Day: July 24, 2022

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ROSEN, NATIONAL TRIAL LAWYERS, Encourages Digital Turbine, Inc. Investors with Losses to Secure Counsel Before Important August 5 Deadline in Securities Class Action – APPS

NEW YORK, July 23, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Digital Turbine, Inc. (NASDAQ: APPS) between August 9, 2021 and May 17, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Digital Turbine 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 Digital Turbine class action, go to https://rosenlegal.com/submit-form/?case_id=6272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Digital Turbine’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Digital Turbine’s recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) Digital Turbine’s internal control over financial reporting as to revenue recognition was deficient; (4) as a result of the foregoing, Digital Turbine’s net revenues was overstated throughout fiscal 2022; and (5) as a result of the foregoing, defendants’ positive statements about Digital Turbine’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 Digital Turbine class action, go to https://rosenlegal.com/submit-form/?case_id=6272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

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

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

——————————–

Contact Information:

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

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ROSEN, A LEADING LAW FIRM, Encourages Teladoc Health, Inc. Investors with Losses to Secure Counsel Before Important August 5 Deadline in Securities Class Action – TDOC

NEW YORK, July 23, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Teladoc Health, Inc. (NYSE: TDOC) between October 28, 2021 and April 27, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Teladoc Health 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 Teladoc Health class action, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) increased competition, among other factors, was negatively impacting Teladoc Health’s BetterHelp and chronic care businesses; (2) accordingly, the growth of those businesses was less sustainable than defendants had led investors to believe; (3) as a result, Teladoc Health’s revenue and adjusted EBITDA projections for its fiscal year 2022 were unrealistic; (4) as a result of all the foregoing, Teladoc Health would be forced to recognize a significant non-cash goodwill impairment charge; and (5) as a result, defendants’ 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 Teladoc Health class action, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

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

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

——————————–

Contact Information:

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

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ROSEN, A LEADING LAW FIRM, Encourages Outset Medical, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – OM

NEW YORK, July 23, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Outset Medical, Inc. (NASDAQ: OM) between September 15, 2020 and June 13, 2022, both dates inclusive (the “Class Period”), of the important September 6, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Outset Medical 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 Outset Medical class action, go to https://rosenlegal.com/submit-form/?case_id=6976 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had “continuously made improvements and updates to Tablo over time since its original clearance” that required an additional 510(k) application; (2) as a result, Outset Medical could not conduct a human factors study on a cleared device in accordance with FDA protocols; (3) Outset Medical’s inability to conduct the human factors study subjected Outset Medical to the likelihood of the FDA imposing a “shipment hold” and marketing suspension, leaving the Company unable to sell Tablo for home use; and (4) as a result, defendants’ positive statements about Outset Medical’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 Outset Medical class action, go to https://rosenlegal.com/submit-form/?case_id=6976 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

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

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

——————————–

Contact Information:

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

Posted on

APYX DEADLINE NOTICE: NATIONALLY RANKED ROSEN LAW FIRM Encourages Apyx Medical Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important August 5 Deadline in Securities Class Action – APYX

NEW YORK, July 23, 2022 (GLOBE NEWSWIRE) —

WHY:  Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Apyx Medical Corporation (NASDAQ: APYX) between May 12, 2021 and March 11, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Apyx 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 Apyx class action, go to https://rosenlegal.com/submit-form/?case_id=6835 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx’s Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, Apyx was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, Apyx’s financial results would be adversely impacted; and (5) as a result of the foregoing, defendants’ positive statements about Apyx’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 Apyx class action, go to https://rosenlegal.com/submit-form/?case_id=6835 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

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

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

——————————–

Contact Information:

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

Posted on

Minister Ford statement on the humanitarian crisis in East Africa

Statement from the Minister for Africa, Vicky Ford, on the humanitarian crisis in East Africa.

Minister for Africa, Vicky Ford, said:

“Today’s agreement to resume Ukraine grain exports, brokered by the UN and Turkey, is a vital step towards alleviating hunger for the world’s poorest and most vulnerable.

“This is welcome news for countries in East Africa where famine is also being driven by four consecutive seasons of failed rains and the impact of conflicts, with 48 million people now facing severe food insecurity.

