FIRST STUDY OF HOMELESS ENCAMPMENTS FINDS LACK OF AFFORDABLE HOUSING TO BE KEY DRIVER

Rockville, Md., April 05, 2021 (GLOBE NEWSWIRE) — As of 2019, homeless encampments were appearing in numbers not seen since in almost a century. The growth of encampments mirrored the increase in unsheltered homelessness overall, reflecting a complex set of societal factors, including a lack of affordable housing and the persistence of deep poverty. Although encampments have implications for the health, safety, and well-being of the people living in them and can negatively affect the surrounding neighborhoods and businesses, communities have only a weak knowledge base on which to structure their response.

Exploring Homelessness among People Living in Encampments and Associated Costs, a new study conducted by Abt Associates for the Department of Housing and Urban Development (HUD) and the Department of Health and Human Services (HHS), is one of the first efforts to bolster that knowledge base.

After completing a literature review, the Abt team studied and interviewed officials in nine cities currently responding to encampments: Chicago; Fresno and San Jose, Calif.; Houston; Las Vegas; Minneapolis; Philadelphia; Portland, Ore.; and Tacoma, Wash. Additionally, in fall 2019, the team conducted site visits to Chicago, Houston, San Jose, and Tacoma to collect cost information on expenditures explicitly related to encampments, interview implementation partners, observe encampments, and interview a small number of encampment residents.

 Findings

  • People are living in encampment settings because of the lack of affordable housing opportunities in their communities. Researchers and stakeholders in the nine cities cited the lack of affordable housing and shortcomings in the local shelter systems, including insufficient beds or programs with high barriers for entry, as two reasons why people are living in encampment settings. Most people living in encampments have ties to their local community, having grown up in the city or immediate geographic area.
  • In four cities, a diverse set of implementation partners worked to clear and close encampments while providing intensive outreach services. The Mayor’s office or other city departments typically coordinated the response of partners not traditionally involved in homeless assistance, including departments of solid waste and sanitation, transportation, and local environmental organizations. Homeless service providers visited encampments regularly to deliver outreach and case management services ahead of cleaning, clearing, and the ultimate closure of encampments.
  • In 2019, four cities spent between $3,393,000 and $8,557,000 annually, on encampment-related activities. These expenditures include costs related to outreach, clearance and prevention activities, as well as emergency shelter costs and in one city, permanent supportive housing. In all four cities, the largest funder of encampment response activities is city government.

To support future encampment response efforts as well as assistance for people experiencing unsheltered homelessness overall, some cities are exploring and identifying other ways to fund their activities (e.g., special assessments and taxes). State and federal governments should also explore how to make more funding available for outreach to connect people with support services in addition to the funding for encampment clearance and closure activities.

“Homeless encampments are a complex issue that require cities to coordinate many partners across multiple levels of government in their response,” said Abt’s Lauren Dunton, the study’s lead author. “Ultimately, people living in encampments often don’t have access to permanent, affordable housing or the existing services and supports are not meeting their needs. While we conducted our research prior to the COVID-19 pandemic, these issues are even more heightened now.”

Dunton added, “This study offers some approaches that federal, state, and local governments can use to help people living in encampments.”

Read the full report here.

###

About Abt Associates

Abt Associates is a global consulting and research firm that uses data and bold thinking to improve the quality of people’s lives. From combatting infectious disease and conducting rigorous program evaluations, to ensuring safe drinking water and promoting access to affordable housing – and more – we partner with clients and communities to tackle their most complex challenges.



Eric Tischler
Abt Associates
[email protected]

T-Mobile Accelerator Kicks Off Spring Program Fueling 5G Innovation in Immersive AR/VR Technologies and More

T-Mobile Accelerator Kicks Off Spring Program Fueling 5G Innovation in Immersive AR/VR Technologies and More

Meet these eight startups working to build immersive experiences that better connect us to our world

BELLEVUE, Wash.–(BUSINESS WIRE)–
5G is changing our world, and these eight brilliant startups are here for it. T-Mobile (NASDAQ: TMUS) today kicked off its 2021 T-Mobile Accelerator Spring Immersive Technology Program as part of its ongoing mission to fuel 5G innovation. For the next three months, the following handpicked startups will work directly with technologists and business leaders at T-Mobile to build the next big thing in immersive 5G technology from AR wearables to holographic communications, 3D data storytelling, volumetric video streaming, immersive virtual learning and more.

