PR Newswire

HERNDON, Va., Sept. 18, 2025 /PRNewswire/ — Akima, a leading provider of mission-focused solutions to the federal government, celebrated the opening of its new 35,000-square foot Huntsville office with a ribbon cutting ceremony on September 10. The expansion underscores Akima’s long-term commitment to The Rocket City’s thriving defense, aerospace, and technology sectors.

Attendees included Huntsville Mayor Tommy Battle; Madison County Commission Chairman Mac McCutcheon; U.S. Army service members; leaders from the Federal Bureau of Investigation; representatives from the Huntsville/Madison County Chamber of Commerce; industry partners; and Akima employees.

The new facility strengthens Akima’s ability to deliver mission-essential solutions while creating new opportunities for collaboration and innovation. The company is also contributing to the region’s economic vitality by creating high-quality jobs in Huntsville, expanding its local workforce in aerospace, IT, engineering, logistics, and mission support.

Akima already supports some of Huntsville’s most critical federal missions. At Redstone Arsenal, the company provides a range of facility support expertise, including engineering and environmental services, and facility and equipment maintenance for tenants that include the U.S. Army Materiel Command, U.S. Army Aviation and Missile Command, Space and Missile Defense Command, numerous Program Executive Offices, as well as components of the Defense Intelligence Agency and the Missile Defense Agency. Additionally, the company provides specialized technology expertise, along with training and field support for analytical software to the Federal Bureau of Investigation.

“Huntsville has long been at the heart of America’s defense and space industries, and Akima is proud to expand here in a way that supports both our customers and the community,” said Bill Monet, President and CEO of Akima. “This investment strengthens our ability to deliver for our federal partners, creates new opportunities for talented professionals in the region, and reflects our long-term commitment to The Rocket City.”

Beyond its professional endeavors, Akima has demonstrated a significant commitment to the Huntsville community through various local initiatives and partnerships. The company is proud to be the presenting sponsor of the Rocket City Classic for the third year at the Von Braun Center’s Propst Arena on December 21, 2025. Additionally, Akima is a proud member of organizations including the Huntsville/Madison County Chamber of Commerce, the National Space Club, the Night Stalkers Association, and the North Alabama Chapter of American Gold Star Mothers and remains actively involved in local events with the Association of the U.S. Army (AUSA) and the Army Aviation Association of America (AAAA).

As part of its ongoing commitment to education and workforce development in the region, Akima subsidiary Pinnacle Solutions has become a Partner in Education for the Alabama School of Cyber Technology and Engineering (ASCTE), contributing $100,000 to the ASCTE Foundation. The donation will support the Foundation’s mission to empower the next generation of cyber, technology, and engineering professionals. A check presentation took place during the ribbon cutting ceremony, with the donation presented to PeggyLee Wright, Executive Director of the ASCTE Foundation, and Matt Massey, President of ASCTE.

About Akima
Akima is a global enterprise with 10,000 employees, delivering solutions to the federal government in the core areas of information technology; facilities & ground logistics; aerospace solutions; training; protective services; systems engineering; mission support; furniture, fixtures & equipment (FF&E); and construction. As a subsidiary of NANA, an Alaska Native Corporation owned by more than 15,000 Iñupiat shareholders, Akima’s core mission is to enable superior outcomes for our customers’ missions while simultaneously creating a long-lived asset for NANA consistent with our Iñupiat values. In 2025, Akima ranked #31 on Washington Technology’s Top 100 list of government contractors. To learn more about Akima, visit www.akima.com. 

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SOURCE Akima

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REPL Investors with Losses Encouraged to Contact the Firm Before Sept. 22nd Deadline

SAN FRANCISCO, Sept. 18, 2025 /PRNewswire/ — On September 18, 2025, investors in Replimune Group, Inc. (NASDAQ: REPL) saw the price of their shares crater about 45% during intraday trading after the company announced that it completed a Type A meeting with the FDA on September 16 to discuss its Biologics License Application (“BLA”) for lead drug candidate RP1 but “a path forward under the accelerated approval pathway has not been determined.” 

