COMMON

Northfield Bancorp, Inc. Announces First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023
Borrowing base, Insurance, Federal Reserve Bank, Pressure, Uncertainty, Small business, PCD, Plan, Comparison, ALL, COST, Risk management, FDIC, CASH, Sale, Federal Home Loan Banks, PPP, OF, Investment, FIRST, Risk, COMMON, Growth, Federal Deposit Insurance Corporation, Bank, WITH, Deposit Insurance and Credit Guarantee Corporation, Environment, Geographic Locator Codes, Three Months, Holding company, Cryptocurrency, Life insurance, Real estate

WOODBRIDGE, N.J., April 26, 2023 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company”), the holding company for Northfield Bank, reported net income of $11.7 million, or $0.26, per diluted share for the three months ended March 31, 2023, as compared to $14.1 million, or $0.31 per diluted share for the three months ended December 31, 2022, and $14.1 million, or $0.30 per diluted share, for the three months ended March 31, 2022. The decrease in net income for the current quarter as compared to the trailing and comparable prior year quarters resulted primarily from a decrease in net interest income driven by higher funding costs, partially offset by higher yields on interest-earning assets.

Key Points: 
  • THE COMPANY REPURCHASED 1.1 MILLION SHARES FOR A COST OF $16.0 MILLION DURING THE FIRST QUARTER OF 2023, AND SUSPENDED REPURCHASES ON MARCH 16, 2023.
  • Net charge-offs were $2.0 million for the quarter ended March 31, 2023, as compared to net charge-offs of $493,000 for the quarter ended December 31, 2022.
  • For the quarter ended March 31, 2023, gains on trading securities, net, were $512,000, compared to gains of $585,000 for the quarter ended December 31, 2022.
  • The effective tax rate for the quarter ended March 31, 2023 was 27.9%, compared to 28.1% for the quarter ended and December 31, 2022.

Robbins Geller Rudman & Dowd LLP and Levi & Korsinsky, LLP Announce Proposed Settlement in the USXpress Securities Litigation

Retrieved on: 
Tuesday, April 25, 2023
Class Action Lawsuit, Professional Services, Legal, Prejudice, Georgia Avenue, Judgement, Failure, Lawsuit, ALL, Class, Telephone, THIS, Federal building, Class Action, XPRESS, District court, Episcopal conference, Notice, Hearing, COMMON, Court, WHO, Security (finance), Settlement

PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.

Key Points: 
  • PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.
  • Also, if the Court requires or allows Class Members to participate in the Settlement Hearing by telephone or videoconference, the access information will be posted to the Settlement website, www.USXSecuritiesLitigation.com .
  • IF YOU PURCHASED OR OTHERWISE ACQUIRED USXPRESS CLASS A COMMON STOCK PURSUANT AND/OR TRACEABLE TO THE JUNE 14, 2018 OFFERING, YOUR RIGHTS ARE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.
  • Your failure to submit your Proof of Claim by August 16, 2023, will subject your claim to rejection and preclude your receiving any of the recovery in connection with the Settlement of this Litigation.

WeWork Announces Early Tender Results of the Exchange Offers and Consent Solicitations and Changes to the Late Exchange Consideration

Retrieved on: 
Monday, April 17, 2023
Finance, Business, Professional Services, Commercial Building & Real Estate, Construction & Property, ACT, Transfer, News & Notes, Exchange offer, PJT Partners, SEC Rule 144A, Debt-to-GDP ratio, Common equity, Regulation D, Equity, Stock, Partial, Letter, Consent, Issuer, Trustee, Amendment, Security (finance), Book, Common stock, Rule, Settlement date, Stock transfer agent, Exit consent, Eligibility, Old, Regulation, Exchange, Person, Bangladesh Securities and Exchange Commission, COMMON, Note, Series

No consideration will be paid for Consents in the Consent Solicitations (each as defined in the Offering Memorandum).

Key Points: 
  • No consideration will be paid for Consents in the Consent Solicitations (each as defined in the Offering Memorandum).
  • Shares of Class A Common Stock delivered as part of the Exchange Consideration will be rounded down to the nearest whole share.
  • Subject to the tender acceptance procedures described in the Offering Memorandum, Eligible Holders who validly tender Old Notes after the Early Exchange Time and before the Expiration Time will receive the Late Exchange Consideration, which will be the same as the Early Exchange Consideration, as further described in the Offering Memorandum.
  • The Company has engaged PJT Partners LP as the dealer manager (the “Dealer Manager”) for the Exchange Offers and Consent Solicitations.

