Overview

• Mercury Systems, ON Semiconductor Corporation, and BioNTech SE are facing class action lawsuits, with investors being reminded of upcoming lead plaintiff deadlines.
• Mercury Systems is accused of using improper revenue recognition practices and causing Physical Optics Corporation to lose its small business accreditation, leading to a significant drop in its stock price.
• ON Semiconductor Corporation allegedly misrepresented the stability and visibility of demand for its silicon carbide products, leading to a significant drop in its stock price when the truth was revealed.
• BioNTech SE is accused of overstating the demand for its COVID-19 vaccine, Comirnaty, and accumulating excess inventory, leading to potential significant inventory write-offs.
• Law firms Bragar Eagel & Squire, P.C., Rosen Law Firm, and Bronstein, Gewirtz & Grossman, LLC are representing investors in these class action lawsuits.