Monthly Archives: February 2020

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – OPB, LM, ETFC

NEW YORK, NY / ACCESSWIRE / February 27, 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:

Opus Bank (NASDAQ:OPB)

The investigation concerns whether Opus Bank 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 Opus Bank to Pacific Premier Bancorp, Inc. Under the terms of the proposed transaction, holders of Opus common stock (including holders of Opus Series A preferred stock whose shares will be treated on an as-converted basis) will have the right to receive 0.90 shares of Pacific Premier common stock for each share of Opus common stock they own. If you are an Opus Bank shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/opus-bank-opb-stock-merger-pacific-premier/.

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/.

E*TRADE Financial Corporation (NASDAQ:ETFC)

The investigation concerns whether E*TRADE 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 E*TRADE to Morgan Stanley for 1.0432 Morgan Stanley shares for each E*TRADE share. If you are an E*TRADE shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/etrade-financial-corporation-etfc-stock-merger-morgan-stanley/.

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: 578191

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – TLRA, WAAS, CBB

NEW YORK, NY / ACCESSWIRE / February 27, 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:

Telaria, Inc. (NYSE:TLRA)

The investigation concerns whether Telaria and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the merger between Telaria and The Rubicon Project, Inc. If you are a Telaria shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/telaria-inc-tlra-stock-merger-rubicon-project/.

AquaVenture Holdings Limited (NYSE:WAAS)

The investigation concerns whether AquaVenture 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 AquaVenture to Culligan for $27.10 per share. If you are an AquaVenture shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/aquaventure-holdings-limited-waas-stock-merger-culligan/.

Cincinnati Bell Inc. (NYSE:CBB)

The investigation concerns whether Cincinnati Bell 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 Cincinnati Bell to Brookfield Infrastructure Partners L.P. and its institutional partners for $10.50 per share. If you are a Cincinnati Bell shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/cincinnati-bell-inc-cbb-stock-merger-brookfield-infrastructure/.

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: 578190

Carl Camden, iPSE-US & Hollie Heikkinen, iWorker Innovation Red Carpet Interview with Matt Bird at 2019 Conv2X Conference, Video Archives Now Available Traders Network Show – Equities News

Video Archives are now available: Carl Camden & Hollie Heikkinen catch up with host Matt Bird on the red carpet at 2019 Converge2Xcelerate in Boston, Massachusetts

BOSTON, MA / ACCESSWIRE / February 27, 2020 / Equities News releases Carl Camden, Founder of iPSE-U.S., and Hollie Heikkinen, CEO of iWorker Innovation, Converge2Xcelerate ("Conv2X") conference red carpet interview with Traders Network Show Host Matt Bird video archives, live from Seaport World Trade Center in Boston, MA. The Converge2Xcelerate is an impact event aimed at encouraging healthcare industry innovation through blockchain technology, collaboration and thought-leadership advocacy.

Highlights:

iPSE-U.S. is the first not-for-profit to provide access to benefits, advocacy, & education to the independent workforce
Independent workers contribute ~$1.56 trillion to US economy
Approx. 36%. of US workforce are independent contractors

Watch full video: Red Carpet Interview

Event Details

Event: Converge2Xcelerate Conference (ConvV2X)

Guests: Carl Camden, Founder of iPSE-US & Hollie Heikkinen, CEO of iWorker Innovations

Release Dates: Feb 7, 2020

Location: Seaport World Trade Center (Boston, MA)

Show: Traders Network Show

Host: Matt Bird | Equities News Profile

Network: Equities News | Equities.com

Equities News: Carl Camden & Hollie Heikkinen Video Archive & Transcript

YouTube Archive: Click Here

Converge2Xcelerate: Equities News Portal Page

About Converge2Xcelerate Conference

Converge2Xcelerate (#ConV2X) challenges audiences to catalyze and change healthcare using blockchain technology, telehealth, and converging technologies to build consensus for new healthcare solutions and reduce costs for health systems and health consumers. Top world authorities share business cases, pilots, and scaled use, to demonstrate the impact of new and vetted solutions to address challenges in healthcare.

