Associated tags: Fraud, Wohl, Sale, Security (finance), Wall Street
Locations: NEW YORK, UNITED STATES, TATA, CALIFORNIA, PROSPECT, CALLON, BENCHMARK, GOLDMAN, BLACKSTONE, MONSEY, NY, US, IMO, WALL STREET, MARATHON, KIMMERIDGE
Franchise Group,
Committee,
Special,
FRG,
Wall Street,
Wohl,
Sale,
Affiliated Managers Group,
Acquisition,
Canadian House of Commons Special Committee on Electoral Reform,
Security (finance),
Management MONSEY, N.Y., May 10, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $30.00 per share in cash at which Franchise Group, Inc. (Nasdaq: FRG) (“FRG”) has agreed to be sold to a senior management team at FRG and a consortium of financial partners.
Key Points:
- MONSEY, N.Y., May 10, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $30.00 per share in cash at which Franchise Group, Inc. (Nasdaq: FRG) (“FRG”) has agreed to be sold to a senior management team at FRG and a consortium of financial partners.
- The Management Group presently owns approximately 36% of FRG’s outstanding common shares.
- The agreement has been approved by the FRG board of directors (“Board”) upon the recommendation of a special committee (“Special Committee”) of purportedly independent and disinterested directors.
- “We are investigating whether FRG’s Board acted in the best interests of FRG shareholders in approving the sale,” explained Joshua Fruchter, a founding partner at Wohl & Fruchter.
First Horizon Corporation,
FHN,
Michael J. Hsu,
TD,
Comptroller,
The Wall Street Journal,
Wall Street,
Toronto-Dominion Bank,
Attention,
Wohl,
Currency,
Bank of America,
Acquisition,
Transaction,
Bank,
Health,
News,
NYSE,
Cryptocurrency,
Auction On May 31, 2022, FHN announced that its stockholders had approved the Transaction.
Key Points:
- On May 31, 2022, FHN announced that its stockholders had approved the Transaction.
- On February 9, 2023, FHN and TD Bank announced that they had mutually agreed to extend the deadline to close the Transaction from February 27, 2023, to May 27, 2023.
- The announcement indicated that approvals from regulatory authorities in the United States and Canada were required to close the Transaction.
- On April 12, 2023, TD Bank CEO Bharat Masrani spoke at a luncheon sponsored by Bank of America.
ChatGPT is an artificial intelligence (AI) chatbot that has garnered attention for its detailed and articulate responses to questions across many domains of knowledge.
Key Points:
- ChatGPT is an artificial intelligence (AI) chatbot that has garnered attention for its detailed and articulate responses to questions across many domains of knowledge.
- On February 6, 2023, after the markets closed, Chegg held a conference call to discuss its results for Q4 2022.
- On May 1, 2023, after the markets closed, Chegg held a conference call to discuss its results for Q1 2023.
- On the call, Rosensweig stated that “since March, we saw a significant spike in student interest in ChatGPT.
MONSEY, N.Y., April 24, 2023 (GLOBE NEWSWIRE) -- After the filing of a preliminary proxy, the law firm of Wohl & Fruchter LLP continues to investigate the fairness of the price of $15.00 per share in cash at which Radius Global Infrastructure, Inc. (Nasdaq: RADI) (“Radius”) has agreed to be sold to EQT and the Public Sector Pension Investment Board.
Key Points:
- MONSEY, N.Y., April 24, 2023 (GLOBE NEWSWIRE) -- After the filing of a preliminary proxy, the law firm of Wohl & Fruchter LLP continues to investigate the fairness of the price of $15.00 per share in cash at which Radius Global Infrastructure, Inc. (Nasdaq: RADI) (“Radius”) has agreed to be sold to EQT and the Public Sector Pension Investment Board.
- The proposed sale has been approved by the Radius board of directors (“Board”).
- On April 6, 2023, Radius filed a preliminary proxy (“Proxy”) with the Securities and Exchange Commission concerning the proposed sale.
- “In our view, the Proxy raises a number of concerns regarding the fairness of the process followed by the Board to negotiate the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.
MONSEY, N.Y., April 18, 2023 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on February 21, 2023, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Belcher v. Volta, Inc. et al., Case No.
Key Points:
- MONSEY, N.Y., April 18, 2023 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on February 21, 2023, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Belcher v. Volta, Inc. et al., Case No.
