ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Vicor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – VICR

NEW YORK, Aug. 24, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Vicor Corporation (NASDAQ: VICR) between April 26, 2023 and February 22, 2024, both dates inclusive (the “Class Period”), of the important September 23, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Vicor 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 Vicor class action, go to https://rosenlegal.com/submit-form/?case_id=27447 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 September 23, 2024. 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: According to the lawsuit, during the Class Period, defendants created the false and/or materially misleading impression that Vicor had secured a significant deal for its H100 product that, according to analysts, was Nvidia Corporation. These statements proved incorrect when first, on October 24, 2023, Vicor conspicuously failed to discuss the deal and then later, on February 22, 2024, when the Company issued a press release announcing its end of year earnings and flagged a sharp reversal in new contracts and sales. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Vicor class action, go to https://rosenlegal.com/submit-form/?case_id=27447 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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.

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 9219823

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Vicor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – VICR

NEW YORK, Aug. 24, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Vicor Corporation (NASDAQ: VICR) between April 26, 2023 and February 22, 2024, both dates inclusive (the “Class Period”), of the important September 23, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Vicor 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 Vicor class action, go to https://rosenlegal.com/submit-form/?case_id=27447 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 September 23, 2024. 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: According to the lawsuit, during the Class Period, defendants created the false and/or materially misleading impression that Vicor had secured a significant deal for its H100 product that, according to analysts, was Nvidia Corporation. These statements proved incorrect when first, on October 24, 2023, Vicor conspicuously failed to discuss the deal and then later, on February 22, 2024, when the Company issued a press release announcing its end of year earnings and flagged a sharp reversal in new contracts and sales. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Vicor class action, go to https://rosenlegal.com/submit-form/?case_id=27447 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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.

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 9219823

Resistance: We launched an attack in revenge for the martyrdom of Fuad Shukr


Preliminary Statement issued by the Islamic Resistance in Lebanon:

{Indeed, We will surely take retribution upon the criminals.}

On the occasion of the 40 Days [Al-Arbaeen] of Imam Hussein ibn Ali, peace be upon them, the master of martyrs, leader of the free, and symbol of sacrifice, selflessness, and dignity, at the dawn of this Sunday, August 25, 2024, and in response to the Zionist aggression on the southern suburbs of Beirut that resulted in the martyrdom of the great fighting leader Sayyed Fouad Shukr, may Allah have mercy on him, and several of our dear ones, including women and children, the Islamic Resistance fighters launched an aerial operation with numerous drones targeting deep into Zionist territory and an “Israeli” military objective, which will be announced later. Simultaneously, the Islamic Resistance fighters targeted several enemy positions, barracks, and Iron Dome batteries in northern occupied Palestine with a large number of missiles.

These military operations will take some time to c
omplete, after which a detailed statement regarding the progress and objectives will be issued, God willing.

The Islamic Resistance in Lebanon is currently at its highest level of readiness and will stand firmly and vigilantly against any Zionist violation or attack, especially if civilians are harmed. The punishment will be severe and very harsh.

Source: National News Agency – Lebanon

Al-Hakim and Larijani discuss developments in the political scene in the region and relations between Iraq and Iran

The head of the National Wisdom Movement, Ammar al-Hakim, met this evening with the former Speaker of the Iranian Parliament, Dr. Ali Larijani.

A statement by al-Hakim’s office stated that the two sides exchanged talk about the impact of the Arbaeen visit on the Iraqi and Iranian peoples and the peoples of the region, as al-Hakim indicated that Arbaeen is a ritual with its humanitarian, social and reform dimensions, and praised the efforts of Iraq, its religious authority, people, government, social activities and Husseini processions in hosting and caring for millions of visitors.

It added: The developments of the political scene in the region and the bilateral relations between Iraq and the Islamic Republic of Iran were discussed, and they praised the steadfastness of the Palestinian people, as Al-Hakim called for stopping the war in Gaza and providing relief to the displaced and returning them to their homes, and he held the international community responsible for stopping the war and warned of its reper
cussions on the region and the world.

Source: National Iraqi News Agency

Mikati receives a call from British Foreign Secretary, with joint emphasis on preventing the situation from getting out of hand


Prime Minister Najib Mikati received a call this evening from British Foreign Secretary David Lammy during which they discussed the latest developments and the situation in southern Lebanon.

