NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depository Shares (“ADSs”) of TAL Education Group (NYSE: TAL) between June 14, 2022 and March 14, 2023, both dates inclusive (the “Class Period”), of the important May 30, 2023 lead plaintiff deadline.
SO WHAT: If you purchased TAL 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 class action, go to https://rosenlegal.com/submit-form/?case_id=3137 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com 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, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was still providing K9 Academic AST Services; and (2) 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.
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.
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.
NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Hesai Group (NASDAQ: HSAI) pursuant and/or traceable to Company’s initial public offering conduced in February 2023 (the “IPO”). If you wish to serve as lead plaintiff, you must move the Court no later than June 6, 2023.
SO WHAT: If you purchased Hesai 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 Hesai class action, go to https://rosenlegal.com/submit-form/?case_id=13347 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com 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 6, 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, the IPO Registration Statement contained false and/or misleading statements and/or failed to disclose that: (1) Hesai Group’s gross margin decrease was caused by a lower in-house utilization rate; (2) Hesai Group’s gross margin was 30% for the fourth quarter—which was completed over a month before the date of the amended registration statement; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.
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.
Survey finds interest in tech sector stagnates for post-school career while the U.S. continues to attract global talent upon rebounding mobility
RESTON, Va., April 10, 2023 (GLOBE NEWSWIRE) — People thinking about going back to business schools are more interested in enriching their lives than increasing their incomes, according to a survey of prospective students of graduate management education (GME) released by the Graduate Management Admission Council (GMAC), a global association representing leading business schools. Seventy-nine percent of prospective students worldwide are motivated to pursue GME to better their lives and develop their potential—15 percentage points more than the next-best motivator, increasing income.
Furthermore, women, millennials, underrepresented U.S. candidates, and first-generation prospective students are all statistically more likely to indicate post-GME career preference for the government or nonprofit sector, which tends to be more stable and socially engaged though less lucrative than the private sector. Gen Z, on the other hand, are most interested in entering the finance and accounting industry, and about 10 percentage points more likely to cite increasing their incomes and expanding their networks as top motivators for pursuing GME than their older counterparts.
“In response to queries frequently received from our schools, we asked additional questions in our survey this year because meaningful shifts in prospective student demographics are underway. Understanding candidates from Gen Z—now the largest generation applying to business schools—is critical as programs plan for expanding the pipeline down the road,” said Joy Jones, CEO of GMAC. “We want to take a closer look at the trends among women, first-generation, and U.S. underrepresented candidates to equip schools with the knowledge that ensures every talented person can benefit from the best business education for them.”
Full-time MBA programs continue dominance while in-person experience trumps for Gen Z
Since 2019, the two-year MBA has been the preferred program among candidates globally. This year, the one-year MBA surpassed it as the most popular program choice, though the difference remains within the margin of error. Taken together, the full-time MBA of any duration continues to surpass interest in more flexible or executive MBAs and business master’s programs.
Gen Z is most interested in the two-year MBA and millennials are most interested in the one-year MBA. Despite growing up as digital natives, Gen Z also have a strong preference for in-person study, with 80 percent of Gen Z reporting preference for this modality compared to 69 percent of millennials. This could be an indication of where each generation is in their career—older candidates may have more established networks or more responsibilities at work or at home, while younger candidates are more interested in expanding their networks and may have more ease entering and exiting GME.
Flexibility speaks to women candidates as interest in the technology sector stagnates
It is true overall global preference remains with in-person learning. But online—and especially hybrid—programs have made in-roads with groups most likely to benefit from the flexibility they offer, specifically women, first-generation, and millennial candidates.
“There is no doubt that these programs play an important role in the overall equity of graduate management education, attracting candidates who rely on flexible program delivery and may not otherwise pursue a business degree,” said Anthony Wilbon, dean of Howard University’s School of Business and a board member of GMAC.
After graduation, consulting remains the top post-GME industry across generations and regions. Though change may be on the horizon in the number two slot – the technology industry – as Gen Z show more interest in finance and accounting than technology. While data was collected largely before the recent retraction of the tech industry, this year’s results demonstrate underlying challenges with the pipeline of GME candidates interested in tech—namely that Gen Z, women, and underrepresented U.S. candidates are less interested in the field.
