News

PAA/PAGP UNITHOLDER REMINDER: Kendall Law Group Reminds Unitholders of Investigation of Plains All American Pipeline L.P. and Plains GP Holdings, L.P. for Potential Securities Violations

the dateDecember 17, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is reminding unitholders of Plains All American Pipeline L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP) of an ongoing investigation.  The Kendall Law Group encourages unitholders who purchased units of PAA on February 26, 2015, or purchased units of PAGP between October 15, 2013 and November 10, 2014, to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at jmckey@kendalllawgroup.com to learn more about your rights as a unitholder.

The Kendall Law Group was founded by former federal judge Joe Kendall. It is a boutique trial law firm staffed by a former U.S. Attorney, federal and state law clerks, and experienced securities lawyers. Led by Joe Kendall, the group of experienced … View More

PAA/PAGP UNITHOLDER ALERT: Kendall Law Group Announces Investigation of Plains All American Pipeline L.P. and Plains GP Holdings, L.P. for Potential Securities Violations

the dateDecember 15, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is investigating potential claims for federal securities violations and breach of fiduciary duty against the Board of Directors of Plains All American Pipeline L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP).

If you purchased units of PAA on February 26, 2015, or if you purchased units of PAGP between October 15, 2013 and November 10, 2014, and you want to know more about your rights, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at jmckey@kendalllawgroup.com to learn more about your rights as a unitholder.

The Kendall Law Group was founded by former federal judge Joe Kendall. It is a boutique trial law firm staffed by a … View More

KENDALL LAW GROUP FILES CLASS ACTION LAWSUIT AGAINST VOLKSWAGEN AG

the dateNovember 17, 2015

Kendall Law Group, led by former federal judge Joe Kendall, announces that a federal securities fraud class action lawsuit has been filed on behalf of an institutional investor in the U.S. District Court for the Eastern District of Michigan Detroit Division against Volkswagen AG (OTCMKTS: VLKAY; OTCMKTS: VLKPY; OTCMKTS: VLKAF), Volkswagen Group of America and certain of its officers and directors for violations of the federal securities laws.  Plaintiff brings this action on behalf of all persons or entities that purchased shares of Volkswagen ordinary and/or preferred American Depositary Receipts (“ADRs”) of Volkswagen AG between November 19, 2010, and September 21, 2015 (the “Class Period”).

If you are a shareholder who purchased Volkswagen securities during the Class Period, you have until November 24, 2015, to ask the Court to appoint … View More

BIOMED REALTY TRUST, INC. SHAREHOLDER ALERT: Kendall Law Group Questions Whether Proposed Sale to Blackstone Real Estate Partners VIII is in Best Interest of BioMed Shareholders

the dateOctober 8, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is investigating potential claims against the Board of Directors of BioMed Realty Trust, Inc. (NYSE: BMR) in connection with the proposed acquisition of BioMed by Blackstone Real Estate Partners VIII.  According to the terms of the agreement, BioMed shareholders will receive $23.75 for each BioMed share held at the close of the transaction.  At least one Wall Street analyst has placed a price target of BioMed at $26 per share, and BioMed has traded for more than $25/share this year.

The national securities firm’s investigation seeks to determine whether BioMed and its Board breached their fiduciary duties by engaging in self-dealing, failing to maximize the value of the Company, failing to disclose all material benefits and costs, and … View More

RENTRAK CORPORATION SHAREHOLDER ALERT: Kendall Law Group Questions Whether Proposed Sale to comScore, Inc. is in Best Interest of Rentrak Shareholders

the dateSeptember 30, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is investigating potential claims against the Board of Directors of Rentrak (NASDAQ: RENT) in connection with the proposed acquisition of Rentrak by comScore, Inc.  According to the terms of the agreement, Rentrak shareholders will receive 1.15 shares of comScore for each Rentrak share held at the close of the transaction.  At least one Wall Street analyst has placed a price target of Rentrak at $100 per share, and the median target of analysts is over $73 per share, significantly more than the comScore offer price.  Rentrak has traded for more than $87/share this past year.

