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AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Core Subsidiaries

Fri, 10/18/2024 - 18:51
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX), collectively referred to as State Farm Group. In addition, AM Best has affirmed the FSR of A- (Excellent) and the L

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Edwards Lifesciences Corporation (EW) Investors

Fri, 10/18/2024 - 18:51
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Edwards Lifesciences Corporation (“Edwards Lifesciences” or the “Company”) (NYSE: EW) securities between February 6, 2024 and July 24, 2024, inclusive (the “Class Period”). Edwards Lifesciences Corporation investors have until December 13, 2024 to file a lead plaintiff motion. Investors suffering losses on their Edwards Lifesciences investments

UNIVERSAL STAINLESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Universal Stainless & Alloy Products, Inc. - USAP

Fri, 10/18/2024 - 18:51
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 Universal Stainless & Alloy Products, Inc. (NasdaqGS: USAP) to Aperam. Under the terms of the proposed transaction, shareholders of Universal will receive $45.00 in cash for each share of Universal that they own. KSF is seeking to determine whether this consideration and the process that led to it are adeq

ORTHOFIX MEDICAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Orthofix Medical, Inc. - OFIX

Fri, 10/18/2024 - 18:51
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 21, 2024 to file lead plaintiff applications in a securities class action lawsuit against Orthofix Medical, Inc. (NasdaqGS: OFIX), if they purchased the Company’s shares between October 11, 2022, and September 12, 2023, inclusive (the “Class Period”). This action is pending in the United States District Co

Berman Tabacco Announces That Investors in Acadia Healthcare Company, Inc. (ACHC) May Seek Appointment as Lead Plaintiff in the Newly Filed Securities Class Action

Fri, 10/18/2024 - 18:51
BOSTON--(BUSINESS WIRE)-- #classaction--Berman Tabacco announces that a securities class action has been filed in the Middle District of Tennessee against Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) and certain current and former officers on behalf of purchasers of Acadia securities between February 28, 2020 and September 26, 2024, inclusive (the “Class Period”). The case is captioned Kachrodia v. Acadia Healthcare Company, Inc., et al., Case No. 24-CV-1238 (M.D. Tenn.), and all

Berman Tabacco Announces that it has Filed a New Class Action Complaint Against Outset Medical, Inc. with an Expanded Class Period

Fri, 10/18/2024 - 18:51
BOSTON--(BUSINESS WIRE)-- #classaction--Berman Tabacco announces that it has filed a securities class action complaint in the United States District Court for the Northern District of California against Outset Medical, Inc. (“Outset” or the “Company”) (NASDAQ: OM) and certain current and former officers. This new securities class action is related to a pending case against Outset in the Northern District of California captioned Porcelli v. Outset Medical, Inc., et al., Case No. 24-CV-6124. The new class actio

FIS to Report Third Quarter 2024 Results on November 4, 2024

Fri, 10/18/2024 - 18:51
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, will announce third quarter 2024 financial results on Mon., Nov. 4, 2024, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS’ homepage, www.fisglobal.com. A replay will be available after the conclusion of the live webca

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Iris Energy Limited (IREN) Investors

Fri, 10/18/2024 - 18:51
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN) securities between June 20, 2023 and July 11, 2024, inclusive (the “Class Period”). Iris Energy investors have until December 6, 2024 to file a lead plaintiff motion. If you suffered a loss on your Ir

The Law Offices of Frank R. Cruz Announces Investigation of MGP Ingredients, Inc. (MGPI) on Behalf of Investors

Fri, 10/18/2024 - 18:51
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of MGP Ingredients, Inc. (“MGP” or the “Company”) (NASDAQ: MGPI) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On October 17, 2024, MGP announced that, for the third quarter ended September 30, 2024, as compared to the third quarter 2023: “[s]ales are expected to decline 24%,” “[a]djus

Muncy Columbia Financial Corporation Reports Third Quarter 2024 Earnings

Fri, 10/18/2024 - 18:51
BLOOMSBURG, Pa.--(BUSINESS WIRE)--Muncy Columbia Financial Corporation (“Corporation”) (OTCQX: CCFN), parent company of Journey Bank (”Bank”), has released its unaudited consolidated financial statements for the third quarter of 2024. Unaudited Financial Information Net income, as reported under accounting principles generally accepted in the United States of America (“GAAP”), for the quarter ended September 30, 2024 was $5,056,000, or $1.42 per share compared to net income of $1,171,000, or $0

