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NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of PACS Group, Inc. (NYSE: PACS). Shareholders who purchased shares of PACS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/pacs-group-inc-loss-submission-form/?id=113437&from=3 CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired PACS Group: (a) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s April 11, 2024 initial public offering; and/or (b) securities between April 11, 2024 and November 5, 2024 inclusive. ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company engaged in a “scheme” to submit false Medicare claims which “drove more than 100% of PACS’ operating and net income from 2020 – 2023”; (2) the Company engaged in a “scheme” to “bill thousands of unnecessary respiratory and sensory integration therapies to Medicare”; (3) the Company engaged in a scheme to falsify documentation related to licensure and staffing; and (4) 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. DEADLINE: January 13, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/pacs-group-inc-loss-submission-form/?id=113437&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of PACS during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is January 13, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: dg@securitiesclasslaw.com Phone: (646) 453-8903

Affordable California housing requires a huge market tumbleNigel Farage has hinted that there is "far more" to the scandal of banks closing or revoking the accounts of political figures than his dispute with Coutts last year. The Reform UK leader said the "debanking issue" is "about far more than what happened to me", in response to accusations made by a Silicon Valley businessman on Joe Rogan's podcast. The clip showed Marc Andreessen, the co-founder of Mosaic, the first widely-used web browser with a graphic user interface, alleging "tech founders, crypto founders and just generally [Biden's] political opponents" had been debanked. He added: "In the tech world, we've had like 30 founders debanked in the last four years", though didn't name the individuals supposedly affected. It was shared by X owner Elon Musk , alongside the message: "Did you know that 30 tech founders were secretly debanked?" Did you know that 30 tech founders were secretly debanked? https://t.co/gmnCir43XD While the podcast clip relates to the US market, which has seen cryptocurrency soar since Donald Trump 's election, Mr Farage implied a wider issue underlying his battle with a high-end bank in June 2023. The MP for Clacton-on-Sea claimed that Coutts, which is owned by NatWest , had closed his account because they disagreed with his political beliefs. The scandal led to the resignation of NatWest chief executive Alison Rose after she admitted a "serious error of judgement" in discussing Mr Farage's relationship with Coutts with a BBC journalist. Despite this, the bank maintained that the decision to shut down his account was lawful and based on commercial reasons. The UK's financial watchdog responded to the backlash by calling on banks to improve the way they treat so-called Politically Exposed Persons (PEPs). The Financial Conduct Authority found that most banks weren't imposing unnecessary checks and that while some political figures had been denied banking services or had their accounts closed, this was generally due to "financial crime reasons". The watchdog did identify a small number of cases were information requests for PEPs were "disproportionate", however. PEPs are generally subject to extra due diligence from banks because they pose a greater risk of abusing their position for financial gain, according to the FCA's 2017 guidance. In December 2023, the government changed the law to say UK PEPs should be treated as "inherently lower risk" than overseas politicians.

Why Leslie's (LESL) Stock Is NosedivingMan City squander three-goal lead in shocking draw with FeyenoordCuckolded by Jeff Bezos in Hollywood's most expensive divorce, the husband Lauren Sanchez cheated on just proved revenge is something money can't buy - and his timing was perfectLOS ANGELES , Nov. 26, 2024 /PRNewswire/ -- Appotronics, the inventor of the ALPD® laser display technology, recently participated in the Laser Illuminated Projector Association (LIPA) Annual General Meeting held in Los Angeles , United States . During the event, the company showcased its optics solutions designed for both the interior and exterior of vehicles, emphasizing their versatility in functions such as illumination, entertainment, and V2X (Vehicle to Everything) communication. Meng Han , senior director of Appotronics, addressed the attendees, which included laser illumination and display technology experts, market analysts, and trend observers. He emphasized that the automotive industry is undergoing a transformation from internal combustion engines to autonomous electric vehicles, creating ample opportunities for laser projectors. This shift typically results in more internal space for entertainment features, such as in-car theaters and laser display-enabled human-vehicle communication both inside and outside the vehicle. "We have done the study, finding many people like it, " said Han, citing the example of Appotronics' rollable giant laser display screen, which is equipped on the Seres AITO M9, a top-selling SUV priced above RMB 500,000 in China . The SUV has received