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https://www.kbtx.com/2022/03/31/aggie-fans-ready-history-mens-basketball-teams-plays-nit-championship/
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Aggie Fans ready for history as Men’s Basketball Teams plays for NIT Championship
BRYAN, Texas (KBTX) - Tip off for the NIT Championship Game starts at 6 p.m., and Aggie fans are gearing up for the basketball game. Texas A&M is playing Xavier at Madison Square Garden in hopes of taking home the championship title.
Back in the Brazos Valley, fans are hoping to see the Aggie’s finish the season strong. Throughout the day local businesses were preparing for big turnouts as the Aggie Men’s Basketball season comes to a close.
Businesses like BigShots have been getting lots of phone calls as fans make plans to watch the game Thursday night.
“We expect a lot of Aggies to come out, new, Former, upcoming Aggies. We’re going to be showing the game on all our TV’s in the bays out here in the yard so we anticipate a lot of people here,” said Rocio Stephens, BigShots Events Sales Manager.
The late season game will be a big boost for businesses from BigShots to bars.
“With this beautiful weather right now and you know opportunity to watch Aggie Basketball on the patio right now is pretty big so we’re excited to have a lot of people out this afternoon at Carneys’ and looking forward to it,” said Barry Ivins, Carney’s Pub & Grill Owner,
Aggies older and younger are excited to see their team get this national attention. Students like Dawson Pruitt feel vindicated after the Aggies missed a spot in March Madness.
“I think it’s just cool that hopefully we go and win the championship and kind of prove people wrong,” said Pruitt.
This is the Aggies’ eighth appearance in the NIT. The game can be watched on ESPN.
KBTX’s Tyler Shaw and Caleb Britt are in New York covering the game.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/aggie-parent-toured-madison-square-garden-with-son-years-ago-now-hes-court/
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Aggie parent toured Madison Square Garden with son years ago, now he’s on the court
NEW YORK CITY, New York (KBTX) - Aggie parent Leah Spain was full of emotion after Tuesday’s National Invitation Tournament semifinal game in Madison Square Garden. She said she was elated to see the team make it so far as she has attended multiple basketball games throughout the season.
“I went to Houston, Vanderbilt, Georgia, obviously being out of Georgia, Auburn, then I went down to Tampa for the SEC Tournament as well too,” Spain said.
Spain is no stranger to the big apple and brought her son, Jelani Spain, to Madison Square Garden for a tour when he was younger. They even got to see the player locker rooms. Now, she gets to watch her son, who’s a basketball manager, and godson, no. 22 Davin Watkins, on the court at the NIT championship Thursday.
“I’ve got a picture of him already in there and stuff but for them to actually be in there with their stuff, it is amazing,” Spain said. “Everybody is so excited, pumped up and focused.
The Aggie parent said the championship game will be bittersweet after the team and many fans were disappointed that the Aggies didn’t make the NCAA Tournament, also known as the “Big Dance.”
“They’ve played their hearts out, they’ve played to let the people know that you made a mistake by not letting us in that dance but we’re here, and we made it to the New York final four,” Spain said.
As the Aggies gear up for the championship game against Xavier, Spain said she has no worries about the outcome.
“I’m excited, I’m very very excited, I feel like we got this in the bag,” Spain said.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/aggie-track-field-hosts-no-1-texas-dual-meet/
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Aggie Track & Field Hosts No. 1 Texas in Dual Meet
BRYAN-COLLEGE STATION, Texas – The Texas A&M men’s and women’s track & field teams host No. 1 Texas in a Dual Meet on Saturday, April 2 beginning at 1 p.m. at E.B. Cushing Stadium.
Texas A&M enters the weekend ranked No. 3 in the men’s USTFCCCA national rankings and No. 4 in the women’s poll, while the Longhorns are No. 1 on both the men’s and women’s sides. The dual meet will be scored 5, 3, 2, 1, with five points awarded to the top finisher. Only two individual entries per institution shall score, while the relays will be scored five points for first place and three for second place.
Saturday’s competition is slated to begin with field events at 1 p.m., while the gun goes off for track events at 4:30 p.m. General admission to the meet starts at $7 for adults and $4 for youth. Tickets can be purchased at 12thman.com/tracktickets or at the E.B. Cushing stadium ticket office.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/aggies-begin-3-game-series-against-alabama-friday/
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Aggies to begin 3 game series against Alabama Friday
TUSCALOOSA, Alabama – The Texas A&M Aggies continue road action with a three-game series against the Alabama Crimson Tide at Sewell-Thomas Stadium. The opener is slated for Friday at 6:02 pm with games also booked for 4:02 pm on Saturday and 1:02 pm on Sunday.
ABOUT THE AGGIES
The Maroon & White have been solid in true road games this year, posting a series win at then-No. 8 LSU, as well as midweek wins at Rice and then-No. 8 Texas the last two Tuesdays, for a 4-1 mark in enemy territory.
The Aggie bats have picked up steam the last eight games, hitting at a .317 clip with a .408 on-base percentage and .538 slugging percentage. The squad has clubbed 21 doubles, two triples and 14 home runs in the span.
Texas A&M boasts one of the nation’s most experienced hitters in Dylan Rock. The UTSA transfer ranks 17th among active NCAA Division I players with 739 at-bats. He ranks fifth among active players in runs (167), seventh in doubles (51), 10th in hits (239), 12th in total bases (368), 23rd in games played (198) and 24th in RBI (134). Rock has an 11-game hit streak, compiling a .477 batting average (21-for-44) over the span with six home runs, four doubles, 14 runs and 19 RBI. On the season, Rock is hitting .358 (29-for-81) with six home runs, six doubles, 21 RBI and 20 runs. He leads the team with eight stolen bases on the season.
Kole Kaler leads the SEC and ranks fifth in the nation with his 27 walks. HIs clip of 1.12 walks per game also leads the SEC and ranks eighth in the nation. Kaler has also been hit by one pitch and he’s batting .270 (24-for-89) with a team-high 22 walks, plus three doubles, 11 RBI and six stolen bases. He sports a .441 on-base percentage. In the last eight games, Kaler has a .545 on-base percentage. During the stretch, he has hit .387 (12-for-31) with two doubles, 10 runs and six RBI and has been walked 11 times. Kaler’s batting average has improved from .207 to 270 over the span.
Jack Moss leads the attack early in the season, batting .393 with a .468 on-base percentage, both team highs. He has reached base in the last 20 games and in 23 of the 24 games this season. On the season, he has a team-high 11 multi-hit games. In addition to batting average and on-base percentage, he leads the team in hits (35). Moss had a 5-for-5 game, hitting for the Aggies’ first cycle since 2018 in A&M’s 12-9 win at Texas. He singled in the first and fourth innings, smashed a two-run home run in the third and roped a double in the sixth. Moss legged out a triple in the eighth to seal the cycle. He also accounted for one of the team’s two grand slams on the season, launching the four-ribbie dinger against Rice.
The Aggies are one of nine teams NCAA Division I teams (301) who have not suffered back-to-back losses in 2022. The list includes Arkansas, Connecticut, Maryland, Oregon State, South Florida, Tennessee Texas A&M, Texas State and Virginia. The Maroon & White are 9-0 in games after a loss in 2022.
SCOUTING THE OPPONENTS
Alabama enters the series with a 15-11 mark, including a 2-4 league ledger. Last weekend, Alabama suffered two walk-off losses to Mississippi State in Starkville, before claiming the series finale. The Tide are batting .291 with a .365 on-base percentage and .464 slugging percentage. A trio of Alabama players are hitting .300 or higher, led by Tommy Seidl who sports a .363 average (33-for-91) with 18 runs, nine doubles, one home run, 16 RBI and seven stolen bases. Zane Denton is hitting .301 (31-for-103) with 20 runs, eight doubles, seven home runs and 22 RBI. Jim Jarvis is batting .300 (30-for-100) with two doubles, three triples, two home runs, nine RBI and five stolen bases.
SERIES NOTES
The Maroon & White have taken the field against Alabama in 27 games previously with the Aggies holding the all-time series lead 17-0.. The programs first met in 1995 with a 6-2 win by Texas A&M. The teams took an eight-year hiatus before meeting in 2003, followed by another 10 years dormant stage until the Aggies joined the SEC in 2013. Texas A&M owns a 14-10 edge in the series since they became league brethren.
In 2021, Alabama swept the Aggies on Olsen Field at Blue Bell Park, winning the games by a combined tally of 18-10.
FOLLOW THE AGGIES
Saturday’s game is featured on SEC Network. All three games can be seen on SEC Network+. On Friday and Sunday, fans can tune in locally on 1150 AM/93.7 FM. Saturday’s game airs on NewsTalk 1620 AM/94.5 FM. All three games can be heard inside the 12th Man Mobile App.
Visit 12thman.com for more information on Texas A&M baseball. Fans can keep up to date with the A&M baseball team on Facebook, Instagram, and on Twitter by following @AggieBaseball.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/bond-white-named-head-coach-southern-illinois/
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Bond-White named head coach at Southern Illinois
Published: Mar. 31, 2022 at 6:13 PM CDT|Updated: 46 minutes ago
COLLEGE STATION, Texas (KBTX) - Longtime Texas A&M women’s assistant basketball coach Kelly Bond-White has been hired to replace Cindy Stein as the new head coach at Southern Illinois.
Kelly has worked under Gary Blair for the last 22 years, dating back to a three-year run at Arkansas from 2000-2003.
She followed Blair to A&M and helped the Aggie women win an NCAA title in 2011, and was part of 444 wins in 19 years in College Station.
Bond-White has ties to Illinois. She was born in Chicago and played high school ball at Whitney Young under the late Arthur Penny before going to Illinois and helping the program reach consecutive Sweet Sixteens in 1997 and 1998.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/crash-slowing-traffic-thursday-evening-sh-6-college-station/
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Crash slowing traffic Thursday evening on SH 6 in College Station
Published: Mar. 31, 2022 at 6:44 PM CDT|Updated: 14 minutes ago
COLLEGE STATION, Texas (KBTX) - A motor vehicle crash Thursday evening is slowing traffic on Highway 6 southbound in College Station.
The traffic is backed up from Harvey Mitchell Parkway to University Drive.
No other details were immediately available.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/milam-county-man-sentenced-30-years-child-sex-crime/
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Milam County man sentenced to 30 years for child sex crime
Published: Mar. 31, 2022 at 5:42 PM CDT|Updated: 1 hour ago
CAMERON, Texas (KBTX) - A Thorndale man has been sentenced to 30 years after pleading guilty to a first-degree felony for child sex crimes.
Patrick Michael Anness, 52, was charged with sexual performance by a child under 14. He must serve half of his sentence before becoming eligible for parole, according the Milam County District Attorney’s Office.
The court heard testimony from Special Agent Richard Rieger during the sentencing hearing and was the primary agent who investigated the case.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/police-13-year-old-runaway-girl-dies-hospital-after-found-unresponsive-motel/
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Police: 13-year-old runaway girl dies at hospital after found unresponsive at motel
D’IBERVILLE, Miss. (WALA/Gray News) - A 13-year-old girl has died in a Mississippi-area hospital after being reported as a runaway from Alabama earlier this month.
WALA reports the Mobile Police Department first reported Keyanna Sylvester as a runaway on March 21. She was then found unresponsive in a motel room in D’Iberville, Mississippi, on March 24, according to D’Iberville Police Capt. Jason King.
Sylvester was taken to the hospital but later died, according to police.
The 13-year-old spent time in Ocean Springs and Moss Point, Mississippi, according to reports.
King said it was too early in the investigation to decide whether foul play was involved in the girl’s death.
“We’re making sure we’re careful about not saying whether it’s criminal or not criminal,” he said.
King also said police are waiting for a report by the medical examiner.
“This hurts me real bad because Keyanna was my baby,” said neighbor Alexie Thames. “You all need to help find whoever did this to my baby. "
Anyone with further information on this case was urged to contact the D’Iberville Police Department at 228-396-4252.
Copyright 2022 WALA via Gray Media Group, Inc. All rights reserved.
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https://www.kbtx.com/2022/03/31/professional-bull-rider-talks-upcoming-pbr-boot-barn-classic-aggieland/
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Professional Bull Rider talks upcoming PBR Boot Barn Classic in Aggieland
The event will be at Reed Arena on April 9 and 10
BRYAN, Texas (KBTX) - For the second time in as many years, the Professional Bull Rider’s (PBR) Pendleton Whisky Velocity Tour is coming back to College Station. It will return to Reed Arena on April 8 and 9 with the PBR Boot Barn Classic in Aggieland. Thor Hoefer II, one of the world’s top professional bull riders, joined First News at Four to discuss his bull riding career and the upcoming competition.
“It’s really an honor to be a part of the PBR, you know you’re part of the greatest bull riders that the world can assemble,” said Hoefer. “There’s going to be riders from Australia, Mexico, Brazil, Canada, and the US all competing together in College Station and I’m just really blessed to be a part of it.”
Hoefer started at a young age, first riding sheep, then graduating to calves. He really got into riding bulls professionally at age 20.
“I would say one of my greatest blessings with it would be the camaraderie between the bull riders. There’s not many sports that, your competitors, are also some of your best friends, and you really strive for everybody to do good, you just want to do better, and that makes for some really good competition,” he said.
Get tickets for the PBR Boot Barn Classic here.
Watch the full interview in the player above.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/three-aggies-earn-ncea-all-america-honors/
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Three Aggies Earn NCEA All-America Honors
FORT WORTH, Texas – Texas A&M equestrian standouts MacKenzie Chapman, Emmy-Lu Marsh and Hanna Olaussen earned national Collegiate Equestrian Association Ariat All-America honors, the NCEA Selection Committee announced Thursday.
Chapman earned second team honors in Horsemanship, while Marsh was named to the second team in Reining. Olaussen was awarded honorable mention recognition in Horsemanship.
The graduate student led the Aggies in Horsemanship with a 10-2-2 record, including two Most Outstanding Performer honors. Chapman started the season at 7-0 and ended the year 3-1-1 in her last five appearances. She earned her first MOP recognition after defeating Georgia’s Leah Anderson with Cowboy, 76.5-72.5, at home. The Bellevue, Michigan, native, earned her second MOP at the SEC Championships in the final against Auburn’s Taylor Searles on Garth with a score of 229.5-220.
Marsh compiled an 8-4-2 record in Reining, including a seven meet undefeated stretch from November 18 to March 12 going 5-0-2. The junior earned three MOP accolades, including a school record ride of 78 in the season opener. A Tallulah, Louisiana, native, Marsh earned her second MOP after defeating Georgia’s Jax Bound, 73-72.5, on Slash in Bishop, Georgia, and her third MOP came in the SEC Championship final when she outscored Auburn’s Terri June Granger, 216-214, also on Slash.
In her rookie season, Olaussen recorded an 8-4-2 record in Horsemanship. Most notably, the San Antonio, native, registered a 7-1 record stretching from October 29 to March 5, which included one MOP at Georgia after edging Grace Himes, 79-78, on Clyde.
Texas A&M opens NCEA Championship as the No. 3 seed against No. 6 Baylor on Thursday, April 14 at the World Equestrian Center in Ocala, Florida.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/treat-day-blinn-college-celebrates-139th-birthday/
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Treat of the Day: Blinn College celebrates 139th birthday
Published: Mar. 31, 2022 at 5:51 PM CDT|Updated: 1 hour ago
BRYAN, Texas (KBTX) - Blinn College is celebrating its 139th birthday.
The college looks a lot different now than it did in 1883. But one thing that hasn’t changed in the school’s commitment to helping their students achieve their educational goals.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/03/31/ukrainians-remain-defiant-world-awaits-russias-next-move/
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Ukrainians remain defiant as the world awaits Russia’s next move
WASHINGTON, D.C. (KBTX) - Moscow has pledged to scale back its attacks in Ukraine, but that statement is being met with skepticism. KBTX Chief Political Analyst Greta Van Susteren joined First News at Four to speak about the war and her recent visit to Ukraine.
Van Susteren admitted no one really knows what Russia is up to.
She said, “clearly the troops are moving away from Kyiv, but is that because they are retreating or because they are repositioning or changing their strategy?”
Among those who believe they are repositioning is the NATO Secretary General.
While people aren’t necessarily optimistic, there is good news in this according to Van Susteren.
“It does indicate, though, that the Russian forces have been unsuccessful to seize Kyiv. They thought they were going to seize Kyiv in about three days. Well, that was beginning February 24th and Ukraine has put up a robust defense of that city,” said Van Susteren.
On her trip to Poland and Ukraine, Van Susteren says she was struck by the strength of the Ukrainian people.
“You see the incredible amount of pride in these Ukrainians and they’re very determined, which is one of the problems the Russians are having is they are up against people who are very much inspired and very much they’re ready to lay down their life for Ukraine,” she explained.
Watch the full interview in the player above.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/04/01/oscars-producer-says-police-offered-arrest-will-smith/
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Oscars producer says police offered to arrest Will Smith
LOS ANGELES (AP) — Oscars producer Will Packer said Los Angeles police were ready to arrest Will Smith after Smith slapped Chris Rock on the Academy Awards stage.
