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Latest News in Private Equity
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October 06, 2026
The U.S. Securities and Exchange Commission has sued financial technology startup Kalder Inc. and its convicted founder and former CEO, alleging that they made false and misleading statements to investors in connection with a $6.7 million seed financing round.
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October 06, 2026
The North Carolina Business Court rounded the corner into fall with a setback for residents in an antitrust class action, a historic settlement in "forever chemical" contamination litigation and a raft of new restrictive covenant complaints.
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October 06, 2026
North American energy-focused investment firm LS Power, advised by Willkie Farr & Gallagher LLP, on Tuesday revealed that it had wrapped up its sixth fund with roughly $6 billion in investor commitments.
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October 06, 2026
A Hertz Global Holdings Inc. stockholder has sued former CEO Stephen M. Scherr and a group of current and former officers and directors in Delaware Chancery Court, accusing them of concealing weak demand for electric-vehicle rentals while pursuing an EV strategy that allegedly left the rental-car company with hundreds of millions of dollars in losses.
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October 06, 2026
Two former Groq Inc. stockholders have sued the artificial intelligence chip company's directors and a former officer, alleging in a Delaware Chancery Court complaint that they improperly handed Groq's technology and engineering workforce to Nvidia Corp. through a roughly $20 billion reverse acqui-hire without a stockholder vote or a process aimed at getting the best price.
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