Fred DeAndrea and Sakeema M. James bring extensive public affairs and stakeholder engagement experience to the team

CAMDEN, N.J., Sept. 23, 2026 /PRNewswire/ -- New Jersey American Water today announced two leadership appointments within its Government Affairs team: Fred DeAndrea has joined the company as director of Government Affairs, and Sakeema M. James has been promoted to senior manager of Government Affairs.

"Building and maintaining strong relationships with government leaders, regulators and community stakeholders is fundamental to advancing our mission and supporting the communities we serve," said Kimberly Schalek Downes, vice president of Business Development, Government and External Affairs for New Jersey American Water. "Fred and Sakeema bring extensive experience working with elected officials, regulators and community stakeholders, as well as a strong understanding of New Jersey's political and business landscape. Together, they bring the leadership and perspective needed to support our work and help advance our commitment to the customers and communities we serve across the Garden State."

Fred DeAndrea brings to New Jersey American Water more than 20 years of experience advancing public policy and external affairs initiatives. Most recently, he served as senior director of government and community affairs for New Jersey at Comcast, where he led government relations and advocacy efforts across the state. His previous roles included leadership positions in government and regulatory affairs, corporate communications and public relations. He began his career in government as a district representative for U.S. Rep. Robert E. Andrews.

Throughout his career, DeAndrea has worked closely with government officials, regulators, business organizations and community stakeholders.

He holds a bachelor's degree in political science from Rutgers University and has served on the Greater Atlantic City Chamber of Commerce board of directors, as well as the boards of trustees of the Southern New Jersey Development Council and Boys & Girls Club of Camden County. He is also a 2025 Lead New Jersey fellow.

Sakeema M. James has served New Jersey American Water since 2020, most recently as manager of Government Affairs. In that role, she helped lead the company's statewide government affairs strategy and advised company leadership on legislative and public policy matters. Additionally, she continues to serve as the chairwoman of the New Jersey American Water Employee Political Action Committee (PAC). As senior manager of Government and Regulatory Affairs, James will expand upon her work advancing the company's priorities, with a focus on government and stakeholder engagement throughout central and northern New Jersey.

Before bringing her expertise to New Jersey American Water, James served in several leadership roles for then- Senate President Pro Tempore, including chief of staff and district office director. She also taught public administration as an adjunct professor at her alma mater, Fairleigh Dickinson University. James holds a Master of Public Administration from Fairleigh Dickinson University and a bachelor's degree in political science from Howard University. In 2024, she received the Progressive Leaders of Tomorrow Community Service Award in recognition of her leadership and service. James also serves as board trustee for PAM's List and the Urban League of Hudson County.

As director of Government Affairs, DeAndrea will help lead New Jersey American Water's government affairs strategy, supporting engagement with policymakers and stakeholders across the state while advancing key legislative and business priorities. With a career similarly focused on public service, policy and stakeholder engagement throughout New Jersey, James will complement that statewide work through continued leadership and a focus on central and northern New Jersey. Together, these appointments reflect the depth of experience and leadership within New Jersey American Water's Government Affairs team. As New Jersey American Water continues investing in infrastructure and strengthening relationships across the state, DeAndrea and James will help advance the company's mission through effective public engagement, collaboration and partnership.

About American Water 

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 19 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram. 

About New Jersey American Water 

New Jersey American Water, a subsidiary of American Water (NYSE: AWK), is the largest regulated water utility in the state with approximately 875 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 3 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on LinkedIn, Facebook, X, and Instagram.  

SOURCE American Water

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WATERLOO, ON, Sept. 23, 2026 /PRNewswire/ -- Open Text Corporation (the "Company" or "OpenText") (NASDAQ: OTEX), (TSX: OTEX) today announced that it has priced an offering (the "Notes Offering") of $500 million principal amount of 6.700% senior secured notes due 2031 and $500 million principal amount of 7.150% senior secured notes due 2033 (together, the "Notes").

