variednews: Samsung Biologics Issues Its First Annual Sustaina...

variednews: Samsung Biologics Issues Its First Annual Sustaina...: INCHEON, South Korea, June 24: Samsung Biologics (KRX: 207940.KS), the world's leading contract development and manufacturing organi...

Samsung Biologics Issues Its First Annual Sustainability Report

INCHEON, South Korea, June 24: Samsung Biologics (KRX: 207940.KS), the world's leading contract development and manufacturing organization (CDMO), published its first annual sustainability report, consolidating the company's policies for an enhanced ESG management system and related plans. The report focuses on the company's commitment to taking part in social responsibility over the past decade and its future plans for the next ten years and beyond. Samsung Biologics Issues Its First Annual Sustainability Report Samsung Biologics Issues Its First Annual Sustainability Report John Rim, CEO of Samsung Biologics, said, "The publication of our annual sustainability report showcases our aims to accelerate innovation and contribute to building a healthier future for all stakeholders. As we have always been since our founding in 2011, Samsung Biologics will continue to carry out its social accountability - creating a safer and healthier culture, reducing its environmental footprint, and increasing reporting transparency on ESG initiatives." In the report, Samsung Biologics stated its plans to build an eco-friendly business environment, supported by recently awarded ISO Certifications for Energy Management (ISO5000) and Occupational Health and Safety Management (ISO45001). The company is also planning to install solar powered generators and introduce eco-friendly refrigerants to its Plant 4, which is currently under construction. The report also focuses on the various social activities Samsung Biologics has been taking part in, including a scholarship and mentoring program for students and medical care support for the most vulnerable members of the local community. Furthermore, the report exhibits the company's collaborative efforts with its partners, including the support for domestic suppliers and localization efforts to improve supply chains. In February this year, Samsung Biologics established an ESG Committee to construct and supervise its managerial policies. The committee consists of four independent directors with expertise in the fields of management, economy, biotechnology, and law and systems. The committee is expected to closely monitor the ESG performance of Samsung Biologics moving forward. In order to stably supply biopharmaceuticals to the market while also protecting the assets of its clients, Samsung Biologics is operating under a robust and proactive management system. Since 2018, the company has obtained BCMS (Business Continuity Management System) ISO certification from BSI (British Standard Institution) and has recently been certified across all business areas. This extended achievement has reaffirmed Samsung Biologics' capabilities to stably operate in a dynamic business environment whilst maximizing clients' satisfaction and fulfilling its social responsibilities. About Samsung Biologics Co., Ltd. Samsung Biologics (KRX: 207940.KS) is a fully integrated CDMO offering state-of-the-art contract development, manufacturing, and laboratory testing services. With proven regulatory approvals, the largest capacity, and the fastest throughput, Samsung Biologics is an award-winning partner of choice and is uniquely able to support the development and manufacturing of biologics products at every stage of the process while meeting the evolving needs of biopharmaceutical companies worldwide. For more information, visit www.samsungbiologics.com.

variednews: U.S. Senators And Congressmen Respond To Byron All...

variednews: U.S. Senators And Congressmen Respond To Byron All...: LOS ANGELES, June 24: Allen Media Group Founder/Chairman/CEO, Byron Allen, today announced his call to action to strengthen the original ...

U.S. Senators And Congressmen Respond To Byron Allen's Call To Action To Revise And Update Federal Civil Rights Law

