ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Texas Capital Bancshares, Inc. Investors to Inquire About Securities Class Action Investigation – TCBI

NEW YORK, May 20, 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 Texas Capital Bancshares, Inc. (NASDAQ: TCBI) resulting from allegations that Texas Capital may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Texas Capital 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=2747 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, 29, 2021, shares of Texas Capital stock dropped 13% on unusually heavy trading volume as prime brokers associated with now-defunct family office, Archegos Capital Management, unwound large U.S. stock positions linked to the fund.

A Bloomberg article published on November 16, 2021 detailed how Archegos built up a previously undisclosed position equal to 20% of Texas Capital prior to the margin calls that forced Archegos’ liquidation. According to the article, Texas Capital was aware of the large position held by Archegos while it raised additional capital from investors in February 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.

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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 8843405

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, May 20, 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 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

GlobeNewswire Distribution ID 8843404

Ghana suspends COVID-19 health declaration form for international travellers

The COVID-19 health declaration form for international travellers to Ghana has been suspended with effect from May 20, 2023.

Also, pre-departure testing and tests at all points of entry are no longer a requirement for all passengers.

These were contained in a letter addressed to all media houses with the headline ‘lifting of COVID-19 restrictions at all points of entry in Ghana’ and signed by Dr Patrick Kuma-Aboagye, Director General of the Ghana Health Service.

According to the letter, these decisions were taken at a National COVID-19 Task Force meeting held on 17th May 2023, on the global and national COVID-19 situation.

The letter said for constant vigilance of protection of persons from COVID-19, the following measures were to be maintained.

It noted that the COVID-19 vaccination drive would continue and persons with symptoms of cough, fever and sore throat would be tested for both flu and COVID-19 at all sentinel sites across all the 16 regions of the country.

‘Surveillance will continue to help us identify any COVID-19 variants of concern.

‘Persons with complaints of fever, cough or sore throat should report to the nearest health facility for management,’ the letter advised.

It said persons who tested positive for COVID-19 were to be managed with existing protocols.

The letter intimated that Ghana has had outbreaks of Marburg virus disease, Lassa fever, monkeypox, measles, and yellow fever since the declaration of COVID-19 as public health emergency of public concern.

It noted that the health system in the country had maintained sufficient capacity in the midst of these threats.

It said the Ministry of Health and the Ghana Health Service with support from its partners would continue to ensure operational readiness and flexibility to respond during surges of COVID-19.

It said the GHS would also maintain other essential health services and prepared for the emergency of new variants of increased capacity.

According to the letter, the World Health Organization announced on May 5, 2023, that COVID-19 was no longer a Public Health Emergency International Concern (PHEIC) globally.

It said there were decreasing numbers of concerns of death and hospitalization with levels of population immunity against SARS Co.v-2.

It noted that though covid-19 remained a global health threat, it was time for countries to transition from emergency mode to managing covid-19 alongside other infectious diseases.

The letter revealed that there had been a sustained decline in COVID-19 cases in the country over the five past months.

It said as of May 15, 2023, there were only 18 active cases none of which was severe or critical adding that the only covid-19 death in 2023 was in January.

The letter noted that since January 2023, there had been 187,089 international passengers arriving in the country of which more than 98 per cent were either fully vaccinated or persons below 18 years of age who were exempted from testing based on the national guide.

As a result, it said only 3,890 were required to be tested out of which 24 tested positive.

It continued that as of May 19, 2023, more than 13.5 million had received at least a dose of the COVID-19 vaccine whilst 10.5 million persons were fully vaccinated, and 4.5 million persons had taken the vaccine.

Source: Ghana News Agency

Keep the environment clean to avoid outbreaks of diseases – Bono Minister

Madam Justina Owusu-Banahene, the Bono Regional Minister has advised the public to observe personal hygiene and keep their surroundings clean as the rains set in.

With the onset of the rains, the Regional Minister reminded that a filthy environment could cause an outbreak of communicable diseases, hence the need for the public to desilt choked gutters and always weed and sweep dirty environments.

The Regional Minister also cautioned the public against putting structures and buildings at waterways and unauthorized places to prevent flooding.

In an interview with the media in Sunyani, Madam Owusu-Banahene emphasised cleaner environment and improved hygiene guaranteed good health and safe life.

She said proper environmental sanitation remained collective and shared responsibility and prevented outbreaks of diseases such as malaria, typhoid and cholera.

The Regional Minister called on everybody to prioritize environmental sanitation by avoiding indiscriminate disposal of solid and liquid waste and also ensured gutters were not choked with solid materials for improved drainage systems.

‘When we dispose of debris indiscriminately, it turns to choke gutters and thereby, makes it extremely difficult for liquid waste to flow freely. An unkept environment also served as fertile breeding places for mosquitos and contributed to malaria and other preventable diseases,’ Madam Owusu-Banahene stated.

‘Good sanitation practices are essential for our health and the overall development of our region, as the rains set in therefore crucial that we take collective action to prevent flooding in the city,’ she said.

Madam Owusu-Banahene called on traditional and opinion leaders to mobilize their people to undertake periodic clean-up exercises and also intensify awareness creation on personal hygiene.

