IRVINE, CA / ACCESSWIRE / March 21, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Babcock & Wilcox (“Babcock” or the “Company”) (NYSE: BW). Investors, who purchased or otherwise acquired Babcock shares between February 19, 2013 and March 1, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 2, 2017 lead plaintiff deadline.

If you purchased shares of Babcock during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

On March 1, 2017, Babcock & Wilcox revealed unsatisfactory fourth quarter 2016 outcomes, reporting “fourth quarter 2016 revenues of $380.0 million, a decrease of $122.7 million, or 24.4%, compared to the fourth quarter of 2015. GAAP earnings per share for the fourth quarter of 2016 were a loss of $1.47 compared to a loss per share of $0.10 for the fourth quarter of 2015.”

When this information was announced to the investing public, Babcock stock dropped, causing investors harm.

If you wish to learn more about this lawsuit, at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Khang & Khang LLP

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 457846

LOS ANGELES, CA / ACCESSWIRE / March 21, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Invuity, Inc. (“Invuity” or the “Company”) (NASDAQ: IVTY). Investors, who purchased or otherwise acquired Invuity shares between July 19, 2016, and November 3, 2016, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 28, 2017 lead plaintiff deadline.

To participate in this class action lawsuit, click here. You can also 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. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

On November 3, 2016, Invuity announced its financial results for the third quarter of 2016 and, noting in part a decrease in average revenue per account, the Company decreased its guidance. When this news was released to the public, the value of Invuity dropped, causing investors harm.

Lundin Law PC was founded 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

http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 457847

IRVINE, CA / ACCESSWIRE / March 21, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Global Eagle Entertainment Inc. (“Global Eagle” or the “Company”) (NASDAQ: ENT). Investors, who purchased or otherwise acquired Global Eagle shares between November 9, 2016, and February 20, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 24, 2017 lead plaintiff deadline.

If you purchased shares of Global Eagle during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

On February 21, 2017, Global Eagle revealed that its CEO, Dave Davis, and CFO, Tom Severson, had both left Global Eagle. The Company also noted that it cannot file its 2016 annual report on time, and will withdraw its guidance for its 2016 financial performance.

When this news was revealed to the investing public, the value of Global Eagle fell, causing investors serious harm.

If you wish to learn more about this lawsuit, at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 457845

RADNOR, PA / ACCESSWIRE / March 21, 2017 / The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action lawsuit has been filed against AmTrust Financial Services, Inc. (Nasdaq: AFSI) (“AmTrust” or the “Company”) on behalf of purchasers of the Company’s securities between March 2, 2015 and March 16, 2017, inclusive (the “Class Period”).

Deadline Reminder: Investors who purchased their AmTrust securities during the Class Period may, no later than May 1, 2017,
petition the Court to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this action please visit https://www.ktmc.com/new-cases/amtrust-financial-services-inc#join.

AmTrust, through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally.

The shareholder class action complaint alleges that AmTrust and certain of its executive officers made a series of materially false and misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects to investors during the Class Period, including the following: (1) that the Company had ineffective assessment of the risks associated with financial reporting; (2) that the Company had an insufficient complement of corporate accounting and corporate financial reporting resources within the organization; and (3) that the Company lacked effective controls over financial reporting. The complaint further alleges that, as a result of the foregoing, the defendants’ statements about AmTrust’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times.

On February 27, 2017, AmTrust disclosed that it had identified a “material weakness in its internal control over financial reporting” and that it would require additional time to file its Fiscal 2016 financial statements with the SEC. The Company further disclosed that the material weakness in its internal control over financial reporting “specifically related to ineffective assessment of the risks associated with the financial reporting, and an insufficient complement of corporate accounting and corporate financial reporting resources within the organization.”

Following this news, shares of AmTrust’s stock fell $5.32 per share, or over 19%, to close February 27, 2017 at $22.34 per share.

Then, on March 16, 2017, the Company disclosed that “the Audit Committee of the AmTrust Board of Directors, in consultation with management and its current and former independent auditors, concluded that the Company’s previously issued consolidated financial statements for 2014 and 2015 (including for each of the four quarters of 2015) as well as for the first three quarters of 2016 should be restated and should no longer be relied upon.” Additionally, AmTrust reported that “the reports of BDO USA LLP, the Company’s former independent auditor, on the Company’s consolidated financial statements for 2014 and 2015, including its opinions on the effectiveness of internal control over financial reporting for such periods, likewise should no longer be relied upon.”

Following this update, shares of AmTrust’s stock declined an additional $4.03 per share, or over 18%, to close on March 17, 2017 at $17.58 per share.

AmTrust shareholders may, no later than May 1, 2017, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/amtrust-financial-services-inc#join.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Darren J. Check, Esq.
D. Seamus Kaskela, Esq.
Adrienne O. Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(888) 299-7706
(610) 667-7706
info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP

ReleaseID: 456949

NEW YORK, NY / ACCESSWIRE / March 21, 2017 / Pomerantz LLP is investigating claims on behalf of investors of WPP plc (“WPP” or the “Company”) (NASDAQ: WPPGY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether WPP and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here to join a class action]

On December 6, 2016, The Wall Street Journal reported that the U.S. Department of Justice was investigating possible price-fixing in video-advertising production, naming WPP as a possible “subject of the government’s inquiry.”

On this news, WPP’s share price fell $1.18, or 1.1%, to close at $105.77 on December 6, 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: 457856

IRVINE, CA / ACCESSWIRE / March 21, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Egalet Corporation (“Egalet” or the “Company”) (NASDAQ: EGLT). Investors, who purchased or otherwise acquired Egalet shares between December 15, 2015, and January 9, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the March 28, 2017 lead plaintiff deadline.

