Day: October 26, 2022

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‫كلية إدارة الأعمال Euclea: كلية إدارة الأعمال الأكثر ابتكارًا لعولمة التعليم الإداري في الشرق الأوسط

جوائز مجلة جلوبال براندز 2022

الشارقة، الإمارات العربية المتحدة، 26 أكتوبر 2022 / PRNewswire / — كلية Euclea للأعمال هي مؤسسة خاصة تمنح شهادات التعليم العالي، وهي شركة رائدة في مجال البحث والتعليم تقدم مجموعة من التعليم العالي المناسب لجميع أنواع الملفات الشخصية والمهن، مع ألقاب معترف بها من قبل الدولة (ألقاب RNCP ) ووزارة التعليم العالي والبحث والابتكار الفرنسية.

Euclea_Logo

كلية بريتس إمبريال الجامعية، في الشارقة هي أول حرم جامعي خارجي لكلية Euclea للأعمال الشهيرة ومقرها في فرنسا. تم افتتاح أول مساحة تعليمية للجامعة في الشرق الأوسط في مدينة الشارقة للنشر وتضم طلابًا من أكثر من 40 جنسية. إنه حرم جامعي مثير ومتنوع ومتعدد الثقافات يفخر بتوفير تجربة طلابية مع اختلاف.

تقدم كلية إدارة الأعمال Euclea مجموعة واسعة من برامج البكالوريوس والدراسات العليا بما في ذلك: الأعمال الدولية، التسويق الرقمي، الموارد البشرية، إدارة الرعاية الصحية، المحاسبة والمالية، إدارة مشاريع تكنولوجيا المعلومات، تحليلات البيانات الذكاء الاصطناعي، الخدمات اللوجستية وسلسلة التوريد، إدارة الأحداث والرياضة، إدارة الضيافة وغيرها الكثير. بالإضافة إلى جميع المزايا المرتبطة بكونها جامعة فرنسية عالمية المستوى، يمكن للطلاب في حرم الشارقة الاستفادة من جميع الفرص التي توفرها مدينة حديثة سريعة التطور في قلب الشرق الأوسط، مع تجربة الجنسيات والثقافات المتنوعة التي تشكل سكان دبي.

التنقل الدولي هو واحد من القيم التي ترغب كلية إدارة الأعمال Euclea في تطويرها عامًا بعد عام، وبالتالي فهم أهمية عالم واحد متصل عالميًا. يتم تعزيز التنوع في الطلاب في الشتات وأعضاء هيئة التدريس باستمرار. إن أهمية الفرصة لعبور الحواجز وعرض المواهب لأولئك الذين يرحبون بالمواهب تحظى بتقدير كبير. وبالتالي، تسعى كلية إدارة الأعمال جاهدة لإنشاء منصة للتنقل العالمي للمتعلمين إلى الحرم الجامعي عبر القارات بقوة الشراكات التعليمية عبر الوطنية والتقدم.

جامعة عالمية ملتزمة بتلبية احتياجات وطموحات مجموعة متنوعة ثقافيًا ودوليًا من الطلاب، من خلال توفير برامج أكاديمية صعبة مدعومة بالبحوث المبتكرة والممارسة المهنية. تعد كلية إدارة الأعمال Euclea في الشرق الأوسط طلابها ليكونوا أفرادًا محترفين ومهرة مناسبين للعالم الحديث، وملتزمين بالتعلم مدى الحياة وقادرين على المساهمة في المجتمعات التي يعيشون ويعملون فيها.

لمزيد من التفاصيل، تواصل معنا على:

‎ +971 505768345 / +971-522161590
 [email protected]
 www.euclea-b-school.com

الشعار:  https://mma.prnewswire.com/media/1928691/Euclea_Logo.jpg 

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‫iHorizons تعلن عن شراكة جديدة مع Google Cloud

من خلال الجمع بين الخبرة العميقة في مجال iHorizons والبنية التحتية لشبكة Google Cloud وقدراتها الرائدة في مجال الذكاء الاصطناعي والتعلم الآلي والتحليلات، ستساعد هذه الشراكة المؤسسات على زيادة الكفاءة من خلال اتخاذ القفزة الكبيرة التالية في رحلتها الرقمية.

الدوحة، قطر, 26 أكتوبر / تشرين أول 2022/PRNewswire/ — أعلنت iHorizons، وهي شركة رائدة في مجال التكنولوجيا وخدمات تحويل الأعمال، عن شراكة مع Google Cloud، وهي شركة عالمية للتكنولوجيا والابتكار، لتمكين الشركات في جميع أنحاء قطر و SEEMEA من تمكين التحولات السلسة والمخصصة وتقديم حلول خاصة بالصناعة لزيادة الكفاءة من خلال نقل أعباء العمل ذات الأولوية إلى Google Cloud.

