Ludwig & Robinson Prevails for PNC Bank in $5 Million Lawsuit in Montgomery County, Maryland

WASHINGTON, D.C. (PRWEB) May 22, 2015

Ludwig & Robinson, PLLC (L&R), a Washington, D.C. law firm, recently prevailed for client PNC Bank, N.A. (PNC) in a lawsuit filed in Rockville, Maryland arising out of a $ 9 million distressed real estate investment scheme. On May 15, 2015, the Circuit Court for Montgomery County closed the case, after the Maryland Court of Special Appeals affirmed summary judgment. Ivanhoe Investment Partners, LP, et al. v. PNC Bank, N.A., et al., No. 0037 (Sept. Term, 2014).

This action was the last of a series of suits filed in Maryland, Connecticut and New York arising from the latest financial fraud by Michael Howard Clott, who 25 years ago during the S&L crisis, as head of First American Mortgage Co. (FAMCO), pled guilty to “one of the largest [frauds] brought to prosecution in the federal system” in Maryland. E.F. Hutton Mortg. Corp. v. Equitable Bank, 678 F. Supp. 567, 570 (D. Md. 1988).

In this case, while facing separate charges in New York, Clott induced investors from Greenwich and Philadelphia in 2009 to invest $ 9 million in a purported “no-risk” deal, to buy and sell simultaneously portfolios of foreclosed properties from banks, as “show money” deposited in a Rockville title company’s accounts at PNC. The investors, after settling prior actions against the title company and others, belatedly brought suit in December 2012 against PNC for $ 5 million in remaining damages, asserting claims of knowing participation in breach of fiduciary duty, negligence, and breach of contract, among others.

On the eve of trial in February 2014, the Hon. Michael D. Mason, having already dismissed eight of ten counts against the bank, granted summary judgment dismissing the rest, finding the bank owed no duty to the investors, and had not acted with actual knowledge of any breach or in bad faith. Judge Mason further held the action barred as a matter of law, both by contributory negligence and the statute of limitations as not tolled by the discovery rule, issues commonly left to the jury.

“This was a hard-fought litigation, and we’re pleased that both the trial and appellate courts saw the case the way we did” said L&R’s Robert Ludwig. “The investor-plaintiffs were not customers but virtual strangers to the bank, all transactions were authorized, and by their own admissions they failed to conduct any due diligence to protect themselves and then ignored numerous red flags.”

On appeal, the Maryland Court of Special Appeals summarily affirmed in all respects. It adopted the opinions of the trial court as its own and issued an unreported opinion focused on the statute of limitations, agreeing that plaintiffs “were on inquiry notice that something was amiss more than three years prior to the filing of the action.” The appellate court rejected the testimony proffered by plaintiffs’ real estate investment expert on multiple grounds, noting it was “undisputed [plaintiffs] made no effort to look into the reputations or backgrounds of [their business associates] for, had [they] done so, [they] would have learned that [Clott’s alias] did not exist.”    

L&R’s team included partners Robert Ludwig and Salvatore Scanio, of counsel James Tompert, and associate W. Clifton Holmes.

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Ludwig & Robinson (http://www.ludwigrobinson.com) is a law firm based in Washington, D.C. with an office in Detroit, and affiliate in Germany. The firm has a national and international practice in banking, insurance, and litigation.







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Famous Celebrity News

Justin Beiber is apparently having a hard time with glass doors.Beiber tweets that he just walked into a glass door for the third time.It might be time for glasses for Mr. Beiber.Maybe the famous celebrity teen singer is part bird or something.Anyway, good luck Justin and check yourself before you wreck yourself.

 

President Obama, our famous celebrity president, is bumbling through England today.He raised a toast to the Queen of England just as the English national anthem began playing.The hapless Obama continued speaking through God Save the Queen and raised his glass, noticed no one was following his lead and sat down embarrassed at his faux pas.Obama has a funny habit of making a fool of himself with the English.His first act upon entering political office was to send back the bust of Winston Churchill to England.The next thing he did was to give the prime minister of England 25 DVDs as a gift.Someone apparently needs to let Obama know that American DVDs do not play in England’s players.I’m sure the prime minister of England didn’t have time to watch Toy Story 2 anyway.Obama then showed off his ping pong skills and faked an Irish accent while speaking in Ireland.

