Nasdaq to Hold First Quarter 2021 Investor Conference Call

NEW YORK, March 18, 2021 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) has scheduled its First Quarter 2021 financial results announcement.

WHO: Nasdaq’s CEO, CFO, and additional members of its senior management team
   
WHAT: Review Nasdaq’s First Quarter 2021 financial results
   
WHEN:  Wednesday, April 21, 2021
Results Call: 8:00 AM Eastern

Senior management will be available for questions from the investment community following prepared remarks.

All participants can access the conference via webcast through the Nasdaq Investor Relations website at: http://ir.nasdaq.com/. An audio replay of the conference will be available after the call on the Nasdaq Investor Relations website or by dialing 855-859-2056 (U.S.) or 404-537-3406 (International); Conference ID: 6783237.

Note: The press release for the First Quarter 2021 results will be posted on the Nasdaq Investor Relations website at http://ir.nasdaq.com/ on Wednesday, April 21, 2021 at approximately 7:00 AM Eastern.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

Nasdaq Media Relations Contact:

Joseph Christinat
+1.646.441.5121
[email protected]

Nasdaq Investor Relations Contact:

Ed Ditmire, CFA
+1.212.401.8737
[email protected]

-NDAQF-



Arcutis Announces First Patient Enrolled in Phase 2a Clinical Trial Evaluating ARQ-252 as a Potential Treatment for Vitiligo

  • ARQ-252 is a potent and highly selective topical JAK1 inhibitor offering potential safety advantages over less selective JAK inhibitors
  • Topline data anticipated second half 2023
  • Vitiligo affects approximately 1.3 million patients in the U.S.

WESTLAKE VILLAGE, Calif., March 18, 2021 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology, today announced enrollment of the first patient in a Phase 2a clinical trial evaluating ARQ-252 as a potential treatment for vitiligo. ARQ-252 is a potent and highly selective topical small molecule inhibitor of Janus kinase type 1 (JAK1).

“Initiation of this clinical trial marks an important milestone toward addressing the unmet need for new treatments for a chronic skin disease that can negatively impact a patient’s quality of life,” said Patrick Burnett, M.D., Ph.D., FAAD, Arcutis’ Chief Medical Officer. “Approximately 1.3 million people in the U.S. suffer from vitiligo, and there is currently no FDA-approved treatment. Physicians typically use off-label combinations of older agents, but these options generally lead to only limited improvement, and most patients are dissatisfied with their treatment options. Early data with other topical JAK inhibitors suggest this target is effective in treating vitiligo, and ARQ-252 has demonstrated robust potency and high selectivity for JAK1 over JAK2, thereby giving it the potential to deliver efficacy without causing the side effects typical of other less selective JAK inhibitors. This Phase 2a study will evaluate ARQ-252 in combination with at-home narrowband UVB phototherapy, and it is our hope that this approach can provide meaningfully better efficacy to patients with this very challenging condition.”

This Phase 2a study is a parallel group, double blind, vehicle-controlled study of the safety and efficacy of ARQ-252 0.3% cream either with or without narrowband UVB (NB-UVB) phototherapy treatment in approximately 500 subjects with non-segmental facial vitiligo. The primary endpoint of the study is the proportion of subjects achieving Facial Vitiligo Area Scoring Index-75 (F-VASI-75), which is ≥ 75% improvement from baseline in F-VASI at week 24.

Arcutis is also developing ARQ-252 0.3% cream as a potential treatment for chronic hand eczema and expects to report topline data from a Phase 1/2b study in mid-2021. In October 2020, Arcutis announced that enrollment had been completed in this Phase 1/2b study to assess the safety and efficacy of ARQ-252 0.1% cream once daily and ARQ-252 0.3% cream once daily or twice daily versus vehicle applied once daily or twice daily for 12 weeks to patients with chronic hand eczema.

