Verra Mobility's CEO David Roberts resigned following a 70% stock price drop after Avis Budget Group, a major customer accounting for over 10% of revenue, terminated its contract effective September 2026. Just weeks earlier, Roberts had assured investors of ongoing constructive contract negotiations and reaffirmed 2026 guidance. The sudden contract loss forced Verra to cut costs and revise its outlook, wiping out about $1.4 billion in market value. A shareholder rights firm is investigating whether Verra adequately disclosed its relationship with Avis and potential securities law violations.
Arcutis Biotherapeutics awarded 44,000 restricted stock units to six newly hired employees as part of its 2022 Inducement Plan, approved by its board's Compensation Committee. These stock units vest over four years, with 25% vesting annually, conting...
Grabar Law Office is investigating claims against Badger Meter, Calix, New Era Energy & Digital, and Power Solutions International for alleged breaches of fiduciary duties by their officers and directors. The investigations stem from accusations of m...
The Organic Grower Summit is accepting nominations for its ninth annual Grower of the Year Award, sponsored by John Deere. The award honors leaders advancing organic farming through innovation and sustainability, with four finalists chosen to attend ...
Safetrust Inc. will present its commercial Aliro deployment at the Connectivity Standards Alliance's Unify conference in June 2026. The company's founder, Jason Hart, will join a panel discussing the readiness and benefits of Aliro for commercial env...
RAIN, a decentralized prediction market on Arbitrum, announced a $200 million ecosystem commitment via Enlivex and added $100 million in liquidity to support growth. The protocol is preparing to launch Version 2 with features like permissionless mark...
