The Gross Law Firm Announces Class Actions on Behalf of Shareholders of TCMD, RTX and YY

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November 30, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / November 30, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Tactile Systems Technology, Inc. (NASDAQ:TCMD)

Investors Affected : May 7, 2018 – June 8, 2020

A class action has commenced on behalf of certain shareholders in Tactile Systems Technology, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) while Tactile publicly touted a $4 plus billion or $5 plus billion market

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BNY Mellon High Yield Strategies Fund Announces Change in Leverage Providers

NEW YORK–(BUSINESS WIRE)–BNY Mellon High Yield Strategies Fund (NYSE: DHF) (the “Fund”) today announced entry into a new credit facility of up to $125 million with BNP Paribas Prime Brokerage International Limited. The new credit facility replaces the credit facility with the Fund’s previous credit facility provider.

The credit facility is evergreen, subject to standard notice and termination provisions, and is secured by the Fund’s investments. Borrowings under the new credit facility are at an interest rate of 1-month LIBOR + 90 basis points. Additional information about the Fund and its use of leverage can be found in the Fund’s annual and semi-annual shareholder reports, which are available on the Fund’s website at https://im.bnymellon.com/us/en/products/closed-end-funds.jsp. Information about the new credit facility will be available in the Fund’s next semi-annual shareholder report.

Forward Looking Statements

This press release may contain forward-looking statements. Actual future results or occurrences may differ significantly

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Axalta Coating Systems announces Jeremy Rohen to lead Strategy and Business Development

PHILADELPHIA, Nov. 30, 2020 /PRNewswire/ — Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that Jeremy Rohen is joining Axalta as Senior Vice President, Strategy and Business Development, effective January 18, 2021, and will report to Axalta’s President and CEO, Robert W. Bryant.

“Jeremy will lead our enterprise strategy development and mergers and acquisitions function globally and work with our global business leaders to identify potential partnerships, acquisitions and alternative strategies to drive Axalta’s future growth,” said Bryant.  “Jeremy is a world-class M&A leader with experience in transformative deals and has a strong background in strategy development. He will work closely with our business leadership to accelerate growth and will be a great addition to our leadership team.”

Rohen will join Axalta after more than 10 years with W. R. Grace & Co., a leading global specialty chemical company, where he leads corporate development, M&A and investor

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Croesus announces the appointment of Mr. Matthieu Cardinal as Vice-president, Business Development and Strategic Partnerships

MONTRÉAL, Nov. 30, 2020 /CNW Telbec/ – Croesus president Mr. Sylvain Simpson is pleased to announce the appointment of Mr. Matthieu Cardinal as Vice-president, Business Development and Strategic Partnerships. Mr. Cardinal will assume responsibilities for Croesus’s sales, marketing, client account management, and external partnerships on January 6, 2021.

“Following a rigorous selection process, Croesus’s management team and board of directors approved the appointment of Mr. Cardinal, a recognized leader in the FinTech sector in Quebec and Canada. He has the qualities and skills needed to fill this new strategic position, which will help the company fulfill its growth and community involvement objectives,” said Mr. Simpson.

Mr. Cardinal expressed his pleasure with the appointment. “I am very excited to contribute to Croesus’s success. This Quebec FinTech has paved the way for many others, and I look forward to working with the existing team to meet the challenges ahead. Considering

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Fang Holdings Limited Announces Receipt of Non-Binding “Going Private” Proposal

BEIJING, Nov. 30, 2020 /PRNewswire/ — Fang Holdings Limited (NYSE: SFUN) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced that its board of directors (the “Board”) has received a preliminary and non-binding proposal letter, dated November 30, 2020, from General Atlantic Singapore Fund Pte. Ltd. (together with its affiliated investment entities, “General Atlantic”, as the “Proposing Buyer”), a company incorporated in Singapore, proposing to acquire all of the outstanding shares (the “Shares”) and American Depositary Shares (the “ADSs”, each representing ten Class ordinary shares) of the Company not currently owned by the Proposing Buyer in a “going-private” transaction for US$1.468 per Share (or US$14.68 per ADS) in cash, subject to certain conditions. The US$1.468 per Share (or US$14.68 per ADS) price represents a premium of approximately 20% to the closing price of the Company’s ADS on November 27,

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China Customer Relations Centers, Inc. Announces Receipt of Preliminary Non-Binding “Going Private” Proposal and Formation of Special Committee

TAI’AN, China, Nov. 30, 2020 /PRNewswire/ — China Customer Relations Centers, Inc. (Nasdaq: CCRC) (“CCRC” or the “Company“), a leading e-commerce and financial services business process outsourcing (“BPO“) service provider in China, today announced that its board of directors (the “Board“) has received a preliminary non-binding proposal letter dated November 27, 2020 jointly submitted by its founder and chairman of the Board, Mr. Zhili Wang, Mr. Debao Wang, Mr. Guoan Xu, Mr. Qingmao Zhang, Mr. Long Lin, Mr. Jishan Sun and their respective affiliated entities (collectively, the “Buyer Group“), to acquire all of the outstanding shares of the Company not already owned by the Buyer Group in a going private transaction for $5.37 per share in cash (the “Proposal”). A copy of the proposal letter is attached hereto as Annex A.

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Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project

CALGARY, AB, Nov. 30, 2020 /PRNewswire/ – OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) (“Obsidian Energy” or the “Company“) today announced an update to its 2020 capital spending plan due to the re-initiation of our Cardium development program.

Obsidian Energy will increase its 2020 capital program by $3.2 million to commence drilling activity on the first pad within our Central Alberta Willesden Green asset. “With the improvement in commodity prices, we are excited to return to drilling in our high-return Willesden Green asset base where we have had tremendous success since launching our fast-track program during the second half of 2018”, said Stephen Loukas, Obsidian Energy’s Interim President and CEO. “We will begin drilling on the three well pad in early December, and as we look forward into 2021, we continue to assess commodity prices against our significant portfolio of development opportunities and expect  

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China Customer Relations Centers, Inc. Announces Receipt of Preliminary Non-Binding “Going Private” Proposal and Formation of Special Committee | News

TAI’AN, China, Nov. 30, 2020 /PRNewswire/ — China Customer Relations Centers, Inc. (Nasdaq: CCRC) (“CCRC” or the “Company“), a leading e-commerce and financial services business process outsourcing (“BPO“) service provider in China, today announced that its board of directors (the “Board“) has received a preliminary non-binding proposal letter dated November 27, 2020 jointly submitted by its founder and chairman of the Board, Mr. Zhili Wang, Mr. Debao Wang, Mr. Guoan Xu, Mr. Qingmao Zhang, Mr. Long Lin, Mr. Jishan Sun and their respective affiliated entities (collectively, the “Buyer Group“), to acquire all of the outstanding shares of the Company not already owned by the Buyer Group in a going private transaction for $5.37 per share in cash (the “Proposal”). A copy of the proposal letter is attached hereto as Annex A.

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IG Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, …

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

New York, NY, Nov. 20, 2020 (GLOBE NEWSWIRE) — IG Acquisition Corp. (NASDAQ: IGACU) (the “Company”) announced that, commencing November 23, 2020, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Class A common stock and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “IGAC” and “IGACW,” respectively. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “IGACU.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of

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Pomerantz Law Firm Announces the Filing of a Class Action against Fortress Biotech, Inc. Certain Officers – FBIO

NEW YORK, Nov. 27, 2020 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Fortress Biotech, Inc.  (“Fortress” or the “Company”) (NASDAQ: FBIO) and certain of its officers.  The class action, filed in United States District Court for the Eastern District of New York, and docketed under 20-cv-05767, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Fortress securities between December 11, 2019 and October 9, 2020, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Fortress securities during the

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