Both men jointly emphasized the priority of ending tensions to prevent the situation from spiraling into an all-out war.

PM Mikati stressed that “the key to a solution lies in implementing international resolutions and obligating Israel to stop its ongoing violations and aggressions.”

Source: National News Agency – Lebanon

Trump comments on Israel’s preemptive attack on Lebanon and Hezbollah’s revenge for the assassination of its leader Shukr

Republican US presidential candidate Donald Trump said that “bombs are falling everywhere in the Middle East, so who is negotiating on our behalf there?”.

Trump pointed out that “US President Joe Biden is spending a vacation in California and his deputy Kamala Harris is busy with her election campaign.”

He said, “Let’s not witness a third world war because that’s where things are heading.”

The Israeli army announced at dawn on Sunday a “preemptive attack” against Hezbollah, and Lebanese and Israeli sources confirmed that the Israeli army carried out more than 40 raids on areas in southern Lebanon.

Hezbollah announced that it had fired 320 rockets in the first phase of the attack to facilitate the passage of the offensive drones towards their target, targeting 11 Israeli sites and barracks, stressing that its drones had crossed as planned, in retaliation for Israel’s assassination of Fouad Shukr, the party’s senior military leader. Later, Hezbollah denied in a statement the Israeli allegations of thwarting
its military operations, stressing that they were inconsistent with the facts on the ground.

Source: National Iraqi News Agency

Sayyed Nasrallah: Operation ‘Arbaeen Day’ Achieved Goals, Israeli Preemptive Action Claims Mere Lies


Hezbollah Secretary General Sayyed Hasan Nasrallah revealed on Sunday details of the resistance’s recent powerful operation, warning that they will evaluate the Israeli concealment of today’s events, considering the response complete if satisfactory; otherwise, Hezbollah reserves the right to respond later.

In a powerful speech which was announced to be delivered only Sunday morning in Hezbollah’s statement, Sayyed Nasrallah emphasized the resistance’s determination to respond to the aggression on the southern suburbs of Beirut and the martyrdom of Military Commander Sayyed Fuad Shokr and several civilians, highlighting that the resistance had been prepared to respond from the first day of Sayyed Mohsen’s martyrdom, noting that the response is an integral part of the punishment.

His eminence explained that the resistance needed time to evaluate whether the response should be coordinated across the entire axis or handled by individual fronts. They also waited to allow negotiations a chance, aiming to halt th
e aggression against Gaza. He pointed out that the negotiations have been protracted, with [Israeli Prime Minister Benjamin] Netanyahu imposing new conditions on the resistance in Gaza.

‘The delay in the operation was caused by American and Israeli mobilization, and this delay also served as a form of punishment for the enemy. We delayed our response to allow sufficient time for the ongoing negotiations concerning Gaza,’ Sayyed Nasrallah said.

Announcing the name of the large-scale military operation as ‘Operation Arbaeen Day’ to commemorate its occurrence on this significant day, which holds profound historical importance, Sayyed Nasrallah outlined the criteria for the response, stating that it should not target civilians or infrastructure but rather focus on military targets related to the assassination operation, such as intelligence bases or air force facilities. Targets were to be situated very close to Tel Aviv.

‘We established guidelines for our response, ensuring that targets would not be civilians
or enemy infrastructure, but rather military sites directly linked to the assassination operation.’

Among the identified targets was the ‘Galilot’ base, a central intelligence base housing Unit 8200, located 11 kilometers from the Lebanese border and only 1,500 meters from Tel Aviv. ‘We have identified the ‘Galilot’ base as a primary target for Operation Arbaeen Day. This base houses Unit 8200, which specializes in intelligence gathering, eavesdropping, and espionage. It is situated 110 kilometers from the Lebanese border and just 1,500 meters from the border of Tel Aviv,’ the S.G. pointed.

The ‘Ein Shemya’ base, 75 kilometers from Lebanon and 40 kilometers from Tel Aviv, was also within the targeting circle, he said. The resistance planned to launch 300 Katyusha rockets and targeted drone sites to exhaust the Iron Dome and interceptor missiles, allowing drones to cross their intended targets, he explained further.

‘The plan was to launch 300 Katyusha rockets and disperse them across various sites. This nu
mber was deemed sufficient to overwhelm the Iron Dome and its interceptor missiles for several minutes, allowing the drones to proceed,’ Sayyed Nasrallah said, adding: ‘No resistance platforms were hit before the operation began. The resistance successfully launched 340 missiles, and all drone sites deployed their drones despite the raids. Remarkably, no site was damaged, either before or after the operation.’

