Eastman Kodak Co
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Information Technology : Technology Hardware, Storage & Peripherals | Small Cap Value
Company profile

Eastman Kodak Company is a global commercial printing and imaging company with technologies in materials science, digital imaging science and software, and deposition processes. The Company provides hardware, software, consumables and services to customers in graphic arts, commercial print, publishing, packaging, electronic displays, entertainment and commercial films, and consumer products markets. The Company operates through seven segments: Print Systems, Micro 3D Printing and Packaging, Software and Solutions, Consumer and Film, Enterprise Inkjet Systems, Advanced Materials and 3D Printing Technology and Eastman Business Park. The Print Systems segment comprises two lines of business: Prepress Solutions and Electrophotographic Printing Solutions. The Micro 3D Printing and Packaging segment comprises two lines of business: Packaging and Micro 3D Printing.

Postmarket

Last Trade
Delayed
$8.79
-0.03 (-0.34%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$8.82
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.13
Day's Low
8.67
Volume
(Light)
Volume:
6,338,866

10-day average volume:
35,428,734
6,338,866

KODK Alert: Johnson Fistel Launches Investigation into Eastman Kodak Following SEC Inquiry; Investors Suffering Losses Encouraged to Contact Firm

5:45 pm ET August 4, 2020 (PR Newswire) Print

Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Eastman Kodak Company ("Kodak" or "the Company") (NYSE:KODK) for violations of federal securities laws.

On August 3, 2020, The Wall Street Journal announced that the Securities and Exchange Commission (SEC) is investigating the circumstances around Kodak's July 2020 announcement of a $765 million government loan to make drugs at its U.S. factories. Following the announcement, Kodak's stock price climbed sharply from a closing price of $2.62 per share on July 27, 2020 to close at $33.20 per share on July 29, 2020. Then, on August 1, 2020, Reuters reported that prior to the announcement of the loan, Kodak "granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an 'understanding' with its board that had previously neither been listed in his employment contract nor made public."

If you have information that could assist in this investigation, or if you are a Kodak shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:Johnson Fistel, LLPJim Baker, 619-814-4471 jimb@johnsonfistel.com

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View original content:http://www.prnewswire.com/news-releases/kodk-alert-johnson-fistel-launches-investigation-into-eastman-kodak-following-sec-inquiry-investors-suffering-losses-encouraged-to-contact-firm-301106117.html

SOURCE Johnson Fistel, LLP

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