DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against XL Fleet Corp. – XL

NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of   XL Fleet Corp. (NYSE: XL) between October 2, 2020 and March 2, 2021, inclusive (the “Class Period”).

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=xl-fleet-corp&id=2656 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email [email protected] for information on the class action.

如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=xl-fleet-corp&id=2656

If you wish to serve as lead plaintiff, you must move the Court before the May 7, 2021 DEADLINE.   A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. 

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that- XL Fleet’s salespeople were pressured to inflate their sales pipelines to boost the Company’s reported sales and backlog; at least 18 of the 33 customers that XL Fleet featured were inactive and had not placed an order since 2019; XL Fleet’s technology had been materially overstated and offered only 5% to 10% of fleet savings; XL Fleet lacks the supply chain and engineers to roll out new products on the announced timeline; and as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. According to the suit, these true details were disclosed by a market research firm.

Lead plaintiff status is not required to seek compensation.  You may retain counsel of your choice.  You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
[email protected]
tel: (800) 991-3756



EH APRIL 19 DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against  EHang Holdings Limited – EH

NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of   EHang Holdings Limited (NYSE: EH)  between December 12, 2019 and February 16, 2021, inclusive (the “Class Period”).

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=ehang-holdings-limited&id=2590 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email [email protected] for information on the class action.

如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=ehang-holdings-limited&id=2590

If you wish to serve as lead plaintiff, you must move the Court before the April 19, 2021 DEADLINE.   A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. 

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that- the Company’s purported regulatory approvals in Europe and North American for its EH216 were for use as a drone, and not for carrying passengers; its relationship with its purported primary customer is a sham; EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; the Company’s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Lead plaintiff status is not required to seek compensation.  You may retain counsel of your choice.  You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
[email protected]
tel: (800) 991-3756



IRTC APRIL 2 DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against iRhythm Technologies, Inc.– IRTC

NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of iRhythm Technologies, Inc. (NASDAQ: IRTC) between August 4, 2020 and January 28, 2021, inclusive (the “Class Period”).

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=irhythm-technologies-inc&id=2575 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email [email protected] for information on the class action.

如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=irhythm-technologies-inc&id=2575

If you wish to serve as lead plaintiff, you must move the Court before the April 2, 2021 DEADLINE.   A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. 

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that- iRhythm’s business would suffer as a result of the U.S. Centers for Medicare and Medicaid Services’ (“CMS”) rulemaking; reimbursement rates would in fact plummet; a lack of national pricing in the CMS rule and fee schedule would cause uncertainty and weakness in the Company’s business; and as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Lead plaintiff status is not required to seek compensation.  You may retain counsel of your choice.  You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
[email protected]
tel: (800) 991-3756



BenchPrep Announces New Data Suite to Provide Organizations with Powerful Insights and Advanced Analytics, Built on Snowflake

CHICAGO, March 31, 2021 (GLOBE NEWSWIRE) — BenchPrep, an award-winning professional learning platform, today announced they will provide organizations with flexible raw data access as well as an upgraded reporting and data visualization tools within the BenchPrep platform, built on Snowflake. BenchPrep is leveraging Snowflake’s integrated data platform for their offering in order to continuously improve learner experience and engagement while growing revenue and reducing operational costs.

BenchPrep is spearheading the advancement of data technology in the learning industry by strengthening their suite of data and technology options for their customers. With Snowflake, BenchPrep has a scalable, flexible, and performant data platform where they can ingest, store, and analyze large sets of data from their learning programs to uncover actionable insights, while also enabling businesses to consolidate siloed data sources to Snowflake’s single, integrated platform.

“Business leaders are pressured to deliver results within their learning programs to drive revenue while keeping costs low, and it is imperative that learning management systems provide data to inform intelligent business decision-making,” said Ujjwal Gupta, Chief Product Officer, BenchPrep. “We’re excited to be taking another step forward with our platform to provide our customers with these insights and to continue our mission of empowering every organization to become a great learning organization.”

BenchPrep customers also will have access to market-leading data analytics and visualization tools within an upgraded Reporting Dashboard in the platform. Psychometric data, role-based dashboards, custom reporting, and natural language processing search are just a few of the benefits that BenchPrep customers will have access to with the upgraded analytics. This data provides business leaders with insights to help inform new product design and training courses, to generate additional revenue with course sales, and insights to help inform product adoption across the learner journey.

