Investigation into Simulations Plus, Inc. Securities by Johnson Fistel, PLLP

Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Simulations Plus, Inc. (NASDAQ: SLP) regarding possible violations of federal securities laws. The company, which serves the pharmaceutical, biotechnology, and chemical industries, acquired Pro-ficiency Holdings, Inc. in June 2024, promoting the integration as a key driver of growth. However, on June 11, 2025, Simulations Plus announced disappointing preliminary 3Q 2025 results, citing "market uncertainties" as headwinds. The company's stock fell over 24% after the announcement, and subsequent disclosures of issues with internal controls and segment reporting led to further declines.

Key Takeaways:

  • Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Simulations Plus, Inc. (NASDAQ: SLP) regarding possible violations of federal securities laws.
  • Simulations Plus acquired Pro-ficiency Holdings, Inc. in June 2024, promoting the integration as a key driver of growth.
  • The company's stock fell over 24% after announcing disappointing preliminary 3Q 2025 results on June 11, 2025.
  • Simulations Plus acknowledged unresolved issues with segment reporting and internal controls, and subsequently dismissed its auditor, Grant Thornton LLP.
  • The company's stock fell nearly 26% after disclosing the $77.2 million charge related to prior acquisitions on July 14, 2025.
  • Johnson Fistel, PLLP represents individual and institutional investors in shareholder derivative and securities class action lawsuits.
  • The firm has recovered approximately $90,725,000 for aggrieved clients in cases where they served as lead or co-lead counsel.

Statistics:

  • Simulations Plus' stock fell over 24% on June 11, 2025, from $26.44 to $20.05 per share.
  • The company's stock fell nearly 26% on July 14, 2025, from $17.47 to $12.97 per share.
  • The firm has recovered approximately $90,725,000 for aggrieved clients in cases where they served as lead or co-lead counsel.
  • Johnson Fistel, PLLP has been recognized as a top plaintiffs' securities law firm in the United States eight times.

Sources:

  • Johnson Fistel, PLLP press release, dated September 03, 2025.
  • Simulations Plus, Inc. press release, dated June 11, 2025.
  • Simulations Plus, Inc. press release, dated July 14, 2025.
  • ISS Securities Class Action Services report, dated 2024.
  • Johnson Fistel, PLLP website, accessed September 03, 2025.