LOS ANGELES, March 25, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Newmont Corporation ("Newmont" or "the Company") (NYSE: NEM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 22, 2024 and October 23, 2024, inclusive (the "Class Period") ...

Core Viewpoint - A class action lawsuit has been filed against The Bancorp, Inc. for alleged misleading statements and failures to disclose significant risks related to its loan portfolio and financial reporting during the Class Period from January 25, 2024, to March 4, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that The Bancorp underrepresented the risk of default on its REBL loan portfolio and that its credit loss methodology was inadequate [5]. - It is alleged that there were material weaknesses in the company's internal controls over financial reporting and that its financial statements lacked independent auditor approval [5]. - The lawsuit asserts that these issues led to misleading positive statements about the company's business and operations [5]. Group 2: Participation Information - Investors who purchased The Bancorp securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff must file a motion with the court by May 16, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].

Core Viewpoint - High-Trend International Group has appointed Christopher Nixon Cox as Chairman and Bo Cui as Chief Legal Officer, aiming to enhance governance and drive strategic growth in innovation-driven sectors, particularly in maritime low-carbon initiatives [1][6]. Group 1: Leadership Changes - Christopher Nixon Cox has been appointed as Chairman of High-Trend International Group, effective immediately, bringing extensive expertise in global markets and sustainability [1]. - Mr. Jinyu Chang has resigned as Chairman but will remain a director of the Company [1]. - Bo Cui has been named the new Chief Legal Officer, emphasizing the Company's commitment to governance and compliance [1]. Group 2: Leadership Background - Christopher Nixon Cox has a diverse background, serving as CEO of Lightswitch Capital and Argali Carbon Corporation, and has experience in funding breakthrough therapies and advancing green infrastructure [2]. - Bo Cui has over two decades of experience in cross-border finance and mergers and acquisitions, having executed over $10 billion in strategic deals during his tenure at HNA Group [5]. Group 3: Strategic Focus - The Company aims to leverage Mr. Cox's expertise to advance maritime low-carbon initiatives and strengthen traditional shipping operations in the U.S. [6]. - Bo Cui's dual expertise in law and technology is expected to enhance the Company's legal strategy and risk management efforts as it navigates global markets [6].