Monthly Archives: December 2019

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

NEW YORK, NY / ACCESSWIRE / December 11, 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.

Pareteum Corporation (NASDAQ:TEUM)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/pareteum-corporation-loss-submission-form?prid=4822&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.

Azz, Inc. (NYSE:AZZ)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/azz-inc-loss-submission-form?prid=4822&wire=1
Lead Plaintiff Deadline: January 3, 2020
Class Period: July 3, 2018 to October 8, 2019

Allegations against AZZ include that: (1) the Company's internal controls over financial reporting were not effective; (2) the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations; 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.

Plantronics, Inc. (NYSE:PLT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/plantronics-inc-loss-submission-form?prid=4822&wire=1
Lead Plaintiff Deadline: January 13, 2020
Class Period: July 2, 2018 to November 5, 2019

Allegations against PLT 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; (3) the Company had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; and (4) 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.

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: 569856

Berkeley Skydeck Becomes First Silicon Valley Accelerator in the Universal Music Group Global Accelerator Network

BERKELEY, CA and SANTA MONICA, CA / ACCESSWIRE / December 11, 2019 / UC Berkeley's premier accelerator, Berkeley SkyDeck, has joined efforts with Universal Music Group (UMG) in fostering entrepreneurial innovation in the digital music industry as the newest partner of the UMG Accelerator Engagement Network.

Founded in 2012, Berkeley SkyDeck is an elite global accelerator focusing on accelerating top startups from all ten of the UC campuses and from around the world. By partnering with industry leader UMG, SkyDeck is increasing outreach to startups that will define the future of digital music. UMG will help connect this next generation of music startups into the ecosystem by providing expert mentorship, support, and industry insight during and after each company's participation in the SkyDeck program.

"Berkeley SkyDeck welcomes startups who are disrupting industries and changing the world. We are excited to reach out to startups creating new and creative solutions for the music industry," said Caroline Winnett, Executive Director of Berkeley SkyDeck.

"We are delighted to welcome Berkeley SkyDeck as the first West Coast member of our accelerator network. SkyDeck has a tremendous track record of connecting startups to the deep resources available at UC Berkeley and in the broader Silicon Valley ecosystem and we look forward to working together to foster a new generation of music tech startups," said Tuhin Roy, Senior Vice President, New Digital Business and Innovation at Universal Music Group.

Other companies in UMG's Accelerator Engagement Network include APX by Axel Springer and Porsche (Berlin), NYC Media Lab (New York), SparkLabs (Seoul and Taipei), LeanSquare (Belgium), Chinaccelerator (Shanghai), Paris&Co's LINCC (Paris), Ryerson University's Music Den (Toronto) and the Melbourne Accelerator Program (Melbourne).

About Universal Music Group
Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically-acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. Universal Music Group is a Vivendi company. Find out more at: www.universalmusic.com.

About Berkeley SkyDeck

Berkeley SkyDeck is a top global accelerator. Named by Forbes in January 2019 as one of the top five university accelerators, SkyDeck is UC Berkeley's largest startup accelerator and a joint program of the UC Berkeley Haas School of Business, the College of Engineering, and the Office of the Vice Chancellor for Research. SkyDeck combines the hands-on mentorship of traditional accelerators with the vast resources of its research university. Participating startups have access to SkyDeck's 200 advisors, 50 industry partners, and a network of more than 500,000 UC Berkeley alumni. For more information, see skydeck.berkeley.edu.

MEDIA INQUIRIES:

Andy Fixmer
Universal Music Group
Tel: 310 865 0132

SOURCE: UC Berkeley SkyDeck

ReleaseID: 569797

Glenbriar Technologies Inc. Announces Changes to Its Board of Directors

VANCOUVER, BC / ACCESSWIRE / December 11, 2019 / Glenbriar Technologies Inc. ("Glenbriar" or the "Company") (CSE:GTI.X) announces the appointment of Mr. Charlie Lamb to its Board of Directors, and the resignation of Mr. Yahoel Van Essen from the Board.

"The Company recognizes Mr. Van Essen's commitment to building Eleos Robotics at this time and is thankful for his contributions as a Director, concurrently, we are excited to welcome Charlie Lamb and his skillset to the Board as we advance our plans," said Mr. Doug Taylor, President of Glenbriar.

Charlie has over 10 years of experience working as a Canadian corporate and securities lawyer at a large international law firm in New York. With extensive cross-border corporate and securities law experience, Charlie has worked on numerous corporate transactions, including mergers and acquisitions, public and private offerings of securities for investment funds, private equity funds and other alternative investment vehicles in the Canadian markets. He also has significant experience advising broker dealers, advisers and investment fund managers on Canadian compliance.

