Monthly Archives: December 2019

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Merit Medical Systems, Inc. – MMSI

NEW YORK, NY / ACCESSWIRE / December 14, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Merit Medical Systems, Inc. ("Merit" or the "Company") (NASDAQ:MMSI). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether 8×8 and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On July 25, 2019, post-market, Merit announced its financial and operating results for the second quarter of 2019. The Company announced net income of $6.9 million, or $0.12 per share, compared to $10.9 million, or $0.21 per share for the same period in the prior year. Merit's Chairman and Chief Executive Officer, Fred P. Lampropoulos, cited "a number of factors affecting revenues and gross margins during the second quarter," including "foreign exchange [and] slower than anticipated conversion and uptake of acquired products."

On this news, Merit's stock price fell $13.84 per share, or 25.24%, to close at $41.00 on July 26, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris 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 www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 570267

Digital Civilization Conference: Technology in the Service of Humanity

The first annual conference on Trust-Based Digital Governance will be held in Hainan, China November 2020.

Haikou, China – December 14, 2019 /PressCable/

Digital Civilization Conference was officially launched on December 4th, 2019. It is a global community, bringing together young talents and experts in multiple disciplines including technology innovation, policy making, business, academia and entrepreneurship, to address critical issues and advance towards a fairer and more trustworthy digital civilization.

Digital technology is improving multiple aspects of people’s lives. However, it is also introducing issues for individuals and societies, creating new imbalances and eroding overall trust. “Digital technology should not only benefit those who are digitally aware, but also for everyone else who doesn’t,” said Professor Bill Roscoe, Director of University College Oxford Blockchain Research Centre, at the launch event.

Addressing such critical issues, the Digital Civilization Conference’s key focus in 2020 is on “Trust-Based Digital Governance”. Global community activities will take place year-round on a continuous basis. Its community-driven essence exists to advance technology in the service of humanity. The initial members comprise experts and scholars from Oxford University, MIT, ETH Zurich, University of Luxembourg, Tsinghua University, Shanghai Jiaotong University, University College Oxford Blockchain Research Centre, Oxford-Hainan Blockchain Research Institute and other leading academic institutions. More joining hands are welcomed to create solutions to the most pressing challenges brought about by technology towards a more balanced future.

A Digital Civilization Manifesto is being published. The manifesto is authored by Professor Bill Roscoe, a leading Computer Scientist, who served as the Head of the Computer Science Department at Oxford University for 11 years. Additional publications are forthcoming. Selected DCC fellows from student winners among innovation competitions will further share their interpretation of digital civilization and how they shape its future.

According to Professor Bill Roscoe, digital civilization is a vision put together in conjunction with people in Hainan, China. It is about taking the world’s information technology forward into a new age in which transcends the current world of the internet and the world wide web. He emphasized that encompassing them into a world where things are organized in a civilized way via distributed ledger technology like blockchain is of great priority. He envisions blockchain technology, a civilizing influence, can help to ensure the rules of society, the rules of how to use data, the rules of e-government and the rules of finance are properly and fairly applied around the world, but with particular jurisdictions, for different rules for different countries. In addition, the essence of digital civilization should be reliable data governance and data sharing under the premise of security and privacy protection.

Principles of digital civilization are shared in the manifesto. All individuals and organizations are encouraged to join the DCC global initiative, and together shape the future of digital civilizations.

For more information, please contact contact@dcc.global

Join the conversation on social media and follow DCC on LinkedIn, Twitter, Facebook, Instagram and Wechat.

***************

The technology of digital civilization will create a mechanism for ensuring that interactions between players: individual users, companies large and small, public service providers, researchers, regulators and government, respect the rights and privileges of those involved. Furthermore, users are assisted in making decisions about how to allow their data to be used.

Contact Info:
Name: Eric Wang
Email: Send Email
Organization: Digital Civilization Conference
Address: Digital Civilization Conference, Haikou, Hainan, China
Phone: +86-135-2116-4579
Website: https://www.facebook.com/GlobalDCC/

Source: PressCable

Release ID: 88939335

2-DAY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages ADTRAN (ADTN) Investors with Losses to Contact Its Attorneys, Application Deadline Approaching

SAN FRANCISCO, CA / ACCESSWIRE / December 14, 2019 / Hagens Berman urges ADTRAN, Inc. (NASDAQ:ADTN) investors who have suffered losses in excess of $50,000 to submit their losses now to learn if they qualify to recover compensable damages. Only two days remain until the December 16, 2019 lead plaintiff deadline in a securities fraud class action pending against the company.

