WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AST SpaceMobile, Inc. (NASDAQ: ASTS) between November 14, 2023 and April 1, 2024, both dates inclusive (the “Class Period”), of the important June17, 2024 lead plaintiff deadline.
SO WHAT: If you purchased AST SpaceMobile 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 AST SpaceMobile class action, go to https://rosenlegal.com/submit-form/?case_id=24272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [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 17, 2024. 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 made false and/or misleading statements and/or failed to disclose that: (1) production of AST SpaceMobile’s five Block 1 BlueBird satellites had been negatively impacted by two suppliers of key subsystems; (2) as a result, AST SpaceMobile had not substantially completed the production of the Block 1 BlueBird satellites; (3) as a result, AST SpaceMobile’s five Block 1 BlueBird satellites were not on track to launch in the first quarter of 2024; and (4) as a result of the foregoing, defendants’ positive statements about AST SpaceMobile’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.
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.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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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 [email protected] www.rosenlegal.com
Rovio, SEGA, and Prime Focus Studios Announce The Angry Birds Movie 3 Is In Production At DNEG Animation
Rovio Entertainment Corporation, SEGA, and Namit Malhotra’s production company Prime Focus Studios, announced today that they are starting production on The Angry Birds Movie 3, with DNEG Animation attached as animation partner. Prime Focus Studios, Rovio, and SEGA will produce the movie in association with One Cool Group, Flywheel Media, and dentsu.
Jason Sudeikis and Josh Gad return to the flock
The Angry Birds Movie franchise has so far grossed more than $500m at the worldwide box office
LONDON, June 06, 2024 (GLOBE NEWSWIRE) — Rovio Entertainment Corporation, SEGA, and Namit Malhotra’s production company Prime Focus Studios, announced today that they are starting production on The Angry Birds Movie 3, with DNEG Animation attached as animation partner. Prime Focus Studios, Rovio, and SEGA will produce the movie in association with One Cool Group, Flywheel Media, and dentsu.
The third installment in the franchise will follow the continuing adventures of Red and Chuck, voiced once again by Jason Sudeikis (Ted Lasso, SNL, We’re the Millers) and Josh Gad (Frozen, Beauty and the Beast, Gutenberg!, Murder on the Orient Express). Jason Sudeikis is represented by Brillstein Entertainment Partners and TAG. Josh Gad is represented by Sugar 23, CAA and JSSK. More casting news will be coming soon.
The film follows the success of the first two Angry Birds movies, which together have grossed more than $500m at the worldwide box office and have demonstrated fantastic results on streaming platforms, signalling strong demand for the third theatrical installment.
The Angry Birds Movie 3 will be directed by John Rice (Angry Birds, Beavis and Butt-Head Do The Universe). The screenplay will be written by Thurop Van Orman (Angry Birds 2, Adventure Time, Flapjack), who will also executive produce alongside Toru Nakahara (Sonic the Hedgehog, Sonic Prime, Golden Axe). The film will be produced by John Cohen (Despicable Me, The Garfield Movie, Angry Birds), Dan Chuba (The Mitchells vs. the Machines), and Carla Connor (The Willoughbys).
Returning to the Angry Birds design team is Jeanie Chang as production designer and Francesca Natale as character designer. The head of story is Vadim Bazhanov and the lead editor is Sarah K. Reimers. Storyboards, art development, and animation will be handled by DNEG Animation.
Rovio and SEGA will produce alongside Namit Malhotra and his production company Prime Focus Studios, which recently co-produced The Garfield Movie with Alcon Entertainment. Prime Focus Studios is also currently in production on Animal Friends with Legendary Entertainment and Ryan Reynolds’ Maximum Effort, and Indian epic Ramayana with actor-producer Yash’s Monster Mind Creations.
“The Angry Birds brand knows no bounds, and an all-new Angry Birds adventure underscores how the worlds and narratives crafted in our games can seamlessly transcend into the realm of film and beyond,” said Alexandre Pelletier-Normand, CEO at Rovio Entertainment. “Rovio is fully committed to creating entertainment that sparks imagination across various platforms. We’ve seen continuous success in everything from games and feature films to licensed products and amusement parks, and we are thrilled to return once again to the vibrant Angry Birds world with our new partners.”
“The Angry Birds games are a global phenomenon and the film franchise has enjoyed worldwide success,” added Crosby Clyse, Managing Director of DNEG Animation. “Our amazing DNEG Animation team is thrilled to be teaming up once again with Prime Focus Studios and with our new friends at Rovio to create an all-new high-velocity adventure set in this colourful, crazy world.”
“Innovation is part of dentsu’s DNA and we are always looking for new and exciting projects to deliver differentiated, integrated growth opportunities for our clients. We believe in the positive impact of entertainment, creating meaningful connections between people and brands,” commented Jean Lin, Global President – Global Practices, dentsu. “We are so proud to partner with Prime Focus Studios and DNEG Animation to help bring the next installment of the beloved global Angry Birds franchise to life.”
“The Angry Birds brand truly reflects the size and scale of content Flywheel Media are focusing on,” said Don McGregor, Founder and CEO, Flywheel Media. “We are thrilled to be joining forces with such incredible partners to deliver this film to audiences around the world.”
The Angry Birds Movie opened at #1 in 50 countries on its release in 2016 and has grossed more than $350m at the worldwide box office. Rovio’s mobile games surpassed 5 billion downloads in 2022.
“We are thrilled to announce that the brand-new film of the globally beloved and successful Angry Birds franchise is to be in production,” said Shuji Utsumi, President and COO at SEGA. “SEGA has been focusing on its Transmedia strategy to advance the value of its intellectual properties (IP) across games and diverse media landscapes. We believe that the upcoming The Angry Birds Movie 3 perfectly aligns with our strategy and presents a great opportunity for us to bring the charm of the Angry Birds brand to fans across the globe.”
“I’m delighted to be partnering with Rovio, SEGA, One Cool, Flywheel, dentsu, and the incredible team of returning filmmakers and voice talent on this movie. It’s an honour to be part of the next chapter in the amazing Angry Birds story,” concluded Producer Namit Malhotra. “Prime Focus Studios is in production on an impressive roster of high-profile features and I am excited that The Angry Birds Movie 3 will be the next big animated project on our slate after The Garfield Movie.”
Angry Birds and all related properties, titles, logos, and characters are trademarks of Rovio Entertainment Corporation and are used with permission. All Rights Reserved.
About Prime Focus Studios
Led by filmmaker and Global CEO of DNEG, Namit Malhotra, Prime Focus Studios is an independent production company dedicated to the creation of innovative and exciting global content.
Prime Focus Studios, which recently co-produced The Garfield Movie with Alcon Entertainment for Sony Pictures, is currently in production on three major motion pictures: Indian epic Ramayana with Rocking Star Yash’s Monster Mind Creations; Animal Friends with Legendary Entertainment and Ryan Reynolds’ production company Maximum Effort; and The Angry Birds Movie 3, with Rovio Entertainment Corporation and SEGA.
About Rovio
Rovio Entertainment Corporation is a global mobile-first games company that creates, develops and publishes mobile games, which have been downloaded over 5 billion times. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment, animations, and consumer products in brand licensing. Rovio has produced The Angry Birds Movie (2016), and its sequel, The Angry Birds Movie 2 was released in 2019. The company offers multiple mobile games and has seven game studios – one in Espoo (Finland), Stockholm (Sweden), Copenhagen (Denmark), Barcelona (Spain), Montreal and Toronto (Canada), as well as a subsidiary in Izmir (Turkey) called Ruby Games. Most of the employees are based in Finland, where Rovio is headquartered. Rovio is owned by SEGA.
About DNEG Animation
DNEG Animation is a world-class animation studio that creates captivating stories and compelling characters through beautiful animation. Built on the passion and talents of our team, we help bring unique worlds to life. From complex graphic novel adaptations to beautifully stylized films, we are dedicated to furthering the craft of animation. Recent and upcoming projects on behalf of our filmmaking partners include The Garfield Movie, The Angry Birds Movie 3, The Cat In The Hat, That Christmas, Nimona, Under the Boardwalk, Entergalactic, and Ron’s Gone Wrong.
DNEG Animation is part of DNEG (www.dneg.com), a world-leading visual entertainment services company for the creation of feature film, television, multiplatform content, and immersive experiences, with worldwide offices and studios across North America, Europe, Asia, and Australia.
About One Cool Group
Pioneered and led by Hong Kong actor and producer Louis Koo in 2013, One Cool Group has evolved from a local film production company to a major player in Asia and beyond. One Cool’s motto, “Thrive through Creativity. Strive for Diversity”, unites a fast-growing team of more than 300 film professionals based at its Hong Kong headquarters and affiliated offices in China, Thailand, Malaysia, Singapore, and South Korea. A diversified portfolio encompasses all aspects of filmmaking from financing, artist management, casting, editing, sound effects, visual production, to distribution, promotions, and more. One Cool collaborates in global feature films, partnering with Sony Pictures Animation on Vivo and the Oscar-nominated The Mitchells vs. the Machines, with Alcon Entertainment on The Garfield Movie, and with independent film producers. One Cool is forging ahead with pioneering AI techniques in various aspects of filmmaking.