“5G is blurring the boundary between our physical and virtual worlds to create immersive experiences that better connect us to people and things around the globe. Businesses are finding better ways to collaborate virtually, and consumers are being engaged with new experiences that bring them closer than ever to the products and entertainment they love,” said John Saw, EVP of Advanced & Emerging Technologies at T-Mobile. “I can’t wait to see the innovation that occurs from this talented group of developers that are pioneering the way in immersive 5G technology.”

Participants in the T-Mobile Accelerator Spring 2021 program include:

  • Condense Reality (Bristol, UK). An entertainment software solution built to capture and stream volumetric video in real-time. The company combines computer vision with deep learning and hardware to produce high fidelity volumetric video recordings of complex events such as live sports, thus enabling broadcasters and content creators to stream in volumetric 3D to augmented and virtual reality headsets. (https://www.condensereality.com)
  • Everysight (Haifa, Israel). Everysight is revolutionizing the way people see and experience information. With decades developing vision systems and heads-up displays, the Everysight team brings cutting edge experience to the field of wearable technology. After creating the first consumer-focused augmented reality (AR) smartglasses for cyclists, triathletes, and early adopters, Everysight aims to bring the AR revolution to even more markets. (https://everysight.com)
  • FlowImmersive(Auburn, Calif.). Creating data-driven decisions is easier when everyone can understand the data and is fully engaged in the discussion. Flow Immersive is a data storytelling, authoring and presentation platform to drive data-driven decisions and sales conversions on any device, from XR to mobile. (https://flowimmersive.com)
  • Kai XR (Oakland, Calif.). Kai XR is the most inclusive and accessible 360˚ platform where kids can Explore, Dream, & Create. Kids can explore our diverse virtual field trips and dream and create their very own virtual adventures. Kai XR immerses kids in new worlds and opportunities by simply using their cell phones. (https://www.kaixr.com)
  • Longan Vision Corp. (Hamilton, Canada). Longan Vision’s main product, FVS (Fusion Vision System), is a revolutionary modern smart firefighting Augmented Reality wearable device to enhance firefighter’s vision in fire operations. (https://www.longanvision.com)
  • Matsuko (Košice, Slovakia). Holographic Communication is the first software only solution to experience realistic, lifelike real-time holograms of people for remote communication. It’s like video calls but in 3D. No avatars, no scanning, no setup. MATSUKO’s solution is not a rigged avatar but a fully expressive hologram that is way past the uncanny valley. With the MATSUKO app and XR glasses, you can see your colleagues and friends next to you in the most lifelike way. (https://www.matsuko.com)
  • Multicasting.io (Phoenix, AZ). Multicasting.io is a platform designed to support an array of different multi-angle real-time social video sharing use cases all from a single secure ecosystem. The platform enables the simultaneous video recording, streaming and creation of highlights from multiple angles at any event. Easily integrate enhanced social and user features inside your own application using our platform and SDK to reduce maintenance, scope of work and time to market. (https://multicasting.io)
  • Prisms of Reality, Inc. (Brooklyn, NY). Prisms seeks to close the STEM participation and achievement gap for all students by scaling a pedagogy we know works: experiential learning. Our goal is to bridge learning gaps in math using adaptive Immersive Virtual Reality (IVR) to ensure enduring proficiencies and engagement while reducing re-teaching time that leads to the largest inefficiencies in our system today. (https://www.prismsvr.com)

T-Mobile Accelerator serves as a hub for driving ideas, innovation and action. Focused on collaborative experiences for growth, it delivers year-round programming and activities, including entrepreneurial and tech community engagements, expert speakers and mentorship sessions. Since its inception, the T-Mobile Accelerator has worked with 67 startup companies that have raised an aggregate of nearly $80 million since participating in the program. Additionally, 82% of the alumni companies are still in business today. The spring program runs through June 30, 2021 and will culminate in a Demo Day where participants showcase their accomplishments.

T-Mobile 5G, A Platform for Innovation

T-Mobile is America’s 5G leader with the largest and fastest 5G network. T-Mobile’s Extended Range 5G covers 287 million people across 1.6 million square miles — that’s nearly 2.5x the geographic coverage of AT&T and nearly 4x more than Verizon. And with Sprint now part of T-Mobile, the Un-carrier is widening its lead, lighting up Ultra Capacity 5G across the country, bringing fast 5G speeds to more places than anyone else. Ultra Capacity 5G can deliver speeds around 300 Mbps with peaks of 1 Gbps, and now covers 125 million people.

