Royce Global Value Trust, Inc. Announces Additional Details Regarding Year-End Common Stock Distribution

PR Newswire

NEW YORK, Dec. 11, 2020 /PRNewswire/ — Royce Global Value Trust, Inc. (NYSE-RGT) (the “Fund”) has declared a year-end distribution of $1.19 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 31, 2020 to stockholders of record at the close of business on December 18, 2020 (ex-dividend on December 17, 2020). The price of shares issued for reinvestment will be determined on December 28, 2020.

The Fund’s estimated sources of the distribution to be paid on December 31, 2020 are as follows:


Distribution Per Share


Net Investment
Income


Net Realized



Short-Term Gains


Net Realized



Long-Term Gains


Return of Capital

$1.19

$0.00 (0%)

$0.00 (0%)

$1.19 (100%)

$0.00 (0%)

You should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

About
 
Royce
 Global Value Trust, Inc.

Royce Global Value Trust, Inc. is a closed-end diversified management investment company whose shares are listed and traded on the New York Stock Exchange. The Fund invests in both U.S. and non-U.S. common stocks (generally market caps up to $10 billion).

For further information on The Royce Funds℠, please visit our web site at: www.royceinvest.com.

 

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SOURCE Royce Global Value Trust

Itaú Unibanco Holding S.A. Announcement to the Market

Itaú Unibanco announces new Executive Committee

PR Newswire

SÃO PAULO, Dec. 11, 2020 /PRNewswire/ — Following the nomination of Milton Maluhy Filho as its Chief Executive Officer as of February 2021, Itaú Unibanco Holding S.A. (“Itaú Unibanco or Company”) announced today several changes in its Executive Committee.

The new composition aims to bring the Executive Committee even closer to the business, simplify Itaú’s operation and management model and allow for greater autonomy and speed in decision making.

The new Committee will be composed by the following executives:

Alexandre Zancani will be responsible for Auto Loans, Mortgage and Consórcio, as well as ItaúCorrespondente, Digital Customer Acquisition and Retail Credit and Recovery.

André Rodrigues will be responsible for the Retail Bank (Itaú Agencias, Itaú Uniclass, Personnalité, Companies, Branches Network, Individual and SME Products, CRM, Digital Channels and User Experience), Insurance and SME Loans.

André Sapoznik will be responsible for the new Payments structure, covering Credit Cards, Rede, iti and Cash Management. André will remain responsible for Operations and Customer Services and will also be in charge of Marketing.

Carlos Constantini will be responsible for WMS (Wealth Management and Services), which comprises the areas of Asset Management, Funds of Funds, Private Global and vertical of Investments, Investment Products and Investment Services and Operations.

Flavio Souza will be the Chief Executive Officer of Itaú BBA, responsible for the Commercial Banking and Corporate and Investment Bank (CIB) areas, including fixed income and equity distribution, and Research, as well as for the Corporate credit department.

Additionally, a new structure will be created to encompass Treasury, Corporate Products and Trading Desk, Macroeconomics, as well as the bank’s operations in South America ex-Brazil (Argentina, Paraguay, Uruguay, Chile and Colombia). We will soon announce the person responsible for this structure.

Alexsandro Broedel will be the bank’s CFO, responsible for Finance and Investor Relations, Real Estate and Procurement.

Leila Melo will be responsible for Legal, Ombudsman, Institutional Communication, Institutional Relations, Sustainability and Government Relations.

Matias Granata will be the CRO, responsible for Market, Credit and Operational Risks, Capital Management, as well as for the Corporate Security, Compliance and Anti- Money Laundering.

Ricardo Guerra will be responsible for Technology.

Sergio Fajerman will be responsible for People.

Candido Bracher will remain in the presidency until February 2, 2021 and until then he will conduct the transition with Milton Maluhy in a structured way.


ALEXSANDRO BROEDEL

Group Executive Finance Director and Head of Investor Relations

CNPJ 60.872.504/0001-23
Companhia Aberta
NIRE 35300010230

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SOURCE Itaú Unibanco Holding S.A.

Indiana Visitor to The Venetian Resort Hits Jackpot for more than $650,000 on Aristocrat’s Mad Max: Fury Road™ Slot Game

PR Newswire

LAS VEGAS, Dec. 11, 2020 /PRNewswire/ — Jeremy, an Indiana resident, turned a recent visit to The Venetian Resort into a $656,665.80 payday when he hit the jackpot on Aristocrat Gaming’s Mad Max: Fury Road™ slot game on Monday, November 28, following the Thanksgiving holiday. Jeremy was visiting the casino to celebrate his birthday, which made the unexpected win that much more exciting.

