DAT: Truckload volumes, rates slipped in April amid freight-market uncertainty

DAT: Truckload volumes, rates slipped in April amid freight-market uncertainty

BEAVERTON, Ore.–(BUSINESS WIRE)–
Spot truckload freight volumes declined in April, a sign that tariff-related stockpiling, a slowdown in manufacturing, and general seasonality contributed to reduced demand for trucking services, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.

The DAT Truckload Volume Index (TVI) declined slightly for van and reefer freight:

  • Van TVI: 287, down 0.3% month over month
  • Refrigerated (“reefer”) TVI: 222, down 3.1%
  • Flatbed TVI: 332, up 2.5%

Year-over-year comparisons were positive, with the Van TVI up 1%, Reefer TVI up 4%, and Flatbed TVI up 5% compared to April 2024.

“The market feels frozen,” said Ken Adamo, Chief of Analytics at DAT Freight & Analytics. “April brought the usual seasonal opportunities in produce and construction materials. But broader economic factors—including uncertainty over tariffs and the pull-forward of inventory this year—put a damper on growth in overall freight volumes, especially compared to previous years.”

There was little movement in national average spot van and reefer truckload rates, which is typical between March and April. The flatbed rate increased for the fifth straight month.

  • Van: $1.96 per mile, down 3 cents from March
  • Reefer: $2.27 per mile, unchanged
  • Flatbed: $2.57 per mile, up 4 cents

The van linehaul rate averaged $1.57 per mile, down 3 cents month over month; the reefer rate was unchanged at $1.85; and the flatbed rate was $2.11, up 5 cents. Linehaul rates exclude an average fuel surcharge amount, which was 39 cents, 42 cents, and 46 cents for vans, reefers, and flatbeds, respectively.

Contract truckload rates edged higher compared to March but lagged behind April 2024 averages:

  • Contract Van: $2.40 per mile, unchanged month over month and 6 cents lower year over year
  • Contract Reefer: $2.74 per mile, up 2 cents and 8 cents lower year over year
  • Contract Flatbed: $3.08 per mile, up 4 cents and 5 cents lower year over year

The spread between contract and spot rates increased for the fourth straight month, at 44 cents for vans, 47 cents for reefers, and 51 cents for flatbeds. When spot rates fall relative to contract pricing, it can signal a soft or oversupplied market where carriers have to accept lower rates to keep moving.

“Carriers were hoping April rates would be a springboard into a stronger Q2,” Adamo said. “Instead, the optimistic case is that they’ve reached a pricing floor heading into the traditional summer peak shipping season in May and June. How ‘traditional’ the season looks has yet to be determined.”

About the DAT Truckload Volume Index

The DAT Truckload Volume Index reflects the change in the number of loads with a pickup date during that month. A baseline of 100 equals the number of loads moved in January 2015, as recorded in DAT RateView, a database tracking rates paid on an average of 3 million loads per month.

DAT benchmark spot rates are derived from invoice data for hauls of 250 miles or more with a pickup date during the month reported. Linehaul rates exclude an amount equal to an average fuel surcharge.

About DAT Freight & Analytics

DAT Freight & Analytics operates DAT One, North America’s largest truckload freight marketplace; DAT iQ, the industry’s leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions.

Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Ore., DAT continues to set the standard for innovation in the trucking and logistics industry. Visit dat.com for more information.

DAT Contact

Georgia Jablon

[email protected] / [email protected]

KEYWORDS: United States North America Oregon

INDUSTRY KEYWORDS: Professional Services Trucking Data Analytics Technology Logistics/Supply Chain Management Transport Software

MEDIA:

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California Mille Returns to Northern California with Exclusive Tour of Golden State’s Most Scenic Roads

PR Newswire


TRAVERSE CITY, Mich.
, May 9, 2025 /PRNewswire/ — The California Mille, a 1,000-mile driving adventure through Northern California’s best driving roads, celebrated its 34th running April 27th to May 1st. Entrants drove cars from the era of Italy’s original Mille Miglia road race, 1927-1957, while enjoying incredible scenic vistas, fantastic cuisine, local history and car-loving camaraderie. This year’s featured class was Ferrari 250 with participating cars including the 250 GT LWB ‘Tour de France‘, 250 GT Boano and 250 PF Cabriolet Special.

Chopard returned to the California Mille as “Official Timekeeper” in 2025. Chopard timepieces have long been an important part of motorsport, keeping track of lap times and keeping pace during time trial events like the original Mille Miglia.

