Nektan has issued a profit warning to investors as its decline in player deposits continued into the final quarter of its financial year.The gaming technology platform and services provider, whose clients include BetVictor and News International, published a trading update in relation to its financial year ending June 30, noting that big rises in revenue will not be matched by earnings.It said it expects to deliver year-on-year, double digit revenue growth and a significantly reduced EBITDA loss in FY19 compared to the previous year.However, the Gibraltar-headquartered group’s target of achieving EBITDA break-even in FY19 will not be achieved due to the slower trends experienced in Q3 continuing into Q4. It said earnings were impacted by a number of factors such as first time deposits and deposits, including the continued effect of increasing UK regulations around player marketing and verification. It had previously predicted these metrics would improve in Q4.Forecasting a brighter FY2020, the company said it expects to go live with a number of new clients in the coming months.“In our B2C business, management has taken a number of actions in conjunction with the company’s partners, that are delivering positive underlying results,” Nektan chief executive Lucy Buckley said. “We expect this to translate into better performance including increased margins. “This, combined with a pipeline of new partners and product launches, underpins the board’s confidence that Q1 FY20 should see a return to quarter-on-quarter growth that has been delivered by the Company in nine out of the last 12 quarters.“Nektan’s B2B business continues to make exciting progress; our pipeline of opportunities is continuing to develop and has seen engagement with an increasing number of larger market participants globally. We expect a number of these to go live during the remainder of 2019, which has the scope to have a transformational impact on our business.“We continue to focus on moving to profitability and look forward to providing a more detailed update in our Q4 FY19 trading announcement in July 2019.”In its most recent quarterly statement, issued in April, Nektan reported a 5.9% year-on-year increase in revenue in Q3.While revenue for the three months ended March 31 was up from £5.1m (€5.9m/$6.7m) in the prior year to £5.4m, this represented a 15.6% decline from the second quarter of the current financial year. The supplier only released figures on revenue, staking and customer numbers in its trading update, meaning there was no update on its bottom-line performance.As Nektan mentioned in its results for six months ended December 31, 2018, this was down to factors such as seasonality, tighter UK regulations around player marketing and verifications and a delay in its Swedish operating licence being granted.These issues impacted its core white label operation in Q3, with B2C net gaming revenue down 17.7% year-on-year and flat sequentially at £5.1m. First time depositors were down 12.2% from the prior year at 31,914, and down from the 36,328 reported in Q2, while customer stakes fell 1.0% from FY2018 to £141m, a 16.0% month-on-month drop.A further 10 white label clients were signed up during Q3, with 152 sites currently live. 24th June 2019 | By contenteditor Email Address Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Nektan has issued a profit warning to investors as its decline in player deposits continued into the final quarter of its financial year. Finance Topics: Finance Tags: Online Gambling Nektan issues profit warning ahead of full year results
Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. 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But the big story is the company’s ambitions to expand abroad. And results from the US are pleasing. Today’s figures reveal to us that just over 7% of revenue came from across the pond, but US revenues surged by more than 30% compared to last year.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A year of transitionBengtsson reckons 2019 was “a year of transition” because of the acquisition of Mr Green (MRG) and the “strong” growth of the US business. The acquisition of MRG completed in January 2019. The firm is a “fast-growing, innovative” iGaming enterprise with operations in 13 markets such as Denmark, Italy, Latvia, Malta, the UK, Ireland and Sweden.The directors expect MRG to strengthen William Hill’s online business and help the firm to expand its European coverage. And I reckon we could be seeing the emergence of renewed growth within the business driven by the strengthening of the online offering. I’m encouraged by the company’s progress with international expansion. After all, around 25% of the firm’s business is derived from abroad now.Bengtsson explained that the regulatory environment had been challenging during the year, but he’s optimistic about the future. The industry is evolving, he reckons, and that situation “brings great opportunities.” Rebasing the businessAnd that’s good to hear because the figures in today’s report are dire. Revenue