SAN FRANCISCO, Sept. 9, 2026 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX) faces a securities class action in the wake of mid-May's massive 27% drop in the price of the company's shares after Wix announced its Q1 2026 financial results. Among the disappointments, operating expenses unexpectedly spiked 46% year-over-year leading to questions about the company's ability to defend its core business.

The case is Yappi v. Wix.com Ltd., et al., No. 26-cv-08852 (N.D. Ill.).

The lawsuit seeks to represent investors who purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026.

National shareholders rights firm Hagens Berman continues its investigation into claims that Wix violated the federal securities laws and urges Wix investors who suffered significant losses to contact the firm now to discuss their rights.

Class Period: Feb. 19, 2025 – May 12, 2026

Lead Plaintiff Deadline: Sept. 22, 2026

Visit: www.hbsslaw.com/wix

Contact the Firm Now: [email protected]

                                       844-916-0895

Wix.com Ltd. (WIX) Securities Class Action:

Global web development platform company Wix faces increasing competitive challenges posed by vibe coding, a software development trend where a person builds apps or websites by giving plain-language instructions to an AI rather than writing code line-by-line.

To confront this challenge, Wix positioned AI initiatives, Base44 and Harmony, as its two-pillar response to the vibe coding trend threatening the company's core business.

The company has provided numerous assurances to investors, including that "[w]e expect innovation-driven growth to be accompanied by high impact but disciplined investments to fully unlock the market opportunity ahead for both Wix and Base44." In addition, Wix has emphasized "[e]arly Wix Harmony performance is better than expected, with improved conversion and monetization[,]" and "[t]ogether, Wix Harmony and Base44 open up the world of what's possible on Wix[.]"

The complaint alleges that Wix made false and misleading statements while failing to disclose that, with respect to its AI product offerings, Wix overstated their competitiveness and performance, understated the costs associated with developing and promoting them and, accordingly, overstated their commercial and financial benefits.

Investors began to learn the truth on May 21, 2025, when Wix provided 2025 revenue guidance falling short of analyst expectation and fueling concerns about the company's competitiveness. Then, on November 19, 2025, Wix reported its Q3 2025 results indicating rising post-Base44-acquisition costs (AI compute and marketing) were having a material negative impact on its financial results. Each of these triggered sharp selloffs in the price of the stock and triggered analyst downgrades on concerns over core business growth deceleration, increasing costs, and competitive positioning.

Finally, on May 13, 2026, Wix revealed aggressive and front-loaded AI compute expenses for Harmony and Base44. More specifically, the rapid expansion of Base44 and Harmony rollout radically altered Wix's cost structure primarily through front-loading sales and marketing ("S&M") expenses. Collectively, the initiatives drove non-GAAP S&M expenses to $190.7 million, a year-over-year 88% increase that caused the company's non-GAAP operating margin to collapse from 21% during the prior year period to just 5% while sending its quarterly operating expenses up 46% from the prior year period.

During the earnings call that day, management acknowledged that professional development customers were using competing AI tools, the Harmony platform had "holes" and "missing capabilities," and there had been delays in delivering product updates and innovation to professional developer customers resulting in Wix falling behind their workflows and needs.

The market swiftly reacted that day, scalping over $1.1 billion from Wix's market capitalization and prompting analysts' surprise over the magnitude of the margin miss.

"We're investigating whether Wix may have intentionally understated the adverse effects of its AI initiatives on its operating results," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Wix and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »

If you'd like more information and answers to frequently asked questions about the Wix case and the firm's investigation, read more »

Whistleblowers: Persons with non-public information regarding Wix should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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NYSE American / TSX

Symbol: TMQ

VANCOUVER, BC, Sept. 9, 2026 /PRNewswire/ -- Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced that it has been named to the 2026 TSX30, an annual ranking of the top-performing companies on the Toronto Stock Exchange over a three-year period, based on dividend-adjusted share price appreciation. Trilogy's share price increased 570% for the three years ended June 30, 2026.

