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ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Inari Medical, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NARI

NEW YORK, May 25, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Inari Medical, Inc. (NASDAQ: NARI) between February 24, 2022 and February 28, 2024, both dates inclusive (the “Class Period”), of the important July 12, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Inari Medical 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 Inari Medical class action, go to https://rosenlegal.com/submit-form/?case_id=22855 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 12, 2024. 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 touted Inari’s “record revenue,” purportedly driven by “the strength in our core [venous thromboembolism] (“VTE”) business.” But defendants failed to disclose that a significant portion of its expenses were used to compensate medical professionals improperly for using Inari’s products. In truth, while defendants were speaking positively about Inari Medical’s growth prospects, it had been engaging in illegal business practices. Specifically, Inari Medical had been unlawfully compensating health care professionals in violation of the federal Anti-Kickback Statute and Civil False Claims Act. Defendants also misled investors regarding business expenses in order to conceal their illicit conduct. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Inari Medical class action, go to https://rosenlegal.com/submit-form/?case_id=22855 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9123552

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Intel Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – INTC

NEW YORK, May 25, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Intel Corporation (NASDAQ: INTC) between January 25, 2024 and April 25, 2024, both dates inclusive (the “Class Period”), of the important July 2, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Intel 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 Intel class action, go to https://rosenlegal.com/submit-form/?case_id=24741 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 2, 2024. 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) the growth of Intel Foundry Services (“IFS”) was not indicative of revenue growth reportable under the Internal Foundry segment; (2) the internal foundry model (“Foundry” model) experienced significant operating losses in 2023; (3) the Foundry experienced a decline in product profit driven by lower internal revenue; (4) as a result the Foundry model would not be a strong tailwind to Intel’s IFS strategy; and (5) as a result of the foregoing, defendants’ positive statements about Intel’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 Intel class action, go to https://rosenlegal.com/submit-form/?case_id=24741 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9123584

HAMAS CAPTURES SEVERAL ISRAELI TROOPS IN COMPLICATED OP


Resistance fighters in the northern Gaza Strip on Saturday night killed, wounded, or captured several Israeli soldiers in a complicated ambush operation, Abu Obeida said in an audio file.

According to Al-Jazeera, Abu Obeida noted that Hamas fighters ‘lured a Zionist force’ into a tunnel and ‘killed, wounded, and captured’ an unidentified number in northern Gaza’s Jabalia camp.

He stressed that the enemy continues a blind and absurd policy of revenge and destruction.

He added that further details about the ambush operation would be released soon.

The people of Lebanon and the West Bank poured into the streets to celebrate after the spokesman for the Qassam Brigades announced that Zionist troops had been captured in northern Gaza.

The Palestinian Samaa news agency reported that people also took to the streets to celebrate in the towns of Dura and Tyre, as well as in the Palestinian refugee camps of Ain al-Hilweh, Nahr al-Bared, El-Buss, and Rashidieh in Lebanon.

Source: National News Agency – Lebanon

UAE, Qatar discuss enhancing parliamentary cooperation ties

ALGIERS: Dr. Tariq Humaid Al Tayer, First Deputy Speaker of the Federal National Council (FNC), during a meeting with Hassan bin Abdullah Al-Ghanim, Speaker of the Shura Council of the State of Qatar, discussed ways to enhance parliamentary cooperation relations between the two countries.

This came on the sidelines of the UAE’s participation in the 36th conference of the Arab Inter-Parliamentary Union held in Algeria.

During the meeting, the two sides stressed the depth of fraternal relations between the two countries, the strength of bilateral cooperation in various fields, especially in parliamentary affairs, and the importance of coordination and consultation during participation in various regional and international parliamentary activities.

The meeting was attended by Tariq Ahmed Al Marzouqi, Assistant Secretary-General for Council Presidency Affairs, and several FNC members.

