Stock Markets
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Regeneron Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – REGN
New York, New York–(Newsfile Corp. – January 17, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Regeneron (NASDAQ:) Pharmaceuticals, Inc. (NASDAQ: REGN) between November 2, 2023 and October 30, 2024, both dates inclusive (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 March 10, 2025.
SO WHAT: If you purchased Regeneron 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 Regeneron class action, go to https://rosenlegal.com/submit-form/?case_id=33630 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 March 10, 2025. 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action (WA:) 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, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Regeneron paid credit card fees to distributors on the condition that distributors did not charge Eylea customers, one of Regeneron’s primary products, more to use a credit card; (2) these payments subsidized the prices that customers paid when using credit cards to purchase Eylea; (3) as a result, Regeneron offered a price concession that lowered Eylea’s selling price; (4) because retina practices were sensitive to higher prices when using credit cards to purchase anti-vascular endothelial growth factor (“anti-VEGF”) medications, Regeneron’s price concessions provided a competitive advantage; (5) as a result of the foregoing, Regeneron misleadingly boosted reported Eylea sales; (6) by failing to report its payment of credit card fees as price concessions, Regeneron overstated the Average Sales Price (“ASP”) reported to federal agencies, thereby violating the False Claims Act; and (7) as a result of the foregoing, defendants’ positive statements about Regeneron’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 Regeneron class action, go to https://rosenlegal.com/submit-form/?case_id=33630 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 (NASDAQ:): https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
——————————-
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237592
By Alexandra Alper and David Shepardson
WASHINGTON (Reuters) – U.S. lawmakers on both sides of the aisle hailed a ruling by the Supreme Court on Friday that upheld a law that gives popular Chinese-owned social media app TikTok until Sunday to be bought by an American company or be banned.
The justices unanimously ruled the law, passed by an overwhelming bipartisan majority in Congress last year and signed by Democratic President Joe Biden, did not violate the U.S. Constitution’s First Amendment protection against government abridgment of free speech.
The ruling was a blow for TikTok and for Republican President-elect Donald Trump, who takes office Monday and has been seeking a last-ditch solution to save the app, years after he launched the first unsuccessful bid to ban it.
“The Supreme Court’s unanimous decision sends a clear message … Protecting Americans from Foreign Adversary Controlled Applications Act is the law of the land,” Democratic Representative Frank Pallone said in a statement, adding that “TikTok and other Beijing-controlled applications present a major threat to our national security.”
Republican Senator Tom also applauded the decision, placing the blame for the app’s apparently imminent American demise on its Chinese parent ByteDance.
“ByteDance and its Chinese Communist masters had nine months to sell TikTok before the Sunday deadline,” Cotton said. “The very fact that Communist China refuses to permit its sale reveals exactly what TikTok is: a communist spy app.”
TikTok CEO Shou Zi Chew in a video released after the ruling thanked President-elect Donald Trump for his commitment to “work with us to find a solution including that keeps TikTok available in the United States.”
The Chinese Embassy in Washington did not immediately respond to requests for comment.
During his first term, Trump tried unsuccessfully to both ban TikTok and force its divestment amid fears the app could be used to spy on users for Beijing and concerns its prized algorithm could be used to censor content.
Trump is now scrambling with his advisors to come up with a way to save the app.
“We will put measures in place to keep TikTok from going dark,” Trump’s incoming national security adviser, U.S. Representative Mike Waltz, told Fox News’ “Fox & Friends” on Thursday.
Under the new law, lawyers say only Democratic President Joe Biden could give the app an up to 90 day extension on finding a buyer, something he appeared unlikely to do Friday.
“Given the sheer fact of timing, this Administration recognizes that actions to implement the law simply must fall to the next Administration, which takes office on Monday,” the White House said in a statement.
But lawmakers still urged the app be saved.
“Everyone – the Biden Administration, the incoming Trump Administration, even the Supreme Court – should continue working to find a way to find an American buyer for TikTok, so we can both free the app from any influence and control from the Chinese Communist Party and keep TikTok going, which will preserve the jobs of millions of creators,” Democratic Senator and minority leader Chuck Schumer said on the Senate floor prior to the Supreme Court decision.
Some Republicans echoed his remarks.
“If ByteDance cares about its users, the company will come to the table and help us make the deal of the century,” Republican Rep. John Moolenaar, chair of the China Select Committee, said in a statement.
Stock Markets
Burkhan World Investments Celebrates TSMC’s Stellar Earnings and Underpins Its Investment in Blaize Holdings, BZAI
Strategic Edge AI Investment in Blaize Reflects Confidence in Transformative Growth Opportunities
ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Burkhan World Investments (BWI), a leading global investment firm, congratulates Taiwan Semiconductor Manufacturing Company (TSMC) on its remarkable Q4 earnings. The stellar results underline the unparalleled growth trajectory in the semiconductor and advanced computing sectors, reaffirming BWI’s strategic focus on cutting-edge technologies, including Edge AI.
