By Joe Wallace and Karen Langley U.S. stocks swung between gains and losses in a wild trading session Friday after February s stronger-than-expected employment report helped government bond. | March 11, 2021
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NEW YORK, March 3, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation ( HSAC , Immunovant , or the Company ) (NASDAQ: IMVT; HSACU; HSAC; and HSACW) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 21-cv-00918, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Immunovant securities between October 2, 2019 and February 1, 2021, both dates inclusive (the Class Period ), seeking to recover damages caused by Defendants violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act ) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
NEW YORK, March 3, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. ("Kensington")
Private equity chiefs get bumper payouts on back of Fed stimulus
2 Mar, 2021 10:17 PM
3 minutes to read
Blackstone founder Stephen Schwarzman. Photo / Getty Images
Financial Times
By: Sujeet Indap and Mark Vandevelde Private equity executives who rank among the richest men on Wall Street received hundreds of millions of dollars in payouts even as the US economy faltered last year, helped by central bank stimulus that wiped out the investment losses they recorded early in the pandemic.
Blackstone founder Stephen Schwarzman received at least US$615 million ($843.9m), most of it in dividends. That is one-fifth more than he earned the previous year, as strong investment returns and inflows of fee-paying capital boosted earnings at the world s biggest private equity firm.