Farooq

Scilex Holding Company Enters Master Distributor Agreement Among CH Trading Group LLC (“CHT” or “Territories Distributor”) and Farouk, Maamoun Tamer & Co. (“Master Distributor”) For the Distribution of ZTlido® in the Kingdom of Saudi Arabia

Retrieved on: 
Wednesday, May 31, 2023

Designated Territories will include Kingdom of Saudi Arabia.

Key Points: 
  • Designated Territories will include Kingdom of Saudi Arabia.
  • ZTlido® is a lidocaine topical system approved for the relief of neuropathic pain associated with post-herpetic neuralgia (PHN).
  • ZTlido® was strategically designed to address the limitations of current prescription lidocaine patches by providing significantly improved adhesion and continuous pain relief throughout the 12-hour administration period.
  • “This agreement represents another critical milestone towards bringing our innovative non-opioid pain management medicines to people around the world,” said Jaisim Shah, President and Chief Executive Officer of Scilex.

Celularity Announces Advisory Guidance From Tamer Group Regarding Anticipated 2023 Purchase Orders for Celularity Branded Halal-Certified Biomaterial Products

Retrieved on: 
Wednesday, May 10, 2023

“We deeply appreciate Tamer advising us about its anticipated 2023 purchase orders, which will further guide operations planning at our Florham Park, N.J., facility where we manufacture Celularity's branded biomaterial products,” said Robert J. Hariri, M.D., Ph.D., Celularity’s CEO, Chairman and Founder.

Key Points: 
  • “We deeply appreciate Tamer advising us about its anticipated 2023 purchase orders, which will further guide operations planning at our Florham Park, N.J., facility where we manufacture Celularity's branded biomaterial products,” said Robert J. Hariri, M.D., Ph.D., Celularity’s CEO, Chairman and Founder.
  • Speaking on behalf of Tamer Group, Yasser Khattab, Tamer Healthcare CEO, said, “In preparation for an anticipated second quarter 2023 launch under our exclusive distribution agreement, we advised Celularity and CH Trading Group that we expect to submit purchase orders for Celularity's branded biomaterial products totaling at least $60 million to $80 million through the end of 2023.
  • Some of these factors are outside the control of Tamer Group and Celularity.
  • There can be no assurance that Celularity will realize any purchase orders.

DRAFTKINGS INVESTOR ALERT: Faruqi & Faruqi LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In DraftKings To Contact Him Directly To Discuss Their Options

Retrieved on: 
Sunday, July 11, 2021

NEW YORK, July 11, 2021 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against DraftKings Inc. (DraftKings or the Company) (NASDAQ:DKNG).

Key Points: 
  • NEW YORK, July 11, 2021 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against DraftKings Inc. (DraftKings or the Company) (NASDAQ:DKNG).
  • If you suffered losses exceeding $50,000 investing in DraftKings stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).

Farouk Systems, Inc. Sustains Growth and Global Expansion in 2020

Retrieved on: 
Tuesday, February 2, 2021

Despite COVID-19, Founder and Chairman Dr. Farouk Shami re-invented the company's potential by using its many strengths and talents to carry FSI through 2020 in records ways.

Key Points: 
  • Despite COVID-19, Founder and Chairman Dr. Farouk Shami re-invented the company's potential by using its many strengths and talents to carry FSI through 2020 in records ways.
  • In fact, the Texas Department of Agriculture certified the company's CHI Natural Gardens as Organic for Aloe Vera in 2020.
  • More than ever, Farouk Systems will demonstrate its creative geniuses by launching a series of new hair color products like CHI Chroma Paint.
  • According to Dr. Farouk Shami, "Without a doubt, Farouk Systems, Inc. will surpass all expectations in the years to come.

Farouk Systems, Inc. Donates Over $4 Million Worth of Biosilk® Moisturizing Hand Sanitizer and CHI® Hair Care Products for Hurricane Laura Relief

Retrieved on: 
Tuesday, September 8, 2020

HOUSTON, Sept. 8, 2020 /PRNewswire/--Farouk Systems, Inc. (FSI),the creators of CHI and Biosilk, announced that it will donate over $4 million worth of Biosilk Moisturizing Hand Sanitizer and CHI Hair Care to support relief efforts in Lake Charles, Louisiana after Hurricane Laura caused catastrophic destruction and flooding along the United States' Gulf Coast.

