first_imgSource: BusinessWire – April, 21, 2009 Coughlin Stoia Geller Rudman & Robbins LLP, a leading plaintiffs’ firm based in San Diego, has announced the firm has secured a settlement of $50 million in cash for a class of TD Banknorth, Inc shareholders. Plaintiffs in a related action previously attempted to settle the case for under $3 million, or $.03 per TD Banknorth share. This victory for shareholders provides members of the class with an exponentially greater recovery than the related action was poised to provide before plaintiffs City of Dearborn Heights (MI) Act 345 Police & Fire Retirement System and H. Louis Farmer, Jr. successfully objected to that settlement and took over the case.The $50 million settlement, before fees and expenses, is more than 16 times the amount shareholders would have received under the previously proposed settlement. The Settlement Agreement was filed with the Court late yesterday and the settlement is subject to approval by the Court.”We always believed that TD Banknorth’s shareholders deserved more than mere pennies, and we’re pleased that we were able to obtain substantially more than the originally proposed settlement,” said John J. Riley II, the Treasurer of the City of Dearborn Heights.This class action was filed on behalf of former stockholders of TD Banknorth, arising out of the April 20, 2007 going-private merger in which Toronto-Dominion Bank, TD Banknorth’s majority stockholder, cashed out TD Banknorth’s public stockholders for $32.33 per share. The plaintiffs alleged that defendants breached their fiduciary duties to TD Banknorth’s shareholders because the terms of the going-private merger were unfair and the result of an unfair process.A number of plaintiffs filed complaints in Delaware and attempted to settle the case quickly. At the same time, Farmer filed an action in Maine state court and aggressively litigated the case. After obtaining strong evidence in support of his claims, Farmer, along with Dearborn Heights, took his case to Delaware and successfully objected to the settlement reached by the original Delaware plaintiffs. As the Court later summarized:While Farmer took extensive discovery in the Maine litigation, including nine depositions, the Original Plaintiffs did little to advance the litigation in Delaware, seemingly satisfied with negotiating a very modest settlement. Aware of these negotiations and concerned by what he saw as the Original Plaintiffs’ lack of diligence, Farmer stipulated to stay the Maine litigation and, with the other plaintiff currently seeking certification, the City of Dearborn Heights Act 345 Police & Fire Retirement System (“Retirement System”), filed a motion to intervene in the Delaware litigation. On March 23, 2007, two days after the filing of the motion to intervene, the Original Plaintiffs filed a stipulation of settlement, agreeing to the certification of the class and the appointment of the Original Plaintiffs as class representatives. The terms of the settlement also included certain corrective disclosures, and an increase of $.03 per share in the merger price…. Farmer and Retirement System filed their objection, amply supported by the extensive discovery taken in the Maine action, and, on July 19, this court rejected the settlement….”We firmly believed in the strength of our claims and were forging ahead towards trial prior to reaching a settlement with defendants. We consider this an exceptional result for our clients and the class,” said Coughlin Stoia partner Samuel H. Rudman.For more information, you can review the Settlement Agreement and exhibits thereto on the Coughlin Stoia web site (www.csgrr.com(link is external)) and at www.TDBanknorthShareholdersLitigation.com(link is external).last_img read more

first_imgParents: as you make those holiday gift to-do lists, don’t forget your child’s teacher!For eight hours a day, five days a week, these men and women are educating the next generation. It’s an important job, which can make it challenging for parents to figure out budget-friendly ways to show their appreciation.Let’s face it, how much candy and sweets can they realistically eat? And those who have been teaching for years already have impressive coffee mug collections.So what do teachers want? We asked a few and here are some ideas:Gift cards: Whether from Amazon, a favorite brand retailer, coffee shop or local vendors, a gift card is the gift that keeps giving year round. Pair it with a personal note and you can never go wrong.Grant wishes: With budget cuts, teachers’ wish lists are long and in need of constant replenishing. So help restock the classroom with books, paper, printer ink, pencils, tissues, hand sanitizers and more.Donate: Make a donation to the school library, PTA and/or afterschool clubs in the name of your favorite teacher. You help your local school and ultimately it benefits the children.DIY: Most teachers agree the best gifts are heartfelt. So get creative! Whether it is a simple note of thanks or a homemade “coupon book” provides class snacks for a day or volunteered time, teachers will be grateful. 60SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Myriam DiGiovanni After writing for Credit Union Times and The Financial Brand, Myriam DiGiovanni covers financial literacy for FinancialFeed. She is also a storytelling expert and works with credit unions to help … Web: www.financialfeed.com Detailslast_img read more