For more information visit: www.conv2x-2019.eventcreate.com

About Traders Network Show

The Traders Network Show (an Equities News original program) is a not-for-profit business news program covering full-length economic development and impact events around the world; World Economic Forum, OECD, EU Parliament, Vatican, U.S. Department of Commerce, United Nations and more.

Hosted by Matt Bird and David Nelson, the Traders Network Show interviews the front-page titans, government officials, CEO's, influencers and power executives making headlines today on how economic development and impact strategy is shaping our emerging growth economies.

For more information visit: www.tradersnetworkshow.com | Facebook | Twitter | LinkedIn

About Equities News | Equities.com

Equities News (www.equities.com) is a digital news agency – a leading producer, aggregator, and provider of full-length video and editorial coverage of economic development, sustainability, and impact events worldwide. Equities provides turn-key hosted and monetized business news solutions for publishers worldwide. Equities News operates five news bureaus: New York, Los Angeles, Vatican City, Baku, and Brussels. The Equities News network reaches more than 40 million households with its original content syndicated across all four major news networks and dozens of financial and business portals, magazines, and newspapers.

For more information visit: Equities.com | InstagramFacebook | LinkedIn

*Equities News are proud supporters of the UN SDGs and Humanity 2.0

CONTACTS:

Business Inquiries:

Matt Bird
President
Equities News | Equities.com
C: +1 646.401.4499
E: matt@equities.com
Matt Bird's LinkedIn

Communications Contact:

Nicole Liddy
Communication Coordinator
Equities News | Equities.com
C: +1 848.702.4173
E: nicole.liddy@equities.com

SOURCE: Equities News 

ReleaseID: 578189

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sasol Limited (SSL)

LOS ANGELES, CA / ACCESSWIRE / February 27, 2020 / Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming April 6, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Sasol Limited ("Sasol" or the Company") (NYSE:SSL) securities between March 10, 2015 and January 13, 2020 inclusive (the "Class Period").

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

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles Linehan, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.

On October 27, 2014, Sasol announced the construction of an $8.1 billion ethane cracker and derivatives complex called the Lake Charles Chemicals Project ("LCCP").

On June 6, 2016, Sasol reported "that the expected total capital expenditure for the [LCCP] could increase up to US $11 billion, including site infrastructure and utility improvements." Moreover, the Company disclosed that "the estimated LCCP capital cost and extended schedule will reduce the expected project returns by approximately the same amount as the Company's lower long-term price assumptions."

On this news, Sasol's American depositary receipt ("ADR") price fell $3.53 per share, or approximately 11%, to close at $28.60 per share on June 6, 2016, thereby injuring investors.

On May 22, 2019, during pre-market hours, Sasol revealed that "the cost estimate for the LCCP has been revised to a range of $12.6 to $12,9 billion which includes a contingency of $300 million."

On this news, Sasol's ADR price fell $4.50 per share, or nearly 15%, to close at $25.64 per share on May 22, 2019, thereby injuring investors further.

On August 16, 2019, during pre-market hours, Sasol postponed its full-year 2019 financial results because of "possible LCCP control weaknesses."

On this news, Sasol's ADR price fell $0.74 per share, or over 4%, to close at $17.67 per share on August 16, 2019, thereby injuring investors further.

On October 28, 2019, Sasol disclosed that there were "errors, omissions, and inaccuracies in the [LCCP] cost estimate" and that the highest level of management had engaged in a number of unethical and improper reporting activities. Sasol also announced the resignation of, inter alia, its Joint Presidents and Chief Executive Officers ("CEOs") and Senior Vice Presidents and others previously in charge of the LCCP.

On January 14, 2020, Sasol confirmed "an explosion and fire at its LCCP low-density polyethylene (LDPE) unit." Sasol stated that "[t]he unit was in the final stages of commissioning and startup when the incident occurred."