over 170,000 orders since its debut late last year, indicating a strong market demand for such innovative features. Han further pointed out that more laser display technology will be applied within the cabin as a supplement to the current LCD panels, transforming the cabin into an immersive and comfortable third living space. "As for the long future, the future isn't more screens—or even screens at all." Han cited Alfonso Albaisa , Design Chief of Nissan, emphasizing that laser display offers numerous advantages, such as easy modeling, free-form surfaces, design flexibility, safety, and sustainability and can be utilized for projections inside the cabin, on the sunroof, side windows, or even on the windshield. Afterwards, Xin Yu , vice president of Appotronics, introduced the company's intelligent digital colorful laser headlight as an example of immersive exterior display . This innovative light is equipped on the newly-released Smart #5 vehicle, enabling car users to enjoy movies while camping. Yu announced that the product is currently available in China and will soon be launched in Europe and Australia . Yu also demonstrated the company's All-in-One laser headlamp, which fulfills multiple functions, including intelligent signaling displays (ISD), adaptive driving beam (ADB) systems, V2X communications, and entertainment. He revealed that the multi-functional headlamp will soon enter mass production and will be showcased at CES 2025, which is scheduled to be held in Las Vegas between January 7 and January 10 . Other automotive optics solutions from Appotronics will also be displayed at the event. "So hopefully in the future, we have more friends together in this industry to make more interesting applications and build up more markets for laser innovation." Yu concluded, adding that he expects more "concepts" of laser technology to turn into "reality" in the automotive sector, just as laser technology has revolutionized the cinema industry. In addition to Appotronics' updates, representatives from Texas Instruments, Epson, Panasonic, Seibersdorf Labs, OMDIA, PMA Research, Nordisk Cinema, Nichia America Corporation, Barco, Oxford University , LUMAfestival.com , and RSL Fiber Systems also shared insights on current laser-related regulations, technological advancements, and future trends at the annual meeting. View original content: https://www.prnewswire.com/news-releases/appotronics-highlights-role-of-laser-technology-in-automotive-industry-at-prestigious-us-trade-conference-302315609.html SOURCE Appotronics Corporation Ltd. Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. You can also control your newsletter options via your user dashboard by signing in.

DANIA BEACH, Florida (AP) — Border Patrol agents are tasked with enforcing hotly contested immigration policies as many Americans at both ends of the political spectrum look askance at the border — and the agents. That's taking a mounting toll, so the agency is training more among its ranks to become chaplains and provide spiritual care for their fellow agents on and off the job. “That’s a really hard thing to deal with, as things tend to flip from one side to the other, and we’re still in the crossfire,” said Border Patrol assistant chief and chaplaincy program manager Spencer Hatch. Unlike in the military or law enforcement, Border Patrol chaplains are usually lay agents endorsed by their faith denominations who are trained by the agency to become chaplains through a 2.5-week academy. Their numbers have grown to about 240 from 130 four years ago. Three times a year, an academy is held at a different Border Patrol station. About a dozen Border Patrol personnel, plus a few Fish and Wildlife Service and Bureau of Land Management officers, graduated from the most recent academy, held near Miami earlier this month. The program, and a nonreligious, mental-health focused peer support program, were started by grassroots efforts in the 1990s. Chaplains stay in their regular jobs, but are on call to assist. Border Patrol agents say they're motivated by the desire to protect U.S. borders from security threats, including the powerful cartels that control much of the border dynamics. They also often rescue migrants lost and dying in the harsh deserts that line the southern U.S. border. But many agents feel the American public sees them as obstacles to migrants seeking a better life in the United States. They often tell their children to say their parent does “government work” for fear of reprisals, especially in the border communities where they live. That dissonance between upholding a duty they feel proud of, and getting called “terrible names” for it, adds an emotional toll to the already dangerous, often isolating work the agents do. That's where the chaplains come in — to help their fellow 20,000 agents cope and prevent the trauma from degenerating into family crises, addiction or even suicide. While most chaplains are Christian, with a smattering of Muslim and Jewish agents, they don’t offer faith-specific worship and only bring up religion if the person they’re helping does first. Rather, they are a comforting presence during critical moments like assisting a suicidal colleague, notifying a family their loved one was killed on the job, and counseling those dealing with addiction, survivor guilt and other traumas. Those are the scenarios that chaplains-in-training practice role-playing at the academy. They also