BenchPrep’s award-winning advanced online learning platform helps organizations increase learner engagement, improve outcomes, and drive additional revenue. With personalized learning pathways, gamification, advanced analytics and reporting, and streamlined content management, BenchPrep is a one-stop shop for corporations, credentialing bodies, training companies, and associations who are looking to transform their learning programs.

About BenchPrep

BenchPrep is a pioneer in the modern learning space, digitally transforming professional learning for corporations, credentialing bodies, associations, and training companies for over a decade. With an award-winning, learner-centric, cloud-based platform, BenchPrep enables learning organizations to deliver the best digital experience to drive learning outcomes and increase revenue. More than 6 million learners have used BenchPrep’s platform to attain academic and professional success. To discover more, visit www.benchprep.com and follow us on LinkedIn and Twitter.

MEDIA CONTACT

Amanda Wynne

VP Marketing


[email protected] 



TTEC Chief Information Officer Chandra Venkataramani awarded CIO of the Year® ORBIE® by ColoradoCIO, in partnership with Denver Business Journal

Honor reflects Venkataramani’s leadership in transitioning 43,000 employees across the globe to work-from-home environments in less than three weeks due to pandemic

PR Newswire

DENVER, March 31, 2021 /PRNewswire/ — TTEC Holdings, Inc. (NASDAQ: TTEC), a leading global customer experience (CX) technology and services innovator for end-to-end digital CX solutions, announced today that TTEC Chief Information Officer Chandra Venkataramani has been honored with the 2021 Colorado CIO of the Year® ORBIE® Award in the Global category from ColoradoCIO, in partnership with the Denver Business Journal.

He was recognized for his role in successfully steering thousands of TTEC employees to work-from-home within weeks to ensure business continuity due to the pandemic.

“Chandra leads with integrity and engrains our values into everything he does, from diversity and inclusivity, to playing critical roles in our successes through automation,” said Ken Tuchman, CEO of TTEC. “When the pandemic hit, the top priority for TTEC was ensuring our employees were safe and had the tools and technology to work remotely to ensure business continuity for our clients. Chandra successfully worked with procurement and vendors to create solutions to manage the transition of more than 43,000 employees to work-from-home environments in less than three weeks. Some employees were transitioned to work-from-home in as little as two days, which was no easy feat given that some of TTEC’s employees work in countries where acquiring technology, including internet, can be a challenge.”

For more than 20 years, the CIO ORBIE® Awards have recognized technology executives for leadership, innovation and excellence in this rapidly growing, CIO-led national professional association. The Colorado CIO of the Year® ORBIE® Awards honors chief information officers who have demonstrated excellence in technology leadership.

Finalists and winners are selected by an independent peer review process, led by prior ORBIE® recipients. Those selected showcase leadership and management effectiveness, business value created by technology innovation, broad scope and size of responsibilities, and engagement in industry and community endeavors.

“Our global client base depends on a highly available network to support their end customers and it’s imperative that these operations run smoothly and powerfully,” said Venkataramani. “This is very much a team effort and I’m proud to lead some of the brightest minds in the industry. This award reflects the overall success of TTEC and represents the spirit of innovation that is alive throughout TTEC.”

Throughout his time at TTEC, Venkataramani has played a critical role in stabilizing the IT infrastructure and quickly made an impact to put robust processes in place to drive efficiency. His efforts resulted in increasing stability and resiliency. He continues to enhance TTEC technologies, especially during the pandemic crisis. Specifically, Venkataramani worked with his team to make arrangements strategically and quickly for more than 43,000 displaced employees to receive computers and proper connectivity in their homes across the globe within three weeks–including in the Philippines and Mexico. And through 2020, TTEC’s Humanify® Cloud @home platform enabled over 100K users to work remotely with secure, cloud-based technology.

“Since last March, chief information officers everywhere have supported the largest work-from-home experiment in the history of the world. Thanks to these innovative technology leaders, most organizations have managed to continue operating through this pandemic disruption,” said Craig Richardville, 2021 chair, ColoradoCIO.

With more than 20 years of experience leading IT at major companies including Convergys, Aegis Communications and Chase Manhattan Bank, Venkataramani’s expertise enhances TTEC’s processes and reputation. He has a successful history of delivering operational excellence through robust processes and an innovative use of technology across business verticals including healthcare, financial services and retail. He was recognized as a Top 100 CIO Globally by ExecRank and Top 25 Global CIO by Evanta, a Gartner company. He holds an MBA in finance and information systems degree from New York University – Stern School of Business.


