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Archive of posts published in the category: qynodqgs
May
12

Charlton reviews

first_img Previous Article Next Article Related posts:No related photos. Trainer and writer John Charlton leafs through the latest training book toland on his deskMany parents will agree with the statement ‘you can lead a boy to a book butyou cannot make him read’. So when I tell my children how every fortnight insecondary school I had to learn a different poem by heart, they ask: “Whywould anyone want to do that?” I answer: “Because if I didn’t, and I was unable to recite a verse, Iwas caned!” That was accelerated learning 1960s-style. New generation accelerated learning must be – apart from the poison-tipumbrella – Bulgaria’s only notable export. Developed by psychiatrist GeorgiLozanov in the 1970s, it advocates using a mix of learning modes that appeal tothe full range of senses. The idea being that techniques which bring sight,smell, hearing, etc into play make learning more memorable. Lex McKee, a Tony Buzan disciple, expands on this theme in his book TheAccelerated Trainer. But while Buzan fans will appreciate McKee’s weaving ofaccelerated learning techniques, others will find it distracting. And there is much that is distracting about this book, most obviously theuse of cartoons on every page and mind maps at the end of each section. Thesedraw the eye away from the words, which requires the reader’s full attention inorder to comprehend McKee’s demanding writing style. He makes assertions, dressed up as fact, which many will find puzzling. Forexample, when talking about “clearing the mind for learning”, McKeesays: “The process revolves around the natural organising principles ofour working memory. In short, we can only multi-task five to nine concepts orseven plus-or-minus two (7±2) before our `system’ crashes.” Answers on apostcard, please… Those who like to probe deeper into the psychology of learning and trainingand who appreciate a semi-academic writing style will find much to ponder inthis book. Trainers who are looking for clear and practical advice should seekout the appendix. The Accelerated Trainer, by Lex McKee, Gower Publishing, ISBN0-566-08077-X, £45. Comments are closed. Charlton reviewsOn 1 Jun 2004 in Personnel Todaylast_img
May
8

Las Vegas Golden Knights honor victims from last year’s mass shooting

first_imgApril 1, 2018 /Sports News – National Las Vegas Golden Knights honor victims from last year’s mass shooting FacebookTwitterLinkedInEmailiStock/Thinkstock(LAS VEGAS) — Before the start of Saturday night’s game, the NHL’s Las Vegas Golden Knights honored the 58 victims from the Oct. 1 shooting.Team owner Bill Foley, general manager George McPhee and defenseman Deryk Engelland stood alongside the family of victim Neysa Tonks, which was there to represent the families of the 58 killed in the Oct. 1, 2017, shooting on the Las Vegas strip, as the team raised a gold and black “Vegas Strong” banner to the rafters above T-Mobile Arena.The banner displayed the names of the 58 victims, along with 58 stars.“Tonight, we fly 58 stars in the sky as a reminder that the 58 will always be with us,” the arena’s announcer said as the banner was rising.The team also took to Twitter, writing, “The 58 will always be with us #VegasStrong.”The Golden Knights also retired jersey No. 58 to honor the victims because “the Las Vegas Golden Knights have decided that the number 58 will never be worn,” according to the arena’s announcer.Along with the jersey retirement and banner, the Sin City team lit up the ice with the names of the victims.This isn’t the first time the team honored the victims of the shooting. During their home opener on Oct. 10, 2017, the Golden Knights lit up the ice with the names of the victims and kept the boards along the ice advertisement-free, instead writing “Vegas Strong.”There were 58 people killed and hundreds more injured when gunman Stephen Paddock allegedly opened fire on a country music festival from the Mandalay Bay Hotel across the street. Paddock killed himself while authorities closed in on his hotel room. It was the deadliest mass shooting in modern U.S. history.The expansion Knights are wrapping up a historic first season. They beat the San Jose Sharks on Saturday night to improve to 50-22-7 on the season. The team clinched first in the Pacific Division on Saturday, and their 107 points are second in the Western Conference.Copyright © 2018, ABC Radio. All rights reserved. Written bycenter_img Beau Lundlast_img read more

May
8

Scoreboard roundup — 12/23/19

first_img FacebookTwitterLinkedInEmailiStock(NEW YORK) — Here are the scores from Monday’s sports events:NATIONAL BASKETBALL ASSOCIATIONCleveland 121, Atlanta 118Orlando 103, Chicago 95Philadelphia 125, Detroit 109Indiana 120, Toronto 115 — OTWashington 121, New York 115Miami 107, Utah 104San Antonio 145, Memphis 115Denver 113, Phoenix 111Houston 113, Sacramento 104New Orleans 102, Portland 94Golden State 113, Minnesota 104NATIONAL HOCKEY LEAGUEToronto 8, Carolina 6Minnesota 3, Calgary 0Boston 7, Washington 3Columbus 3, NY Islanders 2Philadelphia 5, NY Rangers 1Tampa Bay 6, Florida 1Ottawa 3, Buffalo 1Nashville 3, Arizona 2Montreal 6, Winnipeg 2New Jersey 7, Chicago 1St. Louis 4, Los Angeles 1Vancouver 4, Edmonton 2Colorado 7, Vegas 3NATIONAL FOOTBALL LEAGUEGreen Bay 23, Minnesota 10TOP-25 COLLEGE BASKETBALLDayton 81, Grambling St. 53Washington 72, Hawaii 61Copyright © 2019, ABC Audio. All rights reserved. December 24, 2019 /Sports News – National Scoreboard roundup — 12/23/19 Beau Lundcenter_img Written bylast_img read more

