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AEP INDUSTRIES (AEPI) ALERT: Johnson & Weaver, LLP Launches an Investigation Into the Fairness of Price and Process in Proposed Sale of AEP Industries Inc.; Are Shareholders Getting a Fair Deal?

SAN DIEGO, Aug. 25, 2016 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of AEP Industries Inc. (AEPI) breached their fiduciary duties in connection with the proposed sale of the Company to Berry Plastics Group, Inc. (BERY). AEP manufactures and markets flexible plastic packaging films in North America. Johnson & …


SolarCity Corp Facing Class-Action Securities Lawsuit

SolarCity has landed in legal trouble as a class-action lawsuit has been filed against it in the U.S. District Court for the Northern District of California on behalf of a class consisting of persons and entities that acquired its securities between May 5, 2015, and February 9, 2016, announced the Wagner Firm, which filed the lawsuit. Anyone who is a member of the class described above and …




Freddie Mac Must Face Revived Lawsuit Over Subprime Exposure

A federal appeals court on Wednesday revived Ohio’s lawsuit accusing Freddie Mac of defrauding the state’s $87.3 billion public pension fund by hiding its exposure to subprime and other risky mortgages prior to the 2007-09 financial crisis. The 6th U.S. Circuit Court of Appeals said a lower court judge erred in finding that the Ohio Public Employees Retirement System (OPERS) did not plausibly …


SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of the Board of Directors of the WhiteWave Foods Company -WWAV

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 …


SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of the Board of Directors of XenoPort, Inc. -XNPT

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) …


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 …


Supreme Court Rejects Review of BP Shareholder Lawsuit

Supreme Court rejects review of BP shareholder lawsuit By Devin Henry – 05/02/16 10:55 AM EDT The Supreme Court will not hear arguments from a group of BP shareholders looking to sue the company over the 2010 Gulf Coast oil spill. A group of investors who had purchased shares in BP before the spill has looked to sue the company, saying it mislead potential investors about its safety standards …


Will Facebook (FB) Stock Be Hurt by Shareholder Lawsuit?

A Facebook (FB – Get Report) shareholder filed a proposal for a class action lawsuit on Friday in an attempt to halt the social media company’s plan to issue new Class C stock, Reuters reports. The shareholder says the deal is unfair and designed to establish CEO Mark Zuckerberg as the company’s controlling shareholder. The lawsuit was filed on the Delaware Court of …