Finance, Banking & Insurance

KfW Study: Germany Can Lift Potential Growth Above 1% Annually

Frankfurt am Main – September 11, 2026 -- Germany has a realistic chance of restoring potential economic growth to more than 1% annually over the coming decade, according to a new KfW Research study, up from a rate that has slipped to barely above zero after standing near 2% in 2015.

KfW ties growth recovery to labor, capital and productivity gains

The study, titled "Standort Zukunft. Wie Deutschland zu neuer Stärke und Wachstum findet," identifies productivity as the most critical lever for reversing more than a decade of stagnation. KfW CEO Stefan Wintels and Chief Economist Dirk Schumacher presented the findings alongside a twelve-point policy paper in Frankfurt.

Hang Feng H1 2026 Revenue Drops 73% as Firm Pivots to RWA, Wins New License

Hong Kong – September 11, 2026 -- Hang Feng Technology Innovation Co., Ltd., a Nasdaq-listed company headquartered in Hong Kong, reported a 73% year-on-year revenue decline for the six months ended September 11, 2026, as it redirects resources away from its legacy consulting business toward real-world asset (RWA) initiatives.

Revenue falls to $362,511 as consulting business contracts

Total revenue for the reporting period was $362,511, down from $1,327,707 in the first half of 2025. The company swung to a net loss of $553,033 and a comprehensive loss of $593,754, reversing prior-year net income of $363,524 and comprehensive income of $330,221. Management attributed the decline primarily to reduced business development and marketing activity in its corporate management consulting segment, a deliberate move tied to the reallocation of resources toward RWA development.

Capricor Therapeutics Faces Securities Fraud Suit Over Deramiocel BLA

Los Angeles – September 11, 2026 -- Schall, Brown & Schwartz LLP (SBS) has issued a reminder to shareholders of Capricor Therapeutics, Inc. (NASDAQ: CAPR) of a securities class action lawsuit alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The lead plaintiff deadline is set for September 11, 2026.

Lawsuit covers CAPR shares purchased between September 11, 2026 and September 11, 2026

The class action targets investors who purchased Capricor shares during this roughly seven-month window. Appointment as lead plaintiff is not a prerequisite for shareholders to participate in any eventual recovery.

Blaize Holdings Faces Securities Fraud Suit Over Revenue Claims

Los Angeles – September 11, 2026 -- Schall, Brown & Schwartz LLP has filed a class action lawsuit against Blaize Holdings, Inc. (NASDAQ: BZAI), alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The lawsuit covers investors who purchased BZAI shares between September 11, 2026 and September 11, 2026, with a lead plaintiff filing deadline set for September 11, 2026.

Complaint alleges Blaize recognized revenue from entities lacking meaningful business activity

According to the complaint, Blaize created an appearance of growth by announcing transactions with counterparties that were not capable of meaningful business operations. The company then improperly recognized revenue from these arrangements, rendering its public statements throughout the class period false and materially misleading, the filing states.

GPGI Faces Securities Fraud Suit Over Husky Acquisition Claims

Los Angeles – September 11, 2026 -- DJS Law Group has issued a reminder to investors of a securities class action lawsuit against GPGI, Inc., formerly known as CompoSecure, Inc. (NYSE: GPGI), with a lead plaintiff deadline set for September 11, 2026.

Lawsuit alleges GPGI misled investors over Husky Technologies deal

The complaint alleges GPGI violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, along with SEC Rule 10b-5, by making false and misleading statements to the market. According to the filing, GPGI's acquisition of Husky Technologies Limited was structured to benefit related parties and company insiders rather than shareholders.

Pentair Securities Fraud Suit Expands Class Period to March 2025

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Pentair Securities Fraud Suit Expands Class Period to March 2025

SAN FRANCISCO – September 11, 2026 -- Hagens Berman Sobol Shapiro LLP has expanded a securities fraud class action against Pentair plc (NYSE: PNR), extending the class period back to September 11, 2026, from the original start date of September 11, 2026. The lead plaintiff deadline is set for September 11, 2026, giving investors who purchased Pentair stock during the newly expanded window until that date to seek appointment as lead plaintiff.

Lawsuit alleges Pentair concealed severe Pool segment channel destocking

The amended complaint alleges Pentair and top executives made materially false and misleading statements about the company's financial health, channel inventory and internal controls beginning September 11, 2026. Plaintiffs claim Pentair failed to disclose undisclosed channel-loading practices with distributors designed to artificially inflate short-term financial metrics, particularly within its core Pool segment.

Wise Group Investors Face Sept. 29 Deadline in Securities Fraud Suit

Bensalem, Pa. – September 11, 2026 -- Investors who lost money on Wise Group plc (WSE) shares have until September 11, 2026 to seek lead plaintiff status in a securities fraud class action lawsuit, the Law Offices of Howard G. Smith announced.

Lawsuit alleges Wise understated anti-money laundering risks ahead of Nasdaq debut

The complaint covers the class period between September 11, 2026 and September 11, 2026. It alleges that Wise Group and its executives made materially false or misleading statements about the company's business, operations and prospects, and failed to disclose material adverse facts to investors.

Specifically, the suit claims that to secure a successful Nasdaq debut, defendants materially understated regulatory risks tied to deficient anti-money laundering controls and insufficient measures to prevent terrorism financing.

Papa John's Hit With Securities Class Action Over Turnaround Claims

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Papa John's Hit With Securities Class Action Over Turnaround Claims

New York – September 11, 2026 -- Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Papa John's International, Inc. (NASDAQ: PZZA) and certain company officers, alleging violations of federal securities laws.

Lawsuit covers investors who bought PZZA shares over a one-year window

The class period spans September 11, 2026 to September 11, 2026. The complaint targets all persons and entities that purchased or otherwise acquired Papa John's securities during that stretch.

WaFd, EverBank Agree to $3.9 Billion Reverse Merger, Renaming Bank EVBK

Jacksonville and Seattle – September 10, 2026 -- EverBank Financial Corp and WaFd, Inc. (NASDAQ: WAFD) have entered into a definitive merger agreement valuing the combination at $3.9 billion, creating a nationwide bank with more than 250 financial centers.

WaFd will absorb EverBank but adopt its name and new ticker EVBK

Under the deal structure, EverBank Financial Corp will merge into WaFd, Inc., with WaFd continuing as the surviving holding company. Despite being the legal survivor, WaFd will rename itself EverBank Financial Corp and begin trading on Nasdaq under the symbol EVBK once the transaction closes. EverBank has been designated the accounting acquirer, and its shareholders will receive WaFd common stock in exchange for their shares.

Lion Group to Execute 1-for-20 Reverse ADS Split Effective Sept 10

Singapore – September 10, 2026 -- Lion Group Holding Ltd. (NASDAQ: LGHL) will change the ratio of its American Depositary Shares to Class A ordinary shares, effectively executing a one-for-twenty reverse ADS split on or about September 10, 2026.

Lion resets ADS ratio from 292,500 to 5.85 million shares per ADS

The trading platform operator will move its ADS Ratio from the current one ADS representing 292,500 Class A ordinary shares to one ADS representing 5,850,000 Class A ordinary shares. Par value on the underlying shares remains US$0.0000001. The change affects only the ADS-to-share ratio; no Class A ordinary shares will be issued or cancelled as a result.