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BAMKO Named Top 3 Best Place To Work In Los Angeles For Third Time in Four Years

LOS ANGELES, Cal., Aug. 09, 2021 (GLOBE NEWSWIRE) — BAMKO®, the Branded Merchandise Division of the Superior Group of Companies, Inc.™(NASDAQ: SGC), has been named the #3 Best Place To Work in Los Angeles among medium-sized companies for 2021 by the Los Angeles Business Journal. This marks the third time in four years that BAMKO has been recognized as one of the top three workplaces in Los Angeles and the fifth consecutive year that BAMKO has appeared on this list. BAMKO previously was named the #1 overall Best Place to Work in Los Angeles in both 2018 and 2020.

“It is incredibly gratifying to know that in the midst of such a challenging time, our employees continue to recognize the very special culture that we have here at BAMKO,” said BAMKO President Jake Himelstein. “We are building something different. To us, a great culture comes from the sense of purpose that people get when they get outside of their comfort zones and strive for more. It has to do with the sense of community and connection they find in a workplace where they are surrounded by others who are on their own growth journeys. We want to challenge people to envision the best version of themselves and then to go do the work to bring that vision to fruition. That’s who we are and it’s what makes BAMKO special,” said Himelstein.

This survey and awards program was designed to identify, recognize and honor the best employers in Los Angeles, benefiting the county’s economy, workforce and businesses. The list is made up of 100 companies. Companies from across the county entered the two-part survey process to determine the Best Places to Work in Los Angeles. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process in Los Angeles, analyzed the data and determined the final rankings.


About Superior Group of Companies, Inc. (SGC):


Superior Group of Companies

™, formerly Superior Uniform Group, established in 1920, is a combination of companies that help our customers unlock the power of their brands by creating extraordinary brand experiences for their employees and customers. We provide customized support for each of our divisions through our shared services model.

BAMKO

®
 is the signature promotional product and branded merchandise arm of Superior Group of Companies™. We provide unique custom branding, design, sourcing, and marketing solutions to some of the world’s most successful brands.

Visit www.BAMKO.net for more information.



Joshua White
SVP Strategic Partnerships
BAMKO
(310) 470-5859

OR

Hala Elsherbini
Senior Managing Director
Three Part Advisors
(214) 442-0016

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Walmart Skirts Tough Questions About Security Practices Before 2019 Mass Shooting in El Paso

Retailer asks Texas Supreme Court to block lawyers for victims from asking about internal security data, violent crime at other Walmart stores

PR Newswire

EL PASO, Texas, Aug. 9, 2021 /PRNewswire/ — Walmart (NYSE: WMT) has again gone to the Texas Supreme Court to avoid answering tough questions related to the mass shooting at the El Paso Cielo Vista store in 2019.

Despite rulings from an El Paso trial court and the Texas 8th Court of Appeals that the retailer should provide details about violent crime and security issues at other Walmart stores, the company’s lawyers are fighting to avoid making those details public. The legal maneuvers are in response to lawsuits filed by victims, family members and survivors of the Aug. 3, 2019, mass shooting that led to the deaths of 23 shoppers.

According to the lawsuits, Walmart created a “crime magnet,” placing profits over safety by not providing adequate private security at the Cielo Vista location. The retailer instead relied on taxpayer-funded police to respond to violent crimes after the fact at the store, which is one of the busiest in the nation.

This is the second time this year that Walmart has asked the Texas Supreme Court to overturn lower court rulings and shield it from releasing information sought by attorneys representing victims and their families. Those two appeals are pending.

“There’s a reason Walmart doesn’t want a jury to see this information,” said trial lawyer Majed Nachawati, co-founder of Dallas-based Fears Nachawati Law Firm, which represents several shooting victims and their families. “The company knows it failed to provide adequate security despite violent crime at its stores. These families – and Walmart’s loyal customers – deserve to know the truth.”

Accused gunman Patrick Crusius told police after his arrest that he traveled to El Paso and chose the Walmart because he was looking for a “soft target” for his plan to kill “Mexicans.” He reportedly told authorities that he was surprised no one challenged him when he entered the store carrying an AK-47 assault rifle.  

