PI Engineering joins PTZOptics on a Facebook Live exclusive stream to display a new line of vMix compatible control surfaces

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“The new X-keys USB control interfaces are changing what professional live streamers can do on a budget,” says Richards. “Our exclusive Facebook Live show has been very well received and Facebook Live reactions have really improved our Facebook engagement. We are excited to host X-keys on our Facebook Live show and sponsor our weekly live giveaway.”Dan Slider, Director of Marketing, P. I. Engineering, joins Paul Richards, Chief Streaming Officer at PTZOptics for a Facebook Live exclusive stream. The live stream will combine the latest Facebook Live reaction integrations, with a vMix video production and a live giveaway from X-keys. PTZOptics live streams every Monday exclusively to Facebook where viewers join in from around the world.

Philadelphia, PA – Dan Slider, Director of Marketing, P. I. Engineering, joins Paul Richards, Chief Streaming Officer at PTZOptics for a Facebook Live exclusive stream. The live stream will combine the latest Facebook Live reaction integrations, with a vMix video production and a live giveaway from X-keys. PTZOptics live streams every Monday exclusively to Facebook where viewers join in from around the world.

“The new X-keys USB control interfaces are changing what professional live streamers can do on a budget,” says Richards. “Our exclusive Facebook Live show has been very well received and Facebook Live reactions have really improved our Facebook engagement. We are excited to host X-keys on our Facebook Live show and sponsor our weekly live giveaway.”

Richards interviewed Michael Hetherington, President, P. I. Engineering, from XKeys on YouTube Live on Friday January 17th, 2017. The interview reviews X-keys USB computer input devices for live streaming and video production. Now supported in vMix, the X-keys USB Switch Interface and Orby™ buttons can trigger any action for video producers during a live stream. The new X-keys XKE-124 T-bar was also on display with full integration in vMix 18.


Video Link: https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2Fptzoptics%2Fvideos%2F1365546873515802%2F&show_text=0&width=400

View the live or recorded stream embedded above available on or after Monday, January 30th, 2017 at 11AM PST / 2PM EST.

Enter to win a X-keys XK-24 controller here: http://ptzoptics.com/xkeys/

Company: PTZOptics

RSS Feed: http://blog.ptzoptics.com/feed/

Website: http://ptzoptics.com

Contact: Paul Richards

Email: Sales@ptzoptics.com

Phone: 1 800 486-5276

Media Contact
Company Name: PTZ Optics
Contact Person: Paul Richards
Email: Send Email
Phone: 1 800 486-5276
Address:152 Robbins Rd
City: Downingtown
State: PA
Country: United States
Website: http://ptzoptics.com

Source: www.abnewswire.com

Budweiser’s Miesha Tate to Host Vegas’ Sexiest Big Game Football Party at Sapphire Las Vegas, “World’s Largest Gentlemen’s Club,” February 5th 2017

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Sapphire Big Game Party is an event you must experience, and this year Sapphire Gentlemen’s Club is excited to announce that former MMA Bantamweight Champion Miesha “Cupcake” Tate will host the Big Game Party!

Ready for some Football? How about some beautiful women as well? If that’s the case, Sapphire, The World’s Largest Gentlemen’s Club, offers both, continuing their Big Game Football Party tradition. There are a lot of big game parties in Vegas but this is the one not to be missed.

Sapphire Gentlemen’s Club is excited to announce that former MMA Bantamweight Champion Miesha “Cupcake” Tate will host the Big Game Party! Miesha Tate will mingle with the crowd during the game and will be available for photos and autographs. Miesha Tate is proudly sponsored by Budweiser and as such, Sapphire will be offering buckets of Budweiser throughout the game.

