Rescission

Barclays Bank PLC announces updated indicative rescission offer proceeds and valuation information

Retrieved on: 
Thursday, September 8, 2022
Banking, Professional Services, Finance, Prospectus, Disclosure, Rescission, SEC, Communication, EDGAR, Annual report, Forward-looking statement, Security (finance)

The rescission offer expires at 5.00 p.m., Eastern Daylight Time, on 12 September 2022.

Key Points: 
  • The rescission offer expires at 5.00 p.m., Eastern Daylight Time, on 12 September 2022.
  • BBPLC will endeavour to publish the results of the rescission offer (including details of the final rescission offer proceeds that will be paid to initial investors in structured notes) as soon as practicable following the expiration date of the rescission offer.
  • These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts.
  • These statements are based on the current beliefs and expectations of BBPLCs management and are subject to significant risks and uncertainties.

FTC Rescinds 1995 Policy Statement that Limited the Agency’s Ability to Deter Problematic Mergers

Retrieved on: 
Saturday, July 24, 2021
Law, Contract law, Government, Corporate crime, Federal Trade Commission, Articles, Royal Commission, Rescission

The Federal Trade Commission voted in an open Commission meeting to rescind a 1995 policy statementthat made it more difficult and burdensome to deter problematic mergers and acquisitions.

Key Points: 
  • The Federal Trade Commission voted in an open Commission meeting to rescind a 1995 policy statementthat made it more difficult and burdensome to deter problematic mergers and acquisitions.
  • By rescinding this policy statement, the FTC regains a valuable law enforcement tool.
  • Since the 1995 Policy Statement was implemented, the Commission has been forced to re-review the same transaction on numerous occasions at considerable expense.
  • The Commission voted 3-2 to rescind the policy statement in an open Commission meeting live streamed to its website.

FTC Rescinds 1995 Policy Statement that Limited the Agency’s Ability to Deter Problematic Mergers

Retrieved on: 
Saturday, July 24, 2021
Law, Contract law, Government, Corporate crime, Federal Trade Commission, Articles, Royal Commission, Rescission

The Federal Trade Commission voted in an open Commission meeting to rescind a 1995 policy statementthat made it more difficult and burdensome to deter problematic mergers and acquisitions.

Key Points: 
  • The Federal Trade Commission voted in an open Commission meeting to rescind a 1995 policy statementthat made it more difficult and burdensome to deter problematic mergers and acquisitions.
  • By rescinding this policy statement, the FTC regains a valuable law enforcement tool.
  • Since the 1995 Policy Statement was implemented, the Commission has been forced to re-review the same transaction on numerous occasions at considerable expense.
  • The Commission voted 3-2 to rescind the policy statement in an open Commission meeting live streamed to its website.

Grant Cardone's Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC Investors: Last Days to Participate Actively in the Class Action Lawsuit - Portnoy Law Firm

Retrieved on: 
Friday, November 13, 2020
Judicial remedies, Rescission, Damages

Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.

Key Points: 
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • The lawsuit seeks an award of rescission or rescissory damages and prejudgment interest under the federal securities laws, among other things.
  • If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2020.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Cardone Equity Fund Investors: Last Days to Participate Actively in the Class Action Lawsuit - Portnoy Law Firm

Retrieved on: 
Friday, November 6, 2020
Finance, Money, Economy, Portnoy, Rescission, Investor

Investors with losses are encouraged to contact the firm before December 20, 2020; click here to submit trade information

Key Points: 
  • Investors with losses are encouraged to contact the firm before December 20, 2020; click here to submit trade information
    LOS ANGELES, Nov. 06, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Cardone Equity Fund investors pursuant to Cardones public offerings.
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • The lawsuit seeks an award of rescission or rescissory damages and prejudgment interest under the federal securities laws, among other things.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Verus International Issues Update on zc Top Apparel Manufacturing

Retrieved on: 
Thursday, October 8, 2020
Contract law, Rescission, Verus, OTC Markets Group, Contract, TamS

Gaithersburg, MD, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Verus International, Inc. (Verus or the Company) (OTCQB: VRUS) reported that it issued a Repayment and Notice of Rescission of Transaction (the Demand and Rescission Letter) to ZC Top Apparel Manufacturing, Inc. (TAM), as a result of TAMs failure of contractual performance and breach of contract.

Key Points: 
  • Gaithersburg, MD, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Verus International, Inc. (Verus or the Company) (OTCQB: VRUS) reported that it issued a Repayment and Notice of Rescission of Transaction (the Demand and Rescission Letter) to ZC Top Apparel Manufacturing, Inc. (TAM), as a result of TAMs failure of contractual performance and breach of contract.
  • Todays news is part of a heightened strategic effort to focus more aggressively on Verus core consumer product businesses.
  • As part of this process, management intends to provide analysts and investors with a corporate strategic update by mid-October.
  • Forward-looking statements also are affected by the risk factors described in the Companys filings with the U.S. Securities and Exchange Commission.

