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EQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Rayonier Advanced Materials Inc. and Encourages Investors with Losses to Contact the Firm

By Lundin Law PC

LOS ANGELES, CA / ACCESSWIRE / September 20, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Rayonier Advanced Materials Inc. (“Rayonier” or the “Company”) (NYSE: RYAM) regarding possible violations of federal securities laws between October 29, 2014 and August 19, 2015, inclusive (the “Class Period”). Investors who purchased or otherwise acquired Rayonier shares during the Class Period should contact the firm prior to the October 16, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, throughout the Class Period, Rayonier issued materially false and misleading statements, and/or failed to disclose adverse information, about its business and outlook. Specifically, despite the Company’s claims during the Class Period that in 2015 Rayonier “will be able to maintain or increase [its] share of volume at each of [its] top 10 customers,” since 2013, one of its top three customers, Eastman Chemical Company (“Eastman”), had been informing Rayonier of its competitors’ pricing and had requested that Rayonier respond to declines in market pricing. This led to a protracted dispute between Rayonier and Eastman over the “meet and release” provision of their agreement.

On August 18, 2015, the Company filed a form 8-K with the U.S. Securities and Exchange Commission, informing investors that the Company filed an action against Eastman regarding its “chemical cellulose specialty products contract with Eastman.” On August 19, 2015, Rayonier issued a press release further explaining the dispute with Eastman, stating that the language in the contract at issue involved the “meet or release” provisions of the agreement, which allowed Eastman to obtain ‘third party offers that meet the requirements of the Supply Agreement for similar cellulose specialties products, and would require [Rayonier] to either meet such price or release the volume, thereby allowing Eastman to purchase the volume from the third party.” The release also revealed that on August 12, 2017, Eastman filed an action against the Company regarding the same “meet or release” provisions in their contract. Upon release of this information, shares of Rayonier fell in value materially, which caused investors harm according to the Complaint.

Lundin Law PC was founded by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethics rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 475946

SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Depomed, Inc. and Reminds Investors with Losses to Contact the Firm

By Lundin Law PC

LOS ANGELES, CA / ACCESSWIRE / September 20, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Depomed, Inc. (“Depomed” or the “Company”) (NASDAQ: DEPO) for possible violations of federal securities laws from February 26, 2015 through August 7, 2017, inclusive (the “Class Period”). Investors who purchased or otherwise acquired Depomed shares during the Class Period should contact the firm prior to the October 17, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered to be represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, throughout the Class Period, Depomed made false and/or misleading statements, and/or failed to disclose: that the Company engaged in questionable practices in connection with the sales and marketing of its opioid products; that this conduct would likely subject Depomed to heightened legal and regulatory scrutiny; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times.

On August 7, 2017, Depomed revealed that it “recently received a request for information from the ranking minority member of the United States Senate Committee on Homeland Security and Governmental Affairs related to the promotion of opioids” and that Depomed had also received “subpoenas related to opioid sales and marketing from the Office of the Attorney General of Maryland and the United States Department of Justice.” When this information was released, shares of Depomed decreased in value, which caused investors harm according to the Complaint.

Lundin Law PC was established by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 475947

Cannabis Cultivation in Nevada, OrgHarvest Announces 10% Convertible Bonds

By OrgHarvest

Cannabis Cultivation in Nevada – OrgHarvest Announces Availability as of September 20, 2017

Private Placement of Preferred Stock with a Term of Seven Years Convertible to Common One for Two Paying 10% Interest Quarterly and Callable After Three Years, Insured Through Independent Credit Default Swap

INCLINE VILLAGE, NV / ACCESSWIRE / September 20, 2017 / Today, OrgHarvest (OTC PINK: HSPG), while at the Board Meeting with members Dr. Dean Cohen, James Adams, Frank Celecia, announced availability as of September 20, 2017, enabling investors to purchase preferred series “A” shares convertible for one (1) preferred share to two (2) common shares anytime in the first three (3) years, paying 10% interest quarterly, and backed by (CDS) Credit default swaps to protect Investor from default by the company. The company continues to find a working relationship with an investment bank and offers shares directly to the public via https://hslinc.venture360.co/apply/investor/register.

“We will be one of the largest cultivators in Nevada of cannabis, with production of 13 tons a year from 140 thousand square feet of greenhouses,” said Frank Celecia, CEO. For a link to our Private Placement offering, click here: https://hslinc.venture360.co/apply/investor/register. Also, be sure to visit our website at: www.orgharvest.us.

Name and Symbol Change

OrgHarvest is a new company in the Nevada recreational marijuana industry dedicated to cultivating cannabis. Home Shopping Latino, Inc. is the parent company of OrgHarvest and is registered in the state of Delaware. Home Shopping Latino, Inc. (“HSL, Inc.”) trades publicly under the stock symbol “HSPG” on the Over-the-Counter Market in the USA (OTC PINK: HSPG). Home Shopping Latino, Inc. is doing business as (dba) OrgHarvest. The company will submit the necessary information and will file for a symbol change to “ORGH.”

Existing Common Shareholders

Shareholders of common shares of HSL, Inc. do not have to do anything with their existing shares, as these will automatically be converted one for one in the new company, OrgHarvest.

The company will file for a name change to OrgHarvest. OrgHarvest will cultivate high-quality cannabis and cannabis plants. The company’s goal is to provide high-quality cannabis to retail marijuana stores, manufacturing, and other cultivation facilities in Las Vegas, Reno, and the surrounding areas.

The company will distribute cannabis through wholesale transactions to qualified marijuana establishments. The company will operate under stringent quality control processes with all of the marijuana products to be distributed only after passing all state-required inspections by independent third party testing facilities and internal inspections, before being provided to the end users. The company will seek to obtain a license to operate a cultivation and production facility from the Department of Taxation in the state of Nevada.

OrgHarvest will not only strive to provide high quality cannabis, but will also produce it in the most sustainable manner. We are poised to become an industry leader in the cannabis industry. The target market for OrgHarvest is comprised of retail stores, processors, and the 45 million tourists that visit Las Vegas and Reno/Lake Tahoe each year, as well as adjacent producers interested in local businesses and farms that create products from the ground up.

Detail of Default Swap

TRINITY HARVEST FINANCIAL SERVICES is pleased to make this exclusive offer of a specialty credit default swap facility to all potential investors of OrgHarvest for preferred stock purchases. This credit default swap will be underwritten by Adelaide Credit Swap Holdings at market pricing. Each investor (or prospective investor) would be given a term sheet specific to their individual investment. This facility adds an extra layer of risk protection to an already excellent investment.

Adelaide Credit Swap Holdings:

Adelaide has reviewed the challenges and obstacles that were presented with this investment and are subject to our underwriting criteria, including any and all special conditions and or contingencies for which we are able to provide a term sheet directly to any accredit investor.

This protection and hedging risk that we provide will be done through a non-security based credit default swap, written as a private party transaction (between the prospective investor and credit default provider), over-the-counter (OTC). Our swaps do not process through a clearinghouse. ISDA Uniform documents will be available, if needed (subject to counter-party risk), subject to copyright and licensing protocols required by the International Swaps and Derivatives Association.

We will voluntarily report all swap transactions to all appropriate regulators, including the Commodity Futures Trading Commission (CFTC). Our books and records will be available for inspection, in accordance with federal statutes, which regulate this market. Swap transactions may also be subject to reporting requirements with swap data repositories (SDR’s).

If interested, please contact Jim Thomas at: jim@trinityharvestfinancial.com.

Please provide the following information:

1) Amount of investment
2) Accredited investor Offeree questionnaire

James W. Thomas II (Jim)
President & CEO
Office # 732-968-6300 Cell # 908-334-2801
https://hslinc.venture360.co/apply/investor/register

Market

Recent research indicates that the cannabis industry has been growing steadily and rapidly since the passage of laws allowing the distribution of marijuana. According to Oakland-based marijuana angel investment network, The ArcView Group (Executive Summary, 5th Edition), national legal sales for 2016 grew to $6.7 billion from $5 billion in 2015, fueled by explosive growth in adult use market sales. The growth continues in a robust pattern that ArcView estimates will lead to a $22.6 billion market in 2021 at a 27% compound annual growth rate.

