Securities Litigator Jessica Corley Joins King & Spalding's Atlanta Office

ATLANTA, GA—(Marketwired – February 21, 2018) – King & Spalding today announced that Jessica Corley has joined the Trial and Global Disputes practice as a partner in the Atlanta office. Corley will focus on securities and complex commercial litigation, including securities class actions, derivative suits and M&A litigation.

Corley counsels companies and their directors and officers on regulatory investigations, disclosure issues, fiduciary duties in the deal context, and director and officer insurance coverage. She is a known leader in the field, having served as the past chair of the Atlanta Bar Subsection on Securities and Complex Litigation and the immediate past head of the Securities Litigation Group at Alston & Bird in Atlanta, where she was a partner.

“Jessica is a dynamic securities litigator with a proven record of winning cases against top shareholder plaintiffs' firms,” said Andy Bayman, head of the firm's Trial and Global Disputes practice. “Her experience as lead counsel in securities litigation from California to New York, reputation in the market and relationships with director and officer insurance carriers and brokers make us want her on our team.”

Corley has written and spoken on a variety of commercial litigation topics, particularly in the areas of securities and M&A litigation. She was named a 2014 BTI Client Service All–Star and a 2015 BTI Client Service All–Star MVP in the area of Securities and Complex Commercial Litigation. Corley received both her undergraduate degree and her J.D. from the University of Louisville. Before entering private practice, she clerked for the Hon. Charles R. Simpson III of the U.S. District Court for the Western District of Kentucky.

“King & Spalding has a strong platform with a network of offices from coast to coast, a collaborative culture, dynamic client teams and an impressive Government Investigations group — all of which drew me to the firm,” said Corley. “I am looking forward to growing the Trial and Global Disputes practice with my new partners.”

About King & Spalding
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 1,000 lawyers in 20 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.

Big 8 Split Inc. Announces Quarterly Dividends on Class D Preferred Shares and Class D Capital Shares

TORONTO, ON —(Marketwired – February 20, 2018) – Big 8 Split Inc. (the “Company”) (TSX: BIG.D) (TSX: BIG.PR.D) announced today that it has declared a quarterly dividend of $0.1125 per Class D Preferred Share. In addition, a quarterly dividend on its Class D Capital Shares was declared of $0.043 per Class D Capital Share. The dividends on both the Class D Preferred Shares and Class D Capital Shares are payable on March 15, 2018 to holders of record on February 28, 2018.

The Company was established to generate dividend income for the Class D Preferred Shares while providing holders of the Class D Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto–Dominion Bank, Great–West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at www.timbercreek.com/investments/managed–companies/big8–split–inc/overview.

The Class D Capital Shares and Class D Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.D and BIG.pr.D respectively.

Timbercreek Financial Declares February 2018 Dividend

TORONTO, ON—(Marketwired – February 20, 2018) – Timbercreek Financial (the “Company”) (TSX: TF) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on March 15, 2018 to holders of Common Shares of record on February 28, 2018.

The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.

Pursuant to the Plan and at the discretion of Timbercreek Asset Management Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the “Average Market Price”) for the five trading day period ending on the third business day immediately prior to the dividend payment date (the “Trading Period”).

Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder.

The full text of the Plan can be obtained on the Company's website at http://www.timbercreekfinancial.com/investor–relations/dividend–reinvestment–plan

About Timbercreek Financial
Timbercreek Financial is a leading non–bank, commercial real estate lender providing shorter–duration, structured financing solutions to commercial real estate investors. Our sophisticated, service–oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk–adjusted returns for investors.

Timbercreek Financial Announces Exercise of Over-Allotment Option in connection with Bought Offering of Common Shares

TORONTO, ON—(Marketwired – February 16, 2018) –

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Timbercreek Financial (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to report that the underwriters of its bought offering of common shares of the Company (“Common Shares“) have partially exercised their previously announced over–allotment option to purchase an additional 545,300 Common Shares at a price of $9.30 per share for additional gross proceeds of $5,071,290.

The syndicate of underwriters for the bought offering of Common Shares was co–led by National Bank Financial Inc. and TD Securities Inc. and included RBC Dominion Securities Inc., CIBC World Markets Inc., Raymond James Ltd., BMO Nesbitt Burns Inc., Scotia Capital Inc., GMP Securities L.P., Canaccord Genuity Corp., Industrial Alliance Securities Inc. and Manulife Securities Incorporated.

The Company will use the net proceeds from the exercise of the over–allotment option to repay amounts owing under its secured revolving credit facility, and will subsequently draw on the credit facility for purposes of funding future investments in accordance with the strategies, investment objectives and investment guidelines of the Company.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933 and accordingly may not be offered, sold or delivered, directly or indirectly within the United States, its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except where an exemption from registration is available. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

About Timbercreek Financial

Timbercreek Financial is a leading non–bank, commercial real estate lender providing shorter–duration, structured financing solutions to commercial real estate investors. Our sophisticated, service–oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk–adjusted returns for investors.

