COP27 needs a tremendous focus on action, Commonwealth of Dominica looking to share scalable solutions

Roseau, Nov. 04, 2022 (GLOBE NEWSWIRE) — There are a few days left until COP27 takes place in the Egyptian city of Sharm El-Sheikh from 6 to 18 November and the Commonwealth of Dominica, like many nations around the world, will be watching to see if this summit finally brings action and implementation of proposals and promises.

“We are at the stage where we can no longer use these events as talk shops, but rather, we need to be laser-focused and intentional about developing actionable plans to tackle the biggest challenge of our time – climate change,” says Dr. Vince Henderson, Dominica’s minister for planning, economic development, climate resilience, sustainable development, and renewable energy.

Small island nations like Dominica, are not the only countries facing extreme weather conditions as a result of global warming. UN Secretary-General António Guterres mentioned to journalists in New York recently that a third of Pakistan is flooded, Europe is experiencing its hottest summer in 500 years, the Philippines is dealing with the aftermath of tropical storm Paeng and in the United States, Category 4 Hurricane Ian was just another reminder of the climate crisis.

Dominica has been on a path to be the world’s first climate-resilient nation following Hurricane Maria which left an estimated 90 percent of buildings damaged or destroyed in 2019.

This year, at COP27, Dominica wants to showcase how it will reach climate resiliency by 2030. The country has implemented a number of projects that can be used as case studies that can be used as a flywheel of action.

“Everybody is talking about sustainability and climate change and why we need to reduce carbon emissions, the issue is how we are going to make a meaningful impact. For people to translate insight into action, they need to see good examples that motivate them, and we believe Dominica has an abundance of examples that are yielding results,” continues Minister Henderson.

In response to the destruction caused by Hurricane Maria, Dominica launched a climate resilience policy framework to help guide its recovery journey in the form of the National Resilience Development Strategy 2030 (NRDS).

The Climate Resilience and Recovery Plan of Dominica aim to build strong communities, build a robust economy, have a well-planned and durable infrastructure; strengthen institutional systems and, protect and sustain natural and other unique assets.

It centres around three pillars: structural resilience, financial resilience, and post-disaster resilience.

Structural resilience: The government of Dominica is building a resilient infrastructure capable of withstanding natural disasters, including Category 5 hurricanes. It includes the construction of 5 000 climate-resilient homes, healthcare centres, roads, bridges, airports, and schools.

Financial Resilience: The government of Dominica is implementing institutional fiscal reform to ensure stronger fiscal resilience which will aid in the strengthening of debt sustainability utilising several key institutional fiscal areas.

Post Disaster and Social Resilience: This pillar helps encourage farmers to plant more root crops which are more resilient to heavy rain and wind, and increases farmer training programmes and government assistance with the provision of seeds and fertilizers. The government’s plan to strengthen food security includes specific policies for the resiliency of the agriculture and fisheries industries.

With 2022 set to rank among the 10 warmest years on record, according to the US National Oceanic and Atmospheric Administration, Dominica is also constructing a geothermal power plant which will increase the country’s share of renewables and diversify the country’s energy matrix. The Commonwealth of Dominica already obtains 28% of its energy requirements from renewable energy sources such as hydropower and wind.

The UN is urging the world’s industrialized nations to ‘lead by example’ by taking ‘bold and immediate actions’. One of these nations includes the United States of America and with President Joe Biden confirmed to attend, it is said he will build on the significant work the United States has undertaken to advance the global climate fight and help the most vulnerable build resilience to climate impacts.

Last year, Biden arrived at COP26 largely empty handed and this year he will promote the passage of the Inflation Reduction Act, a bill that devotes hundreds of billions of dollars to clean energy initiatives and brings Biden’s pledge to cut United States emissions in half by 2030 closer within reach.

The Conference of the Parties (COP) is the group of nations that have signed the UN Framework Convention on Climate Change (UNFCCC), which was put together in 1992. It commits them to act together to stabilize greenhouse gas concentrations “at a level that would prevent dangerous anthropogenic (human-induced) interference with the climate system”. Since then, the parties, or nations, have met almost annually.

COP26 was held in the Scottish city of Glasgow in November 2021 and it brought together 120 world leaders and representatives from almost 200 countries. It culminated in the Glasgow Climate Pact, which reaffirmed the 2015 Paris Agreement goal of “limiting the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit it to 1.5°C”.

