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ACI Worldwide Appoints Robert Leibrock as Chief Financial Officer
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced the appointment of Robert (“Bobby”) Leibrock as Chief Financial Officer (CFO), effective July 1, 2025. Mr. Leibrock succeeds Scott Behrens, who is retiring following an exemplary career spanning nearly two decades at ACI. Mr. Leibrock joins ACI from Red Hat, Inc., where he currently serves as Senior Vice President, Chief Operating Officer and CFO. Red Hat is the open
eClerx Expands Global Outreach with New Delivery Center in Cairo, Egypt
NEW YORK--(BUSINESS WIRE)-- #CSAT--eClerx Expands Global Outreach with New Delivery Center in Cairo, Egypt
Ares Management Prices First European Direct Lending CLO at £305 Million
LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the pricing of its first European Direct Lending Collateralized Loan Obligation (“CLO”), Ares European Direct Lending CLO 1, at £305 million. Ares believes this is the first reinvesting CLO in the European Direct Lending market and is one of the first direct lending CLOs issued in Europe. Ares European Direct Lending CLO 1 is a diversified CLO comprised en
Adlana Buck Joins X-Caliber Capital as FHA Chief Underwriter
IRVINGTON, N.Y.--(BUSINESS WIRE)-- #fhalending--X-Caliber Capital, an FHA-approved Multifamily Accelerated Processing (MAP) lender and loan servicer, today announced Adlana Buck has joined the firm as FHA Chief Underwriter. Buck brings nearly 25 years of experience in multifamily and HUD-insured lending. Over the past decade, she has overseen or directly underwritten nearly $2 billion in FHA transactions spanning affordable, market-rate, and healthcare asset classes. Buck previously served as the FHA Chief U
ABL Investors Have Opportunity to Join Abacus Global Management, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--ABL Investors Have Opportunity to Join Abacus Global Management, Inc. Fraud Investigation with the Schall Law Firm
NWTN Investors Have Opportunity to Join NWTN Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--NWTN Investors Have Opportunity to Join NWTN Inc. Fraud Investigation with the Schall Law Firm
BF-A, BF-B Investors Have Opportunity to Join Brown-Forman Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--BF-A, BF-B Investors Have Opportunity to Join Brown-Forman Corporation Fraud Investigation with the Schall Law Firm
Party With a Purpose: Republic Bank hosts fifth annual Juneteenth Event to improve health outcomes in West Louisville
LOUISVILLE, Ky.--(BUSINESS WIRE)--Today, Republic Bank & Trust Company (“Republic” or “the Bank”) hosted the fifth annual Juneteenth Event at the Republic Bank Foundation YMCA. Republic partnered with Kentucky African Americans Against Cancer (KAAAC) and other community organizations to offer free screenings and educational resources to improve the health of West Louisville residents. “Republic Bank welcomes the opportunity to host this important community event each year in celebration of
Hagens Berman: Court Grants Final Approval to Historic Settlement in NCAA College Athlete Name, Image and Likeness Antitrust Litigation
OAKLAND, Calif.--(BUSINESS WIRE)-- #classaction--Hagens Berman attorneys representing nearly 400,000 NCAA college athletes celebrated the court’s granting final approval to a historic settlement.