Source: Emirates News Agency

RTA announces completion of internal road works in Al Qusais Industrial Area

DUBAI: Dubai’s Roads and Transport Authority (RTA) has finished extensive improvements on the internal roads and lighting in Al Qusais Industrial areas 1, 2, 3, 4, and 5.

The project included constructing 32 roads covering 10 kilometres and installing street lights along 43,000 metres. As a result, the road capacity has now tripled from 500 to 1,500 vehicles per hour in both directions, representing a significant increase of 200 percent.

Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of RTA, commented, ‘This internal roads project aligns with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and the instructions of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. These directives call for upgrading the infrastructure of residential and industrial areas to support the growing population and urbanisation in the emirate, foster well-being,
and promote happiness.

‘The internal roads project in Al Qusais Industrial areas 1, 2, 3, 4, and 5 has enhanced connectivity with four main streets: Amman Street, Beirut Street, Aleppo Street, and Damascus Street. It has also improved access and exit points to over 320 workshops, 25 residential buildings, shops, and educational facilities, benefiting an estimated 60,000 residents in the area.’

RTA has recently completed internal road and streetlighting projects in four residential areas: Margham, Lahbab, Al Lisaili, and Hatta, covering 35 km. Additional Road works are underway in Lahbab and Al Lisaili to meet the residents’ needs.

In Margham, road works have been completed, extending 5 km along the Dubai-Al Ain Road near Skydive Dubai to serve about 1,100 residents. Lahbab has also seen road improvements over 4 km and streetlighting improvements along Dubai-Hatta Road near Lahbab Camel Racing Track, benefiting more than 3,000 residents. The project aims to connect the residential community under developmen
t with the road network.

In Al Lisaili, around 7 km of road improvements have been completed. Lighting works have also been done on the existing roads in the Seih Al Salam near the Last Exit and Al Qudra Lakes, covering over 7 km. These enhancements benefit approximately 2,900 residents and improve the accessibility of the area’s entrances and exits.

In Hatta, the Suhaila area has undergone significant improvements, including extending a 2 km road, enhancing infrastructure such as constructing a rainwater drainage network and installing street lighting. This project benefits approximately 6,000 residents, improves access to and from the area, and enhances connectivity between the residential area and the road network.

Source: Emirates News Agency

UAE expresses solidarity with Papua New Guinea and conveys condolences over victims of landslide

ABU DHABI: The UAE conveyed its sincere condolences and expressed its solidarity with Papua New Guinea over the victims of a landslide, which resulted in hundreds of deaths.

In a statement, the Ministry of Foreign Affairs (MoFA) expressed its sincere condolences and sympathy with the government and people of Papua New Guinea, and to the families of the victims, as well as its wishes for a speedy recovery for all the injured.

Source: Emirates News Agency

Under directives of UAE President, 65,000 books from Abu Dhabi International Book Fair distributed across UAE schools

ABU DHABI: Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, 65,000 books from the 33rd Abu Dhabi International Book Fair have been distributed to libraries at 220 schools across the UAE.

Facilitated by a financial grant, the initiative aims to support school libraries in fostering a culture of reading among students.

The titles and publications were purchased from 77 publishing houses that participated in the book fair, in an effort to enrich students’ knowledge and expand the schools’ educational resources.

Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi, said, ‘The Arabic language, with its diverse and rich literary heritage, is more than just a means of communication. Our language is a powerful and inclusive tool for innovative and critical thinking, enabling us to unite in our thoughts and words. This vital and generous grant from President His Highness Sheikh Mohamed bin Zayed Al Nahyan, will encourage reading and the protection of our language, help us foster d
eeper understanding, and bridge the many cultures and people who speak it, ensuring that our collective wisdom continues to guide future generations.’

Dr Ali bin Tamim, Chairman of the Abu Dhabi Arabic Language Centre (ALC), said, ‘The grant from President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Abu Dhabi International Book Fair is a continuation of His Highness’ unlimited support to the culture and education sectors.

