Category: PUBLIC LAW FIRMS

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UPDATE 1-China says U.S. audit law targeting Chinese firms discriminatory

(Adds more details, background)

SHANGHAI, Dec 4 (Reuters) – China’s securities regulator said on Friday that U.S. legislation that threatens to kick Chinese firms off its exchanges is “clearly discriminatory” and politically driven, but China is still willing to talk.

The U.S. Congress passed legislation on Wednesday that would force Chinese firms to delist from U.S. exchanges unless they abide by U.S. accounting rules. It is expected soon to be signed into law by U.S. President Donald Trump.

The China Securities Regulatory Commission (CSRC) said in a statement that the “Holding Foreign Companies Accountable Act” is “clearly discriminatory” and not based on professional grounds.

The Act would force U.S.-listed companies to prove that they are not controlled by a foreign government, and require companies name Chinese Communist Party (CCP) officials on their boards, and disclose whether their articles of incorporation contains any charter of the CCP.

“We firmly oppose

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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of RCL, MESO and LVS

The MarketWatch News Department was not involved in the creation of this content.

December 03, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / December 3, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Royal Caribbean Cruises Ltd. (NYSE:RCL)Class Period: February 4, 2020 – March 17, 2020Lead Plaintiff Deadline: December 7, 2020

The RCL lawsuit alleges Royal Caribbean Cruises Ltd. made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) Royal Caribbean misled investors to believe that any issue related to COVID-19 was relatively insignificant; (2) the Company falsely assured investors that bookings outside China were strong

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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of RCL, RTX and PINS

The MarketWatch News Department was not involved in the creation of this content.

December 03, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / December 3, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Royal Caribbean Cruises Ltd. (NYSE:RCL)

Investors Affected : February 4, 2020 – March 17, 2020

A class action has commenced on behalf of certain shareholders in Royal Caribbean Cruises Ltd. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Royal Caribbean misled investors to believe that any issue related to COVID-19 was

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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Reminds First American Financial Corp. Investors of …

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of First American Financial Corp. (NYSE: FAF) between February 17, 2017 and October 22, 2020, inclusive (the “Class Period”), of the important December 24, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for First American investors under the federal securities laws.

To join the First American class action, go to http://www.rosenlegal.com/cases-register-1662.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) First American failed to implement basic security

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U-M board hires firm to help guide culture overhaul at university

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Students walk down South State Street on the University of Michigan central campus in Ann Arbor on Wednesday, June 13, 2018. (Photo: Kimberly P. Mitchell, Kimberly P. Mitchell, Detroit Fr)

The University of Michigan’s Board of Regents officially has hired an outside firm to help guide its response to sexual assault complaints and help overhaul a culture many said led to the improper handling of accusations against high-profile employees.

Guidepost Solutions is an investigations, regulatory compliance, monitoring and security consulting firm that has served as the independent safety monitor for General Motors  and as federal monitor of the New York City Housing Authority. It also has addressed sexual misconduct or discrimination matters at a number of public and private universities.

A former federal prosecutor, Asha Muldro, will lead the team working with U-M. 

“The key to our success here at the University of Michigan will be a solid and

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Civil rights lawyer named partner in Koskoff firm

BRIDGEPORT — A longtime advocate of civil justice has been made a partner in the prominent city law firm Koskoff & Bieder.

Preston C. Tisdale, of Trumbull, who has represented minorities in the community for more than 40 years, becomes the firm’s first Black partner.

Tisdale previously said he was influenced by his mother, Loyse Gilliam Tisdale, Bridgeport’s first Black legal secretary and co-creator of Action for Bridgeport Community Development.

“The Koskoff firm that has been a beacon of hope to many people who have suffered serious injuries or harm from medical malpractice, constitutional rights violations and much more,” Tisdale said. “It is an honor to be named a partner.”


The firm’s managing partner, James Horwitz, said Tisdale has many of the same qualities as their founder, Theodore Koskoff, who represented members of the Black Panther organization in a celebrated trial in New Haven in the 1970s.

“Preston cares deeply

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Republicans demand probe into Padilla’s $35M grant to Biden-linked firm, claim ‘misuse’ of taxpayer funds

EXCLUSIVE: Republicans on the House Oversight and House Administration Committees are demanding answers from California Secretary of State Alex Padilla about a “highly questionable” $35 million contract his office awarded to a firm linked to the Biden campaign, claiming it was a “misuse of taxpayer money and a violation of the law.”

Padilla’s office, according to House Oversight Committee Ranking Member James Comer, R-Ky., Administration Committee Ranking Member Rodney Davis, R-Ill., and Rep. Jody Hice, R-Ga., allegedly used Help America Vote Act (HAVA) grant money from the coronavirus stimulus package, known as the CARES Act, to fund a voter contract with SKD Knickerbocker— a public affairs and political consulting firm the Republican lawmakers described as “Joe Biden’s main election campaign advisory firm.”

THE RACE IS ON TO SUCCEED KAMALA HARRIS IN THE SENATE: WHO THE FAVORITES ARE

“In light of recent media reports that California Secretary of State Alex Padilla

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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of LOOP, FAF and ICPT

The MarketWatch News Department was not involved in the creation of this content.

December 03, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / December 3, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Loop Industries, Inc. (NASDAQ: LOOP)Class Period: September 24, 2018 – October 12, 2020Lead Plaintiff Deadline: December 14, 2020

According to the complaint, Loop Industries, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Loop scientists were encouraged to misrepresent the results of Loop’s purportedly proprietary process; (2) Loop did not have the technology to break PET down to its base chemicals at a recovery

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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of K12 Inc. (LRN) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of K12 Inc. (“K12” or the “Company”) (NYSE: LRN) investors concerning the Company’s possible violations of the federal securities laws.

If you suffered a loss on your K12 investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/k12-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

On August 26, 2020, reports surfaced that K12’s training for teachers on its online education platform in Miami-Dade County Public Schools, one of the largest school districts in the country, had been ineffective and “unacceptable.”

On this news, the Company’s stock price fell

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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of TRQ, ICPT and BABA

The MarketWatch News Department was not involved in the creation of this content.

December 03, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / December 3, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Turquoise Hill Resources Ltd. (NYSE:TRQ)

Investors Affected : July 17, 2018 – July 31, 2019

A class action has commenced on behalf of certain shareholders in Turquoise Hill Resources Ltd. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the progress of underground development of Oyu Tolgoi was not proceeding as planned;

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