May 27, 2023 – Somalia News Gazette

May 27, 2023

ROSEN, A TOP RANKED LAW FIRM, Encourages Horizon Bancorp, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – HBNC

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminders purchasers of securities of Horizon Bancorp, Inc. (NASDAQ: HBNC) between March 9, 2022 and March 10, 2023, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Horizon 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 Horizon class action, go to https://rosenlegal.com/submit-form/?case_id=12953 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Horizon maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (2) as a result of the foregoing deficiencies, throughout 2022 Horizon issued quarterly financial statements containing errors that would require subsequent revision; (3) restatement of the foregoing financial statements would hinder Horizon’s ability to timely file its annual report for 2022; and (4) as a result, Horizon’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 Horizon class action, go to https://rosenlegal.com/submit-form/?case_id=12953 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8847653

May 27, 2023

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Eqonex Limited f/k/a Diginex Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – EQOSQ

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Eqonex Limited f/k/a Diginex Limited (OTC: EQOSQ) securities between March 7, 2022 and November 29, 2022, both dates inclusive (the “Class Period”) and/or unregistered securities between April 8, 2021 and April 20, 2023 (the “Unregistered Securities Class Period”) (collectively, the “Classes”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased EQONEX securities during the Class Period and/or unregistered securities (including EQO Tokens) between April 8, 2021 and April 20, 2023 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 EQONEX class action, go to https://rosenlegal.com/submit-form/?case_id=15304 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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) defendants were not interested in leveraging the EQONEX Exchange or deploying resources to strengthen that technology; (2) EQONEX had no way of paying Bifinity, a payments technology company affiliated with Binance, back pursuant to the loan agreement; (3) defendants had no intention of consummating a merger between EQONEX and Bifinity or Binance; 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 EQONEX class action, go to https://rosenlegal.com/submit-form/?case_id=15304 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 8847650

May 27, 2023

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Edgio, Inc. f/k/a Limelight Networks, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – EGIO, LLNW

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Edgio, Inc. f/k/a Limelight Networks, Inc. (NASDAQ: EGIO, LLNW) between February 11, 2021 and March 12, 2023, both dates inclusive (the “Class Period”), of the important June 26, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Edgio 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 Edgio class action, go to https://rosenlegal.com/submit-form/?case_id=13174 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 26, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the sale of Open Edge equipment should be accounted as financing leases; (2) there were material weaknesses in Edgio’s internal controls over financial reporting related to Open Edge transactions; (3) as a result of the foregoing, the Company’s revenue had been overstated in certain periods; and (4) as a result of the foregoing, defendants’ positive statements about Edgio’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 Edgio class action, go to https://rosenlegal.com/submit-form/?case_id=13174 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 8847645

May 27, 2023

ROSEN, A RESPECTED AND LEADING FIRM, Encourages Teleperformance SE Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – TLPFY

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the American Depositary Receipts (“ADRs”) of Teleperformance SE (OTC: TLPFY) between July 29, 2020 and November 9, 2022, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Teleperformance ADRs 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 Teleperformance class action, go to https://rosenlegal.com/submit-form/?case_id=15278 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Teleperformance’s growth in Core Services had been achieved, in part, by requiring its content moderators to engage in inappropriate, traumatic, abusive, and potentially criminal activities; (2) certain Teleperformance social content moderators had been trained with materials which included illicit images of child sexual exploitation; (3) contraband images had been included in Teleperformance Daily Required Reading reports for its content moderation staff; (4) Teleperformance had failed to safeguard child sexual abuse material and had potentially violated strict rules governing the handling of such materials, including rules relating to the National Center for Missing & Exploited Children; (5) Teleperformance had failed to provide adequate training or emotional and psychological support to content moderators exposed to egregious materials, including those exposed to extreme graphic violence and sexual images; (6) Teleperformance had imposed unreasonable time and performance targets that compounded the occupational trauma suffered by its content moderators; (7) Teleperformance had failed to implement or maintain the working conditions represented to investors, including by subjecting the Company’s content moderation workers to widespread occupational trauma without psychological support, and with paltry pay, punitive salary deductions, extensive surveillance, and aggressive union-busting tactics; and (8) as a result of the foregoing, Teleperformance was subject to a material, undisclosed risk of legal, regulatory, business, and reputational harm if the truth regarding the Company’s content moderation services, treatment of its content moderation workers, and handling of contraband materials was ever publicly revealed. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Teleperformance class action, go to https://rosenlegal.com/submit-form/?case_id=15278 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 8847628

May 27, 2023

TGT FINAL DEADLINE ALERT: ROSEN, A RESPECTED AND LEADING FIRM, Encourages Target Corporation Investors With Losses in Excess of $100K to Secure Counsel Before Important May 30 Deadline in Securities Class Action – TGT

