{"id":868713,"date":"2025-07-10T17:34:54","date_gmt":"2025-07-10T21:34:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\/"},"modified":"2025-07-10T17:34:54","modified_gmt":"2025-07-10T21:34:54","slug":"important-notice-to-long-term-shareholders-of-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\/","title":{"rendered":"Important Notice to Long-Term Shareholders of Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); Grabar Law Office is Investigating Claims on Your Behalf"},"content":{"rendered":"
\n

PHILADELPHIA, July 10, 2025 (GLOBE NEWSWIRE) — <\/p>\n

\n
\n Methode Electronics, Inc. (NYSE: MEI):<\/u>
\n <\/strong>\n <\/p>\n

\n Current Methode Electronics, Inc. (NYSE: MEI) shareholders who have held Methode Electronics shares since prior to June 23, 2022<\/strong>, can <\/strong>seek corporate reforms, the return of funds back to the company,<\/strong>and a court approved incentive award – all<\/strong>at no cost to them whatsoever<\/strong>. To learn more visit:<\/strong>https:\/\/grabarlaw.com\/the-latest\/methode-shareholder-investigation\/<\/strong><\/a>, contact Joshua Grabar at <\/strong>jgrabar@grabarlaw.com<\/strong><\/a>, or call 267-507-6085<\/strong>.<\/p>\n

\n Why: <\/strong>A recently filed underlying securities fraud class action complaint alleges that Methode Electronics, via certain of its officers and directors, made false and\/or misleading statements and\/or failed to disclose that: (i) Methode Electronics had lost highly skilled and experienced employees during the COVID-19 pandemic necessary to successfully complete Methode Electronics\u2019 transition from its historic low mix, high volume production model to a high mix, low production model at its Monterrey facility; (ii) Methode Electronics\u2019 attempts to replace its General Motors center console production with more diversified, specialized products for a wider array of vehicle manufacturers and OEMs, in particular in the electric vehicle (\u201cEV\u201d) space, had been plagued by production planning deficiencies, inventory shortages, vendor and supplier problems, and, ultimately, botched execution of Methode Electronics\u2019 strategic plans; (iii) Methode Electronics\u2019 manufacturing systems at its critical Monterrey facility suffered from a variety of logistical defects, such as improper system coding, shipping errors, erroneous delivery times, deficient quality control systems, and failures to timely and efficiently procure necessary raw materials; (iv) Methode Electronics had fallen substantially behind on the launch of new EV programs out of its Monterrey facility, preventing Methode Electronics from timely receiving revenue from new EV program awards; and (v) as a result, Methode Electronics was not on track to achieve the 2023 diluted earnings-per-share guidance or the 3-year 6% organic sales compound annual growth rate represented to investors and such estimates lacked a reasonable factual basis.<\/p>\n

\n What You Can Do Now: <\/strong>
\n Current Methode Electronics shareholders who have held Methode Electronics stock since prior to June 23, 2022,<\/strong>
\n can <\/strong>
\n seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you would like to learn more about this matter, you are encouraged to visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/methode-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua Grabar at\u00a0<\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , <\/strong>
\n or call 267-507-6085<\/strong>. #Methode #MethodeElectronics $MEI<\/p>\n

\n
\n Manhattan Associates, Inc. (NASDAQ: MANH):<\/u>
\n <\/strong>\n <\/p>\n

Grabar Law Office is investigating whether certain officers and directors of Manhattan Associates, Inc. (NASDAQ: MANH) breached their fiduciary duties owed to the company.<\/p>\n

\n If you have held <\/strong>
\n Manhattan Associates, Inc. (NASDAQ: MANH)<\/strong>
\n shares since prior to October 22, 2024, and would like to learn more about the investigation and your rights, please visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/manh-shareholder-investigation\/<\/strong>
\n <\/a>
\n , <\/strong>
\n contact Joshua Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , or call us at 267-507-6085.<\/strong>\n <\/p>\n

\n Why?<\/strong> A recently filed securities fraud class action complaint alleges that Manhattan Associates, Inc. (NASDAQ: MANH), through certain of its officers, provided investors with material information concerning Manhattan Associates\u2019 expected revenue for the fiscal year 2025. These statements included, among other things, confidence in the Company\u2019s ability to forecast guidance despite macroeconomic fluctuations, the growth potential of their professional services offerings, and the ability for their cloud revenue to drive revenue for its professional services.<\/p>\n

