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FINAL DEADLINE ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. Investors with Losses Over $500K to Secure Counsel Before Important Monday Deadline– CVIAQ, CVIA, FMSA

NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. (“Covia”) (OTC: CVIAQ) (NYSE: CVIA) (NYSE: FMSA) between March 15, 2016 and June 29, 2020, inclusive (the “Class Period”), of the important February 8, 2021 lead plaintiff deadline in the securities class action first filed by the firm.

SO WHAT: If you purchased Covia securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Covia class action, go to http://www.rosenlegal.com/cases-register-1993.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. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Covia’s proprietary “value-added” proppants were not necessarily more effective than ordinary sand; (2) Covia’s revenues, which were dependent on its proprietary “value-added” proppants, was based on misrepresentations; (3) when Covia insiders raised this issue, 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. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Covia class action, go to http://www.rosenlegal.com/cases-register-1993.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.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select 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, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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



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BREAKING ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Reminds Qiwi plc Investors with Losses in Excess of $100K of Important Deadline in First Filed Securities Class Action Commenced by the Firm – QIWI

NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Qiwi plc (NASDAQ: QIWI) between March 28, 2019 and December 9, 2020, inclusive (the “Class Period”), of the important February 9, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Qiwi securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Qiwi class action, go http://www.rosenlegal.com/cases-register-2005.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. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 9, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon Qiwi and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) 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.

To join the Qiwi class action, go http://www.rosenlegal.com/cases-register-2005.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.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select 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, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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



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Sun-Star Stationery Co., Ltd. introduces its product, DELDE Slidable Pouch into the United States

Sun-Star Stationery Co., Ltd. introduced the new Delde Slidable Pouch into the United States in January 2021.

Tokyo, Feb. 05, 2021 (GLOBE NEWSWIRE) — – The transformed slidable pouch is designed to allow users to transform the products into different forms.

With the introduction of the DELDE slidable pouch into the United States this January, anyone, and everyone can use the multipurpose product with ease. The pen pouch is slidable and can also be transformed into a gadget pouch.

Sun-Star Co. Ltd is a Japanese company established in 1952 to promote traditional Japanese culture through the launch of sustainable and indigenous products such as the DELDE Slidable Pen Pouch.

The company is headquartered in Tokyo, Japan and it belongs under the Toys and Hobby Group of BANDAI that specializes in stationeries and other miscellaneous goods such as bags. The number one product marketed globally by Sun-Star Stationery Co., Ltd. is the Slidable Pouch DELDE.

The slidable pouch has been in the market since Feb 2016 and it has been distributed and sold locally in Japan, Australia, and some other countries in Asia. And now, this unique product is about to be launched in the US for users to enjoy the flexibility of possessing a multipurpose slidable pen pouch.

The unique product has lots of features to make it enjoyable for users. However, the main feature is its slidable function. The product becomes a pen-stand by grasping the knob part and when users pull it down. This pen-stand feature is just one out of the numerous functions it can perform.

Another unique feature of the DELDE pen pouch is the ability to transform into a cosmetic or gadget pouch. That is, users can use the slidable pouch to house some of their gadgets. In short, the product is uniquely designed by Sun-Star Stationery Co. Ltd to give users unlimited ways to use the pouch.

The slidable pouch comes in various colors and sizes. There are about 21 color variations for the DELDE slidable pouch product and it is lined up with slim, normal, and large sizes.

DELDE Pen Pouch is made of cotton & polyester and it weighs only about 60g with dimensions of 120mm 180mm x 60mm. Hence, the product is very handy and users in the US can take it along with them everywhere.

Amazon Link: https://www.amazon.com/sun-star

About Sun-Star Stationery Co., Ltd..

Sun-Star Stationery Co., Ltd.. (Head Quarter located in 9F CS Tower 5-20-8, Asakusabashi, Taitou-Ku, Tokyo, Japan) belongs under the Toys and Hobby Group of BANDAI, which specialized in stationeries and miscellaneous goods such as bags. Also, their stationeries collaborate with a variety of characters such as DISNEY, MARVEL, DEAMON SLAYER, MOOMIN, PEANUTS, and so on. The CEO of Sun-Star is Taichi Kobayashi and has 200 employees. 

