Reported by syracuse.com 2 hours ago.
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'All By Myself': Man stuck in Las Vegas airport makes epic Celine Dion music video
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Shamir Explores the Weird Side of Las Vegas in "Sometimes a Man" Video
Shamir has shared the video for "Sometimes a Man", from his recently released Northtown EP. Directed by Anthony Sylvester, it shows the 19-year old singer kicking around the weirder side of his native Las Vegas—like Fear and Loathing in Las Vegas, but with more caves and decrepit houses. Check it out below.On June 15, Shamir will perform live with a five-piece band for the first time, at Muchmore's in Brooklyn, as part of Northside Festival. On August 23, he'll perform live at MoMA PS1's Warm Up.
Read our recent "Rising" interview with Shamir. Reported by Pitchfork 41 minutes ago.
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Nlyte Software Creates Sophisticated Integration Framework to Connect DCIM With ITSM
LAS VEGAS--(BUSINESS WIRE)--Nlyte announces the release of its ITSM integration framework, which enables the company to deliver the most advanced set of ITSM connectors for today’s most popular systems.
Reported by Business Wire 2 hours ago.
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Georgia Man Creates Viral Video Sensation Lip-Synching ‘All By Myself’ At Empty Las Vegas Airport
New York is the city that never sleeps, but apparently the same can't be said of Las Vegas, of all places.
Reported by CBS 2 1 hour ago.
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Watch Live: Authorities Hold Briefing on Las Vegas Shooting
Authorities hold a news conference on the deadly shooting in Las Vegas.
Reported by msnbc.com 55 minutes ago.
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Guy Stuck in Airport Makes Amazing Celine Dion Video
Richard Dunn recently found himself stuck, apparently all alone, overnight at Las Vegas' McCarran Airport—so, naturally, he created an incredible music video of himself lip-syncing to Celine Dion's cover of "All By Myself" in various locations around the terminal. It even includes a shot of Dunn re-creating the iconic...
Reported by Newser 49 minutes ago.
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Police say they had contact with Las Vegas gunmen 3 separate times; investigations did not indicate they were intending to kill cops - @LaurenRozyla
Reported by Breaking News 50 minutes ago.
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Las Vegas police say it seems like the Las Vegas couple who shot and killed 2 police officers and a civilian acted alone - @ColtonLochhead
Reported by Breaking News 45 minutes ago.
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Las Vegas gunman Jared Miller's death was a result of police gunfire, police say - @FOX5Vegas
Reported by Breaking News 36 minutes ago.
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Police Fatally Shot Las Vegas Gunman Jerad Miller During Gunfight
Initial reports said Miller’s wife, Amanda, may have fatally shot him before she committed suicide during Sunday's anti-government ambush.
Reported by msnbc.com 2 minutes ago.
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'I Know I'm Innocent;' Youth Pastor Says He Asked Students to 'Lay Hands and Pray' for Man He Is Accused of Murdering
A California pastor who was charged with murder last Tuesday, after a man he fought with outside a Las Vegas sports bar last summer died from head injuries, maintained his innocence after he was released from jail on bail Tuesday saying he even asked his church group "to lay hands and pray" for his attacker during the fight.
Reported by Christian Post 11 minutes ago.
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Accenture Receives HP AllianceOne Partner of the Year Award
NEW YORK--(BUSINESS WIRE)--Accenture has been named HP AllianceOne Partner of the Year for Software – Enterprise Security at HP Discover 2014 in Las Vegas.
Reported by Business Wire 5 hours ago.
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Indiaâs Largest eLearning Company â 24x7 Learning Releases its Next-Gen Learning Management System
24x7 Learning's LearnTrak LMS is an award-winning learning management system that has been redesigned to meet the newest global training challenges faced by corporates. This Next Generation Learning Management System embodies the *SI CLO MO concept of eLearning. *This means that it is simple to use, on cloud and promotes mobile learning – the three essential features required by a modern learning management system to cater to global corporate training needs.
LearnTrak’s preview at ASTD TechKnowledge 2014 at Las Vegas earlier this year was a grand success, and it was formally launched today in Bangalore.
Over the last few years there have been changes in the types of training challenges that organizations are faced with. As *talent, skills and capability needs cross all boundaries and become global*, organizations are faced with the *challenge to train a globally dispersed workforce*, and provide *access to training, to employees who are deployed in remote areas* that have a low bandwidth or lack internet connectivity.
“In early 2014, 24x7 Learning introduced the Beta Version of the All-New LearnTrak LMS at ASTD TechKnowledge 2014, held at Las Vegas. Out of the 100+ stalls, the 24x7 Learning stall was one of the top 4 most visited (as shared on social media site, Twitter). The All-New LearnTrak LMS was an instant hit even in its nascent stage.” commented *Karthik K.S. – Founder & Executive Chairman, 24x7 Learning*
From an employee perspective, organizations have to meet the *increasing demand for a better work/life balance*. With more than 60% of today’s workforce comprising of Gen Y employees who are used to instant gratification and suffer from a shortened attention span, organizations are faced with the challenge to provide *up-to-date knowledge and immediate answers via training*.
