ROSEN, LEADING TRIAL ATTORNEYS, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power 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 Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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 12, 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: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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

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MIKATI DURING CABINET SESSION CONGRATULATES LEBANESE ON RESISTANCE AND LIBERATION DAY

Speaking at the beginning of today’s Cabinet session at the Grand Serail, Caretaker Prime Minister, Najib Mikati, congratulated the Lebanese on the occasion of Resistance and Liberation Day, saying: “This victory would not have been possible without the unity of all the Lebanese, and it is our duty today to work to preserve and strengthen this unity.” Mikati added: “The convening of our session today coincides with a campaign launched against the government by a political team in the country that adopts boycotting the sessions without providing a logical explanation for its position. More than six months have passed since the vacancy in the presidency of the republic, and the presidential elections are still unknown, in light of the conditions and counter conditions for the political parties represented in the House of Parliament. In view of this situation, is the government required to stop the cycle of work in institutions and disrupt people’s interests completely? Is the government responsible for the presidential vacancy, or are the deputies responsible? And who said that the ministers participating in government sessions do not represent all Lebanese segments? Is it acceptable for the political dispute to reach the point of insulting people’s dignity and their balanced presence in all forums?’ Mikati went on to say: ‘Convening the Council of Ministers and conducting government work to keep the institutions’ cycle in place is neither a provocation nor a blow to the charter, partnership and the constitution, as some claim. Rather, striking the constitution and partnership is represented in adopting a deliberate and multi-form obstruction approach that has been going on for years and wasting time for personal goals.’ The PM added: “The real strike of the partnership is represented in refraining from carrying out the national and constitutional duty to elect a new president for the republic, especially by the team that weeps over the vacancy of the presidency’s post and participates in obstructing the election process; and this same team is the one that incites spiritual and political references against the government. The irony is that the team that calls for the Council of Ministers not to convene is the same one that demands the inclusion of items on the sessions’ agenda.’ Premier Mikati also said: “I am in the process of calling for a session of the Council of Ministers devoted to the file of the displaced Syrians, in which all points will be raised in preparation for the speech I will deliver at the European Union conference in Brussels on the 15th of next month. I task Caretaker Minister Issam Charafeddine to prepare for the ministerial session and the meeting of the ministerial committee on the file of the displaced, which will be held ahead of the special government session.” On the Banque du Liban’s governorship dossier, Mikati said: ‘We discussed this issue at length in the consultative meeting that we held on Monday, and we agreed that this issue is in the hands of the judiciary and in accordance with the provisions of the Lebanese law. I stressed that it is not permissible to appear as if one party wants revenge and another wants to secure protection. The easiest thing to say today is to dismiss the governor, but out of respect for the institutions and the opinions of the attending ministers, and after the Deputy Prime Minister submitted a written memorandum on this file, I will raise the issue for discussion now again to take the appropriate decision.’

Source: National News Agency – Lebanon

ARMY CHIEF RECEIVES SWISS, NORWEGIAN, GERMAN AMBASSADORS, SECRETARY GENERAL OF LEBANESE-SYRIAN SUPREME COUNCIL

Army Commander, General Joseph Aoun, on Friday received, at his Yarzeh office, Swiss Ambassador to Lebanon, Marion Weichelt, and Norwegian Ambassador, Martin Yttervik, where they discussed various issues. Maj. Gen. Aoun also received German Ambassador to Lebanon, Andreas Kindl, accompanied by the Military Attaché, Lieutenant Colonel Heino Matzken. A cooperation agreement in the field of equipment was signed with the army. The army chief also received the Secretary General of the Lebanese-Syrian Supreme Council Nasri Khoury, and they discussed the general situation.

Source: National News Agency – Lebanon

Syria participates at the activities of World Federation of Democratic Youth

The World Federation of Democratic Youth (WFDY) General Assembly began activities in the Cuban capital, Havana, with the participation of National Union of Students in addition to Arab and foreign organizations

The Syrian delegation participated in the opening festival with folklore songs, as the students organized a particular pavilion for the Syrian folklore at Medical University of Ilam.

