Stock Markets
Israel rescues four hostages in Gaza raid that Hamas says kills 210 Palestinians
By Maayan Lubell and Nidal al-Mughrabi
JERUSALEM/CAIRO (Reuters) -Israeli forces rescued four hostages held by Hamas since October in a raid in Gaza on Saturday that Palestinian officials said killed more than 200 people, one of the single bloodiest Israeli assaults of the eight-month-old war.
The hostage rescue operation and an intense accompanying air assault took place in central Gaza’s al-Nuseirat, a densely built-up and often embattled area in the conflict between Israel and Hamas, the Palestinian territory’s ruling Islamist group.
An Israeli military spokesperson said the operation took place in the heart of a residential neighbourhood in Nuseirat where Hamas had kept the hostages in two separate apartment blocks. Israel’s forces came under intense fire during the assault and responded by firing “from the air and from the street”, the spokesperson, Rear Admiral Daniel Hagari, said.
“We know about under 100 (Palestinian) casualties. I don’t know how many from them are terrorists,” he said in a briefing with journalists. A Israeli special forces commander was killed during the operation, a police statement said.
Gazan paramedics and residents said the assault killed scores of people and left mangled bodies of men, women and children strewn around a marketplace and a mosque.
Israel named the rescued hostages as Noa Argamani, 26, Almog Meir Jan, 22, Andrey Kozlov, 27, and Shlomi Ziv, 41. They were taken to hospital for medical checks and were in good health, the military said.
They were all kidnapped from the Nova music festival during the deadly raid by Hamas-led Palestinian militants on Israeli towns and villages near Gaza on Oct. 7, which precipitated the devastating war.
Hamas’ raid killed some 1,200 people, according to Israeli authorities, and Israel’s subsequent bombardment and invasion of Gaza has killed at least 36,801 Palestinians, according to an updated tally by the territory’s health ministry on Saturday.
CALL TO PRESIDENT
Gunmen took around 250 hostages back to Gaza on Oct. 7, more than 100 of whom were released in exchange for about 240 Palestinians held in Israeli jails during a week-long truce in November. There are 116 hostages left in the coastal enclave, according to Israeli tallies, including at least 40 whom Israeli authorities have declared dead in absentia.
The spokesperson for Hamas’ armed al-Qassam Brigades, Abu Ubaida, said some hostages were killed during the rescue operation. Hamas had earlier said it still held a large number of hostages.
Attempts by the United States and regional countries to forge a deal that would release all remaining hostages in return for a ceasefire have repeatedly failed as Israel presses its assault in Gaza. Fresh airstrikes in the southern city of Rafah hit homes later on Saturday, residents and Hamas officials said.
Israeli News 12 broadcast footage of Argamani reunited with her father, smiling and embracing him. Video of Argamani’s kidnapping, showing her shouting “Don’t kill me!” as she was driven into Gaza on a motorbike, had circulated soon after she was taken on Oct. 7.
A smiling Argamani was shown speaking by phone to Israeli President Isaac Herzog from hospital surrounded by family and friends, in footage released by the president’s office.
“Thank you for everything, thank you for this moment,” she said.
“I am so excited to hear your voice, it brings tears to my eyes … Welcome home,” Herzog said.
Poland praised the rescue of the hostages and said that one was a dual Israeli-Polish citizen.
BLOODY SCENES
A different picture unfolded back in Gaza, where Palestinian health ministry officials and local medics said that an Israeli military assault in Nuseirat had killed scores of people including women and children.
The ministry did not say how many of the fatalities were combatants.
The Hamas-run government media office in Gaza said later the death toll had risen to at least 210 Palestinians with many more wounded, after medics and health officials gave earlier tolls of up to 100 dead. There was no immediate confirmation of the highest figure from Gaza’s health ministry.
Social media footage that Reuters could not immediately verify showed bodies spilling entrails onto bloodstained streets.
“It was like a horror movie but this was a real massacre. Israeli drones and warplanes fired all night randomly at people’s houses and at people who tried to flee the area,” said Ziad, 45, a paramedic and resident of Nuseirat, who gave only his first name.
The bombardment focused on a local marketplace and the al-Awda mosque, he told Reuters via a messaging app. “To free four people, Israel killed dozens of innocent civilians,” he said.
Emergency response teams sought to ferry the dead and wounded to hospital in the nearby city of Deir al-Balah but many bodies were still lying in the streets, including around the market district, Ziad and other residents said.
Nuseirat, a historic Palestinian refugee camp, has been subjected to heavy Israeli bombing during the war and there has also been fierce ground fighting in its eastern areas.
The war has destabilised the wider Middle East, drawing in Hamas’s main backer Iran and its heavily armed Lebanese ally Hezbollah, which Israeli officials are threatening to go to war with on Israel’s northern border.
Stock Markets
BioAge Labs (BIOA) Azelaprag Trial Halt Raises Questions About Pre-IPO Disclosures – Hagens Berman
San Francisco, California–(Newsfile Corp. – December 25, 2024) – On December 9, 2024, just months after conducting an initial public offering in September 2024, BioAge Labs, Inc. (NASDAQ: BIOA) made the startling announcement that it was discontinuing a Phase 2 study for its lead product, azelaprag, intended to treat metabolic diseases such as obesity.
