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Investors Sue To Block $2.3B Gov t Tech Services Merger
Law360 (March 5, 2021, 10:25 PM EST) Shareholders in digital government services company NIC Inc. are seeking to block a $2.3 billion merger with software provider Tyler Technologies Inc. from going ahead, claiming the company s board of directors misled investors, according to two suits in Delaware federal court.
In a pair of complaints filed Wednesday and Thursday, NIC Inc. investors Shiva Stein and David Starks allege that the company s board of directors failed to disclose important financial information in a proxy statement announcing NIC s planned merger with Texas-based Tyler last month.
The shareholders claim that the statement which they say was filed with the U.S. Securities and.
BRADENTON – On a typical Monday morning at Turning Points in Manatee County, minutes before 8 a.m., a line has already formed outside the nonprofit agencies’ glass doors.
Raymond Roberts, a 53-year-old Bradenton resident, was among the first to stand in line, his hand rested against his cane. Roberts’ early morning began with a bus ride from his mobile home to Turning Points where he took his spot in line.
Roberts, after receiving a 3-day eviction notice from his landlord Thursday, returned to the nonprofit to complete his application for rent assistance.
Paying nearly $500 out-of-pocket for a medication he needs after having a mild stroke in 2017 was enough for him to fall behind on his December lot rent. Now, he needs the rent assistance from Turning Points to save him from eviction.