Oragenics, Inc. Announces Change in Management and Board of Directors Oct 30, 2014 07:49PM

TAMPA, Fla.--(BUSINESS WIRE)-- Florida-based biopharmaceutical company Oragenics, Inc. (NYSE MKT: OGEN) has announced that on October 30, 2014 , Dr. John Bonfiglio resigned as Chief Executive Officer, President and director of Oragenics, Inc. to pursue other opportunities.

During the interim period before a new CEO is hired, the Board of Directors will provide direction to the Company, with Dr. Frederick Telling acting as its liaison with management. Mr. Sullivan, the Company’s current CFO, will serve as the Company’s interim principal executive officer to address the vacancy created by Dr. Bonfiglio’s resignation. The Board of Directors has begun the process of finding a permanent successor to Dr. Bonfiglio.

After his resignation, Dr. Bonfiglio stated, “I am pleased to have had the opportunity to be of service to the Company and I remain optimistic about its future and the prospects for lantibiotic development.” Speaking for the Board of Directors, Dr. Telling stated: “Through John’s efforts the Company successfully developed a partnership with Intrexon and obtained substantial financing to advance its lantibiotic development and Company operations, which has positioned the Company for future growth. I want to thank Dr. Bonfiglio for his efforts on behalf of the Company and am confident he will be successful in his future endeavors.”

About Oragenics, Inc.

Oragenics, Inc. is focused on becoming the world leader in novel antibiotics against infectious disease and probiotics for oral health in humans and pets. Oragenics, Inc. has established two exclusive worldwide channel collaborations with Intrexon Corporation Inc. (XON), a synthetic biology company. The collaborations will allow Oragenics access to Intrexon's proprietary technologies with the idea of accelerating the development of much needed new antibiotics that will work against resistant strains of bacteria and new therapeutic probiotics designed to alleviate symptoms from oral diseases. Oragenics also develops, markets and sells proprietary OTC probiotics specifically designed to enhance oral health for humans and pets, under the brand names Evora and ProBiora in more than 13 countries worldwide.

For more information about Oragenics, visit www.oragenics.com. Follow Oragenics on Facebook and Twitter.

Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements that reflect management’s current views with respect to future events and performance. These forward-looking statements are based on management’s beliefs and assumptions and information currently available. The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project” and similar expressions that do not relate solely to historical matters identify forward-looking statements. Investors should be cautious in relying on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed in any such forward-looking statements. These factors include, but are not limited to those described in the filings of Intrexon and Oragenics with the U.S. Securities and Exchange Commission. Any responsibility to update forward-looking statements is expressly disclaimed.

Oragenics, Inc.

Corporate Contact:

Michael Sullivan, 813-286-7900

Chief Financial Officer

msullivan@oragenics.com

or

Investor / Media Contacts:

The Ruth Group

Stephanie Carrington / Aaron Estrada, 646-536-7017/7028

scarrington@theruthgroup.com / aestrada@theruthgroup.com

Source: Oragenics, Inc.


Labor Commissioner Cites Four Bay Area Assisted Living Providers More Than $3 Million for Labor Violations Oct 30, 2014 07:46PM

FREMONT, Calif., Oct. 30, 2014 /PRNewswire-USNewswire/ -- California Labor Commissioner Julie A. Su has issued more than $3 million in citations to four assisted living providers in the San Francisco Bay Area. The investigation uncovered minimum wage, overtime and rest period violations for 89 caregivers working at the four businesses.

The citations issued to Common Destiny Care Homes in Fremont, Abraham Rest Home Inc. and Sanchez-Abraham Corporation of Walnut Creek and Concord, and Florian White Dove Care of Brentwood include:

  • $1,820,551 for wages and premiums underpaid
  • $1,186,308 for liquidated damages
  • $121,550 for civil penalties

Common Destiny Care Homes was fined more than $358,700 on October 24 after an investigation found its 24 residential caregivers were required to work more than 8 hours a day—at times up to 17 hour a day—without being compensated the State mandated minimum wage and overtime pay. Employees received daily rates ranging from $60 to $80 per day, averaging sometimes as little as $5 an hour. 

"Caregivers, like all California employees, must be paid at least the state minimum wage of $9 per hour as well as overtime pay for all the work they perform beyond 8 hours per day," said Christine Baker, Director of the Department of Industrial Relations (DIR). The Labor Commissioner's Office, also known as the Division of Labor Standards Enforcement (DLSE), is a division of DIR.

In the case of the Common Destiny facility, the Labor Commissioner's investigation found that workers were generally required to report for duty the night before their shifts began, and were not paid for the hours spent on site prior to the start of their duties.

Employees were given a sofa bed in a garage as sleeping quarters, and they were frequently required to work, unpaid, during designated sleeping hours when residents required care.