“A geographically-dispersed workforce, diminished dependence on classroom-based training, a short attention span, and training of a workforce that is located in remote locations are just a few of the pressing problems that LearnTrak helps organizations to address. Student involvement in training increases 250%, thus increasing peer discussion around learning topics in LearnTrak, as in social media” explains Karthik K.S.
*SI ClO MO – Simple to use. On Cloud. Mobile Learning.*
*SImple to Use*
LearnTrak is designed for easy use by administrators and employees. “Administrators will have complete control over the creation, integration, delivery, and management of training programs, and will be able to create and deliver knowledge nuggets, how–to videos, podcasts and other learning materials to an organization’s mobile workforce” commented Anto Valan, Head –Products and Innovation at 24x7 Learning. With LearnTrak, administrators will also be able to create several training sessions, learner groups, configure courses, enroll learners and generate reports, instantly. It has an easy user interface that allows employees to access training immediately.
*On CLOud*
“The LearnTrak LMS is on cloud for organizations to take advantage of its secure server to store their company’s training data,” commented AntoValan. He went on to say that, “The LearnTrak LMS server provides extensive storage space, reliable backup and recovery of data. The ‘global content distribution’ feature enables employees to access information from anywhere. Software updates are automatic, and hardware and software requirements on the user side are decreased”. Regarding future plans he added that the ‘On premise’ feature would be available by September this year.
*MObile Learning*
57% of Indian companies have made the switch to the BYOD policy. With the global trend leaning toward this policy, 24x7 Learning made the conscious effort to make the latest version of the LearnTrak LMS, mobile (the LearnTrak Application is available for Android and Apple users, presently), so that users have access to training and business-critical information on their own mobile devices at all times. According to Karthik, this feature will allow employees to experience five times faster learning, enhanced retention and higher engagement.
*Increased Learner Involvement*
Karthik also added, “Multiple Push Notifications provide learners with continuous involvement and guarantees an experience that can be likened to that which is experienced when engaged on social media sites, which is what our Gen Y employees have grown up with; thus LearnTrak LMS reaches learning to employees through a medium that they are familiar with.”
“Since 2001, LearnTrak has been successfully used by companies across Retail, Banking, Pharma, IT and FMCG verticals. While in the past, employees at offices with good internet connectivity benefitted from eLearning, field sales teams and others deployed in remote locations were deprived of such trainings. With the new LearnTrak, information can be accessed even in areas that have low bandwidth or no internet connectivity, providing instant access to training, even in the most remote areas” added Manish Sharma, Vice President – Sales at 24x7 Learning.
*LearnTrak provides:*
· An organized approach for learners to access learning
· Mobile learning
· Extends learners’ access to business critical information and performance support material beyond the office environment
· Provision for administrators to create and deliver knowledge nuggets, how–to videos, podcasts and other learning materials to a mobile workforce – anywhere and anytime
· Heightened security
· Better management of space on employee devices
· Provision for administrators to bundle all learning materials (including courses, podcasts, videos, flashcards, etc.) pertaining to a topic in a Learning Plan, which can be assigned to learners
· MIS and Reports
· A comprehensive support packageLearnTrak is a Next-Gen LMS that embodies on-the-go learning and brings the best of self-paced online, mobile, and instructor-led learning experiences.
*About 24x7 Learning*
As one of foremost pioneers in the eLearning field, 24×7 Learning’s eLearning solutions transcend geographical barriers and spreads learning to the farthest corners of the civilized world – all with the help of internet connectivity. Since 2001, 24×7 Learning’s solutions have touched learners in over 225 global corporates that include the likes of Samsung, JP Morgan, Dubai Airports, Dell and Vodafone, to name a few. 24x7 Learning has helped train over 2.5 million learners across 35 countries by providing end to end technology and a one-stop solution for all training needs.
Apart from its Online Learning platform, LearnTrak LMS that enables organizations to host and launch eLearning courses and helps align learning activities to business objectives, 24×7 Learning has a feature-rich Mobile Learning platform for corporates and educators known as LearnTrakEdu that is designed to offer learners an engaging, intuitive, collaborative and personalized learning experience.
24x7 Learning also creates high impact and engaging Custom Content. Its development expertise includes rapid authoring, interaction-based learning, scenario-based learning, application simulation and game-based learning.
To know more about the solutions offered by 24x7 learning, visit www.24x7learning.com Reported by Business Wire India 4 hours ago.
LearnTrak’s preview at ASTD TechKnowledge 2014 at Las Vegas earlier this year was a grand success, and it was formally launched today in Bangalore.
Over the last few years there have been changes in the types of training challenges that organizations are faced with. As *talent, skills and capability needs cross all boundaries and become global*, organizations are faced with the *challenge to train a globally dispersed workforce*, and provide *access to training, to employees who are deployed in remote areas* that have a low bandwidth or lack internet connectivity.
“In early 2014, 24x7 Learning introduced the Beta Version of the All-New LearnTrak LMS at ASTD TechKnowledge 2014, held at Las Vegas. Out of the 100+ stalls, the 24x7 Learning stall was one of the top 4 most visited (as shared on social media site, Twitter). The All-New LearnTrak LMS was an instant hit even in its nascent stage.” commented *Karthik K.S. – Founder & Executive Chairman, 24x7 Learning*
From an employee perspective, organizations have to meet the *increasing demand for a better work/life balance*. With more than 60% of today’s workforce comprising of Gen Y employees who are used to instant gratification and suffer from a shortened attention span, organizations are faced with the challenge to provide *up-to-date knowledge and immediate answers via training*.
“A geographically-dispersed workforce, diminished dependence on classroom-based training, a short attention span, and training of a workforce that is located in remote locations are just a few of the pressing problems that LearnTrak helps organizations to address. Student involvement in training increases 250%, thus increasing peer discussion around learning topics in LearnTrak, as in social media” explains Karthik K.S.
*SI ClO MO – Simple to use. On Cloud. Mobile Learning.*
*SImple to Use*
LearnTrak is designed for easy use by administrators and employees. “Administrators will have complete control over the creation, integration, delivery, and management of training programs, and will be able to create and deliver knowledge nuggets, how–to videos, podcasts and other learning materials to an organization’s mobile workforce” commented Anto Valan, Head –Products and Innovation at 24x7 Learning. With LearnTrak, administrators will also be able to create several training sessions, learner groups, configure courses, enroll learners and generate reports, instantly. It has an easy user interface that allows employees to access training immediately.
*On CLOud*
“The LearnTrak LMS is on cloud for organizations to take advantage of its secure server to store their company’s training data,” commented AntoValan. He went on to say that, “The LearnTrak LMS server provides extensive storage space, reliable backup and recovery of data. The ‘global content distribution’ feature enables employees to access information from anywhere. Software updates are automatic, and hardware and software requirements on the user side are decreased”. Regarding future plans he added that the ‘On premise’ feature would be available by September this year.
*MObile Learning*
57% of Indian companies have made the switch to the BYOD policy. With the global trend leaning toward this policy, 24x7 Learning made the conscious effort to make the latest version of the LearnTrak LMS, mobile (the LearnTrak Application is available for Android and Apple users, presently), so that users have access to training and business-critical information on their own mobile devices at all times. According to Karthik, this feature will allow employees to experience five times faster learning, enhanced retention and higher engagement.
*Increased Learner Involvement*
Karthik also added, “Multiple Push Notifications provide learners with continuous involvement and guarantees an experience that can be likened to that which is experienced when engaged on social media sites, which is what our Gen Y employees have grown up with; thus LearnTrak LMS reaches learning to employees through a medium that they are familiar with.”
“Since 2001, LearnTrak has been successfully used by companies across Retail, Banking, Pharma, IT and FMCG verticals. While in the past, employees at offices with good internet connectivity benefitted from eLearning, field sales teams and others deployed in remote locations were deprived of such trainings. With the new LearnTrak, information can be accessed even in areas that have low bandwidth or no internet connectivity, providing instant access to training, even in the most remote areas” added Manish Sharma, Vice President – Sales at 24x7 Learning.
*LearnTrak provides:*
· An organized approach for learners to access learning
· Mobile learning
· Extends learners’ access to business critical information and performance support material beyond the office environment
· Provision for administrators to create and deliver knowledge nuggets, how–to videos, podcasts and other learning materials to a mobile workforce – anywhere and anytime
· Heightened security
· Better management of space on employee devices
· Provision for administrators to bundle all learning materials (including courses, podcasts, videos, flashcards, etc.) pertaining to a topic in a Learning Plan, which can be assigned to learners
· MIS and Reports
· A comprehensive support packageLearnTrak is a Next-Gen LMS that embodies on-the-go learning and brings the best of self-paced online, mobile, and instructor-led learning experiences.
*About 24x7 Learning*
As one of foremost pioneers in the eLearning field, 24×7 Learning’s eLearning solutions transcend geographical barriers and spreads learning to the farthest corners of the civilized world – all with the help of internet connectivity. Since 2001, 24×7 Learning’s solutions have touched learners in over 225 global corporates that include the likes of Samsung, JP Morgan, Dubai Airports, Dell and Vodafone, to name a few. 24x7 Learning has helped train over 2.5 million learners across 35 countries by providing end to end technology and a one-stop solution for all training needs.
Apart from its Online Learning platform, LearnTrak LMS that enables organizations to host and launch eLearning courses and helps align learning activities to business objectives, 24×7 Learning has a feature-rich Mobile Learning platform for corporates and educators known as LearnTrakEdu that is designed to offer learners an engaging, intuitive, collaborative and personalized learning experience.
24x7 Learning also creates high impact and engaging Custom Content. Its development expertise includes rapid authoring, interaction-based learning, scenario-based learning, application simulation and game-based learning.
To know more about the solutions offered by 24x7 learning, visit www.24x7learning.com Reported by Business Wire India 4 hours ago.
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Alkame Water Partners With Top MMA Athletes and Trainers for Muscle Recovery Research Study
LAS VEGAS, NV--(Marketwired - Jun 12, 2014) - Alkame Holdings, Inc. (OTCBB: ALKM) (OTCQB: ALKM), a health and technology holding company with a focus on patentable, innovative, and eco-friendly consumer products, is pleased to announce that it has initiated a Muscle Recovery Research Study utilizing its patented and proprietary micro-clustered, alkaline, antioxidant, and oxygenated bottled water. The comprehensive research study will be conducted in partnership with several leading professional Mixed Martial Arts companies and has been designed to provide further real world data and documentation of the sports performance and recovery benefits of drinking Alkame bottled water.