Tony Giardini, President and Chief Executive Officer of Trilogy Metals, commented: "We are honoured to be recognized among the top-performing companies on the Toronto Stock Exchange. This achievement reflects the confidence investors have placed in Trilogy Metals and in the strategic importance of northwestern Alaska's Arctic Project to American critical mineral supply chain security. We thank our shareholders and our team, and remain focused on advancing the project through permitting and creating long-term, sustainable value for all our stakeholders."

For more information on the 2026 TSX30 rankings, visit www.tsx.com/tsx30.

About Trilogy Metals

Trilogy Metals Inc. is a metal exploration and development company holding a 50 percent interest in Ambler Metals LLC, which has a 100 percent interest in the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska. On December 19, 2019, South32 Limited, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy Metals. The UKMP is located within the Ambler Mining District which is one of the richest and most prospective known copper-dominant districts in the world. It hosts polymetallic volcanogenic massive sulfide ("VMS") deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler Mining District – the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a land package that spans approximately 190,929 hectares. Ambler Metals has an agreement with NANA Regional Corporation, Inc., an Alaska Native Corporation, that provides a framework for the exploration and potential development of the Ambler Mining District in cooperation with local communities. Trilogy Metals' vision is to develop the Ambler Mining District into a premier North American copper producer while protecting and respecting subsistence livelihoods.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding plans and expectations relating to the UKMP; and the strategic importance of the Arctic Project to domestic critical mineral supply chains are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving the outcome of pending litigation, success of exploration activities, permitting timelines, requirements for additional capital, government regulation of mining operations, environmental risks, prices for energy inputs, labour, materials, supplies and services, uncertainties involved in the interpretation of drilling results and geological tests, unexpected cost increases and other risks and uncertainties disclosed in the Company's Annual Report on Form 10-K for the year ended November 30, 2025 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

SOURCE Trilogy Metals Inc.

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SAN FRANCISCO, Sept. 9, 2026 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP—a national plaintiffs' rights law firm with a premier securities practice group—notifies investors in Capricor Therapeutics, Inc. (NASDAQ: CAPR) of the upcoming September 28, 2026 lead plaintiff deadline in the ongoing securities class action. This alert follows the U.S. Food and Drug Administration's (FDA) recent decision to extend the review period for Capricor's Biologics License Application (BLA), underscoring the ongoing regulatory and disclosure scrutiny surrounding the company.

Hagens Berman encourages investors in Capricor Therapeutics, Inc. (NASDAQ: CAPR) who suffered substantial losses to submit your losses now.

FDA Extends BLA Review Following Post-AdCom Submissions

On Aug. 24, Capricor announced that the FDA has extended the Prescription Drug User Fee Act (PDUFA) target action date for Capricor's lead investigational cell therapy, deramiocel, for the treatment of Duchenne muscular dystrophy (DMD), moving the decision date from August 22, 2026, to November 22, 2026.

The agency classified Capricor's recent submission—which follows a turbulent July 2026 Advisory Committee meeting and includes 24-month open-label extension data from the Phase 3 HOPE-3 study alongside a request to pivot toward a refined indication focused solely on upper limb function—as a major amendment.

Securities Class Action Details & Overview

- Class Period: Dec. 17, 2025 – July 26, 2026

- Lead Plaintiff Deadline: Sept. 28, 2026

- Visit: www.hbsslaw.com/capr

Core Allegations and Background

- Material Misleading Statements Regarding Clinical Trial Data and SAP Changes: The lawsuit alleges that Capricor and certain executives made materially false and misleading statements regarding the clinical trial data and regulatory pathway for its lead product candidate, Deramiocel, intended to treat Duchenne muscular dystrophy (DMD). Specifically, defendants allegedly failed to disclose that they adopted changes to the pre-specified statistical analysis plan (SAP) without agreement from the U.S. Food and Drug Administration (FDA) prior to resubmitting its Biologics License Application (BLA).

- The HOPE-3 Trial Breakthrough and Subsequent Capital Raise: On December 3, 2025 Capricor announced "Positive Topline Results from Pivotal Phase 3 HOPE-3 Study of Deramiocel in Duchenne Muscular Dystrophy." The company's CEO said "HOPE-3 delivered strong and definitive evidence that Deramiocel can meaningfully improve the course of Duchenne muscular dystrophy, demonstrating statistically significant improvements in both skeletal and cardiac function." Driven by these claims, Capricor's share price surged 370% to close up $23.60 on December 3, 2025. The following day, the company launched a public stock offering of approximately 6 million shares priced at $25 per share.

