Monthly Archives: March 2020

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of WBK, CCI and ANAB

NEW YORK, NY / ACCESSWIRE / March 27, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Westpac Banking Corporation (NYSE:WBK)

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

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

Shareholders may find more information at https://securitiesclasslaw.com/securities/westpac-banking-corporation-loss-submission-form/?id=5832&from=1

Crown Castle International Corp. (NYSE:CCI)

Investors Affected : February 26, 2018 – February 26, 2020

A class action has commenced on behalf of certain shareholders in Crown Castle International Corp. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: 1) Crown Castle's internal control over financial reporting and disclosures controls and procedures were ineffective and materially weak; (2) Crown Castle's financial accounting and reporting was not in accordance with GAAP; (3) Crown Castle's net income, adjusted EBITDA, and AFFO were inflated; (4) Crown Castle would need to restate its financial statements for the years ended December 31, 2018 and 2017, and unaudited financial information for the quarterly and year to-date periods in the year ended December 31, 2018 and for the first three quarters in the year ended December 31, 2019; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/crown-castle-international-corp-loss-submission-form/?id=5832&from=1

AnaptysBio, Inc. (NASDAQ:ANAB)

Investors Affected : October 10, 2017 – November 7, 2019

A class action has commenced on behalf of certain shareholders in AnaptysBio, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) AnaptysBio failed to disseminate 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;and (ii) the Company's statements omitted 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 (ii) as a result of the foregoing, Defendants' positive statements about the efficacy and prospects of AnaptysBio's lead drug asset in the treatment of atopic dermatitis and peanut allergy were materially false and/or misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/anaptysbio-inc-loss-submission-form/?id=5832&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: 582849

HAFC: ROSEN, NATIONAL TRIAL ATTORNEYS, Files First Securities Class Action Lawsuit Against Hanmi Financial Corporation; Encourages Investors with Large Loss Contact Firm – HAFC

NEW YORK, NY / ACCESSWIRE / March 27, 2020 / Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Hanmi Financial Corporation (NASDAQ:HAFC) between August 12, 2019 and January 28, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Hanmi investors under the federal securities laws.

To join the Hanmi class action, go to http://www.rosenlegal.com/cases-register-1767.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (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. 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 serve as lead plaintiff, you must move the Court no later than May 26, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1767.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

ReleaseID: 582848

Leading Skin Care Manufacturer ROYAL LABS, of Charleston, S.C., Ramps-Up Production to Meet Demand for Hand Sanitizer Spray and Hand Wash

CHARLESTON, SC / ACCESSWIRE / March 27, 2020 / With grocery stores, hospitals and senior living facilities reporting shortages of hand sanitizer and hand soaps due to continued impact of COVID-19, Royal Labs Natural Cosmetics, Inc., has expanded its production line to accommodate unprecedented demand for sanitizers and soaps in the coming weeks.

"With over 80K sq. ft of manufacturing space and the capability to produce, pack and ship large volumes of finished goods with quick turns, we see this is an opportunity to step up and provide an important service, using the resources and infrastructure that we already have in place." – Dee Heffernan, VP Sales & Marketing

The formulator and manufacturer behind some of the most trusted brands in the natural wellness sector for the past 35 years, Royal Labs has a reputation for developing high-quality skin care and personal care products that are as effective as they are health-conscious.

"We've always prioritized integrity and quality in our supply chain and have, over many years, developed relationships with some of the best producers of raw materials in the World. This has allowed us to maintain a consistent end product that is safe and affordable for our customers." – Paul Lieber, Founder & CEO

Royal Labs is currently shipping online orders for hand washes under its Deep Steep brand, and is taking bulk orders for hand washes and hand sanitizers on a first-come, first-serve basis, with priority given to hospitals and government-run establishments. To place an order, please contact sales@royallabs.com

Royal Labs Natural Cosmetics is a private label contract manufacturer of premium personal care and skin care products. Learn more at royallabs.com

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Related Links

Royal Labs website

SOURCE: Royal Labs Natural Cosmetics, Inc.

