Thursday - November 21, 2024
State Tipoffs Involving New York Newsletter for Saturday November 16, 2024 ( 28 items )  

Accenture, Microsoft and Avanade Help Enterprises Reinvent Business Functions and Industries With Generative AI and Copilot
REDMOND, Washington, Nov. 15 (TNSres) -- Microsoft issued the following news release: * * * Companies invest in launch of Copilot business transformation practice, new capabilities and client training to accelerate and scale gen AI adoption Copilot enables transformation for clients such as Repsol and Bricorama * * * Editor's note -- Nov. 14, 2024 -- The press release below was updated to link to Accenture AI Refinery. * * * NEW YORK and REDMOND, Wash. -- Nov. 14, 2024 -- In a strategic m  more

Barnes & Noble Announces James by Percival Everett as Its 2024 Book of the Year
LYNDHURST, New Jersey, Nov. 16 (TNSres) -- Barnes and Noble, a retailer of content, digital media and educational products, issued the following news release: * * * The bookseller also crowns a Children's Book of the Year and a Gift Book of the Year * * * New York, NY - November 15, 2024 - Barnes & Noble is pleased to announce James by Percival Everett as the winner of the 2024 Barnes & Noble Book of the Year. The bookseller has also chosen to celebrate two additional books, naming Impossibl  more

Celebrating Languages and Cakes from Around the Globe
HAMILTON, New York, Nov. 15 -- Colgate University issued the following news: On Oct. 28, Colgate University's W. M. Keck Center for Language Study was standing room only as students and faculty gathered for the "Double Your World" and "Cake Night" mixer, an event designed to encourage students to explore the connections between language studies and other academic fields. Co-hosted with Colgate's Division of Arts and Humanities, the event attracted students from all majors and class years. Hove  more

Holland & Knight Advises Bladex on $86 Million Syndicated Loan for Grupo Monge
MIAMI, Florida, Nov. 16 -- Holland and Knight, a law firm, issued the following news release: NEW YORK (November 15, 2024) - Holland & Knight advised Banco Latinoamericano de Comercio Exterior S.A. (Bladex) as sole lead arranger and bookrunner on a $86 million three-year senior unsecured syndicated loan to GMG Holding S.A. (Grupo Monge) and its subsidiaries. Grupo Monge is one of the largest integrated durable goods retailers and consumer finance providers in Central America, with 664 stores a  more

Holland & Knight Advises Riccobene Associates Family Dentistry in Sale to Comvest Private Equity
MIAMI, Florida, Nov. 16 -- Holland and Knight, a law firm, issued the following news release: NASHVILLE (November 15, 2024) - Holland & Knight advised Riccobene Associates Family Dentistry, a portfolio company of New York-based private equity firm The Beekman Group and an affiliate of Beekman Investment Partners III, in its sale to Comvest Private Equity. The deal was announced on November 5. In 2018, Beekman partnered with Dr. Michael Riccobene, DDS to form a dental service organization to su  more

iHeartMedia Celebrates the Holiday Season With Annual Holiday Music Flip Across Broadcast Stations Nationwide and the Return of the 'iHeartRadio Holiday Special'
SAN ANTONIO, Texas, Nov. 16 -- iHeartMedia issued the following news release on Nov. 15, 2024: * * * More than 85 stations across the country flip the switch to holiday music making iHeartRadio the holiday music destination Hosted by Mario Lopez, the Holiday Special will feature interviews with Dan + Shay, Jennifer Hudson, Jimmy Fallon, Kelly Clarkson and more, broadcasting on iHeartMedia stations nationwide on November 27 * * * New York - November 15, 2024 - iHeartMedia announced that the   more