PR Dominica
Commonwealth of Dominica
001 (767) 266 3919
mildred.thabane@csglobalpartners.com
GlobeNewswire Distribution ID 8689439

Global Times: China-Pakistan ironclad ties consolidated; key CPEC projects to advance as ‘BRI, Chinese modernization benefit all’

BEIJING, Nov. 3, 2022 /PRNewswire/ — Chinese President Xi Jinping on Wednesday held talks with visiting Pakistani Prime Minister Muhammad Shehbaz Sharif at the Great Hall of the People in Beijing, and Sharif is one of the world leaders that has visited China right after the conclusion of the 20th National Congress of the Communist Party of China (CPC).

China is ready to work with Pakistan to elevate the level of all-round strategic cooperation, speed up efforts to build a closer China-Pakistan community with a shared future in the new era, and inject new impetus into their all-weather strategic cooperative partnership, Xi said.

After presenting the key outcomes of the 20th CPC National Congress, President Xi underscored that China will continue its fundamental policy of opening-up and provide new opportunities to Pakistan and the rest of the world through continuous development. China will further deepen synergy between its development strategies and those of Pakistan.

Xi pointed out that facing a highly uncertain world, both sides should stand on the right side of history, keep up their strong cooperation in multilateral mechanisms, and work closely on major international and regional issues so as to uphold true multilateralism, international fairness and justice and the shared interests of developing countries, and inject certainty and positivity into the world.

According to a joint statement issued after the bilateral meeting, the two sides held in-depth exchange of views on the bilateral relations as well as regional situation and international political landscape. The two sides agreed on the importance of China-Pakistan All-weather Strategic Cooperative Partnership amid the emerging global challenges. The meetings were marked by traditional warmth, mutual strategic trust and commonality of views.

In the meeting, Sharif noted that it is a great honor for him to be among the first foreign leaders to visit China after the successful 20th CPC National Congress, which marked a new milestone. The visit is a testament to the profound, ironclad friendship between Pakistan and China.

Sharif said that over the past decade, under the leadership of President Xi, China has created a miracle of great development achievements. China has upheld multilateralism, promoted global solidarity and cooperation, and made important contributions to safeguarding world peace and development. In doing so, China has lived up to its responsibility as a major country.

Qian Feng, director of the research department at the National Strategy Institute at Tsinghua University, told the Global Times “Having invited Sharif as one of the first foreign leaders to visit China after the conclusion of the 20th CPC National Congress, not only demonstrates the ever close relationship between the two sides but once again proves that the international community is optimistic about China’s development in the future, and is willing to strengthen ties with China.”

Pakistan fully supports the Global Development Initiative and the Global Security Initiative put forth by President Xi, said Sharif. It will strengthen communication and collaboration with China in international and regional affairs to make a positive contribution to world peace and development. “The Pakistan-China friendship is unbreakable. Pakistan will always stand firmly with China,” said the Pakistani prime minister.

Through the Belt and Road Initiative, China has helped Pakistan in solving two bottleneck problems plaguing Pakistan’s economic development – infrastructure and energy supply shortage, Qian said. Through the first phase of China-Pakistan Economic Corridor (CPEC) cooperation, it has laid a solid foundation and built a platform for Pakistan’s economic development in the next step, he noted.

“The close and effective strategic coordination between China and Pakistan has set an example of international cooperation and has delivered a clear message to the world, that countries with different social systems, nationalities, civilizations and stages of development can still achieve win-win cooperation,” Qian said.

The two sides will fully utilize the Joint Cooperation Committee of the China-Pakistan Economic Corridor, advance CPEC with greater efficiency, and make it an exemplar of high-quality Belt and Road cooperation, Xi said at the meeting.

China will work with Pakistan to expand cooperation in the digital economy, e-commerce, photovoltaic and other new-energy technologies, and take solid steps to advance cooperation concerning agriculture, science, technology and people’s livelihoods, the Chinese president said.

China will continue to do its best to support Pakistan in stabilizing its financial situation. China supports its provinces with a strong industry in pairing up with Pakistani partners to advance industrial cooperation, and hopes the Pakistani side will provide a sound business environment, Xi noted.

