News Hub | News Direct

Professional Services

Architecture CRM/Customer Service Consulting Government & Policy Human Resources Intellectual Property/Trademark/Patent Law Legal
Article thumbnail News Release

NAVEX Announces AI-Powered Compliance Assistant

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced NAVEX Compliance Assistant. The initial release of this new AI-powered functionality will offer instant answers to employee questions regarding company policies and procedures delivered in natural language. This functionality makes an organization’s compliance program more accessible and personal for all employees. As part of the NAVEX One GRC Information System, employees interact with NAVEX Compliance Assistant by asking it questions in their own words. The AI-powered Compliance Assistant then searches through a company’s policies and procedures to present a comprehensive answer to the employee’s inquiry. Compliance Assistant applies Large Language Model (LLM) technology to customer-controlled document sets for maximum relevance and accuracy. NAVEX’s secure cloud infrastructure protects document and data privacy. Rich NAVEX Integration Ensures Ease of Use and Data Security The AI-powered NAVEX Compliance Assistant is seamlessly integrated into NAVEX One People Hub, a unified, simplified way for employees to engage with the compliance program. Through People Hub, employees can conveniently report incidents, confirm policy adherence, complete training and disclose information within a user-friendly interface accessible on mobile devices. With the addition of Compliance Assistant, employees, and other authorized parties, can quickly clarify how to follow specific procedures and policies that apply to them. NAVEX Compliance Assistant offers a range of features tailored to meet the needs of organizations of all sizes, including: Intuitive chat interface: Employees can query the system with natural language questions about a policy or procedure of interest and receive prompt, accurate responses. Multilingual access: Users can ask questions and receive answers in 70 languages. Find relevant policies: Employees can easily search for and access relevant, verified policies and procedures, eliminating time-consuming manual searches or the need to reach out across departments to source an answer. Responsive access anywhere: NAVEX Compliance Assistant is accessible via the web and mobile devices, helping employees access critical compliance information from anywhere. Uncompromising privacy and security: NAVEX is committed to safeguarding all data within the systems it manages, including policy and procedure information and employee queries through Compliance Assistant. “Successful organizations turn governance, risk and compliance management into a competitive advantage. It helps prevent mistakes, motivate employees, and promotes confident decision-making,” said Sean Thompson, Chief Executive Officer at NAVEX. “In my years of experience with natural language user interface technology, incorporating it into a GRC program is one of the most exciting applications. Our new AI-enabled Compliance Assistant makes engaging with the compliance program simpler and more intuitive, which in turn makes employees more confident users of the system.” Expert point of view The adoption of AI-powered technologies to facilitate access to compliance-related information can bring great benefits. “Giving employees the ability to quickly and accurately access company policies and procedures fosters a culture of trust and safety with regards to risk mitigation. It also makes the whole process more efficient," said Darren Bradshaw, Chief Audit and Compliance Officer of Stellantis, a multinational automotive company on a journey of transformation into a sustainable mobility tech organization. Stellantis, as a customer of some NAVEX applications, plans to partner with the company to test the usability of this new application. To learn more about the AI-powered NAVEX Compliance Assistant, visit Or, read our blog, “ Artificial Intelligence – The Next Frontier of GRC Management ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 Company Website

May 30, 2023 08:30 AM Eastern Daylight Time

Article thumbnail News Release

The National Anti-Corruption Commission Thailand (NACC) collaborates with Bangkok to combat and reduce corruption in 50 Bangkok’s districts through a strong community project

