SCS News

Latest breaking news and updates for SCS stock.

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Shareholder Alert: The Ademi Firm Investigates Whether Steelcase Inc. Is Obtaining a Fair Price for Its Public Shareholders

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Steelcase (NYSE: SCS) for possible breaches of fiduciary duty and other violations of law in its transaction with HNI Corporation. Click ...

How might the market react to the negative sentiment score (‑70) and the public investigation, and what short‑term price volatility can be expected? Will the deal materially change the competitive landscape for either Steelcase or HNI, and how might that influence future growth prospects? What are the potential tax implications for Steelcase shareholders receiving both cash and stock?
Mergers
19 days ago
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SCS, LVTX, ENZB on Behalf of Shareholders

NEW YORK, Aug. 8, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breache...

How is the broader market, including competitors and sector indices, responding to the news, and what short‑term price volatility can be expected? Is there any indication that the investigation could result in a change of management or board composition at Steelcase Inc.? What precedent does this case set for similar shareholder derivative actions in the industry, and how might it influence market perception of corporate governance at SCS?
Lawsuits
19 days ago
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SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Steelcase Inc. (NYSE: SCS)

NEW YORK, Aug. 7, 2025 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is...

Is there any information on the credibility and track record of Monteverde & Associates PC that might influence market perception? What impact could this have on Steelcase's future earnings guidance or strategic initiatives? How does the legal risk for Steelcase compare to that of its main competitors in the office furniture industry?
Lawsuits
20 days ago
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STEELCASE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Steelcase Inc. - SCS

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of St...

Are there any antitrust, regulatory, or shareholder litigation risks that could delay or block the transaction, and how are they being addressed? How might the transaction influence the valuation multiples (EV/EBITDA, P/E, price-to-cash‑flow) for both SCS and HNI in the short‑term and after closing? What is the likely reaction of institutional and retail shareholders to the offer, and what is the probability of the deal being accepted or rejected by shareholders?
Mergers
22 days ago
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SCS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Steelcase Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Steelcase Inc. (NYSE: SCS) to HNI Corporation for $7.20 in cash and 0.2192 shares of H...

What is the expected timeline for integration and realization of synergies, and what are the key integration risks? What is the market’s reaction (price, volume, volatility) since the announcement and what is the sentiment among institutional investors? How might this announcement affect short interest and derivative positions on SCS and HNI?
Mergers
23 days ago
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