Focus Financial Partners Inc. (FOCS)

NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc. (“Focus”), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which its partner firm InterOcean Capital Group, LLC (“InterOcean”), headquartered in Nashville, TN, will formally join Focus firm The Colony Group, LLC (“Colony”). This transaction is expected to close in the second quarter of 2024, subject to customary closing conditions. InterOcean pr.

NEW ORLEANS , Feb. 23, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the "take-private" acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC ("CD&R") on August 31, 2023 (the "Merger"), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger. This action is pending in the United States District Court for the District of Delaware.

NEW ORLEANS , Feb. 16, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the "take-private" acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC ("CD&R") on August 31, 2023 (the "Merger"), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger.

NEW ORLEANS , Feb. 2, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the "take-private" acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC ("CD&R") on August 31, 2023 (the "Merger"), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger.

NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the “take-private” acquisition of Focus Financial by Clayton, Dubilier &am.

NEW YORK, NY / ACCESSWIRE / August 22, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Phillip Brian Cook, Jr will join Focus partner firm InterOcean Capital Group, LLC ("InterOcean"). The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions.

Focus Financial Partners Inc. (FOCS) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.18 per share a year ago.

NEW YORK, NY / ACCESSWIRE / August 3, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus Inc.", "Focus", the "Company", "we", "us" or "our"), a leading partnership of independent, fiduciary wealth management firms, today reported results for its second quarter ended June 30, 2023. Second Quarter 2023 Highlights Total revenues of $583.8 million, 8.3% growth year over year Organic revenue growth(1) rate of 4.9% year over year GAAP net income of $29.1 million GAAP basic income and diluted loss per share of Class A common stock of $0.49 and ($0.10), respectively Adjusted Net Income Excluding Tax Adjustments(2) of $61.3 million and Tax Adjustments(3) of $17.6 million Adjusted Net Income Excluding Tax Adjustments Per Share(2) of $0.70 and Tax Adjustments(3) Per Share(2) of $0.20 Net Leverage Ratio(4) of 4.36x Please see footnote 2 under "How We Evaluate Our Business" later in this press release.

NEW YORK, NY / ACCESSWIRE / July 31, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Padlock Investment Management Inc. ("Padlock"), a portfolio management firm located in Toronto, Ontario, Canada, will join Focus partner firm Dorchester Wealth Management Company ("Dorchester"), headquartered in Montreal, Quebec, Canada. This transaction is expected to close in the third quarter of 2023, subject to customary closing conditions including regulatory approval.

NEW YORK, NY / ACCESSWIRE / July 20, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, today announced that it will report its results for the second quarter ended June 30, 2023 on Thursday, August 3, 2023. Due to the definitive agreement for Focus to be acquired by affiliates of Clayton, Dubilier & Rice, LLC, which is expected to close in the third quarter of 2023, Focus is not expected to host an earnings conference call or take questions from the investment community.

LOS ANGELES, CA / ACCESSWIRE / July 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Focus Financial Partners Inc. ("Focus Financial Partners" or "the Company") (NASDAQ:FOCS) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Clayton Dubilier & Rice, LLC ("CD&R"). The investigation focuses on determining if Focus Financial Partners' Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether CD&R is underpaying for the Company.

LOS ANGELES, CA / ACCESSWIRE / July 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Focus Financial Partners Inc. ("Focus Financial Partners" or "the Company") (NASDAQ: FOCS) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Clayton Dubilier & Rice, LLC ("CD&R"). The investigation focuses on determining if Focus Financial Partners' Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether CD&R is underpaying for the Company.

LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Focus Financial Partners Inc. ("Focus Financial Partners" or "the Company") (NASDAQ: FOCS) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Clayton Dubilier & Rice, LLC ("CD&R"). The investigation focuses on determining if Focus Financial Partners' Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether CD&R is underpaying for the Company.

NEW YORK , July 5, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $7 billion acquisition of Focus Financial Partners Inc. (NASDAQ: FOCS) by private equity firm Clayton, Dubilier & Rice, LLC ("CD&R"). The firm is concerned about the price being offered as well as potential conflicts of interest.

SAN DIEGO--(BUSINESS WIRE)---- $FOCS #ClaytonDubilierRice--Focus Financial Partners, Inc. (FOCS) Merger Investigation: Robbins LLP is Investigating the Acquisition of Focus Financial Partners, Inc.

LOS ANGELES, CA / ACCESSWIRE / June 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Focus Financial Partners Inc. ("Focus Financial Partners" or "the Company") (NASDAQ:FOCS) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Clayton Dubilier & Rice, LLC ("CD&R"). The investigation focuses on determining if Focus Financial Partners' Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether CD&R is underpaying for the Company.