first_imgIt may surprise you to learn that a shift in preferred payment method occurred over the past year, where people of all ages are now reaching to pay with debit instead of credit – even for online purchases.Welcome to part II of our blog series on Eye on Payments 2019. This annual payment study by PSCU examines the factors that influence consumers when it comes to their choice and usage of different payment methods.In our first blog from our 2019 study, we revealed that convenience and ease of use are now the main drivers behind a consumer’s choice in payment method, toppling last year’s motivator of security. Today, we’re going to dive deeper into the reasons behind this newfound debit preference, and look at how younger generations, in particular, are using debit to assuage their fear of debt.Consumers Choose and Trust Debit for Online PurchasesWhile ease of use (64%), convenience (62%) and comfort of use (51%) were some of the top reasons cited for this year’s debit preference, an overall increase in American debt, concerns about an upcoming recession and the budget-conscious qualities of today’s younger generations are all factors in this year’s shift. Additionally, advanced features in the way of mobile card alerts are helping give consumers more control over their debit activity, and lessening fears around fraud. Perhaps this is why PSCU saw the shift to debit begin to take place around major shopping events from the past 12 months, like the 2018 holiday season and 2019’s Amazon Prime Day. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

first_img Your Email (required) Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Three legendary New York Rangers will be on hand at the Steiner Sports store in Roosevelt Field Mall this weekend to sign autographs for their beloved fans—including the lucky winner of a Press contest that includes free autographs and an opportunity to meet each of the former players.The retired fan favorites include:Mark Messier, aka “The Captain,” whose illustrious career spanned parts of three decades, including 10 years with the Rangers. Messier played in 698 regular season games with New York City’s hometown team, amassing 691 total points. Messier was also a member of the 1994 Rangers’ Stanley Cup winning team.Brian Leetch spent nearly his entire 19-year career with the Rangers. The defenseman appeared in nine All-Star games, earned Rookie of the Year honors in 1989, was twice honored as the league’s top defenseman, and perhaps most importantly, won the Conn Smythe Trophy as the MVP of the Stanley Cup Playoffs in the Rangers championship-winning 1994 season.Mike Richter was a Ranger until the end. The four-time All-Star goalie played 23 games in his rookie season and never looked back. He secured 16 victories in the Rangers 1994 Stanley Cup run—notching four shutouts.Time, Date & PricesThe trio of legends will be signing autographs from 11:30 a.m. to 1 p.m. at the Steiner Sports Store on Saturday, Dec. 3. Event pricing goes as such: $199 for flats/pucks, $210 for equipment, and $40 inscriptions. A bundle package including autographs from all three retired players costs $269.99 for pucks/flats and $299 for equipment.The contest details are as follows:Simply enter your name and email address below.One winner will be picked at random.One person and a guest will win one autograph (total) from each of the three players and have an opportunity to meet the legendary trio. (Prize subject to players’ schedules and availability.) Good luck! Your Name (required)center_img (Photo credit: New York Rangers legend Mark Messier aka “The Captain” by Brendan Lee/Flickr)last_img read more

first_imgTopics : Incoming White House chief of staff Mark Meadows has self-quarantined after he may have come into contact with a person who tested positive for the coronavirus, his spokesman said Monday.Meadows is not exhibiting symptoms and a precautionary test came back negative, the spokesman said on Twitter.”Mark Meadows was advised this weekend that now 12 days prior at CPAC, he may have come into contact with the COVID-19 positive test individual,” the tweet said, referring to a conservative conference in late February. Among them, at least two Republican lawmakers recently met with Trump.center_img “He’ll be self-quarantined till the 14 day period passes Wednesday.”US President Donald Trump announced Friday he had chosen staunch ally Meadows to be his new chief of staff — the fourth person to hold the position since he took office.Meadows, currently a Republican congressman from North Carolina, will replace the ultra-conservative Mick Mulvaney, who had been serving as acting chief of staff since Trump fired John Kelly in December 2018.Five other US elected officials have announced they are self-quarantining. Four of them were exposed to the virus, like Meadows, during the CPAC conference near Washington.last_img read more

