INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Horizon Technology Finance Corporation - HRZN
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Horizon Technology Finance Corporation - HRZN |
| [17-March-2025] |
NEW YORK, March 17, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Horizon Technology Finance Corporation ("Horizon" or the "Company") (NASDAQ: HRZN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Horizon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 4, 2025, Horizon issued a press release announcing its financial and operating results for the fourth quarter and full year ended December 31, 2024. Among other items, Horizon reported total investment income of $23.5 million, missing the consensus estimate of $26.1 million and declining both year-over-year and from the previous quarter. Horizon also reported net asset value of $8.43 per share, compared to $9.06 per share in the previous quarter, a decline that the Company's Chief Executive Officer attributed to "stressed investments". On this news, Horizon's stock price fell $0.96 per share, or 9.95%, to close at $8.65 per share on March 5, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:
SOURCE Pomerantz LLP | ||
Company Codes: NASDAQ-NMS:HRZN |
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