KLC Investors Have Opportunity to Join KinderCare Learning Companies, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--KLC Investors Have Opportunity to Join KinderCare Learning Companies, Inc. Fraud Investigation with the Schall Law Firm
KBRA Comments on Chapter 11 Filing of Sunnova Subsidiary and Reduction in Workforce
NEW YORK--(BUSINESS WIRE)-- #KBRA--In an 8-K filing on June 5, 2025, Sunnova Energy Corporation (Sunnova)—the sponsor and originator of 24 residential solar loan and lease transactions rated by KBRA1 —disclosed that its wholly-owned subsidiary, Sunnova TEP Developer, LLC (Sunnova TEP), had filed a voluntary petition for relief under Chapter 11 of U.S. Bankruptcy Code. Sunnova also reported that its Board approved a reduction in force, effective May 30, 2025, of approximately 718 employees or 55% of its
AM Best Revises Issuer Credit Rating Outlook to Negative for Palmetto Surety Corporation
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of “bb+” (Fair) of Palmetto Surety Corporation (Palmetto) (headquartered in Mount Pleasant, SC). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect Palmetto’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating
Entwistle & Cappucci LLP Files a Securities Class Action Against KnowBe4, Inc. and Related Defendants
NEW YORK--(BUSINESS WIRE)--Entwistle & Cappucci LLP today announced that its ongoing investigation has led to the filing of a class action (“Action”) against KnowBe4, Inc. (“KnowBe4”), certain of KnowBe4’s directors, KKR & Co. Inc., Elephant Partners, Vista Equity Partners Management, LLC (“Vista”) and certain of their affiliates (collectively, “Defendants”) on behalf of a class (“Class”) consisting of all persons or entities that: (a) sold shares of KnowBe4 common stock from October 12
KNW Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Know Labs, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Know Labs, Inc. (NYSE American: KNW) to Goldeneye 1995 LLC is fair to Know Labs shareholders. Halper Sadeh encourages Know Labs shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Know Labs and its board of directo
PENN Entertainment Responds to ISS Report
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today made the following statement in response to the report issued today by Institutional Shareholder Services (“ISS”) related to the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”) on June 17, 2025: The ISS report confirms that two director seats are up for election at the 2025 Annual Meeting and that PENN and HG Vora have nominated and are recommending the same two highly-
Oceaneering Announces CFO Succession Plan
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (NYSE: OII) (“Oceaneering”) today announced a Chief Financial Officer (“CFO”) succession plan. Alan R. Curtis, Senior Vice President & CFO, has announced his decision to retire from his position effective January 1, 2026. Mr. Curtis began his career with Oceaneering in 1995 as a Financial Controller and has served in a variety of roles, including most recently as CFO since 2015. Addressing Mr. Curtis’s pending retirement, President a
NETGEAR® Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (Nasdaq: NTGR), a global leader in intelligent networking solutions designed to power extraordinary experiences, today announced that it granted inducement equity awards to several new employees in multiple business segments of the company, including those who joined NETGEAR as members of the company’s NETGEAR for Business (NFB) segment in connection with the company’s acquisition involving VAAG Systems. NETGEAR’s inducement plan is used exclusiv
A-CAP Announces Successful Divestiture of Standard de Liège SA and Immobilière du Standard de Liège SRL
NEW YORK--(BUSINESS WIRE)--Advantage Capital Holdings, LLC (“A-CAP” or “The Company”), a New York-based insurance and financial services company with over $12 billion in assets, today announced the successful divestiture of Standard de Liège SA (“Standard Liège” or the “Club”), one of Belgium's most historic soccer clubs, and Immobilière du Standard de Liège SRL, the corporate entity that owns the Club's stadium, Maurice Dufrasne Stadium, to a consortium of buyers led by Standard Liège Chief Ex
KBRA Assigns Preliminary Ratings to Tikehau CLO XI DAC
LONDON--(BUSINESS WIRE)-- #creditratingagency--KBRA UK (KBRA) assigns preliminary ratings to six classes of notes issued by Tikehau CLO XI DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. Tikehau CLO XI DAC is a €407.4 million European cash flow CLO managed by Tikehau Capital Europe Limited (“Tikehau” or the “collateral manager”), a wholly owned subsidiary of Tikehau Capital. The CLO originally closed in September 2023. This transa
RBGLY Investors Have Opportunity to Lead Reckitt Benckiser Group plc Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--RBGLY Investors Have Opportunity to Lead Reckitt Benckiser Group plc Securities Fraud Lawsuit with the Schall Law Firm