learn about communication and family dynamics, because constant redeployments — some up to 9 times over 18 months during the record border crossings early in the Biden administration — affect their families too. Hatch teaches about the need to maintain both the “hypervigilance” of law enforcement and the humanitarian instinct to empathize with fellow agents as well as migrants. Many agents say they are especially affected by the plight of migrant children at the hands of smugglers. “One tries to give them support within the limits of what your work allows. I always have the biggest smile,” said a newly minted chaplain, Yaira Santiago, a former schoolteacher who runs a Border Patrol migrant processing center in Southern California. By relying on their faith, their commitment to help their colleagues, and their training, chaplains can make a difference. "Even in moments of uncertainty, your presence is often enough,” said Matt Kiniery, an agent in El Paso, Texas, for 15 years and a graduate of the latest chaplain academy. Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.KUWAIT: The Kuwait Integrated Digital Field (KwIDF) project is reportedly ushering in a new era for the country’s oil industry, driving significant advancements in production efficiency, cost reduction, and operational effectiveness. The project, developed by Kuwait Oil Company (KOC), leverages state-of-the-art digital technologies to optimize oil field management and enhance decision-making processes, marking a pivotal shift in the way oil and gas operations are conducted in the country. Officials told state news agency KUNA that KwIDF, which integrates real-time data analysis and advanced monitoring tools, has drastically improved the speed and accuracy of production processes. By streamlining operations and minimizing the need for human intervention, KwIDF allows for greater control over oil field performance while extending the lifespan of reservoirs. Revolutionizing oil field management Hamad Al-Zaabi, Director of Innovation and Technology at KOC, described KwIDF as one of the company’s most strategic projects, offering comprehensive solutions to monitor production and resolve operational issues. “The use of cutting-edge technology to analyze well data on an hourly basis has led to significant improvements in production, with annual revenue now exceeding KD 200 million (approximately $614 million),” Al-Zaabi said. The KwIDF system continuously collects and processes data from sensors and equipment across the oil fields, providing KOC staff with instant access to critical performance reports. This real-time data allows for swift decision-making, reduces downtime, and improves overall efficiency. Additionally, the system ensures that information is easily accessible, regardless of location, saving both time and resources. Enhancing decision-making Engineer Hamad Alrashidi, Head of the Integration Team for the northern fields, emphasized how KwIDF has transformed decision-making and monitoring within KOC. “The project has revolutionized how we track performance, handle large volumes of data, and make quick decisions,” Alrashidi explained. “KwIDF now covers over 95 percent of our wells, enabling us to efficiently manage a vast amount of information and identify potential issues before they become critical.” Alrashidi also highlighted that KwIDF has played a key role in reducing operational costs, improving the quality of services, and increasing KOC’s revenue. The system’s ability to consolidate various data sources into a unified platform has also reduced the need for third-party software, leading to significant cost savings. Reducing costs The digital field project has streamlined several operational processes, particularly in the management of drilling rigs and monitoring of production centers. By optimizing the distribution of drilling rigs, KwIDF has reduced operational expenses while allowing for continuous monitoring of a larger number of wells. “In addition to cutting costs, KwIDF provides real-time alerts and detailed reports to detect anomalies quickly,” said Alrashidi. “This ensures that operations continue smoothly, even in the most remote fields.” New career opportunities Basel Alotaibi, KOC Team Leader for Reservoir Research and Technology, noted that KwIDF has opened new career opportunities, particularly in areas such as information technology, software development, and cybersecurity. These roles, previously less common in the oil sector, are now critical as the industry embraces digital transformation. “We are also enhancing our infrastructure with 4G and 5G networks, as well as cloud-based systems to support the rapid transmission and analysis of data,” Alotaibi added. “These technological upgrades have significantly improved the accuracy and reliability of operations.” KwIDF reflects KOC’s commitment to leveraging the latest technologies to enhance operational efficiency, reduce costs, and ensure sustainable oil production. By incorporating advanced solutions such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics, KOC is positioning itself at the forefront of digital innovation in the oil and gas sector. The project not only strengthens Kuwait’s position as a leader in oil production but also sets a new benchmark for the industry, ensuring greater productivity and operational sustainability for the future. — KUNA

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