 

One of the famous Celebrities, Superstar Lady Gaga describes the inspiration for her songs in hernewsthis week.Apparently one can draw inspiration from just about anything.She tweets that she was dared to right a hit and in ten minutes cranked out YO? and I.Miss Gaga says that Hair was inspired by fights with her parents over her outrageous hair.

 

Celebrity super singer Britney Spears tweets today that she just finished working on her video “I Wanna Go”.Spears’ tickets for her SummerFest concert just went on sale!All you Britney Spears fans out in Milwaukee better jump on it fast or your gonna miss the famous Ms. Spears.

 

Ashton Kutcher is taking on Charlie Sheen’s former role on Two and a Half Men.The famous crazy Sheen cannot be too happy about this latest news.Kutcher should be perfect for the show.

 

Oprah Winfrey did her last show today.She says the show wasn’t about giving away cars and other stuff, just about saying thank you.Well a thank you is always better Oprah if it includes a car.She Oprah tweets for the latest on her farewell.I have a feeling that we will be seeing much more of the famous celebrities talk show host in the near future.Miss Winfrey certainly deserves all the accolades as she has had a truly remarkable career.

 

 

Find Famous Celebrities related information at http://www.famoustext.com/

Brian Lyle Promoted to President of Cambridge Security Seals


Pomona, New York (PRWEB) May 23, 2015

Cambridge Security Seals, a global quality leader in tamper-resistant and loss prevention seals, has promoted Brian Lyle to President, the company announced today. Lyle had previously been serving as CSS’s Vice President of Sales and Marketing since December of 2010, during which time the company grew by over 1000%.

“Brian is an incredibly customer-centric executive, with unparalleled knowledge and experience in the security seal business,” said Elisha Tropper, CEO of CSS. “His contributions and dedication to both CSS and seal customers around the world have raised industry performance standards, propelled our company to new heights, and charted an exciting course for CSS’s future.”

Lyle is a graduate of Providence College. Earlier in his career, he worked for both Stoffel Seals and Coda Resources as a Business Unit Manager.

Cambridge Security Seals is one of the fastest growing security seal companies in the world. CSS services an increasingly diverse customer base spanning a variety of industries, including airlines, freight, logistics, distribution, trucking, retail, cash handling, rail transportation, government, pharmaceutical, food and beverage, medical, and agriculture.

“Those of us who have worked side by side with Brian for many years have relied heavily on his expertise, industry knowledge, and passion for excellence,” said Tropper. “I am excited and pleased to welcome him into this new leadership role for which he is so perfectly suited.”

About Cambridge Security Seals

Cambridge Security Seals, a privately-held enterprise headquartered in New York, offers an extensive line of tamper evident, tamper resistant, and high-security loss prevention seals to customers across a wide range of industries. The company’s dedication to uncompromising quality, dedicated customer service, and outstanding value provides a blueprint for reliability and security.

Cambridge Security Seals’ commitment to technology, quality standards, environmental responsibility, and attention to detail fuels its drive to provide security-conscious customers with the products and services they demand from an industry leader.

The backbone of Cambridge Security Seals is a diversified team of technical experts and business professionals, including experienced engineering, design, production, and logistics specialists. This unique blend of management and production expertise enables the company to provide an unmatched level of value. For more information about Cambridge Security Seals, please visit http://www.cambridgeseals.com.

Contact:

Yesenia Baez

845-520-4111

ybaez(at)cambridgeseals(dot)com







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Kickstarter Project – Artisanal Pride: Bringing National Pride to the International Community


Buenos Aires, Argentina (PRWEB) May 22, 2015

Artisanal Pride will be launching its first Kickstarter Campaign with the goal to bring Artisans from around the world together and showcase their unique work, starting with Argentina!

