BHG | Jotup

Pinnacle Financial Partners Announces Dates for First Quarter 2024 Earnings Release and Conference Call

Retrieved on:

Monday, April 8, 2024

Banking, Other Professional Services, Professional Services, Finance, Work, Trust, FDIC, Webcast, PNFP, CDT, Pinnacle Financial Partners, BHG Financial, BHG, Workplace, American Banker, Cryptocurrency

Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2024 financial results on Monday, April 22, 2024, after market close.

Key Points:

Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2024 financial results on Monday, April 22, 2024, after market close.
The first quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com .
Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution.
Pinnacle owns a 49 percent interest in BHG Financial, which provides innovative, hassle-free financial solutions to healthcare practitioners and other professionals.

Fossil Group Announces Appointment of Eugene Davis and Pamela Corrie to Board of Directors

Retrieved on:

Monday, March 25, 2024

FOSL, Burford Capital, GTT Communications, Spark Networks, BHG, Weil, Gotshal & Manges, Corporation, General counsel, Lord, Verso Corporation, AIG Financial Products, Acquisition, Senior, Bed Bath & Beyond, Lord & Taylor, Accounting, Fossil, Management

RICHARDSON, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or the “Company”, NASDAQ: FOSL) today announced that Eugene I. Davis has been appointed to the Board of Directors (the “Board”), effective March 24, 2024.

Key Points:

RICHARDSON, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or the “Company”, NASDAQ: FOSL) today announced that Eugene I. Davis has been appointed to the Board of Directors (the “Board”), effective March 24, 2024.
The Company also announced that it has entered into a Cooperation Agreement with shareholder The Buxton Helmsley Group, Inc. (“BHG”).
Pursuant to the Cooperation Agreement, the Company will welcome BHG nominee Pamela B. Corrie to the Board, effective March 24, 2024.
The appointment of the two new independent directors reflects Fossil’s commitment to ongoing Board refreshment and governance excellence.

Buxton Helmsley Issues Letter to U.S. Senators Warren and Whitehouse Related to Apparent EchoStar Accounting and Securities Fraud, Including Failure to Correct $15B Equity Value Overstatement

Retrieved on:

Monday, March 11, 2024

Finance, Consulting, Banking, Professional Services, Asset Management, Letter, Mallinckrodt, EchoStar, BHG, Form 10-K, Dish Network, Sheldon Whitehouse

Senators Elizabeth Warren and Sheldon Whitehouse (members of the U.S. Senate Committee on Finance), after EchoStar’s filing of a Form 10-K with the U.S. Securities and Exchange Commission (“SEC”) on February 29, 2024 (the “February 29 Form 10-K”), which failed to disclose $15B in implicitly admitted equity value overstatement, among other issues.

Key Points:

Senators Elizabeth Warren and Sheldon Whitehouse (members of the U.S. Senate Committee on Finance), after EchoStar’s filing of a Form 10-K with the U.S. Securities and Exchange Commission (“SEC”) on February 29, 2024 (the “February 29 Form 10-K”), which failed to disclose $15B in implicitly admitted equity value overstatement, among other issues.
Simultaneous to the Letter issued to U.S.
Senators Warren and Whitehouse, BHG also mentions its whistleblowing involvement at Mallinckrodt plc.
Senators Warren and Whitehouse of the Senate Committee on Finance may be found at: https://www.buxtonhelmsley.com/sats/
The additional letter simultaneously issued to the EchoStar Board today, along with all previous public and private letters, may be found at: https://www.buxtonhelmsley.com/sats/

Fossil Group, Inc. Confirms Receipt of Director Nominations From Buxton Helmsley Group, Inc.

Retrieved on:

Tuesday, February 20, 2024

Fossil, FOSL, BHG, Annual general meeting, Bank statement

Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders.

Key Points:

Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders.
We regularly engage with stockholders and welcome constructive feedback on our shared goal of driving sustained stockholder value.
Since September 15, 2023, the date of BHG’s first letter to the Company, Fossil has repeatedly offered to engage with BHG, but each offer was rejected by BHG.
Fossil stockholders are not required to take any action at this time.

KBRA Assigns a Preliminary Rating to BHG Securitization Trust 2024-1CON

Retrieved on:

Monday, March 4, 2024

Banking, Professional Services, Finance, Loan, ABS, Credit, BHG, BHG Financial, Consumer, KBRA, Telescopic sight

The preliminary rating reflects the initial credit enhancement level of 54.70% for the Class A notes.

Key Points:

The preliminary rating reflects the initial credit enhancement level of 54.70% for the Class A notes.
BHG 2024-1 represents the ninth term ABS securitization for the Bankers Healthcare Group, LLC (“BHG” or the “Company”), but the first ABS securitization collateralized exclusively by Consumer Loans.
BHG was founded in 2001 and provides Commercial Loans and Consumer Loans primarily to prime, high income professionals.
KBRA considered its operational review of BHG, as well as periodic update calls with the Company.

Buxton Helmsley Issues Letter to EchoStar Directors Regarding Apparent Impending Fraudulent Conveyance and Creditor Preference Violation

Retrieved on:

Thursday, February 22, 2024

Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, EchoStar, Letter, Regulation, Dish Network, Disclosure, BHG, GAAP

The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, given an apparent impending fraudulent conveyance and creditor preference violation, with relation to an imminent material debt obligation due for repayment on March 15, 2024, in the amount of $995 million.

