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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Credit Suisse Group A.G. of Class Action Lawsuit and Upcoming Deadline – CS

NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group A.G. (“Credit Suisse” or the “Company”) (NYSE:CS) and certain of its officers.   The class action, filed in United States District Court, for the Southern District of New York, is on behalf of a class consisting of investors who purchased or otherwise acquired Credit Suisse’s American Depositary Receipts (“ADRs”) between March 20, 2015 and February 3, 2016, both dates inclusive (the “Class Period”), seeking to recover damages caused by defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Credit Suisse securities between March 20, 2015, and February 3, 2016, both dates inclusive, you have until February 20, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.  To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here to join this class action]

Credit Suisse is a Swiss multinational financial services holding company, with one of its four primary divisions focused on investment banking. Throughout the Class Period, Defendants repeatedly touted in SEC filings that Credit Suisse maintained “comprehensive risk management processes and sophisticated control systems” governing its investment operations. A notable component of the Bank’s risk management structure was its high-level Capital Allocation and Risk Management Committee (“CARMC”), which was responsible for, among other obligations, establishing and allocating appropriate trading and risk limits for the Bank’s various businesses. Significantly, Credit Suisse represented in its Class Period filings that the trading and risk limits set by the CARMC were “binding” on the Bank’s businesses and trading desks. In addition, only senior management had the authority to temporarily increase a divisional risk committee limit and, even in those cases, such authority was limited to an “approved percentage for a period not to exceed 90 days.”

Contrary to Defendants’ representations, however, Credit Suisse’s trading and risk limits were not actually binding, and were routinely increased to allow the Bank to accumulate billions of dollars in extremely risky, highly illiquid investments. Indeed, Defendants’ scheme enabled the Bank to surreptitiously accumulate nearly $3 billion in distressed debt and U.S. collateralized loan obligations (“CLOs”), which were notoriously difficult to liquidate and required significant capital investments. This outsized investment position—which was undisclosed to shareholders—violated Credit Suisse’s purported risk protocols and rendered the Bank highly susceptible to losses when credit markets contracted.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Credit Suisse’s risk protocols and control systems were routinely disregarded; (ii) Credit Suisse was amassing billions of dollars of risky, highly illiquid securities, in violation of those risk protocols; and (iii) as a result, Credit Suisse’s statements about Credit Suisse’s business, operations, and risk controls were false and misleading and/or lacked a reasonable basis.

By the beginning of 2016, with credit markets tightening, Defendants could no longer hide the truth. On February 4, 2016, Credit Suisse announced its Fourth Quarter and Full Year 2015 financial results, which included a massive $633 million write-down from the sale of the Bank’s outsized, illiquid distressed debt and CLO positions—an incredible loss that would swell to nearly $1 billion in the ensuing weeks. Even worse, Defendant Tidjane Thiam, Credit Suisse’s recently-appointed CEO, explicitly admitted that these risky and outsized investments were only allowed because trading limits were continuously raised, which enabled traders take larger and larger positions in violation of the Bank’s publicly-touted risk policies. In addition, Thiam acknowledged that Credit Suisse’s investment bank had acquired these securities over the years as it was “trying to generate revenue at all costs.”

In the wake of Credit Suisse’s revelations, the price of the Bank’s ADRs declined from a close of $16.69 on February 3, 2016 to a close of $14.89 on February 4, 2016—an 11% drop that wiped out approximately $230 million in market capitalization.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

/EIN News/ —

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com

Pomerantz Law Firm Announces the Filing of a Class Action against Advanced Micro Devices, Inc. and Certain Officers – AMD

NEW YORK, Jan. 16, 2018 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Advanced Micro Devices, Inc. (“AMD” or the “Company”) (NASDAQ:AMD) and certain of its officers.   The class action, filed in United States District Court, for the Northern District of California, and docketed under 18-cv-00321, is on behalf of a class consisting of investors who purchased or otherwise acquired the securities of AMD between February 21, 2017 and January 11, 2018, both dates inclusive (the “Class Period”). Plaintiff seeks to recover compensable damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder.

If you are a shareholder who purchased AMD securities between February 21, 2017, and January 11, 2018, both dates inclusive, you have until March 19, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and quantity of shares purchased. 

[Click here to join this class action]

Advanced Micro Devices, Inc. manufactures semiconductor products, which includes microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. The Company offers its products worldwide.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a fundamental security flaw in AMD’s processor chips renders them susceptible to hacking; and (ii) as a result, AMD’s public statements were materially false and misleading at all relevant times.

