Key Developments: Revlon Inc (REV)
4 Mar 2015
Latest Key Developments (Source: Significant Developments)
Revlon Inc announced that the regular dividends are payable quarterly in cash in arrears on October 8, January 8, April 8 and July 8 of each year, or the next business day if such date is not a business day, if declared. The Series A Preferred Stock is mandatorily redeemable on October 8, 2013. The full terms and conditions of the Series A Preferred Stock are set forth in the Certificate of Designation for the Series A Preferred Stock, which Revlon filed with the SEC on October 8, 2009. Revlon announced that its Board of Directors has declared a Regular Dividend of $0.163794 per share on the Series A Preferred Stock for the period from January 9, 2013 through April 8, 2013 (representing a 90-day period). The Regular Dividend referred to in this press release is payable on April 8, 2013 to holders of record of the Series A Preferred Stock at the close of business on March 28, 2013. Full Article
NEW YORK - A former Revlon Inc chief scientific officer has sued the cosmetics company, claiming he was fired after raising safety concerns that its chief executive did not want to hear and was discriminated against for being Jewish.