Monthly Archives: February 2020

Top Gold Stocks To Watch This Quarter

CORAL GABLES, FL / ACCESSWIRE / February 27, 2020 / The top website for all things gold stocks, GoldStocks.com just released a new & exclusive article titled: Top Gold Stocks You Should Know About Right Now. The team at GoldStocks.com talks about some of the top gold stocks to watch this quarter.

Within this article, GoldStocks.com discusses how: "Gold prices are smashing record levels not seen in over 7 years and gold stocks are benefiting handsomely. If there were ever a time to be looking at gold stocks, now may be that time. The reason being is that aside from coronavirus concerns, there are many other factors to consider. First, the U.S. and China have a Phase 1 trade deal. While that's great progress, it isn't a completed deal leaving much up to speculation. Further, the energy sector is getting slammed with tensions still in the air between top energy-producing countries. Then you have to consider the fact that world economies are slowing down. This has caused a flight toward safe-havens this quarter. With that in mind, here's a list of gold stocks to watch right now including Barrick Gold Corporation (GOLD)."(click here for the full article)

Read the article from GoldStocks.com titled: Top Gold Stocks You Should Know About Right Now <<< Click Here

Gold Stocks (GoldStocks.com)

GoldStocks.com is the best place to find the top gold stocks to buy, a full list of gold stocks and mining stock news, articles & information. Mining stocks and Gold Stocks are off to a very strong start in 2020 and are expected to continue their bullish run. Subscribe, to our Free Gold Stocks Newsletter and stay updated on the top gold stocks picks, exclusive articles, gold stock alerts and mining company news.

Contact:

Name: Adam Lawrence
Email: news@goldstocks.com
Phone: (305) 390-2368

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MIDAM VENTURES LLC, which owns www.GoldStocks.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. Please Read Our Full Disclosure Located Here: https://goldstocks.com/disclaimer/

SOURCE: GoldStocks.com

ReleaseID: 578171

Kraft Liner Sales to Cross US$ 20 Bn by 2029; Plastic Free Packaging Gains Solid Traction in F&B and Retail, Says Future Market Insights

Major Kraft liner manufacturers are focusing on product innovation and customization to meet consumer demand for sustainable and environmentally friendly products.

DUBAI, UAE / ACCESSWIRE / February 27, 2020 / The global kraft liner market will reach a valuation of US$ 20 Bn in 2029, witnessing a steady growth outlook during the forecast period (2019 – 2029). According to a new study by Future Market Insights (FMI), the market for kraft liners is largely influenced by increasing concerns over single use plastic packaging and the thriving sustainability trend.

"Brand owners in the kraft liner market are investing aggressively in packaging, driven by rise in the adoption of premium and customized packaging solutions. Manufacturers can gain substantial profits with development of diverse packaging solution portfolios in terms of both technology and design," reveals FMI's research.

Request report sample with 250+ pages to gain in-depth insights https://www.futuremarketinsights.com/reports/sample/rep-gb-6674

Key Research Findings of FMI's Kraft Liner Market Study

Food grade kraft liners will account for a major market share owing to high demand from packaged food industry.
Corrugated box kraft liners are projected to remain preferred through the end of forecast period.
Bleached kraft liner solutions will generate lucrative opportunities owing to demand for high-strength, printable packaging solutions.
China and India turn lucrative for investors in kraft liner market, driven by rapid expansion of retail and manufacturing sectors.

Key Growth Drivers – Kraft Liner Market

Demand for plastic free packaging and the rise of environmental awareness is a key growth driver for kraft liner manufacturers.
The rise in the global retail sector is projected to increase the adoption of kraft liner.
High prospects of digital printing technology are bolstering preference for kraft liners over conventional materials.

Key Impediments – Kraft Liner Market

Implementation of strict regulations by government bodies against paper & pulp industries hampers growth of the kraft liners market.

Explore the complete kraft liner market report with 45 illustrative figures, 42 data tables, and the table of contents. Also find a detailed market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-6674

Competition Structure Analysis – Kraft Liner Market

The competition landscape of kraft liner market remains moderately fragmented and highly competitive. Key producers are also pushing for divestiture, product launches, and expansion of production capacities, with greater focus on innovative packaging formats, to effectively replace plastic packaging solutions.

