Policy & Public Interest
UNFCU Clients Pursue Six-Figure Northstar Financial Services (Bermuda) Claim Against Raymond James & Copper Financial
NEW YORK, Feb. 1, 2022 /PRNewswire/ -- Three investors have filed a FINRA arbitration claim against Raymond James Financial Services and Copper Financial (fka Community America Financial Solutions, LLC). These investors suffered losses inNorthstar Financial Services (Bermuda) products, alleging ...
2022-02-01 18:00
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Electrolux charges MUSD 85 to Q4 2021 result after arbitration in U.S. tariff case
STOCKHOLM, Jan. 27, 2022 /PRNewswire/ -- Electrolux will charge MUSD 85 (MSEK 727) to earnings in the fourth quarter of 2021 after an appeals panel upheld a U.S. Department of Commerce (DOC) decision regarding tariffs on washing machines imported into the U.S. fromMexico in 2016/2017. As previo...
2022-01-27 08:13
2010
Yalla Group Announces Dismissal of Securities Class Action Lawsuit
DUBAI, UAE, Jan. 19, 2022 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in theMiddle East and North Africa (MENA), today announced that the lead plaintiffs in a securities class action lawsuit ag...
2022-01-20 07:00
2303
Court Decision: Rejecting All Claims from Delta due to No Infringement made by Appotronics
SHENZHEN, China, Jan. 10, 2022 /PRNewswire/ -- Appotronics (688007.SH) announced onJanuary 6 that, according to two civil judgments (Case No. (2019) Jing73 Min Chu No. 1275 and Case No. (2019) Jing73 Min Chu No. 1276) from Beijing Intellectual Property Court received by Appotronics, it was decide...
2022-01-11 09:38
1974
The Royal Gazette Interviews SSEK Law Firm and Japanese Investor Who Suffered Northstar Financial Services (Bermuda) Losses
HOUSTON, Texas, Jan. 4, 2022 /PRNewswire/ -- A Japanese investor and her securities attorney were interviewed by The Royal Gazette about the losses she and her husband suffered from investing in Northstar Financial Services (Bermuda ). This is a now-defunct offshore entity that is currently in liq...
2022-01-04 18:00
2251
Appotronics Announces Litigation Against Delta Electronics for its Infringement Lawsuit
SHENZHEN, China, Dec. 31, 2021 /PRNewswire/ -- On December 20, Appotronics Corporation Limited (688007.SH, "Appotronics") made theAnnouncement of Appotronics on Litigation against Delta Electronics for its Malicious Lawsuits, which reads that Appotronics filed a suit against Delta Electronics for...
2021-12-31 21:19
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Stylus Media Press Release for Walid Giahmi
GENEVA, Dec. 17, 2021 /PRNewswire/ -- Businessman Walid Giahmi has welcomed the dismissal earlier this month of the Libyan Investment Authority's most recent case against him. His Honour Judge Pelling QC sitting as a judge of the High Court, the said the LIA had "no real prospect of success" of ...
2021-12-17 17:00
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Nisun International Announces Dismissal of Class Action Lawsuit
SHANGHAI, Dec. 16, 2021 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry and finance, today announced the result of the class action ...
2021-12-16 21:00
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Renren Inc. Provides Update on Proposed Settlement re Shareholder Derivative Action
PHOENIX, Dec. 9, 2021 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), today announces that a hearing was held today before the New York State Supreme Court, Commercial Division (the "Court") in the consolidated shareholder derivative lawsuits captionedIn re Renren, Inc. Deri...
2021-12-10 02:31
2225
Wise-Sync Settles Legal Claims with NVoiceFlow
MELBOURNE, Australia, Dec. 7, 2021 /PRNewswire/ -- Wise-Sync has settled its claims in the Supreme Court ofVictoria against its former customer Linden Technology Group (T/AS Lindentech), Nvoiceflow Pty Ltd and their common managing directorJawid Dadarkar. Wise-Sync alleged that Nvoiceflow was cr...
