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APHRIA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against…

Saturday December 15 th 2018

NEW ORLEANS, Dec. 14, 2018 /PRNewswire/ – Kahn Swick Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilFebruary 4, 2019 to file lead plaintiff applications in a securities class action lawsuit against Aphria Inc. (NYSE: APHA), if they purchased the Company’s securities between July 17, 2018 and December 4, 2018, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Southern District of New York.

Kahn Swick  Foti, LLC (

What You May Do

If you purchased securities of Aphria and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (), or visit to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by February 4, 2019.

About the Lawsuit

Aphria and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On December 3, 2018, Hindenburg Research reported in an article entitled an article, “Aphria: A Shell Game with a Cannabis Business on the Side,” that an extensive investigation revealed that “Aphria is part of a scheme orchestrated by a network of insiders to divert funds away from shareholders into their own pockets” and detailing the questionable value of its investments. 

On this news, the price of Aphria’s shares plummeted.

The case is Gloschat v. Aphria Inc. et al, 18-cv-11427.

About Kahn Swick Foti, LLC

KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit .

Contact:

Kahn Swick Foti, LLC
Lewis Kahn, Managing Partner

1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

 

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SOURCE Kahn Swick Foti, LLC

YELP INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Yelp, Inc.

NEW ORLEANS, Dec. 14, 2018 /PRNewswire/ – Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Yelp, Inc. (NYSE: YELP).  

Kahn Swick  Foti, LLC (

Beginning in 2016, the Company concentrated its efforts on local business advertising revenue through promotional offers to local businesses, resulting in a substantial volume of advertisers added in Q1 2016 under one-year contracts with large early termination fees.  Subsequently, despite knowing that a significant number of contracts would terminate in late 2016 and early 2017, the Company continued to tout its high advertiser retention levels to investors, even blaming a late 2016 slowdown on the election cycle and vacation time rather than any systemic problem.   On May 9, 2017, the Company disclosed its financial results for Q1 2017 including a significant decrease to revenue guidance, resulting in the Company’s share value plummeting by more than 18%.

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court in that case denied the Company’s motion to dismiss in part, allowing the case to move forward.

KSF’s investigation is focusing on whether Yelp’s officers and/or directors breached their fiduciary duties to Yelp’s shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of Yelp shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (), or visit to learn more.

About Kahn Swick Foti, LLC

KSF, whose partners include Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit .

Contact:

Kahn Swick Foti, LLC
Lewis Kahn, Managing Partner

1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

 

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SOURCE Kahn Swick Foti, LLC

NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation

NEW ORLEANS, Dec. 14, 2018 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI).

Kahn Swick  Foti, LLC (

Throughout 2017 and 2018, the Company was named as a defendant in several civil lawsuits filed by the U.S. Consumer Financial Protection Bureau and Attorneys General from Illinois, Pennsylvania, Washington, California and Mississippi for violations of state and federal consumer protection laws, based on allegations of widespread acts of misconduct detrimental to borrowers of the loans it services.  On October 16, 2017, the Company was sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which is ongoing.  On October 3, 2018, the Company was sued in federal court in a consumer class action lawsuit for misleading borrowers regarding the terms and options for their loans in violation of numerous state and federal laws. Recently, media reports revealed a Department of Education audit that found Navient had boosted its profits by steering borrowers into higher-cost repayment plans.

The actions of the Company’s executives have exposed it to potential penalties, fines and other financial losses from the numerous investigations and lawsuits by public officials, consumers and shareholders.

KSF’s investigation is focusing on whether Navient’s officers and/or directors breached their fiduciary duties to Navient’s shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of Navient shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (), or visit to learn more.

About Kahn Swick Foti, LLC

KSF, whose partners include Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit .

Contact:

Kahn Swick Foti, LLC
Lewis Kahn, Managing Partner

1-877-515-1850
206 Covington St.
Madisonville, LA 70447

 

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SOURCE Kahn Swick Foti, LLC

Packers Plus QuickFRAC® Limited Entry System Provides Higher Production for Operator in the Middle East

Thursday December 13 th 2018

CALGARY, Alberta, December 13, 2018 /PRNewswire/ –

Packers Plus Energy Services Inc. is pleased to announce a successful completion using the QuickFRAC® multi-stage completion system for an operator in the Middle East. A new configuration of the open hole, limited entry system was designed and implemented for the lowest cost with maximal operational efficiency and improved reservoir productivity.

The configuration of this QuickFRAC system, a combination of ball-activated limited entry QuickPORT™ V sleeves, dual element RockSEAL® H2 packers and single element swellable packers, included a total of 19 entry points spread across 7 stages. Analysis after the stimulation showed more than 20 fractures had been initiated.

Compared to four offset wells, the QuickFRAC well achieved the highest initial production among the wells. Initial production data showed this well achieved 32% to 76% higher production compared to the offset wells.

“In this current market we’re focusing on technologies that maximize efficiencies for our customers,” says Stuart Wilson, Regional General Manager- MENA. “This operation confirms the value of the QuickFRAC system and its ability to deliver superior production results in numerous formations around the world.”

To learn more about Packers Plus international experience, visit packersplus.com/proven-performance 

About Packers Plus
Packers Plus is an industry leader in designing and manufacturing lower completions solutions for a variety of technically challenging applications. Known for its innovative, high-quality and responsive style, the privately held company has run over 17,500 completion systems, accounting for over 280,000 fracture stages since it started operations in 2000. Today, Packers Plus has employees around the world, maintaining an influential role in key markets and remaining true to its roots-innovation-enabling it to be one of the best in the industry. Learn more at packersplus.com.

Ian Bryant, President CEO, Packers Plus Energy Services Inc., ian.bryant@packersplus.com, +1-(281)-587-7446; Tess MacLeod, Manager, Marketing Communications, Packers Plus Energy Services Inc., tess.macleod@packersplus.com , +1-(403)-234-6011

Largo Resources Announces Repurchase of US$16.2 Million of its 9.25% Senior Secured Notes Due 2021

TORONTO, Dec. 12, 2018/CNW/ - Largo Resources Ltd. (“Largo” or the “Company“) (TSX: LGO) (OTCQX: LGORF) announces today that it has repurchased and retired US$16.2 million in aggregate principal amount plus premium and accrued and unpaid interest in consideration for the payment of US$17 million in cash. Following this repurchase for cancellation the remaining aggregate principal amount outstanding on the Company’s 9.25% Senior Secured Notes due 2021 (the “Notes“) is US$118.8 million, representing a decrease of approximately 12%. The Notes were repurchased at 104.25% which is well below the premium the Company would have been required to pay pursuant to the repurchase mechanisms set out in the indenture governing the Notes. The Company worked with Jefferies LLC who arranged for and facilitated the repurchase of the Notes.

Mark Smith, Chief Executive Officer for Largo, stated: “We are very pleased that when the opportunity arose, Largo’s solid balance sheet and liquidity allowed the Company to repurchase and retire a portion of its outstanding Notes in a timely manner. Going forward, Largo will continue to look for strategic investments that yield significant returns on investment while at the same time maximizing the Company’s shareholder value.”

About Largo Resources

Largo is a Toronto-based strategic mineral company focused on the production of vanadium flake, high purity vanadium flake and high purity vanadium powder at the Maracás Menchen Mine located in Bahia State, Brazil. The Company’s common shares are principally listed on the Toronto Stock Exchange under the symbol “LGO”. For more information on Largo, please visit our website at www.largoresources.com.

Forward-looking Statements

This press release contains forward-looking information under Canadian securities legislation.  Forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Largo to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Largo and in its public documents filed on SEDAR from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Largo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Largo’s annual and interim MDAs.

Neither the Toronto Stock Exchange (nor its regulatory service provider) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Largo Resources Ltd.