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Fintiv Files RICO and Trade Secret Misappropriation Suit Against Apple Stemming from Alleged Theft of Mobile Wallet Technology Used to Create Apple Pay

Lastest from Businesswire - Thu, 08/07/2025 - 15:16
AUSTIN, Texas--(BUSINESS WIRE)--Fintiv, Inc., a global leader in patented, digital wallet ecosystems, announced today the filing of a civil lawsuit against Apple, Inc. in the Northern District of Georgia, Atlanta Division, alleging violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act, Georgia's RICO Act, The Defend Trade Secrets Act, and Georgia's Trade Secret Act. The lawsuit, filed by Kasowitz LLP, alleges that Apple engaged in a pattern of racketeering activity, includ

DTLA Law Group Relocates to Former Lucky Brand HQ in Downtown Los Angeles

Lastest from Businesswire - Thu, 08/07/2025 - 15:16
LOS ANGELES--(BUSINESS WIRE)--DTLA Law Group is proud to announce the opening of its new headquarters on September 1, 2025, at 540 S. Santa Fe Avenue, in the vibrant Arts District of Downtown Los Angeles. Formerly the home of Lucky Brand, the newly renovated 52,000-square-foot space reflects not only the growth of the firm, but a deeper commitment to justice, service, and community. “This move is about more than square footage or a change in address,” said Farid Yaghoubtil, Founder of DTLA Law

Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Distribution

Lastest from Businesswire - Thu, 08/07/2025 - 15:16
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on August 29, 2025, to shareholders of record on August 18, 2025 (Ex-Dividend Date: August 18, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615 per sh

Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Lastest from Businesswire - Thu, 08/07/2025 - 15:16
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on August 29, 2025, to shareholders of record on August 18, 2025 (Ex-Dividend Date: August 18, 2025). The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions ma

Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on August 29, 2025, to shareholders of record on August 18, 2025 (Ex-Dividend Date: August 18, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0475 per share.

Eide Bailly Unveils New Brand Identity to Reflect Firm’s Growth and Continued Commitment to Connection

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
MINNEAPOLIS--(BUSINESS WIRE)-- #EideBailly--Eide Bailly, a Top 25 CPA firm, unveils a new brand identity reflecting its growth, evolving services, and continued commitment to connection.

Barings and Brennan Investment Group Form Programmatic Joint Venture Targeting Initial $150 Million of Acquisitions in Industrial Outdoor Storage Assets

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
CHARLOTTE, N.C. & ROSEMONT, Ill.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, announced today that it has formed a programmatic joint venture with Brennan Investment Group (Brennan), to acquire an initial $150 million in Industrial Outdoor Storage (IOS) assets. In tandem with the announcement, the joint venture has closed on a two-building, 4.75-acre property located in Denver, CO. “The seed asset and goals of our new venture with Brennan re

Aderant Signs Deal to Acquire HerculesAI Legal Technology Assets Accelerating AI Capabilities in Work-to-Cash Solution

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
ATLANTA--(BUSINESS WIRE)-- #Atlanta--Aderant today announced that it has signed a definitive agreement to acquire the legal technology assets from HerculesAI.

STAAR SURGICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of STAAR Surgical Company - STAA

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of STAAR Surgical Company (NasdaqGM: STAA) to Alcon Inc. (NYSE: ALC). Under the terms of the proposed transaction, shareholders of STAAR will receive $28.00 in cash for each share of STAAR that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,

Y-MABS THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Y-mAbs Therapeutics, Inc. - YMAB

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Y-mAbs Therapeutics, Inc. (NasdaqGS: YMAB) to SERB Pharmaceuticals. Under the terms of the proposed transaction, shareholders of Y-mAbs will receive $8.60 in cash for each share of Y-mAbs that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequat

Animoca Brands and ProvLabs to Co-Develop NUVA to Accelerate Access to Tokenized Real-World Assets (RWAs)

