Day: April 11, 2024

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ROSEN, A LEADING LAW FIRM, Encourages Waldencast plc Investors to Inquire About Securities Class Action Investigation – WALD, WALDW

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Waldencast plc (NASDAQ: WALD, WALDW) resulting from allegations that Waldencast may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Waldencast 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=18362 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 July 5, 2023, after the market closed, Waldencast filed a current report with the Securities and Exchange Commission in which it disclosed, among other things, that it intended to “restate its consolidated financial statements for the Relevant Periods”, which were the periods ending December 31, 2021, March 31, 2022, June 30, 2022, and September 30, 2022. Waldencast announced it had “determined that a material weakness existed in the Company’s internal control over financial reporting during the relevant periods.”

On this news, Waldencast’s stock fell $0.76 per share, or 10%, to close at $6.63 per share on July 6, 2023.

Then, on January 16, 2024, Waldencast reported its financial results for the fiscal year ended December 31, 2022, which included restated financial statements.

On this news, Waldencast’s stock fell $1.57 per share, or 15%, to close at $8.70 per share on January 16, 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:

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 9087744

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ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages bluebird bio Inc. Investors to Inquire About Securities Class Action Investigation – BLUE

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

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

SO WHAT: If you purchased bluebird 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=23843 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 March 26, 2024, before the market opened, bluebird filed an 8-K with the SEC in which it announced, “[o]n March 24, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, based on the recommendation of management and after consultation with EY, concluded that the Company’s previously-issued audited consolidated financial statements for each fiscal year beginning January 1, 2019 and its previously-issued unaudited interim condensed consolidated financial statements for each of the first three quarters in such years, as well as the associated earnings releases and investor presentations or other communications describing such financial statements, were materially misstated and, accordingly, should no longer be relied upon.”

On this news, bluebird’s stock fell $0.16 per share, or 11.8%, to close at $1.20 per share on March 26, 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:

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 9087732

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PM, Interior Minister discuss overall political situation

Interior Minister Syed Mohsin Raza Naqvi called on Prime Minister Shehbaz Sharif in Lahore today. The exchanged Eid greetings and good wishes with each other. The Prime Minister expressed satisfaction at the law and order situation in the country on the occasion of Eid-ul-Fitr. Overall political situation in the country also came under discussion during the meeting. Source: Radio Pakistan

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Ahsan calls for Institutional resolve to discourage chaos, anarchy

Minister for Planning and Development Ahsan Iqbal has called upon state institutions to exhibit greater determination in keeping chaos and anarchy far from the country. Addressing a reception hosted in his honor in Jeddah, he said that every institution of the country will have to ensure that chaos and anarchy cannot be allowed anymore. The Minister said that the stock market had crossed the seventy thousand points barrier, which was a testimony that the economy was heading in the right direction. Ahsan Iqbal said Saudi Arabia and other Gulf-friendly countries were going to invest billions of dollars in Pakistan and urging overseas Pakistanis to play the role of 'sales agents' while staying there and fill the markets with Pakistani products. Source: Radio Pakistan

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PM lauds Army, Police for ensuring law and order during Eid

Prime Minister Muhammad Shehbaz Sharif has commended Pakistan Army and personnel of Police and other security agencies for ensuring law and order in the country on the occasion of Eid-ul-Fitr. In a statement, the Prime Minister was appreciative of steps taken by the officers and soldiers of Pakistan Army, the Inspector Generals of Police of the four provinces, the heads of the security agencies and the officers of the administration. He said the officers and personnel of the Pakistan Army and security agencies have rendered immense sacrifices for the establishment of law and order in the country. The Prime Minister said the entire nation salutes the officers and personnel of the Pakistan Army, Police, Security agencies and Administration who are assigned to perform their duties away from their loved ones on the occasion of Eid. Source: Radio Pakistan

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Pakistan, Kuwait reaffirm desire to strengthen bilateral ties

Kuwaiti Prime Minister Sheikh Mohammed Sabah al-Salem al-Sabah called Prime Minister Shehbaz Sharif and extended warm greetings to him on the auspicious occasion of Eid ul Fitr. During their conversation, Prime Minister Shehbaz Sharif thanked the leadership of Kuwait for their messages of felicitations on his re-election. He recalled the historically cordial and brotherly ties between Pakistan and Kuwait and reaffirmed Pakistan's resolve to further strengthen the bilateral relationship with a view to securing mutual benefit for the peoples of both countries. In this regard, the Prime Minister emphasized the need to enhance economic and trade ties between Pakistan and Kuwait and assured the Kuwaiti side that the successful and timely implementation of the agreements and MoUs signed by the two sides last year would be ensured. The two leaders also prayed for peace and prosperity of their two nations, unity among the ranks of the Ummah, and, most importantly, for an end to Israeli atrocities against the inno cent Palestinians in Gaza. The Kuwaiti Prime Minister conveyed his best wishes for the people of Pakistan and reaffirmed his country's desire to strengthen and deepen its cooperative partnership with Pakistan. Source: Radio Pakistan

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