Feb 2, 2023 | Blog, Shareholder Investigations
Investors of Endeavor Group Holdings Who Have Held Their Stock Since At Least January 8, 2023 Encouraged to Contact Kehoe Law Firm, P.C. – Breach of Fiduciary Duties Investigation
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Endeavor Group Holdings, Inc. (“Endeavor Group” or “Endeavor”) (NYSE: EDR) breached their fiduciary duties to Endeavor and its shareholders.
The investigation concerns whether members of the board of directors or senior management of Endeavor Group failed to manage Endeavor Holdings in an acceptable manner, in breach of their fiduciary duties to Endeavor, and whether Endeavor and its shareholders have suffered damages as a result.
On January 9, 2023, the California Legislative Women’s Caucus wrote a letter to the CEO of Endeavor Group, calling on Endeavor to remove Dana White as president of the Ultimate Fighting Championship (“UFC”), a mixed martial arts (“MMA”) promotion company, after video surfaced of White striking his wife with a closed fist at a New Year’s Eve celebration.
INVESTORS OF ENDEAVOR GROUP WHO HAVE HELD THEIR EDR STOCK SINCE AT LEAST JANUARY 8, 2023 ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR SECURITIES.
SHAREHOLDERS OF ENDEAVOR GROUP WHO HAVE HELD THEIR EDR STOCK SINCE AT LEAST JANUARY 8, 2023 ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Feb 1, 2023 | Blog, Shareholder Investigations
Current Investors of Goodyear Stock Encouraged to Contact Kehoe Law Firm, P.C. – Breach of Fiduciary Duties Investigation
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Goodyear Tire & Rubber Co. (“Goodyear”) (NASDAQ: GT) breached their fiduciary duties to Goodyear and its shareholders.
The investigation concerns, among other things, whether members of Goodyear’s board of directors or senior management failed to manage Goodyear in an acceptable manner, in breach of their fiduciary duties to Goodyear, and whether Goodyear and its shareholders have suffered damages as a result.
On January 25, 2023, The Wall Street Journal reported that the U.S. Department of Justice was investigating Goodyear for its handling of a recalled tire linked to several deaths and dozens of injuries.
CURRENT INVESTORS OF GOODYEAR STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR GT STOCK.
CURRENT SHAREHOLDERS OF GOODYEAR STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Feb 1, 2023 | Blog, Shareholder Investigations
Investors of Credit Acceptance Stock Since At Least January 1, 2023 Encouraged to Contact Kehoe Law Firm, P.C. – Breach of Fiduciary Duties Investigation
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Credit Acceptance Corporation (“Credit Acceptance”) (NASDAQ: CACC) breached their fiduciary duties to Credit Acceptance and its shareholders.
The investigation concerns whether members of Credit Acceptance’s board of directors or senior management failed to manage Credit Acceptance in an acceptable manner, in breach of their fiduciary duties to Credit Acceptance, and whether Credit Acceptance and its shareholders have suffered damages as a result.
On January 4, 2023, the Consumer Financial Protection Bureau and the New York Attorney General filed a lawsuit against Credit Acceptance, accusing Credit Acceptance of luring consumers into unaffordable loans and then repackaging those loans into securities, dumping the resulting notes on unsuspecting investors.
INVESTORS OF CREDIT ACCEPTANCE STOCK SINCE AT LEAST JANUARY 1, 2023 ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR CACC SECURITIES.
SHAREHOLDERS OF CREDIT ACCEPTANCE WHO HAVE HELD THEIR STOCK SINCE AT LEAST JANUARY 1, 2023 ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Jan 25, 2023 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of CF Finance Acquisition Corp. II (“CF Finance II”) (NASDAQ: CFII), now known as View, Inc. (“View”) (NASDAQ: VIEW), breached their fiduciary duties to CF Finance’s shareholders.
The investigation concerns whether CF Finance II’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether CF Finance II’s shareholders suffered damages as a result.
-On March 5, 2021, CF Finance II shareholders of record as of January 27, 2021 approved a merger between CF Finance II and View. In the months following the merger, negative information repeatedly emerged about the operations at View, including:
-On August 8, 2021, View announced that its Audit Committee had retained outside legal counsel and accounting advisors to investigate the company’s prior financial statements.
-On November 9, 2021, View announced that the Audit Committee’s investigation was “substantially complete” and had determined that “previously reported liabilities associated with all warranty-related obligations and the cost of revenue associated with the recognition of those liabilities were materially misstated,” requiring View to restate previously issued financial statements.
-In connection with these findings, View further disclosed that its Chief Financial Officer had resigned.
-On May 10, 2022, barely one year after the merger, View disclosed that it “anticipates that it will be disclosing substantial doubt about the Company’s ability to continue as a going concern, as the Company does not currently have adequate financial resources to fund its forecasted operating costs and meet its obligations for at least twelve months from the expected issuance date of its 2021 financial results.”
These developments contrast with statements CF Finance II made in support of the merger, and the View stock price has declined significantly since the merger.
VIEW STOCK INVESTORS WHO HELD CF FINANCE II SHARES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR VIEW/CF FINANCE II SECURITIES.
VIEW SHAREHOLDERS WHO HELD CF FINANCE II STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Jan 25, 2023 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Fifth Wall Acquisition Corp. I (“Fifth Wall”) (NASDAQ: FWAA), now known as SmartRent, Inc. (“SmartRent”) (NYSE: SMRT), breached their fiduciary duties to Fifth Wall’s shareholders.
The investigation concerns whether Fifth Wall’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether Fifth Wall’s shareholders suffered damages as a result.
On August 23, 2021, Fifth Wall shareholders of record as of July 27, 2021 approved a merger between Fifth Wall and SmartRent.
On November 10, 2021, SmartRent announced its third quarter results and revised guidance downward for the remainder of 2021 from $119 million down to a range of $100 to $105 million. The company also reported negative quarterly adjusted EBITDA of $16.1 million and an overall quarterly loss from operations of $26 million.
On this news, the stock dropped below $10 per share, and the stock has declined significantly since the merger.
INVESTORS OF SMARTRENT STOCK WHO HELD FIFTH WALL SHARES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR SMARTRENT/FIFTH WALL SECURITIES.
SMARTRENT SHAREHOLDERS WHO HELD FIFTH WALL STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
