April 12, 2024

ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages iRobot Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – IRBT

NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iRobot Corporation (NASDAQ: IRBT) between August 5, 2022 and January 26, 2024, both dates inclusive (the “Class Period”), of the important May 7, 2024 lead plaintiff deadline.

SO WHAT: If you purchased iRobot 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 iRobot class action, go to https://rosenlegal.com/submit-form/?case_id=23275 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 May 7, 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 made false and/or misleading statements and/or failed to disclose that: (1) the Merger, Amazon.com, Inc.’s (“Amazon”) acquiring of iRobot, would place Amazon in a sufficiently dominant position in the market for robot vacuum cleaners (“RVCs”) that U.S. and European antitrust regulators were unlikely to approve the Merger; (2) iRobot had conducted inadequate due diligence into the Merger and/or ignored significant risks weighing against the likelihood of regulatory approval; (3) as a result of all the foregoing, iRobot overstated the likelihood for successfully completing the Merger; and (4) as a result, iRobot’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 iRobot class action, go to https://rosenlegal.com/submit-form/?case_id=23275 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/.

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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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9088521

April 12, 2024

ROSEN, A LEADING LAW FIRM, Encourages Innoviz Technologies Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – INVZ, INVZW

NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Innoviz Technologies Ltd. (NASDAQ: INVZ, INVZW) between April 21, 2021 and February 28, 2023, both dates inclusive (the “Class Period”), of the important May 14, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Innoviz 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 Innoviz class action, go to https://rosenlegal.com/submit-form/?case_id=23435 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 May 14, 2024. 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) Innoviz had overstated the benefits that Innoviz was likely to derive from its purported contracts, partnerships, and/or collaborations with automotive companies; (2) as a result, Innoviz was unlikely to achieve the level of profitability that defendants had represented to investors; (3) accordingly, Innoviz had overstated its business and/or financial prospects; and (4) as a result, Innoviz’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 Innoviz class action, go to https://rosenlegal.com/submit-form/?case_id=23435 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

GlobeNewswire Distribution ID 9088563

April 12, 2024

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages bluebird bio Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BLUE

NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of bluebird bio, Inc. (NASDAQ: BLUE) between April 24, 2023 and December 8, 2023, both dates inclusive (the “Class Period”), of the important May 28, 2024 lead plaintiff deadline.

SO WHAT: If you purchased bluebird 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 bluebird class action, go to https://rosenlegal.com/submit-form/?case_id=23717 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 May 28, 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 made false and/or misleading statements. Specifically, defendants created the false impression that: (1) bluebird could obtain Federal Drug Administration (“FDA”) approval for lovo-cel, gene therapy for sickle cell patients, without any black box warnings for haematological malignancies; (2) bluebird would be granted a priority review voucher by the FDA and in turn sell it in order to strengthen bluebird’s financial position for the lovo-cel launch; (3) as a result, bluebird had significantly overstated Lyfgenia’s clinical and/or commercial prospects; and (4) therefore, bluebird’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 bluebird class action, go to https://rosenlegal.com/submit-form/?case_id=23717 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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GlobeNewswire Distribution ID 9088511

April 12, 2024

ADSK LOSS ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Autodesk, Inc. Investors to Inquire About Securities Class Action Investigation – ADSK

NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Autodesk, Inc. (NASDAQ: ADSK) resulting from allegations that Autodesk may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Autodesk 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=24019 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On April 1, 2024, after the market closed, Autodesk filed with the SEC a late filing notice on Form NT 10-K. The late filing notice stated Autodesk was unable to file its 10-K for the fiscal year ending January 31, 2024 within the prescribed time period.

Further, Autodesk announced “[a]fter the Company’s earnings release on February 29, 2024, information was brought to the attention of management, which promptly informed the Audit Committee (the “Committee”) of the Board of Directors of the Company, that caused the Committee to commence an internal investigation with the assistance of outside counsel and advisors, regarding the Company’s free cash flow and non-GAAP operating margin practices. The Committee is comprised entirely of outside “independent directors” as defined by the Nasdaq Stock Market listing standards. The investigation is ongoing and all parties are working diligently to complete the investigation. The Company has voluntarily contacted the [SEC] to advise it that an internal investigation is ongoing, and the Committee intends to provide additional information to the Commission as the investigation proceeds. The Company needs further time to assist the Committee in its investigation and to review its practices in this regard.”

On this news, Autodesk’s stock fell $10.73 per share, or 4.1%, to close at $248.71 per share on April 2, 2024.

