Fee

Fees for Title Insurance and Settlement Services Less Than 1 Percent of Borrower’s Total Life-of-Loan Costs: New Study From First American Chief Economist

Retrieved on: 
Thursday, December 14, 2023
Finance, Professional Services, Residential Building & Real Estate, Construction & Property, Insurance, American Financial Group, First, FAF, Research, NYSE, Fee, Meta-regression, Economy, Life, First American Corporation, First American, Real estate

Title and settlement fees are less than 1 percent of the borrower’s total life-of-loan costs.

Key Points: 
  • Title and settlement fees are less than 1 percent of the borrower’s total life-of-loan costs.
  • “With affordability at historic lows and the prospect of homeownership seemingly out of reach for low- and moderate-income families, it’s critical to evaluate the borrower’s total life-of-loan costs,” said Mark Fleming, chief economist at First American and author of the study.
  • Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose.
  • © 2023 by First American.

Robbins Geller Rudman & Dowd LLP Announces a Notice of Class Action and Proposed Settlement in the LifeStance Health Group, Inc. Securities Settlement

Retrieved on: 
Wednesday, November 22, 2023
Allocation, Prejudice, William Blair & Company, J.P. Morgan & Co., Pearl Street, Goldman Sachs, Jefferies Group, UBS, COMMON, Fee, L.L.C, District court, Life, CLASS, Settlement, Counsel, Claim, Episcopal conference, Hearing, HEALTH, TPG Inc., Court, ALL

(the "Underwriter Defendants" and, together with the LifeStance Defendants, "Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $50,000,000 (the "Settlement").

Key Points: 
  • (the "Underwriter Defendants" and, together with the LifeStance Defendants, "Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $50,000,000 (the "Settlement").
  • Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing, will be posted to the Settlement website, www.LifeStanceSecuritiesSettlement.com .
  • You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.
  • IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT.

CenturyLink Announces Notice of Pendency and Proposed Settlement of 2018 Derivative Actions, and Settlement Hearing

Retrieved on: 
Wednesday, November 8, 2023
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MONROE, La., Nov. 08, 2023 (GLOBE NEWSWIRE) -- CenturyLink has released the following notice:

Key Points: 
  • MONROE, La., Nov. 08, 2023 (GLOBE NEWSWIRE) -- CenturyLink has released the following notice:
    SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF DERIVATIVE ACTIONS, AND SETTLEMENT HEARING
    PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.
  • YOU ARE ALSO NOTIFIED that, as provided in a Stipulation and Agreement of Settlement, dated as of June 21, 2023 (the “Stipulation”), Settling Shareholders and Defendants have reached a proposed settlement (the “Settlement”) of the Federal Derivative Actions, State Derivative Actions, and Choi Demand, subject to Federal Court approval.
  • The hearing shall be held via Video Conference (no courtroom), on January 16, 2024 at 11:00 a.m. (the “Settlement Hearing”).
  • Please Note: Because the Federal Derivative Actions were brought as derivative actions, which means that they were brought on behalf of and for the benefit of CenturyLink, the benefits from the Settlement will go to CenturyLink.

Parsons Reports Strong Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
STEM, Science, Critical infrastructure, Intelligence, Small business, Engineering, Intelligence community, Water, Construction management, Engineer, EBITDA, Corps, United States Department of Defense, Veteran, Acquisition, United States Intelligence Community, Missile Defense Agency, Infrastructure Investment and Jobs Act, United States Army Corps of Engineers, Dynamic Sealing Technologies, Inc., Data management, Artificial intelligence, Professional services, Southern Nevada Water Authority, Transport, Machine learning, LINE, Woman, Parsons, Disability, Defense, Kingdom, Fee, Engineering News-Record, Bookkeeping, Arms industry, Nursing, INDOPACOM, Maintenance, United States Army

CHANTILLY, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Third quarter 2023 adjusted EBITDA including noncontrolling interests increased by $21 million, or 51%, compared to the prior year period.
  • Cash flow from operating activities: Third quarter 2023: $204 million compared to $123 million in the third quarter of 2022.
  • During the third quarter of 2023, the company won four single-award contracts worth more than $100 million each.
  • Parsons continues to build on its strong track record of acquiring strategic companies in high-growth markets that broaden its portfolio and customer footprint.

