KTMC Recognized as a Band 1 Firm in Chambers USA 2026

KTMC is honored to be recognized in the Chambers & Partners USA 2026 Guide as a Band 1 Top Firm in both Securities Litigation and Class Action Litigation: Mainly Plaintiff.

Widely regarded as one of the legal profession’s most respected rankings, Chambers USA identifies leading firms through extensive independent research, including feedback from clients and peers. Band 1 is Chambers’ highest distinction and reflects exceptional advocacy, client service, and market leadership.

We are grateful for the trust our clients place in us and proud that their perspectives continue to underscore the firm’s strategic approach, litigation capabilities, and commitment to delivering high-quality counsel.

Congratulations to our attorneys and professional staff whose dedication makes this recognition possible.

Press Releases

ASTS Investor Alert: Kessler Topaz Meltzer & Check, LLP Encourages ASTS Investors With Losses to Contact the Firm

Did you buy ASTS securities between March 4, 2025 and July 15, 2026? 

Affected ASTS Investor Summary

  • Who: AST SpaceMobile, Inc. (NASDAQ: ASTS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: March 4, 2025 through July 15, 2026
  • Deadline to Seek Lead Plaintiff Status: November 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s capital and liquidity position.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 29, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AST SpaceMobile, Inc. (AST) (NASDAQ: ASTS) on behalf of those who purchased or acquired AST securities between March 4, 2025 and July 15, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Texas and is captioned Hunter v. AST SpaceMobile, Inc., No. 26-cv-00378 (W.D. Tex.). Investors have until November 13, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:

If you purchased or acquired AST securities and have lost money on your investment, please provide your information here:

https://www.ktmc.com/asts-ast-spacemobile-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=asts&mktm=PR 

To view the AST video on YouTube, click here: https://youtu.be/Y3ho2nK1mZo?si=UWOeZxO1resG0YuO

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

AST SPACEMOBILE, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) AST’s increasing capital requirements were likely to increase the company’s debt load and share dilution with greater frequency and at greater scale than Defendants had signaled to investors; (2) accordingly, AST had overstated the sufficiency of the company’s capital and liquidity position to achieve its strategic and business goals; (3) AST likewise overstated the durability of its competitive position in the satellite D2C market; (4) even following the EchoStar Transaction, Defendants continued overstating AST’s competitive position in the satellite D2C market; (5) AST was experiencing slow user adoption in the U.S. and Japan; (6) the foregoing was likely to have a significant negative impact on AST’s business and financial prospects; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Why did AST’s Stock Drop?

Between September 8, 2025 and July 15, 2026, a series of stock downgrades and company disclosures caused AST’s stock price to fall significantly.  Specifically, on January 7, 2026, Scotiabank downgraded AST to sell, citing, among other things, significant competition from SpaceX's Starlink, slow customer adoption, and delays in launching AST's satellites. Then, on July 15, 2026, AST issued a press release "announc[ing] the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034".  Following these disclosures, AST’s Class A common stock price fell $11.30 per share, or 17.04%, to close at $55.01 per share on July 16, 2026. 

WHAT AST SPACEMOBILE, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action. 

THE LEAD PLAINTIFF PROCESS FOR AST SPACEMOBILE, INC. INVESTORS:

AST investors may, no later than November 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AST investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

View the original release on www.newmediawire.com

DICK'S Sporting Goods, Inc. Securities Fraud Class Action Lawsuit Filed; November 3, 2026, Lead Plaintiff Deadline

Did you buy DKS common stock between September 8, 2025 and August 24, 2026?

Affected DKS Investor Summary

  • Who: DICK’S Sporting Goods, Inc. (NYSE: DKS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: September 8, 2025 through August 24, 2026
  • Deadline to Seek Lead Plaintiff Status: November 3, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s inventory and promotional activity.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 29, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against DICK’S Sporting Goods, Inc. (DICK’S) (NYSE: DKS) on behalf of those who purchased or acquired DICK’S common stock between September 8, 2025 and August 24, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Pennsylvania and is captioned Plumbers & Pipefitters Local Union #295 Pension Fund v. DICK’S Sporting Goods, Inc., No. 2:26-cv-01860 (W.D. Pa.). Investors have until November 3, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:

If you purchased or acquired DICK’S common stock and have lost money on your investment, please provide your information here:

https://www.ktmc.com/dks-dicks-sporting-goods-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=dks&mktm=PR

To view the DICK’S video on YouTube, click here: https://youtu.be/vUSgjaDeZnk?si=Od8jYw_oqSJFg4SM

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney. 

DICK’S SPORTING GOODS, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) DICK’S cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, DICK’S was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, DICK’S was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did DICK’S Stock Drop?

On August 25, 2026, before the markets opened, DICK’S announced disappointing second quarter 2026 financial results, including adjusted earnings per share and revenue from Foot Locker that fell well short of analyst estimates. DICK’S also reduced its full year 2026 consolidated net sales guidance.  DICK’S attributed the poor results, in part, to the athletic footwear marketplace having become “increasingly promotional” and “inventory levels [] building up across parts of the industry, leading to a much more promotional environment” which negatively impacted Foot Locker’s business.  On this news, the price of DICK’S common stock declined $55.02 per share, or approximately 30.7%, from a close of $179.33 per share on August 24, 2026, to close at $124.31 per share on August 25, 2026.

WHAT DICK’S SPORTING GOODS, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 3, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action. 

THE LEAD PLAINTIFF PROCESS FOR DICK’S SPORTING GOODS, INC. INVESTORS:

DICK’S investors may, no later than November 3, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages DICK’S investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

NASDAQ: QBTS Investigation Alert: D-Wave Quantum Inc. Investors are Encouraged to Contact KTMC Law Firm

RADNOR, PA - September 29, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by D-Wave Quantum Inc. (“D-Wave”) (NASDAQ: QBTS) on behalf of investors who purchased or acquired D-Wave securities and experienced significant financial losses.

D-Wave Reports Disappointing Financial Results

On August 6, 2026, D-Wave reported disappointing financial results for the second quarter of 2026 including, among other items, revenue of only $3.08 million, missing analyst expectations in the range of $4.03 million to $4.08 million. Then, on August 25, 2026, D-Wave issued a press release announcing the resignation of its CFO, effective September 2, 2026.

D-Wave’s Stock Drops Over 9%

Following the August 6, 2026, news of D-Wave’s poor financial results, the company’s stock price fell over 9%, and fell again, over 9%, on August 26, 2026.

