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Hyosung America Names Chris King as Chief Revenue Officer to Drive Company Growth

Fri, 05/16/2025 - 17:34
DALLAS--(BUSINESS WIRE)--Hyosung America, the North American leader in ATM and payments technology, has promoted Chris King to Chief Revenue Officer. In his new role, King is charged with accelerating the company's growth in the financial and retail technology sectors. King, who previously served as senior vice president of sales, will now oversee all revenue operations through direct sales, channel partnerships, marketing and strategic account development. King brings more than 35 years of ind

KBRA Assigns Preliminary Ratings to RFS Asset Securitization V LLC, Series 2025-1 Notes

Fri, 05/16/2025 - 17:34
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to notes issued RFS Asset Securitization V LLC (the “Issuer”). RFS Asset Securitization V LLC will issue five classes of Series 2025-1 Notes totaling $130 million initially. Rapid Financial Services, LLC (“RFS”), a Delaware limited liability company and Small Business Financial Solutions, LLC, a Delaware limited liability company (“SBFS”, together with RFS, the “Company”) is a specialty financial services company that uses its proprie

Empire State Realty Trust Announces Dividend for Second Quarter 2025

Fri, 05/16/2025 - 17:34
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the second quarter of 2025, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership uni

ENDO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Endo, Inc. - NDOI

Fri, 05/16/2025 - 17:34
NEW YORK CITY & 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 merger of Endo, Inc. (OTC: NDOI) and Mallinckrodt plc. Under the terms of the proposed transaction, Endo shareholders will own 49.9% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Endo shareholders. I

BRIDGE INVESTMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bridge Investment Group Holdings Inc. - BRDG

Fri, 05/16/2025 - 14:33
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 Bridge Investment Group Holdings Inc. (“Bridge” or the “Company”) (NYSE: BRDG) to Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, Bridge shareholders and Bridge OpCo unitholders will receive, at closing, 0.07081 shares of Apollo stock for each share of Bridge

DUN & BRADSTREET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Dun & Bradstreet Holdings, Inc. - DNB

Fri, 05/16/2025 - 14:33
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 Dun & Bradstreet Holdings, Inc. (NYSE: DNB) to Clearlake Capital Group, L.P. Under the terms of the proposed transaction, shareholders of Dun & Bradstreet will receive $9.15 in cash for each share of Dun & Bradstreet that they own. KSF is seeking to determine whether this consideration a

REDWIRE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Redwire Corporation - RDW

Fri, 05/16/2025 - 14:33
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 merger of Redwire Corporation (NYSE: RDW) and Edge Autonomy. Pursuant to the terms of the agreement, Redwire will pay the purchase price for the acquisition of Edge Autonomy in a combination of $150 million in cash and $775 million in shares of Redwire common stock. KSF is seeking to determine whether the merger and t

LOGAN RIDGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Logan Ridge Finance Corporation - LRFC

Fri, 05/16/2025 - 14:33
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 Logan Ridge Finance Corporation (NasdaqGS: LRFC) to Portman Ridge Finance Corporation (NasdaqGS: PTMN). Under the terms of the proposed transaction, shareholders of Logan Ridge will receive 1.50 newly issued shares of Portman for each share of Logan Ridge that they own. KSF is seeking to determine whether this

CFP Board Promotes Public Trust With Seven Actions

Fri, 05/16/2025 - 14:33
WASHINGTON--(BUSINESS WIRE)--Certified Financial Planner Board of Standards, Inc. (CFP Board), a nonprofit organization with more than 100,000 CFP® professionals, today announced actions taken to uphold its ethical standards, imposing sanctions on seven individuals. CFP Board is a professional body that has adopted a Code of Ethics and Standards of Conduct (Code and Standards) that benefits and protects the public and advances financial planning as a distinct and valuable profession. The Code a

GLYCOMIMETICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of GlycoMimetics, Inc. - GLYC

Fri, 05/16/2025 - 14:33
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 merger of GlycoMimetics, Inc. (NasdaqGM: GLYC) and Crescent Biopharma, Inc. Pursuant to the terms of the agreement, shareholders of GlycoMimetics will own approximately 3.1% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fai

Delaware District Court Rules in Favor of Acadia in NUPLAZID® (pimavanserin) Formulation Patent Litigation

