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MRK

The Gross Law Firm has filed a securities class action lawsuit against Merck & Co. (MRK) alleging misleading statements about Gardasil sales projections in China. The lawsuit claims Merck provided overly optimistic revenue forecasts of $11 billion by 2030, which were contradicted when the company announced it would cease Gardasil shipments to China midyear due to lower-than-expected demand. The stock price dropped over 9% from $99.79 to $90.74 following this announcement.

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March 26, 2025 | 3:30 pm

GERN

The Gross Law Firm has filed a securities class action lawsuit against Geron Corporation (GERN) alleging misleading statements about Rytelo's growth potential. The lawsuit covers the period from June 7, 2024, to February 25, 2025, following a significant stock price drop after the company disclosed flattened drug growth due to seasonality, competition, and monitoring requirements.

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March 26, 2025 | 3:30 pm

SMTC

The Gross Law Firm has initiated a class action lawsuit against Semtech Corporation (SMTC) alleging that the company made false or misleading statements about its CopperEdge products during the period of August 27, 2024 to February 7, 2025. The lawsuit claims that SMTC misrepresented the product's capabilities, market readiness, and potential sales performance.

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March 26, 2025 | 3:30 pm

VZ

During a NewStreet Research and BCG conference, Verizon's Chief Revenue Officer Frank Boulben addressed the mobile sector's growth challenges in the first quarter. The discussion highlighted potential competitive pressures affecting mobile carrier performance, with all three major carriers experiencing a difficult January that suggests slower market growth than anticipated.

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March 26, 2025 | 3:30 pm

NEM

The Gross Law Firm has announced a class action lawsuit against Newmont Corporation (NEM) regarding its Q3 2024 financial disclosure. The lawsuit alleges that Newmont published disappointing EBITDA results, lower production, and higher operating costs for its Tier 1 assets. Following the announcement, NEM's stock price dropped from $57.74 to $49.25 per share.

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March 26, 2025 | 3:30 pm

FMC

The Gross Law Firm has issued a notice regarding a securities law lawsuit against FMC Corporation, suggesting potential legal challenges for the company. The notice invites shareholders to contact the firm for more information about the pending legal action.

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March 26, 2025 | 3:30 pm

UCTT

Ultra Clean Holdings (UCTT) is being sued by shareholders for allegedly providing false and misleading information about demand in the Chinese market during the period from May 6, 2024 to February 24, 2025. The lawsuit claims the company misrepresented revenue growth and market conditions, which was revealed when the company reported 'demand softness' in China, causing the stock to drop over 28% in a single day.

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March 26, 2025 | 3:30 pm

TFII

The Gross Law Firm has initiated a class action lawsuit against TFI International Inc. (TFII) alleging the company made false or misleading statements between April 26, 2024, and February 19, 2025. The lawsuit claims TFII misrepresented its business performance, including loss of small and medium business customers, declining TForce revenue, cost management difficulties, and declining profitability in its largest business segment.

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March 26, 2025 | 3:30 pm

RKLB

The Gross Law Firm has filed a class action lawsuit against Rocket Lab USA, Inc. (RKLB) alleging the company made false or misleading statements between November 12, 2024, and February 25, 2025. Key allegations include significant delays in barge landing tests, potable water problems at launch pad, potential risks to Neutron rocket launch timeline, and concerns about the rocket's sole contract.

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March 26, 2025 | 3:30 pm

TTD

The Gross Law Firm has filed a class action lawsuit against The Trade Desk (TTD) alleging the company made false or misleading statements about its AI forecasting tool Kokai's rollout between May 9, 2024, and February 12, 2025. The lawsuit claims TTD experienced significant execution challenges transitioning clients from the older Solimar platform, which negatively impacted revenue growth.

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March 26, 2025 | 3:30 pm