Connect with us

News

Basware Appoints Mogens Pedersen Chief Technology Officer and Perttu Nihti Chief Product Officer

gbafNews28

Mogens Pedersen has been appointed Chief Technology Officer and Perttu Nihti has been appointed Chief Product Officer at Basware. The appointments are effective as of September 1, 2020 when both will become members of the Executive Team, reporting to the CEO, Klaus Andersen.

Mr. Pedersen joins Basware from SimCorp, a leading provider of integrated investment management solutions, where he worked in multiple senior leadership roles for the last 26 years, most recently as Head of the Cloud Centre of Excellence at SimCorp Denmark.

Mr. Nihti has worked at Basware since 2012 in a number of leadership roles, most recently as Senior Vice President, Head of Products. Prior to joining Basware, Mr. Nihti worked in several positions in product management, research and development and consulting at various technology and telecommunications firms including Nokia and Digita.

“We are pleased to welcome Mogens and Perttu to the Basware Executive Team. In their previous roles both have demonstrated a clear track record of leadership in the technology industry and experience of managing complex business transformations, commented Klaus Andersen, CEO, Basware Corporation.

About Basware:

Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organizations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at http://investors.basware.com/en.

Ben Selby, VP IR & Treasury, Basware Corporation

[email protected]

News

Homeowner That Lost Home in Trustee Sale wins a Trustee Sale Reversal, Followed by a Permanent Loan Modification Through the Nonprofit Alliance of Consumer Advocates

gbafNews28

WEST COVINA, Calif., Dec. 5, 2020 /PRNewswire-PRWeb/ — Distraught and behind on her mortgage payments, Mrs. Guajardo and her veteran husband were given a 3 Day Notice to Vacate their home. Off-course and looking for a helping hand, Mrs. Guarjardo and her husband turned to the Nonprofit Alliance of Consumer Advocates for assistance to make one last attempt to stay in their home.

The Nonprofit Alliance of Consumer Advocates is the Financial Literacy division of the faith-based 'Serve All Help All' and holds a 501 C3 credential issued by the Federal Government in 2007.

The Nonprofit Loss Mitigation Clinic, through its Senior Legal Services Director Attorney Peter Nisson, focuses on helping struggling homeowners avoid becoming homeless through foreclosure by offering completely free legal Loan Modification help and other more aggressive expert Loss Mitigation strategies.

The Nonprofit Alliance of Consumer Advocates also helps those already homeless by asking its clients to voluntarily donate bags of canned goods and nonperishables in exchange for its completely free mortgage payment assistance. Seeking a voluntary donation that goes directly to Veterans OC outreach upon being successful in obtaining their clients a loan modification. Veterans OC helps feed and house homeless U.S. Veterans. Some of those U.S vets were previously homeless and now employed through the Nonprofit clinic.

Advocate Victor Rosales, a volunteer team member of the Nonprofit Alliance of Consumer Advocates stepped in for Mrs. Guarjardo and secured a Private Investor Bridge Loan to cure the default in anticipation of Mrs. Guarjardo getting her home back. Consumer Defense Law Group, who was introduced to Mrs. Guarjardo was successful in reversing the Trustee sale and obtained a loan modification for her even though previously denied by her lender.

Mrs. Guarjardo not only got her home back into her name, she was also permanently modified and was able to use the Short-Term Bridge loan to provide her additional financial relief while she and her family go through this Pandemic.

The Nonprofit Alliance of Consumer Advocates main goal is to properly inform you of all viable options available to you to avoid continued hardship that can result in foreclosure as well as provide Direct Wholesale Mortgage pricing. To provide you with enough information and resources to make the best long-term decision for you and your family. For assistance call (855) NACA-HELP (855) 622-2435 or visit them at http://www.NacaLaw.org

Media Contact

Mr. De La Vega, NonProfit Alliance of Consumer Advocates, +1 855-622-2435, [email protected]

 

SOURCE NonProfit Alliance of Consumer Advocates

Continue Reading

News

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Mesoblast Limited of Class Action Law Suit and Upcoming Deadline – MESO

gbafNews28

NEW YORK, Dec. 5, 2020 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Mesoblast Limited (“Mesoblast” or the “Company”) (NASDAQ: MESO) and certain of its officers.   The class action, filed in United States District Court for the Southern District of New York, and docketed under 20-cv-09111, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Mesoblast securities between April 16, 2019 and October 1, 2020, inclusive (the “Class Period”).  Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased Mesoblast securities during the class period, you have until December 7, 2020, 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. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action] 

Mesoblast develops allogeneic cellular medicines using its proprietary mesenchymal lineage cell therapy platform.  Its lead product candidate, RYONCIL (remestemcel-L), is an investigational therapy comprising mesenchymal stem cells derived from bone marrow.  In February 2018, the Company announced that remestemcel-L met its primary endpoint in a Phase 3 trial to treat children with steroid refractory (“SR”) acute graft versus host disease (“aGVHD”).

