Day: August 20, 2021

CHRA – Charah Solutions, Inc. Announces Pricing of 8.50% Senior Notes Due 2026

LOUISVILLE, KY / ACCESSWIRE / August 20, 2021 / Charah Solutions, Inc. (NYSE:CHRA) (“Charah Solutions” or the “Company”) announced today that it has priced its previously announced public offering (the “Offering”) of 8.50% senior notes due 2026 (the “Notes”). Pursuant to the underwriters’ option, the underwriters elected to purchase an additional $5,000,000 in aggregate principal amount of the Notes. The total net proceeds from the Offering are approximately $130,275,000 (after deducting underwriting discounts and commissions, but before other fees and estimated expenses), including the net proceeds from the sale of the option. The Company intends to use the net proceeds from the Offering, along with cash from the sale of equity to B. Riley Securities, Inc., to fully repay and terminate the Company’s credit facility, dated September 21, 2018, by and among the Company, the lenders party thereto from time to time and Bank of America, N.A., as administrative agent, with any remaining proceeds to be used for general corporate purposes, including funding future acquisitions and investments, repaying indebtedness, making capital expenditures and funding working capital. The Notes will be issued in minimum denominations of $25.00 and integral multiples of $25.00 in excess thereof. The Offering is expected to close on August 25, 2021.

In connection with the Offering, the Company has applied to list the Notes on the New York Stock Exchange (the “NYSE”) under the symbol “CHRB.” If approved for listing, trading on the NYSE is expected to commence within 30 days after the Notes are first issued.The Company and this issuance of Notes received a rating of B from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

B. Riley Securities, Inc., Boenning & Scattergood, Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc. and William Blair & Company, L.L.C. are acting as joint book-running managers for the Offering. EF Hutton, division of Benchmark Investments, LLC is acting as lead manager for this offering. Aegis Capital Corp., B.C. Ziegler & Company, Colliers Securities LLC, Huntington Securities, Inc. and Newbridge Securities Corporation are acting as co-managers for the Offering.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The Notes may only be offered and sold under the Company’s registration statement on Form S-1, which has been filed with the Securities and Exchange Commission (“SEC”) and was declared effective on August 20, 2021. A copy of the registration statement is available on the SEC’s website at www.sec.gov. When available, copies of the preliminary prospectus related to the Offering may be obtained from the offices of B. Riley Securities, Inc. at 1300 North 17th Street, Suite 1400, Arlington, VA 22209, by calling (703) 312‐9580 or by emailing [email protected].

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this news release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. These statements are based on certain assumptions made by the Company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements, including the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all. See the Company’s Form 10-K for the fiscal year ended December 31, 2020 and other periodic reports as filed with the SEC for further information regarding risk factors. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

About Charah Solutions, Inc.
With 30 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct sales to the power generation industry. Based in Louisville, Kentucky, Charah Solutions assists utilities and independent power producers with all aspects to sustainably manage and recycle ash byproducts generated from the combustion of coal in the production of electricity. The Company also designs and implements solutions for ash pond management and closure, landfill construction, fly ash sales, and structural fill projects. Charah Solutions is the partner of choice for solving customers’ most complex environmental challenges, and as an industry leader in quality, safety, and compliance, the Company is committed to reducing greenhouse gas emissions for a cleaner energy future. For more information, please visit www.charah.com/ or download our 2020 Environmental, Social and Governance (ESG) Report at charah.com/sustainability.

Investor Contact
Roger Shannon, Chief Financial Officer and Treasurer
Charah Solutions, Inc.
[email protected]
(502) 245-1353

Media Contact
Tamara Davis
PriceWeber Marketing
[email protected]
(270) 202-8516

SOURCE: Charah Solutions, Inc.

VIEW – VIEW LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving View, Inc. f/k/a CF Finance Acquisition Corp. II

New York, New York–(Newsfile Corp. – August 20, 2021) – The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased View, Inc. f/k/a CF Finance Acquisition Corp. II (“View”) (NASDAQ: VIEW) between November 30, 2020 and August 16, 2021.

If you suffered a loss, contact us at the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/view-inc-f-k-a-cf-finance-acquisition-corp-ii-loss-submission-form?prid=18799&wire=5

Cannot view this image? Visit: https://www.elitestockchat.com/wp-content/uploads/2021/08/93965_769860_logo.jpg

Allegations against VIEW include that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) View had not properly accrued warranty costs related to its product; (2) there was a material weakness in View’s internal controls over accounting and financial reporting related to warranty accrual; (3) as a result, the Company’s financial results for prior periods were misstated; and (4) 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.