“They were saying, you know, this is battery, was a word they used in that moment,” Packer said in a clip released by ABC News Thursday night of an interview he gave to “Good Morning America.” “They said we will go get him. We are prepared. We’re prepared to get him right now. You can press charges, we can arrest him. They were laying out the options.”
But Packer said Rock was “very dismissive” of the idea.
“He was like, ‘No, no, no, I’m fine,” Packer said. “And even to the point where I said, ‘Rock, let them finish.’ The LAPD officers finished laying out what his options were and they said, ‘Would you like us to take any action?’ And he said no.”
The LAPD said in a statement after Sunday night’s ceremony that they were aware of the incident, and that Rock had declined to file a police report. The department declined comment Thursday on Packer’s interview, a longer version of which will air on Friday morning.
The Academy of Motion Pictures Arts and Sciences met Wednesday to initiate disciplinary proceedings against Smith for violations against the group’s standards of conduct. Smith could be suspended, expelled or otherwise sanctioned.
The academy said in a statement that “Mr. Smith’s actions at the 94th Oscars were a deeply shocking, traumatic event to witness in-person and on television.”
Without giving specifics, the academy said Smith was asked to leave the ceremony at the Dolby Theatre, but refused to do so.
Smith strode from his front row seat on to the stage and slapped Rock after a joke Rock made about Smith’s wife, Jada Pinkett Smith, when he was on stage to present the Oscar for best documentary.
On Monday, Smith issued an apology to Rock, the academy and to viewers, saying “I was out of line and I was wrong.”
The academy said Smith has the opportunity to defend himself in a written response before the board meets again on April 18.
Rock publicly addressed the incident for the first time, but only briefly, at the beginning of a standup show Wednesday night in Boston, where he was greeted by a thunderous standing ovation. He said “I’m still kind of processing what happened.”
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Follow AP Entertainment Writer Andrew Dalton on Twitter: https://twitter.com/andyjamesdalton
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kbtx.com/2022/04/01/usda-forecasting-higher-food-grocery-costs-2022/
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USDA forecasting higher food, grocery costs in 2022
(Gray News) - It looks like elevated food prices are going to continue this year, according to the U.S. Department of Agriculture.
The USDA released its Food Price Outlook for 2022 and predicted the cost of groceries would continue to increase to as much as 4%.
According to the Consumer Price Index, grocery and supermarket food prices were already 8.6% higher in February than last year and up nearly 1.5% from January to February in 2022.
As reported by the Associated Press, prices for U.S. consumers have continued to jump recently, leaving families facing the highest inflation rate since 1990.
“We’re getting into this situation where we have spiraling inflation,” said Jay Hatfield, CEO of Infrastructure Capital Advisors. “Inflation in one area drives inflation in another.”
Currently, the CPI reports all food categories are increasing in price other than fresh vegetables. Last year, the beef and veal categories had the most significant price increase of 9.3%, and the fresh vegetable category had the smallest at 1.1%. However, no food categories decreased in price in 2021.
Poultry prices are also expected to increase up to 7%, with egg prices predicted to increase up to 3.5% in 2022.
Overall, grocery store and supermarket food purchases are expected to increase up to 4%, with restaurant purchases or food away from home forecasted to increase up to 6.5%, according to the USDA.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kbtx.com/2022/04/01/5-fetuses-found-inside-dc-home-anti-abortion-activist/
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5 fetuses found inside DC home of anti-abortion activist
WASHINGTON (AP) — Police found five fetuses in the home of a self-proclaimed “anti-abortion activist” who was indicted this week on federal charges alleging that she was part of a group of people who blocked access to a Washington, D.C. reproductive health center.
The Metropolitan Police Department says officers were responding to a tip about “potential bio-hazard material” at a home in Southeast Washington on Wednesday when they located the five fetuses inside.
A local television station, WUSA9, captured video of police searching the home and reported that the home belonged to Lauren Handy. The 28-year-old was one of nine people charged in an indictment that was made public on Wednesday that accused the group of traveling to Washington, blocking access to the reproductive health center and streaming it on Facebook.
The station, which first reported the discovery, said Handy told a reporter that “people will freak out when they hear” what detectives found inside her house. Handy did not respond to a message sent to her Facebook profile seeking comment.
Police said the five fetuses were collected by Washington’s medical examiner and the investigation is ongoing.
In the indictment, prosecutors said Handy had called the clinic pretending to be a prospective patient and scheduling an appointment. Once there, on Oct. 22, 2020, eight of the suspects pushed their way inside and began blocking the doors, according to the indictment. Five of them chained themselves together on chairs to block the treatment area as others blocked the employee entrance to stop other patients from coming inside, the indictment alleges. Another suspect blocked people from coming into the waiting room, prosecutors charge.
Handy and the eight others were charged with conspiracy against rights and violating the Freedom of Access to Clinic Entrances Act. The federal law, more commonly known as the FACE Act, prohibits physically obstructing or using the threat of force to intimidate or interfere with a person seeking reproductive health services.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kbtx.com/2022/04/01/aggies-denied-nit-championship-following-73-72-loss-xavier/
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Aggies denied NIT Championship following 73-72 loss to Xavier
NEW YORK CITY, New York (KBTX) - The Texas A&M (27-13) men’s basketball team closed out the 2021-2022 season with a one point loss to Xavier (23-13) as the Musketers claimed the 2022 NIT Championship Thursday night at Madison Square Garden.
Xavier overcame a 40-32 halftime deficit to beat the Aggies 73-72. It was the Musketeers’ first NIT title since 1958.
Texas A&M was up 72-71 thanks to a pair of free throws by Quenton Jackson with 26.8 seconds left, but Xavier’s Jack Nunge answered with a hook shot with :03 left in the game. Texas A&M had the last shot and could have won it but Tyrece Radford’s jumper from 24 feet was off the mark as the Aggies see their up and down season finish with a one point loss.
Jackson led the Aggies in scoring with 23 points, while Radford added 15 points and Hassan Diarrra tossed in 12.
The Musketeers were led in scoring by Colby Jones’ 21 points, Dwon Odem added 18, and Nunge had 15 including the game winner.
National Invitation Tournament – Championship Madison Square Garden (New York, New York)
Thursday, March 31, 2022 | 6 p.m. CT tipoff
ABOUT THE GAME
· The Texas A&M men’s basketball dropped a back-and-forth 73-72 decision to Xavier in the Championship game of the National Invitational Tournament on Thursday at Madison Square Garden.
· In a game that featured 17 lead changes, the Aggies had a potential game-winning jump shot from Tyrece Radford rattle out as time expired.
· A pair of Aggies were named to the NIT All-Tournament Team: Quenton Jackson and Tyrece Radford.
RECORDS AND SERIES NOTES
· The Aggies ended the season with a 27-13 record, which marked a 19-victory improvement from 2020-21 (8-10). It is the largest season-to-season win total improvement in program history, bettering the 14-win improvement from 2003-04 to 2004-05 in Billy Gillispie’s first season at Texas A&M. Gillispie’s initial coaching staff included current Aggie head coach Buzz Williams.
· The 27 wins were one shy of the school record of 28 wins in a season, which was accomplished by the 2015-16 Aggies that were SEC Co-Champions and advanced to the NCAA Sweet 16.
· The Aggies joined an elite handful of teams that have reached the 40-game plateau in game played in a season tonight. The NCAA record for games played in a season is 41 games, accomplished by UConn’s 2011 national championship team and Michigan’s national runner-up team in 2018. Texas A&M is the 18th team in NCAA history to reach the 40-game plateau. The Aggies’ previous high number of games in a season was 37 by the 2015-16 Aggies.
· The Aggies fell to 11-8 all-time in the NIT and now trail Xavier 2-0 in the all-time series between the two schools.
TEAM NOTES
· The nation’s leader in steals, the Aggies had five takeaways against Xavier to raise their season total to 398, which obliterated the old record of 288 steals.
· Texas A&M utilized a starting lineup of Quenton Jackson, Wade Taylor IV, Henry Coleman III, Tyrece Radford and Manny Obaseki for the 13th time (11-2).
INDIVIDUAL NOTES
· With a game-high 23 points in the final, senior Quenton Jackson raised his season point total to 591 points, which moved him to No. 8 on Texas A&M’s all-time single season scoring list.
· Jackson closed out the season with double figure points in 21 of the Aggies’ last 22 games and in 32 of the Aggies’ 40 games in 2021-22. It marked the 19th game this season where Jackson led the team in points.
· Sophomore Henry Coleman III had a team-high nine rebounds, including three offensive boards, marking the 19th time that he led the Aggies in rebounds in a game.
· The Aggies had a 17-to-8 advantage in bench points, which included a 12-point game from Queens, New York, native Hassan Diarra.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/04/01/blue-ribbon-ceremony-held-commemorate-child-abuse-prevention-month/
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Blue Ribbon ceremony held to commemorate Child Abuse Prevention Month
COLLEGE STATION, Texas (KBTX) -April is recognized as Child Abuse Prevention Month.
Scotty’s House, a non-profit Child Advocacy Center serving seven counties in the Brazos Valley, and the College Station Police Department took a moment Thursday afternoon to sound the alarm and raise awareness about child abuse.
According to Tex Protects, a children’s advocacy group in Texas, more than four children die from abuse or neglect on average every week, 184 children are confirmed victims daily, and more than seven children are maltreated every hour.
In Brazos County, officials identified 630 confirmed child victims of abuse and neglect in 2021, slightly lower than 663 confirmed cases in 2020. It s an unfortunate situation Tammy Bales, director of operations for Scotty’s House, says we all can help fix.
”It is a problem that belongs to all of us, and it’s a problem that can be solved by every one of us,” said Bales. “It takes each of us not only to be aware and to accept that there is a problem but to be educated and to learn about it and how you can learn about signs of child abuse.”
Friday is also wear blue day in Texas. It’s an opportunity to show support for the essential work needed in the community to ensure a better, safer future for all children.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/04/01/doctor-convicted-prescribing-over-1m-opioid-pills-las-vegas-cocktail-drugs/
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Doctor convicted for prescribing over $1M in opioid pills, ‘Las Vegas cocktail’ of drugs
(Gray News) - A physician in Texas was recently convicted for wrongly prescribing more than $1 million worth of opioid hydrocodone pills.
According to the U.S. Department of Justice, 52-year-old James Pierre, a Houston doctor, unlawfully prescribed controlled substances from June 2015 through July 2016 to individuals posing as patients at a West Parker Medical Clinic, a pill-mill clinic located in Houston.
Trial evidence showed Pierre and his physician assistant issued hundreds of unlawful prescriptions for hydrocodone and carisoprodol, a combination of controlled substances known as the “Las Vegas Cocktail,” to hundreds of individuals posing as patients each week.
According to the Justice Department, “runners” brought numerous people to pose as patients at the clinic and paid about $220 to $500 per visit in exchange for the prescriptions.
Throughout the scheme, West Parker made about $1.75 million from prescriptions, and over $300,000 went to Pierre, according to investigators.
The Department of Justice reports Pierre was convicted of one count of conspiracy to unlawfully distribute and dispense controlled substances and seven counts of unlawfully distributing and dispensing controlled substances.
The 52-year-old is currently scheduled to be sentenced on June 27 and faces up to 20 years in prison for each count.
Officials said that one co-conspirator has pleaded guilty to conspiracy to distribute controlled substances unlawfully.
DEA Houston investigated the case, according to the Department of Justice.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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Tariffs on seafood imported from Russia, fuel prices having a impact on foodservice
BRYAN, Texas (KBTX) -The latest attempt to punish Russia for the invasion of Ukraine includes sanctions and bans on imported seafood, alcohol, and diamonds from Russia.
According to census data, from Jan. 1, 2020, to Jan. 31, 2022, Russia exported more than 28 million pounds (12.7 million kilograms) of cod to the U.S. Russia is also a significant crab and Alaska pollock supplier, widely used in fast-food sandwiches and processed products like fish sticks.
Here locally, the sanctions, combined with fluctuating fuel prices, could raise prices on seafood items that are not imported from Russia.
Wade Beckman owns multiple restaurants, including Shipwreck Grill in Bryan. He purchases all his seafood locally. Although Beckman doesn’t purchase food directly from Russia, he’s concerned about the trickle-down effect on the entire supply chain.
“You know that as the supplies deplete, there are more people after the same supplies that we are, and I’m sure that s had some effect along with many other things,” said Beckman.
Beckman says prices from his supplier have drastically increased, but it’s part of the cost of doing business and getting what the customers want.
“Some of our seafood prices are up as much as 60% on shrimp, gulf oysters, and our snow crab,” said Beckman.
Supply chain issues and the rising cost of fuel continue to be an issue for businesses.
Korey Thomas owns The Remnant of Nawlins in Bryan. He says in order to keep from having to pay higher shipping prices; he travels to Louisianna to pick up his orders straight from the supplier.
“Especially like my seafood, like my crawfish and my shrimp, I’ve had to drive like way to Louisiana to get some,” said Thomas.
Thomas says It’s all in an effort to keep from raising prices.
“I have to pay more in gas, but it’s cheaper for me to buy the product there and then bring it back,” Said Thomas. " So when we weighed our options, we saw that I might pay a little bit more in gas opposed to paying higher for the product.”
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/04/01/thousands-baby-teether-rattles-recalled-due-choking-hazard/
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Thousands of baby teether rattles recalled due to choking hazard
(Gray News) - A recall has been issued for nearly 9,000 motion-activated baby rattles sold in the U.S. and Canada.
PlayMonster has recalled the Kid O Hudson glow rattles due to their legs possibly breaking off and posing a choking hazard to young children, according to the Consumer Product Safety Commission.
The agency describes the product as a motion-activated rattle shaped like a puppy that makes a soft rattling sound when shaken. The plastic puppy is white with spots that can glow in red or green. The puppy’s legs are textured soft plastic for teething children.
Currently, there have been three reports of the rattle legs breaking off, according to the recall. No injuries have been reported.
Consumers are advised to immediately take the recalled walkers away from young children and contact PlayMonster by calling 1-800-469-7506 to discuss refund options.
The rattles were sold at specialty stores nationwide and online at Target.com, Amazon.com, Walmart.com and other sites from February 2018 through February 2022.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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BCS impact on Ukraine aid and refugee crisis proves successful but difficult, according to those on ground
BRYAN, Texas (KBTX) - Fighting in Ukraine has been going on for over a month, but many people have found ways to contribute to efforts even from Bryan and College Station.
Jerry Fox, COO of First Financial Bank, and Kent Dale, a Cattle Rancher, have worked with an organization called Project for Humanitarian Aid. Over the years, they have traveled to Ukraine supporting struggling youth and orphanages in the country many times. Fox recently returned from Ukraine and said it was different than previous trips.
“It was a very heartbreaking trip in a lot of ways. I’ve made probably a dozen trips over there before and they have never been for a purpose like this,” he said.
Fox used this trip to take money to those helping on the ground in Ukraine and determine the biggest needs.
Fox and Dale spoke with Dima Grischuk on Thursday over video call. Dima is a volunteer on the ground in Ukraine who works to help transport aid and refugees all over the country as it is under attack.
“We drove through Kharkiv, a lot of damages, a lot of damages. I [took] a couple of pictures which just broke my heart. This is not military bases. This is not the military places or government places. This is just a place where people used to live,” Dima said.
Kent has seen the areas he and his wife visited many times now turned to rubble.
“It breaks your heart, not just for the architecture, but also for the people that have lived there, raised families there and have the same hopes and dreams as we do,” he said.
Dima and his team of over 30 drivers called the Volunteer Brothers travel up to ten hours a day, sometimes into the most dangerous areas.
As he works to help in Ukraine, Dima’s wife and children found refuge in Croatia. She is working to help get supplies to Dima, like medicine and bullet proof vests, but there is no easy way to do it. Dima said he can not believe this is his life now.
“I just came to the understanding, to realize this piece [of life] is a reality. But my life before becomes more and more like a dream,” Dima said.
In order to continue transports and the work they do, Dima said they rely heavily on donations. Program for Humanitarian Aid has a fund set up at the A&M Church of Christ.
“Anyone that wants to help with our effort, A&M Church of Christ, our home church, we have a fund that is set up that is designated for Ukraine aid and 100% of that is going to Ukraine to help Dima and his team of drivers,” Kent said.
This fund is making a large difference for Dima and his team.
“I really appreciate A&M Church, by the way, for you managing our funds right now. And you are a great partner of our relief program here and so I really appreciate what you’re doing for us,” he said.
If a donation isn’t possible, Dima just asked that the world continue paying attention to the situation in Ukraine and to stay informed.
Fox said his fear is that even if the fighting were to stop, the damage has been done and could take decades to rebuild.
Copyright 2022 KBTX. All rights reserved.
