Pomerantz Law Firm Launches Investigation into Horizon Technology Finance Corporation Claims
In recent news from New York, Pomerantz LLP, a well-regarded law firm specializing in corporate and securities litigation, has begun investigating claims on behalf of investors in Horizon Technology Finance Corporation, traded under NASDAQ as HRZN. The investigation stems from significant concerns regarding potential securities fraud and other unlawful practices alleged against the company and certain individuals in its leadership.
The investigation was triggered by Horizon’s recent announcement of its fourth-quarter financial results for the year ending December 31, 2024. During the press release dated March 4, 2025, the company revealed a total investment income of $23.5 million. This figure was not only below the consensus estimate of $26.1 million but also reflected a decline both year-over-year and compared to the previous quarter. Furthermore, Horizon reported a net asset value (NAV) per share of $8.43, down from $9.06 in the preceding quarter. The decline was attributed by the Chief Executive Officer to “stressed investments,” raising alarms among shareholders.
Consequently, this unfortunate news prompted a sharp decline in Horizon’s stock price, which plummeted by $0.96, or approximately 9.95%, closing at $8.65 per share on March 5, 2025. This stock plunge has led many investors to seek legal counsel to understand their rights and explore the possibility of class action claims.
Pomerantz LLP, known for its commitment to fighting for the rights of investors, has a rich history that dates back over 85 years. Founded by Abraham L. Pomerantz, a pioneer in class action litigation, the firm has earned a reputation as one of the premier entities in the field of securities class actions. The firm aims to seek justice for victims of securities fraud and corporate misconduct, having recovered numerous multimillion-dollar settlements for its clients.
Investors who believe they have experienced losses related to Horizon Technology Finance Corporation are being encouraged to reach out to Pomerantz. Danielle Peyton is the point of contact at the firm for inquiries, available at 646-581-9980, extension 7980, or via email at dpayton@pomlaw.com. This outreach will offer affected investors an opportunity to join the ongoing investigation and potentially participate in a class action lawsuit.
As the investigation unfolds, stakeholders are urged to stay informed and consider their options. With significant shifts in the financial standing of publicly traded companies, the role of legal firms like Pomerantz becomes even more critical. Their efforts not only seek restitution for aggrieved investors but also promote accountability among corporations.
For more details on Horizon Technology Finance, investors can visit the company's financial disclosures. Furthermore, Pomerantz continues to be a leading advocate in the realm of corporate securities litigation, striving to ensure that the rights of investors are upheld. Anyone affected by the recent downturn in Horizon’s stock should not hesitate to reach out and ensure that they know their rights under the law.
In summary, Pomerantz LLP's initiation of an investigation into Horizon Technology Finance Corporation serves as a vital reminder of the significant legal protections available to investors facing potential losses due to corporate malfeasance. As the landscape for investors continues to shift, legal recourse remains an essential avenue for safeguarding financial interests.
The investigation was triggered by Horizon’s recent announcement of its fourth-quarter financial results for the year ending December 31, 2024. During the press release dated March 4, 2025, the company revealed a total investment income of $23.5 million. This figure was not only below the consensus estimate of $26.1 million but also reflected a decline both year-over-year and compared to the previous quarter. Furthermore, Horizon reported a net asset value (NAV) per share of $8.43, down from $9.06 in the preceding quarter. The decline was attributed by the Chief Executive Officer to “stressed investments,” raising alarms among shareholders.
Consequently, this unfortunate news prompted a sharp decline in Horizon’s stock price, which plummeted by $0.96, or approximately 9.95%, closing at $8.65 per share on March 5, 2025. This stock plunge has led many investors to seek legal counsel to understand their rights and explore the possibility of class action claims.
Pomerantz LLP, known for its commitment to fighting for the rights of investors, has a rich history that dates back over 85 years. Founded by Abraham L. Pomerantz, a pioneer in class action litigation, the firm has earned a reputation as one of the premier entities in the field of securities class actions. The firm aims to seek justice for victims of securities fraud and corporate misconduct, having recovered numerous multimillion-dollar settlements for its clients.
Investors who believe they have experienced losses related to Horizon Technology Finance Corporation are being encouraged to reach out to Pomerantz. Danielle Peyton is the point of contact at the firm for inquiries, available at 646-581-9980, extension 7980, or via email at dpayton@pomlaw.com. This outreach will offer affected investors an opportunity to join the ongoing investigation and potentially participate in a class action lawsuit.
As the investigation unfolds, stakeholders are urged to stay informed and consider their options. With significant shifts in the financial standing of publicly traded companies, the role of legal firms like Pomerantz becomes even more critical. Their efforts not only seek restitution for aggrieved investors but also promote accountability among corporations.
For more details on Horizon Technology Finance, investors can visit the company's financial disclosures. Furthermore, Pomerantz continues to be a leading advocate in the realm of corporate securities litigation, striving to ensure that the rights of investors are upheld. Anyone affected by the recent downturn in Horizon’s stock should not hesitate to reach out and ensure that they know their rights under the law.
In summary, Pomerantz LLP's initiation of an investigation into Horizon Technology Finance Corporation serves as a vital reminder of the significant legal protections available to investors facing potential losses due to corporate malfeasance. As the landscape for investors continues to shift, legal recourse remains an essential avenue for safeguarding financial interests.
Topics Financial Services & Investing）
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