Market Newsdesk

November 21, 2020 1:10 pm

LEAD PLAINTIFF DEADLINE: Johnson Fistel, LLP Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

PR Newswire

SAN DIEGO, Nov. 21, 2020 /PRNewswire/ — Johnson Fistel, LLP, announces that class action lawsuits have commenced on behalf of shareholders of the publicly-traded companies listed below. The Private Securities Litigation Reform Act of 1995 permits any investor who purchased common stock during the Class Period to seek appointment as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. If you wish to serve as lead plaintiff, you must move the Court no later than the dates listed below. If you want to discuss this action or have any questions concerning this notice, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.

Additionally, you can Click Here or any of the links below. There is no cost or obligation to you.

Company Name	Stock Ticker	Join	Class Period Start	Class Period End	Lead Plaintiff Deadline
Mesoblast Limited	(NASDAQ: MESO)	Click Here	16/04/2019	01/10/2020	07/12/2020
Royal Caribbean Cruises, Ltd.	(NYSE: RCL)	Click Here	04/02/2020	17/03/2020	07/12/2020
Loop Industries, Inc.	(NASDAQ: LOOP)	Click Here	24/09/2018	12/10/2020	14/12/2020
Evolus, Inc.	(NASDAQ: EOLS)	Click Here	01/02/2019	06/07/2020	15/12/2020
Innate Pharma SA	(NASDAQ: IPHA)	Click Here	10/03/2020	18/09/2020	22/12/2020
First American Financial Corporation	(NYSE: FAF)	Click Here	17/02/2017	22/10/2020	24/12/2020
Zosano Pharma Corporation	(NASDAQ: ZSAN)	Click Here	13/02/2017	30/09/2020	28/12/2020
Bayerische Motoren Werke Aktiengesellschaft	(OTC: BMWYY, BAMXF)	Click Here	03/11/2020	24/09/2020	28/12/2020
Neovasc, Inc.	(NASDAQ: NVCN)	Click Here	01/11/2019	27/10/2020	05/01/2021
Interface, Inc.	(NASDAQ: TILE)	Click Here	02/03/2018	28/09/2020	11/01/2021

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:

Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]

View original content:http://www.prnewswire.com/news-releases/lead-plaintiff-deadline-johnson-fistel-llp-encourages-investors-with-losses-in-excess-of-100-000-to-contact-the-firm-301178437.html

SOURCE Johnson Fistel, LLP

November 21, 2020 11:15 am

Global Rally of Hope to focus on 70th Anniversary of Korean War

World leaders and millions of participants to send a message of peace to Korea in online rallySaturday, November 21, 2020 (7:00 p.m. EST/4:00 p.m. PST)

Washington, DC, Nov. 21, 2020 (GLOBE NEWSWIRE) — World leaders and millions of participants to send a message of peace to Korea in online rally

Saturday, November 21, 2020 (7:00 p.m. EST/4:00 p.m. PST)

https://www.peacelink.live/bc

A third global Rally of Hope will be held this weekend, featuring world leaders who see new opportunities for peacebuilding in all sectors of society, the Universal Peace Federation (UPF) has announced.

The online Rally seeks to build momentum to bring peace to the Korean Peninsula, which has been divided for 70 years. Its theme is “remembering yesterday’s war heroes; highlighting today’s peacemakers.”

Dr. Hak Ja Han Moon, co-Founder of the Universal Peace Federation, will be the keynote speaker. Other speakers include H.E. Sahle-Work Zewde, President of Ethiopia; H.E. Uhuru Kenyatta, President of Kenya; H.E. Salva Kiir Mayardit, President of South Sudan; H.E. Mahinda Rajapaksa, Prime Minister of Sri Lanka; Hon. German Alcides Blanco Alvarez, Colombia Parliament Speaker; H.E. Yves Leterme, Prime Minister of Belgium (2009-2011); The Rt. Hon. Stephen Harper, Prime Minister of Canada (2006 – 2015); Hon. Christopher Hill, (U.S. Ambassador to the Republic of Korea (2004-2005); and Hon. Charles Rangel, U.S. House of Representatives (1971-2017) and Korean War Veteran.

The Little Angels Folk Ballet of Korea will offer a special performance to honor the Korean War veterans who came to South Korea’s aid as part of the 16-nation UN Command (1950-1953).

The Rally of Hope will be broadcast from Cheongshim Peace World Center in South Korea.

UPF is an NGO in general consultative status with the Economic and Social Council of the United Nations.

These Rally of Hope events are aimed at building a “unified world of lasting peace” around the core ideas of interdependence, mutual prosperity and universal values, said UPF Chairman Dr. Thomas G. Walsh. This weekend’s event “is part of UPF’s global effort to overcome the barriers that divide us and establish peace on the Korean Peninsula,” he said.

