Monthly Archives: April 2017

Pre season Check For All home owners Who Use discounted pre-season checks

D&M Service Company, Inc has updated its Pre-Season Check Up to provide Pre season Check to new customers and old. Further information can be found at http://louisvillehvacdm.com.

Louisville, United States – April 28, 2017 /PressCable/ —

D&M Service Company operating out of New Albany and Louisville is getting ready for their summer calls, and advises all customers to have their HVAC unit checked out prior to summer heat.

Louisville, KY 04/27/2017

Last year the region had record high temps that kept many area residents indoors. As the days get longer and hotter, more and more people will be turning on their A/C for the first time. During the winter months many systems become affected by the elements and need minor repairs or coolants added in order to work. D&M wants to remind area residents before the heat begins to have their units checked.

“We always try to be available for emergency calls, but that’s not affordable for most folks,” says owner Darrel. “In the summer months same day service is not always ‘naturally’ available, which is why we always try to remind our customers to get their checkups done early to avoid unnecessary costs or days without A/C.”

D&M Service Company, Inc. has remained in business, they believe, because of the many customer loyalty programs they have implemented such as discounts, free labor hours, and other ways of deducting costs for area residents. The business has been serving the Louisville and New Albany region for numerous years, trying to find a way to balance profit with customer care. They offer affordable purchase programs on new units, free estimates, and a 100% guarantee.

“I think we have always done well because we stayed true to ethics,” says Darrel. “All our employees are EPA certified, they are all covered by workman’s comp, and even our sales people are journeymen HVAC personnel. We do our best to bring experienced and valuable service to our customers.”

The company says that while they do try to keep their website up to date, not all of their promotions and discounts are listed. They advise people to call and ask about discounts on service or units.

Specifically, this update will deliver A way to help stretch family budgets to customers. D&M Service Company, Inc has been able to do this by putting the results of a recent customer survey into action.

To take full advantage of this new update and Pre season Check up, customers can visit the website at http://louisvillehvacdm.com for full details.

D&M Service Company, Inc is excited to unveil the latest benefit for current and new Pre-Season Check Up customers as it’s specifically designed to meet the needs of home owners.

D&M Service Company, Inc has made a point of listening to its customers and taking feedback wherever possible. They reportedly do this because their number one source of inspiration comes from conversations with the customers..

Having been in business now for 30 years, D&M Service Company, Inc strives to become the most trusted brand in the Hvac repair, service and maintenance market. This dedication has made them known among customers as a truly hard working company.

Interested parties who would like to be among the first to experience the Pre season Check up with D&M Service Company, Inc are encouraged to visit the website at http://louisvillehvacdm.com for full details and to get started.

Contact Info:
Name: Darrel
Organization: D&M Service Company, Inc
Address: 11152 Ballardsville Rd., Louisville, Kentucky 40241, United States
Phone: +1-502-429-5885

For more information, please visit http://louisvillehvacdm.com

Source: PressCable

Release ID: 191636

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of RetailMeNot, Inc. to Harland Clarke Holdings Corp. is Fair to Shareholders – SALE

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased RetailMeNot, Inc. (“RetailMeNot”) (NASDAQ: SALE) stock prior to April 11, 2017.

You are hereby notified that Levi & Korsinsky has commenced an investigation into the fairness of the sale of RetailMeNot to Harland Clarke Holdings Corp. for $11.60 in cash per share. To learn more about the action and your rights, go to: http://zlk.9nl.com/retailmenot, 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.

CONTACT:

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: 460999

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Paragon Commercial Corporation to TowneBank is Fair to Shareholders – PBNC

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Paragon Commercial Corporation (“Paragon”) (NASDAQ: PBNC) stock prior to April 26,
2017.

You are hereby notified that Levi & Korsinsky has commenced an investigation into the fairness of the sale of Paragon to TowneBank (NASDAQ: TOWN). Under the terms of the transaction, Paragon shareholders will receive 1.725 shares of TowneBank stock for each share of Paragon stock they own, representing an approximate value of $59.29 per share. To learn more about the action and your rights, go to: http://zlk.9nl.com/paragon-commercial-pbnc, 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.

