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Contact The Gross Law Firm by June 3, 2025 Deadline to Join Class Action Against Cerevel Therapeutics Holdings, Inc. (ABBV)
GlobeNewswire News Room· 2025-06-04 17:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Cerevel Therapeutics Holdings, Inc. regarding a class action lawsuit related to alleged misleading statements and omissions during a secondary stock offering, which may have artificially deflated the stock price prior to a merger announcement with AbbVie Inc. [1][4] Group 1: Class Action Details - The class period for the lawsuit is from October 11, 2023, to August 1, 2024, and includes shareholders who sold or held shares during this timeframe [3]. - Shareholders are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for June 3, 2025 [5]. Group 2: Allegations Against Cerevel - The complaint alleges that Cerevel's October 16, 2023 secondary stock offering omitted material facts about AbbVie's interest in acquiring Cerevel at a significantly higher price than the offering price of $22.81 per share [4]. - Bain Capital, Cerevel's controlling shareholder, allegedly acquired shares at an artificially depressed price while possessing nonpublic information about AbbVie's acquisition interest, leading to a windfall of over $120 million when AbbVie agreed to acquire Cerevel for $45 per share [4]. Group 3: Legal Representation - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights and ensuring responsible business practices [6].
Profit From the Silver Tsunami: Must-Watch Senior Care & Aging Stocks
ZACKS· 2025-06-04 15:35
Demographic Trends - The global population is aging rapidly, with life expectancies increasing and birth rates declining, leading to a demographic imbalance in both developed and emerging economies [1] - By 2030, one in six individuals globally will be over 60, and by 2050, this figure is expected to reach 2.1 billion, with 80% residing in low- and middle-income countries [2] Healthcare Market Dynamics - The global geriatric care market was valued at approximately $1.2 trillion in 2025, up from around $1 trillion in 2022, driven by the rising prevalence of chronic conditions among older adults [3] - There is a growing demand for pharmaceuticals, medical devices, home-based care, and digital health solutions tailored for aging populations [3] Company Strategies - Healthcare companies like Boston Scientific, AbbVie, Amgen, and Dexcom are enhancing operational efficiency to expand their presence in the Seniors & Aging Demographics domain [4] - Pharmaceutical companies are focusing on developing treatments for chronic conditions prevalent in older adults, particularly in immunology, oncology, and neurodegenerative diseases [5] Investment Opportunities - The Healthcare Real Estate Investment Trust (Healthcare REIT) sector is gaining attention, with companies like Community Healthcare Trust and CareTrust REIT focusing on specialized healthcare real estate for the aging population [6] - Digital health solutions, AI-driven diagnostics, and home-based monitoring systems are creating new revenue opportunities for healthcare firms [5] Company Highlights - Boston Scientific has developed devices like the WATCHMAN and SYNERGY systems, catering to the needs of elderly patients [8] - AbbVie is expanding its focus on the aging demographic through strategic acquisitions and partnerships, including the acquisition of Aliada Therapeutics for Alzheimer's treatment [10][11] - Amgen is advancing its R&D pipeline with a focus on elderly-targeted medicines, including osteoporosis treatments and obesity drugs [13][14][15] - Dexcom is enhancing its continuous glucose monitoring systems for seniors, including the launch of the Stelo system, which is designed for ease of use [16][17]
June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs
Seeking Alpha· 2025-06-04 12:13
Group 1 - The leader of The Dividend Dog Catcher investing group shares at least one new dividend stock idea weekly, focusing on yield or extraordinary financial circumstances [1] - All investment ideas are archived and available for review after the weekly announcement [1] Group 2 - The article emphasizes that it is for informational and educational purposes only and should not be interpreted as investment advice [2] - It clarifies that past performance does not guarantee future results and that no specific investment recommendations are provided [3]
3 Cheap Dividend Growth Stocks to Buy Right Now
The Motley Fool· 2025-06-04 09:50
Core Viewpoint - Dividend growth stocks are ideal long-term investment options as they provide good payouts and potential for capital appreciation, helping to mitigate inflation effects [1] Group 1: Investment Opportunities - ExxonMobil has increased its annual dividend for 42 consecutive years, currently yielding 3.76%, which is significantly higher than the S&P 500 average of 1.3% and its own three-year average of 3.4% [4][5] - Verizon Communications offers the highest yield on the list at 6.2%, which is above its five-year average of 5.8%, despite a 22% decline in stock price over the past five years [6][7] - AbbVie, classified as a Dividend King with over 50 years of annual increases, currently yields 3.5% and has a strong portfolio in various therapeutic areas [10][12] Group 2: Financial Metrics - ExxonMobil trades at less than 14 times its trailing earnings, indicating a relatively cheap valuation [4] - Verizon trades at less than 11 times its earnings, with an estimated free cash flow of at least $17.5 billion, significantly exceeding its annual dividend payout of $11 billion [8][9] - AbbVie trades at an earnings multiple of around 80, but based on future profit estimates, it trades at about 15 times its expected earnings [11]
Bert's May 2025 Dividend Income Summary
Seeking Alpha· 2025-06-03 17:43
Group 1 - The article emphasizes the passion for investing, dividends, frugality, and passive income as a pathway to financial freedom [1] - It highlights the importance of reinvesting dividends to achieve a work-free life [1] - The company shares updates on stocks being monitored, bought, and sold, along with overall market thoughts [1] Group 2 - The company maintains an active presence on various platforms including a blog, social media, and a YouTube channel to engage with followers [1] - The content shared includes every aspect of their investment journey, aiming to provide transparency and insights [1]
