Securities Class-Action Lawsuits
Bernstein Liebhard Files Securities Class-Action Lawsuits Against Five Major Companies
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Key Points
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The notices say Bernstein Liebhard represents investors on a contingency-fee basis, with shareholders paying no fees or expenses.
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Investors who do not seek lead-plaintiff status may remain absent class members; the notices also state that eligibility to share in a recovery does not depend on serving as lead plaintiff.
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Bernstein Liebhard encouraged investors to contact Investor Relations Manager Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com for information about the actions.
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The notices identify the securities at issue by exchange and ticker: FuelCell (NASDAQ: FCEL), Lincoln (NASDAQ: LINC), Doximity (NYSE: DOCS), GoDaddy (NYSE: GDDY) and AppLovin (NASDAQ: APP).
Bernstein Liebhard LLP filed securities class-action lawsuits against five companies on behalf of defrauded investors. The suits target Bernstein Liebhard FuelCell Energy, Lincoln Educational Services, Doximity, GoDaddy, and AppLovin, alleging each company made false or misleading statements about operations and financial health that artificially inflated stock prices before collapse.
Each lawsuit covers a specific purchase window ranging from May 2024 to August 2026. Bernstein Liebhard handles cases on a contingency-fee basis, meaning investors pay nothing upfront. The firm is recruiting lead plaintiffs from eligible shareholders who purchased shares during the alleged fraud periods.
Five Companies Face Fraud Allegations
FuelCell Energy investors who bought shares between June 24 and September 1, 2026, are part of the lawsuit. Lincoln Educational Services covers May 11–August 9, 2026 purchases. Doximity's suit spans August 8, 2024–May 13, 2026. GoDaddy investors from September 3, 2025–February 24, 2026 join the action. AppLovin rounds out the cases with February 12–August 5, 2026 purchases, according to Bernstein Liebhard.
All five suits allege the same core wrongdoing: materially false statements about company growth prospects and financial stability. Bernstein Liebhard claims each company hid material facts, causing stock prices to fall once the truth surfaced and investors suffered losses.
How Investors Can Join or Lead the Cases
Shareholders do not need to serve as lead plaintiff to share recovery proceeds. Bernstein Liebhard explained that eligible investors can remain "absent class members" and still collect damages if the cases succeed. Lead plaintiff status is optional for those who wish to play a more active role.
The firm works entirely on contingency. No investor pays legal fees or costs upfront. Bernstein Liebhard handles Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com as the point of contact for investors seeking information or wishing to participate in any of the five actions.
Stock Tickers and Exchange Information
FuelCell Energy trades as NASDAQ: FCEL. Lincoln Educational Services is NASDAQ: LINC. Doximity is listed on the NYSE under ticker DOCS. GoDaddy trades as NYSE: GDDY, and AppLovin is NASDAQ: APP, according to Bernstein Liebhard's notices to shareholders.
All allegations remain unproven at this stage. Courts have not yet established that the companies made false statements or that investors suffered damages. The lawsuits are in early phases, and the outcome remains uncertain pending litigation.
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