Investors who purchased D-Wave Quantum Inc. (NASDAQ: QBTS) securities and experienced losses may have legal rights under the federal securities laws.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:

If you purchased or acquired D-Wave Quantum Inc. securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/qbts-dwave-quantum-inc-investigation?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=qbts&mktm=PR

There is no cost or obligation to speak with an attorney.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  

CONTACT:
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

View the original release on www.newmediawire.com

INVESTOR ALERT: AST SpaceMobile, Inc. Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Did you buy ASTS securities between March 4, 2025 and July 15, 2026? 

Affected ASTS Investor Summary

  • Who: AST SpaceMobile, Inc. (NASDAQ: ASTS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: March 4, 2025 through July 15, 2026
  • Deadline to Seek Lead Plaintiff Status: November 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s capital and liquidity position.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 28, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AST SpaceMobile, Inc. (AST) (NASDAQ: ASTS) on behalf of those who purchased or acquired AST securities between March 4, 2025 and July 15, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Texas and is captioned Hunter v. AST SpaceMobile, Inc., No. 26-cv-00378 (W.D. Tex.). Investors have until November 13, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired AST securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/asts-ast-spacemobile-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=asts&mktm=PR

To view the AST video on YouTube, click here: https://youtu.be/Y3ho2nK1mZo?si=UWOeZxO1resG0YuO

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

AST SPACEMOBILE, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) AST’s increasing capital requirements were likely to increase the company’s debt load and share dilution with greater frequency and at greater scale than Defendants had signaled to investors; (2) accordingly, AST had overstated the sufficiency of the company’s capital and liquidity position to achieve its strategic and business goals; (3) AST likewise overstated the durability of its competitive position in the satellite D2C market; (4) even following the EchoStar Transaction, Defendants continued overstating AST’s competitive position in the satellite D2C market; (5) AST was experiencing slow user adoption in the U.S. and Japan; (6) the foregoing was likely to have a significant negative impact on AST’s business and financial prospects; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Why did AST’s Stock Drop?

Between September 8, 2025 and July 15, 2026, a series of stock downgrades and company disclosures caused AST’s stock price to fall significantly.  Specifically, on January 7, 2026, Scotiabank downgraded AST to sell, citing, among other things, significant competition from SpaceX's Starlink, slow customer adoption, and delays in launching AST's satellites. Then, on July 15, 2026, AST issued a press release "announc[ing] the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034".  Following these disclosures, AST’s Class A common stock price fell $11.30 per share, or 17.04%, to close at $55.01 per share on July 16, 2026.

WHAT AST SPACEMOBILE, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action. 

THE LEAD PLAINTIFF PROCESS FOR AST SPACEMOBILE, INC. INVESTORS:

AST investors may, no later than November 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AST investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]                                                                                                                                 

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

Hims & Hers Health, Inc. (NYSE: HIMS) Class Action Lawsuit: Investors Face November 2, 2026, Deadline

Did you buy HIMS securities between August 4, 2025 and July 29, 2026?

Affected HIMS Investor Summary

  • Who: Hims & Hers Health, Inc. (NYSE: HIMS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: August 4, 2025 through July 29, 2026
  • Deadline to Seek Lead Plaintiff Status: November 2, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s deceptive and unlawful privacy practices
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 27, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Hims & Hers Health, Inc. (HIMS) (NYSE: HIMS) on behalf of those who purchased or acquired HIMS securities between August 4, 2025 and July 29, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Velanki v. Hims & Hers Health, Inc., No. 26-cv-09313 (N.D. Cal.). Investors have until November 2, 2026, to file for lead plaintiff status.  

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:

If you purchased or acquired HIMS securities and have lost money on your investment, please provide your information here:

https://www.ktmc.com/hims-hims-hers-inc-class-action-lawsuit?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=hims&mktm=PR

To view the HIMS video on YouTube, click here: https://youtu.be/zCS_-D0Ocv4

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

HIMS & HERS HEALTH, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) HIMS shared consumers’ health information with third-party advertising platforms; (2) HIMS charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is “right for them;” (3) the foregoing conduct subjected HIMS to regulatory scrutiny; (4) as a result, HIMS was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 

Why did HIMS’s Stock Drop?

On July 29, 2026, the Federal Trade Commission (“FTC”) filed a lawsuit against HIMS accusing the company of sharing customers' medical information with third-party advertisers.  Specifically,

the FTC’s criminal complaint accuses HIMS of "deceptive and unlawful privacy practices," including sharing sensitive details about a patient's health with Snap and Facebook parent, Meta Platforms.  On this news, HIMS’s stock price declined $4.32 per share, or 14.73%, to close at $25.00 per share on July 29, 2026. 

WHAT HIMS & HERS HEALTH, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 2, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR HIMS & HERS HEALTH, INC. INVESTORS:

HIMS investors may, no later than November 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP encourages HIMS investors to contact the firm for more information. 

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC. 

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

AST SpaceMobile, Inc. Investors: November 13, 2026, Deadline in Securities Fraud Class Action Lawsuit

Did you buy ASTS securities between March 4, 2025 and July 15, 2026? 

Affected ASTS Investor Summary

  • Who: AST SpaceMobile, Inc. (NASDAQ: ASTS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: March 4, 2025 through July 15, 2026
  • Deadline to Seek Lead Plaintiff Status: November 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s capital and liquidity position.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 27, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AST SpaceMobile, Inc. (AST) (NASDAQ: ASTS) on behalf of those who purchased or acquired AST securities between March 4, 2025 and July 15, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Texas and is captioned Hunter v. AST SpaceMobile, Inc., No. 26-cv-00378 (W.D. Tex.). Investors have until November 13, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:    

If you purchased or acquired AST securities and have lost money on your investment, please provide your information here:

https://www.ktmc.com/asts-ast-spacemobile-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=asts&mktm=PR 

To view the AST video on YouTube, click here: https://youtu.be/Y3ho2nK1mZo?si=UWOeZxO1resG0YuO

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

AST SPACEMOBILE, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) AST’s increasing capital requirements were likely to increase the company’s debt load and share dilution with greater frequency and at greater scale than Defendants had signaled to investors; (2) accordingly, AST had overstated the sufficiency of the company’s capital and liquidity position to achieve its strategic and business goals; (3) AST likewise overstated the durability of its competitive position in the satellite D2C market; (4) even following the EchoStar Transaction, Defendants continued overstating AST’s competitive position in the satellite D2C market; (5) AST was experiencing slow user adoption in the U.S. and Japan; (6) the foregoing was likely to have a significant negative impact on AST’s business and financial prospects; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Why did AST’s Stock Drop?

Between September 8, 2025 and July 15, 2026, a series of stock downgrades and company disclosures caused AST’s stock price to fall significantly.  Specifically, on January 7, 2026, Scotiabank downgraded AST to sell, citing, among other things, significant competition from SpaceX's Starlink, slow customer adoption, and delays in launching AST's satellites. Then, on July 15, 2026, AST issued a press release "announc[ing] the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034".  Following these disclosures, AST’s Class A common stock price fell $11.30 per share, or 17.04%, to close at $55.01 per share on July 16, 2026. 