About Vitiligo

Vitiligo is an auto-immune condition that occurs in as much as 1% of the U.S. population and is characterized by the loss of natural skin color or discolored patches on various parts of the body, including hair and mucous membranes. The cause of vitiligo is unknown but results when the skin’s pigment producing cells (melanocytes) are targeted by the body’s immune system. Vitiligo often starts on the hands, feet, or face and is typically progressive. It is a skin disease that affects people of all skin types but may be more noticeable in people with darker skin. Because of the effect on the person’s appearance, vitiligo can be life-altering and can have a substantial negative impact on the psychological well-being of patients and reduce quality of life. Vitiligo can lead to a poor body image, causing individuals to feel embarrassed or anxious about their skin and withdraw from social activities.

About ARQ-252
ARQ-252 is a potent and highly selective topical, small molecule inhibitor of Janus kinase type 1 (JAK1). Many inflammatory cytokines and other signaling molecules rely on the JAK pathway, and specifically JAK1, which plays a central role in immune system function. Inhibition of JAK1 has been shown to treat a range of inflammatory diseases, including rheumatoid arthritis, Crohn’s disease, and atopic dermatitis. The Company believes that due to its high selectivity for JAK1 over JAK2, ARQ-252 has the potential to effectively treat inflammatory diseases without causing the hematopoietic adverse effects typically associated with JAK2 inhibition. In 2018, Arcutis exclusively licensed the active pharmaceutical ingredient in ARQ-252 for all topical dermatological uses in the United States, Europe, Japan and Canada from Jiangsu Hengrui Medicine Co., Ltd. of China. In mid-2019, Hengrui completed a Phase 2b study in rheumatoid arthritis that used the same active pharmaceutical ingredient as in ARQ-252 but dosed orally. The results confirmed that this active pharmaceutical ingredient is a highly potent inhibitor of JAK1 based on the drug’s impact on rheumatoid arthritis, and was generally well tolerated at exposures well above those expected with topical administration of ARQ-252 in patients with chronic hand eczema. In 2020, Reistone Biopharma, a subsidiary of Hengrui, announced positive topline results from a Phase 2 clinical trial evaluating the oral version of the active ingredient in ARQ-252 for the treatment of moderate-to-severe atopic dermatitis. Reistone Biopharma is also studying the oral formulation as a potential treatment for alopecia areata, Crohn’s disease, and ulcerative colitis.

About Arcutis – Bioscience, applied to the skin.

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology. The company is leveraging recent advances in immunology and inflammation to develop differentiated therapies against biologically validated targets to solve persistent treatment challenges in serious diseases of the skin. Arcutis’ robust pipeline includes four novel drug candidates currently in development for a range of inflammatory dermatological conditions. The company’s lead product candidate, topical roflumilast, has the potential to become the standard of care for plaque psoriasis, atopic dermatitis, scalp psoriasis, and seborrheic dermatitis. For more information, visit www.arcutis.com or follow the company on LinkedIn and Twitter.

Forward Looking Statements


This press release contains “forward-looking” statements, including, among others, statements regarding ARQ-252’s potential as a treatment for vitiligo; and expectations with regard to the timing of the Phase 2 clinical trial. These statements involve substantial known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements and you should not place undue reliance on our forward-looking statements. Risks and uncertainties that may cause our actual results to differ include risks inherent in the clinical development process and regulatory approval process, the timing of regulatory filings, and our ability to defend our intellectual property. For a further description of the risks and uncertainties applicable to our business, see the “Risk Factors” section of our Form 10-Q filed with U.S. Securities and Exchange Commission (SEC) on November 5, 2020, as well as any subsequent filings with the SEC. We undertake no obligation to revise or update information herein to reflect events or circumstances in the future, even if new information becomes available.

