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NYCB DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages New York Community Bancorp, Inc. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – NYCB

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of New York Community Bancorp, Inc. (NYSE: NYCB) between March 1, 2023 and February 5, 2024, both dates inclusive (the “Class Period”), of the important April 8, 2024 lead plaintiff deadline.

SO WHAT: If you purchased NYCB 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 NYCB class action, go to https://rosenlegal.com/submit–form/?case_id=22391 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 8, 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 materially false and/or misleading statements throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Signature Bank acquisition would not be immediately accretive to the Company because it caused NYCB to be required to comply with materially enhanced prudential standards, including, among other things, risk–based and leverage capital requirements, and liquidity standards, and required that NYCB build capital, reinforce its balance sheet and strengthen its risk management processes; (2) NYCB failed to comply with the materially enhanced prudential standards; (3) NYCB overstated the quality of its commercial office loan assets; (4) NYCB was experiencing higher net charge–offs and deterioration in its commercial office portfolio than represented; (5) NYCB was reasonably likely to incur higher loan losses because it was experiencing higher net charge–offs and deterioration in its commercial office portfolio; (6) NYCB was reasonably likely to be forced to increase its allowance for credit losses due to its status as Category IV bank; (7) NYCB’s loan loss provisions were understated so it overstated quarterly earnings and/or understated quarterly losses; (8) NYCB failed to have adequate internal risk or disclosure controls and procedures; and (9) that, as a result of the foregoing, defendants’ statements about NYCB’s business, operations and financial condition 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 NYCB class action, go to https://rosenlegal.com/submit–form/?case_id=22391 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 9084141)

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

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Plug Power Inc. (NASDAQ: PLUG) between May 9, 2023 and January 16, 2024, both dates inclusive (the “Class Period”), of the important May 21, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power 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 Plug Power class action, go to https://rosenlegal.com/submit–form/?case_id=1011 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 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 throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Plug Power overstated its ability and/or efforts to mitigate the negative impacts that, inter alia, supply chain constraints and material shortages could have or were having on Plug Power’s hydrogen business, as well as the sufficiency of its cash and capital to fund its operations; (2) Plug Power continued to experience delays related to its green hydrogen production facility build–out plans, as well as in securing external funding sources to finance its growth plans; (3) Plug Power downplayed the true scope and severity of all the foregoing when these issues were eventually revealed; (4) as a result of all the foregoing, Plug Power also overstated the near–term prospects of its hydrogen production operations, as well as the viability of expanding those operations; and (5) as a result, Plug Power’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 Plug Power class action, go to https://rosenlegal.com/submit–form/?case_id=1011 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 9084094)

KFSH&RC begrüßt Dr. Björn Zoéga als neuen stellvertretenden CEO

RIAD, Saudi–Arabien, April 03, 2024 (GLOBE NEWSWIRE) — Das King Faisal Specialist Hospital and Research Centre (KFSH&RC) freut sich, die Ernennung von Dr. Björn Zoéga zum stellvertretenden Chief Executive Officer (CEO) mit Wirkung vom 1. April 2024 bekanntzugeben. Mit dieser strategischen Ernennung möchte das KFSH&RC seinem Bestreben, eine weltweit führende Gesundheitseinrichtung zu werden, zusätzlichen Antrieb geben, indem es die bemerkenswerte Karriere von Dr. Zoéga und seine nachgewiesene Führungserfahrung in hochrangigen medizinischen Einrichtungen nutzt.

Als ehemaliger CEO des international renommierten Karolinska–Universitätskrankenhauses in Schweden spielte Dr. Zoéga eine entscheidende Rolle bei der Aufrechterhaltung der hohen Standards der Einrichtung und ihrer weltweiten Anerkennung als zweitbestes Krankenhaus in Europa und siebtbestes weltweit laut der von Newsweek herausgegebenen Rangliste der besten Krankenhäuser der Welt 2024. Seine Zeit im Karolinska–Krankenhaus war von innovativen Strategien und Spitzenleistungen in der Gesundheitsversorgung geprägt, die er im KFSH&RC weiter ausbauen möchte.

