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NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors, LLC (“Octagon,” “we” or “our”), a leading credit-focused asset manager with over 30 years of experience, issued the following statement regarding today’s adjournment of the special meeting of shareholders (the “Special Meeting”) of XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or “XFLT”). Gretchen Lam, Octagon’s Chief Executive Officer, said: XFLT

NEW YORK--(BUSINESS WIRE)---- $CAPR #BFA--Capricor Therapeutics Stock Plummets Over 64% After FDA Briefing Documents Raise Concerns, Triggering Securities Fraud Investigation by BFA Law

LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages PROCEPT BioRobotics Corporation (PRCT) Shareholders To Inquire About Securities Fraud Class Action

LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Wix.com Ltd. (WIX) Shareholders To Inquire About Securities Fraud Class Action

NEW YORK & 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 Simulations Plus, Inc. (NasdaqGS: SLP) to affiliates of Altaris, LLC. Under the terms of the proposed transaction, shareholders of Simulations will receive $18.50 in cash for each share of Simulations that they own. KSF is seeking to determine whether this consideration and the process that led to i

NEW YORK & 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 RE/MAX Holdings, Inc. (NYSE: RMAX) to The Real Brokerage Inc. (NasdaqCM: REAX). Under the terms of the proposed transaction, shareholders of RE/MAX will receive either 5.152 shares of the combined company or $13.80 in cash (subject to proration) for each share of RE/MAX that they own. KSF is seeking

NEW YORK--(BUSINESS WIRE)--Ellis, the first-of-its-kind AI-native operations platform for private credit, launched today with more than $10 million in seed funding closed. First Round Capital led the financing with participation from a group of prominent operators and investors, including 645 Ventures, Harlem Capital, Khosla Ventures, Slow Ventures, Wilshire Lane, Westbound, Collide Capital, Gallery Ventures, Ariel Alternatives CEO Mellody Hobson, Thrive Capital Founder Josh Kushner, Mercury Fo

SAN FRANCISCO--(BUSINESS WIRE)--Just 2,000 elite Forward Deployed Engineers (FDEs) in the United States have the experience required to consistently turn enterprise AI into measurable ROI, according to a new study from executive search firm Christian & Timbers.The six-month study projects demand for FDEs overall will increase approximately 2,100% by the end of 2026, as Microsoft, AWS, OpenAI, Anthropic and others rapidly expand enterprise AI deployment organizations. Yet fewer than one in fi

PHILO, Calif.--(BUSINESS WIRE)--The Roederer Collection USA, home to some of California's most celebrated wine estates across Sonoma County, Napa Valley, and Anderson Valley, today announced Angie Vetter as its new Director of Marketing. In her new role, Angie will oversee consumer and trade marketing, public relations, and digital strategy for Roederer Estate, Merry Edwards Winery, Scharffenberger Cellars, and Domaine Anderson. Working closely with winery leadership, sales, and hospitality tea

NEW YORK--(BUSINESS WIRE)--Magic Molecule, a leading hypochlorous acid skincare brand from Magic Science Corporation, today announced that its bestselling Daily Skin Spray will be sold at more than 4,500 Walmart stores nationwide and on Walmart.com, bringing Magic Molecule’s retail footprint to more than 16,500 locations across the country. Available in both 3.4-ounce and 8-ounce sizes, the FDA-cleared Daily Skin Spray started rolling out to Walmart’s skincare department this week. The nationwi

SENECA, S.C.--(BUSINESS WIRE)--Oconee Federal Financial Corp. (OTCQX: OFED) (the “Company”), the holding company for Oconee Federal Savings and Loan Association, announced an authorized stock repurchase program pursuant to which the Company intends to purchase up to 150,000 of its issued and outstanding shares of common stock, which represents approximately 2.86% of the Company’s issued and outstanding shares. The timing of the purchases will depend on certain factors, including but not limited

RESTON, Va.--(BUSINESS WIRE)-- #FederalIT--TekSynap, a leading provider of IT solutions supporting government and defense missions, today announced the appointment of Brent Newman as Vice President of Employment.Newman brings extensive experience in strategic recruiting, talent acquisition, and workforce development, with a demonstrated history of supporting Federal Government contracts, internal corporate services, and commercial programs. Over more than 13 years in the industry, he has built a strong reput

CHICAGO--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) recently increased the available subsidy for its Mortgage Partnership Finance® (MPF®) Habitat for Humanity® Program to $3 million. In addition, FHLBank Chicago raised the program’s member limit from $1 million to $2 million in unpaid principal balance (UPB). The increases create additional capacity for approved member financial institutions to provide below-market mortgage financing to eligible homebuyers working

NEW YORK--(BUSINESS WIRE)-- #AI--Delfi joins Circuit Accelerator to bring agentic AI balance sheet decisioning and capital markets tools to credit unions and their finance teams.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Hims & Hers Health, Inc. (“Hims” or the “Company”) (NYSE: HIMS) investors concerning the Company’s possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON HIMS & HERS HEALTH, INC. (HIMS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What H

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of QBE Europe SA/NV (Belgium), QBE UK Limited (United Kingdom), QBE Capital (Global) Ltd. (Bermuda), QBE Capital Ltd. (Bermuda) and the pooled members of QBE North America Insurance Group (see list below). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia) [ASX: QBE], the non-op

LOS ANGELES--(BUSINESS WIRE)--Kingswood Capital Management, L.P. (together with its affiliates, “Kingswood”), a Los Angeles-based investment firm focused on the middle-market, today announced the final closing of Kingswood Capital Opportunities Fund IV, L.P. (together with its parallel fund, “Fund IV”), with total capital commitments of $3.1 billion, as well as Kingswood Capital Opportunities Small Cap Fund I, L.P. (together with its parallel fund, “Small Cap Fund I”), with total capital commit

SAN DIEGO--(BUSINESS WIRE)-- #CAPR--Johnson Fistel, PLLP is investigating whether Capricor Therapeutics, Inc. (“Capricor” or the “Company”) (NASDAQ: CAPR) or certain of its officers and directors violated federal securities laws by misrepresenting or failing to timely disclose material information to investors. What if I purchased Capricor securities? If you purchased Capricor securities and suffered losses on your investment, you may join our investigation now: Click Here to Join the Investigation. Or

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the members of The Hartford Steam Boiler Group (HSB). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and their ratings.) The ratings reflect HSB’s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating perform

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Wix.com Ltd. (Wix) (NASDAQ: WIX) on behalf of those who purchased or acquired Wix securities between February 19, 2025 and May 12, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of Illinois and is captioned Yappi v. Wix