ReleaseID: 582847

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against World Wrestling Entertainment, Inc. (WWE)

LOS ANGELES, CA / ACCESSWIRE / March 27, 2020 / Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming May 5, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of World Wrestling Entertainment, Inc. ("WWE" or "the Company") (NYSE:WWE) investors who purchased securities between February 7, 2019 and February 5, 2020, inclusive (the "Class Period").

If you suffered a loss on your WWE investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information here or contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, via email shareholders@glancylaw.com or visit our website at www.glancylaw.com to learn more about your rights.

On April 25, 2019, WWE reported that for first quarter 2019, revenue declined year-over-year, notably in the live events and consumer products segments. Though the Company attributed the decline to the absence of certain "Super Stars," several analysts connected the results to difficulties securing a media rights deal for the Middle East and North Africa ("MENA") region with the Kingdom of Saudi Arabia.

On this news, the Company's share price fell $13.12 per share, or over 13%, to close at $85.38 per share on April 25, 2019, thereby injuring investors.

Then, on October 31, 2019, in connection with the Company's third quarter 2019 financial results, WWE lowered its fiscal 2019 adjusted OIBDA guidance to a range of $180 million to $190 million, stating that "no assurances" could be made that a media rights deal for the MENA region would ever be completed.

On this news, the Company's share price fell $10.40 per share, or over 15%, to close at $65.04 per share on October 31, 2019, thereby injuring investors further.

Then, on January 30, 2020, WWE announced the departures of WWE Co-Presidents George A. Barrios and Michelle D. Wilson.

On this news, the Company's share price fell $13.42 per share, or over 21%, to close at $48.88 per share on January 31, 2020, thereby injuring investors further.

Finally, on February 6, 2020, WWE reported adjusted OIBDA of only $180 million due to the failure to complete a media rights deal for the MENA region.

On this news, the Company's share price fell $4.50 per share, or over 9%, to close at $44.50 per share on February 6, 2020, thereby injuring investors further.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that they were experiencing rising tension with the Saudi government and a breakdown in negotiations over a renewed broadcasting distribution deal; (2) that the Saudi government and its affiliates had failed to make millions of dollars in payments owed to WWE pursuant to existing contractual commitments between the parties, including at least $60 million owed in connection with the June 2019 Super ShowDown event; (3) that the Orbit Showcase Network ("OSN") had terminated the broadcast of WWE programming in the first quarter of 2019 despite a contractual obligation to continue such broadcasts and this cancellation was symptomatic of a deterioration in the business relationship between the parties; (4) that the OSN had rebuffed efforts to renew a distribution rights agreement on terms acceptable to WWE, and such renewal was unlikely to occur in 2019, if ever; (5) that WWE did not have the ability to expand its operations in the Middle East or within Saudi Arabia as had been represented to investors; (6) that the OSN had refused to restart the broadcast of WWE programming despite a contractual obligation to continue such broadcasts; and (7) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Follow us for updates on LinkedIn, Twitter, or Facebook.

If you purchased or otherwise acquired WWE securities during the Class Period, you may move the Court no later than May 5, 2020 to request an appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class-action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

CONTACT:

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

SOURCE: Glancy Prongay & Murray LLP

ReleaseID: 582769

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Crown Castle International Corp. (CCI)

LOS ANGELES, CA / ACCESSWIRE / March 27, 2020 / Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming April 27, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Crown Castle International Corp. ("Crown Castle" or the "Company") (NYSE:CCI) investors who purchased securities between February 26, 2018 and February 26, 2020, inclusive (the "Class Period").

If you suffered a loss on your Crown Castle investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information here or contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, via email shareholders@glancylaw.com or visit our website at www.glancylaw.com to learn more about your rights.

On February 26, 2020, Crown Castle announced that it would restate its financial statements for the years ended December 31, 2018 and 2017 and for the first three quarters in the year ended December 31, 2019. According to the press release, the Company had recognized service revenues from its tower installation services in a manner that "was not acceptable under GAAP."

On this news, the Company's share price fell $14.38 per share, or over 8.8%, to close at $148.31 per share on February 27, 2020, thereby injuring investors.

