Families of Victims of Boeing Crash Fear the FAA’s Ungrounding of 737 MAX is Premature and Could Lead to Third Crash

Chicago, IL, Nov. 18, 2020 (GLOBE NEWSWIRE) — Families of Victims of Boeing Crash Fear the FAA’s Ungrounding of 737 MAX is Premature and Could Lead to Third Crash; Authorities Haven’t Even Released Final Investigative Report of Ethiopian Crash

Families of victims of the Boeing crash of a 737 Max in Ethiopia reacted with sheer disappointment and renewed grief following the Federal Aviation Administration (FAA) decision today to return the aircraft to service.

Families who lost loved ones in the second crash involving this defective aircraft have been calling for full transparency of all documents that the FAA, Boeing and government officials relied upon in making the decision to return the Boeing 737 Max 8 to the skies.  Instead, Boeing has been excessively redacting critical documents that it has provided to the government and to the families’ lawyers who have filed lawsuits pending in federal district court in Chicago.

The FAA announcement comes on the heels late yesterday of the U.S. House of Representatives unanimously approving legislation by voice vote to reform the FAA’s certification process after two fatal Boeing 737 MAX crashes killed 346 people.  The aircraft has been grounded since March 2019.  The House bill requires an expert panel to evaluate Boeing’s corporate safety culture and to recommend improvements and mandates that aircraft manufacturers adopt safety management systems and complete system safety assessments for significant design changes.  It is being reported that the Senate Commerce Committee plans to vote today on an FAA certification reform bill, but it remains unclear if the entire Congress will be able to adopt a measure by the end of the year.

Families who lost loved ones in the crash of Flight ET302 on March 10, 2019, have consistently questioned the United States’ rush to getting the initially self-certified Boeing plane back in the air without sufficient input from international agencies and sufficient pilot and expert testing, and many have been outspoken that the Max never should be allowed to fly again.

Flyers Rights, an advocacy group for consumers, also challenged the redaction of requested documents in a Freedom of Information Act (FOIA) request that would demonstrate what Boeing knew before allowing the second crash of the Max in five months.  Flyers Rights argued that information contained in these documents that included means of compliance with federal regulations cannot be deemed proprietary.

The first crash of a Boeing 737 Max crashed in October 2018, off the coast of Indonesia shortly after takeoff killing all 189 on board.  It was allowed to continue to fly until the second crash killed all 157 on board shortly after takeoff in Ethiopia in March 2019 when the aircraft then was grounded worldwide.

Several family members question the ability of Boeing to correct the Maneuvering Characteristics Augmentation System (MCAS), a computer software system new to the Boeing Max 737 that can control the entire plane’s ability to fly.

“Family members question how the FAA and Boeing can urge allowing the 737 Max 8 back into commercial service when the investigation report from the crash has yet to be released by the Ethiopian authorities,” said Robert A. Clifford, founder and senior partner of Clifford Law Offices in Chicago and Lead Counsel on behalf of the plaintiffs’ consolidated litigation in federal district court in Chicago. “That investigation will reveal what truly occurred in the cockpit on March 10, 2019, and without that detailed information the FAA and Boeing continue to risk the lives of the flying public by allowing the plane back into the sky.”

Michael Stumo, father of 24-year-old Samya Rose Stumo of Massachusetts who was killed in the crash, said “The aggressive secrecy of the FAA means we cannot believe the Boeing 737 MAX is safe. We have repeatedly asked for the technical descriptions of the alleged fixes, the test protocols and results and the safety assessments. But the FAA won’t release them and Boeing won’t consent to their release. We were told the plane was safe when certified in March 2017 and again after the Lion Air crash in October 2018. ’Just trust us’ does not work anymore.”

Nadia Milleron, mother of Samya Rose, said, “During a recent interview with a reporter, FAA head Stephen Dickson continues to blame the pilots for the 737Max8 crashes. NTSB stated that Boeing underestimated pilot response time to multiple and cascading error messages resulting from the airplane’s automated stall-prevention system. That cacophony of alerts, which was one of the direct and fundamental causes of the crashes, has been left in place by the FAA at this time of ungrounding, against the recommendation of NTSB. Why don’t you take this opportunity to reduce pilot workload in an emergency with a coherent system of alerts that doesn’t overload the senses? As you know coherent alert systems exist in many modern planes, developed because people died as a result of pilot confusion. Confusing, loud alerts are one of the things that directly caused these crashes. It is not responsible of you to allow a direct cause of the crashes to remain.”

Ralph Nader, uncle of Samya, wrote a letter to the FAA last week lambasting the FAA for its secrecy-based rulemaking and for kowtowing to Boeing’s corporate interests to get the unsafe 737 MAX back in the air without proper aerodynamic and structural repairs and modifications. A copy of that letter appears below.

