MoKa Represents Closed-End Fund Misled By REIT Management
Morris Kandinov LLP has filed an action on behalf of the High Income Securities Fund in connection with its purchase of preferred stock issued by Cedar Realty Trust, Inc.
Read moreMorris Kandinov LLP has filed an action on behalf of the High Income Securities Fund in connection with its purchase of preferred stock issued by Cedar Realty Trust, Inc.
Read moreMorris Kandinov LLP has filed an action seeking books and records in connection with its client’s investigation of misconduct at Lordstown Motors (RIDE).
Read moreThe fund industry recently lost its second case on the use of control share bylaws, which seek to limit the ability of large shareholders to vote their shares after their holdings exceed a defined threshold.
Read moreA recent BoardIQ article demonstrates, in my view, the perverse way in which trustees are encouraged to think about an investment adviser’s business.
Read moreGranite Construction Inc. stockholders have filed a proposed $7.5 million settlement in the Delaware Chancery Court for litigation arising from $338 million in cost overruns concealed from investors between 2017 and 2019.
Read moreGranite Construction will pay $7.5 million and adopt a series of oversight reforms to end shareholder litigation over claims that its board concealed hundreds of millions in overruns affecting four “mega-projects.”
Read moreMorris Kandinov LLP partners Aaron Morris and Andrew Robertson were recently profiled and quoted in a BoardIQ article regarding the use of inspection demands in advance of litigation involving investment companies.
Read moreMorris Kandinov LLP has filed two cases seeking to recover losses incurred by investors in the Infinity Q Diversified Alpha Fund (the “Fund”), a mutual fund that announced in early 2021 that it was liquidating because of extensive securities pricing errors that rendered its last reported net asset value (“NAV”) inaccurate.
Read moreMorris Kandinov LLP represents investors in the Fiduciary/Claymore Energy Infrastructure Fund (FMO) in connection with the fund’s losses during an early 2020 liquidity crisis and a subsequent proposal to merge with the Kayne Anderson Energy Infrastructure Fund Inc (KYN).
Read moreA shareholder of the Fiduciary/Claymore Energy Infrastructure Fund (FMO), a closed-end energy fund, has filed an action against the fund’s investment adviser, subadviser, and board of trustees in connection with the fund’s liquidity crisis in 2020 and subsequently announced merger with another closed-end fund.
Read more