Category: Regulations & Security

These stories, posts and articles include legal hearings, criminal procedures, governmental approvals, societal norms, and other universal orders…

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Business Lifestyle Regulations & Security Science

Semperis adds community tool for cyber defenders to its arsenal, focused on defining a privileged perimeter around Tier 0 assets

Semperis’ Forest Druid ushers in the next generation of attack path management—and it’s not about attack paths

 

HOBOKEN, N.J. — (BUSINESS WIRE) — Semperis, a pioneer of identity-driven cyber resilience for enterprises, announced on Thursday the availability of Forest Druid, a first-of-its-kind Tier 0 attack path discovery tool for Active Directory environments.

 

Forest Druid takes an inside-out approach to attack path management, which saves time and resources by prioritizing the most sensitive assets first. Forest Druid discovers vulnerable Tier 0 assets—that otherwise go unseen and unprotected—and allows for speedy remediation. Forest Druid is the latest of several free tools released by Semperis, the most popular to date being Purple Knight, a hybrid Active Directory cybersecurity assessment tool used by more than 10,000 enterprises.


“Defenders know you can’t protect what you can’t see,” said Semperis CEO Mickey Bresman. “Semperis’ incident response support is in high demand, so we see firsthand the alarming pattern of attacks exploiting unknown and unsecured Tier 0 assets in Active Directory. Forest Druid visualizes Tier 0 assets in Active Directory and shines a spotlight on all the lingering ownership relationships to these entities, helping to dramatically reduce unnecessary privileges, which are responsible for most of the attack paths leading to your most sensitive assets. The Tier 0 discovery capabilities in Forest Druid, combined with Purple Knight’s comprehensive assessment of indicators of exposure and compromise, form an extremely powerful resource for defenders.”

 

In a typical organization’s Active Directory, there are countless attack paths an adversary can take to arrive at domain dominance. The problem is clear—excessive privileges. However, sifting through every group and user relationship is an impossible task for defenders. Instead of focusing on the most common attack paths, Forest Druid enables organizations to define a privileged perimeter and cut down on risky relationships at the source—the Tier 0 assets and surrounding entities attackers can exploit to gain more permissions.

 

“Traditional attack path tools, which analyze the most common paths to domain dominance from the outside-in, work well for attackers but aren’t as practical for defenders,” said Semperis Senior Director of Security Products, Ran Harel. “Forest Druid’s ability to defend from the inside-out, starting with defining the privileged perimeter, is optimal for defenders. After all, the most common attack paths aren’t always the most dangerous ones. It’s all about effectively securing Tier 0 critical assets, and the attack paths are secondary.”

 

Forest Druid is initially being distributed through an approved network of partners, who have all rigorously tested the tool and can help organizations understand the implications of their unique results. Organizations who prefer not to work with a partner can submit an early access request form and the Semperis team will be in touch.

 

For more information about Forest Druid’s Tier 0 attack path discovery capabilities, check out the resources below.

If you have any questions, feel free to reach out to pk-community@semperis.com.

 

About Semperis

For security teams charged with defending hybrid and multi-cloud environments, Semperis ensures the integrity and availability of critical enterprise directory services at every step in the cyber kill chain and cuts recovery time by 90%. Purpose-built for securing hybrid Active Directory environments, Semperis’ patented technology protects over 50 million identities from cyberattacks, data breaches, and operational errors. The world’s leading organizations trust Semperis to spot directory vulnerabilities, intercept cyberattacks in progress, and quickly recover from ransomware and other data integrity emergencies. Semperis is headquartered in Hoboken, New Jersey, and operates internationally, with its research and development team distributed throughout the United States, Canada, and Israel.

 

Semperis hosts the award-winning Hybrid Identity Protection conference and podcast series (www.hipconf.com) and built the free hybrid Active Directory security assessment tool, Purple Knight (www.purple-knight.com). The company has received the highest level of industry accolades, recently named to Inc. Magazine’s list of best workplaces for 2022 and ranked the fastest-growing cybersecurity company in America by the Financial Times. Semperis is a Microsoft Enterprise Cloud Alliance and Co-Sell partner.