Amazing new 5G products and services are quickly being built, and they require a 5G network with capacity and broad reach, one that’s being built to support virtually all types of use cases and provide unprecedented reach. It’s called #5GForAll and only T-Mobile can build it. With its supercharged 5G network as the foundation, T-Mobile is fueling 5G innovation and building the 5G ecosystem with a number of initiatives. The Un-carrier collaborates with universities and standards bodies to support 5G research and development. It recently expanded its award-winning T-Mobile Accelerator in collaboration with Georgia Tech and Curiosity Lab at Peachtree Corners, it operates the T-Mobile Ventures investment fund and it is a co-founder of the 5G Open Innovation Lab.

Follow T-Mobile’s Official Twitter Newsroom @TMobileNews to stay up to date with the latest company news.

Fastest 5G network: Opensignal Awards – USA: 5G User Experience Report January 2021, based on independent analysis of average speeds from mobile measurements recorded during the period September 16 – December 14, 2020 © 2021 Opensignal Limited. Capable device required. Some uses may require certain plan or feature; see T-Mobile.com.

About T-Mobile

T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: http://www.t-mobile.com.

Media Contact

T-Mobile US, Inc. Media Relations

[email protected]

Investor Relations Contact

T-Mobile US, Inc.

[email protected]

http://investor.t-mobile.com

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Technology Mobile/Wireless Telecommunications Audio/Video Software Networks Hardware Data Management Consumer Electronics

MEDIA:

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SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Velodyne Lidar, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Velodyne Lidar, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Velodyne Lidar, Inc. (“Velodyne” or “the Company”) (NASDAQ: VLDR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between July 2, 2020 and March 17, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before May 3, 2021.

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

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

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

According to the Complaint, the Company made false and misleading statements to the market. Certain Velodyne directors failed to maintain an attitude of respect, honesty, integrity, and candor with the Company’s officers and directors. The Company had launched investigations into this matter. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Velodyne, investors suffered damages.

Join the case to recover your losses.

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

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

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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WISeKey and SUNx Strong Universal Network, a Global Initiative for Climate Friendly Travel, to Introduce the First Ever “Climate Change and Sustainability” Non-Fungible Token (NFT)

WISeKey and
 
SUNx Strong Universal Network
, a Global Initiative for Climate Friendly Travel,
to Introduce the First Ever “Climate Change and Sustainability” Non-Fungible Token (NFT)

WISeKey to launch the NFT auction of the original SWATCH created for the 1992 Rio Earth Summit, on Earth Day, April 22, 2021. This unique, first-off-the-line watch, designed by Maurice Strong under the theme “It’s in our Hands” it was given to his widow Hanne Strong, by the wife of the founder of Swatch Nicolas Hayek.

Funds collected from the auction to go to charitable foundations supporting Sustainability & Climate Resilience and help kick start post pandemic travel recovery in a “Sustainable and Climate Friendly Wayand support thePeople’s Summitwhich will bring together 150 non-governmental organizations (NGOs).

Geneva/Brussels – April 6, 2021 – WISeKey International Holding Ltd (“WISeKey “) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain and IoT company, today announced that in cooperation with SUNx Strong Universal Network (SUNx), a global initiative aiming to build Climate Friendly Travel, will launch the first ever “Climate Change and Sustainability Non-Fungible Token (NFT).

Established as legacy to Maurice Strong, a climate activist and sustainable development pioneer, SUNx’s agenda is in line with the UN Sustainable Development Goals and the Paris Climate Agreement.  On April 22, 2021, WISeKey in cooperation with SUNx will launch the NFT auction of the original SWATCH created for the 1992 Rio Earth Summit by WISeKey on Earth Day, April 22, 2021.

Maurice Strong was a trailblazing environmentalist who helped organized both the 1972 Stockholm and 1992 Rio UN conferences on the environment, as well as the establishment of the United Nations Environment Program, and the Canadian International Development Agency. For more information visit https://www.youtube.com/watch?v=C-hjSk0rNCA&t=2s.

The SUNx “Sustainable and Climate Friendly Way” is under the supervision and coordination of Professor Geoffrey Lipman and Hanne Strong.  Mr. Lipman, a former Assistant Secretary General at UNWTO and President WTTC, currently serves as Chairman of the Green Growth & Travelism Institute (GGTI), an EU based not-for-profit organization and is President of SUNx. . Ms. Strong is Chairwoman of the Manitou Foundation, a US based charity she created with her husband, as a global Centre for Spiritual and Indigenous Research and Advancement.

