Louisiana

DOJ joins whistleblower case alleging AECOM led FEMA fraud scheme; Xavier University of Louisiana settles for $12M

Wednesday, June 3, 2020 - 9:30pm

"We are fortunate to have such a strong team of DOJ lawyers pursuing this case."

Key Points: 
  • "We are fortunate to have such a strong team of DOJ lawyers pursuing this case."
  • The alleged fraud involved FEMA disaster relief funds designated for nonprofit educational and religious institutions that were damaged by Hurricane Katrina.
  • The FEMA Public Assistance Program pays to repair facilities damaged by natural disasters and restore them to their pre-disaster condition.
  • Xavier University of Louisiana, which the whistleblower and government alleged participated in the scheme, has paid the government $12 million to settle its liability in the qui tam case.

Globalstar Announces the New ST100 Satellite Transmitter

Wednesday, June 3, 2020 - 1:30pm

Globalstar, Inc. (NYSE American: GSAT) today introduced the ST100, an innovative, embeddable, one-way Satellite Transmitter ready for rapid product development and manufacturing in the global marketplace.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today introduced the ST100, an innovative, embeddable, one-way Satellite Transmitter ready for rapid product development and manufacturing in the global marketplace.
  • The ST100 is the newest addition to the Globalstar commercial IoT embedded solutions product line following predecessors, STX3 and STINGR satellite transmitters.
  • Because the ST100 operates on the Globalstar Satellite Network, one solution works everywhere without multiple country service contracts or roaming fees.
  • The ST100 Satellite Transmitter includes everything needed to jump start product development lifecycle:

Biloxi Marsh Lands Corporation Announces Unaudited Results for the First Quarter of 2020

Tuesday, June 2, 2020 - 9:17pm

Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) today announces its unaudited results for the first quarter of 2020.

Key Points: 
  • Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) today announces its unaudited results for the first quarter of 2020.
  • The flow-through loss from B&L Exploration, LLC (BLX) reduced the Companys quarterly revenue by $453,997 in 2020 compared to $469,288 during 2019.
  • The first quarter 2020 flow-through loss of $453,997 includes $282,701 in depreciation, depletion and amortization of intangible drilling costs and other tangible costs capitalized in prior years.
  • Further information concerning this matter can by found on the Companys website in the March 23, 2020 letter to shareholders http://www.biloximarshlandscorp.com/category/annual-reports/ .

Republic Provides a $3.5m Non-Recourse Facility to a Furniture Manufacturer

Tuesday, June 2, 2020 - 5:10pm

Republic presented a stable, consistent and growth-focused approach to the management despite the ongoing recession and public health crisis.

Key Points: 
  • Republic presented a stable, consistent and growth-focused approach to the management despite the ongoing recession and public health crisis.
  • Republic provided credit protection on their receivables, less restrictive concentration limits and a higher advance rate on their eligible collateral.
  • Republic Business Credit provided a $3.5 million non-recourse factoring facility that provides credit protection without any covenants.
  • It provides asset-based loans, ledgered lines of credit, non-recourse factoring , factoring and direct to consumer loans including e-commerce working capital.

Louisiana Firm Named U.S. Small Business Prime Contractor of the Year

Tuesday, June 2, 2020 - 4:26pm

HARVEY, La., June 2, 2020 /PRNewswire/ -- The U.S. Small Business Administration has named APC Construction, LLC the 2020 Small Business Prime Contractor of the Year for SBA Region VI, which includes Louisiana, Texas, Arkansas, New Mexico and Oklahoma.

Key Points: 
  • HARVEY, La., June 2, 2020 /PRNewswire/ -- The U.S. Small Business Administration has named APC Construction, LLC the 2020 Small Business Prime Contractor of the Year for SBA Region VI, which includes Louisiana, Texas, Arkansas, New Mexico and Oklahoma.
  • The SBA Prime Contractor of the Year Award honors small businesses that have provided the government with outstanding goods and services as prime contractors.
  • APC Construction was recognized as the country's best small prime contractor for its ability to grow small business, create 21st century jobs, drive innovation and increase America's global competitiveness.
  • "It's a huge honor to be named the Small Business Prime Contractor of the Year," said Keith Porta, APC Construction President.

Mats Diedrichsen Joins Waitr as an Advisor

Tuesday, June 2, 2020 - 1:30pm

Waitr Holdings Inc. (Nasdaq: WTRH) (Waitr or the Company), a leader in on-demand food ordering and delivery, today announced that it has engaged Mats Diedrichsen, former Chief Marketing Officer of Delivery Hero, to advise on all marketing aspects of the Company.

Key Points: 
  • Waitr Holdings Inc. (Nasdaq: WTRH) (Waitr or the Company), a leader in on-demand food ordering and delivery, today announced that it has engaged Mats Diedrichsen, former Chief Marketing Officer of Delivery Hero, to advise on all marketing aspects of the Company.
  • Mats was at Delivery Hero for over five years until he recently left in early 2020 to start his own consulting company.
  • We are lucky to have the opportunity to work with an advisor of Mats caliber, said Carl Grimstad, CEO and Chairman of the Board of Waitr.
  • Waitr, and its sister brand Bite Squad, connects local restaurants and grocery stores to hungry diners in underserved U.S. markets.

Dimension Development Announces Hospitality Industry Safety and Sanitation Protocols Across its Hotel Portfolio and its new "Meet with CARE" Program in Response to COVID-19

Tuesday, June 2, 2020 - 1:00pm

Dimension has also launched its "Meet with CARE" safety and sanitation wellness program for meetings and event customers.

Key Points: 
  • Dimension has also launched its "Meet with CARE" safety and sanitation wellness program for meetings and event customers.
  • "We are in a new and ever-changing environment for hospitality," quoted Sam Friedman, Founder and CEO of Dimension Development.
  • The Dimension portfolio is comprised of primarily Hilton, Marriott, Hyatt and Intercontinental properties, and over 95% of Dimension hotels' inventory remained open over the past two months.
  • Dimension Development was founded in 1988, and has successfully developed, acquired and managed full-service, all-suite, and limited feature hotels.

Candidate for US Senate Publishes Bestselling Memoir on His Past as a Master Identity Thief

Tuesday, June 2, 2020 - 1:00pm

BATON ROUGE, La., June 2, 2020 /PRNewswire/ --Dartanyon A. Williams, a candidate for US Senate representing the state of Louisiana, launched his memoir, The Master Identity Thief , last week.

Key Points: 
  • BATON ROUGE, La., June 2, 2020 /PRNewswire/ --Dartanyon A. Williams, a candidate for US Senate representing the state of Louisiana, launched his memoir, The Master Identity Thief , last week.
  • The Master Identity Thief tells the story of Williams' rise, fall and road to redemption as a young identity thief.
  • Starting at 15 years of age, Williams stole the identities of his parents, followed by his grandparents.
  • Within seven years, his operation evolved into a multi-million-dollar, multi-level identity theft crime enterprise.

Partners in Primary Care Begins Major Three-Year Expansion with 20 New Centers

Tuesday, June 2, 2020 - 1:00pm

Partners in Primary Care, a subsidiary of Humana Inc. (NYSE: HUM), is part of a family of senior-focused, primary care centers that deliver comprehensive, personalized care to 35,000 patients from many different Medicare Advantage health plans.

Key Points: 
  • Partners in Primary Care, a subsidiary of Humana Inc. (NYSE: HUM), is part of a family of senior-focused, primary care centers that deliver comprehensive, personalized care to 35,000 patients from many different Medicare Advantage health plans.
  • All Partners in Primary Care centers are staffed by board-certified physicians and care teams who have been specially trained to treat the senior population.
  • Partners in Primary Care currently operates 48 primary care centers located throughout Kansas, Missouri, North Carolina, South Carolina, Texas and Florida.
  • Partners in Primary Care (Partners) is a primary care medical group practice operating centers in Kansas, Louisiana Missouri, Nevada, North Carolina, South Carolina, and Texas under the Partners in Primary Care brand, as well as centers in Florida operated under the Family Physicians Group brand.

MODERNA INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates Claims On Behalf of Investors of Moderna, Inc. - MRNA

Tuesday, June 2, 2020 - 3:50am

NEW ORLEANS, June 01, 2020 (GLOBE NEWSWIRE) -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (KSF), is investigating claims on behalf of investors of Moderna, Inc. (NasdaqGS: MRNA).

Key Points: 
  • NEW ORLEANS, June 01, 2020 (GLOBE NEWSWIRE) -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (KSF), is investigating claims on behalf of investors of Moderna, Inc. (NasdaqGS: MRNA).
  • Such investors are advised to contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-mrna/ to learn more.
  • The investigation concerns whether Moderna and certain of its officers and/or directors have engaged in fraud, negligence or other unlawful business practices.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.