May 28, 2023

ROSEN, A LEADING LAW FIRM, Encourages First Republic Bank Investors with Losses Over $2MM to Secure Counsel Before Important Deadline in Securities Class Action – FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-PL, FRC-PM, FRC-PN

NEW YORK, May 28, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Republic Bank (NYSE: FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-PL, FRC-PM, FRC-PN) between January 14, 2021 and March 14, 2023, both dates inclusive (the “Class Period”), of the important June 23, 2023 lead plaintiff deadline.

SO WHAT: If you purchased First Republic 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 First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 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 June 23, 2023. 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 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 made false and/or misleading statements, as well as failed to disclose material adverse facts about First Republic’s business, operations, and prospects. Specifically, defendants: (1) misrepresented the strength of First Republic’s balance sheet and liquidity position; (2) understated the significant pressure rising interest rates posed to First Republic’s business model; (3) misrepresented the strength of First Republic’s ability to deliver consistent results across different interest rate environments; (4) misrepresented the diversity of First Republic’s deposit funding base; and (5) misrepresented First Republic’s ability to generate net interest income (“NII”) growth and maintain stable net interest margin (“NIM”). When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 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/.

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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

GlobeNewswire Distribution ID 8847801

May 28, 2023

GWGHQ DEADLINE NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages GWG Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GWGHQ

NEW YORK, May 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GWG Holdings, Inc. L Bonds or Preferred Stock of GWG (“GWG securities”) (OTC: GWGHQ) between December 23, 2017 and April 20, 2022, both dates inclusive (the “Class Period”), of the important June 2, 2023 lead plaintiff deadline.

SO WHAT: If you purchased GWG 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 GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 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 June 2, 2023. 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) they intended to misappropriate GWG assets; (2) GWG’s life insurance investment business had failed; and (3) GWG could only repay prior investors by issuing increasing amounts of securities to new investors. In essence, defendants had turned GWG into a Ponzi scheme. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 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.

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/.

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GlobeNewswire Distribution ID 8847793

May 28, 2023

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Fulcrum Therapeutics, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – FULC

NEW YORK, May 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fulcrum Therapeutics Inc. (NASDAQ: FULC) between March 3, 2022 and March 8, 2023, both dates inclusive (the “Class Period”), of the important June 27, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Fulcrum 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 Fulcrum class action, go to https://rosenlegal.com/submit-form/?case_id=15766 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 June 27, 2023. 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) the preclinical data submitted in support of FTX-6058 (a prospective drug for the potential treatment of sickle-cell disease) showed safety concerns regarding potential hematological malignancies; (2) the foregoing safety concerns increased the likelihood that the FDA would place a clinical hold on preclinical studies of FTX-6058; (3) accordingly, Fulcrum had overstated FTX 6058’s clinical and/or commercial prospects; and (4) 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 Fulcrum class action, go to https://rosenlegal.com/submit-form/?case_id=15766 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.

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:

GlobeNewswire Distribution ID 8847787

May 28, 2023

Jordan’s total exports up 6pct in Q1 of 2023

Jordan’s total exports went up by 6.3 percent in the first quarter of 2023 to a total of JD2.118 billion, compared with JD1.993 billion recorded in the same reporting period of 2022, according to official figures. Monthly data issued by the Department of Statistics on Sunday showed that the Kingdom’s national exports picked up by 8.8 percent reaching JD1.975 billion in the first quarter of 2023, compared with JD1.815 billion recorded in the same reporting period of 2022. Meanwhile, the value of re-exports in the same period dropped by 19.1 percent to a total of JD144 million compared with JD178 million. As for imports, the figures indicate that they amounted to JD4.514 billion in the first quarter of the current year, rising by 5.6 percent from the JD4.276 billion registered in the same period of last year. According to these figures, foreign trade deficit rose by 4.9 percent to JD2.395 billion against JD2.283 billion recorded in the same period of last year. On a monthly level, total exports, which include re-exports, hit JD655.2 million in the March of 2023, signaling a decline of 15.6 percent compared to the same month of last year. Similarly, national exports dropped by 15.6 percent to reach JD603.3 million in March of the current year, while re-exports went down by 14.8 percent to a total of JD51.9 million. Imports for the month of March of the current year, amounted to JD1.504 billion, constituting a 0.8-percent decline. Foreign trade deficit rose by 14.7 percent to JD848.7 million in March 2023 compared to the figure recorded in the same month of last year.

