UPG Enterprises LLC Announces Next Steps in Sale Process

UPG files voluntary Chapter 11 petitions to facilitate free-and-clear sales

Up to $6.1 million arranged in new/continuing financing to enable continued operations

and maximize value for all stakeholders

Chapter 11 cases pertain solely to certain U.S. operations; UPG's international operations and UPG Electrical and its subsidiaries are unaffected

OAK BROOK, Ill., Sept. 22, 2026 /PRNewswire/ -- UPG Enterprises LLC ("UPG" or the "Company") today announced that, together with certain of its affiliates, it has filed voluntary petitions to commence Chapter 11 proceedings in the U.S. Bankruptcy Court for the Northern District of Illinois. UPG is in the process of marketing its assets to a number of interested parties and expects the Chapter 11 process to generate further interest in the sale process.

In addition to enabling a swift, orderly process that will provide interested parties the opportunity to submit higher and better offers, Chapter 11 will also allow UPG to access up to $6.1 million in debtor-in-possession financing from Firehorse Capital LLC to support the process, subject to Court approval. In addition, UPG's operating subsidiaries expect to continue to use cash generated by their businesses to fund continued operations.

"Today, we are announcing a series of steps intended to maximize value for UPG's stakeholders through going-concern sales," said Chief Restructuring Officer John Sordillo. "Free-and-clear sales facilitated through Chapter 11 will enable future investment in these assets under new ownership. During this process, we expect to preserve UPG's valuable business relationships with customers, employees and partners."

The decision to pursue sales through Chapter 11 follows a thorough evaluation of strategic alternatives and a pre-petition marketing process conducted by UPG and its external advisors. In accordance with the procedure contemplated under Section 363 of the U.S. Bankruptcy Code, the Company will solicit competing bids from interested parties to achieve the highest and best value for UPG's assets. UPG intends to complete the sale processes within the next 60 days, subject to Court approval.

UPG has filed certain customary "First Day" motions with the Court that will enable it to continue operating as usual throughout this process, including by providing wages and benefits to employees and meeting commitments to customers and vendors.

UPG's global operations will continue without interruption during the Chapter 11 cases, with the Company's international operations remaining outside the Court-supervised restructuring process. In addition, UPG Electrical and subsidiaries will remain outside of the Court-supervised restructuring process.

Court filings and additional information related to the proceedings are available at https://dm.epiq11.com/UPG. Stakeholders with questions can contact Epiq, the Company's claims and noticing agent, at (877) 359-5876 (Toll Free for U.S. and Canada) or +1 (971) 257-1424 (International).

UPG is being advised by SC&H Capital as investment banker, Glass Ratner as financial advisor, Morris, Nichols, Arsht & Tunnell LLP as legal counsel, and Teneo as strategic communications advisor.

About UPG Enterprises LLC

UPG Enterprises LLC is the operator of a diverse set of industrial companies focused on steel processing and production, manufacturing, distribution, and logistics, operating at over twenty locations throughout North America. To learn more, visit www.upgllc.com.

Media Contact

[email protected]

SOURCE UPG Enterprises LLC

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Royal Caribbean Group Investment to Advance Sandals and Beaches' Growth and Broaden the Group's Vacation Portfolio

MONTEGO BAY, Jamaica and MIAMI, Sept. 23, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) and Sandals Resorts today announced the signing of an agreement to form a partnership in the all-inclusive resort space with a 50% investment from Royal Caribbean Group. Building on Sandals and Beaches Resorts' more than four decades of leadership in Caribbean hospitality, the joint venture will create new opportunities for continued resort growth while broadening the experiences across Royal Caribbean Group's vacation platform.

The partnership brings together two of the travel industry's most celebrated vacation companies, pairing Sandals and Beaches' all-inclusive resort expertise with Royal Caribbean Group's vacation platform, including industry-leading brands – Royal Caribbean, Celebrity Cruises and Silversea – a portfolio of private destinations, new river cruising offering, and an industry-first loyalty program. United in a shared history in the Caribbean and connected by a love for their communities, the companies will offer travelers an unparalleled collection of cruise, private destination and resort experiences, serving guests across more vacation occasions and establishing their undisputed leadership in Caribbean vacations.

The joint venture expands Royal Caribbean Group into an adjacent vacation category, growing its participation in the approximately $2 trillion global vacation market, and meets the growing global demand for Sandals and Beaches Resorts by accelerating their expansion. The partnership will include Sandals and Beaches' collection of premier all-inclusive properties across the Caribbean, and the companies will explore opportunities to broaden distribution, deepen guest engagement, and make it easier for travelers to discover vacation experiences offered across both portfolios.

"For nearly 60 years, we've reimagined what a vacation can be, constantly expanding the ways we inspire our guests to explore, connect and create lifelong memories," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "We have been building a vacation platform that brings joy to millions of people around the world and creates meaningful relationships that last with our guests. Our partnership with Sandals and Beaches Resorts is an important next step on that journey - bringing together two iconic leading vacation companies to further strengthen and grow one of the most admired resort portfolios in the world. The Stewart family has created powerful and beloved brands, and we are honored to build on that legacy. Together, we see tremendous opportunity to expand the reach of Sandals and Beaches Resorts and continue turning the vacation of a lifetime into a lifetime of vacations."

"My father, Gordon 'Butch' Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality. Today is proof of how far that vision can go," said Adam Stewart, Executive Chairman of Sandals Resorts and Beaches Resorts. "This partnership is the natural next step in building on that conviction. It gives us the ability to grow faster with a partner that shares our values of exceptional hospitality, long-term investment, and the power of enduring brands. Together, we will introduce more guests to Sandals and Beaches Resorts while creating even more extraordinary experiences for those who have made our resorts part of their lives for decades." Stewart added, "As we continue to grow, we will remain true to what has always defined us: delivering authentic vacations that exceed expectations while creating opportunities for our team members, travel advisor partners and the communities we call home. The future has never been brighter, and I know this moment would make my father incredibly proud."

