All Industries

United Nations IGF Dynamic Coalition Pilots a Decentralized Autonomous Organization (DAO)

PlatoData

New York, NY – December 20, 2023 - ( Plato AiStream via 500NewsWire) -- The United Nations Internet Governance Forum (IGF) Dynamic Coalition on Blockchain Assurance & Standardization announces the initiation of a groundbreaking project aimed at establishing a Distributed Autonomous Organization (DAO). The pilot project is a collaborative effort showcasing how public sector organizations can leverage blockchain technology and DAO principles to foster transparent, rules-based, and high-integrity governance structures. UN - IGF Dynamic Coalitions are multistakeholder groups operating within the framework of the UN Internet Governance Forum, addressing specific issues related to internet governance. These coalitions are independent entities within the UN-IGF and bring together diverse stakeholders to collaborate on focused topics, fostering dialogue and producing outputs such as reports and guidelines. A Distributed Autonomous Organization (DAO) is an organization governed by a set of rules encoded as smart contracts on a blockchain, operating on principles of decentralization and automation. In a DAO, decision-making and governance processes are encoded into smart contracts on a blockchain, enabling members to participate in the organization's activities without the need for traditional hierarchical structures. DAOs typically utilize digital tokens for voting and decision-making, and their rules are transparently and immutably recorded on the blockchain. This decentralized approach aims to create trust, transparency, and efficiency, allowing members to collectively manage resources, make decisions, and execute actions based on predefined rules without the need for centralized control. According to one of the groups co-leaders, Mr. Dino Cataldo Dell'Accio who also is the CIO of the United Nations Joint Staff Pension Fund, “This initiative signifies a pivotal step toward establishing innovative and secure governance models, ensuring that blockchain technology can be harnessed for the benefit of public sector organizations. The UN IGF DC-BAS remains committed to fostering collaboration, transparency, and the responsible adoption of emerging technologies.” The Dynamic Coalition is hosted by the Government Blockchain Association (GBA), a non-profit that helps the public and private sector connect, communicate, and collaborate. The GBA provides the infrastructure support for the organization. The Dynamic Coalition is also co-led by the GBA Executive Director, Gerard Dache and along with Mr. Dino Cataldo Dell'Accio, they lead a public, open forum multi-stakeholder coalition from around the world that meets on a monthly basis. The technology being used for this pilot project is donated by a GBA member, Gosh, an Ethereum Layer 2 solution that allows developers to run smart contracts on-chain for free. The pilot will also liaise with other GBA working groups, including: Application Architecture Digital Asset Management DAO Governance Legal & Legislative Anyone can join the group by requesting access to the UN IGF BAS-DC Google Group. For more information about the Dynamic Coalition, please visit https://intgovforum.org/en/content/dynamic-coalition-on-blockchain-assurance-and-standardization-dc-bas For media inquiries, please contact: Mr. Dino Cataldo Dell'Accio Chief Information Officer United Nations Joint Staff Pension Fund dellaccio@un.org Contact Details Government Blockchain Association Mr. Gerard Dache, Executive Director gerard.dache@GBAglobal.org

December 20, 2023 04:35 PM Eastern Standard Time

Image

Ark Invest Dumps $11.5M Worth Of Coinbase Shares, Revenue Sharing DeFi Platform Continues Attracting Investors To Profitable Presale