Company Profile

Company Name: Sun-Star Stationery Co., Ltd..

Headquarter: 9F CS Tower 5-20-8, Asakusabashi, Taitou-Ku, Tokyo, Japan

CEO: Taichi Kobayashi

Foundation: 1952

URL: http://www.sun-star-st.jp/ and http://www.sun-star-st.jp/company/english.html

Amazon.com:

https://www.amazon.com/sun-star

YouTube: DELDE:

https://www.youtube.com/watch?v=jPAZh6u6gF0

For inquiries from customers and the press regarding this release, please contact:

Global brand Inc. / JAPAN

+81-80-9644-4222

Website: http://globalbrand.co.jp/usa/

Facebook: https://web.facebook.com/Global-Brand-102715218383091?_rdc=1&_rdr

Instagram: https://instagram.com/global.brand_

For the original news story, please visit https://www.prdistribution.com/news/sun-star-stationery-co-ltd-introduces-its-product-delde-slidable-pouch-into-the-united-states-2.html

Attachment 



Media Company: Global Brand, Inc.
Media Name: Takahiro Yamada 
Media Phone: +81-(0)52-686-2095. 
Media Email: [email protected]

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KNDI FILING DEADLINE IN 4 DAYS: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Kandi Technologies Group, Inc.

NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ: KNDI) from March 15, 2019 through November 27, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Eastern District of New York alleges violations of the Securities Exchange Act of 1934.

If you purchased Kandi securities, and/or would like to discuss your legal rights and options please visit Kandi Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (2) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (3) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On November 30, 2020, Hindenburg Research (“Hindenburg”) published a report entitled: “Kandi: How This China-Based NASDAQ-Listed Company Used Fake Sales, EV Hype to Nab $160 Million From U.S. Investors.” Citing “extensive on-the-ground inspection at Kandi’s factories and customer locations in China, interviews with over a dozen former employees and business partners, and review of numerous litigation documents and international public records,” the Hindenburg report asserted that almost 64% of Kandi’s sales over the year have been to undisclosed related parties. The report also alleged that “[Kandi] has consistently booked revenue it cannot collect, a classic hallmark of fake revenue[.]”

Following publication of the Hindenburg report, Kandi’s stock price fell $3.86 per share, or 28.34%, to close at $9.76 per share on November 30, 2020.

If you wish to serve as lead plaintiff, you must move the Court no later than February 9, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Kandi securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/kanditechnologiesgroupinc-kndi-shareholder-class-action-lawsuit-stock-fraud-337/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]



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ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f/k/a Social Capital Hedosophia Holdings Corp. III Investors with Losses to Inquire About Class Action Investigation – CLOV, CLOVW, IPOC, IPOC.WS, IPOC.U

PR Newswire

NEW YORK, Feb. 5, 2021 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of Clover Health Investments, Corp. f/k/a Social Capital Hedosophia Holdings Corp. III (NASDAQ: CLOV, CLOVW) (NYSE: IPOC, IPOC.WS, IPOC.U) resulting from allegations that Clover Health may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Clover Health f/k/a Social Capital Hedosophia Holdings Corp. III securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2030.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.  

WHAT IS THIS ABOUT: On February 4, 2021, Hindenburg Research published a report entitled “Clover Health: How the ‘King of SPACs’ Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation[.]” The report alleged, among other things, that “Clover has not disclosed that its business model and its software offering, called the Clover Assistant, are under active investigation by the Department of Justice (DOJ), which is investigating at least 12 issues ranging from kickbacks to marketing practices to undisclosed third-party deals.” On this news, Clover Health’s stock price fell $1.72 per share, or 12%, to close at $12.23 per share on February 4, 2021, on unusually high trading volume.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2030.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.

