Prudent

Sharestates Wins Landmark Decision Enforcing Mortgage Integrity

Retrieved on: 
Thursday, March 21, 2024

To remedy inequities in the business purpose lending space and bolster the enforcement of its mortgages, Sharestates has made compelling arguments about mortgage validity in unique situations.

Key Points: 
  • To remedy inequities in the business purpose lending space and bolster the enforcement of its mortgages, Sharestates has made compelling arguments about mortgage validity in unique situations.
  • In another recent case, the Housing Trust Fund Corporation (HTFC) attempted to void a Sharestates mortgage due to reversionary rights it had in the historical chain of title.
  • The Judge ruled that indemnification language in the reversionary clause evidenced the HTFC clearly contemplated that the properties would be mortgaged and such mortgages should remain on the properties after "automatic reversion", ultimately enforcing the Sharestates mortgage.
  • Sharestates General Counsel Amy Doshi stated, "These victories underscore Sharestates' commitment to upholding the legal integrity of its paper, reducing exposure to fraud, and protecting the interests of its investors.

Labor Law Firms Zakay Law Group, APLC and JCL Law Firm, APC File Class Action Against Prudent Security Solutions Inc. Alleging Wage and Hour Violations

Retrieved on: 
Thursday, March 30, 2023

LOS ANGELES, March 30, 2023 /PRNewswire-PRWeb/ -- The Los Angeles labor law attorneys, at Zakay Law Group, APLC and JCL Law Firm, APC, filed a class action complaint against Prudent Security Solutions Inc. ("Prudent Security Solutions") for allegedly failing to provide employees with timely, off-duty meal and rest periods. The class action lawsuit, Case No. 23STCV04656, is currently pending in the Los Angeles County Superior Court of the State of California. A copy of the complaint can be read here.

Key Points: 
  • LOS ANGELES, March 30, 2023 /PRNewswire-PRWeb/ -- The Los Angeles labor law attorneys, at Zakay Law Group, APLC and JCL Law Firm, APC , filed a class action complaint against Prudent Security Solutions Inc. ("Prudent Security Solutions") for allegedly failing to provide employees with timely, off-duty meal and rest periods.
  • As such, Prudent Security Solutions allegedly failed to pay its employees the applicable minimum wage for all hours worked in a payroll period.
  • If you would like to know more about the Prudent Security Solutions lawsuit, please contact Attorney Jackland Hom today by calling (619) 255-9047.
  • Contact one of their attorneys today if you need help with workplace issues regarding wage and hour, wrongful termination, retaliation, discrimination, and harassment.

MSP Recovery Enters Into Agreement With Prudent Group To Monetize Up to $250 Million in Certain Property & Casualty Claim Recoveries on a Non-Recourse Basis

Retrieved on: 
Monday, July 4, 2022

MSPR typically pays the assignors 50% of such recoveries (the Assignor Interest) and retains the rest (the MSPR Recovery Proceeds).

Key Points: 
  • MSPR typically pays the assignors 50% of such recoveries (the Assignor Interest) and retains the rest (the MSPR Recovery Proceeds).
  • Pursuant to the agreement with Prudent Group, at MSPRs sole and absolute discretion, Prudent Group will acquire, on a non-recourse basis, MSPRs Net Recovery Interest relating to the individual claim demand letters.
  • If directed by MSPR, Prudent Group would acquire MSPRs Net Recovery Interest at a rate of 90% of $300, totaling $270 (the Principal).
  • We are thrilled to enter into this ground-breaking $250 million deal with Prudent Group, which can monetize those claims at 90% of the paid amount.

Prudent American Technologies Announces New VP of Sales, Kelsey Keller

Retrieved on: 
Monday, June 13, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220613005538/en/
    Kelsey Keller has been promoted to VP of Sales at Prudent American Technologies.
  • (Photo: Business Wire)
    Previously, Mrs. Keller served as National Accounts Manager at Prudent American Technologies.
  • Mrs. Keller was a member of the Molding Solutions, Inc. team before its merger with Chiptec, LLC to form Prudent American Technologies.
  • Prudent American Technologies knows highly engineered plastics and precision machined metal products, said Kelsey Keller, VP of Sales, Prudent American Technologies.

Prudent American Technologies Announces New CEO, Al Haase

Retrieved on: 
Monday, May 16, 2022

Prudent American Technologies, a premier USA-based contract manufacturer of highly engineered injection molded plastics and precision machined products, is pleased to announce the appointment of Al Haase as Chief Executive Officer.

Key Points: 
  • Prudent American Technologies, a premier USA-based contract manufacturer of highly engineered injection molded plastics and precision machined products, is pleased to announce the appointment of Al Haase as Chief Executive Officer.
  • Prior to Prudent American Technologies, he held positions at PCX Aerosystems as President & CEO, Ericsson as Vice President, Andrew Corp. as Group President, and, most recently, at Domaille Engineering as President & CEO.
  • Tom Harbison, Chairman of the Board, Prudent American Technologies, said, We are excited to have Al join the Prudent American Technologies team.
  • Prudent American Technologies is in a solid position to leverage their current skills producing complex, high quality injection molded and precision machined parts, as well as to grow into new areas, said Al Haase, CEO, Prudent American Technologies.

DAIM's Use of Trusts Provides Benefits to Digital Asset Owners

Retrieved on: 
Wednesday, March 30, 2022

NEWPORT BEACH, Calif., March 25, 2022 /PRNewswire/ -- Digital Asset Investment Management, LLC ( www.DAIM.io ), a leading digital asset management firm recommends using a Trust for protecting, streamlining, and maintaining privacy for your digital assets near and long-term.

Key Points: 
  • NEWPORT BEACH, Calif., March 25, 2022 /PRNewswire/ -- Digital Asset Investment Management, LLC ( www.DAIM.io ), a leading digital asset management firm recommends using a Trust for protecting, streamlining, and maintaining privacy for your digital assets near and long-term.
  • With the advent of Cryptocurrencies in the past decade plus, owners of digital assets need to utilize the best methods available.
  • A properly administered Trust will ensure that your digital assets transfer to your beneficiaries quickly and easily, while avoiding expensive Probate.
  • A licensed digital asset advisor and Trust attorney can also assist you in the transition of the assets to your beneficiaries or to continue managing them for the beneficiaries.

Kovitz Newsletter Celebrates Major Anniversary

Retrieved on: 
Monday, March 7, 2022

CHICAGO, March 7, 2022 /PRNewswire/ --Chicago-based Kovitz Investment Group Partners, LLC("Kovitz"), a value-based wealth management provider, is pleased to celebrate the 45th anniversary of The Prudent Speculator , a leading investment newsletter published by the firm.

Key Points: 
  • CHICAGO, March 7, 2022 /PRNewswire/ --Chicago-based Kovitz Investment Group Partners, LLC("Kovitz"), a value-based wealth management provider, is pleased to celebrate the 45th anniversary of The Prudent Speculator , a leading investment newsletter published by the firm.
  • But one thing has remained the same the newsletter continues to relentlessly produce monthly content for its bargain hunter subscribers and clients.
  • In celebration of its 40th anniversary in 2017, Hulbert dubbed The Prudent Speculator "The Little Newsletter That Crushed the Market."
  • To celebrate the 45th anniversary of the newsletter, Kovitz is offering $45 off a one-year subscription .

Pierce Aerospace Partners with Prudent American Technologies to Win US Navy Contract, Expand Manufacturing

Retrieved on: 
Thursday, November 11, 2021

The relationship expands Pierce Aerospaces manufacturing capabilities and increases Prudent Americans IoT development capabilities.

Key Points: 
  • The relationship expands Pierce Aerospaces manufacturing capabilities and increases Prudent Americans IoT development capabilities.
  • Through the partnership, Pierce Aerospace expands its capabilities to build and deliver dual-use Remote ID and Combat ID products with Prudent Americans 70 years of manufacturing experience and 100,000 square feet of manufacturing facilities in Lexington, Kentucky and Decatur, Alabama.
  • Prudent American expands their IoT capabilities via Pierce Aerospaces background in IoT development, standards, system integration, and dual-use product innovation.
  • The team of Pierce Aerospace, Guardian Systems, and Prudent American has been created to deliver the high quality, made-in-the-USA solutions that are needed to explore new opportunities, mitigate threats, and respond to dangerous situations.

Investments & Wealth Institute's New Alliance Expands Member Benefits to Include Fiduciary Expertise.

Retrieved on: 
Wednesday, October 20, 2021

The Fi360 Accredited Investment Fiduciary (AIF) Designation is a professional certification that demonstrates a fundamental understanding of the principles of fiduciary duty, the standards of conduct for acting as a fiduciary, and a process for carrying out fiduciary responsibility.

Key Points: 
  • The Fi360 Accredited Investment Fiduciary (AIF) Designation is a professional certification that demonstrates a fundamental understanding of the principles of fiduciary duty, the standards of conduct for acting as a fiduciary, and a process for carrying out fiduciary responsibility.
  • Adding, "our alliance with Broadridge is a natural fit, with our focus on excellence and ethics and their focus on prudent fiduciary practices.
  • Like us, the Investments & Wealth Institute values relevant and impactful fiduciary education and technology thats important in todays evolving financial management landscape, said John Faustino, Head of Broadridges fiduciary certification and training solutions.
  • Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider, and standards body for financial advisors.

Prudent American Technologies Announces Pauldron Recoil Reduction System for Reducing AR and Rifle Recoil Up to 85%

Retrieved on: 
Wednesday, July 14, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210714005552/en/
    The Pauldron Recoil Reduction System from Prudent American Technologies and Knight Technical Solutions is a ground-breaking family of AR Buffers and Stock Inserts that absorb the majority of recoil, enabling hunters, competitive shooters, and soldiers to perform without shoulder pain.
  • The Pauldron Recoil Reduction System offers shooters a powerful, modern solution for their recoil protection needs, said Kevin Hambrice, VP Sales and Marketing at Prudent American Technologies.
  • For more information, visit http://www.kts-hsv.com/
    Prudent American Technologies, Inc. is a premier American manufacturer of highly engineered plastics and CNC machined metal components.
  • Prudent American is committed to delivering quality and is certified to ISO 9001:2015, AS9011D, ITAR, ANAB (American National Standards Board), and NSF (National Sanitation Foundation) standards.