Paul Njoroge of Toronto, Canada, lost his entire family in the crash — his wife, three small children including nine-month-old Rubi, and his mother in law. Njoroge said, “When Ethiopian Airlines Flight 302 crashed, Boeing was adamant that the 737 MAX planes were safe to fly. And even after all aviation regulators in the world grounded the planes, Boeing thought that a quick fix to the MCAS was possible and sufficient to allow the planes back up in the air within weeks. However, as time passed, the world learned that the 737 MAX is a fundamentally flawed plane. In certain conditions, it simply cannot fly without MCAS. In their mission to unground the plane, Boeing’s and the FAA’s focal point has been MCAS. They ignored all the signalized engineering design flaws. This plane is being ungrounded before all safety functions are reviewed. A key question yet to be addressed by neither Boeing nor the FAA is why MCAS was installed in the 737 MAX — was it to prevent stalling or to improve the plane’s handling capabilities? MCAS does not address the engineering flaw of the plane’s tendency to pitch up in certain conditions.  The public should know that these planes can pitch up excessively in certain conditions and if MCAS is inoperable, the planes will stall. Failure in any instrument’s functionality, the plane will still produce a cacophony of different alerts which would overload pilots; this happened in the case of Flight ET302.  Families of the B737 MAX victims have relentlessly requested for all B737 MAX information to be made public. The families’ lawyers have requested for the information in court, but Boeing and the FAA have been fighting legally to prevent the release of information. The world should know that the B737 MAX story is a convoluted web of lies, greed, concealment and deceit. You would rather walk before you ever consider boarding a B737 MAX plane.

Ike Riffel, father of Melvin and Bennett Riffel, brothers from California who were killed in the crash, said, “The 737 Max is a flawed airplane. The airplane is aerodynamically unstable due the placement of the larger engines. Instead of fixing the problem, Boeing decided to compensate for this defect by adding software to the flight control system that would take control away from the pilots and hopefully stabilize the airplane. The pilots had no training on how to deal with a failure of this system or even any knowledge that the system existed at all. Needlessly, 346 lives were cut short. Mothers, fathers, children, entire families lost because Boeing tried to patch an unstable airframe with software. In a rush to get this plane certified Boeing hid this patch from the regulators, the airlines, the pilots and the public even though they knew that there were flaws in the system. The two 737 Max air disasters were not accidents — they were the result of a calculated gamble that Boeing took on the flying public and we all lost. The 346 passengers and crew lost, the family and friends of the victims lost, the flying public all lost because of Boeing’s rush to certify a defective plane. These disasters were preventable, but Boeing decided to put profit over safety. Please do not let this happen again. No families should ever have to go through this hell. This plane is inherently unstable and should not be certified until it can be made safe without the aid of flight control software. What is Boeing not telling us now? Do not let this monster out of its cage again.”

Chris Moore also of Toronto, Canada, who lost his 24-year-old daughter Danielle in the crash, said, “It has been 20 months since our lives were scarred forever. We still suffer panic attacks and find it hard to manage daily tasks; it’s like we’re living in an alternate reality. Today’s news rips open a wound that is trying to heal. Before March 10, 2019, we trusted the safety of aircraft and the safety agencies whose main purpose is to protect flyers. We’ve since learned that greed and the promotion of the industry have dominion over safety. We are grateful for Congress pulling away the curtain and exposing the deficiencies within the aviation industry. We know there are still grandfathered hazards remaining on the 737 MAX and we know too that the design and certification of the 737 MAX was rushed by greed. However, it is unclear what other oversights and gaps exist. Was this the best Boeing had to offer? To Boeing, the 737 MAX tragedies remain just part of their Quality Management System. By setting low standards and minimizing the changes to the flight control system, the plane was certified. The 737 MAX can’t even meet industry standards – Airbus has three angles of attack sensors and a system to determine the right information if one fails, but the agencies believe this will be too onerous for Boeing. The 737 MAX is a botched plane which has confounded the experts. The corrections have raised additional questions. This is why the agencies have taken a long time deliberating on the changes to the MCAS. But the plane today is still second-rate by industry standards. Boeing should have started with a clean slate aircraft and the agencies should have rejected the original certification – why isn’t the extirpation of this plane considered even now? The agencies are giving the 737 MAX the green light without full safety measures because they feel that the grounding has taken too long and they want to reconnect with the ‘promotion of aviation’ aspect of their mission statement. They are gambling again with flyers’ lives for the expediency of business. We must remind ourselves and the public that these are the same people who allowed the carnage of 346 people and the prospect of a happy future with their friends and families to evaporate in a vapor trail. The flying public, airlines and stockholders need to understand that if they care about the safety of this plane, they need to voice their concerns to their MP or Governor. Once the 737 MAX gets recertified and planes get ‘air-worthy’ certificates, one will have no choice but be prepared to fly it if booked with an associated airline unless you want to relinquish your ticket at your expense. Before ungrounding, the plane should be evaluated by an independent third party of experts.  Agencies are the ones who failed their responsibility and have not been held accountable.  Boeing and the agencies have used up their second chance with the crash of ET302. We don’t want a third crash.”

