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NKLA ALERT: Nationally Ranked Litigation Firm Labaton Sucharow Announces Investigation of Nikola Corporation (NASDAQ: NKLA) After Reports of SEC and Justice Department Inquiries

NKLA ALERT: Nationally Ranked Litigation Firm Labaton Sucharow Announces Investigation of Nikola Corporation (NASDAQ: NKLA) After Reports of SEC and Justice Department Inquiries

NEW YORK–(BUSINESS WIRE)–
Labaton Sucharow, a nationally ranked securities litigation firm, is investigating whether Nikola Corporation (NASDAQ:NKLA) and certain of its executives may be liable for securities fraud. If you purchased or acquired stock, options and/or derivatives of Nikola and have questions about your legal rights or possess information relevant to this matter, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected].

Before the markets opened on September 10, 2020, analyst Hindenburg Research published a scathing report calling Nikola “an intricate fraud built on dozens of lies.” Hindenburg wrote that it “gathered extensive evidence-including recorded phone calls, text messages, private emails, and behind-the-scenes photographs-detailing dozens of false statements by Nikola Founder Trevor Milton. We have never seen this level of deception at a public company, especially of this size.” Hindenburg asserts that Nikola has misled investors concerning, among other things, its battery and hydrogen fuel cell claims, as well as its purported “multi-billion-dollar order book,” which Hindenburg asserts is “filled with fluff.” On this news, shares opened down approximately 9% from their September 9, 2020 closing price.

On September 15, 2020, the Wall Street Journal reported that the US Department of Justice has been making inquiries into claims levelled against truckmaker start-up Nikola in a short seller’s report, said people familiar with the conversations. The US Attorney’s Office for the Southern District of New York is interested in the report by Hindenburg Research, which said the electric vehicle maker misrepresented its proprietary technology and called the business an “intricate fraud”.

If you are a former or current stockholder, derivative, or options holder of Nikola and wish to learn more or discuss the issues surrounding the investigation, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected].

About the Firm

Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.

David J. Schwartz

(800) 321-0476

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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Harris Williams Advises Truco Enterprises on Its Pending Sale to Utz Brands, Inc.

Harris Williams Advises Truco Enterprises on Its Pending Sale to Utz Brands, Inc.

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Truco Enterprises (Truco), a portfolio company of Insignia Capital Group (Insignia), on its pending sale to Utz Brands, Inc. (NYSE: UTZ; Utz). Truco is a leading maker of tortilla chips, salsa and queso sold under the On The Border® (OTB) brand. The transaction is being led by Tim Alexander, Ryan Freeman, Zach England, Thomas DeMinico and David Stead of the Harris Williams Consumer Group.

“There is strong consumer demand in the snacking sector and Truco’s market share, performance and brand positioning within its product categories were key drivers of interest in the business,” said Tim Alexander, a managing director at Harris Williams. “Truco has found a fantastic partner in Utz and we look forward to seeing how the brand will evolve under new ownership.”

“It was a pleasure working with the teams at Truco and Insignia on this transaction, and we are excited to add to our strong track record of deals in the food and beverage sector,” added Ryan Freeman, a managing director at Harris Williams.

Founded in Dallas in 1991, Truco is a leading developer and marketer of tortilla chips, salsa and queso under the OTB® brand. The company’s products are sold nationally through grocery retailers, club stores and mass merchandisers. Truco is the exclusive licensee of the OTB® brand for food products sold through retail. Truco is a portfolio company of Insignia.

Insignia is a San Francisco Bay Area private equity firm focused on middle market companies. Insignia partners with company founders and management teams to help drive growth and achieve true business potential. The firm’s principals have significant experience building businesses across a range of industries including consumer and business services.

