Aug 9, 2023 | Blog, Shareholder Investigations
Investors of Albemarle Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Albemarle Corporation (“Albemarle”) (NYSE: ALB) breached their fiduciary duties to Albemarle and its shareholders and whether Albemarle investors suffered damages as a result.
INVESTORS OF ALBEMARLE STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
Albemarle Corp. to Pay SEC More Than $103 Million to Settle FCPA Violations
On September 29, 2023, the SEC ” . . . announced that Charlotte-based Albemarle Corporation, a global specialty chemicals company, agreed to pay more than $103.6 million to settle the SEC’s charges that it violated the anti-bribery, recordkeeping, and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA).”
Further, “[a]ccording to the SEC’s Order, despite significant red flags, Albemarle used agents from at least 2009 through 2017 that paid bribes to obtain sales of refinery catalysts to public-sector oil refineries in Vietnam, India, and Indonesia and to private-sector oil refineries in India. In addition, the Order finds that Albemarle violated the FCPA’s recordkeeping requirements and failed to devise and maintain a sufficient system of internal accounting controls to provide reasonable assurances that payments made to agents in Vietnam, Indonesia, India, China, and the United Arab Emirates were for legitimate services.”
According to the SEC, “. . . [i]n a parallel action, the U.S. Department of Justice announced today it has entered into a non-prosecution agreement in which Albemarle agreed to pay a $99 million criminal fine and to a forfeiture of approximately $98 million, of which $81.8 million will be satisfied by the company’s payment of disgorgement pursuant to the SEC Order.”
ALBEMARLE SHAREHOLDERS 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.
Aug 9, 2023 | Blog, Shareholder Investigations
Current Investors of Salesforce Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Salesforce, Inc. (“Salesforce”) (NYSE: CRM) breached their fiduciary duties to Salesforce and its shareholders and whether Salesforce investors suffered damages as a result.
INVESTORS OF SALESFORCE STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On August 3, 2023, the Seventh Circuit Court of Appeals found that a former sex trafficking victim’s lawsuit against Salesforce stated a claim for facilitating sex trafficking of minors via Backpage.com, Salesforce’s then client.
SALESFORCE INVESTORS 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.
Aug 3, 2023 | Blog, Shareholder Investigations
Investors of Dollar General Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Dollar General Corporation (“Dollar General”) (NYSE: DG) breached their fiduciary duties to Dollar General and its shareholders and whether Dollar General investors suffered damages as a result.
INVESTORS OF DOLLAR GENERAL STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On July 17, 2023, a National Labor Relations Board (NLRB) judge wrote that Dollar General intended to interfere with the rights of Dollar General employees to organize, pursuant to corporate policy. Dollar General has also been investigated by the U.S. Occupational Safety and Health Administration (OSHA) as a “severe violator” for working conditions that endanger its employees.
DOLLAR GENERAL INVESTORS 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.
Jul 28, 2023 | Blog, Shareholder Investigations
Long-Term Investors of BAC Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Bank of America Corporation (“Bank of America”) (NYSE: BAC) breached their fiduciary duties to Bank of America and its shareholders and whether Bank of America and its shareholders have suffered damages as a result.
LONG-TERM INVESTORS OF BANK OF AMERICA STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On July 11, 2023, the Consumer Financial Protection Bureau (CFPB) announced that Bank of America would pay $250 million in fines and restitution to customers for improperly charging extra fees, withholding rewards, and opening unauthorized credit-card accounts.
INVESTORS OF BANK OF AMERICA 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.
Jul 24, 2023 | Blog, Shareholder Investigations
Investors of Sculptor Capital Management Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether the sale of Sculptor Capital Management, Inc. (“Sculptor” or “Sculptor Capital”) (NYSE: SCU) to Rithm Capital Corp. for $11.15 per class A share in cash is fair to Sculptor Capital shareholders.
INVESTORS OF SCULPTOR CAPITAL STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
The investigation concerns potential breaches of fiduciary duty on the part of Sculptor Capital’s officers and directors in connection with Sculptor’s agreement to be acquired by Rithm Capital and whether Rithm Capital is not paying enough for Sculptor Capital.
SHAREHOLDERS OF SCULPTOR CAPITAL 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.
