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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors to Secure Counsel Before Important Deadline in Securities Class Action – KIND, KVSB

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II (NYSE: KIND) (NASDAQ: KVSB) between July 6, 2021 and November 8, 2022, both dates inclusive (the “Class Period”), of the important April 29, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Nextdoor Class A 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 Nextdoor class action, go to https://rosenlegal.com/submit-form/?case_id=22886 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 April 29, 2024. 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) Nextdoor’s financial results prior to the merger had been temporarily inflated by the ephemeral effects of the COVID-19 pandemic, which had pulled forward demand for Nextdoor’s platform and cannibalized future advertising revenue growth; (2) rather than being sustained, such growth trends had already begun reversing at the start of the Class Period; (3) Nextdoor’s total addressable market was materially smaller than the 312 million households represented to investors; and (4) by the start of the Class Period, Nextdoor’s most important market – the U.S. market – was already substantially saturated, impairing Nextdoor’s ability to monetize users and increase its average revenue per weekly active user (“ARPU”) or U.S. weekly active users (“WAUs”). When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Nextdoor class action, go to https://rosenlegal.com/submit-form/?case_id=22886 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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/.

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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082712

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KFSH&RC Welcomes Dr. Björn Zoéga as New Deputy CEO

KFSH&RC Welcomes Dr. Björn Zoéga as New Deputy CEO
King Faisal Specialist Hospital and Research Centre (KFSH&RC) is proud to announce the appointment of Dr. Björn Zoéga as Deputy Chief Executive Officer (CEO), effective 01 April 2024. This strategic move is set to accelerate KFSH&RC’s aspiration of becoming a leading healthcare institution on the global stage, leveraging Dr. Zoéga’s notable career and proven track record of leadership in top-tier medical institutions.

RIYADH, Saudi Arabia, April 02, 2024 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital and Research Centre (KFSH&RC) is proud to announce the appointment of Dr. Björn Zoéga as Deputy Chief Executive Officer (CEO), effective 01 April 2024. This strategic move is set to accelerate KFSH&RC’s aspiration of becoming a leading healthcare institution on the global stage, leveraging Dr. Zoéga’s notable career and proven track record of leadership in top-tier medical institutions.

As the former CEO of the internationally renowned Karolinska University Hospital in Sweden, Dr. Zoéga played a pivotal role in upholding the institution’s high standards and global recognition as the second highest rated among European hospitals and seventh best worldwide according to Newsweek’s ranking of the World’s Best Hospitals 2024. His administration at Karolinska was marked by innovative strategies and excellence in healthcare delivery—all which he is posed to enrich within KFSH&RC.

Dr. Zoégabrings decades of healthcare management and clinical expertise to KFSH&RC, having spearheaded operations as CEO of the National University Hospital of Iceland and the Stockholm Spine Center. His experience and faculties in research and education are also invaluable, given his former roles as President and Board Chairman of the EU-Cervical Spine Research Society and Chairman of the Scientific Advisory Board of Alvotech.

As Deputy CEO, Dr. Zoéga will serve as chief lead of KFSH&RC’s healthcare delivery and research and innovation groups, following on the hospital’s commitment to integrating global best practices in healthcare and pursuing cutting-edge medical research and technology.

KFSH&RC extends its invitation to the community, partners, and stakeholders to welcome Dr. Björn Zoéga, as the institution embarks on a promising new chapter in healthcare, committed to fostering a brighter and healthier future for all.

For more information, please contact:

Mr. Essam Al-Zahrani, Media Affairs Acting Head, 0555254429

Mr. Abdullah Al-Awn, Senior Media Editor, 0556294232

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a2fb3b5-9219-4e72-82fd-8f093f22996e

GlobeNewswire Distribution ID 9083029

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‫مؤسسة توني إلوميلو تعلن عن المجموعة العاشرة من برنامج ريادة الأعمال – تمويل 20,000 رائد أعمال في جميع أنحاء أفريقيا

تم الإعلان عن المجموعة العاشرة من برنامج ريادة الأعمال التابع لمؤسسة توني إلوميلو؛ تم تمثيل أكثر من 50 قطاع أعمال من مختلف قطاعات أعمال الزراعة إلى التكنولوجيا؛ تم تمويل 20,000 رائد أعمال من 54 دولة في جميع أنحاء أفريقيا خلال 10 سنوات – وهو ضعف الهدف الأصلي.

