LOS ANGELES, CA / ACCESSWIRE / February 27, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against PayPal Holdings, Inc. (“PayPal” or the “Company”) (NASDAQ: PYPL), eBay Inc. (“eBay”) (NASDAQ: EBAY), and certain of its officers concerning possible violations of federal securities laws.

Investors who (1) purchased or otherwise acquired eBay securities on the open market on or after December 19, 2013 (“eBay Class Period”) and then received PayPal securities pursuant to eBay’s spin-off of PayPal, effective as of July 17, 2015; and/or (2) purchased or otherwise acquired PayPal securities on the open market between July 20, 2015 and April 28, 2016, both dates inclusive (the “PayPal Class Period” and, together with the eBay Class Period, the “Class Period”), are advised to contact the firm prior to the February 27, 2017 lead plaintiff deadline.

To participate in this class action lawsuit, call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

PayPal is a technology company that offers digital and mobile payment transactions between merchants and customers. Between 2002 and 2015, PayPal was a subsidiary of eBay. eBay is an e-commerce company that offers consumer-to-consumer and business-to-consumer purchases and payments.

Venmo is a mobile payment tool that allows users the opportunity to exchange payments from their bank accounts through their mobile phones.

The Complaint alleges that during the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about its business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: PayPal’s Venmo service was allegedly participating in unfair trade practices; the announcement of the above allegations was likely to affect PayPal’s profit on its Venmo service and/or thus, PayPal’s public statements were materially false and misleading at all relevant times.

On April 28, 2016, PayPal Holdings Inc. announced that federal regulators are investigating its Venmo service regarding possible unfair trade practices after receiving a civil investigative demand on March 28 from the Federal Trade Commission (the “FTC”) for Venmo documents. The FTC inquiry focuses on whether PayPal, through Venmo, participated in unfair or deceptive trade practices. The investigation “may result in substantial costs, including legal fees, fines, penalties and remediation expenses and actions, and require us to change aspects of the manner in which we operate Venmo.”

When this information was revealed to the investing public, the value of PayPal stock dropped $0.89 per share and closed at $39.18 on April 29, 2016, causing investors harm.

Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com

SOURCE: Lundin Law PC

ReleaseID: 456116

NEW YORK, NY / ACCESSWIRE / February 27, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against PayPal Holdings, Inc. (“PayPal” or the “Company”) (PYPL), eBay, Inc. (“eBay”) (EBAY), and certain of its officers, and is on behalf of a class consisting of all persons or entities who: (1) purchased or otherwise acquired eBay securities on the open market on or after December 19, 2013 (the “eBay Class Period”) and subsequently received PayPal securities pursuant to eBay’s spin-off of PayPal, effective as of July 17, 2015; and/or (2) purchased or otherwise acquired PayPal securities on the open market between July 20, 2015 and April 28, 2016, both dates inclusive (the “PayPal Class Period” and, together with the eBay Class Period, the “Class Period”). Such investors are advised to join this case by visiting the firm’s site: http://www.bgandg.com/pypl.

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”).

PayPal, spun off from eBay in July 2015, is an American technology platform company running a worldwide online payments system that enables digital and mobile payments on behalf of consumers and merchants. Between 2002 and 2015, PayPal functioned as a subsidiary of eBay. eBay is an American multinational corporation and e-commerce company offering consumer-to-consumer and business-to-consumer payment solutions online.

In 2013, PayPal acquired Braintree, a payment service provider and holder of Venmo. Defining itself as a “digital wallet,” Venmo is a mobile payment service that allows its users to transfer money to each other after setting up a personal Vebmo account and linking it to users’ bank account.

On September 30, 2014, eBay publicized that it would spin off PayPal and its services, including Venmo, into a separate publicly traded company. The spin off was completed pursuant to which each holder of eBay common stock received one share of PayPal common stock for every share of eBay held at July 8, 2015’s market close.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the its business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) PayPal’s Venmo service was involved in unfair trade practices; (2) once the above facts were made public, it was likely to impact PayPal’s profitability of its Venmo service and increase regulatory scrutiny and/or; and (3) consequently, PayPal’s public statements were materially false and misleading at all relevant times.

