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Angi 2023 Home Improvement Trends According to Angi

YourUpdateTV

As we head towards the end of the year, it’s the perfect time to reflect on the year that was and start to plan for the year ahead. Recently, Angie Hicks from Angi (formerly Angie’s List) participated in a nationwide satellite media tour to discuss the top improvement trends from 2023 and a sneak preview at what to expect next year from Angi’s annual State of Home Spending report. A video accompanying this announcement is available at: https://youtu.be/kDalzLjKHms Overall, homeowners increased spending on their home in 2023 and spending on home improvement grew 6% to $13,667 with homeowners completing an average of 11.1 projects per household in 2023. Homeowners continue to show us that they love their homes and want to maintain them and invest in them. This year, homeowners took on a lot of projects to make their homes suit their needs and fit their lifestyles. Homeowners’ top projects run the gamut from the important work of making sure that your home is well maintained to projects that make your space fit your lifestyle like bathroom remodels and interior painting. Looking forward, we expect homeowners to continue prioritizing their homes and investing in improvement and maintenance projects. As we start thinking about our resolutions for 2024, make sure to include your home in your plans. A little planning and budgeting now can save you time and stress in the new year. It’s always great to start with a list of things that you really want to do around your home and the things that you need to do to make sure your home is properly maintained. For example, remodeling a bathroom might be high up on your list of projects for 2024, but you know that your HVAC system could also use some maintenance. If you’re not sure what maintenance you need to tackle on your home, Angi has some great resources for regular maintenance that you should be up to date on each year. In order to stick to your budget, keep up with regular maintenance. This will help to prevent unexpected emergency spending that will blow your whole budget - also planning for emergency spending that might inevitably pop up due to weather events, etc. will also help prevent you from having to borrow from your improvement fund for the projects you really want to tackle. For more information, visit Angi.com About Angie Hicks Since 1995, Angie Hicks has been dedicated to helping consumers get the real scoop on local service companies and health providers. Inspired by the frustrations her co-founder had trying to find reliable contractors in suburban Columbus, Ohio, she started Angie's List 'now Angi' to help homeowners find who they should hire and who they should avoid. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 20, 2023 03:52 PM Eastern Standard Time

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NLPC Files SEC Complaint Against Warren Buffett and Berkshire Hathaway for Having Shareholder Arrested During Annual Meeting For Mentioning Jeffrey Epstein

