INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Continues to Investigate Tapestry, Inc.’s Directors and Officers for Breach of Fiduciary Duties – TPR

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues to investigate certain directors and officers of Tapestry, Inc. (“Tapestry”) (NYSE: TPR) for breaching their fiduciary duties to Tapestry and its shareholders. If you are a Tapestry shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected].

Scott+Scott is investigating whether Tapestry’s board of directors or senior management failed to manage Tapestry in an acceptable manner, in breach of their fiduciary duties to Tapestry, and whether Tapestry has suffered damages as a result.

On July 21, 2020, Tapestry announced the sudden resignation of its Chief Executive Officer and Chairman of the Board, Jide Zeitlin. It was later announced that Zeitlin had been the subject of a misconduct allegation relating to a past relationship.

What You Can Do

If you are a Tapestry shareholder, you may have legal claims against Tapestry’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or [email protected].

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.

Attorney Advertising

CONTACT:

Joe Pettigrew


Scott+Scott Attorneys at Law LLP


230 Park Avenue, 17th Floor, New York, NY 10169

844-818-6982


[email protected]



Excelsior Mining Announces Upsize to its Previously Announced Bought Deal Financing to C$28 Million

VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) — Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) (“Excelsior” or the “Company”) is pleased to announce that due to strong investor demand it has amended the terms of its previously announced “bought deal” public offering of units of the Company (the “Units”) to increase the size of the offering. In connection with the upsizing of the offering, the Company has entered into an amending agreement with Scotiabank and PI Financial Corp. as joint bookrunners and underwriters (the “Underwriters”). Pursuant to the revised terms of the offering, the Underwriters have agreed to buy on a bought deal basis 29,000,000 units (the “Units”) of the Company, at a price of C$0.95 per Unit for gross proceeds of approximately C$28 million (the “Offering”). Each Unit consists of one common share (each a “Common Share”) and one warrant (each a “Warrant”). Each Warrant is exercisable to acquire a Common Share (each a “Warrant Share”) at an exercise price of C$1.25 for a period of 18 months from the closing of the Offering.

The Company has also granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 4,350,000 Units to cover over-allotments, if any, and for market stabilization purposes. The Offering is expected to close on February 22, 2021 and is subject to the Company receiving all necessary regulatory approvals, including the approval of the Toronto Stock Exchange.

The net proceeds from the Offering will be used for working capital requirements and for the development, sustaining capital and maintenance of the Company’s mineral properties.

A prospectus supplement (the “Prospectus Supplement”) to the Company’s short form base shelf prospectus dated December 22, 2020 (the “Base Shelf Prospectus”) will be filed with the securities commissions or securities regulatory authorities in each of the provinces of Canada, excluding Quebec. The Prospectus Supplement and the Base Shelf Prospectus contain important detailed information about the Company and the proposed Offering. Prospective investors should read the Prospectus Supplement, the Base Shelf Prospectus and the documents incorporated therein for more information about the Company and this Offering before making an investment decision.

The Units, Common Shares and Warrant Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer of securities for sale in the United States.

About Excelsior Mining

Excelsior “The Copper Solution Company” is a mineral exploration and production company that owns the Gunnison Copper Project in Cochise County, Arizona. The project is a low cost, environmentally friendly in-situ recovery copper extraction project that is permitted to 125 million pounds per year of copper cathode production. The Feasibility Study projected an after-tax NPV of US$807 million and an IRR of 40% using a US$ 2.75 per pound copper price and a 7.5% discount rate.

Excelsior’s technical work on the Gunnison Copper Project is supervised by Stephen Twyerould, Fellow of AUSIMM, President & CEO of Excelsior and a Qualified Person as defined by National Instrument 43-101. Mr. Twyerould has reviewed and approved the technical information contained in this news release.

Additional information about the Gunnison Copper Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: “Gunnison Copper Project, NI 43-101 Technical Report, Feasibility Study” dated effective December 17, 2016.

For more information on Excelsior, please visit our website at www.excelsiormining.com.

For further information regarding this press release, please contact:

Excelsior Mining Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.

JJ Jennex, Vice President, Corporate Affairs
T: 604 723 1433
E: [email protected]
www.excelsiormining.com  


Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” concerning anticipated developments and events that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, statements with respect to: (i) the results of the Feasibility Study, including operating and capital cost estimates and the economic benefits from the Gunnison Copper Project; (ii) the details of future production capacity; (iii) the completion of the Offering and its expected closing date; and (iv) the use of proceeds of the Offering.

In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved” suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things information with respect to the Base Shelf Prospectus, the estimation of mineral resources and mineral reserves, the realization of resource and reserve estimates, expectations and anticipated impact of the COVID-19 outbreak, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include the ability of the Company to successfully complete the Offering, risks inherent in the construction of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks relating to variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions and the impact of COVID-19 on the Company’s business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction process, regulatory risks, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.



Infinity Pharmaceuticals to Present at Upcoming BIO CEO & Investor Conference

Infinity Pharmaceuticals to Present at Upcoming BIO CEO & Investor Conference

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Infinity Pharmaceuticals, Inc. (NASDAQ: INFI), a clinical-stage biotechnology company developing eganelisib, a potentially first-in-class, oral, immuno-oncology macrophage reprogramming therapeutic which addresses a fundamental biologic mechanism of immune suppression in cancer, today announced that management will be presenting at the BIO CEO & Investor Conference taking place February 16-18. Presentations details are below:

BIO CEO & Investor Conference Presentation Details:

Date:

February 16 – 18

Presentation:

Available on demand starting February 16th at 10am EST

The link for the presentation will be available at www.infi.com.

About Infinity and Eganelisib

Infinity is an innovative biopharmaceutical company dedicated to developing novel medicines for people with cancer. Infinity is advancing eganelisib, a potentially first-in-class, oral, immuno-oncology macrophage reprogramming therapeutic which addresses a fundamental biologic mechanism of immune suppression in cancer, in multiple clinical studies. MARIO-275 is a Phase 2, randomized, placebo-controlled study of eganelisib combined with Opdivo in I/O naïve urothelial cancer. MARIO-3 is the first eganelisib combination study in front-line advanced cancer patients and is evaluating eganelisib in combination with Tecentriq® and Abraxane® in front-line TNBC and in combination with Tecentriq and Avastin® in front-line RCC. In collaboration with Arcus Biosciences, Infinity is evaluating a checkpoint inhibitor-free, novel combination regimen of eganelisib plus etrumadenant (dual adenosine receptor antagonist) plus Doxil® in advanced TNBC patients. With these studies Infinity is evaluating eganelisib in the anti-PD-1 refractory, I/O-naïve, and front-line and second line settings. For more information on Infinity, please refer to Infinity’s website at www.infi.com.

Opdivo® is a registered trademark of Bristol Myers Squibb.

Tecentriq® is a registered trademark of Genentech, Inc.

Abraxane® is a registered trademark of Abraxis BioScience, LLC.

Avastin® is a registered trademark of Genentech, Inc.

Doxil® is a registered trademark of Baxter Healthcare Corporation.

Investor Relations Contact:

Ashley Robinson

LifeSci Advisors, LLC

617-775-5956

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Biotechnology Other Health Health Pharmaceutical Oncology

MEDIA:

TAB Bank Provides Aluminum Extrusion Manufacturing Company in Ohio with a $12 Million Asset-Based Credit Facility

OGDEN, Utah, Feb. 11, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $12 million asset-based credit facility for an aluminum extrusion manufacturing company based in Ohio. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs.  

The company produces a wide range of standard and custom designed aluminum extrusions in several grades of aluminum alloys and tempers.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB’s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.

Brett Horwitz is TAB Bank’s Managing Director and Head of Originations for the Western Region. Brett has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena. Brett can be reached at 949.466.5255 or at [email protected].

Contact Information:

Trevor Morris
Director of Marketing
801-624-5172
[email protected]
Twitter – @TABBank
Facebook – facebook.com/TABbank



PENNEXX Launches Social Media Marketing Campaign With East of Chicago Pizza Using Its Your Social Offers Patent Pending Platform

Philadelphia, PA, Feb. 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — PENNEXX (PNNX) has launched East of Chicago Pizza’s social media marketing campaign.

East of Chicago Pizza is a well-known regional pizza restaurant chain with 80 company-owned and franchised locations.

East of Chicago Pizza https://www.eastofchicago.com plans to use YourSocialOffers.com (YSO) to promote its brand and build its customer base through social media marketing. East of Chicago Pizza is headquartered in Ohio. They plan to expand to 150 restaurants in the next five years and are actively seeking Franchisees.  

