SAN FRANCISCO, CA / ACCESSWIRE / January 26, 2020 / Hagens Berman urges investors in HEXO Corp. (NYSE:HEXO) who have suffered losses in excess of $500,000 to submit their losses now to learn if they qualify to recover their investment losses. Hagens Berman has filed a class action complaint against HEXO and its senior executives and only one day remains until the Jan. 27, 2020 lead plaintiff application deadline.

Class Period: Jan. 25, 2019 – Nov. 15, 2019

Lead Plaintiff Deadline: Jan. 27, 2020

Sign Up Now: www.hbsslaw.com/investor-fraud/HEXO

Contact An Attorney Immediately: HEXO@hbsslaw.com

844-916-0895

Hagens Berman's HEXO Securities Class Action:

According to the detailed Complaint filed by Hagens Berman, Defendants failed to disclose to investors that: (1) HEXO's reported inventory was misstated due to its failure to write down or write off obsolete product; (2) HEXO was engaging in channel-stuffing to inflate its revenue figures; and (3) HEXO was cultivating unlicensed cannabis at its facilities.

The truth emerged through a series of disclosures occurring between Oct. 4, 2019 and Nov. 15, 2019, when the Company announced it was producing cannabis in a section of its Niagara facility that was not properly licensed with Health Canada.

As a result of these disclosures, the value of HEXO stock has consistently decreased, damaging investors.

On Jan. 2, 2020, the Company restated its FY-2019 annual financial statements and Q-1 FY 2020 interim financial statements. Notably, the Company increased its annual impairment loss on inventory by about 14% and disclosed material weaknesses in internal controls over financial reporting.

On Jan. 17, 2020, the Company's questionable accounting practices came into focus again, when MarketWatch published a report challenging the Company's employee-options accounting. MarketWatch reported that since June 2017, the Company has been incorrectly tabulating the remaining lifetime weighted average of its employee stock options, potentially violating International Financial Reporting Standards.

"We're focused on investors' losses and proving Defendants knowingly provided false financial information to the market," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased HEXO common stock during the Class Period and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

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

# # #

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

Contact:
Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

ReleaseID: 574082

HONGKONG, CHINA / ACCESSWIRE / January 26, 2020 / The outbreak of a new virus in Wuhan, China, has attracted worldwide attention. This novel coronavirus is a SARS-like virus. It was discovered from the case of Wuhan viral pneumonia in 2019 and named "2019-nCoV" by the World Health Organization on January 12, 2020. By midnight on January 26, 2020, nearly 2,000 people had been infected in China. According to media reports, the outbreak of Wuhan virus occurred in a closed seafood market, where wild animals were reportedly sold before.

It is reported that after the outbreak of the epidemic, the Chinese government imposed extremely strict blockade measures and adopted a series of strong measures to prevent the spread of the epidemic to the maximum extent. On January 23, the Chinese government suspended public transportation in Wuhan, a city with a population of 11 million. It is the first time in human history to suspend public transportation in a city of ten million people. The Chinese government's strong deployment capability has ensured the stability of the city. At the same time, the government has also opened up an Internet channel to solicit complaints of ineffective prevention and control. On the same day, the Chinese government announced that it would establish an independent infectious disease hospital in Wuhan called "Huoshenshan Hospital" to receive and treat patients infected with the virus. The hospital has a construction area of 25,000 square meters 1,000 beds. It is expected to be completed and put into use on February 2. In addition to Huoshenshan Hospital, Wuhan will build another Leishenshan Hospital nearby, with about 1500 additional beds. Leishenshan Hospital is expected to be completed and put into use within half a year. Similarly, it is also to be used for centralized treatment of pneumonia patients infected with novel coronavirus.

In addition, 30 provinces in China have launched the highest-level response to public health emergencies, suspending all public entertainment, gathering and other activities, and continuously guiding the public to prevent the novel coronavirus. Some provinces have suspended inter-provincial passenger transport to ensure that the spread of the virus is minimized. The Chinese government has deployed military medical resources to the seriously affected Wuhan area. China's National Health Commission also announced that six medical teams with a total of 1230 people had been called in to help Wuhan. In addition, Chinese enterprises and society also launched fund-raising activities. At present, the shortage of medical supplies in the core area of Wuhan in China has also been eased.

U.S. President Trump also acknowledged the Chinese government's efforts on Twitter on January 25, saying "China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!" The United States, WHO and other countries and organizations have expressed their gratitude and recognition for China's prompt action to share information about the new virus around the world. Dr. Takehi Kassai, Regional Director for the Western Pacific of the World Health Organization, commented on China's disease prevention and control work in this way: "In the past 20 years, China has rapidly strengthened its ability to prevent and respond to public health incidents, and in recent incidents, it has done a rapid investigation of the causes and isolated patients, track close contacts, and close down the market involved, investigate and assess the environment."

Under the strong intervention of the Chinese government and a series of prevention and control measures, the spread of the new virus is expected to be controlled. In addition, on January 26, the China Center for Disease Control and Prevention held a work briefing in Beijing. A spokesman for the center said that research and development of a novel coronavirus vaccine had been started, the virus had been successfully isolated, and seed strains were being screened. Hopefully, this disaster will be brought under control as soon as possible.

