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The Pakistan Industrial and Traders Associations Front (PIAF) has called upon the government to announce robust economic strategies, as the country has stuck in low economic growth situation, where double-digit policy rate for the last few years has diminished capacity to increase domestic production. PIAF Chairman Faheemur Rehman Saigol in a joint statement along with senior vice chairman Nasrullah Mughal and vice chairman Tahir Manzoor Chaudhary said that the government will have its work sharply cut out as far as the economic challenges are concerned. Coming at the back of fast-unfolding climate change crisis that pushed millions into poverty with little fiscal capacity of government to provide anywhere near close to what was needed in stimulus spending. Then there is acute debt distress, and inflation at the back of global aggregate supply shock, and accentuated by a world of rising conflicts, mainly in Ukraine, and the Middle East. The PIAF leaders emphasized that such transparency from the government is crucial, as the country has had trouble raising enough money to cover its expenses. Faheem Saigol said that the domestic investment at the moment is alarmingly low which has sent a negative signal to the potential foreign investors and now is the time that the federal government should give some patient hearing to the private sector calling. They said if the government was seriously desirous of having economic turnaround in the coming years it would have to do two things that are: an immediate freeze on domestic and foreign borrowing and secondly put in place a well-tailored strategy to show-case Pakistan’s potentials to the outer world. Tahir Manzoor Chaudhary said that even though Pakistan’s economic crisis is a recurring factor in the country’s political unrest, it has a history of ignoring the nation’s true issues, which include poor governance, a broken judicial system, outdated laws, complicated tax system, lack of transparency, duplication in the government system, ineffective bureaucracy, improper use of our human, natural and water resources, lack of efficient local government, inadequate data for country’s planning, and the consistent flaws in policies in execution by the government departments.
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Matthew Jaeger kicked a 34-yard field goal as time expired as Minnesota State Mankato scored 10 points in the final three minutes to rally for a 20-19 victory over Augustana on Saturday in Sioux Falls, S.D., in the first round of the NCAA Division II playoffs. The Mavericks had lost to NSIC rival Augustana three times in the past two seasons. It looked glum again Saturday as the Vikings took a 19-10 lead with 3 minutes, 11 seconds remaining on Jake Pecina’s fourth field goal of the game. Minnesota State started its next possession at its 12-yard line but drove 88 yards in seven plays, capped by Grant Guyett’s 33-yard TD catch from Hayden Ekern and Jaeger’s PAT to pull within 19-17 with 1:35 to play. The Mavericks’ Lorenzo Jones then recovered an onside kick near midfield. On third-and-4 from the Vikings 39-yard line, Ekern ran 16 yards for a first down at the Vikings 23 with 21 seconds to go. The Mavericks reached the 17-yard line before Jaeger’s final kick. Ekern passed for 175 yards and two TDs for the Mavericks, who lost to Augustana 34-16 on Oct. 26 in Mankato. Richard Agyekum and Joey Goettl each had interceptions which led to 10 points for the Mavericks. The Mavericks (9-3) will play at Colorado State Pueblo, which had a first-round bye, next week. Bemidji State 24, Angelo State 14: Connor Carver’s 59-yard TD run with just over two minutes remaining and Isaiah John’s interception with 51 seconds remaining helped the Beavers earn a first-round victory in San Angelo, Texas. The Beavers (9-3) will play the winner of Central Washington and Western Colorado in the second round. The Beavers led 17-7 early in the fourth quarter after a 47-yard field goal by Connor Mantelli, but the Rams (9-3) scored with six minutes remaining to pull with 17-14. Following Carver’s touchdown, the Rams drove to the Beavers’ 14-yard line, before Johnson’s interception in the end zone on third down. Carver finished with 114 rushing yards in eight carries. The Beavers, who were limited to 31 yards passing, rushed for 231 yards. Division III Bethel 31, Coe 26: The host Royals (9-2) withstood a fourth-quarter comeback by the Kohawks (9-2) and held on for a first-round victory. Bethel led 31-20 going into the fourth quarter before Coe scored with 61⁄2 minutes left to pull within 31-26. The Kohawks’ attempt for a two-point conversion failed. The Kohawks got the ball back with two minutes remaining, but they had to start from their own 3-yard line after a 37-yard punt by Will Eliason. They turned it over on downs with 1:35 to play. Aaron Ellingson’s three first-half touchdowns helped the Royals take a 21-20 halftime lead. Cooper Drews passed for 268 yards and a TD and ran for a TD and Ellingson rushed for 80 yards and two TDs and caught a TD pass for the Royals. Bethel (9-2) will play at Lake Forest (10-0), which had a first-round bye, in the second round. Wisconsin-La Crosse 59, Northwestern (St. Paul) 14: Kyle Haas passed for 257 yards and four touchdowns to lead the host Eagles to the first-round victory over the UMAC champions. Wisconsin-La Crosse (8-3) will play at top-seeded St. John’s, which had a first-round bye, next week. Haas four TD passes all came in the first half as the WIAC runner-up opened a 45-7 halftime lead. Caden Cantrell passed for 169 yards and a TD and Sivert Klefsaas rushed for 63 yards and a TD for Northwestern.UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York
