Chesapeake Financial Shares Inc
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Financials : Banks |
Company profile

Chesapeake Financial Shares, Inc. (CFS) is a bank holding company. The Company has interest in Chesapeake Bank (the Bank), Chesapeake Investment Group, Inc. (CIG) and CFS Capital Trust (the Trust). The Bank offers mortgage, commercial and consumer loans to its customers. Its loan portfolio includes commercial loans, such as non-real estate, commercial-real-estate, consumer-non real estate and residential real estate. It offers personal and business products and services, including checking, savings, certificates of deposit, mortgages, mobile and online banking, e-services comprising an Internet branch, and a business cash management program. Its securities available for sale include securities of state and political subdivisions, and mortgage-backed securities. CIG offers brokerage, trust and estate management services.

Closing Price
$20.30
Day's Change
0.00 (0.00%)
Bid
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Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
1,849
0

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Coty Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 3, 2020 - COTY

9:27 am ET September 23, 2020 (Newsfile) Print

New York, New York--(Newsfile Corp. - September 23, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Coty Inc. ("Coty") (NYSE: COTY) between October 3, 2016 and May 28, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. To get more information go to:

https://www.zlk.com/pslra-1/coty-inc-information-request-form?prid=9522&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7091/64472_389294_logo.jpg

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) despite being no stranger to beauty brand acquisitions, Coty did not have adequate processes and procedures in place to assess and properly value the P&G Specialty Beauty Business and Kylie Cosmetics acquisitions; (2) as a result, Coty had overpaid for the P&G Specialty Beauty Business and Kylie Cosmetics; (3) Coty did not have adequate infrastructure to smoothly integrate and support the beauty brands that it acquired from P&G, including an adequate supply chain; (4) as a result of its inadequate infrastructure, Coty was not successfully integrating the beauty brands it acquired from P&G and not delivering synergies from the acquisition; and (5) as a result of the foregoing, Coty's financial statements and Defendants' statements about Coty's business, operations, and prospects, were materially false and/or misleading at all relevant times.

If you suffered a loss in Coty you have until November 3, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64472

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