NEW YORK, NY / ACCESSWIRE / April 29, 2016 / Pomerantz LLP announces that a class action lawsuit has been filed against Santander Consumer USA Holdings Inc. (“Santander” or the “Company”) (NYSE: SC) and certain of its officers. The class action, filed in United States District Court, Northern District of Texas, Dallas Division, and docketed under 16-cv-00919, is on behalf of a class consisting of all persons or entities who purchased Santander securities between February 3, 2015 and March 15, 2016 inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased Santander securities during the Class Period, you have until May 17, 2016 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

Santander is the holding company for Santander Consumer USA Inc., an Illinois corporation, and subsidiaries, a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company’s methodology for estimating credit loss allowance on individually acquired retail installment contracts was improper; (2) that, as a result, the Company’s would need to correct its previously issued financial statements; and (3) that, as a result of the foregoing, Defendants’ statements about Santander’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On February 29, 2016, after the market closed, the Company filed a NT 10-K with the SEC on Form 12b-25 revealing that Santander was unable to timely file its Annual Report on Form 10-K for the Company’s fiscal year ended December 31, 2015 because the Company’s financial statements had not yet been completed. According to the Company, it has an open comment letter from the Division of Corporation Finance of the SEC on the Company’s Form 10-K for the fiscal year ended December 31, 2014 and Form 10-Q for the quarter ended September 30, 2015 with respect to the Company’s credit loss allowance, including the removal of seasonality and the increase in troubled debt restructuring (“TDR”) impairment during the quarter ended September 30, 2015 as well as certain TDR disclosures in both periods. According to the Company, it is still discussing these matters with the SEC and its independent accounting firm and will file the Form 10-K as soon as possible.

On March 15, 2016, the Company revealed that the Company was unable to meet the March 15, 2016, extended filing deadline for its 2015 Annual Report because it was still unable to complete its financial statements. According to the Company, it still has an open comment letter from the Division of Corporation Finance of the SEC on the Company’s Form 10-K for the fiscal year ended December 31, 2014 and Form 10-Q for the quarter ended September 30, 2015 with respect to estimating the Company’s credit loss allowance, including the removal of seasonality and the increase in TDR impairment during the quarter ended September 30, 2015 as well as certain TDR disclosures. According to the Company, as a result of the review, the Company is changing its methodology for estimating credit loss allowance on individually acquired retail installment contracts and will correct prior periods in Item 9B in the Form 10-K. On March 15, 2016, the Company notified the New York Stock Exchange (“NYSE”) that it is not in compliance with Rule 8.01E of the NYSE’s listed company manual as a result of its failure to file the Form 10-K within the extended time period.

On this news, the Company’s shares fell $1.70 per share, or 16%, over two trading sessions to close on March 16, 2016, at $9.00 per share, on high trading volume.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 439412

NEW YORK, NY / ACCESSWIRE / April 29, 2016 / Pomerantz LLP announces that a class action lawsuit has been filed against Amaya, Inc. (“Amaya” or the “Company”) (NASDAQ: AYA) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 16-cv-02500, is on behalf of a class consisting of all persons or entities who purchased Amaya securities between June 8, 2015 and March 22, 2016 inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased Amaya securities during the Class Period, you have until May 24, 2016 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

Amaya is a provider of technology-based products and services in the global gaming and interactive entertainment industries. The Company operates through two segments, Real-Money Online Poker, and Real-Money Online Casino and Sportsbook.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company’s Chief Executive Officer (“CEO”) was engaged in an insider trading scheme that involved influencing the market price of the Company’s securities and communicating privileged information to third parties; (2) the Company lacked adequate internal controls; and (3) that, as a result of the foregoing, Defendants’ statements about Amaya’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On March 23, 2016, news outlets reported that Amaya’s CEO, David Baazov, was charged with insider trading by Quebec securities regulators. Bloomberg Business reported that the charges included “allegations of ‘aiding with trades while in possession of privileged information,’ influencing or attempting to influence the market price of securities of Amaya, and communicating privileged information.”

On this news, Amaya’s stock fell $3.07 per share, or more than 21%, to close at $11.18 per share on March 23, 2016, on unusually heavy trading volume.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 439415

WASHINGTON, DC / ACCESSWIRE / April 29, 2016 / Altavoz Entertainment, Inc. “AVOZ,” (OTCPINK: AVOZ), On March 20th FINRA approval of our change of company name and stock ticker symbol Effective March 20th, the Company’s common shares will commence trading on the OTC Bulletin Board pinks, under the trading symbol “AVOZ” (OTCPINK: AVOZ), and The previous name was Max Media Group, Inc. and trading symbol was “MXMI”(OTCPINK: MXMI)

“This name and ticker symbol change reflects the transfer of control and direction to an Artists Owned Public company and Future of Entertainment Today which the AvozFamily looks forward to presenting to the markets,” Nelson Jacobsen, CEO.

