Securities and Exchange Commission
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West Chester’s QVC Group to File for Bankruptcy, Plans 90-Day Restructuring
Amid ongoing efforts to manage $6.6 billion in debt, West Chester-based QVC Group has announced plans to file for Chapter 11 bankruptcy protection, writes Jeff Blumenthal for…
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Malvern’s Vanguard Hit with $106M Fine for Allegedly Misleading Retail Investors
Malvern-based Vanguard Group is currently facing a $106 million fine for allegedly misleading retail investors in targeted retirement funds, writes Jeff Blumenthal for the Philadelphia…
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Discounter Big Lots Closes Stores, Including 1 in Delaware County
Discount retailer Big Lots will close about 149 stores in 28 states, according to multiple reports, including its store in Clifton Heights, writes Katherine Rodriguez…
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Thrill-Seeking Investors Flocking to Single-Stock ETFs
Investors who are looking to ratchet up the risk are turning to single-stock exchange-traded funds, a relatively recent product that focuses on amplifying the return…
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Newtown Square’s Arrivent Plans Public Stock Offering to Fund Cancer Drug
ArriVent Biopharma in Newtown Square plans to initiate a public stock offering to raise between $137.5 million and $160 million for the development and launch…
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New Bill Aims to Grant Accredited Investor Status, Access to Private Markets to Those Who Pass Exam
If you’re interested in investing in a hot startup or joining a market-beating private investment fund, chances are you won’t be able to unless you’re…
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Par Funding Owners Threatened With Eviction From Haverford Home
The owners of the cash-advance company Par Funding have 10 days to file an objection to an order by a federal judge to leave their…
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Springfield Malls’ PREIT Releases KPMG as Auditor After 2 Decades
PREIT has dismissed their auditor KPMG, and has brought on a new accounting firm, says the Securities and Exchange Commission. Natalie Kostelni reports the latest…
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Springfield Mall Owner PREIT Worried About Staying in Business
Pennsylvania Real Estate Investment Trust (PREIT), the owner of the Springfield Mall, has “substantial doubt” about being able to remain in business over the next…
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Wiser Wealth: You May Be Savvy But Are You An “Accredited Investor”?
Whether you are new to investing or have been involved in making investments for years, the term accredited investor might be unfamiliar to you. That’s…
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Absorbed by Parent Company, Sunoco Logistics to Continue Operating from Newtown Square
Last week, Newtown Square’s Sunoco Logistics Partners, merged with parent company Energy Transfer Partners, writes Andrew Maykuth for the Philadelphia Inquirer. According to filings submitted…
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