Concord Acquisition Corp (NYSE: CND) announced individual trading of its class A common stock and warrants from the end of January 2021. After the separation, an announcement was made that only whole warrants would trade, and no fractional warrants will be issued. While the non-separated units continue to trade on the New York Stock Exchange (NYSE) under the ticker symbol CND.U, the warrants that are separated and the Class A common stock are listed as CND WS and CND.
Southwestern Energy Company (NYSE: SWN) is under investigation by Halper Sadeh LLP
Southwestern Energy Company (NYSE: SWN) is under investigation by Halper Sadeh LLP. The law firm is investigating whether the company is involved in potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its acquisition of Indigo Natural Resources, LLC for approximately $2.7 billion. The merger is comprised of cash, Southwestern Energy common stock, and the assumption of senior notes.
RLX Technology Inc – ADR (NYSE: RLX) is under the legal scanner
RLX Technology Inc – ADR (NYSE: RLX) is under the legal scanner. It has come to light that law firm Jakubowitz Law has filed a lawsuit against the company. The law firm has initiated a class-action lawsuit against the company on behalf of stakeholders. Those who purchased RLX Technology Inc – ADR shares and wished to initiate action against the company can contact the law firm.
Kindred Biosciences Inc (NASDAQ: KIN) alleged of violated the federal securities laws
Kindred Biosciences Inc (NASDAQ: KIN) is in the news. It is alleged that the company could have either violated the federal securities laws or could have breached their fiduciary duties. The allegations are hurled against the company in connection with Elanco Animal Health Inc (NYSE: ELAN). In addition, law firm Bragar Eagel & Squire has raised concerns that KindredBio’s board of directors gave in to an unfair merger agreement. The same prompted the law firm to probe all aspects that are connected with the deal.