Sue

Investors Hit with Losses Sue MGP Ingredients, Inc. Over Alleged Misleading Statements

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RADNOR, Pa. — Investors who have experienced significant losses with MGP Ingredients, Inc., a publicly traded company, now have an opportunity to participate in a class action lawsuit. The lawsuit was initiated by Kessler Topaz Meltzer & Check, LLP, which alleges that the company misled its investors about its financial position and market dynamics. The lawsuit claims that between May 4, 2023, and October 30, 2024, MGP Ingredients made false and misleading statements about its business operations and prospects. Particularly, the lawsuit highlights that the company didn’t disclose the challenges of decreased consumption and oversupply … Read more

Investors Sue Zeta Global for Alleged Financial Misconduct, Law Firm Seeks Lead Plaintiff by January Deadline

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RADNOR, Pa. — Investors who purchased shares of Zeta Global Holdings Corp. during a specified period this year may be eligible to join a class action lawsuit, according to a recent announcement from the law firm Kessler Topaz Meltzer & Check, LLP. The lawsuit has been filed in the United States District Court for the Southern District of New York and covers all purchases of Zeta securities from February 27, 2024, to November 13, 2024. The securities litigation targets Zeta Global Holdings Corp., a publicly traded company on the New York Stock Exchange under the … Read more

Investors Sue Aehr Test Systems Over Alleged Misleading Statements and Delayed Orders

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Atlanta, GA — A lawsuit has been initiated against Aehr Test Systems, Inc., alleging that the company misled its investors by making false and/or misleading statements, and failing to reveal important negative information about its business operations and future prospects. This shareholder class action targets statements made by the company regarding unexpected delays in customer orders which purportedly affected its revenue growth unfavorably, contrary to previous assurances given to investors. Investors who purchased shares of Aehr Test Systems (NASDAQ: AEHR) between January 9, 2024, and March 24, 2024, and have encountered substantial financial losses, are … Read more

New York Cannabis Farmers Sue State, Claiming Market Regulations Favor Illegal Operators Over Small Growers

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Syracuse, N.Y. – A coalition of New York cannabis farmers has initiated legal proceedings against the state’s Office of Cannabis Management and the Cannabis Control Board, alleging that the current regulatory framework has grossly disadvantaged local growers, leaving them to contend with severe financial hardships. This lawsuit, lodged in Onondaga County Court, underscores the growers’ claims that state officials have disregarded laws designed to safeguard smaller agricultural operations in the burgeoning market. Represented by the Cannabis Farmers Alliance, approximately 120 farmers across the state, including around 25 from Western New York, attest that the rollout … Read more