New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Archer Aviation Inc. (NYSE: ACHR) between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023.

SO WHAT: If you purchased Archer Aviation 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 Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company relied on heavily edited videos of earlier flights to exaggerate the amount of flight testing it had actually performed and the sophistication of its eVTOL aircraft; (2) the Company had misrepresented the nature and profitability of its business partnerships; (3) the Company was unlikely to secure FAA certification in the timeframe it had represented to investors, thereby delaying the start of mass production of its aircraft for commercial sales; (4) accordingly, the Company had overstates its financial position and/or prospects; (5) all of the foregoing, once revealed, was likely to subject the Company to significant financial and/or reputational harm; and (6) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American Coastal Insurance Corporation (NASDAQ: ACIC) resulting from allegations that American Coastal may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased American Coastal securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=19156 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On August 21, 2023, American Coastal issued a press release stating that it “has identified certain errors related to the reporting of discontinued operations for the previously issued unaudited condensed consolidated financial statements for the three months ended March 31, 2023, which errors had the effect of understating the net income for the three months ended March 31, 2023 by approximately $6.4 million. These errors were discovered in the course of preparing [American Coastal’s] interim financial statements for the fiscal quarter ended June 30, 2023, and included errors in [American Coastal’s] accounting for income tax expense primarily relating to the deconsolidation of [American Coastal’s] former subsidiary, United Property & Casualty Insurance Company.” Accordingly, American Coastal determined that the statements at issue should no longer be relied upon.

On this news, American Coastal’s stock price fell $0.38 per share, or 5%, to close at $7.22 per share on August 22, 2023.

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. 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.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

Source link

This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of UiPath, Inc. (NYSE: PATH) between April 21, 2021 and March 30, 2022, both dates inclusive (the “Class Period”), of the important November 6, 2023 lead plaintiff deadline.

SO WHAT: If you purchased UiPath 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 UiPath class action, go to https://rosenlegal.com/submit-form/?case_id=19012 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 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. 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) UiPath had enacted a widespread discounting program prior to its initial public offering (“IPO”), which had the effect of temporarily boosting UiPath’s revenue and annualized recurring revenue (“ARR”) metrics, cannibalizing its future sales, eroding UiPath’s margins, and increasing the risk of client churn; (2) UiPath’s actual total addressable market was not as large as portrayed by defendants, because many companies included in UiPath’s market survey did not need the type of high-cost, high-functionality automation products offered by UiPath; (3) UiPath was losing customers to Microsoft, ServiceNow, SAP, Salesforce, IBM, and other established enterprise software vendors that were building automation into their platforms; (4) UiPath was losing customers due to the increased availability of low-code automation software offered by vendors, such as Microsoft’s Power Automate software, which were capable of addressing the majority of customer use cases at a fraction of the price of UiPath’s products and services; and (5) UiPath was suffering from a loss of channel sales due to strained relationships with UiPath’s partners as a result of increased competition between UiPath and these partners. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the UiPath class action, go to https://rosenlegal.com/submit-form/?case_id=19012 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

Source link

This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

KUALA LUMPUR, MALAYSIA – Media OutReach – 23 September 2023 – To better propagate the spirit of the Asian Games and foster greater understanding among the Asian people of both the Games and China, the “Asian Games Letterbox” is an initiative under the esteemed guidance of the Publicity Department of the CPC Hangzhou Municipal Committee and the Information Office of the Zhejiang Provincial Government; Phoenix Satellite Television and ifeng.com invite local people across multiple nations and regions in Asia to handwrite messages of goodwill for the Asian Games.

“Following this prolonged wait, I firmly believe that the Asian Games Hangzhou 2022 and the city of Hangzhou itself will assuredly bestow upon the entire Asian continent a delightful surprise,” one Chinese expatriate who has been engaged in business in Malaysia for several decades remarked to reporters during their participation in the “Asian Games Letterbox” event.

On September 16, 2023, just one week before the commencement of the Asian Games Hangzhou 2022, the “Asian Games Letterbox” initiative arrived at its third destination, Malaysia. Early that day, the “Asian Games Letterbox” stationed at renowned landmarks such as the Petronas Twin Towers, Merdeka Square, Central Market, The Starhill, and Pavilion KL in Kuala Lumpur, were officially inaugurated in Malaysia. As soon as this event was launched, it rapidly disseminated within the local Malaysian Chinese social circles and across social media platforms, garnering enthusiastic participation from many overseas compatriots and local residents in Malaysia.

During an interview with the “Global Insights”, a Malaysian citizen expressed, “Through the city brochures of Hangzhou, I have gained a deeper understanding of this enchanting city. I hope to have the opportunity to personally visit Hangzhou in the future to experience the allure of this beautiful city. I also wish that, amidst their athletic pursuits, the athletes could visit Hangzhou, feeling the warmth and hospitality of the Chinese people.”

The Asian Games Hangzhou 2022 has seen over 12,500 athletes register for participation, marking the largest-scale Asian Games in history and a monumental sporting extravaganza across the entire Asian continent. Malaysia’s delegation boasts traditional strengths in sports such as badminton and squash, and in this Asian Games Hangzhou 2022, they are setting their sights on gold medals in these disciplines.

A local resident in Malaysia said, “In the past, we had top-tier badminton athletes like Lee Chong Wei, and even though he has retired, I still have faith that our badminton players can achieve outstanding results in this Asian Games Hangzhou 2022; I am well aware of China’s prowess in badminton as well, and I hope that both nations can engage in a head-to-head competition on the field, delivering a splendid match for spectators.”

On the day of the event, thousands of local residents from Malaysia participated in the activity. They inscribe their most heartfelt wishes for the Asian Games Hangzhou 2022 in both Chinese and English upon postcards and cast them into the “Asian Games Letterboxes”. This event will further extend its reach to locations such as Japan and Macau, China. Among the participants, fortunate individuals will have a chance to win tickets to the Asian Games Hangzhou 2022.

The Asian Games Hangzhou 2022 serves not only as the pinnacle stage for athletic competition in Asia but also as an important platform for diplomatic, cultural, and economic exchanges. Outstanding athletes from various Asian countries and regions will contribute to a splendid display of sporting excellence. Moreover, the gathering of countries in Hangzhou will create a beautiful scene of unity and friendship, shaping a stable global order.

Athletes from various countries, traveling from afar, arrive in Hangzhou not only with a resolute determination to excel but also with a mission of fostering friendly exchanges. The spectators from different places worldwide will shower these athletes with the most heartfelt applause.

Hashtag: #AsianGamesLetterbox

The issuer is solely responsible for the content of this announcement.

Source link

This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.