C STOCK DEADLINE: Zhang Investor Law Reminds Investors with Losses of the Deadline in Securities Class Action Lawsuit Against Citigroup Inc. – C

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Citigroup Inc. (NYSE: C) between January 15, 2016 and October 12, 2020, inclusive (the “Class Period”).

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=citigroup-inc&id=2503 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=citigroup-inc&id=2503

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (a) Citigroup’s failure to implement and maintain an enterprise-wide risk management and compliance risk management program, internal controls, or a data governance program commensurate with the Company’s size, complexity, and risk profile; (b) Citigroup’s failure to establish an effective risk governance framework; (c) Citigroup’s failure to establish enterprise-wide risk management policies, standards, and frameworks necessary to adequately identify, measure, monitor, and control risks ; (d) Citigroup’s failure to establish effective front-line units, independent risk management, internal audit, and control functions; (e) Citigroup’s failure to develop and execute on a comprehensive plan to address data governance deficiencies, including data quality errors and failure to produce timely and accurate management and regulatory reporting; (f) that Citigroup had failed to make the investments required to address its regulatory shortcomings; (g) that the Company had failed to implement and establish the requisite internal controls, risk management and data governance processes to comply with regulatory requirements, existing consent orders, and applicable laws and regulations; (h) that the Company was currently exposed to significant financial and operational risk, including risk from outdated and manual processes that left the Company susceptible to material accounting errors; (i) that the Company was currently suffering from material deficiencies in its policies, procedures and practices applicable to data integrity and data governance and had failed to develop and execute on a plan to address these deficiencies as required by regulators; (j) that the Company lacked the required personnel with appropriate training, experience and authority to implement the required risk management and internal controls; and (k) that as a result of the foregoing, the Company had engaged in unsafe and unsound business practices that exposed it to heightened regulatory, legal, business and reputational risks. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than December 29, 2020.

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



Freddie Mac Multifamily Closes First Social Impact M-Deal Supporting Housing for Homeless Veterans and Those in Need

MCLEAN, Va., Dec. 08, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently closed its first Social Impact M-Deal backed by 27 mission-focused properties for low-income residents, many of whom are disabled, seniors with disabilities or homeless veterans. The transaction provided $359 million in liquidity to Arc70 to fund bonds backed by properties that address affordable housing challenges or properties serving underserved groups considered to be among the most vulnerable. This is the first M Certificate offering under the company’s Social Bonds Framework, which is part of the larger Impact Bonds series.  

“We are proud to announce our inaugural Social Impact M-Deal, part of our Impact Series focused on providing critical funding for affordable properties and those serving underserved groups,” said Steve Johnson, vice president, Targeted Affordable Housing Production at Freddie Mac Multifamily. “Partnerships like the one with Arc70 allow Freddie Mac to continue to deliver on our mission of preserving and revitalizing affordable housing across the country.”

“This Social Impact M-Deal provides financing necessary for critically needed and safe affordable housing, which is the core focus of Arc70,” said Denny Hou, co-founder of Arc70. Adrian Garcia, co-founder of Arc70, added, “This transaction demonstrates how our strong long-term partnership with Freddie Mac can work with the capital markets to meet diverse housing needs in underserved communities at scale.”

The proceeds from the underlying bonds are used to back 27 rental properties for low-income, veteran and disabled senior residents. These properties include:

  • The Abigail Apartments in Portland, Oregon, a newly constructed mixed-use multifamily property where the majority of units are reserved for tenants who meet extremely low- and very low-income criteria.
  • Step-Up on Second in Santa Monica, California, a newly renovated apartment complex focused on providing psychosocial rehabilitation and support to homeless and those affected by serious mental issues.
  • The Grove at Parkside, a recently constructed property in Washington, D.C., providing affordable housing to tenants making at or below 60% of the area median income.

