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latest news in companies

XP Inc. Faces Investigation Over Alleged Fraud and Investor Losses

New York, Sunday, 16 March 2025.
XP Inc. is under scrutiny as investors push for legal action following a report accusing the firm of a Ponzi scheme. Stocks fell 5.4% triggering rights investigations.

Deadline Nears for Merck Investors to Join Securities Class Action

New York, Sunday, 16 March 2025.
Investors in Merck & Co. have until 14 April 2025 to join a securities class action lawsuit alleging misleading statements about Gardasil’s demand in China.

DigiAsia Corp Faces Nasdaq Delisting Risk Due to Share Price Drop

Jakarta, Friday, 14 March 2025.
DigiAsia Corp has received a Nasdaq notification for failing to meet the $1.00/share minimum price. The company has until June 16, 2025, to resolve this issue to remain listed.

Major Corporations Face Class Action Lawsuits Over Investment Losses

New York, Friday, 14 March 2025.
Investors in corporations like Geron and Ready Capital are leading class action lawsuits for significant financial losses, with potential impacts on stock performance.

CloudDefense.AI Unveils Key Strategies for Protecting Personal Data in Cloud Migrations

San Francisco, Friday, 14 March 2025.
CloudDefense.AI addresses urgent cybersecurity needs with solutions for securing personal identifiable information (PII) during cloud migrations. These strategies enhance data protection amid increasing cyber threats.

Transat A.T. Faces Larger Q1 Net Loss Despite Increased Revenue

Montreal, Friday, 14 March 2025.
Transat A.T. reported a first-quarter net loss of CAD 122.5 million, amid increased revenue of CAD 829.5 million. Challenges include U.S. tariff impacts and grounded aircraft due to engine issues.

Generali Achieves Record Financial Growth in 2024 Boosted by Strategic Expansion

Trieste, Friday, 14 March 2025.
Generali reported record-breaking financial results for 2024, with a 14.9% increase in gross written premiums, driven by strategic market expansion and enhanced shareholder equity.

Bank of America Under Investigation for Data Breach

Charlotte, Friday, 14 March 2025.
Edelson Lechtzin LLP investigates Bank of America after a data breach exposes sensitive client information, potentially affecting millions of customers. Legal action seeks accountability and protection for victims.

Amazon Faces Privacy Concerns with New Alexa+ Launch

Seattle, Saturday, 15 March 2025.
Amazon plans to discontinue an Echo privacy feature on March 28 to enhance Alexa+, directing all voice interactions to Amazon, raising user privacy issues.

Crown Castle Sells Fiber Business for $8.5 Billion

United States, Thursday, 13 March 2025.
Crown Castle agrees to sell its fiber segment to EQT and Zayo for $8.5 billion, marking a strategic shift to focus on tower assets and enhance shareholder value.