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Aardvark Therapeutics Faces Class Action Lawsuit Over IPO Disclosures
Investors have launched a class action lawsuit against Aardvark Therapeutics, alleging the biopharmaceutical company misled shareholders about the safety and commercial viability of its lead drug candidate, ARD-101. The complaint, filed in the Southern District of California, targets disclosures made during the company’s February 2025 initial public offering.
Investors Launch Class Action Against Wix Over AI Strategy Claims
A new class action lawsuit filed in the Northern District of Illinois alleges that Wix.com misled shareholders regarding the competitiveness and financial burden of its artificial intelligence initiatives. The complaint claims the company overstated the capabilities of its AI products while masking escalating development costs that pressured its stock price.
Pomerantz LLP Files Class Action Against EquipmentShare Over Fraud Claims
Investors who purchased EquipmentShare stock face a September 21 deadline to seek lead plaintiff status in a newly filed class action lawsuit. The litigation targets the company and its leadership following allegations of undisclosed related-party transactions and deceptive business practices that surfaced earlier this year.
Investors Face Deadline in GPGI Securities Fraud Class Action
Investors who suffered losses in GPGI, Inc. have until September 14, 2026, to seek appointment as lead plaintiff in a class action lawsuit filed by Pomerantz LLP. The litigation targets the company and its leadership over allegations of securities fraud and deceptive business practices during the past year.
Investors File Class Action Against Insulet Over Product Recalls
A class action lawsuit filed in the U.S. District Court for the District of Massachusetts alleges that Insulet Corporation misled shareholders regarding the safety and manufacturing integrity of its Omnipod insulin delivery systems. The litigation seeks to recover damages for investors who purchased stock during a period of recurring device corrections.
Hub Group Faces Class Action Over Financial Reporting Errors
Investors in Hub Group have until August 28, 2026, to seek lead plaintiff status in a class action lawsuit following the company's disclosure of material accounting misstatements. The litigation targets alleged securities fraud stemming from systemic failures in financial reporting that triggered significant drops in the firm's share price.
Hertz Investors Face Class Action After Liquidity and EBITDA Warning
Investors who purchased Hertz Global Holdings stock are facing a pivotal deadline as a class action lawsuit moves forward following the company's abrupt financial disclosure. The litigation centers on allegations of securities fraud, specifically questioning whether the firm misled shareholders regarding liquidity and its exposure to a softening used car market.
Regeneron Facing Class Action Lawsuit Following Clinical Trial Setbacks
Investors who suffered losses in Regeneron Pharmaceuticals are facing a September 14, 2026, deadline to seek appointment as lead plaintiff in a pending class action lawsuit. The litigation centers on allegations of securities fraud linked to the company’s disclosures regarding its Phase III Fianlimab-Libtayo clinical trial.
Photronics Investors Face Class Action Lawsuit Following Share Price Plunge
Investors who suffered losses in Photronics, Inc. have until September 4, 2026, to seek appointment as lead plaintiff in a class action lawsuit. The litigation targets the company and its leadership, alleging securities fraud following a sharp decline in financial performance and a subsequent 36.4% drop in share value.
Investors File Class Action Against Datavault AI Over Fraud Allegations
Pomerantz LLP has initiated a class action lawsuit against Datavault AI Inc. and its top executives, alleging the company misled shareholders through inflated partnership claims and by concealing the troubled pasts of key figures. The legal action follows a sharp decline in share price triggered by a critical report.
Intuit Faces Class Action Lawsuit Over Alleged Misleading Growth Claims
Pomerantz LLP has filed a class action lawsuit against Intuit Inc. and several top executives in the U.S. District Court for the Northern District of California. The litigation claims the company misled investors regarding its competitive standing and revenue growth targets during the 2026 fiscal year.
Investors Launch Class Action Suit Against Pentwater Capital
A federal class action lawsuit has been filed against Pentwater Capital Management and its CEO Matthew Halbower, alleging the firm orchestrated a massive market manipulation scheme involving Avis Budget Group. The litigation seeks to recover damages for investors who traded Avis securities during a period of extreme, artificial stock volatility.
Investors Target Cogent Communications in Securities Fraud Class Action
A class action lawsuit filed by Pomerantz LLP alleges that Cogent Communications Holdings misled shareholders regarding its wavelength business operations and financial health. Investors seeking to serve as lead plaintiff in the case against the telecommunications company have until September 21, 2026, to file their petitions with the court.
Primoris Services Faces Class Action Lawsuit Following Stock Volatility
Investors who suffered losses in Primoris Services Corporation are being urged to join a newly filed class action lawsuit. Pomerantz LLP initiated the litigation, alleging that the firm and its executives engaged in securities fraud, with a court deadline of September 21, 2026, for those seeking lead plaintiff status.
Harold Ford Jr. joins Truist as vice chair of wholesale banking
Harold Ford Jr. joins Charlotte-based Truist Financial Corporation on August 31, stepping into the role of vice chair for the firm’s wholesale banking division. Reporting to Chief Wholesale Banking Officer Kristin Lesher, he will focus on expanding client relationships and driving business growth across the company’s corporate and institutional sectors.
