Releases

28020 items in section

Rackspace Technology Faces Investor Probe Following Guidance Slash

Shares of Rackspace Technology plummeted more than 25% on July 9, 2026, after the company issued a surprise downward revision to its annual revenue and earnings forecasts. The sudden adjustment, which cut expected revenue by $150 million, has triggered a securities investigation into whether prior financial outlooks provided to investors were misleading.

Halper Sadeh Launches Investigations into Element, Crinetics and Solstice

Conflict lead: Investors are scrutinizing three major corporate mergers as law firm Halper Sadeh LLC probes potential fiduciary breaches. The firm alleges that proposed acquisition terms may unfairly prioritize insider interests and stifle superior competing offers, prompting a call for shareholders to evaluate their legal standing.

Graphite One Shifts to Full EIS Review for Alaska Deposit

The U.S. Army Corps of Engineers and Graphite One have opted for a comprehensive Environmental Impact Statement to evaluate the Graphite Creek project. Despite the heightened regulatory scrutiny, the developer maintains that the transition will not derail its target of achieving full production by 2029.

Think Together Launches Expanded After-School Programs in Santa Maria

Nearly 100 new education roles will emerge in Santa Maria this fall as Think Together begins a partnership with the Santa Maria-Bonita School District. The nonprofit, which provides expanded learning services across California, will manage after-school programming at 13 elementary schools to support academic growth and youth development.

Two Hands Corporation Delists from CSE and Eyes Quantum Rebranding

Two Hands Corporation has finalized its voluntary withdrawal from the Canadian Securities Exchange, effective July 7, 2026. This move marks a strategic pivot for the Locust Valley-based firm, which is now petitioning Delaware regulators to rename itself Quantum X Corporation to better align with its new focus on quantum computing and AI.

H.I.G. Capital Acquires Majority Stake in Pet Brand Outward Hound

Centennial-based pet product manufacturer Outward Hound has changed hands, with investment firm H.I.G. Capital stepping in as the new majority owner. The deal aims to inject fresh capital into the company’s product development pipeline, strengthening its portfolio of dog and cat brands while expanding its reach across retail channels.

H.I.G. Capital Takes Majority Stake in Pet Brand Outward Hound

Pet industry player Outward Hound has transitioned to majority ownership under H.I.G. Capital, a global investment firm managing $75 billion in assets. The deal, announced Tuesday from the company’s Centennial headquarters, aims to inject fresh capital into product innovation and retail expansion for the firm’s diverse portfolio of pet brands.

Bipartisan Sunshine for Our Kids Act Targets Permanent Standard Time

With the introduction of the Sunshine for Our Kids Act, U.S. Representatives Mary Gay Scanlon and Pat Harrigan are pushing to end the nation’s twice-yearly clock shifts. The bipartisan proposal aims to establish permanent standard time, a move the American Academy of Sleep Medicine argues is essential for public health.

Missouri Adopts Clean Slate Law to Automate Expungement of Drug Offenses

Fewer than 1% of Missourians eligible for record relief ever receive it, a statistic that prompted a five-year lobbying effort from the state’s business community. Today, Governor Mike Kehoe signed SB 1421 into law, mandating an automated process to clear records for thousands of residents with low-level drug offenses.

Dodge Revives Power Dollars Program for 2026 Charger SIXPACK Models

Dodge is incentivizing high-performance sales by offering a $10 cash allowance for every unit of horsepower on select 2026 Charger SIXPACK models. Running through August 3, the promotion provides buyers with significant discounts, effectively lowering the entry price for the 550-horsepower Scat Pack variant to under $49,500.

Ultimate Longevity Center Sells 200 Franchises Before First Opening

Two hundred franchise territories have been claimed in just four months, signaling a massive shift in the preventive health market. Anthony Geisler’s new venture, Ultimate Longevity Center, aims to standardize the fragmented longevity industry by placing high-end clinical protocols and recovery technology into local neighborhood retail spaces.

International Paper Idles Alabama Mill After Roof Damage

Severe weather has crippled a critical roof at International Paper’s Pine Hill facility, forcing a temporary shutdown of the Alabama plant. Management shuttered the site to ensure the safety of employees and contractors as engineers evaluate the structural integrity of the damaged manufacturing hub.

Chambersburg Reenacts Its 1864 Destruction and Resilience

Confederate flames will once again appear to consume the streets of Chambersburg on July 18, as the Franklin County Visitors Bureau hosts its annual living history portrayal. The event marks the anniversary of the 1864 raid, blending somber historical reflection with a celebration of the community’s eventual rebirth from the ashes.

Citadel and Virtu Face Class Action Over Alleged Genius Group Spoofing

Investors in Genius Group Limited have launched a class action lawsuit against Citadel Securities and Virtu Americas, accusing the firms of orchestrating a widespread market manipulation scheme. The complaint alleges that the defendants utilized deceptive "spoofing" tactics to artificially influence stock prices and capture illicit trading profits.

