Tag Archive for: Encourages

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in International Business Machines Corporation with Losses of $100,000 to Contact the Firm


LOS ANGELES–()–The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against International Business Machines Corporation (“IBM” or “the Company”) (NYSE: IBM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between April 4, 2017 and October 20, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 6, 2022.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. IBM artificially inflated its Strategic Imperatives Revenue and growth, CAMSS (the sectors of “Cloud,” “Analytics,” “Mobile,” “Security,” and “Social”) revenue and growth, and other related business metrics through a scheme of wrongfully reclassifying revenues from non-strategic to strategic. The Company’s growth prospects in Strategic Imperatives were actually fueled by this reclassification scheme, not organic growth. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about IBM, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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Apex mother encourages vaccines among young adults after losing her 20-year-old son to COVID :: WRAL.com


— Tyler Gilreath, a 20-year-old student at the University of North Carolina at Wilmington, battled coronavirus for three weeks in August. He was starting to recover and moved into a new apartment.

But soon after feeling better, he developed a sinus infection that became so severe he had to be hospitalized.

“You never know how COVID-19 is going to affect you individually,” said his mother, Tamara Demello, from Apex. “It seems like it finds your weakest point and attacks that.”

The infection cut off blood flow to his brain, and just after five days in the hospital, Gilreath’s family had to take him off life support.

“It gets really serious really fast and it can just as easily kill you,” she said.

Now, Demello is trying to make sure no one else has to go through the same pain as she has. Her story has been featured in a national commercial from the U.S. Department of Health and Human Services.

“If this can happen to my son, who was athletic and never sick and totally healthy with no pre-existing issues, this can happen to anybody,” Demello said.

Gilreath wanted to get married and be a dad. He was attending UNCW for computer science in hopes of working in cyber security and pursuing his interest in music.

Demello said she understands that “young men can be pretty stubborn when doing what their moms tell them to.” Her son thought that he was invincible, and that the virus wouldn’t affect him, so he didn’t get vaccinated against COVID-19.

“We need to be armed and prepared as much as we can,” she said. “This is a battle.”

Tyler Gilreath, 20

Data from the North Carolina Department of Health and Human Services show just 55% of people ages 18 to 24 are vaccinated. . That’s only 6% more than were vaccinated six months ago.

As of Friday, only 38% of all North Carolina children ages 5 to 17 are vaccinated against the coronavirus with at least one dose.

“The statistics are very low for young people to die from this, but the parent who loses the child doesn’t care about the statistics,” Demello said.

Demello said that her life will never be the same after losing her son.

“It’s…

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American View: New Texas Legislation Encourages Hacking, Extortion, and Intimidation


Texas recently did something catastrophically ill-advised on 1st September 2021. No, I’m not talking about making it illegal to discuss America’s history of racism and how it affected (and still affects) law, society, and justice. That was idiotic and makes us look like terrified bigots on the international stage. I’m also not talking about Texas making it legal for everyone to stroll around in public with loaded firearms even if they have no idea how to use them safely or properly whilst also being violent, unhinged, and/or committed to overthrowing the government. That, too, was staggeringly imprudent and will scare off tourists, transplants, and new corporate headquarters. Those self-owns were fully on-brand for Texas’s burn-in-all-down politicians but are dreary topics for another time.

No, today I want to talk about the inevitable ramifications of Texas making all abortion procedures illegal after six weeks from gestation – effectively ending legal abortion in Texas – while empowering private citizens to rat out their friends, family, co-workers, and neighbours that they believe had an abortion. But wait, there’s mote! Under the new law, private citizens are allowed to “turn in” literally anyone else they believe helped a pregnant woman get an abortion … even if it waws just to find a clinic’s phone number, get a ride, or buy painkillers … and get a $10,000 (about € 8,200) cash pay-out as a reward for being a volunteer state snitch.

That right there was some world class political hubris. The point of Texas’s blatantly unconstitutional legislation was to get the inevitable challenge to it taken up by the Supreme Court so that Roe vs. Wade, the landmark case that made abortion legal across the USA, could finally be overturned. It worked: on 1st September, the underqualified justices that the previous president packed into the court refused to hear the appeal, allowing Texas’s new law to stand.

To be clear, I’m not interested into getting into a faux debate with the attention addicted social media crowd on either side of the abortion issue. Chanting slogans and levying death threats isn’t my thing. As a security awareness person,…

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Voting Device Manufacturer Encourages Users To Use (And Re-Use) Easily-Guessed Passwords

As Election Day 2K18 rolls on, the good news continues to roll in, he said in his most Professor Farnsworth voice. It’s never good news, not if we’re talking voting machine security. Kim Zetter, writing for Motherboard, has obtained a manual for devices made by Unisyn Voting Solutions, which provides horrendous security advice for users of its products.

There are federal guidelines for voting systems. The Elections Assistance Committee makes the following recommendations for passwords:

[E]lection officials are encouraged to change passwords after every election. Passwords should also have the following characteristics: they should be at least six characters, preferably eight, and include at least one uppercase letter, a lowercase letter, at least one number and a symbol. It also says, though, that passwords should be easy to remember so that employees won’t need to write them down, “yet sufficiently vague that they cannot be easily guessed.”

Unisyn has apparently decided minimal security efforts are badly in need of disruption. To begin with, the device manual suggests users should simply use variations of the default password the devices ship with. That password is the company’s name with a “1” appended to the end of it. This easily-guessed admin password should then be immediately replaced with… an easily-guessed password.

Once logged into the system the credentials needed to access the tabulation monitor or the system for creating reports of ballots and vote tallies are different. The username is again a simple word to log in. The password is the same word with “1” appended to it. Users are told that to change the password when prompted, they should simply change the number sequentially to 2, 3, 4, etc.

The Unisyn manual takes the EAC guidelines and throws them out. It then makes a minimal nod towards compliance before throwing everything out a second time. Remember the part about not writing down passwords? The sort of thing no one should do because it defeats the purpose of password security? Here’s Unisyn’s scorching hot take on EAC compliance:

“You will be periodically asked to change your password per EAC regulations,” [the manual] notes. But instead of providing customers with sound instructions for changing passwords—such as creating completely new passwords and not re-using them—the manual instructs them to simply alternate between a system administrator and a root password each time they are prompted to change the password. Space is provided below this instruction for election workers to write down which password they are using at any given time.

If there’s good news, it’s that these machines aren’t in use everywhere. Just 3,500+ jurisdictions in ten states. They’re also fairly insulated from online attacks, since they’re not supposed to be connected to the internet. This means attackers will most likely need physical access to the devices. Good thing these only get touched by non-election personnel every couple of years or so!

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