August 28, 2026 (10) Live feed
Historical analysis
MCK Mckesson, Corp. Under investigation
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McKesson Discloses Cybersecurity Incident, Says Impact Not Yet Determined

Market cap : at edition (Aug 28, 2026) $103.8B

McKesson, the pharmaceutical distributor with $403 billion in annual revenues, disclosed on August 25, 2026 that it had discovered a cybersecurity incident affecting its information systems. The company filed voluntarily under Regulation FD on the same day the incident was found — before any materiality determination was required — and stated that as of the filing date, it had not concluded the incident was material or reasonably likely to have a material impact on its financial condition or operations. The investigation is described as being in its early stages, with no further operational or technical details provided.

LNN Lindsay, Corp. Management Succession

Lindsay Names Dual Interim Co-CFOs, Launches External Search

Market cap : at edition (Aug 28, 2026) $1.2B

Lindsay Corp has installed two internal executives — Alicia Pfeifer and Brett Coburn — as interim co-Chief Financial Officers effective September 1, 2026, each collecting a $10,000 monthly stipend, after Sam Hinrichsen resigned after roughly eight months in the role. The company simultaneously began an executive search with a recruiting firm, confirming it has no internal candidate ready to step into the position permanently. The appointment is Lindsay's second CFO transition in under nine months, following Brian Ketcham's retirement at the end of December 2025.

LCID Lucid Group, Inc. Capital Pressure

Lucid Draws $400M From Saudi Credit Line as Second Finance Leader Departs

Market cap : at edition (Aug 28, 2026) $2.0B

Lucid drew another $400 million from its delayed draw term loan with Saudi backer Ayar Third Investment Company on August 24, bringing the total outstanding on the facility to $1.7 billion with approximately $800 million of capacity remaining. The draw comes 49 days after an $800 million pull from the same facility, meaning Lucid has tapped $1.2 billion in seven weeks against a backdrop of quarterly free cash outflows exceeding $1.4 billion. Simultaneously, Senior Vice President of Finance and Accounting Gagan Dhingra departed effective August 14, the second senior finance executive to exit in roughly six weeks, following CFO Taoufiq Boussaid's announced departure on July 2.

RILY BRC Group Holdings, Inc. Under investigation

BRC Eliminates CEO Holdback Provisions and Equity Award Ban While SEC Investigation Continues

Market cap : at edition (Aug 28, 2026) $286M

BRC Group Holdings amended Co-CEO Bryant Riley's employment agreement on August 25, 2026 to eliminate holdback provisions on his incentive compensation entirely, remove a prohibition on him receiving equity awards, and extend the Incentive Program an additional year through the end of fiscal 2027. The holdback had been established in October 2025 as a 20% deferred compensation mechanism payable at the Compensation Committee's discretion. The changes come while Riley personally remains under active SEC subpoenas issued in July and November 2024 covering the company's dealings with Brian Kahn and Franchise Group, among other matters.

PINS Pinterest, Inc. Management Transition

Pinterest CFO Donnelly Departs; External Search for Successor Begins

Market cap : at edition (Aug 28, 2026) $13.0B

Julia Brau Donnelly resigned as Pinterest's Chief Financial Officer on August 26, 2026, remaining through October 30 to support a transition. Vikram Naidu, the company's VP of Finance and Business Operations, has been designated interim Principal Financial Officer while Pinterest conducts an external search. The departure follows the May 2026 exit of Chief Accounting Officer Andrea Acosta — a vacancy that was filled in August — and comes as Pinterest manages an ongoing restructuring and a $1 billion convertible note investment from Elliott Associates, which carries a board seat.