slipped back by 2% compared to the prior year, adjusted earnings per share plunged by 48% and the directors’ slashed the dividend by 33%. It seems that regulatory changes have been taking their toll. Profits suffered badly, for example, because of “the implementation of the £2 stake limit.” William Hill had a “decisive” response to the new £2 stake limit by closing 713 shops. That led to an exceptional charge and adjustments of just over £134m, mainly because of redundancies and the closure of those shops. Indeed, the company posted a statutory loss before tax of almost £38m. And sadly, net debt rose to £536m, which compares to net cash from operating activities in the period of £183m – to me, that debt pile is uncomfortable.However, the share price is around 50% lower than it was two years ago, so the market has already adjusted for the new financial reality. And now that William Hill has rebased its business, I reckon there’s a decent chance that operations could grow from here as the firm pursues its international and online expansion strategy.With the share price close to 174p, the forward-looking earnings multiple for 2020 sits at 14 and the anticipated yield from the rebased dividend is a tempting 4.6%. I reckon the firm could make a decent recovery play if it can keep on top of its debt load and start reducing borrowings going forward. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kevin Godbold | Wednesday, 26th February, 2020 | More on: WMH Image source: Getty Images. See all posts by Kevin Godbold
Year: Projects “COPY” Thailand CopyHouses, Housing•Thailand SAVA / Original VisionSave this projectSaveSAVA / Original Vision 2010 SAVA / Original Vision Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/771852/sava-original-vision Clipboard Architects: Original Vision Area Area of this architecture project Photographs 2010 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/771852/sava-original-vision Clipboard Year: ArchDaily CopyAbout this officeOriginal VisionOfficeFollowProductsWoodGlassSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousingThailandPublished on August 19, 2015Cite: “SAVA / Original Vision” 18 Aug 2015. ArchDaily. Accessed 11 Jun 2021.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Environmental Funding Guide Howard Lake | 20 January 2008 | News 17 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Institute of Fundraising Recruitment / people Carrick Allison leaves Institute The Institute of Fundraising’s director of professional development Carrick Allison is leaving to head up a new learning and development project in the Middle East.During his two years at the Institute, he has been heavily involved in the development and delivery of new National Occupational Standards for Fundraising, a new series of professional fundraising training and qualification products, and most recently the development and launch of the Institute’s e-learning website, Fundraising Learning Online.www.institute-of-fundraising.org.uk 50 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 21 January 2009 | News
“When you’re pushing the lie, the truth is very threatening.” — Ramona Africa of the MOVE organization.The prolonged fight to free political prisoner Mumia Abu-Jamal has gone on for 36 years and counting. Mumia wages titanic battles every day in uncompromising defiance of the state’s ongoing conspiracy to finally silence him, behind the wall at Mahanoy Prison in rural Pennsylvania.On the outside, an international “People’s Army of Support” has planted itself like ubiquitous oak trees as Mumia’s ever-present backup team that never sleeps. They range from grassroots to professional in their pursuit of freedom for this highly regarded freedom fighter and public intellectual. They’ve been on watch and intervention ever since the state orchestrated frame-up and cover-up began under the reign of terror launched by the infamous mayor of Philadelphia, Frank Rizzo, in December of 1981 and before.Recently, defenders organized several well-attended events in Philadelphia and New York City. It must be stated here that the struggle to free Mumia is synonymous with the dogged effort to free the MOVE 9, targeted, too, by Rizzo’s wrath, who also fight tirelessly for release from prison after their decades-old bogus convictions. The virtual back-to-back events recently held included a teach-in at the historic Church of the Advocate in Philly on Dec. 8 and the demonstration, march and rally held on Dec. 9, beginning at the Rizzo statue and continuing with an indoor program at the Arch Street United Methodist Church. On Dec. 13, under the auspices of the Campaign to Bring Mumia Home, led by Johanna Fernandez, attendees at the Harlem, N.Y., gathering were not only treated to the “poetic-science” dropped by Immortal Technique but also had the opportunity to purchase Mumia’s latest book, “Have Black Lives Ever Mattered?” Mumia “curated” the engagement by phone! One veteran activist remarked that it was “standing-room only”! Attendees from as far away as Germany and France were “in