Monthly Archives: April 2020

American Portfolios’ New Business Development Team Launches Virtual 2020 Connections Tour

HOLBROOK, NY / ACCESSWIRE / April 28, 2020 / American Portfolios Financial Services, Inc. (AP)-a privately-held, independent broker/dealer which provides business solutions and support to financial advisors throughout the country-recently launched its Virtual 2020 Connections Tour, a weekly series of Web-hosted events featuring prominent leaders from within the financial services industry.

"Despite the many changes that coronavirus (COVID-19) has brought about, AP resolved to assure its valued family of affiliated investment professionals that it remains steadfast in its commitment to offer the same-if not, even better-quality and level of service they have come to expect over the years," states Vice President of New Business Development and Advisor Relations David Molter. "Upholding social distancing guidelines in response to the COVID-19 pandemic, we cancelled our in-person events and put together a robust weekly meeting schedule, providing affiliated colleagues with a wide array of value-added virtual presentations."

Deemed an essential business by the Department of Homeland Security, AP took swift measures to ensure the safety of its staff and affiliated colleagues, while also ensuring that broker/dealer operations continued to function normally, albeit in a remote working environment. While AP has heretofore held many successful in-person Connections Tours in the past, the firm is already receiving positive and enthusiastic feedback for its transition to a virtual tour. Webinars are held daily, Monday through Friday, hosted by AP's new business development team and supported by key staff, with appearances by the firm's valuable focus partners and fellow investment professionals, including members of the American Portfolios Advisor Council (APAC) peer advocacy group.

Featuring topics that are most relevant to financial advisors and their businesses presently and moving forward, the weekly webinars included in the Virtual 2020 Connections Tour comprise: 1) the business continuity webinar covering topics around the state of the firm and markets during the COVID-19 pandemic, what resources are in place to ensure operational functionality and service quality within the firm and the branches of investment professionals, and other items in response to incoming information and feedback; 2) the sales ideas webinar, featuring Vice President of National Sales Ken Aulbach, along with valued focus partners, who engage in discussions on the markets, sales ideas and products; 3) the technology trainings webinar, featuring Director of Practice Management Corey Brodsky and other home office staff, which touches upon technology offerings that help advisors stay efficient while working remotely; 4) the practice management webinar-also with featured speaker Brodsky and business partners-providing updates on industry changes, marketing ideas and other practice management tools; and the APAC peer-to-peer webinar providing an interactive exchange among fellow AP colleagues around what they are doing to stay operational and efficient, with information relevant to specific practices ranging from sole proprietors, teams/ensembles and alliances to multi-generational structures and partnerships.

About Us

Headquartered in Holbrook, N.Y., American Portfolios Financial Services, Inc. (APFS) is a full-service, independent broker/dealer and member firm of FINRA and SIPC, offering a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products and tax-free investing. Fee-based asset management is offered through its sister subsidiary, American Portfolios Advisors, Inc., (APA), an SEC Registered Investment Advisor. Both entities, along with technology entity American Portfolios Advisory Solutions, LLC, collectively reside under the legal entity American Portfolios Holdings, Inc. (APH). Full-service securities brokerage is available through a clearing firm relationship with Pershing, LLC, a BNY Mellon firm, the securities of which are held on a fully disclosed basis. The company currently supports 839 independent investment professionals-inclusive of registered assistants, along with non-registered associates, located in 394 branch locations throughout the nation. It was named Broker-Dealer of the Year* (Division III) by Investment Advisor magazine for five consecutive years (2015-2019); a wealthmanagement.com 2019 Industry Award Finalist in the category of Enhanced Customer Service Support**; one of the Best Companies to Work for in the state of New York for five consecutive years (2016-2020) by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG); and one of the Top Long Island Workplaces for 2018 and 2019 by Newsday.

* Based on a poll of registered representatives conducted by Investment Advisor magazine. Broker/dealers rated highest by their representatives are awarded "Broker/Dealer (B/D) of the Year."

** Wealthmanagement.com Industry Award finalists are selected by a panel of independent judges made up of subject matter experts in the industry. Award is based on support provided to AP's affiliated people and does not reflect public customers nor their account performance.

Contacts

 
Melissa Grappone
4250 VETERANS MEMORIAL HWY. | SUITE 420E HOLBROOK, N.Y. 11741

VP of Mktg. & Corp. Comm.
Work: 631.439.4600, ext. 108

mgrappone@americanportfolios.com
 

SOURCE: American Portfolios Financial Services, Inc.

ReleaseID: 587382

CLASS ACTION UPDATE for WWE, LBRT and I: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / April 28, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

WWE Shareholders Click Here: https://www.zlk.com/pslra-1/world-wrestling-entertainment-inc-loss-form?prid=6233&wire=1
LBRT Shareholders Click Here: https://www.zlk.com/pslra-1/liberty-oilfield-services-inc-loss-form?prid=6233&wire=1
I Shareholders Click Here: https://www.zlk.com/pslra-1/intelsat-s-a-loss-form?prid=6233&wire=1

* ADDITIONAL INFORMATION BELOW *

World Wrestling Entertainment, Inc. (NYSE:WWE)

WWE Lawsuit on behalf of: investors who purchased February 7, 2019 – February 5, 2020
Lead Plaintiff Deadline : May 5, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/world-wrestling-entertainment-inc-loss-form?prid=6233&wire=1

According to the filed complaint, during the class period, World Wrestling Entertainment, Inc. made materially false and/or misleading statements and/or failed to disclose that: Defendants perpetrated a fraudulent scheme which: (i) deceived the investing public regarding WWE's business and prospects; (ii) artificially inflated the price of WWE Class A common stock; (iii) permitted certain senior executives of WWE to sell more than $282 million worth of their personally held shares at fraud inflated prices; and (iv) caused the public to purchase WWE Class A common stock at artificially inflated prices.

Liberty Oilfield Services, Inc. (NYSE:LBRT)

LBRT Lawsuit on behalf of: investors who purchased securities pursuant and/or traceable to the documents issued in connection with the Company's January 2018 initial public offering.
Lead Plaintiff Deadline : June 2, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/liberty-oilfield-services-inc-loss-form?prid=6233&wire=1

According to the filed complaint, (1) there was an oversupply in the hydraulic fracturing services market; (2) the Company's pricing power was weak; (3) Liberty's services were not increasing and its competition was not decreasing; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Intelsat S.A. (NYSE:I)

I Lawsuit on behalf of: investors who purchased November 5, 2019 – November 18, 2019
Lead Plaintiff Deadline : June 8, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/intelsat-s-a-loss-form?prid=6233&wire=1

The complaint filed against BC Partners, its individual partners and directors of Intelsat Raymond Svider and Justice Bateman, and Silver Lake Group, L.L.C. (and its related entities) alleges that throughout the class period, defendants made false and misleading statements to the market. Specifically, the complaint alleges that Silver Lake and its fellow defendants violated the Exchange Act by selling a block of Intelsat's shares while holding material non-public information, including the fact that the Company had met with the Federal Communications Commission (the "FCC") on November 5, 2019 to discussed the sale of spectrum controlled by Intelsat for future "5G" use (the "C-Band"). The FCC opposed Intelsat's proposal for a private sale of the C-Band, preferring a public auction. The FCC announced a public auction of the C-Band on November 18, 2019, contrary to Intelsat's wishes, its stock dropped 40%.

You have until the lead plaintiff deadlines 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.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 587386

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of MESA, GOSS and BIDU

NEW YORK, NY / ACCESSWIRE / April 28, 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.

Mesa Air Group Incorporated (NASDAQ:MESA)

Investors Affected : shares pursuant and/or traceable to the documents issued in connection with Mesa Air Group's August 2018 initial public offering.

A class action has commenced on behalf of certain shareholders in Mesa Air Group Incorporated. The filed complaint alleges that defendants 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/mesa-air-group-incorporated-loss-submission-form/?id=6232&from=1

Gossamer Bio, Inc. (NASDAQ:GOSS)

Investors Affected : common stock between February 8, 2019 and December 13, 2019 and/or who acquired Gossamer shares pursuant or traceable to Gossamer's documents issued in connection with its February 8, 2019 initial public offering.

A class action has commenced on behalf of certain shareholders in Gossamer Bio, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose: (1) the reasons for Gossamer's GB001 trial failures; (2) the purported clinical validation of Novartis' oral DP2 antagonist; and (3) that, as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/gossamer-bio-inc-loss-submission-form/?id=6232&from=1

Baidu, Inc. (NASDAQ:BIDU)

Investors Affected : March 16, 2019 – April 7, 2020

A class action has commenced on behalf of certain shareholders in Baidu, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/baidu-inc-loss-submission-form/?id=6232&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: 587385

CNexchange enables billions of dollars’ worth liquidity for users by joining hands with Koinfox broker protocol

ST. JULIANS, MALTA / ACCESSWIRE / April 28, 2020 / CNexchange enters into an agreement with Koinfox, an Australian based start-up to enhance the trading experience for the users. This relationship stands to be the one that will benefit the users of CNexchange in multiple ways. The CNexchange team has joined hands with Koinfox prior to the launch of CNexchange, which is scheduled for May 2020. This new partnership will ensure that the users can avail benefits from various advanced features offered by Koinfox's broker protocol from the very beginning. Further, to the advanced features, this relationship will bring a chance to CNexchange's users to get their hands on billions of dollars of liquidity and many more unique offerings.

