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Investor AB

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📢 Press Releases

Date Press release
2025-03-27 09:00:00 Kartoon Studios To Report Q4 2024 Results Pre-market On March 31
Ceo andy heyward and cfo brian parisi to host video q&a session with investor bryce mcnallie of the popular mcnallie money podcast ceo andy heyward and cfo brian parisi to host video q&a session with investor bryce mcnallie of the popular mcnallie money podcast
2025-03-14 05:00:00 Pilgrim’s Announces $1.5 Billion Special Dividend And Long-term Capital Allocation Strategy
Company outlines portfolio enhancements, brand growth at investor day in new york company outlines portfolio enhancements, brand growth at investor day in new york
2024-09-17 15:01:32 Sec Charges Multiple Individuals And Entities In Relationship Investment Scams
Sec charges multiple individuals and entities in relationship investment scams september 17, 2024 2:29 pm edt | source: newsfile sec press digest washington, d.c.--(newsfile corp. - september 17, 2024) - the securities and exchange commission today charged five entities and three individuals in connection with two relationship investment scams involving fake crypto asset trading platforms nanobit and coinw6, respectively. the sec’s two complaints allege that the defendants solicited investors via social media apps, lied to them to gain their trust and confidence, and then stole their money. these charges are the sec’s first enforcement actions alleging these types of scams.“relationship investment scams, including those involving crypto asset investments, pose a risk of catastrophic harm to retail investors, and the threat is increasing rapidly as these scams become more popular with fraudsters,” said gurbir s. grewal, director of the sec’s division of enforcement. “in these two cases, we allege that fraudsters created fake crypto ecosystems that displayed false information to investors. our allegations serve as a reminder to the public to be on heightened alert about potential scams involving investment opportunities promoted by strangers on social media.”the sec’s complaint in sec v. nanobit limited et al. alleges that, from approximately october 2023 to at least june 2024, scheme participants impersonated financial industry professionals in whatsapp groups to build investors’ trust and then solicited their investments through the supposed nanobit crypto asset trading platform. to persuade investors that the platform was safe, nanobit allegedly falsely claimed that its affiliate, nanobitus securities, was an sec-registered broker. the supposed financial professionals then touted fake initial coin offerings as a way for the investors to make substantial returns. as alleged, however, the nanobit platform was fake, and investors’ funds in fact went to scheme participants who wired more than $2 million to bank accounts in hong kong and misappropriated hundreds of thousands of dollars’ worth of investors’ crypto assets.the sec’s complaint, filed in u.s. district court for the eastern district of new york, charges nanobit limited, radiant horizons limited, sweet karma fashion inc., zhao tropical deli inc., jiajie liu, fei liao, and hua zhao with violating the antifraud provisions of the federal securities laws. the sec seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against each defendant.separately, the sec’s complaint in sec v. coinw6 alleges that, from approximately july 2022 to at least december 2023, scheme participants who purported to be young, wealthy professionals contacted prospective investors via linkedin and instagram and pursued romantic relationships over whatsapp. scheme participants gained investors’ trust and then convinced them to open accounts on coinw6’s supposed crypto asset trading platform. as alleged, the schemers claimed that investors could earn up to a three percent return per day from coinw6’s crypto asset staking, mining, and yield farming products. in reality, investors’ funds were misappropriated, and their ostensible investments, profits, and account balances were fictitious. when investors tried to withdraw their purported profits, the schemers allegedly demanded additional payments for taxes or fees, told investors that the crypto assets were frozen as part of a law enforcement inquiry, or tried to blackmail them using compromising romantic communications over whatsapp.the sec’s complaint, filed in u.s. district court for the central district of california, charges coinw6 with offering and selling securities in unregistered offerings and with violating the antifraud provisions of the federal securities laws. the sec seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against coinw6.the sec’s investigation regarding nanobit was conducted by jeremy brandt, michael dibattista, and neil hendelman of the new york regional office and was supervised by rebecca reilly and sheldon l. pollock. the litigation is being conducted by todd brody and jeremy brandt and supervised by alexander vasilescu.the sec’s investigation regarding coinw6 was conducted by matthew b. reisig and was supervised by timothy n. england and melissa hodgman. the litigation is being conducted by david nasse and matthew b. reisig. the sec appreciates the assistance of the monetary authority of singapore in this investigation.the sec’s office of investor education and advocacy, in collaboration with the cftc’s office of customer education and outreach, finra, and nasaa, has issued an investor alert about these scams, warning that fraudsters may reach out to investors and slowly build trust before convincing them to “invest” their money and then defrauding them through fake investments.the sec encourages investors to check the backgrounds of anyone selling or offering them an investment using investor.gov. source: newsfile sec press digest learn more about bill c-18 and how it will affect canadian users when viewing news online.
