Ambac Financial Grp (AMBC) 16.11 $AMBC
INVESTOR ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Into Possible Breaches of Fiduciary Duty by the Board of Directors of Ambac Financial Group, Inc. - AMBC
ACCESSWIRE - Wed May 25, 1:27PM CDT
NEW YORK, NY / ACCESSWIRE / May 25, 2016 / Levi & Korsinsky announces it has commenced an investigation of Ambac Financial Group, Inc. (NASDAQ: AMBC) concerning possible breaches of fiduciary duty by the Board of Directors. To obtain additional information about the investigation, go to: http://zlk.9nl.com/ambacfinancial or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
AMBC: 16.11 (+0.41)
Stockholders Overwhelmingly Support Ambac's Full Director Slate at Company's Annual Meeting of Stockholders
GlobeNewswire - Wed May 18, 6:21PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today announced the results of their 2016 Annual Meeting of Stockholders. Stockholders have elected, by an overwhelming majority, all of the Company's nominees to the Board of Directors at the Company's annual meeting. The decision comes just days after Canyon Capital Advisors ("Canyon" unilaterally withdrew its proxy campaign, which had received minimal stockholder support.
AMBC: 16.11 (+0.41)
Ambac Comments on Canyon's Decision to Withdraw its Proxy Contest
GlobeNewswire - Mon May 16, 1:03PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today commented on Canyon Capital's ("Canyon" decision to withdraw from the proxy contest it initiated:
AMBC: 16.11 (+0.41)
Canyon Capital Withdraws Proxy Materials and Urges Rejection of Management's Compensation Proposal
PR Newswire - Fri May 13, 9:59AM CDT
Canyon Capital Advisors LLC ("Canyon Capital" , a leading alternative asset manager serving institutional clients worldwide, and manager of funds and accounts that own almost 5% of the outstanding shares of Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company" , has determined to withdraw its proxy materials filed in connection with the Company's 2016 Annual Meeting of Stockholders, scheduled for May 18, 2016.
AMBC: 16.11 (+0.41)
Ambac Announces Update at the Segregated Account
GlobeNewswire - Fri May 13, 8:06AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC" , provide financial guarantees and other financial services, today announced that the Wisconsin Commissioner of Insurance, as the court-appointed Rehabilitator of the Segregated Account of AAC (the "Segregated Account" , has submitted to the Dane County Circuit Court an application for approval of the engagement of Daniel J. Schwartzer as a consultant to serve as the Special Deputy Commissioner of the Segregated Account ("SDC" .
AMBC: 16.11 (+0.41)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Into Possible Breaches of Fiduciary Duty by the Board of Directors of Ambac Financial Group, Inc. -- AMBC
PR Newswire - Thu May 12, 10:00AM CDT
Levi & Korsinsky announces it has commenced an investigation of Ambac Financial Group, Inc. (NASDAQ: AMBC) concerning possible breaches of fiduciary duty by the Board of Directors. To obtain additional information about the investigation, go to: http://zlk.9nl.com/ambacfinancial or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
AMBC: 16.11 (+0.41)
Newman Ferrara LLP Announces Corporate Governance Investigation of Ambac Financial Group, Inc. - AMBC
BusinessWire - Wed May 11, 4:15PM CDT
Newman Ferrara LLP is conducting an investigation on behalf of shareholders of Ambac Financial Group, Inc. ("Ambac" or the "Company" (NASDAQ:AMBC) into potential breaches of fiduciary duty by the Company's Board of Directors (the "Board" .
AMBC: 16.11 (+0.41)
Ambac Files Lawsuit to Protect Against Improper Siphoning of Money from PRHTA
GlobeNewswire - Wed May 11, 6:30AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, today announced that Ambac Assurance has filed a lawsuit in response to the recently completed extension by the Puerto Rico Highways and Transportation Authority ("PRHTA" of its concession agreement with Autopistas Metropolitanas de Puerto Rico LLC, which may cause $115 million in value to be extracted and diverted from PRHTA. The Complaint, which alleges breaches of contract and fiduciary duty and seeks appointment of an interim receiver for PRHTA, was filed in the United States District Court for the District of Puerto Rico.
AMBC: 16.11 (+0.41)
Ambac posts 1Q profit
Automated Insights - Tue May 10, 6:56PM CDT
NEW YORK (AP) _ Ambac Financial Group Inc. (AMBC) on Tuesday reported first-quarter earnings of $9.4 million.