ICF Secures $20 Million Contract for Northeast Utility Efficiency
A consortium of Northeast utilities has tapped Reston-based ICF to continue managing a massive portfolio of residential energy efficiency and electrification programs. The $20 million recompete contract, awarded in the second quarter of 2026, focuses on scaling building performance standards to drive down customer costs and bolster regional grid stability.
Harmonic Sets Investor Day for September 2026 in New York
Investors and industry leaders will convene in New York City on September 15, 2026, as Harmonic hosts an exclusive look at its shift toward a pure-play broadband technology model. The two-hour event aims to clarify the company's long-term growth strategy and its role in the evolving infrastructure landscape.
EastGroup Properties Raises Quarterly Dividend by 13 Percent
Shareholders of EastGroup Properties are set to receive a larger quarterly payout after the company's Board of Directors approved a 12.9 percent dividend hike. The increase brings the distribution to $1.75 per share, marking the latest milestone in a 34-year streak of maintaining or raising dividend payments.
Lam Research Lifts Quarterly Dividend by 27 Percent
Fremont-based semiconductor equipment manufacturer Lam Research Corporation is boosting its quarterly dividend by 27 percent, raising the payout from $0.26 to $0.33 per share. This move underscores the company’s current financial standing as it continues to supply critical wafer fabrication technology to global chipmakers.
SmartSolve Debuts Plastic-Free PureNil 0 to Replace PVA Films
As the single-dose detergent market climbs toward a projected $6.3 billion valuation by 2035, Bowling Green-based SmartSolve is targeting the industry’s reliance on polyvinyl alcohol. The company has introduced PureNil 0, a bio-based, water-soluble packaging material designed to eliminate the microplastic runoff associated with traditional laundry and dishwasher pods.
Kazia Therapeutics Launches Public Offering to Fund Paxalisib Trials
Sydney-based oncology firm Kazia Therapeutics has initiated a tranched registered public offering of American Depositary Shares and accompanying warrants. The company aims to leverage the capital to accelerate clinical development of its lead drug candidate, paxalisib, across multiple breast cancer indications and other oncology research programs.
IM Cannabis Executes 30-for-1 Reverse Stock Split on Nasdaq
IM Cannabis Corp. has officially implemented a 30-for-1 reverse stock split, with the company's common shares beginning trade on the Nasdaq Capital Market under the new consolidated structure today. The move reduces the total outstanding share count from approximately 18.57 million to roughly 618,899 shares, excluding fractional adjustments.
Virginia Water Infrastructure Stagnates as ASCE Issues Critical Grades
Virginia’s water and wastewater systems remain stuck in a cycle of neglect, earning stagnant grades of C+ and D+ respectively in the 2026 American Society of Civil Engineers report. The lack of movement over the past four years signals a deepening crisis for the state’s aging utility infrastructure.
American College of Lifestyle Medicine Sets 2026 Annual Conference
The American College of Lifestyle Medicine (ACLM) will host its 2026 Annual Conference from November 8 to 11 at the Rosen Shingle Creek Resort in Orlando, Florida. The hybrid event features 145 sessions centered on scaling lifestyle medicine interventions to address the persistent epidemic of chronic disease.
Detroit’s Walker-Miller Energy Services Joins 2026 Inc. 5000 List
Detroit-based Walker-Miller Energy Services has secured the 1,045th spot on the 2026 Inc. 5000, a ranking of the fastest-growing private companies in the United States. The recognition highlights the firm’s rapid expansion in the clean energy sector and its impact on regional economic development and workforce equity.
Industrial Physics Acquires Test Equipment Specialist Vitrek
Industrial Physics has acquired Lockport-based Vitrek LLC, a move that marks the fifth exit for Branford Castle Partners’ inaugural fund. The transaction integrates Vitrek’s precision electrical safety and jet engine balancing systems into the global measurement group, which is currently backed by funds affiliated with KKR.
Darden Restaurants Sets Fiscal 2027 First Quarter Earnings Call
Darden Restaurants will pull back the curtain on its fiscal 2027 first quarter performance on September 24, 2026. The Orlando-based operator, which oversees a vast portfolio ranging from Olive Garden to Ruth's Chris Steak House, intends to publish its financial results just before the opening bell that Thursday morning.
FlyersRights Challenges Proposed Rollback of Airline Pricing Transparency
“This proposed rule is a license for airlines to confuse, deceive, and make it more difficult for passengers to price shop,” said Paul Hudson, president of the advocacy group FlyersRights, as he formally challenged the Department of Transportation’s attempt to weaken the long-standing Full Fare Advertising Rule in Washington this week.
Peoria Dealership Highlights Luxury Vehicles Featuring Massage Seats
For drivers prioritizing cabin comfort, Mercedes-Benz of Arrowhead is highlighting its current inventory of vehicles equipped with integrated massage seating. The Peoria dealership is showcasing both new and pre-owned models across several luxury brands, allowing customers to filter specific high-end trim levels directly through their online search portal.
Alex Morgan and TOGETHXR Acquire Stake in Bet on Her App
To solve the fragmented landscape of women's sports coverage, athlete Alex Morgan and media company TOGETHXR have acquired an equity stake in the Bet on Her app. The partnership aims to unify storytelling with real-time data, creating a centralized hub for fans to track scores, schedules, and community events globally.