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
NEW YORK--(BUSINESS WIRE)-- #RWA--Animoca Brands and Provenance Blockchain Labs (ProvLabs) today announced they have formed a strategic partnership to co-develop NUVA, a vault marketplace that connects real-world asset (RWA) issuers with investors. NUVA will be a unified, chain-agnostic vault marketplace that offers a curated set of vaults from leading asset issuers, each with distinct yield strategies and risk profiles. Investors including retail investors, institutions, Web3 foundations and treasuri

Coloradans Forgo National Banks for Regional Institutions and Alternative Advice Sources Amid Financial Uncertainty, Red Rocks Credit Union Finds

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
LITTLETON, Colo.--(BUSINESS WIRE)--A new survey from Red Rocks Credit Union reveals that Coloradans are rethinking where they turn for financial guidance—and who they trust. While 75% of residents express concern about retirement and over one-third (36%) report living paycheck to paycheck, a significant number are moving away from national banks in favor of regional credit unions and alternative sources like friends, podcasts, and ChatGPT. In fact, 40% of respondents reported banking with a cre

3Spoke Liquidity Partners Closes $75M Structured Secondary Transaction

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
IRVINE, Calif.--(BUSINESS WIRE)-- #liquiditysolutions--3Spoke Liquidity Partners Closes $75M Structured Secondary Transaction

AMERICAN WOODMARK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of American Woodmark Corporation - AMWD

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of American Woodmark Corporation (NasdaqGS: AMWD) to MasterBrand, Inc. (NYSE: MBC). Under the terms of the proposed transaction, shareholders of American Woodmark will receive 5.150 shares of MasterBrand for each share of American Woodmark that they own. KSF is seeking to determine whether this conside

Ameriprise Attracts Advisor with More Than $120 Million in Assets for Sophisticated Solutions and Financial Planning Capabilities

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Vince Abio has joined S&T Financial Services, a financial advisory practice within the Ameriprise Financial Institutions Group (AFIG) located in Chester, Pa. The 28-year industry veteran was previously with Merrill Lynch where he managed more than $120 million in client assets. Abio chose to join Ameriprise and S&T Financial Services, which provides advice and investment services

Best’s Market Segment Report: Improving U.S. Homeowners Results Challenged by January 2025 Wildfires

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Driven by California’s record-setting wildfires in January and tornado outbreaks across other regions, the U.S. homeowners’ insurance segment reported its worst first quarter loss ratio in five years, according to a new report from AM Best. The direct incurred loss ratio for the U.S. homeowners’ insurers spiked to 102.1% in the first quarter of 2025, which is thirty percentage points higher than any first quarter since 2021. A confluence of factors heightened the

Lido Advisors Completes Strategic Investment from HPS to Support Continued Growth

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
LOS ANGELES--(BUSINESS WIRE)--Lido Advisors (“Lido”), a leading wealth advisory firm with over $30 billion in regulatory assets under management, today announced the closing of its strategic investment from funds managed by HPS Investment Partners (“HPS”). HPS joins Lido’s existing investors Charlesbank Capital Partners (“Charlesbank”) and Constellation Wealth Capital (“CWC”), along with Lido’s more than 160 employee-owners, to support the firm’s continued growth and client-first mission. “Toda

FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
LOS ANGELES--(BUSINESS WIRE)---- $FTNT--FTNT Investors Have Opportunity to Join Fortinet, Inc. Fraud Investigation with the Schall Law Firm

Global Economic Uncertainty and Return-To-Office Mandates Are Growing Concerns for Employers, Finds HireRight’s Latest Annual Report

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
NASHVILLE--(BUSINESS WIRE)--HireRight’s 2025 Global Benchmark Report uncovers surprising new insights into workforce recruitment and retention challenges

Wingspire Equipment Finance Closes $70 Million Sale-Leaseback to Support U.S. Expansion for Global Paper Manufacturer

Lastest from Businesswire - Thu, 08/07/2025 - 12:16
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance has completed a $70 million sale-leaseback finance structure in connection with two high-capacity paper machines for a leading U.S. manufacturer. Proceeds from the financing will be used by the company to execute on its expansion plans, underscoring its foreign parent company’s commitment to increasing market share in the highly competitive U.S. market. The tissue paper manufacturer has also made a shift in CapEx planning by proactive

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