Philadelphia, Pennsylvania--(Newsfile Corp. - February 26, 2026) - Kaskela Law LLC announces that it is actively investigating Industrial Logistics Properties Trust (NASDAQ: ILPT) ("ILPT") on behalf of the company's long-term shareholders.The investigation seeks to determine whether ILPT and/or the company's officers and directors violated the securities laws or breached their fiduciary duties to the company's investors in connection with recent corporate actions. If you are a ILPT shareholder and would li ...

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Five9, Inc., encouraging shareholders to contact the firm to discuss their rights and possible corporate governance reforms [1]. Group 1: Shareholder Rights and Legal Actions - Shareholders of Five9, Inc. may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [1]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees [1]. Group 2: Importance of Shareholder Involvement - Shareholder participation is crucial for improving company policies, practices, and oversight, which can enhance overall shareholder value [1]. - Halper Sadeh LLC has a history of representing investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [1].

IPO-bound OYO's parent entity PRISM on Wednesday announced the appointment of former SEBI Chairman Ajay Tyagi as an Independent Director on its Board.His appointment comes as PRISM aims to further strengthen its board and governance framework as it strives to grow and access the public markets."Tyagi joins an experienced board with expertise across governance, consumer businesses, technology and strategic investments," OYO said in a statement.The board comprises Independent Directors, including William Stev ...

Core Viewpoint - Elliott Management is attempting to acquire shares of Toyota Industries, claiming the current tender offer undervalues the company, which could disrupt Toyota's buyout plans and impact corporate governance in Japan [1]. Group 1: Elliott Management's Offer - Elliott Management has proposed to buy Toyota Industries shares at around market price from shareholders who support the tender offer [1]. - The firm believes that Toyota Industries shares are worth more than 26,000 yen each, significantly higher than the 18,800 yen proposed by Toyota [1]. - Elliott currently holds approximately 7% of Toyota Industries and must report any changes in its holdings [1]. Group 2: Toyota Industries' Buyout Attempt - Toyota Industries' share price closed at 20,200 yen ($130), which is about 7% above the proposed buyout price [1]. - The company extended its tender offer due to insufficient shareholder support and needs 9% of shareholders to agree to sell for a two-thirds majority [1]. - Shareholders who have agreed to sell include notable firms like Ibiden, Mitsui Sumitomo Insurance, and Tokio Marine & Nichido Fire Insurance [1]. Group 3: Implications for Corporate Governance - The situation is viewed as a test case for corporate governance in Japan, where regulators are encouraging companies to improve capital efficiency and reduce cross-shareholding arrangements [1]. - Ibiden has indicated that selling its Toyota Industries stock will enhance its corporate value and benefit its shareholders [1].

Banco BPM clears governance overhaul, opening door for bigger Credit Agricole role | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A Credit Agricole logo outside a bank office in Reze, near Nantes, February 3, 2026. REUTERS/Stephane Mahe [Purchase Licensing Rights, opens new tab]- Companies- Summary- CA's choice will shape fund shareholders' representation- CA could gain seats via current board's list, or file its own- Bank's share ...

Core Viewpoint - Parex Resources Inc. has nominated six independent director candidates for election to GeoPark Limited's Board of Directors, aiming to maximize shareholder value ahead of the 2026 Annual Meeting of Shareholders [1][2]. Group 1: Nominations and Objectives - Parex, holding an approximate 11.8% stake in GeoPark, believes that nominating independent directors will ensure that all options for maximizing shareholder value are evaluated [1][2]. - The nominations are in accordance with GeoPark's advance notice bylaw and follow Parex's previous proposal to acquire GeoPark in late 2025 [2]. Group 2: Director Nominees - The nominated candidates include: - Jim Davidson, former co-founder and CEO of FirstEnergy Capital Corp [5][7]. - David French, former Partner at McKinsey & Company and former CEO of Obsidian Energy and Bankers Petroleum [6][7]. - Matthew Rees, former CEO of Vesta Energy [10][15]. - Michael Stewart, former Director at TC Energy and Bonterra Energy [11][15]. - Walter Vrataric, current VP at Woodcote Oil & Gas and former CEO of Chinook Energy [12][15]. - Ian Weatherdon, former CFO of Gulf Keystone Petroleum [13][15]. Group 3: Experience and Qualifications of Nominees - Jim Davidson has over 30 years of experience in the energy sector and has been recognized with multiple awards, including a Lifetime Achievement Award by the Oil & Gas Council [8]. - David French has over 30 years of experience in oil & gas and advisory sectors, holding an MBA from Harvard Business School [6][9]. - Matthew Rees has over 25 years of experience in the energy sector, with significant roles in Latin America [15]. - Michael Stewart has over 50 years of experience serving on boards of public companies [15]. - Walter Vrataric has more than 30 years of experience in the energy sector, currently serving as VP at Woodcote Oil & Gas [15]. - Ian Weatherdon has over 35 years of international oil & gas experience, including roles in CFO positions [15]. Group 4: Advisory and Legal Support - Parex has engaged Scotiabank as its financial advisor and several law firms for legal counsel, including Paul, Weiss, Rifkind, Wharton & Garrison LLP and Norton Rose Fulbright Canada LLP [4].