Reported by Marketwired 5 hours ago.
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BlackLine Systems to Present at 2014 AICPA Hospitality Industry Conference in Las Vegas
LOS ANGELES, June 12, 2014 /PRNewswire/ -- Representativesfrom global hospitality industry giant MGM Resorts International and financial close software leader BlackLine Systems will present togeth...
Reported by FinanzNachrichten.de 5 hours ago.
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Chilling Video Shows Las Vegas Rampage Suspects' Final Moments
The final moments of Jerad and Amanda Miller, the husband and wife shooting team who killed two cops and a civilian before shot by coops in a Walmart.
Reported by ABCNews.com 5 hours ago.
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LiveDeal, Inc. Reports Nearly 250 Percent Increase In Traffic Resulting from Recent Ad Campaign
LAS VEGAS--(BUSINESS WIRE)--LiveDeal Inc. (NASDAQ:LIVE) ("LiveDeal" or the "Company"), a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish “real-time” and “instant offers” to nearby consumers, today announces its recent 35 city ad campaign has netted a 244 percent increase in site visits in its first week, compared to site traffic over the same period during the prior month. A previously announced, LiveDeal’s 3
Reported by Business Wire 5 hours ago.
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Halliburton Ruling Could Be A Big Win For Big Pharma, Wall Street
NEW YORK, June 12 (Reuters) - Within the next two weeks, the U.S. Supreme Court is expected to rule in a major case that could make it much harder for shareholders to band together against public companies in securities fraud class actions.
If the court rules in favor of Halliburton and against a group of shareholders, then the oilfield services company won't be the only business to gain. A handful of other major companies would also likely reap immediate benefit.
Those companies, including drug makers Merck & Co Inc and Pfizer Inc, banks HSBC Holdings Plc and Regions Financial Corp, and casino company Las Vegas Sands Corp, are defendants in shareholder lawsuits that have been granted class action status.
A decision setting a higher bar for class actions would not end the lawsuits, but it would allow these defendants to file briefs demanding that shareholders have to again seek court approval for the status - and this time under a new, tougher standard. If they fail to get that approval, the cases would effectively end.
In 2013, settlements were reached in 67 cases totaling $4.8 billion, according to Cornerstone Research. A ruling in the oil company's favor in Halliburton v. Erica P. John Fund could save other businesses facing pending class actions hundreds of millions of dollars collectively.
Around 200 shareholder class actions are filed every year alleging that misleading statements and material omissions made by companies and their executives caused a stock's share price to drop. Nearly 400 shareholder securities class actions are pending in various stages of litigation, according to data gathered by the Stanford Law School Securities Class Action Clearinghouse.
But only a relatively small number of the pending cases have been granted class action status. In each instance, a judge must determine at a certification hearing whether the status is appropriate. One consideration is whether the people in the class have common issues or merely related ones. To be a class, they must have common issues.
'FRAUD ON THE MARKET'
Class certification is a critical stage in shareholder class actions because it puts pressure on defendants to settle by increasing the liability they face.
Generally, the larger the class size, the more damages a company faces and the more that plaintiffs' lawyers can make. Law firms can receive as much as a third of the settlement in attorneys' fees.
In the case before the Supreme Court, Halliburton is seeking to overturn a 1988 decision, Basic v. Levinson, which adopted the "fraud on the market theory." Under the theory, a defendant's material misrepresentation that affects the price of publicly traded securities is presumed to have been relied on by a purchaser who suffered a loss.
That theory assumes public information about a company is known to the market and plaintiffs do not have to show that they relied on a specific misrepresentation, only that they purchased shares before the truth came out.
In the case against Halliburton, shareholders alleged it understated asbestos liabilities while overstating both revenues in its engineering and construction business and the benefits of its merger with Dresser Industries.
The court has several options, including leaving intact Basic v. Levinson to maintain the status quo. At the other extreme, it could overturn Basic v. Levinson - and so doom securities class actions by requiring plaintiffs to show they relied on misinformation when they purchased securities.
A third option would be to find a middle ground that would require plaintiffs to show that the misrepresentation had a significant effect on the stock price but that would not overturn Basic. During oral arguments, some of the justices appeared to signal that the middle option would be their preference.
The middle option would still be a win for the defendant corporations by creating more hurdles for shareholders to clear before being allowed to sue as a group.
Merck is facing one of the largest pending shareholder cases that already has class action status.
The lawsuit, filed in 2005, alleges that the company made misleading statements about its painkiller drug Vioxx, which the company withdrew from the market in 2004 over concerns that it increased the risk of heart attacks and strokes. The plaintiffs alleged that after Merck disclosed the problems with Vioxx, its market capitalization shrunk by billions of dollars.
In January 2013, U.S. District Judge Stanley Chesler of New Jersey certified a class of individuals and entities who purchased Merck securities from May 21, 1999, to Sept. 29, 2004.
HALT IN THE PROCEEDINGS
Foreshadowing the potential impact of the Halliburton decision, a lawyer for Merck in November asked a federal judge in New Jersey to put a halt to proceedings in the case pending the outcome of the Supreme Court decision in Halliburton. The lawyer said the plaintiffs' case rested squarely on the fraud on the market theory and that part of the case would likely have to be re-litigated following the Halliburton decision.
The court denied the request.
Merck and an attorney for the plaintiffs had no comment on the potential impact of Halliburton on the case.
HSBC could also benefit from the Supreme Court's ruling. The bank is appealing a $2.46 billion judgment against one of the company's units, formerly known as Household International Inc. The plaintiffs alleged that Household was engaged in systemic predatory lending and that it misrepresented the credit quality of its loan portfolio.
The judgment, entered by a federal judge in Chicago last year, was the largest ever following a securities fraud class action trial, according to the plaintiffs' law firm.
On appeal to the 7th U.S. Circuit Court of Appeals, lawyers for HSBC are seeking an order vacating the judgment and sending the case back to the district court. In a brief filed in February, HSBC said that if the Supreme Court jettisons Basic's presumption of reliance on a misrepresentation, a class status review "will be beyond question."
Pfizer is facing a trial later this year over allegations made by shareholders that it fraudulently misrepresented the safety of its Celebrex and Bextra pain-relieving drugs. The lawsuit covers investors who bought Pfizer stock between Oct. 31, 2000, and Oct. 19, 2005, a period in which the company's share price fell by roughly half and its market value tumbled by well over $100 billion.
Pfizer and the plaintiffs agreed to delay the trial until after the Halliburton decision. In a letter to the court, Pfizer said it believed that after the Halliburton decision, it "may be necessary to revisit class certification or other pre-trial motion practice." (Reporting by Andrew Longstreth; Editing by Howard Goller, Amy Stevens and Martin Howell) Reported by Huffington Post 4 hours ago.
If the court rules in favor of Halliburton and against a group of shareholders, then the oilfield services company won't be the only business to gain. A handful of other major companies would also likely reap immediate benefit.
Those companies, including drug makers Merck & Co Inc and Pfizer Inc, banks HSBC Holdings Plc and Regions Financial Corp, and casino company Las Vegas Sands Corp, are defendants in shareholder lawsuits that have been granted class action status.
A decision setting a higher bar for class actions would not end the lawsuits, but it would allow these defendants to file briefs demanding that shareholders have to again seek court approval for the status - and this time under a new, tougher standard. If they fail to get that approval, the cases would effectively end.
In 2013, settlements were reached in 67 cases totaling $4.8 billion, according to Cornerstone Research. A ruling in the oil company's favor in Halliburton v. Erica P. John Fund could save other businesses facing pending class actions hundreds of millions of dollars collectively.
Around 200 shareholder class actions are filed every year alleging that misleading statements and material omissions made by companies and their executives caused a stock's share price to drop. Nearly 400 shareholder securities class actions are pending in various stages of litigation, according to data gathered by the Stanford Law School Securities Class Action Clearinghouse.
But only a relatively small number of the pending cases have been granted class action status. In each instance, a judge must determine at a certification hearing whether the status is appropriate. One consideration is whether the people in the class have common issues or merely related ones. To be a class, they must have common issues.
'FRAUD ON THE MARKET'
Class certification is a critical stage in shareholder class actions because it puts pressure on defendants to settle by increasing the liability they face.
Generally, the larger the class size, the more damages a company faces and the more that plaintiffs' lawyers can make. Law firms can receive as much as a third of the settlement in attorneys' fees.
In the case before the Supreme Court, Halliburton is seeking to overturn a 1988 decision, Basic v. Levinson, which adopted the "fraud on the market theory." Under the theory, a defendant's material misrepresentation that affects the price of publicly traded securities is presumed to have been relied on by a purchaser who suffered a loss.
That theory assumes public information about a company is known to the market and plaintiffs do not have to show that they relied on a specific misrepresentation, only that they purchased shares before the truth came out.
In the case against Halliburton, shareholders alleged it understated asbestos liabilities while overstating both revenues in its engineering and construction business and the benefits of its merger with Dresser Industries.
The court has several options, including leaving intact Basic v. Levinson to maintain the status quo. At the other extreme, it could overturn Basic v. Levinson - and so doom securities class actions by requiring plaintiffs to show they relied on misinformation when they purchased securities.
A third option would be to find a middle ground that would require plaintiffs to show that the misrepresentation had a significant effect on the stock price but that would not overturn Basic. During oral arguments, some of the justices appeared to signal that the middle option would be their preference.
The middle option would still be a win for the defendant corporations by creating more hurdles for shareholders to clear before being allowed to sue as a group.
Merck is facing one of the largest pending shareholder cases that already has class action status.
The lawsuit, filed in 2005, alleges that the company made misleading statements about its painkiller drug Vioxx, which the company withdrew from the market in 2004 over concerns that it increased the risk of heart attacks and strokes. The plaintiffs alleged that after Merck disclosed the problems with Vioxx, its market capitalization shrunk by billions of dollars.
In January 2013, U.S. District Judge Stanley Chesler of New Jersey certified a class of individuals and entities who purchased Merck securities from May 21, 1999, to Sept. 29, 2004.
HALT IN THE PROCEEDINGS
Foreshadowing the potential impact of the Halliburton decision, a lawyer for Merck in November asked a federal judge in New Jersey to put a halt to proceedings in the case pending the outcome of the Supreme Court decision in Halliburton. The lawyer said the plaintiffs' case rested squarely on the fraud on the market theory and that part of the case would likely have to be re-litigated following the Halliburton decision.