The case in In re Walmart Inc. & Wal-Mart Stores Tex. LLC, Tex. App., No. 08-20-00191-CV in the Supreme Court of Texas.

Fears Nachawati Law Firm represents individuals in mass-tort litigation, businesses and governmental entities in contingent litigation, and individual victims in complex personal injury litigation. The largest and most diverse products liability law firm in the nation, Fears Nachawati was ranked No. 1 nationally in products liability filings in federal court over the past three years. For more information visit https://www.fnlawfirm.com.    

Media Contact:

Robert Tharp

214-458-4007 
[email protected]

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SOURCE Fears Nachawati Law Firm

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NRx Pharmaceuticals Announces Initiation of Phase 2b Trial of BriLife™ Vaccine for Covid-19 in Nation of Georgia

-Dose-Confirmatory Trial Follows Successful Phase 2a Trial

-Preclinical and Early Human Data Indicate BriLife™ May Confer Enhanced Immunity Against Delta variant

PR Newswire

RADNOR, Pa., Aug. 9, 2021 /PRNewswire/ — NRx Pharmaceuticals (NRx) (Nasdaq: NRXP), a clinical stage, global biopharmaceutical company today announced it is initiating a phase 2b dose-confirmatory trial of the BriLife™ vaccine against COVID-19 in the Nation of Georgia.  The vaccine is developed by the Israel Institute for Biological Research (IIBR).  The trial is being conducted with oversight from the Senator Richard Lugar Center for Public Health Research. The purpose of the study is to confirm the vaccine’s ability to generate an immune response against the COVID-19 Delta variant, prior to entering phase 3 trials in multiple nations. The phase 2b program will also incorporate a potential intradermal vaccination option where a small quantity of vaccine is placed into the skin instead of a traditional needle injection into a muscle.

NRx Pharmaceuticals Announces Initiation of Phase 2b Trial of BriLife™ Vaccine for Covid-19 in Nation of Georgia

The vaccine differs from other COVID-19 vaccines by presenting the entire COVID-19 spike protein to the body’s immune system. The spike protein complex from variants may be added to the BriLife vaccine as new variants are discovered.

The BriLife™ vaccine also differs from other COVID-19 vaccine approaches in that it is a self-propagating, live-virus vaccine that may be updated to address new variants of COVID-19 more rapidly than some other vaccine platforms. The clinical trials in Georgia will take place at the same time as the completion of the second phase of clinical trials in Israel. NRx is recruiting volunteers, and expanding the second phase of clinical trials abroad, in order to increase the statistical sample and prepare the regulatory file necessary for further trials.

A spokesperson for Israel’s Minister of Defense stated today that, “IIBR will accompany the process and will continue to provide scientific knowledge in order to complete the trials.”

“We at NRx are honored to have been selected for this project and grateful for the trust placed in us by the Government of Israel, the people of Georgia, and its neighboring countries,” said Prof Jonathan Javitt, MD, MPH, CEO and Chairman of NRx. “As the Delta and subsequent variants continue to threaten the immunity generated by first-generation vaccines, we hope that this new vector-based approach may offer enhanced immunity.”


About NRx Pharmaceuticals


NRx Pharmaceuticals (www.nrxpharma.com) (NRx) draws upon more than 300 years of collective, scientific and drug-development experience to bring improved health to patients. Its investigational product, ZYESAMI™ (aviptadil) for patients with COVID-19, has been granted Fast Track designation by the US Food and Drug Administration (FDA) and is currently undergoing phase 3 trials funded by the US National Institutes of Health, the Biomedical Advanced Research and Development Authority part of the US Department of Health and Human Services, and the Medical Countermeasures program, part of the US Department of Defense. The FDA has additionally granted Breakthrough Therapy Designation, a Special Protocol Agreement, and a Biomarker Letter of Support to NRx for NRX-101, an investigational medicine to treat suicidal bipolar depression. NRX-101 is currently in Phase 3 trials, with readouts expected in 2022. In July 2021, the Government of Israel awarded NRx the exclusive worldwide right to develop and market the BriLife™ COVID vaccine developed by the Israel Institute for Biological Research.