Some of the key players in the kraft liner market include, but are not limited to NIPPON PAPER INDUSTRIES CO., LTD., Kraft Liner S.A., Papelera Carbó, S.A., Stora Enso Oyj, Svenska Cellulosa AB SCA, International Paper, and Guangzhou KIKA Paper Industry Co., Ltd.

Explore Future Market Insights' detailed coverage on,

Paper Edge Protectors Market– This research report provides a comprehensive range of insights which identify revenue sectors, key strategies, and potential growth opportunities, associated with paper edge protectors.

Temperature Controlled Pharmaceutical Packaging Solutions Market– This report includes a detailed analysis on competitive scenarios, and essential information on major players in the temperature controlled pharmaceutical packaging solutions market.

Box and Carton Overwrap Films Market– This write up encompasses detailed secondary research, which is used to estimate key industry players, overall size of the box and carton overwrap films market, and relevant industry associations.

Gain access to Market Ngage, an AI-powered, real-time business intelligence platform that goes beyond the conventional research solutions to solve the complex strategy challenges that organizations face today.

About the Report

This report offers global, regional, and national level analysis on the latest trends in the industry influencing the kraft liner market. The study provides actionable insights on the kraft liner market on the basis of product type (bleached and unbleached), basis weight (below 200 GSM, 200-400 GSM, and above 400 GSM), end use industry (food, beverages, healthcare, tobacco, automotive, ecommerce, chemicals and fertilizers, building and construction, electricals & electronics, and others), applications (corrugated sheets, corrugated boxes, container boards or solid boards) across 30 countries spanning seven key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact:

Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Market Report: https://www.futuremarketinsights.com/reports/kraftliner-market
Press Release Source: https://www.futuremarketinsights.com/press-release/kraftliner-market

SOURCE: Future Market Insights

ReleaseID: 578167

Detection of Epigenetic Modifications in Plants Now Available in Lifeasible

Lifeasible now provides multiple cutting-edge technologies for the detection of epigenetic modifications including methods for DNA methylation and chromatin modifications.

February 27, 2020 /MarketersMedia/

As a leading plant biotechnology company with abundant experience in plant epigenetic research, Lifeasible now provides multiple cutting-edge technologies for the detection of epigenetic modifications including methods for DNA methylation and chromatin modifications.

Epigenetic modifications are defined as heritable genomic changes caused by DNA modifications or chromatin structure changes rather than DNA sequence changes. It has the potential to alter DNA accessibility and chromatin organization, so epigenetic modifications play an important role in the regulation of gene expression.

Notably, there is increasing evidence that epigenetic regulation largely promotes phenotypic diversity in plants and, more importantly, in regulating plant growth, development, and responses to environmental stimuli. Therefore, the detection and characterization of epigenetic modifications is a key aspect of plant biology research.

According to the official speaker in Lifeasible, detection methods for DNA methylation include: Chromatin immunoprecipitation (ChIP)-based methods, Bisulfite modification of DNA, and Endonucleases digestion. Detection methods for chromatin modifications include Mass spectrometry, Chromatin immunoprecipitation (ChIP)-based methods, DNaseI hypersensitivity assays.

“We are devoted to providing our customers with services of the highest quality. Our experienced scientists and experts are always happy to help you with project designing, experimental optimization, data interpretation, technical consulting and so on.” commented the official speaker from Lifeasible.

If you require more information about the epigenetic modifications services or other analytic services, please visit https://www.lifeasible.com/custom-solutions/plant/analytical-services/detection-of-epigenetic-modifications-in-plants/.

About Lifeasible
As a biotechnology company, Lifeasible is specialized in agricultural science, offering a wide variety of agro-related services and products for environmental and energy solutions.

Contact Info:
Name: Isla Miller
Email: Send Email
Organization: Lifeasible
Website: https://www.lifeasible.com/

Source URL: https://marketersmedia.com/detection-of-epigenetic-modifications-in-plants-now-available-in-lifeasible/88948115

Source: MarketersMedia

Release ID: 88948115

(SCPL) Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of SciPlay Corporation

NEW YORK, NY / ACCESSWIRE / February 27, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SciPlay Corporation ("SciPlay" or the Company") (NASDAQ:SCPL). Investors who purchased SciPlay securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/scpl.