The court denied the request.
Merck and an attorney for the plaintiffs had no comment on the potential impact of Halliburton on the case.
HSBC could also benefit from the Supreme Court's ruling. The bank is appealing a $2.46 billion judgment against one of the company's units, formerly known as Household International Inc. The plaintiffs alleged that Household was engaged in systemic predatory lending and that it misrepresented the credit quality of its loan portfolio.
The judgment, entered by a federal judge in Chicago last year, was the largest ever following a securities fraud class action trial, according to the plaintiffs' law firm.
On appeal to the 7th U.S. Circuit Court of Appeals, lawyers for HSBC are seeking an order vacating the judgment and sending the case back to the district court. In a brief filed in February, HSBC said that if the Supreme Court jettisons Basic's presumption of reliance on a misrepresentation, a class status review "will be beyond question."
Pfizer is facing a trial later this year over allegations made by shareholders that it fraudulently misrepresented the safety of its Celebrex and Bextra pain-relieving drugs. The lawsuit covers investors who bought Pfizer stock between Oct. 31, 2000, and Oct. 19, 2005, a period in which the company's share price fell by roughly half and its market value tumbled by well over $100 billion.
Pfizer and the plaintiffs agreed to delay the trial until after the Halliburton decision. In a letter to the court, Pfizer said it believed that after the Halliburton decision, it "may be necessary to revisit class certification or other pre-trial motion practice." (Reporting by Andrew Longstreth; Editing by Howard Goller, Amy Stevens and Martin Howell) Reported by Huffington Post 4 hours ago.
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Dickinson Wright Attorney Vishnu Ramaswamy Named to Lawyers of Color's 2014 Hot List
Dickinson Wright PLLC is pleased to announce that Attorney Vishnu Ramaswamy has been named to Lawyers of Color's 2014 Hot List.
WASHINGTON, D.C. (PRWEB) June 12, 2014
Vishnu Ramaswamy, an Associate at Dickinson Wright PLLC, has been named to Lawyers of Color’s Second Annual Hot List, which recognizes early- to mid-career minority attorneys working as in-house counsel, government attorneys, and law firm associates and partners. Dickinson Wright is very pleased to have Mr. Ramaswamy named to this exceptional group.
Honorees will be profiled in Lawyers of Color’s Hot List 2014 Issue (July 2014). The Mid-Atlantic Region honorees will also be feted at a reception hosted by Foley & Lardner on July 22nd. The Honorable George J. Hazel, U.S. District Court for the District of Maryland will offer remarks at the event.
Mr. Ramaswamy focuses his practice in the areas of intellectual property, intellectual property litigation, and patents. He has aided fortune 500 companies to maintain and manage a patent portfolio, and has aided in the due diligence associated with several technology transactions and licensing matters. He is a member of the Virginia State Bar Association, the United States Patent and Trademark Office, the Institute of Electrical and Electronic Engineers, the South Asian Bar Association, and the California Alumni Association. Mr. Ramaswamy received his B.S. from the University of California, Berkeley and his J.D. from the University of Minnesota Law School.
The honorees were chosen through a two-pronged process. The selection committee spent months reviewing nominations and researching bar association publications and legal blogs in order to identify promising candidates. Nominations from mentors, peers, and colleagues were accepted. The selection committee also made editorial picks of attorneys who had noteworthy accomplishments, especially those active in legal pipeline initiatives.
Lawyers of Color was initially founded as On Being a Black Lawyer but now also produces publications for lawyers of South Asian American, Pacific Asian American, Hispanic, and Native American heritage. LOC has been recognized by the American Bar Association, National Black Law Students Association, and National Association of Black Journalists.
About Dickinson Wright PLLC
Dickinson Wright PLLC is a full-service law firm with more than 40 practice areas. Founded in 1878, Dickinson Wright PLLC has over 350 lawyers in offices located in Detroit, Troy, Grand Rapids, Ann Arbor, Lansing, and Saginaw, Mich.; Columbus, Ohio; Las Vegas, Nev.; Nashville, Tenn.; Phoenix, Ariz.; and Washington, D.C. Dickinson Wright LLP has over 35 lawyers in Toronto, Canada. Reported by PRWeb 4 hours ago.
WASHINGTON, D.C. (PRWEB) June 12, 2014
Vishnu Ramaswamy, an Associate at Dickinson Wright PLLC, has been named to Lawyers of Color’s Second Annual Hot List, which recognizes early- to mid-career minority attorneys working as in-house counsel, government attorneys, and law firm associates and partners. Dickinson Wright is very pleased to have Mr. Ramaswamy named to this exceptional group.
Honorees will be profiled in Lawyers of Color’s Hot List 2014 Issue (July 2014). The Mid-Atlantic Region honorees will also be feted at a reception hosted by Foley & Lardner on July 22nd. The Honorable George J. Hazel, U.S. District Court for the District of Maryland will offer remarks at the event.
