Kaplan Fox & Kilsheimer LLP is investigating potential securities violations by Coastal Financial Corporation following its Q2 2026 report showing a $42.1 million net loss, driven mainly by a $68.8 million credit expense linked to a single partner. Coastal's stock price dropped 43.5% after the announcement. Investors who suffered losses or have relevant information are encouraged to contact the law firm. Kaplan Fox is known for handling major securities litigation cases and recovering billions for clients.
Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their productio...
Upstart Holdings, Inc. reported a 50% year-over-year increase in loan originations in Q2, reaching 558,014 loans, fueled by its AI-powered platform and strong demand for personal loans. The company is also improving channel conversion rates and expan...
XRP price dropped about 7% over the past week to $1.36 after a strong August rally that saw it rise over 30%. This pullback comes despite record weekly inflows of $110.49 million into U.S. spot XRP ETFs, indicating mixed market sentiment. Technical i...
Bitmine Immersion Technologies increased its Ethereum holdings by 53,501 ETH, bringing its total to nearly 5.9 million ETH, or about 4.9% of the circulating supply. This move comes as Ethereum's price surged roughly 33% in August, reaching around $2,...
Connecticut has filed a lawsuit against Kalshi, aiming to halt its sports-event contracts. The state argues these contracts constitute unlicensed sports wagering, violating gambling and consumer protection laws. This legal move could impact Kalshi's ...
