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CNC Investors Have Opportunity to Join Centene Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-07-15 12:35
Core Viewpoint - The Schall Law Firm is investigating Centene Corporation for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Centene issued false or misleading statements and failed to disclose critical information to investors [2]. - A Seeking Alpha report indicated that Centene's shares declined after the company withdrew its 2025 earnings guidance, citing higher-than-expected costs related to Medicaid enrollees and underperformance in its Affordable Care Act plans [2]. - Following the announcement, Centene's shares fell by more than 39.5% during intraday trading on the same day [2]. Group 2: Company Background - Centene Corporation is involved in providing healthcare services, particularly through Medicaid and Affordable Care Act plans [2]. - The company reported a significant increase in medical cost trends in areas such as behavioral health, home health, and high-cost drugs [2].
'Shackled' & 'in a cage': FL state senator’s firsthand account of detention center
MSNBC· 2025-07-15 04:15
Immigration Detention Concerns - A state-run immigration detention facility is operating with unclear oversight and potentially violating basic human rights [2][7][8] - There are concerns about the facility's ability to verify citizenship, potentially leading to the detention of American citizens [9][11][16] - Detainees are allegedly being held in cages in hot conditions, with some claiming to be American citizens or individuals on their way to work [4][5][6][14] Funding and Procedures - The facility is using $450 million in taxpayer dollars, with questions about FEMA reimbursement [3][15] - The facility is reportedly using ICE procedures, raising concerns about due process and potential rights violations [3][15] - DHS is about to receive almost $150 billion, raising concerns that existing issues with citizenship verification will be amplified [18][19] Policy and Legal Issues - The facility is described as an experiment, potentially expanding models of immigration enforcement seen in other countries [9] - There are concerns about the potential for sending US citizens to other countries [10] - ICE statistics show that as of June 29th, 717% (41,495 out of 57,861) of people detained by ICE do not have a criminal record [12][13]
The Beat With Ari Melber - July 14 | Audio Only
MSNBC· 2025-07-15 00:53
Welcome to the beat everyone. I'm Ari Melbour. The political debacle saddling Donald Trump over the course of this weekend and boiling over tonight is widely viewed on the right as his biggest problem with his base in this young presidency. A quote huge risk to his hold on the party even the coming midterms. That's from his allies. Headlines screaming about a quote rebellion or revolt against Trump. A politician who's certainly benefited from loyalty and a type of perception of almost lockep unassalable MAG ...
XPLR INFRASTRUCTURE ALERT: Bragar Eagel & Squire, P.C. Urges Investors in XPLR Infrastructure (XIFR) to Inquire About Their Rights in Class Action Lawsuit
GlobeNewswire News Room· 2025-07-14 22:07
Core Viewpoint - A class action lawsuit has been filed against XPLR Infrastructure, alleging that the company made misleading statements regarding its operations and financial health during the class period from September 27, 2023, to January 27, 2025 [1][3]. Group 1: Allegations of Misleading Statements - The lawsuit claims that XPLR Infrastructure was struggling to maintain its operations as a yieldco and that the defendants downplayed the risks associated with certain financing arrangements [3]. - It is alleged that XPLR Infrastructure could not resolve its financing issues before their maturity date without risking significant dilution for unitholders [3]. - The lawsuit further states that the company planned to halt cash distributions to investors to redirect funds towards resolving financing issues, indicating that its yieldco business model and distribution growth rate were unsustainable [3]. Group 2: Impact of Announcements - On January 28, 2025, XPLR Infrastructure announced the suspension of cash distributions to common unitholders and the abandonment of its yieldco model, leading to a nearly 35% drop in the price of its common units [4].
