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Liberty Broadband Corporation Prices Upsized Private Offering of $750 Million of 1.25% Exchangeable Senior Debentures due 2050

Liberty Broadband Corporation Prices Upsized Private Offering of $750 Million of 1.25% Exchangeable Senior Debentures due 2050

ENGLEWOOD, Colo.–(BUSINESS WIRE)–
Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK) announced today that it has priced and agreed to sell to initial purchasers in an upsized private offering $750 million aggregate original principal amount of its 1.25% exchangeable senior debentures due 2050 (the “Debentures”) exchangeable for Charter Communications, Inc. (“Charter”) Class A common stock. Liberty Broadband has also granted the initial purchasers an option to purchase additional Debentures in an aggregate original principal amount of up to $75 million.

Upon an exchange of Debentures, Liberty Broadband, at its option, may deliver shares of Charter Class A common stock or the value thereof in cash or any combination of shares of Charter Class A common stock and cash. Initially, 1.1111 shares of Charter Class A common stock are attributable to each $1,000 original principal amount of Debentures, representing an initial exchange price of approximately $900.00 for each share of Charter Class A common stock. A total of approximately 833,325 shares of Charter Class A common stock are attributable to the Debentures (assuming the initial purchasers do not exercise their option to purchase additional Debentures). Interest will be payable quarterly on March 31, June 30, September 30 and December 31 of each year, commencing March 31, 2021. The Debentures may be redeemed by Liberty Broadband, in whole or in part, on or after October 5, 2023. Holders of Debentures also have the right to require Liberty Broadband to purchase their Debentures on October 5, 2023. The redemption and purchase price will generally equal 100% of the adjusted principal amount of the Debentures plus accrued and unpaid interest to the redemption date, plus any final period distribution.

The offering is expected to close on November 23, 2020, subject to the satisfaction of customary closing conditions.

Liberty Broadband intends to use the net proceeds of the offering for general corporate purposes, which may include the repayment of indebtedness and repurchases of shares of Liberty Broadband common stock.

The offering of the Debentures has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Debentures are being offered by means of an offering memorandum solely to “Qualified Institutional Buyers” pursuant to, and as that term is defined in, Rule 144A of the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Debentures nor shall there be any sale of Debentures in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.

Forward-Looking Statements

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the offering of Debentures and the use of proceeds therefrom. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, general market conditions. These forward-looking statements speak only as of the date of this press release, and Liberty Broadband expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Broadband’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Broadband, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, for risks and uncertainties related to Liberty Broadband which may affect the statements made in this press release.

About Liberty Broadband

Liberty Broadband Corporation’s (NASDAQ: LBRDA, LBRDK) businesses consist of its interest in Charter and its subsidiary Skyhook.

Liberty Broadband Corporation

Courtnee Chun, 720-875-5420

 

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: Technology Communications Telecommunications Public Relations/Investor Relations

MEDIA:

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Apple Announces Second Annual Apple Music Awards

Apple Announces Second Annual Apple Music Awards

Lil Baby wins top award of global Artist of the Year; Megan Thee Stallion, Taylor Swift, and Roddy Ricch also honored

CUPERTINO, Calif.–(BUSINESS WIRE)–
Apple® today announced the winners of the second annual Apple Music® Awards, recognizing the best and boldest musicians of 2020 and their enormous impact on global culture. The Apple Music Awards honor achievements in music across five distinct categories, and winners are chosen through a process that reflects both Apple Music’s editorial perspective and what customers around the world are loving most. The winners for global Artist of the Year, Songwriter of the Year, and Breakthrough Artist of the Year were hand-selected by Apple Music’s global editorial team of world-class experts and tastemakers, and the awards for Top Song of the Year and Top Album of the Year are based on streaming data that is reflective of what Apple Music subscribers have been listening to this year.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201118006174/en/

The second annual Apple Music Awards recognizes the best and boldest musicians of 2020. (Photo: Business Wire)

The second annual Apple Music Awards recognizes the best and boldest musicians of 2020. (Photo: Business Wire)

The Apple Music Awards celebration kicks off Monday, December 14, 2020, with a week of special performances, fan events, interviews, and more, streaming worldwide on Apple Music, Apple Music TV, and the Apple TV® app. Fans who are not already subscribed to Apple Music can sign up for a three-month free trial at apple.com/apple-music.

