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NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Kyverna Therapeutics, Inc. (NASDAQ: KYTX) pursuant and/or traceable to the Company's initial public offering conducted on February 8, 2024 (the "IPO"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 7, 2025 . So what: If you purchased Kyverna common stock 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 Kyverna class action, go to https://rosenlegal.com/submit-form/?case_id=32239 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 February 7, 2025 . 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 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. Details of the case: According to the lawsuit, the registration statement and prospectus used to effectuate Kyverna's IPO misstated and/or omitted facts concerning the results of Kyverna's ongoing evaluation of KYV-101, Kyverna's lead product candidate, in clinical trials. Specifically, Kyverna touted patient "improvement" in certain indicators while failing to disclose adverse data regarding one of Kyverna's trials, which adverse data was known to Kyverna at the time of the IPO. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Kyverna class action, go to https://rosenlegal.com/submit-form/?case_id=32239 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/kytx-investors-have-opportunity-to-lead-kyverna-therapeutics-inc-nasdaq-kytx-securities-fraud-lawsuit-302330619.html SOURCE THE ROSEN LAW FIRM, P. A.Vice President Kamala Harris took to social media to urge supporters to remain resilient despite her Election Day loss to President-elect Donald Trump. “I just have to remind you, don’t you ever let anybody take your power from you. You have the same power that you did before November 5, and you have the same purpose that you did, and you have the same ability to engage and inspire,” Harris said. Harris and her running mate, Minnesota Gov. Tim Walz, discussed the election during a conference call with the Democratic Party’s financial committee. It was the first time Harris spoke about the election loss since delivering her concession speech at Howard University three weeks ago. On the call, Harris highlighted the campaign’s fundraising efforts. According to Harris, her campaign raised nearly $1.5 billion during the three-month campaign, with almost 8 million donors contributing an average of $56. “The work that you all did is going to have [a] lasting effect,” she said. “Again, I’ll say you know that the election didn’t turn out like we wanted it to, certainly not as we planned for it to, but understand that the work we put into it was about empowering people. That’s the spirit with [which] we did our work.” In her address, Harris emphasized the importance of building a diverse coalition. “Hard work is good work. Hard work can be joyful work, and in doing our work, we will remain committed and intentional about building community, building coalitions, reminding people that we all have so much more in common than what separates us. We will be armed with the faith and the fuel that tells us what is possible and then drives us to achieve it,” she added. She also thanked top donors for their support. “The outcome of this election, obviously, is not what we wanted. It is not what we worked so hard for, but I am proud of the race we ran, and your role in this was critical,” Harris said. “What we did in 107 days was unprecedented. Think about the coalition that we built.” Leaders of Harris’ campaign have insisted they simply didn’t have enough time to execute a winning strategy. Speaking on the “Pod Save America” podcast that aired Tuesday, Harris’ leadership team defended strategic decisions made in the campaign’s closing days, some of which have faced scrutiny in the weeks since Trump’s decisive victory. Specifically, they defended Harris’ outreach to Republican voters, her unwillingness to distance herself from President Biden, her silence on Trump’s attacks on her transgender policies, and her inability to schedule an interview with popular podcaster Joe Rogan. “In a 107-day race, it is very difficult to do all the things you would normally do in a year and a half, two years,” said Harris campaign senior adviser Jen O’Malley Dillon. David Plouffe, another senior adviser, added, “There was a price to be paid for the short campaign.”
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Just in Time for the Holidays: Tesla Mezcal Re-Releases a Limited Edition Collaboration with Nosotros MezcalShopping malls were once the center of the universe for suburban teens, until the internet made it easier to shop and socialize from right at home. But Gen Z is rejecting the online obsessions of Gen X and millennials by returning to the once-forsaken halls of shopping malls. It’s part of... ... a general trend of shopping in person, rather than online, which has also contributed to the revival of . The mall revival is a different beast, though. Gen Z shoppers want items quicker, to spend time with their friends, and to share their shopping adventures on social media. Nearly 63% of Gen Zers plan to shop at physical stores this holiday season, , while only ~50% plan to use retailers’ apps and websites. Take mall staple Abercrombie & Fitch: 60% of sales for its millennial-skewing mainline brand come digitally, but only 30% of sales for its Gen Z-friendly Hollister label are online. Malls are courting these shoppers with more experiential offerings (mini golf, Instagram photo ops, etc.), plus hotter retailers that attract more attention than dying anchor stores. Too online as it is Gen Z was raised on the internet, even before covid killed a lot of in-person bonding experiences. Roberta Katz, a Stanford University researcher who studies Gen Z, they want to embrace the real world’s advantages. They have also become jaded by the digital retailers that supposedly “killed” malls the last time around. Thirty-nine percent of Gen Z shoppers are “tired of hearing about Amazon,” data from research firm Mintel 60% of Gen Z shoppers believe Amazon is “too powerful.” Nearly 50% of Gen Z shoppers try to actively avoid Amazon, compared to 20% of boomers and 40% of millennials. After growing up with the toothless smile on Amazon boxes and the cold sterility of Zoom classrooms, Gen Z seems happy to touch the proverbial grass.