Zipporah Kuria of the UK who lost her father in the second Boeing crash said, “ As we attempt to navigate the loss of our loved ones on this day, Boeing celebrates the ungrounding of the killer plane that robbed our loved ones of their lives and us of our closure. Boeing and the FAA’s focus is to repair and remedy their loss of earnings and reputation. In contrast, we can barely repair the remnants of what has become our lives. The fact that 18 months after the loss of our loved ones and their focus has been on ungrounding the plane without holding anybody accountable for the deaths of 346 people should speak to the priority of the both the FAA and Boeing, which evidently has and always will be profit over human life. We hope that after our efforts to keep the Max grounded, passengers will pay more attention to their safety while flying because those meant to protect us are more occupied with protecting corporate interest over consumer safety. We have been here before after the first crash and Boeing said the Max would be the safest plane to fly and would only require minor changes. Another 157 lives lost, and the discovery of deception and flaws in design and manufacturing later we find ourselves with the same promise from Boeing and the FAA. Our only guarantee for safety is the same previously broken promise. It was only by divine intervention that the first plane crashed into the ocean and the second into a field. What if the third is over Times Square, London Bridge or Capitol Hill?

In the FAA press conference after FAA Administrator Stephen Dickson flew the Max, he was asked whether he would put his family on the plane and he failed to address that. If he could not answer a simple yes or no question about placing his loved ones this plane, why should the public trust it? As the families, we have paid the price of Boeing’s corruption and greed with the lives of our loved ones. We will never, see touch or be with our loved ones, but the Max will fly again. 2020 just got a lot darker, and we didn’t think that was possible. My dad will not be at the table this Christmas, but Boeing CEO David Calhoun will take home his paycheck of $7 million with his turkey for ungrounding the 737 Max.”

Javier de Luis of Massachusetts, an engineer who once designed software for space stations lost his sister, a freelance interpreter for the UN Food and Agriculture Organization and the Vatican, in the Boeing crash.  He said of the announcement of the ungrounding, “I believe that the refusal by Boeing and the FAA to allow an independent review of the modifications to the 737 Max shows that they have learned nothing from the accident that killed my sister.”

Stumo, Njoroge, the Riffels, Moore, Kuria, and de Luis are represented by Clifford Law Offices.

Clifford said, “The time has come to pull back the cloak of secrecy.  The lack of transparency by Boeing, and the government’s complicity with such secrecy, is not being tolerated by the families who lost loved ones but also for the entire flying public.  If Boeing and the FAA are so certain that the aircraft is safe, they should have no concerns in allowing access to all documents.  Public confidence in this aircraft is not ensured by this type of behavior, as the congressional hearings proved that neither Boeing nor the FAA can be trusted here.  The courage and sacrifice of the families who lost loved ones in this bitter fight is inspiring to the entire flying public.”

For more information, please contact Clifford Law Offices Communications Partner Pamela Sakowicz Menaker at 847-721-0909 (cell).  www.CliffordLaw.com


Letter of Ralph Nader to Stephen Dickson, FAA Administrator (sent Nov. 13, 2020)

Enclosures:

https://nader.org/wp-content/uploads/2020/11/Subject-Matter-Specialist-Memorandum-9-30-20.pdf

https://nader.org/wp-content/uploads/2020/11/Summary-Committee-Report-Boeing-737MAX-9-20.pdf



Pamela Sakowicz Menaker
Clifford Law Offices
847-721-0909
[email protected]

Just announced: Future Cities Canada’s six-week program #UnexpectedSolutions extended

New sessions on the Right to Housing, Creating Inclusive Spaces and Building Our Urban Futures close out final week – November 23 – 27, 2020

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — Future Cities Canada, the national cross-sector initiative designed to accelerate innovation to transform cities, kicks off its sixth week of #UnexpectedSolutions with five new sessions on its virtual city building agenda. This final week features critical conversations, ranging from housing as a fundamental human right to how infrastructure strategies from around the world could shape our own in Canada. Led by Evergreen, Future Cities Canada: #UnexpectedSolutions has brought together over 150 urban thought leaders, private- and public-sector innovators, and mayors and community leaders to showcase and build the innovative solutions needed to create more resilient and sustainable futures – on now until Friday, November 27, 2020. Register today for access to the full list of sessions.

“Each week #UnexpectedSolutions has been delivering ideas and solutions from a powerhouse of speakers who are reimaging our urban future – one that is profoundly more complex, uncertain and fast-moving that ever before,” said Geoff Cape, Evergreen Founder & CEO, and one of the founding partners of Future Cities Canada. “The final week of our program showcases the bold, innovative work by some of the leading minds addressing issues such as the housing affordability, infrastructure investment and social equity to ensure we build the future we all want and need.”

