logo
VERITEX HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veritex Holdings, Inc- VBTX

VERITEX HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veritex Holdings, Inc- VBTX

Business Wire3 days ago
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of Veritex Holdings, Inc. (NasdaqGM: VBTX) to Huntington Bancshares Incorporated (NasdaqGS: HBAN). Under the terms of the proposed transaction, shareholders of Veritex will receive 1.95 shares of Huntington for each share of Veritex that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, 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/nasdaqgm-vbtx/ 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

Campbell's Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant
Campbell's Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

Yahoo

time13 hours ago

  • Yahoo

Campbell's Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

The great-granddaughter of the inventor of condensed soup has joined the fam at Campbell's, the company announced this week. The daughter of late billionaire Campbell's heiress Mary Alice Dorrance Malone will serve on the board following her mother's death last month. The Campbell's Company on Friday announced it had elected 42-year-old luxury fashion entrepreneur Mary Alice Dorrance Malone Jr. to its board, continuing a family legacy that has spanned more than a century. Malone Jr. is filling a board seat at the Fortune 500 company that her mother, with whom she shares the name Mary Alice Dorrance Malone, held for 35 years before passing away in June 2025 at the age of 75. The billionaire was Campbell's largest shareholder and the longest-tenured member of the board, at one point even fending off an activist attack from Daniel Loeb's hedge fund. Malone Jr. is also the great-granddaughter of Dr. John T. Dorrance, who invented condensed soup and served as president of the company from 1914 to 1930. Her grandfather, John T. Dorrance Jr., chaired Campbell's from 1962 to 1984. Other members of Malone Jr.'s family including Bennett Dorrance Jr. and Archbold D. van Beuren also serve on the board. Collectively, the Dorrance family holds more than 23% of the company, and Forbes counts the family as among America's richest, with a net worth valued at $17 billion. However, Malone Jr.'s appointment comes at a pivotal time for Campbell's. The company's stock price has dropped more than 25% year to date, and its earnings per share decreased 24% in 2024 versus 2023. It renamed itself from 'Campbell Soup Company' to The Campbell's Company in November 2024 to better reflect its other standout brands which include Cape Cod, Goldfish, Kettle Brand, Pepperidge Farm, Swanson, and V8. In recent years, the company has shifted its portfolio mix with total sales focused more on revenues from snacks and brands such as Rao's rather than core soup operations. The board executed a CEO transition at the start of the year. Mick Beekhuizen, another Gen Xer at age 48, took the role effective in February. Malone Jr. brings with her nearly 20 years in the fashion business, having founded luxury shoe line Malone Souliers in 2014, where she serves as chief brand director. The line's iconic 'Maurene' leather mule retails for more than $600 and is handcrafted in Italy. The company has also partnered with Netflix series Emily in Paris and Bridgerton, according to its website. In a statement, Campbell's board chair Keith McLoughlin welcomed her to the team. 'Mary Alice's unique blend of creative, analytical and entrepreneurial experience and deep appreciation of Campbell's history will be an asset to the Board and the company,' said McLouglin. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Campbell's Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant
Campbell's Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

Yahoo

time13 hours ago

  • Yahoo

Campbell's Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

The great-granddaughter of the inventor of condensed soup has joined the fam at Campbell's, the company announced this week. The daughter of late billionaire Campbell's heiress Mary Alice Dorrance Malone will serve on the board following her mother's death last month. The Campbell's Company on Friday announced it had elected 42-year-old luxury fashion entrepreneur Mary Alice Dorrance Malone Jr. to its board, continuing a family legacy that has spanned more than a century. Malone Jr. is filling a board seat at the Fortune 500 company that her mother, with whom she shares the name Mary Alice Dorrance Malone, held for 35 years before passing away in June 2025 at the age of 75. The billionaire was Campbell's largest shareholder and the longest-tenured member of the board, at one point even fending off an activist attack from Daniel Loeb's hedge fund. Malone Jr. is also the great-granddaughter of Dr. John T. Dorrance, who invented condensed soup and served as president of the company from 1914 to 1930. Her grandfather, John T. Dorrance Jr., chaired Campbell's from 1962 to 1984. Other members of Malone Jr.'s family including Bennett Dorrance Jr. and Archbold D. van Beuren also serve on the board. Collectively, the Dorrance family holds more than 23% of the company, and Forbes counts the family as among America's richest, with a net worth valued at $17 billion. However, Malone Jr.'s appointment comes at a pivotal time for Campbell's. The company's stock price has dropped more than 25% year to date, and its earnings per share decreased 24% in 2024 versus 2023. It renamed itself from 'Campbell Soup Company' to The Campbell's Company in November 2024 to better reflect its other standout brands which include Cape Cod, Goldfish, Kettle Brand, Pepperidge Farm, Swanson, and V8. In recent years, the company has shifted its portfolio mix with total sales focused more on revenues from snacks and brands such as Rao's rather than core soup operations. The board executed a CEO transition at the start of the year. Mick Beekhuizen, another Gen Xer at age 48, took the role effective in February. Malone Jr. brings with her nearly 20 years in the fashion business, having founded luxury shoe line Malone Souliers in 2014, where she serves as chief brand director. The line's iconic 'Maurene' leather mule retails for more than $600 and is handcrafted in Italy. The company has also partnered with Netflix series Emily in Paris and Bridgerton, according to its website. In a statement, Campbell's board chair Keith McLoughlin welcomed her to the team. 'Mary Alice's unique blend of creative, analytical and entrepreneurial experience and deep appreciation of Campbell's history will be an asset to the Board and the company,' said McLouglin. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Path2College 2024 Newborn Sweepstakes Winner Announced
Path2College 2024 Newborn Sweepstakes Winner Announced

Business Wire

time14 hours ago

  • Business Wire

Path2College 2024 Newborn Sweepstakes Winner Announced

ATLANTA--(BUSINESS WIRE)-- Georgia's Path2College 529 Plan announced today that a Mableton baby, Sinclair Lewis, has won the 2024 Path2College Newborn Sweepstakes. Born at Northside Hospital in December 2024, Sinclair will receive a $5,529 contribution to his Path2College 529 plan. Since launching in 2011, the Newborn Sweepstakes has awarded nearly $77,000 to 14 Georgia recipients. Georgia's Path2College 529 Plan announced today that a Mableton baby, Sinclair Lewis, has won the 2024 Path2College Newborn Sweepstakes. Born at Northside Hospital in December 2024, Sinclair will receive a $5,529 contribution to his Path2College 529 plan. Share 'Sinclair has been beating odds since the day he was born. He made his entrance into the world 10 weeks early — he was small but mighty at 2.7 lbs. During his time in the Neonatal Intensive Care Unit, he surprised everyone with his strength and determination,' said Sinclair's parents, Travis and Lindsay Lewis. 'That same spirit continues to shine in everything Sinclair does today, whether it's reaching milestones ahead of schedule, or this incredible scholarship opportunity. We are so very proud of him and grateful for this moment. It's an amazing jumpstart to our child's path toward higher education.' 'We offer our congratulations to our 2024 Newborn Sweepstakes winner, Sinclair Lewis, and his family. We are proud to help contribute to his educational journey,' said Georgia State Treasurer Steve McCoy. The Path2College 529 Plan has expanded the 2025 Newborn Sweepstakes from one winner to two to help more parents, grandparents, and guardians prioritize early financial planning for college and K-12 expenses*. 2025 NEWBORN SWEEPSTAKES ENTRY NOW OPEN Sweepstakes #1: Georgia families with babies born between January 1 and June 30, 2025 have until September 30, 2025, to enter. Sweepstakes #2: Georgia families with babies born between July 1 and December 31, 2025 have until March 31, 2026, to enter. Visit for official rules and prize details. No purchase necessary, void where prohibited by law. The Newborn Sweepstakes is sponsored by the Path2College 529 Plan. For more information about the Path2College Plan or to open an account, please visit or call (877) 424-4377. *K-12 withdrawals are limited to $10,000 per year for K-12 tuition. Withdrawals for tuition expenses at a public, private or religious elementary, middle, or high school can be withdrawn free from federal and Georgia income tax. If you are not a Georgia taxpayer, these withdrawals may include recapture of tax deduction, state income tax as well as penalties. You should consult with a qualified professional about how tax provisions affect your circumstances. To learn more about Georgia's Path2College 529 Plan ('Plan'), its investment objectives, risks, charges and expenses see the Plan Description at before investing. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the Path2College 529 Plan. 4580372.

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