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Press Release: INVESTOR ALERT: Kaskela Law LLC Announces Expanded Class Period in Shareholder Class Action Against Farmland Partners Inc. and Encourages Investors to Contact the Firm
- Details
- Category: Globe NewsWire News Distribution Service
- Created: 19 August 2018
- Last Updated: 19 August 2018
- Published: 19 August 2018
- Written by www.GlobeNewsWire.com Press Releases
RADNOR, Pa., Aug. 18, 2018 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Farmland Partners Inc. (NYSE: FPI) (NYSE: FPI-PB) (“Farmland” or the “Company”) on behalf of investors who purchased the Company’s securities between March 16, 2016 and July 10, 2018, inclusive (the “Class Period”).
IMPORTANT DEADLINE: Investors who purchased Farmland’s securities during the Class Period may, no later than September 10, 2018, seek to be appointed as a lead plaintiff representative of the class. Investors seeking to take a proactive role in this litigation are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740 or This email address is being protected from spambots. You need JavaScript enabled to view it., or submit their information online at http://kaskelalaw.com/case/farmland-partners/.On July 11, 2018, Rota Fortunae published an online report alleging that Farmland artificially increased revenues “by making loans to related-party tenants who round-trip the cash back to FPI as rent.” The report further detailed that “[w]e found evidence that strongly supports [Farmland] has significantly overpaid for properties; under normal circumstances, we estimate [Farmland] is worth $4.85/share, but we think the shares are un-investible.” Additionally, the report stated that Farmland has “neglected to disclose that the majority of its loans have been made to two members of the management team.” Following this report, Farmland’s common stock fell $3.37 per share (39%) and its preferred shares fell $6.08 per share (25%).The shareholder class action complaint alleges that defendants made false and misleading statements and/or failed to disclose to investors that: (i) Farmland artificially increased its revenues by marking loans to related party tenants and (ii) Farmland’s Class Period revenues were overstated. The complaint further alleges that, as a result of the foregoing, investors purchased Farmland’s securities at artificially inflated prices during the Class Period and have sustained significant investment losses.
Press Release: GDS LOSS NOTICE: Rosen Law Firm Reminds GDS Holdings Limited Investors of Important Deadline in Class Action – GDS
- Details
- Category: Globe NewsWire News Distribution Service
- Created: 18 August 2018
- Last Updated: 18 August 2018
- Published: 18 August 2018
- Written by www.GlobeNewsWire.com Press Releases
NEW YORK, Aug. 18, 2018 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of GDS Holdings Limited (NASDAQ:GDS) from November 2, 2016 through July 31, 2018, inclusive (the “Class Period”) of the important October 1, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for GDS Holdings investors under the federal securities laws.Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Attorney Advertising. Prior results do not guarantee a similar outcome.Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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Press Release: ANALOGIC 72 HOUR DEADLINE ALERT: APPROXIMATELY 72 HOURS REMAIN; FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK & FOTI, LLC REMIND INVESTORS of Deadline in Class Action Lawsuit Against Analogic Corporation - ALOG
- Details
- Category: Globe NewsWire News Distribution Service
- Created: 18 August 2018
- Last Updated: 18 August 2018
- Published: 18 August 2018
- Written by www.GlobeNewsWire.com Press Releases
NEW ORLEANS, Aug. 18, 2018 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until August 21, 2018 to file lead plaintiff applications in a securities class action lawsuit against Analogic Corporation (“Analogic” or the “Company”) (NasdaqGS: ALOG) in connection with the sale of the Company to Altaris Capital Partners, LLC. This action is pending in the United States District Court for the District of Massachusetts.
What You May DoIf you held common stock of Analogic at the relevant times 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 (This email address is being protected from spambots. You need JavaScript enabled to view it.), or visit https://www.ksfcounsel.com/cases/nasdaqgs-alog/ 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 August 21, 2018.About Kahn Swick & Foti, LLCKSF, whose partners include the 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.Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
This email address is being protected from spambots. You need JavaScript enabled to view it.
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
Press Release: Larson Electronics LLC Releases Hazardous Area C1D2 2 Ft Integrated LED Light Pivoting Fixture
- Details
- Category: Globe NewsWire News Distribution Service
- Created: 18 August 2018
- Last Updated: 18 August 2018
- Published: 18 August 2018
- Written by www.GlobeNewsWire.com Press Releases
KEMP, Texas, Aug. 18, 2018 (GLOBE NEWSWIRE) -- Larson Electronics LLC, leader in industrial lighting, has released a hazardous area LED light fixture approved for use in Class 1 Division 2 Groups A, B, C and D locations, and is UL 1598A listed with a T4A temperature rating. This 2-foot-long, 2 lamp fixture operates on 120-277VAC producing 3,500 lumens at 28 watts, and is ideal for aircraft maintenance, oil drilling rigs, refineries and chemical manufacturing facilities.
