Category Archives: Press

SAM Preccelerator Program Company Team(You) Announces Launch

TEAM-LOGO-TREATMENT-colorStubbs Alderton & Markiles’ client and Preccelerator Program company,
Team(You), a digital incentive tool, launched in June.
http://www.teamyou.co

The web application allows teachers and staff to administer incentive programs online. Through the system students are immersed in a token economy that increases financial literacy; the digital
tracking allows personalized student-teacher interactions.

The web application replaces incentives being widely used, like paper bucks or marbles in a jar through an easy to use seating chart interface. Students earn points for academic, life, and social skills like improving test scores, class participation, and helping out other students. Data is immediately recorded and can be analyzed by students and teachers.

Early demand is highest from innovative middle school principals looking to address the dropoff in student engagement in high school. “These principals are looking for the solution to that precipitous drop at the 8th grade,” says Andrew Cheeseman, Team(You) co-founder. “This system catches the students’ attention in 6th grade and continues with them through this critical growth spurt in their physical and emotional lives.”

Team(You) is the upgrade of a system with a seventeen-year development at after-school provider Bresee Foundation. Student engagement and enrollment boomed at the after school program, along with growth in the number of points students earned. Bresee students report that the chance to earn points was the reason they came, even on days they thought to skip.

Team(You) founder Cynthia Harrington, serial entrepreneur and financial services executive, volunteered to create a points-based financial curriculum that explained how the token economy was like real life, for which she was awarded the PF Bresee Award. Over 8,000 students have learned about earning and spending in real life while they accumulated over two million points.  “These students helped to write the curriculum from their own experiences,” says Harrington. “I added financial concepts as well as questions that challenged them to critical thinking about math as well as life problems.”

Demand for such a product was evident from the beginning. “‘Why can’t we have this?’ any school leader who saw the Bresee system would inevitably ask,” says Harrington. “With that kind of demand, we had a duty to make it available.”

The time tested software system from Team(You) makes it easier for teachers to administer incentive programs that most are already using, and it offers digital tracking of important behavioral trends. The program serves students of all ages; special features are designed for particularly critical years for increasing student engagement.

About Team(You)

Team(You) is the digital tool that increases school engagement. Education is one of the last industries to cut labor costs and to increase outcomes through the innovative use of technology. Team(You)’s proven system has value to classrooms across the world, and the company is meeting the challenge to bring enterprise-level software to individual use in the classroom. Founded in 2013 by serial entrepreneur Cynthia Harrington and backed by Wall Street and tech executives, the token economy that students find fun is a powerful learning tool for financial education. The relevant lessons and real-time reporting increases engagement across the school day and facilitates Common Core. Honoring the innovation that comes from the non-profit sector, Bresee holds an ownership stake in Team(You).

For more information about Team(You) contact: Cynthia Harrington, CEO, Team(You), cynthia@teamyou.co or visit http://www.teamyou.co/ 

For more information about the Preccelerator Program, contact Heidi Hubbeling hhubbeling@stubbsalderton.com or (310) 746-9803.

SAM Preccelerator Program Company 3Ten8 Receives $250K in Funding and Acceptance into Citrix Startup Accelerator Seed Program

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Congratulations to SAM Preccelerator Program Company 3Ten8!  They have been selected to be in the first class of of Citrix’s new program, Citrix Startup Accelerator Seed Program.  As part of their acceptance, 3Ten8 will receive $250k in seed funding, formal training and guidance from an Innovators Council comprised of CIOs and CTOs from AMD, Bosch, Citrix, Coca-Cola and Ricoh, as well as investors from top Silicon Valley VC firms. The will also present their products and services and report on their latest progress at the Innovators Day taking place at the Citrix Silicon Valley headquarters in Santa Clara. 

To view the Wall Street Journal press release, click here.