- FDA Briefing Document Reveals SAP Changes and Triggers 64% Stock Collapse: Capricor's public assurances unraveled on July 27, 2026, when the FDA published briefing documents ahead of an Advisory Committee meeting. The documents revealed that Capricor made unagreed-upon post-hoc modifications to its pre-specified Statistical Analysis Plan (SAP). The FDA stated that the HOPE-3 study "did not meet its pre-specified primary and secondary efficacy endpoints showing no statistically significant difference between deramiocel and placebo at 12 months." Capricor shares crashed roughly 64% in a single day to close at $7.00. An Advisory Committee subsequently voted 9–3 against the efficacy of the drug, compounding investor losses.

Hagens Berman's Investigation

"We're focused on investors' losses and uncovering the full scope of how management characterized these trial endpoints and undisclosed modification," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation on the claims alleged in the pending suit.

What Affected CAPR Investors Should Do

If you purchased or acquired Capricor securities between December 17, 2025, and July 26, 2026, and suffered significant financial losses, you have until September 28, 2026, to ask the court to appoint you as lead plaintiff. You do not need to seek lead plaintiff status to share in any potential recovery.

To learn more about your legal options, submit your information to Hagens Berman, visit www.hbsslaw.com/capr.

If you'd like more information and answers to frequently asked questions about the Capricor case and the firm's investigation, read more »

Whistleblowers: Persons with non-public information regarding Capricor should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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Carolina Water Service Completes $8 Million in Upgrades at Fairfield Harbour Wastewater Treatment Plant

CHARLOTTE, N.C., Sept. 9, 2026 /PRNewswire/ -- Carolina Water Service of North Carolina (CWSNC) recently completed approximately $8 million in upgrades at the Fairfield Harbour Wastewater Treatment Plant, enhancing the reliability and long-term performance of a critical community asset.

The project included upgrades to the wastewater treatment process, installation of new piping, pumps and blowers, improvements to monitoring and control systems, and reconditioning of treatment tanks. The improvements modernize key components of the facility while supporting continued environmental compliance and operational efficiency.

CWSNC President Don Denton said, "Most people never think about what happens after they flush a toilet, and honestly, that's the way it should be. Our job is to make sure customers can trust that the wastewater system is operating as it should every day. That trust is important to us, and why we work hard to proactively and prudently complete needed upgrades."

The wastewater treatment plant improvements are part of CWSNC's ongoing commitment to maintaining and strengthening critical infrastructure throughout Fairfield Harbour. In addition to the completed treatment plant project, the company is advancing lift station improvements and evaluating future initiatives focused on system reliability and wastewater collection system performance. Planned and ongoing projects are designed to improve resiliency and support dependable service for customers.

About Carolina Water Service of North Carolina: Carolina Water Service of North Carolina (CWSNC) is a private, regulated water and wastewater utility delivering vital, safe and reliable services which enable our communities to thrive. CWSNC provides essential service across 39 North Carolina counties. Through infrastructure investment and operational excellence, we safeguard our natural resources for today and future generations. Our local commitment to our customers and each other is expressed in our motto "We've got this!" For more information visit Carolina Water Service of North Carolina's website.

SOURCE Carolina Water Service of North Carolina

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Nearly sold out corner residence on the Quai des Grands Augustins offers unobstructed Seine views and a 1/8 ownership share starting at $762,000

PARIS, Sept. 9, 2026 /PRNewswire/ -- Pacaso, the leading real estate co-ownership company for second homes, today announced the launch of Seine, a fully furnished two-bedroom, two-bath residence overlooking the river in the heart of Paris' Left Bank. Located on the Quai des Grands Augustins in the city's 6th arrondissement, the 1,000-square-foot home is nearly sold out, with one remaining 1/8 share available for purchase at $762,000.