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

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

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/rosen-a-leading-law-firm-encourages-clover-health-investments-corp-fka-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-to-inquire-about-class-action-investigation–clov-clovw-ipoc-ipocws-ipocu-301223264.html

SOURCE Rosen Law Firm, P.A.

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Paychex Named a Leader in Corporate Reputation Among Financial Data Services Companies by FORTUNE Magazine

The annual “World’s Most Admired” list by FORTUNE recognizes the quality of management and products, social responsibility, and innovation

PR Newswire

ROCHESTER, N.Y., Feb. 5, 2021 /PRNewswire/ — Paychex, Inc., the HR software and services company that provides the power of simplicity for increasingly complex workplaces, has been named to FORTUNE® magazine’s list of the World’s Most Admired Companies. The annual list honors companies globally for their outstanding financial performance and leadership on nine criteria, from investment value and quality of management and products to social responsibility and innovation. The rankings are considered the definitive report card on corporate reputation.

“At Paychex, we’re committed to providing employers with easy-to-use technology – backed by 24x7x365 U.S.-based customer support – where and when they need it, and critical HR support delivered by our 600+ accredited HR professionals and supported by our team of 200+ compliance and legal experts. We have the technology, the tools, and the people to help businesses as they navigate the impacts of the COVID-19 pandemic and prepare for the future of work,” said Martin Mucci, Paychex president and CEO. “We’re proud to have been able to make a difference in the eyes of our clients, the wider business community, and the FORTUNE Most Admired panel. This recognition is a testament to the hard work and integrity of our nearly 16,000 employees who, despite challenging times, put their best forward every day to benefit our clients, colleagues, and shareholders.”

The challenges and uncertainties brought about by the COVID-19 pandemic have only reinforced Paychex’s commitment to removing uncertainty and complexity from the daily operations and HR functions of businesses. The investments Paychex has made in its software and solutions, as well as its comprehensive COVID-19 Help Center with daily updates, live webinars, podcasts, in-depth articles and more, have been valuable lifelines in helping businesses manage pandemic-related cash-flow challenges and transition employees to remote or hybrid work environments. The company’s quick response to supporting businesses combating COVID-19 have included:

  • Paycheck Protection Program (PPP) Solutions – Helping clients leverage and maximize$28B in PPP loans, Paychex developed an easy-to-use PPP payroll report that simplifies the loan application process by automatically uploading clients’ payroll data. Paychex is also assisting with PPP loan forgiveness through its comprehensive PPP loan forgiveness estimator and a signature-ready PPP Loan Forgiveness Application.
  • Paychex Flex® Enhancements – The technology and service foundation already in place at Paychex helped it rapidly respond to the workplace challenges caused by the pandemic, providing its clients with a number of new technology tools, including HR Conversations, which enables virtual employee-management and dialog, and HR Connect, a case management solution that facilitates the remote management and resolution of common HR issues. 
  • Critical HR Support – Paychex and its team of 600+ accredited HR consultants are helping guide clients through this unchartered and evolving HR landscape, where regulations from state and local governments are changing daily.
  • COVID-19 Help Center – The ultimate resource hub for support throughout every stage of the COVID-19 pandemic, the Paychex COVID-19 Help Center provides valuable and up-to-date insights on stimulus measures, managing a remote or hybrid workforce, travel restrictions, and more – delivered across a range of media including in-depth articles, videos, scenario tools, live webinars, and podcasts.
  • Personalized State Resources – Through a click on a map, business leaders and HR managers can access interactive tools, checklists, and articles specific to their state/region regarding guidance on paid leave laws, reopening guidelines, and more.

“I don’t think I would have had the success with the loan applications and my employees if I had not had Paychex there to assist me every step of the way,” said Paychex client Lisa Jewell, managing partner of Crown Jewell Entertainment in Los Angeles.

FORTUNE partners with Korn Ferry to determine the most highly regarded companies in 52 industries. Executives, directors, and analysts rate companies within their industry based on the criteria. To earn recognition as one of the most admired, a company’s score must be within the top half of its industry. Paychex was recognized for its leadership in the financial data services category.