 

Twitter https://twitter.com/SemperisTech
LinkedIn https://www.linkedin.com/company/semperis
Facebook https://www.facebook.com/SemperisTech
YouTube https://www.youtube.com/channel/UCycrWXhxOTaUQ0sidlyN9SA

Contacts

PR
Ashley Crutchfield

fama PR for Semperis

semperis@famapr.com
617-986-5025

Categories
Local News Politics Regulations & Security

Mercer County Clerk Sollami Covello announces law changes for poll workers

TRENTON, N.J. – Earlier this year, Gov. Phil Murphy signed into law a bill that increases the compensation of election workers from $200 per day to $300 per day because election workers play a critical role in ensuring that New Jersey residents can exercise their right to vote.

 

In July, the governor signed legislation amending an existing law to allow minors between the ages of 16 and 18 to work a full day at the polls on election days. The upcoming general election is set for Nov. 8, 2022.

 

“With the ever-increasing use of technology in elections, the pay increase and the increase of younger workers will allow additional qualified workers to assist us in the election process and we will all benefit from this assistance,” said Mercer County Clerk Paula Sollami Covello.

 

To work at the polls, applicants must be registered to vote in Mercer County and may not be a candidate in the current election.

 

Full-day and half-day positions are available for working at the polls. However, anyone wishing to be a poll worker, who meets the criteria, should fill out an online application and attend a mandatory training session with the Mercer County Board of Elections.

 

Additionally, poll workers are needed to work at the Early Voting locations before Election Day from Oct. 29 to Nov. 6. Early Voting hours will be Monday-Saturday, 10 a.m. to 8 p.m., and Sunday, 10 a.m. to 6 p.m.

 

To apply, please contact the Mercer County Board of Elections at 609-989-6522 or by email at  BoardofElections@mercercounty.org. Applications can be found here: https://www.mercercounty.org/boards-commissions/board-of-elections/board-worker-application. To reach the Mercer County Clerk’s Office, please call 609-989-6465.

 

To register to vote or to apply for a vote-by-mail application, you may visit the Mercer County Clerk’s website at County Clerk | Mercer County, NJ or the State Division of Elections website (for information in additional languages) at vote.nj.gov. 

Categories
Business Environment Lifestyle News Now! Regulations & Security Technology

IEEE publishes 2023 National Electrical Safety Code® (NESC®)

Latest Edition of the NESC Will Go into Effect in February 2023 to Help Deliver a Safer and More Sustainable Electric Power Supply

 

PISCATAWAY, N.J. — (BUSINESS WIRE) — #IEEESA–IEEE, the world’s largest technical professional organization dedicated to advancing technology for humanity, and the IEEE Standards Association (IEEE SA) today announced the release of the 2023 National Electrical Safety Code® (NESC®).

 

Published by IEEE SA and typically updated every five years to stay current with changes in the industry and technology, the NESC specifies best practices for the safety of electric supply and communication utility systems at both public and private utilities. The NESC sets the ground rules and guidelines for practical safeguarding of workers and the public during the installation, operation, or maintenance of power, telephone, cable TV, and railroad signal systems.


Just as it has done for more than a century, the NESC is continuously evolving and being refined to embrace new technologies for a more sustainable future. The potential impacts of recent and emerging technologies are reflected in the new Code.

 

Notable changes to the 2023 NESC include:

  • Significant revisions were made in Section 14 covering batteries, addressing new battery technologies, energy storage, and backup power.
  • A new Section 19 for photovoltaic generating stations addresses general codes, location, grounding configurations, vegetation management, DC overcurrent protection, and DC conductors. These new rules accommodate large-scale solar power projects.
  • All stand-alone tables for metric measurements have been removed from the main code body and moved to Annex 1. For tables that include both English and metric values, the revised Code presents numerical values in the customary “inch-foot-pound” system first and the corresponding metric values following in parentheses to help prevent misreading errors.
  • In the Clearances section, as well as in the specification of the Grade of Construction, the Code further clarifies the use of non-hazardous fiber optic cables.

 

“The 2023 NESC includes updates throughout, many of which address emerging technologies such as solar and wind energy, distributed energy/microgrids, batteries and energy storage, and wireless small cell networks,” said Nelson Bingel, chair of the NESC Committee. “We’re grateful to the many participants who contributed to the 2023 edition, and we welcome new contributors to join our NESC team.”