The investigation concerns whether SciPlay and certain of its officers and/or directors have violated federal securities laws.

On or around May 2, 2019, SciPlay conducted its initial public offering ("IPO"), issuing 22 million shares of Class A common stock priced at $16.00 per share. On August 2, 2019, SciPlay issued its financial results for the second quarter of 2019, reporting disappointing growth in both revenue and active users. During the related earnings call, the Company admitted to experiencing technical issues on the SciPlay platform, citing "third-party software." Then, on September 19, 2019, Bank of America Merrill Lynch double-downgraded its recommendation on SciPlay's stock from "Buy" to "Underperform." The bank also cut its price target on SciPlay stock from $17.00 per share to $12.00 per share, citing "lack of catalysts in terms of new games/markets to surprise the upside" along with softer-than-expected growth. Since the IPO, SciPlay's stock has closed as low as $8.55 per share, representing a decline of nearly 47% from the offering price.

If you are aware of any facts relating to this investigation, or purchased SciPlay shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/scpl. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 578142

Prima XL (Formerly WebXL) New Version Offers More Efficient Reinsurance Calculations

Faster closing and new functions, enhanced-hours-clause feature

CORAL GABLES, FL / ACCESSWIRE / February 27, 2020 / Prima Solutions Group, a global insurtech group that designs solutions for insurance and reinsurance professionals, announced the new version of Prima XL, its cloud-enabled reinsurance software.

Prima XL Version 9.7 offers improved functionality to meet the demand for more complex and efficient calculations and faster closing.

2019 was marked by increases in reinsurance rates, including significant increases in several countries, including the United States that have been hit hard by natural disasters. Risk factors and macroeconomic conditions are changing daily across the world and are becoming more complex. It has thus become crucial for reinsurance professionals to monitor these risks and to be able to easily calculate various reinsurance ratios.

Optimized reinsurance calculations

Prima XL Version 9.7 offers new enriched calculation features that meet the market's need to perform ever more complex and powerful calculations.

Prima XL now lets users launch unlimited parallel calculations without any technical constraints. "This is a real time-saver for our users, who can close business in less than a day," said Julien Victor, CEO of Prima Solutions.

Users can also plan reinsurance calculations and program calculations ahead of time. This allows users to focus on validating and analyzing the figures-a real value-added for reinsurance professionals.

Multi-currency management in retention/protection calculations is also optimized. It lets users perform calculations in euros, dollars and pounds, and thus easily manage all international contracts in different currencies.

Enhanced management of the hours clause

The concept of the hours clause in catastrophe reinsurance was created to facilitate the handling of natural disaster claims for companies on both sides of the Atlantic.

Prima XL's hours feature optimizes the time slot by limiting the duration of an event to obtain the best recovery. The tool now allows even more precision by showing the time zone(s) of the disaster area, valuable information for international insurance companies.

About Prima Solutions

Global insurtech group and a key player in insurance in Europe, North America, and Asia-Pacific, Prima Solutions designs software for insurance and reinsurance professionals, covering all business processes in the life insurance, health insurance (for groups and individuals), non-life insurance, and reinsurance sectors.

The group serves more than 300 customers and works with a global network of partners. We help insurance companies go digital more quickly through our highly configurable, modular, and cloud-based all-web software suite – www.prima-solutions.com.

About Prima Solutions USA

Based in Coral Gables, Florida, Prima-Solutions USA is the Group's North American division. U.S. clients include State Auto Insurance Companies, Encova, USAA, AXA, FBL, Genpact, and others.