This development follows the filing of a securities class action lawsuit, which alleges that the company misled investors by overstating the success of its lead cancer drug, RP1, leading to a massive 77% stock price crash after the FDA rejected its application.

The Lead Plaintiff deadline in the case is September 22, 2025, and Hagens Berman urges investors in Replimune with substantial losses to contact the firm now.

Class Period: Nov. 22, 2024 – July 21, 2025
Lead Plaintiff Deadline: Sept. 22, 2025
Visit: www.hbsslaw.com/investor-fraud/repl
Contact the Firm Now: [email protected]
                                       844-916-0895

Did Replimune (REPL) Mislead Investors? Lawsuit Follows FDA Rejection

On July 22, 2025, Replimune publicly announced that the U.S. Food and Drug Administration (FDA) had issued a “Complete Response Letter” (CRL) for its Biologics License Application (BLA) for RP1. This letter effectively rejected the drug’s approval for advanced melanoma. The news triggered a massive sell-off, causing the company’s stock to plummet by 77% in a single day, wiping out billions in market value.

The lawsuit alleges that Replimune presented a misleadingly optimistic view of its drug’s prospects. The complaint points to the FDA’s CRL as evidence, stating that the IGNYTE trial was not “a sufficiently well-designed or controlled investigation” to provide substantial evidence of effectiveness.

Investor Lawsuit Targets Replimune (REPL) After FDA Deems RP1 Trial Inadequate

The lawsuit claims that Replimune failed to disclose that:

• The company had overstated the likelihood of success for the IGNYTE trial.
• The FDA was likely to find the trial’s design and data inadequate for approval.
• The trial had fundamental flaws, including a heterogeneous patient population, which made it difficult for the FDA to interpret the results. The agency also had issues with the design of the planned confirmatory trial.

These previously undisclosed regulatory concerns led directly to the stock’s dramatic collapse, resulting in significant losses for investors.

Hagens Berman’s Investigation

National plaintiffs’ rights law firm Hagens Berman is actively investigating whether Replimune misled its investors.

“Our investigation is centered on the IGNYTE trial—the very foundation of Replimune’s application. The FDA’s rejection letter stated the trial was not ‘well-designed,’ citing issues like patient heterogeneity and flawed design. These are not minor technicalities; they go to the core of the data’s integrity. We’re looking into whether management was aware of these fundamental weaknesses and failed to disclose them to investors who were banking on this approval,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Replimune and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »

If you’d like more information and answers to frequently asked questions about the Replimune case and our investigation, read more »

Whistleblowers: Persons with non-public information regarding Replimune 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.

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SOURCE Hagens Berman Sobol Shapiro LLP

The post Replimune (REPL) Shares Tank 45% After Company Says No Pathway Identified For Lead Drug RP1, Securities Class Action Pending – Hagens Berman appeared first on The Malaysian Reserve.

NORTHVILLE, Mich., Sept. 18, 2025 /PRNewswire/ — Cooper Standard (NYSE: CPS) today announced the appointment of Soma Venkat, Ph.D., to senior vice president and chief information technology and AI officer, effective September 15, 2025. Venkat will lead Cooper Standard’s artificial intelligence (AI) strategy, helping to advance innovation and deliver transformative solutions across the enterprise, while continuing to oversee the Company’s information technology function. Based at Cooper Standard’s world headquarters in Northville, Venkat will be responsible for accelerating progress and realizing the potential AI can offer the business.

“We are excited to build on the success of Cooper Standard’s AI activities,” said Jeffrey Edwards, chairman and CEO of Cooper Standard. “Soma’s extensive background will be invaluable as we move our AI strategy forward. With this additional focus, the Company expects to further optimize our business, enabling us to deliver new solutions to the market faster.”

“I’m honored to take on this expanded role,” said Venkat. “We see tremendous opportunity in applying AI across our business, unlocking new avenues for innovation and growth. We are strategically focused on initiatives that will deliver real value and measurable impact.”

