Overview

• Class action lawsuits have been filed against Golden Heaven Group Holdings Ltd., The Lovesac Company, Inspire Medical Systems, Inc., Driven Brands Holdings Inc., and VNET Group, Inc. by different law firms.
• Golden Heaven is accused of overstating the number of visitors to its amusement parks and overall growth prospects, and maintaining poor conditions at its parks.
• The Lovesac Company allegedly did not properly account for last mile shipping and freight expenses, leading to overstatement of its gross profit and operating and net income.
• Inspire Medical Systems is accused of misleading investors about the effectiveness of its Acceleration Program, leading to a shortfall of hundreds of procedures to implant the company's OSA device.
• Driven Brands Holdings is accused of misleading investors about the integration of its auto glass businesses and the condition of its car wash business.