Jan 24, 2023 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of FinServ Acquisition Corp. (“FinServ”) (NASDAQ: FSRV), now known as Katapult Holdings, Inc. (“Katapult”) (NASDAQ: KPLT), breached their fiduciary duties to FinServ’s shareholders.
The investigation concerns whether FinServ’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether FinServ’s shareholders suffered damages as a result.
On June 7, 2021, FinServ shareholders of record as of May 11, 2021 approved a merger between FinServ and Katapult.
On August 10, 2021, Katapult announced quarterly financial results, which included disappointing revenue and earnings numbers. Katapult also pulled all future guidance, and Katapult stock has declined significantly since the merger.
INVESTORS OF KATAPULT STOCK WHO HELD FINSERV SHARES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR KATAPULT/FINSERV SECURITIES.
INVESTORS OF KATAPULT HOLDINGS WHO HELD FINSERV STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Jan 10, 2023 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Southwest Airlines Co. (“Southwest Airlines”) (NYSE: LUV) breached their fiduciary duties to Southwest Airlines and its shareholders.
The investigation concerns whether the board of directors or senior management of Southwest Airlines failed to manage Southwest Airlines in an acceptable manner, in breach of their fiduciary duties to Southwest Airlines, and whether Southwest Airlines and its shareholders have suffered damages as a result.
On December 26, 2022, the U.S. Transportation Department announced it was investigating the large number of cancellations of Southwest Airlines’ flights during the holiday travel season.
INVESTORS OF SOUTHWEST AIRLINES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR SOUTHWEST AIRLINES SECURITIES.
SHAREHOLDERS OF SOUTHWEST AIRLINES STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.
Jan 10, 2023 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Wells Fargo & Company (“Wells Fargo”) (NYSE: WFC) breached their fiduciary duties to Wells Fargo and its shareholders.
The investigation concerns whether the board of directors or senior management of Wells Fargo failed to manage Wells Fargo in an acceptable manner, in breach of their fiduciary duties to Wells Fargo, and whether Wells Fargo and its shareholders have suffered damages as a result.
On December 20, 2022, the U.S. Consumer Financial Protection Bureau (“CFPB”) announced it had ordered Wells Fargo to pay $3.7 billion in penalties and consumer payments for charging illegal fees and interest on auto and mortgage loans.
WELLS FARGO INVESTORS ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR WELLS FARGO SECURITIES.
SHAREHOLDERS OF WELLS FARGO STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.
Dec 28, 2022 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether the directors of Weber Inc. (“Weber”) (NYSE: WEBR) breached their fiduciary duties to Weber shareholders in approving a merger with affiliates of BDT Capital Partners, LLC (“BDT Capital”) for inadequate consideration.
The investigation concerns whether Weber’s board of directors failed to maximize the value of Weber for the benefit of Weber’s shareholders in connection with its announced merger with BDT Capital, in breach of their fiduciary duties to BDT Capital’s shareholders, and whether Weber’s shareholders have suffered damages as a result.
On December 11, 2022, Weber entered into an agreement to be bought out by BDT Capital for $8.05 per share in a transaction valued at approximately $3.7 billion.
WEBER INVESTORS ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR TREAN INSURANCE SECURITIES.
WEBER SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.
Dec 28, 2022 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether the directors of Trean Insurance Group, Inc. (“Trean Insurance” or “Trean”) (NASDAQ: TIG) breached their fiduciary duties to the shareholders of Trean Insurance in approving a merger with affiliates of Altaris Capital Partners, LLC (“Altaris Capital”) for inadequate consideration.
The investigation concerns whether the board of directors of Trean Insurance failed to maximize the value of Trean for the benefit of its shareholders in connection with the announced merger with Altaris Capital, in breach of their fiduciary duties to Trean’s shareholders, and whether Trean’s shareholders have suffered financial damages as a result.
On December 15, 2022, Trean Insurance entered into an agreement to be bought out by Altaris for $6.15 per share. The transaction is valued at approximately $316 million.
INVESTORS OF TREAN INSURANCE ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR TREAN INSURANCE SECURITIES.
TREAN INSURANCE SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.
