Monthly Archives: December 2019

ROSEN, A NATIONAL LAW FIRM, Announces First Federal Securities Class Action Lawsuit Against The RealReal, Inc. – REAL

NEW YORK, NY / ACCESSWIRE / December 12, 2019 / Rosen Law Firm, a national law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of The RealReal, Inc. (NASDAQ:REAL) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with RealReal's June 2019 initial public stock offering (the "IPO" or the "Offering"). The lawsuit seeks to recover damages for RealReal investors under the federal securities laws.

To join the RealReal class action, go to http://www.rosenlegal.com/cases-register-1678.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.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 RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) the Company's employees received little training on how to spot fake items; (2) the Company's strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through the Company's authentication process was higher than disclosed; and (4) as a result, defendants' statements about RealReal's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 24, 2020. 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://www.rosenlegal.com/cases-register-1678.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action

settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

ReleaseID: 570093

Schlesinger Law Offices, P.A. obtains $6.5 million verdict for child severely injured on carnival ride in Broward County

FORT LAUDERDALE, FL / ACCESSWIRE / December 12, 2019 / Schlesinger Law Offices, P.A. has secured a $6.525 million judgement on behalf of a Broward County family whose 11-year-old child was injured on a carnival ride in 2011. A Broward County jury decided on Dec. 6, 2019 that The Celebration Source, Inc. – a Hollywood, FL. based company, must pay $6.3 million in compensatory damages, and an additional $225,000 in punitive damages, to Elizabeth Frank and her parents.

On December 17, 2011 the Frank's, members of the Seminole Indian Tribe of Florida, attended a Holiday Carnival that was located on the Seminole Indian Reservation near Hollywood. The carnival, run by The Celebration Source, Inc. operated the majority of the rides at the event, including the Psycho Swing, a portable swing apparatus that allows a rider to safely perform forward or backward loops while in a standing position.

However, Elizabeth Frank, just 11 years old at the time of the accident, sustained permanent injuries including a fractured skull and numerous broken bones throughout her body, after she was ejected from the Swing.

Schlesinger Law attorneys argued at trial that The Celebration Source, Inc. operated the swing on the day of the accident in an unreasonably dangerous condition, as it was missing essential safety equipment, including the required safety harness, and failed to adequately train the ride operator on the swing's critical and mandatory safety procedures. As a result, Elizabeth Frank suffered severe and permanent injuries that required extensive medical treatment.

"There is simply no excuse for cutting corners and compromising safety when you're operating an amusement ride for children", said Bryan Hofeld, one of Frank's attorneys, "and Celebration Source failed to provide its operators with instructional materials or training. As a result, an innocent child was harmed."

While Ms. Frank has courageously fought to overcome this life altering incident, she continues to suffer both physically and cognitively as a result of this traumatic accident.

"Families expect their local fairs to be fun experiences," said Scott P. Schlesinger, the firm's founding attorney. "They should be able to attend these events knowing that the rides are exciting but also safe."

Elizabeth Frank and her parents are represented by Bryan Hofeld, David Silverman, and Zane Berg of Schlesinger Law Offices, PA.

The case is Elizabeth Frank et al. v. The Celebration Source Inc., case number CACE-15-7393-03, in the 17th Judicial Circuit Court of the State of Florida.

Contact: Lauren Berger lberger@boardroompr.com

SOURCE: Schlesinger Law Offices PA

ReleaseID: 570091

Global Largest Induction Lighting Supplier TZLIGHT Estimates Its 2020 Revenue On LED Lighting Will Exceed Induction Lighting

TAIZHOU, CHINA / ACCESSWIRE / December 13, 2019 / Regarding the Chinese and Global largest Induction Lighting Supplier, Taizhou Lumen Lighting Co., Ltd (TZLIGHT) announces their revenue on LED Lighting products has been equal to Induction Lighting Products till the end of Q3, 2019. By the trend, it will be no doubt that the LED Lighting products' income will exceed the one from Induction Lighting products in 2020.

Induction Lighting was always recognized as China's key technology in the lighting area, which let it compete with Western lighting technology. Since there's no electrodes of the Induction Lighting which leads to lifespan as high as 100,000 hours, the Induction Lighting technology is considered as the 4th generation light source together with LED Lighting. However, it turns out that the LED Lighting products have a greater development and have squeezed the Induction Lighting market a lot. Nowadays, people are mainly using LED Lighting products in their homes and on the streets. Induction Lighting has become a niche product which is left for few specific areas, for instance Induction High Bay Lighting used in factories, workshops and warehouses.