On this news, Sasol's ADR price fell $1.70 per share, or nearly 8%, over the following two trading days to close at $19.99 per share on January 15, 2020, thereby injuring investors further.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Sasol had conducted insufficient due diligence into, and failed to account for multiple issues with, the LCCP, as well as the true cost of the project; (2) that construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (3) that these issues were exacerbated by Sasol's top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project's oversight; (4) that all of the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; and (5) that as a result, the Company's public statements were materially false and misleading at all relevant times.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased or otherwise acquired Sasol securities during the Class Period, you may move the Court no later than April 6, 2020 to request an appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class-action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

Contacts

Glancy Prongay & Murray LLP, Los Angeles
Charles Linehan, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

SOURCE: Glancy Prongay & Murray LLP

ReleaseID: 578073

Voip-Pal CEO Emil Malak Explains Why the Novel Coronavirus is Different

In an interview with CEOCFO Magazine, VOIP-PAL CEO and Director Emil Malak discusses why we are looking at a Global Pandemic

WASHINGTON, DC / ACCESSWIRE / February 27, 2020 / CEOCFO Magazine, an independent investment publication that highlights important technologies and companies, today announced an interview (https://www.ceocfointerviews.com/voippal0220.html) with Emil Malak, founder of Voip-Pal (OTCQB:VPLM), a Vancouver, B.C.-based company inventers and pioneers of the switching technology now being used by many of the world's largest telecommunication and social networking companies, without which they could not connect Landline phone calls to Internet phone calls.

Mr. Malak is also a restaurant owner, which is part of an industry greatly affected by the coronavirus and its possible spread. As Malak explained in the interview, "Researchers need to carefully study and analyze if the virus is being exported from China, Japan or other places, or if it has established itself into homegrown transmission. What I mean by homegrown is that someone in the U.S. contracted it from an overseas carrier and is now infecting local people and creating a cluster that can become a pandemic. Now is the time to deploy a full-blown plan of attack."

In his recent Op-ed (https://www.ceocfointerviews.com/voippaloped0220.html) Mr. Malak notes, "Experts can no longer say with certainty that a 14-day quarantine period is adequate. We already know of at least one person, a 70-year-old man in Hubei Province China, who did not display symptoms until 27 days after being infected." In his interview he points to a need for 3 months quarantine for anyone returning from China and why; "14 days is not enough to ensure the public's safety. Anyone who has traveled from China since October 2019 should have been quarantined for 90 days. Over 5 million people escaped the Hubei Province just before the mandatory quarantine was enacted. Many of them were probably infected and have spread all over China. Its believed a small percentage likely traveled abroad and have been spreading the virus to those they have come in contact with."

"One of the major problems with the coronavirus is a person with the virus may test negative even with mild flu like symptoms, but weeks or months later they can develop full-blown coronavirus with serious respiratory complications. In the meantime, that carrier will infect other people who can develop coronavirus symptoms right away," says Malak, who's 8-year daughter recently came down with flu like symptoms and had to be tested for the coronavirus. "This experience made me understand firsthand the pain and fear being experienced by so many in China and the surrounding regions where the coronavirus abounds."

As Malak told CEOCFO's Bud Wayne, "The mortality rate has officially exceeded 2% but some experts have been saying the real number is closer to 8%.".

Malak explains how some have tried to downplay the pandemic affect the world could be facing, "Iran's Deputy Health Minister Iraj Harirchi was recently on state TV looking ill and sweating while he was downplaying the effects of the coronavirus in Iran. Now we learned he tested positive for the virus and is under quarantine."

Iranian health minister news conference:

 
 

Is the coronavirus here to stay? There is a Harvard professor epidemiologist, Marc Lipsitch thinks that the novel coronavirus will soon become a pandemic-meaning that it will spread across regions. Malak references Marc Lipsitch's who, "estimated that 40 to 70 percent of people could be infected by the virus that causes COVID-19 if it becomes pandemic."

Contact:

Bud Wayne
CEOCFO Magazine
570-851-1745
budwayne@ceocfomagazine.com

SOURCE: CEOCFO Magazine

ReleaseID: 578170

China Telecom Sichuan and Huawei Build a 3D-Mesh Backbone Network with OXC

CHENGDU, CHINA / ACCESSWIRE / February 27, 2020 / China Telecom Sichuan announced that they have built a mesh backbone network with Huawei, using Huawei's latest all-optical switching OXC product to reconstruct the provincial backbone optical transmission network, explore the potential of live network resources, expand network capabilities, and improve O&M efficiency to cope with the mid- and long-term challenges brought by digital transformation and new service development in the era of cloud interconnection.

