What Now: For more information about our investigation and your shareholder rights, submit a form, email Aaron Dumas, Jr., or give us a call at (800) 350-6003.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders.

To be notified if a class action against The Estee Lauder Companies Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

Source: Crypto Insider

The Company has granted a 45-day option to the underwriters to purchase up to 225,000 additional Class A ordinary shares solely to cover over-allotments, if any. All of the Class A ordinary shares are being offered by the Company. The Class A ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to begin trading on April 2, 2024, under the symbol “ZBAO.” The offering is expected to close on April 3, 2024, subject to customary closing conditions.

EF Hutton LLC is acting as the sole book-running manager for the Offering.

A registration statement on Form F-1 relating to the Offering, as amended, was filed with the Securities and Exchange Commission (the “SEC”) (File Number: 333 -274431) and was declared effective by the SEC on March 29, 2024. The Offering is being made only by means of a prospectus, forming part of the effective registration statement. A preliminary prospectus relating to the Offering has been filed with the SEC. A copy of the final prospectus related to the Offering, when available, will be filed with the SEC and may be obtained from EF Hutton LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@efhutton.com or telephone at (212) 404-7002. In addition, a copy of the final prospectus, when available, relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Zhibao Technology Inc.

Zhibao Technology Inc. (“Zhibao” or the “Company”) is a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities (“Zhibao China Group”) in China. 2B2C (“to-business-to-customer”) digital embedded insurance is the Company’s innovative business model, which Zhibao China Group pioneered in China. Zhibao China Group launched the first digital insurance brokerage platform in China in 2020, which is powered by their proprietary PaaS (“Platform as a Service”).

Zhibao has developed more than 40 proprietary and innovative digital insurance solutions addressing different scenarios in a wide range of industries, including but not limited to travel, sports, logistics, utilities, and e-commerce. Zhibao China Group acquire and analyze customer data, utilize big data and artificial intelligence technology to continually iterate and enhance its digital insurance solutions. This iterative process, in addition to continually improving its digital insurance solutions, will keep the Company abreast of the new trends and customer preferences in the market.

For more information, please visit the Company’s website at www.zhibao-tech.com.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “is/are likely to,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

Contact Information:

For Media and Investor Relations      
Zhibao Technology Inc.
Investor Relations Office
ir@zhibao-tech.com

Skyline Corporate Communications Group, LLC
Scott Powell, President
Avenues Tower
1177 Avenue of the Americas, 5th floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com

Source: Crypto Insider

The stablecoin issuer’s BTC stack now tops 75,000 tokens worth about $5 billion.

Tether, the issuer of USDT, the world’s largest stablecoin based on market cap, added just shy of 8,889 bitcoin (BTC) in the first quarter, according to on-chain trackers such as Arkham Intelligence.

Though Tether made no official announcement of the action, a wallet believed to belong to the company shows as having 8,888.8888 bitcoin moved to it on March 31. Tether, of course, has made no secret of its intention to use a portion of its profits to acquire bitcoin.

That wallet is now the holder of 75,354 bitcoins worth about $5.2 billion at BTC’s current price of $69,000, putting Tether’s profit at roughly $3 billion.

Source: Crypto Insider

RaveVenn is the brainchild of visionary African American entrepreneur Bridgette Washington. Born in the legendary Chicago tech hub 1871, this social media platform is all about arming young adults (18-29) with the knowledge to make their voices heard at the ballot box.

IWN, with trailblazing founder Danté Hamilton at the helm, has been the secret sauce behind RaveVenn’s success. They built the app’s website (https://App.RaveVenn.com) and even helped Washington rock her online merch store to raise funds for development. But wait, there’s more! Hamilton went the extra mile and created Washington’s catchy “Whatchu RaveVenn About?” YouTube Short – talk about star power!

To supercharge RaveVenn’s speed and security, IWN moved them to a dedicated space on Google Cloud Platform. It’s like giving Washington the keys to her own digital fortress – awesome!

Hamilton’s support for RaveVenn is about way more than tech skills. He’s passionate about backing African American-owned businesses, especially women-led ones. In 2023, he kicked off an IWN program donating printing services to Black women entrepreneurs. Working with Washington is a perfect extension of that mission, and what better timing than Women’s History Month!

