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GDEN Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Golden Entertainment, Inc. is Fair to Shareholders
Businesswire· 2025-11-06 16:31
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Golden Entertainment, Inc.'s operating assets and casino real estate assets to ensure that shareholders receive adequate consideration for their shares [1][3]. Group 1: Transaction Details - Golden shareholders will receive a fixed exchange ratio of 0.902 shares of VICI common stock and $2.75 from Blake Sartini for each share of Golden [1]. - The investigation focuses on whether the buyers are underpaying for Golden's assets and if the board of directors has fulfilled their fiduciary duties [3]. Group 2: Legal Rights and Options - Halper Sadeh LLC encourages Golden shareholders to contact them to learn about their legal rights and options regarding the proposed transaction [2][4]. - The firm may seek increased consideration for shareholders and additional disclosures related to the transaction [4].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Quanex Building Products
Businesswire· 2025-11-06 16:19
Core Insights - Faruqi & Faruqi, LLP is investigating potential securities law violations at Quanex Building Products Corporation following significant financial losses reported by the company [2][3][4] Financial Performance - Quanex reported a diluted EPS of ($6.04) for Q3 FY2025, a substantial decline from $0.77 in the same period last year [3] - The company disclosed operational issues at its Tyman Mexico hardware business, which negatively impacted EBITDA by nearly $5 million in Q3 [4] - Adjusted EBITDA for the quarter was reported at $70.30 million, with the company adjusting for lower expected volumes and delaying procurement savings from Tyman integration [3][4] Stock Market Reaction - Following the earnings announcement, Quanex's stock price fell by $2.73, or 13.1%, closing at $18.18 per share on September 5, 2025, with unusually high trading volume [4] - The stock continued to decline on September 8, 2025, dropping an additional $1.98, or 10.9%, to close at $16.20 per share [4]
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at KBR
Businesswire· 2025-11-06 16:03
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential securities law violations at KBR, Inc. following a significant drop in its stock price after the announcement of the termination of a contract by HomeSafe Alliance [2][3]. Group 1: Investigation Details - The investigation is being led by Faruqi & Faruqi, a national securities law firm known for recovering hundreds of millions of dollars for investors since its establishment in 1995 [2]. - Investors who suffered losses in KBR are encouraged to contact the firm to discuss their legal options [1][4]. Group 2: Stock Price Impact - On June 20, 2025, KBR's stock price fell by $3.85 per share, a decrease of 7.29%, closing at $48.93 following the contract termination announcement [3]. - The decline continued on June 23, 2025, with an additional drop of $1.30 per share (2.65%), closing at $47.63 [3].
FRGE Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Forge Global Holdings, Inc. is Fair to Shareholders
Businesswire· 2025-11-06 14:39
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Forge Global Holdings, Inc. to The Charles Schwab Corporation for $45.00 per share in cash, raising concerns about whether shareholders are receiving adequate value for their shares [1][3]. Group 1: Investigation Details - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by Forge and its board, including failure to secure the best possible consideration for shareholders and not disclosing all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other benefits related to the proposed transaction [4]. Group 2: Legal Rights and Contact Information - Forge shareholders are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options regarding the sale [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].
AVTR DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Avantor
Businesswire· 2025-10-30 22:03
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Avantor, Inc. due to allegations of misleading statements regarding the company's competitive position and performance, which have led to significant investor losses [2][4]. Group 1: Allegations and Misleading Statements - The complaint alleges that Avantor and its executives violated federal securities laws by making false and misleading statements about the company's competitive positioning and failing to disclose the negative impacts of increased competition [4]. - During an earnings call on July 26, 2024, the then CEO Michael Stubblefield assured investors of Avantor's strong competitive position, despite evidence suggesting otherwise [5]. - The company downplayed the effects of increased competition, claiming competitive advantages that were later proven to be overstated [5]. Group 2: Financial Performance and Stock Impact - On April 25, 2025, Avantor reported disappointing Q1 2025 results, cutting its guidance and attributing weak performance to increased competitive intensity, resulting in a stock price drop of over 16.5% [6]. - The company further reported a year-over-year decrease in net sales on August 1, 2025, and projected organic revenue growth of -2% to 0%, leading to another stock decline of more than 15% [7][8]. - In Q3 2025, Avantor reported a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million, which was attributed to competitive pressures, causing the stock to drop over 23% [9][10].