The Notes will be guaranteed on a senior secured basis by OpenText's existing wholly-owned subsidiaries that are guarantors or co-obligors under OpenText's senior secured credit facilities, term loan credit agreement and its 6.900% Senior Secured Notes due 2027 (the "2027 Notes"). The Notes and related guarantees will be secured on the same basis as the Company's senior secured credit facilities, term loan credit agreement and 2027 Notes. The Notes Offering is expected to close on October 1, 2026, subject to customary closing conditions.

OpenText intends to use the net proceeds from the Notes Offering, together with cash on hand, to fund, in the aggregate (i) the redemption in full of the outstanding $1.0 billion principal amount of its 2027 Notes, including the payment of the applicable redemption premium, accrued and unpaid interest and related costs and expenses and (ii) the consideration for any of its outstanding 3.875% Senior Notes due 2028 (the "2028 Notes") accepted for purchase in the tender offer by the Company for such 2028 Notes, up to an aggregate principal amount of the 2028 Notes that will not exceed $450 million (subject to increase or decrease by the Company), plus accrued and unpaid interest and related costs and expenses (the "Tender Offer").

The Notes and related guarantees will not be registered under the Securities Act of 1933, as amended (the "Securities Act"). The Notes and the related guarantees are being issued pursuant to Rule 144A and Regulation S under the Securities Act. The Notes and related guarantees may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act), except to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act and to certain persons in offshore transactions in reliance on Regulation S under the Securities Act. The Notes have not been and will not be qualified for sale to the public by prospectus under applicable Canadian securities laws and, accordingly, any offer and sale of the Notes in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws.

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

This press release shall not constitute a notice of redemption under the indenture governing the 2027 Notes, and such redemption is subject to the conditions set forth in the applicable notice of redemption, including the financing condition described therein. Such notice has been made only in accordance with the provisions of the indenture governing the 2027 Notes. There can be no assurances as to whether any such redemption will be effected as described above.

This press release shall not constitute an offer to purchase the 2028 Notes in the Tender Offer, which is only made pursuant to the Offer to Purchase dated September 23, 2026 (the "Offer to Purchase"), which is subject to the conditions, including the financing condition described therein. Holders of the 2028 Notes should refer to the Offer to Purchase available from Global Bondholder Services Corporation, the tender and information agent for the Tender Offer, and the Company's concurrent press release related to the Tender Offer dated September 23, 2026.

OTEX-F

About OpenText

OpenText™ is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence. Our technologies turn data into information with context to form the knowledge base for enterprise AI.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the Notes Offering, the proposed conditional redemption and the proposed Tender Offer, and the operating environment, economies and markets in which OpenText operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by OpenText at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the Securities and Exchange Commission and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2026 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s).

SOURCE Open Text Corporation

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Company outlines path for durable, accelerated growth through four strategic growth vectors

SANTA CLARA, Calif., Sept. 23, 2026 /PRNewswire/ -- Today at its 2026 Financial Analyst Meeting, Everpure (NYSE: P), the company revolutionizing storage and data management, provided details on its business expansion providing durable, accelerated growth. The company also reaffirmed its fiscal year 2027 outlook and provided a preliminary outlook for fiscal year 2028.

"Everpure is at an inflection point as we expand our horizons to managing data in the enterprise and solutions for hyperscalers," said Charlie Giancarlo, Chairman and Chief Executive Officer at Everpure. "A decade of committed investment in an integrated, extensible architecture has created a structurally higher growth baseline in our core business. This same core IP has unlocked three distinct, incremental markets—allowing us to expand our opportunity, drive significant operating leverage, and provide enhanced visibility into our long-term financial trajectory."

Sustained R&D Innovation

Over the past five years, Everpure has consistently dedicated on average 19% of annual revenue to R&D1. Everpure's focused R&D investments on a single, unified platform is a superior use of invested capital versus fragmenting resources across multiple legacy architectures. This disciplined strategy has fueled both the durability of Everpure's core business, demonstrated by eight consecutive quarters of accelerating revenue growth, and its expansion into new high growth markets. Building upon a track record of consistent market share gains across both inflationary and deflationary cycles, Everpure expects its strong R&D leadership to extend its product velocity while accelerating penetration into new growth markets.

