MELVILLE, N.Y. and DAVIDSON, N.C. , Dec. 18, 2024 /PRNewswire/ -- MSC Industrial Supply Co. (NYSE: MSM) , a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America , today announced that its Board of Directors has declared a cash dividend of $0.85 per share. The $0.85 dividend is payable on January 29, 2025 to shareholders of record at the close of business on January 15, 2025 . Contact Information Investors: Media: Ryan Mills, CFA Zivanai Mutize Head of Investor Relations Head of Corporate Communications Rmills@mscdirect.com Zivanai.mutize@mscdirect.com About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.4 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com . Cautionary Note Regarding Forward-Looking Statements Statements in this press release may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth, profitability and return on invested capital, are forward-looking statements. The words "will," "may," "believes," "anticipates," "thinks," "expects," "estimates," "plans," "intends" and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management's assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; customer cancellations or rescheduling of orders; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; our ability to realize the desired benefits from the reclassification of our Class B Common Stock to Class A Common Stock; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology ("IT") systems and complying with data privacy laws; our ability to remediate a material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting and our disclosure controls and procedures in the future; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law. View original content to download multimedia: https://www.prnewswire.com/news-releases/msc-industrial-supply-co-declares-regular-quarterly-dividend-302335377.html SOURCE MSC Industrial Supply Co.
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Football is for everyone: HE Sports MinisterOTTAWA, Ontario (AP) — One of the most prominent figures from Canada's trucker protests against COVID-19 restrictions in 2022 has been found guilty on five counts including mischief and disobeying a court order. A judge ruled Friday that Pat King was guilty on one count each of mischief, counseling others to commit mischief and counseling others to obstruct police. He was also found guilty on two counts of disobeying a court order. He could face up to 10 years in prison. Hundreds, sometimes thousands, of protesters clogged the streets of the capital, Ottawa, and besieged Parliament Hill for three weeks in early 2022, demonstrating against vaccine mandates for truckers and other precautions and condemning Prime Minister Justin Trudeau’s Liberal government. Members of the self-styled Freedom Convoy also blockaded U.S.-Canada border crossings in protest. The prosecution alleged King was a protest leader who was instrumental to the disruption in Ottawa. The prosecution alleged King coordinated the repeated bouts of honking, ordering the protesters to lay on the horn every 30 minutes for 10 minutes at a time, and told people to “hold the line” when he was aware that police and the city had asked the truckers to leave. The prosecution's case relied mainly on King’s own videos, which he posted to social media throughout the protest to document the demonstration and communicate with those taking part. King’s lawyers argued that he was peacefully protesting and was not one of the demonstration's leaders. King was found not guilty on three counts of intimidation and one count of obstructing police himself. The truckers' convoy gridlocked downtown streets around Parliament Hill, with area residents complaining about the fumes from diesel engines running non-stop, and unrelenting noise from constant the honking of horns and music from parties. Trudeau's government ultimately invoked the Emergencies Act to try and bring an end to the protests. Ottawa Police brought in hundreds of officers from forces across Canada. The protests were first aimed at a COVID-19 vaccine mandate for cross-border truckers. They eventually encompassed fury over COVID-19 restrictions and dislike of Trudeau, reflecting the spread of disinformation in Canada and simmering populist and right-wing anger. The Freedom Convoy shook Canada’s reputation for civility, inspired convoys in France, New Zealand and the Netherlands and interrupted economic trade. For almost a week the busiest U.S.-Canada border crossing between Windsor, Ontario, and Detroit was blocked. It carries more than 25% of trade between the countries, who are each other's largest trading partners.
