The Delaware Post
SEE OTHER BRANDS

The latest news from Delaware

Johnson Fistel, PLLP Investigates Telephone and Data Systems, Fluence Energy, The Bancorp, and Zynex on Behalf of Long-Term Shareholders

SAN DIEGO, July 03, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is investigating potential violations of federal and state securities laws by certain officers and directors of the following companies: Telephone and Data Systems, Inc. (NYSE: TDS), Fluence Energy, Inc. (NASDAQ: FLNC), The Bancorp, Inc. (NASDAQ: TBBK), Zynex, Inc. (NASDAQ: ZYXI). Long-term shareholders of any of these companies who have continuously held shares during the relevant time periods may be able to hold certain officers and directors personally accountable for misconduct and assist in reforming the company’s corporate governance.

Telephone and Data Systems, Inc. (NYSE: TDS)
Johnson Fistel, PLLP is investigating potential claims on behalf of Telephone and Data Systems, Inc. against certain of its officers and directors.

If you are a current, long-term shareholder continuously holding since before May 6, 2022, you may have standing to hold Telephone and Data Systems harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:

https://www.johnsonfistel.com/investigations/telephone-and-data-systems-inc

Previously, a class action lawsuit was filed against the company. The filed complaint alleges that defendants made false statements and/or concealed that: (i) defendants had no reason to believe UScellular's "free upgrade" promotional activity, which was tested and trialed during the second quarter of 2022, was effective at reducing the UScellular's postpaid churn rate as they represented to investors, as opposed to merely adding new postpaid subscribers, when its churn rate was actually increasing or remaining constant over most quarters in the class period; (ii) UScellular was not making progress with respect to its churn rate, as it represented to investors; (iii) UScellular was not in fact balancing its promotional activity and its profitability; (iv) due to extreme competition among postpaid carriers, UScellular did not have the flexibility to offset the costs from widespread, expensive promotions with price increases; and (v) as a result of the Companies' decision for UScellular to continue engaging in heavy promotions to address its postpaid subscriber churn rate despite any lack of positive impact on churn rate, UScellular's profitability substantially declined.

Fluence Energy, Inc. (NASDAQ: FLNC)
A class action lawsuit was filed on March 12, 2025, in the U.S. District Court for the Eastern District of Virginia on behalf of investors who purchased shares between October 28, 2021, and February 10, 2025. The Complaint alleges Fluence misled investors regarding product defects, installation issues, warranty obligations, and inflated financial results. The stock dropped following revelations of a 49% revenue decline and slashed guidance.

Click the following link to join: https://www.johnsonfistel.com/investigations/fluence-energy-inc

The Bancorp, Inc. (NASDAQ: TBBK)
A class action lawsuit was filed on March 20, 2025, in the U.S. District Court for the District of Delaware on behalf of investors who purchased shares between January 25, 2024, and March 4, 2025. The Complaint alleges The Bancorp failed to disclose material weaknesses in internal controls and accounting issues related to its fintech loan portfolio. The stock declined after the company announced its financials from 2022–2024 could not be relied upon.

Click the following link to join: https://www.johnsonfistel.com/investigations/the-bancorp-inc

Zynex, Inc. (NASDAQ: ZYXI)
A class action lawsuit was filed on March 22, 2025, in the U.S. District Court for the District of Colorado on behalf of investors who purchased shares between March 13, 2023, and March 11, 2025. The Complaint alleges Zynex artificially inflated revenues by shipping excessive medical products and filed improper reimbursement claims. The lawsuit claims misleading statements about the company’s operational integrity and financial performance.

Click the following link to join: https://www.johnsonfistel.com/investigations/zynex-inc

About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on U.S. exchanges. For more information about the firm and how we may be able to help you recover your losses, please visit www.johnsonfistel.com.

Achievements:
In 2024, Johnson Fistel was ranked in the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. The firm has recovered approximately $90,725,000 for aggrieved clients in cases where it served as lead or co-lead counsel, marking the eighth time it has been recognized among the top U.S. plaintiffs' securities law firms.

Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq.
(619) 814-4471 | jimb@johnsonfistel.com or fjohnson@johnsonfistel.com


Primary Logo

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service