In early 2020, Mesoblast completed its rolling submission of its Biologics License Application (“BLA”) with the U.S. Food and Drug Administration (“FDA”) to secure marketing authorization to commercialize remestemcel-L for children with steroid refractory aGVHD.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational, and compliance policies.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:  (i) comparative analyses between Mesoblast's Phase 3 trial and three historical studies did not support the effectiveness of remestemcel-L for steroid refractory aGVHD because of design differences between the four studies; (ii) as a result, the FDA was reasonably likely to require further clinical studies; (iii) as a result, the commercialization of remestemcel-L in the U.S. was likely to be delayed; and (iv) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 11, 2020, the FDA released briefing materials for its Oncologic Drugs Advisory Committee (“ODAC”) meeting to be held on August 13, 2020.  Therein, the FDA stated that Mesoblast provided post hoc analyses of other studies “to further establish the appropriateness of 45% as the null Day-28 ORR” for its primary endpoint.  The briefing materials stated that, because of design differences between these historical studies and Mesoblast's submitted study, “it is unclear that these study results are relevant to the proposed indication.”

On this news, the Company's American Depositary Share (“ADS”) price fell $6.09 per share, or approximately 35%, to close at $11.33 per share on August 11, 2020, on unusually heavy trading volume.

On October 1, 2020, Mesoblast disclosed that it had received a Complete Response Letter (“CRL”) from the FDA regarding its marketing application for remestemcel-L for treatment of SR-aGVHD in pediatric patients.  According to the CRL, the FDA recommended that the Company “conduct at least one additional randomized, controlled study in adults and/or children to provide further evidence of the effectiveness of remestemcel-L for SR-aGVHD.”  The CRL also “identified a need for further scientific rationale to demonstrate the relationship of potency measurements to the product's biologic activity.”

On this news, the Company's ADS price fell $6.56 per share, or over 35%, to close at $12.03 per share on October 2, 2020, on unusually heavy trading volume.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris 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.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected] 
888-476-6529 ext. 7980

Cision View original content:http://www.prnewswire.com/news-releases/shareholder-alert–pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-mesoblast-limited-of-class-action-law-suit-and-upcoming-deadline—meso-301186853.html

SOURCE Pomerantz LLP

Continue Reading

News

The Public Relations Network (Asia Chapter) to offer regional intelligence & local expertise to industries benefiting from the recently-signed RCEP amid COVID-19 Challenges

gbafNews28

HONG KONG SAR – Media OutReach – 30 November 2020 – With the signing of the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020, the Asia Chapter members of Public Relations Network (PRN) are prepared to provide all-round and cross-border support to various industries from participating nations of RCEP in regards of business development and investment.

PRN Asia Chapter is formed by profound local PR agencies across Asia. With this tightly-knit network of PR experts, chapter members align to provide effective, efficient, and think-out-of-the-box solutions across the region. With all local teams on board, PRN Asia Chapter is well-positioned to offer hands-on and ready-to-deploy services, from media relations and digital campaigns, to event management and crisis communications to industries who will blossom as a result of the RCEP.

Under the impact of COVID-19, demand for public relations solutions has risen to new height. With all kinds of new normal in place, being highly-flexible and mobile, the ability to mobilize regional connections swiftly and to establish new game plans as a result of changing market demands are all crucial to enterprises.

Ms Belinda Chan, Chairperson of the PRN Asia Chapter, and Managing Partner of Creative Consulting Group in Hong Kong: “The RCEP will drive the shift of economic engine to Asia. With our strong foothold in strategic locations across the region, we, together, represent a one-of-a-kind PR think-tank for enterprises that are drawn to tap into the market benefits.”

Mr Jacky Cheng, CEO of CommNow in Shanghai: “This RCEP can help China building closer trade relations with Asian countries, which will eventually help Chinese companies to find their new markets. This is very crucial under the current circumstances.”

Ms Stacy Ang, Director of The Right Spin in Singapore: “The RCEP has unlocked new levels of market access in Asia. As agencies that can move expeditiously in our own markets while implementing cross-border plans collectively, our network offers the desired nimbleness, synergy and competence for businesses to spread their wings and capture opportunities as they emerge.”

Ms Sharon Wu, Managing Director of SWEM Consulting Group in Taipei: “Although Taiwan have not become RCEP members, but Taiwan government have very good tax policies for import trade between Japan and ASEAN countries. We believe Taiwan and Asia-Pacific brands can depend on PRN Asia members support and RCEP policy, win more business successful and more opportunities for brand grow up in the future.”

