Liberty

FTC Announces Claims Process for Consumers Harmed by Lanier Law Mortgage Relief Scheme

Retrieved on: 
Friday, January 19, 2024

The Federal Trade Commission is launching a claims process for consumers harmed by a deceptive mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed to deliver.

Key Points: 
  • The Federal Trade Commission is launching a claims process for consumers harmed by a deceptive mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed to deliver.
  • The FTC first took action against Lanier Law in 2014 as part of a joint law enforcement sweep by federal and state authorities.
  • According to the complaint, Lanier Law operated under a number of names including Surety Law Group, Redstone Law Group, Fortress Law Group, and Liberty & Trust Law Group of Florida.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Announces Claims Process for Consumers Harmed by Lanier Law Mortgage Relief Scheme

Retrieved on: 
Friday, January 19, 2024

The Federal Trade Commission is launching a claims process for consumers harmed by a deceptive mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed to deliver.

Key Points: 
  • The Federal Trade Commission is launching a claims process for consumers harmed by a deceptive mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed to deliver.
  • The FTC first took action against Lanier Law in 2014 as part of a joint law enforcement sweep by federal and state authorities.
  • According to the complaint, Lanier Law operated under a number of names including Surety Law Group, Redstone Law Group, Fortress Law Group, and Liberty & Trust Law Group of Florida.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Reserv Hires Andrew Pedler as Vice President of Reserv UK

Retrieved on: 
Wednesday, January 17, 2024

LONDON, Jan. 17, 2024 /PRNewswire-PRWeb/ -- Reserv has appointed Andrew Pedler to the role of Vice President of the UK, overseeing the expansion of Reserv in the Lloyd's and UK markets and further expanding Reserv's global reach.

Key Points: 
  • LONDON, Jan. 17, 2024 /PRNewswire-PRWeb/ -- Reserv has appointed Andrew Pedler to the role of Vice President of the UK, overseeing the expansion of Reserv in the Lloyd's and UK markets and further expanding Reserv's global reach.
  • "While claims service and technology have taken a back seat to the digitization of distribution and underwriting, Reserv recognizes the critical role of digitized claims data in market performance," said Pedler.
  • "Through substantial investments in Artificial Intelligence and automation specifically for claims, Reserv offers transformative benefits for insurers, Managing General Agents (MGA's) and policyholders alike.
  • We are confident that his leadership will play a pivotal role in expanding our capabilities in the UK."

United States Mint and Royal Mint Announce Collaborative Design

Retrieved on: 
Tuesday, January 9, 2024

Washington, DC, Jan. 09, 2024 (GLOBE NEWSWIRE) -- The United States Mint and The Royal Mint today announced the collaborative design created by both mints’ Chief Engravers for the 2024 Liberty & Britannia Program.

Key Points: 
  • Washington, DC, Jan. 09, 2024 (GLOBE NEWSWIRE) -- The United States Mint and The Royal Mint today announced the collaborative design created by both mints’ Chief Engravers for the 2024 Liberty & Britannia Program.
  • The United States Mint Chief Engraver, Joseph Menna, and The Royal Mint Chief Engraver, Gordon Summers, have created a stunning design, celebrating the harmony of the figures while giving each equal prominence in the design.
  • “This has been an extraordinary opportunity for the United States Mint,” said United States Mint Director Ventris C. Gibson.
  • Find more information about products from the United States Mint here and The Royal Mint here .

Liberty Media Corporation Completes Acquisition of Quint

Retrieved on: 
Wednesday, January 3, 2024

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has completed the acquisition of QuintEvents, LLC (“Quint”), an industry-leading provider of premium experiences at the world's most prominent sports and entertainment events.

Key Points: 
  • Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has completed the acquisition of QuintEvents, LLC (“Quint”), an industry-leading provider of premium experiences at the world's most prominent sports and entertainment events.
  • Quint is attributed to Liberty Media’s Formula One Group tracking stock.
  • “Quint is a great addition to Liberty Media, extending our reach in premium experiences and capitalizing on continued growth in the global experiential economy,” said Greg Maffei, Liberty Media President and CEO.
  • We are just getting started.”
    The transaction values Quint at $313 million and was funded with Formula One Group cash on hand.

One Liberty Properties Announces 124th Consecutive Quarterly Dividend

Retrieved on: 
Tuesday, December 5, 2023

GREAT NECK, N.Y., Dec. 05, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share. The dividend is payable on January 5, 2024 to stockholders of record at the close of business on December 20, 2023, and represents One Liberty’s 124th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years.   The Company estimates that a significant portion of this dividend will be included in 2023 taxable income and that the tax treatment of the dividends attributable to 2023 will be split approximately evenly between capital gains and ordinary income.

Key Points: 
  • GREAT NECK, N.Y., Dec. 05, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share.
  • The dividend is payable on January 5, 2024 to stockholders of record at the close of business on December 20, 2023, and represents One Liberty’s 124th consecutive quarterly dividend.
  • One Liberty has increased or maintained its dividend for over 30 consecutive years.
  • The Company also announced that its Board of Directors authorized the replenishment of its October 2023 stock repurchase authorization.

One Liberty Properties Announces Asset Sales for $32 Million

Retrieved on: 
Thursday, November 30, 2023

GREAT NECK, N.Y., Nov. 30, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a geographically diversified portfolio consisting primarily of industrial properties, announced that it completed the sale of two restaurant properties and a portion of a retail property for a an aggregate sales price of approximately $8.7 million. The Company anticipates producing an aggregate gain on these sales of approximately $2.7 million.

Key Points: 
  • The Company anticipates producing an aggregate gain on these sales of approximately $2.7 million.
  • The Company also entered into non-cancellable agreements to sell three restaurant properties and two retail properties for an aggregate sales price of $23.0 million.
  • The Company anticipates that these sales will be completed before year-end for an aggregate gain-on-sale of approximately $10.0 million.
  • The Company used the net proceeds from the three completed sales and the refinancings to paydown approximately $15.0 million of its credit facility debt.

Liberty Star Contracts Consulting Geologist / Project Manager for Gold Prospect Red Rock Canyon and Copper Hay Mountain Project, SE Arizona

Retrieved on: 
Monday, November 27, 2023

Mr. Bryce will be reviewing the geological merit of Liberty Star’s properties and acting as project manager for a core drilling program at the gold exploration Red Rock Canyon Project and the adjacent exploration stage Hay Mountain Project for commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico.

Key Points: 
  • Mr. Bryce will be reviewing the geological merit of Liberty Star’s properties and acting as project manager for a core drilling program at the gold exploration Red Rock Canyon Project and the adjacent exploration stage Hay Mountain Project for commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico.
  • Mr. Bryce has over thirty years of experience in the mining and exploration industry since completing his B.Sc.
  • He has worked as project manager, exploration geologist, and project geologist on five continents.
  • Visit lbsr.us for more about Liberty Star Minerals, the Red Rock Canyon Gold Project & the Hay Mountain Project, including images, maps and technical reports

Liberty Star Contracts for Core Drilling at Gold Prospect Red Rock Canyon and Copper Hay Mountain Project, SE Arizona

Retrieved on: 
Tuesday, November 21, 2023

TUCSON, AZ, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Liberty Star Minerals ( “Liberty Star” or the “Company” ) ( OTCMarkets: LBSR ) announces that it has engaged NISS Drilling Services to undertake diamond core drilling at Liberty Star’s Red Rock Canyon Gold Project (RRC) within the larger Hay Mountain Project (HMP) in southeast Arizona.

Key Points: 
  • TUCSON, AZ, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Liberty Star Minerals ( “Liberty Star” or the “Company” ) ( OTCMarkets: LBSR ) announces that it has engaged NISS Drilling Services to undertake diamond core drilling at Liberty Star’s Red Rock Canyon Gold Project (RRC) within the larger Hay Mountain Project (HMP) in southeast Arizona.
  • Deeper drilling is planned for a geophysically promising area within the adjacent Hay Mountain Target 1 area.
  • The Hay Mountain Project has undergone substantial geoscientific investigation including airborne aeromagnetic imaging (ZTEM), 3-D modeling, and numerous geochemical studies.
  • “Engaging a world class drilling service for our first test of our gold and copper properties is an important milestone for Liberty Star.

AM Best Affirms Credit Ratings of HDI Haftpflichtverband der Deutschen Industrie V.a.G. and Its Rated Insurance Subsidiaries

Retrieved on: 
Wednesday, December 20, 2023

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.
  • The outlook of these Credit Ratings (ratings) is stable.
  • Additionally, AM Best has affirmed the Mexico National Scale Rating of “aaa.MX” (Exceptional) of HDI Global Seguros, S.A. (Mexico City, Mexico).
  • The FSR of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) have been affirmed, with a stable outlook, for the following subsidiaries of HDI V.a.G.