If you suffered a loss in View you have until October 18, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93965

info

ATIP – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 15, 2021 – ATIP

New York, New York–(Newsfile Corp. – August 20, 2021) – The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II (“ATI “) (NYSE: ATIP) This lawsuit is on behalf of investors who: (a) purchased or otherwise acquired ATI securities between April 1, 2021 and July 23, 2021, inclusive and/or (b) held FVAC Class A common stock as of May 24, 2021 and were eligible to vote at FVAC’s June 15, 2021 special meeting.. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information go to:

https://www.zlk.com/pslra-1/ati-physical-therapy-inc-f-k-a-fortress-value-acquisition-corp-ii-loss-submission-form?prid=18798&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Cannot view this image? Visit: https://www.elitestockchat.com/wp-content/uploads/2021/08/93964_883050_logo.jpg

ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II NEWS – ATIP NEWS

CASE DETAILS: According to the filed complaint: (1) ATI was experiencing attrition among its physical therapists; (2) ATI faced increasing competition for clinicians in the labor market; (3) as a result of the foregoing, the Company faced difficulties retaining therapists and incurred increased labor costs; (4) as a result of the labor shortage, the Company would open fewer new clinics; and (5) 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.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in ATI , you have until October 15, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased ATI securities This lawsuit is on behalf of investors who: (a) purchased or otherwise acquired ATI securities between April 1, 2021 and July 23, 2021, inclusive and/or (b) held FVAC Class A common stock as of May 24, 2021 and were eligible to vote at FVAC’s June 15, 2021 special meeting, you may be entitled to compensation without payment of any out-of-pocket costs or fees.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/ati-physical-therapy-inc-f-k-a-fortress-value-acquisition-corp-ii-loss-submission-form?prid=18798&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars for shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by corporations.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington, D.C. The Firm’s Founding Partners, Joseph Levi and Eduard Korsinsky, have been representing shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the U.S. and internationally. The firm, with more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those that we represent. Our attorneys have extensive expertise representing investors in securities litigation with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked in Institutional Shareholder Services’ (“ISS”) SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in the United States. The SCAS Top 50 Report identifies the top plaintiffs’ securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93964

info

LOTZ – Rosen, Globally Respected Investor Counsel, Encourages CarLotz, Inc. Investors with Losses to Secure Counsel Before Important September 7 Deadline in Securities Class Action – LOTZ, LOTZW

New York, New York–(Newsfile Corp. – August 20, 2021) – WHY: New York, N.Y., August 20, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CarLotz, Inc. (NASDAQ: LOTZ) (NASDAQ: LOTZW) between December 30, 2020 and May 25, 2021, inclusive (the “Class Period”), of the important September 7, 2021 lead plaintiff deadline.

SO WHAT: If you purchased CarLotz securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the CarLotz class action, go to http://www.rosenlegal.com/cases-register-2118.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 7, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) due to a surge in inventory during the second half of fiscal 2020, CarLotz was experiencing a “logjam” resulting in slower processing and higher days to sell; (2) as a result, the Company’s gross profit per unit would be negatively impacted; (3) to minimize returns to the corporate vehicle sourcing partner responsible for more than 60% of CarLotz’s inventory, the Company was offering aggressive pricing; (4) as a result, CarLotz’s gross profit per unit forecast was likely inflated; (5) CarLotz’s corporate vehicle sourcing partner would likely pause consignments to the Company due to market conditions, including increasing wholesale prices; and (6) as a result of the foregoing, defendants’ positive statements about CarLotz’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the CarLotz class action, go to http://www.rosenlegal.com/cases-register-2118.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93956

info

SLQT – SLQT ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of October 15, 2021 in the Class Action Filed on Behalf of Selectquote, Inc. Limited Shareholders

New York, New York–(Newsfile Corp. – August 20, 2021) – The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Selectquote, Inc. (NYSE: SLQT) alleging that the Company violated federal securities laws.

Class Period: February 8, 2021 and May 11, 2021
Lead Plaintiff Deadline: October 15, 2021
No obligation or cost to you.

Learn more about your recoverable losses in SLQT:
https://www.kleinstocklaw.com/pslra-1/selectquote-inc-loss-submission-form?id=18797&from=5

Cannot view this image? Visit: https://www.elitestockchat.com/wp-content/uploads/2021/08/93962_167523_logo.jpg

Selectquote, Inc. NEWS – SLQT NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Selectquote, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) SelectQuote’s 2019 cohort was underperforming; (2) as a result, the Company’s financial results would be adversely impacted; and (3) 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.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Selectquote you have until October 15, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Selectquote securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the SLQT lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link.

