SAN FRANCISCO, Oct. 12, 2026 /PRNewswire/ -- Coastal Financial Corporation (NASDAQ: CCB) faces a securities class action lawsuit that seeks to represent investors who purchased or otherwise acquired shares of Coastal common stock between October 28, 2024 and July 29, 2026.

The lawsuit follows a 43% single-day stock plunge triggered by a massive provision for credit losses and unexpected valuation adjustments within its core CCBX Banking-as-a-Service (BaaS) segment.

National shareholders rights firm Hagens Berman continues its investigation into claims that Coastal was not sufficiently transparent about credit risk management practices and therefore violated federal securities laws.

Hagens Berman urges Coastal investors who suffered substantial financial losses to submit their trading information before the Lead Plaintiff deadline. Whistleblowers and insiders with non-public knowledge regarding Coastal Financial's loan underwriting, partner risk oversight, or internal controls are also invited to contact the firm.

- Class Period: Oct. 28, 2024 – July 29, 2026

- Lead Plaintiff Deadline: Dec. 1, 2026

- Visit: www.hbsslaw.com/ccb

- Contact Email: [email protected]

- Direct Firm Phone: 844-916-0895

Coastal Financial Corporation (CCB) Securities Class Action Overview:

The litigation focuses on Coastal's repeated touting of growth in its CCBX BaaS segment and assurances that it pursued such growth in a disciplined manner with a focus on effective risk management and credit quality.

For example, Coastal's assurances during the Class Period included statements such as "we continue to make strategic decisions which are enhancing credit quality," "our strategy involves selectively expanding our current base of CCBX partners while continuing to invest in and enhance our technology and risk management infrastructure[,]" and the company remained "fully indemnified against fraud and 98.8% indemnified against credit risk with our CCBX partners[.]"

The complaint alleges that these and other statements during the Class Period were misleading because the company did not disclose that the credit quality of a substantial CCBX partner portfolio, comprising roughly $500 million in loans and nearly 23% of all CCBX loans, had materially deteriorated. In turn, Coastal faced significant exposure to credit losses because the company's risk management and credit monitoring were inadequate to identify, properly account for, and mitigate the deterioration of that portfolio.

The Truth Comes to Light on July 30, 2026 - Q2 2026 Disclosures Triggers 43% Share Collapse

The true effectiveness of Coastal's credit risk management and internal controls was revealed on July 30, 2026, when the company reported its Q2 2026 financial results:

- Significant Financial Loss: Coastal posted a net loss of $42.1 million (or -$2.76 per diluted share), drastically missing consensus profit estimates.

- Rising Credit Expenses: The losses were driven overwhelmingly by $68.8 million in pre-tax charges tied to a single CCBX partner relationship and associated consumer loan portfolios, including a $46 million valuation adjustment to credit enhancement assets and a $22.8 million spike in credit loss provisions.

- CFO Departure: Compounding market instability, the company announced the impending departure of its Chief Financial Officer just ahead of the earnings release.

- Immediate Stock Decline: CCB shares crashed $30.75 per share, or 43.5%, in a single trading session, dropping from a close of $70.66 to close at $39.91 on heavy volume.

"We're focused on when Coastal first detected this single partner problem and whether it may have misled investors about the effectiveness of its initial underwriting and ongoing credit risk management," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Coastal Financial and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

Whistleblowers: Persons with non-public information regarding Coastal Financial should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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SAN FRANCISCO, Oct. 12, 2026 /PRNewswire/ -- Endava (NYSE: DAVA) faces a securities class action, seeking to represent investors who purchased or otherwise acquired Endava securities between September 4, 2025 and September 21, 2026. The lawsuit follows a 25% plummet in price on September 22, 2026 after the company revealed serious management and potential accounting problems.

National shareholders rights firm Hagens Berman continues to investigate claims that the company violated the federal securities laws.

The firm urges Endava investors who suffered substantial losses to submit your losses now. In addition, persons with knowledge who may be able to assist the investigation are invited to contact the firm's attorneys.

Class Period: Sept. 4, 2025 – Sept. 21, 2026

Lead Plaintiff Deadline: Nov. 30, 2026

Visit: www.hbsslaw.com/dava

Direct Contact Email: [email protected]

Firm Telephone: 844-916-0895

Endava plc (DAVA) Securities Class Action:

The litigation's focus is on the propriety of Endava's repeated assurances that its "financial statements […] fairly present in all material respects the financial condition, results of operations and cash flows of the Company," the effectiveness of its internal control over financial reporting, and its "pivot towards AI to establish Endava as an AI leader" was gaining "momentum."

The complaint alleges that, during the Class Period, Endava did not disclose that the accounting for certain of its customer and supplier agreements would require additional review and, as a result, it was likely that it would delay the release of Q4 and FY 2026 financial results.

Doubt about Endava's assurances arose after the market closed on September 21, 2026. That day, Endava announced the appointment of an interim CFO that "follows the decision of the Board, upon the recommendation of the Audit Committee […] to place Mark Thurston, the Company's Chief Financial Officer, on administrative leave, effective September 21, 2026."

The company also said there is an internal investigation "which was initiated in response to the Company's outside auditors raising concerns about the Company's accounting treatment of certain customer and supplier agreements and related matters."

Lastly, Endava announced that its quarterly and annual reports would be delayed.

The market swiftly reacted, sending the price of Endava shares down over 25% that day.

