Action

Robbins Geller Seeks Lead Plaintiff in Celsius Holdings Class Action Over Alleged Securities Fraud

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SAN DIEGO — Investors who bought shares of Celsius Holdings, Inc. during a specific six-month period this year must decide by January 21, 2025, if they wish to be appointed as lead plaintiff in a class action lawsuit against the company. The lawsuit, formally named Shelby Township Police & Fire Retirement System v. Celsius Holdings, Inc., was filed in the Southern Florida District Court and cites potential violations of the Securities Exchange Act of 1934 by Celsius and several of its senior executives. The case addresses allegations that Celsius Holdings, a company that markets and … Read more

Investors Called to Lead Charge in Five9, Inc. Class Action Lawsuit Over Alleged Securities Fraud

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Investors in Five9, Inc. who suffered significant losses have the chance to lead a class action lawsuit alleging securities fraud. The suit claims that the San Ramon, California-based provider of cloud software solutions issued misleading information to investors about its financial prospects and business operations. Specifically, the lawsuit focuses on whether the company failed to disclose operational problems and overstated its sustainability and potential for growth, particularly during the acquisition attempts by Zoom Video Communications. This period marked significant interest and investment in Five9 as it projected an image of strong financial health and promising … Read more

Maryland Takes Legal Action Against Gore-Tex Manufacturer Over Long-Term Environmental Damage

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Baltimore, MD — The state of Maryland has filed a lawsuit against W.L. Gore & Associates, the company known for its creation of Gore-Tex, citing longstanding environmental contamination concerns. According to the lawsuit, the company has been discharging hazardous perfluoroalkyl and polyfluoroalkyl substances, collectively known as PFAS, into the state’s water systems for decades. The lawsuit, initiated by Maryland’s Attorney General Anthony Brown, asserts that W.L. Gore & Associates failed to manage and dispose of the PFAS responsibly, thereby violating state environmental laws and jeopardizing public health. These chemicals, branded as “forever chemicals” due to … Read more

Investors File Class Action Lawsuit Against Kaspi.kz: Rosen Law Firm Leads Charge on Securities Misconduct Claims

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New York — A securities class action lawsuit has been filed by the Rosen Law Firm on behalf of investors in Joint Stock Company Kaspi.kz (KSPI), a prominent bank and fintech company based in Kazakhstan. The legal action alleges that Kaspi.kz made materially false and/or misleading statements and failed to disclose adverse information pertinent to investors’ decision-making. The lawsuit accuses Kaspi.kz of various corporate missteps and operational faults which potentially resulted in investor losses when the truth was revealed. According to the court documents, the focus of the complaint is on the accuracy of various … Read more