 

Like previous versions, the 2023 edition will be available in digital, printed, e-learning, and mobile-app formats. This edition consists of initial sections covering scope, purpose, and grounding methods, followed by sections that include specific rules for electric supply stations, overhead lines, underground lines, and safety-related work practices.

 

A companion document, the 2023 NESC Handbook, is available with the Code. The Handbook includes all of the rules of the Code but also provides insights and commentary on the rules and how to apply them from the experts who helped develop the Code, including historical notes to provide context for Code revisions and additions.

 

Information on updates to the code can be found on the NESC homepage. The 2023 NESC and handbook are available for purchase at the IEEE Standards store and available for subscription at the IEEE Xplore® Digital Library.

 

About IEEE SA

IEEE Standards Association (IEEE SA) is a collaborative organization where innovators raise the world’s standards for technology. IEEE SA provides a globally open, consensus-building environment and platform that empowers people to work together in the development of leading-edge, market-relevant technology standards, and industry solutions shaping a better, safer and sustainable world. Learn more about IEEE SA.

 

About IEEE

IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice in a wide variety of areas ranging from aerospace systems, computers, and telecommunications to biomedical engineering, electric power, and consumer electronics. Learn more about IEEE.

 

Contacts

Media
Tania Olabi-Colon, Brand Marketing & Communications Director

Olivia Wang, Marketing & Communications Manager

standards-pr@ieee.org

Categories
Business Culture Regulations & Security

Only 12% of U.S. jobs posted online disclose salary, but 98% of job seekers say it’s important to know the salary before applying, according to New Talent.com survey

In advance of the Pay Transparency Law that takes effect in November 2022, Talent.com, the world’s fastest-growing job search platform, conducted a survey that revealed a massive gap between companies disclosing salary in job postings and the candidates’ application habits. Findings show why employers aren’t attracting top talent and the reasons many job seekers are missing out on their dream jobs. Full report here.


MONTREAL — (BUSINESS WIRE) — Talent.com Inc. conducted a survey of 2,000 currently employed or job seeking residents of New York, New Jersey or Pennsylvania in May and June with the goal of evaluating the importance of salary disclosure in job postings online to respondents when seeking a new position. The survey was inspired by the Salary Transparency in Job Advertisements Law that will start November 1, 2022 in New York City. All employers with four or more employees or one or more domestic workers are covered by this new provision of the law stating they must include a good faith salary range for every job, promotion, and transfer opportunity advertised.

 

As the fastest-growing player in next-generation job search platforms, Talent.com’s survey offers unique insight into the deficiencies between job seekers connecting with prospective employers. For the survey respondents living in New York, 70% had never heard about the upcoming new transparency law. Salary was the most important factor employees considered when looking for a new job according to 77%. An astounding 98% of survey respondents said it was important for them to know job salary before considering applying, but according to Talent.com’s data in June 2022 – only 12% of U.S. jobs offered online disclose salary information. In terms of age, salary was considered more important to those 55+ when compared to the 18-34 age group, 84% versus 52% respectively. Report here.

 

“Our salary survey clearly shows the major problem that is causing U.S. employers to have difficulties attracting and retaining top talent in the current job market,” said Lucas Martinez, Co-CEO of Talent.com. “A high percentage of organizations say their hires are not quality hires. This can be greatly improved by eliminating friction in the hiring and interviewing process – starting with complete salary transparency. We look forward to more online job postings revealing salary ranges in 2022,” concluded Martinez.

 

About Talent.com

Talent.com is one of the world’s fastest-growing next-generation job search platforms helping businesses find candidates no matter their budget, number of job openings or technological capabilities. Based in Montreal, Canada, with 8 offices around the world, our dedicated team adapts to the job posting requirements of our clients and helps them grow. Available in 78 countries and working with an extensive network of publishing partners, we adapt our solutions to the needs of small businesses all the way to enterprise clients, so you can find talent – your way. Visit https://www.talent.com/ to learn more.

Contacts

Ben Goldsmith

+44(0)7788295321

ben@goldsmithcomms.com

Categories
Education Local News Regulations & Security

Police Academy graduates 27th class

43 cadets receive certificates

 

WEST WINDSOR, N.J. — Forty-three cadets who made up the 27th basic class of police officers took part in today’s Mercer County Police Academy commencement held in the gymnasium at Mercer County Community College (MCCC).