The United States remain the top consideration as a study destination
COVID-19 forced people around the world to stay at home, but candidates are again looking to study abroad. Prospective students interested in studying outside of their country of citizenship are up, especially in Europe and Asia/Pacific Islands compared to last year – 84 percent of candidates from Asia are looking to study outside of their country of citizenship compared to 79 percent last year, and 81 percent of candidates from Europe are looking to study outside of their country of citizenship compared to 77 percent last year.
The trends driving candidates to study in places like the United States and Western Europe have not changed since last year. After losing the top spot for a year in 2020, the U.S. remains the most preferred study destination – driven by reputation and perceived career preparation, with 42 percent of respondents indicating interest, followed by Europe (37%) and Canada (9%). While candidates perceive U.S. GME programs as more expensive than others in Europe, Canada, or Australia, candidates also believe there is more financial aid available in the United States.
About the Prospective Student Survey
For more than a decade, the GMAC Prospective Students Survey has provided the world’s graduate business schools with critical insights into the decision-making processes of people currently considering applying to a graduate management education (GME) program. This year’s summary report considers data collected in the 2022 calendar year from 2,710 respondents in 131 countries around the world. Among them, 40 percent are female, 44 percent are younger than 24 years-old, 21 percent are U.S. underrepresented population, and 55 percent majored in a non-business field as undergraduates. The survey continues to explore trends in the candidate pipeline, program preferences, and career goals, with new questions added this year about first-generation candidates, motivations for pursuing graduate management education, and social issues like sustainability and corporate social responsibility. The report also considers the longevity of trends in online and hybrid education and candidate mobility brought on by the COVID-19 pandemic.
About GMAC
The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test (GMAT) exam is the most widely used graduate business school assessment.
More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and GMAC Toursare subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.
To learn more about our work, please visit www.gmac.com
Media Contact:
Teresa Hsu
Sr. Manager, Media Relations
Mobile: 202-390-4180 thsu@gmac.com
HotelRunner, the leading hospitality and travel technologies platform, has launched HotelRunner Elite, an exclusive service designed to add exponential value to independent and chain hotels, helping them overcome the challenges of strategic positioning and yield management.
LONDON, UK / ACCESSWIRE / April 10, 2023 / In a highly competitive landscape, HotelRunner Elite is designed to help accommodation businesses thrive by offering data-driven, innovative, state-of-the-art technology solutions, and dedicated consulting. Analyzing demand, tracking competitors, and charting a roadmap for efficient yield management, Elite allows hospitality professionals to realize a property’s true potential and makes sure they are always winning. HotelRunner Introduces ‘Elite’
In line with its trailblazing persona, the company shifted gears to develop more data-driven and AI-powered platforms like the recently announced Insights and Autopilot. Today, on top of HotelRunner’s end-to-end stellar technology, Elite leverages a suite of additional products, including but not limited to Rate Intelligence, Autopilot, and Insights. All these products and the platform feed on HotelRunner’s immense data and evolve with the help of AI and machine learning.
What makes these benefits truly valuable is encapsulated in three concise yet powerful words: profitability, efficiency, and exclusivity. Members of HotelRunner Elite reap the benefits of cutting-edge technology infrastructure, coupled with the expertise of dedicated revenue managers and hospitality experts who scrutinize vast amounts of data to provide actionable insights and strategic guidance. This exclusive offering provides an unparalleled experience within a select community consisting of a group of best-in-class hospitality professionals.
“At HotelRunner, we’re dedicated to providing innovative solutions that drive growth for the hospitality industry,” said Arden Agopyan, Founder and Managing Partner of HotelRunner. “HotelRunner Elite is a true reflection of our commitment to providing the best service possible by pushing the boundaries. With a suite of data-driven platforms and privileged consultancy, Elite offers a unique value to independent and chain hotels, helping them automate their operations, enhance profitability, and beat the competition. We’re excited to see the incredible results it delivers.”
“HotelRunner has always been a leader in hospitality and travel technologies. Each of the products and features we have recently developed is part of a much larger vision and HotelRunner Elite is an extension of it,” said Ali Beklen, Founder and Managing Partner of HotelRunner. “With this launch, we’re taking our offerings to the next level as part of our commitment to creating a bigger travel economy. Elite is designed to help accommodation businesses with large revenue volumes with a tailor-made solution, unlike any other. We’re confident it will be a game-changer for our partners.”
As in the past decade, HotelRunner is committed to providing maximum value to its partners. The new service is tailored to the unique requirements of the industry, addressing the definitive demands of large and enterprise hotels. With a singular offering, Elite delivers optimal results with a combination of a powerful technology platform, AI, and human touch.