“The Apple Music Awards is our opportunity to recognize and honor the incredible artists who we feel have deeply impacted and inspired the world and our customers, and helped us feel connected through music this year,” said Oliver Schusser, Apple’s vice president of Apple Music and Beats®. “We have an exciting week of music planned in December and are very much looking forward to celebrating together with these artists and their fans.”

And the winners are…

Artist of the Year: Lil Baby

In 2020, Lil Baby fully arrived as one of hip-hop’s biggest names, with billions of global streams and multiple tracks from “My Turn” topping the Apple Music charts. With his deeply moving and timely release, “The Bigger Picture,” he cemented his place as the indisputable, authentic voice of youth culture. His performance of the track at Apple Music’s Rap Life Live event was in itself a standout moment of 2020. Lil Baby has been an intriguing voice since his debut mixtape in 2017 — but 2020 is the year he became an undeniable global star.

Lil Baby said: “This year has changed me a lot. Now that I’m an artist, I feel like my voice can get heard through my music and I needed to say something. And my fans listened. So thank you to my fans and thank you to Apple Music for giving me a special way to connect to my fans.”

Breakthrough Artist of the Year: Megan Thee Stallion

With two No. 1 singles and a highly anticipated debut album on the way, it is safe to say Houston rapper Megan Thee Stallion is owning 2020. Her collaboration with Cardi B on “WAP” and with Beyoncé on the “Savage” remix have collectively been played on Apple Music more than 300 million times globally. The Apple Music Up Next alum is experiencing the kind of breakthrough year that defines the distinction, and she is just getting started.

Megan Thee Stallion said: “I am so excited to be the Breakthrough Artist of the Year. This is a really big accomplishment for me. Apple Music has been rocking with me for so long, even before making me an Up Next artist, and I am just very appreciative and very grateful. I will forever love ya’ll as much as ya’ll love me.”

Songwriter of the Year: Taylor Swift

Taylor Swift is without a doubt one of music’s preeminent and most decorated songwriters, and “folklore” is no exception. Written and recorded in isolation during the first few months of the COVID-19 pandemic, “folklore”instantly topped the Apple Music albums chart and set the record for the most streamed pop album on release day. With its wistful third-person stories about love triangles, ghosts, and trauma, “folklore” is a lyrical masterpiece.

Taylor Swift said: “Winning Songwriter of the Year in any capacity in any year would be so exciting, but I think it’s really special this particular year because songwriting was the one thing that kept me connected to my fans. It means a lot to me because the way that fans respond to the songs I write, and the emotional exchange, is what has really kept me going this year. So I really want to say thank you to the fans for that, and to everyone at Apple Music, thank you for everything that you do.”

Top Song of the Year: “The Box” by Roddy Ricch

Roddy Ricch’s breakout, “The Box,” was the year’s biggest and most popular single, accumulating more than 460 million Apple Music streams worldwide to date, launching countless memes, and topping the charts for more weeks than any other song in 2020.

Top Album of the Year: “Please Excuse Me for Being Antisocial” by Roddy Ricch

Following the success of “The Box,” the Compton rapper’s debut album, “Please Excuse Me for Being Antisocial,” has run up more than 1.5 billion Apple Music streams worldwide since its release.

Roddy Ricch said: “My first phone was the iPhone®. It’s crazy making music could get me to the point where a platform like Apple could honor me or put me on a pedestal. I just appreciate Apple Music to the farthest extent. Winning this award motivates me to work even harder. This is confirmation that I am on the right track and doing what I gotta do to be the greatest in my own right.”

About the Apple Music Awards

Apple has designed a series of physical awards that represent the extraordinary craftsmanship integral to creating music. Each award features Apple’s custom silicon wafer suspended between a polished sheet of glass and a machined and anodized aluminum body. The result of this multi-month process, before it is sliced into hundreds of individual chips, is stunning and distinctive. In a symbolic gesture, the same chips that power the devices that put the world’s music at our fingertips sit at the very heart of the Apple Music Awards.

