April 12, 2023 – Somalia News Gazette

April 12, 2023

Dubai Hospitality Platform Qstay Expands to Ras Al Khaimah, London, and Riyadh

DUBAI, ARAB EMIRATES / ACCESSWIRE / April 12, 2023 / Dubai DIFC-based Qstay Hospitality Technologies, a next-generation hospitality company that is transforming the guest experience through technology and design, announced today that it is launching its first 30 properties in the emirate of Ras al Khaimah this month. In addition, the company plans to scale its model to London starting this summer, with plans to launch properties by autumn. Qstay is also planning to expand to Riyadh and the Emirates of Fujairah and Abu Dhabi later this year.

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Since its founding, Qstay has been on a mission to redefine the hospitality industry through modern, technology-powered service and inspiring, thoughtfully designed accommodations, combined into one seamlessly managed experience. The company operates over 250 properties, with 200 more signed and expects to have 450 revenue-generating units by the end of 2023. Qstay had raised $6.5 million in seed funding and is currently closing $8.5 million pre-Series A round.

Qstay plans to capitalize on opportunities within the growing $800+ billion global lodging market and strengthen its position as a differentiated, rapidly growing innovator in the hospitality industry. The company’s business model focuses on providing luxury hotel-like services and amenities, such as bathrobes, slippers, luxury toiletries, bathroom amenities, tea, Starbucks coffee, and digital app-based access to external facilities such as nearby pools, private beaches, gyms, and spas.

Qstay is developing a differentiated, AI-powered tech-driven platform that will provide digital concierge and customer support, seamless booking, digital check-in, keyless entry, app-based access to hotels and resorts’ facilities with private beaches and pools, business centers, spas, and gyms. The company’s platform also includes a unified system for maintenance and service, which employs smart HVAC equipment and sensors.

“Our expansion to Ras al Khaimah, London, and Riyadh marks an important milestone for Qstay and reflects our commitment to transforming the hospitality industry through technology and design,” said Artur Khayrullin, co-founder of Qstay. “We are excited to bring our unique approach to hospitality to new markets and to provide guests with an exceptional experience that combines luxury amenities and innovative technology,” added Alec Fesenko, co-founder.

Qstay’s competitors include companies like Blueground and Sonder. However, Qstay’s differentiated approach has allowed the company to achieve higher ratings on Airbnb and Booking.com than its competitors, resulting in an exceptional occupancy rate of over 80% and an outstanding Revenue per Available Room (RevPAR) of $191, which is well above that of its competitors. The company’s revenue is growing at a rate of over 100% YoY, and it had a positive net income in Q4 2022 and Q1 2023.

As Qstay expands its operations to new markets, the company remains committed to delivering an exceptional guest experience through its technology-powered service and inspiring, thoughtfully designed accommodations.

Contact Information

Artur Khayrullin
CEO
artur@qstay.ae
+971521296590

SOURCE: Qstay Hospitality Technologies

April 12, 2023

Escalent Acquires C Space, Hall & Partners

Union gives rise to an impressive global partner to the world’s leading businesses

Melissa Sauter

Escalent CEO

DETROIT, April 12, 2023 (GLOBE NEWSWIRE) — Top data analytics and advisory firm Escalent announces today it has acquired C Space and Hall & Partners from Omnicom. As leading partners to some of the world’s exceptional brands, Escalent, C Space and Hall & Partners have been helping companies innovate, improve, and navigate disruption for years. Now they are coming together to create a bigger, stronger and more capable partner to the world’s leading companies, combining deep industry expertise across brands, customers and products on a focused, global market insights platform to help clients find new sources of growth.

Together, the organizations have earned trusted partner status to the world’s leading brands across fast-growing industries including Automotive & Mobility, Consumer Goods & Retail, Financial Services, Health, and Technology as well as Energy, Telecom and Travel & Tourism.

“This union is rooted in unparalleled expertise in what drives human beings, cultures and markets—an understanding that makes our team incredibly valuable partners and positions our clients for success in today’s fast-paced, ever-changing business climate,” said Escalent CEO Melissa Sauter. “Together, there is tremendous growth potential for our employees, clients and shareholders across the globe.”

Escalent + C Space, Hall & Partners

Escalent Acquires C Space, Hall & Partners

Hall & Partners brings an excellent research and brand management franchise coupled with proprietary technology including an award-winning brand knowledge management platform to the union. C Space brings the market-leading solution for building communities and customer relationships, and Escalent brings a strong global platform with deep industry knowledge, and advanced capabilities in secondary research and analytics. The combined organization creates a powerful global presence with nearly 2,000 consultants, researchers, data scientists, technologists and operational experts in 20 countries.

“This acquisition is a big win for our employees,” added C Space CEO Jessica DeVlieger. “Our organizations are forward-thinking and offer employees an opportunity to nurture their professional growth through expanded products and services that have a real impact on our clients, in an environment that celebrates diversity and recognizes each team member’s valuable contributions.”

“Over the coming year, cross-company teams will work together to develop a thoughtful plan that ensures our clients and employees feel the benefits from our combined organization,” said Hall & Partners CEO Tim Wragg. “We are perfectly balanced to offer deep resources and leading technology while remaining devoted to personal client relationships. We’re eager to start working toward our future.”

DeVlieger and Wragg will continue to lead their organizations as part of Sauter’s executive leadership team. Clients will continue to work with the same experienced teams, and there are no near-term plans to change company locations or merge brand identities.

“We are very excited to put together these amazing capabilities into a focused, yet global leader dedicated to the highest quality research and insights for our clients. Together the companies create a fantastic combination of depth of expertise with scale and growth capability, while still being focused on one shared core mission. As such, the combined organization will continue to differentiate with their clients through exceptional insights and partnership,” said J.T. Treadwell, Managing Director at STG, Escalent’s financial sponsor.

About Escalent
Escalent is an award-winning data analytics and advisory firm specializing in industries facing disruption and business transformation. As catalysts of progress for more than 40 years, we accelerate growth by creating a seamless flow between primary, secondary, syndicated, and internal business data, providing consulting and advisory services from insights through implementation. Escalent is headquartered in Livonia, Michigan with locations across the US and in Canada, China, India, Ireland, the Philippines, Singapore, South Africa, UAE and the UK. Visit escalent.co to see how we are helping shape the brands that are reshaping the world.

About C Space

C Space is a global customer insight, strategy and innovation agency building customers into the ways businesses work. Partnering with the world’s best-known brands including Walmart, McDonald’s, IKEA and more, C Space helps clients unlock growth through the power of human relationships—co-creating with customers, instead of for them, for increased relevance, deeper loyalty and higher customer lifetime value. C Space’s full-service customer solutions are tailored to meet specific business needs with a focus on private online communities, co-creation events, workshops and powerful storytelling and insights activation. Headquartered in Boston, C Space has offices in London, New York, San Francisco and Mexico City.

About Hall & Partners

Hall & Partners is a team of unconventional thinkers, obsessed with how marketing influences the relationship between people, brands and culture. Born out of adland, we are the insight agency known for weaving creativity with science. We distil data through a strategic lens to reveal ‘uncommon insights’ – human truths tailored to individual brands, not blackbox data available to the masses. We partner with clients to shape brand strategy and optimize brand and campaign performance. Our award-winning approach amplifies insights across every business area, propelling marketing decision-making to create an unmatched competitive advantage. Headquartered in London, Hall & Partners has offices in New York, Los Angeles, and Chicago.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/a9fa10fe-a141-4ab5-9823-af7a6ccf35c3

https://www.globenewswire.com/NewsRoom/AttachmentNg/fd85618f-f66f-4b47-957b-53e9fb689ffb

Contact        
Lisa Viselli, 734.779.6851

lisa.viselli@escalent.co

GlobeNewswire Distribution ID 8806130

April 12, 2023

Responding to the Need for Accelerated Nursing Credentials Verification, CGFNS and NCSBN Step Up Collaboration to Address Gaps and Improve Efficiencies

PHILADELPHIA, PA / ACCESSWIRE / April 12, 2023 / As U.S. health systems continue to struggle with a chronic nursing shortage, the National Council of State Boards of Nursing and CGFNS International, a global leader in international credentials evaluation to support health professional mobility, are expanding their collaboration to help expedite credentials verification while boosting fraud detection and ensuring patient safety.

The cooperative effort will focus on information-sharing between the two organizations and technology improvements aimed at creating efficiencies that will streamline credentials verification for nurses applying to work in a new jurisdiction. This comes as state nursing boards across the U.S. face growing pressure to accelerate verification processes and enable nursing staff vacancies to be filled more quickly.

