Monthly Archives: August 2019

FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Acer Therapeutics Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Acer Therapeutics Inc. (“Acer” or “the Company”) (NASDAQ:ACER) 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. Acer disclosed on June 25, 2019 that it received a Complete Response Letter (“CRL”) from the FDA on its application for EDSIVO (celiprolol) for the treatment of vascular Ehlers-Danlos syndrome (“vEDS”). The Company admitted that “[t]he CRL states that it will be necessary to conduct an adequate and well-controlled trial to determine whether celiprolol reduces the risk of clinical events in patients with vEDS,” and that “Acer plans to request a meeting to discuss the FDA’s response.” Based on this news, shares of Acer fell nearly 80%.

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: 558040

SINGLE TICKER STOCK ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 2U, Inc. and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 2U, Inc. (“2U” or “the Company”) (NASDAQ:TWOU) 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 February 25, 2019 and July 30, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before October 7, 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. 2U faced stiffening competition in the online education space, especially in the graduate program area. At the same time, the Company faced program-specific issues that hurt performance. These factors combined to make the Company’s business model unsustainable, forcing it to slow program launches. 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 2U, 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.,
Office: 310-301-3335
Cell: 424-303-1964
www.schallfirm.com
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 558039

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carbonite, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Carbonite, Inc. (“Carbonite” or “the Company”) (NASDAQ:CARB) 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 securities between February 7, 2019 and July 25, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before September 30, 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. Carbonite’s Server Backup VM Edition product suffered from deep quality flaws and poor technology. The Company received many negative reviews of the product from its customers. The product was so flawed that it acted as a “disruptive” factor amongst Carbonite’s sales force, constraining salespeople from closing several large deals in fiscal year 2019. 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 Carbonite, 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: 558038

SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against International Flavors & Fragrances Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of International Flavors & Fragrances Inc. (“International Flavors” or “the Company”) (NYSE:IFF) 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. International Flavors announced its second quarter 2019 financials on August 5, 2019. The Company lowered its guidance for fiscal year 2019, setting earnings per share expectations at $4.85 to $5.05 per share on annual revenue of $5.15 billion to $5.25 billion. These figures were revised downwards from $4.90 to $5.10 EPS on $5.2 billion to $5.3 billion in revenue. International Flavors also admitted that it had initiated an investigation of improper payments made by its Israeli subsidiary, “operating principally in Russia and Ukraine . . . to representatives of a number of customers.”

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 9006, 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: 558035

FIRST FIRM TO INVESTIGATE NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Dropbox, Inc. and Reminds Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dropbox, Inc. (“Dropbox” or “the Company”) (NASDAQ:DBX) for false and misleading SEC filings.” The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dropbox, Inc. (“Dropbox” or “the Company”) (NASDAQ:DBX) for false and misleading SEC filings.

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

www.schallfirm.com, or by email at brian@schallfirm.com.” 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:

info@schallfirm.com
www.schallfirm.com” 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: 558030

Rob Thomson Highlights Now-Available Custom To-Be-Built Waterfront Home

JUPITER, FL / ACCESSWIRE / August 30, 2019 / Waterfront Properties owner and co-founder Rob Thomson shares details of custom to-be-built waterfront home listing at Admirals Cove.

Perfectly positioned along beautiful Quayside Drive, Waterfront Properties’ Rob Thomson’s custom to-be-built listing at Admirals Cove is set to deliver near-unparalleled luxury upon completion. Situated within one of South Florida’s most in-demand communities, and enjoying a marina, yacht club, and four championship-standard golf courses plus close proximity to a number of leading local elementary, middle, and high schools, Waterfront Properties and Club Communities boss Thomson offers a closer look at the listing.

“On offer is a magnificent, custom, to-be-built waterfront home in the prestigious golfing and boating community of Admirals Cove,” reveals luxury real estate mogul Thomson, owner and co-founder of Waterfront Properties and Club Communities, based in Jupiter, Florida.

The planned 6,000 square foot home, which will also enjoy over 100 feet of water frontage, will, says Robert Thomson, boast only top-of-the-line fixtures, fittings, appliances, and finishes.

“With only top-of-the-line fixtures, fittings, appliances, and finishes, on the much-desired open plan ground floor, this stunning property will feature custom wood cabinets, marble floors with inlays, an elevator, impact windows and doors, a full chef’s kitchen with two island food preparation stations, Thermador appliances, and more,” reveals the South Florida real estate mogul.

A grand first-floor master suite, meanwhile, with coffered ceilings, will take advantage of a large and luxurious master bathroom. A downstairs guest suite and three further bedrooms on the second floor will also make up the custom to-be-built waterfront home. “Enjoy endless days under the covered lanai and summer kitchen,” suggests Thomson, “overlooking the interior waterways that make Admirals Cove a one-of-a-kind community.”

Perfectly nestled along the natural tropical waterways of South Florida, unique development Admirals Cove is an award-winning private estate community located in the much-sought-after town of Jupiter. “It’s easily among the area’s best-selling communities,” says Robert Thomson, “and is ranked alongside some of the top private clubs in America.”

“The beautiful, gated, and highly prestigious community,” he continues, “also boasts a marina and yacht club where residents have access to shopping and other amenities, 65 boat slips, and more than 500 boat docks.”

In addition to easy access to the ocean for fishing or recreational boating, golf enthusiasts may also take in 45 holes across a total of four championship golf courses, each surrounded by the unique landscapes on offer at Admirals Cove, according to Thomson.

“Just imagine waking up each day,” he adds, wrapping up, “to the glorious South Florida sunshine in a residential community which truly celebrates life’s abundant pleasures.”

107 Quayside Drive is listed for $5,995,000. For more information, visit Waterfront Properties and Club Communities owner and co-founder Robert Thomson’s listing on LuxuryRealEstate.com at https://rob-thomson.luxuryrealestate.com/2795449/.

CONTACT:
Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 558027

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

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE:TXT) 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 January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 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. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, 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: 558033

FIRST FIRM TO INVESTIGATE: The Schall Law Firm Announces it is Investigating Claims Against The RealReal, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The RealReal, Inc. (“RealReal” or “the Company”) (NASDAQ:REAL) for false and misleading SEC filings.

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.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 558031

JPJ Group PLC Announces Early Redemption of Exchangeable Shares Approved

Redemption date for Exchangeable shares expected to be in January 2020

LONDON, UK / ACCESSWIRE / August 30, 2019 / JPJ Group plc (LSE:JPJ) (the “Group”), a leading global online bingo-led operator, is pleased to announce that shareholders of the Intertain Group Limited (“Intertain”) approved the early redemption of Intertain’s Class C non-voting exchangeable shares (“Exchangeable Shares”) at a special meeting of holders of Exchangeable Shares today. Intertain is an indirect subsidiary of JPJ Group plc.

The redemption date for the Exchangeable Shares is expected to be on or around 13 January 2020, after which the Exchangeable Shares will be delisted from the Toronto Stock Exchange.

Neil Goulden, Executive Chairman of JPJ Group said: “Today’s approval marks another important milestone in JPJ Group’s transformation and enables the Group to simplify its corporate structure and capital structure, in-line with other leading UK-based issuers in the Premium Listing segment. I would like to personally thank all of our Exchangeable Shareholders for their continued support of all of our businesses.”

About JPJ Group plc

JPJ Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base through its subsidiaries. JPJ Group plc currently offers bingo and casino games to its customers through its subsidiaries using the Jackpotjoy (www.jackpotjoy.com), Starspins (www.starspins.com), Botemania (www.botemania.es), Vera&John (www.verajohn.com), and InterCasino (www.intercasino.com) brands. For more information about JPJ Group plc, please visit www.jpjgroup.com.

Enquiries:

JPJ Group plc
Jason Holden
Director of Investor Relations
+44 (0) 203 907 4032
Jason.holden@jpj.com

Amanda Brewer, Vice President of Corporate Communications
+1 416 720 8150
amanda.brewer@jpj.com

Finsbury
James Leviton
Andy Parnis
+44 (0) 207 251 3801
JPJ@finsbury.com

Cautionary Note Regarding Forward-Looking Information

This release contains certain information and statements that may constitute “forward-looking information” within the meaning of Canadian securities laws. Often, but not always, forward-looking information can be identified by the use of words such as “expects”, or the negative of such words or other variations or synonyms for such words, or state that certain actions, events or results “may” or “will” be taken, occur or be achieved.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance, achievements or developments to be materially different from those anticipated by the Group and expressed or implied by the forward-looking information. Forward-looking information contained in this release includes, but is not limited to, statements with respect to: (i) the ability of Intertain to implement the redemption of the Exchangeable Shares on the terms and timeline anticipated by Intertain, (ii) the delisting of the exchangeable shares, and (iii) the ability of the Group to reduce its administrative and compliance costs in Canada. These statements reflect the Group’s current expectations related to future events or its future results, performance, achievements, developments, actions and future trends affecting the Group. All such statements, other than statements of historical fact, are forward-looking information.

Such forward-looking information is based on a number of assumptions which may prove to be incorrect, including, without limitation, that the Risk Factors (as defined below) will cause actual results, performance, achievements or developments to differ materially from those described in the forward-looking information. Such forward-looking information could be materially affected by risks, including, but not limited to, that TSX and other securities regulatory approvals may not be obtained on the terms anticipated by the Group or at all (the “Risk Factors”). The foregoing Risk Factors are not intended to represent a complete list of factors that could affect the Group.

Although the Group has attempted to identify important factors that could cause actual results, performance, achievements or developments to differ materially from those described in the forward-looking information, there may be other factors that cause actual results, performance, achievements or developments not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results, performance, achievements or developments are likely to differ, and may differ materially, from those expressed in or implied by the forward-looking information contained in this release. Accordingly, readers should not place undue reliance on forward-looking information. While subsequent events and developments may cause the Group’s expectations, estimates and views to change, the Group does not undertake or assume any obligation to update or revise any forward-looking information, except as required by applicable securities laws. The forward-looking information contained in this release should not be relied upon as presenting the Group’s expectations, estimates and views as of any date subsequent to the date of this release. All of the forward-looking information in this release is expressly qualified by this cautionary note.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: JPJ Group plc

ReleaseID: 558024

Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Novartis AG (NVS)

NEW YORK, NY / ACCESSWIRE / August 30, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Novartis AG(“Novartis” or the Company”) (NASDAQ:NVS). Investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/nvs.

The investigation concerns whether Novartis and certain of its officers and/or directors have violated federal securities laws.

On August 6, 2019, the U.S. Food and Drug Administration (“FDA”) announced that Novarits had submitted its biologics license application (“BLA”) for its gene therapy drug, Zolgensma, and that data in the application had been manipulated. The announcement continued to state that the Company “became aware of the issue of the data manipulation that created inaccuracies in their BLA before the FDA approved the product yet did not inform the FDA until after the product was approved.” Novartis is currently under FDA investigation and may be subject to further penalties.

Following this news, Novartis stock dropped $2.50 per share, or roughly 3%, to close at $88.22 on August 6, 2019.

If you are aware of any facts relating to this investigation, or purchased Novartis shares,you can assist this investigation by visiting the firm’s site: www.bgandg.com/nvs. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 558023