first_imgNursing homes across the country have been overwhelmed, and a skating rink in Madrid has been turned into a makeshift morgue where hearses park outside the building, which is normally a popular venue for children’s birthday parties.The country’s government is scrambling to get hold of protective equipment like masks, scrubs and gloves, and ventilators.The government has ordered 432 million euros (US$471.4 million) worth of masks, gloves and testing kits in China, Health Minister Salvador Illa said.The country has also turned to NATO partners for protective gears and ventilators to treat patients. Spain awoke to the prospect of more lockdown on Thursday after parliament approved an extension to its state of emergency in the early hours of the morning following a mammoth session of debate.Parliament eventually voted to extend emergency measures – including the state of lockdown that has seen people confined to their homes except for essential trips for food, medicine and work – for a further 15 days until April 12.A majority of 321 lawmakers voted in favor of the extension, while 28 abstained. The largest opposition party, the People’s Party, supported the measure. “It is not easy to extend the state of emergency,” Prime Minister Pedro Sanchez said in Parliament. “I am convinced the only efficient option against the virus is social isolation.”Spain is struggling to cope with the mounting coronavirus crisis as its death toll exceeded China’s on Wednesday with another 738 lives lost in a single day.The number of coronavirus cases in Spain has jumped ten-fold since the state of emergency was imposed on March 14, and the number of fatalities by 30 to 3,434.Spain now has the second-highest number of deaths globally after Italy’s 6,820.center_img Topics :last_img read more

first_imgProperty confidence in Queensland is at its highest level since 2015.CONFIDENCE has hit record levels in the property sector, with Queensland at its highest level since the mining boom, the latest industry survey has found.The ANZ/Property Council Survey said there was growing confidence in Queensland amid positive expectations of economic growth in the state led by infrastructure projects such as the Cross River Rail.Property Council Queensland executive director Chris Mountford said sentiment had jumped by 13 index points since June 2017.Queensland saw its sentiment index go from 127 points in June last year, to 128 in September, 134 in December, 132 in March and now 139. It was the highest point the sector had reached since March 2015. Property Council Queensland executive director Chris Mountford is upbeat about jobs and their impact on property. Picture: Mark Calleja.ANZ senior economist Daniel Gradwell said there were improvements across all states and territories with price expectations for housing also stabilising everywhere except New South Wales.“It’s not just the fact that overall confidence rose to the highest level on record; it’s the way that the improvement is being seen across all regions of the country.”He said the mining areas including Queensland posted further increases in sentiment in the June quarter.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours ago“This provides additional evidence that the decline in the mining sector is well and truly past the worst.”Mr Mountford expected significant boosts to the Queensland economy off infrastructure.“The Cross River Rail is expected to create 1,500 jobs annually during the construction phase, which will provide a significant boost to the Queensland economy.“The opportunities created by additional jobs facilitates interstate migration. Queensland has been expecting increased migration for years, due to our lower property prices and fantastic amenities- now we have the job growth to support it.” The Property Council has called for a review of state taxation of the sector.But while it was “a very exciting time for Queensland” Mr Mountford warned that sentiment in the state was still the lowest in the country.“This shows the industry remains concerned about the direct impacts of the Queensland Government’s land tax increases,” he said.“The unexpected rises in Land Tax and Additional Foreign Acquirer Duty were announced during the election campaign in late 2017, and are due to take effect from July 1 this year.“Imposing further taxes on an industry that already pays 53.7 per cent of government taxes, fees and charges, is bound to hurt confidence.”He renewed a call for the Queensland Government to review the property tax structure in the state.Nationally, the Australian sentiment index for the June Quarter 2018 was at 143 points, a 5.7 per cent rise nationally.last_img read more