Pullix.io

Recently, Ark Invest has sold $11.5M worth of Coinbase shares. This move has sparked discussions in the crypto community. Meanwhile, Pullix (PLX), a revenue-sharing DeFi platform, continues to captivate investors' interest through its ongoing presale. According to some market analysts, this new ICO, now in Stage 2 of its presale, is pegged to become the next 100x token in 2024. Let's take a closer look at why. A Change in the Ark Invest Strategy Ark Invest's decision to dump its Coinbase shares signals a strategic shift. This action is significant; however, it doesn't necessarily mean a diminishing belief in the crypto space. Instead, it might hint at a reallocation strategy or diversified investment approach. On December 15, the Coinbase stock sat at $148.52, according to TradingView, down 2.24% from December 14. This is a 56% fall from its all-time high of $342.98 set during November 2021. Pullix (PLX): One Of The Best DeFi Projects Amid this, Pullix (PLX) remains a focal point in the DeFi market. This upcoming hybrid DeFi trading platform will merge the best centralized and decentralized exchange features. As a result, you will benefit significantly as a trader with high leverage at 1000:1, deep liquidity, and self-custody over your assets. Additionally, Pullix sets itself apart by allowing the trade of all asset classes (including cryptos). This will open up numerous financial markets, even the forex one. According to a 2019 Triennial Central Bank Survey, the forex market saw a daily volume of $6.6T in 2022. This aspect gives Pullix a competitive edge over platforms like Binance or Coinbase, which have a "crypto-only" policy. A Unique Revenue-Sharing System At the heart of this platform and all its features will lie the PLX native token. It is now worth just $0.042 as it is in Stage 2 of its presale. This crypto ICO event has caused a frenzy in the community as 4.7M tokens have already been sold, and $199,000 have been raised. One key reason is Pullix's revenue-sharing model, which allows investors to benefit from the platform's success. In other words, those who stake the PLX native token will receive a percentage of Pullix's daily revenue. Moreover, Pullix will implement a burn feature that will make the altcoin deflationary and scarce - potentially increasing its value. If you become a liquidity provider on Pullix, you may even stake other cryptocurrencies with Pullix to receive fixed interest rates over time. For example, you may deposit Bitcoin, and your fixed interest rate will be paid out in Bitcoin. The interest rate will vary from 8-18% depending on the lock-up period. For those who desire only to hold the PLX token, know that you will receive discounts of up to 60% on trading fees while also gaining exclusive access to specific asset classes. This way, every trader will benefit. Conclusion While Ark Invest's move signals a shift, it doesn't diminish the appeal of DeFi projects like Pullix. Since it has a low market cap of $8M, it would only need $8M for its current price (and returns to investors) to double. This is achievable considering the innovative features Pullix will introduce and the financial markets it will tap into. Because of this fact, plus its high demand with millions of tokens already sold, experts in the field foresee a 580% value rise for this altcoin before its presale ends. In Q1 of 2024, after its launch and exchange listing, it may even experience a 100x pump - making PLX one of the altcoins to watch. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Pullix is a new DeFi protocol that is launching a hybrid exchange that will seamlessly blend the strengths of centralized and decentralized exchanges into one unified platform. Serving as the pioneer of “Trade-to-Earn” our native token $PLX empowers the community to earn a portion of the daily revenues generated by the exchange. Digital currencies may be unregulated in your jurisdiction. The value of digital currencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Pullix.io PR Team contact@pullix.io Company Website https://pullix.io/

December 20, 2023 04:05 PM Eastern Standard Time

Image

Unbox Real Happiness in 2023: Don't Let Counterfeit Goods Ruin Your Holidays

YourUpdateTV

Click to view video accompanying this release: https://youtu.be/s_OVKDejEZY Counterfeit goods are a problem all year long, but demand for gifts, household goods, and even health products means that the holiday season is an especially busy time for crooks. Counterfeit products cost consumers and the global economy over $500 billion dollars a year. Ahead of this holiday shopping season, the U.S. Chamber of Commerce, businesses, and law enforcement are helping to raise awareness among consumers about the dangers of counterfeit goods and how to avoid falling for scams, and instead “unbox real happiness.” Families trying to save money AND create new holiday memories want the best deal possible. However, consumers must remain vigilant to ensure they receive authentic products. As the holiday shopping season kicks off, the U.S. Chamber of Commerce, U.S. Customs and Border Protection, and Amazon are helping to raise awareness among consumers about the dangers of counterfeit goods and how to avoid falling for scams and instead “unbox real happiness.” As families do their best to save money and create new holiday memories, they continue to shop online in record numbers looking for the best deals. However, with this convenience, consumers must remain vigilant to be sure they receive authentic products. For more information about what you can do you can do to can do to shop smart this holiday season, make sure to visit www.USChamber.com/shopsmart Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 20, 2023 04:01 PM Eastern Standard Time