NLPC

National Legal and Policy Center (NLPC) filed a Complaint with the Securities and Exchange Commission (SEC) today against Warren Buffett and Berkshire Hathaway for silencing and ordering the arrest of the group’s chairman, Peter Flaherty, at the company’s shareholders’ meeting on May 6, 2023 At the meeting, Flaherty spoke in favor of NLPC’s shareholder proposal for an independent chairman. Buffett is currently both Chairman and CEO. Flaherty cited the reputational risk to the company posed by Warren Buffett’s close identification with Bill Gates and the Bill & Melinda Gates Foundation and its “woke” policies to which Buffett has contributed tens of billions. Flaherty pointed to Gates' association with Jeffrey Epstein, even after Epstein had been convicted of sex crimes against minors. From the Complaint: We hereby request that the Securities and Exchange Commission (SEC) initiate a formal investigation, including the issuance of subpoenas, and take appropriate administrative and civil enforcement action against Berkshire Hathaway Inc. (Berkshire), Warren Buffett, its Chairman and CEO, and other Berkshire officers and agents, for their unlawful conduct during the annual shareholders’ meeting in Omaha, Nebraska on May 6, 2023. During his authorized and SEC-mandated presentation in support of Proposal No. 8 for an independent chair, Peter Flaherty, Chairman of the National Legal and Policy Center (NLPC), was interrupted by a Berkshire executive, had his microphone cut, and was arrested for trespassing because Warren Buffett, its CEO and Chairman, did not like what Mr. Flaherty had to say in support of NLPC’s proposal. In addition to imposing appropriate sanctions, the SEC should issue a cease and desist order against Berkshire from prematurely terminating NLPC’s and any other shareholder’s presentation at future annual shareholder meetings Events since the arrest have confirmed the importance of the issue. Last weekend, the Wall Street Journal published a lengthy story with new details about Epstein’s interactions with Gates and other wealthy individuals. On Monday, a federal judge ensured that the issue will stay alive in the new year when she ordered that the names of Epstein associates be made public. From the Complaint: NLPC further requests that the following enforcement and remedial actions be taken to ensure that NLPC’s rights as shareholders in the Company are protected and to remediate the violation of the rights of all other shareholders that took place by depriving them of the right to hear Mr. Flaherty’s statement supporting the proposal on May 6, 2023: Declare that Berkshire’s actions cutting off the mic of Mr. Flaherty before his allotted three-minutes to speak expired, having him expelled from the annual meeting, and subsequently arrested, constitute a violation of SEC’s rules and policies designed to protect shareholder rights. Order Berkshire to issue an apology on its website to NLPC and Mr. Flaherty for cutting his mic and having him arrested. Order Berkshire to post a video of Mr. Flaherty’s full uninterrupted three-minute prepared remarks on Berkshire’s website for at least three years, along with a written transcript. Issue a Cease and Desist Order that Berkshire shall refrain from prematurely terminating the oral presentation of Mr. Flaherty and any other proponent for an authorized shareholder proxy proposal or interrupting, harassing, or having them expelled from the meeting or arrested at future meetings as long as their presentation is in within the allotted time given by the company. Any and all other relief that the Commission deems just and appropriate. Click here for the Complaint. Click here for Complaint Exhibits. The Complaint includes links to three videos that together provide a complete account of what took place. What Flaherty said before his mic was cut: https://www.youtube.com/watch?v=egy8kpUaOIY Security moves in on Flaherty: https://www.youtube.com/watch?v=RQOx7FAAGbU&t=0s The arrest: https://www.youtube.com/watch?v=ErHXIrDNz14 NLPC Counsel Paul Kamenar, who submitted the Complaint, concludes: "Berkshire’s and Mr. Buffett’s actions are an ominous precedent for the rights of shareholders that cannot be allowed to stand. We believe that the silencing and arrest of a shareholder during their presentation on behalf of their proposal at the annual meeting of a public company in the United States is unprecedented, should be sanctioned, and should not allowed to be repeated." NLPC has already filed a proposal on the risks of Berkshire’s business in China for the 2024 annual meeting. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

December 20, 2023 02:00 PM Eastern Standard Time

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Aniview Becomes Google Certified Publishing Partner

Aniview

Aniview, a global provider of video advertising technology and monetization solutions, has been awarded Google Certified Publishing Partner (GCPP) status. The Google Certified Publishing Partner program is an exclusive network of advertising technology businesses that gives publishers and advertisers the confidence to know that they're working with an expert in the field. Entry into the program is granted to partners with a proven track record of helping publishers succeed. “This certification further solidifies Aniview as a credible Google partner and innovator, cementing Anview’s industry reputation for providing publishers and advertisers with advanced video advertising solutions that propel their businesses forward,” said Alon Carmel, Chief Executive Officer, Anview. “With this prestigious recognition from Google, Aniview is eager to continue its mission in powering the most efficient and effective advertising across the open web with unrivaled product versatility, open transparency, and customer support.” Aniview joins the program having demonstrated continued success in developing customized end-to-end video advertising solutions, including video player, video ad server, content management system, mobile SDK, and monetization marketplace for online video and CTV/OTT formats. As publishers face mounting headwinds in generating incremental revenue, Aniview has adapted its product stack to better serve the needs of the publisher ecosystem, including AI-based programmatic monetization capabilities. For more information on Aniview, visit www.aniview.com. About Aniview Aniview is a global adtech and media company whose platform is playing an increasingly central role in delivering efficient and effective video advertising across the open web. The company’s end-to-end solutions are highly flexible and transparent, and they operate on desktop, mobile, in-app, connected TV and over-the-top formats. Aniview’s patented video player technology, high-performance ad server and video marketplace provide flawless video delivery to over 200,000 publishers worldwide and power many of the world’s largest web publishing groups. Founded in 2013, Aniview now delivers, on average, 15 billion ad impressions per month. Contact Details Aniview Vaibhav Pandey info@aniview.com

December 18, 2023 08:15 AM Eastern Standard Time

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Reflection Analytics Launches Digital Platform for Comprehensive ESG Audit and Analysis

