Business, Non-profit and Government News for Philadelphians

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UGI Utilities Launches Major Gas Main Replacement Projects in Easton, Pennsylvania

UGI Utilities Launches Major Gas Main Replacement Projects in Easton, Pennsylvania

UGI Utilities, Inc. will begin two substantial gas main replacement projects in Easton, Pennsylvania in early January, representing a critical investment in infrastructure modernization and service re...

January 2, 2025Read the full article →
Kyverna Therapeutics Faces Securities Class Action Lawsuit Over IPO Disclosures

Kyverna Therapeutics Faces Securities Class Action Lawsuit Over IPO Disclosures

Kyverna Therapeutics is sued for allegedly failing to disclose adverse clinical trial data in its IPO, highlighting risks for biotech investors and the importance of transparency in public offerings.

January 2, 2025Read the full article →
Celsius Holdings Faces Securities Fraud Lawsuit Over Alleged Misleading Statements to Investors

Celsius Holdings Faces Securities Fraud Lawsuit Over Alleged Misleading Statements to Investors

A securities fraud class action lawsuit filed against Celsius Holdings, Inc. alleges the company made false and misleading statements about its business operations and financial outlook between Februa...

January 2, 2025Read the full article →
Wolfspeed Investors Face January 17 Deadline in Securities Fraud Class Action

Wolfspeed Investors Face January 17 Deadline in Securities Fraud Class Action

Wolfspeed, Inc. faces a securities fraud lawsuit alleging false statements about growth prospects and product demand, with a lead plaintiff deadline of January 17, 2025.

January 2, 2025Read the full article →
Securities Class Action Lawsuit Filed Against Symbotic Inc. Alleging Misleading Financial Statements

Securities Class Action Lawsuit Filed Against Symbotic Inc. Alleging Misleading Financial Statements

Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Symbotic Inc. (NASDAQ: SYM), alleging the company made materially false and misleading statements and failed to d...

January 2, 2025Read the full article →
Securities Fraud Class Action Filed Against Applied Therapeutics Over Govorestat Trial Misconduct

Securities Fraud Class Action Filed Against Applied Therapeutics Over Govorestat Trial Misconduct

A securities fraud class action lawsuit against Applied Therapeutics alleges the company made false statements about its drug govorestat, failing to adhere to trial protocols and good clinical practic...

January 2, 2025Read the full article →
Zeta Global Faces Securities Class Action Over Alleged Financial Misrepresentations

Zeta Global Faces Securities Class Action Over Alleged Financial Misrepresentations

A securities class action lawsuit alleges Zeta Global Holdings misled investors by inflating financial results through two-way contracts and predatory data collection, with a lead plaintiff deadline o...

January 2, 2025Read the full article →
Securities Class Action Lawsuit Filed Against MGP Ingredients Over Alleged Misleading Statements

Securities Class Action Lawsuit Filed Against MGP Ingredients Over Alleged Misleading Statements

Kessler Topaz Meltzer & Check, LLP has announced the filing of a securities class action lawsuit against MGP Ingredients, Inc. (NASDAQ: MGPI), alleging that the company made false and misleading state...

January 2, 2025Read the full article →
Nextracker Investors Face Critical Deadline in Securities Fraud Class Action

Nextracker Investors Face Critical Deadline in Securities Fraud Class Action

A securities fraud class action lawsuit alleges Nextracker misled investors about project delays and financial results, with a February 25, 2025 deadline for lead plaintiff applications.

January 2, 2025Read the full article →
Class Action Lawsuit Alleges DENTSPLY SIRONA Misled Investors Over Byte Aligner Product

Class Action Lawsuit Alleges DENTSPLY SIRONA Misled Investors Over Byte Aligner Product

A class action lawsuit claims DENTSPLY SIRONA failed to disclose safety issues and improper sales practices related to its Byte aligner product, potentially misleading investors and overstating the pr...

January 2, 2025Read the full article →
MGP Ingredients Faces Securities Class Action Over Alleged Misleading Statements

MGP Ingredients Faces Securities Class Action Over Alleged Misleading Statements

A securities class action lawsuit has been filed against MGP Ingredients, Inc. (NASDAQ: MGPI), alleging that the company made materially false and misleading statements about its business operations a...

December 31, 2024Read the full article →
Zeta Global Holdings Faces Securities Fraud Lawsuit with January 2025 Deadline for Investors

Zeta Global Holdings Faces Securities Fraud Lawsuit with January 2025 Deadline for Investors

Investors in Zeta Global Holdings Corp. (NYSE: ZETA) are facing a critical January 21, 2025 deadline to seek appointment as lead plaintiff in a securities fraud class action lawsuit. The law firm of K...

December 31, 2024Read the full article →
Securities Class Action Lawsuit Filed Against Kyverna Therapeutics Over IPO Disclosures

Securities Class Action Lawsuit Filed Against Kyverna Therapeutics Over IPO Disclosures

A securities class action lawsuit alleges Kyverna Therapeutics made false statements in its IPO documents by failing to disclose adverse clinical trial data, highlighting risks in biotech investing.

December 31, 2024Read the full article →
PACS Group Faces Securities Class Action Over Alleged Medicare Billing Fraud

PACS Group Faces Securities Class Action Over Alleged Medicare Billing Fraud

A securities class action lawsuit has been filed against PACS Group, Inc. (NYSE: PACS) by the law firm Kessler Topaz Meltzer & Check, LLP, alleging the company made materially false and misleading sta...

