Linkers Industries named in New York securities class actions tied to IPOs
Reuters2026/08/24 21:00- Linkers Industries named in three New York state securities class actions tied to investor losses from IPOs.
- Claims cite alleged coordinated market manipulation across nano-cap and micro-cap issuers; suits seek damages, rescission, costs, injunctive relief.
- Complaints do not allege specific wrongdoing by Linkers.
- Company not served in the March 24 Johnson suit or April 13 Briones suit.
- Morales plaintiffs purportedly served the company; Linkers plans to seek dismissal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VIX soars to 18, options volume doubles: traders bet "AI risks are scarier than Fed rate hikes"
US equities options traders believe that debates over the pace of AI development pose a greater disruptive risk than Federal Reserve rate hikes. The volume of VIX options has doubled, with funds aggressively hedging against the risk of sharp fluctuations in technology stocks.

GLJ gives GE Vernova (GEV.US) a "Sell" rating: $470 target price is the lowest on Wall Street, bluntly stating that "cyclical industrial stocks are being priced like software stocks"
GLJ Research has given GE Vernova a "sell" rating and set the lowest target price on Wall Street at $470, stating that the company is "a cyclical gas turbine manufacturer priced like a long-term compound growth stock."

Data: US XRP spot ETF saw a net inflow of 11.255 million USD in a single day
Delta Thailand returns to FTSE4Good ESG index for eighth time