Market Newsdesk

LOS ANGELES, March 26, 2021 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against XL Fleet Corp. (“XL Fleet” or “the Company”) (NYSE: XL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between October 2, 2020 and March 2, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before May 7, 2021.   

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

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

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

According to the Complaint, the Company made false and misleading statements to the market. XL Fleet pressured its salespeople to inflate their pipeline of potential sales to artificially boost the Company’s backlog of orders. Out of the Company’s 33 customers, at least 18 were inactive and hadn’t placed orders since 2019. The Company’s technology benefits were overstated, offering fleet savings of only 5% to 10%. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about XL Fleet, investors suffered damages.

Join the case to recover your losses.

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

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

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

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SOURCE The Schall Law Firm

LOS ANGELES, March 26, 2021 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Range Resources Corporation (“Range Resources” or “the Company”) (NYSE: RRC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between April 29, 2016 and February 10, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before May 3, 2021.   

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

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

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

According to the Complaint, the Company made false and misleading statements to the market. Range Resources had improperly designated the status of its wells in the state of Pennsylvania since 2013. This action artificially decreased the Company’s cost estimates to plug and abandon its wells. The Company was the subject of an investigation by the Pennsylvania Department of Environmental Protection (“DEP”) from sometime between September 2017 to January 2021 for improperly designating its well status. The DEP investigation ultimately led to the Company incurring fines from the state of Pennsylvania. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Range Resources, investors suffered damages.

Join the case to recover your losses.

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

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

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

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SOURCE The Schall Law Firm

HOUSTON, March 26, 2021 /PRNewswire/ — Oasis Midstream Partners LP (Nasdaq: OMP) (the “Partnership” or “OMP”) announced today the pricing of its private placement to eligible purchasers of $450 million in aggregate principal amount of 8.00% senior unsecured notes due 2029. The notes were priced at par. The offering is expected to close on March 30, 2021, subject to customary closing conditions.

The Partnership intends to use the net proceeds from this offering to make a distribution to Oasis Midstream Services LLC, a wholly-owned subsidiary of Oasis Petroleum Inc., in connection with the previously announced simplification transaction with Oasis Petroleum Inc., in the amount of approximately $231.5 million and to repay approximately $205.5 million of outstanding borrowings under OMP’s revolving credit facility.

The notes to be offered have not been registered under the Securities Act of 1933, as amended, (the “Securities Act”), or any state securities laws; and unless so registered, the securities may not be offered or sold in the United States absent an applicable exemption from, or a transaction not subject to, registration requirements of the Securities Act and applicable state securities laws. The notes are being offered and sold only to qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act.

This press release is being issued pursuant to Rule 135c under the Securities Act, and is neither an offer to sell nor a solicitation of an offer to buy the notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.

Contact:
Oasis Midstream Partners LP
Taylor Reid, Director and Chief Executive Officer
Richard N. Robuck, SVP and Chief Financial Officer
Bob Bakanauskas, Director of Investor Relations
(281) 404-9600

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements regarding the intended use of offering proceeds and other aspects of the notes offering. These statements are based on certain assumptions made by the Partnership based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Partnership, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.

These include, but are not limited to, closing of the previously announced simplification transaction and related transactions, closing of the proposed offering and the intended use of proceeds, the Partnership’s ability to integrate acquisitions into its existing business, changes in crude oil and natural gas prices, weather and environmental conditions, the timing of planned capital expenditures, availability of acquisitions, uncertainties in the estimates of proved reserves and forecasted production results of the Partnership’s customers, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as the Partnership’s ability to access them, the proximity to and capacity of transportation facilities, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting the Partnership’s business and other important factors. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the Partnership’s actual results and plans could differ materially from those expressed in any forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement is made and the Partnership undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

About Oasis Midstream Partners LP

Oasis Midstream Partners LP is a premier gathering and processing master limited partnership formed by its sponsor, Oasis Petroleum Inc. to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the crude oil and natural gas operations of Oasis Petroleum Inc. and are strategically positioned to capture volumes from other producers. For more information, please visit the Partnership’s website at www.oasismidstream.com.

View original content:http://www.prnewswire.com/news-releases/oasis-midstream-partners-lp-announces-pricing-of-450-million-inaugural-senior-notes-offering-301256880.html

SOURCE Oasis Midstream Partners LP

LOS ANGELES, March 26, 2021 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Leidos Holdings, Inc. (“Leidos” or “the Company”) (NYSE: LDOS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between May 4, 2020 and February 23, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before May 3, 2021.   

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

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

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

According to the Complaint, the Company made false and misleading statements to the market. Leidos significantly overstated the purported benefits of its acquisition of L3Harris’ Security Detection & Automation businesses. The Company’s products suffered from multiple defects, including faulty bomb detection systems installed at critical infrastructure points including airports and ports. The Company’s financial results were significantly overstated as a result. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Leidos, investors suffered damages.

Join the case to recover your losses.

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

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

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com 
Office: 310-301-3335
[email protected]

SOURCE: 
The Schall Law Firm

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SOURCE The Schall Law Firm

MILWAUKEE, Wis., March 26, 2021 /PRNewswire/ — Ademi LLP is investigating MSG Networks (NYSE: MSGN) for possible breaches of fiduciary duty and other violations of law in its transaction with MSG Entertainment.

Click here to learn how to join the action: https://www.ademilaw.com/case/msg-networks-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi LLP alleges MSG Networks’ financial outlook is excellent and yet MSG Networks shareholders will receive only 0.172 shares of MSG Entertainment Class A or Class B common stock for each share of MSG Networks Class A or Class B common stock they own, or $16.16 for each share of MSG Networks Class A or Class B common stock, representing a 7.0% discount based on March 25 stock closing prices. The merger agreement unreasonably limits competing bids for MSG Networks by prohibiting solicitation of further bids, and imposing a termination penalty if MSG Networks accepts a superior bid. MSG Networks insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of MSG Networks’ board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for MSG Networks.

If you own MSG Networks common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/msg-networks-inc.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP

TORONTO, March 26, 2021 /CNW/ – CIBC (TSX: CM) (NYSE: CM) has been named to The Globe and Mail’s 2021 Report on Business Women Lead Here list, an annual benchmark survey on gender diversity in corporate Canada.

“Advancing gender-balanced leadership at all levels is a top priority for our bank and this recognition underscores our progress and momentum,” says Sandy Sharman, Group Head of People, Culture and Brand at CIBC. “Inclusion is a cornerstone of our bank’s culture of making every team member feel like they belong, and we are committed to building a workforce that represents the clients and communities we serve.”

To compile the Women Lead Here list, Report on Business researchers evaluated the top three tiers of executive leadership, from the CEO to senior vice presidents (or their equivalents) at hundreds of Canadian companies.

CIBC’s commitment to ensuring gender-balance across its workforce including senior management, executive and board levels is supported through talent goals accompanied by tracking and reporting; a gender-neutral compensation structure; and organizational policies on parental leave, sexual harassment and flexible working.

In addition to advancing gender balance internally, CIBC has made several public commitments toward building a more equitable and sustainable society, supports external organizations that invest in women and provides solutions tailored to women clients.

Recognition announced in 2021 and recent initiatives for gender diversity include:

• CIBC ranked number one in Canada for gender equality by Equileap in 2021.
• Named to the Bloomberg Gender-Equality Index for the sixth consecutive year (2021).
• Recognized as one of Canada’s Best Diversity Employers for the 11th year in a row (2021).
• Public commitments as a signatory of the United Nations Women’s Empowerment Principles, UK Women in Finance Charter, the Catalyst Accord, 30% Club Canada Investor Statement of Intent and the United Nations-supported Principles for Responsible Investment (PRI).
• CIBC Asset Management is a founding signatory of the Responsible Investment Association’s Canadian Investment Statement on Diversity and Inclusion.

More on CIBC’s commitment to gender-balanced leadership can be found in the most recent Sustainability Report.

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.

SOURCE CIBC

SILVER SPRING, Md., March 26, 2021 /PRNewswire/ — Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that today’s trading activity is not the result of insider transactions or transactions by Advance/Newhouse Programming Partnership or its affiliates.

The Company issued its outlook for the first quarter of 2021 on February 22, 2021 and provided additional guidance at the Deutsche Bank TMT Conference on March 8, 2021, and is comfortable reaffirming its outlook and the additional guidance.  The Company is confident in and pleased with the execution of its strategy, both with respect to its traditional business and the direct to consumer roll out.  It looks forward to releasing first-quarter results and hosting its quarterly investor call on May 10, 2021. 

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties and on information available to the Company as of the date hereof. The Company’s actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risk factors disclosed in its 2020 Annual Report on Form 10-K filed with the SEC on February 22, 2021.

Forward-looking statements include statements regarding the Company’s expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or similar words. Forward-looking statements in this release include, without limitation, statements regarding investing in the Company’s programming, strategic growth initiatives, changes in the pay-TV ecosystem, and the impact of COVID-19. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

About Discovery

Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. Available in over 220 countries and territories and nearly 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streaming services such as discovery+, Food Network Kitchen and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmark natural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf. Discovery’s portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia Network, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of locally relevant, premium sports and Home of the Olympic Games across Europe. For more information, please visit corporate.discovery.com and follow @DiscoveryIncTV across social platforms. 

View original content:http://www.prnewswire.com/news-releases/discovery-issues-statement-on-recent-market-price-volatility-of-series-a-and-series-c-common-stock-301256877.html

SOURCE Discovery, Inc.