June 19, 2022

ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages Okta, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – OKTA

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Okta, Inc. (NASDAQ: OKTA) between March 5, 2021 and March 22, 2022, both dates inclusive (the “Class Period”), of the important July 19, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Okta 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 Okta class action, go to https://rosenlegal.com/submit-form/?case_id=6365 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 19, 2022. 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) Okta had inadequate cybersecurity controls; (2) as a result, Okta’s systems were vulnerable to data breaches; (3) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (4) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (5) all the foregoing, once revealed, was likely to have a material negative impact on Okta’s business, financial condition, and reputation; and (6) as a result, the Company’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 Okta class action, go to https://rosenlegal.com/submit-form/?case_id=6365 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.

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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

June 19, 2022

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Mullen Automotive, Inc. f/k/a Net Element, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – MULN, NETE

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Mullen Automotive, Inc. f/k/a Net Element, Inc. (NASDAQ: MULN, NETE) between June 15, 2020 and April 6, 2022, inclusive (the “Class Period”), of the important July 5, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Mullen 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 Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 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 5, 2022. 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) Mullen overstates its ability and timeline regarding production; (2) Mullen overstates its deals with business partners, including Qiantu Motors; (3) Mullen overstates its battery technology and capabilities; (4) Mullen overstates its ability to sell its branded products; (5) Net Element did not conduct proper due diligence into Mullen Technologies; (6) the Dragonfly K50 was not (solely) delayed due to the COVID-19 pandemic; and (7) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 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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June 19, 2022

ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages Spero Therapeutics, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – SPRO

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Spero Therapeutics, Inc. (NASDAQ: SPRO) between October 28, 2021 and May 2, 2022, both dates inclusive (the “Class Period”), of the important July 25, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Spero Therapeutics 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 Spero Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=6561 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 25, 2022. 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) the data submitted in support of the New Drug Application (“NDA”) of Tebipenem HBr, an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults, were insufficient to obtain U.S. Food and Drug Administration (“FDA”) approval; (2) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (3) the foregoing would necessitate a significant workforce reduction and restructuring of Spero Therapeutics’s operations; and (4) as a result, the Company’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 Spero Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=6561 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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June 19, 2022

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages LMP Automotive Holdings, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – LMPX

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LMP Automotive Holdings, Inc. (NASDAQ: LMPX) between June 29, 2021 and May 19, 2022, both dates inclusive (the “Class Period”) of the important July 26, 2022 lead plaintiff deadline.

SO WHAT: If you purchased LMP 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 LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 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 26, 2022. 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) LMP engaged in the improper identification and elimination of intercompany transactions; (2) LMP used incorrect estimates for chargeback reserves for finance and insurance products; (3) LMP had misclassified certain items in its financial statements which impacting balance sheet and income statement financial statement captions; (4) there were material weaknesses in LMP’s internal control over financial reporting; (5) as a result of the foregoing, LMP overstated its revenue; (6) as a result of the foregoing, LMP would restate certain of its previously issued financial statements and results; and (7) as a result of the foregoing, defendants’ positive statements about LMP’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 LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 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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June 19, 2022

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages IonQ, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – IONQ

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of IonQ, Inc. (NYSE: IONQ) between March 30, 2021 and May 2, 2022, both dates inclusive (the “Class Period”), of the important August 1, 2022 lead plaintiff deadline.

SO WHAT: If you purchased IonQ 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 IonQ class action, go to https://rosenlegal.com/submit-form/?case_id=6703 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 August 1, 2022. 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) IonQ had not yet developed a 32-qubit quantum computer; (2) IonQ’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ’s quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ’s revenue was derived from improper round-tripping transactions with related parties; and (5) as a result of the foregoing, defendants’ positive statements about IonQ’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 IonQ class action, go to https://rosenlegal.com/submit-form/?case_id=6703 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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June 19, 2022

CGTN: China stresses the need to advance economic globalization amid global crisis

BEIJING, June 18, 2022 /PRNewswire/ — As the world deals with major changes and a pandemic unseen in a century, China has highlighted the importance of advancing globalization even as the economic integration process faces headwinds.