"We're focused on whether Endava may have to restate its historical financial statements and, if so, whether the adjustments implicate the company's claims that its AI pivot was gaining momentum," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Endava and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

Whistleblowers: Persons with non-public information regarding Endava should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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PUNE, India, Oct. 12, 2026 /PRNewswire/ -- The "High-Density Racks (>100 kW) Market – Growth, Share, Opportunities & Competitive Analysis, 2025–2034" report has been added to the Credence Research Inc. offering.

The global High-Density Racks (>100 kW) Market was valued at USD 37.2 billion in 2025 and is projected to reach USD 52.5 billion by 2034, registering a CAGR of 3.5% during the forecast period. Demand is being reshaped by AI training and inference, accelerated computing and high-performance computing workloads that require substantially more rack-level power and cooling than conventional enterprise infrastructure. Direct-to-chip liquid cooling, rear-door heat exchangers, immersion-ready enclosures and higher-capacity power distribution are becoming core design considerations for new AI and HPC deployments.

Key Takeaways

- The High-Density Racks (>100 kW) Market is projected to grow from USD 37.2 billion in 2025 to USD 52.5 billion by 2034 at a CAGR of 3.5%.

- North America leads with 36% share, followed by Asia Pacific at 30% and Europe at 22%.

- The 100–200 kW per rack segment currently represents the broadest deployment range, while above-200 kW systems are gaining importance for advanced AI and HPC clusters.

- Direct-to-chip liquid cooling and immersion-ready rack designs are gaining adoption as air cooling becomes insufficient for the highest-density accelerator platforms.

- Hyperscalers and cloud providers remain the largest end-user group, while colocation, enterprise AI and sovereign-compute programs broaden demand.

- OCP Open Rack v3, EIA-310 19-inch formats and custom architectures are all relevant as operators balance interoperability with workload-specific design.

Scope & Segmentation – High-Density Racks (>100 kW) Market

The report analyzes high-density rack infrastructure above 100 kW per rack across power density, cooling integration, rack standard, end-user group and geography. It focuses on infrastructure used for AI, HPC, cloud and other accelerated-compute environments.

The study evaluates how power delivery, liquid cooling, rack form factor, modular deployment and workload density shape procurement decisions for hyperscalers, colocation providers, enterprises and sovereign-compute programs.

The High-Density Racks (>100 kW) Market is segmented as follows.

- By Power Density, the market includes 100–200 kW per Rack and More Than 200 kW per Rack.

- By Cooling Integration, the market includes Direct-to-Chip Liquid Cooling Manifold Racks, Rear-Door Heat Exchanger Racks, Immersion-Ready Rack Enclosures and Enhanced-Airflow/Air-Cooled Racks.

- By Rack Standard, the market includes OCP Open Rack v3, EIA-310 Standard 19-Inch and Proprietary/Custom Form Factors.

- By End User, the market includes Hyperscalers & Cloud Providers, Colocation Operators, Enterprises/On-Premises AI & HPC and Government, Research & Sovereign AI.

- By Geography, the market includes North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Access crucial information at unmatched prices!

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Why This Report Matters

- The report provides a detailed view of the infrastructure layer enabling high-density AI and HPC deployment as rack power moves beyond traditional air-cooled limits.

- It helps data center operators evaluate cooling integration, rack standards and end-user requirements while assessing how ultra-dense infrastructure changes facility design.

- Regional analysis highlights North America's hyperscale lead and Asia Pacific's rapid data center buildout while tracking European sovereign and efficiency requirements.

- For rack manufacturers, cooling vendors, server OEMs, data center operators and investors, the report supports capacity planning, product strategy and ecosystem partnership decisions.

Market Overview

- Industry Landscape and Value Chain Assessment

- Supply-Side Evaluation

- Demand-Side Evaluation

- Stakeholder Mapping

- Porter's Five Forces Review

- PESTLE Environment Assessment

- Market Forecast and Future Direction

- Short-Term Forecast, 0–2 Years

- Mid-Term Forecast, 3–5 Years

- Long-Term Forecast, 5–10 Years

- Market Entry and Expansion Strategy

Market Insights

- AI and HPC Workload Analysis

- Rack Power Density Benchmarking

- Liquid Cooling Integration Review

- Rack Standard Assessment

- Hyperscale and Colocation Demand Analysis

- Power and Thermal Constraint Evaluation

- Sovereign AI Opportunity Assessment

- Regional Capacity Expansion Review

- Investment Return and Deployment Economics

Key Attributes

Segmentation

By Power Density

- 100–200 kW per Rack

- More Than 200 kW per Rack

By Cooling Integration

- Direct-to-Chip Liquid Cooling Manifold Racks

- Rear-Door Heat Exchanger Racks

- Immersion-Ready Rack Enclosures

- Enhanced-Airflow/Air-Cooled Racks

By Rack Standard

- OCP Open Rack v3

- EIA-310 Standard 19-Inch

- Proprietary/Custom Form Factors

By End User

- Hyperscalers & Cloud Providers

- Colocation Operators

- Enterprises/On-Premises AI & HPC

- Government, Research & Sovereign AI

By Geography

- North America

- Europe

- Asia Pacific

- Latin America

- Middle East & Africa

Market Growth Driven by AI Accelerator Density and Rack-Scale Computing

AI training, inference and HPC clusters are pushing rack power requirements well above conventional enterprise levels. Operators are redesigning power distribution, cooling loops and white-space layouts around dense GPU and accelerator deployments.

