Duane Morris

A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Gold.com Website Domain

Retrieved on:

Monday, March 11, 2024

Acquisition, LLP, JMB, A-Mark Precious Metals, Duane Morris

EL SEGUNDO, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned subsidiary of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), has acquired the gold.com domain.

Key Points:

EL SEGUNDO, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned subsidiary of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), has acquired the gold.com domain.
With this acquisition, JMB now owns both gold.com and silver.com , two of the most recognizable domains in the precious metals industry.
“The acquisition of the gold.com domain represents a significant investment in our direct-to-consumer growth strategy,” said JMB CEO Robert Pacelli.
“The gold.com domain carries broad global appeal and is an extremely versatile asset that will be incorporated into our long term strategy.

SEC’s Unlawful Targeting of Digital Asset Industry Challenged in New Lawsuit From Startup LEJILEX and Crypto Freedom Alliance of Texas

Retrieved on:

Wednesday, February 21, 2024

LEJILEX, an emerging digital asset company, and Crypto Freedom Alliance of Texas (“CFAT”), a nonprofit trade association that advocates for the responsible development of digital asset policies in Texas, filed a complaint today against the Securities and Exchange Commission (“SEC”), challenging the agency's unlawful assertion of regulatory authority over practically all digital asset transactions in Texas and the United States.

Key Points:

LEJILEX, an emerging digital asset company, and Crypto Freedom Alliance of Texas (“CFAT”), a nonprofit trade association that advocates for the responsible development of digital asset policies in Texas, filed a complaint today against the Securities and Exchange Commission (“SEC”), challenging the agency's unlawful assertion of regulatory authority over practically all digital asset transactions in Texas and the United States.
In doing so, they hope to end years of misguided SEC policy that is actively harming law-abiding American businesses.
“We wish we were launching our business instead of filing a lawsuit, but here we are,” said Mike Wawszczak, Co-Founder of LEJILEX.
He continued, “The SEC’s rogue enforcement actions targeting our industry have paralyzed those of us who just want to build lawful businesses and technologies.

Atlanticus Closes Option in connection with Offering of Senior Notes

Retrieved on:

Wednesday, February 14, 2024

Prospectus, Suite, Note, Sale, Debt-to-GDP ratio, Form, Atlanticus, Telephone, LLP, Security (finance), Form S-3, Offering, Duane Morris

ATLANTA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of the underwriters’ option in connection with its underwritten registered public offering (the “Offering”) of 9.25% Senior Notes due 2029 (the “Notes”).

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ATLANTA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of the underwriters’ option in connection with its underwritten registered public offering (the “Offering”) of 9.25% Senior Notes due 2029 (the “Notes”).
Atlanticus issued an additional 290,000 Notes and received additional net proceeds of approximately $7.0 million after deducting underwriting discounts and commissions, but before deducting expenses and the structuring fee.
B. Riley Securities, Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., William Blair & Co., L.L.C., and BTIG, LLC acted as book-running managers for the Offering.
Brownstone Investment Group, LLC acted as co-manager for the Offering.

Atlanticus Closes $50 Million Offering of Senior Notes

Retrieved on:

Tuesday, January 30, 2024

Duane Morris, Security (finance), Offering, Form S-3, Note, Prospectus, Debt-to-GDP ratio, Sale, Suite, Telephone, LLP, Form

ATLANTA, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of its previously announced underwritten registered public offering (the “Offering”) of $50 million aggregate principal amount of 9.25% Senior Notes due 2029 (the “Notes”).

Key Points:

ATLANTA, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of its previously announced underwritten registered public offering (the “Offering”) of $50 million aggregate principal amount of 9.25% Senior Notes due 2029 (the “Notes”).
The Offering resulted in net proceeds of approximately $48.3 million after deducting underwriting discounts and commissions, but before deducting expenses and the structuring fee.
The Company granted the underwriters a 30-day option to purchase up to an additional $7.5 million aggregate principal amount of the Notes in connection with the Offering.
B. Riley Securities, Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., William Blair & Co., L.L.C., and BTIG, LLC acted as book-running managers for the Offering.

Armada Hoffler Announces Office Lease With Duane Morris LLP at Wills Wharf in Harbor Point

Retrieved on:

Thursday, January 18, 2024

Constellation, Harbor, LEED, LLP, JLL, Bright Horizons, Partnership, Walking, Point, Duane Morris, CBRE, Franklin Templeton Investments, EY, Inner Harbor East, Baltimore, Growth

VIRGINIA BEACH, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) secured a significant new office tenant at the Company’s Wills Wharf office building in Baltimore’s Harbor Point neighborhood.

Key Points:

VIRGINIA BEACH, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) secured a significant new office tenant at the Company’s Wills Wharf office building in Baltimore’s Harbor Point neighborhood.
Global law firm Duane Morris LLP signed a lease for nearly 10,000 square feet at Wills Wharf.
“This lease with Duane Morris LLP reinforces the unique appeal of Wills Wharf and strong demand for office space within Harbor Point,” said Louis Haddad, President and CEO of Armada Hoffler.
In addition to Wills Wharf, Armada Hoffler’s Harbor Point assets include both Constellation and Thames Street Wharf office buildings, as well as 1405 Point and 1305 Dock Street apartments and retail.

Duane Morris Class Action Review - 2024: A Comprehensive Analysis of Class Action Litigation

Retrieved on:

Tuesday, January 9, 2024

Legal, Professional Services, Growth, LLP, Consistency, Lawyer, History, AI, Government, Risk, Unprecedented, Duane Morris, EEOC, File, Certification, Tobacco

Duane Morris LLP has released its Class Action Review 2024 , an analysis of more than 1,300 class action decisions in the past year, examining all categories of class action litigation.