AbbVie Invites People Living with Migraine to Enter the Second Annual AbbVie Migraine Career Catalyst Award™ Contest to Support Their Professional Goals
Prnewswire· 2025-06-03 12:15
Core Insights - AbbVie has launched the second annual AbbVie Migraine Career Catalyst Award™ contest, providing financial support to individuals living with migraine to pursue their personal, professional, and educational goals [1][5][8] - The contest aims to raise awareness about the impact of migraine in the workplace, where it is often misunderstood, and to advocate for individuals affected by this condition [2][3][9] Group 1: Contest Details - The contest is open for entries until September 2, 2025, with 20 winners receiving $2,500 each [1][5][6] - Participants can submit essays, videos, or audio clips detailing their experiences with migraine and career aspirations [4][5] - Winners from the previous year utilized their awards for various professional development activities, such as creating migraine-friendly workspaces and enhancing their skills [3][4] Group 2: Impact of Migraine - Migraine is the second leading cause of disability globally, significantly affecting productivity and career growth [2][8] - Nearly 90% of individuals with migraine report that it interferes with their work performance, highlighting the need for support beyond medical treatment [2][8] - AbbVie is the only company with three approved migraine treatment products and is committed to addressing the challenges faced by individuals living with migraine in professional settings [9][10]
AbbVie to Present at the Goldman Sachs 46th Annual Global Healthcare Conference
Prnewswire· 2025-06-03 12:00
Group 1 - AbbVie will participate in the Goldman Sachs 46th Annual Global Healthcare Conference on June 10, 2025, with management engaging in a fireside chat at 10:20 a.m. Central time [1] - A live audio webcast of the presentation will be available on AbbVie's Investor Relations website, with an archived version accessible later that day [1] Group 2 - AbbVie's mission focuses on discovering and delivering innovative medicines and solutions to address serious health issues and future medical challenges [2] - The company aims to make a significant impact in key therapeutic areas including immunology, oncology, neuroscience, and eye care, along with products in the Allergan Aesthetics portfolio [2]
Put Cash To Work: 2 Magnificent Dividends I'm Betting On
Seeking Alpha· 2025-06-02 14:00
Core Insights - Bitcoin (BTC-USD) has increased by 55% and Gold (GLD) by 40% over the past 12 months, indicating a strong market interest in scarce assets [2] Group 1: Investment Focus - iREIT+HOYA Capital emphasizes income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] Group 2: Market Trends - The significant rallies in Bitcoin and Gold suggest a growing preference for assets perceived as scarce, reflecting broader market trends [2]
AbbVie Partners with Chicago Cubs on "Striking Out Cancer"
Prnewswire· 2025-05-30 12:00
Core Points - AbbVie has launched a multi-year partnership with the Chicago Cubs to support cancer advocacy through the "Striking Out Cancer" campaign, which begins with the Cubs' game against the Cincinnati Reds [1][3] - For every strikeout by a Cubs pitcher at home during the 2025 regular season, AbbVie will donate $233, reflecting the statistic of approximately 233 Americans diagnosed with cancer every hour [1][2] - The funds raised will be donated to Cubs Charities, benefiting non-profit organizations like Conquer Cancer®, which focuses on advancing cancer research and patient care [1][3][7] Company Overview - AbbVie is a global biopharmaceutical company dedicated to discovering and delivering transformative medicines across various therapeutic areas, including oncology [2][4] - The company aims to address serious health issues and improve patient outcomes through innovative therapies for cancers such as leukemias, lymphomas, and lung cancer [2][4] Partner Overview - The Chicago Cubs, a historic Major League Baseball franchise, have a commitment to community engagement and charitable initiatives, including the "Striking Out Cancer" campaign [5][6] - Cubs Charities has invested over $51 million in community programs since 2009, focusing on youth development and safe play environments [6] Beneficiary Overview - Conquer Cancer®, the ASCO Foundation, has awarded over $203 million in grants to improve cancer care and research since its inception in 1984 [7]
Contact The Gross Law Firm by June 3, 2025 Deadline to Join Class Action Against Cerevel Therapeutics Holdings, Inc.(ABBV)
GlobeNewswire News Room· 2025-05-29 16:22
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Cerevel Therapeutics Holdings, Inc. regarding a class action lawsuit related to alleged misleading statements and omissions during a secondary stock offering, which may have artificially deflated the stock price prior to a merger announcement with AbbVie Inc. [1][4] Group 1: Class Action Details - The class period for the lawsuit is from October 11, 2023, to August 1, 2024, and includes shareholders who sold or held shares during this timeframe [3]. - Shareholders are encouraged to register for the class action by June 3, 2025, to potentially be appointed as lead plaintiffs [5]. Group 2: Allegations Against Cerevel - The complaint alleges that Cerevel's October 16, 2023 secondary stock offering documents omitted material facts about AbbVie's interest in acquiring Cerevel at a significantly higher price than the offering price of $22.81 per share [4]. - Bain Capital, Cerevel's controlling shareholder, allegedly acquired shares at an artificially depressed price while possessing nonpublic information about AbbVie's acquisition interest, resulting in a windfall of over $120 million when AbbVie agreed to acquire Cerevel for $45 per share on December 6, 2023 [4]. Group 3: Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates on the case's status [5]. - There is no cost or obligation for shareholders to participate in the class action [5].