Bernstein Litowitz Berger & Grossman LLP and Friedman Oster & Tejtel PLLC Announce Notice of Pendency and Proposed Settlement of Stockholder Class and Derivative Action Involving Holders of R1 RCM Inc. Common Stock from August 18, 2020, Through the Close

Retrieved on: 
Friday, October 27, 2023
Court, Restatements of the Law, TowerBrook Capital Partners, ARE, Episcopal conference, Telephone, PO, Justice Center, Net, Fund for Protection of Investors' Rights in Foreign States, Agreement, Compromise, Counsel, Leading Counsel, Stoneridge Investment Partners v. Scientific-Atlanta, Inc., Person, Release, Notice, Hearing, Defendant, Judgement, Prejudice, DE, Firefighter, Settlement, Action, Class, CloudMe, Fee, Effective date, Insurance, Generic drug, R1, Plaintiff, Allocation

Certain persons and entities are excluded from the Settlement Class by definition, as set forth in the full Notice of Pendency and Proposed Settlement of Stockholder Class and Derivative Action, Settlement Hearing, and Right to Appear (the "Notice"), available at www.R1StockholdersLitigation.com .

Key Points: 
  • Certain persons and entities are excluded from the Settlement Class by definition, as set forth in the full Notice of Pendency and Proposed Settlement of Stockholder Class and Derivative Action, Settlement Hearing, and Right to Appear (the "Notice"), available at www.R1StockholdersLitigation.com .
  • your rights will be affected by a class and derivative action lawsuit pending in this court.
  • As explained in further detail in the Notice, Eligible Class Members do not have to submit a claim form to receive a payment from the Net Class Settlement Fund.
  • All questions about this Summary Notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Lead Counsel.

Market conditions strengthen LPs’ position in management fee negotiations — Preqin reports

Retrieved on: 
Wednesday, October 18, 2023
LP, Research, FOI, Consumer, GP, Like a Boss (film), LP record, Fee, VC, Cryptocurrency, Bank, Growth, Colmore, Preqin

Venture capital (VC) management fees are slightly lower year-on-year, declining from 2.02% in 2022 to 1.97% in 2023.

Key Points: 
  • Venture capital (VC) management fees are slightly lower year-on-year, declining from 2.02% in 2022 to 1.97% in 2023.
  • Additionally, Preqin gathered information on over 2,000 funds by filing freedom of information (FOI) requests with public sector investors.
  • According to the Preqin report, for the category of funds raising and 2022/23 vintages, the mean management fee is below 2% in every private asset class.
  • At the other end of the scale, the real estate mean management fee for the same category is 1.54%.

Cass Information Systems Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, October 19, 2023
Banking, Technology, Accounting, Professional Services, Digital Cash Management, Digital Assets, Payments, Other Communications, Transport, Business, Communications, Logistics, Supply Chain Management, Software, Retail, Data Management, Finance, Fintech, Sale, Treasury, Federal Reserve Bank of St. Louis, Federal Reserve Bank, Growth, Liquidity, Fee, Borrowing base, Current Expected Credit Losses, United States Department of the Treasury, Investment, Capital, Video game, Bank, Cryptocurrency, Arms industry, Life insurance, Cass

Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2023 earnings of $0.54 per diluted share, as compared to $0.64 in the third quarter of 2022 and $0.52 in the second quarter of 2023.

Key Points: 
  • Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2023 earnings of $0.54 per diluted share, as compared to $0.64 in the third quarter of 2022 and $0.52 in the second quarter of 2023.
  • The facilities clients are expected to be fully onboarded by the end of the first quarter of 2024.”
    Transportation Dollar Volumes – Transportation dollar volumes were $9.3 billion during the third quarter of 2023, a decrease of 19.8% as compared to the third quarter of 2022 and a decrease of 4.6% as compared to the second quarter of 2023.
  • Facility Expense Dollar Volumes – Facility dollar volumes totaled $5.1 billion during the third quarter of 2023, a decrease of 7.1% as compared to the third quarter of 2022 and an increase of 11.3% as compared to the second quarter of 2023.
  • Deposits – Average deposits decreased $112.3 million, or 9.5%, when compared to the third quarter of 2022 but increased $10.0 million, or 0.9% from the second quarter of 2023.

