San Jose Local News
BLUE APRON INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates Blue Apron Holdings, Inc. for Possible Securities Fraud – (APRN)
On August 10, 2017, Blue Apron released its first post-IPO earnings report revealing a loss of 47 cents a share, or $31.6 million, during the second quarter, a notably higher loss than analysts’ expectations. The Company also reported a rise in costs of 86% or $65.7 million. This follows the recent sudden resignation of the Company’s co-founder and Chief Operating Officer as well as reports of staffing cuts. On this news, the price of Blue Apron’s shares plummeted, down significantly since its late-June IPO. KSF’s investigation is focusing on whether Blue Apron and/or its officers and directors violated state or federal securities laws. If you are a Blue Apron shareholder and have suffered losses, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit
LEXMARK INTERNATIONAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Lexmark International, Inc. – (LXK)
If you purchased securities of Lexmark and would like to discuss your legal rights and how this case might affect you 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 or via email ([email protected]), or visit http://ksfcounsel.com/cases/nyse-lxk to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 19, 2017. About the Lawsuit Lexmark and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) there were...
CHIPOTLE INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Chipotle Mexican Grill, Inc. – CMG
On April 25, 2017, the Company revealed a data breach affecting its payment processing systems potentially affecting its customers and advised that customers “should closely monitor their payment card statements” for unauthorized charges and notify their bank if that occurred. The breach resulted in a class action lawsuit being filed against the Company by more than 100 financial institutions based on lost accounts, repayments and other expenses caused by Chipotle’s negligence in the breach, highlighting a 2015 decision by the Company to “not upgrade its terminals to EMV [chip card] technology, claiming that it would slow down customer lines” despite a prior breach that had cost the company approximately $4.3 million between 2004 and 2006. On July 19, 2017, it was announced that the Company received a federal subpoena relating to a reported norovirus outbreak at one of its Virginia locations that left hundreds sickened, which follows a string of similar incidents involving...
CenturyLink (CTL) ALERT: J&W Announces Filing of Class Action Complaint Against CenturyLink, Inc.; Encourages all Investors to Contact the Firm for Information
The complaint alleges that defendants during the Class Period made false and misleading statements and failed to disclose that: (1) CenturyLink’s policies allowed its employees to add services or lines to accounts without customer permission, resulting in millions of dollars in unauthorized charges to CenturyLink customers; (2) accordingly, CenturyLink’s revenues were the product of illicit conduct and unsustainable; (3) the foregoing illicit conduct was likely to subject CenturyLink to heightened regulatory scrutiny; and (4) as a result, CenturyLink’s public statements were materially false and misleading at all relevant times. On June 16, 2017, Bloomberg reported that a lawsuit had been filed by former CenturyLink employee Heidi Heiser alleging that Heiser was fired days after notifying Chief Executive Officer Glen Post of CenturyLink’s high-pressure sales culture that left customers paying millions of dollars for accounts they didn’t request. Following this...
Dr. Reddy’s (RDY) Alert: J&W Investigates Dr. Reddy’s Laboratories Ltd.; Has Your Dr. Reddy’s Investment Declined in Value?
On November 6, 2015, Dr. Reddy’s reported that the Company received a “warning letter” from U.S. regulators over inadequate quality controls at three manufacturing plants producing drugs for cancer and other diseases. The next trading day, on November 9, the Company held an investor conference call to discuss the warning letter. On the call, it was further revealed that it was not just the three facilities singled out in the warning letter that was experiencing problems. In fact, the FDA required Dr. Reddy’s to implement changes for every manufacturing site the Company operated. Specifically, Dr. Reddy’s disclosed to investors that the FDA found deficiencies in its documentation practices and control, laboratory testing practices, adequacy of standard operating procedures, and incident investigation practices. Then, on August 10, 2017, Dr. Reddy’s disclosed that the Regulatory of Germany (Regierung von Oberbayern), following a recent inspection of the plant,...
Alien Fresh Jerky’s UFO Hotel Moves Ahead with Building Plans
The immersive UFO hotel, unanimously approved by the San Bernardino County Planning Commission, is expected to be a major source of jobs and revenue for the San Bernardino county. BAKER, CA – 08/12/2017 (PRESS RELEASE JET) — Power up those warp drives and get ready! After months of revisions and updates, the plans for Alien Fresh Jerky’s fully immersive UFO hotel designed by Luis Ramallo were approved on August 2, 2017 by the San Bernardino County Building Department (permit #B201603356). The attraction is expected to bring new life and much needed tourists to the struggling economy of Baker, California. The increased tax revenue base will bring money to the county as well as the community...
NewFilmmakers Los Angeles Premieres Comedy Feature at August 2017 Film Festival
NewFilmmakers Los Angeles’ monthly film festival is back on August 26th, 2017 with a line-up of 12 international short films and feature comedy “How to Get Girls” starring Chris Elliott, Kate Flannery, David Koechner and Chris Kattan. Los Angeles, California, August 11, 2017 – On Saturday, August 26th, 2017, NewFilmmakers Los Angeles (NFMLA) continues its ever expanding celebration of emerging storytellers with a fresh edition of its Downtown Los Angeles based monthly film festival. The festival kicks off with two installments of short films. Throughout these two programs, attendees will have an opportunity to experience 12 international short films from the USA, United Kingdom, Switzerland and Ireland, with the second program highlighting female filmmakers in partnership with The Alliance of Women Directors (AWD). In the third and final program of the evening, NFMLA presents another installment of InFocus: Youth...
DJM Insurance Services Taking New Clients Interested in General Liability Insurance for Construction Companies
El Cajon, CA — 08/11/2017 — General liability insurance is a must-have for construction companies. Although many business owners do not always foresee accidents taking place at their worksite, it is unfortunately a reality when it comes to construction companies. Luckily, DJM Insurance is available to help construction company owners, and is now taking new clients who are interested in general liability insurance for their construction company. It pays to have general liability insurance when operating a construction company, and at DJM Insurance, there is always time to discuss individual company needs. Business owners interested in general liability insurance in Washington are urged to contact DJM Insurance so that they can discuss...
United States Neurology Software Market Segmentation, Parameters and Prospects 2017 to 2022 Market Research Report
New York, NY — 08/11/2017 — “Neurology Software plan packages, this contains individuals for individuals wellbeing records, session scheduling, billing and endurance training. Neurology Software provides the sufferers overall health-related information to assist in wellbeing care decisions. The specialist primarily based plan provides forms similar for his or her paper counterparts however provides easy navigation, a typical paragraph and click solution, discernment and also a standardized interface that allows everyone in workout to be more practical and provide far better wellness health-related treatment towards the patient. Get a Sample Report @ https://www.wiseguyreports.com/sample-request/1611577-united-states-neurology-software-market-by-manufacturers-states-type-and-application...
Makers Nutrition’s Casual for a Cause Program Raises $2500 for Vitamin Angels
Dietary supplement manufacturer Makers Nutrition® raises $2,500 through its Casual for a Cause fundraising program to assist Vitamin Angels in its fight against malnutrition. Hauppauge, NY, August 11, 2017– The health of thousands of mothers and children around the world was supported this year thanks to fundraising efforts made by dietary supplement manufacturer Makers Nutrition. Employees of Makers Nutrition participated in the Casual for a Cause program to help support the well-being of 10,000 individuals suffering from malnutrition. “The Makers Nutrition team is humbled to have the opportunity to support Vitamin Angels to improve the lives of so many children around the world,” said Chris Zecha, Operations Facilitator of Makers Nutrition. “Our Casual for a Cause program was a hit with employees. Staff members were allowed to dress down in exchange...
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