Monthly Archives: September 2016

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against The Hain Celestial Group, Inc. (HAIN) and Lead Plaintiff Deadline: October 17, 2016

NEW YORK, NY / ACCESSWIRE / September 29, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against The Hain Celestial Group, Inc. (“Hain” or the “Company”) (NASDAQ: HAIN) and certain of its officers. The class action is on behalf of a class consisting of all persons or entities who purchased Concordia securities between November 5, 2015 through August 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”).

The Hain Celestial Group is an American food company that manufactures and distributes natural foods and personal care products to the United States, the United Kingdom, Canada, and Europe.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, and 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 that: (1) Hain did not have sufficient controls over financial reporting; (2) therefore, Hain failed to properly account for its revenue in connection with some of its US distributors; and (3) consequently, Hain’s public statements were materially false and misleading at all relevant times.

On August 15, 2016, post-market Hain said it would be delaying its fourth quarter and fiscal year 2016 financial results, “[d]uring the fourth quarter, the Company identified concessions that were granted to certain distributors in the United States. The Company is currently evaluating whether the revenue associated with those concessions was accounted for in the correct period and is also currently evaluating its internal control over financial reporting. The Audit Committee of the Company’s Board of Directors is conducting an independent review of these matters and has retained independent counsel to assist in that review.” Hain also said that it does not anticipate reaching its previously announced guidance for fiscal year 2016.

Following this news, Hain stock dropped $14.05 per shares, or 26.31%, to close at $39.35 on August 16, 2016.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: http://www.bgandg.com/hain or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Hain you have until October 17, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 443954

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Twitter, Inc. (TWTR) & Lead Plaintiff Deadline: November 15, 2016

NEW YORK, NY / ACCESSWIRE / September 29, 2016 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a securities class action has been filed in the United States District Court, Northern District of California on behalf of those who purchased shares of Twitter, Inc. (“Twitter” or the “Company”) (NYSE: TWTR) between February 6, 2015 and July 28, 2015 both dates 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”).

Twitter is an online global social networking service that enables users to send and read short 140-charectar messages called “tweets”. Twitter’s main source of revenue is advertising. Advertising income is driven by the number of users the level of engagement of such users.

The complaint alleges that during the Class Period, the Company made materially false and/or misleading statements and/or failed to disclose: (1) that
by early 2015, Twitter’s daily active users (DAUs) had switched the timeline views metric as the main user engagement metric which is tracked internally by
Twitter management; (2) that the trend in user engagement growth was lessening; (3) that new product initiatives were not having a significant impact on
monthly active users (MAUs) or user engagement; (4) that Twitter stated “acceleration” was the result of low-quality monthly active user growth; (5) and that Twitter lacked a basis for its previously disclosed estimates of about 20% MAU growth and 550 million MAU in the immediate term.

On April 28, 2015, Twitter announced its first quarter 2015 financial results and its projections for the second quarter of 2015, with an estimated second quarter revenue between $470 million to $485 million. Twitter also reduced its full year 2015 revenue forecast from a previous guidance of $2.30 billion to $2.35 billion to $2.17 billion and $2.27 billion. Following this news, Twitter stock dropped $9.39 per share, or 18.18%, to close at $42.27 on April 28, 2015. Later, on July 28, 2015, post-market, Twitter announced its second quarter 2015 financial results and projections for the third quarter of 2015, estimating revenue between $545 million to $560 million. Twitter also projecting revenue for 2015 full year in the range of $2.20 billion to $2.27 billion. Following this news, Twitter stock dropped $5.30 per share, or 14.51%, close at $31.24 on July 29, 2015

No Class has yet been certified in the above action. To discuss this action, or for any questions, please visit the firm’s site:
http://www.bgandg.com/twtr or contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Twitter, you have until November 15, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 445522

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MoneyGram International Inc. (MGI) & Lead Plaintiff Deadline: November 14, 2016

NEW YORK, NY / ACCESSWIRE / September 29, 2016 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a securities class action has been filed in the United States District Court for the District of Delaware on behalf of those who purchased shares of MoneyGram International Inc. (“MoneyGram” or the “Company”) (NASDAQ: MGI) pursuant and/or traceable to the secondary public offering completed on or around April 2, 2014 (the “Offering”).

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”).