East of Chicago management comments, “We expect the YSO platform to significantly increase our Social Media advertising presence and conversion to sales rate while reducing our overall advertising costs.”

Business owners understand how “coupons can drive more than just sales. They’ve been shown to increase brand awareness, generate loyalty and influence overall purchasing decisions” according to https://capitaloneshopping.com/blog/coupon-statistics-4c49b386c833.

This type of campaign will help merchants become aware of this cost-effective means of generating new customers and building brands with digital word of mouth advertising.

Joe Candito, President of Pennexx, commented, “This is another stepping stone to bring awareness and recruit national brands on how YSO can support large companies for both local and chain-wide advertising campaigns.” 

For More Information

Pennexx will do their best to openly and publicly answer your questions and concerns via social media on Twitter https://twitter.com/pennexx @pennexx, or you may email [email protected].

You may also follow them on Twitter; Joe Candito (@jcandito) https://twitter.com/jcandito, Ms. Sunny Sweet (@sunnysweettweet) https://twitter.com/sunnysweettweet and Mr. Risalvato (@vrisalvato) https://twitter.com/vrisalvato.

About Pennexx Foods Inc.

About Pennexx Foods Inc. (PNNX: OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is a holding company within the Software/Internet Industry focused on social media, prepaid debit cards, BitGift™, artificial intelligence, targeted marketing, and consumer rewards.

Safe Harbor Act: This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report.

For additional information, you may also visit our website at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409. Please follow us on Twitter @Pennexx.



Creatd’s Vocal Platform Enhances Subscribers’ Earning Power with Introduction of Creator Bonuses

– Vocal’s latest monetization feature, Creator Bonuses, helps creators by providing an additional way to be rewarded for their creativity.

– Eligibility to receive Bonuses applies to all Vocal creators, subscribed to both the freemium and Vocal+ paid subscription tiers.

PR Newswire

FORT LEE, N.J., Feb. 11, 2021 /PRNewswire/ — Creatd, Inc. (Nasdaq CM: CRTD) (“Creatd” or the “Company”), the parent company of Vocal, Vocal for Brands, Creatd Partners, and Seller’s Choice, today announced the rollout of Creator Bonuses, the latest of a suite of new features being released on the Vocal platform throughout 2021.

When the Vocal platform first launched in December of 2016, it offered creators a single means of monetization: Reads. This feature was followed by the introduction of Tips in 2018, which enabled creators to receive micropayments from their audience. In 2019, the Company began facilitating introductions between creators and brands like Vimeo and Daily Harvest through its Vocal for Brands offering. 2020 saw the launch of Vocal Challenges, giving creators the opportunity to participate and compete for cash prizes. Today, with the launch of Creator Bonuses, Vocal has given its creators yet another unique avenue to be rewarded for their creativity.

The Creator Bonus feature enables the Vocal team to add money directly to a creator’s existing Wallet balance. The Vocal team will reward creators with Bonuses to celebrate accomplishments such as reaching a ‘Reads’ milestone, winning a Challenge, or as a thank you to creators who support the Vocal community by liking, sharing, or sending tips to fellow creators. Bonuses are expected to help creators accrue more in total earnings, while enabling the Vocal team to give back to its creators more directly and efficiently.

Justin Maury, Creatd’s President and Head of Product, commented, “The growth of our platform is dependent on our ability to provide continued incentive for creators to call Vocal their home base. Bonuses provide the opportunity for us to show appreciation to creators that exemplify the Vocal ideology.”

Eligibility to receive Bonuses applies to the entire Vocal community, including both Vocal+ premium creators as well as the near 900,000 freemium creators. Maury’s full remarks regarding this new feature, including sample criteria for receiving Creator Bonuses, are available in his published Vocal story: https://vocal.media/resources/introducing-creator-bonuses-on-vocal.

Among the upcoming 2021 Vocal updates will be the addition of new Vocal communities which are expected to gain the attention of new creators and drive Creatd’s expansion into new audiences.

About Creatd

Creatd, Inc. (Nasdaq CM: CRTD), the parent company of wholly-owned subsidiaries Vocal Ventures, LLC and Creatd Partners, LLC empowers creators, brands, and entrepreneurs through technology and partnership. Its flagship product, Vocal, is a best-in-class creator platform. For more information, please visit:

Creatd: https://creatd.com;

Creatd IR: https://investors.creatd.com;

Vocal Platform: https://vocal.media;

IR 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:http://www.prnewswire.com/news-releases/creatds-vocal-platform-enhances-subscribers-earning-power-with-introduction-of-creator-bonuses-301226837.html

SOURCE Creatd, Inc.

QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (“QuantumScape” or the “Company”) (NYSE: QS) from November 27, 2020 through December 31, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Northern District of California alleges violations of the Securities Exchange Act of 1934.

If you purchased QuantumScape securities, and/or would like to discuss your legal rights and options please visit QuantumScape Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

The complaint alleges that throughout the Class Period the Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that : (i) the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (ii) the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (iii) 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.

On January 4, 2021, an article was published on Seeking Alpha.  That article pointed to a number of risks associated with QuantumScape’s solid state batteries.  These risks make QuantumScape’s batteries “completely unacceptable for real world field electric vehicles.” The article specifically stated that QuantumScape’s battery’s power meant it would “only last for 260 cycles or about 75,000 miles of aggressive driving.”

On this news, the price of QuantumScape’s shares fell $34.49 or approximately 40.84% to close at $49.96 per share on January 4, 2021.

If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased QuantumScape securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/quantumscapecorporation-qs-shareholder-class-action-lawsuit-stock-fraud-352/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]



IIROC Trading Halt – GEM

Canada NewsWire

VANCOUVER, BC, Feb. 11, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Goldcore Resources Ltd.

TSX-Venture Symbol: GEM

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 9:06 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

BTBT SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Bit Digital, Inc.

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Bit Digital, Inc. (“Bit Digital” or the “Company”) (NASDAQ: BTBT) from December 21, 2020 through January 8, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934.

If you purchased Bit Digital securities, and/or would like to discuss your legal rights and options please visit Bit Digital Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

The complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that: (1) Bit Digital overstated the extent of its bitcoin mining operation; (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

On January 11, 2021, J Capital Research issued a research report alleging, among other things, that Bit Digital operates “a fake crypto currency business” “designed to deal funds from investors.” While the Company claims “it was operating 22,869 bitcoin miners in China,” J Capital’s report alleged that “is simply not possible” and stated that “[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners there.”

On this news, the Bit Digital’s stock price fell $6.27, or approximately 25%, to close at $18.76 per share on January 11, 2021.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 22, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Bit Digital securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/bitdigital-btbt-shareholder-class-action-lawsuit-fraud-stock-357/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]



Rite Aid Statement on Federal Retail Pharmacy Program Involvement

Rite Aid Statement on Federal Retail Pharmacy Program Involvement

CAMP HILL, Pa.–(BUSINESS WIRE)–
Rite Aid is proud to partner with the federal government as an inaugural participant in the Federal Retail Pharmacy Program. Under this program, which begins today, federal health authorities determine the allocation of doses, while state and local jurisdictions continue to define their own eligibility requirements.

Rite Aid pharmacies will receive direct federal allocations initially in five states and two jurisdictions: California, Michigan, New Jersey, Ohio, Pennsylvania, Philadelphia, and New York City. At launch, we expect to receive 100 doses per participating store, per week. These allocations will grow over time and supplement existing supply from state and local governments. Rite Aid will be providing vaccinations in over half of its locations and expects to provide vaccinations in all its locations once supply is available.

“With vaccine demand outpacing supply, the establishment of an additional channel for vaccine allocation and distribution is an important and positive first step in the effort to end COVID-19,” said Heyward Donigan, president and chief executive officer, Rite Aid. “Initially, vaccine appointments will still be difficult to schedule at any provider. However, we expect to see availability of the vaccine improve over time, and Rite Aid stands ready to administer as many vaccines as we are allocated quickly, safely and efficiently.”

The increase in available doses in our communities is welcome news, but we anticipate demand will continue to significantly outpace supply for the foreseeable future. As supply becomes more available, Rite Aid will increase the number of stores offering vaccines. Our website, www.riteaid.com/covid-19 is a comprehensive resource for timely, accurate information on access and availability to COVID-19 vaccines and testing in each community we serve. We will work tirelessly to ensure that we vaccinate as many people as our allocation allows; we appreciate the public’s patience and cooperation with the process.

Chris Savarese

717-975-5718

[email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Retail Health Convenience Store Other Retail Infectious Diseases Specialty Pharmaceutical

MEDIA:

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