As Previously announced, on September 25,
2015 the majority control of Max Media Group, Inc was transferred to Altavoz and as part of the conditions of the transfer of choosing a new name and ticker symbol.

About Altavoz Entertainment, Inc.

Altavoz is an independent, full-service entertainment distributor offering a wide range of physical and digital distribution, marketing and payment solutions. Altavoz is widely known for being
distributor of record for the highly acclaimed “Goldenheart” project from Dawn Richard. To that end, Altavoz ensures artists and producers have access to a unique array of traditional and out-of-the-box distribution channels and are creatively promoted so they can build their presence, make their mark, and earn a living – all with a social conscience via our Help Earth Foundation. Altavoz is a subsidiary of Altavoz Entertainment, Inc. (OTC – AVOZ ) visit http://altavoz.com.

COMPANY STATEMENT

Forward-Looking Statement

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Nelson Jacobsen, CEO

SOURCE: Altavoz Entertainment, Inc.

ReleaseID: 439421

NEW YORK, NY / ACCESSWIRE / April 29, 2016 / Pomerantz LLP announces that a class action lawsuit has been filed against TerraForm Power Inc. (“TerraForm” or the “Company”) (NASDAQ: TERP) and certain of its officers. The class action, filed in United States District Court, District of Maryland, and docketed under 16-cv-00981, is on behalf of a class consisting of all persons or entities who purchased TerraForm securities between May 7, 2015 and March 15, 2016 inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased TerraForm securities during the Class Period, you have until June 3, 2016 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

TerraForm owns and operates solar and wind generation assets serving utility, commercial, and residential customers.

TerraForm was founded in 2014. The Company was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014.

TerraForm’s controlling shareholder is SunEdison, Inc. (“SunEdison”), and there is significant overlap between the management of TerraForm and SunEdison and SunEdison’s other affiliates: Brian Wuebbels (“Wuebbels”), TerraForm’s former Chief Executive Officer (“CEO”), has served as Chief Financial Officer (“CFO”) and Executive Vice President of SunEdison since May 2012 and as SunEdison’s Chief Administrative Officer since December 2014; Rebecca Cranna (“Cranna”), TerraForm’s CFO, has served as SunEdison’s Senior Vice President and CFO of Global Asset Management since 2014; and defendant Carlos Domenech Zornoza (“Domenech”), TerraForm’s former CEO, served as Executive Vice President of SunEdison from November 2009 to January 2014, and has held management positions at other SunEdison affiliates, including SunEdison Capital, LLC and SunEdison LLC.

The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) TerraForm’s Management Services Agreement with SunEdison exposed TerraForm to risks associated with SunEdison’s internal financial controls and any deficiencies therein; (ii) consequently, TerraForm lacked effective internal financial controls; and (iii) as a result of the foregoing, TerraForm’s public statements were materially false and misleading at all relevant times.

On February 29, 2016, SunEdison announced that it was delaying the filing of its fiscal year 2015 Form 10-K with the SEC, citing “(1) the need to complete all tasks and steps necessary to finalize the annual financial statements and the other disclosures required to be included in that filing, and (2) ongoing inquiries and investigations by the Audit Committee . . . relating to allegations concerning the accuracy of SunEdison’s anticipated financial position.” SunEdison stated that it expected to file its Form 10-K by March 15, 2016.

On February 29, 2016, TerraForm also announced that it was delaying the filing of its fiscal year 2015 Form 10-K with the SEC and also expected to file the Form 10-K by March 15, 2016. TerraForm cited only “the need to complete all steps and tasks necessary to finalize the Company’s annual financial statements and other disclosures required to be in the filing.”

On March 16, 2016, SunEdison announced a further delay in the filing of its Form 10-K beyond the extended due date of March 15, 2016, after “the identification by management of material weaknesses in its internal controls over financial reporting.”

On March 16, 2016, TerraForm also announced a further delay in the filing of its Form 10-K beyond the extended due date of March 15, 2016, after identifying material weaknesses in its internal controls over financial reporting.

On this news, TerraForm stock fell $0.83, or 7.87%, to close at $9.72 on March 16, 2016.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 439418

MONTREAL, QC / ACCESSWIRE / April 29, 2016 / Peak Positioning Technologies Inc. (CSE: PKK) (OTC Pink: PKKFF) (“Peak” or the “Company”) today announced that following a conference call earlier today between Zhonghai Wanyue Group Chairman, Mr. Jiang Wang, and the Company’s management, that Mr. Wang has officially asked to be given until May 15 to send to Peak the balance of $3.44M remaining on their original $3.98M strategic investment partnership agreement.

