Day: June 25, 2023

LYLT FINAL DEADLINE ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Alliance Data Systems Corporation n/k/a Bread Financial Holdings, Inc. Investors to Secure Counsel Before Important June 26 Deadline in Securities Class Action – LYLT, LYLTQ

Post author By admin
Post date June 25, 2023

NEW YORK, June 24, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Loyalty Ventures Inc. (NASDAQ: LYLT) (OTC: LYLTQ) between November 8, 2021 and June 7, 2022, both dates inclusive (the “Class Period”), of the important June 26, 2023 lead plaintiff deadline. Loyalty Ventures was created as a result of a November 2021 spinoff from Alliance Data Systems Corporation n/k/a Bread Financial Holdings, Inc., the defendant company in this case. A class action lawsuit has already been filed.

SO WHAT: If you purchased Loyalty Ventures 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 Loyalty Ventures class action, go to https://rosenlegal.com/submit-form/?case_id=6803 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 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Air Miles program suffered from a lack of investment prior to the spinoff; (2) as a result, Sobeys Inc., the second-largest supermarket chain in Canada and the second-largest sponsor in the Air Miles program, had informed defendants it was considering exercising its early termination rights; (3) the threat of Sobeys’ departure loomed throughout 2021 including in the timeframe leading up to the spinoff; (4) defendants expected the departure of any single large sponsor, such as Sobeys, would have “network effect” on the value of the entire Air Miles program; (5) the high leverage and debt service obligations foisted upon Loyalty Ventures, in conjunction with the “network effect” impact on the value of the Air Miles business, threatened the Company’s ability to continue operations; and (6) as a result, defendants’ positive statements about the Company’s financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Loyalty Ventures class action, go to https://rosenlegal.com/submit-form/?case_id=6803 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, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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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 8863795

Press Releases

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Beyond Meat, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – BYND

Post author By admin
Post date June 25, 2023

NEW YORK, June 24, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Beyond Meat, Inc. (NASDAQ: BYND) between May 5, 2020 and October 13, 2022, both dates inclusive (the “Class Period”), of the important July 10, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Beyond Meat 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 Beyond Meat class action, go to https://rosenlegal.com/submit-form/?case_id=16090 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 July 10, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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) Beyond Meat was unable to manufacture its meat substitutes at scale to the specifications of its business partners; (2) Beyond Meat suffered from widespread scaling issues, particularly misalignment and delayed decision-making, which led to corresponding production delays; (3) such issues were exacerbated by Beyond Meat’s disjoined production lines; and (4) these problems led some business partners to balk at the high price of Beyond Meat’s products and express doubts about the Company’s ability to produce them at commercial scale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Beyond Meat class action, go to https://rosenlegal.com/submit-form/?case_id=16090 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.

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/.

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Contact Information:

GlobeNewswire Distribution ID 8863855

Government

People’s Assembly: Raising Syrian flag in Quneitra in 1974 is an important milestone in life of Syrians

Post author By admin
Post date June 25, 2023

People’s Assembly stressed that the 26th of June 1974 was an important milestone in life of the proud Syrian people, and a basic premise in the march of liberating the usurped territories, as the late leader Hafez al-Assad raised Syrian Arab flag in the sky of liberated Quneitra, as the brutal Zionist occupation was defeated.

The Assembly said in a statement on the occasion of the 49th anniversary of raising the Syrian flag, that it recalled a heroic history written by Syrian Army in the face of Zionist enemy, as it was forced to withdraw by the soldiers who formed a unique example in addition to their ability to achieve victory and defeat aggression.

The Assembly added that the people of occupied Syrian Golan resisted and are still resisting Zionist practices with determination to liberate and reject all attempts to annex , the latest of which was the popular uprising in the face of the scheme to annex thousands of agricultural dunams from lands of Golan people to establish giant turbines.

Source: Syrian Arab News Agency

Market

Ambassador Ala presents credentials to Secretary-General of Arab League

Post author By admin
Post date June 25, 2023

Syrian Ambassador Hussam Eddin Ala, presented his credentials to the Secretary-General of the Arab League, Ahmed Aboul Gheit as a permanent representative of Syria to the League.

Following the meeting, Ambassador Ala made a remark, stressing the importance of cooperation and coordination between Syria and the Arab countries to address the challenges facing the Arab nation and its countries.

He pointed out the resumption of Syria’s participation in the meetings of the Arab League will contribute to strengthening this cooperation to serve the higher Arab issues and the interests of the member states.

Ala indicated that the repeated Zionist attacks on the occupied Palestinian territories and in the occupied Syrian Golan constitute one of the most prominent issues that require the strengthening of joint Arab cooperation and coordination.

President Bashar al-Assad issued the Decree No. 126 for the year 2023, which stipulates naming Ambassador Hussam Eddin Ala, as permanent representative of the Syrian Arab Republic to the League of Arab States (LAS).

Source: Syrian Arab News Agency

Market

Syria, Iran discuss economic cooperation

Post author By admin
Post date June 25, 2023

meeting of the heads of the federations of the Syrian Chambers of Industry and Commerce, the President of the Joint Syrian-Iranian Chamber of Commerce and members of the Board of Directors of the Damascus Chamber of Industry and its countryside with the Iranian Ambassador in Damascus Dr. Hussein Akbari and his accompanying delegation from the embassy focused on ways to develop economic cooperation and establish partnerships and investment projects between businessmen from the two countries.

The participants in the meeting, which was held at the headquarters of the Damascus Chamber of Industry and its countryside, discussed a number of issues related to facilitating trade exchange, such as legislative legal systems in customs, customs duties, standard specifications, banking and financial relations, the possibility of creating joint free zones between the two countries, and the establishment of specialized exhibitions and direct sales in Iran with the aim of introducing the Iranian consumer to Syrian product.

The Iranian ambassador in Damascus indicated that the Syrian and Iranian governments focused on strengthening cooperation and creating the legal infrastructure for joint economic work and giving the private sector the opportunity to contribute to solving many economic problems in the two countries.

Source: Syrian Arab News Agency

General

Bus and railway stations are working in normal mode in Voronezh, Kaluga and Lipetsk

Post author By admin
Post date June 25, 2023

All transport restrictions in Russia’s Voronezh, Kaluga and Lipetsk region have been lifted, including those on highways, Russian authorities said on Sunday.

“Lipetsk district government announced that bus and railway stations have resumed working in normal mode in all directions in the district. Tickets are on sale, all destinations are on schedule while some trips have been canceled by transport companies,” RT reported.

“We have decided to lift the restrictions on private vehicles,” said the governor of Kaluga Oblast, Vladislav Shabsha “provided that those on the movement of trucks and buses will be lifted during the day, in coordination with the security services.”

In Voronezh, the authorities confirmed that the bus stations in the province are operating normally and on schedule.

Source: Syrian Arab News Agency

General

Syrian and Russian forces destroy terrorist headquarters and drone launching sites in Idleb countryside

Post author By admin
Post date June 25, 2023

Syrian armed forces, in cooperation with Russian Air Force, destroyed terrorist headquarters, depots and drone launching sites in Idleb countryside, including weapons, ammunition and drones, and eliminated tens of terrorists and injured others.

Defense Ministry said in statement that In response to attacks carried out by armed terrorist groups ,during the past few days ,on Hama and Lattakia countryside, causing the death of number of civilians and material damage to People’s property , the armed forces carried out several operations , in cooperation with Russian Air Force, targeting terrorists’ headquarters and depots in Idleb countryside, in addition to launching sites for drones, destroying those headquarters, including weapons, ammunition and drones, killing dozens of terrorists and injuring others.

The ministry noted that a number of leaders of terrorist groups were killed, including Abd al-Karim Abu Dawud al-Turkistani, Saif Allah Abu Abd al-Haq al-Turkistani, Mustafa Sheikh al-Sit, Abd al-Rahman Saadoun, Abu Karrar, Muhammad Saeed Nasuh, Radwan Ma’tarawi and Mahmoud Sheikh al-Hara.

Source: Syrian Arab News Agency

General

Palestinian Officials Appreciate Custodian of the Two Holy Mosques’ Guests Program’s Invitation to Palestinians to Perform Hajj

Post author By admin
Post date June 25, 2023

The head of the Palestinian mission, representative of the Minister of Awqaf and Religious Affairs, Khalil Al-Rifai, appreciated the Kingdom’s hosting families of martyrs, prisoners, and wounded Palestinians in the Custodian of the Two Holy Mosques Hajj Guests Program, stressing the strong ties between the Kingdom and Palestine.

Munqith Abu Atwan, director of the Prisoners and Ex-Prisoners Affairs Authority, expressed his thanks and gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and HRH Crown Prince for their Islamic role in inviting the Palestinian families to perform the Hajj rituals and for the joy they brought into their hearts, appreciating the role of the Ministry of Islamic Affairs and its supervision of the program in providing best services and warmly welcoming the Palestinian pilgrims since their arrival in the Kingdom.

For his part, the Director of the Industrial Islamic Orphanage Institution in Jerusalem, Hassan Tahboub, thanked the Kingdom for the excellent care and great efforts it provides and harnesses annually for pilgrims worldwide.

Source: Saudi Press Agency

General

Over 72,000 Pilgrims Receive Medical Care in Makkah, Madinah

Post author By admin
Post date June 25, 2023

A total of 72,992 male and female pilgrims have received medical services in hospitals and medical centers of Makkah and Madinah throughout Dhul Qaeda and until the 5th of Dhul Hijjah, 1444 AH.

The pilgrims have received specialized and qualitative medical care, the Ministry of Health said, noting that the provided services included conducting 19 open-heart surgeries and 149 cardiac catheterizations.

Services also included conducting 348 dialysis sessions, and 29 endoscopy operations, the ministry said, adding that 1,449 male and female pilgrims have been admitted to hospitals and 697 patients have benefited from the virtual healthcare services.

During this Hajj season, the ministry has prepared its health institutions to provide the required treatment services to the pilgrims through 32 hospitals and 140 health centers with around 32,000 healthcare practitioners.

It has boosted the total bed capacity in its medical institutions to 6132 beds, while the number of intensive care beds totaled 761 beds and 222 beds have been allocated for heatstroke patients.

The ministry has also allocated medical care centers at the holy sites and Al-Haramain trains and intensified its efforts in the central area of the Grand Mosque.

Moreover, a fleet of 190 ambulances and 16 emergency centers have been deployed at the Jamarat bridge facilities in the holy site of Mina.

Source: Saudi Press Agency

Government

GCAM Helps Media Professionals in Covering Hajj

Post author By admin
Post date June 25, 2023

The General Commission for Audiovisual Media (GCAM) has played an important role in organizing media coverage and issuing licenses to facilitate the work of local and international news outlets in covering Hajj through the I’lam platform for media services.

GCAM received through the I’lam platform more than 350 applications for permits needed by more than 1,200 media professionals, 81 television channels, 25 media production companies, 13 radio stations, 52 newspapers, and 52 international news agencies.

The media covering Hajj presents the rituals associated with it and try to project the pilgrims experience to the world.

Source: Saudi Press Agency