Set on a coveted corner along one of the Left Bank's most storied quays, Seine offers uninterrupted views stretching from the river to Paris's rooftops. Juliet balconies wrap the residence on all sides, filling the home with natural light. Inside, the kitchen is anchored by a La Cornue range, paired with clean-lined interiors and premium finishes throughout.

The location places owners between Pont Neuf and Place Saint-Michel, steps from the Latin Quarter and Saint-Germain-des-Prés, with the Louvre, Notre-Dame and the Musée d'Orsay all within walking distance.

"Seine captures everything owners look for in a Paris pied-à-terre: an unbeatable location, gorgeous river views and a home that feels effortless to own and enjoy," said Pacaso co-founder and CEO Austin Allison. "With Pacaso's white-glove approach to co-ownership, purchasing and owning an exceptional home abroad has never been so easy. And with our streamlined closing process, buyers can start planning their autumn in Paris now."

As with every Pacaso home, Seine is fully furnished and professionally managed, giving owners a turnkey property from the day they close. Pacaso manages all complexities, from cross-border legal and tax frameworks to daily property oversight. Pacaso's SmartStay™ scheduling system allows co-owners to book equitable time in the home, and a dedicated home management team handles upkeep, so owners can enjoy Paris rather than manage a property. Buyers seeking more flexibility can also consider a 1/4 ownership share.

To learn more about Seine and other homes available for co-ownership in Paris, visit Pacaso.com.

About Pacaso

Co-founded in 2020 by Austin Allison and Spencer Rascoff, Pacaso® makes it possible to co-own a home in more than 40 destinations around the world — a home that's truly yours, fully managed, and sized to the share you'll actually use. Each Pacaso home is owned by its co-owners through a property-specific LLC. Owners hold a real interest in one specific home, with no fixed weeks and the ability to sell their share. Pacaso handles the buying, upkeep, and scheduling, so owners can focus on what matters: the rituals and memories a second home is meant to hold. In 2026, Pacaso introduced Infinity by Pacaso™, an invitation-only home exchange for a curated group of owners, giving them access to swap stays across a growing network of extraordinary homes in destinations like St. Barths, Tuscany, and Paris. Learn more at pacaso.com.

SOURCE Pacaso

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BETHESDA, Md., Sept. 9, 2026 /PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU) ("Centrus" or the "Company") today announced the launch of an underwritten public offering of shares of its Class A common stock (the "Class A Common Stock"), pre-funded warrants (the "Pre-Funded Warrants") to purchase shares of Class A Common Stock and common warrants (the "Common Warrants") to purchase shares of Class A Common Stock. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed or as to its actual size or terms.

The Company intends to use the net proceeds from the proposed offering for general working capital and corporate purposes, which may include investment in technology development and deployment, repayment or repurchase of outstanding debt, capital expenditures, potential acquisitions and other business opportunities and purposes.

Guggenheim Securities is acting as lead book-running manager and Barclays is acting as a book-running manager for the proposed offering.

A registration statement relating to these securities was filed with the Securities and Exchange Commission ("SEC") on November 6, 2025 and became automatically effective upon filing. Any offer, solicitation or sale will be made only by means of the preliminary prospectus supplement and the accompanying prospectus. Current and potential investors should read the registration statement, the preliminary prospectus supplement and the accompanying prospectus, including the risk factors described therein and in the documents incorporated by reference therein, and the other documents that Centrus has filed with the SEC for more complete information about Centrus and the proposed offering, which may be obtained free of charge at the website maintained by the SEC at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus, when available, may be obtained free of charge from Guggenheim Securities, LLC, Attention: Equity Syndicate Department, 330 Madison Avenue, 8th Floor, New York, NY 10017, by telephone at (212) 518-9544, or by email at [email protected]; and Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (or by email at [email protected] or telephone at 1-888-603-5847).

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer or sale of securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction.

About Centrus Energy Corp.

Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal.