About dentsu
Dentsu is an integrated growth and transformation partner to the world’s leading organizations. Founded in 1901 in Tokyo, Japan, and now present in over 145 countries and regions, it has a proven track record of nurturing and developing innovations, combining the talents of its global network of leadership brands to develop impactful and integrated growth solutions for clients. Dentsu delivers end-to-end experience transformation (EX) by integrating its services across Media, CXM and Creative, while its business transformation (BX) mindset pushes the boundaries of transformation and sustainable growth for brands, people and society.
About Flywheel
Flywheel Media is a new film company collaborating with the world’s largest brands, harnessing their storytelling power to engage new and existing fans.
We create movies for the big screen designed to entertain and inspire audiences globally.
Deriv lends a helping hand building houses for underserved communities in Paraguay
Deriv Paraguay and TECHO team-up to build homes
Deriv Paraguay and TECHO teams unite with a common goal of building houses for those in need.
AREGUA, Paraguay, June 06, 2024 (GLOBE NEWSWIRE) — Deriv is a leading online trading platform with a 25-year legacy of trust, innovation and service. This legacy extends to a commitment towards social responsibility, with active support for initiatives focused on environmental conservation and uplifting underprivileged communities. To mark Deriv’s 25th anniversary, the company plans to launch a series of CSR initiatives aimed at driving meaningful social betterment.
Deriv partnered with TECHO, a youth organisation in Paraguay, to provide housing solutions to underserved communities in the San Francisco Settlement, just outside of Asunción.
For over six months, Deriv has dedicated its efforts to the construction of 10 new houses for families in dire need. The initial planning phase, now complete, saw Deriv lead on the timeline for construction of the houses as well as identifying communities, families most in need and allocation of resources. The comprehensive plan details logistics, including material procurement, transportation, and implementing stringent safety protocols for seamless project execution.
In addition to housing construction, Deriv is committed to improving the community’s overall quality of life and future prosperity. Initiatives include providing access to technology like laptops, hosting community forums, and offering mentorship and training programs.
Sebastian Perez, the head of Deriv Paraguay’s office, shared insights into the project’s early stages, “Deriv employees were paired with TECHO employees to interview the families; this experience hit home for many as they were met with a new sense of admiration for what the families were going through. With this project, we hope to improve the quality of life of the communities in need.”
Ian Insaurralde, a TECHO spokesperson, reflected on the collaboration’s goals, stating, “Our main purpose is to overcome and bring opportunities to families living in poverty in Latin America and the Caribbean. By working with Deriv, we have been able to help assess the community’s needs, develop an action plan, and provide them with the tools to improve their quality of life and transform their communities.”
The initiative officially commenced in April, with the Deriv team in Paraguay working alongside TECHO to conduct detailed assessments of approximately 400 households within the neighbourhood. This evaluation focused on economic backgrounds, household sizes, and existing housing conditions, identifying those in urgent need of assistance and formulating a targeted support strategy.
For additional information about this project and other corporate social responsibility initiatives, please visit Deriv Life and the company website.
About Deriv
For 25 years, Deriv has been committed to making online trading accessible to anyone, anywhere. Trusted by over 2.5 million traders worldwide, the company offers an expansive range of trade types and boasts over 200 assets across popular markets on its award-winning, intuitive trading platforms. With a workforce of more than 1,300 people globally, Deriv has cultivated an environment that celebrates achievements, encourages professional growth, and fosters talent development, which is reflected in its Platinum accreditation by Investors in People.
Prime Minister Muhammad Shehbaz Sharif has underscored the importance of multilateralism and international law for international peace, security and development.
Addressing Pakistan-China Friendship and Business event, he appreciated China’s approach of cooperation and dialogue, particularly with the countries of the developing world, through a journey of common understanding and shared prosperity.
The Prime Minister Shehbaz reiterated Pakistan’s strong commitment to Pakistan-China All-Weather Strategic Cooperative Partnership, which is based on mutual respect, strategic trust and mutually beneficial cooperation.
Emphasizing the historical and civilizational ties between the two countries, the Prime Minister noted the special and unique character of Pakistan China friendship that has withstood the test of time.
The Prime Minister appreciated President Xi Jinping’s vision of building a Shared Future for Mankind and its related initiatives including Belt and Road Initiative, Global Security Initiative, Glob
al Development Initiative and Global Civilizational Initiative.
He complemented these initiatives for providing practical solutions to the challenges of peace, security and development facing the contemporary world.
Highlighting CPEC as the major plank of Pakistan’s economic reform agenda, the Prime Minister said that CPEC presented a success story of mutually beneficial bilateral cooperation and a solid foundation for Pakistan’s economic development.
He expressed confidence that the next phase of CPEC would serve to further deepen the Pakistan-China strategic partnership.
The Prime Minister urged the Chinese investors and businesspersons to make use of the investment opportunities in Pakistan, especially with the establishment of Special Investment Facilitation Council that offers one-window solution to international investors.
He called for practical and mutually beneficial cooperation in priority areas of mining, ICT and agriculture.