May
4

US Navy funds dual-band decoy system demonstrations

first_img Photo: Photo. BAE Systems The US Navy has awarded Raytheon and BAE Systems contracts to demonstrate their technologies for the development of a modern towed decoy for the F/A-18 E/F over the next 27 months.The technology protects pilots by emitting signals across extended frequencies to counter advancing threats, convincing hostile weapon systems that the real target is the decoy, not the aircraft.Raytheon has received $33 million to develop a decoy that would be based on the ALE-50 system that has been deployed in protection of US and allied aircraft.BAE Systems got $36.7 million to demonstrate a system based on the ALE-55 FOTD.“ALE-55 FOTD is a reliable, high-powered jamming system with years of mission success on the F/A-18E/F and extensive flight-testing on a variety of aircraft. Under this new Dual Band Decoy contract, our focus will be building upon the ALE-55’s proven performance in order to defeat the threats of tomorrow,” said Tom McCarthy, Dual Band Decoy Program Director at BAE Systems. View post tag: F/A-18E/F View post tag: US Navy View post tag: Raytheon View post tag: dual band decoy Share this articlelast_img read more

May
3

ANTI-TRUMP RIOTS AND AMERICA’S LOST GENERATION

first_imgBy Susan Stamper BrownWatching the recent anti-Trump post-victory riots on television and the temper tantrums on social media, it’s become obvious that, without Divine intervention, the ever-fearful Millennial generation will become known as America’s Lost Generation.As someone who has been forced to face a few of her biggest fears against her will, I can say with some authority that while everything you fear will probably never come to pass, those things which do can make you better. Safe spaces are the last thing these crybabies need.During his first inaugural address in 1933, President Franklin D. Roosevelt spoke to fear before a justifiably fear-ridden nation during the Great Depression telling them, “The only thing we have to fear is fear itself.”Depression-era Americans were dealing with real fears like massive unemployment, homelessness and starvation. Families lucky enough to have jobs lost 40 percent of their income. Many people lost all their savings when banks collapsed, leaving millions homeless and hungry and resulting in a 50 percent rise in parents turning their kid’s over to custodial institutions to prevent starvation.Additionally, upwards of 250,000 kids too young to leave home hitchhiked or rode the train rails in search of work or a better place to survive, unlike today’s coddled snowflakes blessed with full bellies and equipped with the latest iPhones who are currently in meltdown mode due to groundless fears over a duly elected president.After the election, despondent snowflakes lit up social media with fear-filled updates about the world ending and how a Trump presidency would ignite racism. Meanwhile, many so-called “love trumps hate” Trump haters were burning cities, vandalizing cars and attacking innocent bystanders, sometimes simply because they were white, or, God forbid, Republican.A fear of offending peers also caused them to remain silent when Twitter accounts erupted with calls for the assassination of president-elect Trump and vice president-elect Pence. The idea that blacks can be racist too is lost on them, even after viewing the YouTube video of a mob of black thugs pummeling an elderly white man to the ground, savagely delivering repeated blows to his head while voices in the background taunted, “You voted Donald Trump…Beat his a**… Don’t vote Trump.”Our snowflakes also acknowledge fear over Trump’s take on immigration, although their coolest president ever, President Obama, “deported more people than any other president’s administration in history,”ABC News reports.Evidently, some are so frightened by Trump’s victory they believe people must die, like the young Latina woman on cable news who said, “There will be casualties on both sides…because people have to die…Trump, enough with your racism. Stop splitting families. Don’t split my family.” Apparently, because he’s black, Obama can’t be labeled “racist” for deporting more than 2.5 million people between 2009 and 2015.Trump’s words about borders and legal immigration send our delicate snowflakes into their respective safe spaces when they aren’t throwing temper-tantrums. They have no clue their safe spaces aren’t safe if ISIS sympathizers come calling as they’ve vowed to do. They fear a man who promises to make their safe spaces safer when he curtails the terrorism that’s skyrocketed domestically and worldwide under Obama.Apart from a relative few, logic and rational thought is all but lost on what is at this point, America’s Lost Generation. Especially compared to America’s Greatest Generation, whose young people faced real fears, survived the Great Depression, then lined up in droves to fight in World War II. Or like the Generation Xers who were predominately the major heroes after the September 11 terrorist attacks as leaders of Flight 93’s revolt, first responders in New York City and patriots who joined the military to fight.In sharp contrast and just as FDR alluded in his fateful first speech, too many Millennials have allowed “nameless, unreasoning, unjustified terror” to prevent “needed efforts to convert retreat into advance.”FacebookTwitterCopy LinkEmailSharelast_img read more