To read more about the 2021 FORTUNE Most Admired Companies list, click here: https://fortune.com/worlds-most-admired-companies/2021/.  

About Paychex
Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by more than 45 years of industry expertise, Paychex serves more than 680,000 payroll clients as of May 31, 2020 across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting paychex.com and stay connected on Twitter and LinkedIn.

###

Media Contacts

Lisa Fleming

Paychex, Inc.
585-387-6402
[email protected] 
@PaychexNews 

Colleen Bennis

Mower
585-389-1865
[email protected] 

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SOURCE Paychex, Inc.

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Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C. files a securities class action lawsuit against Restaurant Brands International Inc.

PR Newswire

ROSELAND, N.J., Feb. 5, 2021 /PRNewswire/ — The law firm of Carella Byrne Cecchi Olstein Brody & Agnello, P.C. has filed a securities fraud class action lawsuit in the United States District Court for the Southern District of Florida against Restaurant Brands International Inc. (NYSE: QSR) (“Restaurant Brands”) on behalf of those individuals who purchased or acquired Restaurant Brands common stock between April 29, 2019, and October 28, 2019, inclusive (the “Class Period”). The action is captioned Paul J. Graney v. Restaurant Brands International Inc., et al., Case No.1:21-cv-20508 (the “Graney Action”). 

There is a related class action case pending against Restaurant Brands in the United States District Court for the Southern District of New York. That first-filed action issued a notice of its filing pursuant to the federal securities laws on December 21, 2020, which triggered the deadline of February 19, 2021, for any investors who purchased Restaurant Brands common stock to seek to be appointed as a lead plaintiff representative of the class.  The filing of the Graney Action does not change the February 19, 2021 lead plaintiff deadline. For additional information or to learn how to participate in this litigation, please contact Carella Byrne Cecchi Olstein Brody & Agnello, P.C.: Zach Bower, Esq. (973) 994-1700 or via e-mail at [email protected].  

Restaurant Brands is a Canadian corporation and headquartered in Toronto, Ontario, Canada, and is one of the world’s largest restaurant chains with over 27,000 Tim Hortons, Burger King, and Popeyes restaurants in more than 100 countries and U.S. territories. On April 24, 2018, Restaurant Brands announced a new strategy designed to improve performance within its Tim Hortons brand. Specifically, the “Winning Together Plan” would focus on three key pillars: restaurant experience; product excellence; and brand communications. Then, on March 20, 2019, Restaurant Brands announced “Tims Rewards” – a new loyalty program for Tim Hortons customers in Canada. Under the Tims Rewards program, customers would be eligible for a free hot brewed coffee, hot tea, or baked good after every seventh paid visit to a participating Tim Hortons restaurant. On April 10, 2019, Restaurant Brands announced that it was expanding the Tims Rewards program to include customers in the United States.

The Class Period begins on April 29, 2019, when Restaurant Brands filed its financial results for the first quarter ended March 31, 2019 with the SEC. Among other things, Restaurant Brands reported 0.5% system-wide year-over-year sales growth for Tim Hortons on system-wide sales of $1.547 billion. The complaint alleges that, throughout the Class Period, the defendants repeatedly touted the implementation and execution of Restaurant Brands’ “Winning Together Plan” and “Tims Rewards” loyalty program. On the heels of Restaurant Brands touting the benefits of these initiatives, the company completed two stock offerings on or about August 12, 2019, and September 5, 2019, collectively resulting in proceeds of approximately $3 billion to insiders.

However, the reality about Restaurant Brands’ execution of its “Winning Together Plan” and “Tims Rewards” loyalty program was revealed on October 29, 2019 when the company announced disappointing financial results for the third quarter ended September 30, 2019. Among other things, Restaurant Brands reported a 0.1% system-wide year-over-year sales decline for Tim Hortons—representing a 1.4% same-store sales decline—on system-wide sales of $1.774 billion. Following this news, the price of Restaurant Brands common stock declined $2.59 per share, or approximately 4%, from a close of $68.45 per share on October 25, 2019, to close at $64.86 per share on October 28, 2019.