The Mad Max: Fury Road slot game is based on the smash hit film and takes players on a wild adventure in a post-apocalyptic world, amplified by Aristocrat’s cinematic game features. MAD MAD MAX: FURY ROAD and all related characters and elements © & ™ Warner Bros. Entertainment Inc. (s20)

Click to download high-res image


ABOUT ARISTOCRAT TECHNOLOGIES INC.

Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 6,000 employees. The company is licensed in over 300 gaming jurisdictions, operates in more than 90 countries, and offers a unique blend products and services. The company is the leading designer, manufacturer and distributor of Class III games as well as Class II Innovations for Native American casinos and emerging markets. The company’s mission is to bring joy to life through the power of play. Its values are rooted in creativity and technology, and the company has a rich history of innovation that has shaped the gaming industry over many decades. For further information, visit the company’s website at www.aristocrat-us.com


Aristocrat Media Contact


Meghan Sleik, [email protected]

 

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SOURCE Aristocrat Technologies Inc.

UFCW Canada is joined by Mexican officials in calling for increased protections for migrant farm workers

TORONTO and MEXICO CITY, Dec. 11, 2020 (GLOBE NEWSWIRE) — The United Food and Commercial Workers Union (UFCW Canada) held a virtual press conference on Thursday, December 10 to present Mexican officials, policy leaders, and members of the media with the union’s Status of Migrant Farm Workers in Canada report, and to call for urgent reforms to Canada’s Temporary Foreign Worker Program (TFWP).

At the conference, UFCW Canada National President Paul Meinema outlined recommendations from the 46-page report that could help improve the TFWP, reduce the vulnerability of migrant farm workers labouring in Canada, and provide migrant workers with pathways to permanent residency. President Meinema explained that the report’s 14 recommendations are based on direct input from migrant agricultural workers, as well as UFCW’s thirty years of advocacy on behalf of these workers.

A key recommendation that would drastically improve the working conditions and living standards of migrant farm workers is making union representation an essential and fundamental aspect of the TFWP, Meinema told the conference attendees. To read the full Status of Migrant Farm Workers in Canada report, click here.

Every year, tens of thousands of migrant agricultural workers come to Canada from Mexico and other countries to grow, harvest, and process Canadian food products. However, despite their tremendous contributions to Canada’s food sector, some migrant workers experience mistreatment by employers and endure other forms of abuse.

“We know from our three decades of advocacy that highly vulnerable and precarious migrant workers are essentially unable to exercise their so-called rights when facing exploitative and abusive treatment by employers,” Meinema said. “And that is why UFCW Canada is calling on the Government of Canada to institute a proper representation model for the TFWP, whereby migrants are properly protected by strong and established labour unions like UFCW Canada.”

During the online conference, participants also heard from Mexican migrant farm worker Alvaro Gutierrez, who spoke about the immense challenges he has faced while working in Canada during COVID-19, as well as the numerous health and safety concerns that the coronavirus has presented for migrant agricultural workers.

“The Mexican government’s recent decision to stop sending workers to Canada out of fear that their health and safety might be at risk highlights the fact that Canada needs to do a much job better of protecting workers enrolled in the TFWP,” said UFCW Canada Western Regional Director Pablo Godoy, who also presented at the press conference. “Unions like UFCW have been playing a major role in helping to protect migrant workers in Canada, but access to union representation is essential to fully realizing the aims of this work.”

Mexican officials who attended the conference and who expressed their gratitude for UFCW Canada’s work on behalf of migrant farm workers, while also acknowledging the need for increased protections for migrant workers, included:

Congressman Max Agustin Correa Hernandez, Local Representative of the State of Mexico and General Secretary of the Central Campesina Cardenista

Leticia Maki Teramoto Sakamoto, General Director for the Protection of Mexicans Abroad of the Foreign Affairs Ministry

Jose Antonio Corona Yurrieta, General Director of Employment and Productivity of the Secretary of Labour of the Government of the State of Mexico

Congresswoman Violeta Nova Gomez, representative of the southern districts of the state of Mexico

Congressman Julio Alfonso Hernandez Ramirez, President of the Human Rights Commission of the Congress of the State of Mexico

Congressman Jorge Garcia

Cosme Amaro, Secretary of Agricultural Workers of the Central Campesina Cardenista

For more than three decades, UFCW Canada has worked in collaboration with the Agriculture Workers Alliance (AWA) to lead the fight for migrant workers’ rights. To learn more about this important work, visit UFCW Canada’s Agriculture Workers website.

UFCW Canada is the country’s leading private sector union, representing more than 250,000 union members across Canada working in food retail and processing, transportation, health care, logistics, warehousing, agriculture, hospitality, manufacturing, and the security and professional sectors. UFCW is the country’s most innovative organization dedicated to building fairness in workplaces and communities. UFCW Canada members are your neighbours who work at your local grocery stores, hotels, car rental agencies, nursing homes, restaurants, food processing plants, and thousands of other locations across the country. To learn more about UFCW and its ground-breaking work, visit www.ufcw.ca.