مع التحديات الاقتصادية المتزايدة باستمرار وارتفاع التضخم العالمي في أعقاب  COVID-19 ، تواجه المؤسسات ضغوطًا متزايدة للتحول الرقمي لتبسيط العمليات المهمة، وتوفير التكاليف، وتقديم خدمات أكثر كفاءة لعملائها. وبالاستفادة من تقنية  Google  السحابية التي لا مثيل لها جنبًا إلى جنب مع خبرة  iHorizons  العميقة في الصناعة والفهم المؤكد للتحولات المعقدة، فإن هذا التكامل سيمكن الشركات من الابتكار بشكل مستقل وبناء أساس لمستقبل أكثر رقمية. من خلال هذه الشراكة، ستستفيد الشركات من المرونة المعززة والأمن والابتكار الذي تقدمه قدرات كل من الشركتين.

“تقدم  iHorizons ، بصفتها شركة رائدة في مجال التحول الرقمي للأعمال، مجموعة واسعة من الخيارات مع الشركاء في نظامها البيئي لتلبية الاحتياجات المتنوعة لعملائها. من خلال هذا التعاون القوي مع  Google Cloud ، ستساعد المؤسسات في قطر والمنطقة على تقديم حلول جديدة ومبتكرة على نطاق واسع واستخلاص أقصى تأثير تجاري من استثماراتها في  Google Cloud .  وقال محمد تكريتي، الرئيس التنفيذي في  iHorizons : “نحن فخورون للغاية بهذه الشراكة ونتطلع إلى التحديات المقبلة “.

قال غسان كوستا، المدير القطري القطري في Google Cloud : “إن مساعدة الشركات في دفع أهداف النمو والابتكار باستخدام التقنيات السحابية أمر مهم لعمل Google Cloud مع الشركاء  “. “يسعدنا أن نتشارك مع iHorizons وأن نساعد المنظمات في جميع أنحاء قطر و SEEMEA في الوصول إلى التقنيات السحابية والخبرات اللازمة لتحويل أعمالهم رقميًا والابتكار في السحابة.”

نبذة عن iHorizons

iHorizons هي مزود رائد لحلول الأعمال وخدمات التكنولوجيا في جميع أنحاء الشرق الأوسط وشمال أفريقيا والأسواق الناشئة. مقرها في الدوحة، قطر، نحن نساعد المنظمات والشركات والحكومات على تسريع تحول أعمالها لخلق مستقبل رقمي. وتتمثل النتائج النهائية في تحسين تجارب العملاء بشكل جذري وزيادة الكفاءة التشغيلية. www.ihorizons.com

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Elektros, Inc. (OTC:ELEK) Elektros Files Nonprovisional Application to Complete Full Patent for Multi-Port Charging Assembly

 Elektros (OTC PINK:ELEK), an Emerging Leader in the Electric Mobility space, Today Announced That the Company Has Filed a Nonprovisional Patent Application with the U.S. Patent and Trademark Office.

SUNNY ISLES BEACH, FL / ACCESSWIRE / October 26, 2022 / Elektros Inc. announced today that the company has filed a nonprovisional utility patent application with the U.S. Patent and Trademark Office for the Multi-Port Charging Assembly Technology for electric vehicles. The company worked closely with a renowned law firm out of Brickell, FL that is well-versed in the utility patent approval process within the USPTO. This nonprovisional application brings the technology out of the initial patent pending from 2021 and is the next step forward in completing the patent to advance the technology before other competitors such as Tesla, Inc. step in.

The powerful Multi-Port Charging Assembly allows consumers to use multiple charging features at once in an electric vehicle – an asset that EV manufacturers are already searching for to please consumers.

A nonprovisional patent application is normally considered a regular utility patent application. After filing a nonprovisional application with the USPTO, the utility application is examined and will be granted if it meets the requirements set forth. The patent expires approximately 20 years after the nonprovisional application is filed.

Elektros looks forward to completing the full patent and providing consumers with revolutionary technology that will be in high demand across all electric vehicle manufacturers.

About Elektros, Inc.

Elektros is an American electric transportation company that innovates mobility solutions for consumers and businesses. The automotive landscape faces existential disruption over the next decade to reach carbon neutrality. Elektros addresses this paradigm shift with mobility technologies that support sustainability for a transformative user experience. Elektros aims to present a compelling and completely new electric vehicle experience known as Elektros Sonic to consumers beginning as early as 2023.

