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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Informatica Inc. (NYSE – INFA), Landsea Homes Corporation (Nasdaq – LSEA), AvidXchange Holdings, Inc. (Nasdaq – AVDX), FARO Technologies, Inc. (Nasdaq – FARO)
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Informatica Inc. (NYSE – INFA), Landsea Homes Corporation (Nasdaq – LSEA), AvidXchange Holdings, Inc. (Nasdaq – AVDX), FARO Technologies, Inc. (Nasdaq – FARO)

Business Upturn

time5 days ago

  • Business
  • Business Upturn

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Informatica Inc. (NYSE – INFA), Landsea Homes Corporation (Nasdaq – LSEA), AvidXchange Holdings, Inc. (Nasdaq – AVDX), FARO Technologies, Inc. (Nasdaq – FARO)

BALA CYNWYD, Pa., June 04, 2025 (GLOBE NEWSWIRE) — Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you. Informatica Inc. (NYSE – INFA) Under the terms of the Merger Agreement, Informatica will be acquired by Salesforce (NYSE – CRM) for $25.00 per share in cash. The investigation concerns whether the Informatica Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the consideration provides fair value to the Company's shareholders. For example, the deal consideration is less than the 52-week of $31.65 for the Company's stock. Additional information can be found at Landsea Homes Corporation (Nasdaq – LSEA) Under the terms of the agreement, Landsea Homes will be acquired by New Home Co. ('New Home') for $11.30 per share in cash. The investigation concerns whether the Landsea Homes Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders. For example, the deal consideration is below the 52-week high of $14.04 for the Company's shares. Additional information can be found at AvidXchange Holdings, Inc. (Nasdaq – AVDX) Under the terms of the agreement, AvidXchange Holdings will be acquired by TPG (Nasdaq – TPG) for $10.00 a share in cash in a transaction that values AvidXchange Holdings at $2.2 billion. The investigation concerns whether the AvidXchange Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders. Additional information can be found at FARO Technologies, Inc. (Nasdaq – FARO) Under the terms of the Merger Agreement, FARO will be acquired by AMETEK, Inc. (NYSE – AME) for $44 per share in cash. The investigation concerns whether the FARO Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company's shareholders in the combined company. Additional information can be found at Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

US-Iran nuclear talks resume in Rome; Netanyahu blasts Western leaders over Gaza rhetoric
US-Iran nuclear talks resume in Rome; Netanyahu blasts Western leaders over Gaza rhetoric

Al Arabiya

time23-05-2025

  • Business
  • Al Arabiya

US-Iran nuclear talks resume in Rome; Netanyahu blasts Western leaders over Gaza rhetoric

In this episode of W News, presented by Leigh-Ann Gerrans, US and Iranian officials are set to resume nuclear talks in Rome amid sharp disagreements over uranium enrichment and economic sanctions, with Jason Brodsky analyzing what's at stake. We also unpack the implications of a major Russia-Ukraine prisoner swap with insight from John Kavulich, and report on Israeli Prime Minister Netanyahu's escalating rhetoric against UK and Western leaders, with live updates from correspondent Olly Barratt and frontline accounts from Dr. Tom Potokar in Gaza. The show also covers the Trump administration's clampdown on international students at Harvard, featuring commentary from Ellie Cohanim, and the surging price of Bitcoin past $112,000, with Carina Kamel tracking the market fallout live from London. Guests: Jason Brodsky – Policy Director, United Against Nuclear Iran John Kavulich – President, US-Cuba Trade and Economic Council Olly Barratt – FSN Correspondent, London Dr. Tom Potokar – Founder, The Centre for Global Burn Injury Policy & Research Carina Kamel – Correspondent, London

Major Israeli Attack Destroys Yemen's Sanaa International Airport
Major Israeli Attack Destroys Yemen's Sanaa International Airport

Gulf Insider

time07-05-2025

  • Politics
  • Gulf Insider

Major Israeli Attack Destroys Yemen's Sanaa International Airport

Israel's air force has continued a second day of large-scale attacks on Yemen, targeting the leadership and infrastructure of the Ansarallah movement, or Houthis, after the Sunday Houthi ballistic missile strike on Israel's Ben Gurion international airport in Tel Aviv. Huge plumes of black smoke have been observed rising above the Houthi-controlled airport area in the capital of Sana'a. Prior Israeli strikes, with US backing, focused on the vital port of Hodeidah. Video of airstrikes by #Israel on the #Houthis-controlled Sanaa International Airport in #Yemen. — Jason Brodsky (@JasonMBrodsky) May 6, 2025 Within a couple hours before the Tuesday Israeli strikes on Sana'a commencing, the IDF military issued an evacuation warning for Yemen's Sana'a International Airport, stated that being near it 'exposes you to danger.' This warning was given because Israel is fully aware that this is a civilian aviation hub. However, Israeli officials have accused the Houthis of using it as a military base and staging ground. 'We call upon you to evacuate the airport area — Sana'a International Airport — immediately and warn everyone in your vicinity of the need to evacuate this area immediately,' the IDF's Arabic spokesman warned earlier Tuesday. 'Failure to evacuate and move away from the place exposes you to danger.' Several power stations in the area of the Yemeni capital have also been hit, initial reports say. 'Among the targets were the Dhahban and Haiz power stations, a cement plant in Amran, and civilian aircraft and terminals at the airport,' according to regional media. BREAKING | Large fires have broken out as a result of Israel's attacks on different areas in Yemen's capital Sanaa, including the airport. — The Cradle (@TheCradleMedia) May 6, 2025 The IDF has previously alleged that the Houthis use cement from the targeted factory to erect tunnels and military infrastructure, amid international criticism accusing Israel of destroying vital civilian infrastructure. Click here to read more Also read: Israel Approves 'Conquering Gaza, Holding Territories' Ahead Of Trump's Mideast Trip

