NEW YORK, June 18, 2018 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware against Financial Engines, Inc. (“Financial Engines” or the “Company”) (Nasdaq:FNGN) on behalf of a class consisting of all public stockholders of Financial Engine in connection with alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) pertaining to the proposed acquisition of the Company by affiliates of Hellman & Friedman, Edelman Financial, L.P. (“Parent”) and Flashdance Merger Sub, Inc. (“Merger Sub”). On April 29, 2018, Financial Engines’ Board of Directors caused the Company to enter into an agreement and plan of merger (the “Merger Agreement”). Pursuant to the terms of the Merger Agreement, if the Proposed Transaction is approved by Financial … [Read more...] about Gainey McKenna & Egleston Announces that Class Action Lawsuit Has Been Filed Against Financial Engines, Inc. (FNGN) And Its Directors
NEW YORK, June 18, 2018 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP reminds investors of the important June 22, 2018 lead plaintiff deadline in the class action lawsuit against Edge Therapeutics, Inc. (“Edge” or the “Company”) (NASDAQ:EDGE). The lawsuit seeks to recover damages on behalf of those who purchased the securities of Edge between December 29, 2017 and March 27, 2018, both dates inclusive (the “Class Period”). To join the Edge class action, and/or if you have information relating to this matter, please visit our EDGE SHAREHOLDER PAGE or contact Daniel Sadeh toll free at (877) 779-1414 or [email protected] According to the lawsuit, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s lead product candidate EG-1962 would likely fail a futility analysis in connection with the NEWTON 2 study; and (2) as a result, the Company’s financial statements and … [Read more...] about Edge Deadline: Bernstein Liebhard LLP Reminds Investors of Important Deadline in Securities Class Action Against Edge Therapeutics, Inc.
/EIN News/ -- EAGLE POINT, Ore., June 18, 2018 (GLOBE NEWSWIRE) -- Grow Condos, Inc., (OTCPK:GRWC) announces that all notes issued pursuant to the Company's 2016 debt offerings have been retired and the Company has no further obligations under the notes of those offerings. "We're excited to have this convertible debt fully retired as we continue to strengthen Grow Condos’ balance sheet and drive shareholder value," Chief Executive Officer Wayne Zallen stated. "Our stock had been under enormous pressure due to the large amount of debt converted into shares and introduced into the market, and the dilution of the stock has been a concern to us and all of our shareholders. To see the conclusion is a relief to all of us. We are aware that going forward we will need to generate sufficient revenues to become self-financing. Should we need capital to fund future operations, we will strive to be more judicious in the terms of such financing. We are confident … [Read more...] about Grow Condos, Inc. Fully Retires Convertible Debt
DALLAS, June 18, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- MedCareers Group, Inc. (OTC pink:MCGI) is pleased to announce that it has entered into a binding letter of intent (“LOI”) with The 4 Less Corp. (“4Less”), owner of several branded ecommerce web sites including their flag ship web site Liftkits4less.com (www.liftkits4less.com) (“Liftkits”), to acquire one hundred percent of the company. Per the binding LOI, and subject to satisfactory due diligence, MCGI will enter into a definitive agreement with 4Less within the next one hundred and twenty days to finalize the acquisition. /EIN News/ -- 4Less operates in the $43 billion specialty aftermarket auto parts industry and has quickly grown into one of the largest on-line sellers of Jeep, Truck and SUV suspension systems and related accessories targeting direct to consumer and installation shops here in the US and ships worldwide. 4Less established www.LiftKits4Less.com … [Read more...] about MedCareers Group, Inc. Signs Binding Agreement with The 4 Less Corp.
DAYTONA BEACH, Fla., June 18, 2018 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Craig S. Balco, Sr. and Christopher L. Fuller, the principals of C & C Risk Services, LLC, today announced that a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of C & C Risk Services. Founded in 2013 by Craig Balco and Chris Fuller, C & C Risk Services is a managing general agent providing excess public entity insurance coverage to municipalities in Texas and Florida. The firm has annual revenues of approximately $1 million. Following the acquisition, C & C Risk Services will operate as part of Brown & Brown’s Wholesale Brokerage Division from its existing Texas and Florida locations. Anthony T. Strianese, President of Brown & Brown’s Wholesale Brokerage Division, stated, “Craig and Chris bring great experience and expertise in the excess public … [Read more...] about Brown & Brown, Inc. Announces the Asset Acquisition of C & C Risk Services, LLC