NEW YORK, NY / ACCESSWIRE / May 27, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Mesa Air Group Incorporated (NASDAQ:MESA)
Lawsuit on behalf of: investors who purchased MESA shares pursuant and/or traceable to the documents issued in connection with Mesa Air Group's August 2018 initial public offering.
Lead Plaintiff Deadline: June 1, 2020

The MESA lawsuit alleges that throughout the class period, Mesa Air Group Incorporated made materially false and/or misleading statements and/or failed to disclose 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 initial public offering; and (7) as a result, Defendants' public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in MESA: http://www.kleinstocklaw.com/pslra-1/mesa-air-group-incorporated-loss-submission-form?id=6910&from=1

Baidu, Inc. (NASDAQ:BIDU)
Class Period: March 16, 2019 – April 7, 2020
Lead Plaintiff Deadline: June 22, 2020

The BIDU lawsuit alleges Baidu, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) Baidu's feed services were not in compliance with applicable Chinese regulatory standards; (ii) the foregoing noncompliance subjected the Company to a heightened risk of regulatory enforcement, including the removal or suspension of certain of Baidu's services and products; (iii) accordingly, the Company's revenues derived from online marketing services were unlikely to be sustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in BIDU: http://www.kleinstocklaw.com/pslra-1/baidu-inc-loss-submission-form?id=6910&from=1

Phoenix Tree Holdings Limited (NYSE:DNK)
Investors affected purchased American Depositary Shares ("ADS") of Phoenix pursuant and/or traceable to prospectuses and registration statements issued in connection with the Company's January 2020 initial public offering
Lead Plaintiff Deadline: June 26, 2020

According to the filed complaint, the documents Phoenix Tree issued in connection with its initial public offering ("IPO") omitted or otherwise misrepresented the nature and level of renter complaints the Company had received before and as of the IPO, as well as the demand in the Chinese residential rental market and the Company's exposure to significant adverse developments resulting from the onset of the coronavirus in China – particularly in Wuhan – at the time of the IPO. After the IPO, reports emerged indicating that Phoenix was experiencing ongoing problems due to the coronavirus, which was causing financial and other harm to tenants.

Learn about your recoverable losses in DNK: http://www.kleinstocklaw.com/pslra-1/phoenix-tree-holdings-limited-loss-submission-form?id=6910&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 591600

NEW YORK, NY / ACCESSWIRE / May 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.

Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Investors Affected : October 2, 2019 – February 11, 2020

A class action has commenced on behalf of certain shareholders in Bed Bath & Beyond Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) due to "aggressive disposition of inventory," the Company lacked sufficient inventory in key categories to support holiday sales; (2) the Company's internal control over inventory levels and financial reporting was not effective; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/bed-bath-beyond-inc-loss-submission-form/?id=6909&from=1

GSX Techedu Inc. (NYSE:GSX)

Investors Affected : June 6, 2019 – April 13, 2020

A class action has commenced on behalf of certain shareholders in GSX Techedu Inc . The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) GSX overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process; (ii) the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results; 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/gsx-techedu-inc-loss-submission-form/?id=6909&from=1

Groupon, Inc. (NASDAQ:GRPN)

Investors Affected : November 4, 2019 – February 18, 2020

A class action has commenced on behalf of certain shareholders in Groupon, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/groupon-inc-loss-submission-form/?id=6909&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: 591599

NEW YORK, NY / ACCESSWIRE / May 27, 2020 / The music industry is easily one of the most competitive industries in the market. It is more than making music but is also about connecting to people and making them feel emotions. To become successful, finding their way in and figuring how to stand out among the rest in this niche is one of the toughest yet most rewarding things an artist can achieve. Just like Jay Ye, a hip-hop and rap artist, who is proud to have a license to make great music!

Jason Christoper Long or Jay Ye (Jay Yay) is proudly hailing from Washington, DC. Just like every other artist, Jay Ye fought his way to get to where he is today. He is currently a CEO, recording artist, and producer. It was a long way to go, but giving up was not an option for him!