The complaint alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Crown Castle's internal control over financial reporting and disclosures controls and procedures were ineffective and materially weak; (2) Crown Castle's financial accounting and reporting was not in accordance with GAAP; (3) Crown Castle's net income, adjusted EBITDA, and AFFO were inflated; (4) Crown Castle would need to restate its financial statements for the years ended December 31, 2018 and 2017, and unaudited financial information for the quarterly and year-to-date periods in the year ended December 31, 2018 and for the first three quarters in the year ended December 31, 2019; and (5) 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.

Follow us for updates on LinkedIn, Twitter, or Facebook.

If you purchased or otherwise acquired Crown Castle securities during the Class Period, you may move the Court no later than April 27, 2020 to request an appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class-action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

CONTACT:

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

SOURCE: Glancy Prongay & Murray LLP

ReleaseID: 582767

Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Aaron’s, Inc. (AAN)

BENSALEM, PA / ACCESSWIRE / March 27, 2020 / Law Offices of Howard G. Smith reminds investors of the upcoming April 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Aaron's, Inc. ("Aaron's" or the "Company") (NYSE:AAN) securities between March 2, 2018 and February 19, 2020, inclusive (the "Class Period").

Investors suffering losses on their Aaron's investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

On February 20, 2020, Aaron's disclosed that its Progressive segment had reached an agreement in principle with the U.S. Federal Trade Commission ("FTC") regarding the July 2018 civil investigative demand, which had sought to determine whether disclosures related to the Company's financial products were in violation of the FTC Act. The proposed agreement required Aaron's to "make a payment of $175 million and enhance certain compliance-related activities, including monitoring, disclosure and reporting requirements."

On this news, the Company's share price fell $10.70 per share, or over 19%, to close at $45.45 per share on February 20, 2020, thereby injuring investors.

The complaint alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) that Aaron's had inadequate disclosure controls, procedures, and compliance measures; (2) that, consequently, the operations of Aaron's Progressive and AB segments were in violation of the FTC Act and/or relevant FTC regulations; (3) that, consequently, Aaron's earnings from those segments were partially derived from unlawful business practices and were thus unsustainable; (4) the full extent of Aaron's liability regarding the likely negative consequences of all the foregoing on the Company's financial results; and (5) that, as a result, the Company's public statements were materially false and misleading at all relevant times.

If you purchased Aaron's securities during the Class Period, you may move the Court no later than April 28, 2020 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

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

CONTACT:

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

SOURCE: Law Offices of Howard G. Smith

ReleaseID: 582766

Manufactured Housing Properties Inc. Acquires Countryside and Evergreen Pointe Manufactured Housing Communities

CHARLOTTE, NC / ACCESSWIRE / March 27, 2020 / Manufactured Housing Properties Inc. (OTC PINK:MHPC), which acquires, owns, and operates manufactured housing communities; today announced the acquisitions of Countryside and Evergreen Pointe manufactured housing communities in March 2020.

Countryside is a 108 lot property located in Lancaster, SC; and Evergreen Pointe is a 65 lot property located in Dandridge, TN. The company now has 20 wholly owned and operated manufactured housing communities totaling 1,311 lots.

About Manufactured Housing Properties Inc.

Manufactured Housing Properties Inc. together with its affiliates; acquires, owns, and operates manufactured housing communities. The Company focuses on acquiring and operating manufactured home communities in high growth markets, and is actively seeking to expand its portfolio.

Contact:

Michael Z. Anise
President and Chief Financial Officer
(980) 273-1702 ext. 244

SOURCE: Manufactured Housing Properties Inc.

ReleaseID: 582843

Big Dougie Capital Corp. Announces Proposed Qualifying Transaction

CALGARY, AB / ACCESSWIRE / March 27, 2020 / Big Dougie Capital Corp. ("Big Dougie") (TSXV:STUV.P) is pleased to announce details concerning its proposed arm's length qualifying transaction involving a proposed business combination or asset acquisition involving Compania Recursos Andina Limitada ("Andina"), a private company incorporated under the laws of Chile, or a joint venture company to be created by Andina ("Newco").

