Legal entities

Canadian icons come together: Canopy Growth and Drake launch new cannabis wellness company

Retrieved on: 
Thursday, November 7, 2019
Business, Articles, Musicians, Business models, Legal entities, Canopy Growth, Drake, Subsidiary, Entrepreneurship

"The opportunity to partner with a world-class company like Canopy Growth on a global scale is really exciting," shared More Life Growth Company founder, Drake.

Key Points: 
  • "The opportunity to partner with a world-class company like Canopy Growth on a global scale is really exciting," shared More Life Growth Company founder, Drake.
  • In connection with the launch of the More Life brand, a previously wholly-owned subsidiary (the "More Life Growth Company") of Canopy Growth, has issued shares to certain entities that are controlled by Drake ("Drake").
  • Following the issuance of the shares, Drake holds a 60% ownership interest in the More Life Growth Company, with Canopy Growth retaining a 40% ownership.
  • Canopy Growth and Drake have entered into a shareholders agreement, investor rights agreements, and various other ancillary agreements to govern the operations of the More Life Growth Company.

Canadian icons come together: Canopy Growth and Drake launch new cannabis wellness company

Retrieved on: 
Thursday, November 7, 2019
Business, Articles, Musicians, Business models, Legal entities, Canopy Growth, Drake, Subsidiary, Entrepreneurship

"The opportunity to partner with a world-class company like Canopy Growth on a global scale is really exciting," shared More Life Growth Company founder, Drake.

Key Points: 
  • "The opportunity to partner with a world-class company like Canopy Growth on a global scale is really exciting," shared More Life Growth Company founder, Drake.
  • In connection with the launch of the More Life brand, a previously wholly-owned subsidiary (the "More Life Growth Company") of Canopy Growth, has issued shares to certain entities that are controlled by Drake ("Drake").
  • Following the issuance of the shares, Drake holds a 60% ownership interest in the More Life Growth Company, with Canopy Growth retaining a 40% ownership.
  • Canopy Growth and Drake have entered into a shareholders agreement, investor rights agreements, and various other ancillary agreements to govern the operations of the More Life Growth Company.

Nielsen To Separate Into Two Leading Global Companies

Retrieved on: 
Thursday, November 7, 2019
Public company, Nielsen, Legal entities, Corporate finance

"Nielsen has two strong and global franchisesGlobal Media and Global Connect.

Key Points: 
  • "Nielsen has two strong and global franchisesGlobal Media and Global Connect.
  • "Both the Global Media and Global Connect businesses are independently essential to the industries they serve, but each business has unique dynamics.
  • Creating two separate and independent publicly traded companies will enable each business to:
    Drive results with a singular focus and an independent structure that allows faster decision-making.
  • Immediately following the transaction, Nielsen shareholders will own shares of both Nielsen and the new entity holding the Nielsen Global Connect business.

Nielsen To Separate Into Two Leading Global Companies

Retrieved on: 
Thursday, November 7, 2019
Public company, Nielsen, Legal entities, Corporate finance

"Nielsen has two strong and global franchisesGlobal Media and Global Connect.

Key Points: 
  • "Nielsen has two strong and global franchisesGlobal Media and Global Connect.
  • "Both the Global Media and Global Connect businesses are independently essential to the industries they serve, but each business has unique dynamics.
  • Creating two separate and independent publicly traded companies will enable each business to:
    Drive results with a singular focus and an independent structure that allows faster decision-making.
  • Immediately following the transaction, Nielsen shareholders will own shares of both Nielsen and the new entity holding the Nielsen Global Connect business.

Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Diversified Restaurant Holdings, Inc. has obtained a Fair Price in its sale to the ICV Partners

Retrieved on: 
Wednesday, November 6, 2019
Ademi, Fiduciary, Limited liability partnership, Organizations, Law, Legal entities

MILWAUKEE, Nov. 6, 2019 /PRNewswire/ --Ademi & O'Reilly, LLP is investigating Diversified Restaurant (Nasdaq: SAUC)for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Diversified Restaurant to the ICV.