BWI’s investment in Blaize, a Nasdaq-listed pioneer in Edge AI technology (NASDAQ: BZAI), reflects its commitment to capitalizing on transformative opportunities in high-growth sectors. Blaize’s innovative solutions are driving significant advancements in industries such as automotive, industrial IoT, and smart cities by enabling real-time decision-making at the edge. The company is well-positioned to become a leader in the rapidly expanding Edge AI market, which represents one of the most significant growth opportunities in technology today.
TSMC’s Q4 revenue of $26.9 billion exceeded guidance by 2.3%, reflecting an impressive quarter-on-quarter growth of 14.3% and a year-on-year surge of 37.1%. Operating profits soared by 18% QoQ and 62% YoY, with gross profit margins climbing to 59% ” well above the company’s long-term target of 53%. These results showcase the surging global demand for advanced semiconductor solutions, driven by transformative technologies such as AI, 5G, and Edge computing.
TSMC’s exceptional performance underscores the tremendous opportunity in the semiconductor space, particularly as industries increasingly pivot toward AI-driven solutions, said Shahal Khan, CEO of Burkhan World Investments. As a firm, we recognized early on that the next explosion in the market would be at the Edge. Our investment in Blaize, a pioneering edge AI company, is a testament to our conviction in this transformative growth story.
Blaize’s cutting-edge technology is designed to address the rapidly expanding demand for Edge AI, offering unparalleled efficiency and scalability across industries such as automotive, industrial IoT, and smart cities. By enabling real-time decision-making at the edge, Blaize is positioned to drive the next wave of innovation, much like TSMC has done in the semiconductor industry.
BWI’s strategic investment in Blaize reflects a shared vision of harnessing technological innovation to create meaningful impact. Blaize, now listed on Nasdaq under the symbol BZAI, reinforces BWI’s confidence in the edge AI market, which is poised to reach unprecedented heights in the coming years.
The intersection of semiconductor advancements and AI represents one of the most significant opportunities of our time. TSMC’s exceptional results are not just a financial milestone but a signal of the industry’s critical role in shaping a smarter, more connected future. Similarly, Blaize’s breakthrough capabilities in Edge AI position it as a leader in the next frontier of AI innovation.
The synergy between semiconductor performance and edge AI growth is undeniable. As TSMC continues to redefine industry benchmarks, companies like Blaize will play a pivotal role in translating these advancements into real-world applications, added Khan.
Burkhan World Investments remains committed to identifying and supporting transformative opportunities in high-growth sectors, including AI and technology infrastructure, to capitalize on innovation and deliver value to its stakeholders.
About Burkhan World Investments Burkhan World Investments (BWI) is a global investment firm with a dual base in Miami and Abu Dhabi. BWI focuses on strategic investments in high-growth sectors, including AI, technology infrastructure, and sustainable innovation. With a commitment to driving meaningful impact, BWI partners with visionary companies to shape a smarter, more connected world.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250117008485/en/
Jaspreet Randhawa
MD & Head of Investments
jaspreet@burkhan.world
+971-58-511-3889
Source: Burkhan World Investments
SPOKANE, Wash.–(BUSINESS WIRE)–PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2024 on the company’s Common Stock (CUSIP# 737630103).
The dividend distributions, totaling $1.80 per share, are classified for income tax purposes as 100% Capital Gain Distributions (long-term 20% rate).
The table below summarizes the income tax treatment of the company’s 2024 dividends:
2024 Dividend Tax Reporting Information (Form 1099-DIV)
Record Date | Payable Date | Distribution Per Share | Long-Term Capital Gain (1) 20% Rate |
03/08/2024 | 03/29/2024 | $0.45 | $0.45 |
06/07/2024 | 06/28/2024 | $0.45 | $0.45 |
09/13/2024 | 09/30/2024 | $0.45 | $0.45 |
12/16/2024 | 12/31/2024 | $0.45 | $0.45 |
| Total (EPA:) | $1.80 | $1.80 |
Shareholders are encouraged to consult with their tax advisors as to their specific treatment of PotlatchDeltic (NASDAQ:) distributions.
(1) Form 1099-DIV box 2a. Pursuant to Treas. Reg. § 1.1061-6(c), the one-year and three-year amounts disclosures are $0.00 with respect to direct and indirect holders of applicable partnership interests, as all capital gain dividends relate to IRC Section 1231 gains.
About PotlatchDeltic
PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Investment Trust (REIT) that owns over 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland land sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to corporate responsibility. More information can be found at www.potlatchdeltic.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250117385031/en/
(Investors)
Wayne Wasechek
509-835-1521
(Media)
Anna Torma
509-835-1558
Source: PotlatchDeltic Corporation
Forex2 years agoForex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex2 years ago
How is the Australian dollar doing today?
- Forex2 years ago
Unbiased review of Pocket Option broker
- Forex2 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Cryptocurrency2 years ago
What happened in the crypto market – current events today
- World2 years ago
Why are modern video games an art form?
- Commodities2 years ago
Copper continues to fall in price on expectations of lower demand in China
- Forex2 years ago
The dollar is down again against major world currencies
