Rich countries' promise of $300 billion a year in climate finance brought fury at talks in Baku from poor nations that found it too paltry, but it also shows a shift in global political realities. The two-week marathon COP29 climate conference opened days after the decisive victory in the US presidential election of Donald Trump, a sceptic both of climate change and foreign aid. In the new year, Germany, Canada and Australia all hold elections in which conservatives less supportive of green policies stand chances of victory. Britain is an exception, with the new Labour government putting climate high back on the agenda, but in much of the West, concerns about inflation and budgetary shocks from Russia's invasion of Ukraine have dented enthusiasm for aggressive climate measures. At COP29, Germany and the European Union maintained their roles championing climate but also advocated a noticeably practical approach on how much money historical polluters should give poorer countries. "We live in a time of truly challenging geopolitics, and we should simply not have the illusion" otherwise, European climate commissioner Wopke Hoekstra told bleary-eyed delegates at COP29's pre-dawn closing session Sunday, as activists in the back loudly coughed to drown him out. But he vowed leadership by Europe, hailing COP29 as "the start of a new era for climate finance". German Foreign Minister Annalena Baerbock, a Green party member and longtime climate advocate, called for flexibility on ways to provide funding. Europe should "live up to its responsibilities, but in a way that it doesn't make promises it can't keep", she said. Avinash Persaud, special advisor on climate change to the president of the Inter-American Development Bank, called the final deal "the boundary between what is politically achievable today in developed countries and what would make a difference in developing countries". Activists say that climate funding is a duty, not choice, for wealthy nations whose decades of greenhouse gas emissions most contributed to the crisis that most hits the poorest. This year is again set to be the hottest on record on the planet. Just since COP29, deadly storms have battered the Philippines and Honduras, and Ecuador declared a national emergency due to drought and forest fires. Wealthy historic emitters' promise of $300 billion a year by 2035 is a step up from an expiring commitment of $100 billion annually, but all sides acknowledge it is not enough. The COP29 agreement cites the need for $1.3 trillion per year, meaning a whopping $1 trillion a year needs to come from elsewhere. Even within the $300 billion commitment, some activists see too much wiggle room. "It is, to some extent, almost an empty promise," said Mariana Paoli, the global advocacy lead at London-based development group Christian Aid. She described the target as "creative accounting", saying there was not enough clarity on how much money would come from public funds and in grants rather than loans. She acknowledged the politics of the moment but said that wealthy nations had options such as taxation on fossil fuel companies. "There is a backlash because there is no political will," she said. In one closely scrutinised part of the Baku deal, countries will be able to count climate finance through international financial institutions toward the $300 billion goal. The text states that it is "voluntary" -- potentially opening the way to include China, which is the world's largest emitter but refuses to have requirements like long-developed countries. In a joint statement at COP29, multilateral development banks led by the Washington-based World Bank Group but also including the Beijing-based Asian Infrastructure Investment Bank -- which has long faced US criticism -- expected that they together can provide $120 billion annually in climate financing and mobilise another $65 billion from the private sector by 2030. Melanie Robinson, director of the global climate program at the World Resources Institute, said there were good reasons to rely on multinational development banks, including how much capital they can leverage and their tools to advance green policies. "They are the most effective way to turn each dollar of finance into impact on the ground," she said. She agreed that the $300 billion was insufficient but added, "It's a down payment on what we need." Beyond the debate on dollar figures, she pointed to an initiative within the G20 by Brazil, which holds COP30 next year, to reform financial institutions so as to incorporate debtor nations as well as climate concerns. "There is really a much bigger opportunity for us -- which is shifting the whole financial system," she said. sct/giv
