United States Securities Regulation

ATTENTION NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTORS: The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of BANCWEST INVESTMENT SERVICES CUSTOMERS

Retrieved on: 
Monday, August 2, 2021

SAN FRANCISCO, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), commences an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Bancwest Investment Services, which is a subsidiary of BNP Paribass (BNPQY: U.S. OTC) Bank of the West.

Key Points: 
  • SAN FRANCISCO, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), commences an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Bancwest Investment Services, which is a subsidiary of BNP Paribass (BNPQY: U.S. OTC) Bank of the West.
  • In 2019, Northstar owner Greg Lindberg was indicted on federal wire fraud and bribery charges, and he is currently serving in prison after his conviction last year.
  • The sole purpose of this release is to investigate potential FINRA arbitration claims relating to Bancwest Investment Servicess sales practices concerning Northstar Financial Services (Bermuda).
  • KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters.

ATTENTION NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTORS: The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of CETERA INVESTMENT SERVICES CUSTOMERS

Retrieved on: 
Monday, August 2, 2021

MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Cetera Investment Services and other full-service brokerage firms.

Key Points: 
  • MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Cetera Investment Services and other full-service brokerage firms.
  • In 2019, Northstar owner Greg Lindberg was indicted on federal wire fraud and bribery charges, and he is currently serving in prison after his conviction last year.
  • The sole purpose of this release is to investigate potential FINRA arbitration claims relating to Cetera Investment Servicess sales practices concerning Northstar Financial Services (Bermuda).
  • KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters.

ATTENTION NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTORS: The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of BANKOH INVESTMENT SERVICES CUSTOMERS

Retrieved on: 
Monday, August 2, 2021

HONOLULU, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), commences an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Bank of Hawaiis (NYSE: BOH) subsidiary, Bankoh Investment Services.

Key Points: 
  • HONOLULU, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), commences an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Bank of Hawaiis (NYSE: BOH) subsidiary, Bankoh Investment Services.
  • In 2019, Northstar owner Greg Lindberg was indicted on federal wire fraud and bribery charges, and he is currently serving in prison after his conviction last year.
  • The sole purpose of this release is to investigate potential FINRA arbitration claims relating to Bankoh Investment Services sales practices concerning Northstar Financial Services (Bermuda).
  • KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters.

ATTENTION NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTORS: The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of COMMUNITYAMERICA FINANCIAL SOLUTIONS CUSTOMERS

Retrieved on: 
Monday, August 2, 2021

KANSAS CITY, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through CommunityAmerica Financial Solutions (CommunityAmerica) and other full-service brokerage firms.

Key Points: 
  • KANSAS CITY, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through CommunityAmerica Financial Solutions (CommunityAmerica) and other full-service brokerage firms.
  • In 2019, Northstar owner Greg Lindberg was indicted on federal wire fraud and bribery charges, and he is currently serving in prison after his conviction last year.
  • The sole purpose of this release is to investigate potential FINRA arbitration claims relating to CommunityAmericas sales practices concerning Northstar Financial Services (Bermuda).
  • KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters.

RLX Technology, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Retrieved on: 
Saturday, July 31, 2021

LOS ANGELES, July 30, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of RLX Technology, Inc. (NYSE: RLX) investors that acquired shares in connection with its January 2021 initial public stock offering. Investors have until August 9, 2021 to seek an active role in this litigation.

Key Points: 
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • RLX and certain of its executives are charged with failing to disclose, in its IPO Registration Statement and Prospectus, material information violating federal securities laws.
  • If you wish to serve as lead plaintiff, you must move the Court no later than August 9, 2021.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Eastside Distilling, Inc. Announces Exercise of Existing Warrants and Issuance of Warrants in Private Placement

Retrieved on: 
Monday, August 2, 2021

The new warrants have substantially the same terms as the existing warrants, except that the new warrants have an exercise price of $3.00 per share and are exercisable five years after they become exercisable.

Key Points: 
  • The new warrants have substantially the same terms as the existing warrants, except that the new warrants have an exercise price of $3.00 per share and are exercisable five years after they become exercisable.
  • The Company previously filed and made available to our stockholders our proxy statement and related proxy materials on July 6, 2021, which contained six proposals.
  • The Company received approximately $2.385 million in cash proceeds from the exercise of the existing warrants.
  • The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended, or applicable under state securities laws.

Cellectis to Hold Second Quarter 2021 Earnings Call on Friday, August 6, 2021 at 8AM EDT

Retrieved on: 
Thursday, July 29, 2021

The announcement will be followed by a conference call at 8:00 AM EDT / 2:00 PM CET on Friday, August 6, 2021, prior to the open of the US market.

Key Points: 
  • The announcement will be followed by a conference call at 8:00 AM EDT / 2:00 PM CET on Friday, August 6, 2021, prior to the open of the US market.
  • Cellectis headquarters are in Paris, France, with locations in New York, New York and Raleigh, North Carolina.
  • Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS).
  • This presentation contains forward-looking statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against DiDi Global Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Retrieved on: 
Thursday, July 29, 2021

The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against DiDi Global Inc. (DiDi or the Company) (NYSE: DIDI ) for violations of the federal securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against DiDi Global Inc. (DiDi or the Company) (NYSE: DIDI ) for violations of the federal securities laws.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

SEC Charges Unlicensed Broker With Defrauding Investors

Retrieved on: 
Wednesday, July 28, 2021

According to the complaint, Rupp raised over $2.2 million from about 20 investors who lacked significant investment experience by misrepresenting that he was a licensed securities professional, he would generate profits for investors by trading on their behalf, and investors principal was protected from losses.

Key Points: 
  • According to the complaint, Rupp raised over $2.2 million from about 20 investors who lacked significant investment experience by misrepresenting that he was a licensed securities professional, he would generate profits for investors by trading on their behalf, and investors principal was protected from losses.
  • Investors allegedly lost most of their money, including retirement funds, through Rupps fraud.
  • As alleged in the complaint, Rupp solicited Main Street investors and depleted their retirement savings by using fake credentials and false documents showing extremely high returns, said Jennifer S. Leete, Associate Director of the SEC Enforcement Division.
  • The SECs complaint charges Rupp with violating the antifraud provisions of the federal securities laws and acting as an unregistered broker, and seeks disgorgement of ill-gotten gains plus interest, a penalty, and injunctive relief.

Cornerstone Research: Number of Securities Class Action Filings Falls to Lowest Level Since 2015

Retrieved on: 
Wednesday, July 28, 2021

This was the lowest number of filings since the first half of 2015, according to a report released today by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse .

Key Points: 
  • This was the lowest number of filings since the first half of 2015, according to a report released today by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse .
  • Federal and state court class actions alleging claims under the Securities Act of 1933 also declined, continuing the trend observed in 2020.
  • The report also found a sharp decline in the number of 1933 Act filings in state rather than federal court, continuing the trend observed in the Securities Class Action Filings2020 Year in Review .
  • "The better the market for investors, the worse the market for class action securities lawyers," observed Joseph A. Grundfest , director of the Stanford Law School Securities Class Action Clearinghouse, and a former commissioner of the Securities and Exchange Commission.