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Updated: 49 min 29 sec ago

Interactive Brokers Launches Plan d’Epargne en Actions (PEA Classique) Accounts

Wed, 11/20/2024 - 06:14
GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the launch of Plan d’Epargne en Actions accounts.

Best’s Market Segment Report: AM Best Maintains Outlook for Global Reinsurance Industry to Positive

Wed, 11/20/2024 - 03:14
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained its market segment outlook for the global reinsurance segment at positive, citing robust underwriting returns and the potential for solid full-year 2024 results despite an active Atlantic hurricane season. The newly issued Best’s Market Segment Report also notes that life insurance remains a good source of diversification for the large global reinsurers. The global life/annuity and health reinsurance segments remain well-capitalized and pos

ACI Worldwide Scamscope Projects APP Scam Losses to Hit $7.6 Billion by 2028

Wed, 11/20/2024 - 03:14
OMAHA, Neb.--(BUSINESS WIRE)--Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and UAE), according to the latest Scamscope report from ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in partnership with GlobalData, a leading data and analytics company. APP scammers prey on trust by deceiving individuals into willingly transferr

New Open Finance Guidelines Aim to Spur Financial Inclusion

Wed, 11/20/2024 - 03:14
WASHINGTON--(BUSINESS WIRE)-- #digitalfinancialservices--A coalition of international organizations today launched high-level guidelines for public authorities seeking to harness open finance to accelerate digital financial services and innovation and increase usage of a broader range of financial products. Alongside investment in digital public infrastructure, and ongoing efforts to reach the 1.4 billion people globally who still do not have access to a basic transaction account, open finance can be the next frontier for

XRX CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Xerox Holdings Corporation

Wed, 11/20/2024 - 00:14
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 New York, captioned Wilson v. Xerox Holding Corporation, et al., Case No. 24-cv-8809, on behalf of persons and entities that purchased or otherwise acquired Xerox Holdings Corporation (“Xerox” or the “Company”) (NASDAQ: XRX) securities between January 25, 2024 and October 28, 2024, inclusive (the “Class Period”)

HUMA Investors Have Opportunity to Lead Humacyte, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Wed, 11/20/2024 - 00:14
LOS ANGELES--(BUSINESS WIRE)--HUMA Investors Have Opportunity to Lead Humacyte, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of ASML Holding N.V. (ASML) Investors

Wed, 11/20/2024 - 00:14
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 ASML Holding N.V. (“ASML” or the “Company”) (NASDAQ: ASML) ordinary shares between January 24, 2024, and October 15, 2024, inclusive (the “Class Period”). ASML investors have until January 13, 2025 to file a lead plaintiff motion. If you suffered a loss on your ASML i

KBRA Assigns Preliminary Ratings to Golub Capital Partners ABS Funding 2022-1

Wed, 11/20/2024 - 00:14
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Golub Capital Partners ABS Funding 2022-1 (GCPAF 2022-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. Golub Capital Partners ABS Funding 2022-1 (“GCPAF 2022-1”) is a loan securitization managed by GC Investment Management LLC (“GCIM” or the “Collateral Manager”), an investment adviser and affiliate of GC Advisors LLC (collectively, with these affiliat

Certain BlackRock Funds Announce Final Results of Tender Offers

Wed, 11/20/2024 - 00:14
NEW YORK--(BUSINESS WIRE)-- #BGY--The BlackRock closed-end funds (the “Funds”) listed below announced today the final results of each Fund’s tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). The Tender Offers, which expired at 5:00 p.m. Eastern time on November 18, 2024, were oversubscribed for each Fund. Therefore, in accordance with the terms and conditions of the Tender Offers, each Fund will purchase Shares from all tendering shareholders on a pr

Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers

Wed, 11/20/2024 - 00:14
NEW YORK--(BUSINESS WIRE)---- $BCX--The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund’s tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). Each Tender Offer commenced on October 17, 2024 and expired at 5:00 p.m. Eastern time on November 19, 2024. Based on preliminary information, the number of Shares properly tendered for each Fund and not withdrawn is noted in the table below.