"Working conditions like these will not be tolerated in the State of California," said Labor Commissioner Julie A. Su. "For caregivers, this is a matter of concern not only for the health of the workers but for their ability to provide proper care to those who depend on them.  Workers' well-being is closely tied to the well-being of those they serve.  We encourage all workers to come forward to report violations of labor laws."

The other citations issued on October 24 by the Labor Commissioner totaled more than $996,000 for Abraham Rest Home Inc., $716,000 for Sanchez-Abraham Corporation, and more than $1 million for Florian White Dove Care.

Among its wide-ranging enforcement responsibilities, the Labor Commissioner's office inspects workplaces for wage and hour violations, adjudicates wage claims, enforces prevailing wage rates and apprenticeship standards in public works projects, investigates retaliation complaints, issues licenses and registrations for businesses and educates the public on labor laws.

The most recent information related to California labor laws is available on DIR's website as well as on our Facebook and Twitter pages. Employees with work-related questions or complaints may call the toll-free California Workers' Information Line at (866) 924-9757 for recorded information, in English and Spanish.

For media inquiries contact Erika Monterroza at (510) 286-1164 or Peter Melton at (510) 286-7046.

The California Department of Industrial Relations, established in 1927, protects and improves the health, safety, and economic well-being of over 18 million wage earners, and helps their employers comply with state labor laws. DIR is housed within the Labor & Workforce Development Agency. Non-media inquiries can contact DIR's Communications Call Center at 1-844-LABOR-DIR (1-844-522-6734) for help in locating the appropriate division or program in our department.

SOURCE California Department of Industrial Relations, California Labor Commissioner


The Siegfried Group, LLP Welcomes New Professionals from the West Region for Orientation Oct 30, 2014 07:45PM

WILMINGTON, Del., Oct. 30, 2014 /PRNewswire/ -- The Siegfried Group, LLP recently hosted new professionals from across the United States at the Mandarin Oriental Hotel in Las Vegas, Nevada. The group learned more about the Firm's unique model, various departments and functions, and heard Robert L. Siegfried, Jr., CPA, Chief Executive Officer and President, speak about the Firm's higher purpose.

Photo - http://photos.prnewswire.com/prnh/20141030/155655

Siegfried's New Hire Orientation program is centered on introducing new professionals to the Firm's extraordinary culture. It is a great opportunity to meet members of the Firm's Leadership, the Operations team and other fellow Professional Resources, while enjoying an exciting venue. The four-day program includes sessions on the Firm's structure, Siegfried's Client Service Delivery Model, Professional Resource expectations, as well as interactive presentations from all of the departments throughout the company. The group was able to unwind during cocktail receptions as well as enjoy small group dinners held at some of the finest restaurants in Las Vegas.

In Siegfried's Los Angeles and Denver offices in the West region, the Firm is excited about Ying Lau, Marcel Pineda and Renay Shelton joining the team.

Ying Lau

Ying joins Siegfried's Los Angeles Market as a Director. Previously, she has worked at Sony, where she was Senior Finance Manager for both the accounting and planning groups. She has had over ten years of experience, serving various accounting and finance capacities in the manufacturing, apparel and entertainment industries. She received her BA in Economics at the University of Wisconsin-Madison and Accounting Certificate at University of California, Los Angeles.

Ying is excited to be a part of Siegfried. "I am very excited for the opportunity to work in different industries and markets. The idea that I will get to assist a diverse array of companies while continuing to learn and grow is the most wonderful gift."

When she has time outside of work, Ying loves to be in the mountains. As a rock climber, ice climber, and a mountaineer, her goal is to summit the remaining four California 14er's, mountains in California with at least a 14,000 foot elevation.

Marcel Pineda, CPA

Marcel is a Certified Public Accountant joining Siegfried's Denver Market as a Senior Associate. He joins the Firm from Deloitte, where he gained three years of audit experience, two in New Orleans and one year in Denver. He received his BS in Finance and Masters in Accounting from Tulane University in Louisiana.

Marcel says, "The variety of work and industry experience was what drew me to Siegfried, but the culture and business development opportunities are what really excited me about joining the Siegfried."

In his spare time, Marcel enjoys taking advantage of the great weather Colorado has to offer by participating in various sports leagues, hiking, and camping. Marcel also loves to travel, and while in college participated in a study abroad program in Madrid, Spain for six months.

Renay Shelton

Renay joins Siegfried's Los Angeles Market as a Director. She joins the Firm from Education Management Corporation, where she developed materials and instructed on a collegiate level. Renay received both her BS in Accounting and her MBA in Business from Chancellors University in her home town of Cleveland, Ohio. 

Renay loves to take on out-of-the-box projects as well as new and exciting accounting challenges. According to Renay, "I appreciate the opportunities to progress within The Siegfried Group, and I strive to be a true difference maker within the Firm."