Four Strategic Growth Vectors

By leveraging its proprietary intellectual property and extensible architecture, Everpure has unlocked multiple new distinct market opportunities alongside its core foundation. The company outlined four strategic growth vectors:

- Core and Core AI: Includes FlashBlade, Flash Array, and Evergreen//One subscriptions, both CPU- and GPU-attached.

- Modern Data Software: Includes Everpure Data Intelligence, Everpure Data Stream, Portworx, Everpure Resilience, and Everpure Cloud.

- Scale AI: Includes FlashBlade//EXA solutions tailored for neoclouds and AI-native providers.

- Hyperscale Solutions: Includes DirectFlash technology designed specifically for hyperscalers.

Core and Core AI is projected to continue to gain market share, and the three new growth vectors—Modern Data Software, Scale AI, and Hyperscale Solutions—are expected to represent approximately 20% of total revenue by fiscal year 2030.

Financial Outlook and Capital Management

"Everpure's financial profile is durably resetting to higher levels of growth and profitability," said Tarek Robbiati, Chief Financial Officer at Everpure. "We have demonstrated over the past decade-plus that we can profitably grow and take share in our core business across inflationary and deflationary cycles. This has been made possible by our unique differentiated IP which is now enabling a sustained level of financial performance well above Rule of 40."

To support this trajectory, Everpure maintains a disciplined capital management framework centered on funding organic investment, strengthening the balance sheet, pursuing strategic mergers and acquisitions, completing share buybacks to offset dilution from stock-based compensation, and executing additional select buybacks to return excess capital. Today's new framing preserves flexibility to fund a much larger opportunity set than the company has ever had.

The company re-affirmed its fiscal year 2027 revenue and operating income guidance provided on its second quarter fiscal year 2027 earnings call, and provided a preliminary outlook for fiscal year 2028.

These statements are forward-looking and actual results may differ materially. Refer to the Forward Looking Statements section below for information on the factors that could cause our actual results to differ materially from these statements.

Additional Resources

- Executive Commentary: Read additional insights on Everpure's market expansion and differentiated value for hyperscalers.

- Webcast Replay and Presentation Slides: The Financial Analyst Meeting webcast replay and presentation slides will be available in the Events & Presentations section of Everpure's Investor Relations website.

About Everpure

Everpure (NYSE: P) allows organizations to take control of their data with an industry-leading, ever-evolving storage and data management platform. We help companies unleash the power of their data by ensuring it is accessible, intelligent, and ready to perform in the AI era. We make data management effortless while simultaneously scaling performance and significantly reducing energy consumption. With one of the highest Net Promoter Scores for over a decade, Everpure is the choice of the world's most innovative organizations. For more information, visit www.everpuredata.com.

The release timing of any discussed functionality remains at Everpure's sole discretion. The information provided is not a commitment to deliver discussed functionality based on any timeline.

Investors and others should note that we announce material business and financial information through our investor relations website at investor.everpuredata.com, SEC filings, public conference calls and webcasts, and press releases, including earnings press releases. We also announce business and financial information through our newsroom website (https://www.everpuredata.com/company/newsroom.html), blog (http://blog.everpuredata.com), LinkedIn (linkedin.com/company/everpure-data), X (x.com/EverpureData), Facebook (@purestorage), Instagram (@purestorage) and YouTube (@everpure-data). It is possible that the information we post on these channels could be deemed to be material information. Therefore, we encourage investors to follow these channels, in addition to our SEC filings, public conference calls and webcasts, and press releases.

