ROSEN, A TOP RANKED LAW FIRM, Encourages Horizon Bancorp, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – HBNC

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminders purchasers of securities of Horizon Bancorp, Inc. (NASDAQ: HBNC) between March 9, 2022 and March 10, 2023, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Horizon 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 Horizon class action, go to https://rosenlegal.com/submit-form/?case_id=12953 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 June 20, 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, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Horizon maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (2) as a result of the foregoing deficiencies, throughout 2022 Horizon issued quarterly financial statements containing errors that would require subsequent revision; (3) restatement of the foregoing financial statements would hinder Horizon’s ability to timely file its annual report for 2022; and (4) as a result, Horizon’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 Horizon class action, go to https://rosenlegal.com/submit-form/?case_id=12953 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 8847653

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Eqonex Limited f/k/a Diginex Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – EQOSQ

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Eqonex Limited f/k/a Diginex Limited (OTC: EQOSQ) securities between March 7, 2022 and November 29, 2022, both dates inclusive (the “Class Period”) and/or unregistered securities between April 8, 2021 and April 20, 2023 (the “Unregistered Securities Class Period”) (collectively, the “Classes”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased EQONEX securities during the Class Period and/or unregistered securities (including EQO Tokens) between April 8, 2021 and April 20, 2023 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 EQONEX class action, go to https://rosenlegal.com/submit-form/?case_id=15304 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 June 20, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants were not interested in leveraging the EQONEX Exchange or deploying resources to strengthen that technology; (2) EQONEX had no way of paying Bifinity, a payments technology company affiliated with Binance, back pursuant to the loan agreement; (3) defendants had no intention of consummating a merger between EQONEX and Bifinity or Binance; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the EQONEX class action, go to https://rosenlegal.com/submit-form/?case_id=15304 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 8847650

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Edgio, Inc. f/k/a Limelight Networks, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – EGIO, LLNW

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Edgio, Inc. f/k/a Limelight Networks, Inc. (NASDAQ: EGIO, LLNW) between February 11, 2021 and March 12, 2023, both dates inclusive (the “Class Period”), of the important June 26, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Edgio 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 Edgio class action, go to https://rosenlegal.com/submit-form/?case_id=13174 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 June 26, 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, defendants made false and/or misleading statements and/or failed to disclose that: (1) the sale of Open Edge equipment should be accounted as financing leases; (2) there were material weaknesses in Edgio’s internal controls over financial reporting related to Open Edge transactions; (3) as a result of the foregoing, the Company’s revenue had been overstated in certain periods; and (4) as a result of the foregoing, defendants’ positive statements about Edgio’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Edgio class action, go to https://rosenlegal.com/submit-form/?case_id=13174 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 8847645

ROSEN, A RESPECTED AND LEADING FIRM, Encourages Teleperformance SE Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – TLPFY

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the American Depositary Receipts (“ADRs”) of Teleperformance SE (OTC: TLPFY) between July 29, 2020 and November 9, 2022, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Teleperformance ADRs 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 Teleperformance class action, go to https://rosenlegal.com/submit-form/?case_id=15278 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 June 20, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Teleperformance’s growth in Core Services had been achieved, in part, by requiring its content moderators to engage in inappropriate, traumatic, abusive, and potentially criminal activities; (2) certain Teleperformance social content moderators had been trained with materials which included illicit images of child sexual exploitation; (3) contraband images had been included in Teleperformance Daily Required Reading reports for its content moderation staff; (4) Teleperformance had failed to safeguard child sexual abuse material and had potentially violated strict rules governing the handling of such materials, including rules relating to the National Center for Missing & Exploited Children; (5) Teleperformance had failed to provide adequate training or emotional and psychological support to content moderators exposed to egregious materials, including those exposed to extreme graphic violence and sexual images; (6) Teleperformance had imposed unreasonable time and performance targets that compounded the occupational trauma suffered by its content moderators; (7) Teleperformance had failed to implement or maintain the working conditions represented to investors, including by subjecting the Company’s content moderation workers to widespread occupational trauma without psychological support, and with paltry pay, punitive salary deductions, extensive surveillance, and aggressive union-busting tactics; and (8) as a result of the foregoing, Teleperformance was subject to a material, undisclosed risk of legal, regulatory, business, and reputational harm if the truth regarding the Company’s content moderation services, treatment of its content moderation workers, and handling of contraband materials was ever publicly revealed. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Teleperformance class action, go to https://rosenlegal.com/submit-form/?case_id=15278 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 8847628

