LOS ANGELES, CA / ACCESSWIRE / May 30, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Dick’s Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS) concerning possible violations of federal securities laws between March 7, 2017 and May 15, 2017, inclusive (the “Class Period”). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the firm prior to the July 17, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may choose to do nothing and be an absent class member as well.

According to the Complaint, throughout the Class Period, Dick’s made false and/or misleading statements and/or failed to disclose: that the Company overstated its adjusted EBITDA amounts; that Dick’s lacked effective internal controls; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times.

On May 12, 2017, Dick’s issued a Current Report filed on Form 8-K/A with the SEC, reporting that a “computation error resulted in a $23.4 million overstatement of Adjusted EBITDA amounts for both the 13 weeks and 52 weeks ended January 28, 2017.” Upon release of this news, Dick’s share price fell $2.62, or 5.22%, over the following two trading days.

On May 16, 2017, Dick’s announced that sales at its existing stores in the first quarter of 2016 fell short of forecasts and advised investors that the Company planned to scale back new store openings in 2018 and 2019. Upon release of this news, Dick’s stock price dropped materially, which harmed investors according to the Complaint.

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 certain jurisdictions under the applicable law and ethics 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: 464470

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Sunrun Inc. (“Sunrun” or the “Company”) (NASDAQ: RUN). Investors, who purchased or otherwise acquired shares between September 16, 2015 and May 2, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm before the July 3, 2017 lead plaintiff motion deadline.

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

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

The Complaint alleges that during the Class Period, Sunrun made false and/or misleading statements and/or failed to disclose that: the Company failed to adequately disclose how many customers canceled contracts after signing up for its home-solar energy system; that discovery of such conduct would subject the Company to heightened regulatory scrutiny and potential civil sanctions; and that as a result of the above, Sunrun’s public statements were materially false and misleading at all relevant times. On May 3, 2017, The Wall Street Journal reported that Sunrun was the subject of a U.S. Securities and Exchange Commission (“SEC”) probe and according to a person familiar with the investigation, “[t]he SEC recently issued a subpoena to Sunrun and interviewed current and former employees about the adequacy of its disclosures on account cancellations.” Upon release of this information, Sunrun’s stock price lowered significantly, which harmed investors according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

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

SOURCE: Khang & Khang LLP

ReleaseID: 464475

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR). Investors, who purchased or otherwise acquired shares between December 6, 2016 and April 26, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm before the June 30, 2017 lead plaintiff motion deadline.

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

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

The Complaint alleges that during the Class Period, Synchronoss made false and/or misleading statements and/or failed to disclose: that the Company would not be able to meet the revenue guidance provided to investors; that Synchronoss needed to revise its prior guidance; and that as a result of the above, the Company’s statements about its business, operations, and prospects were materially false and misleading, and/or lacked a reasonable basis, at all relevant times. Following this news, Synchronoss’ share price decreased materially, which caused investors harm according to the Complaint.

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 at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

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

SOURCE: Khang & Khang LLP

ReleaseID: 464474

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Lion Biotechnologies, Inc. (“Lion” or the “Company”) (NASDAQ: LBIO). Investors, who purchased or otherwise acquired shares between November 14, 2013 and April 10, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the June 13, 2017 lead plaintiff motion deadline.

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

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

The Complaint alleges that throughout the Class Period, Lion made false and/or misleading statements and/or failed to disclose: that the Company, through its former Chief Executive Officer (“CEO”), Manish Singh, engaged in a scheme to mislead investors by commissioning over 10 internet publications and 20 widely distributed emails promoting Lion to potential investors that purported to be independent from the company when, in fact, they were paid promotions; that former CEO Singh engaged a notorious stock promotion firm to pay writers to publish articles about the Company on investment websites and to coordinate the distribution of articles to thousands of electronic mailboxes; that former CEO Singh actively participated in the promotional work for Lion and understood that the promotion firm was using writers who would not disclose that Lion was indirectly compensating them for their publications; and that as a result of the above, Lion’s public statements were materially false and misleading at all relevant times. Following this news, Lion’s stock price dropped significantly, which harmed investors according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone at (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

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

SOURCE: Khang & Khang LLP

ReleaseID: 464472

LOS ANGELES, CA / ACCESSWIRE / May 30, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Vince Holding Corp. (“Vince” or the “Company”) (NYSE: VNCE) for possible violations of federal securities laws between December 8, 2016 and April 27, 2017, inclusive (the “Class Period”). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the firm prior to the July
5, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may choose to do nothing and be an absent class member as well.