“Sapphire Big Game Party is an event you must experience,” says Marketing Director Shai Cohen. “Sapphire Big Game Party has always been a winning tradition with locals and tourists alike. We had over 1500 in attendance last year and this year is shaping up to be even bigger.” adds Cohen. “There will be drink specials, a fabulous tailgate-style buffet provided by the fantastic Sapphire Grill, $1 halftime dollar dances from hundreds of Sapphire ‘cheerleaders’ and endless raffles and prizes. Now that’s fantasy football,” adds Cohen.

Sapphire offers several “pre-event” value packages for the big game:

Big Game GA Main Floor Table – $75 per Guest

  • Complimentary Transportation to Sapphire
  • Front of Line Admission
  • 1 GA Big Game Entry
  • Main Floor Seating
  • Huge HD Screen Viewing & Digital Audio
  • Tailgate Buffet
  • Raffles & Prizes
  • $1 Dances at Halftime

Touchdown Table with Bottle on Main Floor – $650 per 5 Guests                                        
($130 each based on 5 Guests)

  • Complimentary Transportation to Sapphire
  • Front of Line Admission
  • 5 GA Big Game Entries
  • Reserved Main Floor VIP Table
  • 1 bottle of Vodka with Mixers & Red Bull
  • Budweiser Buckets of Beer Available as Add On
  • Huge HD Screen Viewing & Digital Audio
  • Tailgate Buffet
  • Raffles & Prizes
  • $1 Dances at Halftime

Big Game VIP in Showroom or Main Floor Booth – $150 per guest

  • Complimentary Transportation to Sapphire
  • Front of Line Admission
  • 1 VIP Big Game Entry
  • Showroom Seating or Main Floor Booth
  • Huge HD Screen Viewing & Digital Audio
  • Lavish Upscale Showroom Tailgate Buffet
  • Upscale Raffles & Prizes
  • $1 Dances at Halftime

Exclusive VIP Showroom Table with Premium Bottle – $1,075 per 5 Guests        
($215 each based on 5 guests)

  • Complimentary Transportation to Sapphire
  • Front of Line Admission
  • 5 Showroom VIP Big Game Entries
  • Reserved Showroom VIP Table
  • 1 Premium Bottle with Mixers & Red Bull
  • Budweiser Buckets of Beer Available as Add On
  • Huge HD Screen Viewing & Digital Audio
  • Lavish Upscale Showroom Tailgate Buffet
  • Upscale Raffles & Prizes
  • $1 Dances at Halftime

Skybox Open Bar Party – $275 per Guest (Minimum 8 – 10 Guests)

  • Complimentary Transportation to Sapphire
  • Front of Line Admission
  • 1 VIP Big Game Entry
  • VIP Private Skybox Seating
  • Open Bar Throughout the Big Game
  • Lavish Upscale VIP Tailgate Buffet
  • Upscale Raffles & Prizes
  • $1 Dances at Halftime

Sapphire, located at 3025 Sammy Davis Junior Drive in Las Vegas, is the World’s Largest Gentlemen’s Club with 70,000 square feet of topless entertainment. (That’s 12,400 more square feet than an actual football field). Get off the bench and get to the club early or reserve a table today. Open 24/7 to patrons 21 and over, Sapphire serves the finest variety of cocktails, wines, champagne and cigars to enhance your game day experience.

Buy tickets now to secure a VIP seat for the Big Game! For reservations call 702.869.0003. And for special offers and updates follow Sapphire LV on Twitter @sapphirelv.

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Event, Wedding and Meeting Industry Professionals Connect and Collaborate at Chicago Speed Networking Event

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Event, Wedding and Meeting Industry Professionals Connect and Collaborate at Chicago Speed Networking Event

Chicago, IL, January 28, 2017 –(PR.com)– Event Pros Unplugged is unlike any other networking event. It is a speed networking event created for professional planners and suppliers in the events, wedding, meeting management, convention & hospitality industries. Latoya Shanell, CMP of L’ Shanell Events says, “By meeting with new participants for 5 minutes at every networking round, participants can extend their network and meet more authentic contacts in one hour than they would in six months.”

The speed networking event will take place on Thursday, February 2, 2017 from 6:00 pm until 9:00 pm at Highline Bar + Lounge (169 W. Kinzie St. Chicago). The event will begin with a cocktail reception, which will include complimentary heavy hors’ oeuvres followed by a one-hour speed networking segment and flash 5-minute educational presentations.

Event Pros Unplugged will offer a great opportunity to build relationships with peers, businesses, and career professionals looking to share advice and resources to help you achieve your career goals. To register or acquire more information, visit www.eventprosunplugged.com.

About L’ Shanell Events
L’ Shanell Events creates celebratory experiences and first-class business branding events in a professional and fun collaboration with clients. In addition to planning and managing creative events for clients, L’ Shanell Events has hosted a variety of fashion productions, networking events and workshops since 2008. A client’s vision or message is presented in a way that exceeds their initial thinking and expectations, which is what L’ Shanell Events always strive for…to blow your mind and have you saying “Wow, that was the best event I have ever attended.”

Eldon Riggs Hugie, Esq. Recognized as a Professional of the Year by Strathmore’s Who’s Who Worldwide Publication

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Eldon Riggs Hugie, Esq. Recognized as a Professional of the Year by Strathmore’s Who’s Who Worldwide Publication

Eldon Riggs Hugie, Esq. Recognized as a Professional of the Year by Strathmore's Who's Who Worldwide Publication

Bakersfield, CA, January 28, 2017 –(PR.com)– Eldon Riggs Hugie, Esq. of Bakersfield, California has been recognized as a Professional of the Year for 2017 by Strathmore’s Who’s Who Worldwide Edition for his outstanding achievements and high level of success in the fields of law, taxes and business.

About Eldon Riggs Hugie, Esq.
Mr. Hugie is an Attorney-CPA with over 40 years’ experience in legal, tax and business pursuits. His practice includes taxes, real estate, estate planning, oil and corporate law. Currently, he serves as Chairman of an Oklahoma oil company, CFO of an internet company, and officer/director in several family-owned investment companies. Mr. Hugie is “AV” rated in the Bar Registry of Preeminent Lawyers of America by Martindale-Hubbell. He is a Member of the State Bars of California, Utah and Oregon, the A.B.A and the A.I.C.P.A. He was recently recognized in Times Square, New York City on the Reuter’s billboard.

Previously, Mr. Hugie served as a Captain (Intelligence) in the U.S. Air Force, and on the Board of Directors of the Boalt Law School Alumni Association. His experience includes being principal owner, executive and legal counsel of corporations involving: operation of cattle ranches and feedlots (over 100,000 head) in California, Texas and Australia; 4,000 acre farming operation in California; major California hotels; 2,500 acre recreational property on Rogue River in Oregon; 400,000 acre hunting/recreational retreat in British Columbia; recreational development in Bora Bora, Tahiti; business projects in Libya, Saudi Arabia, Switzerland and South America.

Mr. Hugie obtained a B.S. degree from Utah State University and a J.D. at the University of California at Berkeley. In his spare time he enjoys church leadership positions, fishing the rivers of Alaska, is an avid reader of history, and loves to spend time with his family which includes 5 children and 22 grandchildren.

About Strathmore’s Who’s Who Worldwide
Strathmore’s Who’s Who Worldwide is an international advertising, networking and publishing company based in Farmingdale, New York. They are proud to be able to satisfy their clients and continue to have repeat clientele due to their longevity and pride in their products and services. The Owners strive to connect business professionals to enhance their contact base and networking capabilities so they can get the acknowledgment and publicity within their industries and beyond. The Strathmore family has been providing these valuable services for over two decades. They target executives and professionals in all industries to be featured in their publication and on-line directory. Industries include business, law, education, healthcare and medicine, fine arts, IT, government, science, real estate, entertainment and many more accomplished fields. Professional profiles are listed in an annual hardcover journal and in a detailed, searchable database on the website www.strww.com.

