On December 11, 2015, Relmada Therapeutics, a clinical-stage company, announced that a court order had been issued against Laidlaw & Company, an investment brokerage company, by the U.S. District Court for the district of Nevada. The court order came on the heels of a lawsuit Relmada filed against Laidlaw and its principals, Matthew Eitner and James Ahern, for disseminating “false and misleading information” in the form of proxy materials.
Laidlaw’s spreading of false information was part of an effort to take effective control of Relmada, a move that Relmada CEO, Sergio Traversa, sees as harmful to the company and its stockholders, whose interests, he said, are different from those of Laidlaw’s. Traversa indicated that he would take necessary actions to protect Relmada and the interests of its stockholders. He also stated that the company needed to focus on the development of its products, such as Blu Tab, a drug for chronic pain relief. The court did not hesitate to take action in issuing the “restraining order with associated injunction to enjoin Laidlaw and its principals” from continuing to disseminate false and misleading information. The court also said that Laidlaw and its principals must also retract or correct the materials already disseminated.
Laidlaw & Company is an investment firm, offering investment banking and wealth management services in the United States and Europe. The firm has offices in the United States and in London. What recently happened should come as no surprise given that Laidlaw and its principals, Matthew Eitner and James Ahern, have a history of violating U.S. financial regulations and have had to pay penalties for such unacceptable behavior. Their actions have also caused customer dissatisfaction and complaints. It does seem that, at some point, someone would decide that enough is enough.
Apparently Laidlaw & company is not the most desirable place to work either. Many of its employees are unhappy. Morale seems very low.
Securus technology video visitation is used in prisons to allow inmates to video chat with family and friends. It can allow for prisoners to video chat with whoever they would like to visit with as long as the account holder is present. When they have these video chats they can be in the safety of their own home or at work or even at a concert such as in the video clip attached. Watch this video clip on Vimeo to see a father in jail get to watch his son perform a concert. In this video, you can see how much being able to see his son truly impacted him. Being able to watch his son play in the concert can brighten not only the father’s day but also the son’s. These moments have a huge impact on a kids life.
Have you ever been in the wrong place at the wrong time or witnessed someone get in trouble for something they didn’t do? It happens a lot more than people think it does. People get into trouble for a crime they didn’t commit happens all the time. Some people can do one wrong thing and it ruins their entire life, while others constantly commit crimes. Whether they intentionally did something wrong or not they ended up in prison and without their loved ones. Not knowing when they will get out to see their family and friends can be extremely hard on everyone. Securus technology can give these people a second chance to enjoy life and give them something to look forward to. Some people in prison suffer from a feeling of worthlessness and hopelessness. Being able to use video visitation, these inmates are given some sense of hope. They are given a feeling that there is light at the end of the tunnel. It could be the one thing that keeps them from shutting down, or giving up and even in some extreme cases from committing suicide. Being locked up can be a very depressing thing and being able to watch a simple concert can increase their happiness. Securus technology allows people to video chat and be present in the times that matter most in a person’s life.
Securus Video Visitation – Concert from Securus Technologies on Vimeo.