CONTACT:

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: 460997

DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against SCYNEXIS, Inc. (SCYX) and Lead Plaintiff Deadline – May 8, 2017

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against SCYNEXIS, Inc. (“SCYNEXIS” or the “Company”) (NASDAQ: SCYX) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased SCYNEXIS securities: (1) pursuant or traceable to SCYNEXIS’s initial public offering on or about May 2, 2014; and/or (2) from May 2, 2014 through March 2, 2017, inclusive (the “Class Period”). Such investors are advised to join this case by visiting the firm’s site: http://www.bgandg.com/scyx.

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 misleading statements and/or failed to disclose that (1) SCYNEXIS’ lead product, SCY-078, entailed substantial undisclosed health and safety risks; (2) as a result, SCYNEXIS had overstated the drug’s approval prospectus and/or commercial viability; and (3) consequently, SCYNEXIS’ public statements were materially false and misleading at all relevant times.

On March 2, 2017, after-market hours, Scynexis revealed that the U.S. Food and Drug Administration (“FDA”) has placed a clinical hold on clinical trials for the intravenous formulation of its lead product candidate, SCY-078, “until the FDA completes a review of all available pre-clinical and clinical data.” Scynexis encouraged investors that “[t]he clinical hold decision was issued by the FDA following a review of three mild-to-moderate thrombotic events in healthy volunteers receiving the IV formulation of SCY-078 at the highest doses and highest concentrations in a Phase 1 study.” Following this news, Scynexis stock dropped $0.57 per share, or over 17%, to close at $2.70 per share on March 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/scyx, 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 SCYNEXIS, you have until May 8, 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: 457255

Consumers Can Now Enjoy New Showroom from Louisville Cabinets & Countertops, LLC

Louisville Cabinets & Countertops, LLC has updated its New Showroom to provide New Showroom to new customers and old. Further information can be found at http://louisvillecabinetsandcountertops.com.

Louisville, United States – April 28, 2017 /PressCable/ —

Louisville Cabinets & Countertops is a locally owned and operated business offering custom and stock cabinetry and countertops at affordable prices. Their new showroom opened on 04-27-2017

Kitchen and bath remodeling is one of the best known ways to update a home. New cabinets can make a home look brand new. Louisville Cabinets & Countertops brings decades of installation expertise to each customer. The company works with over 50 styles of all wood cabinetry and will also create custom cabinets per the customer’s needs and wants. Recently, the business opened a new showroom where their customers can view styles of countertops and cabinets up close.

“We’re excited to open the new showroom,” says Tim, owner. “People will come to us with magazines or photos of what they think they want, but when they see some of these styles up close that changes. Cabinets and countertops are a significant investment so we want people to see them up close before they commit to that much money to their decision.”

In addition to the 50 different styles of wood cabinetry, they also offer both laminate and granite countertops to provide maximum affordability and variety for their clients. They boast over 250 different laminate colors by Wilsonart and Formica. “Our goal is variety and affordability,” says Tim. “We want to be the cabinet and countertop company for everyone.”

The company offers same day, free estimates on all work, as well as, a two week turnaround time on installation.

To the delight of many, people who are serious about their kitchens, looking for New Showrooms

can now take advantage of the new offering from Louisville Cabinets & Countertops, LLC as it the release is now officially announced.

This update delivers a completely new way of seeing the products to customers, interested parties and those active within the cabinets and countertops arena. Louisville Cabinets & Countertops, LLC has been able to do this by putting the results of a recent customer survey into action.

Louisville Cabinets & Countertops, LLC is excited to unveil the latest benefit for current and new New Showroom customers as it’s specifically designed to improve the experience and better fulfil the needs of Consumers.

Louisville Cabinets & Countertops, LLC has made a point of listening to its customers and taking feedback wherever possible. They reportedly do this because the customer makes the business viable.

Louisville Cabinets & Countertops, LLC has made it part of its mission to become the most trusted brand in the cabinets and countertops market. The business is known as a truly hard working company amongst fans and customers, which Tim is immensely proud of, with the business being operational now for 21 years.

