NEW YORK, NY / ACCESSWIRE / February 26, 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.

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

The OPRA lawsuit alleges Opera Limited made materially false and/or misleading statements and/or failed to disclose during the class period 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=5532&from=1

Qudian Inc. (NYSE:QD)
Class Period: December 13, 2018 to January 15, 2020
Lead Plaintiff Deadline: March 23, 2020

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

Learn about your recoverable losses in QD: http://www.kleinstocklaw.com/pslra-1/qudian-inc-loss-submission-form?id=5532&from=1

Geron Corporation (NASDAQ:GERN)
Class Period: March 19, 2018 to September 26, 2018
Lead Plaintiff Deadline: March 23, 2020

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

Learn about your recoverable losses in GERN: http://www.kleinstocklaw.com/pslra-1/geron-corporation-et-al-loss-submission-form?id=5532&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: 578132

BEIJING, CHINA / ACCESSWIRE / February 26, 2020 /The coronavirus infection, also known as COVID-19, hit with a relentless fury since its initial outbreak in Wuhan, China. As of Feb 24, 2020, there have been 2,000 reported deaths out of 70,000 infected so far.

Medical imaging plays a crucial role in the diagnosis and treatment of Novel Coronavirus Pneumonia (NCP), from early discovery of lung abnormalities in suspect cases, to confirming diagnosis and/or determining level of progression, from excluding suspect cases through differential diagnosis, to forming and adjusting treatment plans, as well as tracking conditional development and evaluating the final treatment efficacy and outcome.

HY Medical AI and YouAn Hospital join forces in the battle against NCP

Professor Li Hongjun, Chairman of the Professional Committee of Infectious Disease Radiology of the Chinese Medical Association Radiology Branch and Director of the Department of Radiology of You'an Hospital, along with members of the committee worked through the Spring Festival holidays, racing against time to launch the first "Handbook for Medical Imaging Diagnosis of NCP" (English and Chinese Edition). Under the leadership of Director Li Hongjun, Youan hospital continues to fight the battle to defend the public health. Recently, HY Medical's NCP AI imaging intelligent solution has been stationed in You'an Hospital, bringing practical intelligent assistance to the complete process of screening, diagnosis and treatment of the NPC epidemic.

"Real" AI for real assistance, Fight the epidemic hand in hand

Starting with the algorithm, the HY Medical team collected large amounts of NPC data in real time and obtained precise labelling from the professional panel of doctors to use as the base for their deep learning algorithm. The HY Medical AI system automatically adapts to images from different hospitals, different equipment, and different layer thicknesses, as well as apply self-iteration and model optimizations. The detection and accuracy rate of NPC lesions have reached 96%; combined with technologies such as efficient processors and lightweight network models, it only takes 2-3 seconds to process a CT study with 500 images.

According to on-site personnel, "CT data is but a collection of values used to describe density, CT values alone will not help in determining the various types of indicators in data. Selecting precise labeled data + deep learning algorithm can help demarcate each individual lesion, providing precise contour and volume. AI products play a key role in assisting doctors with their diagnosis, its ability to accurately pin-point the position and identify lesions is of great value in clinical practice."

About HY Medical

As a medical imaging AI leading company, HY Medical, through advanced technologies such as artificial intelligence and big data analysis, leveraging SaaS services on the cloud, HY Medical solves data standardization, centralized storage, information interoperability, and various scenario based applications that can scale. The AI-assisted clinical diagnosis and treatment applications cover diagnosis and screening for more than ten diseases in addition to NCP, as well as support digital e-films applications and big data research applications.

Contact:
Company Name: HY Medical
Person:Wendy Jia
Email: jiajingwen@huiyihuiying.com / marketing@huiyihuiying.com
Phone:400-890-9020
Website:http://en.huiyihuiying.com/

SOURCE: HY Medical

ReleaseID: 578131

NEW YORK, NY / ACCESSWIRE / February 26, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against Southwest Airlines Company ("Southwest" or the "Company") (NYSE:LUV) and certain of its officers. The class action, filed in United States District Court, for the Northern District of Texas, Dallas Division and indexed under 20-cv-00408, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Southwest securities between February 7, 2017, and June 25, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Southwest securities during the class period, you have until April 20, 2020, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

Southwest was founded in 1967 and is based in Dallas, Texas. The Company operates a passenger airline that provides scheduled air transportation services in the U.S. and near-international markets. Southwest is regulated by, among other government entities, the Federal Aviation Administration ("FAA"), the sub-agency of the U.S. Department of Transportation ("DOT") that regulates civil aviation in the U.S. and its surrounding international waters.