Artisanal Pride’s mission is to connect local artisans with distant communities through a web portal where each country is represented and people from across the world can learn more about their culture, as well as purchase these artisans’ products. Artisanal Pride has teamed up with these Artisan’s to design their own project related rewards for their upcoming campaign. First in line to unveil their local artisanal products is Argentina with their traditional Mates, Gaucho (steak) knives, and Aguayos.

By pledging to Artisanal Pride’s Kickstarter Campaign, you are helping a country’s local artisans reach a whole new market, and simultaneously helping a country teach the international community about their culture and customs. Choosing to back this project gives you the power to decide the next country added to ArtisanalPride.com, and bring our unique world with exceptional cultures into the hands of everyone.

Visit their website at http://www.artisanalpride.com to learn more and sign up for their newsletter to receive updates as well as the launch date.







Sonasoft (SSFT) Reports First Quarter Results; Revenue Rose 127 Percent from Previous Quarter


San Jose, California (PRWEB) May 20, 2015

Sonasoft Corp. (OTCPK: SSFT), a leader in business continuity software solutions and professional services announced its financial results for its first quarter in fiscal year 2015 (Q1). Sonasoft Corp posted quarterly revenue of $ 282,064. Sonasoft’s revenue grew by 127 percent when compared to the $ 124,422 in revenue from the same quarter last year, Q1 2014.

“Sonasoft continues to be on track”, said Andy Khanna, President and CEO of Sonasoft. “On March 17, 2015, we announced that our projected topline Q1 revenue was to grow 60 percent from the prior year. After finalizing our numbers, Sonasoft exceeded that estimate and grew by 127 percent from the same quarter in 2014. The company’s professional services continued to fuel this growth. We have seen an increase for our Microsoft Exchange Server migration services and for our data export services of competing legacy archive solutions. Demand for our email archiving solutions also remains strong, and we recently announced new features and enhancements to our email archiving software.”

“On the operational side”, continued Andy Khanna, “Sonasoft is close to completing its two-year audit. As announced on March 6, 2015, Sonasoft plans to uplist to OTCQX of OTC Markets, after this audit is complete. Completion of this two-year audit will allow us to raise more capital to invest back into the company. Sonasoft recently expanded its sales force to include a specialist in the banking sector to increase our market share in this vertical. Similarly, Sonasoft has begun to implement an automated marketing solution to fuel its sales funnel with fresh leads. These initiatives will help sustain the financial momentum in the quarters ahead.”

To be informed of Sonasoft Corp’s (SSFT) finances on OTC Markets:

http://www.otcmarkets.com/stock/SSFT/quote

To obtain a no-cost professional evaluation and learn more about SonaVault Email Archiving and eDiscovery Software solutions:

http://www.sonasoft.com/products/sonavault-email-archiving-software/

About Sonasoft

Sonasoft Corporation is a publicly traded and listed on the OTC Markets with the trading symbol SSFT. Sonasoft’s core business model includes enterprise-class email archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms. Sonasoft’s signature products for eDiscovery tools, which include SonaVault Email Archiving and eDiscovery Software as well as SonaVault Email Archiving Appliances, deliver affordable enterprise-level functionality that exceeds compliance and ease-of-use requirements of small and medium-sized businesses, governments, school districts, organizations, and enterprises. Sonasoft recently expanded its product offering to include email archiving in the cloud as well as data export and migration services for competing archiving solutions. Sonasoft email archiving and eDiscovery solutions have hundreds of deployments with an exceptional degree of high customer satisfaction. Founded in 2003, the company is headquartered in San Jose, California.

For more information about Sonasoft’s email archiving solutions and business continuity software, contact:

Andy Khanna, President and CEO

Sonasoft Corporation

Phone: (408) 708-4000

Source: http://www.sonasoft.com

# # #

Forward-looking Statements

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.







Dickinson Wright Attorney Leslee Lewis Elected as a Fellow of the American College of Real Estate Lawyers

GRAND RAPIDS, Mich. (PRWEB) May 22, 2015

Dickinson Wright PLLC is pleased to announce that Leslee M. Lewis has been elected as a Fellow of the American College of Real Estate Lawyers (ACREL).

