BALA CYNWYD, Pa., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. 89bio, Inc. (Nasdaq - ETNB) Under the terms of the Merger Agreement, 89bio will be acquired by Roche (SIX: RO, ROG; OTCQX: RHHBY) for $14.50 per share in cash, plus a non-tra ...

Core Viewpoint - The Ademi Firm is investigating GMS Inc. for potential breaches of fiduciary duty and other legal violations related to its transaction with Home Depot, focusing on whether shareholders are receiving a fair price for their shares [1][3]. Group 1: Transaction Details - In the tender offer transaction, GMS shareholders will receive $110 per share, which reflects a total equity value of approximately $4.3 billion and implies a total enterprise value of around $5.5 billion [2]. - GMS insiders are set to receive substantial benefits as part of the change of control arrangements [2]. Group 2: Investigation Focus - The transaction agreement imposes significant penalties on GMS if it accepts competing bids, which raises concerns about the board's fulfillment of fiduciary duties to all shareholders [3]. - The Ademi Firm specializes in shareholder litigation involving buyouts, mergers, and individual shareholder rights, indicating a focus on protecting shareholder interests [3].

Group 1 - The wealth-management company has a fiduciary duty primarily to the client, in this case, the ex-husband, and not to the spouse [5][6] - In Michigan, retirement accounts can be considered marital property and are subject to equitable distribution during divorce proceedings [7][8] - The wealth manager's obligation to inform the spouse may depend on whether both parties were clients of the same adviser or if there were any legal restrictions in place at the time of the transaction [6][7] Group 2 - The legal framework in Michigan allows for the possibility of asset dissipation claims, but the success of such claims may vary based on specific circumstances [3][7] - The distinction between being "swindled" and "hoodwinked" can affect the recourse available to the affected party [3]

Core Viewpoint - Meta's CEO Mark Zuckerberg is facing a high-stakes trial regarding the company's $8 billion expenditure to settle privacy violation lawsuits, with shareholders seeking to hold him and other executives accountable for alleged fiduciary duty violations [1][2][15]. Group 1: Lawsuit Details - The lawsuit is a shareholder derivative action, allowing investors to sue executives on behalf of the company for failing in their fiduciary duties [4]. - Shareholders claim that Zuckerberg, former COO Sheryl Sandberg, and former VP Konstantinos Papamiltiadis intentionally failed to comply with a 2012 Federal Trade Commission (FTC) consent order aimed at protecting user privacy [2][12]. - The Cambridge Analytica scandal, where data from up to 87 million Facebook users was improperly harvested, is cited as a significant failure that resulted from this negligence [3][13]. Group 2: Regulatory Scrutiny - Meta is under regulatory scrutiny for allegedly abusing its monopolistic power, which has raised concerns about its competitive practices in the marketplace [5]. - The case will further investigate Meta's handling of user privacy and decision-making leading up to the Cambridge Analytica breach [7]. Group 3: Witnesses and Testimonies - The trial will involve testimonies from notable figures, including Netflix co-founder Reed Hastings and venture capitalist Marc Andreessen, among others [8][7]. - Shareholders argue that the defendants ignored multiple "red flags" prior to the Cambridge Analytica scandal, indicating a lack of action on their part [8]. Group 4: Financial Implications - The lawsuit highlights Meta's 2019 settlement with the FTC for $5 billion, which shareholders argue was approved despite evidence of noncompliance with the consent order [9][12]. - The total amount spent by Meta to resolve claims related to user data safeguarding is reported to be over $8 billion [15].

Core Viewpoint - Kaskela Law LLC is investigating potential breach of fiduciary duty claims against Paycom Software, Inc. on behalf of long-term shareholders due to alleged securities fraud and misleading statements made by the company and its executives [1][2][5]. Financial Performance - Paycom reported disappointing financial results for Q2 2023, with the CFO indicating expected weakness in future revenue due to undisclosed negative impacts from the Beti product, leading to a nearly 20% decline in stock value [3]. - Following further disclosures on October 31, 2023, regarding strategic decisions that would result in a dramatic deceleration of revenue growth, Paycom's stock fell over 38% [4]. Legal Investigation - The investigation aims to determine if Paycom's board members violated securities laws or breached fiduciary duties related to the alleged misconduct [5]. - Current shareholders who have owned Paycom shares since at least January 1, 2023, are encouraged to contact Kaskela Law LLC for information regarding their legal rights [5].