Legal

Robins Kaplan LLP Files Complaint Against Social Media Giants Meta, Snap, TikTok on Behalf of Spirit Lake Nation, Menominee Indian Tribe of Wisconsin

Retrieved on: 
Tuesday, April 9, 2024

Today, Robins Kaplan LLP filed a first-of-its-kind lawsuit on behalf of the Spirit Lake Tribe in North Dakota and the Menominee Indian Tribe of Wisconsin against entities that include Facebook and Instagram parent company Meta Platforms, Inc., Snap Inc., TikTok parent company ByteDance, and Alphabet Inc., which owns YouTube and Google.

Key Points: 
  • Today, Robins Kaplan LLP filed a first-of-its-kind lawsuit on behalf of the Spirit Lake Tribe in North Dakota and the Menominee Indian Tribe of Wisconsin against entities that include Facebook and Instagram parent company Meta Platforms, Inc., Snap Inc., TikTok parent company ByteDance, and Alphabet Inc., which owns YouTube and Google.
  • The complaint alleges that rampant social media addiction for Native American teenagers is contributing to suicide rates that are staggeringly higher than their adolescent counterparts.
  • The Center for Native American Youth notes that Tribal teen suicide rates are roughly 3.5 times higher than the national average in the United States.
  • We are demanding these social media corporations take responsibility for intentionally creating dangerous features that ramp up the compulsive use of social media by the youth on our Reservation.”
    The complaint details how U.S.

WellRithms Publishes White Paper Exposing Flaws in Reference-Based Pricing and Introduces Superior Alternative

Retrieved on: 
Tuesday, April 9, 2024

WellRithms , the industry leading payment integrity firm, today released a provocative white paper, revealing the startling, inherent flaws of reference-based pricing (RBP) and introducing Sustainable Claims Pricing™ (SCP) as a superior alternative.

Key Points: 
  • WellRithms , the industry leading payment integrity firm, today released a provocative white paper, revealing the startling, inherent flaws of reference-based pricing (RBP) and introducing Sustainable Claims Pricing™ (SCP) as a superior alternative.
  • “Why Reference-Based Pricing has been Leapfrogged ” unwraps the failures of RBP to deliver on its promise for transparent and predictable healthcare costs.
  • “SCP offers payors a solution that guarantees savings while promoting transparency and reducing the risk of litigation,” continues Dr. Weintraub.
  • “This white paper advances greater appreciation of the historical roots of RBP, its limitations and the evolving landscape of healthcare payment strategies.

INRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Inrad Optics, Inc. Is Fair to Shareholders

Retrieved on: 
Tuesday, April 9, 2024

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.
  • On behalf of Inrad shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Provana and BEN Sign Partnership to Revolutionize Business Process Management with AI Integration

Retrieved on: 
Tuesday, April 9, 2024

Provana , a highly specialized knowledge process management provider and Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, announced today a partnership that will enable BEN’s AI assistants to be integrated with Provana’s contact center solutions.

Key Points: 
  • Provana , a highly specialized knowledge process management provider and Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, announced today a partnership that will enable BEN’s AI assistants to be integrated with Provana’s contact center solutions.
  • This strategic partnership aims to optimize compliance and business process management (BPM) across a variety of industries, including health insurance, personal injury, and credit servicing.
  • Provana, a pioneer and industry leader in the credit and collections, legal servicing, healthcare, and revenue cycle management sectors, along with BEN have begun crafting multiple use cases to deploy using the BEN conversational AI platform.
  • “By collaborating with Provana, we believe we are poised to develop game-changing solutions that redefine compliance and business process management operations,” said BEN Chief Executive Officer, Michael Zacharski.

CFRA announces key leadership changes to drive next-level growth; elevates Theresa Torian to CEO

Retrieved on: 
Tuesday, April 9, 2024

CFRA , one of the world’s leading providers of independent investment research, today announced several changes to its leadership team to bolster its client-first strategy, enhance leadership depth, and drive next-level growth.

Key Points: 
  • CFRA , one of the world’s leading providers of independent investment research, today announced several changes to its leadership team to bolster its client-first strategy, enhance leadership depth, and drive next-level growth.
  • “For the past decade as owner and operator of CFRA, I have put all my energies into building this company into a global leader.
  • The most satisfying part of this journey has been hiring, cultivating, and working alongside talented executives who can propel CFRA to new heights.
  • Today’s organizational changes, highlighted by Theresa Torian’s appointment to CEO, will do just that,” said Peter de Boer, Executive Chairman.

