Core Viewpoint - The proposed buyout of TaskUs, Inc. by its three largest shareholders, including Blackstone, is under investigation due to concerns about the fairness of the deal and potential conflicts of interest [1][4]. Company Overview - TaskUs is recognized as a leading provider of outsourced digital services and next-generation customer experience for innovative companies [2]. - The company has a positive outlook, with Wall Street analysts setting an average one-year stock price target of $18.50 per share, and a high target of $22 per share [2]. Buyout Details - On May 9, 2025, TaskUs announced its sale to a buyer group that already holds a majority of the company's voting power, with the buyout price set at $16.50 per share for public shareholders [3]. - The buyout is being pursued by Blackstone and co-founders Bryce Maddock and Jaspar Weir, who will continue their roles in the company post-acquisition [3][4]. Legal Investigation - Julie & Holleman LLP is investigating the buyout for potential legal claims, citing concerns over the deal's fairness and the low buyout price compared to the company's true value [1][4].

Core Viewpoint - Julie & Holleman LLP is investigating potential claims against Iovance Biotherapeutics, Inc. and its executives due to recent losses suffered by the company's stockholders [1][2]. Group 1: Legal Investigation - A complaint filed in federal court alleges that Iovance and its executives misled investors by exaggerating the company's financial prospects and downplaying risk factors affecting growth potential [2]. - The complaint specifically claims that the company concealed its inability to generate demand and was ill-equipped to capitalize on existing demand for its treatments through its network of approved treatment centers [2]. Group 2: Firm Background - Julie & Holleman LLP is a boutique law firm specializing in shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations [4]. - The firm's attorneys have a track record of securing hundreds of millions of dollars for aggrieved companies and their shareholders [4].

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against ModivCare, Inc. (NASDAQ: MODV) on behalf of long-term stockholders following a class action complaint that was filed against ModivCare on January 29, 2025 with a Class Period from November 3, 2022, to September 15, 2024. Our investigation concerns whether the board of directors of ModivCare have breached their fiduciary duties to the company. ...

HALIFAX, Nova Scotia, May 15, 2025 (GLOBE NEWSWIRE) -- Morien Resources Corp. ("Morien" or the "Company") (TSX-V:MOX) is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders (“AGM”) held in Halifax on May 14, 2025. Election of Directors The number of directors was set by the Board at four, with John Budreski, Dawson Brisco, Mary Ritchie, and Beau White re-elected to the Company's Board for the ensuing y ...

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fluence Energy, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1] Group 1: Lawsuit Details - The lawsuit claims that during the class period, Fluence made false or misleading statements and failed to disclose critical information regarding its relationships with major revenue sources, Siemens AG and The AES Corporation [2] - Specific allegations include accusations from Siemens Energy regarding engineering failures and fraud, as well as inflated margins and revenue growth due to impending divestitures by Siemens and AES [2] - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and financial prospects, leading to investor damages when the truth emerged [2] Group 2: Contact Information - Long-term stockholders of Fluence are encouraged to reach out for more information regarding the claims or their rights, with contact details provided for Brandon Walker and Marion Passmore [3]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against The Estee Lauder Companies Inc. regarding alleged breaches of fiduciary duties by its board of directors following a class action complaint filed on December 7, 2023 [1] Group 1: Allegations and Market Impact - The complaint alleges that Estee Lauder misled investors with unrealistic and materially false statements about market demand for its products and inventory levels [2] - These misleading statements concealed the company's market weaknesses until May 3, 2023, when Estee Lauder announced weaker-than-expected sales and profit, leading to a third consecutive cut in its fiscal year outlook [2] - Following this announcement, Estee Lauder's stock price fell from $245.22 per share on May 2, 2023, to $202.70 per share on May 3, 2023, reflecting a significant decline [2]

Core Points - A class action has been filed against Compass Group Diversified Holdings, LLC (NYSE: CODI) on behalf of investors who acquired its securities between May 1, 2024, and May 7, 2025 [1] - The allegations include insufficient disclosure controls and failure to disclose unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to its subsidiary, Lugano Holdings, Inc. [2] - On May 7, 2025, Compass announced the need to restate its financial statements for fiscal 2024 due to identified irregularities in Lugano's financing and accounting practices, leading to a significant drop in stock price [3] Company Information - Compass Group Diversified Holdings, LLC is a statutory trust that manages a portfolio of small and middle-market businesses, including Lugano Holdings, Inc., which specializes in high-end jewelry [1] - The company is currently under investigation for its financial disclosures and practices related to its subsidiary [2][3] Legal Proceedings - Shareholders interested in participating in the class action must file their papers by July 8, 2025, to serve as lead plaintiff [4] - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur fees or expenses [5]

Core Viewpoint - Julie & Holleman LLP is investigating the acquisition of TaskUs, Inc. by a buyer group that includes the company's three largest shareholders, raising concerns about conflicts of interest and the fairness of the deal price [1][4]. Company Overview - TaskUs, Inc. is a leading provider of outsourced digital services and next-generation customer experience to innovative companies [2]. - Wall Street analysts have set one-year stock price targets for TaskUs, averaging $18.50 per share, with a high target of $22 per share [2]. Acquisition Details - On May 9, 2025, TaskUs announced its sale to a buyer group that already controls a majority of the company's voting power, with Blackstone, Maddock, and Weir offering to buy out public shareholders for $16.50 per share [3]. - The law firm Julie & Holleman believes the buyout price is significantly below the company's true value [4]. Legal Concerns - Julie & Holleman LLP is pursuing potential legal claims based on the apparent unfairness of the acquisition deal, highlighting conflicts of interest as key insiders remain with the company while public shareholders are cashed out at a low price [4].

SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Solaris Energy Infrastructure, Inc. (NYSE: SEI) securities between July 9, 2024 and March 17, 2025. Solaris provides equipment used in the completion of oil and natural gas wells in the United States. On July 9, 2024, Solaris announced that it has entered into an agreement to acquire Mobile Energy Rentals LLC (“MER”). For more i ...

SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is investigating whether the board of directors of TaskUs, Inc. (NASDAQ: TASK) breached their fiduciary duties in connection with the proposed sale of the company to Blackstone, TaskUs Co-Founder and CEO Bryce Maddock, and Co-Founder and President Jaspar Weir (collectively, the “Buyer Group”). On May 9, 2025, TaskUs entered into a definitive agreement pursuant to which Buyer Group will acquire all outstanding shares ...