In her leisure time, Renay volunteers as a member of the International Board of Treasury for her Bible Study, and serves as a member of both the National Association of Accountants and the National Association of MBA's.

About The Siegfried Group, LLP

The Siegfried Group is a leading, national CPA firm that helps financial executives with Effective Leadership and Successful Execution. Siegfried provides Leadership Advisory and Talent Delivery services – allowing financial executives to better enhance clarity, prioritization and innovation and matching those leaders with the high-potential financial talent needed to execute initiatives. Siegfried's unique model allows the client to control the project, providing the freedom to complete the project more the way the client wants it…resulting in a better, faster and more cost effective outcome. Siegfried Professionals thrive when primarily working under the direction of the best leaders and helping them with their most important work, allowing Siegfried Professionals' unique intangibles to shine. This combination results in extreme value for its clients and its professionals…better ensuring clients are "Doing the Right Things, Right."

For more information about a career at The Siegfried Group, please visit www.siegfriedcareers.com.

SOURCE The Siegfried Group, LLP


The Siegfried Group, LLP Welcomes New Professionals from the New York Market for New Hire Orientation Oct 30, 2014 07:45PM

WILMINGTON, Del., Oct. 30, 2014 /PRNewswire/ -- The Siegfried Group, LLP recently hosted new professionals from across the United States at the Mandarin Oriental Hotel in Las Vegas, Nevada. The group learned more about the Firm's unique model and various departments and functions, and heard Robert L. Siegfried, Jr., CPA, Chief Executive Officer and President, speak about the Firm's higher purpose.

Photo - http://photos.prnewswire.com/prnh/20141030/155661

Siegfried's New Hire Orientation program is centered on introducing new professionals to the Firm's extraordinary culture. It is a great opportunity to meet members of the Firm's Leadership, the Operations team and other fellow Professional Resources, while enjoying an exciting venue. The four-day program includes sessions on the Firm's structure, Siegfried's Client Service Delivery Model, Professional Resource expectations, as well as interactive presentations from all of the departments throughout the company. The group was able to unwind during cocktail receptions as well as enjoy small group dinners held at some of the finest restaurants in Las Vegas.

In Siegfried's New York Metro office in the Northeast region, the Firm is excited about Martina Featherston and Lauren Sorrentino joining the team.

Martina Featherston, CPA

Martina is a Certified Public Accountant joining the New York Market as a Senior Associate. She joined Siegfried from Deloitte, where she gained over three years of public accounting experience. She received her BS in Accounting and Masters in Taxation from Fordham University.

Martina prides herself on developing long lasting relationships with her clients and colleagues. She does so by utilizing her communication and interpersonal skills to provide the best possible client service. Martina says, "The opportunity to meet a diverse group of Siegfried professionals and clients is what sparked my interest in Siegfried!"

Outside of work, Martina enjoys playing tennis, exercising, and traveling. Martina was the captain of the Fordham women's tennis team!

Lauren Sorrentino, CPA

Lauren is a Certified Public Accountant who recently joined the NY Metro Market as an Associate Manager. She has four years of combined public accounting and industry experience as a Senior Audit Associate at KPMG and Senior Financial Analysis of Technical Accounting and SEC Reporting at Coty Inc. Lauren received her BBA in Accounting and Finance at Villanova University, with a minor in History. 

"I view every new challenge as its own mini adventure," Lauren says. "An opportunity to develop and grow; to go places I've never been before. Siegfried's assignments allow me to work in the type of challenging environment that I strive in, while also providing me access to a vast network of professional relationships."

When not at work, Lauren likes to spend most of her time enjoying the outdoors, traveling, and catching up with close friends. While at Villanova, Lauren played soccer and studied a semester abroad at John Cabot University in Rome, Italy. 

About The Siegfried Group, LLP

The Siegfried Group is a leading, national CPA firm that helps financial executives with Effective Leadership and Successful Execution. Siegfried provides Leadership Advisory and Talent Delivery services – allowing financial executives to better enhance clarity, prioritization and innovation and matching those leaders with the high-potential financial talent needed to execute initiatives. Siegfried's unique model allows the client to control the project, providing the freedom to complete the project more the way the client wants it...resulting in a better, faster and more cost effective outcome. Siegfried Professionals thrive when primarily working under the direction of the best leaders and helping them with their most important work, allowing Siegfried Professionals' unique intangibles to shine. This combination results in extreme value for its clients and its professionals...better ensuring clients are "Doing the Right Things, Right."

For more information about a career at The Siegfried Group, please visit www.siegfriedcareers.com.

 

SOURCE The Siegfried Group, LLP


The Siegfried Group, LLP Welcomes New Professionals from the Houston Market for Orientation Oct 30, 2014 07:45PM

WILMINGTON, Del., Oct. 30, 2014 /PRNewswire/ -- The Siegfried Group, LLP recently hosted new professionals from across the United States at the Mandarin Oriental Hotel in Las Vegas, Nevada. The group learned more about the Firm's unique model, various departments and functions, and heard Robert L. Siegfried, Jr., CPA, Chief Executive Officer and President, speak about the Firm's higher purpose.