Southwest's operations have been plagued by non-compliance and maintenance issues with its flight services for over a decade, often exacerbated by the Company's repeated denials of wrongdoing and self-touted remediation efforts. For example, according to the Wall Street Journal, the FAA's certificate-management office overseeing Southwest faced significant controversy over a decade ago "when congressional investigators discovered that local agency managers had allowed the airline to continue flying tens of thousands of passengers on nearly two dozen aircraft without completing mandatory structural inspections." Additionally, "[i]n 2009, Southwest agreed to pay $7.5 million in penalties to settle allegations that it operated 46 aircraft on 60,000 flights without completing mandatory maintenance checks for potential fuselage cracks."

Notwithstanding these widely reported issues, Southwest has continually denied any wrongdoing, while insisting that it has remained compliant with applicable government maintenance and safety regulations.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Southwest's operations were non-compliant with government maintenance and safety regulations; (ii) the foregoing issues were exacerbated by Southwest's undue influence over FAA officials and, consequently, lax regulatory oversight of the Company's operations; (iii) all of the foregoing significantly increased the safety risks to passengers traveling on Southwest flights and heightened governmental scrutiny into the Company; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

On April 17, 2018, news sources reported that a Southwest plane had blown an engine, which exploded and caused shrapnel to strike the plane. The explosion resulted in the death of one passenger, who was partially pulled through a large hole as the cabin suffered rapid decompression, and injured seven others. According to the Chairman of the National Transportation Safety Board, the incident marked "the first passenger fatality in a U.S. airline accident since 2009," and that, out of twenty-four fan blades in the engine at issue, one was missing. On this news, Southwest's stock price fell $0.62 per share, or 1.13%, to close at $54.27 per share on April 17, 2018.

On April 19, 2018, during pre-market hours, the FAA announced that it would "order inspections of at least 220 aircraft engines as investigators are focusing on a broken fan blade in an engine that exploded." According to news sources, the order was initially proposed in August 2016, following the earlier incident in which engine failure had also resulted from a broken fan blade. Critics also reportedly questioned why the FAA had not acted sooner in conjunction with their European counterparts. On this news, Southwest's stock price fell $1.02 per share, or 1.83%, to close at $54.80 per share on April 19, 2018.

On June 21, 2018, near the end of the trading session, news sources reported that eight passengers were suing Southwest in connection with the engine explosion in April 2018. On this news, Southwest's stock price fell $1.24 per share, or 2.33%, to close at $51.91 per share on June 22, 2018.

Finally, on June 25, 2019, during after-market hours, the Wall Street Journal published an article entitled "FAA Reassigns Senior Managers in Office Overseeing Southwest Airlines," which reported that the FAA had "removed three senior managers in the office overseeing Southwest Airlines Co., amid allegations of lax safety enforcement raised by agency whistleblowers and various resulting government inquiries." The article also noted that "[t]he [DOT]'s inspector-general has been looking into some of the safety issues for many months . . . including lapses by the airline in documenting maintenance for more than 100 of its jets," as well as "failures to reliably compute the weight of checked baggage and hazardous landing incidents in which one aircraft smacked a wingtip on the tarmac and another ran off the strip in stormy weather.

On this news, Southwest's stock price fell $0.30 per share, or 0.59%, to close at $50.70 per share on June 26, 2019.

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

SOURCE: Pomerantz LLP

ReleaseID: 578128

NEW YORK, NY / ACCESSWIRE / February 26, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against Luckin Coffee Inc. ("Luckin" or the "Company") (NASDAQ:LK) and certain of its officers. The class action, filed in United States District Court for the Southern District of New York, and indexed under 20-cv-01293, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Luckin securities between November 13, 2019 and January 31, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Luckin securities during the class period, you have until April 13, 2020, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

Luckin engages in the retail sale of freshly brewed drinks, and pre-made food and beverage items in China, offering freshly brewed drinks, including freshly brewed coffee and non-coffee drinks, and food and beverage items, such as light meals. The Company operates pick-up stores, relax stores, and delivery kitchens under the Luckin brand, as well as Luckin mobile app, Weixin mini-program, and other third-party platforms that cover the customer purchase process.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

On January 31, 2020, Muddy Waters Research published an anonymous report alleging that Luckin had fabricated certain of the Company's financial performance metrics, beginning in the third quarter of 2019 ("3Q19") (the "Muddy Waters Report"). The Muddy Waters Report purported to cite "smoking gun evidence," including, inter alia, thousands of hours of store video, thousands of customer receipts, and diligent monitoring of the Company's mobile application metrics, which allegedly showed that, since 3Q19, Luckin had inflated its per-store per-day sales figures, its net selling price per item, its advertising expenses, and its revenue contribution from "other products."

On this news, Luckin's American depositary share ("ADS") price fell $3.91 per share, or 10.74%, to close at $32.49 per share on January 31, 2020.

As a result of Defendants' wrongful acts and omissions, and the precipitous decline in the market value of Luckin' securities, Plaintiff and other Class members have suffered significant losses and damages.

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

SOURCE: Pomerantz LLP

ReleaseID: 578127

ANGUILLA, BWI / ACCESSWIRE / February 26, 2020 / Kidoz Inc. (TSXV:KIDZ) (the "Company"), kid-tech software developer, owner of the KIDOZ Safe Advertising Network (www.kidoz.net), the KIDOZ Kid-Mode Operating System, and the Rooplay edu-games platform (www.rooplay.com), announced today its unaudited financial results for its fourth quarter ended December 31, 2019. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.

Recent Kidoz Inc. highlights include:

Net Revenue of $2,022,259 for the quarter increased 60% over our third quarter of $1,271,028.
Fourth quarter net profit of $97,747, compared to a loss of ($58,932) in our third quarter.
Record quarterly revenue.
Record international revenue.
Sales partnerships with PML Media and Hub of Hype secured for Latin America.
Sales partnership with YDigital launched in Portugal, Brazil and South Africa.
Advancements in Kidoz programmatic advertising systems open up new revenue opportunities.

"The fourth quarter of 2019 was the best in the history of Kidoz," commented Eldad Ben Tora, Kidoz Co-CEO. "The business crossed a record quarterly revenue milestone of $2,000,000, which took the Company to profitability for the quarter. Our commitment to children's privacy and safety has created one of the fastest growing mobile networks in the world. Every campaign we deliver on the Kidoz platform is free of location information, device identifiers, behavioral data, and other trackers commonly used in digital advertising. By addressing the needs of our users, putting children first, we ensure our regulatory compliance with privacy laws and Google and Apple's strict rules for mobile apps on the Android and iOS platforms. Advertisers benefit from the brand safety that our technology and rigorous methodologies create and our brand clients enjoy some of the highest performing media on the Kidoz system as a result of our industry leading mobile COPPA contextual targeting. In 2019, Kidoz secured a leadership position in global reach with app developer partners, and the results from the fourth quarter are a testament to our advertisers' commitment to our products."

"Building on our performance in 2019, we plan to continue our successful growth strategies in 2020," said Jason Williams, Kidoz Co-CEO. "Our sales, product and operational strategies are custom fit to match the favourable regulatory, consumer and technological trends occurring in the market. As developments in privacy laws in almost every country worldwide look to provide additional protection to minors by controlling digital services and, in some cases, potentially raising the age of minority, Kidoz's importance in the eco-system increases. For consumers, the ubiquity of mobile devices and increasing mobile usage is a long-established trend. For children growing up in a digital world mobile is their preferred device, and with kids representing more than thirty percent of internet users globally, children are a consumer segment of immense size and influence. As we invest in the Kidoz products and methodologies to protect kids and help our mobile partners monetize their content safely, we increase the value we can provide to our advertiser customers. As more content developers prioritize segmenting their customers to protect the minors on their systems, the market increases in size, and those companies providing compliant solutions, like Kidoz, benefit accordingly. We are very pleased with the results of our latest quarter and believe that our strategy will continue to be successful in 2020."

Fourth Quarter Financial Results

Total Current Assets as at December 31, 2019 were $3,514,485, compared to $2,849,606 at the end of the third quarter of 2019, and Total Current Liabilities as at December 31, 2019, were $1,295,267, compared to $740,756 at the end of the third quarter of 2019.

Total revenue, net of platform fees (to Apple, Google and Amazon) and withholding taxes, for the quarter ended December 31, 2019 increased to $2,022,259, an increase of 59% over total revenue net of fees and withholding taxes of $1,271,028 for the third quarter of fiscal 2019 and an increase from total revenue of $17,342 for the fourth quarter of fiscal 2018. Ad Tech advertising revenue for the quarter ended December 31, 2019, increased to $1,875,958, an increase of 61% over Ad Tech advertising revenue of $1,165,609 for the third quarter of fiscal 2019. Content revenue for the quarter ended December 31, 2019 increased to $146,301, an increase of 39% over content revenue of $105,419 for the third quarter of fiscal 2019 and an increase from content revenue of $17,342 for the fourth quarter of fiscal 2018. The increase in quarterly total revenue over the third quarter of fiscal 2019 is due to the strong demand for kid-safe advertising generated by the introduction of strong regulations worldwide.