Beloved Cincinnati Imam detained by ICE after asylum revoked
MSNBC· 2025-07-14 10:55
Immigration Case Overview - Imam Aean Solomon, an Egyptian asylum seeker and former hospital chaplain, faces deportation after his asylum status revocation [1][2] - The revocation process began under the Biden administration in 2024 but was finalized by the Trump administration, the reasons for which remain unclear [2] - ICE arrested Imam Aean during a routine check-in, and he is currently detained in Butler County Jail [3] - Imam Aean fears returning to Egypt, stating it would be a "death sentence" [4] Due Process and Legal Concerns - Immigration attorneys note that asylum revocation is uncommon, occurring in approximately 1% of approved cases annually [14] - There are concerns that Imam Aean's detention may be linked to a retaliation lawsuit he filed against the government for being mistakenly placed on a watch list [15][22] - Questions arise regarding due process, as the reasons for his detention are unclear, and the community lacks information about the charges [19][21][22] - Concerns are raised about detaining individuals whose only "crime" is entering the US, especially in underfunded local jails [23][24] Community Impact - Imam Aean is described as a dedicated interfaith leader who has supported thousands of families, particularly those with children in the hospital [2][4][6][7][8][9][11][12][13][17][18] - His detention is seen as a loss to the community, as he provided comfort, advocacy, and spiritual support to families during difficult times [4][7][8][9][11][12][13][16][17][18] - Community members are advocating for his release, emphasizing his positive contributions to society and the injustice of his detention [4][16][17][18][22]
'People do have to have basic rights': L.A. Mayor Karen Bass slams ICE raids
MSNBC· 2025-07-13 00:15
Immigration Policy & Legal Challenges - A federal judge blocked the Trump administration from arresting individuals in numerous California counties, including Los Angeles, without legitimate suspicion of illegal presence [1] - The ruling prohibits arrests based on race, language, or type of work [1] - The court decision emphasizes the importance of basic rights for individuals [11] - California's Governor criticized the Trump administration's immigration agenda as chaotic, cruel, and fear-inducing [12] Impact on Los Angeles & Community - Los Angeles, with a population of 38 million (38,000,000), is approximately 50% Latino, leading to widespread terror and fear due to immigration raids [3] - Residents are afraid to leave their homes for basic necessities like groceries, impacting daily life [9] - There are reports of ICE agents using unmarked cars and lacking uniforms, causing confusion and fear [4] - The city is filing a Freedom of Information Act request to identify the detaining agents and locate detained individuals [10] City Government Response - The Mayor signed an executive order instructing city departments on how to protect themselves from federal government interference, requiring warrants for ICE to enter city facilities like libraries [7][8] - The Mayor questions the presence of Marines and the National Guard in Los Angeles, stating that the city's police and sheriff's departments did not request their assistance [17] - The Mayor describes the situation in Los Angeles as an "experiment" and warns other cities to be on alert [17]
KRISPY KREME DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Krispy Kreme, Inc. and Urgently Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-12 16:00
Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, alleging that the company made false statements regarding its partnership with McDonald's and the demand for its products, leading to significant financial losses for investors [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of all individuals and entities who purchased Krispy Kreme securities between March 26, 2024, and May 7, 2025 [1]. - Investors have until July 15, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. - The lawsuit claims that demand for Krispy Kreme products declined significantly at McDonald's locations after the initial marketing launch [3]. Group 2: Financial Performance - Krispy Kreme reported net revenue of $375.2 million for the first quarter of 2025, representing a decline of 15.3% compared to the previous year [4]. - The company also reported a net loss of $33.4 million, compared to a net loss of $6.7 million in the prior year [4]. - Following the release of these financial results, Krispy Kreme's share price fell by nearly 25% [4]. Group 3: Partnership with McDonald's - Krispy Kreme and McDonald's expanded their partnership nationwide starting in the second half of 2024, following a small-scale test in 2022 [2]. - The lawsuit alleges that the partnership was not profitable and posed a substantial risk to maintaining the collaboration with McDonald's [3]. - Krispy Kreme announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty around the partnership [4].
X @The Economist
The Economist· 2025-07-12 09:00
Immigration & Labor Market - People fleeing calamity have a right to seek safety [1] - Access to a rich country's labor market is not an automatic right for those seeking safety [1]
X @The Economist
The Economist· 2025-07-12 06:40
Risks and Criticisms - Aligning with a government with a less-than-stellar human-rights record could bring criticism [1] Strategic Initiatives - AC Milan plans to refurbish sports facilities in Congo [1] - AC Milan intends to set up a youth academy in Congo [1] Risk Assessment - AC Milan is seemingly willing to accept the risk associated with the partnership [1]
ICE’s charge is to ‘make America white again’: Analyst
MSNBC· 2025-07-12 01:30
Immigration Policy Analysis - The report suggests that ICE's primary objective is perceived as restoring a white demographic majority in America, rather than focusing on violent criminals or public safety [1] - The analysis indicates that current immigration policies are driven by underlying racist ideologies rooted in white nationalism [2] - The report highlights the normalization of racial profiling within the US government, with concerns about accountability mechanisms [3][4] Accountability and Human Rights - The report points out the dismantling of internal accountability mechanisms within the Department of Homeland Security, specifically the closure of the Office of Civil Rights and Civil Liberties [5] - The analysis warns of an exponential expansion of a broken system, leading to increased detention facilities and violent imagery in communities [6] - The report emphasizes the potential for significant disruption to American and immigrant communities due to DHS's increased resources [7] Call to Action - The report urges Democrats to propose alternatives to the current immigration system and educate the public about the potential consequences [8]