Curt Johnson named general manager of Denver's NWSL team
DENVER — Former North Carolina Courage executive Curt Johnson was named Thursday as the general manager of the National Women's Soccer League expansion team in Denver.
Johnson stepped down as chief soccer officer and general manager of the Courage in December. He will oversee all of the soccer operations for the new Denver club, which will kick off next year.
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Associated Press
28 minutes ago
- Associated Press
Faruqi & Faruqi Reminds NET Power Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 17, 2025
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In NET Power To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in NET Power between June 9, 2023 and March 7, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - June 7, 2025) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against NET Power Inc. ('Net Power' or the 'Company') (NYSE: NPWR) and reminds investors of the June 17, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. [ This image cannot be displayed. Please visit the source: ] Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Net Power was unlikely to complete Project Permian on schedule, and the project was likely to be significantly more expensive than Defendants had represented, because of, inter alia, supply chain issues and numerous site- and region-specific challenges; (2) accordingly, Defendants' projections regarding the time and capital needed to complete Project Permian were unrealistic; (3) the increased time and capital needed to complete Project Permian were likely to have a significant negative impact on the Company's business and financial results; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times. On November 14, 2023, during pre-market hours, Net Power issued a press release announcing its third quarter 2023 results and providing a business update. Therein, the Company disclosed that "[d]ue to . . . tightness in the global supply chain, we are incorporating a 12-month cushion into our expected schedule for Project Permian' with Defendants 'now expecting to achieve initial power generation sometime between the second half of 2027 and first half of 2028.' This represented a significant delay from Defendants' initial schedule to have the plant operational by 2026. On this news, Net Power's stock price fell $2.47 per share, or 18.54%, to close at $10.85 per share on November 14, 2023. On March 10, 2025, during pre-market hours, Net Power issued a press release announcing its fourth quarter and full year 2024 results and providing a business update. Therein, Net Power disclosed that it 'now estimates Project Permian's total installed cost to be between $1.7 billion and $2.0 billion"-significantly higher than its last estimate of $1.1 billion-"which is inclusive of non-recurring first-of-a-kind, Project Permian site-specific and owner costs[,]' advising that 'there are a number of site- and region-specific challenges which impact cost.' The Company further advised that Project Permian 'would come online no earlier than 2029[,]' representing a significant delay from its prior timeline of sometime between the second half of 2027 and first half of 2028. In addition, Net Power reported that it ended 2024 'with $533 million in cash, cash equivalents, and investments, down from $580 million last quarter, primarily due to $13 million in operating cash outflows and $29 million in capital expenditures for La Porte upgrades and SN1 development.' 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Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding NET Powers' conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the NET Power class action, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit
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Judge turns back challenge to MBTA housing law; Holden among plaintiffs
Superior Court ruling dismissing MBTA Communities unfunded mandate challenge by Michael Elfland on Scribd A Superior Court judge on Friday tossed a lawsuit brought by nine municipalities challenging the MBTA Communities Act, ruling that the controversial zoning-reform law is not an unfunded mandate. Plymouth Superior Court Justice Mark Gildea granted the Healey administration's motion to dismiss the latest challenges to the 2021 law, which supporters see as a key tool to spur development of much-needed housing in more than 170 eastern Massachusetts cities and towns. Marshfield, Middleton, Hanson, Holden, Hamilton, Duxbury, Wenham, Weston and Wrentham had each filed legal complaints against the law in recent months, contending that it should not be enforceable after the Division of Local Mandates in Auditor Diana DiZoglio's office deemed the measure an unfunded mandate. More: Holden seeks short-term halt to MBTA housing law Plaintiffs said allowing multifamily housing by right in at least one reasonably sized zone as the law requires could force them to absorb significant new infrastructure costs with no state assistance. But Gildea concluded the possible costs are "indirect," which means the law is not an unfunded mandate, and that grant programs are available to help shoulder some of the burden. "Even if [the law] was an unfunded mandate, the Municipalities have failed to allege sufficient facts concerning any anticipated amounts associated with future infrastructure costs beyond a speculative level," Gildea wrote in a 40-page decision. Some of the plaintiffs laid out their own issues with the law as well, such as Middleton arguing that it should not be classified as an MBTA community and therefore should not be subject to the mandatory zoning reforms. Jason Talerman, an attorney for some of the towns, said in an email that plaintiffs are "disappointed with the result and find the decision to be contrary to applicable law." Most of the 177 communities subject to the law have approved new zoning reforms, putting them in compliance, according to the Healey administration. In January, the Supreme Judicial Court upheld the MBTA Communities Act as a constitutional law the attorney general can enforce with legal action. The high court required the Healey administration to redo the regulation-setting process. This article originally appeared on Telegram & Gazette: Judge turns back challenge to MBTA housing law