The activities of the meeting will last until the 28th of May..

Source: Syrian Arab News Agency

Syria participates in UNESCO meeting on discussing Ethics of Artificial Intelligence in education

With the participation of Syria, a virtual ministerial round table meeting was held on Thursday, organized by United Nations Educational, Scientific and Cultural Organization (UNESCO), with the aim of discussing the normative framework for ethics of generative artificial intelligence (GAI) in education.

Relevant ministers and officials from 17 countries around the world participated alongside Syria in the meeting, including Cameroon, the Democratic Republic of the Congo, Ireland, Mali, Slovenia, Sri Lanka, Tunisia, Venezuela, Armenia, Bulgaria, People’s Republic of China, Canada, Ivory Coast, Italy, South Africa, Uzbekistan and Spain.

Minister of Education, Darem Tabbaa noted that the use of generative artificial intelligence in education is a necessity that requires the development of services similar to human educational capabilities that make the learner capable of continuous scientific simulation according to bases that allow him to provide data within a homogeneous human-technological environment that achieves the desired development, without hiding the features of a sound social structure.

Tabbaa pointed out that the problem of generative artificial intelligence in education is that the content it produces is not always accurate or appropriate because it takes into account the truth in a limited way.

Tabaa noted that the ministry launched an educational search engine to enable learners through generative artificial intelligence to access secure and reliable appropriate knowledge and skills to develop their capabilities.

Source: Syrian Arab News Agency

55 national companies participate in Syrian Spring Festival 2023

About 55 national companies participate in the activities of the Syrian Spring Festival 2023, organized by Nisreen Abbas Trade Foundation for Exhibitions and Conferences and Syrian Observatory for Media and Business Company, in cooperation with Sweida governorate and Sweida Chamber of Commerce and Industry, which kicked off on Thursday at Municipal Stadium in al-Mazraa Sports City in Sweida.

Sweida governor Bassam Parsik noted in a statement to reporters the importance of the festival in providing various goods and products with high quality and reasonable prices.

Executive Director of Syrian Observatory for Media and Business, Aya al-Kahf, noted that the idea of the festival appeared about three months ago, and preparations were made for it in coordination with Sweida governorate and Chamber of Commerce and Industry, as all the necessary facilities were provided.

Al-Kahf noted the importance of the festival in creating a state of joy in the governorate and contributing to positive intervention in the markets with goods at prices that are suitable for the consumer directly.

The festival, which will last until June 4, will be accompanied by artistic and cultural events and children’s games.

Source: Syrian Arab News Agency

Kingdom’s Delegation Holds Reception for States Participating in 19th World Meteorological Congress in Geneva

The Saudi delegation participating in the 19th session of the World Meteorological Congress (Cg-19) has held a reception for presidents and members of delegations participating in the congress in Geneva, Switzerland.

During the reception, the Kingdom’s delegation presented the Saudi regional programs related to weather and climate.

The Kingdom has worked to enhance its capabilities and potential in the field of weather and climate on local, regional, and international levels, said the head of the Saudi delegation and CEO of the National Center for Meteorology (NCM), Dr. Ayman bin Salem Ghulam.

Dr. Ghulam affirmed that Saudi efforts to enhance its capabilities in the two fields came in close partnership with the U.N. World Meteorological Organization (WMO), as the Kingdom has adhered to the WMO’s standards, outcomes, and decisions.

Meanwhile, Dr. Ghulam reviewed the Kingdom’s efforts in this regard, including restructuring of the meteorological and environmental sector and the establishment of a NCM with high capabilities to achieve best practices in this field.

Such efforts stem from the Kingdom’s pivotal role and geographical location, which necessitates further attention, given the challenges that Saudi Arabia faces, the NCM chief said.

Such challenges are represented in the lack or absence of monitoring systems in the countries of the region despite the different weather phenomena affecting them, Dr. Ghulam explained.