On January 3, 2018, media outlets reported that Google Project Zero’s security team had discovered serious security flaws affecting computer processors built by Intel Corporation, AMD and other chipmakers.  In a blog post, the Project Zero team stated that one of these security flaws—dubbed the “Spectre” vulnerability—allows third parties to gather passwords and other sensitive data from a system’s memory.  In response to the Project Zero team’s announcement, a spokesperson for AMD advised investors that while its own chips were vulnerable to one variant of Spectre, there was “near zero risk” that AMD chips were vulnerable to the second Spectre variant.

Then, on January 11, 2018, post-market, AMD issued a press release entitled “An Update on AMD Processor Security,” acknowledging that its chips were, in fact, susceptible to both variants of the Spectre security flaw. 

On this news, AMD’s share price fell $0.12 or 0.99%, to close at $12.02 on January 12, 2018.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

/EIN News/ — CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com

NV5 Acquires Utility Planning and Design Firm, Butsko Utility Design

/EIN News/ — HOLLYWOOD, Fla., Jan. 16, 2018 (GLOBE NEWSWIRE) — NV5 Global, Inc. (Nasdaq:NVEE) (“NV5” or the “Company”), a provider of professional and technical engineering and consulting solutions, announced today that it has acquired Butsko Utility Design, Inc. (“Butsko”), a leading provider of utility planning and design services. With annual revenues exceeding $5 million, Butsko serves both public and private sector clients through its offices in Southern California and Washington.  The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.

“NV5’s electrical and gas power group has shown exponential growth over the past two years,” said Dickerson Wright, Chairman and CEO of NV5.  “The acquisition of Butsko will provide additional leadership and technical resources to fuel our continued growth in meeting the increased demands for additional services by our clients. The acquisition is conducive to NV5’s strategy of growing a national platform serving utility companies and the building industry.”

“This is a significant and strategic opportunity for both our clients and our employees,” said Gregg Butsko, President of Butsko. “Our clients will have access to a broader service base allowing us to take on even larger and higher profile projects. Butsko and NV5 have a proven history of working together and we are excited about the synergy our combined firm will bring to our clients and industry in the future.”

About Butsko

Since 1994, Butsko has served clients in a variety of sectors, including master planned communities, commercial and industrial, shopping centers, corporate and commercial centers, academics, hospitality, government and state municipalities and agencies. Recent large-scale California projects include Playa Vista, a Los Angeles Master Planned Community, Mid Coast Light Rail, The San Diego Bayfront Master Plan, Victoria Gardens in Rancho Cucamonga, Southern California Logistics Airport, and Victorville Municipal Utility Services.

About NV5

NV5 Global, Inc. (NASDAQ:NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations nationwide and abroad in Macau, Shanghai, Hong Kong, and Vietnam. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Investor Relations Contact

NV5 Global, Inc.                                           
Jenna Carrick
Corporate Affairs Manager
Tel: +1-916-641-9124
Email: ir@nv5.com

Source: NV5 Global, Inc.

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The Klein Law Firm Notifies Shareholders of a Class Action Filed on Behalf of Syneos Health, Inc. (formerly INC Research Holdings, Inc.) Shareholders and a Lead Plaintiff Deadline of January 30, 2018 (INCR, SYNH)

NEW YORK, Jan. 15, 2018 (GLOBE NEWSWIRE) — The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Syneos Health, Inc. (NASDAQ:SYNH) (formerly known as INC Research Holdings, Inc. and trading on NASDAQ as INCR) who purchased shares between May 10, 2017 and November 9, 2017. The action, which was filed in the United States District Court for the Southern District of New York, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) the merger with inVentiv Health, Inc. (“inVentiv”) was not providing the benefit that defendants stated it would; (2) inVentiv was underperforming; (3) in turn, INCR’s 2017 financial performance would be negatively impacted; and (4) as a result, defendants’ statements about INCR’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Shareholders have until January 30, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sb/inc-research-holdings-inc?wire=3.

Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com 

/EIN News/ —

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Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Credit Suisse Group AG – CS

NEW YORK, Jan. 15, 2018 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Credit Suisse Group AG (NYSE:CS) from March 20, 2015 through February 3, 2016, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Credit Suisse investors under the federal securities laws.