About TTEC:


TTEC Holdings, Inc. (NASDAQ: TTEC) is a leading global CX (customer experience) technology and services innovator for end-to-end, digital CX solutions. The Company delivers leading CX technology and operational CX orchestration at scale through its proprietary cloud-based CXaaS (Customer Experience-as-a-Service) platform. Serving iconic and disruptive brands, TTEC’s outcome-based solutions span the entire enterprise, touch every virtual interaction channel, and improve each step along the customer journey. Leveraging next-gen digital and cognitive technology, the Company’s Digital business designs, builds, and operates omnichannel contact center technology, conversational messaging, CRM, automation (AI / ML and RPA), and analytics solutions. The Company’s Engage business delivers digital customer engagement, customer acquisition & growth, content moderation, fraud prevention, and data annotation solutions. Founded in 1982, the Company’s singular obsession with CX excellence has earned it leading client NPS scores across the globe. The Company’s nearly 61,000 employees operate on six continents and bring technology and humanity together to deliver happy customers and differentiated business results. To learn more, visit us at https://www.ttec.com/.

contact

Elizabeth Glagowski

[email protected]

+1.203.414.5827

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ttec-chief-information-officer-chandra-venkataramani-awarded-cio-of-the-year-orbie-by-coloradocio-in-partnership-with-denver-business-journal-301259813.html

SOURCE TTEC Holdings, Inc.

Spirit Airlines to Add Third Vacation Destination in Mexico with Nonstop Flights to Puerto Vallarta Starting in July

Spirit expands on its international growth with new flights from Dallas-Fort Worth, Houston and Los Angeles to Puerto Vallarta

PR Newswire

MIRAMAR, Fla., March 31, 2021 /PRNewswire/ — The brightest planes in the sky will continue to soar over Mexico, this time touching down at a new destination! Today Spirit Airlines (NYSE: SAVE) announced plans to continue its international expansion by adding Puerto Vallarta’s Licenciado Gustavo Diaz Ordaz International Airport (PVR) to its route map starting July 1. Images, interviews and B-roll can be found here: http://bit.ly/SpiritPVR.

The airline will offer daily flights between Puerto Vallarta and Los Angeles International Airport (LAX), along with service three times weekly from Houston’s George Bush Intercontinental Airport (IAH) and Dallas-Fort Worth International Airport (DFW) operating on Tuesdays, Thursdays and Sundays.

“Offering our Guests convenient flights to beautiful destinations and spectacular beaches is what Spirit Airlines is all about, which makes Puerto Vallarta the perfect new market to connect to major cities in our network,” said John Kirby, Vice President of Network Planning at Spirit Airlines. “We’re delighted to add the great culture and warmth of Mexico’s Pacific coast to our variety of destinations across Mexico, including Cancun and Los Cabos.”

Spirit Airlines Service to Puerto Vallarta


Destination:


Flights Available:


Start Date:

Los Angeles (LAX)

Daily

July 1

  Dallas-Fort Worth (DFW)

3x Weekly

  July 1

  Houston (IAH)

3x Weekly

  July 1

Spirit will also add nonstop service between LAX and Los Cabos, Mexico (SJD) starting May 5. The route will be Spirit’s first international service from Los Angeles, which will be joined by Puerto Vallarta when it launches the following month.

“Passengers are looking for destinations that offer the characteristics of Mexican beaches, such as Puerto Vallarta, and that are relatively close to their destination of origin,” said Raúl Revuelta, CEO of Grupo Aeroportuario del Pacífico. “In addition to the biosafety protocols and destination policies, they have made tourism safe and welcomes Guests with pleasure. That is why we are very pleased to be part of Spirit’s route map expansion in 2021.”

This year is off to a great start at Spirit Airlines. In January, the carrier launched its new Free Spirit® loyalty program, which is the fastest way to earn rewards and status.* Spirit is also one of only three U.S. airlines listed on FORTUNE’s 2021 list of World’s Most Admired® Companies, which measures companies with the strongest reputation within their industries. Spirit also earned “Platinum” status by the Airline Passenger Experience Association (APEX) Health Safety initiative powered by SimpliFlying.

