STAF Overview

Investigation of Companies: Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches related to the sales and mergers of several companies, including Paragon 28, American Axle, Staffing 360 Solutions, and Quanterix Corporation.

Shareholder Rights: The firm encourages shareholders of these companies to contact them for legal rights and options, emphasizing that they will handle cases on a contingent fee basis without upfront costs.

Investigation of Proposed Sale: Former Louisiana Attorney General Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating the proposed sale of Staffing 360 Solutions, Inc. to Atlantic International Corp., focusing on whether the transaction undervalues the company.

Shareholder Rights: KSF is inviting shareholders who believe the sale undervalues their shares or wish to discuss their legal rights regarding the transaction to contact them for more information.

KB Home Financial Results: KB Home's shares surged 9.1% in pre-market trading after reporting fourth-quarter revenue of $2 billion and earnings of $2.52 per share, both exceeding analyst expectations.

Stock Movements: Several stocks experienced significant pre-market movements, with Nature’s Miracle Holding Inc gaining 109.7% and Sangoma Technologies Corporation falling 40.8%.

Market Movers: KB Home shares rose 7.3% after reporting better-than-expected Q4 earnings, while other notable gainers included Staffing 360 Solutions (up 42%) and Inogen (up 11.3%).

Decliners: Aehr Test Systems saw a significant drop of 11.8% following its earnings report, while ServiceTitan fell slightly by 1.1%.

Merger Agreement Details: Staffing 360 Solutions has amended its merger agreement with Atlantic International Corp., which includes the conversion of Series H and I Preferred Stocks into common stock, alongside a settlement agreement with Jackson Investment Group that forgives interest and converts loan principal into preferred shares.

Market Reaction: Following the announcement of the merger details, shares of Staffing 360 Solutions surged by 42% in after-hours trading, reaching $3.23.

Investigation of Companies: Halper Sadeh LLC is investigating Avid Bioservices, Air Transport Services Group, and Staffing 360 Solutions for potential violations of federal securities laws and breaches of fiduciary duties related to their recent sales.

Shareholder Rights: The law firm encourages shareholders from these companies to contact them for free consultations regarding their legal rights and options, emphasizing that they operate on a contingent fee basis.