The 100–200 kW range is increasingly practical for commercial AI infrastructure, while above-200 kW designs are emerging for next-generation rack-scale systems. This transition increases demand for integrated rack, manifold, CDU and power architectures.

Regional Growth Reflects Hyperscale and Sovereign Compute Investment

North America leads with 36% share because of hyperscale concentration, cloud investment and large AI infrastructure programs. Asia Pacific follows at 30%, supported by data center construction and sovereign-compute investment across China, Japan, South Korea and India.

Europe holds 22%, with demand shaped by HPC, sovereign AI, energy efficiency and regulated digital infrastructure. Latin America and Middle East & Africa remain smaller but benefit from cloud expansion and new data center projects.

Market Challenges Include Power Availability and Cooling Integration Complexity

The largest constraint is no longer rack space alone but the ability of facilities to supply and reject the heat associated with extreme compute density. Grid constraints, transformer capacity and cooling-water availability can delay deployments even when IT equipment is available.

Liquid cooling also introduces new operational requirements around coolant quality, manifolds, CDUs, leak detection and service procedures. Operators must coordinate rack architecture with facility systems and server warranties, increasing integration complexity.

Future Outlook

High-density deployments will increasingly be sold as integrated infrastructure ecosystems rather than standalone racks. Factory-integrated modules, liquid cooling, monitoring and power systems can reduce commissioning risk and shorten deployment timelines.

As AI platforms move toward higher rack-scale power, vendors that can support 100 kW-plus systems with validated thermal designs, service networks and interoperability will gain strategic importance.

Competitive Landscape

The High-Density Racks (>100 kW) Market features competition among established multinational companies, specialized suppliers and regional participants. Competitive positioning depends on product performance, application expertise, delivery reliability, technical support and the ability to respond to changing customer requirements.

Leading companies are strengthening their positions through product development, localization, partnerships, service expansion and investment in higher-value applications. Buyers increasingly evaluate total lifecycle value and supplier support alongside headline pricing.

Key Player Analysis

- Vertiv

- Schneider Electric

- Eaton

- Rittal

- Dell Technologies

- Supermicro

- Hewlett Packard Enterprise (HPE)

- NVIDIA

- nVent

- CoolIT Systems

Recent Industry Developments

- In January 2026, Vertiv introduced new configurations of its MegaMod HDX platform supporting rack densities from 50 kW to more than 100 kW and total capacity up to 10 MW, combining direct-to-chip liquid cooling with air-cooled infrastructure.

- In September 2025, Schneider Electric unveiled an end-to-end liquid-cooling portfolio with Motivair for hyperscale, colocation and high-density data center environments, including CDUs, rear-door heat exchangers and cold plates designed for 100 kW-plus AI racks.

- In February 2026, Schneider Electric opened a Motivair liquid-cooling factory in Bengaluru, positioning India as a manufacturing and export hub for high-density AI cooling systems.

- Rittal reported productive use of a water-based direct liquid cooling system at the Green IT Cube in Darmstadt and highlighted the shift toward rack densities above 150 kW in AI and HPC environments.

Report Coverage

- The research report offers an in-depth analysis based on Power Density, Cooling Integration, Rack Standard, End User and Geography.

- It evaluates AI and HPC demand, liquid-cooling adoption, rack standards, data center constraints and regional infrastructure investment influencing high-density deployment.

- The study further examines vendor competition, modular deployment strategies, service requirements and the interaction between IT racks and facility power and thermal systems.

- It provides strategic recommendations for infrastructure vendors, data center operators, hyperscalers, colocation companies and investors navigating the High-Density Racks (>100 kW) Market.

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DELRAY BEACH, Fla., Oct. 12, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the global terahertz technology market size is estimated at USD 1.07 billion in 2026 and is projected to reach USD 2.62 billion by 2032, growing at a CAGR of 16.0% during the forecast period.

Browse 160 market data Tables and 80 Figures spread through 220 Pages and in-depth TOC on "Terahertz Technology Market - Global Forecast to 2032"

Terahertz Technology Market Size & Forecast:

- Market Size Available for Years: 2021–2032

- 2026 Market Size: USD 1.07 billion

- 2032 Projected Market Size: USD 2.62 billion

- CAGR (2026–2032): 16.0%

Terahertz Technology Market Trends & Insights:

- The growth of the terahertz technology market is being accelerated by the expansion of non-destructive testing and advanced quality control across enterprises. This leads to an increase in deployed terahertz inspection units per individual production facility. As precision measurement requirements increase and packaging architectures become complex, traditional ultrasonic and ionizing X-ray inspection approaches are being supplemented or replaced. Enterprise operators are adopting advanced technologies such as terahertz time-domain spectroscopy, continuous-wave imaging radars, and quantum cascade laser sources. This technological transition expands the overall market value. Emerging applications include semiconductor packaging inspection, artificial intelligence defect classification, non-ionizing pharmaceutical validation, and 6G communication testbeds.

- By type, the terahertz imaging segment is expected to dominate the market with a share of 48.9% in 2032.

- By application, the satellite communications segment is expected to record the highest CAGR of 19.7% during the forecast period.

