Latest news with #Hickman
Business Wire
3 days ago
- Business
- Business Wire
FLYW BREAKING NEWS: Flywire Corporation Sued after Student Visa Related Headwinds -- Investors with Losses are Notified to Contact BFA Law before September 23 Class Action Deadline
NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Flywire Corporation (NASDAQ: FLYW) and certain of the Company's senior executives for potential violations of the federal securities laws. Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Flywire Corporation (NASDAQ: FLYW) and certain of the Company's senior executives for potential violations of the federal securities laws. Share If you invested in Flywire, you are encouraged to obtain additional information by visiting: Investors have until September 23, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Flywire securities. The case is pending in the U.S. District Court for the Eastern District of New York and is captioned Hickman v. Flywire Corp., et al., No. 1:25-cv-04110. Why Was Flywire Sued for Securities Fraud? Flywire operates as a payments-enablement, and software company. Its largest client vertical is education, the volumes and revenue from which rely on international enrollments and student school preferences. In and around late 2023 and early 2024, the Canadian and Australian governments began to tighten student visa and permitting rules. Despite these headwinds, Flywire consistently touted the sustainability of its revenue growth and financial condition, while downplaying the negative impacts of permit- and visa-related headwinds on the Company's business. In truth, it is alleged that Flywire overstated the strength and sustainability of its revenue growth while understating the negative impacts that the permit- and visa-related restrictions had and were likely to have on Flywire's business. The Stock Declines as the Truth Is Revealed On February 25, 2025, Flywire announced that its business in the education sector had significantly deteriorated due to worsening permit- and visa-related headwinds, including 'double digit declines in student visa issuance in our big four geographic markets,' with 'continued visa policy restrictions' anticipated in 2025. On this news, the price of Flywire stock declined roughly 37%, from $17.64 per share on February 25, 2025, to $11.05 per share on February 26, 2025. Click here for more information: . What Can You Do? If you invested in Flywire you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named 'Elite Trial Lawyers' by the National Law Journal, among the top '500 Leading Plaintiff Financial Lawyers' by Lawdragon, 'Titans of the Plaintiffs' Bar' by Law360 and 'SuperLawyers' by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
Al Etihad
30-06-2025
- Business
- Al Etihad
International law firm Addleshaw Goddard bets big on ADGM
30 June 2025 22:51 Khaled Al Khawaldeh (Abu Dhabi)Addleshaw Goddard, a high-flying, London-headquartered, international law firm, has opened its doors at Abu Dhabi Global Market (ADGM), marking its fifth office in the Middle East — a move reflecting both client demand and the emirate's transformation into a global business and digital assets Hickman, Head of Middle East at Addleshaw Goddard, described the launch as "strategically important" for cementing relationships with major Abu Dhabi-based clients, believing the time was ripe for law firms that may already have a presence in Dubai to expand their presence to the capital – especially as Abu Dhabi Inc, a colloquialism used to describe the enormous sovereign wealth fund and corporate ecosystem in the emirate, continues to grow."There is a lot of client demand for us to be in Abu Dhabi. We do a lot of work for major 'Abu Dhabi Inc' entities already, but historically, there's been reluctance to give material mandates to advisers not physically present in the capital," he told new office positions Addleshaw Goddard to seize opportunities not only in the UAE but globally, Hickman explained, as Abu Dhabi's state-backed investors look increasingly outward, the demand for legal services was only growing. "We anticipate more work for sovereign wealth funds, financial institutions, and Abu Dhabi Inc when they deploy capital internationally. Being on the ground in Abu Dhabi lets us support them both at home and abroad."ADGM, the financial free zone on Al Maryah Island, has in recent years emerged as a serious peer to Dubai International Financial Centre (DIFC). While DIFC has been widely recognised as the Gulf's foremost financial centre, ADGM has differentiated itself by aligning closely with Abu Dhabi government to attract the kind of international businesses the emirate wants."What the ADGM has done, which sets it apart slightly from DIFC, is its coordination with Abu Dhabi authorities like ADIO and ADIA. They've introduced investment incentives to attract high-quality international players, and it's working - every time I visit, I see more Abu Dhabi Inc entities setting up shop," Anna Zeitlin, another partner at Addleshaw Goddard specialising in Fintech and Financial Services told both partners, ADGM's regulatory achievements have been a major draw. Hickman praised its "world-class legal jurisdiction" with English common law at its foundation, calling it a "trusted place to do business" with robust frameworks for dispute resolution. He said the adoption of English law gives investors and businesses legal predictability that many other emerging markets partners also noted how ADGM has evolved from simply hosting banks and international corporations to becoming a magnet for Abu Dhabi's biggest government-related entities — a signal of the free zone's increasing importance as a centre for both local and cross-border the most striking element of ADGM's evolution is its emergence as a global pioneer in digital assets regulation — an area where Zeitlin sees Abu Dhabi ahead of Dubai and most of the world. While Dubai has garnered headlines for creating VARA, its standalone virtual assets authority, Zeitlin emphasised that ADGM had already started developing a digital assets regime before Dubai finalised its approach."Some of the first digital asset players in the Emirates set up in ADGM, and it has been picky about attracting big, legitimate firms. Their regime wasn't imported from English law, it had to be developed from scratch, and it's probably a world leader," Zeitlin said. The strong response to ADGM's digital assets regime has prompted the free zone to expand physically from Maryah Island to neighbouring Reem Island to accommodate new Goddard itself is helping shape the next phase of ADGM's regulations."We work very closely with the FSRA, the financial regulator there, and we are helping them develop some of their new regimes that are coming up in the next few months," she ambitions don't stop with ease of doing business or attracting capital. According to Hickman, it has also taken the region's bankruptcy frameworks to new heights. He pointed to high-profile restructurings like NMC Health, where distressed companies redomiciled into ADGM to benefit from its modern insolvency regime."ADGM has created the leading bankruptcy regime in the Middle East, which supports not only business growth but also provides effective solutions when companies run into distress," he said. Though both partners acknowledge that UAE bankruptcy processes still lagged mature markets in terms of speed and certainty, they see ADGM's approach as a clear sign of Abu Dhabi's intent to provide a full-spectrum financial ecosystem.
CBS News
18-06-2025
- Climate
- CBS News
Stanislaus County city of Hickman working to address months-long water issue
A water issue that spans months in the Stanislaus County city of Hickman has led to daily shut-offs, a boil water notice and growing frustration among residents and school officials. The problem began in March when clay from the walls of the city's oldest well collapsed into the water system, according to Waterford City Manager Michael Pitcock. Although the water has consistently tested free of bacteria and is technically safe to drink, many residents have reported discolored orange or yellow tap water. "It looked like sewage, like urine," said resident Heaven Jobe, who lives in Hickman with her mother. "We're boiling our water just to cook. They didn't offer a single bottle of water. Not one." To address the issue, the city hired American Pipeline Solutions to perform a process called ice pigging. The method uses an ice slushy mixture to scrub the inner walls of the water pipes, removing built-up sediment that traditional flushing hasn't been able to clear. "They've been doing some flushing out here for a large number of weeks," said Randy Lewis with American Pipeline Solutions. "The amount of sediment we're able to get out in just one single push: they couldn't touch it over three or four months of flushing." The ice pigging process requires the water system to be completely shut down each day from 8 a.m. to 2 p.m., triggering a boil notice under state regulations. Officials say water service will resume normally once the system passes two consecutive days of bacteria testing. But the lack of advanced communication has left Hickman School scrambling. Superintendent Trish Anderson says she's made multiple attempts to meet with city officials without success. "I'm running a school of over 1,000 kids. We got less than 12 hours' notice that the water would be off," Anderson said. "We've been replacing our filters monthly and buying bottled water. I'm done being patient." Anderson said the school paid $600 for independent water testing and has spent even more on emergency water supplies to stay compliant with state education code. Pitcock told CBS13 via email that he will be out of the office until Monday. No other comment was provided besides the press release given to residents. The city says ice pigging is expected to wrap up by Wednesday.
