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MONDAY DEADLINE ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages Signature Bank Investors With Losses in Excess of $1 Million to Secure Counsel Before Important May 15 Deadline in First Filed Securities Class Action Commenced by the Firm – SBNY, SBNYP

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Signature Bank (OTC: SBNY, SBNYP) between March 2, 2023 and March 12, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023 lead plaintiff deadline, in the securities class action commenced by the Firm.

SO WHAT: If you purchased Signature Bank 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 Signature Bank class action, go to https://rosenlegal.com/submit-form/?case_id=12988 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 15, 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. 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.

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, among other things, that: (1) Signature Bank did not have the strong fundamentals that it represented itself as having in the days immediately prior to its takeover, or otherwise took action that left it susceptible to a takeover by the New York Department of Financial Services (“DFS”); (2) as a result, it became a target for regulatory action by the DFS, and (3) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Signature Bank class action, go to https://rosenlegal.com/submit-form/?case_id=12988 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.

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.

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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8837604

Categories
Press Releases

The Coretec Group to Host a Shareholder Call on May 18 to Provide an Update on its Endurion Battery Development Program for Electric Vehicles

The Company will update its shareholders on its Endurion battery program, discuss the importance of its latest provisional patent, and outline objectives through the rest of 2023

ANN ARBOR, Mich., May 11, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, will host a shareholder call at 10:00 a.m. EST on Thursday, May 18, 2023, to discuss the achievements and progress of its Endurion battery program, while also providing insights into the innovation and commercialization goals the Company seeks to achieve throughout the rest of the year.

Endurion applies the Company’s expertise in silicon nanoparticles to the development of silicon anodes for lithium-ion batteries that charge faster and last longer than the current industry standard. On the call, the Company will discuss the significant progress Endurion has made in recent months, as well as the strategies intended to commercialize its product. These efforts include R&D, developing key partnerships with industry players, and the importance and capabilities of its recently-filed provisional patent. The patent identifies three distinct strategies to extend the life and increase energy density of lithium-ion batteries, with an emphasis on manufacturing scalability.

The Coretec Group will also review other 2023 milestones and events, including hosting an EV industry panel discussion with peer companies, Graphex Group and Blink Charging. Company scientists have also spent productive time attending key industry conferences, such as JCESR and NAATBatt, where they liaised with and learned from many of the brightest minds in the battery sector. The Company worked with outside battery labs, including the University of Michigan Battery Lab and Polaris, where they collaborated with in-house battery development teams on vital new strategies for Endurion.

Chief Executive Officer Matthew Kappers, Chief Technology Officer Dr. Ramez Elgammal, Ph.D., and VP of Partnerships & Development Dr. Michelle Tokarz, Ph.D., will discuss the company’s recent achievements and future plans, in addition to answering questions submitted from the investment community and news media.

To submit questions for the hour-long shareholder call, please send an email to IR@thecoretecgroup.com by 5 p.m. EST on Tuesday, May 16, 2023.

Participants/Audience

Webcast link: https://edge.media-server.com/mmc/p/wd27fpuz
Call link: https://register.vevent.com/register/BIbf6737c841ee42a9b25a7b1291cf013b
Canada dial-in number (Toll Free): 1 833 950 0062
Canada dial-in number (Local): 1 226 828 7575
United States: 1 844 200 6205
United States (Local): 1 646 904 5544
All other locations: 1 929 526 1599
Access code: 642462

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan-based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company’s current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium-ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy-focused products, including solid-state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group’s groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast-paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669-6818

GlobeNewswire Distribution ID 8837706

Categories
General

Kuwait’s Ambassador to KSA Praises Kingdom’s Humanitarian Efforts Worldwide

Kuwaiti Ambassador to the Kingdom of Saudi Arabia Sheikh Hamad bin Jaber Al-Ali Al-Sabah praised the Kingdom’s evacuation efforts for stranded people in Sudan, coinciding with the Kingdom’s announcement of wrapping up the evacuation process, which was carried out under the directives and follow-up of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and, Prime Minister, adding that these efforts demonstrate the global depth of the Kingdom, not only on the political level but also on the global humanitarian aspect.

