Block & Leviton is investigating NVE Corporation for potential securities law violations, alleging that the company or its executives misled investors about financial performance and business outlook. NVE reported a dramatic 47% revenue decline in Q2 fiscal 2027, with stock falling 30.6% on October 22, 2026. The firm is seeking to recover losses for affected investors.
NVEC
NVE Corp · NASDAQ
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News ›NVE reported first-half fiscal 2027 revenue of $16.9 million, up 36% year-over-year, driven by strong commercial demand and 67% growth in distributor sales. The company launched new gear sensors for robotics and factory automation applications. Near-term headwinds in medical and defense segments are expected to be temporary, with management projecting second-half revenue to match first-half levels.
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