SAN FRANCISCO, CA / ACCESSWIRE / May 28, 2020 / Hagens Berman urges investors in Ryder System, Inc. (NYSE:R) who have suffered losses in excess of $100,000 to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims.

Class Period: Jul. 23, 2015 – Feb. 13, 2020
Lead Plaintiff Deadline: July 20, 2020
Visit: https://www.hbsslaw.com/investor-fraud/r
Contact An Attorney Now: Ryder@hbsslaw.com
844-916-0895

Ryder System, Inc. (R) Securities Class Action:

The Complaint alleges that throughout the Class Period, Defendants misled investors by overstating Ryder's financial results. According to the Complaint, Defendants assigned grossly overstated residual values to Ryder's trucking fleet, which allowed the company to record smaller-than-required depreciation expenses and, in turn, artificially inflate the company's reported earnings.

Investors began to learn the truth through a series of partial disclosures beginning on July 30, 2019, when Ryder drastically reduced its FY 2019 earnings forecast, blaming weaker valuations of the company's tractors.

Then, on Oct. 29, 2019, the company significantly lowered the residual values for all its vehicles and recorded a $177 million depreciation expense, explaining that "management concluded that our residual value estimates likely exceed the expected future values that would be realized upon the sale of power vehicles in our fleet."

Finally, on Feb. 13, 2020, Defendants disclosed Ryder recorded a total depreciation expense of $357 million for FY 2019, and that it expected to record an additional depreciation expense of $275 million during FY 2020 due to additional reductions of residual values.

In response to each disclosure, the price of Ryder shares sharply fell.

"We're focused on investors' losses and proving Ryder intentionally deceived investors through its accounting gimmickry," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of Ryder and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Ryder 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 Ryder@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: 591858

SAN FRANCISCO, CA / ACCESSWIRE / May 28, 2020 / Hagens Berman urges investors in GSX Techedu Inc. (NYSE:GSX) to submit their losses now. The June 16, 2020 lead plaintiff deadline in a securities fraud class action against GSX is fast approaching.

Class Period: June 6, 2019 – Apr. 13, 2020

Lead Plaintiff Deadline: June 16, 2020

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

Contact An Attorney Now: GSX@hbsslaw.com

844-916-0895

GSX Techedu (GSX) Securities Class Action:

The Complaint alleges Defendants misreported GSX's financials, student enrollment figures, and teacher qualifications.

Investors began to learn the truth on Feb. 25, 2020, when Grizzly Research published a scathing report, accusing GSX of "drastically overstating its profitability in its US public filings, especially for 2018." Grizzly claimed that GSX had generated "fake student enrollments to boost student count," and "fabricated teachers profiles."

On Apr. 14, 2020, Citron Research similarly charged GSX with fabricating revenues by 70% and overstating net profits by 75%.

Then, on May 7, 2020, Citron published another report, citing "definitive evidence" of GSX "committing securities fraud." Citron avers that GSX understated customer acquisition costs by moving expenses off its books to shell companies.

On May 18, 2020, Muddy Waters joined in, concluding GSX "is a near-total fraud," given that 70-80% of its users are fake.

On May 28, 2020, Muddy Waters cited additional evidence of GSX fabricating its user numbers, including an account from a former GSX manager.

"We're focused on investors' losses and proving GSX deceived investors," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you purchased shares of GSX and suffered significant losses, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding GSX 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 GSX@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: 591857

NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against Colony Capital, Inc. ("Colony" or the "Company") (NYSE:CLNY) and certain of its officers. The class action, filed in United States District Court for the Central District of California, and docketed under 20-cv-04673, is on behalf of a class consisting of investors who purchased or otherwise acquired Colony securities between August 9, 2019, and May 7, 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 Colony securities during the class period, you have until July 27, 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. 7980. 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]

Colony is a leading global investment management firm with assets under management of $55 billion. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, and traded and non-traded real estate investment trusts.

On August 9, 2019, Colony announced that it would sell its multi-billion-dollar industrial portfolio and, potentially, its related management platform.

On September 30, 2019, Colony announced that Blackstone (NYSE: BX) would acquire Colony Industrial, the industrial real estate assets and affiliated industrial operating platform of the Company, for $5.9 billion.

