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ESSA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ESSA Bancorp, Inc - ESSA

Fri, 01/10/2025 - 18:26
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 ESSA Bancorp, Inc. (NasdaqGS: ESSA) to CNB Financial Corporation (NasdaqGS: CCNE). Under the terms of the proposed transaction, shareholders of ESSA will receive 0.8547 shares of CNB for each share of ESSA that they own. KSF is seeking to determine whether this consideration and the process that led to it are

HUMANA INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Humana Inc. - HUM

Fri, 01/10/2025 - 18:26
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Humana Inc. (“Humana” or “the Company”) (NYSE: HUM). On January 18, 2024, the Company announced its financial results for the fourth quarter and full year 2023, disclosing that its benefits expense ratio increased to approximately 91.4% for the fourth quarter of 2023 and approximate

Lawsuit Filed Against New York State Cannabis Control Board and Office of Cannabis Management

Fri, 01/10/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--Four Conditional Adult-Use Retail Dispensary (CAURD) licensees filed a lawsuit yesterday against the Cannabis Control Board (CCB) and New York State Office of Cannabis Management (OCM). The lawsuit challenges the granting—without notice, analysis, public discussion or due process—of so-called Public Convenience Waivers of proximity protection regulations that violate the state’s 1,000-foot buffer rule between licensed dispensaries. The four CAURD licensees filing the

AKOYA BIOSCIENCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Akoya Biosciences, Inc. - AKYA

Fri, 01/10/2025 - 18:26
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 Akoya Biosciences, Inc. (NasdaqGS: AKYA) to Quanterix Corporation (NasdaqGM: QTRX). Under the terms of the proposed transaction, shareholders of Akoya will receive 0.318 shares of Quanterix for each share of Akoya that they own. KSF is seeking to determine whether this consideration and the process that led to

HASBRO 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 Hasbro, Inc. - HAS

Fri, 01/10/2025 - 18:26
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 January 13, 2025 to file lead plaintiff applications in a securities class action lawsuit against Hasbro, Inc. (NasdaqGS: HAS), if they purchased the Company’s shares between February 7, 2022, and October 25, 2023, inclusive (the “Class Period”). This action is pending in the United States District Court for the S

KKR Income Opportunities Fund Announces Adjournment of Special Meeting

Fri, 01/10/2025 - 18:26
SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--KKR Income Opportunities Fund (NYSE: KIO) (the “Fund” or “KIO”) announced today that the special meeting of shareholders of the Fund held on January 10, 2025, has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the issuance of additional common shares of beneficial interest of the Fund in connection with the transfer at net asset value of all of the assets and certain liabil

United Bankshares, Inc. Completes Acquisition of Piedmont Bancorp, Inc.

Fri, 01/10/2025 - 18:26
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. Completes Acquisition of Piedmont Bancorp, Inc.

Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) (the “Fund”) Announces Portfolio Management Team Update

Fri, 01/10/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--Effective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Gordon Brown Prashant Chandran Christopher Kilpatrick Rafael Zielonka Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. For more information about the Fund, please call Fund Investor Services: 1-888-777

KLDiscovery Announces Leadership Transition

Fri, 01/10/2025 - 18:26
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--KLDiscovery Inc. (“KLDiscovery” or the “Company”), a leading global provider of electronic discovery, information governance, and data recovery technology solutions, today announced that Chief Executive Officer and co-founder, Chris Weiler, is retiring from the Company. During this transition period, KLDiscovery will be led by Mike Suchsland, Chairman of the Company’s Board of Directors (the “Board”), and a Leadership Committee comprised of the Company’s lo

KBRA Assigns AAA Rating to Dallas Independent School District, TX: Unlimited Tax Bonds Series 2025 A, B, and C

Fri, 01/10/2025 - 18:26
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA to the Dallas Independent School District, TX: Multi-Modal Unlimited Tax School Building Bonds, Series 2025A; Unlimited Tax School Building and Refunding Bonds, Series 2025B; and, Unlimited Tax Refunding Bonds, Series 2025C. KBRA additionally affirms the long-term rating of AAA for the District's outstanding Unlimited Tax Bonds (PSF) and Unlimited Tax Bonds (Non-PSF). The Outlook for each obligation is Stable. The Series 2025A, 2

UMB Financial Corporation Receives Regulatory Approval to Acquire Heartland Financial USA, Inc.

Fri, 01/10/2025 - 18:26
KANSAS CITY, Mo. & DENVER--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial USA, Inc. (Nasdaq: HTLF) are pleased to share that the necessary regulatory approvals from the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System have been received to complete the previously announced acquisition of HTLF. These approvals follow shareholder approvals for both companies. “Receiving regulatory approvals is another milestone i

First Business Bank Announces Fourth Quarter 2024 Earnings Conference Call

Fri, 01/10/2025 - 18:26
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq:FBIZ) invites participation in a conference call to discuss the Company’s financial and operating performance during its fourth quarter ended December 31, 2024. The conference call and webcast may contain forward-looking statements and other material information. Event: Earnings Conference Call – Fourth Quarter 2024 When: Friday, January 31, 2025 at 1:00 p.m. Central Time How

Victory Capital Reports December 2024 Total Client Assets

Fri, 01/10/2025 - 18:26
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital Schedules Fourth-Quarter Financial Results Conference Call for February 7

Insight Select Income Fund Announces Results of Special Meeting of Shareholders Relating to Reorganization With and Into KKR Income Opportunities Fund

Fri, 01/10/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--Insight Select Income Fund (NYSE:INSI) (“INSI” or the “Fund”) announced today that, at a Special Meeting of the Fund’s shareholders (the “Shareholders”), the Shareholders of the Fund have approved the Agreement and Plan of Reorganization (“Reorganization Agreement”) providing for the transfer at net asset value of all of the assets and certain liabilities of INSI to KKR Income Opportunities Fund (“KIO”) (the “Reorganization”). Subject to the satisfaction of certain cu

KBRA Comments on Los Angeles Area Wildfires and Potential Risk to Real Property Leased Assets Associated with Certain MICLA Lease Revenue Bonds

Fri, 01/10/2025 - 18:26
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--With wildfires still burning in the Los Angeles area, KBRA is tracking real property leased assets of the City associated with various series of KBRA-rated lease revenue bonds issued by the Municipal Improvement Corporation of Los Angeles (“MICLA”). Under the respective Lease Agreements, the City of Los Angeles (“the City”) agrees to pay MICLA, as rent, basic lease payments from the City’s General Fund. The City also agrees to pay “additional payments” which include i

Essex Announces Release and Conference Call Dates for Its Fourth Quarter 2024 Earnings

Fri, 01/10/2025 - 18:26
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its fourth quarter 2024 earnings after the market closes on Tuesday, February 4, 2025. A conference call with senior management is scheduled for Wednesday, February 5, 2025 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time. The fourth quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the fourth quarter earni

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distributions for January, February and March and Announces a Webinar with Portfolio Management

Fri, 01/10/2025 - 18:26
PHILADELPHIA--(BUSINESS WIRE)--CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distributions for 1st Quarter 2025 and Announces a Webinar with Portfolio Management

Franklin BSP Realty Trust, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call

Fri, 01/10/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2024 results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Friday, February 14, 2025, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company’s website at https://www.f

WD-40 Company Reports First Quarter 2025 Financial Results

Fri, 01/10/2025 - 18:26
SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today reported financial results for its first fiscal quarter ended November 30, 2024. First Quarter Highlights and Summary: Total net sales were $153.5 million, an increase of 9 percent compared to the prior year fiscal quarter. Translation of the Compan

Franklin Resources, Inc. Announces Month-End Assets Under Management

Fri, 01/10/2025 - 18:26
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.58 trillion at December 31, 2024, compared to $1.65 trillion at November 30, 2024. This month's decrease in AUM reflected the impact of negative markets and long-term net outflows of $18.9 billion, inclusive of $38.0 billion of long-term net outflows at Western Asset Management1 and reinvested distributions of $17.8 billion. Exclu

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