Guest Safety  
Spirit’s commitment to Safe Travels includes a multi-layered safety approach that requires all Guests and Team Members to wear face coverings. Each passenger agrees to that policy as part of a health and safety acknowledgement prior to boarding the aircraft. Every plane in our Fit Fleet® uses state-of-the-art, high-efficiency particulate air (HEPA) filters that capture 99.97% of particles and filter the air for contaminants every 3 minutes.

Between each flight, enhanced cleaning procedures focus on high-touch areas such as tray tables and armrests. Spirit also uses two EPA-registered fogging treatments. The first applies a safe, high-grade disinfectant that’s effective against coronaviruses. The second uses an antimicrobial product that forms an invisible barrier on all surfaces that kills bacteria and viruses on contact for 30 days. Please visit Spirit’s COVID-19 Information Center for more information on safety enhancements.

*Based on points earned on published fares (excluding sale fares) and optional services using the Free Spirit Credit Card (the “Card”), and includes status qualifying points earned by spending on Spirit and everyday purchases using the Card.

About Spirit Airlines: 
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call Á La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving those communities. Come save with us at spirit.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/spirit-airlines-to-add-third-vacation-destination-in-mexico-with-nonstop-flights-to-puerto-vallarta-starting-in-july-301259801.html

SOURCE Spirit Airlines, Inc.

Spirit Airlines Flexes its Wings over Los Angeles, Expands into International Service and adds new domestic routes

Spirit to offer nonstop access from LAX to Mexico via Los Cabos and Puerto Vallarta, along with new nonstop flights to five more U.S. cities

PR Newswire

LOS ANGELES, March 31, 2021 /PRNewswire/ — Clear skies full of bright yellow are ahead for the Los Angeles basin all the way down to the tip of Baja Mexico. Today Spirit Airlines (NYSE: SAVE) announced plans to expand internationally from Los Angeles International Airport (LAX) after two decades of providing high value and low fares domestically. The airline will offer daily flights between LAX and Los Cabos International Airport (SJD) starting May 5, and nonstop flights to Puerto Vallarta’s Licenciado Gustavo Diaz Ordaz International Airport (PVR), starting on July 1. Images, interviews and B-roll can be found here: http://bit.ly/SpiritLAXexpansion.

Spirit will also offer Guests the only nonstop flights from LAX to Columbus (CMH), Milwaukee (MKE), LaGuardia (LGA) and Louisville (SDF), as well as a new nonstop flight to St. Louis (STL), substantially expanding the airline’s flight offerings in Southern California.

“Our new nonstop routes to Los Cabos and Puerto Vallarta mark our first ever international service out of LAX and are great complements to our beyond continental 48 route map which now serves 30 destinations in Latin American and the Caribbean,” said John Kirby, Vice President of Network Planning at Spirit Airlines. “In addition, our convenient new nonstop domestic flights, along with our low competitive fares, create even more great getaway options for our Guests in the LA Basin.”

New Spirit Airlines Service in Los Angeles


Destination:


Flights Available:


Start Date:

Los Cabos (SJD)

Daily

May 5

  Louisville (SDF)

Daily

  May 27

  St. Louis (STL)

Daily

  May 27

Columbus (CMH)

Daily

June 9

  LaGuardia (LGA)

Saturday Only

 June 12

Milwaukee (MKE)

Daily

June 24

  Puerto Vallarta (PVR)

Daily

  July 1

“With travel beginning to rebound, we are excited that Spirit Airlines is adding international service to Los Cabos and Puerto Vallarta, as well as expanding domestic service from Los Angeles International Airport (LAX),” said Justin Erbacci, Chief Executive Officer, Los Angeles World Airports. “LAX is the West Coast gateway to the world and these new nonstop destinations will provide new options for travelers who are ready to fly again.”

In 1999, Spirit launched its service in California with flights out of LAX, and later grew to serve Sacramento (SMF), Oakland (OAK) and San Diego (SAN) as well. Recently, Spirit stepped up investments in the LA Basin by adding service to Burbank (BUR) and Orange County (SNA).

This year is off to a great start at Spirit Airlines. In January, the carrier launched its new Free Spirit® loyalty program, which is the fastest way to earn rewards and status.* Spirit is also one of only three U.S. airlines listed on FORTUNE’s 2021 list of World’s Most Admired® Companies, which measures companies with the strongest reputation within their industries. Spirit also earned “Platinum” status by the Airline Passenger Experience Association (APEX) Health Safety initiative powered by SimpliFlying.

