NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-lawsu ...

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Open Lending Corporation ("Open Lending Corporation" or the "Company") (NASDAQ: LPRO) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Open Lending Corporation investors who were adversely affected by alleged securities fraud between February 24, 2022 and March 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https:// ...

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fortrea Holdings Inc. ("Fortrea Holdings Inc." or the "Company") (NASDAQ: FTRE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fortrea Holdings Inc. investors who were adversely affected by alleged securities fraud between July 3, 2023 and February 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/psl ...

Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Ibotta securities and were negatively impacted by the alleged fraud [2]. - The complaint alleges that Ibotta failed to disclose the at-will nature of its contract with The Kroger Co., which could allow Kroger to terminate the contract without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not adequately warn investors about the risks associated with the Kroger contract [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].

General Provisions - Guolian Minsheng Securities Company Limited is established to protect the legal rights of the company, shareholders, and creditors, and to regulate its organization and behavior according to relevant laws and regulations [2][3] - The company is a joint-stock limited company established in accordance with the Company Law and Securities Law, with its registration completed on May 26, 2008, in Wuxi, Jiangsu Province [2][3] Business Objectives and Scope - The company's business objective is to operate lawfully, serve the real economy, fulfill corporate social responsibilities, protect investors' rights, and provide returns to shareholders [5][6] - The business scope includes securities business, investment consulting, public fund sales, and bond market operations, among others [6][7] Shares and Registered Capital - The company has a total share capital of 5,680,592,806 shares, with 5,237,952,806 shares being domestic shares (92.21%) and 442,640,000 shares being H shares (7.79%) [8][9] - The company can issue various types of shares, including ordinary shares and preferred shares, and must adhere to principles of fairness and equality in share issuance [8][9] Rights and Obligations of Shareholders - Shareholders have the right to receive dividends, participate in shareholder meetings, supervise company operations, and transfer their shares according to the law and company regulations [26][27] - The company must ensure that shareholders are aware of their rights and obligations, and any changes in shareholding must be reported to the relevant authorities [26][27] Party Organization - The company has established a Party Committee to strengthen political construction and ensure alignment with the central government's policies [24][25] - The Party Committee plays a crucial role in discussing major business management matters and supporting the decision-making processes of the board and management [25]

四是天册所工作底稿制作不规范，违反《执业规则》第四十一条的规定。 前述行为违反了《律师事务所从事证券法律业务管理办法》（证监会令第41号，以下简称《管理办 法》）第十二条第一款、第十三条及第十八条的规定，依据《管理办法》第三十一条第一项、第二项及 第九项的规定，我局决定对你们分别采取出具警示函的监督管理措施。你们应强化勤勉尽责，不断提高 执业质量。你们应切实整改，并自收到本决定书一个月内向我局提交书面整改报告。 文/梧桐小编 6月10日，浙江证监局公布对浙江天册律师事务所、夏晓亮、蒋朝镖采取出具警示函监管措施的决定。经 查，天册律所、夏晓亮、蒋朝镖在为成龙建设集团有限公司2017年至2019年期间在上海证券交易所向合格 投资者公开发行公司债券项目从事法律业务过程中存在以下问题：1、查验计划、内部讨论及复核记录缺 失。2、天册所对成龙建设及其子公司、董事、监事和高级管理人员的合规情况，公司合同、项目情况，纳 税情况等通过访谈、书面审查、网络查询等进行查验过程中，网络查询记录留痕不规范，部分网络查询记 录、分析判断留痕缺失，部分书面审查、访谈笔录留痕缺失。3、天册所对成龙建设审计报告材料、纳税申 报材料进行查验过 ...

