Sendoso Achieves Record Growth by Increasing its Users from 20,000 to 28,000 in Less than a Year

SAN FRANCISCO, April 26, 2022 (GLOBE NEWSWIRE) — Sendoso, the leading Sending Management Platform, today announced record Q1 growth, reaching an all–time historic platform spend of $85 million and a projected platform spend of $70 million in 2022. With recent customer wins such as Cloudflare, LEVER, Restoration Hardware and Spotify, Sendoso's platform reached a massive milestone of 3 million total lifetime sends during Q1, driven by the 30% YoY growth seen in the first quarter of 2022 and 230% growth in platform spend since 2020. With a jump to 28k users, the company was also recently named an Emerging Unicorn Company by Crunchbase and #5 on G2's Best Software Product for 2022.

As the most established sending platform with the longest history of sending in the industry, Sendoso also continues to expand its carefully curated network of vendors and merchants to offer senders "" and receivers "" even more variety within its global marketplace. New, hand–picked partners "" including Fitbit, Theragun by Therabody, Bellroy, Jane Darcy, Tea Pop, and Goldbelly "" provide unique and diverse offerings to help meet growing customer demand.

"Not only does Sendoso help create meaningful relationships, but the platform is a must have to our marketing stack. We have seen a major ROI on the campaigns we run and our pipeline has been stronger since implementing Sendoso," said Lydia Flocchini, CMO at SurePoint Technologies.

"From day one, our purpose has been to create fulfilling gifting experiences for our customers and those receiving their gifts," said Kris Rudeegraap, CEO and co–founder, Sendoso. "I'm so proud of the momentum we've achieved across the company as it allows us to focus on what matters most – to provide seamless, personalized gifting experiences while building stronger and deeper connections during a time when we all need it most."

In addition to customer and vendor growth, Sendoso remains committed to expanding its own talent across the globe. The company grew by 55% in 2021 globally, with 179 new employees, and is continuing that momentum in 2022 with 195 new hires in Q1 alone. As part of its growth strategy, Sendoso also recently announced it's investing $40 million in a new corporate headquarters in Phoenix, which is expected to open this November and will help enhance collaboration and connection amongst employees in North America.

These milestones showcase Sendoso's continued dedication to combining customer experience with global supply chain expertise, further leading the sending platform category and giving customers even more opportunity to drive revenue with direct sending.

For more information, visit www.sendoso.com.

About Sendoso
Sendoso, the leading Sending Management Platform, helps companies stand out by giving them new ways to engage with customers throughout the buyer's journey. By integrating digital and physical sending strategies, companies can increase the effectiveness of their existing go–to–market programs and improve their relationships with customers. With a global marketplace of highly–curated vendors (over 30,000 gift options), seamless integrations with popular marketing & sales tools (including Salesforce, Oracle, Microsoft, Marketo, and many others), trusted by nearly 1,000 companies, with dedicated logistics and supply chain operations worldwide, Sendoso serves is an essential part of successful demand generation, account–based, and customer experience programs. Founded in 2016, Sendoso is backed by $152M in venture funding and has a global footprint, with a presence in North America, Europe, and Asia Pacific. Learn more at sendoso.com.

Media Contact
Korina Kennedy, Sr. Director of Corporate Communications
korina.kennedy@sendoso.com


GLOBENEWSWIRE (Distribution ID 8528726)

Aella: Creating Solutions to Africa's Problems With Credit

LAGOS, Nigeria, April 26, 2022 (GLOBE NEWSWIRE) — Creating solutions tailored to African problems is crucial in addressing the financial wellness of the continent. The peculiarity of the life patterns of the average African begs one to intentionally design and build mechanisms, to tackle financial illiteracy in the underserved communities. Aella has seized the opportunity to develop solutions to such problems by designing a Debt–as–a–Service model in Nigeria.

With over 300,000 agent clusters, Aella has built a nerve centre to empower businesses with credit infrastructure and business capital. Being one of the foremost micro–business lenders, they have continuously built with initiative and provided software and capital that allows individuals become lenders in minutes. This Debt–as–a–service model is powered by Aella's finance mechanism using decentralized finance.

Aella's partnership with Nomba, formerly known as Kudi: an agency bank in Nigeria is the first official lending partnership that highlights Aella's role as a credit aggregator for agents. Consequently, building more products for them and integrating them into their ecosystem. Nomba has expanded its business by leveraging Aella's credit infrastructure. In six months, Aella has disbursed over $30 million to Nomba agents hitting a milestone.

Another agency lending initiative birthed from Aella's Debt–as–a–service model designed to boost Nigeria's lending ecosystem is its partnership with CrowdForce, a technology–driven agent distribution network. This partnership will see Aella facilitate agents' access to digital financial services for the largely offline population across the country by offering credit. In turn, Aella's credit infrastructure provides over 60,000 agents with funds to scale their businesses.

