12 May, 2024
1 min read

Amplify Energy Reaches Agreement with US Attorney’s Office to Resolve Matters Associated with Southern California Pipeline Incident

Amplify Energy Corp.

Amplify Energy Corp.

HOUSTON, Aug. 26, 2022 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) today announced that it has reached an agreement with the United States government, subject to court review and approval, to resolve all federal criminal matters involving the Company and its subsidiaries stemming from the October 2021 Southern California Pipeline Incident. As part of the resolution with the United States, Amplify has agreed to plead guilty to one count of misdemeanor negligent discharge of oil in violation of the Clean Water Act. If approved by the Court, Amplify will pay a fine of approximately $7.1 million in installments over a period of three years, serve a term of four years’ probation and reimbursement of governmental agencies approximately $5.8 million for their response to this event. Amplify also has agreed to implement certain compliance measures including installation of a new leak detection system and increased Remote Operated Vehicle inspections of the pipeline.

Martyn Willsher, Amplify’s President and Chief Executive Officer, commented, “From the outset, Amplify Energy has been committed to working cooperatively with the various agencies investigating this incident. We believe this resolution, which is subject to court review and approval, reflects the commitments we made immediately following the incident to impacted parties and is in the best interest of Amplify and its stakeholders. We are committed to safely operating in a way that ensures the protection of the environment and the surrounding communities.”

About Amplify Energy

Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify’s operations are focused in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas / North Louisiana, and the Eagle Ford. For more information, visit www.amplifyenergy.com.

Investor

Read the rest
2 mins read

Relation Insurance Services Acquire the Assets of Insurance Broker Services | Region

WALNUT CREEK, Calif.–(BUSINESS WIRE)–Aug 16, 2022–

Relation Insurance Services (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of California-based Innovative Broker Services. Terms of the transaction were not disclosed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220816005102/en/

Relation Insurance Acquires Innovative Broker Services (Graphic: Business Wire)

Innovative Broker Services offers full-services employee benefits solutions to clients in California and is headquartered in Folsom, CA. Tom Avery will continue to lead Innovative Broker Services under Relation going forward.

“We are thrilled to welcome Tom Avery and his team to Relations,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relations. “Innovative Broker Services brings expertise and added depth to our existing footprint in the California marketplace and we are excited to have them.”

About Relation Insurance Services

Relation Insurance Services is an insurance brokerage that offers superior risk-management and benefits-consulting services across the United States. It is ranked by Insurance Journal within the top 35 largest agencies in the country by revenue and has approximately 1,200 employees across more than 125 locations nationwide. Relation is a privately held corporation backed by Aquiline Capital Partners, a private equity firm based in New York and London investing in businesses globally across financial services and technology. Visitwww.relationinsurance.comfor more information.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220816005102/en/

CONTACT: M&A CONTACT

Tim Hall, EVP & Head of M&A

Relation Insurance Services, Inc.

Q: 312-714-7279

E:[email protected]

Contact for Relation Insurance Services, Inc.

Georgia Williams

[email protected]

(219) 741-9539

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES

SOURCE: Relation Insurance Services, Inc.

Copyright Business Wire 2022.

PUB: 08/16/2022 07:30 AM/DISC: 08/16/2022 07:32 AM

http://www.businesswire.com/news/home/20220816005102/en

Copyright Business Wire 2022.

Read the rest
2 mins read

US Attorney says Hartland Schools has taken action to resolve racial discrimination case

HARTLAND — The United States Attorney’s Office Tuesday announced its has resolved a racial discrimination case from 2021 involving the Hartland Consolidated School District.

The district has already taken steps to “address concerns that were raised during the investigation,” the United States Attorney’s Office for the Eastern District of Michigan announced in a press release.

According to the release, the district has created a diversity, equity and inclusion committee, instituted training for staff and students, edited policies for investigating allegations of harassment, and increased staffing for counseling and social work.

Moving forward, the release said, the district agreed to make changes during the upcoming school year, including conducting a district-wide survey to determine the presence and effects of racial harassment, developing a plan to address concerns raised by the survey, and increasing ways to learn about, investigate and respond to complaints of racial harassment.

United States Attorney Dawn Ison said, “We commend the Hartland Consolidated School District for acknowledging their obligations to remove barriers to ensure that all students can fully engage in the educational process.”

If the resolution terms are followed by the school district, the US Attorney’s Office will conclude its investigation at the end of the 2022-23 school year.

Superintendent Chuck Hughes said he is appreciative of the US Attorney’s Office for investigating the allegations.

“We did what we needed to do, but also know that we can always make sure that we’re assessing the climate for all children to be successful,” he said. “As long as we’re continuing to assess and make sure that every child feels safe and comfortable in the school system, that’s what we should be doing.”

What happened?

In March 2021, then-Hartland senior Tatayana Vanderlaan posted on her Facebook page, saying she was harassed by her peers at school because

Read the rest