DOJ

Cummins, Inc. Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More Information

Retrieved on: 
Tuesday, April 9, 2024
Environment, SAN, Public, LLP, DOJ, CMI, EPA, Justice

If you have continuously owned Cummins Inc. (NYSE: CMI) shares, you have certain legal rights as a shareholder.

Key Points: 
  • If you have continuously owned Cummins Inc. (NYSE: CMI) shares, you have certain legal rights as a shareholder.
  • The company agreed to pay a substantial $1.675 billion civil penalty for its actions.
  • California Attorney General Rob Bonta emphasized that Cummins knowingly evaded state emissions tests and requirements, causing harm to public health and the environment.
  • This penalty represents the largest amount ever recovered by the DOJ under the Clean Air Act and is the second-largest environmental penalty secured.

SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRhythm

Retrieved on: 
Wednesday, April 3, 2024
Zio, Advertising, Boston Scientific, J. P. Morgan, Growth, Patient, Subpoena duces tecum, LLP, DOJ, Justice, Marketing, FDA, Court, IRTC, Pharmaceutical industry

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

Key Points: 
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
  • As a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices throughout the Class Period.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding iRhythm’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Airship AI Reports Full Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024
Cloud, Theft, Health, Federation, Organization, Government, Growth, Intelligence, DHS, Internet of things, Public company, Operating cost, Social media, Law enforcement, Acquisition, Outpost, United, DOJ, Nvidia, Workflow, Safety, FedRAMP, Workplace, Data management, Acropolis

REDMOND, Wash., April 01, 2024 (GLOBE NEWSWIRE) -- Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor, and data management surveillance solutions, today reported its financial and operational results for the full year ended December 31, 2023.

Key Points: 
  • Business combination strategically positions Airship AI, a robust AI-driven video, sensor and data management surveillance platform for government agencies and enterprises, to accelerate growth and revenue.
  • Gross margin percentage was 47% for the year ended December 31, 2023, primarily due to a higher percentage of third-party hardware sales as part of turn-key solution bundled by Airship AI with Outpost AI included.
  • Multiple new Airship AI trained AI models released supporting advanced AI processing at the edge.
  • “The fourth quarter of 2023 was highlighted by our Nasdaq listing in late December,” said Paul Allen, President of Airship AI.

Inari Medical, Inc. (NARI) Plummets on News of DOJ Investigation – Hagens Berman

Retrieved on: 
Monday, April 1, 2024
NARI, Medicine, Health, Piper Sandler Companies, News, Person, Disclosure, DOJ, Justice, Hagens Berman, Pharmaceutical industry

Inari Medical shares recently tumbled after the commercial-stage medical device company disclosed it was being investigated by the DOJ over certain payments to healthcare professionals.

Key Points: 
  • Inari Medical shares recently tumbled after the commercial-stage medical device company disclosed it was being investigated by the DOJ over certain payments to healthcare professionals.
  • But on Feb. 29, 2024, the true drivers of Inari’s revenue growth came into question, when Inari revealed that federal regulators had initiated an investigation into its payments to Health Care Professionals (“HCPs”) sometime during Dec. 2023.
  • This news sent the price of Inari shares crashing $12.14, or down about 21%, on Feb. 29, 2024.
  • “We are investigating the propriety of Inari’s touted revenue growth and repeated claims that its strategy had positioned it for sustained operating profitability by the first half of 2025,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Community Health, Inc. - CYH

Retrieved on: 
Sunday, March 31, 2024
CYH, Community, Manager, Community health, News, LLP, DOJ, Annual report, Dialysis, Pomerantz

NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Community Health, Inc. (“Community Health” or the “Company”) (NYSE: CYH).