Video

Indian Vibrant Crypto Community brings more color to NC BlockFiesta

Prodigy Press Wire

NC Global Media, a Dubai-based media and marketing agency announces the much-awaited return of NC BlockFiesta, lauded as India's Premiere Web3 conference. Scheduled for January 6th in Chennai, this event is poised to fuel innovation, foster connections, and nurture a vibrant hub for the Web3 community, propelling India's standing within the global blockchain arena. Building on the legacy of NC BlockFiesta 2023, renowned for cultivating impactful communications, supporting startups, and sparking pivotal connections, this year's iteration takes a giant leap forward. Amidst the ongoing discussions on crypto regulations and fast-growing web3 adoption, NC BlockFiesta 2024 beckons industry leaders to converge for transformative dialogues and collaborative initiatives. NC BlockFiesta'24: Your Gateway To Web3 World NC BlockFiesta 2024 presents an immersive journey through the realms of Web3, offering an in-depth exploration of decentralised finance (DeFi), crypto, decentralized apps (dApps), and the profound impact of Web3 on financial landscapes and cultural paradigms. Below unfolds the agenda guiding attendees through a captivating nine-hour odyssey at Hilton, Chennai. Panel Discussions Featuring Experts Engage in thought-provoking discussions guided by industry experts, dissecting the latest trends, challenges, and opportunities in the evolving blockchain and Web3 technologies world. Keynote Speeches By Trendsetters Gain valuable insights from influential figures as they unravel groundbreaking strategies, visions, and predictions shaping the future of Web3, inspiring innovation. Spotlight on Projects With Innovators Witness the unveiling of cutting-edge projects and innovations, showcasing the forefront of technological advancements within the blockchain ecosystem. Surprise Unveil Led by Visionaries Participate in exclusive launches and unveilings, revealing pivotal developments to significantly impact the Web3 landscape. Networking With Industry's Trendsetters Forge meaningful connections and collaborations with key stakeholders, investors, and visionaries, amplifying influence within the thriving Web3 community. NC BlockFiesta '24 transcends being merely an event; it's an opportunity to co-create the future of Web3, blockchain, and cryptocurrency. Attendees are encouraged to seize this unparalleled experience filled with growth opportunities and groundbreaking revelations. Register Here: https://lu.ma/NCBlockFiesta2024 About NC Global Media: Established in 2020, NC Global Media, a Dubai-based media and marketing company, has carved a unique niche in the blockchain industry. With over 100 collaborations with global blockchain pioneers, we stand at the forefront of launching a transformative blockchain education initiative for over 1 million Indian students through NC BlockFiesta. TheNewsCrypto, our online news portal, stands as the ultimate source for comprehensive blockchain news, reaching over half a million unique monthly visitors across 150+ countries, notably the US, Russia, Canada, India, and the UK. For media inquiries, interviews, or further information, please contact: info@thenewscrpto.com Lokeshk Kumar Chennai, India Disclaimer: The content of this press release is for informational purposes only. Neither the distribution co or or its partners are responsible for the accuracy, completeness, or reliability of any information in this press release. Any actions you take upon the information found in this press release are strictly at your own risk. Please consult with a financial professional for any financial decisions. Release ID: 845541