Reflection Analytics

Reflection Analytics, a technology company delivering ESG investment evaluation, reporting and advisory services, announced today that it has launched Reflect—the first and only platform for investor-focused ESG analysis, serving asset managers, financial advisors, and investors/institutions across six key areas: advisory, due diligence, compliance, portfolio management, auditing and reporting. Launched just two months after the SEC expanded Rule 35d-1, the “Names Rule,” to include ESG terms, Reflect is the market’s only “Names Rule"-compliant software, providing an investor-focused rating that scores companies across 250 data points in 18 ESG sub-themes while also offering asset managers a portfolio management tool to ensure continuous compliance. Under the SEC’s expanded rule, asset managers have 24 months to begin reporting on their alignment, demonstrating that 80% of their investments are in securities that reflect the terms in their name, or risk regulatory fines and fees. Unlike other ESG rating companies, which focus on only financial materiality and from the corporation’s management perspective, Reflect assesses companies from the perspective of an investor’s understanding and reasonable expectations. “The big ESG ratings agencies aren’t evaluating companies from the investor’s perspective—which the expanded SEC ‘Names Rule' requires—but rather are looking at them from a corporate management perspective, which is a real problem,” said Jason Britton, Founder and Chief Executive Officer of Reflection Analytics. “With existing rating methodologies, a company like McDonald’s could have a higher ESG rating than a business focused on reducing greenhouse gases and cleaning up waste. With Reflect, asset managers have, for the first time, the ability to assess investments from the investor’s perspective and at a more granular level.” The SaaS tool assesses companies by benchmarking them against their sector peer group and ranking them by quartile performance. Beyond its use as a compliance tool, Reflect is designed to support values-based investing. The Reflect platform allows advisors, investors and institutions to review portfolios based on ESG components that are most important to them while also identifying types of companies to avoid, such as those associated with weapons or alcohol. After analyzing an investment portfolio, Reflect provides a real-time, percentage-match score, rating investments across 18 sub-themes ranging from “not aligned” to “strongly aligned.” Reflect can also weigh an existing portfolio against a curated list of investments, allowing individuals and institutions to compare assets via a side-by-side analysis. With comprehensive data on 6,500 companies—or 98% of the global market capitalization—the patent-pending software can analyze virtually every asset type, including individual equities, bonds and investments in various structures, including ETFs, mutual funds and SMAs. Like a credit-rating score, Reflect provides investors, advisors and asset managers with the most comprehensive, up-to-date ESG information and the assurance it brings. About Reflection Analytics Reflection Analytics’ patent-pending software—Reflect—is the only ESG ratings tool designed to serve asset managers, financial advisors and investors/institutions across six key areas: advisory, due diligence, compliance, portfolio management, auditing and reporting. Unlike other ESG software, which are reliant on rating methodologies rooted in the corporate perspective, Reflect analyzes 250 data points from an investor-focused viewpoint. As the industry’s only “Names Rule-compliant tool,” Reflect helps portfolio managers meet new compliance standards, with the SEC’s expansion of the “Names Rule” to include ESG funds taking effect in less than two years. Reflect maintains comprehensive self-reported and third-party data on 6,500 companies, or 98% of the global market cap. For more information, visit: www.reflectvalues.com. Contact Details For Reflection Analytics Peter Page ppage@vocatusllc.com Company Website https://www.reflectvalues.com/

December 14, 2023 10:05 AM Eastern Standard Time

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Contract Management Institute Announces New Governance Board