Noting completion of a decade of CPEC’s remarkable achievements in 2023, the two sides expressed satisfaction at CPEC’s contribution to socio-economic development of the two countries, according to the joint statement.

The two sides also noted that the recent meeting of CPEC Joint Working Group on International Cooperation and Coordination (ICC) had highlighted that CPEC was an open and inclusive platform. Both sides welcomed interested third parties to benefit from investment opportunities in the priority areas of CPEC cooperation such as industry, agriculture, IT, science and technology, and oil and gas.

Lin Minwang, a professor at the Institute of International Studies of Fudan University, told the Global Times that due to the fact that there is a clear advantage for the development of the CPEC – the high-level mutual trust between China and Pakistan, and such kind of trust toward China from Pakistan is a solid consensus shared by all major political parties and forces.

“With Sharif coming to power earlier this year, the China-Pakistan cooperation on the CPEC has focused more on the massive infrastructure projects, and to improve the livelihoods for the locals with more progress on infrastructure construction,” Lin said.

Sharif said Pakistan is ready to work with China to continue promoting high-quality Belt and Road cooperation, and hopes to have China’s strong support in the upgradation of ML-1, the Karachi Circular Railway and other important infrastructure projects. Pakistan will further step up security measures and do all it can to protect the safety of Chinese institutions and personnel.

Intercultural Innovation Hub: Calling Projects promoting an inclusive and diverse society

Apply now to become the Next Global Changemakers

  • The new Intercultural Innovation Hub of UNAOC and the BMW Group connects people and cultures, empowers grassroots organizations and elevates intercultural innovation.
  • Selected projects promoting diversity, integration and social inclusion will work towards achieving sustainable growth.
  • Participants will benefit from a financial grant of up to 20,000 USD plus a year of capacity-building workshops, customized support, and membership to the “Intercultural Leaders” global networking platform.
  • Deadline for Applications: 2nd December 2022 at www.interculturalinnovation.org.

MUNICH, Germany and NEW YORK, Nov. 03, 2022 (GLOBE NEWSWIRE) — Since 2011, UNAOC and the BMW Group have worked with leaders and organizations from around the globe to tackle intercultural challenges through social innovations. With the new Intercultural Innovation Hub, our mission is to connect people and cultures, empower grassroots organizations, as well as elevate and scale up intercultural innovation. To this end, organizations promoting diversity, integration and social inclusion are invited to become part of the hub and benefit from comprehensive support to expand the social impact of their projects.

Participating and increasing impact
The Intercultural Innovation Hub is focused on supporting projects that promote gender equality, counter violent extremism, hatred, and prejudice, and advocate for art, culture and sports as vectors for social cohesion and diversity, through:

Financial support for sustainable growth: To leverage the social impact of the selected projects, up to ten finalists will receive up to 20,000 USD each to help their initiative scale up sustainably.
One-year capacity-building program: UNAOC and BMW Group with the support of Accenture, will provide the recipients a year-long series of capacity-building workshops and customized support.
Membership to the “Intercultural Leaders” community: Participants will be part of a global network of changemakers working in the fields of social inclusion and diversity.

Apply now and become the next global changemaker
Interested organizations should submit their applications by 5:00 p.m. (EST) on Friday, December 2nd, 2022, at www.interculturalinnovation.org

If you have any questions, please contact:

Milena Pighi, BMW Group Corporate and Governmental Affairs, Spokesperson CSR
Telephone: +49-89-382-66563, [email protected]

Alessandro Girola, Programming Coordinator, UNAOC
Telephone: +1 (929) 274-6217, [email protected]

GlobeNewswire Distribution ID  8685593

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages BRP Group, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – BRP

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of BRP Group, Inc. (NASDAQ: BRP) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased BRP Group 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=9278 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On September 13, 2022, market analyst NINGI Research published a report alleging, among other things, that “BRP has doctored its organic growth rate to beat analysts’ estimates” and that “the company misled investors by presenting inorganic revenue as organic revenue through a self-proclaimed separate agreement with an affiliate[.]”

The report also alleges that “in 2020 BRP’s proprietary ‘MGA of the Future’ technology was misappropriated by an employee and handed to a competitor, as alleged by BRP in a lawsuit” and that “the company allegedly did not notice the misappropriation until May 2021 but did not disclose the intellectual property theft to investors to date, despite arguing in a lawsuit that the theft has and will have severe damage to BRP’s revenue and market share[.]”