- By region, Asia Pacific is expected to record the highest CAGR of 20.8% in the terahertz technology market during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=71182197

Market growth is driven by the increasing demand for non-destructive testing, high-resolution spectroscopy, and non-ionizing imaging systems across laboratory research, medical & healthcare, industrial NDT, military & homeland security, and telecommunications applications. Rapid progress in photoconductive antenna technology, quantum cascade lasers, time-domain spectroscopy, and sub-terahertz transceivers is driving strong demand for terahertz infrastructure that supports high-precision, non-invasive, data-intensive operations. End users are increasingly exploring terahertz imaging, spectroscopy, and wireless communication deployments to improve operational efficiency, protect proprietary data, support complex industrial environments, and enable scalable material characterization. Growing investments in hardware systems such as optical sources, detectors, terahertz transceivers, and spectroscopic analysis modules are further strengthening demand for advanced terahertz solutions worldwide.

The terahertz imaging segment is expected to account for the largest share of the terahertz technology market, by type, during the forecast period.

Terahertz imaging systems are expected to maintain a dominant share of the terahertz technology market due to their ability to deliver high-resolution non-destructive inspection, enhanced safety via non-ionizing radiation, and precise material characterization. These imaging architectures can operate across manufacturing plants, research labs, airports, healthcare centers, and defense facilities with complete operational safety and accuracy. Terahertz imaging systems are increasingly being deployed for real-time semiconductor wafer inspection, non-contact quality assurance, package integrity testing, and concealed threat detection. Their non-invasive architecture enables enterprise-grade precision for sensitive operational testing and quality evaluation in environments governed by strict safety and compliance mandates. The increasing development of compact photoconductive sensor arrays and integrated imaging software further drives this segment.

Satellite communication is expected to record the highest CAGR in the terahertz technology market, by application, during the forecast period.

Satellite communication is expected to record the highest growth rate in the terahertz technology market owing to its critical role in ultra-high-bandwidth inter-satellite links, orbital data relay networks, space-based observations, and low atmospheric attenuation in outer space. Modern space and defense workflows require specialized high-frequency hardware components, including sub-millimeter-wave transceivers, directional horn antennas, photonic signal generators, and high-sensitivity heterodyne receivers. These communication solutions form the primary operational framework for next-generation satellite constellations and directly influence link transmission capacity, data transfer speed, payload miniaturization, and orbital network throughput.

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Asia Pacific is expected to account for the largest share of the terahertz technology market during the forecast period.

Asia Pacific is expected to account for the largest market share in the terahertz technology industry, supported by strong semiconductor manufacturing ecosystems, increasing investments in Industry 4.0 initiatives, and rising adoption of advanced quality control across China, Japan, South Korea, India, Singapore, and other key regional markets. The region is witnessing rapid development of terahertz technology infrastructure driven by advancements in time-domain spectroscopy (THz-TDS), sub-terahertz transceivers, photoconductive antenna arrays, and high-resolution imaging platforms. Growing demand for non-destructive testing and high-precision inspection in semiconductor manufacturing, electronics, healthcare, pharmaceutical packaging, military & defense, and public security is further supporting market expansion. Several technology providers and instrument vendors in the region are actively expanding their terahertz solution portfolios, improving equipment deployment capabilities, and strengthening commercialization strategies. In addition, government-led digital transformation policies, dedicated research funding for 6G wireless communication, and supportive regulatory frameworks are expected to further strengthen Asia Pacific's position in the global terahertz technology market.

Major companies operating in the terahertz technology companies include Advantest Corporation (Japan), Luna Innovations (US), TeraView Limited (UK), TOPTICA Photonics AG (Germany), HÜBNER GmbH & Co. KG (Germany), Menlo Systems (Germany), TeraSense GROUP INC. (US), Gentec Electro-Optics (Canada), QMC Instruments Ltd. (UK), and TERAVIL LTD. (Lithuania).

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Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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DALLAS, Oct. 12, 2026 /PRNewswire/ -- Southwest Fitness Holdings LLC, a subsidiary of Crunch Fitness franchise group CR Fitness Holdings, is proud to announce the upcoming grand opening of Crunch Garland, TX - its 15th location in the Dallas-Fort Worth area. Set to open at 825 West Centerville Road in Garland, this completely brand-new, 34,589 square-foot state-of-the-art fitness center represents a $5 million investment in the community and will bring Crunch's latest 3.0 club experience to the Dallas-Fort Worth area.

As a brand-new 3.0 location with a sleek, modern design, Crunch Garland will deliver a complete, high-end fitness experience. The facility will feature top-of-the-line cardio and strength equipment, contrast therapy featuring Infrared Sauna and Frost Locker, Olympic squat racks, an Abs & Glutes room, Ride Cycle studio, and a dedicated performance turf area. Members can take advantage of a full group fitness studio, a hot studio for yoga and Pilates, and high-energy boxing classes, along with the innovative HIITZone™ for heart-pumping interval training. Premium recovery and relaxation amenities include HydroMassage® and tanning, and locker rooms with saunas and a steam room - creating a well-rounded fitness destination that supports performance, recovery, and total wellness.

The doors will officially open for workouts Thursday, October 15th at 5:00am with a soft opening, giving early members the first chance to explore the state-of-the-art facility. The grand opening celebration will take place on Saturday, October 17th from 10am-1pm featuring Group Fitness demos, Personal Training specials, food, prizes, promotions, local vendors, and a lively party atmosphere to showcase everything Crunch has to offer.

In addition, Crunch Garland will host a "Sneak peek" celebration on Tuesday October 13th from 4:00 pm to 8:00 pm, with a ribbon cutting at 6:30pm, giving the community an exclusive first look inside the facility. Guests can tour the gym, meet the team, and take advantage of special founding member deals.

"We are proud to be launching our Crunch Garland location for the Dallas-Fort Worth community," said Tony Scrimale, CEO of CR Fitness Holdings. "With premium amenities, top-tier equipment, and dynamic group fitness programming – this club will bring something special to the community."