National Contract Management Association

National Contract Management Association’s (NCMA) Contract Management Institute (CMI), an institution dedicated to advancing the profession of contract management is thrilled to introduce its newly appointed Governance Board for the 2023-2024 term. These accomplished professionals will play a pivotal role in guiding the strategic direction of CMI and ensuring the organization's success. "Having had the privilege of working alongside these distinguished professionals throughout my career, I am absolutely thrilled and deeply proud to welcome them to the newly revitalized CMI," stated CMI's Executive Director and former Department of Homeland Security Chief Procurement Officer, Soraya Correa. "Their exceptional expertise and dedication will undoubtedly contribute to our shared vision, and I look forward to the extraordinary journey ahead." NCMA Chief Executive Officer, Kraig Conrad will become the Board Chair for CMI. He expressed his excitement, saying, "I am delighted and honored to serve as Chair for the Institute. CMI is poised to become an important extension of NCMA, providing valuable resources to elevate our profession. I look forward to our journey together and the positive impact we will make." Denyce Carter, the current Board Chair of NCMA, will be joining Kraig Conrad as a distinguished addition and Vice Chair to the CMI board. She said, "I look forward to being part of an initiative that identifies and creates ways to enhance contract management practices, ultimately improving the profession for the workforce and the broader acquisition community." Along with Mr. Conrad and Ms. Carter, the Governance Board includes several accomplished professionals – including three NCMA past Presidents – that bring a wealth of knowledge and experience to the CMI board, representing a diverse range of organizations from government agencies and industry leaders to top consulting firms. The full list includes: Amanda Christian, Senior Vice President of Subcontracts and Procurement at CACI International Inc. She is responsible for setting direction, policy, and procedures based upon corporate-level strategy, and ensuring that procurement and subcontracts personnel provide value and contribute to the overall success of the company. Amanda is a Past-President of NCMA and served on its Board of Directors for seven years. She is a Fellow and currently serves on the Board of Advisors. Alan Chvotkin, Partner at Centre Law Group where he specializes in federal government contracts law and its policies and practices, including counseling companies on a wide range of matters from contract formation and performance through disputes and claims. Mr. Chvotkin is a Fellow of NCMA and currently serves on its Board of Advisors. Kim Denver, Senior Vice President and Chief Contracts Executive at Leidos, leads a team of over 250 contracts professionals, overseeing a diverse portfolio of thousands of active contracts, and previously held a key role as Deputy Assistant Secretary of the Army for Procurement. Mr. Denver currently serves on NCMA’s Board of Advisors. Wendy Masiello is currently an independent consultant, having retired from the U.S. Air Force as a three-star general in July 2017. During her 36-year career with the Air Force, she served as director of the Defense Contract Management Agency; deputy assistant secretary (contracting), Office of the Assistant Secretary of the Air Force for Acquisition; and program executive officer for the Air Force’s $30 billion service acquisition portfolio. She is an NCMA Past-President, and currently a member of the Board of Directors for KBR Inc. and Board of Advisors for NCMA and the Public Spend Forum Debra Scheider is Vice President, Corporate Contracts for Lockheed Martin Corporation. She is responsible for leading the Corporations Contracting, Industrial Development, and Estimating work encompassing policies, strategies, training, and procedures across the Corporation. Ms. Scheider is Past-President of NCMA and served on its Board of Directors for nine years. She is a Fellow of NCMA and currently serves on the Board of Advisors. She is a Director for the Procurement Round Table. Karla Smith Jackson, currently serving as the Senior Procurement Executive, Deputy Chief Acquisition Officer, and Assistant Administrator for Procurement at NASA, is a seasoned professional with extensive expertise with more than three decades of federal contracting experience. Her noteworthy background is in program management, acquisition, and contract planning. She is currently a member of the NCMA Board of Directors. Charlie Williams, President, CWilliams, LLC., held a number of pivotal roles that significantly contributed to the field of contract management., Notably, he served as the Deputy Assistant Secretary, Contracting for the United States Air Force, Director of the Defense Contract Management Agency (DCMA), Commissioner on the Section 809 Panel, President of the NCMA Board of Directors, Chair of the NCMA Standards Consensus Body, a valued member of the NCMA Board of Advisors, and a distinguished Member of the NASA Advisory Council. CMI is dedicated to fostering excellence in contract management by conducting research, studies, and analyses that promote engagement, standards, professional development, and enhanced business practices. The new Governance Board will play a pivotal role in guiding the organization's strategic direction and ensuring the continued growth and success of CMI. For more information about the Institute and its Governance Board, please visit ncmahq.org/cmi. The National Contract Management Association (NCMA) – www.ncmahq.org – stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details National Contract Management Association Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

December 12, 2023 05:00 AM Eastern Standard Time

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Innovator Ridima Jain Forges Compassionate Futures in Industrial Design

