Equity

ACA, Alliance Bank of Arizona, KEO Marketing and MDSL Executives Elected to the Arizona Technology Council’s Board of Directors

Retrieved on: 
Friday, January 17, 2020

The four executives were elected unanimously to serve three-year terms at the Councils quarterly board meeting held on January 16.

Key Points: 
  • The four executives were elected unanimously to serve three-year terms at the Councils quarterly board meeting held on January 16.
  • The board of directors serves an advisory and fiduciary role by representing the interests of the states technology industries in the Council's strategic planning and ongoing operations.
  • During her tenure with ACA and predecessor Arizona Department of Commerce, Watson served in multiple positions with increasing responsibilities and results.
  • These interactions contribute to the Councils culture of growing member businesses and transforming technology in Arizona.

Hugoton Royalty Trust Announces Rescheduled Arbitration Hearing

Retrieved on: 
Friday, January 17, 2020

DALLAS, Jan. 17, 2020 /PRNewswire/ --Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQX:HGTXU) (the "Trust"), today announced that the arbitration hearing regarding the Chieftain settlement scheduled to commence January 20, 2020, has been rescheduled for April 27, 2020 at the request of the arbitration panel.

Key Points: 
  • DALLAS, Jan. 17, 2020 /PRNewswire/ --Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQX:HGTXU) (the "Trust"), today announced that the arbitration hearing regarding the Chieftain settlement scheduled to commence January 20, 2020, has been rescheduled for April 27, 2020 at the request of the arbitration panel.
  • As previously disclosed, XTO Energy advised the Trustee that it reached a settlement with the plaintiffs in the Chieftainclass action royalty case.
  • Based on the final plan of allocation XTO Energy has advised the Trustee that it believes approximately $24.3 million in additional production costs should be allocated to the Trust.
  • The hearing on the claims related to the Chieftain settlement had been scheduled for January 20, 2020 but has been rescheduled for April 27, 2020.

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties By Management of McDonald’s Corporation – MCD

Retrieved on: 
Thursday, January 16, 2020

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of McDonalds Corporation (NYSE:MCD) resulting from allegations that management may have issued materially misleading business information to the investing public.

Key Points: 
  • Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of McDonalds Corporation (NYSE:MCD) resulting from allegations that management may have issued materially misleading business information to the investing public.
  • Then on November 3, 2019, McDonalds Chief Executive Officer, Steve Easterbrook, was terminated for having an undisclosed relationship with an employee.
  • You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected] .
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Unified Trust Names New Institutional Retirement Consultant

Retrieved on: 
Thursday, January 16, 2020

has named Philip Gould, as the new Institutional Retirement Consultant for their Retirement Plan Consulting Group, a division of Unified Trust.

Key Points: 
  • has named Philip Gould, as the new Institutional Retirement Consultant for their Retirement Plan Consulting Group, a division of Unified Trust.
  • Mr. Gould will work with retirement plans and advisors throughout the Texas/South Central region of the country, helping employers and their employees achieve successful retirement outcomes.
  • I am very excited and proud to start my new journey with the Unified Trust team, a company that has and always will be committed to helping participants achieve retirement success, said Gould.
  • (Lexington, Ky., $5 billion in assets under management) is a national bank trust company and discretionary trustee, serving individual, institutional and retirement plan investors.

SHAREHOLDER NOTICE: Scott+Scott Attorneys at Law LLP Investigating Live Nation Entertainment, Inc.’s Directors and Officers for Breach of Fiduciary Duties – LYV

Retrieved on: 
Thursday, January 16, 2020

Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating certain directors and officers of Live Nation Entertainment, Inc. (Live Nation) (NYSE: LYV) for breaching their fiduciary duties to Live Nation and its shareholders.