With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that Centrus can meet America's clean energy, energy security, and national security needs.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which in this context means statements that express Centrus' opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements." The words "may," "will," "could," "should," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "continue," "might," "possible," "potential," "predict," "project," "goal," "would," "commit," or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding Centrus' intentions, beliefs or current expectations concerning, among other things, the completion, size, terms and timing of the proposed offering and the anticipated use of proceeds therefrom, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Centrus operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks, and uncertainties.

Particular factors that involve uncertainty and could cause Centrus' actual future results to differ materially from those expressed in its forward-looking statements and which are, and may be, exacerbated by any worsening of the global business and economic environment include but are not limited to the following: its ability to conclude negotiations with its customers; the war in Ukraine and other geopolitical conflicts; its government contracts, including related to changes to the U.S. government's appropriated funding levels for HALEU, the government's inability to satisfy its obligations, and its lease to its facility in Piketon, Ohio; whether or when government demand for HALEU or LEU for government or commercial uses will materialize and at what level; the impact and potential extended duration of a supply/demand imbalance in the market for LEU; significant competition from major LEU producers, including foreign competitors, that may be less cost sensitive than Centrus; limitations on its ability to compete in foreign markets; pricing trends and demand in the uranium and enrichment markets, especially in light of the potential of limited supply and its dependence on others for deliveries of LEU; and its ability to successfully implement its planned expansion projects in Piketon, Ohio and Oak Ridge, Tennessee.

Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this press release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this press release and in Centrus' filings with the SEC, including under Part I, Item 1A – "Risk Factors" in its most recent Annual Report on Form 10-K, under Part II, Item 1A – "Risk Factors" in its subsequent Quarterly Reports on Form 10-Q, and in its other filings with the SEC that attempt to advise interested parties of the risks and factors that may affect its business. Centrus does not undertake to update its forward-looking statements to reflect events or circumstances that may arise after the date of this press release, except as required by law.

Contacts:

Media — Dan Leistikow

[email protected]

Investors — Neal Nagarajan

[email protected]

SOURCE Centrus Energy Corp.

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SAN FRANCISCO, Sept. 9, 2026 /PRNewswire/ -- Hagens Berman, a national law firm noted for its preeminent work in securities class action litigation, notifies investors in HDFC Bank Limited (NYSE: HDB) of a pending securities fraud class action.

- Class Period: July 17, 2023 – May 26, 2026

- Lead Plaintiff Deadline: Oct. 13, 2026

- Visit: www.hbsslaw.com/hdb

HDFC Bank Limited (HDB) Securities Class Action Overview:

The lawsuit filed against HDFC Bank Limited ("HDFC" or the "Company"), and certain top executive officers including Chief Executive Officer Sashidhar Jagdishan and Chief Financial Officer Srinivasan Vaidyanathan, alleges violations of the federal securities laws.

Specifically, the action centers on HDFC's failure to disclose key material adverse facts regarding its business operations, financial accounting, and regulatory compliance:

- Camouflaged Marketing Payments & Covert Deposit Inducements: HDFC secretly funneled approximately Rs 45 crore (approx. $4.7 million USD) to the Maharashtra State Road Development Corporation ("MSRDC") to induce the state firm to place large deposits with the bank.

- Disguised Above-Market Interest Rates: To circumvent regulations and provide MSRDC with a 6.01% interest rate (a 2.51% markup over standard retail savings accounts), senior management devised a scheme to route the differential payments through the marketing department disguised as sponsorship contributions for a road safety awareness campaign.

- Governance and Regulatory Breaches: These covert practices violated the Reserve Bank of India's (RBI) Master Directions on interest rates and breached the bank's own internal anti-bribery and anti-corruption policies prohibiting improper inducements.

- Overstated Financials: As a result of these hidden activities, HDFC's interest income and operating expenses were overstated during the class period, rendering the Company's positive public statements and financial controls false and misleading.

Truth Begins to Unravel & Stock Price Declines:

The fraudulent scheme allegedly began to surface in stages, causing sharp drops in the market value of HDFC American Depositary Shares (ADS):

- March 18, 2026: HDFC announced the abrupt resignation of part-time Chairman and Independent Director Atanu Chakraborty, whose resignation letter stated that happenings and practices within the bank over the prior two years were "not in congruence with my personal Values and Ethics." On this news, HDFC ADS prices fell 7.28% on heavy volume.