Dr. Zoéga bringt jahrzehntelange Erfahrung im Management des Gesundheitswesens und im klinischen Bereich in das KFSH&RC ein, nachdem er als CEO des Nationalen Universitätskrankenhauses von Island und des Stockholmer Wirbelsäulenzentrums an der Spitze der Einrichtungen stand. Sein Wissens– und Erfahrungsschatz in Forschung und Lehre, den er sich als früherer Präsident und Verwaltungsratsvorsitzender der EU–Gesellschaft für Halswirbelsäulenforschung und als Vorsitzender des wissenschaftlichen Beirats von Alvotech aneignen konnte, stellen eine zusätzliche Bereicherung dar.

In seiner Funktion als stellvertretender CEO wird Dr. Zoéga die Bereiche Gesundheitsversorgung sowie Forschung und Innovation des KFSH&RC leiten und damit das Engagement des Krankenhauses für die Integration weltweit bewährter Praktiken im Gesundheitswesen und die Förderung modernster medizinischer Forschung und Technologie fortsetzen.

Das KFSH&RC lädt die Gemeinschaft, Partner und Interessengruppen ein, Dr. Björn Zoéga willkommen zu heißen, und freut sich auf ein vielversprechendes neues Kapitel in der Gesundheitsversorgung, das eine bessere und gesündere Zukunft für alle fördern soll.

Für weitere Informationen kontaktieren Sie bitte:

Essam Al–Zahrani, Media Affairs Acting Head, 0555254429

Abdullah Al–Awn, Senior Media Editor, 0556294232

Ein Foto zu dieser Mitteilung ist verfügbar unter https://www.globenewswire.com/NewsRoom/AttachmentNg/6a2fb3b5–9219–4e72–82fd–8f093f22996e


GLOBENEWSWIRE (Distribution ID 9084058)

Le KFSH&RC accueille le Dr Björn Zoëga en tant que nouveau directeur général adjoint

RIYAD, Arabie saoudite, 03 avr. 2024 (GLOBE NEWSWIRE) — Le King Faisal Specialist Hospital and Research Centre (KFSH&RC) est fier d’annoncer la nomination du Dr Björn Zoëga au poste de directeur général adjoint, à compter du 1er avril 2024. Cette décision stratégique vise à accélérer l’aspiration du KFSH&RC à devenir un établissement de soins de santé de premier plan sur la scène mondiale, en s’appuyant sur la carrière remarquable du Dr Zoëga et ses antécédents avérés en matière de leadership dans des établissements médicaux de premier plan.

En tant qu’ancien directeur général de l’hôpital universitaire Karolinska de Suède, de renommée internationale, le Dr Zoëga a joué un rôle essentiel dans le maintien des normes élevées de l’établissement et de sa reconnaissance mondiale en tant que deuxième hôpital le mieux classé parmi les hôpitaux européens et septième au niveau mondial selon le classement de Newsweek des meilleurs hôpitaux du monde en 2024. Son administration à Karolinska a été marquée par des stratégies innovantes et l’excellence en termes de prestations de santé, autant d’éléments qu’il se propose d’enrichir au sein du KFSH&RC.

Le Dr Zoëga apporte au KFSH&RC des décennies d’expérience en gestion des soins de santé et d’expertise clinique, après avoir dirigé les opérations en tant que directeur général de l’hôpital universitaire national d’Islande et du Stockholm Spine Center. Son expérience et ses compétences en matière de recherche et d’éducation sont également inestimables, compte tenu de ses anciens rôles de président et de président du conseil d’administration de l’EU–Cervical Spine Research Society et de président du Conseil consultatif scientifique d’Alvotech.

En tant que directeur général adjoint, le Dr Zoëga dirigera les groupes de prestation de soins de santé et de recherche et d’innovation du KFSH&RC, conformément à l’engagement de l’hôpital d’intégrer les meilleures pratiques mondiales en matière de soins de santé et de poursuivre la recherche médicale et la technologie de pointe.

Le KFSH&RC invite la communauté, les partenaires et les parties prenantes à accueillir le Dr Björn Zoëga, tandis que l’établissement entame un nouveau chapitre prometteur dans le domaine des soins de santé, en s’engageant à favoriser un avenir plus brillant et plus sain pour tous.

