Policy & Public Interest
MEGA Notes Personal Statement Issued by Mathias Ortmann and Bram van der Kolk
AUCKLAND, New Zealand, May 10, 2022 /PRNewswire/ -- Mega Limited notes that Mathias Ortmann and Bram van der Kolk have issued the following personal statement: Press Statement by Mathias Ortmann and Bram van der Kolk It has been over 10 years now since the United States of America first request...
Cloopen Announced Formation of Independent Special Committee for Internal Investigation
BEIJING, May 3, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it has formed an independent special committee to investigate certain employee misconduct and transaction irregularities. The Company's Board of Directors (the "Board...
Maxeon Solar Technologies and Canadian Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit
SINGAPORE, April 20, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ:MAXN) and Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) announced today that the companies have reached a settlement agreement resolving a patent infringement lawsuit inTokyo District Court, Japan...
Saudi Arabia reopens visa on arrival for US, UK and Schengen visa holders
* Returns Saudi to pre-pandemic levels of openness * Visa-on-arrival available for citizens of countries eligible for e-visa * No proof of vaccination or PCR test required for entry * Quarantine requirement eliminated RIYADH, Saudi Arabia, March 25, 2022 /PRNewswire/ -- The Saudi Arabian go...
Spin Master Wins Landmark IP Protection Victories in China
TORONTO, March 16, 2022 /PRNewswire/ -- Spin Master Corp. (TSX: TOY) ( www.spinmaster.com), a leading global children's entertainment today announced several landmark IP protection case wins. The victories are a positive sign of China's commitment to tackle counterfeiting and IP infringement in the...
Multiple Arrests Made on Suspicion of Importing Livestock Products into Japan by International Parcels
YOKOHAMA, Japan, March 11, 2022 /PRNewswire/ -- During the period from February 28 to March 1, 2022, several suspects were arrested for attempting illegal import of livestock products using international parcels. For the full multimedia release, click here: https://www.prnasia.com/mnr/aqstc_2022...
Hong Kong Arbitration Society Launches a Brand-New AI Online Arbitration System to Resolve Disputes During the Pandemic
HONG KONG, Feb. 25, 2022 /PRNewswire/ -- Hong Kong Arbitration Society (HKAS) has recently launched an updated arbitration platform with new interfaces which are of simplified and more user-friendly designs. Users can first click and learn more about the procedure and fees of arbitration on the f...
CHINA EVERGRANDE GROUP: International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group
International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group BERLIN, Feb. 23, 2022 /PRNewswire/ -- For months, China Evergrande Group has been teetering on the brink of insolvency. On several occasions,China's second-largest real estate develop...
SSEK Law Firm Represents Another Bankoh Customer in Six-Figure Northstar Financial Services (Bermuda) Claim
HOUSTON, Feb. 23, 2022 /PRNewswire/ -- Another investor in Japan has filed a FINRA arbitration claim against Bankoh Investment Services over her Northstar Financial Services (Bermuda) losses. This time, the claimant is a small business owner who lives in Tokyo but had accounts in the U.S. with ...
Ericsson: Update: Iraq media inquiries
STOCKHOLM, Feb. 16, 2022 /PRNewswire/ -- In the past week, Ericsson (NASDAQ: ERIC), has continued to receive detailed media inquiries from Swedish and international news outlets. Their interest pertains to information detailed in a 2019 internal investigation by the company, on conduct inIraq. ...
Ericsson: Comment regarding recent media inquiries
STOCKHOLM, Feb. 8, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has received questions from media regarding past compliance related matters inIraq. It appears media will focus on the conduct of business in unstable regions where terrorist organizations and corruption are present and employees' sa...
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 ...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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