Rocket Software to Explore the Impact of Artificial Intelligence on IBM i at COMMON’s POWERUp® Conference

Retrieved on: 
Tuesday, April 11, 2023
Data Management, Security, Technology, Other Technology, Software, Networks, Artificial Intelligence, AIX, Product management, IBM, Senior, Multi-factor authentication, MDT, MFA, Education, File integrity monitoring, ML, Federal, Power-up, Rocket Software, Organization, IBM Cloud, Data, COMMON, Linux, Artificial intelligence, AI, IBM Future Systems project, Medical device, Online shopping, Video game, Cloud, Power

1 Rocket Software experts will present on how artificial intelligence (AI) will change how businesses approach their IBM i strategy, as well as cover topics including modernization, cloud storage, and multi-factor authentication in subsequent sessions.

Key Points: 
  • 1 Rocket Software experts will present on how artificial intelligence (AI) will change how businesses approach their IBM i strategy, as well as cover topics including modernization, cloud storage, and multi-factor authentication in subsequent sessions.
  • With AI, IBM i leaders have the information, insight, and recommendations to understand how best to optimize and modernize their IBM i environments.
  • But, in order to take full advantage of this technology, IT leaders need to set the foundation now.
  • Visit the Rocket Software team at POWERUp 2023 at booth #500 to learn how organizations can disrupt without disruption.

WeWork Announces Commencement of Exchange Offers and Consent Solicitations for Outstanding 7.875% Senior Notes due 2025 and 5.00% Senior Notes due 2025, Series II

Retrieved on: 
Monday, April 3, 2023
Professional Services, Other Consumer, Consumer, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, ACT, Transfer, News & Notes, Initial exchange offering, PJT Partners, SEC Rule 144A, Debt-to-GDP ratio, Regulation D, Equity, Stock, Letter, Consent, Issuer, Trustee, Security (finance), Book, Boomerang: Travels in the New Third World, Common stock, Rule, Settlement date, Stock transfer agent, Exit consent, Eligibility, Old, Holder, Regulation, Note, Exchange, Person, Bangladesh Securities and Exchange Commission, COMMON, Exchange offer, Second Optional Protocol to the International Covenant on Civil and Political Rights, Solicitation

No consideration will be paid for Consents in the Consent Solicitations.

Key Points: 
  • No consideration will be paid for Consents in the Consent Solicitations.
  • Shares of Class A Common Stock delivered as part of the Exchange Consideration will be rounded down to the nearest whole share.
  • The Company has engaged PJT Partners LP as the dealer manager (the “Dealer Manager”) for the Exchange Offers and Consent Solicitations.
  • Questions concerning the Exchange Offers and the Consent Solicitations may be directed to the Dealer Manager or the Exchange Agent, in accordance with the contact details shown on the back cover of the Offering Memorandum.

The Rosen Law Firm, P.A. Announces Proposed Securities Class Action Settlement on Behalf of Purchasers of the Publicly Traded Class A Common Stock of Global Brokerage, Inc. F/K/A FXCM, Inc. - GLBR

Retrieved on: 
Monday, March 27, 2023
Prejudice, Foley Square, ALL, Class, Class representative, Judgement, Class Action, Fax, District court, Settlement, FXCM, Hearing, TEL, COMMON, Court, BOTH, Claim, Obsidian Finance Group, LLC v. Cox, Postcard, Long, Cryptocurrency, Inc., Media

NEW YORK, March 27, 2023 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A.

Key Points: 
  • NEW YORK, March 27, 2023 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A.
  • Box 230, Media, PA 19063; (Tel) (866) 274-4004; (Fax) (610) 565-7985; [email protected] , or going to the website, www.strategicclaims.net/FXCM .
  • Unless you submit a written exclusion request, you will be bound by any judgment rendered in the Action whether or not you make a claim.
  • All members of the Class who have not requested exclusion from the Class will be bound by any judgment entered in the Action.

Announcing a Proposed Settlement Involving Record Holders and Beneficial Owners of Uniti Group Inc. Common Stock

Retrieved on: 
Monday, March 27, 2023
Court clerk, Judgement, ALSO, ALL, YOU, Hearing, Calendar, State derivation, Clerk, Part, Windstream Holdings, Individual, Address, OF, Settlement, Publishing, Episcopal conference, Prince William County, Virginia Clerk of Circuit Court, COMMON, Elijah, Court, Counsel, Fiumi Uniti, Plaintiff

TO: ALL RECORD HOLDERS AND BENEFICIAL OWNERS OF THE COMMON STOCK OF UNITI GROUP INC. ("UNITI" OR THE "COMPANY") AS OF MARCH 3, 2023.

