WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) between May 28, 2021 and May 24, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Verrica securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Verrica class action, go to https://rosenlegal.com/submit-form/?case_id=6828 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. 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 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica’s contract manufacturer produced bulk solution for VP-102 (a drug device combination of Verrica’s topical solution, cantharidin, administered through a single-use precision applicator for the treatment of molluscum contagiosum); (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application (“NDA”) to the U.S. Food and Drug Administration (“FDA”) for VP-102 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants’ positive statements about Verrica’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select 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.
BOA VISTA, Brasil, 30 de julho de 2022 /PRNewswire/ — Milhares de pessoas acompanharam na noite deste sábado, 30, a candidata ao Governo de Roraima, Teresa Surita (MDB), relembrar toda a sua trajetória no Estado, especialmente como governante de Boa Vista, capital onde vivem cerca de 70% da população do estado. Para Teresa, não será com mentiras nem com intimidação que essa eleição será definida.
“Nunca estive com tanta vontade, com tanta energia e disposição para enfrentar o que virá. Trabalhar por Roraima e mudar nosso estado para melhor. Nada supera a verdade. Não tem propaganda que mude aquilo que você vê nas ruas. Não tem boato que apague o que está no coração de cada um de nós”, disse Teresa sobre as tentativas de esconder o abandono do estado com propagandas enganosas.
Romero Jucá, presidente do MDB em Roraima, também teve sua candidatura ao Senado Federal oficializada. Além da população que lotou o estúdio 55 e superlotou as ruas próximas ao local da convenção, participaram do evento vários candidatos a deputados estaduais e federais, além de empresários, os prefeitos de Boa Vista, Arthur Henrique, de Mucajaí, Eronildes Aparecida (Nega), e de São Luiz, James Batista.
Bolsonaro está no PL e vai caminhar com Édio, Teresa e Romero em Roraima
O presidente do Partido Liberal (PL), Valdemar Costa, mesma sigla do presidente Jair Bolsonaro, deixou de estar na convenção em São Paulo para prestigiar o evento em Roraima que chancelou Teresa Surita como candidata ao governo do estado. O candidato a vice-governador, presidente do PL em Roraima, é o deputado Federal Edio Lopes.
Valdemar confirmou que Bolsonaro está no partido do Édio em Roraima, e é com ele que o presidente seguirá. “Dei preferência para estar em Roraima e quero saber quem tem coragem de votar contra a Teresa. Nunca vi um trabalho igual a esse. Vocês não imaginam a fama que a Teresa tem em Brasília. Ela conseguiu construir uma das melhores capitais do Brasil. E mais importante ainda, o que ela fez pela educação, o que ela fez com as crianças é um exemplo para ser seguido em todo o estado”.
O presidente nacional do PL explicou ainda que o presidente Bolsonaro sempre tratou bem qualquer representante de Roraima que esteve em Brasília. “Quando vai uma autoridade daqui para Brasília, o presidente Bolsonaro tem que tratar bem qualquer representante, mas eu quero dizer que o Bolsonaro está no PL, no partido do Édio, e é com ele que nós vamos caminhar nessa campanha”, esclareceu.
Ainda de acordo com Valdemar, o presidente Bolsonaro mandou um recado para o candidato Romero Jucá. “O que eu vi o Romero Jucá fazer para Roraima, eu nunca vi igual. Fez um trabalho que faz falta em Brasília para nós. O Bolsonaro falou: Valdemar, você tem que ir lá para Boa Vista conversar com Jucá porque nós precisamos de senadores que nem ele aqui em Brasília, porque sabe trabalhar, conhece o país”, finalizou.
“Ninguém nunca precisou tirar foto comigo para receber uma cesta básica”, disse Teresa.
Teresa criticou a forma de fazer política pelo atual grupo que comanda o estado. “Ninguém nunca precisou apertar a minha mão para que o filho tivesse vaga nas escolas. Ninguém precisou me pedir favor para receber uma licença ambiental, alvarás, nem títulos definitivos. Eu aprendi com meu pai a fazer a boa política, que é para todos, não para apenas alguns”.
Enquanto governou Boa Vista por oito anos, milhares de famílias sempre receberam os apoios necessários, tanto com projetos sociais importantes, como, nas épocas mais difíceis, a exemplo da pandemia, com auxílio alimentar, com entrega de cestas básicas. Porém, Teresa nunca se promoveu às custas das necessidades das pessoas.
Sobre os próximos dias de campanha, Teresa ainda denunciou. “Eles que façam o que estão acostumados a fazer. Eles vão inventar coisas horríveis a meu respeito. Vão fazer o jogo sujo e ainda se orgulhar disso. Mandarão a polícia na minha casa, tentarão intimidar as pessoas que querem a mudança, mesmo assim vamos vencer”.
Teresa deixou o governo de Boa Vista com 93% de aprovação popular
Em sua trajetória política, Teresa tem um importante legado como gestora pública e forte experiência como governante da capital Boa Vista, que concentra 70% da população de Roraima. Finalizou seu último mandato com 93% de aprovação popular e fez o seu sucessor, o prefeito Arthur Henrique, com 85% dos votos válidos, sendo o prefeito mais votado do Brasil.
Caíque Silva Assessor de Comunicação Pré-candidata ao Governo de Roraima – Teresa Surita Contato: 95-98123-1751
MIAMI, July 30, 2022 /PRNewswire/ — The announcement of The Virtual Restaurant Association, or VRA – the United States first Non-Profit with the purpose of qualifying Virtual Restaurant Companies to protect Consumer, Driver & Restaurants – Health, Safety & Profits.
The Virtual Restaurant Association will focus on providing Free Memberships to Virtual Restaurant Companies that have displayed a focus on:
Virtual restaurants have been a lifeline for many restaurant owners who had to shut down physical locations or limit dining to curbside and take-out only during the pandemic. However, the number of unsafe and copy-cat brands has flooded the market with consumer doubt and unhealthy sanitation practices.
The Florida Non-Profit will consistently review new and existing Virtual Restaurant companies and provide free memberships based on pre-determined criteria. Over the coming months The Virtual Restaurant Association will elect and announce its board members and begin taking applications from potential member companies and restaurant groups.
For more information, visit: VirtualRestaurantAssoc.Org
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Waste Management, Inc. (NYSE: WM) redeemable senior notes (the “Notes”) between February 13, 2020 and June 23, 2020, inclusive (the “Class Period”), including the following senior redeemable notes issued by WM in May 2019: (i) 2.95% Senior Notes due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% Senior Notes due 2029; and (iv) 4.00% Senior Notes due 2039, of the importantAugust 8, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Waste Management Notes during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. 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 8, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million Antitrust Revenue Threshold; (2) as a result, the merger would not be completed by the End Date; and (3) the Notes would be subject to mandatory redemption at 101% of par. When the true details entered the market, the lawsuit claims that investors suffered damages.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select 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.
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here.
Bootstrapped startups, or companies that use their own revenue or existing cash flow to fund growth instead of relying on external capital sources, sit in a very separate box than venture-backed startups. By nature of asset class, bootstrapped startups prioritize revenue to keep alive, while venture-backed startups prioritize growth to keep investor buy-in for future runway needs. Bootstrapped companies follow less of an exponential growth curve, while venture-backed companies need to be an outlier.
Enter a downturn and both sides get a tad more interesting. The built-in business discipline of bootstrapped startups may feel especially downturn-proof as the overfunded companies announce rounds of layoffs. As venture starts to be more interested in the stable fundamentals of the startup bunch, is it the bootstrapper’s time to swing big?
For Healthie, a payments processor for healthcare companies, now felt like the right time to get on the “treadmill” of venture capital after six years of bootstrapping, according to co-founder Cavan Klinsky.
“If you’re a bootstrapped company who is not yet on the [venture] treadmill, you have that kind of optionality or that ability to choose when to get on,” he said. “Once you’ve already raised a bunch of ventures, you’re kind of building a business for venture scale, whereas if you are bootstrapped … you can be really really opportunistic about what that right time is.
In the rest of this newsletter, we’ll get into a play on Honey for the real world and behind some significant layoffs happening in tech. As always, you can support me by forwarding this newsletter to a friend or following me on Twitter .
If Pogo had its way , you’d get paid every time you stroll down Market Street in San Francisco. Or check your email. Or open its app. The only catch is that you give your personal data to the consumer-focused fintech in return. Put differently, Pogo wants to give users cash in return for their data.
I dug into the startup, which just raised a $12.3 million seed round led by Josh Buckley and a previously unannounced $2.5 million pre-seed round, and its goals for TechCrunch this week.
Here’s why it’s important: Pogo is going to have an intimate window into someone’s life, from where they live to their favorite coffee shop to just how many subscriptions they own. It’s similar to what a bank would see, but it’s a venture-backed startup that it wants you to trust.
The Electronic Frontier Foundation , a nonprofit that has defended civil liberties in the digital world since 1990, describes the idea of exchanging data for money as “data dividends.” In an essay, the organization urges consumers to rethink if getting money for their data really fixes the existent imbalance between users and corporations.
The EFF asks a series of questions, such as who will determine what the cost of certain data is and what makes your data valuable to companies? Plus, what does the average person gain from a data dividend and what do they lose in exchange for that extra cash?
Image Credits: Getty Images
Image Credits: Getty Images
There were a number of significant layoffs this week, not limited to but including:
Here’s why it’s important: This format almost doesn’t work for layoff coverage, because it’s clear why people losing jobs is an important dynamic to cover. What’s new more recently, which I’ll get into next week, is that we’re seeing founders conduct two rounds of layoffs in quick succession.
Any requests for topics for me to dig into, either on Startups Weekly or on the show? Tweet me a big question and I’ll take a swing at it, either on an upcoming Startups Weekly or on the podcast.
