Monthly Archives: September 2019

The True Victims of Amazon Rainforest Devastation in Brazil

The True Victims of Amazon Rainforest Devastation in Brazil

OTTAWA, ON / ACCESSWIRE / September 30, 2019 / The urgent need to ensure the environmental protection of the Amazon rainforest and the safeguarding of the rights of Indigenous peoples in Brazil has once again come under scrutiny by the international community.

On 27 September 2019, the Inter-American Commission on Human Rights convened a high-level hearing on this pressing matter at its headquarters in Washington DC. Various civil society representatives speaking before the Inter-American Commission expressed environmental and human rights concerns in connection to the devastation of the rainforest in Brazil (watch the full hearing here – link to come).

Brazilian Indigenous human rights defender, Luiz Henrique Eloy Amado, of the Coordination of Indigenous Organizations of the Brazilian Amazon, with whom Native Women's Association of Canada (NWAC) President Lorraine Whitman and CEO Lynne Groulx had met in Washington DC earlier the same week. President Lorraine Whitman spoke at the meeting describing the environmental tragedy unfolding in Brazil.

NWAC President Lorraine Whitman also commented on the deplorable state of affairs in Brazil, "The extreme environmental havoc currently being wreaked in Brazil, its highly ruinous impact on the lives of Indigenous women and girls, and the seemingly startling indifference of the Brazilian Government is astounding.

The Brazilian Government is failing in its duty to Indigenous peoples by not putting an end to illegal forest burning, logging and mining practices. Some might say that the Government is turning a convenient blind-eye to these illegal transgressions, while actively undermining existing legal protections."

She continued: "Indigenous women, girls and their wider communities are already among the most impoverished and marginalized peoples in Brazil. The on-going, wholesale environmental vandalism will only push them further into more extreme forms of poverty, social exclusion and suffering."

"The dire impact of the destruction of the Amazon rainforest on the climate is incalculable, for reasons which need not be restated", she added.

Lorraine Whitman also underscored that NWAC wholeheartedly endorsed the findings of leading UN human rights expert Professor Philip Alston, who, in a scathingly critical report from June this year, stated in no uncertain terms that:

"Climate change will have devastating consequences for people in poverty. Even under the best-case scenario, hundreds of millions will face food insecurity, forced migration, disease, and death. Climate change threatens the future of human rights and risks undoing the last fifty years of progress in development, global health, and poverty reduction."[1]

If the current assault on the Amazon rainforest continues undiminished in Brazil, Indigenous women and girls will be among its first and most enduring victims, stated the NWAC President.

In this regard she also drew attention to the importance of the American Declaration on the Rights of Indigenous Peoples, an influential regional human rights instrument adopted by the member states of the Organization of American States in 2016.

The American Declaration explicitly states that Indigenous peoples have the right to protection of a healthy environment. The Declaration also makes it clear that Indigenous women and girls have the right to peace and security. The unremitting environmental destruction of the Amazon rainforest is a serious breach of fundamental human rights[2] of Indigenous peoples.

NWAC echoes the appeals of its Brazilian Indigenous human rights colleagues appearing before the Inter-American Commission on Human Rights in Washington on 27 September.

"The Brazilian Government should take all urgent measures to bring to an immediate end the current ruin of the Amazon rainforest and at the highest political level rekindle its political commitment to respecting the human rights of Indigenous peoples", stated the NWAC President.


Media Inquiries:

Sherri Moore-Arbour
Director, Public Affairs

[1] Climate change and poverty – Report of the Special Rapporteur on extreme poverty and human rights (UN Doc. A/HRC/41/39, 25 June 2019), Summary.

[2] American Declaration on the Rights of Indigenous Peoples (AG/Res.2888, XLVI-0/16), adopted 15 June 2016 – Articles 19 and 30.

SOURCE: Native Women's Association of Canada

ReleaseID: 561479

International Cannabrands Announces Changes to The Board and Management

DENVER, CO / ACCESSWIRE / September 30, 2019 / International Cannabrands Inc. (CSE:JUJU)(OTC:GEATF) (the "Company") announced the resignations of Antonio Ruggeri and Bryce Berryessa from the board of directors for International Cannabrands, and the resignation of Travis Belcher as both a director and as head of the Company's JuJu Royal Brand. The Company would like to thank these three directors for their service and for clearing the way for new strategic directors to join the board.

