Law firm highlights class actions against four companies, with Sept. 28-29 deadlines

  • The Law Offices of Frank R. Cruz announced shareholder class actions involving four publicly traded companies.
  • Lead plaintiff deadlines are September 28 for three cases and September 29 for Wise.
  • The complaints allege undisclosed risks involving cloud services, scandium sourcing, clinical data and compliance controls.

The Law Offices of Frank R. Cruz announced that class action lawsuits have been filed on behalf of shareholders of Rackspace Technology, Bloom Energy, Capricor Therapeutics and Wise Group. Investors have until September 28, 2026, for the Rackspace, Bloom Energy and Capricor matters, and until September 29, 2026, for the Wise case, to file motions seeking appointment as lead plaintiff. The allegations cover potentially misleading disclosures involving Rackspace’s cloud strategy and 2026 revenue, Bloom Energy’s sourcing of scandium through intermediaries from China, Capricor’s statistical analysis of Deramiocel clinical data and related regulatory risks, and Wise’s anti-money laundering and counter-terrorism-financing controls. The firm says investors do not need to take action to remain absent members of the classes and may retain counsel of their choice or take no action.

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