Contact Information:

Pablo Godoy
UFCW Canada
403-542-2366
[email protected]
www.ufcw.ca/awa

 



ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds First American Financial Corp. Investors of Important Deadline in Securities Class Action First Filed by Firm – FAF

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of First American Financial Corp. (NYSE: FAF) between February 17, 2017 and October 22, 2020, inclusive (the “Class Period”), of the important December 24, 2020 lead plaintiff deadline in the securities class action first commenced by the firm. The lawsuit seeks to recover damages for First American investors under the federal securities laws.

To join the First American class action, go to http://www.rosenlegal.com/cases-register-1662.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) First American failed to implement basic security standards to protect its customers’ sensitive personal information and data; (2) First American faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 24, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1662.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com 



BNY Mellon High Yield Strategies Fund Declares Dividend

BNY Mellon High Yield Strategies Fund Declares Dividend

NEW YORK–(BUSINESS WIRE)–
On December 11, 2020, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0215 per share of beneficial interest, payable on January 12, 2021 to shareholders of record at the close of business on December 29, 2020. The ex-dividend date is December 28, 2020. The previous dividend declared in November was $0.0215 per share of beneficial interest.

Important Information

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management. BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers, with US $2.0 trillion in assets under management as of September 30, 2020. BNY Mellon Investment Management encompasses BNY Mellon’s affiliated investment management firms, wealth management organization and global distribution companies. Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from eight world-class investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of The Bank of New York Mellon Corporation (NYSE: BK), one of the world’s most trusted investment partners, which has US $38.6 trillion in assets under custody and/or administration as of September 30, 2020.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the Corporation as a whole or its various subsidiaries generally. Additional information on BNY Mellon Investment Management is available on www.im.bnymellon.com. BNY Mellon Investment Management’s website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate the website in this release.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment returns and principal values will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.

This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security.

For Press Inquiries:

BNY Mellon Investment Adviser, Inc.

Benjamin Tanner

(212) 635-8676

For Other Inquiries:

BNY Mellon Securities Corporation

The National Marketing Desk

240 Greenwich Street

New York, New York 10286

1-800-334-6899

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Investor Alert: Kaplan Fox Investigates Potential Securities Fraud At Covia Holdings Corporation

PR Newswire

NEW YORK, Dec. 11, 2020 /PRNewswire/ — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Covia Holdings Corporation (“Covia” or the “Company”) (OTC:  CVIAQ).  A complaint has been filed on behalf of investors who purchased the Company’s securities between March 15, 2016 and June 29, 2020, inclusive (the “Class Period”).

On May 9, 2019, after the market closed, the Company disclosed in a Form 10-Q quarterly report that on March 18, 2019, Covia received a subpoena from the SEC seeking information relating to certain value-added proppants marketed and sold by Fairmount Santrol or Covia within the Energy segment since January 1, 2014.  Following this news, Covia’s shares fell $0.29 per share, about 7.7%, to close at $3.47 per share on May 10, 2020.

At the end of the Class Period, Covia filed a voluntary petition for Chapter 11 bankruptcy after which the Company’s shares fell by over 91% to close at $0.04 per share on July 1, 2020.

The complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s proprietary ‘value-added’ proppants were not necessarily more effective than ordinary sand; (2) the Company’s revenues, which were dependent on its proprietary ‘value-added’ proppants, was based on misrepresentations; (3) when Company insiders raised this issue, the Defendants did not take meaningful steps to rectify the issue; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. 

If you are a member of the proposed Class, you may move the court no later thanFebruary 8, 2021 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing [email protected] or by calling 212-329-8571.

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

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, your rights, or your interests, please contact:

Jeffrey P. Campisi

KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
212-329-8571
E-mail: [email protected]

Laurence D. King

KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: [email protected]

 

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SOURCE Kaplan Fox & Kilsheimer LLP

DAV calls for VA Secretary’s removal in response to VA Inspector General report on “Senior VA Officials’ Response to a Veteran’s Sexual Assault Allegations”

Washington, D.C., Dec. 11, 2020 (GLOBE NEWSWIRE) —

A statement from Randy Reese, Executive Director of DAV’s Washington Headquarters:

After thoroughly reviewing the report issued last week by the Department of Veterans’ Affairs (VA) Office of Inspector General (OIG), DAV (Disabled American Veterans) no longer has confidence that Secretary Wilkie can effectively lead the department and calls for his immediate removal.

DAV does not take this action lightly; but it is clear, based on the troubling findings and conclusions of the recent VA OIG report, that Secretary Wilkie’s personal actions in response to a reported incident of sexual assault at the Washington, D.C. VA Medical Center, breached the trust of those whom he is beholden to honor and serve. Rather than swiftly investigating the sexual assault allegations and focusing on preventing future incidents, Secretary Wilkie and other senior VA leaders took actions to investigate and disparage the veteran who was assaulted.

