ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Gaotu Techedu Inc. f/k/a GSX Techedu Inc. Investors with Losses to Secure Counsel Before Important February 28 Deadline in Securities Class Action Commenced by the Firm – GOTU, GSX

NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX) between March 5, 2021 and July 23, 2021, both dates inclusive (the “Class Period”), of the important February 28, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Gaotu 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 Gaotu class action, go to https://rosenlegal.com/submit-form/?case_id=2595 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 February 28, 2023. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) China was barring tutoring for profit in core school subjects and the policy change would restrict foreign investment in a sector that had become essential to success in Chinese school exams; and (2) the impact such regulations would have on Gaotu’s operations and profitability and the value of Company securities. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Gaotu class action, go to https://rosenlegal.com/submit-form/?case_id=2595 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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 8751923

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Sotera Health Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – SHC

NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sotera Health Company (NASDAQ: SHC): (i) pursuant and/or traceable to the Company’s initial public offering (“IPO”) conducted on or around November 20, 2020; (ii) pursuant and/or traceable to the Company’s secondary public offering (“SPO”) conducted on or around March 18, 2021; and/or (iii) between November 20, 2020 and September 19, 2022, inclusive (the “Class Period”), of the important March 27, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Sotera Health securities 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 Sotera Health class action, go to https://rosenlegal.com/submit-form/?case_id=11454 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 March 27, 2023. 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 litigate 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, and in connection with the IPO and the SPO, Sotera Health made false and misleading representations concerning its emissions control systems and exposure to liability from lawsuits for the Company’s failure to limit harmful Ethylene Oxide (“EtO”) emissions. The Company represented that it had “a proactive [environmental, health and safety] program and a culture of safety and quality.” In addition, Sotera Health stated that it employed adequate and effective safeguards to control EtO emissions. Moreover, Sotera Health and its executives vehemently denied allegations that the Company’s EtO emissions from its sterilization facilities caused cancer and other severe health issues in people living in the communities near those facilities.

To join the Sotera Health class action, go to https://rosenlegal.com/submit-form/?case_id=11454 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 8751971

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Honda Motor Co., Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HMC

NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depository Shares (“ADSs”) of Honda Motor Co., Ltd. (NYSE: HMC) between June 20, 2018 and September 28, 2022, both dates inclusive (the “Class Period”) of the important April 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Honda ADSs 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 Honda class action, go to https://rosenlegal.com/submit-form/?case_id=11692 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 April 3, 2023. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Honda had overstated the safety and effectiveness of the Idle Stop engine feature; (2) Honda maintained deficient disclosure controls and procedures with respect to product quality and safety; (3) as a result of the foregoing deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles that contained a defective Idle Stop feature; (4) the foregoing conduct subjected the Company and/or its subsidiaries to a heightened risk of litigation, as well as financial and/or reputational harm; and (5) 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 Honda class action, go to https://rosenlegal.com/submit-form/?case_id=11692 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 8751932

EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Kornit Digital Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KRNT

NEW YORK, Feb. 17, 2023 (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 securities of Kornit Digital Ltd., (NASDAQ: KRNT) between February 17, 2021 and July 5, 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 April 17, 2023.

SO WHAT: If you purchased Kornit 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 Kornit class action, go to https://rosenlegal.com/submit-form/?case_id=12250 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 April 17, 2023. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Kornit and its senior executives knew or, at a minimum, recklessly disregarded, that the Company’s digital printing business was beset by significant quality control problems and deficient customer service; (2) as a result, Kornit was more vulnerable to pressure from competitors than it had represented and lacked the competitive advantages it touted to investors; (3) as a result, problems and deficiencies caused Kornit to lose market share to competitors, which led to a decline in the Company’s revenues, as Kornit’s dissatisfied customers sought out alternative options for their digital printing needs; and (4) to the extent that the Company purported to warn of risks regarding quality and customer service issues as well as increased competition, Kornit failed to disclose that such risks had already materialized. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Kornit class action, go to https://rosenlegal.com/submit-form/?case_id=12250 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 8751936

Sports Minister: We are keen to host major int’l tournaments in various games

Youth and Sports Minister Ashraf Sobhi affirmed utmost keenness on Egypt’s hosting of major international tournaments in various games throughout the year.

The minister also referred to Egypt’s huge sports infrastructure, which is in line with international standards, as well as the luxury hotels in the country, the huge roads network and the distinguished administrative and organizational experiences.

The minister’s remarks came during attending Saturday 18/02/2023 the signing ceremony of an agreement between the International Water Sports Federation and the Egyptian Swimming Federation.

As per the agreement, Egypt will play host to a series of international tournaments in water sports in Hurghada’s Soma Bay.

Three prestigious swimming events will be held in Soma Bay, according to the signed pact.

Soma Bay is always hosting a variety of sports activities and diversified world-class tournaments.

Source: State Information Service Egypt

Gov’t denies cutting exceptional subsidies on ration cards as of March

The Cabinet’s media center denied news about cutting the exceptional subsidies under the ration card system as of March.

In a statement on Saturday 18/02/2023, the center said that it communicated with the Ministry of Supply and Internal Trade, which refuted the news as baseless.

“No decisions were made in this regard,” said the ministry.

The ministry added the exceptional subsidies are still provided in a bid to help the most vulnerable families.

Such reports are meant to disrupt public order and trigger outrage, it said.

It urged all citizens not to be deceived by such reports and to immediately contact the ministry if they have any inquiries

Source: State Information Service Egypt

Kabbag: Red Crescent reflects societies’ needs

Social Solidarity Minister Nivine el Kabbag, who doubles as vice-president of the Egyptian Red Crescent, said the Egyptian Red Crescent is a beacon of hope and a platform of cooperation to fulfill the society’s needs during times of emergencies and crises.

The Red Crescent has the basic elements needed for introducing and supporting sustainable change in local communities through a large-scale network of volunteers and expanded partnerships.

It contributes to creating a resilient community capable of confronting life challenges in a rapidly-changing world, she said.

She made the remarks on Saturday during the opening of the first partnership conference of the Red Crescent which was attended by a number of ambassadors, representatives of international organizations and associations and members of the Red Crescent board.

She said the conference coincides with the Red Crescent’s centennial.

She added that social protection comes at the top of the state’s priorities, noting that just and sustainable development lies at the core Egypt’s policy.

She added that this goes in line with Egypt Vision 2030, noting that the Red Crescent has contributed to several activities aiming at improving the living conditions of people.

She noted that Egyptian Red Crescent volunteers have over the past year offered humanitarian assistance for about three million people in various world countries, including Palestine, Yemen, Lebanon, Somalia, Djibouti, Ukraine, Afghanistan and Syria.

The Egyptian Red Crescent adopts a new strategy for managing crises and using early warning systems in addition to investing in building human capacities, she said, noting that this is not only for Egyptians, but also for those living in Egypt from various nationalities.

She referred to the various healthcare services offered, including vaccination, in addition to psychological and social support.

As for supporting those affected by consecutive economic crises, she referred to launching initiatives for economic empowerment, entrepreneurship in addition to training volunteers in first aid.

She added that the Red Crescent works on promoting social responsibility among young people and volunteers.

She noted that institutional development remains the main catalyst for ensuring quality and sustainability.

She concluded that good financing during the COVID-19 crisis led to reaching out to the largest number of the most needy people and contributed to generating more sustainable local solutions.

Source: State Information Service Egypt