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

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

SO WHAT: If you purchased First Republic securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about First Republic’s business, operations, and prospects. Specifically, defendants: (1) misrepresented the strength of First Republic’s balance sheet and liquidity position; (2) understated the significant pressure rising interest rates posed to First Republic’s business model; (3) misrepresented the strength of First Republic’s ability to deliver consistent results across different interest rate environments; (4) misrepresented the diversity of First Republic’s deposit funding base; and (5) misrepresented First Republic’s ability to generate net interest income (“NII”) growth and maintain stable net interest margin (“NIM”). When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

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

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 8847801

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

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

SO WHAT: If you purchased GWG securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 2, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) they intended to misappropriate GWG assets; (2) GWG’s life insurance investment business had failed; and (3) GWG could only repay prior investors by issuing increasing amounts of securities to new investors. In essence, defendants had turned GWG into a Ponzi scheme. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

GlobeNewswire Distribution ID 8847793

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

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

SO WHAT: If you purchased Fulcrum securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Fulcrum class action, go to https://rosenlegal.com/submit-form/?case_id=15766 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 27, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the preclinical data submitted in support of FTX-6058 (a prospective drug for the potential treatment of sickle-cell disease) showed safety concerns regarding potential hematological malignancies; (2) the foregoing safety concerns increased the likelihood that the FDA would place a clinical hold on preclinical studies of FTX-6058; (3) accordingly, Fulcrum had overstated FTX 6058’s clinical and/or commercial prospects; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Fulcrum class action, go to https://rosenlegal.com/submit-form/?case_id=15766 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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

GlobeNewswire Distribution ID 8847787

Mogadishu Book Fair Drives Literary Revival

The Mogadishu Book Fair, an annual literary event that was launched in 2015, took place last week after a three-year break because of the COVID pandemic. The fair, meant to promote reading and Somali culture and heritage by bringing together literary creatives and young people, was held at the National Theatre of Somalia. Mohamed Sheikh Nor has more from Mogadishu.

Source: Voice of America

ECOWAS Court conference urges tough measures against unconstitutional change of government

Accra, The ECOWAS Community Court’s 2023 International Conference on Zero Tolerance for Unconstitutional Change of Government, (UCG) in West Africa, has ended in Banjul, the Gambian capital with wide ranging recommendations, including the criminalisation of UCG and the creation of a special taskforce to intervene in cases in Member States.

The four-day meeting also called for the strengthening of ‘the apolitical nature of the Armed Forces to guard against UCG,’ and utilising ‘early warning tools and existing Protocols to recalibrate the regional peace and security architecture.’

Participants, mostly jurists, lawyers and academics, called for definition of the term ‘unconstitutional change’ in the ECOWAS instruments and what constitutes a violation of convergence principles clearly spelt out, said the Conference Communique. It also called on ‘Member States to stem tenure elongation, eliminate all pseudo-democratic laws, and criminalise UCG at the national level with national courts having jurisdiction.’

It recommended effective sanctions against perpetrators of UCG, including coup plotters and their supporters, with the amendment of the ECOWAS Supplementary Protocol on Democracy and Governance to ‘ensure that sanctions do not affect the fundamental human rights of ordinary citizens.’

The Communique urged a ‘review of the efficiency of sanctions’ and creation of an implementation guideline, while calling for respect of term limits and an end to constitutional manipulations by incumbents to extend their mandates.

It further called for a stop to tenure extension by political leaders, while the Protocol of the Community Court of Justice should be modified to allow for judicial intervention in election matters.

It also recommended the strengthening of the means of settling electoral disputes at the national level through the enactment of laws and setting up of mechanisms for independent adjudication of electoral disputes.

The Conference called for an increase in the number of judges of the ECOWAS Court of Justice in line with International best practices and the amendment of the ‘Protocols on the Court to enable access to individual citizens in respect of violations of community laws/obligations including activating sanctions proceedings against member States.’

ECOWAS should ‘muster the political will to hold member States accountable to their treaty obligations,’ the Communique said.

It further called for the guarantee of the independence of the judiciary and the strengthening of the capacity of courts to render justice and also recommended that the root causes of political conflicts should be addressed to ensure political stability, peace, and progress, as well as cultivation and strengthening of a democratic culture for economic growth.

ECOWAS should ‘combat corruption in public life as it undermines public confidence in state institutions and creates conditions for instability,’ noted the Communique.

It also called for measures against misinformation and disinformation, particularly the negative impact of social media and the involvement of the youth.

ECOWAS should ensure strict adherence by member States to the provisions of the African Charter on Human and Peoples’ Rights, and ‘effective implementation of regional Treaty and Protocols to make compliance thereof a condition for retaining the membership of the sub-regional bloc,’ the Communique urged.

