LOS ANGELES, Sept. 27, 2023 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against KeyCorp (“Key” or the “Company”) (NYSE: KEY).
Class Period: February 27, 2020 – June 9, 2023 Lead Plaintiff Deadline:October 3, 2023
If you wish to serve as lead plaintiff of the Key lawsuit, you can submit your contact information at www.glancylaw.com/cases/KeyCorp/. 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.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Key downplayed concerns with its liquidity while overstating the effectiveness of its long-term liquidity strategy; (2) Key overstated its projected NII for the second quarter and full year of 2023, as well as related positive NII drivers, while downplaying negative NII drivers; (3) as a result, Key was likely to negatively revise its previously issued NII guidance; (4) all the foregoing, once revealed, was likely to negatively impact Key’s business, financial results, and reputation; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SHIRLEY, N.Y., Sept. 27, 2023 /PRNewswire/ — American Regent has received a Novaplus Program Excellence Award from Vizient, Inc., the nation’s largest provider-driven health care performance improvement company. The recognition was announced at the 2023 Vizient Connections Summit, held September 18-21 in Las Vegas.
The Program Excellence Awards honor Vizient-contracted suppliers for their superior service, support, reliability, ethics and integrity in collaboration with Vizient and Vizient provider customers. This year, Vizient recognized American Regent, for providing exceptional value through Novaplus, Vizient’s private-label brand that delivers additional assurance, financial value, quality and support on pharmaceuticals, medical-surgical products and purchased service offerings.
“I am so honored to accept this award on behalf of American Regent and for our Company to be recognized for providing differentiated value through this unique program channel” said Joann Gioia, Vice President and Chief Commercial Officer. “Providing exceptional service is the result of the hard work, dedication, and patient-centric mindset of our employees and would not be possible without them.”
“Vizient is pleased to recognize American Regent with a 2023 Novaplus Program Excellence Award,” said Simrit Sandhu, Executive Vice President, Clinical Supply Solutions, Vizient. “American Regent has demonstrated exceptional collaboration and commitment to service excellence and we greatly appreciate their contribution in helping Vizient provider customers optimize their cost, quality, and market performance.”
About American Regent
American Regent, Inc.®, a Daiichi Sankyo Group company, is an industry-leading injectable manufacturer. For over 50 years, American Regent has been developing, manufacturing, and supplying quality generic and branded injectables for healthcare providers. For more than 20 years, we have been a leader in IV iron therapy.
American Regent is committed to US-based manufacturing. To that end, over the last several years we have made significant investments in expanding and modernizing our manufacturing facilities in Ohio and New York. This expansion will nearly double our capacity and allow us to better serve our customers now and in the future.
Speed counts. Flexibility matters. Reliability and quality are paramount. Because patients should never have to wait for the medications they need.
KIRKLAND, Wash., Sept. 27, 2023 /PRNewswire/ — Evergreen Impact Housing Fund (EIHF), developer Inland Group, and Microsoft are pleased to announce the full financing of the Polaris at Totem Lake affordable housing development in Kirkland, WA. Polaris is slated for completion in 2026.
Polaris will create more than 440 apartments that are affordable to people with different levels of income. This will include 260 affordable housing units for households earning 50-60% of the area median income (AMI), and 40 units for very low-income families earning 30-50% AMI. Designed with wrap-around services for those who had been experiencing homelessness, families living in the new development will have access to public transportation and resources through the nonprofit Hopelink, including onsite behavioral health providers to support their transition.
“Access to affordable, stable housing is especially important at a time of economic uncertainty. More and more working families throughout Washington State are facing rising housing costs and growing threats of displacement,” said Kris Hermanns, fund manager of EIHF at Seattle Foundation. “In partnership with local investors and developers, EIHF helps to bridge funding gaps that stall large-scale housing projects with family-sized units. EIHF’s patient, low-interest financing helps ensure the folks who make our communities thrive—our health workers, teachers, store clerks, laborers, and firefighters—can call this region home.”
Microsoft has invested in EIHF since the Fund’s inception and is providing support for various stages of the Polaris project through several programs: land acquisition through the Washington State Housing and Finance Commission (WSHFC), direct construction financing, and permanent financing through EIHF, making it possible for this project to be realized.
“It will take bold leadership, partnership and ingenuity across our community to address the region’s housing and affordability crisis,” said Jane Broom, Senior Director, Microsoft Philanthropies. “EIHF is a great example of how the private, public, and nonprofit sectors can work together to find new solutions that advance affordable housing development. We are pleased to provide much-needed capital to move Polaris forward.”
This is the second collaboration between EIHF and the developer Inland Group, whose portfolio includes 17 affordable apartment home communities across the western United States. “It is challenging to build large-scale affordable housing in Washington State, but working with EIHF and its investors allows projects like Polaris to happen. We’re thrilled that EIHF and Microsoft have stepped up to fill financing gaps,” said John Fisher, Developer at the Inland Group. “Helping working families get access to affordable apartments is truly a group effort and takes creative partnerships.”
WSHFC coordinated the resources for the Polaris project, including the allocation of bond cap and tax credits. WSHFC administers the Expanded Land Acquisition Program (ELAP), a collaboration between the Commission and Microsoft that enables developers to purchase land and improved real property in east King County for affordable rental housing or single-family homes.
The full financing of the Polaris project is a testament to the power of collaboration and the urgent need to address the affordable housing crisis. It stands as an example of how public and private entities can come together to create positive, sustainable change in Washington State.
ABOUT EIHF:
Evergreen Impact Housing Fund (EIHF) provides catalytic impact capital to build more affordable apartments in Washington State. EIHF’s investments are designed to ensure financial feasibility of projects, counteract market distortions, complement established financing for affordable housing, and advance positive outcomes for Black, Indigenous, and People of Color communities.
EIHF is managed by the Seattle Foundation Impact Funds Manager and partners with the Washington State Housing Finance Commission to identify and invest in 200+-unit projects. EIHF is closely aligned with Seattle Foundation’s aims to advance racial justice and economic equity in our region through transformative capital. Learn more at https://evergreenimpact.org/.
ASHLAND, Va., Sept. 27, 2023 /PRNewswire/ — Fencing Supply Group (“FSG”), a portfolio company of The Sterling Group, announced that it has acquired Atlantic Fence Supply (“AFS” or “The Company”), an experienced fence supplier known for their customer service and reliability serving Richmond, Tidewater and the surrounding Virginia area. AFS is a leading wholesale distributor of ornamental, vinyl, wood, and chain link fencing, as well as custom gates, and operates from their branch location in Ashland, Virginia.
Established in 1998, AFS prides itself on providing outstanding customer service with a sales staff that has more than 50 years of combined fence experience. The company focuses on the fabrication of chain-link gates, kennels and aluminum slide gates, as well as standard and custom vinyl fence styles. Macon Powers, President of Atlantic Fence Supply, said, “Joining Fencing Supply Group will provide many opportunities for our employees and customers. We are excited to expand our capabilities and continue to give our customers the dedication they have come to expect.”
“We are very excited to help AFS build on their outstanding track record and continue to grow their business. The company is built on a cultural foundation of integrity, trust and taking care of its people, which aligns with our values,” said Andrea Hogan, CEO of Fencing Supply Group.
ABOUT FENCING SUPPLY GROUP
Founded in 2021, Fencing Supply Group (FSG) is a group of industry-leading fencing distributors. FSG is the largest wholesale distributor and manufacturer of fencing and outdoor living supplies in the United States. FSG businesses serve professional fencing contractors who provide new, improvement, and repair fencing services across residential, industrial, commercial, and infrastructure end markets. The FSG model combines local relationships, service, and expertise with national scale and resources to benefit customers, employees, and suppliers. Current FSG companies include Binford Supply, Cedar Supply, Fence Supply, Hartford Fence, Merchants Metals, Pro Access Systems, Sharon Fence Distributors, Specialty Fence Wholesale Jacksonville, Specialty Fence Wholesale Mulberry, and Vinyl by Design, which collectively operate over 70 branches across more than 30 states. For further information, please visit fencingsupplygroup.com.
ABOUT THE STERLING GROUP
Founded in 1982, The Sterling Group is a private equity and private credit investment firm that targets investments in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $1 billion. Sterling has sponsored the buyout of 66 platform companies and numerous add-on acquisitions for a total transaction value of over $22.0 billion. Sterling currently has over $6.1 billion of assets under management. For further information, please visit www.sterling-group.com.
Nation’s oldest and largest legal non-profit advocating for the LGBTQ+ and HIV+ communities marks its #unprecedented past and #unstoppable future with advocacy events throughout the month of October
The nonprofit organization, along with its donors and allies, pledges to battle for another 50 years in the courthouse and the statehouse against the renewed onslaught on the LGBTQ+ community with an emphasis on protecting transgender communities
NEW YORK and LOS ANGELES, Sept. 27, 2023 /PRNewswire/ — In October, during LGBTQ+ History Month, Lambda Legal – the country’s oldest and largest nonprofit dedicated to advancing the legal rights of LGBTQ+ people and everyone living with HIV – will celebrate its 50th anniversary. To mark the occasion, the leaders of the organization renew and underscore their commitment to continue that battle for the next 50 years, if necessary, and in particular to fight the recent wave of attacks targeting transgender and nonbinary people, LGBTQ+ youth, and other marginalized LGBTQ+ communities.
Lawrence v. Texas, one of Lambda Legal’s earliest wins, is considered the most significant gay rights breakthrough of our time. The historic case overturned all remaining state sodomy laws in the United States.
Lambda Legal continues to fight the recent wave of attacks targeting transgender and nonbinary people, LGBTQ+ youth, and other marginalized LGBTQ+ communities.
For the past 50 years, Lambda Legal has been at the forefront of the march to equality for the LGBTQ+ community and for everyone living with HIV. From winning the first challenge to HIV discrimination in 1983 and securing core protections for LGBTQ+ youth in schools, to its breakthrough victories securing the right to marriage for same-sex couples, Lambda Legal has driven fundamental progress in the fight for equality, dignity, and justice.
Lambda Legal will honor its historic anniversary with a nationwide celebration, including an in-person event in New York City on October 18. The event will be livestreamed at regional watch parties in cities across the country. For more details, please visit 50years.LambdaLegal.org. The anniversary celebration will also include an exhibition held in partnership with the American LGBTQ History Museum that debuts in November, and the upcoming publication of a Lambda Legal history book in 2024.
“Since 1973, Lambda Legal has fiercely advocated for the LGBTQ+ community and, since the 1980s, for everyone living with HIV. No matter what effort has been launched to force us back into the closet or to undercut our fully lived equality – we have beaten back those efforts in the court of law,” said Kevin Jennings, CEO of Lambda Legal. “Now more than ever, the LGBTQ+ community must and will stand up and fight for our rights. At Lambda Legal, we vow to keep fighting for the next 50 years to protect and advance our rights.”
“Make no mistake, Lambda Legal is ready and prepared, and has no illusions about the fights ahead. For 50 years, we have confronted bigotry and opportunistic ignorance in many forms, defending our community and steadily establishing one-after-another breakthrough precedents in courts nationwide,” stated Jenny Pizer, Chief Legal Officer of Lambda Legal. “Our litigation strategy in the coming decades will continue to be proactive and determined, challenging the cruel and blatantly unlawful policies flooding state legislatures and, now in the House of Representatives as well. We will continue to call on the American public and our elected leaders to reject the extremists working to impose their narrow, self-serving orthodoxy on all of us, to erase our entire LGBTQ+ community, and to make daily existence impossible for queer and trans youth. As we have for half a century, we will defend them fiercely. And in doing so, we will push our courts and country to honor ever more fully our founding principles of equality and freedom for everyone.”
As Lambda Legal celebrates its anniversary, the organization’s dedicated team continues to fight anti-LGBTQ+ legislation, particularly anti-transgender policies in more than 27 states across the country challenging discrimination in healthcare, school policies and curricula, public school sports programs, access to school restrooms and other facilities, and access to accurate identity documents.
Lambda Legal is a national organization committed to achieving full recognition of the civil rights of lesbians, gay men, bisexuals, transgender people and everyone living with HIV through impact litigation, education and policy work. www.lambdalegal.org
LOS ANGELES, Sept. 27, 2023 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV).
Class Period: June 29, 2021 – December 7, 2021 Lead Plaintiff Deadline:October 30, 2023
If you wish to serve as lead plaintiff of the AeroVironment lawsuit, you can submit your contact information at www.glancylaw.com/cases/AeroVironment-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.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) AeroVironment had been experiencing a decline in sales in all of their core businesses; (2) AeroVironment’s projections were inaccurate and that Defendants lacked the necessary internal controls over financial reporting to develop accurate projections; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