Investors and Media:

Heather Rowe Armstrong
Vice President, Investor Relations & Corporate Communications
[email protected]
805-418-5006, Ext. 740



BTCS Ethereum 2.0 Staking Operation Producing Revenues From All 200 Nodes


Launching additional 40 nodes, increasing total staked to 7,680 ETH valued at approx. $13.8M

Silver Spring, MD, March 18, 2021 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced its recently expanded transaction verification services operation on ethereum 2.0 is fully operational with all 200 nodes generating revenue. The Company expects to launch an additional 40 nodes, expanding its staking operation to 240 nodes, with the additional nodes anticipated to commence revenue generation before the end of March 2021.

$1.1 Million Revenue Potential from Current Staking Operation

The Company has staked a total of 7,680 ETH in its ethereum 2.0 transaction verification services operation, which has the potential to generate $1.1 million in annual revenue with gross margins exceeding 95%, according to a third-party calculator (https://beaconscan.com/staking-calculator).

“We originally set a goal of actively generating revenue from 100 nodes by the end of March 2021. I am excited to report that this goal has been exceeded as BTCS is now actively generating revenue from 200 nodes, and has another 40 expected to come online shortly” stated Charles Allen, Chief Executive Officer of BTCS.

Expanding Transaction Verification Services Business

Allen continued, “We plan to scale up our transaction verification services business line to operate nodes and secure and validate transactions on other disruptive blockchains that we believe allow for greater revenue potential than ethereum.”

Staking-as-a-Service Platform Development

BTCS is actively exploring development of a proprietary staking-as-a-service platform that would enable clients to stake and delegate supported cryptocurrencies through the Company’s platform.

“In addition to the ongoing development of our proprietary data analytics platform, we plan to develop a unique staking-as-a-service platform that will provide additional revenue growth opportunities as “proof-of-stake” verification protocols become increasingly widespread,” added Allen.

On December 1, 2020, ethereum began transitioning to a “proof-of-stake” protocol, ethereum 2.0. Under the “proof-of-stake” consensus algorithm, ETH holders have the exclusive right to operate validator nodes on the network and verify transactions, thereby earning transaction fees for their work. BTCS is the first public company in the US to run validator nodes on ethereum 2.0.

About BTCS:

BTCS is an early entrant in the digital asset market and one of the first U.S. publicly traded companies focused on digital assets and blockchain technologies. The Company through its transaction verification services business actively verifies and validates blockchain transactions and is rewarded with digital assets for its work. The Company is also developing a proprietary digital asset data analytics platform that allows users to consolidate their crypto trades from multiple exchanges onto a single platform, enabling users to view and analyze their performance, risk metrics, and potential tax implications. The Company employs a digital asset treasury strategy with a primary focus on disruptive non-security protocol layer assets such as bitcoin and ethereum. For more information visit: www.btcs.com.

Forward-Looking Statements:

Certain statements in this press release, constitute “forward-looking statements” within the meaning of the federal securities laws including statements regarding our belief regarding the potential revenue and gross margins from our transaction verification services business, our plans for our transaction verification services business, revenue potential and growth, and plans for a staking-as-a-service platform. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation the rewards and costs associated with validating transactions on proof-of-stake blockchains, the third-party calculators failure to be accurate in its formulas, significant decrease in value of ETH and rewards while locked up, loss or theft of the private withdrawal keys resulting in the complete loss of ETH and reward, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2020. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
[email protected]



MoneyGram Announces Agreement to Join Pay+ Mobile Wallet to Expand Digital Presence in the Middle East

Through this partnership with Ooredoo Oman and the National Bank of Oman, Pay+ mobile wallet users will be able to send money in near real-time across the MoneyGram global network of over 200 countries and territories

Pay+ is a first-to-market development that will empower consumers in Oman to transfer money internationally as well as make deposits, withdrawals and bill payments

PR Newswire

DALLAS, March 18, 2021 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced it signed an agreement to launch its leading international money transfer capabilities on Pay+, a mobile wallet powered by Ooredoo Oman and the National Bank of Oman (NBO). Pay+ is a first-to-market development that will empower consumers in Oman to make deposits, withdrawals, bill payments and local and international money transfers. This partnership will give customers the ability to use the mobile wallet to transfer money in near real-time with access to the MoneyGram global distribution network which spans over 200 countries and territories.