Forward Looking Statements

This press release contains forward-looking statements regarding our products, business, operations and financial performance, including but not limited to our views relating to our future period financial and business results, our expectations regarding rule of 40, and the expected contribution to our revenue from modern data software, scale AI, and hyperscale products; our capital allocation priorities, including research and development investment, strategic mergers and acquisitions and the return of excess capital; our total addressable and serviceable addressable market estimates and our expectations regarding market growth and continued market share gains, including Core and Core AI; the expected mix of core and new product revenue; demand for our products and subscription and consumption offerings, including Evergreen//One, and the related sales mix; our sales pipeline and the timing and magnitude of large orders, including sales to hyperscalers and large enterprises; our technology and product strategy and roadmap, including DirectFlash, FlashBlade//EXA, the Enterprise Data Cloud and our expansion into data intelligence; our market opportunities in modern data software, scale AI and hyperscale environments, our ability to meet hyperscalers' performance, price and other requirements, to expand with existing and land new hyperscale customers, and the timing and amount of hyperscale revenue; our ability to manage supply chain disruptions and procure sufficient flash and other components; the impact of component cost increases and NAND pricing cycles on our pricing, gross margin and share gains; the anticipated effects of our acquisition of 1touch; our expectations regarding product and technology differentiation, sustainability and energy savings for customers, new investments and partnerships; and the impact of inflation, currency fluctuations, tariffs or other adverse economic conditions.

Actual results may differ materially from the results predicted. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings and reports with the U.S. Securities and Exchange Commission, which are available on our Investor Relations website at investors.everpuredata.com and on the SEC website at www.sec.gov. Additional information is also set forth in our Annual Report on Form 10-K for the fiscal year ended February 1, 2026. All information provided in this release and in the attachments is as of September 23, 2026, and Everpure undertakes no duty to update this information unless required by law.

Non-GAAP Financial Measures

To supplement its guidance, Everpure has provided forward-looking guidance on non-GAAP operating income and the related year-over-year growth rate for fiscal year 2027 and, on a preliminary basis, for fiscal year 2028. Everpure has also provided average non-GAAP research and development expense as a percentage of revenue for the five fiscal years ended February 1, 2026. Non-GAAP research and development expense excludes certain expenses such as stock-based compensation expense, payments to former shareholders of acquired companies, payroll tax expense related to stock-based activities, expenses for severance and termination benefits related to workforce realignment, and duplicate lease costs during the transition of our corporate headquarters. For a reconciliation of average non-GAAP research and development expense as a percentage of revenue for the five fiscal years ended February 1, 2026 as a percentage of revenue for the same period, please see the table at the end of this press release.

The yard has been the proving grounds to fleet electrification as early adopters move to standardize with EV terminal trucks.

FORT WAYNE, Ind., Sept. 23, 2026 /PRNewswire/ -- The North American Council for Freight Efficiency (NACFE) today announced the release of its new Collaboration report titled Beyond The Pilot: Electric Terminal Tractor Adoption, Four Year Later. NACFE published its first terminal tractor report, The Use Case for Terminal Tractors, in 2022, and revised this year to assess the changes in fleet experiences and market development, which lead to the publishing of the new report which was sponsored by Orange EV.

"NACFE gathered insights about fleet procurement behavior and preferences related to electric terminal tractors and found that today terminal tractors are a proven option for a growing number of fleets," said Bruce Stockton, NACFE's senior fleet consultant and one of the report's authors.

The research uncovers three clear signals that electric terminal tractors have moved past the pilot phase. First, the economics have solidified: 76% of fleet operators surveyed report real operating-cost savings compared to diesel, and direct economic benefit — not just sustainability goals — is now the top-cited reason fleets adopt the technology. Second, fleets are scaling electric terminal tractors, not just testing them: 54% of fleet operators surveyed have moved past the pilot stage into partial deployment or full standardization. And third, terminal tractors are emerging as fleets' entry point into electrification more broadly — 58% of fleet operators surveyed either adopted electric terminal tractors before any other battery electric vehicle type or have electrified terminal tractors exclusively, using the yard as a low-risk way to build confidence before electrifying on-road vehicles.

Included in the report, one fleet with nearly a decade of side-by-side performance data reported roughly 50% lower maintenance cost per operating hour and 75 to 95% lower energy cost per operating hour compared to diesel, independently corroborated by trade press at more than $5 million combined savings.

