between May 11, 2023 and January 8, 2024. Investors have until March 11, 2024, to apply to be a lead plaintiff in the Dada class action lawsuit.
By Gibbs Law Group · Via Business Wire · January 11, 2024
Lost Money in Dada Nexus? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Dada Nexus Limited (“Dada”) plunged over 36% in intraday trading on January 8, 2024, after disclosing that it had identified some “suspicious practices” in a routine internal audit, and that its revenue guidance for the fourth quarter and full year of 2023 should no longer be relied upon. Gibbs Law Group is investigating a Dada Nexus Securities Class Action Lawsuit on behalf of shareholders who lost money in Dada Nexus Limited (NASDAQDADA).
By Gibbs Law Group · Via Business Wire · January 8, 2024
Lost Money in Fisker Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a class action lawsuit has been filed on behalf of Fisker, Inc. (NYSEFSR) investors who purchased shares between August 4, 2023 and November 20, 2023. We encourage Fisker investors to contact our legal team before January 26, 2023, to join the action and discuss their legal rights and options.
By Gibbs Law Group · Via Business Wire · January 3, 2024
LOST MONEY IN FISKER INC.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of Fisker, Inc. (NYSEFSR) investors who purchased shares between August 4, 2023 and November 20, 2023. Previously, shares of Fisker Inc. dropped 21% in intraday trading on Tuesday, November 14, 2023, after the company disclosed it was cutting its 2023 production guidance and delaying its quarterly 10-Q filing due to “material weaknesses” in its internal control over financial reporting. Gibbs Law Group encourages Fisker investors to contact our legal team before January 26, 2024, to discuss their legal rights and options.
By Gibbs Law Group · Via Business Wire · December 6, 2023
Lost Money in Fisker Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of Fisker, Inc. (NYSEFSR) investors who purchased shares between August 4, 2023 and November 20, 2023. Previously, shares of Fisker Inc. dropped 21% in intraday trading on Tuesday, November 14, 2023, after the company disclosed it was cutting its 2023 production guidance and delaying its quarterly 10-Q filing due to “material weaknesses” in its internal control over financial reporting.
By Gibbs Law Group · Via Business Wire · November 30, 2023
Lost Money in Fisker Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group encourages investors who suffered losses in Fisker Inc. (NYSEFSR) to contact our firm about an FSR Securities Class Action Lawsuit investigation. On November 20, 2023, the WSJ reported Fisker’s newly appointed Chief Accounting Officer, Florus Beuting, had resigned just two weeks after being appointed to the role, causing shares to drop over 9% on November 21. Previously, shares of Fisker Inc. dropped 21% in intraday trading on Tuesday, November 14, 2023, after the company disclosed it is cutting its 2023 production guidance and delaying its quarterly 10-Q filing due to “material weaknesses” in its internal control over financial reporting.
By Gibbs Law Group · Via Business Wire · November 27, 2023
Lost Money in Fisker Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group continues to investigate a potential FSR Securities Class Action Lawsuit on behalf of shareholders who lost money in Fisker Inc. (NYSEFSR). Shares of Fisker Inc. dropped 21% in intraday trading on Tuesday, November 14, 2023, after the company disclosed it is cutting its 2023 production guidance and delaying its quarterly 10-Q filing due to “material weaknesses” in its internal control over financial reporting.
By Gibbs Law Group · Via Business Wire · November 17, 2023
Lost Money in The Beauty Health Company? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed against The Beauty Health Company (NASDAQSKIN). Shares of The Beauty Health Company plummeted 64% on Tuesday, November 14, 2023, after releasing 2023 Q3 results indicating it was lowering its 2023 net sales guidance due to lower-than-expected revenue, suspending its long-term 2025 financial outlook, and lowering other key metrics. The Company also announced the departure of its president and CEO, effective November 19, 2023. Gibbs Law Group encourages SKIN investors to contact us to discuss their legal rights and options.
