Monthly Archives: June 2017

Marcus Hiles Examines Seven Texas Cities Stand Among Strongest Rental Markets in Nation

DALLAS, TX / ACCESSWIRE / June 30, 2017 / With statistics from the American Community Survey, an ongoing collection of housing, income, and employment data by the U.S. Census Bureau, a popular realty site has published a list noting the 50 top rental markets in the country. Not surprising to Marcus Hiles, founder of Western Rim Property Services and leading provider of rental communities in Texas, seven cities from the Lone Star State appeared on the list. Hiles commended the willingness of other developers in the state to adapt to the changing demands of millenials and aging boomers while maintaining rates that consistently remain more affordable than owning and managing a house.

Ranking highest among the Texas cities was Austin, which was also reported by Forbes as the second best metro in America to invest in rental properties. The other cities making the list were, in descending order, Fort Worth, Corpus Christi, Houston, Arlington, Dallas, and San Antonio. Marcus Hiles noted that the Dallas/Fort Worth region continues to boast one of the strongest rental real estate markets in the country, with three areas within the metro being included in the rankings. Citing a recent report that predicted the region’s housing prices – already at an average cost of $233,000 – to rise an additional 31 percent by 2020, Hiles stated that renting has simply become the more logical financial option in this area. In addition, the trend of developers like Western Rim shifting their focus from traditional, bland apartment complexes to building spacious single-family communities equipped with comprehensive, state of the art amenities and lifestyle services is bringing new appeal to a resurging rental market.

The community model established by Hiles has resulted in the largest surge in renters over any ten-year span on record, with the Wall Street Journal reporting that the number of households increased nationally by 9 million between 2005 and 2015. Crucial to the business concept are acquiring locations near quality school districts and thriving metropolitan areas, and including amenities packages and perks that exceed those offered by high-end apartment complexes. The goal, explained Hiles, is to attract young professionals, families and adults who seek a higher quality and greater convenience of life, yet wish to retain financial freedom.

Marcus Hiles is a renowned real estate developer and investor dedicated to creating meaningful communities throughout the state of Texas. A graduate of Rice University, Hiles recognized early in his career an unmet demand for affordable luxury properties, and founded Western Rim Property Services. Today, the company owns and manages over 15,000 upmarket residential rental properties, with more in development. With the desire to better the lives of others at the heart of each venture, Hiles’ properties often feature stunning private lakes, large parks, private vineyards, and championship golf courses.

Marcus Hiles – Chairman & CEO of Western Rim Property Services:

Marcus D Hiles Founder Of Texas based Western Rim Property Services:

Marcus Hiles (@marcus.hiles) – Instagram photos and videos:

Contact Information

SOURCE: Marcus Hiles

ReleaseID: 467210

Cultureowl Expends its Partnerships – This Week Things to Do In Miami Report

CultureOwl® is dedicated to South Florida’s rich cultural tapestry. Every week, we gather a round of events and things to do in Miami, South Florida, to expose the public to all interesting happenings. For this week (07/03/2017 – 07/09/2017), CultureOwl highlights the following events:

Cultureowl Expends its Partnerships – This Week Things to Do In Miami Report

Aventura, United States – June 30, 2017 /NewsNetwork/

Miami, Florida, Thursday June 30th, 2017

CultureOwl the the richest digital culture guide of South Florida announced it new partnerships with some of the top Dining Places in Miami

• Cibo Wine Bar Coral Gables Cibo Wine Bar is an Italian eatery and wine bar, offering traditional Italian fare in a relaxed and welcoming atmosphere. It stands out with authentic and rustic Italian flare, attracting locals and tourists to the popular Miracle Mile.

• Tony Chan’s Water Club The authentic Chinese restaurant quickly turned into a favorite dining place with its “romantic waterfront” views where “delicious Peking duck” and other dishes are “fresh as home cooking”. The versatile menu of the restaurant is designed to satisfy every member of the family.

• NOVECENTO BRICKELL The menu at Novecento offers a refined co-existence of Argentine, Mediterranean and Pan Latin cuisines. Making a name for itself with its Latin American comfort food catering to the neighbourhood clientele, Novicento quickly became an inseparable part of the dining habits of the locals.