Leslee M. Lewis is a member of the firm’s Governing Board and previously served as the firm’s Practice Department Manager for the Real Estate, Environmental, and Energy & Sustainability practices. She is recognized as a leader in the field by Chambers USA, Best Lawyers in America and Super Lawyers, and is an elected member of the American Law Institute, where she is a Consulting Member on the Principles of the Law of Nonprofit Organizations.

Ms. Lewis has extensive experience as counsel to major national clients in multi-million dollar strategic real estate leasing, development, finance, construction, acquisition and disposition projects. She is a nationally recognized expert on green building and leasing projects and wind farms. Ms. Lewis is also counsel to top national and regional banks in large corporate and middle market loan originations and modifications, and in complex post-foreclosure/REO commercial property dispositions. She is real estate and contracts counsel to major health systems, senior living organizations and other significant foundations and nonprofits, and leads teams in handling cross-border REIT, lending and major real estate investment work.

She is a national speaker and author for the ABA, ALI-CLE, ICSC, USGBC, GVSU/Michigan Community Resources and the State Bar of Michigan. Ms. Lewis is on the National Editorial Board for ALI-CLE’s The Practical Real Estate Lawyer, is Past Co-Chairperson of the State Bar of Michigan’s Real Property Law Section Summer Conference, and is a member of the National Women Lawyers Association. She is also Chairman Emeritus of the Board of Directors of Lake Michigan Academy, a grades 1-12 school for students with learning disabilities, and a Board Member for Goodwill Industries of Greater Grand Rapids and the Zeeland Education Foundation. She received her B.A. from Alma College and her J.D. from Notre Dame Law School and practices in Dickinson Wright’s Grand Rapids office.

The American College of Real Estate Lawyers (ACREL) is the premier organization of U.S. real estate lawyers. Admission is by invitation only after a rigorous screening process. ACREL’s distinguished, nationally-known lawyers have been elected to fellowship for their outstanding legal ability, experience and high standards of professional and ethical conduct in the practice of real estate law.

About Dickinson Wright PLLC

Dickinson Wright PLLC is a general practice business law firm with more than 380 attorneys among more than 40 practice areas. Headquartered in Detroit and founded in 1878, the firm has thirteen offices, including six in Michigan (Detroit, Troy, Ann Arbor, Lansing, Grand Rapids, and Saginaw) and six other domestic offices in Columbus, Ohio; Lexington, Ky.; Nashville, Tenn.; Las Vegas, Nev.; Phoenix, Ariz.; and Washington, D.C. The firm’s Canada office is located in Toronto.

The firm offers clients a distinctive combination of superb client service and exceptional quality. Dickinson Wright lawyers are known for delivering commercially-oriented advice on sophisticated transactions and have a remarkable record of wins in high-stakes litigation. Dickinson Wright lawyers are regularly cited by Chambers, Best Lawyers, Super Lawyers and other leading independent law firm evaluating organizations.







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Scope of Accounting

Although several definitions of accounting have been given by several authorities and intelligent minds but I personally believe that accounting is a comprehensive process and it is not very easy to describe it in a line or two. Yet, I would like to quote the definition given by The American Accounting Association (AAA), which is by far the best. According to AAA, accounting is “the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of information.”

In the present scenario, millions of students pursue an educational qualification course in accounting. Some do it through classroom training and some do it through online training (such as pursuing online Sage Accounts Courses). They all wish to take plunge in to the corporate world after pursuing their course. However, there are millions who although are inclined towards accounting, yet don’t opt for it as they are unaware about its wide scope. Through this piece of article I would put forth some of the key points on the scope of accounting-

1. Scope in Public Sector: After Pursuing an accounting course, one can clinch a job in the public sector, very easily. Every year, thousands of vacancies open up in the public sector. These vacancies demand a person to perform various functions such as recording, classifying, interpreting, analyzing, summarizing etc. Those who wish to have a secure life generally wish to clinch a government job and hence pursuing an educational qualification can be of great use to them.