The OIG report found that “…Secretary Wilkie made comments that questioned the veteran’s credibility or were otherwise denigrating to her…” and that, “Secretary Wilkie’s statements appeared to set the tone for VA officials’ attempts to focus the national media on the veteran’s background and credibility.”

The OIG concluded that, “Secretary Wilkie and other VA officials privately disparaged the veteran…” and that “The tone set by Secretary Wilkie was at minimum unprofessional and at worst provided the basis for senior officials to put out information to national reporters to question the credibility and background of the veteran who filed the sexual assault complaint.”

Furthermore, the OIG stated that its investigation was, “… hindered by the refusal of several senior VA officials to cooperate with requests for follow-up interviews to clarify and resolve conflicts…”, most prominently Secretary Wilkie.

Time and time again, our organization has stated that changing the culture at VA must begin at the highest levels of leadership—that in order for VA to foster an environment where all veterans feel welcome and safe accessing their earned care, VA’s top leaders must set the example and hold accountable anyone who violates this trust.

Based on the troubling findings and conclusions of the report, it is clear that from the onset, the Secretary’s and other senior officials’ handling of this case was at serious odds with the department’s no-tolerance policy toward sexual harassment. The Secretary’s failure to meet this standard or hold others accountable undermines decades of work that advocates—including many VA staff—have done to bring an end to sexual harassment and assault throughout the department.

VA can and must do better.

About DAV

DAV empowers veterans to lead high-quality lives with respect and dignity. It is dedicated to a single purpose: fulfilling our promises to the men and women who served. DAV does this by ensuring that veterans and their families can access the full range of benefits available to them; fighting for the interests of America’s injured heroes on Capitol Hill; providing employment resources to veterans and their families and educating the public about the great sacrifices and needs of veterans transitioning back to civilian life. DAV, a non-profit organization with more than 1 million members, was founded in 1920 and chartered by the U.S. Congress in 1932. Learn more at www.dav.org.


Todd Hunter
DAV (Disabled American Veterans)
321-217-8255
[email protected]

ROSEN, TRUSTED INVESTOR COUNSEL, Reminds Raytheon Technologies Corporation f/k/a Raytheon Company Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm – RTX, RTN

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Raytheon Technologies Corporation f/k/a Raytheon Company (NYSE: RTX, RTN) between February 10, 2016 and October 27, 2020, inclusive (the “Class Period”), of the important December 29, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for Raytheon investors under the federal securities laws.

To join the Raytheon class action, go to http://www.rosenlegal.com/cases-register-1975.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Raytheon had inadequate disclosure controls and procedures and internal control over financial reporting; (2) Raytheon had faulty financial accounting; (3) as a result, Raytheon misreported its costs regarding Raytheon’s Missiles & Defense business since 2009; (4) as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government; (5) as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice (“DOJ”); and (6) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 29, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1975.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com



United Natural Foods Reports Employment Inducement Grant

United Natural Foods Reports Employment Inducement Grant

PROVIDENCE, R.I.–(BUSINESS WIRE)–
United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) announced today that on December 11, 2020, it granted a restricted stock unit (“RSU”) award to R. Eric Esper, its Chief Accounting Officer and Controller, covering a total of 43,324 shares of common stock of UNFI. The RSU will vest in three equal annual installments, beginning on the first anniversary of the date of grant.

The RSU was awarded pursuant to Mr. Esper’s previously announced appointment, with the number of shares determined based on the market price on the date of grant. The RSU was approved by the Company’s Compensation Committee as an inducement grant in reliance on the employment inducement exemption under Rule 303A.08 of the New York Stock Exchange (NYSE) Listing Standards. This announcement is being made pursuant to the requirements of Rule 303A.08. The terms of the RSU awarded to Mr. Esper are substantially the same as those of other RSUs granted to other UNFI employees. The RSU was not issued under UNFI’s 2020 Equity Incentive Plan but will be governed as if it were so issued.

About United Natural Foods

UNFI is North America’s premier food wholesaler delivering the widest variety of products to customer locations throughout North America including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers, and food service customers. By providing this deeper ‘full-store’ selection and compelling brands for every aisle, UNFI is uniquely positioned to deliver great food, more choices, and fresh thinking to customers everywhere. Today, UNFI is the largest publicly-traded grocery distributor in America. To learn more about how UNFI is Moving Food Forward, visit www.unfi.com.

INVESTOR CONTACT:

Steve Bloomquist

Vice President, Investor Relations

952-828-4144

KEYWORDS: Rhode Island United States North America

INDUSTRY KEYWORDS: Supply Chain Management Supermarket Retail Food/Beverage

MEDIA: