Understand Your Rights. Solve Your Legal Problems
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has opened an investigation into Organon & Co. (NYSE: OGN) after the company’s stock dropped sharply following disappointing quarterly results and a drastic dividend reduction.
The firm is examining potential violations of federal securities laws or other corporate misconduct.
The investigation follows Organon’s May 1, 2025 earnings report, which revealed a 7% year-over-year revenue decline to $1.51 billion, driven by a 17% drop in Biosimilars and an 11% decline in Established Brands after losing exclusivity for Atozet.
Organon announced a reduction in its quarterly dividend from $0.28 to $0.02 per share, a cut of over 92%. The announcement triggered a significant selloff, with the company’s stock price declining more than 28% in a single trading session.
Bragar Eagel & Squire, P.C. is currently investigating potential claims on behalf of investors who suffered losses. The firm is offering no-cost consultations to evaluate whether shareholders may be eligible to participate in a class action or pursue other legal recourse.
If you invested in Organon and suffered financial losses, or if you have information related to the company’s recent disclosures, you may be entitled to compensation. There is no cost or obligation to participate.
📧 Contact Bragar Eagel & Squire, P.C.
Email: investigations@bespc.com
Phone: (212) 355-4648
Or submit a form here
This investigation is ongoing. Investors are encouraged to act promptly.
Bragar Eagel & Squire, P.C. is a nationally recognized law firm focused on securities litigation, corporate governance, and complex commercial disputes. Based in New York, the firm represents individual and institutional investors in high-stakes cases nationwide. With a strong track record of recoveries totaling over a billion dollars, Bragar Eagel is known for its aggressive advocacy, strategic litigation, and commitment to investor rights.
A man from New Albany, Ohio, is facing a slew of federal charges after allegedly sending a series of disturbing letters and emails to politicians, law enforcement officials, and even a local TV station, many containing white powder, violent threats, and in one case, a bullet with a public official’s name etched into it.
Federal prosecutors say Ronald Lidderdale, 39, launched a months-long campaign of intimidation targeting at least 34 people across the state, including elected officials and individuals connected to Ohio politics.
Lidderdale appeared in federal court in Columbus on Monday, where he was formally charged with a list of offenses including mailing threatening communications, interstate threats, cyberstalking, and making hoax threats involving hazardous materials.
The case paints a chilling picture: at least 65 letters and emails sent to public figures, with 49 of those letters allegedly containing suspicious white powder.
Officials say the powder was sometimes falsely identified as ricin, a deadly toxin. Nearly 30 people received those powder-laced letters.
In one especially unsettling instance, Ronald Lidderdale is accused of mailing a 9mm bullet with the recipient’s last name engraved on the casing, a personalized and menacing touch that prosecutors say was meant to terrorize.
Between July and early August 2024, investigators believe Lidderdale sent out five separate batches of threatening letters, around a dozen total, many of which listed return addresses tied to people who worked for or had worked with the targeted officials.
Each letter, according to court records, included graphic language threatening death or physical harm.
Among the messages were statements like, “I will kill you for your ignorant loyalty to your pedophilic party,” and “I will kill you for the good of The People. Your death will come when you least expect it.”
More recently, federal agents say Ronald Lidderdale sent eight new letters that included a “hit list” of individuals he claimed he intended to kill during the month of May.
He didn’t stop at letters. Prosecutors allege that Lidderdale also emailed various law enforcement agencies, including both federal and local authorities, outlining his plans and repeating his threats.
In one email, he reportedly wrote: “Each [victim] will receive the gift of their names etched onto a single bullet. Their skull is the target — the bullet is the gift.”
On May 8, during an interview with FBI agents, Lidderdale allegedly admitted to sending the threats.
He told investigators that his intention was to instill fear, not just in the individuals he targeted, but in anyone who might see the letters. He said the goal was to make people afraid of being hurt, to change their behavior.
If convicted, Lidderdale could face serious time behind bars. Mailing threatening communications carries a maximum penalty of 10 years in federal prison.
The other charges, including making threats across state lines, cyberstalking, and conveying hoaxes, are each punishable by up to five years.
Authorities have not released details about how the letters were traced back to Lidderdale or what prompted the wave of threats. The investigation remains active.
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Dentons has successfully advised Turkish energy company Yeşilyurt Enerji on the acquisition of a 41 MW solar park project in Romania’s Dâmbovița County.
The project is at a ready-to-build stage, with all required permits secured, paving the way for construction to begin.
Dentons delivered end-to-end legal support throughout the transaction, including legal due diligence, deal structuring, contract drafting and negotiation, and assistance during signing and closing.
