Day: June 30, 2023

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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Funko, Inc. Investors with Losses in Excess of $50K to Secure Counsel Before Important Deadline in Securities Class Action – FNKO

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Funko, Inc. (NASDAQ: FNKO) between May 6, 2022 and March 1, 2023, both dates inclusive (the “Class Period”), of the important August 1, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Funko 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 Funko class action, go to https://rosenlegal.com/submit-form/?case_id=16840 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. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2023. 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 handle 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, defendants made false and/or misleading statements regarding the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Funko was experiencing significantly larger delays in implementing its enterprise resource planning (ERP) software than it was disclosing to investors; (2) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (3) Funko’s inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko’s EBITDA margin. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Funko class action, go to https://rosenlegal.com/submit-form/?case_id=16840   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.

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.

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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 8867128

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Summer-like weather to prevail over the weekend: JMD

Weather on Friday is expected to be sunny, with moderate temperatures in the mountainous heights and plains, and relatively hot to hot in the rest of the regions, and the northwesterly moderate winds will be brisk at times. On Saturday, temperatures are expected to rise, and the weather will be relatively warmer, according to a Jordanians Meteorological Department (JMD) report. On Sunday, the weather will remain warm in the mountainous heights and plains, and hot in the desert, the Jordan Valley, the Dead Sea and Aqaba. Today’s peak temperatures will range between 31 and 27 degrees Celsius in Amman and various highlands throughout the Kingdom with lows of 16 degrees in the southern highlands at night. The Gulf city of Aqaba will have warmer weather, with highs of 39C and lows of 24C.

Source: Jordan News Agency

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UK assumes UN Security Council presidency for July

The United Kingdom, as of Saturday, will assume the rotating presidency of the UN Security Council for the month of July, succeeding the United Arab Emirates. The UK Permanent Representative to the United Nations, Ambassador Barbara Woodward, will hold a press conference on Saturday evening to brief accredited press on the Council’s work program after approving it by the Security Council in the morning session of the same day. The Council consists of 15 countries, each with one vote, five of which are permanent members, and have the right to veto and they are: the United Kingdom, Russia, China, France, and the United States of America, and ten non-permanent member states elected for two years by the General Assembly and they are: United Arab Emirates, Switzerland, Mozambique, Malta, Japan, Ecuador, Gabon, Brazil, Ghana, and Albania. The Security Council is one of the six main bodies of the United Nations, which includes the Secretariat, the General Assembly and the International Court of Justice, in addition to the Trusteeship Council and the Economic and Social Council.

Source: Jordan News Agency

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Non-Arab Asian countries tops list of Jordan trading partners

Non-Arab Asian countries topped the list of trading partners and economic blocs in the first third of this year in terms of national exports, with a rate of 8.6 per cent. The value of the Kingdom’s exports to non-Arab Asian countries amounted to about JD825 million in the first third of this year, compared to about JD760 million for the same period last year, according to foreign trade data issued by the Department of Statistics (DOS). The value of national exports to the countries of the Greater Arab Free Trade Area (GAFTA) grew by 1 per cent in the first third of this year, to reach about JD812 million, compared to about JD803 million for the same period last year. The volume of Jordanian exports to the North American Free Trade Agreement countries increased by 2.6 per cent in the first third of this year, reaching nearly JD637 million dinars, compared to JD621 million for the same period last year. As for the volume of Jordanian exports to the European Union countries, they grew by 3.1 per cent in the first third of this year, to reach about JD95 million, compared to the same period last year, which amounted to about JD93 million. The volume of national exports to the rest of the economic blocs increased by 3.6 per cent until the end of April of this year, to reach about JD313 million, compared to JD302 million for the same period last year. Jordanian exports grew with various trading partners and economic blocs in the first third of this year, reaching JD2.682 billion, compared to JD2.579 billion for the same period last year.

Source: Jordan News Agency

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Gov’t lowers gasoline, diesel prices for July

The government on Friday decided to lower the prices of oil derivatives, including gasoline and diesel, while maintaining the price of kerosene and gas cylinders for July. The government’s decision, which goes into effect on July 1, was taken in accordance with recommendations by the Energy Ministry’s Fuel Pricing Committee, which convened on Friday. The cost of 1 litre of unleaded 90-octane gasoline will be sold at JD0.895, down from JD0.900. A litre of unleaded 95-octane gasoline will sell for JD0.1135, down from JD1.140. Diesel will be sold at JD0.675 per litre, down from JD0.715. Prices of kerosene and gas cylinders will remain unchanged for July at JD0.620, and JD7 respectively. When applying the price equation, according to international prices, on all oil derivatives, the committee found that the price of unleaded 90-octane gasoline decreased by 5 fils per liter, the price of unleaded 95-octane gasoline decreased by 5 fils per liter, and the price of diesel decreased by 40 fils per liter.

Source: Jordan News Agency