ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Reminds Co-Diagnostics, Inc. Investors of Important August 17 Deadline in Securities Class Action – CODX

NEW YORK, Aug. 7, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Co-Diagnostics, Inc. (NASDAQ: CODX) between February 25, 2020 and May 15, 2020, inclusive (the «Class Period»), of the important August 17, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Co-Diagnostics investors under the federal…

NEW YORK, Aug. 7, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Co-Diagnostics, Inc. (NASDAQ: CODX) between February 25, 2020 and May 15, 2020, inclusive (the «Class Period»), of the important August 17, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Co-Diagnostics investors under the federal securities laws.

To join the Co-Diagnostics class action, go to http://www.rosenlegal.com/cases-register-1876.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

The Complaint alleges that defendants made continual, knowing and willful misstatements about their main product, a COVID-19 diagnostic test, to pump up the price of Co-Diagnostics’ stock while the officers and directors exercised low priced options and dumped their stock into the market. Their fraudulent misstatements, and disregard for the basic scientific principles that make their falsity of their statements clear in retrospect, caused investors to lose millions of dollars. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1876.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.

BOGO and ‘Get the Row:’ Alaska launches BOGO sale for travel systemwide

SEATTLE, Aug. 7, 2020 /PRNewswire/ — Alaska Airlines is launching a two-day «Buy One, Get One» sale for travel to 100+ destinations. From the West Coast to sunny Florida, Mexico and everywhere in between, travelers who purchase a main cabin fare can get a second ticket on the same itinerary for just the taxes and fees, for travel Aug. 7 through Oct. 31. With this sale, <span…

SEATTLE, Aug. 7, 2020 /PRNewswire/ — Alaska Airlines is launching a two-day «Buy One, Get One» sale for travel to 100+ destinations. From the West Coast to sunny Florida, Mexico and everywhere in between, travelers who purchase a main cabin fare can get a second ticket on the same itinerary for just the taxes and fees, for travel Aug. 7 through Oct. 31. With this sale, Alaska is encouraging travelers to BOGO and ‘Get the Row’ to themselves.

«As our guests begin to make decisions on when flying feels right to them, we’re looking for new and creative ways to show that our care is always there,» said Sangita Woerner, Alaska Airlines’ senior vice president of marketing and guest experience. «With this BOGO sale and blocked middle seats through October, guests can get an entire row to themselves, which we hope brings even greater peace of mind. There’s nothing better than helping people reconnect with family and friends, get outdoors or relax and recharge safely, for a great deal.» 

Alaska is adding even more layers of safety to keep guests and employees safe when they are ready to fly, from the time they arrive at the airport to their destinations and beyond. As part of nearly 100 Next-Level Care safety measures, Alaska is:

  • Extending physical distancing on board for fall travel with blocked middle seats on all mainline flights and reduced capacity on regional flights through Oct. 31.
  • Strengthening face mask policies, including:
    • Requiring all guests over the age of two to wear a mask or face covering, with no exceptions. If a traveler does not wear a mask, they will not be allowed to fly. This policy applies to anywhere Alaska conducts business – at ticket counters, gate areas and inflight.
    • In late June, Alaska empowered its flight attendants to issue a final notice to any guest – in the form of a yellow card handed to them – who repeatedly disregards or disobeys the requirement to wear a mask or face covering. If a guest still does not comply after that warning, their travel with Alaska will be suspended immediately instead of undergoing a review process.
  • Continuing enhanced cabin cleaning procedures that exceed CDC guidelines, including cleaning between flights, using electrostatic disinfectant sprayers for a next-level clean.
  • Extending flexible travel policies, with Peace of Mind waivers that allow for no change or cancellation fees for flights booked by Sept. 8, if travelers’ plans should change.

Read More: Unpacking Alaska Airlines Next-Level Care

For the BOGO sale, tickets must be purchased by 11:59 PM (PT) on Aug. 9, 2020, for travel between Aug. 7 and Oct. 31, 2020. To get the row, select seats when purchasing. Day of week and other restrictions apply. View complete terms and conditions at alaskaair.com/GETTHEROW.

