Consent decree

TransUnion (TRU) Shareholder Notice: Contact Robbins LLP for Information About our Investigation of TransUnion

Retrieved on: 
Monday, December 12, 2022
CFPB, SAN, NYSE, Marketing, United States House Select Oversight Subcommittee on the Coronavirus Crisis, Fair Credit Reporting Act, Consumer, COVID-19, TransUnion, Consent decree, TRU, Consumer Financial Protection Bureau, Property management

SAN DIEGO, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating TransUnion (NYSE: TRU) to determine whether certain TransUnion officers and directors violated securities laws and breached fiduciary duties to shareholders.

Key Points: 
  • SAN DIEGO, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating TransUnion (NYSE: TRU) to determine whether certain TransUnion officers and directors violated securities laws and breached fiduciary duties to shareholders.
  • Terms of the Consent Order required TransUnion and its subsidiaries to pay $13.9 million in restitution and $3 million in civil penalties.
  • CFPB stated in a press release that “TransUnion is an out-of-control repeat offender that believes it is above the law.
  • If you own shares of TransUnion or have incurred a recent significant loss in the stock, contact us for more information about your rights.

TransUnion Shareholder News: Johnson Fistel Encourages TransUnion Shareholders with Losses to Contact the Firm Regarding Investigation

Retrieved on: 
Thursday, December 8, 2022
CFPB, SAN, NYSE, Marketing, LLP, United States House Select Oversight Subcommittee on the Coronavirus Crisis, Fair Credit Reporting Act, Consumer, COVID-19, TransUnion, Consent decree, Consumer Financial Protection Bureau, TRU

The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

Key Points: 
  • The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
  • CFPB stated in a press release that “TransUnion is an out-of-control repeat offender that believes it is above the law.
  • Thus, TransUnion could face another investigation resulting from its disregard for its obligations to consumers.
  • Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of TransUnion (TRU) on Behalf of Investors

Retrieved on: 
Tuesday, December 13, 2022
Class Action Lawsuit, Professional Services, Legal, LLP, Consumer Financial Protection Bureau, Publication, TRU, GPM, Financial Times, TransUnion, Bloomberg Businessweek, The Wall Street Journal, SCAS, DOJ, Consumer, NYSE, FDA, Real estate investment trust, Behavior, Press, News, CFPB, Associated Press, Marketing, Information technology, Consent decree, Insurance, Management, Reuters

You can also contact Pavithra Rajesh, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Pavithra Rajesh, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.
  • In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Shareholder Alert: Robbins LLP Investigates TransUnion (TRU) on Behalf of Shareholders

Retrieved on: 
Wednesday, December 7, 2022
Class Action Lawsuit, Professional Services, Legal, Consumer Financial Protection Bureau, United States House Select Oversight Subcommittee on the Coronavirus Crisis, TRU, TransUnion, Fair Credit Reporting Act, Consumer, NYSE, CFPB, COVID-19, Marketing, Consent decree, Property management

Shareholder rights law firm Robbins LLP is investigating TransUnion (NYSE: TRU) to determine whether certain TransUnion officers and directors violated securities laws and breached fiduciary duties to shareholders.

Key Points: 
  • Shareholder rights law firm Robbins LLP is investigating TransUnion (NYSE: TRU) to determine whether certain TransUnion officers and directors violated securities laws and breached fiduciary duties to shareholders.
  • Terms of the Consent Order required TransUnion and its subsidiaries to pay $13.9 million in restitution and $3 million in civil penalties.
  • Despite the existence of the Consent Order, on April 12, 2022, the CFPB announced that it was filing a lawsuit against TransUnion, TransUnion Interactive, Inc., TransUnion, LLC, and former key executive John Danaher for violating the Consent Order.
  • CFPB stated in a press release that TransUnion is an out-of-control repeat offender that believes it is above the law.

Herbalife Nutrition Announces Pricing of $250 Million Aggregate Principal Amount of Convertible Senior Note Offering

Retrieved on: 
Wednesday, December 7, 2022
Vitamins, Supplements, Alternative Medicine, Health, Person, Exercise, Note, HLF, Intellectual property, SEC Rule 144A, ESG, Sale, Privacy, Loss, Pandemic, NYSE, Member, FTC, Disclosure, COVID-19, Growth, Failure, Terrorism, Convertible, Tax, Cayman Islands, Climate change, Information technology, Income tax, Consent decree, Security (finance), Risk management, Insurance, Management, Property management

Herbalife Nutrition Ltd. (NYSE: HLF) (the Company) today announced the pricing of its offering of $250 million aggregate principal amount of convertible senior notes due 2028 (the Convertible Notes) in a private offering to persons reasonably believed to be qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • Herbalife Nutrition Ltd. (NYSE: HLF) (the Company) today announced the pricing of its offering of $250 million aggregate principal amount of convertible senior notes due 2028 (the Convertible Notes) in a private offering to persons reasonably believed to be qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).
  • In addition, the Company granted the initial purchasers of the Convertible Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Convertible Notes are first issued, up to an additional $37.5 million principal amount of Convertible Notes.
  • The Convertible Notes will mature on June 15, 2028, unless redeemed, repurchased or converted in accordance with their terms prior to such date.
  • Herbalife Nutrition is a global company that has been changing peoples lives with great nutrition products and a business opportunity for its independent distributors since 1980.