“Consumer demand for real-time payments and mobile wallets continues to surge, so this expansion with one of our largest and fastest growing digital partners is yet another milestone on our journey to lead the evolution of digital P2P payments,” said Alex Holmes, MoneyGram Chairman and Chief Executive Officer. “As our digital partners are increasingly looking to utilize our modern, mobile and API-driven infrastructure, this integration through Pay+ will provide scale to its existing digital offerings and instant access to our cross-border payments and money transfer services.”

This strategic partnership expansion will build upon the strong momentum MoneyGram has already developed in the Middle East market and further accelerate digital growth as the Company plans to expand its customer-centric capabilities to Oman, one of the largest markets in outbound international remittances.

“This major, first-to-market, development will change the way customers transfer money,” said Ian Dench, Chief Executive Officer at Ooredoo. “Pay+ was designed with customer needs in mind and together with our partners, MoneyGram and NBO, the ground-breaking mobile wallet will continue to set standards in the Sultanate’s evolving digital payments ecosystem.”

“As we successfully execute our strategy to accelerate digital growth and expand access to mobile wallet capabilities, consumers around the world are seeing the value in our digital transformation,” said Grant Lines, MoneyGram Global Chief Revenue Officer. “Through this upcoming launch, we are doubling down our efforts in key send corridors such as Oman and, in turn, providing new and innovative technologies and more digital payment options to consumers around the globe.”

The partnership is expected to be live for consumers in the next month.

About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 90 now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit MoneyGram.com and follow @MoneyGram.

About Ooredoo Oman
Omani Qatari Telecommunications Company SAOG (“Ooredoo”) was founded and registered in the Sultanate of Oman in December 2004. Services were launched its service in March 2005, originally operating under the name Nawras.  As Oman’s data experience leaders, Ooredoo provides individuals and businesses with cutting edge digital products and services, so that customers can enjoy the internet. Ooredoo generated revenues of OMR 285.5 million as of 31 December 2019 and is listed on the Muscat Stock Market (MSM) under the “ORDS” ticker.

About Ooredoo
Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. Serving consumers and businesses in 10 countries, Ooredoo delivers the leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks. Ooredoo generated revenues of USD 8.2 billion as of 31 December 2018. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange. 

About National Bank of Oman
NBO, the first local commercial bank in the Sultanate of Oman, was founded in 1973 and is today one of the leading banks in Oman. The Bank serves its customers in Oman through 60 Branches, more than 180 ATM/FFM/CCDMs as well as two Branches in U.A.E.

The Bank is committed to community improvement through its corporate citizenship programs and is an active supporter of a range of worthy causes in Oman, with emphasis on health and human services, civic, education, environment, youth, women, arts and culture.

MoneyGram Media Contact

Stephen Reiff

[email protected] 

Ooredoo Media Contacts

Emily Shotter

[email protected]                                          

Sudipta Dasgupta

[email protected] 

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SOURCE MoneyGram

TMX Group CEO John McKenzie to Present at the Virtual 19th Annual National Bank Financial Services Conference

Canada NewsWire

TORONTO, March 18, 2021 /CNW/ – TMX Group CEO John McKenzie will present at the virtual 19th annual National Bank Financial Services Conference on Thursday, March 25, 2021 at 3:15 – 3:40 p.m. ET.                            

A link to the webcast will be available and archived in TMX’s shareholder events section.


About TMX Group (TSX:X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

SOURCE TMX Group Limited

FICO Hosts Free Virtual Financial Education Event for Chicago Consumers

FICO Partnering with National and Local Nonprofits for the “Score A Better Future” Event

PR Newswire

CHICAGO, March 18, 2021 /PRNewswire/ — Leading analytics software firm FICO (NYSE:FICO), will host a free financial education online event for Chicago consumers on March 23 to provide attendees with knowledge and tools to gain better insight into their financial health.

