PR Newswire

RADNOR, Pa., Feb. 24, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Ebix, Inc. (NASDAQ: EBIX) (“Ebix”) on behalf of those who purchased or acquired Ebix securities between November 9, 2020 and February 19, 2021, inclusive (the “Class Period”).

Investors who purchased or acquired Ebix securities

during the Class Period may, no later than April 23, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP:  James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail at

[email protected]; orclick https://www.ktmc.com/ebix-inc-securities-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=ebix

Ebix supplies infrastructure exchanges to the insurance, financial, travel, cash remittances, and healthcare industries.

The Class Period commences on November 9, 2020, when Ebix filed its quarterly report for the period ended September 30, 2020 on a Form 10-Q with the U.S. Securities and Exchange Commission, stating in relevant part that the “Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our ‘disclosure controls and procedures’ . . . [and] have concluded that these disclosure controls and procedures are effective.”

On February 19, 2021, after the market closed, Ebix revealed that its independent auditor, RSM US LLP (“RSM”), resigned “as a result of being unable, despite repeated inquiries, to obtain sufficient appropriate audit evidence that would allow it to evaluate the business purpose of significant unusual transactions that occurred in the fourth quarter of 2020” related to Ebix’s gift card business in India. RSM also stated that there was a material weakness related to Ebix’s failure to design controls “over the gift or prepaid card revenue transaction cycle sufficient to prevent or detect a material misstatement.” Additionally, Ebix and RSM disagreed over the accounting treatment of $30 million that had been transferred into a commingled trust account of Ebix’s outside legal counsel in December 2020.

Following this news, Ebix’s share price fell $20.24, or approximately 40%, to close at $30.50 on February 22, 2021.

The complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors 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 the fourth quarter of 2020; (2) there was a material weakness in Ebix’s internal controls over the gift or prepaid revenue transaction cycle; (3) Ebix’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; and (4) as a result of the foregoing, the defendants’ positive statements about Ebix’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Ebix investors may, no later than April 23, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member.  A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.


Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
(610) 667-7706
[email protected]


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SOURCE Kessler Topaz Meltzer & Check, LLP

Textron Aviation Leads in Business and General Aviation Aircraft Deliveries In 2020

Textron Aviation Leads in Business and General Aviation Aircraft Deliveries In 2020

WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation delivered nearly 560 aircraft to customers worldwide in 2020, leading the General Aviation Manufacturers Association (GAMA) annual shipments and billings report published this week. In total, Textron Aviation delivered more than a quarter of all general aviation aircraft last year. The report also reveals Textron Aviation as the world’s third largest jet manufacturer after Boeing and Airbus, while surpassing Boeing’s turbine fixed-wing deliveries 251 to 210.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005830/en/

Cessna Citation Longitude and Cessna Citation Latitude business jets (Photo: Business Wire)

Cessna Citation Longitude and Cessna Citation Latitude business jets (Photo: Business Wire)

Textron Aviation Inc., is a Textron, Inc. (NYSE: TXT) company.

According to the GAMA report, Textron Aviation was the leading business jet manufacturer, in terms of deliveries in 2020, with the Cessna Citation Latitude remaining the most-delivered midsize jet for the fifth consecutive year. The company was also the leading non-agricultural turboprop producer, with its Cessna Caravan and Beechcraft King Air turboprops leading the way.

“Leading general aviation aircraft deliveries in our industry is an honor and a testament to the trust of our customers flying Cessna and Beechcraft aircraft in nearly every part of the world,” said Ron Draper, president and CEO. “The opportunity to build aircraft for their missions, particularly during the challenges of the past year, also shows the hard work and determination of our employees, all of whom play an impactful role in the manufacturing, delivery and customer support journey.”

In 2020, Textron Aviation delivered 132 Cessna Citation business jets, with the midsize Citation Latitude topping the company’s jet deliveries for the year. The company delivered 113 Cessna and Beechcraft turboprops, led by its Caravan and King Air series aircraft. Deliveries of piston aircraft totaled 314, with the Cessna Skyhawk continuing its reign as the world’s best-selling single-engine piston.

Last year the company also achieved significant program milestones, with the first flight of the Cessna SkyCourier utility turboprop in May, and the unveilings of the Beechcraft King Air 360 and the Beechcraft King Air 260 twin-engine turboprops later in the year.