Montgomery County Nonpublic School Federal Court Hearing Cancelled

Retrieved on: 
Tuesday, August 11, 2020
Contract law, Rescission

GREENBELT, Md., Aug. 10, 2020 /PRNewswire/ --The preliminary injunction hearing scheduled for this Friday in Federal court has been cancelled by United States District Court judge George J. Hazel at the request of the parties.

Key Points: 
  • GREENBELT, Md., Aug. 10, 2020 /PRNewswire/ --The preliminary injunction hearing scheduled for this Friday in Federal court has been cancelled by United States District Court judge George J. Hazel at the request of the parties.
  • "The County Health Officer's rescission of his latest closure order eliminates the need for any emergency hearing," said Timothy F. Maloney, attorney for the plaintiffs.
  • "The case will remain pending as we see how the County Health Officer treats religious and private schools going forward."
  • "Schools and parents seek to collaborate with the County Health Officer as they make safe reopening decisions."

Shareholder Alert: Robbins LLP Announces FleetCor Technologies, Inc. (FLT) Sued for Violating Federal Trade Commission Act

Retrieved on: 
Thursday, January 2, 2020
Legal, Professional services, Judicial remedies, Law, Government, Fleetcor, Disgorgement, Rescission, Contract, Equitable remedy, Federal Trade Commission Act, Injunction

Shareholder rights law firm Robbins LLP announces that the Federal Trade Commission has filed a complaint against FleetCor Technologies, Inc. (NYSE: FLT) to obtain injunctive relief, rescission or reformation of contracts, restitution, the refund of monies paid, disgorgement of ill-gotten monies, and other equitable relief for alleged violations of the Federal Trade Commission Act.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that the Federal Trade Commission has filed a complaint against FleetCor Technologies, Inc. (NYSE: FLT) to obtain injunctive relief, rescission or reformation of contracts, restitution, the refund of monies paid, disgorgement of ill-gotten monies, and other equitable relief for alleged violations of the Federal Trade Commission Act.
  • FleetCor provides commercial payment solutions in North America, Latin America, Europe, and Australasia.
  • If you suffered a loss as a result of FleetCor's misconduct, click here .
  • As a result of these exploitative business practices, many of FleetCor's customers have complained to entities like the Better Business Bureau and The Federal Trade Commission, leading to litigation against FleetCor that could potentially damage its investors.

Sharing Services Global Corporation And 212 Technologies, LLC Announce Settlement Of Various Disputes

Retrieved on: 
Tuesday, October 15, 2019
Contract law, Rescission

PLANO, Texas, Oct. 15, 2019 (GLOBE NEWSWIRE) -- via NetworkWire Sharing Services Global Corporation (OTCQB: SHRG) ("SHRG") and 212 Technologies, LLC ("212") announced today that they had executed a mutually satisfactory settlement agreement concerning related disputes arising out of a series of commercial agreements previously executed between the parties.

Key Points: 
  • PLANO, Texas, Oct. 15, 2019 (GLOBE NEWSWIRE) -- via NetworkWire Sharing Services Global Corporation (OTCQB: SHRG) ("SHRG") and 212 Technologies, LLC ("212") announced today that they had executed a mutually satisfactory settlement agreement concerning related disputes arising out of a series of commercial agreements previously executed between the parties.
  • SHRG and 212 have entered into a comprehensive Release And Settlement Agreement (the Settlement Agreement) under which the parties have resolved all matters of concern.
  • Such resolution includes the rescission of the SIA, resulting in the surrender by 212 of the SHRG Stock to SHRG.
  • The Settlement Agreement also documented the termination of the SLA which will result in the discontinued use of the 212 mobile application by Elepreneurs.

Assault on Public Health Workers Continues as Administration Once Again Engages in Union-Busting

Retrieved on: 
Monday, October 1, 2018
AFL–CIO, American Federation of Government Employees, Rescission, Kimberly Shaw, Health, Business

"What is happening right now to the women and men who serve the American public at our country's foremost medical research agency is unconscionable," said AFGE Local 2419 President Kimberly Goodwin.

Key Points: 
  • "What is happening right now to the women and men who serve the American public at our country's foremost medical research agency is unconscionable," said AFGE Local 2419 President Kimberly Goodwin.
  • "We have been working with NIH for more than a year not including the time it took to establish ground rules.
  • And now, they want to rescind everything we've already agreed to, jeopardizing the livelihoods of hundreds of us who just want to help save lives."
  • We just want to continue that process, and not be railroaded by administration officials who don't like us.