The Laos-China Railway Company has relocated the residents of Buam-Or village, Xiengngeun district, Luang Prabang province, to a new village with access to recently-built infrastructure, like roads, schools, health centers, water supply, and electricity.
Luang Prabang Families Displaced by Laos-China Railway Project Get Relocated to New Village

Explore Timeless Tainan, as Seen in “Someday or One Day”

Want to savor the popular drama “Someday or One Day” again? This can be easily done by taking a journey to Tainan and being part of a massive international tourist event. A comprehensive map of filming locations for both the TV and cinematic versions has been created for fans everywhere. Retrace Huang Yu-hsuan’s steps to Three Two Record Store that leads to her changing upon key clues; Grandma Mo’s Shaved Ice Shop at Madou, Fengnan Senior High School at Liuying, and the spot for watching sunrise on New Year’s Day at Zuozhen. Be at the very scenes where the main characters have their classic dialogues. Tainan’s unique retro style promises infinite surprises.
Just board a flight in Thailand and head for the ancient city of Tainan. Join your friends or family to put on qipaos for a stroll through Tainan’s historical alleys and backstreets, immersing yourselves in the charm of the city’s four-century history. Indulge in the culinary delights of Michelin-starred restaurants and century-old establishments. Stay in uniquely designed boutique homestays available for exclusive bookings. Tainan, with its cornucopia of sightseeing resources, has secured multiple travel safety certifications and implemented a full range of visitor-friendly measures. It promises to host every international visitor with the highest standards of hospitality that only befits an international city wholeheartedly dedicated to tourism.
Since Taiwan reopened its borders to international visitors on October 13, 2022, Tainan has emerged as one of the most recommended destinations. High on the list of Tainan’s diverse and rich tourist attractions are the Sicao Green Tunnel, also fondly known as the “Little Amazon River”; the Chimei Museum that is distinctly reminiscent of European palaces; Taiwan’s oldest salt fields; historical buildings scattered throughout its streets and alleyways. Moreover, Tainan will celebrate its 400th anniversary in 2024. As is only fitting for this auspicious occasion, the city will host the Taiwan Lantern Festival, the most important annual event for Taiwan’s tourism industry. Together with the Longci Light Festival, Yuejin Lantern Festival, Puji Temple’s Lantern Festival, Chenggong Lantern Festival, and Shennong Street Lantern Festival, what awaits visitors is no less than the grandest event of its kind ever in this country. That’s not all. The World Orchid Conference Trust (WOCT) has also chosen Tainan as host to both the 23rd World Orchid Conference and the 20th Taiwan International Orchid Show, a World Cup-like event for the orchid community that only takes place every three years. International travelers are invited to enjoy both the Taiwan Lantern Festival and the international orchid show at the same time.
Tainan City Government spares no effort in promoting tourism. Priority is given to attracting more international visitors and encouraging local tour groups to stay and spend in the city. Thus, the 2023 Incentive Program for the Travel Industry to Attract International Tourists has been implemented with a view to driving the city’s tourism industry and enhancing its appeal to international tourists. For the latest in Tainan’s tourist attractions and events, please go to Travel Tainan or its Facebook fanpage: https://www.twtainan.net/en; https://www.facebook.com/traveltainan/?locale=zh_TW.
Hashtag: #TainanCityGovernment
The issuer is solely responsible for the content of this announcement.
Trading made clear: OctaFX becomes Octa, launches global campaign

‘As the financial landscape evolves, so do we,’ the Octa press office commented. ‘Our clients’ needs continue to diversify, and that is why we have significantly expanded our offerings over the past few years. We feel that we have outgrown the ‘FX’ in our name and are ready to go further, with a versatile collection of financial instruments we offer for trading now including commodities, stock indices, stocks, and cryptocurrencies.’