The joint venture will be governed by a board under the shared leadership of Stewart and Liberty. Stewart will maintain a leadership role in guiding the company's long-term strategic growth as Executive Chairman of Sandals and Beaches Resorts. Existing reservations, loyalty programs, resort operations and cruise operations will continue as usual, with the partnership bringing additional resources to support future opportunities.

Under the terms of the agreement, Royal Caribbean Group will acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3 billion, representing a forward EBITDA multiple of approximately 10x. Royal Caribbean Group has secured committed debt financing from Morgan Stanley to fund the investment. The transaction is expected to close in early 2027, subject to customary approvals and closing conditions, and is expected to be accretive to earnings next year.

BofA Securities and PJT Partners acted as financial advisors, and Latham & Watkins and Jones Day acted as legal advisors to the Sandals Group. Perella Weinberg Partners and Morgan Stanley acted as financial advisors and Kirkland & Ellis LLP acted as legal advisor to Royal Caribbean Group.

About Royal Caribbean Group

Royal Caribbean Group is a leading global vacation company spanning cruise, one-of-a-kind destinations, and land-based vacation experiences. The company operates 71 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands. 

The Group is expanding its portfolio of private destinations through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.

Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.

About Sandals Resorts and Beaches Resorts

Sandals and Beaches Resorts are rooted in the vibrancy, warmth and spirit of the Caribbean, redefining the region's all-inclusive experience for more than four decades. Sandals Resorts is the adults-only all-inclusive brand with beachfront resorts across Jamaica, Antigua, Saint Lucia, The Bahamas, Barbados, Grenada, Curaçao, and Saint Vincent and The Grenadines. From local flavors and global cuisine to butler service, signature suites and the Caribbean's first Overwater Villas, Sandals pairs elevated experiences with the distinctive spirit of each island.

Beaches Resorts is the family all-inclusive designed for how families travel today, with resorts in Negril, Jamaica and Turks and Caicos, and coming soon to Exuma, The Bahamas; Barbados; Runaway Bay, Jamaica; and Saint Vincent and The Grenadines. Multi-bedroom villas, vibrant dining and entertainment, waterparks and award-winning Kids Camps, including autism-friendly programming, make Beaches a natural choice for families and multigenerational groups to vacation together.

For more information, visit www.sandals.com and www.beaches.com.

Beyond the resorts, Sandals Foundation, the brands' nonprofit philanthropic arm, works to strengthen Caribbean communities through programs focused on education, community and the environment. To learn more about its impact across the region, visit www.sandalsfoundation.org.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this press release relating to, among other things, the proposed partnership between Royal Caribbean Group and Sandals Resorts and our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to statements regarding the benefits and expected impact of the proposed joint venture, including the timing of closing of the transaction, earnings impact, and financing arrangements; anticipated growth, expansion and future opportunities for Sandals and Beaches Resorts; and expectations regarding continuity of existing reservations, loyalty programs, and resort operations. Words such as "anticipate, "committed," "could," "expect," "position," "will," "would," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements.

—Building an Intelligent Connectivity Foundation to Accelerate Intelligent Transformation

SHANGHAI, Sept. 23, 2026 /PRNewswire/ -- On September 17, 2026, during HUAWEI CONNECT 2026, a high-profile session themed "Intelligent WAN, Building an Intelligent Connectivity Foundation" was held in Shanghai. Dozens of infrastructure managers, industry leaders, and experts gathered to discuss the importance and urgency of building a foundation for intelligent connectivity and the planning and deployment of intelligent WANs in the AI era.

Colin Hu, Vice President of Huawei's Global Public Sector BU, stated in his opening remarks that global networks across diverse sectors face the dual challenges of extending coverage and enabling agile AI deployment. AI integration across all sectors is accelerating, which is placing higher demands on network security, coverage, real-time performance, and deterministic assurance. Meanwhile, issues such as network coverage gaps and digital service disparities persist, particularly in remote and underserved areas. To meet evolving needs, network deployment must strike a balance between inclusive coverage and intelligence, building a solid intelligent WAN foundation.

Dustin Kehoe, Head of AMEA Tech Research, GlobalData, highlighted that AI demands a fundamental modernization of WAN architecture to handle explosive and unpredictable traffic spikes. Legacy networks cannot cope with the massive, real-time data flows AI requires. AI workloads call for highly distributed, edge-enabled frameworks that process data closer to the source, reducing latency and optimizing bandwidth. Intelligent WANs must also deliver a deterministic experience, backed by granular performance guarantees. This trend redefines the requirements for intelligent WANs.

Ado, CEO of Huawei's Wide Area Network Domain noted that the advent of the agentic AI era is shifting the network paradigm: network connections are shifting from humans to agents; traffic patterns are shifting from heavy downlink traffic to massive uplink traffic; and network experience assurance is expanding from specific applications to the entire agent workflow. Conventional connectivity pipelines need to evolve and provide an intelligent connectivity foundation in the AI era. He recommended that top-level planning be prioritized across sectors, with a focus on upgrading backbone network experience, security, and devices. Improved experience requires intelligent awareness, proactive prediction, and precise flow-level scheduling to deliver intelligent, uninterrupted deterministic experiences for users and agents. Security requires a comprehensive approach including devices with built-in security, end-to-end encryption, quantum-resistant links, network-security collaboration, and automated closed-loop management. Devices must be equipped with AI-native capabilities to enable intelligent, robust connectivity and strengthen the network foundation.

