Company Outlines Operational Strategy

FRAMINGHAM, MA / ACCESSWIRE / January 31 , 2020 / KYN Capital Group, Inc. (OTC PINK:KYNC) is pleased to provide a shareholder update.

Change of Control:

In December of 2019 the Acting CEO, Phil Sands, made the executive decision to move the company in a different direction and part ways with its Board of Directors. The company elected to re-domicile from Nevada to Colorado and appoint Jason Black as a new Director. Mr. Black, also the CEO of Cann American Corp., has established a solid track record of navigating compliance and corporate structure issues as well a keen ability to re-negotiate outstanding debt instruments and achieve significant share reductions. Additionally, Mr. Black has well established networks throughout the hemp and cannabis industries. These relationships strongly appeal to the company's plans going forward.
Though most of the previous board had already resigned, there became some debate over Mr. Sands' authority to act without the approval of then Secretary, Sayekhul Islam. After a few weeks of negotiations, the parties came to a settlement where all corporate actions from December forward were affirmed and recognized as valid and Mr. Islam, as well as all previous board members, submitted formal resignations.

Settlement:

Though many of the details of the Settlement Agreement with former Directors are confidential, the company was able to negotiate a 400,000,000 common stock reduction of 800,000,000 shares issued to a former Officer. The remaining 400,000,000 are restricted. The company was also able to secure all credentials to OTC Markets, bank accounts, websites and emails necessary for company operations.

OTC Markets:

Due to a volume of activities on the OTC Markets account during the control dispute, OTC took the step of temporarily locking the account. The company is required to submit a new application detailing the change in control and submitting the subsequent fees. This process is under way and OTC Markets should update soon.

Share Structure:

The company is currently working with several note holders and shareholders to re-negotiate debts and issuances previously executed by former management. The company has coordinated with a "friendly" debt holder to create a significant share reserve and max out the O/S in order to block other debt holders from converting into the market. Though this may reflect as an increase in the O/S, the share reserve is not intended to be issued or enter the market but rather intended to leverage other note holders to come to the table and re-negotiate their debts. The current float is approximately 1.1 billion. The company believes this strategy, as well as several other confidential strategies, will avoid the need to effect a reverse stock split and the company has no intention of doing so at this time.

Operations:

The company intends to return to its core mission of asset-based lending to promising companies and start-ups operating both privately and publicly. There have been numbers of strong opportunities presented previously that were unable to close due to competing views within the former board that are now being revisited. The company is also engaging several new opportunities that have recently been presented as well as potential joint ventures with other public companies.
The company has been able to establish non-dilutive funding through a third party to help execute on deals under consideration. There will be additional updates as the company expects to close on several targets quickly, outlining the investment, the company's revenue stake and value to shareholders.

Statement:

Stated CEO, Phil Sands: "I am reinvigorated and inspired to be able to steer the company unhindered in the direction I had envisioned. The assistance of our new Director, Mr. Black, has already proven to be invaluable. We've been able to make more progress in the past few weeks than I was able to make in the past nine months. This is truly a new chapter for KYN and I look forward to updating shareholders very soon as we execute on a number of significant milestones and our new vision for the future."

Forward Looking Statements:

This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contact:

Phil Sands
info@kyncapitalgroupinc.com

SOURCE: KYN Capital Group, Inc.

ReleaseID: 574865

Business consultant Jeff Nock, from Iowa City, Iowa, explains how to get the right people in the right seats at your company.

IOWA CITY, IA / ACCESSWIRE / January 31, 2020 / Getting the right people in the right seats is essential for the success of any company. That's according to business consultant Jeff Nock, from Iowa City, Iowa, as he outlines a number of key ways to both attract and retain the best people, and to ensure that they're in precisely the right seats for success.

Attracting the right people is Jeff Nock's first area of focus. "I often recommend that any company or organization should aim to boast at least five benefits tailored toward attracting the right people in the first instance," says the business consultant and marketing expert, speaking from his office in Iowa City, Iowa.

Business owners are, he says, free to choose the five or more benefits which they see most fit. As a business consultant and expert in the field, however, Jeff Nock has, he believes, whittled down dozens of possible benefits to the five which he believes have the best potential in getting the right people in the right seats of a company. "These," he reveals, "are culture, fair pay, recognition, variety, and rewards."