TGT FINAL DEADLINE ALERT: ROSEN, A RESPECTED AND LEADING FIRM, Encourages Target Corporation Investors With Losses in Excess of $100K to Secure Counsel Before Important May 30 Deadline in Securities Class Action – TGT

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Target Corporation (NYSE: TGT) between August 18, 2021 and May 17, 2022, both dates inclusive (the “Class Period”), of the important May 30, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Target common stock 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 Target class action, go to https://rosenlegal.com/submit-form/?case_id=6812 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 May 30, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Target’s strategy for mitigating supply-chain constraints by over-ordering inventory had severely limited the Company’s ability to timely respond to evolving consumer behavior; (2) as a result, the purported “massive influx of insights” gained from the extraordinary heightened demand during the pandemic could not be leveraged by Target to react to rapidly changing trends; and (3) as a result of Target’s inability to timely react to changes in consumer trends, Target’s sales declined and the Company was left with an overabundance of inventory, forcing Target to take large markdowns, and severely impacting the Company’s financial results. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Target class action, go to https://rosenlegal.com/submit-form/?case_id=6812 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 8847621

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Trinseo PLC Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – TSE

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities Trinseo PLC (NYSE: TSE) between May 3, 2021 and March 27, 2023, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Trinseo 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 Trinseo class action, go to https://rosenlegal.com/submit-form/?case_id=13711 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 June 20, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Trinseo’s Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed Trinseo to a heightened risk of a chemical spill or other adverse event; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Trinseo class action, go to https://rosenlegal.com/submit-form/?case_id=13711 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 8847603

ROSEN, GLOBAL INVESTOR COUSNEL, Encourages The Walt Disney Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – DIS

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of The Walt Disney Company (NYSE: DIS) between December 10, 2020 and November 8, 2022, both dates inclusive (the “Class Period”), of the important July 11, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Disney common stock 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 Disney class action, go to https://rosenlegal.com/submit-form/?case_id=16164 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 July 11, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Disney+ was suffering decelerating subscriber growth, losses, and cost overruns; (2) the true costs incurred in connection with Disney+ had been concealed by Disney executives by debuting certain content intended for Disney+ initially on Disney’s legacy distribution channels and then making the shows available on Disney thereafter to improperly shift costs out of the Disney+ segment; (3) Disney Media and Entertainment Distribution (“DMED”) had made platform distribution decisions based not on consumer preference, consumer behavior, or the desire to maximize the size of the audience for the content as represented, but based on the desire to hide the full costs of building Disney+ ‘s content library; (4) Disney was not on track to achieve even the reduced 2024 Disney paid global subscriber and profitability targets, such targets were not achievable, and such estimates lacked a reasonable basis; and (5) defendants had materially misrepresented the actual performance of Disney+, the sustainability of Disney+’s historical growth trends, the profitability of Disney+, and the likelihood that Disney could achieve its 2024 Disney+ subscriber and profitability targets. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Disney class action, go to https://rosenlegal.com/submit-form/?case_id=16164 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 8847600

Cairo masterplan threatens ancient City of the Dead

In the early morning haze, women dressed in black and men with grim expressions gather in Cairo’s centuries-old Sayyida Nafisa cemetery.

But they are not here to bury their relatives. They are here to exhume them.

“This is a double trauma,” says Iman, sobbing as she directs proceedings.

“First my mother – my mentor – passed away last year. Now I am digging up her fresh body and my grandparents’ remains, putting them in sacks, and driving away to rebury them in new graves in the desert.”

Iman’s story is not unusual. In the past two years, the locations of several thousand graves in Historic Cairo, a Unesco World Heritage Site, have been razed. They include some in the famous City of the Dead.

The Egyptian government is clearing a wide area to make way for new main roads and flyover bridges, which it says will improve traffic flow in the sprawling, congested megacity, home to about 20 million people.

These will also connect the heart of the capital with a new administrative one being built 45km (28 miles) to the east, a flagship mega-project costing billions of dollars.

The developments are being pitched as part of an effort to modernise Egypt. Since President Abdul Fattah al-Sisi came to power in 2014, official figures show a total of 7,000km (4,350 miles) of roads and some 900 bridges and tunnels have been built across the country, with military contractors carrying out much of the work.

The authorities insist that none of the many registered monuments in this old part of Cairo, some dating back to the Arab Conquests in the 7th Century, are being damaged and that due respect is being shown to the most important tombs.

“We can’t do anything to harm the graves of people we admire or against monumental areas. We build bridges to avoid this,” President Sisi has said. “We should not give an opening to those who want to tarnish our efforts.”

His officials say that the affected gravesites are mostly from the past century and that compensation is being given.