Source: https://www.prima-solutions.com/en/news/prima-xl-formerly-webxl-new-version-offers-more-efficient-reinsurance-calculations/

Contact:

Henry Stimpson 
Stimpson Communications 
508-647-0705 
Henry@StimpsonCommunications.com

SOURCE: Prima Solutions

ReleaseID: 578024

Corporation Métaux Précieux du Québec opère une deuxième foreuse à Sakami

2 foreuses dédiées à la suite des résultats encourageants du programme de 2019

MONTRÉAL, QC / ACCESSWIRE / le 27 février 2020 / Corporation Métaux Précieux du Québec (TSXV:CJC)(FSE:YXEP)(OTC:CJCFF) (« QPM » ou la « Société ») a annoncé aujourd'hui le début de l'opération d'une deuxième foreuse sur son projet phare Sakami qu'elle détient à 100 % sur le territoire d'Eeyou Istchee Baie-James, au Québec. Le programme de forage de 25 000 m est entièrement financé. Grâce à la première foreuse, un total de 14 sondages (3 103 m) ont été complétés par QPM depuis le début de l'année. Les résultats sont en attente.

La Société annonce également que le levé héliporté magnétique couvrant le projet Elmer East (voir les communiqués de presse des 28 et 30 janvier 2020) a été complété. Ce projet est situé dans le prolongement de la récente découverte aurifère sur le prospect Patwon effectuée par Exploration Azimut Inc. sur son projet Elmer. Les résultats permettront de définir la prochaine phase d'exploration sur le projet qui sera réalisée par la Société en 2020.

Normand Champigny, Chef de la direction de QPM a déclaré : « La réalisation du programme de forage le plus important à Sakami se déroule bien. Des secteurs importants du projet demeurent sous-explorés. Il y aura un flux important de nouvelles tout au long de l'année sur nos programmes de forage et d'exploration de surface. »

Personnes qualifiées

Normand Champigny, ing., chef de la direction de la Société et Jean-Sébastien Lavallée, (OGQ # 773), géologue, vice-président exploration, administrateur et actionnaire de la Société, deux personnes qualifiées en vertu du Règlement 43-101 sur les normes de divulgation concernant les projets miniers, ont préparé et approuvé le contenu technique du présent communiqué.

À propos de Corporation Métaux Précieux du Québec

QPM est une société d'exploration aurifère avec de vastes terrains dans la région très prometteuse d'Eeyou Istchee Baie-James, au Québec, à proximité de la mine d'or Éléonore de Newmont Corporation. Le projet phare de QPM est le projet Sakami avec des teneurs significatives et des cibles bien définies prêtes à forer. L'objectif de QPM est d'avancer rapidement le projet à l'étape de l'estimation de ressources minérales.

Pour plus amples renseignements, communiquer avec :

Jean-François Meilleur
Président
Téléphone : 514 951-2730
Courriel : jfmeilleur@qpmcorp.ca

Normand Champigny
Chef de la direction
Téléphone : 514 979-4746
Courriel : nchampigny@qpmcorp.ca

La Bourse de croissance TSX et son fournisseur de services de réglementation (au sens attribué à ce terme dans les politiques de la Bourse de croissance TSX) n'assument aucune responsabilité quant à la pertinence ou à l'exactitude du présent communiqué.

LA SOURCE : Corporation Métaux Précieux du Québec

ReleaseID: 578174

Quebec Precious Metals Starts Second Drill at Sakami

2 dedicated drills following encouraging results from the 2019 program

MONTREAL, QC / ACCESSWIRE / February 27, 2020 / Quebec Precious Metals Corporation (TSXV:CJC)(FSE:YXEP)(OTC:CJCFF) ("QPM" or the "Company") today reported the start of operation of the second drill rig on its 100% owned flagship Sakami project in Quebec's Eeyou Istchee James Bay territory. The 25,000 m drill program is fully funded. Using the first drill rig, a total of 14 holes (3,103 m) have been completed by QPM since the beginning of the year. Results are pending.

The Company also announces the completion of the magnetic heliborne survey covering the Elmer East project (see press releases of January 28 and 30, 2020) located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. on its Elmer project. The results will help define the next exploration phase on the Project to be carried out by the Company in 2020.

Normand Champigny, CEO of QPM said, "The execution of the most significant drill program at Sakami is going well. Large sections of the project remain under explored. There will be significant news flow throughout the year on our drilling and surface exploration programs."

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.

About Quebec Precious Metals Corporation

QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. QPM's flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM's goal is to rapidly explore this project to advance it to the mineral resource estimate stage.

For more information please contact:

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

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: Quebec Precious Metals Corporation

ReleaseID: 578169

Penny Stocks To Watch As Coronavirus Safe-Havens?

