Posts

Posted on

Morneau Shepell partners with Shoppers Drug Mart to offer digital mental health solution

Morneau Shepell partners with Shoppers Drug Mart to offer digital mental health solution

Access to digital therapist-guided AbilitiCBT™ programs to be offered through Shoppers Drug Mart stores and on the PC Health app

TORONTO–(BUSINESS WIRE)–
Morneau Shepell announced today that access to therapist-guided AbilitiCBTTM programs will be offered through Shoppers Drug Mart stores and the PC Health app to support Canadians struggling with mental health challenges. With this partnership, Morneau Shepell will offer its complete suite of digital cognitive behavioural therapy (CBT) programs to Shoppers Drug Mart customers at a preferred price.

The digital CBT suite currently includes programs for generalized anxiety, anxiety related to a pandemic, depression, pain management and insomnia, and will soon expand with new programs for trauma, grief and loss and obsessive-compulsive disorder (OCD), as well as additional content for panic disorder and social anxiety.

Morneau Shepell’s monthly Mental Health IndexTM reports have continued to show a trend of declining mental health for Canadians, with findings showing that the strained mental health of Canadians may be here for the long term. “Over the past few months alone, we have provided support to tens of thousands of Canadians, through both corporate programs and our partnerships with the governments of Ontario and Manitoba. Our partnership with Shoppers Drug Mart not only demonstrates our commitment to helping as many Canadians as we can, but further solidifies our position as the market leader in the digital CBT space,” said Nigel Branker, president, health and productivity solutions for Morneau Shepell.

First launched in Atlantic Canada in October, the PC Health app is designed to empower Canadians by providing them with convenient access to healthcare resources and support – where and how they want it. The app is now also available in Ontario, British Columbia and Alberta and will be expanded nationally over the coming months. As of today, users can access AbilitiCBTTM programs through the PC Health app and get mental health support right at their fingertips.

“Our purpose is to help Canadians live life well and that means providing the tools they need to successfully manage their overall health – both mental and physical,” said Doug Bryce, vice president, health and pharmacy programs and innovation, Shoppers Drug Mart Inc. “Now more than ever, Canadians need convenient access to resources that help them navigate their mental health challenges. We believe Morneau Shepell’s AbilitiCBTTM programs will help meet that need.”

Shoppers Drug Mart customers looking to access these programs can download the PC Health app on Google Play or the app store or speak to their local Shoppers Drug Mart pharmacist for guidance and support.

Morneau Shepell is a leading global provider of wellbeing services, with thousands of therapists in an extensive network, including crisis counsellors, who offer support to any AbilitiCBT™ user who needs help. The new trauma and grief and loss programs will be available by the end of 2020, while the OCD and the expanded anxiety programs will be on the AbilitiCBT™ platform in early 2021.

About Morneau Shepell

Morneau Shepell is a leading provider of technology-enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform. Our focus is providing world-class solutions to our clients to support the mental, physical, social and financial wellbeing of their people. By improving lives, we improve business. Our approach spans services in employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services. Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries. Morneau Shepell is a publicly traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit morneaushepell.com.

Heather MacDonald

Morneau Shepell

[email protected]

855-622-3327

ID-CORP, ID-HPS, ID-MH

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Technology Mobile/Wireless Health Human Resources Pharmaceutical Professional Services Mental Health Software Managed Care Networks General Health Internet Data Management Consumer Electronics

MEDIA:

Logo
Logo
Posted on

New Jersey American Water Named Recipient of 2020 Governor’s Environmental Excellence Award

New Jersey American Water Named Recipient of 2020 Governor’s Environmental Excellence Award

CAMDEN, N.J.–(BUSINESS WIRE)–New Jersey American Water was recognized by the New Jersey Department of Environmental Protection (DEP) as one of this year’s recipients of the annual Governor’s Environmental Excellence Awards. This year’s awards, which were presented in a virtual ceremony yesterday, coincide with the New Jersey Department of Environmental Protection’s 50th anniversary.

“As the largest water service provider in the state, New Jersey American Water takes great pride in what we do and hold ourselves to the highest standard in delivering safe, clean, reliable and affordable drinking water to the 2.8 million people we serve,” said Cheryl Norton, President of New Jersey American Water. “We are proud to be a leader in water treatment and delivery, and this award is testament to the commitment and expertise of our scientists, engineers and operations teams who are devoted to our mission.”

New Jersey American Water was recognized for its proactive leadership in designing and testing new ways to effectively treat emerging compounds including Per- and Polyfluoroalkyl Substances (PFAS). Located in Springfield Township, Union County, the Short Hills Station’s groundwater supply exhibited trace levels of PFAS. In the interest of public health and after extensive testing of an innovative technology, the company fast-tracked the implementation of a Strong Base Anion Exchange (AIX) system nearly nine months ahead of the PFOA and PFOS rule implementation by the NJ Department of Environmental Protection.

New Jersey American Water has significant expertise in treating and removing PFAS from source water and all New Jersey American Water systems have been compliant with the recently established MCLs for these compounds ahead of the implementation dates, either by providing treatment or removing sources from service.

Award recipients created videos about each project in lieu of giving acceptance speeches. New Jersey American Water’s video can be viewed here on YouTube.

The Governor’s Environmental Excellence Awards recognize individuals, organizations and companies leading outstanding environmental initiatives, programs and projects around the state. Sponsored by the DEP, New Jersey Infrastructure Bank and the New Jersey Corporation for Advanced Technology, in partnership with the New Jersey State League of Municipalities and the DEP’s Environmental Stewardship Initiative, the awards program has recognized a total of 189 recipients since its inception in 2000.

In the Department of Environmental Protection’s news release announcing the award winners, DEP Commissioner Catherine R. McCabe said, “As we celebrate our fiftieth anniversary and create an ambitious vision for the next 50 years, this is a historic year for environmental protection and this year’s honorees are on the leading edge of this important work. Their vision and innovation set a standard to which we can all aspire, and I look forward to their next milestones in environmental protection.”

To learn more about the awards, visit www.nj.gov/dep/eeawards/. For more information about New Jersey American Water, visit www.newjerseyamwater.com.

About New Jersey American Water

New Jersey American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.8 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on Twitter and Facebook.

About American Water

With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

Erin Banes

External Affairs Specialist

Cell: 856-834-9577

[email protected]

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Energy Environment Utilities

MEDIA:

Logo
Logo
Posted on

Hearing Is More Essential Than Ever This Holiday Season

Hearing Is More Essential Than Ever This Holiday Season

Hearing Loss May Lead to an Increased Feeling of Isolation in Seniors Currently in Quarantine

TORONTO–(BUSINESS WIRE)–
An estimated 1 out of every 3 individuals over the age of 65 has some degree of hearing loss, according to estimates from the World Health Organization.

With COVID-19 still widespread across the country, and an upcoming holiday season that many may spend in isolation, untreated hearing loss in the senior population is more than just a nuisance, it risks deepening feelings of isolation and can lead to more serious health concerns.

Several scientific studies have shown a correlation between hearing loss and cognitive deficits. In fact, according to recent research from John Hopkins, the risk of developing dementia was up to 5 times more likely in patients with hearing loss, depending on the severity of their loss.

“Untreated hearing loss has also been linked to many serious conditions, including depression, Alzheimer’s and diabetes,” says Dr. Thomas Tedeschi, Chief Audiology Officer for Amplifon Americas. “With the holiday season upon us, and many of our older loved ones still unable to fully socialize as in years past, it is more important than ever to ensure they are getting the care they need, including prioritizing their hearing health care.”

The good news is that studies, like recent ones published in the Journal of Clinical Medicine, have shown the potential impact hearing aid usage may have on helping slow cognitive decline and improve cognitive performance.

What’s more, hearing aid technology has never been better, and companies like Amplifon are making great strides in expanding the possibilities to identify a distinctive hearing care solution that best matches personal needs, with benefits such as:

  • Near Invisibility – No one will see them, but you’ll notice the difference.
  • Rechargeability – Say goodbye to batteries.
  • Connectivity – Stay connected, hear your best.
  • Affordability – Hearing solutions with essential functionality to meet your budget.

