Investment
Features
FeesSafety
Academy
More
Pluang+

Pentair CFO departure and EPS cut spark shareholder loss investigation

Market News
16 Jul 2026
PRNewsWire
View Source
Bearish
pluang ai news

Pentair announced CFO Nicholas J. Brazis's departure effective July 10, 2026, alongside a significant cut in FY2026 EPS guidance from $5.30-$5.40 to $4.60-$4.80. This announcement caused immediate losses for shareholders and prompted an investigation by Levi & Korsinsky into whether Pentair disclosed the CFO change and earnings guidance reset in a timely and complete manner. The investigation focuses on the timing and content of disclosures before the July announcement, including the April 28 earnings call. Investors who suffered losses may be eligible to participate in legal actions to recover damages.

More News

Serko holds shareholder meeting with voting and Q&A, led by Chair Claudia Batten and CFO Shane Sampson.

Serko holds shareholder meeting with voting and Q&A, led by Chair Claudia Batten and CFO Shane Sampson.

Serko Limited conducted a shareholder meeting on August 23, 2026, chaired by Claudia Batten with CFO Shane Sampson present to assist. Shareholders were invited to vote and ask questions via an online portal, with support from external auditors Deloit...

Market News
Neutral
4 hours ago
Fed study shows Bitcoin gains boost crypto buying and durable goods spending among US households

Fed study shows Bitcoin gains boost crypto buying and durable goods spending among US households

A Federal Reserve Bank of Cleveland study found that showing people Bitcoin's past 12-month gain of 14.3% increased their desired crypto holdings by about 2 percentage points and actual purchases by 2.5 points. Crypto owners expected much higher retu...

Market News
Bullish
4 hours ago
Ethereum surges past $2,500 on strong ETF inflows and massive short squeeze

Ethereum surges past $2,500 on strong ETF inflows and massive short squeeze

Ethereum (ETH) price broke above $2,500, reaching its highest level since January, driven by $697 million inflows into US spot Ethereum ETFs and a $1.69 billion short squeeze over three days. Institutional interest is strong, with staking participati...

Technical Signals
Bullish
4 hours ago
Rising EU carbon costs push Bitcoin mining from Europe to cheaper Russia.

Rising EU carbon costs push Bitcoin mining from Europe to cheaper Russia.

A study by Vietnamese researchers shows that higher carbon prices in the EU are causing Bitcoin mining to shift to Russia, where there is no carbon tax, making mining cheaper. Companies operating in both regions switch off European machines and activ...

Market News
Neutral
4 hours ago
Ledger fixes critical Ethereum wallet flaw that risked fraudulent transaction signing without user knowledge.

Ledger fixes critical Ethereum wallet flaw that risked fraudulent transaction signing without user knowledge.

Ledger quietly patched a serious security flaw in its Ethereum hardware wallet app on August 12, 2026, which allowed malicious apps to replace legitimate transactions during signing. The vulnerability was found internally by Ledger's Donjon security ...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

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