Monthly Archives: February 2020

Alain Goetz Supports Entebbe Children’s Welfare School in Uganda

Mr. Alain Goetz has been supporting Entebbe Children's Welfare Primary School since 2014

BRUSSELS, BELGIUM / ACCESSWIRE / February 19, 2020 / Alain Goetz is proud to support Entebbe Children's Welfare School in Uganda. Most recently, he financed the construction of a new classroom block.

Alain Goetz has been supporting Entebbe Children's Welfare School since 2015. As the former CEO of African Gold Refinery (AGR), Alain Goetz led the company's corporate social responsibility program and provided financial aid to continuously support the school and build additional infrastructure such as classrooms, dormitories, and other facilities. Alain Goetz continues to support Entebbe Children's Welfare School in any way he can.

Entebbe Children's Welfare School, a government-aided school, cares for children with disabilities and special needs. The education ministry in Uganda has strategic objectives in place that focus on the educational needs of all children and provides the school with a grant, which finances instructional materials, medication, light meals, and salaries for the teachers. The ministry also recently announced that it would include finances for the school to hire additional teachers in its plans.

"We will continue to engage with the department for special needs in the ministry to see where we can help," says Alain Goetz.

Contact:

Nathalie Seliffet
Email: foodstep@hotmail.com
Website: www.foodstepuganda.be

SOURCE: Tony Goetz

ReleaseID: 577029

Emerald Bay Energy Updates DCRC and Rouse Lease Operations

CALGARY AB, and SAN ANTONIO, TX / ACCESSWIRE / February 19, 2020 / Emerald Bay Energy Inc. (TSXV:EBY)(OTC:EMBYF) (the "Company" or "Emerald Bay") reported that the Company has completed drilling the fifth well, #4HC, on the Duval County Ranch Company ("DCRC") "E" lease, and the well is now on production. The five wells drilled to date at DCRC are now producing 73 bbls/day of oil. Additionally, repairs to the flow line on the Rouse lease have been competed, and 6 bbls/day of oil production has been added as anticipated.

About Emerald Bay

Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadalupe, Texas, where the Company currently owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

http://bit.ly/8020EBY

For further information, please contact:

Emerald Bay President, Shelby D. Beattie, or CFO, Mike Rice, by telephone at (403) 262-6000
Email: info@ebyinc.com
www.ebyinc.com.

Neither 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: Emerald Bay Energy Inc.

ReleaseID: 577047

SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Grand Canyon Education, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 19, 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: 577090

SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Front Yard Residential Corporation (NYSE – RESI)

BALA CYNWYD, PA / ACCESSWIRE / February 19, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Front Yard Residential Corporation ("Front Yard" or the "Company") (NYSE:RESI) for possible breaches of fiduciary duty and other violations of federal and state law in connection with proposed acquisition of the Company by Amherst Residential, LLC ("Amherst Residential"). Under the terms of the agreement, Front Yard shareholders will receive only $12.50 for each share of Front Yard stock that they own.

The investigation concerns whether the Front Yard Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Amherst Residential is underpaying for the Company. For example, the deal price is well below the 52-week high of $13.28 for the Company's shares, and the stock was trading over the deal price as recently as late December 2019. Additionally, the twelve-month average analyst price target for Front Yard is $15.00.

If you own shares of Front Yard stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/front-yard-residential-corporation-nyse-resi/, or calling toll free 877-534-2590.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:
Marc Ackerman
610-667-6200
mackerman@BrodskySmith.com

SOURCE: Brodsky & Smith, LLC

ReleaseID: 576994

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – RESI, LM, AMTD

NEW YORK, NY / ACCESSWIRE / February 19, 2020 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate whether the following proposed mergers are fair to shareholders. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders:

Front Yard Residential Corporation (NYSE: RESI)

The investigation concerns whether Front Yard and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Front Yard to Amherst Residential, LLC for $12.50 per share in cash. If you are a Front Yard shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/front-yard-residential-corporation-merger-stock-amherst-residential/.

Legg Mason, Inc. (NYSE: LM)

The investigation concerns whether Legg Mason and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Legg Mason to Franklin Resources, Inc. for $50.00 per share in cash. If you are a Legg Mason shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/legg-mason-inc-merger-stock-franklin-resources/.

TD Ameritrade Holding Corporation (NASDAQ: AMTD)

The investigation concerns whether TD Ameritrade and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of TD Ameritrade to The Charles Schwab Corporation for 1.0837 Charles Schwab shares for each TD Ameritrade share. If you are a TD Ameritrade shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/td-ameritrade-holding-corporation-amtd-stock-merger-charles-schwab/.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

SOURCE: Halper Sadeh LLP     

ReleaseID: 577093

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Grand Canyon Education, Inc. Investors

BENSALEM, PA / ACCESSWIRE / February 19, 2020 / Law Offices of Howard G. Smith continues its investigation on behalf of Grand Canyon Education, Inc. ("Grand Canyon" or the "Company") (NASDAQ:LOPE) investors concerning the Company and its officers' possible violations of federal securities laws.

On January 28, 2020, Citron Research published a report alleging, among other things, that Grand Canyon was improperly using a "captive, non-reporting subsidiary to hide its liabilities," thereby "artificially inflat[ing] the [company's] stock price."

On this news, the Company's share price fell $7.43, or over 8%, to close at $84.07 per share on January 28, 2020, thereby injuring investors.

If you purchased Grand Canyon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

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

CONTACT:

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

SOURCE: Law Offices of Howard G. Smith

ReleaseID: 577089

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Six Flags Entertainment (SIX) Investors Who Suffered 500K+ Losses to Contact Firm Now, Securities Fraud Case Filed

SAN FRANCISCO, CA / ACCESSWIRE / February 19, 2020 / Hagens Berman urges Six Flags Entertainment Corporation (NYSE:SIX) investors who have suffered losses in excess of $500,000 to submit their loss now to learn if they qualify to recover their investment losses. A securities class action has been filed against the Company and certain investors may have valuable claims.

