Market Newsdesk

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the lead plaintiff deadline in a securities class action that has been filed on behalf of investors that purchased or acquired the securities of Reata Pharmaceuticals Inc. (“Reata” or the “Company”) (NASDAQ: RETA) between October 15, 2019 and August 7, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Eastern District of Texas alleges violations of the Securities Exchange Act of 1934.

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

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (i) the MOXIe Part 2 study results were insufficient to support a single study marketing approval of omaveloxolone for the treatment of FA in the U.S. without additional evidence; (ii) as a result, it was foreseeable that the FDA would not accept marketing approval of omaveloxolone for the treatment of FA in the U.S. based on the MOXIe Part 2 study results; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On August 10, 2020, during pre-market hours, Reata issued a press release announcing its second quarter 2020 financial results, wherein it disclosed that the FDA is “not convinced that the MOXIe part 2 results” of the Company’s study assessing omaveleoxolone for the treatment of FA “will support a single study approval without additional evidence that lends persuasiveness to the results,” and that, “in preliminary comments for [a] meeting, the FDA stated that [Defendants] will need to conduct a second pivotal trial that confirms the mFARS results of the MOXIe part 2 study with a similar magnitude of effect.”

On this news, Reata’s stock price fell $51.79 per share, or 33.16% to close at $104.41 per share on August 10, 2020.

If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2020. 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 Reata securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/reatapharmaceuticalsinc-reta-shareholder-class-action-lawsuit-stock-fraud-326/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]

WEST ORANGE, N.J., Nov. 12, 2020 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, today announced that Scott Shaw, President and Chief Executive Officer and Brian Meyers, Chief Financial Officer, will be providing an overview of the Company, discussing recent progress and highlighting the 2020 third quarter operational performance at two investor conferences the week of November 16.

• Investor Summit Group’s Virtual Fall Summit: In addition to the Company’s formal presentation on Tuesday, November 17th at 9:00am ET, the Company will be hosting one-on-one meetings on Monday, November 16th and Tuesday, November 17th.  Investors are encouraged to contact their representative to request meeting times with the management team.  The live presentation at the Investor Summit Group’s conference can be accessed at: https://www.webcaster4.com/Webcast/Page/2038/35028. An archived replay of the presentation may be accessed through the Company’s website, www.lincolntech.edu, via the ‘Investor Relations’ section, under ‘Webcasts/Presentations’.
   
• Sidoti Virtual Microcap Conference:  The Company will deliver a formal presentation on Thursday, November 19th from 10:45 – 11:15am ET in Estate 3. The Company will also be hosting one-on-one meetings on Thursday, November 19th.  Investors are encouraged to contact their representative to request meeting times with the management team. The live presentation being delivered at the Sidoti conference can be accessed at: https://sidoti.zoom.us/webinar/register/WN_QpokvFNARkeMQrOCmwjw1A.

“We recently reported that our third quarter student starts increased more than 15 percent and achieved our second consecutive quarter of double-digit student start growth, demonstrating yet again the strength of the Lincoln story even during a tumultuous time in our country’s history,” commented Mr. Shaw.  “We believe the Lincoln story resonates with investors seeking a near and long-term investment opportunity and we are looking forward to sharing our growth drivers at these conferences.”

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ABOUT LINCOLN EDUCATIONAL SERVICES CORPORATION

Lincoln Educational Services Corporation is a provider of diversified career-oriented post-secondary education and helping to provide solutions to America’s skills gap.  Lincoln offers recent high school graduates and working adults degree and diploma programs.  The Company operates under three reportable segments: Transportation and Skilled Trades, Healthcare and Other Professions and Transitional. Lincoln has provided the nation’s workforce with skilled technicians since its inception in 1946. For more information, go to www.lincolntech.edu.

