NEW YORK, NY / ACCESSWIRE / March 29, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against INSYS Therapeutics, Inc. (“INSYS” or the “Company”) (NASDAQ: INSY) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased INSYS securities between February 23, 2016 and March 15, 2017, both dates inclusive (the “Class Period”). Investors are encouraged to learn more about this case by visiting the firm’s site: http://www.bgandg.com/insy.

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 throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose that: (1) INSYS had overstated its 2015 net revenue; (2) INSYS had misstated its sales allowances for 2016; (3) as a result, INSYS lacked effective internal controls over financial reporting; and (iv) consequently, the Company’s public statements were materially false and misleading at all relevant times.

On March 15, 2017, after-market hours, INSYS announced that it would postpone filing its financial results for the quarter and year ended December 31, 2016. INSYS told investors that “[t]he Audit Committee of the Company’s Board of Directors has been conducting an independent review of the Company’s processes related to estimation of, and increases to, certain sales allowances recorded during 2016, with a potential reduction of 2015 net revenue and pre-tax income not expected to exceed $5 million, as well as extended payment terms offered to certain customers during the third quarter of 2016.” Following this news, INSYS stock dropped $0.49 per share, or 4.64%, to close at $10.06 on March 16, 2017.

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/insy, or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. You have until May 16, 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: 457604

NEW YORK, NY / ACCESSWIRE / March 29, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against USANA Health Sciences, Inc. (“USANA” or the “Company”) (NYSE: USNA) and certain of its officers, and is on behalf of purchasers of USANA securities between March 14, 2014 and February 7, 2017, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/usna.

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 throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) USANA’s BabyCare subsidiary had engaged in improper reimbursement practices in China; (2) these practices constituted violations of the Foreign Corrupt Practices Act; (3) consequently, USANA’s China revenues were in part the product of unlawful conduct and unlikely to be maintainable; (4) once the above mentioned conduct became public, USANA was likely subject to significant regulatory scrutiny; and (5) as a result, USANA’s public statements were materially false and misleading at all relevant times.

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/usna, 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 USANA, you have until April 14, 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: 455083

NEW YORK, NY / ACCESSWIRE / March 29, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against SITO Mobile, Ltd. (“SITO” or the “Company”) (NASDAQ: SITO) and certain of its officers, and is on behalf of purchasers of SITO securities between February 9, 2016, and January 2, 2017, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/sito.

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 throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) SITO’s development of bookings would not drive the Company’s fourth fiscal quarter 2016 media placement revenues and revenue growth to the level represented during the Class Period; (2) SITO was aware that the election would impact its fourth fiscal quarter 2016 revenue, (3) clients’ campaign spending and media placement revenues in the fourth quarter 2016 was highly dependent on the elections; (4) SITO’s growth in media placement revenues would not occur in the fourth fiscal quarter 2016; (5) consequently, SITO’s statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

On January 3, 2017, SITO released discouraging quarterly revenue results for its preliminary media placement for the quarter ending December 31, 2016. SITO said its results were “negatively affected this year by restrained advertising spending during a period of heightened and elongated media focus on this year’s U.S. election.” Jerry Hug, SITO’s CEO, was quoted, “We clearly underestimated the effects of this year’s election on our clients’ campaign spending.” Despite a positive conference call in the third quarter where Hug told an analyst that there would not be a significant drop from the election, the discouraging results came shortly after the SITO’s repeated hype and positive forecast. Following this news, SITO stock dropped 32% on January 3, 2017.

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/sito, 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 SITO, you have until April 18, 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: 455853

NEW YORK, NY / ACCESSWIRE / March 29, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against FXCM Inc. (“FXCM” or the “Company”) (NASDAQ: FXCM) and certain of its officers, on behalf of a class who purchased FXCM securities between March 15, 2012 and February 6, 2017, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/fxcm.