لاغوس، نيجيريا-   2 أبريل 2024 – أعلنت مؤسسة توني إلوميلو، المؤسسة الخيرية الرائدة التي تعمل على تمكين رواد الأعمال الأفارقة الشباب من جميع البلدان الأفريقية الأربعة وخمسون، عن رواد الأعمال الناجحين في اختيارها العاشر لبرنامج ريادة الأعمال التابع لمؤسسة توني إلوميلو.
وترفع هذه المجموعة الجديدة عدد رواد الأعمال الأفارقة الشباب الذين تلقوا التمويل والتوجيه ودعم بناء القدرات من المؤسسة إلى 20,000، وهو ضعف الالتزام الأولي. قامت مؤسسة توني إلوميلو بصرف مبلغ 100,000,000 دولار أمريكي مباشرة لرواد الأعمال الأفارقة الشباب، الذين خلقوا أكثر من 400,000 فرصة عمل مباشرة وغير مباشرة، مما ساهم بشكل كبير في النمو الاقتصادي والتنمية في أفريقيا. 45% من هؤلاء المستفيدين هم من النساء، مما يؤكد التزام المؤسسة بإدماج الجنسين وتحقيق المساواة بينهما.
من بين رواد الأعمال السابقين الذين تم اختيارهم في جميع أنحاء أفريقيا:

  • ستيلا سيجانا (Stella Sigana)، وهي مؤسِسة تقنيات النفايات البديلة من كينيا، تنتج قوالب الوقود عن طريق تحويل النفايات العضوية والفحم من الأحياء الفقيرة، وتخصص جزءًا من الإيرادات لتوفير التعليم والتدريب على المهارات والتوظيف للفتيات المراهقات والشابات اللاتي تتراوح أعمارهن بين 18-24 عامًا. منذ اختيارها، أنشأت ستيلا 12 فرصة عمل، وحققت إيرادات تزيد عن 79,000 دولار، وأعادت تدوير أكثر من 500 طن من النفايات محولة إياها إلى قوالب وقود للطهي. كما عمل نموذج أعمالها على تمكين المئات من رائدات الأعمال في الأحياء الفقيرة في كينيا، وسمح لهن بتأسيس أعمال تجارية من خلال بيع منتجاتها مباشرة إلى مجتمعاتهن، وبالتالي زيادة دخل الأسرة ورفاهتها بشكل كبير.
  • فيتال سونوفو (Vital Sounouvou) من بنين، هو مؤسِس اكسبورتيونتي (Exportunity)، وهي منصة للتجارة الإلكترونية تعمل على تعزيز فرص التصدير للأفارقة من خلال ربط المنتجين بالتجار. ومن خلال شركة اكسبورتيونتي، أشرك سونوفو أكثر من 750 عميلًا، وأنشأ قاعدة بيانات تضم 85,000 شركة تتاجر مع إفريقيا. وقد وظف 32 شخصًا.
  • نورا شينان (Nora Chaynane)، رائدة أعمال مغربية، ومؤسِسة شاين سبيس (Shine Space)، وهي مبادِرة اجتماعية تعليمية تهدف إلى سد الفجوة المعرفية وتوجيه الطلاب نحو المسار الوظيفي الصحيح، تساعد الشباب المغاربة على تطوير المهارات التقنية ومهارات التعامل مع الآخرين بما يتجاوز متطلبات المناهج المدرسية. قامت نورا من خلال شاين سبيس بصقل مهارات أكثر من 2,500 شاب مغربي وتأهيلهم.

منذ إنشائها في عام 2010، كانت مؤسسة توني إلوميلو رائدة في اتباع نهج مبتكر لغرس وتمكين وتعزيز التواصل بين رواد الأعمال الشباب في جميع أنحاء أفريقيا. بالاعتماد مباشرة على رحلة المؤسس توني إلوميلو في ريادة الأعمال، تعمل المؤسسة على جعل الحظ مقسمًا بديموقراطية، ونشر الفرص، من خلال نهج محايد في القطاعات، وقد طورت بنية أساسية مخصصة تصل إلى كل بلد في أفريقيا. تنطلق المؤسسة من فلسفة مؤسسنا المتمثلة في الرأسمالية الأفريقية، والتي تدعو إلى ضرورة قيام القطاع الخاص، وخاصة رواد الأعمال، بدور محوري في تنمية أفريقيا.
إن القدرة القوية للمؤسسة على الوصول إلى رواد الأعمال عبر المناطق الجغرافية والقطاعات مكنتها من إجراء شراكات مبتكرة مع الاتحاد الأوروبي (EU)، وبرنامج الأمم المتحدة الإنمائي (UNDP)، ​​واللجنة الدولية للصليب الأحمر (ICRC)، وحكومة الولايات المتحدة عبر مؤسسة التنمية الأفريقية الأمريكية (USADF)، ومنظمة دول أفريقيا والكاريبي والمحيط الهادئ (OACPS)، والوكالة الفرنسية للتنمية (AFD)، ومؤسسة تمويل التنمية الألمانية (DEG)، والوكالة الألمانية للتعاون الدولي (GIZ)، وبنك التنمية الأفريقي (AfDB)، ووكالة تنمية مدينة سيمي، وجوجل، مع برامج مخصصة بما في ذلك استهداف تمكين المرأة والنمو في الدول غير القوية. بناءً على شراكتها الحالية مع وكالة تنمية مدينة سيمي، ستقوم مؤسسة توني إلوميلو بتمويل 100 رائد أعمال شاب إضافي من جمهورية بنين في عام 2024.
أفاد توني أو. إيلوميلو قائلاً: “في الوقت الذي نحتفل خلاله بعقد من التأثير، أشعر أنني فخور للغاية بالرحلة المذهلة التي شرعنا فيها. يمثل رواد الأعمال لدينا القوة الدافعة وراء التحول الاقتصادي في أفريقيا، ولا تزال مرونتهم وعزمهم وابتكارهم مصدر إلهام لنا جميعًا. أصبح مستقبل قارتنا أكثر إشراقا بسبب جهودهم”.
كجزء من التزام مؤسسة توني إلوميلو بدعم الشباب الأفارقة، فإن الفرص المستمرة التالية مفتوحة حاليًا للطلبات المقدمة من رواد الأعمال الشباب من جميع أنحاء أفريقيا على موقع TEFConnect رابط (https://TEFConnect.com/):

