Day: April 21, 2025

SMTC IMPORTANT DEADLINE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Semtech Corporation Investors to Secure Counsel Before Important April 22 Deadline in Securities Class Action – SMTC

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NEW YORK, April 20, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the “Class Period”), of the important April 22, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Semtech 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 Semtech class action, go to https://rosenlegal.com/submit-form/?case_id=35642 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 April 22, 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: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Semtech’s CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) as a result of the foregoing, Semtech’s sales of CopperEdge products would not ramp-up during the 2026 fiscal year; (4) as a result, sales of CopperEdge products would be lower-than-expected; and (5) as a result of the foregoing, defendants’ positive statements about Semtech’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Semtech class action, go to https://rosenlegal.com/submit-form/?case_id=35642 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 9424902

RKLB IMPORTANT DEADLINE: ROSEN, A LONGSTANDING LAW FIRM, Encourages Rocket Lab USA, Inc. Investors to Secure Counsel Before Important April 28 Deadline in Securities Class Action – RKLB

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NEW YORK, April 20, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rocket Lab USA, Inc. (NASDAQ: RKLB) between November 12, 2024 and February 25, 2025, both dates inclusive (the “Class Period”), of the important April 28, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Rocket Lab 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 Rocket Lab class action, go to https://rosenlegal.com/submit-form/?case_id=36018 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 April 28, 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: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Rocket Lab’s plans for three barge landing tests were significantly delayed; (2) a critical potable water problem was not scheduled to be fixed until January 2026, which delayed preparation of the launch pad; (3) as a result of the foregoing, there was a substantial risk that Rocket Lab’s Neutron rocket would not launch in mid-2025; (4) Neutron’s only contract was made at a discount with an unreliable partner; and (5) as a result of the foregoing, defendants’ positive statements about Rocket Lab’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Rocket Lab class action, go to https://rosenlegal.com/submit-form/?case_id=36018 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 9424962

Ministry Denies Mistreatment Claims in Viral Video of Elderly Man

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Amman: The Ministry of Social Development on Sunday dismissed claims made in a widely circulated social media video in which an elderly man alleges he was mistreated at three elderly care facilities.

According to Jordan News Agency, the ministry stated that the man’s claims are “inaccurate and not based on documented facts.” Authorities had first encountered the individual wandering without shelter in the city of Russeifa in late 2022, the ministry said.

Following established legal protocols and humanitarian obligations, the man was placed in a care facility and later transferred between homes based on his own requests. In early 2024, he asked to leave the last facility to live with one of his brothers, a request the ministry facilitated.

The ministry added that during his time outside care facilities, the man visited the Russeifa social development office to submit formal requests confirming his preference not to remain in institutional care, requests which were approved and documented.

The ministry also
said it covered all expenses related to the man’s stays in care homes, and confirmed he is receiving monthly assistance from the National Aid Fund, in addition to other financial support through 2025.

Authorities expressed willingness to readmit him to a care facility should he choose to return, stressing that his privacy would be respected and no personal documents or details would be disclosed publicly.

The ministry criticized the platform that published the interview, accusing it of exploiting humanitarian issues for online reach while disregarding professional ethics. It also noted that the same platform had previously published similar content that prompted legal action.

The ministry called for accuracy and objectivity in media coverage and urged reliance on official sources to avoid spreading misinformation that could harm public interest and the reputation of Jordan’s care institutions.

It reaffirmed its commitment to protecting the rights and well-being of residents in care homes, particularly the
elderly, and said it would continue its oversight role through its central and field units.

Jordan Launches High-Resolution 3D Survey to Explore Oil and Gas in Eastern Jafr

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Amman: Jordan has commenced a high-resolution 3D seismic survey covering 4,285 square kilometers in the eastern Jafr area of Ma’an Governorate, as part of its national strategy to identify oil, gas, and other natural resources.

According to Jordan News Agency, the survey is being implemented in partnership with the Arabian Geophysical and Surveying Company (ARGAS), a subsidiary of Saudi Arabia’s Public Investment Fund. With a total cost of JD22 million, the eight-month operation aims to provide critical geological data that could pave the way for future oil and gas exploration.

The Ministry of Energy and Mineral Resources stated that the survey’s findings are expected within 24 months. Once results are confirmed, the area will be offered to specialized energy companies as a potential investment opportunity.

The project is part of broader efforts under the Economic Modernization Vision (2023-2025) to develop the energy and mining sectors, funded through revenues from the Hamza oil field. Energy Minister Saleh Kharabsheh emphasized the significance of the project during a recent field visit, describing it as a core component of Jordan’s efforts to maximize the use of local natural resources. He highlighted that the project aligns with both the national modernization plan and the ministry’s long-term energy strategy.

