Settlement

Mayfair Gold Files Management Information Circular and Issues Letter to Shareholders

Retrieved on: 
Giovedì, Maggio 9, 2024

MATHESON, Ontario, May 09, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that it has filed its management information circular (the “Information Circular”) and related proxy materials in connection with its upcoming Annual General and Special Meeting of Shareholders to be held on June 5, 2024 (the “Meeting”). The Information Circular includes a Letter to Shareholders from Harry Pokrandt, Chairman of the Company’s board of directors (the “Board”). The Company also announced it has entered into a Settlement Agreement (as defined below) with certain employees of the Company to ensure the retention of their services on behalf of Mayfair up to the Meeting.

Key Points: 
  • The Information Circular includes a Letter to Shareholders from Harry Pokrandt, Chairman of the Company’s board of directors (the “Board”).
  • The Board unanimously recommends that shareholders vote to RE-ELECT as directors each of Harry Pokrandt, Patrick Evans, Christopher Reynolds and Douglas Cater (the “Company Nominees”).
  • Over the past year, the Company is among the top-performing gold stocks among Canadian gold mining exploration and development companies.
  • The Company’s share price has outperformed the 17% increase in the price of gold during the same time period.

Parks! America Addresses False FC Assertions

Retrieved on: 
Martedì, Maggio 7, 2024

America, Inc. (“PRKA” or the “Company”) Annual Meeting of Stockholders, and the mailing of the proxy commenced on April 26, 2024.

Key Points: 
  • America, Inc. (“PRKA” or the “Company”) Annual Meeting of Stockholders, and the mailing of the proxy commenced on April 26, 2024.
  • Focused Compounding (“FC”) had committed to use a Blue proxy card; we urge you to NOT vote the FC Blue proxy card and to toss it in the trash.
  • FC assertion: FC has nominated a dissident slate of board members with the experience needed to revitalize PRKA.
  • FC assertion: FC will not recover their proxy expenses from the Company if they prevail at the Annual Meeting.

Airboss Announces Proposed Settlement of Class Action

Retrieved on: 
Martedì, Maggio 7, 2024

NEWMARKET, Ontario, May 07, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced that, subject to court approval, it has reached a settlement of the class action lawsuit pending against the Company in Canada.

Key Points: 
  • NEWMARKET, Ontario, May 07, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced that, subject to court approval, it has reached a settlement of the class action lawsuit pending against the Company in Canada.
  • Following a mediation between the plaintiffs and the defendants (including the Company), the parties entered into a settlement agreement to resolve this matter (the “Settlement”).
  • If a preliminary order is granted by the Court, the plaintiffs will send notice of the Settlement to potential class members.
  • The Settlement, if approved, is within our insured limits and will not result in any direct financial impact to the Company.

The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Electric Last Mile Solutions, Inc. Publicly-Traded Common Stock - ELMSQ

Retrieved on: 
Martedì, Maggio 7, 2024

announces that the United States District Court for the District of New Jersey has approved the following announcement of a proposed class action settlement that would benefit purchasers of Electric Last Mile Solutions, Inc. publicly-traded common stock (OTCMKTS: ELMSQ):

Key Points: 
  • announces that the United States District Court for the District of New Jersey has approved the following announcement of a proposed class action settlement that would benefit purchasers of Electric Last Mile Solutions, Inc. publicly-traded common stock (OTCMKTS: ELMSQ):
    ALL PERSONS WHO PURCHASED PUBLICLY-TRADED COMMON STOCK OF ELECTRIC LAST MILE SOLUTIONS, INC.
  • The Court reserves the right to reschedule the hearing date or hold the hearing telephonically or by other virtual means.
  • You can also download copies of the Notice and submit your Proof of Claim online at www.strategicclaims.net/ELMS/ .
  • All members of the Settlement Class who have not requested exclusion from the Settlement Class will be bound by any judgment entered in the Action pursuant to the Stipulation.

Enable Shapes the Future of Rebate Management with the Release of its New Product Feature and AI Reporting Capabilities at Catalyze 2024

Retrieved on: 
Mercoledì, Maggio 8, 2024

Enable , the rebate management platform, at its annual conference, Catalyze , announced the launch of AI-Powered analytics for rebate management, along with its new Settlements solution.

Key Points: 
  • Enable , the rebate management platform, at its annual conference, Catalyze , announced the launch of AI-Powered analytics for rebate management, along with its new Settlements solution.
  • They also enhance the platform's analytics power, giving more controlled reporting and dashboards to rebate strategists and providing data analyst answers from natural language questions.
  • “We’re giving everyone the ability to make better business decisions with our new AI reporting capabilities.
  • The new Settlement feature allows manufacturers to manage the entire lifecycles of their rebate programs without ever having to leave the Enable platform.

Spruce Power Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Matters

Retrieved on: 
Lunedì, Maggio 6, 2024

THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.

