Netflix is one of the fastest growing successes that the entertainment industry has ever seen, and it’s showing no signs of slowing down in the future. As one would assume, the streaming giant didn’t get that popular through stupidity and lazy marketing, but one user seems to think he has found a way around the somewhat controversial recent price hike, and it involves slapping Netflix with a …
Over 22 million people could take part in the lawsuit. Netflix has been increasing the price of it’s subscription service for a while now, and while we all sit back and complain about the price hikes, one customer has taken it to a whole other level. The Hollywood Reporter is reporting that a customer is suing Netflix for the recent price hike, and claims 22 million others have been affected as …
Banking giants have been through tough times over the past decade or so owing to the global economic meltdown but HSBC has lurched from one controversy to the next with alarming regularity. The fallout from …
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 …
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United Online provides consumer products and services over the Internet in the United States and internationally. On May 4, 2016, United Online announced it had signed a definitive merger agreement with B. Riley. Under the terms of the agreement, United Online shareholders will receive $11.00 in cash for each share held.
Cash America (CSH) Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Cash America International, Inc.; Are Shareholders Getting a Fair Deal? Apr 28, 2016, 12:32 ET from Johnson & Weaver, LLP SAN DIEGO, April 28, 2016 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the …
Textura (TXTR) Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Textura Corporation; Are Textura Shareholders Getting a Fair Price? Apr 28, 2016, 09:11 ET from Johnson & Weaver, LLP SAN DIEGO, April 28, 2016 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board …
On April 27, 2016, ExamWorks announced it had signed a definitive merger agreement with Leonard Green. Under the terms of the agreement, Leonard Green will acquire all of the outstanding shares of common stock of ExamWorks for $35.05 per share in an all cash transaction. The investigation concerns whether the ExamWorks board failed to satisfy their duties to the Company shareholders, including …
Nike has never been shy about filing lawsuits against other companies or former employees, but now the sportswear giant is on the receiving end. On Monday, a $5 million class action lawsuit was filed against Nike in U.S. District Court. According to KOIN6, the Swoosh faces allegations of being deceptive and misleading in its labeling and marketing of items sold at its outlet stores.
John Thornton has finally addressed the recurring outcry over his compensation – by taking a nearly $10-million (U.S.) cut in pay. The executive chairman of Barrick Gold Corp. will receive $3.1-million for his work in 2015, a dramatic reduction from the $12.9-million he pocketed for 2014. Shareholders have twice voted against Mr. Thornton’s compensation package in recent years through non- …