preferred equity

3 articles
BenzingaBenzinga··Lekha Gupta

New Fortress Energy Shares Crater 17% on Debt-Slashing Recapitalization Plan

New Fortress Energy shares fall 17% as company announces recapitalization cutting debt 90% to $527.5 million, diluting current shareholders to 35% ownership by Q3 2026.
NFEdebt reductiondebt restructuring
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

AMC Faces Securities Lawsuit Over APE Preferred Shares Distribution Loophole

Class action lawsuit filed against AMC over alleged securities violations regarding APE preferred equity units and distribution rights.
AMCsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

AMC Faces Securities Lawsuit Over Alleged APE Holder Deception

Class action lawsuit filed against $AMC for allegedly misleading APE preferred equity unit holders about dividend rights following August 2023 conversion to common stock.
AMCsecurities fraudclass action lawsuit