Jun 7, 2023 | Blog, Shareholder Investigations
Investors of Goldman Sachs 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 The Goldman Sachs Group, Inc. (“Goldman Sachs”) (NYSE: GS) breached their fiduciary duties to Goldman Sachs and its shareholders.
CURRENT INVESTORS OF GOLDMAN SACHS STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On May 8, 2023, Goldman Sachs announced that it had agreed to pay $215 million to settle a class action lawsuit alleging widespread bias against women in pay and promotions.
SHAREHOLDERS OF GOLDMAN SACHS 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.
Jun 1, 2023 | Blog, Shareholder Investigations
Investors of DZS Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of DZS Inc. (“DZS”) (NASDAQ: DZSI).
On June 1, 2023, DZS reported that “. . . it will restate its previously issued financial statements for the first quarter of 2023, which ended March 31, 2023. The restatement relates to timing of revenue recognition with respect to two customer projects. The value of the revenue to be restated is approximately $15 million, of which the company anticipates the majority will be recognized during the second and third quarters of 2023.”
Shares of DZS were down significantly during intraday trading on June 1, 2023.
May 18, 2023 | Blog, Shareholder Investigations
Investors of Bowlero Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Bowlero Corp. (“Bowlero” or the “Company”) (NYSE: BOWL).
INVESTORS OF BOWLERO STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
Bowlero recently reported that it “. . . did not design and maintain effective controls over certain financial reporting processes, including acquisition accounting, accounting for fixed assets, and certain financial reporting disclosures.”
The Company also stated that it “. . . did not design and maintain effective controls over system access controls to establish segregation of duties for those with roles and responsibilities for the general ledger.”
Shares of Bowlero stock were down more than 16% during intraday trading on May 18, 2023.
SHAREHOLDERS OF BOWLERO STOCK ARE ALSO ENCOURAGED TO CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
May 18, 2023 | Blog, Shareholder Investigations
Investors of eMagin Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether the sale of eMagin Corporation (“eMagin”) (NYSE: EMAN) to Samsung Display Co., Ltd. for $2.08 per share in cash is fair to eMagin shareholders.
INVESTORS OF eMAGIN STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
SHAREHOLDERS OF eMAGIN 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.
May 17, 2023 | Blog, Shareholder Investigations
Investors of Diversified Healthcare Trust Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating the fairness of the proposed acquisition of Diversified Healthcare Trust (“Diversified Healthcare,” “DHC”) (NASDAQ: DHC) by Office Properties Income Trust (“OPI”).
The RMR Group LLC manages both DHC and OPI. Pursuant to the terms of the merger agreement, Diversified Healthcare stockholders will receive 0.147 shares of OPI stock for each common DHC share.
Based on OPI’s closing price on May 15, 2023 of $6.04 per share, the transaction only values DHC’s common stock at $0.88788 per share. In contrast, on March 13, 2023, DHC’s stock closed at $1.47 per share, and its 52-week high is $2.37 per share (over two and a half times the transaction price).
INVESTORS OF DIVERSIFIED HEALTHCARE ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR DHC STOCK.
SHAREHOLDERS OF DIVERSIFIED HEALTHCARE 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.