AMBC: 16.11 (+0.41)
Ambac Announces First Quarter 2016 Results
GlobeNewswire - Tue May 10, 4:42PM CDT
First Quarter 2016 Operating Earnings of $218.1 million or $4.82 per Diluted Share
AMBC: 16.11 (+0.41)
Leading Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote FOR All of Ambac's Nominees and NOT for Canyon's Nominee and Agenda
GlobeNewswire - Mon May 09, 7:30AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today announced that Institutional Shareholder Services Inc. ("ISS" and Glass Lewis, the two leading independent proxy advisory firms, recommend that Ambac stockholders vote FOR all of the Company's highly-qualified director nominees at the Company's upcoming Annual Meeting of Stockholders, to be held on May 18, 2016 and NOT for the nominee proposed by Canyon Capital Advisors ("Canyon" .
AMBC: 16.11 (+0.41)
Ambac Provides Updates to Shareholders
GlobeNewswire - Wed May 04, 5:07PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, issued the following statement regarding the campaign by Canyon Capital Advisors ("Canyon" to replace Chairman Jeffrey S. Stein with their handpicked nominee.
AMBC: 16.11 (+0.41)
Ambac Announces Disapproval of Interest Payments of Surplus Notes
GlobeNewswire - Fri Apr 29, 3:15PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC" , provide financial guarantees and other financial services, announced today that, consistent with all previous years since issuance, the Wisconsin Commissioner of Insurance (the "Commissioner" has disapproved this year's annual requests of AAC and the Segregated Account of AAC (the "Segregated Account" to pay accrued unpaid interest on senior surplus notes ("Surplus Notes" issued by AAC and the Segregated Account, respectively, on their next scheduled interest payment date of June 7, 2016.
AMBC: 16.11 (+0.41)
Ambac to Release First Quarter 2016 Earnings on May 10, 2016
GlobeNewswire - Fri Apr 29, 8:00AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries provide financial guarantees and other financial services, will release its first quarter 2016 earnings on May 10, 2016, following the close of the market.
AMBC: 16.11 (+0.41)
Canyon Files Definitive Proxy Materials to Elect One Highly Qualified Director Nominee to the Ambac Board of Directors at Upcoming Annual Meeting
PR Newswire - Thu Apr 28, 4:40PM CDT
Canyon Capital Advisors LLC ("Canyon Capital" , a leading alternative asset manager serving institutional clients worldwide, and manager of funds and accounts that own almost 5% of the outstanding shares of Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company" , announced this week that it has filed definitive proxy materials with the Securities and Exchange Commission in connection with Ambac's upcoming 2016 Annual Meeting of Stockholders, to be held on May 18, 2016, and has delivered a letter to the stockholders of Ambac.
AMBC: 16.11 (+0.41)
Ambac Releases Investor Presentation
GlobeNewswire - Wed Apr 20, 4:00PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today published a new investor presentation, which was also presented to Institutional Shareholder Services Inc. on Wednesday, April 20, 2016.
AMBC: 16.11 (+0.41)
Ambac Sends Letter to Stockholders
GlobeNewswire - Mon Apr 18, 7:21AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC" , provide financial guarantees and other financial services, today released the following letter to stockholders from Ambac's Board updating them on important matters related to the 2016 annual meeting of stockholders.
AMBC: 16.11 (+0.41)
Ambac Addresses Latest Canyon Investor Presentation
GlobeNewswire - Mon Apr 18, 7:20AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today responded to the latest investor presentation released by Canyon Capital Advisors ("Canyon" in its proxy fight seeking to oust our Chairman, Jeffrey S. Stein.
AMBC: 16.11 (+0.41)
Canyon Capital Releases ISS Presentation
PR Newswire - Thu Apr 14, 2:48PM CDT
Canyon Capital Advisors LLC ("Canyon Capital" , a leading alternative asset manager serving institutional clients worldwide, and manager of funds and accounts that own almost 5% of the outstanding shares of Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company" , released its presentation to Independent Shareholder Services Inc. (ISS) on Wednesday, April 13, 2016.
AMBC: 16.11 (+0.41)
Ambac Comments on Canyon's Preliminary Proxy Statement and Recent Correspondence
GlobeNewswire - Mon Apr 11, 5:04PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC), a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today issued the following statement in response to the preliminary proxy statement and recent correspondence filed by Canyon Capital Advisors, a hedge fund with large credit exposure to Ambac.