On November 7, 2019, Colony Credit Real Estate (NYSE:CLNC) announced that "third party valuation experts assisted the [c]ompany in a robust strategic reassessment of [its] entire asset base," that, "[d]uring this process [the company] identified and separated a Legacy, Non-Strategic Portfolio and made meaningful changes to the original business plans," and that "[g]oing forward, [the company] plan[s] to report the operations and dispositions from [its] Core Portfolio and the Legacy, Non-Strategic Portfolio separately."

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) Colony's sale of its industrial real estate portfolio and the bifurcation of Colony Credit Real Estate's portfolio were foreseeably likely to negatively impact Colony's financial and operating results; (ii) certain of Colony's remaining portfolio companies carried unsustainable levels of debt secured by hotels and healthcare-related properties and were thus at significant risk of default; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

On November 8, 2019, Colony announced its financial results for the third quarter of 2019. Among other results, the Company reported a GAAP net loss of $555 million, or $1.15 per share, which "notably included reductions of goodwill, real estate and provision for loan losses totaling $540.3 million . . . of which $387.0 million was attributable to the reduction of goodwill primarily as a result of the pending sale of the Company's industrial investment management business and related real estate portfolio, and the decrease in management fees from Colony Credit Real Estate, Inc. resulting from impairments related to its portfolio bifurcation."

On this news, Colony's stock price fell $0.48 per share, or 8.76%, to close at $5.00 per share on November 8, 2019.

Then, on May 8, 2020, Colony issued a press release announcing its financial and operating results for the first quarter of 2020. In the press release, Colony reported that its portfolio companies had defaulted on $3.2 billion of debt secured by hotels and healthcare-related properties and that Colony had received a notice of acceleration covering $780 million of the defaulted debt.

On this news, Colony's stock price fell $0.08 per share, or 3.81%, to close at $2.02 per share on May 8, 2020.

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: 591866

NEW YORK, NY / ACCESSWIRE / May 28, 2020 / SparkHealthMD is a news agency which reports the latest advancements in health. Considering the high demand and popularity of "Resurge", it has recently published a review of this natural dietary formula which has benefits for people on Deep Sleep track.

The reason why SparkHealthMD decided to analyze the working of Resurge is because of its popularity on different online forums where dozens of people are suggesting it to each other.

Losing excessive fat is a lot more than just following a calorie deficient diet and spending hours at the gym. Just like how weight gain is different for everyone, losing it also varies from person to person. It looks as if some people are naturally ‘blessed' with this capacity to get rid of unwanted body inches while others struggle for months to get the same benefits.

User reviews of resurge suggest that taking this supplement daily improves their metabolism reduces hunger pangs and helps to maintain a healthy weight for long. It suggests that unlike other popular products, Resurge is a multi-action formula that works on all body functions at a time and improve them.

They also reported a noticeable change in energy levels, mental abilities, and overall wellness while using Resurge. In addition to this, this product doesn't require its user to follow a calorie-deficit diet or spend hours doing strenuous exercises. It believes in easy and natural weight loss, which is why more and more users are now switching to Resurge to improve their results.

It falsifies the general assumption that reducing weight is boring, demotivational, and extremely difficult. What's easier than taking a dietary supplement and making sure that you are eating healthy? Resurge has surely changed the whole perception of weight loss.

The all-natural supplement, Resurge does all this for its use within a few days of usage. The reason why this formula is such fast-acting is that it uses only the best quality ingredients, all of which are extracted from herbal sources.

For More Information, Visit Resurge Official Website

The first thing to notice while using Resurge is the regularity of the sleep cycle and reduced stress levels. Yes, it is advertised as a fat burner but promoting a good night's sleep, stress relief, and cognitive boost is probably not what many other products of the same type of promise. But looking closely reveals that Resurge start taking action by working on all potential irregularities which might hinder a natural weight loss.

When a person is depressed, lethargic, or sleep-deprived, it directly affects his appetite and metabolism, so the weight gain or reduction is directly connected to all these factors. The natural ingredients of Resurge start taking action as soon as they are absorbed by the body. The deep sleep action, anti-anxiety effects, and ensuring good hormonal health, all imply a change in the biological clock of the user. Once this clock is set, the body is naturally able to maintain a healthy weight.