2. Scope in Private Sector: The finance department serves as the backbone for any business unit. Every year millions of vacancies open up in the private sector for acquiring talent to strengthen their backbone. The number of vacancies in the private sector is comparatively much more than the public sector and perhaps that is the reason why every year millions of students pursue accounts courses and take a plunge into the private sector.

3. Beneficial for Entrepreneurs: Those who neither wish to join the private sector nor the public sector and dream high of becoming a successful entrepreneur very well know why it is very important for them to have an in-depth knowledge of accounting. How high you may later go, no matter how efficient your finance department professionals might be; you will still have to look at the finance of your company by yourself.

It is very clear that pursuing an accountancy course is beneficial for everyone. Millions have already realized this, those are pursuing an accountancy course and running ahead and many others will realize it after reading this article, I believe. Now if you have sowed the smallest of seed in your mind for pursuing an accountancy course, let me tell you that you need not do that only through classroom training. You may also learn accounting through e-learning which is better than the traditional form in more than one way.  It is being embraced by students all over the world with a great vigor; a course called Sage line 50 certification was pursued by a record no. of above 1 million students all over the world, last year. Certainly there must be something good about e-learning format of education. I leave it up to you to chalk out how good it is for you.

Rosie Benson is a successful entrepreneur of a small sized business unit. She has been working on various bookkeeping projects and has hired many people with Sage line 50 qualification for the same. She also has a hobby of writing so she keeps on enlightening the pages with her personal experiences of business, Sage training, etc.

New ISO Certification Means More Options for Touch International Medical Customers


Austin, Texas (PRWEB) May 21, 2015

Leading custom touch screen and enhanced display manufacturer, Touch International, announced today that its Shenzhen, China manufacturing facility is now ISO 13485 certified, meaning the facility’s quality management system meets or exceeds ISO requirements for the production of safe and effective medical touch screen displays.

The ISO certification is good news for Touch International’s many medical device customers because it provides quality control, risk management, legal compliance, traceability and recall, process improvement, product improvement, and operational efficiency within the medical device supply chain.

“The ISO 13485 certification demonstrates our commitment to producing high-quality medical touch screens, displays, and other enhanced products for our medical device customers,” explains Michael Woolstrum, Touch International chief executive officer. “This strengthens our position in the medical market and builds on our reputation for strong American designs and forward-thinking engineering.”

Medical electronic devices, used in applications such as medical imaging, patient diagnosis, patient monitoring, and various system controls for patients and medical staff, have helped advanced healthcare services worldwide. In addition, the expansion of healthcare facilities and a booming demand for personalized healthcare services have provided an additional boost in demand for medical electronic devices. The United States remains the largest medical device market in the world with a market size of around $ 110 billion, and it is expected to reach $ 133 billion by 2016*.

Both of Touch International’s manufacturing facilities are also ISO 9001:2008 certified, demonstrating the organization’s commitment to continual improvement and meeting or exceeding customer satisfaction requirements. Additionally, Touch International’s Shenzhen facility is AS9100 Aerospace Certified.

About ISO

ISO (International Organization for Standardization) is an independent, non-governmental membership organization and the world’s largest developer of voluntary International Standards. ISO standards provide specifications for products, services and systems to ensure quality, safety and efficiency around the world.

About Touch International

Touch International, headquartered in Austin, Texas, was founded in 2002 by Michael Woolstrum and long-time veteran, Gary Barrett, the company’s CTO. TI has become a world leader in touchscreen, EMI filter, and enhanced display technology. The company operates its engineering and design facility and corporate headquarters in Austin, Texas as well as a high volume production facility is located in Shenzhen, China.

