Bleichmar Fonti & Auld LLP Investigates Simulations Plus Securities Laws Violations

• Simulations Plus under investigation for potential securities law violations. • Company acquired Pro-ficiency Holdings in June 2024. • Acquisition touted to double total addressable market and boost sales. • Investigation focuses on claims made during the acquisition.

Simulations Plus, Inc. (NASDAQ: SLP), a software company specializing in modeling and simulation tools for the pharmaceutical, biotechnology, and chemical industries, is currently under investigation by leading securities law firm Bleichmar Fonti & Auld LLP for potential violations of federal securities laws [1]. The investigation stems from allegations that Simulations Plus made materially misleading statements regarding its acquisition of Pro-ficiency Holdings, Inc. in June 2024.

During the relevant period, Simulations Plus represented that the acquisition would double its total addressable market and significantly contribute to sales. However, the company struggled to successfully integrate Pro-ficiency and lacked effective internal controls, as revealed by subsequent events [1]. On April 15, 2025, Simulations Plus hired Grant Thornton LLP as its new auditor, but less than two months later, on June 11, 2025, the company announced disappointing preliminary financial results for the third quarter of 2025. The stock price fell by more than 24% on this news [1].

On July 14, 2025, Simulations Plus reported a $77.2 million charge related to prior acquisitions, and the following day, it dismissed Grant Thornton. The auditor disagreed with the company's characterizations and found issues with segment reporting and internal controls over financial reporting [1]. This revelation led to a further decline in the stock price, dropping nearly 26% [1].

Investors who purchased Simulations Plus securities during this period may be entitled to compensation. Rosen Law Firm, another prominent investor rights law firm, has encouraged shareholders to inquire about a potential securities class action investigation [2]. The Rosen Law Firm has a proven track record of recovering millions of dollars for investors in similar cases [2].

Investors are advised to consult with qualified legal counsel to understand their rights and potential recourse. Bleichmar Fonti & Auld LLP and Rosen Law Firm are both well-known firms with extensive experience in securities class actions and shareholder litigation [1, 2].

References:
[1] https://www.globenewswire.com/news-release/2025/08/19/3135709/0/en/SLP-SECURITIES-Simulations-Plus-Inc-Shareholders-that-Lost-Money-may-have-been-Affected-by-Fraud-Contact-BFA-Law-NASDAQ-SLP.html
[2] https://www.morningstar.com/news/pr-newswire/20250818dc53882/rosen-law-firm-encourages-simulations-plus-inc-investors-to-inquire-about-securities-class-action-investigation-slp