ADDYY INVESTOR NEWS: ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages adidas AG Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – ADDYY, ADDDF

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of adidas AG (OTC: ADDYY, ADDDF) between May 3, 2018 and February 21, 2023, both dates inclusive (the “Class Period”), of the important June 27, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased adidas 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 adidas class action, go to https://rosenlegal.com/submit-form/?case_id=12204 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 June 27, 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 litigate 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) in addition to other misconduct, Kanye West (also known as Ye) made anti-Semitic comments in front of adidas staff, and even suggested naming an album after Adolf Hitler; (2) adidas was aware of his behavior, and failed to warn investors that it was aware of that behavior, and had considered ending the Partnership, a business association with adidas and Kanye West, as a result; (3) adidas failed to take meaningful precautionary measures to limit negative financial exposure if the Partnership were to end as a result of Kanye West’s behavior; (4) adidas overstated the risk mitigation measures it took with regard to Yeezy shoes in the event that it terminated the Partnership; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the adidas class action, go to https://rosenlegal.com/submit-form/?case_id=12204 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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Saudi regime authorities execute detainee from Qatif region

The authorities of the Saudi regime have executed detainee Anwar Jaafar al-Alawi from Qatif region, in the third execution against Qatif detainees within two months.

The Saudi Ministry of Interior claimed, in a statement regarding the implementation of the death penalty, on Tuesday, that the martyr, al-Alawi, participated with a number of security wanted persons by shooting at a police station and providing assistance to a security wanted person by covering him up and sheltering him, which is the charge that the authorities falsely attach to everyone who carried out the death penalty.

In its statement, the Saudi Ministry of Interior did not clarify the name of the police station or the name of the alleged security wanted person, which indicates a clear fabrication of the charge.

Source: Yemen News Agency

Settler killed, 15 others wounded, massive by resistance’s missiles on the occupied towns

A Zionist settler was killed, 15 others were wounded, and a number of buildings were severely damaged Wednesday evening after rockets fired from the Gaza Strip hit the occupied Palestinian towns.

Palestine Today news agency said that this came in response to the continuous Zionist aggression on the Gaza Strip that killed 21 martyrs and dozens of injuries, including women and children.

Magen David Adom reported that a settler was killed and 15 others were injured, including serious injuries, after rockets fired from the Gaza Strip hit the occupied cities of Beersheba, Tel Aviv and Ashkelon.

According to the Zionist Channel 12, a settler was killed and 15 injured by missiles during the recent bursts, which focused on Ashkelon and Sderot.

Zionist medical sources had previously reported the injury of four settlers distributed as follows: the first in Beersheba, the second in Giv’at Shmuel, the third in Sderot, and the fourth in Yavne.

In turn, the Zionist Channel 13 said 70 rockets were fired from the Gaza Strip towards “Israel” during the recent missile bursts, and officials in “Tel Aviv” were surprised by their strength.

The Gaza Strip has been exposed since dawn on Tuesday to a major Zionist aggression, which began with the assassination of three leaders of the military apparatus of the “Islamic Jihad” movement, “Al-Quds Brigades”, which resulted in 21 martyrs and 66 wounded, and also left great damage to buildings and facilities.

Source: Yemen News Agency

Syria’s stability would reflect ‘positively’ on region- Safadi

Lower House Speaker, Ahmed Safadi, said Syria’s stability would reflect “positively” on the entire region. During his meeting on Thursday, with Chargé d’Affairs of Syrian Embassy to Jordan, Issam Niyal , Safadi noted Syria’s readmission to the Arab League, within the framework of Arab role in resolving Syrian crisis, based on its unity, stability, and territorial integrity, is in line with the “firm” Jordanian position, adding that peaceful solution is the only settlement to resolve the Syrian crisis. Safadi also noted importance of Amman meeting, which came as a continuation of the discussions hosted by Saudi Arabia, which is in line with Jordan’s initiative based on launching a leading Arab role in efforts to resolve the Syrian crisis. Safadi referred to “enduring” history of Syrian people and their positions at pan-Arab level, affirming necessity to support their unity and stability. Safadi also stressed importance of finding a solution to the refugee crises, drug smuggling and terrorism threat with Syria’s return to the Arab League. Lauding Jordanian-Syrian “historic” relations, he affirmed joint duty on the two countries’ parliaments to overcome obstacles to resume relations to their previous level, to serve Arab and Islamic issues and serve common interests. For his part, the Syrian diplomat valued Jordan’s positions towards Syria, stressing importance of strengthening and developing prospects for joint parliamentary coordination and exchanging delegations’ visits, which would contribute to achieving common interests and serve Arab central issues. He added that Jordan and Syria faced “remarkable” challenges and pressures that were overcome, thanks to their leaderships’ awareness and wisdom, referring to available prospects to achieve “close” bilateral cooperation. Niyal also commended the Kingdom’s “great” role in Syria’s readmission to Arab League, valuing the Kingdom’s parliament and its supportive stances for Syria. In this regard, he pointed to importance of visit of Arab parliaments’ speakers to Syria about 3 months ago. During the meeting, Safadi and Niyal discussed multiple issues of common concern, stressing importance of strengthening joint parliamentary cooperation, according to a House statement.

