Day: June 15, 2022

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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Dentsply Sirona Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – XRAY

NEW YORK, June 15, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Dentsply Sirona Inc. (NASDAQ: XRAY) between June 9, 2021 and May 9, 2022, both dates inclusive (the “Class Period”), of the important August 1, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Dentsply 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 Dentsply class action, go to https://rosenlegal.com/submit-form/?case_id=6111 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 August 1, 2022. 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) defendants orchestrated a scheme to inflate Dentsply’s revenue and earnings by manipulating its accounting for a distributor rebate program in order for senior executives to be eligible for significant cash and stock-based incentive compensation; (2) in order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the Class Period; (3) accordingly, Dentsply’s financial statements were not prepared in accordance with GAAP and SEC rules, and Dentsply’s internal controls over financial reporting were deficient throughout the Class Period; and (4) as a result of defendants’ misrepresentations, Dentsply’s common stock traded at artificially inflated prices during the Class Period. As a result of the foregoing, When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Dentsply class action, go to https://rosenlegal.com/submit-form/?case_id=6111 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.

——————————–

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

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IRNT TUESDAY DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages IronNet, Inc. Investors With Losses to Secure Counsel Before Important June 21 Deadline in Securities Class Action – IRNT

NEW YORK, June 15, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of IronNet, Inc. (NYSE: IRNT) between September 15, 2021 and December 15, 2021, inclusive (the “Class Period”), of the important June 21, 2022 lead plaintiff deadline.

SO WHAT: If you purchased IronNet 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 IronNet class action, go to https://rosenlegal.com/submit-form/?case_id=5641 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 21, 2022. 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 made false and/or misleading statements and/or failed to disclose that: (1) IronNet had materially overstated its business and financial prospects; (2) IronNet was unable to predict the timing of significant customer opportunities which constituted a substantial portion of its publicly-issued FY 2022 financial guidance; (3) IronNet had not established effective disclosure controls and procedures to reasonably ensure its public disclosures were timely, accurate, complete, and not otherwise misleading; and (4) as a result, defendants’ public statements were materially false, misleading, and/or lacked any reasonable basis in fact at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the IronNet class action, go to https://rosenlegal.com/submit-form/?case_id=5641 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.

——————————–

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

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McKinsey & Company’s new research shows the metaverse could grow up to $5 trillion in value by 2030

‘Value Creation in the Metaverse’ report examines the massive, global impact of the metaverse across key sectors and businesses

NEW YORK and LONDON and PARIS, June 15, 2022 (GLOBE NEWSWIRE) — McKinsey & Company released its new report “Value creation in the metaverse,” which shows the metaverse may be too big to ignore. McKinsey’s preliminary forecast shows the metaverse has the potential to grow up to $5 trillion in value by 2030. It shows e-commerce as the largest economic force ($2.6 trillion), ahead of sectors such as virtual learning ($270 billion), advertising ($206 billion), and gaming ($125 billion).

As companies of all different shapes and sizes look to enter the metaverse, this extensive report provides a clear view of what the metaverse is and is not, what first movers are doing, what’s fueling the investment, and the potential for consumer and B2B companies.

The report builds on multiple proprietary insights and analysis, including a survey of more than 3,400 consumers and executives on adoption of the metaverse, its potential, and its likely impact on behavior. The researchers also interviewed metaverse builders and industry experts.

“The metaverse represents a strategic inflection point for companies, and it presents a significant opportunity to influence the way we live, connect, learn, innovate, and collaborate,” said Eric Hazan, senior partner, McKinsey & Company. “Our ambition is to help leaders of both consumer and B2B companies better understand its power and potential, identify strategic imperatives, and act as a force for its evolution.”

What’s fueling the metaverse investment
Already this year, companies, venture capital, and private equity firms have invested more than $120 billion in the metaverse—more than double the $57 billion invested in all of last year.

Multiple factors are driving this investor enthusiasm:

  • ongoing technological advances across the infrastructure required to power the metaverse
  • demographic tailwinds
  • increasingly consumer-led brand marketing and engagement
  • increasing marketplace readiness as users explore today’s version of the metaverse, which is largely driven by gaming while applications emerge in socializing, fitness, commerce, virtual learning, and other uses

Already, more than three billion gamers worldwide have access to different versions of the metaverse.

“While the idea of connecting virtually has been decades in the making, it is now increasingly real, meaning real people are using it and spending real money and companies are betting big,” said Lareina Yee, senior partner, McKinsey & Company. “Yet this booming interest has made it difficult to separate hype from reality. It’s worth remembering that while the bust of the first dot-com boom resulted in the disappearance of scores of companies, the internet itself went from strength to strength, giving rise to new entrants.”

Consumers are already engaging in the metaverse
Consumers are already there. McKinsey’s research shows consumers are excited about transitioning life into the metaverse, with almost six in ten (59%) consumers preferring at least one metaverse experience over its physical alternative.