Ms Sarah Song, Managing Director of Integra Communications in Seoul: “We will work together more closely and strengthen our network with cooperation and synergy in terms of communication through RCEP. Our role as an Asian network will bring our professionalism and creativity to form a solid partnership and new perspectives to work in a new era that will grow with future economic development.”

Ms Pacharee Pantoomano, Managing Director of Brandnow.asia in Bangkok: “RCEP will undoubtedly create economic vibe within the region and now is definitely the right time to make an entry into the market. With our strong base in Thailand and in Asia as part of PRN, we can offer market consultation and research as well as business matching to clients at large. With local intelligence in place, we aim to enable clients to benefit from RCEP more effectively and cost-efficiently.”

Ms Clāra Ly-Le, Managing Director of EloQ Communications in Ho Chi Minh City: “I am proud that this RCEP partnership was signed at the ASEAN Summit hosted in my country Vietnam. I have high hopes in this partnership and expect that it will help many industries recover from the COVID-19 crisis. As a member of PRN Asia Chapter, we are proud to work with fellow members to deliver top-notch services for clients from countries coming from the RCEP, from market entry to well-rounded integrated marketing campaigns.”

About Public Relations Network (PRN)

Public Relations Network (PRN) is a global collective of like-minded, owner-managed Public Relations agencies providing consultancy and local support for international PR campaigns. PRN has agency members in Austria, Brazil, Canada, China — Mainland, China — Hong Kong, Czech Republic, Denmark, Finland, France, Germany, Greenland, Italy, Mexico, Morocco, Panama, Poland, Portugal, Singapore, Slovakia, South Korea, Spain, Switzerland, Taiwan, Thailand, the UK, the USA, and Vietnam. For more info, please visit: www.pr-network.biz.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
gbafNews28 gbafNews28
News54 mins ago

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Mesoblast Limited of Class Action Law Suit and Upcoming Deadline – MESO

NEW YORK, Dec. 5, 2020 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Mesoblast...

gbafNews28 gbafNews28
News54 mins ago

Homeowner That Lost Home in Trustee Sale wins a Trustee Sale Reversal, Followed by a Permanent Loan Modification Through the Nonprofit Alliance of Consumer Advocates

WEST COVINA, Calif., Dec. 5, 2020 /PRNewswire-PRWeb/ — Distraught and behind on her mortgage payments, Mrs. Guajardo and her veteran husband...

gbafNews28 gbafNews28
News56 mins ago

2021 skincare solutions just a click away with POND’S Skin Advisor Live chatbot now on Shopee

Banish Pandemic-induced Skincare Woes with POND’s Beauty Tech on Shopee   HO CHI MINH CITY, VIETNAM – Media OutReach – 1 December...

gbafNews28 gbafNews28
News56 mins ago

Consumer spending in Islamic economy sectors forecast to rebound by end-2021, market size slated to reach US$2.3 trillion by 2024

Takeaways from the State of the Global Islamic Economy Report 2020/21 will be unveiled at Reimagine: Halal in Asia 2020,...

gbafNews28 gbafNews28
News56 mins ago

Infor Launches Hospitality Management Cloud Solution based on Amazon Web Services in China to Spur Digital Transformation among Chinese Hotels

Rich capabilities allow hoteliers to centralize cross-platform hospitality management systems; AWS partnership ensures stability and security of data in the...

gbafNews28 gbafNews28
News56 mins ago

Zipline, Medical Drone Delivery Pioneer to Headline HISA2020

JOHANNESBURG, SOUTH AFRICA – Media OutReach – 30 November 2020 – Technology is transforming industries on a global scale, with the COVID-19 pandemic...

gbafNews28 gbafNews28
News56 mins ago

“Emma by AXA”, your insurance and healthy living partner Download now to enjoy first-in-market free “Post-Vaccination Protection”

HONG KONG SAR – Media OutReach – 30 November 2020 – Emma by AXA — AXA‘s all-in-one insurance & health services platform...

gbafNews28 gbafNews28
News56 mins ago

Lee Kum Kee Sauce Group Appoints Ms. Katty Lam as Chief Executive Officer

HONG KONG SAR – Media OutReach – 1 December 2020 – Lee Kum Kee Sauce Group announces the appointment of Ms. Katty Lam...

gbafNews28 gbafNews28
News56 mins ago

Salaries set to rise in 2021, but employers in the Philippines signal increased caution, says Mercer survey

Companies forecast a 5.6% overall increase in salaries for 2021, but more than half say they expect changes to salary...

gbafNews28 gbafNews28
News56 mins ago

Blake Dair Announces New Managing Partner

SINGAPORE – Media OutReach – 1 December 2020 – Blake Dair Consulting Pte Ltd, the Singapore based front office trading and technology specialist...