NEW YORK, NY / ACCESSWIRE / December 24, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

MYL Shareholders Click Here: https://www.zlk.com/pslra-1/mylan-n-v-loss-form?prid=5029&wire=1
TIGR Shareholders Click Here: https://www.zlk.com/pslra-1/up-fintech-holding-limited-loss-form?prid=5029&wire=1
BZUN Shareholders Click Here: https://www.zlk.com/pslra-1/baozun-inc-loss-form?prid=5029&wire=1

* ADDITIONAL INFORMATION BELOW *

Mylan N.V. (NASDAQ:MYL)

MYL Lawsuit on behalf of: investors who purchased May 9, 2018 – May 6, 2019
Lead Plaintiff Deadline : February 14, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/mylan-n-v-loss-form?prid=5029&wire=1

According to the filed complaint, during the class period, Mylan N.V. made materially false and/or misleading statements and/or failed to disclose that: (1) Mylan's Morgantown facility was in significant violation of the FDA's Current Good Manufacturing Practice regulations; (2) Mylan would need to engage in a massive restructuring and remediation program; (3) Mylan's North American Segment would be substantially impacted by said program, which would in turn materially impact Mylan's financial health; (3) Mylan lacked effective internal control over financial reporting; and (4) as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.

UP Fintech Holding Limited (NASDAQ:TIGR)

TIGR Lawsuit on behalf of: investors who purchased 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
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/up-fintech-holding-limited-loss-form?prid=5029&wire=1

According to the filed complaint, (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.

Baozun Inc. (NASDAQ:BZUN)

BZUN Lawsuit on behalf of: investors who purchased Baozun American Depository Receipts between March 6, 2019 and November 20, 2019
Lead Plaintiff Deadline : February 10, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/baozun-inc-loss-form?prid=5029&wire=1

According to the filed complaint, (a) Baozun was heavily reliant upon a single brand partner, Huawei, for the exponential service fee growth it had been reporting historically, which was in turn fueling its historical revenue growth; (b) compared to other brands Baozun had as brand partners, the Huawei work had historically included a lot of additional add-on service fees, increasing the revenue reported from Huawei vis-a-via its other brand partners; (c) Huawei, like other large brands, was actively preparing to bring its online merchandising in-house, meaning Baozun knew that it was losing a significant brand partner; and (d) as a result of the foregoing, the Company was not on track to achieve the financial results and performance Defendants claimed the Company was on track to achieve during the class period.

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: 571283

Peter Saves books were inspired by the author's son.

NEW YORK, NY / ACCESSWIRE / December 24, 2019 / Author Rosanna Guardavaccaro has published her second book in the Peter Saves series, Peter Takes the Train. Her first book, Peter Saves for a Rainy Day, was published in 2016. The books are called to teach children financial concepts in understandable language through storytelling.

In her work as a financial professional, Ms. Guardavaccaro has seen firsthand how difficult it is for adults who were never taught money management as children to become financially literate. She realized that children are capable of grasping financial concepts, just like learning their ABCs and 123s, when her then-six-year-old son, reiterated information he heard his mom tell clients, albeit in his limited vocabulary and from a child's perspective.

"My son said, ‘Mommy, I think I know what life insurance is. It's when someone passes away, and money goes to their family,' " Ms. Guardavaccaro remembered.

Her son, now eleven, now continues the journey to have a great understanding of the world of finance. Peter Takes the Train was literally written on the train from Brooklyn to Manhattan as Rosanna's son chatted with her about various financial ideas. Ms. Guardavaccaro scribbled notes on that day's edition of The Wall Street Journal, and her second book took shape. Ms. Guardavaccaro already has plans to publish the third book in the series, Peter Moves to the Big City, for junior high school students, which will focus on mortgages and debt.

Ms. Guardavaccaro believes that financial literacy is a priceless gift all parents should give their children and that children should learn the fine art of balancing saving and spending as soon as they're old enough to earn money. Peter Saves for a Rainy Day teaches first and second graders how income is divided: some go to pay bills, some are used to buy individual items and some are saved for the future. The book is also about "finding what you love to do," added Ms. Guardavaccaro.

