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IMMINENT SHAREHOLDER DEADLINE: K12 Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP
IMMINENT SHAREHOLDER DEADLINE: K12 Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP
BOSTON, Jan. 14, 2021 Due to the global COVID-19 pandemic, school districts nationwide were forced to cancel or limit in-person classes and shift to online and virtual learning. K12 Inc. (NYSE: LRN), as a technology-based education company, appeared primed to benefit from this shift and embarked on a campaign to portray itself as capable and ready to take advantage of the shift to virtual instruction. In reality, K12 was neither ready nor capable. As this became clear to the market, the stock price plunged over 50% from its 2020 peak price of over $50.00 per share.
Sabra Health Care REIT Appoints Katie Cusack to its Board of Directors
Sabra Health Care REIT Appoints Katie Cusack to its Board of Directors Sabra Health Care REIT, Inc. (Sabra) (Nasdaq: SBRA) today announced the appointment of Katie Cusack to its Board of Directors. Ms. Cusack currently serves as Chief Operating Officer of Cornell Capital LLC, a $4 billion private investment firm with offices in New York and Hong Kong. From 2007 to 2020, Ms. Cusack served in various capacities at Credit Suisse, including Chief Operating Officer for the Investment Banking Division in both Asia Pacific and Europe, Middle East and Africa, and as the Head of Ultra-High Net Worth Coverage. Prior to joining Credit Suisse, Ms. Cusack served as a Managing Director at MTS Health Partners LP, where she provided strategic advisory services to corporate clients in the health care services industry. She began her banking career at Goldman Sachs in the Mergers & Acquisitions group and Principal Investing A