“That’s why the UK is calling for urgent action to address suffering in East Africa and is also working with humanitarian aid agencies to tackle this crisis and to stop it from getting worse. This year, The UK will spend approximately £156 million across East Africa towards humanitarian crises.

“It’s eleven years since famine was last declared in Somalia, a crisis that killed over 250,000 people. We have worked with partners to build resilience and save lives over those 11 years and as the UN lead on Somalia, the UK is committed to driving a global response to prevent famine and alleviate further suffering.

Source: Government of the United Kingdom

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Over 50 million in Eastern Africa to face acute food insecurity in 2022

NAIROBI, Over 50 million people are in danger of experiencing high levels of acute food insecurity this year across seven Inter-Governmental Authority on Development (IGAD) countries in the Horn of Africa.

The affected states include Kenya, Djibouti, Ethiopia, Somalia, South Sudan, Sudan and Uganda.

According to the 2022 edition of the IGAD Regional Focus on Food Crises under the Integrated Food Security Phase Classification (IPC), Kenya, Ethiopia, Somalia, South Sudan, and Sudan are facing the largest food crises (IPC 3) in the region and about 300,000 people are projected to face catastrophe (IPC 5) in Somalia and South Sudan in 2022.

There is a risk of famine occurring in eight areas of Somalia through September in the event of widespread crop and livestock production failures, spiraling food costs, and in the absence of scaled-up humanitarian assistance.

In a virtual meeting by IGAD, it emerged the situation in 2022, with 50 – 51 million people expected to face crises or worse marks a dramatic increase from 2021 when 42 million people suffered from high levels of acute food insecurity.

Workneh Gebeyehu, Executive Secretary of the IGAD said the combination of climate extremes, conflict, and macroeconomic challenges make it almost impossible for the otherwise very resilient communities to sustain multiple shocks.

“Our region has been hit like never before and the figures we are releasing today are heartbreaking, and I’m very worried they could increase even more as the outlook for the October to December rain season is bleak,” he said.

Last year, the IGAD region accounted for nearly 22 percent of the global number of people in crisis or worse with an estimated 10 million children under the age of 5 suffering from acute malnutrition.

In addition, 24 per cent of the world’s 51 million internally displaced people were also in IGAD countries, mainly Ethiopia, Somalia, South Sudan, and Sudan.

Dr Chimimba David Phiri, FAO Subregional Coordinator for Eastern Africa and FAO Representative to the African Union and UNECA said that the current food security situation across the Horn of Africa is dire after four consecutive rain seasons failed, a climatic event not seen in at least 40 years, or since the beginning of the satellite era.

“Now more than ever, we must implement short-term livelihood-saving responses with long-term resilience building aimed at addressing the root causes of food crises in our region,”Phiri noted.

The latest forecast by IGAD’s Climate Prediction and Applications Centre (ICPAC) is for a fifth consecutive failed rain season across the region, with the latest long-term forecasts for the 2022 October–December rainfall season indicating an increased chance of below-average rains.

Michael Dunford, the World Food Programme’s Regional Director for Eastern Africa said that the conflict, climate extremes, economic shocks, rising costs of commodities and now the impact of the conflict in Ukraine on food and energy prices are pushing millions towards starvation in Eastern Africa.

“Sadly, there is a very real risk of famine in the region, and we must do everything possible to prevent this from happening. At the same time, together we must start building the capacity to prepare and respond to future shocks which are increasingly inevitable because of a changing climate,” he added

The Integrated Food Security Phase Classification (IPC) is a set of standardised tools used to classify the severity of food insecurity using a widely accepted five-phase scale namely Minimal (IPC Phase 1), Stressed (IPC Phase 2), Crisis (IPC Phase 3), Emergency (IPC Phase 4) and Catastrophe/Famine (IPC Phase 5).

ICPAC provides climate services to IGAD member states (Djibouti, Ethiopia, Eritrea, Kenya, Somalia, South Sudan, Sudan, and Uganda), plus Burundi, Rwanda, and Tanzania.

Source: Nam News Network