Freddie Mac Multifamily is the nation’s multifamily housing finance leader. Historically, more than 90% of the eligible rental units we fund are affordable to families with low-to-moderate incomes earning up to 120% of area median income. More than 90% of the mortgages purchased support rental units for households earning 120% of area median income or below. Freddie Mac securitizes about 90% of the multifamily loans it purchases, thus transferring the majority of the expected credit risk from taxpayers to private investors.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac’s blog FreddieMac.com/blog.

MEDIA CONTACT:
Mike Morosi

(703) 918-5851

[email protected]

 



Insure.com Finds America’s Best Health Insurers: Surveying 2,200+ Consumers

Identifying affordable health insurance remains a priority for policyholders, with Kaiser Permanente ranking on top

PR Newswire

FOSTER CITY, Calif., Dec. 8, 2020 /PRNewswire/ — Insure.com, a comprehensive resource for insurance information, releases its ninth annual survey detailing the most outstanding health insurance companies for 2021. The top ranked companies offer competitive pricing, strong customer service and have a consumer base willing to recommending them.

The five highest-ranking health insurance companies for 2021 are:

  • Kaiser Permanente
  • Blue Shield of California
  • Humana

  • Florida Blue (BCBS of Florida)
  • UnitedHealthcare

The complete study is available: Best health insurance companies for 2021.

Insure surveys health insurance providers using one of the most unique, up-to-date, annual analyses of member satisfaction. Insurers with the most market share in the nation are ranked on customer service, cost, claims service, whether policyholders plan to renew, whether or not policyholders would recommend the company, and finally, the website and/or apps’ usefulness.

Top ranking companies distinguish themselves in different ways. Blue Shield of California finishes highly within each category and ranks at the top in claims processing. Members especially appreciate the company’s billing process and payment options. Humana ties for the top spot with Florida Blue in both the billing and payment options categories.

As an integrated health system, Kaiser Permanente facilitates members navigating the health system. Ease of navigation is an important contributor to member satisfaction. Kaiser ranks well with Generation X and ties with Humana for top health plan among Baby Boomers.

Humana earns a strong finish overall, scoring well for its affordable pricing, and continues to be one of the largest Medicare Advantage insurers with plans offered in most states.

“Price plays a vital role when choosing a health insurance company, but other aspects of coverage are equally as important for member satisfaction,” explains Les Masterson for Insure. “Members may avoid unexpected medical bills by choosing an insurer with high marks for paying claims promptly.”

“Claim payments are critical to a member’s satisfaction,” adds Masterson. “Prompt and full payments can mean fewer headaches and out-of-pocket costs for members.”

Perhaps the biggest jump in performance belongs to UnitedHealthcare, ranked thirteenth in last year’s assessment, the company rockets to a top five position in the current survey. As the insurer with the largest Medicare Advantage membership and the top insurer in the Midwest by survey respondents, UnitedHealthcare leaps into the list of best health insurers.

Commissioned by Insure, Op4G surveyed over 3,700 insurance customers nationwide in October 2020 and reached more than 2,200 people with the health-specific survey. Analysis of this research is independent and editorial; companies did not pay to be included.

Masterson is available to discuss the analysis of best health insurance companies during this period while open enrollment for individual plans is underway.

About Insure
Insure.com is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. Insure is a member of QuinStreet’s expert research and publishing division.

For over 20 years, Insure has served as a comprehensive consumer resource for insurance information, offering expert advice, articles, news, and tools about car, home, health, and life insurance. Consumers have access to free car insurance quotes and guidance on finding the right insurance policy, saving money and solving claims problems.