Mr. Wang explained that he will need more time than originally anticipated to cash out and withdraw the necessary funds from his account due to recently passed regulations affecting certain sectors of the Chinese financial services industry. “Since the new regulations, certain transactions that typically were completed within 24 to 48 hours, for instance, having a cheque cleared, can now take up to two weeks to complete”, commented Mr. Wang. “I realize that there are a number anxious Peak shareholders who have been waiting for quite a while now for this transaction to close, some of whom I met during my visit to Montreal a couple of weeks ago. I’d like to apologise to these shareholders and would like to re-assure them that it’s simply a matter of time, and as simple as cashing a cheque, before the funds to be sent to Peak are made available for the transfer to be completed and the transaction closed,” concluded Mr. Wang.

The time delay to complete the transaction requested by Mr. Wang also takes into consideration the Chinese Labour Day holiday, which this year takes place from April 30 to May 4.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerce and cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world’s fastest growing economy. For more information: http://www.peakpositioning.com

Contact information:

Cathy Hume
CEO
CHF Investor Relations
Phone: 416-868-1079 ext.: 231
Email: cathy@chfir.com

Or

Carl Desjardins
Managing Partner
Paradox Public Relations Inc.
Phone: 514-341-0408
Email: carldesjardins@paradox-pr.ca

Or

Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
Email: investors@peakpositioning.com

SOURCE: Peak Positioning Technologies Inc.

ReleaseID: 439420

MONTREAL, QC / ACCESSWIRE / April 29, 2016 / Earth Alive Clean Technologies Inc. (CSE: EAC) (“Earth Alive” or the “Corporation”), a leading developer and manufacturer of state-of-the-art microbial technology-based products for agriculture and dust control, today reported its financial results and operational highlights for its fourth quarter and year ended December 31, 2015.

Highlights from FY 2015:

– Revenues of $1,356,540 for the year, a 382% year over year increase
– Agriculture revenues of $469,282, a 630% year over year increase
– Dust revenues of $887,258 for the year, a 316% year over year increase
– Signed an exclusive three-year agreement with Brenntag Latin America for the production and sales of its patent-pending EA1 dust suppressant product

“This past year, Earth Alive’s microbial technologies began disrupting the agriculture and dust suppression industries,” stated David Gilmour, CEO of Earth Alive. “2015 was filled with watershed moments and I am extremely pleased that we delivered considerable traction for our Corporation on multiple fronts; we moved beyond the R&D stage and focused on setting the stage for the planned international commercialization of Earth Alive’s proprietary product portfolio. The Corporation was successful at following its business development plan and at realizing many milestones, namely the exclusive distribution agreement reached with Brenntag Latin America for our EA1 dust suppression product, quickly followed by a similar agreement with Brenntag for our Soil Activator™ biofertilizer. We continue to work hard to strengthen our partnership with Brenntag to leverage their distribution network for both our Agriculture and Dust Suppression Business Units. The Earth Alive team is continuing to prove that business objectives and environmental sustainability can make great partners.”

Mr. Gilmour added, “Reaping the rewards of our new international distribution agreements is a process that takes time and patience to leverage, and we remain totally focussed on executing this business plan. We are more than ever confident that we are on the right path to bringing significant value for our shareholders. “

Financial Highlights for the Fourth Quarter and Year Ended December 31:

About Earth Alive Clean Technologies:

Earth Alive aims to be a key player in world markets of environmentally sustainable industrial solutions. The company works with the latest innovations in microbial technology to formulate and patent innovative products that can tackle the most difficult industrial challenges, once only reserved to environmentally harmful chemicals and additives. The company is focused on environmental sustainability in 1) dust control for the mining industry, and 2) the agriculture industry.

For additional company information, please visit SEDAR at www.sedar.com and www.earthalivect.com.

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Earth Alive believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Earth Alive Clean Technologies Inc.
1001, Lenoir Street, Suite B-338
Montreal (Qc) Canada
H4C 2Z6
T.(438) 333-1680

For media information and interview requests, please contact:

Mr. David Gilmour
(e) dgilmour@earthalivect.com
(p) 514-814-2899

For investor relations, please contact:

Mr. Frédérick Chabot
(e) frederick@contactfinancial.com
(p) 438-863-7071

SOURCE: Earth Alive Clean Technologies Inc.

ReleaseID: 439419