If you purchased shares of Egalet during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

On January 9, 2017, Egalet released a statement concerning approval for its product, Arymo ER. The same day, the U.S. Federal Drug Administration stated that a competitor product, MorphaBond, “has marketing exclusivity for labeling describing the expected reduction of abuse of single-entity extended-release morphine by the intranasal route due to physicochemical properties.” Because of MorphaBond’s exclusivity within this market, “no other single-entity extended-release morphine product submitted in an abbreviated new drug application or 505(b)(2) application can be approved for that use at this time.” When this information was revealed to the investing public, the value of Egalet stock fell, causing investors harm.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

If you wish to learn more about this lawsuit, at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 457843

LOS ANGELES, CA / ACCESSWIRE / March 21, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against State Street Corporation, (“State Street” or the “Company”) (NYSE: STT). Investors, who purchased or otherwise acquired State Street shares between February 27, 2012 and January 18, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the March 28, 2017 lead plaintiff deadline.

To participate in this class action lawsuit, please click here, or 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.

On January 18, 2017, the U.S. Department of Justice revealed State Street entered into a deferred prosecution agreement, settling to confer a sum of $32.3 million to resolve charges related to an alleged scheme to defraud bank clients by wrongfully adding commissions to billions of dollars of securities trades.

The Company admitted to the allegations and agreed to a deferred prosecution agreement that mandates that the Company use an independent corporate compliance monitor for three years.

When this news was released to the public, the value of State Street dropped, 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: 457842

PASADENA, CA / ACCESSWIRE / March 21, 2017 / Brazil Minerals, Inc. (OTC PINK: BMIX) (the “Company” or “Brazil Minerals”) announced today that it has released a video of the first diamond and gold modular recovery plant that it operates. The video can be watched at the link below:

https://youtu.be/ZTtHbledWQg

This plant was paid for by the Company’s subsidiary, Jupiter Gold Corporation (Jupiter Gold), and is solely operated by Brazil Minerals which retains 100% of the diamonds and 50% of the gold recovered from it, while the other 50% of gold is for the account of Jupiter Gold. Under standard U.S. GAAP consolidation of financial results for subsidiaries, any gold revenues obtained by Jupiter Gold are added to the revenues of Brazil Minerals.

A second modular plant is being designed for placement in a different mineral right for gold and diamonds owned by Brazil Minerals.

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTC PINK: BMIX) is a producer of diamonds, gold, sand and industrialized mortar. Through various subsidiaries, consolidated in our financial statements, we have title to 38 mineral rights for gold, diamonds, manganese and sand, including 10 mining concessions for gold and diamonds, the highest level of right to mine in Brazil; the total surface area of these mineral rights is 218,525 acres or 440 square miles. More information on BMIX is at www.brazil-minerals.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.’s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, BMIX’s ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Contact:

Peter K. Goldy
Director of Communications
Brazil Minerals, Inc.
(213) 590-2500
info@brazil-minerals.com
www.brazil-minerals.com

SOURCE: Brazil Minerals, Inc.

ReleaseID: 457855

RADNOR, PA / ACCESSWIRE / March 21, 2017 / Kessler Topaz Meltzer & Check, LLP reminds Banc of California, Inc. (NYSE: BANC) (“Banc of California” or the “Company”) shareholders that a class action lawsuit has been filed on behalf of purchasers of Banc of California securities between August 7, 2015 and January 23, 2017, inclusive (the “Class Period”).

FINAL REMINDER: Shareholders who purchased Banc of California securities during the Class Period may, no later than March 24, 2017, petition the Court to be appointed as a lead plaintiff representative of the class. For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/banc-of-california-inc#join.

Banc of California shareholders who wish to discuss their legal rights or interests with respect to this action are encouraged to contact Kessler Topaz Meltzer & Check (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 – 7706 or (610) 667 – 7706, or via e-mail at info@ktmc.com

Banc of California provides banking and home lending services to individuals and businesses.

As detailed in the complaint, on October 18, 2016, SeekingAlpha.com published an article entitled “BANC: Extensive Ties To Notorious Fraudster Jason Galanis Make Shares Un-Investible.” That article alleged that Banc of California’s senior-most officers and board members have ties to Jason Galanis (“Galanis”), who the article claimed has a “long history of secretly gaining control of banks and public companies via front men, looting assets, and leaving unsuspecting investors and taxpayers with hundreds of millions in losses.” Following this news, shares of the Company’s stock declined $4.61 per share, or 29%, to close on October 18, 2016 at $11.26 per share.

Then, on January 23, 2017, Banc of California disclosed that its Chief Executive Officer (“CEO”) had resigned and that the United States Securities and Exchange Commission had opened an investigation into whether the Company had misled investors in its response to the October 2016 SeekingAlpha report. Following this news, shares of the Company’s stock declined $1.50 per share, or 9.3%, to close on January 23, 2017 at $14.65 per share.

The complaint alleges that, throughout the Class Period, Banc of California and certain of its executive officers made a series of false and misleading statements and/or failed to disclose: (1) that the company had extensive ties to Galanis; (2) that, given Galanis’ history, the Company’s ties to Galanis created substantial regulatory risk; (3) that revelation of Galanis’ ties to the company could cause a substantial decline in the market price of the Company’s securities; and (4) that the Company’s communications to investors regarding the SeekingAlpha investigation was misleading. The complaint further alleges that, as a result of the foregoing, the defendants’ positive statements about Banc of California’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

Banc of California shareholders may, no
later than March 24, 2017, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/banc-of-california-inc#join.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers, and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP

Darren J. Check, Esq.

D. Seamus Kaskela, Esq.

Adrienne O. Bell, Esq.

280 King of Prussia Road

Radnor, PA 19087

(888) 299-7706

(610) 667-7706

info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP

ReleaseID: 453721