AGP Executive Report
Last update: 8 hours agoSecurities Class Actions: Shareholder-rights firms renewed alerts on multiple U.S. cases, including Datavault AI (DVLT), Simply Good Foods (SMPL), DNOW (DNOW), Pentair (PNR), Wise Group (WSE), Rackspace Technology (RXT), Bloom Energy (BE), HDFC Bank (HDB), ARS Pharmaceuticals (SPRY) and FuelCell Energy (FCEL), citing alleged misleading statements and investor losses, with lead-plaintiff deadlines running through October. Infrastructure & Energy: Ethiopia and Djibouti announced a major pipeline-linked investment to connect Damerjog to Dewele, aiming to cut logistics costs and boost energy security, while Djibouti also broke ground on a $160m petroleum storage terminal with Dangote and Ethiopian Investment Holdings. Policy & Markets: India eased foreign investor access to physically settled commodity derivatives and expanded portfolio manager global-asset rules, and Thailand unveiled a national semiconductor strategy targeting $80bn investment by 2050. Investor Protection: Barrie police warned of a romance-and-crypto investment scam that cost a man about $200,000, highlighting how scammers use social media and AI-style persuasion. Corporate Finance: Natixis Investment Managers named Marina Gross head of U.S. distribution, and Ontario Teachers’ late-stage platform TVG completed a $50m investment in Harvey.
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