Twitter: @InsureCom
Facebook: https://www.facebook.com/Insure

Media Contact

Jacqueline Leppla 
Senior Director of Public Relations
Direct +1 775 321 3608
Email: [email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/insurecom-finds-americas-best-health-insurers-surveying-2-200-consumers-301188224.html

SOURCE Insure.com

Scotch-Brite™ Brand Spreads Cheer, Not Germs With Holiday Gift Guide

Survey Reveals 51 Percent of Americans Have Cleaning Supplies on Their Holiday Wish List

PR Newswire

ST. PAUL, Minn., Dec. 8, 2020 /PRNewswire/ — If consumers feel like they’ve spent much of 2020 scrubbing, sanitizing and hunting for cleaning supplies, they’re right – so much so that a new survey* commissioned by Scotch-Brite™ Brand revealed that 51 percent of Americans have cleaning necessities on their holiday wish lists. That’s why Scotch-Brite™ Brand, the maker of powerful cleaning tools for an extraordinary clean in every room of the home, teamed up with actress, author, mom and cleaning aficionado Busy Philipps to launch a one-of-a-kind Holiday Gift Guide featuring playful cleaning-inspired gifts and cleaning supplies – some of the most sought-after items of the year.

Inspired by the 51 percent of Americans who have cleaning supplies on their holiday wish list, Scotch-Brite™ Brand seeks to spread cheer, not germs, with one-of-a-kind Holiday Gift Guide.

From disinfectant-themed pajamas and actual disinfectant, to bedazzled toilet scrubbers and “Cleaning is My Cardio” t-shirts, consumers can help spread holiday cheer instead of germs this season, helping provide a much-needed fresh start this holiday season. The gift guide also includes 3M’s TB Quat Disinfectant Ready-to-Use Cleaner, which was recently approved by the U.S. Environmental Protection Agency (EPA) for kill claims against SARS-CoV-2, the virus that causes COVID-19. The best part? All Scotch-Brite™ Brand Holiday Gift Guide items are free, while supplies last through December 23, 2020.

“Never in my wildest dreams would I have imagined that disinfectant was the hot item of the year, but it is!” said Philipps. “The Scotch-Brite™ Brand Holiday Gift Guide was created knowing that everyone’s holiday wish lists were looking different this year. Not only is the brand offering tried and true cleaning tools and disinfectant, they’re inspiring people to have some fun while they scrub and sanitize – something that isn’t always super exciting.”

“Given the importance of cleaning in 2020, it’s no wonder that two-thirds of Americans claim they feel relief or thrill when they see cleaning supplies stocked on store shelves,” said Beth Edinger, Vice President of 3M’s Home Care Division. “We introduced the Scotch-Brite™ Brand Holiday Gift Guide to not only help support home care and consumers’ wellness, but also bring a smile to people’s faces amid an incredibly challenging and stressful time.”

SCOTCH-BRITE
™ BRAND HOLIDAY GIFT GUIDE ITEMS
To order from the Scotch-Brite™ Brand Holiday Gift Guide, consumers can visit Scotch-Brite.com/GiftGuide and select from a limited supply of 14 different items across four cleaning-inspired categories. Starting Tuesday, December 8, 2020 through Friday, December 11, 2020 at 11:00 A.M. EST, a new category of gifts will be available for gifting. While supplies last, consumers will be directed to enter in their first and last name, shipping address and email. Limit of one gift item per person. The Holiday Gift Guide includes:

  • Scrub & Sterilize in Style: Available for Gifting on December 8
    • “Disinfectant & Sponges & Toilet Scrubbers & Dishwands” Hoodie
    • “Cleaning is My Cardio” T-shirt
    • Bedazzled Advanced Soap Control Non-Scratch Dishwand
    • Bedazzled Disposable Toilet Scrubber
  • Après Cleaning Luxuries
    : Available for Gifting on December 9
    • “Dreaming of Disinfectant” Pajamas
    • “Shhh…the House is Clean and I Deserve This” Sleep Mask
    • “Clean Changes Everything” Plush Bathrobe
    • “I Came, I Cleaned, I Chilled” Relaxation Kit
  • Gifts They Won’t Return
    : Available for Gifting on December 10
    •  Holiday Stocking & Scrub Squad Stuffers
    • “My Guest Destroyed the Bathroom” Survival Kit
    • “Confident Clean” Gift Set
  • Merry & Brite
    : Available for Gifting on December 11
    • Advanced Scrub Dots Sparkling Christmas Tree Topper
    • Merry Maids “Cleaning Reinforcements Are Here” Gift Certificate
    • “Seasonally Spotless Cleaning Tools” 2021 Calendar

Download visual assets for the Scotch-Brite™ Brand Holiday Gift Guide HERE.