Furthermore, ECOWAS should strengthen the competences and enforcement capacities of the ECOWAS Court of Justice as well as focus on the fight against poverty and the promotion of social dialogue.

It urged that National Electoral Institutions should be supported with structured training of stakeholders such as political parties, Civil Society, academia, and the media, on community principles and values.

According to the Communique, ECOWAS should ‘utilise proactive preventive diplomacy, mediation and results oriented conflict management strategies driven by consistency, neutrality and inclusivity to deal with management and resolution of conflict.’

It called for the creation of a functional mediation, conciliation, and arbitration committee for settling disputes in ECOWAS countries, and with a standard Community legal framework for member States to fulfil their treaty obligations.

ECOWAS member States should ensure strict adherence to the provisions of the African Charter on Human and Peoples’ Rights, the Communique recommended, and called ‘a deliberate effort to discourage the teeming youths from being dangerously radicalised by Terrorists, Separatist Militias, Bandits, Kidnappers, and Ethno-religious fundamentalists within the West African sub-region.’

In his remarks at the closing ceremony, the country’s Minister of Trade, Industry and Regional Integration, Mr Baboucar Joof described the experience of the conference as a ‘first class law school which provided an opportunity to listen to great minds from the region and commended the Court for hosting the conference in the country.’

He expressed optimism that after a ‘stimulating conference, the outcome will contribute to the promotion of peace and stability, which are the preconditions for regional development behind the ECOWAS integration objective.

Similarly, the Attorney General and Minister of Justice, Mr. Dawda Jallow described the conference as ‘humbling,’ with the expectation that the outcome will ensure that ‘West Africa is firmly rooted in good democracy and good governance.’

He said that through the conference, the region has demonstrated the power of collaboration which is a critical ingredient in the promotion of a strong democratic couture built on global best practices.

In his closing remarks, the President of the Court, Justice Edward Amoako Asante said the conference was characterised by ‘excellent presentations by our very knowledgeable resource persons, robust contributions by our distinguished participants and the cross fertilization of ideas resulting in a fruitful conference.’

Justice Asante described the timing of the conference as apt, coinciding with a period of the resurgence of military governments in three Member States, assuring that ‘we would therefore continue to sound the alarm about the dangers of unconstitutional change of government.

Consequently, he commended the Heads of State and Government of the Community for its efforts to restore constitutional order in the three Member States, adding: ‘we recognise the need to strengthen our region, democratic process and culture and reject in its entirety, all forms of military intervention in governance as well as undemocratic ascension to power and tenure elongation.

‘Elections must be free, fair and transparent in order to avoid unnecessary conflicts and political instability in our sub-region as we are convinced that we cannot achieve our economic integration agenda without sustainable participatory democracy, rule of law and respect for human rights.

The President assured of the willingness of the Court to ‘deepen our collaboration with the national courts and we would continue to explore ways to deepen our fraternal relations with national courts,’ reiterating that ‘the Court is not in competition with national courts, rather we are partners in progress.’

In addition, he said the jurisprudence of the ECOWAS Court recognises that it is not an appellate court over the national courts of Member States, which is not only well but declared by the Court in the Community legal order, which also emphasizes the fact that this Court relies on the national courts of Member States for the enforcement of its judgements.

The Vice President of the ECOWAS Court, Justice OUATTARA Gberi-Be, who delivered the vote of thanks at the ceremony, commended the participants for their involvement and contributions that contributed to a successful conference.

The keynote address at the opening of the conference on Monday, 22nd?May 2023, was delivered by Professor of Practice at Tuft University in the US, Professor Chidi Odinkalu. It was opened by President Adama Barrow.

Source: Ghana News Agency

Prime Patriots congratulates Mr Ernest Anim, MP-elect for Kumawu

Gbawe (G/A), The Prime Patriots, a vibrant wing of the Ruling New Patriotic Party has extended congratulations to Mr Ernest Yaw Anim, the New Patriotic Party MP-elect for Kumawu.

The Prime Patriots wished Mr Anim well in all his endeavours and prayed that the victory will spur him on to unite all constituents in Kumawu to aid the expected development.

Dr Alex Appiah, Chairman of the Prime Patriots who made this known to the Media at Gbawe in the Greater Accra region, said the by-election victory over NDC and others had proved a case for the party.

He praised the national, regional, constituency and all polling station executives of the party for their hard work, dedication and selflessness to duty which helped chalk the success.

The chairman also commended President Akufo Addo and his Vice, Dr Mahamudu Bawumia who left their busy schedules to support the campaign that brought massive victory to the party.

He said the win was a big impetus to the supporters across the country, and it was obvious that breaking the 8 cycle was possible in the 2024 elections.

He also congratulated the Inspector General of Police (IGP) and his men and women for their assistance in ensuring a peaceful conduct of the polls.

