Securities and Exchange Commission
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King of Prussia Software Maker Vertex Lays Off 170 Employees in AI Shift
King of Prussia-based Vertex plans to reduce its workforce by nine percent, as the tax and compliance software maker pivots…
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Yale Spinout Xanadu Bio Moves to Gladwyne with $11M in New Funding
A Gladwyne biotech company with roots at Yale University is making waves in the life sciences sector, writes John George…
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Check Out the Highest Paid CEOs of the Philadelphia Area
Last year was a big one for Philadelphia area CEOs. Ten of the top twelve highest earners saw an increase…
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Conshohocken-based Medicus Pharma Moves Closer to Promising IPO
Conshohocken-based Medicus Pharma, which is working on a new way to treat skin cancer, is moving closer to completing an…
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West Chester-Based Verrica Pharmaceuticals Restructures to Expand Access for Flagship Product
Verrica Pharmaceuticals is restructuring its sales and operating teams in an effort to reduce costs and expand access to its…
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Thrill-Seeking Investors Flocking to Single-Stock ETFs
Investors who are looking to ratchet up the risk are turning to single-stock exchange-traded funds, a relatively recent product that…
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Plymouth Meeting-based Inovio Expects to Raise $36M Following “Transformational” 2023
Plymouth Meeting-based Inovio Pharmaceuticals is expecting to raise $36 million through a stock offering this week, writes John George for…
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Bryn Mawr Investment Firm Backed by Comcast Raises One Billion Dollars
Atairos, a Bryn Mawr investment firm backed by Comcast Corp., has raised $1 billion in funding, writes Ryan Mulligan for…
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New Bill Aims to Grant Accredited Investor Status, Access to Private Markets to Those Who Pass Exam
If you’re interested in investing in a hot startup or joining a market-beating private investment fund, chances are you won’t…
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Plymouth Meeting Pharmaceutical Company Undergoes Third Round of Layoffs
Inovio Pharmaceuticals in Plymouth Meeting continues to trim its workforce. In this third round of layoffs in 13 months, the…
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North Wales Bed Bath & Beyond One of 87 to Shut Down as Store Nears Bankruptcy
It’s time to say “bye bye” to Bed Bath & Beyond. The home merchandise chain, known for its big blue…
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SEC Inaction on Ardmore Whistleblower’s Reports Begins to Mute Her Enthusiasm
Janice Shell, an Ardmore retiree, was a hunter. Her prey was not game; rather, it was fraudulent stock valuations that…
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Willow Grove and Plymouth Meeting Malls’ PREIT Releases KPMG as Auditor After 2 Decades
PREIT has dismissed their auditor KPMG, and has brought on a new accounting firm, says the Securities and Exchange Commission.…
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Wiser Wealth: Want the Freedom to Invest in Hedge Funds and Startups? Become an Accredited Investor
In August of 2020 the Securities and Exchange Commission (SEC) narrowly approved a vote to expand its definition of who…
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Wiser Wealth: You May Be Savvy But Are You An “Accredited Investor”?
Whether you are new to investing or have been involved in making investments for years, the term accredited investor might…
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Wall Street Journal: After Partnering with King of Prussia Mall Owner to Buy JCPenney and Forever 21, Authentic Brands Group Plans to Go Public
After partnering with Simon Property Group, owner of King of Prussia Mall, to buy JCPenney and Forever 21, along with…
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Tech Talk: Facebook under more scrutiny over data sharing
Facebook said this week it is facing an expansion of federal investigations into its sharing of user data with the…
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King of Prussia-based Universal Health Services continues expansion
Universal Health Services is acquiring three facilities from a nonprofit Mississippi hospital in a deal that will give the King of…
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