The event is part of FICO’s “Score A Better Future” program, which focuses on helping consumers improve their understanding of their credit and overall financial health. Consumers will learn from credit experts what the key ingredients are that make up the FICO® Score and the myths and facts about FICO Scores, which are used by 90% of top lenders.

“The Score A Better Future virtual event is designed to demystify credit and give consumers the tools to better understand their financial health. Financial education is so important to helping people reach their financial goals and we look forward to bringing this program to Chicago,” said Joanne Gaskin, vice president of Scores and Analytics at FICO.

FICO has partnered with Operation HOPE to provide attendees with the opportunity to make appointments for free one-on-one credit coaching from non-profit financial well-being coaches to help attendees develop a plan to address their financial goals.

Other FICO partners for the event include:

  • Consumer Action
  • National Urban League
  • National Consumers League
  • NAREB
  • Diversified Resource Network
  • National Association of Women Business Owners
  • US Hispanic Chamber of Commerce
  • National Association of Women Business Owners
  • Illinois Black Chamber of Commerce
  • Chicago Foundation for Women
  • YWCA – Metropolitan Chicago
  • Chicago Urban League
  • Chicagoland Black Chamber of Commerce
  • Hispanic Business Network of Chicago
  • Chatham Business Association
  • Illinois Hispanic Chamber of Commerce

To register for the event or get more information about the Score A Better Future program, visit http://www.scoreabetterfuture.com/

Who:  FICO and Operation HOPE credit counselors

What: Score A Better Future is a free community education and financial empowerment program by FICO in partnership with local and national nonprofits.

When: Tuesday, March 23, 2021 from 12:00-1:15 pm CDT

Where:  http://www.scoreabetterfuture.com/ (Virtual link to webinar provided upon registration)


About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time. Learn more at http://www.fico.com

Join the conversation at https://twitter.com/fico, https://www.facebook.com/FICODecisions/ and https://www.instagram.com/FICOscores/.

 

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SOURCE FICO

UAVS INVESTOR DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against AgEagle Aerial Systems, Inc.

PR Newswire

NEW YORK, March 18, 2021 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of AgEagle Aerial Systems, Inc. (“AgEagle” or the “Company”) (NYSE: UAVS) from September 3, 2019, through February 18, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934.

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

The complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose to investors: (1) AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon; (2) rather than correct the public’s understanding about a partnership with Amazon, defendants were actively contributing to the rumor that AgEagle had a partnership with Amazon; and (3) as a result, defendants statements about AgEagles business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On February 18, 2021, Bonitas Research published a report revealing that AgEagle “was a pump & dump scheme orchestrated by… AgEagle founder and former chairman Bret Chilcott and other UAVS insiders to defraud US investors.” On this news, shares of AgEagle, fell $5.13, or 36.4%, to close at $8.96 on February 18, 2021.

If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased AgEagle securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/ageagleaerialsystemsinc-uavs-shareholder-class-action-lawsuit-stock-fraud-367/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

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

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

Contact Information

Matthew E. Guarnero

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

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SOURCE Bernstein Liebhard LLP

AQST INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Against Aquestive Therapeutics, Inc.

PR Newswire

NEW YORK, March 18, 2021 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Aquestive Therapeutics, Inc. (“Aquestive” or the “Company”) (NASDAQ: AQST) from December 2, 2019, through September 25, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the District of New Jersey alleges violations of the Securities Exchange Act of 1934.