Leading oncologist to share how understanding DNA helps diagnose and treat cancer
BLACKSBURG, Virginia, Nov. 15 -- Virginia Tech issued the following news: Cancer cells are masters of disguise. Though our bodies are constantly on the lookout for foreign invaders that can cause illness, cells that transform to become cancerous can go unnoticed by exploiting the mechanisms of the very immune system that protects us. Luis Diaz Jr., a clinical oncologist who heads the Division of Solid Tumor Oncology at the Memorial Sloan Kettering Cancer Center in New York, leverages knowledg  more

Lowndes Advises on ARGCO Northeast Acquisition by Core & Main
ORLANDO, Florida, Nov. 16 -- Lowndes, a law firm, issued the following news release: Lowndes is pleased to announce that it advised ARGCO Northeast LLC on its acquisition by Core & Main, Inc. (NYSE: CNM) of substantially all its business assets. ARGCO Northeast LLC is a distributor of fire protection products and services for the New York, New Jersey and Pennsylvania area. The Lowndes team was led by Jim O'Brien and included Connor O'Brien, Andrew Kelly, and Matt O'Kane (Tax). * * * Origina  more

Marsh McLennan Completes Acquisition of McGriff Insurance Services
NEW YORK, Nov. 16 -- Marsh McLennan, a provider of professional services, issued the following news release on Nov. 15, 2024: Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today completed the acquisition of McGriff Insurance Services, LLC. With the closing of this acquisition, McGriff's more than 3,500 colleagues will join Marsh McLennan Agency. "We are thrilled to welcome the McGriff team to Marsh McLennan," said John Doyle, President and CEO of Marsh McLennan. "T  more

MetLife Declares Fourth Quarter 2024 Preferred Stock Dividends
NEW YORK, Nov. 16 -- MetLife, a provider of insurance, annuities and employee benefit programs, issued the following news release on Nov. 15, 2024: MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: * Quarterly dividend of $0.39232690 per share on the company's floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). * Quarterly dividend of $351.5625 per share on the company's 5  more

Morgan Stanley Declares Dividends on Its Preferred Stock
NEW YORK, Nov. 16 -- Morgan Stanley, a multinational financial services corporation, issued the following news release on Nov. 15, 2024: Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: * Floating Rate Non-Cumulative Preferred Stock, Series A - $358.35 per share (equivalent to $0.358347 per Depositary Share) * 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share * Fixed-to-Floati  more

MSLGROUP Americas: An Action-Packed Two Days at PRovoke's 2024 Global Summit - AI, Politics and More
NEW YORK, Nov. 16 -- MSLGROUP Americas issued the following news: * * * PRovoke Media's Global Summit last month addressed critical issues facing PR and communications pros such as AI, the intersection of business and politics and building corporate resilience through reputation, with an array of impressive speakers. * * * By Sophia Anderson, Digital Strategist A fabulous MSL U.S. crew attended the 2024 PRovoke Global Summit in Washington, D.C. This year's event addressed critical issues fa  more

N.Y. A.G. James Announces Guilty Plea of Former Nassau County Co-Op President for Stealing Building Funds
ALBANY, New York, Nov. 16 -- New York Attorney General Letitia James issued the following news release on Nov. 15, 2024: * * * Juan Alayo, Former Hempstead Co-Op President, Will Pay More Than $26,700 in Restitution * * * NEW YORK - New York Attorney General Letitia James today announced the guilty plea of Juan Alayo, 72, of East Meadow, New York for embezzling more than $26,700 of co-op funds during his tenure as president of the Marlboro Owners Corporation cooperative in Hempstead, New York  more

N.Y. A.G. James Releases Footage From Investigation Into Death of Jesus Alberto Nunez Reyes
ALBANY, New York, Nov. 16 -- New York Attorney General Letitia James issued the following news release on Nov. 14, 2024: NEW YORK - New York Attorney General Letitia James today released police body-worn camera footage that her office obtained as part of its ongoing investigation into the death of Jesus Alberto Nunez Reyes (https://urldefense.com/v3/__https:/links-1.govdelivery.com/CL0/https:*2F*2Fag.ny.gov*2Fosi*2Ffootage*2Fjesus-alberto-nunez-reyes/1/010001932c8ef072-0d761489-38e6-49c7-bc3b-e  more