In November 2016, a new set of regulations paved the way for a recreational marijuana market in Nevada. The state of Nevada began recreational sales on July 1, 2017 which is expected to register a compound annual growth rate of 42% over the next five years, thus adding up to $433 million in sales annually by 2021. The evolving legal environment combined with changing public attitudes are all factors contributing to a perfect storm to cultivate industry growth.

OrgHarvest’s Private Placement can be downloaded in one convenient location at https://hslinc.venture360.co/apply/investor/register.

*Note: Artist rendition of the high tech and cost effective, and environment friendly greenhouses from the Netherlands.

Watch Greenhouse assembly video: https://youtu.be/pIZ45W-pxzQ

Founded in 2006, Home Shopping Latino, Inc. (OTC PINK: HSPG), dba OrgHarvest, is positioning itself to be a cannabis cultivation leader in Nevada. The company offers a wide range of products and services designed to service cannabis users in the state of Nevada.

For more information (Press only):

Frank Celecia
310-460-8426
frank@orgharvest.us
http://www.orgharvest.us/

For more information on the press release from September 20, 2017:

https://hslinc.venture360.co/apply/investor/register

SOURCE: OrgHarvest

ReleaseID: 475935

NXT-ID Inc. (NASDAQ: NXTD) Joins Investor Outreach Platform “Executive Casts”

By GeoInvesting

SKIPPACK, PA / ACCESSWIRE / September 20, 2017 / Executive Casts (“EC”), a business focused on delivering content and investor outreach options for public companies through online video, is pleased to announce that NXT-ID (NASDAQ: NXTD) has joined the platform to connect with its investors about various aspects of its business.

NXT-ID, Inc. provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT).

Today’s featured interviews with NXTD’s CEO, Gino Pereira, and COO, Michael Orlando, available on GeoInvesting.com, cover the following topics:

Gino Pereira

  • A Little About Nxt-ID
  • FitPay Acquisition
  • Smart Technology Doesn’t Have to Be Difficult to Use
  • How NXTD’s Current Company Came Together
  • Smartphones and the Future of Authentication
  • Revenues and Growth

Michael Orlando

  • FitPay’s Position in the Value Chain
  • Big Shifts and Trends in IoT
  • Industry Overview and Market Opportunity
  • Vision for FitPay over the Next 3 Years
  • Competitive Landscape for FitPay

Please see the featured video clips here.

About Executive Casts

Executive Casts is a business focused on delivering content and investor outreach options for public companies through online videos. Executive Casts consists of multiple videos, currently hosted exclusively at GeoInvesting.com, in which executives of small and micro-cap companies answer vital questions concerning growth drivers, business risks, and personal backgrounds. CEOs are also able to augment future press releases with video commentary, so you can expect to have upcoming news releases explained to you by an industry and company insider.

About GeoInvesting

GeoInvesting LLC, is a research boutique which specializes in microcap stock research and portfolio protection investigations for it members. Co-founder Maj Soueidan has been a full-time investor for nearly 30 years and often speaks at conferences to educate and increase awareness about the advantages of investing in smaller companies.

About NXT- ID, Inc. and Fit Pay, Inc.

NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, NXT-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio(R), a suite of biometric solutions that secure consumers’ mobile platforms, the Wocket(TM), a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.

NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems (“PERS”) sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.

Contacts:

Siegfried Eggert, Executive Casts Analyst and Strategic Consultant
Email: Siegfried.eggert@geoinvesting.com
Twitter: @SGEggert
(800) 891-1526

Maj Soueidan, Co-founder of GeoInvesting and CEO of Executive Casts
Email: maj@geoinvesting.com
Twitter: @majgeoinvesting
(610) 952-5349

SOURCE: GeoInvesting

ReleaseID: 475936

5-DAY DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Zebra Technologies Corporation and Reminds Investors with Losses to Contact the Firm

By Lundin Law PC

LOS ANGELES, CA / ACCESSWIRE / September 20, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Zebra Technologies Corporation (“Zebra Technologies” or the “Company”) (NASDAQ: ZBRA) for possible violations of federal securities laws from March 17, 2015 through May 9, 2016, inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares of Zebra Technologies during the Class Period should contact the firm prior to September 25, 2017, the lead plaintiff
motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet, and until a class is certified, you are not considered to be represented by an attorney. You may also choose to do nothing and be an absent class member.

The Complaint alleges that throughout the Class Period, Zebra Technologies issued materially false and/or misleading statements, and/or failed to disclose: that it understated its income taxes through the end of 2015, under accrued certain 2015 estimates, in particular with respect to its sales commission plan, and overstated the net realizable value of trade receivables acquired in connection with its acquisition of Motorola’s Enterprise division. Zebra Technologies also failed to reveal the impact of material weaknesses identified in its internal controls and procedures over financial reporting and disclosure, which caused the misstatements and rendered the Company’s financial guidance for 2015 and the first and second quarters of 2016 materially false and misleading.

On May 10, 2016, Zebra Technologies announced disappointing financial results for its first quarter of 2016, stating that “first quarter results [were] below…expectations, with lower sales and earnings reflecting the continuation of a cautious enterprise spending environment.” On the same day, the Company filed its quarterly report on Form 10-Q with the U.S. Securities & Exchange Commission for the first quarter of 2016, which confirmed that Zebra Technologies found defects in its internal controls in 2015 that had impaired its ability to accurately forecast its pretax income and deferred taxes. Upon this news, Zebra Technologies’ stock price fell materially, which caused investors harm according to the lawsuit.

Lundin Law PC was established by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 475939

DEADLINE APPROACHING: Lundin Law PC Announces Securities Class Action Lawsuit against TechnipFMC plc and Encourages Investors with Losses to Contact the Firm

By Lundin Law PC

LOS ANGELES, CA / ACCESSWIRE / September 20, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against TechnipFMC plc (“TechnipFMC” or the “Company”) (NYSE: FTI) for possible violations of federal securities laws from April 27, 2017 through July 24, 2017, inclusive (the “Class Period”). Investors who purchased or otherwise acquired TechnipFMC shares during the Class Period should contact the firm prior to October
2, 2017, the lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet, and until a class is certified, you are not considered to be represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, TechnipFMC made false and/or misleading statements, and/or failed to disclose that: the Company had a material weakness in its internal control over rates used in the calculations of the foreign currency effects on certain of its engineering and construction projects; that TechnipFMC lacked effective internal controls over financial reporting; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. Upon this information, shares of TechnipFMC decreased in value materially, which caused investors harm.

Lundin Law PC was founded by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may constitute Attorney Advertising in certain jurisdictions under the applicable law and ethics rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 475940

Defense Technologies International Corp. Announces Expansion of Terrorist Security Technology

Las Vegas, Nevada–(Newsfile Corp. – September 20, 2017) – Defense Technologies International Corp. (OTC Pink: DTII) announced today that the company, in addition to marketing in the U.S., is now expanding sales and marketing of its terrorist security technology from the United States to and throughout Canada.

The Company’s ‘Passive Security Scan’ is a unique “next generation” walk-through detector scanning unit. This patented and trademarked passive scanning system allows for detecting and identifying concealed threats such as guns, knives, etc.

Unlike other scanners the public is more familiar with, the Passive Security Scan does NOT use X-rays to detect threats.

“Presently, there are over 7,000,000 students enrolled in elementary, high school, and universities in Canada and the United States,” stated Defense Technologies International CEO Merrill W. Moses.

The company is now offering “distributor” opportunities for its security technology in all the Provinces and Territories of Canada from the Pacific Coast of British Columbia to the Atlantic Coast of Newfoundland and Labrador as well as the North of Canada.

Serious health concerns have been raised over the repeated exposure to X-rays from other scanning machines currently in use. The Passive Security Scan technology is based on the ‘Earth Magnetic Fields’ has no emission whatsoever and is therefore extremely safe and harmless to the person passing through our portal.

“We believe that our Passive Security Scan is the best solution for helping protect students and faculty members throughout Canada from harmful terrorist attacks,” added Moses.