2021-12-07 14:16
1807
Wilson Sonsini Elects 23 New Partners
- Wilson Sonsini's partner-elect class includes one non-binary person, eight women, and 14 men from the firm's corporate, litigation, intellectual property, regulatory, and technology transactions practices- - Firm's 2022 class of 23 partner-elects matches the largest group promoted since 1999- ...
2021-12-06 22:00
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Afiniti Announces Larry Babbio as Chair, Establishes Special Committee To Conduct Investigation
WASHINGTON, Nov. 22, 2021 /PRNewswire/ -- The Board of Directors of Afiniti Ltd. ("Afiniti") has namedLarry Babbio as Chair of the Board of Afiniti, effective immediately. Mr. Babbio has served as a Director of Afiniti's Board since 2016. The former Vice Chair and President of Verizon Communicati...
2021-11-22 22:31
2733
Chemours Files Second Lawsuit Against AGC, Inc. for Infringement of HFO-1234yf Patent
WILMINGTON, Del., Nov. 22, 2021 /PRNewswire/ -- On November 12, 2021, The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials and Chemical Solutions,announced tha...
2021-11-22 14:29
3342
Law Offices of Gary R. Carlin APC Files International Class Action Against Datto
LONG BEACH, Calif., Nov. 18, 2021 /PRNewswire/ -- A class action filed in US
District Court for the Central District ofCalifornia, on October 27, 2021
alleges that Datto purposefully, willfully, and knowingly committed consumer
fraud and violated multiple consumer protection laws.
2021-11-18 08:00
2651
DMSA study: EVERGRANDE - 10 Billion US-Dollar in losses for Asia-Funds
BERLIN, Nov. 17, 2021 /PRNewswire/ -- The Evergrande default and the China real estate crisis are currently causing around10 billion US dollars in losses at the ten largest pension and investment funds specializing inAsia, with the largest Evergrande bond exposure of around1.2 billion US dollars....
2021-11-17 23:54
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Nam Tai Issues Statement regarding the Hearing of Three Applications Filed Subsequent to the Appeal Judgment Dated October 4, 2021
SHENZHEN, China, and TORTOLA, British Virgin Islands, Nov. 11, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) is to provide an update regarding the hearing held onNovember 8, 2021 in relation to the three applications filed on October 18, 2021, subsequ...
2021-11-12 01:42
2312
Lingshan County Further Improves Service Enterprises and Continuously Optimizes Business Environment
LINGSHAN, China, Nov. 11, 2021 /PRNewswire/ -- In recent years, Lingshan County, Qinzhou City,Guangxi has implemented a series of measures, such as "cross-provincial application + package service", "one-stop services", "reduce process, time and cost" and "construction commencement upon land acqui...
2021-11-11 12:47
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Update on Deferred Prosecution Agreement
STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- On December 6, 2019, Ericsson (NASDAQ: ERIC) entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). Ericsson has received correspondence from the DOJ stating that it has determined that Ericsson breached its...
2021-10-22 10:18
2241
CGTN: Yellow River: A Chinese tale of ecological protection, high-quality development
BEIJING, Oct. 22, 2021 /PRNewswire/ -- Deemed China's "Mother River" and "the cradle of Chinese civilization," the Yellow River basin has seen remarkable improvements in its ecological environment over the last few years as the Chinese government attaches increasing importance to the conservation...
2021-10-22 00:14
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Choirock's "Mecard" Confirms Its Victory by Winning U.S. Federal Appeal Case Against Spin Master
SEOUL, South Korea and WASHINGTON, Oct. 19, 2021 /PRNewswire/ -- The toy brand Mecard, which is developed with proprietary and patented technology owned by Korean toy-content company Choirock Contents Company Co., Ltd. (CEO: Jong-il Choi), prevailed on an appeal case filed by Spin Master, Ltd., a...
2021-10-19 20:49
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