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Virtus Investment Partners Reports Preliminary March 31, 2024 Assets Under Management

Tue, 04/09/2024 - 16:34
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $179.3 billion as of March 31, 2024. The increase from December 31, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially offset by net outflows in institutional accounts and open-end funds. In addition, the company provided services to $2.7 billion of other fee-earning assets, which are not included in assets under man

Arista Networks to Announce Q1 2024 Financial Results on Tuesday, May 7th, 2024

Tue, 04/09/2024 - 16:34
SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended March 31st, 2024 after U.S. markets close on Tuesday, May 7th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista’s executive management team will host a conference call on May 7th, beginning at 1:30 p.m. PT (4:

Porch Group Announces Inspection Product Enhancements and Price Increases

Tue, 04/09/2024 - 16:34
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced product enhancements and price increases in its inspection software business. Inspection Support Network (“ISN”) is a market-leading SaaS solution for inspectors with easy-to-use tools. Along with other Porch inspection brands, together they processed approximately 40% of all U.S. home inspections in 2023. ISN also has Porch’s innovative a

Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives

Tue, 04/09/2024 - 16:34
PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (Performant), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced the strategic acquisition of key AI technology assets from RecordsOne, a technology company specializing in natural language processing and advanced domain analytics to enhance cost containment workflows within the healthcare

Federman & Sherwood Investigates Trustpoint Rehabilitation Hospital of Lubbock for Data Breach

Tue, 04/09/2024 - 16:34
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Trustpoint Rehabilitation Hospital of Lubbock for Data Breach

Federman & Sherwood Investigates Group Health Cooperative of South Central WI for Data Breach

Tue, 04/09/2024 - 16:34
OKLAHOMA CITY, Okla.--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Group Health Cooperative of South Central WI for Data Breach

University of Phoenix and Executive Networks Share Findings on Generative Artificial Intelligence in Learning & Development

Tue, 04/09/2024 - 16:34
PHOENIX--(BUSINESS WIRE)--University of Phoenix and Executive Networks are pleased to share the findings of their latest research study 2024 Generative AI Report: L&D’s Breakthrough Moment. Close to 1,000 human resource leaders and knowledge workers were surveyed on generative artificial intelligence (GenAI) in the learning and development (L&D) function. While HR and talent leaders indicated they are optimistic about GenAI – and keen to use it – knowledge workers are less confident. Wi

Federman & Sherwood Investigates SouthState Bank for Data Breach

Tue, 04/09/2024 - 16:34
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates SouthState Bank for Data Breach

D.A. Davidson Acts as Exclusive Financial Advisor to Crimson Steel Supply on Its Sale to White Cap

Tue, 04/09/2024 - 16:34
TULSA, Okla.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Crimson Steel Supply (“Crimson”), a portfolio company of Argonaut Private Equity (“Argonaut”), on its sale to White Cap (“White Cap”). Headquartered in Tulsa, Oklahoma, Crimson is a premier value-added distributor and fabricator of engineered steel rebar and structural steel products serving commercial, industrial, and infrastructure end-markets. Since its founding in 2010, Cr

HappyCo Unveils AI-Powered Centralized Maintenance Platform

Tue, 04/09/2024 - 16:34
SAN DIEGO--(BUSINESS WIRE)--HappyCo announced today the debut of Centralized Maintenance, marking an industry-first step towards transforming maintenance operations from a challenge into a strategic advantage for multifamily property owners and managers. Powered by its custom-trained artificial intelligence (AI) companion, aptly named JoyAI, the platform automates and optimizes everything from real-time scheduling and technician matching to 24/7 resident communications, intelligent inventory ma

Wyatt Bartel Appointed President of Lux Machina Consulting

Tue, 04/09/2024 - 16:34
LOS ANGELES--(BUSINESS WIRE)--NEP Group, the leading media services partner for content creators worldwide, has named Wyatt Bartel president of its virtual production company, Lux Machina Consulting (“LuxMC”). Bartel will report directly into the global head of NEP Live Events, Graham Andrews. Phil Galler, co-founder and principal of Lux Machina since 2013, has decided to shift his career focus to content creation, software and product development, and will continue working with the LuxMC team

