Accounting Standards Codification

Bragar Eagel & Squire, P.C. Is Investigating Talkspace, TaskUs, Tecnoglass, and WeWork and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, February 1, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • that its co-founder and CEO, Oren Frank, has decided to step down from his position as CEO and Board member of Talkspace, effective today.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.
  • For more information on the WeWork investigation go to: https://bespc.com/cases/WE
    About Bragar Eagel & Squire, P.C.

Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Retrieved on: 
Thursday, January 27, 2022

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).

Bragar Eagel & Squire, P.C. Is Investigating TaskUs, Tecnoglass, WeWork, and Embark and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, January 27, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On January 20, 2022, Spruce Point Capital Management, LLC published a short-seller report on TaskUs.
  • For more information on the Embark investigation go to: https://bespc.com/cases/EMBK
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors WeWork Inc. - WE

Retrieved on: 
Sunday, January 23, 2022

NEW YORK, Jan. 23, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of WeWork Inc. (WeWork or the Company) (NYSE: WE).

Key Points: 
  • NEW YORK, Jan. 23, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of WeWork Inc. (WeWork or the Company) (NYSE: WE).
  • The investigation concerns whether WeWork and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Bragar Eagel & Squire, P.C. Is Investigating CareDx, Talkspace, Renesola, and WeWork and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, January 22, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • The DOJ is investigating business practices related to CareDxs kidney testing and phlebotomy services.
  • For more information on the CareDx investigation go to: https://bespc.com/cases/CDNA
    On November 15, 2021, post-market, Talkspace issued a press release announc[ing] .
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.

Bragar Eagel & Squire, P.C. Is Investigating WeWork, Natera, Lucid Group, and Nuvei and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, January 17, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.
  • On this news, Nateras stock declined as much as 3.5% during intraday trading on January 3, 2022, thereby injuring investors.
  • For more information on the Nuvei investigation go to: https://bespc.com/cases/NVEI
    About Bragar Eagel & Squire, P.C.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors WeWork Inc. - WE

Retrieved on: 
Thursday, January 13, 2022

NEW YORK, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of WeWork Inc. (WeWork or the Company) (NYSE: WE).

Key Points: 
  • NEW YORK, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of WeWork Inc. (WeWork or the Company) (NYSE: WE).
  • The investigation concerns whether WeWork and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Bragar Eagel & Squire, P.C. Is Investigating Standard Lithium, ReneSola, WeWork Inc., and Natera and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, January 12, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.
  • On this news, Nateras stock declined as much as 3.5% during intraday trading on January 3, 2022, thereby injuring investors.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Is Investigating Standard Lithium, ReneSola, WeWork Inc., and Natera and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, January 7, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.
  • On this news, Nateras stock declined as much as 3.5% during intraday trading on January 3, 2022, thereby injuring investors.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

WEWORK ALERT: Bragar Eagel & Squire, P.C. is Investigating WeWork Inc. on Behalf of WeWork Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, December 28, 2021

NEW YORK, Dec. 27, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against WeWork Inc. (WeWork or the Company) (NYSE: WE) on behalf of WeWork stockholders.

Key Points: 
  • NEW YORK, Dec. 27, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against WeWork Inc. (WeWork or the Company) (NYSE: WE) on behalf of WeWork stockholders.
  • Our investigation concerns whether WeWork has violated the federal securities laws and/or engaged in other unlawful business practices.
  • The Company had previously classified a portion of the Public Shares in permanent equity.
  • Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated.