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Law firm investigates Simulations Plus after revenue cut and accounting issues cause stock drop

Market News
22 Oct 2026
GlobeNewsWire
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Bearish
Law firm investigates Simulations Plus after revenue cut and accounting issues cause stock drop

Johnson Fistel, PLLP is investigating Simulations Plus following the company's cut in 2025 revenue guidance and disclosure of accounting problems. Simulations Plus lowered its full-year revenue forecast from $90-$93 million to $76-$80 million due to budget cuts and project delays, causing a 24% stock drop. Later, a $67.3 million net loss and dismissal of its auditor, Grant Thornton, citing unresolved accounting issues, led to a further 26% share decline. The investigation aims to determine if investors can recover losses under securities laws.

Johnson Fistel's investigation into Simulations Plus follows the company's recent revenue guidance cut and accounting disclosures. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 22, 2026 19:02 WIB: out of 150 priced Technology-sector US stocks tradable on Pluang, 29 rose and 120 fell today. Notable movers include CRDO at USD 173.22 with a 4.97% decline and 83% sell order activity, ENTG at USD 140.35 down 4.97%, and TER at USD 328.33 down 4.97% but with 100% buy order activity. The most notable figure is the 83% sell order activity on CRDO.

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