Baltimore Ravens leading receiver Zay Flowers is questionable for Wednesday's game against the host Houston Texans because of a shoulder issue. Flowers was listed on the team's injury report after missing practice on Sunday and Monday and being limited on Tuesday. Cornerback Tre'Davious White (shoulder) has followed the same pattern in practice participation and also is questionable. The Ravens ruled out wide receiver Nelson Agholor and running back Justice Hill due to concussions, and neither practiced Sunday, Monday or Tuesday. Cornerback Jalyn Armour-Davis (hamstring) also missed practice this week and is out. Flowers, 24, leads the Ravens with 71 receptions, 109 targets and 1,016 receiving yards in 15 games (13 starts). He has four touchdowns. Baltimore selected him 22nd overall in the 2023 NFL Draft out of Boston College. He has 148 career receptions for 1,874 yards and nine TDs in 31 games (29 starts). Flowers has not missed a game because of injury in his brief NFL career. White, 29, has appeared in five games and has seven tackles. He was a Pro Bowl selection in 2019 and 2020 and first-team All-Pro in 2019 during his first seven NFL seasons with the Buffalo Bills. Hill, 27, has 47 carries for 228 yards and one touchdown this season in 15 games as a reserve. He also has 42 receptions for 383 yards and three TDs. The Ravens selected Hill in the fourth round of the 2019 draft. He has 250 rushing attempts for 1,162 yards and six TDs, and 95 receptions for 737 yards and four scores. Agholor, 31, will miss his second consecutive game. He has 14 receptions on 29 targets for 231 yards and two touchdowns in 14 games (seven starts). He has 389 career receptions for 3,858 yards and 37 TDs in 149 games (105 starts) for the Philadelphia Eagles (2015-19), Las Vegas Raiders (2020), New England Patriots (2021-22) and Ravens (2023-present). Armour-Davis, 25, has played in seven games (two starts) this season and has eight tackles. The Ravens picked him in the fourth round of the 2022 draft out of Alabama. The Ravens (10-5) elevated wide receiver Anthony Miller from the practice squad to the active roster for the game against the Texans (9-6). --Field Level MediaLiverpool's lead at the top of the Premier League has been cut to seven points after a thrilling 3-3 draw with Newcastle. Chelsea moved up to second by thrashing last-place Southampton 5-1, while Arsenal are third - also on 28 points - after a 2-0 win over Manchester United. Also on Wednesday night, fourth-placed Manchester City ended their seven-game winless run with a 3-0 victory over Nottingham Forest. Liverpool's result will give hope to their title rivals after Fabian Schar's 90th-minute equaliser at St James' Park. Arne Slot's team had twice come back from a goal down to take the lead in the 83rd through Mohamed Salah's second goal of the match. But the Merseyside team were denied an eighth-straight win when Newcastle produced a fightback of their own. Chelsea took advantage with a third straight league win and are ahead of Arsenal on goal difference. City also reduced the gap and are nine points behind Liverpool after finally ending the worst run of results of Pep Guardiola's managerial career. "We needed it. The club, the players, everyone needed to win," Guardiola said. Liverpool's title credentials were given a stern test by Newcastle, who led at halftime through Alexander Isak and again in the second half through Anthony Gordon. Goals from Curtis Jones and Salah twice levelled the game before Salah looked to have sealed the win late on. Schar's equaliser meant Liverpool dropped points for only the third time this season after drawing against Arsenal and losing to Forest. Chelsea head coach Enzo Maresca said this week that his team was not in the title race, but the standings tell a different story. The London team are Liverpool's closest challengers after their latest win against 10-man Southampton. Axel Disasi, Christopher Nkunku, Noni Madueke, Cole Palmer and Jadon Sancho were all on target in the rout at St Mary's Stadium. Southampton had briefly levelled through Joe Aribo, but Chelsea was already 3-1 up and in control when Jack Stephens was sent off before the break. Making his first start since September, Kevin De Bruyne showed City exactly what they have been missing by scoring a goal and creating another as the four-time defending champions got back to winning ways. The Belgium playmaker provided the cross for Bernardo Silva to give City an eighth-minute lead against Forest at the Etihad Stadium. He produced a trademark finish to sweep the ball past goalkeeper Matz Sels in the 31st to put City on course for a first win in eight games. Jeremy Doku made it 3-0 in the 57th, but it was De Bruyne's performance that stood out after seeing much of his season disrupted by a groin injury. A first win in six games for Everton moved Sean Dyche's team further away from the relegation zone, while back-to-back losses for Wolverhampton left the club second from bottom of the standings. Ashley Young and Orel Mangala put Everton in control before two second-half own goals from Craig Dawson sealed a 4-0 win for the Merseyside club, who are five points clear of the bottom three. Aston Villa ended an even longer winless run by beating Brentford 3-1 to secure a first victory in nine games in all competitions. Morgan Rogers, Ollie Watkins from the penalty spot and Matty Cash were on target.
