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ENCORE WIRE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Encore Wire Corporation - WIRE

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Encore Wire Corporation (NasdaqGS: WIRE) to Prysmian. Under the terms of the proposed transaction, shareholders of Encore will receive $290.00 in cash for each share of Encore that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consi

Federman & Sherwood Investigates Ascension for Data Breach

Fri, 05/10/2024 - 19:49
OKLAHOMA CITY--(BUSINESS WIRE)-- #Ascension--The law firm of Federman & Sherwood has initiated an investigation into Ascension with respect to their recent data breach. On May 09, 2024, Ascension notified individuals that the company experienced a data breach after an unauthorized party accessed sensitive consumer data entrusted to the company. According to Ascension, they determined that information stored on their servers may have been subject to unauthorized access on May 8, 2024. Ascension has yet t

BerryDunn Principals Recognized by Forbes Magazine as Top CPAs in America

Fri, 05/10/2024 - 19:49
PORTLAND, Maine--(BUSINESS WIRE)--BerryDunn, a full-service assurance, tax, and consulting firm, announces the recognition of two Principals—Tammy Michaud, CPA, and Dave Erb, CPA—making the Forbes inaugural list of America’s Top 200 CPAs 2024. According to Forbes, more than 1,000 candidates were evaluated and graded on the following criteria: certifications and credentials, years of experience, industry specialization, professional achievements, community involvement, thought leadership, client

MODEL N INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Model N, Inc. - MODN

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Model N, Inc. (NYSE: MODN) to Vista Equity Partners. Under the terms of the proposed transaction, shareholders of Model N will receive $30.00 in cash for each share of Model N that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consi

INRAD OPTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Inrad Optics, Inc. - INRD

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Inrad Optics, Inc. (OTC: INRD) to Luxium Solutions. Under the terms of the proposed transaction, shareholders of Inrad will receive $1.10 in cash for each share of Inrad that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considerati

APARTMENT INCOME REIT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apartment Income REIT Corp. - AIRC

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Apartment Income will receive $39.12 in cash for each share of Apartment Income that they own. KSF is seeking to determine whether this consideration and the process that led to

MACATAWA BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Macatawa Bank Corporation - MCBC

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Macatawa Bank Corporation (NasdaqGS: MCBC) to Wintrust Financial Corporation (NasdaqGS: WTFC). Under the terms of the proposed transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust’

American Express to Participate in Upcoming Investor Conferences

Fri, 05/10/2024 - 19:49
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced its participation in upcoming investor conferences. On Thursday, May 30, 2024, Chairman and CEO Stephen J. Squeri will participate in a fireside chat at Bernstein’s 40th Annual Strategic Decisions Conference. Mr. Squeri will address questions relating to the company’s business strategy and financial performance beginning at 2:30 p.m. (ET). On Wednesday, June 12, 2024, Chief Financial Officer Christophe Le Caillec wi

NEXTPLAT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of NextPlat Corp - NXPL

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of NextPlat Corp (the “Company”) (NasdaqCM: NXPL) and Progressive Care Inc. (OTC: RXMD). KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to NextPlat shareholders. If you would like to discuss your legal rights regarding the proposed trans

INTERNATIONAL PAPER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of International Paper Company - IP

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of International Paper Company (the “Company”) (NYSE: IP) and DS Smith Plc. Under the terms of the proposed transaction, International Paper will issue 0.1285 shares for each DS Smith share, resulting in International Paper shareholders owning only approximately 66.3% of the combined company. KSF is seeking to

Vroom Announces First Quarter 2024 Results

Fri, 05/10/2024 - 19:49
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024. HIGHLIGHTS OF FIRST QUARTER 2024 $91.0 million cash and cash equivalents as of March 31, 2024 $(44.7) million net loss from continuing operations $(32.2) million Adjusted EBITDA Substantially completed the ecommerce wind-down Adopted new reporting segments to align with continuing operations at United Auto Credit (UACC) and CarStory Tom Shortt, the Company’s Chief Ex

Siebert Reports Fourth Quarter and Full Year 2023 Financial Results

Fri, 05/10/2024 - 19:49
NEW YORK--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Financial Highlights Revenue of $71.5 million compared to $50.1 million in 2022 Operating income of $18.1 million compared to operating income of $0.4 million in 2022 Net income of $7.8 million compared to net loss of $3.0 million in 2022 Earnings per share of $0.

MATTERPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Matterport, Inc. - MTTR

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Matterport, Inc. (NasdaqGM: MTTR) to CoStar Group, Inc. Under the terms of the proposed transaction, shareholders of Matterport will receive a mixture of cash and stock valued at $5.50 for each share of Matterport that they own. KSF is seeking to determine whether this consideration and the process

HIBBETT INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hibbett, Inc. - HIBB

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hibbett, Inc. (NasdaqGS: HIBB) to JD Sports Fashion plc. Under the terms of the proposed transaction, shareholders of Hibbett will receive $87.50 in cash for each share of Hibbett that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the c

AGBA GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of AGBA Group Holding Limited - AGBA

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of AGBA Group Holding Limited (the “Company”) (NasdaqCM: AGBA) and Triller Corp. Upon completion of the proposed transaction, current AGBA shareholders will own 20% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair

QUANEX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Quanex Building Products Corporation - NX

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Quanex Building Products Corporation (the “Company”) (NYSE: NX) and Tyman plc. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Quanex shareholders. If you would like to discuss your legal rights regarding the proposed transaction, y

NORFOLK SOUTHERN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Norfolk Southern Corporation - NSC

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Norfolk Southern Corporation (NYSE: NSC). On February 3, 2023, a Norfolk Southern freight train, including 11 tank cars carrying hazardous materials, derailed in East Palestine, Ohio and subsequently ignited requiring the immediate evacuation of those within a one-two mile area. The

HASHICORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HashiCorp Inc. - HCP

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HashiCorp Inc. (NasdaqGS: HCP) to (NYSE: IBM). Under the terms of the proposed transaction, shareholders of HashiCorp will receive $35.00 in cash for each share of HashiCorp that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the conside

DENTSPLY INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Dentsply Sirona, Inc. - XRAY

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Dentsply Sirona, Inc. (NasdaqGS: XRAY). On April 19, 2022, the Company disclosed the sudden termination of CEO Donald Casey “effective immediately.” Then, on May 10, 2022, the Company disclosed an ongoing investigation by its Audit and Finance Committee, outside counsel and a forensic

U.S. SILICA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of U.S. Silica Holdings, Inc. - SLCA

Fri, 05/10/2024 - 19:49
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Silica Holdings, Inc. (NYSE: SLCA) to affiliates of Apollo (NYSE: APO). Under the terms of the proposed transaction, shareholders of U.S. Silica will receive $15.50 in cash for each share of U.S. Silica that they own. KSF is seeking to determine whether this consideration and the process that led to it ar

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