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating certain directors and officers of Live Nation Entertainment, Inc. (Live Nation) (NYSE: LYV) for breaching their fiduciary duties to Live Nation and its shareholders.
  • In 2010, a consent decree was reached with the federal government in connection with the merger of Live Nation and Ticketmaster.
  • Scott+Scott is investigating whether Live Nations board or directors or senior management caused Live Nation to violate the 2010 consent decree, in breach of their fiduciary duties to Live Nation, and whether Live Nation has suffered damages as a result.
  • If you are a Live Nation shareholder, you may have legal claims against Live Nations directors and officers.

SHAREHOLDER NOTICE: Scott+Scott Attorneys at Law LLP Investigating Landec Corporation’s Directors and Officers for Breach of Fiduciary Duties – LNDC

Retrieved on: 
Thursday, January 16, 2020

Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating certain directors and officers of Landec Corporation (Landec) (NASDAQ: LNDC) for breaching their fiduciary duties to Landec and its shareholders.

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating certain directors and officers of Landec Corporation (Landec) (NASDAQ: LNDC) for breaching their fiduciary duties to Landec and its shareholders.
  • If you are a Landec shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .
  • On this news, Landecs share price fell $1.14, or over 10%, to close at $10.03 per share on January 3, 2020.
  • If you are a Landec shareholder, you may have legal claims against Landecs directors and officers.

Alvarez & Marsal Announces 2020 Managing Director Promotions

Retrieved on: 
Thursday, January 16, 2020

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to drive change and achieve results.

Key Points: 
  • Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to drive change and achieve results.
  • Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.
  • With over 4,000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges.
  • Our senior leaders, and their teams, help organizations transform operations, catapult growth and accelerate results through decisive action.

HXL, TLRA, CBB, and INST SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts

Retrieved on: 
Thursday, January 16, 2020

To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-hexcel-corporation .

Key Points: 
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-hexcel-corporation .
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-telaria-inc .
  • Instructure, Inc. (NYSE: INST ) regarding possible breaches of fiduciary duties and other violations of law related to Instructures agreement to be acquired by Thoma Bravo, LLC.
  • Shareholders of Instructure will receive $47.60 in cash for each share of Instructure owned.

Gemspring Capital Invests in Skyline Displays

Retrieved on: 
Wednesday, January 15, 2020

Gemspring Capital, a middle-market private equity firm, is pleased to announce an affiliate has completed the simultaneous acquisitions of Skyline Displays, a leading provider of displays, exhibits and services for trade shows and large corporate events, and TradeTec, the largest Skyline independent dealer.

Key Points: 
  • Gemspring Capital, a middle-market private equity firm, is pleased to announce an affiliate has completed the simultaneous acquisitions of Skyline Displays, a leading provider of displays, exhibits and services for trade shows and large corporate events, and TradeTec, the largest Skyline independent dealer.
  • Bill Dierberger, President & CEO of Skyline, commented on the transaction: We are excited to partner with Gemspring during the next phase of growth for Skyline.
  • Skyline is the innovation home for Skyline WindScape, the Worlds First Air-Powered Exhibit System worldwide.
  • Gemspring Capital, a Westport, Connecticut-based private equity firm with $355 million of capital under management, provides equity capital to growing lower middle market companies headquartered in the United States and Canada.

ERES REIT Declares January 2020 Monthly Distribution

Retrieved on: 
Wednesday, January 15, 2020

TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX-V:ERE.UN, ERES) is pleased to announce that the trustees of ERES have declared the January 2020 monthly cash distribution of 0.00875 per Unit and Class B LP Unit (the January Distribution), being equivalent to 0.105 per Unit annualized.

Key Points: 
  • TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX-V:ERE.UN, ERES) is pleased to announce that the trustees of ERES have declared the January 2020 monthly cash distribution of 0.00875 per Unit and Class B LP Unit (the January Distribution), being equivalent to 0.105 per Unit annualized.
  • The distribution will be payable to holders of the Units and Class B LP Units (the Unitholders) of record on January 31, 2020, with payment on February 18, 2020.
  • Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars.
  • ERES intends to continue to make regular monthly distributions, subject to the discretion of the ERES board of trustees.