But Hamilton isn’t just about helping, he’s about teaching. Through his IWN.Haus initiative, he’s showing other Black-owned brands how to build their online stores and thrive in the digital world. Talk about sharing the wealth!

RaveVenn itself is built with the latest and greatest tech, ensuring it’s fast, secure, and ready to change the world. It’s designed to make complex issues easy to understand, helps young people track politicians’ votes, and has spaces for real, respectful conversations.

With the 2024 election looming, RaveVenn’s mission to fight fake news is more urgent than ever. This app is about giving young voters reliable info and the tools to spot the lies, so they can cast informed ballots.

Bridgette Washington, RaveVenn’s unstoppable CEO and Founder, is stoked about the partnership: “Danté Hamilton and IWN have been the dream team! Their tech skills and passion for Black businesses are why RaveVenn is ready to help young people own their power.”

Danté Hamilton, IWN Founder, echoes the excitement: “Backing RaveVenn and Bridgette is what we’re all about at IWN – helping underrepresented folks win online. This app is gonna change democracy, and we’re proud to be part of that.”

The RaveVenn revolution is coming! Join the movement and get on the waitlist at https://app.ravevenn.com.

About RaveVenn, LLC
RaveVenn is the social media platform where young voters go to get informed and get loud. It’s about reliable news, real talk, and making democracy work for everyone. RaveVenn… where democracy lives!® and whatchu RaveVenn about?® are registered trademarks of RaveVenn, LLC..

About Internet Webpages Newspaper, Inc. (IWN)
Internet Webpages Newspaper, Inc. (IWN) is an Illinois-certified Disadvantaged Business Enterprise (DBE) and Minority Business Enterprise (MBE). With a focus on diversity and inclusion, IWN helps businesses thrive through graphic design, web design, commercial print brokering, and more. They’re the tech wizards making magic happen for brands big and small.

Contact:

Danté Hamilton
Founder
Internet Webpages Newspaper, Inc. (IWN)
dante@iwn.haus
https://go.iwn.haus
+1 (773) 969-6769

Bridgette Washington
CEO/Founder
RaveVenn, LLC
bridgette@ravevenn.com
https://app.ravevenn.com
+1 (773) 270-1225

A video accompanying this announcement is available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/dfc30fd9-71a6-4959-94ed-626beeaf289f

Photos accompanying this announcement are available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/47f95755-11c0-4c92-a2f8-447874131968

https://www.globenewswire.com/NewsRoom/AttachmentNg/a8411296-aa60-4c1e-aeff-1a3436a6efa1

https://www.globenewswire.com/NewsRoom/AttachmentNg/6abbb233-7135-4823-8841-f4759ac64ea3

Source: Crypto Insider

The blockchain could see huge traction among retail audiences due to its proximity to the prominent Coinbase exchange, a sentiment that’s driving activity and growth of native Base tokens.

Crypto traders are seeking profit opportunities on the Base blockchain amid a meme coin-led frenzy for tokens issued on the network, several metrics show.

Base, built by crypto exchange Coinbase on OP Stack, went live for developers in August and initially saw muted growth. However, that has changed in the past few weeks, with funds locked on the network rising to nearly $1 billion on Tuesday from $450 million at the start of this month.

Blockchain scanners show that transactional activity is up threefold to over 1.5 million a day from an average of under 500,000 a day in the past few months. The number of unique addresses has doubled to 65,000 wallets.

Some market observers say direct access to Base from Coinbase’s exchange and wallet applications could make it the first network that retail users use, instead of the several other options – fueling a frenzy.

Prices of tokens such as cat-themed toshi (TOSHI), thank you base god (TYBG), normie (NORMIE) and brett (BRETT) have risen as much as 1,300% over the past week, data shows, crossing over $1 billion in cumulative trading volumes.

Tokens of technical projects such as decentralized exchange Aerodrome’s AERO and Seamless’ SEAM rose as much as 90% in the past week, CoinGecko data shows.

That has generated the network $1.8 million in fees over the past 24 hours. Social sentiment on X has bumped in tandem, with scores of traders calling for a rotation of capital to the relatively new network.

Meanwhile, the immense popularity of meme coins on Base has resulted in high gas fees, which exceeded the fees paid by users before the Dencun upgrade, Optimism developer Michael Silberling pointed out on X.

