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Lifshitz Law PLLC Announces Investigations of Navan, Inc. (NASDAQ:NAVN), Lakeland Industries, Inc. (NASDAQ:LAKE), Franklin BSP Realty Trust, Inc. (NYSE:FBRT), and Snowflake Inc. (NYSE:SNOW)

accessnewswire.com
NAVN Lifshitz Law PLLC is announcing an investigation into the company, which may indicate potential issues or concerns being raised by investors or regulatory bodies. LAKE Lifshitz Law PLLC is announcing an investigation into the company, which may indicate potential issues or concerns being raised by investors or regulatory bodies. FBRT Lifshitz Law PLLC is announcing an investigation into the company, which may indicate potential issues or concerns being raised by investors or regulatory bodies. SNOW Lifshitz Law PLLC is announcing an investigation into the company, which may indicate potential issues or concerns being raised by investors or regulatory bodies.

NEW YORK CITY, NY / ACCESS Newswire / May 27, 2026 / Lifshitz Law Firm

Navan, Inc. (NASDAQ:NAVN)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) at the time of the IPO, Navan had already increased its sales and marketing expenses to approximately $95 million for the quarter ending Oct. 31, 2025-a 39% increase over the prior quarter ($68.5 million); (ii) this surge in spending was necessary to sustain the revenue and Gross Booking Volume growth touted in the IPO documents; (iii) on December 15, 2025, just six weeks post-IPO, Navan revealed the sudden departure of its Chief Financial Officer ("CFO"), Amy Butte; and (iv) on the news of the expense spike and CFO exit, Navan's stock fell nearly 12% in a single day.

If you are an NAVN investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Lakeland Industries, Inc. (NASDAQ:LAKE)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) Lakeland was experiencing significant, sustained issues with its Pacific Helmets and Jolly businesses, including, inter alia, shipping-related delays, production issues, and slower than expected rollout of new products; (ii) accordingly, the Company overstated the anticipated and actual positive impact of these businesses on Lakeland's financial results, as well as the overall strength and quality of Pacific Helmets' and Jolly's respective operations; (iii) Lakeland's business and financial results were significantly deteriorating because of, inter alia, tariff-related headwinds and timing, certification delays, and material flow issues in its acquired businesses; (iv) accordingly, the Company overstated the strength of its tariff mitigation measures and SSQ M&A strategy; (v) as a result of the foregoing, the Company's financial guidance was unreliable; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you are an LAKE investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Franklin BSP Realty Trust, Inc. (NYSE:FBRT)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) the Company recklessly overstated Franklin BSP Realty Trust's prospects; (ii) the Company recklessly overstated Franklin BSP Realty Trust's ability to maintain the $0.355 dividend; and (iii) as a result, the Company's statements about Franklin BSP Realty Trust's business, operations, and prospects were materially false and/or lacked a reasonable basis at all relevant times.

If you are an FBRT investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Snowflake Inc. (NYSE:SNOW)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) product efficiency gains, Iceberg Tables, and tiered storage pricing were expected to have a material negative impact on consumption and revenues; and (ii) the Company's positive statements about consumption patterns, revenues, and demand for Snowflake products lacked a reasonable basis.

If you are an SNOW investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

ATTORNEY ADVERTISING.© 2026 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.

Lifshitz Law PLLC

Phone: 516-493-9780

Facsimile: 516-280-7376

Email: [email protected]

SOURCE: Lifshitz Law Firm