On April 28, 2016, PayPal Holdings Inc. announced that federal regulators are investigating the its Venmo free peer-to-peer payment service in relation with possible unfair trade practices. PayPal received a civil investigative demand on March 28 from the Federal Trade Commission (the “FTC”) for Venmo documents. The FTC review concentrates on whether PayPal, through Venmo, engaged in unfair or deceptive trade practices. The investigation “may result in substantial costs, including legal fees, fines, penalties and remediation expenses and actions and require us to change aspects of the manner in which we operate Venmo.” Following this news, PayPal stock dropped $0.89 per share or 2.22% and closed at $39.18 on April 29, 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/pypl or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in PayPal you have until February 27, 2017 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: 456111

PALM BEACH GARDENS, FL / ACCESSWIRE / February 27, 2017 / Olympus Insurance Company, a leading Florida homeowners’ insurer, announced that Mariela Perez-Pennock, FCLS, was elected Chair and voting member of the Public Relations and Public Outreach Committee of the Florida Property and Casualty Insurance Fraud Task Force. The Task Force was created by the Florida Department of Financial Services in 2010. The organization’s mission is to reduce, deter, or eliminate property and casualty (P&C) insurance fraud.

As Chair of the Public Relations and Public Outreach Committee, Ms. Perez-Pennock will oversee the efforts of the Committee to provide fraud awareness to consumers through social media, seminars, and legislative support, in order to fight the escalating epidemic of property fraud.

“Through this new role, I hope to continue the Task Force’s work to fight insurance fraud in Florida,” said Ms. Perez-Pennock. “I have dedicated my career to investigating and reducing fraud in our industry and am passionate about working to decrease the impact that this issue has had in our state.”

Ms. Perez-Pennock began her insurance career in 1988 with Progressive Insurance in Tampa, Fla. Prior to joining Olympus Insurance, she was the SIU Manager for North American Risk Services (NARS). Her background also includes working as a Special Agent with the National Insurance Crime Bureau (NICB) where she served as part of the Mid-Atlantic Fraud Task Force, covering Pennsylvania, New Jersey, and Delaware. Additionally, she was the SIU Medical Fraud Manager for Nationwide Insurance in Florida and has held SIU positions with Travelers and Safe Auto Insurance.

Ms. Perez-Pennock attended the University of South Florida, pursuing a double major in Criminal Justice and Voice Performance. She holds FCLS, CCA, and CATI designations and is a prominent speaker and trainer at industry conferences.

“We are all very proud of Mariela for taking on this new and critical role and fully support her efforts,” said Jeffrey B. Scott, CEO of Olympus Insurance. “At Olympus, we are dedicated to fighting anything that increases rates for our customers.”

About Olympus Insurance Company

Headquartered in Palm Beach Gardens, FL and founded in 2007, Olympus Insurance Company specializes in Florida property insurance. Through its independent agency force, Olympus insures $45 billion worth of residential and investment property, including homes, condos, rental property, and valuable personal property. The company also writes flood insurance and umbrella policies. Coverage for individual risks up to $5 million in total insured value is provided on one of the most comprehensive coverage forms in the industry. For more information, visit olympusinsurance.com.

SOURCE: Olympus Insurance Company

ReleaseID: 456103

WINNIPEG, MANITOBA / ACCESSWIRE / February 27, 2017 / Gossan Resources Limited (TSX-V: GSS) (FSE: GSR) (OTC PINK: GSSRF) has received results of a Geobotanical Survey conducted at its Sturgeon Lake Zn-Cu-Au-Ag VMS Property during the Fall of 2016. This Survey provides increased resolution and better definition of metal anomalies over high priority VMS polymetallic drill targets that were previously identified in a VTEM geophysical survey, a soil geochemical survey, and a SGH (Soil Gas Hydrocarbon) Survey.