 

 

PHOTO: Matthew Prettyman of Hamilton, who will join the Trenton Police Department and was chosen by his fellow graduates as class speaker, addresses his classmates during today’s ceremony.

 

 

An audience of several hundred family members, friends, Mercer County dignitaries and law enforcement officials from around State of New Jersey saw the cadets receive graduation certificates to officially make them police officers.

 

The graduates endured 21 weeks of training at the academy in all aspects of law enforcement and will now serve in police agencies within Mercer County and elsewhere (see complete list below). The academy, which was created in October 2006, is located on the grounds of MCCC.

Matthew Prettyman of Hamilton, who will join the Trenton Police Department and was chosen by his fellow graduates as class speaker, reminded his classmates of the difficult path they face as the next generation of law enforcement.

 

“Our generation of law enforcement must be one that never settles for complacency and always pushes to be better,” Officer Prettyman said.

 

“Our generation of law enforcement must strive to become better every day as we aim to improve our communities to make them a safer place and worth living in.

 

PHOTO: The Mercer Police Academy’s 27th basic recruit class.

“There will be times when it seems that all hope is lost, when faith seems that it is at its lowest, but I hope in those times you will remember everything that we are fighting to protect, the reason you swore an oath to serve and protect.”

 

Also addressing the class were Police Academy Director Martin Masseroni, Mercer County Executive Brian M. Hughes, Mercer County Sheriff John A. Kemler, West Windsor Police Chief Robert Garofalo, president of the Mercer County Chiefs of Police Association; and Dr. Deborah Preston, MCCC president. Also in attendance was County Commissioner Lucylle Walter.

 

During training, the class studied in disciplines such as use of force, firearms, vehicle pursuit, hostage negotiation, advanced crime scene processing and domestic violence prevention, among others. Several cadets received awards at the graduation ceremony for their excellence in training. Clyde Yeldell, Trenton Police Department, was chosen by his classmates to receive the Certificate of Merit awarded by the N.J. Police Training Commission to the best all-around graduate. Michael Manning, Trenton Police Department, received the academic award; Nicholas Feliciano, Burlington County Sheriff’s Office, earned the firearms qualification award with a perfect score; Joseph Morreale, New Jersey Transit Police Department, received the physical training award; and Zachary Sjosward, New Jersey Transit Police Department, received the emergency vehicle operations award.

 

The Mercer Police Academy consists of two classrooms specially designed for the needs of law enforcement training, and recruits use MCCC grounds, its library, and its gymnasium for training purposes. The campus includes a padded training room that is used for “defensive tactics” classes. A shooting range in Hopewell Township operated by the prosecutor’s office is part of the academy as well.

 

The following is a list of the graduates, their hometowns, and the law enforcement agency each will join. (Alternate Route trainees attend the academy at their own expense and now can pursue employment as certified police officers).

 

Alternate Route:Oksana Kopyto, East Windsor
Burlington County Sheriff’s Office:Mark Conard, Delanco; Nicholas Feliciano, Camden; Kyle Fuentes, South Amboy
Hamilton Township Police Division:Cody Astbury, Hamilton; Eric Levandowski, Hamilton
Hunterdon County Sheriff’s Office:Daniel Campbell, Lebanon
Linden Police Department:Tiara Acevedo, Newark
Mercer County Sheriff’s Office:Terrance Bailey, Ewing; Alec Gerasimowicz, Hamilton; Albert Mostrangeli, Hamilton; Anastacio Perez-Ortiz, Princeton; Robert Pontani, Hamilton; Ahmad White, Hamilton
Middlesex County Sheriff’s Office:Dashaun Best-Crossen, South Plainfield
New Jersey State Human Services Police:Christopher Kelly, South Bound Brook; Joseph Mastrangelo, Hamilton
New Jersey State Park Police:Tyler Vardanega, Hopewell
New Jersey Transit Police Department:Robert Garcia, South Amboy; Michael Insalaco, Floral Park, N.Y.; Albert Lee, Saddle Brook; Joseph Morreale, Lyndhurst; Michael Prashad, Montclair; Zachary, Sjosward, Clifton; Benjamin Suh, West Windsor
Princeton Police Department:Dimitrios Stoupas, Highland Park
Somerset County Sheriff’s Office:Benjamin Butler, South Brunswick; Ryan Parks, North Plainfield; Gerron Wooten Jr., Union
South Brunswick Police Department:Daniel Stoddard, West Windsor
Trenton Police Department:Richard Brown, Hamilton; Christian Clayton, Hamilton; Jami Fassnacht, Ewing; Matthew Kieffer, Hamilton; Michael Manning, Pennington; Estuardo Mazariegos, Trenton; Joshua Montalva, East Windsor; Matthew Prettyman, Hamilton; Melissa Sabatino, Trenton; Randall Schwaeble, Robbinsville; Michael VanCampenhout, Hamilton; Michael Williams, Trenton; Clyde Yeldell, Trenton

Categories
Business Healthcare Lifestyle Regulations & Security Science

United Food and Commercial Workers Local 360 endorses Psilocybin Behavioral Health Access and Services Act

WEST BERLIN, N.J. — (BUSINESS WIRE) — The United Food and Commercial Workers (UFCW) union Local 360 is proud to be the first labor organization to publicly endorse bill S2934, the Psilocybin Behavioral Health Access and Services Act.

 

Sponsored and submitted by Senate President Nicholas P. Scutari, the act represents a workable framework for New Jersey to quickly authorize “production and use of psilocybin.” In particular, Local 360 supports the bill’s intent to establish a network of “safe, legal, and affordable psilocybin service centers” for eligible residents, and sees a key role for organized labor in creating, expanding and sustaining such a network.

“This is the right time to take this step,” said Sam Ferraino, president of UFCW Local 360. “The involvement of Local 360 and other bona fide labor organizations has already allowed New Jersey to create a thriving, safe, employee-oriented and community supporting cannabis industry. We are advocating the same approach here, which means high standards of safety and training, and a real focus on greater equity within a well-regulated psilocybin industry.”

 

In February of 2021, New Jersey Governor Phil Murphy signed into law a bill that downgraded historic penalties for the possession of small, personal amounts of psilocybin. UFCW Local 360 sees the Psilocybin Behavioral Health Access and Services Act as the next logical step in efforts to, as Senate President Scutari said, “destigmatize this natural product and to promote research to benefit mental and physical health.”

 

“The move towards psilocybin legalization is nationwide, as more states and municipalities start to recognize the benefits it can bring,” noted Local 360 president Ferraino. “We believe that New Jersey can become a leader in this space, as long as Labor Peace and Project Labor Agreements are added to the bill, and space is made for vital social and economic justice provisions.”

 

The Psilocybin Behavioral Health Access and Services Act is designed not only to authorize the production and use of psilocybin to promote health and wellness, it would also expunge many past offenses involving psilocybin.

 

About United Food and Commercial Workers: The UFCW International Union represents over 1.3 million hardworking families across the U.S. and Canada. These members work in essential industries such as Retail, Warehousing, Manufacturing, Healthcare, Transportation, the Public Sector and Cannabis.

 

Contacts

Hugh Giordano,

UFCW 360 Director of Organizing,

609-367-5594

hgiordano@ufcw360.org

Categories
Culture Regulations & Security Travel & Leisure

UNITE HERE Local 54 launches Atlantic City travel alert website in advance of possible labor dispute

The site–ACTravelAlert.org–will provide visitors with updates on casino contract negotiations

 

ATLANTIC CITY, N.J. — (BUSINESS WIRE) — $BALY–Today UNITE HERE Local 54 launched a website to alert travelers to a potential labor dispute in Atlantic City. As the industry’s gaming operating profits surpass pre-pandemic levels, wages for Atlantic City’s casino workers have not kept pace. Contracts at all nine casinos are set to expire May 31. In the upcoming negotiations, casino workers see an opportunity to demand substantial raises across the board.

“Now that the casinos have recovered from the pandemic, it’s time for our members to recover, too. The Atlantic City gaming industry was established to create good middle class jobs, and our members are prepared to do whatever it takes to win the raises they need to get by in this economy,” said Bob McDevitt, President of Local 54. “Visitors to Atlantic City deserve to know the status of our contract negotiations, because when contracts expire, a labor dispute is always possible.”

