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Labaton Keller Sucharow LLP Files Securities Class Action Lawsuit Against The Trade Desk, Inc. and Certain of Its Executives
NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) announces that, on March 5, 2025, it filed a securities class action lawsuit (the “Complaint”) on behalf of its client New England Teamsters Pension Fund (“New England Teamsters”) against The Trade Desk, Inc. (“Trade Desk” or the “Company”) (NASDAQ: TTD) and certain Trade Desk officers (collectively, “Defendants”). This action, which is captioned New England Teamsters Pension Fund v. The Trade Desk, Inc., No. 2:25-cv-01936 (C.D.
A-CAP Secures Second Significant Legal Outcome in Recent Weeks
SALT LAKE CITY--(BUSINESS WIRE)--A-CAP Group (“A-CAP” or “The Company”), a New York-based insurance and financial services company with over $12 billion in assets, today announced that on February 14, 2025 the Utah Insurance Department agreed to stay the December 2nd Emergency Order regarding Sentinel Security Life Insurance Company (Sentinel), Haymarket Insurance Company (Haymarket), and Jazz Reinsurance Company (Jazz). Based on Department’s agreement, Administrative Law Judge Donald H. Hansen
Securities Fraud Investigation Into The Bancorp, Inc. (TBBK) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of The Bancorp, Inc. (“TBBK” or the “Company”) (NASDAQ: TBBK) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON THE BANCORP, INC. (TBBK), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On March 21, 2
Securities Fraud Investigation Into Ingram Micro Holding Corporation (INGM) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Ingram Micro Holding Corporation (“Ingram” or the “Company”) (NYSE: INGM) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON INGRAM MICRO HOLDING CORPORATION (INGM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 24, 2024, Ingram conducted its
Hercules Capital Prices $250.0 Million of Convertible Unsecured Notes
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has agreed to sell to the initial purchasers in a private offering, $250.0 million aggregate principal amount of its 4.75% Convertible Unsecured Notes due 2028 (the “Convertible Notes”). The Company also has granted the initial purchasers an option to purchase up to an additional $37.5 million principal amount of the Convertible Notes to cover overallotments, if any. Th
SWKS ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Skyworks Solutions, Inc. Investors
NEW YORK--(BUSINESS WIRE)---- $SWKS #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 Central District of California on behalf of those who acquired Skyworks Solutions, Inc. (“Skyworks” or the “Company”) (NASDAQ:SWKS) securities during the period from July 30, 2024, through February 5, 2025 (“the Class Period”). Investors have until May 5, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN MORE AB
MRVI ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Maravai Lifesciences Holdings, Inc. Investors
NEW YORK--(BUSINESS WIRE)---- $MRVI #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 Southern District of California on behalf of those who acquired Maravai Lifesciences Holdings, Inc. (“Maravai” or the “Company”) (NASDAQ:MRVI) securities during the period from August 7, 2024, through February 24, 2025 (“the Class Period”). Investors have until May 5, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [
Brian Brooks to Join Axelar Foundation's Newly Formed Institutional Advisory Board
NEW YORK--(BUSINESS WIRE)---- $AXL #axelar--Axelar Foundation today announces it has appointed Brian Brooks, a leader in advancing regulatory clarity and institutional adoption of blockchain technology, to its newly formed Institutional Advisory Board. Axelar Foundation is the nonprofit organization established to support growth and adoption of Axelar Network, a decentralized blockchain interoperability platform. "Digitization and tokenization of financial assets such as stablecoins and real-world assets is cri
Colorado BioScience Association Appoints Four Ecosystem Leaders to Board of Directors
DENVER--(BUSINESS WIRE)--Colorado BioScience Association announces new board of directors members.