- May 27, 2026: The Indian Express published an investigative report exposing that HDFC "camouflaged crores as marketing spend" to pay higher interest to MSRDC, revealing an internal vigilance probe implicating CEO Sashidhar Jagdishan and other top leadership. Following this disclosure, HDFC ADS fell 4.1% to close at $23.78 per share.

Hagens Berman's Investigation

"We're focused on whether HDFC's senior leadership concealed a covert scheme to funnel millions in disguised payments to induce state-firm deposits while publicly painting a picture of strong governance and compliance, as the complaint alleges," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the pending claims in the suit.

What Affected $HDB Investors Should Do

If you purchased or acquired HDFC securities between July 17, 2023, and May 26, 2026, and suffered significant financial losses, you have until October 13, 2026, to ask the court to appoint you as lead plaintiff.

To learn more about your legal options, submit your information to Hagens Berman, visit www.hbsslaw.com/hdb.

Whistleblowers: Persons with non-public information regarding HDFC should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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SAN FRANCISCO, Sept. 9, 2026 /PRNewswire/ -- National shareholder rights law firm Hagens Berman encourages investors in DNOW Inc. (NYSE: DNOW) who suffered substantial losses submit your losses now. A securities class action lawsuit has been filed regarding potential violations of federal securities laws involving DNOW's acquisition of MRC Global Inc. and undisclosed enterprise software integration failures in the merger proxy materials.

- Lead Plaintiff Deadline: Oct. 2, 2026

- Defined Investor Class and Record Date: Shareholders who held DNOW common stock as of the August 5, 2025 record date and were thus entitled to vote at DNOW's September 9, 2025 special meeting on the merger of DNOW and MRC Global

Investors with significant losses are urged to contact the firm to review their options:

- Visit: www.hbsslaw.com/dnow

- Emai: [email protected]

- Call Direct: 844-916-0895

Allegedly Misleading Proxy Materials:

The suit alleges that the Proxy Materials misrepresented and omitted to disclose challenges posed with DNOW's merger with MRC Global Inc. as a result of material issues affecting MRC Global's new ERP system.

The Truth Allegedly Emerges

- November 5, 2025 — Reassurances Before Acquisition: The complaint alleges that on DNOW's Q3 2025 earnings call—the day before closing the merger—management assured investors that MRC Global had implemented a "state-of-the-art" Enterprise Resource Planning (ERP) system that promised "improved inventory management, order processing efficiency, and supply chain optimization." DNOW allegedly minimized integration risks, reassuring the market that MRC's past software glitches were merely an "isolated, one-time event."

- February 20, 2026 — The Disclosures: DNOW reported its Q4 and full-year 2025 financial results, revealing that MRC revenues had sharply declined due to "persistent ERP challenges" and acknowledging that MRC's software implementation was, in fact, an "obstacle."

- Operational Flaws & Guidance Delay: Management conceded that flawed software design architecture caused severe operational slowdowns, impeded customer service, and required substantial unexpected capital expenditure to remediate. Consequently, DNOW was forced to delay its sequential and full-year 2026 financial guidance.

- Market Impact: On this news, DNOW stock crashed 19% in a single trading session.

Statement from Hagens Berman Partner Reed Kathrein

"We are focused on whether the Proxy Materials downplayed ERP integration failures at MRC Global allowing management to push the deal through, as the complaint alleges," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the claims in the pending suit.

What DNOW Investors & Whistleblowers Can Do

- DNOW Investors: If you purchased DNOW common stock and sustained significant losses, you may be eligible to take an active role in the class action. The court-appointed lead plaintiff deadline is October 2, 2026. Submit your loss details here.

- Whistleblowers: Persons with non-public information regarding DNOW should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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Während seiner Reise legte der ST1 von Sceye fast 30.000 km zurück und kehrte am 4. September 2026 auf das Festland der Vereinigten Staaten zurück. ST1 erreichte am 5. September 2026 den Luftraum in der Nähe des Hauptsitzes von Sceye in Moriarty, New Mexico, wo Sceye weitere Fahrzeugtests sowie einen geplanten Abbruch und Sinkflug durchführte.