Ethan Liu, Vice President of the Router Domain of Huawei's Data Communication Product Line, said the Stellar AI Integrated Data WAN Solution offers four capabilities to support intelligent transformation: converged ultra-broadband, which eliminates bandwidth bottlenecks for a highly efficient multi-purpose network; multi-dimensional awareness, which optimizes computing power delivery to support the efficient rollout of AI computing services; security and resilience, including proactive defenses for networks; and network autonomy to transform traditional O&M to enable self-healing within minutes.

Nick Liu, Vice President of Huawei's Enterprise Optical Domain, delivered a keynote speech. He noted that Huawei has proposed a national fiber target network, characterized by ultra-broadband, flexibility, security, reliability, and intelligent O&M. Cutting-edge technologies—including 400G/800G, all-optical cross-connect (OXC), OTN-QKD integration, 50 ms WSON, AI-DAS, and NOEMate—can be used to build national information highways. Huawei calls for collaborative efforts to deploy national all-optical backbone networks, ultimately enabling inclusive connectivity and advancing national digital and intelligent strategies.

At the session, leading experts across relevant fields shared best practices and forward-looking insights regarding network planning and deployment. During the event, Huawei, in collaboration with GlobalData, released the Intelligent WAN White Paper in AI Era, offering a systematic analysis of industry trends, WAN target architecture, and evolution roadmap in the AI era to help customers accelerate their transition to the agentic AI era.

Looking ahead, Huawei will continue to leverage its strengths in network infrastructure, collaborating with partners and customers to drive AI-era intelligent transformation across industries.

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New Annual Report Finds Ventura County Nonprofit Sector Strong at its Foundation, but Under Resourced

VENTURA COUNTY, Calif., Sept. 22, 2026 /PRNewswire/ -- The Center for Nonprofit Leadership (CNL) at California Lutheran University has released its 2026 Ventura County Nonprofit Sector Report: Assessing the Financial Health and Resilience of Ventura County's Nonprofit Sector, the first comprehensive, system-level assessment of the financial health of the county's nonprofit ecosystem.

The report finds that Ventura County has a strong and increasingly mature nonprofit infrastructure, but that organizations are operating with significantly fewer financial resources than needed to fully meet community needs. In 2024, Ventura County nonprofits generated more than $3.6 billion in economic activity—approximately 5% of the county's gross domestic product.

"The findings tell an encouraging—but cautionary—story. Ventura County's nonprofit sector has demonstrated significant resilience, but persistent under-capitalization, operating deficits and limited philanthropic investment continue to constrain its ability to build reserves, invest in people and infrastructure, and prepare for future community needs," said Dena Jenson, Executive Director, California Lutheran University Center for Nonprofit Leadership.  

Using the Ventura County Nonprofit Financial Health Index, the report examines financial and workforce trends from 2019 through 2024 across eight dimensions of nonprofit health. Key findings include:

- A strong nonprofit foundation: Ventura County has a healthy mix of small, mid-sized and larger organizations, with little evidence of the "missing middle." Nearly one in four operating nonprofits now has $500,000 or more in annual revenue.

- A significant capacity gap: Ventura County has roughly the same number of nonprofits per resident as California, but nonprofit revenue and assets per resident remain substantially below statewide levels. Estimated 2024 nonprofit revenue was approximately $4,388 per resident, or about 37% of California's level, while assets were approximately $5,836 per resident, about 29% of California's level.

- Persistent financial strain: An estimated 46% of Ventura County operating nonprofits experienced an operating deficit in 2024, the highest rate recorded during the period studied.

- Philanthropic investment remains fragile: Giving has increased since 2019, but estimated charitable giving was only $186 per Ventura County resident in 2024—approximately one-third of California and U.S. levels. Funding also remains concentrated among a relatively small number of major funders.

The report concludes that Ventura County does not lack capable nonprofit organizations; rather, the sector needs greater financial investment and capacity-building to fully realize the potential of the organizations already serving the community.

"Ventura County does not have a shortage of capable nonprofit organizations. It has a shortage of the resources those organizations need to reach their potential. That matters because the financial health of our nonprofit sector is not inevitable—it is a choice we make as a community," said Steve Goodall, author of the report.

The report drew its data from Candid.org, a nationally recognized leader in nonprofit data and transparency. Candid aggregates financial data from the IRS, providing researchers, funders, and organizations with a comprehensive view of philanthropy across the U.S. Workforce indicators incorporate data from the Ventura County Civic Alliance's State of the Region reports.

The 2026 Ventura County Nonprofit Sector Report: Assessing the Financial Health and Resilience of Ventura County's Nonprofit Sector will be officially released at the report launch event on Monday, September 28, from 9–11 a.m. at the Lundring Center at California Lutheran University. Author Goodall, past President and CEO of J.D. Power and Associates, will present and discuss the report's findings, followed by a panel discussion moderated by Elena Brokaw; Executive Director of Museum of Ventura County, featuring Sevet Johnson; County Executive Officer at County of Ventura, Janet Garufis; Chairman and CEO of Montecito Bank & Trust, Erik Nasarenko; District Attorney at County of Ventura, Drew Powers; City Manager of the City of Thousand Oaks, Martita Martinez-Bravo; Councilmember, City of Camarillo  Executive Director, Friends of Fieldworkers, and Scott Heimlich; President of Amgen Foundation & Executive Director, Philanthropy, Amgen.

The event will provide nonprofit leaders, funders, policymakers and community stakeholders an opportunity to explore what the findings mean for Ventura County and how the community can strengthen the financial resilience of the nonprofit sector.

To attend, please reach out to Sophia Coffaro at [email protected] or Brewster King at [email protected].

