Prnewswire
Search documents
GENERAL SHAREHOLDERS' MEETING OF ECOPETROL S.A.
Prnewswire· 2026-02-20 02:25
Core Viewpoint - Ecopetrol S.A. is convening a General Shareholders' Meeting on March 27, 2026, to discuss key corporate matters including a merger and financial statements [1] Group 1: Meeting Agenda - The agenda includes the review and approval of a merger agreement with Parque Solar Portón del Sol S.A.S. [1] - Shareholders will vote on the planned profit distribution for 2025 [1] - Approval of the audited individual and consolidated financial statements for 2025 is on the agenda [1] - The meeting will also cover the Integrated Management Report and the Corporate Governance Report for 2025 [1] Group 2: Meeting Logistics - The meeting will be held in person and streamed live on Ecopetrol's website [1] - Shareholders are encouraged to attend with smart mobile devices for electronic voting [1] - Proxies can represent shareholders, and specific requirements for proxy representation are outlined [1] Group 3: Shareholder Rights and Information - Shareholders can inspect Ecopetrol's books starting March 5, 2026, with prior appointment [1] - The merger proposal will be available at Ecopetrol's main domicile within the legally required timeframe [1] - Shareholders have the right to object to the merger under certain conditions as per local law [1]
Ecopetrol publishes measures aimed at ensuring the adequate representation of Shareholders at the Annual General Meeting to be held on March 27th, 2026
Prnewswire· 2026-02-20 02:25
Core Viewpoint - Ecopetrol S.A. is implementing measures to ensure adequate representation of shareholders at the Annual General Meeting scheduled for March 27, 2026, in compliance with Colombian regulations [1]. Group 1: Measures for Shareholder Representation - The Corporate Legal Vice Presidency and General Secretariat will be responsible for reviewing and verifying proxies [1]. - Employees are reminded that they cannot represent shares other than their own during the meeting, except in cases of legal representation [1]. - Powers of attorney cannot be granted to individuals connected to the management or employees of Ecopetrol [1]. - Managers and employees are instructed not to suggest or determine appointees in proxies, recommend specific candidate lists for the board, or coordinate with shareholders on proposals or voting [1]. - Proxies that do not meet legal requirements will not be accepted, and the name of the appointed representative must be clearly stated [1]. - Shareholders will be informed of their right to be represented by proxy and the legal requirements for such proxies [1]. Group 2: Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 people [1]. - The company is responsible for over 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [1]. - Ecopetrol has acquired 51.4% of ISA's shares, expanding its involvement in energy transmission and other sectors [1]. - Internationally, Ecopetrol has operations in strategic basins in the U.S., Brazil, and Mexico, and holds significant positions in power transmission in Brazil, Chile, Peru, and Bolivia [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hub Group, Inc. - HUBG
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Hub Group, Inc. following the announcement of a financial restatement due to accounting errors [1] Financial Impact - Hub Group announced it would restate its financial statements for the first three quarters of 2025, resulting in a total reduction of $77 million in accounts payable and purchased transportation costs [1] - The company has delayed its full earnings release and is assessing the potential impact on its financial statements for 2023 and 2024, suggesting that the accounting errors may extend beyond 2025 [1] Stock Market Reaction - Following the announcement of the financial restatement, Hub Group's stock price fell by $9.37 per share, or 18.25%, closing at $41.96 per share on February 6, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ralliant Corporation - RAL
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz Law Firm is investigating claims on behalf of investors of Ralliant Corporation regarding potential securities fraud or unlawful business practices following a significant financial impairment announcement [1] Financial Results - On February 4, 2026, Ralliant reported a $1.4 billion non-cash goodwill impairment in its Test & Measurement segment, linked to its acquisition of EA Elektro-Automatik [1] - The impairment was attributed to revised long-term expectations for the EA business and a reduction in industry forecasts for future electric vehicle (EV) adoption [1] Stock Market Reaction - Following the announcement of the impairment, Ralliant's stock price dropped by $17.89 per share, representing a decline of 31.79%, closing at $38.39 per share on February 5, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ostin Technology Group Co., Ltd. of Class Action Lawsuit and Upcoming Deadlines - OST
Prnewswire· 2026-02-20 01:06
Core Viewpoint - A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. for alleged securities fraud, resulting in significant investor losses exceeding $950 million in market capitalization [1]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Ostin and certain officers and/or directors engaged in unlawful business practices [1]. - Investors have until April 17, 2026, to request to be appointed as Lead Plaintiff if they purchased Ostin securities during the Class Period [1]. Group 2: Allegations and Financial Impact - The complaint alleges that from around December 2024, Ostin and its co-conspirators engaged in a securities fraud scheme that inflated the company's market capitalization from approximately $22 million to over $1 billion [1]. - On June 26, 2025, Ostin investors faced substantial losses as the stock price fell from an intraday high of $9.40 to a closing price of $0.55, resulting in a loss of over 94% of the company's market capitalization in a single day [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gemini Space Station, Inc. - GEMI
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud and unlawful business practices involving Gemini Space Station, Inc. following the departure of key executives and a significant drop in stock price [1] Group 1: Company Overview - Gemini Space Station, Inc. (NASDAQ: GEMI) conducted its initial public offering on September 12, 2025, selling 15,937,501 shares of Class A common stock at a price of $28.00 per share [1] - The company announced the departure of Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Meade, effective February 17, 2026 [1] Group 2: Stock Performance - Following the announcement of executive departures, Gemini's stock price fell by $0.975 per share, representing a decline of 12.9%, closing at $6.585 per share on February 17, 2026 [1] Group 3: Legal Investigation - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, and is currently investigating claims on behalf of Gemini's investors [1] - The firm has a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [1]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in PayPal Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - PYPL
Prnewswire· 2026-02-20 01:06
Core Insights - A class action lawsuit has been filed against PayPal Holdings, Inc. for alleged securities fraud and unlawful business practices [1] - PayPal reported disappointing financial results for Q4 and the full fiscal year 2025, leading to a withdrawal of its 2027 financial targets [1] - The company attributed its poor performance to macroeconomic factors, competition, and operational issues [1] Financial Performance - PayPal's Q4 and full fiscal year 2025 earnings results were disappointing, particularly in Branded Checkout [1] - The company has lowered its financial guidance, indicating a slowdown compared to previous targets [1] Leadership Changes - Alex Chriss has departed as the Chief Executive Officer of PayPal [1] Legal Context - Investors who suffered losses are encouraged to contact Pomerantz LLP to potentially become Lead Plaintiffs in the class action [1] - The deadline for investors to join the class action is April 20, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Franklin BSP Realty Trust, Inc. - FBRT
Prnewswire· 2026-02-20 01:06
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Franklin BSP Realty Trust, Inc. - FBRT [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Franklin BSP Realty Trust, Inc. ("Franklin" or the "Company") (NYSE: FBRT). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether Franklin and certain of its offi ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KDDI Corporation - KDDIY
Prnewswire· 2026-02-20 01:04
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KDDI Corporation - KDDIY [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of KDDI Corporation ("KDDI" or the "Company") (OTCMKTS: KDDIY). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether KDDI and certain of its officers and/or directors have engage ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EverCommerce Inc. - EVCM
Prnewswire· 2026-02-20 01:04
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EverCommerce Inc. - EVCM [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether EverCommerce and certain of its officers and/or direct ...