Ms. Guardavaccaro's books have been approved by the New York State Education Department, and she hopes to see an entire curriculum developed around the concepts she writes about. " I can surely say that the greatest pleasure is seeing my knowledge empower people to help them make better choices and live more secure lives. "

She believes the financial themes she presents in her books are timeless: Be educated, and grow and protect your money. Because "money is . . . a universal language," Ms. Guardavaccaro said. " And holding kids' hands while guiding them through the adventures of finance has become the most exciting thing I have done so far".

The author will donate any income generated from the sale of her books to the Olivia Boccuzzi Foundation, which provides funds to "world-renowned hospitals and scientists actively researching cures for pediatric brain tumors."

Visit the author's website at www.petersaveschildrensbooks.com.

CONTACT:

Exclusive PR Solutions
+1 347 790 1115   

SOURCE: Rosanna Guardavaccaro

ReleaseID: 571279

VANCOUVER, BC / ACCESSWIRE / December 24, 2019 / MGX Minerals Inc. ("MGX" or the "Company") (CSE:XMG)(FKT:1MG)(OTC PINK:MGXMF) is pleased to report that its collaborative research partnership with the University of British Columbia ("UBC") has been approved for $120,000 grant from Mitacs Accelerate Program to continue the development of high-performance and low-cost silicon anode materials for next-generation batteries. Following successful optimization of etching process for metallurgical silicon and the demonstration of the produced nanostructured silicon in half-cells in 2019, this grant will allow the team to further develop nanostructured Si/carbon composite anode and validate this high-capacity anode in full-cell conditions in 2020. The team is also reaching out to potential battery materials suppliers and manufactures for third-party materials evaluation and joint venture.

The MGX/UBC partnership is targeting to develop highly efficient, long-lasting silicon anode that will aide in the development of next generation lithium-ion batteries capable of quadrupling energy density from the current standard of ~ 200 Wh/kg up to 400 Wh/kg for use in long-range electric vehicles and grid-scale energy storage. The project utilizes low-cost MGX metallurgical-grade silicon as a feedstock to fabricate nanostructured silicon.

About the Research Initiative

The overall objective of the two-year research program is to develop a low-cost and scalable method that will fabricate a silicon-based anode to improve the energy density of Li-ion batteries. Dr. Jian Liu, Assistant Professor in the School of Engineering at UBC Okanagan, is leading a research group focused on advanced materials for energy storage. Dr. Liu was previously the technical lead for development of surface coating materials by atomic and molecular layer deposition, and their applications in surface and interface engineering on the anode and cathode of Li-ion batteries and beyond, at Western University and Pacific Northwest National Laboratory.

Figure 1. Fabrication and evaluation of Si-based anode for Li-ion batteries

MGX Silicon Projects

MGX operates three silicon projects in southeastern British Columbia– Koot, Wonah and Gibraltar. A one-ton sample of quartzite from the Company's Gibraltar project was previously shipped to the independent lab Dorfner Anzaplan ("Dorfner") in Germany for mineralogical analyses. Dorfner conducted X-ray diffraction analysis, chemical analyses through X-ray fluorescence spectroscopy, grain size distribution, mineral processing analysis, automated optical sorting and thermal stability testing. Results indicated that the material, after comminution and classification fraction, is of high initial purity (99.5 wt.-%), making the fraction chemically suitable as medium quality feedstock material for metallurgical-grade silicon production.

About MGX Minerals Inc.

MGX Minerals is a diversified Canadian resource and technology company with interests in global advanced material, energy and water assets.

Contact Information:

Jared Lazerson
President and CEO
Telephone: 1.604.681.7735
Web: www.mgxminerals.com

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

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.

SOURCE: MGX Minerals Inc.

ReleaseID: 571277

HOUSTON, TX / ACCESSWIRE / December 24, 2019 / Lifting Oil and Gas Corp., an affiliate of Grupo Cotemar Mexico, announced that it entered into a strategic partnership with Arb Energy, a Houston-based exploration and production company, for the development of a conventional gas complex in the state of Utah, in the United States, which produces approximately 500 barrels of oil equivalent per day (BOED) on more than 11 thousand hectares of land.

For its part, Arb Energy is looking forward to partnering with a team that has extensive experience working in complex environments, since according to Lifting, this field has numerous potential production areas that extend beyond Dakota and Morrison, which are currently in production. Based on their assessment, both the deepest and the Mancos (known as the shallowest) entrance have exploration capabilities. Additionally, this strategic partnership was carried out with the flexibility to increase or decrease the capital investments that could result in Lifting taking control of the field.