Mr. Mark Scott was appointed to the board of directors to fill one of the vacancies. Mr. Scott is the Chief Financial Officer of the Company. Mr. Scott was a consultant to the Company since December 1, 2016 and was appointed Chief Financial Officer on June 1, 2017, prior to the Company's reverse take-over and listing on the Canadian Securities Exchange.

Mr. Scott has spent over 40 years in the financial and accounting services sector, primarily as a Chief Financial Officer for microcap public and private companies. Mr. Scott is an experienced Director and Audit Committee Chairman for public companies. Mr. Scott has significant financial, capital market and relations experience and is a certified public accountant and received a Bachelor of Arts in Accounting from the University of Washington.

Steve Gormley, CEO of International Cannabrands said, "I want to personally thank Tony, Travis and Bryce for their service on the board. Tony and Travis were legacy directors. The board is currently reviewing a short list of potential strategic, value added directors to join the board who will strengthen the Company's new initiatives in CBD and elsewhere. We are excited about the new direction the Company is taking." Steve Gormley also said, "Mark Scott is one of the best CFOs I've ever had the privilege to work with. Mark brings an expertise in financing and accounting to the board and will help the Company become an earnings driven enterprise."

In addition, in light of the Company's current shift and re-focus to CBD, the Company wishes to announce that it has decided not to move forward with the Albert Einstone's investment at this time (see press release dated August 8, 2019). All resources will be streamlined in the short term to accommodate the new focus of the Company.

International Cannabrands Contact:

Steve Gormley Chief Executive Officer 1045 Lincoln Street, #106 Denver, Colorado 80203 Ph: (323) 828-4321 or Media Inquiries:


Disclaimer concerning Forward-looking Statements

Certain statements included herein constitute "forward-looking statements" relating to the timing and execution of the Company's revised strategy, within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Additional risks and uncertainties regarding the Company are described in its publicly-available disclosure documents filed by the Company on SEDAR ( The forward-looking statements contained in this news release represent the Company's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.

SOURCE: International Cannabrands Inc.

ReleaseID: 561438

Carpet and Rug Cleaning Fayetteville NC has new changes in management

Carpet and Rug Cleaning Fayetteville NC, a North Carolina based cleaning services provider, announced they have changed their management, in attempt towards improving their service.

Fayetteville, United States – September 30, 2019 /PressCable/

Carpet and Rug Cleaning Fayetteville NC, a North Carolina based cleaning services provider, has announced that they have changed their management, in their attempt towards improving their service delivery of cleaning carpets. Carpet and Rug Cleaning Fayetteville has hired Mark Ray to restructure many of the internal systems in order better serve the local Fayetteville NC Community.

“This step has completed the new management plan that we announced a few months ago.” Said the new manager Mark Ray of Carpet and Rug Cleaning company. Mark is very excited about the new plans set by our new management team, as they will propel Carpet and Rug Cleaning services to a new level of success. Carpet Cleaning Fayetteville NC

Together with the new managing director, the company has also introduced a new management and operating model. This operating model will position this company to have a stronger market presence, and also understand the current market trends and opportunities. In addition, to this, the management team will assist in creating a more effective marketing program, which including strengthening the brand name regionally.

“At the moment, there is only have one strategy—to provide environmentally friendly cleaning services, that eliminates bacteria and mold, and revitalizes your carpet fibers, which will leave your carpet feeling like new,” says one of the members of the new management team. “Our new business model will allow us to search and pursue new growth and business opportunities in a manner that will assist us to attract more customers.”

Currently, Carpet and Rug Cleaning Fayetteville NC have been a reliable and efficient cleaning services company, and they have been offering their services at an affordable rate. Most of their clients have praised their cleaning solutions, and that’s the reason why the company continues to attract more clients, both domestic and commercial.

