Inaugural Global Mediation Summit boosts Hong Kong’s status as a global mediation hub

HONG KONG SAR – Media OutReach Newswire – 8 May 2026 – The Global Mediation Summit, the first international conference hosted by the International Organization for Mediation (IOMed) since its inauguration in Hong Kong last October, was held today (May 8) at the Hong Kong Convention and Exhibition Centre.

The event, with the Department of Justice (DoJ) and the Hong Kong International Legal Talents Training Academy as the key sponsors, gathered more than 400 leaders, policymakers and distinguished professionals from 48 countries and regions. They explored frontier topics such as cross-cultural international mediation, financial and investment dispute mediation, and the development of a global mediation ecosystem.

Speaking at the Summit, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), noted that Hong Kong has long supported mediation.

HKSAR’s Chief Executive, John Lee (first row, centre), attends the Global Mediation Summit today (May 8), joined by the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the HKSAR, Cui Jianchun (first row, second left); the Secretary for Justice, Paul Lam (first row, far right); the Secretary-General of the IOMed, Professor Teresa Cheng (first row, second right), along with other guests.

“Hong Kong is committed to becoming a global mediation capital. And we are well-positioned to do so,” Mr Lee said.

“Under ‘one country, two systems’, Hong Kong is a thriving hub for international finance, shipping and trade. We benefit from our country’s strong support and the opportunities it gives us, while maintaining extensive international connectivity as a world city.

“Hong Kong is the only common law jurisdiction in China, our country. And our legal professionals are internationally acknowledged for their professionalism and integrity. And now, as IOMed’s headquarters, Hong Kong is at the very heart of global dispute resolution and its promising future.”

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Paul Lam, Secretary for Justice of the HKSAR, highlighted the HKSAR Government’s ongoing support for the IOMed in different ways.

“First, it will be responsible for the maintenance of the Headquarters. Second, the DoJ will continue to second Hong Kong legal professionals to the IOMed Secretariat. Since 2023, the DoJ has already seconded a total of four counsel to assist in the establishment of the IOMed. Third, the Government will actively promote the use of IOMed mediation by, among other things, taking the lead in procuring the inclusion of an IOMed mediation clause in suitable international agreements to which the HKSAR Government is a party,” Mr Lam said.

“Hong Kong is well recognised as a leading international legal and dispute resolution services centre. Indeed, one of the mandates stated in the National 15th Five-Year Plan is that Hong Kong shall strengthen its status in this respect.”

Since the IOMed’s inauguration, the number of signatory states has climbed from 37 to 41, while the number of contracting states has gone from eight to 13.

“IOMed is the first inter-governmental international organisation set up by a Convention to promote exclusively the use of mediation,” said Professor Teresa Cheng, Secretary-General of IOMed, in her welcome remarks at the summit. “It fills an institutional gap and brings forth mediation as a true viable alternative to resolving international disputes alongside litigation and arbitration.”

Professor Cheng shared two important developments of the IOMed.

First, a maritime dispute was successfully resolved through mediation administered by IOMed at its Hong Kong Headquarters in early May, just a few days ago. “The case marks an important milestone: it is the first international maritime dispute involving a charterparty chain referred to IOMed for mediation,” Professor Cheng said.

Second, aligning with Hong Kong’s goal to further develop the commodities market, and the intention to stipulate use of IOMed mediation in the related contracts and policy, the Secretariat of IOMed is working with the HKSAR Government and other stakeholders to explore the establishment of a dedicated special panel of mediators for commodities market disputes under the IOMed framework.

The Global Mediation Summit is the finale event of the Mediation Week 2026 held in Hong Kong under the theme of “Mediate First: An Attempt of Mediation, Harvests Abundant Harmony”, with a view to promoting mediation as a friendly way to amicably resolve disputes and conflicts, and to build a more harmonious community.

“Our commitment to mediation, locally and globally, is clear in the five-day Mediation Week programme that ends today with this Summit,” Mr Lee said. “Mediation Week events spotlighted disputes related to schools, sports, neighbourhoods and the elderly. The goal in each case was to apply mediation structure and skills to achieve peaceful and rational solutions to our problems.”

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TruMerit and Credivera Issue First Verifiable Digital Credentials for Global Healthcare Professionals

PHILADELPHIA, PA / ACCESS Newswire / May 8, 2026 / TruMerit, a global leader in healthcare workforce development and credential verification, today announced that it has issued its first verifiable digital credentials to healthcare professionals through a new partnership with Credivera, marking a major step forward in secure, portable credential verification for the global healthcare workforce.