Hagens Berman has opened an investigation and urges investors in BioAge who purchased shares in the company’s IPO or on the open market and suffered substantial losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/bioa
Contact the Firm Now: BIOA@hbsslaw.com
844-916-0895
BioAge Labs, Inc. (BIOA) Investigation:
The investigation is focused on the propriety of BioAge’s disclosures about the safety data and other matters related to azelaprag, which the company said in its IPO documents has been “well-tolerated in 265 individuals across eight Phase 1 clinical trials.”
BioAge’s disclosures came into question after the market closed on December 6, 2024, when the company announced the discontinuation of the STRIDES Phase 2 clinical trial evaluating azelaprag in combination with tirzepatide for the treatment of obesity. BioAge said that liver transaminitis was observed in patients receiving azelaprag.
This news drove the price of BioAge shares down almost 80% on December 9, 2024.
“We’re focused on whether BioAge was transparent to investors about the azelaprag safety profile before the December 6 announcement,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in BioAge and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to frequently asked questions about the BioAge investigation, read more »
Whistleblowers: Persons with non-public information regarding BioAge should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email BIOA@hbsslaw.com.
# # #
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235182
Stock Markets
Celsius Holdings (CELH) Hit with Investor Class Action Amid Accusations of Oversold Inventory to Pepsi- Hagens Berman
CELH Investors with Losses Encouraged to Contact the Firm
San Francisco, California–(Newsfile Corp. – December 25, 2024) – Celsius Holdings (NASDAQ:), Inc. (NASDAQ: CELH) and certain of its C-Suite officers are embroiled in a securities class action lawsuit, claiming they misrepresented and concealed crucial information about the company’s financial performance, especially concerning its key customer, PepsiCo (NASDAQ:).
Hagens Berman is investigating the allegations and urges investors in Celsius who purchased shares and suffered substantial losses to submit your losses now.
Class Period: Feb. 29, 2024 – Sept. 4, 2024
Lead Plaintiff Deadline: Jan. 21, 2025
Visit: www.hbsslaw.com/investor-fraud/celh
Contact the Firm Now: CELH@hbsslaw.com
844-916-0895
Celsius Holdings, Inc. (CELH) Securities Class Action (WA:):
The lawsuit alleges that during the Class Period, Celsius failed to disclose to investors several critical points:
- Oversold Inventory: Celsius significantly oversold inventory to Pepsi beyond demand, leading to a potential drastic reduction in future purchases.
- Declining Sales: As Pepsi depleted its overstock, Celsius’ sales were projected to decline, impacting its financial health and outlook.
- Unsustainable Sales Rates: The sales rates to Pepsi were unsustainable and created a misleading impression of the company’s performance.
- Misleading Metrics: Consequently, Celsius’ business metrics and financial prospects were overstated
The situation came to light on May 28, 2024, when Celsius’ stock price plummeted nearly 13% following reports from Nielsen indicating slowed sales growth. Analysts highlighted the possibility of significantly reduced sales as Pepsi cut back its inventory.
The stock took another hit on September 4, 2024, dropping over 11% after a company presentation revealed a shortfall of $100 million to $120 million in Pepsi orders compared to the previous year. It was also disclosed that Pepsi had held several million excess cases over the last 18 months.
These revelations have led shareholder rights firm Hagens Berman to investigate the allegations.
“We’re investigating whether Celsius deliberately painted an overly optimistic picture of its relationship with Pepsi, misleading investors about the true state of its financial health and sales sustainability,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Celsius and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to frequently asked questions about the Celsius case and our investigation, read more »
Whistleblowers: Persons with non-public information regarding Celsius Holdings should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CELH@hbsslaw.com.
# # #
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235180
By Ank Kuipers
PARAMARIBO (Reuters) -Suriname’s fugitive former President Desi Bouterse has died aged 79, the country’s government said on Wednesday, almost a year after he fled authorities to avoid jail following his conviction over the murder of 15 political activists in 1982.
“The government has been informed through the family and its own investigations of the passing of Mr. D. Bouterse, ex-President of the Republic of Suriname,” Foreign Minister Albert Ramdin told Reuters.
The former leader died on Tuesday, the government said, without confirming where, or even in which country. Last week Surinamese authorities raided his home – where supporters gathered to pay their respects on Wednesday morning – but did not find him.
Surinamese President Chan Santokhi, who investigated the case as a police commissioner and later as justice minister, expressed condolences to Bouterse’s family and urged calm in a statement.
“In the spirit of the holiday season and year-end, the president calls on all to remain dignified and calm, maintain peace and order and engage in prayer in the spirit of these special days,” the statement said.
Bouterse dominated politics in the tiny South American country for decades, leading a coup in 1980 and finally leaving office in 2020.
In 2019 he and six others were convicted for their role in the 1982 murders of 15 leading government critics – including lawyers, journalists, union leaders, soldiers and university professors – for which Bouterse received a 20-year prison sentence.
Bouterse had claimed the murdered men were connected to a planned invasion of the former Dutch colony.
Following years of legal back and forth, Bouterse was ordered to report to prison in January but he did not show up on the appointed date.
Though Bouterse avoided prison by going on the run, Reed Brody, a U.S. war crimes prosecutor who monitored the case for the International Commission of Jurists, said justice had caught up with the convicted former president before he died.
“Thanks to the victims’ relatives and their supporters who never gave up, Bouterse will go down in history as a convicted murderer,” Brody said.
The former president’s family will make a statement later on Wednesday, members of his political party told journalists.
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