bbraley/E+ via Getty Images Back in the summer, I wrote an initiation article on the Unusual Whales Subversive Democratic Trading ETF (BATS: NANC ) and the Unusual Whales Subversive Republican Trading ETF (BATS: KRUZ ). These two ETFs supposedly Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The world stands at the dawn of a “third nuclear age” in which Britain is threatened by multiple dilemmas, the head of the armed forces has warned. But alongside his stark warning of the threats facing Britain and its allies, Admiral Sir Tony Radakin said there would be only a “remote chance” Russia would directly attack or invade the UK if the two countries were at war. The Chief of the Defence Staff laid out the landscape of British defence in a wide-ranging speech, after a minister warned the Army would be wiped out in as little as six months if forced to fight a war on the scale of the Ukraine conflict. The admiral cast doubt on the possibility as he gave a speech at the Royal United Services Institute (Rusi) defence think tank in London. He told the audience Britain needed to be “clear-eyed in our assessment” of the threats it faces, adding: “That includes recognising that there is only a remote chance of a significant direct attack or invasion by Russia on the United Kingdom, and that’s the same for the whole of Nato.” Moscow “knows the response will be overwhelming”, he added, but warned the nuclear deterrent needed to be “kept strong and strengthened”. Sir Tony added: “We are at the dawn of a third nuclear age, which is altogether more complex. It is defined by multiple and concurrent dilemmas, proliferating nuclear and disruptive technologies and the almost total absence of the security architectures that went before.” He listed the “wild threats of tactical nuclear use” by Russia, China building up its weapon stocks, Iran’s failure to co-operate with a nuclear deal, and North Korea’s “erratic behaviour” among the threats faced by the West. But Sir Tony said the UK’s nuclear arsenal is “the one part of our inventory of which Russia is most aware and has more impact on (President Vladimir) Putin than anything else”. Successive British governments had invested “substantial sums of money” in renewing nuclear submarines and warheads because of this, he added. The admiral described the deployment of thousands of North Korean soldiers on Ukraine’s border alongside Russian forces as the year’s “most extraordinary development”. He also signalled further deployments were possible, speaking of “tens of thousands more to follow as part of a new security pact with Russia”. Defence minister Alistair Carns earlier said a rate of casualties similar to Russia’s invasion of Ukraine would lead to the army being “expended” within six to 12 months. He said it illustrated the need to “generate depth and mass rapidly in the event of a crisis”. In comments reported by Sky News, Mr Carns, a former Royal Marines colonel, said Russia was suffering losses of around 1,500 soldiers killed or injured a day. “In a war of scale – not a limited intervention, but one similar to Ukraine – our Army for example, on the current casualty rates, would be expended – as part of a broader multinational coalition – in six months to a year,” Mr Carns said in a speech at Rusi. He added: “That doesn’t mean we need a bigger Army, but it does mean you need to generate depth and mass rapidly in the event of a crisis.” Official figures show the Army had 109,245 personnel on October 1, including 25,814 volunteer reservists. Mr Carns, the minister for veterans and people, said the UK needed to “catch up with Nato allies” to place greater emphasis on the reserves. The Prime Minister’s official spokesman said Defence Secretary John Healey had previously spoken about “the state of the armed forces that were inherited from the previous government”. The spokesman said: “It’s why the Budget invested billions of pounds into defence, it’s why we’re undertaking a strategic defence review to ensure that we have the capabilities and the investment needed to defend this country.”Violent clashes erupted on Saturday outside Georgia's parliament between police and demonstrators protesting against the government's decision to delay European Union membership talks amid a post-election crisis, AFP reporters witnessed. Thousands of people gathered in Georgia's capital Tbilisi on Saturday for a third night of protests that saw dozens of protesters arrested. The Black Sea nation has been rocked by turmoil since the ruling Georgian Dream party claimed victory in an October 26 parliamentary election that the pro-European opposition said was fraudulent. Masked police in riot gear fired rubber bullets, tear gas and water cannons as they moved in to disperse protesters hurling fireworks, while flames were seen coming from a window of the parliament building. Demonstrators erected barricades on Tbilisi's main avenue. "I am afraid -- I won't hide it -- that many people will get injured, but I am not afraid to stand here," 39-year-old Tamar Gelashvili told AFP near the parliament building earlier in the day. Protests were also held in numerous cities across Georgia. The interior ministry said that "the actions of some individuals present at the protest became violent shortly after the demonstration began". "Police will respond appropriately and in accordance with the law to every violation," it said. More than 100 people had been arrested over the last two days, when law enforcement cracked down on protesters, firing water cannon and tear gas at demonstrators. Prime Minister Irakli Kobakhidze's announcement on Thursday that Georgia would not seek accession talks with the EU until 2028 ignited a furious reaction from the opposition. Critics accuse Georgian Dream -- in power for more than a decade -- of having steered the country away from the EU in recent years and of moving closer to Russia, an accusation it denies. Hundreds of public servants, including from the ministries of