Cristian Popescu commented:
“This transaction strengthens Dentons' relationship with Turkish investors in the sustainable energy sector and highlights our dedication to delivering innovative legal solutions aligned with their strategic objectives.”
Cosmin Roman added:
“We are proud to have facilitated a deal that not only advances the growth of green energy in Romania but also strengthens our client’s position in the market.”
The cross-functional team was led by Counsel Cosmin Roman, with support from Associate Ruxandra Ronea, under the supervision of Partner Cristian Popescu.
The broader team included Senior Associate Mihut-Ioan Radu, Associates Patricia Botezatu and Dragos Nicula, and Paralegal Andrei Marinescu, all part of the firm’s Corporate M&A practice.
Yeşilyurt Enerji Elektrik Üretim A.Ş. was founded in 2010 and began generating electricity in 2013 with a 162 MWh natural gas combined cycle power plant. By 2018, it had increased its installed capacity to 234.452 MWh. The company operates across electricity generation, trading, and sales.
In 2014, it launched Yeşilyurt Elektrik Toptan Satış to supply energy to residential, commercial, and industrial users. It expanded into cross-border trading in 2017 under Yeşilyurt Energy Trading D.O.O., entered the natural gas market in 2019, and broadened its portfolio in 2021 with Prague-based Greenland Commodities.
Yeşilyurt Enerji focuses on sustainability, innovation, and integrated energy services across European markets.
Dentons, founded in 2013, is the world’s largest law firm, operating in over 80 countries. With its unique polycentric structure, Dentons offers clients access to top-tier legal talent and deep local insight across key global markets. The firm is recognized for its commitment to innovation, client service, and helping organizations navigate complex legal and business challenges in a rapidly evolving world.
Kantrowitz Files Class Action Against iHeartMedia Over Data Breach
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Kantrowitz, Goldhamer & Graifman, P.C., a nationally recognized consumer protection law firm, has launched an investigation into a major data breach involving iHeartMedia, the largest radio station owner in the United States.
The breach discovered in late December 2024 but not disclosed to affected individuals until late April 2025, may have compromised highly sensitive personal and financial information.
According to iHeartMedia, the unauthorized access occurred between December 24 and December 27, 2024, when cybercriminals infiltrated local station systems and accessed files containing customer data.
The company completed its internal investigation by April 11, 2025, but notifications to victims didn’t begin until April 30, a delay that has drawn concern from legal experts and consumer advocates alike.
While iHeartMedia has not specified how many individuals were impacted, it confirmed that residents of at least six states - Maine, Rhode Island, Maryland, New York, North Carolina, and New Mexico, were among those affected. The compromised data included:
Full names
Social Security numbers
Tax ID numbers
Driver’s license and state ID numbers
Passport numbers
Bank and payment card information
The nature of the exposed information presents a serious risk of identity theft, financial fraud, medical fraud, and insurance misuse.
Attorneys Melissa R. Emert and Gary S. Graifman of Kantrowitz, Goldhamer & Graifman, P.C. are currently reviewing the case.
The firm is evaluating whether iHeartMedia failed to meet its legal obligations to protect personal data and to notify consumers in a timely manner following the breach.
“Consumers deserve immediate notice when their personal data is compromised. The delay here raises significant concerns.” said Mr. Graifman.
The firm is urging anyone who received a Notice of Data Breach from iHeartMedia to reach out to explore their potential eligibility for a class action lawsuit.
If you believe your information was involved in the breach, contact the firm to learn more:
Kantrowitz, Goldhamer & Graifman, P.C.
135 Chestnut Ridge Road – Suite 200
Montvale, NJ 07645
Phone: (866) 896-0935
Email: memert@kgglaw.com or ggraifman@kgglaw.com
Kantrowitz, Goldhamer & Graifman, P.C. is a full-service law firm with offices in Rockland County, New York, and Bergen County, New Jersey. Established in 1975 by Walter L. Kantrowitz and Paul Goldhamer, Esq., the firm has a longstanding commitment to providing comprehensive legal services to individuals, families, and businesses. In 1985, Barry S. Kantrowitz, Esq., joined the firm, continuing his father's legacy. The firm's attorneys specialize in various practice areas, including personal injury, family law, class action litigation, employment law, estate planning, real estate development, and corporate commercial litigation. With decades of combined experience, the firm prides itself on delivering personalized legal representation and has been serving clients throughout New York and New Jersey for over 40 years.
If you’re used to flying down Florida highways with a heavy foot, you may want to start rethinking that habit.
A new bill sitting on Governor Ron DeSantis’s desk is poised to bring some of the harshest penalties the state has ever seen for excessive speeding.