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 Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) between September 4, 2009 through at least 2014, FXCM’s U.S. subsidiary were engaged in false and misleading solicitations of its retail foreign exchange customers by hiding its relationship with its most important market maker and by misrepresenting that its “No Dealing Desk” platform had no conflicts of interest with its customers; (2) FXCM’s U.S. subsidiary made false statements to the National Futures Association about its relationship with the market maker; and (3) consequently, Defendants’ statements regarding FXCM’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On February 6, 2017, the Commodities Futures Trading Commission (“CFTC”) found that FXCM was engaged in false and misleading solicitations of its retail foreign exchange customers by hiding its relationship with FXCM’s most important market maker and the fact that the Company’s “No Dealing Desk” platform had conflicts of interest with FXCM’s customers. Due to the above, CFTC barred FXCM from operating in the United States. Following this news, FXCM stock dropped $3.40 per share, or 50%, to close at $3.45 on February 7, 2017.

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: www.bgandg.com/fxcm, 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 FXCM, you have until April 10, 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: 454667

NEW YORK, NY / ACCESSWIRE / March 29, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Exar Corporation (NYSE: EXAR) stock prior to March 29, 2017.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation
into the fairness of the sale of Exar Corporation to MaxLinear, Inc. (NYSE: MXL) for $13 per share. To learn more about the action and your rights, go to:

http://zlk.9nl.com/exar-exar

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 458465

WINTER PARK, FL / ACCESSWIRE / March 29, 2017 / Imagination TV, Inc. (OTC PINK: IMTV).

To our shareholders,

First, I would like to thank all shareholders for your support. I want to apologize for the delayed follow up to our previous shareholder update.

As previously stated, Imagination TV’s business model has always been a combination of technology and entertainment. We will be keeping the core of this business model intact, although we will be heavily incorporating one of the hottest and fastest growing sectors in the market. I am pleased to announce that within the next 45 days we will be launching two new premium web properties:

808Hitz.com – In a time where streaming music is the new standard, Imagination TV Inc.’s mission is to create a platform where upper echelon music producers can connect with artists worldwide and provide a high-quality sound pool for artists to choose from. Artists will also gain the ability to achieve an industry caliber sound for an affordable price.

MJBBB.org – The emergence of the legal and booming marijuana / cannabis industry has allowed many individuals and businesses to flourish. This multibillion dollar industry has a consumer audience that, just like the companies they are now supporting, are now trying to navigate this industry. MJBBB.org will serve as an intermediary between marijuana / cannabis industry consumers and businesses.

We are currently hard at work with a team of professional designers and web developers on both 808Hitz.com and MJBBB.org. Within the coming weeks, we will be releasing final business plans for each property. We will, as well, be announcing new management with 25 years’ experience within the music industry as a successful producer and sound engineer.

Once again, I want to thank everyone for their continued support.

Regards,
Joseph S Sirianni
Imagination TV, Inc.

Safe Harbor for Forward-Looking Statements:

This news release includes forward-looking statements. While these statements are made to convey to the public the company’s progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company’s operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company’s periodic filings with the U.S. Securities and Exchange Commission.

Contact:

Email: info@empireventuresgroup.com
Phone: (307) 201-0602

SOURCE: Imagination TV, Inc.

ReleaseID: 458468

NEW YORK, NY / ACCESSWIRE / March 29, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Under Armour, Inc. (“Under Armour” or the “Company”) (NYSE: UA, UAA) and certain of its officers, and is on behalf of purchasers of Under Armour securities between April 21, 2016 and January 30, 2017, inclusive (the “Class Period”). Such investors are advised to join this case by visiting the firm’s site: http://www.bgandg.com/uaa.

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 throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that Under Armour’s revenue and profit margins would not be able to withstand the heavy promotions, high inventory levels, and ripple effects of numerous department store closures and the bankruptcy of one of its large retailers. Instead, Under Armour promoted itself as a growth company that would continue to develop and market game-changing products.

On January 31, 2017, Under Armour revealed its lower-than-anticipated fourth-quarter revenues and announced the resignation of CFO Chip Molloy. Roughly $2.7 billion, or one fifth, of Under Armour’s market capitalization disappeared on January 31, 2017 after Under Armour said its quarterly revenue growth dropped more than 20% for the first time in 26 quarters and that it was replacing its CFO after only 13 months. Following this news, Under Armour stock dropped, damaging investors.

