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.

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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

Jordan denounces Israeli minister’s storming of Al-Aqsa Mosque

Jordan strongly condemned the storming of the Al-Aqsa Mosque/al-Haram al-Sharif compound on early Sunday by the Israeli national security minister, who was heavily protected by the Israeli occupation forces. Spokesman for the Ministry of Foreign Affairs and Expatriates Sinan Majali said in a statement that the storming of the Al-Aqsa Mosque and the violation of its sanctity by an Israeli cabinet member are condemned and provocative acts. They represent a blatant violation of international law, as well as the historical and legal status quo in Jerusalem and its holy sites, he added. Majali warned that the continued breaches and attacks on Islamic and Christian holy sites in Jerusalem, coupled with the unilateral measures of settlement expansion and the ongoing Israeli raids into occupied Palestinian territory, may lead to further escalation. He urged the international community to take swift and decisive action to put an end to these practices. Furthermore, he emphasized that the holy compound, which spans an area of 144 dunums, is exclusively a Muslim place of worship and that the Jerusalem and Al-Aqsa Mosque Affairs Department is the sole authority responsible for managing all affairs of the compound and organizing entry to it. In addition, he demanded that Israel, as the occupying power, immediately cease all efforts to alter the legal and historical status quo and impose spatial or temporal divisions.

Source: Jordan News Agency

May 21, 2023

Extremist Ben-Gvir leads settlers’ storming of Al-Aqsa Mosque

Dozens of Jewish extremist settlers, led by Israeli National Security Minister Itamar Ben-Gvir, on Sunday stormed the Al-Aqsa Mosque/ al-Haram al-Sharif compound in occupied East Jerusalem, under the heavy protection of Israeli escort. A statement by the General Islamic Endowments Department in Jerusalem said this is the second time that Ben-Gvir has stormed the holy shrine since taking his ministerial post in the far-right government in 2022. The settlers carried out today’s raids through al-Magharebah Gate in successive groups, toured the mosque’s yards, listened to explanations about the purported ‘Temple Mount’, and provocatively performed their Talmudic rituals in the eastern section of the compound, it added.

Source: Jordan News Agency

May 21, 2023

Jordan, Iraq talk fostering security cooperation

Interior Minister Mazen Al-Faraya late Saturday discussed with his Iraqi counterpart, Lt. Gen. Abdul Amir Al-Shammari ways of enhancing security cooperation. The talks also tackled means of facilitating the movement of people, vehicles and goods between the two countries, exchanging security and administrative expertise. During the visit, Al-Faraya is slated to hold meetings with a number of senior Iraqi officials

Source: Jordan News Agency

May 21, 2023

Celebration to mark International Museum Day in Petra

The Jordan Museum, in collaboration with the Jordanian Museums Association, hosted a celebration at the Petra Museum in Wadi Musa, southern Jordan, on the occasion of International Museum Day. The event, inaugurated by the Ministry of Culture under the theme “Quality of Life and Sustainability,” brought together museum enthusiasts, experts, and local community members to recognize the significance of museums in preserving cultural heritage. A debate session aimed at introducing a project named “Involving the Jordanian Youth Generation in Learning about Amman’s Past and Its Multiculturalism” was held during the event. The project’s goal was to engage young Jordanians in exploring Amman’s rich history and diverse legacy, which resulted in a comprehensive guide for museum education for school children, giving an interactive and immersive learning experience. Suleiman Ali Al-Farajat, the Chief Commissioner of the Petra Development and Tourism Region Authority (PDTRA), underscored the vital role museums play in nurturing national identity and fostering creative thinking among the youth. International Museum Day, approved by the International Council of Museums, is celebrated worldwide on May 18 each year. It serves as a reminder of the invaluable role that museums play in safeguarding tangible and intangible cultural heritage.

Source: Jordan News Agency