Disclaimers

This news release contains forward–looking statements about Timbercreek Financial. Forward–looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “intend”, “plan”, “seek”, “strive”, “will”, “may”, “potential” and “should” and similar expressions concerning matters that are not historical facts. By their nature, forward looking statements reflect Timbercreek Asset Management Inc.'s and the Company's current views, beliefs, assumptions and intentions, and are subject to certain risks and uncertainties, known and unknown, including, without limitation, risks disclosed in the Company's public filings. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by these forward–looking statements. The Company does not intend to nor assumes any obligation to update these forward–looking statements whether as a result of new information, plans, events or otherwise, unless required by law.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

Darwin Deason, Xerox's Third-Largest Shareholder, Seeks, for the Benefit of All Xerox Shareholders, to Enjoin Xerox/Fuji Transaction and Joint Venture on the Basis of Fraud and Breaches of Fiduciary Duties

NEW YORK, NY—(Marketwired – February 13, 2018) – Darwin Deason, a long–term and third–largest shareholder of Xerox Corp. (“Xerox”), has filed a lawsuit against Fujifilm Holdings Corp. (“Fuji”), Xerox, current Xerox board members and Ursula M. Burns, Xerox's former Chairman and CEO. The complaint was filed on February 13, 2018, in the Supreme Court of the State of New York, New York County.

In the complaint, Mr. Deason alleges the following:

  • The Xerox/Fuji transaction is the result of an improper and fraudulently concealed “crown jewel” lock–up agreement that Xerox entered into with Fuji 17 years ago, that was never disclosed to Xerox's shareholders before the signing of the Xerox/Fuji transaction;
  • The “crown jewel” lock–up agreement precludes a transparent and fair process for the potential sale of Xerox;
  • Despite its duty to do so, Xerox's board fraudulently never disclosed the “crown jewel” lock–up;
  • Fuji and Fuji Xerox participated in a “WorldCom”–like accounting scandal that was uncovered in 2017 and gave Xerox the right to terminate the crown jewel lock–up provision, but the Xerox Board failed to terminate the provision;
  • Xerox publicly admitted that the lock up “limit[ed] Xerox's strategic flexibility”, which caused the Xerox board to sell 50.1% of Xerox to Fuji;
  • Xerox/Fuji deal is extremely off–market:
  • —No control premium for Xerox shareholders
  • —50.1%/49.9% Fuji control
  • —Xerox CEO and board members retain jobs
  • —No Xerox market check or sale process
  • —Xerox share price has declined 2.4% since the unaffected date (1/10) to Friday's close (date prior to issuance of Icahn/Deason letter); and
  • Deason seeks to enjoin the transaction, terminate the Xerox/Fuji joint venture lock–up and joint venture agreements and pursue strategic alternatives for Xerox.

King & Spalding LLP is representing Mr. Deason in this matter.

SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS RELATED TO THE SOLICITATION OF PROXIES BY CARL ICAHN, DARWIN DEASON AND THEIR RESPECTIVE AFFILIATES FROM THE SHAREHOLDERS OF XEROX CORPORATION IN CONNECTION WITH THE PROPOSED TRANSACTIONS BETWEEN XEROX CORPORATION AND FUJIFILM HOLDINGS CORPORATION (THE “TRANSACTION”) AND/OR FOR USE AT THE 2018 ANNUAL MEETING OF SHAREHOLDERS OF XEROX CORPORATION (THE “ANNUAL MEETING”) WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING INFORMATION RELATING TO THE PARTICIPANTS IN SUCH PROXY SOLICITATION. WHEN COMPLETED, A DEFINITIVE PROXY STATEMENT AND A FORM OF PROXY RELATED TO THE TRANSACTION AND/OR THE ANNUAL MEETING WILL BE MAILED TO SHAREHOLDERS OF XEROX CORPORATION AND WILL ALSO BE AVAILABLE AT NO CHARGE AT THE SECURITIES AND EXCHANGE COMMISSION'S WEBSITE AT HTTP://WWW.SEC.GOV. INFORMATION RELATING TO THE PARTICIPANTS IN SUCH PROXY SOLICITATION IS CONTAINED IN THE SCHEDULE 14A FILED BY CARL ICAHN, DARWIN DEASON AND THEIR RESPECTIVE AFFILIATES WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 22, 2018.

Virgin Pulse Unveils 2018 Thrive Summit Agenda; Announces Serena Williams as Keynote Speaker

PROVIDENCE, RI—(Marketwired – February 13, 2018) – Virgin Pulse, the leading global provider of digital employee health and wellbeing engagement solutions that members love to use, today announced that Serena Williams, one of the greatest living athletes, will keynote the company's annual Thrive Conference, April 9 – 11 at the Eden Roc hotel in Miami Beach, Florida.