Gateway Expands Private Wealth Division

Tue, 04/09/2024 - 16:34
TULSA, Okla.--(BUSINESS WIRE)--Gateway First Bank, one of the largest banking operations in Oklahoma, recently expanded Gateway Private Wealth services through a relationship with LPL Financial, a wealth management firm. Led by Managing Director Josh Randolph, services provided will include financial planning, estate, legacy, and philanthropic planning, investment management, and tax planning. LPL Financial is an industry-leading firm that helps financial institutions build exceptional wealth m

Federman & Sherwood Investigates Greylock McKinnon Associates, Inc. for Data Breach

Tue, 04/09/2024 - 16:34
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Greylock McKinnon Associates, Inc. for Data Breach

52 loanDepot Originators Recognized in 2024 Scotsman Guide Top Originators Rankings

Tue, 04/09/2024 - 16:34
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot is proud to announce that 52 of its retail loan originators have been recognized in Scotsman Guide’s Top Originators 2024 rankings.

Protective to Acquire ShelterPoint

Tue, 04/09/2024 - 16:34
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (“Dai-ichi”; TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire ShelterPoint Group, Inc., a leading provider of statutory disability, paid family and medical leave, as well as medical gap insurance products, among others. ShelterPoint Group, Inc. is the holding company of ShelterPoint Life

Worcester Polytechnic Institute Launches First-in-the-Nation Financial Technology PhD; Only University in the U.S. to Offer All Degree Levels in FinTech

Tue, 04/09/2024 - 16:34
WORCESTER, Mass.--(BUSINESS WIRE)--As the only university in the country to offer all degree levels in FinTech, WPI is committed to advancing education and research in this sector.

Robins Kaplan LLP Files Complaint Against Social Media Giants Meta, Snap, TikTok on Behalf of Spirit Lake Nation, Menominee Indian Tribe of Wisconsin

Tue, 04/09/2024 - 16:34
MINNEAPOLIS--(BUSINESS WIRE)--Today, Robins Kaplan LLP filed a first-of-its-kind lawsuit on behalf of the Spirit Lake Tribe in North Dakota and the Menominee Indian Tribe of Wisconsin against entities that include Facebook and Instagram parent company Meta Platforms, Inc., Snap Inc., TikTok parent company ByteDance, and Alphabet Inc., which owns YouTube and Google. The complaint alleges that rampant social media addiction for Native American teenagers is contributing to suicide rates that are s

Best’s Insurance Law Podcast Investigates Advantages of Mediation and Alternative Dispute Resolution in Resolving Claims

Tue, 04/09/2024 - 16:34
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best and Best’s Insurance Professional Resources have released the latest installment of the Best's Insurance Law Podcast series, which examines timely insurance issues from a legal perspective. The latest episode features attorney Greg Lewis from the law firm Vernis & Bowling of Charlotte, NC, as he discusses the advantage of alternative dispute resolution in the litigation process. Vernis & Bowling is a Qualified Member in Best’s Insurance Profession

Customers Bank Onboards 10 Experienced Banking Teams and Accelerates Deposit Transformation; Builds Prominence on East, West Coasts

Tue, 04/09/2024 - 16:34
MALVERN, Pa.--(BUSINESS WIRE)---- $CUBI #FinTech--Customers Bank onboarded new commercial and business banking teams in NY, CA and NV. The hiring drive is expected to accelerate the bank’s growth.

Industrial Outdoor Storage Platform, Catalyst Investment Partners, Grows Team to 20 Professionals

Tue, 04/09/2024 - 13:34
NEW YORK--(BUSINESS WIRE)--Catalyst Investment Partners, a leading IOS-focused investment manager, has hired five new IOS professionals to its team. “We are delighted to add such talented real estate professionals to our growing team,” said Max Heiden, Co-Founder and Partner at Catalyst. “This personnel growth is yet another example of Catalyst investing resources into our platform in order to maximize value for our institutional investor base.” Recently added team members include: Drew Miles,

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