Apr
20

South Bend, St. Joseph County under Travel Watch, more confirmed cases of COVID-19

first_img (Photo Supplied/City of South Bend) UPDATE: Story has been updated to clarify that Travel Watch covers all of St. Joseph CountySouth Bend Mayor James Mueller announced this morning that due to an increase in cases in South Bend he is making an emergency declaration, and placing a travel watch on the city. The Travel Watch is also in effect for all of St. Joseph County.That means that starting at 2pm residents should NOT be leaving their homes for anything other than essential travel. Essential travel is considered travel for work, grocery or food, or taking care of medical needs.DETAILS ON TRAVEL STATUS CAN BE FOUND HEREDuring his press conference it was also announced that St. Joseph County is now up to 5 confirmed cases. We have more details throughout the day.The City of South Bend has created a new COVID-19 update page on their website: https://southbendin.gov/covid-19-resources-support/ By Carl Stutsman – March 19, 2020 7 3063 Twitter Facebook Google+ Twitter Pinterest WhatsApp WhatsApp South Bend, St. Joseph County under Travel Watch, more confirmed cases of COVID-19 Previous articleWhitmer calls for changes in Michigan child care process to help with pandemic challengesNext articleGov. Holcomb orders all Indiana schools closed through May 1 Carl Stutsman Google+ CoronavirusIndianaLocalNewsSouth Bend Market Pinterest Facebooklast_img read more

Apr
20

How Trump or Biden White House could affect gas prices

first_imgIndianaLocalMichiganNews WhatsApp Twitter By Jon Zimney – October 27, 2020 2 1250 (“Gas Pump” by Mike Mozart, CC BY 2.0) Gas prices could be impacted by who is in the White House for the next four years. After last week’s presidential debate, GasBuddy looked at what could happen to prices after the election.GasBuddy’s analysis showed that when it comes to energy, a Joe Biden presidency would favor more “environmental controls.”“He has made clear that he will make it a little bit harder on the oil sector, whether that’s cutting fracking or moving Americans away from fossil fuels. It will likely mean higher prices or at least the risk of higher prices in the years ahead,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.DeHaan says President Donald Trump is likely to keep the status quo on the oil industry.“President Trump is making it easier for the oil industry to do business. That means more production, less red tape, and generally lower prices. With fewer restrictions, oil can flow freely and that leads to lower prices,” said DeHaan.Another thing to consider is that Biden has “walked back” some of his recent statements on fracking and restrictions.“There have been some interesting statements where he said ‘No fracking at all’ and he was going to curb all offshore drilling. It seems like he’s walked back a few of those statements. Now we don’t really know what he may do if he does win the White House, but we do know he has kind of walked back some of those hard-line statements that could have made prices go up more dramatically,” said DeHaan.There also could be a potential negative for the oil industry if Trump is re-elected.“Perhaps going the other way too much, President Trump making it easier to for companies to pollute. That doesn’t impact gas prices. It would actually make them go lower, but it would have a negative effect on the environment. You can go too far either way,” said DeHaan.As for the immediate future of gas prices, DeHaan believes gas prices will inch lower over at least the next few days. That could change by the weekend.“It is possible we could see prices drift back up. That’s because the last price hike was only to about $2.09 per gallon. The last hike was to about $2.19. So stations are probably going to rub on the edge of profitability,” said DeHaan.DeHaan said another thing to monitor is the effect Tropical Storm Zeta could have on gas prices.“There may be minor disruption in price and localized supply challenges as Tropical Storm Zeta again takes aim for the Gulf Coast, but as we’ve seen with Laura, Sally, and Delta, these issues have been very minor compared to a normal year due to the reduction in our gasoline appetite,” said DeHaan. How Trump or Biden White House could affect gas prices Pinterest Facebook Google+ Facebook Previous article6 p.m poll closing time on Election Day stands in IndianaNext articleSecond and final Indiana Gubernatorial Debate airs tonight on 95.3 MNC Jon ZimneyJon Zimney is the News and Programming Director for News/Talk 95.3 Michiana’s News Channel and host of the Fries With That podcast. Follow him on Twitter @jzimney. WhatsApp Google+ Pinterest Twitterlast_img read more