Source: Saudi Press Agency

Jizan Border Guards Foil Attempt to Smuggle 140 kg of Khat

The land patrols of the Border Guard in the Jizan region have thwarted an attempt to smuggle 140 kilograms of Khat. The seized narcotics were handed over to the competent authority, and preliminary legal procedures were completed.

Security agencies call on the public to report any information concerning drug smuggling or trafficking by calling 911 in Makkah, Riyadh, and the Eastern regions and 999 in the rest of the Kingdom’s regions.

They can also contact the General Directorate of Narcotics Control at 995 or through email: 995@gdnc.gov.sa. All reports will be treated with strict confidentiality.

Source: Saudi Press Agency

KSA Emphasizes Importance of Developing Innovation and Adopting Policies Stimulating Use of Science and Technology

Saudi Arabia participated in the first ministerial meeting of the Science, Technology, and Innovation Forum of the Organization of Islamic Cooperation (OIC), which was held virtually today, in Almaty, Kazakhstan, chaired by the Minister of Science and Higher Education, Sayasat Nurbek, and the participation of several senior officials from the OIC members countries.

The Kingdom’s delegation was headed by the President of King Abdulaziz City for Science and Technology, who supervises the team establishing the Research, Development, and Innovation Development Authority, Dr. Munir bin Mahmoud El-Desouki, who highlighted the Kingdom’s celebration of its second space mission to the International Space Station to conduct 14 scientific experiments to serve humanity.

Dr. El-Desouki stressed that this historic event establishes a new era for science, technology, and innovation in the Kingdom, whose objectives were formed mid-last year with the announcement of HRH, the Crown Prince of the Kingdom’s aspirations and national priorities for the research, development, and innovation sector, in which the Kingdom committed itself to spend 2.5% of its GDP on the sector by 2040.

He said: “We see the early stages of this ambition, and its indicators have begun to appear, as the Kingdom advanced 15 ranks in the Global Innovation Index in 2022, and winning prizes and first ranks in international competitions has become an annual habit for the Kingdom’s students and talents, including winning 27 awards at the Regeneron International Science and Engineering Fair (ISEF) 2023 conference as the second country in the world in terms of the number of awards.”

Dr. El-Desouki expressed hope that the forum would be an opportunity to exchange knowledge and experiences among the OIC members, stressing the Kingdom’s readiness represented by the Research, Development, and Innovation Development Authority to explore and activate prospects for this cooperation to serve all citizens of all Muslim countries, and to draw an honorable image that reflects the status of Arabs and Muslims in science and technology.

During the meeting, the participants discussed the importance of harnessing the technologies of the fourth industrial revolution in the OIC member states to improve their readiness for artificial intelligence, exchanging specialists in this field, and sharing data. They also approved the Forum’s objectives, governance, and technical committees, including new technologies, health and medicine, food security, water, climate change, environmental challenges, education, technology incubators, and science parks.

The Forum’s idea started in 2017 as a dialogue and consultative platform among the leading OIC countries in science, technology, and innovation to discuss ways to boost innovation in the OIC countries and adopt science and technology to serve development goals

Source: Saudi Press Agency

An Attempt to Smuggle 460,000 Captagon Tablets via Dhuba Port Foiled

Zakat, Tax and Customs Authority has foiled an attempt to smuggle 460,000 Captagon tablets via the Saudi Red Sea port of Dhuba.

The authority said that the drug consignment was found hidden in the cavities of machine shipment.

Accordingly, the authority said two suspects were apprehended and were referred to the competent authority.

Source: Saudi Press Agency

Red Cross Delivers Surgical Supplies to Khartoum Hospitals

The International Committee of the Red Cross (ICRC) has managed to deliver vital surgical supplies to seven hospitals in Khartoum, it was reported today.

Head of the ICRC delegation in Sudan Alfonso Perez said, in a statement, only 20% of health facilities in Khartoum are still operating, noting that hospitals are in dire need of water, electricity and a safe environment for patients and staff.

He added that the supplies were delivered in cooperation with the Sudanese Red Crescent

Source: Saudi Press Agency