It was in 2016 when he released his first single, "Pull a U on You," gaining attention from a wide array of audiences. Shortly after, he collaborated with other music artists such as Loretta's Only, Young M.A., and Ashton Rich. In 2016, he was featured by Loretta's Only, a rising artist based in Orlando, Florida, in his hit song entitled "My Life."

Jay Ye has also opened not only artist shows such as the show of young MC from Brooklyn, New York, Young M.A., in New York City, but also tours like "The Real Me Tour" last August 2019 by Ashton Rich, an artist, and songwriter from Tennessee. Aside from producing music, he has also produced for the largest artist showcases in the world, Coast 2 Coast instrumental mixtape, Volume 47.

At this point, you might be thinking that a lot of artists have also done those things. However, what makes Jay Ye stand out among the rest in this industry? Firstly, he was able to open up not just any radio show, but rather one of the top morning shows in New York, New York City's Power 105.1 FM. Second, Jay has acquired Trademark and Limited Liability licenses, making him own all the rights to all of his music-a credential that not everyone in the music industry has. And last but not least, Jay Ye takes pride in being a part of the people who helped Broadcast Music Inc. or BMI, one of the four major music rights groups in the United States, to get the Music Modernization Act Law passed in 2018. This law has since provided a safety blanket for the producers and artists in light of the emerging digital streaming platforms.

Jay Ye's music is something a millennial would want to check out and listen to. If you are into music that is more grown and sexy, then Jay Ye's music will hit you right to the bones.

The list of credits Jay Ye has is continuously growing, and his career in the music industry will undoubtedly continue to flourish and bloom in the years to come.

Listen to his latest single "Shinin' Hard (Radio Edit)" on Spotify by clicking here! And To get to know more about Jay Ye and what he does, you may give him a call on (202) 790-2276 or send him an email at ye_jay@ymail.com.

SOURCE: Jay Ye

ReleaseID: 591598

WALTHAM, MA / ACCESSWIRE / May 27, 2020 / SeaChange International, Inc. (NASDAQ:SEAC), a leading provider of video delivery platforms, builds on an existing relationship with Amazon Web Services (AWS) to provide new functionalities for the Framework cloud-based video delivery platform with AWS machine learning (ML) services.

TV providers face high operating expenses driven by the rising cost of content and infrastructure and declining average revenue per user. In addition, subscriber churn continues to challenge TV providers due to the ever-growing amount of viewing options. Retaining paying subscribers is high priority in this competitive landscape.

The Framework Predictive Analytics algorithms leverage AWS ML services to help TV providers better understand user engagement. Pre-built dashboards and reports produce data that is used to inform decisions aimed at retention and monetization. It identifies patterns that suggest whether a user is at risk of churning, which prompts the provider to launch targeted retention actions. Understanding user behavior such as channel lineup utilization, VOD catalog engagement, and promotion effectiveness can also improve the accuracy of advertising campaigns.

The SeaChange Framework utilizes Amazon SageMaker to build, train, and deploy ML models quickly and at scale. Amazon SageMaker removes the undifferentiated heavy lifting from each step of the ML process and makes it easier to develop high-quality models. The Framework also leverages AWS Lambda and Amazon Athena to provide a scalable and cost-effective solution that's compatible with any centralized or distributed head-end architecture.

"The SeaChange Framework with predictive analytics powered by AWS is the ultimate tool for TV providers to reduce subscriber churn by improving viewer engagement and increase revenues through better monetization of advertising inventory," said Walid Hamri, Chief Product Officer of SeaChange International.

Contact us to schedule a demo and see how the Framework leverages AWS to launch a direct-to-consumer online video delivery service in a matter of days.

####

About SeaChange International, Inc.