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

The complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose to investors: (i) data included in the Libervant NDA submission showed a lower drug exposure level than desired for certain weight groups; (ii) the foregoing significantly decreased the Libervant NDA’s approval prospects; (iii) as a result, it was foreseeable that the FDA would not approve the Libervant NDA in its current form; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On September 25, 2020, Aquestive announced receipt of a Complete Response Letter (“CRL”) from the FDA indicating that the review cycle for the Libervant NDA was complete but the application could not be approved in its current form. Specifically, Aquestive advised investors that “[i]n the CRL, the FDA cited that, in a study submitted by the Company with the NDA, certain weight groups showed a lower drug exposure level than desired. The Company intends to provide to the FDA additional information on PK modeling to demonstrate that dose adjustments will obtain the desired exposure levels.”

On this news, Aquestive’s stock price fell $2.64 per share, or 34.69%, to close at $4.97 per share on September 28, 2020.

If you wish to serve as lead plaintiff, you must move the Court no later than April 30, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Aquestive securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/aquestivetherapeuticsinc-aqst-shareholder-class-action-lawsuit-stock-fraud-369/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

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

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

Contact Information

Matthew E. Guarnero

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

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SOURCE Bernstein Liebhard LLP

Retirement Leaders’ Consortium Chooses SS&C to Support Guaranteed Income Solution

SS&C’s Retirement Income Clearing & Calculation Platform (RICC) streamlines servicing, distribution and portability for revolutionary QDIA product with all recordkeepers

PR Newswire

WINDSOR, Conn., March 18, 2021 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that a consortium of leading retirement firms has selected SS&C Retirement Solutions to support the distribution and servicing of its in-plan guaranteed income solution, “Income America™ 5ForLife”. The solution will deliver retirement plan participants guaranteed monthly income throughout their retirement.*

The “Income America” consortium includes American Century Investments, Lincoln Financial Group, Nationwide, Prime Capital Investment Advisors, Wilmington Trust, N.A., and Wilshire. Income America 5ForLife is a series of target-date portfolios with an in-plan Guaranteed Lifetime Withdrawal Benefit. SS&C’s technology, the Retirement Income Clearing & Calculation Platform, is the middleware between record-keepers and insurers performing all accounting and product servicing to efficiently distribute the Income America product offering to plans and participants across multiple record-keeping platforms.

“Income America aims to transform the retirement industry with in-plan lifetime income guarantees. To do so, the income solutions we offer have to be easy to access, distribute and transfer for the record-keeper, retirement plan, advisor and participant,” said Matthew Wolniewicz, President, Income America. “SS&C’s RICC platform offers a simple but elegant solution for the complex management of these products.”

RICC enables record-keepers to own the participant experience while providing web services to guide participant transaction decisions, present guaranteed benefit projections and support integrated account statement services. Functioning as a central data repository for income benefits, RICC supports portability and conversions as participants’ benefits move among record-keepers and to companion IRAs.

“RICC is specifically designed to be the single point of connection for record-keepers, eliminating the need for plan administrators to invest in new technology to support the servicing of innovative product solutions like Income America ,” said John Geli, President, SS&C Retirement Solutions. “We are excited to work with our partners to support the growth and servicing of participant income solutions in this evolving new market.”

*
Guarantees are subject to the claims-paying ability of the issuing companies. The income guarantee is based on the income base at age 65, which is set to the greater of the market value or total contributions (less withdrawals) to date. The market value of the account is never guaranteed and fluctuates based on investment performance. While the market value of the account can be withdrawn at any time without any fees or penalties, doing so will cause the loss of the income guarantee.

About Income America Consortium

About American Century Investments

American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives. Founded in 1958, American Century Investments’ 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in New York; London; Hong Kong; Frankfurt; Sydney; Los Angeles; Mountain View, Calif.; and Kansas City, Mo.Jonathan S. Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute owns more than 40 percent of American Century Investments and has received dividend payments of $1.7 billion since 2000. For more information about American Century Investments, visit www.americancentury.com.

American Century Investments® provides underlying sub-asset class and target date glide path management as well as marketing support for Income America.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $303 billion in end-of-period account values as of December 31, 2020. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index, and rank among Forbes’ World’s Best Employers, Best Large Employers, Best Employers for Diversity, and Best Employers for Women, and Newsweek’s Most Responsible Companies. Learn more at: www.LincolnFinancial.com. Follow us on FacebookTwitterLinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.