The data for Q1-Q3 2019 released by TZLIGHT verifies their main income of Induction Lighting products has been from the Niche market, namely the Induction High Bay Lighting where used for warehouses and workshops. TZLIGHT has been involved in the initial commercialization of Induction Lighting from the start, and it has been recognized as the largest supplier of Induction Lighting since 2018. Borgan Lin, CEO of TZLIGHT, doesn't deny the decrease in size of the Induction Lighting market. Nevertheless, he thinks that the role of Induction Lighting is more suitable now than it has been in the past. "Just like a man, should do for his skilled thing. Induction Lighting is a very soft surface light without glare, with its innate advantage of Industrial application. It's good enough to have it well done, even with a limited application area", said by Borgan, "Fortunately we have maintained a positive growth and gained a loyal group of customers over the years. We will not give up the market but will increase the investment instead. In the next decade, we will continue to better serve our Induction Lighting clients".

Another key player JKLIGHTING is experiencing this as well, and it seems that this is common phenomenon in the whole Induction Lighting industry. That's why 5 Years ago, the vision of the company TZLIGHT has been clear and it has launched its strategic shift to LED Lighting.

Compared to its superiority in the Induction Lighting area, TZLIGHT keeps a low profile in the LED Lighting market. However, with its the fast development of LED Lighting products, the company's revenue from LED Lighting products is approaching the one generated by its key product Induction Lighting. According to Borgan's release, they firstly entered into the LED Street Lighting area sourcing from their gene of Induction Industrial Lighting, then directly or indirectly participated in several African LED Street Lighting projects which funded by the World Bank, and received a good reputation. "In 2019, we are working on a better All In One LED Solar Street Light for easier installation, less investment and larger scale use of clean energy", said by Borgan Lin.

It is acknowledged that there's fierce competition in the LED Lighting industry especially when it comes to developed markets. TZLIGHT LED Lighting products have been focusing more on new emerging markets like Africa, Southeast Asia and South America, and new products have been created for a specific demand. For instance, the high efficiency LED Smart Rechargeable Bulbs were brought to prevent safety hazards and inconvenience when there was lack of electricity in some African countries. With a rapid development of 10 years, the series of TZLIGHT LED Lighting products have been relatively complete, whatever indoors or outdoors lighting.

Based on its market performance, we expect that TZLIGHT will continue to be leader in the field of Induction Lighting, but its revenue ratio will gradually get lower than the one from LED Lighting. Considering the wider applications and the bigger market size of LED Lighting, there will still be a big imagination space and exceptional growth for TZLIGHT. Not too far away, more new things like intelligent LED Lighting products are deserved to expect in the coming 5G era.

About Taizhou Lumen Lighting Co., Ltd

Taizhou Lumen Lighting Co., Ltd (TZLIGHT) is a leading LED and Induction Lighting manufacturer in China and the UK. The business of TZLIGHT is mainly on R&D for cost effective LED Lighting products and Induction Lighting products, supplying the market with the best lighting system for industrial and commercial lighting. Over the years TZLIGHT has established itself as a global leader in the Induction Lighting industry.

Contact Information Of Taizhou Lumen Lighting Co., Ltd
Contact Name: Borgan Lin
Email: borgan@tzlight.com
Phone Number: +86 13626645066
Company Name: Taizhou Lumen Lighting Co., Ltd
Website: www.tzlight.com

SOURCE: Taizhou Lumen Lighting Co., Ltd

ReleaseID: 570088

Golden Dawn Provides a Business Status Update

This press release, required by applicable Canadian laws, is not for distribution to U.S. newswire services or for dissemination in the United States

VANCOUVER, BC / ACCESSWIRE / December 12, 2019 / Golden Dawn Minerals Inc., (TSXV:GOM)(OTC:GDMRF)(FRANKFURT:3G8B), ("Golden Dawn" or the "Company"), is providing this update of the status of the debt reorganization and restructuring plans since its last report on October 18, 2019. The debt reorganization and restructuring centres on an agreement (the "Debt Reorganization Agreement") between the Company and 1136130 B.C. Ltd. ("1136130"), pursuant to which the Company can convert a significant amount of its existing liabilities into equity and favourably amend the terms of its remaining senior secured liabilities owing to RIVI Opportunity Fund LP ("RIVI") (the "Debt Reorganization Transactions").

To afford the Company additional time to fully implement the Debt Reorganization Transactions, RIVI and 1136130 have reached an agreement with the Company pursuant to which the Company made a $250,000 payment to RIVI against the Debt Reorganization Agreement commitments in consideration of RIVI extending the deadline for the Company to acquire and exercise the rights under the Debt Option Agreement to November 15, 2019. Since that time, 1136130, the Company and RIVI have been adhering to an informal forbearance which they collaborate on how best to raise the additional equity capital in the Company to complete the Debt Reorganization Transactions, whether as originally conceived or as may be further amended. Presently, they are contemplating March 15, 2020 as the outside date to complete the transactions.

Coincident with its ongoing collaboration with 1136130 and RIVI, the Company is exploring options to address its liabilities owing to unsecured creditors and tax authorities, and funding for the ongoing insurance obligations for its business. The Company has encouraged several of its creditors to come forward with proposals, including conveying its openness to entertain shares-for-debt proposals. The Company remains open to entertaining such proposals and is encouraging any interested creditors to contact #604-221-8936. In the meantime, the Company expects to continue to maintain the status quo with regards to keeping its Lexington project dewatered and appropriately secured for so long as it has the funds to do so. The Company is also looking at toll milling opportunities and is currently in the process of testing mineralized material from the Kenville mine for possible milling at the Greenwood facility.

The Company is also pleased to report that it has secured new exploration permits for the Lexington property (excluding the mine lease), the Kettle River property, and has extended the permit area for the Golden Crown to include the prospective JD area on strike to the west.

The Company also confirms that it is not proceeding with the proposed private placement financing announced on September 4, 2019. Based on management's assessment of the current financing market, the Company now intends to undertake a revised non-brokered private placement of up to 10,000,000 units (the "Units") at a price of $0.08 per Unit, for gross proceeds of up to $800,000 (the "Offering"). Each Unit will consist of one common share and one a common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Company common share at an exercise price of $0.125 during the 18 month period following the closing of the Offering, provided that the Warrants will be subject to an accelerated termination if the closing price for the Company's shares on the TSX Venture Exchange (the "TSXV") is not less than $0.15 per share for 10 consecutive days. Presently, the Company does not anticipate that it will be pay any finder's fees or commissions in connection with the Offering.

Directors, officers and other insiders of the Company may participate in the Offering. Any such participation will be considered to be a "related-party transaction", within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 ("MI 61-101"). The Company intends to rely on the exemptions of the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(a) and 5.7(1) of MI 61-101 in respect of such participation by related parties.

The net proceeds from the Offering will primarily be used by the Company for continued exploration and maintenance of its Lexington project and other BC mineral exploration projects, to advance the Debt Reorganization Transactions, as well as for general working capital purposes. All securities issued in connection with the Offering will be subject to a hold period expiring four months and one day following the closing of the Offering. The Offering is subject to final acceptance by the TSXV.

On behalf of the Board of GOLDEN DAWN MINERALS INC.

Per: "Christopher R. Anderson"

Christopher R. Anderson

Chief Executive Officer

For further information, please contact:

Golden Dawn Minerals Inc. – Corporate Communications:
Tel: (604) 221-8936
Email: allinfo@goldendawnminerals.com

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to, among other things, the completion of the Debt Restructuring Transactions, seeking debt accommodation agreements with its unsecured creditors, maintenance of required insurance coverage for its business. seeking toll milling opportunities, testing material from the Kenville mine for possible milling at the Greenwood facility, possible exploration on Company properties under newly secured permits, and a proposed private placement Offering. Although the Company believes that such statements are reasonable based on current circumstances, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of significant risks and uncertainties, including the possibility that the Company will not be able to raise new financing (whether under the proposed Offering or otherwise)) in a sufficient amount to complete the Debt Reorganization Transactions, pay its other creditors or other fund the obligations necessary to preserve its assets and continue its business, not be able to reach new accommodation agreements with RIVI or any of its other creditors, encounter negative results from its ore testing and exploration work, encounter unanticipated changes in the legal, regulatory and permitting requirements for the Company's business, including its exploration programs, and fail to secure sufficient subscriptions or TSXV acceptance required to complete all or any part of the Offering. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review the Company's complete public disclosure record on SEDAR at www.sedar.com.

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

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

SOURCE: Golden Dawn Minerals Inc.

ReleaseID: 570092

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

LOS ANGELES, CA / ACCESSWIRE / December 12, 2019 /  The Schall Law Firm,a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Yunji Inc. ("Yunji" or "the Company") (NASDAQ:YJ) 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 pursuant and/or traceable to the Company's Registration Statement issued in connection with its May 2019 initial public stock offering (the "IPO" or "Offering"), are encouraged to contact the firm before January 13, 2020.

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. Yunji shifted sales to its marketplace, a restructuring likely to disrupt the Company's relationships with suppliers. The change was also likely to have a negative impact on financial results. Based on these facts, the Company's public statements were false and materially misleading throughout the IPO period. When the market learned the truth about Yunji, 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: 570083

SHAREHOLDER ALERT: MMSI AFI ET: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / December 12, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Merit Medical Systems, Inc. (NASDAQ:MMSI)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/merit-medical-systems-inc-loss-submission-form?prid=4863&wire=1
Lead Plaintiff Deadline: February 3, 2020
Class Period: February 26, 2019 to October 30, 2019

Allegations against MMSI include that: (a) the integrations of acquired companies Cianna Medical, Inc. and Vascular Insights, LLC, including their products, sales people, and R&D facilities, had caused operational disruptions and reduced sales and were months behind schedule; (b) sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during FY19; and (c) in light of the foregoing, the Company's reported financial guidance for FY19 and FY20 was made without a reasonable basis.

Armstrong Flooring, Inc. (NYSE:AFI)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/armstrong-flooring-inc-loss-submission-form?prid=4863&wire=1
Lead Plaintiff Deadline: January 14, 2020
Class Period: March 6, 2018 to November 4, 2019

Allegations against AFI include that: (1) the Company had engaged in channel stuffing to artificially boost sales; (2) the Company's internal control over inventory levels was not effective; and (3) 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

Energy Transfer LP (NYSE:ET)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/energy-transfer-lp-loss-submission-form?prid=4863&wire=1
Lead Plaintiff Deadline: January 20, 2020
Class Period: February 25, 2017 to November 11, 2019

Allegations against ET include that: (i) Energy Transfer's permits to conduct the Mariner East pipeline project in Pennsylvania were secured via bribery and/or other improper conduct; (ii) the foregoing misconduct increased the risk that the Partnership and/or certain of its employees would be subject to government and/or regulatory action, thereby depreciating the Partnership's unit value; and (iii) as a result, the Partnership's public statements were materially false and misleading at all relevant times.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 570074

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of UA, GRUB and PRU

NEW YORK, NY / ACCESSWIRE / December 12, 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.

Under Armour, Inc. (NYSE:UA)

Investors Affected : August 3, 2016 – November 1, 2019

A class action has commenced on behalf of certain shareholders in Under Armour, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Under Armour shifted sales from quarter to quarter to appear healthier, including to keep pace with their long-running year-over-year 20% net revenue growth; (2) undisclosed to the investing public, the Company had been under investigation by and cooperating with the U.S. Department of Justice and U.S. Securities and Exchange Commission since at least July 2017; and (3) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/under-armour-inc-loss-submission-form/?id=4862&from=1

Grubhub Inc. (NYSE:GRUB)

Investors Affected : July 30, 2019 – October 28, 2019

A class action has commenced on behalf of certain shareholders in Grubhub Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) customer orders were actually declining, despite the massive investments that the Company had made to spur demand for and use of its platform; (ii) Grubhub's new customer additions were generating significantly lower revenues as compared to historic cohorts because these customers were more prone to using competitor platforms; (iii) Grubhub's vaunted business model under which it secured exclusive partnerships had failed, and Grubhub needed to engage in the same aggressive nonpartnered sales tactics embraced by its competitors to generate significant revenue growth; (iv) Grubhub was required to spend substantial additional capital in order to grow revenues and retain market share in the face of heightened competitive dynamics and market saturation, eviscerating the Company's profitability; and (v) Grubhub was tracking tens of millions of dollars below its revenue and earnings guidance and such guidance lacked any reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/grubhub-inc-loss-submission-form/?id=4862&from=1

Prudential Financial, Inc. (NYSE:PRU)

Investors Affected : February 15, 2019 – August 2, 2019

A class action has commenced on behalf of certain shareholders in Prudential Financial, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) the Company's reserve assumptions failed to account for adversely developing mortality experience in the Individual Life business segment; (b) the Company was not over-reserved, but instead, its reported reserves, particularly for the Individual Life business segment, were insufficient to satisfy its future policy benefits liabilities; and (c) the Company had materially understated its liabilities and overstated net income as a result of flawed assumptions in calculating mortality experience.