HotelRunner Elite has been in the closed beta program for almost a year and has already been increasing profitability and efficiency of its members. For more information about HotelRunner Elite, visithttps://hotelrunner.com/elite
Five people were killed in a shooting on Monday at a bank in Louisville, in the US state of Kentucky.
“Five people have been confirmed to have been killed inside. At least six were transported to the University of Louisville hospital, including one officer with various injuries,” a police spokesman said in a statement.
“There is no active danger to the public at this time,” the statement added.
The police are conducting an investigation, while no further details have been clarified.
Over the past months, mass killings have become frequent in several US cities, claiming dozens of victims, which led to calls to limit the possession of weapons by civilians.
Iraqi Prime Minister Mohammed Shia’ Al Sudani and Ukrainian President Volodymyr Zelenskyy discussed Monday via phone the bilateral relations between the two countries, and ways to develop them in a way that serves common interests.
During the call, Al Sudani stressed the importance of reaching a peaceful solution in Ukraine, and taking dialogue as a way to end this crisis, which has caused many tragedies.
For his part, Zelenskyy said that Iraq is a pivotal and important country, and he is keen to develop relations with Iraq in all fields.
The Russian Ministry of Defense said Monday that 106 Russian servicemen were returned as part of a prisoner exchange with Ukraine.
In a statement, the ministry stated that the negotiations resulted in the liberation of 106 Russian soldiers, who were captured during the battles in Ukraine.
The statement added that the released soldiers would go on board military transport planes to Moscow for treatment and rehabilitation in the medical institutions of the Russian defense.
The last exchange of prisoners took place between Moscow and Kyiv, on March 7, when the Russian defense announced the return of 90 soldiers.
Secretary General of the Gulf Cooperation Council (GCC), Jassim Mohammed Al-Budaiwi, received at the headquarters of GCC Secretariat General in Riyadh today, Chargé d’Affaires of the Canadian Embassy to the Kingdom of Saudi Arabia, Gwyneth Kutz.
During the meeting, they discussed the memorandum of understanding (MoU) signed in 2016, the joint action plan for strategic dialogue and cooperation in the political, security, health, educational, and energy fields. They also reviewed the key political issues of common concern regionally and internationally.
Assistant Secretary General for Political Affairs and Negotiations at the GCC General Secretariat, Dr. Abdulaziz Hamad Al-uwaishek, attended the meeting.
Secretary General of the Gulf Cooperation Council (GCC), Jassim Mohammed Al-Budaiwi, met today at the headquarters of the GCC Secretariat with the Deputy Minister of Foreign Affairs of the Republic of Turkyie, Ambassador Dr. Burak Akçabar.
During the meeting, Al-Budaiwi stressed the importance of strengthening the strategic dialogue between the GCC and the Republic of Turkyie, and developing, GCC-Turkish cooperation relations in all fields in a way that contributes to serving common interests. This dialogue is part of implementing the framework agreement on economic and technical cooperation signed between the GCC and Turkyie in 2005 and the memorandum of understanding(MoU) for the Strategic Dialogue between them, signed in 2008.
The current international situation and the main challenges and crises in the regional and international arenas were also discussed. It was agreed to intensify the meetings of the joint technical teams that were formed under the framework of the joint action plan between the GCC and Turkyie.
Al-Budaiwi stated that the GCC and Turkyie are looking forward to setting a date for the sixth joint ministerial meeting of the strategic dialogue between the two sides, which will be held at the level of foreign ministers, referring to the decision of the Gulf Ministerial Council at its 155th session on the resumption of the GCC-Turkish dialogue and holding of a joint meeting.
The Assistant Secretary for Political Affairs and Negotiations at the GCC General Secretariat, Dr. Abdulaziz Al-Uwaishek attended the meeting.
The Deputy Minister of Foreign Affairs, Eng. Waleed bin Abdulkarim Al-Khereiji received the Turkish Deputy Minister of Foreign Affairs, Ambassador Burak Akçapar, and the accompanying delegation today at the headquarters of the Foreign Ministry in Riyadh.
The two sides conducted the first round of political consultations between the governments of the two countries, discussing ways to enhance cooperation in various fields. They also discussed intensifying efforts and bilateral coordination to achieve the aspirations of their leaders. Additionally, they discussed key regional and international issues of common concern.
(GMAT