NRx is led by executives who have held senior roles at Allergan, J&J, Lilly, Novartis, Pfizer, and the US FDA. NRx is chaired by Prof Jonathan Javitt, MD, MPH, who has held leadership roles in six biotechnology startup companies with public exits and been appointed to advisory roles in four US Presidential administrations. The NRx board includes Dr. Sherry Glied, former US Assistant Secretary for Health (ASPE), Daniel E. Troy, JD, former Chief Counsel of the US FDA, Chaim Hurvitz, former director of Teva and President of the Teva International Group, and General H.R. McMaster, Ph.D. (US Army, Ret.) the 26th United States National Security Advisor.


Cautionary Note Regarding Forward-Looking Statements

This announcement of NRx Pharmaceuticals, Inc. includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, which may include, but are not limited to, statements regarding our financial outlook, product development, business prospects, and market and industry trends and conditions, as well as the company’s strategies, plans, objectives, and goals. These forward-looking statements are based on current beliefs, expectations, estimates, forecasts, and projections of, as well as assumptions made by, and information currently available to, the company’s management.   

The company assumes no obligation to revise any forward-looking statement, whether as a result of new information, future events or otherwise.  Accordingly, you should not place reliance on any forward-looking statement, and all forward-looking statements are herein qualified by reference to the cautionary statements set forth above. 


CORPORATE CONTACT

 INVESTOR RELATIONS

John Mullaly

Jack Hirschfield

Head of External Affairs, NRx

LifeSci Advisors


[email protected]


[email protected]

512-674-5163 

617-429-3548

 

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SOURCE NRx Pharmaceuticals

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Ecobat Completes Leadership Team with Addition of New CFO

Transportation Industry vet Jamie Pierson to lead Ecobat’s finance strategy

PR Newswire

IRVING, Texas, Aug. 9, 2021 /PRNewswire/ — Ecobat, the global leader in recycling batteries, announced today the appointment of Jamie Pierson as chief financial officer.

Jamie was most recently CFO for YRC Worldwide (NASDAQ: YELL), where he was responsible for operational and financial strategy for the company.  In addition to his financial responsibilities, Jamie managed relationships with credit rating agencies, financial and industry analysts, lenders and shareholders. Jamie has over 10 years of investment banking, financial restructuring, advisory and corporate development experience including: strategic planning, M&A advisory, capital raising and business consulting services. His past experiences also include developing the acquisition and integration process for a $1.1B logistics holding company. Before YRC, Jamie worked at Alvarez & Marsal, Prime Source Building Products Inc, and Horizon Global Corporation as interim CFO. Jamie holds a BBA in Finance with a concentration in accounting and an MBA in Finance and Entrepreneurship from The University of Texas at Austin.

“Jamie has led businesses through important transformations, and he is the financial leader that’s right for Ecobat today,” said Jimmy Herring, Ecobat’s president and chief executive officer. “With his experience and expertise, Jamie will be an asset to our leadership team and help chart the future of Ecobat by turning financial insights into effective business strategies.”

This leadership appointment culminates the recent creation of a new leadership team at Ecobat. In the past twelve months, Ecobat has named five individuals to the executive team, including Jenn Congdon as chief human resources officer, Paul Harper as chief sustainability officer, Jamie Lee as chief information officer, Thea Soule as chief commercial officer and Daniel Terrell as chief legal officer. Additionally, Craig Clark, who joined the company in 2017, was also promoted to president of lead operations in the past year, rounding out the executive team.

“It is an exciting and dynamic time at Ecobat. With the recent acquisition of lithium-ion recycler Promesa and the launch of our new digital identity, this leadership team will ensure Ecobat continues to make industry-leading innovations, and we are positioning Ecobat for solid growth in the coming years as our industry adapts for the future,” added Herring.

According to the World Economic Forum, batteries, including those with lead and lithium-ion components, could provide 600 million people access to electricity, create 10 million safe and sustainable jobs and help make significant progress on the Paris Climate Accord goals.

About Ecobat
The leader in the collection, recycling, production, and distribution of energy storage resources essential to modern life.

From the batteries used in vehicles and renewable energy infrastructure to the backup power systems that support hospitals and data centers, the materials we recycle and produce are essential components in the technologies developed to meet the world’s energy storage needs. With the rising adoption of electric vehicles and the ever-increasing need for batteries, we are continually expanding our collection and recycling management services across all battery types and chemistries. It’s all part of our commitment to protecting the planet for all.

Media Contacts
Edelman for Ecobat
[email protected] 

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SOURCE Ecobat

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WISeKey Joins Forces with Menthol Protocol to Make its WISe.Art NFT Platform Climate-Positive

WISeKey
J
oins
F
orces
with Menthol Protocol
to Make its
WISe
.
Art
NFT
P
latform
C
limate-
P
ositive

Geneva, Switzerland – August 9, 2021 – WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN), a leading cyber security, IoT, and AI platform company, today announced that is collaborating with Menthol Protocol, the first decentralized automated sustainability protocol that automatically power users of dApp transactions with verified renewable energy and carbon credits, to make WISe.Art NFT platform climate-positive.

WISe.Art is the first NFT platform which due to its proprietary NFT technology, is safe (KYC & Cybersecurity), green (Carbon neutral & Menthol Protocol), smart, and provides a unique “melting pot” for traditional & crypto art, luxury good and collectible lovers.

WISeKey is a pioneer in the area of cybersecurity. For more than two decades, WISeKey has been providing its clients with object authenticity and anticounterfeiting offerings, a technology that has been applied to art, luxury goods, and collectibles, through a holistic approach in collaboration with strategic partners from the decentralized space. The marketplaces for these services will provide a spectrum of premium and standard offerings.

Against this background, WISeKey is launching its own NFT platform for creating, marketing and selling NFTs as digital twins for high end luxury collectibles and artwork. The intention is to take the ‘hot air’ out of NFTs and by linking the NFTs to actual physical art or collectibles and by attaching digital rights and creating true value for collectors, artists and brands.

“However, one major challenge of 2021 remains the climate crisis, which has to be tackled in different spheres, in the physical but also in the digital world, by reaching to the transaction world of the web3, namely the Blockchain, sphere,” said Carlos Moreira, CEO of WISeKey.

Therefore, the collaboration with Menthol Protocol is essential to ensuring WISe.Art’s NFT platform is climate-positive. Mohamed Hassan, CTO of Blok-Z, a green-tech blockchain startup, and Amir Sultan Malik Awan, CEO of Rocket Blockchain, a company focused on tech, industry and sustainability, have been building solutions to make it easy for enterprises and crypto to be climate positive. They are some of the leaders behind Menthol Protocol’s vision and have been advisors to WISeKey.

“We are excited to exchange values, strategies, and business visions with WISeKey’s team and working closely with cyber-security pioneer, Carlos Moreira and eminent AI authority, Chris Boos, while implementing innovative, interdisciplinary solutions in a growing and emerging space,” said Amir Awan.

“WISe.Art team is just as passionate with provenance and sustainability as we are, which makes them an ideal partner for Menthol Protocol. Artists, curators, and users will be able to create and trade NFTs that are provably authentic and have a positive impact on the world. Together, we are planting the seeds of a sustainability-focused ecosystem interested in decarbonizing user activities, dApps and entire blockchains,” said Mohamed Hassan.

In addition to using Menthol Protocol to sustainably power their on-chain operations, WISe.Art will issue the TrustECoin (TEC). Of note, a fixed percentage of revenues generated by each NFT transaction will be allocated and donated to fund impactful sustainability projects. WISeKey believes it is not only important to quickly take action but also to be a leader in reversing climate change and nurturing ecosystems around the world. 