- 23-cv-01406-JSR, on behalf of a class (“Class”) of individuals and entities that held common stock of Volta, Inc. (“Volta”) as of the close of business on February 17, 2023 (“Class Period”), the record date for Volta common shareholders eligible to vote on the proposed merger (“Merger”) of Volta and Shell USA, Inc., asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and Securities and Exchange Commission Rule 14a-9 promulgated thereunder, as well as claims under Delaware law, in connection with the Merger.
- Investors are hereby notified that not later than 60 days after the date of this notice, any member of the purported Class may move the Court to serve as lead plaintiff of the purported Class in this action.
- If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us by phone at 866-833-6245, or via email at [email protected] .
MONSEY, N.Y., March 27, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $1.40/share in cash at which Berkshire Grey, Inc. (Nasdaq: BGRY) (“Berkshire”) has agreed to be sold to its largest shareholder, SoftBank Group Corp. (“SoftBank”).
Key Points:
- MONSEY, N.Y., March 27, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $1.40/share in cash at which Berkshire Grey, Inc. (Nasdaq: BGRY) (“Berkshire”) has agreed to be sold to its largest shareholder, SoftBank Group Corp. (“SoftBank”).
- On March 27, 2023, Berkshire announced that it had agreed to be acquired for $1.40 per share in cash by SoftBank, which already owns approximately 28% of Berkshire’s outstanding common shares.
- The agreement has been approved by the Berkshire board of directors (“Board”).
- “We are investigating whether the Berkshire Board acted in the best interests of Berkshire shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.
MIH,
Skillsoft,
SKIL,
Klein,
Wohl,
Klein four-group,
Acquisition,
Transaction,
NYSE,
Proxy,
Security (finance),
Cryptocurrency,
Codecademy,
Prosus MONSEY, N.Y., March 20, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the acquisition last year of Codecademy by Skillsoft Corp. (NYSE: SKIL) (“Skillsoft”) for approximately $207.6 million in cash and 30.4 million shares of Skillsoft common stock, for conflicts of interest.
Key Points:
- MONSEY, N.Y., March 20, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the acquisition last year of Codecademy by Skillsoft Corp. (NYSE: SKIL) (“Skillsoft”) for approximately $207.6 million in cash and 30.4 million shares of Skillsoft common stock, for conflicts of interest.
- On December 22, 2021, Skillsoft announced it had agreed to acquire Codecademy, an online learning platform for technical skills, for approximately $525 million in cash and stock (the “Transaction”).
- On February 25, 2022, Skillsoft filed a proxy statement with the SEC disclosing further details about the Transaction.
- Thus, Mr. Klein had an interest in the closing of the Transaction that differed from those of other Skillsoft stockholders.
MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $8.50 per share in cash at which Cvent Holding Corp. (Nasdaq: CVT) (Cvent) is being sold to Blackstone.
Key Points:
- MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $8.50 per share in cash at which Cvent Holding Corp. (Nasdaq: CVT) (Cvent) is being sold to Blackstone.
- On March 14, 2023, Cvent announced that it has agreed to be acquired by Blackstone for $8.50 per share in cash.
- “We are investigating whether the Cvent Board acted in the best interests of Cvent shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.
- The opportunity to share in the future growth of Cvent is not being made available to other public stockholders.
MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $36.15 per share in cash at which Univar Solutions Inc. (NYSE: UNVR) (Univar) is being sold to an investor group led by Apollo Funds (Apollo).
Key Points:
- MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $36.15 per share in cash at which Univar Solutions Inc. (NYSE: UNVR) (Univar) is being sold to an investor group led by Apollo Funds (Apollo).
- On March 14, 2023, Univar announced that it has agreed to be acquired by an investor group led by Apollo for $36.15 per share in cash.
- The sale has been approved by the Univar board of directors (Board).
- “We are investigating whether the Univar Board acted in the best interests of Univar shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.
MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $9.46 per share in cash at which Momentive Global Inc. (Nasdaq: MNTV) (Momentive) is being sold to an investor consortium led by private equity firm Symphony Technology Group (STG).
Key Points:
- MONSEY, N.Y., March 14, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $9.46 per share in cash at which Momentive Global Inc. (Nasdaq: MNTV) (Momentive) is being sold to an investor consortium led by private equity firm Symphony Technology Group (STG).
- If you remain a Momentive shareholder and question the fairness of the price, you may contact our firm at the following link to discuss your options at no charge:
Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected] .
- The sale has been approved by the Momentive board of directors (Board).
- “We are investigating whether the Momentive Board acted in the best interests of Momentive shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.