Sales and marketing expenses for the quarter ended December 31, 2019 were $90,614, a decrease of 4% over selling and marketing expenses of $94,289 for the fourth quarter of fiscal 2019 and an increase of 109% over selling and marketing expenses of $43,291 for the fourth quarter of fiscal 2018. The increase in quarterly sales and marketing expenses over the fourth quarter of 2018 was due to our business focus change and the acquisition of Kidoz Ltd. Selling and marketing expenses consist primarily of sales staff salaries and benefits and publishing services and user acquisition costs incurred to acquire game players.

General and administrative expenses consist primarily of premises costs for our offices and development facilities, legal and professional fees, and other general corporate and office expenses. General and administrative expenses decreased to $116,356 for the quarter ended December 31, 2019, a decrease of 13% from general and administrative expenses of $134,085 in the third quarter of fiscal 2019 and an increase of 66% over general and administrative expenses of $70,087 for the fourth quarter of fiscal 2018. The decrease in quarterly general and administrative expenses from those incurred for the third quarter of fiscal 2019 is due to the third quarter completion of reorganization costs incurred in connection with the acquisition of Kidoz Ltd. The increase in quarterly general and administrative expenses over the fourth quarter of fiscal 2018 was due to our change in business focus and the acquisition of Kidoz Ltd.

Salaries, wages, consultants and benefits increased to $157,886 for the quarter ended December 31, 2019, an increase of 15% over salaries, wages, consultants and benefits of $136,762 for the third quarter of fiscal 2019 and an increase of 9% over salaries, wages, consultants and benefits of $145,169 for the fourth quarter of fiscal 2018. These increases over the third quarter of fiscal 2019 and the fourth quarter of fiscal 2018, are due primarily to the employee incentive bonus structure we have implemented.

We do not capitalize our development costs. Content and software development costs of $271,436 were expensed for the quarter ended December 31, 2019, an increase from content and software development costs of $270,441 expensed for the third quarter of fiscal 2019 and an increase of 33% from content and software development costs of $204,787 expensed during the fourth quarter of fiscal 2018.

Net profit for the quarter ended December 31, 2019, after taxation but before depreciation and amortization, was $97,747, a profit of $0.00 per share, compared to a net loss after taxation but before applicable depreciation and amortization of ($58,932), or ($0.00) per share for the third quarter of 2019, and compared to a net loss of ($370,814) or ($0.01) per share for the fourth quarter of 2018. The increase in quarterly net profitability before depreciation and amortization from net losses incurred in the third quarter of 2019 and the fourth quarter of 2018 is primarily due to revenue increases resulting from increased advertising demand during the fourth quarter of fiscal 2019.

During the quarter ended December 31, 2019 we generated cash of $195,829 from operating activities, compared to cash used in operating activities of ($160,306) during the third quarter of 2019 and cash used in operating activities of ($356,011) during the fourth quarter of 2018.

We had cash of $1,005,624 and working capital of $2,219,217 at December 31, 2019. This compares to cash of $812,477 and working capital of $2,108,850 at September 30, 2019 and cash of $641,536 and working capital of $662,573 at December 31, 2018.

For full details of the Company's operations and financial results, please refer to the Securities and Exchange Commission website at www.sec.gov or the Kidoz Inc. corporate website at https://investor.kidoz.net or the www.sedar.com website.

About Kidoz Inc.

KIDOZ Inc. (TSXV:KIDZ) (www.kidoz.net) owns a popular Kid-Safe mobile network. Engaging more than 100 million kids a month across our leading mobile KidTech network, KIDOZ provides an essential suite of services that unites kids' brands, content publishers and families. Trusted by Disney, Hasbro, Lego and more, the KIDOZ Safe Ad Network helps the world's largest brands to safely reach and engage kids across thousands of mobile apps and sites. The KIDOZ OS solution helps carriers and brands such as Lenovo, Acer, and PBS Kids bring a kid-focused experience to their family devices, in a fully GDPR and COPPA compliant way. KIDOZ's Rooplay (www.rooplay.com) offers an interactive learning experience worldwide with original content featuring Moomin, Mr. Men, Little Miss, Mr. Bean and hundreds more kid-focused learning games.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by the company) contains statements that are forward-looking, such as statements relating to anticipated future success of the company. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of the company. For a description of additional risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission. Specifically, readers should read the Company's Annual Report on Form 10-K, filed with the SEC on March 21, 2019, and the prospectus filed under Rule 424(b) of the Securities Act on March 9, 2005 and the SB2 filed July 17, 2007, and the TSX Venture Exchange Listing Application for Common Shares filed on June 29, 2015 on SEDAR, for a more thorough discussion of the Company's financial position and results of operations, together with a detailed discussion of the risk factors involved in an investment in Kidoz Inc.

