Market Newsdesk

SAN FRANCISCO, July 7, 2026 /PRNewswire/ — Hagens Berman (HBSS), a national leader in securities litigation, is actively investigating claims in a securities class action lawsuit against GeneDx Holdings (NASDAQ: WGS) and its executives, alleging defendants misled investors about the Fabric Genomics acquisition and synergy potential.

The suit follows a devastating 49% stock collapse on May 5, 2026 in response to the company’s disastrous Q1 2026 earnings report, including a $31.2 million impairment charge.

The firm urges GeneDx investors who suffered significant losses to contact the firm now.

Class Period: Apr. 16, 2025 – May 4, 2026
Lead Plaintiff Deadline: Aug. 3, 2026
Visit:www.hbsslaw.com/investor-fraud/wgs
Contact the Firm Now:[email protected]
                                        844-916-0895

The GeneDx Securities Class Action: The Fabrics Genomics Discrepancy

The complaint alleges that GeneDx falsely touted the acquisition of Fabric Genomics as a cornerstone of its efficiency and future profitability.

But on May 4, 2026, GeneDx reported dismal Q1 2026 financial results which included a massive tenfold increase in net loss compared to the prior year period. The Fabric Genomics business (which reported a $2.5 million revenue miss) was the largest contributor to the loss, as GeneDx recorded impairment charges related to the unit totaling $31.2 million, or about 94% of the cash paid for it just one year ago.

In addition, GeneDx’s ARR fell about $200 short, a surprise blamed on a huge, adverse change in product mix toward genome whose ARR was only half that of exome.  The company also said that exome and genome revenue growth would be “at least 20%,” substantially lower than it said as recently as February. As a result of GeneDx’s changed growth narrative, the company slashed 2026 revenue guidance by 12%.

Leadership Maneuver

In the wake of the stock price cratering, GeneDx recently appointed a new President, Mark Gardner. Hagens Berman is investigating whether this leadership change is causally related to alleged failures that preceded the May collapse.

“The complaint alleges that investors were sold a vision of technological synergy, only to be hit with a massive impairment charge,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.  “We’re investigating whether GeneDx’s leadership knew of a disconnect between their public projections and the internal reality of their acquisitions.”

If you invested in GeneDx and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »

If you’d like more information and answers to other frequently asked questions about the GeneDx case and the firm’s investigation,  read more »

Whistleblowers: Persons with non-public information regarding GeneDx should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

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SOURCE Hagens Berman Sobol Shapiro LLP

SAN FRANCISCO, July 7, 2026 /PRNewswire/ — Hagens Berman Sobol Shapiro LLP (HBSS), a leading national securities litigation firm, is investigating claims in a securities class action lawsuit against Sportradar Group (NASDAQ: SRAD) and its executives. The lawsuit is brought on behalf of investors who purchased or otherwise acquired Sportradar Class A ordinary shares between November 7, 2024 and April 21, 2026, and suffered financial losses.

The lawsuit follows the dramatic 22% single day collapse in SRAD stock price on April 22, 2026, triggered by damaging investigative reports from Muddy Waters Research and Callisto Research. These reports accused the company of deceiving investors about the legality of its core business model and true sources of its revenue.

Hagens Berman is actively investigating the claims that Sportradar violated federal securities laws. Investors who lost money on Sportradar stock (SRAD) are encouraged to submit your losses now to learn about their legal options and potential recovery. Individuals with insider knowledge or information relevant to the Hagens Berman investigation are also urged to contact the firm’s attorneys.

View our latest video summary of the allegations: youtu.be/90cf7_368dk

Class Period: Nov. 7, 2024 – Apr. 21, 2026
Lead Plaintiff Deadline: July 17, 2026
Visit:www.hbsslaw.com/investor-fraud/srad
Contact the Firm Now: [email protected]
                                         844-916-0895

What is the Sportradar Group AG (SRAD) Securities Class Action About?

The class action lawsuit alleges that Sportradar misrepresented and concealed that the company deliberately partnered with black-market unlicensed gambling operators to inflate its revenues, despite publicly touting strict legal and regulatory compliance and claiming that ethics and integrity were foundational to the company’s operations.

Investors’ confidence in Sportradar’s business practices, including its purported KYC and Code of Conduct, was shattered on April 22, 2026, when two prominent short seller firms published detailed investigative reports that directly contradicted Sportradar’s prior statements about compliance and corporate governance.

Muddy Waters Research conducted an undercover investigation, analyzed Sportradar’s website code, and interviewed 15 current and former company employees to reach its conclusion that “SRAD has actively aided and abetted illegal gambling across the world’s black and grey markets – not as an accident or an oversight, but as a business strategy.” The firm “estimate[d] that illegal operators today deliver approximately 20-40% of total revenues[]” to Sportradar. Muddy Waters said it “identified nearly 50 companies as current or recent SRAD clients and collaborators who are operating in illegal markets.”