About California Lutheran University: 

Founded in 1959 and federally recognized as a Hispanic-Serving Institution since 2016, California Lutheran University is home to over 2,200 undergraduate and 1,000 graduate students. Our students come from 58 countries and represent many faiths and spiritualities. Our dedicated, accomplished faculty teach in small classes, guiding our students as they grow into open-minded leaders who are strong in character and judgment, confident in their identity and vocation, and committed to service and justice. Everyone at Cal Lutheran is committed to helping students pursue their passions, discover their purpose and transform their communities. Learn more at CalLutheran.edu.

About the Center for Nonprofit Leadership:

As the only management training center of its kind in the region, the Center for Nonprofit Leadership provides practical and affordable professional development opportunities for nonprofit leaders serving Ventura and Santa Barbara Counties. The CNL focuses on offering training, technical assistance, and access to research materials to help strengthen the leadership of nonprofit organizations throughout the Central Coast. For more information, visit http://www.callutheran.edu/nonprofit or contact the Center at (805) 493-3740 or email [email protected].

Media Contact: 

Sophia Coffaro, Marketing & Membership Specialist,

(805) 493-3959,

[email protected]

SOURCE California Lutheran University Center for Nonprofit Leadership

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National class action law firm offers free, confidential case evaluations to Boston Capital Holdings LP investors, tenants, partners, and others whose personal information may have been exposed in the reported data breach.

NEWTOWN, Pa., Sept. 22, 2026 /PRNewswire/ -- Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from a reported data breach at Boston Capital Holdings LP. Anyone who has received a data breach notice from Boston Capital Holdings, or who believes their personal information may have been exposed, can request a free case evaluation.

Boston Capital Holdings data breach — at a glance

- Company: Boston Capital Holdings LP, a privately held real estate investment and financial services firm headquartered in Boston, Massachusetts, focused on multifamily and affordable-housing investments, real estate financing, and tax-exempt bond operations across the United States.

- Reported: The company notified affected individuals of the incident by letter dated May 18, 2026, and reported the incident to state regulators.

- How it reportedly happened: According to public accounts, a sophisticated cyber actor gained unauthorized access to files by exploiting cloud services and may have acquired personal information. The ransomware group LeakNet has claimed responsibility, though Boston Capital and regulators have not confirmed the claim.

- When: The breach is reported to have occurred on or about January 16, 2026. The company reportedly began reviewing a claim of potential unauthorized access on February 12, 2026, and issued consumer notifications on May 18, 2026.

- Who may be affected: Approximately 16,000 individuals across multiple states.

- Status: Certain details of the incident, including its full scope and the attacker's identity, remain unconfirmed or have not been publicly detailed.

- Cost to you: Nothing. Click here for a free evaluation.

What Happened

According to public accounts, Boston Capital Holdings LP disclosed that a sophisticated cyber actor gained unauthorized access to files, reportedly by exploiting cloud services. Reports indicate the incident occurred on or about January 16, 2026, and that the company began reviewing a claim of potential unauthorized access on February 12, 2026.

The company's notification letter, dated May 18, 2026, describes the incident as involving a sophisticated cyber actor but does not name the attacker or characterize the incident as ransomware. Separately, the ransomware group LeakNet has claimed responsibility for the attack. That claim is an attacker-side allegation and has not been confirmed by Boston Capital or any regulator.

Important details — including the incident's true scope, the specific data involved for each individual, and the identity of the responsible party — have not been fully confirmed publicly.

What Personal Information May Be at Risk

Based on public accounts and regulatory filings, the information potentially involved varied by individual and may include:

- Names

- Social Security numbers

- Driver's license numbers

- Passport numbers

- Other government-issued identification numbers

- Financial account information (without access codes)

Firms that handle real estate and financial transactions maintain highly sensitive personal and financial information. Exposing Social Security numbers, passport numbers, and government identification, combined with financial account information, can increase the risk of identity theft, fraudulent account creation, tax fraud, and other misuse.

Who May Be Affected

The investigation focuses on Boston Capital Holdings investors, tenants, business partners, and others whose personal information the company maintained. Anyone who has received a data breach notification connected to this incident may face an increased risk of identity theft and fraud and is encouraged to come forward.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the reported breach. A successful case could recover compensation for losses such as lost time, out-of-pocket costs, and loss of privacy, and could push Boston Capital Holdings to strengthen how it protects personal information. The firm will evaluate your rights and potential claims at no cost.

Recommended Steps to Protect Yourself

- Review your account statements and credit reports regularly and stay alert for suspicious activity.

- Confirm whether your information was involved in the Boston Capital Holdings incident.

- Preserve any letters or emails you received about the breach.

- If credit monitoring was offered in your notice, consider enrolling before the stated deadline, and consider placing a fraud alert or security freeze with the three major credit bureaus.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492; Email: [email protected]; Web: www.edelson-law.com.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud.

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee a similar outcome. The reported data breach described above, and certain details concerning it, remain unconfirmed.

SOURCE Edelson Lechtzin LLP

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National class action law firm offers free, confidential case evaluations to Affordable Mortgage Advisors (HMA Mortgage) customers whose personal information may have been exposed in the reported data breach.

NEWTOWN, Pa., Sept. 22, 2026 /PRNewswire/ -- Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from a reported data breach at Affordable Mortgage Advisors LLC, which does business as HMA Mortgage. Anyone who has received a data breach notice from Affordable Mortgage Advisors or HMA Mortgage, or who believes their personal information may have been exposed, can request a free case evaluation.

Affordable Mortgage Advisors data breach — at a glance

- Company: Affordable Mortgage Advisors LLC, a Pittsburgh-based, privately owned retail mortgage lender doing business as HMA Mortgage, originating home-purchase and refinancing loans across multiple U.S. states.

- Reported: The incident was disclosed to the Massachusetts Office of Consumer Affairs and Business Regulation on September 18, 2026, and reported to state regulators.

