March 10, 2023

SIVB, SIVBP EQUITY ALERT: ROSEN, A LEADING LAW FIRM, Encourages SVB Financial Group Investors to Inquire About Securities Class Action Investigation – SIVB, SIVBP

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims and preparing a class action lawsuit on behalf of shareholders of SVB Financial Group (NASDAQ: SIVB, SIVBP) resulting from allegations that SVB may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased SVB 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=12882 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 8, 2023, after trading hours, SVB shocked the market when it announced that it planned to raise nearly $2 billion, and that it would take a $1.8 billion loss on the sale of $21 billion worth of securities. Amidst these losses, it was reported that SVB’s CEO, Greg Becker, had stated in a letter to investors, “while VC (venture capital) deployment has tracked our expectations, client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.” It was also reported that various venture capital funds, including Peter Thiel’s Founders Fund, had advised their portfolio companies to pull their money out of SVB accounts, triggering a run on SVB.

On this news, the price of SVB’s stock plummeted $161.79, or 60.41%, to close at $106.04 per share on March 9, 2023. SVB stock continued to fall by as much as 28% in after-hours trading.

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 8786015

March 10, 2023

Tia Lee Yu Fen, global C-pop star and fashion icon, dazzles at Moncler London Fashion Week Show

HONG KONG SAR – Media OutReach – 10 March 2023 – Tia Lee Yu Fen (李毓芬), the globally-renowned C-pop icon, made waves at the Moncler Spring 2023 collection show at London Fashion Week. The music star donned an elegant coat, paired perfectly with a suave pair of sunglasses to show off her confidence and style.

The bold and daring outfit was chosen as a nod to her advocacy for women’s empowerment – showcased in the six-episode animation series that preceded the launch of her smash hit new single “Goodbye Princess”. Committed to being the face of this new wave of women’s empowerment, she has also thrown her support behind four charities for women under her #EmpowerHer initiative. The initial charities are Beats By Girlz, Women in Music, Daughters Of Tomorrow and Teen’s Key.

Tia Lee at Moncler Genius FW23 show

Tia’s animation series attained over 100 million views, this created such a buss about “Goodbye Princess” (produced in conjunction with Grammy award-winning producer Swizz Beatz) that it was destined to become a global hit. What made “Goodbye Princess” more unique was that it marked the first time Swizz Beatz had worked on a Chinese song. He had previously focused on collaborations with the world’s most adored artists, such as Justin Bieber, Jay-Z and Madonna.

A subsequent remix of “Goodbye Princess” was released by Grammy award-winning female DJ duo NERVO, who have come on board as ambassadors of Tia’s #EmpowerHer campaign. The song racked up a colossal number of views as Tia became the fastest artist to break 100 million hits on YouTube within 20 days with a C-pop song.

With her appearance at London Fashion Week, Tia Lee further spoke to her own transformation and signalled that she wants other women to join her #EmpowerHer campaign.

About Tia Lee:

Tia Lee (李毓芬), is a global C-pop singer and international fashion icon. In addition to being an award-winning musician and setting the record for the fastest C-pop music video ever to achieve 100 million views, Tia frequently frequently at major fashion shows. As a trendsetter, Tia has graced the covers of fashion, beauty and lifestyle magazines such as Vogue, Elle, and Marie Claire, sharing her beauty and fashion tips through a number of Vogue’s social media channels.

Media enquiry:
global@redhill.asia

March 10, 2023

Zero Fees Return for Bybit’s USDC-Settled Crypto Options

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 10 March 2023 – Bybit, the world’s third most visited crypto exchange, today announced zero fees on all its options contracts to celebrate the launch of its Unified Trading Account (UTA).

As part of its goal to introduce the crypto community to next-level opportunities, Bybit now presents the most well-rounded and cost-effective crypto options in the market. Users can now use liquid USDT-perpetual products to offset the risks from options trading.

Starting on March 10, 2023, at 10AM UTC, VIP and institutional users who have upgraded to Bybit’s UTA can participate in the campaign and enjoy fee-free trading. Bybit’s blue chip options contracts (BTC, ETH, SOL) will all be included in this promotion.

Bybit’s UTA is designed to make trading easier by streamlining the experience across asset types with a single account. This allows investors to cross-collateralize between positions, diversify trades, and seamlessly switch between strategies without transferring assets manually.

