ROSEN, NATIONAL TRIAL LAWYERS, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Cavco 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=7555 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.

WHAT IS THIS ABOUT: On November 8, 2018, Cavco revealed in an SEC filing that it had “received a subpoena from the SEC’s Division of Enforcement requesting certain documents relating to, among other items, trading in the stock of another public company.” On this news, Cavco share price fell $49.48 per share, or over 23%, to close at $165.20 per share on November 9, 2018.

On February 4, 2019, Cavco revealed that it had received requests for additional documents. Cavco further disclosed that it spent, and expected to spend, millions of dollars on legal and insurance expenses in relation to the SEC’s subpoenas and Cavco’s independent investigation into the matter. On this news, Cavco’s share price fell $26.92 per share, or about 16.7%, to close at $134.37 per share on February 5, 2019.

On September 2, 2021, the SEC filed a complaint against Cavco, former CEO Joseph Stegmayer, and former CFO and Chief Compliance Officer Daniel Urness. The SEC complaint alleged that Stegmayer and Urness caused Cavco to purchase shares of publicly traded companies on material non-public information. On this news, Cavco’s share price fell $6.59 per share, or about 2.5%, to close at $252.48 per share on September 3, 2021.

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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

‫شركة Authentix توقّع عقدًا مدّته عشر سنوات مع دائرة الإيرادات الموحّدة في بوتسوانا لتزويدها ببرنامج ختم ضريبي وتتبع رقمي لحوكمة أسواق منتجات التبغ والمنتجات الكحولية

أديسون، تكساس؛ وغابورون، بوتسوانا، 3 أغسطس 2022 / PRNewswire / — أعلنت اليوم شركة Authentix أنّها قد وقعت عقدًا مدّته عشر سنوات مع دائرة الإيرادات الموحّدة في بوتسوانا ( BURS ) لتزويد الدائرة بحل ختم ضريبي وتتبع رقمي لمنتجات التبغ والمنتجات الكحولية المُباعة في البلاد. ويهدف برنامج الختم الضريبي الرقمي هذا إلى منع الاتجار غير المشروع في هذه المنتجات ومنع تقليدها، وضمان حصول المواطنين على منتجات أصلية وآمنة.

وسيُسهم هذا النظام الجديد للتتبع الرقمي للمنتجات في تعزيز عملية تحصيل الإيرادات الضريبية المفروضة على المُصنّعين والمستوردين من خلال تعزيز امتثالهم للقوانين واللوائح ذات الصلة، والحد من التجارة غير المشروعة، ومنع تقديم تقارير مبيعات غير صحيحة. وبموجب العقد الجديد، سيتم الختم الضريبي والتتبع الرقمي لحوالي 500 مليون وحدة من وحدات المنتجات سنويًا.

وستُزوّد الشركة دائرة الإيرادات الموحّدة في بوتسوانا بحل رائد عالي الأمان لتتبع المنتجات رقميًا والمساعدة على امتثال الجهات المعنية للقوانين المعمول بها من خلال الجمع بين ميزات منصة Authentix TransAct ™، وهي منصة آمنة لبيانات تكنولوجيا المعلومات قائمة على البرمجيات كخدمة ( SaaS) ، والطباعة المباشرة لرموز رقمية آمنة ومتسلسلة للمنتجات. وسيُسهم هذا النظام في مكافحة الأنشطة الاحتيالية والحد منها؛ وهو ما سيساعد على حماية المواطنين من الآثار الضارة للسلع المُهرّبة وتوفير بيئة عمل تتسم بتكافؤ الفرص لجميع الجهات الشرعية العاملة في هذا القطاع. وسيتولى مكتب عمليات شركة Authentix في بوتسوانا تنفيذ وإدارة أنشطة هذا البرنامج الذي سيُعمّم في جميع أنحاء البلاد، والتي تشمل عمليات التدريب والدعم الفنّي وتركيب الأجهزة ذات الصلة وصيانتها الدورية.

وفي تعليقه على هذا الخبر، قال كيفن ماكينا، الرئيس التنفيذي لشركة Authentix : “يُسعدنا اختيار دائرة الإيرادات الموحّدة في بوتسوانا ( BURS ) لنا وثقتها في شركتنا لتنفيذ وإدارة حل التتبع الرقمي لهذه المنتجات؛ والذي يُعدّ الحل الأول من نوعه والأكثر أهمية في البلاد. ونحن نتطلع إلى العمل مع الدائرة وتنفيذ هذا البرنامج للمساعدة على استفادة مواطني بوتسوانا من فوائده العديدة على نحو سريع”. 