- How it reportedly happened: According to public accounts, an unauthorized actor gained access to Affordable Mortgage Advisors' computer systems and may have acquired files containing personal information.

- When: The unauthorized access is reported to have occurred between July 7, 2025, and September 9, 2025. The company reportedly discovered the incident on or about August 25, 2025, and completed its review of the affected data on August 21, 2026.

- Who may be affected: Regulatory filings identify 957 Texas residents and at least one Massachusetts resident, with additional individuals potentially affected nationwide.

- Status: Certain details of the incident, including its full scope and total number of people affected, remain unconfirmed or have not been publicly detailed.

- Cost to you: Nothing. Click HERE for a free evaluation.

What Happened

According to public accounts, Affordable Mortgage Advisors LLC, doing business as HMA Mortgage, disclosed that an unauthorized actor accessed its computer systems. Reports indicate the unauthorized access occurred between July 7, 2025, and September 9, 2025, and that the company discovered the incident on or about August 25, 2025.

The company reportedly launched a forensic investigation with outside cybersecurity professionals and, after completing a comprehensive review on August 21, 2026, determined that personal information may have been affected. Affordable Mortgage Advisors disclosed the incident to the Massachusetts Office of Consumer Affairs and Business Regulation on September 18, 2026.

Important details — including the incident's true scope, the specific data involved for each individual, and the total number of people affected nationwide — have not been fully confirmed publicly.

What Personal Information May Be at Risk

Based on public accounts and regulatory filings, the information potentially involved may include:

- Names

- Addresses

- Social Security numbers

- Financial account information, such as credit and debit card numbers

Mortgage lenders maintain highly sensitive personal and financial information. Exposing Social Security numbers, combined with financial account information, can increase the risk of identity theft, fraudulent account creation, tax fraud, unauthorized transactions, and other misuse. Affected individuals should treat any breach notification they receive seriously.

Who May Be Affected

The investigation focuses on current and former Affordable Mortgage Advisors and HMA Mortgage customers whose personal information the company maintained. Anyone who has received a data breach notification connected to this incident may face an increased risk of identity theft and fraud and is encouraged to come forward.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the reported breach. A successful case could recover compensation for losses such as lost time, out-of-pocket costs, and loss of privacy, and could push Affordable Mortgage Advisors to strengthen how it protects personal information. The firm will evaluate your rights and potential claims at no cost.

Recommended Steps to Protect Yourself

- Review your account statements and credit reports regularly and stay alert for suspicious activity.

- Confirm whether your information was involved in the Affordable Mortgage Advisors incident.

- Preserve any letters or emails you received about the breach.

- If credit monitoring was offered in your notice, consider enrolling, and consider placing a fraud alert or security freeze with the three major credit bureaus.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492; Email: [email protected]; Web: www.edelson-law.com.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud.

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee a similar outcome. The reported data breach described above, and certain details concerning it, remain unconfirmed.

SOURCE Edelson Lechtzin LLP

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PATEO Signs Strategic MoU with Arm to Advance Physical AI Innovation

SHANGHAI, Sept. 22, 2026 /PRNewswire/ -- PATEO (02889.HK) recently signed a strategic cooperation Memorandum of Understanding (MoU) with Arm to advance innovation in physical AI. As part of this collaboration, PATEO and Arm will explore innovative solutions for physical AI applications, including next-generation AI-enabled workloads for automotive that enable perception-driven and interaction-driven intelligence.

Industry Trend: AI is Moving into the Physical World, with Automobiles Emerging as a Key Platform

Physical AI is rapidly entering a new phase of industrial deployment, capable of real-time interaction between intelligent agents and the physical world and enabling machines to perform perception, understanding, decision-making, and action in a closed-loop system. This allows them to operate autonomously and continuously adapt in complex environments. As mobile intelligent terminals that integrate sensing, computing, connectivity, and control, vehicles are emerging as one of the most scalable application domains for physical AI.

As intelligent vehicles evolve from isolated feature innovations to holistic intelligent experiences, in-vehicle AI workloads are expanding beyond traditional applications such as voice assistants, navigation, and infotainment to encompass increasingly sophisticated scenarios, including multimodal perception, cockpit-driving integration, real-time interaction, and in-vehicle AI agents.

This evolution places greater demands on underlying computing platforms. In addition to delivering high computing power, these platforms also need to provide low power consumption, real-time responsiveness, reliability, and functional safety. Achieving this requires close collaboration across IP, chips, operating systems, algorithms, applications, and cloud platforms, supported by an open and thriving ecosystem. Computing innovation for physical AI is increasingly becoming an important direction for the next stage of competition in intelligent vehicle development.

Deepening Collaboration to Accelerate Innovation Across the Physical AI Stack

As a global leader in computing platforms, Arm brings extensive expertise in automotive technologies and a broad industry ecosystem. PATEO is a Tier 1 supplier with full-stack capabilities spanning intelligent cockpits and connected vehicle technologies, supported by an integrated technology platform covering software, hardware, chips, and cloud services.

The collaboration will further strengthen innovation between the two companies in intelligent vehicles and physical AI, while providing new momentum for PATEO's integrated "Software, Hardware, Chip, and Cloud" strategy.

Liang Chen, Vice President of PATEO, commented:

"Innovation has always been the core driving force behind PATEO's growth. Today, AI is rapidly evolving from the cloud to the edge computing and entering a new era of physical AI. We believe that open ecosystem collaboration is essential to accelerating the commercialization and adoption of physical AI technologies. The Arm compute platform is already widely deployed across the automotive industry, adopted by a broad software ecosystem, and the company shares a clear vision for the future of physical AI. We are delighted to partner with Arm to explore innovative physical AI applications and work together to foster innovation and growth across the industry."

