Today in Finance

A New League In Sports Trading

LONDON, UNITED KINGDOM, July 30, 2021 /EINPresswire.com/ — How is a company like Blockchain Algorithms making clients money during financial uncertainty?

Though Blockchain Algorithms and Sports Trading is largely uncorrelated to financial markets, they do not exist in a vacuum. The postponement of individual fixtures and indeed whole leagues did cause some uncertainty…

It’s worth reminding Traders while the outside world is slowly returning to normal, the shares in the sports market are indeed a 3-year bet. During this time, they are underpinned by the value of the dividend yield, which over the last 12 months has paid an average return of 31.47% for the clients of Blockchain Algorithms. This is critical to remember at all times, but particularly pertinent when we see global challenges like the current short-term viral outbreak.

One of the wonderful elements of Blockchain Algorithms is they have a win mechanic which sits outside of the requirement for fixture fulfilment. As promised, they will release a further statement on plans to roll out additional Media Dividend payments in the event of a lockdown on any future fixtures.

It is worth noting that Blockchain Algorithms along with the rest of the world would be hugely surprised if fixtures were not ultimately fulfilled – for the integrity of the competitions, it is absolutely imperative. Clubs will have planned and budgeted for promotion, relegation and European competition. Once the initial shock of the virus is over, things will return to normal. Even in Wuhan, which was the epicentre of the outbreak, life is returning to normal.

There is also an existing blueprint for a major tournament to be played in the winter months as we will see with the World Cup in 2022.

Whilst Blockchain Algorithms have already announced a package of measures to provide stability to the market they will also undertake protective action to limit the impact of irrational/knee-jerk trading. Blockchain Algorithms likes to discourage short-termism wherever possible. As any seasoned Trader will tell you, a consistent trading strategy that is not knocked off course is the key to success.

Blockchain Algorithms, although the market leaders don’t claim to know everything about coronavirus, but what they do know with unshakeable certainty is that Sports Trading is a long term 3-year bet underpinned by the value of dividends, and that "Football is forever."

This news comes in a week where they paid out over £141,000 in bonuses for all clients paying via cryptocurrency at Blockchain Algorithms.

Jamie Blythe
Blockchain Algorithms
email us here

Source: EIN Presswire

Quantum Assurance International, Inc. Independent Insurance Agency Spotlight – Integrity Insurance Resource, LLC.

Quantum Assurance

Meet Gavin Bates of Integrity Insurance Resource insuring all of Colorado, Georgia, Maryland, Ohio, Oklahoma, North/South Carolina, Tennessee, Texas & Virginia

DALLAS, TEXAS, UNITED STATES, July 29, 2021 /EINPresswire.com/ — Quantum Assurance International, Inc. introduces Gavin Bates, an independent insurance agency owner at Integrity Insurance Resource, LLC. finding the right and affordable insurance coverage, insuring all of Colorado, Georgia, Maryland, Ohio, Oklahoma, North and South Carolina, Tennessee, Texas, and Virginia in auto, home, business, and more!

Gavin joined Quantum Assurance as an independent insurance agent in May 2021 and opened his insurance agency in Tulsa, Oklahoma. He is an Oklahoma-based seasoned Insurance Agent with 14 years of experience and a history of success. He began his insurance career in 2007 and over the years cultivated and maintained relationships with customers based on his product knowledge and professionalism. His leadership and ability to connect with customers has a proven history of success.

Gavin is a proud husband and father to two daughters. His passion is family, being outdoors, and helping clients.

“Quantum is a forward-thinking insurance company that is reinventing the insurance experience for customers and agents. They truly give agents their independence on how you would like to run your business.”- Gavin Bates, Agency Owner, Integrity Insurance Resource LLC.

“Gavin Bates is a legacy in the insurance industry who is ready for his own agency in the independent world. Gavin and I have known each other for years and is one of the kindest most caring individuals you would ever meet. These attributes are easily seen when he is working with his clients and providing the solutions that fit their situation. I couldn’t be more excited than to be working with Gavin at Quantum!" – Marci Hensley, Agency Deployment Leader, Quantum Assurance

When you work with Integrity Insurance Resource LLC., you can expect:
• A professional and hassle-free insurance experience.
• Having a personal insurance agent experience because they do all the shopping for you.
• A fully licensed team to work on policy reviews for potential gaps in coverage.

About Quantum Assurance:
Quantum Assurance International is an independent insurance organization serving clients through our flagship call centers as well as our agency force. We reduce friction during the client experience by leveraging cutting-edge technology and by matching our clients with premier choices from top-rated insurance carriers across the country. To learn more about becoming a Quantum Assurance International Independent Agent, visit: www.QuantumAssurance.com

Connect with Quantum Assurance on social media:
LinkedIn: https://www.linkedin.com/company/quantum-assurance-international/
Facebook: https://www.facebook.com/QuantumAssurance/
YouTube: https://www.youtube.com/channel/UCdua0bd60YLxqmFzynjIT7g
Instagram: https://www.instagram.com/quantumassurance/?hl=en
TikTok: @quantumassurance

About Integrity Insurance Resource LLC.:
Integrity Insurance Resource LLC. is an Independent Insurance Agency representing a vast line of insurance carriers for all your insurance needs. We carefully select our carriers to provide you with the best level of service, price, and coverage. We work for you, not the insurance company.

For more information contact:
Gavin Bates, Agency Owner, Integrity Insurance Resource LLC.
Office: (918) 922-7077
Cell: (918) 520-6221
Email: William.Bates@quantumassurance.com
Address: 5840 S Memorial Dr. Ste. 290B Tulsa, OK 74145
LinkedIn: www.linkedin.com/in/gavin-bates-427528212
Facebook: https://www.facebook.com/gavin.bates.169/
Licensed States: CO, GA, MD, OK, OH, NC, SC, TN, TX & VA

Abby Thoresen
Quantum Assurance
email us here
Visit us on social media:
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Source: EIN Presswire

La Jolla Wealth management firm, Financial Alternatives, expands client services by merging with Essential Planning and Fox College Funding

LA JOLLA, CA, UNITED STATES, July 29, 2021 /EINPresswire.com/ — Financial Alternatives, a La Jolla-based wealth management firm, is proud to announce its merger with Essential Planners and Fox College Funding.
“Our firms share an unwavering commitment to always putting our clients’ interest first. I believe this merger will strengthen the firm and provide significant long-term benefits to our shared clients,” says Jim Freeman, President of Financial Alternatives.
Deborah Fox, founder of Essential Planners and Fox College Funding, adds “The merger of Essential Planners and Financial Alternatives is creating ‘a whole that is bigger than the sum of the parts.’ I am thrilled to be part of it and look forward to our future together and continuing to deliver exceptional service to clients.”

For more information on the merger, please click here: https://financialalternatives.com/essentialplanners

About Financial Alternatives: A privately held company based in La Jolla, CA, Financial Alternatives, Inc. provides wealth management services to successful families nationwide. The company’s personalized advice and investment strategies are coordinated with CPAs and attorneys – giving clients the time, clarity, and confidence to focus on everything else they care about.

About Essential Planners & Fox College Funding: Essential Planners, based in San Diego, CA, provides holistic advice to idealize and achieve their client’s goals while also providing unique planning services designed for younger generations. Fox College Funding, also in San Diego, provides specialty planning services for parents of college-bound high school students who are interested in reducing their out-of-pocket college costs.

Mary Rose Schwartz
Financial Alternatives
+1 858-459-8289
email us here

Source: EIN Presswire

Vineyard Sound Insurance, a wholly-owned subsidiary of Martha's Vineyard Bank, was launched in July 2021.

EAST WINDSOR, CT, USA, July 29, 2021 /EINPresswire.com/ — Martha's Vineyard Bank recently partnered with Insuritas, a full-service digital insurance agency platform, to begin offering personal, commercial, and ancillary insurance services to Martha's Vineyard Bank's more than 30,000 customers. Vineyard Sound Insurance, a wholly-owned subsidiary of Martha's Vineyard Bank, launched in July. The Agency offers personal, ancillary, and commercial insurance products following Martha's Vineyard Bank's focus-on-client-service model.

"Our mission is to make our clients' financial lives easy. Our Bank clients are interested in having a one-stop-shop for all of their financial and insurance needs. The addition of Vineyard Sound Insurance allows us to offer a full suite of financial solutions", stated James M. Anthony, President, and CEO of Martha's Vineyard Bank, the parent company of Vineyard Sound Insurance.

Vineyard Sound Insurance can produce quotes from more than 40 insurance carrier partners. Our insurance solutions include home, renter's, auto, flood, identity theft, travel, and professional liability insurance, among many others.

"We're delighted to announce our relationship with Martha's Vineyard Bank and are proud to have earned the opportunity to build, launch, and manage a full-service, digitally-powered insurance agency for the bank and its customers," said Insuritas Chairman and CEO Jeffrey Chesky. "Through our relationship, the bank will now be able to provide simple, seamless access to competitive options for their customers' insurance needs, all with a focus on delivering the right coverages at the right price at the right time."

Jeffrey Chesky
Insuritas
+1 8606531134
email us here
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Source: EIN Presswire

Realty Times TV News

RT TV Studio

Adding Significant Value to Bring it Home Communities and Veea’s New Real Estate Office of the Future (vREO) Concept

LAS VEGAS, NV, UNITED STATES, July 29, 2021 /EINPresswire.com/ — Realty Times and Bring it Home^® Communities announced a massive expansion in television and closed-network programming for the real estate community and consumers. Aptly named Realty Times TV, the news segments will provide a variety of valuable news, statistics and tips for brokerages, agents, homebuyers, and sellers. See an example here or watch on RealtyTimes.com.

Content distribution will be handled through a shared alliance with Realty Times, Bring it Home Communities and Veea.
“As one of America’s most established real estate news portals, we’re in a unique position to share our knowledge of the market, nationally, regionally and locally,” stated John Giaimo, President and CEO of Realty Times. “And through our partnerships with Bring it Home Communities as well as the national roll-out of Veea’s real estate office of the future, this provides a phenomenal platform for news procurement and distribution,” Giaimo explains.

Realty Times TV provides various news segments according to its audience. For example, there is a United States feed that’s designed for national coverage. But there are also regional and even local content that can be created for specific audiences. This ties directly into Bring it Home Communities that specialize in an individual metro area.

Custom content can also be developed and delivered with the Veea real estate office of the future (vREO), an ultra-secure communications network for brokerages to connect agents, brokers, and consumers. With the Veea hub, brokers can hold virtual office meetings, have virtual showings, extend online training and much more for a very low monthly cost, eliminating the need for more expensive subscription services.
“Creating original content for the real estate community makes a lot of sense,” according to Giaimo. “With home prices rising and inventory still extremely low, brokers and homebuyers are looking for information, tips and resources like Realty Times TV. We’re excited to bring this next chapter of innovation to the real estate industry,” Giaimo concludes.

About Realty Times TV and its Partners:
Realty Times TV is the latest venture from Realty Times, one of the most-trusted sources of real estate news in America. Its affiliated company Bring it Home Communities is creating the digital portal of the future for real estate, combining local listings, and integrating brokers, agents, consumers and advertisers in a safe and secure communication environment featuring Veea’s secure, virtual private network (VPN). Bring it Home’s ad network is powered by Ad Persistence™ and Veea's AdEdge advertising platform provides rich media advertising for consumers and marketing partners.

Realty Times Inc.
Realty Times
+1 714-528-3779
email us here
Visit us on social media:
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Twitter
LinkedIn

Realty Times TV Real Estate News example

Source: EIN Presswire

19. Plan Views – 20ft Spacing

21. Smart – Innovative Equipment

Taylor was redesigned to optimize productivity of SMART panel mining via a triple ramp system using 65t trolley trucks and Clark open pit waste rock for CRF.

