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Barnes Announces Update to Board of Directors

Retrieved on: 
Tuesday, March 5, 2024

Mr. Barnes will become Chairman Emeritus and continue to lead the Barnes Foundation following his retirement from the Board.

Key Points: 
  • Mr. Barnes will become Chairman Emeritus and continue to lead the Barnes Foundation following his retirement from the Board.
  • Barnes will also work with Irenic to identify an additional mutually agreed upon independent director to appoint to the Board of Directors.
  • Thomas O. Barnes, Chairman of the Board, said, “It has been an honor to serve the company my family founded in 1857.
  • On behalf of the Board and the entire Barnes team, I want to thank Mylle for her service and wish her all the best going forward.”
    Barnes added, “I am delighted that the Board has selected Dick as my successor as Chair of our Board of Directors.

Otterbourg Launches Mass Tort Bankruptcy Practice Group

Retrieved on: 
Tuesday, March 5, 2024

announced today the launch of its Mass Tort Bankruptcy Practice Group.

Key Points: 
  • announced today the launch of its Mass Tort Bankruptcy Practice Group.
  • The move makes formal what had been treated as a highly-successful informal practice group within Otterbourg for the past few years.
  • This cross-departmental practice group is led by Bankruptcy and Restructuring Partner Sunni P. Beville and Litigation Partner Adam C. Silverstein and receives, as it always has since Otterbourg entered the mass tort bankruptcy space, ongoing and invaluable input from Melanie Cyganowski , retired Chief Judge of the Bankruptcy Court for the Eastern District of New York and Chair of Otterbourg’s Bankruptcy and Restructuring Department.
  • “After working extensively on many of the biggest cases, we are excited to formally launch our Mass Tort Bankruptcy Practice Group to further expand our work in this growing practice area,” said Otterbourg chairman Richard L. Stehl.

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Against Cummins Inc. (CMI) and Urges CMI Investors with Substantial Losses to Contact the Firm

Retrieved on: 
Monday, March 4, 2024

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Cummins Inc. (“Cummins”) ( NYSE: CMI ).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Cummins Inc. (“Cummins”) ( NYSE: CMI ).
  • The action charges Cummins with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Cummins’ s materially misleading statements and omissions to the public, Cummins’ s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Cummins investors who have suffered significant losses to contact the firm directly to acquire more information.

Baron & Budd Shareholder Scott Summy Receives Distinguished Alumni Honor from Texas Tech University Law School

Retrieved on: 
Monday, March 4, 2024

Baron & Budd is pleased to announce that shareholder and leader of the Environmental Litigation Group, Scott Summy , was honored by his alma mater Texas Tech University Law School with the prestigious Distinguished Alumni Award.

Key Points: 
  • Baron & Budd is pleased to announce that shareholder and leader of the Environmental Litigation Group, Scott Summy , was honored by his alma mater Texas Tech University Law School with the prestigious Distinguished Alumni Award.
  • View the full release here: https://www.businesswire.com/news/home/20240304685488/en/
    The award was presented over the weekend at the university’s 20th Annual Law School Scholarship Gala at the Overton Hotel and Conference Center in Lubbock, Texas, on Saturday, March 2, 2024.
  • Glenn West, a fellow alumnus of Tarleton State University and a member of the Texas Tech Law School Foundation Board, recommended Summy for the Distinguished Alumni Award.
  • In his letter, he wrote, "This award recognizes an ‘alumnus whose accomplishments and career have brought credit to the law school and to the legal profession as a whole.’ Scott has done that more than most."

Ventas Announces James D. Shelton Has Decided to Retire from Board Before 2024 Annual Meeting

Retrieved on: 
Monday, March 4, 2024

Ventas, Inc. (NYSE: VTR) today announced that James D. (“Denny”) Shelton, the Lead Independent Director of the Ventas Board of Directors, has decided to retire from the Board, effective immediately prior to the 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”).

Key Points: 
  • Ventas, Inc. (NYSE: VTR) today announced that James D. (“Denny”) Shelton, the Lead Independent Director of the Ventas Board of Directors, has decided to retire from the Board, effective immediately prior to the 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”).
  • The independent directors have unanimously appointed Roxanne Martino, a Ventas director since 2016 and former CEO of Aurora Investment Management, as Lead Independent Director, effective following the 2024 Annual Meeting.
  • Debra A. Cafaro, Ventas Chairman and CEO, said, “On behalf of Ventas, I thank Denny for his outstanding contributions during his 16 years on the Board and eight years as Lead Independent Director.
  • In a separate release issued today, Ventas announced that Theodore Bigman and Joe V. Rodriguez, Jr. have been appointed as independent members of the Company’s Board of Directors, effective immediately.