Building Capabilities: Accelerating Progress Towards "AI-Defined Vehicles"

As an AI-driven company, PATEO has long recognized that AI is evolving from the cloud to the edge and from standalone capabilities to holistic vehicle intelligence. The company also foresaw that AI would increasingly become a defining factor in shaping vehicle experiences and competitive differentiation.

Based on this vision, PATEO established its "AI-Defined Vehicles" development philosophy and has continued to increase investment in physical AI in recent years, building a comprehensive foundation spanning technology architecture, product platforms, and mass-production deployment. Commercially, PATEO's AI-related business generated approximately RMB 209 million in revenue in the first half of 2026, representing year-on-year growth of 588.6%. This reflects the transition of AI commercialization from proof-of-concept to scaled deployment. At the same time, leveraging its extensive mass-production experience with products such as intelligent cockpit domain controllers, PATEO has developed end-to-end capabilities spanning technology development, platform integration, and large-scale deployment. These capabilities provide a strong foundation for bringing innovative physical AI solutions into real-world applications.

Looking ahead, PATEO will continue to embrace an open and collaborative approach, working closely with industry partners to advance physical AI innovation and accelerate its deployment in in-vehicle scenarios. Together, these efforts will help drive the evolution of intelligent vehicles toward more advanced levels of intelligence, delivering safer, smarter, and more efficient mobility experiences for users around the world.

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- Primary Endpoint Achieved in CBL-0202DD Phase 2 Trial—CBL-514 delivered statistically significant pain reduction across both FAS and PP populations compared with placebo.

- Expansion Opportunity Beyond Dercum's Disease—Study findings support the potential development of CBL-514 for Lipedema, a condition affecting approximately 10% of women globally and representing a market opportunity of more than US$30 billion.

NEW TAIPEI CITY, Sept. 22, 2026 /PRNewswire/ -- Caliway Biopharmaceuticals (TWSE: 6919) on September 21 announced final statistical results from its randomized, single-blind, placebo-controlled Phase 2 clinical trial (CBL-0202DD) evaluating CBL-514 for the treatment of Dercum's Disease (DD), a rare and debilitating disorder characterized by painful lipomas. The study successfully achieved its primary efficacy endpoint, with CBL-514 demonstrating clinically meaningful and statistically significant pain reduction in both the Full Analysis Set (FAS) and Per-Protocol (PP) populations. The results showed robust and durable efficacy, with treatment benefits consistently observed across multiple assessment time points and increasing over all treatment courses.

Phase 2 CBL-0202DD Demonstrated Robust and Sustained Efficacy Across Primary and Secondary Endpoints

The Phase 2 CBL-0202DD trial was designed to evaluate the efficacy and safety of CBL-514 in patients with Dercum's Disease. Final statistical analyses showed clinically significant and sustained reductions in lipoma-associated pain following treatment with CBL-514, while both primary and secondary efficacy endpoints achieved statistical significance.

For the primary efficacy endpoint assessed at Week 20 in the FAS population, patients treated with CBL-514 achieved a mean pain-score reduction of 3.1 points, compared with 1.9 points in the placebo group, representing a statistically significant treatment effect (p=0.005). For the secondary efficacy endpoints assessed at Weeks 16 and 24, patients receiving CBL-514 achieved mean pain-score reductions of 3.5 points and 4.1 points, respectively, compared with a reduction of 1.7 points at both time points in the placebo group. Both comparisons reached statistical significance (p=0.0017 and p0.0001, respectively).

The efficacy findings were further confirmed in the PP population. For the primary efficacy endpoint assessed at Week 20, patients treated with CBL-514 achieved a mean pain-score reduction of 3.1 points, compared with 1.4 points in the placebo group, representing a statistically significant treatment effect (p=0.0002). For the secondary efficacy endpoints assessed at Weeks 16 and 24, patients receiving CBL-514 achieved mean pain-score reductions of 3.5 points and 4.1 points, respectively, compared with a reduction of 1.2 points at both time points in the placebo group. Both comparisons reached statistical significance (p=0.0001 and p0.0001, respectively).

CBL-514 delivered statistically significant and clinically meaningful pain reduction at Weeks 16, 20, and 24. Importantly, the magnitude of response continued to increase over time, supporting the durability of the treatment effect.

Notably, an exploratory analysis in the FAS population showed that approximately 90% of patients treated with CBL-514 achieved a clinically meaningful pain reduction of at least 3 points in more than half of their treated painful lipomas, markedly outperforming placebo. From a safety perspective, CBL-514 was generally well tolerated throughout the study. No drug-related serious adverse events (SAEs) were reported. The most commonly reported treatment-emergent adverse events were mild-to-moderate local injection-site reactions, and the overall safety profile was consistent with expectations for ongoing clinical development.

No Approved Therapies for Dercum's Disease and a Global Market Opportunity Approaching US$20 Billion

Dercum's Disease is a chronic, highly recurrent, and debilitating rare disease characterized by abnormal accumulation of subcutaneous adipose tissue in the trunk and extremities, resulting in painful lipomas or adipose masses. Patients frequently experience persistent pain lasting longer than three months, often accompanied by burning sensations and tenderness that can severely impact daily life. Although the exact cause and underlying pathophysiology of Dercum's Disease remain incompletely understood, growing evidence suggests that abnormalities in adipose tissue metabolism may play an important role in disease development. To date, there are no approved therapies specifically indicated for the treatment of Dercum's Disease, and currently available treatment approaches such as surgical removal provide only temporary symptomatic relief and are often associated with undesirable side effects.

Given the substantial unmet medical need, Dercum's Disease represents a meaningful therapeutic and commercial opportunity. According to market research reports, the global Dercum's Disease market was estimated at approximately US$11.3 billion in 2021 and is projected to reach approximately US$19.96 billion by 2030, representing a compound annual growth rate (CAGR) of approximately 6.76%.

