Market Newsdesk

November 20, 2020 11:10 am

New Jersey Natural Gas Announces $10 Million Bill Credit

New Jersey Natural Gas Announces $10 Million Bill Credit

WALL, N.J.–(BUSINESS WIRE)–
New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR) today notified the New Jersey Board of Public Utilities (BPU) it will provide residential and small commercial customers with a bill credit totaling $10 million, effective December 1, 2020 through December 31, 2020. This one-time bill credit will save the average residential heating customer using approximately 158 therms $19.31, a decrease of 11.2% on their December bill.

“As we head into the winter months when the weather is typically colder and heating costs higher, we are pleased to provide this bill credit to our customers.” said Steve Westhoven, President and CEO of New Jersey Natural Gas. “We will continue to utilize our market expertise and work to manage costs and identify savings where possible. This is our commitment to our customers.”

NJNG is able to provide a bill credit at this time due to rate case refunds from interstate pipelines and lower natural gas prices. NJNG does not earn a return on the price of natural gas used to serve its customers. This bill credit does not affect NJNG’s profitability.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean, Morris, Middlesex and Burlington counties.
NJR Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of more than 350 megawatts, providing residential and commercial customers with low-carbon solutions.
NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
NJR Midstream serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Energy Center and the Adelphia Gateway Pipeline Project, as well as our 50 percent equity ownership in the Steckman Ridge natural gas storage facility, and our 20 percent equity interest in the PennEast Pipeline Project.
NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its more than 1,100 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®. For more information about NJR: www.njresources.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005582/en/

Media Contact:

Michael Kinney

732-938-1031

[email protected]

Investor Contact:

Dennis Puma

732-938-1229

[email protected]

KEYWORDS: New York New Jersey United States North America

INDUSTRY KEYWORDS: Family Consumer Utilities Oil/Gas Residential Building & Real Estate Energy Construction & Property

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November 20, 2020 11:08 am

Comerica Bank Donates $100,000 to Capuchin Soup Kitchen

Organization to feed over 1,300 metro Detroit families during its Holiday Food Drives

PR Newswire

DETROIT, Nov. 20, 2020 /PRNewswire/ — Comerica Bank today announced a $100,000 donation to longtime community partner Capuchin Soup Kitchen, a nonprofit organization that has served Detroit for more than 90 years with a mission to support and feed those most in need within the Detroit community. Comerica will support Capuchin Soup Kitchen and its programs for 2020/2021 in the following areas:

2020 Holiday Food Drives on Thanksgiving (November 23-24) and Christmas (December 16-17), providing food for approximately 1,300 households;
Operational expenses;
2021 Support Our Capuchin Kitchen (SOCK) Fundraiser; and
Financial education initiatives.

“We are proud to continue investing in Capuchin Soup Kitchen and its mission to serve individuals and families by meeting food security needs as well through social and emergency assistance,” said Mike Ritchie, Comerica Bank Michigan market president. “For over 90 years, the Capuchin Soup Kitchen has served a higher purpose through its outreach, vital to community wellness and sustainability. The inspirational efforts of the Capuchin Soup Kitchen during the pandemic exemplify its selfless commitment to others, and we look forward to assisting them in their mission.”

In September, Capuchin Soup Kitchen served as the first community partner for Comerica’s Detroit Lions 2020 First Down Program, which awarded the organization $2,500.

“The Capuchin Soup Kitchen is grateful for this partnership with Comerica Bank,” said Brother Jerry Johnson, Capuchin Soup Kitchen executive director. “The support Comerica has given us over many years has helped alleviate suffering in our community, and it speaks to how partnering and teamwork can help make a positive difference in the lives of those who struggle with poverty, homelessness, addiction and other challenges. With these funds, we’ll be able to provide 30-pound pantry food boxes to approximately 1,300 households on Thanksgiving and Christmas as well as provide other operational support to continue our programs and services.”