Eldon Riggs Hugie, Esq. Recognized as a Professional of the Year by Strathmore’s Who’s Who Worldwide Publication

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Bakersfield, CA, January 28, 2017 –(PR.com)– Eldon Riggs Hugie, Esq. of Bakersfield, California has been recognized as a Professional of the Year for 2017 by Strathmore’s Who’s Who Worldwide Edition for his outstanding achievements and high level of success in the fields of law, taxes and business.

About Eldon Riggs Hugie, Esq.
Mr. Hugie is an Attorney-CPA with over 40 years’ experience in legal, tax and business pursuits. His practice includes taxes, real estate, estate planning, oil and corporate law. Currently, he serves as Chairman of an Oklahoma oil company, CFO of an internet company, and officer/director in several family-owned investment companies. Mr. Hugie is “AV” rated in the Bar Registry of Preeminent Lawyers of America by Martindale-Hubbell. He is a Member of the State Bars of California, Utah and Oregon, the A.B.A and the A.I.C.P.A. He was recently recognized in Times Square, New York City on the Reuter’s billboard.

Previously, Mr. Hugie served as a Captain (Intelligence) in the U.S. Air Force, and on the Board of Directors of the Boalt Law School Alumni Association. His experience includes being principal owner, executive and legal counsel of corporations involving: operation of cattle ranches and feedlots (over 100,000 head) in California, Texas and Australia; 4,000 acre farming operation in California; major California hotels; 2,500 acre recreational property on Rogue River in Oregon; 400,000 acre hunting/recreational retreat in British Columbia; recreational development in Bora Bora, Tahiti; business projects in Libya, Saudi Arabia, Switzerland and South America.

Mr. Hugie obtained a B.S. degree from Utah State University and a J.D. at the University of California at Berkeley. In his spare time he enjoys church leadership positions, fishing the rivers of Alaska, is an avid reader of history, and loves to spend time with his family which includes 5 children and 22 grandchildren.

About Strathmore’s Who’s Who Worldwide
Strathmore’s Who’s Who Worldwide is an international advertising, networking and publishing company based in Farmingdale, New York. They are proud to be able to satisfy their clients and continue to have repeat clientele due to their longevity and pride in their products and services. The Owners strive to connect business professionals to enhance their contact base and networking capabilities so they can get the acknowledgment and publicity within their industries and beyond. The Strathmore family has been providing these valuable services for over two decades. They target executives and professionals in all industries to be featured in their publication and on-line directory. Industries include business, law, education, healthcare and medicine, fine arts, IT, government, science, real estate, entertainment and many more accomplished fields. Professional profiles are listed in an annual hardcover journal and in a detailed, searchable database on the website www.strww.com.

Contact Information:
Strathmore Worldwide
Susan Perrault
516-677-9696
Contact via Email
www.strathmoreworldwide.com
Syndi Reibman

Read the full story here: http://www.pr.com/press-release/703055

Press Release Distributed by PR.com

Marcus Hiles – Provides Fully Paid Private Healthcare to All Western Rim Employees

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DALLAS, Jan. 27, 2017 /PRNewswire/ — Recognizing the importance of safety net in the time of economic uncertainties, Marcus Hiles and his company Western Rim Property Services offer medical benefits to staff members at no cost. With Republican President Donald Trump’s proposed prioritization of policy changes, Western Rim Property Services is leading the way in business ethics and conscientious responsibility. As the healthcare industry in the United States continues to develop, company subsidized wellness benefits form an integral cornerstone of compensation packages in the labor market.

Although the Affordable Care Act requires most businesses to support medical coverage, the number of companies that offer to pay 100% of premiums has decreased since 2001. The emphasis on benefits by Western Rim Property Services is an ambitious and concerted effort to prioritize preventive medicine in the United States.

Western Rim Property Services offer a competitive and comprehensive benefit package to full-time staff that includes medical insurance, dental insurance, and life insurance. Further benefits include paid vacation, holiday, sick days, profit participation, retirement contribution accounts, and tuition reimbursement.

Marcus Hiles, Founder of Western Rim Property Services, believes that wellness is important to American job seekers and their families. By providing 100% company paid benefits to its staff members, Western Rim Property Services positions itself as an outstanding model of ethical leadership in business. This value-based decision making is reflected in the quality of services offered to both customers and employees.

As a philanthropist, volunteer, and real estate expert, Marcus Hiles raises the bar for citizenship and entrepreneurship. His commitment to service stretches beyond his extraordinary success in real estate development as the Chairman and CEO of Western Rim Property Services. His dedication to family and community is exemplified by contributing over $2.5 million to K-12 school programs — including hundreds of brand new Dell computers donated this year to inner city youth. As the son of a humble minister, his charity includes 59 personal acres of land gifted to the public for parks and environmental conservation and the construction of two churches.

Marcus Hiles – Chairman & CEO of Western Rim Property Services: http://www.MarcusHiles-News.com

MarcusHilestx (Marcus Hiles) – DeviantArt: http://marcushilestx.deviantart.com

Marcus Hiles (@marcus_hiles) – Twitter: https://twitter.com/marcus_hiles

Marcus Hiles – New Luxury Apartments in Frisco, TX – YouTube: https://www.youtube.com/watch?v=dmsJNbfOh-g

 

SOURCE Marcus Hiles

Marcus Hiles – Provides Fully Paid Private Healthcare to All Western Rim Employees

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DALLAS, Jan. 27, 2017 /PRNewswire/ — Recognizing the importance of safety net in the time of economic uncertainties, Marcus Hiles and his company Western Rim Property Services offer medical benefits to staff members at no cost. With Republican President Donald Trump’s proposed prioritization of policy changes, Western Rim Property Services is leading the way in business ethics and conscientious responsibility. As the healthcare industry in the United States continues to develop, company subsidized wellness benefits form an integral cornerstone of compensation packages in the labor market.

Although the Affordable Care Act requires most businesses to support medical coverage, the number of companies that offer to pay 100% of premiums has decreased since 2001. The emphasis on benefits by Western Rim Property Services is an ambitious and concerted effort to prioritize preventive medicine in the United States.

Western Rim Property Services offer a competitive and comprehensive benefit package to full-time staff that includes medical insurance, dental insurance, and life insurance. Further benefits include paid vacation, holiday, sick days, profit participation, retirement contribution accounts, and tuition reimbursement.

Marcus Hiles, Founder of Western Rim Property Services, believes that wellness is important to American job seekers and their families. By providing 100% company paid benefits to its staff members, Western Rim Property Services positions itself as an outstanding model of ethical leadership in business. This value-based decision making is reflected in the quality of services offered to both customers and employees.

As a philanthropist, volunteer, and real estate expert, Marcus Hiles raises the bar for citizenship and entrepreneurship. His commitment to service stretches beyond his extraordinary success in real estate development as the Chairman and CEO of Western Rim Property Services. His dedication to family and community is exemplified by contributing over $2.5 million to K-12 school programs — including hundreds of brand new Dell computers donated this year to inner city youth. As the son of a humble minister, his charity includes 59 personal acres of land gifted to the public for parks and environmental conservation and the construction of two churches.

Marcus Hiles – Chairman & CEO of Western Rim Property Services: http://www.MarcusHiles-News.com

MarcusHilestx (Marcus Hiles) – DeviantArt: http://marcushilestx.deviantart.com

Marcus Hiles (@marcus_hiles) – Twitter: https://twitter.com/marcus_hiles

Marcus Hiles – New Luxury Apartments in Frisco, TX – YouTube: https://www.youtube.com/watch?v=dmsJNbfOh-g

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/marcus-hiles—provides-fully-paid-private-healthcare-to-all-western-rim-employees-300398406.html

SOURCE Marcus Hiles

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in General Cable Corporation of Class Action Lawsuit and Upcoming Deadline – BGC

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NEW YORK, NY / ACCESSWIRE / January 27, 2017 / Pomerantz LLP announces that a class action lawsuit has been filed against General Cable Corporation (“General Cable” or the “Company”) (NYSE: BGC) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 17-cv-00092, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired General Cable securities between February 23, 2012 and February 10, 2016, both dates inclusive (the “Class Period”), seeking to recover compensable damages caused by defendants’ violations of the Securities Exchange Act of 1934.