He also praised the Kingdom’s role in evacuating the Kuwaiti citizens stranded in Sudan in the first vanguard of the Royal Saudi ships, expressing his country’s appreciation and gratitude for the support provided by the Kingdom to facilitate the evacuation of Kuwaiti citizens and secure their safe arrival to Jeddah.

Source: Saudi Press Agency

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General

Tripartite Mechanism Welcomes the Initial Arrangement to Protect Civilians in Sudan

The Tripartite Mechanism comprising the United Nations, the African Union and the Inter-Governmental Authority on Development (IGAD) welcomed the initial arrangement to protect civilians in Sudan.

In a joint press release today, the Tripartite Mechanism welcomed the Sudanese Armed Forces and the Rapid Support Forces signing in Jeddah city yesterday a declaration committing to protect civilians in Sudan, considering it as a first and important step towards alleviation of the humanitarian crisis in Sudan.

The Tripartite Mechanism called on the conflicting Sudanese parties to exert their utmost effort to immediately transfer this commitment to a tangible result on the ground

Source: Saudi Press Agency

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General

OIC Welcomes Signing of Jeddah Declaration on Commitment to Protect Civilians in Sudan

Jeddah-based Organization of Islamic Cooperation (OIC) welcomed the signing of the Jeddah declaration on the commitment to protect civilians in Sudan. In a press release, the Secretary General of OIC, Hissein Brahim Taha, expressed hope that this declaration would constitute an important step towards finally ending the armed dispute in Sudan and enhancing security, peace, and stability in the country.

Taha commended the great good efforts being used by the Kingdom of Saudi Arabia and the United States of America to reach this goal, underscoring the importance of the commitment of the signing parties of the articles of the declaration to guarantee access to humanitarian and health aid to those in need who are suffering from the current humanitarian crisis in Sudan.

He noted the importance of continuing serious work [commitment of working with] within the Saudi-US joint initiative to reach an immediate and permanent ceasefire and a negotiable end to the crisis in Sudan.

The OIC secretary-general called on the Sudanese parties to work towards observing Sudan’s vital national interest of preserving its unity, state’s institutions, security, peace, political stability and economic development.

Source: Saudi Press Agency

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General

Egypt Welcomes “Jeddah Declaration” Signing Between Sudanese Armed Forces and Rapid Support Forces

Egypt welcomed the signing of the Jeddah Declaration by the Sudanese Armed Forces and the Rapid Support Forces as an important step that contributes to providing protection for Sudanese civilians, providing an opportunity for humanitarian and relief aid to arrive, preserving public facilities and utilities, and facilitating evacuations.

In a statement issued by the Ministry of Foreign Affairs today, Egypt expressed its aspiration that the pledges agreed upon would be adhered to and that this step would pave the way for the parties to the conflict, with the help of regional and international mediators and partners, to reach a comprehensive and permanent ceasefire and to resume dialogue, which would contribute to ending the conflict in Sudan.

Egypt praised the efforts made by the Kingdom of Saudi Arabia and the United States of America in encouraging the Sudanese parties to participate in the talks, which stresses the importance and usefulness of concerted efforts to end the current crisis in Sudan as soon as possible.

Source: Saudi Press Agency

Categories
General

Sudanese Armed Forces, Rapid Support Forces Sign Jeddah Declaration Regarding Civilians Protection, Provision Of Humanitarian Aid

The Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) signed the “Jeddah Declaration” regarding the commitment to protect civilians in Sudan, in cooperation with the Kingdom of Saudi Arabia and the United States of America.

The two signatories to the declaration – according to what was reported by the Saudi Press Agency (SPA) – affirmed their core obligations under International Humanitarian Law to facilitate humanitarian action to meet the needs of civilians, and the firm commitment to the sovereignty of Sudan and to preserving its unity and territorial integrity.

