Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today the expiration and preliminary results of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) tender offer (a “Tender Offer”) for up to 50% of its outstanding common shares (the “Shares”). The Tender Offer commenced on October 15, 2024 and expired at 5:00 p.m. Eastern time on November 15, 2024. Based on preliminary information, the number of Shares properly tendered for the Fund and not withdrawn is noted

LOS ANGELES--(BUSINESS WIRE)--ASML Investors Have Opportunity to Lead ASML Holding N.V. Securities Fraud Lawsuit With the Schall Law Firm

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming January 13, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of PACS Group, Inc. (“PACS Group” or the “Company”) (NYSE: PACS) investors who purchased: (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s April 11, 2024 initial public offering (“IPO” or the

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Hasbro, Inc. (“Hasbro” or the “Company”) (NASDAQ: HAS) investors concerning the Company’s possible violations of federal securities laws. On January 26, 2023, Hasbro disclosed that its fourth quarter 2022 financial results would see revenue lowered by 17% year-over-year and that, to combat weakening sales, the Company planned to lay off 15% of its global workforce. Further, the Company announc

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of DENTSPLY SIRONA Inc. (NASDAQ: XRAY) (“DENTSPLY”). On October 24, 2024, DENTSPLY issued a press release "announc[ing] the voluntary suspension of sales and marketing of its Byte Aligners and Impression Kits while the Company conducts a review of certain regulatory requirements related to these

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of mortgage pass-through certificates from HOMES 2024-NQM2 Trust, the first to be rated by KBRA. The $374.6 million RMBS transaction is collateralized by a pool of 659 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 92.6% and 7.4% of the pool, respectively. The deal includes a meaningful concentration (90.1%) of collateral that KBRA considers to be “non-prime

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 Owlet, Inc. f/k/a Sandbridge Acquisition Corporation (NYSE: OWLT). On October 4, 2021, the Company disclosed the receipt of a warning letter from the U.S. Food and Drug Administration (“FDA”) stating that “the Company’s marketing of its Owlet Smart Sock product . . . renders [it] a

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed”). On November 6, 2024, during after-market hours, Reuters published an article entitled “Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink.” Specifically, the article stated that Wolfspeed “forecast quarterly revenue

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 ICC Holdings, Inc. (NasdaqCM: ICCH) to Mutual Capital Group, Inc. Under the terms of the proposed transaction, shareholders of ICC will receive $23.50 in cash for each share of ICC that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the

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 Bally’s Corporation (NYSE: BALY) to Standard General L.P. Under the terms of the proposed transaction, shareholders of Bally’s will receive $18.25 in cash for each share of Bally’s that they own. In lieu of receiving the cash consideration, Bally’s shareholders may elect to retain all or a portion of their Bal

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 Evans Bancorp, Inc. (NYSE: EVBN) to NBT Bancorp Inc. (NYSE: NBTB). Under the terms of the proposed transaction, shareholders of Evans will receive 0.91 shares of NBT for each share of Evans that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whe

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 Sterling Bank and Trust, F.S.B. (the “Bank”), a wholly owned subsidiary of Sterling Bancorp, Inc. (“Sterling” or the “Company”) (NasdaqCM: SBT), to EverBank Financial Corp. Under the terms of the proposed transaction, EverBank would acquire all of the capital stock of the Bank from the Company for fixed cash c

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Zeta Global Holdings Corp. (“Zeta” or the “Company”) (NYSE: ZETA) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Zeta investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities la

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 Smartsheet Inc. (NYSE: SMAR) to funds managed by Blackstone and Vista Equity Partners. Under the terms of the proposed transaction, shareholders of Smartsheet will receive $56.50 in cash for each share of Smartsheet that they own. KSF is seeking to determine whether this consideration and the process that led

WHIPPANY, N.J.--(BUSINESS WIRE)--Today, the jury reached a verdict in favor of Monsanto in the Womack Roundup™ product liability trial before Judge Michael Erdos in the Philadelphia Court of Common Pleas. In response to the decision, Monsanto issued the following statement: “The jury’s verdict in favor of the Company marks the 15th favorable outcome in the last 22 trials, including three in the PCCP, and validates the Company’s strategy of taking cases to trial based on strong scientific and re

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming January 13, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of PACS Group, Inc. (“PACS Group” or the “Company”) (NYSE: PACS) investors who purchased: (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s April 11, 2024 initial public offering

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Hasbro, Inc. (“Hasbro” or the “Company”) (NASDAQ: HAS) 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 January 26, 2023, Hasbro disclosed that its fourth quarter 2022 financial results would see revenue lowered by 17% year-over-year and that, to combat weakening sales, the Company

SHEPHERDSTOWN, W. Va.--(BUSINESS WIRE)--JSB Financial Inc. (OTCPink: JFWV) reported net income of $2.0 million for the quarter ended September 30, 2024, representing an increase of $1.3 million when compared to $643 thousand for the quarter ended September 30, 2023. Basic and diluted earnings per common share were $7.64 and $2.33 for the third quarter of 2024 and 2023, respectively. The third quarter results include the recognition of an interest recovery totaling $1.3 million, a recovery to th

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Thoma Bravo Credit Asset Funding, ABS, LLC (“TBCAF 2023-1R”), a cash flow collateralized debt obligation backed by a diversified portfolio of a static portfolio of recurring revenue loans (“RRLs”, also known as “late-stage lending loans”) and middle market loans (“MMLs”). TBCAF 2023-1R is a $456.3 million securitization managed by Thoma Bravo Credit Partners II, L.P. (“Thoma Bravo” or the “Collateral

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to BlackRock Private Credit Fund's (“BDEBT” or “the company”) $125 million senior unsecured notes due in 2027 and 2030. The notes comprise a $70 million, 7.14% tranche and a $55 million, 7.33% tranche with maturities of November 18, 2027, and January 22, 2030, respectively. The rating Outlook is Stable. The proceeds will be used for general corporate purposes. Key Credit Considerations The rating and Stable Outlook are supported by BDEBT’