CORAL GABLES, FL / ACCESSWIRE / February 27, 2020 / The top website for all things penny stocks, PennyStocks.com just released a new, exclusive & informative article titled: Top Penny Stocks To Watch Before Next Week. The team at PennyStocks.com discusses 5 penny stocks to watch that could be benefiting greatly from market momentum and a surge of interest in coronavirus safe-havens.

Within this article, PennyStocks.com states how: "It isn't difficult to see that the broader markets are having a tough time right now. With COVID-19 infecting the news cycle, daily, it isn't a bull market like most have become used to. However, we (PennyStocks.com) might have the prescription and it doesn't involve more cowbell. If you look at micro-cap stocks right now, there are plenty rallying to the tune of big percentages. It just comes down to finding the best penny stocks to buy."

The top penny stock website continues: "This week, we've seen everything from biotech to gold penny stocks jump. It may have been partially due to coronavirus concerns. With this in mind, here's a list of penny stocks that may warrant a closer look right now including iBio (IBIO)"

Read the article from PennyStocks.com titled: Top Penny Stocks To Watch Before Next Week <<

Penny Stocks (PennyStocks.com)

PennyStocks.com is the best place to find the top penny stocks to buy, a full list of penny stocks and small cap stock news, articles & information. Penny stocks are off to a very strong start in 2020 and are expected to continue their bullish run. Subscribe, to our Free Penny Stocks Newsletter and stay updated on the top penny stock picks, exclusive articles & small cap stock alerts.

Contact:

Name: Adam Lawrence
Email: news@pennystocks.com
Phone: (305) 204-3247

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MIDAM VENTURES LLC, which owns www.PennyStocks.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. Please Read Our Full Disclosure Located Here: https://pennystocks.com/disclaimer/

SOURCE: PennyStocks.com

ReleaseID: 578168

(TUP) INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Tupperware Brands Corporation and Lead Plaintiff Deadline – April 27, 2020

NEW YORK, NY / ACCESSWIRE / February 27, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE:TUP) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Tupperware securities between January 30, 2019 and February 24, 2020, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/tup.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Tupperware lacked effective internal controls; (2) as a result, Tupperware would need to investigate Fuller Mexico's accounting and liabilities; (3) consequently, Tupperware would be unable to timely file its annual report on Form 10-K for its fiscal year 2019; (4) Tupperware did not properly account for its accounts payable and accrued liabilities at Fuller Mexico; (5) Tupperware provided overvalued earnings per share guidance; (6) Tupperware would need relief from its $650 million Credit Agreement; and (7) 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.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/tup or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Tupperware you have until April 27, 2020 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.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 578141

(TVTY) INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Tivity Health, Inc. and Lead Plaintiff Deadline – April 27, 2020

NEW YORK, NY / ACCESSWIRE / February 27, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against of Tivity Health, Inc. ("Tivity" or the "Company") (NASDAQ:TVTY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Tivity securities between March 8, 2019, and February 19, 2020, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/tvty.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) following the Nutrisystem Acquisition, Tivity's Nutrition segment faced significant operational challenges; (2) the foregoing would foreseeably have a significant impact on Tivity's revenues; and (3) as a result, the Company's public statements were materially false and misleading at all relevant times.

On February 19, 2020, Tivity issued a press release announcing the Company's financial results for the fourth quarter and year ended December 31, 2019. Tivity disclosed, inter alia, that its "Nutrition segment had a disappointing end to 2019," which included "a non-cash impairment charge of $(377.1) million," contributing to a net loss for the Company of $272.8 million in the fourth quarter. Concurrently, Tivity announced the resignation of the Company's Chief Executive Officer ("CEO") Donato Tramuto, effective immediately. Discussing the Company's financial results on an earnings call, the Company's interim CEO, Robert Greczyn, stated that "[a]dmittedly, the nutrition business has not worked out as well as planned since the completion of the [Nutrisystem Acquisition] in March 2019. Following this news, Tivity's stock price fell $10.43 per share, or 45.49%, to close at $12.50 per share on February 20, 2020.

A class-action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/tvty or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Tivity you have until April 27, 2020 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.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC

ReleaseID: 578139