This season of solutions features seven streams of immersive content covering key issues related to Smart Cities; Infrastructure, Housing & Development; Arts & Cultural Heritage; Placemaking & Placekeeping; The New Economy; Climate Adaptability and Urban Foresight. The thought-provoking panels and conversations with national and international speakers, inspiring interactive workshops with industry leaders, and creative networking opportunities focus on connectedness, innovation and sustainability. Register to access some of the 60-plus free virtual sessions on-demand.

Week Six Session Highlights:

The Right to Housing

Monday,
November 23
, 2020
, 10
a
.
m.
EST

A conversation with Evan Siddall, President and CEO of CMHC, and Leilani Farha, Global Director, The Shift, explores the housing landscape in Canada, looking at housing as a commodity, as a fundamental human right, and as a heart of inclusive, connected communities. The session, following National Housing Day, asks how can we continue building a national housing strategy that has local relevance and ensures no one is left behind?

TD Future Cities Speaker Series: Leading Beyond Limits: Creating Inclusive Spaces

Monday, November 23, 2020 at 1 p.m. EST

Civic assets are the structure of the city, and they guarantee access to it – but access to whom? As we reflect on who public spaces have been built for, we can begin to craft a vision of reconciliation and anti-racism, where spaces are designed as not just epicentres for leisure. Moderator Erinn T. Corbett-Wright, VP, Charitable Foundation, Program Manager, Office of Charitable and Community Giving, TD Charitable Foundation, is joined by Commissioner Mitchell J. Silver, Fellow of the American Institute of Certified Planners (FAICP), and Lanrick Bennett Jr, Managing Director, 8 80 Cities. The TD Future Cities Speaker Series is a program supported by TD Bank Group through its corporate citizenship platform, The Ready Commitment.

Canada’s Smart Cities Challenge: Catching up with the Winners
– Live interactive Q&A

Wednesday, November 25, 2020, 1
p.m.
EST

The Smart Cities Challenge winners share their experiences and insights since being announced winners of the Challenge in May 2019. Moderated by Infrastructure Canada’s Director General Jenny Tremblay, the panel discussion features speakers from Montreal (QC), Guelph and Wellington County (ON), Bridgewater (NS) and the Katinnganiq Makerspace Network (Nunavut), followed by an interactive Q&A with the winners.

Curbing Carbon: Global Economics of a Low Carbon Future – Live panel discussion

Friday, November 27, 2020, 10 a.m. EST 
Cities across Canada and around the world are taking action to develop strategies to reduce greenhouse gas emissions and to increase renewable energy production. As cities design action plans, they will need to learn from each other and share best practice related to technology, infrastructure, transportation and design. The session explores the role that cities in Canada and around the world will play in helping realize Net-Zero 2050 targets, and what a vibrant, low carbon future might look like, featuring Curtis Probst, Co-CEO, New York City Energy Efficiency Corporation and Tom Delay, Chief Executive, The Carbon Trust, moderated by Andy Chisholm, Board Director, Evergreen.

Building Our Urban Futures: Inside Canada’s Infrastructure Strategy
– Live panel discussion

Friday, November 27, 2020
,
11:15
a.m.
EST

Old cities, new cities, smart cities, sustainable cities, resilient cities, big cities, little cities, inclusive cities – they are all growing. This session explores ideas from around the world that will help shape our ambitions in Canada for the next 50 years and beyond. Evergreen Founder & CEO Geoff Cape is joined by Chris Luebkeman, Foresight and Strategy Advisorat ETH Zürich to explore Our Urban Future. 

For the latest information on #UnexpectedSolutions, sign up to the Future Cities Canada newsletter and follow @FutureCitiesCA.

Future Cities Canada: #UnexpectedSolutions   

Lead Funder: Infrastructure Canada  

Lead Sponsors: TD Bank Group, McConnell Foundation, Canada Mortgage and Housing Corporation   

Lead Media Partner: The Globe & Mail 

Convened by: Evergreen
  
For media information, please contact:  
Renee Tratch | Sr. Manager, PR & Content | Evergreen | 416-596-1495 X 273 | Evergreen Brick Works, 550 Bayview Avenue, Suite 300, Toronto, Ontario, M4W 3X8

Future Cities Canada is a national cross-sector initiative with the mission to accelerate innovation to transform cities for the benefit of all. Drawing on the expertise of its founding organizations – The McConnell Foundation, TD Bank Group, Evergreen, Maison de l’innovation sociale and Community Foundations of Canada – and together with a diverse and growing network of partners, Future Cities Canada collectively strives to address the challenges facing cities and city-dwellers to reimagine cities that are equitable, regenerative and prosperous. www.futurecitiescanada.ca

Evergreen is dedicated to making cities flourish. Since 1991, the national not-for-profit has been hard at work transforming spaces into great places so that communities can thrive. We believe that by connecting people, natural and built worlds, we can enable Canadians to do great things that will shape our cities for the better. www.evergreen.ca 



Shared Hope International launches Report Cards on Child & Youth Sex Trafficking: State Action. National Change., an advanced legislative framework and blueprint for action.

