Class Action Lawsuits Filed Against Multiple Companies

Bronstein, Gewirtz & Grossman, LLC has announced multiple class action lawsuits against several companies including Paragon 28, AMMO, New Fortress Energy, and iLearningEngines, citing alleged violations of federal securities laws. Paragon 28 is accused of misstating financial statements and lacking adequate internal controls, impacting investors from May 5, 2023, to September 20, 2024. AMMO is also facing claims of misleading investors regarding internal controls and financial reporting from August 19, 2020, to September 24, 2024. New Fortress is alleged to have misrepresented its projected revenue and failed to meet operational goals related to its FLNG projects, with the class period running from December 2, 2022, to August 8, 2024. Lastly, iLearningEngines is accused of overstating revenue through deceptive practices involving an undisclosed related party between April 22, 2024, and August 28, 2024. Investors are encouraged to join these lawsuits and have specific deadlines to request lead plaintiff status, with no upfront costs involved in representation.