About Alaska Airlines
Alaska Airlines and its regional partners serve more than 115 destinations across the United States and North America, providing essential air service for our guests along with moving crucial cargo shipments, such as food, medicine, mail and e-commerce deliveries. With hubs in Seattle; San Francisco; Los Angeles; Portland, Oregon; and Anchorage, Alaska, the airline is known for low fares, award-winning customer service and sustainability efforts. With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. Learn more about Alaska at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK). 

 

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SOURCE Alaska Airlines

Illinois officials find Kanye West does not have enough signatures to be a candidate for President in the general election in his home state, activists announce

CHICAGO, Aug. 7, 2020 /PRNewswire/ — The Illinois State Board of Elections today reviewed five activists’ objections to the official petition signatures submitted by Kanye West to be a candidate for President.  The findings of the board show West with only 1200 valid signatures, far short of the 2500 valid signatures needed to qualify for the ballot.  The majority of signatures West submitted were from people who are not registered voters in <span…

CHICAGO, Aug. 7, 2020 /PRNewswire/ — The Illinois State Board of Elections today reviewed five activists’ objections to the official petition signatures submitted by Kanye West to be a candidate for President.  The findings of the board show West with only 1200 valid signatures, far short of the 2500 valid signatures needed to qualify for the ballot.  The majority of signatures West submitted were from people who are not registered voters in Illinois, as required by law, and many signatures appeared to be fraudulent. West now has the choice of withdrawing his candidacy, as he did following a similar objection in New Jersey, or being officially removed from the ballot by the State Board of Elections.

«We hope Kanye West gets the help he needs on a personal level,» said Sean Tenner, one of the objectors from Chicago’s Uptown neighborhood.  «But insulting and lying about Harriet Tubman, one of America’s greatest abolitionists who frequently risked her life so others could be free, is simply unacceptable from a presidential candidate.  We’ve had enough divisive rhetoric like that in the past four years.»

The joint objection was filed by Reverend Mitchell Johnson of South Holland, Sean Tenner of Chicago’s Uptown Neighborhood, Denise Bradley of the Englewood neighborhood, Charles Morris of the South Shore neighborhood and Steve Spagnolo of the Albany Park neighborhood.  All have been active in causes and organizations related to education about civil rights and the history of slavery.  Johnson and Tenner host a program on WVON, Chicago’s most popular African-American radio station.

With his failure to get on the ballot in Illinois, it is now mathematically impossible for West to be elected President even if he won every single state where he could still get on the ballot.  The ballot access deadline has passed in 21 states and DC which together hold 246 electoral votes. With his withdrawal from New Jersey (14) and eventual removal from Illinois (20) there is no path to the required 270 electoral votes.

«We need more education about Harriet Tubman’s legacy in this country – not mistruths about her,» said Reverend Johnson.  «We were saddened that West disrespected her legacy and then disrespected the laws of our state in a doomed effort to get on the ballot.»

The Objectors were represented by attorney Ed Mullen.  «West fell far short of the legal requirements to appear on the ballot in Illinois,» Mullen noted.  «A federal court reduced the standard signature requirement from 25,000 to 2,500 because of the COVID pandemic, and West was unable to even surpass this dramatically lower threshold. West’s lack of valid petition signatures is a sign of a disorganized and not ready for prime-time campaign.»

For more information contact:
Sean Tenner
(312) 576-8822
Stenner@KNICommunications.com

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SOURCE Mullen Law Firm

Illinois officials find Kanye West does not have enough signatures to be a candidate for President in the general election in his home state, activists announce

CHICAGO, Aug. 7, 2020 /PRNewswire/ — The Illinois State Board of Elections today reviewed five activists’ objections to the official petition signatures submitted by Kanye West to be a candidate for President.  The findings of the board show West with only 1200 valid signatures, far short of the 2500 valid signatures needed to qualify for the ballot.  The majority of signatures West submitted were from people who are not registered voters in <span…

CHICAGO, Aug. 7, 2020 /PRNewswire/ — The Illinois State Board of Elections today reviewed five activists’ objections to the official petition signatures submitted by Kanye West to be a candidate for President.  The findings of the board show West with only 1200 valid signatures, far short of the 2500 valid signatures needed to qualify for the ballot.  The majority of signatures West submitted were from people who are not registered voters in Illinois, as required by law, and many signatures appeared to be fraudulent. West now has the choice of withdrawing his candidacy, as he did following a similar objection in New Jersey, or being officially removed from the ballot by the State Board of Elections.

«We hope Kanye West gets the help he needs on a personal level,» said Sean Tenner, one of the objectors from Chicago’s Uptown neighborhood.  «But insulting and lying about Harriet Tubman, one of America’s greatest abolitionists who frequently risked her life so others could be free, is simply unacceptable from a presidential candidate.  We’ve had enough divisive rhetoric like that in the past four years.»

The joint objection was filed by Reverend Mitchell Johnson of South Holland, Sean Tenner of Chicago’s Uptown Neighborhood, Denise Bradley of the Englewood neighborhood, Charles Morris of the South Shore neighborhood and Steve Spagnolo of the Albany Park neighborhood.  All have been active in causes and organizations related to education about civil rights and the history of slavery.  Johnson and Tenner host a program on WVON, Chicago’s most popular African-American radio station.

With his failure to get on the ballot in Illinois, it is now mathematically impossible for West to be elected President even if he won every single state where he could still get on the ballot.  The ballot access deadline has passed in 21 states and DC which together hold 246 electoral votes. With his withdrawal from New Jersey (14) and eventual removal from Illinois (20) there is no path to the required 270 electoral votes.

«We need more education about Harriet Tubman’s legacy in this country – not mistruths about her,» said Reverend Johnson.  «We were saddened that West disrespected her legacy and then disrespected the laws of our state in a doomed effort to get on the ballot.»

The Objectors were represented by attorney Ed Mullen.  «West fell far short of the legal requirements to appear on the ballot in Illinois,» Mullen noted.  «A federal court reduced the standard signature requirement from 25,000 to 2,500 because of the COVID pandemic, and West was unable to even surpass this dramatically lower threshold. West’s lack of valid petition signatures is a sign of a disorganized and not ready for prime-time campaign.»

For more information contact:
Sean Tenner
(312) 576-8822
Stenner@KNICommunications.com

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SOURCE Mullen Law Firm

Final Six Members of 2020 Citizens Redistricting Commission Selected

SACRAMENTO, Calif., Aug. 7, 2020 /PRNewswire/ — Today the first eight members of California’s 2020 Citizens Redistricting Commission (Commission) announced the final six members who will together serve on this 14-member Commission. As required by law, five of the members are registered Democrats, five are registered Republicans and four are registered as not affiliated with either of those two parties.

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SACRAMENTO, Calif., Aug. 7, 2020 /PRNewswire/ — Today the first eight members of California’s 2020 Citizens Redistricting Commission (Commission) announced the final six members who will together serve on this 14-member Commission. As required by law, five of the members are registered Democrats, five are registered Republicans and four are registered as not affiliated with either of those two parties.

The commissioners selected today were among 35 eligible applicants who remained in the pool after legislative leaders, as required by law, exercised their strikes and eliminated 24 applicants from a pool of 60. The pool of 60 represented the most qualified applicants identified in May by an Applicant Review Panel. One applicant withdrew from the pool while the Legislature was reviewing the application materials. The State Auditor conducted a random drawing of the first eight commissioners from the pool on July 2, which consisted of three Democrats, three Republicans and two not affiliated with either of those two parties.

The final six commissioners selected are:

  • Linda Akutagawa, No Party Preference
  • Alicia Fernández, Republican
  • Patricia Sinay, Democrat
  • Pedro Toledo, No Party Preference
  • Angela Vázquez, Democrat
  • Russell Yee, Republican

These six commissioners along with the first eight members—Isra Ahmad (No Party Preference), Jane Andersen (Republican), Neal Fornaciari (Republican), J. Ray Kennedy (Democrat), Antonio Le Mons (No Party Preference), Sara Sadhwani (Democrat), Derric Taylor (Republican), and Trena Turner (Democrat)—will redraw the lines for California’s Congressional, State Senate, State Assembly, and State Board of Equalization districts, based on information gathered during the 2020 census. The Commission must draw the districts in conformity with strict, nonpartisan rules designed to create districts of relatively equal population that will provide representation for all Californians.

«These first eight commissioners are to be commended for conducting their first meetings in a slightly untraditional manner due to the pandemic and for taking their responsibility of selecting the final six commissioners to heart,» said Elaine M. Howle, California State Auditor «They were thoughtful, deliberative, open to public comments, and fully conscientious of ensuring the commission as a whole would be balanced and reflective of California, which is what Californians intended when they passed the Voters FIRST Act in 2008.»

«As for my office, it’s been a long journey—nearly two years—in carrying out our responsibilities in conducting outreach, implementing the application and selection process, and providing support to these first eight commissioners in selecting the final six,» said Howle. «Further, my office will provide some administrative support to this new Commission until it is fully functional and, in fact, my office has been working very hard to get the Commission situated and staffed so that they can quickly be up and running on their own, as intended and mandated by law.»  

To reach the new commission, visit their website at WeDrawTheLines.ca.gov.

About the 2020 Citizens Redistricting Commission
Every ten years, after the federal government publishes updated census information, California must redraw the boundaries of its Congressional, State Senate, State Assembly, and State Board of Equalization districts. In 2008, California voters passed the Voters FIRST Act authorizing the creation of an independent Commission comprised of 14 members. As mandated by law, the 2020 Commission includes five Democrats, five Republicans, and four who are either registered without, or «independent» of, any political party (decline-to-state or no party preference) or with another party.

For more information, please visit WeDrawTheLines.ca.gov.

 

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SOURCE 2020 Citizens Redistricting Commission

Final Six Members of 2020 Citizens Redistricting Commission Selected

SACRAMENTO, Calif., Aug. 7, 2020 /PRNewswire/ — Today the first eight members of California’s 2020 Citizens Redistricting Commission (Commission) announced the final six members who will together serve on this 14-member Commission. As required by law, five of the members are registered Democrats, five are registered Republicans and four are registered as not affiliated with either of those two parties.

<div class="PRN_ImbeddedAssetReference"…

SACRAMENTO, Calif., Aug. 7, 2020 /PRNewswire/ — Today the first eight members of California’s 2020 Citizens Redistricting Commission (Commission) announced the final six members who will together serve on this 14-member Commission. As required by law, five of the members are registered Democrats, five are registered Republicans and four are registered as not affiliated with either of those two parties.

The commissioners selected today were among 35 eligible applicants who remained in the pool after legislative leaders, as required by law, exercised their strikes and eliminated 24 applicants from a pool of 60. The pool of 60 represented the most qualified applicants identified in May by an Applicant Review Panel. One applicant withdrew from the pool while the Legislature was reviewing the application materials. The State Auditor conducted a random drawing of the first eight commissioners from the pool on July 2, which consisted of three Democrats, three Republicans and two not affiliated with either of those two parties.

The final six commissioners selected are:

  • Linda Akutagawa, No Party Preference
  • Alicia Fernández, Republican
  • Patricia Sinay, Democrat
  • Pedro Toledo, No Party Preference
  • Angela Vázquez, Democrat
  • Russell Yee, Republican

These six commissioners along with the first eight members—Isra Ahmad (No Party Preference), Jane Andersen (Republican), Neal Fornaciari (Republican), J. Ray Kennedy (Democrat), Antonio Le Mons (No Party Preference), Sara Sadhwani (Democrat), Derric Taylor (Republican), and Trena Turner (Democrat)—will redraw the lines for California’s Congressional, State Senate, State Assembly, and State Board of Equalization districts, based on information gathered during the 2020 census. The Commission must draw the districts in conformity with strict, nonpartisan rules designed to create districts of relatively equal population that will provide representation for all Californians.

«These first eight commissioners are to be commended for conducting their first meetings in a slightly untraditional manner due to the pandemic and for taking their responsibility of selecting the final six commissioners to heart,» said Elaine M. Howle, California State Auditor «They were thoughtful, deliberative, open to public comments, and fully conscientious of ensuring the commission as a whole would be balanced and reflective of California, which is what Californians intended when they passed the Voters FIRST Act in 2008.»