This year’s California Mille featured 80 cars and made its way through Northern California. The first day of the tour kicked off at The Ritz-Carlton, Half Moon Bay before heading north through the Bay Area and on to Napa Valley wine country. Drivers enjoyed some of the best roads around the Santa Rosa region and along the coast before inland drives along Lake Berryessa and Clear Lake. The 5-day driving tour included 5-star luxury accommodations, exclusive collection tours and fine dining each evening.

This year, the California Mille helped raise more than $85,000 for non-profit organizations including the California Firefighters Benevolent Fund and CHP 11-99 foundation. Included in the giving were the proceeds of thrilling live charity auction of an exclusive painting commissioned from artist Brian Kesling, featuring the 2025 featured marque, the Ferrari 250.

For more details, visit CaliforniaMille.com and its Instagram feed or click here for more photos.

About Chopard
Since its founding in 1860, Chopard has perpetuated a heritage of artisanal skills and traditional crafts by shaping contemporary creations synonymous with ethics and emotions. Guided by a resolutely positive vision of life, the Maison celebrates the precious moments of accomplished men and women around the world for whom watches and jewellery are a perpetual extension of their own Joie de Vivre.

In line with its vision, Chopard acts through the prism of three central elements: Craftsmanship, ensured by the work of passionate Artisans who are experts in their respective fields; abundant and generous Creativity, that enables each and every individual to find the precious objects most attuned to their own nature; and finally, Ethics. Strongly involved in the strategic choices of the Maison, the Scheufele family believes that grand contemporary luxury must necessarily be ethical and responsible. It was for this reason that in 2013 Caroline and Karl-Friedrich Scheufele, co-presidents, launched the Journey to Sustainable Luxury. Today, Chopard thus uses 100% ethical gold for the production of its gold watches and jewellery, as well as manufacturing its own Lucent Steel™ – with a recycling rate of at least 80% – for its steel timepieces.

Today, the family Maison employs more than 2,000 people worldwide. It is independent and highly vertically integrated, controlling the entire process from design to distribution through 14 subsidiaries, 1,000 points of sale and more than 155 dedicated boutiques.

Over 50 different crafts are practised in three manufacturing sites with a strong emphasis on in-house training and transmission. Chopard’s expertise in Fine Watchmaking is acknowledged in the L.U.C collection, a line of exceptional timepieces crafted for contemporary gentlemen. The company is highly recognized for Haute Joaillerie creations such as its Red Carpet Collection, Green Carpet Collection and the exceptional Garden of Kalahari Collection. Chopard has also built its reputation on iconic collections of watch and jewellery like Happy Diamonds, Happy Sport, Mille Miglia and Alpine Eagle.

Nurtured by the emotions of the Scheufele family members who have led, and continue to lead Chopard, the Maison has been a faithful partner to the Cannes Film Festival since 1998 as well as the 1000 Miglia car race in Italy since 1988.

About Hagerty (NYSE: HGTY)

Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram, X and LinkedIn.

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SOURCE Hagerty

Comerica Bank and Detroit Tigers Step Up to the Plate for Metro Detroit’s Small Businesses

PR Newswire


DETROIT
, May 9, 2025 /PRNewswire/ — Beginning Sunday, May 11, Comerica Bank and the Detroit Tigers will launch their 2025 Small Business of the Month program that recognizes metro Detroit small businesses and provides valuable resources to promote services and brands to a wider audience.

The Tigers Comerica Bank 2025 Small Business of the Month launches just after the conclusion of National Small Business Week (May 4-10) and will feature Rent A Bounce as its first honoree.

The Small Business of the Month receives in-game exposure on Comerica Park’s LED ribbon boards and scoreboard, in addition to promotion on both Comerica and Tigers social media channels. Each small business participating receives suite access during the game to entertain clients, prospects or employees.

“We value small businesses and the extensive impact they have on our local economies,” said Meghan Storey, Comerica Bank Senior Vice President and Michigan Director of Small Business Banking. “As we celebrate their successes and contributions to our communities, we want to further assist in their growth and reach by delivering valuable assets through our Small Business of the Month program with the Tigers at Comerica Park and on social platforms.”

Rent A Bounce, based in Sylvan Lake, is a premier party rental company specializing in inflatables, tables, chairs, and tents for events big or small. The service area for Rent A Bounce reaches throughout Oakland county and areas in Wayne and Macomb counties. For more information, visit www.rentabounce.com.