For its part, Callisto examined hundreds of gambling platforms and reported that it found evidence that “over 270 individual platforms (more than a third of the 800 Sportradar claims to serve) are using Sportradar’s products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets.” Callisto also said “[m]any of these operators have no license whatsoever[]” and “a senior former employee we spoke to estimated the exposure to unlicensed operators could be as high as 30-40% of Sportradar’s revenue.”

The market swiftly reacted, wiping out over $800 million of Sportradar’s market capitalization in a single day.

“Hagens Berman is investigating the lawsuit’s claims that Sportradar concealed an illegal business strategy from investors and may have booked revenues derived from unlawful gambling operations,” said Reed Kathrein, the Hagens Berman partner leading the firm’s Sportradar securities fraud investigation.

If you are a Sportradar (SRAD) investor who suffered substantial losses, or if you have information that could assist Hagens Berman’s investigation, contact the firm now.

For information about the Sportradar class action lawsuit and and answers to frequently asked questions, read more »

Whistleblowers: Persons with non-public information regarding Sportradar should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. 

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SOURCE Hagens Berman Sobol Shapiro LLP

SAN FRANCISCO, July 7, 2026 /PRNewswire/ — National shareholder rights firm Hagens Berman (HBSS) is actively investigating claims alleged against Veritone, Inc. (NASDAQ: VERI) and certain of its executives in a pending securities class action filed after the company admitted its previously issued financial statements were materially misstated.

SUBMIT YOUR VERI LOSSES TO HBSS

The firm’s investigation focuses on the suit’s claims that Veritone and its management violated the securities laws by intentionally misleading investors regarding the company’s financial performance through improper accounting practices during the period from October 14, 2025, to April 14, 2026.                                  

Allegations of Improper Accounting and Revenue Inflation:

The securities class action follows a series of disclosures in early 2026 that resulted in significant declines in Veritone’s share price. The core allegations, which emerged in a recently filed complaint against the company, claim that Veritone failed to disclose that it:

• Inaccurately recorded and/or misclassified certain revenue and costs. 
• Overstated its revenue, assets, accounts receivable, royalties, and other comprehensive income. 
• Maintained deficient internal controls over accounting and financial reporting. 
• Provided investors with positive statements regarding its business, operations, and prospects that lacked a reasonable basis.

Key Disclosures and Market Impact

• March 26, 2026: Veritone announced that it was “finalizing its accounting determination of certain revenue transactions,” causing shares to fall over 29% the following day.
• April 1, 2026: The company delayed its annual report filing due to accounting determination issues regarding barter revenue, leading to another stock decline. 
• April 14, 2026: Veritone formally disclosed that its unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2025, should no longer be relied upon, citing errors in software valuation and revenue misclassification, which drove the price of Veritone shares down further.

Hagens Berman’s Investigation

“Our investigation is focused on whether Veritone and its management intentionally misled investors about its financial performance using now-admitted improper accounting,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Investor Rights and Court Deadlines

If you invested in Veritone securities during the Class Period (October 14, 2025 – April 14, 2026) and suffered financial losses, you may be eligible to serve as lead plaintiff in the ongoing litigation. The court-imposed deadline to move for appointment as lead plaintiff is July 20, 2026.

• 
  Report your losses
  
• Contact the Firm Now:
  
  [email protected]
  
• HBSS Investor Hotline: 844-916-0895
• Hagens Berman Veritone Site:
  www.hbsslaw.com/cases/veritone

View our latest video summary of the allegations: youtu.be/dflmz_R1g64

Whistleblowers: Persons with non-public information regarding Veritone should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

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SOURCE Hagens Berman Sobol Shapiro LLP

SAN FRANCISCO, July 7, 2026 /PRNewswire/ — National shareholder rights firm Hagens Berman is investigating claims alleged in a pending securities class action suit against Roblox Corporation (NYSE: RBLX) and its management following disclosures that the company’s age verification rollout caused significant, undisclosed friction to its user growth and platform engagement.

SUBMIT YOUR RBLX LOSSES TO HBSS NOW

The firm’s investigation focuses on the suit’s claims that Defendants misled investors regarding the operational consequences of the safety-focused initiatives the company had purportedly implemented.

Allegations Concerning Age Verification and Growth:

The suit follows a sharp decline in Roblox’s share price on May 1, 2026, after the company reported its Q1 2026 financial results. The core allegations, which have emerged in recently filed complaint against the company, contend that Roblox failed to disclose that its age-check rollout:

• Reduced Platform Engagement: The age verification features hindered on-platform communication, leading to a decline in user interaction.
• Negatively Impacted Organic Growth: The friction caused by these features resulted in lower app store ratings and a corresponding reduction in organic user sign-ups.
• Misrepresented Growth Potential: Throughout the class period (October 30, 2025 – April 30, 2026), Roblox characterized the rollout as a “gold standard” implementation while allegedly knowing it would lead to a significant slowdown in user growth.

