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JPMorganChase Declares Preferred Stock Dividends

Fri, 09/13/2024 - 18:25
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series CC preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billi

Federman & Sherwood Investigates Dr. Daniel J. Leeman for Data Breach

Fri, 09/13/2024 - 18:25
OKLAHOMA CITY, Okla.--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Dr. Daniel J. Leeman for Data Breach

Faraday Future Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions

Fri, 09/13/2024 - 18:25
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based global shared intelligent electric mobility ecosystem company, has released the following notice according to THE UNITED STATES DISTRICT COURT, CENTRAL DISTRICT OF CALIFORNIA, WESTERN DIVISION: UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION   IN RE FARADAY FUTURE INTELLIGENT ELECTRIC INC. DERIVATIVE LITIGATION,   Lead Case

First Trust Announces Timing of Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund

Fri, 09/13/2024 - 18:25
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the timing of the closing of the reorganization First Trust/abrdn Global Opportunity Income Fund (NYSE: FAM) (the “Fund”) with and into abrdn Income Credit Strategies Fund (“ACP”). Shareholders of FAM, a diversified, closed-end management investment company organized as a Massachusetts business trust, approved the reorganization of FAM with and into ACP, a diversified, closed-end management investment company orga

BlackRock Announces Expected Closing Date for Acquisition of Global Infrastructure Partners

Fri, 09/13/2024 - 18:25
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) (“BlackRock”) today announced that it expects to close its previously announced acquisition of Global Infrastructure Partners (“GIP”) on October 1, 2024, subject to regulatory approvals and other customary closing conditions (the “GIP Transaction”). Pursuant to the transaction agreement executed with respect to the GIP Transaction, BlackRock will acquire GIP by first effecting a merger in accordance with Section 251(g) of the Delaware Gener

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CAE Inc. (CAE)

Fri, 09/13/2024 - 18:25
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming September 16, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired CAE Inc. (“CAE” or the “Company”) (NYSE: CAE) securities between February 11, 2022 and May 21, 2024, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On August 10, 2022, CAE released its first quarter fiscal 2023 financial r

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against American Airlines Group Inc. (AAL)

Fri, 09/13/2024 - 18:25
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming September 16, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired American Airlines Group Inc. (“American Airlines” or the “Company”) (NASDAQ: AAL) securities between July 20, 2023 to May 28, 2024, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On May 28, 2024, after the market closed, A

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Sage Therapeutics, Inc. (SAGE) Investors

Fri, 09/13/2024 - 15:25
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 Sage Therapeutics, Inc. (“Sage” or the “Company”) (NASDAQ: SAGE) securities between April 12, 2021 and July 23, 2024, inclusive (the “Class Period”). Sage investors have until October 28, 2024 to file a lead plaintiff motion. If you suffered a loss on your Sage invest

SBSB Eastham Lands Eight Partners on 2025 Lawdragon 500 Leading Litigators List

Fri, 09/13/2024 - 15:25
HOUSTON--(BUSINESS WIRE)--Schouest, Bamdas, Soshea, BenMaier & Eastham PLLC (SBSB Eastham) is pleased to announce that eight firm partners have been named to the 2025 Lawdragon 500 Leading Litigators in America list, a guide to the top defense attorneys in the United States. SBSB Eastham honorees include Houston-based partners John Schouest, Limor Ben-Maier, Kelly Haas and Susan Noe Wilson, New Orleans-based partner Richard Cozad, and Dallas-based partners Tom Jacks, Trevor Brown and Rasha

AM Best Revises Outlooks to Negative for Liva Group SAOG

Fri, 09/13/2024 - 15:25
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Liva Group SAOG (Liva Group) (Oman). The Credit Ratings (ratings) reflect Liva Group’s consolidated balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. In addition, the

Hult International Business School Named a Top Program by Financial Times, Ranked First in the US

Fri, 09/13/2024 - 15:25
BOSTON--(BUSINESS WIRE)--The 2024 Financial Times Master’s in Management ranking lists Hult International Business School in the top 50 in the world for the fourth year running. Hult is just one of two American institutions on the list and tops the ranking for US schools. The Financial Times recognition highlights Hult’s ongoing strength in preparing students for career success. Factors in the ranking include career outcomes and progress, alumni salaries, international mobility, and diverse rep

