In re Citigroup Inc. Shareholder Derivative Litigation

CSC Appoints John Cuciti as Senior Product and Relationship Manager for Delaware Trust Company

Retrieved on: 
Tuesday, July 25, 2023
Technology, Finance, Consulting, Fintech, Banking, Business, Professional Services, Software, Data Management, In re Citigroup Inc. Shareholder Derivative Litigation, CSC, Trust, Head, Deutsche Bank, Delaware Trust Building, Roman Catholic Diocese of La Crosse, Prudential Securities

CSC, the world’s leading provider of business, legal, tax, and digital brand services, has announced the addition of John Cuciti as senior product and relationship manager.

Key Points: 
  • CSC, the world’s leading provider of business, legal, tax, and digital brand services, has announced the addition of John Cuciti as senior product and relationship manager.
  • In this role, he’ll be responsible for growing and expanding services for the escrow, project finance, and reinsurance trust markets of CSC’s wholly owned and fully regulated subsidiary, Delaware Trust Company .
  • Cuciti will report to Ed Morelli, senior managing director and head of project finance, escrow services and reinsurance trust.
  • He’s a welcome addition to our talented and successful corporate trust and agency team.”
    “I am beyond thrilled to join Delaware Trust,” said Cuciti.

BorgWarner names PHINIA Chairman and Board of Directors Ahead of Spin-Off

Retrieved on: 
Friday, June 2, 2023
Shearman & Sterling, BorgWarner, General counsel, BWA, In re Citigroup Inc. Shareholder Derivative Litigation, Ernst & Young, Risk management, Harvard College, Harvard Law School, Fast fuel system, Strategic planning, Accounting, Business administration, Bank of America, Alternator, Accuride Corporation, Commercial vehicle, Engineering, Partnership, Harvard Business School, Bank, Master of Business Administration, Worldwide Harmonised Light Vehicles Test Procedure, NYSE, Shearman, Non-executive director, Management

Mr. Weerasinghe retired from Citigroup, Inc. in December 2021 where he served as General Counsel from 2012.

Key Points: 
  • Mr. Weerasinghe retired from Citigroup, Inc. in December 2021 where he served as General Counsel from 2012.
  • Prior to this, he served as the Senior Partner for the law firm of Shearman & Sterling.
  • Mr. Weerasinghe is a graduate of Harvard College and holds a Master of Business Administration from Harvard Business School and a Juris Doctorate from Harvard Law School.
  • PHINIA intends to add one additional board member prior to the spin-off.

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
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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").

The Worldwide Mortgage Lending Industry is Expected to Reach $27,509 Billion by 2031

Retrieved on: 
Monday, December 12, 2022
NBFC, Porter, Truist Financial, In re Citigroup Inc. Shareholder Derivative Litigation, API, JPMorgan Chase, Mortgage loan, Quicken Loans, Automation, Bank, Royal Bank of Canada, Standard Chartered, QNB, Wells Fargo, Accounting, Ally Financial, Bank of America, Interest rate, Fannie Mae, Artificial intelligence, Growth, Nidec-Shimpo America Corporation, Machine learning, BNP Paribas Fortis, Credit, Real estate

According to this report the mortgage lending market was valued at $11,487.23 billion in 2021, and is estimated to reach $27,509.24 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.

Key Points: 
  • According to this report the mortgage lending market was valued at $11,487.23 billion in 2021, and is estimated to reach $27,509.24 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.
  • The mortgage lending market is segmented into type of mortgage loan, mortgage loan terms, interest rate, provider, and region.
  • Depending on mortgage loan term it is fragmented into 30-year mortgage, 20-year mortgage, 15-year mortgage and others.
  • The quantitative analysis of the global mortgage lending market from 2021 to 2031 is provided to determine the market potential.

Lenox Advisors appoints Marvine Laurent as SVP of Finance and Operations

Retrieved on: 
Thursday, September 29, 2022
Microsoft Dynamics 365 for Finance and Operations, Chris Marvin, In re Citigroup Inc. Shareholder Derivative Litigation, Columbia University, Business administration, CPA, BA, Senior, Growth, COO, Journal of Business Finance & Accounting, Technology, Goal, Insurance, Florida International University, Business intelligence, Multimedia, Citigroup, View, Management, Accounting

NEW YORK, Sept. 29, 2022 /PRNewswire/ -- Lenox Advisors , a wealth and insurance advisory firm, is pleased to announce the appointment of Marvine Laurent as Senior Vice President of Finance and Operations.

Key Points: 
  • NEW YORK, Sept. 29, 2022 /PRNewswire/ -- Lenox Advisors , a wealth and insurance advisory firm, is pleased to announce the appointment of Marvine Laurent as Senior Vice President of Finance and Operations.
  • As a senior member of the executive team, Marvine will report directly to the President and COO, Greg Large .
  • Greg Large is enthusiastic about the addition of Marvine to Lenox Advisors, saying, "We are excited to have Marvine join Lenox.
  • To learn more about how Lenox Advisors can help you manage your wealth, visit www.lenoxadvisors.com .

Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MBD

Retrieved on: 
Friday, September 23, 2022
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The Goldman Sachs Group, Inc. (NYSE: GS) today announced that on September 16, 2022, the U.S. District Court for the Southern District of New York preliminarily approved a settlement agreement resolving a shareholder derivative lawsuit involving the firm.