Ultimately, Aella's credit infrastructure operates in two ways; through asset financing and the debt as a service model. One of Aella's most innovative partnerships is definitely its multimillion–dollar power financing collaboration with Buy Power, a utility payment platform to ease the process of buying electricity for Nigerian residents. Aella's commitment to financial empowerment will enable Nigerians access power, through its diversifying credit solutions for over 6 million customers across the country with Buy Power. This integration will utilize Aella's comprehensive technology platform to provide consumers with the opportunity to buy electricity on credit.

These partnerships are crucial to the overall development of the Nigerian economy and at large the African continent. Aella is introducing cost–effective ways for all classes of Nigerians to access credit. Ready access to credit is key to promoting financial freedom and inclusion, particularly among the underbanked population.

Contact: support@aellacredit.com


GLOBENEWSWIRE (Distribution ID 8529038)

Energy Technology Firm ComboCurve Announces $50M Series B Financing

HOUSTON, April 26, 2022 (GLOBE NEWSWIRE) — ComboCurve, the cloud–based energy analytics and operating platform of choice for many of the world's largest energy companies, announced today that it has raised $50 million through a Series B funding round led by Dragoneer Investment Group and Bessemer Venture Partners. The additional capital comes on the heels of its Series A funding announced less than six months ago.

The Series B capital raise firmly cements ComboCurve as the fastest growing technology company in the energy industry. The additional capital will allow the company to accelerate core product enhancements while expanding into other workflows, including greenhouse gas emissions forecasting, scheduling, and modeling of renewable energy sources.

Since last year's Series A funding round, ComboCurve has quickly become the energy operating platform of choice, boasting 650% year–over–year growth and more than 170 customers with a collective enterprise value exceeding $600 billion. ComboCurve's software was named "Disruptive Technology of the Year" at the 2021 Northam Royalties Assembly Awards.

"ComboCurve was created to solve critical pain points, helping energy companies better manage their forecasting, valuation, reporting and decision–making functions," said Armand Paradis, CEO and Co–Founder, ComboCurve. "Our solution has resulted in widespread adoption by many of the world's leading energy companies, and this investment led by Dragoneer and Bessemer, two of the world's leading technology investment firms, will enable us to engage with additional energy companies to operate more efficiently."

Working in collaboration with energy companies, financial institutions, mineral and royalty firms and private equity groups, ComboCurve's platform unlocks the power of its clients' data with sophisticated software to forecast and report the performance of energy assets and run scenarios with thousands of assumptions in a matter of minutes. Executing on a broader roadmap, ComboCurve's mission is to become the software for energy asset management, including renewables.

“ComboCurve has drastically improved the efficiency, ease, and accuracy of our acquisition efforts and asset management," said Jarret Marcoux, Vice President of Engineering and Acquisitions, Desert Peak. "Our organization is focused on holistic data integration to make informed decisions using the best tools available in the industry, and ComboCurve fits into that strategy perfectly. The speed in which they respond to our needs through feature releases and customer support is unmatched. Because of this, we view them as a true partner rather than simply a software company. ComboCurve has been a refreshing change in an industry littered with antiquated software companies unwilling to innovate, change, or address customer needs."

"ComboCurve is in the early innings of building a truly enduring franchise that is rapidly becoming the software backbone of their customers' day–to–day operations," said Christian Jensen, Partner at Dragoneer Investment Group. "We are excited to partner with Armand and his world–class team as they continue to deepen their suite with existing customers and expand their platform into renewables, emissions reporting, and all corners of the energy market."

"ComboCurve is bringing the energy industry to the cloud and delivering a best–in–class, collaborative solution for energy forecasting, asset management, and more," said Brian Feinstein, Partner at Bessemer Venture Partners. "We're thrilled to be partnering with ComboCurve in their journey to modernize the energy industry in the U.S. and beyond."

About ComboCurve
Headquartered in Houston, ComboCurve is a smart, scalable energy tech company that provides decision makers the ability to value assets, de–risk decisions and save time through an intuitive cloud–based collaborative platform. For more information visit combocurve.com or follow them on Twitter or LinkedIn.

About Dragoneer Investment Group
Dragoneer is a growth–oriented investment firm with over $27 billion in long–duration capital. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology–enabled businesses. Dragoneer has been an investor in companies such as Airbnb, Alibaba, Atlassian, AppFolio, Bytedance, Ceridian, Chime, Datadog, Doordash, Duck Creek, PointClickCare, Procore, Slack, Samsara, ServiceTitan, Snowflake, Spotify, Uber, UiPath and others.

About Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long–standing companies. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer's global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has $9 billion of capital under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Boston, Beijing and Bangalore. Born from innovations in steel more than a century ago, Bessemer's storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti–Portfolio).

Contact information:
Kristen Quinn
Paige PR
kristen@paigepr.com


GLOBENEWSWIRE (Distribution ID 8527373)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MYPS, MYPSW, ACAC

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds investors of PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. (NASDAQ: MYPS, MYPSW, ACAC) who: (1) purchased, or otherwise acquired the securities of PLAYSTUDIOS between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired PLAYSTUDIOS securities pursuant to the PIPE offering; (2) held common stock of Acies as of May 25, 2021, and were eligible to vote at Acies' June 16, 2021 special meeting; and/or (3) purchased or otherwise acquired PLAYSTUDIOS common stock pursuant to or traceable to the Acies' Registration Statement and Proxy Statement issued in connection with the June 2021 Merger (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline.

SO WHAT: If you purchased PLAYSTUDIOS 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 PLAYSTUDIOS class action, go to https://rosenlegal.com/submit–form/?case_id=5097 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 6, 2022. 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 handle 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 false and/or misleading statements and/or failed to disclose that: (1) PLAYSTUDIOS was having significant problems with its flagship game, Kingdom Boss; (2) PLAYSTUDIOS would not be releasing Kingdom Boss as expected; (3) PLAYSTUDIOS had not revised its financial projections to account for the problems it had encountered with Kingdom Boss; and (4) as a result, defendants' statements about PLAYSTUDIOS' business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the PLAYSTUDIOS class action, go to https://rosenlegal.com/submit–form/?case_id=5097 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/.

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


GLOBENEWSWIRE (Distribution ID 8528581)

ROSEN, A LEADING LAW FIRM, Encourages Stronghold Digital Mining, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – SDIG

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Stronghold Digital Mining, Inc. (NASDAQ: SDIG) pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's October 2021 initial public offering ("IPO") of the important June 13, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Stronghold Digital Mining securities pursuant and/or traceable to the Registration Statement 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 Stronghold Digital Mining class action, go to https://rosenlegal.com/submit–form/?case_id=5313 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 13, 2022. 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 handle 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, the IPO Registration Statement was materially false and misleading and omitted to state: (1) contracted suppliers, including MinerVa, were reasonably likely to miss anticipated delivery quantities and deadlines; (2) due to strong demand and pre–sold supply of mining equipment in the industry, Stronghold Digital Mining would experience difficulties obtaining miners outside of confirmed purchase orders; (3) as a result of the foregoing, there was a significant risk that Stronghold Digital Mining could not expand its mining capacity as expected; (4) as a result, Stronghold Digital Mining would likely experience significant losses; and (5) as a result, defendants' statements about Stronghold Digital Mining's business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Stronghold Digital Mining class action, go to https://rosenlegal.com/submit–form/?case_id=5313 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/.

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


GLOBENEWSWIRE (Distribution ID 8528628)

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Twitter, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Against Elon Musk – TWTR

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of the common stock of Twitter, Inc. (NYSE: TWTR) between March 24, 2022 and April 1, 2022, inclusive (the "Class Period"), of the important June 13, 2022 lead plaintiff deadline.

SO WHAT: If you sold Twitter 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 Twitter class action, go to https://rosenlegal.com/submit–form/?case_id=5134 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 13, 2022. 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 handle 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: Elon Musk, the founder of Tesla and Space–X, and according to Forbes, the richest person in the world, began acquiring shares of Twitter in January 2022. By March 14, 2022, Musk had acquired more than a 5% ownership stake in Twitter, requiring him to file a Schedule 13 with the United States Securities and Exchange Commission ("SEC") within 10 days, or March 24, 2022. However, Musk did not file a Schedule 13 with the SEC within the required time and instead continued to amass Twitter shares, eventually acquiring over a 9% stake in the Company before finally filing a Schedule 13 on April 4, 2022.

Upon Musk belatedly filing the required Schedule 13, which first revealed his ownership stake in Twitter to the public, the Company's shares rose from a closing price of $39.31 per share on April 1, 2022, to close at $49.97 per share on April 4, 2022 "" an increase of 27%.

Investors who sold shares of Twitter between March 24, 2022 and April 4, 2022 missed the resulting share price increase as the market reacted to Musk's purchases. By failing to timely disclose his ownership stake, Musk was able to acquire shares of Twitter less expensively during the Class Period.

To join the Twitter class action, go to https://rosenlegal.com/submit–form/?case_id=5134 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/.

