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KLC Investors Have Opportunity to Join KinderCare Learning Companies, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Fri, 06/06/2025 - 20:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 20:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 20:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 20:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 20:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
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)

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
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

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
LOS ANGELES--(BUSINESS WIRE)--RBGLY Investors Have Opportunity to Lead Reckitt Benckiser Group plc Securities Fraud Lawsuit with the Schall Law Firm

Neurogene Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
NEW YORK--(BUSINESS WIRE)--Neurogene Inc. (Nasdaq: NGNE), a clinical-stage company founded to bring life-changing genetic medicines to patients and families affected by rare neurological diseases, today announced that the Compensation Committee of the Company’s Board of Directors approved the grant of non-qualified stock options to purchase an aggregate of 39,345 shares of the Company’s common stock to four new employees (the “Inducement Grants”) on June 5, 2025 (the “Grant Date”). The Induceme

Shift4 Announces Upcoming Investor Conference Participation

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
CENTER VALLEY, Pa.--(BUSINESS WIRE)---- $FOUR--Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has announced today that management will participate in the following investor conference: June 10, 2025 – Management will participate in a fireside chat at the 2025 RBC Financial Technology Conference beginning at 10:40AM ET in New York, NY. Management will also be available for one-on-one and small group meetings. The fireside chat will be webcasted live and interested parties

BLCO Investors Have Opportunity to Join Bausch + Lomb Corporation Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Fri, 06/06/2025 - 17:44
LOS ANGELES--(BUSINESS WIRE)--BLCO Investors Have Opportunity to Join Bausch + Lomb Corporation Fraud Investigation with the Schall Law Firm

KBRA Assigns Preliminary Ratings to Velocity Commercial Capital 2025-3 (VCC 2025-3)

Lastest from Businesswire - Fri, 06/06/2025 - 14:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 25 classes of Velocity Commercial Capital 2025-3 (VCC 2025-3) mortgage-backed certificates. VCC 2025-3 is a $392.3 million securitization collateralized by 971 small balance commercial loans secured by mortgages on 1,075 residential rental or commercial real estate (CRE) properties. The pool is comprised of 971 fixed-rate mortgages. The loans have an average outstanding principal balance of $403,986 and range from $21,867 (<0.1%)

AM Best Affirms Credit Ratings of Blue Whale Re Ltd.

Lastest from Businesswire - Fri, 06/06/2025 - 14:44
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Blue Whale Re Ltd. (Blue Whale) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Blue Whale’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ratings al

Simplify Healthcare’s Benefits1™.Medicare Drives Over 30% of Nationwide PBP Submissions to CMS, Marking Over 7 Years as a Trusted Industry Leader

Lastest from Businesswire - Fri, 06/06/2025 - 14:44
AURORA, Ill.--(BUSINESS WIRE)--Simplify Healthcare, a recognized leader in enterprise software solutions for Payers, proudly announces that its flagship platform, Benefits1™.Medicare, played a key role once again in streamlining over 30% of Medicare Advantage (MA) Plan Benefit Package (PBP) submissions to the Centers for Medicare & Medicaid Services (CMS) this year. This milestone highlights the platform’s transformative impact on benefit plan management and its integral role in supporting

Securities Fraud Investigation Into Neogen Corporation (NEOG) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay &amp; Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Fri, 06/06/2025 - 14:44
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Neogen Corporation (“Neogen” or the “Company”) (NASDAQ: NEOG) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON NEOGEN CORPORATION (NEOG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On June 4,

JAMS Leads Again as Most Represented ADR Provider in 2025 Edition of Chambers USA

Lastest from Businesswire - Fri, 06/06/2025 - 14:44
IRVINE, Calif.--(BUSINESS WIRE)--JAMS, the largest private provider of alternative dispute resolution (ADR) services worldwide, is pleased to announce that 23 neutrals were ranked in the 2025 edition of Chambers USA: America’s Leading Lawyers for Business. The JAMS neutrals earned a total of 26 rankings across six categories, spanning both geographic regions and practice areas, with multiple neutrals honored in more than one category. Keeping consistent with the high number of neutrals recogniz

Templeton Dragon Fund, Inc. (“TDF”) Announces Distribution

Lastest from Businesswire - Fri, 06/06/2025 - 14:44
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a quarterly distribution from net investment income of $0.10 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a Managed Distribution Plan (the “Plan”), under which the Fund will make quarterly distributions to shareholders at a fixed rate of $0.10 per share. The Plan aims to pro

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