Levi & Korsinsky, LLP announced a class action lawsuit against Altimmune, Inc. (NASDAQ: ALT) following a significant stock price decline after the release of disappointing Phase 2b trial results for Pemvidutide. Investors who suffered losses between August 10, 2023, and June 25, 2025, are urged to contact the firm.
Duane Buziak, Virginia's top mortgage broker, unveiled FreePreQuals.com, a free, credit-impact-free mortgage pre-qualification platform. The platform offers instant results and empowers homebuyers to explore options without pressure or fees. This launch complements Buziak's existing mortgage solutions.
AM Best's report shows US-Bermuda reinsurers maintained underwriting profitability in 2024, despite some decline from record 2023 results. Increased net premiums written offset a rise in the combined ratio. The positive trend continues despite pricing pressures.
Klarna, a buy-now-pay-later giant, is pursuing a $1.27 billion initial public offering (IPO) on the New York Stock Exchange. The IPO aims to diversify Klarna's offerings beyond its core business and return to profitability after recent losses. CEO Sebastian Siemiatkowski aims to disrupt traditional banking.
CIMG Inc. (Nasdaq: IMG) finalized a $55 million common stock sale for 500 Bitcoin. The company views this as part of its long-term Bitcoin holding strategy, aiming to build a substantial reserve. Wang Jianshuang, CIMG's CEO, highlighted the opportunities presented by integrating traditional business with the blockchain ecosystem.
Blue Navy Recovery, a leading unclaimed property recovery firm, is expanding its Georgia operations to meet increasing demand. The firm handles the entire claims process, charging only upon successful recovery. David Dorfman, Managing Partner, highlighted the growing number of people seeking to reclaim forgotten funds.
Over 300 Zum Transportation bus drivers and support staff in Maryland, represented by Teamsters Local 570, rallied for a first contract offering fair wages and benefits. Negotiations are ongoing, with pay a key sticking point, though back pay is offered retroactively. The union aims to secure a contract reflecting the workers' contributions.
Broadshore Capital Partners, led by CEO Brad Howe, has completed a management buyout, transitioning to a fully independent firm. This move, after a 15-year partnership with Guardian, positions Broadshore for future growth and enhanced client focus.
A couple is gifting $30,000 annually to their sister. They question gift tax implications, payment methods (Zelle, Venmo), and using a separate account. IRS guidelines and Schwab's advice on trusts are discussed.
Zoom's Brendan Ittelson accepted an Engineering, Science & Technology Emmy® Award for Zoom for Broadcast. The technology simplifies remote media contribution, enabling high-quality video and audio streams for live productions. It's revolutionizing how stories are told on television.