The national securities firm’s investigation seeks to determine whether Rentrak and its Board breached their fiduciary duties by engaging in self-dealing, failing to … View More

SOLERA HOLDINGS, INC. SHAREHOLDER ALERT: Kendall Law Group Questions Whether Acquisition by Multiple Acquirers is in Best Interest of Solera Shareholders

the dateSeptember 15, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Solera Holdings, Inc. (NASDAQ: SLH) and its Board of Directors on behalf of shareholders in connection with the proposed buyout by Vista Equity Partners, Koch Equity Development LLC, and Goldman, Sachs & Co.  On September 13, 2015, Solera and the multiple acquirers announced that pursuant to a definitive merger agreement Solera would be acquired at $55.85/share.  The offer price represents only a small premium of 12.9% over the closing price on September 11, 2015.  In fact on March 3, 2015, Solera traded above the merger offer price at $56.14.

The national securities firm’s investigation seeks to determine whether Solera and its Board breached their fiduciary duties by engaging in self-dealing, failing to maximize the value of … View More

Kendall Law Group Investigates Whether Strategic Hotels & Resorts, Inc. Obtained a Fair Price in Sale to Blackstone Real Estate Partners VIII L.P.

the dateSeptember 10, 2015

Kendall Law Group, led by former federal Judge Joe Kendall, is investigating Strategic Hotels & Resorts, Inc. (NYSE: BEE) and its Board of Directors on behalf of shareholders in connection with the proposed acquisition by Blackstone Real Estate Partners VIII L.P.  Pursuant to the terms of the agreement, Strategic shareholders will receive $14.25 in cash for each Strategic share they own.  The offer price is only a 4.8% premium to the Company’s September 4, 2015, closing price of $13.60 and below the 52-week high of $14.41.  At least one Wall Street analyst set a price target of $15.19 per share.

The national securities firm’s investigation seeks to determine whether Strategic and its Board breached their fiduciary duties by failing to fulfill its fiduciary duties, failing to maximize the … View More

Kendall Law Group Investigating Potential Breaches of Fiduciary Duty By Con-way Inc. Officials on Behalf of Shareholders

the dateSeptember 10, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is investigating certain officers and directors of Con-way Inc. (NYSE: CNW) on behalf of shareholders to determine whether the officials breached their fiduciary duties to shareholders in the proposed sale to XPO Logistics, Inc.  According to the agreement, Con-way shareholders will receive $47.60 per share in cash, for a total transaction value of approximately $3 billion.  The offer price is significantly lower than at least one Wall Street analyst’s target price of $59, and significantly below the 52 week high of $53.54.

The national securities firm’s investigation seeks to determine whether Con-way and its Board breached their fiduciary duties by engaging in self-dealing, failing to maximize the value of the Company, failing to disclose all material benefits and costs, … View More

Kendall Law Group Announces Investigation of TECO Energy Inc. Acquisition by Emera Inc.

the dateSeptember 8, 2015

Kendall Law Group, led by former federal judge Joe Kendall, is investigating TECO Energy Inc. (NYSE: TE) and its Board of Directors on behalf of shareholders in connection with the proposed sale to Emera, Inc. in a transaction valued at around $6.5 Billion or $27.55 per share.

The national securities firm’s investigation seeks to determine whether TECO and its Board breached their fiduciary duties by engaging in self-dealing, failing to maximize the value of the Company, failing to disclose all material benefits and costs, and failing to obtain the best possible consideration for the TECO shareholders.

If you currently own shares of TECO and want to know more about your rights, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email … View More

Kendall Law Group Investigates Whether Meredith Corporation Obtained a Fair Price in Sale to Media General Inc.

the dateSeptember 8, 2015

Kendall Law Group, led by former federal Judge Joe Kendall, has launched an investigation of Meredith Corporation (NYSE: MDP) and its Board of Directors on behalf of shareholders in connection with the proposed sale to Media General Inc.  The transaction is valued at approximately $2.4 Billion.  Pursuant to the terms of the agreement, Meredith shareholders will only receive $34.57 in cash and 1.5214 shares of the new holding company formed by Media General for each share of Meredith owned upon closing.  Upon closing, Media General shareholders will own approximately 65% and Meredith shareholders will own 35%.  At least one Wall Street analyst has set a price target for Meredith at $58.00, much higher than the $51.53 offer price.  The offer price is also significantly lower than Meredith’s 52 … View More