Lastest from Businesswire
NEUE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of NeueHealth, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of NeueHealth, Inc. (NYSE: NEUE) to an affiliate of New Enterprise Associates for $7.33 per share in cash is fair to NeueHealth shareholders. Halper Sadeh encourages NeueHealth shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation conce
APLT Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Applied Therapeutics, Inc.
RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Applied Therapeutics, Inc. (“Applied Therapeutics”) (NASDAQ: APLT) on behalf of those who purchased or otherwise acquired Applied Therapeutics securities between January 3, 2024, and December 2, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 18, 2025. CONTACT KESSLER TOPAZ MELTZER &
MQ Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Marqeta, Inc.
RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed against Marqeta, Inc. (“Marqeta”) (NASDAQ: MQ) on behalf of those who purchased or otherwise acquired Marqeta securities between May 7, 2024, and November 4, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 7, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Marqeta losses, yo
BlackRock Municipal Income Fund, Inc. (MUI) Provides De-Listing and Conversion Dates for Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) is providing additional information related to the Fund’s upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the “Interval Fund”). It is currently anticipated that the Conversion will take place aft
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla
Marcus & Millichap Closes 31 Property Net Lease Portfolio for $88.5 Million
BOSTON--(BUSINESS WIRE)---- $k #alexquinn--Marcus & Millichap Closes 31 Property Net Lease Portfolio for $88.5 Million
NeueHealth to Be Taken Private by NEA and Consortium of Investors
DORAL, Fla.--(BUSINESS WIRE)--NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it has entered into a definitive merger agreement pursuant to which the Company will be acquired by an affiliate of New Enterprise Associates (“NEA”) at an enterprise value of approximately $1.3 billion. Upon completion of the transaction, NeueHealth will become a privately held company with the flexibility and resources to continue advancing its
BML Properties Ltd. comments on CCA Construction Inc. Bankruptcy Announcement
NEW YORK--(BUSINESS WIRE)--BML Properties Ltd. today expressed its disappointment in the bankruptcy filing by CCA Construction Inc., formerly known as China Construction America (“CCA”). Sarkis Izmirlian, chair of BML Properties Ltd. and the original developer of the Baha Mar resort in Nassau, Bahamas, said, “This is just another example of CCA, and its multibillion-dollar parent company China State Construction Engineering Corporation (“CSCEC”) attempting to evade responsibility for its action
SmartStop Self Storage REIT, Inc. Acquires a Premium Facility in Ladera Ranch, California
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is proud to announce the acquisition of a Class A self-storage facility in Ladera Ranch, California. The property features two two-story buildings, three one-story buildings, and three floors within the adjacent four-story building, home to SmartStop’s corporate headquarters and the Ladera Sports Center. Spanning approximately 136,300
Source Capital, Inc. Declares Special Distribution on Common Stock
LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved a special distribution: Special Distribution: Month Rate per Common Share Record Date Payable Date December 2024 $TBD* December 30, 2024 January 9, 2025 *The final rate is estimated to be approximately 1%-3% of net asset value and is expected to be determined on or about December 27, 2024. About Source Capital, Inc. Source Capital, Inc. is a closed-end investment company managed by Fi
Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on December 27, 2024 based on the Trust’s calculation of net profits generated during October 2024 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As furthe
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in November
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund’s outstanding common stock. The distribution is payable on January 22, 2025 to shareholders of record on January 10, 2025. The ex-dividend date is January 10, 2025. The Fund will pay a previously declared distribution today,
Equity Residential Named to Dow Jones Sustainability Indices
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a recognized leader in corporate responsibility, today announced that the Company was named to both the Dow Jones Sustainability World and North America Indices. Equity Residential is the first residential REIT to receive this distinction and one of only four U.S. REITs to be included in both indices. The indices comprise global sustainability leaders identified by S&P Global through its Corporate Sustainability Assessment and only t
BGSF, Inc. Announces Cost Restructuring Plan as Part of Strategic Review
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF) (the “Company” or “BGSF”), a national provider of consulting, managed services, and workforce solutions, announces, as part of its strategic review process, that it has executed a cost restructuring plan during the fourth quarter. The Company recently implemented a significant restructuring plan designed to reduce costs, improve operating performance, and position the organization for profitable growth. The Company estimates that this plan
KYTX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Kyverna Therapeutics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $KYTX #KyvernaTherapeutics--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Kyverna Therapeutics, Inc. (“Kyverna” or “the Company”) (NASDAQ: KYTX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Kyv
MQ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Marqeta, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $MQ #Marqeta--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Marqeta, Inc. (“Marqeta” or “the Company”) (NASDAQ: MQ) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Marqeta securities
Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced board approval of a measure that will allow individual shareholder and director, Lawrence B. Seidman, to increase his position in the Company from a maximum of 9.9% to 14.99% of common stock. Mr. Seidman is the Manager of Seidman and Associates, LLC based in Parsippany, NJ. He has served on Bankwell’s board of directors since 2020. Christopher R. Gruseke, Preside
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of AstraZeneca PLC Investors – AZN
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of AstraZeneca PLC (NASDAQ: AZN) between February 23, 2022 and December 17, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for AstraZeneca PLC investors under the federal securities laws. To join the AstraZeneca class action, go to https://rosenlegal.com/submit-form/?case_id=1331 or call Phillip K
Susman Godfrey LLP Files Antitrust Lawsuit Alleging Align Technology, ADA, and AAO Conspired to Eliminate Competition in the Dental Market
SANTA CLARA, Calif.--(BUSINESS WIRE)--Last Wednesday, attorneys from Susman Godfrey LLP and Benesch Friedlander Coplan & Aronoff, LLP filed an antitrust lawsuit on behalf of CDS Litigation, LLC, against Align Technology, Inc. (“Align”), the American Dental Association (“ADA”), and the American Association of Orthodontists (“AAO”). The lawsuit, filed in the Superior Court of California, alleges that the Defendants engaged in a multi-year coordinated and illegal conspiracy to eliminate their
Clear Street Wins Top Technology & Client Service Awards at 2024 Global Custodian Industry Leaders Event
NEW YORK--(BUSINESS WIRE)--Clear Street, (“Clear Street”, “the Company”) a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, commented today on recent industry-wide recognition for top awards in technology and client service, and its #1 ranking in Global Custodian’s 2024 Prime Brokerage Survey. In the fourth quarter of 2024, at the annual Global Custodian Industry Leaders Awards, which celebrates excellence across the securities services industry, Clear S