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SAN DIEGO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Symbotic Inc. (NASDAQ: SYM) securities between February 8, 2024 and November 26, 2024. Symbotic is an automation technology company that engages in the production of a robotics and automation-based product movement technology platform. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Symbotic Inc. (SYM) Failed to Disclose Material Weaknesses in its Internal Control Over Financial Reporting According to the complaint, on November 27, 2024, the Company filed with the SEC a Form 8-K/A, in which the Company revealed it had "identified errors in its revenue recognition related to cost overruns on certain deployments that will not be billable, which additionally impacted system revenue, income (loss) before income tax, net income (loss) and gross margin recognized in the second, third, and fourth quarters of fiscal year 2024." Further, the Company indicated that its previously issued financial statements for the fourth quarter and fiscal year 2024 and the Company’s supplemental presentation, should no longer be relied upon. On this news, the price of Symbotic stock fell over 35%, to close at $24 per share on November 27, 2024. What Now : You may be eligible to participate in the class action against Symbotic Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Symbotic Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3edbf291-c5a4-45f0-a769-259266b2c15b17,340 Shares in PotlatchDeltic Co. (NASDAQ:PCH) Bought by Intech Investment Management LLC

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California to consider requiring mental health warnings on social media sites( MENAFN - EIN Presswire) NEW YORK, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest airlines Co. (NYSE: LUV) in connection with Southwest Airlines' information technology infrastructure impacting Southwest Airlines' business, operations, and stock price. If you currently own shares of Southwest Airlines stock, please visit the firm's website at for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at ... . 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. 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: , on Twitter: or on Facebook: . 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 ... Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN15122024003118003196ID1108995371 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.“There was excitement in the classroom and, for a few students, they were moments of pure magic. The wide-eyed girls burst into spontaneous giggles, even as the unfamiliar, yet friendly voice of ‘Alexa’, captivated their attention,” recalls G. Sravya, Training and Content Associate at Quest Alliance, a non-profit trust roped in by the Government of Andhra Pradesh to integrate Artificial Intelligence (AI) in the school curriculum. To equip young learners for the digital future, the students of Classes 7 to 9 will soon learn about AI as a part of their curriculum. Watching the Amazon’s cloud-based voice service, Alexa, respond to their curious queries, some of the students, after an initial pause and hesitation, screamed, “It listens to us and it talks back.” Ms. Sravya was recounting the students’ brush with the latest technology at one of the Kasturba Gandhi Balika Vidyalaya (KGBV) in Srikakulam district. The initiative was a part of a three-year Memorandum of Understanding (MoU) signed between the Samagra Shiksha, Quest Alliance, and Leadership for Equity (LFE), under Amazon’s Future Engineer Programme (AFE), in February, 2024. The AI curriculum is being piloted this year in around 100 KGBVs and Andhra Pradesh Model Schools (APMS) in Srikakulam, Vizianagaram and Visakhapatnam districts. “In these three years, our role is to ensure that the students’ understanding of AI deepens through foundational knowledge and hands-on experience, and prepare the young learners for future tech-driven careers,” said Sameera, Andhra Pradesh State Lead for Quest Alliance. Most students in KGBVs come from marginalised communities with a rural background. “For students, its the opening of a door to the vast possibilities of technology,” said Srikakulam District Education Officer S. Tirumala Chaitanya. “The initiative is being implemented in 38 schools — 25 KGBVs and 13 Model Schools — in the district,” he said. The Quest Alliance also imparted training to 200 teachers. “The initial amazement and disbelief of the students is gradually transforming into knowledge that AI is the creation of computer systems capable of performing tasks that typically require human intelligence,” said Ms. Sameera, adding that the objective was to make students not only learn the concepts and applications of AI, but also help them build critical thinking and analytical skills to become responsible digital citizens. Mr. Chaitanya said the good thing was that teachers were gaining expertise through AI training, and that the initiative would equip our classrooms with answers to the demands of the 21st century. “The curriculum is designed to develop students’ proficiency in using fundamental AI tools and technologies, while making sure that they also understand the potential risks and iniquities the technology operates with,” said Ms. Sameera, explaining that to encourage creativity, the programme allows students to explore AI applications in various projects, fostering creative expression through technology. The annual curriculum is collaboratively being tested and co-developed with educators from government schools. “Their expertise ensures the curriculum is contextualised and tailored to local needs, creating a grounded and culturally relevant AI programme,” explained Ms. Sameera. Published - December 15, 2024 08:18 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Andhra Pradesh / Artificial Intelligence / computing and information technology / education / emerging technologiesConnor Bedard is discouraged, and Blackhawks' illogical line combinations are partly to blame

The Director General of Media and Communication to Governor Abba Yusuf, Sunusi Dawakin Tofa, has narrated how he took refuge in the Kano State Government House to avoid being arrested by security operatives. Making this known while delivering an address at the PR Nigeria Young Communication Fellowship in Kano, he claimed that at least 40 officers of the Inspector General of Police monitoring team were deployed to Kano to arrest him about six days ago. He however stated that he remained in the government house because of the constitutional immunity that disallows arrest on the premises except with the governor’s express instruction. Tofa explained that he had a court order restricting the police from arresting him which was why he attended the event which he could not miss, adding that he was fortified against being arrested. “For the last five days, I have been in the government house and could not come out. The nature of Kano politics is so much that there is a fight that you can even say is a federal versus state fight. And at some point, I have almost been behind almost everything of that nature. According to him,” There was this petition against me and nobody is handling the petition but the IGP himself. He deployed the 40 IG monitoring team squad to Kano since Sunday with the sole aim of arresting me. “I have gotten a court order which has not been served to the police but is viral, so I’m sure they must have seen it. And then the third one is that I came here well fortified to resist arrest if it happens. While addressing the fellows, he advised them on the importance of mentorship as well as the benefits. “So gentlemen, I will say media, communication, journalism, PR, is a very noble profession. You don’t need to be a graduate of mass communication to venture into it as much as you can get professional training and a mentor. He therefore disclosed that ” In my entire life, I believed so much in maintaining a mentor. In the last 24 years, whatever I take as a decision to do in my life, I search for a mentor for that particular thing. In some areas, I get mentor 1, mentor 2 and mentor 3. Mentor 1,2,3 will give you an option. If you are so confused about something you can gather the three opinions and evaluate them and then pick the best that suits you” he advised. Addressing newsmen the chief executive of PR Nigeria, Yusha’ Shu’aib said the program was initiated to nurture and mentor a new generation of communicators and equip them with the skills and tools to communicate. “In the past people always thought about basic skills in communication but now with the advent of technology, we realize that the issue has to do with fact-checking. “Therefore Artificial Intelligence and social media are very vital in communication these days” he stated. READ MORE FROM: NIGERIAN TRIBUNE