Photo - http://photos.prnewswire.com/prnh/20141030/155649

Siegfried's New Hire Orientation program is centered on introducing new professionals to the Firm's extraordinary culture. It is a great opportunity to meet members of the Firm's Leadership, the Operations team and other fellow Professional Resources, while enjoying an exciting venue. The four-day program includes sessions on the Firm's structure, Siegfried's Client Service Delivery Model, Professional Resource expectations, as well as interactive presentations from all of the departments throughout the company. The group was able to unwind during cocktail receptions as well as enjoy small group dinners held at some of the finest restaurants in Las Vegas.

In Siegfried's Houston office in the South region, the Firm is excited about Jason Bailey, Rushil Barua, Maurice Nassar and Eric Pannell joining the team.

Jason Bailey, CPA

Jason is a Certified Public Accountant joining the Houston market as a Senior Associate. Prior to joining the Siegfried Group, Jason was a Senior Associate at KPMG in the Oklahoma City office for over three years. He received his Bachelor's and Master's degrees in Accounting from the University of Oklahoma.

Jason was drawn to Siegfried because of the unique opportunities and extraordinary growth potential. According to Jason, "My high level of motivation and appetite for challenging work fits perfectly with the opportunities presented by Siegfried."

While living in Oklahoma City, Jason was active in the United Way of Central Oklahoma and Junior Achievement, teaching economics and personal finance to local high school students. Outside of work Jason enjoys running, going to his alma mater's football games and reading. 

Rushil Barua, CA

Rushil is a Chartered Accountant who joins the Houston Market as a Senior Associate. Prior to joining Siegfried, he gained four years of public accounting experience at PwC and EY, working primarily on large oil and gas clients across US and Canadian markets. He received his Bachelor of Commerce with Distinction from the University of Calgary in Canada.

According to Rushil, "What drew me to The Siegfried Group, was the ability to gain exposure to a wide variety of industries while learning the workings of various business models. More importantly, I am excited to add value and make meaningful contributions to my clients."

Rushil loves to travel internationally, and thus far has lived across nine cities in six different countries. In his leisure time, he closely follows geo-politics and economics, and enjoys playing squash and swimming recreationally. 

Maurice Nassar

Maurice Nassar joins the Houston Market as a director with over thirteen years of experience in Finance, Accounting, Project Management, and Consulting. He has served in a variety of positions including CFO and as a consultant for companies in several industries including Manufacturing, Distribution, Entertainment, and Oil & Gas. Maurice graduated from Wofford College with a Bachelor's degree in Finance.

Maurice looks forward to bringing his experience and flexibility to the Houston team. "I am excited about continuing to grow and gain new experiences in a thriving market," he says.

Maurice is heavily involved with several organizations including Financial Executives International, where he serves on the board for the Houston Chapter.  He is also active in state and national societies dedicated to preserving Texas and American history.

Eric Pannell, CPA

Eric is a Certified Public Accountant who joins the Firm's Houston Market as an Associate Manager. Prior to joining Siegfried, he gained significant financial reporting (SEC), accounting, and audit experience in lead senior roles with PwC, KPMG, and a multinational, publicly traded financial services/retail company. He received his Bachelors and Masters degrees in Accounting from Oklahoma State University.

Eric's drive, flexibility, and abilities to adapt and learn quickly are what set him apart in the workplace. Eric says, "The variety of compelling work and the potential for projects with interesting clients is what drew me to Siegfried."

When he's not hard at work, Eric enjoys spending time with his family and traveling abroad. Eric is always looking for new opportunities to expand his knowledge, and while in college, he was a member of three different honors societies; Beta Alpha Psi, Phi Kappa Phi and Beta Gamma Sigma.

About The Siegfried Group, LLP

The Siegfried Group is a leading, national CPA firm that helps financial executives with Effective Leadership and Successful Execution. Siegfried provides Leadership Advisory and Talent Delivery services – allowing financial executives to better enhance clarity, prioritization and innovation and matching those leaders with the high-potential financial talent needed to execute initiatives. Siegfried's unique model allows the client to control the project, providing the freedom to complete the project more the way the client wants it...resulting in a better, faster and more cost effective outcome. Siegfried Professionals thrive when primarily working under the direction of the best leaders and helping them with their most important work, allowing Siegfried Professionals' unique intangibles to shine. This combination results in extreme value for its clients and its professionals…better ensuring clients are "Doing the Right Things, Right."

For more information about a career at The Siegfried Group, please visit www.siegfriedcareers.com.

SOURCE The Siegfried Group, LLP


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