The new club opening is expected to create more than 70 local jobs across personal training, group fitness, sales, operations, member services, and club leadership.

For more information or to take advantage of the special Grand Opening rates of pay $1 and get your first month FREE, visit CrunchGarland.com. Memberships start at $9.99/month!

In addition, five more Crunch locations are coming to the Dallas-Fort Worth area:

Crunch Benbrook, Burleson, Golden Triangle, McKinney North, and Rayzor Ranch. This will bring the grand total to 20 Crunch locations being operated by Southwest Fitness Holdings LLC in the Dallas-Fort Worth area. Prospective members can visit Crunch.com to learn more and to reserve their special Founder's Rate before these locations open.

About Southwest Fitness Holdings, LLC

Southwest Fitness Holdings LLC, a subsidiary of CR Fitness Holdings, currently operates 15 Crunch gyms in the Dallas-Fort Worth area (as well as 5 coming soon to Arizona) - and is on track to operate nearly 20 total in Texas by the end of 2026. Its parent company, CR Fitness Holdings, is a leading Crunch Fitness franchise group that currently serves over one million members.

SOURCE CR Fitness Holdings, LLC.

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EXTON, Pa., Oct. 12, 2026 /PRNewswire/ -- Hunt Auctions has announced a private treaty sale for an incredibly significant Michael Jordan Chicago Bulls 1998 NBA Finals Game Two worn road jersey at a world record price of $14,000,000. The price is a world record for any piece of basketball memorabilia and the second highest price paid for a game used jersey of any sport. Notably, the sale price eclipses the mark of $12,260,000 realized by a Michael Jordan home jersey worn in game three of the very same 1998 NBA Finals which was sold subsequently during a September 29, 2026 auction.

The most iconic image of Michael Jordan in his career is of his last shot as a Chicago Bull, which took place in Game 6 of the 1998 NBA Finals. Jordan was wearing his Chicago Bulls red mesh road jersey in this remarkable image. Therefore, Jordan's red jerseys worn in the 1998 Finals have become coveted as "holy grails" of Michael Jordan Finals jerseys. Michael Jordan wore the legendary red jerseys during game numbers 1, 2, and 6 of the 1998 NBA Finals, with only one ever having been previously sold at public auction.

The Chicago Bulls red mesh road jersey that was sold, herein, was worn by Jordan during Game #2 against the Utah Jazz played on June 5, 1998 in a 93-88 victory. The win was the first of the 1998 Finals for the Bulls after a surprising loss in game one to the Jazz. Michael Jordan led the way with a dominant performance scoring 37 points second only to his iconic clinching sixth game in which he poured in 45 points en route to being named as MVP of the 1998 Finals. The provenance of the shirt impressively traces back to have been purchased directly from the Chicago Bulls by a collector and retains several documentative letters confirming its history. The 2003 letter from long term Chicago Bulls Director of Community Relations Jeff Schultz includes the reference, "It is my opinion that this jersey is one of the finest examples of any game worn jersey I have ever seen in my 15+ years of managing the Chicago Bulls memorabilia." The jersey has remained within a succinct chain of custody having only changed hands once from the original purchaser. The jersey was conclusively photomatched by MeiGray Authentication and SIA Authentication to the second game and had been autographed by Jordan through a signing authenticated by Upper Deck.

"In our opinion, and 36 years of market experience, Babe Ruth and Michael Jordan stand above all others in the history of American sports," said David Hunt President of Hunt Auctions. "The record setting price achieved for the related Michael Jordan jersey is yet another corroborative result as to the significance of Jordan within the industry and popular culture. This remarkable garment bore witness to one of Jordan's most hallowed NBA Finals appearances as part of his 'Last Dance' season to complete his illustrious career. While Michael Jordan's importance within the sports memorabilia marketplace has long been established it has now escalated to an elite asset class more typically reserved for iconic works of art. We are very pleased to have been able to facilitate this historic sale which serves as another benchmark for our industry."

The jersey was sold to noted collector of sports memorabilia, Ron Firman, originally from Rye, NY.

"Michael Jordan was an incredibly talented player who is admired around the world." said collector Ron Firman. "I'm very excited about the purchase. I want to thank David Hunt of Hunt Auctions whose company is a leader in exceptional private sale items of this type."

Hunt Auctions is currently accepting consignments for its annual Super Bowl LXI Live Auction to take place on February 13, 2027 in Los Angeles, CA. Email [email protected] for more details.

