NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against Flowserve Corporation FLSBRP Group, Inc. BRPfedex corp FDXand F45 Training Holdings, Inc. FXLV. Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided.

Flowserve Corporation FLS

On September 13, 2022, Flowserve announced disruptions related to the implementation of new technology to manage operations and one-time expenses, advising investors that the developments pushed third-quarter earnings per share up $0.18 to $0.22 will reduce.

As a result of this news, Flowserve’s stock price fell $2.36 per share, or 7.66%, to close at $28.43 per share on September 14, 2022.

For more information on the Flowserve investigation, visit: https://bespc.com/cases/FLS

BRP Group, Inc. BRP

BRP is the subject of a report published on September 13, 2022 by NINGI Research. The report alleges that “BRP manipulated its organic growth rate to exceed analysts’ estimates” and “the company misled investors by presenting inorganic revenue as organic in a self-proclaimed separate arrangement with an affiliate.” NINGI also alleges that “in 2020, BRP’s proprietary ‘MGA of the Future’ technology was misappropriated by an employee and transferred to a competitor, as BRP alleges in a lawsuit,” however, “the company allegedly alleges the misappropriation first noted in May 2021, but to date has not disclosed the intellectual property theft to investors, despite a lawsuit arguing that the theft has caused and will cause severe damage to BRP’s revenues and market share.

As a result of this news, BRP stock fell $0.42 per share, or 1.35%, to close at $30.77 per share on September 14, 2022.

For more information on the BRP investigation, visit: https://bespc.com/cases/BRP

fedex corp FDX

FedEx has released its preliminary results for…