„Bahnbrechend und historisch – das sind nur einige der Begriffe, mit denen sich unser ST1-Flug beschreiben lässt", sagt Mikkel Vestergaard Frandsen, Gründer und CEO von Sceye. „Diese Mission hat nicht nur bewiesen, dass unsere Technologie, unsere Fahrzeugsysteme, unsere Nutzlast und unsere betriebliche Infrastruktur für Konnektivitätsdienste bereit sind, sondern auch, dass die Stratosphäre der Ort ist, an dem die zukünftige nicht-terrestrische Infrastruktur liegen wird. Die Stratosphäre wird die Zukunft der ständigen Vernetzung ermöglichen – einschließlich des vielversprechenden Zeitalters von 6G. Gemeinsam werden Boden, Stratosphäre und Weltraum – wobei jeder Bereich seine optimalen Stärken ausspielt – den Kurs der Menschheit verändern."

Das Projekt ST1, das in Zusammenarbeit mit der SoftBank Corp. (TOKIO: 9434, „SoftBank") – einem führenden Anbieter von Telekommunikations- und IT-Dienstleistungen in Japan und weltweit – durchgeführt wurde, markiert den ersten Flug von Sceye nach Asien und stellt einen bahnbrechenden Meilenstein auf dem Weg zur kommerziellen Nutzung von HAPS als stratosphärische Infrastruktur dar. ST1 beförderte SceyeCELL, einen in seiner Art einzigartigen „Mobilfunkmast am Himmel", der dafür konzipiert ist, von der Stratosphäre aus direkt auf Standardgeräte flächendeckendes mobiles Breitband bereitzustellen. Im Vollbetrieb ist ein Sceye-HAPS auf eine Abdeckung ausgelegt, die etwa der von 500 terrestrischen Mobilfunkmasten entspricht.

Die Stratosphäre bietet eine ideale Ausgangslage: Sie ist der Erde nahe genug für leistungsfähige Konnektivität und Beobachtung, zugleich aber hoch genug für eine weiträumige Abdeckung. Wichtig ist, dass die Stratosphäre weltraumähnliche Bedingungen bietet, ohne dass die Kosten eines Aufenthalts im Weltraum und die Nachteile einer Umlaufbahn entstehen. Die HAPS von Sceye halten über aufeinanderfolgende Tag- und Nachtzyklen hinweg ihre Flughöhe, verbleiben in ihrem Einsatzgebiet in der Stratosphäre und funktionieren dabei wie geostationäre Satelliten, befinden sich jedoch 1800-mal näher an der Erde und verursachen nur einen Bruchteil der Kosten.

Die ST1-Mission von Sceye war ein voller Erfolg:

- Im Laufe einer einmonatigen Reise legte das Gerät fast 30.000 km von New Mexico nach Japan und zurück nach New Mexico zurück.

- Seit über 7 Tagen im von Japan verwalteten Luftraum im Einsatz

- Hielt sich über einen längeren Zeitraum hinweg ununterbrochen an seinem Zielort an der Küste Japans auf und erreichte dabei einen Suchradius von nur 5 km

- Wurde in einer Höhe zwischen 16,5 und 17 km eingesetzt, um Telekommunikations-, Drohnen- und Notfallkommunikation durchzuführen

- Demonstration mobiler Breitbandverbindungen aus der Stratosphäre, einschließlich SMS, Sprachanrufen, Internetzugang und Videostreaming

- Getestete Notrufe unter Verwendung eines für Großkatastrophen konzipierten Notfallwarnsystems sowie die Kommunikation mit Drohnen

- Bestätigte eine mit terrestrischen Netzen vergleichbare Kommunikationsleistung bei gleichzeitiger Verringerung von Funkinterferenzen mit bodengestützten Basisstationen

- Mithilfe eines auf dem HAPS installierten Servers führten Sceye und SoftBank die Datenverarbeitung direkt auf der Plattform durch und erzielten dabei eine durchschnittliche Round-Trip-Verarbeitungsreaktionszeit von 68 Millisekunden, wodurch die Kommunikationslatenz im Vergleich zur internetbasierten Cloud-Verarbeitung um über 40 % reduziert wurde. Damit wurde weltweit erstmals ein Test erfolgreich durchgeführt, bei dem ein Mobilfunkkernnetz sowie ein Webserver zur Datenverarbeitung auf einem HAPS installiert wurden, sodass die Antwortverarbeitung vollständig an Bord des HAPS erfolgen und die Ergebnisse an Smartphones zurückgesendet werden konnten.