By Gibbs Law Group · Via Business Wire · November 17, 2023
Lost Money in Fisker Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Fisker Inc. dropped 21% in intraday trading on Tuesday, November 14, 2023, after the company disclosed it is cutting its 2023 production guidance and delaying its quarterly 10-Q filing due to “material weaknesses” in its internal control over financial reporting. Gibbs Law Group is investigating a potential FSR Securities Class Action Lawsuit on behalf of shareholders who lost money in Fisker Inc. (NYSEFSR).
By Gibbs Law Group · Via Business Wire · November 16, 2023
Lost Money in the Beauty Health Company? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of The Beauty Health Company plummeted 64% on Tuesday, November 14, 2023, after releasing 2023 Q3 results indicating it was lowering its 2023 net sales guidance due to lower-than-expected revenue, suspending its long-term 2025 financial outlook, and lowering other key metrics. The Company also announced the departure of its president and CEO, effective November 19, 2023. Gibbs Law Group is investigating a potential SKIN Securities Class Action Lawsuit on behalf of shareholders who lost money in The Beauty Health Company (NASDAQSKIN).
By Gibbs Law Group · Via Business Wire · November 14, 2023
Lost Money in Fisker Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Fisker Inc. dropped 21% in intraday trading on Tuesday, November 14, 2023, after the company disclosed it is cutting its 2023 production guidance and delaying its quarterly 10-Q filing due to “material weaknesses” in its internal control over financial reporting. Gibbs Law Group is investigating a potential FSR Securities Class Action Lawsuit on behalf of shareholders who lost money in Fisker Inc. (NYSEFSR).
By Gibbs Law Group · Via Business Wire · November 14, 2023
LOST MONEY IN XPEL, INC.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of XPEL, Inc. dropped over 8% on Wednesday, November 8, 2023 after releasing a third quarter report showing its revenue and profits missed analysts’ estimates. Previously, XPEL plummeted over 17% on October 19, 2023 after Culper Research published a report alleging that the company “grossly understated its substantial reliance on Tesla” and also “is concealing a massive undisclosed risk.” Gibbs Law Group is investigating a potential XPEL Securities Class Action Lawsuit on behalf of shareholders who lost money in XPEL, Inc. (NASDAQXPEL).
By Gibbs Law Group · Via Business Wire · November 8, 2023
Lost Money in R1 RCM Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of R1 RCM Inc. dropped as much as 10% in intraday trading on Monday, October 16, 2023 after Jehoshaphat Research published a report alleging that the company’s revenues and profits are “grossly overstated” by “desperate accounting measures” and “horrific corporate governance.” The report also notes that the company has seen major leadership changes since 2022, including “departures of [its] CEO, CFO, Chief Commercial Officer and Chief Solutions Officer.” Gibbs Law Group is investigating a potential RCM Securities Class Action Lawsuit on behalf of shareholders who lost money in R1 RCM Inc. (NASDAQRCM).
By Gibbs Law Group · Via Business Wire · October 16, 2023
Lost Money in NAPCO Security Technologies, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of NAPCO Security Technologies, Inc. (“NAPCO”) plunged over 45% in intraday trading on August 21, 2023, after disclosing on August 18, 2023 that it had identified accounting errors related to cost calculations and will accordingly restate its financial results for the first three quarters of its 2023 fiscal year. As a result of these errors, NAPCO said it identified a material weakness in its internal control over financial reporting for the first three quarters of 2023. Gibbs Law Group is investigating a NAPCO Security Technologies Class Action Lawsuit on behalf of shareholders who lost money in NAPCO Security Technologies Inc. (NASDAQNSSC).
By Gibbs Law Group · Via Business Wire · August 21, 2023
Lost Money in BioXcel Therapeutics, Inc? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a class action lawsuit has been filed against BioXcel Therapeutics, Inc. (NASDAQBTAI), on behalf of investors who purchased or acquired shares between December 15, 2021, and June 28, 2023, inclusive. Shares of BioXcel dropped 65% on June 29, 2023, after the company disclosed potential protocol and data integrity issues related to how its safety data was being recorded at a late-stage drug trial testing site. Gibbs Law Group encourages BioXcel investors to contact us to discuss their legal rights and options before the lead plaintiff deadline of September 5, 2023.