Ridima Jain

Ridima Jain, an acclaimed Industrial and Lighting designer, is captivating the world with her groundbreaking approach to design. Born in India and holding a Master's degree in Industrial Design from Pratt Institute in Brooklyn, New York, Jain's work transcends boundaries, merging nature and culture seamlessly to create spaces that enhance human experiences. As a founding member of the Women in Design NYC Chapter of IDSA and a Visiting Associate Professor at Pratt Institute, Ridima Jain is not only shaping the future of design but also sharing her expertise with the next generation of designers. Her educational journey spans design schools in India, Germany, and the United States. This diverse experience positions her as a unique generalist in the design world, enabling her to make profound contributions across various domains. The centerpiece of Jain's portfolio is her graduate thesis at Pratt Institute, where she revolutionized the concept of window blinds. Her design extends beyond conventional uses, ingeniously channeling daylight deeper into interior spaces. This innovation not only enhances the aesthetic but also positively influences physical, emotional, and psychological well-being. Jain's commitment to healing environments is evident in her Emergency Housing Module, featured at Prototypes for Humanity in Dubai. The use of translucent Kalwall panels in these modular homes ensures a continuous interplay of light and space, offering comfort and maintaining circadian rhythms for individuals recovering from traumatic events. Jain's expertise extends into critical, life-saving designs with her Zero Light Tourniquet. Created for use in zero-light conditions, this product is a testament to her ability to address extreme challenges through design. It combines thermal detection and an automatic pneumatic braid system, significantly aiding medics in identifying and treating injuries in the absence of light, showcasing her versatility and commitment to impactful design solutions. Through her role as a co-creator and instructor of the Equatorial Living Lab, Jain shares her design philosophy with a broader audience. In this innovative four-semester project, students from two continents collaborate on low-cost housing in developing nations' equatorial climates. Jain, alongside Kevin Walz, guides students in blending historical and indigenous wisdom to create nurturing environments, focusing on innovation with local materials, fostering community and advocacy for quality of life. The first semester saw students delve into the history of low-cost housing, sustainable materials, and indigenous construction methods, culminating in an open-source online repository of their findings, designs, and construction documents. Jain’s unorthodox perspective in architecture enables her to critique and improve upon existing space designs. Her holistic view allows for innovative solutions that address both the physical and psychological aspects of living environments. For Ridima, the essence of design lies in its impact. "Making a positive impact on people’s lives, changing the way they interact with their environments and the people around them, " she asserts, is the core of her design ethos. Ridima believes that the spaces we inhabit profoundly influence our behavior, placing a significant responsibility on designers to create environments that promote positivity and sustainability. For further information, please visit www.ridimajain.com. About Ridima Jain Ridima Jain is an Industrial and Lighting designer known for her innovative approach to design that seamlessly blends nature and culture. With a Master’s degree in Industrial Design from Pratt Institute, she has made significant contributions to the field, with a focus on enhancing human experiences through thoughtful and impactful design solutions. As a trailblazer in the world of industrial and lighting design, Ridima continues to inspire and shape the future of design through her work, teaching, and advocacy. Contact Details Ridima Jain Ridima Jain rjain36@pratt.edu Company Website https://www.ridimajain.com/

December 11, 2023 10:00 AM Eastern Standard Time

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Unbox Real Happiness in 2023: Don't Let Counterfeit Goods Ruin Your Holidays

YourUpdateTV

Click to view video accompanying this release: https://youtu.be/RDlTcMt-b7o Counterfeit goods are a problem all year long, but demand for gifts, household goods, and even health products means that the holiday season is an especially busy time for crooks. Counterfeit products cost consumers and the global economy over $500 billion dollars a year. Ahead of this holiday shopping season, the U.S. Chamber of Commerce, businesses, and law enforcement are helping to raise awareness among consumers about the dangers of counterfeit goods and how to avoid falling for scams, and instead “unbox real happiness.”  Families trying to save money AND create new holiday memories want the best deal possible. However, consumers must remain vigilant to ensure they receive authentic products. As the holiday shopping season kicks off, the U.S. Chamber of Commerce, U.S. Customs and Border Protection, and Amazon are helping to raise awareness among consumers about the dangers of counterfeit goods and how to avoid falling for scams and instead “unbox real happiness.”  As families do their best to save money and create new holiday memories, they continue to shop online in record numbers looking for the best deals. However, with this convenience, consumers must remain vigilant to be sure they receive authentic products. For more information about what you can do you can do to can do to shop smart this holiday season, make sure to visit www.USChamber.com/shopsmart Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 07, 2023 04:37 PM Eastern Standard Time

