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STZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
NEW YORK--(BUSINESS WIRE)---- $STZ #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Constellation Brands, Inc. (“Constellation Brands” or “the Company”) (NYSE: STZ) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise ac

KBRA Monitoring Sunnova Transactions Following Going Concern Warning

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On March 3, 2025, Sunnova Energy Corporation (Sunnova) stated in its fourth quarter and full-year 2024 financial results that there is substantial doubt about its ability to continue as a going concern for at least one year without implementing additional capital management measures. To address this, Sunnova is looking to take a number of steps to increase the amount of available cash and reduce expenses. It has also hired a financial advisor to manage certain aspects

Davis Wright Tremaine Expands Energy Practice on West Coast with Addition of Partner Shab Puri in San Francisco

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
SAN FRANCISCO--(BUSINESS WIRE)--In a significant expansion of the firm’s national energy practice, Davis Wright Tremaine LLP has added Shab Puri as a partner in the San Francisco office. Puri brings deep experience advising energy, infrastructure and technology clients on project development and transactions, specializing in engineering, procurement, and construction and other key project-related contracts. Over two decades of practice, Puri has counseled energy and technology clients on a wide

AM Best Downgrades Credit Ratings of Vermont Mutual Insurance Company and Its Subsidiaries

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “aa-” (Superior) of Vermont Mutual Insurance Company and its fully reinsured subsidiaries, Northern Security Insurance Company, Inc., and Granite Security Insurance Company (formerly Granite Mutual Insurance Company). These companies are domiciled in Montpelier, VT and are members of Vermont Mutual Group (Vermon

Tranzon Asset Advisors Complete Sale of Old Carter Whiskey Co.

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
LOUISVILLE, Ky.--(BUSINESS WIRE)--Tranzon Asset Advisors, a Kentucky-based national accelerated marketing firm, successfully completed the sale of Old Carter Whiskey Co. to an investor group led by Mark Carter, one of the distillery’s original co-founders, for more than $20.5 million. The sale, conducted through a modified sealed bid process and followed by an online auction for qualified bidders, included Old Carter Whiskey Co., Kentucky Spirit Bottling, a substantial inventory of both barrele

CAREDX INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of CareDx, Inc. - CDNA

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into CareDx, Inc. (NasdaqGM: CDNA). CareDx provides medical services and tests for transplant recipients with notable products AlloSure, AlloMap, and RemoTraC. On October 28, 2021, the Company disclosed that it was the subject of two federal investigations by the U.S. Department

Paynela Recognized as 2024 AWS Generative AI Trailblazer

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
NEW YORK--(BUSINESS WIRE)--Paynela, a leading healthcare financing innovator, has been named a 2024 AWS Generative AI Trailblazer by Amazon Web Services (AWS) in recognition of their development of an automated, AI-driven solution for healthcare data review. In introducing automation, Paynela has streamlined the adjudication of pharmaceutical patient assistance programs, improving individual outcomes and allowing pharmaceutical manufacturers to expand their patient support population. “Once pat

DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Maravai LifeSciences

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
NEW YORK--(BUSINESS WIRE)---- $MRVI #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Maravai LifeSciences Holdings, Inc. (“Maravai” or the “Company”) (NASDAQ: MRVI) and reminds investors of the May 5, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Geor

Amini LLC Adds Another $2.8 Million to $52 Million TransCare Victory

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
NEW YORK--(BUSINESS WIRE)--Amini LLC has won another $2.8 million for the Chapter 7 Trustee of TransCare from Patriarch Partners Agency Services LLC (PPAS), a lending entity affiliated with Lynn Tilton. In a written decision dated February 5, 2025, Bankruptcy Judge David Jones determined that the Trustee was entitled to an additional $2.8 million in legal fees from PPAS under New York Debtor Creditor Law § 276-a because PPAS had engaged in an actual fraudulent transfer. The underlying fraudulen

Broadband Providers Can Securely Serve More Types of Local Businesses With New Calix SmartBiz Enhancements That Simplify Deployment

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) announced enhancements to SmartBiz™ and the Calix Broadband Platform that further accelerate business market growth for broadband service providers (BSPs). New platform enhancements enable BSPs to support more types of small businesses by streamlining SmartBiz delivery. Expanded SmartBiz capabilities give BSPs greater flexibility to support small businesses like healthcare and medical clinics that have existing firewalls and static IP

Inszone Insurance Services Expands Employee Benefits Expertise with JKJ Benefits, LLC Merger