Cautionary Language Concerning Forward-Looking Statements

This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential,” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company’s Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Elektros, Inc. IR and Media Inquiries
Email: [email protected]
Website: https://elek.world/

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‫SCG International تطلق العنان لتعطل سلسلة التوريد من خلال حلول شاملة لبناء مركز دبي كمركز توزيع لجنوب آسيا والشرق الأوسط وأفريقيا

بانكوك، 26 أكتوبر 2022 / PRNewswire / — 

SCG International unlocking supply chain disruption through end-to-end solutions Building the Dubai Hub as a distribution centre for South Asia, Middle East and Africa
  • أطلقت SCG International نموذجًا تجاريًا للمساعدة في تعزيز إمكانات التجارة الدولية، سواء على الإنترنت أو عبر الإنترنت. مركز دبي في طور التطوير كمركز لسلسلة التوريد من 21 مكتبًا للشركة في جميع أنحاء العالم، كجزء من خطة لاختراق أسواق جديدة ذات إمكانات عالية في مجموعة SAMEA التي تغطي جنوب آسيا والشرق الأوسط وأفريقيا.
  • تتمثل المهمة في النجاة من الاضطراب والأزمة العالمية في عام 2022. تهدف SCG International إلى أن تصبح شريكًا رائدًا في سلسلة التوريد الدولية مع متوسط نمو طويل الأجل للمبيعات من المتوقع أن يصل إلى 54 مليار بات في عام 2022.

ويشير إلى ذلك السيد أبهيجيت داتا، العضو المنتدب لشركة SCG International Corporation Co. Ltd .

استراتيجيات النمو الثلاث التي تساعد SCG International على تحقيق دورها كشريك موثوق في سلسلة التوريد الدولية هي:

1. حلول سلسلة التوريد الشاملة: ويرجع ذلك إلى شبكة قوية من 21 فرعًا في جميع أنحاء العالم، وأكثر من ‎‎ 40 سنوات من الخبرة، ومنصة التسويق الخاصة بها. مع نظام دعم مالي يساعد في الحفاظ على التدفق النقدي وحجم العرض. “نحن نهدف إلى بلدان SAMEA – أسواق جديدة في جنوب آسيا، ودول الشرق الأوسط في مجلس التعاون الخليجي، وكذلك الدول الأفريقية. يعد النمو الاقتصادي لمجموعة SAMEA من بين أعلى المعدلات في العالم ويمثل عدد سكانها أكثر من 45 في المائة من الإجمالي العالمي، ونحن نبني مركز إدارة المنتجات Dubai Hub في مدينة دبي بالإمارات العربية المتحدة، للمساعدة في تقليل وقت النقل وتكاليف المنتج داخل SAMEA الدول. قال السيد داتا: “إننا ننظر إلى دبي على أنها مدينة يمكنها الاتصال بالصين والهند، وهما مركزًا إنتاج في العالم”.

2. B2B ASEAN E -السوق الإلكتروني: تساعد SCG International شركاءها التجاريين في الوصول إلى مجموعاتهم المستهدفة من خلال المنصة الإلكترونية BIG Thailand ، يركز السوق الافتراضي على المنتجات الزراعية والسيارات التي تستهدف التوسع في السوق في دول الآسيان.

3. الأعمال الخضراء: تتوفر حلول خدمة التنقل الذكي لأعمال السيارات الكهربائية التي تعمل بالبطاريات ( BEV ) والتي تدمج خدمات متنوعة للمساعدة في تحويل أساطيل التنقل لجميع أنواع مستخدمي المؤسسات إلى سيارات كهربائية. أيضًا، لدى SCG International حلول مشتريات لأعمال الطاقة الشمسية، مع التركيز على الواردات والخدمات المتعلقة بأعمال الطاقة الشمسية.

لمزيد من المعلومات، يرجى زيارة الموقع  www.scginternational.com

الصورة –  https://mma.prnewswire.com/media/1928968/367325.jpg

 

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VCGL’s subsidiary secures initial licenses to operate in Saudi Arabia

RIYADH, KSA – Media OutReach – 26 October 2022 – The Capital Market Authority (CMA) of Saudi Arabia has granted initial licenses to Valuable Capital Financial Company (VCFC), a subsidiary of the top tier Hong Kong-based financial institution Valuable Capital Group Limited (VCGL). This makes VCFC the very first and only licensed corporation in the kingdom from Asia to conduct Dealing, Advising and Custody services. VCFC announced that it will provide relevant services shortly after receiving further approval from the CMA.

Saudi Arabia’s financial and trading market is an immense potential sector offering an excellent opportunity for regional and global investors, with the number of individual investors in the Saudi Stock Exchange (Tadawul) reaching six million by the end of Q1, 2022.