WHAT AST SPACEMOBILE, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action. 

THE LEAD PLAINTIFF PROCESS FOR AST SPACEMOBILE, INC. INVESTORS:

AST investors may, no later than November 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AST investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

INVESTOR ALERT: AEVEX Corp. (NYSE: AVEX) Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Did you buy AVEX Class A common stock between April 17, 2026 and June 4, 2026?

Affected AVEX Investor Summary

  • Who: AEVEX Corp. (NYSE: AVEX)
  • What: Securities fraud class action lawsuit filed
  • Class Period: April 17, 2026 through June 4, 2026
  • Deadline to Seek Lead Plaintiff Status: October 20, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the Defendants’ intentions to conduct a secondary public offering shortly after its initial public offering
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 27, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AEVEX Corp. (“Aevex”) (NYSE: AVEX) on behalf of those who purchased or acquired Aevex Class A common stock: (1) between April 17, 2026 and June 4, 2026, inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Offering Documents”) issued in connection with Aevex’s initial public offering conducted on or about April 17, 2026 (the “IPO”). The lawsuit is filed in the United States District Court for the Southern District of California and is captioned Rosenberg v. AEVEX Corp., No. 26-cv-04779 (S.D. Cal.). Investors have until October 20, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:

If you purchased or acquired Aevex Class A common stock and have lost money on your investment, please provide your information here:

https://www.ktmc.com/avex-aevex-corp-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=avex&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.

AEVEX CORP. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

Aevex is a military technology contractor that designs and manufactures unmanned aerial and surface vehicles, as well as provides AI-enabled intelligence, surveillance, and reconnaissance services. Madison Dearborn Partners, LLC (“Madison”), is a private equity firm that acquired a majority stake in Aevex in 2020, and by the April 2026 IPO, owned 100% of Aevex’s common stock. In regards to restrictions on Madison in the IPO, the Offering Documents stated that Madison would not sell any shares of Aevex Class A common stock in the IPO, and that it would be subject to a 180-day “lock-up,” meaning Madison could not sell any Class A common stock, nor exchange any other shares into Class A to then sell. This “lock-up” period is typical in an initial public offering to reassure investors that corporate insiders and significant investors cannot sell their stakes in the company and flood the market. Here, the “lock-up” period would run 180 days after the date of the prospectus, until October 13, 2026.

The complaint alleges that, in the Offering Documents and throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) a pre-arranged plan existed between Madison and certain Defendants to allow for a secondary public offering shortly after the IPO, despite conveying a commitment to follow a 180-day “lock-up”; and (2) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did Aevex’s Stock Drop?

Just over a month after the IPO, on June 1, 2026, Defendants filed a registration statement with the SEC announcing the company’s intention to sell eight million more shares of Class A common stock to the public via a secondary public offering (“SPO”). Shortly thereafter, on or about June 3, 2026, Defendants followed through with their plan and sold eight million shares, revealing through the SPO offering documents that at least two Defendants had “agreed to waive…the lock-up restrictions,” allowing for the sale of more than two million shares from Madison’s Class A holdings. The rest of the nearly six million shares would be newly issues, the proceeds of which Aevex would use to purchase an equivalent number of Madison’s other Aevex holdings. This meant that the entirety of the SPO proceeds, which amounted to $207.9 million, went to Madison while Aevex earned nothing from the SPO. 

The market reacted quickly to these disclosures, with Aevex’s Class A common stock price falling approximately 16% on June 2, 2026. Aevex’s stock price continued to fall, plummeting a further 7% on June 5, 2026. 

WHAT AEVEX CORP. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by October 20, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR AEVEX CORP. INVESTORS:

Aevex investors may, no later than October 20, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages Aevex investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]                                                                                                                        

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

 

NASDAQ: QBTS Investigation: D-Wave Quantum Inc. Investors are Encouraged to Contact KTMC Law Firm

RADNOR, PA - September 26, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by D-Wave Quantum Inc. (“D-Wave”) (NASDAQ: QBTS) on behalf of investors who purchased or acquired D-Wave securities and experienced significant financial losses.

D-Wave Reports Disappointing Financial Results

On August 6, 2026, D-Wave reported disappointing financial results for the second quarter of 2026 including, among other items, revenue of only $3.08 million, missing analyst expectations in the range of $4.03 million to $4.08 million. Then, on August 25, 2026, D-Wave issued a press release announcing the resignation of its CFO, effective September 2, 2026.

D-Wave’s Stock Drops Over 9%

Following the August 6, 2026, news of D-Wave’s poor financial results, the company’s stock price fell over 9%, and fell again, over 9%, on August 26, 2026.

Investors who purchased D-Wave Quantum Inc. (NASDAQ: QBTS) securities and experienced losses may have legal rights under the federal securities laws.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:

If you purchased or acquired D-Wave Quantum Inc. securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/qbts-dwave-quantum-inc-investigation?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=qbts&mktm=PR

There is no cost or obligation to speak with an attorney.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  

CONTACT:
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

NASDAQ: QBTS Investigation Reminder: D-Wave Quantum Inc. Investors are Encouraged to Contact KTMC Law Firm

RADNOR, PA - September 23, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by D-Wave Quantum Inc. (“D-Wave”) (NASDAQ: QBTS) on behalf of investors who purchased or acquired D-Wave securities and experienced significant financial losses.

D-Wave Reports Disappointing Financial Results

On August 6, 2026, D-Wave reported disappointing financial results for the second quarter of 2026 including, among other items, revenue of only $3.08 million, missing analyst expectations in the range of $4.03 million to $4.08 million. Then, on August 25, 2026, D-Wave issued a press release announcing the resignation of its CFO, effective September 2, 2026.

D-Wave’s Stock Drops Over 9%

Following the August 6, 2026, news of D-Wave’s poor financial results, the company’s stock price fell over 9%, and fell again, over 9%, on August 26, 2026.

Investors who purchased D-Wave Quantum Inc. (NASDAQ: QBTS) securities and experienced losses may have legal rights under the federal securities laws.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired D-Wave Quantum Inc. securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/qbts-dwave-quantum-inc-investigation?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=qbts&mktm=PR  

There is no cost or obligation to speak with an attorney.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.   

CONTACT:
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

View the original release on www.newmediawire.com

AST SpaceMobile, Inc. Securities Fraud Class Action Lawsuit Filed; November 13, 2026, Lead Plaintiff Deadline

Did you buy ASTS securities between March 4, 2025 and July 15, 2026?