FSUN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of FirstSun Capital Bancorp Is Fair to Shareholders
Businesswire· 2025-10-28 11:40
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between FirstSun Capital Bancorp and First Foundation Inc. for FirstSun shareholders, who will own 59.5% of the combined entity upon completion of the transaction [1]. Group 1: Investigation Details - The investigation focuses on whether FirstSun and its board violated federal securities laws or breached fiduciary duties by not obtaining the best possible consideration for shareholders and failing to disclose all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [4]. Group 2: Legal Rights and Contact Information - FirstSun shareholders are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options regarding the merger [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].
SOHO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Sotherly Hotels Inc. Is Fair to Shareholders
Businesswire· 2025-10-27 21:02
Oct 27, 2025 5:02 PM Eastern Daylight TimeSOHO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Sotherly Hotels Inc. Is Fair to ShareholdersShareShareholders should contact the firm immediately as there may be limited time to enforce your rights.NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Sotherly Hotels Inc. (NASDAQ: SOHO) to KW Kingfisher LLC for $2.25 per share in cash is fair to Sotherly shareholders.Halper Sadeh encour ...
SandRidge Mississippian Trust I Announces Resolution of Litigation Against the Trust; Final Distribution to Trust Unitholders to be Made in November 2025
Businesswire· 2025-10-27 18:10
Core Points - SandRidge Mississippian Trust I has resolved its litigation against the Trust, concluding the Securities Litigation without any appeals filed by the deadline of October 14, 2025 [1][11] - The Trust announced a final distribution of $5,735,127, equating to $0.2048 per unit, which will be distributed to unitholders on or before November 14, 2025 [2][7] - Following the final distribution, the Trust units will be removed from trading and cancelled, with the Trust remaining in existence until the filing of a certificate of cancellation in Delaware [4] Financial Summary - The distributable income was calculated as follows: - Cash and cash equivalents at June 30, 2021: $7,899,785 - Trust administrative expenses (July 1, 2021 – September 30, 2025): $(2,550,141) - Interest earned (July 1, 2021 – September 30, 2025): $935,484 - Provision for remaining winding-up expenses of the Trust: $(550,000) - Total distributable income available to unitholders: $5,735,128 [6] - The final distribution will be applicable to unitholders of record as of November 7, 2025, with the ex-date to be determined by FINRA [3] Trust Operations - The Trust owned royalty interests in oil and natural gas properties, receiving proceeds from production until April 1, 2021, with distributions fluctuating based on production volumes and prices [5] - The Trust has gradually increased cash reserves for potential liabilities, withholding a total of approximately $425,000 over the years [7]
Halper Sadeh LLC Encourages Axsome Therapeutics, Inc. Shareholders to Contact the Firm to Discuss Their Rights
Businesswire· 2025-10-24 15:20
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Axsome Therapeutics, Inc. (NASDAQ: AXSM), urging shareholders to contact the firm to discuss their rights [1][2]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of Axsome may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [2][3]. - Shareholder involvement is emphasized as a means to improve company policies and enhance shareholder value through better management and accountability [3]. Group 2: Firm's Background and Services - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].
Halper Sadeh LLC Encourages Luminar Technologies, Inc. Shareholders to Contact the Firm to Discuss Their Rights
Businesswire· 2025-10-24 15:10
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Luminar Technologies, Inc., urging shareholders to contact the firm to discuss their rights and possible legal actions [1][2]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of Luminar may seek corporate governance reforms, the return of funds to the company, court-approved financial incentive awards, or other relief and benefits [2][3]. - Shareholder involvement is emphasized as a means to improve company policies, practices, and oversight mechanisms, ultimately enhancing shareholder value [3]. Group 2: Firm's Background and Services - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].