Advisor Duo Joins LPL Financial to Launch 1818 Wealth Management

LPL Financial LLC announced that financial advisors Stephen Shevlin and Jonathan Joelner, MBA, have joined LPL Financial’s broker-dealer, RIA and custodial platforms to launch a new independent practice, 1818 Wealth Management. The team reported having served approximately $300 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co. Based in Swansea, Ill. — just 20 minutes from the Gateway Arch in St. Louis — Shevlin and Joelner have worked...

Redwood Trust Prices $85.0 Million Senior Notes Offering

Redwood Trust, Inc. announced the pricing of an underwritten public offering of $85,000,000 aggregate principal amount of its 9.00% senior notes due 2029. In connection with the offering, Redwood granted the underwriters a 30-day option to purchase up to an additional $12,750,000 aggregate principal amount of Notes, to cover over-allotments. The offering is expected to close on June 18, 2024, subject to the satisfaction of certain closing conditions. Redwood intends to apply to list the...

FAT investors can join FAT Brands fraud lawsuit with Schall Law

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against FAT Brands Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between March 24, 2022 and May 10, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before August 6, 2024. If...

Fosun’s Fintech Arm Projects 10-Fold Asset Growth

Finloop Finance Technology Holding Limited, a leading digital intelligent wealth management platform independently incubated by Fosun Wealth International Holdings Limited, a subsidiary of Fosun International (00656.HK), announced that it has entered into strategic cooperation agreements with multiple leading fintech companies, including China Asset Management (Hong Kong),  Taikang Asset Management (Hong Kong), Ping An of China Asset Management (Hong Kong), Bosera Asset Management (International), E Fund Management (Hong Kong), Zhong Ou Asset Management International, Hundsun Ayers Technologies, Hithink...

6,100+ Union Members Prepare for Skills Training

More than 6,100 members from five national and international trade unions will travel to Ann Arbor this summer to advance their skills and knowledge. Nearly 5,000 will train at Washtenaw Community College (WCC). Plumber and pipefitter; ironworker; roofer; plasterer and cement mason; and electrical worker union members will train with their respective trade organizations each for a week beginning today through August. The “teach the teacher” partnerships bring union members from throughout the United States...

GICAI Launches Global Digital Currency Trading Platform

GICAI announced today that its new global digital currency quantitative trading platform has been officially launched. The platform integrates cutting-edge algorithms and AI technology to provide global investors with an efficient and safe high-yield investment channel. As a company dedicated to promoting the forefront of digital currency investment, GICAI’s mission is to use innovative technology to simplify the investment process so that every investor can easily make a profit. GICAI’s CEO said: “Our platform not...

Alchemy Pay Announces USDt Support on TON Network

Alchemy Pay has seamlessly integrated the newly-launched USDt on TON stablecoin by Tether onto its payment ramp, expanding accessibility and enhancing the user experience for those looking to engage with USDt on TON through fiat transactions, reaching out to the vast network of Telegram’s 900 million users. TON is a global, decentralized blockchain community building the Web3 ecosystem in Telegram. Its inception was driven by the vision to empower the vast user base of Telegram with the genuine Web3 principles. TON...

PowerSchool to be Acquired by Bain Capital in $5.6 Billion Transaction

PowerSchool Holdings, Inc., a leading provider of cloud-based software for K-12 education, announced that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the Company at $5.6 billion. Under the terms of the agreement, PowerSchool stockholders will receive $22.80 per share in cash upon completion of the proposed transaction. The per share purchase price represents a premium of 37 percent over PowerSchool’s unaffected share price of $16.64...

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