About Glenbriar Technologies Inc.

Company Description: In November 2017 Glenbriar Technologies Inc. (CSE: GTI.X) sold its IT business to Uniserve Communications Corporation (TSX-V: USS), and is currently in an agreement to acquire Eleos Robotics subject to financing and product development milestones.

For further information, please contact:

Doug Taylor, President and CEO
Investor Relations
Telephone: 1 (604) 343-2977
E-mail: dougt@shaw.ca

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions,

partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", should","would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Glenbriar Technologies Inc.

ReleaseID: 569852

RESAAS Announces Avis Budget Group as New Advertising Client

VANCOUVER, BC / ACCESSWIRE / December 11, 2019 / RESAAS Services Inc. (TSXV:RSS)(OTCQB:RSASF), a technology platform for the real estate industry, is pleased to announce that Avis Budget Group has signed to advertise throughout the RESAAS network.

Avis Budget Group is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world. Avis Budget Group has approximately 30,000 employees and is headquartered in New Jersey, USA.

RESAAS will deliver promotions for both Avis and Budget car rental offers using its proprietary AdSAAS™ advertising engine. The two-year agreement was executed on September 19th 2019.

"We're delighted to partner with RESAAS to provide members with transportation that's both convenient and affordable," said Derek Schofield, Regional Manager of Global Partnerships and Travel at Avis Budget Group.

The partnership provides RESAAS members with a preferred discount of up to 25% off base rates for car rental globally.

"The number of international referrals that RESAAS facilitates is rapidly increasing, often resulting in an agent or their client needing to travel," said RESAAS CEO, Tom Rossiter. "RESAAS has agents in over 160 countries, so partnering with Avis Budget Group allows us to bring even more value to RESAAS subscribers on a global basis."

###

About RESAAS Services Inc.

RESAAS is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis.

Visit www.resaas.com for more information.

For further information contact:

Don Mosher
RESAAS Services Inc.
Tel: +1 (604) 685-6465 Email: don.mosher@resaas.com

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from RESAAS Services Inc.'s expectations and projections.

SOURCE: RESAAS Services Inc.

ReleaseID: 569845

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

NEW YORK, NY / ACCESSWIRE / December 11, 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.

Baxter International Inc. (NYSE:BAX)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/baxter-international-inc-loss-submission-form?prid=4821&wire=1
Lead Plaintiff Deadline: January 24, 2020
Class Period: February 21, 2019 to October 23, 2019

Allegations against BAX include that: (1) certain intra-Company transactions, undertaken for the purpose of generating foreign exchange gains and losses, used foreign exchange rate conventions that were not in accordance with GAAP and enabled intra-Company transactions to be undertaken after the related exchange rates were already known; (2) the Company lacked effective internal control over financial reporting; (3) as a result, the Company's financial statements were misstated and would likely require correction or amendment; (4) due to the Company's internal investigation, Baxter would not be able to file its quarterly report for the period ending September 30, 2019, with the SEC on Form 10-Q in a timely manner; and (5) as a result of the foregoing, Defendants' statements about the Company's business and operations lacked 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=4821&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=4821&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: 569855

SHAREHOLDER ALERT: SEE WSG YJ: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / December 11, 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.

Sealed Air Corporation (NYSE:SEE)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/sealed-air-corporation-loss-submission-form?prid=4820&wire=1
Lead Plaintiff Deadline: December 31, 2019
Class Period: November 5, 2014 to August 6, 2018

Allegations against SEE include that: (a) Sealed Air had hired its auditor, E&Y, pursuant to a conflicted and improper process and in order to help facilitate defendants' efforts to engage in accounting fraud; (b) Sealed Air's deduction of $1.49 billion in connection with the Settlement was indefensible and done for the improper purpose of artificially inflating the Company's financial results; (c) Sealed Air had artificially inflated its earnings, cash flows, and operating income during the Class Period; (d) as a result of the above, Sealed Air's Class Period financial statements were materially false and misleading and not prepared in conformance with GAAP; and (e) as a result of the above, Sealed Air's statements regarding its financial results, business, and prospects were materially misleading.

Wanda Sports Group Company Limited (NASDAQ:WSG)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/wanda-sports-group-company-limited-loss-submission-form?prid=4820&wire=1
Lead Plaintiff Deadline: January 17, 2020
Class Period: Wanda Sports' securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Wanda Sports' July 26, 2019 initial public offering.

