Articles from Hagens Berman Sobol Shapiro LLP

SAN FRANCISCO, Feb. 01, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQSYM), a Wilmington, Mass.-based automation technology company, has filed restated financial statements for three fiscal 2024 quarters, revealing significant errors in its previously reported revenue and profitability figures. The restatements, filed on December 4, follow the revelation of accounting errors last month and come as the company faces a securities fraud class action lawsuit.

SAN FRANCISCO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQFTAI) is facing mounting pressure after a second activist short-seller, Snowcap, released a critical report on January 29, 2025, further amplifying concerns initially raised by Muddy Waters Research earlier in January and leading to an investor class action alleging securities fraud.

ASPI Investors with Losses Encouraged to Contact the Firm Before Feb. 3, 2025 Deadline

SAN FRANCISCO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Novo Nordisk A/S (NYSENVO) is facing a class-action lawsuit from investors who allege the pharmaceutical giant misled them about the prospects of its experimental obesity drug, CagriSema.  

AILE Investors with Losses Encouraged to Contact the Firm Before Dec. 6, 2024 Deadline

An acclaimed team of pro-publisher attorneys and experts in antitrust litigation and EU regulation has launched HBSS France, a Paris-based affiliated groupement with globally renowned U.S. class-action law firm Hagens Berman Sobol Shapiro LLP.

SAN FRANCISCO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- On October 25, 2024, Evolv Technologies Holdings, Inc. (NASDAQEVLV) shares fell more than 40% Friday after the weapons-screening company said it found misconduct by some of its employees related to sales practices forcing the company to restate its financials over a two-year period.

SAN FRANCISCO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- A federal securities class action lawsuit has been filed against The Toronto-Dominion Bank (NYSETD) and several of its most senior executives, alleging that they misled investors about the extent of the bank's anti-money laundering (AML) program deficiencies.

SMCI Investors with Losses Encouraged to Contact the Firm Before Oct. 29, 2024 Deadline

EW Investors with Losses Encouraged to Contact the Firm

ACHC Investors with Losses Encouraged to Contact the Firm 

SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- Hagens Berman alerts investors in Malibu Boats, Inc. (NASDAQMBUU) of a class-action securities lawsuit.

SSRM Investors with Substantial Losses Encouraged to Contact Hagens Berman Before May 17 Deadline

SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Akero Therapeutics, Inc. (NASDAQAKRO) investors who suffered substantial losses to take action by submitting your losses now.

Hagens Berman, Abdalla Law and Grossman Roth Yaffa Cohen filed a class-action lawsuit claiming Family Dollar Stores Inc. and Dollar Tree Inc. knowingly violated Food and Drug Administration (FDA) regulations when they continued selling adulterated over-the-counter (OTC) medicines and personal care items even after an FDA report explicitly informed Family Dollar it was storing these items under improper conditions.

Hagens Berman filed a motion for curative notice in a class-action lawsuit against Fiat Chrysler Automobiles (FCA) regarding a spontaneous fire defect in Chrysler Pacifica plug-in hybrid electric minivans, seeking the court’s intervention to protect owners from the automaker’s allegedly misleading communications.

The plaintiffs’ bar is urging law school deans across the country to respond quickly to an explosion of antisemitism across campuses, as stated in a letter signed by a dozen of the nation’s top plaintiffs’ firms, according to Hagens Berman.

A judge today certified a class of at least 184,000 NCAA college athletes, allowing their claims to proceed in a historic antitrust lawsuit against the NCAA regarding payments for athletes’ name, image and likeness rights, according to attorneys at Hagens Berman.

SAN FRANCISCO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Napco Security Technologies, Inc. (NASDAQNSSC) investors who suffered substantial losses and wish to serve as Lead Plaintiff to submit your losses now.

Following the 2023 MOVEit data breach, attorneys at leading consumer-rights law firm Hagens Berman filed five nationwide class-action lawsuits against Progress Software and various other organizations for compromising the sensitive personal information of an estimated 40 million people.

Owners of Hyundai Ioniq 5s, Hyundai Ioniq 6s, Genesis GV60s and Kia EV6s today filed a nationwide class-action lawsuit against the automakers following more than a year of reports of seriously defective charging ports in their vehicles, leaving owners and lessors potentially stranded, according to leading automotive law firm Hagens Berman.

A nationwide class of consumers sued AbbVie, alleging the pharmaceutical company engaged in a fraudulent scheme to inflate the cost of the highest-grossing drug in the world, Humira, by 470% over the last two decades, according to attorneys at Hagens Berman and Carella Byrne Cecchi Brody Agnello.