For more information contact:

Henry Bromley
CFO
ir@kidoz.net
(888) 374-2163

SOURCE: Kidoz Inc.

ReleaseID: 578115

SAN FRANCISCO, CA / ACCESSWIRE / February 26, 2020 /  Hagens Berman urges Fluor Corporation (NYSE:FLR) investors who have suffered significant losses to submit their loss now to learn if they qualify to recover their investment losses. The firm is investigating possible securities fraud and certain Fluor investors may have valuable claims.

Relevant Holding Period: Before Feb. 18, 2020

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

Contact an Attorney Now: FLR@hbsslaw.com

844-916-0895

Fluor Corporation (FLR) Investigation:

The investigation focuses on the propriety of Fluor's reported revenue and recorded charges for certain projects, including for its troubled Radford Munition Facility government project.

On Aug. 1, 2019, Fluor reported disappointing 2Q 2019 financial results, caused primarily by $664 million of project charges. This included a charge of $233 million for a government project later identified as the Radford project.

Then, on Oct. 31, 2019, Fluor released its 3Q 2019 financial results, reporting another $73 million in charges, including on its Radford project. The Company explained that it was "continuing to be affected by the lack of critical client furnished data impacting our engineering efforts and our schedules."

Finally, on Feb. 18, 2020, Fluor announced that the SEC is conducting an investigation and has requested documents and information related to projects for which the Company recorded charges during the second quarter of 2019. On a conference call with investors, Fluor Executive Chairman Alan Boeckmann also disclosed, "In the course of responding to the SEC's data requests and conducting our own internal review, the company is looking at its prior revenue recognition charges and related control environment, focusing initially on the Radford contract." The Company also announced it would not file its annual report on Form 10-K before the end of February.

This news drove the price of Fluor shares sharply lower during intraday trading on Feb. 18, 2020.

"We're focused on whether Fluor's previously reported financial results were misleading and, if so, recovering investors' losses," said Reed Kathrein, the Hagens Berman partner leading the investigation.

Whistleblowers: Persons with non-public information regarding Fluor 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 FLR@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: 578114

LOS ANGELES, CA / ACCESSWIRE / February 26, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Westpac Banking Corporation ("Westpac" or "the Company") (NYSE:WBK) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between November 11, 2015 and November 19, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before March 30, 2020.

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

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

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

According to the Complaint, the Company made false and misleading statements to the market. Westpac acted contrary to Australian law by failing to report more than $19.5 million in international funds transfer instructions to AUSTRAC, the country's anti-money-laundering and terrorism financing regulator. The Company failed to monitor the risk of money laundering and the financing of terrorism associated with moving money in and out of Australia. The Company failed to pass on required information about the source of funds to other banks in the transfer chain. Although Westpac was aware of heightened risks related to these funds transfers, it failed to perform appropriate due diligence on transactions in South East Asia and the Philippines with indicators of involvement in child sex exploitation. Its AML/CTF Program was incapable of identifying and mitigating money laundering and terrorism financing. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Westpac, investors suffered damages.

Join the case to recover your losses.

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

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 578108

LOS ANGELES, CA / ACCESSWIRE / February 26, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CPI Aerostructures, Inc. ("CPI" or "the Company") (NYSE:CVU) 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. CPI announced on February 14, 2020, that its financial statements for the three and nine months ended September 30, 2018 reported in its Form 10-Q could no longer be relied upon. The Company admitted that it had discovered an "error . . . in the Company's billing process." The Company confessed that the "error" inflated revenues and income before provision for income tax, net income, and earnings per share for each period. The Company also disclosed that investors could not rely upon the independent auditor's reports on the effectiveness of internal control over financial reporting for the year ended December 31, 2018, as well as the management's reports on the effectiveness of internal control over financial reporting, press releases, and investor communications. CPI also announced the resignation of its CFO. Based on this news, shares of CPI fell by more than 26% on the same 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.

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CONTACT:

The Schall Law Firm
Brian Schall, Esq.
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info@schallfirm.com
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SOURCE: The Schall Law Firm

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