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https://www.kbtx.com/2022/04/01/closing-arguments-next-michigan-gov-whitmer-kidnap-plot/
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Closing arguments next in Michigan Gov. Whitmer kidnap plot
(AP) - Jurors will hear closing arguments Friday in the trial of four men accused of a brazen conspiracy to kidnap Michigan Gov. Gretchen Whitmer, a case built with informants, undercover agents, secret recordings and two people who pleaded guilty and cooperated.
Only one defendant, Daniel Harris, chose to testify in his own defense. But his denial of any crime Thursday was met by an aggressive cross-examination in which prosecutors used his own words to show his contempt for Whitmer and even suggestions about how to kill her.
Adam Fox, Barry Croft Jr. and Brandon Caserta declined to testify, and defense attorneys called only a few witnesses. The four deny any scheme to get Whitmer at her vacation home in fall 2020, though they were livid with government as well as restrictions imposed during the COVID-19 pandemic.
The men were arrested in October 2020 amid talk of raising $4,000 for an explosive that could blow up a bridge and stymie police after a kidnapping, according to trial evidence. Fox twice traveled to northern Michigan to scout the area.
Defense attorneys, however, insist they were under the spell of informants and agents who got them to say and do violent, provocative things.
Harris repeatedly answered “absolutely not” when asked by his lawyer if he was part of a plot. His testimony was perilous because he exposed himself to numerous challenges by prosecutors who had been offering evidence against the group for days.
Harris and Assistant U.S. Attorney Jonathan Roth sometimes talked over each other. At one point, Harris snapped, “Next question.”
“Everyone can take it down a notch,” U.S. District Judge Robert Jonker said later.
Roth confronted Harris with his own chat messages about posing as a pizza deliveryman and killing Whitmer at her door. He reminded Harris, a former Marine, that he worked with explosives while training with the group, especially in Luther, Michigan, in September 2020, about a month before their arrest.
Roth played a conversation of Croft talking about militias overthrowing governments in various states and “breaking a few eggs” if necessary.
“When this man talks to you at a diner about killing people, you don’t stand up and walk out, do you sir?” Roth asked. “You don’t say, ‘This group is not for me,’ do you sir?”
“No,” Harris answered.
A “shoot house” that was intended to resemble Whitmer’s second home was a key part of the Luther training weekend, according to the government. Harris admitted that he brought materials but said he didn’t build it with her house in mind.
He didn’t participate in an evening ride to Elk Rapids, Michigan, to scout Whitmer’s home and a bridge during that same weekend. Harris said he had purchased $200 of cheap beer and cigarettes so he could return to the camp and “get wasted” with others.
Two more men, Ty Garbin and Kaleb Franks, pleaded guilty and cooperated with investigators. Garbin last week said the group acted willingly and hoped to strike before the election, cause national chaos and prevent Joe Biden from winning the presidency.
Whitmer, a Democrat, rarely talks publicly about the kidnapping plot, though she referred to “surprises” during her term that seemed like “something out of fiction” when she filed for reelection on March 17.
She has blamed former President Donald Trump for fomenting anger over coronavirus restrictions and refusing to condemn right-wing extremists like those charged in the case. Whitmer has said Trump was complicit in the Jan. 6 Capitol riot.
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Find AP’s full coverage of the Whitmer kidnap plot trial at: https://apnews.com/hub/whitmer-kidnap-plot-trial
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White reported from Detroit.
Copyright 2022 The Associated Press. All rights reserved.
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Russians leave Chernobyl; Ukraine braces for renewed attacks
KYIV, Ukraine (AP) — Russian troops left the heavily contaminated Chernobyl nuclear site early Friday after returning control to the Ukrainians, authorities said, as eastern parts of the country braced for renewed attacks and Russians blocked another aid mission to the besieged port city of Mariupol.
Ukraine’s state power company, Energoatom, said the pullout at Chernobyl came after soldiers received “significant doses” of radiation from digging trenches in the forest in the exclusion zone around the closed plant. But there was no independent confirmation of that.
The exchange of control happened amid growing indications the Kremlin is using talk of de-escalation in Ukraine as cover to regroup, resupply its forces and redeploy them for a stepped-up offensive in the eastern part of the country.
GRAPHIC WARNING: Videos in this story may contain disturbing content.
Ukrainian President Volodymyr Zelenskyy warned that Russian withdrawals from the north and center of the country were just a military tactic to build up forces for new powerful attacks in the southeast. A new round of talks between the countries was scheduled Friday, five weeks into a conflict that has left thousands dead and driven 4 million Ukrainians from the country.
“We know their intentions,” Zelenskyy said in his nightly video address to the nation. “We know that they are moving away from those areas where we hit them in order to focus on other, very important ones where it may be difficult for us.”
“There will be battles ahead,” he added.
Meanwhile in Mariupol, Russian forces blocked a convoy of 45 buses attempting to evacuate people after the Russian military agreed to a limited cease-fire in the area. Only 631 people were able to get out of the city in private cars, according to the Ukrainian government.
Russian forces also seized 14 tons of food and medical supplies in a dozen buses that were trying to make it to Mariupol, Deputy Prime Minister Iryna Vereshchuk said.
The city has been the scene of some of the worst suffering of the war. Tens of thousands have managed to get out in the past few weeks by way of humanitarian corridors, reducing the population from a prewar 430,000 to an estimated 100,000 by last week, but other relief efforts have been thwarted by continued Russian attacks.
The International Atomic Energy Agency said it had been informed by Ukraine that the Russian forces at the site of the world’s worst nuclear disaster had transferred control of it in writing to the Ukrainians. The last Russian troops left early Friday, the Ukrainian government agency responsible for the exclusion zone said.
Energoatom gave no details on the condition of the soldiers it said were exposed to radiation and did not say how many were affected. There was no immediate comment from the Kremlin, and the IAEA said it had not been able to confirm the reports of Russian troops receiving high doses. It said it was seeking more information.
Russian forces seized the Chernobyl site in the opening stages of the Feb. 24 invasion, raising fears that they would cause damage or disruption that could spread radiation. The workforce at the site oversees the safe storage of spent fuel rods and the concrete-entombed ruins of the reactor that exploded in 1986.
Edwin Lyman, a nuclear expert with the U.S.-based Union of Concerned Scientists, said it “seems unlikely” a large number of troops would develop severe radiation illness, but it was impossible to know for sure without more details.
He said contaminated material was probably buried or covered with new topsoil during the cleanup of Chernobyl, and some soldiers may have been exposed to a “hot spot” of radiation while digging. Others may have assumed they were at risk too, he said.
Early this week, the Russians said they would significantly scale back military operations in areas around Kyiv and the northern city of Chernihiv to increase trust between the two sides and help negotiations along.
But in the Kyiv suburbs, regional governor Oleksandr Palviuk said on social media Thursday that Russian forces shelled Irpin and Makariv and that there were battles around Hostomel. Ukrainian forces counterattacked and some Russian withdrawals around the suburb of Brovary to the east, Pavliuk said.
At a Ukrainian military checkpoint outside Kyiv, soldiers and officers said they don’t believe Russian forces have given up on the capital.
“What does it mean, significantly scaling down combat actions in the Kyiv and Chernihiv areas?” asked Brig. Gen. Valeriy Embakov. “Does it mean there will be 100 missiles instead of 200 missiles launched on Kyiv or something else?”
Chernihiv came under attack as well. At least one person was killed and four were wounded in the Russian shelling of a humanitarian convoy of buses sent to Chernihiv to evacuate residents cut off from food, water and other supplies, said Ukrainian Human Rights Commissioner Lyudmyla Denisova.
Elsewhere, Ukraine reported Russian artillery barrages in and around the northeastern city of Kharkiv.
Ukraine’s emergency services also said the death toll had risen to 20 in a Russian missile strike Tuesday on a government administration building in the southern city of Mykolaiv.
NATO Secretary-General Jens Stoltenberg said intelligence indicates Russia is not scaling back its military operations in Ukraine but is instead trying to regroup, resupply its forces and reinforce its offensive in the Donbas.
“Russia has repeatedly lied about its intentions,” Stoltenberg said. At the same time, he said, pressure is being kept up on Kyiv and other cities, and “we can expect additional offensive actions bringing even more suffering.”
The Donbas is the predominantly Russian-speaking industrial region where Moscow-backed separatists have been battling Ukrainian forces since 2014. In the past few days, the Kremlin, in a seeming shift in its war aims, said that its “main goal” now is gaining control of the Donbas, which consists of the Donetsk and Luhansk regions, including Mariupol.
The top rebel leader in Donetsk, Denis Pushilin, issued an order to set up a rival city government for Mariupol, according to Russian state news agencies, in a sign of Russian intent to hold and administer the city.
With talks set to resume between Ukraine and Russia via video, there seemed little faith that the two sides would resolve the conflict any time soon.
Russian President Vladimir Putin said that conditions weren’t yet “ripe” for a cease-fire and that he wasn’t ready for a meeting with Zelenskyy until negotiators do more work, Italian Premier Mario Draghi said after a telephone conversation with the Russian leader.
As Western officials search for clues about what Russia’s next move might be, a top British intelligence official said demoralized Russian soldiers in Ukraine are refusing to carry out orders and sabotaging their equipment and had accidentally shot down their own aircraft.
U.S. intelligence officials have concluded that Putin is being misinformed by his advisers about how badly the war is going because they are afraid to tell him the truth.
Kremlin spokesman Dmitry Peskov said that the U.S. is wrong and that “neither the State Department nor the Pentagon possesses the real information about what is happening in the Kremlin.”
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Karmanau reported from Lviv, Ukraine. Associated Press journalists around the world contributed to this report.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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House passes $35-a-month insulin cap as Dems seek wider bill
WASHINGTON (AP) — The House has passed a bill capping the monthly cost of insulin at $35 for insured patients, part of an election-year push by Democrats for price curbs on prescription drugs at a time of rising inflation.
Experts say the legislation, which passed 232-193 Thursday, would provide significant relief for privately insured patients with skimpier plans and for Medicare enrollees facing rising out-of-pocket costs for their insulin. Some could save hundreds of dollars annually, and all insured patients would get the benefit of predictable monthly costs for insulin. The bill would not help the uninsured.
But the Affordable Insulin Now Act will serve as a political vehicle to rally Democrats and force Republicans who oppose it into uncomfortable votes ahead of the midterms. For the legislation to pass Congress, 10 Republican senators would have to vote in favor. Democrats acknowledge they don’t have an answer for how that’s going to happen.
“If 10 Republicans stand between the American people being able to get access to affordable insulin, that’s a good question for 10 Republicans to answer,” said Rep. Dan Kildee, D-Mich., a cosponsor of the House bill. “Republicans get diabetes, too. Republicans die from diabetes.”
Public opinion polls have consistently shown support across party lines for congressional action to limit drug costs.
But Rep. Cathy McMorris Rodgers, R-Wash., complained the legislation is only “a small piece of a larger package around government price controls for prescription drugs.” Critics say the bill would raise premiums and fails to target pharmaceutical middlemen seen as contributing to high list prices for insulin.
Sen. Chuck Grassley, R-Iowa, said Democrats could have a deal on prescription drugs if they drop their bid to authorize Medicare to negotiate prices. “Do Democrats really want to help seniors, or would they rather have the campaign issue?” Grassley said.
The insulin bill, which would take effect in 2023, represents just one provision of a much broader prescription drug package in President Joe Biden’s social and climate legislation.
In addition to a similar $35 cap on insulin, the Biden bill would authorize Medicare to negotiate prices for a range of drugs, including insulin. It would penalize drugmakers who raise prices faster than inflation and overhaul the Medicare prescription drug benefit to limit out-of-pocket costs for enrollees.
Biden’s agenda passed the House only to stall in the Senate because Democrats could not reach consensus. Party leaders haven’t abandoned hope of getting the legislation moving again, and preserving its drug pricing curbs largely intact.
The idea of a $35 monthly cost cap for insulin actually has a bipartisan pedigree. The Trump administration had created a voluntary option for Medicare enrollees to get insulin for $35, and the Biden administration continued it.
In the Senate, Republican Susan Collins of Maine and Democrat Jeanne Shaheen of New Hampshire are working on a bipartisan insulin bill. Georgia Democratic Sen. Raphael Warnock has introduced legislation similar to the House bill, with the support of Sen. Majority Leader Chuck Schumer of New York.
Stung by criticism that Biden’s economic policies spur inflation, Democrats are redoubling efforts to show how they’d help people cope with costs. On Thursday, the Commerce Department reported a key inflation gauge jumped 6.4% in February compared with a year ago, the largest year-over-year rise since January 1982.
But experts say the House bill would not help uninsured people, who face the highest out-of-pocket costs for insulin. Also, people with diabetes often take other medications as well as insulin. That’s done to treat the diabetes itself, along with other serious health conditions often associated with the disease. The House legislation would not help with those costs, either. Collins says she’s looking for a way to help uninsured people through her bill.
About 37 million Americans have diabetes, and an estimated 6 million to 7 million use insulin to keep their blood sugars under control. It’s an old drug, refined and improved over the years, that has seen relentless price increases.
Steep list prices don’t reflect the rates insurance plans negotiate with manufacturers. But those list prices are used to calculate cost-sharing amounts that patients owe. Patients who can’t afford their insulin reduce or skip doses, a strategy born of desperation, which can lead to serious complications and even death.
Economist Sherry Glied of New York University said the market for insulin is a “total disaster” for many patients, particularly those with skimpy insurance plans or no insurance.
“This will make private insurance for people with diabetes a much more attractive proposition,” said Glied.
Copyright 2022 The Associated Press. All rights reserved.
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$14M jury award for protesters could resonate around US
DENVER (AP) — A federal jury’s $14 million award to Denver protesters hit with pepper balls and a bag filled with lead during 2020 demonstrations over the police killing of George Floyd in Minneapolis could resonate nationwide as courts weigh more than two dozen similar lawsuits.
The jury found police used excessive force against protesters, violating their constitutional rights, and ordered the city of Denver to pay 12 who sued.
Nationwide, there are at least 29 pending lawsuits challenging law enforcement use of force during the 2020 protests, according to a search of the University of Michigan’s Civil Rights Litigation Clearinghouse.
The verdict in Denver could give cities an incentive to settle similar cases rather than risk going to trial and losing, said Michael J. Steinberg, a professor at the University of Michigan Law School and director of the Civil Rights Litigation Initiative. It could also prompt more protesters to sue over their treatment at the hands of police.
“There’s no doubt that the large jury verdict in Denver will influence the outcome of pending police misconduct cases brought by Black Lives Matter protesters across the country,” said Steinberg, whose law students have been working on a similar lawsuit brought by protesters in Detroit.
Lawyers for the claimants argued that police used indiscriminate force against the nonviolent protesters, including some who were filming the demonstrations, because officers did not like their message critical of law enforcement.
“To the protest of police violence they responded with brutality,” one of their attorneys, Timothy Macdonald, told jurors.
People who took part in the protests have already made similar allegations in lawsuits filed across the country.
In Washington, DC, activists and civil liberties groups sued over the forcible removal of protesters before then-President Donald Trump walked to a church near the White House for a photo op. The claims against federal officials were dismissed last year but a judge allowed the case against local police to continue.
Several lawsuits alleging protesters were wrongfully arrested or that police used excessive force have been filed against New York City and its police department, including one brought by New York Attorney General Letitia James that claims police used excessive force and wrongfully arrested protesters. In Rochester, New York, people who protested the death of Daniel Prude, a Black man who lost consciousness after being pinned to the street by officers during a mental health call in 2020, claim police used extreme force against them in a lawsuit that also alleges city officials have allowed a culture of police brutality against racial minorities to fester.
One of their attorneys, Donald Thompson, said he plans to raise the Denver award in settlement talks with the city and note that unlike most of the Denver protesters, some of his clients suffered lasting injuries including the loss of an eye and scarring from being hit in the face with a tear gas canister. Thompson also thinks the Denver verdict shows that the public, in the age of cellphone and body camera videos, is not as willing to give police the benefit of the doubt anymore.
“Now people see how this policing really works. You can’t be naïve,” he said.
A spokesperson for Rochester did not return a call and an email seeking comment. When the case was filed, the city said it had already revised the way police responds to protests.
Over the last two months, the city of Austin, Texas has agreed to pay a total of $13 million to four people who were hit in the head with bean bag rounds fired by police.
Even before the Denver ruling last week, the police department made some changes in response to criticism that arose from the protests, including eliminating the use of 40mm foam rounds for crowd control and changing the way officers are permitted to use pepper balls.
Denver’s Department of Public Safety, which includes the police department, said in a statement that the city was not prepared for the level of sustained violence and destruction. During the trial, lawyers and witnesses said over 80 officers were injured as some in the crowds hurled rocks, water bottles and canned food at them.
The department said it continues to evaluate its policies to “better protect peaceful protestors while addressing those who are only there to engage in violence.”
Still, the large award is not expected to lead to an overhaul of how officers respond to what experts say are inherently chaotic situations that are difficult to prepare for.
Ed Obayashi, a use-of-force consultant to law enforcement agencies and a deputy sheriff and legal adviser in Plumas County, California, said society may have to bear the cost of such settlements because innocent people can be injured during protests as outnumbered police try to react on the fly, including to people intent on violence.
“It really goes south in an instant because there are individuals out there who want to cause chaos,” he said.
Obayashi said there is not much police training for protests, which have been relatively rare. He said it would be prohibitively expensive to have officers practice deploying equipment such as tear gas canisters. Because projectiles used in crowds and considered “less lethal” by police, such as rubber bullets and pepper balls, have less velocity and less power to hurt people, it is harder to ensure they hit their intended target, he said.
Lawyers representing people who have also alleged police misconduct and violation of their constitutional right to protest can now use the Denver damage award as part of their own settlement negotiations, said Mark Silverstein, legal director of the American Civil Liberties Union, which represented some of the winning Denver protesters.
The decision came nearly two years after thousands of people angry about Floyd’s death took the streets nationwide, a relatively quick result for the legal system and soon enough for others who allege misconduct by police to file a claim. In Colorado and many other states, there is a two-year statute of limitations for such lawsuits Silverstein said, leaving only a few months for others to sue.
The city attorney’s office said it has not decided whether to appeal the verdict, but appeals in such big cases are common, said Gloria Browne-Marshall, a professor at John Jay College of Criminal Justice. Outside lawyers will also scrutinize the case to try to determine if there are unique circumstances that may have led to a “lightning in a bottle” verdict that is less likely to be repeated.
However, she thinks the verdict sends a significant message that regular people respect the right of protest and demand change from the government, which she believes police and prosecutors have been undermining.
“It should send a message to both, but whether or not they listen is a different issue,” Browne-Marshall said.
Copyright 2022 The Associated Press. All rights reserved.
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Another solid month of US hiring expected despite obstacles
(AP) - Defying a pandemic and supply chain disruptions, the U.S. economy has cranked out more than 400,000 jobs every month for nearly a year — a blazing winning streak in wildly uncertain times.
And despite surging inflation, the hiring wave likely continued last month in the face of yet another jolt: Russia’s war in Ukraine, which has unsettled the economic outlook and catapulted gasoline prices to painful levels.
Economists surveyed by the data firm FactSet expect the Labor Department’s jobs report for March to show that employers added 478,000 jobs and that the unemployment rate dipped from 3.8% to 3.7%. That would mark the lowest unemployment rate since just before the pandemic struck two years ago, when joblessness reached a 50-year low of 3.5%.
The government will issue the March jobs report at 8:30 a.m. Eastern time Friday.
“With the war in Ukraine, economic uncertainty rising and surging energy prices, we may see a modest slowdown in hiring in March,’’ said Daniel Zhao, senior economist at the jobs website Glassdoor. “However, employer demand remains strong, which should sustain a healthy level of hiring.’’
The booming U.S. job market reflects a robust rebound from the brief but devastating coronavirus recession, which wiped out 22 million jobs in March and April 2020 as businesses shut down or cut hours and Americans stayed home to avoid infection.
But the recovery has been swift. Fueled by generous federal aid, savings amassed during the pandemic and ultra-low borrowing rates engineered by the Federal Reserve, U.S. consumers have spent so fast that many factories, warehouses, shipping companies and ports have failed to keep pace with their customer demand. Supply chains have snarled, forcing up prices.
As the pandemic has eased, consumers have been broadening their spending beyond goods to services, such as health care, travel and entertainment, which they had long avoided during the worst of the pandemic. The result: Inflation is running at 40-year highs, causing hardships for many lower-income households that face sharp increases for such necessities as food, gasoline and rent.
It’s unclear whether the economy can maintain its momentum of the past year. The government relief checks are gone. The Fed raised its benchmark short-term interest rate two weeks ago and will likely keep raising it well into next year. Those rate hikes will result in more expensive loans for many consumers and businesses.
Inflation has also eroded consumers’ spending power: Hourly pay, adjusted for higher consumer prices, fell 2.6% in February from a year earlier — the 11th straight month in which inflation has outpaced year-over-year wage growth. According to AAA, average gasoline prices, at $4.23 a gallon, are up a dizzying 47% from a year ago.
Squeezed by inflation, some consumers are paring their spending. The Commerce Department reported Thursday that consumer spending rose just 0.2%% in February — and fell 0.4% when adjusted for inflation — down from a 2.7% increase in January.
Still, the job market has kept hurtling ahead. Employers posted a near-record 11.3 million positions in February. Nearly 4.4 million Americans quit their jobs, a sign of confidence that they could find something better.
“We’re still seeing a very tight labor market,’’ said Karen Fichuk, CEO of the staffing company Randstad North America, who noted that the United States now has a record 1.7 job openings for every unemployed person.
Even so, so many jobs were lost in 2020 that the economy still remains more than 2 million shy of the number it had just before the pandemic struck. Over the past year, employers have added an average of 556,000 jobs a month. At that pace — no guarantee to continue — the nation would recover all the jobs lost to the pandemic by June. (That still wouldn’t include all the additional hiring that would have been done over the past two years under normal circumstances.)
Brighter job prospects are beginning to draw back into the labor force people who had remained on the sidelines because of health concerns, difficulty finding or affording daycare, generous unemployment benefits that have now expired or other reasons.
Over the past year, 3.6 million people have joined the U.S. labor force, meaning they now either have a job or are looking for one. But their ranks are still nearly 600,000 short of where they stood in February 2020, just before the pandemic slammed into the economy.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kbtx.com/2022/04/01/pope-begs-forgiveness-indigenous-canada-school-abuses/
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Pope begs forgiveness of Indigenous for Canada school abuses
VATICAN CITY (AP) — Pope Francis apologized and begged forgiveness Friday for the “deplorable” abuses suffered by Indigenous Peoples in Canada’s residential schools, saying he was ashamed and indignant at all they had endured at the hands of Catholic educators.
Francis made the apology and vowed to visit Canada during an audience with dozens of members of the Metis, Inuit and First Nations communities who came to Rome seeking a papal apology and a commitment for the Catholic Church to repair the damage.
More than 150,000 native children in Canada were forced to attend state-funded Christian schools from the 19th century until the 1970s in an effort to isolate them from the influence of their homes and culture. The aim was to Christianize and assimilate them into mainstream society, which previous Canadian governments considered superior.
“For the deplorable conduct of those members of the Catholic Church, I ask forgiveness of the Lord,” Francis said. “And I want to tell you from my heart, that I am greatly pained. And I unite myself with the Canadian bishops in apologizing.”
The trip to Rome by the Indigenous was years in the making but gained momentum last year after the discovery of hundreds of unmarked graves outside some of the residential schools. The three groups of Indigenous met separately with Francis over several hours this week, culminating with Friday’s audience.
Francis spoke in Italian, and it wasn’t immediately clear if the audience understood what he had said, though they stood and applauded after he finished.
And the audience continued on with joyous performances of Indigenous prayers, drum, dance and fiddlers that Francis watched, applauded and at one point gave a thumbs up to. The Indigenous then presented him with gifts, including snow shoes.
The head of the Metis, Cassidy Caron, presented Francis with a bound book of their people’s stories: Much of what the Indigenous sought to accomplish during their meetings this week was to tell Francis the individual stories of loss and abuse that they suffered.
The Canadian government has admitted that physical and sexual abuse was rampant at the schools, with students beaten for speaking their native languages. That legacy of that abuse and isolation from family has been cited by Indigenous leaders as a root cause of the epidemic rates of alcohol and drug addiction on Canadian reservations.
Nearly three-quarters of the 130 residential schools were run by Catholic missionary congregations.
Last May, the Tk’emlups te Secwepemc Nation announced the discovery of 215 gravesites near Kamloops, British Columbia, that were found using ground-penetrating radar. It was Canada’s largest Indigenous residential school and the discovery of the graves was the first of numerous, similar grim sites across the country.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kbtx.com/2022/04/01/texas-caseworkers-after-abbotts-order-investigations-into-transgender-kids-parents-given-priority/
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Texas caseworkers: After Abbott’s order, investigations into transgender kids’ parents given priority
AUSTIN, Texas (AP) — When Texas Gov. Greg Abbott put in motion abuse investigations into the parents of some transgender kids, child welfare supervisor Randa Mulanax said what happened next strayed from normal protocols.
There was unusual secrecy, with texts and emails discouraged. Allegations about trans kids received elevated status. In Texas, fewer than three in 10 child welfare investigations end with findings that harm likely occurred — classified as “reason to believe” — but the changes looked to Mulanax like these cases would be predetermined from the start.
“It was my understanding that they wanted to be found ‘reason to believe,’” Mulanax told The Associated Press in her first interview since leaving the Texas Department of Family and Protective Services, where she worked for six years until quitting last month. “That’s why we were having to figure out a way to staff it up and see how we go about it, since it doesn’t match our policy right now.”
As early as Friday, the Texas Supreme Court could decide whether the state can resume at least nine investigations into the parents of transgender children. They are the first to fall on the radar of child welfare authorities since Texas’ Republican governor in February directed the state to begin handling reports of gender-confirming care for kids as child abuse — the first such order issued in the U.S.
The court fight in Texas comes as Republicans across the country are leaning into policies aimed at transgender Americans, most prominently through bans on transgender athletes on girls sports teams. But Texas is the only state where a GOP governor has greenlighted abuse cases against the parents of transgender children, which several current and departing Texas child welfare workers say was rushed into action and has sunk already low morale at their troubled state agency even deeper.
It is unclear how many Texas child welfare investigators — who are tasked with carrying out Abbott’s directive — have quit in protest. Mulanax is one of at least two state Child Protective Services workers who are leaving and added their names this week to a court brief that urged Texas’ justices to keep the investigations sidelined. Five other investigators who remain at the agency also signed on.
Abbott’s instructions to Texas child welfare officials takes aim at treatments for children that include puberty blockers and hormone therapy.
Patrick Crimmins, spokesman for the Texas Department of Family and Protective Services, declined comment Thursday, citing the ongoing lawsuit.
“We’re being so closely monitored on those type of cases that you wouldn’t be able to just say, ‘Oh, nothing to see,’” said Shelby McCowen, a child welfare investigator who called the directive the ‘last straw’ and is quitting after less than a year at the agency.
Texas completed more than 157,000 child welfare investigations in the last fiscal year, according to state data. McCowen said the cases involving parents of transgender families were drawing the same attention as child death investigations, and like Mulanax, said instructions were given not to discuss the cases through state emails or phones — only on personal devices, or face-to-face.
The cases were to be referred to as “special assignments” rather than using a case name or number, according to McCowen. She said upper managers told investigators a survey would be sent out internally to address questions about the directive, but none ever arrived.
“I don’t know how many times they go into the cases, but we’re told that if we get one of these cases, the documentation has to be almost instant because it’s being monitored,” she said.
Abbott’s directive goes against the nation’s largest medical groups, including the American Medical Association, which have opposed Republican-backed restrictions filed in statehouses nationwide. On Thursday, President Joe Biden marked Transgender Day of Visibility by denouncing such legislation, saying “the onslaught of anti-transgender state laws attacking you and your families is simply wrong.”
In pressing that the investigations in Texas be allowed to continue, Republican Texas Attorney General Ken Paxton’s office wrote that “if DFPS cannot investigate possible child abuse, children may be harmed — perhaps irreversibly — in the interim.”
Mulanax said if the investigations were to resume, she considers it unlikely that any children would be removed from their homes around Texas’ biggest cities, which are controlled by Democrats and where some county officials have already said they would reject such cases.
But in the event of a finding of harm, Mulanax said, putting in place what are usually other safety plans don’t make sense to her either. She said those options typically include required parental supervision or services such as therapy, which Mulanax said some of the families might already be doing.
“It was just a complete betrayal of the department,” she said.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kbtx.com/2022/04/01/gm-recalls-nearly-682000-suvs-windshield-wipers-can-fail/
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GM recalls nearly 682,000 SUVs; windshield wipers can fail
Published: Apr. 1, 2022 at 7:04 AM CDT|Updated: 18 minutes ago
DETROIT (AP) — General Motors is recalling nearly 682,000 small SUVs because the windshield wipers can fail.
The recall covers the Chevrolet Equinox and GMC Terrain from the 2014 and 2015 model years.
Ball joints in the wiper module can rust, causing one or both wipers to fail, increasing the risk of a crash.
Dealers will inspect the module and repair or replace it. Owners will be notified by letter starting May 2.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kbtx.com/2022/04/01/parents-ashes-personal-belongings-sold-auction-after-movers-fail-deliver-mans-things/
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Parents’ ashes, personal belongings sold at auction after movers fail to deliver man’s things
WILMINGTON, N.C. (WECT/Gray News) – A man who had been living in Oregon for 25 years decided to move across the country to be closer to family during the pandemic.
Dan Zimmerman landed a physician’s assistant position in Wilmington, packed up everything he owned and started looking for a company to help him with his move in October.
Dismayed by the initial estimates he received, Zimmerman started selling everything he could, deciding only to keep sentimental and high-value items with which he couldn’t part.
By that point, he only had a week before he was supposed to be in Wilmington to start his new job.
He ended up choosing what he thought was Mayflower Transit, one of the most trusted names in the business. Eventually, he learned that was not the case, and he had actually hired another company with a copycat name – Mayflower Relocation Services.
“They scheduled it, I paid them $1,300 with instructions that I’d pay them three payments: $1,300 at the signing of the contract, $1,300 when they come up and pick up my stuff, and another $1,300 when they finally delivered my belongings,” Zimmerman told WECT.
Zimmerman arranged for the company to store his belongings at a storage facility in North Carolina while he tried to find a house.
By December, Zimmerman had purchased a home and called the moving company to schedule delivery, but that’s when he says the excuses started.
First, he was told the mover was having trouble with his truck. Then, the mover had come down with COVID-19 and would be out for two weeks.
Zimmerman said the company stopped talking to him altogether and wouldn’t answer his calls.
Eventually, he received a text saying his things were in a storage unit in Charlotte, but they wouldn’t disclose the address.
Upon further research, he learned Mayflower Relocation Services was not a full-service moving company, but a broker that has an “F” rating with the Better Business Bureau.
They have more than a dozen complaints against them on file, including some from consumers like Zimmerman who said they never received their belongings.
After countless phone calls, Zimmerman learned his move was contracted out to Efficient Moving and Storage, who informed him his things had been in a storage unit in Idaho but were sold in an auction.
“I called and sure enough, somebody had told them that I would be calling them looking for my belongings. And she said, ‘I’m so sorry, but your belongings have been auctioned.’ And sent me pictures. And it just ended my life. I mean, literally, it was unreal,” Zimmerman said of realizing everything he owned had been sold to a stranger without his knowledge.
Not only did his belongings include expensive sporting equipment, antique clocks his father made and a guitar worth over $30,000, but also his deceased parents’ ashes, jewelry and all his family photo albums.
With the help of a warrant obtained by the Eugene, Oregon, Police Department, authorities were able to make contact with the people who’d purchased Zimmerman’s belongings on StorageTreasures.com in mid-February for just under $5,000.
Central Self Storage in Idaho put the contents of the unit up for sale when the person who’d rented it failed to pay the storage bill.
The buyers had already thrown away many of Zimmerman’s pictures and personal effects by the time authorities contacted them.
They offered to mail Zimmerman the remaining photo albums they found, but they had not found his parents’ ashes.
The new owners declined to return any other valuables, saying they were trying to recover the money spent purchasing the contents of the storage unit.
Zimmerman said he remains devastated over the loss and disappointed that there is not a better system in place to police unscrupulous movers.
“I thought I was safe. I already had all my belongings packed. … All they had to do is come pick it up and then deliver it. I never ever, ever perceived that I would lose my entire family history, gone, everything,” Zimmerman said.
In addition to the complaints on file against Mayflower Relocation Services with the Better Business Bureau, the Federal Motor Carrier Safety Administration lists dozens of complaints filed against the company.
Copyright 2022 WECT via Gray Media Group, Inc. All rights reserved.
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https://www.kbtx.com/prnewswire/2022/04/01/94th-academy-awards-generated-more-than-17m-online-mentions-highest-level-seen-5-years/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Sunday's 94th Academy Awards was filled with surprises–catalysts of online conversations that reverberated far after the closing of the ceremony. Beyonce's performance, popular looks from the Red Carpet, the big winners of the night, and the altercation between Will Smith and Chris Rock are all among the subjects of new research conducted by Maven Road to understand what conversations during the gala revealed about the night's winners and unexpected moments.
"We at Maven Road analyzed more than 17.3 million worldwide conversations surrounding The Oscars, the most discussions around the event during the last five years, to analyze what drove that online buzz," said Paul Herrera, COO & Co-founder at Maven Road.
Predictions favored Dune for Best Picture and Spielberg for Best Director
Of all the award categories, Best Picture generated the most attention on social media (708.5K total online conversations). "Dune" was the favorite among online predictions (90.3K mentions before the ceremony), followed by "The Power of the dog" (81.9K mentions). Yet "Coda" triumphed. Many fans expressed their displeasure about "Dune" not winning the category, and praised the film for winning six academy awards.
In the Best Director category, also of great interest among online conversations, Steven Spielberg narrowly surpassed Jane Campion as the favorite (62.4K online mentions vs. 61.7K); yet the "The Power of the Dog," director was awarded the prize, with Campion being among only three women who have taken the statuette in Oscars history. Her win drove the most social buzz among all conversations related to the category (32.8%).
The altercation between Will Smith and Chris Rock drove discussions
The most unexpected moment during the ceremony made the Oscars a trending topic, generating 5.3M total discussions and driving nearly a third of overall Oscar-related conversations (30.8%). It occurred when actor Will Smith struck comedian Chris Rock following a joke about his wife, Jada Pinkett Smith. Some Twitter users remarked that they had not watched the Oscars, commenting that ratings have declined over the past few years; however, the Smith-Rock incident once again placed the event at the center of attention, and controversy.
More than 570K Unique Authors commented about the event. Much of the opinionated commentary about the incident was negative due to fans and celebrities criticizing Will Smith's violent behavior. However, the limited positive conversations stood by Smith's reaction and shared supporting tweets about alopecia and Jada Smith.
Zendaya and Timothée Chalamet sported the most praised looks
Red carpet style was the subject of conversations among 304.7K Unique Users. Most discussions around celebrity fashion at the event occurred around 6:00 pm (55.9K). Media outlets and users shared posts with updates on celebrities' arrivals and the most eye-catching looks. Outlets also discussed the designers behind the celebrities' attire.
Zendaya and Timothée Chalamet were among the celebrities to generate the most buzz for their red carpet style (32.3K and 24.7K mentions, respectively), as fans praised their looks.
The Oscars 2022 proved very memorable, with unexpected moments being the driving force behind conversations that far surpassed those of previous years. The incident involving Will Smith was one of the most mentioned topics and revived the online conversation about the event. The analysis of social conversations about this and other events provides important insight into their relevance and impact.
To read the complete research, please visit: What drove online buzz surrounding the 94th Academy Awards and its memorable moments?
About Maven Road
Maven Road is a global business intelligence firm focused on creating lean, actionable consumer and audience intelligence. Our knowledge and expertise allow our customers to reach new pockets of consumer data that would otherwise remain untapped. Our Big Data, Machine Learning Models, and Advanced Analytics help global brands stay ahead of the market. To learn more, visit mavenroad.com.
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https://www.kbtx.com/prnewswire/2022/04/01/aercap-signs-lease-agreements-ten-new-airbus-a320neo-aircraft-two-new-airbus-a330neo-aircraft-with-ita-airways/
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DUBLIN, April 1, 2022 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has signed lease agreements for ten new Airbus A320neo aircraft and two new Airbus A330neo aircraft with ITA Airways. The aircraft are scheduled to deliver beginning in 2023 through 2024. The integration of these new aircraft is in line with the fleet plan of the Italian flag carrier.
Peter Anderson, Chief Commercial Officer of AerCap, said, "We are very pleased to expand our relationship with ITA Airways through the lease of these twelve advanced-technology Airbus A320neo and A330neo aircraft. These aircraft will enable ITA Airways to expand its network, whilst advancing its commitment to maintain an environmentally friendly, fuel-efficient fleet. We thank the team at ITA Airways for the confidence they have placed in AerCap, and we look forward to building the partnership for many years to come."
Francesco Presicce, Chief Technology Officer of ITA Airways, said: "The integration of these new aircraft is perfectly in line with the Company's fleet plan. This agreement represents a further step in our strategy of building a new environmental-friendly fleet with leadingedge technologies which will optimize efficiency, quality of service and significantly reduce the environmental impact. ITA Airways places the best customer service at the centre of its strategy with a strong focus on sustainability. The collaboration with AerCap allows us to improve cost efficiencies across our fleet. I wish to thank the AerCap team for their cooperation.
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.
This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will", "aim", "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Covid-19 pandemic, our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the consummation of the GECAS transaction on relationships, including with employees, suppliers, customers and competitors, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.
AerCap Holdings N.V.
65 St. Stephen's Green, Dublin 2, Ireland www.aercap.com
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https://www.kbtx.com/prnewswire/2022/04/01/aex-vietnam-endorser-competition-begins/
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AEX Vietnam Endorser Competition Begins - 100,000 USDT Giveaways!
HO CHI MINH CITY, Vietnam, April 1, 2022 /PRNewswire/ -- With the launch of the Vietnam Operation Center, AEX Global started the Vietnamese Blockchain Eco-development Plan with 100,000,000 USD. Recently, AEX announced that they will launch the 'Vietnam Endorser Competition' activity on April 7, 2022. The top 3 endorsers will get over 2,000,000,000 VND rewards (valued at 100,000 USD), among which the champion will get 1,500,000,000 VND (valued at 66,666 USD), the prize for second place is 380,000,000 VND (valued at 16,666 USD), and the third place gets 150,000,000 VND (valued at 6,666 USD). The top 10 will get the rewards and customized NFT! AEX Global declares its global business expansion with a high endorsement bonus and endorsers voted by users is also in line with the current DAO principle in the blockchain ecosystem, which will further establish AEX Vietnam ecosystem. Endorser application link: https://forms.gle/ssyRqwTAi8kN9xXu8
Different from other crypto exchanges, AEX Global doesn't cooperate with sports stars for brand exposure, nine years of experience have led AEX to opt for a more ecologically oriented DAO style instead. By community voting to select the native KOL(s), Vietnam blockchain investors can deeply involve themselves in ecological construction and also share crypto finance development bonuses. Currently, AEX has launched dozens of ecological activities, providing global blockchain investors with diversified portfolios.
"AEX Global Vietnam Operation Center has launched a series of ecological activities for Vietnamese users, for example Vietnam Endorser Competition, Up To 1,000 USDT Registration Rewards, 100% Novice Finance APR, Trading Sharing Of 200,000 USDT, and KAI Token Giveaways In Listing Desk and so on. From the very first moment a user enters AEX.com, he/she can enjoy richer investment ideas and obtain higher returns as the platform provides them with comprehensive and complete finance events. AEX crypto service platform gathers business models such as Finance, Loan, Mining, and DeFi as it is striving to provide a stable, safe, and professional digital finance management service for users around the world", said by Brand spokesperson of AEX, Shergina Asya.
The closer you look, the further you see. AEX Global Service Platform is continually developing, and our goal is to provide 1 billion people with safe, complete, simple, and diversified crypto finance management service in the next 9 years.
Vietnam Endorser Competition is in full swing, up to 100,000 USDT Giveaway, rewards sending the top 10 competitors and the Champion gets 66,666 USDT!
Click to become an Endorser: https://forms.gle/ssyRqwTAi8kN9xXu8
AEX: https://www.aex.com/page/h5/m_regist.html#/newByInvite?from=q0c909
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https://www.kbtx.com/prnewswire/2022/04/01/afrm-shareholder-alert-jakubowitz-law-reminds-affirm-holdings-inc-shareholders-lead-plaintiff-deadline-april-29-2022/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Affirm Holdings, Inc. (NASDAQ: AFRM).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/affirm-holdings-inc-loss-submission-form/?id=25394&from=4
This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to the filed complaint, on February 10, 2022 at approximately 1:15 p.m., Affirm issued a Tweet from its official account in which the Company disclosed certain metrics from its second quarter 2022 financial results. The Tweet, which was published prior to the Company's planned release of its financial results, portrayed a highly successful quarter, which included an increase in revenue of 77%. This caused Affirm's share price to spike nearly 10% in intra-day trading. The Tweet was materially misleading, in that it omitted to disclose the full details of Affirm's second quarter financial results. Affirm deleted the Tweet and released its full second quarter financial results ahead of schedule. The full financial results were lackluster – with the Company posting a loss of $0.57 per share, compared with analyst expectations of $0.37 per share.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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https://www.kbtx.com/prnewswire/2022/04/01/alcresta-therapeutics-announces-series-commercial-milestone-achievements-relizorb/
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NEWTON, Mass., April 1, 2022 /PRNewswire/ -- Alcresta Therapeutics, Inc., a leading commercial-stage company focused on developing and commercializing novel enzyme-based products, today announced a series of commercial milestone achievements. Alcresta announced its first profitable year in 2021, the completion of royalty payments to the Cystic Fibrosis Foundation (CFF) and a doubling of its sales force to expand the promotion of RELiZORB, a first-of-its-kind digestive enzyme cartridge used in enteral feeding designed to mimic the function of pancreatic lipase. RELiZORB is the only enzyme product cleared by the FDA for use in enteral feeding.
Payer access to RELiZORB has improved significantly over the last two years, resulting in 70% growth year-over-year in net sales with 24% adjusted EBITDA. In December 2013, CFF granted to Alcresta a research award to support the research program that resulted in RELiZORB. As part of the grant agreement, Alcresta agreed to pay certain royalties and milestone payments over time. The rapid net sales growth allowed the company to complete its royalty obligation to CFF, which was an early supporter of the company's platform. Alcresta's final royalty payment to CFF was made in March 2022.
"Both broad payer access and profitability have allowed us to further invest to reach deeper into the population of CF patients who are enterally fed," said Daniel Orlando, Chief Executive Officer at Alcresta Therapeutics.
Supporting this rapid growth is a recently expanded account manager team up from seven sales territories in one region to 16 territories in two regions. RELiZORB is currently used by approximately 23% of treatable patients within the cystic fibrosis total addressable market. Over the past 24 months, RELiZORB has been added as a covered benefit for most commercial payers and state Medicaids. This expanded access follows the recent favorable CMS/Medicare local coverage determination (LCD ID No. 38955) covering RELiZORB for patients who meet the coverage criteria for enteral nutrition and have a diagnosis of exocrine pancreatic insufficiency. The improved access allows the expanded sales team to accelerate execution of Alcresta's commercial strategy to position RELiZORB as the standard of care for enterally fed patients with CF.
For more information on RELiZORB, please visit www.relizorb.com
About Alcresta Therapeutics, Inc.
Alcresta Therapeutics, Inc. is dedicated to developing and commercializing novel, enzyme-based products designed to address challenges faced by patients living with gastrointestinal disorders and rare diseases. Alcresta currently markets RELiZORB for enterally fed patients with pancreatic insufficiency, which occurs in cystic fibrosis, pancreatic cancer, and pancreatitis, and is developing platform applications for patients with short bowel syndrome (SBS) and prematurely born infants treated in the NICU. Alcresta Therapeutics, Inc. is backed by top-tier investors: Athyrium Capital Management, Bessemer Venture Partners, HealthQuest Capital, Frazier Healthcare Partners, and Third Rock Ventures. More information can be found at www.alcresta.com.
Internal Media Contact:
Corey Starke
Alcresta Therapeutics, Inc.
media@alcresta.com
617-431-3600
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https://www.kbtx.com/prnewswire/2022/04/01/alten-technology-usa-syncroness-merge-strengthen-us-engineering-service-offerings/
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Merger brings decades of engineering and IT consulting experience together under one roof
TROY, Mich., April 1, 2022 /PRNewswire/ -- ALTEN Technology USA Inc. and Syncroness Inc. have merged under the name ALTEN Technology USA Inc. This merger combines decades of project-based engineering and IT consulting experience so clients can benefit from a wider array of service offerings on a larger scale across the U.S. and around the world.
Both ALTEN Technology USA and Syncroness have provided engineering consulting, product development and IT consulting services to clients for more than 20 years. Going forward, ALTEN Technology USA will support the aerospace, defense, automotive, industrial, rail, medtech, energy and environment, life science and robotics and unmanned systems industries.
According to Brian Wyatt, COO of ALTEN Technology USA, "Combining Syncroness' 20-plus years of specialized product development experience with ALTEN's scale and global footprint will enable us to provide our clients with even more value while cultivating deeper relationships, which is what our business is all about."
Mike Walraven, CEO of Syncroness, agrees: "This merger will allow us to better serve our clients by working on bigger and more complex projects while retaining our commitment to providing our clients with high-quality work and world-class talent."
ALTEN Technology USA will remain a wholly owned subsidiary of the ALTEN Group, a French multinational engineering and IT consulting company founded in 1988. The ALTEN Group operates in 30 countries across Europe, North America, Asia, Africa and the Middle East and has more than 40,000 employees worldwide. Syncroness was acquired by the ALTEN Group in 2017 but operated independently until this merger.
For more information about ALTEN Technology USA, please visit www.altenusa.com.
About ALTEN Technology USA: ALTEN Technology USA is an engineering consulting company that provides innovative solutions for engineering, IT and product development projects across the product life cycle. For decades, ALTEN Technology USA has been helping clients develop products that are changing the world, whether by shaping the future of space exploration, saving lives with medical devices that set new standards of care or creating the fully autonomous electric taxi of tomorrow. The company provides support across industries including aerospace, defense, medtech and life sciences, unmanned systems and robotics, automotive OEM and Tier 1 suppliers, commercial vehicles, electric vehicles, energy and environment, rail and more.
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https://www.kbtx.com/prnewswire/2022/04/01/april-is-national-safe-digging-month/
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Southwest Gas reminds the public to stay safe and call 811 before digging
PHOENIX, April 1, 2022 /PRNewswire/ -- Nearly two in five homeowners throughout the country will put themselves – and their communities – at risk by not calling 811 before beginning digging projects*. April is historically the beginning of the dig season in many of our service areas and is recognized nationally as Safe Digging Month.
It's important for professional excavators and do-it-yourself homeowners to know that one easy, free phone call to 811 quickly begins the process of getting underground utility lines marked for free. Call 811 is for residential and commercial digging jobs of all sizes, from planting trees and mailbox installation to large construction projects. Completing this process before starting any digging project is critical to preventing accidents. The annual societal cost of damages to underground infrastructure nationally exceeds $30 billion.
While damages to Southwest Gas infrastructure dipped slightly in 2021, 32% of pipeline damages in our service territories were caused by a failure to call 811 at least two working days in advance, which matches the national figure.
Anyone who thinks they may have damaged an underground pipeline, even if they're not a natural gas customer, should leave the area immediately and call 911 and Southwest Gas at 877-860-6020. A natural gas leak can be detected by a distinct sulfur-like odor, similar to rotten eggs, even if it's faint or momentary. Unusual hissing or roaring coming from the ground or an above-ground pipeline, bubbling water and discolored plants or grass surrounding a pipeline can also be signs of a leak.
For more information about the Call 811 process and natural gas safety, visit swgas.com/safety.
Southwest Gas Corporation proudly serves more than two million customers in Arizona, California and Nevada, safely and reliably. For more information about Southwest Gas, please visit www.swgas.com.
*Courtesy Common Ground Alliance 2021 Omnibus Study
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https://www.kbtx.com/prnewswire/2022/04/01/barbara-bush-foundation-receives-16-million-grant-dollar-general-literacy-foundation/
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Award will support implementation of the first-ever multisector National Action Plan for Adult Literacy
WASHINGTON, April 1, 2022 /PRNewswire/ -- The Barbara Bush Foundation for Family Literacy is pleased to announce that it has received a grant of $1.6 million from the Dollar General Literacy Foundation to support implementation of the National Action Plan for Adult Literacy.
Conceived and convened by the Barbara Bush Foundation, the first-ever National Action Plan for Adult Literacy was developed in collaboration with more than 100 expert stakeholders including representatives from corporations and foundations; community organizations and associations; federal, state and local governments; academic experts; and edtech leaders. The plan was officially launched at the Foundation's National Summit on Adult Literacy in October 2021, which featured Dr. Jill Biden, First Lady of the United States, as keynote speaker.
This multisector, multiyear initiative aims to transform adult and family literacy for millions of Americans by driving inclusive, collective action to address systemic challenges over the next five years. The plan has three broad, mutually reinforcing goals:
- Access: Make literacy support services accessible to everyone who wants them.
- Quality: Ensure that literacy programs are effective and efficient in helping adults improve their reading, writing, digital and numeracy skills.
- Participation: Encourage more adults to engage in support programs that improve their literacy, digital and numeracy skills.
Today, 130 million Americans – 54% of adults between the ages of 16 and 74 years old – lack proficiency in literacy, essentially reading below the equivalent of a sixth-grade level. A 2020 Gallup study commissioned by the Barbara Bush Foundation found that the U.S. could be losing up to $2.2 trillion annually in GDP due to low adult literacy rates.
"Literacy is about so much more than words on a page. It's an issue of equity that is directly linked to the social and economic wellbeing of not only individuals and their families, but businesses, communities and our entire nation," said British A. Robinson, president and CEO of the Barbara Bush Foundation. "We couldn't ask for a better partner than the Dollar General Literacy Foundation, one of the nation's most steadfast voices for literacy, as we work to move the needle on this issue once and for all."
"The National Action Plan has the ability to transition our shared vision of a country in which adults can easily access high-quality, effective literacy support in their hometown communities to collective action," said Denine Torr, vice president corporate social responsibility and philanthropy for Dollar General and executive director of the Dollar General Literacy Foundation. "Working together, we can begin to address the opportunity gaps that exist and serve more students. We are very proud to partner with the Barbara Bush Foundation on this effort," said Torr, who also serves as a member of the Barbara Bush Foundation's board of directors.