This report was produced in collaboration with Orange EV, a manufacturer of electric terminal tractors, which helped sponsor the research, facilitate interview participants, promote the online survey, and provide a manufacturer's viewpoint. Orange EV did not write any part of the report nor provide any of the data within it.

The report draws on a survey of NACFE's fleet and industry-partner network (62 respondents: 44 fleet operators and 18 industry partners) and was supplemented with seven in-depth interviews along with significant additional independent research.

"This research confirms trends we've seen for over a decade: the yard is where fleet electrification is proven to deliver outstanding financial and operational benefits," Zack Ruderman, vice president of sales and marketing at Orange EV said. "Fleet operators used to be skeptical about whether electric terminal tractors could actually do the job. Now they are asking about how quickly they could standardize around EVs."

The report also features seven case studies that represent a range of outcomes from complete standardization to the decision not to adopt.

To help fleets assess their readiness for adding electric terminal tractors, NACFE developed an interactive Terminal Tractor Electrification Readiness Tool that scores an organization across seven factors — daily duty cycle, capital access, external motivators such as regulation or internal decarbonization targets, incentive availability, power and charging infrastructure, prior EV experience, and site control — and maps the resulting score to one of five readiness tiers, from "strong candidate" to "not yet a fit."

NACFE is holding a webinar on October 7 at 2 pm ET to discuss the report findings in depth. Register here.

ABOUT NACFE: The North American Council for Freight Efficiency (NACFE) works to drive the development and adoption of efficiency enhancing, environmentally beneficial, and cost-effective technologies, services, and operational practices in the movement of goods across North America. NACFE provides independent, unbiased research, including Confidence Reports on available technologies and Guidance Reports on emerging ones, which highlight the benefits and consequences of each, and deliver decision-making tools for fleets, manufacturers, and others. NACFE partners with RMI on a variety of projects including the Run on Less demonstration series, electric trucks, emissions reductions, and low-carbon supply chains. Visit NACFE.org or follow us on Facebook, LinkedIn and Twitter: @NACFE_Freight

About Orange EV

Orange EV is the leading manufacturer of purpose-built zero-emission terminal trucks in North America. Manufactured in Kansas City, Orange EV delivers a turnkey electrification solution that includes Class 8 EV trucks, on-site service, and chargers including the Orange Juicer™ CCS1 battery-integrated charging system produced by its OptiGrid subsidiary, empowering fleets to deploy yard operations with superior reliability in days or weeks, not years. Surpassing 36 million miles and 14 million hours of operation across 43 states, Canada, and the Caribbean, savvy fleets choose Orange EV for more efficient and predictable yard operations with superior uptime. Visit orangeev.com

SOURCE Orange EV

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SAN FRANCISCO, Sept. 23, 2026 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered substantial losses submit their losses now.

A securities fraud class action lawsuit has been filed against Alibaba, and investors are encouraged to contact the firm regarding potential recoveries and lead plaintiff rights. The case, captioned Wistisen v. Alibaba Group Holding Limited, et al., No. 1:26-cv-06654 (S.D.N.Y.), accuses Alibaba and certain of its executive officers of violating the Securities Exchange Act of 1934.

View our latest video summary of the allegations: www.youtube.com/watch?v=Mt00-HjZs8U

Class Period: June 26, 2025 – June 24, 2026

Lead Plaintiff Deadline: Oct. 5, 2026

Visit: www.hbsslaw.com/baba

Contact the Firm Now: [email protected]

                                       844-916-0895

Core Allegations

The lawsuit alleges that Alibaba and certain executives misrepresented and failed to disclose adverse facts pertaining to the Company's business which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:

- Under the National Defense Authorization Act (NDAA), any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology (MIIT) were considered a Chinese military company;

- Alibaba was directly or indirectly controlled by or affiliated with the MIIT;

- The risk of Alibaba carrying out distillation attacks against third- party AI models was not a mere hypothetical or inadvertent, but ongoing; and

- As a result, Defendants' public statements about Alibaba's business, operations, and prospects were materially false and/or misleading at all relevant times.