وقد ساعدت برامج Authentix لحوكمة الأسواق، التي نفذتها الشركة بالتعاون مع العديد من الحكومات في جميع أنحاء العالم، على ضمان التحقق من هوية المنتجات وتتبعها، بالإضافة إلى زيادة حصيلة إيراداتها الضريبية بمليارات الدولارات.

عن شركة Authentix :

Authentix هي شركة متخصصة في توفير حلول ناجحة وفعّالة للتحقق من هوية المنتجات في المراحل المترابطة لسلاسل التوريد. وتوفر الشركة للحكومات والبنوك المركزية والشركات المصنّعة للمنتجات التجارية حلول تحقق متقدمة تسهم في تنمية الاقتصادات المحلية، وتحافظ على أمان العملات الورقية، وتوفر فرصًا أكبر للمنتجات التجارية للوصول إلى الأسواق. ويُسهم نهج الشراكة الذي تطبقه Authentix مع عملائها، بالإضافة إلى خبرتها الفنّية الراسخة، في تحفيز العملاء على الابتكار، ومساعدتهم على الحد من المخاطر، وزيادة إيراداتهم، وتحقيق ميزات تنافسية. يقع المقرّ الرئيسي لشركة Authentix في مدينة أديسون في ولاية تكساس بالولايات المتحدة الأمريكية، وللشركة مقرّات في الولايات المتحدة والمملكة المتحدة والمملكة العربية السعودية وآسيا وإفريقيا تقدّم خدماتها للعملاء في جميع أنحاء العالم. لمزيد من المعلومات عن الشركة، يُرجى زيارة موقعها الإلكتروني: https://www.authentix.com . ® Authentix هي علامة تجارية مسجلة لشركة Authentix .

رابط الشعار   https://mma.prnewswire.com/media/429526/Authentix_Logo.jpg

 

Invasive Reptiles, Amphibians Cost World $17 Billion

Two invasive species — the brown tree snake and the American bullfrog — cost the world more than $16 billion between 1986 and 2020, according to a study.

Researchers say the already-hefty price tag should be seen as a lower limit on the true cost of invasive reptiles and amphibians, especially in under-studied regions such as Africa and South America. The study results were published in the online journal Scientific Reports.

Invasive species are animals, plants or other living things that aren’t native to the places where they live and damage their new environments. Humans spread many of the more than 340 invasive reptile and amphibian species — as stowaways in cargo or through the exotic pet trade, for instance.

Invasive reptiles and amphibians can damage crops, destroy infrastructure, spread disease and upset ecosystems. The damage is costly, but scientists still don’t fully understand the extent of the economic impact wrought by invasive species.

For the study, biologist and study author Ismael Soto of the University of South Bohemia, and Ceske Budejovice in the Czech Republic, and his colleagues, estimated the global cost of invasive reptiles and amphibians using a database called InvaCost. The database collects the results of thousands of studies, reports and other documents produced by scientists, governments and non-governmental organizations.

The data revealed that invasive reptiles and amphibians have cost at least $17 billion worldwide between 1986 and 2020.

“But this cost mostly focused on two species — the brown tree snake [and] the American bullfrog,” Soto told VOA in an interview via Zoom. “But there are almost 300 invasive species of reptiles [and] amphibians. So, this means that our cost is really underestimated.”

The two species have received a disproportionate amount of attention from researchers, said economist Shana McDermott of Trinity University, who was not involved in the study.

“When you talk about invasives, people immediately will probably say, ‘Oh, the brown tree snake,’ just because its impacts are so wide-ranging,” she said via Zoom. “It’s got ecosystem biodiversity impacts. It’s got impacts to human health — it sends people to the hospital every year with bites. It takes down energy infrastructure. … And so, of course, people are like, ‘Oh God! That’s an incredibly dangerous invasive! Let’s understand it better.'”

The research bias toward a few well-known species also skews the distribution of costs worldwide. For instance, 99.6% of the $10.4 billion in costs from reptile invasions were in Oceania and the Pacific Islands, largely reflecting damage dealt by the brown tree snake in Hawaii, Guam and Northern Mariana Islands. Likewise, most damage from amphibians was in Europe.

But that doesn’t mean invasive reptiles and amphibians aren’t problematic elsewhere. Soto said there are many invasive amphibians in Africa, but their costs probably haven’t been quantified.

“There’s not enough research in these countries [to] detect the economic costs,” he said.

Soto also noted that the current cost estimate only includes costs that are easily quantified. Destroyed crops or property are easier to count than reduced quality of life or indirect damage to human health and assigning dollar values to ecological damage is trickier still, McDermott said.