The Sturgeon Lake Zinc Property is located in the zinc-copper-silver-rich polymetallic Sturgeon Lake Greenstone Belt in northwestern Ontario and is comprised of 15 claims totaling 3,344 hectares. The Property is directly along strike and to the east of 6 Volcanogenic Massive Sulfide (VMS) deposits that were mined between 1970 and 1991. Approximately 18.7 million tonnes of ore was mined from these VMS deposits with typical grades of 8.0% zinc, 1.1% copper, 0.8% lead, 120 gpt silver and 0.5 gpt gold. At Gossan’s Sturgeon Lake property there are limited mineralized outcrops and this survey provides Gossan with encouraging coincident results in order to design a drill program.

Gossan President, Douglas Reeson, stated, “This new detailed geobotantical survey provides excellent coverage in the target zones and provides better definition of anomalous metal zones coincident with the most prospective geophysical targets. We are highly encouraged by the coincident anomalies, presence of sulfide mineralization, favourable stratigraphy with evidence of strong alteration, and the close proximity on trend with a series of past producing mines. A drill program to test these areas is warranted.”

The coincident geophysical and geochemical anomalies occur within the south east strike extension of the Lyon Lake, Creek Zone, and Sturgeon Lake past-producing VMS deposits. The target areas are hosted in part within blue quartz-crystal rhyolites with hydrothermal alteration and sulfide mineralization similar to the rhyolites that host the nearby deposits. In further preparation for diamond drilling, Gossan has contracted Geotech Ltd. to carry out Maxwell Modelling of geophysical targets that are coincident with the geochemical anomalies.

Maps of the regional geology and a property map with results from the geobotanical survey can be found at:

http://www.gossan.ca/projects/pdf/SturgeonLakeRegionalGeology.pdf
http://www.gossan.ca/projects/pdf/SturgeonLakeAnomalies.pdf

The Geobotanical Alder Survey was conducted on 22 lines over 23.4 line kilometres. A total of 444 samples were taken. The geobotanical analyses were conducted by Actlabs. Coincident geochemical anomalies associated with these targets include the highest possible ranking for VMS mineralization by SGH surveys, and zinc and copper metal anomalies from enzyme leach soil surveys. These target zones are further corroborated and better defined by coincident Zn-Au-Ag rich anomalies detected by the recent alder geochemical survey.

Gossan sought and has been permitted for a drill program with up to 20 drill pad locations.

Hamid Mumin, P.Geo., a Gossan Director, is the Company’s Qualified Person, and he has reviewed and approved the technical contents of this news release.

Gossan will have a booth (2615A) in the Investors Exchange at Prospectors and Developers Convention (PDAC) on Sunday March 5 and Monday March 6 held in the Toronto Convention Centre.

Gossan Resources Limited is engaged in mineral exploration and development in Manitoba and northwestern Ontario. It has a well-diversified portfolio of properties hosting gold, platinum group, and base metals, as well as the specialty and minor metals, vanadium, titanium, tantalum, lithium, and chromium. The Company also has a large deposit of high-purity, magnesium-rich dolomite, and various financial interests in a frac sand deposit. Gossan acquired a new property in the zinc-rich polymetallic Sturgeon Lake Greenstone Belt in northwestern Ontario which is permitted for a drill program. The Company trades on the TSX Venture and the Frankfurt/Freiverkehr&Xetra Exchanges, and currently has 33,170,400 common shares outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For further information, please bookmark www.gossan.ca or contact:

Douglas Reeson, Chairman & CEO
Gossan Resources Limited
Tel: (416) 533-9664
E-Mail: info@gossan.ca

SOURCE: Gossan Resources Limited

ReleaseID: 456104

LAS VEGAS, NV / ACCESSWIRE / February 27, 2017 / Come enjoy the tropical splendor that is Liki
Tiki Village Resort by Diamond Resorts International®. Relax in the affordable luxury of accommodations that include a variety of amenities, including a water park, for the whole family. Only minutes away, Orlando and Kissimme is the home to Walt Disney World® Resort, SeaWorld Orlando®, and Universal Orlando® Resort.

Explore the 64 acres of lush landscape around this Orlando water resort. The lagoon features a gently rolling wave pool, 5 water slides, an erupting water volcano, a waterfall, a toddler’s area, spouting tiki heads, and a dancing fountain. Enjoy your favorite read while the children play pirates, mermaids, or whatever their imaginations conceive. Around the lagoon are lounging areas and a children’s playground. Stroll around the Polynesian-themed complex and absorb its tropical beauty.