Fri, 05/16/2025 - 14:33
SAN DIEGO--(BUSINESS WIRE)--Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that the U.S. District Court for the District of Delaware ruled in favor of Acadia regarding its ‘721 formulation patent for NUPLAZID® (pimavanserin), Acadia’s drug for the treatment of Parkinson’s Disease Psychosis. In today’s order, the Court ruled in favor of Acadia on both infringement and validity arguments in its formulation patent litigation against Aurobindo Pharma Limited and other ANDA (Abbreviated

Universal Distribution LLC and Ad Populum Complete Acquisition of Diamond Comic Distributors and Related Assets

Fri, 05/16/2025 - 14:33
HUNT VALLEY, Md.--(BUSINESS WIRE)--Diamond Comic Distributors (“Diamond” or “the Company”), today announced that the sale of the Company and its assets to Universal Distribution LLC (“Universal”) and Ad Populum has been completed. Universal has acquired the assets of Alliance Game Distributors, and Ad Populum has acquired the assets of Diamond Comic Distributors, Diamond Book Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority, and other related assets. Diamond U

KBRA Assigns Preliminary Ratings to Benchmark 2025-V15

Fri, 05/16/2025 - 14:33
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 14 classes of Benchmark 2025-V15, a $733.2 million CMBS conduit transaction collateralized by 29 commercial mortgage loans secured by 44 properties. The collateral properties are located throughout 18 MSAs, of which the three largest are New York (27.7%), Detroit (10.4%), and Long Island (8.5%). The pool has exposure to all major property types, with four types representing more than 10.0% of the poo

Build from Within Alliance Names Chanell Scott Contreras as President & CEO

Fri, 05/16/2025 - 14:33
ST. PAUL, Minn.--(BUSINESS WIRE)--The Build from Within Alliance (BfWA) proudly announces the appointment of Chanell Scott Contreras as its new President and CEO, succeeding founding leader Mihailo Temali, a pioneer in community economic development who is retiring after an extraordinary 40-year career. The transition comes as BfWA marks its 10th anniversary – a milestone that is being celebrated at its National Convening in Denver, May 14-17, 2025. The event is co-hosted by local BfWA member,

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

Fri, 05/16/2025 - 14:33
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on May 15, 2025, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering sha

Whalar Group Secures Strategic Investment From Marc Benioff, Shopify, and Neal H. Moritz to Power the Next Era of the Creator Economy

Fri, 05/16/2025 - 14:33
LOS ANGELES--(BUSINESS WIRE)--Whalar Group, the global Creator company on a mission to liberate the creative voice, announced today that they have secured strategic investment from a group of powerhouse investors: Marc Benioff the visionary founder of Salesforce, Shopify, and Neal H. Moritz the acclaimed Hollywood producer & founder of Original Film. Neil Waller, Co-CEO & Co-Founder, Whalar Group, said: “The Creator Economy is now mainstream. What started as mostly part-time influencers

Law Offices of Howard G. Smith Encourages Iovance Biotherapeutics, Inc. (IOVA) Investors to Inquire About Securities Fraud Class Action

Fri, 05/16/2025 - 14:33
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Iovance Biotherapeutics, Inc. (“Iovance” or the “Company”) (NASDAQ: IOVA) securities between May 9, 2024 and May 8, 2025, inclusive (the “Class Period”). Iovance investors have until July 14, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN IOVANCE BIOTHERAPEUTICS, INC. (IOVA), CONTACT THE LAW OFFICES OF HOWAR

Deadline Alert: Digimarc Corporation (DMRC) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Fri, 05/16/2025 - 14:33
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming July 8, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Digimarc Corporation (“Digimarc” or the “Company”) (NASDAQ: DMRC) securities between May 3, 2024 and February 26, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR DIGIMARC INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO

Deadline Alert: West Pharmaceutical Services, Inc. (WST) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Fri, 05/16/2025 - 14:33
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming July 7, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired West Pharmaceutical Services, Inc. (“West” or the “Company”) (NYSE: WST) common stock between February 16, 2023 and February 12, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR WEST INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Encourages Elevance Health, Inc. (ELV) Investors To Inquire About Securities Fraud Class Action

Fri, 05/16/2025 - 14:33
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Elevance Health, Inc. (“Elevance” or the “Company”) (NYSE: ELV) common stock between April 18, 2024, and October 16, 2024, inclusive (the “Class Period”). Elevance investors have until July 11, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON Y

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