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Johnson Fistel Investigates Fairness of Proposed Sale of Verint
GlobeNewswire News Room· 2025-08-25 14:04
Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into potential breaches of fiduciary duties by the board members of Verint Systems Inc. regarding the proposed sale to Thoma Bravo, which is perceived to undervalue the company significantly [1][6]. Company Overview - Verint Systems Inc. has entered into a definitive merger agreement with Thoma Bravo, where shareholders will receive $20.50 in cash per share [6]. - The proposed merger price is notably lower than Verint's 52-week high of $34.80 per share, despite positive projections from Wall Street analysts regarding the company's sales and revenue growth [6]. Legal Context - Johnson Fistel, PLLP is a recognized shareholder rights law firm that represents both individual and institutional investors in derivative and class action lawsuits [3]. - The firm has a history of recovering significant amounts for clients, having secured approximately $90.725 million in 2024 for aggrieved clients [4].
GES Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Guess? to Authentic Brands Group
GlobeNewswire News Room· 2025-08-20 17:02
Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Guess?, Inc. to Authentic Brands Group for $16.75 per share, which is significantly lower than its 52-week high of $21.81, indicating a potentially opportunistic acquisition [1][4]. Group 1: Sale Details - Guess? has agreed to be sold for $16.75 per share in cash to Authentic Brands Group [4]. - The sale price is notably below Guess?'s 52-week high of $21.81 per share, raising concerns about the fairness of the transaction [1][4]. Group 2: Shareholder Concerns - Certain existing shareholders, including co-founders and the CEO, will roll over their shares into equity interests in the post-close entity, a benefit not extended to public stockholders [2][5]. - The sale was approved by a Special Committee of the Board, which may have conflicts of interest affecting its members [3][6]. Group 3: Investigation Focus - The investigation by Wohl & Fruchter LLP aims to determine if the Special Committee acted in the best interests of Guess? shareholders, including the independence of its members and the fairness of the sale price [7].
WOW Shareholders Should Contact Shareholder Rights Firm Julie & Holleman LLP Regarding Potential Legal Claims Over Unfair Merger
GlobeNewswire News Room· 2025-08-18 12:55
Core Viewpoint - Julie & Holleman LLP is investigating the proposed acquisition of WideOpenWest, Inc. by Crestview Partners and DigitalBridge Investments, citing conflicts of interest and a belief that the acquisition price of $5.20 per share is undervalued [1][4]. Company Overview - WideOpenWest, Inc. (WOW!) is a leading broadband provider in the U.S., operating in 20 markets across the Midwest and Southeast [2]. - Wall Street analysts have set an average one-year stock price target of $5.65 per share for WOW!, with a high target of $6.50 per share [2]. Acquisition Details - On August 11, 2025, WOW! announced an agreement to be taken private at a price of $5.20 per share, with Crestview Partners, which owns 37% of WOW!'s stock, partnering with DigitalBridge to acquire the remaining shares [3]. Legal Concerns - Julie & Holleman LLP is pursuing potential legal claims regarding the fairness of the acquisition deal, highlighting concerns over conflicts of interest as key insiders remain with the company while public shareholders are offered a price below the company's true value [4].
VENTURE GLOBAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Venture Global, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-14 23:37
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Venture Global, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors related to the company's initial public offering [1][2] Group 1: Allegations Against Venture Global - The complaint alleges that Venture Global made false and/or misleading statements regarding its ability to deliver liquefied natural gas (LNG) and the development of its five liquefaction and export projects, which depended on customer contracts [2] - It is claimed that Venture Global is facing legal challenges from major clients like BP and Shell due to delays in supply contracts, impacting its business operations [2] - The allegations suggest that Venture Global's business and financial prospects were overstated, potentially misleading investors [2] Group 2: Legal Representation and Contact Information - Bragar Eagel & Squire, P.C. represents individual and institutional investors in complex litigation, including securities and derivative cases [4] - Long-term stockholders of Venture Global are encouraged to contact the firm for more information regarding the claims and their rights [3][6]
GERON (GERN) ALERT: Bragar Eagel & Squire, P.C. is Investigating Geron Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-13 23:52