XMS Capital Partners Serves as Exclusive Financial Advisor to Liquid Bottles LLC on its Sale to Novvia Group

Fri, 09/13/2024 - 15:25
CHICAGO--(BUSINESS WIRE)--XMS Capital Partners, LLC (“XMS”) a global, independent financial services firm focused on providing M&A, corporate advisory and capital raising services, announced that it served as exclusive financial advisor to Liquid Bottles LLC (“Liquid Bottles” or the “Company”) on its sale to Novvia Group (“Novvia”), a global rigid container and life sciences packaging distributor. Novvia Group is backed by Kelso & Company (“Kelso”). Financial terms of the transaction we

AAL Investors Have the Opportunity to Lead American Airlines Group Inc. Securities Fraud Lawsuit with the Schall Law Firm

Fri, 09/13/2024 - 15:25
LOS ANGELES--(BUSINESS WIRE)--AAL Investors Have the Opportunity to Lead American Airlines Group Inc. Securities Fraud Lawsuit with the Schall Law Firm

Politan Issues Statement From Legal Advisors Schulte Roth & Zabel and Munger, Tolles & Olson Regarding Masimo Proxy Contest

Fri, 09/13/2024 - 15:25
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), issued a comment from its co-counsel – Schulte Roth & Zabel (“SRZ”) and Munger, Tolles & Olson (“Munger”) – in the California federal court case brought by Masimo seeking to block Politan from voting the proxies it collects. Michael Swartz, Co-Chair of SRZ’s Litigation Group, and Bethany Kristovich, a litig

AM Best Places Credit Ratings of Germania Farm Mutual Insurance Association and Core Subsidiaries Under Review With Negative Implications

Fri, 09/13/2024 - 15:25
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bb+” (Fair) of Germania Farm Mutual Insurance Association and its subsidiaries: Germania Fire & Casualty Company, Germania Insurance Company and Germania Select Insurance Company. Collectively, these companies comprise Germania Mutual Group (Germania). Concurrently, AM Best has placed under revi

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Coinbase Global, Inc. Investors – COIN

Fri, 09/13/2024 - 12:25
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 the securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 25, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Coinbase investors under the federal securities laws. To join the Coinbase class action, go to https://rosenlegal.com/submit-form/?case_id=28116 or call Phillip Kim, E

ZoomInfo Data Reveals Best and Worst Times of Year to Send Email

Fri, 09/13/2024 - 12:25
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo published an analysis of millions of global emails that reveals the best and worst times to reach email recipients.

AM Best Revises Outlooks to Negative for Oxford Life Insurance Company and Its Subsidiary

Fri, 09/13/2024 - 12:25
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ), and its subsidiary, Christian Fidelity Life Insurance Company (Dallas, TX), which are collectively referred to as Oxford Group. These companies are owned by the group’s ultimate parent, U-Haul Holding Company [NYSE: UHAL, UHAL.B]

The LA Galaxy, DIgnity Health Sports Park and Modelo® Raise a Glass to Decade-Long Partnership With Multi-year Renewal

Fri, 09/13/2024 - 12:25
LOS ANGELES--(BUSINESS WIRE)--LA Galaxy and Dignity Health Sports Park are extending their partnership with Modelo as the Exclusive Import Beer Sponsor of the LA Galaxy and DHSP

11 Hicks Thomas Partners Earn Recognition in Lawdragon 500 Leading Litigators in America Guide

Fri, 09/13/2024 - 12:25
HOUSTON--(BUSINESS WIRE)--Eleven Hicks Thomas LLP partners have been named to the Lawdragon list of 500 Leading Litigators in America, a guide to the top defense lawyers in the country. Lawdragon describes this year’s honorees as “the best litigators the U.S. has to offer.” “These lawyers win hundreds of millions, billions even,” wrote Lawdragon publisher Katrina Dewey. “They win rights, or lose them. They win freedom, or lose it for someone. They have the abilities to change businesses and ent

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