On this news, BRP Group’s stock fell $2.39 per share, or 7%, to close at $29.98 per share on September 13, 2022.

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:

        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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8687895

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Core Scientific, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – CORZ

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) resulting from allegations that Core Scientific may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Core Scientific 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=3932 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On September 28, 2022, Celsius Network LLC and related entities filed a motion to enforce the automatic stay and for civil contempt in bankruptcy proceedings alleging that Core Scientific “has knowingly and repeatedly violated the automatic stay provisions of 11 U.S.C. § 362(a)” by refusing to perform its contractual obligations, threatening to terminate the companies’ agreement, and adding improper surcharges. On this news, Core Scientific’s stock fell 10% to close at $1.30 per share on September 29, 2022.

Then on October 27, 2022, before market hours, Core Scientific filed a current report on Form 8-K with the SEC which noted several issues with the Company and stated that the Company “potentially could seek relief under the applicable bankruptcy or insolvency laws. In the event of a bankruptcy proceeding or insolvency, or restructuring of our capital structure, holders of the Company’s common stock could suffer a total loss of their investment.”

The current report also revealed that “[a]s of October 26, 2022, the Company held 24 bitcoins and approximately $26.6 million in cash as compared to 1,051 bitcoins and approximately $29.5 million in cash as of September 30, 2022[,]” and that “[t]he Company anticipates that existing cash resources will be depleted by the end of 2022 or sooner.”

On this news, Core Scientific’s stock fell about $0.79 per share, or over 78%, to close at $0.22 per share on October 27, 2022.

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:

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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8687836

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom 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=7943 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

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. 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:

        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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8687839

 

Arabian Development & Marketing Company Inks Deal with Sabrewing Aircraft to Purchase 53 “Rhaegal-A” VTOL Air Cargo Drones

This marks the third contract with ADMC totaling over a €1 billion in orders

RH-1A Rhaegal

Sabrewing Aircraft Company, Inc. announced today that its RH-1-A “Rhaegal” VTOL air cargo drone had achieved its first hover flight while lifting a record-setting payload.

OXNARD, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) — In a joint announcement today between Arabian Development and Marketing Corporation (ADMC) and Sabrewing Aircraft Company, Inc., the two companies stated that ADMC had ordered 53 of the record-breaking heavy-lift cargo uncrewed aerial vehicle (UAV). This event comes on the heels of Sabrewing’s Rhaegal-A “Alpha” aircraft’s first world record breaking flight.

“We had a phenomenal response to our first flight announcement,” said Ed De Reyes, CEO of Sabrewing. “We are meeting our customers’ requests of carrying large volumes of cargo while lifting heavy payloads of weight.”

This September, Sabrewing announced that it had flown its first flight with a record-breaking 829 pound/374 kg payload – the most for any commercial cargo UAV. According to De Reyes, the Rhaegal-A has continued to fly and lift heavy payloads as part of its final development program.

ADMC currently has 128 orders for Sabrewing’s Rhaegal-B “Bravo” aircraft, that is capable of lifting 5,400 pounds/2,450 kg vertically and up to 10,000 pounds/4,535 kg conventionally. Both the “Alpha” and “Bravo” models are capable of taking off vertically. They are the only cargo UAV capable of taking off both vertically and conventionally (as a fixed-wing aircraft).

De Reyes continued, “Because we already have the molds, hardware, software and avionics from our first aircraft, we’ve completed the majority of the development work on the Alpha model aircraft. We were looking for a launch customer to start production. ADMC found customers who were interested in buying and leasing the cargo UAV. We had an overwhelming response to our first flight, and interest skyrocketed from day one of the announcement.”

De Reyes added, “On our very first flight, we carried a payload that beat the highest planned payload capacity of the closest competitor by almost 500 pounds, and with over four times more volume than the closest competitors. Since our first payload was only about one-third of what we can carry, we knew it was going to attract a lot of customers who have the need to carry a ton or more of cargo in a large cargo bay.”

