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GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Norfolk Southern Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NSC

NEW YORK, April 30, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Norfolk Southern Corporation (NYSE: NSC) between October 28, 2020 and March 3, 2023, both dates inclusive (the "Class Period"), of the important May 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Norfolk Southern 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 Norfolk Southern class action, go to https://rosenlegal.com/submit–form/?case_id=12322 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 15, 2023. 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: During the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company's Precision Scheduled Railroading ("PSR"), including its use of longer, heavier trains staffed by fewer personnel, had led to the Company suffering increased train derailments and a materially increased risk of future derailments; (2) the Company's PSR, including its use of longer, heavier trains staffed by fewer personnel, was part of a culture of increased risk–taking at the expense of reasonable safety precautions due to the Company's near–term focus solely on profits; (3) the Company's PSR, including its use of longer, heavier trains staffed by fewer personnel, rendered the Company more vulnerable to train derailments and train derailments with potentially more severe human, financial, legal, and environmental consequences; (4) the Company's capital spending and replacement programs were designed to prioritize profits over the Company's ability to provide safe, efficient, and reliable rail transportation services; (5) the Company's lobbying efforts had undermined the Company's ability to provide safe, efficient, and reliable rail transportation services; (6) the Company's commitment to reducing operating expenses as part of its PSR goals undermined worker safety and the Company's purported "commitment to an injury free workplace" because the Company's PSR plan prioritized reducing expenses through fewer personnel, longer trains, and less spending on safety training, technology, and equipment such as hot bearing wayside detectors (a/k/a "hotboxes") and acoustic sensors; (7) the Company's rail services were, as a result of its adoption of PSR principles, more susceptible to accidents that could cause serious economic and bodily harm to the Company, the Company's workers, the Company's customers, third parties, and the environment; (8) the Company had failed to put in place responsive practices and procedures to minimize the threat to communities in the event that these communities suffered the derailment of a Norfolk Southern train carrying hazardous and toxic materials; and (9) as a result, defendants' Class Period statements detailed above regarding the safety of Norfolk Southern's operations were materially false and/or misleading.

To join the Norfolk Southern class action, go to https://rosenlegal.com/submit–form/?case_id=12322 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


GLOBENEWSWIRE (Distribution ID 8828189)

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Fox Corporation Investors to Inquire About Class Action Investigation – FOX, FOXA

NEW YORK, April 30, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Fox Corporation (NASDAQ: FOX, FOXA) resulting from allegations that FOX may have issued materially misleading business information to the investing public. The prospective class includes those who purchased FOX call options and/or sold put options.

SO WHAT: If you purchased FOX securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=13327 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.

WHAT IS THIS ABOUT: In the wake of the 2020 U.S. Presidential Election, Dominion Voting Systems sued FOX for defamation. Dominion's lawsuit alleges that FOX defamed Dominion's business by endorsing, repeating or broadcasting a series of "verifiably false yet devastating lies about Dominion." Dominion claims that various statements that were made on FOX News, including that Dominion committed election fraud by rigging the 2020 election, that Dominion's software and algorithms manipulated vote counts in the 2020 election, that Dominion was founded for the purpose of rigging elections, and that Dominion paid kickbacks to government officials who used its machines, were defamatory and false. Dominion and Fox eventually agreed to settle the case for $787 million.

Beginning in February 2023, specific details emerged of internal discussions at FOX in the wake of the 2020 election, revealing that FOX's senior leaders understood that claims to the effect that Dominion and other entities had rigged the 2020 election were false. As a consequence, FOX faces significant potential legal liability.

As a result of ongoing revelations about FOX's legal exposure in the Dominion lawsuit, FOX's Class A stock has declined from a closing price of $37.03 on February 17, 2023 to a closing price of $32.52 on March 15, 2023, a 12% decline. FOX's Class B stock has declined from a closing price of $34.22 on February 17, 2023 to a closing price of $29.83 on March 15, 2023, a 12% decline.

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.

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


GLOBENEWSWIRE (Distribution ID 8828165)

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Alphabet Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – GOOG, GOOGL

NEW YORK, April 30, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alphabet Inc. (NASDAQ: GOOG, GOOGL), the parent company of Google, between February 4, 2020 and January 23, 2023, both dates inclusive (the "Class Period"), of the important May 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Alphabet 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 Alphabet class action, go to https://rosenlegal.com/submit–form/?case_id=13312 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 15, 2023. 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 throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Alphabet used its dominance in the field of digital advertising to disadvantage website publishers and advertisers who used competing advertising products; (2) the foregoing conduct was anticompetitive in nature and likely to draw significant regulatory scrutiny; (3) Alphabet's revenues were unsustainable to the extent that they were the product of said anticompetitive conduct; (4) Alphabet's conduct, once revealed, would negatively impact the Company's reputation and expose it to a heightened risk of litigation and regulatory enforcement action; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Alphabet class action, go to https://rosenlegal.com/submit–form/?case_id=13312 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


GLOBENEWSWIRE (Distribution ID 8828202)

Media Freedom is Vital but have we Passed Peak Press?

By Farhana Haque Rahman
TORONTO, Canada, Apr 30 2023 – Peak oil was first up, followed by peak gas, gold and others, as if the world was draining natural resources like toilet roll panic buying in a lockdown supermarket. But should we now be worried about Peak Press?