For Lifting, this strategic partnership also represents an opportunity to continue gaining experience in the exploration and production of natural gas for later application in Mexico and thus, contribute to defraying the demand for gas in our country. Both Lifting and Arb Energy believe that the Mexican government is highly committed to strengthening the Mexican energy sector.

According to the terms of the strategic partnership, while Arb Energy will incorporate the most advanced technology to explore an ‘old conventional gas field', Lifting will contribute by operating the field, along with Arb Energy. Both companies believe that this field will serve as a case study for future projects, which will incorporate the joint work of the most talented intellectual capital of the United States and Mexico.

Moreover, this alliance will allow Lifting to have access to a work team with experience in capital markets, operations, and even regulators such as David Porter, former RRC president for the state of Texas.

Since Lifting is part of Grupo Cotemar, it is fully committed to the strengthening and development of the Mexican oil industry and ensuring the well-being of Mexico and the communities where it operates.

Contact: Israel Ramón Estrada Vidal – 9383811400

SOURCE: Grupo Cotemar

ReleaseID: 571275

CALGARY, AB / ACCESSWIRE / December 24, 2019 / Point Loma Resources Ltd. (TSXV:PLX) ("Point Loma" or the "Corporation") is pleased to announce the first closing of a transaction to rationalize its assets and monetize its working interest at Wizard Lake, Alberta.

Highlights

As per the December 17, 2019 press release, Point Loma has completed the first closing of the Wizard Lake transaction (the "Transaction") with the receipt of $1.2 million cash consideration and the transfer of various working interest properties to Point Loma. Point Loma has also transferred a 10% working interest in its Wizard Lake property to Salt Bush Energy Ltd. ("Salt Bush"). The balance of the Transaction is scheduled to be completed over two additional closings. Pursuant to the Purchase and Sale Agreement, Point Loma will receive an additional $2.8 million on the second closing, which is anticipated prior to March 31, 2020, subject to a financing by Whitebark Energy Ltd. (WBE:ASX, "Whitebark"), the parent company of Salt Bush and receipt of regulatory approvals. Share consideration in connection with the Transaction will be $2.0 million of stock in Whitebark, to be issued on completion of the second closing with $1.0 million held in escrow for 4 months and $1.0 million released upon the final closing, on or about December 31, 2020, subject to receipt of regulatory approvals.

The additional production associated with the properties transferred to the Corporation is expected to supplement Point Loma's revenues immediately.

The Transaction is expected to increase Point Loma's net acreage to approximately 165,000 acres where the Corporation has identified future locations and opportunities analogous to the Wizard Lake discovery.

Point Loma maintains an extensive inventory of additional opportunities identified through analysis of historical penetrations that are indicative of bypassed oil pay on its lands. A description of the Corporation's other oil pool development opportunities can be found in the corporate presentation on the Point Loma website at www.pointloma.ca.

About Point Loma

Point Loma is a public oil and gas exploration and development company focused on conventional and unconventional oil and gas reservoirs in west central Alberta. The Corporation controls over 165,000 net acres (250 net sections) and has a deep inventory of oil opportunities in the Mannville (Upper and Lower), Banff and Nordegg formations. Point Loma's business plan is to utilize its experience to drill, develop and acquire accretive assets with potential to employ horizontal multi-stage frac technology and to exploit opportunities for secondary recovery. For more information, please visit Point Loma's website at www.pointloma.ca or Point Loma's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com.

For further information, please contact:

Terry Meek
President and CEO
Telephone: (403) 705-5051 ext. 444
tmeek@pointloma.ca

Thomas Love
VP Finance and CFO
Telephone: (403) 705-5051 ext. 443
tlove@pointloma.ca

A Note Regarding Forward-Looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including without limitation, statements pertaining to the expected revenues from Point Loma's working interest in the Wizard Lake area; the anticipated timing to complete the Transaction, including the expected schedule of multiple closings and whether such closings will be completed; the anticipated use of funds from the Transaction; the expected impact of the Transaction on Point Loma's net acreage; statements relating to Point Loma's expectations about the potential impacts of the Transaction; expected net profits and working capital deficit reduction in connection with the Wizard Lake property; the focus of Point Loma's management team and go-forward strategy; and statements. Statements relating to "reserves" are also deemed to forward-looking statements, as they involve the implied assessment based on certain estimates and assumptions, that the reserves can be profitably produced in the future.