According to the Complaint, throughout the Class Period, Vince made false and/or misleading statements and/or failed to disclose that during the transition from legacy Kellwood systems, the Company experienced issues related to integrating its new enterprise resource planning systems; and thus, Vince’s statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On April 28, 2017, Vince disclosed that “[r]esults for the fourth quarter came in below our expectations, due primarily to challenges related to our systems conversion.” That same day, the Company’s CEO, Brendan Hoffman, stated during an earnings call that “a lot of the constraint was due to our systems in last three-months not getting a little bit more product out there.” On that same call, CFO, David Stefko, stated that “our fourth quarter topline sales results did not meet our expectations, primarily due to the challenges we encountered as a result of our complex systems conversion.” When this news was announced, the Company’s stock price dropped materially, which harmed investors according to the Complaint

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 certain jurisdictions under the applicable law and ethics 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: 464471

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against BofI Holding, Inc. (“BofI Holding” or the “Company”) (NASDAQ: BOFI). Investors, who purchased or otherwise acquired shares between April 28, 2016 and March 30, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm by the June 2, 2017 lead plaintiff motion deadline.

If you purchased BofI shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone at (949) 419-3834, or by 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.

The Complaint alleges that during the Class Period, BofI made false and/or misleading statements and/or failed to disclose that it was engaged in unlawful conduct which could subject the Company to heightened regulatory scrutiny and potential criminal sanctions; and that as a result, BofI’s public statements were materially false and misleading at all relevant times. On March 31, 2017, the New York Post published an article disclosing that BofI was the subject of a probe for possible money laundering, led by the Justice Department and involving the Securities & Exchange Commission and the Treasury Department. When this news was released, BofI’s stock price dropped materially, which harmed investors according to the Complaint.

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, Esq., a prominent litigator for almost two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

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

SOURCE: Khang & Khang LLP

ReleaseID: 464465

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Citizens Financial Group, Inc. (“Citizens Financial” or the “Company”) (NYSE: CFG). Investors, who purchased or otherwise acquired shares between March 18, 2016 and March 29, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm before the June 26, 2017 lead plaintiff motion deadline.

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

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

According to the Complaint, throughout the Class Period, Citizens Financial made false and/or misleading statements and/or failed to disclose that: the Company’s employees were falsifying information related to the Citizens Checkup program; that the Company’s reported Citizens Checkup figures were exaggerated; and that as a result of the above, Citizens Financial’s statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. On March 29, 2017, the Wall Street Journal reported that certain Citizens Financial employees acknowledged that employees faked “financial checkup” meetings with customers. Citizens Financial stated that the “Citizens Checkup” program resulted in 400,000 scheduled appointments in 2016, but the report stated that former employees said they falsified information due to the Company’s pressure to meet certain program expectations. Upon release of this information, the Company’s stock price fell materially, which harmed investors according to the Complaint.

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 at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

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

SOURCE: Khang & Khang LLP

ReleaseID: 464468

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Catalyst Hedged Futures Strategy Fund (“Catalyst” or the “Fund”) (NASDAQ: HFXAX, NASDAQ: HFXCX, NASDAQ: HFXIX). Investors, who purchased or otherwise acquired shares between November 1, 2014 and April 28, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the June 27, 2017 lead plaintiff motion deadline.

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

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

According to the Complaint, during the Class Period, Catalyst violated federal securities laws by making materially false and/or misleading public statements and/or failing to disclose material information. The Fund stated in its Prospectuses, that its objective is “capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the US equity market.” It was eventually revealed that Catalyst made a directional bet that the general equity market would not rise significantly in value in the form of massive option contracts that effectively “shorted” the S&P 500. As these undisclosed risks materialized, the Fund’s investors lost hundreds of millions of dollars. Between February 2, 2017 and March 15, 2017, the Net Asset Value of Catalyst’s Class A shares, Class C shares and Class I shares dropped approximately 21%.

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, Esq.,a prominent litigator for almost two decades, by telephone at (949) 419-3834, or by 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: 464464

CALGARY, ALBERTA / ACCESSWIRE / May 30, 2017 / Imaging Dynamics Company Ltd. (“IDC” or the “Company”) (TSX-V: IDL) reports its financial results for the March 31, 2017 fiscal year-end.

First Quarter 2017 Results:

Gross revenues for the three months ended March 31, 2017 increased by 19 percent compared to the same period in 2016.
Gross margin for the three months ended March 31, 2017 was $205,866 (21 percent), compared to $244,194 (29 percent) for the same period in 2016.
Overhead costs (sales, general and administrative, production and manufacturing, and research and development expenses) were $2,046,772 for the three months ended March 31, 2017, up from $1,242,570, during the same period in 2016.
Net loss for the three months ended March 31, 2017 was $2,507,580 ($0.04 per share), compared to a net loss of $1,295,582 ($0.02 per share) in the same period of 2016 on a post-consolidated basis.
Trade and other receivables increased to $5,011,802 at the end of March 31, 2017 from $4,842,506 at December 31, 2016.
Trade and other payables increased from $4,311,686 at December 31, 2016 to $4,416,353 at March 31, 2017.

IDC (Guangzhou) Ltd.:

On April 10, 2017, the Company closed on the acquisition of 51% of the common shares of Guangzhou Service Medical Tech. Ltd. Co. (“Guangzhou Service”), a Chinese company for an equivalent $98,635 (510,000 CNY). Guangzhou Service is a Chinese Company that will provide servicing of equipment in the medical device industry. The name of this subsidiary has been changed from Guangzhou Service to IDC (Guangzhou) Ltd.

A conference call to discuss the quarter’s results is not planned at this time. The Company’s annual consolidated financial statements for the year ended December 31, 2016 and the related management discussion and analysis are available on Sedar.com.

About Imaging Dynamics Company (IDC):

IDC is a global medical imaging technology provider and innovative force in the high growth field of digital radiography (DR) technology.

The Company has thousands of installations in 50 countries of its proprietary, award winning direct capture DR technology, which replaces conventional film-based diagnostic imaging and provides a cost-effective solution for medical facilities of all sizes to provide high quality diagnostic X-ray images and improve the level of healthcare for their patients.

Throughout its history, IDC has been recognized by multiple industry organizations and research analysts, such as Frost & Sullivan and Deloitte Technology, for its dedication to innovation, global market growth, and customer focused value proposition.

The Company has its corporate office in Calgary, Canada, a sales and marketing office in Beijing, China, and also operations, research and development centers in Calgary, Canada and Shanghai, China.

Visit the IDC web site: www.imagingdynamics.com

For more information, please contact:

Mr. Eugene Woychyshyn
Chief Financial Officer
1.403.251.9939 Office
1.866.975.6737 Toll Free
ewoychyshyn@imagingdynamics.com

Statements in this release which describe IDC’s intentions, expectations or predictions, or which relate to matters that are not historical facts are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of IDC to be materially different from any future results, performances or achievements expressed in or implied by such forward-looking statements. IDC may update or revise any forward-looking statements, whether as a result of new information, future events or changing market and business conditions. Known and unknown risks and uncertainties include: IDC’s ability to manufacture its products with a sufficient level of quality and in volumes which satisfy market demand; the ability of IDC to establish direct and indirect sales channels; the ability of IDC to establish industry partnerships; IDC’s ability to attract and retain key personnel; the strength and breadth of IDC’s patents; and other factors relating to general economic conditions, specific industry conditions and IDC’s particular situation.

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

SOURCE: Imaging Dynamics Company Ltd.

ReleaseID: 464466

IRVINE, CA / ACCESSWIRE / May 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE: OCN). Investors, who purchased or otherwise acquired shares between May 11, 2015 and April 19, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the June 20, 2017 lead plaintiff motion deadline.

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

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

The Complaint alleges that throughout the Class Period, Ocwen made false and/or misleading statements and/or failed to disclose: that the Company engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process; that this conduct would subject Ocwen to heightened regulatory scrutiny and potential criminal sanctions; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On April 20, 2017, the Consumer Financial Protection Bureau announced that it was suing Ocwen, and several states issued cease-and-desist orders against the Company. Following this news, Ocwen’s stock price fell materially, which caused investors harm according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for nearly two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

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

SOURCE: Khang & Khang LLP

ReleaseID: 464463