 

Casino workers have sacrificed wage increases over the years for the health of the industry. Workers persevered through casino closures, Hurricane Sandy, and a global pandemic. Now, these same workers are getting left behind.

 

“I have to buy less because I need to pay the rent and utilities,” says Fabiola Sarmiento, a housekeeper at Harrah’s. “If I don’t, I will get my services cut. Electricity and gas have increased. The rent also increased. Food is super expensive, so I try to eat once per day. I am a cancer survivor and when I was ill with cancer, I applied to the state for help. The state did not give me any help. Supposedly, what I earn is enough to live on but that is not true.”

 

The website, ACTravelAlert.org, was last used by UNITE HERE Local 54 to update the public on the status of the Taj Mahal boycott and 2016 strike. Workers on strike held continuous picket lines in front of the Taj Mahal for 102 days.

 

Organizations that book business in Atlantic City should continue to check the website to keep up-to-date on contract negotiations. Travelers can also sign up to receive email updates about possible labor disputes.

 

The following casino contracts will expire on May 31, 2022:

  • Bally’s (NYSE:BALY) Atlantic City
  • Borgata Hotel Casino & Spa Atlantic City
  • Caesars ((NASDAQ:CZR) Atlantic City Hotel and Casino
  • Golden Nugget Atlantic City
  • Harrah’s Resort Atlantic City
  • Hard Rock Hotel & Casino Atlantic City
  • Ocean Resort Casino
  • Resorts Atlantic City
  • Tropicana Casino & Resort Atlantic City

 

For updates on this potential labor dispute, follow @UHLocal54 on Twitter.

 

UNITE HERE Local 54 Atlantic City has been representing hospitality workers in the hospitality industry for over 100 years. Our members work as housekeepers, bartenders, cocktail servers, cooks, bellmen, doormen, and other service jobs in the casinos and hospitality industry of South Jersey and Eastern Pennsylvania. With over 10,000 members, Local 54 is the largest private sector union in the region. Local 54 is an affiliate of UNITE HERE, an international labor union that represents 300,000 working people across North America.

Contacts

Bethany Holmes, 213-675-0905, bholmes@unitehere.org

Categories
Local News Regulations & Security

Mercer County clerk informs public about updated Real ID options

TRENTON, N.J. — Mercer County Clerk Paula Sollami Covello would like to inform Mercer residents that starting May 3, 2023, if you plan to use a driver’s license as proof of identity at airport security or to enter certain federal buildings and facilities, it must be the new, more secure Real ID license.

County Clerk Paula Sollami Covello

A standard driver’s license or non-driver identification card can still be used to drive in New Jersey, but it will no longer be considered a valid form of federal identification.

It must be noted, there is no requirement to get a Real ID license. Standard, non-Real ID licenses will still be issued at the DMV. Passport books and passport cards will also remain as valid proof of identification for international travel and are Real ID-compliant for domestic flights. The Mercer County Clerk’s Office offers both at its Trenton location and at the County Connection site in Hamilton.

Real ID complies with federal standards that impose stronger requirements to prove US residency. Real ID is a more secure, federally mandated document that will be accepted at airports as identification and to enter federal buildings. The intent of Real ID is to ultimately reduce identity theft and fraud, and enhance the nation’s security.

“Don’t wait until 2023 to apply for a passport or to obtain a Real ID from the DMV. The time to do this is now to avoid the expected rush and backlog of appointments,” said Clerk Sollami Covello.

For more information about Real ID and the requirements and documents needed to obtain one, you can visit NJ GOV Real ID. To apply for Real ID, appointments can be scheduled online at NJMVC.gov.

The Mercer County Clerk’s Office offers routine passport services, as well as County IDs and Veteran IDs. If you have any questions about the different forms of IDs, please contact the Clerk’s Office at 609-989-6465. For more information regarding passports, please visit the County Clerk’s website at https://www.mercercounty.org/government/county-clerk. For the County Clerk’s passport office, please call 609-989-6473. Appointments can also be made at the Mercer County Connection, located at 957 NJ-33, Hamilton, NJ. To schedule an appointment at County Connection, please contact the office at 609-890-9800

Categories
Business Regulations & Security

Seoul Semiconductor files patent infringement lawsuits against Philips TV and Filament LED bulbs in Europe and U.S.