The first group of digital credentials has been awarded to nurses and other healthcare professionals who successfully passed TruMerit’s global certification examinations over the last year. These include the Certified Global Nurse credential and credentials tailored for nurses and other healthcare workers specializing in rehabilitation care. These secure credentials can now be stored, managed, and shared digitally, allowing employers, regulators, and licensing authorities to instantly verify professional qualifications.

Through Credivera’s secure credential exchange platform, TruMerit credentials are issued in encrypted, tamper-proof digital formats that align with globally recognized verification standards. As healthcare systems worldwide face workforce shortages and increasing cross-border mobility of healthcare professionals, trusted credential verification has become a critical infrastructure challenge for regulators, employers, and governments. Verifiable digital credentials enable professional qualifications to be securely issued, instantly validated, and easily shared across borders–reducing administrative delays while strengthening confidence in the authenticity of healthcare credentials.

"By introducing verifiable digital credentials with Credivera–and issuing the first credentials to successful certification candidates–we are helping build a trusted digital identity for healthcare professionals that allows their qualifications to be securely verified anywhere in the world," said Peter Preziosi, President and CEO of TruMerit. "This initiative modernizes credential verification and gives professionals greater control over how their achievements are shared with employers and regulators."

Credivera supports a growing global network of organizations issuing encrypted credentials and verified identity records through its secure credential exchange infrastructure.

"Professional credentials are increasingly becoming part of a person’s digital identity," said Dan Giurescu, CEO of Credivera. "Our platform allows trusted organizations like TruMerit to issue secure, verifiable credentials that professionals can control and share anywhere in the world. Together we are helping create a more transparent and trusted system for verifying healthcare qualifications."

The TruMerit-Credivera collaboration represents part of a broader shift toward verifiable digital identity systems, where trusted organizations issue portable credentials that professionals can carry throughout their careers.

About TruMerit

TruMerit is a worldwide leader in healthcare workforce development with nearly 50 years of experience supporting the mobility of nurses and other healthcare workers. Formerly CGFNS International, TruMerit validates the education, training, and professional experience of internationally educated health professionals seeking authorization to practice in the United States and other countries. Through its expanded mission and the Global Health Workforce Development Institute, TruMerit advances research, standards, and certifications that strengthen the global health workforce and promote equitable, sustainable career mobility. www.trumerit.org.

Media Contact:

LEA SIMS
Chief Marketing & Communications Officer
TruMerit
[email protected]

SOURCE: TruMerit

View the original press release on ACCESS Newswire

‫ميرا للاستثمار والتطوير تعلن عقد شراكة استراتيجية مع آر في كابيتال في مختلف أعمال علامتيها التجاريتين في قطاع الضيافة

يشمل الاستثمار حصصًا في كل من سوموس هوتيلز ومنتجعات كوكانا تمهيدًا لبدء أعمال هاتين العلامتين التجاريتين في خمسة مواقع إضافية بمختلف أنحاء آسيا.

بالي، إندونيسيا – Media OutReach Newswire – 8 مايو 2026 – أعلنت مجموعة ميرا للاستثمار والتطوير، التي تقع في بالي وتعمل في مجال تطوير وإدارة منشآت الضيافة وتشمل أعمالها إدارة مساكن وفنادق ومنتجعات ومنشآت ضيافة محلية الطابع وتحمل أسماء علامات تجارية راقية في مختلف أنحاء إندونيسيا وأكثر من 1000 وحدة يجري إنشاؤها حاليًا، عقد شراكة استثمارية استراتيجية مع شركة آر في كابيتال المتخصصة في إدارة الاستثمارات، والتي أنشأت مكاتب لها في سنغافورة والإمارات العربية المتحدة متخصصة في العقارات الفندقية في منطقة آسيا والمحيط الهادئ.

منتجع كوكانا – جيلي تراوانجان

تشمل الشراكة حصصًا في اثنتين من أبرز علامات ميرا التجارية في قطاع الضيافة، وهما فنادق سوموس هوتيلز ومنتجعات كوكانا، إلى جانب إمكانية الوصول إلى خمسة مواقع إضافية على الأقل في إندونيسيا وتايلاند واليابان وغيرها خلال السنوات الخمس المقبلة.

يتضمن استثمار آر في كابيتال ضخ رؤوس أموال هائلة في عام 2026 لتسريع وتيرة توسعات أعمال ميرا في المنطقة، مع الاستعداد لتطوير أصول ضيافة تتجاوز قيمتها 300 مليون دولار أمريكي في شتى أنحاء آسيا.