By Gibbs Law Group · Via Business Wire · August 14, 2023
Lost Money in BioXcel Therapeutics, Inc? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a class action lawsuit has been filed against BioXcel Therapeutics, Inc. (NASDAQBTAI), on behalf of investors who purchased or acquired shares between December 15, 2021, and June 28, 2023, inclusive. Shares of BioXcel dropped 65% on June 29, 2023, after the company disclosed potential protocol and data integrity issues related to how its safety data was being recorded at a late-stage drug trial testing site. Gibbs Law Group encourages BioXcel investors to contact us to discuss their legal rights and options. Investors have until September 5, 2023, to apply to the court to be appointed as a lead plaintiff in the lawsuit.
By Gibbs Law Group · Via Business Wire · August 1, 2023
Lost Money in NovoCure Limited? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of NovoCure Limited (NASDAQNVCR) investors. On June 6, 2023, NovoCure announced results from its Phase 3 LUNAR clinical trial that some doctors say may have included unreliable data, because not all study participants had been receiving standard of care therapy, according to Evaluate. Gibbs Law Group encourages NovoCure investors to contact us to discuss their legal rights and options.
By Gibbs Law Group · Via Business Wire · July 27, 2023
Lost Money in BioXcel Therapeutics, Inc? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a class action lawsuit has been filed against BioXcel Therapeutics, Inc. (NASDAQBTAI). Shares of BioXcel dropped 65% on June 29, 2023, after the company disclosed potential protocol and data integrity issues related to how its safety data was being recorded at a late-stage drug trial testing site. Gibbs Law Group encourages BioXcel investors who acquired shares between December 15, 2021, and June 28, 2023, to contact us to discuss their legal rights and options before the lead plaintiff deadline of September 5th.
By Gibbs Law Group · Via Business Wire · July 14, 2023
Lost Money in BioXcel Therapeutics, Inc? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of BioXcel Therapeutics, Inc. dropped 65% on June 29, 2023, after the company disclosed potential protocol and data integrity issues related to how its safety data was being recorded at a late-stage drug trial testing site. Gibbs Law Group is investigating a potential BioXcel Therapeutics, Inc. Securities Class Action Lawsuit on behalf of shareholders who lost money in BioXcel (NASDAQBTAI).
By Gibbs Law Group · Via Business Wire · June 29, 2023
LOST MONEY IN XPONENTIAL FITNESS, INC.? Gibbs Law Group Investigates Potential Securities Law Violations
Shares of Xponential Fitness, Inc. plummeted by over 37% on Tuesday, June 27, 2023, after Fuzzy Panda Research published a report alleging that the company has misrepresented its financial health by excluding underperforming stores from key metrics and lying about the number of stores it has permanently closed. The report also accuses Xponential’s founder and CEO of having a long history of engaging in illegal business practices and misleading investors and business partners. Gibbs Law Group is investigating a potential Xponential Fitness Securities Class Action Lawsuit on behalf of shareholders who lost money in Xponential Fitness, Inc. (NYSEXPOF).
By Gibbs Law Group · Via Business Wire · June 28, 2023
Lost Money in Tingo Group, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group reminds investors that a class action lawsuit has been filed against Tingo Group, Inc. (NASDAQTIO). Shares of Tingo Group dropped over 56% on June 6, 2023, after a Hindenburg report alleged the company has “completely fabricated financials” and has lied about numerous business partnerships and products. Gibbs Law Group encourages Tingo Group investors who acquired shares between December 1, 2022, through June 6, 2023 to contact us to discuss their legal rights and options before the lead plaintiff deadline of August 7.