Comerica is committed to supporting communities and businesses throughout Michigan. Comerica Bank and Comerica Charitable Foundation have invested $4 million in community programming and businesses throughout the state during the COVID-19 pandemic, and Comerica’s partnership with Capuchin Soup Kitchen is a part the bank’s community commitment. These investments have aided small and micro businesses and assisted community service organizations providing support and resources to youth, seniors and other vulnerable populations.

About Comerica Bank

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $83.6 billion at Sept. 30, 2020.

About Capuchin Soup Kitchen

Founded in 1929, the Capuchin Soup Kitchen serves Metro Detroit by providing food, clothing, and human development programs to the people of its community. In addition to preparing and serving meals at two soup kitchen locations, it operates a shower program, emergency food pantry, and an after-school program for children. It also distributes household items and clothing. Its Earthworks Urban Farm harvests six tons of produce from a one-and-a-half-acre USDA-certified organic farm, while sharing knowledge on sustainable relationships between human beings and the earth. The Capuchin Soup Kitchen’s On the Rise Bakery residential training program affords workforce development and skills training for formerly-incarcerated citizens. In addition, the Capuchin Soup Kitchen’s Jefferson House – a twelve-bed residential substance use disorder treatment facility – assists men seeking to reclaim their lives from addiction. CSKDetroit.org

The Capuchin Soup Kitchen is a ministry of the Province of St. Joseph of the Capuchin Order, headquartered in Detroit, with ministries in Michigan, Wisconsin, Illinois and Montana. The Capuchins are funded primarily by donations. theCapuchins.org

View original content to download multimedia:http://www.prnewswire.com/news-releases/comerica-bank-donates-100-000-to-capuchin-soup-kitchen-301178133.html

SOURCE Comerica Bank

November 20, 2020 11:07 am

Moore Kuehn Encourages DNKN, HDS, CEIX and UROV Investors to Contact Law Firm

NEW YORK, Nov. 20, 2020 (GLOBE NEWSWIRE) — Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may ultimately seek increased consideration, additional disclosures, or other relief and benefits on behalf of the shareholders of these companies:

Dunkin’ Brands Group, Inc.

(NASDAQ: DNKN)

A tender offer expiring on December 15^th was commenced by Inspire Brands to acquire Dunkin’ Brands Group for $106.05 per share. The solicitation statements filed with the SEC in support of the acquisition may omit material information regarding the financial metrics and analyses used to evaluate the merger.

HD Supply Holdings, Inc.

(

NASDAQ:

HDS

)

HD Supply has agreed to be acquired by The Home Depot. Under the proposed transaction, HD Supply shareholders will receive $56.00 in cash per share.

CONSOL Energy Inc.

(

NYSE

:

CEIX

)

A registration statement was recently filed with the SEC regarding CONSOL Energy’s acquisition of CONSOL Coal Resources. Under the proposed transaction, CONSOL Energy will acquire outstanding CONSOL Coal common units at a fixed exchange ratio of 0.73 shares of CONSOL Energy common stock. The investigation concerns whether CONSOL Energy’s board oversaw an unfair process and ultimately agreed to an inadequate price.

Urovant Sciences Ltd.

(

NASDAQ:

UROV

)

Urovant Sciences has agreed to be acquired by Sumitovant Biopharma. Under the proposed transaction, Urovant shareholders will receive $16.25 in cash per share.

Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.

Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at [email protected] or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

Moore Kuehn is a 5-star New York City-based law firm with attorneys representing investors and consumers in class action litigation involving securities law violations, financial fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please go to http://www.moorekuehn.com/practice/new-york-securities-litigation/.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8^th Floor
New York, New York 10005
[email protected]
(212) 709-8245

November 20, 2020 11:03 am

JLL Hires Chief Product Officer to Lead JLL Technologies

Dell Technologies, Cisco and Bain & Company alum Sharad Rastogi to drive JLL Technologies’ product portfolio and generate ROI for clients

PR Newswire

SAN FRANCISCO, Nov. 20, 2020 /PRNewswire/ — JLL (NYSE: JLL) today announced the hire of Chief Product Officer Sharad Rastogi to lead JLL Technologies (JLLT). Based in San Francisco, Rastogi will lead product strategy and engineering execution of JLLT’s revenue-generating technology offerings, helping to unlock data-driven insights and experiences, while improving the efficiency and ROI of clients’ real estate portfolios.

