Lastest from Businesswire
OFIX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Orthofix Medical Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK--(BUSINESS WIRE)---- $OFIX #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Orthofix Medical Inc. (“Orthofix” or “the Company”) (NASDAQ: OFIX) and certain current and former officers and directors of Orthofix and SeaSpine Holdings Corporation ("SeaSpine"). Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities law
Politan Comments on Masimo’s Latest Attempt to Block a Fair Shareholder Vote
NEW YORK--(BUSINESS WIRE)--Politan Capital Management (together with its affiliates, “Politan”), an 8.9% shareholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today issued the following statement: “With its motion for a preliminary injunction denied, Masimo pivoted this Saturday to asking the California Federal Court to effectively invalidate Politan’s current proxy card. This follows the Court’s hearing on Friday on Masimo’s request to delay the Annual Meeting. Masimo j
SCF Acquires Newpark Fluids Systems
HOUSTON--(BUSINESS WIRE)--SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling software suite, global supply chain and infrastructure to enhance the efficienc
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Aviat Networks, Inc. (AVNW)
NEW YORK--(BUSINESS WIRE)---- $avnw #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW). The investigation concerns whether Aviat and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On September 11, 2024, Aviat disclosed that it would be unable to timely file its Annual Report for fiscal year
AXT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of AXT, Inc. - AXTI
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 AXT, Inc. (NasdaqGS: AXTI). On April 4, 2024, J Capital Research released a report on the Company, revealing that it had tried to conduct an Initial Public Offering (“IPO”) for one of its subsidiaries in China and that the “IPO has apparently been blocked by Chinese regulators.” J C
Houston Rapper Files Federal Lawsuit Against City of Houston and Police Officers for Wrongful Arrest and Imprisonment
HOUSTON--(BUSINESS WIRE)--Houston Rapper Files Federal Lawsuit Against City of Houston and Police Officers for Wrongful Arrest and Imprisonment
Best’s Commentary: Growing Gulf Coast-Focused Insurers Face Key Test in Hurricane Francine
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best expects the bulk of losses resulting from Hurricane Francine to be manageable and borne by primary insurers given a shift toward higher reinsurance attachments, but companies focused on growing business in Gulf Coast states will face a key test as claims materialize. The Best’s Commentary, “Growing Gulf Coast-Focused Insurers Face Key Test in Hurricane Francine,” noted that a trend toward higher attachments were part of de-risking measures by reinsurers t
BIOQUAL, Inc. Announces a Reduction in Workforce
ROCKVILLE, Md.--(BUSINESS WIRE)--This week BIOQUAL, Inc. (OTC: BIOQ) announced a reduction in workforce (RIF) of approximately 10% of its employees effective Monday, September 9, 2024. The RIF was a necessary cost-cutting measure due to the decrease in revenue and profitability that BIOQUAL has experienced in the last year. In a post-COVID-19 environment, the Company has seen a significant drop in the demand for their services due to the development of COVID-19 vaccines and therapeutics and nee
AMERICAN AIRLINES 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 Lawsuits Against American Airlines Group Inc. - AAL
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 September 16, 2024 to file lead plaintiff applications in securities class action lawsuits against American Airlines Group Inc. (NasdaqGS: AAL), if they purchased the Company’s securities between July 20, 2023 and May 28, 2024, inclusive (the “Class Period”). These actions are pending in the United States District
Federman & Sherwood Investigates Elmhurst Development LLC (“Elmhurst”) for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Elmhurst Development LLC (“Elmhurst”) for Data Breach
CAE 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 CAE, Inc. - CAE
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 September 16, 2024 to file lead plaintiff applications in a securities class action lawsuit against CAE, Inc. (NYSE: CAE), if they purchased the Company’s shares between February 11, 2022 and May 21, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern D
Federman & Sherwood Investigates Riverside Resort & Casino (“Riverside”) for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Riverside Resort & Casino (“Riverside”) for Data Breach
Hamilton ETFs Launches Hamilton U.S. T-Bill YIELD MAXIMIZER™ ETF
TORONTO--(BUSINESS WIRE)---- $HBIL--Hamilton ETFs Launches Hamilton U.S. T-Bill YIELD MAXIMIZER™ ETF
VERRICA PHARMACEUTICALS INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Verrica Pharmaceuticals Inc. - VRCA
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 Verrica Pharmaceuticals Inc. (NasdaqGM: VRCA). In December 2020, the Company submitted a New Drug Application (“NDA”) to the U.S. Food and Drug Administration (“FDA”) for regulatory approval of its lead product, VP-102 or YCANTH, for the treatment of molluscum contagiosum, a skin disea
ODDITY TECH 96 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 ODDITY Tech Ltd. - ODD
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 September 17, 2024 to file lead plaintiff applications in a securities class action lawsuit against ODDITY Tech Ltd. (“Oddity” or the “Company”) (NasdaqGM: ODD), if they purchased the Company’s securities between July 19, 2023 and May 20, 2024, inclusive (the “Class Period”). This action is pending in the United S
UNITEDHEALTH GROUP INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of UnitedHealth Group Incorporated - UNH
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 UnitedHealth Group Incorporated (NYSE: UNH). On February 27, 2024, the Wall Street Journal reported that the U.S. Department of Justice had re-opened its antitrust investigation into the relationships between the Company’s various segments. Thereafter, the Company and certain of its
Gores Holdings IX Announces Receipt of Nasdaq Listing Delinquency Notification Letter
BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings IX, Inc. (Nasdaq: GHIX) (the “Company”) today announced that it received a delinquency notification letter (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on September 9, 2024 due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (
Focus Impact Acquisition Corp. Shareholders Approve Previously Announced Business Combination with DevvStream
NEW YORK--(BUSINESS WIRE)--DevvStream Holdings Inc. (“DevvStream” or the “Company”) (CBOE: DESG) (OTCQB: DSTRF) (FSE: CQ0), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, and Focus Impact Acquisition Corp. (“Focus Impact” or “FIAC”) (Nasdaq: FIAC), a special purpose acquisition company, today announced that the stockholders of Focus Impact have approved the previously proposed business combination with DevvStream, which is expected
KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.25 Per Share of Common Stock
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 $0.25 per share of common stock with respect to the third quarter of 2024. The dividend is payable on October 15, 2024 to KREF’s common stockholders of record as of September 30, 2024. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secu
BlackRock Municipal Income Fund, Inc. (MUI) Announces Variable Rate Demand Preferred Shares Action
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC today announced BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”, CUSIP: 09253X102) intends to redeem all of its outstanding Series W-7 Variable Rate Demand Preferred Shares on September 27, 2024, at a redemption price equal to the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the day prior to the redemption date. This press release is neither an offer to sell nor a solicitation