Most of the transactions came from meme coin trading and trading bots designed to buy tokens in the first few minutes after issuance, contributing to network congestion and stuck transactions last week.

Source: Crypto Insider

Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.

Crypto exchange CommEX, the owner of Binance’s former Russian operations, plans to completely shut down its website on May 10, according to a blog post on Monday.

CommEX said that it has already begun to suspend certain services. Starting Monday, new users will no longer be able to register on the platform, and asset transfer from the Binance platform will cease. The company has also discontinued its fiat and crypto deposit services.

“We advise users to promptly close positions, withdraw assets, and manage their assets on the platform,” the statement said.

Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns. The exchange officially launched the day before the news was announced. At the time, Binance said there would be no ongoing revenue split from the sale, and its founder, Changpeng Zhao, denied that he owned the exchange.

Source: Crypto Insider

Sự trỗi dậy của các công ty khởi nghiệp

Thuật ngữ “khởi nghiệp” thường đề cập đến một công ty trẻ đang ở giai đoạn phát triển ban đầu, thường được đặc trưng bởi việc cung cấp sản phẩm hoặc dịch vụ mới và tìm kiếm sự tăng trưởng nhanh chóng. Trong vài thập kỷ qua, hệ sinh thái khởi nghiệp đã đạt được sức hút to lớn, được thúc đẩy bởi những tiến bộ trong công nghệ, khả năng tiếp cận vốn và sự thay đổi hành vi của người tiêu dùng. Những yếu tố này đã hạ thấp rào cản gia nhập, cho phép các doanh nhân chuyển đổi tầm nhìn của họ thành những doanh nghiệp khả thi dễ dàng hơn bao giờ hết.

Đổi mới và đột phá

Khởi nghiệp phát triển nhờ sự đổi mới, giới thiệu những ý tưởng và giải pháp mới thách thức các ngành công nghiệp lâu đời. Từ công nghệ tài chính cách mạng hóa cách chúng ta quản lý tài chính cho đến việc cung cấp dịch vụ chăm sóc sức khỏe bằng công nghệ y tế, các công ty khởi nghiệp có tiềm năng phá vỡ các mô hình kinh doanh truyền thống và định hình lại toàn bộ các lĩnh vực. Khả năng xoay chuyển nhanh chóng, thích ứng với các điều kiện thị trường đang thay đổi và thử nghiệm các phương pháp tiếp cận mới mang lại cho họ lợi thế cạnh tranh trong việc thúc đẩy sự thay đổi.

Đặc điểm chính của khởi nghiệp thành công

Lãnh đạo có tầm nhìn: Các công ty khởi nghiệp thành công thường được dẫn dắt bởi những người sáng lập có tầm nhìn, những người đam mê giải quyết một vấn đề cụ thể hoặc giải quyết nhu cầu thị trường. Sự quyết tâm và khả năng truyền cảm hứng cho các nhóm và nhà đầu tư của họ là những yếu tố quan trọng dẫn đến thành công của công ty khởi nghiệp.

Thực hành linh hoạt và tinh gọn: Các công ty khởi nghiệp áp dụng các thực hành linh hoạt và tinh gọn để sử dụng hiệu quả các nguồn lực, lặp lại các sản phẩm hoặc dịch vụ của họ và phản hồi phản hồi của khách hàng. Cách tiếp cận lặp đi lặp lại này cho phép họ tinh chỉnh các dịch vụ của mình và phù hợp với nhu cầu thị trường.

Tập trung vào trải nghiệm của khách hàng: Lấy khách hàng làm trung tâm là dấu hiệu đặc trưng của các công ty khởi nghiệp thành công. Bằng cách hiểu sâu sắc đối tượng mục tiêu của mình và giải quyết các điểm yếu, các công ty khởi nghiệp có thể xây dựng cơ sở khách hàng trung thành nhằm thúc đẩy việc giới thiệu truyền miệng và tăng trưởng bền vững.

Tiếp cận nguồn tài trợ: Nguồn tài trợ đầy đủ là rất quan trọng để các công ty khởi nghiệp mở rộng quy mô và biến ý tưởng của họ thành hiện thực. Cho dù thông qua đầu tư mạo hiểm, nhà đầu tư thiên thần, huy động vốn từ cộng đồng hay tài trợ, đảm bảo nguồn tài trợ thường là bước ngoặt đối với các công ty khởi nghiệp.