When using UTA, clients will be able to leverage UTA’s upgraded portfolio margin by using USDT derivatives for added hedging capability, allowing them to mitigate risk when trading USDC options. This breakthrough will empower traders holding hedging USDC options and USDT perpetual positions to enjoy higher flexibility and more opportunities.

VIP and institutional clients will automatically enjoy zero fees for all options trades once they have upgraded to UTA. They will also be able to trade without fees for the campaign’s duration.

“We strive to provide our customers with more value and create better trading experiences,” said Hao Yang, head of options at Bybit. “Traversing the crypto space can be painstaking and time-consuming, and every second counts in a market that doesn’t sleep. At Bybit, we are dedicated to creating next-level products with the most competitive fees we can offer, and creating a transparent, inclusive platform that echoes crypto’s true calling.”

#Bybit / #NextLevelProducts

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

For more information please visit: https://www.bybit.com/

For updates, please follow: Bybit’s Communities and Social Media

https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
https://twitter.com/Bybit_Official
https://www.youtube.com/c/Bybit

For media inquiries, please contact: press@bybit.com

March 10, 2023

Bybit Takes VIP Program to the Next Level With Major Upgrades and Improvements

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 10 March 2023 – Bybit, the world’s third most visited crypto exchange, has revamped its VIP program to thank its loyal community for its continued support. The new program introduces expanded tiers and reduced requirements to help traders take greater advantage of the next level opportunities offered by Bybit’s powerful platform.

The new VIP program will expand the number of VIP tiers from three to five with a new “supreme VIP” tier. The trading volume requirement has also been adjusted across the tiers to make it easier for traders to reach higher levels and is significantly less than Binance and some other leading exchanges.

The asset balance to access Bybit’s VIP tiers two and three has been halved to $250K and $500K, respectively. And trading volume across spot and derivatives markets will be aggregated and taken into account when assigning access.

In the new system, maker and taker fees for derivatives can be as low as 0.00% and 0.03% creating more room for traders to benefit from Bybit’s next level products and institutional services. VIPs can also unlock bonus benefits such as their own account managers and private events and gifts.

Experienced traders will be able to switch to Bybit’s VIP program immediately using trading volume from other exchanges, without the need to build up their trading volume from scratch. Furthermore, VIPs from other exchanges will receive a higher level than before. For example, if their derivatives trading volume on another exchange was $70,000,000 (equivalent to Bybit VIP 3), they’ll get bumped up to VIP 4 on Bybit. Non-VIPs can still enjoy amazing perks through Bybit’s exclusive offers — like the 14-day free trial card and a special welcome gift when you deposit more than $50K.

Bybit devised the new program as part of its “listen, care, improve” philosophy after listening carefully to feedback from its community members and reflecting on how to best help them succeed. Bybit is in constant communication with its community and is always looking for ways to better help them increase their opportunities and earnings.

“Our mission at Bybit is to empower traders around the world by providing them with the tools they need to succeed in today’s fast-paced crypto market,” said Ben Zhou, co-founder and CEO of Bybit. “We believe that our revamped VIP Program is a significant step toward achieving this goal, and we look forward to continuing to innovate and improve for the benefit of our clients.”

#Bybit / #BybitListens / #NextLevelOpportunities

About Bybit

For more information please visit: https://www.bybit.com/

For updates, please follow: Bybit’s Communities and Social Media

For media inquiries, please contact: press@bybit.com

March 10, 2023

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Phathom Pharmaceuticals, Inc. Investors to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, March 09, 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 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 pkim@rosenlegal.com or cases@rosenlegal.com 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:

GlobeNewswire Distribution ID 8785649

March 10, 2023

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages G-III Apparel Group Ltd. Investors to Inquire About Securities Class Action Investigation – GIII

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of G-III Apparel Group Ltd. (NASDAQ: GIII) resulting from allegations that G-III may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased G-III 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=11207 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 December 1, 2022, G-III announced its third-quarter financial and operating results. Among other things, G-III reported that “higher inventory levels are due to our accelerated production calendar, which was in anticipation of longer supply chain lead times. Our inventory is comprised of current purchases and guided by our order book. During the quarter, the higher inventory levels caused logistical challenges within our distribution centers. This resulted in significant one-time charges in the third quarter, that were above our expectations, which adversely impacted our bottom line by approximately $0.40 per diluted share”.

On this news, G-III’s stock price fell $9.66 per share, or 44%, to close at $11.97 per share on December 1, 2022.

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/.

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Contact Information:

GlobeNewswire Distribution ID 8785621