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The complaint alleges Nidec revealed multiple cases of improper accounting, triggering investigations and steep ADR declines following several disclosures.
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Defendants allegedly misled investors about Synopsys’s AI focus hurting its Design IP business, leading to weak Q3 results and a 35.8% stock drop.
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Defendants allegedly misled investors by overstating Quantum’s revenue and operations, requiring a Q3 restatement and causing investor losses.
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Defendants allegedly misled investors on Tronox’s forecasts, causing a 38% stock drop after Q2 results showed weaker sales and lowered guidance.
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Defendants allegedly inflated the Wildermuth Fund’s asset values and hid failing investments, causing excessive advisory fees and harming investors.
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Defendants allegedly hid Avantor’s weakening competitive position and lost accounts, leading to weak Q3 results, a $785M charge, and a 23% stock drop.
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Insperity missed Q2 estimates with EPS of $0.26, down 70% year over year, cut guidance, and cited higher benefit costs, sending shares down 24.35%.
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Simulations Plus missed Q3 estimates, reported a $77.2M impairment and lower guidance, and announced restructuring, causing shares to fall 25.76%.
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Telix disclosed an SEC subpoena over its prostate cancer drug disclosures, causing its ADRs to fall 10.44% to $14.58 on July 23, 2025.
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PetMed delayed its Q4 and FY2025 earnings release to complete its year-end audit, causing the stock to fall 11.22% to $3.72 on June 11, 2025.