Affected ASTS Investor Summary

  • Who: AST SpaceMobile, Inc. (NASDAQ: ASTS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: March 4, 2025 through July 15, 2026
  • Deadline to Seek Lead Plaintiff Status: November 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s capital and liquidity position.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 22, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AST SpaceMobile, Inc. (AST) (NASDAQ: ASTS) on behalf of those who purchased or acquired AST securities between March 4, 2025 and July 15, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Texas and is captioned Hunter v. AST SpaceMobile, Inc., No. 26-cv-00378 (W.D. Tex.). Investors have until November 13, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired AST securities and have lost money on your investment, please provide your information here:

https://www.ktmc.com/asts-ast-spacemobile-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=asts&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

AST SPACEMOBILE, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) AST’s increasing capital requirements were likely to increase the company’s debt load and share dilution with greater frequency and at greater scale than Defendants had signaled to investors; (2) accordingly, AST had overstated the sufficiency of the company’s capital and liquidity position to achieve its strategic and business goals; (3) AST likewise overstated the durability of its competitive position in the satellite D2C market; (4) even following the EchoStar Transaction, Defendants continued overstating AST’s competitive position in the satellite D2C market; (5) AST was experiencing slow user adoption in the U.S. and Japan; (6) the foregoing was likely to have a significant negative impact on AST’s business and financial prospects; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Why did AST’s Stock Drop?

Between September 8, 2025 and July 15, 2026, a series of stock downgrades and company disclosures caused AST’s stock price to fall significantly.  Specifically, on January 7, 2026, Scotiabank downgraded AST to sell, citing, among other things, significant competition from SpaceX's Starlink, slow customer adoption, and delays in launching AST's satellites. Then, on July 15, 2026, AST issued a press release "announc[ing] the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034".  Following these disclosures, AST’s Class A common stock price fell $11.30 per share, or 17.04%, to close at $55.01 per share on July 16, 2026. 

WHAT AST SPACEMOBILE, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR AST SPACEMOBILE, INC. INVESTORS:

AST investors may, no later than November 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP encourages AST investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC. 

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

QBTS Investigation Notice: D-Wave Quantum Inc. Investors are Encouraged to Contact KTMC Law Firm

RADNOR, PA - September 22, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by D-Wave Quantum Inc. (“D-Wave”) (NASDAQ: QBTS) on behalf of investors who purchased or acquired D-Wave securities and experienced significant financial losses.

D-Wave Reports Disappointing Financial Results

On August 6, 2026, D-Wave reported disappointing financial results for the second quarter of 2026 including, among other items, revenue of only $3.08 million, missing analyst expectations in the range of $4.03 million to $4.08 million. Then, on August 25, 2026, D-Wave issued a press release announcing the resignation of its CFO, effective September 2, 2026.

D-Wave’s Stock Drops Over 9%

Following the August 6, 2026, news of D-Wave’s poor financial results, the company’s stock price fell over 9%, and fell again, over 9%, on August 26, 2026.

Investors who purchased D-Wave Quantum Inc. (NASDAQ: QBTS) securities and experienced losses may have legal rights under the federal securities laws.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired D-Wave Quantum Inc. securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/qbts-dwave-quantum-inc-investigation?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=qbts&mktm=PR  

There is no cost or obligation to speak with an attorney.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.   

CONTACT:
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

DICK'S Sporting Goods, Inc. Class Action Lawsuit: Investors Face November 3, 2026, Deadline - Contact Kessler Topaz Meltzer & Check, LLP

Did you buy DKS common stock between September 8, 2025 and August 24, 2026?

Affected DKS Investor Summary

  • Who: DICK’S Sporting Goods, Inc. (NYSE: DKS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: September 8, 2025 through August 24, 2026
  • Deadline to Seek Lead Plaintiff Status: November 3, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s inventory and promotional activity.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 21, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against DICK’S Sporting Goods, Inc. (DICK’S) (NYSE: DKS) on behalf of those who purchased or acquired DICK’S common stock between September 8, 2025 and August 24, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Pennsylvania and is captioned Plumbers & Pipefitters Local Union #295 Pension Fund v. DICK’S Sporting Goods, Inc., No. 2:26-cv-01860 (W.D. Pa.).  Investors have until November 3, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired DICK’S common stock and have lost money on your investment, please provide your information here:

https://www.ktmc.com/dks-dicks-sporting-goods-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=dks&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

DICK’S SPORTING GOODS, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) DICK’S cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, DICK’S was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, DICK’S was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did DICK’S Stock Drop?

On August 25, 2026, before the markets opened, DICK’S announced disappointing second quarter 2026 financial results, including adjusted earnings per share and revenue from Foot Locker that fell well short of analyst estimates. DICK’S also reduced its full year 2026 consolidated net sales guidance.  DICK’S attributed the poor results, in part, to the athletic footwear marketplace having become “increasingly promotional” and “inventory levels [] building up across parts of the industry, leading to a much more promotional environment” which negatively impacted Foot Locker’s business.  On this news, the price of DICK’S common stock declined $55.02 per share, or approximately 30.7%, from a close of $179.33 per share on August 24, 2026, to close at $124.31 per share on August 25, 2026.

WHAT DICK’S SPORTING GOODS, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 3, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action 

THE LEAD PLAINTIFF PROCESS FOR DICK’S SPORTING GOODS, INC. INVESTORS:

DICK’S investors may, no later than November 3, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP encourages DICK’S investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]                                                                                                                                   

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

AST SpaceMobile, Inc. Class Action Lawsuit: Investors Face November 13, 2026, Deadline - Contact Kessler Topaz Meltzer & Check, LLP

Did you buy ASTS securities between March 4, 2025 and July 15, 2026?

Affected ASTS Investor Summary

  • Who: AST SpaceMobile, Inc. (NASDAQ: ASTS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: March 4, 2025 through July 15, 2026
  • Deadline to Seek Lead Plaintiff Status: November 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s capital and liquidity position.
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 21, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AST SpaceMobile, Inc. (AST) (NASDAQ: ASTS) on behalf of those who purchased or acquired AST securities between March 4, 2025 and July 15, 2026, inclusive. The lawsuit is filed in the United States District Court for the Western District of Texas and is captioned Hunter v. AST SpaceMobile, Inc., No. 26-cv-00378 (W.D. Tex.). Investors have until November 13, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired AST securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/asts-ast-spacemobile-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=asts&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

AST SPACEMOBILE, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) AST’s increasing capital requirements were likely to increase the company’s debt load and share dilution with greater frequency and at greater scale than Defendants had signaled to investors; (2) accordingly, AST had overstated the sufficiency of the company’s capital and liquidity position to achieve its strategic and business goals; (3) AST likewise overstated the durability of its competitive position in the satellite D2C market; (4) even following the EchoStar Transaction, Defendants continued overstating AST’s competitive position in the satellite D2C market; (5) AST was experiencing slow user adoption in the U.S. and Japan; (6) the foregoing was likely to have a significant negative impact on AST’s business and financial prospects; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times. 