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/uaa, 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 Under Armour, you have until April 10, 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: 455026

IRVINE, CA / ACCESSWIRE / March 29, 2017 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit against AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) (NASDAQ: AFSI). Investors, who purchased or otherwise acquired shares between March 2, 2015 and March 16, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the May 1, 2017 lead plaintiff motion deadline.

If you purchased shares of AmTrust 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 27, 2017, the Company revealed that it “identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016, 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.” On March 16, 2017, AmTrust reported 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. When this information was revealed to the public, the stock price of AmTrust fell.

If you wish to learn more about this lawsuit, 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: 458462

Increases Efforts to Identify Strategic Recurring Revenue Fitness Company and Brand Targets;
Leverage Momentum of 2016 Business and Public Company Platform

LAKE FOREST, CA / ACCESSWIRE / March 29, 2017 / XFit Brands, Inc. OTCQB: XFTB, a global supplier of fitness, impact sports equipment, and sports surfaces whose brands include Throwdown, Transformations, EnviroTurf, and GlideBoxx, today announced that it is increasing its efforts to identify strategic recurring revenue fitness companies and brand targets.

“I am happy with the progress of the company in 2016. While the leadership team is focused on the core business, the BOD is increasing its efforts to identify and acquire key brands or companies which are fitness related. Although we have had numerous inquiries from interested parties, we are going to now proactively seek appropriate partners to leverage our base and drive shareholder value,” stated Ted Joiner, President of XFit Brands, Inc.

2016 was a year of great progress. XFit Brands, Inc. completed its first calendar year as a public company, grew the top line revenue, again, and expanded the depth and reach of the portfolio into functional fitness, while also improving gross margins. In addition, as a result of our success, we were able to restructure our PIMCO debt, deepen their equity position, eliminate toxic financing, and increase our daily trading volume. The company is also starting to gain some initial traction on the sports surfaces business and it anticipates closing on approximately $2.5M in revenue in the near term.

“In 2017, XFIT Brands will endeavour to leverage the momentum of 2016, build on its base and both identify and secure the right strategic acquisitions. By doing that, we would look to deploy the same roadmap implemented with our Chairman, Brent Willis’ other venture NASDAQ: NBEV by engaging a banker and uplisting to the NASDAQ or another senior exchange,” stated David E. Vautrin, BOD of XFit Brands, Inc.

Interested fitness industry candidates with at least $5M in Revenue should contact David E. Vautrin at Dave.Vautrin@XFitBrands.com.

About XFit Brands®

XFit Brands, Inc. is one of the leading suppliers of functional fitness brands, products, and equipment sold at retail and fitness outlets worldwide. The company provides a full portfolio of functional fitness products, Mixed Martial Arts gear, and other high and low impact fitness regimes, and owns the Throwdown® and XFIT Brands® trademarks registered in more than 30 countries for its Functional Fitness line and its MMA portfolio, Transformations® in programming and training, GlideBoxx® sports training system, and, now, EnviroTurf Sports Training Surfaces. The company’s portfolio of brands and products are sold in many countries around the world and supply many of the leading Gym and Fitness outlets throughout the United States. The Company’s websites are www.XfitBrands.com, www.Throwdown.com www.GlideBoxx.com, and www.EnviroTurfServices.com.

Safe Harbor Disclosure

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions 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. Forward-looking statements are any statement reflecting management’s current expectations regarding future results of operations, economic performance, financial condition and achievements of XFit, including statements regarding XFit’s expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. XFit Brands competes in a rapidly growing and transforming industry, and other factors disclosed in the Company’s filings with the Securities and Exchange Commission may affect the Company’s operations. Unless required by applicable law, XFit undertakes no obligation to update or revise any forward-looking statements.

For investor inquiries, please contact:

Scott Cameron
investorRelations@xfitbrands.com
(949) 916-9680

Websites:

www.XFitBrands.com
www.Throwdown.com
www.GlideBoxx.com
www.EnviroTurfServices.com

SOURCE: XFit Brands, Inc.

ReleaseID: 458464