foreign affairs, defence and education, as well as a number of judges, issued joint statements protesting Kobakhidze's decision. Some 160 Georgian diplomats criticised the move as contradicting the constitution and leading the country "into international isolation". A number of Georgia's ambassadors resigned in protest. On Friday, AFP reporters saw riot police fire water cannon and tear gas at pro-EU protesters gathered outside parliament who tossed eggs and fireworks. Clashes broke out later between protesters and police, who moved in to clear the area, beating demonstrators -- some of whom threw objects -- and journalists, deliberately targeting those clearly identified as members of the media. Georgia's special investigation service said it had opened a probe into "allegations of abuse of official authority through violence by law enforcement officers against protesters and media representatives". More than 100 schools and universities suspended academic activities in protest. Pro-Western opposition parties are boycotting the new parliament, while President Salome Zurabishvili -- who is at loggerheads with Georgian Dream -- has sought to annul the election results through the country's constitutional court. In an exclusive interview to AFP on Saturday, Zurabishvili said that she will not step down until last month's contested parliamentary elections are re-run. The Paris-born former French diplomat, said that on Saturday she had set up a "national council" consisting of opposition parties and civil society representatives, which will ensure "stability in this country". "I will be the representative of this legitimate, stable transition." After the October vote, a group of Georgia's leading election monitors said they had evidence of a complex scheme of large-scale electoral fraud. Brussels has demanded an investigation into what it said were "serious" irregularities reported by election monitors. Georgian Dream MPs voted unanimously on Thursday for Kobakhidze to continue as prime minister, even as the opposition boycotted parliament, deepening a serious legitimacy crisis at the legislature and the government. The crackdown on protests has provoked international condemnation. US State Department spokesman, Matthew Miller said: "We condemn excessive force used against Georgians exercising their freedom to protest and have suspended our Strategic Partnership with Georgia." "Georgian Dream's decision to suspend EU accession is a betrayal of the Georgian constitution." France, Britain, Ukraine, Poland, Sweden and Lithuania were among the countries to voice concern. The human rights office of the Organisation for Security and Cooperation in Europe (OSCE) said: "The action of law enforcement officials while policing peaceful protests in Georgia is of deep concern and a serious breach of the right to freedom of peaceful assembly." im/bc Get any of our free email newsletters — news headlines, sports, arts & entertainment, state legislature, CFD news, and more.SAN ANTONIO — Colorado secured what it said was record insurance coverage for quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter as the star duo opted to complete their college careers in the Alamo Bowl rather than sit out and prepare for the NFL draft. Colorado would not disclose the amount of insurance coverage each received, citing privacy laws. Coach Deion Sanders and athletic director Rick George both said it was the largest in college football history. "We happen to have two players that are probably going to be the first two picks of the NFL draft," Sanders said Monday. "We all know who those two are and they have received, I think, the highest number of coverage that has ever been covered in college football. It far exceeds anyone that has ever played this game of college football." While college programs maintain insurance policies for their athletes in case of injury, Colorado increased disability coverage for its entire roster in the Alamo Bowl. Sanders, the coach of the No. 20 Buffaloes, ensured his QB son and two-way star Hunter received larger policies since both are expected to be among the top 10 selections in the upcoming NFL draft. People are also reading... "It was his idea we should get disability insurance for our athletes for this game to ensure that they played and if there was some kind of injury that they would be well taken care of," George said. "So, we worked together on that. We're excited about it. We think it's great that all our players are playing in the game. That's what all bowl games should be like." Colorado (9-3, No. 23 CFP) will face the 17th-ranked BYU Cougars (10-2, No. 17 CFP) in the Alamo Bowl on Saturday. While most teams are scrambling with starters opting out of bowl games this year to enter the transfer portal or NFL draft, the Buffaloes did not lose any player on their two-deep roster. "It's more than what I got (when he played at Kansas State)," Colorado linebackers coach Andre' Hart said. "They gave us a helmet and said pop this on your leg and get out there and play. For them to get that (increased insurance coverage), I just think it's beneficial. To talk about where the game is, where it's going and how leadership is taking care of the players, I thought that's excellent." Shedeur Sanders completed 337 of 454 passes for 3,926 yards and 35 touchdowns this season. Many scouting services have Sanders rated as the top quarterback in this year's draft. Hunter received the Heisman Trophy as a two-way standout at cornerback and wide receiver. He had 92 receptions for 1,152 yards and 14 touchdowns and as a cornerback had four interceptions, broke up 11 passes and limited the opposition to 22 receptions on 688 defensive snaps. "They've taken care of us, everybody," Colorado running back Micah Welch said. "It really means a lot to have every teammate up here. That's a big thing. What I like about Coach Prime, they're taking care of us." Be the first to know Get local news delivered to your inbox!