• The Dutch Miami The Dutch Miami is an American Restaurant, Bar and Oyster Room where you can find Chef Andrew Carmellini’s celebratory dry-aged steak, deluxe shellfish platter, or a big round of award-winning cocktails. The place also offers fresh pastries and gourmet coffee to go from Pastry Chef Josh Gripper’s bakery counter.

CultureOwl® is dedicated to the rich cultural tapestry of South Florida. Every week, the team of CultureOwl gathers a round of events and things to do in Miami, South Florida, to expose the public to all interesting happenings. For this week (07/03/2017 – 07/09/2017), CultureOwl highlights the following events:

• Join Thriller Miami Speedboats for 4th of JULY Fireworks Celebration! [Tue 07/04] This 4th of July, the people of Miami will have the chance to experience the spectacular firework show aboard Thriller Miami Speedboats. The boarding will begin at 8:00PM local time from Bayside Marketplace, 401 Biscayne Blvd. Miami, FL 33132.

• Incubus with special guests Jimmy Eat World [Thu 07/06] Multi-platinum American rock band Incubus, who rose in stardom in the 1990s with staple albums like “Make Yourself” (1999), will perform on July 6th at Perfect Vodka Amphitheatre. Special guests will be two other recognizable names in the popular rock music scene – Jimmy Eat World and Judah & The Lion. The show starts at 5:30PM.

• The Boss Project [Fri 07/07] The Boss Project will celebrate the timeless legacy of rock legend Bruce Springsteen and his E-Street band on Friday, July 7th at Boca Black Box Theatre, starting 8:00PM local time. The acclaimed tribute band will go through his massive catalog and perform hits like “Born to Run,” “Thunder Road” and “Jungleland,” not missing the “Glory Days” of the 1980s and beyond, with “Born in the U.S.A.,” “Hungry Heart,” “Dancing in the Dark” and more.

• Rum, Rhythm & Rumba [Sat 07/08] Saturday, July 8th, Old School Square invites everyone for a night of dancing and craft cocktails. The 2nd event in the Sizzlin’ Summer Social Series will feature professional dancers from the new Fred Astaire Dance Studio in Delray Beach who will demonstrate dances and teach attendees a few steps. The event starts at 8:00PM local time at the Fieldhouse in Delray Beach.

Other events, highlighted by CultureOwl • On Friday, July 7th, Boca Raton Museum of Art will present the movie From Nothing, Something (2012, NR) – a movie following common techniques, habits and neuroses that lead to breakthrough ideas. • Actors’ Playhouse at the Miracle Theatre will screen the iconic movie The Big Lebowski on Saturday (July 8th at 10:00PM. • On Saturday, July 8th, Coral Gables Museum invites families for a Family Day Saturday event, featuring a kid-friendly exhibit tour and book reading.

About Culture Owl: CultureOwl established itself as the richest digital culture guide of South Florida, offering customizable interface that keeps track of the interests of the users. On the digital pages of CultureOwl, the audience can check South Florida’s cultural calendar, presenting events of all sizes and types, including concerts, theatrical performances, movie premieres, art exhibitions and gallery openings. The ultimate mission of CultureOwl is to help people experience culture their own way.

(PR By MullerAndGreen)

Contact Info:
Name: Culture Owl
Organization: Culture Owl
Address: 21355 E Dixie Hwy Ste 106, Aventura, Florida 33180 , United States

For more information, please visit

Source: NewsNetwork

Release ID: 212733

Insignia Systems, Inc. Announces Jeffrey Jagerson as Chief Financial Officer

MINNEAPOLIS, MN / ACCESSWIRE / June 30, 2017 / Insignia Systems, Inc. (NASDAQ: ISIG) (“Insignia” or the “Company”) today announced that Jeffrey Jagerson will be joining Insignia as Chief Financial Officer, effective July 17, 2017. Mr. Jagerson brings with him 29 years of finance experience, including leadership positions at Christensen Farms, Digital River, and ADC. Kristine Glancy, President and Chief Executive Officer, commented, “Jeffrey is a key addition to our leadership team, as he brings a proven record of financial and organizational leadership in dynamic work environments. He has wide respect as a finance and business executive who has not only led finance organizations, but has also served in broader commercial and operational roles. We look forward to his leadership, as we continue to build our product portfolio and expand our base of customers.”

“I am excited to join a very passionate and talented team focused on growing the Company while differentiating itself in the industry,” said Jeffrey Jagerson. “The Company has a great reputation and solid foundation to build upon.”

Mr. Jagerson earned a Bachelor’s Degree in Accounting from Minnesota State University, Mankato and an MBA from the Carlson School of Business at the University of Minnesota.

About Insignia Systems, Inc.

Insignia Systems, Inc. markets in-store advertising products, programs and services primarily to consumer packaged goods manufacturers. Insignia provides at-shelf media solutions in approximately 13,000 retail supermarkets, 1,000 mass merchants, and 8,000 dollar stores. With a client list of over 200 major consumer goods manufacturers, including General Mills, Kraft Heinz Company, Nestlé, and P&G, Insignia helps major brands deliver on their key engagement, promotion, and advertising objectives right at the point-of-purchase. For additional information, contact (888) 474-7677, or visit the Insignia website at Investor inquiries can be submitted to


Insignia Systems, Inc.
Kristine Glancy, CEO
(763) 392-6200

SOURCE: Insignia Systems, Inc.

ReleaseID: 467233

Marcus Hiles Encourages Texans to Aim for Top-Notch Amenities and Upscale Living

DALLAS, TX / ACCESSWIRE / June 30, 2017 / Dallas, to the outside eye, might not seem as a place that has noticeable similarities with New York and Los Angeles, except for its sprawl and status among the ten largest American cities. Yet, Texas real estate developer Marcus Hiles notes, “When you dig a little deeper, it turns out that all three locales have more renters than homeowners.” In fact, 55.9 percent of Dallas households live in rental housing. Across the country, Americans are increasingly choosing tenancy over home ownership, with the population of renters expected to grow by at least a half million each year through 2023. Contrary to common wisdom, homeowners’ housing expenditures far exceed that paid by renters. While the annual cost of rent may outpace total house payments for the year, buyers are saddled with maintenance expenses and higher utility payments – making the rental lifestyle even more attractive.

Marcus Hiles, Chairman and CEO of Western Rim Property Services, urges Dallas tenants to get the most value out of their housing dollars by searching out communities that offer resort-like amenities. “There’s no need to feel suffocated in a boxy apartment complex when you can thrive in surroundings that reflect the lifestyle you envision,” he states. Hiles encourages potential renters to prioritize services and facilities that match their interests. Animal owners could discover properties that offer a private off-leash dog park, convenient waste stations, and nearby pet-sitting services, veterinarians, and groomers. “Families with children should find developments located in superior school districts, and that provide on-property parks, playgrounds, and activity areas,” Hiles notes. Similarly, avid golfers could move into communities that include nearby course privileges and have stunning golf course views, while fitness buffs might select properties with state-of-the-art fitness centers, ready access to personal trainers, and jogging trails.

Hiles’ sage advice comes from expertise in building rental properties that embody luxury living. “When renters choose to live in communities that align with their lifestyles, they achieve a greater work-life balance,” he states. That equilibrium is particularly important given that a third of apartment dwellers are between the ages of 30 and 44 – the prime of their careers – and another 30 percent are between 45 and 64 years old. Hiles’ ability to design apartments that deliver resort-like amenities while maintaining an enviable commute distance ensures that Dallas will continue to trend toward renting over home ownership.

Marcus Hiles came from humble beginnings as the son of an inner city minister, and holds degrees from Rice and Pepperdine Universities. Hiles’ upbringing fueled his commitment to those less fortunate, and his generous donations help programs for schoolchildren, disadvantaged women, and children’s hospitals. In 1990, he founded Western Rim Property Services, which since 2012 has been awarded a Top 5 company score for residential communities for four consecutive years by SatisFact, the industry standard in resident survey-based quality ratings.

Marcus Hiles – Chairman & CEO of Western Rim Property Services:

Marcus D Hiles Founder Of Texas based Western Rim Property Services:

Marcus Hiles (@marcus.hiles) – Instagram photos and videos:

Contact Information

SOURCE: Marcus Hiles

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MagForce AG Publishes Financial Results for the Year 2016 and Operative Highlights

– Continued Expansion of Commercialization of NanoTherm Therapy for the Treatment of Brain Tumors in Europe; Obtaining Domestic Reimbursement Ahead and Streamlined Implementation of Cross-Border Process
– Second Clinical Treatment Site for the Treatment of Intermediate Prostate Cancer in the US Established at CHRISTUS Santa Rosa Hospital – Medical Center in San Antonio, Texas; IDE Approval Process with the FDA Progressing
– Successful Capital Increase with Renowned UK-Based M&G International Investments with Gross Proceeds of EUR 5.0 Million Mainly to Accelerate the On-Going International Expansion (After Period-End)

BERLIN, GERMANY and NEVADA / ACCESSWIRE / June 30, 2017 / MagForce AG (FRA: MF6, Scale: MF6, XETRA: MF6, ISIN: DE000A0HGQF5), a leading medical device company in the field of nanomedicine focused on oncology, published today its financial results as of and for the year ended December 31, 2016 as well as operative highlights.

Operative Highlights:

Treatment of Brain Cancer in Europe:

MagForce AG is continuing to expand the commercialization of its innovative NanoTherm therapy for the treatment of brain cancer in Europe. In their quest to improve patient care, the neurosurgeons applying NanoTherm therapy for the treatment of brain tumors continue to find additional medical benefits when NanoTherm therapy is incorporated into their primary treatment regimen.

MagForce presented at many renowned conferences and congresses, which increases the awareness of its unique therapy within the main target groups, such as the medical community, patient advocacy groups, patients, their relatives, and caregivers. The Company is also increasingly receiving positive feedback from patients regarding their experiences with the NanoTherm therapy.

During 2016, MagForce has streamlined the implementation of the cross-border reimbursement process, however, due to the aggressiveness of glioblastoma, there is a limited time interval to achieve treatment. In order to give patients the benefit from the NanoTherm treatment, the Company continues to increase the medical awareness of the value of NanoTherm therapy to encourage patients and neurosurgeons to consider NanoTherm therapy earlier following the diagnosis of their tumor status.

The current roll-out plan sees MagForce placing its NanoActivator devices in a number of European countries and thus enabling patients to be treated in their home countries. Facilitating treatment of patients in their home countries will also simplify reimbursement in those countries where MagForce already has the CE mark approval for the treatment of brain tumors. Amongst others, MagForce’s commercial and medical teams have identified Poland, Italy, Switzerland, and Spain as suitable countries for NanoTherm treatment centers.

At the same time, MagForce is in the process of obtaining domestic reimbursement for NanoTherm therapy in Germany.

Treatment of Intermediate Risk Prostate Cancer in the USA:

MagForce USA, Inc. had filed an Investigational Device Exemption (IDE) with the USA Food and Drug Administration (FDA) for NanoTherm therapy to treat Intermediate Risk Prostate Cancer. During 2016, MagForce USA repeated and updated the pre-clinical studies (originally conducted in Germany about 10 years ago) with its clinical NanoActivator installed at University of Washington 2015.

The results of these pre-clinical studies and the proposed clinical trial protocol were submitted to the FDA in late fourth quarter, 2016. An in-person follow-up meeting with FDA representatives was held in early January 2017 to discuss MagForce’s submissions and identify required clarification. This meeting was again very productive and MagForce believes it can successfully address their questions.

MagForce plans another in-person meeting with the FDA in the near future to determine if its proposed approach to address their requests is accepted.

The key to achieving the Company’s goals is to continue to establish clinical treatment sites and obtain the necessary administrative approvals. MagForce has completed the installation of the NanoActivator at a second site located at CHRISTUS Santa Rosa Hospital – Medical Center in San Antonio, Texas.

While MagForce is now approximately six months behind schedule, the Management is still confident and will make every effort to achieve its original targets in terms of market entry and commercialization of NanoTherm therapy in the USA – which is projected for 2018.

Results of Operations, Net Assets, and Financial Position

Non-GAAP financial measures are used by MagForce’s management to make operating decisions because they facilitate internal comparisons of MagForce’s performance to historical results. The Non GAAP measures are presented in the year-end financial publication as MagForce’s management believes that they will provide investors with means of evaluating, and an understanding of how MagForce’s management evaluates, MagForce’s performance and results on a comparable basis that is not otherwise apparent on a German GAAP basis, since many non-recurring, infrequent or non-cash items that MagForce’s management believes are not indicative of the core performance of the business may not be excluded when preparing financial measures under German GAAP.

These Non-GAAP measures should not be considered in isolation from, as substitutes for, or superior to financial measures prepared in accordance with German GAAP.

Net Loss for the business year was EUR 7,231 thousand (prior year: EUR 1,547 thousand). Non-GAAP net loss remained almost stable at EUR 5,107 thousand (prior year: EUR 5,050 thousand).

Compared to the prior year period personnel expenses increased by EUR 262 thousand to EUR 3,252 thousand (prior year: EUR 2,990 thousand) due to an increased average number of employees in 2016 (29; prior year: 23).

Revenue and Other Operating Income amounted to EUR 1,581 thousand (prior year: EUR 7,702), while Non-GAAP revenue and other operating income increased by EUR 136 thousand to EUR 1,581 thousand (prior year: EUR 1,445 thousand). The Non-GAAP increase chiefly stems from higher recharges to subsidiaries. Revenue and other operating income were adjusted to arrive at Non-GAAP figures by the prior-year amounts resulting from the extension of the distribution and development rights for the countries Canada and Mexico in January 2015 (EUR 3,033 thousand), the sale of four NanoActivator devices to MagForce USA, Inc. (EUR 2,421 thousand) and by the write-up of the loans of MT MedTech GmbH (EUR 803 thousand).

Other operating expenses increased to EUR 4,309 thousand (prior year: EUR 3,173 thousand), while Non-GAAP operating expenses remained almost stable at EUR 6,918 thousand (prior year: EUR 6,824 thousand). Other operating expenses were adjusted for the impairment of the loans to MT MedTech GmbH in the amount of EUR 1,218 thousand (prior year: nil) to arrive at Non-GAAP.

Cash outflows from operating activities amounted to EUR -6,575 thousand (prior year: EUR -5,185 thousand).

Cash inflows from investing activities amounted to EUR 3,073 thousand (prior year: Cash outflow of EUR -2,575 thousand). Cash inflows for the year 2016 are largely due to repayments of short-term loans in the amount of EUR 3,000 thousand. Cash flows from financing activities amounted to EUR 2,723 (prior year: EUR nil).

Cash and cash equivalents as of December 31, 2016 amounted to EUR 614 thousand (prior year: EUR 1,393 thousand).

Capital Market Transactions and Funding of the Company After the End of Period

To improve liquidity and to ensure the development of new products beyond 2017 the Company issued a EUR 5.0 million convertible loan on March 2, 2017, with a maturity of 3 years, an interest rate of 5% p.a., and a conversion price at EUR 5.00 per share. Furthermore, Lipps & Associates LLC continues providing lines of funds to support expansion plans as a means of non-dilutive funding.

In addition on June 28, 2017, MagForce AG resolved and successfully implemented a capital increase from authorized capital. The Company’s share capital will, therefore, be increased from EUR 25,622,711.00 to EUR 26,343,172.00 by issuing 720,461 new no-par-value shares at a price of EUR 6,94 per share by partially utilizing existing authorized capital against cash contributions. All new shares were subscribed by UK-based M&G International Investments Ltd. in a private placement. Gross proceeds for MagForce AG amount to EUR 5.0 million. The additional capital will be mainly used to accelerate the on-going international expansion of MagForce, in particular in Europe.

Outlook and Financial Prognosis 2017 and Beyond

In 2017, MagForce will focus on establishing an expansion strategy in Europe for the treatment of brain tumors, initiating a study to ensure refund of treatment expenses in selected European countries, starting the clinical study for marketing authorization for the treatment of prostate cancer in the US and initiating the production of related ambulatory NanoActivator devices.

The Company expects an extension of its business activity due to the planned expansion strategy in Europe. This is accompanied by a study to ensure reimbursement of treatment expenses in participating countries. As a result from the increased activity, MagForce expects higher commercial expenses and in 2018 an increased net loss.

For the years 2017 and 2018, the Company plans to intensify cooperation with local and international patient organizations to further establish NanoTherm therapy and to increase the number of patient inquiries. Furthermore, new ways for reimbursement in Germany and selected countries will be established to make NanoTherm therapy available to as many patients as possible. Also, the Company plans to enhance its presence at appropriate events and with foreign patient organizations. MagForce’s management has executed the necessary measures and set up a plan to finance the Company’s expansion targets for Europe in 2017 and 2018.

About MagForce AG and MagForce USA, Inc.

MagForce AG, listed in the Scale segment of the Frankfurt Stock Exchange (MF6, ISIN: DE000A0HGQF5), together with its subsidiary MagForce USA, Inc. is a leading medical device company in the field of nanomedicine focused on oncology. The Group’s proprietary NanoTherm(R) therapy enables the targeted treatment of solid tumors through the intratumoral generation of heat via activation of superparamagnetic nanoparticles.

NanoTherm(R), NanoPlan(R), and NanoActivator(R) are components of the therapy and have received EU-wide regulatory approval as medical devices for the treatment of brain tumors. MagForce, NanoTherm, NanoPlan, and NanoActivator are trademarks of MagForce AG in selected countries.

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This release may contain forward-looking statements and information which may be identified by formulations using terms such as “expects,” “aims,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or “will.” Such forward-looking statements are based on our current expectations and certain assumptions, which may be subject to a variety of risks and uncertainties. The results actually achieved by MagForce AG may substantially differ from these forward-looking statements. MagForce AG assumes no obligation to update these forward-looking statements or to correct them in the case of developments, which differ from those, anticipated.


Barbara von Frankenberg
Vice President
Communications & Investor Relations
T +49-30-308380-77

SOURCE: MagForce AG via the EQS Newswire distribution service including Press Releases and Regulatory Announcements

ReleaseID: 467287

MONDAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against United States Steel Corporation and Encourages Investors with Losses Over $100,000 to Contact the Firm

IRVINE, CA / ACCESSWIRE / June 30, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against United States Steel Corporation (“U.S. Steel” or the “Company”) (NYSE: X). Investors who purchased or otherwise acquired U.S. Steel shares between November 1, 2016 and April 25, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm by July 3, 2017, the lead plaintiff motion deadline.

If you purchased U.S. Steel 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

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

According to the Complaint, throughout the Class Period, U.S. Steel issued materially false and/or misleading statements and/or failed to disclose: that while the Company implemented its Carnegie Way program, it focused on lowering costs and did not make investments necessary to position itself so that it could respond to improved market conditions; that the Company’s failure to invest in improving capital assets during the industry downturn, in order to report apparent financial improvements, meant that U.S. Steel had higher production costs than its competitors, even in the face of improved pricing, which would negatively impact its financial results; and that the Company was forestalling expensive capital equipment upgrades in order to boost its short-term financial results at the expense of long-term financial performance, leaving U.S. Steel in need of accelerated, costly equipment upgrades that would leave the Company years away from generating improved financial performance. Following this news, U.S. Steel’s share price fell materially, which caused investors harm according to the Complaint.

If you wish to learn more about this lawsuit, or if you have any 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 via e-mail at

This press release may be considered Attorney Advertising in certain jurisdictions.


Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474

SOURCE: Khang & Khang LLP

ReleaseID: 467286

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Endo International plc – ENDP

NEW YORK, NY / ACCESSWIRE / June 30, 2017 / Pomerantz LLP is investigating claims on behalf of investors of Endo International plc (“Endo” or the “Company”) (NASDAQ: ENDP). Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 9980.

