Several institutional investors have recently taken an interest--> in SIGA. American Century Companies Inc. boosted its position in SIGA Technologies by 251.2% during the 2nd quarter. American Century Companies Inc. now owns 841,759 shares of the company's stock valued at $6,389,000 after buying an additional 602,091 shares during the period. First Wilshire Securities Management Inc. boosted its position in SIGA Technologies by 14.4% during the 4th quarter. First Wilshire Securities Management Inc. now owns 2,362,107 shares of the company's stock valued at $13,228,000 after buying an additional 297,095 shares during the period. Denali Advisors LLC purchased a new stake in SIGA Technologies during the 2nd quarter valued at $1,815,000. Campbell & CO Investment Adviser LLC boosted its position in SIGA Technologies by 453.4% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 218,953 shares of the company's stock valued at $1,226,000 after buying an additional 179,388 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of SIGA Technologies in the 1st quarter worth about $1,367,000. Hedge funds and other institutional investors own 55.40% of the company's stock.
Really is impressive. I thought about adding it to the SHORT REPORT when I saw a $6 handle but The CEO is a women. And I think more trustworthy. Real company here and out of nowhere. Lumen Technologies/CEO Kate Johnson
Exclusive-J&J near disclosing support for talc settlement, sources say NEW YORK (Reuters) - Johnson & Johnson is preparing to unveil widespread support in coming days for a $6.48 billion offer to settle tens of thousands of legal actions alleging its Baby Powder and other talc products caused cancer, two people familiar with the matter said. The healthcare giant plans as soon as Friday to disclose that 75% or more of claimants alleging J&J talc sickened them have voted in favor of a bankruptcy settlement that would halt current and future cases, the people said. J&J is preparing to have a subsidiary seek bankruptcy protection as soon as next week to execute the settlement, the people said. Support from 75% of claimants is the legally required threshold for a judge to approve the kind of bankruptcy settlement J&J has proposed. The deadline for casting votes was July 26. The company maintains its talc products are safe and do not cause cancer. J&J's timetable for both disclosing claimants' settlement support and initiating a bankruptcy filing, which have not been previously reported, remains in flux and could change, one of the people said. Earlier this week, J&J was still in the process of sifting through claimants' votes, though it expected to receive the necessary support to put the proposed settlement before a bankruptcy judge for approval, this person said. "We cannot comment until the vote is certified," a J&J spokesperson told Reuters. J&J faces talc lawsuits from more than 62,000 plaintiffs, according to a company filing. But the figure swells as high as 100,000 when counting claimants who haven't sued, Erik Haas, J&J's global vice president of litigation, has said. After being rebuffed twice by federal courts, J&J is attempting again to end the talc litigation in a so-called "Texas two-step" bankruptcy. The two-step maneuver involves offloading its talc liability onto a newly created subsidiary, which then declares Chapter 11. The goal is to use the proceeding to force all claimants into one settlement without requiring J&J to file bankruptcy itself. Some lawyers representing tens of thousands of cancer victims oppose J&J's plan to attempt the legal maneuver a third time and are locked in a bitter battle with the company. Courts rejected J&J's previous two-step bankruptcies in New Jersey, where the company is headquartered, on the grounds that its subsidiary lacked the "financial distress" required for Chapter 11 protection. J&J plans to have its subsidiary file bankruptcy in Texas this time, where some legal experts have said it could get a different opinion on the financial-distress standard.
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