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Saquon Barkley is the NFL's version of Shohei Ohtani: AnalysisNEW YORK , Nov. 22, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AMMO, Inc. ( NASDAQ : POWW ) between August 19, 2020 and September 24, 2024 , both dates inclusive (the "Class Period"), of the important November 29, 2024 lead plaintiff deadline. So what: If you purchased AMMO 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 AMMO class action, go to https://rosenlegal.com/submit-form/?case_id=29426 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 November 29, 2024 . 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 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, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AMMO lacked adequate internal controls over financial reporting; (2) there was a substantial likelihood AMMO failed to accurately disclose all executive officers, members of management, and potential related party transactions in fiscal years 2020 through 2023; (3) there was a substantial likelihood AMMO failed to properly characterize certain fees paid for investor relations and legal services as reductions of proceeds from capital raises rather than period expenses in fiscal years 2021 and 2022; (4) there was a substantial likelihood AMMO failed to appropriately value unrestricted stock awards to officers, directors, employees and others in fiscal years 2020 through 2022; and (5) as a result of the foregoing, defendants' positive statements about AMMO's 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 AMMO class action, go to https://rosenlegal.com/submit-form/?case_id=29426 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/ammo-deadline-poww-investors-have-opportunity-to-lead-ammo-inc-securities-fraud-lawsuit-302314412.html SOURCE THE ROSEN LAW FIRM, P. A.A Healthy Product Tanker Market Boosts Pyxis Tankers’ Third Quarter Financial Results
OTTAWA — The dismissal of a class-action lawsuit over rules governing the cross-border live bee trade is casting a spotlight on political division within Canada’s beekeeping community. A federal judge has ruled against awarding commercial beekeepers damages from a decades-old partial ban on shipping live honeybees across the Canada-U.S. border, which is in place out of concerns that could bring in aggressive pests and diseases. Beekeepers from Western Canada involved in the suit claim the government’s risk assessments that inform the tight restrictions are hurting their businesses and are blown out of proportion. Michael Paradis of Paradis Honey Ltd., a seven-generation family beekeeping business based in Girouxville, Alta., and one of the representative plaintiffs in the case, said he’s disappointed with the ruling, saying it puts beekeepers in a “dangerous position” since the industry is already in crisis mode. “Canada does not have enough bees and cannot replenish its own stock at all,” he said. “It’s going to mean a lot more hardship for the industry if we cannot get access to the U.S. bees.” Beekeepers were slammed during the COVID-19 pandemic, when fewer airline flights made it harder to import bees and they suffered a nightmare year of winter losses in 2022. Manitoba commercial beekeeper Brent Ash, one of the witnesses in the case, said the ruling will hamper the industry, and makes it especially tough for apiaries in colder parts of the country like the Prairies, where most of Canada’s beekeepers are located. “Climate makes the regional divide difficult to keep those bugs alive over the course of the winter,” he said, noting honeybees are not native to North America. But Steve Moore, president of the Ontario Beekeepers’ Association, said his group worries about the risks of accidentally bringing in antibiotic resistant mites, the import of Africanized honeybees commonly known as killer bees, and a small hive beetle that’s capable of damaging colonies. “In Ontario here, we feel quite strongly that we don’t want to take the risk of it becoming even more challenging if some of these new and emerging threats come into the country in packages,” he said. But he empathizes with the plaintiffs. “When we go into our apiaries, we get stung by our bees. When we come home, we might be stung by a low honey price, stung by rising cost of production or stung by high overwintering losses, with the threat of new and emerging pathogens. So, we’re all facing the same challenges and it’s a challenging time to be a beekeeper,” he said. Even though a ban on U.S. live bee imports expired in 2006, Ottawa has not issued permits for the live worker bee boxes to be brought over the border since. The plaintiffs argued Ottawa owes them duty of care — and hundreds of millions in damages. The judge disagreed. “There is no duty of care owed and no negligence,” Justice Cecily Strickland wrote in a lengthy ruling, adding the plaintiffs failed to establish that Ottawa hurt their businesses. The case has a long history, dating back to a court filing from 2012, and was only certified as a class action in 2017. The problem is even older. Headlines from the 1980s screamed about fears that deadly infectious mites from U.S. states could level Canadian bee populations. Risks to bee health have only compounded since then. A 2003 risk assessment by the