By Gibbs Law Group · Via Business Wire · June 14, 2023
Lost Money in Tingo Group, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group announces that a class action lawsuit has been filed on behalf of Tingo Group, Inc. (NASDAQTIO) investors who acquired shares between March 31, 2023 through June 6, 2023. Shares of Tingo Group dropped over 56% on June 6, 2023, after a Hindenburg report alleged the company has “completely fabricated financials” and has lied about numerous business partnerships and products. Gibbs Law Group encourages Tingo Group investors to contact us to discuss their legal rights and options.
By Gibbs Law Group · Via Business Wire · June 9, 2023
Lost Money in Tingo Group, Inc.?
Shares of Tingo Group, Inc. dropped over 56% on June 6, 2023, after a Hindenburg report alleged the company has “completely fabricated financials” and has lied about numerous business partnerships and products. Gibbs Law Group is investigating a potential Tingo Group, Inc. Securities Class Action Lawsuit on behalf of shareholders who lost money in Tingo Group (NASDAQTIO).
By Gibbs Law Group · Via Business Wire · June 6, 2023
Umpqua Bank Faces Second Lawsuit by Ponzi Scheme Victims
A new lawsuit has been filed against Umpqua Bank, a regional bank based in Portland, Oregon, for allegedly aiding and abetting a massive, decades-long Ponzi scheme by Professional Financial Investors (PFI). While a previous class action lawsuit on behalf of over a thousand investors continues to approach trial, this new lawsuit was filed on Friday, June 2, 2023 on behalf of a separate group of 11 investors who together lost over $4.2 million. Oakland-based Gibbs Law Group, along with Silver Law Group, represents PFI investors in this lawsuit as well as the class action lawsuit filed in 2020.
By Gibbs Law Group · Via Business Wire · June 5, 2023
Lost Money in Icahn Enterprises L.P.?
Gibbs Law Group reminds investors that a class action lawsuit has been filed against Icahn Enterprises L.P. (NASDAQIEP) on behalf of investors who purchased Icahn securities between August 2, 2018, and May 9, 2023. We encourage investors to contact Gibbs Law Group before July 10, 2023 to discuss your legal rights and options. The lawsuit seeks to recover losses on behalf of Icahn investors under the federal securities laws.
By Gibbs Law Group · Via Business Wire · May 24, 2023
Lost Money in Icahn Enterprises L.P.?
Gibbs Law Group reminds investors that a class action lawsuit has been filed against Icahn Enterprises L.P. (NASDAQIEP) on behalf of investors who purchased Icahn securities between August 2, 2018, and May 9, 2023, inclusive. The lawsuit seeks to recover losses on behalf of Icahn investors under the federal securities laws.
By Gibbs Law Group · Via Business Wire · May 22, 2023
Lost Money in Icahn Enterprises L.P.?
Gibbs Law Group announces a class action lawsuit has been filed against Icahn Enterprises L.P. (NASDAQIEP) on behalf of investors who purchased Icahn securities between August 2, 2018, and May 9, 2023, inclusive. The lawsuit seeks to recover losses on behalf of Icahn investors under the federal securities laws.
By Gibbs Law Group · Via Business Wire · May 19, 2023
Lost Money in Bowlero Corp.?
Shares of Bowlero Corp. plunged over 16% on May 18, 2023, after announcing in its 2023 Q3 financial results that it found material weaknesses in its disclosure controls and procedures. Gibbs Law Group is investigating a Bowlero Securities Class Action Lawsuit on behalf of shareholders who lost money in Bowlero Corp. (NYSEBOWL).
By Gibbs Law Group · Via Business Wire · May 18, 2023
Lost Money in Icahn Enterprises L.P.?
Shares of Icahn Enterprises L.P. dropped 16% on May 2, 2023, after a Hindenburg report alleged the company has a “Ponzi-like” structure and that shares are inflated by 75% or more. Gibbs Law Group is investigating a potential Icahn Enterprises L.P. Securities Class Action Lawsuit on behalf of shareholders who lost money in Icahn (NASDAQIEP).
