Statement News

EDMONTON, Alberta--(BUSINESS WIRE)--The Alberta government has returned, again, to the failed approach of private-public partnership (P3) for the building and maintenance of schools in Alberta. The Government of Alberta announced in mid-July that seven elementary and junior high schools in Edmonton, Calgary, and Chestermere would be built using the controversial model. Typically, a P3 model means the government contracts out the design, building, financing and maintenance of the building. While...

NEW YORK--(BUSINESS WIRE)--KBRA welcomes the International Association of Insurance Supervisors’ (IAIS) publication of a technical note clarifying the recognition of credit rating agencies (CRAs) under the Insurance Capital Standard (ICS). The technical note confirms that the IAIS does not approve or monitor CRA mappings under the ICS on an ongoing basis. Instead, the recognition of additional CRAs is determined by individual jurisdictions in accordance with their own regulatory frameworks. The...

GREENWICH, Conn.--(BUSINESS WIRE)--Deccan Value Investors LP (“Deccan” or “the Firm”) today categorically rejects findings set out in the U.S. Securities and Exchange Commission’s August 3, 2022 settled order (the “Order”) suggesting that it acted negligently in handling redemptions requested by two clients in breach of fiduciary duty. Deccan believed then, and maintains today, that it acted lawfully, in good faith, and consistent with its fiduciary obligations to all its investors in connectio...

PALOS PARK, Ill.--(BUSINESS WIRE)--Heart Care Centers of Illinois (“HCCI”), located at 13011 S. 104th Avenue, Suite 100, Palos Park, IL 60464, is issuing this notice about a data security incident that may have resulted in unauthorized access to certain personal and protected health information of its employees and patients. Please know that HCCI moved swiftly to investigate and remediate the incident. Information about the incident, HCCI’s response, and the steps you may take to help protect y...

HOUSTON--(BUSINESS WIRE)--Bradley L. Radoff and Michael Torok (together with certain of their affiliates, the “Radoff-JEC Group” or “we”), who collectively own approximately 7.7% of Seer, Inc.’s (NASDAQ: SEER) (“Seer” or the “Company”) outstanding common stock, today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that the Company’s stockholders vote on the WHITE proxy card FOR the election of Howard H. Berman, Ph.D. and Lui...

DALLAS--(BUSINESS WIRE)--Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar,” the “Company,” or “we”) today issued the following statement regarding a recent court filing by Al Shams Investments Limited (“Al Shams”): Mr. Wafic Said, Principal of Al Shams, has, for more than two years now, aggressively attempted to advance his self-interested agenda at Braemar. Braemar, in turn, has been forced to expend significant time and capital to defend itself. Mr. Said’s checkered past, his hospitali...

WASHINGTON--(BUSINESS WIRE)--The ESOP Association strongly supports Keith Sonderling's nomination for U.S. Secretary of Labor and urges a swift Senate confirmation....

NEW YORK--(BUSINESS WIRE)--TOMS Capital Investment Management (“TCIM”), one of the largest shareholders of Voya Financial, Inc. (NYSE: VOYA) (“Voya” or the “Company”), today issued the following statement in response to media reports of recent takeover interest in the Company: “As we have said from the outset, Voya is an exceptional franchise with talented and dedicated employees. Today's media reports further reinforce our long-held view that Voya's Board of Directors must fulfill its fiduciar...

NATIONAL HARBOR, Md.--(BUSINESS WIRE)--The Cyber AB, the official accreditation body for the Department of War’s Cybersecurity Maturity Model Certification (CMMC) program, acknowledges Monday’s Pentagon announcement of its suspension of CMMC Phase II requirements and the establishment of a CMMC Reform Task Force to conduct a 60-day review of the program. “While we are both surprised and disappointed in yet another momentary pause to this original and vital Trump Administration program, we are c...

SARASOTA, Fla.--(BUSINESS WIRE)--Batterymarch Financial Management Founder Dean LeBaron has died at age 92. At its 1980s peak, Batterymarch managed 2.5 percent of all U.S. stocks....