UPF was founded in 2005 by Rev. Dr. Sun Myung Moon and Dr. Hak Ja Han Moon, both born and raised in what is now North Korea. Rev. Moon was imprisoned in a North Korea labor camp until he was liberated by UN forces. In her new memoir, “Mother of Peace,” Mrs. Moon explains how, as a child, she and her family escaped death several times as they fled to South Korea.

A fourth Rally of Hope is planned for December. For additional information, please contact:

AFRICA: Mamadou Gaye [email protected]

ASIA PACIFIC: Robert Kittel [email protected]

EUROPE & THE MIDDLE EAST: Peter Zoehrer [email protected]

LATIN AMERICA & CARIBBEAN: Mario Salinas [email protected]

UNITED STATES & CANADA: Larry Moffitt [email protected]

www.upf.org

Larry Moffitt
Universal Peace Federation USA
202-669-0387
[email protected]

November 21, 2020 10:48 am

Global Rally of Hope to focus on 70th Anniversary of Korean War

World leaders and millions of participants to send a message of peace to Korea in online rallySaturday, November 21, 2020 (7:00 p.m. EST/4:00 p.m. PST)

Washington, DC, Nov. 21, 2020 (GLOBE NEWSWIRE) — Saturday, November 21, 2020 (7:00 p.m. EST/4:00 p.m. PST)

https://www.peacelink.live/bc

The online Rally seeks to build momentum to bring peace to the Korean Peninsula, which has been divided for 70 years. Its theme is “remembering yesterday’s war heroes; highlighting today’s peacemakers.”

Dr. Hak Ja Han Moon, co-Founder of the Universal Peace Federation, will be the keynote speaker. Other speakers include H.E. Sahle-Work Zewde, President of Ethiopia; H.E. Uhuru Kenyatta, President of Kenya; H.E. Salva Kiir Mayardit, President of South Sudan; H.E. Mahinda Rajapaksa, Prime Minister of Sri Lanka; Hon. German Alcides Blanco Alvarez, Colombia Parliament Speaker; H.E. Yves Leterme, Prime Minister of Belgium (2009-2011); The Rt. Hon. Stephen Harper, Prime Minister of Canada (2006 – 2015); Hon. Christopher Hill, (U.S. Ambassador to the Republic of Korea (2004-2005); and Hon. Charles Rangel, U.S. House of Representatives (1971-2017) and Korean War Veteran.

The Little Angels Folk Ballet of Korea will offer a special performance to honor the Korean War veterans who came to South Korea’s aid as part of the 16-nation UN Command (1950-1953).

The Rally of Hope will be broadcast from Cheongshim Peace World Center in South Korea. UPF is an NGO in general consultative status with the Economic and Social Council of the United Nations.

A fourth Rally of Hope is planned for December.

For additional information, please contact:

AFRICA: Mamadou Gaye [email protected]
ASIA PACIFIC: Robert Kittel [email protected]
EUROPE & THE MIDDLE EAST: Peter Zoehrer [email protected]
LATIN AMERICA & CARIBBEAN: Mario Salinas [email protected]
UNITED STATES & CANADA: Larry Moffitt [email protected]

https:www.upf.org

Attachment

EnQwqvLVEAIJXvK

Larry Moffitt
Universal Peace Federation USA
202-669-0387
[email protected]

November 21, 2020 1:43 am

iQIYI Research Paper on Smart Animation Colorization Accepted by Prestigious Technology Conference

PR Newswire

BEIJING, Nov. 21, 2020 /PRNewswire/ — iQIYI Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, today announced that its research paper on the Company’s proprietary automatic animation colorization technique has been accepted by the Winter Conference on Applications of Computer Vision (WACV 2021), the world’s leading international computer vision event, that is due to be held virtually from January 5th to 9th, 2021.

Building on iQIYI’s proprietary smart colorization engine that will be employed in the Company’s original animation series Devour Eternity, the new model proposed in this research paper improves the accuracy and efficiency of automatic animation colorization. iQIYI‘s newest smart colorization engine reduces manual labor by nearly 30% compared with traditional manual colorization, thereby enabling producers to devote more of their time and energy to creative ideas.

iQIYI’s smart colorization engine is an automated animation and cartoon colorization system that helps studios and producers colorize their line art efficiently and at a high quality.

Powered by deep-learning technology, the engine analyzes massive animation production data and generates colorization models of varying styles, including realistic, line drawing, and Kawaii style. When colorizing new works, the AI-powered engine automatically identifies the line arts and colorizes them according to the style selected by the studio. It takes only 0.7 seconds to finish colorizing one whole piece of line art. The engine includes a layered output mode that enables illustrators to refine their coloring to achieve even better results

In animation production, line art colorization is considered as mundane yet time-consuming work that requires a large amount of time to refine. China’s anime market has boomed in recent years, with the number of anime fans expected to hit 400 million by the end of 2020 according to third-party research company iResearch. Meanwhile, the number of animation releases in China rose 38.7% in 2019 compared to 2018, according to data from research firm Guoduo Media.