LOS ANGELES, June 24: Allen Media Group Founder/Chairman/CEO, Byron Allen, today announced his call to action to strengthen the original civil rights act in America, which was put into law in the year 1866, has successfully achieved political support in both houses of Congress. Today, U.S. Senators Richard Blumenthal (CT), Cory Booker (NJ), and Ron Wyden (OR) along with Representatives Jamie Raskin (MD-08) and Mondaire Jones (NY-17) introduced the Economic Inclusion Civil Rights Act of 2021 -- legislation that would amend and strengthen Section 1981, the nation's oldest federal civil rights law enacted as part of the Civil Rights Act of 1866. This is the same civil rights statute that was at issue in the case Allen litigated to a decision in the U.S. Supreme Court. This companion legislation would revitalize Section 1981's original goal of achieving true economic inclusion for all people in the U.S. by overturning several U.S. Supreme Court decisions that restricted minorities' ability to prove racial discrimination in contracting decisions. The legislation would allow plaintiffs to prove illegal racial discrimination through actual discriminatory effects, rather than the harder-to-prove 'discriminatory intent' standard, and by showing that race was one of several material factors, not the only factor, in denying racial minorities the ability to enter contracts. A wide range of stakeholders from academia, business, and law voice strong support for the measure. "I personally campaigned for this legislation, and I truly appreciate U.S. Senators Richard Blumenthal, Cory Booker and Ron Wyden and U.S. Representatives Jamie Raskin and Mondaire Jones for supporting my call to action with their heartfelt dedication and tireless efforts in expanding and improving upon Section 1981 to achieve racial justice and economic inclusion for all Americans, especially for African Americans, the furthest left behind economically," said Byron Allen, Founder/Chairman/CEO of Allen Media Group. "I believe the Economic Inclusion Civil Rights Act of 2021, when enacted, will benefit not only African Americans who have been shut out of our economy, but all Americans who want greater prosperity and fairness for everyone." "It is very difficult to prove intentional discrimination, and unfortunately, the United States Supreme Court has greatly weakened the protections of Section 1981, which is essential for remedying the pervasive racial discrimination and inequalities in the American economy," said Dean Erwin Chemerinsky of the University of California, Berkeley, School of Law. "Congress can and must remedy this through the proposed legislation." About Allen Media Group/Entertainment Studios Chairman and CEO Byron Allen founded Allen Media Group/Entertainment Studios in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Atlanta, and Raleigh. Allen Media Group owns 23 ABC-NBC-CBS-FOX network affiliate broadcast television stations in 19 U.S. markets and twelve 24-hour HD television networks serving nearly 180 million subscribers: THE WEATHER CHANNEL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICE CENTRAL.TV, THEGRIO.TV, THIS TV, LOCAL NOW TV, and PATTRN. Allen Media Group will add its thirteenth network, THE WEATHER CHANNEL EN ESPANOL in 2021. Allen Media Group also owns LOCAL NOW and THE GRIO free-streaming AVOD services, powered by THE WEATHER CHANNEL and content partners, which delivers real-time, hyper-local news, weather, traffic, sports, and lifestyle information. Allen Media Group also produces, distributes, and sells advertising for 67 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming for broadcast television stations. Allen Media Group International Television continues to extend its corporate branding and content around the globe. It currently has active license agreements and programming in South Africa, The United Arab Emirates, Australia, The Bahamas, Canada and New Zealand. With a library of over 5,000 hours of owned content across multiple genres, Allen Media Group provides video content to broadcast television stations, cable television networks, mobile devices, multimedia platforms, and the World Wide Web. Our mission is to provide excellent programming to our viewers, online users, and Fortune 500 advertising partners. Entertainment Studios Motion Pictures is a full-service, theatrical motion picture distribution company specializing in wide release commercial content. ESMP released 2017's highest-grossing independent movie, the shark thriller 47 METERS DOWN, which grossed over $44.3 million. In 2018, ESMP also released the critically-acclaimed and commercially successful Western HOSTILES, the historic mystery-thriller CHAPPAQUIDDICK and the sequel to 47 METERS DOWN, 47 METERS DOWN: UNCAGED. The digital distribution unit of Entertainment Studios Motion Pictures, Freestyle Digital Media, is a premiere multi-platform distributor with direct partnerships across all major cable, digital and streaming platforms. Capitalizing on a robust infrastructure, proven track record and a veteran sales team, Freestyle Digital Media is a true home for independent films. In 2016, Allen Media Group purchased The Grio, a highly-rated digital video-centric news community platform devoted to providing African-Americans with compelling stories and perspectives currently underrepresented in existing national news outlets. The Grio features aggregated and original video packages, news articles and opinion pieces on topics that include breaking news, politics, health, business and entertainment. Originally launched in 2009, the platform was then purchased by NBC News in 2010. The digital platform remains focused on curating exciting digital content and currently has more than 100 million annual visitors. For more information, visit: www.entertainmentstudios.com

variednews: SHAREHOLDER ALERT: Pomerantz Law Firm Investigates...

variednews: SHAREHOLDER ALERT: Pomerantz Law Firm Investigates...: NEW YORK, June 24: Pomerantz LLP is investigating claims on behalf of investors of Tarena International, Inc. ("Tarena" or the...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tarena International, Inc. - TEDU

NEW YORK, June 24: Pomerantz LLP is investigating claims on behalf of investors of Tarena International, Inc. ("Tarena" or the "Company") (NASDAQ: TEDU). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Tarena and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On April 30, 2019, Tarena filed a Form NT 20-F Notification of inability to timely file a Form 20-F for the fiscal year ended December 31, 2018 with the U.S. Securities and Exchange Commission ("SEC"). The Company stated that the delay in filing the Form 20-F was due, in part, to, "the independent audit committee of the registrant's board of directors . . . conducting a review of certain issues identified during the course of the audit of the registrant's financial statements for the year ended December 31, 2018, including issues related to the registrant's revenue recognition." On this news, Tarena's American depositary share ("ADS") price fell $0.06 per ADS, or 1.2%, to close at $5.02 per ADS on May 1, 2019. Then, on May 17, 2019, Tarena filed a Form 6-K with the SEC announcing that it "received a notification letter from Nasdaq Listing Qualifications [. . .] stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Annual Report on Form 20-F for the year ended December 31, 2018." On this news, Tarena's ADS price fell $0.19 per ADS, or 4.8%, to close at $3.73 per ADS on May 20, 2019. On July 24, 2019, Tarena filed a Form 6-K with the SEC providing an update on the audit committee's independent review of the Company's financial statements, stating in relevant part that the Company "expects that its historical disclosure of its financial results and audited financial statements for its fiscal year ended December 31, 2017, as well as the financial results and audited financial statements for periods prior to 2017, may need to be restated and should not be relied upon, pending the completion of the Independent Audit Committee Review." On this news, Tarena's ADS price fell $0.08 per ADS, or 4.7%, to close at $1.63 per ADS on July 25, 2019. Finally, on November 1, 2019, Tarena filed a Form 6-K announcing results of its independent investigation, in which Tarena disclosed, among other things, that the investigation had revealed inaccuracies in the Company's revenues and expenses, conflicts of interest and related party transactions, and interference with external audit processes. Accordingly, Tarena advised that its financial statements from 2014 through 2018 could not be relied upon and would need to be restated. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

variednews: SORCIA Minerals Aquires Lithium Rights In The Sala...

variednews: SORCIA Minerals Aquires Lithium Rights In The Sala...: SANTIAGO, Chile, June 24: SORCIA CHILE SPA (SORCIA), a wholly owned subsidiary of the US company, SORCIA MINERALS LLC, reached an agreeme...