In addition to this, the user feels fresh and wakes up active the next day. His energy levels are full, his concentration and focus are on point. Above all, he feels that he is ready to go through the daily routine tasks either physical or mental.

All these reasons suggest Resurge by John Barban to be an option that the users can trust.

It is highly unlikely for a natural product like Resurge to go against the body and cause an undesirable effect. For the reason that it is formulated after going through scientific researches on each one of its ingredients, it has zero side effects even if a user takes it for months. Moreover, there are no artificial ingredients or toxins inside its formulation.

For the ease of its usage, the ingredients of Resurge are tightly packed in a capsule form and contained in a premium quality packing. Every bottle is sealed when it reaches the buyer. It is advised not to remove the seal if the user has bought more than one bottle. Ideally, the seal should be removed when he is ready to use it.

It is easy to use the pre-packed Resurge capsules in routine. The bottle is very handy and travel-friendly. The company has not declared any information on its complete formula for safety reasons. But one thing is clear that it has premium quality natural ingredients that have proven weight loss benefits for users.

It is necessary to take Resurge for at least four weeks to experience any effects. Before that, it would be too early to say whether or not this product is worth trying or not. Every user who is over 18 years of age can use Resurge, however, it is not advised to be used by people taking any type of daily medication.

Coming to its price, Resurge looks like an expensive product because it provides so many health and weight loss benefits to it users. But going through its pricing details could surprise anyone because it costs less than all fancy fat burners that are popular for no apparent reason.

This natural, risk-free, and effective dietary supplement is only available online and that too at a highly affordable price.

The genuineness of this product should not be a question because each order of Resurge comes with a 60-day money-back guarantee. During this period, if the user experiences no effects, he can ask for a complete refund of his order which is transferred back to him within a few business days.

Going through all these details, it appears that Resurge has a lot more to offer than just weight loss. and that too comes at an economical price. The price reduces even more for bundle offers.

For more information, Visit Resurge Official Website

Contact information:

Name: Keith White
Company: Spark Health MD
Email: support@askhealthnews.com
Phone: 381-879-8898
Website: https://sparkhealthmd.com/

SOURCE:Spark Health MD

ReleaseID: 591851

VANCOUVER, BC / ACCESSWIRE / May 28, 2020 / Blue Moon Zinc Corp. (TSX.V:MOON) (OTC PINK:BMOOF) (the "Company") is currently awaiting confirmation by its partner, Platina Resources Ltd. ("Platina"), on the timing of the follow-on drill program at the Blue Moon project. The last three drill holes, BMZ-80, BMZ-79 and BMZ-78, all demonstrated significant intersections of zinc, copper, gold and silver.

Platina is currently paying 100% of the drill program costs and can earn an initial 50% interest in the Blue Moon project by incurring $3 million including the drilling of a minimum 10,000 metres and payment to the Company of $250,000 by February 2021. Platina can increase its interests to 70% by incurring an additional $3.75 million including the completion of a pre-feasibility study and payment to the Company of $500,000.

The Company announces the resignation of Peter Ball as a director of the Company. The Company wishes to thank Mr. Ball for his contributions to the Company over the last two years.

About Blue Moon

Blue Moon (TSX.V:MOON) (OTC PINK:BMOOF) is currently advancing its Blue Moon polymetallic deposit which contains zinc, gold, copper and silver in partnership with Platina Resources Limited. The deposit is open at depth and along strike. The Blue Moon 43-101 Mineral Resource includes 7.8 million inferred tons at 8.07% zinc equivalent. The 43-101 and related press release with details on the resource are available on the company's website and were filed on www.sedar.com on November 20, 2018. The Company also holds 100% of the Yava polymetallic project in Nunavut that is in the same volcanic lithologies and south of Glencore's Hackett River deposit. More information is available on the company's web site (www.bluemoonmining.com).

Qualified Persons

John McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43-101, has reviewed the scientific and technical information that forms the basis for this press release.