To join the Credit Suisse class action, go to http://rosenlegal.com/cases-1260.html or call Phillip Kim, Esq. or Daniel Sadeh, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or dsadeh@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, during the Class Period defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Credit Suisse’s risk protocols and control systems were routinely disregarded; (2) Credit Suisse was amassing billions of dollars of risky, highly illiquid securities, in violation of those risk protocols; and (3) as a result, defendants’ statements about Credit Suisse’s business, operations, and risk controls were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 20, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://rosenlegal.com/cases-1260.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Daniel Sadeh, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or dsadeh@rosenlegal.com.

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. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

/EIN News/ — Contact Information:
      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      Daniel Sadeh, 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
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      dsadeh@rosenlegal.com
      www.rosenlegal.com

QUDIAN NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Qudian Inc. – QD

NEW YORK, Jan. 15, 2018 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Qudian Inc. (NYSE:QD) pursuant to and/or traceable to the Registration Statement and Prospectus issued in connection with Qudian’s initial public offering on or about October 18, 2017 (the “IPO”). The lawsuit seeks to recover damages for Qudian investors under the federal securities laws.

To join the Qudian class action, go to http://rosenlegal.com/cases-1255.html or call Phillip Kim, Esq. or Daniel Sadeh, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or dsadeh@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that (1) Qudian’s loan collection practices were materially deficient and/or nonexistent, as it treated bad loans as welfare; and (2) Qudian’s data systems and procedures were materially inadequate to safeguard sensitive borrower data against breach, and breaches had occurred. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 12, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://rosenlegal.com/cases-1255.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Daniel Sadeh, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or dsadeh@rosenlegal.com.

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. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

——————————-

/EIN News/ — Contact Information:
      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      Daniel Sadeh, 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
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      dsadeh@rosenlegal.com
      www.rosenlegal.com

Aqua Metals Notice: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Aqua Metals, Inc. – AQMS

NEW YORK, Jan. 15, 2018 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces that a class action lawsuit on behalf of purchasers of the securities of Aqua Metals, Inc. (NASDAQ:AQMS) from February 9, 2017 through November 9, 2017, inclusive (the “Class Period”) has been filed. The lawsuit seeks to recover damages for Aqua Metals investors under the federal securities laws.

To join the Aqua Metals class action, go to http://rosenlegal.com/cases-1257.html or call Phillip Kim, Esq. or Daniel Sadeh, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or dsadeh@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Aqua Metals’ lead recycling process using its AquaRefining technology to break and separate batteries was facing substantial obstacles due to AquaRefining’s need for a much higher degree of separation than is normal in the industry; (2) Aqua Metals’ breaking and separating process was not operating reliably or efficiently; (3) the breaking and separating issues were negatively impacting Aqua Metals’ output; (4) Aqua Metals’ four “operating modules” were being used primarily for experimentation rather than production; (5) module operators were assisting with lead removal; (6) as a result, the ramp up of Aqua Metals’ recycling process was being significantly hindered and delayed; and (7) consequently, defendants’ statements about Aqua Metals’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 13, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://rosenlegal.com/cases-1257.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Daniel Sadeh, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or dsadeh@rosenlegal.com.

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. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Daniel Sadeh, 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
lrosen@rosenlegal.com 
pkim@rosenlegal.com 
dsadeh@rosenlegal.com 
www.rosenlegal.com 

/EIN News/ —

PYPL LOSS ALERT: Rosen Law Firm Reminds PayPal Holdings, Inc. Investors of Important Deadline in Class Action – PYPL

NEW YORK, Jan. 15, 2018 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PayPal Holdings, Inc. (NASDAQ:PYPL) from February 14, 2017 through December 1, 2017, inclusive (the “Class Period”) of the important February 5, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for PayPal investors under the federal securities laws.

To join the PayPal class action, go to http://rosenlegal.com/cases-1251.html or call Phillip Kim, Esq. or Daniel Sadeh, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or dsadeh@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, during the Class Period defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the data security program of TIO Networks Corp., which PayPal had acquired by July 2017, was inadequate to safeguard the personally identifiable information of its users; (2) the foregoing vulnerabilities threatened continued operation of TIO’s platform; (3) PayPal revenue derived from its TIO services were therefore unsustainable; (4) as a result, PayPal had overstated the benefits of the TIO acquisition; and (5) consequently, PayPal’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 5, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://rosenlegal.com/cases-1251.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Daniel Sadeh, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or dsadseh@rosenlegal.com.