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


GLOBENEWSWIRE (Distribution ID 8528622)

ROSEN, A LEADING LAW FIRM, Encourages Rivian Automotive, Inc. Investors with Losses to Secure Counsel Before Important May 6 Deadline in Securities Class Action – RIVN

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Rivian Automotive, Inc. (NASDAQ: RIVN) pursuant to or traceable to Rivian's Initial Public Offering ("IPO") on November 10, 2021 of the important May 6, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Rivian securities pursuant or traceable to the IPO 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 Rivian class action, go to https://rosenlegal.com/submit–form/?case_id=3880 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 6, 2022. 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 handle 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, the IPO offering documents were materially inaccurate, misleading, and/or incomplete because they failed to disclose, among other things, that the R1T electric pickup truck and the R1S electric sport utility vehicle (SUV) were underpriced to such a degree that Rivian would have to raise prices shortly after the IPO and that these price increases would tarnish Rivian's reputation as a trustworthy and transparent company and would put a significant number of the existing backlog of 55,400 preorders along with future preorders in jeopardy of cancellation.

To join the Rivian class action, go to https://rosenlegal.com/submit–form/?case_id=3880 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/.

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


GLOBENEWSWIRE (Distribution ID 8528613)

ROSEN, LEADING INVESTOR COUNSEL, Encourages Lucid Group, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – LCID

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lucid Group, Inc. (NASDAQ: LCID) between November 15, 2021 and February 28, 2022, inclusive (the "Class Period"), of the important May 31, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Lucid 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 Lucid class action, go to https://rosenlegal.com/submit–form/?case_id=4992 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 31, 2022. 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 handle 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 false and/or misleading statements and/or failed to disclose material adverse facts about the Company's business and operations. Specifically, Defendants overstated Lucid's production capabilities while concealing that "extraordinary supply chain and logistics challenges" were already significantly hampering the Company's operations. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lucid class action, go to https://rosenlegal.com/submit–form/?case_id=4992 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/.

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


GLOBENEWSWIRE (Distribution ID 8528577)

Open Society Condemns Travesty of Justice in Kavala Verdict

New York, April 25, 2022 (GLOBE NEWSWIRE) — The Open Society Foundations are appalled by today's Turkish court decision to sentence Osman Kavala""the business leader and philanthropist""to life in prison, even though no credible evidence was ever presented to substantiate the baseless charges against him.

"Today a Turkish judge ruled against Osman Kavala even though there is not a shred of legitimate evidence against him," said Mark Malloch–Brown, the president of the Open Society Foundations. "This bogus trial has utterly failed to meet the most basic standards for fairness and procedural justice."

The court in Istanbul also sentenced seven other defendants to 18 years in prison each. The cases against these defendants were also without any merit.

Osman Kavala was first arrested and detained in October 2017. The government has held him, without conviction prior to today, for more than four years.

During that time, Turkish prosecutors have bent over backwards to try to keep Kavala in prison, even having him re–arrested in February 2020, after a previous trial ended with him being briefly released.

"This is not about justice," added Malloch–Brown. "It is about trying to intimidate and silence anyone who might speak up in defense of human rights in Turkey, including all independent civil society groups."

In December 2019, the European Court of Human Rights (ECHR) ruled that Kavala's detention was unjustified, and that the case against him was designed to silence him and to dissuade other human rights defenders from speaking out.

Turkey has so far defied the ECHR ruling.

Kavala is an established businessman and philanthropist, known for his support of human rights, the arts, and culture in Turkey. He also served as a board member with Open Society's foundation in Turkey. (Open Society Turkey shut its doors in 2018 due to harassment from the Turkish government.)

Kavala is expected to appeal the court ruling.

"It is long past time to end this legal farce," added Malloch–Brown. "Osman Kavala should be released and his name cleared immediately."


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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – LICY, PDAC

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Li–Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY, PDAC) between February 16, 2021 and March 23, 2022, inclusive (the "Class Period") of the important June 20, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Li–Cycle 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 Li–Cycle class action, go to https://rosenlegal.com/submit–form/?case_id=4885 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 20, 2022. 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 handle 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 false and/or misleading statements and/or failed to disclose that: (1) Li–Cycle's largest customer, Traxys North America LLC, is not actually a customer, but merely a broker providing working capital financial to the Company while Traxys tries to sell Li–Cycle's product to end customers; (2) the Company engaged in highly questionable related party transactions; (3) the Company's mark–to–model accounting is vulnerable to abuse and gave a false impression of growth; (4) a significant portion of the Company's reported revenues were derived from simply marking up receivables on products that had not been sold; (5) the Company's gross margins have likely been negative since inception; (6) the Company will require an additional $1 billion of funding to support its planned growth (which is a figure greater than the Company raised via the merger); and (7) 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 Li–Cycle class action, go to https://rosenlegal.com/submit–form/?case_id=4885 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.

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