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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of AstraZeneca PLC (AZN) on Behalf of Investors

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Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of AstraZeneca PLC (AstraZeneca or the Company) (NASDAQ: AZN) investors concerning the Companys possible violations of the federal securities laws.

If you suffered a loss on your AstraZeneca investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/astrazeneca/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

On November 23, 2020, AstraZeneca announced the results of an interim analysis of its ongoing clinical trials for AZD1222. Though the Company claimed that the drug candidate was highly effective in preventing COVID-19, the primary endpoint of the trials, AstraZeneca disclosed that the interim analysis involved two smaller scale trials in different locales that used two different dosing regimens. One clinical trial provided patients a half dose of AZD1222 followed by a full dose, while the other trial provided two full doses. AstraZeneca contradictorily claimed that the half dosing regimen was substantially more effective at preventing COVID-19 at 90% efficacy than the full dosing regimen, which had achieved just 62% efficacy. The Company noted the combined average efficacy of 70% among two trials.

The unexplained discrepancies, omissions and the need for multiple trials in separate locales raised red flags for investors and distinguished AstraZenecas trial procedures from those of other biopharmaceutical companies, such as Pfizer and Moderna.

On this news, the price of AstraZenecas American Depositary Shares (ADSs) fell $2.10, or 5%, over three consecutive trading sessions to close at $52.60 per ADS on November 25, 2020.

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Whistleblower Notice: Persons with non-public information regarding AstraZeneca should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].

About GPM

Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPMs nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPMs lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPMs attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPMs past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barrons, Investors Business Daily, Forbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los Angeles

Charles H. Linehan, 310-201-9150 or 888-773-9224

1925 Century Park East, Suite 2100

Los Angeles, CA 90067

www.glancylaw.com

[email protected]

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Cult AOR Band Valentine Release New Single, “SANDY” Through 20th Century Music

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NEW YORK, Feb. 26, 2021 /PRNewswire-PRWeb/ — New York City early 90s AOR heroes VALENTINE led by one of the most loved voices in music, courtesy of Hugo Valenti, have released “Sandy,” the first single from their upcoming collection Demos from the Attic and it can be downloaded from here.

The Demos from the Attic collection comes two decades after the quartet's much loved debut surfaced on Giant / Reprise Records in 1990. Recording began after the touring cycle for that record was completed and continued throughout 1991. Guitarist Adam Holland explains, “We bought an 8-track recorder, a small console and some speakers, and start putting together the demos for the next record. We produced and mixed them all ourselves in Neil's parent's basement and my parent's basement. We recorded so many ideas because we didn't know which ones would go the distance.”

The band members weren't even aware that between them they had so much available material. Bassist Gerard Zappa says, “When the label approached us about this idea, I had already moved houses and I had packed crates of cassettes and DAT tapes. But I had stored a lot of them at my sister's. I had to ask her to rummage through the crates as I was in a different city. I had to explain the difference between a regular cassette and a DAT so she knew what she was looking for. It was due to her patience and persistence that I was able to dust off so many songs that we are proud of to this day.”

As for the future of the band, they will continue to reunite for the occasional show every now and again – as they did last year for a very special occasion alongside their friends in Night Ranger, Danger Danger and Trixter – with no “big plans” on the cards. But, according to keyboardist Craig Pullman, “even though we do not play as the band Valentine we are all still close. And as you know, Gerard, Adam and I still play together with the Steve Augeri Band. As for Valentine. anything is possible given the right circumstances.”

Media Contact

Dave Tedder, VALENTINE, 702.301.5212, [email protected]

 

SOURCE VALENTINE

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illycaffè Announces Closing Of Strategic Investment By Rhône Capital

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LONDON, Feb. 26, 2021 /PRNewswire/ — In accordance with the agreement signed on November 21st 2020, illycaffè S.p.A., announced today the completion of the sale by Gruppo Illy of a 20% stake of illycaffè S.p.A., a leading global premium coffee brand, based in Trieste, Italy to affiliates of Rhône Capital (together with its affiliates, “Rhône”), a global private equity firm with a focus on investments in businesses with pan-European, North American or transatlantic presence.

illycaffè chose Rhône as its strategic partner to lead the Company into its next phase of international growth, particularly in the US. The partnership with Rhône represents another key milestone to further strengthen the Company's platform and provide resources to execute the long-term plans for the business, which could include a potential future listing.

Rhône was chosen for its ability to contribute to illy's international footprint expansion, particularly in the US, and will serve as a resource to further strengthen the Company's platform in executing its growth plans. The partnership with Rhône represents another key milestone on the path to firmly establishing illycaffè as a management-led company underpinned by the continued solid strategic vision of the family. This strategic decision will further solidify the global leadership position of illycaffè and complement the generational transition that has already begun with the appointment of the fourth generation of the Illy family to the Board of Directors, who enthusiastically approved this new partnership.

Interview opportunities with:

  • Massimiliano Pogliani CEO of illycaffè
  • Andrea illy, Chairman of illycaffè

Logo – https://mma.prnewswire.com/media/1445442/illy_Logo.jpg

 

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Western Midstream To Participate In Credit Suisse, Morgan Stanley, And J.P. Morgan Conferences

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HOUSTON, Feb. 26, 2021 /PRNewswire/ — Today Western Midstream Partners, LP (NYSE: WES) announced that Michael Ure, President, Chief Executive Officer, and Chief Financial Officer, will participate in a question and answer session at the Credit Suisse 26th Annual Energy Summit, on Monday, March 1, 2021 at 3:20 p.m. EST. A live webcast and replay will be available on Western Midstream's website at www.westernmidstream.com.

On March 2, 2021, Craig Collins, Senior Vice President and Chief Operating Officer, and Charles Griffie, Senior Vice President, Operations and Engineering, will take part in one-on-one sessions at the Morgan Stanley Energy and Power Conference.

On March 3, 2021, Scott Peterson, Vice President and Treasurer, will participate in one-on-one sessions at the J.P. Morgan 26th Annual Global High Yield and Leveraged Finance Conference.

To provide additional insight related to fourth-quarter results, an interview with Michael Ure will be posted on Western Midstream's website at www.westernmidstream.com after-market close Wednesday, March 3, 2021.

ABOUT WESTERN MIDSTREAM
Western Midstream Partners, LP (“WES”) is a Delaware master limited partnership formed to acquire, own, develop, and operate midstream assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas, and New Mexico, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells natural gas, natural-gas liquids, and condensate on behalf of itself and as an agent for its customers under certain contracts.

For more information about Western Midstream Partners, LP, please visit www.westernmidstream.com.

WESTERN MIDSTREAM CONTACTS

Kristen S. Shults
Vice President, Investor Relations and Communications
[email protected] 
832.636.6000

Abby Dempsey
Investor Relations Supervisor
[email protected] 
832.636.6000

(PRNewsfoto/Western Midstream Partners, LP)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/western-midstream-to-participate-in-credit-suisse-morgan-stanley-and-jp-morgan-conferences-301236228.html

SOURCE Western Midstream Partners, LP

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