MELVILLE, N.Y. and DAVIDSON, N.C. , Dec. 18, 2024 /PRNewswire/ -- MSC Industrial Supply Co. (NYSE: MSM) , a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America , today announced that its Board of Directors has declared a cash dividend of $0.85 per share. The $0.85 dividend is payable on January 29, 2025 to shareholders of record at the close of business on January 15, 2025 . Contact Information Investors: Media: Ryan Mills, CFA Zivanai Mutize Head of Investor Relations Head of Corporate Communications Rmills@mscdirect.com Zivanai.mutize@mscdirect.com About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.4 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com . Cautionary Note Regarding Forward-Looking Statements Statements in this press release may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth, profitability and return on invested capital, are forward-looking statements. The words "will," "may," "believes," "anticipates," "thinks," "expects," "estimates," "plans," "intends" and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management's assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; customer cancellations or rescheduling of orders; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; our ability to realize the desired benefits from the reclassification of our Class B Common Stock to Class A Common Stock; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology ("IT") systems and complying with data privacy laws; our ability to remediate a material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting and our disclosure controls and procedures in the future; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law. View original content to download multimedia: https://www.prnewswire.com/news-releases/msc-industrial-supply-co-declares-regular-quarterly-dividend-302335377.html SOURCE MSC Industrial Supply Co.Three strikes for Flora Avenue fire hazardEAGAN, Minn. (AP) — The Minnesota Vikings waived cornerback Akayleb Evans on Saturday in another setback for their beleaguered 2022 draft class. Evans started 15 games last season, but he had been relegated to a special teams role this year after the Vikings added veteran cornerbacks Stephon Gilmore and Shaquill Griffin. Evans was a fourth-round pick out of Missouri, one of three defensive backs among Minnesota's first five selections in 2022. Lewis Cine (first round) was waived and Andrew Booth (second round) was traded earlier this year. One of their second-round picks, guard Ed Ingram, lost his starting spot last week. Evans was let go to clear a roster spot for tight end Nick Muse, who was activated from injured reserve to play on Sunday at Chicago. The Vikings ruled tight end Josh Oliver out of the game with a sprained ankle. AP NFL: https://apnews.com/hub/NFL
Whether you’re after a big ticket tech item for under the tree this year, or a just looking for a stocking stuffer for a gadget-obsessed loved one, here are some of our favourite bits of kit that could make for great presents. Gadgets and smart home Clockwise from top: Blink Outdoor 4, Adventures with Interactive LEGO Peach, Google TV Streamer, Ray-Ban Meta Smart Glasses. Google TV Streamer There are now heaps of options for updating a TV with new smarts via a set-top box or HDMI stick, but Google’s latest could just be the best value out there (assuming you’re not already wedded to the Amazon or Apple ecosystems). At around $150 it has all the major apps covered in up to 4K, Dolby Vision and Dolby Atmos, it connects to Matter and Thread smart home devices to keep your tech co-ordinated, and the remote is practically unlosable since you can ask Google to make it ring (or press a button on the Streamer). Blink Outdoor 4 As far as security cameras go, Blink’s aren’t super powerful or sophisticated. But they work well and are comparatively cheap. The Blink Outdoor 4, which is $150 but currently going for much less, is great for viewing live on your phone and alerting you when it detects motion. You do need to pay a $50 yearly subscription for it to record clips, but you have the option of backing them up automatically to a USB drive so you won’t lose the clips if you unsubscribe. Ray-Ban Meta Smart Glasses A regular pair of glasses that also contain a camera, microphones, earbuds and buttons, these specs let you take photos and videos, listen to music, answer calls and even stream your point of view, all while leaving your phone in your pocket. You can also talk to the built-in AI to send messages or ask about what you’re looking at. They start at around $450 (it will be extra if you need prescription lenses put in). Adventures with Interactive LEGO Peach / Mario / Luigi I’ve been hesitant to embrace Lego sets that have a bunch of tech and batteries and screens, especially for kids, as regular plastic bricks remain such an engaging toy for unstructured play. But the Lego Mario sets – where you build courses and then run through them with a battery-powered character that reacts to your creations – have proven it can be done right. There are loads of sets that add obstacles and enemies, but any of the three starter sets for this year (going for around $65 each) would be a perfect place to start. Cleaning and fitness From left: Garmin Fenix 8; Dyson WashG1; TP-Link Tapo RV30 Robot Vacuum & Mop; Xiaomi Smart Band 9. Dyson WashG1 At first glance a mop might not sound like the most exciting Christmas gift, but this one has had a decidedly hi-tech upgrade thanks to Dyson. The $849 WashG1 is easy to set up – and far more convenient than readying a bucket and mop – and removes both liquid and dry debris before smartly self-cleaning on its charging dock. TP-Link