Monthly Archives: March 2020

Tube Tech Receives ISO Accreditation Treble

RAYLEIGH, ESSEX, UK / ACCESSWIRE / March 30, 2020 / Tube Tech International Ltd. has received three ISO accreditations following an ISO audit at its European headquarters in Rayleigh, Essex, U.K.

The accreditations have been awarded for the provision of specialised industrial cleaning services and apply to the company's research and development into robotic cleaning technology solutions. The certificates primarily relate to general industrial, petrochemical, chemical and renewable energy industries with an emphasis on the minimisation of environmental and occupational health and safety risks.

The company has been awarded with the ISO 9001:2015 accreditation for Quality Management Systems which is awarded to organisations to demonstrate the ability to consistently provide products and services that meet customer and regulatory requirements.

Tube Tech International Ltd. has also received the ISO 14001:2015 accreditation for Environmental Management Systems which specifies the requirements for an environmental management system that an organisation can use to enhance its environmental performance. It is intended for use by an organisation seeking to manage its environmental responsibilities in a systematic manner that contributes to the environmental pillar of sustainability.

The final accreditation awarded to the company is ISO 45001:2018 for Occupational Health & Safety Management Systems. This accreditation specifies requirements for an occupational health and safety (OH&S) management system, and gives guidance for its use, to enable organisations to provide safe and healthy workplaces by preventing work-related injury and ill health, as well as by proactively improving its OH&S performance.

Commenting at the close of the ISO audit, managing director at Tube Tech International Jon Camp, said:

"Receiving these accreditations is a fantastic achievement for everyone at Tube Tech. It represents our commitments to quality, environmental and occupational health and safety management, all of which have been part of the DNA at Tube Tech since the conception of the company.

"I would like to thank all of the staff at Tube Tech who consistently implement the values and processes which have now been officially recognised by attaining these ISO accreditations. They will help us to better serve our clients by providing them with confidence that they are working with a company that adheres to globally recognised standards."

To find out more about ISO, visit: www.iso.org.

To find out more about Tube Tech International, visit: www.tubetech.com.

About ISO

ISO is an independent, non-governmental international organization with a membership of 164 national standards bodies.

Through its members, it brings together experts to share knowledge and develop voluntary, consensus-based, market relevant International Standards that support innovation and provide solutions to global challenges.

About Us

About Tube Tech International

Founded in the UK in 1988, Tube Tech International is the global leader in research-led, high-tech fouling removal and inspection services, constantly investing in and developing tried and tested, step change methods to solve heavy industries' most difficult cleaning challenges.

Tube Tech International's patented methods, including remotely operated robotic technology, achieve significant savings, reduce downtime and CO2 emissions, increase throughput and improve safety standards.

In 2019 Tube Tech International's robotic technology has been granted government funding as part of Horizon 2020; the biggest European Union research and innovation programme to date. Its patented Shell Side Jet solution will deliver the very first technology to effectively remove fouling from the outside heat transfer surface of shell and tube exchangers.

In 2018, Tube Tech Inc. U.S. base of operations was launched in Houston, Texas, and in 2019 a further base opened in Kuala Lumpur, Malaysia.

CONTACT:

Ella Boyden
01473 326 907
ella@thewriteimpression.co.uk

SOURCE: Tube Tech International Ltd.

ReleaseID: 583094

Biscuit Labs’ Knight Story Game to Launch on TRON Network

SAN FRANCISCO, CA / ACCESSWIRE / March 30, 2020 / Dapp developer Biscuit Labs has confirmed that its popular Knight Story game will launch on the TRON network on March 30.

Top performing game Knight Story, currently amongst the top 15 most active blockchain based games will be transitioned to run on TRON.

This blockchain-powered RPG in which knights, magicians, and archers strive to defeat a gang of ghastly goblins, Knight Story has been updated for its appearance on TRON, having already debuted on Ethereum last November. Now, players can choose from village and dungeon play and experiment with an expanded range of materials including steel, wood, and tiger bone, from which they can fashion swords, armor and bows and arrows.

"The keyword of the Knight Story project is, in a word, compatibility," said Jay Lee, CEO of Biscuit. "We focused on maximizing the compatibility between blockchain and the pre-existing system, as well as inter-blockchain compatibility."

An immersive, interactive element is also possible, with players compelled to develop the village and co-operate with other platform users. Biscuit developers have also lowered the barriers to entry by eliminating the lengthy sign-up process, permitting more players to take part. All participants who sign up for Knight Story on TRON will be given a magic bean, which represents the in-game currency.

"The Biscuit team is excited to partner with the TRON network, and we hope that all users enjoy a fast and seamless user experience," said Jay Lee, adding "the Biscuit team will continue to contribute to the mass adoption of blockchain technology."

