ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Vertiv Holdings Co Investors to Secure Counsel Before Important Deadline in Securities Class Action – VRT

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Vertiv Holdings Co (NYSE: VRT) between April 28, 2021 and February 23, 2022, inclusive (the “Class Period”) of the important May 23, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Vertiv 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 Vertiv class action, go to https://rosenlegal.com/submit-form/?case_id=4841 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 23, 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) Vertiv could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv’s earnings would be adversely impacted; and (3) as a result of the foregoing, defendants’ positive statements about Vertiv’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 Vertiv class action, go to https://rosenlegal.com/submit-form/?case_id=4841 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

Interest in Business Schools Survives Cost Perception and “Great Resignation”

Global survey defines pandemic-induced shifts in MBA and Business Master’s degrees

RESTON, Va., April 19, 2022 (GLOBE NEWSWIRE) —  The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today released its GMAC Prospective Students Survey – 2022 Summary Report, which explores how candidate preferences have shifted during the COVID-19 pandemic. The report was based on survey responses from more than 6,500 individuals worldwide who expressed interest in graduate business education in 2021. While cost remains a primary concern in today’s dynamic economy with brisk job market and rising inflation, candidates from around the globe continue to perceive graduate management education as a tried-and-true pathway to advance professionally and position themselves to achieve their goals, consistent with pre-pandemic levels. Globally, 4 out of 5 candidates stated that a graduate business degree allows them to stand out at work. Similarly, the full-time MBA program continues to be the most popular program option, with 1 out of 4 of all candidates preferring the two-year full-time format and another 1 in 5 preferring the one-year full time format.

“While the pandemic has altered aspects of the graduate management education landscape, the fundamental perceptions of the value of graduate management education generally and the MBA specifically continue to stay strong,” said Sangeet Chowfla, president and CEO of GMAC. “While there continue to be evolutions in candidates’ preferred study destinations, delivery formats, career paths and perceptions of admissions testing policies, if there were ever any concerns that the pandemic and its effects would diminish business school aspirants’ perceptions of the value of a degree, the latest GMAC findings of the Prospective Students Survey should help put them to rest.”

Other Key Findings

More candidates prefer to study closer to home while the U.S. and Europe intensify their competition for international candidates

More candidates from traditionally mobile markets are opting to study closer to home than they did before the pandemic. For example, among Central and South Asian candidates, the percentage who prefer to study internationally declined from 89 to 73 percent between 2019 and 2021. Among East and Southeast Asian candidates, preference to study internationally also declined from 92 to 87 percent between 2020 and 2021, a possible indication that studying abroad was limited due to the pandemic-fueled travel restrictions.

Among international candidates—candidates whose preferred study destination differs from their country of citizenship—virtually the same proportion said in 2021 that the United States and Western Europe is their preferred destination (39%, respectively). Among international MBA candidates specifically, the U.S. is the preferred destination of half (50%), expanding its lead over second place Western Europe (28%) between 2019 and 2021. In the meantime, Western Europe remains the preferred destination of more than half of international business master’s candidates.

Belief in the value of fully online education remains low while acceptance of hybrid formats increases

Candidates see higher value in the in-person business school experience compared with online as the share of surveyed candidates who prefer fully online programs stays flat. Among global prospective students surveyed in 2021, most disagree that online degree programs offer the same value as on-campus programs (73%). Nearly 4 in 5 disagree that the networking opportunities are equivalent, and 2 in 3 disagree that the career opportunities are the same. However, these negative views softened slightly between 2020 and 2021.

At the same time, preference for hybrid models has gone up significantly across candidate types, especially those who prefer Executive, Part-time, and Flexible MBA programs (44%, from 30% in 2019), but also those who want to study full-time to earn a business master’s (20%, from 13% in 2019) or MBA (13%, from 7% in 2019). Globally, 20 percent of candidates surveyed in 2021 prefer hybrid program delivery, up from 14 percent pre-pandemic. U.S. underrepresented minority candidates (28%) also express interest in hybrid programs, up significantly from the pre-pandemic level.

