Bragar Eagel & Squire, P.C.

Happy President’s Day from Bragar Eagel & Squire, P.C. DID YOU KNOW? President’s Day, also known as Washington’s Birthday, is celebrated the third Monday of February under federal law. 5 U.S.C.S. § 6103. But George Washington’s actual birthday was February 22. President’s Day has been celebrated on the third Monday since Congress changed the date of observance in 1968. #BES #bragareagelandsquire #johnbrandonwalker #trivia

Happy Saint Valentine’s Day from Bragar Eagel & Squire, P.C. DID YOU KNOW? In Olsen v. Rafn, 400 F. Supp. 3d 770 (E.D. Wis. 2019), Olsen, a student at Northeast Wisconsin Technical College (NWTC), distributed hand-made, heart-shaped, religious-themed Valentines at the college. A security officer told her this conduct constituted “solicitation” and violated NWTC’s Public Assembly Policy. The Olsen court held that NWTC’s actions violated Olsen’s First Amendment rights. #BES #bragareagelandsquire #johnbrandonwalker #trivia 

Bragar Eagel & Squire, P.C. Files Lawsuit for Xponential Fitness, Inc. Investor On February 10, 2025, Bragar Eagel & Squire, P.C. filed a shareholder derivative lawsuit in a California federal court. The lawsuit brings claims against certain officers and directors of Xponential Fitness, Inc. The lawsuit alleges those officers and directors engaged in a fraudulent scheme to inflate the company’s value through deceptive franchise sales practices. #BES #bragareagelandsquire #johnbrandonwalker #wehelpinvestors

Court Approves Settlement, Align Technology, Inc. to Implement Key Reforms Bragar Eagel & Squire, P.C. is excited to share news of a settlement on behalf of Align Technology, Inc.'s shareholders. Today, February 5, 2025, United States District Court Judge Trina L. Thompson approved the global settlement as final. This is the result of extensive negotiations by Bragar Eagel & Squire, P.C., together with co-counsel. The settlement will require key corporate governance reforms, including adding an independent director with cybersecurity expertise to the Board, enhanced Board trainings, and enhanced regulatory compliance and compliance oversight functions. These reforms should help protect the Align Technology, Inc.’s investors in the future. #bes #bragareagelandsquire #johnbrandonwalker #settlement *Past results do not guarantee future outcomes.

The American Bar Association is currently holding its Midyear Meeting in Phoenix, Arizona. It strives to defend liberty and deliver justice as the national representative of the legal profession. Bragar Eagel & Squire, P.C. attorney Casey DeReus is attending. It is important for legal professionals to build a community and share knowledge. #bes #bragareagelandsquire #johnbrandonwalker #abamidyear

Global Settlement Requires Funko, Inc. to Implement Key Reforms Bragar Eagel & Squire, P.C. is excited to share news of a settlement on behalf of its client, a Funko, Inc. investor. After extensive negotiations, Bragar Eagel & Squire, P.C. helped secure a global settlement resulting in key corporate governance reforms. Among other things, these reforms require Funko to add a new independent director and to institute a new director position responsible for “re-evaluating all aspects of Funko’s business through the lens of environmental, social, and governance policy and best practices.” As a result of the global settlement, the Delaware Court of Chancery formally closed Bragar Eagel & Squire’s case at the end of 2024, since it had been successfully resolved. These reforms should go a long way in helping protect the rights of Funko, Inc.’s investors. #bes #bragareagelandsquire #johnbrandonwalker #settlement *Past results do not guarantee future outcomes.

Global Settlement Requires Funko, Inc. to Implement Key Reforms Bragar Eagel & Squire, P.C. is excited to share news of a settlement on behalf of its client, a Funko, Inc. investor. After extensive negotiations, Bragar Eagel & Squire, P.C. helped secure a global settlement resulting in key corporate governance reforms. Among other things, these reforms require Funko to add a new independent director and to institute a new director position responsible for “re-evaluating all aspects of Funko’s business through the lens of environmental, social, and governance policy and best practices.” As a result of the global settlement, the Delaware Court of Chancery formally closed Bragar Eagel & Squire’s case at the end of 2024, since it had been successfully resolved. These reforms should go a long way in helping protect the rights of Funko, Inc.’s investors. #bes #bragareagelandsquire #johnbrandonwalker #settlement *Past results do not guarantee future outcomes.

Bragar Eagel & Squire, P.C. Files Lawsuit for Warner Bros. Discovery, Inc. Investor Last week, Bragar Eagel & Squire, P.C. filed a shareholder derivative lawsuit in a New York federal court. The lawsuit brings claims against certain officers and directors of Warner Bros. Discovery, Inc. The lawsuit alleges those officers and directors made false and misleading statements about the company’s NBA media rights negotiations and about the company’s Networks segment’s goodwill valuation. #BES #bragareagelandsquire #johnbrandonwalker #wehelpinvestors

Federal Court Approves Bragar Eagel & Squire, P.C. as Lead Counsel in Securities Case A federal court approved Bragar Eagel & Squire, P.C. as lead counsel for a putative class of Charge Enterprises, Inc. investors. The securities class action alleges that the company’s leadership made materially misleading statements regarding its association with KORR Acquisitions Group, Inc. and omitted critical information about complications in this relationship, resulting in investor losses. The firm has already filed an amended complaint. Stay tuned for more news as we continue to vigorously litigate this case. #BES #bragareagelandsquire #johnbrandonwalker #leadcounsel *Past results do not guarantee future outcomes.

$29.75 Million Proposed Settlement Set for Hearing for Latch, Inc. Investors Bragar Eagel & Squire, P.C., alongside co-counsel, is excited to share some big news. After hard-fought negotiations, Bragar Eagel & Squire, P.C. helped secure a $29.75 million proposed settlement in the Delaware Court of Chancery on behalf of Latch, Inc. investors. Shortly before Christmas, the Court set the Settlement Hearing for March 27, 2025. Follow us for up-to-date news on the proposed settlement and the upcoming hearing in the first quarter of 2025. *Past results do not guarantee future outcomes. #latchsettlement #BES #bragareagelandsquire #brandonwalker