Releases

20934 items in section

Pentwater Capital Faces Securities Fraud Lawsuit Over Avis Stock Squeeze

Investors who held Avis Budget Group securities between February 2025 and April 2026 are being sought for a class action lawsuit against Pentwater Capital Management. The litigation centers on allegations that the investment firm and its CEO, Matthew Halbower, manipulated the market to inflate their own holdings.

East Idaho credit unions launch $100M zero-down mortgage program

Four East Idaho credit unions and the GoWest Foundation have launched a $100 million initiative to eliminate the primary barrier to homeownership: the down payment. Starting August 3, the Welcome Home program provides 100% financing to first-time buyers, removing private mortgage insurance and origination fees to combat rising housing costs.

Rosen Law Firm Probes Gildan Activewear Over Alleged Misleading Reports

Shares of Gildan Activewear plummeted 18.7% on June 16, 2026, following a scathing report from Jehoshaphat Research. The short seller accused the apparel manufacturer of obscuring years of negative organic growth through financial engineering, prompting the New York-based Rosen Law Firm to launch a formal investigation into potential securities claims.

Robinson Pharma Adds 260,000 Square Feet to Irvine Operations

Robinson Pharma has inaugurated its tenth warehouse facility in Irvine, California, marking a significant physical expansion for the supplement manufacturer. This 260,000-square-foot site increases the company's production capacity for softgels, capsules, and liquid formulations, reinforcing its position as a primary contract manufacturer within the United States nutraceutical market.

AllianceBernstein Funds Secure Shareholder Approval for New Advisers

Shareholders of the AllianceBernstein Global High Income Fund and the AllianceBernstein National Municipal Income Fund voted to approve new investment advisory agreements during a joint meeting held in New York. The decision cements the ongoing management relationship between the two closed-end funds and AllianceBernstein L.P.

Quanta Services Prices $2 Billion Senior Notes Offering

Houston-based infrastructure firm Quanta Services has priced a $2 billion senior notes offering, split into three tranches maturing in 2029, 2033, and 2036. The company intends to direct the proceeds toward general corporate purposes, including the repayment of existing commercial paper and senior credit facility obligations.

Investors Scrutinize AGCO Following Quarterly Earnings Miss

Shares of AGCO Corporation tumbled on July 30, 2026, after the company reported second-quarter earnings and revenue that failed to meet analyst expectations. The sharp market reaction has triggered an investigation by law firm Levi & Korsinsky into whether the machinery manufacturer misled shareholders regarding its profitability figures.

Integrity Community Builders and PCCP Launch $200M Rental Housing Venture

A fresh partnership between Integrity Community Builders and investment firm PCCP, LLC aims to reshape the build-to-rent sector with an annual equity commitment of up to $200 million. The venture targets growth across 19 U.S. markets, blending specialized construction expertise with institutional capital to scale new rental housing.

Investors Target Myriad Genetics Following Sharp Guidance Cut

Three months after Myriad Genetics reaffirmed its 2026 revenue forecast of up to $880 million, the company slashed its guidance by nearly $90 million at the midpoint. This abrupt reversal, which included the total suspension of adjusted EBITDA targets, has triggered a formal investigation by law firm Levi & Korsinsky.

Rosen Law Firm Probes Elauwit Connection Following Financial Restatements

Investors who purchased Elauwit Connection shares face potential losses after the company disclosed significant accounting errors in its 2025 financial filings. Rosen Law Firm has launched an investigation into whether the firm misled shareholders regarding its network construction project revenue, prompting a call for legal action.

TETRA Technologies Posts Strong Second-Quarter Gains Amid Offshore Push

TETRA Technologies reported $185.7 million in revenue for the second quarter of 2026, a 19% sequential increase that marks one of the company's strongest financial performances in a decade. Bolstered by high-value deepwater projects and international expansion, the Texas-based firm saw its adjusted EBITDA climb to $31.9 million.

Rosen Law Firm Targets PennyMac Over Alleged Misleading Disclosures

A 33.3% drop in PennyMac Financial Services stock following a January earnings report has triggered a formal investigation by the Rosen Law Firm. Attorneys are now vetting potential claims that the company disseminated materially misleading business information, leaving shareholders to grapple with significant losses in the wake of the price collapse.

Messe Frankfurt and Frost & Sullivan Renew Strategic Global Partnership

The automotive aftermarket is bracing for a 5.8% growth surge in 2026, driven by aging vehicle fleets and rapid digital transformation. To navigate this volatility, Messe Frankfurt and Frost & Sullivan have extended their strategic partnership, positioning the research firm as the official knowledge provider for the upcoming Automechanika events.