Pour plus d’informations, veuillez contacter :

M. Essam Al–Zahrani, chef par intérim des affaires médiatiques, 0555254429

M. Abdullah Al–Awn, rédacteur en chef des médias, 0556294232

Une photo accompagnant ce communiqué est disponible à l’adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/6a2fb3b5–9219–4e72–82fd–8f093f22996e


GLOBENEWSWIRE (Distribution ID 9084058)

KFSH&RC Dá Boas-Vindas ao Novo CEO Adjunto Dr. Björn Zoéga

RIADE, Arábia Saudita, April 03, 2024 (GLOBE NEWSWIRE) — O King Faisal Specialist Hospital and Research Centre (KFSH&RC) tem o orgulho de anunciar a nomeação do Novo CEO Adjunto Dr. Björn Zoéga em 1 de abril de 2024. Esse movimento estratégico deve acelerar o objetivo da KFSH&RC de se tornar uma instituição de saúde líder no cenário global, alavancando a notável carreira e o histórico comprovado de liderança do Dr. Zoéga em instituições médicas de primeira linha.

Como ex–CEO do internacionalmente renomado Karolinska University Hospital, na Suécia, o Dr. Zoéga desempenhou um papel fundamental na defesa dos altos padrões e do reconhecimento global da instituição como o segundo mais bem avaliado entre os hospitais europeus e o sétimo melhor do mundo, de acordo com o ranking da Newsweek dos Melhores Hospitais do Mundo 2024. Sua administração da Karolinska foi marcada por estratégias inovadoras e excelência na prestação de cuidados de saúde – tudo o que ele pretende aprimorar no KFSH&RC.

No KFSH&RC, o Dr. Zoéga irá utilizar suas décadas de gestão de saúde e experiência clínica, na liderança em operações como CEO do National University Hospital da Islândia e do Stockholm Spine Center. Sua experiência e competência em pesquisa e educação também são inestimáveis, como nas suas funções anteriores na qualidade de Presidente e Presidente do Conselho da Sociedade de Pesquisa da Coluna Cervical da UE e Presidente do Conselho Consultivo Científico da Alvotech.

Como CEO Adjunto, o Dr. Zoéga atuará como líder dos grupos de prestação de cuidados de saúde e pesquisa e inovação do KFSH&RC, seguindo o compromisso do hospital em integrar as melhores práticas globais em cuidados de saúde e buscar pesquisas e tecnologias médicas de ponta.

O KFSH&RC estende seu convite à comunidade, parceiros e partes interessadas a dar as boas–vindas ao Dr. Björn Zoéga, nesse novo capítulo promissor que a instituição embarca na área da saúde, comprometida em promover um futuro mais brilhante e saudável para todos.

Para mais informações, contate:

Sr. Essam Al–Zahrani, Dirigente Interino de Assuntos de Mídia, 0555254429

Sr. Abdullah Al–Awn, Editor Sênior de Mídia, 0556294232

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/6a2fb3b5–9219–4e72–82fd–8f093f22996e 


GLOBENEWSWIRE (Distribution ID 9084058)

EQUINIX INVESTOR NEWS: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Equinix, Inc. Investors to Inquire About Securities Class Action Investigation – EQIX

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Equinix, Inc. (NASDAQ: EQIX) resulting from allegations that Equinix may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Equinix 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=23498 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 20, 2024, before the market opened, Hindenburg Research released a report entitled “Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions.” In part, Hindenburg stated its “investigation, which included a review of financial and litigation records and interviews with 37 former Equinix employees, industry experts and competitors, revealed that Equinix manipulates its accounting for AFFO (“adjusted funds from operations”), the key profitability metric for REITs [“(Real Estate Investment Trust”)]. We estimate this metric was overstated by at least 22% in 2023 alone.”

On this news, Equinix’s stock fell $19.70 per share, or 2.3%, to close at $824.88 per share on March 20, 2024.

Then, on March 25, 2024, Equinix filed an 8–K with the U.S. Securities and Exchange Commission, which contained a press release in which Equinix announced that the Audit Committee of the Company’s Board of Directors had commenced an independent investigation to review the matters referenced in the Hindenburg report. Equinix also announced that it had received a subpoena from the U.S. Attorney’s Office for the Northern District of California shortly after the release of the Hindenburg report.

On this news, Equinix’s stock fell on March 25, 2024.

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
        case@rosenlegal.com
        www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9084057)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation – SAN

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Banco Santander, S.A. (NYSE: SAN) resulting from allegations that Santander may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Santander 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=22671 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On February 5, 2024, the Financial Times published an article entitled “Iran used Lloyds and Santander accounts to evade sanctions.” This article stated, in part that “Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial Times.”

On this news, Santander’s American Depositary Shares (“ADSs”) fell $0.24 per ADS, or 5.7%, to close at $3.94 per ADS on February 5, 2024.