Known as House Bill 351, the legislation passed both chambers of the Florida Legislature with strong support and now awaits the governor’s signature.
Should it become law, drivers caught pushing their limits on the road could soon find themselves facing fines, courtrooms and in some cases, jail.
The bill zeroes in on what lawmakers are calling “dangerous excessive speeding.” Under HB 351, two actions fall into that category:
Driving 50 miles per hour or more over the posted speed limit, or
Driving 100 miles per hour or faster in a way that endangers others or disrupts traffic.
The penalties are steep and escalate quickly:
First offense: Up to 30 days in jail, a $500 fine, or both
Second or subsequent offense: Up to 90 days in jail, a $1,000 fine, or both
License revocation: Repeat offenders may lose their driving privileges for 6 months to 1 year
Additionally, drivers cited for these violations will be required to appear in court, no more mailing in a check and moving on.
Behind the bill is a deeply personal story.
The legislation was partly inspired by the death of 11-year-old Anthony Reznick, who was killed by a driver with a long history of reckless speeding.
For State Senator Jason Pizzo, who sponsored the Senate version of the bill, it’s about more than traffic safety, it’s about accountability.
“This isn’t about someone going 10 over on their way to work,” Mr. Pizzo told reporters. “This is about people driving 120 miles an hour on the highway and weaving through traffic like they’re in a video game. Enough is enough.”
HB 351 drew bipartisan support. The Florida Senate passed it unanimously, 37–0, while the House approved it in a 75–38 vote. The primary sponsors, Reps. Susan Plasencia and Danny Alvarez, say the bill sends a clear message: Florida is done tolerating extreme speeding.
Backers of the legislation point to rising traffic fatalities and a wave of viral social media videos glamorizing high-speed stunts. Critics, meanwhile, have raised concerns about jail overcrowding and potential overreach, but those arguments failed to gain much traction this session.
Levi & Korsinsky, LLP has filed a class action lawsuit on behalf of investors in Perpetua Resources Corp. (NASDAQ: PPTA), alleging the company misled shareholders about the true costs of its Stibnite Gold Project.
The suit covers investors who purchased Perpetua stock between April 17, 2024, and February 13, 2025. According to the complaint, company executives downplayed inflation and other cost risks, suggesting only minor capital increases.
But on February 13, Perpetua released an updated financial model showing a $952 million surge in projected expenses, a 75% increase over prior estimates.
The spike was attributed to inflation, higher mining costs, and company decisions such as switching from timber to steel utility poles and buying rather than leasing an oxygen plant.
The next day, Perpetua’s stock plunged 22.39%, dropping from $11.97 to $9.29 per share.
Investors who suffered losses during the class period have until May 20, 2025, to request appointment as lead plaintiff. You don’t need to serve as lead plaintiff to be eligible for compensation.
To join the lawsuit or learn more:
👉 Submit your information here or contact: Joseph E. Levi, Esq. , jlevi@levikorsinsky.com
Or by telephone: (212) 363-7500.
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Pappas Restaurants Acquires On The Border After Bankruptcy Filing
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Pappas Restaurants, the family-run Houston giant behind brands like Pappasito’s Cantina and Pappadeaux Seafood Kitchen, emerged as the winning bidder for On The Border Mexican Grill & Cantina.
While most headlines focus on the fajitas and frozen margaritas, this story has deeper implications for bankruptcy attorneys and corporate restructuring professionals watching the retail and hospitality sectors.
It’s a case that speaks volumes about how strategic buyers can capitalize on distressed assets while navigating the often complex landscape of Chapter 11.
Founded in 1982, On The Border grew into one of the most recognizable Tex-Mex brands in the country. But rising operational costs, staffing shortages, and shifting consumer habits took their toll.
By March 2025, the Dallas-area company filed for Chapter 11 bankruptcy protection in federal court in Atlanta.
Even with 80 locations still in operation across the U.S. and internationally, the company faced mounting pressure from creditors and couldn’t weather the financial headwinds alone.
That’s when Pappas stepped in.
Through an affiliate called OTB Hospitality LLC, Pappas Restaurants provided $10 million in debtor-in-possession (DIP) financing.
That allowed On The Border to continue operations during bankruptcy proceedings and gave Pappas a strong seat at the table when it came time to sell.
Legal experts watching the case say it’s a textbook example of how DIP financing can be used not just to support a struggling business, but also to position a buyer favorably during a Section 363 asset sale.
The bankruptcy court ultimately approved Pappas’ offer, paving the way for the chain’s integration into a growing portfolio that already spans over 100 restaurants across eight states.