The Truth Emerges

The truth regarding Alibaba's regulatory exposure and illicit business practices was revealed through a series of partial corrective disclosures:

- June 8, 2026: The U.S. Department of Defense added Alibaba to its list of Chinese military companies under the NDAA due to its ties to the MIIT. On this news, Alibaba ADSs fell $4.69 per share, or 3.9%, over two trading sessions.

- June 24, 2026: Bloomberg reported that Anthropic alerted U.S. officials that Alibaba fraudulently accessed Anthropic's Claude AI models via thousands of fake accounts to execute unauthorized "distillation" attacks to train its own models. On this news, Alibaba ADSs fell $4.73 per share, or 4.7%, to close at $95.07 on June 25, 2026.

The complaint alleges that as a result of Defendants' misleading statements and omissions, investors suffered substantial losses when the artificial inflation was removed from the stock.

Hagens Berman's Investigation

"We are investigating whether Alibaba executives intentionally concealed the company's regulatory ties and engaged in fraudulent operational practices to mislead the market about its true risk profile and competitive position," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the alleged claims in the pending suit.

Read Hagens Berman's detailed analysis on the alleged AI securities fraud by Alibaba, including claims that the company misled shareholders about its artificial intelligence capabilities while secretly conducting a massive industrial espionage campaign to close the gap.

What Affected $BABA Investors Should Do

If you purchased or acquired Alibaba securities between June 26, 2025, and June 24, 2026, and suffered significant financial losses, you have until October 5, 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/baba, call Reed Kathrein at 844-916-0895, or email [email protected].

Whistleblowers: Persons with non-public information regarding Alibaba 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.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected]

SOURCE Hagens Berman Sobol Shapiro LLP

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SAN DIEGO, Sept. 23, 2026 /PRNewswire/ -- Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired Better Home & Finance Holding Company (NASDAQ: BETR) securities between March 13, 2026 and May 7, 2026, inclusive (the "Class Period"). Better Home operates as a homeownership company in the United States. The Company provides government-sponsored enterprise conforming loans and associated loans to banks, insurance companies, asset managers, and mortgage real estate investment trusts.

The complaint alleges that Better Home misled investors regarding its business prospects.

Investors who suffered significant losses during the Class Period may be eligible to participate in the lawsuit and should contact Robbins LLP before the November 20, 2026, lead plaintiff deadline.

Why Was Better Home Sued?

According to the complaint, during the Class Period, defendants failed to disclose to investors: (1) that the Company's conversion funnel was already slowing due to macro factors;

(2) that, as a result, the Company's $1 billion monthly funded volume target was likely to be deferred; and

(3) that, due to the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why Did Better Home Stock Drop?

On May 7, 2026, before the market opened, Better Home released its first quarter 2026 financial results, including "guidance of Loan Volume of $1.575 to $1.725 billion" for the second quarter of 2026, falling short of the previously issued guidance of $1.0 billion in Monthly Loan Volume by the end of May 2026.

During the earnings call held the same day, the Company's Chief Executive Officer, Vishal Garg, stated that "conversion rates are down from where they were in Q1" and "customers are not converting at nearly the same rate." Garg revealed that, as a result, the achievement of "our $1 billion monthly funded volume target . . . looks like it's going to be deferred." On this news, Better Home's stock price fell $12.17, or 28.5%, to close at $30.52 per share on May 7, 2026.

Who May Be Eligible to Participate in the BETR Class Action?

The lawsuit seeks to represent investors who purchased or otherwise acquired Better Home & Finance Holding Company securities between March 13, 2026 and May 7, 2026. Investors who suffered losses during that period may have legal rights under the federal securities laws.

What Is a Lead Plaintiff?

The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Shareholders who wish to lead the case should contact Robbins LLP before the November 20, 2026, lead plaintiff deadline.

Serving as lead plaintiff is not required to share in any potential recovery. Investors who do not seek appointment may remain absent class members if the case proceeds and later resolves successfully.

Does It Cost Anything to Participate?

No. Robbins LLP represents investors on a contingency fee basis.

Why Robbins LLP?