“We’re committed to always ensuring our customers are leveraging the capabilities and reliability of our aircraft, and there’s no better way to accomplish that than by continual innovation,” said Draper.

Every Textron Aviation customer and their aircraft is supported by a global network of service and parts centers, mobile service units and 24/7 1CALL AOG support.

About Textron Aviation

We inspire the journey of flight. For more than 90 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

For more information, visit www.txtav.com| www.defense.txtav.com| www.scorpionjet.com.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and demand softness or volatility in the markets in which we do business.

Christina Chamberlain


[email protected]

KEYWORDS: United States North America Canada Kansas

INDUSTRY KEYWORDS: Chemicals/Plastics Other Defense Aerospace Energy Manufacturing Insurance Finance Professional Services Defense Air General Automotive Transport Other Manufacturing Automotive Other Energy


Beechcraft King Air 360 (Photo: Business Wire)
Cessna Citation Latitude (Photo: Business Wire)
Cessna Skyhawk (Photo: Business Wire)
Cessna Citation Longitude and Cessna Citation Latitude business jets (Photo: Business Wire)

PRA HEALTH SCIENCES ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of PRAH and Encourages Investors to Contact the Firm

NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of PRA Health Sciences, Inc. (NASDAQ: PRAH) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by ICON plc (NASDAQ: ICLR).

Click here to learn more and participate in the action.

On February 24, 2021, PRA announced that it had signed an agreement to be acquired by ICON for approximately $12 billion. Pursuant to the merger agreement, PRA stockholders will receive $80 in cash and 0.4125 shares of ICON common stock for each share of PRA common stock owned. The deal is scheduled to close in the third quarter of 2021.

Bragar Eagel & Squire is concerned that PRA’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for PRA’s stockholders.

If you own shares of PRA’s and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at [email protected] or telephone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
[email protected]

Half of Americans Said a Restaurant They Loved Has Gone Out of Business Due to Pandemic

New LendingTree Report Finds Many Consumers Are Dining Out with Strings Attached

PR Newswire

CHARLOTTE, N.C., Feb. 24, 2021 /PRNewswire/ — The restaurant industry has no doubt been one of the hardest hit during the COVID-19 pandemic. In fact, half of Americans said a restaurant they loved has gone out of business in the past year, according to a LendingTree survey of more than 1,000 Americans.

Besides mandated shutdowns that forced restaurants in some areas to stay closed for periods of time, eateries are also feeling the impact of changed consumer behaviors, including those who have been avoiding or cutting back on indoor dining. 

Key findings

  • Half of Americans said a restaurant they loved has gone out of business due to the coronavirus pandemic. Shuttered eateries were even more prominent in the Northeast, where 65% of respondents said the same.
  • Seven in 10 Americans have dined indoors at least once during the coronavirus pandemic. Those most likely to dine indoors include Gen Z (83%), six-figure earners (82%) and those living in the South (75%).
  • Nearly 60% of consumers have become big tippers, including at restaurants (28%), for food delivery (26%) and/or for takeout (17%). However, 23% said they did not tip at all the last time they picked up takeout from a restaurant, and 10% didn’t tip the last time they ordered food delivery.
  • Many consumers dine out with strings attached. For example, 25% will only dine out with those in their immediate household, and 20% will only visit a restaurant if they can sit outdoors. And, they take safety protocols seriously: 41% said they’ve left a restaurant because it was overcrowded or people weren’t wearing masks.
  • A third of consumers said their stance on dining out during the pandemic has caused tension with friends or family.

“The pandemic has been an absolute catastrophe for the restaurant business,” said Matt Schulz, chief credit analyst for LendingTree, especially smaller, family-run establishments. “So many have closed and so many more are teetering on the edge and will likely continue to until we see a major decrease in COVID-19 cases and these restaurants are open to their full capacity. That’s likely not happening anytime soon.”

To view the full report, visit: https://www.lendingtree.com/credit-cards/study/favorite-restaurant-closures-pandemic/.

LendingTree commissioned Qualtrics to field an online survey of 1,023 Americans, conducted Dec. 9-11, 2020. The survey was administered using a non-probability-based sample, and quotas were used to ensure the sample base represented the overall population. All responses were reviewed by researchers for quality control.

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


Morgan Lanier

[email protected]


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SOURCE LendingTree.com

Workhorse Investor Alert: Kaplan Fox Investigates Potential Securities Fraud at Workhorse Group, Inc.

NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Workhorse Group, Inc. (“Workhorse” or the “Company”) (NASDAQ: WKHS).

The United States Postal Service’s “next generation delivery vehicle” (NGDV) search to replace its aging fleet of more than 200,000 trucks was conducted over a number of years. Final bids were submitted on July 14, 2020.

In a July 21, 2020 article published by Benzinga, Steve Schrader, Workhorse’s CFO, provided an update on the USPS contract estimated to be worth $6 billion. According to the article, “Schrader said he can’t discuss too much about the process at this point, but Workhorse is the only all-electric option” and Schrader reportedly stated “[w]hat I will say is our all-electric is probably the perfect vehicle for them. . . .”

Then, on February 23, 2021, USPS awarded its contract to finalize the design of the NGDV and assemble 50,000 to 165,000 vehicles over 10 years to Oshkosh Defense, beating electric-vehicle maker Workhorse. According to the USPS press release, “the vehicles will be equipped with either fuel-efficient internal combustion engines or battery electric powertrains and can be retrofitted to keep pace with advances in electric vehicle technologies.”

On February 23, 2021, following the news that Workhorse was passed over for the USPS contract, Workhorse shares fell by more than 47%, about $14.9 per share, to close at $16.465 per share on February 23, 2021.

If you purchased or otherwise acquired Workhorse securities and would like to discuss our investigation, please contact us by emailing [email protected] or by calling (646) 315-9003.

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

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about this investigation, your rights, or your interests, please contact:

Frederic S. Fox
850 Third Avenue, 14th Floor
New York, New York 10022
(646) 315-9003
E-mail: [email protected]

Laurence D. King
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: [email protected]

PolarisRZR Factory Racing Prevails at the Parker 250

PolarisRZR Factory Racing Prevails at the Parker 250

Guthrie scores win for RZR Factory Racing at the 2021 Tensor Tire Parker 250

The RZR Factory Racing team successfully showcased why they are the most winning brand in UTV racing at the 2021 Parker 250, the first round of the Best In The Desert series, in Parker, Ariz., by winning the stacked UTV Turbo class, as well as the UTV field overall. Mitch Guthrie Jr. and his Polaris RZR Pro XP came from behind to beat the entire field on the day, capturing the UTV Overall win on the weekend.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005380/en/

(Photo: Harlen Foley)

(Photo: Harlen Foley)

“The Parker 250 was a race we won’t forget for a while,” said Brett Carpenter, Manager of RZR Factory Racing. “Team RZR showed up eager to get the season started and we came away with a big win. Mitchie was on absolute rails all day and made a huge statement to kick the season off. I couldn’t be prouder of the whole team.”

In response to COVID-19 protocols, the 2021 Parker 250 race course was changed back to its more original layout, which consisted of four demanding 60+ mile loops. Cold and windy weather created challenging racing conditions easy and made visibility and a good, clean start more important than normal. For Guthrie, racing the Parker 250 was a decision that came late and as a result, would require him to start in 53rd position after missing the draw the week prior. Despite his starting position, Guthrie reminded the UTV racing world why he is one of the most talented and decorated UTV racers in the sport.

Throughout the race, Guthrie’s methodical driving allowed him to make significant progress with each lap he completed, making quick work of the competition throughout the 250-mile race course. As lap traffic and visibility became a factor after lap one, Guthrie used his technical driving skills to push his RZR Pro XP towards the front for the next three laps. With a total finishing time two minutes ahead of the second-place racer, Guthrie completed the Parker 250 with a winning time of four hours and forty-two minutes.

“We really didn’t know if we were going to make it to Parker due to the uncertainty of my schedule, but once we decided we were in, we went all in,” said Guthrie. “This Pro XP was absolutely flawless all race. It’s the same RZR I raced at King of the Hammers a few weeks ago, so that’s a testament to what this platform is capable of. To come out here and start dead-last, then take the overall at the first BITD race of the year feels amazing. We’re ready for Laughlin!”

Polaris RZR Factory Racing will be back in action at round one of the TexPlex Racing Series, held at TexPlex Park in Midlothian, Texas on March 6.

More information about Polaris Off-Road Vehicles and Polaris Engineered Accessories can be found at RZR.Polaris.com. Also, join the conversation and follow RZR on Facebook, Instagram and Twitter.

About Polaris

As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual 2020 sales of $7.0 billion, Polaris’ high-quality product line-up includes the Polaris RANGER, RZR and GENERAL side-by-side off-road vehicles; Sportsman all-terrain off-road vehicles; Indian Motorcycle mid-size and heavyweight motorcycles; Slingshot moto-roadsters; snowmobiles; and deck, cruiser and pontoon boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, garments and accessories, along with a growing aftermarket portfolio, including TransAmerica Auto Parts. Polaris’ presence in adjacent markets includes military and commercial off-road vehicles, quadricycles, and electric vehicles. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com.

Neil Storz

[email protected]

KEYWORDS: United States North America Canada Minnesota Arizona Texas

INDUSTRY KEYWORDS: Sports Alternative Vehicles/Fuels Automotive Automotive Manufacturing Motor Sports Performance & Special Interest Manufacturing Off-Road Trucks & SUVs


(Photo: Harlen Foley)

March 1 Bike New York forum with NYC mayoral candidates

Public forum (via Zoom) with NYC mayoral candidates on policies to promote bicycling and protect bike riders

New York City, Feb. 24, 2021 (GLOBE NEWSWIRE) — The forum will be a discussion with mayoral contenders on street design and management policies regarding the city’s bike lane network, bike lane design and enforcement, construction of greenways, the future of open streets, bicycle parking, structuring city programs and agencies to deliver a bike-friendly city.

Six candidates are confirmed as of Weds Feb 24, with additional candidates likely: Eric Adams, Shaun Donovan, Kathryn Garcia, Ray McGuire, Scott Stringer, Andrew Yang. Moderator/interviewer is Bike New York’s Jon Orcutt, a veteran transportation reform advocate and former city transportation official.

The forum opens at 6:30pm Monday March 1. Candidates will speak and answer questions in series for 20-25 minutes in these time slots:

Garcia 6:30:00 PM

Stringer 7:00:00 PM

Adams 7:30:00 PM

Donovan 8:00:00 PM

Yang 8:30:00 PM

McGuire 9:00:00 PM


Jon Orcutt
Bike New York
[email protected]

Centro Acquires AI-Driven Search Advertising and Marketing Intelligence Platform QuanticMind

Strengthens Robotic Process Automation in Basis, Centro’s Omnichannel Ad Management Platform

CHICAGO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Centro (www.centro.net), a global provider of enterprise automation technology, announced the acquisition of QuanticMind (https://quanticmind.com), a developer of predictive advertising technology for digital channels. QuanticMind’s martech platform utilizes artificial intelligence (AI) and machine learning to unify and analyze data, which powers its software for search, keyword bid management, and marketing intelligence visualization.

Basis, Centro’s flagship automation platform for marketers, is the industry’s most comprehensive, automated, and intelligent digital media platform, and the only software solution of its kind to consolidate digital operations across programmatic, direct, connected TV (CTV), search, and social campaigns. It delivers robotic process automation to omnichannel advertising and media workflow. Integrating QuanticMind strengthens Basis by providing:

  • A paid search ad platform utilizing predictive analytics algorithms for keyword bid management optimization on search engines, shopping, and retail sites.
  • A marketing intelligence platform for consolidating disparate data sources into easily accessible dashboards and visualizations.
  • A customer data platform (CDP) that enables ID resolution by unifying and centralizing customer data.

“Centro is far ahead in building for marketers the most comprehensive omnichannel digital advertising platform. QuanticMind drives our vision by enabling us to weave PPC and search advertising seamlessly alongside all other digital capabilities,” Shawn Riegsecker, CEO of Centro. “Embedding QuanticMind’s best-in-class data science, AI-driven algorithms, and SEM software with the proven benefits of workflow automation and programmatic advertising in Basis takes us one step further to completing our vision of a singular, unified platform helping advertising agencies and marketers save time, money and resources by eliminating data and process silos through improved organization and automation of critical functions.”

Basis is a software-as-a-service (SaaS) offering with fully-integrated essential elements for marketers: media governance through workflow automation tools, programmatic advertising through its top user-rated demand side platform (DSP), and business intelligence through a data analytics engine. More than 500 agencies and marketers have implemented Basis since its launch in 2018 with more than $1.5 billion in digital ad spend being facilitated through it. Learn more at: https://www.centro.net/solutions/basis.

QuanticMind originated in 2011 with an intelligent keyword bid-management platform, which ingests data from disparate marketing tools generating improved search and PPC performance using proprietary machine learning to optimize marketing performance. Centro is infusing it with additional resources to continue development, innovation and support for its customers.

QuanticMind was represented by investment bank Nfluence Partners. QuanticMind’s 30 employees are now part of Centro’s renowned workplace culture. Centro’s 700 team members across 44 offices cover North America, South America and Europe. As Centro integrates systems, adds capabilities and improves features, it is continuing to grow with plans to hire more than 150 new team members across its product, engineering, data science, operations and sales teams. Explore careers at: https://www.centro.net/company/careers.

About Centro

Centro (https://www.centro.net) is a provider of ERP and automation software for digital advertising teams and organizations. Its technology platform, Basis, is the first of its kind SaaS advertising solution unifying programmatic and direct media buying, along with workflow automation, cross-channel campaign planning, universal reporting and business intelligence. It streamlines business operations and optimizes advertising performance by enabling marketers to plan, buy and analyze real-time bidding (RTB), direct, advanced TV, search and social campaigns in a single platform. Headquartered in Chicago with 44 offices covering North America, South America and Europe, Centro has received numerous accolades for its commitment to employees and workplace culture.

Anthony Loredo
[email protected]

Photos accompanying this announcement are available at


A video accompanying this announcement is available at 

CURRENT SHAREHOLDERS: Zamansky LLC Investigates Infinity Q Capital Management LLC Funds (IQDAX, IQDNX) for Potential Misconduct

CURRENT SHAREHOLDERS: Zamansky LLC Investigates Infinity Q Capital Management LLC Funds (IQDAX, IQDNX) for Potential Misconduct

Zamansky LLC announces that it is investigating Infinity Q Capital Management LLC (“Infinity Q”) for potential misconduct, misrepresentations, and security law violations relating to the valuation of the fund’s assets. If you are an investor who has invested in mutual funds managed by Infinity Q, including Infinity Q Diversified Alpha Fund Institutional Class shares (NASDAQ: IQDNX) or Infinity Q Diversified Alpha Fund Investor Class shares (NASDAQ: IQDAX), please contact our firm for information.

Recently, Infinity Q announced that its Chief Investment Officer made changes to its methodology for valuing certain assets held by its funds and that “it was unable to conclude that these adjustments were reasonable, and, further, that [Infinity Q] was unable to verify that the values it had previously determined for the [assets] were reflective of fair value.” As a result, Infinity Q has sought to suspend redemptions. According to the Wall Street Journal, Infinity Q’s halting of redemptions “suggests severe problems at the firm.”

According to Jake Zamansky, investment fraud attorney, Infinity Q owes the funds that it manages and the investors in those funds duties of honesty and care. “The recent announcements about valuation changes raise significant concerns for investors,” Zamansky says. “Our law firm is investigating whether there have been misrepresentations to investors regarding Infinity Q funds or other illegal conduct that has harmed Infinity Q investors.”

What Infinity Q Investors Can Do

If you have invested in funds managed by Infinty Q, please contact us to review or discuss your legal rights. You may, without obligation or cost to you, email [email protected] or call the law firm at (212) 742-1414.

About Zamansky LLC

Zamansky LLC is a leading investment fraud law firm with experience handling securities, hedge fund, ERISA and other shareholder class action and derivative litigation. We are investment fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.

To learn more about Zamansky LLC, please visit our website, http://www.zamansky.com.

