Summit Wireless Technologies Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Information Technology : Semiconductors & Semiconductor Equipment |
Company profile

Summit Wireless Technologies Inc., formerly Summit Semiconductor, Inc. is an early-stage company that develops and sells wireless audio integrated circuits for home entertainment and professional audio markets. The Company develops and provides semiconductors and wireless audio modules to consumer electronics companies, which transmits and receives audio directly to speakers. Its technologies focus on providing wireless, interference free and uncompressed high-definition audio signals. Its subsidiaries include Summit Semiconductor, Inc., Summit Semiconductor K.K., and WiSA, LLC.

Postmarket

Last Trade
Delayed
$2.35
-0.06 (-2.49%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$2.41
Day's Change
-0.22 (-8.37%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
2.54
Day's Low
2.29
Volume
(Average)
Volume:
464,301

10-day average volume:
425,464
464,301

Shegerian & Associates/Urbanic & Associates: Princess Cruise Passengers Bring COVID-19 Lawsuits

2:14 pm ET May 5, 2020 (PR Newswire) Print

On April 23, 2020, Farah and Mohammed Toutounchian filed a civil federal lawsuit in the California Central District against Princess Cruise Lines and its parent company, Carnival Corporation, for negligently preparing for and responding to the COVID-19 outbreak on its January 20-February 4 Princess cruise throughout Asia. The litigation is known to be one of the first lawsuits of its type during the pandemic.

As a result of Princess' intentional and negligent failures to take appropriate measures, they - along with hundreds of other passengers - were stricken with COVID-19. The Toutounchians would eventually be taken from the ship and hospitalized in Japan for thirty days in a chilling experience that jeopardized their lives. Both continue to suffer effects from the illness, including the loss of hearing, taste, and smell.

The Toutounchians allege that Princess repeatedly failed to address significant red flags during the cruise. On or about January 20, 2020, the World Health Organization ("WHO") reported cases of COVID-19 in Thailand, Japan, and South Korea. Within a few days the coronavirus/COVID-19 outbreak was widely known, and the city of Wuhan was locked down. Only five days into the 15-day cruise, dozens of individuals had died in China from COVID-19 and China had restricted travel for more than 30 million people. Hong Kong raised its response level to the virus to "emergency" and canceled all large-scale events.

By January 31, 2020 the World Health Organization declared a global health emergency.

Plaintiffs' allege that despite these events, Princess and Carnival continued the cruise day after day, without significant change to the ship's safety protocols. Passengers were encouraged to leave the ship and visit port cities in Vietnam, Hong Kong, and Japan. Dining and entertainment continued unabated on the ship, and no changes were made in the way food or services were disbursed.

The Toutounchians are represented by James Urbanic of Urbanic & Associates and Carney Shegerian, founder of Shegerian & Associates. Both firms specialize in complex litigation. Urbanic says, "We intend to uncover what Princess and Carnival knew, when they knew it, and what they did - or didn't do - about it."

Co-Counsel Shegerian says: "The Toutounchians showed tremendous courage during their difficult fight with this disease. The suffering and confusion this illness has brought to their lives and so many others is unthinkable during this pandemic."

About Shegerian & Associates:Shegerian & Associates has won clients over $500 million in employment-based disputes and maintains a 98% success rate. We have offices in Los Angeles, San Diego, Riverside and New York.

About Urbanic & Associates:Urbanic & Associates has obtained numerous million-dollar verdicts and settlements for their clients throughout California, focusing on individuals who have experienced discrimination, civil rights' violations, or catastrophic injury.

Media Contact:

Rosanna Vargas of Shegerian & Associates at media@shegerianlaw.com

https://c212.net/c/img/favicon.png?sn=LA98585&sd=2020-05-05

View original content:http://www.prnewswire.com/news-releases/shegerian--associatesurbanic--associates-princess-cruise-passengers-bring-covid-19-lawsuits-301053234.html

SOURCE Shegerian & Associates

https://rt.prnewswire.com/rt.gif?NewsItemId=LA98585&Transmission_Id=202005051414PR_NEWS_USPR_____LA98585&DateId=20200505

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