Why did AST’s Stock Drop?

Between September 8, 2025 and July 15, 2026, a series of stock downgrades and company disclosures caused AST’s stock price to fall significantly.  Specifically, on January 7, 2026, Scotiabank downgraded AST to sell, citing, among other things, significant competition from SpaceX's Starlink, slow customer adoption, and delays in launching AST's satellites. Then, on July 15, 2026, AST issued a press release "announc[ing] the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034".  Following these disclosures, AST’s Class A common stock price fell $11.30 per share, or 17.04%, to close at $55.01 per share on July 16, 2026.

WHAT AST SPACEMOBILE, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action. 

THE LEAD PLAINTIFF PROCESS FOR AST SPACEMOBILE, INC. INVESTORS:

AST investors may, no later than November 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AST investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

Hims & Hers Health, Inc. (NYSE: HIMS) Securities Fraud Class Action Lawsuit Filed; November 2, 2026, Lead Plaintiff Deadline

Did you buy HIMS securities between August 4, 2025 and July 29, 2026?

Affected HIMS Investor Summary

  • Who: Hims & Hers Health, Inc. (NYSE: HIMS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: August 4, 2025 through July 29, 2026
  • Deadline to Seek Lead Plaintiff Status: November 2, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s deceptive and unlawful privacy practices
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 21, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Hims & Hers Health, Inc. (HIMS) (NYSE: HIMS) on behalf of those who purchased or acquired HIMS securities between August 4, 2025 and July 29, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Velanki v. Hims & Hers Health, Inc., No. 26-cv-09313 (N.D. Cal.). Investors have until November 2, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired HIMS securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/hims-hims-hers-inc-class-action-lawsuit?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=hims&mktm=PR

To view the HIMS video on YouTube, click here: https://youtu.be/zCS_-D0Ocv4 

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney. 

HIMS & HERS HEALTH, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) HIMS shared consumers’ health information with third-party advertising platforms; (2) HIMS charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is “right for them;” (3) the foregoing conduct subjected HIMS to regulatory scrutiny; (4) as a result, HIMS was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why did HIMS’s Stock Drop?

On July 29, 2026, the Federal Trade Commission (“FTC”) filed a lawsuit against HIMS accusing the company of sharing customers' medical information with third-party advertisers.  Specifically,

the FTC’s criminal complaint accuses HIMS of "deceptive and unlawful privacy practices," including sharing sensitive details about a patient's health with Snap and Facebook parent, Meta Platforms.  On this news, HIMS’s stock price declined $4.32 per share, or 14.73%, to close at $25.00 per share on July 29, 2026.

WHAT HIMS & HERS HEALTH, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 2, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action. 

THE LEAD PLAINTIFF PROCESS FOR HIMS & HERS HEALTH, INC. INVESTORS:

HIMS investors may, no later than November 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages HIMS investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

INVESTOR ALERT: The Simply Good Foods Company (NASDAQ: SMPL) Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Did you buy SMPL common stock between October 24, 2024 and April 8, 2026?

Affected SMPL Investor Summary

  • Who: The Simply Good Foods Company (NASDAQ: SMPL)
  • What: Securities fraud class action lawsuit filed
  • Class Period: October 24, 2024 through April 8, 2026
  • Deadline to Seek Lead Plaintiff Status: October 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s strategy going into its acquisition of OWYN
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 20, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against The Simply Good Foods Company (“Good Foods”) (NASDAQ: SMPL) on behalf of those who purchased or acquired Good Foods common stock between October 24, 2024 and April 8, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned Monroe County Employees’ Retirement System v. The Simply Good Foods Company, No. 26-cv-06971 (S.D.N.Y.). Investors have until October 13, 2026, to file for lead plaintiff status.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Good Foods common stock and have lost money on your investment, please provide your information here:
https://www.ktmc.com/smpl-the-simply-good-foods-company-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=smpl&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney. 

To view the Good Foods video on YouTube, click here: https://youtu.be/zH6SYi5Gj_4  

THE SIMPLY GOOD FOODS COMPANY CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

Good Foods develops and sells packaged health foods and snacks under its portfolio brands that includes Quest, Atkins, and OWYN. On April 29, 2024, Good Foods announced an agreement to acquire OWYN for $280 million in an all-cash transaction, in a transaction that Good Foods claimed would diversify the company’s portfolio and strengthen its presence with retail customers. The acquisition was completed on June 13, 2024, and by that October, Good Foods stated that the integration of OWYN was “progressing as planned” and assured investors that it “remain[ed] confident” in Good Food’s ability to “effectively integrate OWYN.”

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) following the acquisition, key managers fled Good Foods; (2) Good Foods implemented a layered organizational structure in an attempt to remedy the personnel loss, which instead was later described as bloated and lacking strategic cohesion; (3) the company experienced product quality control issues due in part to switching to an inferior supplier, causing negatively impacted sales and customer loyalty; (4) execution failures and increased management costs led to margin erosion, leading Good Foods to begin heavy discounting activities and cutting brand support; and (5) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. 

Why did Good Foods’ Stock Drop?

On April 9, 2026, Good Foods announced its second quarter 2026 earnings results, revealing that customer consumption had plummeted across all of its brands. Notably, Good Foods revealed that OWYN’s quarterly sales had contracted by nearly 17% year-over-year, a start contract from the double-digit growth that Good Foods previously highlighted. In the corresponding call, Good Foods admitted, among other things, that the company had “made some strategic choices” that” ultimately weakened” its performance. On this news, the price of Good Foods common stock declined more than 27% over a two-day trading period. 

WHAT THE SIMPLY GOOD FOODS COMPANY INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by October 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR THE SIMPLY GOOD FOODS COMPANY. INVESTORS:

Good Foods investors may, no later than October 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP encourages Good Foods investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

 May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

 

 

View the original release on www.newmediawire.com

AEVEX Corp. (AVEX) Investors: October 20, 2026, Deadline in Securities Fraud Class Action Lawsuit - Contact Kessler Topaz Meltzer & Check, LLP

Did you buy AVEX Class A common stock between April 17, 2026 and June 4, 2026?