"People want to be happy in their work," Jeff Nock continues, "and from establishing a winning corporate culture to ensuring variety, fair pay, and recognition more generally, a truly rewarding working environment is, I believe, the best way to get the right people through the door."

The secret, meanwhile, to ensuring that people are, and remain, in the right seats at your company is, according to Jeff Nock, also partly down to cementing in place effective processes, supported, wherever possible, by the appropriate tools, software, and other systems.

It's essential, he says, that clear roles are defined if people's skills are to be utilized as best as possible. "Define clear roles at all levels and match the appropriate skills to each of these," suggests the Iowa-based business consultant.

"The correct structure and defined skills and roles will, then," he adds, wrapping up, "allow a company's systems and processes to, as a result, operate as effectively as possible, with just the right people in exactly the right seats at your business."

Founder and CEO of Prescient Consulting, LLC, based in Iowa City, Iowa, Jeff Nock boasts a demonstrated history of growing nonprofit organizations, startups, and established companies alike. Skilled in business and strategic planning, branding, sales, and marketing, now-established Iowa resident Nock also holds a master's degree in management from Colorado's Regis University and is a specialist in management development. To learn more, visit https://prescient.us/.

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7862338220

SOURCE: Web Presence, LLC

ReleaseID: 574863

NEW YORK, NY / ACCESSWIRE / January 31, 2020 / 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.

Baozun Inc. (NASDAQ:BZUN)

Investors Affected : Baozun American Depository Receipts between March 6, 2019 and November 20, 2019

A class action has commenced on behalf of certain shareholders in Baozun Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/baozun-inc-loss-submission-form/?id=5392&from=1

Portola Pharmaceuticals, Inc. (NASDAQ:PTLA)

Investors Affected : November 5, 2019 – January 9, 2020

A class action has commenced on behalf of certain shareholders in Portola Pharmaceuticals, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Portola's internal control over financial reporting regarding reserve for product returns was not effective; (2) Portola was shipping longer-dated product with 36-month shelf life; (3) Portola had not established adequate reserve for returns of prior shipments of short-dated product; (4) as a result, Portola was reasonably likely to need to "catch up" on accounting for return reserves; and (5) 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/portola-pharmaceuticals-inc-loss-submission-form/?id=5392&from=1

Qudian Inc. (NYSE:QD)

Investors Affected : December 13, 2018 – January 15, 2020

A class action has commenced on behalf of certain shareholders in Qudian Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) regulatory developments in China threatened to negatively impact Qudian's fiscal full year 2019 ("FY19") financial results; (ii) Qudian's business was unprepared to mitigate the risks associated with these regulatory changes; (iii) as a result, Qudian's loan portfolio was plagued by growing delinquency rates; (iv) all of the foregoing made Qudian's repeated assertions concerning its FY19 financial guidance unrealistic; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/qudian-inc-loss-submission-form/?id=5392&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: 574861

LOS ANGELES, CA / ACCESSWIRE / January 31, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Grand Canyon Education, Inc. ("Grand Canyon" or "the Company") (NASDAQ:LOPE) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Grand Canyon is the focus of a report issued by Citron Research on January 28, 2020, entitled, "GCE, the Educational Enron." The report alleges that the Company utilized a "captive, non-reporting subsidiary to hide its liabilities … and artificially inflated the [company's] stock price." Based on this news, shares of Grand Canyon dropped sharply in intraday trading.

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

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

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

SOURCE: The Schall Law Firm

ReleaseID: 574847

LOS ANGELES, CA / ACCESSWIRE / January 31, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Merit Medical Systems, Inc. ("Merit Medical" or "the Company") (NASDAQ:MMSI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 26, 2019 and October 30, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before February 3, 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. Merit Medical's integration of Cianna and Vascular Insights were months behind schedule, suffering from operational disruptions and reduced sales. The acquired companies had filled their pipeline before the merger to the extent that 2019 sales slowed substantially. The Company's financial guidance for 2019 and 2020 did not have a solid basis in fact due to these problems. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Merit Medical, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

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

SOURCE: The Schall Law Firm

ReleaseID: 574845

LOS ANGELES, CA / ACCESSWIRE / January 31, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Luckin Coffee Inc. ("Luckin Coffee" or "the Company") (NASDAQ:LK) for violations of the securities laws.

