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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Warner Bros. Discovery, Inc. and Discovery, Inc. Investors With Losses Over $100K to Secure Counsel Before Important Deadline in Securities Class Action – WBD, DISCA, DISCB, DISCK

NEW YORK, Oct. 29, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds investors who: (a) exchanged Discovery, Inc. ("Discovery") common stock (NASDAQ: DISCA, DISCB, DISCK) for Warner Bros. Discovery, Inc. ("Warner Bros.") common stock (NASDAQ: WBD) pursuant to Discovery's February 4, 2022 Registration Statement on Form S–4 and Joint Proxy Statement/Prospectus filed with the Securities and Exchange Commission ("SEC") on February 10, 2022; and/or (b) purchased shares of Warner Bros. common stock on the open market traceable to the Prospectus through the date of the filing of the complaint on September 23, 2022 of the important November 22, 2022 lead plaintiff deadline.

SO WHAT: If you exchanged Discovery common stock for Warner Bros. common stock pursuant to Discovery's February 4, 2022 Registration Statement on Form S–4 and Joint Proxy Statement/Prospectus filed with the SEC on February 10, 2022 and/or purchased shares of Warner Bros. common stock on the open market traceable to the Prospectus through September 23, 2022, 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 Warner Bros. Discovery class action, go to https://rosenlegal.com/submit–form/?case_id=8888 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 November 22, 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, at the time of filing the Registration Statement and Prospectus, defendants either knew or had access to adverse information concerning operations of the WarnerMedia business of AT&T. Among other things, as subsequently disclosed by defendants after the merger: (1) WarnerMedia's HBO Max streaming business had a high churn rate that made the business not "viable" unless the churn rate was reversed; (2) AT&T was overinvesting in WarnerMedia entertainment content for streaming, without sufficient concern for return on investments; (3) WarnerMedia had a business model to grow the number of subscribers to its streaming service without regard to cost or profitability; (4) WarnerMedia was improvidently concentrating its investments in streaming and ignoring its other business lines; and (5) WarnerMedia had overstated the number of subscribers to HBO Max by as many as 10 million subscribers, by including as subscribers AT&T customers who had received bundled access to HBO Max, but had not signed onto the service. The adverse information was not disclosed to Discovery shareholders in the Registration Statement or Prospectus or otherwise prior to the effective date of the merger. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Warner Bros. Discovery class action, go to https://rosenlegal.com/submit–form/?case_id=8888 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 8684904)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Schmitt Industries, Inc. Investors With Losses Over $100K to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm – SMIT

NEW YORK, Oct. 29, 2022 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Schmitt Industries, Inc. (NASDAQ: SMIT) between September 1, 2020 and September 20, 2022, both dates inclusive (the "Class Period"), of the important December 12, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Schmitt Industries 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 Schmitt Industries class action, go to https://rosenlegal.com/submit–form/?case_id=8823 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 December 12, 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) Schmitt Industries continuously downplayed its serious issues with internal controls; (2) Schmitt Industries' financial statements from August 31, 2021 to the present included "certain errors"; (3) as a result, Schmitt Industries would need to restate its previously filed financial statements for certain periods; and (4) as a result, Defendants' statements about its 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 Schmitt Industries class action, go https://rosenlegal.com/submit–form/?case_id=8823 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 8684814)

Artisanal Miners Ruining Already Diminishing Forests in Zimbabwe

Artisanal miners are cutting down trees to process gold and climate change experts are concerned about the forests. Credit: Jeffrey Moyo/IPS

Artisanal miners are cutting down trees to process gold and climate change experts are concerned about the forests. Credit: Jeffrey Moyo/IPS

By Jeffrey Moyo
MAZOWE, Zimbabwe, Oct 29 2022 – With homemade tents scattered about, hordes of artisanal gold miners throng parts of Mazowe village in Zimbabwe’s Mashonaland Central Province, where they have cut down thousands of trees to process gold ore.

Patrick Makwati (29), working alongside his 23-year-old cousin, Sybeth Mwendauya, are some of the miners who mine without a permit that have descended on Mazowe village, cutting down trees for processing gold.

The two cousins said they are using the trees to process the gold that they mine as they claim that they could not afford coal which could have been an alternative for them.

Illegal gold miners, like Makwati and Mwendauya, claim to only use wood when processing gold.

Yet, while the cousins camp in the bushes of rural Mazowe and cook their meals, they have also switched to woodfire.

“We depend on the trees we cut because we can’t afford coal while we also don’t have access to electricity,” Makwati told IPS.

In Zimbabwe, a tonne of coal costs 30 US dollars before transport costs are factored in, which illegal gold miners like Makwati and Mwendauya cannot afford.

The two cousins, like many other illegal gold miners, solely depend on woodfire to heat up the gold ore.

In areas like Mazowe, forests have already fallen, thanks to the gold miners, and now the areas look like a mini deserts.

Forestry officials from the Zimbabwean government lament the constant loss of forests every year.

According to the Forestry Commission here, this country loses 262,000 hectares of trees every year for different reasons.

Illegal gold miners have been factored in as one of these.

Thirty percent of the forest is lost to illegal mining, says environmental activist, Monalisa Mafambirei, based in the Zimbabwean capital Harare.

“You speak of Mazowe as a case study, but, of course, this is not the only area losing trees to illegal gold miners. In fact, this problem facing our forests is widespread as gold miners are all over the country where gold is mined, and trees have continued to be the casualties as gold miners cut them down rather carelessly either for use when processing the gold ore or as they clear the land upon which they mine,” a government climate change officer here who said she was not authorized to give media interviews, told IPS.

Even environmental campaigners in this southern African country, like Gibson Mawere, heaped the blame on the artisanal gold miners for fanning deforestation in the country.

“Illegal gold miners are unregulated, and they cut down trees, clearing areas on which they mine for gold, and also they use firewood to then process the gold ore because you should remember that these miners have no access to electricity nor coal to use in place of firewood,” Mawere told IPS.

As the blame game plays out, it may be years before a solution is found to stem the deforestation fanned by illegal gold miners in Zimbabwe.

For the artisanal gold miners, the answer lies in formal employment.

Without that, they say, forests may have to continue to suffer.

Gold miners like Makwati and his cousin place the blame on the country’s struggling economy.

“If we don’t cut the trees, we will have no money at the end of the day. We use fire from the trees we cut to process the gold ore before we sell pure gold. With formal jobs, we wouldn’t be harming the environment nor destroying trees,” Makwati told IPS.

IPS UN Bureau Report

 


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ROSEN, TRUSTED AND TOP RANKED INVESTOR COUNSEL, Encourages Palantir Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLTR

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Palantir Technologies Inc. (NYSE: PLTR) between November 9, 2021 and May 6, 2022, both dates inclusive (the "Class Period"), of the important November 14, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Palantir 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 Palantir class action, go to https://rosenlegal.com/submit–form/?case_id=8711 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 November 14, 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, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Palantir's investments in marketable securities were having a significant negative impact on the Company's earnings per share ("EPS") results; (2) Palantir overstated the sustainability of its government segment's growth and revenues; (3) Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers, despite ongoing global conflicts and market disruptions; (4) as a result of all the foregoing, Palantir was likely to miss consensus estimates for its first quarter 2022 ("Q1") EPS and second quarter 2022 ("Q2") sales outlook; and (5) 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 Palantir class action, go to https://rosenlegal.com/submit–form/?case_id=8711 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 8684877)