Class Period: Feb. 28, 2019 – Oct. 9, 2019
Lead Plaintiff Deadline: Dec. 16, 2019
Sign Up Now: https://www.hbsslaw.com/investor-fraud/ADTN
Contact An Attorney Now: ADTN@hbsslaw.com
844-916-0895

ADTRAN (ADTN) Securities Class Action:

According to the complaint, throughout the Class Period, Defendants misrepresented and concealed: (1) that there were material weaknesses in the Company's internal control over financial reporting; (2) that, as a result, certain excess and obsolete inventory ("E&O") reserves had been improperly reported; (3) that, as a result, the Company's financial results for certain periods were misstated; (4) that there would be a pause in shipments to the Company's Latin American customer; and (5) that, 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.

The Complaint alleges that on July 17, 2019, the Company announced "preliminary" earnings for second quarter 2019 due to its ongoing assessment of the reasonableness of its current and previously reported E&O reserves. On this news, the Company's share price fell $3.69 per share, over 23%, to close at $12.13 per share on July 18, 2019, thereby injuring investors.

"We're focused on investors' losses and whether ADTRAN and senior executives intentionally misled investors by failing to timely write off unsalable inventory," said Hagens Berman partner Reed Kathrein.

If you purchased shares of ADTN and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding ADTRAN should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email ADTN@hbsslaw.com.

# # #

About Hagens Berman

Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 570250

Online Car Insurance Quotes Will Help Drivers Save Money

LOS ANGELES, CA / ACCESSWIRE / December 14, 2019 / Compare-autoinsurance.org (http://compare-autoinsurance.org) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. Drivers can get quotes from multiple agencies and compare prices on a single results webpage.

Drivers should know that auto insurance costs can be lowered. Since some rating factors are under policyholder's control, that means that there are multiple strategies that can be applied. Also, it is recommended to shop online using free quotes provided by http://compare-autoinsurance.org.

The following strategies will help lower the costs:

Get higher deductibles. Deductibles represent the sum of money the client must pay before the insurance policy kicks in. By requesting higher deductibles, the insurance costs will lower substantially. For example, increasing the deductible from $200 to a $1,000 deductible can save 40 percent or more. Before choosing a higher deductible, be sure to have enough money set aside to pay it when making a claim.

Drop unnecessary policies. Consider dropping collision and/or comprehensive coverages on older cars. If the vehicle is worth less than 10 times the premium, purchasing the coverage may not be cost-effective. Auto dealers and banks can tell the worth of cars.

Enroll in a defensive driving course. Insurance companies will provide a discount for those that complete an approved defensive driving course. Also, sometimes a driver can reduce the number of points he or she has on his or her license by taking defensive driving, accident prevention or other courses. Ask the insurance company about this discount.

Ask for a low mileage discount. Some companies offer discounts to motorists who drive a lower than the average number of miles per year. Low mileage discounts can also apply to drivers who carpool to work.

Ask for all available discounts. Clients should ask the company for a list with discounts and then check for how many they qualify for.

Compare-autoinsurance.org an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org

"All drivers want to pay less on auto insurance. But in order to get cheaper coverage, they must use certain strategies. Check more tips on our website," said Russell Rabichev, Marketing Director of Internet Marketing Company.

CONTACT:

Company Name: Internet Marketing Company
Person for contact Name: Gurgu C
Phone Number: (818) 359-3898
Email: cgurgu@internetmarketingcompany.biz

Website: http://compare-autoinsurance.org/

SOURCE: Internet Marketing Company

ReleaseID: 570281

The Best Ways To Get Cheap Car Insurance

LOS ANGELES, CA / ACCESSWIRE / December 14, 2019 / Autocarinsurancecheap.com has released a new blog post explaining how to get cheap car insurance!

Driving without insurance is not recommended at all. Being involved in an accident will leave tremendous financial repercussions, especially if the guilty driver is uninsured. Avoid coverage gaps and get free quotes. Websites like http://autocarinsurancecheap.com/ help drivers find better coverage!

