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Rosen Law Firm Urges Doximity, Inc. (DOCS) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Wed, 06/12/2024 - 23:15
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Doximity, Inc. (NYSE: DOCS) between February 9, 2022 and April 1, 2024. Doximity describes itself as a company that “operates a digital platform that provides connections between, medical information to, and patient scheduling tools for medical professionals.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen

Rosen Law Firm Urges Direct Digital Holdings, Inc. (DRCT) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Wed, 06/12/2024 - 23:15
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of common stock of Direct Digital Holdings, Inc. (NASDAQ: DRCT) between April 17, 2023 and March 25, 2024. Direct Digital describes itself as a company that “operates as an end-to-end full-service programmatic advertising platform.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. Th

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Gritstone bio, Inc. (GRTS) on Behalf of Investors

Lastest from Businesswire - Wed, 06/12/2024 - 23:15
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Gritstone bio, Inc. (“Gritstone” or the “Company”) (NASDAQ: GRTS) investors concerning the Company’s possible violations of federal securities laws. On February 12, 2024, Gritstone disclosed that it would be delaying the launch of its COVID-19 vaccine study (the “Phase 2b CORAL Study”) from the first quarter of 2024 to Fall 2024 to “allow use of fully GMP-grade raw materials in the vaccine, wh

Rosen Law Firm Urges Compass Minerals International, Inc. (CMP) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Wed, 06/12/2024 - 23:15
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Compass Minerals International, Inc. (NYSE: CMP) between November 29, 2023 and March 22, 2024. Compass Minerals describes itself as “a leading global provider of essential minerals.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Inve

Rosen Law Firm Urges Cambium Networks Corporation (CMBM) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Wed, 06/12/2024 - 23:15
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of Cambium Networks Corporation (NASDAQ: CMBM) between May 8, 2023 and January 18, 2024. Cambium describes itself as a company that “together with its subsidiaries, engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions.” For more information, submit a for

PennyMac Mortgage Investment Trust Announces SiSi Pouraghabagher Joined Its Board of Trustees

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that SiSi Pouraghabagher, an experienced financial services leader, has joined its Board of Trustees. “It is with great enthusiasm that we welcome SiSi Pouraghabagher to our Board of Trustees,” said Chairman and Chief Executive Officer David Spector. “Her extensive leadership experience as a financial executive and board chair across diverse sectors, including banking, insurance, and consul

ICC HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ICC Holdings, Inc. - ICCH

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
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 ICC Holdings, Inc. (NasdaqCM: ICCH) to Mutual Capital Group, Inc. Under the terms of the proposed transaction, shareholders of ICC will receive $23.50 in cash for each share of ICC that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the

DRIVEN BRANDS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Driven Brands Holdings Inc. - DRVN

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Driven Brands Holdings Inc. (NasdaqGS: DRVN). On August 2, 2023, the Company disclosed 2Q2023 earnings that missed expectations, including disappointing results for its Glass business segment, that was at least “several quarters” behind on its integration of the businesses it had ac

DIAMOND OFFSHORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond Offshore Drilling, Inc. - DO

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
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 Diamond Offshore Drilling, Inc. (NYSE: DO) to Noble Corporation plc (NYSE: NE). Under the terms of the proposed transaction, shareholders of Diamond will receive $5.65 in cash and 0.2316 shares of Noble for each share of Diamond that they own. KSF is seeking to determine whether this consideration and the proc

US Metro Bancorp Declares Interim Dividend on Common Stock

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on June 24, 2024 to shareholders of record at the close of business on June 7, 2024. About US Metro Bancorp, Inc. and its wholly owned subsidiary US Metro Bank US Metro Bank is a California chartered, full service commercial bank headquartered in Garden Grove, California. The Bank opened for business on September 15, 2006, and offers deposit and loan

Goldman Sachs Asset Management Announces Liquidation of Goldman Sachs Defensive Equity ETF

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management (“GSAM”), the investment adviser for the Goldman Sachs Defensive Equity ETF (the “Fund”), announced today that the Fund’s Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation (the “Plan”) for the Fund. Under the Plan, which is effective today, the Fund will begin the process of liquidating portfolio assets and unwinding its affairs in an orderly fashion over time. The Plan is not subject to shareholder app

Nitrogen Partners with Holistiplan to Offer Exclusive Pricing and Launch the First In-Person Holistiplan Tax Summit at the Fearless Investing Summit

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
AUBURN, Calif.--(BUSINESS WIRE)--Nitrogen and Holistiplan partner to launch the first in-person Holistiplan Tax Planning Summit at the award-winning Fearless Investing Summit.

