LOS ANGELES, CA / ACCESSWIRE / August 29, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Avinger, Inc. (“Avinger” or the “Company”) (NASDAQ: AVGR) for possible violations of federal securities laws. Investors who purchased or otherwise acquired Avinger shares pursuant and/or traceable to its initial public offering (“IPO”) on January 30, 2015, should contact the firm prior to the September 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 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 to be represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, the Registration Statement and Prospectus filed for Avinger’s IPO contained materially false and misleading statements and/or failed to disclose: that the Company did not have adequate sales and marketing personnel to increase sales of its lumivascular platform products and to commercialize Pantheris; that Avinger already experienced problems with the robustness of its lumivascular platform devices, including Pantheris; that physicians and hospitals were requiring more extensive and comprehensive training and education on the benefits of Avinger’s products to convince them to adopt and implement its lumivascular platform products instead of competing products and procedures available in the market; that the Company would not be able to achieve a rapid ramp rate for increased sales of its lumivascular platform; and that as a result of the above, Avinger was experiencing lower sales and revenues. Following this news, the Company’s shares fell in value, causing investors harm according to the Complaint.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding the rights of shareholders.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.

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: 474046

LOS ANGELES, CA / ACCESSWIRE / August 29, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Tableau Software, Inc. (“Tableau” or the “Company”) (NYSE: DATA) for possible violations of federal securities laws from June 3, 2015 through February 4, 2016, inclusive (the “Class Period”). Investors who purchased or otherwise acquired Tableau shares during the Class Period should contact the firm prior to the September 26, 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 to be represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, throughout the Class Period, Tableau made false and/or misleading statements, and/or failed to disclose, that product launches and upgrades by major software competitors were negatively affectinvg the Company’s competitive position and profitability. Thus, Tableau’s financial statements were materially false and misleading at all relevant times. On August 7, 2015, the Company filed a quarterly report on Form 10-Q reaffirming financial results issued in a July 29, 2015 press release. On February 4, 2016, the Company disclosed slowing revenue. In a related earnings call, the CEO stated that “the competitive dynamic has become more crowded and difficult.” When this news went public, shares of Tableau declined in value materially, which caused investors harm according to the Complaint.

Lundin Law PC was founded by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may constitute Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.

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: 474047

LOS ANGELES, CA / ACCESSWIRE / August 29, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Electronics for Imaging, Inc. (“Electronics for Imaging” or the “Company”) (NASDAQ: EFII) for possible violations of federal securities laws between February 22, 2017 and August 3, 2017, inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the October 10, 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 also choose to do nothing and be an absent class member.

According to the Complaint, throughout the Class Period, Electronics for Imaging made false and/or misleading statements and/or failed to disclose: that the Company improperly recognized revenue; that the Company’s disclosure controls and procedures were not effective; that the Company’s internal control over financial reporting were not effective; and thus, the Company’s public statements were materially false and misleading at all relevant times. Upon release of this news, shares of Electronics for Imaging decreased in value materially, which caused investors harm according to the Complaint.

Lundin Law PC was founded by Brian Lundin, Esq., 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 rules of ethics.

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: 474048

SAN DIEGO, CA / ACCESSWIRE / August 29, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who purchased NASDAQ: EFII shares against Electronics For Imaging, Inc. over alleged Securities Laws Violations.

Investors who purchased shares of Electronics For Imaging, Inc. (NASDAQ: EFII) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

On October 13, 2016, a report was published on Electronics For Imaging, Inc., alleging, among other things, that the Company has used “every accounting gimmick in the book” to tweak its earnings numbers; that “[p]ersistent material exclusions of intangible amortization expenses, stock-based compensation, restructuring/other and acquisition-related costs obfuscate Electronics For Imaging, Inc.’s sustainable earnings”; that the Company’s balance sheet is “littered” with accounting irregularities; that management intentionally misclassified long-term receivables as “other assets” and excluded them from its days sales outstanding calculation; and that Electronics For Imaging, Inc.’s current projections and price targets are out of line with reality due to the Company’s accounting practices.

On August 3, 2017, Electronics For Imaging, Inc. notified investors that it was postponing a conference call at which it anticipated discussing second quarter 2017 preliminary results. Electronics For Imaging, Inc. was delaying the call to enable the Company to complete an assessment of the timing of recognition of revenue. Additionally, Electronics For Imaging, Inc. stated that it was completing an assessment of the effectiveness of current and historical disclosure controls and internal control over financial reporting. Electronics For Imaging, Inc. stated that it expects to report a material weakness in internal control over financial reporting related to this matter. The Company also expects to report that disclosure controls were not effective in prior periods.

On August 10, 2017, a lawsuit was filed against Electronics For Imaging, Inc. over alleged violations of securities laws. The plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that Electronics For Imaging was improperly recognizing revenue, that Electronics For Imaging’s disclosure controls and procedures were not effective, that Electronics For Imaging’s internal control over financial reporting were not effective, and that as a result, Electronics For Imaging’s public statements were materially false and misleading at all relevant times.

Those who purchased Electronics For Imaging, Inc. (NASDAQ: EFII) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 474044

HONG KONG, CHINA / ACCESSWIRE / August 29, 2017 / ZZLL Information Technology Inc. (“ZZLL” or the “Company”, OTCQB: ZZLL), is pleased to announce it has launched its first online retail website in China.

As previously mentioned in its press release dated July 20, 2017 Syndicore Asia Limited (a wholly-owned subsidiary of ZZLL) has set-up a Wholly Foreign-Owned Enterprise (“WFOE”) in China under the name Hunan Syndicore Asia Limited (“HSAL”). HSAL has now launched Hua Wen Mall (“HWM”) – its first online member retail website at hwt.zzll.win. HWM is a platform that allows businesses to sell their products and services to HWM’s members through this business-to-business and business-to-consumer portal. All payments and processing will go through HWM, for which they will receive a transaction fee. The Mall will also develop its own branded products.

Hua Wen Mall will also cooperate with ZZLL’s existing Hong Kong platform, Z-Line Mall (www.zzll.win) to share members, customers and products. Z-line Mall currently carries daily necessities, cosmetic products and skin care products.

Said Sean Webster, CEO of ZZLL, “We are pleased to continue our corporate development initiatives, with the launch of Hua Wen Mall. The establishment of Hua Wen Mall allows us to directly target the massive Chinese online retail market, complying with local rules and regulations which are different from Hong Kong.” He added, “Coupled with our Z-Line Mall platform, we can satisfy our customer’s needs for products and services not available in China, with the addition of the confidence of the quality of goods shipped from Hong Kong. We hope to also launch further platforms soon to target different segments of the online market within China and internationally.”

About ZZLL Information Technology Inc.:

ZZLL Information Technology Inc. (OTCQB: ZZLL), and its wholly owned subsidiary, Syndicore Asia Limited will be a provider of syndicated media and E-Commerce platforms in the Asia Pacific region. Syndicore’s Wholly Foreign-Owned Enterprise, Hunan Syndicore Asia Limited will endeavor to develop its E-Commerce, video content and video streaming capabilities in China through its online platform, Hua Wen Mall. In addition, Z-Line International E-Commerce Company Ltd. (a majority owned subsidiary of ZZLL) is a Hong Kong based E-Commerce company that will provide consumer-to-consumer, business-to-consumer and business-to-business-sales services via its web portal, Z-Line Mall.

Safe Harbor

All statements other than statements of historical fact that are included in this press release and that mention activities, events or developments that we believe may occur in the future are forward-looking statements. The use of words such as “anticipate,” “continue,” “estimate,” “expect,” “may,” “project,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this press release include those regarding whether Hua Wen Mall will develop its own branded products; and whether ZZLL will launch further platforms soon to target different segments of the online market within China and internationally.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Risks that might cause actual results to differ from these projections include, but are not limited to, those discussed in ZZLL’s most recent Annual Report on Form 10-K, 10-Q and other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in many places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of ZZLL Information Technology, Inc. (the “Company”), its directors or its officers with respect to, among other things: (I) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company’s expectations include, but are not limited to, those factors that are disclosed under the heading “Risk Factors” and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

Contact:

Sean Webster
Email: info@zzlliti.com
Tel: 852-3705-1571

SOURCE: ZZLL Information Technology Inc.

ReleaseID: 474041

VANCOUVER, BC / ACCESSWIRE / August 29, 2017 / TIMIA Capital Corporation (TSX-V: TCA) (”TIMIA” or the ”Company”) is pleased to announce that it has completed the first exit from one of its revenue finance investments, Lambda Solutions Inc. (”Lambda”).

The proceeds of this exit, plus monthly payments received over the life of the investment, totalled $823,000 and represent a 22% annualized IRR on the $600,000 investment. TIMIA will recognize a net book value gain of $35,000 on the disposition of this facility.

TIMIA’s investment strategy is to earn significant returns for its shareholders via a combination of steady monthly payments and occasional capital gains when investee companies exit TIMIA’s investment facility.

Lambda was TIMIA’s first revenue finance investment in August, 2015 and has significantly grown its revenue and shareholder value over the past 24 months.

”TIMIA was proud to have been a key investment partner for Lambda Solutions Inc. over the past 24 months,” says Mike Walkinshaw, CEO of TIMIA, ”and our investment capital helped the company breakthrough critical milestones.”

TIMIA looks forward to re-deploying the capital into new and existing revenue finance investments in the coming months. This forward looking statement is subject to the forward looking disclaimer contained below.

About TIMIA Capital Corporation

TIMIA Capital Corporation is a specialty finance company that provides revenue financing to technology companies in exchange for a royalty stream on revenue. The alternative financing option complements both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing business-to-business software-as-a-service (SaaS) segment. TIMIA is managed by a seasoned investment team with a track record of originating and managing debt and equity investments, as well as monitoring, compliance and workouts.

For more information about TIMIA Capital Corporation, please visit www.timiacapital.com

For more information, please contact:

Mike Walkinshaw
Chief Executive Officer
TIMIA Capital Corporation
(604) 398-8839
IR@timiacapital.com

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

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company disclaims any obligation to update the forward-looking statements except as required by law.

SOURCE: TIMIA Capital Corp.

ReleaseID: 473956

NEW YORK, NY / ACCESSWIRE / August 29, 2017 / H&R Block, Inc. (NYSE: HRB) will be discussing their earnings results in their Q1 Earnings Call to be held August 29, 2017 at 4:30 PM Eastern Time.

To listen to the event live – visit https://www.investornetwork.com/company/1799.

Replay Information

The replay will be available online at https://www.investornetwork.com/company/1799.

About Investor Network

Investor Network (IN) is a new financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 474019