Day: April 15, 2023

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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages RH Investors With Losses to Inquire About Class Action Investigation – RH

NEW YORK, April 14, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of RH (NYSE: RH) resulting from allegations that RH may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased RH securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=12982 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 3, 2023, after trading hours, RH filed a current report on Form 8-K with the Securities & Exchange Commission (“SEC”), which announced, in pertinent part, that its “previously unaudited financial statements for the three months ended April 30, 2022, the three and six months ended July 30, 2022, and the three and nine months October 29, 2022 should no longer be relied upon due to material unintentional errors in certain of these financial periods with respect to our calculation of basic and diluted net income per share.”

Further, RH announced that “in connection with the restatement, we determined that we had at least one material weakness in our internal control over financial reporting during the Non-Reliance Periods that continued to exist at January 28, 2023, the end of fiscal 2022. In connection with the material weakness, we have additionally concluded that our disclosure controls and procedures are also not effective.”

On this news, the price of RH’s stock fell $25.19, or 7.3%, on February 6, 2023.

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.

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.

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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 8808241

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LAZR INVESTOR NEWS: ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Luminar Technologies, Inc. Investors to Inquire About Securities Class Action Investigation – LAZR

NEW YORK, April 14, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Luminar Technologies, Inc. (NASDAQ: LAZR) resulting from allegations that Luminar may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Luminar securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=14243 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On or around March 17, 2023, various media outlets reported that the semiconductor developer Lidwave had accused Luminar of attempting to pass off a Lidwave chip as Luminar’s own technology after Luminar displayed an image of the processor at a recent investor conference, as well as in materials on its website. As a result, Lidwave threatened Luminar with legal action. Luminar subsequently removed the images in question from its investor presentation and website.

On this news, Luminar’s stock price fell $0.68 per share, or 8.02%, to close at $7.80 per share on March 20, 2023.

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. 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.

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 8808248

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G7 countries to discuss the essential contribution of nuclear energy to achieving climate and energy security

SAPPORO, Japan, 14th April, 2023 (WAM) The Nuclear Energy Forum, to be held in Sapporo, Japan, this weekend, will bring together industry leaders and senior governmental officials from G7 countries to discuss the essential contribution of nuclear energy to achieving climate and energy security, alongside the meeting of G7 Ministers on climate, energy and environment. The G7 climate, energy and environment ministers are scheduled to meet in Sapporo on April 15-16. The Nuclear Energy Forum will also see the signing of a joint declaration by World Nuclear Association Director General Dr Sama Bilbao y Leon, alongside leaders of five other nuclear trade associations – Canadian Nuclear Association, Japan Atomic Industrial Forum, nucleareurope, Nuclear Energy Institute (US), and Nuclear Industry Association (UK). The declaration will call on governments to support the long-term operation of existing nuclear power plants and accelerate the deployment of new nuclear power plants. Speaking ahead of the Nuclear Energy Forum, Dr Sama Bilbao y Leon said; “A robust global supply chain is essential to enable nuclear energy to grow at the pace required to deliver climate and energy security. Governments should support international cooperation, the development of financial frameworks that incentivize investment in nuclear energy and streamlined international licensing and regulatory paradigms.” Dr Sama Bilbao y Leon will lead the first panel discussion on nuclear energy’s contribution to climate security, with expert panellists from Canada, France, Germany, Japan and the United States. Tariq Al Fahaam

Source: Emirates News Agency (WAM)

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Ministerial ‘consultative’ meeting in Jeddah starts

The ministerial “consultative” meeting hosted by Saudi Arabia Friday began in Jeddah with the participation of representatives of the Gulf Cooperation Council (GCC) member states, Jordan, Egypt and Iraq. Deputy Prime Minister and Foreign Minister Ayman Safadi, who represented Jordan at the meeting, held separate meetings with Arab foreign ministers and discussed ties and developments. Safadi and the Saudi Foreign Minister, Prince Faisal bin Farhan, discussed the “strong” ties between the two kingdoms and ways to enhance joint Arab action and coordinate positions on Arab and regional issues. Safadi met with the Egyptian Foreign Minister Sameh Shukri and Oman’s Foreign Minister, Badr Busaidi. He discussed with his counterparts strengthening cooperation between Jordan, Oman and Egypt. Safadi and the diplomatic advisor to the UAE President, Anwar Gargash, discussed regional and international developments.

Source: Jordan News Agency

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Weather: Partly cloudy to clear and warm with a significant rise in temperature

Weather today in Palestine is partly cloudy to clear and generally warm with a significant rise in temperature to become 2°C above the seasonal average, according to the Palestinian Meteorological Department. Winds are northwesterly to southwesterly, light to moderate, active at times, and sea waves are low. Temperature in the capital, Jerusalem, and Bethlehem is expected to reach a high of 23°C and a low of 14°C, and in Ramallah and Hebron a high of 22°C and a low of 13°C are expected. In Jericho, the Dead Sea, and the Jordan Valley temperature is expected to reach a high of 32°C and a low of 17°C, while it is expected to reach a high of 23°C and a low of 16°C in Gaza and the coastal areas. Another rise in temperature is expected for tomorrow, Sunday, to become 3°C above the seasonal average. Temperature rises again on Monday to become 6°C above the seasonal average, and again on Tuesday to become 8°C above the seasonal average, said the PMD.

