Prejudice

Hankyung.com: A person who is sincere about "creating jobs" and how he signed an agreement with a city in the U.S.

Retrieved on: 
Friday, December 29, 2023

SEOUL, South Korea, Dec. 29, 2023 /PRNewswire/ -- This is an Interview with Baek Seong-wook, President of Knowledge Fun On by reporter Choi Su-jin from Hankyung.com:

Key Points: 
  • President Baek smiled while introducing the plaques displayed in his office, saying, "I've been lucky enough to receive many awards this year."
  • This is because he signed an MOU with the City of Fullerton, California, USA, to establish an employment platform.
  • He said the MOU was made possible because of the city's concern about the need for quality labor in their city.
  • The city of Fullerton is home to many Korean-Americans, so much so that the first Korean mayor was elected.

Applied Intuition Announces Favorable Resolution of Securities Complaint

Retrieved on: 
Thursday, December 28, 2023

The complaint alleged that the disclosures made in the preliminary proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the "SEC") on June 16, 2023, in connection with the Merger, contained false and misleading statements.

Key Points: 
  • The complaint alleged that the disclosures made in the preliminary proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the "SEC") on June 16, 2023, in connection with the Merger, contained false and misleading statements.
  • The complaint sought, among other forms of relief, a preliminary injunction to enjoin the Merger.
  • To resolve the Action, Plaintiffs and Defendants ultimately agreed that Embark would make certain additional disclosures, which Embark made in Amendment No.
  • On December 21, 2023, the Court entered an order closing the case, subject to Applied filing an affidavit with the Court confirming that this notice has been issued.

In NCLA Victory, Dep’t of Transportation Scraps Illegitimate Administrative Proceeding vs. gh Package

Retrieved on: 
Tuesday, December 19, 2023

The stipulated dismissal follows DOT’s dismissal of its administrative proceeding against gh Package with prejudice.

Key Points: 
  • The stipulated dismissal follows DOT’s dismissal of its administrative proceeding against gh Package with prejudice.
  • Rather than defend against these constitutional defects on the merits in a real federal court, DOT decided to dismiss its enforcement proceeding.
  • NCLA requested a preliminary injunction in August to stop the unconstitutional proceeding against gh.
  • Thanks to NCLA’s Cochran victory, family-owned businesses like gh can now fight back by challenging those illegitimate proceedings in federal court.

The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings, Inc. Securities

Retrieved on: 
Monday, December 18, 2023

announces that the United States District Court for the Northern District of Ohio-Eastern Division has approved the following announcement of a proposed class action settlement that would benefit purchasers of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings, Inc. securities (NYSE: CVIA, OTC: CVIAQ, and NYSE: FMSA):

Key Points: 
  • announces that the United States District Court for the Northern District of Ohio-Eastern Division has approved the following announcement of a proposed class action settlement that would benefit purchasers of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings, Inc. securities (NYSE: CVIA, OTC: CVIAQ, and NYSE: FMSA):
    ALL PERSONS WHO PURCHASED THE SECURITIES OF COVIA HOLDINGS CORPORATION F/K/A/ FAIRMOUNT SANTROL HOLDINGS, INC. (“COVIA”) FROM MARCH 10, 2016 THROUGH JUNE 29, 2020, BOTH DATES INCLUSIVE.
  • Box 230, Media, PA 19063; (Tel) (866) 274-4004; (Fax) (610) 565-7985; [email protected], or going to the website, www.strategicclaims.net/CVIA.
  • Unless you submit a written exclusion request, you will be bound by any judgment rendered in the Action whether or not you make a claim.
  • 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.

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023

Retrieved on: 
Wednesday, December 6, 2023

For the fiscal year ended September 30, 2023, Alico Citrus harvested 2.7 million boxes of fruit, a decrease of 51.5% from the prior year.

Key Points: 
  • For the fiscal year ended September 30, 2023, Alico Citrus harvested 2.7 million boxes of fruit, a decrease of 51.5% from the prior year.
  • Income from operations for the Land Management and Other Operations Division decreased for the fiscal year ended September 30, 2023, by $0.5 million, compared to the prior year.
  • General and administrative expense for the year ended September 30, 2023 was $10.6 million, compared to $10.1 million for the year ended September 30, 2022.
  • Other income, net, for the years ended September 30, 2023 and 2022 was $6.7 million and $37.8 million, respectively.

Faruqi & Faruqi, LLP Announces Pendency of Class Action Involving Purchasers of Tahoe Resources Inc. Common Stock

Retrieved on: 
Monday, November 27, 2023

LAS VEGAS, Nov. 27, 2023 (GLOBE NEWSWIRE) --  The following statement is being issued by Faruqi & Faruqi, LLP regarding Tahoe Resources Inc. Securities Litigation.

Key Points: 
  • LAS VEGAS, Nov. 27, 2023 (GLOBE NEWSWIRE) --  The following statement is being issued by Faruqi & Faruqi, LLP regarding Tahoe Resources Inc. Securities Litigation.
  • Settlement”).
  • The U.S. Court may change the date of the U.S. Settlement Hearing, or hold it telephonically, without providing another notice.
  • You do NOT need to attend the U.S. Settlement Hearing to receive a distribution from the U.S. Net Settlement Fund.

Adimab Announces Successful Resolution of Lawsuit Brought Against LinkedUp Bioscience and Tianti Biotherapeutics

Retrieved on: 
Thursday, December 21, 2023

In return for undisclosed consideration to Adimab, Adimab has withdrawn its claims that the LinkedUp parties misappropriated Adimab technology or breached any confidentiality agreement, and the LinkedUp parties shall have the unfettered right to continue using their technology as it exists today.

Key Points: 
  • In return for undisclosed consideration to Adimab, Adimab has withdrawn its claims that the LinkedUp parties misappropriated Adimab technology or breached any confidentiality agreement, and the LinkedUp parties shall have the unfettered right to continue using their technology as it exists today.
  • Similarly, LinkedUp and its related parties have withdrawn their counterclaims, including unfair and deceptive trade practices, intentional interference with business relationships, and infliction of emotional distress.
  • Our partners know that we bring unique technology and expertise to our efforts,” added Philip T. Chase, Chief Executive Officer of Adimab.
  • Bispecifics and T-cell engagers: Adimab has extensive bispecific and multispecific capabilities, including common light chain and fragment-based discovery and engineering.

Pacific Coast Oil Trust Announces There Will Be No December Cash Distribution

Retrieved on: 
Monday, December 18, 2023

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

THE LAWFARE PROJECT ANNOUNCES SIGNIFICANT VICTORY IN DEFAMATION LAWSUIT BEFORE ONTARIO SUPERIOR COURT OF JUSTICE

Retrieved on: 
Tuesday, December 26, 2023

TORONTO, Dec. 26, 2023 /PRNewswire/ --The Lawfare Project (LP) is proud to announce a significant victory in a defamation lawsuit advanced by its client, Shai DeLuca, against Foodbenders and its proprietor, Kimberly Hawkins. LP was joined by attorneys David Elmaleh and Aaron Rosenberg of RE-LAW LLP in Toronto in this action before the Ontario Superior Court of Justice.

Key Points: 
  • LP was joined by attorneys David Elmaleh and Aaron Rosenberg of RE-LAW LLP in Toronto in this action before the Ontario Superior Court of Justice.
  • "The victory underscores that there will be legal repercussions for those who defame Jewish people, under the guise of 'Palestinian advocacy,'" said Brooke Goldstein, founder and Executive Director of The Lawfare Project.
  • "We are proud to have facilitated the legal representation of Shai DeLuca, who bravely stood up against bigotry and hatred, and who won a significant victory in court against Jew-hatred.
  • We are fighting a global war for our values, our people and our homeland and we will win."

iAnthus Provides Update to Litigation Claim

Retrieved on: 
Friday, December 22, 2023

Hi-Med sought damages and other remedies against iAnthus for, among other things, alleged breaches of the Unsecured Debenture and the related Debenture Purchase Agreement.

Key Points: 
  • Hi-Med sought damages and other remedies against iAnthus for, among other things, alleged breaches of the Unsecured Debenture and the related Debenture Purchase Agreement.
  • Effective on December 12, 2023, iAnthus and Hi-Med settled the litigation pursuant to a settlement agreement on terms that provide for, among other things, the issuance of 20,000,000 shares of the Company's common stock, no par value per share (the "Shares") to Hi-Med.
  • Further to the settlement agreement, applicable filings are to be made in the U.S. District Court for the Southern District of New York to dismiss Hi-Med's claim with prejudice.
  • The Shares will be issued pursuant to a prospectus and registration exemption under Canadian securities law and will be subject to a Canadian holding period expiring four months and a day from the date of issuance.