Residents of the city of SeaTac and surrounding areas today filed a lawsuit against the Port of Seattle, Alaska Air Group Inc. and Delta Air Lines Inc., alleging that airport operations contaminate neighborhoods near Seattle-Tacoma International Airport (Sea-Tac Airport) with a combination of pollutants including carbon monoxide, lead and particulate matter, according to attorneys at Hagens Berman.

Fire Insurance Exchange, an insurance group comprising Farmers Insurance Group, is under legal investigation for allegedly charging its customers unreasonable rates, collecting excessive fees and failing to disclose basic information about its operations, according to Hagens Berman.

Owners of 2020-23 Ford Escapes and 2021-23 Bronco Sports with 1.5-liter engines have filed a class-action lawsuit against Ford Motor Company for allegedly violating consumer protection laws by selling cars equipped with faulty fuel injectors that can cause spontaneous fires and subsequently neglecting to implement an appropriate fix, according to Hagens Berman.

A new lawsuit against Ford Motor Company on behalf of the parents of Mikyley Reitz accuses the automaker of negligence and wrongful conduct regarding a roof crush defect in Super Duty pickup trucks that attorneys at Hagens Berman say is responsible for the 25-year-old’s tragic death in a rollover accident in June 2017.

Consumers who rented hotel rooms on the Las Vegas Strip filed a class-action lawsuit today accusing 4 of Vegas’ largest gaming and hospitality companies of engaging in an illegal price-fixing scheme to raise the cost of hotel rooms, according to Hagens Berman.

Seattle law firm Hagens Berman has launched an investigation into a data breach of local debt collection company Receivables Performance Management LLC (RPM) that reportedly compromised the names and Social Security numbers of 3.7 million individuals. The law firm’s legal team boasts a former federal prosecutor in cybercrime.

Seattle-based consumer-rights law firm Hagens Berman today filed a class-action lawsuit against Amazon Inc., accusing it of employing illegal, underhanded tactics to trick Amazon Prime members into maintaining their subscriptions, and did so intentionally through a secret project designed to thwart Prime cancellations.

Attorneys at Hagens Berman today filed a lawsuit against some of the nation’s largest U.S. housing managers on behalf of college student renters who accuse the companies of price-fixing rents for apartments in student housing markets across the country.

A class-action lawsuit filed today against John Muir Health accuses the hospital of “unconscionable” billing practices after it charged a Contra Costa County patient $6,095.70 for a routine drug screening at an emergency department visit, according to attorneys at Hagens Berman and the Law Office of Peter Fredman PC.

An updated class-action lawsuit filed by owners of Ford Super Duty pickup trucks depicts what attorneys at Hagens Berman say is the result of Ford having “repeatedly chosen to degrade the structural capacity and therefore safety of its trucks” for decades. The lawsuit shows photos of crushed roofs following rollover accidents, affecting 5.2 million pickups.

Owners of Ford Super Duty pickup trucks today filed a class-action lawsuit against the automaker accusing it of knowingly selling more than 5 million of its popular pickups with a dangerously weak and defective roof, leading to collapse and grave injuries during rollover accidents, according to attorneys at Hagens Berman.

The same law firm that recently secured a $100 million settlement against Apple regarding its anticompetitive App Store policies is now representing France-based iOS developers for the same issues in a new antitrust lawsuit filed today in California federal court by Hagens Berman in association with Paris-based antitrust lawyer Fayrouze Masmi-Dazi.

A class-action lawsuit filed today against Ford accuses the automaker of knowingly placing its customers and the public at risk via a defect affecting at least half of Ford’s Mustang Mach-E electric vehicles, causing sudden and total loss of power, according to attorneys at Hagens Berman.

Attorneys at Hagens Berman have filed an amended class-action lawsuit against Ford regarding a defect that causes spontaneous underhood fires in at least 66,000 of its Ford Expedition and Lincoln Navigator vehicles when parked or running. The law firm represents a proposed class of owners of affected vehicles, including one owner who experienced a harrowing vehicle fire only months after purchase of his Expedition and shared video footage of the fire nearly reaching his home.

A class of Android app developers represented by plaintiffs’ rights law firm Hagens Berman today secured a $90 million settlement in a class-action lawsuit alleging Google violated antitrust laws and harmed developers through anticompetitive policies governing the Google Play Store. Hagens Berman was the first to file a class case on behalf of developers, led settlement negotiations and patterned the settlement with Google after its 2021 legal win against Apple, in which it secured a $100 million settlement on behalf of U.S. iOS developers on similar claims.

Ford Expedition and Lincoln Navigator owners today filed a national class-action lawsuit against Ford stating that it failed to disclose and remedy a defect causing spontaneous fires in the engine compartment, according to Hagens Berman.