Key Points:

The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, given an apparent impending fraudulent conveyance and creditor preference violation, with relation to an imminent material debt obligation due for repayment on March 15, 2024, in the amount of $995 million.
On February 5, 2024, BHG issued an open letter (the “February 5 Letter”) to the Company’s Board of Directors, which called out their complete failure to address (not even having denied) the serious matters raised in BHG’s initial January 22, 2024, open letter (the “January 22 Letter”).
Within the initial January 22 Letter, BHG discussed apparent material misstatements of financials (apparent, undisclosed asset value depreciation expenses, in apparent violation of GAAP ASC 350/360 and Regulation S-X), and apparent fraudulent conveyances occurring after the Company was privately notified by BHG (on December 27, 2023) as to findings of evidenced net asset insolvency at DISH Network Corporation.
The Letter issued by BHG to the Company today, in addition to the instances of public and private correspondence leading up to this Letter, may be found at: https://www.buxtonhelmsley.com/sats/

BUXTON HELMSLEY NOMINATES FOUR HIGHLY QUALIFIED DIRECTORS TO FOSSIL GROUP BOARD TO HELP END YEARS OF SHAREHOLDER SUFFERING

Retrieved on:

Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- The Buxton Helmsley Group, Inc. (together with certain of its affiliates, "BHG" or "we"), which has an approximate 1.4% interest in Fossil Group, Inc. ("Fossil" or the "Company") (NASDAQ: FOSL), today announced its intention to nominate four highly qualified director candidates to the Fossil Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders.

Key Points:

Alexander Parker, Senior Managing Director at BHG, said, "Fossil is a beloved brand that has delighted millions of customers for years.
"Given the Board's abysmal judgement and failure to oversee management for years, the need for immediate change at Fossil is abundantly clear.
As a result, Buxton Helmsley is nominating four highly qualified directors with the required skillsets, financial and operational acumen, track records of creating shareholder value, and integrity to restore Fossil's credibility and rebuild trust with investors.
She is also Head of Strategy, Consulting at Seramount, a professional services and research firm committed to advancing high-performing, inclusive workplaces.

BRIGHT HEALTH ALERT: Bragar Eagel & Squire, P.C. is Investigating Bright Health Group, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on:

Friday, February 16, 2024

Telephone, Class, News, MCR, BHG, Risk, IPO, COVID-19, Defendant, Failure, P.C

Our investigation concerns whether the board of directors of Bright Health have breached their fiduciary duties to the company.

Key Points:

Our investigation concerns whether the board of directors of Bright Health have breached their fiduciary duties to the company.
Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies.
Among other results, Bright Health reported earnings per share of -$0.48 as calculated under U.S. generally accepted accounting principles, missing consensus estimates by $0.31.
As of the time this Complaint was filed, the price of Bright Health common stock continues to trade below the $18.00 per share Offering price, damaging investors.

Buxton Helmsley Issues Letter to EchoStar Directors Regarding Additionally Triggered Financial Disclosure Obligations Amid Apparent Accounting and Securities Fraud

Retrieved on:

Thursday, February 15, 2024

Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, EchoStar, Letter, Regulation, Dish Network, Disclosure, BHG, GAAP

The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, given the occurrence of additional “triggering events” requiring disclosure of asset value depreciation expenses pursuant to GAAP ASC 350/360 and Regulation S-X.

Key Points:

The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, given the occurrence of additional “triggering events” requiring disclosure of asset value depreciation expenses pursuant to GAAP ASC 350/360 and Regulation S-X.
On February 5, 2024, BHG issued an open letter (the “February 5 Letter”) to the Company’s Board of Directors, which called out their complete failure to address (not even having denied) the serious matters raised in BHG’s initial January 22, 2024, open letter (the “January 22 Letter”).
Within the initial January 22 Letter, BHG discussed apparent material misstatements of financials (apparent, undisclosed asset value depreciation expenses, in apparent violation of GAAP ASC 350/360 and Regulation S-X), and apparent fraudulent conveyances occurring after the Company was privately notified by BHG (on December 27, 2023) as to findings of evidenced net asset insolvency at DISH Network Corporation.
The Letter issued by BHG to the Company today, in addition to the instances of public and private correspondence leading up to this Letter, may be found at: https://www.buxtonhelmsley.com/sats/

Buxton Helmsley Issues Letter to EchoStar Directors Regarding Failure to Address Investors Amid Apparent Accounting and Securities Fraud, Apparent Fraudulent Conveyances, and Apparent Breaches of Fiduciary Duty in Connection with DISH Merger

Retrieved on:

Monday, February 5, 2024

Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, GAAP, Regulation S-X, EchoStar, Regulation, BHG, Letter, Dish Network

The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, given their complete failure to address (not even having denied) the serious matters raised in BHG’s January 22, 2024, open letter, which discussed apparent material misstatements of financials (apparent, undisclosed asset value depreciation expenses, in apparent violation of GAAP ASC 350/360 and Regulation S-X), and apparent fraudulent conveyances occurring after the Company was privately notified by BHG (on December 27, 2023) as to findings of evidenced net asset insolvency at DISH Network Corporation.

Key Points:

The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to the Company’s Board of Directors, given their complete failure to address (not even having denied) the serious matters raised in BHG’s January 22, 2024, open letter, which discussed apparent material misstatements of financials (apparent, undisclosed asset value depreciation expenses, in apparent violation of GAAP ASC 350/360 and Regulation S-X), and apparent fraudulent conveyances occurring after the Company was privately notified by BHG (on December 27, 2023) as to findings of evidenced net asset insolvency at DISH Network Corporation.
Despite material declines in the trading values of the Company’s issued securities after BHG’s January 22, 2024, open letter, the Company and its Board of Directors have remained silent, with no public comment, and have provided no indication of an internal investigation being conducted, even after such extensively detailed, evidence-supported allegations of an apparent multibillion-dollar accounting and securities fraud scheme occurring at the Company, for which – as noted – the Company has not denied.
The Letter issued by BHG to the Company today, in addition to the instances of private correspondence leading up to this Letter, may be found at: https://www.buxtonhelmsley.com/sats/