The first step in getting cheaper premiums is knowing which factors are under the driver's control:

Car insurance companies like safe vehicles. A good way to reduce the premiums is to install an aftermarket safety and tracking device. Not only will the driver be safer on the roads, but he will recoup and save money in the long term. Before installing those devices, it is wise to consult with an insurance agent. Ask if the devices are approved, will be covered by insurance and if they will make the driver eligible for a safety discount.

Adjusting deductibles is another way to lower the bill. Increasing the overall deductible amount will lower the premiums. Just make sure to purchase a deductible level that it is comfortable to pay.

Driver's education matters a lot. This is why most of the companies provide discounts to those who graduated defensive driving courses. However, those courses must be approved by insurance companies.

Being a safe driver is even better. Drivers with clean records and no claims in the past 3 to 5 years are greatly appreciated by companies. Ask for a no-claim bonus!

Autocarinsurancecheap.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit https://autocarinsurancecheap.com/how-to-get-cheap-car-insurance/.

"Comparing auto insurance quotes in an efficient way to look for cheaper coverage. Clients should review as many offers as possible," said Russell Rabichev, Marketing Director of Internet Marketing Company.

CONTACT:

Company Name: Internet Marketing Company
Person for contact Name: Gurgu C
Phone Number: (818) 359-3898
Email: cgurgu@internetmarketingcompany.biz

Website: http://autocarinsurancecheap.com/

SOURCE: Internet Marketing Company

ReleaseID: 570280

SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Grubhub Inc. and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Grubhub Inc. ("Grubhub" or "the Company") (NYSE:GRUB) for violations of securities laws.

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: 570273

INVESTOR ALERT: Monteverde & Associates PC Is Investigating The Following Transaction

NEW YORK, NY / ACCESSWIRE / December 14, 2019 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating:

Carbonite, Inc (CARB) related to its sale to Open Text Corporation. Under the terms of the transaction, Carbonite shareholders will receive $23.00 in cash for each share of Carbonite common stock owned. Click here for more information: https://www.monteverdelaw.com/case/carbonite-inc. It is free and there is no cost or obligation to you.
Aytu BioScience, Inc. (AYTU) related to the Purchase Agreement with Cerecor Inc for its pediatric and primary care product lines. Click here for more information: https://www.monteverdelaw.com/case/aytu-bioscience-inc. It is free and there is no cost or obligation to you.
Diplomat Pharmacy, Inc. (DPLO) relating to the sale of the Company to UnitedHealth Group Incorporated. Under the terms of the Merger, Diplomat shareholders will have the right to receive $4.00 in cash for each Diplomat common stock owned. Click here for more information: https://www.monteverdelaw.com/case/diplomat-pharmacy-inc. It is free and there is no cost or obligation to you.

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019 an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.

If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:

Juan E. Monteverde, Esq.

MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2019 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC

ReleaseID: 570283

FINAL DEADLINE IMMINENT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sealed Air Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sealed Air Corporation ("Sealed Air" or "the Company") (NYSE:SEE) 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 November 5, 2014 and August 6, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before December 31, 2019.

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. Sealed Air improperly deducted $1.49 billion related to the settlement of asbestos liabilities from its taxes to artificially inflate its financial performance. The Company switched auditors to help facilitate this fraud. On August 6, 2018, the Company admitted that it had received a subpoena from the SEC related to the Company's accounting for taxes and financial disclosures. 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 Sealed Air, 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:

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

SOURCE: The Schall Law Firm

ReleaseID: 570274

FINAL DEADLINE MONDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against ADTRAN, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against ADTRAN, Inc. ("ADTRAN" or "the Company") (NASDAQ:ADTN) 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 28, 2019 and October 9, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before December 16, 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. ADTRAN suffered from material weaknesses in its internal controls over financial reporting. Due to this weakness, E&O reserves were improperly reported, resulting in the Company's financial results being misstated. 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 ADTRAN, 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:

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

SOURCE: The Schall Law Firm

ReleaseID: 570275

FINAL DEADLINE MONDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Domo, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 14, 2019 /  The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Domo, Inc. ("Domo" or "the Company") (NASDAQ:DOMO) for violations of the federal securities laws.

Investors who purchased the Company's securities pursuant and/or traceable to the Company's initial public offering ("IPO" or "Offering") commenced on or around June 29, 2018, or between June 28, 2018 and September 5, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before December 16, 2019.

f 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. Domo suffered weakness in its enterprise business as well as in international sales. The Company's growth of billings had slowed considerably. These issues were likely negatively impact the Company's financial results. 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 Domo, 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: 570276