Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of NetSuite, Inc. (“NetSuite” or “the Company”) (NYSE- N-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Oracle Corporation (“Oracle”). Click here to …
WeissLaw LLP announced that it filed a class action in the United States District Court of Minnesota on behalf of shareholders of St. Jude Medical, Inc. (NYSE: STF), seeking to pursue remedies under the Securities and Exchange Act of …
BALA CYNWYD, Pa.–(BUSINESS WIRE)–Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Golden Enterprises, Inc. (“Golden” or “the Company”) (Nasdaq: GLDC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Utz Quality Foods, Inc. (“Utz”). Click here to learn …
Thursday, a unit of HSBC Holdings said it will pay $1.575 billion in order to end a 14-year old shareholder class action lawsuit. The lawsuit stems from questionable mortgage lending undertaking more than a decade ago from the Household International consumer finance business that HSBC bought in 2003, according to an article by Jonathan Stempel for Reuters. In the second quarter, the company …
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of The WhiteWave Foods Company (“WhiteWave” or “the Company”) (NYSE- WWAV-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Danone SA (“Danone”). Click here …
Billabong is paying out $45 million to end a shareholder class action over earnings downgrades which saw the surf clothing company’s share price tumble in 2011. A short time ago, Billabong shares were down 0.76% to $1.31, well down on the 12-month …
WILMINGTON, Del., June 29, 2016 (GLOBE NEWSWIRE) — Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announced today that a class action lawsuit has been filed by another law firm on behalf of stockholders of Qlik Technologies, Inc. (NASDAQ:QLIK) (“Qlik” or the “Company”) seeking to challenge the Company’s recently announced …
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of XenoPort, Inc. -XNPT May 23, 2016, 22:25 ET from Brodsky & Smith, LLC BALA CYNWYD, Pa., May 23, 2016 /PRNewswire/ — Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of XenoPort, Inc. (“XenoPort” or “the Company”) (Nasdaq- XNPT-News) …
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 …
In Jinnaras v. Alfant, decided on May 5, 2015, the New York Court of Appeals rejected a proposed settlement of a shareholder class action, where the proposed settlement would have deprived out-of-state class members of a “cognizable property interest” by failing to provide a mechanism for class members residing outside of New York to opt out of the settlement. The Jinnaras …