Anti-corporate activism

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Concho Resources Inc. (CXO) on Behalf of Investors

Retrieved on: 
Tuesday, August 3, 2021

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Concho Resources Inc. (Concho or the Company) (NYSE: CXO) investors concerning the Companys possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Concho Resources Inc. (Concho or the Company) (NYSE: CXO) investors concerning the Companys possible violations of the federal securities laws.
  • In 2018, Concho planned and constructed the Dominator Project (Dominator) located in the Permian Basin.
  • Whistleblower Notice: Persons with non-public information regarding Concho should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

Judah VanSyckel Named 2021 Legal Elite by Columbia Business Monthly for Three Categories

Retrieved on: 
Tuesday, August 3, 2021

LEXINGTON, S.C., Aug. 3, 2021 /PRNewswire/ -- Saluda Law is proud to announce that Attorney Judah VanSyckel has been named by Columbia Business Monthly as one of the 2021 Legal Elite in South Carolina for the Corporate Investigations, Healthcare, and Criminal categories.

Key Points: 
  • LEXINGTON, S.C., Aug. 3, 2021 /PRNewswire/ -- Saluda Law is proud to announce that Attorney Judah VanSyckel has been named by Columbia Business Monthly as one of the 2021 Legal Elite in South Carolina for the Corporate Investigations, Healthcare, and Criminal categories.
  • Mr. VanSyckel is thankful to have been recognized by the Columbia Business Monthly and other South Carolina Attorneys for his work in these areas.
  • A former healthcare fraud prosecutor, Mr. VanSyckel's practice areas include criminal defense , whistleblower matters , and healthcare matters.
  • Mr. VanSyckel would like to thank his clients for the trust that they have placed in him over the years with their legal needs.

SEC Issues Whistleblower Awards Totaling More Than $4 Million

Retrieved on: 
Monday, August 2, 2021

In the first order, the SEC awarded more than $2 million to a whistleblower who provided valuable information that resulted in SEC staff initiating an investigation, as well as ongoing assistance that included participating in multiple interviews and identifying key individuals and entities.The SEC also awarded more than $150,000 to another whistleblower, whose information prompted SEC staff to expand its investigation into other alleged conduct at the relevant company.

Key Points: 
  • In the first order, the SEC awarded more than $2 million to a whistleblower who provided valuable information that resulted in SEC staff initiating an investigation, as well as ongoing assistance that included participating in multiple interviews and identifying key individuals and entities.The SEC also awarded more than $150,000 to another whistleblower, whose information prompted SEC staff to expand its investigation into other alleged conduct at the relevant company.
  • In the second order, the SEC awarded more than $1.1 million to a whistleblower who reported misconduct internally and was the first to alert the SEC to the violations.The SEC also awarded another whistleblower more than $500,000.While the second whistleblowers information was important, the first whistleblower's information was more significant as it was broader and more timely submitted.
  • "Today's awards underscore the important role that whistleblowers play in detecting and halting securities laws violations,"said Emily Pasquinelli, Acting Chief of the SEC's Office of the Whistleblower.
  • Whistleblower awards can range from 10-30%of the money collected when the monetary sanctions exceed $1 million.

HAGENS BERMAN, NATIONAL ATTORNEYS, Reminds Athira Pharma (ATHA) Investors of Securities Class Action and Urges Investors with Losses to Contact Firm’s Attorneys

Retrieved on: 
Monday, July 26, 2021

The same day, STAT News reported Athiras decision was based on allegations of altered images in four separate papers on which Kawas was the lead author.

Key Points: 
  • The same day, STAT News reported Athiras decision was based on allegations of altered images in four separate papers on which Kawas was the lead author.
  • If you are a Athira investor and have significant losses, or have knowledge that may assist the firms investigation, click here to discuss your legal rights with Hagens Berman .
  • Whistleblowers: Persons with non-public information regarding Athira should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Full Truck Alliance (YMM) Investors of Securities Class Action, Advises Investors to Contact Firm’s Attorneys

Retrieved on: 
Monday, July 26, 2021

This news sent the price of Full Truck Alliance ADRs crashing lower on July 6, 2021.