To forge greater synergy for development and close the development gap, the international community needs to pool cooperation resources, platforms and networks of development partnerships, Chinese President Xi Jinping said on Friday in a virtual address to the plenary session of the 25th St. Petersburg International Economic Forum.

“We have full confidence in China’s economic development,” Xi said. “China will continue to promote high-quality development, expand high-standard opening-up with firm resolve, and pursue high-quality Belt and Road cooperation.”

More equitable, sustainable global development

Noting that the international community is keen to achieve more equitable, sustainable and secure development, Xi said it is important to seize opportunities, meet challenges head-on, and work on the implementation of the Global Development Initiative to build a shared future of peace and prosperity.

The Chinese president proposed the Global Development Initiative in his speech to the 76th Session of the United Nations General Assembly via video link in September last year. The plan charts a course for international development.

It is important that all countries strengthen the “soft connectivity” of development policies and international rules and standards, Xi told the attendees at the forum.

Attempts at decoupling, supply disruption, unilateral sanctions and maximum pressure should be rejected, and trade barriers removed so as to keep global industrial and supply chains stable, tackle the worsening food and energy crises, and revive the world economy, he said.

It is important to follow true multilateralism, and respect and support all countries’ pursuit of development paths suited to their national conditions, he said, adding that it is also important to build an open world economy and increase the representation and voice of emerging markets and developing countries in global economic governance.

He also called on countries to pursue innovation-driven development, stressing the importance of unlocking the potential of innovation-driven growth, improving the rules and institutional environment for innovation, and breaking down barriers to the flow of innovation factors.

Xi urged efforts to deepen exchanges and cooperation in innovation, facilitate deeper integration of science and technology into the economy, and make sure the fruits of innovation are shared by all.

China to continue promoting high-quality development

The Chinese president pointed out that the fundamentals of the Chinese economy – strong resiliency, enormous potential and long-term sustainability – remain unchanged.

As one of the first countries to resume work and production, the country became the only major economy to register positive growth in 2020, with its GDP surpassing 114.4 trillion yuan (about $18.1 trillion) in 2021.

A recent report released by the American Chamber of Commerce in South China has indicated that over 70 percent of the assessed companies have reinvestment plans in China for 2022, and 58 percent consider their overall return on investment in China to be higher than in other places.

China stands ready to work with Russia and all other countries to explore development prospects, share growth opportunities, and make new contributions to deepening global development cooperation and building a community with a shared future for mankind, Xi said.

https://news.cgtn.com/news/2022-06-17/Xi-addresses-25th-St-Petersburg-International-Economic-Forum-1aWGtfC4wN2/index.html

Video – https://www.youtube.com/watch?v=lVFV29vcce0

June 19, 2022

KSA Wins Membership of IFRC Board of Directors

Riyadh, The Kingdom of Saudi Arabia, represented by the Saudi Red Crescent Authority (SRCA), won the membership of the Board of Directors of the International Federation of the Red Cross and Red Crescent (IFRC) for the Asia-Pacific region for a new four-year term, in the elections that took place at the Federation’s headquarters in Geneva, as part of the 23rd session of IFRC General Assembly.

The SRCA succeeded in winning membership after collecting most of the votes of the delegates of the member states, while the current IFRC president, Francesco Rocca, won the presidency for a new term that extends for four years.

The SRCA President, Dr. Jalal Bin Mohammed Al-Owaisi, sent congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and HRH the Crown Prince, on this achievement, stressing that this embodies the international standing of the Kingdom, especially in the areas of humanitarian and relief work, and the great role it plays in the service of humanity per the directives of the Saudi leadership.

Al-Owaisi, who is currently heading the authority’s delegation to the General Assembly in Geneva, said that the Saudi Red Crescent Authority has always been keen to be an active and influential member within the International Federation of the Red Cross and Red Crescent, noting that this victory helps SRCA perform its lofty mission and motivates it to exert more effort to alleviate the suffering of humanity and extend a helping hand and assistance to the needy in different countries, with no regard to gender, religion or race.

