Common law

Lifshitz Law Firm, P.C. Announces Investigation of CVA, GPX, PVAC, and RBNC

Retrieved on: 
Wednesday, July 21, 2021

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.

Key Points: 
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • Lifshitz Law Firm, P.C.
  • announces investigation into possible breach of fiduciary duties in connection with the sale of RBNC to United Community Banks, Inc.
  • The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

Lifshitz Law Firm, P.C. Announces Investigation of CBAH, JAX, SNR, and QADA

Retrieved on: 
Wednesday, July 21, 2021

announces investigation into possible breach of fiduciary duties in connection with the merger of CBAH with Altus Power, Inc.

Key Points: 
  • announces investigation into possible breach of fiduciary duties in connection with the merger of CBAH with Altus Power, Inc.
  • If you are an investor, and would like information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • If you are an investor, and would like information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • The law firm responsible for this advertisement is Lifshitz Law Firm, P.C.

Lifshitz Law Firm, P.C. Announces Investigation of BRBS, KIN, MMAC, and GRA

Retrieved on: 
Wednesday, July 21, 2021

announces investigation into possible breach of fiduciary duties in connection with the sale FVCB to BRBS.

Key Points: 
  • announces investigation into possible breach of fiduciary duties in connection with the sale FVCB to BRBS.
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • announces investigation into possible breach of fiduciary duties in connection with the sale of KIN to ELAN for $9.25 per share.
  • The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

SHAREHOLDER ALERT: Robbins LLP is Investigating Array Technologies, Inc. (ARRY) on Behalf of Shareholders

Retrieved on: 
Wednesday, July 21, 2021

Shareholder rights law firm Robbins LLP is investigating Array Technologies, Inc. (NASDAQ: ARRY) to determine whether certain Array officers and directors violated the Securities Act of 1933 and Securities Exchange Act of 1934, and breached their fiduciary duties to the Company.

Key Points: 
  • Shareholder rights law firm Robbins LLP is investigating Array Technologies, Inc. (NASDAQ: ARRY) to determine whether certain Array officers and directors violated the Securities Act of 1933 and Securities Exchange Act of 1934, and breached their fiduciary duties to the Company.
  • Array purports to be one of the world's largest manufacturers of ground-mounting systems used in solar energy projects.
  • According to a complaint filed against the Company, Array's Offering Materials stated that one of the Company's strengths related to its management of costs.
  • Robbins LLP is a nationally recognized leader in shareholder rights law.

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

Retrieved on: 
Wednesday, July 21, 2021

The Trust agreed to sell 3,100,000 Common Shares at a price to the public of $8.50 per Common Share.

Key Points: 
  • The Trust agreed to sell 3,100,000 Common Shares at a price to the public of $8.50 per Common Share.
  • In addition, the Trust has granted the underwriters a 30-day option to purchase up to 465,000 additional Common Shares to cover over-allotments, if any.
  • The Trust intends to invest the net proceeds from the offering in accordance with its investment objective and policies.
  • The Trust, XAI and Octagon do not provide tax advice; consult a professional tax advisor regarding your specific tax situation.

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against Rekor Systems, Inc. f/k/a Novume Solutions, Inc. – REKR

Retrieved on: 
Wednesday, July 21, 2021

RADNOR, Pa., July 20, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Northern District of Maryland against Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor”) f/k/a Novume Solutions, Inc. (NASDAQ: NVMM) (“Novume”) on behalf of those who purchased or acquired Rekor securities between April 12, 2019 and May 25, 2021, inclusive (the “Class Period”).

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.

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. – DKNG

Retrieved on: 
Tuesday, July 20, 2021

RADNOR, Pa., July 20, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) (“DraftKings”) on behalf of those who purchased or acquired DraftKings securities between December 23, 2019 and June 15, 2021, inclusive (the “Class Period”).

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 .

Were You A Shareholder Of Acamar Partners Acquistion Corp? Kehoe Law Firm, P.C. Merger Investigation On Behalf Of Former ACAM Investors

Retrieved on: 
Tuesday, July 20, 2021

PHILADELPHIA, July 20, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating whether certain directors and/or officers of Acamar Partners Acquisition Corp. (“Acamar Partners”) (NASDAQ: ACAM), now known as CarLotz, Inc. (“CarLotz”) (NASDAQ: LOTZ), breached their fiduciary duties to Acamar Partners and its shareholders.

Key Points: 
  • is investigating whether certain directors and/or officers of Acamar Partners Acquisition Corp. (Acamar Partners) (NASDAQ: ACAM), now known as CarLotz, Inc. (CarLotz) ( NASDAQ: LOTZ ), breached their fiduciary duties to Acamar Partners and its shareholders.
  • The investigation concerns whether the board of directors and/or senior management of Acamar Partners failed to manage Acamar Partners in an acceptable manner, in breach of their fiduciary duties to Acamar Partners shareholders, and whether, as a result, the shareholders of Acamar Partners suffered damages.
  • On October 21, 2020, Acamar Partners executed a merger agreement with the predecessor to CarLotz, with a December 21, 2020 record date for the shareholder vote.
  • IF YOU WERE AN ACAMAR PARTNERS SHAREHOLDER AND WISH TO DISCUSS KEHOE LAW FIRMS INVESTIGATION OR HAVE QUESTIONS ABOUT YOUR POTENTIAL LEGAL RIGHTS, PLEASE CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT.

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

Retrieved on: 
Tuesday, July 20, 2021

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 announced that it has commenced an underwritten public offering of common shares of beneficial interest (“Common Shares”) pursuant to the Fund’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Trust also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of the Common Shares sold to cover over-allotments, if any. The final terms of the offering will depend on market and other conditions at the time of pricing, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Key Points: 
  • The Trust intends to invest the net proceeds from the offering in accordance with its investment objective and policies.
  • The offering of Common Shares may be made only by means of a prospectus.
  • 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.

VOC Energy Trust Announces Trust Quarterly Distribution

Retrieved on: 
Tuesday, July 20, 2021

VOC Energy Trust (NYSE: VOC) announced the Trust distribution of net profits for the second quarterly payment period ended June 30, 2021.

Key Points: 
  • Increase in cash reserve held by VOC Brazos Energy Partners, L.P.
  • Although VOC Brazos Energy Partners, L.P. has advised the Trust that VOC Brazos Energy Partners, L.P. believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.
  • The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.