ABOUT HUNT AUCTIONS

Exton, Pennsylvania based Hunt Auctions has been a leader in the sports memorabilia auction industry for 36 years.  Numerous former players and their families have trusted their collections with Hunt Auctions including Babe Ruth (HOF), Ted Williams (HOF), Joe DiMaggio (HOF), Bill Russell (HOF), Roberto Clemente (HOF), Willie Mays (HOF), Walter Payton (HOF), Gino Marchetti (HOF), Brett Favre (HOF), Reggie White (HOF), Whitey Ford (HOF), Curt Flood, Gale Sayers (HOF),  Vin Scully (HOF), Ray Berry (HOF), Bill Walton (HOF), Tony Dorsett (HOF), Tony Gwynn (HOF), John Riggins (HOF), Joseph Carr (HOF),  Leo Durocher (HOF), Robin Roberts (HOF), Earl Weaver (HOF), Commissioner Bowie Kuhn (HOF), Warren Spahn (HOF), Johnny Bench (HOF), Johnny Unitas (HOF), John Hannah (HOF), Thurman Munson, Roy Campanella (HOF), Harmon Killebrew (HOF), Bill Mazeroski (HOF), Tom Heinsohn (HOF), Charles "Kid" Nichols (HOF),  Jim Palmer (HOF), Walter Johnson (HOF), Bill McKechnie (HOF), Willie Mosconi (HOF), Randall Cunningham, Joe Frazier (HOF) and Norm Van Brocklin (HOF).  Hunt Auctions is also the Official Auction Company of Louisville Slugger Museum & Factory and the Official Auctioneer of the MLB Capitol One All-Star Village®. Hunt Auctions has worked with numerous institutions to include: The National Football League, Philadelphia Phillies®, Pittsburgh Pirates®, Baltimore Orioles®, Boston Red Sox®, Negro Leagues Baseball Museum, National Baseball Hall of Fame, Chicago Bulls, National Italian American Sports Hall of Fame and Baseball Assistance Team

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The Article Explains How Sealing Crawl Spaces Can Reduce Pest Activity, Control Moisture, and Help Protect Homes in Coastal Virginia.

ACCOMAC, Va., Oct. 12, 2026 /PRNewswire/ -- How can crawl space encapsulation help keep pests out of a home? A HelloNation article answers that question with insights from Crawl Space Encapsulation Expert Clay Morgan of Charles E Morgan & Sons Inc. in Accomack County, Virginia.

The article explains how crawl space pest prevention begins with controlling moisture and closing entry points beneath a home. In coastal Virginia communities such as Onancock, humid weather and damp soil can create conditions that attract insects and rodents.

According to the HelloNation article, unsealed crawl spaces often provide the moisture, shelter, and access that pests need to survive. Termites, ants, and rodents may enter through foundation gaps, open vents, or damaged barriers. Encapsulation helps reduce these conditions by creating a sealed environment beneath the home.

The article describes crawl space encapsulation as a process that includes installing vapor barriers, sealing openings, and managing humidity. These steps help separate the crawl space from damp soil and outdoor air. Reducing moisture makes the area less attractive to pests while helping protect wooden supports and other structural materials.

For homeowners in Onancock and Cape Charles, the article notes that coastal weather creates ongoing moisture challenges. High humidity, frequent storms, and changing groundwater conditions can leave traditional vented crawl spaces damp. Over time, these conditions may contribute to pest activity, musty odors, and deterioration of building materials.

The HelloNation feature highlights moisture control as an important part of crawl space pest prevention. Vapor barriers limit moisture entering from exposed soil, while properly sealed access points reduce pathways for insects and rodents. Additional humidity management may be needed to maintain suitable conditions year-round.

The article also examines how crawl space conditions can affect indoor air quality. Air from beneath a home can move upward into living spaces through a process known as the stack effect. When crawl spaces contain excess moisture, mold, or mildew, that air movement may contribute to unpleasant odors and indoor humidity problems.

Drawing on insights from Crawl Space Encapsulation Expert Clay Morgan, the article explains that controlling the environment beneath a home can provide benefits beyond pest deterrence. A properly maintained crawl space may help reduce moisture-related damage, improve indoor comfort, and support healthier conditions throughout the structure.

The article emphasizes that encapsulation is not a replacement for every form of pest treatment. Existing infestations may still require professional pest control, and homeowners should identify moisture problems before sealing begins. Addressing water intrusion, drainage concerns, and damaged materials can help homeowners achieve more reliable results.

Coastal Virginia properties face additional concerns because storms and groundwater can introduce moisture beneath foundations. The article explains that effective encapsulation requires attention to these conditions rather than simply covering exposed soil. Proper installation and ongoing maintenance help preserve the benefits of a sealed crawl space.

The HelloNation article concludes that crawl space pest prevention is most effective when homeowners address the conditions that attract pests. By combining moisture management, sealed entry points, and regular inspections, homeowners can better protect their foundations and maintain more comfortable living spaces.

How Crawl Space Encapsulation Helps Keep Pests Out—And Your Home Healthy features insights from Clay Morgan, Crawl Space Encapsulation Expert of Accomack County, Virginia, in HelloNation.

About HelloNation

HelloNation is America's Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative "edvertising" approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

SOURCE HelloNation

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The AOF 2026 Lifetime Achievement award honors individuals who have fundamentally advanced the osteopathic profession

CHICAGO, Oct. 12, 2026 /PRNewswire/ -- The American Osteopathic Foundation (AOF) proudly announces Peter B. Ajluni, DO, as recipient of the AOF 2026 Lifetime Achievement Award, one of the foundation's highest honors recognizing individuals who have made a lasting impact on the osteopathic profession. The award will be presented on Friday, Oct. 23 at the AOF Honors Gala, held in conjunction with the American Osteopathic Association's (AOA) annual OMED conference.

Established in 2006, the AOF Lifetime Achievement Award honors leaders whose service and commitment embody the values of the osteopathic profession. Dr. Ajluni's selection reflects more than five decades of service as an orthopedic surgeon, educator, and leader across the profession. Throughout his career, he has held leadership positions within numerous osteopathic organizations while helping shape future generations of physicians through mentorship and advocacy.

"Dr. Ajluni truly is a treasured gem of the American Osteopathic Foundation and our Osteopathic family, leading generations of DOs as a role model and mentor," said President of the AOF Board Julieanne P. Sees, DO, MBA, FAOAO, FAOA, FAAOS. "He was chosen as the award recipient for his devotion to the profession, the Foundation, and the entire osteopathic community. We are honored to recognize his dedication and leadership."