«As for my office, it’s been a long journey—nearly two years—in carrying out our responsibilities in conducting outreach, implementing the application and selection process, and providing support to these first eight commissioners in selecting the final six,» said Howle. «Further, my office will provide some administrative support to this new Commission until it is fully functional and, in fact, my office has been working very hard to get the Commission situated and staffed so that they can quickly be up and running on their own, as intended and mandated by law.»  

To reach the new commission, visit their website at WeDrawTheLines.ca.gov.

About the 2020 Citizens Redistricting Commission
Every ten years, after the federal government publishes updated census information, California must redraw the boundaries of its Congressional, State Senate, State Assembly, and State Board of Equalization districts. In 2008, California voters passed the Voters FIRST Act authorizing the creation of an independent Commission comprised of 14 members. As mandated by law, the 2020 Commission includes five Democrats, five Republicans, and four who are either registered without, or «independent» of, any political party (decline-to-state or no party preference) or with another party.

For more information, please visit WeDrawTheLines.ca.gov.

 

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SOURCE 2020 Citizens Redistricting Commission

FDA Approves New Opioid for Intravenous Use in Hospitals, Other Controlled Clinical Settings

SILVER SPRING, Md., Aug. 7, 2020 /PRNewswire/ — Today, the U.S. Food and Drug Administration approved Olinvyk (oliceridine), an opioid agonist for the management of moderate to severe acute pain in adults, where the pain is severe enough to require an intravenous opioid and for whom alternative treatments are inadequate.

Olinvyk is indicated for short-term intravenous use in hospitals or other controlled clinical settings, such as during inpatient and outpatient procedures. It is not indicated…

SILVER SPRING, Md., Aug. 7, 2020 /PRNewswire/ — Today, the U.S. Food and Drug Administration approved Olinvyk (oliceridine), an opioid agonist for the management of moderate to severe acute pain in adults, where the pain is severe enough to require an intravenous opioid and for whom alternative treatments are inadequate.

Olinvyk is indicated for short-term intravenous use in hospitals or other controlled clinical settings, such as during inpatient and outpatient procedures. It is not indicated for at-home use.

«Addressing the opioid crisis remains a top priority for the FDA. We will continue to do everything we can to reduce the number of Americans who are addicted to opioids and cut the rate of new addiction through a number of cross-agency initiatives,» said Douglas Throckmorton M.D., deputy director for regulatory programs in the FDA’s Center for Drug Evaluation and Research. «Importantly, the FDA will only approve new drug applications, including those for opioid medications, following a rigorous review to evaluate the risks and benefits and ultimate determination that the data support safety and effectiveness. Of note, this particular medication is only indicated for use in a controlled clinical setting, meaning under medical supervision and not for use in a take-home prescription.»

A total of 1,535 patients with moderate to severe acute pain were treated with Olinvyk in controlled and open-label trials. Its safety and efficacy were established by comparing Olinvyk to placebo in randomized, controlled studies of patients who had undergone bunion surgery or abdominal surgery. Patients administered Olinvyk reported decreased pain compared to placebo at the approved doses.

The safety profile of Olinvyk is similar to other opioids. As with other opioids, the most common side effects of Olinvyk are nausea, vomiting, dizziness, headache and constipation. Olinvyk should not be given to patients with significant respiratory depression; acute or severe bronchial asthma in an unmonitored setting or in the absence of resuscitative equipment; known or suspected gastrointestinal obstruction; or known hypersensitivity to the drug. Prolonged use of opioid analgesics during pregnancy can result in neonatal opioid withdrawal syndrome.

Olinvyk carries a boxed warning about addiction, abuse and misuse; life-threatening respiratory depression; neonatal opioid withdrawal syndrome; and risks from concomitant use with benzodiazepines or other central nervous system depressants. Unlike other opioids for intravenous administration, Olinvyk has a maximum recommended daily dose limit of 27 milligrams.

The FDA granted approval of Olinvyk to Trevena, Inc.

Additional Resources:

Media Contact: Nathan Arnold, 301-796-6248
Consumer Inquiries: Email or 888-INFO-FDA

The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.

U.S. Food and Drug Administration (FDA) logo (PRNewsfoto/FDA)

 

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SOURCE U.S. Food and Drug Administration

ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Reminds Casper Sleep Inc. Investors of Important Deadline in Securities Class Action – CSPR

NEW YORK, Aug. 7, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Casper Sleep Inc. (NYSE: CSPR) pursuant and/or traceable to the Company’s initial public offering conducted on or about February 7, 2020 (the «IPO» or «Offering») of the important August 18, 2020 lead plaintiff deadline in the federal securities class action first filed by the firm. The lawsuit seeks to recover damages for Casper investors under…

NEW YORK, Aug. 7, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Casper Sleep Inc. (NYSE: CSPR) pursuant and/or traceable to the Company’s initial public offering conducted on or about February 7, 2020 (the «IPO» or «Offering») of the important August 18, 2020 lead plaintiff deadline in the federal securities class action first filed by the firm. The lawsuit seeks to recover damages for Casper investors under the federal securities laws.

To join the Casper class action, go to http://www.rosenlegal.com/cases-register-1871.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, the Offering Documents contained false and/or misleading statements and/or failed to disclose that: (1) Casper’s profit margins were actually declining, rather than growing; (2) Casper was changing an important distribution partner, costing it 130 basis points of gross margin in the first quarter of 2020 alone; (3) Casper was holding a glut of old and outdated mattress inventory that it was selling at steeply discounted clearance prices, further impairing the Company’s profitability; (4) Casper was suffering accelerating losses, further placing its ability to achieve positive cash flows and profitability out of reach; (5) Casper’s core operations were not profitable, but were causing the Company to suffer over $40 million in negative cash flows during the first quarter of 2020 alone and doubling its quarterly net loss year over year; (6) as a result of the foregoing, Casper’s ability to achieve profitability, implement its growth initiatives, and expand internationally had been misrepresented in the Offering Documents, as the Company needed to shutter its European operations, halt all international expansion, jettison over one fifth of its global corporate workforce, and significantly curtail new store openings in order to avoid an imminent cash and liquidity crisis, let alone achieve positive operating cash flows; and (7) as a result of the foregoing, Casper’s revenue growth rate was not sustainable and had not positioned the Company to achieve profitability. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 18, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1871.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources.  Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.

ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Reminds Casper Sleep Inc. Investors of Important Deadline in Securities Class Action – CSPR

NEW YORK, Aug. 7, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Casper Sleep Inc. (NYSE: CSPR) pursuant and/or traceable to the Company’s initial public offering conducted on or about February 7, 2020 (the «IPO» or «Offering») of the important August 18, 2020 lead plaintiff deadline in the federal securities class action first filed by the firm. The lawsuit seeks to recover damages for Casper investors under…

NEW YORK, Aug. 7, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Casper Sleep Inc. (NYSE: CSPR) pursuant and/or traceable to the Company’s initial public offering conducted on or about February 7, 2020 (the «IPO» or «Offering») of the important August 18, 2020 lead plaintiff deadline in the federal securities class action first filed by the firm. The lawsuit seeks to recover damages for Casper investors under the federal securities laws.

To join the Casper class action, go to http://www.rosenlegal.com/cases-register-1871.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, the Offering Documents contained false and/or misleading statements and/or failed to disclose that: (1) Casper’s profit margins were actually declining, rather than growing; (2) Casper was changing an important distribution partner, costing it 130 basis points of gross margin in the first quarter of 2020 alone; (3) Casper was holding a glut of old and outdated mattress inventory that it was selling at steeply discounted clearance prices, further impairing the Company’s profitability; (4) Casper was suffering accelerating losses, further placing its ability to achieve positive cash flows and profitability out of reach; (5) Casper’s core operations were not profitable, but were causing the Company to suffer over $40 million in negative cash flows during the first quarter of 2020 alone and doubling its quarterly net loss year over year; (6) as a result of the foregoing, Casper’s ability to achieve profitability, implement its growth initiatives, and expand internationally had been misrepresented in the Offering Documents, as the Company needed to shutter its European operations, halt all international expansion, jettison over one fifth of its global corporate workforce, and significantly curtail new store openings in order to avoid an imminent cash and liquidity crisis, let alone achieve positive operating cash flows; and (7) as a result of the foregoing, Casper’s revenue growth rate was not sustainable and had not positioned the Company to achieve profitability. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 18, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1871.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources.  Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.

