Monthly Archives: July 2019

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ideanomics, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 31, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ideanomics, Inc. (“Ideanomics” or “the Company”) (NASDAQ:IDEX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between May 15, 2017 and November 13, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before September 17, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Ideanomics bottom line performance was adversely impacted by costs associated with constructing the Company’s U.S. infrastructure and hiring a new executive team. Based on this fact, the Company had very little chance to meet its 2018 EBITDA guidance. At the same time, the Company’s margins from its oil trading and consumer electronics businesses were too low to maintain viability. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Ideanomics, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 554175

INVESTOR ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Eagle Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 31, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cadence Bancorporation (“Cadence” or “the Company”) (NYSE: CADE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cadence announced on July 22, 2019, that the Company’s financial results for the second quarter of 2019 were “negatively impacted by higher credit costs including net charge-offs of $18.6 million and loan provisions of $28.9 million.” Based on these issues, Cadence missed its second-quarter earnings expectations. Based on this news, shares of Cadence fell by more than 22% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 554170

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Aclaris Therapeutics, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 31, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aclaris Therapeutics, Inc. (“Aclaris” or “the Company”) (NASDAQ: ACRS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. It was reported on June 20, 2019, that the FDA’s Office of Prescription Drug Promotion (OPDP) released a letter which stated that a video advertisement for Aclaris’s hydrogen peroxide topical solution, Eskata, “makes false or misleading claims” about its risk and efficacy. The FDA letter states that, “a direct-to-consumer video of an interview featuring a paid Aclaris spokesperson” was “especially concerning from a public health perspective because it fails to include information regarding the serious risks associated with Eskata, which bears warnings and precautions related to the risks of serious eye disorders . . . in the case of exposure to the eye and severe skin reactions including scarring.” Based on this news, shares of Aclaris fell significantly over the next two trading sessions.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 554168

QUALCOMM, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / July 31, 2019 / QUALCOMM, Inc. (NYSE: QCOM) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on July 31, 2019 at 4:45 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-02430936D2186

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a 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: 554153

OneSignal, the Market Leader in Push Notifications, Raises $25 Million Series B and Announces Partnership With Microsoft

OneSignal, the market leader in push notifications, closes Series B and becomes Microsoft’s exclusive push partner for integration in the App Center.

SAN MATEO, CA / ACCESSWIRE / July 31, 2019 / ​​OneSignal, the YCombinator-backed market leader in customer engagement, closes $25 million Series B funding, led by SignalFire and existing investors Rakuten Ventures and an early angel investor. Since its launch in 2015, OneSignal has raised a total of $34.5 million.

Every month, OneSignal reaches 40% of all smartphone users in the world.

Push Notifications as a Channel

Businesses communicate with their users directly through their users’ devices: phones, tablets, browsers, and connected devices, such as Alexa. They use push to stay top of mind with relevant offers and content.

“Push is leveling the playing field, allowing SMBs to compete with large enterprises. We recently sent a survey to our 700K users – 56% of respondents say that, thanks to push, they’ve reduced their spending on traditional engagement channels: Google/Facebook for retargeted ads, email CRMs, SMS platforms.”

Push is also a channel for users to communicate with each other. In iOS 9, Apple introduced inline replies to notifications, so users don’t even have to open an app in order to respond to a message.

“What excites me about notifications is that it’s the only channel that gives users full control over who can communicate with them,” says Deglin. “No one likes pervasive retargeted ads, robocalls, or email spam. To get a notification, you have to opt-in on an app or website you actually use. If the notifications are too frequent or irrelevant, you can easily opt-out.”

Microsoft Partnership

Recognizing OneSignal as a best-in-class messaging platform, Microsoft exclusively partnered with OneSignal to bring powerful push capabilities to its Visual Studio App Center users.

App Center is the fast-growing part of Microsoft’s cloud business and helps developers build, continuously test and deploy, and analyze their connected apps. This partnership makes it easy for App Center users to analyze OneSignal click and delivery analytics information and makes it easier for OneSignal users to benefit from better development tools with App Center.

OneSignal delivers 4.5 billion messages every single day and is rapidly growing through organic adoption and partnerships.

Funding New Growth

The Series B funding will be used to continue to grow platform features, improving service to OneSignal’s 700,000+ users, which range from SMB to Fortune 500 Companies.

“When you think about your favorite apps and websites, most of them aren’t owned by giant enterprises – they’re startups, e-commerce sites, blogs …” says George Deglin, CEO. “These companies aren’t buying billboards or TV commercials – they stay top of mind through highly relevant and timely push notifications.”

Prior to OneSignal, push notification services were divided between free tools with limited functionality and prohibitively expensive, difficult-to-integrate platforms. OneSignal makes it easy to personalize messages, target specific user groups, and schedule/automate messages. Enterprises increasingly choose OneSignal because they can integrate the platform and prove that it works before committing to an annual contract.

“We plan to take this same approach as we roll out additional products such as in-app messaging and SMS to become the omnichannel customer engagement platform,” says George Deglin, OneSIgnal CEO. “SignalFire is helping us achieve these goals by leveraging their analytics, AI, and big data tools to help us grow faster.”

—-

OneSignal aims to power the world’s messages. OneSignal’s goal is to provide companies of all sizes with enterprise-grade tools to grow and retain their audiences. The company was founded by Y Combinator alums George Deglin and Long Vo. OneSignal is venture-backed by SignalFire and Rakuten Capital. The company is based in San Mateo – onesignal.com/careers.

Media Contact: pr@onesignal.com

Source: OneSignal, Inc.

ReleaseID: 554156

CLASS ACTION UPDATE for TUSK, CLDR and FDX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / July 31, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine your eligibility and get free access to our shareholder support tools that provide you with case updates, automated loss calculations and claims recovery assistance, please contact the firm via the links below. There will be no cost or obligation to you.

Mammoth Energy Services, Inc. (NASDAQ:TUSK)

Lawsuit on behalf of: investors who purchased October 19, 2017 – June 5, 2019
Lead Plaintiff Deadline : August 9, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/mammoth-energy-services-inc-loss-form?prid=2699&wire=1

According to the filed complaint, during the class period, Mammoth Energy Services, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Mammoth’s subsidiary, Cobra, improperly obtained two infrastructure contracts with PREPA that totaled over $1.8 billion; (2) specifically, the contracts were awarded as the result of improper steering and not a competitive RFP process; and (3) as a result, Defendants’ statements about Mammoth’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Cloudera, Inc. (NYSE:CLDR)

Lawsuit on behalf of: investors who purchased April 28, 2017 – June 5, 2019
Lead Plaintiff Deadline : August 6, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/cloudera-inc-loss-form?prid=2699&wire=1

According to the filed complaint, during the class period, Cloudera, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Cloudera was finding it increasingly difficult to identify large enterprises interested in adopting the Company’s Hadoop-based platform; (ii) Cloudera needed to expend an increasing amount of capital on sales and marketing activities to generate new revenues, even as new revenue opportunities were diminishing; and (iii) Cloudera had materially diminished sales opportunities and prospects and could not generate annual positive cash flows.

FedEx Corporation (NYSE:FDX)

Lawsuit on behalf of: investors who purchased September 19, 2017 – December 18, 2018
Lead Plaintiff Deadline : August 26, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/fedex-corporation-loss-form?prid=2699&wire=1

According to the filed complaint, during the class period, FedEx Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) TNT’s overall package volume growth was slowing as TNT’s large customers permanently took their business to competitors after the Cyberattack; (2) as a result of the customer attrition, TNT was experiencing an increased shift in product mix from higher-margin parcel services to lower-margin freight services; (3) the anticipated costs and timeframe to integrate and restore the TNT network were significantly larger and longer than disclosed; (4) FedEx was not on track to achieve TNT synergy targets; and (5) as a result of these undisclosed negative trends and cost issues, FedEx’s positive statements about TNT’s recovery from the Cyberattack, integration into FedEx’s legacy operations, customer mix, customer service levels, profitability, and prospects lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 554161

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of DBD, FRED and LB

NEW YORK, NY / ACCESSWIRE / July 31, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Diebold Nixdorf, Incorporated (NYSE:DBD)

Investors Affected : February 14, 2017 – July 4, 2017

A class action has commenced on behalf of certain shareholders in Diebold Nixdorf, Incorporated. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) as a result of the Wincor acquisition and related integration, the Company was less focused on its core business; (2) the Company expected certain customers would not renew their service contracts (i.e. contract runoff); (3) the Company was not adequately prepared to staff service technicians; (4) as a result of the expected contract runoff, the Company would suffer a shortage of adequately trained service technicians; (5) as a result, the Company would suffer margin pressure in its services segment; (6) as a result of the foregoing, the Company would lose market share; and (7) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/diebold-nixdorf-incorporated-loss-submission-form/?id=2698&from=1

Fred’s, Inc. (NASDAQGS:FRED)

Investors Affected : December 20, 2016 – June 28, 2017

A class action has commenced on behalf of certain shareholders in Fred’s, Inc. According to the filed complaint, defendants made numerous materially false and misleading statements concerning the level of regulatory risk faced by the Original Merger and the Revised Merger which would ultimately cause the termination of the Fred’s Asset Purchase Agreement. Specifically, Defendants made false and/or misleading statements: (i) downplaying or disputing contrary reports from journalists signaling regulatory turbulence in closing the merger; (ii) representing that inside knowledge of the FTC gave confidence that the deal would close.

Shareholders may find more information at https://securitiesclasslaw.com/securities/freds-inc-loss-submission-form/?id=2698&from=1

L Brands, Inc. (NYSE:LB)

Investors Affected : May 31, 2018 – November 19, 2018

A class action has commenced on behalf of certain shareholders in L Brands, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) the Victoria’s Secret and PINK businesses were having a material adverse effect on the Company’s cash flow, liquidity and debt levels; (b) Defendants lacked a reasonable basis for their positive statements about the ability of the Company to sustain its dividend; (c) the MD&A disclosures in filings L Brands made with the SEC were materially false and misleading; (d) the risk factor disclosures in filings L Brands made with the SEC were materially false and misleading; (e) the representations about L Brands’ disclosure controls in filings the Company made with the SEC were materially false and misleading; (f) the certifications issued by Defendants Wexner and Burgdoerfer on L Brands disclosure controls were materially false and misleading; and (g) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about L Brands’ then-current business operations and future financial
prospects.

Shareholders may find more information at https://securitiesclasslaw.com/securities/l-brands-inc-loss-submission-form/?id=2698&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm

ReleaseID: 554160

Greenhill & Co., Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / July 31, 2019 / Greenhill & Co., Inc. (NYSE: GHL) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 31, 2019 at 4:30 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-B99776474FB24

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a 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: 554147

Altice Europe NV to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / July 31, 2019 / Altice Europe NV (OTCPINK: ATC) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 31, 2019 at 6:00:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-EE6D4B031B74C

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a 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: 554144

The Rubicon Project, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / July 31, 2019 / The Rubicon Project, Inc. (NYSE: RUBI) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 31, 2019 at 4:30 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-8E754FE7CC9AC

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a 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: 554143