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93962

info

ANAT – American National Urges Claims Preparedness for Tropical Storm Henri

SPRINGFIELD, Mo., Aug. 20, 2021 (GLOBE NEWSWIRE) — As Tropical Storm Henri approaches the Northeast, American National Insurance Company strongly encourages its policyholders to prepare for their insurance needs.

If you are an American National policyholder:

There are several ways to report a claim (to ensure efficient claims service, check that your login credentials are up to date):

  1. Mobile: Use the AN Mobile app, available for free at the Apple App store or Google Play. An account is required.
  2. Online: Go to AmericanNational.com and login to your account. To create an account, go to AmericanNational.com > Customer Login > Personal Insurance – Log In > Register.
  3. Phone: Call the 24-hour claims hotline at 1.800.333.2860.
  4. Email: Claims@AmericanNational.com

Stay alert, stay safe:

Refer to the National Hurricane Center at www.nhc.noaa.gov for hurricane preparedness, weather tracking and additional updates.

Check your local area forecast and follow instructions from local authorities to protect yourself, your family and your property. Be sure to secure your home and property, follow your disaster plan and heed all storm warnings.

For more information on how to protect your property and loved ones, visit www.pciaa.net > Tropical Storm Henri

About American National

American National Group, Inc. is the parent company of the American National companies, which include American National Insurance Company and its insurance affiliates. American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, is licensed in all states except New York. American National offers a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products and property and casualty insurance for personal lines, agribusiness and certain commercial exposures. The American National companies operate in all 50 states.

American National established a dedicated property and casualty division in 1973 with American National Property And Casualty Company, Springfield, MO. This company serves 38 states not including NY. To better serve the unique insurance needs of the agricultural market, American National acquired the Farm Family group of insurance companies based in NY in 2001. For corporate and investor relations information, please visit American National’s website at www.AmericanNational.com.


GM – GM Expands Chevy Bolt Recall To All Vehicles Due To Fire Risk

Topline

General Motors said Friday it is expanding its recall of Chevy Bolt electric vehicles to newer models due to manufacturing defects in their batteries that could cause fires, with the wider recall—which now includes all model years—expected to cost the company $1 billion.

Key Facts

The company said a small number of batteries, which are made by South Korea’s LG, contain cells with a torn anode tab and a folded separator, which could cause a short and lead to a fire.

The expanded recall covers about 64,000 Chevy Bolt EVs and EUVs from the 2020-22 model years and the 9,335 vehicles from the 2019 model year that were not included in the original recall, which covered about 69,000 EVs from the 2017-19 model years.

GM said it would seek reimbursement from LG.

Crucial Quote

“G.M. customers can be confident in our commitment to taking the steps to ensure the safety of these vehicles,” said G.M. Executive Vice President Doug Parks.

Key Background

General Motors first issued a Bolt recall in November after five vehicles caught fire. In July, the company recalled more cars after two more vehicles caught fire and warned owners not to park them outside or charge them overnight due to the fire risk. Both these recalls were estimated to cost $1.8 million. The National Highway Traffic Safety Administration issued its own warning for car owners to park their Chevy Bolts outside, and said it is looking into the latest fires tied to the vehicle. The NHTSA also issued a similar warning for owners of the Hyundai and Genesis vehicles in March due to risk of fire recalls. NHSTA has also previously investigated the cause of multiple different fires from Tesla vehicles.

Further Reading

Still no fix as GM scrambles ‘around the clock’ to end Chevy Bolt battery fires (Detroit Free Press)

GM’s Chevy Bolt recall comes with a huge price tag (CNN)

SJT – The Law Offices of Frank R. Cruz Announces Investigation of San Juan Basin Royalty Trust (SJT) on Behalf of Investors

LOS ANGELES–()–The Law Offices of Frank R. Cruz announces an investigation of San Juan Basin Royalty Trust (“Trust” or the “Company”) (NYSE: SJT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On August 20, 2021, the Trust announced that “it will not declare a monthly cash distribution to the holders of its Units of beneficial interest” due to “excess production costs for the June 2021 production month.” The Trust disclosed that “true-ups that occurred last month to the lease operating and capital cost categories for the January 2021 through April 2021 production months resulting in additional profits were made in error” and that “the June 2021 reporting month includes a reduction of $2,043,557.99 gross profits ($1,532,668.49 net to the Trust) due to corrections for those periods.”

On this news, the Company’s share price fell approximately 17% during intraday trading on August 20, 2021, as compared to the previous day’s close, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Trust securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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