However, there has been a public outcry over the loss of valuable architecture and a unique cultural heritage in six historic cemeteries where Egypt’s notables have long been buried, often in fancy marble tombs engraved with Arabic calligraphy.

Royals, renowned Islamic scholars, poets, intellectuals and national heroes have not been left to rest in peace.

With his white hair and professional camera, Dr Mostafa El-Sadek makes for a distinctive figure searching the rubble of the demolished graveyards with young volunteers. He is a distinguished obstetrician and university professor who has turned tomb raider.

“I’m so sorry to see the graves of Historic Cairo being removed. We can learn our history from graveyards,” says Dr Sadek, who attempts to salvage headstones and other artefacts. “This is priceless. I believe these treasures should be saved.”

He recounts how this month he caught a glimpse of a stone slab built into a demolished wall containing engravings in Kufic script, an early style of Arabic calligraphy, while searching in Imam Shafei cemetery, across the street from Sayyida Nafisa.

His group carefully removed the tombstone and found it had an inscription for a woman called Umamah, and dated back to the 9th Century.

“The stone was looking at me and I was looking at it. It wanted me to set it free from the wall!” says Dr Sadek fancifully. The tombstone has now been handed over to the ministry of tourism and antiquities in the hope it will go on display in a museum.

Under successive caliphates and Muslim dynasties, the dead of Cairo have been buried in this part of the city, beneath the low range of the Muqattam Hills.

In the past, each well-off family had its own walled plot with a mausoleum set in a leafy garden. Outbuildings were sometimes added to accommodate visiting relatives and were otherwise home to caretakers.

With morticians and gravediggers and their families, and later, tens of thousands of poor Egyptians, coming to live among the tombs, the City of the Dead in particular, came to house an unusual community, which is threatened by the construction.

Some residents have already taken up government offers to move away to rented apartments built on the outskirts of Cairo.

“Unfortunately, Cairo will lose a very precious heritage,” says Galila el-Kadi, an architect who has studied the City of the Dead and its residents since the early 1980s, as well as the other historic cemeteries.

She does not buy the arguments by government ministries about a new masterplan for Cairo.

“They don’t know what is the meaning of heritage, what is the meaning of history,” she complains. “This is an environment that all past rulers have conserved in ancient times and modern times too.”

Property developers have long eyed this prime real estate and, over the years, Ms Kadi has used her research to organise conferences, lobby ministers and set up petitions to try to protect the cemeteries.

This time, even an approach to Unesco has been to no avail, although the agency has expressed concern that the demolitions of tombs and road construction could have “a major impact on the historic urban fabric” of the area.

The remains of Queen Farida – the wife of King Farouk I, who was overthrown in a 1952 coup – were moved to a mosque after her tomb was destroyed.

Also pulled down was the grave of Abdullah Zuhdi, the 19th Century calligrapher whose exquisite works adorn Islam’s two most revered mosques in Mecca and Medina.

There have been some limited victories, such as a recent campaign to save the tomb of the great 20th Century Egyptian novelist and intellectual, Taha Hussein, after his grave was marked with a red “x” for demolition.

However, preservationists point out that the integrity of the area is being lost because remaining tombs and monuments will sit alone below or surrounded by new roads.

“They are creating isolated islands, separated from each other,” Ms Kadi says.

Now, she is devoting her efforts to building up a database of photographs and maps of the area.

“It’s a very bad feeling, but me and my team, and all people who care about the heritage, all that we can do now is preserve the memory of these places,” she goes on. “That’s the only way to transmit it to future generations.”

Back at Sayyida Nafisa cemetery, Iman remains distraught as she disinters her relatives.

She describes how her family was sent a letter asking them to act quickly after the graves were listed for demolition.

“This is a desecration of the dead. I used to find peace of mind visiting my mum buried here with my grandparents,” she says. “When I was sad, I’d come here and talk to her. Plus it was my mum’s final wish to be buried here with her mum and dad.”

The latest round of construction affects 2,600 private graves. Besides the emotional strain, many families complain that the compensation that they are being given does not match the financial costs.

“My grandfather chose to be buried next to this Muslim saint and paid $100,000 [£80,700] in 2019 for this private burial space by Sayyida Nafisa Mosque,” says a woman at another graveside, who asks for her name not to be used.

Her family has been given a new 40 sq m (431 sq ft) burial place of far less value, about 55km outside Cairo.

She says that her feelings of sorrow and bitterness about what is happening to her grandfather’s plot are overlaid with despair at the scale of the destruction.

“These graveyards are just so rich in architecture and art,” she adds, gesturing around her. “The government should not be demolishing them. It should be turning them into open air museums.”

Source: BBC