By Gibbs Law Group · Via Business Wire · May 8, 2023
Lost Money in Cutera, Inc.?
Shares of Cutera, Inc. (NASDAQCUTR) plummeted 28% on April 12, 2023, after the company fired CEO David Mowry and Executive Chairman Daniel Plants for allegedly violating their fiduciary duties as directors. Mowry and Plants responded by filing a lawsuit against Cutera for retaliation. Gibbs Law Group is investigating a potential Cutera Securities Class Action Lawsuit on behalf of investors who lost money in Cutera, Inc.
By Gibbs Law Group · Via Business Wire · April 12, 2023
Lost Money in Harmony Biosciences Holdings Inc.?
Shares of Harmony Biosciences plummeted 27% on Tuesday, March 28, 2023, after Scorpion Capital published a report alleging that serious health risks, including sudden death, occurred during foreign drug trials of Harmony Bioscience’s drug, Wakix. The report further alleges that the company concealed information from the FDA that would have prevented Wakix’s 2019 approval. Gibbs Law Group is looking into a potential Harmony Biosciences Class Action Lawsuit on behalf of investors who lost money in Harmony Biosciences Holdings, Inc. (NASDAQHRMY).
By Gibbs Law Group · Via Business Wire · March 28, 2023
Lost Money in LivePerson, Inc.?
Shares of LivePerson, Inc. dropped 57% on March 16, 2023, after reporting an unexpected fourth-quarter loss as Medicare suspended reimbursements to one of LivePerson’s subsidiaries “pending further governmental review.” Gibbs Law Group is investigating a potential LivePerson, Inc. (LPSN) Securities Class Action Lawsuit on behalf of shareholders who lost money in LivePerson, Inc. (NASDAQLPSN).
By Gibbs Law Group · Via Business Wire · March 16, 2023
NEO INVESTOR ALERT: First and Only NeoGenomics Class Action Filed by Gibbs Law Group
Gibbs Law Group reminds investors it has filed the first and only class action lawsuit against NeoGenomics, Inc. (NASDAQNEO) and certain of its officers and directors on behalf of investors who purchased NeoGenomics securities from February 27, 2020, through April 26, 2022, inclusive. Investors have until February 6, 2023, to apply to be appointed as a lead plaintiff in the lawsuit.
By Gibbs Law Group · Via Business Wire · January 24, 2023
NEO INVESTOR ALERT: First and Only NeoGenomics Class Action Filed by Gibbs Law Group
Gibbs Law Group reminds investors it has filed the first and only class action lawsuit against NeoGenomics, Inc. (NASDAQNEO) and certain of its officers and directors on behalf of investors who purchased NeoGenomics securities from February 27, 2020, through April 26, 2022, inclusive. If any investor wishes to apply to be lead plaintiff, the deadline is February 6, 2023.
By Gibbs Law Group · Via Business Wire · January 19, 2023
Lost Money in Silvergate Capital Corp.?
A Silvergate class action lawsuit has been filed on behalf of investors who lost money in Silvergate Capital Corporation (“Silvergate”) (NYSESI). Shares of Silvergate plummeted 42% on January 5, 2023, following the company’s disclosure that it was taking a $196 million impairment charge after customers withdrew approximately $8.1 billion of digital-asset deposits during its fourth quarter of 2022. Then, on Tuesday, January 17, 2023, Silvergate reported a $1 billion net loss in that same quarter. We encourage investors who purchased or acquired SI securities between November 9, 2021, and November 17, 2022, to contact Gibbs Law Group to discuss your legal rights and options.
By Gibbs Law Group · Via Business Wire · January 18, 2023
Lost Money in Silvergate Capital Corp.?