Herbalife Nutrition Announces Proposed Offering of $250 Million Aggregate Principal Amount of Convertible Senior Notes

Retrieved on: 
Monday, December 5, 2022
Vitamins, Supplements, Alternative Medicine, Health, Person, Note, HLF, Intellectual property, SEC Rule 144A, ESG, Sale, Privacy, Loss, Pandemic, NYSE, Member, FTC, Disclosure, COVID-19, Growth, Failure, Terrorism, Convertible, Tax, Cayman Islands, Climate change, Information technology, Income tax, Consent decree, Security (finance), Life insurance, Risk management, Insurance, Management, Property management

Final terms of the Convertible Notes, including the initial conversion price, interest rate and certain other terms of the Convertible Notes will be determined at the time of pricing.

Key Points: 
  • Final terms of the Convertible Notes, including the initial conversion price, interest rate and certain other terms of the Convertible Notes will be determined at the time of pricing.
  • The Convertible Notes will be senior, unsecured obligations of the Company, and are expected to pay interest semiannually.
  • Upon conversion, the Convertible Notes will be settled in cash and, if applicable, the Companys common shares, based on a conversion rate to be determined at the pricing of the Convertible Notes.
  • The Convertible Notes will mature on June 15, 2028, unless redeemed, repurchased or converted in accordance with their terms prior to such date.

Herbalife Nutrition Announces Leadership Change

Retrieved on: 
Monday, October 31, 2022
Vitamins, Supplements, Health, Fitness & Nutrition, Walt Disney Studios, Marketing, Time Inc., Failure, Growth, Disclosure, Walt Disney, CEO, FTC, Climate change, Loss, Motivation, HLF, Board, Terrorism, NYSE, Director, Industry, COVID-19, Program, Intellectual property, Member, Privacy, Cayman Islands, Tax, Board of directors, Pandemic, Income tax, Compliance, Private Securities Litigation Reform Act, Consent decree, Company, Time, The Walt Disney Company, Information technology, Athlete, ESG, Herbalife Nutrition, Management, Security (finance), Risk management, Insurance, Property management

Mr. Johnson brings more than 40 years of experience leading multi-national corporations, including close to two decades of leading Herbalife Nutrition.

Key Points: 
  • Mr. Johnson brings more than 40 years of experience leading multi-national corporations, including close to two decades of leading Herbalife Nutrition.
  • Michaels vision, intellect and passion for Herbalife Nutrition make him uniquely qualified to lead Herbalife at this time, said Alan LeFevre, lead independent director of Herbalife Nutritions Board of Directors.
  • For more than 40 years, Herbalife Nutrition has been transforming peoples lives by providing them with personalized nutrition and an economic opportunity that is the best in the industry.
  • Under Mr. Johnsons leadership, Herbalife Nutritions product portfolio and R&D function significantly increased, including the development and introduction of the Herbalife24 line of sports nutrition products.

Artesian Water Company Announces Credit to Delaware Customers With Proceeds from Settlement Agreement

Retrieved on: 
Monday, October 24, 2022
U.S. Securities and Exchange Commission, Water, Superfund, Government, Development and Resources Corporation, Ombudsman, Water quality, Delaware Public Service Commission, Consent decree, Security (finance), Investment, Groundwater, Private Securities Litigation Reform Act, DE, Company, CEO, Artesian aquifer, Consent, GLOBE, Trust, EPA, U.S. Route 13, Failure, Water supply, Weather, Compliance, Bottled water, Environmental remediation, Artesian, Delmarva Peninsula, Llangollen

The proceeds, to be paid in four annual installments, are reimbursement for investments made by Artesian Water in water treatment systems at its northern New Castle County, Delaware Llangollen well field to ensure its water continues to meet all state and federal drinking water standards.

Key Points: 
  • The proceeds, to be paid in four annual installments, are reimbursement for investments made by Artesian Water in water treatment systems at its northern New Castle County, Delaware Llangollen well field to ensure its water continues to meet all state and federal drinking water standards.
  • As a strong environmental steward and responsible water utility, Artesian proactively monitors groundwater for potential regulated and unregulated contaminants, treating the water as necessary.
  • Active customers as of September 30, 2022 will receive a credit of approximately $27.00 issued no later than October 31, 2022 with the credit appearing on their subsequent water bill.
  • Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905.

Sterling Bank & Trust Settles OCC Investigation into Advantage Loan Program; OCC Terminates June 2019 Formal Agreement

Retrieved on: 
Tuesday, September 27, 2022
Banking, Professional Services, Finance, Securities Exchange Act of 1934, Consent decree, Time, Department, United States Department of Justice Tax Division, Blake Paulson, Justice, Securities Act of 1933, DOJ, Nature, Company, Comptroller, Private Securities Litigation Reform Act, Sterling, Industry, OCC, U.S. Securities and Exchange Commission, Program, Bank, Phrase, CEO, SBT, Goal, Annual report, Sterling Bank, Fraud, NASDAQ, Trust, F.S.B, Security (finance)

The Consent Order represents a full and final settlement of the OCCs investigation with respect to the Bank.

Key Points: 
  • The Consent Order represents a full and final settlement of the OCCs investigation with respect to the Bank.
  • Concurrent with the Consent Order, the OCC notified the Bank that the formal agreement between the Bank and the OCC entered on June 18, 2019 (the OCC Agreement) has been terminated.
  • The OCC Agreement primarily related to certain aspects of the Banks Bank Secrecy Act/Anti-Money Laundering compliance program and the Banks credit administration.
  • Todays announcement from the OCC represents a painful resolution of the long running regulatory fallout from the ill-fated Advantage Loan Program.