Madoff investment scandal

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) Investors with Losses to Contact Its Attorneys, Fund Halts Redemptions and Suspends Chief Investment Officer

Wednesday, March 3, 2021 - 12:12am

SAN FRANCISCO, March 02, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) (the Fund) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 02, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) (the Fund) investors with significant losses to submit your losses now .
  • A securities fraud class action has been filed after advisor Infinity Q Capital Management announced it is shutting down the Fund.
  • The truth emerged on Feb. 22, 2021, when the advisor and Fund filed an application with the SEC seeking permission to suspend Fund share redemptions.
  • Were focused on investors losses and proving defendants intentionally inflated the funds NAV, said Reed Kathrein, the Hagens Berman partner leading the investigation.

MPLN Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies MultiPlan Corporation Investors of Class Action and Encourages Shareholders to Contact the Firm

Tuesday, March 2, 2021 - 3:00pm

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

Key Points: 
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, and failed to disclose material adverse facts to investors.
  • If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/mpln or you may contact Peretz Bronstein, Esq.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.

INFINITY Q ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm

Tuesday, March 2, 2021 - 2:00am

Investors have until April 27, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until April 27, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • The request also stated that the Fund was liquidating its portfolio and distributing its assets to shareholders.
  • When the true details entered the market, the lawsuit claims that investors suffered damages.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

EH Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds EHang Holdings Limited Investors of Class Action and Encourages Shareholders to Contact the Firm

Monday, March 1, 2021 - 4:00pm

Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/eh .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/eh .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, and failed to disclose to investors material adverse information.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.

MassMutual Reports Excellent 2020 Results, Including Strong Financial Performance and Strategic Progress

Friday, February 26, 2021 - 3:00pm

Massachusetts Mutual Life Insurance Company (MassMutual) today reported strong financial results1 for 2020 including sales, earnings and capital growth while making excellent progress on its strategy and providing support to its stakeholders in a year marked by extraordinary environmental challenges.

Key Points: 
  • Massachusetts Mutual Life Insurance Company (MassMutual) today reported strong financial results1 for 2020 including sales, earnings and capital growth while making excellent progress on its strategy and providing support to its stakeholders in a year marked by extraordinary environmental challenges.
  • MassMutual also maintained its excellent financial strength and flexibility through periods of intense volatility and market uncertainty.
  • Despite these headwinds, MassMutual delivered another year of strong results, driven by our unwavering financial strength, broad portfolio of holistic solutions powered by a simplified digital experience, and operational agility from our dedicated financial professionals and employees.
  • MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners.

MassMutual Launches $50 Million MM Catalyst Fund to Spur Job Creation and Business Growth Among Diverse Entrepreneurs in the Commonwealth of Massachusetts

Thursday, February 25, 2021 - 4:27pm

Massachusetts Mutual Life Insurance Company (MassMutual) today announced the launch of the MM Catalyst Fund LLC (MMCF), a $50 million investment commitment earmarked for businesses across Massachusetts.

Key Points: 
  • Massachusetts Mutual Life Insurance Company (MassMutual) today announced the launch of the MM Catalyst Fund LLC (MMCF), a $50 million investment commitment earmarked for businesses across Massachusetts.
  • The MMCF will build a portfolio of early and mid-stage companies with investment sizes of 250K to $2.5 million each.
  • This initiative will serve as a catalyst to strengthen Massachusetts in less economically developed areas of the state through employment and business growth.
  • Strong and sustainable investment outcomes for entrepreneurs in addition to social and community goals will be a focus.

KPMG Deploys AMA XpertEye's Technology For Remote Inventory Review

Wednesday, February 24, 2021 - 6:35pm

By implementing the use of AMA XpertEye's technology software on the RealWear HMT-1, KPMG's deployment enables inventory observations to be conducted from remote locations, enhancing accuracy while mitigating many travel and logistical issues, as well as health and safety concerns.

Key Points: 
  • By implementing the use of AMA XpertEye's technology software on the RealWear HMT-1, KPMG's deployment enables inventory observations to be conducted from remote locations, enhancing accuracy while mitigating many travel and logistical issues, as well as health and safety concerns.
  • The technology allows off-site auditors to view and interact with the inventory observation in real time, enabling a more efficient resolution of issues and reducing travel costs.
  • Audit teams can direct and observe inventory activities to confirm inventory amounts.
  • KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services.

SEC Charges Two Former KPMG Auditors for Improper Professional Conduct During Audit of Not-for-Profit College

Tuesday, February 23, 2021 - 4:12pm

Washington, D.C.--(Newsfile Corp. - February 23, 2021) - The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - February 23, 2021) - The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.
  • The SEC previously charged the colleges former controller with fraud in connection with the colleges fiscal year 2015 financial statements.
  • As described in the orders, KPMGs work on the audit had stalled because the colleges former controller had provided the audit team with inaccurate, incomplete, and contradictory information.
  • We will investigate auditors conduct in municipal audits and, where appropriate, hold them accountable when they act improperly.

Investor Alert: Kaplan Fox Investigates Potential Securities Fraud at CleanSpark, Inc.

Friday, February 19, 2021 - 7:09pm

A complaint has been filed on behalf of investors who purchased CleanSpark securities between December 31, 2020 and January 14, 2021 (the Class Period).

Key Points: 
  • A complaint has been filed on behalf of investors who purchased CleanSpark securities between December 31, 2020 and January 14, 2021 (the Class Period).
  • On January 14, 2021, Culper Research published a report entitled "Cleanspark (CLSK): Back to the Trash Can."
  • Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions.
  • For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com .

FUBOTV ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against fuboTV, Inc. and Encourages Investors to Contact the Firm

Friday, February 19, 2021 - 2:00am

Investors have until April 19, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until April 19, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • The complaint, filed on February 17, 2021, alleges that during the Class Period defendants disseminated false and misleading statements that misrepresented Fubos financial health and its operating condition.
  • Investors learned the truth gradually through a series of research reports beginning on December 23, 2020.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.