Ayman Zeibak, General Manager of ADMC, noted, “We are the first launch customer for the Bravo aircraft, ordering 128 of Sabrewing’s Rhaegal-B “Bravo” aircraft valued at over €768 million. We now have a mix of highly versatile aircraft to lease to our African and Middle Eastern customers.”

Zeibak noted, “The Sabrewing Alpha is just the right size for some of the smaller air cargo companies who don’t have contracts with FedEx, DHL or another major carrier, but have the need to carry 1000 kilos of bulk cargo to remote locations on a regular basis.”

This launch order represents an additional €260 million in revenue for Sabrewing, as well as the launch of an additional product line. De Reyes also said that they expect to begin delivering the first Alpha models for type certification testing by the beginning of the 3rd quarter of 2023.

About Sabrewing Aircraft Company
Sabrewing Aircraft Company was founded in 2016 and built the prototype aircraft in Hayward, California. The Sabrewing team has over 98 years of aircraft design and manufacturing experience, and the flight test team has over 145 years of flight test and certification experience with the FAA, EASA, CAA, Air Transport Canada, and several other regulatory agencies. Sabrewing’s d development partners have provided an additional 46 engineers of all disciplines, making the Rhaegal aircraft the best-designed, best-in-class vehicles in the sky. For more information visit: www.sabrewingaircraft.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c4a11a4-356f-41f8-acb1-fb74e69e888b.

Press Contact:
Angela Crawford
[email protected]
201.445.0996

GlobeNewswire Distribution ID 8687517

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Compass Minerals International, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CMP

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Compass Minerals International, Inc. (NYSE: CMP) between October 31, 2017 and November 18, 2018, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 20, 2022.

SO WHAT: If you purchased Compass Minerals 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 Compass Minerals class action, go to https://rosenlegal.com/submit-form/?case_id=8924 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 December 20, 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. 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, throughout the Class Period, defendants repeatedly assured investors that the continuous mining and continuous haulage (“CMCH”) upgrade at the Goderich mine, the largest underground rock salt mine in the world located in Ontario, Canada, was on track to materially reduce costs and boost Compass Minerals’ operating results starting in 2018. However, defendants’ statements were misleading because they failed to tell investors that costs at the Goderich mine were increasing rather than decreasing. The Compass Materials class action lawsuit further alleges that defendants also misrepresented the amount of salt Compass Minerals was able to produce at Goderich using the new CMCH equipment and failed to disclose how the known and ongoing production shortfalls it was experiencing were reasonably expected to reduce its future operating income. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Compass Minerals class action, go to https://rosenlegal.com/submit-form/?case_id=8924 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8686559

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Polished.com Inc. f/k/a 1847 Goedeker Inc. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm – POL, GOED

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Polished.com Inc. f/k/a 1847 Goedeker Inc. (NYSE American: POL, GOED): (i) pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company’s 2020 initial public offering (the “IPO” or “Offering”); and/or (ii) between July 27, 2020 and August 25, 2022, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 30, 2022.

SO WHAT: If you purchased Polished 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 Polished class action, go to https://rosenlegal.com/submit-form/?case_id=8124 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 December 30, 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 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.

DETAILS OF THE CASE: According to the lawsuit, the registration statement supporting the IPO was false and/or misleading and/or failed to disclose that: (1) the Company would restate certain financials; (2) the Company’s internal controls were inadequate; (3) the Company downplayed and obfuscated its internal controls issues; (4) as a result, the Company would engage in an independent investigation; (5) as a result of the investigation, the Company would, among other things, retain independent counsel and consultants, and delay its quarterly filings in violation of NYSE requirements of listing; (6) following the commencement of the investigation, the Company’s CEO and CFO would leave the Company; and (7) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. Also according to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company’s internal controls were inadequate; (2) the Company downplayed and obfuscated its internal controls issues; (3) the Company did not properly construct or remediate its inadequate and ineffective internal controls; (4) contrary to the Company’s statements, the Company was not remediating its internal controls; (5) as a result, the Company would engage in an independent investigation; (6) as a result of the investigation, the Company would, among other things, retain independent counsel and consultants, and delay its quarterly filings in violation of NYSE requirements of listing; (7) following the commencement of the investigation, the Company’s CEO and CFO would leave the Company; and (8) 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 Polished class action, go to https://rosenlegal.com/submit-form/?case_id=8124 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8687006