Invitation Homes Inc. – Breach of Fiduciary Duties Investigation – INVH

Investors of Invitation Homes Inc. Encouraged to Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Invitation Homes Inc. (NYSE: INVH) failed to manage Invitation Homes in an acceptable manner, in breach of their fiduciary duties to Invitation Homes and its shareholders, and whether investors of Invitation Homes stock suffered harm.

INVESTORS OF INVITATION HOMES CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On September 24, 2024, the Federal Trade Commission (“FTC”) announced that it “. . . is taking action against Invitation Homes, the country’s largest landlord of single-family homes, for an array of unlawful actions against consumers, including deceiving renters about lease costs, charging undisclosed junk fees, failing to inspect homes before residents moved in, and unfairly withholding tenants’ security deposits when they moved out.”

According to the FTC, “Invitation Homes has agreed to a proposed settlement order that would require the company to turn over $48 million to be used to refund consumers harmed by its actions. The corporate landlord will also be required to clearly disclose its leasing prices, establish policies and procedures to handle security deposit refunds fairly, and stop other unlawful behavior.”

SHAREHOLDERS OF INVITATION HOMES SECURITIES ALSO CAN CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Marathon Oil Corporation – Breach of Fiduciary Duties Investigation – MRO

Investors of Marathon Oil Encouraged to Contact Kehoe Law Firm, P.C. – MRO

Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Marathon Oil Corporation (“Marathon Oil”) (NYSE: MRO) failed to manage Marathon Oil in an acceptable manner, in breach of their fiduciary duties to Marathon Oil and its shareholders, and whether investors of Marathon Oil stock suffered harm.

MARATHON OIL SHAREHOLDERS CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On July 11, 2024, the U.S. Department of Justice (“DOJ”) announced a $241.5 million settlement with Marathon Oil resolving allegations that Marathon Oil violated the Clean Air Act regarding the company’s oil and gas production operations on the Fort Berthold Indian Reservation in North Dakota.

According to the DOJ, “[t]he settlement requires that Marathon pay a civil penalty of $64.5 million, the largest ever for violations of the Clean Air Act at stationary sources, which include facilities such as oil and gas tank systems.”

According to the DOJ, “[t]he agreement requires Marathon to invest in extensive compliance measures estimated to cost $177 million, much of which will be expended by the end of 2024. The settlement requires Marathon to obtain permits with federally enforceable emissions limits at production facilities on the Fort Berthold Indian Reservation and future operations in the state of North Dakota. Compliance measures also include flare monitoring, periodic infrared camera inspections and implementation of storage tank design requirements.”

The requirements, according to the DOJ, “. . . will significantly reduce harmful health-related emissions from 169 existing facilities on state land and on the Fort Berthold Indian Reservation, as well as at new facilities built in North Dakota. Therefore, the United States will secure pollution limits on twice the number of facilities where it investigated and alleged violations.”

INVESTORS OF MARATHON OIL ALSO CAN CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Delta Airlines – Breach of Fiduciary Duties Investigation – DAL

Investors of Delta Airlines Stock Encouraged to Contact Kehoe Law Firm, P.C. – DAL

Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Delta Airlines, Inc. (“Delta” or “Delta Airlines”) (NYSE: DAL) failed to manage Delta Airlines in an acceptable manner, in breach of their fiduciary duties to Delta and its shareholders, and whether Delta Airlines and its shareholders suffered harm.

INVESTORS OF DELTA AIRLINES STOCK CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On July 23, 2024, Axios.com reported that “[t]he U.S. Department of Transportation ‘has opened an investigation into Delta Air Lines to ensure the airline is following the law and taking care of its passengers during continued widespread disruptions,’ Transportation Secretary Pete Buttigieg wrote on X . . ..”

On July 24, 2024, CNN.com reported that “. . . Delta Air Lines canceled hundreds more flights early Tuesday morning [July 23, 2024], as the problems caused by last week’s global tech outage continued into a fifth day. Worse news: Delta’s meltdown will probably extend through the end of the week.”

According to CNN.com, “[t]he meltdown has ensnared an estimated half a million people, ruined holidays and travel plans and prompted a federal investigation – even as Delta flight cancellations and delays are ongoing and far outpacing issues at other carriers.”

