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SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired ASP Isotopes Inc. (NASDAQ: ASPI) securities between October 30, 2024 and November 26, 2024. ASP Isotopes is a development stage advanced materials company focused on the production, enrichment, and sale of isotopes. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that ASP Isotopes Inc. (ASPI) Misled Investors Regarding its Uranium Enrichment Technology and Facility According to the complaint, during the class period, defendants failed to disclose that the Company: (1) overstated the potential effectiveness of its enrichment technology; (2) overstated the development potential of its high assay low-enriched uranium facility; and (3) overstated the Company’s nuclear fuels operating segment results. Plaintiff alleges that on November 26, 2024, market research firm Fuzzy Panda Research published a report that alleged the Company is “using old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment.” The report revealed a series of experts interviewed stated the Company’s reported cost estimates and timeline for building its HALEU uranium facilities was misleading to the point of being “delusional.” The report further alleged the Company had significantly overstated the significance of its agreement with TerraPower, which was only a “non-binding” memorandum of understanding entered into to “put pressure on [TerraPower’s] real suppliers.” The report quoted a former TerraPower executives as stating that ASP Isotopes was “missing the manufacturing; They are missing the processes as well; They still have to develop the HALEU...the most important part.” On this news, the Company’s stock price fell $1.80 or 23.53%, to close at $5.85 per share on November 26, 2024, and continued to fall on the subsequent trading date, falling $0.83 or 14.19%, to close at $5.02 per share on November 27, 2024. What Now : You may be eligible to participate in the class action against ASP Isotopes Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against ASP Isotopes Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af960bd5-1ae2-4ed3-afe3-591b09ab920b
Indiana Jones And The Great Circle Has Almost Enough Cut Scenes For Two MoviesRICHMOND, Va. , Nov. 22, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV) ("Universal" or the "Company"), a global business-to-business agriproducts company, today announced that, as expected, on November 19, 2024 , it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC") prior to November 18, 2024 , the end of the extension period provided by Rule 12b -25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from November 18, 2024 , to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. If the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, in its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also noted that the NYSE may nevertheless, in its own discretion, commence delisting proceedings at any time during such period. As previously disclosed in the Company's Notification of Late Filing on Form 12b-25, filed on November 12, 2024 (the "Form 12b-25") with the SEC, the Company was unable to file the Form 10-Q on a timely basis due to an ongoing internal investigation. As a result of the additional time required to complete its internal investigation, the process of finalizing financial statements for the second quarter of fiscal year 2025 could not be completed on a timely basis. The Company is committed to completing a deliberate, thorough investigation while diligently working to fulfill all reporting obligations and currently expects to file the Form 10-Q within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-Q will be filed within such period. About Universal Corporation Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Among other things, these statements include statements regarding expectations about the Company's filing of its Form 10-Q for the quarter ended September 30, 2024 . These forward-looking statements are generally identified by the use of words such as we "expect," "believe," "anticipate," "could," "should," "may," "plan," "will," "predict," "estimate," and similar expressions or words of similar import. These forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results, performance, or achievements to be materially different from any anticipated results, prospects, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the uncertainty of the ultimate findings of the ongoing internal investigation, as well as the timing of its completion and costs and expenses arising out of the ongoing internal investigation process and its results; the impact of the ongoing internal investigation on us, our management and operations, including financial impact as well as any litigation or regulatory action that may arise from the ongoing internal investigation; the impact of the internal investigation on our conclusions regarding the effectiveness of our internal control over financial reporting and our disclosure controls and procedures; our ability to regain compliance with NYSE listing requirements; success in pursuing strategic investments or acquisitions and integration of new businesses and the impact of these new businesses on future results; product purchased not meeting quality and quantity requirements; our reliance on a few large customers; our ability to maintain effective information technology systems and safeguard confidential information; anticipated levels of demand for and supply of our products and services; costs incurred in providing these products and services including increased transportation costs and delays attributed to global supply chain challenges; timing of shipments to customers; higher inflation rates; changes in market structure; government regulation and other stakeholder expectations; economic and political conditions in the countries in which we and our customers operate, including the ongoing impacts from international conflicts; product taxation; industry consolidation