Amdocs Ltd. is under investigation by Block & Leviton LLP for potential securities fraud after the company disclosed a legal dispute with major client T-Mobile and a significant drop in its revenue backlog. In August 2026, Amdocs reported a $4.26 billion backlog, but by November, this fell to $3.5 billion amid escalating legal issues with T-Mobile, prompting a forecasted revenue decline of up to 17.9% for fiscal 2027. The stock price dropped about 27% following these revelations. Investors who suffered losses may be eligible to recover funds through legal action led by Block & Leviton, which is actively investigating the case.
Amdocs investigation is the subject, with Pluang's Technology sector data providing market context. As of Nov 05, 2026 04:11 WIB, 73 of 150 US tech stocks rose and 76 fell. Notable movers include Block Inc (XYZ) at USD 87.62 with a +15.34% change and 92% sell order activity, Datadog Inc (DDOG) at USD 189.22 down 14.19% with 71% buy orders, and 8x8 Inc (EGHT) at USD 2.38 up 14.15%. Typical hold times range from 17 to 78 days on Pluang.
Fox Factory Holding Corp. has appointed Troy Henige as its new Chief Technology Officer (CTO) to lead the company's technology vision, strategy, and product roadmap. This new role aims to enhance innovation, connect engineering strengths across the c...
3M Company has reached a historic $7.35 billion settlement to resolve personal injury claims related to exposure to PFAS, toxic chemicals known as "forever chemicals." The settlement covers about 99% of existing claims, potentially benefiting 115,000...
The global e-learning market is projected to grow from $275.9 billion in 2026 to $506.6 billion by 2032, with a CAGR of 10.62% driven by rising internet connectivity, corporate upskilling demands, and government digital education initiatives. North A...
Goldman Sachs Group, Inc. disclosed that it briefly held a combined stake exceeding 3% in Ontex Group NV shares as of October 27, 2026, with 566,115 voting rights and 1,965,157 financial instruments. However, by October 28, 2026, their combined posit...
BNP Paribas announced its monthly declaration of voting rights and shares as of October 31, 2026. The bank reported a total of 1,101,600,607 shares and an equal number of voting rights. This update is part of regulatory compliance under French commer...