In addition, based on the results of the CBL-0202DD study, several key opinion leaders (KOLs) and potential pharmaceutical partners have recognized the therapeutic potential of CBL-514 in other adipose tissue disorders that share clinical characteristics with Dercum's Disease, including Lipedema. Lipedema is a chronic disorder that predominantly affects women and is characterized by abnormal fat accumulation in the lower extremities and buttocks, frequently accompanied by pain, swelling, and tenderness. Epidemiological and market research data suggest that Lipedema affects approximately 10% of women worldwide, representing a substantial patient population and a potential global market opportunity exceeding US$30 billion. Currently, there are no approved curative therapies for Lipedema, and weight loss alone does not effectively address the underlying pathological fat accumulation.

Based on the promising findings from the Dercum's Disease study, the Company plans to collaborate with clinical experts to further evaluate the feasibility and clinical development strategy of CBL-514 for Lipedema. By leveraging CBL-514's unique mechanism of action as an inducer of adipocyte apoptosis, Caliway aims to expand into additional indications with high unmet medical needs and underserved commercial opportunities, ultimately bringing innovative treatment options to a broader patient population.

About CBL-514

CBL-514 is a patented, first-in-class small-molecule 505(b)(1) injection developed by Caliway. It is designed to selectively induce adipocyte apoptosis to precisely reduce subcutaneous fat at the injection site without causing necrosis or damage to surrounding tissues or cells.

CBL-514 has demonstrated broad therapeutic potential across multiple indications, including non-surgical subcutaneous fat reduction and moderate-to-severe cellulite. A separate formulation, designated as CBL-514D, is being developed for the treatment of Dercum's Disease, a rare disease. To date, more than 544 subjects have participated in clinical trials related to CBL-514. Across the 10 completed clinical trials with finalized statistical reports, all primary and key secondary efficacy endpoints have been met, demonstrating excellent safety and tolerability.

About Caliway Biopharmaceuticals

Caliway Biopharmaceuticals Co., Ltd. (TWSE: 6919), founded in 2012, is dedicated to developing breakthrough therapeutics that redefine standards of care and transform clinical practices. Caliway aims to leverage Taiwan's robust pharmaceutical research and development capabilities to serve the global aesthetic medicine and biomedical markets. The company was officially listed on the Taiwan Stock Exchange (TWSE: 6919) on October 2, 2024.

Disclaimer

This press release and related web pages contain forward-looking statements that are based on the Company's current expectations, forecasts, and assessments. These statements involve risks, uncertainties, and other factors beyond the Company's control. Actual events or results may differ materially from those projected in these forward-looking statements due to various external factors. Caliway undertakes no obligation to update or revise any information in this press release.

Media & Investor Relations Contact

[email protected]

SOURCE Caliway Biopharmaceuticals

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At its premier event SIG NEXT, SIG SAUER unveiled a new era of performance with the P385 pistol

NEWINGTON, N.H., Sept. 22, 2026 /PRNewswire/ -- SIG SAUER, an industry-leading manufacturer of cutting-edge firearms, electro-optics, ammunition, and advanced concepts, introduced today the all-new P385 pistol. Unveiled at the premier SIG NEXT event, the SIG SAUER P385 delivers a dramatically reduced felt recoil for a softer, flatter, and faster shooting experience and provides maximum modularity with its innovative new fire control unit (FCU).

"SIG NEXT brings together many of our top partners at one of our premier events of the year," said Robby Johnson, Executive Vice President and Chief Marketing Officer, SIG SAUER. "It's an opportunity to not only showcase our latest innovation in firearms and electro-optics but also our latest technologies in R&D, Engineering, and Advanced Manufacturing and provide a behind-the-scenes look into SIG SAUER."

SIG SAUER P385

Built with performance at its core, the P385 features the new SIG Recoil Dampening System, a low bore axis, and a precision cut carbon steel barrel for extreme accuracy. As a result, muzzle rise is reduced by 20 percent or more, depending on the specific P385 model. Along with its new FCU, the P385 includes a new SIG SAUER Trigger Block for a smooth, clean trigger press and pairs with the new MAGSTRAP grip module for easy customization both in grip length and hand size.

"The all-new SIG SAUER P385 was developed from the ground-up," said Eric McKenzie, Director of Commercial Product Management, SIG SAUER. "We're driven to innovate, and the P385 delivers a new era of performance, accuracy, and innovation with several new features."

Available in black and coyote brown, all models of the new striker fired pistol are SIG-LOC optic-ready, feature fully ambidextrous controls, and have an optional manual thumb safety. The P385 will be available in stores this fall and early winter with the lineup including the P385-MACH3D, P385-COMP, P385-FULL, P385-CARRY, and P385-COMPACT.

SIG NEXT

SIG NEXT is an innovation showcase and immersive brand experience. More than a product launch, SIG NEXT is an invitation-only event that includes the SIG SAUER Manufacturing Experience and Tour, product presentations, and hands-on range time at the SIG SAUER Academy shooting the latest products. Attendees include top customers and media partners.

During SIG NEXT, SIG SAUER unveiled an expansion to its successful P211, which now includes the P211-FULL and P211-CARRY. The two new P211 pistols feature a polymer grip module and aluminum frame and are built off the highly sought after SIG SAUER P211-GTO, GT5, and GT4 that initially launched last year at SIG NEXT.

Expanding the SIG SAUER optics lineup, SIG SAUER introduced the XRAY5, a category-defining 1x24MM optic that sets a new standard for durability, clarity, and intelligence. The Advanced Red Dot Sight is built on a solid-state architecture with a 225-dot rigid matrix with no moving parts to wear or drift and automatically responds to variable lighting conditions. Shooters can digitally zero in seconds with the XRAY5 mobile app, and the XRAY5 stores multiple profiles.

