Day: January 1, 2025

ROSEN, A RESPECTED AND LEADING FIRM, Encourages Sun Communities, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SUI

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NEW YORK, Jan. 01, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025.

SO WHAT: If you purchased SUI 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 SUI class action, go to https://rosenlegal.com/submit-form/?case_id=32347 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. 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, during the Class Period, defendants created the false impression that they were presenting a complete and accurate picture of SUI’s financial reports and accounting pertaining to SUI’s projected revenue outlook and anticipated growth. At no point did defendants state or even allude to the DH Bingham Farms LLC mortgage, signed by Chief Executive Officer (“CEO”) Gary Shiffman, or the multiple undisclosed loans CEO Gary Shiffman received, including one from SUI Board Member Arthur Weiss. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections throughout the Class Period, which did not account for these variables. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SUI class action, go to https://rosenlegal.com/submit-form/?case_id=32347 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

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

GlobeNewswire Distribution ID 9325113

SYM DEADLINE ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Symbotic Inc. Investors to Secure Counsel Before Important February 3 Deadline in Securities Class Action First Filed by the Firm – SYM

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NEW YORK, Jan. 01, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Symbotic Inc. (NASDAQ: SYM) between February 8, 2024 and November 26, 2024, both dates inclusive (the “Class Period”), of the important February 3, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Symbotic 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 Symbotic class action, go to https://rosenlegal.com/submit-form/?case_id=31796 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 3, 2025. 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 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants’ statements about Symbotic’s 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 Symbotic class action, go to https://rosenlegal.com/submit-form/?case_id=31796 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

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

GlobeNewswire Distribution ID 9325027

WOLF DEADLINE NOTICE: ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Wolfspeed, Inc. Investors to Secure Counsel Before Important January 17 Deadline in Securities Class Action – WOLF

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NEW YORK, Jan. 01, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Wolfspeed securities 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 Wolfspeed class action, go to https://rosenlegal.com/submit-form/?case_id=30954 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 17, 2025. 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. 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: The alleged representations in this action concern Wolfspeed’s Mohawk Valley, New York fabrication facility. The complaint alleges that defendants provided the public with revenue projections that depended on the Mohawk Valley fabrication facility ramping its production to meet and/or exceed demand for its 200mm wafer product.

According to the lawsuit, defendants provided these overwhelmingly positive statements to investors while simultaneously misrepresenting and/or concealing material adverse facts concerning the true state of Wolfspeed’s growth potential and, in particular, the operational status and profitability of the Mohawk Valley fabrication facility. First, to meet its publicly stated projections, Wolfspeed would have to cancel or otherwise indefinitely suspend planned future projects such as the facility in Saarland, Germany. Second, Wolfspeed would have to terminate a significant portion of its workforce and shutter its Durham, North Carolina fabrication facility. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Wolfspeed class action, go to https://rosenlegal.com/submit-form/?case_id=30954   or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

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

GlobeNewswire Distribution ID 9325199

Foreign Ministry Denounces New Orleans Terrorist Attack, Expresses Solidarity with U.S.

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AMMAN: The Ministry of Foreign and Expatriates Affairs has issued a strong condemnation of a terrorist attack that took place in New Orleans, leaving dozens dead and injured. The ministry emphasized its firm stance against terrorism and violence, which it stated are threats to security and stability.

According to Jordan News Agency, Sufian Al-Qudah, the ministry’s Spokesperson, reiterated the Kingdom’s unwavering rejection of all forms of terrorism. He underscored the Kingdom’s solidarity and support for the United States government and its people in the wake of this tragic event. The spokesperson conveyed wishes for a swift recovery to those injured and extended heartfelt condolences to the families of the victims.

The statement from the Ministry of Foreign and Expatriates Affairs reflects a broader commitment to international cooperation against terrorism. The ministry’s expression of solidarity highlights the strong ties and friendly relations between Jordan and the United States, particularly in the fac
e of challenges to peace and security.

Government Service Centers in Jordan Complete Over 880,000 Transactions in 2024

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Amman: In a significant advancement for public service delivery, Jordan’s comprehensive government service centers processed 882,583 electronic transactions throughout 2024. This development marks a pivotal shift in how citizens access government services, emphasizing efficiency and accessibility.

According to Jordan News Agency, Sami Smeirat, the Minister of Digital Economy and Entrepreneurship, highlighted the establishment of these centers as a transformative step toward streamlining citizen interaction with government services. This initiative aligns with the directives of His Majesty King Abdullah II to enhance the quality of life for Jordanians.

The first government services center was inaugurated in the Al-Muqablin region, with subsequent branches opening at strategic locations such as Queen Alia International Airport, Irbid, and Tafilah. Trial launches were also conducted in Madaba, Ma’an, and Aqaba, expanding the reach and accessibility of these services.

These centers aim to provide specialized services tailored to different citizen groups, ensuring that high-quality and timely services are accessible from any location. The centers incorporate advanced technologies to enhance service delivery, focusing on customer satisfaction and the ease of accessing services through multiple channels. This initiative represents a significant step in the government’s ongoing efforts to improve public service infrastructure and responsiveness.

Positive Trends in Jordan’s Industrial Sector Despite Regional Challenges

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Amman: The industrial sector in Jordan has shown promising results in 2024, overcoming regional challenges to achieve notable growth and export expansion, according to Fathi Al-Jaghbeer, the head of the Jordan and Amman Chambers of Industry.

According to Jordan News Agency, Al-Jaghbeer highlighted that despite instability impacting supply chains, production costs, and export markets, the industrial sector demonstrated resilience. The Jordanian Industry Index reported a 5.2 percent growth in the third quarter of 2024 compared to the same period in 2023, underscoring the sector’s robust performance.

The industrial sector also contributed significantly to the national economy, creating 3,300 jobs in the first half of 2024 and accounting for more than a third of the economic growth, equivalent to 2.2 percent. Al-Jaghbeer noted that industrial exports reached 145 countries, growing by 1.5 percent over ten months compared to 2023, with total exports amounting to 6.5 billion dinars.

Challenges such as price fluctuations and geopolitical tensions, particularly following Israeli aggression in the Gaza Strip, affected some sectors. However, exports from the leather and textile industries, valued at JD270 million, showed significant growth, followed by food and supplies at JD164 million and medical supplies at JD77 million. Meanwhile, exports from the plastic, rubber, and engineering sectors totaled JD24 million and JD16 million, respectively.

The industrial sector in Jordan produces 1,500 items annually, valued at JD17 billion, and exports approximately 1,400 items to 150 countries. With 18,000 facilities, the sector shows a steady growth rate of 0.3 percent, contributing to the kingdom’s manufacturing diversity.

The Economic Modernization Vision prioritizes the industrial sector, aiming to double GDP and create 260,000 jobs by 2033. This strategy focuses on strategic industries to enhance competitiveness and boost export contributions to the sector’s growth.