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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Triterras, Inc. (TRIT) on Behalf of Investors

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Triterras, Inc. (TRIT) on Behalf of Investors

BENSALEM, Pa.–(BUSINESS WIRE)–
Law Offices of Howard G. Smith announces an investigation on behalf of Triterras, Inc. (“Triterras” or the “Company”) (NASDAQ: TRIT) investors concerning the Company’s possible violations of federal securities laws.

On December 17, 2020, Triterras stated that Rhodium Resources Pte. Ltd. (“Rhodium”) was seeking a moratorium to shield itself from creditor actions while it planned a restructuring of its debts and continue its business as a going concern. The Company stated that “Rhodium was instrumental to the initial launch of the Company’s Kratos platform and the platform’s attractiveness to the commodities trading and trade financings communities” and that “substantially all of the users of the Kratos platform during the year ended February 29, 2020 were referred to the platform by Rhodium and its subsidiaries who accounted for 26.5% of the Company’s revenues.”

On this news, the Company’s stock price fell $4.11 per share, or 31%, to close at $9.09 per share on December 17, 2020, thereby injuring investors.

If you purchased Triterras securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

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

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

[email protected]

www.howardsmithlaw.com

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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PEN LOSSES ALERT: Bernstein Liebhard is Investigating Penumbra, Inc. For Violations of the Securities Laws

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Penumbra, Inc. (“Penumbra” or the “Company”) (NYSE: PEN) resulting from allegations that Penumbra might have issued misleading information to the investing public.

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

On December 8, 2020, Quintessential Capital Management (“QCM”) published a report entitled: “Is Penumbra’s Core Scientific Research Authored by a Fake Person?” In the report, QCM alleged that “a substantial portion of scientific literature produced by Penumbra appears to have been authored by a fictional character.” QCM performed extensive internet research and found that several Penumbra research papers promoting its own devices were authored by a “Dr. Antik Bose,” who QCM claims is “just a fake internet persona[.]”

On this news, Penumbra’s stock price fell $19.95 per share, nearly 9%, to close at $204.07 per share on December 8, 2020.

On December 15, 2020, after the markets closed, Penumbra announced that it was “voluntarily recalling all configurations” of its JET 7 Xtra Flex Reperfusion Catheter “because the catheter may become susceptible to distal tip damage during use.” This news came after a November 10, 2020 QCM report called: “Penumbra and its ‘Killer Catheter.’” In this report, QCM conducted interviews with “[n]euroradiologists [and] former FDA senior staff” and found that the JET 7 device was “linked to 18 recorded deaths [and] 39 injuries.”

Following the recall, Penumbra’s shares are trading at approximately $173.00 per share, down over 16%, on December 16, 2020.

If you purchasedPenumbra securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/penumbrainc-pen-shareholder-class-action-lawsuit-fraud-stock-345/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. © 2020 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]




Cents Per Share


Ex-Dividend Date


Record Date


Payable Date

6.5

January 28, 2021

January 29, 2021

February 10, 2021

6.5

February 25, 2021

February 26, 2021

March 10, 2021

6.5

March 30, 2021

March 31, 2021

April 12, 2021

The Fund adopted a Managed Distribution Plan (the “Plan”) in 2007 to maintain its current 6.5 cent per share distribution rate.  Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund’s primary objective.  If and when sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital to its shareholders in order to maintain the 6.5 cent per share distribution level.

The following table sets forth the estimated amounts of the Fund’s current monthly distribution, payable December 10, 2020, together with the cumulative distributions paid this fiscal year to date from the following sources.  The fiscal year is from November 1, 2020 to October 31, 2021.  All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.

Notification of Sources of Distribution
Distribution Period: November 2020
Distribution Amount Per Share of Common Stock:  $0.065

Distribution Estimates

November 2020

Fiscal YTD

 

Per Share
Amount

% of Current
Distribution

Per Share
Amount

% of Cumulative
Distributions

Net Investment Income

$0. 021

32%

$0. 021

32%

Net Realized Short-
Term Capital Gains

–

–

–

–

Net Realized Long-
Term Capital Gains

0. 020

31%

0. 020

31%

Return of Capital (or
Other Capital Source)

0. 024

37%

0. 024

37%

Total

(per common share)

$0.065

100%

$0.065

100%

 

October 31, 2020

Average annual total return* on NAV for the 5 years ended

9.17%

Annualized current distribution rate as a percentage of NAV

9.03%

Cumulative total return on NAV for the fiscal YTD

-10.57%

Cumulative fiscal year distributions as a percentage of NAV

9.03%

* Simple arithmetic average of each of the past five annual returns.