Building on a decade of successful advocacy through the Protected Innocence Challenge, Shared Hope International’s Report Cards on Child & Youth Sex Trafficking will advance the standards for grading states on delivering legal solutions that address this vulnerable population.

Washington, D.C., Nov. 18, 2020 (GLOBE NEWSWIRE) — Since 1998, Shared Hope has worked to inspire lawmaking that brings justice and ensures protective responses to victims. Beginning in 2011, the organization leveraged its position as a nationally recognized leader in the fight to end domestic minor sex trafficking through the Protected Innocence Challenge–report cards grading states on the fundamental fabric of laws that address child sex trafficking. Now, Report Cards on Child & Youth Sex Trafficking will motivate states to move beyond fundamentals and consider effective protection and services. This project, announced on Wednesday, November 18, 2020 serves as the blueprint for the next phase in Shared Hope’s campaign for State Action. National Change. and the catalyst for stronger state legislation to protect commercially sexually exploited youth.

“When Shared Hope first issued state grades in 2011, 26 states earned failing grades. Many did not have a child sex trafficking law or make it a crime to buy sex with a child; today, just a decade later, all states have a child sex trafficking law and a legal framework for holding buyers of sex with children accountable” said Linda Smith, founder and president of Shared Hope. “Analyzing state laws for a decade revealed where gaps remain. Report Cards on Child & Youth Sex Trafficking addresses those gaps by shifting focus to the inadequate protections being provided to these survivors.” This video showcases the look towards the future.

With states playing a critical role in eradicating child and youth sex trafficking, the original framework sought to lay the foundation for transformational policy, practice, and culture change by advocating for laws that protect victims and hold perpetrators accountable. Through grassroots mobilization, legislative advocacy, technical assistance, and consistent collaboration, this vision has largely become a reality. Critical gaps in state laws have been addressed, with thirty-five states, and D.C., earning an “A” or “B” grade in 2019.

Looking towards the next decade, with the support of stakeholders, Shared Hope International will build on the strong legal foundation laid over the last 10 years to push states further, with a more robust focus on policies that strengthen victim protections and prioritize true prevention. This includes addressing and funding specialized services for victims as well as focusing on gaps in demand enforcement.

Report Cards on Child & Youth Sex Trafficking consists of 40 key points of law, grouped into six issue areas, that are needed under state law to provide a protective response to child and youth survivors of sex trafficking.

 The six key issue areas are:

1.  Criminal Provisions: Clear criminal laws, including those that criminalize buyers of sex with children, are needed to ensure all sex trafficking offenders can be held accountable.

2.  Identification of and Response to Victims: State laws must identify all commercially sexually exploited children as victims of trafficking and provide for a protective, rather than punitive response.

3.  Continuum of Care: To break the cycle of exploitation, state laws must provide victims access to funded, trauma-informed services.

4.  Access to Justice for Trafficking Survivors: A range of civil and criminal justice remedies must be available for victims under the law.

5.  Tools for a Victim-Centered Criminal Justice Response: Criminal justice procedures for the benefit and protection of victim-witnesses must be provided under the law.

6.  Prevention and Training: To help prevent trafficking and promote just responses to child sex trafficking victims, training must be required by law for child welfare, juvenile justice, law enforcement, prosecutors and school personnel, and prevention education required for students.

“The past decade has led to new research and opportunities to listen to survivors, bringing ever increasing clarity to laws and policies that must be in place to fully respond to child and youth sex trafficking,” said Smith. “At the core of this shift is stopping the victim blaming that prevents children from being recognized as victims and accessing needed services. There is clearly much work to be done.  Nineteen states still allow child victims to be charged with prostitution; in nineteen others the buyer can assert a defense that he didn’t know how old the child was; in nineteen more, buyers are not considered offenders under the child sex trafficking law. While we recognize changing laws to ensure greater protection for victims can be a heavy lift for states and providing services presents resource challenges, we’ve seen some states take the lead on this and we’re confident others will learn from their example.”

To view more information on Report Cards on Child & Youth Sex Trafficking visit here.

To support implementation of this advanced framework, our Policy Team will remain available to provide rapid technical assistance to support legislators, advocates, and state agencies; technical assistance requests can be submitted here.

