Madoff investment scandal

SHAREHOLDER ALERT: Robbins LLP Announces That PureCycle Technologies, Inc. (PCT) is Being Sued for Misleading Shareholders

Legal, Professional services, Companies, Economy of the United States, AT&T, Bell System, Primary dealers, Subprime mortgage crisis, Madoff investment scandal
Friday, May 14, 2021 - 12:50am

The complaint against the Company and its officers and directors alleges violations of the Securities Exchange Act of 1934 between December 16, 2020 and April 19, 2021.

Key Points: 
  • The complaint against the Company and its officers and directors alleges violations of the Securities Exchange Act of 1934 between December 16, 2020 and April 19, 2021.
  • At that time, PureCycle claimed it was modeling for its revenue to hit $8 million in 2022 as its first plant came on line.
  • The Company expected revenues to ramp up to $224 million in 2023 with its first five plants and $800 million in 2024.
  • Shareholders approved the merger on March 16, 2021.\nThese statements, however, were false and misleading.

Vallon Pharmaceuticals Appoints Leanne Kelly as Chief Financial Officer

Amstelveen, KPMG, Madoff investment scandal, Chief financial officer, Business, Economy
Tuesday, May 11, 2021 - 2:05pm

Leanne is a great addition to the Vallon executive management team as CFO and her\xc2\xa0industry experience and professional track record are perfectly aligned with the Company\xe2\x80\x99s strategic priorities in the near and long term,\xe2\x80\x9d commented David Baker, President & Chief Executive Officer of Vallon.\nPrior to joining Vallon, she most recently served as the Controller and Executive Director, Global Financial Reporting at OptiNose, Inc. a $50M revenue specialty pharmaceutical company.

Key Points: 
  • Leanne is a great addition to the Vallon executive management team as CFO and her\xc2\xa0industry experience and professional track record are perfectly aligned with the Company\xe2\x80\x99s strategic priorities in the near and long term,\xe2\x80\x9d commented David Baker, President & Chief Executive Officer of Vallon.\nPrior to joining Vallon, she most recently served as the Controller and Executive Director, Global Financial Reporting at OptiNose, Inc. a $50M revenue specialty pharmaceutical company.
  • Over the course of her career, she has held Senior Vice President of Finance, Controller and Chief Financial Officer positions in private and public companies such as Flower Orthopedics, Iroko Pharmaceuticals, LLC, and Genaera Corporation.
  • Ms. Kelly began her career as an auditor with KPMG LLP.
  • The Company is focused on the development of new medications to help patients with central nervous system (CNS) disorders.

KPMG To Bring 350 Jobs To Orlando With Opening Of Capability Center

Amstelveen, KPMG, Madoff investment scandal, Orlando, Florida, Geography of Florida, Cities in the United States, Florida
Tuesday, May 11, 2021 - 1:00pm

b'ORLANDO, Fla., May 11, 2021 /PRNewswire/ --KPMG LLP, the U.S. audit, tax and advisory firm, today announced the opening of its new Capability Center, located in the innovative Lake Nona community in Orlando.

Key Points: 
  • b'ORLANDO, Fla., May 11, 2021 /PRNewswire/ --KPMG LLP, the U.S. audit, tax and advisory firm, today announced the opening of its new Capability Center, located in the innovative Lake Nona community in Orlando.
  • The KPMG Capability Center brings 350 new jobs to Orlando, with plans for additional jobs in the future.
  • As KPMG evolves to new ways of working, KPMG Lakehouse will serve as a cultural hub for ongoing connection, collaboration and training for all its people.
  • "KPMG is bringing hundreds of jobs to Orlando and Lake Nona, along with a reputation for delivering solutions and innovation.

Ogletree Deakins and KPMG Law Join Forces in a New Alliance

Finance, Consulting, Accounting, Professional services, Legal, Amstelveen, KPMG, Madoff investment scandal, Companies
Monday, May 10, 2021 - 5:00am

b'Ogletree Deakins and KPMG Law in Germany1 are forming a global alliance to provide businesses with global workforce solutions.

