Common law

SandRidge Mississippian Trust I Announces Update Regarding Future Distribution of Net Asset Sale Proceeds

Retrieved on: 
Tuesday, July 27, 2021
Oil, Gas, Energy, Common law, Equity, Inheritance, Trust law, Law, Investment funds, Legal systems, Taxation in Canada, Articles

Instead, the Trustee is withholding such net proceeds as part of its cash reserve.

Key Points: 
  • Instead, the Trustee is withholding such net proceeds as part of its cash reserve.
  • After the securities litigation has been resolved, the Trustee will distribute any remaining cash reserves following the payment of the Trusts estimated remaining expenses and liabilities.
  • Such a reserve could reduce or eliminate the amount of, or delay the timing of payment of, sale proceeds that may be distributed to unitholders.
  • The sale closed on April 22, 2021, with an effective date of April 1, 2021.

Robbins Geller Rudman & Dowd LLP Announces that Investors with Substantial Losses Have Opportunity to Lead the Stable Road Acquisition Corp. Class Action Lawsuit – SRAC, SRACW, SRACU

Retrieved on: 
Tuesday, July 27, 2021
Legal, Professional services, Civil law, Class action, Plaintiff, Law, Common law, Civil procedure, Legal systems, Tort law, Class action lawsuits, Lawsuits

The Stable Road class action lawsuit (Jensen v. Stable Road Acquisition Corp., No.

Key Points: 
  • The Stable Road class action lawsuit (Jensen v. Stable Road Acquisition Corp., No.
  • If you suffered substantial losses and wish to serve as lead plaintiff of the Stable Road class action lawsuit, please provide your information by clicking here .
  • Lead plaintiff motions for the Stable Road class action lawsuit must be filed with the court no later than September 13, 2021.
  • A lead plaintiff acts on behalf of all other class members in directing the Stable Road class action lawsuit.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Capstead Mortgage Corp. Merger

Retrieved on: 
Monday, July 26, 2021
Common law, Equity, Fiduciary, Mortgage loan, Io

WILMINGTON, Del., July 26, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.

Key Points: 
  • WILMINGTON, Del., July 26, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.
  • announces that it is investigating Capstead Mortgage Corp. (Capstead) (NYSE: CMO ) regarding possible breaches of fiduciary duties and other violations of law related to Capsteads agreement to be acquired by Benefit Street Partners Realty Trust, Inc.
    To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-capstead-mortgage-corp .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .
  • Rigrodsky Law, P.A.

nextSource Appoints New Vice President of Human Resources

Retrieved on: 
Monday, July 26, 2021
Articles, Common law, Equity, Fiduciary, Governance, Academic disciplines

NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- nextSource announced today Catherine Peglow has joined nextSource as Vice President of Human Resources.

Key Points: 
  • NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- nextSource announced today Catherine Peglow has joined nextSource as Vice President of Human Resources.
  • She brings a wealth of strategic, functional, and operational experience to her new role of providing leadership in the planning and implementation of quality-based, integrated human resources programs, commented Catherine Candland, Chief Executive Officer.
  • Ms. Peglow comes to nextSource with a rich blend of experiences, having held senior positions in Human Resources disciplines of talent acquisition, talent development, governance, fiduciary responsibilities, and diversity and inclusion.
  • About nextSource: nextSource advances the way the world connects with talent.

CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Rekor Systems, Inc. Shareholders of Securities Fraud Class Action Lawsuit

Retrieved on: 
Monday, July 26, 2021
Common law, Equity, Fiduciary

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • Rekor was formerly known as Novume Solutions, Inc. before changing its name to Rekor Systems, Inc. on April 30, 2019.
  • Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.

Todd McNair vs. NCAA Resolved in Confidential Settlement Agreement

Retrieved on: 
Monday, July 26, 2021
Common law, Law, Tompsett, Joinder, Legal systems

LOS ANGELES, July 26, 2021 /PRNewswire/ --Legal counsel for both the plaintiff and the defense have reached a confidential settlement that ends litigation in the case of Todd McNair vs. NCAA.

Key Points: 
  • LOS ANGELES, July 26, 2021 /PRNewswire/ --Legal counsel for both the plaintiff and the defense have reached a confidential settlement that ends litigation in the case of Todd McNair vs. NCAA.
  • (NCAA) are issuing the following joint statement and will not comment any further on the matter:
    "After ten years of litigation, both sides have come together to resolve this matter to the mutual satisfaction of all parties involved."
  • McNair's legal team includes partners Bruce Broillet, Scott Carr, and Christian Nickerson with the plaintiffs' firm Greene Broillet & Wheeler, LLP along with Scott Tompsett of Tompsett Collegiate Sports Law and Stuart Esner of Esner, Chang & Boyer.
  • The NCAA was represented by Kosta Stojilkovic and Rakesh Kilaru, both partners with Wilkinson Stekloff LLP.

Kessler Topaz Meltzer & Check, LLP Reminds Full Truck Alliance Co. Ltd. Investors of Important Deadline in Securities Fraud Class Action Lawsuit

Retrieved on: 
Monday, July 26, 2021
Common law, Equity, Fiduciary, Topaz

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.
  • For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com .

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of The New Home Company Inc. Buyout

Retrieved on: 
Friday, July 23, 2021
Drexel Burnham Lambert, Common law, Equity, Fiduciary, Apollo Global Management, New York Stock Exchange, Apollo Education Group, Finance, Companies, Investment

announces that it is investigating The New Home Company Inc. (New Home) (NYSE: NWHM ) regarding possible breaches of fiduciary duties and other violations of law related to New Homes agreement to be acquired by affiliates of Apollo Global Management, Inc.

Key Points: 
  • announces that it is investigating The New Home Company Inc. (New Home) (NYSE: NWHM ) regarding possible breaches of fiduciary duties and other violations of law related to New Homes agreement to be acquired by affiliates of Apollo Global Management, Inc.
  • Under the terms of the agreement, New Homes shareholders will receive $9.00 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-new-home-company-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

XAI Octagon Floating Rate & Alternative Income Term Trust Closes Public Offering of Common Shares

Retrieved on: 
Friday, July 23, 2021
Consulting, Professional services, Finance, Common law, Equity, Inheritance, Trust law, Investment funds, Private equity, XA Investments, XMS Capital Partners, Octagon Credit Investors, XA INVESTMENTS, XMS CAPITAL PARTNERS, OCTAGON CREDIT INVESTORS

XAI Octagon Floating Rate & Alternative Income Term Trust (the Trust) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has closed its previously announced underwritten public offering of 3,565,000 common shares of beneficial interest (Common Shares) at an offering price of $8.50 per Common Share.

Key Points: 
  • XAI Octagon Floating Rate & Alternative Income Term Trust (the Trust) (NYSE: XFLT), a diversified, closed-end management investment company with an investment objective to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle, has closed its previously announced underwritten public offering of 3,565,000 common shares of beneficial interest (Common Shares) at an offering price of $8.50 per Common Share.
  • The Trust intends to invest the net proceeds from the offering in accordance with its investment objective and policies.
  • XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers.
  • The Trust, XAI and Octagon do not provide tax advice; consult a professional tax advisor regarding your specific tax situation.

Shareholder Alert: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Securities Fraud Class Action Lawsuit Filed Against Rekor Systems, Inc.

Retrieved on: 
Thursday, July 22, 2021
Legal, Professional services, Common law, Equity, Fiduciary

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • Rekor was formerly known as Novume Solutions, Inc. before changing its name to Rekor Systems, Inc. on April 30, 2019.
  • Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.