Feb 21, 2023 | Blog, Shareholder Investigations
Norfolk Southern Stock Investors Who Have Held NSC Stock Since At Least February 2, 2023 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 Norfolk Southern Corporation (“Norfolk Southern”) (NYSE: NSC) breached their fiduciary duties to Norfolk Southern and its shareholders.
The investigation concerns whether members of Norfolk Southern’s board of directors or senior management failed to manage Norfolk Southern in an acceptable manner, in breach of their fiduciary duties to Norfolk Southern, and whether Norfolk Southern and its shareholders have suffered damages as a result.
On February 3, 2023, a Norfolk Southern train derailed around East Palestine, Ohio, near the border with Pennsylvania, leaking toxins such as vinyl chloride, butyl acrylate, benzene residue, and other combustible liquids.
Norfolk Southern now faces numerous lawsuits and investigations from regulators and individuals stemming from the derailment.
NORFOLK SOUTHERN INVESTORS WHO HAVE HELD THEIR NSC STOCK SINCE AT LEAST FEBRUARY 2, 2023 ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR SECURITIES.
SHAREHOLDERS OF NORFOLK SOUTHERN WHO HAVE HELD THEIR STOCK SINCE AT LEAST FEBRUARY 2, 2023 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.
Jan 24, 2023 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers FG New America Acquisition Corp. (“FG New America”) (NYSE: FGNA), now known as OppFi Inc. (“OppFi”) (NYSE: OPFI), breached their fiduciary duties to FG New America’s shareholders.
The investigation concerns whether FG New America’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether FG New America’s shareholders suffered damages as a result.
On July 16, 2021, FG New America shareholders of record as of June 21, 2021 approved a merger between FG New America and OppFi.
In March 2022, the California Department of Financial Protection and Innovation sued OppFi for regulatory violations and exceeding interest rate caps, and both the CEO and the CFO resigned within a few days thereof.
On December 9, 2022, OppFi announced that its Audit Committee determined that all financial statements for 2021 “should no longer be relied upon due to a misapplication of accounting guidance in connection with the Company’s calculations of diluted earnings per share for such periods.”
OppFi’s stock price has declined significantly since the merger.
INVESTORS OF OPPFI STOCK WHO HELD FG NEW AMERICA SHARES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR KATAPULT/FINSERV SECURITIES.
OPPFI SHAREHOLDERS WHO HELD FG NEW 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 OR POTENTIAL LEGAL CLAIMS.
Oct 10, 2022 | Blog, Shareholder Investigations
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Fox Corporation (“Fox”) (NASDAQ: FOX, FOXA) breached their fiduciary duties to Fox and its shareholders.
FOX INVESTORS THAT HAVE HELD THEIR STOCK (FOX, FOXA) SINCE BEFORE FEBRUARY 2021 AND WHO WISH TO DISCUSS POTENTIAL LEGAL CLAIMS ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
The investigation concerns whether members of Fox’s board of directors or senior management failed to manage Fox in an acceptable manner, in breach of their fiduciary duties, and whether Fox and its shareholders have suffered damages as a result.
On February 4, 2021, Smartmatic USA Corporation (“Smartmatic”) filed a defamation lawsuit against Fox, alleging that Smartmatic suffered severe harm after numerous Fox News on-air personalities made misrepresentations about Smartmatic’s business in the wake of the November 2020 presidential election.
INVESTORS OF FOX STOCK SINCE BEFORE FEBRUARY 2021 ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