Key Points: 
  • This news sent the price of Full Truck Alliance ADRs crashing lower on July 6, 2021.
  • If you are a Full Truck Alliance investor and have significant losses, or have knowledge that may assist the firms investigation, click here to discuss your legal rights with Hagens Berman .
  • Whistleblowers: Persons with non-public information regarding Full Truck Alliance should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

SEC Awards Nearly $3 Million to Whistleblower

Retrieved on: 
Wednesday, July 21, 2021

Washington, D.C.--(Newsfile Corp. - July 21, 2021) - The Securities and Exchange Commission today announced an award of nearly $3million to a whistleblower whose information and assistance led to a successful SEC enforcement action.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - July 21, 2021) - The Securities and Exchange Commission today announced an award of nearly $3million to a whistleblower whose information and assistance led to a successful SEC enforcement action.
  • The whistleblower alerted the SEC to previously unknown conduct and then provided substantial additional assistance, which conserved a considerable amount of SEC resources, said Emily Pasquinelli, Acting Chief of the SECs Office of the Whistleblower.
  • The SEC has awarded approximately $942 million to 186 individuals since issuing its first award in 2012.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Ardelyx, Inc.

Retrieved on: 
Wednesday, July 21, 2021

The law firm of Kirby McInerney LLP is investigating potential claims against Ardelyx, Inc. (Ardelyx or the Company) (NASDAQ: ARDX ).

Key Points: 
  • The law firm of Kirby McInerney LLP is investigating potential claims against Ardelyx, Inc. (Ardelyx or the Company) (NASDAQ: ARDX ).
  • The investigation concerns whether Ardelyx has violated the federal securities laws and/or engaged in other unlawful business practices.
  • Kirby McInerney LLP is a New York-based plaintiffs law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • Additional information about the firm can be found at Kirby McInerney LLPs website: http://www.kmllp.com .

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against Athira Pharma, Inc. and Encourages Investors to Contact the Firm Before August 24, 2021

Retrieved on: 
Saturday, July 17, 2021

Investors have until August 24, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuits.

Key Points: 
  • Investors have until August 24, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuits.
  • In January 2021, the Company completed a follow-on public offering of its common stock.
  • On June 17, 2021, Athira issued a press release announcing that the Companys Chief Operating Officer had assumed day-to-day leadership responsibilities for the Company, effective immediately.
  • Kirby McInerney LLP is a New York-based plaintiffs law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.

SEC Awards More Than $1 Million to Whistleblower

Retrieved on: 
Thursday, July 15, 2021

The whistleblower provided SEC staff with valuable information and ongoing assistance, which included participating in an interview with the staff and providing documents and additional information, saving the SEC time and resources.

Key Points: 
  • The whistleblower provided SEC staff with valuable information and ongoing assistance, which included participating in an interview with the staff and providing documents and additional information, saving the SEC time and resources.
  • Todays whistleblower played a critical role in the SEC bringing an enforcement action, said Emily Pasquinelli, Acting Chief of the SECs Office of the Whistleblower.
  • The SEC has awarded approximately $939 million to 182 individuals since issuing its first award in 2012.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

Petrofac Signs Contract for Halliburton DecisionSpace® 365

Retrieved on: 
Thursday, July 15, 2021

Halliburton Company (NYSE: HAL) today announced it signed a contract with Petrofac, an international service provider to the energy industry, to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it signed a contract with Petrofac, an international service provider to the energy industry, to adopt Digital Well Program, a DecisionSpace 365 cloud application to automate drilling, completions, and engineering processes.
  • The three-year contract will enable Petrofac to incorporate artificial intelligence, machine learning, and data science to optimize its well engineering service offering.
  • DecisionSpace365 enables Petrofac to combine well engineering with productivity tools in the cloud to deliver unique value to their customers.
  • We look forward to collaborating with Petrofac to support their digital transformation journey, said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions and Consulting.