December 20, 2023 04:00 PM Eastern Standard Time

Image

Angi 2023 Home Improvement Trends According to Angi

YourUpdateTV

As we head towards the end of the year, it’s the perfect time to reflect on the year that was and start to plan for the year ahead. Recently, Angie Hicks from Angi (formerly Angie’s List) participated in a nationwide satellite media tour to discuss the top improvement trends from 2023 and a sneak preview at what to expect next year from Angi’s annual State of Home Spending report. A video accompanying this announcement is available at: https://youtu.be/kDalzLjKHms Overall, homeowners increased spending on their home in 2023 and spending on home improvement grew 6% to $13,667 with homeowners completing an average of 11.1 projects per household in 2023. Homeowners continue to show us that they love their homes and want to maintain them and invest in them. This year, homeowners took on a lot of projects to make their homes suit their needs and fit their lifestyles. Homeowners’ top projects run the gamut from the important work of making sure that your home is well maintained to projects that make your space fit your lifestyle like bathroom remodels and interior painting. Looking forward, we expect homeowners to continue prioritizing their homes and investing in improvement and maintenance projects. As we start thinking about our resolutions for 2024, make sure to include your home in your plans. A little planning and budgeting now can save you time and stress in the new year. It’s always great to start with a list of things that you really want to do around your home and the things that you need to do to make sure your home is properly maintained. For example, remodeling a bathroom might be high up on your list of projects for 2024, but you know that your HVAC system could also use some maintenance. If you’re not sure what maintenance you need to tackle on your home, Angi has some great resources for regular maintenance that you should be up to date on each year. In order to stick to your budget, keep up with regular maintenance. This will help to prevent unexpected emergency spending that will blow your whole budget - also planning for emergency spending that might inevitably pop up due to weather events, etc. will also help prevent you from having to borrow from your improvement fund for the projects you really want to tackle. For more information, visit Angi.com About Angie Hicks Since 1995, Angie Hicks has been dedicated to helping consumers get the real scoop on local service companies and health providers. Inspired by the frustrations her co-founder had trying to find reliable contractors in suburban Columbus, Ohio, she started Angie's List 'now Angi' to help homeowners find who they should hire and who they should avoid. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 20, 2023 03:52 PM Eastern Standard Time

Video

Top Cryptos 'Diamond Hands' Are Hodling: Bitcoin (BTC), Everlodge (ELDG), Dogecoin (DOGE)

Everlodge

As the recent crypto bull run comes to an end investors are wondering which tokens they should hold and which they should sell. According to crypto experts, Bitcoin, Everlodge and Dogecoin are being held long term, with many analysts predicting long term gains over the next year. Will Bitcoin Hit A New ATH In 2024? Bitcoin recently pioneered a crypto bull run. After hitting its highest value in 2023, the crypto market followed, with some projects recording price increases of over 100%. Now, investors are asking what’s next for Bitcoin after it decreased by 4% in the last week. In the short term, some experts predict that Bitcoin could fall below $40,000. This setback could trigger a bear market, though Bitcoin is expected to bounce back in Q1. This recovery is expected to be fueled by a recent announcement by the U.S. Government. The development impacts accounting rules, and will make Bitcoin more accessible for U.S. companies. According to Cory Klippsten, the CEO of Swan Bitcoin, this development could trigger another DeFi bull run, during which Bitcoin could hit a new all-time high. Dogecoin Set To Surge After Elon Announcement Dogecoin is expected to surge in Q1 after Elon Musk announced a new satellite named after the project. Doge-1 is a satellite showcasing the Dogecoin logo. Upon launch, Dogecoin is expected to rise dramatically, with some experts suggesting that it could double in value. Additionally, the launch of Doge-1 will also trigger a surge in Dogecoin activity on social media. Social media hype has historically triggered surges in Dogecoins value, which has many experts excited about Dogecoins performance in Q1. At the time of writing, Dogecoin was trading at $0.09466 and had decreased in value by 4% over the last week. Diamond Hands Buy Everlodge For Long Term Returns Everlodge is becoming extremely popular among investors after the first few stages of its presale quickly sold out. The innovative new project has been praised for its unique new DeFi application, and some experts believe its value will increase 35x when the project launches on major exchanges. Everlodge is a new DeFi ecosystem with a focus on the travel property market. Its star feature is a new marketplace where investors can buy equity in travel properties. To do this, they will buy fractionalized NFTs that represent equity in the property. After buying, they will generate an income based on the proportion of the property they own. For example, if an investor owns 15% of a property, they will earn 15% of its revenue. Everlodge will also introduce a new launchpad for property developers, where investors can get involved early to maximize their returns. This unique new concept is the first of its kind, and is expected to disrupt the travel property market, which is currently surrounded by red tape. To get involved in the Everlodge presale, investors can buy ELDG tokens. Tokens are currently available for $0.027 and offer a number of lucrative holder benefits. One benefit that stands out is free stays at properties throughout the Everlodge ecosystem. These stays offer the chance to earn a free holiday, or additional income if the investor chooses to sell their stay. Visit Everlodge Everlodge provides you with a seamless approach to fractional investing in vacation rentals, eliminating the complexities associated with traditional real estate investment. Our innovative platform revolutionizes the way people invest in second homes. Digital currencies may be unregulated in your jurisdiction. The value of digital currencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Everlodge.io Brett admin@everlodge.io Company Website https://everlodge.io/