If you or someone you love would benefit from a complimentary hearing test, make an appointment with your local Amplifon hearing care professional today and make the most of this holiday season.

About Amplifon 

Amplifon, global leader in the hearing care retail market, empowers people to rediscover all the emotions of sound. Amplifon’s around 17,000 people worldwide strive every day to understand the unique needs of every customer, delivering exclusive, innovative, and highly personalized products and services, to ensure everyone the very best solution and an outstanding experience. Amplifon operates through a network of around 11,000 points of sale in 28 countries and 5 continents. In Canada, there are more than 70 locations across six provinces. More information about the company is available at www.amplifon.com/ca and www.amplifon.com/corporate.

Communication Contacts

Chad Eldred

+1 (320) 333-4749

[email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Technology Mental Health Medical Devices Other Communications Seniors Communications Health Consumer Consumer Electronics

MEDIA:

Posted on

IIROC Trading Resumption – NNO

Canada NewsWire

VANCOUVER, BC, Dec. 15, 2020 /CNW/ – Trading resumes in:

Company: Nano One Materials Corp.

TSX-Venture Symbol: NNO

All Issues: No

Resumption (ET): 10:04:13 AM 

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Posted on

EMERGE Opens The Market

Canada NewsWire

TORONTO, Dec. 15, 2020 /CNW/ – Ghassan Halazon, Founder and Chief Executive Officer, EMERGE Commerce Ltd. (“EMERGE” or the “Company”) (TSXV: ECOM), and his team joined Dani Lipkin, Director, Global Business Development, TMX Group to celebrate the Company’s new listing on TSX Venture Exchange and open the market.

EMERGE is a disciplined, diversified, rapidly growing acquirer and operator of e-commerce brands across North America. The EMERGE network of e-commerce sites provides members with offers on golf, groceries, essentials, nearby staycations and experiences. The portfolio houses some of Canada’s most coveted online destinations including UnderPar.com, WagJag.com, JustGolfStuff.ca, and BeRightBack.ca. EMERGE was named one of the fastest growing companies in Canada by the Startup 50, and the Globe and Mail’s 2020 Canada’s Top Growing Companies. For more information visit: https://emerge-commerce.com/ 


For Market Openings:

 Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact [email protected]. The client feature video will begin playing on the TMX media wall at approximately 9:27 a.m. ET and the markets will open with the sound of a siren at 9:30 a.m. ET.

Date:   Tuesday, December 15, 2020
Time:   9:00am – 9:30am
Place:  Virtually Broadcast

SOURCE TMX Group Limited

Posted on

Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX) Today Announced THE SECONDARY LISTING ON A2X

Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX) Today Announced THE SECONDARY LISTING ON A2X

AMSTERDAM–(BUSINESS WIRE)–
Prosus is pleased to announce that its ordinary shares N have been approved for inclusion in the list of qualifying equity securities to be listed and traded on A2X with effect from 23 December 2020 (the ‘A2X listing date’).

Prosus will retain its primary listing on Euronext Amsterdam and its secondary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by the additional secondary listing on A2X.

Prosus ordinary shares N will be available to be traded on Euronext Amsterdam, the JSE and A2X from the A2X listing date.

A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the Financial Sector Conduct Authority and the Prudential Authority of the Reserve Bank in South Africa in terms of the Financial Markets Act 19 of 2012.Amsterdam, the Netherlands

15 December 2020

JSE sponsor to Prosus

Investec Bank Limited

About Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

The group is focused on building meaningful businesses in the online classifieds, food delivery, and payments and fintech sectors in markets including India, Russia and Brazil. Through its ventures team, Prosus invests in areas including edtech and health, Prosus actively seeks new opportunities to partner with exceptional entrepreneurs who are using technology to improve people’s daily lives.