Interested parties who would like to be among the first to experience the New Showroom with Louisville Cabinets & Countertops, LLC are encouraged to visit the website at http://louisvillecabinetsandcountertops.com for full details and to get started.

Contact Info:
Name: Tim Montgomery
Organization: Louisville Cabinets & Countertops, LLC
Address: 6200 North Hitt Lane, Louisville, Kentucky 40241, United States

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

Source: PressCable

Release ID: 191621

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Desarrolladora Homex, S.A.B. de C.V. (HXM, DHOXQ, DHOXY) and Lead Plaintiff Deadline – May 15, 2017

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Desarrolladora Homex, S.A.B. de C.V. (“Homex” or the “Company”) (OTC PINK: DHHXF) (formerly NYSE: HXM; formerly OTCMKTS: DHOXQ; formerly OTCMKTS: DHOXY) and certain of its officers, on behalf of shareholders who purchased Homex American Depositary Shares between April 30, 2012 and May 5, 2016, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/hxm.

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 misleading statements and failed to disclose that: (1) between 2010 and 2013, Homex overstated its revenue by 355%, or roughly $3.3 billion, by reporting fictitious sales of more than 100,000 homes; (2) between 2010 and 2013, Homex overstated the number of units it sold by over 100,000 units, or 317%, of actual units sold; (3) Homex and certain of its Headquarters Financial Reporting Personnel knowingly and intentionally engaged in a scheme to materially overstate Homex’s revenues, homes sold, and other related financial items; and (4) consequently, defendants’ statements about Homex’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times.

On March 3, 2017, Homex decided to resolve its charges with the U.S. Securities and Exchange Commission (“SEC”) for allegedly reporting $3.3 billion in deceitful sales revenue to boost its revenues in financial statements between 2010 and 2013. The SEC’s complaint alleges that during a three-year period, Homex exaggerated its revenue by 355%, or about $3.3 billion, by reporting fabricated sales of more than 100,000 homes, thereby four times inflating the numbers of homes actually sold. The SEC’s complaint also alleges that “Homex’s Headquarters Financial Reporting Personnel intentionally and knowingly uploaded false information into the Company’s internal reporting and accounting systems in order to perpetrate the fictitious revenue scheme.”

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/hxm, 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 Homex, you have until May 15, 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: 457271

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Citizens, Inc. (CIA) and Lead Plaintiff Deadline: May 15, 2017

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Citizens, Inc. (“Citizens” or the “Company”) (NYSE: CIA) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased Citizens securities between March 11, 2015 through March 8, 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/cia.

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) Citizens’ brokers and pitchbooks falsely claimed that most of the funds from its insurance policies were directly invested in U.S. Treasury Bond; (2) funds from Citizens’ insurance policies were funneled into continuous open market purchases that inflated Citizens’ stock price; and (3) consequently, defendants’ statements about Citizens’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On March 8, 2017, Seeking Alpha published a report alleging that although Citizen’s promises of “outsized ‘guaranteed’ returns backed by U..S. Treasury bonds,” the company’s funds are “not invested in U.S. Treasuries and [Citizen’s] policies appear designed to prop up Citizen’s stock price.” The article continued, “[b]ecause most of the [Company’s] returns to existing policyholders are driven by funds contributed by new policyholders, Citizens displays some characteristics that appear analogous to a Ponzi scheme.” Following this news, Citizens stock dropped $0.45 per share, or over 5%, over the next two trading days to close at $8.00 per share on March 9, 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/cia, 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 15, 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: 457637

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Kandi Technologies Group, Inc. (KNDI) and Lead Plaintiff Deadline: May 15, 2017

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ: KNDI) and certain of its officers, on behalf of shareholders who purchased Kandi securities between November 15, 2013 through March 13, 2017, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/kndi.

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 materially false and misleading statements and failed to disclose that: (1) certain areas in Kandi’s previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016 required adjustment; (2) as a result, Kandi lacked effective controls over financial reporting; and (3) consequently, defendants’ statements about Kandi’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On November 14, 2016, Kandi announced that its Chief Financial Officer (“CFO”), Wang Chen, resigned from his position to become Chief Strategy Officer, and that Mei Bing was appointed Kandi’s new CFO. Following this news, Kandi stock dropped $0.40, or 10.26%, to close at $3.50 on November 14, 2016.

