Releases

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Ericsson repurchases 3 million shares in latest buyback push

Between August 17 and August 21, 2026, Ericsson acquired 2,999,360 of its own Class B shares on Nasdaq Stockholm. The transactions, managed by Goldman Sachs Bank Europe SE, totaled approximately 290 million SEK, marking another phase in the company’s ongoing efforts to consolidate its equity position.

UWM Holdings Faces Class Action Lawsuit Over Alleged Misleading Statements

Investors who purchased UWM Holdings Corporation stock between March 9 and August 5, 2026, face a critical window to join a securities fraud class action. The litigation, spearheaded by Schall, Brown & Schwartz LLP, centers on allegations that the mortgage company misled the market regarding its high-stakes hedging strategies.

UWM Holdings Faces Securities Class Action Over Hedging Strategy

Investors who purchased UWM Holdings Corporation shares between March 9 and August 5, 2026, face a critical deadline as a class action lawsuit moves forward. The litigation centers on allegations that the mortgage giant misled shareholders regarding its risk management and hedging practices during a period of significant market volatility.

Wix Faces Class Action Over Alleged AI Product Misrepresentations

Investors who purchased Wix.com Ltd. stock between February 19, 2025, and May 12, 2026, face a September 22 deadline to join a class action lawsuit. Schall, Brown & Schwartz LLP is currently seeking lead plaintiffs to represent shareholders in the securities fraud case filed against the company.

Investors Target Pentair Over Alleged Misleading Pool Channel Data

A class action lawsuit now challenges Pentair plc, alleging the company misled shareholders regarding its financial health between April 28 and July 14, 2026. The complaint suggests that undisclosed destocking issues within the firm's pool division caused material distortions in public market statements, prompting legal action under federal securities laws.

NKT Unveils 525 kV Subsea Cable Capable of 90 °C Operation

NKT has officially qualified a 525 kV HVDC subsea power cable system capable of continuous operation at a conductor temperature of 90 °C. This technological leap allows transmission operators to increase energy capacity and optimize infrastructure design for offshore wind farms and cross-continent power grids.

Bloom Energy Faces Class Action Lawsuit Over Scandium Sourcing

Investors who purchased Bloom Energy Corporation shares between February 27, 2025, and July 8, 2026, are now eligible to participate in a class action lawsuit. The litigation, filed by the DJS Law Group, alleges that the company misled the market regarding its dependence on Chinese scandium supplies.

Investors Urged to Join Securities Class Action Against DNOW Inc.

Shareholders who suffered financial losses after the August 2025 special meeting are being invited to serve as lead plaintiffs in a class action lawsuit against DNOW Inc. Filed by Schall, Brown & Schwartz LLP, the litigation alleges the company misled investors regarding integration failures during its merger with MRC Global.

Investors Target Rackspace Technology Over Alleged Securities Fraud

Investors who held Rackspace Technology shares between May 7 and July 8, 2026, face a September 28 deadline to join a class action lawsuit. The litigation, filed by Schall, Brown & Schwartz LLP, centers on allegations that the company misled shareholders regarding the financial health of its core business segments.

DJS Law Group Files Securities Class Action Against DNOW Inc.

Investors who held DNOW shares as of August 5, 2025, are being urged to join a class action lawsuit targeting the company for alleged securities fraud. The litigation, filed in the wake of a contentious merger, centers on claims that the firm misled shareholders regarding significant software integration failures.

Pentair Faces Class Action Lawsuit Over Alleged Securities Violations

Investors who purchased Pentair plc stock between April 28 and July 14, 2026, are facing a critical window to join a class action lawsuit. Schall, Brown & Schwartz LLP is currently seeking lead plaintiffs to represent shareholders following allegations that the company issued misleading statements regarding its financial health.

Investors Target Rackspace Over Alleged Misleading Growth Claims

A class action lawsuit filed against Rackspace Technology, Inc. alleges the cloud provider deceived shareholders by masking the erosion of its core business to fuel a pivot toward AI. Investors who purchased shares between May 7 and July 8, 2026, now face a September 28 deadline to join the litigation.

Investors Target Cogent Communications in Securities Class Action

A class action lawsuit alleges that Cogent Communications Holdings misled investors by inflating its order backlog with contracts unlikely to yield genuine revenue. The litigation, centered on violations of the Securities Exchange Act, targets statements made by the company between February 29, 2024, and May 1, 2026.

Schall, Brown & Schwartz Launches Altria Group Securities Investigation

Shareholders of Altria Group, Inc. are facing a potential class action investigation following a sharp decline in the company’s stock price. Los Angeles-based law firm Schall, Brown & Schwartz LLP is currently probing whether the tobacco giant issued misleading financial disclosures or concealed material information from its investors prior to the recent downturn.