The use of any of the words "will", "could", "would", "expects", "believe", "plans", "potential" and similar expressions are intended to identify forward-looking statements or information. These statements should not be read as guarantees of future performance or results. Although Point Loma believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Point Loma cannot give assurance that they will prove to be correct.

Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited, delays or changes associated with consummation of the Transaction; the inability to obtain the necessary regulatory approvals; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve and resource estimates; the inability of Point Loma to bring additional production on stream or in the anticipated quantities disclosed herein; the uncertainty of estimates and projections relating to reserves, resources, production, costs and expenses; health, safety and environmental risks; commodity price and exchange rate fluctuations; marketing and transportation; loss of markets; environmental risks; competition; incorrect assessment of the value of acquisitions; failure to realize the anticipated benefits of acquisitions; ability to access sufficient capital from internal and external sources; changes in legislation, including but not limited to tax laws, royalties and environmental regulations, actual production from the acquired assets may be greater or less than estimates. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide security holders with a more complete perspective on Point Loma's future operations and such information may not be appropriate for other purposes.

The forward-looking statements and information contained in this press release are made as of the date hereof and Point Loma does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Oil and Gas Information

"BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.

Well test results should be considered as preliminary. Neither a pressure transient analysis nor a well-test interpretation has been carried out on the well test data contained herein and therefore the data contained herein should be considered to be preliminary until such analysis or interpretation has been done. There is no representation by the Corporation that the disclosed well results included in this news release are necessarily indicative of long term performance or recovery. As a result, readers are cautioned not to place reliance on such rates in calculating the aggregate production for the Corporation or that such rates are indicative of future performance of the well.

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

SOURCE: Point Loma Resources Ltd.

ReleaseID: 571259

SAN FRANCISCO, CA / ACCESSWIRE / December 24, 2019 / The law firm of Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the upcoming deadline to move for appointment as lead plaintiff in the class action litigation on behalf of investors who purchased or otherwise acquired the common stock of HEXO Corp. ("HEXO" or the "Company") (NYSE:HEXO; TSX:HEXO.TO) between January 25, 2019 and November 15, 2019, inclusive (the "Class Period").

If you purchased or otherwise acquired the common stock of HEXO during the Class Period, you may move the Court for appointment as lead plaintiff by no later than January 27, 2020. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

HEXO investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.

HEXO, incorporated and headquartered in Canada, makes and sells cannabis products for distribution to users, principally through third-party physical and online retailers.

Based on our investigation, we believe HEXO made materially false or misleading statements by (1) providing revenue guidance that materially overstated HEXO's likely revenue for 2020, (2) overstating the number of retail locations for HEXO's product that would be available during the fiscal year of 2019, (3) overstating the value of inventory, and (4) failing to disclose the Company's unlicensed growth of cannabis in Niagara.

After the close of markets on October 4, 2019, HEXO announced the sudden resignation of its new Chief Financial Officer. In response, HEXO's stock price declined 6% to close at $3.80 on October 7, 2019, the next trading day.

Six days later on October 10, 2019, HEXO withdrew its revenue guidance for the fiscal year of 2020 based in part on slow expansion of retail locations in Quebec and Ontario. That day, HEXO's stock price closed at $3.66, or 22% lower than the prior day's closing price.

On October 28, 2019 HEXO announced that it would take an impairment charge as a result of an excess of inventory that was caused in part by the slow expansion of retail locations in Quebec and Ontario. HEXO's stock declined another 6% to close at $2.52 the next day.

Then on November 15, 2019, HEXO belatedly disclosed that it had identified the unlicensed growth of cannabis on a HEXO property on July 30, 2019. That day, HEXO's stock closed at $1.79, a 5% decline from the prior day's closing price.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation's top plaintiffs' law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms "representing the best qualities of the plaintiffs' bar and that demonstrated unusual dedication and creativity." Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm's "laser focus" and noting that our firm routinely finds itself "facing off against some of the largest and strongest defense law firms in the world." Benchmark Litigation has named Lieff Cabraser one of the "Top 10 Plaintiffs' Firms in America."