Key Points: 
  • HOUSTON, Sept. 8, 2020 /PRNewswire/--Farouk Systems, Inc. (FSI),the creators of CHI and Biosilk, announced that it will donate over $4 million worth of Biosilk Moisturizing Hand Sanitizer and CHI Hair Care to support relief efforts in Lake Charles, Louisiana after Hurricane Laura caused catastrophic destruction and flooding along the United States' Gulf Coast.
  • "Our hearts and prayers go out to those in Louisiana who have been affected by Hurricane Laura," saidDr.
  • Farouk Shami, Founder and Chairman of Farouk Systems, Inc."We are committed to helping our friends and family in Louisiana."
  • In 2020, Farouk Systems, Inc. has already contributed well over $1 million worth of Biosilk Moisturizing Hand Sanitizer and CHI Natural Gardens Moisturizing Hand Sanitizerto the cities of Houston, Tomball, and Fort Bend County.

BAYER DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $500,000 In Bayer Aktiengesellschaft To Contact The Firm

Retrieved on: 
Thursday, July 16, 2020

If you invested in Bayer stock or options between May 23, 2016 and March 19, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/BAYRY .

Key Points: 
  • If you invested in Bayer stock or options between May 23, 2016 and March 19, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/BAYRY .
  • The case, City of Grand Rapids General Retirement System et al v. Bayer Aktiengesellschaft et al., No.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Bayers conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).

Farouk Systems Inc. Launches Health + Care Division

Retrieved on: 
Thursday, July 2, 2020

HOUSTON, July 2, 2020 /PRNewswire/ -- Farouk Systems Inc. is proud to announce the creation of the company's Health + Care Division.

Key Points: 
  • HOUSTON, July 2, 2020 /PRNewswire/ -- Farouk Systems Inc. is proud to announce the creation of the company's Health + Care Division.
  • Dr. Farouk Shami, Founder and Chairman of Farouk Systems Inc., has been a pioneer of innovation in the beauty industry for over 30 years.
  • Since sanitization is critical to saving lives, the Houston-based business will work diligently to release new sanitizing products under Health + Care.
  • The first products came in March 2020 when Farouk Systems immediately shifted production efforts to produce a variety of safe, "Methanol Free" and FDA registered CHI and BioSilk hand sanitizers.

Ethan Allen CEO Receives Ascend A-List Award Honoring Outstanding Pan-Asian Leaders

Retrieved on: 
Tuesday, June 9, 2020

DANBURY, Conn., June 09, 2020 (GLOBE NEWSWIRE) -- During a virtual gala, held on May 28 by Ascend, North Americas largest Pan-Asian organization for business professionals, Ethan Allen President, Chairman and CEO Farooq Kathwari received a 2020 Ascend A-List Award.

Key Points: 
  • DANBURY, Conn., June 09, 2020 (GLOBE NEWSWIRE) -- During a virtual gala, held on May 28 by Ascend, North Americas largest Pan-Asian organization for business professionals, Ethan Allen President, Chairman and CEO Farooq Kathwari received a 2020 Ascend A-List Award.
  • Its a privilege to be in the company of leaders who are transforming business and government in the United States and beyond, said Kathwari.
  • Ethan Allen Interiors Inc.(NYSE: ETH) is a leading interior design company and manufacturer and retailer of quality home furnishings.
  • Ethan Allen owns and operates nine manufacturing facilities including six manufacturing plants inthe United States, two manufacturing plants inMexicoand one manufacturing plant inHonduras.

DOUYU DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In DouYu International Holdings Limited To Contact The Firm

Retrieved on: 
Monday, March 30, 2020

The case, Liang v. DouYu International Holdings Limited et al., Docket No.

Key Points: 
  • The case, Liang v. DouYu International Holdings Limited et al., Docket No.
  • On July 29, 2019, the day before the incident was first reported, DouYu ADSs closed at $10.08 per ADS.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding DouYus conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ).

Farouk Systems, Inc. Begins Manufacturing of FDA Approved Hand Sanitizers

Retrieved on: 
Friday, March 27, 2020

HOUSTON, March 27, 2020 /PRNewswire/ --Dr. Farouk Shami, Founder and Chairman of Farouk Systems, Inc. (creators of CHI & BioSilk) and John McCall, Vice Chairman, have begun the manufacturing of CHI and BioSilk's first hand sanitizer lines.

Key Points: 
  • HOUSTON, March 27, 2020 /PRNewswire/ --Dr. Farouk Shami, Founder and Chairman of Farouk Systems, Inc. (creators of CHI & BioSilk) and John McCall, Vice Chairman, have begun the manufacturing of CHI and BioSilk's first hand sanitizer lines.
  • Dr. Shami has ramped up the manufacturing of the new CHI Organic Gardens Moisturizing Hand Sanitizer and the BioSilk Moisturizing Hand Sanitizer with Soothing Aloe Vera.
  • Farouk Systems, Inc. has been growing organic aloe vera - a main ingredient used in many hand sanitizers.
  • Shami is working on production of two more hand sanitizers made with hydrogen peroxide, alcohol and glycerin and is working on antibacterial hand soap.