Integrity Way

BANGKOK, THAILAND - Media OutReach - 29 May 2023 - On May 22, 2023, Mr. Niwatchai Kasemmongkol, Secretary General of The National Anti-Corruption Commission Thailand (NACC), and Mr. Chadchat Sitthiphan, Governor of Bangkok, are jointly co-chair over the activities of a seminar to promote the anti-corruption approach and reduce corruption through the STRONG: Together against Corruption (TaC) or "Strong Community Project for Self-Development in accordance with the Sufficiency Economy Philosophy 2023", fiscal year 2023, a project that the NACC has assisted the Bangkok in managing project transparently Along with making a 403 million baht budget worthwhile. "Strong Community Project for Self-Development in accordance with the Sufficiency Economy Philosophy 2023" is a part of Bangkok's developing city policy. Bangkok has a policy to develop the community to be a livable city by using new management principles. It is the principle of public participation, people can think and solve problems by themselves with the support of the government and private sector, which makes it possible to solve problems in the way that people in the community need. It supports the development of quality of life and community to be strong and self-sufficient. The goal of this seminar is to develop an understanding of the fundamentals for preventing possibility fraud risk as well as collaboration between the NACC and Bangkok Anti-Corruption Operation Center to promote corruption prevention in the Bangkok area, with the goal of upgrading Bangkok to be a capital city that transparent, without bribery and all forms of corruption. There is a target group around 600 people, participating events at the Bangkok Room, Irawat Pattana Building, Bangkok Metropolitan Administration, including executives, NACC officials, Bangkok authorities and the board for creating community development plans at the district level 50 districts, each with ten people, who assisted in the process of giving the funds to communities in the Bangkok, 200,00 baht per community. The activities were attended by 2,014 community representatives from the Bangkok area via an electronic meeting (Zoom Webinar). Following the opening ceremony, there was a discussion about "Preventing the Risk of Corruption in the Implementation of the Strong Community Project for Self-Development in accordance with the Sufficiency Economy Philosophy 2023" by "Mr. Teerat Bangpetch, Director of the NACC's Bureau of Promotion and Integration about Anti-Participating in Corruption", "Mr. Sanyakorn Ounmeesri, Director of the Social Development Office", "Mrs. Chonlathorn Duangsawat, Director of Community Development and Economic Promotion Section", "Mr. Paradorn Na Songkhla, Head of Promotion and Development Community 3" and "Mrs. Amphawan Pukdam, Professional Lawyer, Comptroller General's Department, Ministry of Finance" to discuss the Bangkok Metropolitan Administration's process of operation, criteria and regulations for project implementation. Including the procurement regulations under the Public Procurement and Supplies Administration Act. B.E. 2560 (2017). And lead to responses to questions from stakeholders such as community leaders, Bangkok officials and STRONG-mindedness community network about the risk of fraud in some stages of the project or failure to operate in compliance with the legislation. The speakers collaborating to answer questions and provide best advice to participants both in the meeting room and via the electronic conferencing system. NACC's the Bureau of Promotion and Integration of Anti-Participation Promotion Corruption will summarize the results of this seminar and gathering questions and answers from speakers in order to report to the NACC Secretary-General and the Governor of Bangkok, for sharing and using them as a guideline operating for project operator, communities in Bangkok and the STRONG-mindedness community network to utilize as a framework for operating "Strong Community Project for Self-Development in accordance with the Sufficiency Economy Philosophy 2023",of the fiscal year 2023. The National Anti-Corruption Commission (NACC) The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions. It is authorized to undertake work on the prevention and suppression of malfeasance, particularly in government agencies, on assets investigations, as well as on the monitoring of ethics and virtues of political position holders. It has the authority to file charges in court as well as support and build up awareness of the penalties for committing corruption. The NACC is supervised by the NACC Board and has the Office of the NACC as its administrative agency. Since 1997, Thai Courts have ruled against and punished politicians, former ministers, high-ranking government officials as well as executives of the private sector in the thousands of cases submitted by the NACC. Since 1997, Thai Courts have ruled against and punished politicians, former ministers, high-ranking government officials as well as executives of the private sector in the thousands of cases submitted by the NACC. Contact Details The National Anti-Corruption Commission (NACC) +66 2 528 4800

