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AVDX STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-07 19:05
PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“AvidXchange”) shareholders. Click here for additional information: https://kaskelalaw.com/case/avidxchange/ On May 6, 2025, AvidXchange announced that it had agreed to be acquired by an investment group led by private equity firm TPG at a price of $10.00 per share in cash. Following the closing of the proposed ...
KPMG Launches AI Trust Services to Transform AI Governance, Enabled by ServiceNow
Newsfile· 2025-05-07 15:42
KPMG Launches AI Trust Services to Transform AI Governance, Enabled by ServiceNowSuite of services aims to help organizations ensure AI reliability, accountability and transparency.May 07, 2025 11:42 AM EDT | Source: KPMG LLP82% of leaders expect risk management to be their biggest challenge in 2025KPMG AI Trust services help organizations protect employees, companies and consumers as the speed of AI adoption acceleratesEnabled by ServiceNow AI Control Tower, KPMG AI Trust is designed to incre ...
Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors
Globenewswire· 2025-05-06 15:15
KH Group PlcStock exchange release 6 May 2025 at 6:15 pm EEST Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors KH Group Plc’s Annual General Meeting was held on 6 May 2025 at Sanomatalo, Flik Event Studio Eliel, at the address Töölönlahdenkatu 2, 00100 Helsinki, Finland. The Annual General Meeting supported all the proposals included in the notice of the Annual General Meeting. The General Meeting adopted the financial statements for the financial period ...
Leading Independent Proxy Advisory Firm ISS Recommends Harley-Davidson Shareholders Vote "FOR ALL" of Harley-Davidson's Highly Qualified Director Nominees
Prnewswire· 2025-05-05 20:53
ISS Concludes That H Partners "Has Not Presented a Compelling Case for Change;" Notes that its "Campaign Has Almost Certainly Set the CEO Search Process Back"Highlights Progress Made Under CEO Jochen Zeitz and the Hardwire Strategic PlanHarley-Davidson Urges Shareholders to Vote "FOR ALL" Harley-Davidson Director Nominees on the WHITE Proxy Card TODAYMILWAUKEE, May 5, 2025 /PRNewswire/ -- Harley-Davidson, Inc. (the "Company" or "Harley-Davidson") (NYSE: HOG) today announced that Institutional Shareholder Se ...
AvePoint to Participate in May Investor Conferences
GlobeNewswire News Room· 2025-05-05 20:05
JERSEY CITY, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced that members of the Company’s executive management team will present at the following investor conferences: TD Cowen 53rd Annual Technology, Media & Telecom Conference (New York, NY): Thursday, 5/29 at 2:25 pm ET Jefferies Public Technology Conference (Newport Coast, CA): Thursday, 5/29 at 10:30am PT In addition, AvePoint will attend the following inves ...
Shareholders of Tejon Ranch Co. Urged to Vote for an Accountable Board of Directors
Globenewswire· 2025-05-05 18:08
Core Viewpoint - Bulldog Investors, holding 2.1% of Tejon Ranch Co., is urging shareholders to elect new directors to enhance transparency and accountability, which they believe will lead to a higher stock price [1]. Group 1: Shareholder Concerns - Shareholders are worried about Tejon's significant expenditures and whether they will yield corresponding benefits, particularly regarding the Tejon Mountain Village (TMV) project [2]. - The Board previously claimed TMV was fully entitled and near execution, but similar statements were made in 2013, with over $100 million spent since then without any development progress [2]. Group 2: Management Accountability - Andrew Dakos, a director nominee, highlighted shareholders' frustrations with the Board's lack of accountability for questionable spending, which has negatively impacted Tejon's stock price [3]. - There is a clear need for directors who are committed to improving oversight and ensuring that Tejon does not remain a stagnant investment [3].
FINDELL CAPITAL PARTNERS DELIVERS LETTER TO OPORTUN STOCKHOLDERS AHEAD OF 2025 ANNUAL MEETING
Prnewswire· 2025-05-05 11:12
Core Viewpoint - Findell Capital Management is advocating for a significant change in the board of Oportun Financial Corporation, urging stockholders to elect Warren Wilcox as an independent director to enhance governance and refocus on the core lending business [1][4][11]. Group 1: Board Composition and Governance - Findell Capital Management holds approximately 9.5% of Oportun's outstanding common stock and has been pushing for the board to act as a fiduciary rather than enabling the current CEO, Raul Vazquez [2][3]. - The legacy board has been criticized for failing to effectively oversee CEO Vazquez, who has been accused of mismanaging the company and inflating costs [6][9]. - The addition of independent directors in 2024 has led to some improvements, but the board is still seen as lacking independence and expertise in lending [3][7][9]. Group 2: Performance Metrics - Oportun has experienced a 40% dilution since Findell's engagement began, attributed to strategic missteps by the management [7]. - The company's total return has improved since the addition of new directors, but it remains underperforming compared to industry benchmarks [9]. - Key performance metrics show that Oportun's operational expenses per loan have increased significantly, contrasting with competitors like OneMain Holdings, which maintained flat operating expenses [12]. Group 3: Proposed Changes - Findell is advocating for a reduction in the board size from 10 to 8 members and the appointment of directors with lending experience to enhance oversight [12][13]. - The company is urged to reduce its operating expense ratio from 15% to 10% and remove the self-imposed interest rate cap of 36% to better serve its customers [13]. - The campaign emphasizes the need for a fully independent board with no ties to management to ensure accountability and effective governance [12][13]. Group 4: Nominee Profile - Warren Wilcox is presented as a highly qualified candidate for the board, with extensive experience in consumer financial services and a strong track record in fintech and credit card businesses [15][16]. - His background includes leadership roles in various financial institutions and companies, making him well-suited to contribute to Oportun's strategic direction [15][16].
Bladex and the Panama Canal: An Alliance Transforming Plastic Waste into Progress for Communities
Prnewswire· 2025-05-05 10:00
Accessibility StatementSkip Navigation This initiative prevented this plastic waste from ending up in landfills, rivers, or oceans, transforming an environmental problem into a concrete solution that enhances the quality of life for communities and protects the natural environment. The structure, measuring 81 meters in length, connects four communities, significantly improving the mobility and safety of over 300 people. Beyond its functionality, this bridge symbolizes the power of collaboration to promote ...
Beaver Hollow Wellness Files Definitive Proxy Statement
Prnewswire· 2025-05-02 18:17
Sends Letter to Servotronics, Inc. Shareholders Highlighting Material UnderperformanceOn May 2, 2025, Beaver Hollow Wellness issued the following press release and letter:Beaver Hollow Wellness Files Definitive Proxy Statement and Sends Letter to Servotronics, Inc. Shareholders Highlighting Material Underperformance, Misguided Capital Allocation Strategy and Loss of Shareholder ValueNominates Four Highly Qualified Director Nominees – Paul L. Snyder III, Christine R. Marlow, Michael W. Dolpp and Charles C. A ...
Edward Smolyansky Rebukes Lifeway Foods (NASDAQ: LWAY) 2024 Amended 10-K Filing
Prnewswire· 2025-05-02 16:50
CHICAGO, May 2, 2025 /PRNewswire/ -- Edward Smolyansky, who together with Ludmila Smolyansky, beneficially own approximately 27% of outstanding shares of Lifeway Foods common stock, today issued the following statement in response to Lifeway's amended 2024 Annual Report and its latest disclosures on executive and director compensation.Apparent Delay of 2025 Annual Meeting of Shareholders On March 13, Edward Smolyansky submitted a full slate of Board nominees for Lifeway's 2025 Annual Meeting. To date, Lifew ...