GE SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Commencement of a Class Action Involving General Electric Company and a Lead Plaintiff Deadline of January 2, 2018

NEW YORK, Nov. 20, 2017 (GLOBE NEWSWIRE) — The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased General Electric Company (“GE”) (NASDAQ:GE) securities between July 21, 2017 and October 20, 2017.

Click here to learn about the case: http://www.wongesq.com/pslra-sb/general-electric-company?wire=3. There is no cost or obligation to you.

According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (i) the Company’s various operating segments, including its Power segment, were underperforming Company projections, with order drops, excess inventories and increased costs; (ii) in turn, the Company overstated GE’s full year 2017 guidance; and (iii) as a result of the foregoing, General Electric’s public statements were materially false and misleading at all relevant times.

October 20, 2017, the Company disclosed quarterly results for the third quarter 2017, disclosing earnings per share (“EPS”) of $0.29, falling below estimates of $0.49 per share. The Company also lowered 2017 earnings expectations, lowering EPS to $1.05- $1.10 from $1.60-$1.70. On a conference call to discuss its financial results, CEO John Flannery stated that the Company had been completing a review of its operations and that, “While the company has many areas of strength, it’s also clear from our current results that we need to make some major changes with urgency and a depth of purpose. Our results are unacceptable, to say the least.”

If you suffered a loss in GE you have until January 2, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sb/general-electric-company?wire=3.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880

E-Mail: vw@wongesq.com

Turkey Chase – Montgomery County’s Largest Race Celebrates Its 35th Anniversary

BETHESDA-CHEVY CHASE, Md., Nov. 20, 2017 (GLOBE NEWSWIRE) — The YMCA Bethesda-Chevy Chase in partnership with the Bethesda-Chevy Chase Rotary Club celebrates the 35th Anniversary of Turkey Chase, which is an annual race to benefit YMCA Youth & Family Services and YMCA Bethesda-Chevy Chase financial assistance and scholarship programs, and the Bethesda-Chevy Chase Rotary Club Foundation.  Turkey Chase is Montgomery County’s largest race, with over 9,000 participants and several thousand spectators.

A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2aca4786-5296-4a9b-90ea-08be24f85ab3

For the past five years, County Executive Ike Leggett and his wife Catherine Leggett, along with Somerset, Maryland Mayor Jeffery Slavin, have served as Grand Marshals.  “For 35 years, the proceeds from Turkey Chase have provided a great deal of resources to support critical programs and services,” said Montgomery County Executive, Ike Leggett.  “The YMCA of Bethesda-Chevy Chase and The Bethesda-Chevy Chase Rotary Club do great work in the Bethesda community, and have made a positive impact in the lives of so many.  We thank you in advance for your participation and sponsorship that helps these organizations provide support to those in need,” said Mr. Leggett.    

Since 1982, thousands of individuals and families from around the world have descended upon Bethesda on Thanksgiving morning for this historic race.  “For 35 years, the goal of Turkey Chase has been to support the ideals of community service shared by the Rotary and YMCA, two of the oldest and most respected service organizations in the world,” said Carla Larrick, Vice President of Operations for the YMCA of Metropolitan Washington.  “Both organizations have a rich history of providing critical support to at-risk youth and families throughout lower Montgomery County, and supporting programs and services that promote youth development, healthy living and social responsibility,” said Mrs. Larrick.

“Our members work to help those in need and make a difference in the lives of our neighbors and community members.  The Bethesda-Chevy Chase Rotary has a rich history of more than 85 years helping great organizations all over Montgomery County, the United States, and the world,” said Alexander G. Assaley, III, President of the Bethesda-Chevy Chase Rotary Club. 

For over 35 years, Turkey Chase corporate sponsors have been critical to the success and support of this most worthwhile event.  This year, Whole Foods is the event’s Title Sponsor.  “We feel strongly that our mission and values at Whole Foods align with that of the Bethesda-Chevy Chase YMCA and Rotary Club.  And we are excited that lots of money goes towards worthwhile charities.  It is for these reasons that Whole Foods Market is a proud sponsor of the 35th Annual Turkey Chase,” said Carrie Coonin, Metro Marketing for Whole Foods. 

The event’s popularity, long history and the programs it benefits, make it a perfect fit for those seeking opportunities to give back to the local community.  We recognize that corporate philanthropy should serve two purposes – support issues and causes that are in alignment with the sponsor’s corporate giving philosophy; and provide opportunities to enhance corporate brand exposure.  For details on the race, please visit www.turkeychase.com.

About YMCA of Metropolitan Washington
The YMCA of Metropolitan Washington is a non-profit charity organization that has been serving the communities and families of Washington, D.C., Maryland and Virginia in the areas of youth development, healthy living and social responsibility, for nearly 165 years. Through opportunities in wellness, aquatics, youth sports, summer camps, childcare and more, the Y engages more than 250,000 individuals and families. Visit www.ymcadc.org for more information.

The Bethesda-Chevy Chase Rotary Club
The Bethesda-Chevy Chase Rotary Club is a service organization comprised of distinguished men and women that want to make a difference.  For over 85 years Club members have poured their passion, integrity, and intelligence into projects that have a lasting impact.  Rotary promotes strong ethics, fellowship, leadership, and community service.  Our Club’s Foundation supports numerous non-profit organizations and causes in the community, as well as internationally. Through Rotary, we are Making a Difference in the world.  Visit www.bccrotary.org for more information.

Contact:
Dana Rucker
Director of Communications
202-868-3004
Dana.Rucker@ymcadc.org

Genius Brands International Signs Multiple Content Sales Deals for Its Children’s Programming, Thomas Edison’s Secret Lab and SpacePOP

BEVERLY HILLS, Calif., Nov. 20, 2017 (GLOBE NEWSWIRE) — Genius Brands International, Inc. “Genius Brands” (NASDAQ:GNUS), a leading media company that creates, produces and licenses children’s multimedia entertainment content and products for global broadcast, digital and retail distribution, expands the reach of its children’s series worldwide with multiple new content licensing agreements signed with Da Vinci Learning, Azoomee and the American Forces Network. The deals follow Genius Brands robust presence at the global content market, MIPJunior/MIPCOM, in Cannes, France where the company exhibited and initiated dialogue with a broad range of international networks and digital platforms to license its programs.

Genius Brands International's Thomas Edison's Secret Lab
Genius Brands International’s (NASDAQ:GNUS) animated children’s series, Thomas Edison’s Secret Lab, is filled with fun, comedy, exploration and adventure to show kids how fun science can be, encouraging them to explore the limits of their imaginations.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a8e73664-9ad0-4a0c-865c-a0e726763f58

Da Vinci Learning, the Berlin-based educational channel for kids and families, has licensed the pay TV rights across Asia for the STEM-based comedy, adventure series, Thomas Edison’s Secret Lab (26 x 30’). The new online platform designed for primary school children, Azoomee, has also licensed, non-exclusively, short-form content for SpacePOP (108 x 3.5’) and music videos for Thomas Edison’s Secret Lab (52 x 1.5’) in the U.K. Additionally, the American Forces Network, which provides television content to American military personnel stationed at bases overseas, as well as U.S. Department of Defense and other U.S. Government facilities (including U.S. Navy ships at sea) has picked up the rights to Thomas Edison’s Secret Lab, as well as the music-driven adventure series for tween girls, SpacePOP (108 x 3.5’).

In making today’s announcement, Genius Brands’ Head of Worldwide Content Distribution and Sales Deb Pierson said, “Broadcasters the world over are committed to providing entertaining, informative and engaging content for their youngest viewers, and we at Genius Brands have a broad spectrum of programming that has proven its appeal around the globe.  We are thrilled to work with Da Vinci Learning, Azoomee and the American Forces Network to bring our ‘content with a purpose’ to the families and young audiences in their respective regions.” 

Thomas Edison’s Secret Lab series is filled with fun, comedy, exploration and adventure to show kids how fun science can be, encouraging them to explore the limits of their imaginations. Emmy-nominated writer Steve Banks (SpongeBob Square Pants) wrote the pilot episode; Grant Moran (Word Girl, New Adventures of the Magic School Bus) and Betsy McGowan (Senior VP Kids’ WB!, co-creator Camp Lakebottom) are co-story editors; Emmy Award-winning Michael Maliani (Madeline, Where on Earth is Carmen Sandiego) serves as co-producer and director; Kevin O’Donnell is the series co-creator; and Emmy Award-winning Mark Young (All Dogs Go to Heaven 2, Tutenstein) serves as co-producer.  An academic team led by Professor Emeritus Don Roberts of Stanford University, and Dorothy Singer of Yale, have overseen the development, as well as the episodic content to ensure it meets E/I (educational and informational) standards.

The SpacePOP animated series features over 100 short-form episodes and original music videos, which, since debuting on YouTube last year, have garnered over 17 million channel views, 60,000+ subscribers and approximately 320,000 hours of viewed programming.  In this empowering, entertainment and adventurous series, original music is woven into a narrative that follows five teenage princesses who disguise themselves as musicians and form a band while they secretly plot to vanquish an evil Empress who is seeking to enslave the galaxy. In addition to YouTube, SpacePOP content is currently available in the U.S. on digital platforms, including Toon Goggles, PopJam, BatteryPOP and the Kid Genius Cartoon Channel on Comcast’s Xfinity on Demand platform, as well as on OTT platforms, including Amazon, Apple, Roku, and more, bringing the combined audience reach to nearly 50 million households.  And, SpacePOP music from Sony Music’s Legacy label is available on iTunes.

About Genius Brands International
Headquartered in Beverly Hills, California, Genius Brands International, Inc. (GNUS) is a leading global media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media distribution and retail channels. Led by award-winning creators and producers, Genius Brands distributes its content worldwide in all formats, as well as a broad range of consumer products based on its characters. In the children’s media sector, its portfolio of “content with a purpose” includes new preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix; tween music-driven, YouTube brand SpacePOP; award-winning toddler brand Baby Genius; adventure comedy series Thomas Edison’s Secret Lab, and Warren Buffett’s Secret Millionaires Club, created with and starring iconic investor Warren Buffett. The Company is also co-producing an all-new adult animated series, Stan Lee’s Cosmic Crusaders, with Stan Lee’s Pow! Entertainment and The Hollywood Reporter. Genius Brands’ Kid Genius Cartoon Channel is currently available in approximately 60 million households via Comcast and OTT platforms and Kid Genius Cartoons Plus!, which is now available to Amazon Prime subscribers. For additional information please visit www.gnusbrands.com.

Forward-Looking Statements:
Forward-Looking Statements: Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015, under the heading “Risk Factors,” and other filings with the Securities and Exchange Commission (the “SEC”), not limited to risk factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

MEDIA CONTACT:       
Michelle Orsi, Three.Sixty Marketing & Communications
310.418..6430; michelle@360-comm.com

INVESTOR RELATIONS CONTACT:  
Michael Porter, PLR Investor Relations
212.564.7000; mike@plrinvest.com