Những thách thức mà các công ty khởi nghiệp phải đối mặt

Trong khi các công ty khởi nghiệp hứa hẹn về sự đổi mới và tăng trưởng, họ cũng phải đối mặt với một loạt thách thức có thể tạo nên hoặc phá vỡ thành công của họ:

Cạnh tranh khốc liệt: Bối cảnh khởi nghiệp có tính cạnh tranh cao, với nhiều dự án mạo hiểm đang tranh giành sự chú ý và thị phần. Tạo sự khác biệt và nổi bật trong một thị trường đông đúc có thể là một thách thức đáng kể.

Sự không chắc chắn về tài chính: Nhiều công ty khởi nghiệp phải vật lộn với sự bất ổn tài chính, đặc biệt là trong giai đoạn đầu khi doanh thu có thể không chắc chắn và chi phí có thể cao.

Thu hút nhân tài: Thu hút và giữ chân nhân tài hàng đầu có thể là một thách thức, đặc biệt khi cạnh tranh với các công ty lâu đời hơn có thể đưa ra các gói lương thưởng hấp dẫn hơn.

Rào cản pháp lý: Việc điều hướng các khuôn khổ pháp lý phức tạp có thể gây khó khăn cho các công ty khởi nghiệp, đặc biệt là trong các ngành được quản lý chặt chẽ như chăm sóc sức khỏe và tài chính.

Hệ thống hỗ trợ khởi nghiệp

Nhận thức được tầm quan trọng của các doanh nghiệp khởi nghiệp trong việc thúc đẩy đổi mới và tăng trưởng kinh tế, nhiều hệ thống hỗ trợ khác nhau đã xuất hiện để nuôi dưỡng các doanh nghiệp này:

Vườn ươm và Máy tăng tốc: Các chương trình này cung cấp sự cố vấn, nguồn lực và thường là tài trợ cho các công ty khởi nghiệp ở giai đoạn đầu, giúp họ cải tiến mô hình kinh doanh và đẩy nhanh tốc độ tăng trưởng.

Vốn mạo hiểm: Các công ty đầu tư mạo hiểm cung cấp vốn cho các công ty khởi nghiệp để đổi lấy vốn chủ sở hữu, cho phép họ mở rộng quy mô và tiếp cận các nguồn lực cần thiết để mở rộng.

Không gian làm việc chung: Không gian làm việc chung cung cấp cho các công ty khởi nghiệp môi trường làm việc linh hoạt và hợp tác, thúc đẩy kết nối và chia sẻ kiến ​​thức giữa các doanh nhân.

Sáng kiến ​​của chính phủ: Nhiều chính phủ cung cấp các khoản tài trợ, ưu đãi thuế và các chương trình để khuyến khích tinh thần kinh doanh và đổi mới trong nền kinh tế của họ.

Phần kết luận

Các công ty khởi nghiệp mới thể hiện tinh thần đổi mới, đột phá và khả năng. Khả năng của họ trong việc thách thức hiện trạng, tạo ra thị trường mới và định hình lại các ngành công nghiệp thể hiện sức mạnh của tinh thần kinh doanh trong việc thúc đẩy tiến bộ kinh tế và xã hội. Trong khi các công ty khởi nghiệp phải đối mặt với nhiều thách thức, hệ sinh thái hỗ trợ, tài trợ và nguồn lực hiện có ngày nay đã cải thiện đáng kể cơ hội thành công của họ. Khi chúng ta nhìn về tương lai, các công ty khởi nghiệp chắc chắn sẽ tiếp tục đóng một vai trò quan trọng trong việc định hình bối cảnh kinh doanh và mở rộng ranh giới của những gì có thể.

