March 4, 2023 – Turkey News Gazette

March 4, 2023

BROS EQUITY ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Dutch Bros, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BROS

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Dutch Bros, Inc. (NYSE: BROS) between March 1, 2022 and May 11, 2022, 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 May 1, 2023.

SO WHAT: If you purchased Dutch Bros 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 Dutch Bros class action, go to https://rosenlegal.com/submit-form/?case_id=12586 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 May 1, 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. 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, defendants throughout the Class made materially false and/or misleading statements, and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company was experiencing increased costs and expenses, including on dairy; (2) as a result, the Company was experiencing increased margin pressure and decreased profitability in the first quarter of 2022; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’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 Dutch Bros class action, go to https://rosenlegal.com/submit-form/?case_id=12586 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, 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 8781413

March 4, 2023

CGNT EQUITY ALERT: ROSEN, A TOP RANKED GLOBAL COUNSEL, Encourages Cognyte Software Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CGNT

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Cognyte Software Ltd. (NASDAQ: CGNT) between February 2, 2021 and June 28, 2022, 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 May 1, 2023.

SO WHAT: If you purchased Cognyte 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 Cognyte class action, go to https://rosenlegal.com/submit-form/?case_id=12578 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 May 1, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class misled investors and/or failed to disclose that Cognyte created, distributed, and provided reconnaissance tools and services that violated community standards and terms of service of communication network sources and technologies, such as Facebook, exposing the Company to significant financial and reputational risk. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cognyte class action, go to https://rosenlegal.com/submit-form/?case_id=12578 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.

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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GlobeNewswire Distribution ID 8781403

March 4, 2023

ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages VBit Technologies Corp., VBit Mining LLC Investors to Secure Counsel Before Important Deadline in Securities Class Action

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of VBit Technologies Corp., VBit Mining LLC (Collectively, “VBit”) securities, which were unregistered in the form of investment contracts, between January 1, 2019 and February 13, 2023, inclusive (the “Class Period”), of the important April 17, 2023 lead plaintiff deadline.

SO WHAT: If you purchased VBit securities, which were in the form of investment contracts, 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 VBit class action, go to https://rosenlegal.com/submit-form/?case_id=12202 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 April 17, 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 handle 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, defendants violated provisions of the Exchange Act by making false and misleading statements and omitting material information concerning VBit’s mining operations. The lawsuit also alleges that defendants violated the Securities Act by offering, selling and soliciting unregistered securities.

To join the VBit class action, go to https://rosenlegal.com/submit-form/?case_id=12202 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.

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:

GlobeNewswire Distribution ID 8781452

March 4, 2023

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Tesla, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – TSLA

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Tesla, Inc. (NASDAQ: TSLA) between February 19, 2019 and February 17, 2023, 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 April 28, 2023.

SO WHAT: If you purchased Tesla 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 Tesla class action, go to https://rosenlegal.com/submit-form/?case_id=12483 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 April 28, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had overstated the efficacy, viability, and safety of the Company’s Autopilot and Full Self-Driving “FSD” technologies; (2) Tesla’s Autopilot and FSD technologies created a serious risk of accident and injury; (3) as a result of the foregoing, Tesla was subjected to an increased risk of regulatory and governmental scrutiny and enforcement action, as well as reputational harm; (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Tesla class action, go to https://rosenlegal.com/submit-form/?case_id=12483 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.

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:

GlobeNewswire Distribution ID 8781446

March 4, 2023

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Honda Motor Co., Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HMC

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depository Shares (“ADSs”) of Honda Motor Co., Ltd. (NYSE: HMC) between June 20, 2018 and September 28, 2022, both dates inclusive (the “Class Period”) of the important April 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Honda ADSs 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 Honda class action, go to https://rosenlegal.com/submit-form/?case_id=11692 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 April 3, 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 handle 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Honda had overstated the safety and effectiveness of the Idle Stop engine feature; (2) Honda maintained deficient disclosure controls and procedures with respect to product quality and safety; (3) as a result of the foregoing deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles that contained a defective Idle Stop feature; (4) the foregoing conduct subjected the Company and/or its subsidiaries to a heightened risk of litigation, as well as financial and/or reputational harm; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Honda class action, go to https://rosenlegal.com/submit-form/?case_id=11692 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.

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 8781417

March 4, 2023

Global airline association challenges legality of mandatory flight reductions at Schiphol Airport

The International Air Transport Association (IATA) said that along with airlines, it is mounting a legal challenge to the Netherlands government's "sudden decision" to reduce Schiphol Airport's capacity.

Schiphol Airport, one of the world's busiest, is already restricted to 500,000 flights annually, according to the airline association.

IATA said a new government decree would renege on an earlier agreement, reducing Schiphol connectivity to 460,000 flights from November 2023.

"The Netherlands is handicapping its economy by destroying connectivity. And it is doing it in contravention of EU law and its international obligations," said Willie Walsh, IATA's Director General.

"The job-destroying hostile approach to aviation that the Dutch government has chosen is a totally disproportionate response to managing noise."

Walsh said the Netherlands government has even refused "meaningful consultations."