ANSAN, South Korea — (BUSINESS WIRE) — #Acrich—Seoul Semiconductor Co., Ltd. “(Seoul),” a leading global innovator of LED products and technology, announced that, in April 2022, it has launched patent infringement lawsuits against Ace Hardware, a global retail company, in the U.S., and, in Europe, against a distributor of Conrad Electronic’s sales platform.


In the two cases, which are pending in the U.S. District Court for the Eastern District of Virginia and the German District Court of Düsseldorf, Seoul asserted infringement of its patents by Philips brand TVs, filament LED bulbs, and premium lighting products. Seoul also sought a recall of infringing products as well as the destruction of those products in the German case.

 

In these lawsuits, Seoul’s patents cover phosphor technology for high-quality color gamut and WICOP technology.

 

Seoul has developed its phosphor technology together with a Japanese company (“M”) over 15 years and has succeeded in producing LED lights that are the closest spectrum to natural light. Based on the quality of these lights, which is recognized in the industry, Seoul’s phosphor technology can be found in premium lighting products requiring more than CRI (color rendering index) 90, as well as display products.

 

WICOP is a revolutionary patented technology that is compactly designed without wire bonding or packaging, thus enabling LEDs to be mounted directly in a PCB assembly. WICOP technology has been adopted in over 100 car models, which is approximately 10% of the global automobile market. It is also widely used in about 20% of the global TV market as of 2020.

 

Seoul has already successfully obtained permanent injunctions against various infringing products several times in Europe and the U.S. In September 2020, the German District Court of Düsseldorf issued permanent injunctions, an order of recall and destruction against filament LED bulbs manufactured by a Phillips brand affiliate. In 2019 and 2021, the U.S. District Court for the Central District of California and the New Jersey District Court issued permanent injunctions against the sales of a Philips TV product and 13 automotive lighting brand LED products respectively.

 

“While global companies emphasize corporate responsibility, such as ESG, many companies still use copycat products that stole others’ hard-earned technology in order to gain short-term profits,” said Myeong-Ki Hong, CEO of Seoul. “It is a pity that there are unethical companies that seek profits at the expense of others’ sweat and tears,” he added.

 

About Seoul Semiconductor

Seoul Semiconductor is the world’s second-largest global LED manufacturer, a ranking excluding the captive market, and has more than 10,000 patents. Based on a differentiated product portfolio, Seoul offers a wide range of technologies, and mass produces innovative LED products for indoor and outdoor lighting, automotive, IT products, such as mobile phones, computer displays, and other applications, as well as the UV area. The company’s world’s first development and mass production products are becoming the LED industry standard and leading the global market with a package-free LED, WICOP; a high-voltage AC-driven LED, Acrich; an LED with 10X the output of a conventional LED, nPola; a cutting edge ultraviolet clean technology LED, Violeds; an all direction light emitting technology, filament LED; a natural sun spectrum LED, SunLike; and more. For more information, please visit www.seoulsemicon.com/en.

Contacts

Seoul Semiconductor Co., Ltd.
Jinseop Jung

Tel: +82-70-4391-8555

Email: jjs8732@seoulsemicon.com

Categories
Business Regulations & Security

CLVT Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC reminds Clarivate Plc investors of Class Action and lead plaintiff Deadline: March 25, 2022

NEW YORK — (BUSINESS WIRE) — Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Clarivate Plc (“Clarivate” or the “Company”) (NYSE: CLVT; CLVT-PA) on behalf of purchasers of Clarivate securities between February 26, 2021 and December 27, 2021, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/clvt.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

 

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies, and made false and/or misleading statements and/or failed to disclose that: (1) Clarivate maintained defective disclosure controls and procedures as a result of a material weakness in its internal control over financial reporting; (2) the foregoing material weakness was not limited to how the Company accounted for warrants; (3) as a result, Clarivate failed to properly account for an equity plan included in its acquisition of CPA Global; (4) accordingly, the Company was reasonably likely to restate one or more of its previously issued financial statements following its acquisition of CPA Global; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/clvt or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Clarivate you have until March 25, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

212-697-6484 | info@bgandg.com