Sayyed Nasrallah disclosed that the operation was scheduled for the Arbaeen of Imam Hussein (PBUH) and commenced at 5:15 AM after the dawn prayer. This operation marked the first-time drones were launched from the Bekaa region, successfully crossing the occupied Palestinian borders despite the long distance, he said.

‘Our data suggests that a substantial number of drones successfully reached the two specified targets; however, as usual, the enemy is keeping this information confidential,’ Hezbollah’s leader identified.

His eminence confirmed that no launch pads or drone sites were hit before or after
the operation. He highlighted the primary targets: the ‘Aman’ military intelligence base and the ‘8200’ unit in Galilot, as well as the air defense base in Ein Shemya. He noted that a significant number of drones reached these targets, though the enemy is keeping this information secret. Despite launching 340 missiles, the enemy did not manage to thwart the operation. ‘If there were any casualties in Nahariya, Acre, or other locations, they were caused by Israeli interceptor missiles,’ he further added.

Criticizing the Zionist narrative about the event, Sayyed Nasrallah described it as full of lies that reflect the entity’s weakness. ‘The enemy’s claim that it targeted ballistic missiles prepared to strike Tel Aviv is false,’ he said. He also clarified that Hezbollah’s strategic and precision missiles were not used in this operation but remain intact, as the valleys thought to contain missile platforms had been evacuated previously.

”Israel’ falsely claimed to have destroyed our strategic missiles, despite
knowing that we have not used them yet and may do so in the future,’ the secretary general said, further stating that Hezbollah’s fighters had already evacuated all the valleys containing precision and ballistic missiles, so what the enemy bombed today were empty valleys. ‘The drone sites were not hit, and the missile launch pads fired their missiles without being damaged in the pre-raids,’ he indicated.

Sayyed Nasrallah further noted that the enemy began raids half an hour before the operation due to the movement of the Mujahideen, not from intelligence information. ‘The enemy initiated the raids half an hour before the resistance operation, sensing the movement of the Mujahideen rather than acting based on intelligence information.’

He characterized the enemy’s actions as an intelligence failure and a failure in preemptive operations. ‘The enemy is claiming hundreds of raids, but in reality, they only hit two missile launch pads. What occurred was an act of aggression, not a preemptive action, and it had
no impact on our operation today or on our Mujahideen.’

‘We are confronted with an Israeli narrative filled with falsehoods and intelligence failures; in contrast, our military operation was executed exactly as planned, despite all the challenging circumstances,’ he said.

Sayyed Nasrallah praised the resistance for its courage in carrying out the operation, despite the enemy’s efforts to shut down Tel Aviv and its airports. He stated that this was the first major operation undertaken without the late Sayyed Fouad, emphasizing that it was executed flawlessly. ‘This is the first major operation the resistance has undertaken without a great leader like Sayyed Fuad Shokr, yet we believe that the spirits of our martyred leaders are with us, supporting and guiding us.’

The response has set a new equation, demonstrating that the resistance remains formidable. ‘Today, we witnessed a scene that vividly demonstrates the courage of the resistance and its supporters, who acted boldly despite all the American and Weste
rn intimidation,’ he said.

‘We disrupted the Israeli entity with Katyusha rockets; imagine the impact if we had launched even other rockets,’ Sayyed Nasrallah went on to say in his today’s powerful speech.

On the impact of today’s retaliation to the Israeli assassination of Sayyed Fuad Shokr, Sayyed Nasrallah threatened: ‘We will assess the outcome of the Israeli concealment of today’s events; if the result is satisfactory, we will consider the response process complete, if it falls short, we will reserve the right to respond at a later time.’

‘At this stage, Lebanon can rest assured, as the enemy has announced that today’s events are concluded,’ he said.

Looking ahead, Sayyed Nasrallah outlined the next stages of the operation, including further targeting and evaluating the results of the enemy’s concealment of the events. He assured continued support for Gaza and Palestine, regardless of the challenges and sacrifices. ‘Any hopes of silencing the support fronts, especially the Lebanese front, will fail;
we will continue to support Gaza, regardless of the sacrifices involved.’