For more information please contact:

Patrick McGrath, CEO
1-832-499-6009
pmcgrath@bluemoonmining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Resource estimates included in this news release are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions set forth in the relevant technical report and otherwise, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices for zinc, the results of future exploration, uncertainties related to the ability to obtain necessary permits, licenses and titles, changes in government policies regarding mining, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

The securities referenced in this news release have not and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

SOURCE: Blue Moon Zinc Corp.

ReleaseID: 591853

TORONTO, ON / ACCESSWIRE / May 28, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) ("Kontrol") is pleased to announce that it has signed a definitive share purchase agreement for its previously announced acquisition (May 19th, 2020) (the "Acquisition") of a building solutions company (the "Target") and has increased the size of its previously announced convertible debenture private placement (May 19th, 2020) (the "Offering") from $1.5 Million to $2.0 Million. Kontrol Energy intends to apply to list the convertible debentures issuable pursuant to the Offering on the Canadian Securities Exchange ("CSE"). Listing will be subject to CSE approval and satisfying all of the requirements of the CSE, and the expiry of applicable hold period.

"We look forward to adding this synergistic acquisition to our operating platform and expanding our recurring revenue business," says Paul Ghezzi, CEO Kontrol Energy. "The acquisition Target operates a building energy and equipment monitoring and service platform that helps ensure the effective operation and maintenance of essential heating, cooling and ventilation and utility systems."

The Acquisition, which is scheduled to be completed in the third week of June, is subject to a number of conditions, including the provision of certain confirmatory due diligence information to Kontrol, and the completion of the Offering. For commercial reasons, the identity of the target will remain confidential until the completion of the Acquisition.

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

Kontrol Energy is one of Canada's fastest growing companies in 2018 and 2019 as ranked by Canadian Business and Maclean's.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com.

For further information, contact:

Paul Ghezzi, Chief Executive Officer
paul@kontrolenergy.com or admin@kontrolenergy.com
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward Looking Statements:

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding the Acquisition and the Offering, the listing of the convertible debentures issuable pursuant to the Offering on the CSE, possible future acquisitions and/or investments in operating businesses and/or technologies, organic growth, the provision of solutions to customers and Greenhouse Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. Subsequent to year-end, there was a global outbreak of COVID-19 (coronavirus), which has had a significant impact on businesses through the restrictions put in place by the Canadian, provincial and municipal governments regarding travel, business operations and isolation/quarantine orders. At this time, it is unknown the extent of the impact the COVID-19 outbreak may have on Kontrol as this will depend on future developments that are highly uncertain and that cannot be predicted with confidence. These uncertainties arise from the inability to predict the ultimate geographic spread of the disease, and the duration of the outbreak, including the duration of travel restrictions, business closures or disruptions, and quarantine/isolation measures that are currently, or may be put, in place by Canada and other countries to fight the virus. Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that the conditions to closing of the Acquisition will be satisfied, that the Offering will be completed, that the convertible debentures issued pursuant to the Offering will be approved for listing by the CSE, suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to Kontrol, that technology will be as effective as anticipated, that organic growth will occur, and others. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, the conditions to closing of the Acquisition not being satisfied, the Offering not being completed, the non-satisfaction of the conditions of listing the convertible debentures on the CSE, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected that customers and potential customers will not be as accepting of Kontrol's product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

SOURCE: Kontrol Energy Corp.

ReleaseID: 591843

BOSTON, MA / ACCESSWIRE / May 28, 2020 / Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, announces that a securities fraud lawsuit has been filed against Hallmark Financial Services, Inc. (NASDAQ:HALL) and certain of its officers. Investors who have lost money are encouraged to contact the firm for a free case evaluation.

During the month of March 2020, Hallmark's shares plummeted after a series of announcements. First, on March 2, 2020, Hallmark revealed its decision to "exit its Binding Primary Auto business." In one day, Hallmark's share price fell $2.10, to close at $12.23 per share. Next, on March 11, 2020, Hallmark announced that it had fired its public accounting firm over "a disagreement." On this news, the stock fell from $8.10 to $5.71 per share. Then on March 17, 2020, Hallmark filed a letter with the SEC indicating that the former public accounting firm had "expanded significantly the scope of its audit on January 31, 2020." On this news, the stock fell to just $3.12 per share.