first_imgMy Destination, the global travel resource powered by a community of local experts, has unleashed travel’s Biggest, Baddest, Bucket List, in which one lucky person will get the opportunity of a lifetime – a six month, all inclusive, blogging trip around the world to a minimum of 25 international destinations and $50,000 (USD). The opportunity opens for applications from the 28th January and closes on 31st March 2013. Ben Southall, winner of Tourism Queensland’s ‘Best Job In The World’, will preside over the entrants as guest judge. To win travel’s Biggest, Baddest, Bucket List, it’s very straightforward to apply.Step one: Applicants must create a video application in English and up to three minutes in length telling us about your favourite destination around the world – whether that’s the city you live, your best holiday or the place you’ve always dreamed of travelling to. Step two: Upload your video together with a completed application form and travel blog-style entry to www.mydestination.com/bbb.Ten candidates will make it through to the voting shortlist, five chosen by My Destination and five selected by the world and then the final round of voting opens – be sure to encourage all your friends and family to vote for you!Entry dates:• 28th January – competition opens• 31st March – applications close• 12th April – top ten announced and final round of voting opens• 26th April – top three finalist chosen• 7th May – final winner announced• 8th June – the trip of a lifetime begins The winner will travel the world in six months in which to travel the world, all expenses paid, blogging, meeting the locals and taking part in challenges in each location. The challenges will be wide and varied, covering everything from visiting a landmark to tasting a local delicacy and staying with a family to an adrenaline pumping activity.The best part is that the winner gets to create their own six month itinerary. You will blog for My Destination throughout the trip, keeping the people back home and around the world up to date with your adventures and the new friends you have made along the way.Upon completion of all the challenges and the blogging tasks throughout the six month trip, a pot of gold will be waiting for you on your return: $50,000 (USD) for the winner to spend on anything they want – paying off that student loan, starting a business or buying a home – it really is a life changing amount of money!The dream job contest has been created in partnership with fellow travel brands Hotels.com, Travelex and Viator.Dominica Vibes News 60 Views   no discussions Sharing is caring! Share LifestyleNewsRegionalTravel Travel’s biggest, baddest bucket list! by: – February 23, 2013center_img Tweet Share Sharelast_img read more

first_imgThelma Jahnigen, 95, of Versailles passed away at 5:10am, Tuesday, February 25, 2020 at the Manderley Health Care Center in Osgood. She was born near Quercus Grove in Switzerland County on June 30, 1924 the daughter of Clifford and Hazel Scudder Koons. She was married to Herman Jahnigen on May 3, 1947 and he preceded her in death on May 23, 2005. Survivors include one daughter Jeanne (Jerry) Ison of Versailles; three grandchildren JJ (Kylee) Ison of Elrod, Nikki (Mike) Wissman of Elrod, and Lauren (Braedon) Lucy of Dolphin, Virginia; 8 great-grandchildren; one brother Donald (Jean) Koons of Nancy, Kentucky. She was also preceded in death by her parents, brothers Wesley, Denver, and Leon Koons, and her sister Doris Chalk. Along with her husband Mrs. Jahnigen operated Jahnigen Dry Cleaners in Versailles from 1947 to 1978. She also was employed with Berkel Digital Scales in Versailles for 5 years. She served as president of the Versailles Town Board from 1974 to 1977 and for 10 years was a Girl Scout and Brownie leader in Versailles. Thelma was a member of the First Baptist Church in Patriot and was a life member of the Versailles American Legion Auxiliary. Funeral services will be held on Saturday, February 29th at 11am at the Stratton-Karsteter Funeral Home in Versailles. Burial will be in the Cliff Hill Cemetery in Versailles. Visitation will be on Friday from 4pm to 7pm and the Legion Auxiliary will conduct services at 6:45pm. Memorials may be given to the Legion Auxiliary in care of the funeral home.last_img read more

first_imgVersailles, IN—Though the Veterans Day Parade and ceremony is canceled in Versailles due to the COVID-19 pandemic, the Versailles American Legion will be hosting several private ceremonies throughout the area over the weekend to honor deceased veterans. SaturdayVersailles American Legion will gather at 11 am at the Post Home and then proceed to Cliff Hill Cemetery to place flags on the graves of all the veterans. SundayAt 8:45 am members of the Versailles Legion will assemble and proceed to honor all deceased veterans buried at the area cemeteries. The schedule is :9:15am -Elrod9:30 am -Marble Corner9:45 am -Tanglewood10 am-Holton10:15 am -Shelby10:30 -New Marion10:45 am  -Benham11 am  -Olean-St. Pauls11:15 -Olean-St Peters 11:30 -Akers- Friendship11:45am  -Dewberry-St Pauls Lutheran12:15 pm  -Cross Plains12:30pm  -Salem1 pm -West Fork 1:15pm -Grandview Memorial GardensAll those who attend are encouraged to practice social distancing in accordance with the State of Indiana regulations.MondayLegionnaires will meet at the Post Home at 10:30 am and proceed to Cliff Hill Cemetery to honor our deceased veterans.  These services are not open to the public this year.last_img read more