Crime

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of B. Riley

Retrieved on: 
Friday, March 1, 2024

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against B. Riley Financial, Inc. (“B.

Key Points: 
  • NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against B. Riley Financial, Inc. (“B.
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding B. Riley’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Point Predictive's BorrowerCheck™ for Lenders Integrates with Zest AI

Retrieved on: 
Thursday, February 29, 2024

SAN DIEGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Point Predictive , a leader in artificial intelligence ("AI") consumer lending solutions, today announced the integration of its BorrowerCheck for Lenders platform with Zest AI , a leading provider of AI-automated credit underwriting technology, to fortify lenders against first- and third-party fraud.

Key Points: 
  • SAN DIEGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Point Predictive , a leader in artificial intelligence ("AI") consumer lending solutions, today announced the integration of its BorrowerCheck for Lenders platform with Zest AI , a leading provider of AI-automated credit underwriting technology, to fortify lenders against first- and third-party fraud.
  • "We are pleased to collaborate with Zest AI in integrating BorrowerCheck into their credit decisioning solution.
  • Leveraging BorrowerCheck and Point Predictive's proprietary data repository, lenders gain access to enhanced risk assessment capabilities, enabling the early detection of a diverse array of applicant misrepresentations.
  • For more information about Point Predictive's BorrowerCheck for Lenders, please visit https://pointpredictive.com/borrowercheck-for-lenders/ .

Prison Fellowship’s Statement on Senate Judiciary Committee Hearings Regarding the Conditions for Prisoners in the Federal Bureau of Prisons

Retrieved on: 
Wednesday, February 28, 2024

Following this hearing, the Subcommittee on Criminal Justice and Counterterrorism will take up the related issue of the national correctional staffing crisis.

Key Points: 
  • Following this hearing, the Subcommittee on Criminal Justice and Counterterrorism will take up the related issue of the national correctional staffing crisis.
  • These hearings follow a devastating report by the Department of Justice Inspector General on 344 deaths of men and women incarcerated in the Federal Bureau of Prisons over an eight-year period.
  • “A sentence in federal prison should be a just penalty, not a disposal of humanity.
  • “Prison Fellowship applauds the Senate Judiciary Committee for taking up these pressing issues of safety for men and women who live or work in prison.

Supreme Court Hears Oral Argument in NCLA’s Cargill Case Against ATF’s Unilateral Bump Stock Ban

Retrieved on: 
Wednesday, February 28, 2024

ATF issued its interpretive Final Rule in 2018 defining semi-automatic firearms equipped with bump stocks as “machineguns,” which federal law prohibits.

Key Points: 
  • ATF issued its interpretive Final Rule in 2018 defining semi-automatic firearms equipped with bump stocks as “machineguns,” which federal law prohibits.
  • The rule required Mr. Cargill and every other bump-stock owner nationwide to either destroy or turn in their legally purchased devices.
  • This case tasks the Supreme Court with resolving these conflicting opinions.
  • A bump stock does not alter the trigger on a semi-automatic weapon, so a bump stock does not turn a semi-automatic weapon into a machine gun.”

INVESTOR REMINDER: Berger Montague Notifies B. Riley Financial, Inc. (NASDAQ: RILY) Investors of a Class Action Lawsuit and Deadline

Retrieved on: 
Wednesday, February 28, 2024

PHILADELPHIA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Berger Montague advises investors that a securities fraud class action lawsuit has been filed against B. Riley Financial, Inc. (“B.

Key Points: 
  • PHILADELPHIA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Berger Montague advises investors that a securities fraud class action lawsuit has been filed against B. Riley Financial, Inc. (“B.
  • Investor Deadline: Investors who purchased or acquired B. Riley securities during the Class Period may, no later than March 25, 2024, seek to be appointed as a lead plaintiff representative of the class.
  • Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970.
  • Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

XREX Plays Key Role in Taiwan’s Fraud Combat: Scammed Crypto Assets Returned Without Known Defendant

Retrieved on: 
Wednesday, February 28, 2024

The attacker moved the stolen cryptocurrency assets into an account with OKX, an exchange that operates outside of Taiwanese jurisdiction.

Key Points: 
  • The attacker moved the stolen cryptocurrency assets into an account with OKX, an exchange that operates outside of Taiwanese jurisdiction.
  • Multiple parties collaborated to seize almost all of the illicit assets and return them to the victim.
  • It demonstrated that even if criminals have transferred the stolen assets to overseas exchanges, the assets can still be tracked and recovered.
  • XREX Taiwan is listed on the Financial Supervisory Commission's list of virtual assets service providers that have completed anti-money laundering compliance statements.

AVANTE CORP. ANNOUNCES FINANCIAL RESULTS FOR THE THIRD FISCAL QUARTER ENDED DECEMBER 31, 2023

Retrieved on: 
Tuesday, February 27, 2024

TORONTO-Ontario, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its third fiscal quarter ended December 31, 2023 (all amounts in Canadian dollars thousands, unless otherwise indicated).

Key Points: 
  • TORONTO-Ontario, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its third fiscal quarter ended December 31, 2023 (all amounts in Canadian dollars thousands, unless otherwise indicated).
  • Manny Mounouchos, Founder, CEO and Board Chair of Avante, commented, “Third quarter was another exceptional quarter for Avante as we increased revenue by 36% compared to the same quarter last year, and completed the acquisition of NSSG.
  • On September 28, 2023, the Company announced the launch of Avante Argus app, a mobile connectivity app for corporate clients.
  • SUMMARY FINANCIAL RESULTS FOR THE THIRD FISCAL QUARTER ENDED DECEMBER 31, 2023:
    Readers should refer to the Company’s financial statements and MD&A in respect of its third fiscal quarter ended December 31, 2023, for additional risk factors, accounting policies, detailed financial disclosures, reconciliation of non-IFRS financial measures to the most directly comparable IFRS financial measures, related party transactions, contingencies, and reporting of subsequent events since the year ended March 31, 2023.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against B. Riley Financial, Inc. (RILY)

Retrieved on: 
Tuesday, February 27, 2024

LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 25, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired B. Riley Financial, Inc. (“B.

Key Points: 
  • LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 25, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired B. Riley Financial, Inc. (“B.
  • Riley” or the “Company”) (NASDAQ: RILY ) common stock between May 10, 2023 and November 9, 2023, inclusive (the “Class Period”).
  • In May 2023, B. Riley entered into an agreement to assist its client, Brian Kahn, in leading a management buyout of Franchise Group, Inc. (“FRG”).
  • On November 2, 2023, Kahn was implicated as the unnamed coconspirator in a conspiracy to defraud investors of $294 million in funds.

Equifax Canada: Economic Pressures has Fraud and Auto Theft on the Minds of Canadians

Retrieved on: 
Tuesday, February 27, 2024

In addition, Equifax Canada data shows mortgage fraud and identity fraud continuing to escalate across the country as economic pressure continue.

Key Points: 
  • In addition, Equifax Canada data shows mortgage fraud and identity fraud continuing to escalate across the country as economic pressure continue.
  • Economy Fuels Fears: Over 76 per cent of Canadians surveyed believe financial hardships may increase the likelihood of people committing fraud and theft, suggesting economic anxieties may contribute to growing auto theft and identity fraud concerns.
  • Auto Industry Alarm: Over 74 per cent of Canadians surveyed believe insurance fraud impacts their auto insurance payments, highlighting the financial burden of this growing crime.
  • In response to these fraud trends, Equifax Canada emphasizes the importance of proactive fraud prevention measures and heightened consumer awareness.

Huff Legal, PC, Announces Help for Residents in California in a Wide Range of Legal Issues

Retrieved on: 
Monday, February 26, 2024

Oakland, California, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Huff Legal, PC, a law firm located in the Bay Area, is happy to announce help for residents in California in a wide range of legal issues, with a notable emphasis on Criminal Defense.

Key Points: 
  • Oakland, California, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Huff Legal, PC, a law firm located in the Bay Area, is happy to announce help for residents in California in a wide range of legal issues, with a notable emphasis on Criminal Defense.
  • “We care about our clients and are dedicated to helping them get the best outcomes possible for their legal issues,” said a spokesperson for Huff Legal.
  • The urgency to engage legal representation from a firm like Huff Legal immediately following an arrest cannot be overstated.
  • Huff Legal encourages residents in California who are searching for knowledgeable and experienced lawyers to fill out the contact form on its website to receive a free and confidential case evaluation on any legal issues they may have today.