Consulting continues to top prospective student interests, but tech is still on the rise

Among candidates in the United States, where “the Great Resignation” has shaken up the job market, 42 percent identify themselves as “career switchers” ─ whose goal is to either change industries or job functions by pursuing a business degree ─ significantly higher than global levels at 32 percent. As it was pre-pandemic, consulting continues to be the top industry and job function both men and women candidates aspire to. But there is growing interest in the technology industry, especially among the career switchers (50%) and non-business undergraduate majors (49%). Furthermore, between 2019 and 2021, interest in tech also increased with women (29% to 34%).

“As people perceive work differently after the pandemic, many become more open-minded to the variety of possible career paths they could pursue. It is encouraging to see that more women are pursuing a business degree as a way to build careers in the tech industry,” said Joy Jones, chief product officer and general manager of assessments at GMAC. “Graduate business education continues to be in high demand because it opens the door to a wide array of industries and job functions, including areas that are less thought about or not previously considered by traditional candidates seeking to enter business schools.”

Test optional and waiver policies led to unintended consequences

Globally, most candidates agree that admissions exams improve the fairness and transparency of business school admissions. Most also agree that exams improve schools’ reliability in evaluating applicants and demonstrate the importance they place on the quality of the students they admit. A clear trend in survey responses is that international candidates view admissions testing especially favorably. About half say a school’s use of admissions exams is an indicator of the quality of the program and is an important criterion for considering applying to that school, and twice as many international candidates agree than disagree that admissions exams are an effective way to determine which students to admit. Additionally, about 2 in 5 prospective students agree that the criteria for test waivers are complex and do not apply to a large proportion of applicants, and about 1 in 3 say waivers disproportionately benefit candidates who are less prepared for a graduate business degree program.

“The data shows that prospective applicants have mixed feelings about test waiver and optional policies because of their complexity and perceptions of reduced transparency and fairness. This trend of perception is particularly acute amongst international students,” said Maite Salazar, chief marketing officer at GMAC. “The unintended consequences of test optional and waiver policies might be that they may adversely affect the perception of the commitment to student quality of programs that offer them.”

For more than a decade, the Prospective Students Survey has provided the world’s graduate business schools with critical insights into the decision-making processes of people currently considering applying to a graduate management education program through mba.com—the GMAC website for prospective graduate business students. This year, to increase the breadth and depth of prospective student voices reflected in this report, all individuals who registered for an mba.com account in the month prior were invited to the subsequent month’s survey. Additionally, for the first time, the sample of mba.com registrants was supplemented by prospective students who attended events hosted by The MBA Tour, visited the BusinessBecause website, or registered for the NMAT by GMAC exam in India—all also GMAC properties. Visit GMAC.com to read the full report.

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC creates solutions and experiences that enable business schools and candidates to better discover, evaluate, and connect with each other.

GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as tools, resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
202-390-4180 (mobile)
thsu@gmac.com

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/d3170b54-b044-4d0c-8850-b3334540861a

Zoom Whiteboard, the Collaboration Canvas for Hybrid Teams, Now Available

New Solution Enables Real-time and Asynchronous Dispersed Collaboration

SAN JOSE, Calif., April 19, 2022 (GLOBE NEWSWIRE) — Today, Zoom Video Communications, Inc. announced the general availability of Zoom Whiteboard, a modern digital canvas that provides a unified solution for collaboration and creation within the Zoom platform. Users can interact with the Zoom Whiteboard similar to an in-person experience, creating more visually engaging and efficient collaboration. With the global workforce embracing hybrid work environments across industries, there is an increased need for solutions that seamlessly foster ideation and teamwork among co-located and distributed colleagues. Zoom Whiteboard further broadens the capabilities of the Zoom platform for today’s hybrid workforce, including unified communications, Zoom Developer Platform, Zoom Events, Zoom Contact Center, and Zoom IQ for Sales.