regulator found that importing queen bees was less risky, since they are easier to inspect. So, Canada allows imports of queen bees and their worker-bee attendants from the U.S., Chile, Australia, New Zealand, Denmark, Italy and Malta. “Bee packages carry a higher risk of disease introduction because they are shipped with the contents of their hive, which may include mites, parasites and bacteria,” said a statement from the Canadian Food Inspection Agency that welcomed the judge’s ruling. Canada does, however, also allow imports of worker bee packages from Italy, Chile, Australia and New Zealand, which sent Canada some 69,364 kgs of packaged bees in 2023, according to statistics from Agriculture and Agri-Food Canada. But importing from these countries also dramatically drives up import costs due to transportation. One of the plaintiffs, John Gibeau, wrote to CFIA a decade ago complaining that importing more than 1,200 packages for $170,000 would have cost half that if he could have purchased them from California instead. Gibeau said he wasn’t ready to comment since he hasn’t yet digested the ruling. Paradis said the larger issue for him than cost, though, is the quality of the bee stock and the timing of when shipments arrive. “We are looking at bees in the U.S. that are spring bees — young, invigorated bees,” he said, adding that gives them longer lifespans in Canada. While he was disappointed, Paradis said one of the main reasons for the lawsuit was to “bring CFIA to the table and to actually have some discussions” on the import ban, something he said has only happened recently. Canada’s honeybee pollination is estimated to contribute $3.18 billion directly to the economy, but that rises to $7 billion a year when canola pollination is factored in. Canada has some 794,341 beehives. This report by The Canadian Press was first published Dec. 7, 2024. Kyle Duggan and Maura Forrest, The Canadian PressJacksen Moni scores 18 to lead North Dakota State past Northern Colorado 82-70
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Timbercreek Alternatives LP, a subsidiary of Timbercreek Capital, and Aspen Properties today announced the closing of the previously announced acquisition of the 1 Palliser Square Office Building in Calgary, Alberta for the purpose of converting approximately 418,000 square feet of office into 418 residential units and amenities. 1 Palliser Square is a 27-storey, vacant B-class office building centrally located next to the Calgary Tower, with direct access to residential amenities, entertainment and transit. The project is part of the City of Calgary’s Downtown Development Incentive Program designed to transform vacant office space into new rental housing stock. 1 Palliser Office-to-Residential Project Highlights: The acquisition was completed though a joint venture called 1 Palliser Square LP (the “LP”). As part of the acquisition, the LP completed a private placement offering of units for total proceeds of approximately $21.6 million. Raymond James Ltd. and Canaccord Genuity Corp. acted as co-lead agents and joint bookrunners on behalf of a syndicate of agents, which included, Richardson Wealth Limited, Wellington-Altus Financial Inc. and iA Private Wealth Inc. About Timbercreek Founded in 2000, Timbercreek is one of Canada’s leading alternative asset class investment managers, focused on debt and equity investments in high-quality, value-add commercial real estate in Canada, the United States and Europe. Through active and direct investment, Timbercreek employs a thematic approach to deliver compelling risk-adjusted returns for their investors and partners, leveraging the diversified expertise and relationships of their highly experienced team to invest capital across a wide range of asset classes. Timbercreek’s team of 50+ investment professionals have extensive domain expertise in these markets and combine an entrepreneurial growth focus with institutional risk management. Since 2000, the Timbercreek team has deployed more than $18 billion in equity and debt investments focused on value-add real estate, on behalf of their broad range of capital partners. Timbercreek has offices in Toronto, Vancouver, Montreal, New York, Dallas and Dublin. About Aspen Aspen Properties is a fully integrated and privately held boutique real estate company with over 25 years of experience in owning and managing real estate in downtown Calgary and Edmonton. Driven by an entrepreneurial spirit, Aspen is committed to creating and delivering inspiring amenity-rich real estate with innovative technology and processes that help people thrive and contribute to the development and sustainability of the communities they serve. Together with their investment partners, Aspen Properties owns and manages approximately 4.25 million square feet of office space and nearly 3,800 parking spaces in downtown Calgary and Edmonton. Aspen’s portfolio is comprised of 15 buildings—eleven in Calgary, three in Edmonton and a development site in Calgary. For more information: Timbercreek Alternatives Fraser McEwen President fmcewenf@timbercreek.com www.timbercreek.com Aspen Properties Scott Hutcheson Executive Chair of the Board rsh@aspenproperties.ca www.aspenproperties.caNone
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