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No Remote Identification, no flying. Remote ID Becomes Mandatory for Drone Pilots in the EU and will reshape the commercial use of drones

Dronetag

Most pilots will need drones equipped with the built-in RID feature or use RID transmitters attached to the drone body. There is not much time left to comply. In its latest official statement, EASA affirmed that RID will become mandatory for all pilots in the EU. All drones flying in the Specific category (advanced operation including BVLOS, over 25 kg drones, dropping material or flying higher than 120 meters, for example) and all drones with class marks operating in the Open category (mostly leisure drone activities and low-risk commercial activities) will be required to operate with an active and up-to-date RID system. There are two ways to satisfy this condition: flying a C-class drone with RID built-in (C1, C2, C3, C5, C6) or retrofitting older drone models with a RID module attached to the drone body. RID technologies allow authorities and any member of the public to identify drones remotely using a smartphone app or dedicated receiver. Identification data transmitted may include the drone’s serial number, operator registration number, remote pilot position or, if not available, take-off point, and drone’s location. The main goal of RID adoption is to enhance the safety of unmanned aircraft systems operations. Dronetag is Ready for the New Regulation For pilots who must purchase the required RID module for their drone to stay compliant in 2024, the Dronetag company has the solution ready. “Our Dronetag Beacon is one of the first devices listed on the EASA website as fully compliant with the new regulation,” describes Lukas Brchl, CEO of Dronetag, what his company offers. According to his words, pilots should not ignore the upcoming change: “To avoid problems that framed the start of RID in the USA earlier this year, drone operators should get their RID module in advance if they want to use their drones in 2024 safely. The production capacities of all suppliers are limited, so my only advice is to act now. Dronetag team put immense effort into scaling production to the maximum, but we already accept orders with deliveries at the end of January 2024.” Dronetag also offers an OEM solution tailored for drone manufacturers, seamlessly integrating Remote ID functionality into newly manufactured drones. The compact and cost-effective DRI module ensures immediate compliance, functioning effortlessly right out of the box. Furthermore, Dronetag extends its support to Drone manufacturers, facilitating the certification process with the EASA and guaranteeing compliance with the latest Remote ID regulations for drone sales within the EU. Devices manufactured by Dronetag offer compliance with new regulations and add advanced benefits for pilots in the form of hi-tech features such as flight logging, live flight data measuring and unmanned traffic management tools, to name a few. The Czech company offers a free, unique multiplatform application as a part of their end-to-end solution. According to customers in the US, Dronetag devices deliver one of the longest battery life on the market, packed in lightweight and miniature yet variable devices. Direct or Network RID? Based on Brchl’s recommendation, the Direct RID modules will be the most suitable devices for most pilots. In the Dronetag portfolio, such a device is called the Dronetag Beacon, which transmits identification data via Bluetooth to the drone's nearby surroundings. Professional pilots might appreciate advanced features offered by Network RID devices like Dronetag Mini, which will be compatible with U-Space operations planned in the near future. American Leader Expanding to Taiwan & Asia-Pacific Region Dronetag is currently active in more than 30 countries on four continents and is already coordinating flights across the globe. After similar FAA regulations for the USA went live in September 2023 ( Enforcement got extended for Six Months, literally hours before the rule efficiency, causing challenges for the whole drone market), Dronetag has become the leading supplier of RID devices for commercial drone operators in the USA. “Dronetag covers 70 % of RID device supplies to the American market. In November 2023, we closed a deal with the Drone Nerds, one of the leading drone distributors in the US, which strengthened our position. And we believe that even European drone pilots will find our devices handy and well-crafted,” shares Brchl. The list of recent successes goes on; Dronetag has also been selected by NATO - Defence Innovation Accelerator for the North Atlantic (DIANA) to its program, where the most exciting innovators developing groundbreaking technologies create more than just innovation; the goal is to bring real positive social impact. Dronetag is a manufacturer of Remote Identification devices and platforms for drone pilots and manufacturers. Its add-on transmitters enrich existing drones with a Remote ID capability, while modules are used by manufacturers who built them directly into their drones' internal circuits. Dronetag devices transmit identification and location data to other airspace participants via the Dronetag App, which offers advanced fleet management tools to professional pilots. The company’s vision of safer airspace relies on innovative unmanned traffic management and digitally visible drones. Contact Details Dronetag Jan Jiroušek jan.jirousek@dronetag.cz Company Website https://dronetag.cz/

