Professional Services News

NEW YORK--(BUSINESS WIRE)--Today, Grant & Eisenhofer P.A. filed a class action lawsuit on behalf of the Police and Fire Retirement System of the City of Detroit against Roblox Corporation (“Roblox” or the “Company”), Roblox’s CEO David Baszucki, Roblox’s CFO Naveen Chopra, and Roblox’s former CFO Michael Guthrie (collectively, the “Defendants”). The action alleges that Defendants defrauded investors by making materially false and/or misleading statements and failing to disclose material adv...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 20 classes of mortgage-backed notes from RCKT Mortgage Trust 2026-CES7 (RCKT 2026-CES7). RCKT Mortgage Trust 2026-CES7 (RCKT 2026-CES7) is a $549.9 million RMBS transaction, as of the cut-off date, sponsored by Woodward Capital Management LLC, a wholly owned affiliate of Rocket Mortgage, LLC, and Loan Funding Structure LLC, and consists entirely of newly originated closed-end second lien mortgages (CES; 100.0%). The underlying pool...

HOUSTON & BROWNSVILLE, Texas--(BUSINESS WIRE)--Glenfarne Group, LLC (“Glenfarne”) today announced a $500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock. The investment, which is subject to usual and customary conditions, will support the continued development and early construction works of Texas LNG, Glenfarne’s liquefied natural gas (“LNG”) export terminal at the Port of Brownsville. To...

MIAMI LAKES, Fla.--(BUSINESS WIRE)--BankUnited Inc. announced the opening of a new, full-service branch in Westshore, Tampa, Florida....

NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, “RPT” or the “Company”) announced today the commencement of a public offering of the Company’s common stock (the “Offering”). In connection with the Offering, the Company expects to grant the underwriters an option for a period of 30 days to purchase an additional 15% of the number of shares of common stock sold in the Offering solely to cover over-allotments. Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, UBS Investment B...

ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of bill payment solutions, today announced that Zachary F. Sadek has been appointed to its Board of Directors, effective immediately. Mr. Sadek is a Senior Partner at Parthenon Capital Partners, an affiliate of one of the Company’s largest stockholders, PCP Managers II L.P. (“Parthenon Capital”), a growth-oriented private equity firm that partners with management teams to develop a...

ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of bill payment solutions, today announced that its Board of Directors (the “Board”) unanimously rejected the revised unsolicited, non‑binding proposal from Forager Capital Management, LLC (“Forager Capital”), a stockholder of the Company, to acquire the outstanding shares of the Company for $5.25 per share in cash. The Board, consistent with its fiduciary duties and in consultatio...

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EST on Friday, July 24, 2026, to report its earnings results for the three months ending June 30, 2026. The webcast will be conducted by Sam Sidhu, President & CEO of Customers Bancorp, and Mark McCollom, Chief Financial Officer of Customers Bancorp. Register online for the webcast. The live audio webcast, presentation sli...

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP, as Lead Counsel for investors in the SafeMoon securities class action, announced a proposed $12 million settlement resolving claims against Debtor Defendant SafeMoon US, LLC. The settlement follows mediation before Chief Magistrate Judge Dustin B. Pead of the District of Utah, capping litigation that began in February 2022. That litigation included related criminal charges against former SafeMoon CEO Braden John Karony, who was convict...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the appointment of Robin Rossmann as Chief Financial Officer, effective July 31, 2026, succeeding Christian Lown, who is stepping down to pursue an opportunity outside the Company's industry. Rossmann will report to Andy Florance, Founder and Chief Executive Officer of CoStar Group. Rossmann will lead CoSta...