She also asked the various district and municipal assemblies to collaborate with chiefs and queens and supported them with sanitation equipment such as dustbins and rakes.

Madam Owusu-Banahene stressed the commitment of the government towards the implementation of proper and sustainable waste management initiatives and advised everybody to take responsibility and manage waste properly.

Source: Ghana News Agency

ActionAid Ghana urges women to contest in district-level elections

Mr Foster Adase-Adjei, the ActionAid Ghana Programmes Officer for Volta and Oti regions, has urged women and persons with disability to develop a keen interest in the 2023 District Assembly and Unit Committee elections and participate in the contest.

He said their participation would help promote equality and inclusion in local governance, ensuring that no one was left behind in Ghana’s development.

As part of ActionAid Ghana’s (AAG) efforts towards women’s rights, the programmes team in the two regions were organising community-based sensitisation with a focus on women and persons with disability to propel them for the upcoming district-level elections.

Mr Adase-Adjei said this at Koru, a farming community in the Kadjebi District of the Oti Region, during a community engagement.

The NGO is collaborating with the Kadjebi District Directorate of the National Commission for Civic Education (NCCE) to have the exercise done.

‘Open literature had it that women and persons with disability are the most marginalised in our societies from decisions that affect their lives to access and control over resources,’ he said.

‘They are also discriminated against, deepening their vulnerability.’

‘We believe that when women too are given the opportunity to lead, they can change the very status quo that discriminates against them.’

Mr Daniel Agbesi Latsu, the Kadjebi District Director of the NCCE, said the Commission’s involvement in the programme was in fulfilment of Article 24 (2e) of the 1992 Constitution, to promote gender and disability balance in compliance with the Sustainable Development Goal Five (SDG 5).

He said voting was a constitutional right and to vote was a civic duty, in which everyone must participate fully.

‘The level of voter apathy and disinterest in the district level polls by the electorates, over the years, are a threat and setback to the development of democratic governance in the country,’ he said.

On qualifications, Mr Latsu said a candidate must be a registered voter, a citizen of not less than 18 years of age, and an ordinary resident in the district in which he/she seeks elections, among other things.

‘Educational qualification should not be a barrier in contesting since district assemblies conduct their businesses in English and in any Ghanaian Language common to the communities in the district.’

On roles of an assembly member, he said, he/she must maintain close contact with the electoral area, consult the people on issues to be discussed in the district assembly and seek their views, opinions and proposals to present to the assembly.

Mr Latsu, who was a former Assemblyman for the Keyime Electoral Area in the Agortime-Ziope District of the Volta Region, explained that a member must meet the electorate before each meeting of the assembly and then report back to them.

The report should include the general decisions of the assembly and its executive committees and actions he/she had taken to solve problems raised by residents in the electoral area.

The Local Government Law, 1988 (PNDCL 207) introduced the District Assemblies Concept with the view to giving a boost to the decentralisation and local governance in Ghana, hence disinterest in the polls would defeat the intent.

Mr Boniface Klomegah, former Assemblyman for Okrakrom Electoral Area, on behalf of the community, commended the NCCE for the programme and called for more such programmes to enlighten the people.

Similar programmes were held at Kpalime Kofe and Ampeyo communities, as well as the Assemblies of God Church at Kadjebi, and the Church of Pentecost at Menuso, among others.

Source: Ghana News Agency

Western Regional Network of Ministers, others walk against LGBTQ+

Hundreds of Christians took to the major streets of the Sekondi – Takoradi Metropolis to register a strong stand against homosexuality and any other sexual behaviours, which are in contravention with their faith and Ghanaian norms.

Drawn from the Western Regional Network of Ministers, churches and councils, the protestors held placards reading; ‘LGBTQ is a taboo’, ‘God created Adam and Eve and not Adam and Steve’, and ‘Even animals don’t practice LGBTQ+’.

Others read; ‘Say no to any form of unnatural intimacy,’ ‘Normal women marry men’, and ‘Leave a good Legacy for your generation,’ to register their abhorrence of the practice, which they describe as an affront to God’s will and purpose for procreation and multiplication.

The walk, which started at the Asempa Hotel in Takoradi, ended at the Western Regional Coordinating Council in Sekondi.

Bishop Emmanuel Kwesi Ansah, the Methodist Bishop of Sekondi and Chairman of the Network, then presented an official paper to the Western Regional Minister, Mr Kwabena Okyere Darko-Mensah.

Bishop Ansah reminded Ghanaians of how God punished the City of Sodom and Gomorrah, many years ago, for the ‘same uncouth sexual pattern in deviance to the natural order.’

‘This is why we expect the Government to give a sense of urgency to our crusade against LGBTQIA+ and to facilitate the passing into law the Promotion of Proper Human Sex Rights and Ghanaian Family Values before Parliament,’ he said.

The Network was determined to rid the Western Region, a main industrial and tourist attraction to many and the Nation in general, of those cancerous vices, Bishop Ansah said.

He said Ghanaian culture and traditions and the dictates of the Christian faith must stand supreme to any idealogy of rights and freedoms.