About Apple Music

Apple loves music. With iPod® and iTunes®, Apple revolutionized the music experience by putting a thousand songs in your pocket. Today, Apple Music takes this to the ultimate with over 70 million songs, thousands of playlists, and daily selections from the world’s best music experts, including all of the artists and hosts broadcasting daily across its Apple Music 1, Apple Music Hits, and Apple Music Country global live streams. Since 2015, Apple Music has welcomed tens of millions of subscribers in 167 countries. Streaming seamlessly to iPhone, iPad®, iPod®, Apple Watch®, Apple TV, Mac®, HomePod®, and CarPlay®, Apple Music is the most complete music experience on the planet. Apple Music is also available on popular smart TVs, smart speakers, Android and Windows devices, and more — as well as online at music.apple.com.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s five software platforms — iOS, iPadOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or call Apple’s Media Helpline at (408) 974-2042.

© 2020 Apple Inc. All rights reserved. Apple, the Apple logo, Apple Music, Apple TV, Beats, iPhone, iPod, iTunes, iPad, Apple Watch, Mac, HomePod, and CarPlay are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

Apple

Jessica Bass, (424) 326-7534

[email protected]

Brian Bumbery, (424) 326-4156

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Technology Entertainment Online Mobile Entertainment Software Audio/Video Internet Celebrity Music Consumer Electronics

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The second annual Apple Music Awards recognizes the best and boldest musicians of 2020. (Photo: Business Wire)
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Cloudera Announces Winners of the Annual Data Impact Awards

Winners exemplify innovation with outstanding data projects that deliver a substantial impact to their business and broader community

PR Newswire

SANTA CLARA, Calif., Nov. 18, 2020 /PRNewswire/ — Cloudera, (NYSE: CLDR), the enterprise data cloud company, today announced the winners of its annual Data Impact awards. Since 2013, the Data Impact Awards have recognized organizations whose data projects deliver substantial benefits to technology, science, health, lifestyle, and the community, across a wide variety of industries and geographies. Winners have been selected across eight different categories, including a new award recognizing a customer that has consistently achieved transformation of their business.

As the landscape continues to change and technologies such as data science, machine learning, predictive analytics, and AI continue to evolve, the world is becoming increasingly data driven. This shift will disrupt every industry, but will open the door to innovation. Problems that were previously seen as impossible to solve are now becoming easier to tackle in real-time with limitless amounts of data and an increased ability to harness it. The Data Impact Award winners show what can be accomplished when data powers decision making, leading to better business outcomes.

“Each of the winners brings to life the development and investment that we put into our products to show the world what is possible when the power of data is unlocked,” said Anupam Singh, chief customer officer at Cloudera. “Congratulations to all of the Data Impact Award winners for showcasing data-driven innovation, problem-solving and proven real-world impact.” 

Cloudera is proud to announce the 2020 Data Impact Awards winners:

  • Connect the Data Lifecycle: Globe Telecom – Raising experience standards and helping customers live enhanced mobile lifestyles
  • Data Champions: OVO (PT Visionet Internasional) – Using advanced, intelligent data analytics and machine learning to increase customer conversion rates
  • Data for Enterprise AI: Experian BIS – Improving the accuracy of commercial data aggregation with data science and machine learning
  • Enterprise Data Cloud: West Midlands Police – WMP public cloud data platform allows fast data insights and positive community interventions
  • Data Security & Governance: Merck KGaA, Darmstadt, Germany – Established a data governance framework with their data lake to discover, analyze, store, mine and govern relevant data
  • Industry Transformation: Telkomsel – Ingesting 25TB of data daily to provide advanced customer analytics in real-time
  • Data for Good: Rush University Medical Center – Built a data pipeline to give clinicians fast access to real-time patient data and prediction models in response to COVID-19
  • Data Impact Achievement: United Overseas Bank – Digital transformation to achieve increased revenues, higher productivity, lower risk and accelerated innovation

“It has been an absolute pleasure judging the Data Impact Awards this year. It is really reassuring to see across all of the nominees that companies are identifying clear paths to success, even in a difficult climate, when they are putting data at the heart of their transformation initiatives,” said Nick McQuire, Vice President, Enterprise Research, CCS Insight. “What stood out for me is the sheer level of transformation we are seeing across industries and across businesses – and at the heart of that is data. But the most important thing that stood out to me this year, was the level of business benefits we are now starting to see companies report with respect to their data projects.”

Nominations are evaluated by a panel of independent thought-leaders and expert industry analysts, who then select the finalists and winners. The winners exemplify the most-cutting edge data projects and represent innovation and leadership in their respective industries

To learn more about the winning use cases, visit the Cloudera blog here.

About Cloudera
At Cloudera, we believe that data can make what is impossible today, possible tomorrow. We empower people to transform complex data into clear and actionable insights. Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Powered by the relentless innovation of the open source community, Cloudera advances digital transformation for the world’s largest enterprises. Learn more at Cloudera.com.

Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Media Contact:

Madge Miller


[email protected]
 
+1 (888) 789-1488

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SOURCE Cloudera, Inc.

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JOYY INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages JOYY Inc. (YY) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Potential Securities Fraud

PR Newswire

SAN FRANCISCO, Nov. 18, 2020 /PRNewswire/ — Hagens Berman urges JOYY Inc. (NASDAQ: YY) investors with significant losses to submit your losses now. The firm is investigating possible securities law violations and certain investors may have valuable claims.

Relevant Holding Period: Before Nov. 18, 2020
Visit: www.hbsslaw.com/investor-fraud/JOYY
Contact An Attorney Now: [email protected]
                                             844-916-0895

JOYY Inc. (YY) Investigation:

The investigation centers on the accuracy of JOYY’s public statements concerning its component businesses and financial condition.

More specifically, on Nov. 18, 2020, Muddy Waters Capital published a scathing report, “YY: You Can’t Make This Stuff Up. Well…Actually You Can.”

According to the report, YY is a multibillion-dollar fraud, its component businesses are a fraction of the size it reports, and the company’s user metrics, revenues, and cash balances are mostly fraudulent.

Over the course of a year, Muddy Waters conducted a lengthy forensic study of JOYY and concludes approximately 84% of the company’s consolidated revenue appears fraudulent, and its YY Live, Bigo, and online dating service are substantially fraudulent.

This news sent the price of JOYY American Depositary Shares crashing lower on Nov. 18, 2020.

“We’re focused on investors’ losses and whether JOYY may have misled investors about its operations and financial results,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you are a JOYY investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding JOYY should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].


About Hagens Berman


Hagens Berman is a national law firm with nine offices in eight cities around the country, and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895

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SOURCE Hagens Berman Sobol Shapiro LLP

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Berkeley Lights Announces Pricing of Public Offering by Selling Stockholders

EMERYVILLE, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) — Berkeley Lights, Inc., a leader in Digital Cell Biology, today announced the pricing of its previously announced public offering of 3,000,000 shares of common stock to be sold by certain selling stockholders of Berkeley Lights at a public offering price of $86.00 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock. The offering is expected to close on or about November 23, 2020, subject to the satisfaction of customary closing conditions. The selling stockholders will receive all of the net proceeds from the offering. Berkeley Lights will not receive any proceeds from the offering.

J.P. Morgan, Morgan Stanley and Cowen are acting as lead book-running managers for the offering.

A registration statement relating to the shares being sold in this offering by the selling stockholders has been filed with the Securities and Exchange Commission and was declared effective on November 18, 2020. The offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, via telephone: +1 (866) 803-9204, or by emailing [email protected]; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; and Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, via telephone: +1 (833) 297-2926, or by emailing [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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 the registration or qualification under the securities laws of any such state or other jurisdiction.

About Berkeley Lights

Berkeley Lights is a leading Digital Cell Biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products for our customers. The Berkeley Lights Platform captures deep phenotypic, functional and genotypic information for thousands of single cells in parallel and can also deliver the live biology customers desire in the form of the best cells. Our platform is a fully integrated, end-to-end solution, comprising proprietary consumables, including our OptoSelect chips and reagent kits, advanced automation systems, and application software. We developed the Berkeley Lights Platform to provide the most advanced environment for rapid functional characterization of single cells at scale, the goal of which is to establish an industry standard for our customers throughout their cell-based product value chain.

Berkeley Lights’ Beacon and Lightning systems and Culture Station instrument are For Research Use Only. Not for use in diagnostic procedures.