Lennox International Faces Shareholder Probe After Revenue Miss

A sharp 21% plunge in Lennox International stock following a mid-summer earnings report has triggered a formal investigation by Schall, Brown & Schwartz LLP. The law firm is currently evaluating whether the company misled investors or withheld critical information regarding the true state of its residential market performance.

Capricor Therapeutics Faces Securities Class Action Over FDA Disclosures

Investors who purchased Capricor Therapeutics stock between December 17, 2025, and July 26, 2026, are being sought for a class action lawsuit. The litigation, filed by Schall, Brown & Schwartz LLP, alleges that the company misled shareholders regarding the regulatory status of its experimental treatment, Deramiocel.

Investors File Securities Class Action Against PROCEPT BioRobotics

A federal class action lawsuit alleges PROCEPT BioRobotics misled shareholders between February 2024 and February 2026. The complaint claims the company artificially inflated revenue figures through aggressive discounting practices, which resulted in a significant market glut of inventory and left investors holding potentially devalued stock as the true financial picture emerged.

Investors Launch Securities Class Action Against Wix.com

A class action lawsuit alleges that Wix.com Ltd. deceived shareholders by misrepresenting the competitive strength and development costs of its artificial intelligence tools. Filed in the wake of market volatility, the litigation targets statements made by the company between February 19, 2025, and May 12, 2026.

Investors Urged to Join Photronics Securities Class Action Lawsuit

Shareholders who acquired Photronics, Inc. stock between December 10, 2025, and May 27, 2026, face a September 4, 2026, deadline to seek lead plaintiff status. The litigation, spearheaded by Schall Brown & Schwartz LLP, alleges the company misled the market regarding its revenue projections and internal operational bottlenecks.

First Solar Faces Class Action Lawsuit Over Misleading Trade Claims

Investors who purchased First Solar, Inc. securities between February 26, 2025, and February 24, 2026, face an August 24 deadline to join a class action lawsuit. The litigation, led by Schall Brown & Schwartz LLP, alleges the company misled the market regarding its ability to navigate international trade tariffs.

Hub Group Faces Securities Class Action Over Financial Reporting

Investors who held Hub Group shares between April 28, 2023, and May 11, 2026, face an August 28 deadline to join a class action lawsuit. The litigation, led by DJS Law Group, alleges the company issued false financial statements regarding revenue recognition and operating income throughout that three-year period.

Hub Group Faces Securities Fraud Lawsuit Over Financial Misstatements

Investors who purchased Hub Group, Inc. stock between April 28, 2023, and May 11, 2026, face an August 28, 2026, deadline to join a class action lawsuit. The litigation, led by Schall Brown & Schwartz LLP, alleges the company misled shareholders by issuing inaccurate financial statements regarding revenue and costs.

Skanska Secures CZK 2.1 Billion Contract for Prague Data Center

Construction giant Skanska has finalized a CZK 2.1 billion deal to develop a modern data center on the periphery of Prague. The project, valued at approximately SEK 930 million, marks a significant expansion of regional digital infrastructure and will be reflected in the company's third-quarter order bookings for 2026.

Investors Urged to Join Securities Fraud Suit Against Genius Group

Investors who held Genius Group Limited securities between April 12, 2022, and May 30, 2025, have until August 28, 2026, to join a pending class action lawsuit. Schall Brown & Schwartz LLP is currently seeking lead plaintiffs for the action, which alleges the company misled the market through a spoofing scheme.

Planet Fitness Faces Securities Class Action Over Growth Claims

Investors who purchased Planet Fitness shares between November 6, 2025, and May 6, 2026, face a September 14, 2026, deadline to join a class action lawsuit. The litigation, led by Schall Brown & Schwartz LLP, alleges the company misled shareholders regarding its growth outlook and national pricing strategy.

Insulet Corporation Faces Securities Fraud Class Action Lawsuit

Investors who purchased Insulet Corporation securities between February 21, 2025, and May 26, 2026, face an August 31, 2026, deadline to join a class action lawsuit. The litigation centers on allegations that the company issued misleading statements regarding manufacturing defects and the true scope of a March 2026 medical device correction.

Tencent Music’s TIMA Awards Conclude at Hong Kong’s Kai Tak Stadium

Thirty-four global acts took the stage at Hong Kong’s 50,000-capacity Kai Tak Stadium on August 23, marking the conclusion of the two-day 2026 TMElive International Music Awards. The event, produced by Tencent Music Entertainment Group, drew tens of thousands of fans to witness a cross-genre showcase of international talent.

Investors Target GPGI in Class Action Lawsuit Over Alleged Misconduct

Investors who held GPGI, Inc. stock between November 3, 2025, and May 6, 2026, face a critical window to join a class action lawsuit. The DJS Law Group is currently organizing plaintiffs following allegations that the company issued misleading financial disclosures regarding its acquisition of Husky Technologies Limited.