VCGL’s expansion into Saudi Arabia aligns with its mission of providing users with integrated, cross-market, and multi-asset investment services through industry-leading financial technology. The company also revealed its plan to launch a new mobile App called ‘Sahm’ that fosters Saudi investors to build global investment portfolios.

‘We have witnessed impressive FinTech innovation and robust capital market growth in the MENA region, especially in the Saudi marketplace, which has great talent and abundant market liquidity,’ said Jess Cheung, Co-founder & CEO of VCGL.

VCGL, the parent company of VCFC, is a leading technology-driven financial solution provider founded in HK, providing comprehensive financial services such as online brokerage, asset and wealth management, and equity financing services to over millions of retail individuals, institutional, and corporate clients globally. Since September 2020, over $19.1 billion in bonds have been issued and underwritten by VCGL, which has also connected over 500 corporations with institutional investors, according to CIC reports.

VCGL’s HK subsidiary, Valuable Capital Limited (VCL), is a licensed corporation holding type 1, 2, 4, 5, and 9 licenses regulated by the Hong Kong SFC, which provides users with integrated, cross-market, and multi-asset global investment service. According to CIC reports, it is the second largest pure-play online broker by total trading volume and MAU in the HK securities market in 2020, with the highest annual compound growth rate of retail deposits from 2018 to 2020.

The group has also established a presence throughout the major markets, including Hong Kong SAR, Mainland China, the United States, Singapore, Australia, and New Zealand. Its U.S. subsidiary is regulated by the United States Securities and Exchange Commission (SEC) and holds membership in the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

eWTP Arabia Capital (eWTPA), another shareholder of VCFC, is a growth-stage venture fund based in Saudi Arabia and China. It is backed by marquee investors – eWTPA Capital and the sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF). It has invested in 16 companies in the digital sector, 13 of which have already established themselves successfully in Saudi Arabia, including the hugely successful Saudi Cloud Computing Company, the kingdom’s leading provider of cloud services and JNT Express KSA, which is now the fastest growing logistics provider in the country.

The collaboration between VCGL and eWTPA is expected to give VCFC unique competitive advantages of creating a powerful investment platform and contribute to Saudi Arabia’s Vision 2030 FinTech strategy.

Media Contacts

Miya Chen

[email protected]

+86-13713738704

Xiaolei Ao

[email protected]

+86-18520801105

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ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Argo Group International Holdings, Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ARGO

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Argo Group International Holdings, Ltd. (NYSE: ARGO) between February 13, 2018 and August 9, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 20, 2022.

SO WHAT: If you purchased Argo Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Argo Group class action, go to https://rosenlegal.com/submit-form/?case_id=9346 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 20, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements regarding the Company’s: (1) ability to set appropriate reserves; (2) changing of its underwriting policies; and (3) writing of policies outside of its “core” business. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Argo Group class action, go to https://rosenlegal.com/submit-form/?case_id=9346 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8682024

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ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Barclays PLC Investors to Secure Counsel Before Important Deadline in Securities Class Action – BCS

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Barclays PLC (NYSE: BCS) between February 18, 2021 and March 25, 2022, both dates inclusive (the “Class Period”), of the important November 22, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Barclays securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Barclays class action, go to https://rosenlegal.com/submit-form/?case_id=8877 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements or omitted material information: (1) in Barclays reported financial statements (which have been restated); (2) by stating that Barclays internal controls over financial reporting were effective (which Barclays has admitted were not effective and had a material weakness); and (3) by failing to disclose the over-issuance, and that Barclays Bank PLC (“BBPLC”), a wholly owned subsidiary of Barclays, was violating U.S. securities laws and/or SEC regulations, subjecting Barclays to legal liability. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Barclays class action, go to https://rosenlegal.com/submit-form/?case_id=8877 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8682158

Posted on

ROSEN, A TOP RANKED FIRM, Encourages Rite Aid Corporation Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – RAD

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Rite Aid Corporation (NYSE: RAD) between April 14, 2022 and September 28, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 19, 2022.

SO WHAT: If you purchased Rite Aid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Rite Aid class action, go to https://rosenlegal.com/submit-form/?case_id=9388 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) despite representations to the contrary, the number of new members (i.e., “lives”) that Elixir’s (a subsidiary of the Company) pharmacy benefit management (“PBM”) services business was adding during the selling season ending on January 1, 2023 was in material decline; (2) Rite Aid was likely to recognize a significant charge for the impairment of goodwill related to Elixir due to a decrease in “lives” covered by Elixir’s PBM services business; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Rite Aid class action, go to https://rosenlegal.com/submit-form/?case_id=9388 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8682154