Lastest from Businesswire

MIAMI--(BUSINESS WIRE)--A new, highly specialized public relations agency called Metaverse PR was launched today to help Web3 startups and established businesses meet the challenge of communicating effectively in our new, constantly changing virtual universe. To commemorate the occasion, the new shop minted an NFT press release, the first-of-its kind. See it here. Metaverse PR launches with the support of sister company double e pr, a communications agency with extensive experience representing

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Natera business and prospects, resulting in its stock trading at inflated prices.

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Okta business and prospects, resulting in its stock trading at inflated prices.

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning CareDx business and prospects, resulting in its stock trading at inflated prices.

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 continues its investigation into FibroGen, Inc. (NasdaqGS: FGEN). On April 6, 2021, the Company disclosed that cardiovascular safety data it had previously submitted for the Phase 3 program of its roxadustat product “included post-hoc changes to the stratification factors.” As a result of these changes, the complaint

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 ATI Physical Therapy, Inc. (NYSE: ATIP; ATIP WS) f/k/a Fortress Value Acquisition Corp. II. (NYSE: FAII; FAII WS). On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public. On June 17, 2021, the Company announced that i

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 continues its investigation into Athira Pharma, Inc. (NasdaqGS: ATHA). On June 17, 2021, the Company disclosed that the Board of Directors had placed President and Chief Executive Officer Leen Kawas “on temporary leave pending a review of actions stemming from doctoral research [Kawas] conducted while at Washington St

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 Cerence Inc. (NasdaqGS: CRNC). On November 22, 2021, the Company disclosed revenue guidance for the first quarter and full fiscal year 2022 well below analysts’ expectations. On February 7, 2022, the Company announced its results for 1Q2022 ended on December 31, 2021, disclosing tha

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”), informs investors that KSF continues its investigation into 3D Systems Corporation (NYSE: DDD). On March 1, 2021, the Company disclosed that the filing of its 10-K annual report would be delayed, due primarily to “the presentation of cash flows associated with the divestiture process for its Cimatron and GibbsCam software businesses.” O

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 continues its investigation into Robinhood Markets, Inc. (NasdaqGS: HOOD). During its July 2021 Initial Public Offering (IPO), the Company touted its significant growth, quality execution, high security standards, and commitment to providing users with a highly accessible and safe trading experience. In October 2021,

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 AbbVie Inc. (NYSE: ABBV). Facing the loss of patent protection for its key drug, Humira, in 2023, and the resulting increased competition from generic drug products, throughout the first half of 2021, the Company promoted its drug product, Rinvoq, a Janus kinase (“JAK”) inhibitor pu

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 Sleep Number Corporation (NasdaqGS: SNBR). Leading up to early 2021, the Company repeatedly touted its vertical integration and robust supply chain, and thus its ability to meet surging customer demand. However, in February 2021, Winter Storm Uri caused widespread damage to the loca

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 Liberty Bancshares, Inc. (the “Company”) (OTC: LBSI) with Middlefield Banc Corp. (NASDAQ: MBCN). Under the terms of the proposed transaction, shareholders of Liberty will receive only 2.752 shares of Middlefield for each share of Liberty that they own. KSF is seeking to determine whether the merger and the p

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm Encourages Investors in Spero Therapeutics, Inc. with Losses of $100,000 to Contact the Firm

GREENWICH, Conn.--(BUSINESS WIRE)--Teton Advisors, Inc. (“Teton”) (OTC PINK: TETAA) announces that it has amended its Subscription Rights Offering Circular with the record date set for June 3, 2022 and with the subscription rights period extending through September 21, 2022. Teton is also updating the rights offering information it previously provided in its April 6 press release. “Our commitment is to earn a return for our clients utilizing our value based methodologies. As such, this rights o

NEW YORK--(BUSINESS WIRE)--Headline of release should read: Franklin Templeton to Reposition Four ETFs in U.S. (instead of Franklin Templeton to Reposition Four ETFs U.S.). The updated release reads: FRANKLIN TEMPLETON TO REPOSITION FOUR ETFS IN U.S. Franklin Templeton today announced plans to reposition and rename four index-based ETFs, effective on or about August 1, 2022. With this repositioning, the firm will change the ticker symbols and investment goal, strategies and policies for each Fu

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of Florida, captioned Nguyen v. LMP Automotive Holdings, Inc., et al., Case No. 22-cv-61019, on behalf of persons and entities that purchased or otherwise acquired LMP Automotive Holdings, Inc. (“LMP” or the “Company”) (NASDAQ: LMPX) securities between June 29, 2021 and May 19, 2022, inclusive (the “Class Period”)

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Spero Therapeutics, Inc. (NASDAQ: SPRO) between October 28, 2021 and May 2, 2022, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than July 25, 2022. SO WHAT: If you purchased Spero Therapeutics securities during the Class Period you may be entitled to com

NEW YORK--(BUSINESS WIRE)--On May 27, 2022, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) today declared a distribution of $1.75 per share of common stock, payable on June 28, 2022 to shareholders of record at the close of business on June 13, 2022. The ex-dividend date is June 10, 2022. The previous dividend declared in February was $1.75 per share of common stock. The Fund intends to distribute all or a portion of its net investment income to common shareholders

NEW YORK--(BUSINESS WIRE)--KKR Income Opportunities Fund (the “Fund”) (NYSE: KIO) announced today that the Q1 2022 investor call is now available on the Fund’s website. Aaron Dalrymple, Tom Hobby and Terry Ing hosted the call and provided market color and portfolio updates for the first quarter of 2022. Terry Ing is a Managing Director and a Portfolio Manager for KKR’s traded credit funds and Aaron Dalrymple and Tom Hobby are part of KKR’s Client and Partner Group. https://www.kkrfunds.com/kio