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Radius Recycling, Inc. (Nasdaq - RDUS), Vacasa, Inc. (Nasdaq - VCSA), Walgreens Boots Alliance (Nasdaq - WBA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Radius Recycling, Inc. (Nasdaq - RDUS), Vacasa, Inc. (Nasdaq - VCSA), Walgreens Boots Alliance (Nasdaq - WBA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)

Associated Press

time17-03-2025

  • Business
  • Associated Press

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Radius Recycling, Inc. (Nasdaq - RDUS), Vacasa, Inc. (Nasdaq - VCSA), Walgreens Boots Alliance (Nasdaq - WBA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)

BALA CYNWYD, Pa., March 17, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected]) or Marc Ackerman ( [email protected]) at 855-576-4847. There is no cost or financial obligation to you. Radius Recycling, Inc. (Nasdaq - RDUS) Under the terms of the agreement, Radius Recycling will be acquired by Toyota Tsusho America, Inc. ('TAI'), a U.S. subsidiary of Toyota Tsusho Corporation for $30.00 per share in cash. The investigation concerns whether the Radius Recycling Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at Vacasa, Inc. (Nasdaq - VCSA) Under the terms of the agreement, Vacasa will be acquired by Casago for $5.30 per share in cash. The investigation concerns whether the Vacasa Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal price provides fair value to Company shareholders. Additional information can be found at Walgreens Boots Alliance (Nasdaq - WBA) Under the terms of the Merger Agreement, WBA will be acquired by Sycamore Partners for $11.45 per share in cash at closing of the Sycamore transaction and one non-transferable right to receive up to $3.00 in cash per WBA share. The investigation concerns whether the WBA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal price provides fair value to Company shareholders. Additional information can be found at . Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY) Under the terms of the agreement, Logility will be acquired by Aptean for $14.30 per share in cash. The investigation concerns whether the Logility Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at . Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Chimerix, Inc. (Nasdaq - CMRX), Siyata Mobile Inc. (Nasdaq - SYTA), Bridge Investment Group Holdings Inc. (NYSE - BRDG), Intevac, Inc. (Nasdaq - IVAC)
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Chimerix, Inc. (Nasdaq - CMRX), Siyata Mobile Inc. (Nasdaq - SYTA), Bridge Investment Group Holdings Inc. (NYSE - BRDG), Intevac, Inc. (Nasdaq - IVAC)

Associated Press

time05-03-2025

  • Business
  • Associated Press

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Chimerix, Inc. (Nasdaq - CMRX), Siyata Mobile Inc. (Nasdaq - SYTA), Bridge Investment Group Holdings Inc. (NYSE - BRDG), Intevac, Inc. (Nasdaq - IVAC)

BALA CYNWYD, Pa., March 05, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected]) or Marc Ackerman ( [email protected]) at 855-576-4847. There is no cost or financial obligation to you. Chimerix, Inc. (Nasdaq - CMRX) Under the terms of the agreement, Chimerix will be acquired by Jazz Pharmaceuticals plc ('Jazz') (Nasdaq - JAZZ) for $8.55 per share in cash for each Chimerix share, representing a total consideration of approximately $935 million. The investigation concerns whether the Chimerix Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at Siyata Mobile Inc. (Nasdaq - SYTA) Under the terms of the agreement, Siyata will be acquired by Core Gaming, Inc. ('Core Gaming'). In exchange for the outstanding shares of Core Gaming, Siyata will issue common shares to the shareholders of Core Gaming based on an exchange ratio calculated as $160,000,000 divided by the volume-weighted average closing price (VWAP) of Siyata's common shares on the Nasdaq Stock Market LLC for the 10-day trading period immediately preceding the effective time of the merger. The investigation concerns whether the Siyata Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at Bridge Investment Group Holdings Inc. (NYSE - BRDG) Under the terms of the agreement, Bridge will be acquired by Apollo (NYSE - APO). Bridge stockholders and Bridge OpCo unitholders will receive, at closing, 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively, valued by the parties at $11.50 per each share of Bridge Class A common stock and Bridge OpCo Class A common unit, respectively. The investigation concerns whether the Bridge Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at . Intevac, Inc. (Nasdaq - IVAC) Under the terms of the Merger Agreement, Intevac will be acquired by Seagate Technology Holdings plc ('Seagate') (Nasdaq - STX) for $4.00 per share in cash for each Intevac share. In connection with the closing of the Transaction, Intevac will pay a one-time special dividend of $0.052 per share. The investigation concerns whether the Intevac Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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