Latest news with #Lichter
Yahoo
4 days ago
- General
- Yahoo
‘We won't tolerate it': Immigration lawyer, AG Weiser weigh in on Boulder attack
BOULDER, Colo. (KDVR) — Attorney General Phil Weiser says he is shaken by the attack in Boulder — another premeditated attack that Weiser says could have been avoided. 'What didn't happen here that we're going to be looking at, just like with the Boulder King Sooper shooting, is did someone know something and didn't know who to talk to?' Weiser said. Suspect charged with federal hate crime after attacking pro-Israel group in Boulder According to federal immigration officials, Mohamed Sabry Soliman entered the country in 2022 on a B-2 tourist visa, which is used for tourists from outside the United States to visit. The visa expired in 2023, and he applied for asylum and was awaiting approval. Asylum could take weeks, months, or in some cases, years to get approved, according to immigration lawyer Laura Lichter. 'The fact that they've applied for asylum does not necessarily protect them against deportation unless an immigration judge finds that there's a reason that that person would fear harm if they were sent back to their home country,' Lichter said. Lichter said it is up to the federal government as this case goes forward. 'It's up to the government to let that criminal process go to conclusion before they take action against the person in terms of any immigration case,' Lichter said. Weiser says he will be working with the Boulder District Attorney with the support he needs to ensure justice is served. Emergency fund created for victims, Jewish safety after Boulder terrorist attack 'We're taking action, and we hold this individual account to make a strong statement. We won't tolerate it,' Weiser said. Litcher said that immigration issues can be very complicated and Soliman's future could change depending on what happens in the days ahead with his trial and decisions made at the federal level. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
09-05-2025
- Business
- Yahoo
Hall of Fame Resort Going Private for Pennies, Market Approves
Hall of Fame Resort & Entertainment is closing the books on its five-year run as a publicly traded company, as the Canton, Ohio, sports project has agreed to sell itself for 90 cents a share to real estate developer Stuart Lichter, the business' largest shareholder. Lichter is the founder of Industrial Realty Group (IRG), a Los Angeles-based real estate developer, and he formed Hall of Fame Resort in 2016 as a football-themed development adjacent to the Pro Football Hall of Fame, a separate entity that partnered with IRG. He is the majority shareholder of Hall of Fame Resort after steadily acquiring more stock to prop up the company, which means the deal is effectively done since he has the votes for shareholder approval. However, Hall of Fame notes the transaction is contingent on Lichter being able to obtain $20 million in financing, being able to restructure the company's lease and securing a further $125 million in project financing. More from Take-Two Shares Drop on GTA's 'Perfect Track Record of Delays' Sports Cards Lead eBay Growth as Goldin, PSA Drive Volume Trump Tariffs Hit Big Names as Sports Stocks Flounder in April Hall of Fame Resort & Entertainment went public in 2020 in a special purpose acquisition company (SPAC) merger. Because of reverse share splits done over the years to maintain a minimum stock price as required by the Nasdaq Stock Market, the initial share price is now equivalent to more than $270, according to data from That means the 90-cents-a-share offer is a 99.7% decrease in share value in five years. Most of the loss will be felt by Lichter; based on shareholding disclosures as of October, the executive owned more than 70% of shares, with Hall of Fame Resort management owning about another 1.5% of shares themselves. Wall Street appeared to be warming to the deal's viability, based on Thursday trading. Hall of Fame shares started trading at 75 cents before closing at 84 cents, still more than a nickel below the offering price but a 20% increasing value. Typically shares will jump to or close to a buyout price if traders are confident a deal will go through as proposed.(This story has been updated in the headline and final paragraph with details of the company's stock price.) Best of Most Expensive Sports Memorabilia and Collectibles in History The 100 Most Valuable Sports Teams in the World NFL Private Equity Ownership Rules: PE Can Now Own Stakes in Teams 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