“Collaboration tools are in high demand, and Zoom Whiteboard is sure to be a staple in the modern workforce,” said Dan Root, Senior Analyst of Visual Collaboration, Wainhouse Research. “Zoom brings over a decade’s worth of experience in exceptional video communications to this new solution, which businesses need to keep information flowing in a secure and easily-managed fashion.”

“Not only are we supporting customers as they adapt to this new phase of work, but we’re anticipating what comes next, and building platform solutions, like Zoom Whiteboard, to address it,” said Oded Gal, Chief Product Officer of Zoom. “Zoom Whiteboard is arming teams with the power of continuous communication in an easy-to-use solution that provides a virtual space to collaborate before, during, and after a meeting.”

Whiteboard Anytime, From Anywhere
Hybrid work presents challenges for working collaboratively as remote workers can’t see a physical whiteboard in the office and risk being left out. It can also be challenging to transport ideas and information across a broad audience.

Zoom Whiteboard is a visual collaboration tool designed to facilitate asynchronous and real-time collaboration, serving as a virtual space for teams to capture ideas and work together with freedom and flexibility. A web-based solution, users can effortlessly collaborate across a variety of devices – web browser, tablet, desktop, or Zoom Rooms for Touch. Tightly integrated with Zoom Meetings and Zoom Rooms for Touch devices like the DTEN D7 and Neat Board, with support for Zoom Chat coming soon, Zoom Whiteboard extends productivity well beyond the boundaries of a single meeting.

Complement your Zoom Rooms with a dedicated Companion Whiteboard, like the new DTEN ONboard, the first purpose-built interactive touch display for advanced whiteboarding coming soon.

Features Designed for Collaboration
Zoom Whiteboard comes with a host of easy-to-use features including:

  • Dashboard and easy sharing: Create new, manage existing, and share access to whiteboards. Zoom Whiteboard can be shared internally or externally with anyone that has a Zoom account, with the option to export and save.
  • Notes and comments: Use sticky notes to highlight important ideas.
  • Shapes and Connectors: Shapes are easily created, and connectors can be used to instantly attach those shapes.
  • Extendable Canvas: Create up to 12 pages with seamless navigation; users can easily add images.

To learn more about Zoom Whiteboard, please visit the Whiteboard page and read our blog.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Public Relations
Farshad Hashmatulla
Product PR Manager
press@zoom.us

Casio to Release EDIFICE Collaboration Model with TOM’S, Inspired by Luxury Sports Cars

TOKYO, April 18, 2022 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of the latest addition to the EDIFICE line based on the brand concept of “Speed and Intelligence.” TOM’S Limited Edition EQB-1100TMS is a collaboration model designed with TOM’S to evoke the luxury sports cars that are the team’s specialty.EQB-1100TMS

TOM’S is a top Japanese racing team competing in the most prestigious races in Japan, with a number of SUPER GT and SUPER FORMULA championships under its belt. The company also brings the technologies it cultivates for racing to its aftermarket parts and custom cars. With the TOM’S team needing watches that would allow members to share precise timing during races, Casio has been a sponsor since 2013 through EDIFICE, its line of timepieces inspired by a motorsports worldview.

The third collaboration between TOM’S and Casio, the EQB-1100TMS is a high-performance timepiece featuring a slim case at just 8.9mm and a design inspired by TOM’S luxury sports cars. The watch features a dial made of the carbon fiber so prevalent in motorsports and is accented with the TOM’S logo, second hand, and indicator hand in gold color for a look of rich luxury. Color gradation around the perimeters of the sapphire crystal and the inset dial at the 6 o’clock position recreates the changing color of a sports car’s titanium tail pipe when the exhaust heat causes the titanium to turn bluish. Every detail was created under TOM’S supervision, including the octagonal bezel finished with black ion plating and the gray ion-plated case and band, for a chic timepiece as impressive as the company’s luxury sports cars.

