Kaplan Fox Investigates Possible Securities Law Violations by Simulations Plus, Inc.
Kaplan Fox is currently in the process of examining possible securities law infractions concerning Simulations Plus, Inc. (“Simulations Plus” or the “Company”) (NASDAQ: SLP).
After the Audit Committee of the Company approved Grant Thornton LLP as its new auditor on April 15, 2025, the situation took a negative turn. Simulations Plus disclosed a non-cash impairment charge of $77.2 million in their third quarter 2025 financial results announcement on July 14, 2025. Surprisingly, the next day, the Audit Committee decided to dismiss Grant Thornton LLP as the independent public accounting firm, only a few months after their initial appointment.
This sequence of events led to a significant decrease in Simulation Plus stock prices by $4.50 per share, resulting in almost a 26% loss, reaching a low of $12.97 per share by the end of trading on July 15, 2025.
The experienced team at Kaplan Fox is actively exploring this matter to determine the extent of the potential securities violations against Simulations Plus. Kaplan Fox, a renowned national law firm, specializes in managing complex litigation and operates out of multiple locations across the United States, including New York, Oakland, Los Angeles, Chicago, and New Jersey. The firm boasts over five decades of experience in securities litigation, offering clients a high level of professional competence and an impressive track record in the field.
In the realm of securities law, Kaplan Fox has played a pivotal role in shaping legal history by securing key decisions on behalf of their clients through successful litigation efforts at both federal and state levels. If you are a Simulations Plus investor who has experienced financial losses due to recent events, do not hesitate to reach out to Kaplan Fox for further information.
For more information about Kaplan Fox & Kilsheimer LLP and their services, feel free to visit their official website at www.kaplanfox.com. By providing essential support and guidance to clients navigating securities-related challenges, Kaplan Fox aims to uphold the principles of justice and transparency in the legal domain.
Remember, contacting Kaplan Fox does not automatically establish an attorney-client relationship. Interested parties should refer to the contact information listed above to seek additional details on the ongoing investigation and potential legal avenues for resolution.