Mr. Ramaswamy focuses his practice in the areas of intellectual property, intellectual property litigation, and patents. He has aided fortune 500 companies to maintain and manage a patent portfolio, and has aided in the due diligence associated with several technology transactions and licensing matters. He is a member of the Virginia State Bar Association, the United States Patent and Trademark Office, the Institute of Electrical and Electronic Engineers, the South Asian Bar Association, and the California Alumni Association. Mr. Ramaswamy received his B.S. from the University of California, Berkeley and his J.D. from the University of Minnesota Law School.
The honorees were chosen through a two-pronged process. The selection committee spent months reviewing nominations and researching bar association publications and legal blogs in order to identify promising candidates. Nominations from mentors, peers, and colleagues were accepted. The selection committee also made editorial picks of attorneys who had noteworthy accomplishments, especially those active in legal pipeline initiatives.
Lawyers of Color was initially founded as On Being a Black Lawyer but now also produces publications for lawyers of South Asian American, Pacific Asian American, Hispanic, and Native American heritage. LOC has been recognized by the American Bar Association, National Black Law Students Association, and National Association of Black Journalists.
About Dickinson Wright PLLC
Dickinson Wright PLLC is a full-service law firm with more than 40 practice areas. Founded in 1878, Dickinson Wright PLLC has over 350 lawyers in offices located in Detroit, Troy, Grand Rapids, Ann Arbor, Lansing, and Saginaw, Mich.; Columbus, Ohio; Las Vegas, Nev.; Nashville, Tenn.; Phoenix, Ariz.; and Washington, D.C. Dickinson Wright LLP has over 35 lawyers in Toronto, Canada. Reported by PRWeb 4 hours ago.
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Canyon Ranch Announces New International Resort Development
Pioneer in the Field of Health and Wellness Brings Its Cutting-Edge Philosophy to the Heart of Southeast Asia
Tucson, AZ (PRWEB) June 12, 2014
Canyon Ranch, the world’s leading wellness brand, announced today the development of its newest international project, Canyon Ranch Bintan, with additional projects to be announced later in the year. Bringing its fully-integrative approach to health and wellness to residents of Southeast Asia, this destination resort on Bintan Island will be located within the Treasure Bay community, owned by Landmarks Berhad, one of Malaysia’s leading development companies.
Bintan, the largest of 3,200 islands that make up the Riau Island Archipelago, is an established island getaway for residents of Singapore, Jakarta, Kuala Lumpur, and other regional cities. While primarily an agricultural island, the north side, commonly referred to as the ‘resort district’ has been designated as a special economic zone for tourism and has received significant infrastructure investments from Singapore. The island is accessible via a 45-minute high-speed ferry ride from the south shore of Singapore, with the ferry terminal adjacent to the Changi Airport.
Set amidst natural mangroves, overlooking a pristine, white sand beach, Canyon Ranch Bintan will consist of 64 hotel suites and 64 villas, arranged in compound-like configurations of one to three units each. Each villa will be appointed with luxurious finishes, private fitness area and lap pool, as well as service quarters. Villa sales will commence in October 2014, with Canyon Ranch Bintan expected to welcome its first guests in Q3 of 2016.
“What better way to celebrate our 35th anniversary,” stated Peter Smith, Chief Operating Officer, Canyon Ranch. “For the last three decades we have been leading the health and fitness revolution in the United States and are thrilled to bring our signature integrative wellness programming and exceptional customer service to the international market. We look forward to sharing ‘the power of possibility’ with the residents and guests of Treasure Bay Bintan.”
Residents and guests at Canyon Ranch Bintan will have access to a myriad of cutting-edge classes and consultations encompassing the five pillars that make up Canyon Ranch: Health & Healing, Fitness & Movement, Spa & Beauty, Spirituality, and Food & Nutrition. Currently under design, the state-of-the-art integrative health and spa facility will feature a wide breadth of offerings including, private, personalized medical consultations; innovative fitness activities; and pampering, as well as therapeutic skincare and body treatments. The cornerstone of the spa will be Aquavana®, an exclusive European-inspired aqua thermal oasis with experiential rains, herbal laconium, a chill room and crystal steam room focused on the ancient concept of “healing by water” as practiced for centuries in Europe, Asia, and the Americas. A full cadre of outdoor activities, both land and water based, will be available to residents and guests, and all programming will be led by highly-trained Canyon Ranch practitioners and instructors. Canyon Ranch Bintan will feature Canyon Ranch’s award-winning cuisine and beverage program, featuring sustainable and bio-dynamic wine and spirits.
“We are delighted to partner with a world leading brand like Canyon Ranch,” stated Paul Leong, Chief Operating Officer of Treasure Bay Bintan. “We believe their expertise will enhance the prestige and positioning of Treasure Bay Bintan as a premier destination. This collaboration is in line with our vision of offering a unique and positive experience for all who visit here."
About Canyon Ranch
Canyon Ranch pioneered the evolution of the wellness lifestyle and has been an industry leader for close to 35 years. Operating the world’s most celebrated collection of life-enhancement properties, Canyon Ranch has destination health resorts in Tucson, Ariz., Lenox Mass., as well as Canyon Ranch Hotel & Spa in Miami Beach, the nation’s first luxury wellness hotel and residential community. In addition, Canyon Ranch operates a SpaClub at The Venetian & The Palazzo in Las Vegas, Nev., Canyon Ranch SpaClub at Sea onboard Cunard’s Queen Mary 2 luxury ocean liner, the seven ships that make up Oceania and Regent Seven Seas Cruises and the newest addition, aboard Celebrity Cruises. Canyon Ranch has been named the “Healthiest Spa in America” by Health magazine as well as the “Best Spa for Food” by Gourmet magazine. Additionally, Canyon Ranch is a 13-time winner of Travel + Leisure’s Best Spa Award and an 11-time recipient of the Condé Nast Traveler Best Destination Spa Award.
