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_imgThe male grooming experts at Mavericks Traditional Barbershop Letterkenny have some great gift ideas for the man in your life who likes to look, feel and smell like a dapper gent this Christmas.Ladies and Gentlemen, this week we are bringing you some quality solutions and ideas for “what to get him for Christmas”. Let it be your brother, dad, husband, boss, boyfriend, bit on the side or Kris kindle, Mavericks Traditional Barbershop has the perfect gift for him. We are stockists of premium grooming products for gentlemen. We will only stock products that are the best in their market or sector, products that we can stand by and we know that it’s the best our customers can get. Our range includes Proraso, Layrite, Dapper Dan, Kent, Pinaud, Dr. K and many, many more.Our No. 1 gift for Christmas: Maverick’s gift voucherEvery gentleman needs to sit in the Red leather seat and get the Mavericks treatment at least once. Let it be a traditional hair cut, beard trim or luxury hot towel shave, he is sure to be impressed. A coffee while he waits, some live football, great atmosphere, unrivalled customer service not to mention quality workmanship is the reason men are returning to Mavericks time after time. Our best seller last year & sure to be a winner once again this year…..Stubble to Short BeardProraso Beard Grooming Kit €55For the gent that sports anything from stubble to a short beard. This will help keep it fresh, hygienic, soft and in tip top condition with some of the best Beard grooming products available. Includes 200ml Beard Soap, 100ml Beard Balm 30ml Beard Oil and a complementary Mavericks Voucher!Hair CareMavericks Hair care Kit €25Mavericks hair care kit is all a man needs to maintain his look, starting off with a complementary Mavericks voucher to get him looking his best it comes complete with Mavericks hair gel, and Mavericks Matt clay, two great products that will shape anything from bed head to short and crop. Includes a complimentary voucher for a traditional hair cut!The Man Who ShavesProraso Shaving Tin €30 The ideal gift for the man who shaves! This fantastic presentation tin is full of the best shaving products from Proraso. It contains the essential products for the perfect wet shave, Eucalyptus Shaving Cream Tube 150ml, Eucalyptus Pre and Post Shave Cream 100ml, Eucalyptus After Shave balm  100mlSomething different:Marvis Toothpaste Flavour Collection €25We are just after introducing the Marvis toothpaste range. A range of 7 masterpieces of taste that conquer at the first sampling. Marvis has combined unique flavours, maximum protection, an unmistakable fresh sensation and extraordinary whitening. This range is capable of capturing those who are curious and open minded. For Christmas we have got our hands on a Marvis flavour collection of their toothpastes which includes Whitening, Liquorice mint, jasmine mint, ginger mint, classic mint, cinnamon mint and aquatic mint.Grooming HamperMavericks Deluxe Hamper €160The Mavericks Deluxe hamper is the Rolls Royce of male grooming. Get him this and he is putty in your hands, you will officially own him!!!!! Complete with grooming products such as a luxury Haryali cut throat razor and derby blades, Proraso aftershave, mavericks hair gel, vines hair tonic, styptic matches, Marvis 75ml classic mint toothpaste and many many more, Not to mention a complimentary gift voucher worth €40.If it is a dapper gent you are buying for then we have the products for him, another popular option is to call in store and select any products that you wish and we will make the hamper for you to your taste and budget!Call in store at Lower Main Street Letterkenny, you can also follow us on Facebook on https://www.facebook.com/Maverick-Traditional-Barbershop-1544230652533677/?fref=tsMavericks Barbers: A gift for him this Christmas was last modified: December 11th, 2017 by Mavericks BarbersShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Christmas Giftsgift guideHair caremale groomingMavericks Barberslast_img read more