Securities Class Action Lawsuits Filed Against Chemours, Amylyx, and Agilon
Investors allege failure to disclose material information, leading to significant financial losses.
- Investors have until May 20, 2024, to file lead plaintiff applications in a securities class action lawsuit against The Chemours Company for alleged failure to disclose material information.
- Amylyx Pharmaceuticals faces a securities class action lawsuit for allegedly overstating the commercial prospects of its ALS treatment, RELYVRIO, and misleading investors about its financial statements.
- Agilon Health is accused of failing to disclose material information, leading to a significant revision of its 2023 profit forecasts and a sharp decline in its share price.
- The lawsuits are being led by Kahn Swick & Foti, LLC, a firm specializing in securities litigation, with former Louisiana Attorney General Charles C. Foti, Jr. as a partner.
- These cases highlight ongoing concerns regarding corporate transparency and the potential impact on investors.