Thrivent Financial for Lutherans lowered its holdings in AppFolio, Inc. ( NASDAQ:APPF – Free Report ) by 39.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,540 shares of the software maker’s stock after selling 4,206 shares during the period. Thrivent Financial for Lutherans’ holdings in AppFolio were worth $1,539,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also modified their holdings of the company. Summit Global Investments acquired a new position in AppFolio during the third quarter valued at $759,000. Gladius Capital Management LP purchased a new position in AppFolio during the 2nd quarter valued at about $1,054,000. Baker Avenue Asset Management LP increased its holdings in shares of AppFolio by 16.5% in the 3rd quarter. Baker Avenue Asset Management LP now owns 21,483 shares of the software maker’s stock valued at $5,057,000 after purchasing an additional 3,038 shares during the period. TD Asset Management Inc lifted its position in shares of AppFolio by 48.1% in the second quarter. TD Asset Management Inc now owns 8,000 shares of the software maker’s stock worth $1,957,000 after purchasing an additional 2,600 shares in the last quarter. Finally, Comerica Bank lifted its position in shares of AppFolio by 129.9% in the first quarter. Comerica Bank now owns 13,683 shares of the software maker’s stock worth $3,376,000 after purchasing an additional 7,732 shares in the last quarter. Institutional investors and hedge funds own 62.34% of the company’s stock. Analyst Ratings Changes A number of research analysts recently commented on the stock. KeyCorp lowered their price objective on shares of AppFolio from $300.00 to $252.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Keefe, Bruyette & Woods cut shares of AppFolio from a “market perform” rating to an “underperform” rating and lowered their price target for the company from $255.00 to $193.00 in a report on Tuesday, October 15th. Piper Sandler cut their price objective on AppFolio from $300.00 to $265.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, StockNews.com downgraded AppFolio from a “buy” rating to a “hold” rating in a research note on Thursday, August 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.75. Insiders Place Their Bets In other AppFolio news, insider Matthew S. Mazza sold 5,090 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $236.24, for a total value of $1,202,461.60. Following the sale, the insider now owns 28,266 shares of the company’s stock, valued at $6,677,559.84. This trade represents a 15.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link . Also, major shareholder Maurice J. Duca sold 2,577 shares of AppFolio stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $250.75, for a total value of $646,182.75. Following the completion of the transaction, the insider now directly owns 2,875 shares in the company, valued at approximately $720,906.25. This represents a 47.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 24,461 shares of company stock valued at $5,766,272 in the last quarter. Insiders own 5.24% of the company’s stock. AppFolio Stock Performance APPF opened at $253.75 on Friday. The firm has a market cap of $9.22 billion, a P/E ratio of 70.98 and a beta of 0.83. The business has a 50 day moving average price of $224.84 and a 200 day moving average price of $231.25. AppFolio, Inc. has a twelve month low of $164.29 and a twelve month high of $274.56. AppFolio ( NASDAQ:APPF – Get Free Report ) last issued its quarterly earnings data on Thursday, October 24th. The software maker reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.26. The business had revenue of $206.00 million during the quarter, compared to analysts’ expectations of $199.11 million. AppFolio had a net margin of 17.26% and a return on equity of 30.64%. AppFolio’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.26 earnings per share. As a group, analysts anticipate that AppFolio, Inc. will post 3.23 earnings per share for the current fiscal year. About AppFolio ( Free Report ) AppFolio, Inc, together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties. Featured Articles Want to see what other hedge funds are holding APPF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AppFolio, Inc. ( NASDAQ:APPF – Free Report ). 