Inc.

Perseus Group Software Corp. Acquires Valeyo Inc. and its Loan Origination Software (LOS) Business from Securian Canada, Inc.

Retrieved on: 
Monday, April 8, 2024
Constellation, Growth, Inc., Perseus, Acquisition, Software, Insurance, Senior, Point

TORONTO, April 8, 2024 /PRNewswire-PRWeb/ -- Perseus Group Software Corp. ("Perseus"), which is part of Constellation Software Inc., announced today that it has acquired Valeyo Inc. ("Valeyo") and its loan origination software (LOS) business from Securian Canada, Inc.. The insurance portion of Valeyo's business will be retained by Securian Canada. As part of the transaction, Valeyo will be joining forces with Securian Canada to continue to provide an LOS and integrated insurance offering to the market.

Key Points: 
  • TORONTO, April 8, 2024 /PRNewswire-PRWeb/ -- Perseus Group Software Corp. ("Perseus"), which is part of Constellation Software Inc., announced today that it has acquired Valeyo Inc. ("Valeyo") and its loan origination software (LOS) business from Securian Canada, Inc..
  • The acquisition amplifies Perseus Group's industry-leading technology suite with the addition of flexible, scalable, and dependable loan origination software services for Canadian financial institutions.
  • The acquisition amplifies Perseus Group's industry-leading technology suite with the addition of flexible, scalable, and dependable loan origination software services for Canadian financial institutions.
  • Valeyo is a leading software provider partnering to deliver a full suite of business loan origination solutions for financial institutions nationwide.

Innodata Inc. (INOD) Falls 30% on Claims of “AI Washing,” Then Hit With Securities Class Action – Hagens Berman

Retrieved on: 
Monday, March 25, 2024
Inc., Research, News, AI, Person, Silicon, Goldengate, Hagens Berman, Wolfpack, IPOD, Medical device

“We’re investigating whether Innodata may have made false and misleading claims about the use of AI in their platforms,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Key Points: 
  • “We’re investigating whether Innodata may have made false and misleading claims about the use of AI in their platforms,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
  • If you invested in Innodata and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
    If you’d like more information and answers to frequently asked questions about the Innodata case and our investigation, read more »
    Whistleblowers: Persons with non-public information regarding Innodata should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
  • For more information, call Reed Kathrein at 844-916-0895 or email [email protected] .

Innodata Inc. (INOD) Falls 30% on Claims of “AI Washing,” Then Hit With Securities Class Action – Hagens Berman

Retrieved on: 
Thursday, March 21, 2024
Inc., Research, News, AI, Person, Silicon, Goldengate, Hagens Berman, Wolfpack, IPOD, Medical device

“We’re investigating whether Innodata may have made false and misleading claims about the use of AI in their platforms,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Key Points: 
  • “We’re investigating whether Innodata may have made false and misleading claims about the use of AI in their platforms,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
  • If you invested in Innodata and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
    If you’d like more information and answers to frequently asked questions about the Innodata case and our investigation, read more »
    Whistleblowers: Persons with non-public information regarding Innodata should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
  • For more information, call Reed Kathrein at 844-916-0895 or email [email protected] .

PLCE LAWSUIT ALERT: The Gross Law Firm Notifies The Children's Place, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Wednesday, March 20, 2024
NEXT, PLCE, The Children's Place, Fraud, Inc., Security (finance)

DEADLINE: April 29, 2024 Shareholders should not delay in registering for this class action.

Key Points: 
  • DEADLINE: April 29, 2024 Shareholders should not delay in registering for this class action.
  • WHY GROSS LAW FIRM?
  • The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

Amplitude, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 15, 2024 to Discuss Your Rights – AMPL

Retrieved on: 
Wednesday, March 20, 2024
NEXT, AMPL, COVID-19, Fraud, Inc., Acceleration, Security (finance)

DEADLINE: April 15, 2024 Shareholders should not delay in registering for this class action.

Key Points: 
  • DEADLINE: April 15, 2024 Shareholders should not delay in registering for this class action.
  • WHY GROSS LAW FIRM?
  • The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

Black Rock Coffee Bar is Set to Open a New Store in Buckeye, Arizona

Retrieved on: 
Tuesday, March 19, 2024
Sun Belt, Environment, Inc., Privately held company, Philosophy, Coffee, Black, Fastest, Nightclub

This is the boutique coffee chain’s 37th store in the Phoenix metro area and 42nd in the state, reinforcing Black Rock’s rapid growth in Arizona.

Key Points: 
  • This is the boutique coffee chain’s 37th store in the Phoenix metro area and 42nd in the state, reinforcing Black Rock’s rapid growth in Arizona.
  • “We’ve always believed in fostering meaningful connections over exceptional coffee, and our commitment to these principles resonates deeply as we expand into Buckeye,” said Mark Davis, CEO Black Rock Coffee Bar.
  • “We invite the residents of Buckeye to join us in creating a vibrant hub where coffee lovers can gather, share stories and build lasting connections.”
    The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.
  • In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

Investors Sue Innodata Inc. (INOD) After Short Seller Accuses Company of “AI Washing” – Hagens Berman

Retrieved on: 
Wednesday, March 13, 2024
Inc., Research, News, AI, Person, Silicon, Goldengate, Wolfpack, IPOD

Innodata Inc. (INOD) Securities Fraud Class Action:

Key Points: 
  • Innodata Inc. (INOD) Securities Fraud Class Action:
    The litigation challenges Innodata’s claims about its AI technology and Goldengate platform, which the company calls a “proprietary, state-of-the-art” “core AI technology stack.”
    The complaint alleges that Innodata misrepresented and failed to disclose that: (1) Innodata did not have a viable AI technology; (2) its Goldengate AI platform is a rudimentary software developed by just a handful of employees; (3) it was not going to utilize AI to any significant degree for new Silicon Valley contracts; and (4) it was not effectively investing in research and development for AI.
  • If you invested in Innodata and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
    If you’d like more information and answers to frequently asked questions about the Innodata case and our investigation, read more »
    Whistleblowers: Persons with non-public information regarding Innodata should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
  • For more information, call Reed Kathrein at 844-916-0895 or email [email protected] .

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of March 19, 2024 in AlloVir, Inc. Lawsuit – ALVR

Retrieved on: 
Tuesday, March 12, 2024
NEXT, Fraud, Inc., Security (finance)

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of AlloVir, Inc.

Key Points: 
  • NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of AlloVir, Inc.
    Shareholders who purchased shares of ALVR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
  • DEADLINE: March 19, 2024 Shareholders should not delay in registering for this class action.
  • The deadline to seek to be a lead plaintiff is March 19, 2024.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

B. Riley Financial, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before March 25, 2024 to Discuss Your Rights – RILY

Retrieved on: 
Tuesday, March 12, 2024
NEXT, Fraud, Franchise Group, Inc., Security (finance)

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of B. Riley Financial, Inc.

Key Points: 
  • NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of B. Riley Financial, Inc.
    Shareholders who purchased shares of RILY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
  • DEADLINE: March 25, 2024 Shareholders should not delay in registering for this class action.
  • The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

Amplitude, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 15, 2024 to Discuss Your Rights – AMPL

Retrieved on: 
Tuesday, March 12, 2024
NEXT, AMPL, COVID-19, Fraud, Inc., Acceleration, Security (finance)

DEADLINE: April 15, 2024 Shareholders should not delay in registering for this class action.

Key Points: 
  • DEADLINE: April 15, 2024 Shareholders should not delay in registering for this class action.
  • WHY GROSS LAW FIRM?
  • The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.