ROSEN, LEADING TRIAL ATTORNEYS, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock 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 Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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 12, 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: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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.

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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 8846734

Integrated Transport Centre collaborates with Google to leverage AI data and technologies

ABU DHABI, 26th May, 2023 (WAM) — The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport in Abu Dhabi has signed two agreements with Google. The agreements showcase UAE’s efforts that aim towards advancing the country’s key AI priorities in the fields of research and sustainability. The announcement was made during an event at the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), where the ITC disclosed the launch of two initiatives, one of them being Project Green Light. An analytical system that utilises AI techniques by collecting and analysing traffic data at intersections and providing recommendations that improve the efficiency of traffic lights in the emirate to help reduce traffic congestion and CO2 emissions. As for the second initiative, Google’s AI Platform will be leveraged to analyse big data generated from Google Maps to forecast traffic, predict traffic congestion areas and develop proactive plans to minimise them. The ITC will also receive accurate real-time data on the status of accidents and areas of traffic congestion from Google Maps. The agreements were signed by Mohamed Hussain Karmastaji, Executive Director of the ITC’s ITS Sector, and Google’s Philipp Schindler, SVP and Chief Business Officer. The agreements state that the parties will cooperate on projects that utilise the power of AI in a manner that improves the quality of life in the Emirate of Abu Dhabi and contributes to reducing pollution and enhances the overall well-being of the population through designing, planning and implementing innovative transportation and mobility solutions that meet the present and future needs of society. Commenting on the collaboration, Karmastaji said that collaborating with Google will produce results that benefit road users in real-time. Project Green Light is a pilot project to develop an AI tool to harvest critical data on traffic conditions at intersections which will automatically optimise the efficiency of traffic light functions, helping to reduce vehicle congestion hot-spots and thus improve air quality across the emirate by lowering carbon emissions. “Through continued partnerships like this with government bodies, private sector partners, and community stakeholders, we are shaping a future where congestion is minimised, air quality is improved and our cities thrive in harmony with the environment. With the launch of new AI tools, we are taking a significant step towards enhancing the daily commute experience for residents. We are excited about the positive impact this will have on our city, and we look forward to collaborating with stakeholders to create a sustainable, intelligent transportation system,” he added. Karan Bhatia, Vice President for Government Relations and Public Policy at Google, commented, “Building AI responsibly must be a collective effort involving researchers, social scientists, industry experts, governments, and the public. There is so much we can accomplish, and so much we must get right together. We’re pleased to collaborate with partners in the UAE on research that will enhance Arabic representation in AI as we pursue sustainable development.”

Source: Emirates News Agency (WAM)

Israeli illegal settler in occupied West Bank kills Palestinian

An Israeli illegal settler in Hebron in the occupied West Bank shot dead a Palestinian civilian on Friday. The Palestinian Health Ministry stated that a Palestinian civilian was killed by an Israeli settler near the illegal “Tana Omrim” settlement. The identity of the slain Palestinian has not been shared.

Source: Jordan News Agency

Electricity Ministry: Restore government electricity supply to 6,000 houses

The Ministry of Electricity and Energy implemented today, Friday, a campaign to control the violating commercial electrical stations within the framework of the Capital Municipality.

Electricity and Energy Minister, Dr. Muhammad Ahmed Al-Bukhaiti, confirmed in a statement to the Yemeni News Agency (Saba) the continuation of the campaign to arrest violators of the pricing approved and announced by the Ministry of Electricity, and to replace the electric current with a government one.

He pointed out that the campaign to control the violating stations comes based on the judicial rulings issued by the Prosecution of Industry and Commerce against the violating stations in the interest of citizens, and not to expose them to the greed of private station dealers.

While the directors of electricity for the second region, Yahya Al-Saraji, and the third, Abdul Rahman Zaid, indicated that the campaign that was implemented today included the neighborhoods and lanes of Beit Muayad area, and Street 16.

Al-Saraji and Zaid noted the interaction of citizens with the campaign implemented by the Ministry of Electricity represented by the General Electricity Corporation and its affiliated regions, through their response to the Ministry’s campaign aimed at correcting the status of private commercial stations in accordance with the regulations and laws regulating that.

Source: Yemen News Agency

Health Ministry offers investment opportunities in health sector

The provision of health services in all its fields is no longer confined to the government sector only, but the private sector has become an active participant in it.

Investment in the health sector is considered one of the most important pillars of the national economy in many countries of the world, especially with the increasing population growth, and the accompanying continuous increase in spending on health services.

The investment opportunities include projects to equip the Center for Cardiac Diseases , Surgery and Cardiac Catheterization at a cost of three million, 487 thousand and 680 dollars.

Equipping the Center for Diseases and Surgery of the Digestive System and Liver Transplant at a cost of three million dollars, and equipping the Center for Kidney Transplantation and Urology at a cost of two million, 869 thousand and 825 dollars.

Equipping the neurosurgery center at a cost of two million dollars, equipping the center for orthopedic surgery and joint transplantation at a cost of one million 362 thousand and 715 dollars, and equipping the pediatric surgery center at a cost of 671 thousand and 650 dollars.

Public Health and Population Ministry held several meetings with investors and the leadership of the Chamber of Commerce and Industry in Amanat Al-Asimah in the framework of strengthening cooperation between the Ministry and the private sector and adopting such effective investment projects to advance the health sector, improve services provided to citizens and limit travel for treatment abroad.

Minister of Health, Dr. Taha Al-Mutawakel, affirmed the ministry’s keenness to integrate with the private sector and open a new door to achieving economic and investment development in the country.

He pointed out that health ministry has completed the matrix of investment projects offered to the private sector in various investment formats, in accordance with the latest international practices.

In turn, the Chairman of the Board of Directors of the Chamber of Commerce and Industry in the Municipality, Hassan Al-Kabous, affirmed the private sector’s readiness to invest in the proposed investment map projects, expressing the private sector’s welcome to invest in the pharmaceutical and medical field of all kinds.

While a number of investors expressed their hope that the Ministry of Health and the relevant authorities would take the initiative to study the obstacles facing investors in the health sector, work to overcome them, facilitate procedures, provide incentives and facilities.

And they considered offering seven opportunities for health projects to invest in as evidence that there is a vision, will and determination by the leadership of the Ministry of Health to improve the health situation and find opportunities that touch the concerns and aspirations of patients to limit travel for treatment abroad.

Al-Mutawakel has achieved many achievements, whether in infrastructure, rehabilitation of hospitals, improvement of medical services, or in combating epidemics and diseases, rehabilitation, training, provision of medical devices, equipment, the opening of many hospitals and health centers that were closed.

Source: Yemen News Agency

HRH Crown Prince Congratulates President of Guyana on his country’s Independence Day

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable of congratulations to the President of the Co-operative Republic of Guyana, Dr. Mohamed Irfaan Ali, on the anniversary of his country’s Independence Day.

In his cable, HRH the Crown Prince expressed his best felicitations and wished the President ongoing good health and happiness and the government and people of the Co-operative Republic of Guyana steady progress and prosperity

Source: Saudi Press Agency