ABOUT SHARED HOPE INTERNATIONAL

Founded in 1998 by then U.S. Congresswoman Linda Smith, Shared Hope International strives to prevent the conditions that foster sex trafficking, promote restoration for survivors of sex trafficking, and bring justice to vulnerable women and children. A non-profit Christian organization, Shared Hope engages in diverse activities that confront sex trafficking in communities throughout America. Our efforts include training first responders and community members to identify warning signs of trafficking and employ intervention techniques to appropriately respond to child trafficking victims; providing restorative services to affected children and women; and offering legislative support to those focused on strengthening laws that fight child sex trafficking. Our vision is to coordinate a national U.S. network of protection to improve the response to victims of trafficking. We believe we can create a world where every survivor is surrounded by trained professionals, an alert community, just law and policy, knowledgeable service providers and appropriate shelter options.



Mark Porter
Shared Hope International
202-963-2601 x408
[email protected]

Investor Alert: Kaplan Fox Investigates Boston Scientific Corporation (BSX)

NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating potential claims against Boston Scientific Corporation (“BSX” or the “Company”) (NYSE:BSX) for violations of the federal securities laws.

BSX’s Lotus Edge is a transcatheter aortic value replacement (TAVR). A TAVR is a medical device to treat patients with aortic value stenosis, which occurs when the heart’s aortic valve thickens and calcifies, preventing the valve from opening fully, which limits blood flow from the heart to the rest of the body. The FDA approved the Lotus Edge in April 2019 for patients with severe aortic stenosis, while clinical trials were run in 2020 for patients with intermediate risk.

On November 17, 2020, before the market opened, BSX announced “it initiated a global, voluntary recall of all unused inventory of the LOTUS Edge Aortic Valve System due to complexities associated with the product delivery system.” Further, the Company disclosed that “[g]iven the additional time and investment required to develop and reintroduce an enhanced delivery system, the company has chosen to retire the entire LOTUS product platform immediately. All related commercial, clinical, research & development and manufacturing activities will also cease.” BSX’s stated that its decision
“is expected to result in estimated total pre-tax GAAP charges of approximately $225 million to $300 million due to inventory, fixed asset, intangible asset and certain other exit charges and approximately $100 million to $150 million of these charges will impact the company’s adjusted results.”

On November 17, 2020, BSX shares declined from a closing price on November 16, 2020 of $38.03 per share, to close at $35.07 per share, a decline of $2.96 per share or approximately 8%, on heavier than usual volume.

If you purchased shares of BSX and would like to discuss 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 decades 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 your rights or interests, please contact:

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(212) 329-8571
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California 94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: [email protected]

 



IIROC Trade Resumption – KNR

Canada NewsWire

VANCOUVER, BC, Nov. 18, 2020 /CNW/ – Trading resumes in:

Company: Kontrol Energy Corp.

CSE Symbol: KNR

All Issues: No

Resumption (ET): 14:08:03 PM

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

SOURCE Investment Industry Regulatory Organization of Canada (IIROC)

IIROC Trading Halt – KNR

Canada NewsWire

VANCOUVER, BC, Nov. 18, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Kontrol Energy Corp.

CSE Symbol: KNR

All Issues: No

Reason: Single Stock Circuit Breaker

Halt Time (ET): 14:03:03

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

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

INV Metals Announces Live Town Hall Webinar Thursday, November 19, 4:05 p.m. EST

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — INV Metals Inc. (“INV Metals” or the “Company”) (TSX:INV) is pleased to announce it will be hosting its third Live Town Hall Webinar (“Webinar”) with O&M Partners on Thursday, November 19, 2020 at 4:05 p.m. EST.

INV Metals is focused on the sustainable development of the Loma Larga gold, copper and silver project (“Loma Larga”) and on the exploration of its greenfields projects, located in Ecuador. Please join the Company’s Chief Executive Officer, Ms. Candace MacGibbon, as she talks about the company’s strategy to advance Loma Larga towards development.

Ms. MacGibbon commented, “The recent completion of the Environmental Impact Study represented a significant milestone for the Company. We continue to work together with various governmental ministries to achieve our goal of the development of Loma Larga. The Company is also focused on communication with our stakeholders and has commenced project financing discussions with potential financial partners, including debt providers, private equity groups, royalty and streaming groups and potential concentrate off-take parties.

The Company’s largest shareholders include two leading Canadian mining companies; IAMGOLD Corporation holding a ~35.5% equity interest; and Dundee Precious Metals Corp. holding a ~19.4% equity interest.

In addition to Ms. MacGibbon’s presentation, the introductory comments to the Webinar will feature Mr. Robert Kientz, Editor and Publisher of Gold Silver Pros.com, which emphasizes long-term cycle investing in the precious metals market. He is also the author of the 2010 book Drop Shadow: The Truth About the Economy. Mr. Kientz will provide an overview on long-term cycle investing in the precious metals market.

