{"success":true,"data":{"pressRelease":{"id":"3319","rtpr_id":"nACSWycv9a","ticker":"ARDT","exchange":"NYSE","all_tickers":["ARDT","BBWI","FRMI","VRNS"],"title":"Lifshitz Law PLLC Announces Investigations of Bath and Body Works, Inc. (NYSE: BBWI), Ardent Health, Inc. (NYSE: ARDT), Varonis Systems, Inc. (NASDAQ: VRNS), and Fermi Inc. (NASDAQ: FRMI)","author":"ACCESSWIRE","published_at":"2026-04-21T16:33:00.402Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / April\n21, 2026 / Lifshitz Law Firm\n\nBath and Body Works, Inc. (NYSE:BBWI)\n\nLifshitz Law PLLC (https://pr.report/UTMC7BaH) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made false and/or misleading\nstatements and/or failed to disclose that: (i) the Company's strategy of\npursuing \"adjacencies, collaborations and promotions\" was not growing the\ncustomer base and/or delivering the level of growth in net sales touted; (ii)\nas the Company's strategy of \"adjacencies, collaborations and promotions\"\nfaltered, the Company relied on brand collaborations \"to carry quarters\" and\nobfuscate otherwise weak underlying financial results; (iii) as a result, the\nCompany was unlikely to meet its own previously issued financial guidance; and\n(iv) that, as a result of the foregoing, the Company's positive statements\nabout Bath and Body Works's business, operations, and prospects were\nmaterially misleading and/or lacked a reasonable basis.\n\nIf you are a BBWI investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/eM9uR3K5) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nArdent Health, Inc. (NYSE:ARDT)\n\nLifshitz Law PLLC (https://pr.report/ZmAGf4gy) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made materially false and/or\nmisleading statements and/or failed to disclose that: (i) Ardent Health's\nthird quarter 2025 revenue was overstated due to inadequate determinations of\naccounts receivable collectability following the Company's transition to a new\nrevenue accounting system and \"recently completed hindsight evaluations of\nhistorical collection trends\"; (ii) the Company's 2025 EBITDA guidance was\noverstated and would be reduced by $57.5 million at the midpoint, or\napproximately 9.6%, due to \"persistent industry-wide cost pressures,\"\nincluding \"payer denials\"; and (iii) as a result, the Company's statements\nabout Ardent Health's business, operations, and prospects were materially\nfalse and misleading and/or lacked a reasonable basis at all relevant times.\n\nIf you are an ARDT investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/9meo2FZn) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nVaronis Systems, Inc. (NASDAQ:VRNS)\n\nLifshitz Law PLLC (https://pr.report/kQ3belhL) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made materially false and/or\nmisleading statements and/or failed to disclose that: (i) the Company provided\noverwhelmingly positive statements to investors while, at the same time,\ndisseminating materially false and misleading statements and/or concealing\nmaterial adverse facts concerning the true state of Varonis's ability to\nconvert its existing customer base; (ii) notably, that it was not truly\nequipped to convince existing users of the benefits of converting to the SaaS\noffering or otherwise maintain those customers on its platform, resulting in\nsignificantly reduced ARR growth potential in the near-term; and (iii) such\nstatements absent these material facts caused shareholders to purchase\nVaronis's securities at artificially inflated prices.\n\nIf you are a VRNS investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/qCWXQoGf) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nFermi Inc. (NASDAQ:FRMI)\n\nLifshitz Law PLLC (https://pr.report/UYyV-38n) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made false and/or misleading\nstatements and/or failed to disclose that: (i) the Company overstated its\ntenant demand for its Project Matador campus; (ii) the extent to which Project\nMatador would rely on a single tenant's funding commitment to finance the\nconstruction of Project Matador; (iii) there was a significant risk that that\ntenant would terminate its funding commitment; and (iv) as a result of the\nforegoing, the Company's positive statements about the Company's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nIf you are an FRMI investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/0RUMBFXQ) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nATTORNEY ADVERTISING.© 2026 Lifshitz Law PLLC. The law firm responsible for\nthis advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York\n11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a\nsimilar outcome with respect to any future matter.