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Target Corporation (NYSE: TGT) between August 18, 2021 and May 17, 2022, both dates inclusive (the “Class Period”), of the important May 30, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Target common stock 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 Target class action, go to https://rosenlegal.com/submit-form/?case_id=6812 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 30, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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) Target’s strategy for mitigating supply-chain constraints by over-ordering inventory had severely limited the Company’s ability to timely respond to evolving consumer behavior; (2) as a result, the purported “massive influx of insights” gained from the extraordinary heightened demand during the pandemic could not be leveraged by Target to react to rapidly changing trends; and (3) as a result of Target’s inability to timely react to changes in consumer trends, Target’s sales declined and the Company was left with an overabundance of inventory, forcing Target to take large markdowns, and severely impacting the Company’s financial results. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Target class action, go to https://rosenlegal.com/submit-form/?case_id=6812 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 8847621

May 27, 2023

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Trinseo PLC Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – TSE

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities Trinseo PLC (NYSE: TSE) between May 3, 2021 and March 27, 2023, both dates inclusive (the “Class Period”), of the important June 20, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Trinseo 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 Trinseo class action, go to https://rosenlegal.com/submit-form/?case_id=13711 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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) Trinseo’s Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed Trinseo to a heightened risk of a chemical spill or other adverse event; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Trinseo class action, go to https://rosenlegal.com/submit-form/?case_id=13711 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 8847603

May 27, 2023

ROSEN, GLOBAL INVESTOR COUSNEL, Encourages The Walt Disney Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – DIS

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of The Walt Disney Company (NYSE: DIS) between December 10, 2020 and November 8, 2022, both dates inclusive (the “Class Period”), of the important July 11, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Disney common stock 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 Disney class action, go to https://rosenlegal.com/submit-form/?case_id=16164 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 July 11, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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) Disney+ was suffering decelerating subscriber growth, losses, and cost overruns; (2) the true costs incurred in connection with Disney+ had been concealed by Disney executives by debuting certain content intended for Disney+ initially on Disney’s legacy distribution channels and then making the shows available on Disney thereafter to improperly shift costs out of the Disney+ segment; (3) Disney Media and Entertainment Distribution (“DMED”) had made platform distribution decisions based not on consumer preference, consumer behavior, or the desire to maximize the size of the audience for the content as represented, but based on the desire to hide the full costs of building Disney+ ‘s content library; (4) Disney was not on track to achieve even the reduced 2024 Disney paid global subscriber and profitability targets, such targets were not achievable, and such estimates lacked a reasonable basis; and (5) defendants had materially misrepresented the actual performance of Disney+, the sustainability of Disney+’s historical growth trends, the profitability of Disney+, and the likelihood that Disney could achieve its 2024 Disney+ subscriber and profitability targets. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Disney class action, go to https://rosenlegal.com/submit-form/?case_id=16164 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 8847600

May 27, 2023

Prof Kpessa Whyte to appear before the Supreme Court for contempt

Accra, May 27, GNA – Professor Michael Kpessa Whyte, a Political Scientist, University of Ghana, will on May 30, 2023, appear before the Supreme Court to state why he should not be cited for contempt of Court for allegedly scandalising the Apex Court. The Apex Court cited the Member of the National Democratic Congress for contempt for bringing into ridicule the dignity, respect, and stature of the Supreme Court and Inciting prejudice against the Court. This borders on a series of tweets by Prof Whyte on May 19, 2023. Prof. Whyte’s comments were made at a time of heated public discussion regarding the Supreme Court’s order to Parliament to expunge the name of James Gyakye Quayson from its records, after it found that he had not renounced his Canadian Citizenship at the time he filed his nomination forms to contest the Assin North polls in 2020. Even before he appeared before the Court, the Professor had already issued a statement apologising to the Court, explaining that his tweet was not in any way related to the Assin North judgment. The summons issued allege that he posted the following; ‘The highest Court of the Land has been turned into a ‘Stupid Court’.’ ‘They have succeeded in turning a Supreme Court into a Stupid Court. Common sense is now a scarce commodity. ‘ Prof. Whyte tweeted. He said, ‘I have observed that Ghanaweb and other media publications sought to associate my tweet with the decision of the Supreme Court in the Assin North matter as stated on the face of the Summons to show cause, but honestly, at the time of my tweet, I had no knowledge of the Supreme Court’s decision as at 9: 59am when I did the tweet.’ He said ‘the said tweet had resulted in the invocation of the powers of the Apex Court in our country for me to appear and show cause because the tweet has scandalized the Apex Court of our land and has brought the dignity of the court into disrepute.’ He said sincerely, the tweet was not done with the intent to scandalise or denigrate a revered institution such as the Supreme Court of Ghana for which he had a tremendous amount of respect and admiration. ‘These are consequences I never intended, although I do accept responsibility that, I could have exercised better judgment in my choice of words,’ he added. He said ‘please permit me to state unequivocally that I have no reason to slander our Supreme Court, and I hereby sincerely apologize unreservedly for any pain and discomfort my tweets may have caused the Chief Justice, the Supreme Court, and the entire judiciary. I hereby retract the tweet in question; accordingly, the tweet has been deleted completely and I pray for forgiveness.’

Source: Ghana News Agency