“Sharad Rastogi brings impressive tech visionary credentials with a background in growing billion-dollar businesses,” said Mihir Shah, co-CEO at JLLT. “His expertise will be immensely valuable in charting the course of our technology offerings and driving results for clients.”

Rastogi is a global technology executive with a proven track record of transforming businesses and increasing shareholder value across a broad range of leadership roles. Before JLLT, he was responsible for a diverse portfolio of software and appliances as chief product officer and SVP of Dell Technologies’ $3 billion-plus Data Protection Division. Prior to that, Rastogi held senior roles in general management, products, marketing, corporate development and strategy at leading companies including Cisco, JDSU, Avid and Bain. He is also an adviser to Boston University’s College of Engineering.

Rastogi holds an MBA from the Wharton School at the University of Pennsylvania, a master’s degree in manufacturing engineering from Boston University, and a bachelor’s degree in mechanical engineering from the Indian Institute of Technology in New Delhi.

“Technology’s evolution and rapid acceleration have laid the foundation for building powerful solutions that solve the real-world problems facing commercial real estate today,” said Rastogi. “With its technology expertise, high-quality data and strong client relationships, JLLT is well positioned to succeed in this space.”

JLLT is a first-of-its-kind team that combines commercial real estate experts with world-class technologists to deliver solutions that transform the way organizations acquire, manage, operate and experience space.

To learn more about JLLT and hear from Rastogi, listen to the recent webinar “Decoding the impact of technology on CRE strategy & operations.”

About JLL Technologies

JLL Technologies (JLLT) is a division of JLL, a world leader in real estate services, that helps organizations transform the way they acquire, operate, manage, and experience space. JLLT is a first-of-its-kind team combining builders of high-growth tech companies and commercial real estate experts. Its comprehensive technology portfolio of purpose-built solutions and leading venture-backed companies exceed industry demands for better business intelligence, workplace experience and smart building platforms. Learn more at www.jllt.com.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Connect with us
https://www.instagram.com/jll
https://www.facebook.com/jll
https://twitter.com/jll

Contact: Laurel Cifala
Email: [email protected]

View original content to download multimedia:http://www.prnewswire.com/news-releases/jll-hires-chief-product-officer-to-lead-jll-technologies-301177676.html

SOURCE JLL

November 20, 2020 11:03 am

ACCO Brands Corporation Announces Participation in BofA Securities Leveraged Finance Conference

ACCO Brands Corporation Announces Participation in BofA Securities Leveraged Finance Conference

LAKE ZURICH, Ill.–(BUSINESS WIRE)–
ACCO Brands Corporation (NYSE: ACCO) today announced that its management will participate in BofA’s 2020 Leveraged Finance Virtual Conference. The company’s presentation will be in the form of a fireside chat to be held on November 30 at 10:30 a.m. EST.

The fireside chat will be webcast and will be accessible through the Investor Relations section of www.accobrands.com or through the following link: http://www.veracast.com/webcasts/bofa/levfin2020/id58105254547.cfm. A webcast replay will be available within 24 hours of the live event and will expire on March 2, 2021.

About ACCO Brands Corporation

ACCO Brands Corporation (NYSE: ACCO) is one of the world’s largest designers, marketers and manufacturers of branded academic, consumer and business products. Our widely recognized brands include Artline®, AT-A-GLANCE®, Barrilito®, Derwent®, Esselte®, Five Star®, Foroni®, GBC®, Hilroy®, Kensington®, Leitz®, Mead®, Quartet®, Rapid®, Rexel®, Swingline®, Tilibra®, Wilson Jones® and many others. Our products are sold in more than 100 countries around the world. More information about ACCO Brands, the Home of Great Brands Built by Great People, can be found at www.accobrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005445/en/

Christine Hanneman

Investor Relations

(847) 796-4320

Julie McEwan

Media Relations

(937) 974-8162

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Professional Services Retail Other Retail Manufacturing Finance Other Manufacturing

MEDIA:

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November 20, 2020 11:03 am

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Garrett Motion Inc. (GTX, GTXMQ)

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Garrett Motion Inc. (GTX, GTXMQ)

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming November 24, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Garrett Motion Inc. (“Garrett” or the “Company”) (NYSE: GTX, OTC: GTXMQ) securities between October 1, 2018 and September 18, 2020, inclusive (the “Class Period”).

If you are a shareholder who suffered a loss, click here to participate.

On August 26, 2020, before the market opened, the Company disclosed that its “leveraged capital structure poses significant challenges to its overall strategic and financial flexibility and may impair its ability to gain or hold market share in the highly competitive automotive supply market, thereby putting Garrett at a meaningful disadvantage relative to its peers.” The Company further stated that its “high leverage is exacerbated by significant claims asserted by Honeywell against certain Garrett subsidiaries under the disputed subordinated asbestos indemnity and the tax matters agreement.”

On this news, Garrett’s share price fell $3.04, or 44%, to close at $3.84 per share on August 26, 2020, thereby damaging investors.

On Sunday, September 20, 2020, Garrett announced that it had filed for Chapter 11 bankruptcy.

On Monday, September 21, 2020, the New York Stock Exchange (“NYSE”) announced that it would commence proceedings to delist Garrett’s stock from the NYSE after the Company’s disclosure that it had filed for bankruptcy.

On this news, Garrett’s stock began trading over-the-counter and closed at $1.76 per share on September 22, 2020, a 12% decline from the closing price on September 18, 2020.

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that, due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with an unsustainable level of debt; (2) that, as a result, Garrett had a highly leveraged capital structure that posed significant challenges to its overall strategic and financial flexibility; (3) that, as a result of the foregoing, Garrett’s ability to gain or hold market share was impaired; (4) that, as a result of the foregoing, the Company was reasonably likely to seek bankruptcy protection; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired Garrett securities during the Class Period, you may move the Court no later than November 24, 2020 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005235/en/

The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

[email protected]

www.frankcruzlaw.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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November 20, 2020 11:03 am

Exchange Bank Declares Fourth Quarter Cash Dividend

Exchange Bank Declares Fourth Quarter Cash Dividend

SANTA ROSA, Calif.–(BUSINESS WIRE)–
On November 17, 2020, the Exchange Bank (OTC: EXSR) Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on November 27, 2020. The dividend is payable December 11, 2020. The cash dividend is unchanged from the prior quarter’s dividend of $1.20 per share. The dividend has increased from $1.15 per share during the similar quarter ending December 31, 2019, an increase of 4.35%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201120005206/en/

Exchange Bank main office in downtown Santa Rosa (545 Fourth Street) (Photo: Business Wire)

50.44% of the Bank’s cash dividend goes to the Doyle Trust which funds the Doyle Scholarships at the Santa Rosa Junior College.

FORWARD-LOOKING INFORMATION:

The following appears in accordance with the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors — many of which are beyond the Company’s control — could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.

About Exchange Bank

Headquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $3 billion. Exchange Bank provides a wide range of personal, commercial and trust and investment services with 18 branches in Sonoma County and a commercial branch in Roseville, California. The Bank’s legacy of financial leadership and community support is grounded in its core values of Commitment, Respect, Integrity and Teamwork.