Robbins LLP Urges Evolv Technologies Holdings, Inc. (EVLV) Stockholders with Large Losses to Contact the Firm for Information about the Evolv Technologies Holdings, Inc. Class Action

Retrieved on: 
Tuesday, April 9, 2024

Evolv describes itself as a “leader in Artificial Intelligence (“AI”)-based weapons detection for security screening."

Key Points: 
  • Evolv describes itself as a “leader in Artificial Intelligence (“AI”)-based weapons detection for security screening."
  • For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • The Allegations: Robbins LLP is Investigating the Allegations that Evolv Technologies Holdings, Inc. (EVLV) Overstated the Efficacy of its Products
    On or around July 19, 2021, Evolv went public through a SPAC merger with Newhold Investment Corp.
  • A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.

Mike McNamara, Former CEO of Dentons US, Joins Baretz+Brunelle as Chief Executive Officer and Partner

Retrieved on: 
Tuesday, April 9, 2024

Baretz+Brunelle, a growth advisory firm to businesses in the legal industry, announced today that Mike McNamara , former CEO of Dentons US, will become its first chief executive officer.

Key Points: 
  • Baretz+Brunelle, a growth advisory firm to businesses in the legal industry, announced today that Mike McNamara , former CEO of Dentons US, will become its first chief executive officer.
  • View the full release here: https://www.businesswire.com/news/home/20240409182492/en/
    “Mike is a transformational leader whose addition immediately transforms Baretz+Brunelle,” said Spencer Baretz , co-founder of B+B.
  • “No one is more qualified to advise growth-seeking clients than Mike, who has lived the experience in a way few have.
  • Appointed as CEO of Dentons US in 2017 following six years as managing partner, he led a region that delivered nearly a third of Dentons’ global revenue.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of HireRight Holdings Corporation (HRT) Investors

Retrieved on: 
Tuesday, April 9, 2024

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased HireRight Holdings Corporation (“HireRight” or the “Company”) (NYSE: HRT ) securities pursuant and/or traceable to the Offering Documents issued in connection with HireRight’s October 2021 initial public offering (the “IPO” or “Offering”).

Key Points: 
  • Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased HireRight Holdings Corporation (“HireRight” or the “Company”) (NYSE: HRT ) securities pursuant and/or traceable to the Offering Documents issued in connection with HireRight’s October 2021 initial public offering (the “IPO” or “Offering”).
  • HireRight investors have until June 3, 2024 to file a lead plaintiff motion.
  • Investors suffering losses on their HireRight investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • On November 1, 2021, HireRight conducted its IPO, selling approximately 22 million shares of common stock at $19.00 per share.

Best’s Insurance Law Podcast Investigates Advantages of Mediation and Alternative Dispute Resolution in Resolving Claims

Retrieved on: 
Tuesday, April 9, 2024

AM Best and Best’s Insurance Professional Resources have released the latest installment of the Best's Insurance Law Podcast series, which examines timely insurance issues from a legal perspective.

Key Points: 
  • AM Best and Best’s Insurance Professional Resources have released the latest installment of the Best's Insurance Law Podcast series, which examines timely insurance issues from a legal perspective.
  • The latest episode features attorney Greg Lewis from the law firm Vernis & Bowling of Charlotte, NC, as he discusses the advantage of alternative dispute resolution in the litigation process.
  • Vernis & Bowling is a Qualified Member in Best’s Insurance Professional Resources, an insurance industry resource that has featured qualified legal counsel, independent insurance adjusting services and expert service providers since 1929.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Hotshot Announces Launch of GenAI Fundamentals for Lawyers Certificate Program

Retrieved on: 
Tuesday, April 9, 2024

Hotshot, the video-based learning platform for lawyers used by dozens of Am Law 100 firms, law schools, and corporate legal departments, today announced the launch of its new certificate program, GenAI Fundamentals for Lawyers .

Key Points: 
  • Hotshot, the video-based learning platform for lawyers used by dozens of Am Law 100 firms, law schools, and corporate legal departments, today announced the launch of its new certificate program, GenAI Fundamentals for Lawyers .
  • The program was created in response to overwhelming interest from organizations looking for an effective way to deliver foundational training in Generative AI to their lawyers, students, and business professionals.
  • Anyone that completes the program will earn a certificate they can share on LinkedIn, and lawyers can earn CLE technology or general credits depending on the jurisdiction.
  • For more information about the GenAI Fundamentals for Lawyers certificate program and Hotshot’s broader Artificial Intelligence topic please visit www.hotshotlegal.com .