Dr Appiah advised the contenders in the upcoming flagbearership race to be precautious in their campaigns to avoid divisiveness in the party.

He appealed to the national executives of the party to create a level playing field for all presidential aspirants to enhance unity and stability after the primary.

The chairman admonished the aspirants to desist from acts that could bring disaffection, adding that the party was expecting only one person to win and afterwards bring all hands-on deck to secure victory in the presidential elections in 2024.

Source: Ghana News Agency

Two religious groups bid Chief Justice Kwasi Anin Yeboah farewell?

Accra, Two religious groups within the Judicial Service of Ghana have bid farewell to Chief Justice Kwasi Anin Yeboah at a ceremony in Accra.

The groups are the Christian Fellowship and Muslims Association.

Chief Justice Kwasi Anin Yeboah bowed out of service after attaining the age of 70 on May 24, 2023.

Justice Jones Victor Dotse is now the acting Chief Justice.

Mr. Moses Ansah Barnor Ankrah, President of the Christian Fellowship, said the fellowship recognised the Chief Justice’s good work in terms of massive infrastructural development across the country.

Mr Ankrah also lauded the Chief Justice for his simplicity to life, his affable nature and dedication to work, saying his nature ‘was very inspiring and exemplary.’

The President of the Christian Fellowship was elated that Chief Justice Yeboah offered them a place of worship within the Supreme Court complex.

He said the fellowship would not hesitate to invite him to attend the official outdooring of the fellowship.

Mr. Ankrah urged Justice Yeboah to ‘ continue in the faith of our Lord and Saviour Jesus and offer your best to the building of the body of Christ and the nation.’

The fellowship offered Chief Justice Yeboah a Bible as a parting gift.

Mr Mohammed Habib Hudu, President of the Muslims Association, commended Chief Justice Yeboah for allowing the association to organise events within the service.

‘We are indeed convinced that the compassionate attitude of his Lordship towards Association is a practical example of the status of Ghana as a circular state characterised by democratic constitutionalism and religious pluralism.’

According to Mr Hudu, the administration of Chief Justice Yeboah ‘ did not post any form of discriminative threats to the association.’

He was enthused over the fatherly love displayed by Justice Yeboah.

Mr Hudu said Chief Justice Yeboah would be missed for his wisdom, humility and legal opinions.

Source: Ghana News Agency

Immediate past MCE for Ho laid to rest

Ho, The mortal remains of the immediate past?Municipal Chief Executive (MCE) of Ho, Prosper Pi-Bansah, has been laid to rest following a final funeral rites ceremony held for him in Ho.

The late Pi-Bansah passed away in February 2023, aged 61, and the burial ceremony, held at the Dela Cathedral of the Evangelical Presbyterian Church in Ho, brought together hundreds of loved ones and well-wishers who joined the family to usher their beloved into eternity.

He was MCE for the Municipality from October 2019 to October 2021.

Present at the solemn ceremony was the current MCE, Divine Bosson, Chief Executives of the various Municipalities and Districts in the Region, as well as some past Chief Executives of Ho.

Also present were the New Patriotic Party (NPP) heads in the Region and executives of the main opposition National Democratic Congress (NDC).

Chiefs of the Asogli State were also well represented.

The NPP in the Constituency, in a tribute read by Mr Bright Doh, the Constituency Secretary, recounted how the late statesman joined the Party in 1992 after a stay in its stronghold of the Ashanti Region for tertiary education.

He said late Pi-Bansah became a founding member of the Party in the Volta region and had played key roles in its growth over the years.

The former MCE was the manager the Ho National Health Insurance Scheme in the year 2000, and later contested the 2020 elections as the NPP parliamentary candidate.

The Constituency Secretary said the late Pi-Bansah, delivered on his task to secure at least ten thousand votes for the Party at the elections.

He said the former MCE was known as one who provided opportunities for all, and that he had a legacy that would cause his memory to be immortalised.

Mr. Doh told the GNA that Pi-Bansah’s only son would be taken up by the Party and supported to grow to step into his father’s shoes.

Mr Makafui Woanya, Volta Regional Chairman of the NPP, also paid tribute to the former MCE, saying, he led the Municipality through the Coronavirus pandemic, and had delivered his best under the circumstances, and proven his worth.

He also assured us that the Party would make sure his memory lived on.

There were tributes from his wife, children, and other close relation, as well as from the Ho Municipal Assembly.

The Very Right Rev. Japhet Ledo, a former Moderator of the E.P Church, who delivered a sermon, said although it struck heavily, it was only through death that the dignity of a man would have accorded him, and prayed for divine consolement for the bereaved family.

He prayed also that his good initiatives did not fade but survived and were fruitful unto all people.

The late Bansah’s casket was draped in a tarp of the colours of the NPP, and was interned at the Ho public cemetery with a long convoy of sympathisers in tow.

Source: Ghana News Agency