Utz manufactures a diverse portfolio of savory snacks under popular brands including Utz, Zapp’s, Golden Flake, Good Health, Boulder Canyon, Hawaiian Brand and Tortiyahs!, among others. After nearly a century with strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz’s products are distributed nationally and internationally through grocery, mass merchant, club, convenience, drug and other channels. Based in Hanover, Pennsylvania, Utz operates fourteen facilities located in Pennsylvania, Alabama, Arizona, Illinois, Indiana, Louisiana, Washington and Massachusetts.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across industry groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams Consumer Group has completed more than 60 transactions in recent years across a variety of verticals, including branded consumer products; consumer services; food, beverage and agribusiness; and restaurant and retail. For more information on the Harris Williams Consumer Group and other recent transactions, visit the Consumer Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: [email protected]). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

For media inquiries, please contact Julia Moore at [email protected].

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Retail Professional Services Food/Beverage Finance

MEDIA:

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Zyter Introduces Mobile App and Portal for Healthcare Payers to Enhance Member Experience During COVID-19 Pandemic

Self Service Member Access Helps Relieve Pressure on Overwhelmed Call Centers

Rockville, Maryland, Nov. 12, 2020 (GLOBE NEWSWIRE) — Zyter®, a leading digital health and IoT-enablement platform, announced today the availability of Zyter Member Engagement™, a secure mobile application and optional member portal designed to deliver a more satisfying member experience for healthcare payer organizations.

 

Zyter Member Engagement is HIPAA-compliant and provides healthcare plan members with a wealth of features and functionality to more easily and efficiently manage their health and their plan remotely. During the COVID-19 pandemic, many members have questions about their plan, coverage, medications, test results and other aspects of their health. With healthcare payer call centers already overwhelmed with COVID-19, Zyter Member Engagement provides a self-service option for plan members to quickly and conveniently obtain the information they need, freeing resources for other tasks. 

 

Supported by the Zyter Digital Health Platform, Zyter Member Engagement provides the fast responsiveness, attractive and user-friendly interface, intuitive navigation, and customizable features out-of-the-box that plan members expect from today’s healthcare mobile applications and portals. Some of the other key features include:

 

Personalized Home Screen – Zyter Member Engagement instantly engages members with customized content based on their health plan, conditions, gender, and other personal preferences. The “favorites” feature enables members to list and bookmark contact information for their preferred physicians for quick reference.

 

Simplified Access to Healthcare Information – Zyter Member Engagement places the member’s updated medication list at their fingertips as well as a symptom checker that provides recommendations for care. Using the advanced Search function, members can easily search for nearby pharmacies and urgent care facilities, access a 24×7 Nurse Advice Line, as well as find links to urgent care providers offering virtual appointment options.

Secure, Two-Factor User Authentication – The secure HIPAA-compliant mobile app and portal provide two-factor user authentication using text or email, plus secure messaging/push notifications to send health and account-related messages to members. Members themselves also can securely upload and send documentation to the payer. Bill payments are also secure with the ability to scan checks, pay with a credit card or through Apple Pay and Google Pay.

 

In-App Plan Changes and Upgrades – Designed for flexibility and future decision making, Zyter Member Engagement enables plan members to easily shop for and upgrade to a new plan within the payer’s marketplace. 

 

Recently, a Fortune 500 healthcare payer offering managed healthcare plans for Medicare and Medicaid patients through multiple state insurance marketplaces deployed the Zyter Member Engagement mobile application. Over one million members were migrated from an outdated app running on a legacy web services system with slow response times and poor member reviews to the new app. With the highly responsive and feature-rich solution, the payer has not only increased member acceptance and satisfaction, but also won new contracts with other states due to the competitive advantage provided by the new mobile member engagement app.

 

“User reviews confirm time and again that a fast response time on a mobile app or an online portal is always more important to users than a long list of features,” said Sanjay Govil, founder and CEO of Zyter, Inc. “Zyter Member Engagement gives healthcare payers and their members the best of both worlds with fast responsiveness and rich features that provide a personal, engaging, and satisfying member experience.”

 

To request a product demonstration or to learn more about Zyter Member Engagement, please visit https://www.zyter.com/MemberEngagement.

 

About Zyter, Inc.

Zyter, founded in 2017 by serial entrepreneur Sanjay Govil, provides a cloud-based, 5G-ready platform that enables better outcomes in telehealth, home health, and remote patient monitoring, while also supporting IoT/smart technology and thermal imaging solutions. The platform’s open architecture, military-grade security, and compliance with multiple industry standards enables organizations in healthcare, education, entertainment, government, and transportation to easily and effectively connect, communicate, collaborate and engage. In 2020, the company won more than 50 awards for its solutions including Best Health Care and Medical Innovation as well as Company Innovation of the Year (One Planet Awards, Silver). The privately-held company is based in Rockville, Md. For more information, please visit www.Zyter.com.

 

Zyter Media Contact:

Michael E. Donner, Chief Marketing Officer,  Zyter, Inc., [email protected]

Attachments 

Michael E. Donner
Zyter
3103557760
[email protected]

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INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm – TNAV, ALSK, NAV

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — Halper Sadeh LLP, a global investor rights law firm, announces it is investigating:


Telenav, Inc. (NASDAQ: TNAV)
 concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to V99, Inc., a corporation led by HP Jin, Co-Founder, President, and Chief Executive Officer of Telenav, for $4.80 per share. If you are aTelenav shareholder, click on this link to learn more about your rights and options:https://halpersadeh.com/actions/telenav-inc-tnav-stock-merger/.


Alaska Communications Systems Group, Inc. (NASDAQ: ALSK)
 concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Macquarie Capital and GCM Grosvenor for $3.00 per share in cash. If you are an Alaska Communications shareholder, click on this link to learn more about your rights and options:https://halpersadeh.com/actions/alaska-communications-systems-group-inc-alsk-stock-merger/.


Navistar International Corporation (NYSE: NAV)
 concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Traton SE for $44.50 per share in cash. If you are a Navistar shareholder, click on this link to learn more about your rights and options:https://halpersadeh.com/actions/navistar-international-corporation-nav-stock-merger-traton/.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

 

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Investors Community Bank Welcomes Julian La Mue, VP-Market President, Green Bay

MANITOWOC, Wis., Nov. 12, 2020 (GLOBE NEWSWIRE) — Investors Community Bank, a subsidiary of County Bancorp, Inc. (NASDAQ:ICBK), recently welcomed Julian La Mue, VP – Market President, Green Bay, to its team.

La Mue is responsible for oversight of business banking portfolios in the Green Bay market. With a focus on personalized service, long-term relationships, and customized solutions, La Mue is committed to the long-term success of his customers. He will also focus on helping area businesses navigate their way through the challenging times they are now facing, providing them the correct financial tools to help them reach their goals and put their financial concerns to rest.

La Mue holds a bachelor’s degree in Business Administration, with an emphasis in Finance, from the University of Wisconsin – Parkside. He has nearly 30 years of lending experience, most recently as a Senior Vice President – Senior Commercial Banking Relationship Manager.

“I am a community banker at heart, and am excited to have the opportunity to use the skills I have gained from my 30-year career, combined with a personalized, local touch to help grow the bank,” said La Mue.

La Mue is also heavily involved in a number of community and state organizations, including the Greater Green Bay Area Chamber of Commerce Strategic Plan Downtown Green Bay Redevelopment Task Force, Curative Connections, Junior Achievement and the WBD loan committee. He is also a 30-year member and past president of the Green Bay Rotary Club, and currently serves as treasurer of the Green Bay Rotary Foundation.

He has lived in the Green Bay area for more than 25 years, and currently resides in Howard with his wife Barb. Together they share six adult children – four boys and two girls.   

About County Bancorp, Inc.

County Bancorp, Inc., a Wisconsin corporation and registered bank holding company founded in May 1996, and our wholly-owned subsidiary Investors Community Bank, a Wisconsin-chartered bank, are headquartered in Manitowoc, Wisconsin. The state of Wisconsin is often referred to as “America’s Dairyland,” and one of the niches we have developed is providing financial services to agricultural businesses statewide, with a primary focus on dairy-related lending. We also serve business and retail customers throughout Wisconsin, with a focus on northeastern and central Wisconsin. Our customers are served from our full-service locations in Manitowoc, Appleton, Green Bay, and Stevens Point and our loan production offices in Darlington, Eau Claire, Fond du Lac, and Sheboygan.