The On The Border acquisition is more than just another restaurant merger. For those in the legal field, it underscores several recurring themes in post-pandemic bankruptcy practice:
The Value of Timing: Pappas acted early with DIP financing, gaining leverage without rushing the sale process.
Brand Equity Still Matters: Even distressed companies can retain brand value that attracts serious bidders.
Section 363 Sales Are Powerful Tools: These court-approved sales remain one of the cleanest, fastest ways to transfer assets free and clear of liabilities when executed properly.
This deal also reflects a growing trend in hospitality: smart operators aren’t just building new restaurants, they’re acquiring troubled ones with strong bones and reimagining their potential.
If the deal is finalized as expected, Pappas Restaurants will inherit a nationally recognized brand with room to grow , particularly in regions like Houston where On The Border has yet to make its mark.
For legal professionals, the case serves as a timely reminder that even in industries where margins are thin and volatility is high, strategic legal and financial planning can lead to outcomes where everyone: debtors, creditors, and buyers - walks away with something of value.
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Burger King Faces Lawsuit Over 'Misleading' Whopper Advertising
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Kirkland & Ellis LLP advised North American investment firm Altas Partners in its equity investment in Redwood Services, a leading national platform in the essential home services sector.
The transaction was announced on May 8, 2025, and is expected to close in the second quarter, subject to regulatory approvals.
The investment expands Redwood’s investor group alongside founding backer Union Main Group and reflects continued investor interest in the residential HVAC and plumbing sector, where Redwood has established a strong and growing national presence. Terms of the transaction were not disclosed.
Today, Redwood supports more than 2,500 employees and generates over $500 million in annual revenue.
Its growth strategy centers on partnering with local, independently operated service providers and offering centralized operational support through its Partner Support Center, a model designed to fuel consistent performance while preserving local identity.
“Altas is the ideal partner as we embark on our next phase of growth,” said Richard Lewis, founder and CEO of Redwood Services.
“We’ve built a nationwide, people-first platform that empowers elite contractors through local alignment and world-class support. Our Partner Support Center helps our Partners unlock their full potential, enabling them to deliver exceptional service and build lasting customer relationships. We’re proud of what we’ve built, and we’re just getting started.”
Altas Partners described Redwood as one of the most compelling platforms in the industry. “We’ve spent several years studying the home services and residential HVAC space, and Redwood stands out as one of the premier platforms in the industry,” said Michael Korzinstone, a partner at Altas.
“Redwood’s impressive team, disciplined approach to growth, strong local alignment, and mission-driven culture set it apart from others in the industry.
Given our track record of helping scale leading services businesses in other sectors, we are confident we can provide the support and capabilities to help Redwood accelerate its growth while preserving what makes it exceptional.”
The Kirkland & Ellis team advising Altas included corporate lawyers Keri Schick Norton, Michael Weisser, Aidan Murphy, Julianna Debler Nester, Jonathan Carter, Oseremen Eromosele, and Anne Hicks; tax lawyers Liam Murphy and Vin Thorn; and debt finance lawyer Scott Rolnik.
Redwood was advised by Piper Sandler & Co. on financial matters. Legal counsel was provided by Debevoise & Plimpton LLP and Burch, Porter & Johnson, PLLC. Altas was also advised by Baird and Deutsche Bank on the financial side.
Kirkland & Ellis is a leading global law firm known for its excellence in M&A, corporate law, litigation, intellectual property, and private equity. With offices in key financial centers worldwide, the firm advises clients across a broad range of industries. Recognized for its work on high-stakes transactions and disputes, Kirkland delivers innovative legal strategies backed by deep industry knowledge. Its focus on complex deals and cutting-edge solutions positions it as a trusted advisor in the global legal market.
Latham & Watkins LLP has advised TA Associates on its proposed acquisition of FD Technologies PLC, in a deal that values the UK-based data analytics group at approximately £570 million.
Under the terms of the agreement, funds advised by TA will acquire the entire issued and to-be-issued share capital of FD Technologies through a newly formed entity, Bidco.
The all-cash offer represents a 27% premium to FD’s share price of £19.28 as of May 6, 2025, and a 51% premium to the company’s twelve-month volume-weighted average price.
FD Technologies, which trades on the AIM market of the London Stock Exchange under the symbol FDP.L, is best known as the parent company of KX, a global leader in real-time analytics software.
The transaction is expected to strengthen KX’s position in the increasingly competitive AI and data infrastructure space.
“KX’s high performance data and analytics software supports fast-moving, data-intensive organizations and is foundational to the AI and analytics stacks of global enterprises.
TA’s strategic and operational expertise will support our mission to accelerate product innovation and deepen our impact across high-growth, high-value verticals.” said Ashok Reddy, CEO of KX.
