What is the estimated timeline for the lawsuit to progress, and could any developments before the September 8 deadline trigger short-term price volatility?
Estimated timeline
The Gross Law Firm’s notice was issued 21 August 2025 and gives shareholders until 8 September 2025 to come forward as a potential lead plaintiff. In practice, the next procedural steps – a formal filing of the class‑action complaint, the appointment of a lead plaintiff, and the initial court‑pleading docket – normally occur within a few weeks after the deadline. Expect a “complaint filing” window in mid‑ to late‑September, followed by a scheduling order in early‑to‑mid October. The first substantive court motion (e.g., a motion for certification or a motion to dismiss) typically lands in the November‑December window, with a possible settlement‑or‑discovery push in Q1 2026.
Potential for short‑term volatility
Any material development before the 9 August deadline – such as the identification of a lead plaintiff, the public filing of the complaint, or an early settlement offer – can create a sharp, short‑run reaction. The market will treat the deadline as a “volatility catalyst”: a confirmed lead plaintiff or a filed suit often triggers a sell‑off in the stock (the current sentiment is −25), while news of a settlement or a favorable procedural win can spark a bounce. Traders should therefore monitor the 8 September date closely; a spike in volume or a 2‑3 % price move in either direction would be a typical response to the first concrete filing or a settlement‑related disclosure.
Actionable take‑away
Maintain a tight watch on news flow around the 8 September deadline. If the complaint is filed and a lead plaintiff is named, consider a short‑position or a protective put to capture the downside risk. Conversely, if the firm announces an early settlement or a motion to dismiss, a quick‑buy on any pull‑back could capture upside. In either scenario, keep stop‑losses tight (≈2 % of entry) because the event‑driven swing is likely to be brief and can be amplified by low‑float, high‑volatility trading patterns typical of litigation‑sensitive stocks.