WISeKey, was the first company in the world to use dual factor authentication combined with NFT to auction a luxury watch, the company has adapted this technology to digitally sign historical pictures issuing their digital twin digitally signed by the original certificate of provenance employing this unique technology to integrate semiconductors tags powered with its VaultIC154 NFC secure element and provide brands with the ability of:

  • issuing a storage device comprising of a digital certificate of authenticity
  • checking, when required, the validity of the digital certificate of authenticity
  • modifying, when required, the status of validity of the digital certificate of authenticity.

Dematerialization and creation of a Digital Twin with its corresponded NFT: these tags, when placed on any product and tapped by an NFC phone, securely authenticate, and track the product much like an embedded ePassport and confirm the identity of the product on the blockchain ledger. This technology has received a patent in the USA http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=8&f=G&l=50&co1=AND&d=PTXT&s1=wisekey&OS=wisekey&RS=wisekey.  

Maurice Strong flanked by 124 Heads of State at conclusion of Rio Earth Summit 1992

About WISeKey

WISeKey (SIX Swiss Exchange: WIHN, NASDAQ: WKEY) 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 Secures 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 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

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.



Finovate Re-Engages InvestorBrandNetwork and NetworkNewsWire for FinovateSpring 2021

NEW YORK, April 05, 2021 (GLOBE NEWSWIRE) — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company and part of the InvestorBrandNetwork (“IBN”), today announces its status as the official newswire for the upcoming FinovateSpring 2021 event, set to take place on May 10-13, 2021. Additionally, IBN has been named as an official media sponsor.

Set to feature more than 1,100 senior attendees in addition to 100+ expert speakers and 30+ insightful demos of new technology currently revolutionizing the fintech industry, the FinovateSpring conference has been carefully curated to provide attendees with key insights into the latest trends, challenges and opportunities within the rapidly evolving fintech space.

IBN and NNW will work together to heighten the profile of the event by leveraging their extensive array of corporate communications solutions, designed to increase recognition for conference participants seeking to enhance visibility before investors, journalists, consumers and the public. Effective brand awareness strategies offered by NNW will include wire-grade press releases via NetworkWire, highlighted mention on IBN’s primary events page, and articles written by IBN’s in-house writing team with distribution across NNW’s vast syndication network of downstream publishers such as Apple News and MarketWatch. Additionally, IBN will raise the visibility of the event with its social media accounts, which now have more than 2 million likes and followers collectively across various platforms.

“We are pleased to be continuing our long-standing partnership with the InvestorBrandNetwork team. They can always be counted on to deliver exceptional visibility,” said Greg Palmer, VP of Finovate. “We also look forward to providing our presenters and sponsors with an incredible virtual experience where they can connect with key leaders in the fintech space across the globe.”

This year’s four-day FinovateSpring event is set to be divided into three key sections, namely – “Conversation Starter,” which will entail a day of interactive roundtables, enabling attendees to engage in face-to-face discussions with expert speakers to discuss the issues which they find most relevant. Days 2 and 3 will consist of a mixture of demos, interviews, keynote presentations and panels while the conference’s final session, FinDEVr, will allow conference delegates to meet and interact with developers showcasing their latest fintech solutions.

“We are always delighted to be leveraging our array of corporate communication solutions on behalf of the conference and its participants,” said Jonathan Keim, director of communications for InvestorBrandNetwork. “Our collaboration with Finovate has always been a highlight for IBN and NNW, and we are excited to once again highlight the best and most innovative financial and banking technologies from around the globe.”

For additional details about FinovateFall 2020, including registration information, visit https://ibn.fm/HREdn.

About InvestorBrandNetwork (IBN)

The InvestorBrandNetwork (“IBN”) consists of financial brands introduced to the investment public over the course of 15+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution.

For more information on IBN, visit https://www.InvestorBrandNetwork.com.

Please see full terms of use and disclaimers on the InvestorBrandNetwork website, applicable to all content provided by IBN wherever published or re-published: https://IBN.fm/Disclaimer

InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]



HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Lordstown Motors Corp. (RIDE) Investors to Securities Fraud Action and Encourages Investors with Significant Losses to Contact its Attorneys

SAN FRANCISCO, April 05, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Lordstown Motors Corp. (NASDAQ: RIDE) investors to submit your losses now.

