logo
WORKHORSE GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Workhorse Group Inc.

WORKHORSE GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Workhorse Group Inc.

Globe and Mail18 hours ago
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed merger of Workhorse Group Inc. (NasdaqCM: WKHS) and Motiv Electric Trucks. Upon completion of the proposed transaction, Workhorse shareholders will own approximately 26.5% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Workhorse shareholders.
If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-wkhs/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sony hikes PlayStation 5 prices in U.S. as tariff uncertainty weighs
Sony hikes PlayStation 5 prices in U.S. as tariff uncertainty weighs

CTV News

time7 minutes ago

  • CTV News

Sony hikes PlayStation 5 prices in U.S. as tariff uncertainty weighs

PlayStation 5 consoles are seen at a Best Buy store in Charlotte, N.C. (Erik Verduzco / AP Photo) Sony will raise prices of its PlayStation 5 consoles in the United States by around US$50 from Thursday, as the Japanese conglomerate navigates a slow recovery in the videogame market while U.S. tariffs threaten to raise costs. All three PlayStation 5 consoles will see a similar price hike, with the most expensive PS5 Pro version expected to cost $749.99, the company said in a blog post on Wednesday. ADVERTISEMENT The price changes come after U.S. President Donald Trump announced sweeping tariffs on imports from global manufacturing hubs such as China and Japan, leading to fears of supply chain disruptions and high material costs. Sony had raised prices of its consoles in various European markets in April. Rival Xbox also hiked sticker prices of its consoles and accessories in the U.S., Europe, Australia and the U.K. a month later. Consoles were expected to be a major driver of videogame market growth this year due to the launch of premium titles such as Take-Two Interactive's 'Grand Theft Auto VI' and Nintendo's Switch 2. But console price hikes and the delay of highly-anticipated 'GTA VI' to next year have cast some doubt on the pace of growth in the industry. On Wednesday, Sony said there are no price changes for other markets and prices of PlayStation 5 accessories remain unchanged. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Leroy Leo)

Trump raises pressure on central bank, calls for Fed governor to resign
Trump raises pressure on central bank, calls for Fed governor to resign

CTV News

time7 minutes ago

  • CTV News

Trump raises pressure on central bank, calls for Fed governor to resign

U.S. President Donald Trump ramped up pressure on the U.S. central bank Wednesday, calling for Federal Reserve Governor Lisa Cook to step down -- after his recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner. 'Cook must resign, now!!!' Trump wrote on his Truth Social platform, while sharing a Bloomberg news report on how the Federal Housing Finance Agency's director has called for greater scrutiny of Cook over a pair of mortgages. FHFA director Bill Pulte -- a staunch ally of Trump -- had reportedly written a letter to the U.S. attorney general calling for an investigation of Cook while suggesting that she might have committed a criminal offense. Pulte Confirmed to Lead FHFA Amid Questions Bill Pulte during a Senate Banking Committee confirmation hearing in Washington, DC Photographer: Al Drago/Bloomberg (Al Drago/Photographer: Al Drago/Bloomberg) The Trump administration has pursued allegations of mortgage fraud against high-profile Democrats who are seen as political adversaries of the president. It was not immediately clear if such a probe will take place targeting Cook, the first Black woman to serve on the central bank's board. The president is also limited in his ability to remove officials from the central bank. A Supreme Court order recently suggested that Fed officials cannot be taken out of their jobs over policy disagreements, meaning they have to be removed for 'cause,' which could be interpreted to mean wrongdoing. Board of Governors of the Federal Reserve member Lisa Cook, speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and... Board of Governors of the Federal Reserve member Lisa Cook, speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Federal Reserve building, Sept. 23, 2022, in Washington. (AP Photo/Manuel Balce Ceneta) 'A disaster' The U.S. leader's targeting of Cook, who sits on the Fed's rate-setting committee, comes after his repeated broadsides against Powell while the central bank kept the benchmark lending rate unchanged this year. On Tuesday night, Trump again called for a 'major rate cut,' saying there was 'no inflation' and claiming that the Fed's policymaking was harming the housing industry due to elevated mortgage rates. He called Powell 'a disaster' in a social media post. Although the US consumer price index, a key inflation gauge, was steady at 2.7 per cent in July, it remains higher than it was a few months earlier. Fed officials have been trying to ensure inflation is kept in check -- despite the effects of Trump's sweeping tariffs -- while balancing risks to the labor market as they mull the right time for further rate cuts. Cook took office as a Fed governor in May 2022 and was reappointed to the board in September 2023. She was sworn in later that same month for a term ending in 2038. She has previously served on the Council of Economic Advisers under former president Barack Obama. Earlier this year, Trump suggested that what he called an overly costly renovation of the Fed's headquarters could be a reason to oust Powell, before backing off the threat. Powell's term as Fed chair ends in May 2026.

Canada Post union tables new offers seeking higher wages
Canada Post union tables new offers seeking higher wages

CTV News

time7 minutes ago

  • CTV News

Canada Post union tables new offers seeking higher wages

OTTAWA — The Canadian Union of Postal Workers says it presented new offers to Canada Post today seeking higher wages than the Crown corporation's latest proposal. Unionized workers rejected Canada Post's most recent offers in a direct vote earlier this month. ADVERTISEMENT This is a breaking news update. More information coming. Original copy from The Canadian Press follows. OTTAWA — Canada Post and the union representing postal workers are set to return to the bargaining table today. Plans to rekindle talks late last week were delayed due to a lack of federal government mediators. The Canadian Union of Postal Workers claimed labour unrest at Air Canada was pulling attention from the postal service's dispute, which has stretched on for more than a year and a half. A few weeks ago, unionized postal workers rejected the Crown corporation's latest offer that would have included wage hikes of around 13 per cent over four years and added part-timers to the workforce. Canada Post is seeking a formal response from the union on those proposals and has warned the postal service is bleeding millions of dollars in business daily tied to uncertainty around collective bargaining. The union says it has prepared offers that meet members' demands and is upholding a ban on overtime work in the meantime. This report by The Canadian Press was first published Aug. 20, 2025.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store