Exchange Bank is a 15-time winner of the North Bay Business Journal’s (NBBJ) Best Places to Work survey, a recipient of the 2020 North Bay Community Philanthropy Award and the 2019 Healthiest Companies in the North Bay Award. NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank. The Petaluma People’s Choice Awards named Exchange Bank the Best Local Bank and the North Bay Bohemian’s Best of 2019 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank. Exchange Bank can also be found in the NBBJ’s Book of Lists as a leading lender and wealth management advisor—claiming the #1 position in SBA 7(a) lending in Sonoma County for 2020. www.exchangebank.com.

Member FDIC — Equal Housing Lender — Equal Opportunity Employer

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005206/en/

Greg Jahn

EVP, Chief Financial Officer

Exchange Bank

(707) 524-3218

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Professional Services Education Other Professional Services Finance Other Education Banking

MEDIA:

Photo

Exchange Bank main office in downtown Santa Rosa (545 Fourth Street) (Photo: Business Wire)

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November 20, 2020 11:03 am

AppDynamics Featured as an Application Performance Monitoring Partner in the Microsoft Cloud Adoption Framework for Azure

AppDynamics Featured as an Application Performance Monitoring Partner in the Microsoft Cloud Adoption Framework for Azure

Enterprises Can Now Accelerate Their Cloud Adoption Journeys with AppDynamics in Azure Environments

SAN FRANCISCO–(BUSINESS WIRE)–AppDynamics, a part of Cisco and the world’s #1 APM solution and full-stack, business-centric observability platform, today announced its listing on Microsoft’s Cloud Adoption Framework (CAF) for Azure customers. The Cloud Adoption Framework brings together cloud adoption best practices and preferred solutions to help shape technology and business strategies for enterprises throughout their cloud adoption journeys. With AppDynamics’ monitoring solutions, enterprises building modern cloud applications or migrating their existing applications to Azure environments will be able to do so with immense confidence by gaining business-critical insights and visibility.

Technologists are adopting cloud services faster than ever before in response to the global COVID-19 pandemic and the increased pressure to digitally transform their businesses with speed and agility. This increased demand to deliver flawless digital experiences means that any disruption to the end user experience—whether that be customer or employee—presents a risk of frustration and disappointment, which can ultimately impact brand reputation.

Measuring and quantifying application and business outcomes is a crucial part of any cloud adoption strategy. However, accurately measuring the correlation between application performance, user experience, and business impact without a strategic partner is often difficult, inaccurate, and time consuming. With AppDynamics, users gain invaluable insights into key cloud migration business use cases such as pre to post-migration comparison, business health, release validation, segment health, user journeys, business journeys, and conversion funnels.

“Businesses accelerating their digital transformation, especially in response to the pandemic, need a strong cloud environment to support their development without disruption, which is where the power of AppDynamics and Microsoft Azure comes in,” said Vipul Shah, chief product officer, AppDynamics. “AppDynamics’ inclusion in Microsoft’s CAF enforces our shared mission for seamless cloud adoption for enterprise organizations.”

With AppDynamics, Azure users can achieve the following:

Migrate applications to Azure 30%+ faster with automatically generated application topology maps, business correlation, resource utilization tracking, and the ability to compare pre- and post-migration benefits.
Monitor Azure-based applications including microservices, Kubernetes clusters, and serverless implementations.
Optimize applications in Azure with business performance monitoring for clear, understandable correlations between the quality of performance with the end users’ experiences for speedy MTTR.

“Enterprise organizations are migrating to the cloud faster than ever, and the stakes have never been higher,” said John Nisi, general manager, US Cloud, Microsoft Corp. “AppDynamics provides a powerful, easy-to-use platform and business performance monitoring solution designed for complex, distributed architectures. Our Cloud Adoption Framework features a mixture of 1^st and 3^rd party solutions to help Microsoft Azure customers de-risk and accelerate their cloud adoption journeys.”