قال فينيش موتواني، الشريك الإداري ورئيس مسؤولي الاستثمار في آر في كابيتال: “حققت ميرا إنجازًا لم تحققه سوى القليل من شركات الضيافة في جنوب شرق آسيا إذ إنها أعدت برنامجًا لتعميق توسعاتها العملية بجدية، ولم تكتفِ بوضع خطة تطوير. لذلك ندعم أصولها وفريق إدارة أعمالها، ونعتبر فنادق سوموس هوتليز ومنتجعات كوكانا بدايةً لإنجاز أكبر بكثير”.

لا يعكس هذا الاستثمار ثقة آر في كابيتال في الأصول الفردية فقط، بل يدل أيضًا على ثقتها في برنامج أعمال ميرا الأوسع نطاقًا الذي يوضح قدرة ميرا على تحديد الوجهات الناشئة، وإنشاء مشاريع متكاملة في قطاع الضيافة، والتوسع في مختلف الأسواق من خلال شراكة ميرا مع شركة ذا جيست سوسايتي المتخصصة في إدارة منشآت الضيافة فيما يتعلق بمجال تجربة العملاء وبالتالي تعيد توضيح طريقة إدارة العلامات التجارية في جميع أنحاء آسيا، وبفضل هذه الشراكة، ستفتتح شركة ذا جيست سوسايتي مكتبًا لها في تايلاند في عام 2026 لدعم النمو الإقليمي للمجموعة.

سوموس هوتيلز هي علامة ميرا التجارية للفنادق العصرية، وتم تصميم فنادقها لتكون وجهات ضيافة متكاملة وليست مجرد فنادق تقليدية، وسيكون فندق سوموس هوتيلز أولوواتو المميز، الذي سيضم 250 غرفة وسيقع على الممر التجاري الرئيسي في أولوواتو، أول فندق عصري للإقامة بدون حجز مسبق في المنطقة، وعند افتتاح هذا الفندق في عام 2027 سيحتوي على غرف ضيافة ونادي نهاري ومسبح ومطعم ومتاجر ومنتجع صحي ونادي لياقة بدنية وقاعات مناسبات. تُعد أولوواتو أسرع أسواق الضيافة المصغرة تطورًا في بالي، وصُمم فندق سوموس هوتيلز ليكون أول وجهة ضيافة متكاملة فيها. تحرص المؤسستان على التعاون في استكشاف مواقع جديدة لفنادق سوموس هوتيلز، وتقومان حاليًا بالنظر في إمكانية إنشاء فنادق في منطقة بانج تاو في بوكيت وفي اليابان.

منتجعات كوكانا هي علامة ميرا التجارية للمنتجعات الشاطئية، وتدير حاليًا أول منتجع لها في جزيرة جيلي تراوانجان، ويضم هذا المنتجع حاليًا 45 فيلا بمسابح خاصة، و66 جناحًا فاخرًا يطل على بحيرة، وناديًا شاطئيًا، ومنتجعًا صحيًا، ومطعمين، ولاحقًا في عام 2026 سيُنشئ بالمنتجع مطعم ثالث باسم سينسي إيكان وأجنحة إضافية مطلة على البحيرة. سيشهد عام 2026 أيضًا بداية إنشاء منتجع كوكانا التالي على شاطئ بالانجان في بالي، وهو موقع متميز ويشتهر بأنه من أجمل سواحل الجزيرة، ومن المتوقع أن يتم افتتاح هذا المنتجع في منتصف عام 2029. تجري حاليًا دراسة على موقعين مرشحين لإنشاء منتجع كوكانا الجديد في تايلاند وهما كوه فانجان وبوكيت، ومن المقرر بدء أعمال الإنشاء في عام 2026، وسيُعد هذا المنتجع باكورة أعمال العلامة التجارية في جنوب شرق آسيا. قال سكوت ماتسون، رئيس العمليات في ميرا للاستثمار والتطوير: “ستظل بالي دائمًا موطننا، لكن هذه الشراكة تمنحنا فرصةً لتكرار ما أنجزناه هنا في أفضل الوجهات في جميع أنحاء المنطقة”.

تتميز ميرا بسجلها الحافل بمبادرات العمل في الأسواق المحلية قبل زيادة الإقبال عليها على نطاق واسع، إذ إن ميرا تستطيع اكتشاف وجهات الضيافة الواعدة لتستعد لتلبية الطلب عليها لاحقًا. يتم أيضًا إنشاء فنادق سوموس هوتيلز ومنتجعات كوكانا بناءً على هذه الرؤية الاستباقية إذ إن ميرا أنشأت هذه الفنادق والمنتجعات في مواقع اكتشفت أنها تعاني من نقص هيكلي في الخدمات نظرًا لوجود العوامل الأساسية التي تؤهلها لزيادة الإقبال عليها رغم قلة الخدمات عالية الجودة بها.

