Archives: September 2016

IAP Worldwide Acquires Two Business Units From DRS Technologies

IAP Worldwide has an innovative growth strategy. In November 2015, the company purchased two units from DRS Technologies, Inc. The acquired businesses were the Tactical Communications & Network Solutions Business (TCNS), and Aviation and Logistics business (A&L), which have their headquarters in Aberdeen Proving Ground and Oklahoma City respectively. A&L unit engages in aircraft repair management, mission support services and logistics. TCNS offers communication technology solutions to different agencies, including the U.S. Department of Defense.

Doug Kitani, the CEO of IAP Worldwide Services, said that the acquisition would increase the services offered by the company besides expanding its target market. The new business units would be amalgamated into one unit known as the Aviation and Engineering Solutions. They will enhance the operations of the existing National Security Program unit. Doug posited that the acquired firm that offers communication, aviation and networking technologies services was the best fit for the company. This is because it will help them expand their services across the US and to other international agencies.

The new acquisitions compliment the core businesses of IAP Worldwide Services. They were strategically acquired based on the organic growth, which was to be executed through lean operations, customer discipline and innovations in the major government services sectors. Kitani asserted that the decision to purchase the two business units was supported by investors and the board. It also reinforces IAP’s culture of providing excellent services to its government clients.

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About IAP Worldwide
IAP Worldwide is the leading provider of seasoned program management services. The company merges its capabilities to offer innovative, safe, and reliable solutions to the US and different international agencies and organizations. The company’s headquarters are located in Cape Canaveral.

IAP Worldwide has learnt how to deal with emerging challenges. Its services and solutions are tailor made to address the unique needs of the clients. It is for this reason that experts test these solutions. The company takes up their clients’ problems, own them and focus on delivering excellent results that exceed clients’ expectations. IAP Worldwide Services works under a set of rules, principles and values that have seen them consistently deliver on their mission, thus earning customers’ trust. IAP’s team of professionals is highly disciplined. When serving the people, they are guided by the virtues of integrity and humility. They provide inspirational leadership and engage every stakeholder for mutual success. In addition, the experts offer services swiftly and in a responsible manner. Their flexibility allows them to adapt and embrace change.

Learn more about IAP Worldwide Services: http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=10062694

Gold in the United Kingdom

On June 23 the citizens of the United Kingdom voted to leave the European Union. This is a historic moment for the English nation with much festivities and celebratory events taking place to commemorate the occasion. There have been wild parties and many venues to commemorate what many Britain’s consider one of the greatest times in their nation.  One side of these coins feature a map of the continental Europe with an oversized image of the United Kingdom.

$1 and $20 coins also have the Union Jack colors within the United Kingdom. An ensignia reads “June 23, 2016 with a small arrow pointing to “Brexit.” On the other side is a portrait of Queen Elizabeth II. They were struck by B.H. Mayer’s Kunstprageanstalt in Munich using CIT’s smartminting technology. It is being issued by the Coin Invest Trust. These are only one part of “gold” emphasis instigated by Brexit. As expected, there has been some things that have been the investment market on edge right now.

Gold was the answer. In the face of this, investing in gold is being emphasized as the smartest way to go. From Brexit in June to less than one month away it rose in value by a whopping 25%. It is because of this new emphasis, that gold has suddenly become super valuable in England. This gold craze is understandable therefore spreading throughout the world. However, experts predict that this gold craze is going to plateau after the market gets over the shock of Brexit. Still, they believe we will be seeing it again during similar political times of crisis in other countries.

In any case, even if it does plateau, experts agree that it is going to plateau at a high level of value and stay that way. Although to a slightly lesser degree, the value of silver has also gone up. As with gold, post-Brexit silver was considered a safe haven asset.

Learn more: http://www.apmex.com/product/102379/2016-cook-islands-1-10-oz-gold-brexit-proof

Labaton Sucharow’s SEC Whistleblower Program Sees $17 Million Awarded to its Whistleblowing Client

Labaton Sucharow was the first law firm to establish the SEC Whistleblower program. SEC in full is Securities and Exchange Commission. It was announced that a client represented by Labaton received an award of over $17 million from the SEC for exposing significant wrongdoing in the financial services industry.

The SEC Whistleblowing program is almost six years old, and the $17 million received by Labaton’s client represents the second largest award received from the SEC program. The SEC program allows legitimate whistleblowers to get a sum of between 10-30% of the total monetary sanctions collected in an enforcement action.

The SEC protects its whistleblowers against retaliation and blacklisting by maintaining anonymity as well as not disclosing specific cases, which the whistleblowers provided information to avoid indirect revealing of identity.

SEC whistleblower advocate, Jordan A Thomas, claimed that his client morally obliged to blow the whistle unlike the others in the financial industry. He added that the SEC whistleblowing program protects the investors. Jordan, the SEC whistleblower lawyer, insisted that this was just the beginning and that the SEC will count on brave whistleblowers on most significant cases in the coming years.

Jordan, the SEC whistleblower legal representative, was also involved in the representation of an officer who received a whistleblowing award.

The unique protection and incentives offered by the program not only enables eligible whistleblowers to report violations of the federal securities laws anonymously but provides an opportunity to earn substantial monetary awards as well as employment protection. Investors are protected by a replenishing Investor Protection Fund (IPF) put in place by the Congress. The IPF currently has a balance of over $400 million.

About Labaton Sucharow’s SEC Whistleblower Program

Labaton Sucharow’s SEC Whistleblower Program was founded over 50 years ago and is focused exclusively on protecting and advocating for “whistleblowers” who are individuals who report violations of the securities laws. Whistleblowing on breaches of the federal securities laws leverages SEC’s expertise, resources, and experience to deliver excellent results to clients.

Labaton is ranked among the top plaintiff litigation firms and comprehensively represents institutional investors, consumers, and business in complex securities litigation. The whistleblower program consists of an excellent team of investigators, forensic accountants as well as financial analysts to provide representation to whistleblowers. For more information visit www.labaton.com

JustFab Riding E-Commerce Fashion Wave and Ready to go Public

Subscription-based shopping might look good on paper, but the idea doesn’t always translate well to the member who is expected to purchase something each month. Many of these online-start-ups sell everything from makeup to razors. Some of these brands survive, but most do not, except for JustFab.

According to an item in the LaTimes, the JustFab fashion brand is riding high and growing like wildfire. The light has turned green for the company in a major way, turning a profit for the first time in the first quarter of 2016. This year, JustFab is on point to rake in revenue of $650 million, up from $505 million last year.

Co-founders Adam Goldenberg and Don Ressler are well-known for being e-commerce branding experts. Again, they have struck gold, and JustFab is ready to go public with an IPO soon. The pair recently hired Todd Tappin as JustFab’s chief financial officer, and he’s a well-regarded IPO expert. Plans also include a corporate name change in the future.

According to Business Insider, JustFab sells women’s shoes, handbags, clothing and accessories at affordable prices with excellent quality. Everything is created and produced in JustFab’s big Los Angeles quarters with the brand’s own in-house design team. The brand is divided into five style concepts: Trendsetter, Femme Nouveau, Bombshell, Modern Classic and Girl Next Door.

Signing up as a Just Fab VIP member means great value every time. VIPs will save up to 30% off regular pricing and earn points towards free loyalty items. When a shopper first joins, they receive 20% off their first item and free shipping. There is a huge variety of new styles each month, and even celebrities love joining JustFab.