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23andMe Taps Dechert To Review CEO Buyout Proposal

Law 360 M&A

A special committee of genetic testing company 23andMe has engaged Dechert LLP as its legal adviser and Wells Fargo as its financial adviser as it looks to review an anticipated buyout offer from its co-founder and CEO Anne Wojcicki, according to a statement Thursday.

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Wells Fargo, Morgan Stanley Upgrade Activision: What You Need To Know About The Microsoft Deal

Benzinga

Analysts at Wells Fargo & Co (NYSE: WFC ) and Morgan Stanley (NYSE: MS ) each gave Activision Blizzard Inc (NASDAQ: ATVI ) an updated price target of $95 per share Monday, following the news the buyout deal tendered by Microsoft Corp (NASDAQ: MSFT ) may be blocked. These 2 Companies Think. antitrust regulators.

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ISS Discusses Largest Securities-Related Class Action Settlements of 2023

Reynolds Holding

The high-profile securities class actions resolved in 2023 include two against Wells Fargo for an aggregate value of $1.3 billion, as well as a $450 million settlement with Kraft Heinz. Shareholders were represented by co-lead counsel firms Bernstein Litowitz Berger & Grossmann and Cohen Milstein Sellers & Toll.

Banking 59
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Corporate Culture and Financial Reporting Quality

Reynolds Holding

Corporate culture is an important determinant of companies’ behavior and success and, as a result, has drawn much attention, particularly from the business press. But while the broad impact of corporate culture is clear – it affects everything from ethics decisions (Audi et al. 2016) and economic performance (Guiso et al.

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ISS Discusses Human Rights-Related Shareholder Proposals

Reynolds Holding

companies, investors, consumers, NGOs, governments, intergovernmental organizations, etc.). Human rights issues present material risks to not only companies, but also to institutional investors, as reputational as well as regulatory and litigation risks, can impact both companies and their investors. Proposal Topic.

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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. Many are owned in whole or in part by governments (“national oil companies” or NOCs).

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SEC Announces Enforcement Results for Fiscal Year 2023

Reynolds Holding

The stand-alone enforcement actions spanned the securities industry, from billion-dollar frauds to emerging investor threats involving crypto asset securities and cybersecurity, and charged violations by diverse market participants, from public companies and investment firms to gatekeepers and social media influencers.