Another reason for the campaign launch was the company’s continued focus on making trading accessible and easy-to-learn for everyone. ‘We believe that the world of finance doesn’t have to be confusing, and so the key message of the campaign has become that of clarity. This attitude is central to what we do as a broker—supporting our clients on the way to their financial goals,’ the Octa press office said.
The broker’s press office also hinted that ‘the name change is part of a bigger process of transformation, which will lead to significant changes and improvements and underscore the company’s dedication to staying ahead in the ever-changing industry.’
Below are the key highlights of the Octa’s transformation-in-the-making.
- Trading platform. Octa will continue to develop its own state-of-the-art trading platform, OctaTrader, which aims to integrate everything a trader needs into one seamless system where expert analytics, deposits and withdrawals, and profile management options are all at hand.
- Educational opportunities. The company will bolster its educational resources, offering clients access to a wealth of articles, webinars, and professional guidance to help them navigate the world of finance.
- Expert analytics. Octa is currently developing a unique analytical hub with every kind of information readily available for clients within one integrated trading system.
According to Octa, all the changes will be implemented gradually, with clients experiencing a smooth transition that will not impact their current investments or account access.
Hashtag: #Octa #OctaFX
The issuer is solely responsible for the content of this announcement.
About Octa
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has also won more than 60 awards since its foundation, including the ‘Best Online Broker Global 2022’ award from World Business Outlook and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.
CÉ LA VI Singapore Debuts New Dinner Menu
The reimagined menu blends traditional culinary art with modern innovation for enhanced dining experiences.
SINGAPORE – Media OutReach – 25 September 2023 – CÉ LA VI Singapore announces the launch of its newly curated dinner menu, available for patrons every day from 5:30 p.m. to 11:15 p.m. at the rooftop restaurant atop Marina Bay Sands. Created to be a true reflection of the ever-evolving culinary world, the new menu features an extensive selection of dishes that offers a little something for everyone.

A New Chapter in Singapore’s Dining Scene
As food culture continues to evolve, the emphasis on versatility and innovation has become increasingly significant. The updated dinner menu at CÉ LA VI stands as a testament to this change, harmoniously combining traditional culinary techniques with contemporary innovation to suit a diverse clientele.
- Starters: The new starter section of the menu is more than just an introduction; it’s an overture. Diners can expect a medley of textures and flavours right from the get-go. The Burrata, an Italian classic, is reinvented with crispy tempura shiso and accompanied by fresh strawberries, adding both visual and sensory delight. On the other hand, the Black Angus Beef Tenderloin Tartare stands out with a unique hint of white soy and is complemented by a garnish of fresh watercress.
- Mains: When it comes to main courses, the spotlight shines on a fine balance between tradition and innovation. The Line Caught Red Snapper is a showstopper with its nuanced laksa base, elevated by the richness of ebi shrimp oil and a velvety celeriac coconut purée. Another memorable entrée, the Duroc Pork Chop, features a zesty Yuzu jus, which is balanced by a refreshing fennel apple salad.
- Desserts: The dessert menu is designed to offer a versatile range of options that encapsulate varying degrees of sweetness, richness, and tartness. The Calamansi Bon Bon delivers a tangy punch, while the Balinese Chocolate presents an ode to indulgence. Not to be missed is the Petit Four Box, a miniature showcase of global flavours.
The Culinary Philosophy Behind CÉ LA VI’s New Menu
According to Executive Chef Maksym Chukanov, “Our new dinner menu is more than just a list of dishes; it’s a thoughtful narrative. The focus remains on sourcing high-quality ingredients and utilising time-tested cooking techniques. However, the menu sets itself apart through its mindful inclusion of diverse Asian influences, enriching each dish with layers of complexity.”
Chef Chukanov further explains that the menu’s diversity is the result of extensive culinary research, aimed at paying tribute to a rich tapestry of both international and local food cultures. “It’s a dialogue between global trends and regional flavours, harmonised to meet the expectations of today’s sophisticated diner.”