They clarified that adhering to the declaration will not affect any legal, security or political status of the signatory parties, nor will it be associated with engaging in any political process.

The “Jeddah Declaration” included agreement that the interests and well-being of the Sudanese people are our top priority and affirm our commitment to ensure that civilians are protected at all times. This includes allowing safe passage for civilians to leave areas of active hostilities on a voluntary basis, in the direction they choose. Both parties also affirmed their commitment to distinguish at all times between civilians and combatants and between civilian objects and military targets. Refrain from any attack that may be expected to cause incidental civilian harm that would be excessive in relation to the concrete and direct military advantage anticipated. Take all feasible precautions to avoid and minimize civilian harm, with an aim to vacate urban centers, including civilian houses. Civilians should not be used as human shields, for example.

The Sudanese Armed Forces and the Rapid Support Forces also agreed in Jeddah to ensure that checkpoints are not used to infringe upon the principle of the freedom of movement for civilians and humanitarian actors. Allow all civilians to voluntarily and safely leave areas of hostilities and any besieged areas. Commit to safeguard the needs and necessities indispensable to the survival of the civilian population, which can include foodstuffs, agricultural areas, crops and livestock. Looting, ransacking, and ravaging are prohibited.

Both parties committed to vacate and refrain from occupying, as well as to respect and protect all public and private facilities, such as hospitals and water and electricity installations, and refrain from using them for military purposes. Committed to respect and protect medical transports such as ambulances and refrain from using them for military purposes. Committed to respect and protect medical personnel and public installations.

The “Jeddah Declaration” stipulated upholding and not hampering the right of civilians to pass and travel via roads and bridges, inside and outside the State of Khartoum. Take all possible measures to collect and evacuate the wounded and sick, including combatants, without discrimination, and allow humanitarian organizations to do so; do not impede medical evacuations, including during active hostilities. Refrain from the recruitment of children and the use of children in hostilities. Refrain from engaging in forced disappearances and arbitrary detention of civilians. Refrain from any form of torture or other cruel, inhumane or degrading treatment, including sexual violence of all kinds.

Both parties agreed to allow and facilitate the rapid and unimpeded passage of humanitarian relief, including medical and surgical equipment, and ensure relief personnel the freedom of movement required for their functions. Refraining from interference with principal humanitarian operations and never accompany side by side humanitarian personnel carrying out humanitarian activities Both parties agreed to prioritize discussions to achieve a short-term ceasefire to facilitate the delivery of emergency humanitarian assistance and restoration of essential services, and announced their commitment to scheduling subsequent expanded discussions to achieve a permanent cessation of hostilities.

Source: Qatar News Agency

Categories
General

Tunisia, Ethiopia Foreign Ministers Discuss Bilateral Relations, Regional Issues

Tunisian Foreign Minister Nabil Ammar discussed, in a phone call, with Ethiopian Foreign Minister Demeke Mekonnen, bilateral relations and ways to develop them.

During the call, views were exchanged on a number of current regional and African issues of common concern.

Ammar renewed Tunisia’s firm stance calling for the necessity of resolving crises and conflicts, through peaceful and amicable means, and through dialogue and consensus.

Source: Qatar News Agency

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General

Summary of Local News Released Thursday

Here is a summary of local news released on Thursday: – HE President of the Republic of Singapore Halimah Yacob met with HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani at The Istana presidential palace in the capital, Singapore, on Thursday.

– HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani met with HE Prime Minister of Singapore Lee Hsien Loong at The Istana presidential palace in the capital, Singapore, on Thursday.

– HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani and HE Prime Minister of the Republic of Singapore Lee Hsien Loong witnessed the signing ceremony of a number of memoranda of understanding (MOU) and cooperation between the governments of the two countries.