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:

GlobeNewswire Distribution ID 9088513

April 12, 2024

Eid-el-Fitr: Cleric calls for love, Godliness among Nigerians

A Muslim cleric, Mohammed Abubakar on Thursday called on Nigerians to embrace Godliness and show of love as a lifestyle. Abubakar, who is the head of 'Masjidul Ansar' mosque in One Man Village, Karu, Nasarawa State, made the call in an interview with the News Agency of Nigeria (NAN). According to him, the period of Eid-el-Fitr and Ramadan is not just for merriment, but also a period to reflect on the spirituality and love exhibited by individuals and society as a whole. Relating the just concluded Ramadan fast to school, Abubakar urged fellow Muslims and Nigerians to always adhere to the lessons and also learn to live with it. 'If we can stay away from hurting our fellow human beings, robbing, cheating, killing and committing all manner of evil for that period of 29, 30 days, then, it shows we can stay without sins. 'We should not forget what we have learnt during the period of Ramadan. We should pray and hope for more grace in our future endeavours and celebrations,' Abubakar said. He advised citizens to go beyond the Sallah celebration and continue to share love and peace among themselves. 'As we celebrate this Eid-el-fitr, haven learnt so much from Ramadan, irrespective of being rich or poor, we must, especially the rich, always extend food, money, clothing and arms to the poor. 'We should consider everybody as one and desirable of each other's love in different ways,' he said. Abubakar urged Nigerians to always pray for the nation's peace and harmony. Source: News Agency of Nigeria

April 12, 2024

LASG seeks community’s support for Omu-Creek road project

The Lagos State Ministry of Physical Planning and Urban Development has called on communities in and around Omu-Creek, in Ibeju-Lekki Local Government Area, to support the government in achieving the construction of Omu-Creek Road and bridge. The Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, made the appeal at a stakeholders' meeting on the construction of the first phase of the project, on Friday in Lagos. Olumide, represented by Mr Oluwole Sotire, Permanent Secretary, Office of Physical Planning, said that the Omu-Creek Road project was one of the many great examples of the infrastructure improvements of the state government. According to him, this aligns with the goals outlined in Gov. Sanwo-Olu's THEMES+ Agenda as he believes that this new road will improve connectivity and the economy of the area. He said, ' As we deepen our developmental efforts in your local government area, it is important that all hands must be on deck to ensure the successful takeoff and complet ion of the Omu-Creek Road project to enhance connectivity and vastly improve the socio-economic development of the state. 'To this end, I urge members of the communities in and around Omu Creek Road(Phase1) as well as the entire Ibeju-Lekki Local Government Area of Lagos State to give their unalloyed support to the people that will be involved in the project. 'The support should also include staff of the Office of Physical Planning and Lands Bureau, who shall have to establish and deliver the Right of Way, and respectively carry out enumeration of affected property for the project to birth successfully. 'And produce the expected benefits of improved transportation and interconnectivity within the state while also enhancing property value among others.'' Olumide emphasised that public infrastructure like roads were collective assets which belong to everyone in the community. He said that it was the responsibility of everyone to 'monitor and protect' these public assets, including the new road to be con structed. The commissioner promised that the government would take all necessary steps to finish the project on time, adding that it would try its best to minimise any disruptions caused by the construction. He acknowledged that some structures might need to be removed to make way for the road, noting that this removal would only happen if absolutely necessary for the project. He promised that any property affected would be compensated according to the rules. The Special Adviser, Works and Infrastructure, Lagos state, Mr Olufemi Daramola, congratulated the communities in and around the axis and convinced them of the project's benefits and why they should support it. He noted that the project aligned with Gov. Sanwo-Olu's development plan, emphasising the government's focus on infrastructure. Daramola assured the community that the upcoming wet season would not be a problem for commuters, suggesting improvements compared to the past. He encouraged residents to appreciate the governor's efforts in develo ping the area, emphasising that the project followed the state's long-term development strategy. Daramola, who highlighted the project's significance, said it had the potential to increase property value in the area. He requested the community's cooperation for the success of the project, saying this is presented as the beginning of further development initiatives in the area. The Permanent Secretary, Office of Infrastructure, Mr Lateef Somide, while discussing the project brief, noted that the road, about 600 metres bridge length, would open up the creek and improve economic activity of that corridor. He said that the road would be in two sections and would have pavements of 3.65 metres each just like what is being done presently in Lekki-Epe expressway. He said, ' So it tells you that, that particular road will have nothing less than over 50 years life span upon completion and economic activities on that road will be enhanced.'' Mr Tomilola Olatinwo, Project Consultant, Advanced Engineering Consultant s, explained some of the challenges and considerations that would go into the designing of the project. He revealed that the soil around the creek was weak and would require special attention, adding that there was a need to build a very strong foundation, possibly going down 60 to 70 meters, to account for this. Olatinwo also said that due to the difficult soil conditions, the project would be more expensive than usual. The consultant said that the road was designed to have a three-lane carriageway on each side of the road, including the bridge to handle the expected traffic volume in that area. The Project Director, Zakhia Bozhouny, Craneburg Construction Company, promised that the construction work on the Omu-Creek road project would be of the highest quality. He said that the company would use the best materials and construction methods to build a road that is durable, safe, and functional. The News Agency of Nigeria (NAN) reports that stakeholders at the meeting appealed to the state government for fair compensation for their loss and fair treatment during the construction process. Source: News Agency of Nigeria