The Complaint alleges that MoneyGram allegedly made false and misleading statements and omissions regarding Walmart’s possible entry into the money transfer business and the likely effect it would have on the Company. On April 17, 2014, two weeks after the Offering, Walmart publicized that it was initiating its own money transfer service on April 24, 2014. Following this news, MoneyGram’s stock dropped close to 30%.

No Class has yet been certified in the above action. To discuss this action, or for any questions, please visit the firm’s site: http://www.bgandg.com/mgi. or contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in MoneyGram, you have until November 14, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 445571

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Joy Global Inc. (JOY) & Lead Plaintiff Deadline: November 7, 2016

NEW YORK, NY / ACCESSWIRE / September 29, 2016 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Joy Global Inc. (“Joy Global” or the “Company”) (NYSE: JOY) and certain of its officers, on behalf of shareholders who held Joy Global securities on the record date, September 1, 2016.

This class action seeks to recover damages against Defendants for alleged breaches of fiduciary duties, aiding and abetting breaches of fiduciary duty, and violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with the acquisition of Joy Global by Komatsu Ltd. and certain of its subsidiaries (collectively, “Komatsu”).

Joy Global Inc. is an American Fortune 100 company that manufactures and services heavy machinery used in underground and surface mining.

On July 21, 2016, Joy Global said it had entered into an Agreement and Plan of Merger (“Merger Agreement”) in which Joy Global will merge with Pine Solutions, Inc., a wholly owned subsidiary of Komatsu, and will thereafter continue as the surviving corporation. Komatsu will purchase all of Joy Global’s remaining shares at a price of $28.30 per share.

The complaint alleges that defendants breached their fiduciary duties by agreeing to the Proposed Acquisition. On September 2, 2016, in an attempt to secure shareholder support for the Proposed Acquisition, defendants issued a materially false and misleading Preliminary Proxy Statement on Schedule 14A (the “Proxy”). The Proxy recommends that Joy Global shareholders vote in favor of the Proposed Acquisition and omits and/or misrepresents material information about the unfair sales process for Joy Global, conflicts of interest that corrupted the sales process, the unfair consideration offered in the Proposed Acquisition, and the actual intrinsic value of the Company on a standalone basis and as a merger partner for Komatsu, in contravention of §§14(a) and 20(a) of the 1934 Act and/or defendants’ fiduciary duty of disclosure under state law. This substantial information was not disclosed to the investing public, thus impeding shareholders’ decisions whether or not to vote in favor of the Proposed Acquisition.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: http://www.bgandg.com/joy or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. If you suffered a loss in Joy Global you have until November 7, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 445402

Thermalabs New Products Become Market Hits

Almost all newly released products by Thermalabs are doing great in the market.

New York, United States – September 29, 2016 /MarketersMedia/ —

Cosmetics giant http://www.thermalabs.com/home has said that its new releases are doing impressively well in the market. The company has over the last two months introduced a flurry of products. Most of these have been special skincare aids based on rare ingredients such as Dead Sea mineral salts. The company has also introduced beach T-shirts, and other products designed to make its users beach experience fun and enjoyable.

Thermalabs is a leading innovator in the cosmetics space. The company has played a great role in the cosmetics industry. Its self tanners are some of the most popular, thanks to their consistency and ability to deliver on the product promise. Thermalabs started out with an introductory tanner known as ‘original self-tanner’. This was a major product that featured premium ingredients such as Green Tea and Aloe Vera. Thanks to a massive prospecting campaign by the company, the initial release was a massive success. The product effectively set the stage for successful launch of upcoming releases. More so, Thermalabs was able to cultivate a reputation for itself and attract the media coverage and attention that most startups crave far.

Thermalabs Shea Body Butter, Lavender body scrub exfoliator, and Vanilla patchouli exfoliator are some of the new products that have seen the market. All these fall under the company’s Supremasea sub-brand. According to Thermalabs, Supremasea is its private collection of skincare products created from Dead Sea salts and minerals. Barely 6 weeks after being introduced into the market, all these products have sold thousands of units on global e-commerce hub Amazon. More so, they have managed to secure a whopping five-star rating from dozens of users who have contributed product reviews. This is an indicator that Thermalabs does a thorough job with its products, and that the company is not willing to leave anything to chance when it comes to fulfilling the promises it makes to its users.