Investor Relations Contact

Glen L. Stiteley
EVP – CFO, Investors Community Bank
Phone: (920) 686-5658
Email: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/04b5aff5-c7db-484d-81cd-6cd88533fdb4

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LendingTree, Inc. to Present at Upcoming Investor Conferences

PR Newswire

CHARLOTTE, N.C., Nov. 12, 2020 /PRNewswire/ — LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation’s leading online financial services marketplace, today announced that it will present at two upcoming investor conferences.

Stephens Annual Investment Conference
J.D. Moriarty, Chief Financial Officer at LendingTree, and Trent Ziegler, Vice President of Investor Relations and Treasurer at LendingTree, are scheduled to participate in a fireside chat on Wednesday, November 18, 2020 at 10:00 a.m. ET and will participate in group meetings throughout the course of the morning.

RBC Capital Markets Global Technology, Internet, Media and Telecommunications Virtual Conference

Doug Lebda, LendingTree Founder and CEO, is scheduled to participate in a fireside chat on Wednesday, November 18, 2020 at 4:00 p.m. ET and will participate in group meetings throughout the course of the afternoon.

Both fireside chats will be webcast live and archived on the Company’s website at nvestors.lendingtree.com.

About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is the nation’s leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, by comparing multiple offers from a nationwide network of over 500 partners in one simple search and choosing the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards, insurance and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health. My LendingTree proactively compares consumers’ credit accounts against offers on our network and notifies consumers when there is an opportunity to save money. In short, LendingTree’s purpose is to help simplify financial decisions for life’s meaningful moments through choice, education and support.

LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please visit www.lendingtree.com.

INVESTOR CONTACT:

Trent Ziegler

704-943-8294
[email protected]

MEDIA CONTACT:

Megan Greuling

704-943-8208
[email protected]

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SOURCE LendingTree, Inc.

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IQST – iQSTEL Announces Analyst Research Update To Follow Q3 Earnings Report With Anticipated Record Results

PR Newswire

NEW YORK, Nov. 12, 2020 /PRNewswire/ — iQSTEL, Inc. (USOTC: IQST) today announced Goldman Small Cap Research plans to issue an update to its recent Analyst Research Report published October 27th with a $0.54 Target PPS following IQST publishing its Q3 earnings report.  After reporting record high revenues for the previous two quarters and earlier this week reporting a record high $5.1 million in revenue for the month of October exceeding October of 2019 by 200%, management anticipates publishing record results for Q3.

 

iQSTEL Logo

 

In addition to taking the anticipated record financials into account, Goldman’s update will also include a notable new business agreement executed since Goldman’s initial report.  On November 2nd, IQST announced a letter of intent (LOI) agreement with Alternet Systems, Inc. (USOTC: ALYI), an electric vehicle (EV) innovator, for IQST’s Internet of Things (IoT) development team to combine efforts with ALYI’s EV engineering and design program to codevelop two-way device communication solutions specific to the EV operating environment.

IQST subsidiary IoT Labs MX specializes in Internet of Things (IoT) design and development to include wireless and vehicle telematics space that provide telematics solutions. IoT Lab MX, among other products, has developed the IoT Smart Gas Platform (www.iotsmartgas.com).

ALYI’s first generation EV is an electric motorcycle, designed for, among other applications, utilization within the rideshare (exemplified by Uber and Lyft services) sector in Africa evolving the prevailing robust motorcycle taxi (Boda) market. ALYI’s electric motorcycle design program, orchestrated by MODUS, was recently detailed in an online narrative presentation.

IoT Labs MX and MODUS plan to work jointly to develop two-way device communication in the Revolt Electric Motorcycles with, among others, the following functions:

  • Geolocation
  • Battery Management
  • Theft and Accident Interfacing with Emergency Services
  • Remote Maintenance Management
  • Vehicle Body and Component Leasing Management
  • Driver and Passenger Personal Mobile Device Interface
  • Rideshare System Interface

To learn more about Alternet Systems, Inc., visit www.alternetsystemsinc.com.

To learn more about the Revolt Motorcycle, visit www.revoltmotorbikes.com.

To learn more about MODUS, visit www.modusai.co.

About iQSTEL Inc (Updated):

iQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication and Technology Services for Global Markets, with presence in 13 countries. The company provides services to the Telecommunications, Financial Services, Liquid Fuel Distribution and Electric Vehicle Industries. iQSTEL has 3 Business Divisions: Telecom, Technology and Fintech, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, and itsBchain. The Company has a extensive portfolio of products and services for its clients: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Gas Platform, IoT Smart Electric Vehicle Platform, Mobile Number Portability Application MNPA (Blockchain), Settlement & Payments Marketplace (Blockchain), Visa Debit Card, Money Remittance, Pay Mobile Phone Services among others.

About Etelix.com USA, LLC:

Etelix.com USA LLC www.etelix.com is a wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America, and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

About SwissLink Carrier AG:

SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.

About QGlobal SMS LLC.:

QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company and a commercial brand founded in 2020 specialized in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in US, Mexico, Latin America, EMEA (Europe, Middle East, Asia) and Africa, through our SMS service providers based in Austin, TX and Miami, FL Our Austin-based SMS service provider is specialized in the SMS traffic exchange between US and Mexico, and our Miami-based SMS service provider is focused in the development of Latin America and the rest of the world. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guarantying its customers high quality and low termination rates, over more than 100 countries worldwide.

About Alcyon Cloud SMS S.A.S (Commercial Brand SMSDirectos.com ):

Alcyon Cloud SMS S.A.S. (Commercial Brand SMSDirectos.com), is a whole subsidiary of QGlobal SMS, a Colombian-based Application and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is registered with the Secretary of Information and Communication Technology (ICT) in Colombia, offering services to government, enterprises, small and medium business, as well as end-users. Using SMSDirectos’ existing network, they plan to expand services from SMS to offer omnichannel products and services such as: SMS, Emails, RCS (Rich Communications Services), Social Media Channels (Whats App, Messenger, etc), WebRTC (Web Real-Time Communication), VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based), SMS to Email, and Email to SMS.

About IoT Labs MX SAPI:

IoT Labs MX SAPI www.iotlabs.mx , a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican technology development company, creator of the “IoT Smart Gas” Platform and Application. The IoT Smart Gas platform www.iotsmartgas.com consists of an IoT field device installed on the LP gas tank (adaptable to virtually any gas or liquid storage tank) and, thanks to the Internet of Things (IoT) technology via Sigfox or GSM network connectivity, allows remote managed and improved logistic processes of refilling, usage tracking and tank monitoring in real-time by the Smart Gas mobile app. The new GSM tracking feature allows for mobile use including ground, air, and sea tank monitoring.

About itsBchain LLC.:

itsBchain LLC www.itsBchain.com is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain technology developer and solution provider, with a strong focus on the telecom sector.  The company is the final stage of development of a series of blockchain solutions aimed at using the blockchain ledger and smart contract solutions to enable more efficiency, quickness in execution and fraud-prevention in the telco industry.  Specifically, the company is developing a solution that will enable users and carriers to transfer mobile phone numbers with just a few clicks, allowing users and carriers the ability to transfer retail users from one mobile carrier to another instantly.  Additionally, the company is finalizing a carrier-grade marketplace solution to procure payments between carriers for cross-traffic of VoIP, SMS and data realtime as traffic is crossed between carriers.  This marketplace will allow for instant payment settlement as well as the prevention of fraud between carriers.

Safe Harbor Statement: Statements in this news release may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

iQSTEL Inc.

IR US Phone: 646-740-0907, IR Email: [email protected]

Source: iQSTEL Inc. and its subsidiaries:

www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.itsBchain.com 

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SOURCE iQSTEL, Inc.

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AM Best Affirms Credit Ratings of Selective Insurance Group, Inc. and Its Subsidiaries

AM Best Affirms Credit Ratings of Selective Insurance Group, Inc. and Its Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the pooled members of Selective Insurance Group (Selective). Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” and the Long-Term Issue Credit Ratings (Long-Term IR) of the ultimate parent, Selective Insurance Group, Inc. (SIGI) [NASDAQ: SIGI]. The outlook of these Credit Ratings (ratings) is positive. All companies are headquartered in Branchville, NJ. (Please see below for a detailed listing of companies and ratings.)