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NEW YORK , Nov. 24, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of PACS Group Inc. (NYSE: PACS): (i) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") in connection with the Company's April 11, 2024 initial public offering ("IPO"); and/or (ii) securities between April 11, 2024 and November 5, 2024 , both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2025 . So what: If you purchased PACS common stock pursuant and/or traceable to the IPO and/or securities 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 PACS class action, go to https://rosenlegal.com/submit-form/?case_id=30617 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 January 13, 2025 . 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. 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 at the time. 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, the Registration Statement and defendants made false and/or misleading statements and/or failed to disclose that: (1) PACS engaged in a "scheme" to submit false Medicare claims which "drove more than 100% of PACS' operating and net income from 2020 – 2023"; (2) PACS engaged in a "scheme" to "bill thousands of unnecessary respiratory and sensory integration therapies to Medicare"; (3) PACS engaged in a scheme to falsify documentation related to licensure and staffing; and (4) as a result of the foregoing, defendants' positive statements about PACS' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the PACS class action, go to https://rosenlegal.com/submit-form/?case_id=30617 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 View original content to download multimedia: https://www.prnewswire.com/news-releases/pacs-investors-have-opportunity-to-lead-pacs-group-inc-securities-fraud-lawsuit-302314614.html SOURCE THE ROSEN LAW FIRM, P. A.The Dallas Cowboys are finally beginning to see the fruits of their labor in the run game after Rico Dowdle's 112-yard game in the 27-20 win over the New York Giants at AT&T Stadium. It marks the second week in a row that Rico got significant trips to the plate and rewarded the offense to the tune of 5.1 yards per clip against New York. With Dowdle now the starting running back, he is benefitting from the increased workload, which he even stated he had been preaching all season to help him get into a rhythm, and now we are seeing the type of back he can be for Mike McCarthy. As a result, the run game production has picked up, and quarterback Cooper Rush knows the benefits of getting Dowdle the football as often as possible. “The way he runs, it's infectious,” Rush said. “Runs hard, high motor, that's two weeks in a row now we're getting contacted five more yards, pushing the piles, and those add up over time. You get into the fourth quarter, and those four, five-yard runs that he's wearing on guys start turning to eight-yard, 10-yard, and he busts a couple there late. So that's why it's important to stick with it, and he's running really well.” It is no coincidence that Dowdle's best three games this season have all come when he carries the football at least 19 times. In those three games combined, Rico has 285 yards. In the rest of his outings, he's got a combined total of 315 yards. So the formula is simple - get Rico the ball. Related: Cowboys Gobble Up Lowly Giants: Top 10 Whitty Observations With the Cowboys now on a two-game winning streak, there is a positive vibe coming from the locker room as there is no desire to go quietly into that good night. And the "infectious" Dowdle is leading the way. Related: What Are Cowboys Thankful For?