Guest Safety  

Spirit’s commitment to Safe Travels includes a multi-layered safety approach that requires all Guests and Team Members to wear face coverings. Each passenger agrees to that policy as part of a health and safety acknowledgement prior to boarding the aircraft. Every plane in our Fit Fleet® uses state-of-the-art, high-efficiency particulate air (HEPA) filters that capture 99.97% of particles and filter the air for contaminants every 3 minutes.

Between each flight, enhanced cleaning procedures focus on high-touch areas such as tray tables and armrests. Spirit also uses two EPA-registered fogging treatments. The first applies a safe, high-grade disinfectant that’s effective against coronaviruses. The second uses an antimicrobial product that forms an invisible barrier on all surfaces that kills bacteria and viruses on contact for 30 days. Please visit Spirit’s COVID-19 Information Center for more information on safety enhancements.

* Based on points earned on published fares (excluding sale fares) and optional services using the Free Spirit Credit Card (the “Card”), and includes status qualifying points earned by spending on Spirit and everyday purchases using the Card.

About Spirit Airlines: 

Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call Á La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving those communities. Come save with us at spirit.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/spirit-airlines-flexes-its-wings-over-los-angeles-expands-into-international-service-and-adds-new-domestic-routes-301259806.html

SOURCE Spirit Airlines, Inc.

Ceres Acquisition Corp. Reports Fourth Quarter and Fiscal 2020 Financial Results


NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR OTHER DISSEMINATION IN THE UNITED STATES

TORONTO, March 31, 2021 (GLOBE NEWSWIRE) — Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) is reporting its financial results as of December 31, 2020 and for the period from incorporation on January 29, 2020 to December 31, 2020. The Corporation’s audited financial statements, along with the accompanying management’s discussion and analysis and annual information form have been filed on the System for Electronic Document Analysis and Retrieval (SEDAR) and may be viewed by interested parties under the Corporation’s profile at www.sedar.com

About Ceres Acquisition Corp.

Ceres is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination involving the Corporation. On February 21, 2021, the Corporation, Ceres Acquisition Corporation, a subsidiary of the Corporation, Ceres Subscription Corporation, a subsidiary of the Corporation (the “Subscription Merger Sub”) and SH Parent, Inc., one of the largest privately-held multi-state cannabis operators in the United States, entered into a definitive business combination agreement (the “Transaction”). If completed, the Transaction would constitute the Corporation’s qualifying transaction. In addition, a group of investors have committed to participate in the Transaction through an equity offering of non-voting common stock of the Subscription Merger Sub at U.S.$10.00 per share for aggregate gross proceeds of U.S.$228.5 million. The non-voting common stock of the Subscription Merger Sub will be exchanged on a one-for-one basis for Class A Subordinate Voting Shares of the Corporation in connection with the closing of the Transaction.

About Ceres Group Acquisition Sponsor, LLC (the “Sponsor”)

The Sponsor is a limited liability company formed under the laws of Nevada.


Forward-Looking Statements

This press release may contain forward

looking information within the meaning of applicable securities legislation, which reflects Ceres’ and the Sponsor’s current expectations regarding future events. Forward

looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Ceres’ or the Sponsor’s control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward

looking information. Such risks and uncertainties include, but are not limited to,
the impact of the COVID-19 pandemic
and the factors discussed under “Risk Factors” in the Corporation’s
final prospectus
dated February 25, 2020. Neither Ceres nor the Sponsor undertake any obligation to update such forward

looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

FOR FURTHER INFORMATION PLEASE CONTACT:

Joe Crouthers
Chairman, Chief Executive Officer and Director
Ceres Acquisition Corp.
Chief Executive Officer, Ceres Group Holdings, LLC
(424) 226-7864 or [email protected]



Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against XL Fleet Corp. (XL)

Shareholders with $50,000 losses or more are encouraged to contact the firm

PR Newswire

LOS ANGELES, March 31, 2021 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 7, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired XL Fleet Corp. (“XL Fleet” or the “Company”) (NYSE: XL) securities between October 2, 2020 and March 2, 2021, inclusive (the “Class Period”).