Additional Comerica Bank Small Business of the Month honorees include:

Comerica’s commitment to small business is enhanced through its partnerships with Detroit pro sports teams and allows small business customers to leverage valuable and unique resources to gain exposure, build their brand and reach larger audiences. In addition to the Small Business of the Month program with the Tigers at Comerica Bark that first began in 2021, the bank has also partnered with the Detroit Lions on the Comerica Bank Small Business of the Game since 2017 and with the Detroit Pistons via the SHOP313 PopUp Shops presented by Comerica Bank, which recently completed its second season.

Including those featured in upcoming Detroit Lions season, over 40 small businesses will be showcased through Comerica’s partnerships with the Tigers, Lions and Pistons during 2025.

Furthermore, Comerica SmallBizCo-op® offers free radio advertising to Michigan small business customers during Detroit Tigers broadcasts.

On May 4, Comerica Bank announced it was taking a big swing during National Small Business Week (May 4-10) to support small business incubation by contributing $250,000 to community organizations located in five markets focused on entrepreneurial development, growth, education and empowerment. The five nonprofit organizations, each receiving a $50,000 contribution from Comerica Bank, include: Impact Ventures (Dallas, Texas), Pacific Asian Consortium in Employment (Los Angeles, California), TechTown Detroit (Detroit, Michigan), Women’s Business Enterprise Alliance (Houston, Texas), and Working Solutions CDFI (San Francisco, California).

Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back 175 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and has more than 4,300 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit’s downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Follow on Facebook: www.facebook.com/Comerica, X: @ComericaBank and Instagram: @comerica_bank.

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SOURCE Comerica Bank

Synaptics Announces Fiscal Fourth Quarter 2025 Investor Conference Participation

SAN JOSE, Calif., May 09, 2025 (GLOBE NEWSWIRE) — Synaptics® Incorporated (Nasdaq: SYNA) today announced its participation in the following investor conferences in the fiscal fourth quarter of 2025:

  • Ken Rizvi, Interim CEO and Chief Financial Officer, will present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on Tuesday, May 13, 2024, at 6:30 AM PT. To view the webcast or access a replay, please visit Webcast – 53rd Annual Global Technology, Media, and Communications Conference
  • Ken Rizvi, Interim CEO and Chief Financial Officer, will participate in TD Cowen’s 53rd Annual Technology, Media & Telecom Conference on Wednesday, May 28, 2025
  • Ken Rizvi, Interim CEO and Chief Financial Officer, will participate in Mizuho Technology Conference 2025 on Tuesday, June 10, 2025

About Synaptics Incorporated:

Synaptics (Nasdaq: SYNA) is leading the charge in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for the world’s most forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. 

Follow Synaptics on LinkedIn, X, and Facebook, or visit www.synaptics.com

For further information, please contact:

Munjal Shah
Synaptics
+1-408-518-7639
[email protected]



Harley-Davidson Comments on H Partners’ Latest Missive

PR Newswire

Urges Shareholders to Vote “FOR ALL” Director Nominees Using the WHITE Proxy Card TODAY


MILWAUKEE
, May 9, 2025 /PRNewswire/ — Harley-Davidson, Inc. (the “Company” or “Harley-Davidson”) (NYSE: HOG) today issued the following statement addressing H Partners’ accusations of improper conduct:

“Regrettably, H Partners has been pursuing a misleading and disruptive campaign for weeks. As our 2025 Annual Meeting of Shareholders approaches, H Partners has resorted to a desperate, last-ditch attempt to sway shareholders. The Harley-Davidson Board is operating with the utmost integrity and in accordance with concepts of responsible corporate governance – concepts that H Partners clearly does not understand.

Unlike H Partners and their self-serving antics, the Board is committed to one thing – acting in the best interests of all shareholders. The facts are as follows:

  • The Harley-Davidson Board of Directors has developed and is executing a thoughtful and deliberate CEO search process, as well as Board refreshment planning.
  • Each of the three Directors targeted by H Partners – Jochen Zeitz, Tom Linebarger and Sara Levinson – is critical to this CEO search process and the successful onboarding of the next leader of Harley-Davidson, which is why they are standing for re-election at this month’s Annual Meeting.

H Partners had their chance to be an integral part of this search process to help guide the selection of a new CEO – they gave that up. Before doing so, however, they consistently supported the very CEO, strategy and Directors they now find so objectionable. Mere months ago, they voted for the Company’s current Director nominees to stand for reelection, and their preferred CEO candidate was carefully considered on an accelerated basis by the Board.

