Latest news with #Praxis


Associated Press
2 days ago
- Business
- Associated Press
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Praxis Precision Medicines, Inc.
NEW YORK, Aug. 17, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Praxis Precision Medicines, Inc. ('Praxis' or the 'Company') (NASDAQ: PRAX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Praxis and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On August 4, 2025, Praxis issued a press release reporting its financial results for the second quarter of 2025. Among other items, Praxis disclosed mid-stage study results for its anti-seizure medication vormatrigine. The Company reported that 36 of 61 patients experienced treatment-emergent adverse events, and that almost one in four participants discontinued the study. On this news, Praxis's stock price fell $3.00 per share, or 5.55%, to close at $51.09 per share on August 4, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980


Business Wire
5 days ago
- Business
- Business Wire
PRAX Investors Have Opportunity to Join Praxis Precision Medicines, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Praxis Precision Medicines, Inc. ('Praxis' or 'the Company') (NASDAQ: PRAX) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Praxis announced its Q2 2025 financial results on August 4, 2025. The Company reported mid-state clinical results from the trial of vormatrigine, an anti-seizure medication. The Company admitted that more than half of patients experienced treatment-emergent adverse events, with almost 25% of study participants discontinuing the medication. Based on this news, shares of Praxis fell more than 5% on the same day. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


The Herald Scotland
30-06-2025
- Business
- The Herald Scotland
Logistics remain favourite among Scottish property investors
The biggest deal was the £100m sale of the W Hotel at Edinburgh's St James Quarter by Nuveen to Schroders, followed by Sovereign Centros' £54.44m disposal of St Enoch Shopping Centre in Glasgow to Praxis. Minus these transactions it was another muted quarter for the market, though sentiment towards the logistics sector remains broadly optimistic and there are signs of renewed buyer interest elsewhere. Read more: Lismore said the sale of W Hotel underscored the continuing outperformance of Edinburgh's hotel market, which remains buoyed by strong tourism and business travel. High occupancy levels in the region of 85% and double-digit revenue growth are driving investor appetite for increasingly scarce hotel redevelopment opportunities in the Scottish capital. 'The high street retail sector is also regaining momentum, with investor focus broadening beyond Buchanan and George Street to the best parts of Princes and Argyle Street, supported by limited supply and rental growth," said Chrissie Clancy, investment surveyor at Lismore. Writing in Lismore's quarterly market review, Valentine Beresford and Hugh Chivers of real estate investment trust LondonMetric said logistics remains a favourite. 'Logistics continues to be our preferred sector, driven by strong demand and chronic supply constraints," they said. "While rising debt costs and limited stock present challenges, they're market-wide, not sector-specific. Praxis closed the purchase of the St Enoch Shopping Centre in May (Image: Lismore) "The biggest issue now is the lack of investable opportunities, with strong competition when assets do come to market." More than half of property investors surveyed by Lismore, 56%, expect to be net buyers in logistics in the second half of this year while just 10% anticipating they will be net sellers. Appetite is strongest among institutional funds, with 71% identified as net buyers, while investment managers and property companies also indicated positive momentum. However, limited availability of high-quality stock was a recurring theme, with many saying their ability to transact will depend on suitable opportunities coming to market. The survey also points to stabilising yield expectations, with 53% of respondents predicting prime logistics yields will remain steady and 38% expecting yields to harden, buoyed by the prospect of interest rate cuts later this year. When asked about key drivers of logistics investment, occupational demand (29%) and rental growth (26%) topped the list, reflecting a continued focus on income resilience and market fundamentals. Liquidity, minimal void risk and yield compression potential were also cited, alongside qualitative feedback emphasising capital deployment needs, low obsolescence risk and sector stability. Read more: Looking at the wider market, Ms Clancy noted early signs of renewed activity in Glasgow where offices are attracting increasing interest with five deals currently under offer. This should improve the volume statistics and give some impetus to the market going into the second half of the year following a particularly quiet start to 2025. Although trading is at an "attractive discount" to historic levels, Ms Clancy noted that the pool of buyers appears to be deepening. French investment collectives known as SCPIs also remain active, and are now expanding their interest beyond the central belt to include Aberdeen for well-let, high-yielding assets. "As income becomes the primary driver of returns, asset management-focused investors are well placed, while sub-£10m lots remain highly liquid among private, often debt-free, buyers," Ms Clancy said. She added: "The UK macroeconomic outlook offers cautious optimism; with inflation softening and interest rate cuts likely in the second half, investor sentiment may begin to turn a corner. "With a number of significant deals expected to conclude in the months ahead, we anticipate a meaningful uplift in activity during H2 2025.'