A Silvergate class action lawsuit has been filed on behalf of investors who lost money in Silvergate Capital Corporation (“Silvergate”) (NYSESI). Shares of Silvergate plummeted 42% on January 5, 2023, following the company’s disclosure that it was taking a $196 million impairment charge after customers withdrew approximately $8.1 billion of digital-asset deposits during its fourth quarter of 2022. We encourage investors who purchased or acquired SI securities between November 9, 2021, and November 17, 2022, to contact Gibbs Law Group to discuss your legal rights and options.
By Gibbs Law Group · Via Business Wire · January 5, 2023
NEO INVESTOR ALERT: First And Only NeoGenomics Class Action Filed by Gibbs Law Group
Gibbs Law Group reminds investors it has filed the first and only class action lawsuit against NeoGenomics, Inc. (NASDAQNEO) and certain of its officers and directors on behalf of investors who purchased NeoGenomics securities from February 27, 2020 through April 26, 2022, inclusive. Since the lawsuit was filed, NeoGenomics subsidiary Inivata was also sued on December 21, 2022 for alleged patent infringement by genetic testing company Natera. NeoGenomics shares dropped 7% as a result, causing further harm to investors.
By Gibbs Law Group · Via Business Wire · December 21, 2022
NEO INVESTOR ALERT: Gibbs Law Group Reminds NeoGenomics Investors of Class Action Deadline
Gibbs Law Group reminds investors it has filed the first and only class action lawsuit against NeoGenomics Inc. (NASDAQNEO) and certain of its officers and directors on behalf of investors who purchased NeoGenomics securities from February 27, 2020 through April 26, 2022, inclusive. After the lawsuit was filed, Seeking Alpha stated on December 9, 2022 that NeoGenomics’s “seemingly innocuous leadership transition” has turned “chaotic” and “toxic,” noting that its CFO Bill Bonnello stepped down on December 8, 2022. The class action lawsuit seeks to recover losses on behalf of NeoGenomics investors under the federal securities laws. If any investor wishes to apply to be lead plaintiff, the deadline is February 6, 2023.
By Gibbs Law Group · Via Business Wire · December 19, 2022
$300 Million Class Action Lawsuit Against Umpqua Bank on Behalf of Ponzi Scheme Investors Will Proceed to Jury Trial
A federal class action lawsuit charging Umpqua Bank with aiding and abetting a massive, decades-long Ponzi Scheme may proceed to jury trial on behalf of a class of investors, according to a judge’s ruling from Friday. The Court’s decision clears the way for over a thousand harmed investors to pursue their legal claims against Umpqua Bank in a single trial. Oakland-based Gibbs Law Group, along with Silver Law Group, represent PFI investors in the class action lawsuit.
By Gibbs Law Group · Via Business Wire · December 19, 2022
NEO INVESTOR ALERT: Gibbs Law Group Has Filed a Class Action Lawsuit on Behalf of NeoGenomics Investors
Gibbs Law Group reminds investors it has filed the first and only class action lawsuit against NeoGenomics Inc. (NASDAQNEO) and certain of its officers and directors on behalf of investors who purchased NeoGenomics securities from February 27, 2020 through April 26, 2022, inclusive. After the lawsuit was filed, Seeking Alpha stated on December 9, 2022 that NeoGenomics’s “seemingly innocuous leadership transition” has turned “chaotic” and “toxic,” noting that its CFO Bill Bonnello stepped down on December 8, 2022. The class action lawsuit seeks to recover losses on behalf of NeoGenomics investors under the federal securities laws.
By Gibbs Law Group · Via Business Wire · December 14, 2022
NEOGENOMICS INVESTOR ALERT: Gibbs Law Group Files Class Action Lawsuit on Behalf of NEO Investors
Gibbs Law Group announces that it has filed the first and only class action lawsuit against NeoGenomics Inc. (NASDAQNEO) and certain of its officers and directors on behalf of investors who purchased NeoGenomics securities from February 27, 2020 through April 26, 2022, inclusive. The lawsuit seeks to recover losses on behalf of NeoGenomics investors under the federal securities laws.
By Gibbs Law Group · Via Business Wire · December 9, 2022