Class Period: Apr. 25, 2018 – Jan. 9, 2020

Lead Plaintiff Deadline: Apr. 13, 2020
Sign Up: www.hbsslaw.com/investor-fraud/SIX

Contact an Attorney Now: SIX@hbsslaw.com

844-916-0895

Six Flags Entertainment Corporation (SIX) Securities Class Action:

According to the Complaint, Defendants made false and misleading statements about Six Flags' business, operations, and growth prospects related to agreements with its partner (Riverside) to develop parks in China.

More specifically, according to the Complaint, as development of those parks began to face delays, Defendants falsely (1) downplayed the problems as "short-term" and "not material in the context of the long-term opportunity" and (2) assured that Riverside was "work[ing] through" the macroeconomic issues in China and that Riverside was in "great shape" financially.

The Complaint alleges that investors learned the truth about development delays and Riverside's financial health through a series of partial disclosures beginning on Feb. 14, 2019, when Defendants announced a negative $15 million revenue adjustment for Q4 2018 due to delays in opening dates of some of its China parks, which the Company falsely blamed on macroeconomic issues in China. The Complaint alleges that the fraud was fully disclosed on Jan. 10, 2020, when Defendants disclosed further delays in development of Six Flags-branded parks in China and Riverside's default on its payment obligations to Six Flags.

Each disclosure drove the price of Six Flags shares sharply lower.

"We're focused on recovering investors' losses and proving Six Flags intentionally misled investors about the progress of its parks in China," said Reed Kathrein, the Hagens Berman partner leading the investigation.

Whistleblowers: Persons with non-public information regarding Six Flags 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 SIX@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: 577088

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of FSCT, OPRA and PTLA

NEW YORK, NY / ACCESSWIRE / February 19, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Forescout Technologies, Inc. (NASDAQ: FSCT)
Class Period: February 7, 2019 to October 9, 2019
Lead Plaintiff Deadline: March 2, 2020

The complaint alleges that throughout 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.

Learn about your recoverable losses in FSCT: http://www.kleinstocklaw.com/pslra-1/forescout-technologies-inc-loss-submission-form?id=5494&from=1

Opera Limited (NASDAQ: OPRA)
Class Period: (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

During the class period, Opera Limited allegedly made materially false and/or misleading statements and/or failed to disclose that: (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.

Learn about your recoverable losses in OPRA: http://www.kleinstocklaw.com/pslra-1/opera-limited-loss-submission-form?id=5494&from=1

Portola Pharmaceuticals, Inc. (NASDAQ: PTLA)
Class Period: May 8, 2019 to January 9, 2020
Lead Plaintiff Deadline: March 16, 2020

The PTLA lawsuit alleges Portola Pharmaceuticals, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period 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.

Learn about your recoverable losses in PTLA: http://www.kleinstocklaw.com/pslra-1/portola-pharmaceuticals-inc-loss-submission-form?id=5494&from=1

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

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

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

SOURCE: The Klein Law Firm

ReleaseID: 577094

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Opera Limited (OPRA) Investors With Losses to Contact its Attorneys: Application Deadline Approaching

SAN FRANCISCO, CA / ACCESSWIRE / February 19, 2020 / Hagens Berman urges Opera (NASDAQ:OPRA) investors who have suffered significant losses to submit their losses now to learn if they qualify to recover their investment losses. A securities class action has been filed against the Company and certain investors may have valuable claims.

Class Period: July 24, 2018 – Jan. 15, 2020

Lead Plaintiff Deadline: Mar. 24, 2020

Sign Up: www.hbsslaw.com/investor-fraud/OPRA

Contact An Attorney Now: OPRA@hbsslaw.com

844-916-0895

Opera (OPRA) Securities Class Action:

According to the Complaint, Defendants misled investors by misrepresenting and failing to disclose that (1) Opera's sustainable growth and market opportunity for its browser apps were significantly overstated and (2) Defendants' funded, owned, or otherwise controlled loan services apps and businesses relied on predatory lending practices, and (3) 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 apps' continued availability on the Google Play Store.

The market learned the truth on Jan. 16, 2020, when Hindenburg Research published a scathing report about the Company, accusing Opera of engaging in predatory short-term loans in Africa and India, deploying deceptive "bait and switch" tactics to lure borrowers, and charging egregious interest rates ranging from about 365% – 876%. According to the report, Opera's apps are now "in black and white violation of numerous Google rules," and therefore "this entire line of business is at risk of disappearing or being severely curtailed."

In addition, the Report accused Opera's chairman and CEO, Yahui Zhou of diverting $40 million of Company proceeds to entities owned or influenced by Zhou through a slew of questionable related-party transactions that were not adequately disclosed to investors.

In response, the price of Opera ADSs fell sharply on Jan. 16, 2020. Opera ADSs now trade sharply below Opera's IPO and secondary offering prices.

"We're focused on investors' losses and proving Opera concealed the risks posed by its short term loan business and questionable related-party deals," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased ADSs of Opera and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Opera Limited 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 OPRA@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: 577087

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against ProAssurance Corporation and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 19, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ProAssurance Corporation ("ProAssurance" or "the Company") (NYSE:PRA) 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. ProAssurance disclosed on January 22, 2020, that it would take a $37 million charge to loss reserves for the fourth quarter of 2019 based on "deteriorating loss experience, driven by a large national healthcare account." Based on this news, shares of ProAssurance fell by more than 11% the next day.

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.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 577085