Dr. Ajluni has practiced orthopedic surgery for more than 50 years and earned his medical degree from the Chicago College of Osteopathy (now Midwestern University Chicago College of Osteopathic Medicine). He completed a rotating internship and residency in orthopedic surgery at Mr. Clemens General Hospital in Mt. Clemens, Michigan, followed by a fellowship in hand surgery at Grace Hospital in Detroit. In private practice since 1974, Dr. Ajluni served as a senior orthopedic surgeon at McLaren Macomb Hospital, Michigan (formerly Mount Clemens Regional Medical Center), where he also worked as chief of staff. He additionally held titles at Henry Ford Bi-County Community Hospital and St. John Shores Hospital.

Beyond clinical practice, Dr. Ajluni is dedicated to advancing the osteopathic profession through leadership, serving on the board of directors for Blue Cross Blue Shield of Michigan and previously as president of both the AOF and AOA. His legacy in the profession also extends to his family, where at least 30 family members, including his son Matthew, have answered the call to Osteopathic service.

"Dr. Ajluni is a wonderful mentor and advisor to me and has been a major supporter of the Foundation," said Rita Forden, Chief Executive Officer of the AOF. "His leadership will inspire students and physicians for years to come, and we look forward to celebrating his achievements this October."

About the AOF

For over 75 years, the American Osteopathic Foundation has invested in the Osteopathic profession through scholarships, grants, research funding, and global humanitarian outreach. The AOF Honors Gala has raised millions of dollars to support DOs at every stage—from medical school to practice.

SOURCE American Osteopathic Association

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LOS ANGELES, Oct. 12, 2026 /PRNewswire/ -- Raymond Douglas, MD, PhD, a lead scientist behind the first FDA-approved treatment for thyroid eye disease (TED) and a 2026 ASOPRS Outstanding Contribution Award recipient, presented research at the American Society of Ophthalmic Plastic and Reconstructive Surgery (ASOPRS) 57th Annual Fall Scientific Symposium pointing to a new dosing approach for the patients most at risk of hearing side effects. The study found that spacing teprotumumab infusions six weeks apart, rather than the standard three, may protect hearing in TED patients who already have hearing loss, without giving up the benefits of treatment. The symposium took place October 8–9, 2026, at the Hyatt Regency New Orleans.

Teprotumumab (TEPEZZA®) is the first FDA-approved medicine for TED, an autoimmune condition that can cause eye bulging, inflammation, double vision, and changes in appearance. The FDA-approved regimen is eight infusions given three weeks apart.

Hearing-related side effects have been reported in about 10% of patients in the phase 2 and phase 3 clinical trials, and in as many as 50% of "high-risk" patients who have hearing problems before treatment begins. There has been no established protocol designed specifically for TED patients with existing hearing loss. To help close that gap, Dr. Douglas and his team studied whether a longer interval between infusions could better protect these patients' hearing.

The longer interval made a measurable difference. Patients on a six-week schedule were more than 60% less likely to experience a decline in their hearing. At 24 weeks, nearly half of patients on the standard three-week schedule (45%, 9 of 20) showed a clinically significant decline on formal audiometry, compared with about one in six on the six-week schedule.

Importantly, the longer interval did not appear to reduce the effectiveness of treatment. The two groups showed no significant differences in improvement in inflammation, eye bulging, or double vision.

"When we began studying the biology of thyroid eye disease decades ago, there was no approved treatment to offer patients. Today teprotumumab has changed what's possible for them, and our work isn't finished," said Dr. Raymond Douglas. "Patients who already live with hearing loss have told us this side effect is their greatest concern. These results suggest that for this higher-risk group, spacing infusions further apart may help protect hearing without giving up the benefits of treatment. It is humbling to keep finding ways to make these therapies better and safer for the patients who trust us with their care. This work is also an important reminder to monitor hearing and other potential side effects closely, before and throughout treatment."

Additionally, Dr. Douglas and longtime collaborator Terry J. Smith, MD, were presented with this year's ASOPRS Outstanding Contribution Award for their years of research on thyroid eye disease. The award recognizes members whose project-based work makes a significant contribution to the Society or the field, beyond service and committee work. Dr. Douglas began his TED research during his fellowship at UCLA under Drs. Robert Goldberg and Terry Smith, launching more than two decades of work on the IGF-1R pathway that contributed to the development of teprotumumab.

About the Study

Dr. Douglas and his team reviewed 38 consecutive TED patients treated with teprotumumab, all of whom had hearing loss confirmed by formal audiometry before their first infusion. Patients with existing hearing loss were offered the option of the six-week schedule, resulting in two groups similar in age and sex:

- Six-week schedule: 18 patients (13 women, 5 men; average age 57)

- Standard three-week schedule: 20 patients (16 women, 4 men; average age 57)

Each patient's hearing was tested with audiometry, the gold standard for measuring hearing, before treatment and again at 24 weeks. A clinically significant change was defined using American Speech-Language-Hearing Association (ASHA) criteria. The team also tracked whether treatment remained effective by measuring inflammation, eye bulging, and double vision.

The findings add to growing evidence that hearing should be tested before teprotumumab begins and monitored throughout treatment, and they point to a longer infusion interval as a promising option for patients at higher risk. Because this was a retrospective study of a relatively small group, the researchers note that larger prospective studies are needed to confirm the results.