\n\nContact:\n\nJoshua M. Lifshitz, Esq.\nLifshitz Law PLLC\nPhone: 516-493-9780\nFacsimile: 516-280-7376\nEmail: info@lifshitzlaw.com\n\nSOURCE: Lifshitz Law Firm\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/lifshitz-law-pllc-announces-investigations-of-bath-and-body-work-1158983)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSWycv9a","title":"Lifshitz Law PLLC Announces Investigations of Bath and Body Works, Inc. (NYSE: BBWI), Ardent Health, Inc. (NYSE: ARDT), Varonis Systems, Inc. (NASDAQ: VRNS), and Fermi Inc. (NASDAQ: FRMI)","author":"ACCESSWIRE","ticker":"ARDT","created":"2026-04-21T16:33:00.402Z","tickers":["ARDT","BBWI","FRMI","VRNS"],"exchange":"NYSE","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / April\n21, 2026 / Lifshitz Law Firm\n\nBath and Body Works, Inc. (NYSE:BBWI)\n\nLifshitz Law PLLC (https://pr.report/UTMC7BaH) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made false and/or misleading\nstatements and/or failed to disclose that: (i) the Company's strategy of\npursuing \"adjacencies, collaborations and promotions\" was not growing the\ncustomer base and/or delivering the level of growth in net sales touted; (ii)\nas the Company's strategy of \"adjacencies, collaborations and promotions\"\nfaltered, the Company relied on brand collaborations \"to carry quarters\" and\nobfuscate otherwise weak underlying financial results; (iii) as a result, the\nCompany was unlikely to meet its own previously issued financial guidance; and\n(iv) that, as a result of the foregoing, the Company's positive statements\nabout Bath and Body Works's business, operations, and prospects were\nmaterially misleading and/or lacked a reasonable basis.\n\nIf you are a BBWI investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/eM9uR3K5) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nArdent Health, Inc. (NYSE:ARDT)\n\nLifshitz Law PLLC (https://pr.report/ZmAGf4gy) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made materially false and/or\nmisleading statements and/or failed to disclose that: (i) Ardent Health's\nthird quarter 2025 revenue was overstated due to inadequate determinations of\naccounts receivable collectability following the Company's transition to a new\nrevenue accounting system and \"recently completed hindsight evaluations of\nhistorical collection trends\"; (ii) the Company's 2025 EBITDA guidance was\noverstated and would be reduced by $57.5 million at the midpoint, or\napproximately 9.6%, due to \"persistent industry-wide cost pressures,\"\nincluding \"payer denials\"; and (iii) as a result, the Company's statements\nabout Ardent Health's business, operations, and prospects were materially\nfalse and misleading and/or lacked a reasonable basis at all relevant times.\n\nIf you are an ARDT investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/9meo2FZn) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nVaronis Systems, Inc. (NASDAQ:VRNS)\n\nLifshitz Law PLLC (https://pr.report/kQ3belhL) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made materially false and/or\nmisleading statements and/or failed to disclose that: (i) the Company provided\noverwhelmingly positive statements to investors while, at the same time,\ndisseminating materially false and misleading statements and/or concealing\nmaterial adverse facts concerning the true state of Varonis's ability to\nconvert its existing customer base; (ii) notably, that it was not truly\nequipped to convince existing users of the benefits of converting to the SaaS\noffering or otherwise maintain those customers on its platform, resulting in\nsignificantly reduced ARR growth potential in the near-term; and (iii) such\nstatements absent these material facts caused shareholders to purchase\nVaronis's securities at artificially inflated prices.\n\nIf you are a VRNS investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/qCWXQoGf) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nFermi Inc. (NASDAQ:FRMI)\n\nLifshitz Law PLLC (https://pr.report/UYyV-38n) announces investigation into\npossible securities laws violations and/or breaches of fiduciary duties in\nconnection with allegations that the Company made false and/or misleading\nstatements and/or failed to disclose that: (i) the Company overstated its\ntenant demand for its Project Matador campus; (ii) the extent to which Project\nMatador would rely on a single tenant's funding commitment to finance the\nconstruction of Project Matador; (iii) there was a significant risk that that\ntenant would terminate its funding commitment; and (iv) as a result of the\nforegoing, the Company's positive statements about the Company's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nIf you are an FRMI investor, and would like additional information about our\ninvestigation, please complete the Information Request Form\n(https://pr.report/0RUMBFXQ) or contact Joshua Lifshitz, Esq.