For more information about Lieff Cabraser and the firm's representation of investors, please visit https://www.lieffcabraser.com/.

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

Source/Contact for Media Inquiries Only

Sharon M. Lee
Lieff Cabraser Heimann & Bernstein, LLP
Telephone: 1-800-541-7358

SOURCE: Lieff Cabraser Heimann & Bernstein

ReleaseID: 571258

SAN FRANCISCO, CA / ACCESSWIRE / December 24, 2019 / The law firm of Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the upcoming deadline to move for appointment as lead plaintiff in the class action that has been filed on behalf of investors who purchased or otherwise acquired the securities of Plantronics, Inc. ("Plantronics" or the "Company") (NYSE:PLT) between January 2, 2018 and November 5, 2019, inclusive (the "Class Period").

If you purchased or otherwise acquired Plantronics securities during the Class Period, you may move the Court for appointment as lead plaintiff by no later than January 13, 2020. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Plantronics investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.

Plantronics, incorporated in Delaware and headquartered in Santa Cruz, California, designs, manufactures, and markets integrated communications and collaboration solutions.

Plaintiffs allege that, throughout the Class Period, Plantronics made materially false or misleading statements, failing to disclose that (1) the Company had engaged in channel stuffing to artificially increase its sales; (2) the Company's internal controls over inventory levels were not effective; and (3) the Company had not adequately monitored inventory levels leading up to multiple product launches.

On November 5, 2019, Plantronics disclosed a $65 million reduction in channel inventory "by reducing sales to channel partners" and significantly lowered its fiscal 2020 guidance. The same day, Plantronics announced that the Executive Vice President of Global Sales, Jeff Loebbaka, was departing the Company. On that news, the price of Plantronics common stock fell $14.44 per share, or 36.61%, from a closing price of $39.44 on November 5, 2019, to close at $25.00 per share on November 6, 2019, on extremely elevated trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation's top plaintiffs' law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms "representing the best qualities of the plaintiffs' bar and that demonstrated unusual dedication and creativity." Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm's "laser focus" and noting that our firm routinely finds itself "facing off against some of the largest and strongest defense law firms in the world." Benchmark Litigation has named Lieff Cabraser one of the "Top 10 Plaintiffs' Firms in America."

For more information about Lieff Cabraser and the firm's representation of investors, please visit https://www.lieffcabraser.com.

Follow us for updates on Twitter: https://twitter.com/LieffCabraser.

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

Source/Contact for Media Inquiries Only

Sharon M. Lee
Lieff Cabraser Heimann & Bernstein, LLP
Telephone: 1-800-541-7358

SOURCE: Lieff Cabraser Heimann & Bernstein

ReleaseID: 571255

SAN FRANCISCO, CA / ACCESSWIRE / December 24, 2019 / The law firm of Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the upcoming deadline to move for appointment as lead plaintiff in the class action that has been filed on behalf of investors who purchased or otherwise acquired the securities of Baxter International Inc. ("Baxter" or the "Company") (NYSE:BAX) between February 21, 2019 and October 23, 2019, inclusive (the "Class Period").

If you purchased or otherwise acquired the securities of Baxter during the Class Period, you may move the Court for appointment as lead plaintiff by no later than January 24, 2020. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Baxter investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.

Background on the Baxter Securities Class Litigation

Baxter, based in Deerfield, Illinois, provides a broad portfolio of essential healthcare products, including acute chronic dialysis therapies, sterile intravenous (IV) solutions, infusion systems and devices, parenteral nutrition therapies, inhaled anesthetics, generic injectable pharmaceuticals, and surgical hemostat and sealant products.

The action alleges that during the Class Period, Baxter and certain of its officers made materially false and/or misleading statements and/or failed to disclose that: (i) 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 Generally Accepted Accounting Principles ("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 its financial reporting; (3) as a result, the Company's financial statements were misstated and would likely necessitate correction or amendment; (4) due to the Company's internal investigation, Baxter would not be able to timely file its quarterly report for the period ending September 30, 2019 with the Securities and Exchange Commission ("SEC") on Form 10-Q in a timely manner; and (5) as a result of the foregoing, Baxter and its officers' statements about the Company's business and operations lacked a reasonable basis at all relevant times.