“We’re still in this very early stage of trying to understand the economic costs, and trying to understand how invasive species impact ecosystems, how they impact people’s quality of life,” she said, adding that she wants to include the price of biodiversity losses in future cost estimates.

Soto and McDermott agreed that future studies should not only quantify the costs of more species in more regions but also project how the costs will evolve with time, especially as climate change continues to facilitate the spread of more invasive species.

“There is a lot still left to be determined. … I do think that quantifying it is the first step, though,” said McDermott. “Unless you can put a dollar value on it, unfortunately, you don’t get [policymakers’] attention for policy. So, this is an incredibly important topic. … We really shouldn’t be waiting on more studies to act.”

Source: Voice of America

President Buhari blames Libya for insecurity in Nigeria

ABUJA— President Muhammadu Buhari has blamed the instability in Libya as the main cause of insecurity in Nigeria and the Sahel region.

Receiving Letters of Credence of Canadian High Commissioner to Nigeria, Ambassador James Kingston Christoff and Ambassador of Mexico to Nigeria, Juan Alfred Miranda Oritz on Tuesday, Buhari commended the collective efforts of nations towards tackling security challenges across the globe, and within Nigeria, urging more collaboration to check terrorism, banditry and insurgency.

The President, according to a statement by his spokesperson, Femi Adesina told the diplomats that successes in taming insecurity had been recorded through collaboration across borders, and more could be achieved.

“The devastating effect of global insecurity, climate change and the post COVID-19 era has devastated global economies. Nations continue to struggle to recover from these multiple global challenges.

“The ongoing war between Russia and Ukraine has undermined the progress countries have achieved in tackling food security in the last decade. While, the political instability in Libya continues to fuel terrorism in the Sahel, as well as scuttle democratic sustenance in both West and Central African regions.

“Nigeria is not left out of the equation, as we are fighting to rid our country of banditry, kidnapping, herder/farmer crisis and insurgency. We are, however, making meaningful progress with the support of friendly countries like yours to sustain these fights until we overcome these challenges,’’ he was quoted as saying.

At the regional level, Buhari said Nigeria had been working with other Member-States of ECOWAS and other regional blocs, to deal with the problems of terrorism, trans-border crimes, maritime crimes such as piracy and illegal fishing on our waters, illicit drug and human trafficking, banditry, as well as unconstitutional changes of government.

Source: NAM NEWS NETWORK

UN provides more details on peacekeeper violence in DR Congo

UNITED NATIONS— The United Nations provided more details on a fatal incident on Sunday that involved UN peacekeepers in the Democratic Republic of the Congo (DRC).

The peacekeepers returning from leave to the DRC killed two civilians after initially being refused DRC entry, said Stephane Dujarric, chief spokesman for UN Secretary-General Antonio Guterres.

Preliminary information showed the troops waited overnight in an area between the official exit point from Uganda and the official entry point into the DRC. The incident occurred the next morning (Sunday) in Kasindi in the DRC’s North Kivu province, he said.

“There’s always a bit of a no man’s land between border A and border B. The troops were returning. They crossed from Uganda. They were then in that kind of a no man’s land. They were not granted immediate access into the DRC. They waited overnight, and the violence occurred the next morning,” said Dujarric.

The peacekeepers allegedly killed two civilians with gunfire and wounded 15 others.

The spokesman identified the peacekeepers only as members of a battalion from the Force Intervention Brigade of the UN peacekeeping mission in the DRC, known as MONUSCO. The force commander ordered the detention of the peacekeepers involved.

Although Dujarric did not reveal the peacekeepers’ number nor nationality, he said the mission contacted the country concerned “with a view to advancing a national judicial investigation” and that MONUSCO ordered an investigation.

There are more than 12,000 peacekeepers in the DRC from more than 10 countries.

The incident so outraged and saddened the secretary-general that he telephoned DRC President Felix Tshisekedi on Monday, apologized for the incident and offered his condolences.

Peacekeepers in North Kivu were the subject of attacks in recent weeks by demonstrators complaining they were not doing enough to protect them from various armed groups terrorizing the eastern DRC. Three peacekeepers were killed last week in the protests. Relative peace has prevailed in recent days.

Source: NAM NEWS NETWORK

Reporter’s Notebook: Remembering Al-Zawahiri’s Last News Conference

In 1998, I joined a group of journalists traveling to Afghanistan’s Khost province to meet the leaders of a militant group who’d already logged a string of attacks and were announcing a new terrorism conglomerate. As we arrived, Arab fighters fired into the air to welcome their leader, Ayman al-Zawahiri, and his patron-in-chief, Osama bin Laden, at their makeshift headquarters in the eastern Afghan province, not far from the Pakistan border.