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
        case@rosenlegal.com
        www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9084026)

JBS INVESTOR NEWS: ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages JBS S.A. Investors to Inquire About Securities Class Action Investigation – JBSAY

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of JBS S.A. (OTC: JBSAY) resulting from allegations that JBS may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased JBS 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=22976 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On February 28, 2024, Reuters published an article entitled “New York sues meatpacking giant JBS over climate claims.” The article stated, in pertinent part, that “JBS, the world’s largest beef producer, was sued on Wednesday by New York state’s attorney general, which accused it of misleading the public about its impact on the environment in order to boost sales. Attorney General Letitia James said JBS USA Food Co, the Brazilian company’s American–based unit, has “no viable plan” to reach net zero greenhouse gas emissions by 2040, making its stated commitment to achieving that goal false and misleading.”

On this news, JBS’ American Depositary Receipts (“ADRs”) fell $0.22 per ADR, or 2.4%, to close at $9.02 per ADR on February 28, 2024.

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
case@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9084024)

INVNT GROUP™ Presents Mad Dog Jones’ Newest NFT Collection 'Fallen Gravity': Cyberpunk Art and Star Songs Collide in collaboration with INVNT.ATOM™, Artemis Music Entertainment, and Nifty Gateway

New York, New York, April 03, 2024 (GLOBE NEWSWIRE) — In a collaboration powered by INVNT GROUP’s digital innovation and Web3 agency, INVNT.ATOM, artist Michah Dowbak, aka ‘Mad Dog Jones’ is set to drop his newest NFT collection, “Fallen Gravity”. The collection (available on Nifty Gateway) offers collectors unique opportunities to mint exclusive animated artworks, prints, and NFTs inspired by space and the mysteries of the cosmos; the artwork in one of the drops is embedded with unique Star Songs curated by Artemis Music Entertainment and will be sent into space along with a personalized message.

On his inspiration for the project, Mad Dog Jones comments, “Fallen Gravity is about drifting into the unknown. There’s a scientific mastery and human passion interwoven in the art, and music created from the cosmos which represent timeless wonder and dreams of discovery.”

The final phase, ‘Unknowable Dimensions’ will give 500 collectors the rare opportunity to mint a one–of–a–kind NFT that is embedded with its own unique Star Song capturing the music of a celestial spacescape. The Star Songs are created utilizing data sonification algorithms that convert astronomical images into audible music, mapping characteristics of the stars. Powered by Artemis Music Entertainment, the Star Songs integrated with the NFTs are generated from 500 telemetry coordinates over the lifetime of the International Space Station (ISS) orbiting the Earth, from its creation on December 6, 1998, through 2030, when it’s set to be decommissioned. The custom Star Songs are integrated with the NFTs to celebrate and honor the duration of the International Space Station’s journey.  

Each of the 500 NFTs will feature a unique and distinct snapshot of the sky, mapped to a specific time, location (longitude and latitude), and date of the ISS’s orbital position. Some images will showcase the sky from 1988 to the present year, 2024, capturing historical skies. Others will offer a forward–looking perspective, rendering what the sky will look like up to the expected decommission year, 2030. Additionally, upon minting the final phase, each collector will have the ability to submit a 50–character personalized message. The approved messages and digital assets will be transmitted through the Artemis Space Network by Mission Control spaceflight engineers where they are beamed to space, orbit around Earth aboard the ISS and beamed back down. Upon completion, collectors will receive a custom Flight Certificate that verifies the asset and personalized message has gone to space, and successfully orbited the planet.

“Fallen Gravity represents the endless possibilities in this new era of storytelling. From the dawn of time and through groundbreaking moments of innovation like the Apollo Program and cinematic experiences like ‘Interstellar’, the human spirit for space exploration has always been intertwined within the matrix of our technicolor society. We’re proud to launch this mission, brought to life with our brilliant collaborators and partners, Mad Dog Jones, Artemis Music Entertainment, and Nifty Gateway. With this once–in–a–lifetime multimedia experience, we weave a story of discovery through art, music, and technology, while offering Web3 and Blockchain enthusiasts, NFT communities, and global collectors a unique opportunity to mint a piece of history and send a message to space. This boundless convergence of art, technology, and creativity will propel the future of human possibility into unchartered and exciting frontiers.” says Scott Cullather, President & CEO of INVNT GROUP and CEO of INVNT.ATOM.

