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Latest Fiduciary Stories

2014-08-26 23:00:30

U.S. Solicitor General supports Schlichter, Bogard & Denton’s position that the Supreme Court should overturn aspects of the Court of Appeal’s decision in Tibble v. Edison Int’l., 729 F.3d 1110 (9th Cir. 2013). St. Louis, MO (PRWEB) August 27, 2014 On August 19, in response to an invitation from the Supreme Court, the Solicitor General filed the government’s official position agreeing with the position of Schlichter, Bogard & Denton and recommending that the Court grant...

2014-08-25 16:29:40

WEST PALM BEACH, Fla., Aug. 25, 2014 /PRNewswire/ -- Forward Industries, Inc. (NASDAQ: FORD) today announced that on August 19, 2014 the Board of Directors terminated the employment of James McKenna as Chief Financial Officer, Treasurer and Assistant Secretary of the Company. Forward has engaged Financial Consulting Strategies LLC to provide the services of an interim financial director. On August 20, 2014, Forward filed a Complaint in the Supreme Court of the State of New York...

2014-08-24 16:20:20

BOSTON, Aug. 24, 2014 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duty by the Board of Directors of InterMune, Inc. ("InterMune" or the "Company") (NASDAQ: ITMN) concerning its proposed merger with Roche in an all cash transaction. InterMune stockholders will receive $74 in cash for each InterMune share held. This represents a premium of...

2014-08-22 12:28:18

NEW YORK, Aug. 22, 2014 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Peregrine Semiconductor Corporation ("Peregrine" or the "Company") (NASDAQ: PSMI) (ISIN: US71366R7035) (CUSIP: 71366R703) concerning the proposed acquisition of Peregrine by Murata Electronics North America, Inc. a wholly owned subsidiary of Murata Manufacturing Co., Ltd. Peregrine shareholders seeking more information about this acquisition are advised to contact Robert Willoughby...

2014-08-21 16:24:21

NEW YORK, Aug. 21, 2014 /PRNewswire/ -- Levi & Korsinsky, LLP is investigating Molina Healthcare, Inc. (NYSE: MOH) in connection with possible claims of breaches of fiduciary duty by certain members of the board of directors of the Company. http://photos.prnewswire.com/prnvar/20120409/MM84375LOGO To get more information, click here: http://zlk.9nl.com/molina-healthcare-moh. There is no cost or obligation to you. If you own common stock in Molina Healthcare, Inc. and wish to...

2014-08-21 16:21:44

NEW YORK, Aug. 21, 2014 /PRNewswire/ -- Levi & Korsinsky, LLP is investigating Pioneer Energy Services Corp. (NYSE: PES) in connection with possible claims of breaches of fiduciary duty by certain members of the board of directors of the Company. http://photos.prnewswire.com/prnvar/20120409/MM84375LOGO To get more information, click here: http://zlk.9nl.com/pioneer-energy-services-pes. There is no cost or obligation to you. If you own common stock in Pioneer Energy Services...

2014-08-19 12:29:14

NEW YORK, Aug. 19, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating whether the board members of Skilled Healthcare Group, Inc. (NYSE: SKH) ("Skilled Healthcare" or the "Company") breached their fiduciary duties in connection with the proposed merger of the Company with Genesis HealthCare. On August 18, 2014, Skilled Healthcare announced it had signed a definitive agreement to combine with Genesis...

2014-08-19 12:23:00

DALLAS, Aug. 19, 2014 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE - HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.080649 per unit, payable on September 15, 2014, to unitholders of record on August 29, 2014. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to the Trust for both the...

2014-08-07 12:25:23

Judge had previously warned Moritt Hock & Hamroff about possibility of disgorgement HUNTINGTON, N.Y., Aug. 7, 2014 /PRNewswire/ -- In a highly unusual and almost unprecedented decision, Suffolk County Surrogate's Court Judge John M. Czygier Jr. put the brakes on the runaway legal fees in the Estate of noted E. Hampton sculptor Norman J. Mercer being paid to the local Long Island law firm Moritt Hock & Hamroff by BNY Mellon and its co-trustees. In his July 10, 2014 decision,...

2014-08-05 12:28:41

AMARILLO, Texas, Aug. 5, 2014 /PRNewswire/ -- Hastings Entertainment, Inc., a leading multimedia entertainment retailer ("Hastings"), today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has entered an Agreed Stipulation and Agreed Order (the "Dismissal") dismissing, with prejudice, the lawsuit captioned CV-00072-J--Andreas Oberegger and David A. Capps, directly and derivatively on behalf of Hastings Entertainment, Inc., v. Danny...


Word of the Day
bodacious
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'
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