AMBC: 16.11 (+0.41)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Into Possible Breaches of Fiduciary Duty by the Board of Directors of Ambac Financial Group, Inc. - AMBC
ACCESSWIRE - Wed May 25, 1:27PM CDT
NEW YORK, NY / ACCESSWIRE / May 25, 2016 / Levi & Korsinsky announces it has commenced an investigation of Ambac Financial Group, Inc. (NASDAQ: AMBC) concerning possible breaches of fiduciary duty by the Board of Directors. To obtain additional information about the investigation, go to: http://zlk.9nl.com/ambacfinancial or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
AMBC: 16.11 (+0.41)
Stockholders Overwhelmingly Support Ambac's Full Director Slate at Company's Annual Meeting of Stockholders
GlobeNewswire - Wed May 18, 6:21PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today announced the results of their 2016 Annual Meeting of Stockholders. Stockholders have elected, by an overwhelming majority, all of the Company's nominees to the Board of Directors at the Company's annual meeting. The decision comes just days after Canyon Capital Advisors ("Canyon" unilaterally withdrew its proxy campaign, which had received minimal stockholder support. AMBC: 16.11 (+0.41)
Ambac Comments on Canyon's Decision to Withdraw its Proxy Contest
GlobeNewswire - Mon May 16, 1:03PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today commented on Canyon Capital's ("Canyon" decision to withdraw from the proxy contest it initiated: AMBC: 16.11 (+0.41)
Canyon Capital Withdraws Proxy Materials and Urges Rejection of Management's Compensation Proposal
PR Newswire - Fri May 13, 9:59AM CDT
Canyon Capital Advisors LLC ("Canyon Capital"
, a leading alternative asset manager serving institutional clients worldwide, and manager of funds and accounts that own almost 5% of the outstanding shares of Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company" , has determined to withdraw its proxy materials filed in connection with the Company's 2016 Annual Meeting of Stockholders, scheduled for May 18, 2016. AMBC: 16.11 (+0.41)
Ambac Announces Update at the Segregated Account
GlobeNewswire - Fri May 13, 8:06AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC" , provide financial guarantees and other financial services, today announced that the Wisconsin Commissioner of Insurance, as the court-appointed Rehabilitator of the Segregated Account of AAC (the "Segregated Account" , has submitted to the Dane County Circuit Court an application for approval of the engagement of Daniel J. Schwartzer as a consultant to serve as the Special Deputy Commissioner of the Segregated Account ("SDC" . AMBC: 16.11 (+0.41)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Into Possible Breaches of Fiduciary Duty by the Board of Directors of Ambac Financial Group, Inc. -- AMBC
PR Newswire - Thu May 12, 10:00AM CDT
Levi & Korsinsky announces it has commenced an investigation of Ambac Financial Group, Inc. (NASDAQ: AMBC) concerning possible breaches of fiduciary duty by the Board of Directors. To obtain additional information about the investigation, go to: http://zlk.9nl.com/ambacfinancial or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
AMBC: 16.11 (+0.41)
Newman Ferrara LLP Announces Corporate Governance Investigation of Ambac Financial Group, Inc. - AMBC
BusinessWire - Wed May 11, 4:15PM CDT
Newman Ferrara LLP is conducting an investigation on behalf of shareholders of Ambac Financial Group, Inc. ("Ambac" or the "Company"
(NASDAQ:AMBC) into potential breaches of fiduciary duty by the Company's Board of Directors (the "Board" . AMBC: 16.11 (+0.41)
Ambac Files Lawsuit to Protect Against Improper Siphoning of Money from PRHTA
GlobeNewswire - Wed May 11, 6:30AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, today announced that Ambac Assurance has filed a lawsuit in response to the recently completed extension by the Puerto Rico Highways and Transportation Authority ("PRHTA" of its concession agreement with Autopistas Metropolitanas de Puerto Rico LLC, which may cause $115 million in value to be extracted and diverted from PRHTA. The Complaint, which alleges breaches of contract and fiduciary duty and seeks appointment of an interim receiver for PRHTA, was filed in the United States District Court for the District of Puerto Rico. AMBC: 16.11 (+0.41)
Ambac posts 1Q profit
Automated Insights - Tue May 10, 6:56PM CDT
NEW YORK (AP) _ Ambac Financial Group Inc. (AMBC) on Tuesday reported first-quarter earnings of $9.4 million.