About Nationwide

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow the firm on Facebook and Twitter.

About Prime Capital Investment Advisors

Prime Capital Investment Advisors provides a client-centric team approach to full-service financial planning, including fee-based asset management and wealth management through its Prime Capital Wealth Management brand. PCIA currently has 26 locations throughout the United States, with investment advisor representatives serving clients across the nation. Advisory services offered through Prime Capital Investment Advisors, LLC. (“PCIA”), a Registered Investment Adviser. For more information, visit www.pciawealth.com.

About Wilshire

Wilshire Advisors LLC is a leading global investment technology and advisory company, dedicated to improving outcomes for investors worldwide. Founded in 1972, Wilshire advises on over $1.1 trillion in assets and manages $76 billion in assets. Specializing in innovative investment solutions, consulting services and multi-asset analytics, Wilshire serves more than 500 institutional and intermediary clients worldwide, delivering a high quality, coordinated platform of client-centric investment solutions that leverage the entire firm’s resources to the maximum benefit of our clients. More information on Wilshire can be found at www.wilshire.com.

About Wilmington Trust

Wilmington Trust, N.A. provides corporate and institution services including institutional trustee, retirement plan, agency, asset management, and administrative services for clients worldwide who use capital markets financing structures. Wilmington Trust provides directed trustee, custody, and fiduciary services for retirement plans, companies, foundations, organizations, and financial institutions. Wilmington Trust also provides Wealth Advisory services with a wide array of personal trust, financial planning, fiduciary, asset management, and family office solutions designed to help high-net-worth individuals and families grow, preserve and transfer wealth. Wilmington Trust maintains offices throughout the United States and internationally in London, Paris, Dublin, and Frankfurt. For more information, visit www.WilmingtonTrust.com.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

 

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SOURCE SS&C

EXFO Investor Advisory – Second Quarter Results for Fiscal 2021

PR Newswire

QUÉBEC, March 18, 2021 /PRNewswire/ – EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced today the company will release second quarter financial results for fiscal 2021 after the close of stock markets on April 7, 2021. The news release will be followed by a conference call at 5 p.m. (Eastern time) to review EXFO’s results. To listen to the conference call and participate in the question period via telephone, click on the link below or dial (323) 289-6576. Please take note of the required participant passcode: 8977218.

EXFO’s Executive Chairman Germain Lamonde, CEO Philippe Morin and Pierre Plamondon, CPA, Vice-President of Finance and Chief Financial Officer, will participate in the call. An audio replay will be available two hours after the end of the conference call until 8:00 p.m. (Eastern time) on April 14, 2021. The replay number is (719) 457-0820 and the participant passcode is 8977218. The audio webcast of this event will be available live at www.EXFO.com/investors and it will be archived for a limited period.

IR Calendar

  • Second quarter financial results for fiscal 2021, April 7, 2021, 5 p.m. (Eastern time),
    Click here to connect.  The link becomes active 15 minutes prior to the scheduled start time.
    Via telephone: (323) 289-6576 (participant passcode: 8977218) or audio webcast: www.EXFO.com/investors.

About EXFO
EXFO (NASDAQ: EXFO) (TSX: EXF) develops smarter test, monitoring and analytics solutions for fixed and mobile network operators, webscale companies and equipment manufacturers in the global communications industry. Our customers count on us to deliver superior network performance, service reliability and subscriber insights. They count on our unique blend of equipment, software and services to accelerate digital transformations related to fiber, 4G/LTE and 5G deployments. They count on our expertise with automation, real-time troubleshooting and big data analytics, which are critical to their business performance. We’ve spent over 30 years earning this trust, and today 1,900 EXFO employees in over 25 countries work side by side with our customers in the lab, field, data center and beyond.

EXFO-F

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SOURCE EXFO Inc.