Latest news with #Twigg

IOL News
26-05-2025
- IOL News
Four injured, officer wounded as weekend violence escalates
Police officers responded to a weekend of violence in Cape Town, with multiple shootings leaving four injured and one dead. Police and emergency teams had their hands full this weekend after four people were shot in one incident, alongside a separate case involving a wounded police officer and a murdered security guard. Police were called to Spandua Road in Eerste River just before midnight on Saturday, where they found four teenagers shot. The youngest victim, a 15-year-old boy, was wounded. Police spokesperson Sergeant Wesley Twigg said, 'Kleinvlei police registered four counts of attempted murder following a shooting incident in Spandua Road, Eerste River, on Saturday at about 11:50. pm 'Police members responded to a complaint of a shooting and upon arrival on the scene the victims were already taken to a medical facility in a private vehicle. 'The motive for the attack is believed to be gang related. The suspects fled the scene and they are yet to be arrested. 'Anyone with any information about this incident is kindly requested to contact Crime Stop on 08600 10111 or use the mobile application MySAPS anonymously.' In a separate incident on Friday, Delft Police registered an attempted murder case after a police constable stationed at Delft Police Station was wounded. The officer was ambushed while responding to a complaint about a car theft in Freedom Farm, Delft. Francois De Bruin, Public Relations Officer for the Delft Community Policing Forum, explained, 'The men and women in blue (SAPS) attended to a complaint when they came under attack. The injured constable was taken to a medical facility for treatment.' 'To CPF knowledge the circumstances surrounding this heinous, coward, barbaric incident is under investigation and arrests are yet to be made 'Delft CPF again appeals to the community and surrounding areas not to allow these attacks on our men and women in blue to continue in the way, it's been going these past few months.' In a third incident police attended a crime scene in Sneeuberg Road, Heideveld where a 33-year-old man was shot in the head on Saturday Twigg explained: 'The victim was taken to a medical facility for medical treatment where he later died due to his injuries. A murder case was registered for investigation.' At a fourth incident, police opened a case of murder where a security guard was shot and killed at a soccer stadium in Kayamandi just after 7pm. Twigg said the motive for the attack will form part of the investigation. Cape Argus
Yahoo
23-05-2025
- Business
- Yahoo
AbbVie Inc. (ABBV) Scores Major Legal Victory as Illinois Court Shuts Down $63 Billion Allergan Shareholder Lawsuit
AbbVie Inc. (NYSE:ABBV) has achieved a significant legal victory as the Illinois Appellate Court upheld the dismissal of a shareholder class action lawsuit stemming from its $63 billion acquisition of Allergan plc in 2020. The lawsuit, led by plaintiff Stephen Twigg on behalf of former U.S.-based Allergan shareholders, accused ABBV of improperly issuing unregistered shares during the merger. However, the appellate panel ruled that the share issuance was properly exempt under Section 3(a)(10) of the Securities Act of 1933, citing the fairness hearing held before Ireland's High Court as meeting all statutory requirements. The court emphasized that U.S. shareholders had the right to participate, including virtually, despite pandemic travel restrictions. The panel also rejected claims that AbbVie Inc. (NYSE:ABBV) failed to disclose objections from two dissenting FTC commissioners, noting those comments were public and had no bearing on the fairness of the transaction. Crucially, the court found Twigg had suffered no actual injury, as the AbbVie Inc. (NYSE:ABBV) shares he received increased in value by about $30 per share, making any reversal financially detrimental. This decision closes a major chapter of merger-related litigation and sets a precedent for future securities claims involving international fairness hearings. While we acknowledge the potential of ABBV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ABBV and that has 100x upside potential, check out our report about this READ NEXT: and Disclosure: None. 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