If you are a shareholder who purchased General Cable securities during the Class Period, you have until March 6, 2017 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

[Click here to join this class action]

General Cable is a global leader in the development, design, manufacture, marketing, and distribution of copper, aluminum, and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company additionally engages in the design, integration, and installation on a turn-key basis for products such as high and extra-high voltage terrestrial and submarine systems.

The Complaint 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 made false and/or misleading statements and/or failed to disclose that: (i) General Cable paid millions of dollars in bribes to government officials in foreign countries, including Angola, Bangladesh, China, Egypt, Indonesia, India, and Thailand, in order to secure business; (ii) the foregoing conduct was in violation of the Foreign Corrupt Practices Act of 1997 (the “FCPA”); (iii) General Cable’s revenues were therefore in part the product of illegal conduct, and, as such, subject to disgorgement and unlikely to be sustainable; (iv) the foregoing conduct, when it became known, would subject the Company to significant regulatory scrutiny and financial penalties; and (v) as a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.

On September 22, 2014, General Cable disclosed that the Company was reviewing “payment practices,” “the use of agents,” and “the manner in which the payments were reflected on our books and records” in connection with General Cable’s operations in Portugal, Angola, Thailand, and India. General Cable advised investors that these issues “may have implications under” the Foreign Corrupt Practices Act.

On this news, General Cable stock fell $0.93, or 4.68%, to close at $18.96 on September 22, 2014.

On February 26, 2015, General Cable announced that in connection with a possible settlement of FCPA offenses, the Company expected to disgorge $24 million in profits from bribe-tainted sales in Angola.

On February 10, 2016, post-market, General Cable reported that the Company had increased its disgorgement accrual for the potential FCPA settlement by $9 million to $33 million, after identifying “certain other transactions that may raise concerns.”

On this news, General Cable’s share price fell $3.05, or 31.61%, to close at $6.60 on February 11, 2016.

On December 29, 2016, The Wall Street Journal reported that General Cable had entered into a non-prosecution agreement with the U.S. Department of Justice, in which the Company “agreed to pay $75.8 million to settle allegations it paid bribes across Africa and Asia and . . . agreed to an additional $6.5 million penalty to settle accounting-related violations.” The article further stated that the Company’s subsidiaries, “over a period of a dozen years, paid about $13 million to third-party agents and distributors,” who in turn “paid bribes to government officials in Angola, Bangladesh, China, Indonesia, and Thailand to get business in violation of the Foreign Corrupt Practices Act.”

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in General Cable Corporation of Class Action Lawsuit and Upcoming Deadline – BGC

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NEW YORK, NY / ACCESSWIRE / January 27, 2017 / Pomerantz LLP announces that a class action lawsuit has been filed against General Cable Corporation (“General Cable” or the “Company”) (NYSE: BGC) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 17-cv-00092, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired General Cable securities between February 23, 2012 and February 10, 2016, both dates inclusive (the “Class Period”), seeking to recover compensable damages caused by defendants’ violations of the Securities Exchange Act of 1934.

If you are a shareholder who purchased General Cable securities during the Class Period, you have until March 6, 2017 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased.

[Click here to join this class action]

General Cable is a global leader in the development, design, manufacture, marketing, and distribution of copper, aluminum, and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company additionally engages in the design, integration, and installation on a turn-key basis for products such as high and extra-high voltage terrestrial and submarine systems.

The Complaint 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 made false and/or misleading statements and/or failed to disclose that: (i) General Cable paid millions of dollars in bribes to government officials in foreign countries, including Angola, Bangladesh, China, Egypt, Indonesia, India, and Thailand, in order to secure business; (ii) the foregoing conduct was in violation of the Foreign Corrupt Practices Act of 1997 (the “FCPA”); (iii) General Cable’s revenues were therefore in part the product of illegal conduct, and, as such, subject to disgorgement and unlikely to be sustainable; (iv) the foregoing conduct, when it became known, would subject the Company to significant regulatory scrutiny and financial penalties; and (v) as a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.

On September 22, 2014, General Cable disclosed that the Company was reviewing “payment practices,” “the use of agents,” and “the manner in which the payments were reflected on our books and records” in connection with General Cable’s operations in Portugal, Angola, Thailand, and India. General Cable advised investors that these issues “may have implications under” the Foreign Corrupt Practices Act.

On this news, General Cable stock fell $0.93, or 4.68%, to close at $18.96 on September 22, 2014.

On February 26, 2015, General Cable announced that in connection with a possible settlement of FCPA offenses, the Company expected to disgorge $24 million in profits from bribe-tainted sales in Angola.

On February 10, 2016, post-market, General Cable reported that the Company had increased its disgorgement accrual for the potential FCPA settlement by $9 million to $33 million, after identifying “certain other transactions that may raise concerns.”

On this news, General Cable’s share price fell $3.05, or 31.61%, to close at $6.60 on February 11, 2016.

On December 29, 2016, The Wall Street Journal reported that General Cable had entered into a non-prosecution agreement with the U.S. Department of Justice, in which the Company “agreed to pay $75.8 million to settle allegations it paid bribes across Africa and Asia and . . . agreed to an additional $6.5 million penalty to settle accounting-related violations.” The article further stated that the Company’s subsidiaries, “over a period of a dozen years, paid about $13 million to third-party agents and distributors,” who in turn “paid bribes to government officials in Angola, Bangladesh, China, Indonesia, and Thailand to get business in violation of the Foreign Corrupt Practices Act.”

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 453716

SHAREHOLDER ALERT:  Pomerantz Law Firm Reminds Shareholder with Losses on their Investment in New Oriental Education & Technology Group Inc. of Class Action lawsuit and Upcoming Deadline – EDU

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NEW YORK, Jan. 27, 2017 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against New Oriental Education & Technology Group Inc. (“New Oriental” or the “Company”) (NYSE:EDU) and certain of its officers.   The class action, filed in United States District Court, District of New Jersey, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired New Oriental American Depositary Receipts (“ADRs”) between September 27, 2016 and December 1, 2016, both dates inclusive (the “Class Period”), seeking to recover compensable damages caused by defendants’ violations of the Securities Exchange Act of 1934.
If you are a shareholder who purchased New Oriental ADRs during the Class Period, you have until February 13, 2017 to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased. [Click here to join this class action]New Oriental is a Cayman Islands corporation headquartered in Beijing, People’s Republic of China (“PRC”). New Oriental provides private educational services under the New Oriental brand in the PRC.The Complaint 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 made false and/or misleading statements and/or failed to disclose that:  (1) New Oriental engaged in college application fraud; and (2) as a result, defendants’ statements about New Oriental’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.On December 2, 2016, Reuters published a report detailing allegations of academic fraud at the company. Specifically, Reuters reported that eight former and current New Oriental employees informed Reuters that New Oriental “engaged in college application fraud, including writing application essays and teacher recommendations, and falsifying high school transcripts.”On that same day, Reuters reported that the American International Recruitment Council, which certifies agencies that recruit foreign students on behalf of U.S. colleges, will investigate the company in response to the Reuters report.On this news, shares of the Company fell $6.99 per share or over 14% from its previous closing price to close at $42.00 per share on December 2, 2016, damaging investors.The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.comCONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com