The company has also introduced a set of products under the Organic Healthcare umbrella name. Organic Healthcare is Thermalabs fairly new lineup of health products based on seeds, herbs, and plants extracted from the mountains of Galilee in Israel. The Aragan Oil and Jerusalem Balsam spray are just a few of the key products that have been released under this sub-brand. Although they haven’t fared as well as the Supremasea releases in the market, they are doing considerably well.

Over the last two weeks or so, Thermalabs has introduced a set of Beach T-Shirts that are available in various colors and sizes. These are meant to be worn at the beach and are completely fashionable. Thermalabs new T-Shirts have just been introduced to major online marketplaces such as Amazon.com, but the company has said that they are doing pretty well. It appears that Thermalabs is hitting the bull’s eye hard with its new launches. Moving forward, the company has said that it will introduce beach chairs, and more products designed to make life at the beach more enjoyable.

For more information, please visit http://www.thermalabs.com/home

Contact Info:
Name: Jennifer Parker
Organization: Thermalabs
Address: 450 West 58th Street New York, NY 10019
Phone: (877) 266-6257

Video URL: https://www.youtube.com/watch?v=QcxFn_D9gsM

Source: http://marketersmedia.com/thermalabs-new-products-become-market-hits/134831

Release ID: 134831

Military Electro Optical Infrared (EO/IR) Systems Market 2025: Competitive Landscape and Strategic Insights

The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025 – Competitive Landscape and Strategic Insights: Market Profile report is available at RnRMarketResearch.com.

September 29, 2016 /MarketersMedia/ —

This report shows the leading Military Electro Optical Infrared (EO/IR) Systems market segments in various regions across the world. Details of top companies active across the global Military Electro Optical Infrared (EO/IR) Systems market are provided, together with market size and forecast 2015-2025 for the main players across those areas.

Complete report on Military Electro Optical Infrared (EO/IR) Systems market spread across 46 pages, providing competitive landscape and 20 Tables is available at http://www.rnrmarketresearch.com/the-global-military-electro-optical-infrared-eoir-systems-market-2015-2025-competitive-landscape-and-strategic-insights-market-profile-market-report.html.

Key Findings
The report provides a detailed analysis of the competitive landscape of the Military Electro Optical Infrared (EO/IR) Systems market. It provides an overview of key Military Electro Optical Infrared (EO/IR) Systems companies catering to the Military Electro Optical Infrared (EO/IR) Systems sector, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

The global military Electro Optical Infrared (EO/IR) Systems industry is highly competitive. The US and various European countries are among the leading spenders and have well-developed EO/IR system suppliers, making these territories self-reliant.

Reasons to Buy
The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025 Competitive Landscape and Strategic Insights: Market Profile” allows you to: Gain insight into the competitive landscape of the global Military Electro Optical Infrared (EO/IR) Systems market. Provides detailed company profiles of leading Military Electro Optical Infrared (EO/IR) Systems companies and related systems manufacturing companies across the world. Analyse the activity of key Military Electro Optical Infrared (EO/IR) Systems companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Order a Copy of Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=381117.

The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025 – Competitive Landscape and Strategic Insights: Market Profile Table of Contents
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence

2 Competitive Landscape and Strategic Insights
2.1 Competitive Landscape overview
2.1.1 Lockheed Martin Corporation: overview
2.1.2 Lockheed Martin Corporation: products and services
2.1.3 Lockheed Martin Corporation: alliances
2.1.4 Lockheed Martin Corporation: recent contract wins
2.1.5 Lockheed Martin Corp.: financial analysis
2.1.6 BAE Systems Plc: overview
2.1.7 BAE Systems Plc: products and services
2.1.8 BAE Systems: alliances
2.1.9 BAE Systems: recent contract wins
2.1.10 BAE Systems Plc.: financial analysis
2.1.11 FLIR Systems: overview
2.1.12 FLIR Systems: products and services
2.1.13 FLIR Systems: alliances
2.1.14 FLIR Systems: recent contract wins
2.1.15 FLIR Systems: Financial Analysis
2.1.16 DRS Technologies: Overview
2.1.17 DRS Technologies: products and services
2.1.18 DRS Technologies: alliances
2.1.19 DRS Technologies: Recent Contract Wins
2.1.20 Cubic Global Defense: overview
2.1.21 Cubic Global Defense: products and services
2.1.22 Cubic Global Defense: recent contract wins
2.1.23 Cubic Global Defense: financial analysis
2.1.24 Elbit Systems: Overview
2.1.25 Elbit Systems: Products and services
2.1.26 Elbit Systems: Alliances
2.1.27 Elbit Systems: Recent contract wins
2.1.28 Elbit Systems: Financial analysis
2.1.29 L-3 Communications: overview
2.1.30 L-3 Communications: products and services
2.1.31 L-3 Communications: alliances
2.1.32 L-3 Communications: recent contract wins
2.1.33 L-3 Communications: financial analysis
2.1.34 Selex ES: Overview
2.1.35 Selex ES: Products and Services
2.1.36 Selex ES: Recent Contract Wins
2.1.37 Raytheon: Overview
2.1.38 Raytheon: Products and Services
2.1.39 Raytheon: Products and Services
2.1.40 Raytheon: Recent Contract Wins
2.1.41 Raytheon: Financial Analysis
2.1.42 Thales: Overview
2.1.43 Thales: Products and services
2.1.44 Thales: Alliances
2.1.45 Thales: Recent contract wins
2.1.46 Thales: Financial analysis
2.1.47 Corning: Overview
2.1.48 Corning: Products and Services
2.1.49 Corning: Alliances
2.1.50 Corning: Financial Analysis
2.1.51 Chess Dynamics: Overview
2.1.52 Chess Dynamics: Products and services
2.1.53 Chess Dynamics: Alliances

List of Tables
Table 1: Lockheed Martin Corporation – Alliances
Table 2: Lockheed Martin Corporation – Recent Contract Wins
Table 3: BAE Systems – Alliances
Table 4: BAE Systems – Recent Contract Wins
Table 5: FLIR Systems – Alliances
Table 6: FLIR Systems – Recent Contract Wins
Table 7: DRS Technologies – Alliances
Table 8: DRS Technologies – Recent Contract Wins
Table 9: Harris Corporation – Recent Contract Wins
Table 10: Elbit Systems – Alliances
And more

Get Discount on The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025 – Competitive Landscape and Strategic Insights: Market Profile Report at http://www.rnrmarketresearch.com/contacts/discount?rname=381117.

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For more information, please visit http://www.rnrmarketresearch.com/the-global-military-electro-optical-infrared-eoir-systems-market-2015-2025-competitive-landscape-and-strategic-insights-market-profile-market-report.html

Contact Info:
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Email: sales@rnrmarketresearch.com
Organization: RnRMarketResearch
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Source: http://marketersmedia.com/military-electro-optical-infrared-eoir-systems-market-2025-competitive-landscape-and-strategic-insights/135100

Release ID: 135100

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Oil-Dri Corporation of America for Potential Breaches Of Fiduciary Duty By Its Board of Directors

NEW YORK, NY / ACCESSWIRE / September 29, 2016 / Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Oil-Dri Corporation of America (NYSE: ODC).

If you are a shareholder of Oil-Dri and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:

http://pjlfirm.com/oil-dri-corporation-of-america/

You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Purcell Julie & Lefkowitz LLP

ReleaseID: 446231

Purcell Julie & Lefkowitz LLP Is Investigating Saga Communications, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

NEW YORK, NY / ACCESSWIRE / September 29, 2016 / Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Saga Communications, Inc. (NYSE MKT: SGA).

If you are a shareholder of Saga Communications and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:

http://pjlfirm.com/saga-communications-inc/

You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Purcell Julie & Lefkowitz LLP

ReleaseID: 446225

WELLS FARGO INVESTOR ALERT: Hagens Berman Alerts Wells Fargo & Company Investors to Class Action and Lead Plaintiff Deadline

SAN FRANCISCO, CA / ACCESSWIRE / September 29, 2016 / Hagens Berman Sobol Shapiro LLP alerts investors in Wells Fargo & Company (NYSE: WFC) to the securities class action lawsuit filed in the United States District Court for the Northern District of California and the November 25, 2016 Lead Plaintiff deadline.

If you purchased or otherwise acquired securities of WFC between February 26,
2014 and September 15, 2016 and suffered over $50,000 in losses contact Hagens Berman Sobol Shapiro LLP. For more information visit: https://www.hbsslaw.com/cases/WFC or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing WFC@hbsslaw.com.

On September 8, 2016, the U.S. Consumer Financial Protection Bureau (“CFPB”) publicized a Consent Order detailing Wells Fargo’s fraudulent cross-selling practices within its Community Banking business. These included illegally opening millions of client-unauthorized deposit and credit card accounts. The CFPB fined the Company more than $185 million related to the conduct.

On September 16, 2016, Reuters observed in an article titled “Wells Fargo faces scrutiny over lack of sales scandal disclosure” that the alleged fraud alarmed investors and lopped off roughly 7.5%, or $19 billion, from the Company’s market capitalization.

During September 20, 2016, Chairman of the Board and CEO (John G. Stumpf) testified before the U.S. Senate Committee on Banking, Housing and Urban Affairs. He allegedly admitted that he and the Wells Fargo Board knew in late 2013 that bank employees engaged in the fraudulent conduct. During the hearing, Senator Elizabeth Warren reportedly stated “[y]ou should resign” and “[y]ou should be criminally investigated.”

Wells Fargo terminated nearly 5,300 low-level employees for improper cross-selling. But it allowed Carrie L. Tolstedt, the senior executive overseeing them, to retire with a reported compensation package in excess of $100 million. In addition, during the class period Stumpf and Tolstedt together sold Wells Fargo shares for proceeds of approximately $31 million.

“The Defendants repeatedly touted the cross-sell strategy while hiding the fact it was rife with fraud,” said Hagens Berman partner Reed Kathrein. “Those unsound banking practices severely damaged investors.”

Whistleblowers: Persons with non-public information regarding Wells Fargo & Company should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email. WFC@hbsslaw.com.

About Hagens Berman

Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. Read the Firm’s Securities Newsletter, and visit the blog. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 510-725-3000

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 446191

VIDEO of Chicago Family Who Had to Euthanize Dog and Vaccinate Kids Due to Rabid Bat: World Rabies Day Today

ARLINGTON HEIGHTS, IL / ACCESSWIRE / September 29, 2016 / World Rabies Day is September 28th this year. The annual event is designed to raise awareness about the impact of rabies on humans and animals. This year’s theme is “Rabies: Educate. Vaccinate. Eliminate.” With the aim of educating, ABC Humane Wildlife Control & Prevention in Arlington Heights, Ill. has shared a video about one family’s experience with bat-related rabies. The video may be viewed on ABC Wildlife’s website (at http://abcwildlife.com) using a link on the home page or under the Bats tab.

 

Rabies is a deadly disease that kills between 25,000 and 60,000 people worldwide each year. An additional 15 million people receive post-bite vaccinations, undoubtedly preventing hundreds of thousands of additional deaths. The availability of post-exposure vaccination in the United States makes rabies deaths in the US very rare. About 50,000 people in the US receive post-exposure vaccination annually, preventing them from developing rabies after an exposure.

Once a person or animal becomes sick with rabies, it is almost always fatal. This means the best way to combat rabies is with prevention. Fortunately, the post-exposure vaccines are very effective. These special shots for people who have contact with a rabid animal keep them from getting sick as long as the shots are given within days of the exposure. There are also very effective vaccines to prevent pets from getting rabies. These preventative vaccines for pets are given on an annual schedule. When pets miss a scheduled vaccine, they may need to be quarantined, or even euthanized after contact with a rabid animal. In the attached video, the cherished family pet, a Chihuahua named “Bella” had to be put to sleep after contact with a rabid bat.

Finding a single bat does not automatically mean there is a colony in the home’s attic or walls, but it is important to rule it out. If a single bat is found, a bat exclusion contractor should be contacted to conduct a thorough building inspection to identify evidence of a roost. When a roost is found, if the bats have stayed in the walls and never come into the human-occupied spaces of the building, they can generally be safely excluded by installing a one-way valve allowing them to leave but not re-enter. When the bat has had contact with a human or pet, or has been in the human-occupied areas while people slept, it must be sent for rabies testing. If it tests positive for rabies, the humans that may have been exposed must receive shots.

In Illinois, bats are the number one carrier of rabies. Rebecca Fyffe, a wildlife educator with ABC Wildlife explained that the human exposure risk posed by bats, compared to other wildlife, needs to be taken very seriously because, “In Illinois, of the 311 animals that have tested positive for rabies since 2012, 100 percent of them were bats,” Fyffe explained.

