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The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Hastings Entertainment, Inc. Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Hastings Entertainment, Inc. Buyout Proposal

SMITHTOWN, NY, March 18, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Hastings Entertainment, Inc. (“Hastings”) (NASDAQ CM: HAST) for possible breaches of fiduciary duties and other violations of law in connection with Hasting’s agreement to be acquired by affiliates of Joel Weinshanker (“Weinshanker”) in a transaction valued at approximately $21.4 million.

Under the terms of the agreement, public shareholders of Hastings will receive $3.00 per share in cash for each share of Hastings they own.

The investigation concerns whether Hastings’ Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Hastings’ stockholders would be fair and adequate, and whether Hastings is acting in its stockholders’ best interests.

If you own Hastings common stock, purchased your shares prior to March 17, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of EPL Oil & Gas, Inc. Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of EPL Oil & Gas, Inc. Buyout Proposal

SMITHTOWN, NY, March 12, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of EPL Oil & Gas, Inc. (“EPL”) (NYSE: EPL) for possible breaches of fiduciary duties and other violations of law in connection with EPL’s agreement to be acquired by Energy XXI (Bermuda) Limited (“EXXI”), (NASDAQ GS: EXXI), in a transaction valued at approximately $2.3 billion.

The transaction represents an implied price of $39.00 for each EPL share.  Under the terms of the agreement, public shareholders of EPL can elect to receive: either (i) $39.00 in cash, (ii) 1.669 common shares of EXXI, or (iii) $25.35 in cash plus 0.584 common shares of EXXI for each share of EPL they own.

The investigation concerns whether EPL’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to EPL’s stockholders would be fair and adequate, and whether EPL is acting in its stockholders’ best interests.

If you own EPL common stock, purchased your shares prior to March 12, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Santa Fe Gold Corporation Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Santa Fe Gold Corporation Buyout Proposal

SMITHTOWN, NY, March 10, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Santa Fe Gold Corporation (“Santa Fe”) (OTC QB: SFEG) for possible breaches of fiduciary duties and other violations of law in connection with Santa Fe’s agreement to be acquired by Tyhee Gold Corp. (“Tyhee”).

Under the terms of the proposal, public stockholders of Sante Fe will receive: (a) 0.9 of one common share of Tyhee (the “Tyhee Common Shares”) and (b) 0.45 of one warrant, with each whole warrant entitling the holder to purchase one Tyhee Common Share, at an exercise price of Cd$0.25 per Tyhee Common Share for a period of four years.

The investigation concerns whether Santa Fe’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Santa Fe’s stockholders would be fair and adequate, and whether Santa Fe is acting in its stockholders’ best interests.

If you own Santa Fe common stock, purchased your shares prior to January 24, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

 

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Centrix Bank & Trust Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Centrix Bank & Trust Buyout Proposal

SMITHTOWN, NY, March 6, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Centrix Bank & Trust (“Centrix”) (OTC QB: CXBT) for possible breaches of fiduciary duties and other violations of law in connection with Centrix’s agreement to be acquired by Eastern Bank Corporation (“Eastern”).

Under the terms of the proposal, public stockholders of Centrix would receive $41.00 cash for each share of Centrix they own.

The investigation concerns whether Centrix’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Centrix’s stockholders would be fair and adequate, and whether Centrix is acting in its stockholders’ best interests.

If you own Centrix common stock, purchased your shares prior to March 4, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

Tax Attorney vs. Tax Consulting Companies

Have you noticed that as we rapidly approach the April 15th tax filing deadline there seems to be an increased amount of radio and TV advertising by so-called tax consulting companies?  Some even try to disguise themselves as law firms by using words like “associates” or “partners” in their business name.

And for those that have had an IRS or New York state lien filed against them they can add to the list the blatantly misleading letters sent to them by these companies that are designed to look like an official collection notice and warning that the recipient must call right away or face a wage garnishment or worse!

If you or a loved one are dealing with a tax issue keep in mind that its not about finding someone to represent you but finding the right person to represent you!

Consulting companies do not owe their clients the same duty of care as attorneys do. Unlike consulting companies, attorneys have both the skill and ability to access U.S. Tax Court, and only attorneys can give you legal advice.

And only attorneys (not CPAs or enrolled agents) are afforded the privilege of confidential communications.

Facing a tax issue is scary, stressful and it won’t go away on its own.  Retaining a qualified and experienced attorney can help.

 

 

IcyHot? Bengay? Capzasin? Skin Injuries? Yes!

The U.S. Food and Drug Administration (FDA) has warned consumers that topical pain relievers like IcyHot might cause skin injuries.

What Are Topical Pain Relievers?

Not all pain is easily soothed by oral pain killers, and people who suffer localized pain for reasons such as muscle soreness or arthritis sometimes want more direct relief. That opical pain relievers, which are sold over the counter as creams, ointments, lotions, and patches containing menthol, methyl salicylate, or capsaicin. These chemicals produce a warm or cool sensation after application. Examples of topical pain relievers include: IcyHot, Bengay, Capzasin, Flexall and Mentholatum.

On September 13, 2012 the FDA issued a drug safety communication warning consumers that topical pain relievers might cause severe adverse skin reactions. These skin injury side effects occurred within 24 hours of use and often the first time the product was used and included: burning pain, swelling, blistering and first to third degree burns.

The FDA added that the number of cases is very small compared to the number of people who have used topical pain relievers. The agency does not believe that topical pain relievers pose a major risk to consumers, but the risk nevertheless exists. Those injured might be able to sue the manufacturer for compensation.

If you or a loved one has used a topical pain reliever and sustained an injury contact the Law Office of Jack Stuart Beige & Associates, P.C. to discuss your rights and options with one of our attorneys.

