Professional Services News

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today an update on the level of support received from Noteholders (as defined below) in connection with Sherritt’s previously announced transaction to extend the maturities of the Corporation’s note obligations and strengthen the Corporation’s capital structure (the “CBCA Transaction”) to be implemented pursuant to a corporate plan of arrangement, as amended, under the Canada Busines...

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 Texas, captioned Pirello v. Solaris Energy Infrastructure, Inc., et al., Case No. 25-cv-01455, on behalf of persons and entities that purchased or otherwise acquired Solaris Energy Infrastructure, Inc. (“Solaris” or the “Company”) (NYSE: SEI) securities between July 9, 2024 and March 17, 2025, inclusive (the “C...

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA) announced today that its Board of Directors adopted a shareholder rights plan designed to protect long-term shareholder value by preserving the availability of Sunnova’s net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code (“Tax Asset Preservation Plan”). As of December 31, 2024, Sunnova had approximately $1.4 billion of U.S. federal NOLs that could be available to...

NORWALK, Conn.--(BUSINESS WIRE)--Xerox Corporation today announced that it has successfully priced an offering of (i) $400,000,000 in aggregate principal amount of 10.250% Senior Secured First Lien Notes due 2030 (the “First Lien Notes”) to be issued by Xerox Corporation and guaranteed by Xerox Holdings Corporation (“Xerox” and, together with Xerox Corporation, the “Company”) and certain of Xerox’s domestic and foreign subsidiaries and (ii) $400,000,000 in aggregate principal amount of 13.500%...

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 has commenced an investigation into GitLab Inc. (“the Company”) (NasdaqGS: GTLB). On March 4, 2024, despite prior positive statements to investors regarding its ability to develop AI features to generate code more efficiently and increase market demand for its DevSecOps platform, the Company disclosed lower...

OAKLAND, Calif.--(BUSINESS WIRE)--Gibbs Mura, A Law Group, is investigating potential legal claims on behalf of shareholders with losses in Hesai Group (NASDAQ: HSAI)....

MISSISSAUGA, Ontario--(BUSINESS WIRE)--VIQ Solutions Inc. (“VIQ” or the “Company”) (TSX: VQS), a global leader in secure, AI-driven voice and video capture technology and transcription services, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. All figures are in U.S. dollars and prepared in accordance with International Financial Reporting Standards (IFRS). VIQ delivered a $6.0 million year-over-year improvement in Adjusted EBITDA1,...

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 31, 2025 to file lead plaintiff applications in a securities class action lawsuit against Integral Ad Science Holding Corp. (the “Company”) (NasdaqGS: IAS), if they purchased the Company’s shares between March 2, 2023 and February 27, 2024, inclusive (the “Class Period”). This action is pending in...

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...

NEW YORK--(BUSINESS WIRE)--August Schools, a SaaS platform for student wellbeing management, announced the launch of August Intelligence, the first AI agent designed to help schools access critical insights, streamline administrative tasks, and enhance student support. With August Intelligence, school teams—including administrators, counselors, and other key support personnel—can ask complex questions about their student community and receive instant, data-aggregated answers. The AI agent can a...