The underlying complaint alleges that Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Manhattan Associates\u2019 forecasting ability for its professional services; notably, the Company was either not truly equipped to deliver \u201cresponsible targets\u201d for growth or, otherwise, Manhattan Associates\u2019 services were not equipped to achieve such targets. Finally, the Complaint alleges that such statements absent these material facts caused Plaintiff and other shareholders to purchase Manhattan Associates\u2019 securities at artificially inflated prices.<\/p>\n

\n What You Can Do Now:<\/strong>
\n Current <\/strong>
\n Manhattan Associates<\/strong>
\n shareholders who have held <\/strong>
\n Manhattan Associates<\/strong>
\n shares since prior to October 22, 2024,<\/strong>
\n are encourage to visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/manh-shareholder-investigation\/<\/strong>
\n <\/a>
\n ,<\/strong>
\n contact Joshua H. Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , or call us at 267-507-6085. <\/strong>
\n You can <\/strong>
\n seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.<\/strong> $MANH #ManhattanAssociates<\/p>\n

\n
\n Napco Security Technologies, Inc. (NASDAQ: NSSC) Shareholder Class Action Survives Motion to Dismiss:<\/u>
\n <\/strong>\n <\/p>\n

\n If you are a Current Napco Security Technologies, Inc. (NASDAQ: NSSC) shareholder who has held Napco shares since prior to November 7, 2022, you<\/strong>
\n can <\/strong>
\n seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Click here to join or learn more: <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/Napco-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua H. Grabar at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , or call 267-507-6085.<\/strong>\n <\/p>\n

\n Why?<\/strong>
\n Key allegations in a recently filed securities fraud class action complaint against the company and certain of its officers have survived a motion to dismiss. <\/strong>That complaint alleges that Napco Security Technologies, Inc. (NASDAQ: NSSC), through certain of its officers and directors, made materially false and\/or misleading statements and\/or failed to disclose that: (1) Napco failed to address any material weaknesses with internal controls regarding cost of goods sold (“COGS”) and inventory; (2) Napco downplayed the severity of material weaknesses regarding their internal controls; (3) Napco\u2019s unaudited financial statements from September 30, 2022 to the present included \u201ccertain errors\u201d such as overstating inventory and understanding net COGS, resulting in overstated gross profit, operating income and net income for each period; (4) as a result, Napco would need to restate its previously filed unaudited financial statements for certain periods; and (5) as a result, Defendants\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n On April 11, 2025, the federal court determined that key allegations would survive Defendants\u2019 motion to dismiss the complaint. In so holding, the court determined <\/strong>\u201cPlaintiffs have adequately stated Exchange Act claims by pleading scienter [knowledge of wrongdoing] through defendants\u2019 unusual stock sales and by plausibly alleging loss causation between the corrective announcement and stock price drop. Plaintiffs have also stated Securities Act claims against Napco and the underwriter defendants.\u201d . . . \u201cTaking the well-pleaded facts as true, there is no question that plaintiffs have adequately pled scienter. First, the stock sales were highly unusual in timing and amount. As to amount, the total proceeds of over $108 million from stock sales by the officer defendants weigh in favor of a motive. . . . And the officer defendants sold hefty percentages of their holdings \u2013 48.5% for Soloway and 45.5% for Buchel.\u201d<\/p>\n

\n What To Do Now:<\/strong>
\n If you have held Napco shares since before November 7, 2022 and would like to learn more about this matter, please visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/Napco-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact Joshua H. 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 back to the company, and a court approved incentive award at no cost to you whatsoever.<\/strong> $NSSC #NAPCO<\/p>\n

\n
\n Treace Medical Concepts, Inc. (NASDAQ: TMCI)<\/u>
\n <\/strong>\n <\/p>\n

\n If you have held Treace Medical Concepts (NASDAQ: TMCI) shares continuously since prior to <\/strong>
\n May 8, 2023, you can<\/strong>
\n seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you<\/strong>. Visit <\/strong>https:\/\/grabarlaw.com\/the-latest\/treace-shareholder-investigation\/<\/a>, or <\/strong>contact Joshua H. Grabar at\u00a0<\/strong>jgrabar@grabarlaw.com<\/a>or call 267-507-6085 <\/strong>to learn more.<\/strong><\/p>\n