These ratings reflect Selective’s balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.

Selective’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is assessed at the strongest level, and is offset partially by exposure to catastrophe losses and terrorism. The positive outlooks reflect improved profitability over the past five years on an absolute basis and relative to its peers. AM Best expects that the group will continue to improve the underwriting results in its more challenged commercial auto and excess and surplus books of business through initiatives and targeted rate increases. The favorable business profile is based partly on the group’s close working relationship with its selected agencies, and the use of technology to enhance its underwriting and servicing capabilities.

The FSR of A (Excellent) and the Long-Term ICRs of “a+” have been affirmed for the pooled members of Selective Insurance Group:

  • Selective Insurance Company of America
  • Selective Way Insurance Company
  • Selective Insurance Company of the Southeast
  • Selective Insurance Company of New York
  • Selective Insurance Company of South Carolina
  • Selective Insurance Company of New England
  • Selective Auto Insurance Company of New Jersey
  • Mesa Underwriters Specialty Insurance Company
  • Selective Casualty Insurance Company
  • Selective Fire & Casualty Insurance Company

The following Long-Term IRs have been affirmed:

Selective Insurance Group, Inc.—

–“bbb+” on $49.9 million 7.25% senior unsecured notes, due 2034

–“bbb+” on $99.4 million 6.70% senior unsecured notes, due 2035

–“bbb+” on $294.2 million 5.375% senior unsecured notes, due 2049

The following indicative Long-Term IRs have been affirmed on the current shelf registration:

Selective Insurance Group, Inc.—

–“bbb+” on senior unsecured debt

–“bbb” on subordinated debt

–“bbb-” on preferred stock

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media – Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Edin Imsirovic

Associate Director

+1 908 439 2200, ext. 5740

[email protected]

Christopher Sharkey

Manager, Public Relations

+1 908 439 2200, ext. 5159

[email protected]

Jacqalene Lentz, CPA

Director

+1 908 439 2200, ext. 5762

[email protected]

Jim Peavy

Director, Communications

+1 908 439 2200, ext. 5644

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Liquidia to Present at the 2020 Jefferies Virtual London Healthcare Conference

RESEARCH TRIANGLE PARK, N.C., Nov. 12, 2020 (GLOBE NEWSWIRE) — Liquidia Technologies, Inc. (Nasdaq: LQDA), a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel products utilizing its proprietary PRINT® technology, today announced that Neal Fowler, Chief Executive Officer of Liquidia, will present at the 2020 Jefferies Virtual London Healthcare Conference at 7:55 PM GMT (2:55 PM ET) on Thursday, November 19, 2020.

A link to the live audio webcast and replay of the presentation will be available on the Events & Presentations page of the Company’s corporate website, and will be archived for a minimum of 90 days.

About Liquidia

Liquidia is a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel products using its proprietary PRINT® technology to transform the lives of patients. PRINT is a particle engineering platform that enables precise production of uniform drug particles designed to improve the safety, efficacy and performance of a wide range of therapies. Currently, Liquidia is focused on the development of two product candidates for which it holds worldwide commercial rights: LIQ861 for the treatment of pulmonary arterial hypertension (PAH) and LIQ865 for the treatment of local post-operative pain. Liquidia is headquartered in Research Triangle Park, NC. For more information, please visit www.liquidia.com.

Contact Information

Investor Relations:

Jason Adair
Vice President, Corporate Development and Strategy
919.328.4400
[email protected]

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Truist Awards $2.5 Million Grant to TechSoup COVID Recovery Fund

Funding to underwrite nonprofit tech costs during COVID-19 pandemic and expand digital transformation efforts to move small nonprofits to the cloud

PR Newswire

SAN FRANCISCO, Nov. 12, 2020 /PRNewswire/ — TechSoup, the leading nonprofit network provider of technology solutions to civil society organizations globally, today announced that it has received a $2.5 million grant from Truist Financial Corporation to support the TechSoup COVID Recovery Fund, a gap-filling funding measure that helps grassroots nonprofits make critical technology investments while continuing to serve the most vulnerable communities through the coronavirus crisis and into the future.

“Truist is thrilled to support TechSoup in getting the tools and resources into the hands of front-line nonprofits.”

The grant, the largest one into the COVID Recovery Fund, is part of the financial services company’s Truist Cares initiative and will underwrite two critical initiatives at TechSoup—funding the costs for nonprofits to acquire remote-work technology tools, training and services, and helping organizations overcome challenges to adopting cloud-based solutions. The grant will serve smaller nonprofits with annual budgets under $2.5 million in 15 states where Truist operates. Truist Cares is a cooperative effort between Truist Financial Corporation, Truist Foundation, Inc., and Truist Charitable Fund to provide communities, organizations and individuals disaster relief and assistance during the COVID-19 crisis.

“The COVID-19 pandemic continues to have a devastating impact on nonprofits that deliver essential services to millions in need across the U.S.,” said Lynette Bell, president of the Truist Foundation. “We’re thrilled to support TechSoup in getting the tools and resources into the hands of front-line nonprofits to help them inspire and build better lives and communities.”

“The pandemic has laid bare the critical need for nonprofits to rapidly make technology decisions necessary to navigate this crisis,” added Marnie Webb, chief community impact officer for TechSoup. “Truist is making an investment in its communities that will have a lasting impact, ensuring that nonprofits successfully implement technology systems that allow them to deliver their services with greater impact while leveraging data for both their own and collective decision-making and deliberative processes.”

The grant is expected to help more than 1,000 nonprofits access critical remote-work tools such as Zoom, Microsoft 365, Box, DocuSign, Asana and BitDefender. It will also help about 150 other nonprofits to secure their communications and operations, upgrade hardware and fill technology gaps as they migrate operations to the cloud. For nonprofits interested in learning more about the TechSoup COVID Recovery Fund, click here.

Among the nonprofits that are already benefitting from the Truist Cares grant:

  • A Father’s Way, a nonprofit in Lancaster and Rock Hill, South Carolina, offering education and services uniquely tailored for fathers trying to rebuild their lives and their families.
  • Better2gether RVA, a Henrico, Virginia, organization providing support to families of children with medically complex illnesses.
  • Classroom Central, Inc, equipping students in need by collecting and distributing free school supplies to the teachers, serving 200 schools across six districts in the Charlotte, North Carolina, region.
  • Open Arms, Inc., bringing healing, hope, and help to children, adults, and their families in need of support, intervention and prevention as a result of child abuse and homelessness in Albany, Georgia.
  • Operation Teammate, an Augusta, Georgia, organization providing military children with community resources and leadership opportunities to enhance their quality of life through sporting experiences that lead to impactful athlete interaction.
  • The HeartBright Foundation, a Charlotte, North Carolina, nonprofit educating the local community in healthy lifestyles and funding preventive cardiology programs in economically disadvantaged communities.

Truist joins several companies, including VMware and Microsoft, and foundations like the Funders 2025 Fund that have donated to the fund. Organizations or individuals interested in helping grassroots nonprofits continue serving our most vulnerable communities through the crisis can find more information here.

About TechSoup
TechSoup provides the transformative technology solutions, the digital platforms, and the in-person experiences that enable people to work together toward a more equitable world. With 60 partner NGOs around the world, TechSoup manages the only global philanthropy program that brings together more than 100 tech companies to provide technology donations to NGOs everywhere. TechSoup’s data and validation services enable companies, foundations, and governments to connect their philanthropic resources with vetted NGOs around the world. In the past 30 years, TechSoup has reached 1.06 million NGOs and facilitated distribution of technology products and grants valued at more than $13 billion. https://www.techsoup.org/

About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspire and build better lives and communities. With 275 years of combined BB&T and SunTrust history, Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. with total assets of $499 billion as of September 30, 2020. Truist Bank, Member FDIC. Learn more at Truist.com.

About Truist Foundation
The Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, the foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. The Truist Foundation’s grants and activities focus on leadership development, economic mobility, thriving communities and educational equity. Learn more at Truist.com/Truist-Foundation.

Media Contacts
TechSoup Media Relations
(720) 470-3653
[email protected]

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SOURCE TechSoup Global