About 3Ten8

3TEN8 develops software that helps mobile network operators visualize network performance, analyze subscriber behavior and optimize their wireless networks; a state-of-the-art mobile device is only as functional as its wireless network. Currently, these networks are being managed by basic and inefficient tools. As telecom engineers, we grew tired of the shortcomings of these tools, so we took matters into our hands, dared to defy the status quo and created our own solution. 3TEN8 was founded by former employees of major telecommunications and software corporations. Merging the best of these two disciplines allowed us to develop an inspired and innovative software. By converting network data into easily understood and usable information, we have made it possible for engineers and executives to make more knowledgeable decisions. Ultimately better tools leads to happier engineers, improved networks, less dropped calls, and subsequently, happier customers and increased revenue. 3TEN8 targets 80+ mobile network operators in the U.S. and 800+ worldwide. 

To view 3Ten8′s pitch, click here.

For more information about our Preccelerator Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.

Stubbs Alderton & Markiles, LLP Represents Client The Bouqs Company in $6M Series A Financing

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SAM announced that it represented client, The Bouqs Company (TheBouqs.com), a premier cut-to-order online flower delivery service, in a $6 million Series A financing. Led by Azure Capital Partners and joined by KEC Ventures, funding will be used to accelerate growth initiatives including expanding the team, offering delivery outside the US, and scaling the company’s technology and infrastructure to keep pace with growing demand.  

SAM attorneys Ryan Azlein and Gaurav Krishan served as counsel for The Bouqs Company for this transaction.

“Interest from our customers has exceeded our wildest expectations. We are growing 8-10X year-over-year largely based on organic channels such as word-of-mouth, social, and referrals,” said John Tabis, CEO & Founder of TheBouqs.com. “We launched this platform to ‘rearrange’ the global $50B+ flower industry, and it’s thrilling to see both consumers and flower farms enjoying our simpler and more elegant platform for flower delivery. This new infusion of capital and a great set of advisors will enable us to expand our operations and Bouqs deliveries to even more households and businesses in the US, and soon around the world.”

To view the full press release, click here.

To view the PandoDaily article covering the deal, click here.

About The Bouqs Company
The Bouqs Company (TheBouqs.com) is a cut-to-order online flower delivery company. Founded by John Tabis and JP Montúfar, the company launched in late 2012 to create an online flower delivery service for the global, modern consumer. TheBouqs.com offers a simple shopping and superior customer service experience, and delivers high-quality, farm-direct, eco-friendly stems with honest and direct pricing. Bouqs are grown on eco-friendly and sustainable farms located 10,000 feet above sea level on the side of a volcano situated right on the equator in South America, or on similarly high quality farms along the California coast. For more information on The Bouqs Company, please visit: www.TheBouqs.com or watch the video.

For more information about our Venture Capital & Emerging Growth practice, contact Partner Ryan Azlein at (818) 444-4504 or razlein@stubbsalderton.com

SAM Public Securities Group Boasts Two Public Offering Deals in June

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Stubbs Alderton & Markiles, LLP’s Public Security Practice has had a successful June, closing two public offering deals in the first half of the month.

SAM advised client Resonant Inc. in its initial public offering of 3,105,000 shares of common stock at a price to the public of $6.00 per share.  The deal closed June 3, 2014.  To read the Stubbs Alderton press release, click here.

SAM also advised client Vitesse Semiconductor Corporation (Nasdaq VTSS) in an underwritten public offering of 8,582,076 shares of its common stock at a price to the public of $3.35 per share.  The offering closed on June 17, 2014.  To read the Stubbs Alderton press release, click here.

For more information about our Public Securities Practice, contact Partner John McIlvery at (818) 444-4502 or jmcilvery@stubbsalderton.com

BRAND PROTECTION:  SAM ON THE GROUND IN CHINA

Earlier this month, Brand Development & Content Protection co-chairs Tony Keats and Konrad Gatien attended the annual meetings of the International AntiCounterfeiting Coalition and the International Trademark Association in Hong Kong.  In addition, Tony Keats traveled to Shanghai, Xi’an and Beijing.  During their trip to China, they witnessed several issues that blatantly affect brand protection efforts of high-fashion design and consumer product companies.

