Releases

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Delicato Vineyards Faces Class Action Over Unpaid Expenses

A class action lawsuit filed in San Joaquin County Superior Court accuses Delicato Vineyards, LLC of widespread labor code violations, including the failure to reimburse workers for the use of personal cellular phones. The legal action, brought by Blumenthal Nordrehaug Bhowmik De Blouw LLP, alleges a pattern of systemic underpayment.

San Jose City Workers Prepare for Potential Strike

Hundreds of San Jose municipal employees are gathering for a second strike-readiness session this Wednesday, signaling a breakdown in labor talks. Members of IFPTE Local 21 and MEF-AFSCME Local 101 are organizing against a backdrop of stagnant contract negotiations, citing chronic understaffing and concerns over unregulated artificial intelligence deployment.

Cohen & Steers Realty Fund Details July Distribution Sources

Cohen & Steers Total Return Realty Fund has disclosed the composition of its July 2026 distribution, revealing that nearly half of the $0.08 per share payout is sourced from a return of capital. The monthly payment, scheduled for July 31, follows the fund’s long-standing managed distribution policy.

Boardwalk REIT Reports Solid Q2 2026 Growth Amid Portfolio Pivot

Calgary-based Boardwalk Real Estate Investment Trust delivered a resilient second quarter for 2026, reporting Funds From Operations of $1.19 per unit—a 2.6% increase over the same period last year—as the company continues to shed non-core assets and aggressively repurchase its own units in a shifting market.

Hub Group Investors Face August Deadline in Securities Class Action

Investors who acquired Hub Group securities between April 2023 and May 2026 now have until August 28 to seek lead plaintiff status in a pending class action lawsuit. The litigation targets the logistics firm over alleged accounting irregularities that triggered significant stock price declines throughout early 2026.

Equity LifeStyle Properties Sets Q3 Dividend at $0.5425 per Share

Equity LifeStyle Properties, the Chicago-based real estate investment trust, announced a third-quarter dividend of $0.5425 per common share on July 28. This payout, which reflects an annualized rate of $2.17, arrives as the company continues to manage its portfolio of 453 lifestyle-oriented properties across the United States.

Northeast Indiana Bancorp Posts Higher Profits in Second Quarter

Northeast Indiana Bancorp, the parent company of First Federal Savings Bank, reported net income of $1.87 million for the second quarter of 2026. This performance marks a notable increase from the $1.64 million earned during the same period last year, driven by a rise in net interest income.

Investors File Class Action Lawsuit Against GPGI, Inc. Over Acquisition

Investors who purchased GPGI, Inc. stock between November 3, 2025, and May 6, 2026, are being urged to examine their legal options following a class action lawsuit. The complaint alleges the company misled shareholders regarding the financial health and valuation of its acquisition of Husky Technologies Limited.

Cohen & Steers REIT Fund Details July Distribution Sources

Cohen & Steers REIT and Preferred and Income Fund, Inc. has issued its Section 19(a) notice regarding the upcoming July 31, 2026, distribution. The fund, which operates under a managed distribution policy, confirmed that the latest payment of $0.1360 per common share consists entirely of net realized long-term capital gains.

Black Rock Coffee Bar Faces Class Action Over IPO Disclosures

Investors who purchased Black Rock Coffee Bar shares following the company's September 2025 IPO are now part of a class action lawsuit filed by Robbins LLP. The litigation alleges the coffee chain misled shareholders regarding its rapid expansion strategy and the financial impact of new store cannibalization.

Palico Scales Secondary Market Platform With New Fee Structure

As secondary market transactions grow in complexity and volume, Palico is shifting its operational strategy to accommodate larger deals. The FINRA-regulated Alternative Trading System has unveiled a tiered fee schedule, a new price indicator tool, and a brand refresh to facilitate more efficient, high-value private fund trades.

Arlo Technologies Issues Equity Grants to New Hires

San Jose-based security firm Arlo Technologies has issued 65,624 restricted stock units to eight recent non-executive hires. The equity grants, finalized on July 28, 2026, function as a standard recruitment incentive under NYSE Rule 303A.08, tying the new personnel to the company’s long-term performance.

NexPoint Real Estate Finance Declares Quarterly Dividend

The Dallas-based real estate investment trust NexPoint Real Estate Finance, Inc. confirmed a quarterly cash dividend of $0.50 per share of common stock. The board of directors set the payment date for September 30, 2026, targeting shareholders of record as of the close of business on September 15, 2026.

NexPoint Residential Trust Declares Quarterly Dividend of $0.53

Dallas-based NexPoint Residential Trust, Inc. confirmed its latest quarterly dividend payout, with the board of directors authorizing a distribution of $0.53 per share for common stockholders. The payment is scheduled for distribution on September 30, 2026, targeting investors on record by the mid-month deadline of September 15.