“We are very grateful for the support we have received from our clients so far, and our main key to success will remain to be commination, together will providing premium cleaning services to our clients,” says the president. Fayetteville Carpet Cleaners

Carpet and rug cleaning Fayetteville is an established cleaning services provider and has been offering high-quality cleaning services for both residential and business in North Carolina for several years now. The founder of this cleaning company realized that many companies tend to use shortcuts when trying to maintain the cleanliness of their clients. However, that’s not the case with carpet and rug cleaning services. This company ensures that it delivers excellent cleaning services for its clients while respecting their privacy.

“We always desire to give our clients their time back. That’s the reason why we don’t want our clients to spend a lot of time cleaning their premises. We just need them to enjoy life and have fun,” says the incoming head of staff. “We understand that people have become busy, more than ever, and our trained staff will go a very long way in providing the much-needed relief for people who don’t have the time to clean their homes.”

Carpet and Rug cleaning is an insured and licensed cleaning company, and this has assisted the company to earn the trust of its clients. The new management has assured both the new and existing customers that this will not change, and all their property will be safe in the hands of the company’s qualified staff.

Contact Info:
Name: Mark Ray
Email: Send Email
Organization: Carpet and Rug Cleaning Fayetteville
Address: 2500 Lockwood Rd, Fayetteville, North Carolina 28303, United States
Phone: +1-910-600-0312

Source: PressCable

Release ID: 88923799

EXMceuticals Presenting at the MjMicro Conference in Beverly Hills

LOS ANGELES, CA / ACCESSWIRE / September 30, 2019 / Inc. a wholly owned subsidiary of Social Life Network, Inc. (OTCQB:WDLF), is pleased to announce EXMceuticals as a Featured Presenter at their MjMicro Conference in Beverly Hills on October 16th at the Sofitel Hotel.

The MjMicro Conference is an invitational forum that unites publicly traded and emerging growth private cannabis companies that are led by seasoned executives, together with high net worth investors and financial analysts.

This one-day cannabis investor conference provides a rare opportunity for attendees to get real-time company updates from each of the presenting companies, and access to an assortment of well-known industry experts that will be speaking throughout the day.

During the conference Jonathan Summers, Chairman of the board from EXMceuticals Inc. (CNSX:EXM), will host a featured presentation to update investors and analysts. EXMceuticals is a cannabis wholesale company with a head office in Vancouver, British Columbia and operations in the Democractic Republic of Congo, Malawi, Portugal and Uganda. EXM also has an experienced international team that has a deep working-knowledge of agriculture and Africa.

EXM's activities are focused on the sustainable cultivation of cannabis and hemp, and the production of pharmaceutical grade, psychotropic and non-psychotropic cannabis and hemp ingredients for the pharmaceutical, therapeutical and nutraceutical industries. The company aims to offer the most secure supply chain of cannabinoid ingredients that exists in industry and export the extracted ingredients to international markets. In addition, the company wishes to enhance living conditions locally through its "buy local, hire local" policy and through local foundations.

EXM is in the process of obtaining additional licenses and establishing operations across multiple sites in Africa, including Ethiopia, Zambia and Burundi. In addition, EXM is in the processing of obtaining a license in Portugal for the establishment of a research laboratory, a nursery, and a center for processing and distribution. EXM uses the Supercritical C02 method for extraction – a chemical-free process that offers high molecule separation strength. By using this method, EXM will provide to customers a pure, natural product of superior quality.

To learn more about MjMicro Conference and request an invitation to attend, sponsor or present at the Beverly Hills conference, please visit:

About, Inc. Inc. a wholly owned subsidiary of Social Life Network, Inc. (OTCQB: WDLF), and is a cloud-based cannabis social network and digital media company based in Denver, Colorado. MjLink operates as a multinational cannabis technology and digital media organization with two separate social networks:, a consumer-to-consumer social network and, a business-to-business social network. MjLink launched its first investor conference in NYC on June 25th, 2019. The MjMicro Conference was so successful that MjLink launched their investor social network and virtual conference platform in August 2019. is used by publicly traded companies and emerging private companies to connect, present and provide news flow to accredited online cannabis investors.