Daily Mirror
16-06-2025
- Politics
- Daily Mirror
Campaign for free bus passes for over 60s in England passes key threshold
Support has soared as a parliamentary debate is a step closer as campaigners say it's unfair English travellers don't get the same as those in Wales, Scotland and NI A public outcry is mounting as campaigners push for the government to introduce free bus passes for over 60s in England, mirroring benefits already available in Wales, Scotland, and Northern Ireland. A parliamentary petition has surged past the 75,000 mark, edging closer to triggering a debate on what many see as an unfair policy that leaves English seniors out of pocket. While residents in Merseyside and London enjoy free travel from 60, elsewhere in England, the age threshold is set at 66, with cash-strapped local authorities left to foot the bill. The campaign, created by Karen Hickman, is gaining momentum, with MPs raising questions and ministers indicating that funds exist for councils willing to tap into them. Hickman's petition demands: "We call on the Government to extend free bus travel to all people over 60 years old in England outside London. We believe the current situation is unjust and we want equality for everyone over 60. "Currently, people in England who do not live in London are not entitled to free bus travel until they reach the state pension age, which we believe has changed dramatically. As people get older some over 60s drive less and less, therefore we believe we need equality on public transport. It would mean England had the same provision as Scotland, Wales and Northern Ireland." Just last week, an MP raised a question on this matter, receiving a response that explained how one source of funding was already available. Liberal Democrat MP Pippa Heylings posed a new question to the Secretary of State for Transport Heidi Alexander: "if she will make an assessment of the potential merits of extending the eligibility criteria for an older person's bus pass to include people over the age of 60 in England.", reports Lancs Live. Simon Lightwood, Parliamentary Under-Secretary of State for Transport, responded yesterday (June 10): "The English National Concessionary Travel Scheme (ENCTS) provides free off-peak bus travel to those with eligible disabilities and those of state pension age, currently sixty-six. The ENCTS costs around £700 million annually and any changes to the statutory obligations, would therefore need to be carefully considered for its impact on the scheme's financial sustainability. "However, local authorities in England have the power to offer concessions in addition to their statutory obligations, such as lowering the age of eligibility. Additional local concessions are provided and funded by local authorities from local resources. "The government has confirmed £955 million for the 2025 to 2026 financial year to support and improve bus services in England outside London. This includes £243 million for bus operators and £712 million allocated to local authorities across the country. Cambridgeshire and Peterborough Combined Authority have been allocated £10.5 million of this funding. Funding allocated to local authorities to improve services for passengers can be used in whichever way they wish. This could include extending the discretionary concessions available." In England the over 66s can get concessionary travel which allows them to travel: To view the petition, sign up, and read the full DfT response click here.
Yahoo
12-06-2025
- Business
- Yahoo
Scan A Sign Launches Across All Markets to Help Real Estate Agents Turn Signs into Smart Sales Tools
Scan A Sign Revolutionises Property Marketing with Smart QR Code Solutions Horsham, England , June 12, 2025 (GLOBE NEWSWIRE) -- Scan A Sign, a leader in dynamic QR code technology, has announced the global availability of its platform—giving estate agents and property marketers a powerful way to transform traditional For Sale and To Let boards into interactive sales tools.A modern estate agent sign featuring a Scan A Sign QR code—giving buyers instant access to live property details, brochures, and virtual tours directly from the kerbside With Scan A Sign, each QR code is fully editable even after printing. Agents can update links to property details, brochures, virtual tours, or contact information at any time, without the need to reprint signage. This not only keeps listings up to date, but also makes them instantly shareable, helping properties gain more exposure through mobile devices and social sharing. With the real estate market becoming more competitive than ever, agents are seeking innovative ways to stand out and connect with buyers and tenants. Scan A Sign provides a seamless platform to manage and update QR codes across listings—ensuring information stays accurate and accessible at all times. 'Agents don't need to change how they print boards—our system integrates with your existing board supplier,' said Mark Hickman, CEO of Scan A Sign. 'We've made it simple to modernise marketing without overhauling your operations.' The platform offers a frictionless experience for both agents and home seekers. A quick scan with any smartphone brings up rich, up-to-date property information, driving engagement and increasing the likelihood of lead conversion. 'Our mission is to equip real estate agents with smart tools for a digital-first world,' Hickman added. 'By turning signs into connected sales assets, we're helping agents boost visibility, attract more interest, and provide a better service to clients.' As digital demand continues to rise, Scan A Sign is helping estate professionals bridge the gap between traditional signage and smart, trackable marketing. The platform is designed for ease of use—even for teams with limited technical experience—and is supported by a responsive UK-based team. Ready to turn your signs into smart sales tools?Visit or contact press@ to request a demo or learn more.A prospective buyer scans a Scan A Sign smart tag outside a property—accessing up-to-date details instantly, without needing to call or wait for a Scan A Sign Scan A Sign provides smart QR code solutions tailored for estate agents, enabling instant access to property details, brochures, virtual tours, and agent contact information. Our platform makes it easy to manage and update QR codes across all listings, helping agents stand out, capture leads, and provide a seamless experience for potential buyers and tenants. Press inquiries Scan A Sign Mark Hickman markttoml@ A video accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