H Partners’ latest missive is yet another unfortunate attempt to distract shareholders from these undeniable facts.”

Your Vote is Important

The Board of Directors strongly urges all Harley-Davidson shareholders to protect the value of their investment and preserve the future of Harley-Davidson by voting “FOR ALL” of the Company’s nominees on the WHITE proxy card TODAY.

To learn more, visit www.VoteHarleyDavidson.com.

If you have any questions or require any assistance with respect to voting your shares, please contact our proxy solicitor:

INNISFREE M&A INCORPORATED
Shareholders may call:
1 (877) 456-3507 (toll-free from the U.S. and Canada)
+1 (412) 232-3651 (from other countries)

Contacts

Media

FGS Global
Stephen Pettibone/Kelsey Markovich/Bryan Locke/Danielle Berg
[email protected] 

Investors

Shawn Collins

[email protected]

(414) 343-8002

About Harley-Davidson

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Our vision: Building our legend and leading our industry through innovation, evolution and emotion. Our mission: More than building machines, we stand for the timeless pursuit of adventure. Freedom for the soul. Our ambition is to maintain our place as the most desirable motorcycle brand in the world. Since 1903, Harley-Davidson has defined motorcycle culture by delivering a motorcycle lifestyle with distinctive and customizable motorcycles, experiences, motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get riders on the road. Harley-Davidson also has a controlling interest in LiveWire Group, Inc., the first publicly traded all-electric motorcycle company in the United States. LiveWire is the future in the making for the pursuit of urban adventure and beyond. Drawing on its DNA as an agile disruptor from the lineage of Harley-Davidson and capitalizing on a decade of learnings in the EV sector, LiveWire’s ambition is to be the most desirable electric motorcycle brand in the world. Learn more at harley-davidson.com and livewire.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release that do not relate to matters of historical or current fact should be considered forward-looking statements, including without limitation statements regarding expectations regarding future results of operations, financial position and performance of the Company including, without limitation, with respect to earnings capacity and shareholder value; potential impacts of macroeconomic conditions on the Company’s business and results of operations; the Hardwire strategic plan priorities and execution, including the results thereof; industry and business trends, and business strategy, initiatives and opportunities, including, without limitation, regarding impact, profitability and timing of new entry level products and potential investment in the HDFS Harley-Davidson Financial Services subsidiary/business; impacts of the H Partners Management, LLC (“H Partners”) campaign related to the Company’s 2025 annual meeting of shareholders (the “Annual Meeting”); and executive succession and board refreshment, including expected results thereof. These forward-looking statements are based on information available to the Company as of the time the statements are made as well as the Company’s current expectations, assumptions, estimates and projections and are subject to certain risks and uncertainties that are likely to cause actual results to differ materially, unfavorably or favorably, from those anticipated. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “anticipates,” “expects,” “plans,” “projects,” “may,” “will,” “estimates,” “targets,” “intends,” “forecasts,” “seeks,” “sees,” “should,” “feels,” “commits,” “assumes,” “envisions,” or, in each case, their negative or other variations or comparable terminology, or words of similar meaning. Certain of such risks and uncertainties are described below, and others are listed in Part I, Item 1A. Risk Factors and in Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission (the “SEC”) on February 26, 2025, in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2025 filed with the SEC on May 6, 2025, and other subsequent reports filed with the SEC, including, among others, subsequent quarterly reports on Form 10-Q. Shareholders, potential investors, and other readers should consider these factors in evaluating, and should not place undue reliance on, the forward-looking statements. Such forward-looking statements speak only as of the date they are first made in this press release and the Company disclaims any obligation to publicly update or revise any forward-looking statements after such time, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Factors that may impact such forward-looking statements include, but are not limited to, risks and uncertainties regarding the Company’s ability to execute its business plans and strategies, including without limitation the Hardwire strategic plan; manage supply chain and logistics issues; manage the impact, and predict potential further impacts, of new, reinstated or adjusted tariffs on the Company; accurately analyze, predict and react to changing market conditions, interest rates, and geopolitical environments, and successfully adjust to shifting global consumer needs and interests; maintain and enhance the value of the Harley-Davidson brand; manage through changes in general economic and business conditions; develop and successfully introduce products, services and experiences; realize the expected business benefits from LiveWire operating as a separate business of the Company; and retain and attract talented employees and leadership; uncertainties regarding actions that have been taken and may in the future be taken by H Partners in furtherance of its campaign relating to the Company’s Annual Meeting of shareholders and potential costs and management distraction attendant thereto; and uncertainties regarding a potential third party investment in HDFS Harley-Davidson Financial Services.