Every day, millions of people use the products and services of companies that Prosus has invested in, acquired or built, including Avito, Brainly, BYJU’S, Bykea, Codecademy, DappRadar, dott, ElasticRun, eMAG, Eruditus, Honor, iFood, Klar, LazyPay, letgo, Meesho, Movile, OLX, PayU, Red Dot Payment, Remitly, SimilarWeb, Shipper, Skillsoft, SoloLearn, Swiggy, and Udemy.

Hundreds of millions of people have made the platforms of its associates a part of their daily lives. For listed companies where we have an interest, please see: Tencent (www.tencent.com; SEHK:00700), Mail.ru (www.corp.mail.ru; LSE:MAIL), Trip.com Group Limited (“Trip.com”) (NASDAQ:TCOM), and DeliveryHero (www.deliveryhero.com; Xetra:DHER).

Today, Prosus companies and associates help improve the lives of around a fifth of the world’s population.

Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the Johannesburg Stock Exchange (XJSE:PRX), and is majority owned by Naspers.

For more information, please visit www.prosus.com

Enquiries

Investor Enquiries

Eoin Ryan, Head of Investor Relations

+1 347-210-4305

Media Enquiries

Sarah Ryan, International Media Relations

+ 31 6 29721038

KEYWORDS: Netherlands Europe

INDUSTRY KEYWORDS: Professional Services Data Management Other Professional Services Technology Other Technology Software Internet

MEDIA:

Posted on

Introducing Benetic: Retirement Specialists Can Turn Months into Minutes Using Benetic’s Online Platform

Benetic saves time by bringing innovative retirement service providers together in a neutral, transparent marketplace. The Benetic Match
™
intelligent search compares each provider’s differentiated value with the unique needs of each retirement plan.

Advisors and consultants are using the Benetic platform to gain access to the most competitive services and funds in the industry, along with key analytical insights and enhanced compliance automation.

JACKSON, Wyo., Dec. 15, 2020 (GLOBE NEWSWIRE) — Benetic is excited to announce the official launch of its online platform for the retirement industry. Benetic has developed a revolutionary technology solution that brings advisors, recordkeepers, asset managers, and other retirement service providers together in one place: Benetic’s vendor neutral platform. Our platform introduces a new level of efficiency into the advisor-led retirement plan life cycle – including RFPs, negotiating services, pricing discussions, and changes in products and investments. For all of these steps, Benetic turns months of advisor work into mere minutes.

Advisors can sign up or request a demo on Benetic’s website.

A team of leading retirement industry experts and veteran Silicon Valley engineers with backgrounds at MIT, Google and Facebook partnered to build Benetic. Their combined effort has created a state-of-the-art, AI-driven web-based platform that saves advisors months of tedious work and helps ensure ERISA compliance.

Using Benetic, advisors and consultants are able to:

  • Save months when benchmarking, running RFPs and RFIs, and preparing proposals for prospective clients
  • Efficiently evaluate funds they are already familiar with, along with new funds with market-leading pricing exclusive to Benetic *
  • Access pricing efficiencies previously only available to the largest advisors and consultants and the biggest plans, reducing costs for their client plans
  • Streamline onboarding clients after vendor selection
  • Quickly compare multiple combinations of service providers including recordkeepers, investment funds, wellness solutions, PEPs, and managed accounts

“After 20 years of investing in leading companies in Silicon Valley, including Financial Engines, I was excited to join Benetic,” stated Ray Conley, CEO of Benetic and a venture capital veteran. “Benetic offers a compelling opportunity to have a meaningful impact on the retirement industry and the lives of millions of people saving for retirement.”

Vetted by leading industry experts, Benetic’s platform provides a solid foundation to help manage compliance so advisors can focus on their business and client relationships. Benetic acts as an advisor’s digital assistant, guiding them through every step of the platform’s streamlined process for investment selection, recordkeeper evaluation, proposal generation, onboarding, and client management.

“I’m excited to use Benetic’s advisor centric platform to make my practice more competitive and improve my operational efficiency,” said Jason Chepenik, CEO of Chepenik Financial, A OneDigital Company. “Benetic’s technology platform is a game changer for the industry.”