Hormel Foods Sets August 27 Date for Third Quarter Earnings

Investors will get a look at the financial performance of Hormel Foods on August 27, 2026, when the Austin-based company releases its third-quarter results. The announcement precedes a conference call scheduled for 8 a.m. CT, where leadership will break down the latest figures for the Fortune 500 food giant.

Rosen Law Firm Files Class Action Against Wise Group plc

Investors who purchased Wise Group plc securities between May 11 and July 23, 2026, face a critical deadline to seek damages. The Rosen Law Firm has initiated a class action lawsuit alleging that the company misled shareholders regarding its regulatory compliance and anti-money laundering protocols before its NASDAQ debut.

Rosen Law Firm Investigates America's Car-Mart Over Misleading Claims

Investors who suffered losses in America’s Car-Mart, Inc. (CRMT) are being urged to contact Rosen Law Firm as attorneys probe allegations that the company released materially misleading business information. The investigation follows a sharp decline in share value tied to disappointing first-quarter financial results and rising delinquency rates.

Frost & Sullivan Names Vinod K. Aggarwal Chief Economist

Frost & Sullivan has appointed Dr. Vinod K. Aggarwal as its new chief economist, tasking the veteran academic with steering global strategies on industrial policy and economic statecraft. The move marks a formal expansion of his two-decade advisory relationship with the firm as markets grapple with rapid geopolitical and technological shifts.

The Dolphin Company Defends Asset Sale Amid Leadership Dispute

Conflict persists at The Dolphin Company as current leadership rejects claims made by former executives regarding an ongoing Chapter 11 asset sale. The company asserts that the process remains under the strict supervision of the United States Bankruptcy Court, dismissing allegations of legal irregularity within Mexican jurisdictions.

Rice University Expands Free Tuition to Families Earning Up to $200,000

Starting in fall 2027, Rice University will eliminate tuition costs for students from families earning up to $200,000 annually. The initiative, an expansion of the school's signature financial aid program, aims to remove economic barriers for middle- and upper-middle-income students while ensuring graduates enter the workforce without debt.

Standlee Shifts Equine Nutrition Focus to Forage-First Methodology

For horse owners navigating complex supplement markets, Idaho-based Standlee is stripping back the science to a singular premise: premium forage should dictate the entire dietary structure. The company’s newly launched Forage Foundation initiative aims to standardize this principle, positioning high-quality hay as the primary driver of digestive health and performance.

Trilogy Metals advances US Department of War investment talks

Negotiations between Trilogy Metals and the U.S. Department of War remain active as the parties move toward a planned $35.6 million equity investment. The funding is earmarked for the continued exploration and development of the Upper Kobuk Mineral Projects, a vast copper-dominant mining district located in northwestern Alaska.

Rosen Law Firm Investigates Barclays Over Alleged Misleading Disclosures

Investors who purchased Barclays PLC securities face potential losses following reports of the bank's exposure to the collapsed UK lender Market Financial Solutions Ltd. The Rosen Law Firm has launched an investigation into whether the bank issued materially misleading information regarding its financial health to the public.

TruBridge Investors Targeted in Securities Fraud Investigation

A 10.5% single-day stock price drop following a delayed annual report has triggered a formal investigation into TruBridge, Inc. The Rosen Law Firm is currently vetting potential securities claims, alleging the healthcare revenue cycle management company misled investors regarding its financial health and historical accounting practices.

Investors Face September Deadline in Cogent Communications Fraud Suit

Investors who purchased Cogent Communications Holdings, Inc. stock between February 29, 2024, and May 1, 2026, face a September 21, 2026, deadline to seek lead plaintiff status in a pending securities class action. The lawsuit alleges the company misled shareholders regarding its optical wavelength backlog and financial health.

MOVE and GE Lighting Partner to Integrate Smart Homes with AI Wellness

Sequel Brands is expanding its AI-driven MOVE platform by partnering with GE Lighting, a Savant company, to synchronize home environments with user fitness goals. The collaboration aims to automate lighting and climate controls to support recovery, sleep, and physical activity, treating the living space as a tool for health.

Armadin and TENEX.ai Execute Largest Controlled AI Cyberattack

In a high-stakes simulation of machine-speed warfare, cybersecurity firm Armadin and operations provider TENEX.ai subjected a global institution to a three-day, non-stop autonomous cyberattack. The exercise generated 17 million offensive actions, testing the limits of modern defensive infrastructure against an relentless, agentic adversary operating without human manual intervention.

Physician’s Choice Probiotic Launches in 625 Costco Warehouses

Starting August 3, Physician’s Choice is rolling out its 60 Billion Probiotic® Advanced formula to 625 Costco locations across the United States. The supplement, which integrates prebiotics, ten probiotic strains, and a postbiotic into a single daily capsule, will retail for $39.99 per 75-count bottle.