In this vein, also WISe.Art partners with companies such as CO2free.com, which plans to offer and supply CO2 certificates from personal CO2 savings on a Blockchain, benefiting the ecosystem of CO2 on-chain decarbonization. Therefore, WISe.Art is supporting projects, which allow the tokenization of CO2 savings on an individual level targeting human users of digital products, to capture respective CO2 savings and aggregate, measure, incentivize and ultimately monetize positive CO2 behavior.  

“At CO2free, we measure the personal CO2 footprint with the smartphone in a scientifically sound manner by real-time-data. We also reward our app users for their active contribution to climate protection,” said CO2free.com Managing Director, Thomas Steins. “With WISe.Art and Menthol Protocol we have the perfect partners for our green blockchain to tokenize the CO2 savings of every user and rewards their global impact,” said CO2free.com founder, Alexander Emming.


Why is


WISe


.


Art


using Menthol Protocol?

The climate crisis poses an unprecedented threat to human civilization and the world’s ecosystems and the crypto world is taking notice.

Surging demand for cryptocurrencies and accelerating adoption of blockchain-based solutions have highlighted a critical issue: the technology’s growing energy consumption and its impact on our climate. That’s why WISe.Art is working collaboratively with on-chain sustainability partners to make it easy for the WISe.Art users to be 100% renewable.

However, buying on-chain green NFTs is extremely time-consuming, repetitive, and fragmented across different exchanges or networks. It’s challenging to curate a high-quality sustainability portfolio. Finding, calculating, and purchasing green tokens regularly is a hassle for users and dApp developers that want to be cool.


Putting the


WISe


.


Art


sustainability goals on autopilot with Menthol Protocol

WISe.Art future transactions are by default emission-free. Menthol Protocol automatically tracks the on-chain emissions and energy consumption and sources the highest quality green tokens from different marketplaces. 

In the near future, dApp developers will be able to make their cool projects even cooler in only a few minutes. With our no-code integration process, the only change to their users’ experience will be the warm fuzzy feeling they get from saving the world.

In collaboration WISe.Art and Menthol Protocol aim to bring positive change to the traditional and crypto world with innovative technologies and green tech. This project is a beautiful example of how innovative startups and longstanding, state-of-the-art players such as WISeKey partner to explore innovations in a Blue Market, while inviting their communities to join this exciting path.

About Blok-Z / Menthol Protocol

Blok-Z is an energy sector software provider based in Germany and Turkey. The company was founded in 2018 to help accelerate the digital transformation of the energy industry using blockchain technology. Blok-Z enables anyone to be an energy market player with access to economical, transparent and traceable green electricity. For more information visit https://www.blok-z.com/.

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:


WISeKey International Holding Ltd


Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
[email protected]
WISeKey Investor Relations (US)


Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Disclaimer:

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.



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Shareholder Alert: Ademi LLP investigates whether Golden Nugget Online Gaming, Inc. has obtained a Fair Price in its transaction with DraftKings

PR Newswire

MILWAUKEE, Aug. 9, 2021 /PRNewswire/ — Ademi LLP is investigating Golden Nugget Online Gaming (Nasdaq: GNOG) for possible breaches of fiduciary duty and other violations of law in its transaction with DraftKings.

Click here to learn how to join the action: https://www.ademilaw.com/case/golden-nugget-online-gaming-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi LLP alleges Golden Nugget Online Gaming’s financial outlook and prospects are excellent and yet Golden Nugget Online Gaming shareholders will receive only a fixed ratio of 0.365 shares of New DraftKings’ Class A Common Stock for each Common Share of Golden Nugget Online Gaming. The merger agreement unreasonably limits competing bids for Golden Nugget Online Gaming by prohibiting solicitation of further bids, and imposing a substantial penalty if Golden Nugget Online Gaming accepts a superior bid. Golden Nugget Online Gaming insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Golden Nugget Online Gaming’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Golden Nugget Online Gaming.

If you own Golden Nugget Online Gaming common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/golden-nugget-online-gaming-inc.                      