You should not necessarily draw any conclusions about the Fund’s investment performance from the amount of these distributions or from the terms of the Fund’s Plan.

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes.  The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations.  The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. 

About the Fund

DNP Select Income Fund Inc. is a closed-end diversified investment management company whose primary investment objectives are current income and long-term growth of income. The fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. For more information, please visit www.dpimc.com/dnp or call (800) 864-0629.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 40 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs).  For more information, visit www.dpimc.com.

Duff & Phelps is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique asset manager with $116.5 billion under management as of September 30, 2020.  Virtus provides investment management products and services to individuals and institutions through a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand.  Additional information can be found at www.virtus.com.

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SOURCE DNP Select Income Fund Inc.

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DTF Tax-Free Income Inc. Announces Special Distribution

PR Newswire

CHICAGO, Dec. 17, 2020 /PRNewswire/ — DTF Tax-Free Income Inc. (NYSE: DTF) (the “Fund”) is announcing today a special taxable distribution of $0.000160 per share, payable on January 11, 2021 to its common shareholders of record on December 31, 2020. The breakdown of the distribution on a per-share basis is as follows:

 


Description

 


Amount

 


Ex-Dividend Date

 


Record Date

 


Payable Date

Long-term capital gains

$0.000160


Total Distribution

$0.000160

12/30/2020

12/31/2020

1/11/2021

For questions regarding taxable distributions, please consult your tax adviser.

About the Fund

DTF Tax-Free Income Inc. is a closed-end diversified investment management company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital.  The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.  For more information, visit www.dpimc.com/dtf or call (800) 338-8214.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 40 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs).  For more information, visit www.dpimc.com.

Duff & Phelps is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique asset manager with $116.5 billion under management as of September 30, 2020.  Virtus provides investment management products and services to individuals and institutions through a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand.  Additional information can be found at www.virtus.com.

 

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SOURCE DTF Tax-Free Income Inc.

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Subversive Capital Acquisition Corp. Announces Filing of Final Prospectus

Canada NewsWire

Transaction expected to close on January 15, 2021

Class A Restricted Voting Shares currently trade on the NEO under the symbol “SVC.A.U” and on the OTCQX under the symbol “SBVCF”

TORONTO, Dec. 17, 2020 /CNW/ – Subversive Capital Acquisition Corp. (NEO: SVC.A.U) (NEO: SVC.WT.U) (OTCQX: SBVCF) (“SCAC”), a special purpose acquisition company (SPAC), today announces that it has filed and obtained a receipt for its final prospectus (the “Prospectus”) in connection with its definitive transaction agreements with global icon, entrepreneur and MONOGRAM founder, Shawn “JAY-Z” Carter, entertainment powerhouse Roc Nation, CMG Partners, Inc. (Caliva), California’s most trusted cannabis brand and leading direct-to-consumer platform, and Left Coast Ventures, Inc. (Left Coast Ventures), a predominant cannabis and hemp company with low-cost manufacturing and a diversified portfolio of brands, to form TPCO Holding Corp. (The Parent Company) (the “Transaction”). SCAC is the largest cannabis SPAC in history and will seek to redefine the industry with a mission to both consolidate the California cannabis market and create an impactful global company.

The Transaction is expected to close on January 15, 2021, subject to customary closing conditions.

Pursuant to the articles of SCAC, holders of Class A Restricted Voting Shares of SCAC have the right to redeem all or a portion of their Class A Restricted Voting Shares in connection with the Transaction. To redeem their Class A Restricted Voting Shares in connection with the Transaction, holders must deposit their Class A Restricted Voting Shares for redemption prior to 4:00 p.m. (Toronto time) on January 12, 2021, in accordance with the instructions contained in the notice of redemption to be mailed to holders of Class A Restricted Voting Shares and made available on SEDAR at www.sedar.com. Subject to applicable law, effective immediately prior to closing of the Transaction all Class A Restricted Voting Shares validly deposited for redemption will be redeemed for an estimated price per Class A Restricted Voting Share of US$10.13, payable in cash. Upon payment of such cash consideration, the holders of Class A Restricted Voting Shares so redeemed will have no further right in respect of the Class A Restricted Voting Shares.

A copy of the Prospectus is available on SEDAR at www.sedar.com and on SCAC’s website at www.subversivecapital.com/prospectus.

About Subversive Capital Acquisition Corp.

Subversive Capital Acquisition Corp. (SCAC) is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, a qualifying transaction within a specified period of time. Founded by Michael Auerbach and led by Chief Executive Officer, Leland Hensch, SCAC is dedicated to investing in radical companies whose core missions subvert the status quo. For more information, visit www.subversivecapital.com

About Roc Nation

Roc Nation, founded in 2008 by JAY-Z, has grown into the world’s preeminent entertainment company. Roc Nation works in every aspect of modern entertainment, with recording artists, producers, songwriters, and more. Roc Nation’s client list includes some of the world’s most recognizable names in entertainment, from Rihanna and Rapsody to Buju Banton and Snoh Aalegra. Roc Nation is a full-service organization, supporting a diverse roster of talent via artist management, music publishing, touring, production, strategic brand development, and beyond. Roc Nation Sports was founded in 2013, bringing the organization’s full-service touch to athletes across the NFL, NBA, MLB, and global soccer. For further information, visit rocnation.com.

About Caliva

Caliva is a leading single-state cannabis operator in California. Founded in 2015, Caliva’s industry advantage comes from its vertical integration and direct-to-consumer platform. This direct-to-consumer experience enables customers to purchase cannabis at Caliva’s retail stores and place orders online for in-store pickup or same-day delivery straight to their door. Caliva’s plant-based solutions serve over 1 million customers and are designed to fit any lifestyle. Caliva’s commitment to compliance and quality reinforce its position as THE MOST TRUSTED NAME IN CANNABIS™. For more information visit caliva.com or follow along on Instagram, @GoCaliva.

About Left Coast Ventures

Headquartered in Santa Rosa, CA, Left Coast Ventures is a diversified cannabis and hemp company specializing in cultivation, extraction, manufacturing, brand development, and distribution. Left Coast Ventures and its subsidiaries are working to shape the future of the legal cannabis industry in the United States through acquisitions, investments, and incubation while building a respected portfolio of top shelf brands. Wholly owned, licensed, and/or distributed brands within the Left Coast Ventures portfolio include Marley Natural, Mind Your Head by Mickey Hart, Mirayo by Carlos Santana, JEF, SoulSpring, Provault, Chill, Headlight, Get Zen, New Frontier Brewing, and Yummi Karma/High Gorgeous.

Forward Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities legislation which reflects SCAC’s current expectations regarding future events. The words “will”, “expects”, “intends” and similar expressions are often intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specific forward-looking information contained in this press release includes, but is not limited to: statements concerning the completion of the Transaction and the expected timing thereof and statements concerning the listing of the Common Shares and Warrants of SCAC following closing of the Transaction. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond SCAC’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: failure to complete the Transaction, inability to obtain requisite regulatory or shareholder approvals, changes in general economic, business and political conditions, changes in applicable laws, the U.S. and Canadian regulatory landscapes and enforcement related to cannabis, changes in public opinion and perception of the cannabis industry, reliance on the expertise and judgment of senior management, as well as the factors discussed under the heading “Risk Factors” in the Prospectus which is available on SEDAR at www.sedar.com. SCAC undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Subversive Capital Acquisition Corp.

Posted on

DTF Tax-Free Income Inc. Announces Dividends

PR Newswire

CHICAGO, Dec. 17, 2020 /PRNewswire/ — On December 17, 2020, the Board of Directors of DTF Tax-Free Income Inc. (NYSE: DTF) (the “Fund”), a closed-end fund advised by Duff & Phelps Investment Management Co., authorized the payment of dividends on the Fund’s common stock as follows:


Cents Per Share


Ex-Dividend Date


Record Date


Payable Date

4.0

January 14, 2021

January 15, 2021

January 29, 2021

4.0

February 12, 2021

February 16, 2021

February 26, 2021

4.0

March 12, 2021

March 15, 2021

March 31, 2021

About the Fund

DTF Tax-Free Income Inc. is a closed-end diversified investment management company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital.  The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.  For more information, visit www.dpimc.com/dtf or call (800) 338-8214.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 40 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs).  For more information, visit www.dpimc.com.

Duff & Phelps is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique asset manager with $116.5 billion under management as of September 30, 2020.  Virtus provides investment management products and services to individuals and institutions through a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand.  Additional information can be found at www.virtus.com.

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SOURCE DTF Tax-Free Income Inc.

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SWI LOSSES ALERT: Bernstein Liebhard is Investigating SolarWinds Corporation For Violations of the Securities Laws

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of SolarWinds Corporation (“SolarWinds” or the “Company”) (NYSE: SWI) resulting from allegations that SolarWinds might have issued misleading information to the investing public.

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

On December 14, 2020, SolarWinds disclosed on Form 8-K that it had become “aware of a cyberattack that inserted a vulnerability within its Orion monitoring products which, if present and activated, could potentially allow an attacker to compromise the server on which the Orion products run.” The Company further stated that it believed the attack was “the result of a highly sophisticated, targeted and manual supply chain attack by an outside nation state.”

On this news, SolarWinds’s stock price fell $3.93 per share, or 16.69%, to close at $19.62 per share.

If you purchasedSolarWinds securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/solarwindscorporation-swi-shareholder-class-action-lawsuit-fraud-stock-343/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. © 2020 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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INSU Acquisition Corp. III Announces Pricing of Upsized $218,000,000 Initial Public Offering

PHILADELPHIA, PA, Dec. 17, 2020 (GLOBE NEWSWIRE) — INSU Acquisition Corp. III (NASDAQ:IIIIU) (the “Company”), a blank-check company sponsored by Cohen & Company (NYSE American: COHN) and formed for the purpose of acquiring or merging with one or more businesses or entities in the insurance industry, today announced the pricing of its upsized initial public offering of 21,800,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $218,000,000. The Company’s units will be listed on the Nasdaq Capital Market under the symbol “IIIIU” and will begin trading on December 18, 2020. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-third of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “IIII” and “IIIIW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The closing of the offering is anticipated to take place on or about December 22, 2020, subject to customary closing conditions.

Cantor Fitzgerald & Co. and Wells Fargo Securities are serving as joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,270,000 units at the initial public offering price to cover over-allotments, if any. 

A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on December 17, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor, New York, New York 10022; Email: [email protected]; or by contacting Wells Fargo Securities, Attention: Equity Syndicate Department, 500 West 33rd Street, New York, New York, 10001, at (800) 326-5897 or emailing a request to [email protected]. Copies of the registration statement can be accessed for free through the SEC’s website at www.sec.gov.

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. No assurance can be given that such offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

Contact Information:

Amanda Abrams
Cohen & Company, LLC
[email protected]
(215) 701-9693



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Duff & Phelps Utility And Corporate Bond Trust Announces Dividends

PR Newswire

CHICAGO, Dec. 17, 2020 /PRNewswire/ — On December 17, 2020, the Board of Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the “Fund”), a closed-end fund advised by Duff & Phelps Investment Management Co., authorized the payment of dividends on the Fund’s common stock as follows:


Cents Per Share


Ex-Dividend Date


Record Date


Payable Date

5.0

January 14, 2021

January 15, 2021

January 29, 2021

5.0

February 12, 2021

February 16, 2021

February 26, 2021

5.0*

March 12, 2021*

March 15, 2021*

March 31, 2021*

* The March dividend will be declared and paid only if the proposed merger with DNP Select Income Fund Inc. is not consummated prior to March 12, 2021.  The proposed merger was announced in a separate press release dated November 23, 2020.      

About the Fund

Duff & Phelps Utility and Corporate Bond Trust Inc. is a closed-end diversified investment management company whose primary investment objective is high current income consistent with investing in securities of investment grade quality.  The fund seeks to achieve its objectives by investing substantially all of its assets in a diversified portfolio of utility income securities, corporate income securities, mortgage-backed securities and asset-backed securities. For more information, visit www.dpimc.com/duc or call (800) 338-8214.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 40 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs).  For more information, visit www.dpimc.com.

Duff & Phelps is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique asset manager with $116.5 billion under management as of September 30, 2020.  Virtus provides investment management products and services to individuals and institutions through a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand.  Additional information can be found at www.virtus.com.

Cision View original content:http://www.prnewswire.com/news-releases/duff–phelps-utility-and-corporate-bond-trust-announces-dividends-301195687.html

SOURCE Duff & Phelps Utility and Corporate Bond Trust Inc.

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AAFA Celebrates Major Advocacy Win! Congress Passes School-Based Allergies and Asthma Management Program Act, H.R. 2468

Law gives greater protections and resources to students with asthma and allergies across the U.S.

Washington D.C., Dec. 17, 2020 (GLOBE NEWSWIRE) — Today Congress passed H.R. 2468, the School-Based Allergies and Asthma Management Program Act. This bipartisan bill will help millions of U.S. children manage asthma and food allergies at school. It’s a health advocacy win the Asthma and Allergy Foundation of America (AAFA) is extremely proud of because its championed and supported this legislation from the start.

H.R. 2468 encourages states to improve allergy and asthma care in schools by giving preference for federal grants to states that adopt certain management programs and policies. In keeping with policy recommendations from AAFA’s State Honor Roll, states can earn financial rewards for putting the following in place:

  • Methods to identify all students who have allergies or asthma
  • Create individual student action plans
  • Require school nurses or on-site trained staff during operating hours to administer medicines for both asthma and allergies
  • Asthma and allergy training education for school staff
  • Efforts to reduce indoor asthma and allergy triggers
  • Coordinate management of care with families and health care providers

“Supporting this bill and working with Congress to make sure it passed in both the House and Senate has been at the top of AAFA’s priorities list for years. It means a lot to know that AAFA’s leadership and dedicated advocacy work made this legislation happen,” said AAFA’s CEO and president, Kenneth Mendez. “Schools continue to face enormous challenges both educating and keeping kids safe and healthy during a global pandemic. Senate passage of this bill helps to set the framework for meeting long-term health goals inside of schools. It might also help more schools get the resources they need while also managing COVID-19.”

According to the Centers for Disease Control, about 6 million U.S. children have asthma. An estimated 5.6 million suffer from food allergies, or a combination of both food allergies and asthma. Poorly controlled asthma and severe allergic reactions can be fatal. Asthma is currently the most common chronic disease among children. It is the leading cause of missed school days for students under age 18.

“This legislation can also play an important role in leveling the playing field inside of classrooms. Our report, Asthma Disparities in America: A Roadmap to Reducing Burden on Racial and Ethnic Minorities shows asthma is more common in Black and Hispanic children. They also experience more devastating outcomes compared to white children. Health inequity puts students of color at an unfair academic disadvantage. Healthier children at school usually means more class time. It means more time learning, achieving and succeeding. It also means fewer hospital stays and visits. We’re hoping this is the first of many laws that will help us make a difference in bringing an end to disturbing health inequities,” said Mendez.

In January 2020, Mendez testified before the U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Health in support of H.R. 2468 emphasizing the significant role it can play in helping to save lives and curb asthma and allergy incidents. It’s a move which helped to push the bill through the House of Representatives this fall.

AAFA thanks House Majority Leader Steny Hoyer (D-MD) and Representative Phil Roe (R-TN) for their unwavering leadership on the bill and Senator Lamar Alexander (R-TN) for shepherding it through the Senate.

AAFA’s biggest thanks goes to our patient and family community. AAFA’s grassroots efforts led thousands of families who are impacted by asthma and allergies across the nation to get involved and contact their legislators. The bill is now headed to the White House where the president has 10 days to sign it into law.

##

About AAFA

Founded in 1953, AAFA is the oldest and largest non-profit patient organization dedicated to saving lives and reducing the burden of disease for people with asthma, allergies and related conditions through research, education, advocacy and support. AAFA offers extensive support for individuals and families affected by asthma and allergic diseases, such as food allergies and atopic dermatitis (eczema). Through its online patient support communities, network of local chapters and affiliated support groups, AAFA empowers patients and their families by providing practical, evidence-based information and community programs and services. AAFA is the only asthma and allergy patient advocacy group that is certified to meet the standards of excellence set by the National Health Council. For more information, visit www.aafa.org.

 

Attachment 



Kafi Brown, Public Relations Director
Asthma and Allergy Foundation of America
2029741223
[email protected]