For an inside look at the SIG NEXT experience and new products across firearms and electro-optics, follow SIG social media @sigsauerinc on Instagram. A media kit with product images and additional information is available here: SIG NEXT 2026 Media Kit.

About SIG SAUER Inc. 

SIG SAUER Inc. is a leading manufacturer of premium firearms, electro-optics, ammunition, remote-controlled weapon stations, and drones. Building off its 250-year track record, the company's products are synonymous with industry-leading engineering, quality, and innovation which has made it the brand of choice across the defense industry, law enforcement, and shooting community. SIG SAUER serves all branches of the U.S. Armed Forces and with a presence in more than 90 countries is the preferred partner to top militaries around the world. The company is certified a Great Place to Work™. For more information, visit sigsauer.com.

Media Contact

Tory Mazzola

Vice President, Global Communications

[email protected]

SOURCE SIG SAUER, Inc.

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Carbon Trade eXchange Launches CTX Corporate One for Institutional-Scale, High-Quality Carbon Credits

Free to open for the first time in 18 years, with a flat 10-cent fee per credit

GOLD COAST, Australia and LONDON, Sept. 22, 2026 /PRNewswire/ -- Corporate One is built for large international project developers and corporate offtake brokers on the sell side, and institutional traders, major banks and corporations with dedicated carbon trading desks on the buy side - organisations trading high-quality credits at scale, typically upwards of US$10 per tonne CO2e.

CTX Corporate One is an invitation-only account for the market's largest buyers and sellers of high-quality carbon credits, backed by an in-house trading desk that supports members from sourcing through to portfolio construction. It is the first time in CTX's 18-year history that the exchange has waived its account-opening fee and moved off a percentage-based commission.

But for New York Climate Week, CTX is extending the opportunity to 'request an invitation'

Flat Fee, High-Quality Focus

Standard CTX membership charges a percentage of trade value - 2% to the buyer, 5% to the seller - plus an annual account fee. Corporate One replaces both: no account-opening fee, no minimum balance, and a flat US$0.10 per credit, per side, regardless of price. It is priced for institutional-scale trading in high-quality credits, typically US$10+ per tonne, rather than high-frequency, small-ticket trades, giving both sides of the trade a cost they can plan around no matter which way the price moves.

The Voluntary Carbon Market is forecast to grow to USD 45.18 billion by 2034

Built for Scale

Corporate One is designed around institutional traders' workflows, not SME or retail buyers or sellers. Trades settle T+0 & 24/7/365 under CTX's Continuous Trading Contract, and cleared electronically with no paperwork. Members can buy-to-transfer or buy-to-retire without holding their own registry accounts. Transfer and retirement fees are simplified to a single one-time charge on Verra VCS credits, with no transfer or retirement fee at all on Gold Standard, Global Carbon Registry, BioCarbon Standard credits or UCR and UNFCCC CDM. Every trade includes FX rates streamed live via Westpac Bank at the point of execution, an instant invoice and statement with full co-benefit symbols.

Corporate One members also keep access to the many millions of credits listed on CTX, which are constantly changing and span a wide range of project types, vintages and price points, so portfolios can be built with both depth and balance. Current registry and transfer fees still apply. For new large-scale listings in Q4, CTX has also waived delisting fees until Q2 2027 (VCS fees still apply).

Invitation Only

Access is by invitation only - CTX is extending the offer directly to organisations that fit the Corporate One account's profile, not opening it to self-service sign-up. Corporate One invitees who accept up until 31st October can also nominate up to three major buyers or suppliers per quarter, up to twelve strategic counterparties a year, for their own free Corporate One account, on the same terms.

"We've never gone to zero on our account fee, and we've never dropped a percentage commission for our biggest members, until now," said Wayne Sharpe, CEO and Founder of Carbon Trade eXchange. "Corporate One is built for real institutional volume in high-quality credits, priced the way a market this size should be priced: flat fees, no upfront cost and simple, and it puts more of the money from every trade back in the hands of the project developers actually doing the work. Our in-house trading desk also supports members in sourcing and building portfolios of high-quality credits."

A Track Record Spanning 18 Years

CTX Corporate One launches on an established platform, not a new one. Carbon Trade eXchange has run continuously, with zero trade defaults, for more than 18 years, clearing over 1 billion tonnes of CO2e offsets and currently showcasing more than 320 project listings in over 40 countries across Verra VCS & Plastics Recycling, Gold Standard, Global Carbon Registry, BioCarbon Standard and Universal Carbon Registry plus CDM CERs. CTX is the only exchange publicly named as a trading partner on unfccc.int for UNFCCC CDM CERs, a relationship in place since 2017. The exchange was named 'Global Leading Fintech Corporation' at the 2025 ASEAN Banking & Finance Summit, and Wayne Sharpe was named 'Innovator of the Year' at the 2023 EU FinTech Awards, where CTX also won the Diversity & Inclusion Award, and Head of Trade Jennifer Shung won Rising Star 2023.

Applying for CTX Corporate One

Large international project developers, corporate offtake brokers, institutional trading desks, banks and corporations seeking an invitation can contact the Corporate One team at [email protected] or visit https://ctxglobal.com/ctx-corporate-one/

About Carbon Trade eXchange (CTX)

Carbon Trade eXchange is the world's first, and still largest, global spot exchange for voluntary carbon credits, connecting buyers and sellers from over 55 countries in one central, electronic marketplace. An embedded Meta-Registry which allows buyers or sellers to trade multiple credit standards and registries simultaneously from one trading account. CTX's in-house trading desk supports members from sourcing high-quality credits through to portfolio construction and settlement.

CTX is part of the Global Environmental Markets (GEM) Group.

SOURCE Carbon Trade eXchange

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