The Dollar General Literacy Foundation recently announced a commitment of approximately $5 million in grants to five national organizations working to address the critical literacy needs identified in its newly released State of American Literacy Report. The two-year commitment to the Barbara Bush Foundation for Family Literacy will support implementation of the National Action Plan for Adult Literacy, with a focus on boosting literacy organizations, advancing professional development for teachers and identifying opportunity gaps.
About the Barbara Bush Foundation for Family Literacy: The Barbara Bush Foundation for Family Literacy has been the nation's leading advocate for family literacy for more than three decades. Established by former First Lady Barbara Bush in 1989, the Foundation is a public charity dedicated to creating a stronger, more equitable America in which everyone can read, write and comprehend in order to navigate the world with dignity. To learn more, visit www.BarbaraBush.org.
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https://www.kbtx.com/prnewswire/2022/04/01/bd-announces-completion-embecta-corp-spinoff/
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FRANKLIN LAKES, N.J., April 1, 2022 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced that it has completed its spinoff of Embecta Corp. (embecta) (NASDAQ: EMBC), which holds BD's former Diabetes Care business and is now one of the largest pure-play diabetes management companies in the world.
"The completion of this spinoff is a significant achievement for both BD and embecta," said Tom Polen, chairman, CEO and president of BD. "While BD is proud of its heritage in the diabetes care category, we are just as excited to see our legacy advanced by embecta as a newly independent, publicly-traded corporation. Moving forward, each of our organizations will be able to focus on investment and innovation in our respective core businesses, support our customers and the patients they serve, drive strategic growth and enhance long-term shareholder value."
The spinoff of embecta demonstrates BD's ongoing commitment to the company's BD 2025 strategy, which includes its three strategic pillars of Grow, Simplify and Empower. The strategic rationale for the spinoff was to create two, independent companies with attractive long-term value for BD shareholders and enhanced strategic, operational and financial characteristics. Each company will focus on its core business and product portfolios, with BD maintaining its category leadership positions across its BD Medical, BD Life Sciences and BD Interventional segments.
embecta will focus on building on its solid foundation as the leading producer of diabetes injection devices, investing in both organic and inorganic growth opportunities and improving the lives of people living with diabetes.
Shareholders will receive one share of embecta common stock for every five common shares of BD that they held as of the close of business on March 22, 2022, the record date for the spin-off, with cash in lieu of any fractional shares of embecta common stock.
BD retains no ownership interest in embecta, which will begin trading today on the NASDAQ under the symbol EMBC on a "regular way" basis.
Perella Weinberg Partners LP, Morgan Stanley & Co. LLC, Wachtell, Lipton, Rosen & Katz, Skadden, Arps, Slate, Meagher & Flom LLP, Baker McKenzie, and PricewaterhouseCoopers are acting as advisors to BD in connection with the transaction.
Please visit investors.bd.com for additional information regarding the spinoff, including links to filings with the SEC.
About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 75,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit bd.com or connect with us on LinkedIn at www.linkedin.com/company/bd1/ and Twitter @BDandCo.
Forward-Looking Statements This press release contains certain forward-looking statements (as defined under Federal securities laws) regarding BD and the spinoff of embecta, including the anticipated benefits of the spinoff. All such statements are based upon current expectations of BD and involve a number of risks and uncertainties. With respect to forward-looking statements contained herein, a number of factors could cause actual outcomes to vary materially. These factors include, but are not limited to, risks associated with the impact or terms of the spinoff, as well as other factors discussed in BD's filings and embecta's filings with the SEC. We do not intend to update any forward-looking statements to reflect events or circumstances after the date hereof except as required by applicable laws or regulations.
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https://www.kbtx.com/prnewswire/2022/04/01/better-homes-gardens-real-estate-masiello-group-announces-new-director-its-award-winning-relocation-services/
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BEDFORD, N.H., April 1, 2022 /PRNewswire/ -- Better Homes and Gardens Real Estate The Masiello Group has a new Director of Relocation Services to lead its highly-recognized relocation team.
Diane Stuart was named Director of Relocation Services & Business Development this month, bringing nearly 25 years of experience as a licensed real estate agent and extensive expertise in relocation services. The Masiello Group's relocation department works with the highest ranking brokerages in the country to relocate corporate employees as they move in and out of New England.
"Diane is a proven agent and leader in the relocation field," said Chris Masiello, Chairman and CEO of Better Homes and Gardens Real Estate The Masiello Group. "We couldn't be more pleased she's taken this role to lead this important part of the Masiello business portfolio."
Stuart has been an agent with the Masiello Group for the past 22 years and a resident of New Hampshire for more than 30 years, giving her on-the-ground expertise and understanding of which communities will best fit families as when they move into New England. She has served as Closing Coordinator, Business Support Specialist, and Relocation Coordinator/Affinity Manager for The Masiello Group, building affinity relationships with organizations like AARP and Navy Federal Credit Union (NFCU).
"First and foremost, I hope to maintain the high level of service this award-winning department has consistently delivered," said Stuart. "The real estate market has grown hyper-competitive in recent years. By leveraging our deep experience in the New England real estate market and stand-out service, we can continue to meet the needs of our corporate relocation clients."
The Masiello Group has been widely recognized as a leader in relocation services, named a Top 25 Broker by Realogy Leads Group in 2022 for its excellent performance and customer satisfaction. This prestigious annual award honors the top 25 companies across the Realogy Advantage Network of more than 500 brokerages nationwide. Award criteria are based on rigorous scoring and success in a variety of performance metrics surrounding customer satisfaction.
Since 2012, The Masiello Group has received 19 awards for its relocation services from organizations such as the Cartus Broker Network, RealTrends 500, AIRES Broker Network, and USAA.
About The Masiello Group
With 36 offices throughout Northern New England, Better Homes and Gardens Real Estate The Masiello Group is the largest real estate firm north of Boston and is the only company in the region to offer a complete spectrum of home services, including mortgage, title, home warranty, homeowner insurance, and relocation services. The Masiello Group was recently named a Top 25 Broker by Realogy Leads Group in recognition of its excellent performance and customer satisfaction. In January 2022, Swanepoel Power 200 recognized Chairman and CEO Christopher J. Masiello as one of the most influential leaders in the residential real estate industry. Visit www.masiello.com.
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https://www.kbtx.com/prnewswire/2022/04/01/biostage-reports-fourth-quarter-fiscal-year-2021-financial-results/
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HOLLISTON, Mass., April 1, 2022 /PRNewswire/ -- Biostage, Inc. (OTCQB: BSTG) ("Biostage" or the "Company"), a cell-therapy biotechnology company with successful "first-in-human" experience in treating esophageal cancer (conducted at the Mayo Clinic and published last August) and FDA approval to commence a clinical trial of the Biostage Esophageal Implant for severe esophageal disease including cancer, today announced its financial results for the three months and year ended December 31, 2021.
The Company will be hosting a conference call on Friday, April 1, 2022 at 9;00 A.M. Eastern Time. You can access the live conference call by dialing the following phone numbers toll free 877-407-8293 or international +1 201-689-8349.
For the three months ended December 31, 2021, the Company reported a net loss of $5.9 million, or $0.55 per share, as compared to a net loss of $1.0 million, or $0.12 per share, for the three months ended December 31, 2020. The $4.9 million quarter-over-quarter increase in net loss was due primarily to a charge of approximately $3.3 million relating to the contingency matter for our ongoing litigation for a wrongful death complaint and related matters more fully described in Note 9 to our consolidated financial statements and an increase in legal costs of approximately $1.3 million for fees for filing claims against our insurance carrier to seek continuance of insurance coverage for the same litigation. In addition, research and development costs increased $0.2 million and the Company recognized lower grant income for qualified expenditures from the SBIR grant of $0.1 million as the grant expired effective September 30, 2021.
Net loss increased approximately $3.1 million to approximately $8.0 million, or $0.79 per share, for the year ended December 31, 2021 as compared to approximately $4.9 million, or $0.55 per share, for the year ended December 31, 2020.
The $3.1 million year-over-year increase in net loss was due primarily to a charge of approximately $3.3 million relating to the contingency matter for our ongoing litigation for a wrongful death complaint and related matters more fully described in Note 9 to our consolidated financial statements and an increase in legal costs of approximately $1.3 million for fees for filing claims against our insurance carrier to seek continuance of insurance coverage for the same litigation. These increases are offset, in part, by approximately $0.8 million of lower employee and share-based expenses due to the separations of our former chief executive and chief financial officers during 2020.
In addition, research and development costs decreased by $0.5 million Notes Payable were forgiven resulting in a $0.4 million gain and grant income decreased by $0.2 million which account for the change in net loss year-over-year.
As of December 31, 2021, the Company had operating cash on-hand of $1.2 million, a decrease of $0.2 million from the prior year. During the year ended December 31, 2021, the Company used net cash in operations of $2.6 million, which was offset, in total, by $2.8 million of proceeds from private placement transactions that resulted in the issuance of 1,372,464 shares of our common stock and warrants to existing investors.
We expect that our operating cash on-hand as of December 31, 2021 of $1.2 million will enable us to fund our operating expenses and capital expenditure requirements into early third quarter of 2022.
Biostage is a clinical-stage biotech company that uses cell therapy to regenerate organs inside the human body to treat cancer, trauma and birth defects. We have performed the world's first regeneration of an esophagus in a human cancer patient. This surgery was performed at Mayo Clinic and was published in August 2021.
Biostage has 7 issued U.S. patents, 2 orphan-drug designations (which provide 7 years of market exclusivity in addition to any patents), and the possibility of 2 Priority Review Vouchers from the FDA.
Biostage's current goals include raising capital, uplisting from the OTC bulletin board to NASDAQ and beginning its clinical trial for repair of the esophagus in adults.
For more information, please visit www.biostage.com and connect with the Company on Twitter and LinkedIn.
Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements in this press release include, but are not limited to, statements relating to the capabilities and performance of our products and product candidates; our capital raising plans and expectations, including uplifting to NASDAQ; development expectations and regulatory approval of any of the Company's products, including those utilizing its Biostage Esophageal Implant technology, by the U.S. Food and Drug Administration, the European Medicines Agency or otherwise, which expectations or approvals may not be achieved or obtained on a timely basis or at all; and success with respect to any collaborations, clinical trials and other development and commercialization efforts of the Company's products, which such success may not be achieved or obtained on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, the Company's inability to obtain needed funds in the immediate future; the Company's ability to obtain and maintain regulatory approval for its products; plus other factors described under the heading "Item 1A. Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 or described in the Company's other public filings. The Company's results may also be affected by factors of which the Company is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based.
Investor Relations Contact
Shunfu Hu
Vice President of Business Development
and Operations
774-233-7300
shu@biostage.com
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https://www.kbtx.com/prnewswire/2022/04/01/blue-fin-group-an-integrichain-company-promotes-reena-k-patel-partner/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Blue Fin Group, a full-service management consulting firm to the pharmaceutical industry, today announced the promotion of Reena K. Patel to Partner. Reena joined Blue Fin Group in 2011 as Principal Consultant, and has advised pharmaceutical manufacturers extensively across the entire commercialization spectrum, primarily focusing on product commercialization launches and strategy development, market access, gross-to-net optimization, government pricing and public policy, and channel and patient services. In her new role, Reena will have direct client oversight and responsibility and will lead several corporate responsibilities.
"Reena is a go-to expert in government pricing, contracting, compliance and reimbursement both with our clients and within our firm," said William Roth, Blue Fin Group's General Manager and Managing Partner. "She has been instrumental helping interpret and analyze the impact of healthcare policy areas for our largest clients, and has finely honed her consulting and leadership skills. Most importantly, Reena has valued and effectively communicated our mission and core purpose to help our clients bring their science to market to ensure patients have affordable access to life saving products in a timely manner. Now with our recent acquisition by IntegriChain, her expertise is even more critical as our broader organization supports roughly 400 manufacturers across contracting, government pricing, gross-to-net and an array of products and services that optimize the patient journey."
Reena grew up in Dallas (Plano), Texas and currently resides in New York City. She holds a Bachelor of Science in Pharmaceutical and Healthcare Business from the Mayes College of Healthcare Business and Policy, University of Sciences in Philadelphia (USP).
Learn more about Reena K. Patel at https://youtu.be/DyBpRe3Lflc.
About Blue Fin Group, an IntegriChain Company
Blue Fin Group develops strategies to optimize patient access, commercialization, and gross-to-net to support life sciences manufacturers throughout the product life cycle. Blue Fin Group is a full-service management consulting firm delivering research, strategy, and implementation to help manufacturers align all the elements of marketing, market access, field sales, pharmacy and distribution, and patient services as a seamless commercial strategy that helps optimize patient outcomes. Blue Fin Group has served more than 300 manufacturers–primarily those commercializing their first asset or large global firms with products that span cell and gene therapies, orphan/rare, specialty, primary care, vaccines, biosimilars, and generics.
For additional information, visit https://consultbfg.com/ or follow on Twitter bluefingroup and LinkedIn.
For Media Inquiries: Contact Cynthia Keveney at ckeveney@consultbfg.com
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https://www.kbtx.com/prnewswire/2022/04/01/borgwarner-completes-acquisition-santrolls-light-vehicle-emotor-business/
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- Expected to strengthen electric propulsion systems leadership
- Complementary, market leading vertical integration capabilities
AUBURN HILLS, Mich., April 1, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll's eMotor business. The acquisition is expected to strengthen BorgWarner's vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market.
"We are pleased to complete our acquisition of Santroll and welcome Santroll's talented employees in China to BorgWarner," said Frédéric Lissalde, President and CEO, BorgWarner.
Based in Tianjin, China, Santroll designs and manufactures hairpin and concentrated-winding technology eMotors for use in light vehicles. Santroll supplies its patented technology to the Chinese OEM market. With nearly 400 full-time employees, Santroll brings manufacturing equipment design capabilities and proven automation expertise that have allowed it to secure business relationships with many leading customers in China.
About BorgWarner
For more than 130 years, BorgWarner has been a transformative global product leader bringing successful mobility innovation to market. Today, we're accelerating the world's transition to eMobility — to help build a cleaner, healthier, safer future for all.
Forward-Looking Statements: This press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "project," "pursue," "seek," "should," "target," "when," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Further, all statements, other than statements of historical fact contained or incorporated by reference in this press release that we expect or anticipate will or may occur in the future regarding our financial position, business strategy and measures to implement that strategy, including changes to operations, competitive strengths, goals, expansion and growth of our business and operations, plans, references to future success and other such matters, are forward-looking statements. Accounting estimates, such as those described under the heading "Critical Accounting Policies and Estimates" in Item 7 of our most recently-filed Annual Report on Form 10-K ("Form 10-K"), are inherently forward-looking. All forward-looking statements are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and the Company's actual results may differ materially from those expressed, projected or implied in or by the forward-looking statements.
You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply disruptions impacting us or our customers, such as the current shortage of semiconductor chips that has impacted original equipment manufacturer ("OEM") customers and their suppliers, including us; commodities availability and pricing; competitive challenges from existing and new competitors including OEM customers; the challenges associated with rapidly-changing technologies, particularly as relates to electric vehicles, and our ability to innovate in response; uncertainties regarding the extent and duration of impacts of matters associated with the COVID-19 pandemic, including additional production disruptions; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of acquisitions on a timely basis including our recent acquisition of AKASOL AG and our 2020 acquisition of Delphi Technologies PLC; the ability to identify appropriate combustion portfolio businesses for disposition and consummate planned dispositions on acceptable terms; the failure to promptly and effectively integrate acquired businesses; the potential for unknown or inestimable liabilities relating to the acquired businesses; our dependence on automotive and truck production, both of which are highly cyclical and subject to disruptions; our reliance on major OEM customers; fluctuations in interest rates and foreign currency exchange rates; our dependence on information systems; the uncertainty of the global economic environment; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; future changes in laws and regulations, including, by way of example, taxes and tariffs, in the countries in which we operate; impacts from any potential future acquisition or disposition transactions; and the other risks noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this press release to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.
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https://www.kbtx.com/prnewswire/2022/04/01/bright-scholar-announces-receipt-nyse-non-compliance-letter-regarding-ads-trading-price/
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FOSHAN, China, April 1, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it has received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") dated March 25, 2022, notifying the Company that it is below compliance standards due to the trading price of the Company's American depositary shares (the "ADSs") and that the applicable cure period for the Company to regain compliance expires on September 26, 2022.
Pursuant to applicable NYSE continued listing standards, a company would be considered "below criteria" by the NYSE if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its ADS trading price and average ADS trading price back above $1.00 within the applicable cure period following receipt of the notification. The company can regain compliance at any time during the cure period if on the last trading day of any calendar month during the cure period the company has an ADS closing price of at least $1.00 and an average ADS closing price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the cure period, both a $1.00 ADS closing price on the last trading day of the cure period and a $1.00 average ADS closing price over the 30 trading-day period ending on the last trading day of the cure period are not attained, the NYSE will commence suspension and delisting procedures.
To address this issue, the Company intends to monitor the market conditions of its listed securities and is still considering its options.
About Bright Scholar Education Holdings Limited
Bright Scholar is a global premier education service company, which primarily provides quality international education to global students and equip them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
IR Contact:
GCM Strategic Communications
Email: BEDU.IR@gcm.international
Media Contact:
Email: media@brightscholar.com
Phone: +86-757-6683-2507
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SOURCE Bright Scholar Education Holdings Ltd.
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https://www.kbtx.com/prnewswire/2022/04/01/caba-shareholder-alert-jakubowitz-law-reminds-cabaletta-shareholders-lead-plaintiff-deadline-april-29-2022/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Cabaletta Bio, Inc. (NASDAQ: CABA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/cabaletta-bio-inc-loss-submission-form/?id=25393&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 24, 2019; and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Cabaletta Bio, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that Cabaletta's lead product candidate, DSG3-CAART, had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
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https://www.kbtx.com/prnewswire/2022/04/01/cae-announces-appointment-patrick-m-shanahan-caes-board-directors/
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MONTREAL, April 1, 2022 /PRNewswire/ - (NYSE: CAE; TSX: CAE) - CAE announced today the appointment of Patrick M. Shanahan as a new member of CAE's Board of Directors.
"We are very pleased to welcome Patrick M. Shanahan to CAE's Board of Directors. Mr. Shanahan's more than 30 years of experience in the defense sector will help CAE achieve greater alignment with the needs and priorities of National Defense Departments, from the U.S. and Canada, to NATO and allies worldwide. He brings deep knowledge of Defense policy, strategy, technology, supply chain and operations that will strengthen our Board." said the Honourable John Manley, Chair of CAE's Board of Directors.
Mr. Shanahan served as Acting U.S. Secretary of Defense in 2019 and as Deputy Secretary of Defense from 2017 to 2019. He also helped lead the development of several key U.S. Department of Defense policies and strategies in 2018 and 2019.
Shanahan also provided critical leadership in the creation of the Space Force and execution of the first-ever full-scope U.S. Department of Defense financial statement audit. He was a champion of digital and technological advancement for the department, spearheading modernization in cybersecurity, artificial intelligence, cloud computing and command, control and communication. Shanahan also established the Joint Artificial Intelligence Center in 2018 and published The Department of Defense's Artificial Intelligence Strategy.
Shanahan previously served as Senior Vice President, Supply Chain & Operations at The Boeing Company. He joined Boeing in 1986, becoming involved in Computer Services and the Boeing 777 program. Over the course of his career, he held management roles with respect to the Boeing Defense Systems, as well as 737, 747, 767, 777, and 787 commercial airline programs. He served at Boeing until 2017.
Patrick M. Shanahan is a National Academy of Engineering Member, a Royal Aeronautical Society Fellow, a Society of Manufacturing Engineers Fellow and an American Institute of Aeronautics and Astronautics Associate Fellow. He also served as a regent at the University of Washington for over five years.
Mr. Shanahan holds a Bachelor of Science degree in mechanical engineering from the University of Washington and two advanced degrees from the Massachusetts Institute of Technology.
For more on CAE's Board of Directors, click here.
CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of 75 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. As testament to our customers' ongoing needs for our solutions, over 60 percent of CAE's revenue is recurring in nature. We have the broadest global presence in our industry, with approximately 13,000 employees, 180 sites, and training locations in over 35 countries. www.cae.com
Follow us on Twitter: CAE_Inc
Facebook: www.facebook.com/cae.inc
LinkedIn: www.linkedin.com/company/cae
Hashtags: #CAE; #CAEpilot
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SOURCE CAE INC.
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https://www.kbtx.com/prnewswire/2022/04/01/caesars-entertainment-inc-report-2022-first-quarter-results-may-3-2022/
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LAS VEGAS and RENO, Nev., April 1, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the first quarter 2022 after the market closes on Tuesday, May 3, 2022. The company will also host a conference call on May 3, 2022 at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company.
Participants should dial (833) 665-0647, or (914) 987-7309 for international callers, and enter Conference ID 8183518 approximately 10 minutes before the call start time. The call will be accessible on the Investor Relations section of Caesars Entertainment's website at https://investor.caesars.com.
A recording of the live call will be available on the Investor Relations section of the Company's website for 90 days after the event.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start®. Gambling Problem? Call 1-800-522-4700. For more information, please visit. www.caesars.com/corporate.
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SOURCE Caesars Entertainment, Inc.
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https://www.kbtx.com/prnewswire/2022/04/01/cardinal-health-webcast-discussion-third-quarter-results-fiscal-year-2022-may-5/
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DUBLIN, Ohio, April 1, 2022 /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release third-quarter financial results for its fiscal year 2022 on May 5 prior to the opening of trading on the New York Stock Exchange. The company will webcast a discussion of these results beginning at 8:30 a.m. Eastern.
To access the webcast and corresponding slide presentation, go to the Investor Relations page at ir.cardinalhealth.com. No access code is required. Presentation slides and a webcast replay will be available until May 4, 2023.
About Cardinal Health
Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for health care facilities. With 50 years in business, operations in more than 30 countries and approximately 44,000 employees globally, Cardinal Health is essential to care. Information about Cardinal Health is available at cardinalhealth.com.
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SOURCE Cardinal Health
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https://www.kbtx.com/prnewswire/2022/04/01/casi-pharmaceuticals-statement-status-under-holding-foreign-companies-accountable-act/
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ROCKVILLE, Md. and BEIJING, April 1, 2022 /PRNewswire/ -- CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, announced today that on March 30, 2022, the Securities and Exchange Commission (SEC) provisionally identified CASI Pharmaceuticals Inc (CASI) on the list, pursuant to the Holding Foreign Companies Accountable Act (HFCAA), that uses an auditor not subject to Public Company Accounting Oversight Board (PCAOB) inspection.
This identification was anticipated, by the Company, as a routine application of the HFCAA, as we recently filed an annual report, via Form 10K, with the SEC on March 28, 2022. We are evaluating strategic options, which include but are not limited to adding business processes and control to meet the requirements of the HFCAA.
About CASI Pharmaceuticals
CASI Pharmaceuticals, Inc. is a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products in China, the United States, and throughout the world. The Company is focused on acquiring, developing, and commercializing products that augment its hematology oncology therapeutic focus as well as other areas of unmet medical need. The Company intends to execute its plan to become a leader by launching medicines in the Greater China market, leveraging the Company's China-based regulatory and commercial competencies and its global drug development expertise. The Company's operations in China are conducted through its wholly-owned subsidiary, CASI Pharmaceuticals (China) Co., Ltd., located in Beijing, China. The Company has built a commercial team of more than 100 hematology and oncology sales and marketing specialists based in China. More information on CASI is available at www.casipharmaceuticals.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for expectations for future financial or business performance, revenue growth, strategies, expectations and goals. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and we assume no duty to update forward-looking statements. New factors emerge from time to time, and it is not possible for us to predict which factors will arise. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Actual results could differ materially from those currently anticipated due to a number of factors.
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SOURCE CASI Pharmaceuticals, Inc.
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https://www.kbtx.com/prnewswire/2022/04/01/centene-hold-2022-annual-meeting-following-2022-first-quarter-financial-results-conference-call/
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– Live Audio Webcast of Annual Meeting Available –
ST. LOUIS, April 1, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that following the release of its 2022 first quarter financial results on Tuesday, April 26, 2022, the Company will hold its 2022 Annual Meeting of Stockholders at 11:00 a.m. (Eastern Time)/10:00 a.m. (Central Time) in the auditorium at Centene's headquarters, 7700 Forsyth Boulevard, St. Louis, Missouri. At the meeting, Centene is expected to make remarks regarding the Company's performance and future prospects. A live audio webcast of the meeting can be accessed via the Company's website at www.centene.com under the Investors section.
About Centene Corporation
Centene Corporation, a Fortune 25 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. The Company also serves several international markets, and contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and the development of its people, systems and capabilities so that it can better serve its members, providers, local communities, and government partners.
Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com.
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SOURCE Centene Corporation
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https://www.kbtx.com/prnewswire/2022/04/01/clearlake-capital-backed-wheel-pros-acquires-teraflex/
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Strategic Acquisition Expands Wheel Pros' Suspension and Performance Shock Product Offerings
GREENWOOD VILLAGE, Colo. and WEST JORDAN, Utah, April 1, 2022 /PRNewswire/ -- Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and in partnership with management, today announced it has acquired TeraFlex (or "the Company"), a designer, manufacturer and distributor of aftermarket suspensions, shocks, and other components for automotive and off-roading enthusiasts. TeraFlex's Founder and CEO Mark Falkner, President Benjamin Falkner, and VP of Organizational Development Ian Falkner will remain with the combined company. Financial terms of the transaction were not disclosed.
"TeraFlex has built an impressive suite of brands and products in the suspension and shock categories that complement our offerings in lift kits extremely well," said Randy White, Co-Founder and CEO, and Brian Henderson, Chief Strategy Officer, at Wheel Pros. "We are excited to partner with Mark, Ben, Ian and the broader TeraFlex team to scale our combined business and continue to expand our suite of aftermarket vehicle enhancements for automotive and off-roading enthusiasts."
Headquartered in West Jordan, Utah, TeraFlex is a designer, manufacturer and distributor of aftermarket suspensions, shocks, dampers, steering, axles, and other components for the Jeep Wrangler. TeraFlex has established brands, such as Falcon, and in-house product development capabilities that deliver high performance, quality products. TeraFlex operates three domestic U.S. facilities and sells 3,470 distinct product SKUs across 24 core product families. The Company distributes its products to 1,250+ dealers and 500+ total customers across 47 U.S. states and 35 countries globally.
"We're excited to join the Wheel Pros organization and leverage their design expertise, scale and operational footprint to accelerate growth," said Mr. Falkner. "We believe we can expand on Wheel Pros' existing footprint in the suspension category, and together, provide automotive enthusiasts with access to a larger suite of aftermarket vehicle enhancements. We look forward to embarking on this next chapter of combined growth."
"The talented TeraFlex team has created a high growth platform with a robust suite of brands in the aftermarket suspension and shock categories," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, at Clearlake. "We look forward to expanding the product breadth and distribution footprint of the combined Wheel Pros platform through increased investment and by utilizing our O.P.S.® framework to better serve automotive and off-roading enthusiasts."
"Wheel Pros has historically demonstrated its ability to enter new adjacent product categories both organically and through acquisition, and then drive accelerated growth in these new categories," added Dilshat Erkin, Senior Vice President at Clearlake. "We are eager to welcome TeraFlex to the Wheel Pros organization and to execute on its proven playbook in the attractive enthusiast suspension and shock segments."
ABOUT WHEEL PROS
Founded in 1995, Wheel Pros serves the automotive enthusiast industry with a wide selection of vehicle enhancements from its portfolio of lifestyle brands, including Fuel-Off-Road, American Racing, KMC, Rotiform and Black Rhino. Utilizing its expanding global network of distribution centers spanning North America, Australia and Europe, Wheel Pros serves over 13,500 retailers and has a growing ecommerce presence to provide enthusiast consumers with access to the products they desire. More information is available at www.wheelpros.com.
ABOUT TERAFLEX
TeraFlex is a designer, manufacturer and distributor of aftermarket suspensions, shocks, dampers, steering, axles, and other components for the Jeep Wrangler. Founded in 1996, TeraFlex has developed a strong reputation for manufacturing quality with the support of 230 employees across three domestic U.S. facilities. TeraFlex sells 3,470 distinct product SKUs across 24 core product families to 1,250+ dealers and 500+ total customers in 47 U.S. states and 35 countries globally. More information if available at www.teraflex.com.
ABOUT CLEARLAKE
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are industrials, technology, and consumer. Clearlake currently has approximately $70 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
Contact
For Wheel Pros:
Max Krapff
Backbone Media
970.658.5252 ext. 1174
max.krapff@backbone.media
For Clearlake:
Jennifer Hurson
Lambert & Co.
+1 845-507-0571
jhurson@lambert.com
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SOURCE Wheel Pros; Clearlake Capital Group
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https://www.kbtx.com/prnewswire/2022/04/01/cold-stone-creamery-welcomes-spring-with-new-peeps-flavored-ice-cream/
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Bright and Cheerful Colors of the Season Shine in Limited Time Flavor
SCOTTSDALE, Ariz., April 1, 2022 /PRNewswire/ -- Spring has sprung and this year, Cold Stone Creamery is highlighting one of the tastiest treats of the season with our new PEEPS® Flavored Ice Cream. PEEPS® lovers will delight in the instantly-recognizable bright yellow hue and Marshmallow-y flavor featured in both an engaging Creation™ and Shake. The new PEEPS® Flavored Ice Cream will be available beginning April 1 at Cold Stone Creamery® (www.ColdStoneCreamery.com).
Put a little spring in your step with our PEEPS® Sweet Spring Creation™ featuring PEEPS® Flavored Ice Cream mixed with Whipped Topping and Blue Sugar Crystals and topped with a Yellow PEEPS® Marshmallow Chick.
For the shake lovers who prefer to sip on the flavors of spring, our Shaking it up with my PEEPS® Shake is made with PEEPS® Flavored Ice Cream and topped with Whipped Topping, Blue Sugar Crystals and a Yellow PEEPS® Marshmallow Chick!
"Cold Stone Creamery is thrilled to partner with Just Born and PEEPS® to create a new PEEPS® Marshmallow flavor that captures the sunny essence of Spring," said Sara Schmillen, vice president of marketing at Kahala Brands™, parent company of Cold Stone Creamery®. "We love both being a part of making family memories and bringing back memories for the young at heart – and ice cream that tastes just like PEEPS® does just that!"
The PEEPS® Flavored Ice Cream, Creation™ and Shake will be available in Cold Stone Creamery® stores nationwide until May 10.
Promotional Flavor:
- PEEPS® Flavored Ice Cream
Promotional Creation™:
- PEEPS® Sweet Spring™ – PEEPS® Flavored Ice Cream mixed with Whipped Topping and Blue Sugar Crystals and topped with a Yellow PEEPS® Marshmallow Chick.
Promotional Shake:
- Shaking it up with my PEEPS® Shake™ – PEEPS® Flavored Ice Cream topped with Whipped Topping, Blue Sugar Crystals and a Yellow PEEPS® Marshmallow Chick
About Cold Stone Creamery
Cold Stone Creamery® delivers the Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the fastest growing franchising companies in the world with a portfolio of nearly 30 fast-casual and quick-service restaurant brands with approximately 3,000 locations in 35 countries. The Cold Stone Creamery brand operates nearly 1,500 locations globally in approximately 30 countries worldwide.
For more information about Cold Stone Creamery, visit www.ColdStoneCreamery.com.
About Just Born Quality Confections:
Just Born Quality Confections is a third-generation family-owned candy manufacturer with its purpose to bring sweetness to people's lives. Just Born is the maker of some of America's most beloved and iconic brands – PEEPS®, MIKE AND IKE®, HOT TAMALES® and GOLDENBERG'S® PEANUT CHEWS®. In 1923, the founder, Sam Born, opened a small candy shop in Brooklyn, New York, where he marketed the freshness of his daily-made candy with a sign that declared, "Just Born." Together with Born's brothers-in-law, Irv and Jack Shaffer, the company thrived and, in 1932, moved its operations to Bethlehem, PA where it has grown to become one of the largest candy companies in the US by giving back to the community, being good environmental stewards and creating a culture where people want to work. For more information, please visit www.justborn.com (and see the breadth of candy and high-quality branded items at www.peepsandcompany.com) Follow us: facebook.com/JustBornInc, twitter.com/JustBornInc.
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SOURCE Cold Stone Creamery
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https://www.kbtx.com/prnewswire/2022/04/01/consumers-dental-choice-salutes-worldwide-decision-protect-children-pregnant-women-mercury-dental-fillings/
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WASHINGTON, April 1, 2022 /PRNewswire/ -- In a stunning turn of world opinion, the nations of the world have united to call for ending dental amalgam use in children and women who are pregnant or breastfeeding.
Dental amalgam is a controversial filling material that is approximately 50% mercury (although deceptively marketed as "silver fillings"). On 26 March, at the 4th Conference of the Parties to the Minamata Convention on Mercury, a treaty of more than 130 nations, the Parties unanimously agreed to an amendment requiring countries to protect vulnerable populations from further use of dental amalgam:
"…Exclude or not allow, by taking measures as appropriate, or recommend against the use of dental amalgam for the dental treatment of deciduous teeth [baby teeth], of patients under 15 years and of pregnant and breastfeeding women…"
Charlie Brown, president of the World Alliance for Mercury-Free Dentistry and executive director of Consumers for Dental Choice, hailed the action: "The world unites to say that mercury is not safe in the mouths of children and their mothers – and its use must stop, this year."