December 07, 2023 03:15 AM Eastern Standard Time

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CLASS ACTION LAWSUIT FILED AGAINST KENVUE INC. (NYSE: KVUE)

Levi & Korsinsky LLP

Kenvue Inc. (NYSE: KVUE) is down over 25% from its debut earlier this year in May 2023. Formed from the separation of Johnson & Johnson’s Consumer Health business, the company was billed as the world’s largest pure-play consumer health company with annual revenues of over $15 billion from brands such as Tylenol, Neutrogena, Listerine, Aveeno, and Nicorette. While for many the investment thesis has yet to pan out, investors with losses stand to benefit from recent class action litigation seeking to recover investment losses. In November 2021, Johnson & Johnson announced its plan to spin-off its Consumer Health business. Eighteen months later, Kevnue completed its initial public offering and began trading on the New York Stock Exchange under the ticker symbol “KVUE”. The initial public offering generated net proceeds of $4.2 billion and resulted in over 1.9 billion publicly-listed Kenvue shares. Johnson & Johnson, however, retained ownership of approximately 90% of those shares for several months. In August 2023, Johnson & Johnson released the shares to its shareholders through an exchange offer. Kenvue’s initial public offering was underwritten by the largest banks on Wall Street, including the likes of Goldman Sachs, J.P. Morgan, Deutsche Bank, Citigroup, UBS, and so on. Analysts at many of these firms initiated coverage with enthusiasm. J.P. Morgan, for example, initiated at “overweight” with a price target of $29/share ( i.e., $7/share over the $22/share initial public offering price). Their support for the stock was based primarily on an investment thesis that included top-line growth, expanding margins, strong cash flow, and experienced management. Absent from the fanfare was any discussion of phenylephrine and the risks it posed to Kenvue in terms of adverse regulatory action. Phenylephrine is an active ingredient in many over-the-counter decongestant medications. Kenvue uses phenylephrine in a number of its products, including Sudafed PE, Benadryl Allergy Plus Congestion, and Tylenol Sinus + Headache. On September 12, 2023, the Nonprescription Drugs Advisory Committee of the U.S. Food and Drug Administration voted unanimously that phenylephrine was ineffective as a nasal decongestant when taken orally. This finding could result in the removal of several of Kenvue’s products from store shelves and, in turn, a substantial loss of revenue they would have otherwise generated for the company and its shareholders. News of the FDA’s decision prompted an immediate sell-off in Kenvue shares adding to downward pressure already in the market from ongoing acetaminophen litigation. Investors who suffered investment losses because of the announcement are questioning why management did not provide more information in Kenvue’s initial public offering documents about the risks its reliance on phenylephrine had on company revenues. While the FDA has been evaluating the efficacy of phenylephrine for some years, Johnson & Johnson and Kenvue said nothing of it in the registration statement or prospectus they used to take the company public. Kenvue now faces class action litigation for alleged violations of the federal securities laws. The class action complaint alleges that Kenvue and its management neglected to disclose material information concerning the risks arising from phenylephrine and the potential for adverse regulatory action. If the lawsuit is successful, investors could recover investment losses they incurred from their Kenvue shares. For those that paid top-dollar for the stock during the initial public offering, recovering these losses would undoubtedly improve their overall position given where the stock currently trades. Kenvue shareholders that suffered losses are encouraged to learn more about how the class action lawsuit may benefit them and whether to seek to become a lead plaintiff representing the class of Kenvue shareholders. Levi & Korsinsky, LLP is a leading plaintiffs’ law firm that has recovered billions of dollars for defrauded investors in global securities litigation. The firm is exclusively dedicated to fighting for aggrieved shareholders and consumers, and obtaining redress from those who have harmed them. With over 80 years of combined partner experience litigating complex securities actions and over 30 lawyers in five offices. The firm has a successful track record of protecting shareholder rights while setting ground-breaking precedent by tackling cases that require substantial resources, time and tenacity, thus resulting in greater investor recoveries. Contact Details Joseph Levi jlevi@levikorsinsky.com

November 29, 2023 09:25 AM Eastern Standard Time

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