Source: Jordan News Agency

Abu Saman, Echegaray talk developments in QAIA’s future project plans

Minister of Public Works and Housing and Minister of Transport, Maher Abu Saman, discussed with Fernando Echegaray, Chairman of the Board of Directors of the International Airport Group (IAG), developments related to future plans of Queen Alia International Airport (QAIA)’s project. According to a ministry statement on Thursday, the two sides discussed IAG’s strategic plans aimed to increase number of passengers and raise the airport’s competitiveness to attract additional airlines. The minister and Echegaray also discussed a slew of QAIA’s operational issues to ensure provision of the “best” services to passengers at the airport, which is the Kingdom’s prime gateway to the world. Abu Saman said the government attaches “utmost” importance to partnership with the private sector to stimulate investment. IAG is the company mandated to manage and operate Queen Alia International Airport.

Source: Jordan News Agency

Israeli airstrike on Khan Younes kills Palestinian, wound four others

An Israeli airstrike Thursday evening killed a Palestinian and wounded at least four others in Bani Sahla town, east of Khan Younes city, in the southern Gaza Strip, according to WAFA correspondent. He said that an Israeli warplane fired at least a missile at a house in the southern coastal enclave town, killing a Palestinian, wounding four others and causing extensive property damage. He reported medical sources at the European Hospital in the city confirming that a Palestinian was killed and four others were injured, noting that the casualties are hospitalized. Israeli army airstrikes also targeted Palestinian farmlands, an industrial facility, and several buildings in various parts of the Gaza Strip, causing damage to the building and as well as to nearby houses. Israel has launched airstrikes against the besieged Gaza Strip for the third consecutive day, resulting in the killing of 26 Palestinians, including women and children, and wounding over 70 others. This rises the total death toll of Palestinians at the hands of Israeli army and settlers since the start of 2023 to 140 in the occupied West Bank and the Gaza Strip, including 26 children and six women.

Source: En – Palestine news & Information Agency – WAFA

Palestinian succumbs to his wounds from Israeli gunfire in Tulkarm

A Palestinian Thursday evening succumbed to his wounds sustained from Israeli army gunfire in the northern occupied West Bank city of Tulkarm, according to the Health Ministry. The Ministry confirmed in a press release that Ghazi Shehab, 66, succumbed to his critical injuries in the abdomen sustained from live bullets fired by Israeli occupation forces during a military raid into Nur Shams refugee camp, east of the city, earlier today. According to the latest statistics issued by the Ministry, a total of 141 Palestinians have been killed by Israeli army and settler gunfire in the occupied West Bank and Gaza since the start of 2023. As part of the death toll, 26 were slain in the ongoing Israeli onslaught on Gaza.

Source: En – Palestine news & Information Agency – WAFA

Official media wins Birzeit University’s first Shireen Abu Akleh award

The official Palestinian media today won the Shireen Abu Akleh Award for Outstanding Achievements in Media in its first edition of each of the following categories; audio and visual media, which was launched by Birzeit University. The award was established in honor of renowned Al Jazeera’s Palestinian journalist Shireen Abu Akleh, who was murdered in cold blood by the Israeli occupation forces during a military incursion into Jenin on May 11 of last year. A specialized committee selected the award winners. The Palestinian News and Information Agency (WAFA) won the multimedia category, where 17 candidates competed, by submitting three visual press reports that dealt with settlement issues, local elections, and land grabs by the Israeli occupation. The reports were prepared by journalist Duha Humaidan. The Voice of Palestine Radio also won the award for audio media category, where seven candidates competed. Nisreen Awwad, a reporter and TV/Radio show presenter at Voice of Palestine Radio, won the award. Basma al-Kurd and Rasha Abu Jalal, from the Gaza Strip, also won an award in the digital media category. Eighteen candidates competed for the award. Birzeit university previously announced that a ceremony will be held on May 11, 2023, to memorialize the first anniversary of the assassination of Shireen Abu Akleh. The ceremony took place on campus in the presence of journalists, academics and concerned parties.

