Month: November 2021

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Update: 108 Killed, 92 Injured In Fuel Tanker Explosion In Sierra Leone

At least 108 people were killed and 92 others injured, in a fuel tanker explosion here late Friday, Sierra Leone’s National Disaster Management Agency (NDMA), confirmed yesterday.

According to a statement by NDMA, a loaded fuel tanker and a truck carrying granite collided on a highway, while the fuel tanker was about to enter a nearby filling station.

Footages and eyewitnesses revealed that, while the collision took place, both drivers came out of their vehicles and warned residents to stay off the scene, while trying to address a leakage emanating from the collision, said the statement.

In the interim, some community members rushed to the scene and took advantage of the leakage to scoop fuel and store it in nearby makeshift structures. In the cause of scooping the fuel, a major explosion happened and resulted in a fire disaster, it added.

The statement said, the injured were admitted into different hospitals across the city, suffering varying degrees of burn. Meanwhile, medical supply has been provided to the victims.

Sierra Leonean President, Julius Maada Bio, yesterday expressed his condolences over the fuel tanker explosion, saying, the government will “do everything to support affected families.”

In the meantime, the president cancelled his trip to the Extraordinary Session of the Economic Community of West African States Authority of Heads of State and Government, which is set to be held in Ghana today.

Source: Nam News Network

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ROSEN, A LEADING LAW FIRM, Encourages Nano-X Imaging Ltd. Investors to Secure Counsel Before Important December 6 Deadline in Securities Class Action – NNOX

NEW YORK, Nov. 06, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Nano-X Imaging Ltd. (NASDAQ: NNOX) between June 17, 2021 and August 18, 2021, inclusive (the “Class Period”), of the important December 6, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Nano-X 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 Nano-X class action, go to http://www.rosenlegal.com/cases-register-2171.html 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 December 6, 2021. 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. 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) Nano-X’s 510(k) application for the Nanox.ARC (an imaging system that uses a purportedly novel X-ray source) was deficient; (2) accordingly, it was unlikely that the U.S. Food and Drug Administration (the “FDA”) would approve the 510(k) application for the Nanox.ARC in its current form; (3) as a result, Nano-X had overstated Nanox.ARC’s regulatory and commercial prospects; and (4) as a result, the 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 Nano-X class action, go to http://www.rosenlegal.com/cases-register-2171.html 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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LDI FINAL DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages loanDepot, Inc. Investors to Secure Counsel Before Important November 8 Deadline in Securities Class Action – LDI

NEW YORK, Nov. 06, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of loanDepot, Inc. (NYSE: LDI) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with loanDepot’s February 16, 2021 initial public offering (the “IPO”) of the important November 8, 2021 lead plaintiff deadline.

SO WHAT: If you purchased loanDepot securities pursuant and/or traceable to the IPO 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 loanDepot class action, go to http://www.rosenlegal.com/cases-register-2156.html 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 November 8, 2021. 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. 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, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) loanDepot’s refinance originations had already declined substantially at the time of the IPO due to industry over-capacity and increased competition; (2) loanDepot’s gain-on-sale margins had already declined substantially at the time of the IPO; (3) as a result, loanDepot’s revenue and growth would be negatively impacted; and (4) as a result of the foregoing, defendants’ positive statements about loanDepot’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 loanDepot class action, go to http://www.rosenlegal.com/cases-register-2156.html 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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Synchronoss Personal Cloud Solution Selecionado pela Telkomsel para Apoiar a Oferta de Serviços Digitais

Com a nova parceria, a operadora móvel da Indonésia passará a oferecer serviços pessoais de nuvem para um mercado de mais de 170 milhões de assinantes

BRIDGEWATER, N.J., Nov. 05, 2021 (GLOBE NEWSWIRE) — A Synchronoss Technologies, Inc. (NASDAQ: SNCR), líder global e inovadora de soluções de nuvem, mensagens e digitais, anunciou hoje a oferta da sua solução de nuvem pessoal para Telkomsel a maior operadora de telefonia móvel da Indonésia. Com a solução Synchronoss Personal Cloud, os assinantes da Telkomsel poderão fazer back up gerenciar seus valiosos conteúdos digitais, incluindo fotos e vídeos, em qualquer dispositivo.

A solução Synchronoss Personal Cloud de marca branca – com a marca “Floudrive” gerenciada pela Telkomsigma – será disponibilizada para os 170 milhões de assinantes da Telkomsel como um recurso premium. Os assinantes poderão escolher entre dois níveis de armazenamento diferentes e receber um período inicial gratuito de 30 dias. A solução oferece para os assinantes uma experiência de armazenamento na nuvem confiável e intuitiva, com capacidade de backup e sincronização de conteúdo digital, além dos recursos avançados de etiquetagem e pesquisa.

“Estamos contentes com a nossa parceria com a Synchronoss que permitirá a integração das suas soluções de nuvem pessoal com o nosso canal de consumo”, disse Tanto Suratno, Diretor de Negócios e Vendas da Telkomsigma. “Com a nossa oferta de nuvem pessoal atingindo o seu limite, esse é o momento perfeito para aproveitar essa oportunidade de proporcionar para os nossos assinantes uma solução avançada que atenda às suas necessidades em constante mudança. Estamos preparados para viabilizar que os nossos clientes otimizem e gerenciem seus preciosos conteúdos digitais, com proteção e armazenamento seguro. Além de beneficiar nossos clientes, essa parceria também representa o próximo passo do nosso avanço para oferta de mais serviços digitais.”

A solução será entregue através do acordo da Synchronoss com a Telkomsigma, a unidade de Serviços de TI e Data Center da Telkomsel, e com a Telkom Indonesia, a empresa controladora da Telkomsigma. E, ao contrário de outras soluções de nuvem do mercado, a nuvem pessoal da Synchronoss permite que os dados do assinante sejam armazenados no país, um requisito essencial para a Telkomsel estar em conformidade com as leis da Indonésia.

Anthony Socci, Presidente e Gerente Geral, APAC da Synchronoss, disse que está encantado em trabalhar com a Telkomsel com a sua nova oferta na nuvem. “Como provedor de soluções de nuvem privada, estamos sempre buscando maneiras de apoiar parceiros de telecomunicações com a sua missão de fornecer serviços digitais mais variados e avançados para seus assinantes. Essa solução na nuvem será fundamental para a Telkomsel, pois facilita uma experiência mais integrada e promove um gerenciamento mais seguro dos ativos pessoais”, disse ele. “Este acordo tem por base o sucesso que tivemos com a Telkomsigma, que nos impressionou e inspirou a Telkomsel a fazer ofertas semelhantes para seus assinantes móveis. Isso também possibilitará maiores sinergias entre as duas organizações dentro do grupo.”

Para mais informações sobre as soluções de nuvem Synchronoss, visite synchronoss.com/solutions/cloud.

Sobre a Synchronoss
A Synchronoss tecnologia(NASDAQ: SNCR) cria software que capacita empresas ao redor do mundo a se conectarem com seus assinantes de forma confiável e significativa. O conjunto de produtos da empresa ajuda a agilizar as redes, simplificar a integração e envolver os assinantes, permitindo novos fluxos de receita, redução dos custos e aumento da velocidade no mercado. Centenas de milhões de assinantes confiam nos produtos da Synchronoss que se mantêm em sincronia com as pessoas, serviços e os conteúdos que elas gostam. É por isso que mais de 1.500 funcionários talentosos da Synchronoss em todo o mundo se esforçam todos os dias para reimaginar um mundo em sincronia. Saiba mais em www.synchronoss.com

Contato com a Mídia

Em nome da Synchronoss:
Anais Merlin,
CCgroup,
E: synchronoss@ccgrouppr.com

Contato com o Investidor
Em nome da Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com

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La solution Synchronoss Personal Cloud choisie par Telkomsel pour renforcer son offre de services numériques

Ce nouveau partenariat permettra à l’opérateur de téléphonie mobile indonésien d’apporter des services de cloud personnel sur un marché de plus de 170 millions d’abonnés

BRIDGEWATER, NEW JERSEY, 05 nov. 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ : SNCR), un leader mondial et innovateur dans le domaine des solutions numériques, de messagerie et de cloud, a annoncé aujourd’hui qu’elle fournirait sa solution de cloud personnel à Telkomsel, le plus grand opérateur de téléphonie mobile d’Indonésie. L’ajout de la solution Synchronoss Personal Cloud offrira aux abonnés de Telkomsel la possibilité de sauvegarder et de gérer leur précieux contenu numérique, y compris leurs photos et vidéos, depuis n’importe quel appareil.

La solution en marque blanche Synchronoss Personal Cloud, « Floudrive », et gérée par Telkomsigma, sera mise à la disposition des 170 millions d’abonnés de Telkomsel en tant que fonctionnalité haut de gamme. Les abonnés pourront choisir entre deux niveaux de stockage différents et profiter d’une période initiale de 30 jours gratuits. La solution offre aux abonnés une expérience de stockage dans le cloud fiable et intuitive, avec la possibilité de sauvegarder et de synchroniser le contenu numérique, tout en introduisant des capacités avancées d’étiquetage et de recherche.

« Nous sommes ravis de nous associer à Synchronoss pour intégrer ses solutions de cloud personnel dans notre canal de consommation », a déclaré Tanto Suratno, directeur des affaires et des ventes chez Telkomsigma. « Après avoir dépassé notre offre de cloud personnel existante, c’est le moment idéal pour saisir cette opportunité et fournir à nos abonnés une solution avancée qui répond à leurs besoins en constante évolution. Nous sommes impatients de permettre à nos clients d’optimiser et de gérer leur précieux contenu numérique, ainsi que de le protéger et de le stocker en toute sécurité. En plus de bénéficier à nos clients, ce partenariat représente également la prochaine étape alors que nous nous dirigeons vers plus de services numériques. »

La solution sera fournie par le biais de l’accord de Synchronoss avec Telkomsigma, la branche dédiée aux Services informatiques et Centres de données de Telkomsel et la société mère de Telkomsigma, Telkom Indonesia. Contrairement aux autres solutions cloud disponibles sur le marché, le cloud personnel fourni par Synchronoss permet de stocker les données des abonnés dans le pays, une exigence essentielle pour que Telkomsel respecte la législation indonésienne.

Anthony Socci, président et directeur général, APAC pour Synchronoss, a déclaré qu’il était ravi de travailler avec Telkomsel sur sa nouvelle offre de cloud. « En tant que fournisseur de solutions de cloud privé, nous cherchons toujours des moyens d’aider les partenaires de télécommunications dans leur mission consistant à fournir des services numériques plus variés et plus avancés à leurs abonnés. Cette solution cloud sera essentielle à Telkomsel car elle facilite une expérience plus intégrée et favorise une gestion plus sûre des actifs personnels », a-t-il déclaré. « Cet accord s’appuie sur le succès que nous avons déjà connu avec Telkomsigma, qui a impressionné et inspiré Telkomsel pour proposer des offres similaires à ses abonnés mobiles. Cela créera également de plus grandes synergies entre les deux organisations au sein du groupe. »

Pour en savoir plus sur les solutions cloud de Synchronoss, consultez la page synchronoss.com/solutions/cloud.

À propos de Synchronoss
Synchronoss Technologies (NASDAQ : SNCR) est un développeur de logiciels permettant aux entreprises du monde entier de se connecter à leurs abonnés de manière fiable et pertinente. Sa gamme de produits contribue à rationaliser les réseaux, simplifier l’intégration et interagir avec les abonnés afin de créer de nouvelles sources de revenus, réduire les coûts et accélérer la mise sur le marché. Plusieurs centaines de millions d’abonnés font confiance à Synchronoss pour rester en phase avec les individus, les services et les contenus qu’ils aiment. C’est pourquoi les plus de 1 500 talentueux collaborateurs de Synchronoss à travers le monde s’efforcent chaque jour de repenser un monde synchrone. Pour en savoir plus, rendez-vous sur www.synchronoss.com.

Contacts pour les médias

Pour Synchronoss :
Anais Merlin,
CCgroup,
E : synchronoss@ccgrouppr.com

Contact avec les investisseurs
Pour Synchronoss : Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc.,
E-mail : investor@synchronoss.com

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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Lightning eMotors, Inc. f/k/a GigCapital3, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – ZEV, ZEV.WS

NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lightning eMotors, Inc. f/k/a GigCapital3, Inc. (NYSE: ZEV, ZEV.WS) between May 7, 2021 and August 16, 2021, inclusive (the “Class Period”) of the important December 14, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Lightning eMotors 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 Lightning eMotors class action, go to http://www.rosenlegal.com/cases-register-2155.html 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 December 14, 2021. 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. 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 Company would record a substantially greater net loss per share in the second quarter of 2021 compared to the second quarter of 2020 and would pull its full year guidance for the remainder of 2021; (2) accordingly, the Company materially overstated its financial position and/or prospects; and (3) as a result, the Company’s 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 Lightning eMotors class action, go to http://www.rosenlegal.com/cases-register-2155.html 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

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Eargo, Inc. Investors with Losses Over $100K to Secure Counsel Before Important December 6 Deadline in Securities Class Action – EAR

NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Eargo, Inc. (NASDAQ: EAR) between February 25, 2021 and September 22, 2021, inclusive (the “Class Period”), of the important December 6, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Eargo 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 Eargo class action, go to http://www.rosenlegal.com/cases-register-2162.html 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 December 6, 2021. 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. 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) Eargo had improperly sought reimbursements from certain third-party payors; (2) the foregoing was reasonably likely to lead to regulatory scrutiny; (3) as a result and because the reimbursements at issue involved the Company’s largest third-party payor, Eargo’s financial results would be adversely impacted; and (4) as a result of the foregoing, defendants’ positive statements about the Company’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 Eargo class action, go to http://www.rosenlegal.com/cases-register-2162.html 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

ACAMS Middle East and North Africa (MENA) Conference Offers Roadmap for Meeting Emerging Anti-Financial Crime Compliance Risks in MENA

Top governmental officials and financial-crime experts to outline regulatory expectations and compliance best practices on preventing trade-based money laundering, ransomware attacks, sanction evasion, and the criminal misuse of real estate and precious metals, among other forms of illicit finance

Abu Dhabi, UAE, Nov. 05, 2021 (GLOBE NEWSWIRE) — As part of its ongoing effort to foster greater dialogue between regulators and anti-financial crime (AFC) professionals operating in the Middle East and North Africa (MENA), ACAMS will host a unique, two-day event for its 12th Annual AML & Anti-Financial Crime Conference – MENA. Beginning on November 7, attendees of this fully virtual conference will learn compliance strategies and industry best practices from high-level governmental officials and subject-matter experts, including representatives from the Middle East and North Africa Financial Action Task Force (MENAFATF), Saudi Arabia’s Capital Market Authority, the United Arab Emirate’s Ministry of Economy, the Central Bank of Bahrain, Banque du Liban, and many of the region’s largest banks and FinTech firms, among others.

 

Speakers at the conference will offer practical guidance on AFC compliance topics as the growing money-laundering risks for designated non-financial businesses and professions (DNFBPs), the use of artificial intelligence and machine learning tools to detect emerging fraud typologies, risk mitigation policies and procedures for the virtual assets sector, the impact of China sanctions on trade finance and supply chains, and compliance strategies to minimize exposure to criminal activity in free trade zones and the maritime industry.

 

“Amid international calls for financial institutions to strengthen their AFC effectiveness and make new efforts to identify payments tied to cybercrime and other illicit activity, the challenges facing compliance professionals and regulatory agencies today have never been greater,” said ACAMS President and Managing Director, Scott Liles. “That’s why we’ve designed ACAMS MENA around the concept that fostering strong communication lines between financial institutions and governmental agencies is a crucial step in the fight against illicit finance.”

 

“Attendees of this event will not only have the opportunity to glean insights on such developments as the rising role of FinTech firms in the compliance space and the recent launch of the UAE’s new anti-money laundering office, but they’ll also walk away with practical compliance advice on how to best safeguard their own institutions from new and long-standing financial-crime risks,” said Liles.

 

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About ACAMS®

ACAMS is a member of Adtalem Global Education (NYSE: ATGE), a leading workforce solutions provider headquartered in the United States. ACAMS is the largest international membership organization dedicated to enhancing the knowledge and skills of anti-money laundering (AML) and financial crime prevention professionals from a wide range of industries. Its CAMS certification is the most widely recognized AML certification among compliance professionals worldwide. Its new Certified Global Sanctions Specialist (CGSS) certification commenced in January 2020. Visit acams.org for more information.

 

About Adtalem Global Education

Adtalem Global Education (NYSE: ATGE), a leading workforce solutions provider, partners with organizations in the healthcare and financial services industries to solve critical workforce talent needs by expanding access to education, certifications and upskilling programs at scale. With a dedicated focus on driving strong outcomes that increase workforce preparedness, Adtalem empowers a diverse learner population to achieve their goals and make inspiring contributions to the global community. Adtalem is the parent organization of ACAMS, American University of the Caribbean School of Medicine, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine, Ross University School of Veterinary Medicine and Walden University. Adtalem has more than 10,000 employees, a network of nearly 275,000 alumni and serves over 82,000 members across 200 countries and territories. Adtalem was named one of America’s Most Responsible Companies 2021 by Newsweek and one of America’s Best Employers for Diversity 2021 by Forbes. Follow Adtalem on Twitter (@adtalemglobal), LinkedIn or visit adtalem.com for more information.

 


Lashvinder Kaur
Association of Certified Anti-Money Laundering Specialists
+44 7388 264478
LKaur@acams.org