Oct 23, 2023 | Blog, Shareholder Investigations
Abercrombie & Fitch Stock – Investors of Abercrombie & Fitch Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Abercrombie & Fitch Co. (“Abercrombie & Fitch”) (NYSE: ANF) breached their fiduciary duties to Abercrombie & Fitch shareholders and whether Abercrombie & Fitch investors suffered damages as a result.
On October 2, 2023, the BBC reported allegations that Mike Jeffries, “[t]he ex-CEO of Abercrombie & Fitch[,] and his British partner face allegations of exploitation from men recruited for sex events they hosted around the world.”
Additionally, the BBC reported that “[t]wo former US prosecutors who independently reviewed documents and testimony uncovered by the BBC have called for an investigation to determine whether charges for sex trafficking could be brought. Under US law, sex trafficking includes getting an adult to travel to another state or country to have sex for money by using force, fraud or coercion.”
INVESTORS OF ABERCROMBIE & FITCH STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.
ABERCROMBIE & FITCH 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.
Oct 11, 2023 | Blog, Shareholder Investigations
Long-Term Investors of Startek Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether the proposed sale of Startek, Inc. (NYSE: SRT) for $4.30 per share in cash is fair to Startek shareholders and whether certain directors and officers of Startek breached their fiduciary duties in connection with the proposed acquisition of Startek by Capital Square Partners.
LONG-TERM INVESTORS OF STARTEK STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
STARTEK SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE STARTEK MERGER INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Oct 5, 2023 | Blog, Shareholder Investigations
Investors of LiveVox Holdings Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether the sale of LiveVox Holdings, Inc. (“LiveVox”) (NASDAQ: LVOX) for $3.75 per share is fair to LiveVox shareholders and whether certain directors and officers of LiveVox breached their fiduciary duties in connection with the proposed acquisition of LiveVox by NICE Systems.
INVESTORS OF LIVEVOX STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.
LiveVox is controlled by certain entities associated with Golden Gate Private Equity, Inc. (“Golden Gate”), which collectively owns approximately 70.63% of LiveVox’s outstanding stock. Golden Gate has already approved the merger by written consent, and LiveVox’s minority stockholders will have no say in the merger.
The proposed merger’s $350 million consideration is a fraction of LiveVox’s $840 million valuation in connection with its IPO in 2021.
LIVEVOX SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE LIVEVOX INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Sep 19, 2023 | Blog, Shareholder Investigations
Investors of Fiesta Restaurant Group, Inc. Encouraged to Contact Kehoe Law Firm, P.C. – FRGI
Kehoe Law Firm, P.C. is investigating whether the sale of Fiesta Restaurant Group, Inc. (“Fiesta Restaurant” or “Fiesta”) (NASDAQ: FRGI) for $8.50 per share in cash is fair to Fiesta stockholders.
The investigation concerns whether the Board of Fiesta breached its fiduciary duties in connection with the merger.
INVESTORS OF FIESTA RESTAURANT STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C.
Fiesta Restaurant formed a Special Committee because Board member Nicholas Daraviras was employed by an affiliate of one of the potential financial advisor candidates, Jefferies LLC (“Jefferies”). The Special Committee then retained Jefferies as its financial advisor, even though Jefferies held a large illiquid block position in Fiesta of 5.26 million shares, or approximately 19.89% of the common equity outstanding in Fiesta and entered into a voting agreement in connection with the merger.
Due to its large illiquid position in Fiesta, Jefferies may have had an interest in a quick merger unlike other Fiesta stockholders.
SHAREHOLDERS OF FIESTA 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.
Sep 12, 2023 | Blog, Shareholder Investigations
Investors of Orthofix Medical Stock Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Orthofix Medical Inc. (“Orthofix” or the “Company”) (NASDAQ: OFIX).
INVESTORS OF ORTHOFIX STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On September 12, 2023, Business Wire reported that Orthofix announced that it replaced its CEO, CFO and Chief Legal Officer “follow[ing] the unanimous decision by the [Orthofix] Board’s independent directors to terminate for cause Keith Valentine, John Bostjancic and Patrick Keran from those respective roles. The Board also requested that Mr. Valentine resign from the Board.”
The Company, according to Business Wire, also reported that “[t]he Board’s decision follows an investigation conducted by independent outside legal counsel and directed and overseen by the Company’s independent directors. As a result of the investigation, the Board determined that each of these executives engaged in repeated inappropriate and offensive conduct that violated multiple code of conduct requirements and was inconsistent with the Company’s values and culture.”
OFIX stock was down more than 19% in pre-market trading on September 12, 2023.
ORTHOFIX SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], [email protected], TO LEARN MORE ABOUT THE ORTHOFIX SECURITIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Aug 24, 2023 | Blog, Shareholder Investigations
Investors of Altice USA Stock Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Altice USA, Inc. (“Altice”) (NYSE: ATUS) breached their fiduciary duties to Altice USA and its shareholders and whether Altice USA and its shareholders have suffered damages as a result.
INVESTORS OF ALTICE STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On July 13, 2023, Altice co-founder Armando Pereira was detained in Portugal as part of a criminal investigation into alleged corruption, tax fraud, and money laundering.
On July 15, 2023, Alexandre Fonseca (“Fonseca”), chairman of Altice USA, resigned from the board of directors of Altice USA. On July 17, 2023, Fonseca suspended himself from all responsibilities at Altice USA. Further, Altice’s U.S. head of procurement, Pereira’s son-in-law Yossi Benchetrit, was put on leave, along with approximately ten other employees.
ALTICE SHAREHOLDERS (NYSE: ATUS) 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.