Jan
1

Booth registration for the 25th Annual Vermont Business and Industry EXPO is now open

first_imgBooths are first come, first serve so register today at www.vtexpo.com(link is external)!  Click on floor plans to view the available booths and pricing.  Remember, Vermont Chamber members receive a 10% discount and any new members will receive a 25% discount on their booth! Booth registration for the 25th Annual Vermont Business and Industry EXPO is now open!  The trade show is scheduled for May 20 & 21, at the Sheraton Hotel and Conference Center in Burlington, Vermont. In today’s economy, your company cannot afford to hide in the shadows.  Get in front of the business community and use EXPO as your key marketing vehicle for 2009. The Vermont Business and Industry EXPO is northern New England’s largest business-to-business trade show attracting over 3,000 business leaders during the two day exposition.  Nearly 200 exhibitors and themed pavilions fill the two floors of EXPO.  In addition to EXPO’s spectacular line up of educational seminars, award ceremonies and networking opportunities, you can expect new, special additions to celebrate 25 years of creating connections.last_img read more

Jan
1

Green Mountain Coffee facing slew of lawsuits

first_imgGreen Mountain Coffee Roasters Inc could face a class action lawsuit because of questions related to its accounting practices and a recent stock sale. Another shareholder has filed a separate suit in Burlington seeking damages and changes in certain management practices at the rapidly growing Waterbury coffee company. And at least five other firms are filing suits or considering such from out-of-state.The Security and Exchange Commission’s Division of Enforcement is conducting an inquiry into how GMCR recognizes revenue, according to company documents included in a filing with the SEC. GMCR and the SEC declined to comment on the nature of the investigation.GMCR’s stock (GMCR) has lost more than 25 percent of its value since the SEC investigation was made public last week. As of October 7, the stock price hovered around $28, down from its 52-week high of $37.97 ‘ the closing price on September 27. GMCR has a market cap of $3.72 billion. GMCR has about 1,000 employees in Vermont, according to Vermont Business Magazine.On September, 28, 2010, the company filed a REPORT with the SEC, which mentioned the investigation of its revenue policies. This was attached to the same SEC filing in which GMCR announced that it had finalized a deal to sell stock to Italian coffee giant Luigi Lavazza for $250 million.In the SEC filing by GMCR, two big transactions were reported.  The first was the completion of that $250 million stock sale to Lavazza, an Italian coffee company.  The second was an acquisition planned for Van Houtte, a Canadian gourmet coffee brand, to be financed by $1.35 billion in debt.In that filing, GMCR acknowledged an accounting mistake, calling it ‘immaterial.’The shareholder suit claims that the mistake was not immaterial but a willful attempt by certain executives and board members to inflate the stock price for their personal gain. The plaintiff, Daniel Himmel, is alleging in federal court in Burlington that the defendants, Robert P Stiller, R Scott McCreary, David E Moran, Jules A Del Vecchio, Hinda Miller, Lawrence J Blanford, Michelle Stacy, Frances G Rathke, William D Davis, Barbara D Carlini, Michael J Mardy, Douglas N Daft and Green Mountain Coffee Roasters, Inc violated their duties and wasted corporate assets. Himmel is represented by Vermont law firm Langrock Sperry and Wool.There are at least six other law firms looking into the case that could result in a class action suit against GMCR (SEE PRESS RELEASES BELOW). The lead attorney for such action would be decided by the end of November. Of the six firms, one filed suit in Burlington, The Rosen Law Firm, PA, from New York City.Barrack Rodos & Bacine of Philadelphia announced November 2, 2010, that it has filed a class action lawsuit in the United States District Court for the District of Vermont, Blank v. Green Mountain Coffee Roasters et al.Rosen states on its Web site that: ‘A Class Action lawsuit has been filed against Green Mountain Coffee Roasters alleging that the Company and certain of its officers issued inaccurate and unreliable financial statements to the public.‘On September 28, 2010, Green Mountain disclosed that the SEC had launched an investigation of the Company’s revenue recognition accounting.  In addition, the Company is expected to restate its financial statements because of improper accounting practices ‘ rendering the Company’s prior reported financial statements materially misleading. Following this news, the Company’s stock price immediately declined over 15%.’In part, GMCR’s SEC Form 8-K statement said: ‘In connection with the preparation of its financial results for its fourth fiscal quarter, the Company’s management discovered an immaterial accounting error relating to the margin percentage it had been using to eliminate the inter-company markup in its K-Cup inventory balance residing at its Keurig business unit. Management discovered that the gross margin percentage used to eliminate the inter-company markup resulted in a lower margin applied to the Keurig ending inventory balance effectively overstating consolidated inventory and understating cost of sales. Management determined that the accounting error arose during fiscal 2007 and analyzed the quantitative impact from that point forward to June 26, 2010.‘As of June 26, 2010, there is a cumulative $7.6 million overstatement of pre-tax income. Net of tax, the cumulative error resulted in a $4.4 million overstatement of net income or a $0.03 cumulative impact on earnings per share. ‘After evaluating the quantitative and qualitative aspects of the error in accordance with applicable accounting literature, including Staff Accounting Bulletins published by the SEC, the Company, with the participation of the audit committee of the Board of Directors, has determined that the correction in the margin calculation represents a correction of an error in accordance with Accounting Standards Codification 250 Accounting Changes and Error Corrections, that the correction was not material to the fiscal years and the respective quarters ended 2007, 2008 and 2009 and that the Company anticipates that the correction will not be material to fiscal year 2010 and the respective quarters of fiscal 2010. As a result, the Company anticipates the cumulative amount of the accounting correction will be made in the quarter ended September 25, 2010.