Venkat rejoined Cooper Standard in 2021, serving as senior vice president and chief information technology officer. Prior to rejoining Cooper Standard, he was the chief information officer for IXS (Innovative Xcessories and Services), where he improved the IT team and implemented key digitization and cybersecurity initiatives. From 2016 to 2020, Venkat held roles of increasing responsibility at Cooper Standard, culminating in his position as global vice president of IT.

Venkat earned a Bachelor of Science in Mathematics from the University of Madras, India, and a Master of Applied Science in Applied Mathematics from The College of Engineering, Guindy, India. He also holds a Master of Science and a Ph.D. in Computational Mathematics from the University of Windsor, Canada. Venkat is a Six Sigma Black Belt and has completed several executive certificates in management, marketing, and finance from the University of Chicago Booth School of Business, as well as a certificate in AI from MIT Sloan School of Management.

About Cooper Standard
Cooper Standard, headquartered in Northville, Mich., with locations in 20 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard’s approximately 22,000 team members (including contingent workers) are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on LinkedIn, X, Facebook, Instagram or YouTube.

Contact for Media: 
Chris Andrews
Cooper Standard
(248) 596-6217
[email protected]

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SOURCE Cooper Standard

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Athletes, activations and the Monster Energy Compound take center stage at the season’s biggest showdown

LAS VEGAS, Sept. 18, 2025 /PRNewswire/ — Monster Energy is bringing the action to Las Vegas for the SMX Final Fueled by Monster, taking place September 19–20 at the Las Vegas Motor Speedway. As the final stop of the SuperMotocross World Championship, the event will highlight the sport’s most thrilling rivalries, redemption stories and breakout performances, while Monster Energy amplifies the fan experience through its signature Monster Energy Compound.

The Monster Energy Compound will serve as the hub for fans to immerse themselves in the brand’s motorsports culture. From live DJ performances and freestyle motocross demos to tattoo and barbershop activations, exclusive merchandise, VIP viewing platforms, and appearances from Monster athletes and the Monster Girls, the Compound will deliver high-energy engagement that extends beyond the track.

And it’s not just dirt bikes: other Monster Ambassadors performing unmissable stunt shows over the weekend in Monster’s dedicated Demo Area include off-road legend Casey Currie, and Harley masters UKNOWN Industries.

Out on the track meanwhile, Monster Energy athletes are primed to dominate both the 450 and 250 classes. In the 450 class, Eli Tomac of Monster Energy Yamaha Star Racing has made a strong comeback, earning back-to-back podium finishes and looking to shake up the standings against the Lawrence brothers. Fellow Monster Energy riders Cooper Webb and Justin Cooper continue to be podium contenders and fan favorites heading into the finale.

In the 250 class, Haiden Deegan, the reigning SMX and Motocross Champion, looks to defend his crown in his final 250 race before moving up to the premier class. Despite a crash in the second playoff, Deegan remains one of the top threats in Vegas; with one more dominant performance he can run the table by winning the 250MX, 250SX West, and SMX World Championship all in the same season. Seth Hammaker of Monster Energy Pro Circuit Kawasaki, fresh off a podium in St. Louis, will lead a stacked Pro Circuit roster that includes Levi Kitchen, Ty Masterpool, Garrett Marchbanks, and Drew Adams. Nate Thrasher, also of Monster Energy Yamaha Star Racing, will look to build on his second-place finish in St. Louis to close the season strong.

“Monster Energy is at the core of SuperMotocross, and Las Vegas plays the perfect host for the season’s culmination,” said Dan McHugh, Global Chief Marketing Officer at Monster Energy. “The SMX Final Fueled by Monster isn’t just about crowning champions, it’s about celebrating the culture, the athletes, and the fans that make this sport so electric. With the Monster Energy Compound on site, and our riders battling it out on the track, we’re ready to deliver a finale that fans will never forget.”

For more information on the SMX Finals Fueled by Monster, visit www.supermotocross.com.

About Monster Energy:
Based in Corona, California, Monster Energy is the leading marketer of energy drinks and alternative beverages. Refusing to acknowledge the traditional, Monster Energy supports the scene and sport. Whether motocross, off-road, NASCAR, MMA, BMX, surf, snowboard, ski, skateboard, eSports or the rock and roll lifestyle, Monster Energy is a brand that believes in authenticity and the core of what its sports, athletes, gamers and musicians represent. More than a drink, it’s the way of life lived by athletes, bands, believers, and fans. See more about Monster Energy including all of its drinks at www.monsterenergy.com.

For more information contact
[email protected]

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SOURCE Monster Energy

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Teamsters Local 210 Members Overwhelmingly Approve Deal, Return to Work Monday

BRONX, N.Y., Sept. 18, 2025 /PRNewswire/ — After more than two weeks on strike, Teamsters Local 210 members at Perrigo’s Bronx production facility overwhelmingly ratified a new three-year contract that protects overtime pay, secures retirement benefits, and delivers significant wage increases without a single concession.

The strike drew widespread attention after Perrigo management threatened to implement a 12-hour shift, withdraw from workers’ established retirement plan, and permanently replace longtime employees. Teamsters stood strong on the picket line on Bathgate Avenue, joined by Bronx elected officials and Teamsters union leaders from across New York City.

“These Teamsters proved that when you stand together, you can beat back threats and win,” said Lydia Torres, Vice President of Local 210. “Our members will return to work with their heads held high, their futures more secure, and their solidarity stronger than ever.”

Community support was instrumental to the victory, with elected leaders supporting Teamsters during the strike and calling on Perrigo to withdraw its concessionary proposals. Among them were Senator Chuck Schumer (D-NY); Congressman Ritchie Torres (D-NY-15^th District); Congresswoman Alexandria Ocasio-Cortez (D-NY-14^th District); Democratic nominee for Mayor Zohran Mamdani; State Senators Luis Sepulveda, Gustavo Rivera, and Nathalia Fernandez; Assemblymembers Chantal Jackson, Amanda Septimo, Karines Reyes, and Emerita Torres; Bronx Borough President Vanessa Gibson; and New York City Council Majority Leader Amanda Farías.

“We are all grateful for the incredible support of the Bronx community and so many elected officials. We backed the company down by fighting hard, staying united, and showing our solidarity,” said Joshua Viera, a 31-year Perrigo worker. “We are thankful for the support from all around the city and for the enhanced strike benefits provided by the International Union. We are looking forward to getting back to work.”

Perrigo workers, who include compounders, clerks, line operators, mechanics, and technicians, will return to work Monday under the new agreement.

Teamsters Local 210 represents thousands of workers across New York and beyond in a wide range of industries. For more information, visit ibtlocal210.org.

Contact:  
Bernadette Kelly, (917) 754-5918
[email protected]

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SOURCE Teamsters Local 210

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LONDON, Sept. 18, 2025 /PRNewswire/ — “Forest preservation must go hand in hand with protecting smallholders’ livelihood. The UK Forest Risk Commodity regulation could serve as a bridge towards fair sustainability—a bridge that not only safeguards forests but also ensures that women smallholders are not left behind,” said Umi Syamsiatun, a palm oil farmer from Merangin, Jambi province of Indonesia.

Umi was one of nine Indonesian women smallholders from various regions of Indonesia who joined the Multi-Stakeholder Event on Indonesian Sustainable Commodities at the Embassy of Indonesia in London on 17 September 2025, to voice the challenges faced by smallholders in meeting global sustainability regulations.

The event, organised by the Embassy in collaboration with Efeca and supported by the Partnerships for Forests, UK International Development, and the British Chamber of Commerce, brought together women smallholders across four major Indonesian export commodities: coffee, palm oil, cocoa and rubber.

As the backbone of supply chains, smallholders are the most vulnerable to the impacts of the European Union Deforestation Regulation (EUDR) and the planned UK Forest Risk Commodity (UK FRC) regulation.

The farmers expressed their hope that the EUDR and UK FRC can serve as a solution to the challenges they face on the ground. Compliance often requires costly certification and advanced technology, with expenses reaching hundreds of millions of Indonesian Rupiah. Likewise, the EUDR’s digital documentation and geolocation requirements, such as polygon maps and precise GPS points, are difficult to meet in rural areas where internet infrastructure remains a challenge.