Meanwhile, with growing numbers of foreign-trained nurses applying to work in the United States, the collaboration will also aim to improve efficiencies in verifying their qualifications and shorten approval times, while also improving the capabilities of verification systems to detect fraudulent activities. To further strengthen fraud protection and ensure patient safety, the two organizations will work to facilitate data-sharing between CGFNS’ worldwide credentials verification systems and NCSBN’s online tools that member boards use to share information about imposter and/or fraudulent nurses.

“Together, we want to vastly reduce the time-consuming manual processes that nursing schools, licensing authorities and nurses themselves must go through to gather and verify transcripts, examination scores, licenses and other information that is essential to ensuring that nurses are qualified to practice,” said Peter Preziosi, President and CEO of CGFNS International.

“At a time when health systems are struggling to fill nursing staff vacancies, this collaboration will help expand the flow of qualified nurses to where they are needed by making verification systems more efficient, while hardening them against fraud,” he added.

“Our members, the state nursing boards, face the enormous challenge of shortening the time it takes to access the necessary information needed to gain licensure, while also ensuring the integrity of the health workforce and patient safety. The steps we are taking to interface our systems with CGFNS will help us achieve both of those goals,” said David Benton, Chief Executive Officer of the NCBSN.

About CGFNS International, Inc.
Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world’s largest credentials evaluation organization for the nursing and allied health professions. For more information, visit www.cgfns.org.

About NCSBN
Empowering and supporting nursing regulators across the world in their mandate to protect the public, NCSBN is an independent, not-for-profit organization. As a global leader in regulatory excellence, NCSBN champions regulatory solutions to borderless health care delivery, agile regulatory systems and nurses practicing to the full scope of their education, experience and expertise. A world leader in test development and administration, NCSBN’s NCLEX® Exams are internationally recognized as the preeminent nursing examinations.

Contact Information:

Mukul Bakhshi, Esq.
Chief of Strategy and Government Affairs
mbakhshi@cgfns.org
(215) 243-5825

SOURCE: CGFNS International

April 12, 2023

GlobeNewswire, le réseau de distribution de communiqués de presse de Notified, a distribué un nombre record de communiqués en 2022, soit une augmentation de 16 % au cours des deux dernières années

Notified constate un élan continu et fournit les meilleures pratiques pour la distribution de communiqués de presse

NEW YORK, 12 avr. 2023 (GLOBE NEWSWIRE) — Notified, partenaire technologique mondialement reconnu pour les professionnels du marketing, des relations publiques et des relations avec les investisseurs, a annoncé aujourd’hui que GlobeNewswire avait constaté une augmentation de 16 % du nombre de communiqués de presse distribués par les clients au cours des deux dernières années. Cette croissance est soulignée par une étude récente menée en partenariat avec PRWeek, qui a révélé que 79 % des professionnels des relations publiques pensent que les communiqués de presse représentent une part précieuse du mix médias, 65 % rapportant travailler « de manière approfondie » sur le contenu des communiqués.

GlobeNewswire est l’un des plus grands réseaux de distribution de communiqués de presse au monde, étant chargé d’apporter de manière sécurisée et fiable des communications cruciales au nom de plus d’un tiers des 2 000 plus grandes sociétés du monde. Le réseau distribue des communiqués dans plus de 150 pays et dans 35 langues afin d’accroître la visibilité des actualités et des annonces clés des entreprises. Il reçoit constamment des éloges de la part des clients pour son soutien de haute qualité, et a gagné cinq badges dans le G2 Spring Report 2023, pour avoir été très bien noté par les utilisateurs actuels.

L’année dernière, en réponse à l’évolution des besoins des entreprises mondiales, GlobeNewswire a ajouté trois nouveaux circuits Environnementaux, Sociaux et de Gouvernance (ESG), couvrant l’Amérique du Nord, l’Europe et la région Asie-Pacifique. Chaque circuit comprend un réseau de distribution régional très complet, plus une liste minutieusement préparée de journalistes qui présentent un intérêt particulier pour l’ESG et la responsabilité sociale des entreprises, ainsi que des métiers couvrant les sujets environnementaux et philanthropiques.