For additional information on the new dinner menu, please visit CÉ LA VI’s official website.
Hashtag: #celavi #restaurant #dinner
https://www.facebook.com/celavisingapore/
https://www.instagram.com/celavisingapore/
The issuer is solely responsible for the content of this announcement.
About CÉ LA VI Singapore
CÉ LA VI is our interpretation of the popular French saying, “This is Life”. Our mission is simple: the pursuit of pleasure, passion, and play in a spectacular setting. Born in Southeast Asia, CÉ LA VI pays homage to the region’s creative legacy and cultural landmarks, welcoming guests to an immersive and sensual dining experience. Our global footprint and red umbrellas span across Singapore, Taipei, Tokyo, and Dubai.
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Verizon Communications Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – VZ
New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Verizon Communications Inc. (NYSE: VZ) between February 4, 2020 and July 26, 2023, both dates inclusive (the “Class Period”), of the important October 2, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.
SO WHAT: If you purchased Verizon 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 Verizon class action, go to https://rosenlegal.com/submit-form/?case_id=17727 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 October 2, 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Verizon owns cables around the country that are highly toxic due to being wrapped in lead, and which harm Company employees and non-employees alike; (2) Verizon faces potentially significant litigation risk, regulatory risk, and reputational harm as a result of its ownership of these lead-covered cables and the health risks stemming from their presence around the United States; (3) Verizon was warned about the damage and risks presented by these cables but did not disclose them as a potential threat to employee safety or to everyday people and communities around the country; and (4) as a result, defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Verizon class action, go to https://rosenlegal.com/submit-form/?case_id=17727 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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
The issuer is solely responsible for the content of this announcement.
Final Deadline Approaching for Live Nation Entertainment, Inc. Investors Kessler Topaz Meltzer & Check, LLP Reminds Live Nation Entertainment, Inc. (LYV) Investors of October 3, 2023 Lead Plaintiff Deadline
Radnor, Pennsylvania – Newsfile Corp. – September 23, 2023 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Live Nation Entertainment, Inc. (“Live Nation”) (NYSE: LYV). The action charges Live Nation with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Live Nation’s materially misleading statements and omissions to the public, Live Nation’s investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR LIVE NATION LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/live-nation-entertainment-inc?utm_source=PR&utm_medium=link&utm_campaign=lyv&mktm=r
CANNOT VIEW THIS VIDEO? PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: OCTOBER 3, 2023
CLASS PERIOD: FEBRUARY 23, 2022 THROUGH JULY 28, 2023
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at (484) 270-1453 or via email at info@ktmc.com
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
LIVE NATION’S ALLEGED MISCONDUCT
Live Nation and Ticketmaster merged in January 2010 but were under a consent decree with the U.S. Department of Justice (“DOJ”) to preserve competition in the live events market. In 2019, Live Nation faced federal scrutiny for pressuring concert venues to use Ticketmaster over other systems in five incidents, which would have violated the consent decree. To resolve these claims, the company extended the consent decree to expire in December 2025 and added new provisions. Pursuant to the amended consent decree, Live Nation agreed to abide by a set of rules, including not threatening to condition the provision of Live Nation concerts on a venue choosing Ticketmaster or retaliate in response to a venue choosing a ticketing service provider other than Ticketmaster. The company is subject to an automatic penalty of $1 million for each violation.
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Live Nation engaged in anticompetitive conduct, including charging high fees and extended contracts with talent, and retaliated against venues; (2) as a result, Live Nation was reasonably likely to incur regulatory scrutiny and face fines, penalties, and reputational harm; and (3) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The truth began to emerge on November 18, 2022, when The New York Times reported that the DOJ had opened an antitrust investigation into Ticketmaster and Live Nation after the ticketing platform’s systems crashed during a highly-anticipated presale for Taylor Swift tickets. The ensuing chaos of disappointed “Swifties” highlighted Live Nation’s power over the live music industry, exacerbating complaints that Live Nation has “constrained competition and harmed consumers.” Following this news, Live Nation’s stock price fell $5.64, or 7.8%, to close at $66.21 per share on November 18, 2022.