“The project builds on previous exploration efforts, but it stands out due to the advanced technology being used. This stage focuses on data collection and analysis, which will guide future exploration activities,” the minister said.

He added that only 5% of Jordan’s territory has been covered by 3D seismic surveys, underlining the importance of expanding exploration work to additional areas. He also announced plans to assign a global firm to process and interpret the data collected.

The agreement with ARGAS was signed in October 2024 and is considered a starting point for broader cooperation in the energy sector. The company is currently conducting the seismic study in accordance with international standards and a strict project timeline.

According to the Ministry, the survey aims to map underground geological structures and create a data-driven foundation for exploratory drilling. It is also expected to enhance Jordan’s attractiveness to international oil and gas companies.

Bahjat Al-Adwan, Director of Petroleum and Oil Shale at the Ministry, said the project will generate approximately 400 job opportunities, many of which will go to local residents in Jafr. He noted that the initiative complements other active projects in the Hamza and Sarhan fields, supporting national efforts to increase reliance on domestic energy sources.

ARGAS CEO Moath Al-Rawi described the project as a strategic entry point into the Jordanian market. He noted that ARGAS brings over six decades of global experience in geophysical and geological surveying for resource exploration.

The company’s Deputy CEO, Hisham Al-Tuwaijri, also emphasized ARGAS’s long-standing expertise and expressed optimism about the partnership with Jordan. “We are confident that the outcomes will be economically beneficial for Jordan,” he said.

ARGAS, which operates both onshore and offshore surveys for global oil and gas clients, is part of Saudi Arabia’s TAQA Group. The company also offers data analysis, imaging services, and mineral exploration solutions. It maintains a registered office in Jordan and is actively working to attract foreign investment to the country’s energy and mining sectors.

The Economic Modernization Vision includes 50 initiatives for the energy sector and 18 for mining. It calls for the development of a national mining strategy, the establishment of an independent geological survey authority, and the provision of internationally standardized survey data.

The mining sector currently contributes 2.2% to Jordan’s GDP, amounting to JD700 million. According to the Vision, this figure is expected to rise to JD2.1 billion over the next decade. The sector employs over 9,000 workers, representing 0.6% of the national workforce, with projections reaching 27,000. Mining exports currently stand at JD1 billion and are anticipated to grow to JD3.4 billion within 10 years.

Man in Twenties Fatally Shot During Family Dispute in Eastern Amman

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Amman: A man in his twenties was fatally shot yesterday evening during a clash between families in eastern Amman, security officials said. The incident, which took place in the Al-Natheef and Al-Mareekh neighborhoods, erupted from tensions between in-laws, according to a Public Security Directorate spokesperson.

According to Jordan News Agency, the victim was rushed to Al-Bashir Hospital with gunshot wounds but succumbed to his injuries shortly after arrival. Police have apprehended the alleged shooter and seized the firearm used in the incident. An investigation into the circumstances surrounding the shooting is currently underway.

Jordan Condemns Israeli Police Assault on Christians

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Amman: Jordan has strongly condemned the actions of Israeli police against Christian worshippers in Jerusalem, denouncing the restrictions imposed on their access to the Church of the Holy Sepulchre during Holy Saturday celebrations.

According to Jordan News Agency, the Ministry of Foreign Affairs and Expatriates expressed the Kingdom’s firm rejection of what it described as illegal Israeli measures targeting Christian communities. The ministry said such actions represent a serious violation of religious freedoms and international humanitarian norms.

Foreign Ministry spokesperson Ambassador Sufian Qudah reiterated Jordan’s condemnation of the ongoing limitations placed on Christian worshippers seeking to perform their religious rites. He stressed that these developments occur in parallel with repeated incursions by Israeli forces into Al-Aqsa Mosque/Al-Haram Al-Sharif, describing them as part of broader efforts to alter the historic and legal status quo in Jerusalem, including attempts to enforce a temporal and spatial division of the city’s holy sites.

Qudah urged the international community to shoulder its legal and moral responsibilities by pressuring Israel to end its violations against both Islamic and Christian holy sites in Jerusalem.

He also called for immediate action to halt the Israeli military escalation in the West Bank and Gaza Strip, and emphasized the need to uphold the legitimate rights of the Palestinian people, particularly their right to establish an independent and sovereign state on the basis of the two-state solution.

Jordan maintains a custodial role over Islamic and Christian holy sites in Jerusalem and has consistently voiced opposition to any Israeli actions that threaten the city’s religious and historical integrity.