A class action lawsuit has been filed in New York against rapper Iggy Azalea over the $MOTHER memecoin, alleging misleading promotion about its utility and ecosystem. Investors claim the token was marketed as part of a telecom, casino, and luxury marketplace ecosystem that failed to launch or use the token meaningfully. The token surged to a $200 million market cap but then lost 99.5% of its value, raising concerns about insider trading and undisclosed partnerships. The lawsuit focuses on consumer protection violations, seeking damages for investors misled by false advertising rather than securities law issues.
The U.S. Small Business Administration (SBA) announced a $6 million grant competition to fund the Women’s Business Center (WBC) Modernization Initiative. This initiative aims to expand statewide support networks for women entrepreneurs in eight state...
Copart's stock is under pressure following a Barclays analyst downgrade to a $26 price target and significant insider selling by a company director. The company faces a securities fraud investigation after CEO Jeff Liaw's resignation, which caused an...
Charles Schwab reported strong Q2 2026 results with earnings per share of $1.62, exceeding estimates and marking a 42% increase year-over-year. The company achieved record quarterly revenue of $7.07 billion, driven by increased trading activity and h...
WesBanco, Inc. is set to release its Q2 2026 earnings with analysts expecting an EPS of $0.86 and revenue of $267.71 million. Despite a 75.7% increase in short interest, analyst sentiment remains positive, with upgrades from Weiss Ratings and Zacks R...
Law Offices of Howard G. Smith announced class action lawsuits against Futu Holdings, Hub Group, Insulet Corporation, and Photronics for allegedly making false or misleading statements during specific periods. The lawsuits claim these companies misre...