Forward-Looking Statements

To the extent that statements contained in this press release are not descriptions of historical facts regarding Berkeley Lights, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding completion of the public offering that involve risks and uncertainties, including, without limitation, risks and uncertainties related to market conditions and the satisfaction of closing conditions related to the public offering. Such forward-looking statements involve substantial risks and uncertainties that relate to future events and the actual results could differ significantly from those expressed or implied by the forward-looking statements. Berkeley Lights undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties relating to the business of the Company in general, see the preliminary prospectus for this offering included as part of the Registration Statement on Form S-1 related to the offering filed with the SEC, and its future periodic reports to be filed with the SEC.

Press Contact

[email protected]

Investor Contact

[email protected]



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ROSEN, GLOBAL INVESTOR COUNSEL, Reminds BioMarin Pharmaceutical Inc. Investors of Important November 24 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm – BMRN

PR Newswire

NEW YORK, Nov. 18, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) between February 28, 2020 and August 18, 2020, inclusive (the “Class Period”), of the important November 24, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for BioMarin investors under the federal securities laws.

To join the BioMarin class action, go to http://www.rosenlegal.com/cases-register-1960.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) differences between the Phase 1/2 and Phase 3 study of valoctocogene roxaparvovec limited the reliability of the Phase 1/2 study to support valoctocogene roxaparvovec’s durability of effect; (2) as a result, it was foreseeable that the U.S. Food and Drug Administration would not approve the Biologics License Application for valoctocogene roxaparvovec without additional data; and (3) as a result, BioMarin’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 November 24, 2020. 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://www.rosenlegal.com/cases-register-1960.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

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 RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      [email protected]
      [email protected]
      www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.

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SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS FAF, RTX, TRQ, WFC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

NEW ORLEANS, Nov. 18, 2020 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits:


Turquoise Hill Resources Ltd. (TRQ


)


Class Period: 7/17/2018 – 7/31/2019
Lead Plaintiff Motion Deadline: December 14, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nyse-trq/


First American Financial Corp. (FAF)


Class Period: 2/17/2017 – 10/22/2020
Lead Plaintiff Motion Deadline: December 24, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nyse-faf/


Wells Fargo & Company (WFC)


Class Period: 10/13/2017 – 10/13/2020
Lead Plaintiff Motion Deadline: December 29, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nyse-wfc/   


Raytheon Technologies Corporation f/k/a Raytheon Company (RTX, RTN)


Class Period: 2/10/2016-10/27/2020
Lead Plaintiff Motion Deadline: December 29, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nyse-rtx/  

If you purchased shares of the above companies and would like to discuss your legal rights 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, via email ([email protected]), or via the case links above.

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

About
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163



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CITIGROUP INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Citigroup Inc. – C

NEW ORLEANS, Nov. 18, 2020 (GLOBE NEWSWIRE) — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Citigroup Inc. (NYSE: C).

On August 12, 2020, it was revealed that the Company had inadvertently wired $900 million of its own money to various lenders of Revlon Inc., seemingly intended as an interest payment from Revlon on a loan for which Citibank acts as an administrative agent, which it later referred to as “an operational mistake.” Then, on October 7, 2020, U.S. banking regulators announced a $400 million fine and other consent orders entered against the Company for “longstanding” risk management, data governance and internal controls deficiencies. Then, on October 13, 2020, the Company reported a 5% increase in expenses during the third quarter, to a total of $11 billion, due in part to additional costs related to regulatory fines, investments in infrastructure, and other remediation costs related to control deficiencies.

KSF’s investigation is focusing on whether Citigroup’s officers and/or directors breached their fiduciary duties to Citigroup’s shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Citigroup shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-c/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163



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SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS BMRN, BTU, CACC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

NEW ORLEANS, Nov. 18, 2020 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits:


BioMarin


Pharmaceutical Inc. (BMRN


)


Class Period: 2/28/2020 – 8/18/2020
Lead Plaintiff Motion Deadline: November 24, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nasdaqgs-bmrn/


Peabody Energy Corp. (BTU


)


Class Period: 4/3/2017 – 10/28/2019
Lead Plaintiff Motion Deadline: November 27, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nyse-btu/


Credit Acceptance Corporation (CACC)


Class Period: 11/1/2019 – 8/28/2020
Lead Plaintiff Motion Deadline: December 1, 2020
SECURITIES FRAUD
To learn more, visit https://www.ksfcounsel.com/cases/nasdaqgs-cacc/

If you purchased shares of the above companies and would like to discuss your legal rights 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, via email ([email protected]), or via the case links above.