“The Fallen Gravity collection represents the essence of why we created Artemis Music – to inspire and enable artists to create new works through meaningful connections to space and the stars, celebrated through digital space missions that are accessible for anyone. Mad Dog Jones has done this beautifully by integrating Star Songs into his Fallen Gravity collection, while also honoring the legacy of the International Space Station – perhaps the most magnificent technical and socially unifying creation of humanity,” says Bob Richards, Co–Founder of Artemis Music Entertainment.

This collection will drop on April 3rd on the Main Stage of NFT NYC at the session, “Speaking with Extraterrestrials – NFTs in the galaxy” (session time at 1:55PM ET), where Scott Cullather (INVNT GROUP & INVNT.ATOM) will be joined by Mad Dog Jones, Space Entrepreneur and Co–Founder of (Artemis Music Entertainment) and Artemis Space Network, Bob Richards, and Senior Producer of (Nifty Gateway), Patrick Milgram. The group is set to have a candid conversation covering how storytelling is shaping the future of NFTs, the inspiration behind the work, and the roles that blockchain and Web3 can play in the exploration of new realms.

The NFT Collection will drop as follows:
Phase 1 ‘INVERTED DARK MATTER’ (Open Edition – $99USD) – 1x Animated Artwork + 1x Embroidered Mission Patch, available from Wed April 3 1.55PM ET – Tuesday 9 April 10AM ET

Phase 1.1 ‘DISTANT GALAXIES’ (Open Edition – for Mad Dog Jones Forever Mart Collection Holders only) – 1x Animated Artwork – limited 24 hours to redeem via Burn/Redeem on the Manifold App, available Monday April 8 12PM ET – Tuesday April 9 11.59ET. 

Phase 2 ‘INFINITE DEPTH’ (Limited Edition of 1000 Pieces – $349USD) – 1x Animated Artwork + 1x A2 HD Print, available for presale on Tuesday April 9 11AM EDT – 11.59AM EDT, available for general sale Tuesday April 9 12PM ET – Wednesday April 10 11.59AM ET

Phase 2 ‘UNKNOWABLE DIMENSIONS’ (Limited Edition of 500 Pieces – $749USD) – 1x Animated Artwork + 1x Unique Star Song + Space Flight Cert + Personal Message to Space, available for presale on Tuesday April 9 11AM EDT – 11.59AM EDT, available for general sale Tuesday April 9 12PM ET – Wednesday April 10 11.59AM ET

Fallen Gravity is now available at niftygateway.com/fallengravity.

ABOUT MAD DOG JONES (Michah Dowbak)
Michah Dowbak aka Mad Dog Jones is a multidisciplinary artist from Thunder Bay, Ontario, where he still resides. His works deftly interweave cyberpunk, dystopian imagery exploring themes of beauty, nature and technology. As a lover of the wilderness, which was ever present where he grew up, he brings a fresh thematic to the metropolitan aesthetic, done up in citrus and neon tones of technology somehow rendered as a space naturally human. Dowbak rose to fame in the world of crypto art with the recent success of his Crash + Burn series of NFT artworks as the 1:1 Replicator sold via Phillips NFT Marketplace and was a headliner in the first major NFT art exhibition at UCCA Center for Contemporary Art in Beijing. www.maddogjones.com/

ABOUT INVNT.GROUP™
[INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™ is a growing portfolio of complementary disciplines designed to help forward–thinking organizations everywhere, impact the audiences that matter, anywhere, with offices in New York, London, Sydney, Singapore, Dubai, San Francisco, Mumbai, Stockholm, Detroit, and Washington D.C. Led by President and CEO, Scott Cullather, [INVNT GROUP] was established as a growing evolution of the live global brand storytelling agency INVNT, with a vision to provide engaging, well–articulated, impactful brand stories across all platforms. The GROUP consists of: modern brand strategy firm, Folk Hero™; creative–led culture consultancy, Meaning; production studio & creative agency, HEVĒ™; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM™; creative multimedia experience studio, Hypnogram™; ITP Live (Any Venue Video, Thunder Audio, In Sync), portfolio of full–service production for live entertainment; and the original live global brand storytelling agency, INVNT. For more information visit www.invntgroup.com

ABOUT INVNT.ATOM™
INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™, is an innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Headquartered in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com