‘We appreciate this significant support from His Highness the President, who always inspires us to persevere in our efforts to keep the local and Arab publishing markets competitive and position the book fair as a platform for promoting knowledge.

‘This grant forms another milestone in the long and continuous journey initiated by the late Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the UAE, to support the publishing and knowledge sectors, and ensure that books continue to be held in the same esteem.’

The grant contributed to reinforcing the UAE’s intellectual and
cultural path, offering students a wide and diverse range of knowledge resources and titles featured at the fair, which stimulated their creative imagination and enhanced young generations’ connection with books. In addition, the grant provided an opportunity for the publishing sector and book industry to continue their efforts and expand their contributions.

Source: Emirates News Agency

6.3-magnitude earthquake hits Vanuatu

PORT-VILA: An earthquake of magnitude 6.3 struck the Vanuatu islands on Sunday, according to the United States Geological Survey (USGS).

In a statement carried by Asia News International (ANI), USGS said the earthquake, which struck 83 km north-northwest of Port-Vila, Vanuatu. The earthquake occurred on Sunday at 9:23 VUT at a depth of 29.2 kilometres.

The USGS stated that the earthquake was not expected to generate a tsunami.

In a post on X, the US Geological Survey stated, ‘Notable quake, preliminary info: M 6.3 – 83 km NNW of Port-Vila, Vanuatu.’

There have been no immediate reports of damage.

Source: Emirates News Agency

China’s completed clean energy investments reach ¥117 billion in Q1

BEIJING: China’s power enterprises have accelerated the pace of green investment this year, with the completed investments in clean energy projects up by 6.64 percent year-on-year to reach CN¥117.3 billion (US$16.5 billion) in the first quarter, according to the China Electricity Council.

According to China Central Television (CCTV), during the first quarter, the magnitude of clean energy projects currently under construction in the nation surged to 512.05 gigawatts (GW), reflecting a notable year-on-year growth of 30.97 percent, as stated by the council.

In April, State Power Investment Corporation, a top Chinese power generator, initiated the construction of over 200 energy projects, with an installed capacity exceeding 80 GW. Among them, the proportion of clean energy projects exceeds 90 percent.

Apart from the increase in green investment, China’s power enterprises have been improving the ESG (Environmental, Social, and Governance) management level, according to a report recently released by the counci
l.

An ESG rating measures environmental and social impact and the effectiveness of corporate governance in managing the related issues.

“Nearly 90 percent of the listed power companies have issued ESG-related reports, with both the quantity and quality of information disclosure witnessing significant growth. At present, enhancing service innovation, promoting ecological and environmental protection, supporting rural revitalisation, and participating in the Belt and Road Initiative have become social responsibilities of power enterprises,” said Hao Yingjie, Secretary-General of the Council.

Source: Emirates News Agency

Two killed, others injured in Israeli occupation raids on southern Lebanon

Two people were killed, and others were injured on Sunday in latest Israeli occupation raids on southern Lebanon, whereas the rebellion targeted two Israeli military sites in Palestine.

In a statement, the Lebanese National News Agency said that the raids were carried out by two drones and targeted cities including Ayta ash Shab, Naqoura, and Khiam.

Since October 7th, southern Lebanon has been witnessing constant confrontations between the Israeli occupation forces and the “resistance”.

Source: Kuwait News Agency

Somali army kills 20 militants in Puntland

More than 20 Al-Shabaab militia members, associated with Al-Qaeda, were killed, including three ringleaders, and members were injured in a military operation by the national army in Caalmadow mountains in Puntland, Northeast of Somalia Sunday. Somali National News Agency (SONNA) reported, Sunday, the military operation “targeted an area where the terrorist militants gathered to plan an attack against the Somali people, but they were thwarted by the National Army and the international partners.” The Somali government including its national army are constantly cooperating and working toward peace and stability while eradicating threats, added SONNA.

Source: Kuwait News Agency

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