Advisors can sign up for Benetic and access the online platform, or request a demo with Benetic’s team. Recordkeepers, asset managers, and other plan service providers can contact Benetic to learn about how they can join the industry leaders already partnering with Benetic.

About Benetic

Benetic is a technology-powered solution for advisors and consultants that brings recordkeepers, asset managers, and other plan service providers together to generate the best plan options quickly and cost effectively.

Created by retirement industry experts and built by Google and Facebook engineers, the Benetic platform is the last tool you will ever need to build a 401(k) plan solution.

* Benetic-exclusive funds are offered only where permitted under applicable law.

© 2020 Benetic, Inc., All Rights Reserved



Contact Info:
[email protected]

Posted on

CBS Sports and Nickelodeon Team up for NFL Wild Card Game on Nickelodeon, Special Slime-filled Telecast Tailored for Family Fun Airing Sunday, Jan. 10

CBS Sports and Nickelodeon Team up for NFL Wild Card Game on Nickelodeon, Special Slime-filled Telecast Tailored for Family Fun Airing Sunday, Jan. 10

Noah Eagle, CBS Sports’ Nate Burleson and Nick Star Gabrielle Nevaeh Green to Call Game, with Nick Star Lex Lumpkin Reporting

Kid-Focused Presentation of NFL Wild Card Game to Feature Special Halftime Sneak Peek of Kamp Koral: SpongeBob’s Under Years

Share it: @Nickelodeon @CBSSports #NickWildCard

Click HERE for art and HERE for a preview reel.

HOLLYWOOD, Calif.–(BUSINESS WIRE)–
CBS Sports and Nickelodeon are getting kids and families into the game with a special slime-filled presentation of the National Football League’s Wild Card game on Sunday, Jan. 10, at 4:30 p.m. (ET). The NFL Wild Card Game on Nickelodeon will feature one-of-a-kind kid-focused content and Nick-themed elements throughout, including a special halftime presentation, guest reporters and original on-field graphics, virtual filters and more. The NFL Wild Card Game on Nickelodeon will air alongside CBS Sports’ broadcast of the game on The CBS Television Network.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201215005821/en/

Play-by-play announcerNoah Eaglewill be joined by CBS Sports’ analyst Nate Burleson and Nick star Gabrielle Nevaeh Green (All That, Nickelodeon’s Unfiltered) in the booth to call the NFL Wild Card Game on Nickelodeon. Additionally, Nick star Lex Lumpkin (All That, Nickelodeon’s Unfiltered) ­­­will serve as a reporter during the game. Nickelodeon’s coverage begins with “The SpongeBob SportsPants Countdown Special,” a sports-themed compilation specialat 4 p.m. (ET) hosted by the Denver Broncos’ Von Miller, highlighting SpongeBob’s best sports moments and featuring pre-kickoff appearances by CBS Sports’ Jim Nantz and Tony Romo, as well as Eagle, Burleson and Green.

The NFL Wild Card Game on Nickelodeon will also include a special halftime sneak peek of Kamp Koral: SpongeBob’s Under Years, which follows 10-year-old SpongeBob SquarePants and his pals as they spend their summer building underwater campfires, catching wild jellyfish, and swimming in Lake Yuckymuck at the craziest camp in the kelp forest, Kamp Koral. The series will debut in 2021 on ViacomCBS’s rebranded streaming service Paramount+ and then on Nickelodeon later in the year.

“This is a first of its kind presentation for the NFL together with Nickelodeon, and we are very excited to create a unique telecast that will maximize the co-viewing appeal for kids and families, while maintaining the integrity of the game and its traditions,” said Sean McManus, Chairman, CBS Sports. “Partnering with Nickelodeon to showcase the NFL Playoffs is a great opportunity to highlight the power, depth and reach of ViacomCBS, as we continue to unlock the true potential of our merged company with the first of many opportunities between CBS Sports and our ViacomCBS family.”