The HAL-24-2L-ITG-LED-BMSW-V2-BL is a 40-watt explosion proof LED light fixture that features a 2 foot integrated LED array that produces 4,000 lumens. This Class 1 Division 2 Groups A, B, C and D hazardous area LED light that takes the reliability and efficiency of a fluorescent fixture and adds even longer lamp life and efficiency with high output LEDs. The ballast normally associated with fluorescent fixtures has been eliminated from this unit, which reduces overall weight, increases lamp life to an extreme 50,000 hours and helps this LED fixture maintain a T4A temperature rating.The lamps are protected by a powder coated aluminum frame and shatter and heat resistant clear glass lens secured with four zinc coated steel draw latches. The HAL-24-2L-ITG-LED-BMSW-V2-BL operates on any voltage ranging from 90 to 305V AC or 127 to 431V DC without any modifications necessary. We also offer other variations of this light if needed to fit your specific application, 347-480V AC, 12-24V DC and 0-10V dimmable by simply installing the custom driver or DC-DC transformer. This light fixture is both U.S. and Canada U.L. approved and features a pivoting surface mount bracket allowing the fixture to pivot 45 degrees.“This integrated LED light is an excellent replacement for fluorescents in hazardous locations such as oil drilling rigs, chemical manufacturing and refineries, just to name a few,” said Rob Bresnahan, CEO of Larson Electronics LLC. “The pivoting mount allows operators to direct the high intensity light where needed.” About Larson Electronics LLC: Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade light...
Press Release: Security Innovation Brings Popular Cyber Range Training to DEF CON
- Details
- Category: Globe NewsWire News Distribution Service
- Created: 18 August 2018
- Last Updated: 18 August 2018
- Published: 18 August 2018
- Written by www.GlobeNewsWire.com Press Releases
Wilmington, MA, Aug. 18, 2018 (GLOBE NEWSWIRE) -- Security Innovation, a pioneer in software security assessment and training, announced that hundreds of DEF CON 26 attendees were able to put their red team skills to the test at its recent CMD+CTRL Contest held over two days in Las Vegas, NV. Participants were challenged to think like attackers to find and exploit vulnerabilities in two intentionally vulnerable web sites – a new and advanced DigiExchange crypto currency site and InstaFriends, a social media site.
Click here to take Security Innovation’s CMD+CTRL cyber range for a test drive.As the only authentic application security cyber range, CMD+CTRL consists of purpose-built applications in each available vertical that participants can attack to discover flaws. It provides the type of training needed to overcome the security skills gap that most organizations face.“Cyber ranges are incredibly effective for many reasons. They are experiential learning tools that encourage people to explore, search for solutions and learn in a way that is exciting while also helping to solidify the concepts they are learning about by seeing them come to life right in front of their eyes,” said Lisa Parcella, Vice President of Product Management & Marketing at Security Innovation. “It is educational to read or watch a video about how an attacker thinks, but it is transformative to become that attacker and use your wits and knowledge to perpetrate an actual attack.” Over a hundred teams vied to attain the maximum score of 30,160 points while learning first-hand how applications are fundamentally attacked. The top scoring team, Bah Hu...
Press Release: Black Box Corporation Announces Definitive Agreement for the Sale of Its Federal Government IT Services Business
- Details
- Category: Globe NewsWire News Distribution Service
- Created: 18 August 2018
- Last Updated: 18 August 2018
- Published: 18 August 2018
- Written by www.GlobeNewsWire.com Press Releases
PITTSBURGH, Aug. 18, 2018 (GLOBE NEWSWIRE) -- Black Box Corporation (NASDAQ:BBOX), a leading digital solutions provider, announced that it has entered into a definitive agreement to sell its Federal Government IT Services Business (the “Federal Business”) to a private equity firm for a cash purchase price of $75 million. The buyer has agreed to purchase 100% of the equity interests of the Federal Business on a debt-free, cash-free basis. Consummation of the transaction is subject to customary closing conditions and the parties anticipate a closing on or before August 31, 2018. Raymond James & Associates and Jones Day are representing Black Box in this transaction.
As previously disclosed, the Second Amendment dated June 29, 2018 to Black Box’s Credit Agreement dated May 9, 2016, as amended (the “Credit Agreement”), requires that Black Box satisfy certain milestones related to the sale of the Federal Business, including the execution of this definitive agreement and the consummation of the sale by August 31, 2018 (subject to extension by the Agent under the Credit Facility). The net proceeds of the sale of the Federal Business, after fees, costs, expenses and accrued interest under the Credit Facility, will be used to pay down all outstanding indebtedness under the new $10 million LIFO senior revolving credit facility, which will then remain available for future borrowings (subject to continued compliance with the Credit Agreement). The remainder of the net proceeds will be used to pay down other indebtedness under the Credit Agreement.While the entry into a definitive agreement for the sale of the Federal Business is a significant milestone for Black Box, the Company also remains focused on exploring all other strategic alternatives with the assistance of Raymond James and Jones Day to address its liquidity needs including, among others, refinancing, restructuring and the sale of some or all of the remaining businesses of the Company. This process reflects the continued commitment of the Board of Directors of the Company to act in the best interests of the Company and to maximize value for the Company’s stockholders.While the Company is working expeditiously to consummate the sale of the Federal Business and on other strategic alternatives, there can be no assurances that the sale of the Federal Business will be consummated or that the Company will be able to consummate any other strategic alter...
More Articles ...
- Press Release: SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Restoration Robotics, Inc. of Class Action Lawsuit and Upcoming Deadline – HAIR
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- Press Release: SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Rockwell Medical, Inc. (RMTI) and Lead Plaintiff Deadline – September 25, 2018
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- Newswire: Mortgage Professional America Magazine Honors MCT’s Rhonda Beck, CMB with 2018 Elite Women in Mortgage Award
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- Press Release: FINAL SHAREHOLDER DEADLINE ALERT: Kaskela Law LLC Announces August 17, 2018 Deadline in Shareholder Class Action Lawsuit Against TAL Education Group – TAL
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Globe NewsWire News Distribution Service
- Article Count:
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Send2Press NewsWire Distribution Service
- Article Count:
- 473