Via this new relationship, CNexchange will now get access to Binance's liquidity and security, as Koinfox stands to be the official broker of Binance in the industry. CNexchange's users will enjoy deep order books of Binance that will make the exchange highly liquid and competitive to any Tier I exchange in the industry. As on 28th April 2020, Binance has a trading volume of $4,833,491,399. CNexchnage will benefit from the huge pool of liquidity that Binance offers to its consumers, as liquidity is an offering not many Exchanges offer.

CNexchange, a Project by QuickX Team and its Founders Dr. Vaibhav Adhlakha and Dr. Kshitij Adhlakha since its inception has been in news. A Community Centric Exchange, which operates on the basics of transparency, security, and distributed revenue. Koinfox is a well-established name in the industry, whose major aim is to solve various challenges faced by businesses in the industry via it's newly launched broker protocol, which is going to be utilized in this case by CNexchange. Liquidity, security, advanced order types, and features are some of the key highlighted offerings of this protocol in addition to others, which will be integrated into CNexchange in the future.

This engagement will enable the users of CNexchange to trade while using the most progressive features available worldwide. Trading in cryptocurrencies is one aspect and trading in cryptocurrencies with advanced features is another. The QuickX Team and the Founders have always come up with the most revolutionizing and path-breaking ideas, moving away from the monotony of general established business practices. Koinfox also believes in coming up with new and modern ways of trading cryptocurrencies via features that not many people can even think of.

CEO-Founder, QuickX Dr. Vaibhav Adhlakha quoted on association with Koinfox; "The aim is to ensure that our users have the best trading experience. The focus via this relationship is not only on the Retail Traders but also on Portfolio Managers, which is a perspective most industry players ignore. Both CNexchange and Koinfox will ensure that everyone benefits from this coming together of ours equally."

CNexchange is a Community Centric Exchange that will enable a user to operate on multiple Exchanges via one single platform. The Exchange allows the user to buy and/or sell cryptocurrencies via Credit Card and also transfer the available funds to their Bank Accounts at any time they wish to. CNexchange takes extreme pride in being an exchange of the community, by the community and for the community. This statement stands validated by the unique Exchange Partner Program that the company offers, wherein 50% of the revenue earned will be distributed to the community.

Koinfox has come up with multiple advanced features as part of its broker protocol since it started its operations like buying and selling cryptocurrencies at a specific price and to be able to exit the trade as per the price limit and many more such advanced features. Together CNexchange and Koinfox are striving to bring about positive changes in the trading of cryptocurrencies with these progressive and advanced trading methods by integrating this protocol into CNexchange. That sounds like a path-breaking idea and many more such innovative ideas are on its way for the users to make most out of.

About the Company:

CNexchange

CNexchange is a Community Centric Exchange, that operates primarily on the principles of transparency and security. The Platform, through its entire belief system and operations, strives to be the cryptocurrency exchange of the community, by the community, and for the community. The goal is to develop a trusted and secure Exchange, where the community gets to avail of the benefits as well. CNexchange is a project by the QuickX Team, who's responsible for bringing about major changes in the arena of cryptocurrency.

For more brief and information, you can click on the link to go through the website:
https://www.cnexchange.io/

Contact:
QuickX LTD
Support@quickx.io

SOURCE: Quickx

ReleaseID: 587380

NuView Trust Company Announces Virtual Alternative Investment Summit

ORLANDO, FL / ACCESSWIRE / April 28, 2020 / NuView Trust Company will be hosting their inaugural Virtual Alternative Investment Summit on May 7, 2020. The daylong event kicks off at 11:00 a.m. with a brief introduction from NuView Vice President, Jason DeBono, immediately followed by presentations from a stellar list of industry experts discussing investment topics, including single-family and multifamily real estate, notes, precious metals, mobile home parks, and more. After each presentation, NuView is giving event attendees the option to opt-in for a separate Q&A segment, where each speaker will answer individuals directly.