Cette année, GlobeNewswire se consacre à faire avancer la technologie des relations publiques en travaillant main dans la main avec ceux qui l’utiliseront. Le mois dernier, il a introduit le premier outil d’IA générative pour la création de communiqués proposé par un service de presse. Pour en savoir plus et demander d’accéder à la version bêta du générateur de communiqués de presse avec IA de GlobeNewswire, rendez-vous sur https://insight.notified.com/globenewswire-ai.

« La croissance continue de GlobeNewswire est la preuve que le communiqué de presse ne va pas disparaître : en fait, il s’agit d’un outil de communication absolument essentiel dans l’environnement commercial dynamique d’aujourd’hui qui permet aux sociétés de raconter leur histoire », a déclaré Jessica Brown, VP du marketing chez Notified. « Quelle que soit la taille d’une organisation, un communiqué de presse est une source unique et incontestable de vérité, il est essentiel à la stratégie de communication d’entreprise. Les professionnels des relations publiques peuvent en tirer des avantages en comprenant les meilleures pratiques de distribution qui améliorent directement la visibilité, la syndication et les résultats médiatiques. »

Un snippet média accompagnant ce communiqué de presse est accessible en sélectionnant l’image ou le lien ci-dessous :

Les conseils suivants, décrits dans le dernier livre électronique de Notified, « How to Improve Your Media Outreach in 2023 » (Comment améliorer votre couverture médiatique en 2023), fournissent des lignes directrices aux communicants afin d’optimiser le retour sur investissement des communiqués de presse :

Comprendre l’optimisation du référencement : améliorez l’optimisation pour les moteurs de recherche (SEO) en alignant les mots-clés avec la messagerie et le public cible de manière naturelle. N’oubliez pas que la première ligne présentée dans le communiqué de presse est ce qui sera vu dans les résultats de recherche Google.
Penser comme un journaliste : soyez impartial(e) et tactique au niveau de l’écriture pour créer des communiqués de presse accrocheurs et faciles à lire : évitez le jargon et soyez sûr(e) de diriger avec des faits dignes d’intérêt, en utilisant des citations et des données comme preuves.
Utiliser le multimédia pour améliorer les résultats : créez un communiqué de presse plus complet et engageant en incluant des images, des vidéos, des clips audio, des graphiques et d’autres médias intégrés (et téléchargeables). Dans le texte alternatif pour les images, ajoutez des mots-clés ou des termes de recherche associés pour augmenter les résultats de recherche. Utilisez des images compressées et des extensions de nom de fichier standard, comme .jpg ou .jpeg, ainsi que des titres descriptifs.
Tirer parti de votre salle de rédaction en ligne : dans un environnement médiatique difficile, la salle de rédaction sert de ressource de contenu à jour et facile à consommer et de source d’informations auxquelles les journalistes et les parties prenantes font confiance.

Pour en savoir plus sur GlobeNewswire, rendez-vous sur : https://www.globenewswire.com/

À propos de Notified
Notified est déterminée à faciliter pour les marques la création et le partage d’histoires percutantes avec le monde. Notre suite de solutions de classe mondiale primées et notre équipe dédiée du service client sont utilisées par plus de 10 000 clients mondiaux, allant d’entreprises en pleine croissance et de sociétés cotées à certaines des marques les plus connues dans le monde.

Les solutions de Notified aident les entreprises à partager et à amplifier efficacement leurs histoires avec les clients, les investisseurs, les employés et les médias. De la distribution des communiqués de presse via GlobeNewswire aux téléconférences sur les résultats, en passant par les sites Web des relations avec les investisseurs, l’écoute sociale, l’engagement des médias, les webinaires et les expériences numériques, Notified fait tout ce que vous pourriez souhaiter. Notified fait partie de West Technology Group, LLC (anciennement Intrado Corporation), qui est contrôlé par les sociétés affiliées de certains fonds gérés par Apollo Global Management, Inc. (NYSE : APO). Le siège social de Notified est à New York, dans l’État de New York.

Pour en savoir plus, rendez-vous sur le site www.notified.com ou suivez-nous sur LinkedIn, Twitter ou sur notre blog.

