Securities law
Benefitfocus, Inc. has responded to a complaint filed by its President and Chief Executive Officer, Matthew Levin's, former employer, ADP, Inc. The dispute revolves around restrictive covenant agreements Mr. Levin had previously entered into with ADP. On May 25, 2021, the United States District Court for the District
United States. Securities and Exchange Commission
Alliant Energy Corporation, a Wisconsin-based energy company, filed a Form 8-K with the Securities and Exchange Commission (SEC) on May 25, 2021, disclosing the results of its annual shareowner meeting held on May 20, 2021. The meeting saw the election of three directors, approval of the company's compensation
Securities law
Alliant Energy Corporation and its subsidiary, Interstate Power and Light Company, filed a combined Form 8-K with the Securities and Exchange Commission (SEC) on May 25, 2021. The filing reports the results of the annual meeting of shareowners for Alliant Energy Corporation, which took place on May 20, 2021. The
United States. Securities and Exchange Commission
Southwestern Public Service Company (SPS), a subsidiary of Xcel Energy, has filed an electric rate case with the New Mexico Public Regulation Commission (NMPRC) seeking a base rate increase of approximately $88 million. This proposed increase is expected to result in a net rate increase of around $48 million, or
Securities law
Xcel Energy Inc. has filed a Form 8-K with the Securities and Exchange Commission on May 21, 2021, disclosing its wholly-owned subsidiary, Southwestern Public Service Company (SPS), has filed an electric rate case with the New Mexico Public Regulation Commission (NMPRC) seeking a rate increase of approximately $88 million. This
United States. Securities and Exchange Commission
On May 17, 2021, Oncor Electric Delivery Company LLC filed a Form 8-K with the United States Securities and Exchange Commission, reporting on its financial obligations and credit arrangement. The filing disclosed the creation of a direct financial obligation through the Term Loan Credit Agreement with Wells Fargo Bank, National
Securities law
At its virtual Annual Meeting of Shareholders on May 12, 2021, United Bankshares, Inc. reported on the election results for three key matters outlined in the Company's proxy statement. Shareholders elected 13 directors to serve for a one-year term, ratified the selection of Ernst & Young LLP as
United States. Securities and Exchange Commission
Marvell Technology, Inc. announced the completion of exchange transactions with noteholders of Inphi Corporation, a wholly owned subsidiary of the company. The exchange, which was conducted on April 29, 2021, saw the delivery of 7,115,085 newly issued shares of Marvell's common stock to a limited number
United States. Securities and Exchange Commission
Cytokinetics, Incorporated has filed a FORM 8-K (Current Report) with the Securities and Exchange Commission regarding the termination of its License and Collaboration Agreement with Astellas Pharma Inc., effective November 1, 2021. The agreement, which was signed on April 23, 2020, granted Astellas exclusive rights to co-develop and commercialize skeletal
United States. Securities and Exchange Commission
Advanced Micro Devices, Inc. has completed its merger with Xilinx, Inc., a leader in programmable logic devices. The merger was previously announced on October 26, 2020, and was subject to regulatory approvals and other closing conditions. The completion of the merger is a significant milestone for AMD, as it expands
United States. Securities and Exchange Commission
Cytokinetics, a late-stage biopharmaceutical company, announced that the U.S. Food and Drug Administration has granted orphan drug designation to CK-274, a next-generation cardiac myosin inhibitor, for the treatment of symptomatic hypertrophic cardiomyopathy (HCM). This designation provides Cytokinetics with benefits such as a seven-year period of U.S. marketing exclusivity
United States. Securities and Exchange Commission
Lisa Krueger, 56, has been appointed as the President and Chief Executive Officer of DPL Inc., a subsidiary of The AES Corporation, and its principal subsidiary, The Dayton Power and Light Company. Krueger has been serving as President of the AES U.S. strategic business unit since September 2018 and