SAFE HARBOR

Statements in this press release and in oral statements made from time to time by representatives of Lincoln Educational Services Corporation regarding Lincoln’s business that are not historical facts may be “forward-looking statements” as that term is defined in the federal securities law. The words “may,” “will,” “expect,” “believe,” “anticipate,” “project,” “plan,” “intend,” “estimate,” and “continue,” and their opposites and similar expressions are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.  Generally, these statements relate to business plans or strategies, projected or anticipated benefits from acquisitions or dispositions to be made by the Company or projections involving anticipated revenues, earnings or other aspects of the Company’s operating results.  The Company cautions you that these statements concern current expectations about the Company’s future performance or events and are subject to a number of uncertainties, risks and other influences many of which are beyond the Company’s control, that may influence the accuracy of the statements and the projects upon which the statements are based. The events described in forward-looking statements may not occur at all. Factors which may affect the Company’s results include, but are not limited to, the risks and uncertainties discussed in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission.  Any one or more of these uncertainties, risks and other influences could materially affect the Company’s results of operations and financial condition and whether forward-looking statements made by the Company ultimately prove to be accurate and, as such, the Company’s actual results, performance and achievements could materially differ from those expressed or implied in these forward-looking statements. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to, our failure to comply with the extensive regulatory framework applicable to our industry or our failure to obtain timely regulatory approvals in connection with acquisitions or a change of control of our Company; our success in updating and expanding the content of existing programs and developing new programs for our students in a cost-effective manner or on a timely basis; risks associated with changes in applicable federal laws and regulations; uncertainties regarding our ability to comply with federal laws and regulations, such as the 90/10 rule and prescribed cohort default rates; risks associated with the opening of new campuses; risks associated with integration of acquired schools; industry competition; our ability to execute our growth strategies; conditions and trends in our industry; the COVID-19 pandemic and its impact on our business and the U.S. and global economics; general economic conditions; and other factors discussed in the “Risk Factors” section of our Annual Reports and Quarterly Reports filed with the Securities and Exchange Commission.  All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise after the date hereof.

VANCOUVER, British Columbia, Nov. 12, 2020 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) today announced the launch of Pender Ventures, a new group and brand, created to accelerate its private investments into disruptive technology companies across Canada. The firm is also announcing that a new partner has joined the team and the final close of its latest fund, the Pender Technology Inflection Fund LP I (“PTIF”).

Led by managing partner Maria Pacella, Pender Ventures will serve as the umbrella for all of Pender’s private technology investments with a combined AUM of approximately $100M.

“When I joined Pender, the goal was to focus our investing on some of the most exciting growth opportunities, and these happened to be in technology. Now three years later, technology companies are becoming even more integral to how we live and work,” said Pacella. “This continued digital transformation has provided the impetus and Pender Ventures is the vehicle that will position us to double-down on the Pender ‘inflection point’ thesis. Our goal is to help companies scale faster, have global impact, and generate outsized returns for our investors.”

Announcement
of
a
Second Female Partner

In connection with its launch today, Pender Ventures is excited to announce that Kristina Bergman is joining the team as a second female partner. Bergman, a B.C. native who is moving back to Canada from Seattle to take on the role, is a veteran executive, entrepreneur and investor with 20 years of technology, marketing, product and investing experience. As a key member of the Pender Ventures team, she will help source new deals and support the goal of creating value for existing portfolio companies.

“I’m thrilled to be joining the Pender Ventures team,” said Bergman. “As a founder myself, I understand the challenges that entrepreneurs face in scaling companies and the critical role capital can play in a firm’s life cycle, if injected at the right time. I look forward to helping Pender back founders and technologies that can move the world forward.”

Final close of Pender Technology Inflection Fund
LP I

Pender completed its final close of its Pender Technology Inflection Fund LP I. in October 2020. PTIF is a $25M Fund focused on helping companies scale past seed stage. Investors include Export Development Canada (EDC) and Vancity amongst others. The investment focus is on datacentric start-ups in health-tech, enterprise software and industrial transformations.

“The Pender Technology Inflection Fund is focused on helping enterprise technology companies scale globally, and fosters a diverse team of investment professionals, with 40% of the current portfolio led by women CEOs,” said Carl Burlock, Executive Vice-President and Chief Business Officer at EDC. “This valued partnership strongly aligns with EDC’s mandate of helping innovative and diverse Canadian companies grow their businesses internationally. We look forward to continued collaboration resulting in greater benefits for Canadian businesses.”

To date, the Fund has successfully invested in five dynamic Canadian companies across a range of information and health technology.

About Pender Ventures

Pender Ventures is the technology venture capital arm of Pender. To learn more about Pender Ventures and its investments, please visit www.penderventures.com.

