Examples of FOE I in a sentence
Finally, at Count III, the Complaint alleges aiding and abetting breaches of fiduciary duty against Fortress, Holiday, FIG, FOE I and FIG Corp.
I note that the Complaint collectively refers to Fortress, FIG, FOE I and FIG Corp.
FOE I received 2,828,698 options in connection with New Residential‘s stock issuance to HLSS as consideration for its assets, 2,921,302 options in connection with the April offering, and 2,793,593 options in connection with the June offering, totaling approximately 8.54 million options for New Residential stock.
In Count I, Plaintiff alleges that Defendants breached their fiduciary duties by overpaying for the HLSS assets with stock and issuing options for New Residential shares to Defendant FOE I.
Defendant FOE I is the and substantial reference to the documents.‖ (quoting DeLuca v.
The Sellers acknowledge and agree that they are not relying upon any representations or warranties of the Companies, express or implied, except those contained herein, and the Sellers specifically do not request, desire or require the Companies to make any other representations or warranties whatsoever with respect to FIG, FOE I, FOE II, PH and/or the Purchased Shares or any other matter with respect to any of the transactions contemplated hereby.
FOE I and certain FIG employees sold New Residential shares worth $56 million at the same time.24The stock issued to fund the HLSS acquisition increased the New Residential paid-in equity capital account.
For example, the Complaint does not allege anything regarding the percentage of Fortress‘s ownership of FOE I, through FIG Corp., or the ratio of the alleged benefits to any Fortress financial metric.
As a result, the Stock Options Plan authorized New Residential to issue options awards to FOE I (presumably through FIG) in an amount equal to 10% of the shares New Residential issued.
Ch. 1998) (―Since, as a matter of law, Plaintiffs are unable to show a reasonable doubt as to Eisner‘s absence of self-interest, his potential domination over these two directors is inconsequential.‖).Management Agreement amendment relating to the transaction expenses.‖66 The Complaint actually alleges that FOE I received the options, FIG received the increased Management Fee and incentive compensation, and FIG, FOE I, and FIG employees received the proceeds from the stock sales.