The details and link to the Webinar and replay are provided below:

INV Metals Live Town Hall Webinar

T
hursday
,
November
1
9
at
4
:
0
5 p.m. E
S
T

Link: https://bit.ly/31QraQI

About INV™
 Metals

INV™ Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador. Currently, INV™ Metals’ primary assets are: (1) its 100% interest in the Loma Larga gold property in Ecuador; and (2) its 100% interests in exploration concessions in Ecuador, including Tierras Coloradas, La Rebuscada and Carolina. The Company’s significant shareholders are IAMGOLD Corporation which holds a 35.5% equity interest, and Dundee Precious Metals Corp. which holds a 19.4% equity interest. For further information on INV Metals please email the Company at [email protected]. Corporate presentations, press releases and other relevant information is available on the Company website at www.invmetals.com.

For further information, please contact:

Doug Flegg
Capital Markets Advisor
Phone: (416) 703-8416
E-mail: [email protected]

Forward

Looking Statements

This press release contains forward-looking information. Forward-looking information contained in this press release includes, but is not limited to, statements with respect to the Company’s permitting and financing efforts and plans. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. In certain cases, forward-looking information may be identified by such terms as “anticipates”, “believes”, “could”, “estimates”, “expects”, “may”, “shall”, “will”, or “would”. Forward-looking information contained in this press release is based on certain factors and assumptions made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believe are appropriate in the circumstances. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include the risk that the Company may not obtain project financing on favourable terms or obtain project financing at all and risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to grade or recovery rates, reliance on key personnel, operational risks, regulatory, capitalization and liquidity risks. Please refer to management’s discussion and analysis, the Company’s Annual Information Form dated April 14, 2020 and other disclosure documents filed and available on SEDAR at www.sedar.com for other risks that could materially affect the Company. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking information. The Company does not undertake to update any forward-looking information that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.



CSX Recognized by Dow Jones Sustainability Index

Company Appears for 10th Consecutive Year

JACKSONVILLE, Fla., Nov. 18, 2020 (GLOBE NEWSWIRE) — CSX continues to build its reputation in sustainability, earning a place on the Dow Jones Sustainability Index (DJSI) North America for the 10th consecutive year with across-the-board improvement in environmental, social, governance and economic scores.

In addition to being the only U.S. railroad to make the DJSI, CSX is ranked among the top 15 transportation and transportation infrastructure companies worldwide. A record 102 companies were assessed for this year’s global index.

“Being ranked among the most sustainably run transportation companies in the world is an affirmation of the actions we’re taking to reduce fuel consumption and lower emissions through technology and increasingly efficient operations,” said Jim Foote, president and chief executive officer.

The company’s efficiency improvements as well as high scores in key areas of business conduct, environmental policy and management systems, and operational eco efficiency contributed to driving improvement across DJSI’s assessment areas: governance and economic, environmental, and social dimensions. CSX continues to drive innovation across these important ESG themes.

“Our commitment to sustainability is good for us, for our customers and for society,” Foote said. “It supports our strategy of working with customers to convert more freight from highway to rail, which reduces highway congestion and wasteful emissions.”

The DJSI North America index is a partnership between the Dow Jones Indices and RobecoSAM Sustainability Assessments, which tracks the leading sustainability-driven companies based on an analysis of financially material economic, environmental and governance criteria. To learn more about sustainability at CSX, view the company’s most recent Environmental, Social and Governance Report at www.csx.com/esg.

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).

Contact:
Bryan Tucker, Corporate Communications
855-955-6397

Bill Slater, Investor Relations
904-359-1334



COD Interior Design Students Earn Top Awards from American Society of Interior Designers’ Illinois Chapter

Glen Ellyn, Ill., Nov. 18, 2020 (GLOBE NEWSWIRE) — Three College of DuPage Interior Design students earned three of four 2020 Student Design Excellence Awards presented by the Illinois Chapter of the American Society of Interior Designers (ASID).

Chosen from nearly 200 student submissions, Emma New won first place and Wendali Clouser won an honorary award in the commercial design category. Kate Scheck won first place in the residential design category. Pictured above is Scheck’s award-winning residential design.

A panel of independent, distinguished interior design professionals from other ASID Chapters throughout the U.S. reviewed the entries based on design creativity, function, solutions appropriate to the design challenges, scale and proportion, color and composition, lighting, materials and patterns.

Scheck’s educational journey at COD started in 2005. Her first place win is an extremely personal accomplishment after overcoming numerous obstacles, she said.

“I have slowly made my way through the Interior Design program at COD taking one class a semester because of my children’s schedule, but I stayed committed and found my way,” she said. “My professors were extremely supportive while still maintaining high standards. They inspired my best work, and this win is just as much a reflection of their demand for excellence as it is a summation of my skills. With the late nights and early mornings it took to work my way through this program, this award means that I didn’t just finish and graduate, I knocked it out of the park and that makes it all worth it.”