Indonesia’s Ambassador to the UK, Desra Percaya, highlighted inclusivity as a critical element in the country’s sustainability journey, “Inclusivity is key in this transformation journey, which means embracing more diverse narratives of the unheard, like the smallholders, is essential” he noted.

During the dialogue, Istiqamah, a woman coffee farmer from Aceh, expressed her hopes that her community’s coffee would continue to reach the UK market. “Most of my entire village depends on coffee. It is the source that allows my children to get a good education, my family to access healthcare, and for us to live with dignity,” she said.

The event also featured a panel discussion with Silverius Oscar Unggul (Senior Advisor to the Indonesian Minister of Forestry/Chair of the Task Force on Multi-Forest Business Implementation Acceleration), Dr Elizabeth Wilks (Head of Sustainability & Public Affairs, APP Group), Alexander van Oord (Chief Commercial Officer, Forestwise), and Dan Soper (Sustainability Policy Manager, Food and Drink Federation). Panellists discussed holistic approaches to sustainability, opportunities for cross-sector collaboration, and ways to strengthen farmers’ capacity in building sustainable supply chains. For instance, Dr. Liz mentioned that APP Group has launched Regenesis, a sustainability initiative which includes empowering people and communities.

For more than 15 years, Indonesia has undertaken reforms to align its major commodities with global sustainability standards. Initiatives such as the Timber Legality Assurance System (SVLK) and the Indonesia Sustainable Palm Oil (ISPO) certification scheme demonstrate Indonesia’s commitment to environmental management, social responsibility, and sustainable farming practices. In addition, platforms like SIPKEBUN (Plantation Information System) and INATrace support traceability in palm oil and coffee supply chains.

By strengthening Indonesia–UK cooperation in environment and sustainability, both countries aim to deepen collaboration in addressing the environmental, economic, and social challenges that shape the future of Indonesia’s leading commodities.

Photo – https://arah.my/wp-content/uploads/2025/09/Indonesian_Embassy_in_London.jpg

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SAN DIEGO, Sept. 18, 2025 /PRNewswire/ — MG Properties, a leading real estate investment and management company, is proud to announce the $64 million acquisition of The Pearl at St. Rose, a premier garden-style property located within the desirable Silverado Ranch master-planned community in Las Vegas, Nevada. The closing marks MG Properties’ ninth multifamily acquisition over the past twelve months, comprising 3,250 units and totaling over $1 billion.

The Pearl at St. Rose is a 270-unit apartment community situated along the St. Rose Corridor in South Las Vegas, offering residents easy access to a wide variety of local retail and amenities, as well as convenient transit to employment centers throughout the Las Vegas Valley. Built in 2000, the property features spacious floor plans, modern interior finishes, and a range of lifestyle amenities including a pool and spa, fitness center, dog park, and resident clubhouse.

“We are excited to expand our presence in Las Vegas and further leverage the efficiency of our regional operations there,” said Jeff Gleiberman, President of MG Properties. “Given continued economic expansion and diversification coupled with limited future supply, we are very bullish on the long-term fundamentals and growth potential of the market.”

The seller, an affiliate of The CONAM Group, was represented by Charles Steele, John Cunningham, and Jared Glover of Berkadia. Financing for the transaction was provided by Freddie Mac and arranged by Kevin Mignogna, Charlie Haggard, Lee Scott, Joey Guarino, and Michael Beach of Berkadia.

To learn more, visit: mgproperties.com

ABOUT MG PROPERTIES
MG Properties is a privately owned, fully integrated real estate company specializing in the investment, redevelopment, and management of multi-family assets. Headquartered in San Diego, California, MG Properties was founded in 1992 by Mark Gleiberman with the mission to enrich communities. MG’s current portfolio is comprised of over 32,000 rental homes in California, Washington, Arizona, Nevada, Colorado, Texas, and Oregon, across 111 communities. For additional information, visit www.mgproperties.com

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SOURCE MG Properties

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