2024-08-06 16:15:00 Greenlight Re Announces Second Quarter 2024 Financial Results
Premium growth of 9.1%; 2024 investor day to be held on tuesday november 19, 2024 premium growth of 9.1%; 2024 investor day to be held on tuesday november 19, 2024
2024-05-20 12:18:13 Akro Investor Alert: Kessler Topaz Meltzer & Check, Llp Urges Akero Therapeutics, Inc. Investors With Losses To Contact The Firm
Akro investor alert: kessler topaz meltzer & check, llp urges akero therapeutics, inc. investors with losses to contact the firm may 20, 2024 10:45 am edt | source: kessler topaz meltzer & check, llp radnor, pennsylvania--(newsfile corp. - may 20, 2024) - the law firm of kessler topaz meltzer & check, llp (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the united states district court for the northern district of california against akero therapeutics, inc. (’akero’) (nasdaq: akro). the action charges akero with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. as a result of akero’s materially misleading statements and omissions to the public, akero’s investors have suffered significant losses.if you suffered akero losses, you may click here or go to: https://www.ktmc.com/new-cases/akero-therapeutics-inc?utm_source=pr&utm_medium=link&utm_campaign=akro&mktm=ryou can also contact attorney jonathan naji, esq. of kessler topaz by calling (484) 270-1453 or by email at info@ktmc.com. the lead plaintiff deadline is june 25, 2024. defendants’ alleged misconductakero is a clinical stage drug development company which has yet to generate any revenues because the fda has not approved any of its drug candidates for sale. to finance the company’s operations, akero conducted two secondary stock offerings and one at-the-market stock offering during the class period, raising over $577 million. in order to successfully complete these offerings and raise part of the funding, akero needed to develop and commercialize efx, akero’s lead product candidate, which was being developed to treat nonalcoholic steatohepatitis (’nash’) - a serious form of nonalcoholic fatty liver disease that is estimated to affect 17 million americans.the class period begins on september 13, 2022. on that date, akero filed with the sec a form 8-k which reported the 24-week results for akero’s phase 2b harmony study of efx in patients with pre-cirrhotic nash. the form 8-k and the attached press release stated that both the 50 milligram and 28 milligram doses of efx had achieved statistical significance on primary and secondary histology endpoints after 24 weeks.two days later, on september 15, 2022, akero filed with the sec a prospectus supplement for a secondary offering of akero common stock, pursuant to, the company eventually sold over 8.8 million shares of akero common stock at $26 per share, raising gross proceeds of approximately $230 million.throughout the class period, defendants repeatedly misled investors as to the true nature of the patient population that was being tested in akero’s symmetry study. specifically, despite telling investors that the study’s patient population was limited to those with nash induced cirrhosis (a fact that was key for data integrity and the likelihood of study success), for approximately 20% of those being tested akero had not confirmed that the patients had nash and that nash had in fact caused their cirrhosis.akero shocked the market on october 10, 2023 when the company posted disappointing interim data from its phase 2b symmetry trial for efx. specifically, akero stated that 22% (28mg) and 24% (50mg) of those on efx and 14% on placebo indicated at least one stage improvement in fibrosis with no worsening of nash at week 36, the trial’s primary endpoint, but that these changes were not statistically significant. in addition, akero added that 12 patients, including 11 in efx groups, discontinued the trial due to drug-related adverse events. on this news, akero’s stock price fell $30.39 per share, or 62.61%, to close at $18.15 per share on october 10, 2023.what can i do?akero investors may, no later than june 25, 2024, seek to be appointed as a lead plaintiff representative of the class through kessler topaz meltzer & check, llp or other counsel, or may choose to do nothing and remain an absent class member. kessler topaz meltzer & check, llp encourages akero investors who have suffered significant losses to contact the firm directly to acquire more information. the class action complaint against akero, klobus v. akero therapeutics, inc., et al., case no. 24-cv-02534, is filed in the united states district court for the northern district of california.click here to sign up for the case or go to: https://www.ktmc.com/new-cases/akero-therapeutics-inc?utm_source=pr&utm_medium=link&utm_campaign=akro&mktm=rwho can be a lead plaintiff?a lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. the lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. the lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.about kessler topaz meltzer & check, llpkessler topaz meltzer & check, llp prosecutes class actions in state and federal courts throughout the country and around the world. the firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. all of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. the complaint in this action was not filed by kessler topaz meltzer & check, llp. for more information about kessler topaz meltzer & check, llp please visit www.ktmc.com.contact:kessler topaz meltzer & check, llpjonathan naji, esq.(484) 270-1453280 king of prussia roadradnor, pa 19087info@ktmc.commay be considered attorney advertising in certain jurisdictions. past results do not guarantee future outcomes.to view the source version of this press release, please visit https://www.newsfilecorp.com/release/209804 source: kessler topaz meltzer & check, llp
2024-05-16 07:00:00 UGVtYmluYS BQaXBlbGlu ZSBDb3Jwb3 JhdGlvbiBI b3N0aW5nID IwMjQgSW52 ZXN0b3IgRG F5
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