Although a flourishing animation and comics market means that coloring artists are in high demand, rising labor costs and the low efficiency of manual colorization have emerged as obstacles hindering the expansion of animation production. The static comics colorization tools available today cannot deliver the desired colorization results for animation, which demands style consistency and high requirements for colorization quality and refinement.

The smart colorization engine developed by iQIYI, an industry first, deploys a novel approach to solving this pressing issue within the animation industry. iQIYI’s smart colorization engine is expected to help increase the refresh rate of animation work and stimulate the development of China’s animation and comics market by inspiring creators to produce more work.

iQIYI is committed to exploring the application of new technology to content production, and use technology to replace work that are simple and repetitive, allowing creators to focus on their ideas and improving the content production process to industrialize content production.

iQIYI has developed a suite of AI-assisted production solutions, such as Xmaking, Ysera, Aichuang Media System, covering all stages in the content production process, including shooting, asset management and post-production. The solution significantly shortens the time needed for variety show production.

iQIYI’s smart colorization engine extends the reach of AI technology to the animation industry, and is expected to help drive a rise in production volume while cutting costs and maintaining quality, making the Company a pioneer in industrializing animation and comics content production.

About iQIYI, Inc.
iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce.

View original content:http://www.prnewswire.com/news-releases/iqiyi-research-paper-on-smart-animation-colorization-accepted-by-prestigious-technology-conference-301178391.html

SOURCE iQIYI, Inc.

November 20, 2020 10:59 pm

Brookfield Renewable Completes Filing of Recast Annual Financial Statements

All amounts in U.S. dollars unless otherwise indicated

BROOKFIELD, News, Nov. 20, 2020 (GLOBE NEWSWIRE) — Brookfield Renewable (TSX: BEP.UN, BEPC; NYSE: BEP, BEPC) (“Brookfield Renewable Partners”, “BEP“, or together with Brookfield Renewable Corporation, “Brookfield Renewable“) today announced that each of BEP and Brookfield Renewable Corporation (“BEPC”) has filed recast annual consolidated financial statements as of December 31, 2019 and December 31, 2018 and for each of the years in the three years ended December 31, 2019 and corresponding management’s discussion and analysis (the “Recast Financial Statements”). Following the privatization of TerraForm Power, Inc (“TerraForm Power”) in July 2020, the Recast Financial Statements have been prepared to reflect the consolidation of TerraForm Power by Brookfield Renewable as of October 17, 2017, the date it came under the common control of Brookfield Asset Management.

The Recast Financial Statements supersede and replace in all respects the previously filed annual consolidated financial statements of BEP, BEPC and TerraForm Power for such periods.

The Recast Financial Statements are available on our website at https://bep.brookfield.com, on SEC’s website at www.sec.gov and on SEDAR’s website at www.sedar.com. Hard copies of the annual and quarterly reports can be obtained free of charge upon request.

Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms. Our portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia, and totals over 19,000 megawatts of installed capacity and an over 18,000 megawatt development pipeline. Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Further information is available at www.bep.brookfield.com and www.bep.brookfield.com/bepc. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.

Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately $575 billion of assets under management.

Contact information:
Media:	Investors:
Claire Holland	Robin Kooyman
Senior Vice President – Communications	Senior Vice President – Investor Relations
(416) 369-8236	(416) 649-8172
[email protected]	robin.kooyman @brookfield.com

November 20, 2020 10:53 pm

BED BATH & BEYOND INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Bed Bath & Beyond Inc. – BBBY

PR Newswire

NEW ORLEANS, Nov. 20, 2020 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Bed Bath & Beyond Inc. (NasdaqGS: BBBY).

In January 2020, the Company withdrew its previously announced financial guidance completely and reported that its gross margins had dropped by 80 basis points. Then, in February 2020, the Company announced its preliminary 4Q2019 financial results, disclosing “a 5.4% decline in comparable sales driven primarily by store traffic declines combined with inventory management issues,” including that “inventory within certain key categories in the Bed Bath & Beyond assortment was too low or out-of-stock during the period” and that it was “immediately reforming its internal planning and inventory management procedures to master the fundamentals.”

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws.

