NEW YORK, NY / ACCESSWIRE / May 31, 2018 / Pawar Law Group reminds shareholders who purchased shares of Flex Ltd. (NASDAQ: FLEX) from January 26, 2017 through April 26, 2018, both dates inclusive (the “Class Period”) of the important July 9, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Flex investors under the federal securities laws. To join the Flex class action, go to http://pawarlawgroup.com/cases/flex-ltd/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. You may also remain an absent class member and do nothing at this point. You may retain counsel of your choice.

According to the lawsuit, defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Flex’s internal controls over financial reporting were materially weak and deficient; (2) Flex had improperly accounted for obligations in a customer contract and certain related reserves; and (3) as a result of the foregoing, Flex’s financial statements and defendants’ statements about Flex’s business, operations, and prospects were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 9, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/flex-ltd/ to join the class action. You may also contact Vik Pawar of Pawar Law Group toll-free at 888-589-9804 or via email at vik@pawarlawgroup.com.

Pawar Law Group represents investors from around the world.

Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Fax: (212) 571-0938
info@pawarlawgroup.com

SOURCE: Pawar Law Group

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SINGAPORE / ACCESSWIRE / May 31, 2018 / Recently the next generation blockchain-based Mesh networking company SmartMesh (SMT) and international cryptocurrency exchange Huobi were both included in the “Top-10 Blockchain Provider 2018” list published by APAC CIO Outlook, a well-known Silicon Valley IT magazine. SmartMesh also was selected as “Company of the Month” in April and its CEO and Founder Henry Wang appeared on the magazine’s cover.

APAC CIO Outlook provides a platform for CIOs, CTOs, and other senior decision makers in the IT domain to share their experience, wisdom, and advice. Development trends and frontier technologies in enterprise applications, big data, mobile computing, and security are also covered by the publication.

World Economic Forum Founder and Chairman Klaus Schwab considers blockchain to be the key technology behind the upcoming fourth industrial revolution in a series of world-changing transformations following ones previously led by water and steam power, electric power and electronics and information. Nevertheless, blockchain technology is still in its youth and it has not yet been integrated into our daily lives. In China, the most significant functional use cases for blockchain have laughingly been called “Token Speculation” and “Holdings Meetings.” Investors’ confidence has also been dealt a blow as recent policies have been deployed and carried out globally with the aim of containing fraudulent and speculative blockchain projects. But these were also necessary steps in developing a framework where the investment arena could be kept rational.

The Global Inclusive Blockchain Conference was held on April 17th, 2018. At the conference, SmartMesh performed a demo of its multi-hop Mesh network successfully being deployed without internet connections, and thereby also implementing the first instance of internet-free blockchain technology. The establishment of the Universal Connectivity and Consensus Organization (UCCO) was also a highlight of the conference. Members of UCCO including SmartMesh, RSK and MeshBox will make joint efforts to connect half the world’s population that still cannot access the internet. SmartMesh also announced their decision that they would release their SmartRaiden offline payment technology as open-source at the conference. Currently, Spectrum, the SmartMesh public chain, is already online and as the project rolls out, SmartRaiden, Spectrum, and RSK sidechains will be integrated into MeshBox to operate as the cornerstone of the Internet of Value and Internet of Things.

Having been voted a “Top-10 Blockchain Solution Provider 2018” in a well-respected Silicon Valley publication makes it is obvious that SmartMesh is being recognized and established in its field. The SMT Token is also experiencing high volumes of trading as it gains in popularity. As a pioneer outfit, SmartMesh and other similar high-quality projects will enter a new development stage that draws stark contrasts with fraudulent and speculative projects based on smoke and mirrors that have no real technology behind them. It’s easy to see that SMT is a promising bet in the blockchain field and has enormous room for growth, expansion, and success.

CONTACT:

Website: https://smartmesh.io/
E-mail: smart@smartmesh.io
Telephone: 010-82612061

SOURCE: SmartMesh

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NEW YORK, NY / ACCESSWIRE / May 31, 2018 / SUM, a social security system based on blockchain technology, has attracted a lot of attention recently, especially for Europeans and Americans that attach great importance to privacy and personal information. SUM has become a hit on U.S and Canadian websites and forums, with hundreds of international media outlets reporting about it. As well as this, with the development of blockchain around the world, eyes are increasingly fixing their gaze on SUM.

Current social networks are centralized structures created by user content. Social networking sites set rules, store content, and distribute content. As a service provider, the social network has mastered using data generated by users, which breaches users’ personal privacy as well as their personal rights. Due to these reasons, the SUM social chain was created.

As a communication platform for decentralized peer-to-peer cryptographic transmissions, SUM completely excises the central server based on a distributed communication network, so that all communications conducted on SUM will adopt trusted peer-to-peer encryption standards. The ECC algorithm of elliptic curve encryption is used to create a secure and closed information transmission close loop through asymmetric encryption of information from the initial transmission to the storage of information.

As well as this, the high performance of ECC encryption algorithms will lead to more efficient information processing speed, comprehensively solving the transmission encryption security problems from the mobile end to the server end, and avoid the risk of information leakages and privacy theft from the source. After years of collaboration and integration, the SUM team has been able to do a good job in the field of instant messaging with efficient technology. SUM will build the SAC smart application public chain platform into one of the ecological entry points of SAC smart application chain, providing users with a safe, convenient and concise decentralized social platform.

In addition, SUM combines the broadcast function of the blockchain technology, carries a rich information platform, and provides access to all node users. Users can share and browse content on SUM, and enterprises can publish advertising information on the SUM platform. The generated data will be stored in the blockchain with original data form, and users can get a variety of rewards when participating in information transmissions.

SUM will create a “social network that does not monetize by harvesting user information,” where interactions between users, such as sending messages, posts, photos, and video, are peer-to-peer. Users can also publish paid content for personal benefit through the SUM chain. SUM chain is an incentive system that substitutes money.

Blockchain technology has given startups for social media a new hope. SUM provides a new development idea for peer-to-peer social networks, which guarantees the interests of users. SUM provides a new way of thinking about social networks based on peer-to-peer social networks, which is to protect the user’s interest while having zero latency, is free for everyone and is based upon the sharing concept. SUM connects global values within the same network, creating a global social platform that stands for freedom.

SOURCE: Global News Online

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NEW YORK, NY / ACCESSWIRE / May 31, 2018 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Myriad Genetics, Inc. (NASDAQ: MYGN) who purchased shares between August 13, 2014 and March 12, 2018. The action, which was filed in the United States District Court for the District of Utah, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (i) Myriad was submitting false or otherwise improper claims for payment under Medicare and Medicaid for the Company’s hereditary cancer testing; (ii) the foregoing conduct would foreseeably subject Myriad to heightened regulatory scrutiny and/or enforcement action; (iii) Myriad’s revenues from its hereditary cancer testing were in part the product of improper conduct and unlikely to be sustainable; and (iv) as a result, Myriad’s public statements were materially false and misleading at all relevant times. On March 12, 2018, Myriad Genetics filed an 8-K with the United States Securities and Exchange Commission disclosing the receipt of a subpoena from the Department of Health and Human Services concerning “an investigation into possible false or otherwise improper claims submitted for payment under Medicare and Medicaid.”

Shareholders have until June 19, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/myriad-genetics-inc?wire=1.

Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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LARGO, FL / ACCESSWIRE / May 31, 2018 / As consumer awareness on the benefits of organic and natural products continues to rise, the global hair care market is expected to reach USD $211.1 billion by 2025, according to a new report by Grand View Research, Inc. During that period, India is expected to be the fastest growing country with a compound annual growth rate (CAGR) of 9.73 percent. Ashwin Sokke, co-founder of the Florida-based holistic wellness company Fit & Glow, recently spoke on the rapidly-growing natural hair care sector of his home country.

Sokke began by citing a recent survey carried out by research firm Euromonitor, which showed that over half of Indian consumers reported “natural or organic” features influenced hair and skin care purchase decisions. “Time-pressed consumers are seeking convenience in beauty and personal care routines, but are aware of damaging effects of harsh chemicals. This has spurred demand for natural products as a safer alternative, ” said Euromonitor International survey analyst Priyanka Bagde. “In a market like India where herbal and ayurvedic hair and skin care has a legacy of usage, awareness, and benefits of herbal or botanical ingredients is high.” In both supermarkets and online stores, natural products saw 20-to-25 percent year-over-year growth, versus 10 percent for their counterparts. “Millennial consumers are leading the trend,” said Ashwin Sokke. “As they become savvier about ‘green’ choices, we have seen a marked shift in preferences in favor of natural products.”

“This trend is here to grow, and it’s not just limited to India. Internationally, too, brands are looking at including natural or natural-inspired products,” said online beauty store Nykaa.com Chief Executive Falguni Nayar. Nykaa.com offers a full suite of Indian-made personal care products, most notably Fit & Glow’s health, and wellness brand WOW. To contextualize Nayar’s point, Sokke referenced a new report from Coherent Market Insights that predicts the global herbal beauty market will reach USD $136 billion by 2025. In India, the hair care market has been growing with a CAGR of 16.95 percent over the last five years, driven by rising personal care, brand awareness, increasing disposable income, growing demand in the middle class, and an increase in the affordability of products. As the winner of Amazon India’s 2017 Beauty Award for best shampoo and conditioner, Sokke is proud his WOW brand is leading the country’s charge for personal wellness.

Ashwin Sokke co-founded Fit & Glow with his brother, Arvind, and a pair of close friends in 2013 with the mission to deliver natural, holistic wellness and personal care products to an underserved consumer base. Today, the company has four umbrella brands – WOW, Nutrava, Body Cupid, and Shaving Station – with a diverse range of innovative products under each, including dietary and nutritional supplements, essential oils and oil blends, personal care products, Ayurvedic plant-based products, and natural, organic men’s grooming products. While Fit & Glow’s product portfolio may be diverse, it is unified by the common ethical value that the human body deserves natural and the most beneficial ingredients, with no harmful additives.

Ashwin Sokke – Co-Founder of Fit & Glow Inc.: http://www.AshwinSokkeNews.com

Ashwin Sokke – Celebrates Recognition for WOW Brand with Amazon India Hair Award: https://finance.yahoo.com/news/ashwin-sokke-celebrates-recognition-wow-044600624.html

Ashwin Sokke Examines the Global Consumer Shift to Green Cosmetics: https://finance.yahoo.com/news/ashwin-sokke-examines-global-consumer-034000666.html

CONTACT:
AshwinSokkeNews.com
contact@ashwinsokkenews.com

SOURCE: Ashwin Sokke

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BOSTON, MA / ACCESSWIRE / May 31, 2018 / In a digitized economy, companies face the constant challenge of protecting their data against cyber threats. Attacks are becoming increasingly complex due to sophisticated malware and the rise of professional hackers. iboss notes that public awareness of cyber security is also increasing due to highly publicized incidents of personal data being compromised or stolen. In September 2017, a widely-reported data breach involving 143 million customers from credit reporting firm Equifax resulted in a 35% drop in company stock price within one week. More importantly, the announcement damaged, perhaps permanently, Equifax’s credibility in delivering services to its clients. Cisco’s 2017 Annual Cybersecurity Report revealed that 20% of organizations experienced significant data breaches in the previous year. The fallout from cyber security incidents are extremely damaging, potentially exposing a firm to legal challenges, government investigation, and market devaluation.

The development of blockchain technology allows companies to leverage a decentralized, distributed ledger at lower capital costs to increase corporate security. Data on customer identity and verification is encrypted and dispersed across the blockchain, making it nearly impossible for hackers to alter records. Removing human error from identity authentication is also of high value to e-commerce companies (as well as governments) and eliminates a key area of risk exposure to malicious cyberattacks. Organizations are able to verify users and devices without passwords, which can be lost or stolen. Furthermore, commercial disputes could be more easily resolved with a dependable record between counterparties.

The high reliability of a transparent ledger of transactions maintained by peer-to-peer technology can decrease the upfront investment that a firm should make in cyber security. In 2017, a global management consulting firm, Accenture, estimated that blockchain technology could reduce the infrastructure costs for the world’s largest investment banks by $8-12 billion dollars annually. In an industry where a large volume of transactions occur on a daily basis, using the blockchain was estimated to have maximum impact on the complex regulatory reporting requirements, and reducing the cost of reconciliation processes.

Distributed ledgers address many of the weaknesses found in conventional digital security systems. Instead of a centralized database of information that must be guarded against physical and virtual threats, the blockchain implements an end-to-end approach that accounts for identity, infrastructure, and business security. As the technology scales up, associated software like smart contracts will become increasingly sophisticated, according to iboss. With market value rising to $20 billion by 2024, blockchain technology is positioned to change established business models in all sectors of the global economy.

Architected for the cloud, iboss‘ Secure Web Gateway platform provides an elastic, architecture that provides security through the cloud to secure any user, location or device regardless of where its located while eliminating the cost and latency associated with appliances. Backed by over 100 patents, the groundbreaking technology protects over 4,000 organizations worldwide, making iboss one of the fastest-growing cyber security companies in the world.

iboss – Redefining the Delivery & Management of Cyber Security in the CloudEO: http://ibossnews.com
iboss (@ibossCyber) – Twitter: https://twitter.com/ibosscyber
iboss – YouTube: https://www.youtube.com/channel/UC_bh_xwIk4iB2gGTsRbu_DA
iboss – LinkedIn: https://www.linkedin.com/company/iboss

CONTACT:

ibossnews.com
contact@ibossnews.com

SOURCE: iboss

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