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Legends Global Partners adds to portfolio with Boardwalk at Bricktown in Oklahoma City

DUBAI, United Arab Emirates, June 13, 2025 (GLOBE NEWSWIRE) — Legends Global Partners (LGP) proudly announces its involvement with the Boardwalk at Bricktown, a pioneering development in Oklahoma City that boasts the tallest tower in the United States. With an impressive 5 million square feet of development over nearly 4 acres, the Boardwalk at Bricktown project incorporates nearly 2,000 residential units, 1,000 hotel rooms, retail, and restaurant spaces, developed by Matteson Capital and designed by renowned architecture and planning firm, AO.

“Oklahoma City is experiencing a population boom,” said Scot Matteson, President of Matteson Capital and partner in LGP. “As the city continues to grow, this is the perfect time to bring high density development that creates housing and jobs within the urban core.”

As part of LGP’s portfolio of high–impact developments, the Boardwalk at Bricktown project comes at a time when investment into large scale infrastructure projects are a priority across the country. With the recent news that DAMAC Properties, the largest private developer in the United Arab Emirates, will be investing $20 billion into data centers into eight U.S. states, Oklahoma is one of the prime areas of investment. The Oklahoma City Boardwalk project has already cleared regulatory hurdles, including approval from the City Council and Federal Aviation Administration.

“As we have seen in the Emirates, large scale projects like Boardwalk are just the beginning of possibility and the first step towards attracting new talent to a region,” remarked Arjomand, Founder and Chairman of Arjomand Group and partner in LGP. “This is the time to create new, innovative, projects that serve the needs of the community while providing access for economic revitalization,” added Paul Edalat, Founder and Chairman of Vivera and partner in LGP.

Oklahoma City continues to experience rapid growth and has been ranked as having the third lowest business cost among major metropolitan areas by Moody’s Analytics. With the mix of aerospace, biosciences, and energy industry leaders and a young, educated workforce, Oklahoma City is a prime area for investment. LGP believes that a shift towards higher density urban areas will ultimately attract more diverse industries seeking to find highly skilled workers.

LGP is actively pursuing a diverse range of transformative projects that reflect the evolving demands of modern development. In addition to the Boardwalk at Bricktown, LGP is also pursuing a 6.5 million square foot development project in Southern California. The Katella Gateway will be home to over 1,700 hotel rooms, 1,300 residential units, and a wide mix of retail and restaurant offerings. Ideally situated in the heart of Anaheim, the Katella Gateway development brings a unique mix of experiential offerings designed to enhance not only the city’s tourism efforts, but the local community as well.

These innovative projects are helping to define a new standard for experience–driven, sustainable communities—positioning them as the next great destinations that bring lasting benefits to cities, businesses, residents, and visitors alike. Alongside its Oklahoma City and Anaheim projects, LGP is actively working on innovative new developments in Hawaii, Miami, Los Angeles, New York, Europe, Asia, the Caribbean and Bahamas, and the United Arab Emirates.

About Scot Matteson
Scot Matteson, President and CEO of Matteson Capital, is a pioneering force in U.S. real estate development, known for delivering some of the nation’s most iconic vertical projects and luxury developments. With a career defined by vision and innovation, Matteson brings to LGP a proven track record of executing large–scale developments that blend architectural ambition with cultural and environmental sensitivity. His diverse portfolio includes landmark projects such as The Boardwalk at Bricktown in Oklahoma City, Miami World Center, The Sapphire Tower in San Diego, The Icon Hotel in Houston, and luxury developments like Aspen One and The Residences at Little Nell in Aspen, Colorado. With a forward–thinking approach and deep industry expertise, Matteson plays a key leadership role in shaping LGP’s mission to deliver transformative, mixed–use destinations in dynamic markets.

About Farooq Arjomand
Farooq Arjomand brings decades of global business leadership and real estate expertise to LGP as a founding partner. As the Founder and Chairman of the Arjomand Group, he has led a diverse portfolio of ventures spanning real estate, finance, manufacturing, and aviation across the GCC, Asia, Europe, and the U.S. His distinguished career includes key leadership roles such as Chairman of DAMAC Properties and founding member of Emaar Properties PJSC—two of the Middle East’s most prominent real estate developers. He also currently serves as Chairman of Reborn Coffee, Inc. and Reborn Global. With a background in banking from HSBC and a strong track record of founding and scaling international businesses, Arjomand brings deep insight, strategic vision, and global perspective to LPG’s mission of delivering transformative, mixed–use developments worldwide.

About Paul Edalat
Paul Edalat is a visionary entrepreneur and industry disruptor with over 30 years of experience building and scaling companies across the health and wellness, pharmaceutical, and nutraceutical sectors. As Chairman and CEO of Vivera Pharmaceuticals, he is recognized for his bold, future–focused leadership and unwavering commitment to innovation. In joining LGP, Edalat brings a sharp understanding of strategic growth, brand development, and operational excellence. His forward–thinking approach and proven ability to lead transformative ventures make him a valuable asset to the partnership—bringing a fresh perspective that is poised to redefine what’s possible in mixed–use and community–centered development.

Media Inquiries:
Holly Jenvey [email protected]

About Legends Global Partners:
Legends Global Partners is real estate investment and development venture formed by Scot Matteson of Matteson Capital, Farooq Arjomand of the Arjomand Group, and Paul Edalat of Founder and Chairman of Vivera Pharmaceutics. Backed by a robust global pipeline exceeding $100 billion, LGP is focused on delivering transformative, large–scale developments that integrate pioneering design, advanced technology, and sustainable practices. By uniting the complementary strengths of its founding partners, LGP aims to redefine the landscape of real estate and investment—creating lasting value for communities, investors, and stakeholders around the world.


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NSSC IMPORTANT DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages NAPCO Security Technologies, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important June 24 Deadline in Securities Class Action – NSSC

NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) between February 5, 2024 and February 3, 2025, both dates inclusive (the “Class Period”), of the important June 24, 2025 lead plaintiff deadline.

SO WHAT: If you purchased NAPCO securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the NAPCO class action, go to https://rosenlegal.com/submit–form/?case_id=34463 or call Phillip Kim, Esq. at 866–767–3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements. Specifically, they created the false impression that they possessed reliable information pertaining to NAPCO’s projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. In truth, NAPCO’s optimistic margin growth goals and demand reassurances for NAPCO’s hardware sales fell short of reality; NAPCO was simply not equipped to adequately forecast demand for its products or otherwise minimized the impact of potential demand fluctuations to continue to promote its lofty margin projections which relied upon continually increased sales volumes. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the NAPCO class action, go to https://rosenlegal.com/submit–form/?case_id=34463 or call Phillip Kim, Esq. at 866–767–3653 or email [email protected] for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
[email protected]
www.rosenlegal.com


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