the house,” when it came to these three venues.Sister Pam Africa’s legendary “uncompromising endurance” at all three events was visibly felt and heard. It should be noted that both she and Monica Moorehead of the International Action Center took their defense of Mumia, back in the day, to head of state Fidel Castro Ruz, who was not only keenly interested in what they had to say, but also well informed about Mumia. He offered continued political support for the effort to exonerate him! At the rally on Dec. 9, Suzanne Ross of International Concerned Family and Friends of Mumia Abu-Jamal circulated a historic document issued by the Frantz Fanon Foundation, addressed to Gov. Tom Wolf and Philadelphia District Attorney Larry Krasner, demanding that there be “full public disclosure of police and DA files connected to Mumia’s case” and that Mumia be freed now, because of a long line of judicial and police misconduct central to this case. It also cited the dire complaint of medical abuse and neglect on the part of prison authorities that continues to endanger Mumia’s health and well-being, even as this commentary is being written!Attorney Bret Grote, one of Mumia’s “frontline” lawyers, briefed the audience on the efforts to protect and free Mumia to thunderous applause. And Mumia’s brother Keith Cook maintains an ever-vigilant eye, ear and effort to help liberate his beloved brother.Mumia is scheduled for another hearing in Philadelphia on Jan. 17, 2018, during which presiding Judge Leon Tucker will weigh arguments supporting Mumia’s legal complaints, generated by documented state improprieties. Please make every effort to attend. Individuals with their organizations can sign on in support of the Frantz Fanon Foundation’s petition, as well as secure a copy of this historic document, by visiting www.freemumia.com. Wide circulation is also encouraged. Henry Hagins is a member of the Free Mumia Abu-Jamal Coalition (NYC). FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
News More and more Iranian prisoners, including journalists, are risking their lives by going on hunger strike in protest against prison conditions or mistreatment, or simply to demand proper medical care.Soheil Arabi, a citizen-journalist held since December 2013, has been on hunger strike for the past 25 days in protest against the way the Revolutionary Guard intelligence services have been harassing and threatening his wife, Nastaran Naimi.Naimi was arrested at her home by plainclothes intelligence officers in July and was held for eight days. Since then, she has been constantly harassed and threatened, and was fired from her job at their request.Arabi’s family say Arabi is now in a critical condition because he has not eaten anything at all since 23 September.Mehdi Khazali, the outspoken editor of the Baran blog, was arrested on a Tehran street by men in civilian dress on 12 August and, according to his family, has been on hunger strike ever since the day of his arrest.This was disputed by the Tehran prosecutor a month after his arrest. “He is not on hunger strike, despite what is claimed by the enemy media abroad,” the prosecutor insisted. “He is well and his family saw him last week.” This has not been confirmed by his family.Khazali had been openly critical of the head of the judicial authority in the months prior to his arrest. He was sentenced to 14 years in prison in 2011.Ehssan Mazndarani, a journalist with the daily Farhikhteghan arrested in November 2015, is in very poor health but is still being held despite a regulation requiring the prison authorities to provide ailing detainees with the medical care they need.His relatives say they are extremely worried about him because he can no longer even swallow water and the prison authorities are refusing to authorize a transfer so that forensic doctors can examine him.RSF points out to the Iranian authorities that they are required to respect both Iran’s own laws and regulations* and the international standards** established in the Universal Declaration of Human Rights and the International Covenant on Civil and Political Rights, which Iran has signed.Iran is ranked 165th out of 180 countries in RSF’s 2017 World Press Freedom Index.*According to Iran’s prison regulations, adopted by the judicial body that oversees the prison system, prison officials are supposed to provide detainees with any medical care they need. Articles 102 and 103 of the regulations say that “monthly medical checks are obligatory in the prison clinic” and that “if necessary, the detainee must be transferred urgently from the prison to the hospital.”These regulations also say that the judge in charge of the case is responsible for the health and safety of any prisoner with a serious and incurable illness.**According the International Covenant on Civil and Political Rights, to whichIran is party, depriving detainees of medical care constitutes a violation of the ban on torture and other cruel, inhuman or degrading treatment. Reporters Without Borders (RSF) is extremely concerned about the prison conditions of detained journalists and citizen-journalists in Iran, especially those who are ill or on hunger strike. The plight of Soheil Arabi, Mehdi Khazali and Ehssan Mazndarani is particularly alarming. March 18, 2021 Find out more IranMiddle East – North Africa Judicial harassmentViolenceImprisonedInternet Organisation After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists Receive email alerts IranMiddle East – North Africa Judicial harassmentViolenceImprisonedInternet June 9, 2021 Find out more September 27, 2017 Iranian authorities neglect health of imprisoned journalists Follow the news on Iran News Help by sharing this information Iran: Press freedom violations recounted in real time January 2020 News Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists to go further News RSF_en February 25, 2021 Find out more
Education Pasadena School Board Meets Thursday Board set to look at a range of issues By ANDY VITALICIO Published on Wednesday, May 13, 2020 | 3:30 pm Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * 41 recommended0 commentsShareShareTweetSharePin it Name (required) Mail (required) (not be published) Website STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Subscribe Business News More Cool Stuff Community News STAFF REPORT First Heatwave Expected Next Week Make a comment The Pasadena Unified School District’s Board of Education will hold a public hearing via teleconference Thursday, May 14, to allow public input about the adoption of K-5 social studies instructional materials. The public hearing constitutes part of the Board’s meeting.Members of the community can take part in the public hearing and contribute input by sending comments to [email protected] access the public hearing on Google Meet, the public should call (929) 399-7626 and use the access code 585078199#.The proposed social studies instructional materials can be viewed through www.gopusd.com/historyreview.Also during Thursday’s meeting, the Board of Education is set to adopt a resolution expressing support for the retention of the Altadena Sheriff’s Station, stating that the station is “an integral part of the Pasadena Unified School District’s emergency preparation and response.”A draft of the resolution said PUSD has worked closely with the deputies and personnel of the Altadena Sheriff’s Station to ensure the safety of students, staff, and PUSD schools and to respond timely and sensitively to emergencies and safety concerns.Earlier in May, the L.A. County Sheriff’s Department said they were planning to close the Altadena Station by July 1 as a cost-saving measure.The draft resolution said closing the Altadena station would mean assigning service to a station located about nine miles away from the Pasadena area, increasing response times and reducing patrol unit presence in the community.Later on in the meeting, Dr. Leslie Barnes, Chief Business Officer at PUSD, is expected to provide a 2020-2021 Budget Update that includes adjustments as a consequence of the COVID-19 emergency. According to a Department of Finance update last week, with state revenues down by more than $41.2 billion, the impact on the education budget is estimated to be approximately $18 billion.In normal times, the PUSD is required to adopt a budget for the upcoming fiscal year by June 30. Now, with the state’s budget not likely to be finalized until August, the school district may need to revise its budget once the state budget is signed, a preliminary report on the presentation showed. HerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeauty11 Yummy Spices For A Flat TummyHerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeautyHerbeautyWhat’s Your Zodiac Flower Sign?HerbeautyHerbeauty Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday The family of Anthony McClain bow their heads for a prayer before the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Attorney Dale Galipo during the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Make a comment Top of the News Anthony McClain Jr., the son of Anthony McClain is overwhelmed with emotion during the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) STAFF REPORT First Heatwave Expected Next Week Community News Skilynn McClian, 2, the daughter of Anthony McClain is held by her aunt during the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Heart shaped balloons are let go into the sky in honor of Anthony McClain during the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Your email address will not be published. Required fields are marked * The attorneys representing the family of Anthony McClain, Caree Harper, left, and Benjamin L. Crump walk with family members of Anthony McClain to the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Subscribe Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Attorney Benjamin L Crump raises his fist with family members of Anthony McClain in solidarity during a press conference to present new evidence of unjustified police shooting of Anthony McClain in front of the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Name (required) Mail (required) (not be published) Website EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS HerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyShort On Time? 10-Minute Workouts Are Just What You NeedHerbeautyHerbeautyHerbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeauty ‹› Public Safety Floyd Attorney Ben Crump Joins McClain Legal Team Attorneys claim new video casts doubts on discovery of weapon allegedly found at scene By EDDIE RIVERA | Photography by JAMES CARBONE Published on Tuesday, March 23, 2021 | 6:06 am More Cool Stuff Attorney Benjamin L. Crump during the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Business News Noted civil rights attorney Ben Crump, who helped win a tentative $27 million settlement in the Minneapolis Police death of George Floyd, has joined the team of attorneys suing the city and the police department for the shooting death of Pasadena resident Anthony McClain last summer. Crump and attorneys Carree Harper, Dale Galipo, and Michael Carrillo held a press conference at Pasadena Police headquarters Monday to announce a new legal filing which is the precursor for the pre-trial discovery set to begin on March 25.Tuesday would have been McClain’s 33rd birthday.Opening the press conference, Crump detailed a litany of cases in which police officers nationwide have killed Black citizens.“What’s important to note here today,” said Crump, “is that in Pasadena, California, in 2020, the Coronavirus pandemic shut down everything in America… except implicit bias and police excessive force and brutality against Black people in America.”“We saw it with Breonna Taylor in Louisville, Kentucky, and in America, all said her name,” said Crump. “We saw George Floyd tortured for eight minutes and forty-six seconds and everybody saw that video all over the world. And they all said George Floyd’s name, and then a week after Anthony McClain was shot and killed, Jason Blake., Jr. in Kenosha, Wisconsin, was shot and paralyzed, and we all said his name.”“We’re here in Pasadena saying that in America,” Crump continued, “we should all be saying Anthony McClain’s name.” McClain was shot twice on Raymond Avenue in Northwest Pasadena on Saturday, August 15 while fleeing police during a traffic stop for a missing front license plate. His death re-ignited ongoing Black Lives Matter demonstrations which roiled Pasadena all last summer. Attorney Harper, a former police officer, said Monday that a recently discovered video cast doubt on the recovery of the gun police say McClain had been concealing at the time of the stop but discarded as he fled. Video Taken Shortly After Shooting of Anthony McClainHarper claims that the gun was found “under very suspicious circumstances” by an officer who arrived after the shooting.The video shows McClain lying face down and handcuffed on a grassy easement, bleeding onto the grass, as a police officer appears to be applying pressure to a wound on McClain’s lower back. The video was filmed on the parkway of the eastern side of North Raymond Avenue.An angry and hostile crowd of residents gathers, shouting and cursing at the police, while others can be heard crying and shrieking. During the four minute-and 19-second video, officers tell the crowd that an ambulance is on its way. McClain is heard saying, “I can’t breathe,” while on the ground. At the end of the video, an officer is heard saying, “It’s here!” referring to the ambulance.The video does not appear to show the presence or discovery of a weapon. Pasadena Police Dept. spokesperson Lt. William Grisafe said Monday the gun was found on the opposite side of the street from where the video was shot, and about 20 to 30 yards away from where McClain fell.Grisafe said the McClain case has been submitted to the Los Angeles County District Attorney’s Office for a review of the officers; conduct “a few months ago.”“We have not received a response as it averages about 12 to 18 months to receive their disposition,” he said.Later Monday, the Police Department issued a statement about the press conference in which it said that “the incident that took place last year that resulted in the tragic death of Anthony McClain continues to be reviewed by multiple agencies, including the Los Angeles County District Attorney’s Office’s review of the shooting, as well as the OIR Group, which has been retained by the City to conduct an independent review of the incident.”“The recent loss of Mr. McClain’s beloved grandmother has only added to the family’s pain and our thoughts are with them,” the statement said.The Department declined to comment specifically on charges leveled at police by attorney Crump, saying, “As there is ongoing litigation regarding the matter, we are unable to comment publicly on the claims made earlier today by attorney Ben Crump, although the fact is that a handgun was found, and Mr. McClain’s DNA was found on the handgun.”Harper said that the McClain team is “questioning the evidence. I think with that video, we are going to question the Pasadena Police document that was filed today.” Both sides reportedly filed Federal 26-1 documents Monday morning, in which each provided initial statements before the formal discovery phase.Harper said that her office will allege that the police officer improperly applied pressure to the wound and that Police Chief John Perez “improperly trained his officers.”As a former police officer, Harper seemed torn over taking legal action against police officers.