Tag: court
Orange Capital Announces Opposition to Merger of AR Global-Managed REITs
Orange Capital Ventures LP, a New York-based investment firm, released a detailed presentation outlining why it intends to vote against the proposed merger of Global...
AR Global and Blackwells Capital End War Over GNL and RTL
Global Net Lease Inc. (NYSE: GNL) and The Necessity Retail REIT Inc. (NASDAQ: RTL) with the REIT’s external manager, AR Global, announced that they...
GNL and RTL Definitive Merger Agreement Slammed by Activist Investor Blackwells
Global Net Lease Inc. (NYSE: GNL) and The Necessity Retail REIT Inc. (NASDAQ: RTL) announced that they have entered into a definitive merger agreement,...
Proxy Advisory Firms Recommend Against AR Global Directors of GNL and...
Proxy advisory firms Institutional Shareholder Services and Glass Lewis urged shareholders in Global Net Lease Inc. (NYSE: GNL) and Necessity Retail REIT Inc. (NASDAQ:...
AR Global Rebuffed by Federal Judge in Fight Against Blackwells Capital
Blackwells Capital LLC, was vindicated last week by a New York federal judge who rejected The Necessity Retail REIT Inc. (NASDAQ: RTL) and Global...
SEC Enforcement Actions Increase 9% in 2022, Record Monetary Penalties Issued
The Securities and Exchange Commission announced that it filed 760 total enforcement actions during fiscal year 2022, a 9% increase over 2021. Monetary penalties...
SEC Loses Legal Battle Against Tennessee RIA
After three years in a legal battle with the Securities and Exchange Commission, CapWealth Advisors found favor from a jury in Tennessee’s middle district.
The...
SEC “Gag Orders” Blasted by Federal Judge
U.S. District Judge Ronnie Abrams blasted the Securities and Exchange Commission’s policy that routinely requires defendants that agree to “no admit, no deny” settlements...
SEC Obtains Judgment Against Attorney Charged with Multi-Million Dollar Offering Fraud
The United States District Court for the Eastern District of New York has entered a final judgment against Shimon Rosenfeld, a Brooklyn-based attorney who...
Texas Supreme Court Denies Kyle Bass Petition to Review, UDF Lawsuit...
A lawsuit filed by United Development Funding L.P. against Kyle Bass and his hedge fund Hayman Capital will proceed in the trial court after...
SEC Charges Unregistered Broker Who Sold Woodbridge and 1 Global Fraudulent...
The Securities and Exchange Commission has charged Henry J. "Trae" Wieniewitz, III and his Knoxville, Tennessee-based company, Wieniewitz Financial LLC, for unlawfully offering and...
