{"id":405421,"date":"2020-12-23T19:04:24","date_gmt":"2020-12-24T00:04:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405421"},"modified":"2020-12-23T19:04:24","modified_gmt":"2020-12-24T00:04:24","slug":"weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/","title":{"rendered":"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 23, 2020<\/span> \/PRNewswire\/ &#8212;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" title=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\" alt=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p class=\"prntac\">\n        <u><br \/>\n          <b>If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:<\/b><br \/>\n        <\/u>\n      <\/p>\n<p class=\"prntac\">\n        <b><br \/>\n          <span class=\"xn-person\">Joshua Rubin, Esq.<\/span><br \/>\n          <br \/>\n        <\/b>WeissLaw LLP<br \/>1500 Broadway, 16<sup>th<\/sup> Floor<br \/><span class=\"xn-location\">New York<\/span>, NY\u00a0 10036<br \/><b>(212)\u00a0682-3025<br \/>(888) 593-4771<\/b><br \/><b><u><a target=\"_blank\" href=\"mailto:stockinfo@weisslawllp.com\" rel=\"nofollow noopener noreferrer\">stockinfo@weisslawllp.com<\/a><\/u><\/b><\/p>\n<p>\n        <b>Foley Trasimene Acquisition Corp. II <\/b>(NYSE: BFT)<\/p>\n<p>WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of <b>Foley Trasimene Acquisition Corp. II (NYSE: BFT)<\/b> in connection with the company&#8217;s proposed merger with privately-held Paysafe Group Holdings Limited (&#8220;Paysafe&#8221;). \u00a0Under the terms of the agreement, BFT will combine with Paysafe via a reverse merger that will result in Paysafe becoming a publicly traded company.\u00a0 If you own BFT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021888-2&amp;h=2012405190&amp;u=https%3A%2F%2Fweisslawllp.com%2Fbft%2F&amp;a=https%3A%2F%2Fweisslawllp.com%2Fbft%2F\" rel=\"nofollow noopener noreferrer\"><b>https:\/\/weisslawllp.com\/bft\/<\/b><\/a><b>\u00a0\u00a0<\/b><\/p>\n<p>\n        <b>Front Yard Residential Corporation <\/b>(NYSE: RESI)<\/p>\n<p>WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of\u00a0<b>Front Yard Residential Corporation (NYSE: RESI)<\/b> in connection with the proposed acquisition of the company by a partnership led by Pretium Partners, LLC and Ares Management Corporation.\u00a0 Under the terms of the agreement, RESI shareholders will receive <span class=\"xn-money\">$16.25<\/span> per share in cash for each share of RESI that they hold. \u00a0If you own RESI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021888-2&amp;h=1465498028&amp;u=https%3A%2F%2Fweisslawllp.com%2Fresi%2F&amp;a=https%3A%2F%2Fweisslawllp.com%2Fresi%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/weisslawllp.com\/resi\/<\/a>\u00a0 <\/p>\n<p>\n        <b>CIT Group Inc. <\/b>(NASDAQ: CIT)<\/p>\n<p>WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of <b>CIT Group Inc. (NASDAQ: CIT)<\/b>\u00a0in connection with the proposed acquisition of the company by First Citizens BancShares, Inc. (&#8220;FCNCA&#8221;).\u00a0 Under the terms of the agreement, CIT shareholders will receive 0.0620 FCNCA shares for each CIT share that they own, representing implied per-share merger consideration of <span class=\"xn-money\">$35.51<\/span> based upon FCNCA&#8217;s <span class=\"xn-chron\">December 22, 2020<\/span> closing price of <span class=\"xn-money\">$572.72<\/span>.\u00a0 If you own CIT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021888-2&amp;h=3025578558&amp;u=https%3A%2F%2Fweisslawllp.com%2Fcit%2F&amp;a=https%3A%2F%2Fweisslawllp.com%2Fcit%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/weisslawllp.com\/cit\/<\/a>\u00a0 \u00a0<\/p>\n<p>\n        <b>Alaska Communications Systems Group, Inc. <\/b>(NASDAQ: ALSK)<\/p>\n<p>WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of <b>Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) <\/b>in connection with the proposed acquisition of the company by a consortium comprised of Macquarie Capital and GCM Grosvenor.\u00a0 Under the terms of the agreement, ALSK shareholders will receive <span class=\"xn-money\">$3.26<\/span> in cash for each ALSK share that they hold.\u00a0 If you own ALSK shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: <b><u>\u00a0<\/u><\/b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021888-2&amp;h=3600954897&amp;u=https%3A%2F%2Fwww.weisslawllp.com%2FALSK%2F&amp;a=https%3A%2F%2Fwww.weisslawllp.com%2FALSK%2F\" rel=\"nofollow noopener noreferrer\"><b>https:\/\/www.weisslawllp.com\/ALSK\/<\/b><\/a><b><u>\u00a0<\/u><\/b><\/p>\n<p>\n        <b \/>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC33091&amp;sd=2020-12-23\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations-301198310.html\">http:\/\/www.prnewswire.com\/news-releases\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations-301198310.html<\/a><\/p>\n<p>SOURCE  WeissLaw LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC33091&amp;Transmission_Id=202012231901PR_NEWS_USPR_____DC33091&amp;DateId=20201223\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Dec. 23, 2020 \/PRNewswire\/ &#8212; If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th FloorNew York, NY\u00a0 10036(212)\u00a0682-3025(888) 593-4771stockinfo@weisslawllp.com Foley Trasimene Acquisition Corp. II (NYSE: BFT) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Foley Trasimene Acquisition Corp. II (NYSE: BFT) in connection with the company&#8217;s proposed merger with privately-held Paysafe Group Holdings Limited (&#8220;Paysafe&#8221;). \u00a0Under the terms of the agreement, BFT will combine with Paysafe via a reverse merger that will result in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405421","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 23, 2020 \/PRNewswire\/ &#8212; If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th FloorNew York, NY\u00a0 10036(212)\u00a0682-3025(888) 593-4771stockinfo@weisslawllp.com Foley Trasimene Acquisition Corp. II (NYSE: BFT) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Foley Trasimene Acquisition Corp. II (NYSE: BFT) in connection with the company&#8217;s proposed merger with privately-held Paysafe Group Holdings Limited (&#8220;Paysafe&#8221;). \u00a0Under the terms of the agreement, BFT will combine with Paysafe via a reverse merger that will result in &hellip; Continue reading &quot;WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-24T00:04:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations\",\"datePublished\":\"2020-12-24T00:04:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\\\/\"},\"wordCount\":510,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/743985\\\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\\\/\",\"name\":\"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations - 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WeissLaw LLP1500 Broadway, 16th FloorNew York, NY\u00a0 10036(212)\u00a0682-3025(888) 593-4771stockinfo@weisslawllp.com Foley Trasimene Acquisition Corp. II (NYSE: BFT) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Foley Trasimene Acquisition Corp. II (NYSE: BFT) in connection with the company&#8217;s proposed merger with privately-held Paysafe Group Holdings Limited (&#8220;Paysafe&#8221;). \u00a0Under the terms of the agreement, BFT will combine with Paysafe via a reverse merger that will result in &hellip; Continue reading \"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-24T00:04:24+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations","datePublished":"2020-12-24T00:04:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/"},"wordCount":510,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/weisslaw-llp-reminds-bft-resi-cit-and-alsk-shareholders-about-its-ongoing-investigations\/","name":"WeissLaw LLP Reminds BFT, RESI, CIT, and ALSK Shareholders About Its Ongoing Investigations - 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