Robbins LLP is Investigating Allegations that the Officers and Directors of Simulations Plus, Inc. (SLP) Violated Securities Laws and Breached Fiduciary Duties to Shareholders
Shareholder rights law firm Robbins LLP is investigating Simulation Plus, Inc. (NASDAQ: SLP) to determine whether certain Simulation Plus officers and directors violated securities laws and breached fiduciary duties to shareholders. Simulation Plus is a software company serving the pharmaceutical, biotechnology, and chemical industries.
On June 11, 2025, Simulations Plus announced preliminary third-quarter fiscal 2025 revenue and updated its full-year fiscal 2025 revenue outlook, citing market uncertainties as headwinds. On this news, the Company’s stock fell over 24%, from $26.44 to $20.05 per share.
Then, on July 14, 2025, Simulations Plus reported disappointing third-quarter fiscal 2025 results, including a net loss of $67.3 million and a $77.2 million non-cash impairment charge. The following day, the Company disclosed that it had dismissed its auditor, Grant Thornton LLP. Simulations Plus stated that certain matters involving segment reporting, reporting-unit determinations, and internal control over financial reporting could not be finalized in time for its Form 10-Q. On this news, shares fell nearly 26%, from $17.47 to $12.97 per share.
What Now: If you lost money in your investment of Simulation Plus, Inc., contact Robbins LLP for more information about your rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.