Class Period: Aug. 3, 2020 – Mar. 17, 2021
Lead Plaintiff Deadline: May 17, 2021
Visit:www.hbsslaw.com/cases/RIDE
Contact an Attorney Now:[email protected]
844-916-0895

RIDE Securities Fraud Class Action:

The complaint alleges defendants misled investors by (i) falsely touting customer pre-orders when they were non-binding agreements, (ii) concealing that many would-be customers lacked the means to make such purchases, (iii) misstating that Lordstown was “on track” to commence production of the Endurance in Sept. 2021, and (iv) omitting to disclose that the first Endurance test run resulted in the vehicle quickly bursting into flames.

Investors began to learn the truth on Mar. 12, 2021, when Hindenburg Research published a report, claiming that the 100,000 pre-orders for Lordstown’s EV truck are “largely fictitious and used as a prop to raise capital and confer legitimacy.” Hindenburg also cited significant, undisclosed production delays and a prototype that “burst into flames 10 minutes before the test drive” in Jan. 2021, substantiating claims by former employees that the company is not conducting the needed testing or validation required by the NHTSA. On this news, Lordstown shares fell by 17% in one trading day.

Before the markets opened on Mar. 18, 2021, Lordstown’s CEO, Stephen Burns, appeared on CNBC stating, “We never said we had orders. We don’t have a product yet so by definition you can’t have orders.” Lordstown shares fell approximately another 9% on this news.

More recently, on Mar. 24,

Hindenburg

hit again, 

publishing photos

 of a broken down Endurance on a tow truck during a commercial shoot last summer.  The commercial aired several days before Lordstown Motors announced its merger with SPAC DiamondPeak.

Then, on Mar. 25, 2021, Lordstown filed its annual report disclosing that the SEC has instructed the company to turn over documents relating to the SPAC merger and pre-orders of its vehicles.

“We’re focused on investors’ losses and proving Lordstown duped investors about its order book,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you are a Lordstown investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Lordstown Motors should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].


About Hagens Berman


Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.   More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895



HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Ebix (EBIX) Investors to Securities Class Action and Application Deadline, Investors with Losses Should Contact the Firm

SAN FRANCISCO, April 05, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Ebix, Inc. (NASDAQ: EBIX) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.

Class Period: Nov. 9, 2020 – Feb. 19, 2021
Lead Plaintiff Deadline: April 23, 2021
Visit:
www.hbsslaw.com/cases/EBIX
Contact An Attorney Now: [email protected]
  844-916-0895

Ebix, Inc. (EBIX) Securities Fraud Class Action:

The complaint alleges that Defendants concealed that: (1) there was insufficient audit evidence to determine the business purpose of certain significant unusual transactions in Ebix’s gift card business in India during 4Q 2020; (2) that there was a material weakness in Company’s internal controls over the gift or prepaid revenue transaction cycle; and (3) that the Company’s independent auditor, RSM, was reasonably likely to resign over disagreements with Ebix regarding $30 million that had been transferred into a commingled trust account of Ebix’s outside legal counsel.

Investors began to learn the truth on Feb. 19, 2021 when RSM abruptly resigned, stating that that “despite repeated inquiries” RSM was unable to obtain sufficient audit evidence to “evaluate the business purpose of significant unusual transactions that occurred in the fourth quarter of 2020, including whether such transactions have been properly accounted for and disclosed in the financial statements subject to the Audit.” These “unusual transactions” concerned the company’s gift card business in India.

In addition, RSM and Ebix reportedly disagreed over whether $30 million transferred to a comingled trust account of Ebix’s outside counsel should still be classified as cash on Ebix’s balance sheet, even though those funds were outside Ebix’s direct control.

On this news, the Company’s share price fell as much as $20.24, or 40%, in a single trading day.

On Mar. 8, 2021, Ebix announced it has retained KG Somani & Co. as its new auditor, that it would not file its annual report until Apr. 2021, and that Board-appointed consultants and outside legal counsel are continuing “to evaluate the payment solutions business.”

Most recently, on Mar. 11, 2021, the Company received a noncompliance letter from Nasdaq for failing to timely file its 10-K, demanding that EBIX submit a plan to regain compliance with Nasdaq’s rules by Apr. 16.

“We’re focused on investors’ losses and proving Ebix insiders cooked the company’s books,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Ebix shares and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Ebix should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].