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. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

/EIN News/ —       Laurence Rosen, Esq.
      Phillip Kim, Esq.
      Daniel Sadeh, 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
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      dsadeh@rosenlegal.com
      www.rosenlegal.com

Drunk Driver Kills Three of Four Family Members

Southfield, MI (Law Firm Newswire) January 15, 2018 – An Austin teacher and three of his family members were killed in a car wreck allegedly caused by a drunk driver.

A media production and driver’s education teacher, his spouse and two children, were on a trip when an allegedly drunk driver struck their vehicle. The man’s wife and his 14-year-old son were killed instantly. The man made it to the hospital alive, but died several days later as a result of the injuries he sustained in the wreck. The man’s 10-year-old daughter suffered minor injuries in the collision.

As a result of this car accident, the family of the deceased may choose to file a wrongful death lawsuit to obtain compensation for medical expenses, funeral and burial costs, and financial support for the 10-year-old daughter.

“Losing your family unexpectedly can be extremely difficult and painful,” commented Daren Monroe, Litigation Funding Corporation representative. “Dealing with and resolving a claim can be exhausting and negotiating a settlement may only be half the battle.”

If the family chooses to file a wrongful death lawsuit and they are struggling with significant financial burden due to funeral and burial expenses, they may be able to seek monetary support through a lawsuit cash advance, also known as a “lawsuit loan” or pre-settlement funding.

“While Litigation Funding Corporation cannot bring back a loved family member; we are often able to help plaintiffs avoid financial struggles until their case is settled and compensation is received,” added Monroe.

Litigation funding is a cash advance that helps pay for life’s necessities (mortgage, rent, food, utilities, gas, car payments, medical expenses, transportation, etc.) during the long road to resolution. Unlike a traditional bank loan, personal credit has no bearing on the litigation funding decision, and the applicant does not need to be employed.

“We fund strictly on case strength and don’t require monthly payments,” explained Monroe. Litigation funding is non-recourse. “This means you are only responsible for paying back the lawsuit loan if you win your case. If the case fails, you do not repay the cash advance; it is completely excused.”

For further information or to find out if a case qualifies for litigation funding, call Litigation Funding Corporation at 1-866-548-3863

Litigation Funding Corporation
7115 Orchard Lake Rd, Ste 320
West Bloomfield, MI 48322
Call: 1.866.LIT.FUND

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Winners of the 2017 Steinberg Law Firm Book Scholarship Announced

Charleston, SC (Law Firm Newswire) January 15, 2018 – South Carolina’s Steinberg Law Firm, whose head office is based in Charleston, offers an annual book scholarship for high school students. The project is an ongoing part of the personal injury law firm’s long-time commitment to child literacy.

The scholarship is awarded on the basis of the strength of an essay submitted dealing with the topic of how an individual’s effort, rather than money, can make a difference. The essay must be between 350-700 words. Applicants must submit a certificate from their school confirming their eligibility to graduate the following spring.

Essay entries are accepted from students from September 1 until the November 3 deadline. The Steinberg Law Firm and The Royal Foundation then announce the winners of five $500.00 college book scholarships at the annual Charleston Youth Summit held in December of each year.

The annual Charleston Youth Summit was created under the auspices of the Mayor’s Youth Commission (MYC) after the 1999 shooting at Columbine High School. Its intention is to bring students together to talk about important concerns as a larger group and hold workshops geared toward issues youth deal with throughout the year.

“We are proud to support the education of students who are passionate about making a difference in their community,” says David Pearlman, an attorney with the Steinberg Law Firm. “Education is a cause especially close to our hearts. We believe it is the foundation for a brighter future for everyone.”

The winners of the 2107 Steinberg Law Firm Book Scholarship are:
* Nikole Rivers
* Malayna Mack
* Jada Orr
* Markez Coleman
* Makaila Jenkins

The Steinberg Law Firm congratulates every recipient of the 2017 Book Scholarship.

Winners of the 2017 Steinberg Law Firm Book Scholarship

For further information on the Steinberg Law Firm’s annual Book Scholarship contact: Yani Smith at
[email protected]

61 Broad St
Charleston, SC 29401
Phone: (843) 720-2800

118 S Goose Creek Blvd
Goose Creek, SC 29445
Phone: (843) 572-0700

103 Grandview Drive Suite A
Summerville, SC 29483
Phone: (843) 871-6522

Steinberg Law Firm Blog

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