“Our game plan is to make sure the NFL Wild Card Game on Nickelodeon definitely lives up to its name by infusing the telecast with Nick’s sensibility of surprise and fun at almost every turn,” said Brian Robbins, President of ViacomCBS Kids & Family Entertainment. “We’re incredibly proud to team up with CBS Sports and the NFL to elevate the thrill of this game for kids and families to enjoy together.”

The NFL Wild Card Game on Nickelodeon will only be available to be streamed on mobile for free for all fans via the NFL App. The game airing on CBS will be streamed on CBS and NFL digital properties across devices, and on mobile via the participating teams’ mobile properties, and Yahoo Sports and other Verizon Media mobile properties.

NFLNickPlay.com will serve as the official online destination for the NFL Wild Card Game on Nickelodeon, helping to educate kids on football basics and entertain them with a variety of NFL-themed content leading up to and during the Wild Card game. Kids will be able to engage with quizzes, polls, fun facts, info galleries, sports-themed short-form videos, Weekly Pick ‘Em printables and more, earning points and unlocking badges along the way. For three days leading up to the game and on game day, viewers can scan QR codes on-air, unlocking sports-themed SpongeBobSquarePants and The Loud House collectibles and participating with interactive content throughout the live game. Additionally, participants will be able to enter a sweepstakes for the chance to win an exclusive game ball signed by a Wild Card player, along with other exclusive prize packs.

The NFL Wild Card Game on Nickelodeon is produced by CBS Sports in association with Nickelodeon Productions. Sean McManus and Harold Bryant serve as Executive Producers of THE NFL ON CBS. CBS Sports’ Shawn Robbins is Coordinating Producer of the game along with Producer, Ken Mack and Director, Suzanne Smith. Production for Nickelodeon is overseen by Rob Bagshaw, Executive Vice President, Unscripted Content.

Nickelodeon, now in its 41st year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The brand includes television programming and production in the United States and around the world, plus consumer products, digital, location based experiences, publishing and feature films. For more information or artwork, visit http://www.nickpress.com. Nickelodeon and all related titles, characters and logos are trademarks of ViacomCBS Inc. (Nasdaq: VIACA, VIAC).

CBS Sports:

Bailey Knecht

[email protected]

Nickelodeon:

Maggie Wang

[email protected]

Tiffany Chao

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Film & Motion Pictures Children Sports TV and Radio Music Football Entertainment Hispanic Consumer Teens Parenting

MEDIA:

Logo
Logo
Logo
Logo
Posted on

SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Penumbra Inc. (PEN) and Encourages Investors to Contact the Firm

NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) — Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating claims of violations of federal securities laws on behalf of investors of Penumbra Inc. (“Penumbra” or the “Company”) (NYSE: PEN).

Penumbra, Inc. designs, develops, manufactures, and markets medical devices. The Company offers peripheral vascular and neurovascular devices that help patients suffering from stroke and other neurovascular diseases.

On November 10, 2020, Quintessential Capital Management issued a research report on the Company entitled “Penumbra and its ‘Killer Catheter’.” In it, the report revealed that “Penumbra’s flagship device, the Jet 7 Xtra Flex, has a structural design flaw that makes it prone to critical malfunctioning” and that the “killer catheter” has already malfunctioned [causing the death] of 17 patients and leaving 35 others with brain injuries.”

On December 8, 2020, Quintessential Capital Management published a damaging report entitled “Is Penumbra’s core scientific research authored by a fake person?.” The report accused Penumbra of having engaged in a multi-year scheme to fraudulently produce a substantial portion of scientific literature using a fake character to support its product marketing to healthcare providers across United States and elsewhere. According to the report, “[the] fraudulent character appears to have been fabricated by management in a reckless attempt to hide its involvement with critical research produced with significant undisclosed conflicts of interest.”

On this news, Penumbra’ stock price fell approximately $16 per share, or 8.3%, during intraday trading on December 8, 2020.

If you are a shareholder of Penumbra and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7201 or via email at [email protected].

Whistleblowers: Persons with non-public information regarding Penumbra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totalling up to 30 percent of any successful recovery made by the SEC.