About Hagens Berman


Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.   More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

 



Nobelpharma to Deploy StayinFront TouchRx® to Field Representatives

Fairfield, NJ, April 05, 2021 (GLOBE NEWSWIRE) — StayinFront, a leading global provider of mobile, cloud-based customer relationship management (CRM) solutions for life sciences and consumer goods organizations, announced today a multi-year agreement with Nobelpharma America, LLC, a pharmaceutical company developing critical, but neglected, pharmaceuticals and medical devices for unmet needs, to deploy its Touch Platform suite of products.

StayinFront will provide its mobile solution, StayinFront TouchRx®, to Nobelpharma’s field representatives to access critical CRM information. The solution will allow Nobelpharma representatives to use advanced targeting tools to create schedules with key healthcare providers (HCPs), use integrated Closed Loop Marketing (CLM) presentations for product details, and show responsive follow up using StayinFront Briefcase®, delivering one-on-one approved messaging with interactive surveys, videos and digital brochures. StayinFront Mobile KPIs will provide field teams, managers, and home office with the ability to track performance against key metrics such as product usage and call activity.

“We are focused on a critical segment of the healthcare provider population. StayinFront’s suite of products is unique in that it seamlessly allows Nobelpharma to target the right message to the proper audience and track activity and the important interactions,” stated Douglas Loock, Vice President, Sales and Marketing, Nobelpharma. “As a company, StayinFront has a long history of providing cost-effective, relevant solutions to the Life Sciences industry.”

“Our StayinFront Touch platform is designed to deliver flexible, cost-effective and easy-to-maintain mobile cloud products and services. We envision rapid deployment to support their growing business,” commented Ken Arbadji, Vice President Sales, North America at StayinFront.

About Nobelpharma America, LLC
Nobelpharma America, LLC is the first global subsidiary of Nobelpharma Co. Ltd., headquartered in Tokyo, Japan. Nobelpharma was founded in 2003 in Tokyo, Japan and received its first drug approval in Japan in 2008. Since then, Nobelpharma has received approvals for over 15 drugs and devices in Japan across a wide range of indications, bringing life-changing treatments to patients, caregivers, and health care providers. Nobelpharma is committed to meeting essential patient needs by developing treatments for diseases that often go overlooked because of the small number of patients affected. Nobelpharma has a societal obligation to develop therapies and devices that help improve the lives of people living with diseases with little or no other treatment options.

About StayinFront
StayinFront is a leading global provider of mobile, cloud-based field force effectiveness and customer relationship management solutions for life sciences and consumer goods organizations. Companies of all sizes, in over 50 countries use StayinFront software to streamline sales operations and reduce the complexity, time and expense associated with field efforts. StayinFront products are seamlessly integrated to provide companies with timely, accurate field data and actionable insights, enabling field reps and management to Know More, Do More and Sell More. Headquartered in Fairfield, New Jersey, StayinFront has offices in Chicago, Canada, the United Kingdom, Turkey, Ireland, Poland, India, Australia, Singapore, and New Zealand. For more details about StayinFront products and solutions, visit www.stayinfront.com.

StayinFront Contact
Ken Arbadji
Vice President of Sales, North America
+1 (973) 461-4800 x3247
[email protected]

StayinFront Media Contact
Crystal Ozsoy
Senior Marketing Manager
+1 (973) 461-4800 x3390
[email protected]



Thinking about trading options or stock in ChargePoint, General Electric, Apple, Pacific Biosciences of California, or Blink Charging?

PR Newswire

NEW YORK, April 5, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for CHPT, GE, AAPL, PACB, and BLNK.

Click a link below then choose between in-depth options trade idea report or a stock score report.

Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.

Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street’s opinion including a 12-month price forecast.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/thinking-about-trading-options-or-stock-in-chargepoint-general-electric-apple-pacific-biosciences-of-california-or-blink-charging-301262020.html

SOURCE InvestorsObserver

Thinking about trading options or stock in Invitae Corp, Tesla, Supernus Pharmaceuticals, Mohawk Group, or WW International?

PR Newswire

NEW YORK, April 5, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for NVTA, TSLA, SUPN, MWK, and WW.

Click a link below then choose between in-depth options trade idea report or a stock score report.

Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.

Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street’s opinion including a 12-month price forecast.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/thinking-about-trading-options-or-stock-in-invitae-corp-tesla-supernus-pharmaceuticals-mohawk-group-or-ww-international-301262029.html

SOURCE InvestorsObserver