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StocksUpdated•Originally published 21 April 2026•Updated 21 April 2026•

1 min read

Class Action Lawsuits Filed Against NASDAQ-Listed Firms Over Securities Law Violations

FDA and Novo Nordisk logos above a laboratory scene with computer monitors, chemical structures, medicine bottles, and pills.

Key Facts

1Pomerantz Law Firm filed a class action against Lakeland Industries (LAKE) for alleged federal securities law violations.

2A lawsuit was filed against Gemini Space Station (GEMI) regarding IPO offering documents from September 2025.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Added Driven Brands (DRVN) to the litigation list and updated lead plaintiff deadlines and specific operational allegations for Lakeland Industries (LAKE).

Law firms have announced new developments in class action lawsuits against several NASDAQ-listed companies, setting April 24, 2026, as the lead plaintiff deadline for Lakeland Industries (LAKE). The litigation against LAKE alleges the company overstated the positive impact of its Pacific Helmets and Jolly business units while concealing significant operational issues. Additionally, Driven Brands Holdings Inc. (DRVN) has been added to the list of firms facing legal action, with Bragar Eagel & Squire urging investors to contact them before the May 8 deadline. These actions complement ongoing proceedings against Upstart Holdings (UPST), Atara Biotherapeutics (ATRA), and Gemini Space Station (GEMI) for alleged violations of the Securities Exchange Act of 1934. The filings seek to recover damages for investors affected by misleading statements and subsequent share price declines. These legal challenges are expected to maintain bearish pressure and increase volatility for the impacted securities.