Articles from Levi & Korsinsky, LLP

Xylem's new 2026 adjusted EPS ceiling of $5.45 now sits below the $5.55 floor it replaced. An investigation into potential securities law violations is reviewing losses suffered by XYL shareholders

Promise vs. Reality: The D-Wave Performance Gap. A securities fraud lawsuit alleges D-Wave overstated its prospects while calling 2026 a "defining year," then reported second quarter revenue below the prior-year level

A securities class action alleges Unicycive Therapeutics told investors its third-party manufacturer had made "significant progress" toward regaining FDA compliance, while the Company had never verified that claim through its own inspection of the facility

A securities class action traces Ryde Group Ltd from its $4.00 March 2024 IPO to the September 11, 2024 session which saw the stock price collapse, allegedly after months of coordinated social media promotion

Six incoming directors named in York Space Systems' January 2026 registration statement, including (Ret.) Gen. James McConville, and an eleven-bank underwriting syndicate led by Goldman Sachs are named as defendants in a securities action alleging the $34.00 IPO documents omitted that onboard mission and payload software was not fully functional before satellites launched

A securities class action alleges Lincoln Educational Services told the market its investment in "people and processes" was lifting student retention, while allegedly omitting observed shifts in student decision-making and loan defaults that were choking conversion from enrollment to attendance

Market Reaction Focus: PZZA shares repriced by $5.11 in a single session, a 17.18% decline, after Papa John's reported an 8.3% drop in North American comparable sales, suspended its dividend, and cut its 2026 outlook. The action alleges those disclosures contradicted earlier assurances that the Company's transformation was working

Disclosure under scrutiny: a securities class action alleges Honeywell Aerospace's SEC filings warned only that False Claims Act enforcement "could" happen while a Justice Department cybersecurity inquiry was allegedly already pending, and HONA shareholders lost $49.40 per share across two purported corrective events

A securities class action alleges Hyliion promoted a $133 million non-binding letter of intent with a four-employee counterparty as a "new data center partnership" — and HYLN purchasers who lost $2.45 per share retain rights whether or not they still hold the stock

Notice to pension funds, asset managers, and fiduciaries: a securities class action alleges Innventure's flagship 300MW AI data center agreement rested on a counterparty later described in a research report as a shell company, ahead of a 55% single-day collapse in INV shares.

Promise vs. Reality: The Alphabet Gemini 3.5 Pro Gap. A securities fraud lawsuit alleges Alphabet promised investors a June 2026 launch of its flagship AI model while disappointing training results went undisclosed, a promise-reality gap that ended when the model was abruptly delayed

Key Dates and Disclosure Events Shareholders Need to Know: Compass's merger timeline pointed to a second-half 2026 close, but the lawsuit alleges an undisclosed DOJ backchannel, not ordinary regulatory review, produced a January 9, 2026 close.

The complaint charges that Coastal's CEO and two successive CFOs controlled the Company's CCBX credit-quality assurances, and that two of those officers sold roughly $15.8 million in stock before a 43.5% single-day decline.

Notice to Pension Funds, Asset Managers, and Fiduciaries: The lawsuit alleges Millrose Properties told the market it would have no tenants, then bought an estimated $200 million of finished Lennar homes to rent, leaving institutional holders to weigh their fiduciary recovery options

Important Notice Regarding Alleged Opteon Aftermarket Demand Misrepresentations. The lawsuit claims that record 2025 refrigerant sales reflected an overfilled distribution channel, which set up a 2026 sales decline for Chemours shareholders.

The lawsuit alleges Gildan presented its controls as effective under both U.S. Exchange Act rules and Canada's National Instrument 52-109 while channel stuffing allegedly pulled roughly $500 million in revenue forward

Notice to pension funds, asset managers, and other fiduciaries: a securities class action alleges Baidu, Inc. (NASDAQ: BIDU) overstated the ability of its AI-powered business to cushion a rapidly deteriorating legacy online marketing franchise.

A securities class action alleges DICK'S Sporting Goods slashed its Foot Locker comparable sales outlook from growth of 1.5% to 3% down to negative 2.0% to 0.0%, and DKS purchasers may have rights to recovery they have not yet reviewed.

Important Information Regarding Section 20(a) Individual Liability Claims: Qfin's Class Period CEO and its CFO, who signed Sarbanes-Oxley certifications on the Company's 2025 annual report, face alleged personal liability as control persons for a $2.18-per-ADS investor loss

A securities class action alleges Better Home & Finance reaffirmed a $1.0 billion monthly funded volume target while customer conversion rates were already slipping, and BETR shares repriced 28.5% lower in a single session on May 7, 2026.