Key Points: 
  • NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Community Health, Inc. (“Community Health” or the “Company”) (NYSE: CYH).
  • The investigation concerns whether Community Health and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against iRhythm Technologies, Inc. - IRTC 

Retrieved on: 
Sunday, March 31, 2024
Zio, Form FDA 483, Prior, Letter, Patient, Ext, LLP, News, DOJ, Complaint, Pomerantz, Action Replay, FDA, Court, Cryptocurrency

NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against iRhythm Technologies, Inc. (“iRhythm” or the “Company”) (NASDAQ: IRTC).

Key Points: 
  • NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against iRhythm Technologies, Inc. (“iRhythm” or the “Company”) (NASDAQ: IRTC).
  • The class action concerns whether iRhythm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • You have until April 8, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired iRhythm securities during the Class Period.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Inari Medical, Inc. (NARI) Investors with Substantial Losses to Contact Firm, NARI Plummets on News of DOJ Investigation – Hagens Berman

Retrieved on: 
Thursday, March 28, 2024
NARI, Health, Piper Sandler Companies, SAN, News, Person, Disclosure, DOJ, Justice, Hagens Berman, Pharmaceutical industry

SAN FRANCISCO, March 28, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Inari Medical, Inc. (NASDAQ: NARI) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 28, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Inari Medical, Inc. (NASDAQ: NARI) investors who suffered substantial losses to submit your losses now .
  • Inari Medical shares recently tumbled after the commercial-stage medical device company disclosed it was being investigated by the DOJ over certain payments to healthcare professionals.
  • This news sent the price of Inari shares crashing $12.14, or down about 21%, on Feb. 29, 2024.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRhythm

Retrieved on: 
Thursday, March 28, 2024
Zio, Advertising, Boston Scientific, J. P. Morgan, Growth, Patient, Subpoena duces tecum, LLP, DOJ, Justice, Marketing, FDA, Court, IRTC, Pharmaceutical industry

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

Key Points: 
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
  • As a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices throughout the Class Period.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding iRhythm’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Allyant Launches a Government-Specific Program to Support the DOJ's New Rule Requiring State and Local Governments to Improve Accessibility for Web, Mobile, and Electronic Documents

Retrieved on: 
Tuesday, April 9, 2024
Technology, Mobile, Wireless, People with Disabilities, Advocacy Group Opinion, Courts, Public Policy, Government, Internet, State, Local, Consumer, Disability, PDF, DOJ, Disability discrimination act, WCAG, Title II, Software

Allyant's government-centric program offers a range of accessibility solutions dedicated to supporting federal, state, and local governments in achieving digital inclusivity and compliance.

Key Points: 
  • Allyant's government-centric program offers a range of accessibility solutions dedicated to supporting federal, state, and local governments in achieving digital inclusivity and compliance.
  • Under Title II of the ADA, state and local governments must make their services, activities, and programs accessible to people with disabilities.
  • Until now, no established rules have provided state and local governments with clear guidance for achieving accessibility compliance in the digital environment.
  • Allyant has worked closely with federal, state, and local government agencies for over two decades to deliver accessible communications to their constituents.

Antitrust Lawyer Herb Allen Joins Honigman as Partner, Enhancing the Firm's Antitrust Capabilities

Retrieved on: 
Monday, April 8, 2024
Consulting, Professional Services, Legal, Vanderbilt University Law School, Honigman LLP, Justice minister, LLP, DOJ, Multimedia, Herb, Federal Trade Commission, Yale University, FTC

Honigman LLP announced today that Herb Allen has joined its Washington D.C. office as a partner in the firm’s antitrust group within the Litigation Department.

Key Points: 
  • Honigman LLP announced today that Herb Allen has joined its Washington D.C. office as a partner in the firm’s antitrust group within the Litigation Department.
  • Herb represents clients in antitrust litigation matters and defends M&A transactions under review by the Federal Trade Commission (FTC), Department of Justice (DOJ), and state antitrust enforcers.
  • "His deep expertise in antitrust matters will undoubtedly strengthen our offerings and elevate the services we provide to our clients."
  • Allen joins Honigman from Polsinelli PC, where he served as an Antitrust and Litigation Shareholder.