"We salute the nations of Africa, all 54 of them, for initiating and presenting this splendid proposal," Brown said. "Too, we praise the World Health Organization for calling for a worldwide switch to 'minimally-invasive' and mercury-free dental materials."
Brown added that manufacturers and distributors of this toxic product are on notice to stop selling amalgam – because once they sell it, much of it is implanted into children, pregnant women, and breastfeeding mothers.
"Dentists must stop placing amalgam in children and in young women – now." Brown cautioned. "This new amendment represents a worldwide consensus that dental amalgam is not safe for children and other vulnerable populations – it is not safe in their mouths and it is not safe in their environment."
The US Food and Drug Administration, since 2020, and Health Canada, since the 1990s, already recommend the end of amalgam use for children and for pregnant women.
Contact Charlie Brown, 202.246.7642 (cell), 202.544.6333 (ofc.)
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SOURCE Consumers for Dental Choice
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https://www.kbtx.com/prnewswire/2022/04/01/distracted-driving-kills-nsc-urges-roadway-users-just-drive/
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Since its inception 12 years ago, Distracted Driving Awareness Month aims to bring attention to the deadly issue and what can be done to combat it
ITASCA, Ill., April 1, 2022 /PRNewswire/ -- April is Distracted Driving Awareness Month, an observance the National Safety Council brings to national attention by sharing safe driving resources and personal safety stories. NSC urges all people to be attentive behind the wheel and just drive during April and all months.
Preliminary estimates show more than 46,000 people died in preventable crashes on U.S. roads in 2021, a 9% increase over 2020. While causation is not yet detailed, reckless behaviors such as speeding, lack of seat belt use and distracted driving all continue to plague our roads. Mobile devices and in-vehicle systems are often the culprit in distracted driving incidents, while other distractions, such as interacting with passengers, eating, fatigue as well as stress, also contribute to these crashes.
"We can all share a story of witnessing distracted driving," said Mark Chung, executive vice president of roadway practice at NSC. "Whether we are behind the wheel, a passenger, riding a bicycle, or even walking, we see it every day. I urge us all to take responsibility to stop distracted driving. Every road user must put safety first for themselves and others by allowing each other to just drive."
Each year, distracted driving kills more than 3,000 people or approximately eight people each day. That's eight parents, children, friends and co-workers, and we know this number is severely underreported. Yet, many people continue to drive distracted despite the known dangers and threats it brings to U.S. roads. The consequences are deadly; Tom Goeltz, a longtime safety professional, is someone who knows that type of loss heartbreakingly well.
"In 2016, my daughter Megan and her unborn child were killed in a car crash by a distracted driver," said Goeltz, who is a member of the NSC Survivor Advocate Network. "Our family has never been the same, and we have since dedicated our lives to advocating for stricter laws around distracted driving and educating people on the dangers of it. From the bottom of my heart, please take safety seriously and don't drive distracted; if someone had made a safer choice, my daughter and grandchild may still be here today."
Distracted driving takes the lives of people of all ages but particularly some of our youngest road users: teens. Car crashes are the leading cause of preventable death for teens, and NSC offers resources to help save younger, as well as older, lives on our roads:
- Utilize resources from DriveitHOME™, an initiative of the National Safety Council to help teens build experience behind the wheel including The New Driver Deal, a parent-teen driving agreement, and Pointers for Parents, a comprehensive collection of driving lessons designed around the changing experience levels of teen drivers.
- Download our free report: Understanding Driver Distraction. The report offers compelling evidence and concludes that the safest option is to completely eliminate driver use of cell phones and interactive, in-vehicle infotainment systems. The report also includes recommendations for drivers, employers, legislators and manufacturers.
- Join our Distracted Driving Awareness Month Twitter chat at 12 p.m. ET on Wednesday, April 13 to learn about distracted driving, ask questions about roadway safety and engage with other organizations focused on keeping workers safe on the road. Use the hashtag #JustDrive22 to be included in the conversation.
- Take the NSC Just Drive Pledge and commit to drive distraction-free.
- Donate to NSC to help make roads safer for all road users.
- Understand that multitasking is a myth, and there is no safe way to use a cell phone while driving.
- Visit nsc.org/justdrive for ready-to-use resources to share in your workplace and community.
If someone you know was killed or seriously injured in a distracted driving-related crash, please consider joining the NSC network of survivor advocates. Safety is personal, and NSC wants to help share your story to save lives.
About the National Safety Council
The National Safety Council is America's leading nonprofit safety advocate – and has been for over 100 years. As a mission-based organization, we work to eliminate the leading causes of preventable death and injury, focusing our efforts on the workplace, roadway and impairment. We create a culture of safety to not only keep people safer at work, but also beyond the workplace so they can live their fullest lives.
Connect with NSC:
Facebook
Twitter
LinkedIn
YouTube
Instagram
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SOURCE National Safety Council
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https://www.kbtx.com/prnewswire/2022/04/01/dorian-lpg-ltd-announces-completion-two-japanese-financing-transactions/
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STAMFORD, Conn., April 1, 2022 /PRNewswire/ -- LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), today announced that it completed two Japanese financing transactions on March 29 and 31, 2022.
On March 29, 2022, Dorian LPG completed a $64.9 million sale and bareboat charter arrangement for its 2015-built VLGC Chaparral, of which $24.0 million was used to prepay a portion of the 2015 AR Facility (as defined in the Company's most recently filed Form 10-Q), and the balance of which will be used for general corporate purposes. This Japanese financing arrangement has a seven (7) year term plus three (3) option years with no purchase obligation, purchase options beginning on March 29, 2027, and principal and interest totaling $476,500 per month in a mortgage-style debt amortization profile.
On March 31, 2022, Dorian LPG completed a $71.5 million sale and bareboat charter arrangement for its 2016-built VLGC Caravelle resulting in cash proceeds of $50.0 million, of which $24.8 million was used to prepay a portion of the 2015 AR Facility, and the balance of which will be used for general corporate purposes. The financing has a ten (10) year term with purchase options beginning on March 31, 2025, and an average monthly principal and interest payment over the life of the financing of roughly $414,200.
Forward-Looking & Other Cautionary Statements
This press release contains "forward-looking statements." Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "projects," "forecasts," "may," "will," "should" and similar expressions are forward-looking statements. These statements are not historical facts but instead represent only the Company's current expectations and observations regarding future results, many of which, by their nature are inherently uncertain and outside of the Company's control. Where the Company expresses an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, the Company's forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by those forward-looking statements. The Company's actual results may differ, possibly materially, from those anticipated in these forward-looking statements as a result of certain factors, including changes in the Company's financial resources and operational capabilities and as a result of certain other factors listed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. For more information about risks and uncertainties associated with Dorian LPG's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of Dorian LPG's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. The Company does not assume any obligation to update the information contained in this press release.
About Dorian LPG Ltd.
Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs. Dorian LPG's fleet currently consists of 22 modern VLGCs. Dorian LPG has offices in Stamford, Connecticut, USA; Copenhagen, Denmark; and Athens, Greece.
Visit our website at www.dorianlpg.com
For further information:
Dorian LPG Ltd.
Ted Young
Chief Financial Officer
(203) 674-9900
IR@dorianlpg.com
Source: Dorian LPG Ltd.
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SOURCE Dorian LPG Ltd.
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20220401
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https://www.kbtx.com/prnewswire/2022/04/01/dpc-labs-announces-launch-athlete-nft-player-cards-dpc-marketplace/
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Revolutionary Technology Company Launches Premier NFT Marketplace for All Athletes
MIAMI, April 1, 2022 /PRNewswire/ -- DPC Labs, a Miami-based sports technology company, announced the launch today of their NFT sports marketplace highlighted by their highly anticipated NFT digital player cards hosted on the Solana blockchain network. The DPC Labs NFT marketplace will feature NFT player cards of athletes of all ranks from Youth sports, High School, College and Professional sports.
Youth and Amateur athletes will be able to pay to create their own NFT player card that themselves, friends, and family can own as exclusive memorabilia. DPC enables Youth and Amateur athletes to have the same quality of player cards as their favorite college and professional athletes. College and Professional athletes are partnering with DPC Labs to bring their digital player cards to life through a unique model that aims to generate income on their valuable NIL (Name, Image, and Likeness), open a new engagement between athletes and fans, and most importantly, educate athletes about the expansive potential of the Web3 space.
DPC Labs initial launch of player cards will feature a diverse mix of youth, collegiate and professional athletes that believe in the company and their technology. The notable list of athletes includes: Ahmmon Richards, University of Miami Football, B.J. Johnson, Orlando Magic, Sam Singer, University of California Berkeley Basketball, Jhon Matos, seven-time Boxing National Champion and an array of other impressive athletes. In addition to the player card, athletes involved will be providing card holders utility in the form of extra incentives. Examples of incentives for card holders include but aren't limited to, exclusive access to events, merchandise & memorabilia, meet & greet opportunities, or a virtual FaceTime with the athlete; all intended to foster an exclusive level of engagement awarded to card holders of an athlete.
DPC Labs founding team consists of Daniel Pardo, Founder and CEO, Khambrel Roach, Co-Founder and COO, Jacob Byck, Co-Founder and CFO and Sherer Junior Desinor, Co-Founder and Head of Business Growth.
The DPC player cards are designed by the company's Head of Design, Helmi Kemppaine. Kemppaine is a world-class designer whose expertise brings a great dynamic to the team in the creation of the DPC player cards.
To commemorate the launch, the DPC Labs team will be exhibiting at Miami NFT Week from April 1-3, 2022 at the Mana Wynwood Convention Center in Miami, FL. The three-day event features over 200 speakers, including DPC Labs CEO, Daniel Pardo.
"DPC Labs strives to be a digital player card platform for all athletes of all genders and sports," said Daniel Pardo, Founder and CEO. "The support we've received thus far has been amazing and we can't wait for athletes and sports fans to own DPC player cards."
"Web3 is an expansive network medium creating new avenues for athletes to take ownership of their name, image and likeness and leverage their value in creative ways," said Khambrel Roach, Co-Founder and COO. "By connecting athletes of all ages to their fans through digital player card NFTs, we believe this will further adoption of NFTs a viable business asset and will lead to deeper connections between athletes and their micro communities."
To learn more about DPC Labs, please visit: http://www.dpc-nft.com/.
Connect / Follow DPC Labs
Instagram | Twitter
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20220401
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https://www.kbtx.com/prnewswire/2022/04/01/e7-solutions-launches-7000-scholarship-support-education-tech/
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Deadline to Apply is April 15, 2022
TROY, MIich., April 1, 2022 /PRNewswire/ -- E7 Solutions has announced a scholarship of $7,000 to be awarded to a qualified high school senior or higher or undergrad student pursuing a technology-related field of study.
E7 Solutions is represented by its team through core values built on creativity, drive, authenticity, curiosity, and most importantly, working together. It's important that we present ourselves to each other, our clients, and our partners in a way that demonstrates these values.
We are a team that strongly believes in the significance of education and understands the hard work, dedication, and financial burden involved in earning a degree.
To be considered for the award, you must meet these qualifications:
- Be a high school senior with a 3.0 GPA or higher OR an undergrad student with a 3.5 GPA or higher
- In need of financial support
- Pursuing an IT-related degree
The deadline to submit your application is April 15, 2022. The winner of the scholarship will be announced in May 2022. Apply today at https://www.e7solutions.com/scholarship.
About E7 Solutions
As an Atlassian Platinum Solution Partner, E7 Solution's mission is to enhance the velocity of information for our clients, so they can deliver their best and most meaningful work. For three consecutive years, we have been recognized by Atlassian for our performance using best practices and a proven methodology that delivers outstanding results to our clients: 2020 Partner of the Year Cloud Services, 2019 Partner of the Year Cloud, and 2018 Rising Star.
Contact: (248) 606-4612, sarah.kozubiak@e7solutions.com
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SOURCE E7 Solutions
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20220401
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https://www.kbtx.com/prnewswire/2022/04/01/eats-completes-acquisition-mylk-brands-inc/
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VANCOUVER, BC, April 1, 2022 /PRNewswire/ - Eat & Beyond Global Holdings Inc. ("EATS" or the "Company") (CSE: EATS) (OTCPK: EATBF) (FSE: 988) is pleased to announce the completion today of the arrangement previously announced on January 24, 2022 (the "Arrangement") under the Business Corporations Act (British Columbia) (the "BCBCA"), pursuant to which EATS acquired all of the issued and outstanding common shares of Mylk Brands Inc. ("Mylk"). The Arrangement was overwhelmingly approved by the shareholders of Mylk (the "Mylk Shareholders") in accordance with the requirements of the BCBCA at a special meeting of the Mylk Shareholders held on March 8, 2022 (the "Mylk Meeting"), and was subsequently approved by the Supreme Court of British Columbia on March 11, 2022.
Pursuant to the terms of the Arrangement, each common share in the capital of Mylk (a "Mylk Share") has been exchanged for common shares in the capital of EATS (an "EATS Share"), being the number of EATS Shares equal to the quotient of (i) $11,500,000 divided by the deemed price of $0.52 per Common Share, divided by (ii) the number of Mylk Shares outstanding immediately prior to closing of the Arrangement (the "Exchange Ratio"). In completing the acquisition, EATS has issued 22,115,310 EATS Shares to former Mylk Shareholders. Following completion of the Arrangement, EATS has beneficial ownership and control over 100% of the issued and outstanding Mylk Shares.
A direct registration statements ("DRS Statement") representing the EATS Shares each former holder of Mylk Shares is entitled to received under the Arrangement will be delivered by Olympia Trust Company, the transfer agent of the Company, to the address of such holder as shown on the register of Mylk Shares.
Mylk, a British Columbia corporation, is the sole shareholder of Fresh Start Beverage Company d/b/a Banana Wave. Banana Wave is based in Boca Raton, Florida. Banana Wave's beverages are made from fiber-rich oats and real bananas. They are available in five different flavors: original, unsweetened original, mango, chocolate, and strawberry. All varieties are dairy-free, gluten-free, soy-free, and non-GMO with 65 to 90 calories, and contain Vitamin B2, Vitamin B12. Vitamin C and Vitamin E.
EATS is an investment issuer that makes it easy to invest in the future of food. EATS identifies and makes equity investments in global companies that are developing and commercializing innovative food tech as well as plant-based and alternative food products. Led by a team of food industry experts, EATS is the first issuer of its kind in Canada, providing retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food sector, and access companies that are leading the charge toward a smarter, more secure food supply.
Learn more: https://eatbeyondglobal.com/
Find Eat Beyond on Social Media on LinkedIn, Instagram, Twitter and Facebook.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
The Canadian Securities Exchange has not in any way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.
The securities to be issued in connection with the Transaction have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.
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20220401
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https://www.kbtx.com/prnewswire/2022/04/01/edu-shareholder-alert-jakubowitz-law-reminds-new-oriental-shareholders-lead-plaintiff-deadline-april-5-2022/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of New Oriental Education & Technology Group Inc. (NYSE: EDU).
To receive updates on the lawsuit, fill out the form:
The lawsuit seeks to recover losses for shareholders who purchased New Oriental between April 24, 2018 and July 22, 2021.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, New Oriental Education & Technology Group Inc. issued materially false and/or misleading statements and/or failed to disclose that: (a) New Oriental's revenue and operational growth was the result of deceptive marketing tactics and abusive business practices that flouted Chinese regulations and policies and exposed the Company to an extreme risk that more draconian measures would be imposed on the Company; (b) New Oriental had engaged in misleading and fraudulent advertising practices, including the provision of false and misleading discount Information designed to obfuscate the true cost of the Company's programs to its customers; (c) New Oriental had falsified teacher qualifications and experience in order to attract customers and increase student enrollments; (d) New Oriental had defied prior government warnings against linking school enrollments with the provision of private tutoring services; (e) as a result of the foregoing, New Oriental was subject to an extreme undisclosed risk of adverse enforcement actions, regulatory fines and penalties, and the imposition of new rules and regulations adverse to the Company's business and interests; and (f) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and lacked a reasonable, factual basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
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https://www.kbtx.com/prnewswire/2022/04/01/eric-shareholder-alert-jakubowitz-law-reminds-telefonaktiebolaget-lm-ericsson-shareholders-lead-plaintiff-deadline-may-2-2022/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/telefonaktiebolaget-lm-ericsson-loss-submission-form/?id=25395&from=4
The lawsuit seeks to recover losses for shareholders who purchased Telefonaktiebolaget LM Ericsson between April 27, 2017 and February 25, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 2, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Telefonaktiebolaget LM Ericsson issued materially false and/or misleading statements and/or failed to disclose that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
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20220401
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https://www.kbtx.com/prnewswire/2022/04/01/fb-shareholder-alert-jakubowitz-law-reminds-meta-platforms-inc-shareholders-lead-plaintiff-deadline-may-9-2022/
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NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Meta Platforms, Inc. (NASDAQ: FB).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/meta-platforms-inc-loss-submission-form/?id=25398&from=4
The lawsuit seeks to recover losses for shareholders who purchased Meta Platforms, Inc. between March 2, 2021 and February 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 9, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Meta Platforms, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
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