Key Points:

Duane Morris LLP has released its Class Action Review 2024 , an analysis of more than 1,300 class action decisions in the past year, examining all categories of class action litigation.
This publication provides a comprehensive analysis of class action litigation trends and significant rulings and settlements from 2023 that will enable readers to make informed decisions when dealing with complex litigation risks in 2024.
“Looking at the class action settlement numbers from the past year, it’s clear that last year’s unprecedented level of settlements was not a one-off phenomenon,” said Duane Morris partner Gerald L. Maatman Jr., co-author of the review and chair of the firm’s workplace class action division.
Generative AI Began Transforming Class Action Litigation—In 2023, we saw the tip of the iceberg relative to the ways that generative AI is poised to transform class action litigation.

The Lawyers' Committee for Civil Rights Under Law Celebrates 60 Years of Impact at the Higginbotham Leadership Awards Gala

Retrieved on:

Wednesday, October 4, 2023

Today, the Lawyers’ Committee for Civil Rights Under Law will host its annual Higginbotham Leadership Awards Gala at Cipriani Wall Street in New York.

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Today, the Lawyers’ Committee for Civil Rights Under Law will host its annual Higginbotham Leadership Awards Gala at Cipriani Wall Street in New York.
“Sixty years since the Lawyers’ Committee was founded during a pivotal moment in the Civil Rights Movement, our mission is as important as ever.
The Higginbotham Leadership Awards Gala is an invitation-only annual celebration named in honor of the late A. Leon Higginbotham, Jr., a celebrated statesman, civil rights champion, author, professor, historian, and federal appeals court judge.
For more information about the gala and the work of the Lawyers' Committee, please visit thefuturewedeserve.org .

Fultra®, parent company of Fruehauf®, Expands Trailer Footprint in North America with the Acquisition of East® Manufacturing

Retrieved on:

Wednesday, August 16, 2023

“We are thrilled to welcome East Manufacturing to the family,” said Jorge Martinez, CEO of Fultra.

Key Points:

“We are thrilled to welcome East Manufacturing to the family,” said Jorge Martinez, CEO of Fultra.
“East really fits with our vision to be the trusted solutions partner for the commercial vehicle market in North America.
We are confident that our employees and communities as well as customers, dealers and suppliers, will benefit from our combined strengths.
East was advised by KeyBanc Capital Markets Inc. and Baker & Hostetler LLP served as legal counsel.

Golden Entertainment Completes Sale of Rocky Gap Casino Resort for $260 Million

Retrieved on:

Tuesday, July 25, 2023

Casino, Gaming, Entertainment, Lodging, Travel, Macquarie Group, NYSE, Rocky Gap State Park, Latham & Watkins, Golden Entertainment, Rocky, VICI, Sale, Duane Morris, Security (finance), Insurance, Amusement park, Golden

Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden” or the “Company”) announced today that it completed the previously disclosed sale of Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of approximately $260 million, subject to customary working capital adjustments.

Key Points:

Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden” or the “Company”) announced today that it completed the previously disclosed sale of Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of approximately $260 million, subject to customary working capital adjustments.
Pursuant to the terms of the agreements, Century Casinos, Inc. (NASDAQ: CNTY) acquired the operations of Rocky Gap for approximately $56.1 million, subject to customary working capital adjustments, and VICI Properties Inc. (NYSE: VICI) acquired an interest in the land and buildings associated with Rocky Gap for approximately $203.9 million.
$175 million of the sale proceeds will be used to repay term loans outstanding.
Macquarie Capital acted as exclusive financial advisor, and Latham & Watkins and Duane Morris acted as legal counsels to Golden in connection with the transactions.

Lex Machina Releases 2023 Trade Secret Litigation Report

Retrieved on:

Thursday, July 13, 2023

DTSA, Central District, Intellectual property, Research, Lex Machina, Duane Morris, Franchise Group, Partner, Willis Towers Watson, LexisNexis, Defend Trade Secrets Act, Seyfarth Shaw, Software

MENLO PARK, Calif., July 13, 2023 /PRNewswire/ -- Lex Machina, a LexisNexis company, today releases its annual Trade Secret Litigation Report. The report examines trends in trade secret litigation in federal district courts and appellate courts. Focusing on the five-year period from 2018 to 2022, it surveys emerging trends in case filings, venues, judges, law firms, parties, timing metrics, case resolutions, findings, and damages. The report often focuses on different sets of data, e.g., filtering cases in order to provide analytics on general trade secret cases, Defend Trade Secret Act ("DTSA") cases, and federal appellate trade secret cases.

Key Points:

Since the enactment of the DTSA in 2016, courts have seen an overall decrease in trade secret cases filed, while the proportion of cases involving DTSA claims has increased
MENLO PARK, Calif., July 13, 2023 /PRNewswire/ -- Lex Machina, a LexisNexis company, today releases its annual Trade Secret Litigation Report.
The report often focuses on different sets of data, e.g., filtering cases in order to provide analytics on general trade secret cases, Defend Trade Secret Act ("DTSA") cases, and federal appellate trade secret cases.
"The data and analytics in this report has uncovered an intriguing phenomenon," said Elaine Chow, Lex Machina's trade secret legal data expert and editor of the report.
Highlights from the report include:
In 2022, 1,156 trade secret cases were litigated in federal district courts, a 7% decrease from the number of trade secret cases the year before and a 17% decrease from the highest number of trade secret cases filed in any year over the past decade (1,394 cases filed in 2017).