Affected AVEX Investor Summary

  • Who: AEVEX Corp. (NYSE: AVEX)
  • What: Securities fraud class action lawsuit filed
  • Class Period: April 17, 2026 through June 4, 2026
  • Deadline to Seek Lead Plaintiff Status: October 20, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the Defendants’ intentions to conduct a secondary public offering shortly after its initial public offering
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 20, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AEVEX Corp. (“Aevex”) (NYSE: AVEX) on behalf of those who purchased or acquired Aevex Class A common stock: (1) between April 17, 2026 and June 4, 2026, inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Offering Documents”) issued in connection with Aevex’s initial public offering conducted on or about April 17, 2026 (the “IPO”). The lawsuit is filed in the United States District Court for the Southern District of California and is captioned Rosenberg v. AEVEX Corp., No. 26-cv-04779 (S.D. Cal.). Investors have until October 20, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Aevex Class A common stock and have lost money on your investment, please provide your information here:
https://www.ktmc.com/avex-aevex-corp-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=avex&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.

AEVEX CORP. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

Aevex is a military technology contractor that designs and manufactures unmanned aerial and surface vehicles, as well as provides AI-enabled intelligence, surveillance, and reconnaissance services. Madison Dearborn Partners, LLC (“Madison”), is a private equity firm that acquired a majority stake in Aevex in 2020, and by the April 2026 IPO, owned 100% of Aevex’s common stock. In regards to restrictions on Madison in the IPO, the Offering Documents stated that Madison would not sell any shares of Aevex Class A common stock in the IPO, and that it would be subject to a 180-day “lock-up,” meaning Madison could not sell any Class A common stock, nor exchange any other shares into Class A to then sell. This “lock-up” period is typical in an initial public offering to reassure investors that corporate insiders and significant investors cannot sell their stakes in the company and flood the market. Here, the “lock-up” period would run 180 days after the date of the prospectus, until October 13, 2026.

The complaint alleges that, in the Offering Documents and throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) a pre-arranged plan existed between Madison and certain Defendants to allow for a secondary public offering shortly after the IPO, despite conveying a commitment to follow a 180-day “lock-up”; and (2) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did Aevex’s Stock Drop?

Just over a month after the IPO, on June 1, 2026, Defendants filed a registration statement with the SEC announcing the company’s intention to sell eight million more shares of Class A common stock to the public via a secondary public offering (“SPO”). Shortly thereafter, on or about June 3, 2026, Defendants followed through with their plan and sold eight million shares, revealing through the SPO offering documents that at least two Defendants had “agreed to waive…the lock-up restrictions,” allowing for the sale of more than two million shares from Madison’s Class A holdings. The rest of the nearly six million shares would be newly issues, the proceeds of which Aevex would use to purchase an equivalent number of Madison’s other Aevex holdings. This meant that the entirety of the SPO proceeds, which amounted to $207.9 million, went to Madison while Aevex earned nothing from the SPO.

The market reacted quickly to these disclosures, with Aevex’s Class A common stock price falling approximately 16% on June 2, 2026. Aevex’s stock price continued to fall, plummeting a further 7% on June 5, 2026. 

WHAT AEVEX CORP. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by October 20, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR AEVEX CORP. INVESTORS:

Aevex investors may, no later than October 20, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages Aevex investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

HIMS Investor Alert: Kessler Topaz Meltzer & Check, LLP Encourages HIMS Investors With Losses to Contact the Firm

Did you buy HIMS securities between August 4, 2025 and July 29, 2026?

Affected HIMS Investor Summary

  • Who: Hims & Hers Health, Inc. (NYSE: HIMS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: August 4, 2025 through July 29, 2026
  • Deadline to Seek Lead Plaintiff Status: November 2, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s deceptive and unlawful privacy practices
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 18, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Hims & Hers Health, Inc. (HIMS) (NYSE: HIMS) on behalf of those who purchased or acquired HIMS securities between August 4, 2025 and July 29, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Velanki v. Hims & Hers Health, Inc., No. 26-cv-09313 (N.D. Cal.). Investors have until November 2, 2026, to file for lead plaintiff status.  

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired HIMS securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/hims-hims-hers-inc-class-action-lawsuit?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=hims&mktm=PR

To view the HIMS video on YouTube, click here: https://youtu.be/zCS_-D0Ocv4

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

HIMS & HERS HEALTH, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) HIMS shared consumers’ health information with third-party advertising platforms; (2) HIMS charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is “right for them;” (3) the foregoing conduct subjected HIMS to regulatory scrutiny; (4) as a result, HIMS was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why did HIMS’s Stock Drop?

On July 29, 2026, the Federal Trade Commission (“FTC”) filed a lawsuit against HIMS accusing the company of sharing customers' medical information with third-party advertisers.  Specifically,

the FTC’s criminal complaint accuses HIMS of "deceptive and unlawful privacy practices," including sharing sensitive details about a patient's health with Snap and Facebook parent, Meta Platforms.  On this news, HIMS’s stock price declined $4.32 per share, or 14.73%, to close at $25.00 per share on July 29, 2026. 

WHAT HIMS & HERS HEALTH, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 2, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR HIMS & HERS HEALTH, INC. INVESTORS:

HIMS investors may, no later than November 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages HIMS investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

AEVEX Corp. (AVEX) Class Action Lawsuit Seeks Recovery for Investors; October 20, 2026, Deadline - Contact Kessler Topaz Meltzer & Check, LLP

Did you buy AVEX Class A common stock between April 17, 2026 and June 4, 2026?

Affected AVEX Investor Summary

  • Who: AEVEX Corp. (NYSE: AVEX)
  • What: Securities fraud class action lawsuit filed
  • Class Period: April 17, 2026 through June 4, 2026
  • Deadline to Seek Lead Plaintiff Status: October 20, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the Defendants’ intentions to conduct a secondary public offering shortly after its initial public offering
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 18, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AEVEX Corp. (“Aevex”) (NYSE: AVEX) on behalf of those who purchased or acquired Aevex Class A common stock: (1) between April 17, 2026 and June 4, 2026, inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Offering Documents”) issued in connection with Aevex’s initial public offering conducted on or about April 17, 2026 (the “IPO”). The lawsuit is filed in the United States District Court for the Southern District of California and is captioned Rosenberg v. AEVEX Corp., No. 26-cv-04779 (S.D. Cal.). Investors have until October 20, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Aevex Class A common stock and have lost money on your investment, please provide your information here:
https://www.ktmc.com/avex-aevex-corp-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=avex&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.