– HE Minister of Environment and Climate Change Sheikh Dr. Faleh bin Nasser Ali Al-Thani issued the ministerial decision No. 24 for 2023 regulating the hunting season for certain birds and wild animals.

– HE Governor-General of the Independent State of Papua New Guinea Bob Dadae received credentials of HE Fawzia bint Idris Salman Al Sulaiti as Ambassador Extraordinary and Plenipotentiary of the State of Qatar (non-resident) to Papua New Guinea.

– The Ministry of Labour concluded Thursday the first phase of the practical training program for Qataris from both genders, as well as those with Qatari mothers, as part of the activities of the National program for the Nationalization of jobs in the private sector, which was organized by the ministry in cooperation with companies in the insurance sector for two weeks, with the aim of increasing rates of nationalization in them.

– Qatar National Library (QNL) has been designated as the Middle East and North Africa (MENA) Regional Office for the International Federation of Library Associations and Institutions (IFLA), marking a historic first for the region. The announcement was ratified on the sidelines of the 88th edition of the IFLA General Conference and Assembly in Rotterdam.

– Qatar Sports Investments (QSI), one of the world’s leading sports investment companies and together with the International Padel Federation (FIP) and the Professional Padel Association the founder of Premier Padel and Damm, the owner of Setpoint Events which organises the World Padel Tour (WPT), have reached an historic agreement for the acquisition of WPT by QSI.

– The Qatar Stock Exchange (QSE) index concluded this week’s trading down by 1.96 percent, losing 206.92 points to stand at 10,364, compared to last week’s trading, under the pressure of the real estate sector, which fell by 2.82 percent, transport sector by 2.21 percent, banking and financial sector by 2.07 percent, industrial sector by 1.8 percent, and services and consumer goods by 1.28 percent.

– The President of the Jordanian Publishers Union and Director of the Amman International Book Fair Jabr Abu Fares announced that Qatar has been chosen as guest of honor of the 22nd Amman International Book Fair which will be held for ten days starting September 21.

– The State of Qatar has continued to impress the world with its exceptional sports achievements and successful hosting of numerous international tournaments. Among the most prominent is the FIFA World Cup Qatar 2022. Furthermore, many officials have assumed important positions within international sports federations, elevating Qatar’s reputation on the global sports stage.

– Ministry of Education and Higher Education (MOEHE) launched Thursday its back-to-school campaign under the theme ‘My School is My Second Home’, in cooperation with Mowasalat Company (Karwa).

– President of Muaither SC Dr. Saleh Al Aji emphasized that the aspirations of the first football team in the “Stars Expo League” are significant, despite the loss they faced in the first round against Al Wakrah. He indicated that judging the team and the professional players cannot be based on just one or two matches.

– Defending champions Al Duhail SC hope to continue their momentum when facing league returnee Muaither SC in the second round of the 2023-2024 Qatar Stars League (Expo Stars League).

– Al Duhail coach Hernan Crespo expressed his hope that the team will continue their winnings when they meet Muaither on Friday at Khalifa International Stadium in their 2023-2024 season Expo Stars League (ESL) Week 2 match.

– Al Rayyan coach Leonardo Jardim said Thursday that he has great confidence in his team’s ability to achieve victory in their Friday’s match at Ahmad bin Ali Stadium in their 2023-2024 season Expo Stars League (ESL) Week 2 match against Qatar SC.

– The International Table Tennis Federation announced that Doha will host the General Assembly meeting of the International Federation in 2025, alongside the World Championships Qatar 2025.

Source: Qatar News Agency

Categories
General

Tishreen loses to Saudi al-Shabab 1-3, leaves the tournament

The Tishreen football team went out of 2023 Arab Club Champions Cup held in Saudi Arabia after losing to Saudi Arabia’s Al-Shabab 1-3 in the second leg of the championship qualifiers.

The first leg of the game that brought the two teams together, ended in a positive tie, with each team scoring one goal each.

Source: Syrian Arab News Agency