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100 
White Plains, NY 10601
Tel: (914) 733-7256
Email: [email protected]



Posted on

Lockland School District, Village of Lockland, and Cincinnati Bell Partner on Smart City Solution

Lockland School District, Village of Lockland, and Cincinnati Bell Partner on Smart City Solution

CINCINNATI–(BUSINESS WIRE)–
The Lockland School District and the Village of Lockland are proud to announce a partnership with Cincinnati Bell to realize a “Smart City” vision that will bring free public WiFi to the Village. The goal is to provide Internet connectivity to residents who might otherwise not have reliable access for educational, healthcare, and employment opportunities.

In partnership with the Lockland School District and the Village of Lockland, Cincinnati Bell has installed a Smart City solution with WiFi coverage that “lights up” 15 locations within the Village. These locations include 8 public hotspots and 7 apartment complexes with a high concentration of Lockland School District Students. The community may log on through a splash page at “PantherPrideFi.”

The project will address digital equity by providing free public WiFi hotspots, and provide high-speed Internet access not only to students in support of education and distance learning, but also to all residents to improve the quality of life in Lockland.

“It is so exciting to see the tremendous efforts of so many come to fruition in providing WiFi throughout the Village of Lockland. I want to thank the Lockland Local School District, along with Cincinnati Bell, for working so diligently in seeing this dream become a reality for the children and residents of our Village,” said Mark Mason Sr., Mayor, Village of Lockland.

“Our collaboration with the School District and Cincinnati Bell will provide a positive impact for many years to come to our residents, and especially to the students within the Village. The ‘lighting up’ of our Village via WiFi access will not only help in educating the children of our Village, but will also create opportunities for our residents.”

“Lockland Local School District is excited to partner with our Village leadership and Cincinnati Bell to provide much-needed WiFi throughout our community. Providing digital equity for our students and families is a district priority, because we recognize that access to high-speed Internet is no longer a privilege but instead a lifeline in the 21st century,” said Bob Longworth, Superintendent, Lockland Local School District.

“As a result of our collaboration over the last several months in an effort to bring our dream of ‘lighting up’ the village to reality, many of our students and residents will now enjoy the ability to further their education, access increased employment opportunities, and make strong connections to the world resulting in an improved quality of life.”

The Lockland School District and the Village of Lockland are the latest to partner with Cincinnati Bell on a Smart City solution. Over the past two years, Cincinnati Bell has delivered similar solutions in localities that include Covington, Middletown, Montgomery County, Dayton’s Oregon District, the City of Wyoming, and the City of Fairborn.

“Cincinnati Bell has been connecting businesses and customers for more than 140 years, and our WiFi and Smart City partnership with the Village of Lockland and Lockland School District continues this tradition,” said Jason Praeter, President and General Manager of Cincinnati Bell’s Entertainment & Communications business. “Digital Equity ultimately comes down to providing universal Internet access and opportunity through connectivity, regardless of one’s socioeconomic status. Education, jobs, and healthcare are the great equalizers in our society. As a result of this initiative, more of our friends and neighbors will have access to educational tools, job opportunities, and health-care resources.”

About Cincinnati Bell Inc.

With headquarters in Cincinnati, Ohio, Cincinnati Bell Inc. (NYSE: CBB) provides integrated communications solutions – including local and long distance voice, data, high-speed Internet and video – that keep residential and business customers in Greater Cincinnati and Dayton connected with each other and with the world. In addition, enterprise customers across the United States and Canada rely on CBTS and OnX, wholly-owned subsidiaries, for efficient, scalable office communications systems and end-to-end IT solutions. For more information, please visit www.cincinnatibell.com. The information on the Company’s website is not incorporated by reference in this press release.

Cincinnati Bell

Josh Pichler, 513 565-0310

[email protected]

KEYWORDS: Ohio Hawaii Kentucky United States North America

INDUSTRY KEYWORDS: VoIP Mobile/Wireless Networks Internet Training Technology Other Education Construction & Property Primary/Secondary Education Building Systems Telecommunications

MEDIA:

Logo
Logo