Our Website: http://www.defensetechnologiesintl.com/

Video of the Passive Security Scan Portal: https://youtu.be/nypDRF2xhlA

Forward-Looking Statements
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Contact:
Defense Technologies International
Merrill W. Moses,
President & CEO
Phone: 800 520-9485

Email: dtii@defensetechnologiesintl.com

Lightning Ventures Moves Forward in Penetrating the Mexican Oil and Gas Sector

Lightning Ventures Moves Forward in Penetrating the Mexican Oil and Gas Sector

Vancouver, British Columbia (FSCwire) – Lightning Ventures Inc. (CSE: LVI) (Frankfurt: 1HM) (the “Company”) is pleased to announce that its wholly-owned subsidiary, Lightning Industries, has appointed Anastacio Lozano Marquez as its Vice President for Sales and Marketing for the territory of Mexico.

Mr. Marquez has completed several advanced degrees including an M.E.B., Master in European Business, ESCP Europe Campus Berlin (Germany) and an M.I.B., Master in International Business, EGADE Business School Monterrey (Mexico). Mr. Marquez also was awarded a B.S. in Mechanical Engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) (México).

Don Rainwater, CEO, commented: “Mr. Marquez’s outstanding education and deep connections in the Mexican oil and gas segment will greatly enhance Lightning Industries’ ability to expand operations in Mexico.”

According to Wikipedia: “The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States, Canada and Venezuela. [1] Mexico is not a member of the OPEC (the Organization of Petroleum Exporting Countries) or any petroleum production related organizations, but since 1994 it is a member of the North American Free Trade Agreement.”

About Lightning Ventures

Lightning Ventures Inc. (CSE: LVI) (Frankfurt: 1HM) is an oil and gas industrial services company. It operates a specialty manufacturing business based in Hobbs, New Mexico through its subsidiary Lightning Industries, Inc., which provides products to enhance efficiency and increase the production of oil and gas wells.

Further information about Lightning Ventures is available under its profile on the SEDAR website www.sedar.com and at www.lightningind.com.

For further information on the Company, please contact:

Donald Rainwater

Chief Executive Officer

Lightning Ventures Inc.

Telephone: 210-535-5700

Email: don@rainwater-investments.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any intention or obligation to revise or update such statements.

To view this press release as a PDF file, click onto the following link:

Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2017 Filing Services Canada Inc.

IIROC Trade Halt – dynaCERT Inc.

Vancouver, British Columbia–(Newsfile Corp. – September 20, 2017) – The following issues have been halted by IIROC:

Company:

dynaCERT Inc.

TSX-V Symbol:

DYA

Reason:

At the Request of the Company Pending News

Halt Time (ET)

12:25

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

Thomas J. Butler Named an Associate Regional Director for Examinations in New York Regional Office

Washington D.C.–(Newsfile Corp. – September 20, 2017) – The Securities and Exchange Commission today announced that Thomas J. Butler has been named an Associate Regional Director for the Investment Adviser and Investment Company examination program in the agency’s New York Regional Office. Mr. Butler is leaving his current position as Director of the SEC’s Office of Credit Ratings (OCR), a position he has held since June 2012.

“I am delighted to welcome Tom to the team,” said Pete Driscoll, Acting Director of the Office of Compliance Inspections and Examinations. “The New York region is responsible for more than 2,800 registered investment advisers with more than $18 trillion in assets under management and over 200 investment company complexes. Tom’s significant industry experience and leadership prior to and at the SEC will be invaluable to the experienced and dedicated staff in the New York examination program.”

Prior to his 2012 appointment as the inaugural Director of OCR, Mr. Butler was a Managing Director at Morgan Stanley Smith Barney and Citigroup, held senior financial advisory and structuring roles at UBS and Babcock & Brown, and worked at two major law firms. Mr. Butler received his undergraduate degree from Rutgers College and his law degree from Rutgers School of Law at Newark.

Jessica Kane, Director of the SEC’s Office of Municipal Securities (OMS), has been appointed to serve as Acting Director of OCR on an interim basis following Mr. Butler’s departure. In turn, Rebecca Olsen, Deputy Director of OMS, will serve as Acting Director of that office while Ms. Kane is assigned to OCR.