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Xeer· 2025-07-03 05:38
so you’re telling me @arbitrum amplified @yapyo_arb across multiple tweets, without ever taking the time to understand what the project was actually trying to build with their "mindshare flywheel"?no questions asked, no due diligence, just straight into the content blender for the "ecosystem support"?at least with the rugs on @AbstractChain, the team took 2 seconds to jump on a call with the team to make an assessment. i guess it is crime szn after all. ...
Court Approves $38M Cash Settlement Against Bayer AG in Hard-Fought Securities Class Action
GlobeNewswire News Room· 2025-06-27 19:51
Core Points - A federal judge in California granted preliminary approval for a $38 million cash settlement between several pension funds and Bayer AG to resolve a securities class action lawsuit [1] - The lawsuit, originally filed in 2020, relates to Bayer's acquisition of Monsanto in 2018 and allegations of misleading statements regarding the risks associated with Roundup, a glyphosate-based herbicide [2] - The settlement aims to provide closure to a significant case concerning the adequacy of disclosures in corporate mergers and reaffirms the rights of investors purchasing American Depositary Receipts (ADRs) under U.S. securities laws [3] Legal Proceedings - The case has involved nearly five years of litigation, with a focus on the transparency of disclosures related to due diligence in high-profile mergers [3] - In May 2023, the court granted class certification, appointing specific pension funds as class representatives and affirming the rights of ADR purchasers in the over-the-counter market [5] - The discovery process was complex, requiring international cooperation and legal proceedings under the Hague Convention to obtain testimony from Bayer's former general counsel in Germany [6] Implications for Investors - The settlement is seen as a significant resolution for investors in publicly traded foreign companies, ensuring accountability under U.S. securities laws [4] - The case highlights the enforceable rights of ADR investors, particularly in light of the court's ruling on the extraterritoriality issue [5]
Exxon Mobil CEO: EU's CSDDD is some of the worst legislation I've seen passed anywhere
CNBC Television· 2025-06-27 13:08
plans. com now. >> All right welcome back everybody.Joining us right now for an exclusive interview to discuss all things energy and oil is Darren Woods. He's ExxonMobil's chairman and CEO. And Darren I want to thank you for being with us this morning.Good to see you. It's good to see you, too. We've been watching so closely what's been happening with oil prices. And we've seen a real rapid rise and then drop off again after what's been happening in the Middle East.Crude oil back at $65 a barrel. But it got ...
SITE Centers: Reallocate Your Capital
Seeking Alpha· 2025-06-09 13:23
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. A Buy, Sell, or Hold rating in this article does not constitute a Buy, Sell, or Hold recommendation. A ...
Mondelēz International Scales Up Due Diligence and Sector Collaboration to Promote Human Rights; Releases Annual 2024 Progress Report
Globenewswire· 2025-06-04 20:08
Core Insights - Mondelēz International, Inc. released its 2024 Human Rights Due Diligence and Modern Slavery Report, highlighting progress in addressing human rights and modern slavery risks across its operations and value chain [1] - The company emphasizes the importance of human rights due diligence as part of its "Snacking Made Right" mission, focusing on meaningful partnerships and a culture of care and integrity [2] Human Rights Due Diligence Efforts - Mondelēz International is enhancing its human rights due diligence (HRDD) across its operations and supplier network, with a focus on prioritized ingredients like cocoa [3] - The Cocoa Life program aims to make cocoa farming more profitable, protect forests, and empower local communities, including initiatives for women's empowerment and entrepreneurship [3] Sector Collaboration - The company is investing approximately $3 million from 2022 to 2026 in the Child Learning and Education Facility (CLEF) to combat child labor in the West African cocoa supply chain, targeting over 4 million children [4] - A new public-private partnership, the System Change Architecture for Learning Excellence (SCALE), is being supported with an investment of around $1 million over the next four years to improve education quality in Ghana [5] Audit and Training Statistics - Approximately 96% of owned manufacturing sites and 98% of prioritized suppliers have undergone third-party SMETA audits in the past three years [6][7] - Since the launch of its Human Rights Policy in 2021, the company has trained over 50,000 employees on human rights issues, including 7,000 in manufacturing and logistics [7] Child Labor Monitoring - By the end of 2024, about 89% of Cocoa Life communities in West Africa, representing approximately 2,480 communities, will be covered by the Child Labor Monitoring & Remediation System (CLMRS) [7] - The company aims to cover all West African Cocoa Life communities with a CLMRS by the end of 2025, having conducted over 240,000 interviews to prevent child labor [7] Broader Human Rights Initiatives - Mondelēz International is committed to respecting human rights throughout its value chain, guided by the United Nations Guiding Principles on Business and Human Rights (UNGPs) [8] - The company collaborates with various industry coalitions to enhance its human rights efforts, including partnerships to combat child labor and improve education in cocoa-producing regions [10]
Trump Media: Bitcoin Over Business
Seeking Alpha· 2025-05-28 17:17
Group 1 - The author has been active in the markets for several years, focusing primarily on long/short equities [1] - The author holds a Bachelor of Science Degree in Finance and Accounting, with a minor in History, and has experience managing investment portfolios [1] - The author has completed internships at a large bank and in managing a university endowment [1] Group 2 - The article emphasizes the importance of conducting due diligence before making any investment decisions [3] - It is advised that investors consider seeking advice from a broker or financial adviser [3] - The article states that past performance is not a guarantee of future results, and no specific investment recommendations are provided [4]