Additionally, CNN.com reported that “[a]s of 2pm ET the Atlanta-based airline had canceled 466 flights, and Endeavor Air, its regional carrier that feeds its system under the Delta Connection brand, had canceled another 28 flights. The cancellations follow more than 1,250 flight cancellations Monday, and 4,500 flights from Friday through Sunday between Delta and Delta connection.”

INVESTORS OF DELTA AIRLINES ALSO CAN CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

 

 

Acadia Healthcare Investors May Have Legal Claims – Breach of Fiduciary Duties Investigation – ACHC

Investors of Acadia Healthcare Stock Encouraged to Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Acadia Healthcare Company, Inc. (Acadia Healthcare” or “Acadia”) (NASDAQ: ACHC) failed to manage Acadia Healthcare in an acceptable manner, in breach of their fiduciary duties to Acadia and its shareholders, and whether Acadia Healthcare and its shareholders suffered harm. 

INVESTORS OF ACADIA STOCK CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On September 1, 2024, The New York Times published an article which, among other things, stated that “[i]n at least 12 of the 19 states where Acadia operates psychiatric hospitals, dozens of patients, employees and police officers have alerted the authorities that the company was detaining people in ways that violated the law, according to records reviewed by The Times. In some cases, judges have intervened to force Acadia to release patients.”

The New York Times also reported that “. . . at Acadia, patients were often held for financial reasons rather than medical ones, according to more than 50 current and former executives and staff members.”

According to investigative news report, “Acadia, which charges $2,200 a day for some patients, at times deploys an array of strategies to persuade insurers to cover longer stays, employees said. Acadia has exaggerated patients’ symptoms. It has tweaked medication dosages, then claimed patients needed to stay longer because of the adjustment. And it has argued that patients are not well enough to leave because they did not finish a meal.”

Additionally, The New York Times reported that “[u]nless the patients or their families hire lawyers, Acadia often holds them until their insurance runs out.”

ACADIA HEALTHCARE INVESTORS CAN ALSO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

 

 

Investigation of the Announced Sale of Thoughtworks Holding, Inc.

Investors of Thoughtworks Stock Encouraged to Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating whether the announced sale of Thoughtworks Holding, Inc. (“Thoughtworks”) (NASDAQ: TWKS) is fair to the shareholders of Thoughtworks and whether the Board of Directors of Thoughtworks breached its fiduciary duties in connection with the proposed acquisition of Thoughtworks by its controlling shareholder, Apax Partners LLP (“Apax”), in an all-cash transaction for $4.40 per share.

SHAREHOLDERS OF THOUGHTWORKS CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Apax already owns 61.2% of Thoughtworks, and while the Board of Directors of Thoughtworks formed a special committee, it does not appear that standard deal protections, such as a majority of the minority vote requirement, were put in place. Moreover, the deal price is below the 52-week high Thoughtworks stock price of $5.20.

Importantly, the investigation concerns whether the transaction is unfair to the investors of Thoughtworks and the result of a flawed process by Thoughtworks’ potentially conflicted Board of Directors.

INVESTORS OF THOUGHTWORKS STOCK ALSO CAN CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

 

Investigation Into the Announced Sale of R1 RCM Inc.

Investors of R1 RCM Inc. Encouraged to Contact Kehoe Law Firm, P.C. 

Kehoe Law Firm, P.C. is investigating whether the sale of R1 RCM Inc. (NASDAQ: RCM) is fair to R1 RCM shareholders and whether the Board of Directors of R1 RCM breached its fiduciary duties in connection with the proposed acquisition of the company by investment funds affiliated with TowerBrook Capital Partners L.P. (“TowerBrook Capital”) and Clayton, Dubilier & Rice (“CD&R”) in an all-cash transaction for $14.30/share.

R1 RCM INVESTORS CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

TowerBrook Capital is the beneficial owner of 36% of the outstanding shares of common stock of R1 RCM. Under the terms of the agreement, TowerBrook Capital and CD&R will acquire all the outstanding shares that TowerBrook Capital does not currently own for $14.30 per share.

Although the Board of Directors of R1 RCM formed a special committee, it does not appear that they put in place standard deal protections, such as a majority of the minority vote requirement.  Moreover, the deal price is below the 52-week high R1 RCM stock price of $18.22.

Importantly, the investigation concerns whether the transaction is unfair to R1 RCM investors and the result of a flawed process by R1 RCM’s potentially conflicted Board of Directors.

R1 RCM SHAREHOLDERS CAN ALSO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.