N.Y. A.G. James Reminds New Yorkers to Be Cautious in Charitable Giving for Wildfire Recovery
ALBANY, New York, Nov. 16 -- New York Attorney General Letitia James issued the following news release on Nov. 15, 2024: * * * AG James Urges New Yorkers to Beware of Sham Charities; Make Sure They Are Giving to Trustworthy Organizations * * * New York Attorney General Letitia James today provided guidance to New Yorkers looking to support relief efforts as wildfires caused by dry, windy conditions continue to burn across New York and surrounding states. The Office of the Attorney General (O  more

N.Y. A.G. James Secures $250,000 From Movie Theater Operator for Failing to Protect Employees' Personal Information
ALBANY, New York, Nov. 16 -- New York Attorney General Letitia James issued the following news release on Nov. 15, 2024: * * * National Amusements' Data Breach Affected More Than 23,000 New York Employees * * * NEW YORK - New York Attorney General Letitia James today secured $250,000 from a global movie theater operator, National Amusements, Inc. (National Amusements), that operates movie theaters in the Bronx and on Long Island for failing to protect their former and current employees and c  more

N.Y. PSC Takes Action Against Three ESCOs
ALBANY, New York, Nov. 15 -- The New York State Department of Public Service issued the following news release on Nov. 14, 2024: * * * Commission Holds Energy Service Companies Accountable to Consumers * * * The New York State Public Service Commission (Commission) today took action against three energy services companies, or ESCOs, operating in New York State for failing to abide by New York's strict rules and regulations to protect consumers. The three ESCOs are Polaris Power Services LLC   more

N.Y. State Comptroller Audit: City of Newburgh - Budget Review
ALBANY, New York, Nov. 16 -- The office of the New York State Comptroller issued the following audit report (No. B24-6-9) on Nov. 15, 2024, entitled "City of Newburgh - Budget Review." Here are excerpts: * * * Purpose of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the City's 2025 proposed budget were reasonable. * * * Key Findings * The City's use of approximately $3.2 million of fund balance to close gaps   more

N.Y. State Comptroller Audit: Jefferson County Industrial Development Agency - Audit Follow-Up
ALBANY, New York, Nov. 16 -- The office of the New York State Comptroller issued the following audit report (No. 2020M-70-F) on Nov. 15, 2024, entitled "Jefferson County Industrial Development Agency - Audit Follow-Up." Here are excerpts: * * * Purpose of Review The purpose of our review was to assess the Jefferson County Industrial Development Agency's (JCIDA) progress, as of July 2024, in implementing our recommendations in the audit report released in October 2020. * * * Background JCI  more

N.Y. State Comptroller Audit: Village of Sloan - Clerk-Treasurer
ALBANY, New York, Nov. 16 -- The office of the New York State Comptroller issued the following audit report (No. 2024M-109) on Nov. 15, 2024, entitled "Village of Sloan - Clerk-Treasurer." Here are excerpts: * * * Audit Objective Determine whether the Village of Sloan (Village) Clerk-Treasurer recorded and reported financial transactions accurately and in a timely manner. * * * Key Findings Although the Clerk-Treasurer generally recorded financial transactions accurately, transactions we  more

NEW YORK STATE ANNOUNCES GROUNDBREAKING FOR INTENSIVE CRISIS STABILIZATION CENTER ON LONG ISLAND
ALBANY, New York, Nov. 16 -- The New York State Office of Mental Health issued the following news release on Nov. 14, 2024: * * * CN Guidance & Counseling's Community Crisis Center in Nassau County to Provide New Yorkers Experiencing a Behavioral Health Crisis an Alternative to Emergency Department Care * * * The New York State Office of Mental Health today announced the groundbreaking for an intensive crisis stabilization center to provide voluntary urgent care services for individuals expe  more