To consistently provide high-quality network services for customers and stay up to date with advanced network technologies, China Telecom Sichuan adheres to continuous investment in network construction and steady improvement of network capabilities. China Telecom Sichuan faces a series of problems during network construction: Network traffic is uneven. Take Chengdu as an example. The traffic on transmission nodes exceeds 75% in hotspot areas, whereas the traffic on other nodes is less than 30%. Equipment room resources are insufficient; space and power supply are insufficient in provincial backbone core equipment rooms; new optical transport planes consume a large number of resources and the construction takes a long time. In addition, the traditional ROADM solution takes up a large amount of equipment room space and uses complex inter-board fiber connections, complicating maintenance.

To meet the requirements of fast network construction, improve network robustness, and reduce TCO, this project uses Huawei's OptiXtrans solution to enable full-mesh services and one-hop transmission, greatly reducing network latency. The project introduces the OXC technology to 12 core nodes of the provincial backbone system, including Chengdu Xinhua, Chengdu Besen, and Mianyang network management building. New devices are interconnected with optical cables to form a mesh network. At the same time, the services carried on the original system are migrated to the new OXC system to form an optical cube network with 12 OXC nodes as the core. In this way, services are directly transmitted at the optical layer in one hop. Huawei's OXC product is based on optical backplane technology with high reliability and low insertion loss. It integrates multiple independent boards in the traditional ROADM solution. This simplifies site deployment, and reduces the footprint of equipment rooms by 80% and optical-layer commissioning time by 80%. Industry-leading LCoS switching technology implements the Pbit/s cross-connection and up to 32 degrees of optical cross-connection grooming, meeting the requirements for mesh interconnection and large-capacity grooming of China Telecom Sichuan's high-value traffic. In addition, Huawei OXC solves complex fiber connections at traditional ROADM sites, simplifies optical-layer connections, implements intra-site optical-layer zero fiber connections, and uses the built-in digital optical parameter detection to detect fiber quality, wavelength performance, wavelength utilization, and wavelength paths in real time. This enables digital O&M at the optical layer, greatly improving network O&M efficiency.

In June 2019, Sichuan Province and China Telecom Sichuan jointly launched the west Sichuan big data center in Ya'an to build a big data industry base. As an important network infrastructure, the provincial backbone optical cube network features high bandwidth, low latency, flexible expansion, and easy O&M, meeting the requirements for fast provisioning and flexible on-demand selection of DC services.

So far, the new OXC 3D-mesh backbone network has been running for more than six months. The network has flexible expansion capabilities and can carry important IDC services. It implements conversion from subrack expansion to board expansion and shortens the response time from months to days. With the high integration and automation features of OXC, China Telecom Sichuan plans to introduce OXC to major metro nodes to release the space of metro equipment rooms and improve metro network O&M efficiency.

Yang Jin, the senior engineer of China Telecom Sichuan's Network Development Dept, said, "China Telecom Sichuan's backbone transport network is undergoing digital transformation and reconstruction. Huawei's all-optical switching OXC product provides us with high bandwidth, low latency, and efficient and simplified networks, which are a good match for Sichuan Telecom's objectives of rapid development and network simplification, speeding up service rollout and providing customers with optimal network experience."

Simon Lu, President of Huawei Transmission Network Domain, said, "We are glad to work with Sichuan Telecom to build a modern optical transmission network. This network can meet the development requirements of new services in the cloud interconnection era of Sichuan Telecom, improve network O&M efficiency, and provide ultimate experience for end users. Huawei will continue to carry out innovation and research to provide customers with sustainable and evolvable solutions, and help customers achieve business success."

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei's end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 188,000 employees by the end of 2018, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company fully owned by its employees.

For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei

http://www.twitter.com/Huawei

http://www.facebook.com/Huawei

http://www.youtube.com/Huawei

Contact:

Raymond Chou
raymond.chou@wmglobal.com

SOURCE: Huawei

ReleaseID: 578186

Entrepreneur David Wilson On Skyrocketing His Wedding Company Through Innovation And Passion

HOUSTON, TX / ACCESSWIRE / February 27, 2020 / When it comes to weddings, unsurprisingly, one is instantly taken over by the ideas of grandeur and extravagance. Modern-day weddings have become an increasingly luxurious affair, especially over the last few years.