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Geron Corporation due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][2] Summary by Relevant Sections Class Action Complaint - The complaint was filed on March 14, 2025, covering a Class Period from February 28, 2024, to February 25, 2025 [1] - Allegations include that Geron's management provided misleading information regarding the launch and growth potential of Rytelo (imetelstat) [2] - The complaint claims that the management expressed confidence in addressing the unmet need for the drug while downplaying risks related to monitoring requirements and competition [2] Investigation Details - The investigation focuses on whether Geron's board of directors has breached their fiduciary duties to the company [1] - Long-term stockholders are encouraged to reach out for more information regarding their rights and the ongoing investigation [3] Law Firm Background - Bragar Eagel & Squire, P.C. is a recognized law firm that represents investors in various complex litigations [4]
EDWARDS (EW) ALERT: Bragar Eagel & Squire, P.C. is Investigating Edwards Lifesciences Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-13 23:48
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Edwards Lifesciences Corporation due to a class action complaint related to the company's fiduciary duties and misleading revenue expectations for its TAVR platform [1][2]. Group 1: Legal Investigation - The investigation is focused on long-term stockholders of Edwards who held shares between February 6, 2024, and July 24, 2024, following a class action complaint filed on December 13, 2024 [1]. - The law firm is encouraging affected investors to discuss their legal rights and options [1][5]. Group 2: Financial Performance and Market Reaction - On July 24, 2024, Edwards reported disappointing financial results for Q2 2024, significantly lowering its revenue guidance for the TAVR platform for the full fiscal year [3]. - The company attributed the decline in TAVR performance to increased pressure on hospital workflows from the growth of other structural heart therapies, including its own TMTT [3]. - Following the announcement, Edwards' stock price plummeted from $86.95 to $59.70 per share, marking a decline of approximately 31.34% in one day [4]. Group 3: Company Strategy - During the second quarter, Edwards announced three acquisitions aimed at enhancing treatments alternative to TAVR, indicating a recognition of the potential slowdown in TAVR growth [3].
CUMMINS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Cummins Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-13 23:39
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Cummins (CMI) To Contact Him Directly To Discuss Their Options If you are a long-term stockholder in Cummins between April 30, 2019 and December 21, 2023 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder r ...
WOW Shareholders Unhappy With Merger Should Contact Shareholder Rights Firm Julie & Holleman LLP Regarding Potential Legal Claims
GlobeNewswire News Room· 2025-08-12 13:04
Core Viewpoint - Julie & Holleman LLP is investigating the proposed acquisition of WideOpenWest, Inc. by Crestview Partners and DigitalBridge Investments, citing conflicts of interest and a belief that the acquisition price of $5.20 per share is undervalued [1][4]. Company Overview - WideOpenWest, Inc. (WOW!) is a leading broadband provider in the U.S., operating in 20 markets across the Midwest and Southeast [2]. - Wall Street analysts have set an average one-year stock price target of $5.65 per share for WOW!, with a high target of $6.50 per share [2]. Acquisition Details - On August 11, 2025, WOW! announced an agreement to be taken private at a price of $5.20 per share, with Crestview Partners, which owns 37% of WOW!'s stock, partnering with DigitalBridge to acquire the remaining shares [3]. Legal Concerns - Julie & Holleman LLP is pursuing potential legal claims regarding the fairness of the acquisition deal, highlighting concerns over conflicts of interest as key insiders will remain with the company while public shareholders are being cashed out at a price below the company's true value [4].
Johnson Fistel Investigates Fairness of Proposed Sale of MeridianLink
GlobeNewswire News Room· 2025-08-11 17:25
Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into MeridianLink, Inc. regarding potential breaches of fiduciary duties by its board members in relation to the proposed sale to Centerbridge Partners, which may undervalue the company’s shares [1][6]. Company Overview - MeridianLink has entered into a definitive merger agreement with Centerbridge Partners, where shareholders will receive $20.00 in cash per share [6]. - The proposed merger price is significantly lower than MeridianLink's 52-week high of $25.33 per share, despite positive projections for the company's sales and revenue growth from Wall Street analysts [6]. Legal Context - The investigation by Johnson Fistel is aimed at assessing whether the board's actions in the sale process are in the best interest of shareholders [1]. - Shareholders who believe the deal undervalues their investment are encouraged to participate in the investigation [3]. Firm Background - Johnson Fistel, PLLP is recognized as a leading shareholder rights law firm with a strong track record in securities class action lawsuits, having recovered approximately $90.725 million for clients [4].
Johnson Fistel Investigates Fairness of Proposed Sale of STAAR Surgical
GlobeNewswire News Room· 2025-08-05 18:15
SAN DIEGO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of STAAR Surgical Company (NASDAQ: STAA) breached their fiduciary duties in connection with the proposed sale of the Company to Alcon (NYSE: ALC). Background: On August 5, 2025, STAAR Surgical and Alcon entered into a definitive merger agreement. Under the terms of the agreement, holders of STAAR Surgical’s common stock will receive $28.00 in cash for e ...