\n Why?<\/strong> A recently filed securities class action complaint alleges that, Treace Medical Concepts, Inc. (NASDAQ: TMCI), via certain of its officers, made materially false and\/or misleading statements and failed to disclose adverse facts about the Company\u2019s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose that: (1) competition impacted the demand for and utilization of its primary product, the Lapiplasty 3D Bunion Correction System; (2) as a result, Treace Medical\u2019s revenue declined, and the Company needed to accelerate its plans to offer a product that served as an alternative to osteotomy (a surgical procedure involving the cutting and realignment of a bone to improve its position or function); and (3) 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 You Can Do Now: <\/strong>
\n Current Treace shareholders who have held Treace shares since prior to May 8, 2023,<\/strong>
\n can <\/strong>
\n seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. <\/strong>
\n If you would like to learn more about this matter, you are encouraged to visit <\/strong>
\n
\n https:\/\/grabarlaw.com\/the-latest\/treace-shareholder-investigation\/<\/strong>
\n <\/a>
\n , contact us at <\/strong>
\n
\n jgrabar@grabarlaw.com<\/strong>
\n <\/a>
\n , or call 267-507-6085.<\/strong> #Treace $TMCI<\/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: 267-507-6085
Email: jgrabar@grabarlaw.com<\/a><\/p>\n

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

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

PHILADELPHIA, July 10, 2025 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI): Current Methode Electronics, Inc. (NYSE: MEI) shareholders who have held Methode Electronics shares since prior to June 23, 2022, can seek corporate reforms, the return of funds back to the company,and a court approved incentive award – allat no cost to them whatsoever. To learn more visit:https:\/\/grabarlaw.com\/the-latest\/methode-shareholder-investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. Why: A recently filed underlying securities fraud class action complaint alleges that Methode Electronics, via certain of its officers and directors, made false and\/or misleading statements and\/or failed to disclose that: (i) Methode Electronics had lost highly skilled and experienced employees during the COVID-19 pandemic necessary to successfully complete Methode Electronics\u2019 transition from … <\/p>\n

Continue reading “Important Notice to Long-Term Shareholders of Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); 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-868713","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nImportant Notice to Long-Term Shareholders of Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); 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-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\/\" \/>\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 Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); Grabar Law Office is Investigating Claims on Your Behalf - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, July 10, 2025 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI): Current Methode Electronics, Inc. (NYSE: MEI) shareholders who have held Methode Electronics shares since prior to June 23, 2022, can seek corporate reforms, the return of funds back to the company,and a court approved incentive award – allat no cost to them whatsoever. To learn more visit:https:\/\/grabarlaw.com\/the-latest\/methode-shareholder-investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. Why: A recently filed underlying securities fraud class action complaint alleges that Methode Electronics, via certain of its officers and directors, made false and\/or misleading statements and\/or failed to disclose that: (i) Methode Electronics had lost highly skilled and experienced employees during the COVID-19 pandemic necessary to successfully complete Methode Electronics\u2019 transition from … Continue reading "Important Notice to Long-Term Shareholders of Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); 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-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-10T21:34:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5Mjc3MiM3MDQyODQzIzIyMDEyNzA=\" \/>\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=\"7 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-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-notice-to-long-term-shareholders-of-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Important Notice to Long-Term Shareholders of Methode Electronics, Inc. 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(NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); Grabar Law Office is Investigating Claims on Your Behalf - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/important-notice-to-long-term-shareholders-of-methode-electronics-inc-nyse-mei-manhattan-associates-inc-nasdaq-manh-napco-security-technologies-inc-nasdaq-nssc-and-treace-medical-con\/","og_locale":"en_US","og_type":"article","og_title":"Important Notice to Long-Term Shareholders of Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. (NASDAQ: TMCI); Grabar Law Office is Investigating Claims on Your Behalf - Market Newsdesk","og_description":"PHILADELPHIA, July 10, 2025 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI): Current Methode Electronics, Inc. (NYSE: MEI) shareholders who have held Methode Electronics shares since prior to June 23, 2022, can seek corporate reforms, the return of funds back to the company,and a court approved incentive award – allat no cost to them whatsoever. To learn more visit:https:\/\/grabarlaw.com\/the-latest\/methode-shareholder-investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. Why: A recently filed underlying securities fraud class action complaint alleges that Methode Electronics, via certain of its officers and directors, made false and\/or misleading statements and\/or failed to disclose that: (i) Methode Electronics had lost highly skilled and experienced employees during the COVID-19 pandemic necessary to successfully complete Methode Electronics\u2019 transition from … Continue reading \"Important Notice to Long-Term Shareholders of Methode Electronics, Inc. (NYSE: MEI); Manhattan Associates, Inc. (NASDAQ: MANH); Napco Security Technologies, Inc. (NASDAQ: NSSC); and Treace Medical Concepts, Inc. 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