"Unfortunately, the average investor is at a real fork in the road on what to do with any investable funds they have available to them," says Jason DeBono. "One path is to try and time the stock market or dollar cost average some of the existing positions you currently own. The other path is to potentially liquidate your stock holdings and identify other markets that may not be as volatile or impacted by a slowdown in the economy. Both options are a challenge given no investor today has Pandemic experience to know how the economy will respond as we navigate forward. To help investors make as informed a decision as possible, we decided to put together a Virtual Summit and bring in a slate of experienced investors from a vast array of investment categories to educate investors on how to invest beyond Wall Street."

The NuView team understands that planning for a successful retirement can be an intimidating task. While many people have given into the wavering outcomes of the stock market, others choose to take more control of their retirement funds, by investing in what they know best. Hosting the Virtual Alternative Investment Summit is NuView's way of expanding the education surrounding self-direction and portfolio diversification. The event will include representatives from Renters Warehouse, Tuscan Gardens Capital Partners, American Gold Exchange, Aspen Funds, Parking Your Investments, MWM Fund, and many more! This is a great opportunity to gain a better understanding of the unique investing options offered through self-directed IRAs.

For more information about the event, visit the summit's website.

About NuView Trust

NuView Trust Company is an IRS regulated custodian for self-directed alternative investments, primarily held in IRA and other retirement accounts. With more than 17 years of industry experience, NuView Trust continues to provide their clients with the broadest possible choices in their IRAs. While other custodians tend to reject non-traditional investments, NuView's administrative platform was designed with alternatives in mind.

Contact Information:
NuView Trust Company
Grace Nelson
407.708.1851
marketing@nuviewira.com

SOURCE: NuView Trust

ReleaseID: 587376

CLASS ACTION UPDATE for DOYU, VMW and GSX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / April 28, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

DOYU Shareholders Click Here: https://www.zlk.com/pslra-1/douyu-international-holdings-limited-loss-form?prid=6231&wire=1
VMW Shareholders Click Here: https://www.zlk.com/pslra-1/vmware-inc-loss-form?prid=6231&wire=1
GSX Shareholders Click Here: https://www.zlk.com/pslra-1/gsx-techedu-inc-loss-form?prid=6231&wire=1

* ADDITIONAL INFORMATION BELOW *

DouYu International Holdings Limited (NASDAQ:DOYU)

DOYU Lawsuit on behalf of: investors who purchased stock in the initial public offering pursuant and/or traceable to the documents used by defendants to conduct the initial public offering.
Lead Plaintiff Deadline : May 26, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/douyu-international-holdings-limited-loss-form?prid=6231&wire=1

According to the filed complaint, as of the initial public offering: (i) DouYu's risks related to its top streamers had materialized, including that: (a) a top streamer was actively misrepresenting herself on DouYu's platform;and (b) costs associated with retaining top streamers was swelling; (ii) DouYu did not ensure that all of its products were fully compliant with current regulatory requirements before those products became available online; and (iii) key interactive features of DouYu's "lucky draw"were non-compliant with current regulatory requirements.

VMware, Inc. (NYSE: VMW)

VMW Lawsuit on behalf of: investors who purchased March 30, 2019 – February 27, 2020
Lead Plaintiff Deadline : June 1, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/vmware-inc-loss-form?prid=6231&wire=1

According to the filed complaint, during the class period, VMware, Inc. made materially false and/or misleading statements and/or failed to disclose 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.

GSX Techedu Inc. (NYSE: GSX)

GSX Lawsuit on behalf of: investors who purchased June 6, 2019 – April 13, 2020
Lead Plaintiff Deadline : June 16, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/gsx-techedu-inc-loss-form?prid=6231&wire=1

According to the filed complaint, during the class period, GSX Techedu Inc. 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.

You have until the lead plaintiff deadlines 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.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 587379

CLASS ACTION UPDATE for ALGN, HAFC and SERV: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / April 28, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

ALGN Shareholders Click Here: https://www.zlk.com/pslra-1/align-technology-inc-loss-form-2?prid=6229&wire=1
HAFC Shareholders Click Here: https://www.zlk.com/pslra-1/hanmi-financial-corporation-loss-form?prid=6229&wire=1
SERV Shareholders Click Here: https://www.zlk.com/pslra-1/servicemaster-global-holdings-inc-loss-form?prid=6229&wire=1

* ADDITIONAL INFORMATION BELOW *

Align Technology, Inc. (NASDAQ:ALGN)

ALGN Lawsuit on behalf of: investors who purchased April 24, 2019 – July 24, 2019
Lead Plaintiff Deadline : May 1, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/align-technology-inc-loss-form-2?prid=6229&wire=1

According to the filed complaint, during the class period, Align Technology, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Align was then experiencing a significant decline in demand for its products in the important Chinese market; (b) Chinese consumer sentiment towards the Company was deteriorating; and (c) as a result of the foregoing, Defendants' positive statements about Align and its businesses were lacking in a reasonable basis.