‘The Company does not intend to provide further updates regarding the correction of this error or the Company’s results for fiscal year 2010 until its fiscal 2010 fourth quarter earnings release and conference call. Additional details regarding the correction of this error will be provided in the Company’s Annual Report on Form 10-K for the fiscal year ended September 25, 2010.’On the SEC inquiry, the company said in the statement: ‘On September 20, 2010, the staff of the SEC’s Division of Enforcement informed the Company that it was conducting an inquiry and made a request for a voluntary production of documents and information. Based on the request, the Company believes the focus of the inquiry concerns certain revenue recognition practices and the Company’s relationship with one of its fulfillment vendors. The Company, at the direction of the audit committee of the Company’s board of directors, is cooperating fully with the SEC staff’s inquiry.’GMCR ranked number 2 in a Fortune Magazine listing of the 100 fastest-growing companies worldwide.  The Lavazza deal in August was put forth as a collaboration between Lavazza and GMCR in the development of a single-serve espresso system.  It would go well with the Keurig single-cup coffee brewing business that has been behind the company’s growth.  GMCR acquired two others, California’s Diedrich Coffee for $300 million in May and Timothy’s Coffees of the World of Toronto for $157 million last November.On October 1, Hagens Berman made the announcement about a lawsuit that was filed against GMCR.  The company and some of its Officers are accused of making false statements having to do with the company’s business and operations in violation of the SEC.  The company allegedly used invalid financial statements that weren’t prepared with Generally Accepted Accounting Principles and SEC rules, which would have checked the statements for accuracy.The complaint states that GMCR completed a sale of 8,566,649 shares of its stock to Luigi Lavazza on August 28 with the $250 million purchase price, even though the company was aware that the reported financial statements weren’t true.  Also, it didn’t have sufficient internal operational and financial control systems.Hagens Berman, in investigating this situation, has been paying close attention to the relationship between GMCR and its vendors, which include M Block & Sons Inc.  The investigation goes back three years, when management admitted that there were some inconsistencies in its accounting.In addition, the Law Office of Robbins Umeda LLP conducted an investigation concerning whether the company’s directors and officers caused them to inaccurately state revenue and overstate income.  On September 28, it was revealed that Green Mountain had been notified by the SEC of this investigation as early as September 20, and that it was assumed the company would take a restatement charge in the near term.      PRESS RELEASESLaw Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Green Mountain Coffee Roasters, Inc.BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces that it is investigating potential claims by Green Mountain Coffee Roasters, Inc. (’Green Mountain’ or the ‘Company’) (NASDAQ:GMCR) concerning possible violations of federal securities law. Green Mountain markets coffee, tea, cocoa and single-cup brewers to retailers such as department stores and club stores, and single-cup brewers to distributors and supermarkets, in the United States and internationally.‘the Company believes the focus of the inquiry concerns certain revenue recognition practices and the Company’s relationship with one of its fulfillment vendors.’The investigation concerns the Company’s September 28, 2010, disclosure in a Form 8-K filed with U.S. Securities and Exchange Commission (’SEC’) that on September 20, 2010, the SEC’s Division of Enforcement informed the Company that the SEC was conducting an inquiry and made a request for a voluntary production of documents and information. The Form 8-K further stated that ‘the Company believes the focus of the inquiry concerns certain revenue recognition practices and the Company’s relationship with one of its fulfillment vendors.’If you purchased shares of Green Mountain between July 28, 2010 and September 28, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [email protected](link sends e-mail), or visit our website at http://www.howardsmithlaw.com(link is external).The Law Office of Robbins Umeda LLP Announces an Investigation of Green Mountain Coffee Roasters, Inc.SAN DIEGO–(BUSINESS WIRE)–Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Green Mountain Coffee Roasters, Inc. (“Green Mountain” or the “Company”) (NASDAQ: GMCR). Green Mountain operates in the specialty coffee industry in the United States and internationally. The Company sells approximately 200 whole bean and ground coffee selections, cocoa, teas, and coffees. Green Mountain was founded in 1981 and is headquartered in Waterbury, Vermont.Robbins Umeda LLP’s investigation concerns whether the Company’s directors and officers caused the Company to incorrectly recognize revenue, overstate income, and issue materially false and misleading statements related to Green Mountain’s business and operations. Specifically, the investigation concerns whether these directors and officers knew that the Company’s reported financial statements were untrue and that Green Mountain lacked adequate systems of internal operational and financial controls.On September 28, 2010, it came to light that Green Mountain was the subject of a U.S. Securities and Exchange Commission (“SEC”) investigation regarding the Company’s revenue recognition. Further, it was disclosed that Green Mountain had been notified by the SEC of this investigation as early as September 20, 2010, and that the Company was expected to take a restatement charge in the near term. Upon this news, the Company’s value fell from $37.01 on September 28, 2010, to close at $31.06 on September 29, 2010, a one day decline of $5.95, or approximately 15%.If you are a shareholder of Green Mountain, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at [email protected](link sends e-mail).Robbins Umeda LLP is a securities litigation firm, which has significant experience representing investors in shareholder derivative actions, securities fraud class actions, and merger-related shareholder class actions. For more information about the firm, please go to http://www.robbinsumeda.com(link is external).Hagens Berman Announces Securities Fraud Class Action Lawsuit Filed Against Green Mountain CoffeeInvestors Who Wish to Be a Lead Plaintiff Must Move by November 29, 2010SAN FRANCISCO–(BUSINESS WIRE)–Hagens Berman announced today that a securities fraud class action lawsuit has been filed against Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) in U.S. District Court in Vermont.Investors who purchased Green Mountain common stock between July 28, 2010 and September 28, 2010, and who wish to move to be a lead plaintiff, must file a motion by November 29, 2010. You may contact our attorneys below to discuss this matter.Green Mountain and certain of its Officers are charged with making a series of materially false and misleading statements related to the Company’s business and operations in violation of the Securities Exchange Act of 1934. The Complaint alleges that Green Mountain artificially inflated the Company’s stock price during the Class Period by issuing inaccurate and unreliable financial statements, which were not prepared in accordance with Generally Accepted Accounting Principles and U.S. Securities and Exchange Commission rules.The Complaint also alleges that Green Mountain completed a sale of 8,566,649 shares of its common stock to Luigi Lavazza on August 28, 2010, for an aggregate purchase price of $250 million, despite the fact that the Company knew its reported financial statements were untrue and that it lacked adequate internal operational and financial control systems.Following the close of trading on September 28, 2010, shareholders learned that the SEC had launched an inquiry into Green Mountain’s revenue recognition, that it had been notified by the SEC of this investigation as early as September 20, 2010, and that the Company was expected to take a restatement charge in the near term ‘ rendering the Company’s prior reported financial statements and reports unreliable, false and materially misleading.Following this announcement, shares of the Company fell from $37 per share to a low of $27.47 per share.Hagens Berman has been investigating this matter and, in particular, is focused on the relationship between Green Mountain and its fulfillment vendors, including M Block & Sons Inc. (which accounted for 51 percent of the accounts receivable last year), and the possibility that channel stuffing may have hidden slowing growth. The investigation goes back to 2007 when management admits that its accounting irregularities arose.If you want to consider moving to be a lead plaintiff, and you bought Green Mountain shares between 2007 and September 28, 2010, you are encouraged to call Reed R. Kathrein at 510-725-3000 for a personal consultation, or contact the Hagens Berman legal team at [email protected](link sends e-mail).About Hagens BermanSeattle-based Hagens Berman Sobol Shapiro LLP represents institutions and investors in complex securities fraud litigation. The firm has offices in Boston, Chicago, Los Angeles, Phoenix, San Francisco and Washington, D.C. Founded in 1993. More about the law firm and its successes can be found at www.hbsslaw.com(link is external). Visit the firm’s securities blog atwww.meaningfuldisclosure.com(link is external).GMCR Securities Fraud Lawsuit Update: Kahn Swick & Foti, LLC and Former Louisiana State Attorney General Update Information on Filed Securities Fraud Class Action Against Green Mountain Coffee RoastersNEW ORLEANS, La.–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (“KSF”) and Former Louisiana Attorney General Charles C. Foti, Jr. filed a securities fraud class action lawsuit yesterday against Green Mountain Coffee Roasters, Inc. (“Green Mountain” or the “Company”) (NASDAQ:GMCR) in the United States District Court for the District of Vermont, on behalf of purchasers of the common stock of the Company between July 28, 2010 and September 28, 2010, inclusive (the “Class Period”). No class has yet been certified in this action. This complaint, the first filed against the Company, was designated Civil Action No. 2:10-CV-227.‘sent the company’s stocks tumbling and its estimated the decline wiped out $800 million from Green Market Coffee Roasters market value.’Today, VPR News reporter Mitch Wertlieb wrote that the disclosure of the news about the GMCR SEC inquiry ‘sent the company’s stocks tumbling and its estimated the decline wiped out $800 million from Green Market Coffee Roasters market value.’ Yesterday, Anders Bylund of The Motley Fool stated that ‘if Green Mountain did indeed fiddle with its revenue policies, that puts the entire income statement in a bad light. If you can’t trust the top line, how on earth could you rely on what the bottom line says after adjustments?’ KSF, which filed this complaint on behalf of shareholders, continues to investigate this case as the stock has dropped again by as much as 6% today. Green Mountain and certain of its Officers (Lawrence J. Blanford, Frances G. Rathke, Richard Scott McCreary, and Michelle V. Stacy) are charged with making a series of materially false and misleading statements related to the Company’s business and operations in violation of the Securities Exchange Act of 1934.On September 28, 2010, following the close of trading, shareholders first learned that Green Mountain was the subject of an SEC investigation into its revenue recognition, that it had been notified by the SEC of this investigation as early as September 20, 2010, and that the Company was also expected to take a restatement charge in the near term — rendering the Company’s prior reported financial statements and reports unreliable, false, and materially misleading. Following this announcement, shares of the Company immediately declined in after-market trading, falling over 15% — from a close of above $37.00 per share, to a low of $31.25 per share yesterday. Its further decline has taken it down to as low as $27.47 today.If you are a Green Mountain shareholder 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, e-mail or call KSF Director of Client Relations, Neil Rothstein, Esq. ([email protected](link sends e-mail)), toll free at 877-694-9510, or via cell phone any time at 330-860-4092, or KSF Managing Partner, Lewis Kahn ([email protected](link sends e-mail)), toll free 1-866-467-1400, ext. 200, or via cell phone any time at 504-301-7900. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by November 29, 2010. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. KSF encourages both institutional and individual purchasers of Green Mountain to contact the firm. The ultimate resolution of any securities class action is strengthened through the involvement of aggrieved shareholders and lead plaintiffs who have large financial interests.KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities class action litigation with offices in New York and Louisiana. KSF’s lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders. To learn more about KSF, you may visit www.ksfcounsel.com(link is external).Izard Nobel LLP Announces Class Action Lawsuit Against Green Mountain Coffee RoastersWEST HARTFORD, CT, Oct 06, 2010 (MARKETWIRE via COMTEX) ‘ The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the District of Vermont on behalf of purchasers of the common stock of Green Mountain Coffee Roasters (“Green Mountain” or the “Company”) (NASDAQ: GMCR) between July 28, 2010 and September 28, 2010, inclusive (the “Class Period”).The Complaint charges Green Mountain and certain of its officers and directors with violations of federal securities laws. It is alleged that defendants made materially false and misleading statements related to the Company’s business and operations. Specifically, the Complaint alleges that Green Mountain issued inaccurate and unreliable financial statements that were not prepared in accordance with Generally Accepted Accounting Principles and SEC rules, which artificially inflated the Company’s stock price.On September 28, 2010, after the close of trading, the Company announced it was under investigation by the SEC for issues related to improper revenue recognition. The announcement also revealed that certain of the Company’s previously issued financial statements would be restated. On this news, shares of the Company’s stock fell from $37 per share to a close of $31.06 per share on the following trading day.If you are a member of the class, you may, no later than November 29, 2010, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation. Although your ability to share in any recovery is not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members.While Izard Nobel LLP has not filed a lawsuit against the defendants, to view a copy of the Complaint initiating the class action or for more information about the case, and your rights, visit: www.izardnobel.com/greenmountain/(link is external), or contact Izard Nobel LLP toll-free: (800) 797-5499, or by e-mail: [email protected](link sends e-mail). For more information about class action cases in general, please visit our website: www.izardnobel.com(link is external). PHILADELPHIA, Nov. 2, 2010 /PRNewswire/ — Barrack Rodos & Bacine announces that it has filed a class action lawsuit in the United States District Court for the District of Vermont, Blank v. Green Mountain Coffee Roasters et al., Civil Action No. 2:10-CV-267, on behalf of purchasers of common stock of Green Mountain Coffee Roasters, Inc. (Nasdaq: GMCR) (“Green Mountain”)during the period from July 28, 2010 through September 28, 2010 (the “Class Period”).The complaint charges Green Mountain and its senior executives with violations of the Securities Exchange Act of 1934.  Green Mountain is a leader in the specialty coffee and coffee maker businesses. It sells over 200 whole bean and ground coffee selections, cocoa and teas in the United States and abroad.  The complaint alleges that during the Class Period, defendants issued a series of false and misleading statements based on improper accounting methods used for the company’s financial statements.  After the close of trading on September 28, 2010, defendants filed a Form 8-K that revealed, for the first time, that Green Mountain was the subject of an SEC investigation into its revenue recognition practices.  In the SEC filing, the defendants disclosed that the company had been notified by the SEC of this investigation on September 20, 2010 and that the company believed the focus of the inquiry concerns certain revenue recognition practices and its relationship with one of its vendors.  On this news, the price of Green Mountain’s common stock dropped from a closing price of $37.01 on September 28, 2010, to close at $31.06 on September 29, 2010, a decline of 16%, on heavy trading volume.Plaintiff seeks to recover damages on behalf of all purchasers of common stock of Green Mountain during the Class Period.  The plaintiff is represented by Barrack Rodos & Bacine, which has significant experience in prosecuting class actions on behalf of investors in cases involving financial and corporate fraud.If you wish to serve as lead plaintiff, you must move the Court no later than November 29, 2010.  To discuss your rights regarding the appointment of lead plaintiff and for additional information about your interest in this class action, please contact plaintiff’s counsel, Barrack Rodos & Bacine, at the following toll-free number: 877-386-3304, or via e-mail to Jeffrey Gittleman [email protected](link sends e-mail).  A copy of the complaint is available from the Court or from Barrack Rodos & Bacine.  www.barrack.com(link is external) Barrack, Rodos & Bacine Files Class Action Lawsuit Against Green Mountain Coffee Roasters, Inc.center_img SOURCE Barrack, Rodos & Bacine –      30 –last_img read more