About
PenderFund
Capital Management Ltd.

PenderFund is an independent, diversified asset manager based in Vancouver, BC. Pender’s family of funds invests across private and public equities and fixed income. For more information, please visit www.penderfund.com.

About EDC

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage. As international risk experts, we equip Canadian companies with the tools they need – the trade knowledge, financing solutions, equity, insurance, and connections – to grow their business with confidence. Underlying all our support is a commitment to sustainable and responsible business. To help Canadian businesses facing extreme financial challenges brought on by the global response to COVID-19, the Government of Canada has expanded EDC’s domestic capabilities until December 31, 2021. This broader mandate will enable EDC to expand its support to companies focused domestically. For more information and to learn how we can help your company, call us at 1-800-229-0575 or visit www.edc.ca.

Media
Enquiries

LOS ANGELES, Nov. 12, 2020 (GLOBE NEWSWIRE) — Consumer insights platform DISQO today announced it has been ranked No. 19 among the top 25 of Los Angeles Business Journal’s 100 Fastest Growing Private Companies in 2020, a list honoring companies in the Los Angeles area with the highest revenue growth. This was the 24th annual ranking and DISQO was honored at LABJ’s special digital event on Nov. 4, 2020, hosted by Josh Schimmels, Publisher and CEO of LABJ.

The Fastest Growing Private Companies in Los Angeles list was designed to identify, recognize and honor companies with the highest revenue growth who are at the forefront of LA’s economy. To be considered, companies had to fulfill the following requirements:

• Be a privately held business
• Be headquartered in the Los Angeles area
• Have a minimum of $5 million revenue in 2019
• Be in business a minimum of three years

While criteria for ranking on this list is centered on revenue growth, this year, the Journal decided to look beyond the numbers and behind the scenes to also consider what each company is achieving and what makes them so successful.

“We’re extremely proud that our team’s work has been recognized among some of the fastest growing tech companies in Greater Los Angeles,” said Jean-Philippe Durrios, Chief Financial Officer and Chief Operations Officer at DISQO. “We’ve innovated a transparent and fair platform for consumers to share their voice with marketers who need reliable data to make sound decisions. Shifting consumer behaviors as a result of COVID-19 have amplified these needs and are accelerating our enviable revenue growth. We’re building a great team and culture that is becoming one of the best places to work in LA or anywhere.”

To learn more about DISQO, please visit https://www.disqo.com/. To learn more about this recognition, please visit LA Business Journal’s 100 Fastest Growing Private Companies. The rankings and event recap can be found in the Nov. 9 issue of the Los Angeles Business Journal.

About DISQO

DISQO is a next-generation consumer-first insights platform that delivers unprecedented data and analytics to the market research industry. The company powers insights professionals and marketers with automated solutions that drive consumer research and improve ad effectiveness. Today, DISQO delivers an accurate and complete view of the consumer journey via technology built on the foundation of first-party research from millions of engaged consumers. By engaging consumers who choose to share their attitudes and behaviors, DISQO captures the highest quality data, empowering its clients to make confident decisions. Founded in 2015, DISQO is headquartered in Los Angeles, California, and has over 160 employees.

Contact

Hollis Guerra
Blast PR for DISQO
[email protected]
805.403.0705

SEATTLE, Nov. 12, 2020 (GLOBE NEWSWIRE) — OctoML, the MLOps automation company for superior model performance, portability and productivity, today announced the speaker line-up for the Apache TVM and Deep Learning Compilation Conference. The free virtual conference will cover the state of the art of deep learning compilation and optimization and recent advances in frameworks, compilers, systems and architecture support, security, training and hardware acceleration and is taking place Dec. 2-4: https://tvmconf.org. 

Speakers include technology leaders from Alibaba, Amazon, AMD, ARM, Bosch, Microsoft, NTT, OctoML, Qualcomm, Sima.ai and Xilinx, as well as researchers from Beihang University, Carnegie Mellon University, Cornell, National Tsing-Hua University (Taiwan), UCLA, University of California at Berkeley, University of Toronto and University of Washington.

Apache TVM is an open source deep learning compiler and runtime that optimizes the performance of machine learning models across a multitude of processor types, including CPUs, GPUs, accelerators and mobile/edge chips. It uses machine learning to optimize and compile models for deep learning applications, closing the gap between productivity-focused deep learning frameworks and performance-oriented hardware backends. It is used by some of the world’s biggest companies like Amazon, AMD, ARM, Facebook, Intel, Microsoft and Qualcomm. 

”Apache TVM was founded to help machine learning engineers deliver superior models to their products and users. I’m delighted to see how much the community has grown under the Apache way, with hundreds of contributors and teams from companies and universities large and small. Our progress has only accelerated over the last year, and I’m very excited to see strong adoption by so many cutting-edge chip manufacturing and machine learning teams,” said Tianqi Chen, co-founder and CTO of OctoML and co-creator of Apache TVM.

Apache TVM was founded in 2016 as a deep learning research project at the University of Washington and is now an effort undergoing incubation at The Apache Software Foundation (ASF), driven by an open source community involving multiple industry and academic institutions under the Apache way.

About
OctoML

OctoML applies cutting-edge machine learning-based automation to make it easier and faster for machine learning teams to put high-performance machine learning models into production on any hardware. OctoML, founded by the creators of the Apache TVM machine learning compiler project, offers seamless optimization and deployment of machine learning models as a managed service. For more information, visit https://octoml.ai or follow @octoml.

Media and Analyst Contact:

Amber Rowland
[email protected] 
+1-650-814-4560

Vancouver, Nov. 12, 2020 (GLOBE NEWSWIRE) — FORM, the direct-to-consumer sports technology company behind FORM Smart Swim Goggles, today announced the immediate availability of the FORM goggles on Apple.com. 

The release of the FORM goggles on Apple.com comes soon after FORM’s launch of open water features through a free firmware update in the summer of 2020. Through the update, swimmers can view real-time GPS performance metrics and heart rate data in open water when using compatible smartwatches including Apple Watch Series 6, SE, 5, 4 and 3, as well as Garmin’s Forerunner 945 and 745, and the Garmin fēnix 6 Pro and fēnix 5 Plus.

“We’re thrilled that the FORM goggles will now be more accessible than ever through availability on Apple.com,” said FORM founder and CEO Dan Eisenhardt. “Swimming is one of the world’s biggest sports, and yet swimmers are totally under-served by technology. Our goal at FORM is to make the swimming experience better for everyone. With the availability of the FORM goggles on Apple.com, we’re expanding our reach to a wide network of consumers who are interested in how technology can improve their daily lives and solve real problems.”

As the first premium swim goggles with a see-through, augmented-reality display, the FORM goggles have provided the 240 million active pool swimmers across the world with the option to view performance metrics like split times, distance, stroke rate, pace per 100, and calories in real-time, as they swim. Swimmers can enjoy the benefits of the FORM goggles in the pool, or outside through GPS open water features. After your swim, the FORM goggles sync to the FORM Swim App, where swimmers can analyze their metrics and revisit past workouts to see their progress over time. The FORM Swim App, which has received over 125 4.8 star reviews, also lets you automatically sync workouts with other services, including the Apple Health app. 

The FORM Smart Swim Goggles can now be purchased on Apple.com for $199.95 USD. They are also available atformswim.com and onAmazon in the U.S., Canada, United Kingdom, France, Germany, Netherlands, Spain, Italy, Australia and Japan. The FORM Swim App is available as a free download from theApp Store and fromGoogle Play™.
For more information visit: formswim.com. 

About FORM

Founded in 2016 in Vancouver, Canada, FORM is a sports technology company with a simple mission: to break down the barriers between what swimming is and what it could be. The company’s founder and CEO, Dan Eisenhardt, swam competitively for 14 years before starting his career as a sports technology entrepreneur. His previous company, Recon Instruments, was founded in 2008, introduced the world’s first smart eyewear for sports in 2010, and was acquired by Intel Corporation in 2015. At FORM, Dan is joined by a team of industry veterans with decades of combined expertise in sports-eyewear design, activity-tracking algorithms, and augmented-reality optics.

Contacts

Will Parry
Director of Marketing
+1 (778) 985-5685
[email protected]

Julia Hanbury
Public Relations Manager
+1 (604) 738-2220
[email protected]

Images

https://bit.ly/31TM7sv

Video

https://youtu.be/RuOGgcgzrbU