Pursuant to a share exchange agreement dated March 23, 2024 (the “SEA”), Birchtree has agreed to issue the parent company of Valkyrie Specialty, a private British Columbia company (“Valkyrie Holdco”), 5,000,000 common shares of Birchtree at a deemed price of $0.115 per share, in exchange for 425,926 common shares of Valkyrie Holdco at a deemed price of $1.35 per share. As conditions to closing, scheduled for March 29, 2024, (i) Birchtree will subscribe for an additional 370,000 common shares of Valkyrie Holdco at a price of $1.35 per share for ‎gross proceeds of $499,500, and (ii) Valkyrie Holdco will grant Birchtree the right to appoint a director of Valkyrie Holdco for as long as Birchtree owns or controls at least 500,000 of the issued and outstanding shares of Valkyrie Holdco (subject to adjustment pursuant to ‎customary corporate actions, if applicable).

Subsequent to the transactions contemplated by the SEA, ‎Birchtree will hold, on a non-diluted basis, 30.6% of the issued and outstanding shares of Valkyrie Holdco, and Valkyrie Holdco will hold, on a non-diluted basis, 6.0% of the issued and outstanding shares of Birchtree.

About Birchtree

Birchtree is an investment company with the long-term goal of divesting its investment assets at a profit. For more information, please see Birchtree’s continuous disclosure documents available under the Company’s SEDAR+ profile at www.sedarplus.com.

For more information, please contact:

Vitali Savitski
Chief Executive Officer
Birchtree Investments Ltd.
Tel: (416) 300-0625
Email: birchtreeinvestmentsltd@gmail.com

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy of accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contain herein.

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information relates to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events.

There can be no assurance that any new investment by the Company will ‎be completed or the timing of any ‎new investment. Completion of any transaction will be subject to, amongst other things, ‎negotiation and execution of definitive agreements, applicable ‎director, shareholder ‎and ‎regulatory approvals.‎

Unless otherwise specified, all dollar amounts in this press release are expressed in ‎Canadian ‎dollars.

Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward-looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: statements with respect to the closing of the transactions contemplated by the SEA.

These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the failure of the Company to receive the required corporate and regulatory approvals, and all ‎conditions to closing being satisfied or waived, as well as those risk factors discussed or referred to in the Company’s disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking statements are expressly qualified in its entirety by this cautionary statement. The forward-looking statements included in this news release is made as of the date of this news release. The Company does not undertake to update any forward-looking statement referred to herein, except in accordance with applicable securities laws.

Source: Crypto Insider

The class action concerns whether Lyft and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until May 6, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired Lyft securities between 4:05 p.m. and 4:51 p.m. on February 13, 2024 (the “Class Period”). A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

On February 13, 2024, at 4:05 p.m., Lyft issued a press release reporting its financial and operating results from the fourth quarter of 2023. The press release stated that Lyft anticipated an “[a]djusted EBITDA margin expansion . . . of approximately 500 basis points year-over-year.” In fact, Lyft only anticipated a 50-basis-point margin expansion. Following Lyft’s misstatement, the Company’s stock priced surged from its closing price of $12.13 per share to a high of $20.25 per share in aftermarket trading. On that same day, Lyft hosted a scheduled conference call to discuss the Company’s results, during which Chief Financial Officer Erin Brewer acknowledged and corrected the error in Lyft’s earnings release and clarified that the Company anticipated margin expansion of only 50 basis points, not 500. The Company subsequently issued a corrected earnings release at 6:02 p.m. on that same day.

Following Lyft’s correction of its error, the Company’s stock price fell $0.27 per share, or 2.18%, to close at $12.13 per share, damaging investors on February 13, 2024.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980

Source: Crypto Insider

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of InMode Ltd. (NASDAQ: INMD) between June 4, 2021 and October 12, 2023, both dates inclusive (the “Class Period”), of the important April 15, 2024 lead plaintiff deadline.

SO WHAT: If you purchased InMode 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 InMode class action, go to https://rosenlegal.com/submit-form/?case_id=22575 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 15, 2024. 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: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) InMode heavily discounts almost every device it sells; (2) demand for InMode’s products was driven by InMode’s willingness to discount its products; (3) InMode violated U.S. Food and Drug Administration (“FDA”) regulations by engaging in off-label marketing and promoting products for treatment of indications for which they lack FDA approval; and (4) InMode violated FDA regulations by failing to timely report injuries caused by its devices. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the InMode class action, go to https://rosenlegal.com/submit-form/?case_id=22575 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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
case@rosenlegal.com
www.rosenlegal.com

Source: Crypto Insider