NYSE:SCU

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JVA, SCU, SMMF

Retrieved on: 
Saturday, November 4, 2023

If you are a Coffee shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Coffee shareholder, click here to learn more about your rights and options .
  • If you are a Sculptor shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – PCTI, SP, FNCB, SCU

Retrieved on: 
Friday, November 3, 2023

Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Sculptor Capital Management Inc. (NYSE: SCU ), relating to its proposed sale to Rithm Capital Corp.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.

SHAREHOLDER ALERT: Planned Mergers of EngageSmart, LiveVox, Startek, and Sculptor Capital, Under Investigation Headed by Johnson Fistel

Retrieved on: 
Tuesday, October 31, 2023

First, the investigation includes determining whether the board obtained the best price possible for the company’s shares of common stock.

Key Points: 
  • First, the investigation includes determining whether the board obtained the best price possible for the company’s shares of common stock.
  • Finally, the investigation concerns whether the company’s board adequately pursued alternatives to the proposed acquisition.
  • Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
  • James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JVA, SCU, AMNB

Retrieved on: 
Sunday, October 29, 2023

If you are a Coffee shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Coffee shareholder, click here to learn more about your rights and options .
  • If you are a Sculptor shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SLGC, FNCB, NXGN, SCU

Retrieved on: 
Friday, October 27, 2023

Under the terms of the agreement, SLGC shareholders will receive 1.11 shares of Standard BioTools per share they own.

Key Points: 
  • Under the terms of the agreement, SLGC shareholders will receive 1.11 shares of Standard BioTools per share they own.
  • FNCB Bancorp, Inc. (Nasdaq: FNCB ), relating to its proposed sale to Peoples Financial Services Corp.
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.

Leading Proxy Advisory Firms ISS and Glass Lewis Recommend Sculptor Capital Stockholders Vote “For” Merger With Rithm Capital Corp.

Retrieved on: 
Friday, November 3, 2023

Sculptor Capital Management Inc. (NYSE: SCU) (“Sculptor”) today announced that leading proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis’) recommend that Sculptor stockholders vote “FOR” its proposed merger with Rithm Capital Corp. (NYSE: RITM) (“Rithm”) at Sculptor’s special meeting of stockholders (the “Special Meeting”) to be held on November 16, 2023.

Key Points: 
  • Sculptor Capital Management Inc. (NYSE: SCU) (“Sculptor”) today announced that leading proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis’) recommend that Sculptor stockholders vote “FOR” its proposed merger with Rithm Capital Corp. (NYSE: RITM) (“Rithm”) at Sculptor’s special meeting of stockholders (the “Special Meeting”) to be held on November 16, 2023.
  • Marcy Engel, Chair of the Board of Directors of Sculptor, stated, “We are pleased that the two leading proxy advisory firms, ISS and Glass Lewis, have recommended that stockholders vote “FOR” our proposed transaction by Rithm, which will deliver immediate and certain value for stockholders.
  • Sculptor’s Board of Directors strongly encourages stockholders to follow ISS’ and Glass Lewis’ recommendations and vote “FOR” the proposed merger at the Special Meeting.
  • Please vote today by telephone, via the Internet or
    by signing, dating and returning the enclosed proxy card.

The Founding Partners of Sculptor Capital Enter Into Agreement With Rithm Capital to Support Increased Offer to Benefit All Sculptor Shareholders

Retrieved on: 
Friday, October 27, 2023

Over the last 18 months, the Founding Partners have focused on increasing shareholder value.

Key Points: 
  • Over the last 18 months, the Founding Partners have focused on increasing shareholder value.
  • Through public statements and actions, we have sought to promote transparency and worked to ensure a competitive process open to all bidders.
  • Specifically, since Sculptor announced a deal with Rithm, we have focused our efforts on securing a better deal for all shareholders.
  • Daniel S. Och, said, “We are pleased to have helped negotiate a better outcome for Sculptor shareholders.

Rithm Capital Corp. Enters into Amended Merger Agreement to Acquire Sculptor Capital Management For $12.70 Per Sculptor Class A Share

Retrieved on: 
Friday, October 27, 2023

Rithm Capital Corp. (NYSE: RITM; “Rithm”) and Sculptor Capital Management Inc. (NYSE: SCU; “Sculptor”) today announced they have amended the terms of their previously announced definitive merger agreement (the “Amended Agreement”), pursuant to which Rithm will acquire Sculptor.

Key Points: 
  • Rithm Capital Corp. (NYSE: RITM; “Rithm”) and Sculptor Capital Management Inc. (NYSE: SCU; “Sculptor”) today announced they have amended the terms of their previously announced definitive merger agreement (the “Amended Agreement”), pursuant to which Rithm will acquire Sculptor.
  • The Transaction represents a premium of 49.4% over the unaffected November 17, 2022, closing Class A share price of $8.50.
  • Michael Nierenberg, Chairman, Chief Executive Officer and President of Rithm stated, “We remain thrilled to partner with Sculptor and thank Dan and the other founders for their support of Rithm’s amended agreement.
  • J.P. Morgan Securities LLC acted as financial advisor and Ropes & Gray LLP acted as legal counsel to Sculptor.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – FNCB, SLGC, SCU, NXGN

Retrieved on: 
Wednesday, October 18, 2023

Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.

Key Points: 
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Under the terms of the agreement, SLGC shareholders will receive 1.11 shares of Standard BioTools per share they own.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.
  • Under the terms of the agreement, NXGN shareholders are expected to receive $23.95 in cash per share they own.

Sculptor Capital’s Special Committee Responds to Dan Och’s Baseless Litigation

Retrieved on: 
Wednesday, October 18, 2023

Sculptor Capital Management, Inc.’s Special Committee of its Board of Directors today issued the following statement in response to a complaint filed in Delaware Chancery Court by Daniel S. Och, Harold Kelly, Richard Lyon, James O’Connor, and Zoltan Varga.

Key Points: 
  • Sculptor Capital Management, Inc.’s Special Committee of its Board of Directors today issued the following statement in response to a complaint filed in Delaware Chancery Court by Daniel S. Och, Harold Kelly, Richard Lyon, James O’Connor, and Zoltan Varga.
  • “The Special Committee’s role is to recommend the transaction that it believes is in the best interest of stockholders, based on price and certainty of closing.
  • Contrary to Dan Och’s assertions in the baseless lawsuit filed today that he too seeks to act in the best interest of stockholders, his ongoing campaign against the company, including his conduct throughout the Special Committee’s process, has cost stockholders significant value.
  • His complaint is replete with materially misleading statements, and Sculptor intends to vigorously defend itself.”