U.S. Securities and Exchange Commission
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QVC Group Insists ‘No Planned Layoffs’ During Bankruptcy Process
As West Chester-based QVC Group begins its Chapter 11 bankruptcy proceedings, there may be one silver lining in the company’s debt restructuring plan, writes Justin…
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West Chester’s QVC Group Asks for More Time to File Annual Report as Financial Woes Mount
West Chester-based QVC Group is seeking additional time to file its annual SEC report as it grapples with debt talks and concerns over its future, writes Jeff Blumenthal for…
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Ellis Preserve Developer in Newtown Square Eyes Multifamily Properties
An affiliate of Equus Capital Partners, the Newtown Square developers behind the Ellis Preserve, is in the process of raising a $600 million fund to…
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Vanguard Competitors Gain Opportunity to Adopt Investment Giant’s Tax-Busting Fund Structure
Malvern-based Vanguard Group has reaped the benefits of a unique structure that transferred the advantages of an exchange-traded fund onto its largest mutual funds for…
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Vanguard’s $40M Settlement with Shareholders Rejected by Judge
A federal judge has rejected a $40 million settlement reached last November between Malvern-based Vanguard Group and a class of shareholders over claims that a…
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Lower Gwynedd-Based Third Arc Bio Raises $165 Million in Funding to Advance Innovative Cancer Treatments
Third Arc Bio, a pharmaceutical tech company based in Lower Gladwyn, has raised $165 million in its first round of funding, reports John George of…
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MacElree Harvey Appoints New Partner, Matthew Cooper
MacElree Harvey recently appointed Matthew “Matt” Cooper, to Partner. Cooper joined MacElree Harvey as an Associate Attorney in 2020, concentrating his practice on assisting corporate…
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King of Prussia-Based Qlik Prepares for Second IPO with Series of Acquisitions
King of Prussia-based Qlik is preparing to offer another IPO opportunity after recently boosting its product line through acquisition, writes Joseph DiStefano for The Philadelphia…
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Vanguard Partners with Scottish Firm to Enhance ESG Investment Offerings
Vanguard is partnering with Scottish firm Baillie Gifford to strengthen its growing environmental, social, and governance (ESG) investment offerings, writes Jeff Blumenthal for the Philadelphia…
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Vanguard Scraps Its Local Business in China, but Launches Actively Managed Single-Country Mutual Fund There
Vanguard is planning an actively managed single-country China mutual fund for 2022, despite scrapping its local business in the country itself. Erin Arvedlund reported on…
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Political Contribution Burns Devon Investment Firm
Playing a little too close to the political fires recently cost a Devon investment advisory firm $300,000, according to a report in the Wall Street…
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