SAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Envestnet, Inc. (NYSE: ENV) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Bain Capital. On July 11, 2024, Envestnet informed the public that it has agreed to a deal with Bain Capital, in which stockholders will receive $63.15 per share in an all-cash offe ...

Envestnet, Inc. (NYSE:ENV) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants Josh Warren - CFO Jim Fox - Board Chair & Interim CEO Conference Call Participants Operator Hello, and welcome to the Envestnet Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. As a reminder, this conference is being recorded. There will be no Q&A session following prepared remarks. It is now my pleasure to introduce Josh Warren, Chief Financial Off ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-34835 Envestnet, Inc. (Exact name of registrant as specified in its charter) (I.R.S Employer Identification No.) Delaw ...

Envestnet (ENV) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -12.70%. A quarter ago, it was expected that this financial services firm would post earnings of $0.54 per share when it actually produced earnings of $0.60, delivering a surprise of 11.11%. Over the last four quarters, t ...

Exhibit 99.1 Envestnet Reports Second Quarter 2024 Financial Results Berwyn, PA — August 9, 2024 — Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today reported financial results for the three and six months ended June 30, 2024. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------|-------|---------------------------|----------|--------|--------------|---- ...

Over the past 90 days, the Zacks Consensus Estimate for ENV's full-year earnings has moved 0.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Byrna Technologies Inc. however, belongs to the Technology Services industry. Currently, this 170-stock industry is ranked #95. The industry has moved +19.3% so far this year. For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming ...

Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Galaxy Gaming, Inc. (OTC: GLXZ) Click to Learn More As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™ Kuehn Law is dedicated to safeguarding shareholder interests. Concerned shareholders are encourage ...

Affinity Bank, a wholly-owned subsidiary of Affinity Bancshares, Inc. (NASDAQ: AFBI)'s sale to Atlanta Postal Credit Union. The transaction is structured as a purchase and assumption agreement whereby Atlanta Postal is expected to acquire substantially all assets and assume substantially all liabilities of Affinity Bank in an all-cash transaction. If you are an Affinity shareholder, click here to learn more about your rights and options. Shareholders are encouraged to contact the firm free of charge to disc ...

Click here to learn how to join our investigation https://www.ademilaw.com/case/envestnet-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. We are investigating the conduct of Envestnet's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney adv ...

MONSEY, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Envestnet, Inc. (NYSE: ENV) ("Envestnet") to Bain Capital for $63.15 per share in cash. The sales price is well below Envestnet's 52-week high of $73.04 per share, which may indicate an opportunistic buy. Additionally, the premium to Envestnet's closing price of $61.70 per share on July 10, 2024, is only 2.4%. Alternatively, you may contact us by phone at 866-833-6245, or ...