AEVEX CORP. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

Aevex is a military technology contractor that designs and manufactures unmanned aerial and surface vehicles, as well as provides AI-enabled intelligence, surveillance, and reconnaissance services. Madison Dearborn Partners, LLC (“Madison”), is a private equity firm that acquired a majority stake in Aevex in 2020, and by the April 2026 IPO, owned 100% of Aevex’s common stock. In regards to restrictions on Madison in the IPO, the Offering Documents stated that Madison would not sell any shares of Aevex Class A common stock in the IPO, and that it would be subject to a 180-day “lock-up,” meaning Madison could not sell any Class A common stock, nor exchange any other shares into Class A to then sell. This “lock-up” period is typical in an initial public offering to reassure investors that corporate insiders and significant investors cannot sell their stakes in the company and flood the market. Here, the “lock-up” period would run 180 days after the date of the prospectus, until October 13, 2026.

The complaint alleges that, in the Offering Documents and throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) a pre-arranged plan existed between Madison and certain Defendants to allow for a secondary public offering shortly after the IPO, despite conveying a commitment to follow a 180-day “lock-up”; and (2) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did Aevex’s Stock Drop?

Just over a month after the IPO, on June 1, 2026, Defendants filed a registration statement with the SEC announcing the company’s intention to sell eight million more shares of Class A common stock to the public via a secondary public offering (“SPO”). Shortly thereafter, on or about June 3, 2026, Defendants followed through with their plan and sold eight million shares, revealing through the SPO offering documents that at least two Defendants had “agreed to waive…the lock-up restrictions,” allowing for the sale of more than two million shares from Madison’s Class A holdings. The rest of the nearly six million shares would be newly issues, the proceeds of which Aevex would use to purchase an equivalent number of Madison’s other Aevex holdings. This meant that the entirety of the SPO proceeds, which amounted to $207.9 million, went to Madison while Aevex earned nothing from the SPO.

The market reacted quickly to these disclosures, with Aevex’s Class A common stock price falling approximately 16% on June 2, 2026. Aevex’s stock price continued to fall, plummeting a further 7% on June 5, 2026.

WHAT AEVEX CORP. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by October 20, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR AEVEX CORP. INVESTORS:

Aevex investors may, no later than October 20, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages Aevex investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

 

Hims & Hers Health, Inc. (HIMS) Investors Have Opportunity to Lead Securities Fraud Class Action Lawsuit

Did you buy HIMS securities between August 4, 2025 and July 29, 2026?

Affected HIMS Investor Summary

  • Who: Hims & Hers Health, Inc. (NYSE: HIMS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: August 4, 2025 through July 29, 2026
  • Deadline to Seek Lead Plaintiff Status: November 2, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s deceptive and unlawful privacy practices
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 16, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Hims & Hers Health, Inc. (HIMS) (NYSE: HIMS) on behalf of those who purchased or acquired HIMS securities between August 4, 2025 and July 29, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Velanki v. Hims & Hers Health, Inc., No. 26-cv-09313 (N.D. Cal.). Investors have until November 2, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired HIMS securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/hims-hims-hers-inc-class-action-lawsuit?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=hims&mktm=PR

To view the HIMS video on YouTube, click here: https://youtu.be/zCS_-D0Ocv4

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

HIMS & HERS HEALTH, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) HIMS shared consumers’ health information with third-party advertising platforms; (2) HIMS charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is “right for them;” (3) the foregoing conduct subjected HIMS to regulatory scrutiny; (4) as a result, HIMS was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why did HIMS’s Stock Drop?

On July 29, 2026, the Federal Trade Commission (“FTC”) filed a lawsuit against HIMS accusing the company of sharing customers' medical information with third-party advertisers.  Specifically,

the FTC’s criminal complaint accuses HIMS of "deceptive and unlawful privacy practices," including sharing sensitive details about a patient's health with Snap and Facebook parent, Meta Platforms.  On this news, HIMS’s stock price declined $4.32 per share, or 14.73%, to close at $25.00 per share on July 29, 2026. 

WHAT HIMS & HERS HEALTH, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 2, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR HIMS & HERS HEALTH, INC. INVESTORS:

HIMS investors may, no later than November 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP encourages HIMS investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC. 

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

 

View the original release on www.newmediawire.com

QBTS Investigation: D-Wave Quantum Inc. Investors are Encouraged to Contact KTMC Law Firm

RADNOR, PA - September 16, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by D-Wave Quantum Inc. (“D-Wave”) (NASDAQ: QBTS) on behalf of investors who purchased or acquired D-Wave securities and experienced significant financial losses.

D-Wave Reports Disappointing Financial Results

On August 6, 2026, D-Wave reported disappointing financial results for the second quarter of 2026 including, among other items, revenue of only $3.08 million, missing analyst expectations in the range of $4.03 million to $4.08 million. Then, on August 25, 2026, D-Wave issued a press release announcing the resignation of its CFO, effective September 2, 2026.

D-Wave’s Stock Drops Over 9%

Following the August 6, 2026, news of D-Wave’s poor financial results, the company’s stock price fell over 9%, and fell again, over 9%, on August 26, 2026.

Investors who purchased D-Wave Quantum Inc. (NASDAQ: QBTS) securities and experienced losses may have legal rights under the federal securities laws.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired D-Wave Quantum Inc. securities and have lost money on your investment, please provide your information here:
https://www.ktmc.com/qbts-dwave-quantum-inc-investigation?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=qbts&mktm=PR  

There is no cost or obligation to speak with an attorney.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.   

CONTACT:
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.

View the original release on www.newmediawire.com

The Simply Good Foods Company Securities Fraud Class Action Lawsuit Filed; October 13, 2026, Lead Plaintiff Deadline

Did you buy SMPL common stock between October 24, 2024 and April 8, 2026?

Affected SMPL Investor Summary

  • Who: The Simply Good Foods Company (NASDAQ: SMPL)
  • What: Securities fraud class action lawsuit filed
  • Class Period: October 24, 2024 through April 8, 2026
  • Deadline to Seek Lead Plaintiff Status: October 13, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s strategy going into its acquisition of OWYN
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 16, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against The Simply Good Foods Company (“Good Foods”) (NASDAQ: SMPL) on behalf of those who purchased or acquired Good Foods common stock between October 24, 2024 and April 8, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned Monroe County Employees’ Retirement System v. The Simply Good Foods Company, No. 26-cv-06971 (S.D.N.Y.). Investors have until October 13, 2026, to file for lead plaintiff status.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Good Foods common stock and have lost money on your investment, please provide your information here:
https://www.ktmc.com/smpl-the-simply-good-foods-company-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=smpl&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.

To view the Good Foods video on YouTube, click here: https://youtu.be/zH6SYi5Gj_4

THE SIMPLY GOOD FOODS COMPANY CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

Good Foods develops and sells packaged health foods and snacks under its portfolio brands that includes Quest, Atkins, and OWYN. On April 29, 2024, Good Foods announced an agreement to acquire OWYN for $280 million in an all-cash transaction, in a transaction that Good Foods claimed would diversify the company’s portfolio and strengthen its presence with retail customers. The acquisition was completed on June 13, 2024, and by that October, Good Foods stated that the integration of OWYN was “progressing as planned” and assured investors that it “remain[ed] confident” in Good Food’s ability to “effectively integrate OWYN.” 

