Category: Investor

Investor Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against CytoDyn Inc. (CYDY) | News

by  on  in Investor

RADNOR, Pa., May 3, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that securities fraud class action lawsuit has been filed against CytoDyn Inc. (OTCMKTS: CYDY) (“CytoDyn”) on behalf of those who purchased or acquired CytoDyn common stock between March 27, 2020 and March 9, 2021, inclusive (the “Class Period”).

Deadline Reminder: Investors who purchased or acquired CytoDyn common stock during the Class Period may, no later than May 17, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how

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$100 million New Jersey deli has Macao investors who are hard to find

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The office building on Avenida Da Praia Grande in Macao, China, the address for multiple entities listed as investors in Hometown International, the owner of a single New Jersey deli.

Catarina Domingues | CNBC

You can buy an actual sandwich at that mystery New Jersey deli — but good luck finding some of the biggest investors in the $100 million company that owns only that one eatery.

CNBC tried — hard — without success to locate a group of four investment entities purportedly based in Macao who comprise the largest shareholder group in deli owner Hometown International.

One of

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Investors fret as corporate activism overtakes shareholder prioritization

by  on  in Investor

Increasing corporate involvement in political and social justice initiatives has led some investors to worry they are straying from solely prioritizing shareholder value.

Over the past few months, and really years, companies have begun to wade further into the realm of politics and issues of social justice that don’t directly have an impact on their bottom lines. Executives at major companies are championing environmental, social, and political causes in droves.

Several corporations caused a stir when they became involved with opposing Georgia’s new voting law. The law, which was passed by Republicans in the fallout of the 2020 presidential

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Billionaire Investor Reveals the Secret to His Success: Shrooms

by  on  in Investor

Photo Illustration by The Daily Beast/Andreas Rentz/Getty

Photo Illustration by The Daily Beast/Andreas Rentz/Getty

German investor Christian Angermayer—a 42-year-old billionaire who bears a not-negligible resemblance to Jared Leto in Blade Runner 2049—has made a fortune betting on a host of sci-fi-sounding finance fads. Among them: space travel, crypto, psychedelics, movies, weed, SPACs, and “life extension.”

Those ventures have done pretty well for him. In the past year alone, seven companies Angermayer’s family office funded went public, raising a combined $1 billion; another 10 companies are slated to issue IPOs this year, according to Bloomberg Wealth. But in a recent profile, Angermayer cited a single experience

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U.S. stocks rebound to end week close to record on upbeat economic data and earnings

by  on  in Investor

U.S. stocks shook off early weakness to end higher Friday, but were unable to erase weekly declines.

Stocks were supported by data indicating an acceleration in economic activity and even faster growth in new home sales, as investors largely brushed off Thursday’s reports that President Joe Biden would propose a large increase on the capital-gains tax for the wealthiest Americans.

Read: Capital gains tax hike? Why the stock market bounced back so fast

A busy week of corporate earnings reports also came to a close with a majority of companies seeing better-than-expected results for the quarter, even if guidance for

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