The Law Offices of Frank R. Cruz Announces Investigation of Wolfspeed, Inc. (WOLF) on Behalf of Investors

Tue, 11/19/2024 - 21:14
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) 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 November 6, 2024, Wolfspeed released its first quarter fiscal 2025 financial results and provided second quarter guidance significantly below expectations due to “demand … ra

Rosen Law Firm Encourages IMX Token Purchasers to Inquire About Immutable Securities Class Action Investigation

Tue, 11/19/2024 - 21:14
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims against Immutable resulting from allegations that Immutable may have issued materially misleading business information to the investing public. So What: If you purchased IMX tokens you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seek

Shareholder Alert: Ademi LLP Investigates Whether Berry Global Group, Inc. Is Obtaining a Fair Price for its Public Shareholders

Tue, 11/19/2024 - 21:14
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Berry (NYSE: BERY) for possible breaches of fiduciary duty and other violations of law in its transaction with Amcor. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, the stockholders of Berry will receive only 7.25 Amcor shares for each Berry share held, placing a value on Berry’s co

Marcus & Millichap Expands Commercial Property Auction Services with Ian Grusd

Tue, 11/19/2024 - 21:14
NEW YORK--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Expands Commercial Property Auction Services with Ian Grusd

FHLB Dallas Makes $250K Charitable Donation to Help Flooded New Mexico Region

Tue, 11/19/2024 - 21:14
ROSWELL, N.M.--(BUSINESS WIRE)-- #affordablehousing--The Federal Home Loan Bank of Dallas (FHLB Dallas) has provided a $250,000 charitable donation to Community Foundation of Southern New Mexico to assist with recovery from flooding in Roswell, New Mexico. Community Foundation of Southern New Mexico, based in Las Cruces, New Mexico, will provide financial resources to support the immediate and long-term recovery needs for the residents and areas affected by the devastation in Roswell and surrounding areas in Chaves

Andersen Advances Global Valuation Practice in 10 Asia Pacific Countries

Tue, 11/19/2024 - 21:14
SAN FRANCISCO--(BUSINESS WIRE)-- #agexpansion--Andersen continues to broaden its global valuation practice and deepen its ties in Asia Pacific through the addition of collaborating firms.

Rosen Law Firm Encourages Zeta Global Holdings Corp. Investors to Inquire About Securities Class Action Investigation – ZETA

Tue, 11/19/2024 - 18:13
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Zeta Global Holdings Corp. (NYSE: ZETA) resulting from allegations that Zeta Global may have issued materially misleading business information to the investing public. So What: If you purchased Zeta Global securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee

Rosen Law Firm Urges Wolfspeed, Inc. (NYSE: WOLF) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights

Tue, 11/19/2024 - 18:13
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers and acquirers of Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”). Wolfspeed is a semiconductor company focused on silicon carbide materials and the fabrication of devices for power applications. For more information, submit a form, email attorney Phillip Kim, or give

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Humacyte, Inc. (HUMA) Investors

Tue, 11/19/2024 - 18:13
NEW YORK--(BUSINESS WIRE)---- $HUMA #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the North Carolina Middle District on behalf of those who acquired Humacyte, Inc. (“Humacyte” or the “Company”) (NASDAQ: HUMA) securities during the period of May 10, 2024 to October 17, 2024, inclusive (“the Class Period”). Investors have until January 17, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click here to le

Eletson Emerges from Chapter 11 Process

Tue, 11/19/2024 - 18:13
NEW YORK--(BUSINESS WIRE)--Eletson Holdings Inc. (“Eletson” or the “Company”), an international seaborne transportation company, announced today that it has successfully completed its financial restructuring and emerged from Chapter 11 protection, marking a new beginning with new leadership, new financial resources and no debt. Eletson’s now effective Plan of Reorganization, proposed and backstopped by Pach Shemen, is supported by the majority of its creditors and has been approved by the U.S.

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