‘The leadership of the Churches in the Western Region had resolved to take a firm and resolute position on the matter in order not to disappoint the Christian faith.’

Bishop Ansah informed the Minister that the Network was putting in place counselling centres to offer help to perpetrators or victims in absolute confidentiality to enable them to reconstruct their lives.

The centres will also intensify prayers on the subject and visit educational institutions to educate the youth on the need to eschew the vice.

He called on the church to deepen its commitment to the teaching of Christian family values.

The Network would ultimately develop a homosexuality document for the teaching of children, youth and adults in all churches, he noted.

Mr Darko-Mensah, who welcomed the team, said the Government was mindful of the sensibilities, cultural and constitutional requirements as a sovereign nation and would not, in any way, compromise those guiding principles.

He pledged to inform the President about the Network’s aspirations for the nation.

Later, the leadership prayed for the Government and citizens and asked for God’s blessings for a peaceful and congenial atmosphere in Ghana.

Source: Ghana News Agency

NCCE engages community groups in preventing violent extremism

The Sissala East Municipal office of the National Commission for Civic Education (NCCE) has engaged community-based groups and individuals in the municipality to consciously guard against the infiltration of violent extremist groups into their communities.

Some staff of the NCCE had been engaging artisans, women groups, youth groups, Faith-Based Organizations (FBOs), and community members across the municipality under the European Union-funded ‘Preventing and Containing Violent Extremism (PCVE)’ project.

The project is aimed at preventing and containing violent extremism and terrorism through the promotion of social cohesion, peace, and tolerance in the five regions in the north and the regions bordering them.

Speaking to community folks in the municipality at different fora, Mr Hussein Elyasu, the Sissala East Municipal Director of the NCCE, stressed the need for the people to live in harmony by respecting divergent views and beliefs in religion, culture and tradition, and political matters.

He said the municipality was plagued with some developmental challenges including chieftaincy disputes, unemployment, poor road network, and inadequate social services among others served as incentives for extremist groups to come into the country through the municipality.

‘The various traditional councils in the municipality and the Upper West Region House of Chiefs should expedite action on the numerous chieftaincy dispute cases dotted across the municipality since the disputes have already resulted in the destruction of property and the maiming of people’, Mr Elyasu said.

He also appealed to religious leaders to eschew invective statements and other acts that could result in conflict and heighten security at their worship centres as part of efforts to help prevent violent extremism.

‘The ability to prevent and contain violent extremism largely depends on how individuals, institutions, groups, and communities play their respective roles and how roles are well coordinated’, he explained.

Mr Elyasu encouraged the people to be security conscious and to report any suspicious characters or activities to the security agencies, community, and religious leaders for the necessary action to be taken.

Source: Ghana News Agency

Current global happenings are biblical prophecies on the end time – Pastor

Pastor Paul Adu Adjei, the Abesim District Pastor of the Deeper Life Bible Church has admonished Christians to be watchful and be ready for the second advent of Jesus Christ, the saviour of the church.

He emphasized recent happenings around the globe, including the economic downturn, flooding, earthquakes, wars and rumours of wars as well as diseases and pestilences were all biblical prophecies foreshadowing the ‘rapture,’ the catching up of the saints.

Pastor Adjei gave the warning when delivering a sermon titled ‘Signs of the end time,’ at a church service at Abesim, near Sunyani, saying ‘What we are hearing elsewhere and seeing here are clear indications Christ’s second coming to rapture the church is imminent.’

He expressed worry about the rise in moral decadence as well as the get-rich-quick syndrome among the youth in the country and urged Christians to intensify evangelism and reach the masses with the Word of God which contained the power to transform the sinner or unbeliever.

Pastor Adjei said the Word of God remained the surest remedy to save and deliver the sinner from the looming and impending judgment of God, but added until ‘we preach the word in season and out of season, there is no way the sinner can repent, convert and accept the eternal life of God’.

Every soul, he added, had eternity stating, ‘Where to spend eternity, either in heaven or hell is the problem every living soul must ponder and contemplate’.

As ambassadors and the bride of Christ, Pastor Adjei said the responsibility was placed on every Christian to show love and preach the word of God to sinners and added ‘Our preaching must be centred on Christ who is our high priest and, the mediator between God and man.’

He said advancement in technology had provided enormous opportunities for the church to reach out to sinners everywhere with the gospel which is the heartbeat of God.

‘Virtually, all the biblical prophecies ahead of the second of Christ had been fulfilled and we need to be watchful and prepare ourselves to meet Christ in the air, as predicted in the Bible. Our preaching must put emphasis on the rapture because that is the only hope for the nation,’ Pastor Adjei stated.

As the embodiment of love, Pastor Adjei said Christ expected the church to love and care for the needy and vulnerable in society, saying by doing so, ‘we would be able to persuade sinners and unbelievers into the Christian faith.’

He reminded that Christians who served and worshipped God in sincerity and in truth would prosper here and be blessed and joyous hereafter, saying, ‘There is however no hope for the wicked if they continue to wallow in sins and in their wickedness.’

Source: Ghana News Agency