Key Points: 
  • THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.
  • IF THE COURT APPROVES THE SETTLEMENT OF THE DERIVATIVE MATTERS, CURRENT SPRUCE POWER STOCKHOLDERS WILL BE FOREVER BARRED FROM CONTESTING THE APPROVAL OF THE PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE, AND FROM PURSUING RELEASED CLAIMS.
  • ), pending in the Court (the “Massachusetts Action”);
    the existence of a similar derivative action captioned In re Spruce Power Holding Corp. S’holder Derivative Litig., Case No.
  • This Notice is solely to advise you of the proposed Settlement of the Derivative Matters and of your rights in connection with the proposed Settlement.

REID COLLINS & TSAI DEFEATS MOTION TO DISMISS LEGAL MALPRACTICE LAWSUIT AGAINST MORRIS, MANNING & MARTIN RELATED TO FIP PONZI SCHEME

Retrieved on: 
Giovedì, Maggio 9, 2024

Nationally renowned business litigation and trial firm Reid Collins & Tsai LLP leads prosecution of legal malpractice action against Atlanta-based law firm Morris, Manning & Martin, LLP.

Key Points: 
  • Nationally renowned business litigation and trial firm Reid Collins & Tsai LLP leads prosecution of legal malpractice action against Atlanta-based law firm Morris, Manning & Martin, LLP.
  • The lawsuit arises from allegedly flawed legal advice provided to Future Income Payments LLC (f/k/a Pensions, Annuities, and Settlements, LLC) ("FIP") by Atlanta-based law firm Morris, Manning & Martin, LLP ("Morris Manning").
  • Founded in 2011, FIP provided lump-sum cash advance payments to seniors and military veterans in exchange for future pension payments.
  • The case is captioned Beattie B. Ashmore, a Receiver for the FIP Receivership Entities v. Morris, Manning & Martin, LLP, Civil Action No.

Bernstein Litowitz Berger & Grossmann LLP and Pomerantz LLP Announce Notice of Pendency and Proposed Settlement of Stockholder Class Action Involving Record and Beneficial Holders of DiamondPeak Holdings Corp. Class A Common Stock as of the Effective Time

Retrieved on: 
Lunedì, Maggio 6, 2024

STOCKHOLDERS LITIGATION

Key Points: 
  • STOCKHOLDERS LITIGATION
    SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER CLASS ACTION, SETTLEMENT HEARING, AND
    TO: All record and beneficial holders of DiamondPeak Holdings Corp. ("DiamondPeak") Class A common stock as of the effective time (the "Effective Time") of the merger with Lordstown EV Corporation (f/k/a Lordstown Motors Corp.) on October 23, 2020 (the "Settlement Class").
  • Certain persons and entities are excluded from the Settlement Class by definition, as set forth in the full Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the "Notice"), available at www.LordstownMotorsStockholdersLitigation.com .
  • your rights will be affected by a class action lawsuit pending in this court.
  • All questions about this Summary Notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Plaintiffs' Co-Lead Counsel.

CANADIAN SSA BONDS CLASS ACTION: Did You, Directly or Through an Intermediary or Investment Fund, Purchase a Supranational, Sovereign, Sub-Sovereign, Government, Quasi-Governmental or Agency Bond Between January 2005 and December 31, 2015?

Retrieved on: 
Sabato, Maggio 4, 2024

The Defendants do not admit any wrongdoing or liability and disagree with the allegations in the lawsuit.

Key Points: 
  • The Defendants do not admit any wrongdoing or liability and disagree with the allegations in the lawsuit.
  • An "SSA Bond Transaction" is any purchase, sale, trade, assignment, novation, unwind, termination, or other exercise of rights or options with respect to any SSA Bond.
  • In exchange, the claims raised in the class action against the Settling Defendants and their related entities will be released.
  • Under the proposed administration protocol, Settlement Class Members with total SSA Bond Transactions of CAD $10,000,000 or greater will be eligible for compensation.

Summary Notice of Pendency and Proposed Settlement of Shareholder Derivative Actions

Retrieved on: 
Venerdì, Maggio 3, 2024

THIS NOTICE RELATES TO THE PENDENCY AND PROPOSED SETTLEMENT OF SHAREHOLDER DERIVATIVE LITIGATION.

Key Points: 
  • THIS NOTICE RELATES TO THE PENDENCY AND PROPOSED SETTLEMENT OF SHAREHOLDER DERIVATIVE LITIGATION.
  • IF YOU ARE A CURRENT APPLE SHAREHOLDER, THIS NOTICE CONTAINS IMPORTANT INFORMATION ABOUT YOUR RIGHTS.
  • The purpose of this Notice is to inform you of: (i) the pendency of the shareholder derivative action brought on behalf of Apple Inc. (“Apple” or the “Company”), styled as In re Apple Inc.
  • A link to the text of the Amended Stipulation and the full-length Notice of Pendency and Proposed Settlement of Shareholder Derivative Actions may be found on the “Investor Relations” section of Apple’s website, investor.apple.com.