Fiduciary

VIAVI Urges EXFO Special Committee to Uphold Their Fiduciary Duty to Maximize Value for All Shareholders

Retrieved on: 
Monday, July 26, 2021
EXFO, Fiduciary

SCOTTSDALE, Ariz., July 26, 2021 /PRNewswire/ -- Viavi Solutions Inc. ("VIAVI") (NASDAQ: VIAV) is once again extremely disappointed that Germain Lamonde, EXFO Inc.'s (TSX: EXF) (NASDAQ: EXFO) ("EXFO") Chairman and majority shareholder, and the EXFO Special Committee have rejected our increased binding proposal (the "Binding Proposal") to acquire EXFO for US$8.00 in cash per share. VIAVI's increased Binding Proposal represents a significant premium of:

Key Points: 
  • Similarly, the EXFO Special Committee, following Mr. Lamonde's ultimatum, also publicly declined to engage with VIAVI.
  • Instead, from what we can tell based on the EXFO circular, the EXFO Special Committee has hardly negotiated with Mr. Lamonde.
  • Shareholders deserve better and the EXFO Special Committee is urged to take this opportunity to work with VIAVI to maximize value for all shareholders in accordance with its fiduciary duty.
  • The combination of VIAVI and EXFO would build a leader in communications test and measurement for the next decade.

Kessler Topaz Meltzer & Check, LLP Reminds Full Truck Alliance Co. Ltd. Investors of Important Deadline in Securities Fraud Class Action Lawsuit

Retrieved on: 
Monday, July 26, 2021
Common law, Equity, Fiduciary, Topaz

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

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 .

Shareholder Alert: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Rocket Companies, Inc. of Securities Class Action Lawsuit

Retrieved on: 
Sunday, July 25, 2021
Surnames, Kessler, Fiduciary

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • Throughout the Class Period, Rocket continued to tout its business operations and downplayed the effects of competition on Rockets gain on sale margins.
  • 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.

3D SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of 3D Systems Corporation - DDD

Retrieved on: 
Saturday, July 24, 2021
Legal, Professional services, Charles Foti, Foti, Fiduciary, New Orleans, LOUISIANA

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (KSF), announces that KSF has commenced an investigation into 3D Systems Corporation (NYSE: DDD).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (KSF), announces that KSF has commenced an investigation into 3D Systems Corporation (NYSE: DDD).
  • Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit for failing to disclose material information during the Class Period, violating federal securities laws, which remains ongoing.
  • KSFs investigation is focusing on whether 3Ds officers and/or directors breached their fiduciary duties to 3Ds shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Atlantic Capital Bancshares, Inc. Buyout

Retrieved on: 
Friday, July 23, 2021
Economy of New York City, NASDAQ, Fiduciary, Finance

announces that it is investigating Atlantic Capital Bancshares, Inc. (Atlantic Capital) (NASDAQ GS: ACBI ) regarding possible breaches of fiduciary duties and other violations of law related to Atlantic Capitals agreement to be acquired by South State Corporation (NASDAQ GS: SSB ).

Key Points: 
  • announces that it is investigating Atlantic Capital Bancshares, Inc. (Atlantic Capital) (NASDAQ GS: ACBI ) regarding possible breaches of fiduciary duties and other violations of law related to Atlantic Capitals agreement to be acquired by South State Corporation (NASDAQ GS: SSB ).
  • Under the terms of the agreement, Atlantic Capitals shareholders will receive $26.43 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-atlantic-capital-bancshares-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of The New Home Company Inc. Buyout

Retrieved on: 
Friday, July 23, 2021
Drexel Burnham Lambert, Common law, Equity, Fiduciary, Apollo Global Management, New York Stock Exchange, Apollo Education Group, Finance, Companies, Investment

announces that it is investigating The New Home Company Inc. (New Home) (NYSE: NWHM ) regarding possible breaches of fiduciary duties and other violations of law related to New Homes agreement to be acquired by affiliates of Apollo Global Management, Inc.

Key Points: 
  • announces that it is investigating The New Home Company Inc. (New Home) (NYSE: NWHM ) regarding possible breaches of fiduciary duties and other violations of law related to New Homes agreement to be acquired by affiliates of Apollo Global Management, Inc.
  • Under the terms of the agreement, New Homes shareholders will receive $9.00 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-new-home-company-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Veoneer, Inc. Buyout

Retrieved on: 
Friday, July 23, 2021
Veoneer, New York Stock Exchange, Fiduciary

announces that it is investigating Veoneer, Inc. (Veoneer) (NYSE: VNE ) regarding possible breaches of fiduciary duties and other violations of law related to Veoneers agreement to be acquired by Magna International Inc. (NYSE: MGA ).

Key Points: 
  • announces that it is investigating Veoneer, Inc. (Veoneer) (NYSE: VNE ) regarding possible breaches of fiduciary duties and other violations of law related to Veoneers agreement to be acquired by Magna International Inc. (NYSE: MGA ).
  • Under the terms of the agreement, Veoneers shareholders will receive $31.25 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-veoneer-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

Shareholder Alert: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Securities Fraud Class Action Lawsuit Filed Against Rekor Systems, Inc.

Retrieved on: 
Thursday, July 22, 2021
Legal, Professional services, Common law, Equity, Fiduciary

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

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.

Scott+Scott Attorneys at Law LLP Continues Its Investigation of United Services Automobile Association’s Directors and Officers for Breach of Fiduciary Duties – USAA

Retrieved on: 
Thursday, July 22, 2021
Legal, Professional services, USAA, Fiduciary, Automobile Association, Financial services in the United States, Service companies, Economy of the United States

Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of United Services Automobile Association (USAA) breached their fiduciary duties to USAA and its members.

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of United Services Automobile Association (USAA) breached their fiduciary duties to USAA and its members.
  • If you are a USAA member, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .
  • Scott+Scott is investigating whether USAAs board of directors or senior management failed to manage USAA in an acceptable manner, in breach of their fiduciary duties to USAA, and whether USAA has suffered damages as a result.
  • If you are a USAA member, you may have legal claims against USAAs directors and officers.

Evercore Wealth Management Appoints Eva Anthony as Managing Director, Wealth and Fiduciary Advisor

Retrieved on: 
Thursday, July 22, 2021
Banking, Professional services, Finance, Evercore Wealth Management, Finance, Financial services, Evercore, Companies, BNY Mellon, Fiduciary, Trust company, Jeff Maurer

Evercore Wealth Management today announced the appointment of Eva Anthony as Managing Director and Wealth & Fiduciary Advisor of Evercore Wealth Management and Evercore Trust Company, N.A.

Key Points: 
  • Evercore Wealth Management today announced the appointment of Eva Anthony as Managing Director and Wealth & Fiduciary Advisor of Evercore Wealth Management and Evercore Trust Company, N.A.
  • Ms. Anthony joins Evercore from BNY Mellon Wealth Management, where she worked as a senior fiduciary specialist, providing fiduciary and planning advice to high net worth clients.
  • We are pleased to welcome Eva to our firm, said Chris Zander, CEO of Evercore Wealth Management and Evercore Trust Company.
  • Additionally, Evercore Wealth Management offers personal trust and custody services to its clients through its Wilmington, Delaware-based affiliate Evercore Trust Company, N.A.