Capital

Lawsuit: Security Guards Chased Accused Shoplifter to Death

The family of a suspected shoplifter who drowned after running from Arundel Mills mall security officers is suing the shopping center’s security staff for allegedly chasing him to his death. The Capital reports (http://bit.ly/28Io7Ri) Tavon Talley’s family filed the lawsuit against Valor Security Services and Mydatt Services in Baltimore City Circuit Court in February. The …


American Capital (ACAS) ALERT: Johnson & Weaver, LLP Launches an Investigation Into the Fairness of Price and Process in Proposed Sale of American Capital, Ltd.; Are Shareholders Getting a Fair Price?

On May 23, 2016, American Capital announced it had signed a definitive merger agreement with Ares Capital. Under the terms of the transaction, American Capital shareholders will receive total cash and stock consideration of $14.95 per fully diluted share. American Capital shareholders will receive $6.41 in cash per share, plus 0.483 Ares Capital shares for each American Capital share, or $7.34 …


VW Institutional Investors File $3.61 Billion Suit in Germany

BERLIN Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them said. The lawsuit, for damages of 3.256 billion euro ($3.61 billion), was filed at a regional court in Braunschweig in VW’s home state of Lower Saxony on Monday and is …