*http://www.themadeinamericamovement.com/reshoring/u-s-medical-device-industry







Designatronics, Inc. to Exhibit Mechanical Components and Customized Subassemblies at MedTech World MD&M East 2015


New Hyde Park (PRWEB) May 20, 2015

Designatronics, a leader in comprehensive mechanical solutions for critical motion control applications will be exhibiting at MedTech World MD&M East 2015, June 9-11, 2015 in New York, NY. Located in booth 2225, Designatronics will be showing a variety of custom parts, standard components and subassemblies used in medical devices and healthcare industries worldwide. Examples of precision gears and gear assemblies made by Sterling Instrument will be on display. Also represented will be Stock Drive Products, specializing in small to miniature drive systems, including 1, 2 and 3 mm pitch precision timing belts and pulleys, QTC METRIC GEARS, and Quality Bearings & Components.

Sterling Instrument will be introducing a new precision coupling series during the show. The new Miniature Fairloc® Bellows Couplings are zero backlash, easy to install and corrects for angular and parallel axis misalignment. Readily repositioned, the miniature couplings dampen vibration and noise making them a perfect choice for medical device manufacturers. Product spec. sheets will be available at the booth as well as samples for viewing.

Designatronics products are used in the commercial, industrial and medical industries. High-quality machined parts, molded components and custom gearing are built for applications including robotics, measuring devices, medical pumps and drives, medical and dental instruments, surgical devices, and pharmaceutical processing and packaging.

Designatronics provides complete mechatronic engineered solutions and services which include design, prototype, testing and manufacturing. Engineers and product experts will be available at the show to discuss attendee’s specific applications. Literature will be available at the booth providing an overview of the company and its capabilities. Visit http://www.designatronics.com to learn more about Designatronics, their full range of products and capabilities.

About Designatronics

Designatronics, Inc. manages its brands to develop comprehensive mechanical solutions for industrial and commercial markets, including aerospace and defense, satellites, automation, oil and gas, and medical. Integrated design, engineering and manufacturing are under one roof. Stock Drive Products offers both inch and metric off-the-shelf mechatronic components for the design engineer. Sterling Instrument makes high-quality precision gears and custom gear assemblies, prototype to large production runs. QTC METRIC GEARS supplies North America with metric gears. Quality Bearings & Components – the bearing marketplace, offers bearings and bearing maintenance equipment. For more information, visit http://www.designatronics.com.







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Marketing Tips

Marketing is crucial in this period. Therefore, there are many marketing job all around. But to build a successful career in marketing, you must follow some tips. Here are 10 tips to help you take control of your career in marketing.

THE PROCEDEURS:

Experience Collect: a marketing degree from the caries much weight. However, recruiters do not only meet the grade. Effective marketing involves a great deal of practical knowledge. Therefore, the more experience you have in this area the best for you. If you are a student, you can gain work experience by choosing to practice in various marketing companies. Some of them are paid internships that will give you some money. Otherwise, even the experience to collect a lot of value.
Choose a company with caution: the name of the company you work for has a key role. You should choose a society in which it is possible for learning and improvement.
Training is crucial: before going to work, training is available to you. Try to learn as much as possible during this period to avoid mistakes at work.
Communicate effectively: communication skills are very important when it comes to marketing. You must be well versed in the language that communicates in trials and those things are absolutely not allowed. You will not be able to impress the customer if you are weak in communication.
Know how to impress: how you behave with customers is very important. You must know how to impress clients. Be polite and courteous to your customers. Greet those you meet. Solve them properly with a warm smile. At the end of the conversation by saying “thank you for your patience,” etc.
Product selection is necessary to choose the products on the market unless you are comfortable with. If you are not happy with some products, it is very difficult for you to sell them. It is an endless variety of products. So do not be a problem. You can take something that you are comfortable leaving out something that embarrasses you. For example, some children might find embarrassing makeup products on the market.
Ask yourself if you believe in the product you are promoting will not be able to convince the customer until and unless you believe in itself a product. The key to success is through honest means.
Teamwork is essential and should therefore share the work and meet with the team that is working. Show your skill and your ability to perform the work at most. But do not underestimate anyone. Avoid any friction and to maintain cordial relations with everyone.
Communicate with your boss at meetings and conferences.
Be passionate about your profession and try to do their work without any pressure from their bosses or colleagues.

Yasir Samad is a head marketing and SEO consultant for Hilal Technology. Hilal Technology provides a wide range of SEO and website design services.