SCOTCH-BRITE™ BRAND CLEANING SURVEY RESULTS
While 2020 has proven to be a year filled with continuous changes, one thing has remained constant – the need to clean. That’s why it’s no surprise that:

  • 70 percent of Americans agree that keeping their homes clean was more challenging than ever this year, and 66 percent stated it is harder to keep up with cleaning than it is to get kids to pay attention to virtual learning.
  • Two-thirds of Americans (67 percent) admit to feeling relief or thrill when they finally see fully stocked store shelves of disinfectants and sanitizers.
  • 82 percent of Americans expect to get gifts that are less useful than cleaning supplies.


3M DISINFECTANT APPROVED BY EPA FOR USE AGAINST THE VIRUS THAT CAUSES COVID-19
 
TB Quat Disinfectant Ready-to-Use Cleaner from 3M was recently approved by the EPA for kill claims against SARS-CoV-2, the virus that causes COVID-19, on hard, non-porous surfaces. Long used for its cleaning, deodorizing and disinfecting power in high-traffic facilities, including hospitals, nursing homes, schools, hotels and office buildings, 3M’s TB Quat Disinfectant Ready-to-Use Cleaner is now available in a convenient spray bottle for consumer use throughout the entire home.

SCOTCH-BRITE™ BRAND SUPPORT FOR CLEANING FOR A REASON
As part of its holiday program, Scotch-Brite™ Brand is proud to partner with Cleaning for a Reason, a nonprofit organization that offers free home cleaning services to patients battling cancer. With Scotch-Brite™ Brand’s support, the homes of an additional 3,000 patients will be cleaned in 2021.

“A clean environment is a necessity for patients fighting cancer and even more so during the pandemic,” said Sandy Wolfrum, Director of Development for ISSA Charities, the parent non-profit organization for Cleaning for a Reason. “We offer cleaning services to as many Americans undergoing treatment as we can and Scotch-Brite™ Brand’s contribution will allow us to make a significant impact in the lives of these deserving individuals. We are grateful for their partnership and support.”

For more information about Scotch-Brite™ Brand, visit Scotch-Brite.com and follow Scotch-Brite™ Brand on Facebook, Instagram, Twitter and Pinterest.

*The Scotch-Brite Brand Survey was conducted by Wakefield Research among 1,000 nationally representative U.S. adults ages 18+ between October 27th and November 2nd, 2020, using an email invitation and an online survey. Quotas have been set to ensure reliable and accurate representation of the U.S. adult population, ages 18+.

About 3M
At 3M (NYSE: MMM), we apply science in collaborative ways to improve lives daily. With $32 billion in sales, our 96,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNews.

About Cleaning for A Reason
Cleaning for a Reason is the nonprofit that provides free home cleaning to households battling cancer — any woman, man, or child in cancer treatment may apply. We partner with professional cleaning companies throughout the United States and Canada to donate these cleanings. For more information, go to cleaningforareason.org.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/scotch-brite-brand-spreads-cheer-not-germs-with-holiday-gift-guide-301188499.html

SOURCE 3M

Pennsylvania American Water Selected to Purchase Brentwood Borough Wastewater System

Pennsylvania American Water Selected to Purchase Brentwood Borough Wastewater System

Acquisition of collection system approved yesterday by Brentwood Borough Council will grow company’s wastewater footprint by more than 4,000 customers

PITTSBURGH–(BUSINESS WIRE)–
Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), announced today that it was selected to acquire the wastewater collection system assets of Brentwood Borough in Allegheny County for approximately $19 million. The company’s selection follows a recent vote by the Brentwood Borough Council in favor of Pennsylvania American Water’s bid.

