{"id":1010215,"date":"2026-10-14T12:05:17","date_gmt":"2026-10-14T16:05:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply\/"},"modified":"2026-10-14T12:05:17","modified_gmt":"2026-10-14T16:05:17","slug":"important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply\/","title":{"rendered":"Important Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. (NASDAQ: AARD); Coastal Financial Corporation (NASDAQ: CCB); New Era Energy & Digital, Inc. (NASDAQ: NUAI); and The Simply Good Foods Company (NASDAQ: SMPL): Grabar Law Office is Investigating Claims on Your Behalf"},"content":{"rendered":"
\n

PHILADELPHIA, Oct. 14, 2026 (GLOBE NEWSWIRE) — <\/p>\n

\n
\n Aardvark Therapeutics, Inc. (NASDAQ: AARD)<\/u>
\n <\/strong>
\n :<\/strong>\n <\/p>\n

Grabar Law Office is investigating claims on behalf of Aardvark Therapeutics, Inc. (NASDAQ: AARD) shareholders who purchased shares on or shortly after the Company\u2019s February 13, 2025, initial public offering (IPO) and have continued to hold their shares.<\/p>\n

\n What is This Investigation About?<\/strong> The investigation follows the filing of a securities class action against Aardvark and certain of its officers and directors alleging violations of the federal securities laws in connection with statements concerning the safety and prospects of the Company\u2019s lead drug candidate, ARD-101.<\/p>\n

\n If you purchased<\/strong>
\n Aardvark Therapeutics, Inc. (NASDAQ: AARD) <\/strong>
\n shares on or shortly after the Company\u2019s February 13, 2025 IPO<\/strong>
\n , <\/strong>
\n and still hold shares today, <\/strong>
\n you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever through a shareholder governance action. You are encouraged to visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/aardvark-shareholder-investigation\/<\/strong>
\n <\/a>
\n , <\/strong>
\n contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call 267-507-6085 to learn more.<\/strong>\n <\/p>\n

\n What is Alleged? <\/strong> According to the recently filed securities complaint, Aardvark Therapeutics, Inc. (NASDAQ: AARD) IPO offering documents represented that ARD-101 had been \u201cwell-tolerated\u201d in earlier clinical trials, had limited systemic absorption, and had demonstrated no serious adverse events. The complaint alleges that the offering documents were materially false or misleading because they failed to disclose that ARD-101 was less safe than investors had been led to believe and that its clinical, regulatory, and commercial prospects were therefore overstated.<\/p>\n

The complaint further alleges that similar representations concerning ARD-101\u2019s safety continued after the IPO. For example, Company representatives subsequently described ARD-101 as having a \u201cvery, very clean\u201d safety profile and represented that its limited systemic exposure reduced the likelihood of side effects.<\/p>\n

Then, on February 27, 2026, Aardvark announced that it was voluntarily pausing enrollment and dosing in the Phase 3 HERO trial after identifying reversible cardiac observations during safety monitoring in a healthy-volunteer study. Following the announcement, Aardvark\u2019s stock price allegedly declined approximately 56%, closing at $5.47 per share on March 2, 2026.<\/p>\n

Then, on May 14, 2026, Aardvark announced that the FDA had placed a full clinical hold on the investigational new drug application for ARD-101, including the Phase 3 HERO trial and its open-label extension. According to the complaint, Aardvark\u2019s stock declined another 32.1% the following day, closing at $4.57 per share.<\/p>\n

\n What Can You Do Now? <\/strong>
\n If you purchased Aardvark shares at or shortly after the February 13, 2025 IPO, and continue to own those shares today, <\/strong>
\n you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/aardvark-shareholder-investigation\/<\/strong>
\n <\/a>
\n , <\/strong>
\n contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call 267-507-6085 to learn more.<\/strong>\u00a0\u00a0\u00a0 #AARD $AARD #Aardvark<\/p>\n

\n
\n Coastal Financial Corporation (NASDAQ: CCB)<\/u>
\n <\/strong>:<\/p>\n

Grabar Law Office is investigating claims on behalf of shareholders of Coastal Financial Corporation (NASDAQ: CCB).<\/p>\n

\n What is This Investigation About?<\/strong> This investigation concerns possible breaches of fiduciary duties and other alleged misconduct by certain officers and directors of the Company.<\/p>\n

\n Current Coastal Financial Corporation (NASDAQ: CCB) shareholders who have held Coastal shares since prior to October 28, 2024, are encouraged visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/coastal-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , or call 267-507-6085. <\/strong>
\n You<\/strong>
\n can <\/strong>
\n seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you whatsoever. <\/strong>\n <\/p>\n

\n What is Alleged? <\/strong>A recently filed federal securities fraud class action alleges that Coastal Financial Corporation (NASDAQ: CCB), through certain of its current and former executives, made materially false and misleading statements concerning the growth and credit quality of Coastal\u2019s CCBX business, the adequacy of the Company\u2019s risk-management and credit-monitoring practices, and the credit protections provided by CCBX partner indemnification agreements. Specifically, that complaint alleges that, while Coastal represented that CCBX growth was being pursued in a disciplined manner with an emphasis on credit quality and risk management, defendants failed to disclose that: 1) the credit quality of a substantial CCBX partner loan portfolio consisting of approximately $500 million in loans,<\/strong> or nearly 23% of all CCBX loans, had materially deteriorated; 2) the deterioration exposed Coastal to significant credit losses despite representations concerning the protections provided by CCBX partner indemnification agreements; and 3) Coastal\u2019s risk-management and credit-monitoring practices were allegedly inadequate to identify, properly account for and mitigate the deterioration and resulting risks.<\/p>\n

The truth was revealed when, on July 30, 2026,<\/strong> Coastal announced its second-quarter 2026 financial results and reported a surprise GAAP net loss of $42.1 million,<\/strong> driven primarily by a $68.8 million credit expense associated with a single CCBX partner relationship. Coastal also disclosed that the affected portfolio consisted of approximately $500 million in underlying loans, together with the related reimbursement exposure. The complaint additionally alleges that Chief Executive Officer Eric M. Sprink sold approximately $12 million of Coastal common stock during the Class Period, while former CFO Joel Edwards sold approximately $3.8 million. It is alleged that those sales occurred before the deterioration of the CCBX partner portfolio and Coastal\u2019s resulting exposure were disclosed to investors.<\/p>\n

\n What Can You Do Now?<\/strong>
\n If you have owned Coastal Financial Corporation (NASDAQ: CCB) shares since prior to October 28, 2024, you <\/strong>
\n can <\/strong>
\n seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you whatsoever. Please <\/strong>
\n visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/coastal-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , or call 267-507-6085 to learn more. <\/strong>#CoastalFinancial #CCB $CCB<\/p>\n

\n
\n New Era Energy & Digital, Inc. (NASDAQ: NUAI)<\/u>
\n <\/strong>
\n :<\/strong>\n <\/p>\n

Grabar Law Office is investigating claims on behalf of shareholders of New Era Energy & Digital, Inc. (NASDAQ: NUAI) (formerly known as New Era Helium (NASDAQ: NEHC)). <\/p>\n

\n What Is This Investigation About?<\/strong> The investigation concerns whether New Era and certain of its officers and directors breached their fiduciary duties owed to the Company.<\/p>\n

\n If you purchased New Era Energy & Digital, Inc. (NASDAQ: NUAI) shares (formerly known as New Era Helium (NASDAQ: NEHC)<\/strong>
\n ), <\/strong>
\n on or shortly after the Company\u2019s December 9, 2024 IPO, and continue to hold shares today, please visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/newera-shareholder-investigation-2\/<\/strong>
\n <\/a>
\n c<\/strong>
\n ontact Joshua H. Grabar at<\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call 267-507-6085. You may be able to seek corporate governance reforms, the return of funds back to the Company, and a court-approved incentive award at no cost to you whatsoever. <\/strong>\n <\/p>\n

\n What is Alleged? <\/strong>According to a recently filed federal securities fraud class action complaint, New Era Energy & Digital, Inc. (NASDAQ: NUAI), through certain of its officers, allegedly made false and misleading statements concerning the Company\u2019s Texas Critical Data Centers project, permitting progress, environmental liabilities, and related-party oil and gas transactions. The complaint alleges that New Era overstated its progress in obtaining regulatory permits and advancing its purported flagship Texas Critical Data Centers project, while publicly touting \u201ctangible progress across all fronts including engineering, permitting, regulatory filings, and land expansion.\u201d According to the complaint, the Company also represented to investors that it was making substantial progress toward a large-scale AI and high-performance computing data center campus in West Texas. It is alleged that that New Era\u2019s AI pivot was largely a \u201cfantasy,\u201d and that despite Company representations regarding permitting progress, \u201cno applications have even been submitted\u201d for required construction and environmental permits. It is further alleged that a substantial number of New Era\u2019s gas wells had been acquired from bankrupt entities tied to Company insiders and accused management of engaging in financial practices designed to enrich insiders while avoiding environmental cleanup obligations.<\/p>\n

On December 29, 2025, reports emerged that the New Mexico Attorney General had filed suit against New Era, its subsidiary Solis Partners, LLC, and Company CEO Everett Willard Gray II, alleging a \u201cfraudulent oil-and-gas scheme\u201d involving self-dealing transactions, shell entities, and strategic bankruptcies designed to evade plugging and remediation obligations for inactive wells. According to that complaint, the alleged scheme involved transferring wells among affiliated entities while leaving environmental liabilities behind in bankruptcy proceedings.<\/p>\n

\n What Can You Do Now? <\/strong>
\n If you purchased or otherwise acquired New Era Energy & Digital, Inc. (NASDAQ: NUAI) shares (formerly known as New Era Helium (NASDAQ: NEHC)), on or shortly after its December 9, 2024 IPO, and continue to hold shares today, you can seek corporate governance reforms, the return of funds back to the Company, and a court-approved incentive award at no cost to you whatsoever. Visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/newera-shareholder-investigation-2\/<\/strong>
\n <\/a>
\n , <\/strong>
\n email Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call us at 267-507-6085. <\/strong>#NewEraEnergy #NUAI $NUAI #NewEnergyHelium #NEHC $NEHC<\/p>\n

\n
\n The Simply Good Foods Company (NASDAQ: SMPL)<\/u>
\n <\/strong>:<\/p>\n

Grabar Law Office is investigating claims on behalf of shareholders of The Simply Good Foods Company (NASDAQ: SMPL).<\/p>\n

\n What is This Investigation About?<\/strong> The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.<\/p>\n

\n If you purchased The Simply Good Foods Company (NASDAQ: SMPL)<\/strong>
\n shares before February 24, 2024, and still hold shares today, <\/strong>
\n you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.<\/strong>
\n Y<\/strong>
\n ou are encouraged to visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/smpl-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call 267-507-6085 to learn more. <\/strong>\n <\/p>\n

\n What is Alleged?<\/strong> As alleged in a recently filed securities fraud class action Complaint, The Simply Good Foods Company (NASDAQ: SMPL), through certain of its officers, made materially false and misleading statements and\/or failed to disclose materially adverse facts pertaining to the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) that Simply Good Foods had lost key managerial personnel following the acquisition of OWYN necessary for the successful integration of the acquired OWYN assets; (2) that Simply Good Foods had materially increased its general and administrative spending to compensate for the loss of key managerial personnel; (3) the addition of a new pea protein supplier for OWYN prior to the acquisition had created significant product quality issues which had negatively impacted the product; (4) Simply Good Foods had engaged in promotional activities for OWYN products above its historical practices, eroding margins; (5) that, in order to stem the margin erosion, Simply Good Foods had cut brand support and marketing, further depressing product sales; (6) as a result of the above, the OWYN acquisition had largely failed to achieve its key strategic goals, the integration of OWYN had run into severe operational and execution problems, and the business and operational results for the OWYN segment had been materially negatively impacted, undermining the acquisitions economic rationale; and (7) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

\n What Can You Do Now?<\/strong>
\n If you purchased The Simply Good Foods Company (NASDAQ: SMPL)<\/strong>
\n shares before February 24, 2024, and still hold shares today, <\/strong>
\n please visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/smpl-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. <\/strong> #SMPL #SimplyGoodFoods $SMPL<\/p>\n

\n Attorney Advertising Disclaimer<\/a>\n <\/p>\n

Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: \u00a0267-507-6085
Email: jgrabar@grabarlaw.com<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, Oct. 14, 2026 (GLOBE NEWSWIRE) — Aardvark Therapeutics, Inc. (NASDAQ: AARD) : Grabar Law Office is investigating claims on behalf of Aardvark Therapeutics, Inc. (NASDAQ: AARD) shareholders who purchased shares on or shortly after the Company\u2019s February 13, 2025, initial public offering (IPO) and have continued to hold their shares. What is This Investigation About? The investigation follows the filing of a securities class action against Aardvark and certain of its officers and directors alleging violations of the federal securities laws in connection with statements concerning the safety and prospects of the Company\u2019s lead drug candidate, ARD-101. If you purchased Aardvark Therapeutics, Inc. (NASDAQ: AARD) shares on or shortly after the Company\u2019s February 13, 2025 IPO , and still … <\/p>\n

Continue reading “Important Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. (NASDAQ: AARD); Coastal Financial Corporation (NASDAQ: CCB); New Era Energy & Digital, Inc. (NASDAQ: NUAI); and The Simply Good Foods Company (NASDAQ: SMPL): Grabar Law Office is Investigating Claims on Your Behalf”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1010215","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nImportant Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. (NASDAQ: AARD); Coastal Financial Corporation (NASDAQ: CCB); New Era Energy & Digital, Inc. (NASDAQ: NUAI); and The Simply Good Foods Company (NASDAQ: SMPL): Grabar Law Office is Investigating Claims on Your Behalf - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Important Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. (NASDAQ: AARD); Coastal Financial Corporation (NASDAQ: CCB); New Era Energy & Digital, Inc. (NASDAQ: NUAI); and The Simply Good Foods Company (NASDAQ: SMPL): Grabar Law Office is Investigating Claims on Your Behalf - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, Oct. 14, 2026 (GLOBE NEWSWIRE) — Aardvark Therapeutics, Inc. (NASDAQ: AARD) : Grabar Law Office is investigating claims on behalf of Aardvark Therapeutics, Inc. (NASDAQ: AARD) shareholders who purchased shares on or shortly after the Company\u2019s February 13, 2025, initial public offering (IPO) and have continued to hold their shares. What is This Investigation About? The investigation follows the filing of a securities class action against Aardvark and certain of its officers and directors alleging violations of the federal securities laws in connection with statements concerning the safety and prospects of the Company\u2019s lead drug candidate, ARD-101. If you purchased Aardvark Therapeutics, Inc. (NASDAQ: AARD) shares on or shortly after the Company\u2019s February 13, 2025 IPO , and still … Continue reading "Important Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. (NASDAQ: AARD); Coastal Financial Corporation (NASDAQ: CCB); New Era Energy & Digital, Inc. (NASDAQ: NUAI); and The Simply Good Foods Company (NASDAQ: SMPL): Grabar Law Office is Investigating Claims on Your Behalf"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-14T16:05:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg0NTY0NCM3ODk1MzM0IzIyMDEyNzA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-notice-to-long-term-shareholders-of-aardvark-therapeutics-inc-nasdaq-aard-coastal-financial-corporation-nasdaq-ccb-new-era-energy-digital-inc-nasdaq-nuai-and-the-simply\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Important Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. 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(NASDAQ: AARD) shares on or shortly after the Company\u2019s February 13, 2025 IPO , and still … Continue reading \"Important Notice to Long-Term Shareholders of Aardvark Therapeutics, Inc. (NASDAQ: AARD); Coastal Financial Corporation (NASDAQ: CCB); New Era Energy & Digital, Inc. 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