Source: En – Palestine news & Information Agency – WAFA

Two more Palestinians killed as Israeli airstrikes continue to pummel Gaza

An Israeli airstrike Thursday evening killed two more people in the Shejaiya neighborhood, east of the city of Gaza, taking the total death toll to 28 since Tuesday, according to WAFA correspondent. He reported medical sources from al-Shifa Hospital confirming that the a deadly raid struck a residential house in the neighborhood, killing two people. The sources added that the bodies of the slain people were brought to Al-Shefa medical complex. Earlier this evening, an Israeli airstrike killed a Palestinian, identified as a member of the Abu Daqqa family, and wounded four members of the family, including his wife, who sustained serious injuries, when a fighter jet shelled their house in Bani Sahla town, east of Khan Younes city, in the southern Gaza Strip. Israel has launched airstrikes against the besieged Gaza Strip for the third consecutive day, resulting in the killing of 26 Palestinians, including women and children, and wounding 86 others, including serious injuries. This rises the total death toll of Palestinians at the hands of Israeli army and settlers since the start of 2023 to 143 in the occupied West Bank and the Gaza Strip, including 26 children and six women.

Source: En – Palestine news & Information Agency – WAFA

Oil Prices Rise on Strong Fuel Demand Data

Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the US outweighed concerns about the possibility of the worlds biggest oil producer and consumer defaulting on its debt.

Brent crude futures rose by 26 cents, or 0.34%, to $76.67 a barrel, and US crude futures rose 28 cents to $72.84.

Source: Qatar News Agency

US Deploys 24,000 Security Elements on Border in Anticipation of Influx of Migrants

The United States mobilized 24,000 security elements on its borders in anticipation of a large-scale influx of migrants following the issuance of the health order lifting the public health emergency that was in place due to the COVID-19 pandemic.

The US Secretary of Homeland Security Alejandro Mayorkas acknowledged that the “coming days and weeks” could be “very difficult”, noting that authorities had already detected a “large number” of migrants arriving at the border.

US President Joe Biden acknowledged a day ago that things could get “chaotic” when the stock dubbed “Title 42” ceases to operate Thursday at 11:59 p.m. Washington time (03:59 GMT Friday).

This measure prevents the filing of an asylum request in the United States and allows migrants to be immediately deported to Mexico under the pretext of fighting against COVID-19.

Border towns like Brownsville, Laredo and El Paso have seen large numbers of immigrants, mostly from Latin America but also from China, Russia and Turkey.

Across the border, in Ciudad Juarez and Matamoros, hundreds of people were rushing to try to enter the United States to seek asylum, fearing that a change in the rules in force could prevent them from doing so during five years.

In order to help local authorities, the US government announced on Wednesday the deployment of “more than 24,000 law enforcement personnel, as well as more than 1,100 coordinators” from the Border Patrol.

In addition to them, 1,500 soldiers have been deployed by the Ministry of Defense at the borders to support the 2,500 who are there.

Meanwhile, the US Departments of Justice and Homeland Security have finalized the new asylum restrictions announced in February and will be consulted before they take effect Thursday evening. Before reaching the border, people wishing to apply for asylum, with the exception of unaccompanied minors, will have to obtain an appointment fixed via a mobile application developed by the border guards. Otherwise, their application will be considered invalid and they may be subject to expedited removal procedures that will prevent them from entering the United States for five years.

Source: Qatar News Agency

SpaceX Launches 51 New Starlink Satellites

The US Space Exploration Technologies Corporation (SpaceX) has launched another big batch of its Starlink internet satellites toward orbit and landed the returning rocket on a ship at sea.

A Falcon 9 rocket carrying 51 Starlink spacecraft lifted off from California’s Vandenberg Space Force Base on schedule today at 4:09 p.m. ET (2009 GMT; 1:09 p.m. local California time), SpaceX said in a statement.

The Falcon 9’s first stage came back to Earth about 8.5 minutes after liftoff as planned.

It was the third launch and landing for this particular booster, according to a SpaceX mission description.

The Falcon 9’s upper stage, meanwhile, continued making its way to low Earth orbit, where it deployed the 51 Starlink satellites as planned about 17.5 minutes after liftoff.

SpaceX has already launched more than 4,300 satellites for Starlink, its broadband megaconstellation.

Source: Qatar News Agency