The lawsuit was filed in the U.S. District Court for the Northern District of Texas.

If you purchased or acquired shares of Hallmark, have lost money as a result of these announcements, and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at cases@blockesq.com, or at https://shareholder.law/hallmark.

Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country's financial markets. The firm represents many of the nation's largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm's lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockesq.com
www.blockesq.com

SOURCE: Block & Leviton LLP

ReleaseID: 591849

BOSTON, MA / ACCESSWIRE / May 28, 2020 / Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, announces that a securities class action has been filed against Phoenix Tree Holdings Ltd. (NYSE:DNK) and certain of its officers and directors. Investors who have lost money are encouraged to contact the firm for a free case evaluation.

Phoenix Tree, a holding company that leases and manages apartments in China, held its initial public offering ("IPO") for its American Depositary Shares ("ADS") on January 22, 2020, in which it sold 9.6 million ADS at $13.50 each. The lawsuit, filed in the U.S. District Court for the Southern District of New York, alleges that the IPO materials misrepresented and/or failed to disclose the nature and level of renter complaints that Phoenix Tree had received before and as of the IPO, plus the Company's exposure to significant adverse developments resulting from the onset of COVID-19 in China. The ADS are presently trading around $6.97 each, nearly half of their IPO price.

If you purchased or acquired Phoenix Tree ADS and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at cases@blockesq.com, or at https://shareholder.law/phoenixtree. The deadline to move for appointment as lead plaintiff is June 23, 2020.

Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country's financial markets. The firm represents many of the nation's largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm's lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockesq.com

SOURCE: Block & Leviton LLP

www.blockesq.com

ReleaseID: 591848

Requests Gain Capital's Board change its recommendation

RIVERSIDE, CT / ACCESSWIRE / May 28, 2020 / Neustrada Capital LLC owns approximately 1% of Gain Capital Holdings, Inc and supports JB Capital's proposal outlined in its Form 13D dated May 27, 2020.

Neustrada Capital noted in a letter sent to the Board on May 25, 2020 (attached) that it did not support the transaction for these reasons:

The extraordinary earnings since the transaction was announced.
The estimated net cash per share of $5.80 on May 31.
The estimated tangible book value of $8.10 on May 31.
The fact that the fairness opinion dated February 26 has not been updated.
Three Directors support Neustrada's view.
The projected earnings power of $2.15 to $2.40 per share the company articulated in the attached presentation has been clearly substantiated.

Further, Neustrada noted that the Board's own actions suggest the price is too low. Specifically:

Repurchasing 8.2 million shares in 2018 at $7.73/share.
Repurchasing 1.12 million shares in 2019 at $6.20/share.
These purchases were made at approximately book value. You are now recommending holders sell shares at an approximate 25% discount to book value.
These purchases were made when the company had approximately $130 million debt outstanding versus a negligible amount at the projected closing date.
The Board awarded Mr. Glenn Stephens incentive compensation for 2020, however, shareholders are not able to share in 2020's earnings.

Contact: Gerald Catenacci gcatenacci@neustrada.com

Related Files
GCAP 20200528 Letter to Board

SOURCE: Neustrada Capital LLC

ReleaseID: 591842

NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Mesa Air Group, Inc. ("Mesa" or "the Company") (NASDAQ:MESA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Mesa securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement') issued in connection with the Company's August 2018 initial public offering (the "IPO"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/mesa.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements that: (1) Mesa Air Group's operational performance was poor and below industry standards; (2) Mesa Air Group had a shortage of qualified mechanics and maintenance personnel; (3) Mesa Air Group had an inadequate number of spare aircraft and parts; (4) Mesa Air Group did not have a strong track record of reliable performance; (5) then-existing "risks" had already materialized; (6) Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the IPO; and (7) as a result, defendants' public statements were materially false and/or misleading 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 review a copy of the Complaint you can visit the firm's site: www.bgandg.com/mesa 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 Mesa you have until June 1, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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

Contact:

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

SOURCE: Bronstein, Gewirtz and Grossman, LLC

ReleaseID: 591196