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Latest Financial system Stories

2014-05-15 23:08:36

Latest version enhances Know Your Customer (KYC) services to broaden international reach, reduces false positives with improved Anti-Money Laundering (AML) analytics, and expands anti-fraud rules for automated manual review process. Palo Alto, CA (PRWEB) May 15, 2014 IdentityMind Global™ announced today Version 1.15 of its flagship Anti-Fraud and Risk Management Platform. This version enhances key aspects across the platform, introducing document and SMS text verification during the...

2014-05-09 20:22:54

NEW YORK, May 9, 2014 /PRNewswire/ -- Pomerantz LLP announces the filing of a class action lawsuit against CytRx Corporation ("CytRx" or the "Company")(NASDAQ: CYTR) and certain of its officers. The class action, filed in United States District Court, Central District of California and docketed under 14-cv-02689, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of CytRX between November 22, 2013 and March 13, 2014, both...

2014-05-08 04:23:19

New KYC Governor(TM) solution from G2 Web Services helps banks comply with Operation Choke Point guidelines for due diligence and monitoring of merchants and third-party payment processors (TPPPs). BELLEVUE, Wash., May 8, 2014 /PRNewswire/ -- G2 Web Services, the leading provider of merchant risk management solutions, today announced a new merchant investigation and monitoring solution that helps banks identify and manage high-risk merchants and third-party payment processors, a...

2014-05-01 20:22:22

MONTREAL, May 1, 2014 /CNW/ - On April 29, 2014, Investissement Québec ("IQ") sold 3,225,806 share purchase warrants of 5N Plus Inc. (the "Issuer"), each (a "Warrant") entitling the holder to subscribe for one share of the Issuer (a "Share") until June 6, 2014 at a price of $5. Before this transaction, IQ owned and controlled 8,626,613 Shares and 3,225,806 Warrants. As a result, IQ held 10.29% of the outstanding Shares on a non-diluted basis and 13.61% on a partially-diluted basis....

2014-04-28 12:35:27

NEW YORK, April 28, 2014 /PRNewswire/ -- INVeSHARE, an innovative provider of regulated shareholder communications, announced today the launch of its Compliance Dashboard, a ground-breaking tool that gives broker dealers complete transparency into the fulfillment and delivery process. INVeSHARE's next-generation compliance monitoring tool provides broker-dealer operations managers with a clear, concise view of the electronic and hard copy communications delivered to account holders....

2014-04-25 08:25:49

JERSEY CITY, N.J., April 25, 2014 /PRNewswire/ -- Kitara Media Corp. (OTCBB: KITM), (the Company) today announced it has entered into definitive agreements with institutional and other investors for the private placement of $7.0 million of the Company's common stock and common stock warrants, including through the conversion of a $1 million promissory note held by Ironbound Partners Fund LLC, an affiliate of the Company's Non-Executive Chairman of the Board....

2014-04-23 16:32:39

PHILADELPHIA, April 23, 2014 /PRNewswire/ -- Destination Maternity Corporation (Nasdaq: DEST), the world's leading maternity apparel retailer, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share. The cash dividend will be payable June 27, 2014 to stockholders of record at the close of business on June 6, 2014. Destination Maternity Corporation is the world's largest designer and retailer of maternity apparel. In the United...

2014-04-23 16:23:39

DENVER, April 23, 2014 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") announced today the pricing of its private placement to eligible purchasers of $600 million in aggregate principal amount of 5.125% senior unsecured notes due December 2022 at par. The offering is expected to close on May 6, 2014, subject to customary closing conditions. http://photos.prnewswire.com/prnvar/20131101/LA09101LOGO Antero estimates that it will receive net...

2014-04-23 08:25:26

DENVER, April 23, 2014 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2022 in a private placement to eligible purchasers. http://photos.prnewswire.com/prnvar/20131101/LA09101LOGO Antero intends to use a portion of the net proceeds of the offering to finance the redemption of its outstanding 7.25%...

2014-04-21 12:27:08

NEW YORK, April 21, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces that a class action lawsuit on behalf of purchasers of GrowLife, Inc. (PHOT) securities between November 14, 2013 and April 9, 2014, inclusive (the "Class Period") has been file in the U.S. District Court for the Central District of California. If you have suffered a net loss from your investment in PHOT securities purchased on or after November 14, 2013, and held through the...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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