SAN ANTONIO — Colorado secured what it said was record insurance coverage for quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter as the star duo opted to complete their college careers in the Alamo Bowl rather than sit out and prepare for the NFL draft. Colorado would not disclose the amount of insurance coverage each received, citing privacy laws. Coach Deion Sanders and athletic director Rick George both said it was the largest in college football history. "We happen to have two players that are probably going to be the first two picks of the NFL draft," Sanders said Monday. "We all know who those two are and they have received, I think, the highest number of coverage that has ever been covered in college football. It far exceeds anyone that has ever played this game of college football." While college programs maintain insurance policies for their athletes in case of injury, Colorado increased disability coverage for its entire roster in the Alamo Bowl. Sanders, the coach of the No. 20 Buffaloes, ensured his QB son and two-way star Hunter received larger policies since both are expected to be among the top 10 selections in the upcoming NFL draft. "It was his idea we should get disability insurance for our athletes for this game to ensure that they played and if there was some kind of injury that they would be well taken care of," George said. "So, we worked together on that. We're excited about it. We think it's great that all our players are playing in the game. That's what all bowl games should be like." Colorado (9-3, No. 23 CFP) will face the 17th-ranked BYU Cougars (10-2, No. 17 CFP) in the Alamo Bowl on Saturday. While most teams are scrambling with starters opting out of bowl games this year to enter the transfer portal or NFL draft, the Buffaloes did not lose any player on their two-deep roster. "It's more than what I got (when he played at Kansas State)," Colorado linebackers coach Andre' Hart said. "They gave us a helmet and said pop this on your leg and get out there and play. For them to get that (increased insurance coverage), I just think it's beneficial. To talk about where the game is, where it's going and how leadership is taking care of the players, I thought that's excellent." Shedeur Sanders completed 337 of 454 passes for 3,926 yards and 35 touchdowns this season. Many scouting services have Sanders rated as the top quarterback in this year's draft. Hunter received the Heisman Trophy as a two-way standout at cornerback and wide receiver. He had 92 receptions for 1,152 yards and 14 touchdowns and as a cornerback had four interceptions, broke up 11 passes and limited the opposition to 22 receptions on 688 defensive snaps. "They've taken care of us, everybody," Colorado running back Micah Welch said. "It really means a lot to have every teammate up here. That's a big thing. What I like about Coach Prime, they're taking care of us." Get local news delivered to your inbox!
ATLANTA--(BUSINESS WIRE)--Dec 24, 2024-- Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR), a leader in private aviation innovation, today announced it received from NYSE Regulation a Warning Letter (the “Letter”) as provided under Section 1009(a) of the NYSE American LLC Company Guide (the “Company Guide”) describing the Company’s failure to comply with Sections 301 and 713 of the Company Guide. Section 301 of the Company Guide prohibits a listed company from issuing, or authorizing its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notification from the NYSE American that the securities have been approved for listing. Section 713 of the Company Guide requires stockholder approval when additional shares to be issued in connection with a transaction involve the sale, issuance, or potential issuance of common stock (or securities convertible into common stock) equal to 20% or more of outstanding stock for less than the greater of book or market value of the stock. As noted in the Letter, the Company issued approximately 16 million shares of Class A common stock between November 2024 and December 2024 pursuant to a Settlement Agreement and Stipulation Dated November 4, 2024, that NYSE has determined were in violation of these provisions. The Company is implementing additional controls to avoid violations of such NYSE rules in the future. The Company has been advised by NYSE Regulation that, following the filing of this press release and the associated Current Report on Form 8-K, this matter is resolved. About Volato Volato (NYSE American: SOAR) is an aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation. For more information about Volato, please visit www.flyvolato.com . Forward Looking Statements This press release contains certain statements that may be deemed to be “forward-looking statements” within the meaning of the federal securities laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Statements that are not historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events or our future performance or future financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about our Company, our industry, our beliefs and our assumptions. These forward-looking statements generally are identified by words, or variation of words, such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions or the negative of these terms or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements provide our current expectations or predictions of future conditions, events, or results. All statements that address operating performance, events, or developments that may occur in the future are forward-looking statements, including statements regarding the challenges associated with executing our growth strategy, including expected deliveries of aircraft and related sales, and developing, marketing and consistently delivering high-quality services that meet customer expectations. All forward-looking statements speak only as of the date they are made and reflect the Company’s good faith beliefs, assumptions, and expectations, but they are not guarantees of future performance or events. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive, and regulatory factors, many of which are beyond the Company’s control, that are described in the Company’s periodic reports filed with the SEC including its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and other factors that the Company may describe from time to time in other filings with the SEC. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties. View source version on businesswire.com : https://www.businesswire.com/news/home/20241224124691/en/ CONTACT: For Media: media@flyvolato.comFor Investors: investors@flyvolato.com KEYWORD: GEORGIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: DATA MANAGEMENT AIR TECHNOLOGY TRANSPORT TRANSPORTATION SOFTWARE TRAVEL SOURCE: Volato Group, Inc. Copyright Business Wire 2024. PUB: 12/24/2024 02:00 PM/DISC: 12/24/2024 02:00 PM http://www.businesswire.com/news/home/20241224124691/en
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