$HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Star Equity Holdings, Inc. (NASDAQ: STRR)
NYC, May 24, 2025 (GLOBE NEWSWIRE) -- NEW YORK, May 24, 2025 / GlobeNewswire/ --
Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the 'M&A Class Action Firm'), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Star Equity Holdings, Inc. (NASDAQ: STRR), relating to the proposed Merger with Hudson Globl, Inc. that will create NewCo. Upon completion of the Merger, Hudson shareholders will own approximately 79% of NewCo, and Star shareholders will own approximately 21% of NewCo's estimated 3.49 million shares outstanding. Pending regulatory and shareholder approvals, the proposed Merger is anticipated to close in the second half of 2025.
Click here for more info https://monteverdelaw.com/case/star-equity-holdings/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court?
When was the last time you recovered money for shareholders?
What cases did you recover money in and how much?
About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
30 minutes ago
- National Post
Samsara to Host Investor Day on June 24th, 2025
Article content SAN FRANCISCO — Samsara Inc. ('Samsara') (NYSE: IOT), the pioneer of the Connected Operations ® Platform, today announced that it will host its Investor Day on June 24th, 2025 from 2:30 – 5:00 p.m. Pacific Time (5:30 – 8:00 p.m. Eastern Time). Members of Samsara's executive leadership team, including Sanjit Biswas (CEO and Co-Founder), Kiren Sekar (Chief Product Officer), Amit Vyas (Chief Revenue Officer), and Dominic Phillips (Chief Financial Officer) will discuss updates to the company's vision, product platform, customer momentum, and financials. Article content A live webcast will begin at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) on June 24th, 2025. Registration for access to the webcast can be found at this link. Article content Article content A replay of the webcast will be available following the conclusion of the event at Article content About Samsara Article content Samsara (NYSE: IOT) is the pioneer of the Connected Operations ® Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. Article content Article content Article content Article content Article content Contacts
Globe and Mail
34 minutes ago
- Globe and Mail
Coinbase's Transaction Fees Improve: Will it Accelerate Growth?
Coinbase Global Inc. COIN generates the bulk of its revenues from transaction fees, its biggest but most volatile income source. Transaction revenues, which contribute over 50% of COIN's top line, are closely tied to trading volumes and are primarily earned from spot trades executed by both retail and institutional customers on its platform. International revenues comprised mainly transaction revenues. Transaction revenues increased 18.2% year over year to $1.3 billion in the first quarter of 2025, driven by a 26% increase in trading volume, which reflected both broader market momentum and Coinbase's rising market share in the United States. For the second quarter of 2025, COIN expects institutional transaction revenues to be impacted by $30 million to $40 million on a quarter-over-quarter basis. The surge in crypto trading activity, spurred by increasing adoption of Bitcoin ETFs and tokenized assets, continues to drive COIN's transaction-based income. To support long-term growth and improve crypto utility, Coinbase is investing in foundational infrastructure like Base, its Layer 2 Ethereum scaling solution. In 2024, Coinbase partnered with Stripe to integrate USDC on Base, advancing global crypto adoption. Additionally, the platform has broadened its asset offerings by launching tokenized equities such as cbXRP and cbDOGE on Base. Transaction revenues offer strong operating leverage, with profitability improving as volumes rise faster than costs as well as scale globally. While inherently sensitive to market conditions, this revenue stream continues to be a key growth engine. At the same time, Coinbase is steadily expanding its subscriptions and services segment to diversify income and enhance business resilience. What About COIN's Competitors? COIN competes with Robinhood Markets HOOD and Interactive Brokers Group, Inc. IBKR, two crypto-oriented companies. Transaction revenues, a key contributor to Robinhood Markets' growth, are driven by active retail trading in cryptocurrencies, options, and equities. Making up over 60% of its total revenues, these earnings reflect Robinhood's strong sensitivity to market fluctuations and the behavior of retail investors. Interactive Brokers Group's commission-based transaction revenues are a key driver of growth, reflecting its success in capitalizing on rising client trading activity. This high-margin revenue stream demonstrates strong operating leverage, as increased trading volumes translate into outsized revenue gains and improved profit margins. COIN's Price Performance Shares of COIN have gained 1.2% year to date, outperforming the industry. COIN's Expensive Valuation COIN trades at a price-to-earnings value ratio of 45.5, above the industry average of 18.72. But it carries a Value Score of F. Estimates Movement for COIN The Zacks Consensus Estimate for COIN's second-quarter and third-quarter 2025 EPS has moved down 47.1% and 37%, respectively, over the past 30 days. The same for full-year 2025 and 2026 has increased 52.3% and 16.7%, respectively. The consensus estimates for COIN's 2025 and 2026 revenues indicate year-over-year increases. While the consensus estimate for COIN's 2025 EPS indicates a decline, the same for 2026 EPS suggests an increase. COIN stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report
Globe and Mail
42 minutes ago
- Globe and Mail
Why Oklo Stock Is Powering Higher Today
Bouncing back from the 4.6% decline that they suffered during the first week of June, shares of Oklo (NYSE: OKLO) are off to an auspicious start this week. After learning of an analyst's positive outlook on the nuclear power upstart, investors clearly felt motivated to click the buy button on shares of the company developing small modular reactors. As of 3:17 p.m. ET, shares of Oklo are up 6.4%. Charged up about a bullish price target Upgrading it to buy from neutral, Seaport Research assigned a $71 price target on Oklo stock, according to The Fly. Based on Oklo's closing price of $50.29 on Friday, Seaport's price target implies upside of more than 41%. Seaport's more bullish opinion on Oklo is predicated on the fact that the company is now eligible for awards from the Defense Innovation Unit's Advanced Nuclear Power for Installations program, an encouraging sign that the company is more likely to win necessary approvals from the Nuclear Regulatory Commission. Oklo is developing small modular reactors that represent cleaner and more efficient nuclear energy solutions than traditional nuclear power plants. Is now a good time to buy Oklo stock? While Seaport Research sees an ample amount of upside to Oklo stock, investors should remember that the company is still not generating revenue. Sure, the company's technology is intriguing, and the fact that OpenAI founder Sam Altman was at the helm of Oklo as CEO from July 2021 to May 2024 is encouraging, but there's still a significant amount of risk tied to the stock. At this point, therefore, only those with significant risk tolerances should weigh a position in Oklo stock, while those who are committed to nuclear energy exposure but looking to mitigate risk will want to consider a more established company. Should you invest $1,000 in Oklo right now? Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor 's total average return is792% — a market-crushing outperformance compared to173%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