Create priceless memories of days filled with breathtaking wonder, looping roller coasters and non-stop action. Thrill at nights of dinner shows, dancing, luaus and strolling under the stars. Play with some very famous mice, swim with dolphins, and wave your wand in a world of wizards. Get prehistoric with gigantic gators. Aim for a birdie on a championship golf course. Take over the stage on karaoke night. Please your palette with world cuisines. Discover treasures on outlet shopping excursions. It’s an amazing Florida vacation, a fabulous weekend getaway, and the perfect way to stay happy, stay healthy and Stay Vacationed.™

About Diamond Resorts International®

Diamond Resorts International®, with its network of more than 370 vacation destinations located in 35 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australasia and Africa, provides guests with choice and flexibility to let them create their dream vacation, whether they are traveling an hour away or around the world. Our relaxing vacations have the power to give guests an increased sense of happiness and satisfaction in their lives, while feeling healthier and more fulfilled in their relationships, by enjoying memorable and meaningful experiences that let them Stay Vacationed.™

Diamond Resorts International® manages vacation ownership resorts and sells vacation ownership points that provide members and owners with Vacations for Life® at over 370 managed and affiliated properties and cruise itineraries.

Diamond Resorts – Vacations for Life – Stay Vacationed: http://www.diamondresortsnews.com
Diamond Resorts (@diamondresorts) – Twitter: https://twitter.com/diamondresorts
Diamond Resorts International – Facebook: https://www.facebook.com/DiamondResortsInternational/
Diamond Resorts International® Why Vacations for Life® – YouTube: https://www.youtube.com/watch?v=wuBW2aWUO5s

For more information: www.diamondresorts.com

Contact Information

Angela Triano
Tel: 551-574-8332
trianoangela@yahoo.com

SOURCE: Diamond Resorts International®

ReleaseID: 456102

LOS ANGELES, CA / ACCESSWIRE / February 27, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Endologix, Inc. (“Endologix” or the “Company”) (NASDAQ: ELGX) concerning possible violations of federal securities laws. Investors, who purchased or otherwise acquired Endologix shares between August 2, 2016 and November 16, 2016 inclusive (the “Class Period”), are encouraged to contact the firm prior to March 6, 2017, also known as the lead plaintiff motion deadline.

To participate in this class action lawsuit, call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

Nellix is Endologix’s endovascular aneurysm sealing system used against infrarenal abdominal aortic aneurysms. Endologix allowed the Nellix system to be applied in the Nellix investigational device exemption (IDE) clinical trial, the EVAS FORWARD-IDE Study. However, Endologix revealed that the FDA asked for a follow-up on patients in the EVAS-FORWARD-IDE study to measure Nellix. On December 27, 2016, Endologix revealed that it was barring AFX Endovascular AAA System shipments indefinitely because of a manufacturing investigation. When this news was shared with the investing public, Endologix stock fell, causing shareholders harm.

Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com

SOURCE: Lundin Law PC

ReleaseID: 456105

TORONTO, ON / ACCESSWIRE / February 27, 2017 / The Jenex Corporation (TSX-V: JEN.H) (“Jenex” or the “Company”). At the request of IIROC, The Jenex Corporation wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

About Jenex:

Jenex is a progressive medical device technology company focused on providing consumers with quality medical devices that address their dermatological needs. Clear and healthy skin for all is at the core of Jenex’s philosophy, as is the belief that such outcomes should not be a privilege for only those who can afford costly procedures and treatments. The Company’s breakthrough proprietary technology delivers effective, non-invasive, and pain free skin care. The Jenex Corporation trades on the NEX (TSX-V: JEN.H). For more information, visit: www.thejenexcorporation.com or www.therozap.com

FORWARD-LOOKING STATEMENTS

Certain statements in this news release constitute “forward-looking” statements. These statements relate to future events or the Company’s future performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

FOR FURTHER INFORMATION PLEASE CONTACT:

The Jenex Corporation
Rob Fia
CEO & Chairman
rfia@thejenexcorporation.com

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES

SOURCE: The Jenex Corporation

ReleaseID: 456100