Source: Saudi Press Agency

June 19, 2022

Saudi Case Preparation Center Provides 245,000 Services

Riyadh, The Saudi Ministry of Justice said that Case Preparation Center has extended more than 245,000 services since its launch in May.

In a statment to Saudi Press Agency (SPA), the ministry disclosed that the center employs 342 researchers and over 800 experts in engineering, accounting, appraisals and law, adding that they work to achieve the center’s goals of streamlining procedures and promoting swift justice.

Aiming to improve judicial services and enhance the quality of rulings, the center conducts preliminary studies of lawsuits, manages notices, summarizes records and memos, and composes the first draft of rulings.

Source: Saudi Press Agency

June 19, 2022

Minister of Sports Congratulates Leadership on the Saudi Olympic Team winning AFC U23 Asian Cup

Riyadh, Prince Abdulaziz bin Turki Al-Faisal, Minister of Sports and President of the Saudi Olympic and Paralympic Committee, extended his congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, HRH the Crown Prince, and the Saudi people on the occasion of the Saudi U-23 team winning of the U-23 Asian Cup, after beating Uzbekistan (2-0), in the match between the two teams at the Milliy Stadium in Tashkent, in the 2022 AFC U-23 Cup Final.

In a press statement on this occasion, Prince Abdulaziz said: “We thank Allah the Almighty for our Olympic team winning the Asian Cup, which embodies the great and unprecedented support of our wise leadership, and the great interest we receive from HRH the Crown Prince who paid great attention to the sports sector, which was positively reflected in achieving qualitative leaps at all levels and raising the name of the Kingdom of Saudi Arabia high in various sports forums”.

Prince Abdulaziz added: “I congratulate our hero players, members of the technical and administrative staff, and employees of the Saudi Arabian Football Federation, led by Yasser Al-Mishal, for this achievement, which confirms the development of Saudi football, and our country’s possession of distinguished talents, possessing great technical levels capable to serve the Saudi national teams in the coming years, to garner more achievements for our country in various games and sports.”

Source: Saudi Press Agency

June 19, 2022

Saudia” provides new service enabling collection of Pilgrims’ luggage from places of residence in Makkah and Madinah

Jeddah, “Saudia”, the Saudi Arabian Airline, has activated a new free service enabling finalizing travel procedures for international flights, including issuance of boarding passes as well as baggage cards, in addition to receiving passengers’ baggage from their residence in Makkah and Madinah 24 hours ahead of the departure time of their flights, to complete all related procedures and transfer the luggage directly to the airport’s baggage.

The new service provided by “Saudia” through prior coordination by representatives of travel groups with service providers in Makkah around the clock via e-mail (hajjm1@jed-sa.com) as well as through the (WhatsApp) service via the number (+966515223812), and for travelers in Madinah via e-mail (hajjS1@jed-sa.com) and (WhatsApp) via the number (+966515223813), reflects Saudia’s keenness to facilitate travel procedures for pilgrims, and avoid crowding at airports during the return stage.

Saudi Airlines also launched an awareness campaign concerning baggage instructions for pilgrims, and governing regulations targeting various sites inside and outside the Kingdom, as part of its keenness to ensure smooth flow of movement at airports and operational processes in the return phase after performing the rituals.

Source: Saudi Press Agency

June 19, 2022

President of AFC Congratulates Saudi Olympic Team on Winning Asia Cup U23

Riyadh, President of Asian Football Confederation (AFC) Shaikh Salman bin Ebrahim Al Khalifa, who also serves as FIFA Senior Vice-President, congratulated the Saudi Olympic team on winning Asia cup U23, the competition of which wrapped up two love for Saudi Arabia tonight in the Uzbek capital vis-a-vis Uzbekstan following three weeks of exciting football rivalry among 16 national Asian teams.

Al Khalifa considered the achievement a seal of the Saudi

Arabian football status and continental stunning brilliance reflecting the Saudi sports leadership efforts taking care about their national team.

He praised the great high-level shown by the Saudi natoinal team during today’s final match and its preceding ones.

Source: Saudi Press Agency