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Pomerantz LLP investigates Sanara MedTech for possible securities fraud after major program shutdown and stock drop.

Market News
19 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Pomerantz LLP is investigating Sanara MedTech and its officers for potential securities fraud following the company's announcement to discontinue its Tissue Health Plus program. The shutdown led to a $31.2 million net loss and a $26.5 million asset impairment charge, causing Sanara's stock to drop nearly 25% on November 12, 2025. This investigation aims to determine if unlawful business practices occurred, impacting investors. Investors affected are encouraged to contact Pomerantz LLP for potential class action participation.

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US government plans equity stakes in drone firms to boost domestic production and cut China reliance

US government plans equity stakes in drone firms to boost domestic production and cut China reliance

The US government, under the Trump administration, is negotiating to take equity stakes in domestic drone manufacturers to accelerate production, reduce costs, and lessen dependence on Chinese drone components. This move supports the 'Drone Dominance...

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Bullish
1 hour ago
Butterfield to acquire CIBC Caribbean for $1.8B, expanding Caribbean banking footprint.

Butterfield to acquire CIBC Caribbean for $1.8B, expanding Caribbean banking footprint.

Bank of N.T. Butterfield announced it will acquire CIBC's 91.7% stake in CIBC Caribbean Bank Limited for approximately $1.8 billion, combining cash and shares. This acquisition aims to create a larger banking and wealth management platform in the Car...

Company Fundamentals
Bullish
1 hour ago
Peec AI hits $10M ARR in 16 months, opens US office amid rising AI search demand

Peec AI hits $10M ARR in 16 months, opens US office amid rising AI search demand

Peec AI, an AI search analytics platform, surpassed $10 million in annual recurring revenue just 16 months after launch, doubling revenue in the last five months. The company is expanding rapidly, opening its first US office in New York to meet growi...

Market News
Bullish
2 hours ago
NCPC urges rejection of weak House bill on kids' online safety, backs stronger Senate version.

NCPC urges rejection of weak House bill on kids' online safety, backs stronger Senate version.

The National Crime Prevention Council (NCPC) has called on lawmakers to reject the House's Kids Internet and Digital Safety Act (H.R. 7757), criticizing it as insufficient for protecting children online. NCPC argues the bill weakens state powers and ...

Market News
Bearish
2 hours ago
Fannie Mae launches sale of $565M reperforming loans with loss mitigation rules for buyers.

Fannie Mae launches sale of $565M reperforming loans with loss mitigation rules for buyers.

Fannie Mae has started marketing a sale of approximately 2,333 reperforming loans with an unpaid principal balance of about $565 million. These loans were previously delinquent but have since become current. Buyers must offer loss mitigation options,...

Market News
Neutral
2 hours ago
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