Simulations Plus, Inc. (NASDAQ: SLP)

This investigation is for anyone who acquired securities in Simulations Plus, Inc. (NASDAQ: SLP) prior to July 14, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely disclose margin erosion, a drop in renewal rates, and a slowdown in both services and software segments.  The Company also failed to timely disclose impairment to its previous acquisitions.

On July 14, 2025, after market hours, Simulations Plus released its third quarter 2025 financial results and disclosed that it was cutting its previous guidance by approximately $14 million at the midpoint due in part to margin erosion, a drop in renewal rates, and a slowdown in both services and software segments. The Company also announced a $77 million impairment to previous acquisitions to “align the book value of [its] assets to their current market value.” The following day, the Company disclosed that it had terminated its auditor shortly after taking the impairment. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Simulations Plus, Inc. (NASDAQ: SLP) prior to July 14, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.