GETY Getty Images Holdings, Inc. Capital Pressure

Getty Images Buys 60 Days on $92 Million Judgment With Token Payment

Market cap : at edition (Aug 28, 2026) $117M

A New York court entered a $92.3 million judgment against Getty Images on July 27, 2026, in a lawsuit alleging breaches of warrant agreements. Unable to satisfy the liability immediately, the company negotiated a 60-day standstill with the plaintiffs in exchange for a partial payment of $4.15 million — roughly 4.5% of the total owed — buying time while it pursues an appeal and explores strategic financing alternatives through Guggenheim Securities. The disclosure lands as Getty carries $2.1 billion in debt, has a going-concern doubt on the record, and is fighting an NYSE delisting notice, all after a separate $110.9 million warrant judgment was paid just months earlier. Director Chinh Chu also resigned immediately, effective August 27, 2026.

CPIX Cumberland Pharmaceuticals, Inc. Strategic Pivot

Cumberland Delays Ifetroban DMD Extension Data, Sets No New Timeline

Market cap : at edition (Aug 28, 2026) $130M

Long-term safety and efficacy data from the open-label extension of Cumberland's Phase 2 FIGHT DMD trial — publicly committed for August 2026 at a major disease conference — is not yet available, and the company has set no new target date. The delay arrives roughly two months after Cumberland completed a wholesale transformation, selling its entire commercial products portfolio to Apotex for $100 million and paying a $1.50-per-share special dividend, leaving ifetroban as essentially the company's sole remaining value proposition. Cumberland's continuing operations burned $3.1 million in Q2 2026 with just $166,000 in continuing-operations revenue, making clinical milestones the primary driver of the company's equity narrative.

CHRS Coherus Oncology, Inc. Distressed

Coherus Opens Second ATM Program Two Weeks After $55M Term Loan

Market cap : at edition (Aug 28, 2026) $226M

Coherus Oncology established a new $50 million at-the-market equity program with Leerink Partners on August 28, 2026 — its second active ATM, alongside an existing $64.9 million facility with TD Securities filed in January. The program arrives 14 days after the company drew a $55 million senior secured term loan from Innovatus Life Sciences, the bulk of which refinanced an existing loan rather than adding net-new liquidity. With cash of $105.3 million at June 30, 2026 and losses from continuing operations running at roughly $33–37 million per quarter on revenue of $14.3 million, the company's January guidance that its then-$172.1 million cash balance would support operations only through end of 2026 has taken on greater urgency.

AENT Alliance Entertainment Holding, Corp. Contested

Alliance Entertainment Voids Its Own Charter Amendment After Compliance Failure

Market cap : at edition (Aug 28, 2026) $279M

Alliance Entertainment's insiders — Executive Chairman Bruce Ogilvie and CEO Jeffrey Walker, controlling about 95% of total voting power — pushed through a charter amendment on July 29, 2026 eliminating the voting rights of Class E Common Stock. Less than four weeks later, on August 26, the company filed a Certificate of Correction nullifying the entire amendment because it "was not approved in compliance with the Second A&R Certificate," reinstating the prior charter. The company has not explained what specific procedural or substantive requirement was violated, and Class E voting rights remain intact for now.

PPC Pilgrims PRIDE, Corp. Merger Pending

JBS Settles PPC Derivative Claims, Proposes Minority Buyout Two Weeks Later

Market cap : at edition (Aug 28, 2026) $7.4B

JBS and Pilgrim's Pride directors signed a settlement on August 4, 2026, resolving a Delaware derivative lawsuit over governance changes — specifically a charter amendment that gave JBS the right to elect eight of ten board members — in exchange for a $31 million payment from JBS to Pilgrim's Pride. Fourteen days later, on August 18, JBS submitted an unsolicited proposal to acquire all Pilgrim's Pride shares it does not already own, offering a fixed exchange ratio of 2.086 JBS Class A shares per PPC share. The settlement, which must still be approved by the Delaware Court of Chancery at a hearing set for November 20, 2026, permanently extinguishes all minority shareholder claims relating to those same governance arrangements. Minority shareholders who will ultimately vote on the buyout proposal are evaluating a transaction structured by the same majority owner that just settled claims about the power it consolidated over the company's board.