Presentation Details

- Title: Extended 6-Week Teprotumumab Interval Reduces Audiometric Deterioration Compared to a Standard 3-Week Interval Schedule

- Presenting Author: Shoaib Ugradar, MD

- Authors: Raymond S Douglas, MD, PhD, Shoaib Ugradar, MD, Anthony Wong, MD, Pershanjit Raika, MBBS, Raymond N Douglas, Tasmin Sazzad, Madison Chan

- Meeting: ASOPRS 57th Annual Fall Scientific Symposium

- Date/Time: October 8-9, 2026

- Location: Hyatt Regency New Orleans, New Orleans, Louisiana

About Raymond Douglas, MD, PhD

Raymond Douglas, MD, PhD, is a board-certified oculoplastic surgeon and internationally recognized thyroid eye disease specialist based in Beverly Hills, California, with practices in Southern California and Las Vegas. He was one of the lead scientists in the development of teprotumumab and served as principal investigator of the international clinical trials that led to its FDA approval, and he was the first physician in the world to treat patients with the medicine after approval. Dr. Douglas earned his medical degree and a doctorate in immunology from the University of Pennsylvania and completed fellowship training in orbitofacial plastic and reconstructive surgery at the UCLA Stein Eye Institute.

Learn more at raymonddouglasmd.com.

References

- Smith TJ, et al. Teprotumumab for Thyroid-Associated Ophthalmopathy. N Engl J Med. 2017;376(18):1748-1761. doi:10.1056/NEJMoa1614949

- Douglas RS, et al. Teprotumumab for the Treatment of Active Thyroid Eye Disease. N Engl J Med. 2020;382(4):341-352. doi:10.1056/NEJMoa1910434

- Keen JA, et al. Frequency and Patterns of Hearing Dysfunction in Patients Treated with Teprotumumab. Ophthalmology. 2024;131(1):30-36. doi:10.1016/j.ophtha.2023.08.001

TEPEZZA® is a registered trademark of its owner. This research was not presented as an endorsement of any change to the FDA-approved dosing schedule.

Patients should not change their treatment schedule on their own. Anyone receiving or considering teprotumumab should talk with their physician about hearing monitoring and the dosing approach that is right for them.

Media Contact

Morgan Douglas / Marketing Director

248-767-8444 / [email protected]

SOURCE Dr. Raymond Douglas, MD, PhD

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HAUPPAUGE, N.Y., Oct. 12, 2026 /PRNewswire/ -- SightMD is proud to announce that Susan Fromer, MD, a board-certified ophthalmologist with more than 30 years of experience, has joined its New York physician team and is now seeing patients at the Harrison office.

Dr. Fromer specializes in comprehensive ophthalmology, cataract surgery, glaucoma management, and the diagnosis and treatment of a wide range of eye conditions. Throughout her distinguished career, she has been recognized for her compassionate, patient-centered approach and her commitment to building lasting relationships with patients while delivering advanced medical and surgical eye care.

In addition to caring for thousands of patients throughout her career, Dr. Fromer has served as a mentor to ophthalmology and optometric residents, helping educate future generations of eye care professionals. She has also devoted many years to serving as a New York City Police Surgeon, providing care for the men and women who serve and protect the community.

"We are thrilled to welcome Dr. Fromer to the SightMD NY family," said Brad Kligman, MD, Chief Medical Officer of SightMD. "Her exceptional clinical expertise, dedication to compassionate patient care, and longstanding commitment to serving the community make her an outstanding addition to our physician team. Patients throughout Westchester will benefit from her decades of experience and personalized approach to eye care."

Dr. Fromer earned her medical degree with honors in Medicine and Psychiatry from New York University and completed advanced training in glaucoma and anterior segment surgery. She is board certified in ophthalmology and is a member of the American Academy of Ophthalmology, the New York State Society of Ophthalmology, and several other leading professional organizations.

"Joining SightMD is an exciting opportunity to continue doing what I love most—building meaningful, long-term relationships with my patients while delivering exceptional eye care," said Dr. Fromer. "I'm honored to become part of the community and look forward to caring for patients and their families for years to come. It is a privilege to help people protect their vision and improve their quality of life through compassionate, personalized care."

Patients can now schedule appointments with Dr. Fromer at SightMD's Harrison, New York location for comprehensive eye exams, cataract evaluations, glaucoma care, and treatment for a wide range of medical eye conditions.

For more information or to schedule an appointment with Dr. Fromer at the Harrison office, please visit www.SightMD.com or call (914) 949-9200.

SightMD New York is actively seeking ophthalmology professionals who are interested in joining its outstanding team. If you are an ophthalmology practice owner interested in merging or selling your practice, please contact the Chief Medical Officer, Brad Kligman, MD, at [email protected].

About SightMD New York

SightMD is a rapidly-growing integrated ophthalmic group, offering patients access to over 100 doctors through the convenience of 38 locations across New York. SightMD's track record of providing clinically-excellent care spans over 50 years, and its services include LASIK laser vision correction, laser cataract surgery and lens implantation, oculoplastic surgery, general eye exams, glaucoma management, retinal disorder treatment, corneal services, neuro-ophthalmology, pediatric ophthalmology, and audiology. Sight Growth Partners is the administrative services provider for SightMD as well as SightMD Connecticut, SightMD Massachusetts, SightMD New Jersey, and SightMD Pennsylvania. For more information about SightMD, please visit sightmd.com

SOURCE SightMD

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