All bats are protected in Illinois, however, not all bats are endangered. There are four species of bats on Illinois’ Endangered Species List, but the Little Brown Bat, the species most commonly found in attics and homes, is not one of them. Quite the opposite, the Little Brown Bat is considered abundant in our state.

Bats are an important part of the environment and eat many harmful insects. Bat conservation efforts, such as putting up bat houses and preserving bat habitats, do not pose risk to humans and should be encouraged.

Rebecca Fyffe explained that we do not need to be fearful of bats behaving normally in the wild. Watching bats hunt mosquitos at dusk poses no danger and is a welcome sign of a healthy ecosystem. A bat behaving abnormally, such as fluttering around on the ground, initiating contact with humans, or being carried in a pet’s mouth, is more likely to be sick than those behaving normally. Because bats are Illinois’ number one rabies carrier, with 1 in 1,000 bats having rabies, it is important to avoid physical contact with bats and to submit bats for testing once contact has occurred. “If the specimen has escaped or is not available for rabies testing, public health officials will direct the exposed person to seek shots,” explained Rebecca Fyffe. If the specimen is available for testing, the exposed person can avoid undergoing shots by testing the specimen instead.

In Illinois, Rebecca Fyffe supervises a team of 50 state-certified nuisance wildlife control specialists who are also certified to remediate bat colonies. Her organization, ABC Humane Wildlife Control & Prevention Inc. runs a free 24-hour a day telephone hotline at (847) 870-7175 where callers can have bats captured for testing and have their homes checked for the presence of a colony.

Rebecca Fyffe explains that through a partner nonprofit, she is able to gather grant funding to provide bat control capture and remediation service to those who cannot afford it. In partnership with the nonprofit Wildlife Control Policy Institute, it is ABC Wildlife’s policy to never turn a caller away for inability to pay. One instance of service that the company provided free was when a blind couple woke up with what they thought was a mouse in their bed, but they realized it was a bat when they felt its membranous wings. Rebecca Fyffe received the call from police officers who were standing in the blind couple’s bedroom trying to shoo the bat out the open window. She instructed the officers to close the window instead and she sent her team of biologists to capture the bat. Luckily the bat tested negative and the couple didn’t need to undergo shots. “We’re there for people 24-hours a day, 365 days a year, and if they truly can’t afford service and would otherwise go underserved, we help them first and ask questions later. Working with the Wildlife Control Policy Institute nonprofit has enabled us to donate our service under their grant structure and assist those who needed an emergency responder right away.”

Rabies can be a deadly disease, but we can mitigate the risk of bat-related rabies. We can protect our families by making sure our own animals are kept current on their rabies shots and by having bats that have come in contact with a person tested for rabies. For more information, visit ABC Wildlife’s website at http://abcwildlife.com.

For an interview, please contact:

Rebecca Fyffe
ABC Humane Wildlife Control & Prevention, Inc.
research-based urban pest management
1845 E. Rand Road, Suite 108
Arlington Heights, IL 60004
773. 870. 0870mobile (preferred)
773. 870. 7175office
www.abcwildlife.com

About ABC Wildlife:

ABC Wildlife humanely manages wildlife in the interest of human health and safety from an environmental sustainability perspective with a love of nature and a deep respect for all living things

ABC Wildlife is Illinois’ largest nuisance wildlife control firm with over 50 technicians serving Chicago and the surrounding suburbs everyday. ABC Wildlife has collected data on wildlife trends in Illinois since 1976 and works closely with the nonprofit Wildlife Control Policy Institute to share this information for the public good.

Bats Replaced Skunks as Illinois’ Top Rabies Carrier

In 1980, the height of skunk rabies, Illinois reported 443 rabid skunks, compared with only 12 skunks testing positive in the two decades between 1996 and 2016.

Of the 311 animals that have tested positive for rabies in Illinois between 2012 and 2016, 100 percent of them have been bats. Bats have replaced skunks, raccoons, coyotes and foxes as Illinois’ number one rabies carrier. If you think you have bats in your home call ABC Humane Wildlife Control & Prevention and ask about bat removal.

– On behalf of the Wildlife Control Policy Institute, NFP

SOURCE: ABC Humane Wildlife Control & Prevention, Inc.

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