May 21, 2023

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Texas Capital Bancshares, Inc. Investors to Inquire About Securities Class Action Investigation – TCBI

NEW YORK, May 20, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) resulting from allegations that Texas Capital may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Texas Capital 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=2747 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.

WHAT IS THIS ABOUT: On March, 29, 2021, shares of Texas Capital stock dropped 13% on unusually heavy trading volume as prime brokers associated with now-defunct family office, Archegos Capital Management, unwound large U.S. stock positions linked to the fund.

A Bloomberg article published on November 16, 2021 detailed how Archegos built up a previously undisclosed position equal to 20% of Texas Capital prior to the margin calls that forced Archegos’ liquidation. According to the article, Texas Capital was aware of the large position held by Archegos while it raised additional capital from investors in February 2021.

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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8843405

May 21, 2023

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, May 20, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Cavco 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=7555 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.

WHAT IS THIS ABOUT: On November 8, 2018, Cavco revealed in an SEC filing that it had “received a subpoena from the SEC’s Division of Enforcement requesting certain documents relating to, among other items, trading in the stock of another public company.” On this news, Cavco share price fell $49.48 per share, or over 23%, to close at $165.20 per share on November 9, 2018.

On February 4, 2019, Cavco revealed that it had received requests for additional documents. Cavco further disclosed that it spent, and expected to spend, millions of dollars on legal and insurance expenses in relation to the SEC’s subpoenas and Cavco’s independent investigation into the matter. On this news, Cavco’s share price fell $26.92 per share, or about 16.7%, to close at $134.37 per share on February 5, 2019.

On September 2, 2021, the SEC filed a complaint against Cavco, former CEO Joseph Stegmayer, and former CFO and Chief Compliance Officer Daniel Urness. The SEC complaint alleged that Stegmayer and Urness caused Cavco to purchase shares of publicly traded companies on material non-public information. On this news, Cavco’s share price fell $6.59 per share, or about 2.5%, to close at $252.48 per share on September 3, 2021.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

Contact Information:

GlobeNewswire Distribution ID 8843404

May 21, 2023

Al Arabi Signs Egyptian Duo Abdulrahman Faisal, Ahmed Adel ahead of Amir Handball Cup Quarter-Finals

Al Arabi SC signed the duo Abdulrahman Faisal and Ahmed Adel on loan ahead of Tuesday’s quarter-final showdown against Al Duhail in HH the Amir Handball Cup 2023.

Al Arabi, who finished fifth in the Qatar Handball league, hope the Egyptian international duo may make a difference against champions Al Duhail.

The new signings helped Egypt’s Al Ahly to claim this season’s Egypt Cup and the Egyptian League titles, as well as the African Handball Super Cup.

Al Arabi won the Amir Cup trophy twice in 2018/2019 and 2020/2021.

Source: Qatar News Agency

May 21, 2023

Two Pilots Killed after Military Helicopter Crashed in Northern Afghanistan

Two pilots were killed today after a military helicopter crashed in northern Afghanistan.

The helicopter of the Afghan air force (MD- 530) crashed after colliding with a high-voltage power line. It was flying from the airport of Mazar-i-Sharif to Samangan province.

Last March, nine people, including a pilot and five members of the Afghan security forces, were killed when an Afghan army helicopter crashed in Maidan Wardak province, central Afghanistan.

Source: Qatar News Agency

May 21, 2023

MoPH Announces Implementation of National STEPwise Survey on Non-Communicable Diseases

The Ministry of Public Health (MoPH) announced the start of the implementation of the National STEPwise Survey 2023 for non-communicable diseases (NCDs) and their common risk factors from May 25, 2023.

The STEPwise survey is a standardized survey developed by World Health Organization (WHO) and will be carried out in collaboration with the Planning &amp; Statistics Authority (PSA), Hamad Medical Corporation (HMC), and the Primary Health Care Corporation (PHCC).

The survey is a second cycle of STEPwise surveys, as a follow-up to the 2012 survey, to provide a database on chronic non-communicable diseases and their related risk factors in the state of Qatar such as tobacco use, lack of physical activity, unhealthy nutrition, obesity, hypertension, increased blood glucose and increased blood fat. It will enable the MOPH to develop National Action plans, within the National Health Strategy, for controlling these diseases and their risk factors.

The survey will be carried out by visiting more than 8500 homes of Qatari nationals and non-Qatari residents after a random sample is selected from household lists, based on the Population Census, 2020. The participants of the survey will be in the age group between 15 and 69 Years, randomly selected from these selected households.

The survey is conducted by field teams visiting the homes of the families participating in the survey during its implementation period, during weekdays except for Friday, as visits are carried out from Sunday to Thursday between 4 PM and 9 PM, and on Saturdays between 9 AM and 2 PM.

The well-trained data collection teams will conduct visits and a questionnaire will be filled out on common risk factors for chronic non-communicable diseases including tobacco use, fruit and vegetable consumption, physical activity as well as physical measurements, such as height, weight, and waist circumference. Urine Samples will be collected for urinary sodium and creatinine. The Blood tests for Blood glucose and lipids by Finger prick method will be conducted on the second visit to the household.

MoPH Director of Public Health Department, Sheikh Dr. Mohammed bin Hamad Al-Thani, said, “Qatar recognizes the impact of NCDs and reaffirms its commitment to tackling them and their related risk factors. The survey data will serve as evidence-based information for formulating action plans under the National Health strategy for tackling NCDs and for monitoring the prevalence of risk factors.” Nasser Saleh Almohdi, Director of the Census Department, PSA, stressed the importance of joint cooperation between different government institutions in the fields of health research. He added that compiling the most updated and scientifically accurate data for NCDs and their risk factors is a vital national task, the findings of which will help in improving health services to the community.

Dr. Kholoud Ateeq Al Motawaa, Head of the NCD Department at MOPH and National Team lead for the STEPwise survey explained that this survey is important because it provides an opportunity for international comparisons and highlights the health needs related to NCDs in the country. The results of this study will be used to assist the Ministry of Public Health develop public health programs that target efforts to lower the risk factors that lead to NCDs.

The Ministry of Public Health calls to fully cooperate with the fieldwork teams conducting the survey, who have identification cards for the survey, and provide them with all the information required including blood and urine tests to complete the survey as fast as possible. The Ministry of Public Health affirms the confidentiality of the information.

Source: Qatar News Agency