Hanmi Financial Corporation (NASDAQ:HAFC)

HAFC Lawsuit on behalf of: investors who purchased August 12, 2019 – January 28, 2020
Lead Plaintiff Deadline : May 26, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/hanmi-financial-corporation-loss-form?prid=6229&wire=1

According to the filed complaint, during the class period, Hanmi Financial Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the $40.7 million troubled loan that the Company disclosed on conference calls would necessitate further and future specific provisions for the Company – in the millions; (2) the same $40.7 million troubled loan would necessitate the Company to appraise and take personal property securing a portion of the amount of the loan; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

Servicemaster Global Holdings, Inc. (NYSE:SERV)

SERV Lawsuit on behalf of: investors who purchased February 26, 2019 – November 4, 2019
Lead Plaintiff Deadline : June 9, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/servicemaster-global-holdings-inc-loss-form?prid=6229&wire=1

According to the filed complaint, during the class period, Servicemaster Global Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) ServiceMaster had failed to properly inspect and treat for Formosan termite activity; (b) as a result thereof, the Company was and continued to experience a material adverse trend of costly litigation from injured customers which was not disclosed to investors; (c) in an unsuccessful attempt to mitigate this trend, Defendants had been taking remedial measures since at least 2018, including drastically raising prices for termite treatments in Mobile, Alabama to deter contract renewals; and (d) as a result of the foregoing, ServiceMaster's financial results were reasonably likely to be impacted, and would continue to impact the Company into 2020.

You have until the lead plaintiff deadlines 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.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 587374

Phoenix Solutions Announces Partnership with AiME

The Partnership Will Set New Technology Standards for Insurance Claim Compliance and Automated Job Management

CANTON, OH / ACCESSWIRE / April 28, 2020 / Phoenix Solutions, a leading provider of technology-enabled solutions for commercial property insurance claims and incident management, officially announced today its Strategic Partnership with Canadian based Artificial Intelligence Company, AiME. AiME and Phoenix Solutions formally inked the agreement to integrate AiME's AI Estimate Review and Compliance Management Software into the PHX Restore Job Management Platform.

AiME instantly reviews restoration contractor estimates to comment, advise, educate on industry protocols and trade-specific best practices essential to finalizing a fair and accurate estimate – complete, compliant, and commensurate with the work required to complete the job.

"Our team at Phoenix Solutions is always looking to partner and create solutions with other technology-enabled companies such as AiME. AiME brings a very unique technology that allows contractors to understand better how to write a fair and complete estimate for all parties involved in an insurance claim. With our partnership, our contractors will be able to access AiME's technology directly within our Restore Platform. Our partnership helps brings us a step closer to becoming the new technology standard utilized by emergency service contractors," said Raymond Bertka, Chief Executive Officer and Co-Founder of Phoenix.

Phoenix and AiME plan to immediately begin the integration, and look to have the integration complete and available to the Phoenix's contractor user-base starting May 18, 2020.

Vice President and Founder of AiME, Chris Tilkov, stated, "We are thrilled to partner with Phoenix Solutions to create seamless access to AiME's instant estimate review through their innovative PHX Restore Job Management Platform. Building on Phoenix's reputation for automation and transparency, we're excited to team-up to bring the Phoenix's contractor user-base an integrated one-touch access point to expert estimating resources to assist in completing consistent, fair, and intelligent estimates, faster."

About AiME:

The estimate review insurtech company, AiME, instantly interprets PDF estimates with the purpose of providing consistent, fair, and intelligent responses to augment the ability to write and review insurance estimates for homes and businesses, thus increasing accuracy and improving estimate review times. For more information, please visit https://www.askaime.com/.

About Phoenix Solutions:

Phoenix Solutions is a rising star in the commercial property restoration and mitigation industry. Located in Canton, Ohio, its software is utilized by 600 contractor locations and growing and serves as the technology backbone for the DKI Commercial Solutions. Phoenix's primary goal is to make this industry and its users more efficient through its technology products PHX Restore Job Management Platform, Blockchain Solution Feather, and Daily Sheets. For more information, please visit https://www.phoenixsolutions.io/.

Phoenix Solutions
555 Market Ave North, Suite 200
Canton, OH 44702

Contact:

Raymond Bertka
Ray@phoenixsolutions.io
330-316-2498

SOURCE: Phoenix Solutions

ReleaseID: 587362

James Feldkamp Helps Readers Understand Details of Recent Stimulus Bill

James Feldkamp explains the details of the stimulus bill in response to COVID-19 and helps readers understand what it means for them.

ARLINGTON, VA / ACCESSWIRE / April 28, 2020 / Having worked for the government for years, James Feldkamp is able to share his professional insight on political topics with readers to increase their understanding and awareness of essential subjects. Below, he explains what the recent COVID-19 stimulus checks mean for most citizens.

"The government is stepping in to help keep our economy afloat and to provide a little financial relief to our citizens through a massive stimulus bill enacted by the president earlier last month," says James Feldkamp.

The stimulus bill is the most tremendous in modern history totaling $2 trillion and providing support to citizens, businesses, and corporations in all 50 states. James Feldkamp tells us that many people don't really understand where the money is going, how it will directly affect their lives, and when they can expect a check.

"Families and individuals will receive a direct payment into their bank accounts soon or else get a check in the mail totaling their portion of the stimulus," says James Feldkamp. "Individuals and couples are allowed to receive support of up to $1,200, and families with children are eligible for an additional $500 per child."

However, this isn't the case for all citizens. If you earn more than $75,000 annually, you will likely receive a smaller portion of the stimulus as the total is adjusted to the amount each person makes (based on income taxes from previous years). Individuals who make over $99,000 annually won't receive any portion of the check.

"The question on many people's minds is when exactly they can expect their stimulus money to come in," says James Feldkamp. "There hasn't been a certain date set for the release of funds to citizens, but it's anticipated that they will take at least a few more weeks. People can expect their checks or deposits to show up hopefully sometime later this month if current projections stay on track."

In addition to this money, unemployment benefits have also been amped up during this time to provide much needed relief. People who are out of work may be entitled to receive up to an additional $600 a week. The timing for this relief is expected to mirror stimulus checks, with people hopefully receiving their funds by the end of April.

"Billions of dollars in small business loans have also been made available through the stimulus bill, which will help sustain many from going under," says James Feldkamp. "All in all, while people may argue over the amount of the bill or the timing it takes to dish out funds, help is on its way and should be available within a few short weeks."

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 587375

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of WWE, I and BBBY

NEW YORK, NY / ACCESSWIRE / April 28, 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.

World Wrestling Entertainment, Inc. (NYSE:WWE)

Investors Affected : February 7, 2019 – February 5, 2020

A class action has commenced on behalf of certain shareholders in World Wrestling Entertainment, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: Defendants perpetrated a fraudulent scheme which: (i) deceived the investing public regarding WWE's business and prospects; (ii) artificially inflated the price of WWE Class A common stock; (iii) permitted certain senior executives of WWE to sell more than $282 million worth of their personally held shares at fraud inflated prices; and (iv) caused the public to purchase WWE Class A common stock at artificially inflated prices.

Shareholders may find more information at https://securitiesclasslaw.com/securities/world-wrestling-entertainment-inc-loss-submission-form/?id=6228&from=1

Intelsat S.A. (NYSE:I)

Investors Affected : November 5, 2019 – November 18, 2019

A class action has commenced on behalf of certain shareholders in Intelsat SA. The complaint filed against BC Partners, its individual partners and directors of Intelsat Raymond Svider and Justice Bateman, and Silver Lake Group, L.L.C. (and its related entities) alleges that throughout the class period, defendants made false and misleading statements to the market. Specifically, the complaint alleges that Silver Lake and its fellow defendants violated the Exchange Act by selling a block of Intelsat's shares while holding material non-public information, including the fact that the Company had met with the Federal Communications Commission (the "FCC") on November 5, 2019 to discussed the sale of spectrum controlled by Intelsat for future "5G" use (the "C-Band"). The FCC opposed Intelsat's proposal for a private sale of the C-Band, preferring a public auction. The FCC announced a public auction of the C-Band on November 18, 2019, contrary to Intelsat's wishes, its stock dropped 40%.

Shareholders may find more information at https://securitiesclasslaw.com/securities/intelsat-s-a-loss-submission-form/?id=6228&from=1

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=6228&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: 587370