
Investigation Alert: EdelsonâŊLechtzin LLP Launches Probe into SimulationsâŊPlus (NASDAQ: SLP)
âĒBy ADMIN
Related Stocks:SLP
National law firm Edelson Lechtzin LLP has announced it is investigating potential violations of federal securities laws by Simulations Plus, Inc. (NASDAQ: SLP), citing allegations that the company may have provided misleading business information to investors.
According to the firmâs release, SimulationsâŊPlus hired auditor Grant Thornton LLP on AprilâŊ15,âŊ2025, and after disclosing weak preliminary Q3 results in June, the stock dropped more than 24âŊ% to close at $20.05/share. On JulyâŊ14,âŊ2025, the company posted a $77.2âŊmillion charge related to past acquisitions and dismissed GrantâŊThornton despite the auditorâs concerns over unresolved reporting and internal control issues. Following the dismissal, the stock fell an additional 25.76âŊ% to $12.97/share.
Investors who suffered substantial losses or have information relevant to the investigation are urged to contact EdelsonâŊLechtzin via phone or email. The company provides services in class and collective litigation, including securities and investmentâfraud cases.
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