ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Onvia Share this article NEW YORK, Oct. 6, 2017 /PRNewswire/ — Rowley Law PLLC is investigating potential claims against Onvia (NASDAQ: ONVI) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Deltek for $9.00 per share in cash. The transaction is valued at approximately …
Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Chesapeake Energy Corporation (“Chesapeake” or the “Company”) (NYSE: CHK; CHKDG) concerning possible violations of federal securities laws between February 27, 2015 and September 28, 2016 (the “Class Period”). Investors, who purchased or otherwise acquired shares …
The complaint charges Joy Global, its Board and Komatsu with breaches of fiduciary duty, aiding and abetting breaches of fiduciary duty and/or violations of the Securities Exchange Act of 1934 (“1934 Act”) arising out of defendants’ efforts to complete the sale of Joy Global to Komatsu pursuant to an unfair process and for an unfair price (the “Proposed Acquisition”). Joy Global is a leading …
The complaint charges PCC and certain of its current and/or former directors with violations of the Securities Exchange Act of 1934 (“1934 Act”). PCC produced investment castings, forgings and fasteners for aerospace, power and general industrial customers. On August 10, 2015, PCC and Berkshire jointly announced that they had entered into a definitive merger agreement, whereby Berkshire …
Otto, a self-driving trucking startup built by ex-Googlers, darted into the spotlight earlier this month when Uber acquired it for a reported $680 million. So did Clearpath Robotics, a Canadian maker of autonomous robots that includes a division of self-driving warehouse robots named—you guessed it—Otto. Clearpath is now suing Uber’s Otto, the full name of which is Ottomotto, for infringing on …
Shareholder rights law firm Robbins Arroyo LLP announces that it filed a class action lawsuit on August 19, 2016, in the U.S. District Court for the Western District of Washington at Seattle (the “Court”) on behalf of the shareholders of Outerwall Inc. (“Outerwall”) (NASDAQGS: OUTR) against its Board of Directors for, among other things, violations …
Anthem threw punches back at the U.S. Justice Department’s attempt to block the insurer’s acquisition of Cigna Corp. The response signals Anthem will indeed litigate the case to the end even though many analysts and policy experts say the company is unlikely to win In a newly filed legal response, Anthem’s lawyers argued the deal to buy Cigna is “procompetitive” and specifically would allow …
Talmer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Chemical on January 25, 2016. The Merger Agreement in the “Proposed Acquisition” stated that Chemical would obtain Talmer by buying all of its remaining shares at a $0.4725 per share of Chemical common stock and $1.61 in per share of Talmer common …
HSBC has agreed to pay $1.58bn (£1.11bn, €1.4bn) to resolve a US shareholder class action lawsuit that was filed in 2002. The lawsuit had stemmed from HSBC’s 2003 acquisition of US subprime group, Household International. The 14-year-old lawsuit by Household’s shareholders …
Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, reminds Alere Inc. (NYSE:ALR) that June 20, 2016 is the lead plaintiff deadline in the securities class action lawsuit concerning Alere’s apparent improper revenue recognition in violation of GAAP. Hagens Berman is expanding its investigation in light of recent news that Abbot …