Heritage Financial Corporation shares rise 4.86% intraday after Manulife Investments' press release reaffirms the truth of their case.

Heritage Financial Corporation rose 4.86% intraday, with the company's stock price movement aligning with the recent news event where Manulife Investments announced its August 2025 cash distribution. The press release indicated that the DOJ's filing reaffirmed the company's stance that the claims underlying the case are false, which could have positively influenced investor sentiment.