Key Disclosures and Market Impact

• April 30, 2026: Roblox revealed a steep deceleration in year-over-year and sequential DAU growth, slashed its 2026 revenue guidance and severely cut its 2026 bookings growth. The company blamed its dismal results on just 51% of Roblox global DAUs having age checked. The company further revealed that “as a result of age check […] we have seen a reduction in app store ratings, and we believe this may be contributing to a reduction in organic sign-ups that typically flow from app stores.” Roblox also said its lowered prospects are the result of “continued friction” resulting from the age-check rollout.
• Market Correction: The news caused Roblox shares to fall $10.13, or approximately 18.33%, on May 1, 2026, erasing over $6.7 billion in market capitalization.

Hagens Berman’s Investigation

“We’re focused on when Roblox and its management knew of the adverse consequences of the age-check rollout and whether they intentionally misled investors about it,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Investor Rights and Lead Plaintiff Deadline

Hagens Berman is currently evaluating the claims alleged in the suit brought on behalf of a putative class of investors who purchased Roblox securities between October 30, 2025, and April 30, 2026. If you suffered financial losses on RBLX during the class period, you are encouraged to contact our office to learn more about your legal rights and the ongoing class action litigation.  The court-imposed deadline to move for appointment as lead plaintiff is August 7, 2026.

• 
  Report your losses now
  
• Contact Our Attorneys:
  
  [email protected]
  
• Investor Hotline: 844-916-0895
• Hagens Berman’s Roblox Page:
  
  www.hbsslaw.com/cases/roblox
  

If you’d like more information and answers to other frequently asked questions about the Roblox case and the firm’s investigation, read more.

Whistleblowers: Persons with non-public information regarding Roblox should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

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SOURCE Hagens Berman Sobol Shapiro LLP

SINGAPORE, July 7, 2026 /PRNewswire/ — 51Talk, a global live 1-on-1 online English learning platform for children, today announced a comprehensive global curriculum upgrade to celebrate its 15th anniversary. More than a product upgrade, this initiative reflects 51Talk’s enduring commitment to global education: empowering children to communicate confidently across cultures, connect with the world, and make their voices heard.

Founded in 2011, 51Talk now serves families across more than 50 countries and regions, with a strong presence across Southeast Asia, the Middle East, and East Asia. Through live 1-on-1 English lessons and structured learning pathways, the platform has consistently helped children develop speaking confidence through regular practice and immersive interaction.

An Integrated Curriculum Upgrade

Starting this July, 51Talk will roll out its new online English learning curriculum, Global Communicator. Built on academic excellence and real-world relevance, the upgraded curriculum delivers internationalized content, personalized learning pathways, and a highly interactive learning experience designed to develop confident global communicators.

The curriculum incorporates Oxford University Press-authorized course materials, adapted for young learners and aligned with internationally recognized English proficiency standards. An AI-powered adaptive learning system analyzes student performance and adjusts lesson difficulty in real time, enabling truly personalized learning. Powered by an advanced interactive engine, the curriculum simulates authentic real-life scenarios, helping students develop the confidence and skills to communicate naturally and effectively in English.

“Our goal has always been to help children apply their English communication skills confidently in everyday situations,” said Lucy Qu, Vice President of Academics at 51Talk. “This upgrade further enhances how we deliver interactive, responsive, and communication-focused learning.”

Real Voices: From Classroom to Global Stage

Since 2023, 51Talk has supported youth public speaking initiatives at international events such as the United Nations Climate Change Conference (COP), empowering students to voice their perspectives on real-world issues.

Le Bao Nhi from Vietnam, who was once hesitant to speak, found her voice through 51Talk lessons and ultimately spoke at COP30. “I used to be shy and afraid of making mistakes,” she shared. “Now, I’m proud to connect with people worldwide in English. We must believe that small hands can make a big difference.” Sheddi Alharthi from Saudi Arabia also experienced a remarkable transformation after speaking at COP30, noting, “Speaking English with confidence has opened up a much bigger world for me.”

One of 51Talk’s 5-Star teachers noted that confidence grows through consistent practice in a supportive learning environment, empowering students to express themselves freely in English. “Our mission goes beyond teaching English,” the teacher shared. “Through continuous guidance and companionship, we hope every child can speak English confidently in real-life situations.”

Looking Ahead to the Next Chapter

Standing at this 15-year milestone, 51Talk remains dedicated to enhancing its live 1-on-1 online English learning experience. Supported by passionate teachers and an AI-powered learning system, the platform will continue to help more children develop communication skills and the confidence to connect with the world. 51Talk looks forward to seeing more young learners find their voices and shine on the global stage.

To learn more, please visit: www.51talk.com

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SOURCE 51Talk

NEW YORK, July 7, 2026 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Insulet Corporation (NASDAQ: PODD) between February 21, 2025 and May 26, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2026.

So what: If you purchased Insulet securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Insulet Corporation class action, go to https://rosenlegal.com/cases/insulet-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Insulet’s manufacturing controls and procedures were defective; (2) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Insulet class action, go to https://rosenlegal.com/cases/insulet-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.