The sky lit up with tracer rounds and the tall mountains echoed gunfire and jihadist chants of camouflaged bodyguards as the two white-robed men disembarked from their Toyota trucks. At the time, bin Laden was already a known figure in the region; al-Zawahiri’s name was then confined mostly to Egyptian media, but the cleric brought with him an air of seriousness and international focus for the cluster of Arab, Afghan, Punjabi, Kashmiri and Bengali fighters congregating in Afghanistan.

Despite his years in an Egyptian prison, al-Zawahiri, who had studied medicine as a younger man, left his mark on militant Islamist movements in his home country, including an alleged role in the 1981 assassination of Egyptian President Anwar Sadat, a leadership role in the Islamic Jihad, and the 1995 attack on the Egyptian Embassy in Islamabad. He also popularized the writings of Egyptian radical Sayyid Qutb, making him well-known among his extremist contemporaries.

Both in their 40s, al-Zawahiri and bin Laden had contrasting physiques. The former was significantly shorter (hardly 5 feet or 152 centimeters tall) and rounder than the tall and slim bin Laden, who was five years his junior — an age gap the slender Saudi appeared to respect.

It was May 26, 1998, and the two men, along with another Saudi radical, Sheikh Taseer, sat in a hall before 13 journalists to announce the merger of a new terror conglomerate, the International Islamic Front. None of them then used the title al-Qaida for the joint venture.

Al-Zawahiri was then leader of the Egypt-based Jama’at-ul-Jehad (Islamic Jihad) and bin Laden told the reporters that the newly formed front had won the support of al-Zawahiri’s organization. The two had a common goal: taking out infidels from the Arabian Peninsula.

That much was announced by bin Laden during the presser, but al-Zawahiri explained the purpose of their new group in a more informal discussion during a break for tea, during which he spun stories promoting their cause. Bin Laden opted to watch, letting the articulate al-Zawahiri indulge reporters’ curiosity about the group’s plans, life in Afghanistan under Taliban rule, and his doctrine of revenge.

Throughout the discussion, al-Zawahiri’s embrace of Islamist fundamentalism at age 15 and his deep dive into radicalism was evident.

He introduced us to loyalists, including Muhammad Showqi al-Islambuli, brother of Khalid Islambuli, the main assailant in Sadat’s murder. He appeared to take special pride announcing that he was also hosting the three sons of Sheikh Omar Abdel Rahman, the radical Egyptian cleric with ties to the 1993 bombing at New York’s World Trade Center.

Foreshadowing of larger war

Calling himself a staunch enemy of the U.S. and its allies in the Arab world, he recited a litany of complaints against the West while referencing attacks on U.S. bases and personnel in Saudi Arabia and Somalia, foreshadowing the war that his followers would soon expand. In August that year, terrorists backed by bin Laden and al-Zawahiri attacked U.S. embassies in Tanzania, and Kenya. Around 200 people, including 12 Americans, were killed in the August 7 attacks. The U.S. retaliated weeks later, firing cruise missiles at a training camp in Khost, near where journalists had interviewed the men about two months before.

While al-Zawahiri at the time was already an ideological leader in his movement with bin Laden, the August attacks expanded his public profile.

It was al-Zawahiri who was talking on a satellite phone with a journalist in Peshawar about the terrorist attack in eastern Africa that was traced by the U.S. and used to train Tomahawk missiles on the compound. The two men survived the attack, but the compound crumbled as about 20 Pakistani radicals were killed in an instant.

But that was not the last time that the U.S. missed al-Zawahiri. Intel communities later said he also survived the U.S.-led bombing of the cave complex at Tora Bora, a mountainous range on the Pakistan-Afghanistan border in December 2001.

When they were both alive, bin Laden and al-Zawahiri were believed to be living together in Afghanistan under the Taliban’s first reign, from 1996 to 2001. Some videotapes showed them walking together along rocky mountain slopes after the 9/11 attacks. Al-Zawahiri was lucky again in May 2011 when U.S. Navy SEALs killed bin Laden in a compound in Abbottabad, a garrison city in Pakistan. Analysts believed al-Zawahiri was probably hiding somewhere else along the Pakistan-Afghanistan border, or perhaps somewhere closer to bin Laden inside Pakistan.

Afghanistan was then not a desirable location for al-Qaida leaders, in part because U.S.-led forces had the ability to strike anywhere within the country. Following the Taliban’s takeover of Afghanistan last August, media reports said the al-Qaida leader felt comfortable moving to a house in central Kabul, where on Sunday a U.S. drone strike killed him while he stood on a balcony.

Source: Voice of America