>>19220297

TYB

APE ALERT- APES-1 AMC-0

‘To cut to the chase, the settlement cannot be approved as submitted,’ judge says

AMC stock surges 60% after Delaware judge puts brakes on APE-to-stock conversion plan

July 21, 2021

Shares of AMC Entertainment Holdings Inc. rocketed more than 60% higher on Friday after a judge in Delaware shot down a settlement that would have allowed the movie-theater chain to move ahead with a plan, maligned by some investors, to dump more shares onto the market, according to reports.

AMC AMC, +1.62% has wanted to turn its its so-called APE — or AMC Preferred Equity — preferred units into common stock. But Delaware Chancery Court Vice Chancellor Morgan Zurn rejected an earlier settlement that would have allowed that conversion to move forward.

The theater chain has been looking to find ways to boost its share count and sell more shares — a tack that helped it through the COVID-19 pandemic — as it tries to shore up its finances and rein in its debt, the Wall Street Journal noted.

But not every investor was on board with the plan, amid worries about share dilution.

“At this juncture, the Court’s only task is to approve or reject the proposed

settlement,” wrote in the ruling, obtained by Bloomberg Law. “The focus of the settlement is on the claims presented in this case. The Court cannot address issues that do not pertain to the fairness of the settlement.”

“Such issues raised by AMC stockholders include theories about synthetic shares, Wall Street corruption, dark pool trading, insider trading and RICO violations, and a request for a share count,”the ruling continued. “The Court’s role is limited to considering settlement-specific issues, like the strength of the plaintiffs’ claims, the consideration the class would receive, and the scope of the release the class would give in exchange for that consideration.”

“To cut to the chase, the settlement cannot be approved as submitted,” the ruling added later.

AMC did not immediately respond to a request for comment.

Sauce: https://www.marketwatch.com/story/amc-stock-surges-more-than-70-after-delaware-judge-puts-brakes-ape-to-stock-conversion-plan-14e271f3?mod=mw_quote_news

No buddy, no ghost bananas for you Ken Griffin/Citadel. No recouping big donations (bribes) thru ghost shares..

>>19220402

ok (fellow) Boomer

kek

Yellow (Freight) is going down the tubes, the greased tubes. The Teamsters have the Crisco (going on strike) and that's the death knell.

imho

Yellow Corp trucker goes ballistic at bosses after firm STOPPED making contributions to workers' pension fund - as $1.2billion debt leaves it on brink of bankruptcy

Yellow Corp said it was suspending health benefits and pension accruals for staff

One worker was filmed going ballistic with his boss after discovering the state of affairs

Truck drivers union Teamsters said that employees will strike due to the plans

July 21, 2023

This is the distressing moment a Yellow Corp trucker is told the pension he has built up over 30 years won't be topped up by the company - as it nears bankruptcy.

Footage shared on TikTok shows the worker angrily shouting after learning his health care benefits and pension payments had ceased.

The worker, who is believed to be operating in Florida, says: 'It's the motherf**s up there, I worked my a for this company. This is my money y'all are playing with. F this s.'

The Central States Board of Trustees at Yellow said they would be suspending health benefits and pension accruals for workers as the company struggles to refinance $1.2 billion debts.

The Teamsters union, representing 22,000 truck drivers, are preparing to strike as early as Monday.

Sauce/more: https://www.dailymail.co.uk/news/article-12325203/Veteran-Yellow-Freight-worker-roars-anguish-discovering-pension-peril.html

>>19220489

It's not like they're going to hire BETTER drivers, is it? Yep, it's Campbell Express (Humpin to Please) all over again.

They need to look for buried assets like those buried trailers of Campbell they dug up in Springfield. The article is scrubbed or anon is too lazy to dig further. They buried major assets, coin, gold, jewelry, it was bankruptcy protection.

>>19220483

fuck you too, anon is a lil buzzed too..

>>19220444

I excelled in the ass sitting. I was a paid professional ass sitter. You're welcome. I am also a highly skilled Duck & Cover specialist. I can be contracted for individual lessons.

>>19220505

The best Generation, insuffiently appreciated.

The Greatest Generation they say but that term is relatively new, never heard it most of my life.

>>19220660

>>19220626

>>19220652

>Gary

California school superintendent is thrown out of meeting after opposing new rule forcing teachers to notify parents if a student asks to identify as a different gender

California's State Superintendent of Schools was thrown out of a contentious hearing over parents' rights to information about their transgender children

Tony Thurmond was told he was 'proposing things that pervert children' as he argued against a policy to inform parents if their child wants to change gender

The policy comes amid a series of 'detransition' lawsuits where formerly-transgender children feel they were pushed into invasive surgeries

July 21, 2023

Parents reacted with cheers of 'leave our kids alone' as a California superintendent was thrown out of a school board hearing for aggressively opposing a policy forcing teachers to notify parents if their child is transgender.

Tony Thurmond, the California State Superintendent of Schools, was booted from the Chino Valley Unified school board meeting on Thursday after going over his allotted time to vigorously attack the policy.

Over 300 people filled the main hall at Don Lugo High School in Chino, California to weigh in at the hearing, which was marked with hostility as Thurmond clashed with the school board's president, Sonja Shaw.

After Thurmond condemned the new guidelines for putting transgender students 'at risk', Shaw fired back that the official was 'proposing things that pervert children.'

The board eventually voted 4-1 to introduce the parental notification policy, a move which was met with cheers from the audience.

The board eventually voted 4-1 to introduce the parental notification policy, a move which was met with cheers from the audience.

Before Thurmond was led away by security to shouts of 'kick him out', the administrator slammed the proposal for targeting vulnerable students.

The policy, which was introduced in June, requires schools to notify parents within three days after their child identifies as transgender. Teachers must also inform parents if their child is involved in any form of violence of talks about suicide.

Students identifying as transgender are defined under the policy as seeking to change their name or pronouns, or asks to access gender-based sports, bathrooms or changing rooms which are different from their biological gender.

'The policy you consider tonight may not only fall outside of privacy laws, but may put our students at risk,' Thurmond said at the meeting.

After reaching the end of his time, Thurmond was heard in footage from the hearing interrupting Shaw as she ordered him to return to his seat.

Loud cheers rang out as Thurmond sat back down, leading Shaw to ask the audience to 'be respectful.'

She then slated the superintendent for his role in escalating issues over transgender students, saying:'Tony Thurmond, I appreciate you being here tremendously, but here's the problem - we are here because of people like you.'

'In Sacramento, you're proposing things that hurt children,' she continued. The California state legislature, which has approved several controversial laws over transgender youths, is located in the city.

Sauce/more: https://www.dailymail.co.uk/news/article-12325043/California-school-superintendent-thrown-meeting-opposing-new-rule-forcing-teachers-notify-parents-student-asks-identify-different-gender.html

>>19221002

>Some anon got the Xi Winnie the Pooh meme?

not THE meme but this meme

>>19221024

>thunders past

never a bad time for a POTUS Thunder vid

>>19221037

The biggest trouble anon ever got into as a kid was saying I did something because somebody else did it. That would get my ass whipped almost immediately. Peer pressure was verboten in the house. DadAnon says "Look me in the eye and say I did it" - no qualifiers. Anon learned early:

Don't cheat

Don't lie

Don't steal

and ffs don't cross the Dad

>>19221031

>>19221044

>Biden Island

Water Island, "decommissioned" WWII sub port

#2 on the map -picrel