December 20, 2023 03:41 PM Eastern Standard Time

Image

Pandoshi Raises $750,000 In Just Two Weeks of Public Sale

Pandoshi

In the ever-evolving cryptocurrency market, a newcomer named Pandoshi is quickly becoming known for its unique methods and rapid success in previous fund raising rounds. Gaining fast recognition within the cryptocurrency community, Pandoshi has already attracted significant investment, demonstrating the confidence that the community has in its future. This venture is notable for its distinctive features and its ambitious goal to revolutionize the decentralized finance (DeFi) space. Presently, Pandoshi is progressing through the third stage of its presale and is gearing up to enter the fourth stage. The next stage will bring an increase in the token’s price, marking a crucial milestone for both the project and its investors. At first sight, Pandoshi might be misconceived as a meme coin, but it’s far from it. In fact, it represents a fully autonomous and decentralized ecosystem. The whitepaper of the project exhibits a high degree of professionalism and technical expertise. Fundamentally, the project is committed to principles of decentralization, financial privacy, and empowering the community to have influence over the project’s direction. Pandoshi distinguishes itself with a diverse ecosystem and a strong focus on decentralization, privacy in finance, and governance driven by its community. Here are the key aspects that make it unique: Layer-2 Network: A Layer-2 network that utilizes a Proof of Stake protocol, offering a more environmentally friendly solution compared to the traditional Proof of Work method. Decentralized Exchange and Wallet: Through its decentralized exchange and non-custodial wallet, Pandoshi ensures security and autonomy for users. Transparency and Commitment: Pandoshi’s commitment to transparency, its well-defined roadmap, and ongoing development work have built trust among prospective investors. Metaverse Integration: By incorporating metaverse games, Pandoshi steps into the world of virtual reality and crypto games. Cryptocurrency Prepaid Cards: These cards will function seamlessly without requiring Know Your Customer (KYC) protocols. At the heart of Pandoshi’s ecosystem lies PAMBO, its native token. Initially released on the Ethereum blockchain, PAMBO is a deflationary token designed to increase in value through scarcity. It also incorporates a buy-and-burn mechanism which is often a feature sought out by potential holders. The path ahead for Pandoshi is just beginning. With its diverse approach and innovative features, the project is set to create substantial ripples in the industry. Its future plans include expanding its presence on social media and enriching its ecosystem further. Pandoshi revealed an exciting development on their Twitter feed: Pandoshi is ahead of their planned timeline and is preparing for the beta launch of the Pandoshi Wallet. This significant event is taking place amidst their ongoing presale phase, signifying a major achievement for the project and potentially driving more investors to participate in their public presale. The soon-to-be-released beta version of the wallet will initially be compatible with all Ethereum Virtual Machine (EVM) chains. Plans are in motion to widen its capabilities to support non-EVM chains in upcoming updates. The wallet application, designed for user convenience, will be accessible on both Android and iOS devices, offering extensive reach. Despite challenging competition, Pandoshi’s dedication to practical, user-focused blockchain solutions positions it as a potential game-changer in the crypto sector. About Pandoshi Pandoshi represents a blockchain project inspired by Satoshi Nakamoto’s vision, dedicated to decentralization, privacy, and financial freedom. Operating as a community-driven initiative, this endeavor places power firmly in the hands of its community members. The mission of Pandoshi is to establish a robust ecosystem of decentralized products, which includes the Network, DEX, Wallet, and other essential components vital to the DeFi landscape. Pandoshi also explores innovative domains such as decentralized Metaverses and educational platforms to enrich the DeFi experience. Passionate community support underscores the core values of financial privacy and autonomy upheld by Pandoshi. The project ensures that users’ needs and interests are paramount in every product created, delivering economic benefits directly to users without intermediary involvement. Pandoshi stands as a testament to decentralized finance, privacy, and user empowerment, rather than a fleeting meme coin or an experimental project. The commitment to these principles fuels relentless efforts and underscores the project’s significance. Website: https://pandoshi.com/ Whitepaper: https://docs.pandoshi.com/ Disclaimer: Pandoshi is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Contact Details Andrew Fitzer pixelpulseads@gmail.com