The investigation concerns whether Endo 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 May 15, 2017, post-market, Reuters reported that Orange County, New York had sued Endo, along with other pharmaceutical companies, accusing the Company of engaging in fraudulent marketing that downplayed the risks of prescription opioid painkillers. On this news, Endo’s share price fell $0.94, or 6.98%, over the following two trading days to close at $12.52 on May 17, 2017.

On June 8, 2017, the U.S. Food and Drug Administration instructed Endo to pull its opioid painkiller Opana ER from the U.S. market, citing Opana’s “high risk of abuse and potential to help spread HIV and hepatitis C.” On this news, Endo’s share price fell $2.29, or 6.62%, to close at $11.49 on June 19, 2017.

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

SOURCE: Pomerantz LLP

ReleaseID: 467279

Scott Engineering Builds Harmonic Filter Banks for Canadian Energy Firm Encana

Built in partnership with ABB, the project will improve power quality at three Liquefied Gas Plants (LGP) in Dawson Creek, British Columbia

CHINO, CA / ACCESSWIRE / June 30, 2017 / Scott Engineering, a leading manufacturer of Electrical Utility and Power Distribution equipment, has built six specially-designed Harmonic Filter Banks under contract for partner, and technology and industry giant ABB. Designed by ABB’s power quality specialists and leveraging ABB’s premium product range, these metal-enclosed capacitor banks (“MECB”) are built to last over 20 years in extremely harsh weather conditions. With utmost concern for operator safety and maximizing customer value, they were uniquely produced to improve the power quality for the electrical systems for three Liquefied Gas Plants (“LGP”) located in Dawson Creek, British Columbia.

The LGP plants – Sunrise, Tower and Saturn – are some of the largest in the world and were developed by the Cutbank Ridge Partnership, an agreement between Mitsubishi Corp. and Canadian energy firm Encana Corp. The partnership is devoted to the long-term development of natural gas resources in Northeast British Columbia. The total output from these plants will be over 1,000 Billion cubic feet of gas per day. According to David Noseworthy, a CIBC World Markets analyst, “Sunrise is going to be the biggest in Western Canada [that has been] built in the last 30 years.”

The Encana plants receive sweet natural gas, remove water and hydrocarbons, chill and compress the gas to meet transmission pipeline requirements and recover NGL (natural gas liquid) from the gas streams. Total cost for the plants is estimated at $1.8 billion. The North American consumption of natural gas is currently over 80 billion cubic feet per day.

The passive harmonic filter banks will play a critical role in absorbing the harmonics produced by the non-linear loads at the plants. By protecting sensitive equipment and the electrical network from these potentially damaging harmonics, system availability is maximized and the costly impact of equipment outages is reduced. Energy costs are also reduced by the overall improvement in the power quality of the system.

Each bank was sized based on actual site requirements with outputs ranging from 2.1Mvar up 6Mvar. The system is automatically controlled by ABB’s specialized RVT power factor controller which is able to monitor the network conditions and turn the MECB stages on and off as demand requires.

After each of the systems was completed at Scott Engineering’s facility in Chino, ABB engineers conducted final on-site testing in the presence of Encana representatives before final shipment to Canada.

According to Timothy Heemskerk, ABB’s Global MECB Product Manager, “The dedication and passion of the Scott Engineering team to complete these banks to the customers’ requirements was fantastic.”

About Scott Engineering:

Scott Engineering is a leading California-based manufacturer of medium voltage pole-mounted and pad-mounted equipment for the electrical utility and power distribution industry. Founded in 1966, Scott specializes in customized designs and manufacturing of top-quality equipment precisely built for their customers. Scott is 100 percent employee owned and has full MBE certification.


Media Contact:

Patrick McClure
Scott Engineering
5051 Edison Ave
Chino, CA 91710-5616
(909) 594-9637

Scott Engineering Harmonic Filter Bank installed at Encana LGP plant in Dawson Creek, B.C.

SOURCE: Scott Engineering

ReleaseID: 467288

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of FleetCor Technologies, Inc. – FLT

NEW YORK, NY / ACCESSWIRE / June 30, 2017 / Pomerantz LLP is investigating claims on behalf of investors of FleetCor Technologies, Inc. (“FleetCor” or the “Company”) (NYSE: FLT). Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 9980.

The investigation concerns whether FleetCor 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 19, 2016, Chevron Corporation (“Chevron”), FleetCor’s largest U.S. partner, announced that it had terminated its relationship with the Company and signed a long-term contract with FleetCor’s primary competitor. On this news, FleetCor’s share price fell $5.08, or 3.43%, to close at $142.96 on December 19, 2016.

On March 1, 2017, the investigative news and legal analysis company Capitol Forum published an article, based on interviews with numerous former FleetCor employees and FleetCor customers, describing how FleetCor’s business model relies on overcharging customers and padding fee income through improperly assessing late fees. On this news, the Company’s share price fell $5.25, or 3.09%, to close at $164.75 on March 1, 2017.

On April 4, 2017, Citron Research (“Citron”) published a report similarly accusing FleetCor of being a “predatory company by design, whose cores strategy is to methodically rip off its customers, using business practices and fees that are designed to deceive.” On this news, FleetCor’s share price fell $8.55, or 5.69%, to close at $141.60 on April 4, 2017.

On April 27, 2017, Citron published a follow-up report describing FleetCor’s development of a scheme to categorize its partners based on the level of improper fees the Company could charge without the customers complaining. On this news, FleetCor’s share price fell $5.73, or 3.79%, to close at $145.65 on April 27, 2017. On May 1, 2017, Chevron sued FleetCor for breach of contract. Following the filing of Chevron’s complaint, FleetCor’s share price fell $10.18, or 6.87%, to close at $138.00 on May 2, 2017.

On May 3, 2017, Citron reported on the Chevron lawsuit, stating that the lawsuit indicates that Chevron’s termination of the FleetCor contract was due to the Company’s mistreatment of its customers. On this news, FleetCor’s share price fell $6.74, or 4.88%, to close at $131.26.

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

SOURCE: Pomerantz LLP

ReleaseID: 467278

Hemet Dance Studio Classes Build Your Child’s Confidence

In Motion Training Center, a Hemet, California dance studio, announced an updated range of dance, gymnastics and cheerleading courses. The studio works with professional instructors to provide various classes to children aged 18 months and above.

Hemet, United States – June 30, 2017 /PressCable/

In Motion Training Center, a professional dance studio based in Hemet, California, updated its range of services to offer various dance, cheerleading and tumbling classes for children aged 18 months and above. The studio offers professional training in the most popular dance styles such as jazz, hip-hop, ballet, and Lyrical, extensive tumbling training and cheerleading preparation.

More information can be found at

Dancing is an art form, a social event and a competitive sport, making it a favorite among parents looking for an engaging activity for their children. The benefits of dance classes range from improved cardiovascular health and low obesity risk to learning discipline and perseverance, making many families consider dance classes as part of their children’s physical activity programs.

In Motion Training Center is a professional dance studio offering a wide range of courses for children and adults in Hemet and the surrounding area.

The studio has recently updated its services to provide extensive training in various dance styles. In Motion Training Center offers various dance classes, including jazz, hip-hop, tap, ballet, lyrical, musical theater and choreography. The class dances are supervised by Tracy Smith, owner of In Motion Training Center, a professional dance instructor and choreographer with more than 15 years of professional experience.

The Hemet dance studio also provides extensive gymnastics (tumbling) training. With the help of Nick Nicholls, professional tumbling coach and co-owner of In Motion Training Center, the studio offers gymnastic training to develop skills such as hand stands, bridges, aerials, backhand springs, cartwheels and many others.

In Motion Training Center strives to offer high-quality dance, tumbling and cheerleading training for children aged 18 months and above, promoting a healthy and active lifestyle from the earlier ages. On the official website of the studio parents can find detailed information on the courses available for different age groups.

Interested parties can find more information by visiting the above-mentioned website.

Contact Info:
Name: Nick Nicholls
Organization: In Motion Training Center
Address: 4000 E Florida Ave #116, Hemet, California 92544, United States
Phone: +1-951-251-4644

For more information, please visit

Source: PressCable

Release ID: 206777