KBRA Credit Profile Releases CREFC High-Yield, Distressed Assets, & Servicing Conference 2025 Recap
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA Credit Profile (KCP), a division of KBRA Analytics, attended the Commercial Real Estate Finance Council’s (CREFC) annual High-Yield, Distressed Assets, & Servicing Conference, held in New York City on March 4. Over 300 commercial real estate (CRE) professionals attended the event, which comprised five panels and a one-one-one discussion. Key Takeaways Persistent inflation concerns and the possibility of stagflation continue to weigh on market sentiment, highl
General Mills Announces Long-time Senior Executive Jon Nudi to Retire
MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today announced Jon Nudi, Group President, North America Pet, International, and North America Foodservice, will retire on June 30, 2025, following a highly successful career with the company spanning more than three decades. Liz Mascolo, currently President for North America Blue Buffalo, will be promoted to Segment President, North America Pet and join the General Mills Senior Leadership Team effective March 16, 2025. “Jon will leave a l
NYSE to Commence Delisting Proceedings Against Pinstripes Holdings Inc. (PNST)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of Pinstripes Holdings Inc. (the “Company”) — ticker symbol PNST — from the NYSE. Trading in the Company’s Class A common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s Class A common stock pursuant to Section 802.01B of the NYSE’s Listed Compa
Scott+Scott Attorneys at Law LLP Announces Parties Provide Notice of Proposed Dismissal of Defendant from Stockholder Derivative Action
WILMINGTON, Del.--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP announces that Plaintiffs in the below-entitled action concerning Meta Platforms, Inc. (META) are releasing the following notice pursuant to an order of the Delaware Court of Chancery. IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE FACEBOOK, INC. DERIVATIVE LITIGATION CONSOLIDATED C.A. No. 2018-0307-JTL NOTICE OF PROPOSED DISMISSAL WITH PREJUDICE OF DEFENDANT JAN KOUM TO: ALL CURRENT STOCKHOLDERS OF META PLATFORM
KKR Real Estate Finance Trust Inc. Announces Closing of New $550 Million Senior Secured Term Loan B
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it closed on a Term Loan B (the “New Term Loan B”) for an aggregate principal amount of $550 million due in 2032. KREF intends to use the net proceeds from the New Term Loan B to repay the existing Term Loan B due in 2027, repay other indebtedness and for general corporate purposes. The New Term Loan B priced at 99.875% and bears interest at SOFR plus 325 basis points. Patrick Mattson, Presi
NASDAQ: EU Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages enCore Energy Corp. (NASDAQ: EU) Investors with Significant Losses to Contact the Firm
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 enCore Energy Corp. (NASDAQ: EU) (“enCore”). On March 3, 2025, enCore reported disappointing financial results for the quarter ended December 31, 2024. Specifically, enCore reported a net loss of $61.3 million compared to a $25.6 million net loss for fiscal 2023. enCore also revealed that its
Cross Country Healthcare Announces Fourth Quarter and Full Year 2024 Financial Results
BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) today announced financial results for its fourth quarter and full year ended December 31, 2024. SELECTED FINANCIAL INFORMATION: Dollars are in thousands, except per share amounts Q4 2024 Variance Q4 2024 vs Q4 2023 Variance Q4 2024 vs Q3 2024 Full Year 2024 Variance 2024 vs 2023 Revenue $ 309,940 (25 ) % (2 ) % $ 1,344,004 (33 ) % Gross profit margin* 20.0 % (190 ) bps (40 )
KBRA Assigns Preliminary Ratings to OBX 2025-NQM4 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-NQM4 Trust, a $625.8 million non-prime RMBS transaction. The underlying collateral, comprising 1,112 residential mortgages, is characterized by a notable concentration of alternative income documentation (90.0%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (47.1%) or exempt (37.5%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being
TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2024 Financial Results
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024 and the declaration by its Board of Directors of its first quarter 2025 distribution of $0.30 per share
Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on February 28, 2025 based on the Trust’s calculation of net profits generated during December 2024 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As furth
MetLife Confirms First Quarter 2025 Series A Preferred Stock Dividend
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has confirmed its previously announced declaration of the first quarter 2025 dividend of $0.35516415 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). The New York Stock Exchange has not yet set an ex-dividend date for the Series A preferred stock. Following this confirmatory announcement, the New York Stock Exchange will s