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) following the acquisition, key managers fled Good Foods; (2) Good Foods implemented a layered organizational structure in an attempt to remedy the personnel loss, which instead was later described as bloated and lacking strategic cohesion; (3) the company experienced product quality control issues due in part to switching to an inferior supplier, causing negatively impacted sales and customer loyalty; (4) execution failures and increased management costs led to margin erosion, leading Good Foods to begin heavy discounting activities and cutting brand support; and (5) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did Good Foods’ Stock Drop?

On April 9, 2026, Good Foods announced its second quarter 2026 earnings results, revealing that customer consumption had plummeted across all of its brands. Notably, Good Foods revealed that OWYN’s quarterly sales had contracted by nearly 17% year-over-year, a start contract from the double-digit growth that Good Foods previously highlighted. In the corresponding call, Good Foods admitted, among other things, that the company had “made some strategic choices” that” ultimately weakened” its performance. On this news, the price of Good Foods common stock declined more than 27% over a two-day trading period.

WHAT THE SIMPLY GOOD FOODS COMPANY INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by October 13, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR THE SIMPLY GOOD FOODS COMPANY. INVESTORS:

Good Foods investors may, no later than October 13, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages Good Foods investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

 

 

View the original release on www.newmediawire.com

Hims & Hers Health, Inc. (HIMS) Investors: November 2, 2026, Deadline in Securities Fraud Class Action Lawsuit

Did you buy HIMS securities between August 4, 2025 and July 29, 2026?

Affected HIMS Investor Summary

  • Who: Hims & Hers Health, Inc. (NYSE: HIMS)
  • What: Securities fraud class action lawsuit filed
  • Class Period: August 4, 2025 through July 29, 2026
  • Deadline to Seek Lead Plaintiff Status: November 2, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s deceptive and unlawful privacy practices
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 14, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Hims & Hers Health, Inc. (HIMS) (NYSE: HIMS) on behalf of those who purchased or acquired HIMS securities between August 4, 2025 and July 29, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Velanki v. Hims & Hers Health, Inc., No. 26-cv-09313 (N.D. Cal.). Investors have until November 2, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired HIMS securities and have lost money on your investment, please provide your information here:

https://www.ktmc.com/hims-hims-hers-inc-class-action-lawsuit?utm_campaign=hc?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=hims&mktm=PR

To view the HIMS video on YouTube, click here: https://youtu.be/zCS_-D0Ocv4

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

HIMS & HERS HEALTH, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) HIMS shared consumers’ health information with third-party advertising platforms; (2) HIMS charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is “right for them;” (3) the foregoing conduct subjected HIMS to regulatory scrutiny; (4) as a result, HIMS was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 

Why did HIMS’s Stock Drop?

On July 29, 2026, the Federal Trade Commission (“FTC”) filed a lawsuit against HIMS accusing the company of sharing customers' medical information with third-party advertisers.  Specifically,

the FTC’s criminal complaint accuses HIMS of "deceptive and unlawful privacy practices," including sharing sensitive details about a patient's health with Snap and Facebook parent, Meta Platforms.  On this news, HIMS’s stock price declined $4.32 per share, or 14.73%, to close at $25.00 per share on July 29, 2026.

WHAT HIMS & HERS HEALTH, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by November 2, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR HIMS & HERS HEALTH, INC. INVESTORS:

HIMS investors may, no later than November 2, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages HIMS investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

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Rackspace Technology, Inc. Investors: September 28, 2026, Deadline in Securities Fraud Class Action Lawsuit

Did you buy RXT securities between May 7, 2026 and July 8, 2026?

Affected RXT Investor Summary

  • Who: Rackspace Technology, Inc. (NASDAQ: RXT)
  • What: Securities fraud class action lawsuit filed
  • Class Period: May 7, 2026 through July 8, 2026
  • Deadline to Seek Lead Plaintiff Status: September 28, 2026
  • Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s enterprise AI efforts.   
  • Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, PA - September 14, 2026 (NEWMEDIAWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Rackspace Technology, Inc. (Rackspace) (NASDAQ: RXT) on behalf of those who purchased or acquired Rackspace securities between May 7, 2026 and July 8, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned Morgan-Reed v. Rackspace Technology, Inc., No. 1:26-cv-06491 (S.D.N.Y.).  Investors have until September 28, 2026, to file for lead plaintiff status. 

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Rackspace securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/rxt-rackspace-technology-inc-class-action-lawsuit?utm_source=NewMediaWire&utm_medium=pressrelease&utm_campaign=rxt&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  There is no cost or obligation to speak with an attorney.

To view the Rackspace video on YouTube, click here:
https://youtu.be/SGYNCxPHZ2c?si=vzxUeEhLFRsDoqkR 

RACKSPACE TECHNOLOGY, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, and/or failed to disclose material adverse facts about the company’s business, operations, and prospects.  Specifically, Defendants misrepresented and/or failed to disclose that: (1) Rackspace’s enterprise AI efforts would require the company to significantly re-prioritize its capacity and capital away from the profitable Private Cloud segment; (2) Rackspace’s Public Cloud revenue was declining as customers contracted directly with hyperscale cloud platforms; (3) as a result, Rackspace was likely to significantly reduce a material portion of its Public Cloud infrastructure resale business; (4) consequently, Rackspace’s fiscal year 2026 revenue would be significantly impacted; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why did Rackspace’s Stock Drop?

On July 9, 2026, before the market opened, Rackspace published its second quarter 2026 financial results and disclosed “a strategic and financial update on its transition to becoming the operator of the full enterprise AI stack.” Specifically, Rackspace revealed that its AI investments would require a significant re-prioritization of resources and, as a result, reduced its full year 2026 revenue guidance by $150 million. Rackspace also cut its full year 2026 Private Cloud revenue outlook by $25 million and explained that “[l]ower near-term margins reflect upfront growth investment and restructuring, ahead of AI revenue ramping.”

On this news, Rackspace’s stock price fell $2.21 per share, or 33.6%, to close at $4.37 per share on July 9, 2026. 

WHAT RACKSPACE TECHNOLOGY, INC. INVESTORS CAN DO NOW:

  1. File to be lead plaintiff by September 28, 2026.
  2. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
  3. Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR RACKSPACE TECHNOLOGY, INC. INVESTORS:

Rackspace investors may, no later than September 28, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages Rackspace investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  The complaint in this matter was not filed by KTMC.

CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes.