While questions over who should be getting the COVID-19 first — and who should be avoiding it entirely — continue to circulate, pregnant women are stuck over different views from the CDC and WHO.
Follow the latest updates from Orlando, where right-wing conference is underway
RADNOR, Pa., Feb. 28, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Middle District of Tennessee against Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover”) on behalf of those who purchased or acquired Clover publicly traded securities between October 6, 2020 and February 4, 2021, inclusive (the “Class Period”), and/or purchased or acquired Clover securities pursuant or traceable to Clover’s registration statement and prospectus issued in connection with the December 2020 Merger. Deadline Reminder: Investors who purchased or acquired Clover publicly traded securities during the Class Period may, no later than April 6, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435); toll free at (844) 887-9500; via e-mail at info@ktmc.com; or click https://www.ktmc.com/clover-health-investments-corp-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=clover According to the complaint, Clover provides health insurance services. Clover was taken public through a reverse merger with IPOC, a Special Purpose Acquisition Company (the “Business Combination”). Prior to the Business Combination, IPOC traded on the New York Stock Exchange. The Class Period commences on October 6, 2020, when Clover issued a press release announcing its intention to become a public company through a merger with IPOC. On October 20, 2020, Clover filed its registration statement and preliminary proxy statement/prospectus on a Form S-4 with the SEC (the “Registration Statement”). The Registration Statement was amended on December 9, 2020 and December 10, 2020, and was declared effective on December 11, 2020. The Registration Statement touted Clover’s growth as strong and organic. On February 4, 2021, before market hours, Hindenburg Research published a research report that revealed that Clover’s flagship platform, Clover Assistant, was the subject of a U.S. Department of Justice (“DOJ”) investigation for a variety of issues, including illegal kickbacks, marketing practices, and undisclosed related-party transactions. Hindenburg discovered that Clover’s sales growth was not driven by technology, but by deceptive sales practices. Following this news, Clover common stock (CLOV) fell $1.72 per share, or 12.3%, to close at $12.23 per share on February 4, 2021, and Clover warrants (CLOVW) fell $0.18 per warrant, or 5%, to close at $3.39 per warrant on February 4, 2021. On February 5, 2021, before the market opened, Clover filed a Form 8-K disclosing that the SEC was conducting an “investigation and requesting document and data preservation for the period from January 1, 2020, to the present, relating to certain matters that are referenced in the [Hindenburg Research report].” Following this news, Clover common stock (CLOV) fell $0.53 per share, or 4.3% during intraday trading on February 5, 2021, and Clover warrants (CLOVW) fell $0.28 per warrant, or 8.2% during intraday trading on February 5, 2021. The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Clover was under active investigation by the DOJ for at least 12 issues ranging from illegal kickbacks, to marketing practices, to undisclosed related-party deals; (2) the DOJ’s investigation presented an existential risk to Clover, since it derives most of its revenues from Medicare; (3) Clover’s sales were driven by a major undisclosed related-party deal and misleading marketing targeting the elderly, not its purported “best-in-class” technology; (4) a significant portion of Clover sales were from an undisclosed relationship between Clover and a brokerage firm controlled by Clover’s Head of Sales; and (5) as a result, the defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis. Clover investors may, no later than April 6, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT:Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)(610) 667-7706info@ktmc.com
Trump movement is ‘far from over,’ ex-president will tell supporters at CPAC
The pandemic-delayed Golden Globes are set for Sunday. Here's everything you must know about the show with bicoastal hosts Tina Fey and Amy Poehler.
"Getting the vaccine shouldn’t be a competition," said Dr. Anthony Fauci, played by Kate McKinnon.
The payments in President Biden's COVID relief plan will rely on an IRS formula.
CGTN: Classics quoted by Xi Jinping: How to strive for excellence in life. 28, 2021 /PRNewswire/ -- In the course of pursuing the road to modernization in China during the past century, young people have always been an important force in realizing social transformation and national rejuvenation.
Democrats will look for "indirect ways" to increase the minimum wage Sen. Mazie Hirono, D-Hawaii, said on ABC's "This Week" Sunday after the Senate parliamentarian ruled the provision could not be included in the Democrats' $1.9 trillion COVID-19 relief package. "We are looking for other ways to, in effect, require an increase of the minimum wage, which hasn't been increased in over 10 years or so," Hirono told ABC Chief Anchor George Stephanopoulos. Several senators -- on both sides of the aisle -- have proposed other options to increase the minimum wage.
Feb. 28—A day after edging Arizona State in an error-free victory in Friday's season opener, Hawaii dropped two roller-coaster battles on Saturday as the host Sun Devils swept a doubleheader to claim the series win in Phoenix. Hunter Haas hammered a two-run inside-the-park homer in the bottom of the eighth inning and No. 15 Arizona State held off a Rainbow Warrior rally in a 6-5 win in the ...
The Dow Jones Industrial Average (DJIA) dates back to 1896, when horses powered local transportation and Barnum and Bailey were the big names in entertainment. As the U.S. looks to emerge from the COVID-19 pandemic later this year, you might wonder if now is a good time to invest in the blue-chip index. Instead of focusing on the outlook for the DJIA or the economy, consider whether your investment goals and risk tolerance align with the DJIA's behavior.
Bret Bielema saw a unique opportunity to accelerate a turnaround at Illinois when he returned to college football as head coach of the Illini in December. The NCAA's decision to grant every fall sport athlete who played through the pandemic an extra season of eligibility meant Illinois could bring back a large group experienced players to be the foundation of Bielema's first team in Champaign. Schools are not obligated to bring back those players and give them scholarships, but Bielema said he made it clear at his first team meeting that all were welcome.
Prime Minister Andrej Babis said the Czech Republic “cannot wait” for approval from the EU’s regulator
The victim was found by his sister in her front yard after she heard gunshots, authorities said.
See what all the buzz is about—and save big on a myriad of teeth whiteners and toothbrushes from Fairywill till midnight.
At least 18 people are killed as police try to disperse huge anti-coup rallies in several cities.
Heavy snow falling in the Minneapolis–Saint Paul metropolitan area was forecast to cause “rapidly deteriorating” road conditions in Minnesota on Sunday, February 28, the National Weather Service (NWS) said.The NWS said “very heavy snow” was moving across the Twin Cities region, with one to three inches of accumulation expected.Quinn E Casey said this footage was filmed on Sunday morning in White Bear Lake, a city in the Minneapolis–Saint Paul metropolitan area. Credit: Quinn E Casey via Storyful
Feb. 28—Wahine sweep exhibition doubleheader Home runs by the University of Hawaii softball team's middle infielders highlighted a sweep of Chaminade in an exhibition doubleheader on Saturday at Rainbow Wahine Softball Stadium. UH second baseman Rachel Sabourin hit a grand slam in the first game and the Wahine did all of their scoring in the first two innings of a 14-0 five-inning rout of the ...
Feb. 28—If you are former University of Hawaii coach Dave Shoji or anybody else who scans the broadcasts of women's volleyball these days, you've got to be wondering what this year of enforced absence from competition might hold for the Rainbow Wahine. While 283 other NCAA Division I volleyball-playing schools have competed—or are currently playing during some portion of COVID-19—the Rainbow ...
At least 18 people were killed in various cities on Sunday, the UN says.
Feb. 28—Looking for a little inspiration? A little something to make you hopeful? (And who isn't these days ...) The Minnesota Historical Society suggests spending some time with "Extraordinary Women." Minnesota History Center exhibit developer Kate Roberts calls the women featured in the museum's new exhibit "really, really ordinary people who found a passion and went for it." "Extraordinary ...
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