General Overview - The company establishes a system to regulate major investment activities, ensuring scientific, standardized, and transparent decision-making to safeguard funds and assets, prevent investment risks, and protect the interests of the company and its shareholders [1][2]. Investment Definition - Investment refers to the economic behavior of allocating sufficient funds or equivalent assets to certain fields to obtain returns or capital appreciation in the foreseeable future, including both internal and external investments [1]. Approval Authority - Major investment projects require approval from the company's chairman, board of directors, and shareholders' meeting according to their respective authorities, with a strict review and decision-making process [2][3]. - Specific investment matters reaching certain thresholds must be submitted for board review, including those exceeding 10% of audited annual revenue or net profit [2][3]. Decision-Making Process - Investment project proposals must be submitted in writing by shareholders, directors, senior management, and relevant departments, including key financial indicators and project advantages [5]. - The investment management department is responsible for summarizing and reviewing project proposals, conducting due diligence, and preparing feasibility reports for board submission [5][6]. Securities Investment and Derivative Trading - Securities investment includes various activities such as new stock subscriptions, stock repurchases, and bond investments, while derivatives refer to financial instruments like futures and options [6][7]. - The company must manage funds prudently and focus on its main business, avoiding speculative derivative trading [6][7]. Risk Management - The board should continuously monitor the execution and safety of securities investments and derivatives, taking immediate action in case of significant losses [7][9]. - A feasibility analysis report is required for derivative trading, and independent directors must provide special opinions on such transactions [8][9]. Investment Recovery and Exit - The company can recover external investments under specific circumstances, such as significant deviations from business direction or continuous losses [13][15]. - The financial department is responsible for asset evaluation during investment recovery and transfer processes [13]. Responsibilities of Management - Company directors and management must exercise caution and strictly control investment risks, bearing responsibility for any violations or improper investment actions [38][39]. - The audit committee has the authority to supervise and inspect the company's investment activities [32][33].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth prospects and business performance [3][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $75,000 in Vestis between May 2, 2024, and May 6, 2025, to discuss their legal options [1]. - There is an August 8, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Vestis [3]. - The complaint alleges that Vestis and its executives concealed material adverse facts regarding the company's ability to grow its business and execute strategic initiatives [5]. Group 2: Financial Performance and Stock Impact - On May 7, 2025, Vestis announced disappointing financial results for Q2 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025 [6]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating challenges in customer retention and growth [6]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [6].

Core Viewpoint - The article discusses the ongoing illegal activities of cross-border internet broker Tiger Securities in developing new clients in mainland China, despite regulatory actions against such practices [1][3]. Group 1: Company Actions - Tiger Securities is reportedly still developing new clients in mainland China, despite being previously identified as operating illegally by the China Securities Regulatory Commission (CSRC) [1][3]. - The company claims that it is only servicing existing clients who had accounts opened before May 19, 2023, and denies the allegations of illegal activities [1][2]. - Tiger Securities' founder, Wu Tianhua, responded to allegations by stating that the onboarding process is not solely the responsibility of marketing personnel, suggesting that any violations may be company-wide practices [2]. Group 2: Regulatory Environment - The CSRC has mandated that both Tiger Securities and Futu Holdings cease illegal business activities, specifically prohibiting the solicitation of new clients and the opening of new accounts for mainland investors [3][4]. - The CSRC's stance has been consistent since 2021, emphasizing that cross-border securities operations by foreign firms targeting mainland investors violate Chinese laws [3][4]. - Futu Holdings has already stopped allowing account openings for mainland users, only permitting those who can provide proof of living or working abroad [2]. Group 3: Market Implications - The ongoing scrutiny and regulatory actions against Tiger Securities and Futu Holdings highlight the challenges faced by foreign brokers in the Chinese market, particularly regarding compliance with local laws [3][4]. - The situation reflects a broader regulatory effort to manage and mitigate risks associated with illegal cross-border securities activities [4].

6月6日，隆基绿能发布公告称，股东之一HHLR管理有限公司（下文简称：HHLR）拟自公告披露的15 个交易日后的3个月内，通过集中竞价的方式减持其所持有的不超过37，890，248股，不超过公司总股 本的0.5%。公开信息显示，HHLR是高瓴资本旗下专注二级市场的投资基金。若按照最新收盘价简单推 算，高瓴此番减持或将套现5.49亿元，交易完成后HHLR将不再是持股5%以上的股东。 综合而言，高瓴资本投资隆基绿能，这笔交易的初始投资成本和购回成本合计171.20亿元，分红收益和 两轮减持套现共37.97亿元，叠加最新减持后持仓市值54.82亿元，总计也不过92.79亿元，浮亏78.41亿 元。受光伏行业产能过剩和"价格战"影响，隆基绿能业绩近年来持续低迷，2024年营收下降近四成、归 母净亏损达86.18亿元，股价更是一路下探至12.63元/股，较最高点蒸发近80%。 责任编辑：公司观察 高瓴资本与隆基绿能的关系最早可追溯回2020年末。彼时，高瓴通过协议转让方式从原股东李春安手中 接过了2.26亿股股份，约占公司总股本的6.0%，每股对价为70元，投资总成本高达158.41亿元。2021- 2022年，隆基绿 ...