Farhana Haque Rahman

Shifting and even intangible is it possible that we are already sliding downhill, and that moment of peak media freedom is disappearing in the rear-view mirror?

World Press Freedom Day, child of the UN General Assembly, marks its 30th birthday on May 3 – still relatively young, but definitely showing signs of wear and tear.

Measuring the state of its vital organs is not an exact science. The Paris-based non-profit media watchdog Reporters Without Borders (RSF) compiles an annual and thorough medical bulletin, and the latest check-up, country-by-country, makes for mostly alarming reading.

There are common denominators in all the ailments afflicting press freedom around the world, but with each region or continent seeming to specialise in certain characteristics.

Asia is particularly worrying, with the common theme of muscle-flexing autocrats vying for absolute control of information and exercising what RSF calls a dramatic deterioration of press freedom. Post-coup Myanmar and China are the world’s biggest jailers of journalists. Afghanistan back under the Taliban is brutally repressive. North Korea brings up the rear of the rankings, again.

Hong Kong, under China’s imposition of the draconian national security law, fell 68 places in the RSF league table. Vietnam and Singapore also tightened their grip on the media.

Anuradha Bhasin, executive editor of The Kashmir Times recently wrote in The New York Times that his newspaper “may not survive Mr. Modi. His repressive media policies are destroying Kashmiri journalism, intimidating media outlets into serving as government mouthpieces and creating an information vacuum in our region of about 13 million people.”

This year Pakistan was placed at 157 among 180 countries on RSF’s World Press Freedom Index list. The country has been ruled by the military for more than half of it’s 75 years of independence since 1947. In a report last year, along with a list of global leaders who suppressed opposing voices, RSF named former Prime Minister Imran Khan as one of the “predators of press freedom”.

Repression is dressed up in legislation as seen in Bangladesh’s Digital Security Act, passed in 2018 and applied to journalists, activists and others.Two days after a journalist with Prothom Alo was detained, the UN Human Rights Chief Volker Türk called on Bangladesh to suspend application of the DSA immediately.

Where Asia can be ruthless and draconian, it is lawlessness and societal fragmentation that make parts of Latin America the most dangerous place for journalists. Mexico and Haiti lead the way. At least 67 journalists and media workers were killed in 2022, an increase of almost 50 percent on 2021, according to the Committee to Protect Journalists. Research published by the Reuters Institute for the Study of Journalism found that 30 to 42 media workers were killed in Latin America in the line of duty.

Rocío Gallegos, a journalist and co-founder of La Verdad Juárez, an investigative journalism outlet in Ciudad Juárez, Mexico, was quoted as saying the situation is desperate and complex, not just due to growing conditions for violence, but because there is “less and less support from society towards journalists and journalism.”

Courageous reporters like Gallegos and the underground citizen journalists covering Myanmar’s horrific civil war inspire us, and lend hope to the survival of the ideals of a free press.

But it is in the West, the cradle of a free media, that we can feel most cynicism over the frightening erosion of media credibility led by its very own moguls and conglomerates.

The wanton and deliberate peddling of conspiracy theories over the 2020 US election results by Fox News (among others) was laid bare by the defamation case brought by Dominion Voting Systems. Fox settled out of court for $787 million in damages. Its lies were not trivial as we know. Five people died as a result of the January 2021 storming of the US Capitol by a mob of Donald Trump’s supporters.

Democracies need truth-telling media to flourish, and it was telling that much of the media coverage focused instead on 92-year-old Rupert Murdoch and his family succession machinations.

Fox News was – and quite possibly will remain — the ultimate mainstream player in the theatre of performance media, where facts don’t get in the way of a good conspiracy.

The recent demise of BuzzFeed News and its Pulitzer-prize winning department can also be seen as marking the end of an era. The suggestion by its founder, Jonah Peretti, that there may not be a sustainable business model for high-quality online news should be ringing alarm bells everywhere.

To add to this potentially toxic mix, where social media platforms become a blurry cauldron of conspiracy theories and state-sponsored disinformation, we now have to contend with the new disruptive age of ChatGPT.

The polarisation of the press in the West and its weaponisation in superpower conflicts are highly damaging trends. Russia’s arrest of Wall Street Journal reporter Evan Gershkovich and China’s detention of Taiwan publisher Li Yanhe are the most recent examples. A possible Biden-Trump rematch in the 2024 US elections, and the dangerous deterioration in Sino-US relations threaten to exacerbate both polarisation and weaponisation of the media.

As for Peak Oil – the world may have passed that point already, and economists are debating whether 2019 was when overall fossil fuel demand reached its zenith. There are many reasons for this historic shift, not least that the alternatives, such as renewable energy, are becoming cheaper.

But what is the substitute for a free and healthy press – the lifeblood of free and healthy societies? The alternatives are clearly on view all around us and they don’t look good.

Farhana Haque Rahman is Senior Vice President of IPS Inter Press Service; a journalist and communications expert, she is a former senior official of the United Nations Food and Agriculture Organization and the International Fund for Agricultural Development.

https://www.unesco.org/en/articles/world-press-freedom-day-2023

IPS UN Bureau

 


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