The filed complaint alleges that, throughout the Class Period, the defendants misrepresented and/or failed to disclose that: (1) Restaurant Brands’ “Winning Together Plan” was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the “Tims Rewards” loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, the defendants’ statements about Restaurant Brands’ business, operations, and prospects lacked a reasonable basis.

Restaurant Brands investors may, no later than February 19, 2021, seek to be appointed as a lead plaintiff representative of the class through Carella Byrne, or other counsel, or may choose to do nothing and remain a class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C., founded in 1976, is a leading law firm in the New Jersey – New York metropolitan area, serving a diverse clientele ranging from small businesses to Fortune 500 corporations. For more information about Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C., please visit www.carellabyrne.com.

CONTACT:
Zach Bower, Esq.
Carella, Byrne, Cecchi, Olstein,
Brody & Agnello, P.C
2222 Ponce De Leon, 3rd Floor
Coral Gables, Florida 33134
Phone: (973) 994-1700
Email: [email protected]

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SOURCE Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C.

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HAGENS BERMAN, National Trial Attorneys, Alerts Triterras (TRIT) Investors to Fast Approaching Deadline, Investors with Significant Losses Should Contact Firm

SAN FRANCISCO, Feb. 05, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.

Class Period: August 20, 2020 – December 16, 2020
Lead Plaintiff Deadline: Feb. 19, 2021
Visit:www.hbsslaw.com/investor-fraud/TRIT
Contact An Attorney Now:[email protected]
                                              844-916-0895

Triterras, Inc. (TRIT) Securities Class Action:

The complaint centers on the accuracy of Triterras’ and senior managements’ statements concerning the company’s dependence on- and the financial condition of- Rhodium Resources, a business controlled by Triterras CEO Srinivas Koneru.

More specifically, according to the complaint, Defendants made misleading statements about or concealed (1) the extent to which Triterras revenue growth depended on referrals from Rhodium, (2) Rhodium’s dire financial condition, and (3) that as a result Rhodium was likely to refer fewer users to the company.

Investors began to learn the truth, according to the complaint, on Dec. 17, 2020 when Triterras announced Rhodium was seeking a moratorium to shield itself from creditors while planning to restructure debts and continue business as a going concern. This news sent the price of Triterras shares crashing lower.

Most recently, on Jan. 14, 2021,

Phase 2 Partners

published a report entitled “Is Triterras (TRIT) the Wirecard of Blockchain?” Among other things, Phase 2 highlighted its concerns over (1) undisclosed related party transactions, and (2) certain accounting matters Phase 2 considers to be “red flags.” In response, the price of Triterras shares crashed lower again.

“We’re focused on investors’ losses and proving Triterras intentionally misled them about the financial condition of Rhodium,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you are a Triterras investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Triterras 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 totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].


About Hagens Berman


Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895



Posted on

CLOV INVESTOR ALERT: Clover Health Investments (CLOV) Investors Urged to Contact HAGENS BERMAN, National Trial Attorneys; CLOV Admits Prior Knowledge of Undisclosed DOJ Inquiry & Announces Receipt of SEC Inquiry into Potential Securities Fraud

SAN FRANCISCO, Feb. 05, 2021 (GLOBE NEWSWIRE) — Hagens Berman encourages Clover Health Investments, Corp. (NASDAQ: CLOV) investors to submit their losses now. The firm is investigating possible securities fraud and certain investors may have valuable claims.

Visit:
www.hbsslaw.com/investor-fraud/CLOV

Contact An Attorney Now:
[email protected]

                                              844-916-0895

Clover Health Investments, Corp. (CLOV) Investigation:

The investigation concerns whether Clover engaged in illegal sales and marketing activities.

Prior to and since going public through a “blank check company,” Clover has promoted its Medicare insurance sales growth, touting its “best-in-class” software platform Clover Assistant as the driver.