Tapo RV30 Robot Vacuum & Mop Pretty much since their inception, robot vacuums have by and large felt better in theory than in reality. No longer. The TP-Link has a ticket price of $800 but is less than $400 on sale, offering great value and plenty of smarts to boot. The RV30 uses LiDAR technology to map out your house in minutes and avoid repeated cleaning, and its 5000 mAh battery is good for five hours of continuous cleaning. Oh, and it cleans pretty darn well, too. Xiaomi Smart Band 9 For a low-cost, high-value stocking stuffer it’s hard to go past Xiaomi’s $60 Smart Band, which is probably the cheapest fitness tracker money can buy. While lacking some of the features of rivals from Apple and Fitbit, Xiaomi’s wearable offers sleep tracking, step counting, heart rate monitoring, and calorie counting, which are all reasonably accurate. As a gift for someone’s first fitness tracker, Xiaomi’s gadget is an easy recommendation. Garmin Fenix 8 At the total other end of the spectrum is Garmin’s latest effort, the $1850 Fenix 8, which is targeted at serious athletes (and wannabe athletes). Boasting some significant hardware upgrades from its predecessor – a new speaker and microphone let you take calls while you’re on run – the watch has had a user interface overhaul, including revamped icons, widgets and settings. Its battery lasts for weeks, not days, and when Garmin calls its device the “ultimate GPS smartwatch” it’s hard to disagree. Sound and audio From left: Apple AirPods 4 with ANC; Sonos Ace; Shokz OpenRun Pro 2; KZ EDX Pro. Sonos Ace When Sonos released its first portable headphones in the $700 Ace earlier this year, it also added a whole host of bugs and issues to its app, which have frustrated customers to no end. Thankfully, most of those problems are now resolved, and what we’re left with are some of the highest quality Bluetooth headphones that cost under $1000. Featuring superior noise cancellation, excellent sound quality and a TV audio swap feature for Sonos soundbar users, the Sonos Ace is an impressive piece of kit. Shokz OpenRun Pro 2 Bone conduction technology sounds rather threatening, but the concept is pretty simple: headphones that sit next to your ears, rather than in them. They wrap around the back of your head and are ideal for runners and swimmers, given they let you hear your surroundings including sirens and oncoming traffic. Perhaps the best of the bunch is the OpenRun Pro 2, from Shokz, which somehow manages to offer strong sound quality and 90 minutes of battery life with just a five-minute charge. You can find them for around $200. Apple AirPods 4 with ANC Even if you don’t like invasive silicon ear tips, or the idea of paying $400 for earbuds, Apple’s latest non-Pro AirPods give you a taste of noise-cancelling goodness. The $300 AirPods 4 with ANC have an open design, like the non-ANC version, but they do a pretty good job at blocking out most sounds. You can also turn on transparency mode to amplify ambient noise, or adaptive mode to hide droning background sound while letting speech through. They’re also all-round great earbuds, with a water resistant design, long battery life and support for Spatial Audio. KZ EDX Pro You can’t get much more wallet-friendly than the KZ EDX Pro in-ear monitors, which offer incredible bang for buck at less than $10 if bought through AliExpress or Temu, or about $27 through Amazon. For those who like their music bassy, these small but muscular in-ear headphones offer plenty of punchy punch, and pair great with an iPhone (just remember to also buy one of those 3.5mm adapters to be able to plug them in). Some prefer wired earbuds to Bluetooth, and these offer stunning sound at a puny price point. Tablets and e-readers From left; Kobo Clara Colour; Amazon Kindle; Apple iPad; Google Pixel Tablet. iPad The standard iPad (10th Gen) is a wonderful tablet from $600 and will be more than enough for most people. Its A14 chip (from the iPhone 12) is getting a bit long in the tooth but still delivers plenty of power. Stepping up to the iPad Mini ($800) or Air ($1000) will get you a nicer screen, more performance, Apple Intelligence and support for the fancier Apple Pencil. For a less expensive option you can find the 9th Gen iPad for less than $400, just be aware it has an old Lightning port (instead of USB-C) if you’re also picking up accessories. Pixel Tablet Google’s entry is the best all-round Android slab on the market. It won’t win against-high-end Samsungs in terms of spec, but it looks great and is filled with useful Google software thanks to the AI-forward G2 chip it shares with the Pixel 8 phones. You can also buy it in a bundle with a magnetic stand that charges it, gives its audio a bassy boost and allows it to act as a smart home display. The recommended price is $900 with the stand or $730 without, but you can currently find it pretty deeply discounted. Kindle If it’s been a while since your book-loving giftee has updated their Kindle, now is a great time. Amazon’s newest $200 entry-level model is quite small with a 6-inch screen, but it has the sharp 300dpi screen and built-in light that you used to have to pay extra for. One step above that, the $300 Paperwhite has adjustable colour lighting for late-night reading, a larger 7-inch screen and a waterproof body. Or there’s the $550 Kindle Scribe, which is much bigger (but not waterproof) and comes with a pen you can use to mark up books or keep your own digital notepads. Kobo If someone doesn’t have an e-reader at all or is open to changing brands, I tend to recommend Rakuten’s Kobo . While the Kindle is more or less locked to Amazon’s services, the Kobo has a comparable store and also