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the merger with JKJ Benefits, LLC, a respected employee benefits agency based in Weatherford, Texas. This strategic merger enhances Inszone's employee benefits division and strengthens its presence in Texas, allowing the company to offer more comprehensive insurance solutions to clients. Founded on April 1, 2008, by Barbara

Bandai Namco Kicks-Off Year-Long Celebration to Commemorate PAC-MAN’s 45th Anniversary

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
IRVINE, Calif.--(BUSINESS WIRE)--Bandai Namco Entertainment America Inc. is commemorating PAC-MAN™’s 45th Anniversary with an unprecedented year-long campaign. Featuring a host of activities and partnerships celebrating the legendary gaming icon’s legacy in entertainment and popular culture, fans from around the world are invited to join in this momentous milestone. The campaign planned to run throughout 2025 and into early 2026 revolves around the theme of “imPACt” to capture how one of video

MRVI Class Action Notice: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit on Behalf of Maravai LifeSciences Holdings, Inc. Investors

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of California, captioned Nelson v. Maravai LifeSciences Holdings, Inc., et al., Case No. 25-cv-00499, on behalf of persons and entities that purchased or otherwise acquired Maravai LifeSciences Holdings, Inc. (“Maravai” or the “Company”) (NASDAQ: MRVI) securities between August 7, 2024 and February 24, 2025, inclu

NGE COO Sonia Menon Appointed Chair of the ASP of Chicago Board

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
CHICAGO--(BUSINESS WIRE)--Neal Gerber Eisenberg is proud to announce that Chief Operating Officer Sonia Menon has been appointed Chair of the All Stars Project (ASP) of Chicago Board. A dedicated advocate for youth empowerment and community involvement, Sonia has been an integral member of the ASP of Chicago Board since 2019 and the All Stars Project National Board of Directors since 2022. In this leadership role, she will help spearhead efforts to expand ASP's transformative programs, which eq

CollegeNET Announces Majority Investment from Rubicon Technology Partners

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
PORTLAND, Ore. & BOULDER, Colo.--(BUSINESS WIRE)--CollegeNET, Inc. (“CollegeNET” or the “Company”), a provider of innovative software solutions for higher education, has secured a majority investment from Rubicon Technology Partners (“Rubicon”), a private equity firm specializing in middle-market enterprise software investments. This partnership will help accelerate CollegeNET’s growth and drive continued product innovation across its core offerings. Founder Jim Wolfston will continue to lead t

AAM Insurance Investment Management Appoints Dan Byrnes as President

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
CHICAGO--(BUSINESS WIRE)--Dan Byrnes, CFA named President at AAM.

AM Best Revises Issuer Credit Rating Outlook to Stable for Westfield Insurance Company and Affiliates

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Westfield Insurance Company and its affiliates, collectively known as Westfield Group (Westfield). (See below for a detailed listing of the companies and Credit Ratings [ratings].) The outlook of the FSR is stable. All companies are wholly own

KBRA Releases Research – Recurring Revenue Loan Metrics Dashboard: Q4 2024

Lastest from Businesswire - Tue, 03/04/2025 - 15:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases an updated report tracking key metrics within recurring revenue loan (RRL) securitizations. This report, an update to our Q3 analysis, continues to track and present these metrics in a dashboard format, sourced from quarterly collateral loan tapes provided by the issuers of KBRA-rated RRL securitizations. Changes in these metrics can offer insight into the overall health and credit quality of the portfolios. The Q3 analysis was based on collateral tapes

Max Shill Promoted to Chief Operating Officer at AdAction

Lastest from Businesswire - Tue, 03/04/2025 - 12:54
LAKEWOOD, Colo.--(BUSINESS WIRE)--Max Shill promoted to COO at AdAction, leading strategic operations and innovation to drive mobile growth and expand the company’s industry impact.

5V Announces Plans to Construct Shuttle Train Receiver in Texas

Lastest from Businesswire - Tue, 03/04/2025 - 12:54
BOULDER, Colo.--(BUSINESS WIRE)--5V, a newly formed partnership between Five Rivers Cattle Feeding, LLC and Viserion Grain, LLC, today proudly announced its plan to construct a state-of-the-art shuttle train receiver in Dalhart, Texas. This project will provide significant benefits for the Texas Panhandle, reinforcing Five Rivers' established regional presence while utilizing Viserion Grain’s expertise in origination and merchandising to meet local feed demand. Five Rivers and Viserion Grain, a

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