Settlement

Verano Receives DTC Eligibility

Tuesday, June 15, 2021 - 12:00pm

DTC eligibility supports our objectives to enhance liquidity while expanding our shareholder base and is requisite in strengthening Veranos presence in the U.S. capital markets, said George Archos, Verano Founder and CEO.

Key Points: 
  • DTC eligibility supports our objectives to enhance liquidity while expanding our shareholder base and is requisite in strengthening Veranos presence in the U.S. capital markets, said George Archos, Verano Founder and CEO.
  • DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies.
  • With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands: Verano, Avexia, Encore, and MV.
  • The forward-looking information and forward-looking statements include, but are not limited to statements or information with respect to the benefits of DTC eligibility, the Companys position in the marketplace, delivery of shareholder value.

Pancon Announces Debt Settlement and Option Grant

Thursday, June 10, 2021 - 9:30pm

The Debt Settlement remains subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange.

Key Points: 
  • The Debt Settlement remains subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange.
  • All securities issued in connection with the Debt Settlement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
  • A material change report will be filed not less than 21 days before the closing date of the Debt Settlement.
  • This shorter period was reasonable and necessary in the circumstances, as it was necessary for the Company to complete the Debt Settlement to immediately improve the financial position of the Company.

Block & Leviton LLP Announces a Notice of Pendency and Proposed Settlement of Class Action in the Tomaszewski v. Trevena, Inc., et al

Monday, June 7, 2021 - 3:00pm

YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

Key Points: 
  • YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
  • YOU ARE HEREBY NOTIFIED that the Court-appointed Lead Plaintiffs, on behalf of themselves and the Settlement Class, have reached a proposed settlement of the above-captioned litigation (the "Action") for $8,500,000 in cash that, if approved, would resolve all claims in the Action (the "Settlement").
  • If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Settlement Fund.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.

Claims Administrator Angeion Group Announces a Proposed Class Action Settlement In RE Mammoth Energy Services, Inc. Securities Litigation, Case No. 5-19-cv-00522-J

Monday, June 7, 2021 - 1:00pm

YOU ARE HEREBY NOTIFIED, that the Court-appointed Lead Plaintiffs, on behalf of themselves and the Settlement Class, have reached a proposed settlement of the above-captioned litigation (the "Action") for $11,000,000 in cash that, if approved, would resolve all claims in the Action (the Settlement").

Key Points: 
  • YOU ARE HEREBY NOTIFIED, that the Court-appointed Lead Plaintiffs, on behalf of themselves and the Settlement Class, have reached a proposed settlement of the above-captioned litigation (the "Action") for $11,000,000 in cash that, if approved, would resolve all claims in the Action (the Settlement").
  • Defendants have denied the claims asserted against them and have agreed to the Settlement solely to eliminate the burden and expense of continued litigation.
  • If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Settlement Fund.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.

Monarch Mining Receives DTC Eligibility

Monday, June 7, 2021 - 12:35pm

MONTREAL, June 07, 2021 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has received confirmation from the Depository Trust Company (DTC) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States.

Key Points: 
  • MONTREAL, June 07, 2021 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has received confirmation from the Depository Trust Company (DTC) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States.
  • DTC is a subsidiary of The Depository Trust & Clearing Corp. DTC manages the electronic clearing and settlement of publicly traded companies in the United States.
  • Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible.
  • Monarch owns 28,702 hectares (287km2) of mining assets in the prolific Abitibi mining camp that host 588,482 ounces of combined measured and indicated gold resources and 329,393 ounces of combined inferred resources.

Pomerantz LLP and The Rosen Law Firm, P.A. Announce Proposed Class Action Settlement on Behalf of Purchasers of Securities of Zynerba Pharmaceuticals, Inc. – ZYNE

Monday, June 7, 2021 - 1:00pm

PHILADELPHIA, June 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP and The Rosen Law Firm, P.A.

Key Points: 
  • PHILADELPHIA, June 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP and The Rosen Law Firm, P.A.
  • announces that the United States District Court for the Eastern District of Pennsylvania has approved the following announcement of a proposed class action settlement that would benefit purchasers of securities of Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE):
    TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED SECURITIES OF ZYNERBA PHARMACEUTICALS, INC.
  • BETWEEN MARCH 11, 2019 AND SEPTEMBER 17, 2019, BOTH DATES INCLUSIVE.
  • All members of the Settlement Class who have not requested exclusion from the Settlement Class will be bound by any judgment entered in the Action pursuant to the Settlement Stipulation.

The Rosen Law Firm, P.A. And Glancy Prongay & Murray LLP Announce Proposed Class Action Settlement on Behalf of Purchasers of Publicly Traded Securities of Akazoo S.A. And Holders of Modern Media Acquisition Corp. Common Stock – SONG

Monday, June 7, 2021 - 1:00pm

2020CV337418 (the State Action and together with the Federal Action, the Class Actions), have reached a proposed partial settlement of the Class Actions for $4,900,000, plus any Additional Settlement Amount that may be recovered (the Settlement).

Key Points: 
  • 2020CV337418 (the State Action and together with the Federal Action, the Class Actions), have reached a proposed partial settlement of the Class Actions for $4,900,000, plus any Additional Settlement Amount that may be recovered (the Settlement).
  • If the Settlement is approved, it will resolve all claims in the Class Actions with respect to the Settling Defendants.
  • If you are a member of the Settlement Class, your rights will be affected by the Settlement, and you may be entitled to share in the Settlement Fund.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Class Counsel or the Claims Administrator.

Optimi Health Announces DTC Eligibility & Up-List to OTCQB

Thursday, June 3, 2021 - 2:00pm

DTC Eligibility incorporates an electronic method of clearing securities that speeds up the receipt of stock and cash, and thus accelerates the settlement process for certain investors.

Key Points: 
  • DTC Eligibility incorporates an electronic method of clearing securities that speeds up the receipt of stock and cash, and thus accelerates the settlement process for certain investors.
  • Optimi further advises that it is nearing completion of the process to up-list to the OTCQB exchange operated by OTC Markets Group Inc.
  • DTC eligibility allows current and prospective shareholders of Optimi a reliable, cost-efficient, and timely method for clearing and settlement of our common shares.
  • On Behalf of the Board of Directors, Optimi Health Corp.
    Optimi is developing a sophisticated mushroom brand that focuses on the health and wellness markets.

Notice from the Office of the Secretary - Ontario Securities Commission

Thursday, May 27, 2021 - 9:15pm

TORONTO, May 27, 2021 /CNW/ - The Commission issued its Reasons for Approval of a Settlement in the above named matter.

Key Points: 

TORONTO, May 27, 2021 /CNW/ - The Commission issued its Reasons for Approval of a Settlement in the above named matter.
A copy of the Reasons for Approval of a Settlement dated May 26, 2021 is available at www.osc.ca

TSR, Inc. Announces Final Court Order Approving Settlement in the Stockholder Derivative Action

Wednesday, May 26, 2021 - 10:00pm

715541/2018, filed by Susan Paskowitz, a stockholder of the Company, on October 16, 2018 (the Stockholder Action).

Key Points: 
  • 715541/2018, filed by Susan Paskowitz, a stockholder of the Company, on October 16, 2018 (the Stockholder Action).
  • On December 16, 2019, the Company entered into a Stipulation and Agreement of Settlement with Susan Paskowitz providing for the settlement of the Stockholder Action (the Stipulation).
  • On May 21, 2020, the Court entered an order preliminarily approving the settlement.
  • Pursuant to the terms of the final order, the Court fully and finally approved the settlement set forth in the Stipulation and dismissed the Stockholder Action with prejudice.