INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vuzix Corporation (VUZI) on Behalf of Investors

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Vuzix Corporation (“Vuzix” or the “Company”) (NASDAQ: VUZI) investors concerning the Company’s possible violations of federal securities laws. On March 27, 2024, Vuzix announced that it would be unable to timely file its 2023 annual report “due to the expanded nature of the audit for 2023 regarding certain transactions and time required to complete it.” On this news, Vuzix’s stock price fell $

Resco Products to be Acquired by RHI Magnesita

PITTSBURGH & LOS ANGELES–(BUSINESS WIRE)–Resco Products, Inc. (“Resco”), a portfolio company of Balmoral Funds LLC (“Balmoral”), today announced that it has entered into a definitive agreement to be acquired by RHI Magnesita (“RHIM”) for an enterprise value of up to $430 million. RHIM, which is headquartered in Austria and listed on the London Stock Exchange, is a leading global supplier of high-grade refractory products, systems and solutions that are critical for high-temperature processes