Recent Security Class Actions

On February 23, 2024, Lantronix, Inc. was sued for violations of the federal securities laws in the United States District Court for the Central District of California on behalf of investors who purchased or otherwise acquired Lantronix securities between May 11, 2023 and February 8, 2024, both dates inclusive (the “Class Period”).

On February 21, 2024, Innodata Inc. was sued for violations of the federal securities laws in the United States District Court for the District of New Jersey on behalf of investors who purchased or otherwise acquired, Innodata common stock during the period from May 9, 2019 through February 14, 2024, inclusive (the “Class Period”).

On February 20, 2024, Fox Factory Holding Corp. was sued for violations of the federal securities laws in the United States District Court for the Northern District of Georgia on behalf of investors who purchased or otherwise acquired Fox Factory common stock between May 6, 2021 and November 2, 2023, inclusive (the “Class Period”).

According to the Complaint, Sunnova Energy International Inc. provides energy as a service in the U.S. The Company offers electricity, as well as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services.The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Sunnova routinely engaged in predatory business practices against disadvantaged homeowners and communities, (ii) the foregoing conduct subjected the Company to a heightened risk of regulatory and/or governmental scrutiny, as well as significant reputational and/or financial harm; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

According to the Complaint, Xponential Fitness, Inc. claims to be the largest global franchisor of boutique fitness brands, with a platform offering ten brands in categories that include Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga.On June 26, 2023, short-biased analyst firm Fuzzy Panda Research published a report titled “Xponential Fitness (XPOF) – ‘Abusive Franchisor That Is A House Of Cards’". Among other revelations, the Fuzzy Panda Report alleged that one of the individual Defendants has had a long history of misleading investors, including being exposed on camera for using “boiler room” tactics to mislead investors in connection with a prior venture and issuing false claims that Xponential “never closed a store.” On this news, the price of Xponential common stock fell more than 37%.The Complaint alleges that during the Class Period, Defendants disseminated materially false and misleading statements and failed to disclose the full truth about the Company's operations, leading to artificial inflation in the price of Xponential common stock.

On July 28, 2023, AT&T Inc. was sued for violations of the federal securities laws in the United States District Court for the District of New Jersey on behalf of investors who who purchased or otherwise acquired publicly traded AT&T securities between March 1, 2020 and July 26, 2023, inclusive (the “Class Period”).

On October 10, 2022, Twitter Inc. was sued for violations of the federal securities laws in the United States District Court for the Northern District of California on behalf of investors who who sold the publicly traded securities of Twitter, Inc. between May 13, 2022 and October 4, 2022, both dates inclusive (the “Class Period”).

On February 16, 2022, Pulse Biosciences was sued for violations of the federal securities laws in the United States District Court for the Northern District of California on behalf of investors who purchased the Company’s securities between January 12, 2021 and February 7, 2022.

On February 16, 2022, SunPower Corporation was sued for violations of the federal securities laws in the United States District Court for the Northern District of California on behalf of investors who purchased the Company’s securities between August 3, 2021 and January 20, 2022.

On February 15, 2022, Acutus Medical, Inc. was sued for violations of the federal securities laws in the United States District Court for the Southern District of California on behalf of investors who purchased the Company’s shares between May 13, 2021 and November 11, 2021.