works with ebooks from other retailers, digital files from the internet and many local libraries via the Overdrive service, meaning cheap or free access to books. The Clara has a 6-inch screen, adjustable colour light and is waterproof, available with a regular black and white screen for $240, or a new colour screen (which makes book covers and magazines pop) for $260. Consoles and video games From left: Xbox Series X; Nintendo Switch OLED; PlayStation 5 Digital Edition; Astro Bot. PlayStation 5 The standard PS5 goes for $800, though you also have the option of a digital version for $680 (meaning you can’t play games from discs) or a pro version for $1200 (more storage and better performance on 4K TVs). Most major games come out for PS5, including some key titles that are exclusive to the platform, making it very popular. For existing PS5 owners, the $330 PlayStation Portal could be a good upgrade; it’s a handheld device that streams games from the console so users can play away from the TV. It does require a very strong Wi-Fi network to work well though. Xbox The Series X is also $800, though you can once again save some money by dropping the disc drive (with the digital version going for $700). Most of the new games available on Xbox are also sold on other platforms, but it remains a very strong console with a lot of older games available as well, plus it’s the best place to play games from Microsoft’s Game Pass subscription service. Another option is the less-expensive Series S ($500 or $550 depending on storage size). It has no disc drive and isn’t powerful enough for 4K graphics, but it plays all the same games as its bigger sibling. Switch Nintendo’s console is old and due to be superseded next year, but anyone who doesn’t have one yet will still love it. The standard model can play on the TV or as a handheld and goes for $450, while the nicer OLED screen model is around $500. The cute Switch Lite is cheaper at $300 but does not connect to the TV. A good option to go with a Switch is a $100 Pro Controller (for TV compatible systems) or a nice case to keep it safe (from around $25). There are plenty of gift card options too, including for the Switch Online service that provides access to a library of classic games. Games Gift cards for digital stores are the best option, but if you prefer to go physical here are some guaranteed hits from 2024. On PS5, the best recent exclusive games are Astro Bot (G, $100) and Final Fantasy VII Rebirth (M, $70). On both PS5 and Xbox, some other great new games are Star Wars Outlaws (M, $100) and Dragon Age: The Veilguard (MA15+, $100). For new Switch exclusives, you can’t go past The Legend of Zelda: Echoes of Wisdom (PG, $80) or Super Mario Party Jamboree (G, $80). And on all platforms I’d also recommend P rince of Persia: The Lost Crown (M, $50) and Sonic X Shadow Generations (PG, $80) from this year. Get news and reviews on technology, gadgets and gaming in our Technology newsletter every Friday. Sign up here.
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SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors of the class action filed on behalf of all persons and entities that purchased or otherwise acquired Humacyte, Inc. (NASDAQ: HUMA) securities between May 10, 2024 and October 17, 2024. Humacyte and its consolidated subsidiaries develop and manufacture off-the-shelf, implantable, and bioengineered human tissues. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Humacyte, Inc (HUMA) Misled Investors Regarding its Manufacturing Practices According to the complaint, Humacyte is currently engaged in engineering and manufacturing Acellular Tissue Engineered Vessel (“ATEV”), also known as “Human Acellular Vessel,” which is a lab-grown blood vessel implant that can act as a replacement for an injured or damaged blood vessel. On August 9, 2024, Humacyte issued a press release announcing that the FDA “will require additional time to complete its review of its Biologic License Application (BLA) for the acellular tissue engineered vessel (ATEV) in the vascular trauma indication.” The press release disclosed in part, that, “[d]uring the course of the BLA review, the FDA has conducted inspections of our manufacturing facilities and clinical sites and has actively engaged with us in multiple discussions regarding our BLA filing[.]” On this news, the Company’s stock price declined $1.29, or 16.4%, to close at $6.62 per share on August 12, 2024. The complaint further alleges that on October 17, 2024, the FDA released a Form 483 concerning Humacyte’s Durham, North Carolina facility, which revealed violations, including “no microbial quality assurance,” “no microbial testing,” and inadequate “quality oversight.” On this news, the Company’s stock price declined $0.95, or 16.35%, to close at $4.86 per share on October 17, 2024. Plaintiff alleges that during the class period, defendants failed to disclose to investors: (1) that the Company’s Durham, North Carolina facility failed to comply with good manufacturing practices, including quality assurance and microbial testing; (2) that the FDA’s review of the BLA would be delayed while Humacyte remediated these deficiencies; and (3) that, as a result, there was a substantial risk to FDA approval of ATEV for vascular trauma. What Now: You may be eligible to participate in the class action against Humacyte, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 17, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP: Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Humacyte, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5aec8844-e33a-43a5-9df0-319cc31cc1d4
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