Shareholders may find more information at https://securitiesclasslaw.com/securities/prudential-financial-inc-loss-submission-form/?id=4862&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: 570073

SHAREHOLDER ALERT: ADMS DOMO TEUM: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / December 12, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Adamas Pharmaceuticals, Inc. (NASDAQGM:ADMS)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/adamas-pharmaceuticals-inc-loss-submission-form?prid=4861&wire=1
Lead Plaintiff Deadline: February 10, 2020
Class Period: August 8, 2017 to September 30, 2019

Allegations against ADMS include that: (1) health insurers were excluding Adamas's primary product, GOCOVRI, from their prescription formularies or requiring patients to use "step therapy" – i.e., making patients try immediate-release amantadine prior to covering GOCOVRI; (2) the rapid increase in physicians prescribing GOCOVRI during the Class Period was not due to its efficacy; and (3) as a result of the foregoing, the Company's financial statements about Adamas's business, operations, and prospects were materially false and misleading at all relevant times.

Domo, Inc. (NASDAQ:DOMO)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/domo-inc-loss-submission-form?prid=4861&wire=1
Lead Plaintiff Deadline: December 16, 2019
Class Period: shareholders who acquired: (a) Domo common stock pursuant and/or traceable to the Company's initial public offering commenced on or around June 29, 2018; or (b) Domo securities between June 28, 2018 and September 5, 2019, both dates inclusive.

Allegations against DOMO include that: (i) Domo was experiencing weakness in its enterprise and international businesses; (ii) Domo's billings growth had dramatically slowed; (iii) all of the foregoing was reasonably likely to have a material negative impact on the Company's financial results; and (iv) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein and the Company's public statements were materially false and misleading at all relevant times.

Pareteum Corporation (NASDAQ:TEUM)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/pareteum-corporation-loss-submission-form?prid=4861&wire=1
Lead Plaintiff Deadline: December 23, 2019
Class Period: December 14, 2017 to October 21, 2019

Allegations against TEUM include that: (a) it was not true that the Company's purported success was the result of hyper-demand for Pareteum's unique products or exceptional service, or the Company's competent management; but, in fact, Defendants had propped up the Company's results by manipulating Pareteum's accounting for revenues, income, and the important Backlog metric; (b) Defendants had materially overstated the Company's profitability by failing to properly account for the Company's results of operations and by artificially inflating the Company's financial results; (c) it was not true that Pareteum contained even the most minimally adequate systems of internal operational or financial controls necessary to assure that Pareteum's reported financial statements were true, accurate, and/or reliable; (d) as a result, it also was not true that the Company's financial statements and reports were prepared in accordance with GAAP and SEC rules; and (e) as a result of the aforementioned adverse conditions, Defendants lacked any reasonable basis to claim that Pareteum was operating according to plan, or that Pareteum could achieve the guidance sponsored and/or endorsed by Defendants.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 570072

Stabilis Energy Expands Mexican Presence with Opening of LNG Transportation Hub in Northeastern Mexico

HOUSTON, TX / ACCESSWIRE / December 12, 2019 / Stabilis Energy, Inc. (OTCQX:SLNG) ("Stabilis") today announced the expansion of its Mexican liquefied natural gas ("LNG") business by opening an LNG transportation hub in Colombia, Nuevo León to serve Northeastern Mexico.

The transportation hub, located directly across the border from Laredo, Texas, will facilitate the delivery of up to 50,000 LNG gallons per day to our customers in Northeastern Mexico. LNG will be supplied by the Stabilis liquefaction facility in George West, Texas. The transportation hub will increase supply security to Stabilis customers by reducing border crossing and related logistics risks.

