Alex Mashinsky, former CEO of Celsius Network, filed a pro se motion to vacate his 12-year prison sentence for commodities and securities fraud. He claims ineffective legal counsel and tainted evidence linked to the FTX scandal involving Sam Bankman-Fried. Mashinsky pleaded guilty in 2024 for misleading financial disclosures and token manipulation during Celsius's collapse, which left over $4 billion in liabilities. His motion faces challenges as courts rarely overturn guilty pleas without strong proof of legal errors or unconstitutional evidence gathering.
Oculis announced that its Phase 3 DIAMOND trials for OCS-01 eye drops in diabetic macular edema did not meet the primary endpoint of improved visual acuity after 52 weeks. However, the treatment showed significant and lasting reduction in retinal thi...
Allied Gold Corporation announced that Zijin Gold has received approval under the Investment Canada Act for its proposed acquisition of Allied Gold. This approval completes the Canadian regulatory process for the transaction. The deal has also cleare...
Kentucky First Federal Bancorp announced a special board meeting on July 28, 2026, to consider resuming quarterly dividends on its common stock, potentially up to $0.10 per share. The company has suspended dividends since November 2023, and no final ...
Universal Music Group's Board of Directors unanimously rejected an unsolicited buyout proposal from Pershing Square Capital Management, stating it undervalues the company and won't create superior value. The Board, supported by shareholders, highligh...
Cuprina Holdings completed a reverse stock split on May 27, 2026, aiming to meet Nasdaq's minimum $1.00 bid price requirement after failing to regain compliance. The company requested a hearing with the Nasdaq Hearings Panel to appeal a delisting det...
