Investment
Features
FeesSafety
Academy
More
Pluang+

Class action lawsuit filed against Babcock & Wilcox over alleged securities fraud from Nov 2025 to Mar 2026

Market News
08 Sep 2026
Newsfile Corp
View Source
Bearish
Class action lawsuit filed against Babcock & Wilcox over alleged securities fraud from Nov 2025 to Mar 2026

A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. and certain officers for alleged securities law violations during November 5, 2025 to March 11, 2026. The complaint claims the company made false and misleading statements about its business and contracts, particularly involving its largest shareholder and a power generation contract, overstating its financial prospects. Investors who purchased B&W securities during this period are encouraged to join the case. The law firm Bronstein, Gewirtz & Grossman is representing affected investors on a contingency basis, with a deadline to request lead plaintiff status by June 15, 2026.

More News

Roivant Sciences price target jumps 24.7% after strong Phase 2 trial for lung disease drug

Roivant Sciences price target jumps 24.7% after strong Phase 2 trial for lung disease drug

Roivant Sciences saw its price target raised to $52 by Jefferies, reflecting a 24.7% potential gain, following positive Phase 2 trial results for mosliciguat, a drug treating pulmonary hypertension linked to interstitial lung disease. The trial showe...

Analyst Insights
Bullish
1 hour ago
EVI Industries posts strong Q4 revenue of $121.87M and 15% annual growth to $446.6M.

EVI Industries posts strong Q4 revenue of $121.87M and 15% annual growth to $446.6M.

EVI Industries reported Q4 revenue of $121.87 million, surpassing analyst expectations of $117.1 million, and achieved a record fiscal year revenue of $446.6 million, marking a 15% increase year-over-year. The company met earnings per share forecasts...

Company Fundamentals
Bullish
1 hour ago
Lakeland Industries wins new contracts despite ongoing losses and negative EPS forecast.

Lakeland Industries wins new contracts despite ongoing losses and negative EPS forecast.

Lakeland Industries continues to face profitability challenges with a projected negative EPS of -$0.06 and recent unprofitability. However, the company secured important contracts with the Hong Kong Government Flying Service and Airports of Thailand,...

Company Fundamentals
Neutral
1 hour ago
Intel shares jump on High-NA EUV tech progress and $120 price target upgrade

Intel shares jump on High-NA EUV tech progress and $120 price target upgrade

Intel's stock surged after Northland Securities upgraded it from "Market Perform" to "Outperform" with a $120 price target, following Intel Foundry's progress in High Numerical Aperture Extreme Ultraviolet (High-NA EUV) lithography. Intel has process...

Market News
Bullish
3 hours ago
ABM Industries beats Q3 EPS estimates with $1.04, posts record $2.3B revenue and strong cash flow.

ABM Industries beats Q3 EPS estimates with $1.04, posts record $2.3B revenue and strong cash flow.

ABM Industries reported strong Q3 2026 results, surpassing analyst EPS estimates with $1.04 per share versus the expected $1.01. The company achieved record revenue of $2.3 billion, a 4.2% increase driven by organic and acquisition growth. Adjusted n...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App