A recognized leader in shareholder rights litigation, Robbins LLP has helped restore more than $2 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history.

"Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP.

To be notified if a class action against Better Home & Finance Holding Company settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Contact Robbins LLP

Investors seeking additional information about the Better Home & Finance Holding Company securities class action may contact Robbins LLP by submitting an inquiry.

Attorney Advertising. Past results do not guarantee a similar outcome.

SOURCE Robbins LLP

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SAN FRANCISCO, Sept. 23, 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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SAN FRANCISCO, Sept. 23, 2026 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP, a national shareholder rights firm, notifies investors in Aardvark Therapeutics, Inc. (NASDAQ: AARD) of a pending securities class action lawsuit.

Investors who purchased or acquired Aardvark common stock pursuant and/or traceable to the offering documents issued in connection with the Company's initial public offering (IPO) on or about February 13, 2025, and/or purchased or acquired Aardvark securities between February 13, 2025 and May 14, 2026 (the Class Period), are encouraged to contact our firm now.

Watch our video on the Aardvark investigation: youtu.be/pY5E36QoCqo

Key Case Details & Important Deadlines

- Lead Plaintiff Motion Deadline: October 13, 2026

- Visit: www.hbsslaw.com/aard

What is the Lawsuit About?

The complaint alleges that Aardvark Therapeutics, a clinical-stage biopharmaceutical company focused on developing small-molecule therapies targeting bitter taste receptors (TAS2Rs) such as ARD-101 for the treatment of hyperphagia in Prader-Willi Syndrome (PWS), made materially false and misleading statements and/or failed to disclose critical information.

Specifically, the action points out that the offering documents and defendants failed to disclose:

- That ARD-101 was significantly less safe than defendants had led investors to believe;

- That unexpected, reversible cardiac observations (such as QRS prolongation) occurred during trials at above-target doses; and

- Consequently, Aardvark's clinical, regulatory, and commercial prospects—including the Phase 3 Hunger Elimination or Reduction Objective (HERO) trial and open-label extension (OLE)—were materially overstated.

The Truth Emerges: Voluntarily Pause and FDA Clinical Hold

- February 27, 2026: Aardvark announced it was voluntarily pausing its Phase 3 HERO trial due to "reversible cardiac observations at above target therapeutic doses found during routine safety monitoring in a healthy volunteer study." Following this news, Aardvark's stock price plummeted over 56%.

- May 14, 2026: Aardvark announced that the U.S. Food and Drug Administration (FDA) placed a full clinical hold on its investigational new drug application (IND) for ARD-101, halting all ongoing studies under the IND, including the Phase 3 HERO trial and OLE trial. Aardvark's stock price fell another 32.1%.

Hagens Berman's Investigation

"We're investigating the suit's allegations, including that Aardvark allegedly misled investors about ARD-101's development, its safety and efficacy," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the claims in the pending suit.

What Can Aardvark Investors Do?

If you are a class member who suffered losses on Aardvark securities, you have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. The firm welcomes AARD investors to contact the firm to discuss their legal rights and potential recovery options.

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

Whistleblowers: Persons with non-public information regarding Aardvark Therapeutics 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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AerCap Holdings N.V. Announces Pricing of $1.5 Billion Aggregate Principal Amount of Senior Notes

DUBLIN, Sept. 23, 2026 /PRNewswire/ -- AerCap Funding Designated Activity Company (the "Issuer"), a wholly-owned subsidiary of AerCap Holdings N.V. ("AerCap" or the "Company"), priced an offering of senior notes, consisting of $750 million aggregate principal amount of the Issuer's 5.500% Senior Notes due 2030 (the "2030 Notes") and $750 million aggregate principal amount of the Issuer's 5.875% Senior Notes due 2033 (the "2033 Notes" and, together with the 2030 Notes, the "Notes"). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company and certain other subsidiaries of the Company.

The Issuer intends to use the net proceeds from the Notes for general corporate purposes, including to acquire, invest in, finance or refinance aircraft assets and to repay indebtedness.