HK NGO

Peter Lin
Perte_lin2012@gmail.com
36157322

SOURCE: HK NGO

ReleaseID: 574129

NEW YORK, NY / ACCESSWIRE / January 26, 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.

FSCT Shareholders Click Here: https://www.zlk.com/pslra-1/forescout-technologies-inc-loss-form?prid=5355&wire=1
PRU Shareholders Click Here: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?prid=5355&wire=1
GERN Shareholders Click Here: https://www.zlk.com/pslra-1/geron-corporation-et-al-loss-form?prid=5355&wire=1

* ADDITIONAL INFORMATION BELOW *

Forescout Technologies, Inc. (NASDAQ: FSCT)

FSCT Lawsuit on behalf of: investors who purchased February 7, 2019 – October 9, 2019
Lead Plaintiff Deadline : March 2, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/forescout-technologies-inc-loss-form?prid=5355&wire=1

According to the filed complaint, during the class period, Forescout Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Forescout was experiencing significant volatility with respect to large deals and issues related to the timing and execution of deals in the Company's pipeline, especially in Europe, the Middle East, and Africa; (ii) the foregoing was reasonably likely to have a material negative impact on the Company's financial results; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

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=5355&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.

Geron Corporation (NASDAQ: GERN)

GERN Lawsuit on behalf of: investors who purchased March 19, 2018 – September 26, 2018
Lead Plaintiff Deadline : March 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/geron-corporation-et-al-loss-form?prid=5355&wire=1

The filed complaint alleges that defendants misled investors regarding a drug called imetelstat, which was intended to treat certain cancers that occur in bone marrow. Specifically, defendants misled investors about the results of a clinical drug study of imetelstat called IMbark. That study was designed to ascertain whether imetelstat helped patients with a cancer called myelofibrosis.

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: 574126

NEW YORK, NY / ACCESSWIRE / January 26, 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.

HEXO Corp. (NYSE: HEXO)

Investors Affected : January 25, 2019 – November 15, 2019

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

Shareholders may find more information at https://securitiesclasslaw.com/securities/hexo-corp-loss-submission-form/?id=5356&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=5356&from=1

Exelon Corporation (NYSE: EXC)

Investors Affected : February 9, 2019 – November 1, 2019

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

Shareholders may find more information at https://securitiesclasslaw.com/securities/exelon-corporation-loss-submission-form/?id=5356&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: 574127

LOS ANGELES, CA / ACCESSWIRE / January 25, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against HEXO Corp. ("HEXO" or "the Company") (NYSE:HEXO) 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 January 25, 2019 and November 15, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 27, 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. HEXO failed to write down obsolete and valueless products causing it to misstate inventory. The Company engaged in channel stuffing schemes to inflate its financial performance. The Company also grew cannabis at a Niagara, Ontario facility not licensed by the Canadian government. 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 HEXO, 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: 574115

LOS ANGELES, CA / ACCESSWIRE / January 25, 2020 / Compare-autoinsurance.org has launched a new blog post that explains how insuring multiple vehicles at the same insurer can save car insurance money.

For more info and free quotes, please visit https://compare-autoinsurance.org/the-benefits-of-using-one-insurer-for-multiple-car-insurance/.

It's not uncommon for a household to have more than one vehicle. To save money on car insurance, drivers can choose to insure all the vehicles from a household to one insurance company in order to obtain a multi-car insurance discount.

Multiple-car insurance policies have the following benefits:

Less paperwork to deal with it. Policyholders can save time by having to meet with just one insurance agent and completing one insurance policy. Drivers should ensure they choose enough coverage to protect the value of the most expensive vehicle in the policy. Drivers should contact their insurers and seek advice regarding a proper level of liability coverage.
Cheaper premiums and deductibles. Drivers that have more vehicles will pay more on individual policies than compared to the premiums of a multi-car policy. Also, drivers will have to pay for deductibles when filing for a claim. On a multi-car policy, all claims will have the same deductibles. Depending on the insurer, in the event of filing a claim for two vehicles at once, it is possible to pay only one deductible. For example, if two vehicles that are insured on the same policy got damaged in a fire or a flood, drivers will only have to pay one deductible.
Reduced risk of lapses. With a multi-car policy, drivers will have to pay one monthly policy bill at the same location and at the same time. In the case of individual policies, drivers that own multiple cars will have to remember the due dates of each policy and pay them at different locations.
Cheaper rates for high-risk drivers. Teen drivers, DUI convicted drivers, senior drivers are considered high-risk by insurance companies and have to pay high insurance premiums. The multi-car insurance policy premiums will increase if a high-risk driver is added to the policy. However, the overall policy premiums increase would be lowered when compared to the premiums paid by the high-risk driver on a separate policy.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/.

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

"Multi-car insurance policies will help drivers save precious time and money," said Russell Rabichev, Marketing Director of Internet Marketing Company.

CONTACT:

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

SOURCE: Internet Marketing Company

ReleaseID: 574111