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP

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AXSOME THERAPEUTICS INVESTIGATION: Block & Leviton Investigates Axsome Therapeutics For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

BOSTON, Aug. 09, 2021 (GLOBE NEWSWIRE) — Block & Leviton is investigating Axsome Therapeutics, Inc. (NASDAQ: AXSM) for potential securities law violations. Investors who have lost money in their Axsome Therapeutics investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/axsm.

What is this all about?

Before the market opened on August 9, 2021, Axsome Therapeutics announced that the U.S. Food and Drug Administration (FDA) had identified deficiencies in their review of Axsome’s New Drug Application (NDA) for AXS-05. The Company said it is attempting to learn the nature of the discrepancies in order to address them, but said the development may lead to a delay in the potential approval of AXS-05.

On this news shares of Axsome stock fell 40% in intraday trading.

Who is eligible?

Anyone who purchased Axsome Therapeutics stock and has lost money as a result of this news may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you’ve lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation’s top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: [email protected] 

SOURCE: Block & Leviton LLP
www.blockleviton.com



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Shareholder Alert: Ademi LLP investigates whether American National Group, Inc. has obtained a Fair Price in its transaction with Brookfield Reinsurance

PR Newswire

MILWAUKEE, Aug. 9, 2021 /PRNewswire/ — Ademi LLP is investigating American National (NASDAQ: ANAT), for possible breaches of fiduciary duty and other violations of law in its transaction with Brookfield Reinsurance.

Click here to learn how to join the action: https://www.ademilaw.com/case/american-national-group-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges American National’s financial outlook and prospects are excellent and yet American National shareholders will receive only $190. The merger agreement unreasonably limits competing bids for American National by prohibiting solicitation of further bids, and imposing a penalty of $178.5 million if American National accepts a superior bid. American National insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of American National’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for American National.

If you own American National common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/american-national-group-inc.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-american-national-group-inc-has-obtained-a-fair-price-in-its-transaction-with-brookfield-reinsurance-301351150.html

SOURCE Ademi LLP

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Average Back-to-School Spending Reaches $498, and 33% of Parents Will Go Into Debt To Pay For It

New LendingTree Report Finds 29% of Parents Can’t Afford School Supplies

PR Newswire

CHARLOTTE, N.C., Aug. 9, 2021 /PRNewswire/ — As the era of COVID-19 stretches into another topsy-turvy year, families with school-age kids are gearing up for another deeply uncertain and costly back-to-school shopping season, according to LendingTree’s 2021 Back-to-School Shopping Survey.

LendingTree polled more than 1,000 parents with children under the age of 18 and found that families today are dealing with a wide range of financial stressors, including higher levels of debt, sticker shock from inflation and longer school supply lists brought on by the pandemic.

Key findings

  • 1 in 3 parents of school-age children expect to go into debt when shopping for back-to-school. That percentage has consistently risen over the past three years, from 26% in 2019 to 30% in 2020 and now 33% in 2021.
  • Parents struggle to afford school supplies as expenses increase. Parents of school-age children expect back-to-school shopping will cost them an average of $498, and 29% say they’re unable to afford their child’s school supplies this year.
  • Hybrid learning costs parents more than in-person-only learning or virtual-only school. Parents whose children will learn via a mixture of online and in-person school expect to shell out $775, and 42% think they’ll go into debt paying for it.
  • Pandemic-related changes to supply lists come with a price tag. 35% of parents noted that their child’s school made pandemic-related changes to this year’s school supply lists, such as more hand sanitizer, cleaning supplies and laptops.
  • Shoppers shift back to in-person purchases, and less than 50% shop around for their best deal. Less than a quarter of parents (23%) will do most of their back-to-school shopping online, a big drop from 44% in 2020. At the same time, just 49% say they always compare prices at multiple stores to find their best deal.
  • A majority of parents won’t earn credit card rewards on back-to-school shopping purchases. Of those with school-age children, 63% do not plan to use a credit card to pay for most of those items, causing them to miss out on potentially lucrative rewards.