Nominations Sought for MLK Unsung Hero Award Recipients
SYRACUSE, New York, Nov. 15 -- Syracuse University issued the following news: Each year, Syracuse University hosts the largest MLK Jr. Celebration held on any college campus. As part of the program, several community members who embody the spirit of Rev. Dr. Martin Luther King Jr. will receive Unsung Hero Awards. The celebration seeks to honor the life and legacy of individuals who exemplify the spirit, life and teachings of Dr. Martin Luther King Jr. yet have not received widespread recogniti  more

Pillsbury Advises National Security Solutions Provider, Integral Federal, on Its Acquisition of Pragmatics
NEW YORK, Nov. 16 -- Pillsbury, a law firm, issued the following news release: Pillsbury advised Integral Federal, a leading provider of national security solutions, in connection with its recent strategic acquisition of information technology solutions company Pragmatics, LLC. According to an official press release, the transaction enhances Integral Federal's ability to support mission-critical operations for its customers while complementing its existing commitment to innovation, customer gr  more

Reed Smith Advises Flexpoint Ford in Connection With Growth Equity Investment Into Duetti
PITTSBURGH, Pennsylvania, Nov. 16 -- Reed Smith, a law firm, issued the following news release: NEW YORK - Global law firm Reed Smith represented Flexpoint Ford on its $114 million growth equity investment into Duetti, a music platform democratizing catalog monetization for independent artists. Flexpoint Ford is a private equity investment firm that specializes in privately negotiated investments in the financial services and healthcare industries. Duetti was founded by Lior Tibon, former COO  more

Silent Threat: How Bilott Media is Shining a Light on PFAS Hazards
MINNEAPOLIS, Minnesota, Nov. 16 -- Taft, a law firm, issued the following news: Taft partner Rob Bilott was mentioned in recent articles on the dangers of PFAS: * "These PFAS that are creeping in everywhere," La Presse. * "Time for a Chemical Portfolio Audit," NordSIP. * "Eternal toxic products in toilet paper," etouffoir. * "What are "forever chemicals," and why are they everywhere - even in your blood?" Revista Galileu | Galileo Magazine. Dubbed by The New York Times Magazine as "The Law  more

Statement From JP O'Hare, N.Y. Education Department Spokesperson
ALBANY, New York, Nov. 15 -- The New York State Education Department issued the following statement on Nov. 14, 2024, by spokesperson JP O'Hare: * * * Today, the State Education Department announced the release of the 2023-24 New York State Report Card annual assessment results on our public data site. This data includes annual student results on standardized New York State assessments: Grades 3-8 English Language Arts, Grades 3-8 Mathematics, Grades 5 & 8 Science, Annual Regents Examinations,  more

Student-Led Initiative promotes mental health, combats seasonal gloom
ITHACA, New York, Nov. 15 -- Cornell University issued the following news: For Zoey Preza '25, the end of daylight savings has always brought her and peers challenges. "Transitioning from California to Ithaca my first year was really rough for me, and I've struggled a lot not seeing the sun as often," said Preza, co-president of Cornell Minds Matter (CMM) "A lot of people around me, including my friends from warmer climates and the east coast, feel a shift after daylight savings and as the col  more

Taft Acts as Legal Counsel to Edgewater Capital Partners in Sale of Pure Wafer
MINNEAPOLIS, Minnesota, Nov. 16 -- Taft, a law firm, issued the following news: Taft is pleased to have acted as legal counsel to Edgewater Capital Partners in the sale of Pure Wafer to ZMC. Pure Wafer is the largest U.S.-based provider of advanced silicon solutions for the semiconductor industry. Based in Cleveland, Ohio, Edgewater is a sector-focused private equity firm making investments in lower middle-market performance materials businesses, specifically in the specialty chemicals, life   more