Virgin Pulse's Thrive Summit is the premier conference on employee wellbeing and engagement, bringing together HR leaders, industry experts, and renowned researchers to explore how workplace wellbeing is shaping today's employee experience and how organizations are building wellbeing into the DNA of their organizations. Thrive Summit offers two and a half days of interactive workshops, dynamic breakout sessions, powerful keynote presentations and access to onsite wellbeing activities — all designed to inspire attendees around this year's conference theme: “Color Your Culture Yours.”

“Each year, Thrive Summit provides our clients and partners with valuable opportunities to learn from one another,” said David Osborne, Chief Executive Officer, Virgin Pulse. “We know that wellbeing and engagement are directly tied to business performance, and this year's agenda is specifically designed to help HR and benefits leaders bring real results back to their companies by learning how employee wellbeing can drive stronger culture, engagement, and productivity.”

As the event's keynote speaker, Serena Williams will share her journey to becoming one of the world's greatest tennis players, including the ways she's used wellbeing practices to optimize her performance and balance her rigorous training schedule with new motherhood. With twenty–three career Grand Slam titles, sixty–six singles championship titles, and four Olympic gold medals, Williams is one of the greatest athletes of our time. Williams is also a successful entrepreneur and devoted philanthropist, focused on creating equity through education and assisting victims of senseless violence. Her talk will take place from 10:45 – 11:45 AM on Tuesday, April 10.

In addition to hearing from Williams, Thrive Summit attendees will experience the creative genius of graffiti artist and best–selling author, Erik Wahl, and will have the opportunity to attend client presentations and hands–on workshops as well as meet and network with industry thought leaders, Virgin Pulse executives, Science Advisory Board members, and key clients.

2018 Thrive Summit agenda highlights include:

  • David Osborne, Virgin Pulse CEO, and Ron Hildebrandt, Chief Product Officer, will unveil the latest technology innovations for employee wellbeing, including new applications of Virgin Pulse's proven behavior change platform and a preview of the company's product roadmap.
  • Dr. Ron Goetzel, Senior Scientist and Director of the Institute for Health and Productivity Studies, will share the latest research on the efficacy of wellness programs, addressing the controversial question of whether they really work to drive outcomes.
  • Dr. BJ Fogg, Director of the Persuasive Technology Lab, Stanford University, will teach attendees how to inspire long–term behavior change, driving better habits both in and outside of work.
  • Virgin Pulse clients, including Northwell Health, Movement Mortgage, and Argonne National Laboratory, will present the results of their employee wellbeing and engagement programs, which have led to improved culture, health outcomes, and employee retention.
  • Joseph Burton, CEO of Whil Concepts will lead a “Mindful Leaders” pre–conference workshop on April 9 from 3–5 pm. This highly interactive workshop will teach attendees techniques to apply mindfulness and emotional intelligence training to their daily lives and company culture.
  • Global employee rewards recognition leader, O.C. Tanner, will present its latest research on how delivering an integrated employee recognition and wellbeing experience can help organizations build healthier, more engaged workforces.
  • Virgin Pulse Partners, including O.C. Tanner, Whil, InfoTech, LandIt, MeQuilibrium, Sleepio, Wellness Corporate Solutions, and Zipongo, will demo their wellbeing software and solutions in The Hub Partner Pavilion, designed to showcase the power of a fully integrated, personalized wellbeing and engagement program.

This year's conference will also feature a special track for attendees who would like to bring a spouse, partner or friend to attend the opening day sessions with Serena Williams and Erik Wahl, as well as the Tuesday evening reception and morning activities (Yoga, 5K). For information on the Virgin Pulse Friendly Fare track, please visit: www.thrivesummit.com/register–now.

Thrive Summit early bird registration pricing of $795 has been extended until February 20, 2018. Join the conference to learn how you can make a measurable impact on company culture through wellbeing and engagement programs that empower, inspire, and engage. Register today at www.thrivesummit.com.

About Virgin Pulse
Virgin Pulse, a leading provider of technology solutions that promote employee and wellbeing and engagement, helps employers create workforces that are happier, healthier and more productive. The company's modern, mobile–first platform delivers personalized user experiences that utilize gamification to engage users in building habits that inspire measurable and sustainable change across individuals and organizations. By helping employees thrive at work and in all aspects of life, Virgin Pulse is helping change lives and businesses around the world for good. More than 3,000 global organizations representing many of the Fortune 500 and Best Places to Work, have selected Virgin Pulse's solutions to engage their workforces and drive their businesses forward. To learn more, visit www.virginpulse.com.

