Tag Archive for: Action

ROSEN, SKILLED INVESTOR COUNSEL, Encourages International Business Machines Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – IBM

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NEW YORK, April 23, 2022 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation IBM between April 4, 2017 and October 20, 2021, inclusive (the “Class Period”), of the important June 6, 2022 lead plaintiff deadline.

SO WHAT: If you purchased IBM 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 IBM class action, go to https://rosenlegal.com/submit-form/?case_id=5104 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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. 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…

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SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in International Business Machines Corporation with Losses of $100,000 to Contact the Firm

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LOS ANGELES–()–The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against International Business Machines Corporation (“IBM” or “the Company”) (NYSE: IBM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between April 4, 2017 and October 20, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 6, 2022.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. IBM artificially inflated its Strategic Imperatives Revenue and growth, CAMSS (the sectors of “Cloud,” “Analytics,” “Mobile,” “Security,” and “Social”) revenue and growth, and other related business metrics through a scheme of wrongfully reclassifying revenues from non-strategic to strategic. The Company’s growth prospects in Strategic Imperatives were actually fueled by this reclassification scheme, not organic growth. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about IBM, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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T-Mobile Users Should Take Action After Data Hack, DC AG Warns

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DC Attorney General Karl Racine released a consumer alert, saying that victims of last year’s T-Mobile data breach should take necessary steps to avoid identity theft.

A large amount of personal information pertaining to T-Mobile users that was stolen in August 2021 was discovered to be for sale on the dark web, according to Racine’s statement issued on Wednesday, March 2.

Dark web is part of the internet, but requires specific software to access and is particularly popular among cyber criminals who seek to sell hacked information. 

T-Mobile announced on August 17, 2021, a massive data breach it suffered, saying that the sensitive personal data of millions of current, former, and prospective customers were compromised.

“The breach impacted more than 53 million individuals, including 243,680 District residents,” said the statement from Racine. “Among other categories of impacted information, millions had their names, dates of birth, Social Security Numbers, and driver’s license information compromised.”

Residents impacted by the cyber attack should place a fraud alert on their credit report, the Office of the Attorney General (OAG) said, adding that it would prompt lenders and creditors to take extra steps to verify the customer’s identity before issuing credit. 

To place a fraud alert, you can contact one of these credit companies:

+1 (888) 766-0008

+1 (888) 397-3742

+1 (800) 680-7289

You should also visit T-Mobile’s safety and identity theft protection webpage to learn more about common mobile fraud schemes and safety tips.

In addition, you can go to identitytheft.gov for assistance or contact OAG’s Office of Consumer Protection, if you believe you are a victim of identity theft.

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AWS and the NHL Unveil New Face-off Probability Stat to Bring Hockey Fans Closer to the Action on the Ice

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SEATTLE–()–Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and the National Hockey League (NHL) today announced Face-off Probability, a live, in-game NHL stat that will be displayed as a graphic that instantly shows the odds of a player winning a face-off and possession of the puck and displays them on screen for fans watching the broadcast of the game. Before the puck is dropped in a face-off, the Face-off Probability machine learning (ML) model identifies where on the ice a face-off is going to occur, and who will take the face-off, and determines the probability of each player winning the draw.

When play stops, the Face-off Probability model begins generating win probabilities for players who it predicts will take the upcoming face-off. The probabilities are based on metrics including the players on the ice, face-off location, and current game situation. Face-off Probability is one of the first ML driven stats developed for NHL Edge IQ, powered by AWS. Fans can learn more about how AWS is transforming the hockey industry with the NHL on the AWS NHL site.

The face-off is one of the most anticipated and contested moments in hockey. Late in the third period of a close game, when two players are face to face on the ice, waiting for the puck to drop deep in the zone, the tension is palpable. Whichever player wins possession can swing the momentum to his team and directly impact the game’s outcome. With Face-off Probability, fans and broadcasters now have data to back up their predictions and determine which player is most likely to win.

“We’re excited to showcase Face-off Probability as part of NHL Edge IQ,” said Dave Lehanski, NHL Executive Vice President, Business Development and Innovation. “Applying AWS’s machine learning services to game footage and official NHL data allows us to develop and share such analytics and insights as Face-off Probability, which provide new in-game analysis and predictions to enhance live broadcasts and take fans deeper into the game.”

The NHL’s new ML-driven Face-off Probability model, powered by AWS technology and created in partnership with the AWS ML Solutions Lab, uses…

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