Allegations against WSG include that: (1) the lack of major sporting events for its Digital, Production, Sports Solutions ("DPSS") and Spectator Sports segments for its second quarter of 2019, ending before the initial public offering, would negatively impact revenue for the second quarter of 2019; (2) Wanda Sports had suffered a year-over-year decrease in revenue in its second quarter ended June 30, 2019 and would for its fiscal year 2019, primarily related to lower reimbursement revenues accounted for in its DPSS segment and lack of Spectator Sport segment offsets; and (3) 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.

Yunji Inc. (NASDAQ:YJ)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/yunji-inc-loss-submission-form?prid=4820&wire=1
Lead Plaintiff Deadline: January 13, 2020
Class Period: on behalf of shareholders who purchased or otherwise acquired Yunji American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's May 2019 initial public offering.

Allegations against YJ include that: (1) the Company was shifting certain of its sales to its marketplace platform; (2) this supply chain restructuring was likely to disrupt Yunji's relationships with suppliers; (3) this supply chain restructuring was likely to have an adverse impact on the Company's financial results; and (4) 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.

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: 569854

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of UNIT, INFY and FCAU

NEW YORK, NY / ACCESSWIRE / December 11, 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.

Uniti Group Inc. (NASDAQGS:UNIT)

Investors Affected : April 20, 2015 – February 15, 2019

A class action has commenced on behalf of certain shareholders in Uniti Group Inc. The filed complaint alleges that defendants 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/uniti-group-inc-loss-submission-form/?id=4826&from=1

Infosys Limited (NYSE:INFY)

Investors Affected : July 7, 2018 – October 20, 2019

A class action has commenced on behalf of certain shareholders in Infosys Limited. The filed complaint alleges that defendants 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/infosys-limited-loss-submission-form/?id=4826&from=1

Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

Investors Affected : February 26, 2016 – November 20, 2019

A class action has commenced on behalf of certain shareholders in Fiat Chrysler Automobiles NV. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) as a result, Defendants' statements about Fiat's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/fiat-chrysler-automobiles-n-v-loss-submission-form/?id=4826&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: 569860

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of QUAD, TIGR and REZI

NEW YORK, NY / ACCESSWIRE / December 11, 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.

Quad/Graphics, Inc. (NYSE:QUAD)
Class Period: February 21, 2018 to October 29, 2019
Lead Plaintiff Deadline: January 6, 2020

Quad/Graphics, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's book business in United States was underperforming; (2) as a result, the Company was likely to divest its book business; (3) the Company was unreasonably vulnerable to decreases in market prices; (4) to remain financially flexible while market prices decreased, the Company was likely to cut its quarterly dividend and expand its cost reduction programs; and (5) as a result of the foregoing, positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in QUAD: http://www.kleinstocklaw.com/pslra-1/quad-graphics-inc-loss-submission-form?id=4825&from=1

UP Fintech Holding Limited (NASDAQ:TIGR)
Class Period: all persons and entities that purchased or otherwise acquired: (a) Fintech American Depository Shares pursuant and/or traceable to the Company's initial public offering conducted on or about March 20, 2019; or (b) Fintech securities between March 20, 2019 and May 16, 2019.
Lead Plaintiff Deadline: January 6, 2020

The complaint alleges that during the class period UP Fintech Holding Limited made materially false and/or misleading statements and/or failed to disclose that: (i) Fintech was experiencing a material decrease in commissions because of a negative trend related to risk-averse investors in the market; (ii) Fintech was unable to absorb costs associated with the rapid growth of its business and its status as a publicly listed company on a U.S. exchange; (iii) Fintech was incurring significant additional expenses related to, inter alia, employee headcount and employee compensation and benefits; (iv) all of the foregoing had led to Fintech significantly increasing operating costs and expenses; and (v) as a result, the documents filed by the Company in connection with the initial public offering were materially false and/or misleading and failed to state information required to be stated therein, and the Company's Class Period statements were likewise materially false and/or misleading.

Learn about your recoverable losses in TIGR: http://www.kleinstocklaw.com/pslra-1/up-fintech-holding-limited-loss-submission-form?id=4825&from=1

Resideo Technologies, Inc. (NYSE:REZI)
Class Period: October 29, 2018 to October 22, 2019
Lead Plaintiff Deadline: January 7, 2020

During the class period, Resideo Technologies, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) the negative operational effects of the Company's spin-off from Honeywell International Inc. were more substantial and persistent than disclosed and had negatively affected Resideo's product sales, supply chain, and gross margins, putting the Company's FY19 financial forecasts at risk; and (b) as a result of the foregoing, the Company's financial guidance lacked a reasonable basis and the Company was not on track to make its FY19 guidance as claimed.

