Nov 28, 2023 | Investigations
Applied Materials Investors Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Applied Materials, Inc. (“Applied Materials”) (NASDAQ: AMAT) failed to manage Applied Materials in an acceptable manner, in breach of their fiduciary duties to Applied Materials, and whether Applied Materials and its shareholders have suffered damages as a result.
On November 16, 2023, Reuters reported that Applied Materials was “. . . under U.S. criminal investigation for potentially evading export restrictions on China’s top chipmaker SMIC, according to three people familiar with the matter.”
INVESTORS OF APPLIED MATERIALS STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
According to Reuters, “[t]he largest U.S. semiconductor equipment maker is being probed by the Justice Department for sending equipment to SMIC via South Korea without export licenses, the sources said. Hundreds of millions of dollars of equipment is involved, one of the people said.”
Reuters also reported that “Santa Clara, California-based Applied Materials said . . . it first disclosed in October 2022 that it had received a subpoena from the U.S. Attorney’s Office in Massachusetts for information on certain China customer shipments.”
SHAREHOLDERS OF APPLIED MATERIALS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE APPLIED MATERIALS INVESTIGATION.
Nov 28, 2023 | Blog, Shareholder Investigations
Investors of Planet Fitness Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Planet Fitness, Inc. (“Planet Fitness”) (NYSE: PLNT) failed to manage Planet Fitness in an acceptable manner, in breach of their fiduciary duties to Planet Fitness, and whether Planet Fitness and its shareholders have suffered damages as a result.
On October 25, 2023, Insider reported that “Insider spoke with six former Planet Fitness employees. Some former staffers pointed to drinking in the office and Rondeau asking company staff to withdraw thousands from Rondeau’s personal accounts to pay for cash-fueled weekend getaways — even after a lawsuit claimed Planet Fitness suffered from a ‘debaucherous’ alcohol-fueled environment — as red flags.”
INVESTORS OF PLANET FITNESS STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
PLANET FITNESS SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE PLANET FITNESS INVESTIGATION.
Nov 7, 2023 | Blog, Shareholder Investigations
Investors of Ventyx Biosciences Stock Encouraged to Contact Kehoe Law Firm, P.C.
VTYX Stock Drops Significantly After Company Reports Termination Of Psoriasis Treatment Study
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Ventyx Biosciences, Inc. (“Ventyx” or “Ventyx Biosciences”) (NASDAQ: VTYX).
INVESTORS OF VENTYX BIOSCIENCES STOCK WHO HAVE SUFFERED FINANCIAL LOSSES ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.
On November 7, 2023, Investor’s Business Daily reported that “Ventyx Biosciences . . . scrapped a psoriasis drug that didn’t pass muster in Phase 2 testing on Tuesday, sending VTYX stock crashing more than 80%.”
SHAREHOLDERS OF VENTYX WHO HAVE SUFFERED FINANCIAL LOSSES ARE ALSO ENCOURAGED TO CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], [email protected], TO LEARN MORE ABOUT THE VENTYX SECURITIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Nov 1, 2023 | Blog, Shareholder Investigations
Investors of Eargo, Inc. Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether the proposed acquisition of Eargo, Inc. (“Eargo”) (NASDAQ: EAR) by an affiliate of controlling shareholder Patient Square Capital in an all-cash transaction for $2.55 per share is fair to Eargo shareholders.
Among other things, the investigation concerns the deal price, which is well below the 52-week average share price; whether Eargo’s board of directors had appropriate deal protections in place to ensure a fair acquisition; and whether Eargo’s board of directors breached their fiduciary duties in connection with the proposed merger.
INVESTORS OF EARGO STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.
SHAREHOLDERS OF EARGO STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE EARGO MERGER INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Oct 24, 2023 | Blog, Shareholder Investigations
Investors of eBay Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of eBay Inc. (“eBay”) (NASDAQ: EBAY) breached their fiduciary duties to eBay and its shareholders and whether investors of eBay stock suffered damages as a result.
INVESTORS OF EBAY STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.
On September 27, 2023, the U.S. Department of Justice (“DOJ”), on behalf of the U.S. Environmental Protection Agency (“EPA”), filed a complaint against eBay for unlawfully selling and distributing hundreds of thousands of products in violation of several federal statutes, including the Clean Air Act (“CAA”), the Federal Insecticide, Fungicide, and Rodenticide Act (“FIFRA”), and the Toxic Substances Control Act (“TSCA”).
According to the DOJ, “[t]he complaint alleges that eBay sold, offered for sale or caused the sale of more than 343,000 aftermarket defeat devices, which defeat motor vehicle emission controls, a violation of the CAA. Aftermarket defeat devices significantly increase pollution emissions – including carbon monoxide, nitrogen oxides, particulate matter and nonmethane hydrocarbons – that harm public health and impede efforts by the EPA, states, Tribes and local agencies to plan for and attain air quality standards.”
The complaint, according to the DOJ, “. . . also alleges that eBay has violated FIFRA by unlawfully distributing or selling at least 23,000 unregistered, misbranded or restricted-use pesticide products, even in violation of a stop sale order EPA issued to eBay in 2020 and amended in 2021. Examples include a high toxicity insecticide banned in the United States, restricted use pesticides that only certified applicators may apply and products fraudulently claiming to protect users against the SARS-CoV-2 virus.”
Additionally, the complaint, according to the DOJ, “. . . alleges that eBay has distributed over 5,600 items in violation of the TSCA Methylene Chloride Rule. The rule prohibits retailers from distributing in commerce products that contain methylene chloride for paint and coating removal to prevent unreasonable risks, including death, presented by these types of products.”
INVESTORS OF EBAY ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE EBAY INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