December 20, 2023 03:23 PM Eastern Standard Time

Image

LevLane Continues PRSA Pepperpot Award Winning Streak

LevLane

LevLane Advertising, one of Philadelphia’s longest-standing full-service independent advertising, media, digital and public relations agencies, received a Ladle award from the Public Relations Society of America’s (PRSA) Philadelphia Chapter at their 2023 Pepperpot Awards ceremony. The PRSA Pepperpot Awards honor Philadelphia-area PR agencies and marketing professionals for exceptional campaigns and tactics. Each year, projects are submitted to be judged by an independent review panel, and the best campaigns are awarded with either a Pepperpot award for first place or a Ladle award for second place. LevLane was awarded the second place Ladle award in the following category: Influencer Programs: Awarded for the work done by LevLane on behalf of Auto Lenders for the influencer marketing campaign "A Relatable Journey Through the Auto Lenders Car-Buying Experience"." “Influencer programs have become an incredibly important part of the digital marketing and advertising space, and we are thrilled to be able to connect with our client’s audience in a way that authentically reflects a buyer’s experience with Auto Lenders,” said Liz Weir, LevLane’s chief marketing officer. “Our Social Media Director, Kiersten Aldridge, led this effort from start to finish and it was a huge success. Within the first week of its posting on Instagram, the campaign earned 12,000 views, reached over 11,000 accounts and generated 76 website sessions from consumers looking to learn more about Auto Lenders.” “We recognize that the car-buying experience is sometimes a stressful and difficult one for consumers and are proud to share how that process can be simplified and maybe even enjoyable,” said Brad Wimmer, president of Auto Lenders. “Using social media and influencer marketing is a great way for us to reach consumers in a more informal manner and with much less pressure than more traditional marketing tactics.” The project team was led by Kiersten Aldridge, social media director (LevLane), with assistance from George Farracchio, vice president (Auto Lenders) and oversight from Weir and Wimmer. LevLane Advertising is a full-service independent advertising agency headquartered in Philadelphia and has been building brands people love for nearly 40 years. The award-winning agency integrates traditional creative expertise with cutting-edge digital capabilities in its menu of services, including search engine optimization (SEO), search engine marketing (SEM), programmatic media, strategy, creative and branding, media and analytics, social media, content marketing, and public relations. For more information about LevLane and its capabilities, connect with us on LinkedIn, Instagram and Facebook. Contact Details LevLane Advertising Lauren Stralo +1 484-747-0172 lstralo@levlane.com Company Website https://www.levlane.com

December 20, 2023 02:40 PM Eastern Standard Time

NLPC Files SEC Complaint Against Warren Buffett and Berkshire Hathaway for Having Shareholder Arrested During Annual Meeting For Mentioning Jeffrey Epstein