Overview of Andina

Andina holds 100% unencumbered title to 8.7 square kilometres of mineral claims in the Coastal Gold-Copper belt of Region III, Chile (the "Mineral Claims"). These claims contain numerous old mines that exploited high grade gold, copper and cobalt mineralisation from three extensive shear-vein systems. Historic production grades from the old mines range from lows of 5g/t gold, 3% copper and 0.5% cobalt to highs of 65g/t gold, 12% copper and 1.3% cobalt. Historic surface workings on these vein systems are 2 – 15 m wide, extend over 2 – 3 kilometres of strike and to depths of over 180 metres. Mining activities in the area ended in the early 1940s when the main mines were flooded after intense local rainstorms.

Summary of the Proposed Transaction

Big Dougie has entered into a non-binding Letter of Intent with Andina dated March 19, 2020 (the "LOI") pursuant to which Big Dougie and Andina intend to complete a business combination or asset sale (the "Transaction") with the ongoing public company (the "Resulting Issuer") being called "Stuves Mining Inc." Pursuant to the proposed Transaction, Big Dougie or a subsidiary of Big Dougie will acquire the shares of Newco or the Mineral Claims in exchange for the payment of USD $500,000 in cash payable by Big Dougie to Andina or Newco, as the case may be, and the issuance to Andina or Newco, as the case may be, of 50,000,000 common shares of Big Dougie ("Big Dougie Common Shares"). Upon signing of the LOI, the sum of $250,000 shall be payable by Big Dougie to Andina or Newco, as the case may be, with the balance payable at closing of the Transaction. An insider of Big Dougie will be providing funding for payment of the USD $250,000 deposit with the intent of re-paying the deposit by subscribing for Big Dougie Common Shares pursuant to the Private Placement described below. If the Transaction does not close, the repayment of such deposit funds is subject to the policies of the TSX Venture Exchange (the "Exchange").

It is intended that the Transaction, when completed, will constitute Big Dougie's "Qualifying Transaction" in accordance with Policy 2.4 of the Exchange. A more comprehensive news release will be issued by Big Dougie disclosing details of the Transaction including, as necessary, financial information respecting Andina, the names and backgrounds of all persons who will constitute insiders of the Resulting Issuer, and information respecting sponsorship, once an agreement has been finalized and certain conditions have been met, including:

i) satisfactory completion of due diligence; and
ii) execution of a definitive agreement.

Shareholder approval is not required with respect to the Transaction under the rules of the Exchange because the Transaction does not constitute a Non-Arm's Length Qualifying Transaction. However, the structure of the Transaction has not yet been finalized so shareholder approval under corporate law may be required. Trading in the Big Dougie Common Shares has been halted and is not expected to resume trading until the Transaction is completed or until the Exchange receives the requisite documentation to resume trading.

Summary of the Proposed Private Placement

Pursuant to the LOI, the parties agree to use their "commercially reasonable efforts" to cause Newco or Big Dougie to complete a private placement (the "Private Placement") of subscription receipts convertible into Big Dougie Common Shares at closing of the Transaction ("Subscription Receipts") at a price per share to be determined in consultation with agents (the "Financing Strike Price") for gross proceeds of a minimum of $750,000 and a maximum of $1,500,000. The proceeds from the Private Placement will be held in trust pending closing of the Transaction. The parties may engage a syndicate of agents to be led by a firm to be determined (the "Agents") to act as agents on a "bought deal" or "best efforts" basis for the Private Placement and if retained would pay a commission to the Agents of up to 7% of the gross proceeds raised by the Agents (including selling group members). The Agents may also be granted that number of broker warrants in the aggregate equal up to 7% of the number of Subscription Receipts sold by the Agents (including selling group members) in the Private Placement, with each broker warrant entitling the holder thereof to purchase one common share of the Resulting Issuer at a price equal to the Financing Strike Price for a period of 12 months from closing of the Transaction. The commission and broker warrants shall be payable and issuable, respectively, to the Agents (and selling group members, as applicable) upon closing of the Transaction. The commission payable and warrants issuable to the Agents in conjunction with the Private Placement will exclude those subscribers that participate in the Private Placement that fall within the list of names submitted to the Agents by Newco or Big Dougie. Further particulars of the Private Placement will be disseminated in a news release to be issued upon finalization of terms with an agent.