Source: Palestine News & Information Agency (WAFA)

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Jeddah consultative meeting affirms centrality of Palestinian cause, need to respect status quo at Al-Aqsa

The Consultative Ministerial Meeting of the Gulf Cooperation Council, Jordan, Egypt, and Iraq held yesterday in Jeddah, Saudi Arabia, affirmed the centrality and priority of the Palestinian cause, condemned illegal Israeli practices, and stressed respect for the status quo at Al-Aqsa Mosque in occupied Jerusalem. It said in its final statement that ‘the ministers emphasized the centrality and priority of the Palestinian cause, and condemned illegal Israeli practices that undermine the two-state solution, and the chances of achieving a just and comprehensive peace based on the two-state solution, which embodies the independent and sovereign Palestinian state with its capital East Jerusalem on the borders of June 4, 1967, and in accordance with the resolutions of international legitimacy and the Arab Peace Initiative.’ The ministers also ‘condemned the Israeli attacks on the blessed Al-Aqsa Mosque / Al-Haram Al-Sharif, and the violation of the sanctity of the holy places, and stressed the need to respect the historical and legal status quo existing therein, and that the blessed Al-Aqsa Mosque / Al-Haram Al-Sharif is a pure place of worship for Muslims,’ stressing that the administration of the Jerusalem Endowments and Al-Aqsa Mosque affairs, which is under Jordanian custodianship, have the ‘exclusive jurisdiction to manage the affairs of the mosque and regulate access to it.’

Source: Palestine News & Information Agency (WAFA)

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Newspapers Review: Prayers at Al-Aqsa on the last Friday of Ramadan, situation in West Bank highlight of dailies

The three Palestinian Arabid dailies published today, al-Quds, al-Hayat al-Jadida, and al-Ayyam, Saturday, highlighted the attendance of a quarter of a million worshippers of the last Friday prayers of Ramadan at Al-Aqsa Mosque in Jerusalem and the general situation in the occupied West Bank. Following are the main headlines of the three dailies: Al-Hayat al-Jadida: A quarter of a million people perform the fourth Friday prayer of Ramadan at Al-Aqsa Injuries during clashes with the occupation forces in Kafr Qaddum, Beit Dajan and Beita Prisoners’ Affairs calls for immediate intervention to release the prisoner Walid Daqqa Fatah on the anniversary of (Marwan) Barghouti’s arrest: The freedom fighter Marwan is a shining patriotic sign and an inspiring model for the masses of our people Education Ministry: Administrative and financial measures against teachers who abstain from work Rajoub: Fatah dealt with the teachers’ demands with national responsibility because it believed in their justice and to ensure the success of the academic year Congressmen call on Biden to stop using US funding to violate human rights in Palestine Patriarch Theophilos III invites Christians to come to the Church of the Holy Sepulcher today to participate in the Holy Light activities An Israeli poll: 69 seats for the opposition and Ben Gvir at the threshold Al-Ayyam: Dozens of injuries during the suppression of the Friday marches A quarter of a million people perform the fourth Friday prayer of Ramadan in Al-Aqsa The occupation forces arrest 18 citizens in Jerusalem Nasrallah: The bet on forming an Israeli-Arab axis in the face of Iran has fallen Rajoub calls on teachers to return to their work after all their demands are met Supporters of Ben Gvir tear up and burn the Palestinian flag in Sheikh Jarrah Thousands of demonstrators in Tehran, Baghdad, Beirut and Damascus to commemorate “Al-Quds (Jerusalem) Day” Indictment of an American soldier in the case of leaking secret intelligence documents Members of the US Congress call on their administration to act in regard to Israel’s practices Israeli websites come under a cyber attack The Israeli army targets Lebanese with smoke bombs on the border Al-Quds: Saudi Arabia hosts expanded talks to end Syria’s isolation and bring it back to the Arab League A quarter of a million people perform the last Friday prayers of Ramadan at Al-Aqsa Today, the Orthodox churches celebrate the Holy Light Injuries during confrontations and marches against settlements Israeli court: Residency of relatives of terrorists cannot be revoked under the pretext of “deterrence” Members of Congress demand that Biden stop using US funding to violate human rights in Palestine Qatar: Intensive contacts with Jordan, Egypt and the US to stop Israeli violations Death and 21 wounded in a Russian bombing of a residential building in eastern Ukraine

Source: Palestine News & Information Agency (WAFA)

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Israeli navy opens fire at Palestinian fishermen sailing off the Gaza coast, forcing them to return to shore

The Israeli navy today opened fire and water hoses at Palestinian fishing boats sailing off the northern Gaza coast and forced them to return to shore, reported WAFA correspondent. He said the navy fired live bullets at the fishing boats and then opened water hoses at them in order to sink them which forced the fishermen to return to the shore to avoid being hit. Fishing is an important living source for Gaza’s two million impoverished population in light of the tight air, land and sea blockade imposed by Israel on the Gaza Strip since 2005.

Source: Palestine News & Information Agency (WAFA)