About Landmarks Berhad
Landmarks Berhad is a property investment company listed on the Kuala Lumpur stock exchange since 1990. The company's vision is to become a leading player in the Southeast Asian lifestyle sector. Landmarks has extensive resort development experience through its 20 years of developing and owning luxury hotels in Malaysia. Reported by PRWeb 4 hours ago.
Tucson, AZ (PRWEB) June 12, 2014
Canyon Ranch, the world’s leading wellness brand, announced today the development of its newest international project, Canyon Ranch Bintan, with additional projects to be announced later in the year. Bringing its fully-integrative approach to health and wellness to residents of Southeast Asia, this destination resort on Bintan Island will be located within the Treasure Bay community, owned by Landmarks Berhad, one of Malaysia’s leading development companies.
Bintan, the largest of 3,200 islands that make up the Riau Island Archipelago, is an established island getaway for residents of Singapore, Jakarta, Kuala Lumpur, and other regional cities. While primarily an agricultural island, the north side, commonly referred to as the ‘resort district’ has been designated as a special economic zone for tourism and has received significant infrastructure investments from Singapore. The island is accessible via a 45-minute high-speed ferry ride from the south shore of Singapore, with the ferry terminal adjacent to the Changi Airport.
Set amidst natural mangroves, overlooking a pristine, white sand beach, Canyon Ranch Bintan will consist of 64 hotel suites and 64 villas, arranged in compound-like configurations of one to three units each. Each villa will be appointed with luxurious finishes, private fitness area and lap pool, as well as service quarters. Villa sales will commence in October 2014, with Canyon Ranch Bintan expected to welcome its first guests in Q3 of 2016.
“What better way to celebrate our 35th anniversary,” stated Peter Smith, Chief Operating Officer, Canyon Ranch. “For the last three decades we have been leading the health and fitness revolution in the United States and are thrilled to bring our signature integrative wellness programming and exceptional customer service to the international market. We look forward to sharing ‘the power of possibility’ with the residents and guests of Treasure Bay Bintan.”
Residents and guests at Canyon Ranch Bintan will have access to a myriad of cutting-edge classes and consultations encompassing the five pillars that make up Canyon Ranch: Health & Healing, Fitness & Movement, Spa & Beauty, Spirituality, and Food & Nutrition. Currently under design, the state-of-the-art integrative health and spa facility will feature a wide breadth of offerings including, private, personalized medical consultations; innovative fitness activities; and pampering, as well as therapeutic skincare and body treatments. The cornerstone of the spa will be Aquavana®, an exclusive European-inspired aqua thermal oasis with experiential rains, herbal laconium, a chill room and crystal steam room focused on the ancient concept of “healing by water” as practiced for centuries in Europe, Asia, and the Americas. A full cadre of outdoor activities, both land and water based, will be available to residents and guests, and all programming will be led by highly-trained Canyon Ranch practitioners and instructors. Canyon Ranch Bintan will feature Canyon Ranch’s award-winning cuisine and beverage program, featuring sustainable and bio-dynamic wine and spirits.
“We are delighted to partner with a world leading brand like Canyon Ranch,” stated Paul Leong, Chief Operating Officer of Treasure Bay Bintan. “We believe their expertise will enhance the prestige and positioning of Treasure Bay Bintan as a premier destination. This collaboration is in line with our vision of offering a unique and positive experience for all who visit here."
About Canyon Ranch
Canyon Ranch pioneered the evolution of the wellness lifestyle and has been an industry leader for close to 35 years. Operating the world’s most celebrated collection of life-enhancement properties, Canyon Ranch has destination health resorts in Tucson, Ariz., Lenox Mass., as well as Canyon Ranch Hotel & Spa in Miami Beach, the nation’s first luxury wellness hotel and residential community. In addition, Canyon Ranch operates a SpaClub at The Venetian & The Palazzo in Las Vegas, Nev., Canyon Ranch SpaClub at Sea onboard Cunard’s Queen Mary 2 luxury ocean liner, the seven ships that make up Oceania and Regent Seven Seas Cruises and the newest addition, aboard Celebrity Cruises. Canyon Ranch has been named the “Healthiest Spa in America” by Health magazine as well as the “Best Spa for Food” by Gourmet magazine. Additionally, Canyon Ranch is a 13-time winner of Travel + Leisure’s Best Spa Award and an 11-time recipient of the Condé Nast Traveler Best Destination Spa Award.
About Landmarks Berhad
Landmarks Berhad is a property investment company listed on the Kuala Lumpur stock exchange since 1990. The company's vision is to become a leading player in the Southeast Asian lifestyle sector. Landmarks has extensive resort development experience through its 20 years of developing and owning luxury hotels in Malaysia. Reported by PRWeb 4 hours ago.
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