November 10, 2023

ROSEN, INVESTOR COUNSEL, Encourages Paycom Software, Inc. Investors to Inquire About Securities Class Action Investigation – PAYC

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Paycom Software, Inc. (NYSE: PAYC) resulting from allegations that Paycom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Paycom securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=20233 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On October 31, 2023, after market hours, Paycom reported its financial results for the third quarter of 2023 and provided financial projections for 2024. In response to Paycom’s reported financial results and projections, MarketWatch released an article entitled “Paycom’s stock plunges 32% as payroll company whiffs on earnings outlook”, which stated that “Paycom expects 10% to 12% revenue growth in 2024. Analysts had previously been modeling a 21% rise. Then on November 1, 2023, during market hours, Reuters released an article entitled “Paycom’s weak revenue forecast hammers stock to nearly five-year low.” The article stated that “[c]ompany executives said a jump in usage of its flagship product Beti, which increases efficiency for clients by letting their employees do their own payroll, was ‘cannibalizing’ some revenues it would have otherwise earned.”

On this news, Paycom’s stock price fell $94.28 per share, or 38%, to close at $150.69 per share on November 1, 2023, on unusually heavy trading volume.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

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Contact Information:

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

GlobeNewswire Distribution ID 8977074

November 10, 2023

ROSEN, TRIAL COUNSEL, Encourages James River Group Holdings, Ltd. Investors to Inquire About Securities Class Action Investigation – JRVR

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of James River Group Holdings, Ltd. (NASDAQ: JRVR) resulting from allegations that James River may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased James River securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=20268 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On November 8, 2023, before market hours, James River announced non-reliance on previously issued financial statements or a related audit report or completed interim review. The press release stated, “[i]n preparing its Quarterly Report on Form 10-Q for the period ended September 30, 2023, management of the Company identified an error in the accounting for reinstatement premium on a specialty casualty reinsurance treaty in its Excess & Surplus Lines segment in the Company’s previously issued condensed consolidated financial statements as of and for the three and six months ended June 30, 2023. This error resulted in understatements of ceded written premium, and overstatements of net written premium and net earned premium of $9.4 million and $12.3 million, respectively, and overstatements of net income of $7.8 million and $10.4 million, respectively within the condensed consolidated statements of income and comprehensive income (loss) for the three and six months ended June 30, 2023, as well as corresponding effects on the condensed consolidated balance sheet and consolidated statements of changes in shareholders’ equity as of and for the three and six months ended June 30, 2023. The Company’s management has assessed the effect of the foregoing on the Company’s internal control over financial reporting and disclosure controls and procedures. The Company’s control over the review of the determination of when reinstatement premiums for reinsurance should be recognized did not operate effectively as of March 31, 2023 and June 30, 2023 resulting in a material weakness in the Company’s internal control over financial reporting.”

On this news, James River’s stock price fell $0.99 per share, or 7%, to close at $13.15 per share on November 8, 2023.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

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Contact Information:

GlobeNewswire Distribution ID 8977072

November 10, 2023

XPEL INVESTOR ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages XPEL, Inc. Investors to Inquire About Securities Class Action Investigation – XPEL

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of XPEL, Inc. (NASDAQ: XPEL) resulting from allegations that XPEL may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased XPEL securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=20245 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On October 19, 2023, Culper Research released a report on XPEL. In this report, Culper stated that it was shorting XPEL stock because it believed “the Company has grossly understated its reliance on Tesla”, and because it believed “the Company is concealing a massive undisclosed risk from its primary supplier which threatens to upend the Company’s entire reason for being.”

On this news, XPEL stock declined by $10.57 per share, or 17.2% on October 19, 2023.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

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Contact Information:

GlobeNewswire Distribution ID 8977068

November 10, 2023

The first day of the meeting of the Political Committee of the Asian Parliamentary Assembly concluded in Baghdad

The work of the first day of the meeting of the Permanent Committee on Political Affairs of the Asian Parliamentary Assembly concluded this Friday evening, in the center of the capital, Baghdad, and discussed a number of files with the participation of representatives of 15 Arab and Asian countries.

In its first morning session, the meeting included approving the agenda, then electing members of the executive office (vice president, rapporteur), presenting the report of the Secretary-General of the Asian Parliamentary Assembly, and then a general discussion on draft resolutions.

The meeting also discussed, in its second evening session, consideration of draft resolutions, and presented a number of files, most notably the events in Gaza and Palestine, and also an Iraqi paper regarding Khor Abdullah.

Source: National Iraqi News Agency

November 10, 2023

Two wanted persons arrested on terrorism charges in Babylon

Security forces arrested two people accused of terrorism north of Hilla, the center of Babylon Governorate.

A security source said: “A joint force from Babylon Intelligence and National Security arrested the accused in a tight ambush in Alexandria district.”

He added: “The accused were transferred to the competent authorities for investigation.”/End

Source: National Iraqi News Agency

November 10, 2023

The Permanent Political Committee of the Asian Parliamentary Assembly issues several recommendations to stop the crimes and violations of the Zionist entity

The Permanent Political Affairs Committee of the Asian Parliamentary Assembly recommended, after its meeting held today, Friday, in the capital, Baghdad, that a list of recommendations be approved and communicated to the international community to stop all humanitarian violations and crimes committed by the Zionist aggression in the occupied Palestinian territories.

The list of recommendations included:-

1. Emphasizing the right of the Palestinian people to struggle and legitimate resistance by all available means

establishing an independent Palestinian state with al-Quds as its capital.

2. Stop all acts of aggression in all their forms immediately and unconditionally.

3. Lifting the unjust siege on Gaza and delivering urgent relief aid to the Palestinian people.

4. Establishing a fund for the reconstruction of cities destroyed by the criminal Zionist entity.

5. Calling on the international community to adopt unified standards in dealing with similar issues.

6. Calling on the international community to put pressure on the criminal Zionist entity to stop the war immediately and adhere to international humanitarian covenants and conventions, since what is happening threatens peace and security in the Middle East region.

7. Determining the right of the Palestinian people to establish their independent state with al-Quds as its capital.

8. Call to support granting Palestine full membership in the United Nations.

9. Rejecting and stopping the plans of the criminal Zionist entity aimed at annexing the entire Palestinian Jordan Valley, the northern Dead Sea, and the settlements in the Palestinian territories in the occupied territories.

10. Rejecting the criminal Zionist entity’s plans to displace the people of Gaza and the West Bank beyond borders

Palestinian state.

11. Ending the occupation and aggression of the criminal Zionist entity on all Palestinian, Syrian and Lebanese lands, as it represents the path to peace, stability and prosperity in the Middle East.

12. Release all Palestinian and Arab prisoners from the prisons of the criminal Zionist entity.

13. Stop all Judaization projects that target Islamic and Christian sanctities.

14. Urging the International Criminal Court to conduct a comprehensive investigation into the war crimes committed in Gaza.

15. Urging members of the International Parliament to remove the criminal Zionist entity from membership in its Anti-Terrorism Committee.

Source: National Iraqi News Agency

November 10, 2023

An Armored Tank Commander In The Israeli Army Killed West Of Gaza

The Israeli media announced today, Friday, the killing of an armored personnel commander in the Israeli army in battles in the western Gaza Strip.

The media reported: “The armored commander, Colonel Shaldag Zeor, was killed in the battles west of Gaza, and he is the highest-ranking among the Israeli army killed so far.”

Yesterday, the Israeli army announced the latest statistics on the number of dead since the start of the “Al-Aqsa Flood” Operation of the Hamas movement on the seventh of last month, including 354 dead, including officers and soldiers.

Source: National Iraqi News Agency