December 31, 2024Read the full article →
Celsius Holdings Faces Securities Class Action Over Alleged Misleading Financial Disclosures

Celsius Holdings Faces Securities Class Action Over Alleged Misleading Financial Disclosures

Celsius Holdings is sued for allegedly misleading investors about its sales to Pepsi, leading to a significant stock decline, with implications for transparency in the beverage industry.

December 31, 2024Read the full article →
DENTSPLY SIRONA Faces Class Action Over Byte Aligner Allegations; Lead Plaintiff Deadline Near

DENTSPLY SIRONA Faces Class Action Over Byte Aligner Allegations; Lead Plaintiff Deadline Near

A securities class action lawsuit alleges DENTSPLY SIRONA made false statements about its Byte aligner product, including targeting vulnerable consumers and failing to report patient injuries, with a ...

December 31, 2024Read the full article →
Nextracker Faces Securities Fraud Lawsuit Over Alleged Misleading Statements

Nextracker Faces Securities Fraud Lawsuit Over Alleged Misleading Statements

A securities fraud class action lawsuit has been filed against Nextracker Inc. (NASDAQ: NXT), alleging the company made false and misleading statements about its business operations and financial pros...

December 30, 2024Read the full article →
Securities Class Action Lawsuit Filed Against Symbotic Inc. Alleging Financial Misstatements

Securities Class Action Lawsuit Filed Against Symbotic Inc. Alleging Financial Misstatements

A securities class action lawsuit has been filed against Symbotic Inc. (NASDAQ: SYM), alleging violations of federal securities laws. The lawsuit, filed by the law firm Kessler Topaz Meltzer & Check, ...

December 30, 2024Read the full article →
Wolfspeed Faces Securities Class Action Over Alleged Misrepresentations of Growth and Demand

Wolfspeed Faces Securities Class Action Over Alleged Misrepresentations of Growth and Demand

A securities class action lawsuit against Wolfspeed Inc. alleges the semiconductor company made false and misleading statements about its growth potential and product demand between August 16, 2023, a...

December 30, 2024Read the full article →
Securities Class Action Lawsuit Filed Against Applied Therapeutics Over Alleged Clinical Trial Misconduct

Securities Class Action Lawsuit Filed Against Applied Therapeutics Over Alleged Clinical Trial Misconduct

A securities class action lawsuit has been filed against Applied Therapeutics, alleging false statements and failure to disclose protocol violations during the development of its drug candidate govore...

December 30, 2024Read the full article →
Innovative Designs Reports Exceptional Sales Growth Driven by Insultex House Wrap® Demand

Innovative Designs Reports Exceptional Sales Growth Driven by Insultex House Wrap® Demand

Innovative Designs Inc. (OTC Pink: IVDN) has reported exceptional sales growth for its fiscal third quarter ending July 31, 2024, with revenues more than doubling compared to the same period in 2023. ...

December 30, 2024Read the full article →
UGI Utilities Launches Major Gas Main Replacement Project in Coplay, Opening Natural Gas Conversion Opportunities

UGI Utilities Launches Major Gas Main Replacement Project in Coplay, Opening Natural Gas Conversion Opportunities

UGI Utilities, Inc. will begin a significant gas main replacement project in Coplay, Pennsylvania, starting November 19, with completion targeted by the end of December. This initiative represents a s...

December 29, 2024Read the full article →
UGI Utilities Launches Major Gas Main Replacement Project in Upper Saucon Township

UGI Utilities Launches Major Gas Main Replacement Project in Upper Saucon Township

UGI Utilities, Inc. will begin a major gas main replacement project in Upper Saucon Township, Pennsylvania, starting November 19, with completion anticipated by the end of January. This infrastructure...

December 29, 2024Read the full article →
UGI Utilities Launches Major Gas Main Replacement Project in Lancaster

UGI Utilities Launches Major Gas Main Replacement Project in Lancaster

UGI Utilities, Inc. is set to embark on a major gas main replacement project in Lancaster, beginning December 13. This infrastructure upgrade, aimed at enhancing safety and reliability of service, pre...

December 29, 2024Read the full article →
UGI Utilities Launches Gas Main Replacement Project in Emmaus, Pennsylvania

UGI Utilities Launches Gas Main Replacement Project in Emmaus, Pennsylvania

UGI Utilities, Inc. has started a major gas main replacement project in Emmaus, Pennsylvania, with work beginning on December 2 and expected to finish by the end of January. This initiative is part of...

December 29, 2024Read the full article →
UGI Announces Temporary Fountain Avenue Lane Closure for Natural Gas Infrastructure Project

UGI Announces Temporary Fountain Avenue Lane Closure for Natural Gas Infrastructure Project

Residents and commuters in Manheim Township, Lancaster County should prepare for traffic disruptions on December 11 as UGI Utilities, Inc. continues its natural gas main installation project. The util...

December 29, 2024Read the full article →
UGI Reschedules Manheim Township Road Closure for Natural Gas Main Installation

UGI Reschedules Manheim Township Road Closure for Natural Gas Main Installation

UGI Utilities, Inc. has postponed a planned road closure for natural gas main installation in Manheim Township, Lancaster County, from the original schedule to Thursday, December 12, due to anticipate...

December 29, 2024Read the full article →
UGI Utilities Launches Major Gas Main Replacement Project in Allentown

UGI Utilities Launches Major Gas Main Replacement Project in Allentown

UGI Utilities, Inc. will begin a substantial gas main replacement project in Allentown, Pennsylvania on December 20, with work scheduled to continue through early March. This infrastructure upgrade re...

December 29, 2024Read the full article →