Citigroup, Mizuho, BNP PARIBAS, Deutsche Bank Securities, Santander and Truist Securities are serving as joint book-running managers for the underwritten public offering.

The Company has filed a registration statement (including a prospectus) on Form F-3 with the U.S. Securities and Exchange Commission (the "SEC") for the underwritten offering to which this communication relates. The registration statement automatically became effective upon filing on June 29, 2026. Investors should read the accompanying prospectus dated June 29, 2026, the preliminary prospectus supplement relating to the offering dated September 23, 2026, and other documents the Company has filed with the SEC for more complete information about the Company and this offering.

These documents may be obtained for free by visiting EDGAR on the SEC's website at www.sec.gov. The prospectus supplement and accompanying prospectus relating to this offering may also be obtained from: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146 or by email at prospectus@citi.com; Mizuho Securities USA LLC, Attn: Debt Capital Markets, 1271 Avenue of the Americas, New York, New York 10020, or by telephone at 1-866-271-7403; BNP Paribas Securities Corp., 787 Seventh Avenue, New York, NY 10019, by telephone at 1-800-854-5674, or by email at [email protected]; Deutsche Bank Securities Inc., 1 Columbus Circle, New York, NY 10019, Attn: Prospectus Group, by telephone at 1-800-503-4611 or by email at [email protected]; Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, by telephone at 1-855-403-3636; or Truist Securities, Inc., 740 Battery Avenue SE, 3rd Fl, Atlanta, Georgia 30339, Attention: Prospectus Dept, or by calling toll-free at 1-800-685-4786, or by email at [email protected].

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

About AerCap

AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is headquartered in Dublin with offices in Miami, Shannon, Memphis, Singapore, London, Dubai, Shanghai, Amsterdam and other locations around the world.

Forward-Looking Statements

This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements, including but not limited to the availability of capital to us and to our customers and changes in interest rates; the ability of our lessees and potential lessees to make lease payments to us; our ability to successfully negotiate flight equipment (which includes aircraft, engines and helicopters) purchases, sales and leases, to collect outstanding amounts due and to repossess flight equipment under defaulted leases, and to control costs and expenses; changes in the overall demand for commercial aviation leasing and aviation asset management services; the continued impacts of the Ukraine Conflict, including the resulting sanctions by the United States, the European Union, the United Kingdom and other countries, on our business and results of operations, financial condition and cash flows; the effects of terrorist attacks on the aviation industry and on our operations; the economic condition of the global airline and cargo industry and economic and political conditions; the impact of hostilities in the Middle East, or any escalation thereof, on the aviation industry or our business; trade tensions, including U.S. tariffs and retaliatory measures by the European Union, China and other countries, and the resulting geopolitical uncertainty; development of increased government regulation, including travel restrictions, sanctions, regulation of trade and the imposition of import and export controls, tariffs and other trade barriers; a downgrade in any of our credit ratings; competitive pressures within the industry; regulatory changes affecting commercial flight equipment operators, flight equipment maintenance, engine standards, accounting standards and taxes; and disruptions and security breaches affecting our information systems or the information systems of our third-party providers.

As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in AerCap's annual report on Form 20-F and other filings with the SEC. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE AerCap Holdings N.V.

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AUSTIN, Texas, Sept. 23, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it will report financial results for the third quarter of 2026 on Tuesday, November 3, 2026, after the market closes.

The Company will conduct its quarterly conference call on Wednesday, November 4, 2026, at 9:00 AM ET.

- To access the conference call, please pre-register using this link. Registrants will receive a confirmation with dial-in details.

- A live webcast of the conference call can be accessed using this link. A replay of the webcast will be available in the Investors section of the Company's website, www.shpreit.com, until February 1, 2027.

About Summit Hotel Properties

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry. As of September 23, 2026, the Company's portfolio consisted of 92 assets, 50 of which are wholly owned, with a total of 14,027 guestrooms located in 24 states.

For additional information, please visit the Company's website, www.shpreit.com, and follow on X at @SummitHotel_INN.

SOURCE Summit Hotel Properties, Inc.

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