KSF’s investigation is focusing on whether Bed Bath & Beyond’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Bed Bath & Beyond shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-bbby/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

View original content to download multimedia:http://www.prnewswire.com/news-releases/bed-bath–beyond-investigation-initiated-by-former-louisiana-attorney-general–kahn-swick–foti-llc-investigates-the-officers-and-directors-of-bed-bath–beyond-inc—bbby-301178356.html

SOURCE Kahn Swick & Foti, LLC

November 20, 2020 10:53 pm

JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. – JELD

NEW ORLEANS–(BUSINESS WIRE)–
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into JELD-WEN Holding, Inc. (NYSE: JELD).

On February 15, 2018, a jury found the Company guilty of U.S. antitrust law violations and awarded the plaintiff treble damages totaling approximately $174 million. Then, on February 28, 2018, the Company announced the sudden resignation of its President and CEO. Then, on October 15, 2018, after previously downplaying its exposure in the antitrust litigation, the Company disclosed that it would be taking a $76.5 million charge related to an expected judgment in the case, and further announced the sudden resignation of its Chief Financial Officer.

The Company has been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws. Recently, the court in that case denied the Company’s motion to dismiss, allowing the case to move forward.

KSF’s investigation is focusing on whether JELD-WEN’s officers and/or directors breached their fiduciary duties to JELD-WEN’s shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of JELD-WEN shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-jeld/ to learn more.

About Kahn Swick & Foti, LLC

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005749/en/

Kahn Swick & Foti, LLC

Lewis Kahn, 1-877-515-1850

Managing Partner

[email protected]

KEYWORDS: Louisiana United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

Logo

November 20, 2020 10:53 pm

BIOMARIN 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against BioMarin Pharmaceutical Inc. – BMRN

BIOMARIN 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against BioMarin Pharmaceutical Inc. – BMRN

NEW ORLEANS–(BUSINESS WIRE)–
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until November 24, 2020 to file lead plaintiff applications in a securities class action lawsuit against BioMarin Pharmaceutical Inc. (NasdaqGS: BMRN), if they purchased the Company’s securities between February 28, 2020 and August 18, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.

What You May Do

If you purchased securities of BioMarin and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-bmrn/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by November 24, 2020.

About the Lawsuit

BioMarin and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) differences between the Phase 1/2 and Phase 3 study for its drug candidate, valoctocogene roxaparvovec, limited the reliability of the Phase 1/2 study to support the drug’s durability of effect; (ii) as a result, it was foreseeable that the FDA would not approve the Biologics License Application for valoctocogene roxaparvovec without additional data; and (iii) as a result of the foregoing, BioMarin’s statements were materially false and misleading at all relevant times

The case is Tsantes v. BioMarin Pharmaceutical Inc., et al, 20-cv-06719.

About Kahn Swick & Foti, LLC

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005741/en/

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

[email protected]

1-877-515-1850

KEYWORDS: Louisiana United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

Logo

November 20, 2020 10:53 pm

ZOOM VIDEO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM

On November 10, 2020, following its investigation spanning over a year, the Federal Trade Commission announced a settlement with the Company over charges that it misled users regarding the level of security protecting its video conferencing services, giving users a false sense of security and exposing them to security breaches. The settlement requires the Company to “implement a robust information security program,” prohibits “privacy and security misrepresentations,” and levies fines of up to $43,280 for each future violation.

The Company has also been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which is ongoing.

KSF’s investigation is focusing on whether Zoom’s officers and/or directors breached their fiduciary duties to Zoom’s shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Zoom shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-zm/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005738/en/

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

[email protected]

1-877-515-1850

KEYWORDS: Louisiana United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

Logo

November 20, 2020 10:53 pm

BROOKDALE SENIOR LIVING INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Brookdale Senior Living Inc. – BKD

In mid-April of 2020, class action litigation was filed against the Company on behalf of a putative class of elderly and disabled residents from nearly 56 facilities “to redress systemic unfair and deceptive trade practices and breaches of contract,” alleging that it “engaged in a scheme of understaffing and cover-up through misrepresentations, misleading statements, omissions and concealment of material facts, and the inherently flawed and deceptive staffing practices” from April 2016 to 2020. On April 30, 2020, the Nashville Business Journal issued a report exposing the “lucrative bonus and incentive programs tied to meeting or exceeding Brookdale’s financial performance targets” done in order to induce employees to “stay at or below Brookdale’s limits for staffing expenses.”

Thereafter, the Company and certain of its executives were also sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws, which remains ongoing.

KSF’s investigation is focusing on whether Brookdale’s officers and/or directors breached their fiduciary duties to Brookdale’s shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Brookdale shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-bkd/ to learn more.

About Kahn Swick & Foti, LLC

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005729/en/

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

[email protected]

1-877-515-1850

KEYWORDS: Louisiana United States North America

INDUSTRY KEYWORDS: Legal Professional Services Seniors Consumer

MEDIA:

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