Contact :
Hannah Freedman
Directrice des médias et communications
hannah.freedman@notified.com

GlobeNewswire Distribution ID 8806317

April 12, 2023

GlobeNewswire, a Rede de Distribuição Newswire da Notified, Distribuiu um Número Recorde de Comunicados para a Imprensa em 2022, um Aumento de 16% nos Últimos Dois Anos

Notified Acompanha Momento e Fornece Melhores Práticas para Distribuição de Comunicados para a Imprensa

NOVA YORK, April 12, 2023 (GLOBE NEWSWIRE) — A Notified, parceira de tecnologia parceira de tecnologia de confiança em todo o mundo para profissionais de relações com investidores, relações públicas e marketing, anunciou hoje que a GlobeNewswire teve um aumento de 16% nos comunicados para a imprensa distribuídos pelos clientes nos últimos dois anos. Esse crescimento é confirmado em um estudo recente realizado em parceria com a PRWeek, que revelou que 79% dos profissionais de relações públicas acreditam que os comunicados para a imprensa são importante para a mídia, com 65% indicando que trabalham “extensivamente” com eles em lançamento de conteúdo.

Uma das maiores redes de distribuição de notícias do mundo, responsável pelo fornecimento seguro e confiável de comunicados essenciais em nome de mais de um terço das 2.000 maiores empresas do mundo, a GlobeNewswire distribui comunicados para a imprensa em mais de 150 países em 35 idiomas para aumentar a visibilidade das notícias e comunicados das principais empresas. A empresa é sempre elogiada pelos clientes por oferecer suporte de alta qualidade, tendo recebido cinco distintivos no G2 Spring Report 2023, por sua alta pontuação pelos usuários.

No ano passado, em resposta às crescentes necessidades das empresas globais, a GlobeNewswire adicionou três novos circuitos Environmental, Social and Governance (Ambientais, Sociais e de Governança – ESG) – abrangendo a América do Norte, Europa e região da Ásia-Pacífico. Cada circuito inclui uma rede de distribuição regional abrangente, além de uma lista cuidadosamente selecionada de jornalistas especialmente interessados em ESG e responsabilidade social corporativa, bem como empresas que abordam temas ambientais e filantrópicos.

Este ano, a GlobeNewswire está focada no avanço da tecnologia de relações públicas, trabalhando em conjunto com tais empresas. No mês passado ela lançou a primeira ferramenta de IA geradora para a criação de comunicados para imprensa oferecidos por um serviço de notícias. Para mais informação e inscrição no beta do gerador de comunicados para a imprensa da GlobeNewswire AI, visite https://insight.notified.com/globenewswire-ai.

“O crescimento constante da GlobeNewswire é a prova de que o comunicado para a imprensa continua sendo muito importante – na verdade, é uma ferramenta de comunicação absolutamente essencial para as empresas dinâmicas de hoje contarem sua história”, disse Jessica Brown, VP de Marketing da Notified. Para organizações de qualquer tamanho, um comunicado para a imprensa é uma fonte única e indiscutível de verdade, essencial para a estratégia de comunicação corporativa. Os profissionais de Relações Públicas podem obter uma vantagem ao entender as melhores práticas de distribuição que melhoram diretamente a visibilidade, distribuição e resultados de mídia obtidos.

Para um Snippet de Mídia deste comunicado, selecione a imagem ou o link abaixo:

As dicas a seguir, descritas no último eBook da Notified, “How to Improve Your Media Outreach in 2023” (Como Melhorar o Alcance da Sua Mídia em 2023) – fornecem diretrizes para os comunicadores otimizarem o ROI dos comunicados para a imprensa:

Entenda o SEO: aumente a otimização do mecanismo de pesquisa com o alinhamento natural das palavras-chave com as mensagens e o público-alvo. Lembre-se de que a primeira linha do comunicado para a imprensa é o que é apresentado nos resultados de pesquisa do Google.
Pense Como um Jornalista: seja imparcial e tático com a escrita na criação de comunicados para a imprensa breves e fáceis de ler – evite jargões e inicie com fatos interessantes, com citações e dados como pontos de prova.
Use a Multimídia para Aprimorar os Resultados: crie um comunicado para a imprensa mais abrangente e envolvente, com imagens, vídeos, clipes de áudio, gráficos e outras mídias incorporadas e para download. No texto alternativo de imagens, adicione palavras-chave ou termos de pesquisa relacionados para aumentar os resultados da pesquisa. Use imagens compactadas e nomes de extensão de arquivo padrão, como .jpg ou .jpeg e títulos descritivos.
Utilize Sua Redação Online: em um ambiente de mídia desafiador, a redação serve como um recurso de conteúdo atualizado, fácil de consumir, além de ser uma fonte de informações em que os jornalistas e partes interessadas confiam.

Para mais informações sobre a GlobeNewswire, visite: https://www.globenewswire.com/

Sobre a Notified
A Notified está empenhada em facilitar a criação e o compartilhamento de histórias potentes de marcas com todo o mundo. Mais de 10.000 clientes globais, desde empresas em crescimento e empresas públicas, até algumas das marcas mais reconhecidas do mundo, contam com o nosso conjunto de soluções premiadas de categoria mundial e com a nossa dedicada equipe de atendimento ao cliente.

As soluções da Notified ajudam as empresas a compartilhar e ampliar suas histórias – para clientes, investidores, funcionários e mídia. Desde a distribuição de comunicados para a imprensa via GlobeNewswire até as ligações de ganhos, sites de RI, escuta social, engajamento da mídia, webinars e experiências digitais, a Notified tem você em mente. A Notified faz parte do West Technology Group, LLC (ex-Intrado Corporation) controlado por afiliadas de determinados fundos administrados pela Apollo Global Management, Inc. (NYSE: APO). A Notified está localizada em New York, N.Y.

Saiba mais em www.notified.com ou siga-nos no LinkedIn, Twitter, ou nosso blog.

Contato:
Hannah Freedman
Diretora, Mídia e Comunicações
hannah.freedman@notified.com

GlobeNewswire Distribution ID 8806317

April 12, 2023

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Allbirds, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – BIRD

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Allbirds, Inc. (NASDAQ: BIRD) resulting from allegations that Allbirds may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Allbirds 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=12941 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 March 9, 2023, after trading hours, Allbirds issued two press releases announcing “a strategic transformation plan to reignite growth in the coming years, as well as improve capital efficiency, and drive profitability” after falling short of expectations and also that the current Chief Financial Officer would step down.

On this news, the price of Allbirds’ stock fell $1.11, or 47%, to close at $1.25 per share on March 10, 2023.

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

GlobeNewswire Distribution ID 8805892

April 12, 2023

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Norfolk Southern Corporation Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – NSC

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Norfolk Southern Corporation (NYSE: NSC) between October 28, 2020 and March 3, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Norfolk Southern 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 Norfolk class action, go to https://rosenlegal.com/submit-form/?case_id=12322 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 May 15, 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: During the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Precision Scheduled Railroading (“PSR”), including its use of longer, heavier trains staffed by fewer personnel, had led to the Company suffering increased train derailments and a materially increased risk of future derailments; (2) the Company’s PSR, including its use of longer, heavier trains staffed by fewer personnel, was part of a culture of increased risk-taking at the expense of reasonable safety precautions due to the Company’s near-term focus solely on profits; (3) the Company’s PSR, including its use of longer, heavier trains staffed by fewer personnel, rendered the Company more vulnerable to train derailments and train derailments with potentially more severe human, financial, legal, and environmental consequences; (4) the Company’s capital spending and replacement programs were designed to prioritize profits over the Company’s ability to provide safe, efficient, and reliable rail transportation services; (5) the Company’s lobbying efforts had undermined the Company’s ability to provide safe, efficient, and reliable rail transportation services; (6) the Company’s commitment to reducing operating expenses as part of its PSR goals undermined worker safety and the Company’s purported “commitment to an injury free workplace” because the Company’s PSR plan prioritized reducing expenses through fewer personnel, longer trains, and less spending on safety training, technology, and equipment such as hot bearing wayside detectors (a/k/a “hotboxes”) and acoustic sensors; (7) the Company’s rail services were, as a result of its adoption of PSR principles, more susceptible to accidents that could cause serious economic and bodily harm to the Company, the Company’s workers, the Company’s customers, third parties, and the environment; (8) the Company had failed to put in place responsive practices and procedures to minimize the threat to communities in the event that these communities suffered the derailment of a Norfolk Southern train carrying hazardous and toxic materials; and (9) as a result, defendants’ Class Period statements detailed above regarding the safety of Norfolk Southern’s operations were materially false and/or misleading.

To join the Norfolk Southern class action, go to https://rosenlegal.com/submit-form/?case_id=12322 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.

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April 12, 2023

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom 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=7943 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 August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

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.

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 8805871