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NEW ALBANY, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced a new multi-year, franchise partnership with Myntra Jabong India Private, Ltd., Myntra’s business-to-business wholesale entity (Myntra Jabong), to expand the global reach of its brands in India. Over the life of the franchise agreement, Myntra Jabong will build a brick-and-mortar retail store presence in the country, regional e-commerce sites and branded digital storefronts operated by a network of licensed and independent third parties. As one of India’s leading players in the fashion and lifestyle space, Myntra Jabong is well-positioned to help grow A&F Co.’s brands across the country and deliver a seamless, shopping experience. Fran Horowitz, Chief Executive Officer of Abercrombie & Fitch Co., said, “With the strength of A&F Co.’s brands today, we are thrilled to partner with Myntra Jabong to more deeply engage with new and existing customers in India. It’s an incredibly dynamic and diverse market, and one where we see tremendous long-term potential as we continue to pursue global brand growth.” She added, “Staying close to our customers and putting them at the center of everything we do has been the foundation of our transformation and the key to our success in recent years. In Myntra Jabong, we have found a like-minded partner whose expertise and capabilities will allow us to go to market with these same strategies in India.” Talking about the partnership, Nandita Sinha, Chief Executive Officer of Myntra, said , “We are delighted to bring the much-sought-after and iconic brands, Abercrombie & Fitch and Hollister, renowned for their commitment to enduring quality and exceptional comfort, to India, for our fashion-forward customers. We will apply Myntra's fashion and tech expertise to connect Abercrombie & Fitch and Hollister with the country's thriving fashion audience and help them scale as we have done with numerous other global brands. The Indian lifestyle market offers potential to global brands, and we are pleased to be their preferred partner in crafting their India growth journey.” Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This press release may contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements, including, without limitation, statements regarding our brands, distribution channels, and business partnerships, relate to our current assumptions, projections, and expectations about our business and future events. Any such forward-looking statements involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the company’s control. The inclusion of such information should not be regarded as a representation by the company, or any other person, that the objectives of the company will be achieved. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “should,” “are confident,” “will,” “could,” “outlook,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we assume no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Factors that may cause results to differ from those expressed in our forward-looking statements include, but are not limited to, the factors disclosed in Part I, Item 1A. “Risk Factors” of the company’s Annual Report on Form 10-K for the fiscal year ended February 3, 2024, and otherwise in our reports and filings with the Securities and Exchange Commission. About Abercrombie & Fitch Co. Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led, omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs. The company operates a family of brands, including Abercrombie & Fitch and Hollister, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates 750+ stores across North America, Europe, Asia and the Middle East, as well as the e-commerce sites abercrombie.com and HollisterCo.com . About Myntra Myntra is one of the leading platforms for fashion, beauty and lifestyle in India. An integral part of the Flipkart Group, Myntra brings together technology and fashion to create the best experience for millions of its customers. Myntra offers a wide range of over 9700 brands such as MANGO, H&M, Levi’s, U.S. Polo Assn., Tommy Hilfiger, Louis Philippe, Jack & Jones, Forever 21, Marks & Spencer, MAC, Huda Beauty and Estee Lauder. With a wide reach, Myntra services over 95% of the pincodes covering the length and breadth of the country. Myntra Jabong India Private limited is a wholesale entity of Myntra.None
Rico Carty, who played 15 seasons in the major leagues and won the 1970 National League batting title with the Atlanta Braves , has died at the age of 85. A family friend confirmed to Listín Diario, a newspaper in Carty's native Dominican Republic, that the former outfielder and first baseman died Saturday night in an Atlanta hospital. "Carty was one of the first groundbreaking Latino stars in the major leagues, and he established himself as a hero to millions in his native Dominican Republic, his hometown of San Pedro de Macoris, and the city of Atlanta, where he was a beloved fan favorite," the MLB Players' Association said in a statement . Carty was born in the Dominican baseball hotbed of San Pedro de Macoris, signing with the Milwaukee Braves and making his MLB debut in 1963. He finished second in the NL Rookie of the Year balloting the following season, hitting .330 with 22 home runs and 88 RBI. Follow every MLB game: Latest MLB scores, stats, schedules and standings. Carty's best season came in 1970, when he led the NL with a .366 batting average and .454 on-base percentage, with 25 homers and a career-high 101 RBI. He earned his only All-Star berth that year. "Few players in franchise history connected with Braves fans like Rico Carty," the team said in a statement posted on social media. "A fan-favorite almost instantly after the club arrived in Atlanta from Milwaukee in 1966, Rico left an indelible mark on the Braves organization." He was traded several times before his playing days were over and ended up playing for six different teams. He finished his career with a .299 average, 204 home runs and 890 RBI in 1,651 games. The USA TODAY app gets you to the heart of the news — fast . Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more .The 39-year-old takes charge for the first time in Sunday’s Premier League trip to promoted Ipswich having been confirmed as Erik ten Hag’s successor at the beginning of November. Amorim has made a positive impression since starting work at the United in an international fortnight that ended with an impressive first appearance in front of the media. The Portuguese was gregarious, engaging and smiley throughout Friday’s press conference but that warmth comes with a ruthlessness edge if players do not adhere to his approach. “You can be the same person,” head coach Amorim said. “Be a positive person that can understand this is one place to be, then there is the dressing room, there are some places to have fun, there are some places to work hard. “So, I can be ruthless when I have to be. If you think as a team, I will be the nicest guy you have ever seen. If there is someone just thinking about himself, I will be a different person. “I’m not that type of guy that wants to show that he is the boss. “They will feel it in the small details, that I can be the smiling one but then when we have a job to do I will be a different person, and they understand that.” ‘The Smiling One’ follows ‘the Special One’ as United’s second Portuguese manager, with Jose Mourinho one of five managers to try and fail to reach the heights scaled by Sir Alex Ferguson. The Scot retired as a Premier League champion in 2013 and the Red Devils have failed to launch a sustained title bid since adding that 20th top-flight crown. Asked about whether he will lean on Ferguson to understand the history of United and whether he has met him, Amorim said: “No, not yet. I didn’t have that opportunity. “It’s hard to copy someone, so I have to be me. Of course I’m not the best person in here to show the history of Manchester United. “It should be the club first and also me because I’m always paying attention on those details and try to focus our players in the history of the club, not the recent history. “You have to be very demanding. This is a club that needs to win, has to win, so we have to show that to our players but it’s a different time. “I cannot be the same guy that Sir Alex Ferguson was. It’s a different time. “I have to have a different approach, but I can also be demanding with a different approach, so that is my focus.” Like Ferguson in 1986, Amorim starts life at United in the November of a season that started with a paltry points tally. The 39-year-old acknowledges the timing makes “it’s so much harder” for him to imprint his style at a club whose youth foundations look in safe hands. “It’s the project of Manchester United,” Amorim said. “Nowadays, you need young guys, guys from the academy for everything. “To bring that history of the club because they feel the club in a different way. “And also because you have all these rules with financial fair play, when a player from our academy is so much different to the players that we bought and then we sell. “So, everything is connected. I will try to help all the players, especially the young ones.” Amorim’s first match will be a fascinating watch for onlookers, who have kept a particularly close eye on his work during his farewell to Sporting Lisbon. The Portuguese managed three final matches after being confirmed as United head coach, including a 4-1 Champions League win against Manchester City. Pep Guardiola’s side have dominated English football in recent years and the City boss this week signed a new deal until 2027. “I think it’s a problem for everybody here, but we have so much to do, we cannot focus on anyone,” Amorim said. “We just have to focus on our club, improve our club and not focus on the other clubs, so let’s focus on Manchester United. “It’s amazing (the test) – if you can beat that team it’s a good sign but, like I said, we are focused on Manchester United.”LOS ANGELES -- No. 6 Notre Dame took down No. 3 USC 74-61 in Los Angeles on Saturday afternoon. The Irish were led by star Hannah Hidalgo. who put on a clinic while leading the team with 24 points. The crowd at Galen Center included actor Michael B. Jordan, LA Sparks' Cameron and rapper Snoop Dogg – whose outfit was dedicated to USC star JuJu Watkins. Hidalgo got the first two buckets of the game and set the tone early. She had 16 points by halftime, helping the Fighting Irish enter the break with a 35-28 advantage. She kept her foot on the gas and opened the second half with a steal and a jumper. Hannah Hidalgo is a MENACE. This is how Notre Dame starts the second half against USC 👀🔥 pic.twitter.com/vEwQqbepM2 However, the Trojans were not going to just give this one away. Watkins had a quiet first two quarters with only five points, but she came alive in the third while trying to get something going for her team. Unfortunately of the Trojans, they couldn't maintain any success and did not get any closer in the third