  • مبادرة ريادة الأعمال النسائية من أجل أفريقيا (WE4A)، شراكة بين الاتحاد الأوروبي، والوكالة الألمانية للتعاون الدولي ومؤسسة توني إلوميلو
  • برنامج أجوكا لريادة الأعمال، وهو عبارة عن شراكة بين برنامج الأمم المتحدة الإنمائي ومؤسسة توني إلوميلو في رواندا

يلقى رواد الأعمال الأفارقة تشجيعًا على التقدم لهذه المبادرات لتلقي التدريب، والتوجيه، والوصول إلى الشبكات، والحصول على التمويل.
لمعرفة المزيد عن برنامج ريادة الأعمال التابع لمؤسسة توني إلوميلو “عِقد من التأثير” يرجى الاطلاع من هنا (https://apo-opa.co/3IULYeS). يمكن العثور على قصص نجاح هؤلاء المستفيدين من هنا (https://apo-opa.co/3VzIx4X)، ويمكن الاطلاع على التفاصيل الكاملة للمستفيدين من المؤسسة في جميع أنحاء أفريقيا من هنا (https://apo-opa.co/3TOQCkS). لمزيد من الأفكار حول مبادراتنا المؤثرة، ومراحلنا الأساسية، والقصص التحويلية لرواد الأعمال في جميع أنحاء أفريقيا، تعمق في تقاريرنا السنوية من هنا (https://apo-opa.co/43xk2r6).

تحميل الصورة: https://apo-opa.co/4awNH5N (مؤسسة توني إلوميلو تلعن عن المجموعة العاشرة من برنامج ريادة الأعمال – تمويل 20,000 رائد أعمال في جميع أنحاء أفريقيا)

حول مؤسسة توني إلوميلو

مؤسسة توني إلوميلو هي المؤسسة الخيرية الرائدة التي تعمل على تمكين جيل جديد من رواد الأعمال الأفارقة، والقضاء على الفقر، وتحفيز خلق فرص العمل في جميع البلدان الأفريقية الأربعة وخمسون، وزيادة التمكين الاقتصادي للمرأة. منذ إطلاق برنامج مؤسسة توني إلوميلو لريادة الأعمال في عام 2015، أتاحت المؤسسة إمكانية الوصول إلى أكثر من 1,5 مليون شاب أفريقي في مركزها الرقمي، TEFConnect، وصرفت أكثر من 100 مليون دولار أمريكي تمويلًا مباشرًا لـعدد 20,000 شاب وشابة أفريقية، الذين أنشأوا بشكل جماعي أكثر من 400 ألف فرصة عمل مباشرة وغير مباشرة.

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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SHLS

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Shoals Technologies Group, Inc. (NASDAQ: SHLS) between May 17, 2022 and November 7, 2023, both dates inclusive (the “Class Period”), of the important May 21, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Shoals 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 Shoals class action, go to https://rosenlegal.com/submit-form/?case_id=23563 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or case@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 21, 2024. 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 misrepresented and/or failed to disclose that: (1) Shoals did not deliver electrical balance of systems (“EBOS”) products that met the highest levels of quality and reliability; (2) Shoals had received reports of exposed copper conduit in EBOS wire harnesses in a large number of solar fields and was aware that a significant portion of its wire harnesses had defects; (3) Shoals would have to incur between $60 million to $185 million in costs to remediate the wire shrinkback issue; (4) Shoals had understated its cost of revenue by millions of dollars; and (5) as a result, defendants’ positive statements about Shoals’ 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 Shoals class action, go to https://rosenlegal.com/submit-form/?case_id=23563 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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/.

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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082798

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ROSEN, THE FIRST FILING FIRM, Encourages SSR Mining Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SSRM

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SSR Mining Inc. (NASDAQ: SSRM) between February 23, 2022 and February 27, 2024, both dates inclusive (the “Class Period”), of the important May 17, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased SSR Mining 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 SSR Mining class action, go to https://rosenlegal.com/submit-form/?case_id=23047 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 17, 2024. 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 materially false and/or misleading statements and/or failed to disclose that: (1) defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; (2) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster; and (3) 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 SSR Mining class action, go to https://rosenlegal.com/submit-form/?case_id=23047 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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.

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.

——————————

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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082677

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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Snowflake Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNOW

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Snowflake Inc. (NYSE: SNOW) between September 16, 2020 and March 2, 2022, both dates inclusive (the “Class Period”), of the important April 29, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Snowflake Class A 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 Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 April 29, 2024. 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) Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake’s products and services; (2) Snowflake had provided significant discounts to its customers prior to its initial public offering (“IPO”) that temporarily boosted sales but would not be sustainable after the IPO and/or necessitate platform efficiency adjustments that negatively impacted client consumption and Snowflake’s revenue and profit margins; (3) as a result, Snowflake’s customers were poised to roll over a material amount of unused credits (and thereby cannibalize future sales) at the end of their contracts’ terms or to refuse to renew their contracts at prior consumption levels or at all; and (4) consequently, Snowflake’s product revenue and remaining performance obligations had been artificially inflated leading up to and during the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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/.

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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082646

Categories
Press Releases

ROSEN, LEADING INVESTOR COUNSEL, Encourages Palo Alto Networks, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PANW

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Palo Alto Networks, Inc. (NASDAQ: PANW) between August 18, 2023 and February 20, 2024, both dates inclusive (the “Class Period”), of the important April 26, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Palo Alto 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 Palo Alto class action, go to https://rosenlegal.com/submit-form/?case_id=22789 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 April 26, 2024. 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) Palo Alto’s consolidation and platformization initiatives were not driving increased market share to a significant degree; (2) Palo Alto would need to ramp up platformization and free product offerings to entice customers to adopt more of their platforms; (3) Palo Alto’s high growth in billings was not sustainable; (4) Palo Alto’s new Artificial Intelligence (“AI”) offerings were not facilitating greater platformization and consolidation; and (5) based on the foregoing, defendants lacked a reasonable basis for their positive statements about customer demand, billings, and platformization, as well as related financial results, growth, and prospects. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Palo Alto class action, go to https://rosenlegal.com/submit-form/?case_id=22789 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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/.

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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082637

Categories
General

SAMA: E-Payments Share Reached 70% of Total Payments in 2023


Riyadh: The Saudi Central Bank (SAMA) announced that the share of retail consumer electronic payments -one of the Financial Sector Development Program’s KPIs- reached 70% of total retail payments in 2023, up from 62% in 2022.



This achievement is attributed to the significant growth of payments processed through national payment systems in 2023, which reached 10.8 billion transactions compared to 8.7 billion transactions in 2022.



In recent years, the Kingdom has witnessed rapid growth in the adoption of electronic payments as a result of an integrated, strategic, and collaborative approach across the financial community.



The evolving cost-effective and reliable e-payment system helps enhance transaction efficiency, and support financial stability.



SAMA will continue its efforts to provide payment choices and promote the use of digital payments through further development of the national payments infrastructure and enhancement of payment related services. Additionally, it will work with its partners to facilitate economic activities.





Source: Saudi Press Agency



Categories
General

Israeli Entity Continues Bombing Southern Lebanon

Beirut, The Israeli entity intensified its bombing of villages and towns in southern Lebanon.

Field sources reported that Israeli warplanes carried out two raids targeting the town of Khiam, while another air strike with four missiles targeting the town of Kafr Kila.

Israeli drones targeted the town of Mays Al-Jabal, and the occupation artillery also targeted the outskirts of the town of Zabqin, the sources added.

The Israeli entity continues its escalation against the towns and villages of southern Lebanon, coinciding with its ongoing aggression on the Gaza Strip since Oct. 7, murdering and injuring tens of thousands of Palestinians and forcing hundreds of families to flee their homes.

Source: Qatar News Agency

Categories
General

Three Students Injured in School Shooting in Finland

Helsinki , A minor opened fire Tuesday at a school in Vantaa outside the Finnish capital Helsinki injuring three others, police said, adding that the attacker was in custody.

The school has around 800 pupils and 90 staff.

Police were alerted to the scene and later specified that both the suspect and the injured were all minors.

The city of Vantaa’s crisis group was activated following the shooting, local media reported.

Police urged the public to stay away from the area and remain indoors.

Source: Qatar News Agency