Judgement

Altair Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

Altair believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to its financial condition and results of operations.

Key Points: 
  • Altair believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to its financial condition and results of operations.
  • The Company also believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing the Company’s financial measures with other software companies, many of which present similar non-GAAP financial measures to investors.
  • Altair urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company’s business.
  • Reconciliation tables of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables at the end of this release.

NCLA Lawsuit Seeks to Set Aside the Department of Labor’s Unlawful New Independent Contractor Rule

Retrieved on: 
Friday, April 26, 2024

Representing the family-owned company Colt & Joe Trucking, NCLA asks the court to overturn this rule, which leaves small businesses like theirs completely unable to hire independent contractors without risking FLSA liability.

Key Points: 
  • Representing the family-owned company Colt & Joe Trucking, NCLA asks the court to overturn this rule, which leaves small businesses like theirs completely unable to hire independent contractors without risking FLSA liability.
  • The Labor Department previously maintained a 2021 rule that generally allowed businesses to classify workers as independent contractors if they exercised independent judgment and control over their work and could profit as a result.
  • NCLA released the following statements:
    “The Department is replacing a simple standard for determining whether a worker is an independent contractor or employee under the Act with a vague and indecipherable one.
  • Rather than clarify the law, this rule seeks to obtain a political goal Congress did not adopt when enacting the FLSA, namely dramatically reducing the number of independent contractors.”

Apellis Announces Pegcetacoplan MAA Review Has Been Reset to Day 180 of Initial Assessment by European Medicines Agency (EMA)

Retrieved on: 
Friday, April 26, 2024

WALTHAM, Mass., April 26, 2024 (GLOBE NEWSWIRE) -- Apellis Pharmaceuticals, Inc. (Nasdaq: APLS) today announced that the European Medicines Agency (EMA) has reset the review of the marketing authorization application (MAA) for intravitreal pegcetacoplan for geographic atrophy to the last phase of the initial assessment (day 180).

Key Points: 
  • WALTHAM, Mass., April 26, 2024 (GLOBE NEWSWIRE) -- Apellis Pharmaceuticals, Inc. (Nasdaq: APLS) today announced that the European Medicines Agency (EMA) has reset the review of the marketing authorization application (MAA) for intravitreal pegcetacoplan for geographic atrophy to the last phase of the initial assessment (day 180).
  • The procedure is expected to be led by the original rapporteurs, and EMA has stated their intent to convene a new expert group meeting.
  • Apellis anticipates an opinion from the Committee for Medicinal Products for Human Use (CHMP) no later than July 2024.
  • Apellis will continue to work closely with EMA on the review of the pegcetacoplan marketing application.

Genie Energy to Report First Quarter 2024 Results

Retrieved on: 
Wednesday, April 24, 2024

NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2024 on Wednesday, May 8, 2024.

Key Points: 
  • NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2024 on Wednesday, May 8, 2024.
  • Genie Energy will issue an earnings release over a wire service and post it in the “Investors” section of the Genie Energy website ( https://genie.com/investors/quarterly-earnings/ ) at 7:30 AM Eastern.
  • At 8:30 AM Eastern, Genie Energy’s management will host a conference call to discuss financial and operational results, business outlook, and strategy.
  • In addition, a recording of the call will be available for playback on the “ Investors ” section of the Genie Energy website.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SeaStar Medical Holding Corporation - ICU

Retrieved on: 
Wednesday, April 24, 2024

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SeaStar Medical Holding Corporation (“SeaStar” or the “Company”) (NASDAQ: ICU).

Key Points: 
  • NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SeaStar Medical Holding Corporation (“SeaStar” or the “Company”) (NASDAQ: ICU).
  • The investigation concerns whether SeaStar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

TRC Amends Its Tender Offer for Johnson & Johnson

Retrieved on: 
Wednesday, April 17, 2024

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 1,000,000 common shares of Johnson & Johnson (the Company) and has decreased the offer price payable to US$142.88 per share from US$151.23 per share.

Key Points: 
  • TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 1,000,000 common shares of Johnson & Johnson (the Company) and has decreased the offer price payable to US$142.88 per share from US$151.23 per share.
  • These stockholders will receive the decreased offer price of US$142.88 per share in TRC’s tender offer.
  • TRC has amended its tender offer materials to reflect the decreased offer price and other relevant changes.
  • STOCKHOLDERS CAN OBTAIN A COPY OF THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO THE TENDER OFFER BY CONTACTING THE INFORMATION AGENT FOR THE OFFER, CNRA FINANCIAL SERVICES INC. AT (416) 861-9446.

Genco Shipping & Trading Limited Files Definitive Proxy Materials and Mails Letter to Shareholders

Retrieved on: 
Tuesday, April 16, 2024

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”), scheduled to be held on May 23, 2024. Shareholders of record as of March 28, 2024, will be entitled to vote at the meeting.

Key Points: 
  • The Genco Board unanimously concluded that he would not be additive to our already strong, focused and experienced Board.
  • The full text of the letter follows:
    We are reaching out because we want your vote “FOR" Genco’s director nominees at the upcoming Annual Meeting of Shareholders.
  • Through our Comprehensive Value Strategy, we have distributed sizeable dividends to shareholders, significantly reduced our debt and grown and modernized our fleet.
  • At the same time, we have taken important steps to uniquely position Genco to drive returns through volatile drybulk shipping market cycles.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SeaStar Medical Holding Corporation - ICU

Retrieved on: 
Tuesday, April 16, 2024

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SeaStar Medical Holding Corporation (“SeaStar” or the “Company”) (NASDAQ: ICU).

Key Points: 
  • NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SeaStar Medical Holding Corporation (“SeaStar” or the “Company”) (NASDAQ: ICU).
  • The investigation concerns whether SeaStar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of the publicly-traded common stock of Hanmi Financial Corporation – HAFC

Retrieved on: 
Monday, April 15, 2024

announces that the United States District Court for the Central District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers Hanmi Financial Corporation publicly-traded common stock (NASDAQ: HAFC):

Key Points: 
  • announces that the United States District Court for the Central District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers Hanmi Financial Corporation publicly-traded common stock (NASDAQ: HAFC):
    TO: ALL PERSONS AND ENTITIES WHO PURCHASED THE PUBLICLY-TRADED COMMON STOCK OF HANMI FINANCIAL CORPORATION (“HANMI”) FROM AUGUST 9, 2018 THROUGH APRIL 30, 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/Hanmi .
  • 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.

ADTRAN Holdings, Inc. to Present at the 19th Annual Needham Technology & Media Conference May 16, 2024

Retrieved on: 
Wednesday, May 1, 2024

ADTRAN Holdings, Inc ., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that Adtran representatives will be presenting at the 19th Annual Needham Technology & Media Conference on May 16, 2024.

Key Points: 
  • ADTRAN Holdings, Inc ., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that Adtran representatives will be presenting at the 19th Annual Needham Technology & Media Conference on May 16, 2024.
  • Adtran representatives will discuss company performance and current industry trends that may affect the market and Adtran’s business.
  • These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control.
  • Actual results could differ materially from those projected in the forward-looking statements.