SAN DIEGO, June  01, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Simulations Plus, Inc. (NASDAQ:SLP) or certain of its executive officers violated federal securities laws. The investigation

Simulations Plus, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

Johnson Fistel Investigation into Simulations Plus raises securities risk for SLP

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SAN DIEGO, June  01, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Simulations Plus, Inc. (NASDAQ:SLP) or certain of its executive officers violated federal securities laws. The investigation</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Johnson Fistel is probing Simulations Plus for possible securities-law violations tied to prior governance and earnings disclosures. The development comes amid past 2025 headwinds, a large TAM expansion from the 2024 Pro-ficiency acquisition, and material quarterly losses, which have driven stock volatility. Investors should watch for any new facts or settlements that could affect SLP&#039;s fundamentals.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Johnson Fistel investigates Simulations Plus for possible securities violations.</li><li>June 2024 acquisition expanded TAM to $8B; 2025 headwinds cited.</li><li>Q3 2025: net loss $67.3M and $77.2M impairment; auditor dismissed.</li><li>Shares fell ~24–26% on 2025 updates and related news.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Simulations Plus, Inc. (SLP)</strong>: Subject of investigation; potential securities-class-action risk; price may react to developments.</li><li><strong>Johnson Fistel, PLLP (N/A)</strong>: Plaintiff law firm leading the investigation; promotional PR with potential market implications if facts emerge.</li><li><strong>Grant Thornton LLP (N/A)</strong>: Dismissed auditor; raises governance and internal-control concerns.</li><li><strong>Pro-ficiency Holdings, Inc. (N/A)</strong>: Acquired by SLP in 2024; TAM expansion to $8B; integration risk remains.</li></ul>
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  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. It centers on a securities-law investigation and potential class action, highlighting governance/regulatory risk and possible valuation impact if new facts emerge.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Investors may see near-term price volatility if the investigation yields new facts.</li><li>Historical 2025 updates triggered 24–26% declines in SLP.</li><li>Acquisition of Pro-ficiency Holdings expanded TAM to $8B, providing growth potential.</li><li>Auditor dismissal raises governance concerns that could affect credibility.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>June 2024: Pro-ficiency Holdings acquisition expands TAM to $8B.</li><li>June 11, 2025: Preliminary Q3 FY2025 revenue outlook cited headwinds.</li><li>July 14, 2025: Q3 FY2025 net loss $67.3M; $77.2M impairment.</li><li>July 15, 2025: Grant Thornton LLP dismissed as auditor; internal-control matters noted.</li><li>Stock fell ~24% on 6/11/2025 news; ~26% on 7/14/2025 results.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Trading thesis: Neutral to cautious near-term; await material updates over 1–3 quarters.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SAN DIEGO, June  01, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Simulations Plus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SLP">SLP</a>) or certain of its executive officers violated federal securities laws. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.</p>  <p><strong>What if I purchased Simulations Plus securities?</strong><br></br>If you incurred significant losses and want to determine if you are eligible to participate in the potential class action or to seek a recovery of your losses, follow the link provided: <br></br><a href="https://www.globenewswire.com/Tracker?data=_GTPKgsCmXLqzdCvylE_EgXNsu8MzV96M7YyNEESncSzLBIx-rJWkxkUgZaV7baUWDdk4kRvW_cH1a3Dy0tLBTpZcPTFaHj_vZSQ7Wm-XfQvqQYsMAWnx3XGaf41FTKFzioNDLgztrPL8CUXC14HOELzDQppMNFm6KXXkKY5VNbsTEhA1cY9Ehg6reupGdMJvRIR3NMKv7aWDttYW8WhGg==" rel="nofollow" target="_blank">https://www.johnsonfistel.com/investigations/simulations-plus-inc/</a></p>  <p>For more information, contact James Baker at (619) 814-4471, <a href="mailto:jimb@johnsonfistel.com">jimb@johnsonfistel.com</a> or <a href="mailto:fjohnson@johnsonfistel.com">fjohnson@johnsonfistel.com</a>.</p>  <p><strong>Background:<br></br></strong>Simulations Plus is a software company serving the pharmaceutical, biotechnology, and chemical industries. In June 2024, the Company acquired Pro-ficiency Holdings, Inc. and stated that the acquisition doubled the Company's total addressable market to $8 billion.</p>  <p>On June 11, 2025, Simulations Plus announced preliminary third-quarter fiscal 2025 revenue and updated its full-year fiscal 2025 revenue outlook, citing market uncertainties as headwinds. On this news, the Company's stock fell over 24%, from $26.44 to $20.05 per share.</p>  <p>Then, on July 14, 2025, Simulations Plus reported third-quarter fiscal 2025 results, including a net loss of $67.3 million and a $77.2 million non-cash impairment charge. The following day, the Company disclosed that it had dismissed its auditor, Grant Thornton LLP. Simulations Plus stated that certain matters involving segment reporting, reporting-unit determinations, and internal control over financial reporting could not be finalized in time for its Form 10-Q. Grant Thornton disagreed with the Company's characterization and stated that it had identified and communicated matters related to segment reporting, reporting-unit determinations, and internal control over financial reporting, and that those matters "were not resolved to our satisfaction" as of its termination. On this news, shares fell nearly 26%, from $17.47 to $12.97 per share.<br></br></p>  <p><strong>About Johnson Fistel, PLLP &#x7C; Securities Fraud &amp; Investor Rights</strong><br></br>Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder class actions and derivative lawsuits. Johnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. In 2024, the firm recovered approximately $90,725,000 for investors.</p>  <p>Attorney advertising.<br></br>Past results do not guarantee future outcomes.<br></br>Services may be performed by attorneys in any of our offices.<br></br>Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.</p>  <p><strong>Contact</strong><br></br>Johnson Fistel, PLLP<br></br>501 W. Broadway, Suite 800<br></br>San Diego, CA 92101<br></br>James Baker, Investor Relations – or – Frank J. Johnson, Esq.<br></br>(619) 814-4471 &#x7C; <a href="mailto:jimb@johnsonfistel.com">jimb@johnsonfistel.com</a> &#x7C; <a href="mailto:fjohnson@johnsonfistel.com">fjohnson@johnsonfistel.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcyOTcwNiM3NjMwMjkxIzIxODE3ODk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MjM3OTgzODQtOGQ4Ni00ZjJmLTgwMzQtNGMwZWI2ZmJiZDI3LTExOTMzNTgtMjAyNi0wNi0wMS1lbg==/tiny/Johnson-Fistel-PLLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c"><img src="https://ml.globenewswire.com/media/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c/small/johnson-fistel-jpg.jpg" border="0" width="150" height="150" alt="Primary Logo"></img></a></p>

Johnson Fistel is probing Simulations Plus for possible securities-law violations tied to prior governance and earnings disclosures. The development comes amid past 2025 headwinds, a large TAM expansion from the 2024 Pro-ficiency acquisition, and material quarterly losses, which have driven stock volatility. Investors should watch for any new facts or settlements that could affect SLP's fundamentals.

Simulations Plus, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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