The investigation focuses on whether Luckin Coffee issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

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

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

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

SOURCE: The Schall Law Firm

ReleaseID: 574843

TEL AVIV, ISRAEL / ACCESSWIRE / January 31, 2020 / VibraVid's new features include User Profiles, Follow Option, Shareable Links to Social Media, Dark Mode and the ability for guests to Explore Without Login, giving users and creators a whole new array of options to enjoy and upload music and video content.

The music and audio platform VibraVid.io, based on the TRON blockchain network and powered by the BeatzCoin (BTZC) token, has implemented a major upgrade to its content sharing platform. All the new features added to VibraVid are a direct result of the widespread and passionate feedback from the global BeatzCoin community, which now consists of over 4,600 VibraVid users and 20,000 BTZC holders worldwide.

Although the BeatzCoin team has only yet launched the VibraVid Minimal Viable Product (MVP) at this point, VibraVid has more than 2,000 audio and video files uploaded to its decentralized file storage using the distributed BitTorrent's BTFS network. VibraVid as a platform has recorded more than 140,000 blockchain transactions on TRON since launch, while the BTZC token has garnered over 1.5 million total transactions. BTZC has risen to become a top traded token on the TRON-based DEXs TronTrade and PoloniDEX, and inside the widely used TronWallet's new built-in SWAP feature.

Given that the BTZC token is built on the 3rd generation TRON blockchain, which is capable of 2,000 TPS and a delivery speed of transaction of just 3 seconds, these BTZC transactions are not only free, but also near instant. No need to wait to be paid as a content creator anymore. And no middlemen. Instead, creators keep 95% of their revenue on the platform.

BeatzCoin has over the past months expanded the developers team under the leadership of a new US-based Director of Technology. The devs have successfully deployed the following new features expanded upon below, all aimed at simplifying the user experience and giving a wider array of options on the platform for creators and users alike.

VibraVid is also in advanced partnership negotiations with a major music application to integrate BTZC as a reward token to their users. Additionally, the BeatzCoin developers team commenced work on a Mobile VibraVid App this week.

User Profiles

With this new update, each VibraVid user can now create their own User Profile and showcase their Albums, Music, Video and Bio in a simple and easily accessible fashion. User can also see which of their favorite creators' music tracks and videos have gotten the most views on VibraVid.

Follow Option

Accompanying User Profiles are VibraVid's new Follow Button, which means that fans can easily find their favorite artist and creator work, both music tracks and videos. Notifications to followers will follow after the developer's team have tested the stability of the base framework.

Shareable Links

Being able to directly share links on social media is essential to reach a new audience, and VibraVid now provides this option with an added feature that anyone can watch and enjoy the content, with or without login. This is an important step for VibraVid to attract tens of thousands of new users and content creators over the coming months. BeatzCoin's developers are currently implementing a feature to have these shareable links be accompanied by a picture/thumbnail of the music track or video being shared.

Explore Without Login

Exploring VibraVid without the need to login means that anyone can start watching and exploring VibraVid, whether you have an account or not. This feature is aimed at attracting thousands of new users and removing the threshold of having to directly register to VibraVid to be able to enjoy the platform's content. Guests can view content, but only registered users can earn, get paid and receive bounties from uploaders.

Dark mode

To increase the options of users, VibraVid has implemented Dark Mode and Day Mode following community feedback. Future updates will also include different shading of the Dark Mode, so as to further increase the alternatives available for the users.

BeatzCoin founder and VibraVid CEO Steven Zambron stated in regards to the update:

"We at BeatzCoin are very excited to offer a more stable and user-friendly experience on our platform, VibraVid. I invite all of you to take a look, give it a try, and invite your friends and family. Enjoying great content on a decentralized network and earning cryptocurrency has never been easier, faster and more exciting."