On October 24, 2019, Baxter announced that it "recently began an investigation into certain intra-Company transactions undertaken for the purpose of generating foreign exchange gains or losses," and that according to the Company, "[t]hese transactions used a foreign exchange rate convention historically applied by the Company that was not in accordance with generally accepted accounting principles ("GAAP") and enabled intra-Company transactions to be undertaken after the related exchange rates were already known." The Company also admitted that these intra-Company transactions had "resulted in certain misstatements in the Company's previously reported non-operating income related to net foreign exchange gains" and acknowledged that upon completion of its investigation, "the Company expects to either amend its periodic reports previously filed with the SEC to include restated financial statements that correct those misstatements, or include in reports for future periods restated comparative financial statements that correct those misstatements." Following this news, the price of Baxter common stock fell $8.87 per share, or 10.1%, from a close of $87.95 per share on October 23, 2019 to close at $79.08 per share on October 24, 2019, on elevated trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation's top plaintiffs' law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms "representing the best qualities of the plaintiffs' bar and that demonstrated unusual dedication and creativity." Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm's "laser focus" and noting that our firm routinely finds itself "facing off against some of the largest and strongest defense law firms in the world." Benchmark Litigation has named Lieff Cabraser one of the "Top 10 Plaintiffs' Firms in America."

For more information about Lieff Cabraser and the firm's representation of investors, please visit https://www.lieffcabraser.com/.

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

Source/Contact for Media Inquiries Only

Sharon M. Lee
Lieff Cabraser Heimann & Bernstein, LLP
Telephone: 1-800-541-7358

SOURCE: Lieff Cabraser Heimann & Bernstein

ReleaseID: 571254

SAN FRANCISCO, CA / ACCESSWIRE / December 24, 2019 / The law firm of Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the upcoming deadline to move for appointment as lead plaintiff in the class action litigation on behalf of investors who purchased or otherwise acquired the securities of Under Armour, Inc., ("Under Armour" or the "Company") (NYSE:UA; UAA) between September 16, 2015 and November 1, 2019, inclusive (the "Class Period").

If you purchased or otherwise acquired the securities of Under Armour during the Class Period, you may move the Court for appointment as lead plaintiff by no later than January 6, 2020. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the actions.

Under Armour investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.

Background on the Under Armour Securities Class Litigation

Under Armour, based in Baltimore, Maryland, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth.

The actions allege that during the Class Period, Under Armour made false and/or misleading statements and/or failed to disclose that: (i) Under Armour improperly shifted sales from quarter to quarter to keep pace with their long-running year-over-year 20% net revenue growth; (ii) the Company had been subject to federal accounting probes since at least July 2017; and (iii) 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.

On November 3, 2019, The Wall Street Journal reported that the U.S. Department of Justice ("DOJ") and the Securities Exchange Commission ("SEC") are investigating whether Under Armour shifted sales from quarter to quarter to appear healthier. On the following day, Under Armour confirmed that it was under DOJ and SEC investigations and has been responding to requests for documents and information regarding certain of its accounting practices and related disclosures, beginning with submissions to the SEC in July 2017. Following this news, the price of Under Armour Class A common stock fell $4.00 per share, or nearly 18.9%, to close at $17.14 per share, and its Class C common stock fell $3.47 per share, or 18.3%, to close at $15.44 per share.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation's top plaintiffs' law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms "representing the best qualities of the plaintiffs' bar and that demonstrated unusual dedication and creativity." Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm's "laser focus" and noting that our firm routinely finds itself "facing off against some of the largest and strongest defense law firms in the world." Benchmark Litigation has named Lieff Cabraser one of the "Top 10 Plaintiffs' Firms in America."

For more information about Lieff Cabraser and the firm's representation of investors, please visit https://www.lieffcabraser.com/.

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

Source/Contact for Media Inquiries Only

Sharon M. Lee
Lieff Cabraser Heimann & Bernstein, LLP
Telephone: 1-800-541-7358

SOURCE: Lieff Cabraser Heimann & Bernstein, LLP

ReleaseID: 571253

SHENZHEN, CHINA / ACCESSWIRE / December 24, 2019 / On December 23, the "Belt and Road" and the Guangdong-Hong Kong-Macao Greater Bay Area Import Opportunity Forum and Signing Ceremony of China (Shenzhen) International Import Fair were successfully held at Shangri-La Hotel, Futian District, Shenzhen! Also, the B2B wholesale platform for imported goods, www.allb2b.com, held an operation launching ceremony.