Ozelle Debuts O-Cyte 1 to Automate Hematology Morphology

At the ADLM 2026 conference in Anaheim, Ozelle unveiled O-Cyte 1, an automated hematology analyzer designed to integrate high-resolution image-based morphology into routine clinical workflows. The system leverages proprietary AI × CBM technology to convert complex cellular data into structured insights, aiming to enhance diagnostic consistency across laboratory environments.

Cohen & Steers Realty Fund Updates Distribution Sources for July

Shareholders of the Cohen & Steers Quality Income Realty Fund have received updated disclosures regarding the composition of their July 31 distribution. While the fund maintains a fixed monthly payout strategy, the underlying sources—ranging from net investment income to capital gains—remain subject to periodic adjustments.

Verra Mobility Secures Seven-Year Renewal with Avis Budget Group

Verra Mobility Corporation has reached a framework agreement to extend its tolling and violations services contract with Avis Budget Group for another seven years. While the partnership continues, the company cautioned that the new financial terms are expected to be materially less favorable than the previous arrangement.

DRG Expands Beyond Executive Search with New Consulting Brand

After four decades of recruiting talent for the nonprofit sector, New Jersey-based DRG is rebranding as DRG Consulting. The shift formalizes the firm's transition from a specialized search boutique into a comprehensive partner tasked with managing organizational strategy, team culture, and complex structural partnerships for mission-driven groups.

Cadiz Secures Guaranteed Maximum Price for Northern Pipeline Project

With a $403.3 million price tag now locked in, Cadiz Inc. has finalized construction contracts for its Northern Pipeline conversion. By shifting to a construction manager-at-risk model, the company aims to stabilize its capital budget and move toward securing the final financing necessary for the Mojave Groundwater Bank.

Boardwalk REIT and Desjardins Launch $292 Million Real Estate Partnership

Boardwalk Real Estate Investment Trust has entered a strategic co-ownership agreement with the DGAM Canadian Private Real Estate Fund, launching a $292 million portfolio of multifamily properties. The deal pairs Boardwalk’s operational platform with institutional capital to target high-growth rental markets across Alberta and British Columbia.

Steven Kurtz Joins Stubbs Alderton & Markiles to Launch Finance Practice

Southern California law firm Stubbs Alderton & Markiles has recruited attorney Steven N. Kurtz to establish and chair a new Commercial Finance, Insolvency & Specialty Lending Practice Group. Kurtz, a veteran of the legal industry and co-General Counsel of the International Factoring Association, joins the firm as a Partner.

Amgen Sets August 4 Date for Second Quarter Earnings Call

Amgen will release its second quarter 2026 financial results on Tuesday, August 4, following the close of U.S. markets. The company plans to host a conference call for investors and the public at 4:30 p.m. ET to discuss the latest performance metrics and business developments.

Cardinal Infrastructure Group Sets Second Quarter Earnings Date

Cardinal Infrastructure Group will report its second-quarter financial results on August 11, 2026, before the opening bell. The Raleigh-based firm plans to host a conference call at 10:30 a.m. ET that same morning to discuss the figures and its ongoing expansion across the Sunbelt infrastructure markets.

FirstEnergy Cites Soaring Data Center Demand as 2026 Earnings Hold Steady

FirstEnergy Corp. reported second-quarter 2026 GAAP earnings of $288 million, or $0.50 per share, as the utility giant leans into a massive surge in industrial power demand. The company reaffirmed its full-year earnings guidance, bolstered by a 30% jump in contracted and pipeline data center load since the start of the year.

Cohen & Steers Infrastructure Fund Details July Distribution Sources

Cohen & Steers Infrastructure Fund has released its required Section 19(a) notice, detailing the composition of the $0.1650 per share distribution payable to investors on July 31, 2026. The disclosure highlights the sources of these monthly payments, which include net investment income and realized capital gains.

Private Equity Demand Stays Resilient in Dermatology M&A

While broader healthcare deal flow slumped by 16 percent early this year, the dermatology sector remains a rare bright spot for investors. According to the Q3 2026 report from TUSK Practice Sales, a surge of upcoming recapitalizations and a focus on high-quality assets continue to drive steady transaction volumes.

TransMedics Management to Outline Growth Strategy in Boston

Executives from TransMedics Group will take the stage at the Canaccord Genuity 46th Annual Growth Conference in Boston on August 11, 2026. The presentation, scheduled for 2:00 p.m. ET, marks a key opportunity for the Andover-based medical technology firm to detail its progress in organ transplant therapy.

Bristow Group Sets August Date for Second Quarter Earnings

Investors are preparing for a window into the financial health of the vertical flight sector, as Houston-based Bristow Group confirmed plans to release its second quarter 2026 results on August 4. The report will be followed by a live conference call the next morning to discuss the company’s latest performance metrics.

ePlus Schedules Fiscal 2027 First Quarter Earnings Report

Herndon-based ePlus inc. will disclose its financial results for the quarter ending June 30, 2026, on August 4. The company scheduled an accompanying conference call and audio webcast for 4:30 p.m. ET, immediately following the close of market trading to discuss the fiscal performance for the period.