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Questions Around World Bank, U.S. Support for Regressive Electricity Project in Kosovo

first_img FacebookTwitterLinkedInEmailPrint分享Keith Johnson for Foreign Policy:Almost everyone agrees that Kosovo, home to 1.8 million people and one of the highest unemployment rates in Europe, desperately needs more energy. The question is how to generate it without doing more damage to a country already battling terrifying levels of pollution — and facing a tough choice between using the energy sources of the past or betting on those of the future.At issue is a $1 billion coal-fired plant that Kosovo, backed by the World Bank, has spent more than a decade trying to build. The project is meant to bring two things the country doesn’t have and desperately needs: energy and economic development. For just as long, environmental campaigners and many energy experts have been fighting to block the plant’s construction, arguing that cleaner energy has gotten so much cheaper in recent years that it would be better for the impoverished nation already battling dire levels of pollution to build wind farms and solar panels to meet the energy shortfall.The World Bank is expected to decide this year whether to help finance the very last coal-fired power plant in its global pipeline or to jettison the notion and embrace a swath of cleaner, alternative energy options. The World Bank’s support is crucial because it would underwrite the majority of the financing for the project. A World Bank spokesperson declined to give a timeline or say which way the bank was leaning.First, though, it has to figure out how to get the energy in the first place. The country has less electricity generation capacity than Albania or Zambia, so it doesn’t have enough energy to power the economy, avoid blackouts, or attract foreign investment. It’s going to get worse next year: The country’s oldest power plant, known as Kosovo A, must be decommissioned because it is one of the dirtiest in all of Europe.To replace it, the government of Kosovo, the World Bank, and a U.S. company, ContourGlobal, are eyeing a new, $1 billion-plus coal-fired power plant, plus a suite of measures to help Kosovo use what energy it has more efficiently. Kosovo’s prime minister, Isa Mustafa, and U.S. Secretary of State John Kerry both talked up the prospects for the new coal plant late last year, with Kerry calling the facility an “important example of what we can do together.”International support for a new coal plant, especially from the United States, contrasts with the Obama administration’s increasingly vocal advocacy of clean-energy solutions. On Tuesday at a clean-energy conference in New York, Kerry bemoaned continued reliance on old-school energy solutions like coal and called for the world to “harness the power of clean, renewable sources like the sun and the wind and the ocean.”Like its predecessors, the new plant, creatively named Kosovo C, would burn lignite, coal’s crumbly brown, toxic, poor cousin. Among the few things Kosovo has in spades are billions of tons of lignite buried underground.But much of the rest of Europe, with a few notable exceptions, is moving away from coal and toward cleaner energy options. Belgium just became the seventh E.U. state to get off coal altogether. That has critics of the World Bank plan for Kosovo shaking their heads because lignite offers less energy and is even more damaging to the environment than hard coal.“They are effectively condemning poor, overpolluted, undersupplied people to an energy system that is already out of date in a European Union that they want to join,” said Dan Kammen, a professor of energy at the University of California, Berkeley, and a founder of its Renewable and Appropriate Energy Laboratory. “It’s clear that this is not wise from the point of view of energy, or carbon emissions, or European Union integration.”His analysis of Kosovo’s energy options concluded that a coal-fired power plant would be both costlier and worse for the environment than relying on renewable energy sources like hydroelectricity, wind power, and solar power, as well as making big improvements in mundane things like energy efficiency.Other outside analyses have reached similar conclusions. Tom Sanzillo, an expert in energy finance at the Institute for Energy Economics and Financial Analysis, a think tank launched to promote sustainable energy, questions the wisdom of assuming huge debt loads and higher electricity prices to double down on precisely the fuel source that has driven the bulk of Kosovo’s environmental degradation. And if the new power plant is meant to jump-start economic growth, he said, Kosovo and the World Bank should reach for a more modern playbook.“If the country wants to enter the modern era of economic competitiveness, it’s not by announcing another coal plant,” he said. “It’s by announcing upgrades to the electricity grid. It’s about wind and solar. It’s about, you know, a modern future.”Tiny Kosovo Faces a Big Energy Dilemma: The energy-starved Balkan nation needs a new power plant. But is dirty brown coal the best way to build the economy? Questions Around World Bank, U.S. Support for Regressive Electricity Project in Kosovolast_img read more