Securities fraud

Veoneer Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Veoneer, Inc. is Fair to Shareholders; Investors are Encouraged to Contact the Firm – VNE

Retrieved on: 
Friday, July 23, 2021

NEW YORK, July 23, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Veoneer, Inc. (NYSE: VNE) to Magna International Inc. for $31.25 per share in cash is fair to Veoneer shareholders.

Key Points: 
  • NEW YORK, July 23, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Veoneer, Inc. (NYSE: VNE) to Magna International Inc. for $31.25 per share in cash is fair to Veoneer shareholders.
  • On behalf of Veoneer shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

SEC Halts Alleged Ongoing Offering Fraud Involving Cycling Companies

Retrieved on: 
Thursday, July 22, 2021

The SEC alleges that the defendants made false statements in raising millions of dollars for an investment fund ostensibly to purchase controlling interests in three Italian cycling companies, but never made the acquisitions and instead fraudulently diverted money raised.

Key Points: 
  • The SEC alleges that the defendants made false statements in raising millions of dollars for an investment fund ostensibly to purchase controlling interests in three Italian cycling companies, but never made the acquisitions and instead fraudulently diverted money raised.
  • According to the complaint, Mancini misappropriated almost $400,000 of investor funds and made at least $800,000 in Ponzi-like payments to other investors.
  • The SEC has significant expertise in rooting out investment fraud by tracing the uses of investor funds even where, as we allege happened here, some funds were transferred to foreign accounts.
  • The SEC seeks emergency relief as well as permanent injunctions, disgorgement of ill-gotten gains with prejudgment interest, and civil penalties.

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

Retrieved on: 
Thursday, July 22, 2021

The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) (DraftKings) on behalf of those who purchased or acquired DraftKings securities between December 23, 2019 and June 15, 2021, inclusive (the Class Period).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) (DraftKings) on behalf of those who purchased or acquired DraftKings securities between December 23, 2019 and June 15, 2021, inclusive (the Class Period).
  • 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.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against RenovaCare, Inc. (RCAR)

Retrieved on: 
Thursday, July 22, 2021

Investors suffering losses on their RenovaCare investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .

Key Points: 
  • Investors suffering losses on their RenovaCare investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • On May 28, 2021, the United States Securities and Exchange Commission (SEC) issued a litigation release stating that RenovaCare was being charged with alleged securities fraud.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

INVESTIGATION: Halper Sadeh LLP Investigates CLDB, SHSP, IKNX, RIVE; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, July 22, 2021

IKONICS Corporation (NASDAQ: IKNX)concerning potential violations ofthe federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc.

Key Points: 
  • IKONICS Corporation (NASDAQ: IKNX)concerning potential violations ofthe federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc.
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLPrepresents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

INVESTIGATION: Halper Sadeh LLP Investigates BRBS, GPX, TGRF, LDL; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, July 22, 2021

Upon closing of the transaction, Blue Ridge shareholders will own approximately 52.5% of the combined company on a fully diluted basis.

Key Points: 
  • Upon closing of the transaction, Blue Ridge shareholders will own approximately 52.5% of the combined company on a fully diluted basis.
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

INVESTIGATION: Halper Sadeh LLP Investigates QADA, SNR, JAX, RBNC; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, July 22, 2021

Under the terms of the agreement, New Senior shareholders will receive 0.1561 shares of newly issued Ventas stock per share of New Senior common stock.

Key Points: 
  • Under the terms of the agreement, New Senior shareholders will receive 0.1561 shares of newly issued Ventas stock per share of New Senior common stock.
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Score Media and Gaming, Inc. Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Thursday, July 22, 2021

LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Score Media and Gaming, Inc. ("Score" or the "Company") (NASDAQ: SCR) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Score Media and Gaming, Inc. ("Score" or the "Company") (NASDAQ: SCR) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • Then, on July 13, 2021, post-market, Score reported its financial results for its third fiscal quarter of 2021.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Piedmont Lithium, Inc. Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Thursday, July 22, 2021

LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Piedmont Lithium, Inc. ("Piedmont" or the "Company") (NASDAQ: PLL) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Piedmont Lithium, Inc. ("Piedmont" or the "Company") (NASDAQ: PLL) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • Piedmont has repeatedly delayed the process, despite promising investors as early as 2018 that it would obtain permits by 2019.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Vericel Corporation Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Thursday, July 22, 2021

LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Vericel Corporation ("Vericel" or the "Company") (NASDAQ: VCEL) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Vericel Corporation ("Vericel" or the "Company") (NASDAQ: VCEL) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • Vericel announced on May 7, 2019 that the company would enter into an exclusive license agreement in North America with MediWound Ltd. to commercialize NexoBrid, a product under development by MediWound for debridement of severe thermal burns.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.