Anti-corporate activism

SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Arcimoto Inc. (FUV) and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, April 7, 2021

On March 23, 2021, Bonitas Research published a short-seller report on Arcimoto.

Key Points: 
  • On March 23, 2021, Bonitas Research published a short-seller report on Arcimoto.
  • Whistleblowers: Persons with non-public information regarding Arcimoto should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws.
  • The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Danimer Scientific (DNMR) and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, April 7, 2021

Danimer reportedly says its claims are factual, but at least one expert is cited as stating that making broad claims about Nodax's biodegradability "is not accurate" and is "greenwashing."

Key Points: 
  • Danimer reportedly says its claims are factual, but at least one expert is cited as stating that making broad claims about Nodax's biodegradability "is not accurate" and is "greenwashing."
  • Whistleblowers: Persons with non-public information regarding Danimer should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws.
  • The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Multiple companies and their owners charged with conspiracy to commit fraud and rig bids for condo refurbishment contracts in the GTA

Retrieved on: 
Monday, March 29, 2021

A fourth company, CPL Interiors Ltd., was charged under the conspiracy provision of the Competition Actfor its role in the alleged scheme.

Key Points: 
  • A fourth company, CPL Interiors Ltd., was charged under the conspiracy provision of the Competition Actfor its role in the alleged scheme.
  • The Bureau alleges that the accused conspired to commit fraud and rig bids for refurbishment contracts issued by private condominium corporations in the GTA between 2009 and 2014.
  • The condominium corporations and the condominium owners who fund them are the alleged victims.
  • The Bureau also has a Whistleblowing Initiative for those who believe they can provide information about a possible violation of the Competition Act.

Halliburton Labs Opens Second Application Round

Retrieved on: 
Monday, March 22, 2021

Halliburton Labs today announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program.

Key Points: 
  • Halliburton Labs today announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program.
  • Were excited to identify technology entrepreneurs with ready-to-scale solutions in energy generation, storage, distribution, conservation, and the circular economy, said Dale Winger, managing director, Halliburton Labs.
  • Halliburton Labs will invite selected applicants to pitch for a spot in the program on May 21, 2021, at the Halliburton Labs Finalist Pitch Day.
  • Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors and industrial labs join to advance cleaner, affordable energy.

Halliburton Awards Multimillion Dollar Grant to Malaysian University

Retrieved on: 
Wednesday, March 17, 2021

Halliburton Company (NYSE: HAL) today announced it awarded a multimillion dollar software grant to Universiti Teknologi PETRONAS (UTP) to support the education and development of students pursuing careers in the oil and gas industry.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it awarded a multimillion dollar software grant to Universiti Teknologi PETRONAS (UTP) to support the education and development of students pursuing careers in the oil and gas industry.
  • The grant also facilitates the Halliburton Science and Technology for Exploration & Production Solutions (STEPS) program which offers students the opportunity to conduct a research project while receiving industry-relevant training and mentorship.
  • The donation is delivered through Halliburton Landmarks University Grants Program, which contributes renewable software licenses to qualified academic institutions worldwide.
  • "It is a privilege for us to receive this software grant from Halliburton.

SEC Awards Approximately $1.5 Million to Whistleblower

Retrieved on: 
Tuesday, March 9, 2021

As the numerous recent awards make clear, whistleblowers like the one awarded today play an integral part in the success of the SECs enforcement program.

Key Points: 
  • As the numerous recent awards make clear, whistleblowers like the one awarded today play an integral part in the success of the SECs enforcement program.
  • The SEC has awarded approximately $759 million to 143 individuals since issuing its first award in 2012.
  • No money has been taken or withheld from harmed investors to pay whistleblower awards.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Plug Power, Inc. (PLUG) on Behalf of Investors

Retrieved on: 
Friday, March 5, 2021

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Plug Power, Inc. (Plug or the Company) (NASDAQ: PLUG ) 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 Plug Power, Inc. (Plug or the Company) (NASDAQ: PLUG ) investors concerning the Companys possible violations of the federal securities laws.
  • On this news, the Companys stock price fell $3.68, or 7%, to close at $48.78 per share on March 2, 2021, thereby injuring investors.
  • Whistleblower Notice: Persons with non-public information regarding Plug 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.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of XL Fleet Corp. (XL) on Behalf of Investors

Retrieved on: 
Thursday, March 4, 2021

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of XL Fleet Corp. (XL or the Company) (NYSE: XL ) 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 XL Fleet Corp. (XL or the Company) (NYSE: XL ) investors concerning the Companys possible violations of the federal securities laws.
  • Citing interviews with former employees, the report alleged that at least 18 of 33 customers XL featured were inactive.
  • Whistleblower Notice: Persons with non-public information regarding XL 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.

SEC Issues Over $5 Million to Joint Whistleblowers Located Abroad

Retrieved on: 
Thursday, March 4, 2021

The whistleblowers provided significant information about misconduct abroad that directly supported certain allegations in the enforcement action.

Key Points: 
  • The whistleblowers provided significant information about misconduct abroad that directly supported certain allegations in the enforcement action.
  • The whistleblowers information alerted the staff to misconduct occurring abroad which could have been difficult to detect without their tip,said Jane Norberg, Chief of the SECs Office of the Whistleblower.
  • The SEC has awarded approximately $758 million to 142 individuals since issuing its first award in 2012.
  • As set forth in the Dodd-Frank Act, the SEC protects the confidentiality of whistleblowers and does not disclose information that could reveal a whistleblowers identity.

Halliburton 2021 First Quarter Conference Call

Retrieved on: 
Wednesday, March 3, 2021

Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, April 21, 2021, to discuss its first quarter 2021 financial results.

Key Points: 
  • Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, April 21, 2021, to discuss its first quarter 2021 financial results.
  • The Company will issue a press release regarding the first quarter 2021 earnings prior to the conference call.
  • The press release will be posted on the Halliburton website at www.halliburton.com .
  • A replay of the conference call will be available on Halliburtons website until April 28, 2021.