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Kerrigan Advisors Names Chris Gempton as Senior Vice President, Sell-Side Advisory, Opening the Firm’s First Florida Office

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
MIAMI--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the leading sell-side advisory firm and thought partner to auto dealers in the U.S., today announced that Chris Gempton has joined the firm as Senior Vice President, Sell-Side Advisory. Gempton brings nearly two decades of automotive experience, including 13 years at AutoNation (NYSE: AN), where he most recently served as Vice President of Corporate Development. Gempton will open Kerrigan Advisors’ Florida office in Midtown Miami to serve Kerrigan Advi

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Bally’s Corp. (NYSE: BALY) Shareholder Buyout and Encourages Investors to Contact the Firm

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the recently announced proposed buyout of Bally’s Corporation (“Bally’s”) (NYSE: BALY) shareholders on behalf of the company’s investors. On July 25, 2024, Bally’s announced that it had agreed to be acquired by its largest shareholder, Standard General L.P., at a price of $18.25 per share. Following the closing of the proposed transaction, Bally’s shareholders will be cashed out of their investment position and th

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Howard Hughes Holdings Inc. (HHH) and Encourages Long-Term Investors to Contact the Firm

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Howard Hughes Holdings Inc. (NYSE: HHH) (“Howard Hughes”) on behalf of the company’s long-term investors. Since January 2024, shares of Howard Hughes have declined in value from a trading price of over $85.00 per share to a current trading price of below $72.00 per share, a decline of over $13.00 per share, or 15% in value. The investigation seeks to determine whether Howard Hughes and/or the company’s officers an

Pibank, the Direct Banking Solution of Intercredit Bank, Launches its U.S. Presence

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
CORAL GABLES, Fla.--(BUSINESS WIRE)--Pibank, the direct banking solution of Intercredit Bank, has formally launched its U.S. presence with a 5.50% APY high-yield savings account. The direct bank, which already has a robust presence in Spain and Colombia, will now be offering its high-yield, customer-centric savings products to U.S. consumers. Pibank’s success stems from its high-yield savings offerings with no fees, no minimum balance, and they are FDIC-Insured. Pibank’s key differential advant

State Street Names Head of Investment Services

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that Joerg Ambrosius, executive vice president and chief commercial officer, has been appointed president of Investment Services, State Street’s largest business. Ambrosius brings more than 30 years of financial services experience, with a successful track record of leading client management, sales and revenue growth, focusing on the needs of asset managers and institutional investors. Ambrosius assumed an expanded rol

FHLBank Chicago Opens 2024 Application for Diverse Developer Initiative to Foster Career Development in Affordable Housing Industry

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
CHICAGO--(BUSINESS WIRE)--FHLBank Chicago opens application for the 2024 Community First® Diverse Developer Initiative making available $2 million to qualifying organizations.

Alight Completes Cloud Migration Transformation, Delivering Enhanced Performance and Significant Cost Savings

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
CHICAGO--(BUSINESS WIRE)--Alight completes cloud migration transformation, delivering enhanced performance and significant cost savings

Halda Therapeutics Secures $126 Million Financing to Advance RIPTAC™ Cancer Therapies into the Clinic for Major Solid Tumors

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
NEW HAVEN, Conn.--(BUSINESS WIRE)--Halda Therapeutics, a biotechnology company developing a novel class of cancer therapies called RIPTACTM (Regulated Induced Proximity TArgeting Chimeras) therapeutics, today announced that it has raised new financing of $126 million in a Series B extension, including funding from new investors Deep Track Capital, Frazier Life Sciences, RA Capital Management, Vida Ventures, Boxer Capital and Taiho Ventures, as well as existing investors Canaan Partners, Access

Dentalcorp to Participate at Upcoming Investor Conferences

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
TORONTO--(BUSINESS WIRE)--Dentalcorp Holdings Ltd. (“Dentalcorp” or the “Company”) (TSX: DNTL), Canada’s largest and one of North America’s fastest growing networks of dental practices, today announced that it will present at the following investor conferences: Morgan Stanley Annual Global Healthcare Conference – September 4, 2024 Location: New York, NY CIBC Eastern Institutional Investor Conference – September 26, 2024 Location: Montreal, QC Replays of select presentations will be made availab

