March 4, 2023 – Cyprus 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/.

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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

Pafos wins EU 2023 European Capital of Smart tourism competition

Pafos, on the southwest coast of the island, along with Sevilla in Spain are the winners of the EU 2023 European Capitals of Smart Tourism competition.

The title was awarded on Friday during an event at the Town Hall of Pafos and as organizers said, the award was the result of a careful and systematic effort by the Municipality and the organisation for Tourism Development and Promotion of the district.

An one-minute silence was observed at the beginning, in memory of the two Cypriot students who lost their lives in the deadly train collision in Greece.

Pafos Mayor Phedonas Phedonos said that because of the tragic accident all the events organized in the city for the presentation of the title, were cancelled.

Pafos will hold the title of the EU’s 2023 European Capital of Smart tourism until 31st December 2023.

The Mayor said that although Pafos is particularly a popular tourist destination in the Mediterranean, it can develop and evolve further to offer more quality services to visitors.

He referred to all the projects implemented the past years with the aim for Pafos to develop into a smart city with digitized services and innovative programmes.

Chairman of Pafos Chamber of Commerce and Industry Kyriakos Drousiotis said that Pafos managed with a very methodical approach to win this title, having competed with famous cities in the EU.

Other stakeholders also praised the effort which led to this prestigious title and noted that Pafos is now a destination that fulfills the criteria in sustainability, accessibility, digitization, cultural heritage and creativity.

Source: Cyprus News Agency

March 4, 2023

DBRS confirms EU’s long-term issuer rating at ???

DBRS Ratings GmbH confirmed the European Union’s Long-Term Issuer Rating at AAA and its Short-Term Issuer Rating at R-1 (high). The trend on both ratings remains Stable.

According to the rating agency, the Stable trend reflects DBRS Morningstar’s view that member states’ commitment and ability to support the Union is expected to remain strong, despite the rising debt and the new challenges the EU is facing related to Russia’s invasion of Ukraine.

The projected material increase in EU debt to almost €1 trillion, mainly as a result of the Next Generation EU instrument, will likely generate high debt service costs in the future, DBRS notes. Nevertheless, it estimates that the increase in the budgetary headroom, the obligation of member states to finance the agreed expenditure levels, the future introduction of new EU own resources and repayments from loan beneficiaries should comfortably enable the Union to repay its debt. It also notes that frictions between the European Commission and Hungary and Poland, which have intensified over recent years will not derail cohesiveness and commitment to the EU’s obligations.

DBRS Morningstar rates the EU primarily based on its Support Assessment of AAA. This is underpinned by the creditworthiness of the Union’s core member states, their strong commitment to the EU, and the uplift from multiple sources of support, particularly from non-core AAA-rated member states. At the same time, the EU benefits from conservative budgetary management. Multiple layers of debt-service arrangements that protect creditors remain in place, despite the significant rise in debt following the introduction of the Next Generation EU programme. The Union has a de facto preferred creditor status.

The EU’s ratings could be downgraded if one or a combination of the following occurs: a marked deterioration in the creditworthiness of a single core shareholder, particularly if it reflects a material weakening in the cohesion of core member states or of the strength of their political commitment to the EU; a rise in anti-EU sentiment due to a lack of cohesion that ultimately results in a material increase in the risk of the EU’s dissolution; or, although unlikely, given its Stable trend, a downgrade of Germany, which is now at AAA, Stable.

Source: Cyprus News Agency

March 4, 2023

No one should be left behind, says Cypriot MEP Loucas Fourlas, rapporteur of European Year of Skills 2023 report

People should be at the top of our priorities and no one should be left behind, Cyprus MEP Loucas Fourlas said. He is the rapporteur of the report for the European Year of Skills 2023 and meeting Friday with a group of journalists and other interested parties, he outlined the ambitions and the aim of the European Year, recognising the great honor but also the heavy responsibility he bears.

The Cyprus MEP analyzed the key parameters of the project and how Cyprus and its people can benefit and how the EU will try to reach all its citizens in the most remote areas. The MEP said that the report will most probably be adopted by the EP plenary on May 9th, Europe Day.

Fourlas said that Europe is facing major challenges regarding both labour issues and professional employment and added that the importance of skills has been particularly emphasised and everyone recognises the need for European citizens to have the necessary skills for the future. The Cypriot MEP said that the EU aims for 80% of adults to have at least basic digital skills and that this is a prerequisite for the green and digital transition.

He noted that skills have nothing to do with age and that skills can be acquired both by students who should choose to study the right profession and by people who are already in the workforce and need to upgrade their skills as their jobs are being modernised.

The Cypriot MEP said that the EU takes the issue of specialisation very seriously in the future and that no one will be left behind. He stated that the aim is to have a targeted campaign taking into account also the gaps and mistakes made during the European Year of Youth for which young people across Europe when asked about their experiences replied that they feel like it was just a campaign “in the Brussels bubble”.

He emphasised that the goal is for everyone to benefit, all social groups and to involve employers and employees, university institutions, businesses and other stakeholders. The Cypriot MEP said that in the near future some professions will cease to exist and new ones will emerge and therefore the cooperation of the state and private sector is required in order to have full access to data concerning future needs in the labour market.

He also said that to this end, paid internships will also be enacted into law.

Fourlas said that events are planned in Cyprus in March and April, in the presence of EU Commissioners, to give the impetus for the EU campaign for the European Year.

Director General at Human Resource Development Authority of Cyprus, Yiannis Mourouzidis, national coordinator for the 2023 Year of Skills, said that everyone’s coordination and cooperation is required and that the goals set are in line with the Authority’s own goals for the development of knowledge and skills and for lifelong learning.

He said that a steering committee would be set up to coordinate all actions and oversee the cooperation of all stakeholders with the aim of maximising the benefit for all.

Source: Cyprus News Agency

March 4, 2023

President holds meetings with Cabinet members for priorities of new government

President Nikos Christodoulides continues his meetings with Ministers and Deputy Ministers in order to discuss the new government’s priorities.

Meetings began on Friday, will continue today and are set to conclude on Monday.

According to CNA sources, the priorities based on the government’s programme and specific goals for the first 100 days as well as the preparation of action plans for the implementation of the entire programme, are on the agenda.

This programme will be presented, within the framework of accountability and transparency, by each Minister and Deputy Minister.

Particular emphasis is placed on the need for a human-centered approach, as well as good management. The President is giving direction at these meetings on the important reforms that the Ministries and Deputy Ministries have before them as priorities and there is an overview of open issues that the new Government took over and which should be immediately addressed.

President Chistodoulides places special attention to the fact that everything needs to be done within the framework of maintaining fiscal discipline and has also called for a strict adherence to timely decision-making, coordination and implementation, as well as close cooperation with the Parliament.

Instructions are given for the preparation and updating of civil protection plans in cases of emergency.

Present at these meetings is Irene Piki, Deputy Minister to the President responsible for coordinating and monitoring the implementation of the government programme.

Source: Cyprus News Agency

March 4, 2023

Russia must be held accountable for its horrific crimes in Ukraine, EC President says

A conference is taking place this weekend in Ukraine to facilitate the set up of the International Centre for the Prosecution of Crimes of Aggression (ICPA) against Ukraine.

According to a press release by the European Commission, President of the EU Ursula von der Leyen said that “Russia must be held accountable for its horrific crimes in Ukraine and we must do everything in our power to bring the perpetrators to justice.”

The amended agreement of the existing Joint Investigation Team at Eurojust is being signed at a conference on accountability, which is taking place in Ukraine this weekend in order to facilitate the set up of the ICPA within its structure.

“I am proud that, at this conference, as a first step you will sign the agreement to set up the International Centre for the Prosecution of the Crime of Aggression in The Hague. The European Union will continue to work, with our partners, to ensure that Russia pays,” the European Commission’s President said.

Source: Cyprus News Agency