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AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling (1)

AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging up to 100% in after-hours trading.

New yorkUnited statesSholder litigJef feeleySaxena whiteMorgant zurnJennifer kayFields kupka shukurovAmc entertainment holdings incHalloran farkas kittilaBernstein litowitz berger grossmannDelaware chancery courtGotshal mangesHoldings incChancellor morganChancery court

AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling

(Bloomberg Law) AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging up to 100% in after-hours trading.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the

United statesBloomberg businessweekSholder litigMorgant zurnJef feeleyMike leonardCarmen castro pagJennifer kayRob tricchinelliSaxena whiteEntertainment holdings incBernstein litowitz berger grossmannFields kupka shukurovGotshal mangesHoldings incDelaware chancery court

AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling

AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesJennifer kayMike leonardSaxena whiteCarmen castro pagSholder litigJef feeleyMorgant zurnRob tricchinelliBernstein litowitz berger grossmannGotshal mangesHoldings incFields kupka shukurovHalloran farkas kittilaEntertainment holdings incDelaware chancery court

Tesla board to return $735 million in stock awards, ending suit over pay

Tesla board to return $735 million in stock awards, ending suit over pay
dailybreeze.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailybreeze.com Daily Mail and Mail on Sunday newspapers.

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Johnson & Johnson must pay $18 8 million in California talc-cancer trial

By Jef Feeley Johnson & Johnson was ordered to pay $18.8 million to a California man who blamed the company’s talcum-based powders for giving him cancer in the company’s first trial in almost two years over accusations it hid the health risks of its iconic baby powder.

United statesNew brunswickNew jerseyCarl tobiasValadezv johnsonJef feeleyAnthony hernandez valadezErik haasUniversity of richmondCalifornia superior courtUs bankruptcy courtBaby powderAlameda countyBusiness newsOrld newsOhnson amp johnson