and evolution; changes in exchange rates and interest rates; impacts of regulation and litigation on its customers; industry-specific risks related to its plant-based ingredient businesses; exposure to certain regulatory and financial risks related to climate change; changes in estimates and assumptions underlying our critical accounting policies; the promulgation and adoption of new accounting standards, new government regulations and interpretation of existing standards and regulations; and general economic, political, market, and weather conditions. Actual results, therefore, could vary from those expected. Please also refer to such other factors as discussed in Part I, Item 1A. "Risk Factors" of Universal's Annual Report on Form 10-K for the fiscal year ended March 31, 2024 , and related disclosures in other filings which have been filed with the U.S. Securities and Exchange Commission and are available on the SEC's website at www.sec.gov . All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all of the forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein. Universal cautions investors not to place undue reliance on any forward-looking statements as these statements speak only as of the date when made, and it undertakes no obligation to update any forward-looking statements made, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/universal-corporation-receives-nyse-notice-regarding-filing-of-form-10-q-for-the-fiscal-quarter-ended-september-30-2024-302314579.html SOURCE Universal Corporation
U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The S&P 500 edged down 0.2% Thursday after setting an all-time high for the 56th time this year the day before. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. The crypto market had much more action, and bitcoin briefly burst to a record above $103,000 before falling back toward $99,000. It’s climbed dramatically since Election Day on hopes President-elect Donald Trump will be more friendly to crypto. Airline stocks were strong, while Treasury yields held relatively steady in the bond market. On Thursday: The S&P 500 fell 11.38 points, or 0.2%, to 6,075.11. The Dow Jones Industrial Average fell 248.33 points, or 0.6%, to 44,765.71. The Nasdaq composite fell 34.86 points, or 0.2%, to 19,700.26. The Russell 2000 index of smaller companies fell 30.39 points, or 1.3%, to 2,396.17. For the week: The S&P 500 is up 42.73 points, or 0.7%. The Dow is down 144.94 points, or 0.3%. The Nasdaq is up 482.09 points, or 2.5%. The Russell 2000 is down 38.56 points, or 1.6%. For the year: The S&P 500 is up 1,305.28 points, or 27.4%. The Dow is up 7,076.17 points, or 18.8%. The Nasdaq is up 4,688.91 points, or 31.2%. The Russell 2000 is up 369.10 points, or 18.2%.None
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Kirk Cousins is set to return to Minnesota for the first time since joining the Atlanta Falcons in one of the biggest games of Week 14. At this time of year, Kirk Cousins usually is layered up, bracing to fight the elements when he walks out of his stadium. As a member of the Atlanta Falcons , the quarterback has been able to ditch the thick coats and the snowcaps. That is, until he returns to Minnesota to face his former team, the Minnesota Vikings , this weekend. Former Falcons quarterback Matt Ryan believes this could be Cousins’ last game before he is benched. However, as it stands, fans believe he has every reason to bring his best game on Sunday for personal reasons. Broncos WR Jerry Jeudy is a recent example of a player who was moved on from in the off-season and returned to his former stadium with a vengeance, leaning into the revenge game narrative. Cousins was asked about whether he would feel similarly in need of revenge. Kirk Cousins’ thoughts on return Speaking in a press conference clip via “Up and Adams,” the quarterback expressed what he felt about the upcoming walk down memory lane. “I think the emotion is really gratitude. That’s kind of the word that comes to mind is just gratitude. When I arrived there as a free agent, they took a chance on me. Ownership took a chance on me. The organization did. I think just so many teammates who gave so much to help me, coaches who gave so much to help me,” he said. Cousins is 6-6 this season in desperate need of a win to keep up in the suddenly tight NFC South. Will he slip under .500 against the quarterback who replaced him? Kirk Cousins hits brick wall The former Vikings quarterback started the year strong, delivering a 6-3 start. However, since then, he is 0-3 and hasn’t thrown a touchdown in almost a month. In total, he has thrown for 0 touchdowns and six interceptions since dominating the Dallas Cowboys on November 3. His struggles have come against the New Orleans Saints, Denver Broncos, and Los Angeles Chargers. Will his struggles linger into December? This article first appeared on NFL Analysis Network and was syndicated with permission.The Seahawks made one move involving their 53-man roster Tuesday, claiming safety AJ Finley off waivers from the Chargers. Defensive lineman Myles Adams was waived to make room. The 6-foot, 188-pound Finley, who entered the NFL as an undrafted free agent in 2023 out of Ole Miss, has played in 22 games the past two seasons, including 10 this year. He has seen most of his time on special teams and has 13 tackles in his career. Adams has been on and off the 53-man roster and practice squad since the 2020 season and has played in 25 games, three this year with three tackles. The Seahawks could look to re-sign him to the practice squad if he clears waivers. The Seahawks also released cornerback Faion Hicks and running back Brittain Brown off the practice squad and signed cornerback Ryan Cooper and receiver Cornell Powell to take their place. Cooper, a rookie, played at Oregon State and was most recently on the Ravens’ practice squad. Powell, from Clemson, was a fifth-round pick of the Chiefs in 2021 and has appeared in three NFL games
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