Key Points: 
  • The Goldman Sachs Group, Inc. (NYSE: GS) today announced that on September 16, 2022, the U.S. District Court for the Southern District of New York preliminarily approved a settlement agreement resolving a shareholder derivative lawsuit involving the firm.
  • In accordance with the Courts order preliminarily approving the settlement, Goldman Sachs is making disclosure of the settlement to its shareholders in the Notice of Settlement of Shareholder Derivative Litigation and Hearing (Notice) attached hereto.
  • The Notice, along with a copy of the full settlement agreement, can also be found on the investor relations section of the firms website at the following web addresses: www.goldmansachs.com/investor-relations/docs/FultonCountyEmployeesRetire... and www.goldmansachs.com/investor-relations/docs/FultonCountyEmployeesRetire... .
  • Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Danita Ostling Elected to nVent Board of Directors

Retrieved on: 
Tuesday, June 28, 2022
Architecture, Hardware, Electronic Commerce, Other Construction & Property, Technology, Semiconductor, Construction & Property, Other Manufacturing, Engineering, Other Technology, Manufacturing, Interior Design, Board of directors, EY, NVT, Accounting, Ernst & Young, Circle (company), In re Citigroup Inc. Shareholder Derivative Litigation, Varsity Brands, Compliance, Risk, Retirement, NYSE, Ernst, Financial Accounting Standards Board, Risk management, Finance, Solution, Board, Leadership, Knowledge, Electricity, Renewable energy, Management

nVent Electric plc (NYSE:NVT) (nVent), a global leader in electrical connection and protection solutions, announced that Danita Ostling was elected to its Board of Directors at nVents 2022 Annual General Meeting of Shareholders.

Key Points: 
  • nVent Electric plc (NYSE:NVT) (nVent), a global leader in electrical connection and protection solutions, announced that Danita Ostling was elected to its Board of Directors at nVents 2022 Annual General Meeting of Shareholders.
  • Danita is an experienced leader whose knowledge of accounting and auditing standards, risk management and compliance will be a great addition to the nVent Board of Directors, said nVent CEO Beth Wozniak.
  • Her technical expertise and demonstrated track record of helping businesses will complement and strengthen our nVent Board.
  • nVent, CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER are trademarks owned or licensed by nVent Services GmbH or its affiliates.

Plug Power Announces the Appointment of Two New Board Members

Retrieved on: 
Monday, April 18, 2022
Board, CEO, LLP, Economics, Wharton School of the University of Pennsylvania, KPMG, Motor vehicle, Business administration, Bryant University, Audit committee, NASDAQ, KPMG LLP, Executive, Compliance, Leadership, Organization, GLOBE, Keithley Instruments, Merrill (company), Goal, CoreSite, Iron Mountain, NetScout Systems, Ernst, In re Citigroup Inc. Shareholder Derivative Litigation, Company, Morgan Stanley, Solution, Business, University, Ernst & Young, Treasurer, Plug Power, HSBC, Acquisition, Senior, Master of Business Administration, Information management, Mahtani, American Tower, Management, Science, Plug

We are excited to welcome Jean and Kavita to our board of directors.

Key Points: 
  • We are excited to welcome Jean and Kavita to our board of directors.
  • They bring decades of leadership in key areas, such as M&A strategy implementation, global financial operations, and compliance, that are vital to our future operations and strategy, said Andy Marsh, CEO of Plug Power.
  • Ms.Bua served as a Board member and Audit Committee Chair for Coresite Realty until is acquisition at the end of 2021.
  • Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple environments, including material handling, e-mobility, power generation, and industrial applications.

Ultimus Names Donald Colombo as Senior Vice President of Business Development

Retrieved on: 
Thursday, April 7, 2022
Business development, Risk, Heart, Management science, EVP, Investment, In re Citigroup Inc. Shareholder Derivative Litigation, Ultimus, Growth, City, Carnegie Mellon University, Economics, FX, Administration, Mathematics, Senior, Carnegie Mellon College of Engineering, Pension, Industry, J. P. Morgan, Goal, Foundation, GLOBE, Accounting, Mellon College of Science, J.P. Morgan & Co., Financial services, Science

CINCINNATI, April 07, 2022 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, continues to invest in industry experienced talent and welcomes Donald Colombo as Senior Vice President of Business Development.

Key Points: 
  • CINCINNATI, April 07, 2022 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, continues to invest in industry experienced talent and welcomes Donald Colombo as Senior Vice President of Business Development.
  • Colombo was previously instrumental in launching a U.S. digital wealth advisory solution, demonstrating his deep understanding of the asset management, wealth, and technology segments.
  • Dons deep experience across sales, managing client relationships and his ability to develop strategic partnerships directly aligns with Ultimus goals of meeting clients needs.
  • Servicing over 1,600 total traditional and alternative funds, Ultimus helps investment managers and fund families flourish in todays increasingly sophisticated and dynamic investment landscape.

India's $40.21 Billion Remittance Market (2022-2027): Increase in Government Initiatives - Diaspora Bonds Drives Market - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 31, 2022
Banking, Professional Services, Finance, Ansoff Matrix, Risk, CAGR, USD, UAE Exchange, Investment, In re Citigroup Inc. Shareholder Derivative Litigation, Growth, Market development, Consumption, Bank of America Home Loans, Emotion, HDFC Bank, Personal, PayPal, SWOT, Channel, Industry, Insurance in Australia, Non-bank financial institution, Retail, Risk management, Financial services, Business, Appliance

Market dynamics are forces that impact the prices and behaviors of India's Remittance Market stakeholders.

Key Points: 
  • Market dynamics are forces that impact the prices and behaviors of India's Remittance Market stakeholders.
  • India's Remittance Market is segmented based on Appliance, Channel, Type, and End User
    Appliance, the market is classified into Consumption, Saving, and Investment.
  • The analyst analyses India's Remittance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.