Key Points: 
  • b'Ogletree Deakins and KPMG Law in Germany1 are forming a global alliance to provide businesses with global workforce solutions.
  • We are excited to join forces with Ogletree Deakins to offer clients even deeper global coverage for their pressing employment and immigration legal matters.\xe2\x80\x9d\nBoth Ogletree Deakins and KPMG Law in Germany are leaders in utilizing technology and innovation to enhance client service, including in the areas of artificial intelligence, data analytics and knowledge management.
  • Other non-US member firms are expected to join this non-exclusive alliance over the next several months.\n2 KPMG Law in Germany was established in 2007 and is an independent corporate law firm associated with KPMG AG Wirtschaftspr\xc3\xbcfungsgesellschaft and affiliated with the KPMG International Cooperative.
  • For cases where KPMG in the US clients require immigration and/or employment and labor law services, Ogletree Deakins may contract with these clients separately.\n3 For cases where KPMG US clients require immigration and/or employment and labor law services, Ogletree Deakins would contract with these clients separately.\n4 Certain member firms of the KPMG global organization, including KPMG in the US, do not provide legal services.

MassMutual Consumer Spending & Saving Index: Parents Continue to Face Financial and Work Challenges due to COVID-19

Women, Insurance, Finance, MEN, Parenting, Family, Professional services, Consumer, Madoff investment scandal, MassMutual
Thursday, May 6, 2021 - 1:00pm

b"As the United States continues to emerge from the COVID-19 pandemic, parents, especially mothers, continue to feel exasperated by financial and workplace challenges.

Key Points: 
  • b"As the United States continues to emerge from the COVID-19 pandemic, parents, especially mothers, continue to feel exasperated by financial and workplace challenges.
  • Sixty-one percent of parents say they find it difficult to manage their finances due to priorities during the pandemic according to the MassMutual Consumer Spending & Saving Index.
  • More than half (52%) of parents are spending more on monthly family-related costs due to the pandemic, and one-third are spending $1,000+ more per month.
  • Nearly two-thirds (65%) of parents dipped into savings over the last three months, significantly more than the general population (45%).

JDX Consulting Appoints Tina Shah as Chief Financial & Operating Officer

Finance, Companies, Economy, Amstelveen, KPMG, Madoff investment scandal, Chief financial officer, CFO, UBS
Thursday, May 6, 2021 - 12:00pm

b'LONDON, May 6, 2021 /PRNewswire/ -- JDX, the global financial services consulting firm, announced today that Tina Shah will join the firm as Chief Financial and Operating Officer, effective 5th May.\nTina joins having spent the last 4 years as CFO at Darwin Technologies, a leading SaaS and consultancy provider of global benefits and employee engagement software, now part of Mercer Consulting.

Key Points: 
  • b'LONDON, May 6, 2021 /PRNewswire/ -- JDX, the global financial services consulting firm, announced today that Tina Shah will join the firm as Chief Financial and Operating Officer, effective 5th May.\nTina joins having spent the last 4 years as CFO at Darwin Technologies, a leading SaaS and consultancy provider of global benefits and employee engagement software, now part of Mercer Consulting.
  • Her prior roles include CFO Continental Europe for Marsh McClennan and CFO of fund services & logistics within UBS Global Asset Management.
  • Tina\'s formative financial experience was gained as an audit manager within the financial services practice of KPMG.
  • Tina will be a member of the JDX Executive Committee, and will report directly into CEO, Seamus Smith.\nCommenting on the appointment, JDX CEO Seamus Smith said: "We\'re delighted to be able to welcome Tina to the business as Chief Financial and Operating Officer.

JDX Consulting Appoints Tina Shah as Chief Financial & Operating Officer

Finance, Companies, Economy, Amstelveen, KPMG, Madoff investment scandal, Chief financial officer, CFO, UBS
Thursday, May 6, 2021 - 7:00am

b'LONDON, May 6, 2021 /PRNewswire/ -- JDX, the global financial services consulting firm, announced today that Tina Shah will join the firm as Chief Financial and Operating Officer, effective 5th May.\nTina joins having spent the last 4 years as CFO at Darwin Technologies, a leading SaaS and consultancy provider of global benefits and employee engagement software, now part of Mercer Consulting.

Key Points: 
  • b'LONDON, May 6, 2021 /PRNewswire/ -- JDX, the global financial services consulting firm, announced today that Tina Shah will join the firm as Chief Financial and Operating Officer, effective 5th May.\nTina joins having spent the last 4 years as CFO at Darwin Technologies, a leading SaaS and consultancy provider of global benefits and employee engagement software, now part of Mercer Consulting.
  • Her prior roles include CFO Continental Europe for Marsh McClennan and CFO of fund services & logistics within UBS Global Asset Management.
  • Tina\'s formative financial experience was gained as an audit manager within the financial services practice of KPMG.
  • Tina will be a member of the JDX Executive Committee and will report directly into CEO, Seamus Smith.\nCommenting on the appointment, JDX CEO Seamus Smith said: "We\'re delighted to be able to welcome Tina to the business as Chief Financial and Operating Officer.

Equinox Gold Announces Results From Annual General Meeting

Articles, Business, Amstelveen, KPMG, Madoff investment scandal, Equinox, Board of directors, New York Stock Exchange, Companies
Thursday, May 6, 2021 - 1:19am

b'VANCOUVER, BC, May 5, 2021 /PRNewswire/ - Equinox Gold Corp.(TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce that Equinox Gold shareholders approved all matters voted on at the annual general meeting held earlier today including the election of management\'s nominees as directors, the appointment of KPMG LLP as the Company\'s independent auditor, amendments to the Company\'s Articles, and acceptance of the Company\'s approach to executive compensation ("Say on Pay").

Key Points: 
  • b'VANCOUVER, BC, May 5, 2021 /PRNewswire/ - Equinox Gold Corp.(TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce that Equinox Gold shareholders approved all matters voted on at the annual general meeting held earlier today including the election of management\'s nominees as directors, the appointment of KPMG LLP as the Company\'s independent auditor, amendments to the Company\'s Articles, and acceptance of the Company\'s approach to executive compensation ("Say on Pay").
  • Each of the matters voted on at the meeting are described in detail in the Company\'s Management Information Circular dated March 12, 2021, which is available on the Company\'s website at www.equinoxgold.com .
  • A total of 140,100,255 common shares were represented at the meeting, being 57.74% of the Company\'s issued and outstanding common shares.\n'

Timbercreek Financial announces Voting Results from Annual Meeting of Shareholders

Articles, Business, Amstelveen, KPMG, Madoff investment scandal, Underwriting, Board of directors
Thursday, May 6, 2021 - 12:54am

b'At the Annual Meeting, KPMG LLP was reappointed as the Company\xe2\x80\x99s auditors to hold office until the next annual meeting of shareholders of the Company and the directors were authorized to fix their remuneration.\nSteven Scott did not receive the requisite majority of votes cast in respect of his election and in accordance to the Company\xe2\x80\x99s Majority Voting Policy, Mr. Scott has tendered his resignation to the Board of Directors.

Key Points: 
  • b'At the Annual Meeting, KPMG LLP was reappointed as the Company\xe2\x80\x99s auditors to hold office until the next annual meeting of shareholders of the Company and the directors were authorized to fix their remuneration.\nSteven Scott did not receive the requisite majority of votes cast in respect of his election and in accordance to the Company\xe2\x80\x99s Majority Voting Policy, Mr. Scott has tendered his resignation to the Board of Directors.
  • The Board will monitor the resolution of the overboarding situation and, if the situation is not resolved satisfactorily, will ask Mr. Scott to retender his resignation.\nTimbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors.
  • Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions.
  • By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors.\n'

Tax Foundation Ranks Missouri 10th Best State for New Firms; 4th for New Manufacturing

Amstelveen, KPMG, Madoff investment scandal, Missouri, United States
Wednesday, May 5, 2021 - 3:00pm

b'WASHINGTON, May 5, 2021 /PRNewswire/ -- The Tax Foundation, in collaboration with KPMG LLP, today released a new report called "Location Matters."

Key Points: 
  • b'WASHINGTON, May 5, 2021 /PRNewswire/ -- The Tax Foundation, in collaboration with KPMG LLP, today released a new report called "Location Matters."
  • This comprehensive study ranks state corporate tax costs across multiple industries nationwide.\nMissouri\'s attractiveness for growing companies improved across the board since the previous report in 2015.\n"We are thrilled that Missouri is 10th in the nation for firms looking to establish a new presence within a state," Subash Alias, CEO of Missouri Partnership, said.
  • "And our ranking as 4th in the nation for new labor-intensive manufacturing facilities confirms that Made in Missouri is a solid decision for growing companies looking for their next location.
  • "\nMissouri ranks 18th best for mature firms.