Learn more about AppDynamics partnership with Microsoft Azure and AppDynamics’ listing on the Cloud Adoption Framework here.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

About AppDynamics

AppDynamics, a part of Cisco, is the world’s #1 Application Performance Monitoring (APM) solution and AIOps platform. AppDynamics is a full-stack, business centric observability platform that helps technologists prevent digital performance issues by monitoring cloud-native technologies and traditional infrastructure to understand exactly what drives user experiences and impacts the bottom line for businesses. Core products include: Business iQ, Experience Journey Map, and Cognition Engine.

AppDynamics has been recognized by Gartner as a leader in the APM market for more than eight years and was positioned highest in ‘ability to execute’ in Gartner’s 2020 Magic Quadrant Report for APM. It received Glassdoor’s 2019 Best Places to Work Award and Fortune’s top 5 Best Places to Work in 2020 as part of Cisco.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005191/en/

Abby McAdams

AppDynamics PR

[email protected]

KEYWORDS: California United States United Kingdom Australia/Oceania Australia New Zealand Ireland North America Canada Europe

INDUSTRY KEYWORDS: Networks Security Data Management Technology Software

MEDIA:

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November 20, 2020 11:03 am

DEADLINE ALERT for HPQ, ICPT, and NVCN: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

LOS ANGELES, Nov. 20, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected].

HP Inc. (NYSE: HPQ)
Class Period: November 6, 2015 – June 21, 2016
Lead Plaintiff Deadline: January 4, 2021

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose: (1) that HP’s channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; (2) that HP’s channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; (3) that HP’s channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP’s inventory management metrics; and (4) that, as a result of the foregoing, defendants’ statements about the Company’s business condition and prospects were materially false and misleading when made.

Intercept Pharmaceuticals, Inc. (NASDAQ: ICPT)
Class Period: September 28, 2019 – October 7, 2020
Lead Plaintiff Deadline: January 4, 2021

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Defendants downplayed the true scope and severity of safety concerns associated with Ocaliva’s use in treating PBC; (2) the foregoing increased the likelihood of an FDA investigation into Ocaliva’s development, thereby jeopardizing Ocaliva’s continued marketability and the sustainability of its sales; (3) any purported benefits associated with OCA’s efficacy in treating NASH were outweighed by the risks of its use; (4) as a result, the FDA was unlikely to approve the Company’s NDA for OCA in treating patients with liver fibrosis due to NASH; and (5) as a result of all the foregoing, the Company’s public statements were materially false and misleading at all relevant times.

Neovasc
Inc. (NASDAQ: NVCN)
Class Period: November 1, 2019 – October 27, 2020
Lead Plaintiff Deadline: January 5, 2021

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the results of COSIRA, Neovasc’s clinical study for the Reducer, contained imbalances in missing information present in the control group versus the treatment group, including significant missing information for secondary endpoints but none for the primary endpoint; (2) that the imbalance in missing information indicated that control subjects were aware of their treatment assignment (not blinded) and less inclined to participate in additional data collection; (3) that blinding is critical when studying a placebo-responsive condition such as angina; (4) that the lack of blinding assessment made the primary endpoint difficult to interpret; (5) that, as a result of the foregoing, the FDA was reasonably likely to require additional premarket clinical data; (6) that, as a result, the Company’s PMA for Reducer was unlikely to be approved without additional clinical data; and (7) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

November 20, 2020 11:03 am

DEADLINE ALERT for TILE and BABA: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Interface, Inc. (NASDAQ: TILE)
Class Period: March 2, 2018 – September 28, 2020
Lead Plaintiff Deadline: January 11, 2021

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (2) consequently, Interface, inter alia, reported artificially inflated income and EPS in 2015 and 2016; (3) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Alibaba Group Holding Limited (NYSE: BABA)
Class Period: October 21, 2020 – November 3, 2020
Lead Plaintiff Deadline: January 12, 2021

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Ant Group did not meet listing qualifications or disclosure requirements for certain material matters; (2) that certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (3) that, as a result of the foregoing, Ant Group’s IPO was reasonably likely to be suspended; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com