May 29, 2023 11:00 AM Eastern Daylight Time

Article thumbnail News Release

Laos Government to Promote Digital Transformation with Blockchain Technology


The Laotian government and blockchain experts held the first Ministerial Conference on Blockchain 4.0 Digital Transformation on May 26, 2023, at the National Convention Center in Vientiane, the capital of Laos. The conference, chaired by Laotian Prime Minister Sonexay Siphandone, was attended by leaders from the main economic departments. The meeting primarily discussed how to advance the digital transformation of Laos using digital technology, and for the first time, presented the theory of Blockchain 4.0 to the world, advocating for open collaboration and global co-construction, and boosting Laos' potential to be a builder and beneficiary of the global digital world order through national digital operations. Prime Minister Sonexay Siphandone stated that in order to achieve the ninth five-year plan for national economic and social development, Laos must vigorously develop and utilize blockchain technology to digitize various government tasks and apply it extensively to administrative management and public services. The Laotian Minister of Technology, Boveingkham Vongdara, said that Laos faces opportunities and challenges brought about by Industry 4.0 and needs to use blockchain technology to transform production and service methods. To promote the digital transformation of Laos, the Ministry of Technology has signed a cooperation agreement with Singapore's MetaBank, planning to establish a blockchain technology research and development center and develop talents. The conference set goals for Laos's digital economy development, including utilizing digital technology to create new fiscal revenue, increase foreign exchange reserves, reduce inflation, achieve sustainable economic growth, improve living standards, and enhance international competitiveness in the short term. The meeting also proposed the establishment of a Blockchain Technology Transformation Committee, responsible for the legal compliance and legislation related to the digital economy. Experts attending the meeting stated that blockchain technology could help developing countries achieve "leapfrog development". Building a digital nation is divided into four stages: deploying digital infrastructure, deploying cybersecurity infrastructure, supporting the digitalization of various industries, and building a "digital brain". Developing countries should focus on open collaboration, use borderless blockchain technology to attract talents, and create "netizen citizens". Professor Bill Roscoe shared his perspective, asserting that blockchain technology serves as the driving force propelling us towards a digital civilization. How can ordinary people accept or understand the digital world? It needs to be promoted through the introduction of products and services. Specifically, a controllable platform is needed to ensure that citizens, enterprises, and the government abide by laws and regulations. Blockchain can establish a very effective platform and achieve the best balance and integration between different applications and jurisdictions through the integration of new languages and technologies. "Digital civilization is the inevitable path for the future development of society, and blockchain will become the 'cornerstone' of building digital civilization." MetaBank's founder and chairman, Frank Sui, believes that blockchain technology can help developing countries "overtake on a bend". MetaBank's mission is to serve as the leading solution partner for developing countries using blockchain technology, accelerating the transformation of developing countries towards digital civilization, improving the GDP and living standards of developing countries, and building a digital civilization on the three main pillars of digital financial infrastructure, digital asset tokenization platform, and digital society. Blockchain expert Zhu Jiawei believes that the construction of a digital nation has entered the fourth stage. Developing countries should focus on open collaboration, use universal borderless technology, attract technical talents, and create "netizen citizens". When Zhu Jiawei attended the Blockchain 4.0 Conference, he discussed the construction path of a digital nation, which is divided into four levels: (1) deploying digital science and technology infrastructure, (2) deploying physical and cybersecurity facilities to safeguard the development of the digital economy, (3) supporting the digitalization of various industries to keep up with the pace of the times, (4) building a digital brain through artificial intelligence technology to realize intelligent management from cities to national level. D11 Labs co-founder Lily Zhang believes the world is in the midst of the fourth open revolution, with openness, co-construction, sharing, prosperity, and new order as keywords. Laos can use blockchain technology to gain a development advantage and achieve leapfrog development. Laos should become the first country in the world to fully transform digitally, redefine its role in the global order, gain order-setting advantages, and help improve the lives of the Laotian people. The Lao government is determined to transform through blockchain technology, demonstrating the importance of the digital economy. This conference reflects the foresight and determination of the Lao government in the development of the digital economy. The government will play a key leadership role, establish a national digital transformation committee, and promote and supervise the implementation of related policies. Laos welcomes all sectors to participate in the development of the digital economy. In the future, Laos will become a model of blockchain technology application, leading the development of the new digital society. Contact Details Jasmine +65 8302 6504 Company Website

May 29, 2023 06:00 AM Eastern Daylight Time

Article thumbnail News Release

Velocity Global Announces New Product Enhancements and Technology Integrations as Demand for Global Hiring Increases