ST1 ist der erste Flug im Rahmen des Service-Testprogramms von Sceye.

Informationen zu Sceye

Das im Jahr 2014 gegründete Unternehmen Sceye (ausgesprochen „Sky") ist ein Luft- und Raumfahrtunternehmen, das sich der Weiterentwicklung der stratosphärischen Infrastruktur verschrieben hat, um Menschen miteinander zu verbinden und den Planeten zu schützen. Sceye ist führend auf dem Gebiet der High-Altitude Platform Systems (HAPS) und konzentriert sich auf universelle Konnektivität, Klimaüberwachung, Management natürlicher Ressourcen und Katastrophenvorsorge.

Kontakt:  [email protected]

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SAN FRANCISCO, Sept. 9, 2026 /PRNewswire/ -- UWM Holdings Corporation (NYSE: UWMC) faces a securities class action lawsuit after the price of their shares cratered 34% on August 6, 2026 in response to revelations that the company suffered over a $603 million hedge loss associated with its failed bid to acquire Two Harbors Investment Corp. and, as a result, agreed to a plan to massively dilute existing shareholders.

Hagens Berman is investigating the alleged claims and encourages UWM investors who suffered substantial losses to submit your losses now.

Key Details

Class Period: Mar. 9, 2026 – Aug. 5, 2026

Lead Plaintiff Deadline: Oct. 13, 2026

Visit: www.hbsslaw.com/uwmc

Contact the Firm Now: [email protected]

                                         844-916-0895

UWM Holdings Corporation ($UWMC) Securities Class Action:

The suit centers on UWM's disclosures about its hedging strategy in connection with its attempt to acquire Two Harbors.

On December 17, 2025, mortgage lender UWM announced that it and mortgage servicing rights ("MSR") company Two Harbors entered into a merger agreement pursuant to which UWM would acquire Two Harbors for about $1.3 billion in UWM stock. Two Harbors was free to receive proposals superior to UWM's.

In connection with the proposed acquisition, UWM entered into significant hedging transactions against Two Harbors' MSR portfolio whose value typically and rapidly changes based on interest rates and homeowner refinancing speeds.

The complaint alleges that UWM did not disclose that it over-hedged in connection with its attempt to take over Two Harbors. The danger to this is that if an acquisition falls through the massive hedge left behind can turn into a speculative gamble.

Over four months ago, on March 27, 2026, Two Harbors announced that it entered a definitive merger agreement with CrossCountry Mortgage in a cash transaction and that it terminated its previous deal with UWM and would pay UWM the termination fee.

Although UWM had disclosed certain information about having hedged the transaction before March 27, investors did not learn the truth of the company's exposure until August 6, 2026. That day UWM reported three important things.

First, the company reported a massive $451 million net loss and roughly a $603 million hedging loss. Management revealed, apparently for the first time, that "we were over-hedged" and "obviously, the Two Harbors transaction went away."

Second, UWM disclosed that its total equity sequentially plunged by about $615 million, or a whopping 38%.

On top of that and third, UWM told shareholders in essence that, as a result of the foregoing, it entered into a massively dilutive recapitalization plan.

The market swiftly reacted, sending the price of UWM shares sharply lower that day. Between December 17, 2025, the day of the Two Harbors acquisition announcement, and August 6, 2026, the price Of UWM shares has declined by about $3.65 or 75%.

Hagens Berman's Investigation

"We're focused on UWM's explanations for why it refrained from unwinding its hedges months ago and why management seemingly went virtually silent on the naked hedging risks until recently," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in UWM and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

Whistleblowers: Persons with non-public information regarding UWM should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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