“I’ll be honest,” said Harper. “I don’t think that anyone ever joins a police department because they want to shoot and kill black people” Harper was also hesitant to directly criticize Police Chief John Perez, who she said she thought “has a good heart.” But, she added, “Evil prevails when good men fail to act.”Added Harper, “In Pasadena, when officers do wrong, they don’t seem to be held accountable. It seems like they are actually promoted.”Also at the press conference were McClain’s son, Anthony, his daughter SkyLynn, and his son Bryce, along with their mothers. Following the press conference, the group, led by Solemuli Afaese, mother of Anthony Jr., sang “Happy Birthday” to McClain. STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Family members of Anthony McClain are overwhelmed with emotion during the press conference at the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) Bryce McClain the oldest son of Anthony McClain holds heart shaped balloons as he has a moment to himself before the start of the press conference to present new evidence of unjustified police shooting of Anthony McClain in front of the Pasadena Police Department in Pasadena on Monday, March 22, 2021. (Photo by James Carbone) 14 recommended0 commentsShareShareTweetSharePin it
The Best Markets For Residential Property Investors 2 days ago July 1, 2015 966 Views Dodd-Frank Act Federal Reserve Financial Sector Liabilities Mergers & Acquisitions 2015-07-01 Brian Honea in Daily Dose, Featured, Government, News About Author: Brian Honea Subscribe Fed: Financial Sector’s Aggregate Liabilities Equal $21.6 Trillion The Federal Reserve Board announced that the aggregate financial sector liabilities equaled approximately $21.6 trillion, according to the Fed’s first-ever determination of aggregate consolidated liabilities for all financial companies released on Wednesday.According to the Fed, the amount of total liabilities for the financial sector – $21,632,232,035,000 – will measure the aggregate consolidated liabilities for the purpose of section 622 of the Dodd-Frank Act for a one-year period from July 1, 2015, through June 30, 2016. Section 622 of Dodd-Frank, implemented by the Board’s Regulation XX, prohibits a merger between two financial companies or one financial company from acquiring another if the resulting merged company’s liabilities exceed 10 percent of the aggregate financial sector liabilities.Insured depository institutions, bank holding companies, savings and loan holding companies, foreign banking organizations, companies that control insured depository institutions, and nonbank financial companies designated for Board supervision by the Financial Stability Oversight Council (FSOC) are among the financial companies that are subject to the limit on financial company mergers and acquisitions imposed by section 622 of Dodd-Frank.The Fed will publish the aggregated consolidated liabilities by July 1 of each subsequent year. For the first period, which ran from July 1, 2015, to June 30, 2016, aggregate financial sector liabilities equaled financial sector liabilities calculated as of December 31, 2014; for all subsequent periods, the aggregate financial sector liabilities will equal the average of financial sector liabilities as of December 31 for the two preceding calendar years.According to the Fed, the total of aggregate financial sector liabilities equals the sum of all financial companies’ financial sector liabilities. For bank holding companies and insured depository institutions (calculated under applicable risk-based capital rules), financial sector liabilities equaled the difference between risk-weighted assets and total regulatory capital. For savings and loan holding companies, nonbank financial companies supervised by the Board, bank holding companies with total consolidated assets of less than $1 billion, and U.S. depository institution holding companies that are not bank holding companies or savings and loan holding companies, financial sector liabilities equal liabilities calculated in accordance with applicable accounting standards, according to the Fed. Tagged with: Dodd-Frank Act Federal Reserve Financial Sector Liabilities Mergers & Acquisitions Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Freddie Mac’s Mortgage Portfolio Expands for Eighth Time in Nine Months Next: DS News Webcast: Thursday 7/2/2015 Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Fed: Financial Sector’s Aggregate Liabilities Equal $21.6 Trillion Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Print This Post The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago