Lastest from Businesswire
Jury Awards Continuous Composites Over $17 Million in Past Damages For Patent Infringement by Markforged
COEUR D’ALENE, Idaho--(BUSINESS WIRE)--Continuous Composites Inc., an advanced manufacturing and materials company, announced today that a federal jury in the District Court of Delaware unanimously found that Markforged, Inc. (“Markforged”) infringed Continuous Composites’ patents by selling infringing 3D printers. The jury awarded $17 million in past damages for sales of continuous fiber printers, finding that Markforged infringed on Continuous Composites’ foundational patent, U.S. Patent 11,1
KBRA Assigns Preliminary Ratings to BANK5 Trust 2024-5YR6
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 31 classes of BANK5 Trust 2024-5YR6, a $984.3 million CMBS conduit transaction collateralized by 46 commercial mortgage loans secured by 54 properties. The collateral properties are located throughout 24 MSAs, of which the three largest are New York (13.1%), Los Angeles (12.5%), and Washington – NoVA - MD (7.8%). The pool has exposure to all major property types, with four types representing more tha
INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Checkpoint Therapeutics, Inc. (CKPT) Investors
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 Checkpoint Therapeutics, Inc. (“Checkpoint” or the “Company”) (NASDAQ: CKPT) securities between March 10, 2021 and December 15, 2023, inclusive (the “Class Period”). Checkpoint investors have until June 4, 2024 to file a lead plaintiff motion. Investors suffering losses on their Checkpoint investments are encouraged to contact the Law Offices o
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sunnova Energy International Inc. (NOVA)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 16, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA) securities between February 25, 2020 and December 7, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On November 22, 2023, the Washington Free Be
System Pavers Announces Ross Eggett as Chief Talent Officer
SANTA ANA, Calif.--(BUSINESS WIRE)--System Pavers, the nation’s number one outdoor living design and installation company, announces Ross Eggett as Chief Talent Officer.
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sonder Holdings Inc. (SOND)
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming June 10, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Sonder Holdings Inc. (“Sonder” or the “Company”) (NASDAQ: SOND) securities between March 16, 2023 and March 15, 2024, inclusive (the “Class Period”). Investors suffering losses on their Sonder investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rig
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against HireRight Holdings Corporation (HRT)
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming June 3, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired HireRight Holdings Corporation (“HireRight” or the “Company”) (NYSE: HRT) securities pursuant and/or traceable to the Offering Documents issued in connection with HireRight’s October 2021 initial public offering (the “IPO” or “Offering”). If you suffered a
Atar Capital Announces Solero Technologies Signs Agreement to Acquire Kendrion’s Automotive Business
LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, announced today that Solero Technologies has signed an agreement with Kendrion (KENDR.AS) to acquire Kendrion’s automotive business in Europe and the United States. Solero Technologies will effectuate the transaction with support from Atar Capital. The transaction is expected to close in Q3 2024, subject to customary conditions. The transaction has an enterprise value of roughly USD 70 million (EUR 6
Principal® achieves sustainability goals in newly released report
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® has met or exceeded its multi-year sustainability goals according to findings in the 2023 Sustainability Report released today. The 2023 Sustainability Report from Principal details progress made on corporate responsibility commitments focused on employee empowerment, financial inclusion, climate impact, and sustainable investing. These commitments, established in 2021, support the company’s focus on growing a resilient, inclusive, a
Citizens Financial Group Names Paul Casey to Lead Wealth Business
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that Paul Casey will join the bank as Head of Wealth Management, effective July 9. In this role, he will focus on accelerating Citizens’ strong and growing momentum in wealth, an increasingly critical component of the bank’s strategy following the launch of Citizens Private Bank in the fall of 2023. He will lead the bank’s Citizens Wealth Management and Citizens Private Wealth Management organizations,
WSFS Bank Launches Early Pay, Enabling Customers to Receive Eligible Direct Deposits Early
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced it has launched Early Pay, which allows Customers to receive eligible direct deposits from their employers up to two days early. Early Pay is also available for recurring government benefits, such as Social Security payments. “We’re thrilled to be able to offer Early Pay to our Customers to help streamline their eligible direct deposits and enable them to access funds soo