Then, on February 23, 2023, NPR reported that, following Congressional hearings, the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights wrote to the DOJ, presenting evidence that “Live Nation is harming America’s music industry.” The letter stated, among other things, issues with Live Nation’s pricing models and fees, increasingly long contracts with competitors, and retaliatory behavior against artists and venues that don’t want to work with it. The senators “encourage[d]” the DOJ to take action if it found Live Nation had “walled itself off from competitive pressure at the expense of the industry and fans.” Following this news, Live Nation’s stock price fell $7.71, or 10.1%, to close at $68.78 per share on February 24, 2023, on unusually heavy trading volume.
Finally, on July 28, 2023, Politico reported that the DOJ “could file an antitrust lawsuit against [Live Nation and Ticketmaster] by the end of the year, according to three people with knowledge of the matter.” Politico further reported that the DOJ complaint is expected to allege that “the entertainment giant is abusing its power over the live music industry.” Following this news, Live Nation’s stock price fell $7.60, or 7.8%, to close at $89.33 per share on July 28, 2023.
WHAT CAN I DO?
Live Nation investors may, no later than October 3, 2023, move the Court to serve as lead plaintiff for the class, through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages Live Nation investors who have suffered significant losses to contact the firm directly to acquire more information. The class action complaint against Live Nation, Donley v. Live Nation Entertainment, Inc., et al., Case No. 23-cv-6343, is filed in the United States District Court for the Central District of California.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
The issuer is solely responsible for the content of this announcement.
ROSEN, A LEADING LAW FIRM, Encourages Archer Aviation Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – ACHR
New York, New York – Newsfile Corp. – September 23, 2023 – 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 Archer Aviation Inc. (NYSE: ACHR) between September 17, 2021 and August 15, 2023, 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 November 20, 2023.
SO WHAT: If you purchased Archer Aviation 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 Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 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 November 20, 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. 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) the Company relied on heavily edited videos of earlier flights to exaggerate the amount of flight testing it had actually performed and the sophistication of its eVTOL aircraft; (2) the Company had misrepresented the nature and profitability of its business partnerships; (3) the Company was unlikely to secure FAA certification in the timeframe it had represented to investors, thereby delaying the start of mass production of its aircraft for commercial sales; (4) accordingly, the Company had overstates its financial position and/or prospects; (5) all of the foregoing, once revealed, was likely to subject the Company to significant financial and/or reputational harm; and (6) 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 Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 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
The issuer is solely responsible for the content of this announcement.
ROSEN, A LEADING LAW FIRM, Encourages American Coastal Insurance Corporation Investors to Inquire About Securities Class Action Investigation – ACIC
New York, New York – Newsfile Corp. – September 23, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American Coastal Insurance Corporation (NASDAQ: ACIC) resulting from allegations that American Coastal may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased American Coastal 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=19156 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: On August 21, 2023, American Coastal issued a press release stating that it “has identified certain errors related to the reporting of discontinued operations for the previously issued unaudited condensed consolidated financial statements for the three months ended March 31, 2023, which errors had the effect of understating the net income for the three months ended March 31, 2023 by approximately $6.4 million. These errors were discovered in the course of preparing [American Coastal’s] interim financial statements for the fiscal quarter ended June 30, 2023, and included errors in [American Coastal’s] accounting for income tax expense primarily relating to the deconsolidation of [American Coastal’s] former subsidiary, United Property & Casualty Insurance Company.” Accordingly, American Coastal determined that the statements at issue should no longer be relied upon.
On this news, American Coastal’s stock price fell $0.38 per share, or 5%, to close at $7.22 per share on August 22, 2023.
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. 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
The issuer is solely responsible for the content of this announcement.