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Against BioNTech SE (BNTX) and Urges BNTX Investors with Substantial Losses to Contact the Firm

Retrieved on: 
Monday, March 4, 2024

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against BioNTech SE (“BioNTech”) ( NASDAQ: BNTX ).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against BioNTech SE (“BioNTech”) ( NASDAQ: BNTX ).
  • The action charges BioNTech with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of BioNTech’ s materially misleading statements and omissions to the public, BioNTech’ s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages BioNTech investors who have suffered significant losses to contact the firm directly to acquire more information.

PANW CLASS ACTION ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Announces Class Action Lawsuit Filed Against Palo Alto Networks, Inc. (PANW)

Retrieved on: 
Sunday, March 3, 2024

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Palo Alto Networks, Inc. (“Palo Alto”) ( NASDAQ: PANW ).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Palo Alto Networks, Inc. (“Palo Alto”) ( NASDAQ: PANW ).
  • As a result of Palo Alto’s materially misleading statements and omissions to the public, Palo Alto’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Palo Alto investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The class action complaint against Palo Alto, Schlaegel v. Palo Alto Networks, Inc., et al., Case No.

Everbridge Enters into Amended Merger Agreement with Thoma Bravo

Retrieved on: 
Friday, March 1, 2024

Everbridge, Inc. (Nasdaq: EVBG) (“Everbridge”), a global leader in critical event management and national public warning solutions, and Thoma Bravo, a leading software investment firm, today announced that they have amended and restated the previously announced merger agreement, dated February 4, 2024.

Key Points: 
  • Everbridge, Inc. (Nasdaq: EVBG) (“Everbridge”), a global leader in critical event management and national public warning solutions, and Thoma Bravo, a leading software investment firm, today announced that they have amended and restated the previously announced merger agreement, dated February 4, 2024.
  • Under the terms of the amended and restated agreement, Thoma Bravo has increased the price at which it has agreed to acquire all outstanding shares of Everbridge to $35.00 per share in cash, or $6.40 per share higher the original transaction price.
  • After acquisition proposals from such third party that the Everbridge Board of Directors determined to be superior proposals, Everbridge and Thoma Bravo entered into the amended and restated merger agreement providing for the price of $35.00 per share, which is higher than the prices offered by such third party in its proposals.
  • Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo.

New Online Course From Scrum Alliance® Educates Professionals for the AI-Integrated World of Work

Retrieved on: 
Thursday, February 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240229111131/en/
    Scrum Alliance launches AI & Agility: A Comprehensive Introduction, an online course that sees AI as an agile copilot that equips professionals to revolutionize how they deliver value.
  • In particular, Scrum Alliance says agile team members are poised to partner and thrive with AI as its influence grows.
  • The report’s survey of agile professionals and hiring managers also found that employers need to hire people with both technical and soft skills.
  • Talati says, “This course bridges the gap between AI and agile practices, empowering professionals to harness AI’s full potential for enhancing agile environments.

Caymus Equity-Backed Quality Environmental Services Joins Forces with Lakeshore Environmental Contractors, Strengthening Service Capabilities while Expanding Geographic Presence

Retrieved on: 
Wednesday, February 28, 2024

Quality Environmental Services (“Quality” or the “Company”), a leading specialty provider of a full suite of environmental remediation services in the Great Lakes region, has joined forces with Lakeshore Environmental Contractors (“LEC”), a highly complementary provider of environmental remediation services in the Gulf Coast and Southeast regions.

Key Points: 
  • Quality Environmental Services (“Quality” or the “Company”), a leading specialty provider of a full suite of environmental remediation services in the Great Lakes region, has joined forces with Lakeshore Environmental Contractors (“LEC”), a highly complementary provider of environmental remediation services in the Gulf Coast and Southeast regions.
  • LEC represents the first add-on acquisition completed by Quality since Caymus Equity’s majority investment in November 2023.
  • “Partnering with LEC represents significant progress toward achieving our strategic objectives for Quality,” commented Blake Cummings, Partner and investment lead at Caymus Equity.
  • To learn more about LEC, visit https://www.lecbiz.com/
    To read more about Quality, visit https://qualityenv.co/
    To learn more about Caymus Equity, visit https://www.caymusequity.com/
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240228995692/en/