Clouser said the competition win will help increase her recognition within the industry and helps validate the quality and value of the education offered through the Interior Design program at COD.

“My success validates not only my skills, but also the skills and experience of my instructors, who provide a lot of support, instill a strong work ethic and drive us to do more than we think we can.”

COD Interior Design Professor Shelly Mocchi said despite virtual classes, her students are still committed to creating quality portfolio work.

“While I know everyone misses meeting in person, I’m thankful to have students who are highly engaged and extremely focused on creating competitive work that will either get them hired or help them on-board into a quality four-year program,” she said. “Our Interior Design faculty have high standards of professionalism and train students on ways to make their work align with industry standards. Given those efforts, seeing our students’ work winning competitions and getting them internships or positions in the field is so rewarding.”

Learn more about COD’s Interior Design program.

Attachment



Jennifer Duda
College of DuPage
(630) 942-3097
[email protected]

Howard’s Announces Record Year of Growth for 2020

Independent Retailer Closing Out Year Strong, Investing in Future of Company

LA HABRA, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) — Howard’s, Southern California’s premier independent appliance retailer, announced today a record-breaking year of increased sales, expanded audience awareness, and company growth. Among the significant advances and achievements of 2020, the company has seen a 43% sales increase and a 41% boost in new customers in several desirable demographics including the culturally diverse, new homeowners, Gen X, and Millennials. Many of the company’s accomplishments are a result of the initiatives new Howard’s President & CEO John Riddle instituted when he took over in 2019 and the company regularly outperforms top regional appliance retailers in several market categories.

“We are proud to say that in what has been a challenging year for our industry, Howard’s is not just surviving but we are thriving,” said Riddle. “Howard’s was already a well-established business when I came on board, and we worked hard to assemble a board of top advisors among the retail, consumer electronics, and logistics fields to help us put together an aggressive growth development strategy. We also added a new team of veteran marketers to our existing staff to help us build a strong online presence and grow in the digital space.” 

Howard’s has made a strategic shift to investing in both high performing existing stores and new locations in growing areas. The first of these is the new Howard’s Marina Pacifica flagship store that opened along the famous Pacific Coast Highway in Long Beach, California, in September. Serving as a luxury brand showroom, the location is an experience center featuring “live” kitchens, laundry displays, a coffee lounge, a designer conference area, and space for customers, designers, and trade professionals to browse room displays, observe product innovations, learn more about the latest technologies, and enjoy the highest levels of product expertise and customer service. Some of the luxury brands that have partnered with Howard’s and that display custom vignettes at the Marina Pacifica location include Monogram, Samsung, Thermador, JennAir, Dacor, and Fisher & Paykel.

In addition to these successes, Howard’s was recently recognized as a 2020 Retail Excellence Award winner by Dealerscope. The award is given annually to five companies based on their business performance and stature within the vendor community over the past year. Howard’s has also been awarded the gold in the Best Appliance Store category for the 12th time in the Beachcomber’s 19th annual Best of Long Beach awards and designated one of the top three Best Appliance Stores in the Orange County Register’s Best of Orange County 2020 awards.

“This year has brought changes in how we work with and support customers. We’re committed to ‘Get to Yes’ with customers, which means that we do everything we can to meet customers where they are,” adds Riddle. “We have implemented the technologies and services that matter to them, carefully considering where our investment dollars will make the most impact on our audiences.”

Howard’s was also recently featured on Good Day L.A.’s Tech Tuesday segment showcasing the Samsung 4K Sero TV that pairs with users’ mobile devices; the programmable LG Styler for steaming and sanitizing; Thermador’s built-in automatic coffee maker; and the Monogram hearth oven—today’s next-generation connected pizza oven. The morning television news and entertainment program airs on KTTV (channel 11) Los Angeles, in the second-largest TV market in the United States.

With the company commemorating its 75th anniversary next year, the Howard’s team continues to both build on its legacy of customer service and to grow into a future of innovation and technological development. The company looks forward to continuing to add new stores in new locations, developing new luxury partnerships, and seeking out the greatest advancements in the smart appliance and retail industry.

For more information about Howard’s, please visit howards.com.


ABOUT


HOWARD’S


Founded in 1946 when Howard Roach began repairing radios in the back of a sporting goods store in San Gabriel, California, Howard’s has grown to become Southern California’s largest and most trusted independent appliance retailer. With knowledgeable product experts, the highest levels of service, the best brands with an expansive array of products, and 12 conveniently located stores in Los Angeles, Orange, and Riverside Counties, we accommodate each customer in each location for a unique shopping experience every time. Howard’s prides itself on three pillars of service: an unparalleled 60-day price match guarantee, expert customer service, and free next day delivery.

MEDIA CONTACT:  Sabrina Suarez, 714-573-0899 x227  
  [email protected]