Feed aggregator

Securities Fraud Investigation Into Zynex, Inc. (ZYXI) Continues – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Wed, 03/19/2025 - 23:02
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Zynex, Inc. (“Zynex” or the “Company”) (NASDAQ: ZYXI) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ZYNEX, INC. (ZYXI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 11, 2025, after market hours, Zynex released its fourth quarter and full

Kirby McInerney LLP Reminds TransMedics Group, Inc. (TMDX) Investors of Securities Class Action Lawsuit and Encourages Investors to Contact the Firm

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
NEW YORK--(BUSINESS WIRE)---- $TMDX #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors who purchased TransMedics Group, Inc. (“TransMedics” or the “Company”) (NASDAQ:TMDX) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to the securities fraud class action lawsuit against the Company. [LEARN MORE ABOUT THE CLASS ACTION] The lawsuit was filed on behalf of investors wh

Securities Fraud Investigation Into Fortrea Holdings Inc. (FTRE) Continues – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Fortrea Holdings Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTREA HOLDINGS INC. (FTRE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is the Investigation About? On March 3, 2025, Fortrea released its fourth quarter and fu

SoftBank Group to Acquire Ampere Computing

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
TOKYO & SANTA CLARA, Calif.--(BUSINESS WIRE)--SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name. As part of the transaction, Ampere’s lead investors – Carlyle (NASDAQ: CG) and Oracle Corp. (NYSE: ORCL) – are selling their re

Lithium Royalty Corp. Completes Partial Sale of Tres Quebradas Royalty to Triple Flag Precious Metals for $28 million (~C$40 million)

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
TORONTO--(BUSINESS WIRE)---- $LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) is pleased to announce that it has completed the partial sale of its Tres Quebradas royalty to Triple Flag Precious Metals Corp. (“Triple Flag”) and has received total cash consideration of $28 million, originally announced on December 17, 2024. Ernie Ortiz, LRC’s President and CEO said, “This transaction allows LRC to rebalance its portfolio, replenish its balance sheet, and sell only a portion of a royalty fo

GERN ALERT: Kirby McInerney LLP Reminds Geron Corporation Investors of Securities Class Action

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
NEW YORK--(BUSINESS WIRE)---- $GERN #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Geron Corporation (“Geron” or the “Company”) (NASDAQ: GERN) securities during the period from June 7, 2024, through February 25, 2025 (“the Class Period”). Investors have until May 12, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN MORE A

PRA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ProAssurance Corporation Is Fair to Shareholders

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ProAssurance Corporation (NYSE: PRA) to The Doctors Company for $25.00 in cash per share is fair to ProAssurance shareholders. Halper Sadeh encourages ProAssurance shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whethe

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of The Bancorp, Inc. (TBBK) Investors

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
NEW YORK--(BUSINESS WIRE)---- $TBBK #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Delaware on behalf of those who acquired The Bancorp, Inc. (“Bancorp” or the “Company”) (NASDAQ:TBBK) securities during the period from January 25, 2024 through and including March 4, 2025 (“the Class Period”). The lawsuit asserts claims against Bancorp and some of its officers for violation of the federal securities laws. Investors h

Frazier Healthcare Partners Announces Strategic Minority Investment from Petershill at Goldman Sachs Alternatives

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners, a Seattle-based, healthcare-focused private capital firm, is pleased to announce a passive, minority investment from Petershill at Goldman Sachs Alternatives (“Petershill”). Terms of the transaction were not disclosed. Founded in 1991, Frazier Healthcare Partners (“Frazier”) has invested in more than 200 companies over 34 years. The firm recently closed its latest flagship fund, Frazier Healthcare Growth Buyout Fund XI, L.P. (“FHGB XI”), wh

Securities Fraud Investigation Into Xponential Fitness, Inc. (XPOF) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON XPONENTIAL FITNESS, INC. (XPOF), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 13, 2025, after market hours, Xponential issu

KBRA Assigns Preferred Stock Rating to Western Alliance's REIT subsidiary

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preferred stock rating of BBB to BW Real Estate, Inc. (BW Real Estate), a majority-owned REIT subsidiary of Western Alliance Bank ("the bank"), the principal operating subsidiary of Western Alliance Bancorporation (NYSE: WAL; “Western Alliance” or "the company"). Beyond the assigned rating, Western Alliance's other ratings, collectively, are unaffected by this action. Key Credit Considerations BW Real Estate’s preferred stock rating is principally drive