Virgin Pulse Unveils 2018 Thrive Summit Agenda; Announces Serena Williams as Keynote Speaker

PROVIDENCE, RI—(Marketwired – February 13, 2018) – Virgin Pulse, the leading global provider of digital employee health and wellbeing engagement solutions that members love to use, today announced that Serena Williams, one of the greatest living athletes, will keynote the company's annual Thrive Conference, April 9 – 11 at the Eden Roc hotel in Miami Beach, Florida.

Virgin Pulse's Thrive Summit is the premier conference on employee wellbeing and engagement, bringing together HR leaders, industry experts, and renowned researchers to explore how workplace wellbeing is shaping today's employee experience and how organizations are building wellbeing into the DNA of their organizations. Thrive Summit offers two and a half days of interactive workshops, dynamic breakout sessions, powerful keynote presentations and access to onsite wellbeing activities — all designed to inspire attendees around this year's conference theme: “Color Your Culture Yours.”

“Each year, Thrive Summit provides our clients and partners with valuable opportunities to learn from one another,” said David Osborne, Chief Executive Officer, Virgin Pulse. “We know that wellbeing and engagement are directly tied to business performance, and this year's agenda is specifically designed to help HR and benefits leaders bring real results back to their companies by learning how employee wellbeing can drive stronger culture, engagement, and productivity.”

As the event's keynote speaker, Serena Williams will share her journey to becoming one of the world's greatest tennis players, including the ways she's used wellbeing practices to optimize her performance and balance her rigorous training schedule with new motherhood. With twenty–three career Grand Slam titles, sixty–six singles championship titles, and four Olympic gold medals, Williams is one of the greatest athletes of our time. Williams is also a successful entrepreneur and devoted philanthropist, focused on creating equity through education and assisting victims of senseless violence. Her talk will take place from 10:45 – 11:45 AM on Tuesday, April 10.

In addition to hearing from Williams, Thrive Summit attendees will experience the creative genius of graffiti artist and best–selling author, Erik Wahl, and will have the opportunity to attend client presentations and hands–on workshops as well as meet and network with industry thought leaders, Virgin Pulse executives, Science Advisory Board members, and key clients.

2018 Thrive Summit agenda highlights include:

  • David Osborne, Virgin Pulse CEO, and Ron Hildebrandt, Chief Product Officer, will unveil the latest technology innovations for employee wellbeing, including new applications of Virgin Pulse's proven behavior change platform and a preview of the company's product roadmap.
  • Dr. Ron Goetzel, Senior Scientist and Director of the Institute for Health and Productivity Studies, will share the latest research on the efficacy of wellness programs, addressing the controversial question of whether they really work to drive outcomes.
  • Dr. BJ Fogg, Director of the Persuasive Technology Lab, Stanford University, will teach attendees how to inspire long–term behavior change, driving better habits both in and outside of work.
  • Virgin Pulse clients, including Northwell Health, Movement Mortgage, and Argonne National Laboratory, will present the results of their employee wellbeing and engagement programs, which have led to improved culture, health outcomes, and employee retention.
  • Joseph Burton, CEO of Whil Concepts will lead a “Mindful Leaders” pre–conference workshop on April 9 from 3–5 pm. This highly interactive workshop will teach attendees techniques to apply mindfulness and emotional intelligence training to their daily lives and company culture.
  • Global employee rewards recognition leader, O.C. Tanner, will present its latest research on how delivering an integrated employee recognition and wellbeing experience can help organizations build healthier, more engaged workforces.
  • Virgin Pulse Partners, including O.C. Tanner, Whil, InfoTech, LandIt, MeQuilibrium, Sleepio, Wellness Corporate Solutions, and Zipongo, will demo their wellbeing software and solutions in The Hub Partner Pavilion, designed to showcase the power of a fully integrated, personalized wellbeing and engagement program.

This year's conference will also feature a special track for attendees who would like to bring a spouse, partner or friend to attend the opening day sessions with Serena Williams and Erik Wahl, as well as the Tuesday evening reception and morning activities (Yoga, 5K). For information on the Virgin Pulse Friendly Fare track, please visit: www.thrivesummit.com/register–now.

Thrive Summit early bird registration pricing of $795 has been extended until February 20, 2018. Join the conference to learn how you can make a measurable impact on company culture through wellbeing and engagement programs that empower, inspire, and engage. Register today at www.thrivesummit.com.

About Virgin Pulse
Virgin Pulse, a leading provider of technology solutions that promote employee and wellbeing and engagement, helps employers create workforces that are happier, healthier and more productive. The company's modern, mobile–first platform delivers personalized user experiences that utilize gamification to engage users in building habits that inspire measurable and sustainable change across individuals and organizations. By helping employees thrive at work and in all aspects of life, Virgin Pulse is helping change lives and businesses around the world for good. More than 3,000 global organizations representing many of the Fortune 500 and Best Places to Work, have selected Virgin Pulse's solutions to engage their workforces and drive their businesses forward. To learn more, visit www.virginpulse.com.