Velocity Global

DENVER, May 25, 2023 — Velocity Global, the world’s expert on work, today announced new platform updates to improve the customer experience, accelerate the hiring process, and help companies more strategically meet escalating hiring demands and complexities. In addition to a more seamless, intuitive user experience and improved onboarding management, customers will also have access to a new technology integration with leading HR platform Lever. The integration allows HR managers and leaders to hire globally faster while also giving them full visibility into the employee lifecycle without having to interface with multiple systems. These updates are rooted in years of expertise and unmatched collective experience in international hiring, global expansion, and distributed workforce management and represent ongoing investments to the company’s technology platform. They are also indicative of Velocity Global’s mission to make it easier for companies of all sizes and at any stage of growth to compliantly hire, pay, and manage talent across more than 185 countries with the click of a button. Intuitive Design and Improved Onboarding Management Velocity Global’s platform combines its industry-leading accuracy and attention to detail with speed and automation. With new enhancements that include a more intuitive design and navigation, customers will enjoy further reduced time to hire and onboard talent through a more seamless experience and increased visibility into their global workforce. Furthermore, updates to the onboarding management process streamline the quoting and employment agreement experience for hiring managers in two ways. First, customers will now have self-service options that exponentially decrease the time to extend employment contracts. Second, new contract management features save HR managers time and logistical back and forth. Customers can now leverage in-app onboarding forms, automated contract review and approvals, and secure contract signatures for a more frictionless contract management experience. 360° View of the Customer Lifecycle with Lever Leading talent acquisition platform, Lever, joins Velocity Global’s extensive ecosystem of HR platforms - including applicant tracking systems (ATS) like Greenhouse and human resources information systems (HRIS) like Namely, BambooHR, and HiBob - that allow our customers to expand their global operations with minimal administrative burden. Lever provides a unique recruitment tool that streamlines the way businesses identify, engage, and hire top candidates. By integrating seamlessly with the Velocity Global Work Platform™, HR leaders and hiring managers can scale a seamless hire-to-onboard experience globally. In addition to automating international onboarding, Lever provides a range of features for job posting, application tracking, candidate communication, and reporting. In full, Lever’s integration gives customers: Better visibility with a 360-degree view of the employee lifecycle from recruitment to compliance and HR Better analytics through a myriad of analytical staffing reports, from diversity recruitment to time to hire Increased efficiency through less copying and pasting of data from the applicant tracking system (Lever) into the Global Work Platform™ Reduced errors related to manual data entry “Having a strong track record in compliance and in-depth local expertise is non-negotiable for EOR providers. However, buyers in the fast-evolving EOR space are increasingly looking for an integrated global technology platform that provides a one-stop-shop for talent and employers,” said Jeanine Crane-Thompson, Principal HR Analyst at NelsonHall. “Enhancing the user experience through integrations with key HR technologies that cover the full employee lifecycle will be a critical differentiator for EOR providers. This provides forward-thinking HR departments with a solution to easily and quickly support broader strategic initiatives, geographic expansion, and business growth plans.” “At Velocity Global, we are driven by proactive problem-solving for our customers and providing a first class solution that handles the complexity of global employment while simultaneously being easy to use,” said Liz Li, Chief Product Officer at Velocity Global. “As the demand for hiring across borders increases, we are committed to innovating on behalf of our customers to meet this urgency and demand. This is just the beginning of what is to come. We’re excited to roll out more product enhancements and updates in the coming year, turning a global workforce into a competitive advantage for our customers.” These new product enhancements and the Lever technology integration is available today to all Velocity Global customers. For more information, visit About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, and manage talent anywhere. With Velocity Global, the world is yours. Contact Details Media Contact Company Website

May 25, 2023 11:32 AM Mountain Daylight Time

Article thumbnail News Release

Asure Software's (NASDAQ: ASUR) Impressive Q1 2023 Financial Results Raise Guidance and Analyst Estimates For 2023

Spotlight Growth/ASUR

In the dynamic landscape of cloud-based Human Capital Management (HCM) solutions, one company stands out with its impressive financial performance and strategic growth initiatives. Asure Software, Inc. (NASDAQ: ASUR) has kicked off 2023 with a bang, delivering a stellar first quarter that not only surpassed expectations but also set the stage for an exciting year ahead. Let's delve into the details of Asure's Q1 2023 financial results, its strategic partnerships, and the bullish response from Wall Street analysts. ASUR Financial Highlights Asure reported revenue of $33.1 million for Q1 2023, marking a 36% increase from the same period in the previous year. The company's recurring revenue also saw a substantial rise, reaching $28.0 million, up 22% from Q1 2022. The company's net income stood at $0.3 million, a significant improvement from the previous year's first quarter, showing a $3.4 million increase. EBITDA was reported at $6.8 million, up $4.3 million from Q1 2022, and adjusted EBITDA was $8.2 million, up $4.8 million from the same period in the previous year. Gross profit for the first quarter was $24.4 million, a 58% increase from Q1 2022. Non-GAAP gross profit was $25.7 million, with a margin of 78%, compared to $16.7 million and a margin of 68% in Q1 2022. Business Developments and Partnerships Asure has been actively expanding its business operations and partnerships. The company has partnered with Harbor Compliance to simplify federal, state, and local tax registrations and business licensing. This initiative, powered by AsureMarketplace, aims to reduce administrative burdens for customers by providing a seamless solution for tax payroll registration and compliance with multi-state entity registration requirements. In addition, Asure has announced an integration with ZayZoon to provide on-demand wages to employees of Asure’s payroll customers. This collaboration allows employees of small businesses to access their earned wages instantly, promoting financial wellness and providing their employers with a distinct competitive advantage for recruitment and retention. Raised Financial Targets and Guidance Asure has also raised its financial targets and guidance for 2023, reflecting the company's confidence in its growth trajectory. The company's first-quarter results, characterized by a 36% year-over-year revenue growth and strong gains in operating margins, are the result of targeted sales initiatives and the positive reception of increased offerings in AsureMarketplace. ASUR Chairman and CEO, Pat Goepel, stated that the company is investing in the business to enhance the differentiation of its solutions by introducing new products and improving user experiences. The company plans to continue working with current and prospective clients to remain intentional with the integrations that they release. ASUR: Analysts Bullish Response To The Strong Quarter Wall Street analysts have been very active with their updates after Asure’s Q1 2023 financial results. The company now holds a total of seven "strong buy" ratings and an average twelve-month price target of $19.83, which implies an additional upside of over 53% from its current price. Here is a breakdown of each analyst's rating and price target for ASUR: Vince Collicio of Barrington reiterated his “buy” rating with a $17.00 price target Joshua Reilly of Needham reiterated a “buy” rating with a $20.00 target Eric Martinuzzi of Lake Street assigned shares with a “buy” rating and a $19.00 target Bryan Bergin of TD Cowen reiterated a “buy” with a $19.00 price target Richard Baldry of Roth MKM maintains a “buy” rating with the most bullish price target of $25.00 An analyst from Northland Securities initiated the stock with a “buy” and a $19.00 target Jeff Van Rhee of Craig-Hallum continues to maintain a "buy" rating and has a $18.00 price target Conclusion The first quarter of 2023 has been a period of significant growth and expansion for Asure Software, Inc. The company's financial results demonstrate a strong performance with substantial increases in revenue, net income, and gross profit. Asure's strategic partnerships and integrations, such as those with Harbor Compliance and ZayZoon, are expected to further enhance its service offerings and customer experience. The company's raised financial targets and guidance for 2023 reflect its confidence in its growth trajectory and the effectiveness of its targeted sales initiatives. Asure's commitment to investing in its business and enhancing its solutions is a promising sign for its future. The bullish response from Wall Street analysts further underscores the positive outlook for ASUR. With seven "strong buy" ratings and an average twelve-month price target indicating a potential upside of over 53%, the consensus is that Asure is well-positioned for continued success. In conclusion, Asure Software's impressive Q1 2023 financial results, strategic business developments, and positive analyst coverage paint a picture of a company on a strong upward trajectory. As Asure continues to innovate and expand its offerings, it is poised to further solidify its position as a leading provider of cloud-based Human Capital Management software solutions. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated four thousand dollars cash by Asure Software for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: The Post " Asure Software's (NASDAQ: ASUR) Impressive Q1 2023 Financial Results Raise Guidance and Analyst Estimates For 2023 " First Appeared On Spotlight Growth. Contact Details Asure Software, Inc. Spotlight Growth

May 25, 2023 05:45 AM Pacific Daylight Time

Article thumbnail News Release

National Association of REALTORS® Housing Market Update: Spring Homebuying Season Shows Steady Demand


A video accompanying this announcement is available at: With the spring buying season in full swing, many Americans are contemplating whether it’s a good time to buy or sell a home. Higher mortgage rates and relentless competition for the few houses on the market are some of the many reasons sellers and buyers should work with an agent who is a REALTOR® to find the right home and negotiate the terms of sale. In fact, according to NAR: Overall, home sales are trying to recover, but they’re heavily influenced by interest rates. Existing-home sales will drop 9.3% this year compared to 2022 but will increase by 15.4% next year. The typical seller receives 3.1 offers on their home, and 33% of homes are selling above list price. NAR expects prices will stabilize, dropping 1.8% this year before improving 2.8% in 2024. Median existing-home prices will mostly stabilize – with the national median existing-home price decreasing by 1.8% in 2023, to around $380,000. Sales in the second half of the year should be notably better than the first half as job gains continue and more favorable mortgage rates are expected. Housing inventory is also expected to remain tight in 2023, with housing starts below historical averages. However, housing starts will increase by 6.9% in 2024. As the market continues to shift, it is important to consult an expert real estate agent who can provide essential guidance to help consumers navigate the homebuying and selling process. In fact, 91% of homebuyers say they would engage their agent again or recommend them to others. Agents who are REALTORS® not only help people achieve the dream of homeownership but also help them create long-term wealth and financial stability for their family. Over the past decade, the median-priced home in the U.S. gained nearly $200,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter. Additionally, homeowners who benefited from home price appreciation in the last decade saw their debt decrease by 21%. If you’re looking for a REALTOR ® in your area, visit Contact Details YourUpdateTV +1 212-736-2727

May 24, 2023 02:00 PM Eastern Daylight Time

Article thumbnail News Release

Charge Against Berkshire Hathaway Shareholder Dropped

National Legal & Policy Center

Today, Peter Flaherty, Chairman of the National Legal and Policy Center issued the following statement: "The trespassing charge has been dropped, but I never should have been arrested. Nor should I have been handcuffed, fingerprinted, brought to jail, and detained for three hours. Berkshire Hathaway’s silencing of me is an ominous precedent for the rights of shareholders in public companies that cannot be allowed to stand. I did not just wander into the Berkshire shareholders meeting, nor did the incident occur during a question-and-answer session. I was a scheduled speaker, whose name appeared on the agenda, to speak in support of Proposal #8 for an independent chair. The proposal appeared in the proxy and for weeks shareholders had been voting on it. It was the subject of a detailed proxy memo we filed with the Securities and Exchange Commission on April 21. As far as I know, the arrest of a shareholder during a proposal presentation has never before occurred at the annual meeting of a public company in the United States. Shareholder activists of the past such as Wilma Soss (the basis for the Carol Burnett “cleaning lady” character) and Evelyn Y. Davis often challenged and certainly annoyed CEOs, but their microphones were never cut and they were certainly never arrested. I have spoken at the annual meetings of dozens of public companies over the past 19 years. My demeanor at the Berkshire meeting was no different from any other. There was no reason to throw me out except that I came too close to the truth. Additional revelations about Bill Gates and Jeffrey Epstein since the meeting confirm the importance of the issue I sought to raise, namely the reputational risk to Berkshire Hathaway by having one individual hold both the Chairman and CEO positions, especially if that person is so closely identified with particular causes and personalities. The whole point of the shareholder proposal process is to allow shareholders critical of management an avenue to change corporate policy. To simply silence and arrest a shareholder who disagrees with management stands the whole concept of having public shareholders on its head. If Warren Buffett thinks that since he owns 15% of Berkshire shares, that he can act with impunity, he is mistaken. Shareholders have rights, and I intend to enforce mine." Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 Company Website

May 24, 2023 10:00 AM Eastern Daylight Time

Article thumbnail News Release

Shareholder to Demand Greater Transparency from McDonald’s, Walmart About Business Risks in China

National Legal & Policy Center

As shareholders are set to attend annual meetings over the next week for McDonald’s Corporation and Walmart Inc., National Legal and Policy Center will ask fellow investors to support its proposals to provide greater transparency about the companies’ risks of doing business in China. NLPC will present “Communist China Risk Audit” proposals at the meetings, which seek reports to shareholders that address “the nature and extent to which corporate operations depend on, and are vulnerable to, communist China….” The McDonald’s proposal is No. 7 on Page 93 of the company’s proxy statement. For Walmart, NLPC’s proposal is No. 11 on Page 116 of its proxy statement. Both companies oppose NLPC’s proposals. In response, NLPC filed rebuttals at the Securities and Exchange Commission in support of its resolutions to be considered at the McDonald’s meeting, to be held May 25, and at Walmart’s meeting, scheduled for May 31. Read NLPC’s SEC filing for McDonald’s here, and for Walmart here. NLPC’s report to the SEC on McDonald’s outlines some of the risks inherent in doing business in China, and notes: McDonald’s 2023 first quarter [report] states that “(financial) results reflected strong operating performance across the (International Developmental Licensed Markets & Corporate) segment, led by Brazil and China.” China is a clear driver of McDonald’s business performance, making its reliance on China a critical risk, as there are a number of factors that could harm the company The United Nations calls on companies to “provide information that is sufficient to evaluate the adequacy of an enterprise’s response to the particular human rights impact involved.” If McDonald’s is being “guided” by this principle and is already discussing significant risk exposures using “robust risk management program,” then a report…should be easy to deliver and provide investors with meaningful insights. An excerpt of NLPC’s filing for Walmart states: The magnitude of its risk in China is not comparable to the general business risks (already) disclosed by Walmart, many of which are indistinguishable from the disclosures made by other public companies. China-specific risks are present across many parts of Walmart’s business… Walmart has invested a considerable amount in its Chinese infrastructure. Thus, potential disruptions due to political, economic, regulatory, or health issues could negatively impact Walmart’s investments in the region. China is McDonald’s second-largest market, with more than 5,000 restaurants representing nearly 13 percent of its total locations. The communist nation is Walmart’s fourth-largest market, behind the United States, Central America, and Canada, with 365 stores representing nearly seven percent of its international locations. “Considering the extent of revenue generated and supply chain that is dependent on China, McDonald’s and Walmart owe their shareholders more transparency and specificity about their respective risks in the extensive amount of business they do there,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Between human rights atrocities and Chairman Xi Jinping’s saber-rattling against Taiwan, the feasibility of continuing operations there may be tenuous. We urge their boards of directors to disclose more.” Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or Please visit Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 Company Website