 

TriQuint Semiconductor, Inc. Investigation

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of TriQuint Semiconductor, Inc. Buyout Proposal

SMITHTOWN, NY, Feb. 25, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of TriQuint Semiconductor, Inc. (“TriQuint”) (NASDAQ GS: TQNT) for possible breaches of fiduciary duties and other violations of law in connection with TriQuint’s agreement to be acquired by RF Micro Devices, Inc. (“RF Micro”)(NASDAQ GS: RFMD).

Under the terms of the proposal, public stockholders of TriQuint would receive 1.675 shares of RF Micro for each share of TriQuint they own.

The investigation concerns whether TriQuint’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to TriQuint’s stockholders would be fair and adequate, and whether TriQuint is acting in its stockholders’ best interests.

If you own TriQuint common stock, purchased your shares prior to February 24, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

Humira Side Effects

Humira Side Effects

Research shows the immunosuppressant/arthritis drug adalimubab—sold under the brand name Humira—increases the risk of infection by the bacteria Legionella and Listeria.

Humira is the brand name for the drug adalimubab. Made and sold by Abbott Laboratories, this prescription medication is used to treat several autoimmune conditions. The U.S. Food and Drug Administration (FDA) first approved the drug in December 2002, and doctors prescribe it for rheumatoid arthritis (with methotrexate), juvenile idiopathic arthritis, psoriatic arthritis, ankylosing spondylitis, psoriatic arthritis, Crohn’s disease, and plaque soriasis. It comes in 40 mg/0.8 mL syringes and vials injected subcutaneously.

A member of the Tumor Necrosis Factor-alpha blocker (TNF-alpha blocker) class of immunosuppressant drugs, Humira works by binding to TNF-alpha, a natural cell-signaling molecule that attaches to immune cells. TNF-alpha blockers prevent TNF-alpha from binding with cells because TNF-alpha can cause tissue inflammation that leads to autoimmune diseases. By inhibiting it, Humira prevents the autoimmune response.

In September 2011, the FDA issued a Humira warning in the form of a Drug Safety Communication stating that Humira, along with other TNF-alpha blockers, increases the risk of infection by the bacteria Legionella and Listeria. The agency updated the drug’s label information to include a “black box” warning to reflect these developments. Black box warnings are the FDA’s most serious alert.

Legionella

Legionella bacteria are named for their eponymous outbreak at a convention of the American Legion in a hotel in 1976. Members at the convention came down with a fatal pneumonia, which physicians named “Legionnaires’ disease.” They traced the source of the outbreak to bacteria in the hotel’s damp air conditioning system. These are the symptoms of Legionnaires’ disease:

•Fever;

•Chills;

•Dry cough;

•Muscle aches;

•Headache;

•Tiredness;

•Loss of appetite;

•Loss of coordination;

•Diarrhea;

•Vomiting;

•Confusion;

•Impaired cognition;

•Low heart rate despite fever;

•Renal, liver, and electrolyte disorder; and

•Pneumonia.

Legionella infection can also cause a weaker disease called Pontiac fever.

According to the FDA’s Adverse Event Reporting System, between 1999 and 2010, 80 patients developed Legionella infections after using a TNF-alpha blocker. Most were using the drug for rheumatoid arthritis. Many of the 80 patients were also taking methotrexate, corticosteroids, or both. Fourteen of the 80 patients died.

Listeriosis

The Listeria genus of bacteria is named after the British scientist and developer of antiseptics, Joseph Lister. Listeria infections, called “listeriosis,” last seven to ten days and have the following symptoms:

•Fever;

•Muscle aches;

•Vomiting;

•Diarrhea (less common); and

•Meningitis (if the infection spreads to the nervous system).

The disease mostly affects newborns, the elderly, and pregnant women. The listeria bacteria mainly enter through contaminated food products, particularly tainted dairy ones.

The FDA identified 26 cases in English language medical publications of TNF-alpha blocker users coming down with listerioris. These infections resulted in meningitis, bacteremia, endophthalmitis, and sepsis. As with the Legionella­-infected patients, many Listeria-infected patients were also using other immunosuppressive drugs. Seven patients died of their infections.

Have You Suffered Humira Side Effects?

If you or a loved one has taken Humira and experienced and of the side effects contact our office and speak to our attorneys about your rights and options.

 

Investigation of Emeritus Corporation Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Emeritus Corporation Buyout Proposal

SMITHTOWN, NY, Feb. 21, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Emeritus Corporation (“Emeritus”) (NYSE: ESC) for possible breaches of fiduciary duties and other violations of law in connection with Emeritus’ agreement to be acquired by Brookdale Senior Living, Inc. (“Brookdale”)(NYSE: BKD).

Under the terms of the proposal, public stockholders of Emeritus would receive 0.95 shares of Brookdale for each share of Emeritus they own.

The investigation concerns whether Emeritus’ Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Emeritus’ stockholders would be fair and adequate, and whether Emeritus is acting in its stockholders’ best interests.

If you own Emeritus common stock, purchased your shares prior to February 20, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

Is that a clock you hear ticking?

If you have been injured as a result of an accident, such as a motor vehicle accident, slip and fall, or medical malpractice, then yes you are hearing the ticking of a clock!

The law provides specific time periods in which a lawsuit may be brought against a party responsible for your injuries.  These time periods are called the “Statute of Limitations” and can be as short as ninety (90) days.

Unless a lawsuit is commenced, once a Statute of Limitation has expired your ability to seek compensation for your injuries has also expired.

If you’ve been injured in a accident contact The Law Office of Jack Stuart Beige & Associates, P.C.  and speak with one of our attorneys to learn about your rights and options.

The clock is ticking.