Fluence Energy's annual and quarterly SEC reports allegedly assured investors of adequate supply access and unchanged risks while the new contract manufacturing capacity behind its fiscal 2026 guidance was not ready, the Exchange Act complaint contends

A securities class action alleges FuelCell Energy's manufacturing operation could not meet its Fit Energy Phase 0 commitment, leaving per-unit costs above contracted pricing and triggering a $17.0 million charge

A securities class action alleges Beta Bionics assured shareholders that an FDA Form 483 was a "very benign" reporting technicality, and investor confidence held for months until the agency's Warning Letter became public and BBNX shares declined.

The Red Flags: What Insiders Allegedly Knew Before Shareholders Did. Webull purchasers have rights under federal securities law to pursue recovery after a congressional inquiry reportedly found the broker's China ties ran far deeper than its filings allegedly disclosed.

Were the risk warnings adequate? The complaint challenges AST SpaceMobile's previous statements, alleging it omitted the risks of slow user adoption in the U.S. and Japan and the dilution that followed three separate $1.0 billion convertible note offerings.

EyePoint Pharmaceuticals shareholders lost nearly 67% of their share value in a single session after the Phase 3 LUCIA topline readout. Levi & Korsinsky is investigating potential securities law violations on behalf of EYPT shareholders who lost money

Ardelyx's chief executive, two successive chief financial officers, and its chief commercial officer are each named as individual defendants in a securities class action alleging they controlled public statements projecting $1.75 billion in combined peak sales for XPHOZAH and IBSRELA while payer access barriers were allegedly building.

Promise versus reality: Doximity told investors its Newsfeed was driving record engagement and growth, yet the securities action alleges the Company was losing share to competitors, lowered its fiscal 2026 revenue guidance, and then missed even that reduced target, sending DOCS to a close of $18.01

In May 2026, AppLovin management told investors it had "100% seen faster improvements" to its AI models and saw no reason for that pace to "slow down," while promising its generative AI video tool would reach all accounts "shortly." Twelve weeks later the Company reported model improvement had been "lighter than normal" and the video tool was "still [a] work in progress."

DURAVYU’s Phase 3 LUCIA trial missed its primary endpoint and EYPT shares lost nearly 80% of their value in a single session. Levi & Korsinsky is investigating on behalf of shareholders who may have legal rights arising from those losses

Fox Factory’s preliminary third-quarter fiscal 2026 net sales were $336 million to $340 million, reflecting weaker-than-expected performance. The investigation concerns potential securities law violations

A third-quarter revenue outlook of $65 million to $125 million, against a Street consensus of roughly $868 million, sent FMC shares down as much as 46%. An investigation concerns potential securities law violations connected to the Company's securities offering disclosures

Promise vs. reality: FuelCell Energy announced an agreement for up to 380 MW of fuel cell power and told investors the deal validated scaling to 500 MW, yet a securities class action alleges the Company failed to appropriately caution investors of the possibility it would be unable to achieve contractual targets under the agreement and would have to incur charges thereunder. When the shortfall became a reality and the $17 million charge was announced, the stock fell 15.69% in a single-day.

Forensic research publicly warned on September 9, 2024 that Ryde Group Ltd carried "all the hallmarks" of a pump-and-dump; two days later a securities class action alleges RYDE purchasers watched the stock price sink

A securities class action alleges Unicycive Therapeutics leaned on a contract manufacturer already cited by the FDA for cGMP deficiencies, without verifying the vendor's compliance status, before the same deficiencies triggered a second Complete Response Letter and a 39.1% single-day collapse in UNCY shares.

Important information regarding Section 20(a) individual liability claims: the action alleges AST SpaceMobile's CEO and CFO personally certified filings that overstated the sufficiency of the Company's capital position while, as the complaint identifies, selling more than $18 million of their own stock during the Class Period

A securities class action alleges DICK'S Sporting Goods characterized athletic footwear promotional pressure as nothing management was "particularly concerned about," while allegedly omitting Foot Locker's dependence on the products exposed to such pressures.

Promise versus reality: the lawsuit contends Beta Bionics promoted "superior clinical outcomes" for its iLet insulin pump while a June 2025 FDA Form 483 documenting more than 18,000 unreported customer complaints stayed out of public view, and BBNX shares later fell roughly $23.09 from their Class Period high.