Across the United States, not only do weddings cost 35-40 thousand dollars upwards on average, but these figures are skyrocketing every few months. The increasing costs, however, bring tough competition in the market for the talent who work behind the scenes. This is the story of David Wilson, a renowned videographer turned entrepreneur, who built his million-dollar earning empire from the ground up as he worked inside the wedding industry.

"Most people don't really think much about the wedding industry. They typically envision businesses in this sector as individuals and with a side-gig. As true as that is in some cases, there are large, rapidly growing wedding companies that are taking the industry by storm."

Originally from Houston, Texas, David was able to get in early to the industry as a young videographer; he was only 14 years old at the time. He remembers working for free and building his portfolio in the initial years of his career. As he began taking on his first paid clients, David realized fairly early on that it was tough to compete against the bigger names in the industry and that his only real edge in the marketplace was to identify a problem in the industry worthy of innovation.

"There was a real problem in the industry, and I realized it pretty early in my career as a freelance wedding videographer. The entire wedding marketplace was filled with mostly part-time vendors like myself. Primarily photographers, videographers, makeup artists, and planners, a good majority of these companies were just one or two people who had weekday jobs, and they were pricing themselves out of business to make ends meet, while creating a rising average of industry pricing across the board."

After investigating his competition in the wedding marketplace, a rather large market in Houston and surrounding areas, David created a new strategy for generating high amounts of revenue, without charging higher rates.

"I love and respect my fellow wedding companies in the industry, however, what most wedding vendors who came into this marketplace early on did not understand, is that there is no room for setting prices based on arbitrary, personal criteria. Many wedding companies based their pricing on, essentially, what they felt their art or skill was worth, and working their way up from that mark. What's worse, is that these arbitrary figures bleed into other new wedding startups, who think that this is the industry standard pricing. This specific mindset of price creation might work if you're selling a painting, but a wedding business is still a business, and that's not what your clients want to see on the price tag, nor will it help you see the large volume. A couple getting married, in theory, wants to start at a simple price: $0. They want your services for free. So when I priced my services, I started at free. I calculated my actual costs per wedding, and then I worked my way up to a margin and a price that my clients could afford and stopped right there. I offered the best possible services the industry could offer, without nickel and diming couples for ‘an extra hour', or ‘a re-edited wedding video'. These things cost me nothing, and shouldn't cost my clients anything either. We do not charge hourly on any of our packages, and anything that does not cost our company extra, we do not charge the clients for. Many companies are continuing to upcharge couples on obscure costs that they cannot, or should not financially justify. This is no way to build a successful business with solid longevity"

David quickly began moving to adopt an empire-mindset as he settled into the ideology that, if he couldn't provide an industry-leading, high-quality product at a reasonable price for his services, then he was doing an injustice to the couples who were entrusting him and his company with their big day. He dropped out of college at the age of 21 and pursue his role as an innovator and entrepreneur.

To achieve aggressive expansion, David began hiring new, talented wedding professionals to work for him and stepped out of an on-site position to run his now booming wedding company, Cinematic Saviors, which now effectively provides fairly-priced services of all varieties (Videography, Photography, Planning, Coordinating, DJ, and Photobooth services) to couples across the country, as well as internationally.

"People still give us a hard time for not charging more, when we could. We get a lot of negativity for keeping our prices so low, but I know there is good business, and there is bad business. I am confident that, when I look back in 20 years, I will know that I was on the right side of capitalism. We will continue to expand, and to offer couples services they need, at prices that just make sense."

In 13 years, David was able to turn his freelance videography side-gig into a million-dollar earning, multi-service wedding company by assessing his competitors' greatest flaws and truly creating a business based on client trust, fair pricing, and unparalleled customer service. His hope is to continue to be an innovator and leader in the industry, and that the 300,000 wedding companies in the United States will follow suit, and begin offering brides an affordable wedding, so they no longer have to compromise on the biggest days of their life.