Pomerantz LLP Launches Investigation into Primoris Services

A 50% single-day stock plunge followed by the sudden departure of its Chief Operating Officer has triggered a formal investigation into Primoris Services Corporation. New York-based Pomerantz LLP is currently examining whether the company and its leadership engaged in securities fraud or unlawful business practices following a series of downward financial revisions.

Dun & Bradstreet Integrates Business Intelligence into Cursor AI

Developers using the Cursor platform can now access the D&B Commercial Graph directly within their coding environments. By integrating verified business identity and risk data, the new plugin enables the creation of autonomous agents capable of handling complex compliance and procurement tasks with a built-in, auditable trail.

Hub Group Faces Class Action Lawsuit Following Accounting Errors

Investors who suffered losses in Hub Group, Inc. are being urged to join a class action lawsuit against the company. The legal action follows a series of disclosures regarding misstated financial reports from 2023 through 2025, which led to significant volatility in the company’s stock price earlier this year.

Pomerantz LLP Launches Investigation into Gildan Activewear

Shares of Gildan Activewear plummeted 18.7% on June 16, 2026, after a report from Jehoshaphat Research challenged the company’s financial health. The firm alleged that Gildan masked years of negative organic growth through aggressive financial engineering, prompting a formal investigation by the law firm Pomerantz LLP into potential securities fraud.

Solaris Energy Infrastructure to Join S&P SmallCap 600

Solaris Energy Infrastructure will join the S&P SmallCap 600 index on July 15, 2026, taking the spot currently held by Catalyst Pharmaceuticals. The shuffle follows the pending acquisition of Catalyst Pharmaceuticals by Angelini Pharma S.p.A., which prompted the removal of the healthcare firm from the benchmark index.

Pomerantz LLP Launches Investigation into Aether Holdings

Aether Holdings is facing scrutiny from the law firm Pomerantz LLP, which is probing potential securities fraud following allegations that the company operated as a sophisticated pump-and-dump scheme. The investigation centers on claims of deceptive business practices and false filings that surfaced shortly after the firm's 2025 public offering.

Medline Industries Faces Securities Fraud Investigation

A 7.16% drop in Medline Industries’ stock price has triggered a formal investigation by Pomerantz LLP into potential securities fraud. The inquiry follows a June 2, 2026, U.S. Food and Drug Administration warning letter citing significant violations of manufacturing regulations and failures to investigate unexplained batch discrepancies at the firm.

ZoomInfo Faces Class Action Lawsuit Following Stock Price Plunge

A 32.78% drop in share price has triggered a class action lawsuit against ZoomInfo Technologies Inc. Investors who suffered losses after the company slashed its 2026 financial guidance now have until August 25, 2026, to petition the court to serve as lead plaintiff in the ongoing securities fraud litigation.

Pomerantz LLP Launches Investigation Into Identiv Following Asset Sale

Identiv shares plummeted 32% after the company announced plans to divest its Internet of Things assets and Thai subsidiary to Trackonomy Systems. The deal, which requires Identiv to contribute $25 million in cash for $50 million in preferred equity, has prompted a formal investigation by the law firm Pomerantz LLP.

Pomerantz LLP Launches Inquiry into Datavault AI Securities Practices

Investors in Datavault AI Inc. are under scrutiny as New York-based law firm Pomerantz LLP begins an investigation into potential securities fraud. The inquiry centers on allegations that the company misled shareholders regarding its core technology claims and business operations, following a damaging report from Wolfpack Research.

Pomerantz LLP Launches Investigation into ARS Pharmaceuticals

A 23.91% collapse in ARS Pharmaceuticals stock following a failed insurance coverage announcement has triggered a formal investigation by Pomerantz LLP. The firm is now examining whether the company and its leadership misled shareholders regarding the commercial prospects of its flagship nasal epinephrine spray, neffy.

Cerebras Systems Faces Investigation Following Stock Price Plunge

A 19.6% single-day stock drop has triggered a formal investigation into Cerebras Systems Inc. as legal counsel probes potential securities fraud. The inquiry follows the company’s recent quarterly report, which revealed financial results that fell significantly short of market expectations, leaving investors questioning the accuracy of earlier disclosures.

Pomerantz Law Firm Launches Hertz Global Holdings Securities Probe

Shares of Hertz Global Holdings plummeted 40.71% on June 24, 2026, after the company disclosed a $300 million private offering of exchangeable senior notes. Following the sharp market reaction, the New York-based Pomerantz LLP has opened an investigation into potential securities fraud and unlawful business practices by company leadership.

Clarins Targets Lifestyle Aging with New Double Serum Eye Formulation

Eighty-five percent of visible eye aging stems from environmental factors rather than genetics alone. Addressing this, French prestige brand Clarins is launching a new iteration of its Double Serum Eye, utilizing seven years of epigenetic research to combat the cumulative effects of pollution, fatigue, and daily habits on the eye contour.

Pomerantz LLP Launches Investigation Into Portillo’s Stock Performance

A 5.67% single-day share price drop following a sudden strategic reset has triggered a formal investigation by Pomerantz LLP. The firm is currently reviewing potential securities fraud and fiduciary breaches at Portillo's Inc., specifically targeting whether leadership misled investors regarding the company’s 2025 financial and operational growth targets.