On March 13, 2017, after-market hours, Kandi revealed that it will restate “the Company’s previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016,” and that former statements should no longer be relied upon. Following this news, Kandi stock dropped $0.30 per share, or about 7%, to close at $4.05 per share on March 14, 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/kndi, 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 Kandi, you have until May 15, 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: 457409

Men’s Closet in Orlando Opens New Location on the East Side of Orlando

The Family Owned and Operated Clothing Store Carries a Number of Exclusive Brands Including Nike, Jordan, Adidas, and More

ORLANDO, FL / ACCESSWIRE / April 28, 2017 / The founders of Men’s Closet, a family owned corporation in Orlando, Florida, are pleased to announce that they have opened a second location on the East side of the city. The newest store is located at 11794 E. Colonial Drive.

To check out the clothes and variety of brands that the Jordan store in Orlando carries, as well as learn more about Men’s Closet, please visit http://instagram.com/MensCloset407.

As a company spokesperson noted, Men’s Closet Orlando has always strived to carry the highest quality and exclusive brands of clothing, footwear, accessories, and more, including Nike, Jordan, Adidas, and many others. As the photos on the Men’s Closet Instagram page note, the store also keeps their valued customers up to date on when the newest Jordan shoes and other clothing will be available.

In addition to Nike and Jordan, Men’s Closet also offers other popular brands including True Religion, Robins Jeans, Lacoste, and many more.

In order to make shopping for great clothing and shoes as convenient as possible, the founders were inspired to open the second Men’s Closet locations in Orlando. In addition to the new store on the East side, the West Orlando Men’s Closet is located on West Colonial Drive. In both stores, customers will find a wide selection of name brands at great prices, along with a friendly staff who is devoted to helping their customers find what they are looking for.

For people who are not in the Orlando, Florida area, Men’s Closet Orlando also has an online store, where shoppers can purchase great shirts, pants, hats, and more. The website features color photos of all of the available clothing, as well as details about sizes, colors, and other options.

To watch a short video on YouTube about Men’s Closet and see some of the stylish clothing that they offer, please check out:
https://www.youtube.com/watch?v=c1eVMlP7kd8.

About Men’s Closet:

Men’s Closet Orlando is the number one men’s footwear and clothing store in central Florida. They are a family owned corporation founded in Orlando, FL. They carry the most exclusive brands in footwear and clothing, including Nike, Jordan, Adidas, Robins Jeans, Embellish, Akoo, and many more. With two locations in Orlando, Florida, they make it easy for guys to stay fresh and up to date. For more information, please visit http://mensclosetclothing.com.

Men’s Closet locations:

5510 W. Colonial Dr.
Orlando, FL 32808
(407) 578 4878

11794 E. Colonial Dr.
Orlando, FL 32817
(407) 275 1714

Contact:

Cory Fisher
web@mensclosetclothing.com
407-578-4878

SOURCE Men’s Closet

ReleaseID: 460994

DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Platinum Pari-Mutuel Holdings Inc. (PPMH) and Lead Plaintiff Deadline: May 2, 2017

NEW YORK, NY / ACCESSWIRE / April 28, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Platinum Pari-Mutuel Holdings Inc. (“Platinum” or the “Company”) (OTC PINK: PPMH) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased Platinum securities between July 12, 2016 and February 15, 2017, both dates inclusive (the “Class Period”). Such investors are advised to join this case by visiting the firm’s site: http://www.bgandg.com/ppmh.

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, 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) Platinum’s press releases and financial information lacked validity; (2) Platinum’s disclosure controls and procedures were inadequate; and (3) consequently, Defendants’ public statements were materially false and misleading at all relevant times.

On February 16, 2017, the Securities and Exchange Commission (the SEC) suspended Platinum Pari-Mutuel securities from trading due to questions about the accuracy and adequacy of Platinum’s press releases, since at least July 2016, and the financial information Platinum provided to the public. The SEC specified that those questions regard the valuation of recent corporate acquisitions and forecasts for future revenues.

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/ppmh, 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 Platinum, you have until May 2, 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: 460678