Neon Money Club Launches ‘The Cream Wellness Studio,’ An In-App Wellness Experience
NEW YORK--(BUSINESS WIRE)--Neon Money Club, the innovative lifestyle finance platform, proudly unveils its latest venture: the Cream Wellness Studio, a pioneering in-app platform dedicated to holistic self-care, perfectly timed for Financial Literacy Month. Building on the success of its flagship product, the Cream Card™️, and the viral sensation Score, the innovative dating app for individuals with good credit, Neon Money Club continues its mission of seamlessly integrating financial literacy
OfficeSpace Adds AI to its Top-Rated Workplace Management Platform
ALPHARETTA, Ga.--(BUSINESS WIRE)-- #AI--OfficeSpace Software (“OfficeSpace”), the top-rated workplace management software on G2’s software review site, introduced AI to its platform with today’s launch of 'Ossie,' an AI Assistant that provides instant product support. Ossie will also help users complete actions in the platform, including booking desks & rooms, submitting support tickets, and delivering insights from user queries on utilization, employee experience, portfolio trends, and more. Oss
Grant Thornton survey: CFO optimism climbs to highest level in nearly three years
CHICAGO--(BUSINESS WIRE)--A new survey from Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, revealed that chief financial officers (CFOs) are more optimistic about the U.S. economy than they’ve been in nearly three years. Grant Thornton’s Q1 2024 CFO survey, which polled 273 senior finance leaders, reported that more than one-third (34%) of CFOs are “very optimistic” about the U.S. economy. This marks an 11-quarter high for the survey. A
Los Angeles Police Federal Credit Union Selects Q2 to Improve the Digital Banking Experience for Law Enforcement Members
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced its partnership with the Los Angeles Police Federal Credit Union (LAPFCU) to modernize and increase digital accessibility for law enforcement members. Founded in 1936, $1.4 billion LAPFCU is a Trade Industry or Profession (TIP) credit union based in Van Nuys, California, and serves more than 45,000 law enforcement personnel and their fami
iCapital® Unveils 'The 19th Hole: Beyond the Green' — An Engaging Video Series Showcasing Conversations with Distinguished Leaders and Entrepreneurs
NEW YORK--(BUSINESS WIRE)-- #19thHole--iCapital1, the global fintech platform driving the world's alternative investment marketplace for the wealth management industry, announced the launch of its interview series, The 19th Hole: Beyond the Green, hosted by Lawrence Calcano, Chairman and CEO. The program features today’s distinguished leaders and entrepreneurs who are transforming their industry, driving change, and making a significant impact on the world. "I am honored to have golf’s greatest champion, J
Insigneo Announces Inauguration of Flagship Houston Office
HOUSTON--(BUSINESS WIRE)--Insigneo, a dynamic global wealth management firm, is delighted to unveil the opening of its flagship office in Houston, Texas. This occasion marks a significant milestone for Insigneo as it materializes its presence in Texas. The inaugural event served as both the opening of Insigneo's new office and the 2024 Q2 Quarterly Call. This dual-purpose gathering brought together clients, leadership team, and peers, providing an opportunity to explore the new office environme
Best's Review Looks at Growing Popularity of Parametric Insurance Contracts
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--In a recent article, Best’s Review examines the use of parametric insurance to provide coverage for previously less-insurable risks. Originally gaining traction in developing nations to protect against natural disasters and weather risks, parametric contracts are finding greater acceptance in a broader range of insurance markets, including cybersecurity. These contracts can cover risks in areas where traditional indemnity coverage is difficult to obtain, and thei
Partners Group Acquires a Strategic Minority Stake in Trinity to Support Its Future Growth
LOS ANGELES--(BUSINESS WIRE)--Partners Group, a leading global private markets firm, has agreed to acquire a strategic minority stake in Trinity Investments, a U.S. based hospitality-focused real estate investor, to support its future growth. Partners Group will initially target a U.S. $500 million investment with Trinity and will also have the opportunity to commit further capital to Trinity’s North American, European, and special situations investment platforms. Partners Group’s acquisition o
Gopuff Unveils Powered by Gopuff, a New Platform Enabling Brands to Fulfill Instant Delivery From Their eCommerce Websites
PHILADELPHIA--(BUSINESS WIRE)--Gopuff, the world’s leading Instant Commerce platform, today announced the launch of Powered by Gopuff, a logistics and technology platform that enables brands to offer affordable delivery from their owned and operated online stores in as fast as 15 minutes. “We’ve spent the last ten years building and scaling our own hyper-local logistics network and operations to consistently meet customer demands for fast, affordable, and reliable delivery,” said Daniel Folkman