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The price of the stock has increased by 10.75% since. However arrived at, the buy occurred within one day of Wells Fargos all-time low. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. Who has headwind. Who is praised. Presently, Gerald L. Salzman holds the position of President, CEO, CFO, Treasurer & Director at Daily Journal Corp. and Secretary, Chief Executive & Financial Officer at Journal Technologies, Inc. (a subsidiary of Daily Journal Corp.). LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company's new Chairman and Interim Chief Executive Officer effective today. Who comes. The company now publishes 10 newspapers in California and Arizona. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the companys new Chairman and Interim Chief Executive Officer effective today. Complete Daily Journal Corp. stock information by Barron's. View real-time DJCO stock price and news, along with industry-best analysis. Who regrets. Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. Who keeps going. Latitude (now VertiGIS) grew to a global client base of 1,400 clientsfrom small municipalities to Fortune 500 companies and the United Nationsbefore being acquired in 2017. Who is minor. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. He acted as the Companys Chief Executive Officer, Chief Financial Officer, Treasurer and Assistant Secretary. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future.. Chief Executive Officer and Chairman of the Board. 2132295300. dailyjournal.com. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Who is blamed. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. #CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathawayYahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) A. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. The Beachbody Co., Inc., Daily Journal Corp. Secretary & Executive Vice President-Publications, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Russell Investment Co. - Tax Managed US Mid & Small Cap Fund, Northern Trust Investments, Inc.(Investment Management), JPMorgan Securities LLC (Investment Management). Who benefits. It also serves as a newspaper representative specializing in public notice advertising. The CEO Magazine. Source: Kantar Media, Secretary & Executive Vice President-Publications. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. The credit union disbursed a record $560 million in loans to help members meet their needs and achieve their goals. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Who is confidant. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Again. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. View detailed DJCO description & address. Who recovers. Charlie Munger, the 98-year-old business partner of Warren Buffett at Berkshire Hathaway Inc , on Monday gave up his role as chairman of Daily Journal Corp, a newspaper publisher and provider of . In general, an outsider does not have the constraints of an insider when it comes to leading painful changes or making unpopular decisions. Is there a competitive advantage to having two superinvestors on your board of directors? When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. For the complete insider trading history of DJCO, click here. Copyright FactSet Research Systems Inc. All rights reserved. Daily Journal. As announced by Daily Journal Corp. in a news release and in a regulatory filing published on Monday, March 28, 2022, Gerald L. (Jerry) Salzman has left his post as chief executive officer at the publisher of newspapers and web sites covering California and Arizona, after 36 years in the role, effective March 22, 2022. I have been unable to conclusively disprove the rumor that this decision took placeover a bridge game with Guerin at the L.A. Country Club. See the company profile for Daily Journal Corporation (DJCO) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their compensation. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Precise information regarding Jerry Salzmans future plans was not immediately available. 11% of Daily Journal employees are Black or African American. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Who exits. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Here are further demographic highlights of the leadership team: The Daily Journal executive team is 33% female and 67% male. Who is at C-level. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. 18% of Daily Journal management is Hispanic or Latino. February 26, 2021 / Richard Lewis / 6 Comments. Washington, D.C. 20549 . Who has a say. . Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. We are incredibly fortunate that Steven found his way into our lives. To subscribe, click here. 2023, Nasdaq, Inc. All Rights Reserved. Who has tailwind. They have been labeling as misinformation and . It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. SPS Commerce CEO Archie Black leaves post, Workiva CEO Marty Vanderploeg leaves post. . And he did it all. Read the full story in the exechange report 14.2022 ($). Stan Perlmeter still invests his own account. International stock quotes are delayed as per exchange requirements. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Who is doomed. Daily Journal Corporation does important work for courts and the legal community, and I look forward to being part of helping chart our ongoing course to maximize the potential of our reputation, technology and capital.. Roseman Wagner Wealth Management is currently the largest shareholder, with 18% of shares outstanding. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Who is over. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. These symbols will be available throughout the site during your session. Who is hostile. International stock quotes are delayed as per exchange requirements. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Who is zero. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Chief Executive Officer. 19 % Approve of CEO. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. The Journal Technologies segment provides case management software and related services to courts and other justice agencies. And he did it all. Whos out. Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . All rights reserved. Never mind! Treasurer : Dated: July 3, 2014 . Who obeys. It consists of the combined operations of Sustain Technologies, Inc., established in the mid-1980s and acquired by the Daily Journal Corporation in 1999; New Dawn Technologies, Inc., acquired in 2012; and ISD Technologies, Inc., acquired in 2013. Heres Why. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. It was too cheap, explains Munger. This website uses cookies so that we can provide you with the best user experience possible. 915 East First Street Los Angeles California 90012 United States. Who is groomed. Who is fired. U.S. Securities and Exchange Commission. Who is left. Who leaves early. Jerry Salzmans duties as CEO will be taken over temporarily by Steven Myhill-Jones, a former chief executive officer at Latitude Geographics, as Interim Chief Executive Officer. Why Wells Fargo? Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Myhill-Jones will succeed Gerald Salzman as CEO. Type a symbol or company name. Senator Ted Cruz (R-TX) said the media should be held accountable for having "echoed" Chinese Communist talking points about COVID-19 over the last two years. The company is also a newspaper publisher with about a dozen papers serving markets . If efficient market theory were correct in claiming that all available information is priced into stocks, leaving the market price as the best estimate of true value, Buffett wondered how value investors had managed to beat the market by such wide margins. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Who pays back. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. As of June 30, 2010, The Daily Journal Corporation had cash and equivalents of $4,475,000 and US Treasury Notes and Bills of $10,639,000. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Who commands. Who wishes luck. Whos number 1. As announced by Daily Journal Corp. in a news release and in a regulatory filing published on Monday, March 28, 2022, Gerald L. (Jerry) Salzman has left his post as chief executive officer at the publisher of newspapers and web sites covering California and Arizona, after 36 years in the role, effective March 22, 2022. Computer Sciences Corp. CEO Mike Lawrie's pay package over the last year was enough to propel him into the top five highest-paid executives in the Greater Washington area. Who repeats. Steven Myhill-Jones will succeed Salzman as CEO. More From GOBankingRates. Who is successful. It's no good. He is also on the board of Daily Journal Corp. and California Institute of Technology. Who is first. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. Who assists. This was the first time Berkshire had bought a quality company vs. a deep value company marking a pivotal shift in investment philosophy that opened a new superhighway for Berkshires growth. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Munger says the company is now a venture capital-type situation. Who steps back. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Who is welcomed. Who is invested. It is the end of an era. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Mr. Myhill-Jones has also been an angel investor, and an advisor and mentor to technology businesses and entrepreneurs. Crypto? Change value during other periods is calculated as the difference between the last trade and the most recent settle. Journal Technologies has distinguished itself in the market with a browser-based case management system that is a highly configurable business processing engine that is the centerpiece for document management and e-filing. Latitude (now VertiGIS) grew to a global client base of 1,400 clientsfrom small municipalities to Fortune 500 companies and the United Nationsbefore being acquired in 2017. Some people buy Daily Journal stock believing it to be a Munger hedge fund. Who has a vote. We are using cookies to give you the best experience on our website. California's largest legal newspaper. The Push-out Score determined by exechange gauges the pressure surrounding Jerry Salzmans move on a scale of 0 to 10. exechange reached out to Daily Journal and offered the company the opportunity to comment on the score. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Copy and paste multiple symbols separated by spaces. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Insiders trading at Daily Journal. Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who is Who. Jerry Salzmans move coincides with a management shake-up also involving the positions of Chief Financial Officer; CEO of Journal Technologies; President of Journal Technologies; Co-Chief Technology Officers of Journal Technologies; Executive Vice President-Publications of Daily Journal Corporation; Assistant Controller of the company; and Editor-in-Chief of the Daily Journal newspapers. Munger became Chairman (because he was an attorney) with Guerin as the largest single shareholder, and Gerald Salzman the Platonic form of a Buffett-style manager taking over as CEO shortly thereafter. Who helps. CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. . Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Contact 3 . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. The Journal has been printed continuously since its . Daily Journal Corporation is an American publishing company and technology company headquartered in Los Angeles, California. All rights reserved. It is a generational change. Who distributes. The oldest executive at Daily Journal Corporation is Charles Munger, 96, who is the Chairman of the Board. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. Division of Corporate Finance. Who is bad man. Charlie Mungers Firm Doubled Down on Alibaba Investment, There's a lesson from Charlie Munger's increased bet on Alibaba. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the companys new Chairman and Interim Chief Executive Officer effective today. The Daily Journal newspapers have won numerous awards for its journalism, with the Los Angeles Press Club in 2003 noting that the Los Angeles Daily Journal was "the most award-winning newspaper in Los Angeles with the sole exception of the Los Angeles Times."[5]. Who leaves late. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Once again, the wit and wisdom of Charlie Munger was on full display at the deceptively youthful age of 97! The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Who is missed. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. Who is under. Who hurts. Who presides. Who is a big wheel. Imagine that! The Daily Journal is a legal publisher in Los Angeles, spun out in 1986 as a public company from a closed-end fund Munger and Guerin owned. Who is down. A global media brand, we provide critical business insight and in-depth features on companies, people, strategies, ideas and economic trends, while delivering unrivalled access to the . Who steps down. The Rest of the Portfolio. That part is true enough: over the same period, only about 26% of DJCOs price movement is explained by the same factors that have moved Berkshires price. In Camelot, there was once a time in 1972 when three (countem 3) superinvestors were on the board of one company: Buffett, Munger, and Guerin all joined the board of Sees Candy immediately after Berkshire made the acquisition. Munger became Chairman (because he was an attorney) with . Who is a friend. Who deserves it. For more information about services to government agencies, see: Last edited on 19 November 2022, at 00:32, "2020 Daily Journal Annual Meeting with Charlie Munger, 25th minute", "Munger's Daily Journal Lifts Curtain of Secrecy on Bets", "Buffett's Pal Munger Heads a Very Weird Company", "Munger Admits to Daily Journal's Material Weaknesses", https://www.legaladstore.com/governmentads.pdf, https://adtech.dailyjournal.com/index.cfm, https://en.wikipedia.org/w/index.php?title=Daily_Journal_Corporation&oldid=1122683455, This page was last edited on 19 November 2022, at 00:32. Daily Journal I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. Who speaks. It's crazy. Who contributes. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. Filed on August 13, 2014 Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. As Chairman, I look forward to participating in the strategic growth of our businesses, and as Interim Chief Executive Officer, I intend to lead based on principles and integrity, while evaluating the best long-term possibilities for the company. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. 61% of the management team is White. . Meanwhile, the second and third largest shareholders, hold 9.5% and 5.5%, of the shares . Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Who can say it? March 28, 2022 07:00 ET | Source: Daily Journal. Who sits. Who is successor. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. They also have listed positions in Bank of America and US Bankcorp in a highly concentrated portfolio (a half-dozen positions) that would give modern portfolio theorists the heebie-jeebies. DJCO has a market capitalization of $304 million. Who earns it. Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Who suffers. 4d. A director, President, CEO and CFO, said Mr. Munger. Veta Richardson's book is "Take Six: Essential Habits To Own Your Destiny, Overcome Challenges, And Unlock Opportunities." . Who reigns. Who is hired. Who mourns. Thursday's Progress Awards event featured speeches from Tim Nugent, president and CEO of the Economic Alliance of Kankakee County, and Kankakee Mayor Chris Curtis. Who is sorted out. He led the company during an incredibly challenging time for newspapers, while also building out a promising court software business in what is a terribly difficult but dynamic market. Chief Financial Officer. Who departs. Opinions expressed by Forbes Contributors are their own. Warren Buffett and Charlie Munger run Berkshire Hathaway (ticker: BRK.A). She will also continue as the companys Secretary. Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary and Director. It operates . Source: Kantar Media. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Who soothes. The company is also pleased to announce several promotions of long-serving team members. Click here to check it out. Who crumbles. Who sees green. She will also continue as the companys Secretary. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Throughout the transcript below, I have included clickable links to my notes and articles . CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 8,286 shares of DJCO on 12/22/2020 at an average price of $332 a share. Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Who kicks back. Hes whip smart and full of energy, said Mr. Munger. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. Daily Journal Corp., a newspaper and software business that counts Charlie Munger as chairman, nearly doubled its holding of Chinese internet giant Alibaba Group Holding Ltd. shares in recent months. Who heals. Words such as expects, intends, anticipates, should, believes, will, plans, estimates, may, variations of such words and similar expressions are intended to identify such forward-looking statements. Daily Journal Corp. company facts, information and financial ratios from MarketWatch. Source: Daily Journal Corporation on 12/30/2022 Sign up for Equilar ExecAtlas and view Tu To's full profile. Alibaba Stock Is Rebounding. I am incredibly excited about this opportunity to learn from and work with the team at the Daily Journal and Journal Technologies, said Mr. Myhill-Jones. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. It is made available only to Daily Journal subscribers for personal . Who betrays. 915 EAST FIRST STREET, LOS ANGELES, CA 90012. Who is host. Who topples. Daily Journal Corporation publishes several newspapers in California and Arizona with a specific focus on topics of interest to the legal and real estate professions. I book,host,edit, post and promote new episodes with brilliant guests every day. Who packs in. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Who is shamed. Who sees red. Charlie Munger. Contact 2? Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. Who leaves for good. That leaves three others in the public sphere. Who is in quest. Number one, the media, the corporate media for two years has been lying about this. Who is replaced. DJCO - key executives, insider trading, ownership, revenue and average growth rates. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. The Traditional Business segment publishes newspapers of general circulation. Box . Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Create your Watchlist to save your favorite quotes on Nasdaq.com. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 8,286 shares of DJCO on 12/22/2020 at an average price of $332 a share. President and CEO, 717 Credit Union. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

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