Source: Jordan News Agency

May 28, 2023

Sharjah Sports Club wins President’s Cup for Karate

class=”slides SHARJAH, 28th May, 2023 (WAM) — The Sharjah Sports Club team was crowned champion of the President’s Cup for Karate (Kata and Kumite). Eighty athletes from seven clubs across the country competed in the championship. Major General (retired) Nasser Al Razooqi, President of the UAE and Asian Karate Federations and Vice-President of the World Karate Federation, and several sports officials attended the event. The Sharjah Sports Club team won the Kata discipline for the fourth time running and Kumite for the third time to top the general ranking for men after garnering 598 points in the 2022-2023 season. Tariq Al Fahaam

Source: Emirates News Agency (WAM)

May 28, 2023

Sharjah Chamber Discusses Potential Opening of Romanian Representative Office in Emirate to Boost Investment Climate

SHARJAH, 28th May, 2023 (WAM) — The Sharjah Chamber of Commerce and Industry (SCCI) has engaged in high-level discussions with a Romanian diplomatic delegation, exploring opportunities to strengthen economic cooperation and boost trade. Both sides also discussed the potential establishment of a Romanian trade representative office in Sharjah to stimulate joint investments and promote participation in events and exhibitions in the emirate. Abdullah Sultan Al Owais, Chairman of the SCCI, welcomed the Romanian delegation led by Bogdan Octavian Badica, Ambassador of Romania to the UAE. The two parties addressed the feasibility of organising joint economic events to showcase available investment opportunities. They brainstormed on leveraging each country’s expertise to establish joint investment projects, thereby facilitating sustainable growth in both economies. The meeting, at the SCCI’s headquarters, was attended by Abdul Aziz Shattaf, Assistant Director-General for the Communications and Business Sector; Jamal Saeed Buzangal, Director of the Media Department, and Fatima Khalifa Al Muqarrab, Director of the International Relations Department, SCCI. Al Owais emphasised that such a diplomatic visit would catalyse new opportunities to bolster bilateral economic relations between the UAE and Romania. It is expected to attract Romanian investors and entrepreneurs to Sharjah and pave the way for joint ventures, thereby increasing trade activity between the two countries. Welcoming Romania’s interest in Sharjah and shared investment, Al Owais affirmed the chamber’s commitment to providing comprehensive support to Romanian investors in the emirate, streamlining the capital transfer process for investment, and enhancing the existing economic cooperation relations, adding that Romania represents a promising market and the UAE-Romania economic cooperation relations are experiencing continuous growth. He stated that the non-oil trade exchange between the UAE and Romania had witnessed significant growth, amounting to approximately US$1.01 billion in 2022, an impressive 82 percent increase compared to the previous year. Simultaneously, the UAE’s total non-oil exports to Romania stood at an estimated $66 million in 2022, demonstrating a substantial growth rate of 79 percent compared to 2021. This indicates positive economic relations between the two nations. Badica stated that this visit reflects Romania’s interest in the UAE, particularly in the Emirate of Sharjah. “We have a strong desire to invest and establish our presence in Sharjah’s markets, especially in sectors such as manufacturing, food industries, and aviation,” he said. During the meeting, Badica highlighted the benefits of investing in Romania, urging Emirati companies to expand their investments and strengthen their presence in his country to foster new avenues of cooperation and support the growth of reciprocal investments. This progress, he asserted, would be bolstered by the support and patronage of the leadership in both nations. The meeting included discussions on establishing a new basis for cooperation, such as organising a seminar on investment opportunities and a specialised Romanian exhibition showcasing various industrial and commercial sectors at the Expo Centre Sharjah. Additionally, potential cooperation with Air Arabia was discussed to evaluate the potential of launching a direct flight route between Sharjah and Romania. Tariq Al Fahaam

Source: Emirates News Agency (WAM)