“For many years, our company and our employees have been providing reliable water service to this community, and we are excited to be selected to provide wastewater service,” said Pennsylvania American Water President Mike Doran. “We are well-equipped to offer the technical expertise and financial resources needed to meet the environmental compliance challenges the system faces now and in the future.”

Brentwood Borough initially issued a request for bids in January of 2020 for the potential acquisition of its wastewater collection system, which serves approximately 4,100 customers and includes approximately 38 miles of sewer mains.

Pennsylvania American Water and Brentwood Borough will seek approval of the acquisition from the Pennsylvania Public Utility Commission (PUC), the Allegheny County Health Department and the Pennsylvania Department of Environmental Protection.

Doran said long-term rate stability is one of the most important benefits for wastewater customers. Under the purchase agreement, Pennsylvania American Water will not increase base wastewater rates any earlier than two calendar years after the closing.

The company’s rates are regulated by the PUC and any future rate changes would have to be reviewed and approved by the PUC. Pennsylvania American Water offers grants and discounted service to its low-income wastewater customers who qualify through its H2O Help to Others Program.

Pennsylvania 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 2.4 million people. 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 an estimated 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.

Gary Lobaugh

External Affairs Manager

724-944-5148

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Energy Natural Resources Utilities Other Natural Resources

MEDIA:

Logo
Logo

CardRatings Finds More Than 70% of Shoppers will Spend the Same Amount or More on Holidays This Year Despite Pandemic

COVID-19 wreaks havoc on American economy but not holiday shopping spirit

PR Newswire

FOSTER CITY, Calif., Dec. 8, 2020 /PRNewswire/ — After 10 months of the coronavirus pandemic wreaking havoc on the American economy, a new CardRatings.com survey shows consumers are determined to move forward with their normal holiday shopping budgets. The credit card ratings site polled 1,000 Americans nationwide about how they plan to pay for holiday gifts and if COVID-19 has affected their shopping in its second annual holiday survey. The analysis shows American shoppers will not let the pandemic upend their typical holiday spend.

Pandemic Not Affecting Financial Spend on Presents

  • Nearly 3 out of 4 shoppers surveyed plan to spend more or the same amount as last year on holiday shopping (72%)
    • 51% of respondents plan to spend about the same
    • 21% expect to spend more on holiday shopping
  • Less than one-third indicate they will spend less per person this year compared to 2019 (28%)
  • The average total gift amount per person is about $133

The shoppers surveyed plan to spend an average of $710 this year and the majority report they do not feel pressure to spend beyond their means (73%). However, about 27% of respondents say they do feel pressure. While this is slightly less than last year’s survey, which found one-third felt pressured to spend beyond their means, it’s more than one out of four shoppers. 

“What we don’t want to see is consumers spending more than their bank accounts allow. One way to curtail this is to create a budget in advance,” remarks Jennifer Doss, an editor for CardRatings. “We want consumers to shop smart: stick to a budget, use a shopping portal like Rakuten and pay with the best credit cards for their lifestyle. That way they’ll get the most out of their rewards. ”

How Consumers Plan to Pay for Holiday Gifts

  • About 37% of respondents will pay with a debit card
  • The same amount plan to use their credit cards (37%)
  • Only 14% will open a new credit card to pay for presents, down 9% from last year
  • Just 17% plan to pay with cash, which could be a reflection of the increase in online shopping
  • Merely 2% report they will pay for gifts using paper checks
  • Around 7% of respondents plan to use gift cards to pay for gifts

Recession Will Not Delay Holiday Credit Card Debt Payoff

The majority of respondents, 66%, expect to pay off their debts throughout the holiday season; this means consumers who use their credit cards to finance gift purchases will not carry a balance into the new year and will not have to resort to high interest loans to pay it off. Unfortunately, 17% of respondents who usually pay off their credit card balance expect to carry one this holiday season and pay it off over time.