Attorneys at consumer-protection law firm Hagens Berman are investigating spontaneous fires affecting 2021 Ford Expeditions and Lincoln Navigators that have already led to the recall of 39,000 vehicles.

Lawyers defending Ford in a class-action lawsuit regarding a defect affecting Shelby Mustang GT350 “track-ready” models told the court that there is “no dispute” that the Mustangs in question suffer from a known design issue rendering them unable to handle typical track driving conditions without prematurely overheating, according to Hagens Berman.

Yesterday, a federal judge denied all motions for summary judgment in a lawsuit against Sun Pharmaceutical Industries LTD and Ranbaxy Inc., accusing the drug makers of violating racketeering and antitrust laws and affecting the costs of three blockbuster drugs – generic versions of Valcyte, Diovan and Nexium – leaving Ranbaxy facing liability in the billions, even before automatic trebling, according to the complaint filed by Hagens Berman.

Hagens Berman announces that a class action lawsuit has been filed against Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) and certain of its senior executives. The firm urges HYZN/DCRB investors who have suffered losses to submit your losses now to learn if they qualify to recover their investment losses.

Leading consumer rights law firm Hagens Berman today filed a class-action lawsuit against Fiat Chrysler (FCA) and Cummins on behalf of 600,000 owners and lessors of 2018 – 2020 Dodge RAM Heavy Duty Cummins-equipped diesel trucks containing a defective CP4 fuel injection pump.

Consumer-rights and personal injury law firm Hagens Berman has launched a nationwide investigation into CoolSculpting regarding the risk of permanent disfigurement and serious harm to patients’ bodies following treatment, which can include paradoxical adipose hyperplasia (PAH).

Attorneys at the law firm Hagens Berman announced details of a class-action settlement reached with Apple Inc. on behalf of small U.S. iOS app developers. The settlement will result in the creation of a $100 million Small Developer Assistance Fund and important changes to App Store policies and practices.

Attorneys at Hagens Berman representing college athletes against the NCAA and Power Five Conferences in a class-action lawsuit regarding compensation rights for their names, images and likenesses (NILs) have filed an amended lawsuit broadening damages sought and adding new information since the NCAA temporarily suspended many of its NIL rules.

Consumer-rights law firm Hagens Berman has launched a national investigation into Envision Healthcare Corporation and its medical bill collection moniker, MyMedicalPayments.com, for what attorneys say is likely a massive billing scam.

Attorneys at Hagens Berman, a national consumer rights and personal injury law firm, have opened an investigation into infant deaths and injuries involving Fisher-Price’s 4-in-1 Rock 'n Glide Soother and 2-in-1 Soothe ‘n Play Glider.

A class-action lawsuit accusing Amazon of price-gouging during the COVID-19 pandemic has now been expanded to include a proposed class of all Amazon shoppers nationwide who purchased affected products, according to law firm Hagens Berman.

A federal judge has upheld negligence, strict liability, and medical monitoring claims brought by Florida residents in a lawsuit against conglomerate sugarcane growers who practice widespread sugarcane crop burning causing pollution, property damage and hazardous air quality, according to Hagens Berman and Berman Law Group of Florida.

Today, a federal judge certified a class of Ford Shelby GT350 Mustang owners in a class-action lawsuit accusing the automaker of knowingly selling models that while marketed as “track-ready” cannot actually be operated safely on a racetrack due to a defective powertrain, according to Hagens Berman and Grossman Roth Yaffa Cohen, co-counsel law firms representing the plaintiffs.

Today, the NCAA voted to suspend certain amateurism rules related to name, image and likeness (NIL), and attorneys at Hagens Berman who have and continue to represent college athletes against the NCAA for rights to compensation for their NIL, are speaking out about the NCAA’s abrupt policy change.

U.S. District Judge Claudia Wilken today upheld antitrust claims on behalf of NCAA college athletes regarding name, image and likeness (NIL) compensation, according to attorneys at Hagens Berman representing the proposed class.

Consumer-rights attorneys at Hagens Berman sued Amazon for price-gouging in 2020, and are now throwing their support behind Washington, D.C. attorney general Karl Racine, who has followed in the firm’s footsteps.

Invisalign purchasers today filed a class-action lawsuit against the maker of Invisalign, Align Technology Inc., accusing it of a nationwide scheme to monopolize the market for aligners, affecting consumers since at least 2017, according to attorneys at Hagens Berman.

Consumers today filed a class-action lawsuit against Samsung accusing the electronics giant of concealing a widespread defect that causes rear camera glass in Samsung Galaxy S20 smartphones to shatter unexpectedly during normal use, according to attorneys at Hagens Berman.