\n(mailto:jlifshitz@lifshitzlaw.com) by telephone at (516)493-9780 or e-mail at\ninfo@lifshitzlaw.com.\n\nATTORNEY ADVERTISING.© 2026 Lifshitz Law PLLC. The law firm responsible for\nthis advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York\n11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a\nsimilar outcome with respect to any future matter.\n\nContact:\n\nJoshua M. Lifshitz, Esq.\nLifshitz Law PLLC\nPhone: 516-493-9780\nFacsimile: 516-280-7376\nEmail: info@lifshitzlaw.com\n\nSOURCE: Lifshitz Law Firm\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/lifshitz-law-pllc-announces-investigations-of-bath-and-body-work-1158983)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-04-21T16:33:00.456314242Z","server_sent_at_ms":1776789180456},"received_at":"2026-04-21T16:33:00.513Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/lifshitz-law-pllc-announces-investigations-of-bath-and-body-work-1158983"},"analysis":{"id":"2216","press_release_id":"3319","analysis_json":{"industry":{"label":"Health Care Equipment & Services","sector":"Health Care"},"redFlags":["investigation for alleged securities law violations","alleged Q3 2025 revenue overstatement","alleged 9.6% reduction to 2025 EBITDA guidance"],"eventType":"legal_litigation","narrative":"Lifshitz Law PLLC announced an investigation into Ardent Health regarding possible securities laws violations and misleading statements.\n\nThe investigation alleges that third-quarter 2025 revenue was overstated due to inadequate determinations of accounts receivable collectability following a transition to a new revenue accounting system.\n\nAdditionally, the firm claims that 2025 EBITDA guidance was inflated and will be reduced by $57.5 million at the midpoint, or approximately 9.6%, citing persistent industry-wide cost pressures and payer denials.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Law firm alleges nearly 10% EBITDA guidance cut and accounting issues at Ardent Health."},"keyFigures":{"customDimensions":{"guidance_cut_percent":"9.6%","guidance_cut_midpoint_usd":57500000}},"quotedText":"the Company's 2025 EBITDA guidance was overstated and would be reduced by $57.5 million at the midpoint, or approximately 9.6%, due to \"persistent industry-wide cost pressures,\" including \"payer denials\"","namedEntities":{"people":[{"name":"Joshua Lifshitz","role":"Attorney"}],"products":[],"companies":[{"name":"Lifshitz Law PLLC","relationship":"investigator"},{"name":"Ardent Health, Inc.","ticker":"ARDT"}],"dollarAmounts":[{"amount":"$57.5 million","context":"reduction to 2025 EBITDA guidance at midpoint"}]},"materialImpact":{"score":4,"reasoning":"Allegations of a significant 9.6% reduction to 2025 EBITDA guidance ($57.5M) and revenue overstatements due to accounting issues constitute material financial and legal risks."},"tickerRelevance":{"others":[{"ticker":"BBWI","relevance":"mentioned"},{"ticker":"VRNS","relevance":"mentioned"},{"ticker":"FRMI","relevance":"mentioned"}],"primary":"ARDT"},"eventTypeSecondary":["regulatory"]},"event_type":"legal_litigation","event_type_secondary":["regulatory"],"sentiment":"bearish","material_impact_score":4,"narrative":"Lifshitz Law PLLC announced an investigation into Ardent Health regarding possible securities laws violations and misleading statements.\n\nThe investigation alleges that third-quarter 2025 revenue was overstated due to inadequate determinations of accounts receivable collectability following a transition to a new revenue accounting system.\n\nAdditionally, the firm claims that 2025 EBITDA guidance was inflated and will be reduced by $57.5 million at the midpoint, or approximately 9.6%, citing persistent industry-wide cost pressures and payer denials.","key_figures":{"customDimensions":{"guidance_cut_percent":"9.6%","guidance_cut_midpoint_usd":57500000}},"named_entities":{"people":[{"name":"Joshua Lifshitz","role":"Attorney"}],"products":[],"companies":[{"name":"Lifshitz Law PLLC","relationship":"investigator"},{"name":"Ardent Health, Inc.","ticker":"ARDT"}],"dollarAmounts":[{"amount":"$57.5 million","context":"reduction to 2025 EBITDA guidance at midpoint"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-21T22:22:16.035Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:53.635Z"}},"durationMs":44350,"modelName":"glm-4.7"}}