Additional Enhancements in this Update

– UI/UX improvements

– Optimized registration

– "Trending" is now well defined

– Improved notifications

– Video description has improved formatting allowing for interactive texts with URLs supported

– Search filter for Free, Bounty and Premium content

– Improvements and added options related to Upload

Upcoming features in next Update

– Better Upload UI/UX

– A full site UI and design revamp

– A better relationship between followers and content creators such as Notifications, Homepage video suggestions, etc.

– Tronwalletme/Tronlink login

– A more interactive comment section where users can respond to one another with Like and Reply features

Mobile App

BeatzCoin's developers team has commenced development of a Mobile App for VibraVid for both iOS and Android. VibraVid is also working together with the Tron Foundation to integrate the future Mobile App on all Samsung devices, which today numbers above 2 billion.

Advertising on VibraVid

Another major milestone for VibraVid is advertisement integration, which will further increase the revenue of the platform and further elevate the utility of the BeatzCoin token. VibraVid Inc already have numerous parties lined up for ad placement on the site, which will be integrated over the coming week for all VibraVid users to see.

Given the expanded BeatzCoin developers team, VibraVid will be implementing new updates on a weekly or bi-weekly basis in order to optimize the platform and make it become one of the main contenders to threaten YouTube, Spotify and SoundCloud's near hegemony on content sharing online.

The BTZC token is available for exchange without KYC directly in the TronWallet.Me app under the SWAP feature, or for trading on TronTrade.io and Poloniex.org.

These newly implemented features are all in line with the BeatzCoin team's overall goal to eventually grab a large portion of the online content sharing industry through the blockchain-powered and decentralized platform VibraVid. Being a fully community-based and driven project, VibraVid is providing content creators and users a fair share of the revenue and gives ownership back to the artists who create the content we all love.

Contact:
Name: Misha Lederman, CCO VibraVid
Email ID: mlederman@vibravid.io

SOURCE: Beatzcoin

ReleaseID: 574841

NEW YORK, NY / ACCESSWIRE / January 31, 2020 / Pomerantz LLP is investigating claims on behalf of investors of 500.com Limited ("500.com" or the "Company") (NYSE:WBAI). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether 500.com and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On December 31, 2019, 500.com issued a press release announcing "that the Company's Board of Directors (the ‘Board') has formed a Special Investigation Committee (‘SIC') to internally investigate alleged illegal money transfers and the role played by consultants following the arrest of one consultant (also a former director of the Company's subsidiary in Japan) and two former consultants by the Tokyo District Public Prosecutors Office." 500.com further disclosed the resignation of Xudong Chen as Chairman of the Company's Board, effective December 30, 2019, and that "the Board has accepted the request from Mr. Zhengming Pan, Director and Chief Executive Officer, to temporarily step aside from his positions, effective December 30, 2019, until the conclusion of the SIC's investigation in order to ensure a thorough and fair investigation."

On this news, 500.com's American depositary receipt price fell $0.94 per share, or 10.93%, to close at $7.66 per share on January 2, 2020, the following trading day.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 574836

More than 100 winners crowned, including three Lifetime Achievement Awards

NEW YORK, NY / ACCESSWIRE / January 31, 2020 / Future plc (LSE:FUTR), the leading US specialist technology media company, announced today the winners of the prestigious Bulldog Award. The Bulldog Award, given annually at the Future Tech Awards during the Consumer Electronics Show in Las Vegas, goes to the leading tech manufacturers and designers from around the world. Future crowned more than 100 winners across four categories, including the Future 50 – celebrating the best people – and the Future Tech Hall of Fame, which bestowed the prestigious Lifetime Achievement Award on three worthy recipients.

Future's editorial staff nominated more than 300 products for the Reader's Choice awards, and Future's readers cast nearly a quarter of million votes for their favorites. Future's adroit editorial staff selected 20 Future Choice winners. And Future also crowned eleven Products of the Decade, recognizing the products that helped transform the tech industry.

Future 50 showcases the best people in the US technology landscape. Future's journalists and editors recognize Bulldog recipients for their hard work at the forefront of technology.

