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Jumbo CEO; Caught with €448,000 in cashDHS Issues National Terrorism Advisory System Bulletin Amid Israel-Iran Conflict HS TodayCoast Guard suspends search for 2 missing people after a boat capsized in Lake TahoeDurham based chipmaker Wolfspeed plans to file for bankruptcyPolitician Lawrence Rowe wins $1.3m in police abuse case over unlawful arrest and assaultIran warns Donald Trump of US-based terror attacks | The Jerusalem PostLetters | Tackle discrimination against Pakistanis in Hong Kong at the rootsTenney reintroduces bill to protect gun owners in bankruptcyWolfspeed to File for Chapter 11 Bankruptcy "in the Near Future"Wolfspeed plans US bankruptcy filing in deal reached with creditorsSydney accountant charged with laundering money for organised crime networkJudge stresses due process while rejecting bid to detain Kilmar Abrego Garcia pending trial6 dead, 2 missing after boat capsizes in Lake Tahoe, sheriff’s office saysCreditors to gain control of Wolfspeed under bankruptcy plan, company saysSydney accountant accused of using his role to help crime network2 days on, no breakthrough in Jind liquor contractor murder | Chandigarh News – Times of IndiaLOCATE MISSING PERSON: 63-YEAR-OLD ELIZABETH GOSUCK — Anchorage Police Department6 dead after boat capsizes in Lake Tahoe, Coast Guard calls off search for missing 2‘Rape, crime and terrorism’: US asks its citizens to exercise ‘increased caution’ while travelling to India – The TribuneUS Supreme Court rules that retiree cannot bring benefits suit under Americans with Disabilities ActOutrage Mounts Over Trump’s Appointment of 22-Year-Old to Terrorism Unit Amid Iran CrisisHomeland Security Warns Of Possible Terrorist Attacks In USCoast Guard suspends search for two missing people on Lake Tahoe – South Tahoe NowPolice seek help finding missing Hillsborough manHeightened alert: Iranians in U.S. previously charged with support for terrorismINVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Red Cat Holdings, Inc. 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Investors to Secure Counsel Before Important Deadline in Securities Class ActionAt Least 6 Dead and 2 Missing After Boat Capsizes on Lake Tahoe amid Strong WindsSHE-HULK Murder Case: Who was ‘Amy Muscle’? 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Investors to Secure Counsel Before Important July 1 Deadline in Securities Class ActionCases move forward in circuit court – The Vicksburg PostCrews searching for person missing in Lake Michigan at 63rd Street Beach: CFDStatewide Silver Alert issued for missing 83-year-old manBritish man arrested on suspicion of spying and terrorism offences in CyprusPalestine Action member tells BBC plan to ban group ‘absurd’Round Rock man arrested by FBI for alleged terrorist threats on Roblox6 people in the Carolinas accused of money laundering scheme in South CarolinaEx-In-N-Out Employee Sues Chain, Alleging Discrimination Over Natural HairLarge drug bust in Chattanooga leads to arrest; fentanyl, meth, and cocaine seizedMurder, kidnapping charges filed in 2023 case of Sophia Van Dam and her son Matteo – ABC ColumbiaWaco, Texas | Police asking for help locating missing personCity of Dunbar settles police brutality lawsuit totaling $500KColorado dentist sentenced to over three years in prison for multi-million dollar tax evasion schemeICE Agents Clear Immigration Court During Clergy Visit: ‘The Red Sea Parted’Beaufort County man arrested, charged with murder in 2023 missing persons caseN4T Investigators: Santa Cruz County ex-treasurer to be sentenced Monday for $38M embezzlementBusiness lessons from race discrimination suit against the KC ChiefsLPRO DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Open Lending Corporation Investors to Secure Counsel Before Important June 30 Deadline in Securities Class Action
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Trending News: FCA secures convictions for insider dealing and money laundering worth £1 million | Financial Conduct Authority[News] Wolfspeed Nears Bankruptcy as Renesas Warns of JPY 250 Billion LossAt least 22 people killed in terrorist attack on church in SyriaFifa activates anti-discrimination protocol after Real Madrid star suffers ‘racist abuse’Hozon enters bankruptcy proceedings16 States File Amicus Brief Backing Trump Admin Against Harvard’s Federal Funding Lawsuit | NewsMoney laundering trial starts against fmr. Jumbo CEO; Caught with €448,000 in cashDHS Issues National Terrorism Advisory System Bulletin Amid Israel-Iran Conflict HS TodayCoast