quarter. Then, the Irish started to pull away in the fourth and made it clear they were not going to be denied. Besides her 24 points, Hidalgo also contributed with six rebounds, eight assists and five steals. It was Hidalgo's 10th career game with at least 20 points, five rebounds, five assists and five steals, which is the most by a D-I player in the last 25 years, according to ESPN. Olivia Miles has been looking strong since her return from a knee injury, and she flirted with a triple-double, putting up 20 points, eight rebounds and seven assists. Watkins finished the day with 24 points, while Kiki Iriafen an Talia von Oelfhoffen contributed with 15 and 10 points, respectively. USC was playing without freshman Kennedy Smith , who underwent surgery and is out indefinitely. USC was ranked higher, but Notre Dame's stats ahead of this weekend showed this was not a team to overlook. The Fighting Irish arrived to Los Angeles with the second scoring offense in the nation, and Hidalgo with the fifth best average in points per game. Up next, Notre Dame (5-0) has another tough challenge on the road with a game against No. 19 TCU on Friday. Meanwhile, the Trojans (4-1) will try to bounce back when they take on Seton Hall on Wednesday in Palm Springs.
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VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is announcing that its Board of Directors has approved the voluntary delisting of its common shares (“American Lithium Shares”) from the Nasdaq Capital Market (“Nasdaq”) and the deregistration with the U.S. Securities and Exchange Commission (the “SEC”). American Lithium has notified Nasdaq of its intention to voluntarily delist the American Lithium Shares. The Company currently anticipates that it will file with the SEC a Form 25, Notification of Removal of Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to the delisting and deregistration on or about December 20, 2024, with the delisting of American Lithium Shares taking effect ten calendar days thereafter. As a result, the last trading day of the American Lithium Shares on the Nasdaq Capital Market will be December 27, 2024. The American Lithium Shares will continue their listing on the TSX Venture Exchange and the Frankfurt Stock Exchange. In addition, American Lithium has applied for the American Lithium Shares to be quoted on the OTCQX Markets in the United States, operated by OTC Markets Group Inc. The Company anticipates transferring their shares on to the OTCQX Best® Market immediately following the Nasdaq delist. American Lithium will continue to provide information to its shareholders and take such actions to enable a trading market in the American Lithium Shares to exist in the United States. Following satisfaction of the relevant deregistration conditions under the applicable U.S. federal securities laws, the Form 25 will also terminate the Company’s reporting obligations under the Exchange Act. The Company expects that its reporting obligations will be suspended upon filing of the Form 25. The Board of Directors of the Company believes that the decision to delist the American Lithium Shares from Nasdaq and to terminate its reporting obligations under the Exchange Act is in the best interest of the Company and its shareholders. The Board has determined that the burdens associated with operating as a company listed on the Nasdaq outweigh any advantages to the Company and its shareholders at this time. The Board’s decision was based on careful review of numerous factors, including the following: the ongoing direct and indirect costs of Exchange Act compliance and maintaining a continued listing of the American Lithium Shares on Nasdaq, including director and officer insurance premiums, audit fees, legal fees and regulatory fees, and the disproportionate impact of the foregoing costs on the Company’s results of operations; the significant burden on Management involved in the preparation of the Company’s public reports, shorter public reporting deadlines in Canada, and compliance with accounting and other requirements of the Exchange Act; the limited benefits to the Company and its unaffiliated shareholders from the Company’s status as a SEC reporting issuer in light of, among other things, the fact that due to market conditions, the low share price, market capitalization, lack of institutional interest and liquidity in the United States for the American Lithium Shares; the Company is not currently in a position to use its public Company status to issue meaningful amounts of equity securities in the United States or make acquisitions due to market conditions; and the opposition by many large shareholders to a share capital consolidation. American Lithium reserves the right, for any reason, to delay any of the filings described above, to withdraw them prior to effectiveness, and to otherwise change its plans in respect of delisting and deregistration and termination of its reporting obligations under applicable U.S. federal securities laws in any way. Completion of any listing on the OTCQX Markets remains subject to the satisfaction of customary listing conditions and regulatory approval, and there can be no assurance that the American Lithium Shares will be listed for trading on the OTCQX Markets. Ab out American Lithium American Lithium is developing two of the world’s largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada, the Falchani hard rock lithium project and the Macusani uranium deposit, both in southern Peru. All three projects have been through robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support. For more information, please contact the Company at info@americanlithiumcorp.com or visit our website at www.americanlithiumcorp.com . Follow us on Facebook , Twitter and LinkedIn . On behalf of the Board of Directors of American Lithium Corp. “Alex Tsakumis” Interim CEO Tel: 604 428 6128 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Cautionary Statement Regarding Forward Looking Information This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the business plans, expectations and objectives of American Lithium ; the voluntary delisting of the American Lithium Shares from the Nasdaq Capital Market; the deregistration with the SEC; the quotation on the OTC Markets in the United States; and continued listing on the TSX Venture Exchange. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend", “indicate”, “scheduled”, “target”, “goal”, “potential”, “subject”, “efforts”, “option” and similar words, or the negative connotations thereof, referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management and are not, and cannot be, a guarantee of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium’s ability to achieve its stated goals, which could have a material adverse impact on many aspects of American Lithium’s businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium’s ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium’s potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium’s shares and could negatively affect American Lithium’s ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on October 15, 2024, and in recent securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. Cautionary Note Regarding 32 Concessions Thirty-two of the one-hundred-seventy-four concessions comprising the Falchani and Macusani Projects are currently subject to Administrative and Judicial processes in Peru to overturn resolutions issued by INGEMMET and the Mining Council of MINEM in February 2019 and July 2019, respectively, which declared title to thirty-two concessions invalid due to late receipt of the annual validity payments. On November 2, 2021, American Lithium was awarded a favorable ruling in regard to title to the concessions, but on November 26, 2021, appeals of the judicial ruling were lodged by INGEMMET and MINEM. A three-judge tribunal of Peru’s Superior Court unanimously upheld the ruling in a decision reported in November 2023. American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings. Given the precedent of the original ruling it is hoped that the Supreme Court will not assume jurisdiction; however, there is no assurance of the outcome at this time.SAN DIEGO , Dec. 10, 2024 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired PACS Group, Inc. (NYSE: PACS) (a) common stock in connection with the Company's April 11, 2024 initial public offering ("IPO"), or (b) securities between April 11, 2024 and November 5, 2024 . PACS Group, through its subsidiaries, operates senior care facilities, skilled nursing facilities, and assisted living facilities in the United States . For more information, submit a form , email attorney Aaron Dumas, Jr. , or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that PACS Group, Inc. (PACS) Misled Investors Regarding its Reimbursement and Referral Practices According to the complaint, during the class period, defendants failed to disclose to investors: (1) that the Company engaged in a "scheme" to submit false Medicare claims which "drove more than 100% of PACS' operating and net income from 2020 – 2023"; (2) that the Company engaged in a "scheme" to "bill thousands of unnecessary respiratory and sensory integration therapies to Medicare"; and (3) that the Company engaged in a scheme to falsify documentation related to licensure and staffing. Plaintiff alleges that on November 4, 2024 , Hindenburg Research published a report containing allegations to support these contentions. On this news, the Company's share price fell $11.93 , or over 27%, to close at $31.01 per share on November 4, 2024 . Plaintiff further alleges that on November 6, 2024 , the Company announced that it would postpone its fiscal third quarter 2024 earnings release. The Company further disclosed it had "received civil investigative demands from the federal government regarding the Company's reimbursement and referral practices that may or may not be related to this week's third-party report." On this news, the Company's share price fell $11.45 or 38.76%, to close at $18.09 per share on November 6 , 2024. By the commencement of this action, PACS Group stock has traded as low as $18.09 per share, a more than 13.9% decline from the $21 per share IPO price. What Now : You may be eligible to participate in the class action against PACS Group, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 13, 2025 . A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against PACS Group, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. View original content to download multimedia: https://www.prnewswire.com/news-releases/pacs-stockholders-with-large-losses-should-contact-shareholder-rights-law-firm-robbins-llp-for-information-about-the-pacs-group-inc-class-action-302328211.html SOURCE Robbins LLPDALLAS (AP) — Willy Adames and San Francisco finalized a $182 million, seven-year contract on Tuesday, providing the Giants with a power-hitting shortstop in the prime of his career. It’s a big splash by the Giants’ new-look front office, which is now led by former All-Star catcher Buster Posey , who took over in September after Farhan Zaidi was fired. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week