Law

ROSEN, A TOP RANKED FIRM, Continues to Investigate Securities Claims Against Commercial Vehicle Group, Inc. – CVGI

Friday, July 10, 2020 - 9:45pm

On March 16, 2020, after the market closed, Commercial Vehicle Group issued a press release announcing its fourth quarter and full year 2019 financial results.

Key Points: 
  • On March 16, 2020, after the market closed, Commercial Vehicle Group issued a press release announcing its fourth quarter and full year 2019 financial results.
  • Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Commercial Vehicle Group investors.
  • If you purchased shares of Commercial Vehicle Group please visit the firms website at http://www.rosenlegal.com/cases-register-1818.html to join the class action.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

DWS Municipal Income Trust and DWS Strategic Municipal Income Trust Announce Annual Meeting of Shareholders

Friday, July 10, 2020 - 10:00pm

DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a Fund, and, collectively, the Funds) announced that the Annual Meeting of Shareholders for each Fund will be held on September 25, 2020 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, NY 10022.

Key Points: 
  • DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a Fund, and, collectively, the Funds) announced that the Annual Meeting of Shareholders for each Fund will be held on September 25, 2020 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, NY 10022.
  • If this step is taken, the Funds will announce the decision to do so in advance, together with details on how to participate.
  • If the Funds decide to hold the Annual Meeting solely by means of remote communication, the Funds may also change the date and time of the Annual Meeting and will announce any changes to the date and time of the Annual Meeting in advance.
  • DWS Municipal Income Trust.

Multi-Office Greenberg Traurig Team Represents Black Dragon Capital in its Cross-Border Acquisition of Grass Valley from Belden Inc.

Friday, July 10, 2020 - 8:10pm

NEW YORK, July 10, 2020 /PRNewswire-PRWeb/ --Global law firm Greenberg Traurig, LLP represented Black Dragon Capital, LLC in its acquisition of Grass Valley, a leading technology supplier of advanced broadcast and media solutions, with operations in over 20 different jurisdictions worldwide, from Belden, Inc.

Key Points: 
  • NEW YORK, July 10, 2020 /PRNewswire-PRWeb/ --Global law firm Greenberg Traurig, LLP represented Black Dragon Capital, LLC in its acquisition of Grass Valley, a leading technology supplier of advanced broadcast and media solutions, with operations in over 20 different jurisdictions worldwide, from Belden, Inc.
  • Black Dragon Capital was formed by technology operating executives with a track record of building market-leading companies and providing above market investment returns.
  • The multi-office Greenberg Traurig team representing Black Dragon Capital was led by Ejim Peter Achi (Shareholder, New York, Corporate).
  • Greenberg Traurig, LLP (GT) has more than 2,200 attorneys in 41 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Off to the Races for Enforcement of California’s Privacy Law

Friday, July 10, 2020 - 9:00pm

Yesterday, the California Attorney Generals office confirmed that it has begun sending a swath of enforcement notices to companies across sectors who are allegedly violating the California Consumer Privacy Act (CCPA), swiftly beginning enforcement right on the July 1st enforcement date.

Key Points: 
  • Yesterday, the California Attorney Generals office confirmed that it has begun sending a swath of enforcement notices to companies across sectors who are allegedly violating the California Consumer Privacy Act (CCPA), swiftly beginning enforcement right on the July 1st enforcement date.
  • The law came into effect in January, after years of debate and amendment in the California Legislature.
  • In an IAPP-led webinar, CCPA Enforcement: Enter the AG, Stacey Schesser, Californias Supervising Deputy Attorney General, confirmed details about the first week of CCPA enforcement.
  • Meanwhile, AG enforcement will almost certainly bolster public awareness and support for the California Privacy Rights Act (CPRA) or CCPA 2.0 ballot initiative in November 2020.
Key takeaways and observations:
  • Deputy AG Schesser also confirmed that businesses were targeted based on consumer complaints and even some reports on Twitter. It would not be surprising to see that early enforcement targets were influenced by media and Twitter reports of businesses that do or do not provide a “Do Not Sell My Information” link. For example, a February 2020 Washington Post article includes a comprehensive list of top companies and notes whether they provide CCPA-related links.
    • Enforcement of requirements in the AG’s regulations will have to wait (for now).
  • Despite this, it would be wise for companies to carefully review the proposed regulations. Although in some cases the draft regulations appear to create new obligations or restrictions that do not exist in the text of the CCPA — such as disclosures for large data holders — in many cases the regulations are intended to clarify existing law. In such cases, the regulations provide a useful window into how the AG’s office understands the text of the CCPA. Similarly, companies seeking to understand how the AG’s office understands the CCPA and its “Do Not Sell” provision can look to the 900+ pages of responses given to commenters in the public comment periods for the draft regulations. These responses provide important insight into the AG’s analysis of what the underlying statute requires.
    • The AG’s successes or failures (or perceptions thereof) will directly influence federal and state legislative debates outside of California.
    • Under the law, companies have a thirty-day period to cure violations and come into compliance.
    • As a result, these letters are unlikely to become public, unless any of them progress into full-blown investigations.
    • We do know a few key things from this discussion, however, about the type and substance of the alleged violations under scrutiny.
    • For example, we know that online businesses from across sectors were targeted, rather than, for example, retail or other brick and mortar establishments that collect data in-person.
    • And although it was not directly stated, it was implied that the violations involve perceived failures to comply with the laws Do Not Sell provisions.
    • The AG has publicly held up this specific consumer right to request that a business not sell data as the most central feature of the CCPA.
    • We dont know at this point whether the AG staff identified obvious cases where observation made it clear a company was selling data.
Next up: CPRA Ballot Initiative (“CCPA 2.0”)
    • Meanwhile, the proposed California Privacy Rights Act (CPRA) has qualified for the November 2020 ballot, and if passed would modify the CCPA to provide additional consumer protections.
    • If passed, the CPRA will likely become the new de facto minimum U.S. national standard for consumer privacy, raising the bar significantly for efforts to pass federal legislation.
    • Despite its detailed requirements, it is not finding favor with some civil society groups such as the Consumer Federation of California, which has now formally opposed the initiative.
    • The ballot initiative process in California enables groups to submit ballot arguments in support or opposition of an initiative, which may be important to help voters understand the initiative, so stay tuned for news of additional groups that support or oppose the effort.
    • Author: Stacey Gray is an FPF Senior Counsel and leads FPFs U.S. federal and state legislative analysis and policymaker education efforts.

Compliancy Group Creates New Guidance for HIPAA Compliance for Business Associates

Friday, July 10, 2020 - 8:00pm

GREENLAWN, N.Y., July 10, 2020 /PRNewswire-PRWeb/ -- COMPLIANCY GROUP in its continued efforts to simplify compliance has developed new guidance for HIPAA Compliance for Business Associates.

Key Points: 
  • GREENLAWN, N.Y., July 10, 2020 /PRNewswire-PRWeb/ -- COMPLIANCY GROUP in its continued efforts to simplify compliance has developed new guidance for HIPAA Compliance for Business Associates.
  • HIPAA compliance for business associates is accomplished by implementing an effective HIPAA compliance program.
  • This is why we have developed specific guidance for HIPAA Compliance for Business Associates," Marc Haskelson, CEO Compliancy Group.
  • Since covered entities and business associates have differing HIPAA compliance requirements, Compliancy Group developed a compliance program specifically for business associates.

Visit Lucidea’s Virtual Exhibit Booth at AALL 2020

Friday, July 10, 2020 - 6:33pm

Lucidea, developer of SydneyEnterprise and Inmagic Presto, will participate in the American Association of Law Libraries 2020 Virtual Conference , with their market leading ILS and KM solutions for law firms, on July 13th through 17th.

Key Points: 
  • Lucidea, developer of SydneyEnterprise and Inmagic Presto, will participate in the American Association of Law Libraries 2020 Virtual Conference , with their market leading ILS and KM solutions for law firms, on July 13th through 17th.
  • Lucideas ILS and KM specialists will be available at their Virtual Exhibit Booth to demonstrate the powerful, purpose-built software that makes them a valued technology partner in the law firm community.
  • To see for yourself, visit their Virtual Exhibit Booth to see what SydneyEnterprise and Inmagic Presto can do for your law firm or legal organization.
  • For further information, visit https://lucidea.com , phone 604 278 6717, or email sales@lucidea.com .

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against J2 Global, Inc.

Friday, July 10, 2020 - 5:02pm

Federman & Sherwood announces that on July 8, 2020, a class action lawsuit was filed in the United States District Court for the Central District of California against J2 Global, Inc. (NASDAQ: JCOM).

Key Points: 
  • Federman & Sherwood announces that on July 8, 2020, a class action lawsuit was filed in the United States District Court for the Central District of California against J2 Global, Inc. (NASDAQ: JCOM).
  • Plaintiff seeks to recover damages on behalf of all J2 Global, Inc. shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above.
  • You may move the Court no later than Tuesday, September 8, 2020 to serve as a lead plaintiff for the entire Class.
  • However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

Kingold Jewelry, Inc. Investors Who Have Suffered Losses Encouraged To Contact Kehoe Law Firm, P.C.

Friday, July 10, 2020 - 4:23pm

is investigating claims on behalf of investors of Kingold Jewelry, Inc. (Kingold or the Company) ( NASDAQ: KGJI ) to determine whether Kingold engaged in securities fraud or other unlawful business practices.

Key Points: 
  • is investigating claims on behalf of investors of Kingold Jewelry, Inc. (Kingold or the Company) ( NASDAQ: KGJI ) to determine whether Kingold engaged in securities fraud or other unlawful business practices.
  • Investors who purchased, or otherwise acquired, Kingold securities between March 15, 2018 and June 28, 2020 (the Class Period) and suffered losses are encouraged to complete Kehoe Law Firms Securities Class Action Questionnaire or contact Kevin Cauley, Director, Business Development, (215) 792-6676, Ext.
  • , with offices in New York and Philadelphia, is a multidisciplinary, plaintiffside law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.
  • Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion dollars on behalf of institutional and individual investors.

ELAN Shareholder Update: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Elanco Animal Health Incorporated and Lead Plaintiff Deadline: July 20, 2020

Friday, July 10, 2020 - 5:00pm

Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/elan .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/elan .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • If you suffered a loss in Elanco you have until July 20, 2020 to request that the Court appoint you as lead plaintiff.
  • Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

AGS SHAREHOLDER UPDATE: Bronstein, Gewirtz & Grossman, LLC Reminds PlayAGS, Inc. Investors of Class Action and Lead Plaintiff Deadline: August 24, 2020

Friday, July 10, 2020 - 4:00pm

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

Key Points: 
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • When the true details entered the market, the lawsuit claims that investors suffered damages.
  • If you suffered a loss in PlayAGS you have until August 24, 2020 to request that the Court appoint you as lead plaintiff.
  • Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.