Among those consumers, certain types of activities stand out for being most preferred in the immersive world:

  • shopping—purchasing physical or virtual goods (79%)
  • attending virtual social events or playing social games (78%)
  • exercising using virtual reality (76%)

Senior leaders believe the metaverse will have a significant impact on their industry
Business leaders see the metaverse’s potential to drive impact and margin growth. Ninety-five percent of leaders say they expect the metaverse to have a positive impact on their industry within five to ten years, with 31 percent saying the metaverse will fundamentally change the way their industry operates. More significantly, a quarter of leaders expect the metaverse technology to drive more than 15 percent of their organization’s total margin growth in the next five years.

“The metaverse has put us at the cusp of the next wave of digital disruption,” said Tarek Elmasry, senior partner, McKinsey & Company. “It’s transformative. It will likely have a major impact on our commercial and personal lives, which is why businesses, policy makers, consumers, and citizens may want to explore and understand as much as they can about this phenomenon, the technology that will underpin it, and the ramifications it could have for our economies and wider society.”

For more insights and to read the full report, please click here.

About the report
McKinsey surveyed more than 3,400 consumers and senior executives across Asia–Pacific, China, Europe, and the United States to gain insight into the habits of current metaverse users—their motivations, what they are doing, and what they expect to do. In analyzing the metaverse’s value-creation potential and total investment landscape, we examined the drivers of activity among major corporations, venture capital, and private-equity funds. We examined the potential impact of the metaverse on sectors most closely tied to its technology and uses, supplementing our work with additional research, case studies, and real-world examples. The report also includes an in-depth analysis of five industries: apparel, fashion, and luxury; consumer packaged goods; financial services; retail; and telecommunications, media, and technology.

About McKinsey & Company
McKinsey & Company is a global management consulting firm committed to helping organizations realize sustainable, inclusive growth. We work with clients across the private, public, and social sectors to solve complex problems and create positive change for all their stakeholders. We combine bold strategies and transformative technologies to help organizations innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for in this generation and the next.

About Growth, Marketing & Sales, McKinsey & Company
The mission of McKinsey’s Growth, Marketing & Sales Practice is to help leaders of both consumer and business-to-business clients create Growth That Matters through meaningful transformations and marketing-driven profit. The practice helps its clients set their strategic direction, develop their marketing and sales capabilities, and connect their organization to realize the full potential of today’s omnichannel opportunities. Clients benefit from McKinsey’s experience in core areas of growth, marketing and sales such as growth strategy, branding, customer insights, marketing ROI, digital marketing, CLM, pricing, and sales and channel management.

For more information, please contact
US media contact: MaryLiz Ghanem, DiGennaro Communications, McKinsey-DiGennaro@digennaro-usa.com, +1 917 518 8422

UK media contact: Ruth Jones, 3THINKRS, mckinsey@3thinkrs.com, +44 0208 0872843

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Casio to Release G-SHOCK Featuring Successive Master of G Characters

DW-5600GU-7

Signature characters brought back to life in camouflage design

TOKYO, June 15, 2022 /PRNewswire/ — Casio Computer Co., Ltd. announced today the latest addition to its G-SHOCK shock-resistant watches. The DW-5600GU-7 features past characters from Master of G models designed for use on land and in the sea and air, all distilled into one timepiece.

DW-5600GU-7

The face and band of the DW-5600GU-7 are entirely covered in a camouflage design styled from iconic characters once engraved on the case back of Master of G watches. Of all G-SHOCK watches, the Master of G line has won over adventurers looking to challenge the limits of toughness. This latest addition brings back to life 18 of the line’s characters, including the iconic frog from the FROGMAN series, the mole from the MUDMAN series, as well as the RANGEMAN wild cat. The band and bezel are specially designed to feature the distinctive traits of each character, making them easy to recognize amid the camouflage.

These highly individual characters are laid out in a camouflage design with a basic black-and-white color scheme for a stylish, cool design.

Layout designed to make characters easy to recognize

Photo – https://mma.prnewswire.com/media/1838136/1.jpg
Photo – https://mma.prnewswire.com/media/1838137/2.jpg
Photo – https://mma.prnewswire.com/media/1838138/3.jpg

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President calls for adopting IT tools for rapid development

President Dr. Arif Alvi has stressed the need to accelerate the pace of adopting emerging Information Technology tools for rapid socio-economic development of the country.

Addressing 10th Convocation of the Karakoram International University in Gilgit on Wednesday, he said Pakistan can achieve fast-paced socio-economic growth within a short span of time by focusing on the human resource development of its youth and equipping them with marketable skills.

The President underlined need to financially empower women by including them in the mainstream of the economy and providing them jobs in different professions.

The President also distributed medals among best performing students on the occasion.

Source: Radio Pakistan

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Govt working on promotion of Sikh tourism: Sanaullah

Interior Minister Rana Sanaullah Khan says incumbent government is working on different proposals to promote Sikh tourism in the country in lines with the vision of Prime Minister Shehbaz Sharif.