AMBC: 16.11 (+0.41)
Ambac Announces First Quarter 2016 Results
GlobeNewswire - Tue May 10, 4:42PM CDT
First Quarter 2016 Operating Earnings of $218.1 million or $4.82 per Diluted Share
AMBC: 16.11 (+0.41)
Leading Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote FOR All of Ambac's Nominees and NOT for Canyon's Nominee and Agenda
GlobeNewswire - Mon May 09, 7:30AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today announced that Institutional Shareholder Services Inc. ("ISS" and Glass Lewis, the two leading independent proxy advisory firms, recommend that Ambac stockholders vote FOR all of the Company's highly-qualified director nominees at the Company's upcoming Annual Meeting of Stockholders, to be held on May 18, 2016 and NOT for the nominee proposed by Canyon Capital Advisors ("Canyon" . AMBC: 16.11 (+0.41)
Ambac Provides Updates to Shareholders
GlobeNewswire - Wed May 04, 5:07PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, issued the following statement regarding the campaign by Canyon Capital Advisors ("Canyon" to replace Chairman Jeffrey S. Stein with their handpicked nominee. AMBC: 16.11 (+0.41)
Ambac Announces Disapproval of Interest Payments of Surplus Notes
GlobeNewswire - Fri Apr 29, 3:15PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC" , provide financial guarantees and other financial services, announced today that, consistent with all previous years since issuance, the Wisconsin Commissioner of Insurance (the "Commissioner" has disapproved this year's annual requests of AAC and the Segregated Account of AAC (the "Segregated Account" to pay accrued unpaid interest on senior surplus notes ("Surplus Notes" issued by AAC and the Segregated Account, respectively, on their next scheduled interest payment date of June 7, 2016. AMBC: 16.11 (+0.41)
Ambac to Release First Quarter 2016 Earnings on May 10, 2016
GlobeNewswire - Fri Apr 29, 8:00AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries provide financial guarantees and other financial services, will release its first quarter 2016 earnings on May 10, 2016, following the close of the market. AMBC: 16.11 (+0.41)
Canyon Files Definitive Proxy Materials to Elect One Highly Qualified Director Nominee to the Ambac Board of Directors at Upcoming Annual Meeting
PR Newswire - Thu Apr 28, 4:40PM CDT
Canyon Capital Advisors LLC ("Canyon Capital"
, a leading alternative asset manager serving institutional clients worldwide, and manager of funds and accounts that own almost 5% of the outstanding shares of Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company" , announced this week that it has filed definitive proxy materials with the Securities and Exchange Commission in connection with Ambac's upcoming 2016 Annual Meeting of Stockholders, to be held on May 18, 2016, and has delivered a letter to the stockholders of Ambac. AMBC: 16.11 (+0.41)
Ambac Releases Investor Presentation
GlobeNewswire - Wed Apr 20, 4:00PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today published a new investor presentation, which was also presented to Institutional Shareholder Services Inc. on Wednesday, April 20, 2016. AMBC: 16.11 (+0.41)
Ambac Sends Letter to Stockholders
GlobeNewswire - Mon Apr 18, 7:21AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("AAC" , provide financial guarantees and other financial services, today released the following letter to stockholders from Ambac's Board updating them on important matters related to the 2016 annual meeting of stockholders. AMBC: 16.11 (+0.41)
Ambac Addresses Latest Canyon Investor Presentation
GlobeNewswire - Mon Apr 18, 7:20AM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today responded to the latest investor presentation released by Canyon Capital Advisors ("Canyon" in its proxy fight seeking to oust our Chairman, Jeffrey S. Stein. AMBC: 16.11 (+0.41)
Canyon Capital Releases ISS Presentation
PR Newswire - Thu Apr 14, 2:48PM CDT
Canyon Capital Advisors LLC ("Canyon Capital"
, a leading alternative asset manager serving institutional clients worldwide, and manager of funds and accounts that own almost 5% of the outstanding shares of Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company" , released its presentation to Independent Shareholder Services Inc. (ISS) on Wednesday, April 13, 2016. AMBC: 16.11 (+0.41)
Ambac Comments on Canyon's Preliminary Proxy Statement and Recent Correspondence
GlobeNewswire - Mon Apr 11, 5:04PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC), a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees and other financial services, today issued the following statement in response to the preliminary proxy statement and recent correspondence filed by Canyon Capital Advisors, a hedge fund with large credit exposure to Ambac.
AMBC: 16.11 (+0.41)