تأسست شركة آر في كابيتال على يد شركاء يجمعون بين الخبرة في مجال الاستثمارات المؤسسية التي اكتسبوها من العمل لدى كيه كيه آر وجولدمان ساكس، والخبرة في العمل في مختلف أسواق المستهلكين والضيافة الآسيوية. تستهدف الشركة أصول الضيافة المتميزة في الأسواق ذات الطلب المرتفع والعرض المحدود لتحقيق عوائد مرتفعة من خلال امتلاك حصص ملكية فيها. تُمثل هذه الشراكة أول أعمال الشركة في قطاع الفنادق ذات العلامات التجارية وأهم مشاريعها في بالي حتى الآن.

يتم حاليًا النظر في إمكانية تأسيس منشآت ضيافة في خمسة مواقع إضافية، كما أن هناك مشاريع قيد التنفيذ في مختلف أنحاء آسيا، وهكذا ترسخ شراكة آر في كابيتال مكانة ميرا للاستثمار والتطوير باعتبارها إحدى أبرز المؤسسات التي نجحت في التوسع في قطاع الضيافة في آسيا.

نبذة عن ميرا للاستثمار والتطوير

تُعد ميرا للاستثمار والتطوير من الشركات الرائدة في مجال تطوير العقارات الراقية ومنشآت الضيافة الفاخرة في بالي، وتتميز دائمًا في سوق الاستثمار بمبادراتها بإنشاء مشاريع فاخرة في أكثر المواقع جاذبية في الجزر الإندونيسية. www.mirahdevelopments.com.

نبذة عن آر في كابيتال

تعمل شركة آر في كابيتال في مجال إدارة الاستثمارات، وتقع مقارها في سنغافورة والإمارات العربية المتحدة، وهي متخصصة في العقارات الفندقية في منطقة آسيا والمحيط الهادئ. يتميز مؤسسو آر في كابيتال بخبرتهم التي تزيد عن عقدين في مجال الاستثمارات المؤسسية والتي اكتسبوها من العمل لدى كيه كيه آر وجولدمان ساكس، ويتميزون كذلك بخبرتهم الواسعة في العمل في مختلف أسواق المستهلكين والضيافة الآسيوية. www.rv-cp.com.

ALIGHT DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Alight, Inc. Investors to Secure Counsel Before Important May 15 Deadline in Securities Class Action – ALIT

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Alight, Inc. (NYSE: ALIT) between November 12, 2024 and February 18, 2026, both dates inclusive (the “Class Period”), of the important May 15, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Alight common stock 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 Alight class action, go to https://rosenlegal.com/submit-form/?case_id=54542 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 May 15, 2026. 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, at that time, 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 false and/or misleading statements and/or failed to disclose facts concerning the true state of Alight’s growth potential and financial stability; notably, that Alight was not truly equipped to execute on its claimed potential and could not maintain its promised dividend as a result. Rather, Alight would require significantly higher compensation and incentive expenses to achieve the projections put forth by management. Throughout the class period, defendants announced disappointing results, reduced projections, and multiple goodwill impairments all while remaining confident in their ability to execute, drive growth, and continue to provide a dividend to their shareholders. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Alight class action, go to https://rosenlegal.com/submit-form/?case_id=54542 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 9715835

GARTNER DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Gartner, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – IT

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Gartner, Inc. (NYSE: IT) between February 4, 2025 and February 2, 2026, both dates inclusive (the “Class Period”), of the important May 18, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Gartner common stock 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 Gartner class action, go to https://rosenlegal.com/submit-form/?case_id=56538 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 May 18, 2026. 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, defendants made false and/or misleading statements and/or failed to disclose facts concerning the true state of Gartner’s growth rates; notably, that it was not truly equipped to handle ongoing challenges in its industry to either meet consulting revenue targets or to increase or even maintain its contract value (“CV”) growth rate; Gartner’s repeated claims of being able to achieve 12-16% CV growth rates in a “normal” macroeconomic environment proved to be unrealistic. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Gartner class action, go to https://rosenlegal.com/submit-form/?case_id=56538 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 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 9715768

CONCORDE DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Concorde International Group Ltd. Investors to Secure Counsel Before Important May 20 Deadline in Securities Class Action – YOOV

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Concorde International Group Ltd. (NASDAQ: YOOV) between April 21, 2025 and July 14, 2025, inclusive (the “Class Period”), of the important May 20, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Concorde 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 Concorde class action, go to https://rosenlegal.com/submit-form/?case_id=56776 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 May 20, 2026. 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, at that time, 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) Concorde was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2) insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) Concorde’s public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) as a result of the foregoing, defendants’ positive statements about Concorde’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

To join the Concorde class action, go to https://rosenlegal.com/submit-form/?case_id=56776 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.

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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

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