The Future Tech Hall of Fame recognizes the lifetime innovations of three individuals:

Jason Johnson, co-founder and CEO of August Home, transformed the security of our houses
Lisa Su, President and CEO of AMD, transformed that company's fortunes,making it a technology powerhouse
Marques Brownlee has long led innovation in content creation, showcasing the benefit of technology to more than 10 million subscribers.

Future PLC is the publisher of worldwide publications that are the leading authorities in technology, gaming and entertainment, music, creative, photography, home interest, education, and television, Future plc is the largest such publisher in the US and the UK, according to Comscore.

For more information on all the winners, as well as official media from the event, please visit the website: http://www.TheFTAs.com.

About Future PLC

Future is a global platform business for specialist media with diversified revenue streams.

The Media division is high-growth with three complementary revenue streams: eCommerce, events and digital advertising including advertising within newsletters. It operates in a number of sectors including technology, games, music, home interest, hobbies and B2B and its brands include TechRadar, PC Gamer, Tom's Guide, Android Central, Homebuilding & Renovating Show, GamesRadar+, The Photography Show, Top Ten Reviews, Live Science, Guitar World, MusicRadar, Space.com and Tom's Hardware. The Magazine division focuses on publishing specialist content, with over 75 publications and over 568 bookazines published per year, totalling global circulation of 1.5 million.

The Magazine portfolio spans technology, games and entertainment, music, creative and photography, hobbies, home interest and B2B. Its titles include Classic Rock, Guitar Player, FourFourTwo, Homebuilding & Renovating, Digital Camera, Guitarist, How It Works, Total Film, What Hi-Fi? and Music Week.

PRESS CONTACT

Bill Brazell
bbrazell@witstrategy.com
917-445-7316

SOURCE: Future plc

ReleaseID: 574828

NEW YORK, NY / ACCESSWIRE / January 31, 2020 / 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.

MMSI Shareholders Click Here: https://www.zlk.com/pslra-1/merit-medical-systems-inc-loss-form?prid=5391&wire=1
EXC Shareholders Click Here: https://www.zlk.com/pslra-1/exelon-corporation-loss-form?prid=5391&wire=1
OPRA Shareholders Click Here: https://www.zlk.com/pslra-1/opera-limited-loss-form?prid=5391&wire=1

* ADDITIONAL INFORMATION BELOW *

Merit Medical Systems, Inc. (NASDAQ:MMSI)

MMSI Lawsuit on behalf of: investors who purchased February 26, 2019 – October 30, 2019
Lead Plaintiff Deadline : February 3, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/merit-medical-systems-inc-loss-form?prid=5391&wire=1

According to the filed complaint, during the class period, Merit Medical Systems, Inc. made materially false and/or misleading statements and/or failed to disclose 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.

Exelon Corporation (NYSE:EXC)

EXC Lawsuit on behalf of: investors who purchased February 9, 2019 – November 1, 2019
Lead Plaintiff Deadline : February 14, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/exelon-corporation-loss-form?prid=5391&wire=1

According to the filed complaint, during the class period, Exelon Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Exelon and/or its employees were engaged in unlawful lobbying activities; (ii) the foregoing increased the risk of a criminal investigation into Exelon; (iii) Exelon subsidiary Commonwealth Edison's revenues were in part the product of unlawful conduct and thus unsustainable; and (iv) that, as a result, the Company's public statements were materially false and misleading at all relevant times.

Opera Limited (NASDAQ:OPRA)

OPRA Lawsuit on behalf of: investors who purchased (a) Opera American depositary shares pursuant and/or traceable to the Company's initial public offering commenced on or about July 27, 2018 and/or (b) Opera securities between July 27, 2018 and January 15, 2020,
Lead Plaintiff Deadline : March 24, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/opera-limited-loss-form?prid=5391&wire=1

According to the filed complaint, (i) Opera's sustainable growth and market opportunity for its browser applications was significantly overstated; (ii) Defendants' funded, owned, or otherwise controlled loan services applications and/or businesses relied on predatory lending practices; (iii) all the foregoing, once revealed, were reasonably likely to have a material negative impact on Opera's financial prospects, especially with respect to its lending applications' continued availability on the Google Play Store; and (iv) as a result, the Offering Documents and Defendants' statements were materially false and/or misleading and failed to state information required to be stated therein.

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: 574831