“That number is about the same aslast year’s analysis. While shoppers can use their credit cards to rack up rewards, they may want to find out how long it will take to pay off those Christmas presents before they swipe their cards. We have a credit card payoff calculator where they can figure out how long it will take in three simple steps.”

When Consumers Shop for the Holidays

  • Most people surveyed start shopping in November (35%)
  • October is the next most popular month (15%)
  • Only 12% wait until December to shop
  • About 3% started last January and 1% started in February or March

For the complete survey analysis visit the COVID-19 pandemic will not dramatically affect holiday gift spending, CardRatings survey reveals.

Survey Methodology
In November 2020, CardRatings commissioned Op4G to conduct surveys among 1,000 holiday gift-givers nationwide. All participants self-reported demographic and personal information.

Jennifer Doss is available to discuss the survey analysis in greater depth. She can expand on how shoppers can use credit cards for cash-back rewards and how to pay off credit card debt.

About CardRatings
CardRatings is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. CardRatings is a member of QuinStreet’s expert research and publishing division.

CardRatings innovated online credit card ratings and has been offering independent ratings and reviews of credit card offers since 1998. The website collects and maintains data on more than 700 credit card offers and carefully compiles objective lists of the top credit cards by card type, making it easy for consumers to find the right card to fit their needs. Sign up for the bimonthly newsletter here.

Twitter: @CardRatings 
Facebook: https://www.facebook.com/CardRatings

Media Contact

Amy Eury

Public Relations Manager
412-532-9352
[email protected]
LinkedIn

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cardratings-finds-more-than-70-of-shoppers-will-spend-the-same-amount-or-more-on-holidays-this-year-despite-pandemic-301187703.html

SOURCE CardRatings.com

Zhang Investor Law Alerts Investors to Deadline in Securities Class Action Lawsuit Against HP Inc. – HPQ

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of HP Inc. (NYSE: HPQ)  between November 6, 2015 and June 21, 2016, inclusive (the “Class Period”).

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=hp-inc-2&id=2482 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=hp-inc-2&id=2482

If you wish to serve as lead plaintiff, you must move the Court before January 4, 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, among other things: HP’s channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; HP’s channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; HP’s channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP’s inventory management metrics; and as a result, defendants’ statements about HP’s business condition and prospects were materially false and misleading when made. When the true details entered the market, the lawsuit claims that investors suffered damages.

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



Spark Networks Promotes Gitte Bendzulla to Chief Operations Officer

PR Newswire

BERLIN, Dec. 8, 2020 /PRNewswire/ — Spark Networks SE (NYSE: LOV), one of the world’s leading online dating companies, has announced the promotion of Gitte Bendzulla to Chief Operations Officer (COO).

Bendzulla, Spark’s first female COO, takes the role in addition to her position as the company’s Chief Legal Officer and managing director.

Reporting directly into Spark CEO Eric Eichmann, Bendzulla’s responsibilities will include overseeing operational efficiency and excellence for Spark and supporting growth and innovation for its portfolio of premium dating brands including Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, JSwipe and eDarling

Eichmann says, “I’m excited to have Gitte promoted to Chief Operating Officer and Chief Legal Officer at Spark. Her knowledge of the company, commitment to excellence and terrific leadership will serve us well as we enter a critical phase for Spark’s success. I look forward to working closely with Gitte for many years to come.”

In addition to providing critical support for Spark’s advancement and growth, Bendzulla will continue to drive inclusivity within the company, building on the culture she helped foster in her previous role as a Spark managing director and the company’s Chief of Staff.