Qualified Person

Mr. Terence Walker, M.Sc., P. Geo, a qualified person within the meaning of National Instrument 43-101 ("QP"), has reviewed and approved the contents of this news release. Mr. Walker has explored the subject mining district in the past. Historic production grades referenced in this news release were taken from private and government reports on the district which are believed to be reliable. . Big Dougie is not relying on the historical information to estimate, nor should the reader infer, that any mineral resource or mineral reserve estimates are being provided herein. The QP has not independently verified the accuracy of the production grades reported herein as verification will require dewatering of the existing shafts and working faces followed by sampling of those old working faces. Alternatively, drilling in the immediate area of the old working faces may be used for verification purposes.

Forward Looking Information

Statements in this press release regarding Big Dougie's business, which are not historical facts, are "forward-looking statements" that involve risks and uncertainties, such as the terms and conditions of the proposed Transaction and the Private Placement as well as the business of Andina. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements, include but are not limited to: inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the labour market generally and the ability to access, hire and retain employees; general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board or regulatory approvals, as applicable. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, neither Big Dougie nor Andina assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Completion of the Transaction and the Private Placement are subject to a number of conditions, including but not limited to, execution of binding definitive agreements relating to the Transaction and the Private Placement and satisfaction of conditions precedents thereof (including but not limited to receiving all required shareholder, regulatory and other approvals), Exchange acceptance and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

For further information, please contact:

Big Dougie Capital Corp.
Al Kroontje
Chief Executive Officer and Director
Phone: (403) 607-4009
Email: al@kasten.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 news release.

SOURCE: Big Dougie Capital Corp.

ReleaseID: 582841

HAFC SHAREHOLDER UPDATE: 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 27, 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: 582840

DEADLINE ALERT: Rigrodsky & Long, P.A. Reminds Shareholders Of Cronos Group Inc. Of Upcoming Deadline

WILMINGTON, DE / ACCESSWIRE / March 27, 2020 / Rigrodsky & Long, P.A. reminds shareholders of Cronos Group Inc. ("Cronos" or the "Company") (NASDAQ GS:CRON) of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company.

R&L filed a complaint in the United States District Court for the Eastern District of New York on behalf of all persons or entities that purchased the common stock of Cronos between May 9, 2019 and March 2, 2020, inclusive (the "Class Period"), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the "Complaint"). If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2020.

If you purchased shares of Cronos during the Class Period and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Seth D. Rigrodsky or Timothy J. MacFall at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, DE 19801, by telephone at (888) 969-4242, by e-mail at info@rl-legal.com, or at http://rigrodskylong.com/cases-cronos-group-inc.

The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company's business, operations and prospects. As a result of defendants' alleged false and misleading statements, the Company's stock traded at artificially inflated prices during the Class Period.

According to the Complaint, on February 24, 2020, Cronos made a partial, limited disclosure of problems with its financial reporting, announcing that "it will delay its 2019 fourth quarter and full-year earnings release and conference call, previously scheduled for Thursday, February 27, 2020. The Company has had a delay in the completion of its financial statements and will make a further announcement in a subsequent press release to schedule the date and time of the earnings conference call."

On this news, the price of the Company's stock fell from a close of $7.15 (USD) per share on February 21, 2020 to close at $6.37 (USD) per share on February 24, 2020, the next trading day and the day of the announcement.

Then, on March 2, 2020, Cronos issued a press release announcing that it had filed a Form 12b-25 with the SEC, providing the Company a 15-day extension of the due date for filing its Annual Report on Form 10-K for the year ended December 31, 2019 (the "Form 10-K"). On that same day, the Company also filed a Form 12b-25 with the SEC stating that it would file a Form 10-K with the SEC with fifteen days because "[t]he Company has been unable to complete its financial statements for fiscal 2019 due to a continuing review by the Audit Committee of the Company's Board of Directors, with the assistance of outside counsel and forensic accountants, of several bulk resin purchases and sales of products through the wholesale channel and the appropriateness of the recognition of revenue from those transactions."

On this news, shares of Cronos fell over 11%, closing at $5.32 (USD) per share on March 3, 2020, on heavy trading volume.

A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

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

CONTACT:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Timothy J. MacFall
(888) 969-4242
(516) 683-3516
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com

SOURCE: Rigrodsky & Long, P.A.

ReleaseID: 582839