DESPITE PRIOR LEGAL SANCTIONS, BEIJING’S SILK MARKET CONTINUES TO OPENLY FLAUNT ITS HIGH VOLUME OF COUNTERFEIT PRODUCT SALES.

Tony Keats  reports on visiting Beijing’s notorious Silk Market Building  with some 1,700 vendors, over 3,000 salespeople, 10 sales floors, and located on seven floors  at Yonganli, in the Chaoyang District. Here, the sales personnel openly flaunt the availability of enormous volumes of counterfeit apparel and luxury goods.  In the prior decade, famous brand owners from Burberry, Louis Vuitton, Chanel  and Gucci, to The North Face and LaCoste had achieved ground-breaking legal successes  obtaining relief against the owner/landlord of Beijing’s Silk Market complex, including obtaining injunctive relief, signage requirements, and even small amounts of damages. However, less than a decade later, this litigation has had little impact as Tony Keats was shown back-rooms of various stores with floor to ceiling inventories of counterfeit luxury products. On the first floor, vendors selling unlicensed apparel were not even hiding the merchandise in backrooms but were openly displaying enormous quantities without any effort to cover up their sales. Tony also reports that dozens of tour buses unloaded anxious buyers at the Silk Market while he was at the market. It is reported that there are approximately 20,000 visitors on the weekdays and between 50,000 to 60,000 shoppers on weekends.

 

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CHINA TRADEMARK OWNER’S BRANDS THE SUBJECT OF COUNTERFEITERS.

It has been suggested that as China develops more of its own famous brands which are counterfeited, that the IP community will see greater enforcement efforts by the authorities in that country.  For example, on May 14, the state paper The China Daily reported that customs officials in  Jiangmen City in  Guangdong Province recently seized nearly 3 million fake batteries with a value of US $90,000. The counterfeits, which were to be shipped to Dubai, have a graphic logo very similar to that of SUNWATT, a famous brand owned by Chinese manufacturer, Guangxi company.

SAM’s Brand Development and Content Protection group was able to assist client Stanley Black & Decker in shutting down a counterfeit battery manufacturer in Fushon City, which was producing counterfeit DeWalt brand batteries used with the companies power tools.

DESPITE NEW CHANGES IN CHINA’S IP LAW, THE ONLY PROOF WILL BE IN WHETHER IT IS VIGOROUSLY ENFORCED.

On May 1, 2014, revisions of the trademark law went into effect. One provision prohibits the use of “well-known trademarks” in advertising and on packaging. The state paper The China Daily reported that the new law was causing a number of companies to change their labels and even destroy products. One Chinese company, Jing Wu Agribusiness Group, a company specializing in food and feed processing, which won the title of most well-known trademark in China in January 2013, has now recalled and destroyed nearly 2 million packages at a cost of approximately US $500,000.

CHINA STATE AUTHORITIES CONTINUE TO TOUT THEIR ENFORCEMENT EFFORTS.

The state China Intellectual Property News proclaimed that agencies nationwide investigated more than 4,700 intellectual property infringements in the first quarter of 2014 that had a combined potential retail value of US $43.25 million. Enforcement officials claimed to have checked a wide range of sectors including garments, electric appliances, toys, shoes and furniture. They claim in March alone, 183 shipments of food and six shipments of cosmetics were proven counterfeit, then destroyed or returned to exporters. These efforts are at best a step in the right direction but a paltry amount in light of the size of the Chinese counterfeiting problem.

It was reported by The China Daily on May 21st, that a district court in Beijing handed jail and monetary penalties against seven men convicted of illegally offering movies and TV downloads in what was described as China’s largest copyright piracy case.  The president of the company that operated the website siluhd.com was sentenced to five years in jail and fined US $160,200. The other six defendants were given jail sentences ranging from one to three years.  Siluhd.com, founded in 2008, had seven managers and 140 website administrators, becoming the largest portal of pirated movies, TV shows, and music in China. The parent company also had two brick and mortar stores in Beijing. The website had more than 20 million downloads.