For more information about Social Life Network, visit


This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. No information in this press release should be construed as any indication whatsoever of the Company's or MjLink's future financial results, revenues or stock price. There are no assurances that the Company will successfully take, Inc public as noted in previous press releases. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein

Investor Relations

SOURCE: Social Life Network, Inc.

ReleaseID: 561480

Atlas Mara Limited Announces 2019 Interim Results

Atlas Mara Limited Interim Results ‐ Six Months Ended 30 June 2019

TORTOLA / ACCESSWIRE / September 30, 2019 / Atlas Mara Limited (LSE:ATMA)("Atlas Mara" or the "Company" and, including its subsidiaries, the "Group"), the sub-Saharan African financial services group, today releases its reviewed results for the six months ended 30 June 2019.

Key highlights for the period:

Adjusted profit after tax of $17.0 million for the six months ended June 2019 (H1 2018: $13.5 million) with adjusted earnings per share of $0.10 (H1 2018 $0.08).
At 30 June 2019, book value per share was $2.96 (31 December 2018: $3.83) and tangible book value per share was $2.84 per share (31 December 2018: $3.00), primarily impacted by IFRS 5 adjustments as detailed below.
On 6 February 2019, the Group announced that the Board was undertaking a review of strategic options to determine the key strategic priorities and actions for 2019 and beyond to drive shareholder value. The Company has since made substantial progress on the key strategic priorities identified, as follows:

The Group now holds a 49.9% combined share of Union Bank of Nigeria ("UBN") compared to 49.0% at year-end 2018 and is positioned to obtain the necessary additional shares in UBN to reach a majority position, pending regulatory engagements. This reflects strong progress on our stated strategic goal of obtaining a majority shareholding in and consolidating UBN. On a pro forma basis (as at 30 June 2019), consolidation of UBN would have resulted in total assets of $7.2 billion, loans and advances of $2.4 billion and $3.4 billion in deposits. Book value per share would have increased to $3.07 and tangible book value would have decreased marginally to $2.82 per share.
Following the announcement of the proposed transaction with Equity Group Holdings ("EGH") on 30 April 2019, the Group has made substantial progress to finalise definitive agreements for the share exchange strategic transaction involving Atlas Mara's banks in Rwanda, Mozambique, Tanzania and Zambia. Confirmatory due diligence has been substantially concluded and the Group expects to announce the final terms of the transaction in due course.
Following completion of the strategic transaction with EGH, the Group will be reoriented as a streamlined holding company without significant centralised cost structures. Accordingly, the Group's holding companies will continue to be reoriented to reduce costs and focus on targeted avenues for value creation in the operating banks.

UBN has shown strong progress and is well positioned to create value for its shareholders. UBN continues to deliver improving results, as evidenced by first half return on equity at 10.3% (FY 2018: 6.4%), solid loan book expansion, and growth across all digital channels, with good business momentum continuing in the second half of the year.
UBN contributed $18.7 million (H1 2018: $17.4 million) of net income to Atlas Mara's H1 2019 results. A notable improvement has been the positive reduction in the reported NPL ratio of the bank to 7.3% at 30 June 2019 from 8.1% at 31 December 2018 due to the ongoing efforts on loan recoveries and credit risk management.
The Group's franchises in Zimbabwe and Botswana remain resilient. Management teams are focused on strategies to grow the banks and enhance shareholder value. With our strategic review well underway we will continue to explore ways to grow value while mitigating the macro economic challenges the banking sector faces on the ground in Zimbabwe.

Financial highlights during the period

On an adjusted profit basis, which excludes the impact of the IFRS 5 remeasurement loss explained below and other transaction and restructuring related gains or losses, profit after tax for the period was $17 million, an increase of 25.9% year-on-year (H1 2018: $13.5 million).
As a result of the announcement of the strategic transaction with EGH, IFRS 5 requires the Group to reclassify the four subsidiaries included in the transaction as discontinued operations or non-current assets held for sale, which triggered the remeasurement of these assets to the lower of cost or fair value less cost to sell, resulting in a loss of $125.6 million. This remeasurement is required by IFRS 5 even though completion of the transaction has yet to occur. Primarily as a result of this remeasurement, the Group reported a net loss after tax for the first half of 2019 of $126.4 million compared to $28.6 million profit for the prior year period. The write down is primarily related to goodwill and other intangible assets allocated to the four subsidiaries.
Other highlights from continuing operations (Botswana and Zimbabwe):

Total expenses attributable to continuing operations declined by 15.9% demonstrating our focus on reducing costs and establishing a more efficient structure.
Non‐interest income (NIR) increased by 36.0% demonstrating continued strong revenues from our Markets and Treasury business.
Total loans and advances were $604.6 million at 30 June 2019, a decrease of 17.8% from $735.9 million at 30 June 2018. This decline is primarily due to the currency devaluation in Zimbabwe.
Non-performing loans (NPLs) decreased to 9.6%, illustrating the improving credit quality of the loan book for these operations.
Deposits were $684.0 million, a decrease of 31.3% from $996.5 million also as a result of the currency devaluation in Zimbabwe.

UBN's financial performance in H1 2019 improved across several key metrics compared to both the comparable period and FY 2018. Return on Equity was 10.3% for the first six months of 2019, supported by profit after tax growth and a substantial decline in NPLs.
Equity attributable to shareholders as at June 2019 was $501.0 million (December 2018: $646.8 million), reflecting the net impact of the loss associated with IFRS 5 remeasurement of assets held for sale, and the negative FX translation impact from converting our investments from local currency into US dollars as reporting currency over H1 2019, which includes the significant devaluation of the Zimbabwe dollar since December 2018.
Reflecting the above impacts, at 30 June 2019 our book value per share was $2.96 (31 December 2018: $3.83) and our tangible book value per share was $2.84 (31 December 2018: $ 3.00).

To view the announcement in full, please click on the link below:

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

SOURCE: Atlas Mara

ReleaseID: 561473

Poplar Creek Resources Inc. Announces Revocation of Cease Trade Orders

CALGARY, AB / ACCESSWIRE / September 30, 2019 / Mr. Richard Edgar, President and Chief Executive Officer of Poplar Creek Resources Inc. (the "Corporation") is pleased to announce that on September 24, 2019 the Alberta Securities Commission, British Columbia Securities Commission and Ontario Securities Commission each issued an order revoking their previously issued cease trade orders in respect of the securities of the Corporation.

The Corporation proposes to search for and acquire assets or a business. It is not specifically considering pursuing a company, asset or business in any specific business or industry sector, or in any particular geographical area, and anticipates reviewing companies, assets and businesses in a broad range of industry sectors and geographical areas.

For further information contact;

Poplar Creek Resources Inc.
Attention: Richard Edgar
Chief Executive Officer
Phone: (403) 616-5387

SOURCE: Poplar Creek Resources Inc.

ReleaseID: 561476

TradingFXVPS Brings Ultra-low Latency Forex VPS To Retail Institutional Traders

Instant support and high uptime are the most important qualities that businesses look for in a hosting provider they wish to sign up for. Singapore based hosting company is bringing an ultra-low latency service aimed at helping retail institutional traders who's relied on forex vps.

SINGAPORE / ACCESSWIRE / September 30, 2019 / Virtual private server, is the most important tool that comes in handy for all Forex traders, especially those who rely on automated services to run their trades. It is a special server that operates independently even though it is housed on one machine together with other private servers. For traders who are looking for a platform offering effective solutions that boost order execution speed, TradingFXVPS offers virtual and dedicated servers with ultra low latency connectivity and is serving trading firms, investment banks as well individual algorithmic traders.

For latency critical strategies it offers HFT Virtual and Dedicated Servers. These servers are specially designed without any negotiation, to achieve an extremely fast environment for trading applications. Servers are connected to HFT network which offers a less than 300 nanosecond routing latency. Through Hyper-V it enables the creation of true dedicated servers with full isolation between each Forex VPS allowing all trading server to gain access to pure dedicated resources.

"Our mission is to connect all traders with extremely low latency to their brokerage for the optimal trading condition. Our team not only focus on providing 24/7 excellent customer service support. We also ensure all servers are in top graded quality, secured with a multi-tier security system and establishing an undisrupted network with 99.9% uptime." explains the CEO and founder of the firm Ace Zhuo.

About The Company

TradingFXVPS is a Singapore based hosting provider founded in the year 2014 who's known for providing premier customized VPS specifically built for traders. Another significant feature is guaranteed tech specs across all regions with dedicated resources, one is guaranteed to receive exactly the same amount of CPU time and RAM as advertised. This will protect customer's Forex VPS resources from other VPS users, so the terminals and EAs will always have available resources to operate stably and efficiently. The company offers five different locations for traders to select from including New York, London, Amsterdam, Frankfurt and Chicago (CME). More details about the company's services can be found at:

Contact information:

Name: Ace Zhuo
Company: TradingFXVPS
Address: 118 ALJUNIED AVENUE 2 SINGAPORE (380118)
Phone: +6596255358


ReleaseID: 561477 Welcomes Steve Tarter as Feature Article Writer has named Steve Tarter as their new feature article writer. The move coincides with the recent update of the website to a fresher, more updated look that’s more mobile friendly.

Peoria, United States – September 30, 2019 /PressCable/ welcomes Steve Tarter, who spent 20 years writing for the Peoria Journal Star, as their new feature article writer. During the time he spent at the paper, he served in various capacities including reporter, business editor and columnist. “I really enjoy exploring the events and issues of central Illinois and am excited about the opportunities to share those articles on the newly updated website,” Tarter said. Visitors will find several articles that he has written already on the website at CEO, Amy Blain expressed confidence that Steve Tarter is ready to handle the job, saying “I immediately contacted Tarter upon realizing that he was no longer writing for the Peoria Journal Star to see if he had interest in writing for the soon to be updated and was thrilled to learn that Steve was very interested in writing for my Peoria area website to continue to inform area residents about events, people and news about the area,” Blain said.

Among the new responsibilities Steve Tarter can expect to handle, the main challenges include writing feature articles about various events and happenings in the Peoria area. His experience as a reporter will help visitors to better understand the topics of the articles he writes and allow him to express his passion for the area.

The new addition to the website coincides with the recent update of the look of the site to a new fresher design. Visitors will find that is now more mobile friendly. In addition to the new feature articles written by Tarter, the updated events calendar features larger images so they’re more easily viewed on a mobile device as well as on a desktop computer. The weekly e-newsletter will contine to provide area residents a “reader’s digest” of what’s happening for the upcoming weekend with a description along with website links with full details is sent via email every Thursday afternoon for free. And the popular Entertainment Report videos will also continue to be featured on the site as well as in the newsletter.

Customers and current employees are invited to view the work of the new feature article writer at Explore Peoria

Contact Info:
Name: Amy Blain
Email: Send Email
Address: 403 1/2 Northeast Jefferson Street, Peoria, Illinois 61603, United States
Phone: +1-309-680-5585

Source: PressCable

Release ID: 88923795

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Farfetch Limited and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Farfetch Limited ("Farfetch" or "the Company") (NYSE:FTCH) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Farfetch reported a loss of $89.6 million for the second quarter 2019 on August 8, 2019. This larger was larger than expected by analysts. The Company also announced the acquisition of New Guards group for $675 million, and the resignation of its COO. Based on this news, shares of Farfetch fell by 44% on August 9, 2019.

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

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

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

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

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


The Schall Law Firm
Brian Schall, Esq.
Cell: 424-303-1964

SOURCE: The Schall Law Firm

ReleaseID: 561471

FINAL DEADLINE APPROACHING: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against 2U, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 2U, Inc. ("2U" or "the Company") (NASDAQ:TWOU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's shares between February 25, 2019 and July 30, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before October 7, 2019.

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

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

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

According to the Complaint, the Company made false and misleading statements to the market. 2U faced stiffening competition in the online education space, especially in the graduate program area. At the same time, the Company faced program-specific issues that hurt performance. These factors combined to make the Company's business model unsustainable, forcing it to slow program launches. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about 2U, investors suffered damages.

Join the case to recover your losses.

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

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


The Schall Law Firm
Brian Schall, Esq.,
Office: 310-301-3335
Cell: 424-303-1964

SOURCE: The Schall Law Firm

ReleaseID: 561470