NLPC

National Legal and Policy Center (NLPC) filed a Complaint with the Securities and Exchange Commission (SEC) today against Warren Buffett and Berkshire Hathaway for silencing and ordering the arrest of the group’s chairman, Peter Flaherty, at the company’s shareholders’ meeting on May 6, 2023 At the meeting, Flaherty spoke in favor of NLPC’s shareholder proposal for an independent chairman. Buffett is currently both Chairman and CEO. Flaherty cited the reputational risk to the company posed by Warren Buffett’s close identification with Bill Gates and the Bill & Melinda Gates Foundation and its “woke” policies to which Buffett has contributed tens of billions. Flaherty pointed to Gates' association with Jeffrey Epstein, even after Epstein had been convicted of sex crimes against minors. From the Complaint: We hereby request that the Securities and Exchange Commission (SEC) initiate a formal investigation, including the issuance of subpoenas, and take appropriate administrative and civil enforcement action against Berkshire Hathaway Inc. (Berkshire), Warren Buffett, its Chairman and CEO, and other Berkshire officers and agents, for their unlawful conduct during the annual shareholders’ meeting in Omaha, Nebraska on May 6, 2023. During his authorized and SEC-mandated presentation in support of Proposal No. 8 for an independent chair, Peter Flaherty, Chairman of the National Legal and Policy Center (NLPC), was interrupted by a Berkshire executive, had his microphone cut, and was arrested for trespassing because Warren Buffett, its CEO and Chairman, did not like what Mr. Flaherty had to say in support of NLPC’s proposal. In addition to imposing appropriate sanctions, the SEC should issue a cease and desist order against Berkshire from prematurely terminating NLPC’s and any other shareholder’s presentation at future annual shareholder meetings Events since the arrest have confirmed the importance of the issue. Last weekend, the Wall Street Journal published a lengthy story with new details about Epstein’s interactions with Gates and other wealthy individuals. On Monday, a federal judge ensured that the issue will stay alive in the new year when she ordered that the names of Epstein associates be made public. From the Complaint: NLPC further requests that the following enforcement and remedial actions be taken to ensure that NLPC’s rights as shareholders in the Company are protected and to remediate the violation of the rights of all other shareholders that took place by depriving them of the right to hear Mr. Flaherty’s statement supporting the proposal on May 6, 2023: Declare that Berkshire’s actions cutting off the mic of Mr. Flaherty before his allotted three-minutes to speak expired, having him expelled from the annual meeting, and subsequently arrested, constitute a violation of SEC’s rules and policies designed to protect shareholder rights. Order Berkshire to issue an apology on its website to NLPC and Mr. Flaherty for cutting his mic and having him arrested. Order Berkshire to post a video of Mr. Flaherty’s full uninterrupted three-minute prepared remarks on Berkshire’s website for at least three years, along with a written transcript. Issue a Cease and Desist Order that Berkshire shall refrain from prematurely terminating the oral presentation of Mr. Flaherty and any other proponent for an authorized shareholder proxy proposal or interrupting, harassing, or having them expelled from the meeting or arrested at future meetings as long as their presentation is in within the allotted time given by the company. Any and all other relief that the Commission deems just and appropriate. Click here for the Complaint. Click here for Complaint Exhibits. The Complaint includes links to three videos that together provide a complete account of what took place. What Flaherty said before his mic was cut: https://www.youtube.com/watch?v=egy8kpUaOIY Security moves in on Flaherty: https://www.youtube.com/watch?v=RQOx7FAAGbU&t=0s The arrest: https://www.youtube.com/watch?v=ErHXIrDNz14 NLPC Counsel Paul Kamenar, who submitted the Complaint, concludes: "Berkshire’s and Mr. Buffett’s actions are an ominous precedent for the rights of shareholders that cannot be allowed to stand. We believe that the silencing and arrest of a shareholder during their presentation on behalf of their proposal at the annual meeting of a public company in the United States is unprecedented, should be sanctioned, and should not allowed to be repeated." NLPC has already filed a proposal on the risks of Berkshire’s business in China for the 2024 annual meeting. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

December 20, 2023 02:00 PM Eastern Standard Time

1 ... 535 536 537 538 539 ... 3765

Back