For more information about Stubbs Alderton & Markiles’ Brand Development & Content Protection Practice, contact Tony Keats at akeats@stubbsalderton.com or (310) 746-9802, or Konrad Gatien at kgatein@stubbsalderton.com or (310) 746-9810.

SAM Partner Scott Alderton Featured in Entrepreneur.com Article “Find an Attorney Who Will Be in Your Corner With These 3 Tips”

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SAM Co-Founder and Managing Partner, Scott Alderton was featured in today’s Entrepreneur.com article “Find an Attorney Who Will Be in Your Corner With These 3 Tips.”  Author Adam Callinan of Beachwood VC outlines some of the early questions you should be asking and warning signs you should be recognizing when searching for new legal counsel.

Scott Alderton states that you need “a lawyer with a deep contextual understanding of both the substantive nature of your evolutionary path (i.e. they understand and do the exact type of transactions you are going to be engaging in) and a broad understanding of your industry.” 

To read the full article, click here.

For more information on our Emerging Growth practice, and for information about our Start-up Fixed Fee Legal Package, contact Scott Alderton at (818) 444-4501 or salderton@stubbsalderton.com

 

Stubbs Alderton & Markiles Featured in LA Business Journal Article Regarding Tech Growth in the Legal Industry

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The Los Angeles Business Journal featured the recent expansion of Stubbs Alderton & Markiles’ Business Litigation practice in its March 31 edition regarding tech growth in the Los Angeles legal market. To view the full article, click here.

For more information about our Business Ligitation practice, contact SAM Partner Michael Sherman, at masherman@stubbsalderton.com or 818-444-4528.

Stubbs Alderton & Markiles, LLP Expands Firm with Business Litigation Practice Group

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Leading Business Litigation Group Headed by Michael Sherman Joins Firm

Los Angeles, CA (March 11, 2014) – Stubbs Alderton & Markiles, LLP, Southern California’s leading business law firm, has announced that nationally recognized litigator Michael Sherman has joined the firm as a partner in its Sherman Oaks office. Mr. Sherman will lead the firm’s newly-created Business Litigation practice group.

Michael Sherman is an accomplished trial lawyer in high-stakes, “bet-the-company” litigation, and has represented both large and early-stage companies as well as entrepreneurs in all facets of business and complex commercial litigation.    He has evenly split his litigation practice on both the plaintiff and defense side of cases, has first-chaired numerous trials in complex matters in industries as varied as securities, healthcare, environmental, consumer products, technology, project development/finance, advertising, real estate and apparel, and is highly skilled in class actions and unfair competition law.  Michael’s trial skills and courtroom success resulted in his having been named to the “Top 100 Lawyers” in California list, published by the Daily Journal newspaper chain.

“Stubbs Alderton & Markiles has been planning to expand our capabilities by creating a vibrant business litigation practice, and we could not be more excited about having someone of Michael’s stature joining us to do so.  We have worked closely with Michael for many years, often referring our most important litigation matters to him at Bingham McCutchen.  Michael is one of the best litigation attorneys in Los Angeles, and together we are going to build a general litigation practice that is as dynamic, efficient and effective as the transactional practice we have built over the last 12 years.”

The addition of the Business Litigation practice group continues the firm’s strategic expansion in the Southern California market, following the opening of their Santa Monica office and addition of a Brand Development and Content Protection practice in 2012 and 2013, respectively.

“Southern California is one the world’s largest economies.  Its business life-blood is entrepreneurs and start-ups that have grown to become many of the world’s leading businesses.  The partners of Stubbs Alderton & Markiles know that as well as any lawyers.  Managing disputes efficiently and strategically is on occasion the key to success, and that’s what I bring to the Firm.  I’m very excited to participate in the Firm’s continued success.”