“Raising kids is always crazy expensive, and 2021 is certainly no exception,” said Matt Schulz, chief credit analyst at LendingTree. “Then factor in recent inflationary growth, and that just makes things even harder on countless parents who’ve seen their financial lives flipped upside down by the pandemic.”

To view the full report, visit: https://www.lendingtree.com/credit-cards/study/back-to-school-spending-leads-many-into-debt/.   

Methodology
LendingTree commissioned Qualtrics to conduct an online survey of 1,013 parents with children under 18, from July 21 to July 26, 2021. The survey was administered using a nonprobability-based sample, and quotas were used to ensure the sample base represented the overall population. All responses were reviewed by researchers for quality control.

About LendingTree
LendingTree (NASDAQ: TREE) is the nation’s leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student loans, insurance, credit cards and more. Through the LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health. LendingTree proactively compares consumers’ credit accounts against offers on our network and notifies consumers when there is an opportunity to save money. In short, LendingTree’s purpose is to help simplify financial decisions for life’s meaningful moments through choice, education and support. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information, go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree

MEDIA CONTACT:


Morgan Lanier

[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/average-back-to-school-spending-reaches-498-and-33-of-parents-will-go-into-debt-to-pay-for-it-301351270.html

SOURCE LendingTree.com

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Creatd Unveils Subscribe Feature on Vocal

— ‘Subscribe’ provides creators the means to build and engage an individualized community around their creations.

— New feature allows readers to build curated feeds from their favorite creators.

— Future ‘Subscribe’ update will enable Vocal+ members to collect recurring monthly payments from their fans and audience.

PR Newswire

FORT LEE, N.J., Aug. 9, 2021 /PRNewswire/ — Creatd, Inc. (Nasdaq CM: CRTD) (“Creatd” or the “Company”), the parent company of Vocal, today announced the release of ‘Subscribe,’ a new Vocal feature providing creators the ability to create a stronger and more engaged relationship with their audience. Subscribe is easy to use and is the first of a series of product enhancements designed to foster a more personalized Vocal experience, allowing users to curate their feeds with the stories and creators they want to read most. As opposed to an algorithm-based feed, this feature embraces the value of a chronological feed, ensuring readers can consistently locate the content they have opted into, all in one place, and know they are never missing a new story from their favorite creators.

Commented Creatd’s President, Justin Maury, “The team is excited to offer one of the most requested features—a “subscribe to creator” button that allows you to follow creators and see their published stories in one convenient place. This version of Subscribe is available to everyone on the platform—free and paid.  We will have lots of exciting news to share on future updates that we hope will provide further value to our Vocal creators.”

On the heels of Subscribe, the Company will soon be releasing a paid offering for Vocal+ members, enabling these creators to offer gated premium content to their fans and audience, along with the means to converse on-platform with them. The Subscribe capability, akin to those of Patreon and other companies in the creator sector, offers Vocal+ members a new source of recurring income. Subscribe unlocks the ability for an individual creator to build a community around their creations and monetize more directly from their individualized community. At the same time, this offering represents a new revenue stream for the Company; as with Vocal’s existing Tipping feature, Creatd will receive a platform processing fee on these recurring monthly transactions.

Continued Maury, “This is a major milestone release, and part of what we see as a continuing investment focused on providing economic opportunities for creators. Arming our Vocal+ community with this new capability enables them to build custom memberships and engage directly with fans. This more direct connection enables the creator to gain a deeper understanding of what motivates their audience and which stories resonate with them most. Through that direct feedback, creators can leverage those insights to further refine their offering and value proposition to maximize subscriber growth and retention.”

For more information on Subscribe, visit the Company’s newly released resource article: https://vocal.media/resources/introducing-subscribe.

About Creatd

Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology company and the parent company of the Vocal platform. Our mission is to empower creators, entrepreneurs, and brands through technology and partnership.

For news and updates, subscribe to Creatd’s newsletter: https://creatd.com/newsletter

Investor Relations Contact: [email protected]

Forward-Looking Statements

Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/creatd-unveils-subscribe-feature-on-vocal-301351264.html

SOURCE Creatd, Inc.