Lastest from Businesswire
Ares Raises Over $9.8 Billion for Leading Opportunistic Credit Strategy
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has closed on over $9.8 billion of capital for its Opportunistic Credit strategy, inclusive of the final closing of Ares Special Opportunities Fund III LP (“ASOF III” or the “Fund”) and related transaction vehicles. With over $8.3 billion in equity commitments, ASOF III significantly exceeded its target and prior vintage fund size. ASOF III repre
UiPath to Showcase Latest Agentic Business Orchestration Capabilities and Product Strategy in Upcoming Webinar
NEW YORK--(BUSINESS WIRE)--UiPath, Inc. (NYSE: PATH), a global leader in agentic automation, today announced that it will host a live product webinar highlighting its latest agentic business orchestration capabilities, product strategy, and real-world customer outcomes. The webinar will be hosted live on April 6, 2026, from 11:30 am to 12:30 pm ET. UiPath: Product Strategy, Customer Impact, and Fireside Chat Webinar Speakers: Daniel Dines, Founder and Chief Executive Officer, and Raghu Malpani,
Xylem to Release First Quarter 2026 Financial Results on April 28, 2026
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Inc. (NYSE: XYL), a leading global water solutions company that empowers customers and communities to build a more water-secure world, will release its first quarter 2026 results at 6:55 a.m. (ET) on April 28, 2026. At 9:00 a.m. (ET), Xylem’s senior management team will host a conference call with investors. The call can be accessed by calling +1 (866) 777-2509 (US) or +1 (412) 317-5413 (INTL) or by visiting Investors Events | Xylem US. A replay of the briefin
First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2026 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co
AM Best Downgrades Credit Ratings of Cities and Villages Mutual Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Cities and Villages Mutual Insurance Company (Cities and Villages) (Wauwatosa, WI). The outlook of the FSR has been revised to stable from negative, while the outlook of the Long-Term ICR is negative. The Credit Ratings (ratings) reflect Cities and Villages’ balance sheet stre
Accelerant Completes CFO Transition
ATLANTA--(BUSINESS WIRE)--Accelerant appointed Linda S. Huber as Chief Financial Officer following the previously announced CFO transition.
TCOM Investor Alert: Trip.com Group Limited Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Concealing Monopoly Enforcement Risk: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Institutional investors holding positions in Trip.com Group Limited (NASDAQ: TCOM) during the period April 30, 2024 through January 13, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500.TCOM ADSs lost $14.38 per share over two trading sessions in January 2026, a combined decline of approxima
HTGC Investor Alert: Hercules Capital Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Executives Allegedly Misled Shareholders: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Institutional investors holding positions in Hercules Capital, Inc. (NYSE: HTGC) during the period from May 1, 2025 through February 27, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500.Hercules Capital managed over $5.7 billion in assets as of December 31, 2025, making it a significant hol
ODD Investor Alert: ODDITY Tech Ltd. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Fabricating Sustainable Growth Narrative: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--"Beat and raise." For eight consecutive quarters after its IPO, ODDITY Tech Ltd. (NASDAQ: ODD) delivered those words to shareholders. Then, on February 25, 2026, the Company disclosed that its advertisements had been diverted to lower quality auctions at abnormally high costs, projecting a 30% year-over-year revenue decline for Q1 2026. Shares collapsed 49.21%, erasing $14.28 per share in a single session.Find out if you can recover your investment losses or contact Jo
EOSE Investor Alert: Eos Energy Enterprises, Inc. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Misleading Automated Production Claims: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP alerts investors in Eos Energy Enterprises, Inc. (NASDAQ: EOSE) of a pending securities class action. Class Period: November 5, 2025 through February 26, 2026. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.EOSE shares lost $4.39 per share, a 39.4% single-day decline, closing at $6.74 on February 26, 2026, after the Company disclosed that its automated bipolar product
ALIT Investor Alert: Alight, Inc. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After CFO Allegedly Concealed Financial Shortfalls: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP notifies investors that Jeremy J. Heaton, former Chief Financial Officer of Alight, Inc. (NYSE: ALIT), is named as an individual defendant in a securities class action filed in the United States District Court for the Northern District of Illinois. The action covers purchases between November 12, 2024 and February 18, 2026. Find out if you are entitled to recover investment losses. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsin
NKTR Investor Alert: Nektar Therapeutics Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Overstating Trial Integrity Prospects: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP alerts investors in Nektar Therapeutics (NASDAQ: NKTR) of a pending securities class action. Class Period: February 26, 2025 through December 15, 2025. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.Nektar shares fell $4.14 per share, or 7.77%, closing at $49.16 on December 16, 2025, after the Company disclosed that its Phase 2b REZOLVE-AA trial narrowly missed statis
IBRX Investor Alert: ImmunityBio Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Chairman Allegedly Misbranded Cancer Drug: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Institutional investors holding positions in ImmunityBio, Inc. (NASDAQ: IBRX) during the period January 19, 2026 through March 24, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Shares lost $1.98 per share, a 21% decline, after an FDA Warning Letter exposed allegedly false promotional claims about the Company's lead drug, ANKTIVA. Request an institutional investor loss assessment or contact Joseph E. Levi, Esq. at jlevi@lev
MNDY Investor Alert: monday.com Ltd. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Misleading Investors Over Time: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP encourages investors who suffered losses in monday.com Ltd. (NASDAQ: MNDY) to contact the firm. WHO IS AFFECTED: Those who purchased MNDY securities between September 17, 2025 and February 6, 2026 may be entitled to recover damages. Find out if you are eligible to recover losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.MNDY shares lost over $111 per share from their Class Period high of $189.59 to $77.63 foll
CWH Investor Alert: Camping World Holdings, Inc. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Executives Allegedly Misrepresented Financial Controls: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP alerts investors in Camping World Holdings, Inc. (NYSE: CWH) of a pending securities class action. Class Period: April 29, 2025 through February 24, 2026. Find out if you qualify to recover losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.Three senior officers of Camping World Holdings are named as individual defendants in a securities class action pending in the United States District Court for the Northern D
Amerant Bancorp Inc. to Announce First Quarter 2026 Financial Results and Host Conference Call
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”), today announced it will release first quarter 2026 results on Thursday, April 23, 2026, after the market closes. Once released, investors may access Amerant’s results at https://investor.amerantbank.com by choosing “Financial Results” under the “Financials Info” heading. On Friday, April 24, 2026, Carlos Iafigliola, Senior Executive Vice-President and Interim Chief Executive Officer, and Sharyma
SMCI Investor Alert: Super Micro Computer Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Diverting AI Servers Illegally: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--The artificial intelligence server market attracted tens of billions in capital as investors poured into companies powering next-generation AI infrastructure. Super Micro Computer, Inc. (NASDAQ: SMCI) rode this wave to nearly $15 billion in fiscal 2024 revenue and $22 billion in fiscal 2025, but a federal indictment now alleges approximately $2.5 billion of those sales were illegal. Levi & Korsinsky, LLP notifies investors in Super Micro Computer, Inc. (NASDAQ: SM
TRX Services Partners with Stella Point Capital to Drive Expansion and Growth
ATLANTA & NEW YORK--(BUSINESS WIRE)--TRX Services, Inc. (TRX), a leading provider of payment processing solutions, announced it has received an equity investment from Stella Point Capital (SPC). The transaction closed earlier in March and financial terms were not disclosed. This partnership and investment will enable TRX to meaningfully invest in its strengths of technology-led payment processing, superior underwriting and risk management capabilities and world-class customer service. TRX proce
PSIX Investor Alert: Power Solutions International Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Company Allegedly Concealed Margin Erosion: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--From a Class Period high of $85.75 on March 2, 2026, Power Solutions International, Inc. (NASDAQ: PSIX) shares collapsed to $60.91, a decline of $24.84 per share, or nearly 29%, in a single trading session on unusually heavy volume. Levi & Korsinsky, LLP notifies investors who purchased PSIX securities between May 8, 2025 and March 2, 2026 that a securities class action has been filed. Find out if you qualify to recover your per-share losses. You may also contact J
IT Investor Alert: Gartner, Inc. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Executives Allegedly Minimized Slowdown Risks: Levi & Korsinsky
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP alerts investors in Gartner, Inc. (NYSE: IT) of a pending securities class action. Class Period: February 4, 2025 through February 2, 2026. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.Gartner shares fell from a Class Period high of $336.71 to $160.16, representing losses of over $176 per share. The Court has set May 18, 2026 as the deadline to apply for lead plaint