EQB-1100TMS

The EQB-1100TMS is also equipped with Mobile Link functions that pair via Bluetooth® to a smartphone. When used with the dedicated EDIFICE Connected app, the watch automatically adjusts the time and enables the wearer to use their smartphone to easily select any of approximately 300 cities for world time and display the time in two cities. The Tough Solar charging system converts light to power the watch for practicality and convenience.

Photo – https://mma.prnewswire.com/media/1797749/EQB_1100TMS.jpg

Photo – https://mma.prnewswire.com/media/1797751/EQB_1100TMS_1.jpg

TOM’S logo, second hand and indicator hand in gold color

Logo –  https://mma.prnewswire.com/media/1797750/TOM_S_hand_indicator_hand_gold_color.jpg

 

PLSE DEADLINE ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Pulse Biosciences, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important Monday Deadline in Securities Class Action – PLSE

NEW YORK, April 16, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Pulse Biosciences, Inc. (NASDAQ: PLSE) between January 12, 2021 and February 7, 2022, inclusive (the “Class Period”), of the important April 18, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Pulse 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 Pulse class action, go to https://rosenlegal.com/submit-form/?case_id=3409 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 18, 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) Pulse’s investigational device exemption study evaluating the use of the CellFX System to treat sebaceous hyperplasia lesions failed to meet its primary endpoints; (2) as a result, there was a substantial risk that the U.S. Food and Drug Administration would reject Pulse’s 510(k) submission seeking to expand the label for the CellFX System to treat sebaceous hyperplasia lesions; and (3) as a result of the foregoing, defendants’ positive statements about Pulse’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 Pulse action, go to https://rosenlegal.com/submit-form/?case_id=3409 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

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Grab Holdings Limited f/k/a Altimeter Growth Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – GRAB, GRABW

NEW YORK, April 16, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Grab Holdings Limited f/k/a Altimeter Growth Corp. (NASDAQ: GRAB, GRABW) between November 12, 2021 and March 3, 2022, inclusive (the “Class Period”), of the important May 16, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Grab 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 Grab class action, go to https://rosenlegal.com/submit-form/?case_id=3876 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 16, 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) Grab’s driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to “preemptively recalibrate driver supply”; (3) as a result, Grab’s financial results would be adversely impacted, including, among other things, a significant decline in revenue; and (4) as a result of the foregoing, defendants’ positive statements about Grab’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 Grab class action, go to https://rosenlegal.com/submit-form/?case_id=3876 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

ROSEN, A LEADING LAW FIRM, Encourages PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. Investors With Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – MYPS, MYPSW, ACAC

NEW YORK, April 16, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of investors of PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. (NASDAQ: MYPS, MYPSW, ACAC) who: (1) purchased, or otherwise acquired the securities of PLAYSTUDIOS between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired PLAYSTUDIOS securities pursuant to the PIPE offering; (2) held common stock of Acies as of May 25, 2021, and were eligible to vote at Acies’ June 16, 2021 special meeting; and/or (3) purchased or otherwise acquired PLAYSTUDIOS common stock pursuant to or traceable to the Acies’ Registration Statement and Proxy Statement issued in connection with the June 2021 Merger (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 June 6, 2022.

SO WHAT: If you purchased PLAYSTUDIOS 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 PLAYSTUDIOS class action, go to https://rosenlegal.com/submit-form/?case_id=5097 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 6, 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. 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) PLAYSTUDIOS was having significant problems with its flagship game, Kingdom Boss; (2) PLAYSTUDIOS would not be releasing Kingdom Boss as expected; (3) PLAYSTUDIOS had not revised its financial projections to account for the problems it had encountered with Kingdom Boss; and (4) as a result, defendants’ statements about PLAYSTUDIOS’ business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the PLAYSTUDIOS class action, go to https://rosenlegal.com/submit-form/?case_id=5097 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