American Seating Company Provides Notice of Data Security Incident

GRAND RAPIDS, Mich., Aug. 7, 2020 /PRNewswire/ — The American Seating Company («American Seating») is taking action after discovering that it became the target of a campaign that impacted two employee email accounts.

What Happened?  On January 29, 2020 American Seating became aware of suspicious activity relating to certain American Seating employee email accounts. In response, American Seating worked with third party forensic…

GRAND RAPIDS, Mich., Aug. 7, 2020 /PRNewswire/ — The American Seating Company («American Seating») is taking action after discovering that it became the target of a campaign that impacted two employee email accounts.

What Happened?  On January 29, 2020 American Seating became aware of suspicious activity relating to certain American Seating employee email accounts. In response, American Seating worked with third party forensic specialists to investigate the nature and scope of the activity. American Seating determined that two American Seating email accounts were accessed without authorization. The period of unauthorized access varied for each account at issue.  Every potentially accessible email and attachment within the impacted accounts was reviewed to determine what information may have been accessible to the unauthorized actor.  On April 28, 2020 American Seating determined the total potentially affected population of this event. Since that time, American Seating worked to find contact information for impacted individuals to ensure those impacted individuals received notice of this event.

What Information Was Involved? The types of information contained within the potentially impacted emails varied by individual but included:  an individual’s name, Social Security number, Driver’s license number financial account information, payment card information, medical information, email address and password/answer to security question, username and password/answer to security question, health insurance information, employer identification number, and/or tax identification number.

What is American Seating Doing in Response to this Incident?  American Seating is committed to, and takes very seriously, its responsibility to protect all data in its possession.  American Seating is continuously taking steps to enhance data security protections.  As part of its incident response, we changed log-in credentials for all employee email accounts to prevent further unauthorized access.  We also took further steps, including reviewing and updating our firewall policies, and implemented new industry standard antivirus protection.  

In an abundance of caution, American Seating is offering 12 months of complimentary credit monitoring to potentially affected individuals so that they may take further steps to best protect their personal information, should they feel it is appropriate to do so.  On August 7, 2020, American Seating also began mailing notice letters to individuals whose information was contained within the impacted accounts and for whom we had a postal address.

For More Information. American Seating established a dedicated assistance line for individuals seeking additional information regarding this incident. If you believe you were impacted by this incident, you can 1-888-812-1642 Monday through Friday 9AM to 7PM (Eastern).

What Individuals Can Do. Individuals may contact the dedicated assistance line, or visit American Seating’s website at www.americanseating.com to learn more about steps they can take in response to this incident. 

Monitor Your Accounts

American Seating encourages potentially impacted individuals to remain vigilant against incidents of identity theft and fraud, to review your account statements, and to monitor your credit reports for suspicious activity.  Under U.S. law you are entitled to one free credit report annually from each of the three major credit reporting bureaus. To order your free credit report, visit www.annualcreditreport.com or call, toll-free, 1-877-322-8228.  You may also contact the three major credit bureaus directly to request a free copy of your credit report.

You have the right to place a «security freeze» on your credit report, which will prohibit a consumer reporting agency from releasing information in your credit report without your express authorization. The security freeze is designed to prevent credit, loans, and services from being approved in your name without your consent. However, you should be aware that using a security freeze to take control over who gets access to the personal and financial information in your credit report may delay, interfere with, or prohibit the timely approval of any subsequent request or application you make regarding a new loan, credit, mortgage, or any other account involving the extension of credit.  Pursuant to federal law, you cannot be charged to place or lift a security freeze on your credit report.  Should you wish to place a security freeze, please contact the major consumer reporting agencies listed below:

Experian

PO Box 9554

Allen, TX 75013

1-888-397-3742

www.experian.com/freeze/center.html

TransUnion

P.O. Box 2000

Woodlyn, PA 19106

1-800-909-8872

www.transunion.com/credit-freeze

Equifax

PO Box 105788

Atlanta, GA 30348-5788

1-800-685-1111

www.equifax.com/personal/credit-report-services

As an alternative to a security freeze, you have the right to place an initial or extended «frau

d alert» on your file at no cost.  An initial fraud alert is a 1-year alert that is placed on a consumer’s credit file.  Upon seeing a fraud alert display on a consumer’s credit file, a business is required to take steps to verify the consumer’s identity before extending new credit.  If you are a victim of identity theft, you are entitled to an extended fraud alert, which is a fraud alert lasting seven years.  Should you wish to place a fraud alert, please contact any one of the agencies listed below:

Experian

P.O. Box 2002

Allen, TX 75013

1-888-397-3742

www.experian.com/fraud/center.html

TransUnion

P.O. Box 2000

Chester, PA 19106

1-800-680-7289

www.transunion.com/fraud-victim-resource/place-fraud-alert

Equifax

P.O. Box 105069

Atlanta, GA 30348

1-888-766-0008

www.equifax.com/personal/credit-report-services

Although we have no reason to believe that your personal information has been used to file fraudulent tax returns, you can contact the IRS at www.irs.gov/Individuals/Identity-Protection for helpful information and guidance on steps you can take to address a fraudulent tax return filed in your name and what to do if you become the victim of such fraud.  You can also visit www.irs.gov/uac/Taxpayer-Guide-to-Identity-Theft for more information.

You can further educate yourself regarding identity theft, fraud alerts, security freezes, and the steps you can take to protect yourself, by contacting the consumer reporting agencies, the Federal Trade Commission, or your state Attorney General. 

The Federal Trade Commission can be reached at: 600 Pennsylvania Avenue NW, Washington, DC 20580, www.identitytheft.gov, 1-877-ID-THEFT (1-877-438-4338); TTY: 1-866-653-4261. The Federal Trade Commission also encourages those who discover that their information has been misused to file a complaint with them. You can obtain further information on how to file such a complaint by way of the contact information listed above. You have the right to file a police report if you ever experience identity theft or fraud.  Please note that in order to file a report with law enforcement for identity theft, you will likely need to provide some proof that you have been a victim.  Instances of known or suspected identity theft should also be reported to law enforcement.  This notice has not been delayed by law enforcement.      

For Maryland residents: The Attorney General can be contacted at 200 St. Paul Place, 16th Floor, Baltimore, MD 21202; 1-410-528-8662; www.oag.state.md.us. American Seating is located at 401 American Seating Center, Grand Rapids, MI 49504.

For New Mexico residents: You have rights pursuant to the Fair Credit Reporting Act, such as the right to be told if information in your credit file has been used against you, the right to know what is in your credit file, the right to ask for your credit score, and the right to dispute incomplete or inaccurate information. Further, pursuant to the Fair Credit Reporting Act, the consumer reporting agencies must correct or delete inaccurate, incomplete, or unverifiable information; consumer reporting agencies may not report outdated negative information; access to your file is limited; you must give your consent for credit reports to be provided to employers; you may limit «prescreened» offers of credit and insurance you get based on information in your credit report; and you may seek damages from violators. You may have additional rights under the Fair Credit Reporting Act not summarized here. Identity theft victims and active duty military personnel have specific additional rights pursuant to the Fair Credit Reporting Act.  We encourage you to review your rights pursuant to the Fair Credit Reporting Act by visiting www.consumerfinance.gov/f/201504_cfpb_summary_your-rights-under-fcra.pdf, or by writing Consumer Response Center, Room 130-A, Federal Trade Commission, 600 Pennsylvania Ave. N.W., Washington, D.C. 20580.

For New York Residents: The Attorney General may be contacted at: Office of the Attorney General, The Capitol, Albany, NY 12224-0341; 1-800-771-7755; https://ag.ny.gov/.

For North Carolina residents: The Attorney General can be contacted at 9001 Mail Service Center, Raleigh, NC 27699-9001; 1-877-566-7226 or 1-919-716-6000; www.ncdoj.gov. You can obtain information from the Attorney General or the Federal Trade Commission about preventing identity theft.

For Washington, D.C. residents, the Attorney General can be contacted at Office of the Attorney General, 441 4th Street NW, Suite 1100 South, Washington, D.C. 20001, 202-727-3400, and www.oag.dc.gov

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SOURCE American Seating Company