Learn about your recoverable losses in REZI: http://www.kleinstocklaw.com/pslra-1/resideo-technologies-inc-loss-submission-form?id=4825&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: 569859

CLASS ACTION UPDATE for GRUB, HEXO and PRU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / December 11, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine your eligibility and get free access to our shareholder support tools that provide you with case updates, automated loss calculations and claims recovery assistance, please contact the firm via the links below. There will be no cost or obligation to you.

Grubhub Inc. (NYSE:GRUB)

GRUB Lawsuit on behalf of: investors who purchased July 30, 2019 – October 28, 2019
Lead Plaintiff Deadline : January 20, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/grubhub-inc-loss-form?prid=4824&wire=1

According to the filed complaint, during the class period, Grubhub Inc. 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.

HEXO Corp. (NYSE:HEXO)

HEXO Lawsuit on behalf of: investors who purchased January 25, 2019 – November 15, 2019
Lead Plaintiff Deadline : January 27, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/hexo-corp-loss-form?prid=4824&wire=1

According to the filed complaint, during the class period, HEXO Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) HEXO's reported inventory was misstated as the Company was failing to write down or write off obsolete product that no longer had value; (2) HEXO was engaging in channel-stuffing in order to inflate its revenue figures and meet or exceed revenue guidance provided to investors; (3) HEXO was cultivating cannabis at its facility in Niagara, Ontario that was not appropriately licensed by Health Canada; and (4) 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.

Prudential Financial, Inc. (NYSE:PRU)

PRU Lawsuit on behalf of: investors who purchased February 15, 2019 – August 2, 2019
Lead Plaintiff Deadline : January 27, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?prid=4824&wire=1

According to the filed complaint, during the class period, Prudential Financial, Inc. 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.

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

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

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

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 569858

GRN Holding Corporation Signs Strategic Non-Binding Letter of Intent with Squad Drone

SEATTLE, WA / ACCESSWIRE / December 11, 2019 / GRN Holding Corporation, (OTC PINK:GRNF, the "Company"), announced it has signed non-binding letter of intent to purchase Squad Drone (www.squad-drone.com) and launch its delivery drone program. This program will license its drones and technology to state-registered hemp and cannabis companies to deliver business-to-business (B2B) orders.

The fleet of drones has been undergoing testing and customization for the industry over the last year and consists of six drones with a payload of up to 40 kilograms and delivery range of 10 km. The drones will be outfitted with a highly accurate advanced GPS navigation system and a digital signature interface. The drones will also be outfitted with the CannaTrac payment system for closed loop payments on delivery. The application will integrate with both producers/processors and retailers.

Once due diligence is completed and material definitive agreements are executed, this intended acquisition will reflect another material change to the Company's business plans and will result in a key technological acquisition.

Squad Drone is located in Bellevue, Washington and is a division of GRN Funds.

Justin Costello, CEO of GRN Holding Corporation, stated, "It has been hard for me to keep this project a secret, because it is so cool. This is the boldest move yet in the industry we have gotten involved with, and we anticipate that we will be working diligently with state regulators to make sure the technology meets the regulatory standards and requirements set forth in various states. We anticipate the entire industry will adopt this where applicable."

Logistics and security are a large cost to the industry. We expect to remove about 80% of costs, increase delivery timelines/safety, and develop a more eco-sensitive process for getting product from point A to point B. The drones are battery operated but have a hybrid system that acts to recharge and extend flight times if needed. All the flights will be monitored by a command center in Seattle and operated by a licensed pilot. We expect hiring about 20 employees in the various cities to hook the drones into charge ports, calibrate them, and ensure the safety totes and computer systems pass flight requirements.

Tom Gavin, CEO of CannaTrac, stated: "It's awesome that our company can be part of something so groundbreaking while helping to create cashless safety standards for the hemp and cannabis industry. This hits all the needed elements for a true market disruptor. In speaking with Justin, basically the cost to run and operate a drone is 1/10th of a van or sprinter, so this is not some move to change an industry on just policy or technology, this will change an industry based on safety and cost savings as well."

The letter of intent is not binding and is subject to the completion of due diligence, financial audits, and the execution of a material definitive agreement, which the Company expects to diligently complete and disclose in follow-up press releases and in its SEC filings.

About GRN Hold Corporation

GRN Holding Corporation (OTC:GRNF) is a Nevada-registered publicly traded company.

For more information, please contact:

Debbie Pace

IR@grnholding.com

Forward-looking Statements

This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "expect", "project", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

SOURCE: GRN Holding Corporation

ReleaseID: 569853