A Pennsylvania pension is suing AMC over a decision to issue preferred stock without a vote. The CEO speaks of empowering investors, an irony given his decisions, says AnitaRamaswamy:
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AMC shareholders sue company over vote to add sharesAMC Entertainment Holdings Inc shareholders have filed a lawsuit in Delaware accusing the movie theater chain of bypassing them in a bid to increase the number of shares.
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AMC’s stock jumps nearly 20% in 2 days, approaching bullish long-term technical breakoutAMC shares have run up more than 20% in two days and appear on track to confirm the end of a long-term downtrend.
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Pennsylvania Gov. Josh Shapiro says his office made a criminal referral in East Palestine train derailmentOhio Gov. DeWine also signaled during the press conference that his state is also preparing to take legal action.
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