ABOUT ARTEMIS MUSIC ENTERTAINMENT and ARTEMIS SPACE NETWORK™
Founded by space entrepreneur Bob Richards and musician Kristopher Houck, Artemis Music Entertainment is enabling a digital space economy for the arts by connecting creators, collectors, and communities to accessible, participatory, and meaningful space experiences. The Artemis Space Network, developed by Artemis Music Entertainment Inc., is a space–based commercial platform facilitating digital space missions that are accessible to anyone, anywhere. Artemis Music Entertainment has origins working with NASA to develop astronomically inspired music, art and entertainment initiatives supporting its Artemis Moon–Mars program and transmitted the first ever Web3 artwork and music to space and to the International Space Station to orbit the Earth on July 28th, 2021. www.artemismusicentertainment.com

ABOUT NIFTY GATEWAY™
Nifty Gateway is a leading platform revolutionizing the way digital art is bought, sold, and experienced. Backed by cutting–edge blockchain technology, Nifty Gateway offers a diverse range of digital art pieces, from collectible editions to immersive experiences, captivating a global audience of art enthusiasts and investors alike. www.niftygateway.com

Access Media Kit HERE

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Tensions with China Drive Investors Towards Vietnam

One of many small streets in Ho Chi Minh City, with newly-build towers in the background. Credit: Kris Janssens / IPS

One of many small streets in Ho Chi Minh City, with newly-build towers in the background. Credit: Kris Janssens / IPS

By Kris Janssens
HO CHI MINH CITY, Apr 3 2024 – In recent months, several European representatives embarked on trade missions to Vietnam. German President Steinmeier visited Hanoi in January. The Netherlands sent Prime Minister Mark Rutte, with the Dutch royal couple, King Willem-Alexander and Queen Máxima, soon to follow suit. Notably, the Netherlands stands as the most significant European investor in Vietnam.

Additionally, official delegations from the US and China have engaged in discussions with Vietnam regarding economic cooperation.

According to the Vietnamese Ministry of Planning and Investment, the country attracted nearly US$36.61 billion of Foreign Direct Investment (FDI) in 2023, marking a notable increase of over 32 percent compared to the previous year.

What factors contribute to this success? Vietnam, having emerged from a tumultuous history that included a war with the United States until the 1970s and continuing under communist leadership, has made significant strides. European entrepreneurs share their experiences in this thriving Southeast Asian nation.

 

Bill Clinton and the Era of Normalization

“[Vietnamese communists] have always lied to us, and they are still lying to us. I see normalization as an attempt on their part to get access to American markets. They are not to be trusted.”

This is a quote by Sam Johnson, former Texas Republican Party MP and war veteran. In 1995, he reacted furiously to Democratic President Bill Clinton’s decision to re-establish relations with Vietnam.

Opponents believed that there should first be complete clarity about missing Americans who had never returned from the Vietnam War. Clinton supporters felt “it was time to turn the page.”

 

European trade agreement

The rapprochement with the West already started in the 1980s when the market economic policy ‘Doi Moi’ (literally translated as ‘renovation’) was introduced. As a result, Vietnam’s poverty level dropped from 58 percent in 1993 to less than three percent in 2020.

Meanwhile, the country managed to smooth things over with the United States and succeeded in gaining Europe’s trust. Thanks to the EU-Vietnam Free Trade Agreement (EVFTA), signed in 2019, import taxes are being systematically reduced in both directions.

The impact of this agreement took some time to materialize because the pandemic grounded planes for a few years, but nowadays European entrepreneurs easily find their way to this new sales market with almost a hundred million inhabitants.

 

China Plus One Strategy

Vietnam has emerged as an attractive investment destination for international investors seeking alternatives to China. For years, the Chinese work ethic and low production costs provided an ideal investment climate.

But Beijing’s economy is sputtering, wages are rising and US trade sanctions are scaring lenders away. To diversify, they want at least one branch elsewhere. As a neighboring country, Vietnam seems to be the perfect alternative.

Dutch entrepreneur Stefan Kleijkamp also applied the so-called “China plus one” strategy. He is the manager of waste2wear, a company that produces clothing and carrier bags made from waste material. So far, he has mainly been operating in China, but recently he opened a new branch in Vietnam.

The key element is the reluctance of American customers to buy Made in China labeled products. “This is related to the tense geopolitical situation,” says Kleijkamp. “The fabric still comes from China, but the bags are being assembled in our factory in Ho Chi Minh City,” he explains.

 

Navigating Geopolitical Sensitivities: South China Sea or East Sea?