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

About
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163



Posted on

Trina Solar and Tongwei Group Complete Joint Venture to Upgrade 210 Integrated Industrial Chain

PR Newswire

CHANGZHOU, China, Nov. 18, 2020 /PRNewswire/ — On November 17, 2020, Trina Solar, a leading global PV and smart energy solution provider, announced a joint venture agreement with global photovoltaic giant Tongwei.

The latest agreement will see Trina Solar collaborate with Tongwei subsidiary Sichuan Yongxiang Co., Ltd, to upgrade their 210 industrial series modules that will help secure a stronger supply chain ecosystem going forward.

Gao Jifan, Chairman of Trina Solar, said: “Joint ventures and cooperation among strong players, who complement each other as well as Trina Solar and Tongwei Group do, will always create great advantages.”

The partnership will see the two enterprises work together on four key project areas. The first includes a high-purity crystalline silicon project with an annual output of 40,000 tons, as well as an ingot project expected to produce an annual output of 15GW. There will be a wafer-cutting project with an annual output of 15GW, and a high-efficiency crystalline silicon cell project, also with an annual output of 15GW.

Total investment in the venture is estimated to be worth US$ 2.3 billion, with Trina Solar gaining a shareholding ratio of 35%, and the total registered capital contribution has been set at US$ 32 million.

Wu Qun, secretary of the board of directors of Trina Solar, said these major project investments are a key part of Trina Solar’s strategic development plan going forward.

“Trina Solar and Tongwei both have outstanding advantages in their roles for the industrial chain. They have reached a consensus on 210 series modules, and this cooperation will further strengthen our strategic partnership. Through the joint efforts of all industry partners, the 210-product industry chain has matured, and is now more conducive for deeper integration.”

By the end of 2021, Trina Solar plans to have a photovoltaic module production capacity of no less than 50GW, most of which will be at 210 module production capacities. In the future, the company will continue to strengthen its scale advantages of advanced module production capacity based on large-size cells.

As part of the agreement, Trina Solar will purchase approx. 72,000 tons of polysilicon products between January 2021 and December 2023 from a number of Tongwei Group subsidiaries including Sichuan Yongxiang Polysilicon Co., Ltd., Sichuan Yongxiang New Energy Co., Ltd., Inner Mongolia Tongwei High Purity Crystal Silicon Co., Ltd., and Yunnan Tongwei High Purity Crystal Silicon Co.

Ms. Chen Ye, Assistant Vice President of Procurement Supply Chain Management of Trina Solar, said: “Trina Solar and Tongwei have an excellent relationship and we are very pleased to deepen this cooperation further.”

“This long-term procurement will facilitate timely and effective responses to changes in the market, ensuring the long-term stability of Trina Solar’s supply chain, and will provide strong support for the production capacity of Vertex Series 210 ultra-high-power modules.”

Trina Solar’s collaboration with Tongwei Group follows the signing of further procurement deals by the company in recent weeks.

On November 2, Trina Solar signed a 20GW silicon wafer procurement contract with Wuxi Shangji Automation Co., Ltd., and on November 15 signed an 85 million square meter photovoltaic glass procurement contract with Changzhou Almaden Co., Ltd.


About Trina Solar

 

Founded in 1997, Trina Solar is the world leading PV and smart energy total solution provider. The company engages in PV products R&D, manufacture and sales; PV projects development, EPC, O&M; smart micro-grid and multi-energy complementary systems development and sales, as well as energy cloud-platform operation. In 2018, Trina Solar launched Energy IoT brand, established the Trina Energy IoT Industrial Development Alliance together with leading enterprises and research institutes in China and around the world, and founded the New Energy IoT Industrial Innovation Center. With these actions, Trina Solar is committed to working with its partners to build the energy IoT ecosystem and develop an innovation platform to explore New Energy IoT, as it strives to be a leader in global intelligent energy. For more information, please visit 

www.trinasolar.com

.
 

Cision View original content:http://www.prnewswire.com/news-releases/trina-solar-and-tongwei-group-complete-joint-venture-to-upgrade-210-integrated-industrial-chain-301176673.html

SOURCE Trina Solar Limited