The Citizen
21-05-2025
- The Citizen
Cape Town police officers kidnapping foreign national
The officers allegedly approached a man at a supermarket and requested to see his asylum documentation. Two City of Cape Town Law Enforcement officers are facing serious criminal charges after allegedly kidnapping and extorting a foreign national, in an incident that occurred on Wednesday, 14 May. The suspects, aged 36 and 41, were arrested on Tuesday this week. They are facing charges of kidnapping and extortion after allegedly detaining the asylum seeker and demanding ransom for his release in Khayelitsha. The two law enforcement officers are scheduled to appear before the Khayelitsha Magistrate's Court on Thursday, 22 May, to face the charges formally. 'These officers will have their day in court where they will answer to the serious charges of kidnapping and extortion,' police spokesperson Sergeant Wesley Twigg stated. #sapsWC Two City of Cape Town Law Enforcement officers are facing serious criminal charges following an incident that occurred on Wednesday, 14/05 at a supermarket in iLitha Park, Khayelitsha. The suspects, aged 36 and 41, were arrested on Tuesday, 20 May 2025, and are facing… May 21, 2025 Cape Town police kidnapping incident at Khayelitsha supermarket According to Twigg, the incident unfolded at a supermarket in iLitha Park, Khayelitsha, where the officers confronted a man regarding his documentation status. 'The officers approached the individual at the supermarket and requested to see his asylum documentation,' said Twigg. 'When the man was unable to produce the required documents, they allegedly instructed him to accompany them.' Instead of following proper legal procedures, the officers allegedly held the man against his will and made financial demands for his release. 'The officers later demanded a ransom for the victim's release, contacting his brother to arrange payment,' Twigg explained. ALSO READ: Four suspects arrested in connection with fatal kidnapping case in Western Cape Foreign national ransom payment release The situation escalated when the victim's family was forced to gather funds to secure his freedom. 'The victim's brother managed to gather an undisclosed amount of cash, which he handed over to the officers,' said Twigg. 'Only after receiving this payment did they release the victim.' ALSO READ: Are you the real Godfrey Lebeya? Fake Hawks head extorts more than R100k Cape Town officers arrested for extortion The case was investigated by a coalition of specialised law enforcement units working together to apprehend the suspects. 'Members of the Provincial Organised Crime Investigation Unit, Anti-Kidnapping Task Team, POCC Operational Combat Task Team, Cape Town K9 Unit, and the City of Cape Town's Special Investigations Unit conducted the arrests after the officers were positively identified by the complainant,' Twigg confirmed. Following thorough investigation procedures, legal steps were taken to apprehend the suspects. 'The investigating officer applied for arrest warrants, which were subsequently granted by the court, allowing us to take the suspects into custody,' said Twigg. NOW READ: Man arrested for using fake Facebook profile to lure, kidnap, and rape women

IOL News
20-05-2025
- IOL News
Woman fatally shot outside Blue Downs Magistrate's Court in Cape Town
A woman shot metres from the Blue Downs Magistrate's Court on Monday. She had been returning to her car after court when she came under gunfire. Picture: File A 25-year-old woman was killed outside Blue Downs Magistrate's Court in Cape Town on Monday afternoon. Western Cape police said Mfuleni police are investigating the circumstances surrounding a shooting incident in which a female was shot and fatally wounded in Bentley Road, Blue Downs, at around midday. It is understood that the woman was returning from the court and walking to her car when she came under fire. The car, a red VW Polo, had been peppered with bullets. Police spokesperson Sergeant Wesley Twigg said police members responded to a complaint of a shooting, and upon arrival on the scene, they found the victim inside a vehicle with gunshot wounds to her body. "The victim was declared deceased on the scene by medical personnel. The motive for the attack forms part of the police investigation, and arrests are yet to be made." Twigg said a murder case is being investigated. Anyone with any information about this shooting incident is kindly requested to contact Crime Stop on 08600 10111 or use the mobile application MySAPS. Cape Argus

IOL News
20-05-2025
- IOL News
Shooting outside Blue Downs Magistrate Court: Woman found dead in car
IOL A woman shot metres from the Blue Downs Magistrate's Court on Monday. She had been returning to her car after court when she came under gunfire. Picture: File A 25-year-old woman was killed outside Blue Downs Magistrate's Court in Cape Town on Monday afternoon. Western Cape police said Mfuleni police are investigating the circumstances surrounding a shooting incident in which a female was shot and fatally wounded in Bentley Road, Blue Downs, at around midday. It is understood that the woman was returning from the court and walking to her car when she came under fire. The car, a red VW Polo, had been peppered with bullets. Police spokesperson Sergeant Wesley Twigg said police members responded to a complaint of a shooting, and upon arrival on the scene, they found the victim inside a vehicle with gunshot wounds to her body. "The victim was declared deceased on the scene by medical personnel. The motive for the attack forms part of the police investigation,n and arrests are yet to be made." Twigg said a murder case is being investigated. Anyone with any information about this shooting incident is kindly requested to contact Crime Stop on 08600 10111 or use the mobile application MySAPS