Bendzulla says, “I am thrilled to expand my responsibilities at Spark Networks and support Spark as COO on its exciting journey ahead. My appointment underlines Spark’s strong commitment to inclusion, one of the cornerstones of the Spark culture and a driver for success.

My peers and I are committed to working together to enhance operational excellence and foster diversity, allowing us to continue to gain growth and productivity in a purposeful workplace.”

Bendzulla joined the company as General Counsel in 2018, before taking on the triple duties of managing director, Chief of Staff, and Chief Legal Officer in 2019.

Before joining Spark Networks, Bendzulla held several senior legal positions on a European and global scale with Juniper Networks, APM Terminals, Eaton Industries and the SITA Suez group. She is admitted to the German bar and holds a master’s degree from the University of Bayreuth in Germany.

About Spark Networks SE:

Spark Networks SE is America’s second largest dating company, listed on the New York Stock Exchange American under the ticker symbol “LOV,” with headquarters in Berlin, Germany, and offices in New York and Utah. The Company’s widening portfolio of premium and freemium dating apps include Zoosk, EliteSingles, Christian Mingle, Jdate, JSwipe, SilverSingles and eDarling, among others. Spark Networks SE in its current form is the result of the merger between Affinitas GmbH and Spark Networks, Inc. in 2017 and the addition of Zoosk, Inc. in 2019. Spark Networks has approximately one million monthly paying subscribers globally.

Safe Harbor Statement:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, statements involving known and unknown risks, uncertainties, and other factors that may cause Spark Networks’ performance or achievements to be materially different from those of any expected future results, performance, or achievements. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Written words, such as “believes,” “hopes,” “intends,” “estimates,” “expects,” “projects,” “plans,” “anticipates,” and variations thereof, or the use of future tense, identify forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially, including, but not limited to, the risk that the benefits from the acquisition of Zoosk, Inc. may not be fully realized or may take longer to realize than expected; risks related to the degree of competition in the markets in which Spark Networks operates; risks related to the ability of Spark Networks to retain and hire key personnel; the timing and market acceptance of new products introduced by Spark Networks’ competitors; Spark Networks’ ability to identify potential acquisitions; Spark Networks’ ability to comply with new and evolving regulations relating to data protection and data privacy; general competition and price measures in the market place; risks related to the duration and severity of Covid-19 and its impact on Spark Networks’ business; and general economic conditions. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” in Spark Networks’ Annual Report on Form 20-F for the year ended December 31, 2019 and in other sections of Spark Networks’ filings with the Securities and Exchange Commission (“SEC”), and in Spark Networks’ other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to Spark Networks as of the date hereof, and Spark Networks assumes no obligation to update any forward-looking statement except as required by law.

Contact:

Christopher Camarra

Vice President of Investor Relations
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/spark-networks-promotes-gitte-bendzulla-to-chief-operations-officer-301188565.html

SOURCE Spark Networks SE

RedfinNow Launches in Seattle and San Francisco Metro Areas

Redfin is the first iBuyer to bring its convenient and safe home-selling option to Seattle and Bay Area homeowners

PR Newswire

SEATTLE, Dec. 8, 2020 /PRNewswire/ — (NASDAQ: RDFN) — RedfinNow launched today in the Seattle and San Francisco metro areas. RedfinNow is the iBuying service from Redfin (www.redfin.com), the technology-powered real estate brokerage, which gives homeowners a convenient new way to sell. Sellers can request a cash offer directly from Redfin and skip the hassle of fixing up their homes or clearing out for open houses and private showings. Redfin is the first major iBuyer to launch in Seattle and the Bay Area, bringing this innovative new way to sell a home to two of the world’s leading technology hubs.

“We’re all spending more time at home than ever before and many of us are dreaming of a home with a larger yard, a dedicated office, maybe even in a new city,” said Quinn Hawkins, head of RedfinNow. “Yet at the same time, the idea of selling your home before you’ve found a new place to move is daunting, especially if you’re moving out of town.”

With record levels of competition for homes, RedfinNow is perfect for sellers who need the equity in their current home to buy their next one. Selling to RedfinNow lets homeowners choose their closing date, so they have the money to complete their purchase and only have to move once. Expanding RedfinNow to Seattle and the Bay Area is part of Redfin’s strategy to offer homeowners a complete solution, with multiple ways to sell their home.

“Every homeowner wants to know what they could get for their home from an instant sale and compare it to listing on the open market,” said Adam Wiener, Redfin’s chief growth officer. “Even for customers who start by requesting a cash offer, many end up selling their home with a real estate agent.We’re the only national brokerage working to offer homesellers a complete range of options to meet their needs.”

Redfin’s real estate agents, who have been helping clients buy and sell homes in Seattle and the Bay Area since 2006 provide a full-service offering for a listing fee as low as 1%. Redfin has also offered its Concierge listing service in both markets since 2018. For a listing fee as low as 2%, Redfin Concierge helps sellers who want help getting their home ready to go on the market. Redfin’s Concierge team prepares a customized plan to make every home shine, sources the vendors and manages the project at every step.

“With RedfinNow, our full-service real estate agents, and Redfin Concierge, we’ve been building a complete selling solution and are thrilled to be the first to offer it to customers in our own backyard,” added Wiener.

To request a cash offer, homeowners visit www.redfin.com/now, type in their address and provide some basic information about their home. RedfinNow uses local insight and its proprietary machine-learning algorithms to make a competitive cash offer based on the home’s location, condition and the cost of repairs. Sellers can pick their closing date between 10 and 60 days from accepting Redfin’s offer.

Once RedfinNow owns a home, it makes updates and then lists the home for sale on the open market. Redfin makes it easy for buyers to safely tour RedfinNow listings without an appointment. Buyers can unlock the door of most RedfinNow homes with the Redfin app and self-tour seven days a week, from 8 am to 8 pm, with or without an agent.

An iBuying pioneer since it launched in Southern California in early 2017, RedfinNow is now available in all of California’s largest metro areas, including the Inland Empire, Los Angeles, Orange County, Palm Springs, Sacramento and San Diego, as well as several markets in Texas and Colorado.

In Seattle and San Francisco, the company will start making offers today on homes that fit the following parameters and expand to additional neighborhoods and property types over time. The parameters are subject to change:

  • Seattle Area: Single family homes and townhomes built after 1930 worth up to $1.6 million. RedfinNow is currently available in parts of King, Pierce and Snohomish counties, including neighborhoods in Seattle, Bellevue, Tacoma, Redmond and Everett.
  • Bay Area: Single family homes and townhomes built after 1930 worth up to $1.5 million. RedfinNow is currently available to homeowners in the East Bay and South San Jose areas.

To learn more about RedfinNow and to request an offer for your home, visit www.redfin.com/now.

About Redfin
Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we also run the country’s #1 real estate brokerage search site, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email [email protected]. To view Redfin’s press center, click here.

Redfin-F

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/redfinnow-launches-in-seattle-and-san-francisco-metro-areas-301188558.html

SOURCE Redfin

BSX Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Boston Scientific Corporation Investors of Class Action and Lead Plaintiff Deadline: February 3, 2021

PR Newswire

NEW YORK, Dec. 8, 2020 /PRNewswire/ — Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Boston Scientific Corporation (“Boston Scientific” or the “Company”) (NASDAQ: BSX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Boston Scientific securities between April 24, 2019 to November 16, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/bsx.                         

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. 

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (2) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/bsx or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Boston Scientific you have until February 3, 2021 to request that the Court appoint you as lead plaintiff.  Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bsx-investor-alert-bronstein-gewirtz–grossman-llc-notifies-boston-scientific-corporation-investors-of-class-action-and-lead-plaintiff-deadline-february-3-2021-301188002.html

SOURCE Bronstein, Gewirtz & Grossman, LLC