If you suffered a loss on your XL Fleet investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/xl-fleet-corp/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

On March 3, 2021, Muddy Waters Research published a report entitled “XL Fleet Corp. (NYSE: XL): More SPAC Trash,” alleging, among other things, that salespeople “were pressured to inflate their sales pipelines materially in order to mislead XL’s board and investors” and that “customer reorder rates are in reality quite low” due to “poor performance and regulatory issues.” Citing interviews with former employees, the report alleged that “at least 18 of 33 customers XL featured were inactive.” Muddy Waters also claimed that XL has “weak technology” and that “XL’s announcement of future class 7-8 upfits seems highly promotional” because the task is “too technologically complex for XL engineers to deliver on the promised timeline.”

On this news, the Company’s stock price fell $2.09, or 13%, to close at $13.86 per share on March 3, 2021, on unusually heavy trading volume. The share price continued to decline by $2.69, or 19.4%, over two consecutive trading sessions to close at $11.17 per share on March 5, 2021, on unusually heavy trading volume. 

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that XL Fleet’s salespeople were pressured to inflate their sales pipelines to boost the Company’s reported sales and backlog; (2) that at least 18 of the 33 customers that XL featured were inactive and had not placed an order since 2019; (3) that XL’s technology had been materially overstated and offered only 5% to 10% of fleet savings; (4) that XL lacks the supply chain and engineers to roll out new products on the announced timelines; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Follow us for updates on LinkedIn, Twitter, or Facebook.

If you purchased or otherwise acquired XL Fleet securities during the Class Period, you may move the Court no later than May 7, 2021to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

Cision View original content:http://www.prnewswire.com/news-releases/glancy-prongay–murray-llp-reminds-investors-of-looming-deadline-in-the-class-action-lawsuit-against-xl-fleet-corp-xl-301259780.html

SOURCE Glancy Prongay & Murray LLP

Cisco Webex Powers Personal Well-Being, Higher Performing Teams and Inclusive Collaboration

PR Newswire

SAN JOSE, Calif., March 31, 2021 /PRNewswire/ — 

News Summary:

  • Starting this summer: Select Webex customers will have access to insights that increase and promote personal well-being, build better quality connections and a more inclusive work experience for all.
  • Private by design, Webex People Insights enables individuals and teams to set and achieve goals for their meetings, work-life integration, connections, and manage their most precious asset – time.
  • Today’s news builds upon the more than 400 features Webex has introduced in the last 6 months, designed to create engaging, inclusive and trusted collaboration experiences.

To help people work smarter, combat burnout and drive more inclusive work experiences, today Cisco Webex announced advancements to the People Insights feature. Available through the all new Webex, and accessible through a personalized and private view, People Insights aligns with the goals you personally set for your meetings, work-life integration, connections, and focus time. Designed with a people-first mindset, the insights are available from three points of view: Personal, Team and Organizational. All are underpinned with privacy and security to ensure this information is only available to you.

The pandemic is having a profound impact on the way we work. From the disruptions we’re navigating (including meeting fatigue) to the opportunities in reimaging how we work. With 58 percent of office employees anticipating they’ll work eight or more days from home each month, and 98% of meetings expected to include remote participants, a new hybrid way of working is emerging. It’s more critical than ever before for people to have the tools to help them thrive, wherever they are physically working. One of the biggest areas of opportunity is to help people better manage their time and working relationships.

With a window into the trends and insights of how we work, individuals and leaders can now recalibrate how they use time, who they work with and uncover blind spots. For example, gaining visibility into how many meetings you accept but don’t attend, your tendency to multi-task during meetings, who you most frequently collaborate with, the percentage of meetings taking place outside of your team’s preferred working hours, or silos in your organization that need support.

“At Webex, we believe it all starts with you – from the people you interact with to the networks you build and nurture,” said Jeetu Patel, SVP and GM Security and Collaboration at Cisco. “We’re focused on helping people achieve more positive, productive and inclusive work experiences whether they are seated across the table or across the screen from their teammates. Having meaningful insights that let you seamlessly collaborate and build quality connections, while also helping you focus your time in the best way possible will change how we think about productivity and prioritize well-being in a hybrid workplace.”

“Our most precious resource is our time. The decisions we make around how we spend our time and connect with others affects our performance, our mental health, and our well-being,” said Fran Katsoudas, EVP and Chief People, Policy & Purpose Officer at Cisco. “People Insights help us to deliberately design our day – based on our priorities, personal preferences, and goals – to be at our best at work, at home, and with our teams. At Cisco, we believe that when we get teams right, we win. Teams are where the magic happens – they’re the engine of our enterprise where individual expertise meet powerful collaboration to be the spark for our innovation. These insights enable a more inclusive work experience and empowers our people to develop and leverage their collective collaboration network, while helping leaders act at the intersection of performance, empathy, and service to others to build connected and effective teams.”

 People Insights drives positive employee experiences and can help people prioritize their well-being at work in the following ways:


  • Personal Insights:
     These insights, available only to you, surface daily trends and interactions (such as key collaborators and activities), so that you set and monitor your personal preferences. This lets you tailor your collaboration with coworkers and focus your time on what matters most. For example, how often are you accepting meetings you never attend, multi-tasking during meetings or not sharing your video? People Insights will help you decide when to decline or reschedule meetings to ensure you meet your personal work preferences and goals. It also helps you fully engage (visualizing your multitasking and video sharing habits during active meetings) so that you can be more mindful about giving others your full attention and presence.

  • Team Insights

    : These insights give each team member a view of patterns between connections, collaboration habits, and work-life integration for the entire team – while maintaining privacy. The benefit is a stronger and more inclusive work experience for all team members and enables a team to jointly adjust practices and grow relationships as a collective for the benefit of everyone. For example, you can become a good steward of your team’s wellbeing by looking at what percentage of meetings are taking place outside of your team’s preferred working hours – or you can facilitate strong working relationships by making sure you and your team are connecting with the right people and teams.

  • Organizational Insights:
    Organizational Insights give you a bird’s-eye view of your organization’s collaboration trends and patterns to help you spot silos and identify teams that may benefit from additional support or an increased focus on inclusivity. For example, if you move to a new business model or organizational design that requires new ways of collaboration, you can monitor how the model is working and take action where you see gaps.

“Employee wellbeing must be prioritized as the line between work and home continues to blur, the number of work hours is on the rise, and there is a growing feeling of “invisibility” for employees who are less apt to engage virtually; with a hybrid work model, businesses need to wrap their arms around this very large and varied issue,” said Jim Lundy, CEO and Lead Analyst at Aragon Research.

Cisco is helping businesses transform their workforce and workplace to create an inclusive future of work, by helping to build adaptable, engaging, and trusted work experiences for employees, customers, communities, and their ecosystem. The breadth and unmatched experience Cisco offers, spanning networking, security, cloud, and collaboration, delivers a complete solution that empowers a workforce to work from anywhere, at any time while ensuring a workplace is always a trusted environment where employees feel safe.

As part of Cisco – with 600 million monthly participants and connecting 6 billion calls every month –  Webex is one of the few platforms with the global scale to drive this transformation. Webex has a rich history of helping employees innovate and remain productive wherever they are. In the last 6 months, Webex has delivered 400 new features. Since the pandemic, Webex has not only continued to help businesses thrive, it has also been an integral platform for governments to continue to lead remotely, doctors to meet with patients safely, and educators to teach students at a distance.

Enabling the Hybrid Workplace
As a remote meeting participant, have you ever struggled to read the room to gauge how people are responding? With the hybrid workplace blending remote and in-office interactions, it’s important to create an inclusive experience for all participants. To address this, Cisco Webex has previewed a future capability called “People Focus” which uses machine learning and AI technology to individually re-frame meeting participants who are spread across a meeting room. The feature will make remote participants feel more connected by providing a close-up “cropped” view of each person in the room, and will be available later this year.

In related news, Cisco also announced new cloud pricing for Webex desk and room devices, making intelligent collaboration experiences even more affordable for every space with up to 50% lower costs. Cisco Webex also recently announced availability of features, devices and tech integrations to deliver seamless collaboration and smart hybrid work experiences. More information is available in this blog.

Availability
People Insights is intended to be available globally and will be rolled out in a phased approach over the coming year, with initial availability to select customers in the US beginning this summer.

Additional Resources:

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the internet. Cisco inspires new possibilities by reimagining your applications, securing your enterprise, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

About Cisco Webex

Webex is a leading provider of cloud-based collaboration solutions which includes video meetings, calling, messaging, events, customer experience solutions like contact center and purpose-built collaboration devices. At Webex, we start with people and their experiences first. This focus on delivering inclusive collaboration experiences fuels our innovation, which leverages AI and Machine Learning, to remove the barriers of geography, language, personality, and familiarity with technology. Our solutions are underpinned with security and privacy by design. We work with the world’s leading business and productivity apps – delivered through a single application and interface. Learn more at webex.com

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

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SOURCE Cisco Systems, Inc.