Genius? Einstein Bros. shares up 50% on deal – quote by Jerry Reisman
September 29, 2014September 29, 2014 By Gary Strauss Investors in the parent company of Einstein Bros. Bagels are looking smart Monday, with shares jumping $6.77 to $20.16 after the company said it would be acquired by German investment group JAB Holding for $20.25 a share. The $374 million buyout of Einstein Noah Restaurant Group (BAGL) includes […]
Be Careful What You Say and What You Do Not Say…by Joe Capobianco
September 18, 2014For a claim of fraud to succeed, a plaintiff must establish the “five fingers” of fraud: (1) representation of a material fact (2) falsity (3) an intent to deceive (“scienter”) (4) reliance and (5) injury. Thus, the analysis with any fraud claim begins with whether there was a “representation.” Under certain circumstances, a defendant may […]
Newsday – LI company’s ‘perfect deal’ – quote by David Peirez
September 3, 2014Mom Charged in Girl’s Death Could Get Trust Fund September 1, 2014 A special education teacher accused of killing her severely disabled 8-year-old daughter by withholding food and medical care could inherit nearly $1 million from the girl’s trust fund — even if she’s convicted. Nicole Diggs and her husband have pleaded not guilty to […]