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Cogent Communications Hit With Securities Suit Over Wavelength Backlog

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Cogent Communications Hit With Securities Suit Over Wavelength Backlog

San Francisco – September 10, 2026 -- Hagens Berman Sobol Shapiro LLP has filed a securities class action against Cogent Communications Holdings (NASDAQ: CCOI), alleging the company misrepresented its optical wavelength "backlog" as a reliable indicator of revenue growth between February 29, 2024 and May 1, 2026.

Lawsuit targets Cogent's wavelength backlog disclosures as misleading investors

The complaint alleges Cogent's wavelength backlog was largely illusory, with customers unable or unwilling to accept delivery even when the company could provision the wavelengths. Plaintiffs claim this misrepresented actual customer demand and inflated the company's growth narrative.

Wix Faces Securities Suit After AI Costs Erase $1.1B in Market Value

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Wix Faces Securities Suit After AI Costs Erase $1.1B in Market Value

San Francisco – September 10, 2026 -- Wix.com Ltd. (NASDAQ: WIX) is now the target of a securities class action following a 27% plunge in its share price after the company disclosed Q1 2026 results showing operating expenses had spiked 46% year-over-year. The case, Yappi v. Wix.com Ltd., et al., No. 26-cv-08852, was filed in the U.S. District Court for the Northern District of Illinois and seeks to represent investors who bought Wix securities between February 19, 2025 and May 12, 2026.

Pentair Securities Fraud Suit Expands Class Period to March 2025

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Pentair Securities Fraud Suit Expands Class Period to March 2025

SAN FRANCISCO – September 10, 2026 -- Hagens Berman Sobol Shapiro LLP has expanded a securities fraud class action against Pentair plc (NYSE: PNR), extending the class period back to March 11, 2025, from the original start date of April 28, 2026. The lead plaintiff deadline is set for October 2, 2026, giving investors who purchased Pentair stock during the newly expanded window until that date to seek appointment as lead plaintiff.

Lawsuit alleges Pentair concealed severe Pool segment channel destocking

The amended complaint alleges Pentair and top executives made materially false and misleading statements about the company's financial health, channel inventory and internal controls beginning March 11, 2025. Plaintiffs claim Pentair failed to disclose undisclosed channel-loading practices with distributors designed to artificially inflate short-term financial metrics, particularly within its core Pool segment.

DNOW Faces Securities Suit Over MRC Global ERP Failures Before Merger

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DNOW Faces Securities Suit Over MRC Global ERP Failures Before Merger

San Francisco – September 10, 2026 -- DNOW Inc. (NYSE: DNOW) shares plunged 19% in a single session after the company disclosed that persistent ERP failures at newly acquired MRC Global Inc. had crushed revenues, triggering a securities class action lawsuit filed by Hagens Berman.

The suit centers on proxy materials tied to DNOW's merger with MRC Global, alleging management misrepresented the readiness of MRC's enterprise resource planning system ahead of a shareholder vote.

Shareholders who held stock as of August 5, 2025 form the proposed class

The defined investor class covers DNOW common stockholders as of the August 5, 2025 record date, who were entitled to vote at the company's September 9, 2025 special meeting approving the MRC Global merger. The lead plaintiff deadline is set for October 2, 2026.

Pentair Faces Securities Fraud Suit Over Pool Inventory Destocking

Bensalem, Pa. – September 10, 2026 -- The Law Offices of Howard G. Smith has opened a lead plaintiff window until October 2, 2026, for investors who lost money on Pentair plc (NYSE: PNR) shares amid an active securities fraud class action lawsuit.

Complaint alleges Pentair concealed pool channel inventory destocking between March and July 2026

The class action covers investors who purchased Pentair securities between March 11, 2026 and July 14, 2026. The complaint alleges Defendants failed to disclose that significant destocking of inventory was occurring in the Pool channel during that period.

As a result, the lawsuit claims, the company's sales and operating income were adversely affected, rendering the company's positive statements about its business, operations, and prospects materially misleading or lacking a reasonable basis.

Lyon Biennale Opens Trade Days Sept 17 Ahead of 120-Artist Show

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Lyon Biennale Opens Trade Days Sept 17 Ahead of 120-Artist Show

Paris – – September 10, 2026 -- The 18th Lyon Contemporary Art Biennale will open two professional accreditation days on September 17-18, 2026, granting industry access to 11 exhibition venues before the show opens to the public on September 19 and runs through December 13, 2026.

Professional accreditation grants early access to 120 artists' work across Lyon

Accreditation is mandatory and nominative for the September 17-18 professional days, with requests accepted through September 16, 2026. Accredited visitors gain access to the exhibition spaces during the trade days, the vernissage at Les Grandes Locos on September 18, and all venues during the first two public days, September 19-20. The professional program includes international meetings, networking sessions and artist dialogues, primarily staged at Les Grandes Locos.

Wise Group Investors Face Sept. 29 Deadline in Securities Fraud Suit

Bensalem, Pa. – September 10, 2026 -- Investors who lost money on Wise Group plc (WSE) shares have until September 29, 2026 to seek lead plaintiff status in a securities fraud class action lawsuit, the Law Offices of Howard G. Smith announced.

Lawsuit alleges Wise understated anti-money laundering risks ahead of Nasdaq debut

The complaint covers the class period between May 11, 2026 and July 23, 2026. It alleges that Wise Group and its executives made materially false or misleading statements about the company's business, operations and prospects, and failed to disclose material adverse facts to investors.

Specifically, the suit claims that to secure a successful Nasdaq debut, defendants materially understated regulatory risks tied to deficient anti-money laundering controls and insufficient measures to prevent terrorism financing.

Frost & Sullivan Names Janesh Janardhanan Head of Subscriptions

San Antonio – September 10, 2026 -- Frost & Sullivan has appointed Janesh Janardhanan as Global Partner and Head of its Subscriptions business, giving him P&L leadership over the firm's analytics operations, subscriptions platform, and Growth Generator data platform.

Janardhanan takes P&L control of Frost & Sullivan's recurring-revenue subscription portfolio

The appointment covers three commercial units: the company's analytics business, its subscriptions platform, and the Growth Generator data platform. These offerings provide clients with continuous access to intelligence, growth opportunity analytics, and decision-support tools on a recurring-revenue basis.

Papa John's Hit With Securities Class Action Over Turnaround Claims

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Papa John's Hit With Securities Class Action Over Turnaround Claims

New York – September 10, 2026 -- Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Papa John's International, Inc. (NASDAQ: PZZA) and certain company officers, alleging violations of federal securities laws.

Lawsuit covers investors who bought PZZA shares over a one-year window

The class period spans August 7, 2025 to August 5, 2026. The complaint targets all persons and entities that purchased or otherwise acquired Papa John's securities during that stretch.

CSG Reports 700 TWh Bay Area Demand, Expands Asia-Pacific Grid Links

Shenzhen – September 10, 2026 -- China Southern Power Grid Co., Ltd. (CSG) disclosed that electricity consumption across the Greater Bay Area has exceeded 700 TWh annually, a volume the company says surpasses that of the world's other major bay areas. The figures were presented by Chairman and Party Secretary Qian Chaoyang at the Asia-Pacific Media Forum, which opened in Shenzhen on September 5 and drew more than 400 representatives from over 40 countries and regions.

Grid reliability holds at world-class levels despite rising demand

CSG reported average annual outage time per customer at under 30 minutes across the Greater Bay Area, with power supply reliability maintained at what the company calls a world-class benchmark.