AM Best Comments on Credit Ratings of ProAssurance Group Members and ProAssurance Corporation Following Announced Acquisition by The Doctors Company Insurance Group

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the members of ProAssurance Group (ProAssurance) are unchanged following the March 19, 2025, announcement that all outstanding shares of ProAssurance Corporation (PRA) (NYSE: PRA) (Birmingham, AL) will be acquired by The Doctors Company Insurance Group (TDC Group). The outlook of ProAssurance’s Credit Ratings (ratings) is stable

Shareholder Alert: The Ademi Firm investigates whether ProAssurance Corporation is obtaining a Fair Price for its Public Shareholders

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating ProAssurance (NYSE: PRA) for possible breaches of fiduciary duty and other violations of law in its transaction with The Doctors Company. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, ProAssurance shareholders will receive only $25.00 in cash per share of ProAssurance common s

AM Best Comments on Credit Ratings of The Doctors Company Insurance Group Members Following Announced Acquisition of ProAssurance Corporation

Lastest from Businesswire - Wed, 03/19/2025 - 20:02
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the members of The Doctors Company Insurance Group (TDC Group) (Napa, CA) are unchanged following the March 19, 2025, announcement that TDC Group will acquire all outstanding shares of ProAssurance Corporation (PRA) (NYSE: PRA) (Birmingham, AL). The outlook of TDC Group’s Credit Ratings (ratings) is stable. The

Bakkt Reports Fourth Quarter and Full Year 2024 Results

Lastest from Businesswire - Wed, 03/19/2025 - 17:02
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt,” “Company,” “we” or “us”) (NYSE: BKKT) announced its financial and operational results for the quarter and full year ended December 31, 2024. CEO Comments: "2024 was a pivotal year for Bakkt as we successfully executed on our strategic priorities, delivered strong year-end results, and capitalized on the favorable macro conditions for the crypto industry," said Andy Main, CEO of Bakkt. "We achieved significant growth in our core cr

Nuveen Preferred Securities Closed-End Funds Announce Proposed Merger

Lastest from Businesswire - Wed, 03/19/2025 - 17:02
NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Preferred Securities & Income Opportunities Fund (NYSE: JPI) and Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) have approved a proposal to merge the funds. The proposed merger, if approved by shareholders, would combine JPI into JPC. The merger is intended to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares. The proposed merger of the funds is subje

Bakkt Announces Akshay Naheta as co-CEO of Bakkt and Strategic Partnership with Distributed Technologies Research

Lastest from Businesswire - Wed, 03/19/2025 - 17:02
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, effective March 21, 2025, it will bring on Akshay Naheta, a seasoned executive with a proven track record in the finance and technology industries, to serve as co-CEO of Bakkt, alongside Andy Main, current CEO. With over 20 years of experience, Akshay brings an intricate understanding of blockchain, financial markets, and payment systems to Bakkt. Previously, he held senior executive roles at SoftBank Grou

Intercontinental Exchange Sets Date for 2025 Virtual Annual Meeting of Stockholders

Lastest from Businesswire - Wed, 03/19/2025 - 17:02
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, will hold its 2025 Annual Meeting of Stockholders virtually on Friday, May 16, 2025 at 8:30 a.m. Eastern Time. Stockholders of record as of the close of business on Thursday, March 20, 2025 are entitled to participate in, vote and submit questions at the Annual Meeting. Stockholders will also be able to submit questions in advance of the meeting at proxyvote.com be

Colony Bankcorp, Inc. Announces Retirement of Director Edward P. Loomis, Jr.

Lastest from Businesswire - Wed, 03/19/2025 - 17:02
FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today announced that Edward P. Loomis, Jr. will retire from the Board of Directors of both the Company and its wholly-owned banking subsidiary, Colony Bank, effective May 22, 2025. Loomis, an experienced executive officer, served as President and Chief Executive Officer of the Company and Colony Bank from May 2012 until his retirement in July 2018. During his tenure, he steered Colony out of the rec

The Doctors Company to Acquire ProAssurance Corporation for $25.00 per Share in Cash

Lastest from Businesswire - Wed, 03/19/2025 - 17:02
NAPA, Calif. & BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, and ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical liability, products liability for medical technology and life sciences, and workers’ compensation insurance, today announced that they have entered into a definitive agreement under which ProAssurance will be acquired by The Doctors Company. Unde

Pages