Guard suspends search for 2 missing people after a boat capsized in Lake TahoeDurham based chipmaker Wolfspeed plans to file for bankruptcyPolitician Lawrence Rowe wins $1.3m in police abuse case over unlawful arrest and assaultIran warns Donald Trump of US-based terror attacks | The Jerusalem PostLetters | Tackle discrimination against Pakistanis in Hong Kong at the rootsTenney reintroduces bill to protect gun owners in bankruptcyWolfspeed to File for Chapter 11 Bankruptcy "in the Near Future"Wolfspeed plans US bankruptcy filing in deal reached with creditorsSydney accountant charged with laundering money for organised crime networkJudge stresses due process while rejecting bid to detain Kilmar Abrego Garcia pending trial6 dead, 2 missing after boat capsizes in Lake Tahoe, sheriff’s office saysCreditors to gain control of Wolfspeed under bankruptcy plan, company saysSydney accountant accused of using his role to help crime network2 days on, no breakthrough in Jind liquor contractor murder | Chandigarh News – Times of IndiaLOCATE MISSING PERSON: 63-YEAR-OLD ELIZABETH GOSUCK — Anchorage Police Department6 dead after boat capsizes in Lake Tahoe, Coast Guard calls off search for missing 2‘Rape, crime and terrorism’: US asks its citizens to exercise ‘increased caution’ while travelling to India – The TribuneUS Supreme Court rules that retiree cannot bring benefits suit under Americans with Disabilities ActOutrage Mounts Over Trump’s Appointment of 22-Year-Old to Terrorism Unit Amid Iran CrisisHomeland Security Warns Of Possible Terrorist Attacks In USCoast Guard suspends search for two missing people on Lake Tahoe – South Tahoe NowPolice seek help finding missing Hillsborough manHeightened alert: Iranians in U.S. previously charged with support for terrorismINVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Red Cat Holdings, Inc. (RCAT) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action LawsuitMajor retail store closing 26 locations across the country; See the listDepartment of Homeland Security issues National Terrorism Advisory System Bulletin amid Israel-Iran conflict6 dead after boat capsizes on Lake Tahoe; search for 2 missing suspended, Coast Guard saysState Troopers who work missing children cases honored for work they call a ‘calling’ | Northwest Arkansas Democrat-GazetteHarrison County Sheriff Matheny urges vigilance following DHS terrorism bulletin amid Iran conflictGrapes vs. grass: Vintner’s lawsuit against cannabis grower has class action stakesIndia, Pakistan, Sri Lanka and Nepal Warned by US Authorities Over Rising Security Threats, Including Violent Crime and Terrorism Risks – Travel And Tour WorldROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages DoubleVerify Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class ActionLake Tahoe boat tragedy: Search continues Sunday for 2 missing after capsizing in stormSearch for 4 missing people after air ambulance crash resumes on Quebec’s North Shore6 people dead and 2 missing after boat capsizes on Lake Tahoe during summer stormMan missing after jumping into lake in Upstate, deputies sayFTRE FRAUD ALERT: Fortrea Holdings Inc. Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by August 1 Legal Deadline (NASDAQ:FTRE)Ban on Palestine Action as ‘terrorists’ is shamefulELV FRAUD ALERT: Elevance Health, Inc. Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by July 11 Legal Deadline (NYSE:ELV)Saudi Arabia, Kuwait sign MoU to boost anti-money laundering effortsTerrorism advisory bulletin warns of "heightened threat environment" in U.S.RDDT FRAUD ALERT: Reddit, Inc. Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by August 18 Legal Deadline (NYSE:RDDT)OGN FRAUD ALERT: Organon & Co. Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by July 22 Legal Deadline (NYSE:OGN)Israel kills innocent Palestinians. Activists spray-paint a plane. Guess which the UK government calls terrorism | Sally RooneyIOVA FRAUD ALERT: Iovance Biotherapeutics Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by July 14 Legal Deadline (NASDAQ:IOVA)Coast Guard confirms 6 dead, 2 missing after boat capsizes in Lake Tahoe’s rough watersSouth Carolina man arrested in Georgia, charged with murder in 2023 missing persons caseCODI FRAUD ALERT: Compass Diversified Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by July 8 Legal Deadline (NYSE:CODI)Terrorism advisory bulletin warns of “heightened threat environment” in U.S. after Iran strikesCIVI FRAUD ALERT: Civitas Resources, Inc. Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by July 1 Legal Deadline (NYSE:CIVI)ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Rocket Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class ActionAt Least 6 Dead and 2 Missing After Boat Capsizes on Lake Tahoe amid Strong WindsSHE-HULK Murder Case: Who was ‘Amy Muscle’? Was she killed by her husband? | World News – Times of IndiaDining across the divide: ‘He didn’t believe women still face discrimination in the workplace’International Day for Countering Hate SpeechU.S. Coast Guard: Boat overturns on Lake Tahoe leaving 6 dead, 2 people missingRape, terror: US updates travel advisory for India, asks women not to travel aloneIraq issues death and life sentences for drug traffickingBold move to defend world from nuke terrorism: Israel envoy on US strikes in IranAnisul, Qamrul, Salman F Rahman, ex-IGP Mamun shown arrested in murder cases‘Rape, crime, terrorism’: US advises citizens to exercise ‘increased caution’ on trip to IndiaBankruptcy watch | Northwest Arkansas Democrat-GazetteINVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Tempus AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action LawsuitCoast Guard, partner agencies search for two missing people at Lake TahoeWho murdered John ‘Goldfinger’ Palmer in Essex?NP View: Farewell to Iran’s terrorist regimeSyria Arrests Sanctioned Assad Relative Accused of Drug TraffickingSyria says al-Assad cousin involved in drug trade arrested in border ambushGuns, crack, fentanyl seized during Maine drug bust, police saySupreme Court Rejects Heightened Standard for Student Disability Cases10 people rescued, 1 dead, 1 missing from Lake Michigan in 2 days: officialsAdair County man arrested on Drug Trafficking Charges Following Traffic StopMoral Monday: Immigration, Deportation, Civil Rights and Global Solidarity Against War and GenocideCIVI DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Civitas Resources, Inc. Investors to Secure Counsel Before Important July 1 Deadline in Securities Class ActionCases move forward in circuit court – The Vicksburg PostCrews searching for person missing in Lake Michigan at 63rd Street Beach: CFDStatewide Silver Alert issued for missing 83-year-old manBritish man arrested on suspicion of spying and terrorism offences in CyprusPalestine Action member tells BBC plan to ban group ‘absurd’Round Rock man arrested by FBI for alleged terrorist threats on Roblox6 people in the Carolinas accused of money laundering scheme in South CarolinaEx-In-N-Out Employee Sues Chain, Alleging Discrimination Over Natural HairLarge drug bust in Chattanooga leads to arrest; fentanyl, meth, and cocaine seizedMurder, kidnapping charges filed in 2023 case of Sophia Van Dam and her son Matteo – ABC ColumbiaWaco, Texas | Police asking for help locating missing personCity of Dunbar settles police brutality lawsuit totaling $500KColorado dentist sentenced to over three years in prison for multi-million dollar tax evasion schemeICE Agents Clear Immigration Court During Clergy Visit: ‘The Red Sea Parted’Beaufort County man arrested, charged with murder in 2023 missing persons caseN4T Investigators: Santa Cruz County ex-treasurer to be sentenced Monday for $38M embezzlementBusiness lessons from race discrimination suit against the KC ChiefsLPRO DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Open Lending Corporation Investors to Secure Counsel Before Important June 30 Deadline in Securities Class Action
Mon. Jun 23rd, 2025

Durham based chipmaker Wolfspeed plans to file for bankruptcy

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Monday, June 23, 2025 4:14AM

Durham based chipmaker Wolfspeed plans to file for bankruptcy

The company says it’s part of a restructuring agreement that will eliminate nearly $5 billion in debt and give its creditors control over the company.

DURHAM, N.C. (WTVD) — Durham based silicon chip manufacturer Wolfspeed said it will file for bankruptcy.

The company says it’s part of a restructuring agreement that will eliminate nearly $5 billion in debt and give its creditors control over the company.

Wolfspeed said the reorganization plan has enough support from creditors to proceed.

The announcement comes days after Wolfspeed announced that it would cut more than 50 jobs from its facility in Siler City.

Just months ago the company also announced layoffs at its factory in Durham.

The company said it will continue trying to get approval from more creditors until it files for bankruptcy under chapter 11.

Customer and vendor commitments won’t be impacted during the process, the company said.

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