RNZ News
19-06-2025
- General
- RNZ News
Providers say it's time to rethink alternate education
The founder of one of the country's longest-running alternative education organisations, is urging a re-think on how the sector is viewed, and the students that come through its doors. Over the past fifteen years, approximately 23,000 young people have gone through alternative education (AE) programmes. These are programmes that sit outside mainstream schools, aim to provide young people with a quality education and to support them into education, training, or work. Lloyd Martin, who founded provider Praxis in the 1990s recently completed research into the experiences and perceptions of young people in AE. He says the programmes, which run off of a fraction of the funding that mainstream schools get, are a lifeline. Meanwhile, on Auckland's North Shore, Cameron Fisher is running a pilot programme for pupils too young for AE programmes. He explains why it's working. Students learning in a school classroom. Photo: Unsplash/ Taylor Flowe
Yahoo
17-06-2025
- Business
- Yahoo
StratCap President Jim Condon Joins Praxis Solutions Advisory Committee
NEWPORT BEACH, Calif., June 17, 2025 /PRNewswire/ -- Praxis Solutions, a technology-enabled consulting firm transforming the Wealth and Asset Management industries through AI, today announced that Jim Condon has joined its Advisory Committee. Mr. Condon brings nearly two decades of leadership in private equity, capital markets, and digital infrastructure, with a proven ability to scale platforms, build distribution strategies, and drive growth in complex investment environments. Mr. Condon is President and Managing Partner of StratCap, where he leads the firm's strategic initiatives and oversees operations across real estate, infrastructure, and digital economy investment solutions. During his 14 years at StratCap, he has played a pivotal role in the firm's evolution and expansion into digital transformation themes. He also served as a Board Member of Pegasus Digital Mobility Corp, helping guide strategy in emerging technology sectors. Earlier in his career, Mr. Condon held leadership roles at PC Capital, Schroders, Refco, and Marsh & McLennan. He earned his MBA cum laude from the University of Notre Dame's Mendoza College of Business and holds a CIMA designation from The Wharton School. "We're excited to welcome Jim Condon to the Praxis Advisory Committee," said Bill Dwyer, Executive Chairman of Praxis Solutions. "Jim has deep experience across institutional capital raising, private equity, and digital infrastructure. His insights will be instrumental as we scale Anchor Advisory and continue refining our AI-powered platform, KAIA, for investment due diligence and distribution." "I've spent my career at the intersection of capital formation and innovation," said Mr. Condon. "Praxis is building the tools the industry needs—faster, smarter ways to conduct diligence, scale engagement, and improve product selection. I'm thrilled to support their vision and help shape the firm's next stage of growth." As a member of the Advisory Committee, Mr. Condon will provide guidance on market expansion, institutional partnerships, and product strategy. His experience will help advance the reach and capabilities of both KAIA and Anchor Advisory Services, Praxis' distribution support arm focused on helping asset managers grow with speed and precision. About Praxis SolutionsPraxis Solutions, based in Newport, CA, is a technology-enabled solutions provider transforming wealth and asset management firms. By combining deep industry expertise with advanced technology, Praxis helps clients improve deliverables and reduce costs. Visit for more information. Media ContactWill DwyerPraxis Solutions, Inc.978-273-5563 View original content to download multimedia: SOURCE Praxis Solutions, Inc.