Jefferies Announces that Toru Nakashima, President and Group CEO of SMFG, Has Been Appointed to the Jefferies Board of Directors

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”) President and Group Chief Executive Officer, Toru Nakashima, to Jefferies’ Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent wi

Lazard Reports July 2024 Assets Under Management

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of July 31, 2024 totaled approximately $246.1 billion. The month’s AUM included net outflows of $3.6 billion, market appreciation of $3.5 billion and foreign exchange appreciation of $1.5 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT ("AUM") (unaudited) ($ in millions)       As of:   July 31, June 30,   20241 2024 Equity   $192,176 $190,426 Fixed Income   45,775 46,111 Othe

Banc of California, Inc. Announces Quarterly Dividends

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable October 1, 2024, to stockholders of record as of September 16, 2024. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend wi

Ault Alliance Announces that Sentinum, its Wholly Owned Subsidiary, has Mined 552 Bitcoin in 2024 and 2,894 Bitcoin Since Inception

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
LAS VEGAS--(BUSINESS WIRE)---- $AGREE #AGREE--Ault Alliance Announces that Sentinum, its Wholly Owned Subsidiary, Has Mined 552 Bitcoin in 2024 and 2,894 Bitcoin Since Inception

INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Ford Motor Company Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - F

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Ford business and prospects, resulting in its stock trading at inflated prices.

LULU INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that lululemon athletica inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Mon, 08/12/2024 - 09:01
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning lululemon business and prospects, resulting in its stock trading at inflated prices.

Chatham Asset Management Offers Refinancing Support to Mohegan Tribal Gaming Authority

Lastest from Businesswire - Mon, 08/12/2024 - 06:01
CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC (“Chatham”), a private investment firm and the largest creditor of Mohegan Tribal Gaming Authority (“MOHEGN” or the “Company”), today issued the following statement regarding the Company’s 8.000% Second Priority Senior Secured Notes due February 1, 2026 (the “2026 Notes”) and 13.250% Senior Notes due December 15, 2027 (the “2027 Notes”): “MOHEGN continues to perform well, highlighted by strong financial results in the recently report

Tigertail Capital Partners Officially Launches with Formation of Advantage Distribution Holdings

Lastest from Businesswire - Mon, 08/12/2024 - 06:01
MIAMI--(BUSINESS WIRE)--Tigertail Capital Partners (“TCP”), a Miami-based investment firm, is pleased to announce its official launch. TCP is dedicated to investing in founder-owned businesses across highly fragmented industries with limited tech-enablement to-date. TCP is led by Alex Gatof, Andrew Och and Zach Katz, who collectively have over 25 years of experience in private and public market investing in addition to software and data engineering. Tigertail Capital Partners will be focused on

BLUE OWL CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Blue Owl Capital Corporation III - OBDE

Lastest from Businesswire - Sun, 08/11/2024 - 18:01
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Blue Owl Capital Corporation III (“OBDE” or the “Company”) (NYSE: OBDE) and Blue Owl Capital Corporation (NYSE: OBDC). Under the terms of the proposed transaction, shareholders of OBDE will receive newly issued shares of OBDC for each share of OBDE based on an exchange ratio determined prior to closing. KSF

GSE SYSTEMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GSE Systems, Inc. - GVP

Lastest from Businesswire - Sun, 08/11/2024 - 18:01
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of GSE Systems, Inc. (NasdaqCM: GVP) to Pelican Energy Partners. Under the terms of the proposed transaction, shareholders of GSE will receive $4.10 in cash for each share of GSE that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consi

LPL Financial Holdings Inc. (LPLA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Lastest from Businesswire - Sun, 08/11/2024 - 18:01
NEW YORK--(BUSINESS WIRE)---- $LPLA #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of LPL Financial Holdings Inc. (“LPL” or “the Company”) (NASDAQ: LPLA). Investors who purchased LPL securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LPLA. Investigation Details LPL is the subject of a temporary restraining order issued by a federal judge on behalf of Amerip

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