TORONTO, ONTARIO, CANADA, July 29, 2021 /EINPresswire.com/ — DPM Mining Inc is pleased to announce that 3 EIN press releases will be issued which evaluate a SMART technical and economic audit of the Arizona Mining – now South32 owned Taylor sulphide orebody. The patented SMART platform coverts mining of a large orebody to a set of linked spreadsheets using ~1,140t SMART cells rather than a series of stopes and pillars. Penoles test mining proved that 15m wide SMART panels can be safety mined under CRF when confined by a concrete roof and posts. A Golder FLAC 3D analysis will calculate post and concrete roof loading using the results of CRF test program to make 500MPa bulk strength CRF from minesite sourced aggregate. Technical risks can be reduced by test mining 4 SMART cells under a concrete roof to confirm post and roof loading. Also, initial SMART panels can be mined by driving a 5m wide drift then controlled slashing to a 15m panel width while monitoring post loading. See EIN DPM press releases #1 to #6 for technical details.

The Hermosa project is an ideal project to evaluate DPM – SMART economics vs a modern 10,000tpd mine designed for blasthole stoping using paste fill with mine access via a shaft and service ramp to a 1,100m depth. The engineering firm AMC was in the process of completing an updated PEA level Technical Report – which was posted on Sedar Jan 16th, 2018. C. Gryba meet with then AZM President Jim Gowans. Jim approved re-blocking the Taylor 100 million ton PEA sulphide orebody. The AMC principal geologist, within 1 week, re-blocked the entire Taylor orebody to the SMART 25ft x 25ft x 20ft high cell size and generated a color coded NSR table for each 20ft lift. The Taylor orebody has 80,000 red SMART cells between the 400ml and 1000ml. Outlining the red and green cells, indicates that 90% of the cells are grouped suitable for SMART paneling and 10% indicate smaller ore zones. Mining 8 SMART cells per day fills the planned 10,000tpd mill. See Image 19 for typical 20ft high lifts of SMART cells and NSR color coding.

The AMC PEA report indicated 2 SMART design hurdles. The AZM shaft design would require SMART ore and CRF to be re-handled multiple times. Secondly, SMART mines 15m wide panels using cemented rock fill not paste fill. Asarco had planned an oxide open pit for the Central Zone thus rock aggregate is available on site to manufacture CRF. SMART mining productivity is optimized when an ore truck is loaded at a panel face, trucked directly to surface with CRF backhauled to fill a nearby panel. A ramp capable of hauling 10,000tpd was required. Gryba meet with Atlas Copco (now Epiroc) and Sandvik. Sandvik was concentrating on designing tele-remote diesel and battery powered equipment. Atlas Copco had added a lithium battery assist to their proven Kiruna electric trolley trucks; this provided a potential solution for ramp haulage to a 1500m depth.

Gryba then designed an autonomous SMART triple ramp system to optimize the productivity and design limitations of 65t trolley – battery assist truck. Only the dedicated up and down production ramps are equipped with trolley lines. The third ramp was designed for 2 way service traffic using battery or future hydrogen powered equipment. Ramp interchanges were designed every 100m vertically to provide secondary production ramp access to 30m levels. Only lithium battery power is used to access SMART panels, loaded trucks drive down ramp to the next lower interchange to re-attach to the trolley line.

Atlas Copco detail costed the ramp haulage system to the 500ml and 1,000ml based on the EM654 truck. Each trolley truck is capable of hauling 65tph or ~1,000tpd from the 1,000ml. Based on the PEA $.08 kwh power cost, a round trip of ore plus CRF backhaul costs $47hr or $.72t. Hoisting 10,000tpd of ore from 1,000ml in 18 hours requires a peak horsepower of 4,860kw and RMS of 3,624kw. Skipping 555tph x $.08kwh costs $.52t skipped vs $.48t for up ramp trolley power cost from the same depth. SMART panel mining costs were then calculated at $25.15t as per EIN DPM #6 press release. See Image 20 for trolley truck costs.

SMART mining combined with the triple ramp – trolley system allows for many incremental Smart productivity and cost improvements. Three interconnected ramps reduce congestion plus allows concrete floors and trolley lines to be installed while advancing the 3 ramp faces via the 2 other ramps. The third ramp also allows equipment such as the CEMI roof system and a SMART ITH drill to be stored near the face. The SMART posthole drill can drill a .5m diameter cut thus longer rounds can be taken. The CEMI designed roof allows ground control work to proceed in parallel with face drilling. The advance rate for all 3 ramps can increase by 1m or more per day. See Image 21 for pictures.

The ramp system has to be cost competitive. The PEA 10,000tpd shaft was estimated by AMC to cost $162.3 million. The 8,000 meter long, 5.5m x 5.5m service ramp at $4,500m boosts the Capex cost to $198.3 million. A SMART trolley ramp requires $1,000m for concrete floors and shotcreting plus $1,000m for each trolley line increasing costs to $6,500m. The SMART ramp design to the 1,000ml requires 24,000m of 5.5m x 5.5m ramp plus 10 ramp interchanges at 400m each. The SMART Capex cost for 28,000m of ramp is estimated at $168m plus $35m for 10 trolley trucks or $203m. Basically the same CAPEX cost as shaft option to the 1,000ml but a much more flexible and production scalable design.

Rather than keeping the SMART technology confidential 10 EIN press releases will be issued to explain SMART mining to both the financial and mining communities. A SMART financial evaluation of the AZM Taylor orebody will highlight some of the financial and technical advantages of the DPM patented technology.

Charles Gryba
DPM Mining
+1 416-801-6366
email us here

Source: EIN Presswire

Exegy Best Execution Predictive VWAP Algorithm

New Signum Whitepaper Quantifies Value of Real-Time Trading Signals

ST. LOUIS, MISSOURI, UNITED STATES, July 29, 2021 /EINPresswire.com/ — Exegy Inc., the global leader in low-latency market data and execution solutions, predictive trading signals, and hardware-acceleration technology, today released the performance results of an execution algorithm powered by real-time predictive signals in their Signum portfolio. The new algorithm applies Signum’s real-time predictive signals to significantly improve execution costs by over two basis points—demonstrating another example of how our clients can benefit from Signum’s portfolio of real-time predictions of quote dynamics. By enhancing a Volume Weighted Average Price (VWAP) algorithm with Signum’s prediction of quote direction and duration, Exegy’s Signum team produced an “intelligent” algo capable of capturing 52% of the performance gains achievable with perfect knowledge of the next national best bid and offer (NBBO) quote.

“In addition to the dramatic reduction in execution cost, our work also shows that our real-time signals, which capture sub-millisecond price movements, can yield meaningful financial benefits for traders operating at longer timescales—opening the use of Signum to brokerages, execution venues, principal traders, asset managers, and those who develop their own algorithms,” says Andy Lee, Director of Quantitative Research at Exegy. The goal of a VWAP execution algorithm is to minimize market impact by adhering to a trading schedule consistent with the intraday trading volume profile of a given security. Signum utilized two of its real-time predictive signals to enhance best execution; Quote Vector predicts NBBO quote direction, while Quote Fuse predicts the duration of NBBO quotes.

Compared to a standard VWAP, Signum’s predictive VWAP algorithm showed over two basis points lower execution cost than the benchmark VWAP and 77% of the constituents in our securities universe (S&P 500) improved over the benchmark. Exegy is offering the predictive VWAP algorithm as a free example application, anticipating that firms with experienced execution algorithm designers will be inspired to use these signals to achieve even greater returns.

This predictive VWAP algorithm for best execution is the latest application of Signum signals in the creation of enhanced trading strategies. Exegy has previously introduced two alpha-generating strategies: Octane, a long-short index strategy with 1.9x better returns and 2.5x less drawdown than the S&P 500, and Diesel, its more defensive complement that provides 10x less drawdown. Exegy believes that the evolution of AI and ML driven trading strategies won’t stop with high frequency traders and market makers. Its Signum team continues to develop signals that improve all aspects of trading including execution algorithms and order management systems. To learn more about the predictive VWAP algorithm and Signum real-time signals that drive its differentiated performance, obtain a copy of our whitepaper at https://exegy-signum.com/signup/.

About Exegy^®, Inc.

Exegy provides global market data and execution solutions, predictive trading signals, and hardware trading platforms to elite firms in the financial services industry. Today, Exegy serves as a strategic partner to leading principal traders, agency and retail brokers, exchanges, Alternative Trading System (ATS) and dark pool operators, market makers, hedge funds, and asset managers. At the heart of Exegy solutions are purpose-built appliances, hardware-acceleration and artificial intelligence technologies derived from an extensive portfolio of patented and patent-pending technology. To learn more about Exegy’s Signum portfolio of real-time trading signals, visit www.exegy-signum.com. Exegy promotes the design of robust electronic markets through its MarketDataPeaks service that reports real-time market data feed rates.

For more information, visit us at www.exegy.com and follow Exegy on LinkedIn and Twitter @ExegyMarketData. Visit our Facebook and Instagram here.

Craig S. Meyer
Exegy Incorporated
+1 314-218-3600
media@exegy.com
Visit us on social media:
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LinkedIn

Source: EIN Presswire

NEW YORK, NEW YORK, UNITED STATES, July 29, 2021 /EINPresswire.com/ — Minutes from Calgary and world-famous Spruce Meadows and tucked in picturesque Foothills County is Zeidler Farm, which will auction in September via Concierge Auctions in cooperation with Kristine Semrau of The Agency. Previously listed for $5.8M CAD, the property will sell with No Reserve to the highest bidder. Bidding is scheduled to be held on September 3–7 via Concierge Auctions’ online marketplace, ConciergeAuctions.com, allowing buyers to bid digitally from anywhere in the world.

“I speak for both myself and The Agency when I say that we are extremely excited to be working with Concierge Auctions,” stated Semrau. “I’m confident that our local market expertise paired with their unparalleled global reach and marketing will make this sale a seamless one—and result in a competitive auction come auction day.”

A state-of-the-art equine facility that presents a turn-key opportunity for seamless acquisition of the 19-acre parcel and the incredible facilities within. Start your day in the office of the main stable before heading out to the international level grass grand prix field that is any horseman’s dream, filled with natural jumps. Two spacious outdoor all-weather rings provide the perfect complement, with the addition of numerous turnout fields, grass and all-weather paddocks to choose from. The thoughtfully planned structures include three beautiful barns with every amenity and an oversized indoor arena that exhibits elegance and boasts many environmentally innovative features from the white French footing by renowned footing specialists NARS to wide windows that bathe the space in natural light. Sheltered in a grove of mature trees is the 2,052-square-foot main home, ideal for overnight guests, staff, or everyday living. Additional features include: a comfortable entrance lounge in the barn; 11 horse stalls; two grooming stalls; a wash bay; a full bathroom with shower; an upstairs office with a viewing lounge; a laundry room; a full kitchen; and a large tack room—all just 15 minutes from Calgary, or, for the adventurous: 90 minutes from Banff National Park.

Alberta’s Foothills sit just minutes south of Calgary and form a gateway to the iconic Rocky Mountains. The forested hills, rolling grasslands, and broad river valleys of the region give way to towns teeming with vibrant arts and world-class restaurants. Nature lovers will be instantly at home here, amongst rocky outcrops cloaked with lush trees and the most diverse flora and fauna in Alberta. Calgary, home to the famous Calgary Stampede, has all the thrill of a truly vibrant city plus the stunning Rockies providing a perfect natural backdrop. Just minutes from the stable are three top golf courses: Cottonwood, Carmoney and Heritage Pointe. Music, culture, and phenomenal restaurants await. You’ll find Spruce Meadows, one of the world’s premier show jumping and equestrian facilities, only ten minutes away. Two provincial primary highways (Highway 2 and Highway 22) provide easy access to Calgary to the north and the US border to the south.

Zeidler Farm is available for showings daily 1-4PM and by appointment, and for private virtual showings.

As part of Concierge Auctions' Key for Key^® giving program in partnership with Giveback Homes, the closing will result in a new home built for a family in need.

Concierge Auctions offers a commission to the buyers' representing real estate agents. See Auction Terms and Conditions for full details. For more information, including property details, exclusive virtual tour, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.

About Concierge Auctions
Concierge Auctions is the world’s largest luxury real estate auction firm with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind properties with the most high-net-worth property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers get incredible deals. Agents earn their commission in 30 days. Since its inception in 2008, Concierge Auctions has generated billions of dollars in sales, broken world records for the highest-priced homes ever achieved at auction, and grown its activity in 44 U.S. states/territories and 30 countries. The firm owns the most comprehensive and intelligent database of high-net-worth real estate buyers and sellers in the industry, and has contributed more than 300 homes to-date as part of its Key for Key^® giving program in partnership with Giveback Homes™, which guarantees that for every property the company sells, a new home is funded for a family in need. For more information visit ConciergeAuctions.com.