Cross Country Healthcare to Hold Third Quarter 2024 Earnings Conference Call on Wednesday, November 6, 2024

Fri, 10/18/2024 - 18:51
BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its third quarter 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. Eastern Time. Cross Country Healthcare, Inc. (the “Company”) intends to distribute its earnings press release after market close on Wednesday, November 6, 2024. This call will be webcast live and can be accessed at the Company’s website at ir.crosscountry.com or by dialing 888-566-

KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend

Fri, 10/18/2024 - 18:51
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstanding share of the Company’s 6.50% Series A Cumulative Redeemable Preferred Stock, which represents an annual dividend of $1.625 per share. The dividend is payable on December 13, 2024 to KREF’s preferred stockholders of record as of November 29, 2024. About KKR Real Estate Finance Trust Inc. KREF

Savara Announces New Employment Inducement Grant

Fri, 10/18/2024 - 18:51
LANGHORNE, Pa.--(BUSINESS WIRE)--Savara Inc. (Nasdaq: SVRA), a clinical stage biopharmaceutical company focused on rare respiratory diseases, today announced the grant of inducement awards to four new employees. On October 17, 2024, the Compensation Committee of Savara's Board of Directors granted the inducement awards to four new employees who recently joined the Company. The inducement awards consist of options to purchase an aggregate of 95,000 shares of the Company’s common stock and restri

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Iris Energy Limited (IREN) Investors

Fri, 10/18/2024 - 18:51
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN) securities between June 20, 2023 and July 11, 2024, inclusive (the “Class Period”). Iris Energy investors have until December 6, 2024 to file a lead plaintiff motion. Investors suffering losses on their Iris Energy investments are encouraged to contact the Law Offices of Howard

OPENSEA INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into OpenSea and Encourages Investors to Contact the Firm

Fri, 10/18/2024 - 18:51
NEW YORK--(BUSINESS WIRE)---- $OPEN #Opensea--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of OpenSea NFTs. Investors who purchased OpenSea NFTs are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/Open. Investigation Details On August 28, 2024, CNBC published an article entitled “OpenSea receives Wells notice from SEC, regulator says NFTs are securities.” The article stated, “

RLF Urges DexCom, Inc. (NASDAQ: DXCM) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

Fri, 10/18/2024 - 18:51
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of DexCom, Inc. (NASDAQ: DXCM) between January 8, 2024 and July 25, 2024. DexCom describes itself as an “international company that develops, manufactures, and distributes continuous glucose monitoring systems for diabetes management.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767

EW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That Edwards Lifesciences Corporation Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Fri, 10/18/2024 - 18:51
NEW YORK--(BUSINESS WIRE)---- $EW #EdwardsLifescience--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Edwards Lifesciences Corporation (“Edwards” or “the Company”) (NYSE: EW) 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 E

CROWDSTRIKE HOLDINGS INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigates CrowdStrike Holdings Inc.’s Directors and Officers for Breach of Fiduciary Duties – CRWD

Fri, 10/18/2024 - 18:51
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of CrowdStrike Holdings Inc. (“CrowdStrike”) (NASDAQ: CRWD) breached their fiduciary duties to CrowdStrike and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of CrowdStrike’s board of directors or senior management failed to manage CrowdStrike in an acceptable manner, in brea

INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CSX Corporation

Fri, 10/18/2024 - 15:51
NEW YORK--(BUSINESS WIRE)---- $CSX #CSX--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CSX Corporation (“CSX” or the “Company”) (NASDAQ: CSX). Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. On August 5, 2024, CSX announced it had "identified misstateme

KBRA Assigns Preliminary Ratings to BX 2024-VLT5

Fri, 10/18/2024 - 15:51
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to six classes of BX 2024-VLT5, a CMBS single-borrower securitization. The collateral for the transaction is a $755.0 million fixed-rate, interest-only mortgage loan. The loan will be structured with a 10-year ARD, a 12-year final maturity and will require monthly interest-only payments. The loan will be secured by the borrowers’ fee simple interests in a portfolio of three data center properties. All three data cen

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