The latest news follows October's announcement that TRON would provide strategic financing to the Biscuit Labs gaming studio, with the ambition of expediting adoption for its gaming titles. The studio's previous title, EOS Knights, was the first mobile game to run on the EOS blockchain.

Knight Story pre-registration is currently live.

About Biscuit Lab
Biscuit Labs is the development team responsible for the legendary first-generation blockchain game EOS Knights. To date, it has recorded more than 66 million on-chain transactions. The Biscuit Labs team is focused on overcoming the UX challenges of blockchain to create innovative games and applications that appeal to a broad audience.

About TRON
Tron is dedicated to accelerating and the decentralization of the internet through blockchain technology and decentralized applications. Founded in September 2017 by Justin Sun, the company has delivered a series of achievements, including MainNet launch in May 2018, network independence in June 2018, and TRON Virtual Machine launch in August 2018. July 2018 also marked the acquisition of BitTorrent, a pioneer in decentralized services boasting approximately 100M monthly active users.

Contact

Ryan E. Dennis
press@tron.network

SOURCE: Biscuit Labs

ReleaseID: 583077

Trintech Offers Adra Task Manager at No Cost to Help Organizations Close Their Books Confidently While Working Remotely

SaaS-based solution deployed in minutes with remote training, providing immediate value before your next close cycle

DALLAS, TX / ACCESSWIRE / March 30, 2020 / In the midst of the current crisis, many finance & accounting (F&A) teams across the globe are navigating unchartered waters as they approach month end close with a dispersed remote workforce. As a leading provider of financial software solutions, Trintech announced today that its best-in-class Adra Task Manager solution will be available at no cost, for up to 6 months, to help mid-sized organizations close their books confidently while they work remotely. This SaaS-based solution is deployed remotely and can be up and running in minutes, fully functional within a day or two, ensuring accuracy and simplifying your existing processes.

Diane Foss, Director of Finance at Genesis Systems recently stated, "I'm really glad we implemented both Adra Task Manager and Balancer, especially with the current situation. We do have quite a few of our departments working from home now and Adra will help so much in keeping track of where we are at with our upcoming close since we aren't a shout away from each other."

With Adra Task Manager, task lists are built with clear and concise instructions that create ownership and accountability across your remote organization. Real-time dashboards allow managers to check progress anytime and from anywhere to help identify issues that need immediate attention, and to ensure clear, efficient communication. Notifications and alerts keep teams on task, with archived comments to streamline future communications. The approval workflow and built-in segregation of duties provides needed governance and control, with an audit trail automatically created to allow for consistent tracking.

"As someone who has worked in Finance for 20+ years and was the previous CFO of Trintech, I know firsthand how stressful the month-end process can be, especially during a dynamic time like this," said Darren Heffernan, President, Mid-Market at Trintech. "As organizations navigate their new "normal" of working remotely, we will be offering our Adra Task Manager solution at no cost for up to 6 months to help ease this transition. This offering will provide new and existing customers increased visibility and control, helping them close their books confidently each month."

In addition to the offering of the Adra Task Manager solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials including pre-built templates that simplify setup, a knowledge base, and forums where you can ask questions and share best practices with other Task Manager users.

If you are interested in using the Adra Task Manager solution, you can contact us here to get started.

Currently deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency® Platform, Adra® Suite, and targeted tools, ReconNET™, T-Recs®, and UPCS®, help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:

Kelli Shoevlin
1 (972) 739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

ReleaseID: 583060

SHAREHOLDER ALERT: WBK LK TUP: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Westpac Banking Corporation (NYSE:WBK)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/westpac-banking-corporation-loss-submission-form?prid=5848&wire=1
Lead Plaintiff Deadline: March 30, 2020
Class Period: November 11, 2015 to November 19, 2019

Allegations against WBK include 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.

Luckin Coffee Inc. (NASDAQ:LK)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/luckin-coffee-inc-loss-submission-form?prid=5848&wire=1
Lead Plaintiff Deadline: April 13, 2020
Class Period: November 13, 2019 to January 31, 2020

Allegations against LK include 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.

Tupperware Brands Corporation (NYSE:TUP)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/tupperware-brands-corporation-loss-submission-form?prid=5848&wire=1
Lead Plaintiff Deadline: April 27, 2020
Class Period: January 30, 2019 to February 24, 2020

Allegations against TUP include that: (1) Tupperware lacked effective internal controls; (2) as a result, Tupperware would need to investigate the accounting and liabilities of one of its brands, Fuller Mexico; (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' public statements were materially false and/or misleading at all relevant times.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 583103

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of BYND, BDX and XP

NEW YORK, NY / ACCESSWIRE / March 30, 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.

Beyond Meat, Inc. (NASDAQ:BYND)

Investors Affected : May 2, 2019 – January 27, 2020

A class action has commenced on behalf of certain shareholders in Beyond Meat, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Beyond Meat’s termination of its supply agreement with Don Lee constituted a breach of that agreement, thus exposing the Company to foreseeable legal liability and reputational harm; (ii) Beyond Meat and certain of its employees had doctored and omitted material information from a food safety consultant’s report, which the Company represented as accurate to Don Lee; and (iii) 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/beyond-meat-inc-loss-submission-form/?id=5847&from=1

Becton Dickinson & Company (NYSE:BDX)

Investors Affected : November 5, 2019 – February 5, 2020

A class action has commenced on behalf of certain shareholders in Becton Dickinson & Company. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) certain of Becton’s Alaris infusion pumps experienced software errors and alarm prioritization issues; (2) as a result, the Company was investing in remediation efforts to address these product issues, rather than a software upgrade to “make enhancements;” (3) the Company was reasonably likely to face regulatory delays in connection with the software remediation; (4) as a result of the foregoing, Becton was reasonably likely to recall certain of its Alaris infusion pumps; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/becton-dickinson-company-loss-submission-form/?id=5847&from=1

XP Inc. (NASDAQ:XP)

Investors Affected : or otherwise acquired XP’s securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with XP’s December 2019 initial public offering.

A class action has commenced on behalf of certain shareholders in XP Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) XP engaged in undisclosed related party transactions; (2) XP failed to disclose its common and large system failures and connected losses; (3) XP’s aggressive IFA strategy was and is tenuous; (4) XP had material weaknesses; (5) XP fired its previous accounting firm due to that firm finding and disclosing material weaknesses; and (6) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/xp-inc-loss-submission-form/?id=5847&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: 583102

ANAB SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies AnaptysBio, Inc. Shareholders of Class Action and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against AnaptysBio, Inc. ("AnaptysBio" or the Company") (NASDAQ: ANAB) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired AnaptysBio securities between October 10, 2017 and November 7, 2019, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/anab.

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 that: (1) important data from the Company's Phase 2a trial in atopic dermatitis, including the timing and extent of patients' use of topical corticosteroids as a rescue therapy during the study and whether any of the patients that utilized rescue therapy were classified as responders at a given time; (2) key information from the Company's Phase 2a trial in peanut allergy, including patients' average cumulative peanut dose tolerated at day 14 after the administration of etokimab or placebo as well as whether the Company's decision to exclude 20% of the patients enrolled in the study from the interim analysis due to their mild symptoms was retrospective; and (3) as a result, Defendants' positive statements about the efficacy and prospects of AnaptysBio's lead drug asset, etokimab (formerly ANB020), in the treatment of atopic dermatitis and peanut allergy were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

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/anab 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 AnaptysBio you have until May 26, 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: 583050

Progressive is the Best Place to Buy Gap Insurance, Says Insurance Panda

According to a New Article on Insurance Panda's Website, Gap Insurance Will Cover the Difference Between the Cash Value of a Vehicle and the Amount that is Still Owed

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / The founders of Insurance Panda, a car insurance quote provider based in New York City, are pleased to announce that they have just posted a helpful new article to their website about gap insurance.

To read the article, which is titled "The Top 5 Companies to Buy Gap Insurance From" in its entirely and learn more about why gap coverage is such a good idea, please check out https://www.insurancepanda.com/8656/the-top-5-companies-to-buy-gap-insurance-from/.

After conducting extensive research on a number of car insurance companies, the founders of Panda Insurance have named Progressive as the best place to buy gap insurance.

As the new article explains, gap insurance provides an extra layer of protection for a driver's vehicle. More specifically, it will cover the difference between the actual cash value of the car and the amount the person still owes.

For example, if someone buys a brand new sports car for $50,000 and unfortunately is in an accident within the first month or so of owning the vehicle, or if it is stolen, insurance will only cover the cash value of the car-which is probably already down to $45,000 or so. But the driver still owes the bank $50,000 on the sports car, so there is a "gap" of $5,000 between the cash value and the amount the driver paid.

Gap insurance will cover this difference. Using the example above, if the driver has gap coverage, he or she will receive $50,000 for the sports car, not $45,000.

In the case of Progressive, the article noted that drivers can easily add gap insurance to their collision and comprehensive coverage.

"Progressive's gap insurance is limited to 125% of your vehicle's actual cash value. It may or may not cover your deductible, depending on your claim," the article noted.

The other four car insurance companies that made Insurance Panda's Top 5 list are: Allstate, American Family, Amica and Nationwide.

About Insurance Panda:

Insurance Panda is a car insurance quote provider based out of New York. Insurance Panda has been providing free insurance quotes to deal-seeking Americans since 2012. Please visit Insurance Panda today at https://www.insurancepanda.com/ for a free quote to see how much drivers can save on their monthly auto insurance premiums.

Contact:

Stef Smith
office@insurancepanda.com
3477418290

SOURCE: Insurance Panda

ReleaseID: 583096

SSL UPCOMING DEADLINE – Sasol Limited – Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders With Losses Exceeding $100K of Class Action and Lead Deadline: April 6, 2020

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Sasol Limited ("Sasol" or the Company") (NYSE: SSL) and certain of its officers, on behalf of shareholders who purchased Sasol securities between March 10, 2015 and January 13, 2020, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site:www.bgandg.com/ssl.

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 false and/or misleading statements and/or failed to disclose that: (1) 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) construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (3) 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) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times.

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"; a slower rate of capital "resulted in an extended project schedule and contributed to further project cost increases"; "[t]he expected returns for the project have reduced due to changes in long-term price assumptions and the higher capital estimates"; and "[t]he increase in 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."

Following these disclosures, Sasol's American depositary receipt ("ADR") price fell $3.53 per share, or 10.99%, to close at $28.60 per share on June 6, 2016.

On May 22, 2019, during pre-market hours, Sasol disclosed 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." Sasol cited a $530 million change in the project's cost forecast because of a "[c]orrection for duplication of investment allowances of approximately $230 million"; a "[c]orrection for certain contracts and variation orders managed by Sasol, outside the primary engineering, procurement and construction contract, of approximately $180 million"; and forecast improvements that were "not expected to be realised and adjustments for potential insurance claims and procurement back-charges of approximately $120 million."

Following these disclosures, Sasol's ADR price fell $4.50 per share, or 14.93%, to close at $25.64 per share on May 22, 2019.

Later, on August 16, 2019, during pre-market hours, Sasol issued a press release disclosing that it was delaying the announcement of its 2019 financial results because of "possible LCCP control weaknesses."

On this news, Sasol's ADR price fell $0.74 per share, or 4.02%, to close at $17.67 per share on August 16, 2019.

Then, on October 28, 2019, Sasol disclosed that its review of the LCCP control weaknesses had brought to light "errors, omissions, and inaccuracies in the [LCCP] cost estimate," and a number of unethical and improper reporting activities that took place at the highest level of management. Sasol also announced the resignation of, inter alia, its Joint Presidents and Chief Executive Officers ("CEOs"), effective November 1, 2019, and Senior Vice Presidents and others previously in charge of the LCCP.

Finally, on January 14, 2020, Sasol issued a press release confirming that on January 13, 2020, the Company "experienced 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" and "has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's [beneficial operation] schedule."

Following these disclosures, Sasol's ADR price fell $1.70 per share, or 7.84%, over the following two trading days, closing at $19.99 per share on January 15, 2020.

If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/ssl 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 Sasol you have until April 6, 2020 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. 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: 583031

HAFC SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Hanmi Financial Corporation Shareholders of Class Action and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Hanmi Financial Corporation ("Hanmi" or the Company") (NASDAQ: HAFC) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Hanmi securities between August 12, 2019 and January 28, 2020, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/hafc.

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 statementsthat: (1) the specified $40.7 million troubled loan would necessitate further and future specific provisions for the Company – in the millions; (2) the specified $40.7 million troubled loan would necessitate the Company to appraise and take personal property securing a portion of the amount of the loan; and (3) 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/hafc 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 Hanmi you have until May 26, 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: 583047

BYND DEADLINE ALERT – Bronstein, Gewirtz & Grossman, LLC Notifies Beyond Meat, Inc. Shareholders With Losses Exceeding $100K of Class Action and Lead Deadline: March 30, 2020

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Beyond Meat, Inc. ("Beyond Meat" or the Company") (NASDAQ: BYND) and certain of its officers, on behalf of shareholders who purchased Beyond Meat securities between May 2, 2019 and January 27, 2020, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site:www.bgandg.com/bynd.

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 false and/or misleading statements and/or failed to disclose that: (1) Beyond Meat's termination of its supply agreement with Don Lee Farms constituted a breach of that agreement, thus exposing the Company to foreseeable legal liability and reputational harm; (2) Beyond Meat and certain of its employees had doctored and omitted material information from a food safety consultant's report, which the Company represented as accurate to Don Lee Farms; and (3) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/bynd 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 Beyond Meat you have until March 30, 2020 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. 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: 581963