Contact information:

Company: Cinematic Saviors
Website: www.cinematicsaviors.com
Instagram @cinematic.saviors

SOURCE: Cinematic Saviors

ReleaseID: 578187

Advancing Health and Innovation for Kidney Patients: American Kidney Fund’s 2020 Public Policy Agenda Builds on 2019 Successes

ROCKVILLE, MD / ACCESSWIRE / February 27, 2020 / Building on a year of important policy advances benefitting kidney patients, the American Kidney Fund (AKF) today outlined a robust public policy agenda for 2020 designed to make more kidney transplants possible, provide equitable access to health insurance, and drive innovation in research and treatment.

AKF's 2020 policy agenda incorporates the goals of Trump Administration's Advancing American Kidney Health initiative, announced last July: increase efforts to prevent, detect, and slow the progression of kidney disease; provide kidney patients with more options for treatment; and increase the number of kidney transplants. In addition, AKF is supporting public policy that ensures patient choice and access to health insurance and health care, including Medigap for all kidney failure patients under 65; further investments to spur research and innovation in kidney disease; and preservation of essential safety-net programs such as Medicaid for low-income Americans.

"The recent elevation of kidney disease to a national priority by the Administration underscores the urgency with which policy makers, patients, advocates and the entire kidney community must work together this year and each year to tackle this urgent threat to our nation's public health," said LaVarne A. Burton, AKF president and CEO. "By bringing the patient voice to policy-making, AKF provides essential insights into the very real hardships that Americans living with kidney disease-especially those of limited means-face every day in their struggle to stay alive."

Together with its nationwide Advocacy Network of more than 14,000 Ambassadors, AKF engaged state and federal policymakers in 2019 to advance legislative priorities that promise to improve the lives of Americans living with kidney disease:

Nine states-Arizona, Arkansas, California, Colorado, Illinois, Maryland, Kansas, Oklahoma and Oregon-enacted legislation spearheaded by AKF to protect living organ donors from insurance discrimination, provide guaranteed job-protected leave, and/or provide other incentives to remove obstacles to living organ donation. AKF is working to pass similar legislation in 15 states in 2020.
The Living Donor Protection of Act of 2019–H.R. 1224/S. 511, with nearly 100 bipartisan cosponsors, was introduced to protect living organ donors from insurance discrimination and provide guaranteed job-protected leave. AKF will continue to encourage lawmakers to sign on as cosponsors and to bring this bill to a vote in 2020.
Federal legislation to extend the period of Medicare coverage for immunosuppressive drugs for transplant patients under age 65 (Comprehensive Immunosuppressive Drug Coverage for Kidney Transplant Patients Act of 2019–H.R. 5534) and to guarantee access to Medigap supplemental insurance for end-stage renal disease (ESRD) patients under 65 (Medigap Consumer Protection Act of 2019–H.R. 1394/S. 2428) was introduced address gaps in the Medicare ESRD Program. AKF supports these bills which are vital to kidney patients and also fiscally sound.
Increased federal funding for kidney disease research and funding for the Kidney Innovation Accelerator project (KidneyX) helped drive innovation in 2019. AKF will continue to fight for adequate funding to needed to continue to advance kidney disease research and treatment.
When the California legislature passed the anti-charitable premium assistance bill, AB 290, AKF challenged that law in the courts along with the patients it serves in California and received a preliminary injunction preventing the law from taking effect until the case is decided. AKF will continue to fight efforts by health insurers to force ESRD patients off their insurance rolls, ensuring that patients have the right to receive charitable premium assistance if they cannot afford to pay their premiums.

About Us

The American Kidney Fund (AKF) fights kidney disease on all fronts as the nation's leading kidney nonprofit. AKF works on behalf of the 37 million Americans living with kidney disease, and the millions more at risk, with an unmatched scope of programs that support people wherever they are in their fight against kidney disease-from prevention through transplant. With programs that address early detection, disease management, financial assistance, clinical research, innovation and advocacy, no kidney organization impacts more lives than AKF. AKF is one of the nation's top-rated nonprofits, investing 97 cents of every donated dollar in programs, and holds the highest 4-Star rating from Charity Navigator and the Platinum Seal of Transparency from GuideStar.