Key Points: 
  • MILWAUKEE, Nov. 6, 2019 /PRNewswire/ --Ademi & O'Reilly, LLP is investigating Diversified Restaurant (Nasdaq: SAUC)for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Diversified Restaurant to the ICV.
  • Ademi & O'Reilly, LLP alleges Diversified Restaurant's financial outlook is improving and yet shareholders will receive only $1.05.
  • The merger agreement unreasonably limits competing bids for Diversified Restaurant by prohibiting solicitation of further bids, and imposing a termination penalty if Diversified Restaurant accepts a superior bid.
  • If you own common stock in Diversified Restaurant and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/diversified-restaurant-holdings-inc .

FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of MO, MTCH, SDC and WTRH

Retrieved on: 
Wednesday, November 6, 2019
Legal entities, Corporate taxation in the United States, Limited liability company

CEDARHURST, N.Y., Nov. 05, 2019 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of the following publicly traded companies.

Key Points: 
  • CEDARHURST, N.Y., Nov. 05, 2019 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of the following publicly traded companies.
  • Shareholders who purchased shares in these companies during the dates listed are encouraged to contact us toll-free at 1-833-835-1495, via email ([email protected]), or via the case links.
  • Investors Affected: shares issued either in or after the September 2019 Initial Public Offering.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

Kaskela Law LLC Announces Investigation of Health Insurance Innovations, Inc. on Behalf of Stockholders

Retrieved on: 
Tuesday, November 5, 2019
Legal, Professional services, Economy, Finance, Money, Legal entities, Business law, Corporate taxation in the United States, Limited liability company, Health Insurance Innovations, Fiduciary, Insurance, Stock, Board of directors

Kaskela Law LLC has commenced an investigation of Health Insurance Innovations, Inc. (Health Insurance Innovations or the Company) (NASDAQ: HIIQ) on behalf of the Companys stockholders.

Key Points: 
  • Kaskela Law LLC has commenced an investigation of Health Insurance Innovations, Inc. (Health Insurance Innovations or the Company) (NASDAQ: HIIQ) on behalf of the Companys stockholders.
  • Health Insurance Innovations stockholders who purchased shares of the Companys stock before September 25, 2017 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • Kaskela Law LLC is investigating whether Health Insurance Innovations executive officers and/or directors breached their fiduciary duties to the Company and its stockholders in connection with the above alleged misconduct.
  • Kaskela Law LLC prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors.

SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating the Following Transaction

Retrieved on: 
Monday, November 4, 2019
Finance, Economy, Money, Stock market, Equity securities, Corporate finance, Legal entities, Security, Law firm, Business, Stock, Common stock

Under the terms of the Agreement, Shareholders of CETV common stock will have the right to receive $4.58 in cash for each CETV common stock owned.

Key Points: 
  • Under the terms of the Agreement, Shareholders of CETV common stock will have the right to receive $4.58 in cash for each CETV common stock owned.
  • It is free and there is no cost or obligation to you.
  • Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.
  • Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

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

Retrieved on: 
Tuesday, November 5, 2019
Legal, Professional services, Partnerships, Limited liability partnership, Fiduciary, McInerney, Organizations, Law, Legal entities

The law firm of Kirby McInerney LLP is investigating potential claims against Under Armour, Inc. (Under Armour or the Company) (NYSE: UA , UAA ).

Key Points: 
  • The law firm of Kirby McInerney LLP is investigating potential claims against Under Armour, Inc. (Under Armour or the Company) (NYSE: UA , UAA ).
  • This investigation concerns whether Under Armour and certain of its officers and/or directors have breached fiduciary duties owed to the company and its investors.
  • Kirby McInerney LLP is a New York-based plaintiffs law firm concentrating in securities, antitrust, and whistleblower litigation.
  • Additional information about the firm can be found at Kirby McInerney LLPs website: www.kmllp.com .

First BanCorp. Announces Payment of Dividends on Preferred Stock

Retrieved on: 
Monday, November 4, 2019
Banking, Professional services, Finance, Companies, Finance, Financial markets, First Bancorp, FirstBank, Legal entities, Dividend, PUERTO RICO, First Bank, Limited liability company, Preferred stock, First Bank of Nigeria

is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC.

Key Points: 
  • is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC.
  • Among the subsidiaries of FirstBank Puerto Rico are First Federal Finance Limited Liability Company and First Express, Inc., both small loan companies.
  • First BanCorps shares of common stock trade on the New York Stock Exchange under the symbol FBP.
  • Such forward-looking statements include, but are not limited to, statements regarding the Corporations ability to declare dividends on the Corporations Preferred Stock in any future periods.