Emily Roberts
Concierge Auctions
+ +1 212-202-2940
email us here

Source: EIN Presswire

Kehoe Law Firm, P.C.

Class Action Filed On Behalf of DiDi Global Investors Who Acquired DiDi Securities In Connection With The Company's IPO And/Or During The Class Period

PHILADELPHIA, PA, USA, July 29, 2021 /EINPresswire.com/ — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of DiDi Global Inc. (“DiDi” or the “Company”) (NYSE: DIDI) to determine whether DiDi engaged in securities fraud or other unlawful business practices.

A class action lawsuit has been filed in United States District Court, Central District of California (2:21-cv-06113), on behalf of DiDi investors who purchased, or otherwise acquired, the securities of DiDi pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with DiDi’s June 30, 2021 initial public offering (“IPO” or “Offering”); and/or (2) between June 30, 2021 and July 21, 2021, inclusive (the “Class Period”).

According to the class action complaint, the DiDi Defendants made materially false and/or misleading statements, because they misrepresented and failed to disclose adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants, or recklessly disregarded by them.

Specifically, according to the complaint, the Registration Statement was false and/or misleading and/or failed to disclose that (1) the Cyberspace Administration of China (“CAC”) urged Defendant DiDi to delay its IPO; (2) Defendant DiDi “had the problem of collecting personal information in violation of relevant PRC laws and regulations”; (3) Defendant DiDi could not guarantee data security; (4) due to the foregoing, Defendant DiDi would face “serious, perhaps unprecedented, penalties” from relevant authorities; (5) DiDi and its many apps would face an imminent cybersecurity review by the CAC, which could lead to removal of DiDi’s apps from app stores; and (6) as a result, the DiDi Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, DIDI SECURITIES IN CONNECTION WITH THE COMPANY’S IPO AND/OR DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

This press release may constitute attorney advertising.

Michael Yarnoff, Esq.
Kehoe Law Firm, P.C.
+1 215-792-6676
info@kehoelawfirm.com

Source: EIN Presswire

BOULDER, COLORADO , UNITED STATES , July 29, 2021 /EINPresswire.com/ — Lauth Investigations International is excited to announce the launch of a new suite of services known as ‘Heir-Locate’ services. The same infrastructure that has allowed LII to put unrecovered assets back in the hands of their rightful owners will now allow us to locate heirs in matters of estate, insurance, and other financial matters. Lauth is expanding its expertise in order to offer a more robust suite of services to support our clients.

What are heir-locate services? It is the process of identifying heirs/beneficiaries of property or estates, or the process of fact-finding to assist in the confirmation of heirship. Professionals who typically utilize these services are either probate attorneys or court appointed guardians who are required to fulfill their fiduciary responsibilities during the course of a case. Corporations also utilize heir-locate services to assist in the mitigation of any unclaimed liability carried on the company’s balance sheet. Private investigators are not typically the first professionals who come to mind in the case of heir-location services, but their skillsets are highly conducive to fulfilling financial due-diligence.

Most online people-finder instant-search database options utilize old, outdated public record information. Whereas a private investigator specializes in locating people through the use of confidential data and other resources not readily available to the public. Resulting in current contact information for potential heirs or beneficiaries. Lauth’s private investigators work hand in hand with its staff of genealogical researchers to identify potential heirs and locate beneficiaries.

Lauth Investigations International is a family-owned-and-operated private investigation firm that has been providing verified intelligence to clients for over 30 years. Lauth Investigations has offices in Indianapolis, IN and Boulder, CO and genealogical researchers strategically located throughout the United States with capabilities of research internationally. LII maintains an A+ rating with the BBB and is a member of APG.

Christie Haas
Lauth Investigations International
christie.haas@returnassets.org
+1 (855) 544-3463 Ext. 0
Visit us on social media:
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What We Do | Return Assets Division | Lauth Investigations International

Source: EIN Presswire