Key Points: 
  • TO: ALL RECORD HOLDERS AND BENEFICIAL OWNERS OF THE COMMON STOCK OF UNITI GROUP INC. ("UNITI" OR THE "COMPANY") AS OF MARCH 3, 2023.
  • The Settlement also resolves related claims arising from the same facts asserted in Vincent Guzzo v. Kenneth A. Gunderman et al., No.
  • The Derivative Actions are brought by Plaintiffs solely on behalf of and for the benefit of Uniti, asserting claims against the Individual Defendants.
  • IF YOU CURRENTLY HOLD UNITI STOCK, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THE DERIVATIVE ACTIONS.

TO: ALL RECORD HOLDERS AND BENEFICIAL OWNERS OF THE COMMON STOCK OF RESIDEO TECHNOLOGIES, INC. ("RESIDEO" OR THE "COMPANY") CURRENTLY AND AS OF FEBRUARY 13, 2023, EXCLUDING DEFENDANTS AND ANY ENTITY IN WHICH THEY HAVE A CONTROLLING INTEREST AND OFFICERS A

Retrieved on: 
Friday, March 10, 2023
Defendant, Notice, Judgement, Telephone, Episcopal conference, DE, Counsel, Corporate governance, In re Citigroup Inc. Shareholder Derivative Litigation, Seventh Avenue, Del, Derived demand, Civil Rights Attorney's Fees Award Act of 1976, Glades Road, District court, Exhibit A, Delaware Court, COMMON, Suite, Hearing, Motion, OF, Delaware Court of Chancery, Prejudice, Settlement, Plaintiff, Name, Pharmaceutical industry, Lease, Insurance, Court, Resideo

PHILADELPHIA, March 10, 2023 /PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration regarding the Resideo Technologies Derivative Settlement.

Key Points: 
  • PHILADELPHIA, March 10, 2023 /PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration regarding the Resideo Technologies Derivative Settlement.
  • A link to the text of the Stipulation and the full-length Notice of Pendency and Proposed Settlement of Shareholder Derivative Action may be found at www.ResideoTechnologiesDerivativeSettlement.com .
  • All capitalized terms herein have the same meanings as set forth in the Stipulation.
  • (the "Delaware Chancery Action"); and (2) a pending litigation demand made by Resideo stockholder Alice Burstein (the "Derivative Demand").

If You Purchased or Otherwise Acquired Workhorse Group, Inc. Common Stock Between March 10, 2020, and May 10, 2021, Inclusive, Your Rights May Be Affected by a Class Action Settlement.

Retrieved on: 
Tuesday, March 7, 2023
Class Action Lawsuit, Professional Services, Legal, Defendant, III, District court, Workhorse Group, ALL, Judgement, COMMON, Action Replay, Draft horse, Hearing, Claim, Settlement, Counsel, Court, Notice, Central District, Allocation, Leading Counsel, Ronald Reagan, Cryptocurrency, Insurance, AND

If you purchased Workhorse Group, Inc. (“Workhorse” or the “Company”) common stock (trading symbol “WKHS”) between March 10, 2020 and May 10, 2021, inclusive, your rights may be affected by the Settlement of this Action.

Key Points: 
  • If you purchased Workhorse Group, Inc. (“Workhorse” or the “Company”) common stock (trading symbol “WKHS”) between March 10, 2020 and May 10, 2021, inclusive, your rights may be affected by the Settlement of this Action.
  • Please visit the website at www.WorkhorseSecuritiesLitigation.com to obtain copies of the Notice of Pendency and Proposed Settlement (“Notice”) and the Proof of Claim and Release.
  • You may also obtain copies of these documents by writing to [email protected] or by calling the Claims Administrator toll-free at 1-844-787-0160.
  • The Notice contains details about this Action and Settlement, including what you must do to file a Proof of Claim, exclude yourself from the Settlement, or object to the Settlement.

Robbins Geller Rudman & Dowd LLP and Rolnick Kramer Sadighi LLP Announce Proposed Settlement in the Chembio Diagnostics, Inc. Securities Litigation

Retrieved on: 
Thursday, March 2, 2023
Legal, Professional Services, OF, Counsel, Class Action, Judgement, Federal Rules of Civil Procedure, Agreement, CLASS, AND, ALL, Class, OR, Court, Episcopal conference, Hearing, Prejudice, COMMON, THIS, District court, Cryptocurrency, Settlement

IT IS NOT A LAWYER SOLICITATION.

Key Points: 
  • IT IS NOT A LAWYER SOLICITATION.
  • PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.
  • The Court may decide to conduct the Settlement Hearing by video or telephonic conference, or otherwise allow Class Members to appear remotely at the hearing, without further written notice to the Class.
  • Also, if the Court requires or allows Class Members to participate in the Settlement Hearing by remote means, the information for accessing the conference will be posted to the Settlement website, www.ChembioSecuritiesSettlement.com .