Zamansky LLC

50 Broadway – 32nd Floor

New York, NY 10004

Jake Zamansky, 212-742-1414

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Legal Professional Services


CIBC further invests in Black leaders, changemakers and entrepreneurs

Canada NewsWire

Commitment doubles community funding, and is aimed at enabling the next generation and
Business owners to achieve their ambitions

TORONTO, Feb. 24, 2021 /CNW/ – CIBC announced today that it is furthering its commitment to addressing anti-Black systemic racism and enabling the aspirations of Black leaders, changemakers and entrepreneurs by doubling funding for education and resource programs for the Black community to $2 million annually. This includes the creation of a scholarship program, and the opportunity for internship and mentorship experiences, aimed at supporting members of the Black community in achieving their ambitions. 

In addition, CIBC has launched a new banking program designed for Black-owned businesses that provides solutions, advice and resources tailored to their unique banking needs. This follows CIBC’s launch of Biz Hub in 2020, a new online resource dedicated to helping business owners access the advice they need to start and grow their business.  

“Addressing, and ultimately ending, anti-Black systemic racism in all its forms is an imperative to having a truly inclusive society and economy,” said Victor Dodig, President and CEO, CIBC. “Systemic racism diminishes us all and CIBC is committed to taking concrete steps that remove barriers, provide a helping hand, and enable the ambitions and success of members of the Black community. For our bank and society as a whole, our human capital is one of our greatest strengths; tackling the inequities that exist today is essential for our shared success and prosperity.”

The bank is working closely with CIBC’s Black Employee Network and external partners to direct the increased financial support. Notably CIBC will be partnering with the BlackNorth Initiative to design a high impact scholarship program that will provide a path from secondary school to post-secondary education, setting youth up to achieve their career goals. Further details will be announced as this unique initiative is finalized.

In addition, CIBC is also focused on supporting Black entrepreneurs as they start, run and grow their businesses. This includes the launch of CIBC’s new banking program for Black-owned businesses in Canada which provides access to expert advice, tailored banking solutions and financing designed to remove barriers for entrepreneurs and business owners from the Black community. 

Also as part of CIBC’s commitment to the Black community, the bank is supporting the Government of Canada’s Black Entrepreneurship Program which will provide lending capital for the Black Entrepreneurship Loan Fund. The Fund will make loans available to business owners and entrepreneurs from the Black community to support their growth and success. 

As part of this enhanced commitment, CIBC will provide a donation to support the Black Opportunity Fund to further opportunities for entrepreneurs and members of the Black community.

Today’s announcement builds on a number of other measures and initiatives that CIBC has underway to foster greater inclusion and support meaningful change, including:

  • CIBC partnered with the BlackNorth Initiative to launch the CEO Pledge, a call-to-action to commit to specific actions and targets designed to create opportunities for the Black community. Victor Dodig is a Co-Chair of the Initiative.
  • In addition to becoming a signatory of the BlackNorth Initiative CEO Pledge, CIBC publicly committed to actions to help end anti-Black systemic racism, including: growing the representation of Black executives to 4% by 2023; increasing our annual investment in the Black community; and ensuring that at least 5% of student recruitment is from the Black community.
  • To help us hire, advance and retain talent from the Black community, CIBC has launched a multi-year partnership with Black Professionals in Tech (BPTN), an organization bridging the network gap between Black professionals and career opportunities across North America. This partnership will increase our learning and awareness of the Black experience in tech, as well as expand our networks, diversify our talent pipeline and create opportunities for our people leaders to provide mentorship.
  • We’ve also partnered with Onyx Initiative, not-for-profit designed to address the gap that exists in the recruitment and selection of college and university students from the Black community for roles in corporate Canada. The initiative recently announced the launch of their first cohort for their Scholars Program which will provide training, mentoring and coaching to 170 participants. CIBC also continues our partnership with the Canadian Association of Urban Financial Professionals (CAUFP).
  • We leveraged our 10 People Networks to uncover the unique needs of employees and clients through holding dozens of virtual ‘listening exercises’. These included sessions with team members from the Black community amid the protests following incidences of violence that highlighted the continued prevalence of anti-Black systemic racism in North America.

To learn about the banking program for Black-owned businesses visit:

EN: https://www.cibc.com/en/business/banking-for-black-owned-businesses.html

FR: https://www.cibc.com/fr/business/banking-for-black-owned-businesses.html

To learn more about why you belong at CIBC, please visit: https://www.cibc.com/inclusion

 About CIBC

CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.