
Alberta RCMP officer charged with sexual assault after 2022 hotel partyCalif. to consider requiring mental health warnings on social media sitesSAN DIEGO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action against Kyverna Therapeutics, Inc. (NASDAQ: KYTX) and certain of the Company's senior executives and directors who signed the Registration Statement, effective February 7, 2024, issued in connection with the Company's initial public offering ("IPO"). Kyverna is a clinical-stage biopharmaceutical company focused on developing cell therapies for patients suffering from autoimmune diseases. 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 Kyverna Therapeutics, Inc. (KYTX) Provided Investors with Misleading Information in Connection with its IPO According to the complaint, the Offering Documents in support of Kyverna's IPO were negligently prepared and were not prepared in accordance with the rules and regulations governing their preparation. The complaint alleges that the Offering Documents stated, “[i]n early results available as of December 31, 2023, from the first two adult patients enrolled in our KYSA-1 LN trial and from the first adult patient enrolled in our KYSA-3 LN trial, we observed improvement in UPCR.” However, Plaintiff contends this statement, and others, was false and misleading because Kyverna failed to disclose adverse data it possessed related to one of its trials. By the commencement of this action, Kyverna’s shares traded as low as $3.92 per share, a decline of more than 82% from the Offering Price. What Now : You may be eligible to participate in the class action against Kyverna Therapeutics, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 7, 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 Kyverna Therapeutics, 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/b9c000ea-96b0-4098-b8fa-c12bc6c2d356
The Osun State chapter of the All Progressives Congress (APC) has criticised the recent workers’ appreciation rally held in support of Governor Ademola Adeleke, questioning its purpose and dismissing it as a publicity stunt. The rally, organised by Osun State workers under the umbrella of the Nigeria Labour Congress (NLC), was held to appreciate the governor’s approval of a new minimum wage of ₦75,558.24 for workers and ₦25,000 for pensioners. Speaking during the event on Monday, Governor Adeleke declared himself a “Talk and Do Governor,” reiterating his commitment to fulfilling his campaign promises, with workers’ welfare as a top priority. In a statement issued by its Director of Media and Information, Mr Kola Olabisi, the APC accused Governor Adeleke of seeking “cheap political popularity” through the rally. The party criticised the administration for allegedly sponsoring the event, claiming it lacked authenticity as no worker had yet received the promised minimum wage. Olabisi described the rally as “a superfluous theatrical show” and questioned why the appreciation did not originate directly from the workers. He said: “It is absurd that the state government under Governor Adeleke would stoop to sponsoring a civil servants’ rally, all in the name of announcing a minimum wage that has not yet been implemented. This is nothing but an attempt to fraudulently curry non-existent political popularity.” The APC also raised concerns about other unresolved issues in the state, including the alleged encroachment on the Ido-Osun Airport land by Adeleke Secondary School, a property linked to the governor’s family. The appreciation rally, held at the Government Secretariat in Osogbo, attracted a large turnout of workers who sang and danced while awaiting Governor Adeleke’s arrival. “We are here today to show appreciation for the kindness of Governor Ademola Adeleke in approving a minimum wage of ₦75,558.24. We, as workers, pledge to ensure quality service delivery for the benefit of Osun State.” In his speech, Governor Adeleke reaffirmed his commitment to workers’ welfare, stating, “They call me the Talk and Do Governor. During my campaign, I made workers’ happiness my priority. It’s a sin for someone to work and not get paid. Even with limited resources, I’ll continue to prioritise your welfare.” The governor also hinted at plans to improve the state’s Internally Generated Revenue (IGR), promising that these efforts would benefit the workforce. The APC, however, accused Governor Adeleke of neglecting pressing issues such as resolving the Ido-Osun Airport relocation crisis and addressing allegations of favouritism in the extension of the Head of Service’s tenure. The party argued that the rally was a distraction from these critical matters, warning: “If Governor Adeleke thinks this sycophantic rally will earn him political leverage beyond 2026, he is wasting his time and daydreaming.”
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