For more information, please visit KidneyFund.org, or connect with us on Facebook, Twitter, Instagram and LinkedIn.

Contacts

 
Alice Andors
11921 Rockville Pike, Suite 300, Rockville, MD 20852

Senior Director of Communications
Work: 240-292-7053 Mobile: 703-609-6085

aandors@kidneyfund.org
KidneyFund.org

SOURCE: American Kidney Fund

ReleaseID: 578188

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of SSL, OPRA and WBK

NEW YORK, NY / ACCESSWIRE / February 27, 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.

Sasol Limited (NYSE:SSL)

Investors Affected : March 10, 2015 – January 13, 2020

A class action has commenced on behalf of certain shareholders in Sasol Limited. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Sasol had conducted insufficient due diligence into, and failed to account for multiple issues with, the Lake Charles Chemicals Project ("LCCP"), as well as the true cost of the project; (ii) construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (iii) these issues were exacerbated by Sasol's top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project's oversight; (iv) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; 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/sasol-limited-loss-submission-form/?id=5535&from=1

Opera Limited (NASDAQ:OPRA)

Investors Affected : (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,

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

Shareholders may find more information at https://securitiesclasslaw.com/securities/opera-limited-loss-submission-form/?id=5535&from=1

Westpac Banking Corporation (NYSE:WBK)

Investors Affected : November 11, 2015 – November 19, 2019

A class action has commenced on behalf of certain shareholders in Westpac Banking Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) contrary to Australian law, the Company failed to report over 19.5 million international funds transfer instructions to the Australian Transaction Reports and Analysis Centre ("AUSTRAC"); (2) the Company did not appropriately monitor and assess the ongoing money laundering and terrorism financing risks associated with movement of money into and out of Australia; (3) the Westpac did not pass on requisite information about the source of funds to other banks in the transfer chain; (4) despite being aware of the heightened risks, the Company did not carry out appropriate due diligence on transactions in South East Asia and the Philippines that had known financial indicators relating to child exploitation risks; (5) the Company's Anti-Money Laundering and Counter-Terrorism Financing Policy Program was inadequate to identify, mitigate and manage money laundering and terrorism financing risks; and (6) 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/westpac-banking-corporation-loss-submission-form/?id=5535&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: 578184

Global Merchant Fund Provides $40,000,000 Client Facility

AVENTURA, FL / ACCESSWIRE / February 27, 2020 / Global Merchant Fund (GMF), announced an increase in the credit facility to $40,000,000 for a financial technology company based in western Canada. The increase will consolidate the company‘s existing facilities and provide additional liquidity to continue to grow its business across Canada in a profitable manner.

The company is well established with a customer base across most provinces in Canada with an unique business model in assisting its clients to meet their financial goals, all supported by a strong management team with extensive industry experience, progressive IT delivery model and strong partnerships in the local community.

Karim Habib, Managing Director – Business Lending said, "closing this transaction and providing the company with continued liquidity validates our position in supporting small and mid-market companies with their growth opportunities in Canada and the USA, as we continue to build our presence. In this competitive financing market place, it is imperative for us to deliver value added, competitively priced and well-structured working capital solutions, while delivering financial solutions to our clients and professionals who rely on our ability to execute in a timely manner." Each credit facility is customized to meet the individual company's needs, taking into consideration specifics such as off balance sheet financing, trade cycles, seasonality, unique customer base and business model. Flexibility and creative structure is what makes GMF unique and its ability to finance companies across Canada and the USA.

Founded in 2006, Global Merchant Fund (GMF) is a provider of domestic and international financing solutions for growing mid-sized businesses across a wide variety of industries and geographic locations. GMF helps clients succeed through their AR financing, ABL, purchase order and supplier chain financing programs with a focus supporting companies with strong management and growth opportunities. GMF has principal operations in Toronto, Canada, Miami, FL, and New York, NY.

For more details, please contact Karim Habib, Managing Director, Global Merchant Fund: khabib@globalmerchantfund.com

www.globalmerchantfund.com

 

Business financing solutions

SOURCE: Global Merchant Fund

ReleaseID: 578176