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Shareholder Alerts

Our Most recent news, and featured press stories.

Investigation of FirstEnergy Corp.

FirstEnergy Corp. (FE) Accused of Engaging in an Illicit Bribery Scheme    At the end of fiscal 2016, FirstEnergy reported a weak energy market, poor forecast demand, and hundreds of millions of dollars in losses. To alleviate investor concern, FirstEnergy stated in its annual report for 2016 that it intended to pursue “legislative or...

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Investigation of Velocity Financial, Inc.

Velocity Financial, Inc. (VEL) Accused of Misleading Shareholders  Velocity held its IPO on January 22, 2020, offering shares at $13.00 per share for gross proceeds of approximately $100.7 million. In its offering documents, Velocity touted it “ha[d] developed the highly-specialized skill set required to effectively compete in this market”...

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Investigation of VMware, Inc.

Mware, Inc. (VMW) Accused of Misleading Investors One of the financial metrics VMware regularly reports is its backlog, which the Company purports is comprised of “unfulfilled purchase orders or unfulfilled executed agreements at the end of a given period.” Between March 2019 and February 2020, VMware reported hundreds of millions of dollars in...

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Investigation of Casper Sleep Inc.

Casper Sleep Inc. (CSPR) Reports Disappointing First Quarter 2020 Financials On February 6, 2020, Casper completed its IPO offering 8.35 million shares of common stock at $12.00 per share and raising $88 million in net proceeds. In its Registration Statement, Casper assured investors that “[o]verall business profitability will be driven” by...

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Investigation of GSX Techedu Inc

According to the complaint for alleged violations of the Securities Exchange Act of 1934 between June 6, 2019 and April 13, 2020, in June 2019, GSX touted its rapid growth in student enrollment and profitability and stated that the Company “pride[s] [itself] of [its] rigorous and systematic teacher selection and coaching process” in its initial...

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SHAREHOLDER ALERT: The Law Offices of Timothy L. Miles Announces Bed Bath & Beyond Inc. (BBBY) Sued for Misleading Shareholders; Bed Bath & Beyond Shareholders Urged to Contact the Firm

Sunday, April 19, 2020 7:00 AM HENDERSONVILLE, TN / ACCESSWIRE / April 19, 2020 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 19 years, announces that a purchaser of Bed Bath & Beyond Inc. (NASDAQ: BBBY) filed a class action complaint against the Company for alleged...

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SHAREHOLDER ALERT: The Law Offices of Timothy L. Miles Announces HF Foods Group, Inc. (HFFG) Sued for Misleading Shareholders; HF Foods Shareholders Urged to Contact the Firm

Monday, April 6, 2020 2:20 AM HENDERSONVILLE, TN / ACCESSWIRE / April 6, 2020 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 19 years, announces that a purchaser of HF Foods Group, Inc. (NASDAQ:HFFG) filed a class action complaint against the Company for alleged...

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Investigation of CPI Aerostructures, Inc.

CPI Aerostructures, Inc. (CVU) Accused of Misleading Shareholders  According to the complaint for alleged violations of the Securities Exchange Act of 1934 between May 15, 2018 and February 14, 2020, on November 13 2018, CPI Aerostructures, Inc. (CVU) filed its Form 10-Q for 3Q 2018, touting net income of $1,328,153 and revenue of...

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Investigation of Jeld-Wen Holding, Inc.

According to the complaint for alleged violations of the Securities Exchange Act of 1934 between January 26, 2017 and October 15, 2018, Jeld-Wen Holding, Inc. (JELD) held multiple stock offerings in which the offering materials touted the Company’s financial results and outlook. However, the statements proved to be false.  The complaint alleges...

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