Additional Information Regarding the 2025 Annual Meeting of Shareholders and Where to Find It

Harley-Davidson has filed its definitive proxy statement, containing a form of WHITE proxy card, and a proxy statement supplement, with the SEC with respect to its solicitation of proxies for the Annual Meeting.

INVESTORS AND SHAREHOLDERS ARE STRONGLY URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT (AS SUPPLEMENTED AND INCLUDING ANY OTHER AMENDMENTS OR SUPPLEMENTS THERETO) AND ACCOMPANYING PROXY CARD FILED BY HARLEY-DAVIDSON AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION.

Investors and shareholders may obtain copies of these documents and other documents filed with the SEC by Harley-Davidson free of charge through the website maintained by the SEC at www.sec.gov. Copies of the documents filed by Harley-Davidson are also available free of charge by accessing Harley-Davidson’s website at https://investor.harley-davidson.com.

### (HOG-OTHER)

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SOURCE Harley-Davidson

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: TaskUs, Inc. (Nasdaq – TASK), Mr. Cooper Group Inc. (Nasdaq – COOP), ProAssurance Corporation (NYSE – PRA), Lumina Gold Corp. (OTC – LMGDF)

BALA CYNWYD, Pa., May 09, 2025 (GLOBE NEWSWIRE) — Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.

TaskUs, Inc. (Nasdaq – TASK)

Under the terms of the agreement, TaskUs will be acquired by an affiliate of Blackstone, TaskUs Co-Founder and Chief Executive Officer Bryce Maddock and TaskUs Co-Founder and President Jaspar Weir (collectively the “Buyer Group”) for $16.50 per share in cash. The investigation concerns whether the TaskUs Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders. For example, the deal consideration is below the 52-week high of $19.60 for the Company’s shares.

Additional information can be found at https://www.brodskysmith.com/cases/taskus-inc-nasdaq-task/.

Mr. Cooper Group Inc. (Nasdaq – COOP)

Under the terms of the Merger Agreement, Mr. Cooper will be acquired by Rocket Companies in an all-stock transaction for $9.4 billion in equity value. Mr. Cooper shareholders will receive a fixed exchange ratio of 11.0 Rocket shares for each share of Mr. Cooper common stock, representing $143.33 per share value based on the closing price as of March 28, 2025. (NYSE – RKT) The investigation concerns whether the Mr. Cooper Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/mr-cooper-group-inc-nasdaq-coop/.

ProAssurance Corporation (NYSE – PRA)

Under the terms of the Merger Agreement, PRA will be acquired by The Doctors Company for $25.00 per share in cash at closing. The investigation concerns whether the PRA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.

Additional information can be found at https://www.brodskysmith.com/cases/proassurance-corporation-nyse-pra/

Lumina Gold Corp. (OTC – LMGDF)

Under the terms of the agreement, Lumina will be acquired by CMOC Singapore Pte. Ltd., a Singapore entity and a subsidiary of CMOC Group Limited (collectively “CMOC”) for $1.27 for each outstanding share of Lumina. The investigation concerns whether the Lumina Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.

Additional information can be found at https://www.brodskysmith.com/cases/lumina-gold-corp-otc-lmgdf/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.



Everus Construction Group, Inc. (ECG) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire


LOS ANGELES
, May 9, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with losses related to Everus Construction Group, Inc. (“Everus” or the “Company”) (NYSE: ECG) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN EVERUS CONSTRUCTION GROUP, INC. (ECG), CLICK HERE BEFORE JUNE 3, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

What Is The Lawsuit About?
The complaint filed alleges that, between October 31, 2024 and February 11, 2025, Defendants failed to disclose to investors that: (1) the Company’s backlog conversion cycle had become elongated due to larger, more complex projects; (2) as a result, the Company’s revenue recognition would be delayed; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Visit our website at: www.frankcruzlaw.com

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles

Mercury Insurance Shares How to Prepare for an Evacuation During Wildfire Season

PR Newswire


Tips to Help Families Stay Safe and Ready During Wildfire Awareness Month


LOS ANGELES
, May 9, 2025 /PRNewswire/ — In recognition of Wildfire Awareness Month, Mercury Insurance is sharing timely, practical guidance to help families prepare for potential evacuations. From building a go-bag to making a communication plan, these simple steps can help you act swiftly and decisively in the face of danger. 