The event was jointly organized by the Organizing Committee of China (Shenzhen) International Import Fair, the China General Chamber of Commerce, and the Shenzhen Academy of the Belt and Road Initiative. Jiang Ming, president of the China General Chamber of Commerce, Qi Bing, consultant to the China Customs Brokers Association, Zhou Mingwu, the deputy director of the CBOSM, Dr. Zhang Dachun, an expert in corporate management of the General Administration of Customs, and Ma Baoxuan, executive chairman of the China (Shenzhen) International Import Fair, attended the ceremony and delivered speeches. Li Wufa, the founder of the Hong Kong Shopping Festival and the winner of Medal of Honor, HKSAR, Hua Tao, president of Shenzhen Retail Association, Li Gang, president of Shenzhen Food Importers & Exporters Association, Xie Xiaobiao, president of Shenzhen Association of Trade in Services, Francine, the General Manager of European Chamber in China's South China Chapter, Eimitsu Morita, representative of International Organization for Science, Economy and Culture Collaboration in China, and trade representatives from Russia, Portugal, Serbia, Malaysia and other countries, nearly 300 people, attended the event.

The participants warmly discussed the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area import opportunities and all agreed that the Guangdong-Hong Kong-Macao Greater Bay Area is one of the core areas supporting the Chinese economy and one of the starting points of the 21st Century Maritime Silk Road. It is an important construction area of the "Belt and Road", has the realistic foundation and potential to develop into a world-class city group, and will definitely become an important import and export base for China, and play an increasingly important role on the global economic stage.

The China (Shenzhen) International Import Fair is a large-scale commodity trade fair hosted by the China General Chamber of Commerce, guided by the CBOSM, and the CCPIT, and organized by the Shenzhen All World International Exhibition Co., Ltd. It is a centralized display platform for global imported consumer goods and the docking platform for buyers and international commodity information, which aims to promote China's trade with other countries in the world and make Shenzhen an important base for imported goods in the world.

The exhibition is held once a year. The first China (Shenzhen) International Import Fair will be held at the Shenzhen Convention & Exhibition Center from March 24-27, 2020, with the theme of "Connecting the World, Make the Future Better". It mainly exhibits daily consumer goods and food, which has 9 exhibition areas including food, beverages, cosmetics, household commodities, pet products, Shenzhen friendship city zone, cross-border e-commerce exhibition area, trade-in ancillary services and tourism culture exhibition. There will be more than 3,000 exhibitors from 60 countries to participate in this fair.

It is reported that in order to further encourage exporting enterprises of various countries to participate in or organize participation in the China (Shenzhen) International Import Fair, the organizing committee of SZIF is willing to provide various convenient conditions for foreign companies (including foreign language consultation, venue decoration, customs inspection, booth discounts and other services) to support overseas companies to come to Shenzhen to participate in this fair and develop business in China.

During the trade fair, there will also be held a great many professional forums, industry conferences, and buyers procurement matchmaking meetings. In addition, the 2020 China (Shenzhen) International Import Fair will combine the country's first wholesale B2B imported goods website, www. allb2b.com to connect major malls and supermarket channels, implement online and offline members' exclusive high-efficiency full-chain, one-stop procurement and transaction service platform to achieve seamless and precise docking of global brand suppliers and buyers, creating a representative of Shenzhen Internet + international exhibition + supply chain service import commodity trading model.

The holding of such an event in Shenzhen fully demonstrated the vitality of this city. Shenzhen fulfilled the important historical mission entrusted by the central government, vigorously promoting the responsibility of building an open economy, reflecting that Shenzhen is making efforts to give play to its advantages and using its own innovation vitality and economic influence to tell the story of Shenzhen well, serve the national strategy, and promote Shenzhen's economic cooperation and exchanges with countries around the world in a wider range, wider fields, and at a higher level.

Economic globalization is an important engine of world economic growth. With a more open mindset and measures, China is pushing the global economy toward a more open, inclusive, balanced, and win-win direction. Chinese companies are working with companies from all countries to build a world economy of open cooperation, open innovation, and open sharing.

Company Name: Shijitong

Person: Alisa Xiao

mayu081@126.com

http://www.siifchina.com/en

SOURCE: Shijitong

ReleaseID: 571274