CardRatings.com Analyzes Whether a Recent Drop in Credit Card Debt is Actually Good News

Lastest from Businesswire - Wed, 06/12/2024 - 20:14
FOSTER CITY, Calif.--(BUSINESS WIRE)--Given the number of Americans struggling with credit card debt, seeing balances owed go down might seem like a cause for celebration; however, other debt trends from the first quarter of 2024 suggest that people are simply trading one form of debt for another. At the end of 2023, Americans owed a total of $1.129 trillion in credit card debt. During the first quarter of 2024, that debt shrunk by $14 billion. Conversely, total consumer debt rose during this s

OFS Credit Company Provides May 2024 Net Asset Value Update

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of May 31, 2024. Management’s unaudited estimate of the range of our NAV per share of our common stock as of May 31, 2024 is between $7.35 and $7.45. This estimate is not a comprehensive statement of

Lithium Royalty Corp Announces Voting Results

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
TORONTO--(BUSINESS WIRE)---- $LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC”) announced the successful election of each of the director nominees listed in the management proxy circular for the Annual Meeting of Shareholders held today. The detailed voting results are set out below: Director Nominee Votes for % for Votes withheld % withheld Blair Levinsky 47,753,809 95.6% 2,203,002 4.4% Ernie Ortiz 49,954,001 99.9% 2,810 0.1% Mark Wellings 49,366,401 98.8% 590,410 1.2% Elizabeth Breen 49,408,884 98.9% 547

Howard Energy Partners Announces Pricing Terms of Tender Offer for Any and All of Its Outstanding 6.75 Percent Senior Notes Due 2027

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
SAN ANTONIO--(BUSINESS WIRE)--Howard Midstream Energy Partners, LLC (the “Company”) today announced the pricing terms of the previously announced cash tender offer (the “Tender Offer”) for any and all of the $400,000,000 outstanding aggregate principal amount of its 6.75 percent senior notes due 2027 (the “Notes”). The Tender Offer consists of an offer on the terms and conditions set forth in the offer to purchase, dated June 6, 2024 (the “Offer to Purchase”), and the notice of guaranteed deliv

AM Best Places Credit Ratings of Homesteaders Life Company Under Review With Negative Implications

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Homesteaders Life Company (Homesteaders) (West Des Moines, IA). At the same time, AM Best has placed under review with negative implications the Long-Term Issue Credit Ratings of “bbb-” (Good) on Homesteaders’ $20 million, 7.75% surplus notes due 2053, and the $20 million 7.75% surplus notes due 2

Natixis Investment Managers to Close the Natixis Vaughan Nelson Mid Cap ETF (NYSE: VNMC)

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
BOSTON--(BUSINESS WIRE)--Natixis Investment Managers (Natixis IM) announced today that it will liquidate and close the Natixis Vaughan Nelson Mid Cap ETF (NYSE: VNMC). The decision was made by the Board of Trustees of the Natixis ETF Trust II on the recommendation of the Fund’s adviser, Natixis Advisors, LLC. Proceeds of the liquidation are currently expected to be sent to shareholders of the Fund on or about July 30, 2024 (the liquidation date). Effective as of the close of business on July 25

Phillips 66 to Announce Second-Quarter Financial Results

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
HOUSTON--(BUSINESS WIRE)--Phillips 66 management will host a webcast at noon ET on Tuesday, July 30, 2024, to discuss the company’s second-quarter 2024 financial results.

Ares Management Announces Launch of Offering of Class A Common Stock

Lastest from Businesswire - Wed, 06/12/2024 - 17:14
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the launch of an underwritten public offering (the “Offering”) of 2,650,000 shares of Class A common stock, par value $0.01 per share (“Class A common stock”), of the Company. Ares expects to grant to the underwriters of the offering an option to purchase up to 397,500 additional shares of Class A common stock. Ares intends to use the net proceeds from the offering for general corporate

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