“Preparing for a wildfire evacuation involves several critical actions, and starting early is one of the best ways homeowners can protect their families and communities,” said Kelly Butler, Vice President and Chief Underwriting Officer at Mercury Insurance. “Simple steps taken now can make all the difference later.” 

Mercury Insurance, long committed to protecting homeowners in wildfire-prone areas, recommends these essential tips to help families stay ready:

Create a Go-Bag for Every Household Member

Pack essentials like IDs, medications, toiletries, spare keys, a phone charger, important documents, cash, water, snacks and clothing. Be sure to include necessities for children, pets and elderly family members.

Prepare Your Vehicle in Advance
Keep your gas tank at least half full throughout the wildfire season. Store a physical map, emergency contact list, a flashlight/lantern, and a backup power source for your phone in your vehicle.

Document Your Property

Take photos or videos of each room in your home — including valuables, electronics and appliances. Store these files securely online to assist with future insurance claims.

Make a Communication Plan
Establish evacuation routes and a meeting spot if family members get separated. Share the plan with neighbors or extended family and choose an out-of-area contact with whom everyone can check in.

Sign Up for Emergency Alerts
Enroll in local emergency notification systems — like Watch Duty or Citizen — that provide real-time evacuation updates. Many counties offer text-based or app notifications.

Prep Your Home Before You Leave
Close all windows and doors, shut off gas and propane, and remove flammable items from around the yard. If time allows, leave garden hoses connected and ladders out for firefighters to access the roof. Leave indoor and outdoor lights on to help visibility through smoke.

“Wildfires can move fast, so preparedness needs to be second nature for families in vulnerable areas,” added Butler. “These small steps not only protect your safety — they can also give first responders a better chance to defend your home.”

Peace of Mind Starts With a Plan

Mercury Insurance provides expert tools and guidance to help residents prepare before emergencies hit. Through digital resources and trusted local agents, Mercury is here to help families stay ready.

For more information and additional preparedness tips, visit the Mercury Insurance Catastrophe Center.

About Mercury Insurance

Headquartered in Los Angeles, Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier offering personal auto, homeowners, and renters insurance directly to consumers and through a network of independent agents in Arizona, California, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury also writes business owners, business auto, landlord, commercial multi-peril and mechanical protection insurance in various states.

Since 1962, Mercury has provided customers with tremendous value by pairing ultra-competitive rates with excellent customer service, through nearly 4,100 employees and more than 6,500 independent agents. Mercury has earned “A” ratings from A.M. Best and Fitch, along with “Best Auto Insurance Company” honors from Forbes and Insure.com. Learn more at www.MercuryInsurance.com or follow the company on Twitter or Facebook.

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SOURCE Mercury Insurance

Open Lending Corporation (LPRO) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire


LOS ANGELES
, May 9, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with losses related to Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN OPEN LENDING CORPORATION (LPRO), CLICK HERE BEFORE JUNE 30, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

What Is The Lawsuit About?
The complaint filed alleges that, between February 24, 2022 and March 31, 2025, Defendants: (1) misrepresented the capabilities of the Company’s risk-based pricing models; (2) issued materially misleading statements regarding the Company’s profit share revenue; (3) failed to disclose the Company’s 2021 and 2022 vintage loans had become worth significantly less than their corresponding outstanding loan balances; (4) misrepresented the underperformance of the Company’s 2023 and 2024 vintage loans; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.  

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz,
Telephone: 310-914-5007
Email: [email protected]
Visit our website at: www.frankcruzlaw.com

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles

NET Power Inc. (NPWR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire


LOS ANGELES
, May 9, 2025 /PRNewswire/ — Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against NET Power Inc. (“Net Power” or the “Company”) (NYSE: NPWR).

IF YOU SUFFERED A LOSS ON YOUR NET POWER INVESTMENTS, CLICK HERE
BEFORE JUNE 17, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT

What Is The Lawsuit About?

The complaint filed alleges that, between June 9, 2023 and March 7, 2025, Defendants failed to disclose to investors that: (1) Net Power was unlikely to complete Project Permian on schedule, and the project was likely to be significantly more expensive than Defendants had represented, because of, inter alia, supply chain issues and numerous site- and region-specific challenges; (2) accordingly, Defendants’ projections regarding the time and capital needed to complete Project Permian were unrealistic; (3) the increased time and capital needed to complete Project Permian were likely to have a significant negative impact on the Company’s business and financial results; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.

Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased. 

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:

Glancy Prongay
& Murray LLP
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

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SOURCE Glancy Prongay & Murray LLP