From June 2022, Schiphol began slashing flight numbers after chaos and long queues at the airport, which faced a shortage of security staff and baggage handlers, in particular, forcing operations at a reduced capacity.

According to Airports Council International, Schiphol was the world's No. 3 airport in 2021 for international passengers, behind airports in Dubai and Istanbul.

IATA said the airport had made flight reductions the goal rather than working with industry to meet noise and emissions reduction goals while restoring employment and revitalizing the post-pandemic economy.

Dangerous precedent

"The dangerous precedent that this illegal approach creates left no choice but to challenge them in court," said Walsh.

The global airline community believes that the Dutch government's "political decision" contravenes the EU Regulation on noise-related operating restrictions at European airports.

IATA said the move at The Hague also disregards the Chicago Convention, a binding international agreement to which the Netherlands is a signatory.

"Annex 16 of the Convention contains provisions for The Balanced Approach to Aircraft Noise Management which states are obligated to follow when taking measures to manage the noise impacts of aviation."

IATA said the airline industry continually deploys quieter aircraft, reducing noise levels by 50% in the last decade.

The investment in new fleets also plays a significant role in meeting the aviation industry's commitment to reduce its CO2 emissions to net zero by 2050, out in a Resolution by IATA in 2021.

The industry's robust plan for reducing CO2 includes the uptake of Sustainable Aviation Fuels, of which airlines operating in and to the Netherlands have been among the leading users, said IATA.

IATA is the trade association for the world's airlines, representing some 300 airlines or 83% of total air traffic.

Source: Anadolu Agency

March 4, 2023

Belgian court upholds prisoner swap treaty with Iran

Belgium's Constitutional Court ruled Friday that a prisoner transfer treaty with Iran is legal.

The court rejected an appeal to suspend the treaty with Iran, paving the way for the release of Belgian national Olivier Vandecasteele in exchange for Iranian diplomat Assadolah Assadi, who was convicted in Belgium for a planned bomb attack on the Iranian opposition in France.

But the court ruled that any possible swap involving Vandecasteele and Assadi would be subject to a legal analysis.

Tehran sentenced Vandecasteele in January to 40 years in prison plus 74 lashes and a fine for spying for the US, money laundering and currency smuggling.

The deal between Belgium and Iran was suspended by the Court last year after opponents of the Iranian regime living abroad appealed its legality.

Belgian Prime Minister Alexander De Croo hailed the decision and said, "we are happy."

The government has always considered the treaty to be an important legal instrument to enable Vandecasteele’s return, he added.

Source: Anadolu Agency

March 4, 2023

US Fed report shows rate hikes will continue to lower high inflation

The US Federal Reserve said in a report Friday that interest rate increases will continue in order to lower high inflation.

Although the Federal Open Market Committee (FOMC) slowed rate hikes at December and January meetings to 50 basis points and 25 basis points, respectively, the FOMC indicated "it anticipates ongoing increases in the target range will be appropriate" to return inflation to 2%, said the semiannual Monetary Policy Report to the US Congress.

In its toughest monetary tightening in decades, which included four consecutive rate increases of 75 basis points, the US central bank made a total of 425-point rate hikes on seven occasions last year to fight record-high inflation that climbed to its highest level in over 40 years by mid-2022.

However, Fed's preferred inflation indicator, the core personal consumption expenditures (PCE) price index, rose 4.7% annually in January, up from a 4.6% year-on-year gain in December, and coming higher than the market estimate of a 4.3% increase. On a monthly basis, the core PCE price index rose 0.6% in January, up from a 0.4% monthly gain in December, and higher than the market estimate of a 0.4% increase.

Fed said in the report it is "acutely aware that high inflation imposes significant hardship, especially on those least able to meet the higher costs of essentials."

Chair Jerome Powell will make his semiannual testimony before the Senate Banking Committee on Tuesday and the House Financial Services Committee on Wednesday about the central bank's monetary policy.

Source: Anadolu Agency

March 4, 2023

Italian police arrests detained mafia boss’ sister for helping brother escape authorities

Detained Sicilian mafia boss Matteo Messina Denaro's sister was arrested Friday for allegedly helping her brother escape authorities, media reports said Friday.

Rosalia Messina Denaro was arrested by an Italian ROS special unit on suspicion of mafia-related charges, according to the ANSA news agency.

Rosalia helped her brother for 30 years while he was on the run and she played a role in keeping a connection between the mafia boss and his men, according to Palermo Preliminary Investigations Judge (GIP).

Messina Denaro, 60, Italy's most-wanted mafia boss, was arrested Jan. 16 in Sicily after three decades on the run.

He was detained in a private clinic in Palermo. The following day he was transferred to a maximum-security prison in central L'Aquila province.

Messina Denaro had been sentenced to life in prison in absentia for his involvement in dozens of murders, including 1992 bombings that killed anti-mafia judges Giovanni Falcone and Paolo Borsellino; the killing of Giuseppe Di Matteo, the 12-year-old son of a mobster-turned-state witness who was strangled and dissolved in acid in 1996 and bombings in Milan, Florence and Rome in 1993.

Source: Anadolu Agency