Sugarman

Palm Tree Names Michael Schall as a Strategic Industry Advisor for Investment Banking Operations

Retrieved on: 
Tuesday, March 12, 2024

Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.
  • “Michael is uniquely qualified to advise on growth efforts within this comprehensive industry, given his extensive experience within CPG and F&B-focused operations spanning over 40 years.
  • “I am honored by the opportunity to advise Palm Tree on driving growth and maintaining forward momentum for its CPG and F&B investment banking practice,” said Mr. Schall.
  • He is also a partner at Meaningful Partners , a Senior Advisor to Conscious Capitalism , and an operating adviser for Graham Partners .

Steven A. Sugarman Speaks at 74th Annual NAREB Convention on Expanding Black Homeownership

Retrieved on: 
Wednesday, July 28, 2021

The Change Company, Americas Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio.

Key Points: 
  • The Change Company, Americas Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio.
  • Mr. Sugarman said, It was an honor to address the 74th Annual NAREB Convention and participate in their Legislative Forum: Advocacy in Action.
  • I look forward to working with the NAREB as they advocate for legislation and regulatory change designed to increase Black homeownership.
  • The 74th annual NAREB Convention brings hundreds of Black professionals in the real estate industry together for training, networking, and career support.

Plaintiff Agrees to Dismiss Former CEO Steven Sugarman From Banc of California Litigation

Retrieved on: 
Thursday, September 19, 2019

Steven Sugarman, former Chairman, President, and CEO of Banc of California, Inc. (NYSE: BANC), and Plaintiff in the matter of In Re Banc of California Securities Litigation have agreed to dismiss Mr. Sugarman with prejudice from the case and, following extensive discovery, Plaintiff stated:

Key Points: 
  • Steven Sugarman, former Chairman, President, and CEO of Banc of California, Inc. (NYSE: BANC), and Plaintiff in the matter of In Re Banc of California Securities Litigation have agreed to dismiss Mr. Sugarman with prejudice from the case and, following extensive discovery, Plaintiff stated:
    Plaintiff did not uncover any proof that Galanis exercised or had any control or decision-making authority over Mr. Sugarman or any of Mr. Sugarmans business entities.
  • Plaintiff did not uncover any proof that Galanis controlled or affected Mr. Sugarmans actions or decisions as an investor, officer or director of Banc of California, Inc.
  • The October 18, 2016 press release reflected information provided to Mr. Sugarman.
  • Additionally, Mr. Sugarman entered into a separate agreement with Banc of California which requires Banc of California to remove its confidentiality designations from certain key discovery documents.

iStar Nominates Richard Lieb to Join Board of Directors

Retrieved on: 
Tuesday, April 9, 2019

NEW YORK, April 9, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that its Board of Directors has nominated Richard Lieb for election as a Director at its 2019 Annual Meeting of Shareholders on May 16.

Key Points: 
  • NEW YORK, April 9, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that its Board of Directors has nominated Richard Lieb for election as a Director at its 2019 Annual Meeting of Shareholders on May 16.
  • "I am excited to announce the selection of Richard Lieb to serve on our Board.
  • He is an accomplished strategic advisor in the real estate industry and his Board experience will be an invaluable addition to iStar," said Jay Sugarman, Chairman and Chief Executive Officer.
  • Mr. Lieb has nearly 35 years of experience focusing on advisory opportunities in the real estate industry and currently serves on the Board of Directors for several other publicly-traded real estate companies.

LICT Corporation Reports Preliminary Fourth Quarter and Full Year 2018 Results and Gary L. Sugarman Rejoins Board of Directors

Retrieved on: 
Monday, February 11, 2019

LICT Corporation (LICT or the Company; OTC Pink: LICT) reports preliminary, unaudited, financial results for the year ended December 31, 2018.

Key Points: 
  • LICT Corporation (LICT or the Company; OTC Pink: LICT) reports preliminary, unaudited, financial results for the year ended December 31, 2018.
  • FOURTH QUARTER RESULTS In 2018, LICTs reported fourth quarter revenues increased $1.4 million to $28.8 million compared to $27.5 million for the corresponding quarter in 2017.
  • Reported EBITDA was $14.5 million in the fourth quarter of 2018 as compared to $13.0 million in the fourth quarter of 2017.
  • GARY L. SUGARMAN We are extremely pleased to report that on February 7, 2019, Mr. Sugarman rejoined our Board.