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Preferred Stock Demystified (part Ii): Non-convertible, Straight Preferred Stock Blog


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Non-convertible, straight preferred stock is the most basic type of preferred stock. It is called “straight” preferred stock because it has a fixed dividend (often 8%) that continues to accrue if it is not paid. It also has a senior liquidation preference, meaning that the preferred shareholder receives back its invested cash plus all accumulated, unpaid dividends, before common shareholders get paid.
2024-02-14 14:13
Firm Member Michael Herzog was recently interviewed by KDKA about the benefits of filing taxes before Tax Day. Watch the video here: https://www.cbsnews.com/pittsburgh/news/benefits-of-filin… Read More
2024-02-08 18:55
2023 was another active year for the Metz Lewis Mergers & Acquisitions practice, with the firm again closing more than 40 deals, including those showcased below. The post 2023 M&A Ye… Read More
2023-12-07 14:40
Congratulations to our client Hoverstate 2.0, Inc. in its acquisition by SoftServe-US, Inc., the North American subsidiary of SoftServe, a global IT consulting firm. The MLBMO team of … Read More
2023-10-06 20:07
Metz Lewis recently represented Manufacturing Automation & Software Systems, Inc. (MASS Group) in its sale to The Brydon Group. The Metz Lewis deal team was led by David Jaffe … Read More
2023-09-12 19:45
The firm has been ranked a Top Workplace by the Pittsburgh Post-Gazette. The list is based solely on employee feedback gathered through a third-party survey. The anonymous survey uniquely me… Read More
2023-08-18 20:21
Jon Altman Best Lawyers: Corporate Law, Real Estate Law John Bechtol Best Lawyers: Litigation – Labor and Employment, Worker’s Compensation Law – Employers Barry Friedman B… Read More
2023-08-06 20:08
Metz Lewis represented Triangle Fastener Corporation, part of SFS Group, in its acquisition of Connective Systems & Supply, Inc located in the Denver, Colorado region. This acquisition e… Read More
2023-07-18 20:19
This post was written by Jessica Mozingo.  In July 2020, the famous Schrems II decision invalidated the EU-U.S. Privacy Shield on which thousands of companies relied for trans-Atlantic… Read More
2023-05-22 14:25
Jon Altman Best Lawyers: Corporate Law, Real Estate Law John Bechtol Best Lawyers: Litigation – Labor and Employment, Worker’s Compensation Law – Employers Barry Friedman B… Read More
2023-03-20 15:18
Firm Attorney Mike Herzog was recently interviewed by John Shumway on KDKA-TV regarding minimizing the amount of federal tax owed on social security benefits. Read the story and watch the vi… Read More
2023-03-14 18:48
2022 was another strong year for our Litigation Group. Highlighted successes found below. The post 2022 Litigation Year End in Review appeared first on Metz Lewis Brodman Must O'Keefe Read More
2022-12-19 19:33
The Firm has signed a lease for the 21st floor of Four Gateway Center, consisting of approximately 19,228 square feet of Class A office space. The firm will be relocating from its previous s… Read More
2022-11-04 19:54
This post was written by Rachel Felton with support from Nkechi Amadiegwu.  The Equal Employment Opportunity Commission (EEOC) has issued a new “Know Your Rights” poster as… Read More
2022-10-31 19:26
The firm is excited to welcome three new attorneys – Khalipha Misawa, Mason Shelton and Benjamin Wischnowski.  About Khalipha: Khalipha is an Associate Attorney in the firm’… Read More
2022-09-20 19:59
This post was written by Matthew Borges.  Customer lists, marketing plans, pricing structures, production processes, recipes, formulae, and more. State and federal law protects this kno… Read More
2022-09-15 14:41
Rapid development and seismic changes in the utilization and distribution of Information Technology have led the AICPA Professional Ethics Executive Committee to organize a task force to rev… Read More
2022-08-01 23:24
This post was written by Jessica Hauth Mozingo. Trademarks protect the usage of a name, phrase, logo or design that indicates the origin or source of goods or services. Brand names and signa… Read More
2022-07-14 14:01
This post was written by Barry Friedman.  Movement to services is exploding across all business segments.  One of the main motivators for this move is enhanced security as compared… Read More
2022-06-15 17:45
Take Care When Executing Electronically Signed Documents A favorite phishing ploy is the use of fake DocuSign or other electronic signature emails which, when you click on the link to the do… Read More
2022-04-19 14:50
As of April 1, 2022, banking institutions now have 36 hours to report a computer-security incident to their federal regulators (FDIC, Office of the Comptroller of the Currency, or the Federa… Read More
2022-04-18 20:15
Metz Lewis Brodman Must O’Keefe LLC is proud to announce the election of Jessica Hauth Mozingo as an Equity Member. Jessica is a member of the Intellectual Property and Information and… Read More

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