But on Feb. 4, 2021, Hindenburg Research released a scathing report about the company, alleging Clover’s sales are instead the product of misleading marketing activities targeting the elderly and a major undisclosed related party deal.

Specifically, Hindenburg claims that Clover has concealed that the DOJ is actively investigating the company for illegal kickbacks and deceptive marketing practices. Hindenburg also alleges that the company uses a subsidiary, Seek Insurance Services, to misleadingly steer seniors toward acquiring Clover Health plans. Citing accounts from former employees, Hindenburg further states “that much of Clover’s sales are fueled by a major undisclosed relationship between Clover and [B&H Assurance,] an outside brokerage firm controlled by Clover’s Head of Sales (Hiram Bermudez).”

Then, on Feb. 5, 2021, Clover published a response. Although calling many of

Hindenburg’s

claims “completely untrue,” Clover admitted (1) it “was fully aware of the DOJ inquiry” (2) Bermudez’s ownership in B&H Assurance, and (3) it received a letter from the SEC following

Hindenburg’s

report.

On this news, Clover’s shares have declined sharply.

“We’re focused on investor losses and whether Clover may have misled investors the legality of its business practices and related financial reporting,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Clover shares, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Clover 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 totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].


About Hagens Berman


Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

 



Posted on

TEGNA Names Bill Dallman President and General Manager at KARE 11

TEGNA Names Bill Dallman President and General Manager at KARE 11

TYSONS, Va.–(BUSINESS WIRE)–
TEGNA Inc. (NYSE: TGNA) announced today that Bill Dallman has been named president and general manager of KARE 11, the NBC affiliate in Minneapolis, Minnesota, effective June 1, 2021. Dallman is replacing John Remes, who retired at the end of 2020. Carolyn Mungo, vice president and station manager at WFAA in Dallas, will oversee KARE in addition to her current role until Dallman’s arrival.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210205005371/en/

TEGNA Names Bill Dallman President and General Manager at KARE 11 (Photo: Business Wire)

TEGNA Names Bill Dallman President and General Manager at KARE 11 (Photo: Business Wire)

Dallman joins KARE 11 from KOMO News, the ABC affiliate in Seattle, where he’s been news director since 2018. Previously, Dallman was vice president of news for KCBS-KCAL in Los Angeles, where he led a 185-person team, producing 10 hours of live newscasts per day along with digital, mobile and social news efforts. He was vice president of news for Fox Sports 1 in Los Angeles from 2013-2015 and part of the management team that launched Fox’s 24/7 sports network. Prior to Fox, Dallman was vice president of news for KMSP, the Fox affiliate in Minneapolis-St. Paul. Dallman has more than 25 years of experience in the media industry, beginning his career as a one-person news bureau anchor/reporter at KAAL in Austin, Minnesota. Dallman also previously worked at TEGNA stations KXTV in Sacramento, California and WZZM in Grand Rapids, Michigan.

“Bill brings a winning track record and extensive experience to KARE,” said Lynn Beall, EVP and COO of media operations, TEGNA. “A native Minnesotan, Bill is keenly aware of KARE’s history as a leader in high-quality news, an innovator of content on all platforms and champion of community engagement. His creative energy and collaborative leadership style will enable him to lead KARE’s talented team into the future.”

Dallman graduated with a degree in Broadcast Journalism from the University of Wisconsin-Madison and was honored with an alumnus “Career Distinguished Service Award” in 2017.

About TEGNA

TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 64 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA Marketing Solutions (TMS) offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. For more information, visit www.TEGNA.com.

For media inquiries, contact:

Anne Bentley

Vice President, Corporate Communications

703-873-6366

[email protected]

For investor inquiries, contact:

Doug Kuckelman

Head of Investor Relations

703-873-6764

[email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Other Communications Other Entertainment Public Relations/Investor Relations TV and Radio Marketing Communications General Entertainment Entertainment

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TEGNA Names Bill Dallman President and General Manager at KARE 11 (Photo: Business Wire)