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Santa Clara County Counsel Files Landmark Civil Prosecution Taking On Meta’s Role in Massive Consumer Fraud
SANTA CLARA COUNTY, Calif.--(BUSINESS WIRE)--Santa Clara County Counsel Tony LoPresti filed a landmark civil prosecution against Meta Platforms, Inc. The action, which is the first brought in California and the first brought by a local civil prosecutor in the nation, alleges that Meta knowingly facilitates and profits from billions of scam advertisements on its popular Facebook and Instagram platforms that defraud seniors and families and squeeze legitimate small businesses out of fair access t
ProShares Announces ETF Share Splits
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 17 of its ETFs.
Cove Capital Investments, LLC Fully Subscribes Debt-Free Cove Diversified Portfolio 88 DST
LOS ANGELES--(BUSINESS WIRE)--Cove Capital Investments, LLC announced its Cove Diversified Portfolio 88 DST, a Regulation D Rule 506(c) offering, is fully subscribed. The total equity raised was $27,689,229. The all-cash, debt-free DST structure was designed to potentially mitigate the risk of lender foreclosure or cash flow sweeps. "We thank our clients and the entire Cove selling group," said Dwight Kay, Managing Member and Founding Partner. "Cove Capital is now considered one of the largest
PLNT Investigation: BFA Law Announces Planet Fitness Investigation on behalf of Investors after 31% Stock Drop – Contact BFA Law if You Lost Money
NEW YORK--(BUSINESS WIRE)---- $PLNT #BFA--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Planet Fitness, Inc. (NYSE:PLNT) for potential securities fraud after its significant stock drop. If you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit. Key Details of the Planet Fitness ($PLNT) Class Action Investigation: Investigation Overview: Securities fraud regard
Walker & Dunlop 2026 HUD Outlook: HUD Moves From Backup Plan to First Look
BETHESDA, Md.--(BUSINESS WIRE)--As a leader in HUD financing, Walker & Dunlop, Inc. shares emerging news and regulatory updates in its newly published 2026 HUD Outlook, “Modernization, Competitiveness, and Strategic Opportunity.” The report comes as HUD recently issued its Mortgagee Letter aimed at reducing friction and improving execution for FHA-insured transactions, further strengthening its position as a competitive financing solution for multifamily and seniors housing investors. After
FORWARD AIR CORPORATION INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Forward Air Corporation (“Forward Air” or the “Company”) (NASDAQ:FWRD). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On May 7, 2026, Forward Air reported its first quarter 2026 financial results and provided a
Stonepeak to Acquire BMO Transportation and Vendor Finance
NEW YORK & TORONTO--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and BMO Financial Group (TSX: BMO) (NYSE: BMO), the eighth largest bank in North America by assets, today announced that they have reached an agreement whereby Stonepeak will acquire BMO’s Transportation Finance and Vendor Finance businesses (collectively, “BMO Transportation and Vendor Finance”). As part of the transaction, BMO will reinvest a 19.9% minority int
Bain Capital Specialty Finance, Inc. Announces March 31, 2026 Financial Results and Declares Second Quarter 2026 Dividend of $0.42 per Share
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the first quarter ended March 31, 2026, and that its Board of Directors (the “Board”) has declared a dividend of $0.42 per share for the second quarter of 2026. "BCSF’s credit fundamentals remained sound across our portfolio with stable, low non-accruals and attractive net investment income that continued to cover our dividend,” said Michael Ewald, Chief
BuzzFeed, Inc. Announces Proposed Majority Stake Investment by Byron Allen’s Family Office
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) today announced the Company has entered into a transaction agreement with Allen Family Digital, LLC, an affiliate of Byron Allen’s family office, under which BuzzFeed, Inc. will accept a majority investment from Allen Family Digital, LLC. Founder and CEO Jonah Peretti will be succeeded by Byron Allen, who will assume the role of Chairman and Chief Executive Officer upon closing, and Peretti will transition to
KBRA Assigns Preliminary Ratings to OBX 2026-HYB1 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of mortgage-backed notes from OBX 2026-HYB1 Trust, a prime RMBS transaction comprising 385 seasoned hybrid adjustable-rate mortgages (ARMs) with an aggregate principal balance of $309.4 million. The loans possess initial fixed-rate periods of ten years (32.2%), seven years (50.2%), five years (17.5%), and three years (0.2%). Approximately 85.0% of the pool has been designated as a Qualified Mortgage (QM). Non-QM loans a
Strategy to Host Live Q&A with Retail Investors Featuring Michael Saylor and Phong Le
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE), the largest corporate holder of bitcoin and the world’s first Bitcoin Treasury Company, today announced a live Q&A session with retail investors featuring Founder & Executive Chairman Michael Saylor and Chief Executive Officer Phong Le, moderated by author Natalie Brunell. The session will take place on Wednesday, May 13, 2026, at 5:00 PM ET, streaming live on X and YouTube. The Video Webi
MFS Announces Special Distribution for Certain Closed-End Funds in Connection with Reorganizations
BOSTON--(BUSINESS WIRE)--MFS Announces Special Distribution for Certain Closed-End Funds in Connection with Reorganizations
Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results
PASCAGOULA, Miss.--(BUSINESS WIRE)--Merchants & Marine Bancorp, Inc. Announces First Quarter Earnings
Kayne Anderson BDC, Inc. Announces March 31, 2026 Financial Results and Declares Second Quarter 2026 Dividend of $0.40 Per Share
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the first quarter ended March 31, 2026. Financial Highlights for the Quarter Ended March 31, 2026 Net investment income of $28.9 million, or $0.43 per share; Net asset value of $16.23 per share, decreased from $16.32 per share as of December 31, 2025, primarily as a
MFS High Yield Municipal Trust Announces Final Results of Tender Offer
BOSTON--(BUSINESS WIRE)--MFS High Yield Municipal Trust (NYSE: CMU) Announces Final Results of Tender Offer
QuinStreet to Participate at Upcoming Investor Conferences
FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced that management will participate at the following investor conferences: 21st Annual Needham Technology, Media, & Consumer Conference Date: May 12 Location: Westin Grand Central Hotel B. Riley Securities 26th Annual Institutional Investor Conference Date: May 21 Location: Ritz Carlton, Marina del
The Central and Eastern Europe Fund, Inc. Announces Extension of Minimum Period of Partial Advisory Fee Waiver
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today that the Fund’s investment advisor, DWS International GmbH, has voluntarily agreed to continue to waive 50% of its advisory fee until further notice but at least until December 31 2026. Previously, such partial fee waiver was to continue until further notice but at least through June 30, 2026. Important Information The Central and Eastern Europe Fund, Inc. is non-diversified and can tak
MNTN to Participate at the Needham Technology, Media, & Consumer Conference
NEW YORK--(BUSINESS WIRE)--MNTN (NYSE: MNTN), a technology platform that brings performance marketing to Connected TV, today announced that CEO Mark Douglas will present and host one-on-one investor meetings along with CFO Patrick Pohlen at the following investor conference: Needham Technology, Media, & Consumer Conference Date: Wednesday, May 13, 2026 Location: New York, NY Presentation: 1:30 p.m. Eastern Time (10:30 a.m. Pacific Time) The live webcast of the presentations and any related
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
NEW YORK--(BUSINESS WIRE)--The European Equity Fund, Inc. (NYSE: EEA) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. GF’s and EEA’s total distributions will be paid in stock except that any stockholder of record as of May 26, 2026, may elect to receive such distribution in cash. Details for each Fund’s distributions are as follows: Declaration- 05/11/2026 Ex-Da
Agilysys to Participate in the Needham 21st Annual Technology, Media, & Consumer Conference
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of hospitality software and services, today announced it will participate in the 21st Annual Needham Technology, Media, & Consumer Conference to be held in person and virtual, in New York, New York, May 11 – 14th. Agilysys Chief Financial Officer Dave Wood will participate in one-on-one and group meetings with investors and analysts in person on May 12th. Participants who want to meet one-on-one with