SeaChange International (NASDAQ: SEAC) powers hundreds of cloud and on-premises platforms with live TV and video on demand (VOD) for more than 50 million subscribers worldwide. SeaChange's end-to-end solution, the Framework, enables operators and content owners to cost-effectively launch a direct-to-consumer video service. This includes back-office, media asset management, ad management, analytics and a client application for set-top boxes (STB), Smart-TVs and mobile devices. Framework is available as a product or managed service, and can be deployed on-premises, in the cloud or as a hybrid. For more information, please visit www.seachange.com.

Safe Harbor Provision

Certain statements in this press release may constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, as amended to date. Forward-looking statements can be identified by words such as "may," "might," "will," "should," "could," "expects," "plans," "anticipates," "believes," "seeks," "intends," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. Examples of forward-looking statements include, among others, statements we make regarding the ability of the enhanced Framework to identify users at risk of churning and for our customers to utilize such information to launch targeted retention actions, including the success of such actions; the overall ability of the Framework to reduce subscriber churn and increase customer revenues; the Amazon SageMaker's ability to remove the undifferentiated heavy lifting from the ML process and facilitate the development of high-quality models; the importance of understanding user behavior such as channel lineup utilization, VOD catalog engagement, and promotion effectiveness in improving the accuracy of advertising campaigns; the ability of Framework to leverage other products to provide scalable, cost-effective and compatible solutions and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations, and assumptions of the management of the Company and are subject to a number of known and unknown risks and significant business, economic and competitive uncertainties that could cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. Risks that could cause actual results to differ include, but are not limited to: the impact of COVID-19 on our business and the economies in which we operate; the level of acceptance of the enhanced Framework with our current and future customers; the successful deployment of the Framework's new features; the continued spending by the Company's customers on video solutions and services; the manner in which the multiscreen video and OTT markets develop; the Company's ability to compete in the software marketplace; and other risks that are described in further detail in the Company's reports filed from time to time with the Securities and Exchange Commission (SEC), which are available at www.sec.gov, including but not limited to, such information appearing under the caption "Risk Factors" in the Company's Annual Report on Form 10-K, as amended. Any forward-looking statements should be considered in light of those risk factors. The Company cautions readers that such forward-looking statements speak only as of the date they are made. The Company disclaims any intent or obligation to publicly update or revise any such forward-looking statements to reflect any change in Company expectations or future events, conditions or circumstances on which any such forward-looking statements may be based, or that may affect the likelihood that actual results may differ from those set forth in such forward-looking statements.

SeaChange Contact:

Matt Glover
Gateway Investor Relations
949-574-3860
SEAC@gatewayir.com

SOURCE: SeaChange Corporation

ReleaseID: 590306

SAN FRANCISCO, CA / ACCESSWIRE / May 27, 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: 591548

SAN FRANCISCO, CA / ACCESSWIRE / May 27, 2020 / Hagens Berman urges investors in iQIYI, Inc. (NASDAQ:IQ) who have suffered significant losses to submit their losses now. The June 15, 2020 lead plaintiff deadline in a securities fraud class action against iQIYI is fast approaching.

Class Period: Mar. 29, 2018 – Apr. 7, 2020
Lead Plaintiff Deadline: June 15, 2020
Visit: www.hbsslaw.com/investor-fraud/IQ
Contact An Attorney Now: IQ@hbsslaw.com
844-916-0895

iQIYI (IQ) Securities Class Action:

The complaint alleges that Defendants inflated iQIYI's revenue figures, user numbers and operational expenses to cover up other fraud.

Investors began to learn the truth, according to the complaint, on Apr. 7, 2020, when Wolfpack Research published a scathing report, claiming the company was committing fraud well before its 2018 IPO and has continued to do so ever since. Wolfpack estimates that (a) iQIYI inflated its 2019 revenue by 27% – 44%, (b) overstates its user numbers by 42% – 60%, and then (c) inflates its expenses, the prices it pays for content, and other assets and acquisitions in order to burn off fake cash to hide the fraud from its auditors and investors.

This news drove the price of iQIYI ADSs sharply lower during intraday trading on Apr. 7, 2020.

More recently, on May 18, 2020, iQIYI released disappointing 1Q 2020 financial results, disclosing widening quarterly losses of $406.4 million, or 56 cents a share, a 55% increase over the year-ago quarter.

"We're focused on investors' losses and proving iQIYI misled investors about the company's revenues, user numbers, and operational expenses to appear more successful," said Reed Kathrein, the Hagens Berman partner leading the investigation.

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

Whistleblowers: Persons with non-public information regarding iQIYI 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 IQ@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: 591547

SAN FRANCISCO, CA / ACCESSWIRE / May 27, 2020 /  Hagens Berman urges investors in Hallmark Financial Services, Inc. (NASDAQ:HALL) who have suffered significant losses to submit their losses now. A securities fraud class action was filed and certain investors may have valuable claims.

Class Period: Mar. 5, 2019 – Mar. 17, 2020
Lead Plaintiff Deadline: July 7, 2020
Visit: www.hbsslaw.com/investor-fraud/HALL
Contact An Attorney Now: HALL@hbsslaw.com
844-916-0895

Hallmark Financial Services (HALL) Securities Class Action:

The complaint alleges that throughout the Class Period, Defendants misrepresented and concealed: (1) that the Company lacked effective internal controls over accounting and financial reporting related to reserves for unpaid losses; and (2) that the Company improperly accounted for reserves for unpaid losses and loss adjustment expenses related to its Binding Primary Commercial Auto business.

Investors began to learn the truth, according to the complaint, through a series of disclosures beginning on Mar. 2, 2020, when Hallmark announced it was exiting the Binding Primary Commercial Auto business and reported a $63.8 million loss development for prior underwriting years.

Then, on Mar. 11, 2020, Hallmark announced it had dismissed its independent auditor BDO over a "disagreement" concerning the Company's estimated reserves for unpaid losses and loss adjustment expenses throughout 2019.

Finally, on Mar. 17, 2020, Hallmark disclosed a letter from BDO to the SEC revealing that BDO had expanded significantly the scope of its audit on Jan. 31, 2020, with respect to the matters of disagreement, and that "a substantial portion the requests had not been received and/or tested prior to our termination."

These disclosures caused Hallmark shares to decline over 75% lower between Mar. 2 and Mar. 18, 2020.

"We're focused on proving Defendants intentionally misled investors about the Company's internal controls and the sufficiency of its loss reserves," said Reed Kathrein, the Hagens Berman partner leading the investigation.

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

Whistleblowers: Persons with non-public information regarding Hallmark 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 HALL@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: 591546

SAN FRANCISCO, CA / ACCESSWIRE / May 27, 2020 / Hagens Berman urges investors in eHealth, Inc. (NASDAQ:EHTH) who have suffered losses in excess of $50,000 to submit their losses now. The June 8, 2020 lead plaintiff deadline in a securities fraud class action that has been filed against the company and senior executives is fast approaching.

Class Period: Mar. 19, 2018 – Apr. 7, 2020
Lead Plaintiff Deadline: June 8, 2020
Visit: www.hbsslaw.com/investor-fraud/EHTH
Contact An Attorney Now: EHTH@hbsslaw.com
844-916-0895

eHealth (EHTH) Securities Class Action:

The complaint alleges that Defendants misrepresented and concealed eHealth's highly aggressive accounting and modeling assumptions, skyrocketing rate of member churn resulting from the company's pursuit of low quality, loss-making growth, and its reliance on direct response television advertising which attracts an unprofitable high-churn enrollee.

Investors began to learn the truth, according to the complaint, on Apr. 8, 2020, when Muddy Waters Capital published a scathing report about the company, finding that eHealth uses deceptive accounting to mask a significantly unprofitable business. According to Muddy Waters, eHealth makes "overly optimistic" modeling assumptions concerning its health insurance plan life-time values (LTV), obscures customer churn rates, and materially understates costs. As a result, Muddy Waters claims eHealth has grossly overstated its reported revenues and operating profit by hundreds of millions of dollars.

Moreover, Muddy Waters pointed out that while falsely hyping the company as "the Expedia / Zillow of health insurance," corporate insiders have sold $35 million of their personally held stock at inflated prices, including CEO Scott Flanders, who sold 15% of his stake in January 2020 alone.

On this news, the stock plummeted $12.82, or approximately 12%, in a single trading day.

Recently, on Apr. 23, 2020, the Company reported its Q1 2020 financial results, including a nearly 30% decline in cash flow from operations compared to Q1 2019. This news sent the price of eHealth shares plummeting as much as 14% during intraday trading on Apr. 24, 2020.

"We're focused on investors' losses and proving eHealth manipulated various financial metrics to appear more profitable," said Reed Kathrein, the Hagens Berman partner leading the investigation.

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

Whistleblowers: Persons with non-public information regarding eHealth 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 EHTH@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: 591544

VANCOUVER, BC / ACCESSWIRE / May 27, 2020 / Black Tusk Resources Inc. ("Black Tusk" or the "Company) (CSE:TUSK)(OTC PINK:BTKRF)(Frankfurt:0NB) is pleased to announce that the company has completed further reconnaissance and soil sampling on the McKenzie East Gold Property located 30 Km North of Val d'Or, Quebec.

The company's contractor VD Géo Service, based in Val d'Or, completed the acquisition of 205 soil samples along pre-existing access routes and other areas that were amenable to sampling. The samples will be submitted to a laboratory for analysis shortly. Black Tusk is currently discussing the best analysis method to utilize, and which lab to send the samples to for processing. Sample results are expected within 30 days.

The company has acquired a permit that allows for the construction of 18 drill pads with supporting water supply stations and access trails. Black Tusk plans to conduct this upcoming drill program in the Summer 2020 exploration season.

About Black Tusk Resources Inc.

Black Tusk Resources is a gold-focused Canadian exploration company with operations primarily based in the world-class Abitibi greenstone belt region of Quebec. Black Tusk currently holds 100-per-cent ownership in five separate gold and palladium projects in Canada.

On behalf of the Board of Directors

Richard Penn
CEO
(778) 384-8923

Cautionary Statement

This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Company's Prospectus dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: Black Tusk Resources Inc.

ReleaseID: 591537

SAN FRANCISCO, CA / ACCESSWIRE / May 27, 2020 / Hagens Berman urges investors in VMware, Inc. (NYSE:VMW) who have suffered losses in excess of $100,000 to submit their losses now. The June 1, 2020 lead plaintiff deadline in a securities fraud class action that has been filed against the company and senior executives is fast approaching.

Class Period: Mar. 30, 2019 – Feb. 27, 2020

Lead Plaintiff Deadline: June 1, 2020

Visit: www.hbsslaw.com/investor-fraud/VMW

Contact An Attorney Now: VMW@hbsslaw.com

844-916-0895

VMware, Inc. (VMW) Securities Class Action:

The Complaint alleges that Defendants made materially false and misleading statements regarding the Company's financial performance. Specifically, the Complaint alleges that Defendants falsely represented and concealed that: (i) VMware's reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (ii) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times

The Complaint alleges that the truth emerged on Feb. 27, 2020, when after the market closed, the Company announced disappointing Q4 results and disclosed that in Dec. 2019 the SEC requested documents and information related to VMware's backlog and associated accounting and disclosures. Significantly, on the Q4 2019 earnings call, VMware disclosed that its total backlog was only $18 million, down massively from $449 million in the year-ago quarter. This news sent the price of VMware shares sharply lower the next day.

"We're focused on investors' losses and whether VMware may have manipulated its backlog metric," said Reed Kathrein, the Hagens Berman partner leading the investigation.

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

Whistleblowers: Persons with non-public information regarding VMware 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 VMW@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: 591549