May 24, 2023 09:30 AM Eastern Daylight Time

Article thumbnail News Release

‘Ready for Ron’ Now ‘Ready to Win’

Ready for Ron

For more than a year, Ready for Ron, an independent group working to Draft Florida Governor Ron DeSantis to run for President, actively built support for his candidacy. A petition with more than 250,000 signatures (and a lawsuit against the Federal Election Commission to share it) tens of thousands of TV and online ads, along with millions of phone calls, mail pieces, and emails, and a grassroots and coalitions program has done its job - Governor Ron DeSantis is expected to soon announce he’s running for President. With Governor DeSantis about to become an official candidate, Ready for Ron is changing its name to ‘Ready to Win’ to reflect its singular mission to nominate and elect Ron DeSantis to win in 2024. “We spent an entire year running thousands of TV ads, millions of mailings, and tens of millions of online, email, and social connections to drive the narrative – Ron DeSantis will be our next President,” stated Ed Rollins, Ready to Win’s Chief Political Strategist. “We built an infrastructure. We completely changed the discussion. With a quarter million petition signers calling for him to run we are thrilled that we see our goal achieved - Ron DeSantis entering the Presidential race. He may well be the only leader who can defeat Joe Biden.” In addition to its outreach and engagement initiatives, Ready for Ron worked with Impact Social to analyze the online and social media discussion in relation to Ron DeSantis and Donald Trump among swing voters. The data clearly and consistently shows Ron DeSantis can beat Joe Biden, and Donald Trump simply can’t. Additional data research with multiple vendors covering more than 19 million voters affirms these findings. “Winning the nomination and the general election requires us all to work together to build this movement and save our nation,” stated Ready to Win Counsel, Dan Backer. “Our groundbreaking research debunked the bad polling plaguing Republicans for more than eight years. Using cutting edge massive data monitoring proves what everyone already knows - Donald Trump’s supporters are loyal and loud, but confined to only a sliver of the population that cannot grow. Moderate, swing, and independent voters are not coming back to Trump, ever, and he cannot possibly win the general Election – Ron DeSantis can.” “Voters young and old both know Governor DeSantis has a proven track record of standing up for America’s values. He is committed to defending the rights of parents, getting inflation and government spending under control, and solving the problems the radical left is causing. He dares to say no to the bullies, no matter how powerful they may seem. He can deliver safe streets, sane schools, and a soaring economy,” stated Gabriel Llanes, Executive Director of Ready to Win. “DeSantis is much more than a politician with savvy instincts; he is a public servant through and through. No ego to get in the way because he is about results.” “We will continue our ground-up grassroots efforts in key primary states, doing the hard work to train and mobilize a volunteer army to nominate, and elect, our next great American president,” Rollins continued. We feel DeSantis is well prepared to be the candidate to win the Republican nomination and beat President Biden. We are officially, Ready to Win!” ### For more information or to schedule an interview with a Ready to Win spokesperson, please contact Dan Rene at 202-329-8357 or Contact Details Ready to Win Dan Rene +1 202-329-8357 Company Website

May 23, 2023 02:50 PM Eastern Daylight Time

1 ... 1011121314 ... 156