Scott+Scott Attorneys At Law LLP and Berger Montague PC Announce Notice of Pendency and Proposed Settlement For All Persons And Entities Who Purchased or Otherwise Acquired The Publicly Traded American Depositary Shares of Cloopen Group Holding Limited, D

Retrieved on: 
Monday, October 23, 2023
Supreme court, READ, IPO, NYSE, Prejudice, Person, Telephone, New York County Courthouse, Court, Release, RAAS, Notice, Centre Street, American depositary receipt, Claim, Summons, Settlement, Action, ARE, United States Senate Judiciary Subcommittee on Federal Courts, Oversight, Agency Action and Federal Rights, Plaintiff, Federation, Action for the Republic, Hearing, Clerk, CLASS, Counsel, Fee, Insurance, Allocation

(the "Federal Action"), have reached a proposed settlement of both Actions for $12,000,000 in cash on behalf of the Settlement Class, that, if approved, will resolve all claims in both Actions.

Key Points: 
  • (the "Federal Action"), have reached a proposed settlement of both Actions for $12,000,000 in cash on behalf of the Settlement Class, that, if approved, will resolve all claims in both Actions.
  • Please do not contact the Court, the Clerk's office, Cloopen, the other Defendants, or their counsel regarding this notice.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Class Counsel or the Claims Administrator.
  • Inquiries may be made to the Claims Administrator at www.CloopenSecuritiesLitigation.com , or to Settlement Class Counsel:

Stori, through Savvi Financieros, has launched Cuenta+, a 15% APY deposit account offering the highest rate in the entire Mexican market

Retrieved on: 
Wednesday, October 18, 2023
MEXICO, National Bank of Uzbekistan, Uganda Deposit Protection Fund, Government, Acquisition, Accessibility, Securities commission, APY, Growth, Partnership, Fee, Fund, Online shopping, Bank, Drug, Savers, Savvis

Cuenta+ offers a 15% annual savings yield, same-day and immediate access to your money, and security through the Government Deposit Protection Fund.

Key Points: 
  • Cuenta+ offers a 15% annual savings yield, same-day and immediate access to your money, and security through the Government Deposit Protection Fund.
  • Cuenta+ is a deposit product that will provide Mexicans with the opportunity to grow their money at the highest market rate: a 15% Annual Yield.
  • Stori, through Savvi Financieros, has launched Cuenta+ with a 15% APY.
  • The highest rate in the entire Mexican market.

Pledge Announces $100,000,000 Donations Raised for 50,000+ Nonprofits After Record Growth, Despite Economic Forecast

Retrieved on: 
Tuesday, October 17, 2023
Partnership, Evite, Organization, The Chainsmokers, CNN, Social responsibility, ACH, Birthday Party, Trust, Fee, Database, News, Optimism, Apple Pay, Woman, Organic, Cryptocurrency, Pharmaceutical industry, Pledge, Venmo

LOS ANGELES, Oct. 17, 2023 /PRNewswire/ -- Pledge, the award-winning charitable fundraising platform, backed by Maven Ventures, Zoom Ventures, Designer Fund, the Chainsmokers's Mantis Ventures, and prominent angels including Randi Zuckerberg and Bill Tai, today unveiled that is has reached the milestone of raising over $100,000,000 for more than 50,000 nonprofits and charities around the world. 

Key Points: 
  • Since the beginning of 2020, donations have grown 300% through Pledge's fundraising platform to over 10,000 microdonations daily.
  • Credit card fees on charitable donations are valued at an estimated $10B worldwide, which Pledge believes should be redirected toward solving the world's most pressing causes.
  • By absorbing these transaction costs, Pledge aims to maximize the impact of every dollar donated, ensuring that more resources reach the intended beneficiaries.
  • A minimum of 1% of all purchases from rhode are donated to the brand's charitable arm, the Rhode Futures Foundation , powered by Pledge.