Michael has been recognized as a leading trial lawyer by his peers and featured in the press for some of his significant victories on behalf of clients. He is a recent past president of the Los Angeles Chapter of the Association of Business Trial Lawyers. He is a frequent speaker and writer on business litigation and trial advocacy, and has consistently been named to “Best Lawyers in America” in the field of commercial litigation.

Also joining the firm is David Gubman, a seasoned business litigation attorney.  David will join the firm as of counsel in its Sherman Oaks office.  David has big-firm experience and he and Michael have successfully tried cases together.

Please visit www.stubbsalderton.com for complete attorney bios.

About the Stubbs Alderton & Markiles Business Litigation Practice

The Firm’s litigators have significant depth and breadth of resources and a detailed knowledge of clients’ industries and business concerns.  In providing the best possible representation, our litigators appreciate that on occasion disputes may need to be tried to a judge, jury or arbitrator, and that in other instances the client is best served with an early resolution that is designed to preserve business relationships and minimize expense and litigation distraction.

Our litigators have a proven track record for analyzing complex legal and business challenges.  Our attorneys are experienced, innovative and aggressive in their pursuit of strategic outcomes.

Our litigation clients include household name Fortune 500 companies along with middle market, and emerging growth companies.  We seek to make long term relationships with our clients throughout their evolutionary path.  We deliver efficiency and value to every client we serve through a well-defined budget and clear communication about their case.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, intellectual property and business litigation practice groups focusing on the representation of venture backed emerging growth companies, middle market public companies, large technology and Internet companies, entertainment, video games and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, video games, apparel, consumer electronics and medical device sectors. The firm’s mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of the firm.  For more information, please visit www.stubbsalderton.com

Contact:

Heidi Hubbeling
Stubbs Alderton & Markiles, LLP
(310) 746-9803
hhubbeling@stubbsalderton.com

Stubbs Alderton & Markiles, LLP Announces Third Class of Preccelerator Program

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Preccelerator Program begins its third class of companies in Santa Monica

Los Angeles (March 6, 2014) Stubbs Alderton & Markiles, LLP is pleased to announce the admission of a new group of companies to join the third class of its Preccelerator Program in Santa Monica.  The Preccelerator is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space and access to sophisticated legal services, with the objective of helping start-ups grow their idea from business concept to funded startup.

The new participants include:

CardBlanc - a virtual debit card that unlocks an effortless and secure mobile shopping experience for kids 13 and up.

District2.Co – an online community established to service garment industry professionals who are dissatisfied with the sourcing and supply chain deficiencies in the fashion industry.

GoGet! – an App and Marketplace that helps Store Owners and Consumer Users make money by obtaining a marketing commitment from the Store Owner and giving money in small increments to loyal and new customers in exchange for sharing information.

Rally – creators of an automated kiosk network to rent battery packs to smart phone and tablet users.  Rally is a convenient, low-cost and mobile way to charge your device that provides power when you need it, where you need it most.

Team(You), Inc. – a software tool that incentivizes students in classrooms and increases their engagement.

The Program has one additional company that is in stealth mode, and one company from the last class that is continuing with the Preccelerator.

Program Director Ryan Azlein states “We are excited to have this new class of promising startups join our Preccelerator. The recent expansion of our Santa Monica office has allowed us to expand participation in the Preccelerator and enhance the facilities and programs.”

The Preccelerator Program was launched early in 2013 and has had great success with its first and second classes, which resulted in Fleck (fka Splash.io) being accepted into the Portland Incubator Experiment (P.I.E.) for their 12-week incubator program and 3Ten8 joining The Alchemist accelerator program in the Bay area.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton is a business law firm with robust corporate, public securities, mergers and acquisitions and intellectual property practice groups focusing on the representation of venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Their mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of their Firm.

For more information about the Preccelerator Program and to fill out an application, click here or contact Heidi Hubbeling at (310) 746-9803.