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Citizens Against Government Waste Releases Issue Brief on Federal Budget Reform
WASHINGTON--(BUSINESS WIRE)-- #GovWaste--CAGW's new issue brief details how the congressional budget process has been an abject failure and is long overdue for reform.
PTMN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Portman Ridge Finance Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Portman Ridge Finance Corporation (NASDAQ: PTMN) and Logan Ridge Finance Corporation is fair to Portman shareholders. Halper Sadeh encourages Portman 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 whether Portman an
LRFC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Logan Ridge Finance Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Logan Ridge Finance Corporation (NASDAQ: LRFC) to Portman Ridge Finance Corporation for 1.50 newly issued shares of Portman common stock in exchange for each share of common stock of Logan Ridge is fair to Logan Ridge shareholders. Halper Sadeh encourages Logan Ridge shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper
NASDAQ: EA Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Electronic Arts Inc. (NASDAQ: EA) Investors with Significant Losses to Contact the Firm
RADNOR, Pa.--(BUSINESS WIRE)--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 Electronic Arts Inc. (NASDAQ: EA) (“EA”). On January 22, 2025, after the close of trading, EA announced its preliminary results for the third fiscal quarter and a revised outlook for the fiscal year ending March 31, 2025. Specifically, EA revealed that the “initial guidance for fiscal year 202
CITIZENS FOR JUDICIAL FAIRNESS WARNS DELAWARE LEADERS OF CHANCERY OVERREACH IMPACT TO $2 BILLION CORPORATE ECONOMY AS META PREPARES FOR “DEXIT”
WILMINGTON, Del.--(BUSINESS WIRE)--Today, the Wall Street Journal and the New York Times reported that Meta, a company worth $1.7 trillion, plans to move their incorporation out of Delaware in response to Chancery Court overreach. The move follows the Chancery Court’s most obvious overreaching rulings in the Court’s history when they forced TransPerfect to pay more than $50 million in undocumented legal fees to local law firms and more recently, approved $354 million in fees to law firms in the
INTEGRAL AD SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Integral Ad Science Holding Corp. - IAS
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 31, 2025 to file lead plaintiff applications in a securities class action lawsuit against Integral Ad Science Holding Corp. (the “Company”) (NasdaqGS: IAS), if they purchased the Company’s shares between March 2, 2023 and February 27, 2024, inclusive (the “Class Period”). This action is pending in the United Sta
TIXT Investors Have Opportunity to Lead TELUS International (Cda) Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--TIXT Investors Have Opportunity to Lead TELUS International (Cda) Inc. Securities Fraud Lawsuit with the Schall Law Firm
GO Investors Have Opportunity to Lead Grocery Outlet Holding Corp. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--GO Investors Have Opportunity to Lead Grocery Outlet Holding Corp. Securities Fraud Lawsuit with the Schall Law Firm
KBRA Releases Research – Retail Sales and Hiring Firm in December as Q4 GDP Slows to 2.3%
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining solid December retail sales and employment growth. The report evaluates these trends amid moderating but still strong Q4 GDP growth and continued softness in state sales tax receipts. Click here to view the report. Recent Publications Retail Sales Stay Warm in October While Employment Cools Van Hesser's 3 Things in Credit: A Weekly Podcast About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the
FIVE9 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Five9, Inc. - FIVN
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 3, 2025 to file lead plaintiff applications in a securities class action lawsuit against Five9, Inc. (the “Company”) (NasdaqGM: FIVN), if they purchased the Company’s securities, including call options, between June 4, 2024 and August 8, 2024, inclusive (the “Class Period”). This action is pending in the
SYMBOTIC 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Symbotic Inc. - SYM
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 3, 2025 to file lead plaintiff applications in a securities class action lawsuit against Symbotic Inc. (the “Company”) (NasdaqGM: SYM), if they purchased the Company’s securities between February 8, 2024 and November 26, 2024, inclusive (the “Class Period”). This action is pending in the United States Dis
VanEck Announces HODL Share Split
NEW YORK--(BUSINESS WIRE)--VanEck is announcing a 4-for-1 forward stock split for the VanEck Bitcoin ETF (HODL).
PSNY Investors Have Opportunity to Lead Polestar Automotive Holding UK PLC Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--PSNY Investors Have Opportunity to Lead Polestar Automotive Holding UK PLC Securities Fraud Lawsuit with the Schall Law Firm
GAMCO Supports Matthews International’s Nominees at 2025 Annual Meeting
GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), along with certain other affiliates, collectively owns approximately 4.39% of the outstanding common stock of Matthews International Corporation (NasdaqGS: MATW) (“Matthews” or the “Company”) on behalf of its clients. GAMCO understands that Barington Companies Equity Partners, L.P. (“Barington”) has notified Matthews of its intent to nominate three candidates for electi
KBRA Assigns Preliminary Ratings to Velocity Commercial Capital 2025-1 (VCC 2025-1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 12 classes of Velocity Commercial Capital 2025-1 (VCC 2025-1) mortgage-backed certificates. VCC 2025-1 is a $351.6 million securitization collateralized by 791 small balance commercial loans secured by mortgages on 855 residential rental or commercial real estate (CRE) properties. The pool is comprised of 790 fixed rate mortgages and one floating rate mortgage. The loans have an average outstanding principal balance of $444,477 and
Grant & Eisenhofer Files Class Action Lawsuit Against Target Corporation on Behalf of Pension Fund
NEW YORK--(BUSINESS WIRE)--Institutional investor City of Riviera Beach Police Pension Fund filed a class action lawsuit today against Target Corporation (“Target” or the “Company”), Target’s CEO Brian C. Cornell, and current and former members of Target’s Board of Directors, David P. Abney, Douglas M. Baker, Jr., George S. Barrett, Gail K. Boudreaux, Robert L. Edwards, Melanie L. Healey, Donald R. Knauss, Christine A. Leahy, Monica C. Lozano, Grace Puma, Derica W. Rice, and Dmitri L. Stockton.
Ocean Bank Reports Record Assets
MIAMI--(BUSINESS WIRE)--Ocean Bank announced today record assets, loans, deposits and stockholder’s equity for the year ended Dec. 31, 2024. Total assets grew $276 million, or 4 percent, during the year, rising to $6.72 billion on total loans of $5.53 billion, a 10 percent increase during the year. The bank reported net income of $59.9 million –– $14.5 million in the fourth quarter –– bringing stockholder’s equity to $634.1 million “We had another very successful year as we dealt with fluctuati
KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstanding share of the Company’s 6.50% Series A Cumulative Redeemable Preferred Stock, which represents an annual dividend of $1.625 per share. The dividend is payable on March 14, 2025 to KREF’s preferred stockholders of record as of February 28, 2025. About KKR Real Estate Finance Trust Inc. KREF is
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 12, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 11:00 a.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2024 financial results. All interested parti