Hythem El-Nazer, Co-Managing Partner at TA, added: “With decades of experience investing in and scaling leading enterprise software companies, TA has developed a deep understanding of what it takes to build enduring platforms. We’re excited to partner with Ashok and the KX team to accelerate their vision.”
Latham & Watkins’ cross-border team advising TA and Bidco includes:
Corporate: Paul Dolman and Richard Butterwick (partners, London), with Edward Coates, Jacopo Eftekhar Zonouzi, Sam Cadd, and Manon Cote (associates)
Finance: Hugh O’Sullivan (partner, London) and Jerome McCluskey (partner, New York), supported by associates Farisha Khan, Melissa Doura, Andrew O’Neill, and Xiaotian Xu
Technology & Data: Christian McDermott (partner, London)
Employment: Sarah Gadd (partner, London)
Real Estate: Quentin Gwyer (partner, London)
Tax: Helen Lethaby (partner, London) and counsel James Leslie
Jefferies International Limited is acting as financial adviser to TA and Bidco.
The deal remains subject to regulatory and shareholder approvals, with completion expected later this year.
TA Associates is a global private equity firm founded in 1968, specializing in growth investments in profitable companies. With over $65 billion raised and offices in Boston, Menlo Park, Austin, London, Mumbai, and Hong Kong, TA has invested in more than 560 companies across technology, healthcare, financial services, consumer, and business services. The firm partners with management teams to drive long-term, sustainable growth through majority and minority investments.
Latham & Watkins, founded in 1934, is a global law firm with more than 3,000 lawyers across major business and financial centers. The firm advises top companies, investors, and institutions on high-stakes transactions, regulatory matters, and litigation. Known for its collaborative culture and deep industry knowledge, Latham delivers practical, strategic legal solutions worldwide.
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For years, Burger King’s Whopper has been marketed as a hefty, satisfying burger. But now, the fast-food giant finds itself at the center of a legal battle over just how hefty that burger really is.
A federal judge ruled this week that a class-action lawsuit accusing Burger King of false advertising can move forward.
The lawsuit, originally filed by 19 customers from across 13 states, claims that the company has been overstating the size of its Whoppers in marketing materials since at least 2017.
The plaintiffs argue that Burger King's in-store menu displays feature burgers that look up to 35% larger than the sandwiches actually served.
They contend this discrepancy amounts to deceptive marketing and has misled consumers into believing they were getting more for their money.
In his ruling, U.S. District Judge Roy Altman acknowledged that the case raises issues that go beyond the usual "puffery" found in advertising.
"It is plausible that a reasonable consumer would be misled," Altman wrote, rejecting Burger King’s attempt to have the case dismissed.
However, the judge did narrow the scope of the lawsuit. Claims related to television and online advertisements were thrown out.
The focus now remains solely on what customers see when they walk into a Burger King restaurant.
In a statement, Burger King denied any wrongdoing. The company insists that the same flame-grilled beef patties featured in its advertisements are used in the burgers served to customers.
The company also defended the practice of food styling, where items in ads are prepared for maximum visual appeal, a long-standing industry norm that’s common across fast food and restaurant marketing.
"Our guests understand that marketing images are designed to make food look as appetizing as possible," a Burger King spokesperson said.
This isn’t the first time fast food advertising has come under legal scrutiny. In recent years, chains like McDonald’s and Wendy’s have faced similar lawsuits, though some of those cases were dismissed.
Legal experts say the outcome of the Burger King case could set a new standard for what counts as acceptable advertising in the fast food industry.
If the plaintiffs succeed, it could force not only Burger King but other companies to rethink how they depict their products.
"This could have ripple effects throughout the industry," said Mark Feldman, a Miami-based attorney specializing in consumer protection law.
"It’s about transparency and trust. Companies need to be careful not to cross the line between persuasive marketing and outright deception."
Burger King has faced several notable lawsuits over the years, many centered around advertising and consumer expectations. The current Whopper size lawsuit isn’t the first time the fast-food chain has been challenged in court:
Whopper Size Lawsuit (2022–Present): Plaintiffs allege Burger King exaggerated Whopper sizes in ads. A judge allowed the case to proceed in 2025.
Impossible Whopper (2019): A vegan customer sued over cross-contamination claims. The lawsuit was dismissed.
Trademark Dispute (1968): A local Illinois restaurant won a ruling preventing Burger King from operating in Mattoon, Illinois.
Hungry Jack’s Franchise Dispute (2001): In Australia, Burger King lost a $46.9 million case to its franchisee, Hungry Jack’s.
Needle Incident (2010): A U.S. Army staff sergeant sued after allegedly finding needles in a burger.
