Area of Law: Securities Litigation

Barrack, Rodos & Bacine Client Appointed to Lead Class Action Against Icahn Enterprises, LLP, and BR&B Appointed as Lead Counsel

On November 20, 2023, Barrack, Rodos & Bacine was appointed lead counsel in Okaro v. Icahn Enterprises, LLP, et al., Case No. 1:23-cv-21773, where it represents the Court-appointed lead plaintiff, Phillip Kosowsky, and a putative class of investors of Icahn Enterprises, LLP (“IEP”) who purchased IEP depositary units. The action is pending in the United […]

SHAREHOLDER ALERT: Barrack, Rodos & Bacine Notifies Shareholders of The Beauty Health Co. (SKIN) of a Securities Class Action Lawsuit

The law firm of Barrack, Rodos & Bacine announces that a class action lawsuit has been filed on behalf of investors in The Beauty Health Co. (NASDAQ: SKIN) who purchased the stock from May 10, 2022 through November 13, 2023 (the “Class Period”).   If you purchased Beauty Health stock during the Class Period and sustained […]

SHAREHOLDER ALERT: Barrack, Rodos & Bacine Encourages Enviva Inc. (EVA) Shareholders to Contact the Firm

On May 3, 2023, Enviva Inc. (NYSE: EVA), a producer of wood pellets, issued a press release in which it lowered its 2023 projected EBITDA from a range of $305-$335 million to $200-$250 million, increased its projected net loss from a range of $18-$48 million to $136-$186 million, and eliminated its quarterly dividend. These revelations […]

Delaware Chancery Court Approves $48.5 Million Settlement of MSGN/MSGE Merger Stockholder Action

On August 14, 2023, Vice Chancellor Lori Will of the Delaware Court of Chancery approved a $48.5 million settlement of a consolidated stockholder class action brought on behalf of MSG Networks Inc. (MSGN) stockholders challenging the $900 million merger between Madison Square Garden Entertainment Corp. (MSGE) and MSGN. In September 2021, Barrack, Rodos & Bacine […]

SHAREHOLDER ALERT: Barrack, Rodos & Bacine Encorages Napco Security Technologies, Inc. (NASDAQ: NSSC) Shareholders to Contact the Firm

On August 18, 2023, Napco Securities Technologies Inc. (NASDAQ: NSSC) – a manufacturer of security products, such as electronic locks and alarms – revealed that it had not maintained appropriate financial reporting controls. In a statement released after the close of the market, the company said it had “identified certain errors related to the Company’s […]

SHAREHOLDER ALERT: Barrack, Rodos and Bacine Investigates Waldencast plc (NASDAQ: WALD)

Barrack, Rodos & Bacine is investigating potential claims on behalf of investors in shares of Waldencast plc for possible violations of federal securities laws. Waldencast is a holding company operating in the beauty and wellness markets. It trades on NASDAQ under the symbol “WALD” and had secondary offerings of stock in July and December 2022. […]

SHAREHOLDER ALERT: Barrack, Rodos & Bacine Investigates Xponential Fitness Inc. (XPOF) for Securities Fraud

Barrack, Rodos & Bacine is investigating potential claims on behalf of investors of shares of Xponential Fitness Inc. (“Xponential”) (NYSE: XPOF), a franchisor of fitness brands. The investigation concerns the possibility that Xponential, and certain of its officers and directors, engaged in securities fraud or other unlawful business practices. On June 27, 2023, a short […]

SHAREHOLDER ALERT: Barrack, Rodos & Bacine Encourages Icahn Enterprises Shareholders to Contact Firm About Its Investigation

Barrack, Rodos & Bacine is investigating Icahn Enterprises L.P. (NASDAQ:IEP) for potential violations of federal securities laws. On May 10, 2023, Icahn Enterprises revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that it had been contacted by the U.S. Attorney for the Southern District of New York “seeking production of information […]

Barrack, Rodos & Bacine Announces MSGN/MSGE Merger Case Has Settled in Principle for $48.5 Million

As previously announced, in September 2021, Barrack, Rodos & Bacine and two of its clients, along with three other firms and two other plaintiffs, were appointed to lead a consolidated stockholder class action brought on behalf of MSG Networks Inc. (MSGN) stockholders challenging the $900 million merger between Madison Square Garden Entertainment Corp. (MSGE) and […]

Court Upholds Securities Fraud Claims Against Dentsply Sirona, Inc.  

On March 29, 2023, United States District Judge Nina Gershon of the Eastern District of New York issued an opinion denying defendants’ motion to dismiss an Amended Complaint BR&B filed against Dentsply Sirona, Inc. and a number of its executives and directors.  The Court’s decision upheld the Amended Complaint, filed for BR&B client Strathclyde Pension […]