Core Viewpoint - A coalition of Starbucks investors is intensifying pressure on the company's board regarding ongoing labor issues, urging votes against the reelection of key board members due to perceived failures in labor relations oversight [2][5][6] Labor Relations and Unionization - Starbucks baristas began unionizing in late 2021, but as of now, the company has not reached its first collective bargaining agreement despite multiple strikes and political support [3] - Starbucks Workers United claims to represent over 12,000 baristas across more than 600 locations, although a company spokesperson indicated that the union represents closer to 550 stores, or less than 5% of its company-owned locations [3] - The company has faced over 700 charges of labor rights violations filed with the National Labor Relations Board, marking a significant historical high [7] Investor Concerns - Investors, including notable funds and officials, argue that the board has retreated from its commitments to improve labor relations, which they believe is inconsistent with the company's turnaround strategy [5][6][12] - The investor coalition highlights a lack of transparency and engagement from the board, noting a decline in shareholder interactions related to labor oversight matters [15] Financial and Legal Implications - Starbucks has faced a $38.9 million settlement over alleged violations of the Fair Workweek Law, affecting over 15,000 workers, which is noted as the largest labor law settlement in New York City's history [9] - Since January 2025, workers have filed more than 125 unfair labor practice charges, including allegations of retaliatory firings and failure to bargain in good faith [8] Governance and Oversight Changes - The board's decision to eliminate the Environmental, Partner, and Community Impact (EPCI) Committee, which was responsible for overseeing labor relations, has raised concerns among investors about the board's commitment to labor oversight [11][12] - The abrupt governance changes have led to questions regarding the board's accountability for the ongoing labor tensions, particularly for board members who have held significant roles in labor oversight [14]

Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Kennedy-Wilson Holdings for $10.90 per share in a take-private transaction led by CEO William McMorrow and Fairfax Financial Holdings Limited, KW's largest shareholder [1][4]. Group 1: Ownership and Sale Details - As of the last annual proxy filed on April 25, 2025, McMorrow owned 8.5% and Fairfax owned 19.9% of KW's outstanding common stock [2]. - The sale price represents a modest premium over KW's closing price of $9.89 per share on February 13, 2026, and is below the price target of $11.00 per share set by J.P. Morgan analyst Anthony Paolone on December 18, 2025 [3]. Group 2: Investigation Focus - The investigation will assess whether the Special Committee acted in the best interests of KW shareholders, including the independence of its members, the fairness of the sale price, and the completeness of information disclosed regarding the transaction [4].

Core Viewpoint - Kaskela Law LLC has initiated an investigation on behalf of Houlihan Lokey, Inc. shareholders to assess potential violations of securities laws or breaches of fiduciary duties by the company and its officers in relation to recent corporate actions [1]. Group 1 - The investigation is focused on determining whether Houlihan Lokey and its leadership acted inappropriately concerning the interests of investors [1]. - Shareholders of Houlihan Lokey are encouraged to reach out to Kaskela Law LLC for more information regarding their legal rights and options [2]. - Kaskela Law LLC specializes in representing investors in cases of securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis [2].

Core Viewpoint - Keurig Dr Pepper (KDP) is enhancing its Board of Directors by appointing two independent directors and restructuring its governance committees to support its transformation and upcoming separation into two independent companies, "Beverage Co." and "Global Coffee Co." [1] Group 1: Board Changes - Effective March 2, 2026, Amie Thuener and William "Bill" Newlands will join KDP's Board as independent directors [1] - The existing Remuneration & Nominating Committee will be split into two new committees: Nominating & Governance and Compensation Committees [1] Group 2: Directors' Backgrounds - Amie Thuener has 30 years of finance and accounting experience, currently serving as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet [1] - Bill Newlands brings over 40 years of experience in the beverage alcohol and consumer packaged goods industries, having served as President and CEO of Constellation Brands for over seven years [1] Group 3: Company Overview - KDP is a leading beverage company in North America with annual revenue exceeding $15 billion and a portfolio of over 125 brands [1] - The company holds leadership positions in various beverage categories, including carbonated soft drinks, coffee, tea, and water, and is known for its single-serve coffee brewing systems [1]