Law firm Bleichmar Fonti & Auld is investigating PennyMac Financial Services for possible securities law violations after the company misrepresented its ability to retain mortgage refinance customers. PennyMac had increased loan origination capacity to capture more refinancing business as interest rates fell, but competition limited its success. The revelation during a January 2026 earnings call caused PennyMac's stock to drop over 37%, from $140.70 to $93.50 per share. Investors who lost money are encouraged to contact the law firm for potential legal action.
Mint Innovation appointed Matt Bedingfield as Global CEO and spun off its lithium-ion battery recovery business into a new company called Linca, led by co-founder Dr. Ollie Crush. This move allows Mint to concentrate on recovering metals from printed...
Sandler, part of Trilliad, introduced the Sales Performance Ecosystem, the first platform to evaluate sales skills during actual buyer conversations using AI-powered coaching. This system links training directly to revenue by measuring real behavior ...
Pacira BioSciences awarded inducement grants to 10 new employees, including stock options for 9,200 shares and restricted stock units for 18,200 shares, as part of its Amended 2014 Inducement Plan. These awards, approved by the company's compensation...
Apple has signed a multiyear deal worth over $30 billion with Broadcom to design and produce more than 15 billion custom wireless chips made in the U.S. The agreement includes a $1.5 billion investment from Apple to expand Broadcom's manufacturing fa...
The US Department of Labor has initiated a broad investigation into alleged fraud involving H-1B and PERM visas, focusing on potential human trafficking and the displacement of American workers. The probe, announced by Labor Department Inspector Gene...