Talking to a delegation of Sikhs of America in Islamabad on Wednesday, he said the government will issue long-term multiple entry visas to the Sikh pilgrims coming to Pakistan.

The Minister also expressed grave concern over rising incidents of religious extremism and oppression of minorities by BJP-led government in India.

During the meeting, President of Sikhs of America Jasdeep Singh lauded Pakistani government for providing E-Visa facility to the Sikh pilgrims and termed Kartarpur corridor as a great gift for the Sikh community.

He said Sikh pilgrims coming to Kartarpur are facing difficulties due to strict policies of Indian government.

The meeting also discussed various issues related to inter-religious harmony, extension of Darbar Baba Gurunanak and Kartarpur corridor.

Meanwhile, talking to a news channel, Minister for Interior Rana Sanaullah said that PTI chief Imran Khan is on protective bail in almost 19 cases registered in Islamabad and 16 in Punjab province.

He said that Imran Khan’s long march story has miserably failed because the citizen of Islamabad refused to support him for sit-ins and marches. The minister said the Imran Khan’s narrative of foreign conspiracy is false and rejected by the state institutions.

Answering a question, he said that the government has reviewed the case against Moonis Elahi which was registered in PTI government.

Source: Radio Pakistan

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PM directs to sort out all unresolved issues of AJK, GB

Adviser on Kashmir Affairs and Gilgit Baltistan Qamar Zaman Kaira called on Prime Minister Shehbaz Sharif in Islamabad on Wednesday.

Minister for Economic Affairs Sardar Ayaz Sadiq was also present on the occasion.

During the meeting, the Prime Minister was briefed about the various administrative, financial, and development issues of Azad Kashmir and Gilgit Baltistan.

 The Prime Minister directed to sort out all the unresolved issues in consultation with the officials of the Planning Commission and the Finance Division at the earliest. He also instructed to utilize all available resources in this regard.

Besides, views were exchanged on overall political and economic situation of the country.

Source: Radio Pakistan

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Kyocera Document Solutions Inc. Selects Anaqua for Integrated IP Management

Global document solutions provider to use Anaqua’s AQX platform to help manage and optimize its extensive patent portfolio

BOSTON, June 14, 2022 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property management solutions, today announced that global document solutions provider Kyocera Document Solutions Inc. has selected Anaqua’s AQX platform for integrated management of the company’s extensive patent portfolio.

Headquartered in Osaka, Japan, Kyocera Document Solutions Inc. provides customers worldwide with a range of products, business applications, and consultative services to optimize and manage their document workflow, greatly enhancing operational efficiency.

Kyocera Document Solutions Inc. chose Anaqua’s AQX Corporate platform as its primary patent management system with patent annuity payments from Anaqua Services fully integrated to unify patent management and payment management. Through this integrated functionality of the AQX Corporate platform and the availability of detailed, up-to-the-minute data visualization dashboards, Kyocera Document Solutions Inc. will be able to better manage, maintain and optimize the value of its portfolio.

“We were looking for an integrated approach that would enable us to manage our patent portfolio more efficiently and holistically,” said General Manager of Legal and Intellectual Property Division, Seitaro Yoshida of Kyocera Document Solutions Inc. “AQX’s comprehensive intellectual property management platform enabled global IP management for us. During implementation, Anaqua and Kyocera Document Solutions Inc. worked closely together to build up a new workflow. Anaqua listened and were responsive to our needs, enabling us to achieve the best fit for our operations.”

“We are delighted to have been selected by Kyocera Document Solutions Inc. to help them manage their IP as the company continues in its goal of helping other organizations around the world put knowledge to work to drive change,” said Bob Romeo, CEO of Anaqua. “The agreement not only reflects our strength in the business solutions sector, but also our increasing role in the Japanese market, where more and more companies are entrusting Anaqua with their IP management.”

About Anaqua
Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

About Kyocera Document Solutions Inc.
Kyocera Document Solutions Inc. is a global leading provider of total document solutions based in Osaka, Japan. The company’s portfolio includes reliable and eco-friendly MFPs and printers, as well as business applications and consultative services which enable customers to optimize and manage their document workflow, reaching new heights of efficiency. With professional expertise and a culture of empathetic partnership, the objective of the company is to help organisations put knowledge to work to drive change.

Kyocera Document Solutions Inc. is a group company of Kyocera Corporation (Kyocera), a leading supplier of semiconductor packages, industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2022, the Kyocera Group’s consolidated sales revenue totaled 1.8 trillion yen (approx. US$15.1 billion). Kyocera is ranked #665 on Forbes magazine’s 2022 “Global 2000” list of the world’s largest publicly traded companies, and has been named by The Wall Street Journal among “The World’s 100 Most Sustainably Managed Companies.”

Company Contact:
Amanda Hollis
Communications Director
Anaqua
617-375-2626
ahollis@Anaqua.com