The charismatic leader ended his historic speech with a warning to the Israeli enemy: The enemy must understand and be very cautious about the nature of Lebanon and the strategic changes occurring. Lebanon is no longer weak and can no longer be subdued easily, there may come a day when we invade you with a musical band! Referring to a famous statement in the 1970s by Israeli military leader Moshe Dayan, who said then that the musical band in the Israeli army can invade and occupy Lebanon.

Sayyed Nasrallah began his speech by expressing gratitude to the Iraqi government and people for their hospitality during the Arbaeen of Imam Hussein (PBUH), acknowledging their generosity. He also extended condolences to the Lebanese people on the passing of Prime Minister Salim al-Hoss, recognizing him as a symbol of resistance and patriotism. He also thanked the resistance fighters for their steadfastness and dedication.

Early Sunday, the Islamic
Resistance in Lebanon announced its initial response to the martyrdom of the esteemed jihadi leader Sayyed Fuad Shokr, who was targeted by Israeli occupation aircraft on Tuesday, August 30, 2024. The attacks also resulted in the deaths of several civilians, including women and children.

Source: National News Agency – Lebanon

A ministerial amendment in Kuwait stipulates the appointment of 4 new Ministers to the government

The Kuwaiti authorities issued an Amiri decree today, Sunday, stipulating the amendment of the appointment of a number of Ministers and the appointment of other Ministers in the government of Sheikh Ahmed Al-Abdullah.

In accordance with Amiri Decree No. 140 of 2024 in Kuwait amending the cabinet – after reviewing the Constitution, the Amiri Order issued on 2 Dhu al-Qi’dah 1445 AH corresponding to May 10, 2024 AD, the Amiri Order issued on 6 Shawwal 1445 AH corresponding to April 15, 2024 AD appointing the Prime Minister, and Decree No. 73 of 2024 forming the ministry, and based on the proposal of the Prime Minister, the following is decided:

Article One: The appointment of each of the following names mentioned in Decree No. 73 of 2024 referred to shall be amended as follows:

1 – Abdulrahman Badah Abdulrahman Al-Mutairi as Minister of Information and Culture and Minister of State for Youth Affairs.

2 – Dr. Noura Muhammad Khalid Al-Mishaan as Minister of Public Works.

3 – Omar Saud Abdulaziz Al-Omar as Min
ister of State for Communications Affairs.

4 – Dr. Mahmoud Abdulaziz Mahmoud Bushehri as Minister of Electricity, Water and Renewable Energy.

5 – Dr. Amthal Hadi Haif Al-Huwailah, Minister of Social Affairs, Family and Childhood Affairs.

Article Two: The following are appointed:

1 – Khalifa Abdullah Dhahi Al-Ajil Al-Askar, Minister of Trade and Industry.

2 – Abdul Latif Hamed Hamad Al-Mishari, Minister of State for Municipal Affairs and Minister of State for Housing Affairs.

3 – Dr. Nader Abdullah Mohammed Al-Jalal, Minister of Higher Education and Scientific Research and Acting Minister of Education.

4 – Noura Suleiman Salem Al-Fassam, Minister of Finance and Minister of State for Economic Affairs and Investment.

Source: National Iraqi News Agency

Official mourning for the passing of former PM Salim al-Hoss


Prime Minister Najib Mikati issued a memorandum this evening, declaring official mourning for the passing of former PM Salim al-Hoss.

The statement said: “Official mourning is declared for the passing of former Prime Minister, Dr. Salim al-Hoss, who passed away on Sunday, August 25, 2024,” adding that “the Lebanese flag will be at half-mast in all official departments, institutions, and municipalities in mourning for three days, starting tomorrow, Monday, until Wednesday, August 28, 2024, inclusive, and regular programs on radio and television stations will be modified accordingly.”

Source: National News Agency – Lebanon

A member of the Nineveh Council criticizes figures from Nineveh who have accepted to represent political blocs alien to the province

A member of the Nineveh Provincial Council for the city of Mosul, Abdullah al-Nujaifi, criticized political figures in Nineveh / he did not name them / saying that they accepted to represent political blocs alien to the province.

Al-Nujaifi told the Iraqi National News Agency /NINA/ that “figures in Nineveh represent figures and political forces led by people, I refuse and do not accept for myself to make them walk behind me, and I wonder how those figures allow these forces to lead them in Nineveh.?”

Source: National Iraqi News Agency