The work ethic and mentality are largely similar, but the relationship between the two countries is very sensitive. Vietnamese may benefit from the Chinese economy, but they prefer not to be associated with their northern neighbors. This aversion goes far. Just take the map of the region.

The sea around the famous Spratly Islands, which are disputed because of their strategic location, is called the South China Sea. At least according to Beijing. From a Vietnamese perspective, it is the East Sea. Geographically, both names make sense. But a map with an ‘incorrect’ designation can cause a diplomatic row.

The increasing conflict over the islands is a cause for concern. There is a real fear of a (new) Chinese invasion of Vietnam, as happened in the late 1970s.

 

Aversion to China Greater than Resentment of Americans

“The two countries are at a different stage of development,” says Stefan Kleijkamp. Vietnam resembles the China of twenty years ago, he thinks, purely focused on economic development. “China itself now has bigger ambitions.”

As a result of its size and its international position, China is less dependent on the rest of the world, whereas Vietnam does need help and expertise from abroad. Also from the United States.

Vietnamese people invariably answer “they have left the past behind them” when you ask a question about the US. They have morally won the war and this feeling strengthens them.

 

The Entrepreneurial Spirit in Vietnam

Soon after the war, when North and South Vietnam reunited, Trường Ngô fled his country. He arrived as a boat refugee in the Netherlands, where he was trained as a hydrologist. Later, when he returned to his roots in Vietnam, he used his acquired knowledge to start a water treatment company.

“When I arrived here, these were all rice fields”, he recalls, when he shows me his head office in Trà Vinh, a city about 120 kilometers southwest of Ho Chi Minh City. “The drinking water was very dirty. Now, everyone here uses tap water from us,” he says proudly. Currently, Trường and his son Vinh supply drinking water to 75,000 residents of the region, a spectacular growth. “That’s my mindset. I have a goal and I’m heading towards it. No matter what,” says Trường.

The Vietnamese seem to incarnate the American dream more than the Americans themselves.

This rampant belief in prosperity and progress is Vietnam’s greatest asset for entrepreneurs, although there is still a long way to go. “There is a positive dynamic and a rapidly growing market,” says Steve Van Aelst. He is a Belgian architect who has been working in Ho Chi Minh City since 2010.

 

The Only Way Is Up

Unlike the European nostalgic and somewhat pessimistic attitude, Vietnam is purely passionate about the future and is focused on prospects and opportunities. Even if this progress means that simple rural life will eventually make way for an industrial society.

Van Aelst’s company has been able to develop urban planning projects of 1,000 hectares or even 20,000 hectares. These kinds of assignments are no longer possible in Europe and are often not desirable.

A different country also brings different challenges. Last fall, Minister-President of Belgium’s Flanders region Jan Jambon went on an economic mission in Vietnam. During this visit, Van Aelst gave a lecture on sustainability. Vietnam has a vast coastline and is therefore vulnerable to the consequences of global warming. As an architect, Van Aelst can provide ecological alternatives. However, he says, the price tag of these energy-efficient measures is also important for a Vietnamese customer.

 

Communist Danger

During Jambon’s visit, a political delegation member asked a question about ‘the communist regime’. But European entrepreneurs here mainly experience a capitalist mentality and do not feel the population is ‘burdened under the yoke of the government’, as is often thought.

In short, communist rule is taken for granted, as long as it doesn’t affect economic growth and people can work their way up. “The Vietnamese have dollar signs in their eyes,” someone aptly summarizes, although she doesn’t want to be named in this article.

Because Vietnam is a one-party state criticizing the government is very sensitive and this even includes seemingly innocent statements. As soon as a conversation becomes too political, it is blocked.

Same goes for Trường, who shows me his native village and the tomb of his parents. At first, he is very emotional when he talks about the opportunities his parents gave him by fleeing to Europe.

The next moment, he asks me to quickly get back into the car because he doesn’t want to be seen in such a small village with a European reporter. “You never know what the authorities think,” he says.

The communists who forced this family to flee, are apparently still watching them.

Finally, as a European entrepreneur, you cannot simply copy-paste your Western attitude here. As an example, Steve Van Aelst refers to sharp points on a building. “Those do not fit within the philosophy of Feng Shui,” the architect says. “Softness and poetry and the emotional connection with a building are important here. You have to get to know those differences and sensitivities and take them into account.”

But the general balance certainly tips to the positive side for Aelst.

“The complexity of this country and the answers we can provide are satisfying. We are working on projects here that we can truly be proud of.”