Key dates and disclosure events shareholders need to know: the securities action traces a chronology running from the Company's August 7, 2025 assurances about its strategic transformation to the August 6, 2026 guidance reset and dividend suspension that preceded a 17.18% single-session decline in PZZA shares

Important Information Regarding Section 20(a) Individual Liability Claims: The lawsuit names Millrose's CEO and CFO, who allegedly signed SEC filings pledging no tenants before the Company bought an estimated $200 million of Lennar homes to rent out.

Investors who acquired York Space Systems stock in or traceable to the Company's January 2026 IPO at $34.00 per share are urged to review their options. The action contends the registration statement touted "proven" and "scalable" satellite technology while omitting that onboard mission and payload software was allegedly not fully functional before launch.

Alert: Claims Focus on Alleged Misrepresentations About TSS Channel Inventory. The lawsuit centers on roughly $65 million in Opteon refrigerant aftermarket sales that distributor stocking allegedly shifted out of 2026 and into 2025.

Hyliion described roughly $400 million in potential pipeline revenue "at today's current pricing," but the securities class action alleges its disclosures never told investors what diligence, if any, supported the $133 million VFG letter of intent behind about one-third of that figure.

Time-Sensitive: Allegations focus on Ardelyx's representations that its patient-access strategy was working, while more stringent prior authorization and step edit requirements were allegedly slowing new-patient starts for IBSRELA and XPHOZAH.

Alert: Claims focus on alleged misrepresentations about the commercialization of Accelsius' NeuCool liquid cooling systems, including a 300MW deployment Innventure later removed from its internal bookings.

Important Information Regarding Individual Liability Claims: Compass's CEO and CFO signed merger Offering Materials that allegedly promised "reasonable best efforts" through ordinary regulatory channels while a Trump-aligned lawyer was allegedly retained to bypass DOJ antitrust review

Time-Sensitive: Allegations Focus on China-Tied Data Infrastructure Representations. The lawsuit asserts Webull assured shareholders that U.S. customer data was insulated from non-U.S. access while its core engineering and data routing were allegedly tied to the PRC.

Time-Sensitive: Allegations Focus on Energy Feature and AI-First Representations. Duolingo allegedly pitched its Hearts replacement as a reward for learners while designing it to push free users toward paid plans

Time-Sensitive: Allegations Focus on Consortium Partner Representations — the Flotek securities action contends investors were never told of doubts about the project group's capacity, an allegedly unauthorized third-party signature, and a convicted felon's involvement.

Key Dates and Disclosure Events Shareholders Need to Know: The lawsuit alleges Coastal's CCBX credit assurances continued through 21 months of growth and executive turnover before a $68.8 million single-partner credit expense emerged.

Key Dates and Disclosure Events Shareholders Need to Know: the securities action traces Alphabet timeline disclosure events from a twice-stated June 2026 launch for Gemini 3.5 Pro to a July 16 report that the flagship AI model was months behind schedule

Important Information Regarding Section 20(a) Individual Liability Claims: The lawsuit seeks to hold Fluence Energy's CEO and CFO personally accountable as control persons for fiscal 2026 guidance statements that allegedly failed to disclose unready contract manufacturing facilities.

Executive Accountability: Yan Zheng Named in Securities Action. Qfin's Chief Risk Officer allegedly assured investors that loan risk and asset quality were improving and stable as PRC regulatory headwinds mounted, and he now leads the Company as CEO

Notice to pension funds, asset managers, and fiduciaries holding AEVEX Corp. (NYSE: AVEX): a securities class action alleges the IPO offering documents concealed a pre-arranged plan to waive the 180-day lock-up, a disclosure sequence tied to roughly $900 million in erased market capitalization.

Time-Sensitive: Allegations Focus on Defense Contract Cybersecurity Representations. The securities action contends HONA purchasers were never told the Company was under Justice Department scrutiny for cybersecurity noncompliance in a Department of Defense contract, a matter resolved for over $2 million on September 1, 2026

A securities class action alleges Better Home & Finance conditioned its $1.0 billion monthly loan volume target on purported continued partnership growth, allegedly omitting the conversion-rate and interest-rate pressures already building inside its loan funnel, leaving BETR shareholders with a $12.17 per-share decline

Wall Street Reassessment: Analyst downgrades and price target cuts followed GoDaddy's February 24, 2026 disclosure of a $4.99 one-year domain promotion that the complaint alleges was concealed from investors while shares traded at inflated prices.

Two named officers of Fractyl Health, Inc. — Co-Founder and CEO Harith Rajagopalan and former CFO Lisa A. Davidson — face Section 20(a) control person claims over allegedly overstated Revita DMR efficacy data, after GUTS shares lost approximately 74.86% of their value across two trading days.

A securities class action alleges AppLovin's generative AI video creative tool for the AppLovin Ads platform was subject to significant development delays while investors were told the feature would reach all accounts shortly, an operational shortfall APP shareholders learned about only after the second quarter revenue miss

Market Impact Alert: Taboola.com Ltd. (NASDAQ: TBLA) shares repriced sharply on unusually heavy volume after the Company disclosed a Q2 2026 revenue miss and a $91 million cut to full-year guidance, which a securities class action alleges corrected earlier statements about "accelerated growth" and publisher network quality.

Notice to pension funds, asset managers, and fiduciaries: the pleading asserts that Doximity overstated how much its "Newsfeed" product drove revenue growth and misstated its competitive position, while DOCS holders absorbed three separate declines of 13%, 17%, and 23%

Disclosure Under Scrutiny: Were Risk Warnings Adequate? Baidu's annual report told investors the Company was "not aware of any trends, uncertainties, demands, commitments or events" reasonably likely to have a material and adverse affect on total revenue, while a securities class action alleges legacy advertising revenue was already deteriorating faster than AI revenue could offset

A securities class action alleges Lincoln Educational Services' SEC filings touted 19.5% student start growth and raised full-year guidance without disclosing that enrolled students had stopped showing up for class, or that resumed federal student loan repayment obligations were already driving borrower defaults

LULU shareholders saw the stock price falter across two single-day declines after lululemon lowered its fiscal 2026 outlook in June and again in September. An investigation is underway into whether investors received a complete picture of the Company's prospects.

Alert: Claims Focus on Alleged Misrepresentations About Gemini 3.5 Pro Coding and Training Data Setbacks. The AI model development delay securities case contends that Alphabet's flagship model fell months behind its June 2026 schedule while unfinished coding work and unsuccessful training data updates allegedly went undisclosed

Wall Street Reassessment: Analysts were modeling sustained user growth and roughly $344 million in fourth-quarter bookings while, the lawsuit alleges, Duolingo's friction-heavy monetization and mass-produced AI lessons were already eroding daily active users

The action alleges Fluence Energy's fiscal 2026 guidance depended on contract manufacturing facilities not ready for assumed volumes. This notice outlines the federal investor rights held by Class Period purchasers

Promise vs. Reality: The Qfin Performance Gap. Management allegedly promised stable liquidity and a stronger, more resilient business under tightening PRC rules, yet second-quarter 2026 revenue fell 31.6% and net income fell 76.8%

Alert: Claims Focus on Alleged Misrepresentations About Supply Chain Output and Factory Throughput. The securities action contends a small group of constrained suppliers gated hundreds of millions of dollars in Honeywell Aerospace revenue while purchasers were told output was on track

Ardelyx's Chief Commercial Officer, Eric Foster, is named as an individual defendant in a securities class action alleging he assured investors the Company's patient-access strategy was working while payer prior authorization and step edit requirements were allegedly restricting IBSRELA and XPHOZAH prescriptions

A securities class action alleges AppLovin management publicly dismissed a "disconnect between market sentiment and the reality of our business" while the pace of meaningful AI model improvement was allegedly already slowing, and APP shareholders who believed that message watched the stock slide

Promise versus reality: AST SpaceMobile told shareholders a financing had been completed with "minimal dilution," yet the complaint alleges that $3.0 billion of convertible notes followed in nine months and ASTS stock price faltered as a result

Investor rights notice: a securities class action alleges Baidu, Inc. overstated the ability of its AI-powered business to offset a rapidly collapsing legacy search advertising franchise. Purchasers of BIDU securities between November 18, 2025 and August 17, 2026 may have recovery rights whether or not they still hold the shares

A securities class action alleges Lincoln Educational Services' Chief Executive Officer and Chief Financial Officer, as control persons, permitted the Company to tout investments in "people and processes" while allegedly omitting that enrolled students were not converting into actual class starts

Time-Sensitive: Allegations Focus on Banking-as-a-Service Indemnification Representations. The securities action asserts that Coastal cited 98.8% credit-risk indemnification while a single partner portfolio of roughly $500 million allegedly deteriorated.