"Stabilis is pleased to improve access to clean, inexpensive natural gas to customers throughout Northeastern Mexico," commented Jim Reddinger, President and Chief Executive Officer of Stabilis. "This transportation hub is our first step in building a reliable, cost effective distributed natural gas network throughout Mexico."

The transportation hub is open for business. Customers can contact Stabilis at info@stabilisenergy.com or +1-866 LNG FUEL (564-3835) for more information or to place an order.

Stabilis recently formed a joint venture with CryoMex Investment Group LLC to pursue investments in distributed natural gas production and distribution assets in Mexico. CryoMex is led by Grupo CLISA, a Monterrey, Mexico-based developer and operator of businesses in multiple end markets including energy.

A business update call will be held on Wednesday, December 18, 2019 at 10:00 a.m. eastern time (9:00 a.m. central). Individuals in the United States and Canada who wish to participate in the conference call should dial +1 844-369-8770.  International callers should dial +1 862-298-0840.

A replay of the call will be available until December 24, 2019. Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 56889. International callers should dial +1 919-882-2331; passcode 56889

A replay of the call also will be available on the Stabilis website (www.stabilisenergy.com).

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutions to multiple North American end markets. We have safely delivered over 200 million gallons of liquefied natural gas ("LNG") through more than 20,000 truck deliveries during our 15-year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We provide LNG to customers in diverse end markets, including the industrial, energy, mining, utility, pipeline, commercial, and high horsepower transportation markets. Our customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Our customers also use LNG as a "virtual pipeline" solution when natural gas pipelines are not available or are curtailed. To learn more, visit www.stabilisenergy.com.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ materially from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "anticipate", "can", "believes," "expects," "could," "could be," "will," "will be," "plan," "may," "should," "predicts," "potential" and similar expressions are intended to identify such forward-looking statements.

Such forward-looking statements relate to future events or future performance, but reflect the parties' current beliefs, based on information currently available. Most of these factors are outside the parties' control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, compliance with environmental and other regulations, the availability and cost of capital, unexpected costs, and general economic conditions.

The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in our Prospectus filed with the Securities and Exchange Commission on November, 8, 2019 and "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part I of our most recent quarterly report on Form 10‐Q, as updated in our subsequent quarterly reports on Form 10‐Q and annual reports on Form 10‐K, which are available on the SEC's website at www.sec.gov or on the Investors section of our website at www.stabilisenergy.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Stabilis does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Stabilis Contact:

Andrew Puhala

Chief Financial Officer

832-456-6500

ir@stabilisenergy.com

SOURCE: Stabilis Energy

ReleaseID: 570076

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of REAL, UNIT and INFY

NEW YORK, NY / ACCESSWIRE / December 12, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

The RealReal, Inc. (NASDAQ:REAL)
Class Period: all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company’s registration statement issued in connection with the Company’s June 27, 2019 initial public offering.
Lead Plaintiff Deadline: January 24, 2020

The RealReal, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s employees received little training on how to spot fake items; (2) the Company’s strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through Company’s authentication process was higher than disclosed; and (4) as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in REAL: http://www.kleinstocklaw.com/pslra-1/the-realreal-inc-loss-submission-form?id=4860&from=1

Uniti Group Inc. (NASDAQGS:UNIT)
Class Period: April 20, 2015 to February 15, 2019
Lead Plaintiff Deadline: December 30, 2019

According to the complaint, Uniti Group Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Uniti’s financial results were not sustainable because its customer Windstream had defaulted on its unsecured notes; and (ii) as a result of the foregoing, Defendants’ statements about Uniti’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in UNIT: http://www.kleinstocklaw.com/pslra-1/uniti-group-inc-loss-submission-form?id=4860&from=1

Infosys Limited (NYSE:INFY)
Class Period: July 7, 2018 to October 20, 2019
Lead Plaintiff Deadline: December 23, 2019

The INFY lawsuit alleges that Infosys Limited made materially false and/or misleading statements and/or failed to disclose that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company’s finance team to hide information from auditors and the Company’s Board of Directors; and (4) as a result of the aforementioned misconduct, Defendants’ statements about Infosys’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in INFY: http://www.kleinstocklaw.com/pslra-1/infosys-limited-loss-submission-form?id=4860&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. 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:

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

SOURCE: The Klein Law Firm

ReleaseID: 570071