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NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. WOLF . Shareholders who purchased shares of WOLF 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/wolfspeed-loss-submission-form/?id=113426&from=3 CLASS PERIOD: August 16, 2023 to November 6, 2024 ALLEGATIONS: According to the complaint, defendants provided the public with revenue projections that depended on Wolfspeed's Mohawk Valley fabrication facility ramping its production to meet and/or exceed demand for its 200mm wafer product. On November 6, 2024, Wolfspeed announced its financial results for the first quarter of fiscal year 2025 and unveiled guidance for the second quarter well below expectations. While defendants had repeatedly claimed that 20% utilization of the Mohawk Valley fabrication facility would result in $100 million revenue out of the facility, defendants now guided to a range 30% to 50% below that mark. The Company attributed its results and lowered guidance to "demand ... ramp[ing] more slowly than we originally anticipated" as "EV customers revise their launch time lines as the market works though this transition period." Investors and analysts reacted immediately to Wolfspeed's revelation. The price of Wolfspeed's common stock declined dramatically. From a closing market price of $13.71 per share on November 6, 2024, Wolfspeed's stock price fell to $8.33 per share on November 7, 2024, a decline of about 39.24% in the span of just a single day. DEADLINE: January 17, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/wolfspeed-loss-submission-form/?id=113426&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of WOLF 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 17, 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 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Genesis Bryant scores 27 and No. 19 Illinois women beat UMES 75-55 in Music City ClassicFor years, coming-of-age movies have delighted audiences due to filmmakers’ abilities to capture the experiences that accompany adolescence. John Hughes’ highly quotable films and some of Steven Spielberg ’s magnificent movies are prime examples. There are so many great entries in the genre, though some that may get overlooked are those told from the perspective of African Americans. There are plenty of great Black-led movies that focus on the joys and pitfalls of growing up, and we’re going to discuss 12 that deserve your time. Cooley High (1975) Quite frankly, Michael Schulz’s Cooley High is one of the most underrated coming-of-age films of all time. The Chicago-set film primarily focuses on two best friends (played by the great Glynn Turman and Lawrence Hilton-Jacobs), who ponder their futures while engaging in teenage shenanigans amid their senior year of high school. Within this thoughtful tale are themes of loyalty, ambition, and masculinity, among others. And be warned: this film will make you laugh, but it’ll have ripped your heart out by the time it ends. Stream Cooley High on Tubi. Stream Cooley High on Pluto TV. Boyz N The Hood (1991) The late John Singleton is still remembered for a number of his films, but Boyz n the Hood arguably stands at the top of its filmography. His gripping early ‘90s flick about three young men growing up in South Central Los Angeles oozes authenticity and manages to convey both a sense of edginess and warmth. This critically acclaimed film is even more impressive when you consider that this is Singleton’s directorial debut. It also features great performances from Laurence Fishburne , Cuba Gooding Jr., Ice Cube and more. Stream Boyz n the Hood on Netflix. Menace II Society (1993) I’d certainly argue that, in some circles, Menace II Society doesn’t receive the level of recognition that a movie like Boyz n the Hood is privy to. This film tells the story of a South L.A. teen and his friends, as they navigate their violent and drug-heavy surroundings. Although the movie, which is helmed by the Hughes Brothers, includes a considerable amount of violence, it doesn’t feel like it’s injected into the narrative without purpose. Honestly, it’s not pleasant viewing, but it’s a film that does indeed need to be seen. Stream Menace II Society on Tubi. Crooklyn (1994) Spike Lee’s talent shines through in more than a few of his movies, but that’s especially true with a production like Crooklyn . One of the best Black Family movies available to watch, it focuses on a 9-year-old girl as she faces life’s ups and downs alongside her family in 1970s Brooklyn. It’s a flick that can generate some solid laughs, but there’s also a level of thoughtfulness, as it chronicles the world through the eyes of a precocious child. The solid script and keen direction help make this one of Lee’s most socially relevant films . Rent/Buy Crooklyn on Amazon Prime Video. Eve’s Bayou (1997) Eve’s Bayou is another film that deserves a bit more recognition. If you haven’t seen this Southern delight, know that it’s about a well-off Black family living in 1960s Louisiana, with the titular 10-year-old Eve Batiste serving as our eyes and ears. What writer/director Kasi Lemmons presents is a sweet and affecting story about youth and loss of innocence, and the fact that it centers around a Black family with money was something of a novelty years ago. And, of course, it’s all anchored by Jurnee Smollett’s winning performance as the endearing Eve. Stream Eve’s Bayou on Peacock. Stream Eve’s Bayou on Pluto TV. The Wood (1999) It’s very hard not to chuckle or smile when you’re taking in a movie like The Wood . Director and co-writer Rick Famuyiwa has produced some excellent films, but this is a movie I could watch over and over . The 1999 dramedy chronicles the bonds between three best friends, as the film flips from the present (in which one pal is about to get married) and the past (which involves the trio’s teen years in Inglewood). Famuyiwa’s steady direction helps generate humor and heart as do the performances of the top-notch cast of actors. Stream The Wood on Tubi. Stream The Wood on Amazon Prime Video. ATL (2006) An entertaining gem of the early 2000s, ATL is yet another film that presents a coming-of-age story from a specific lens. This is a fantastic film starring a rapper , as it sees T.I. playing a high school senior pondering his future while hanging out with his friends and watching over his younger brother. Director Chris Robinson effectively balances humor with the more dramatic elements within the narrative. The story may not break the mold, but the A+ cast adds a great deal to a movie that’s about love, loyalty and skating. Stream ATL with Starz. Rent/Buy ATL on Amazon Prime Video. Girlhood (2014) Céline Sciamma’s Girlhood feels fresh, in part because it’s set to the backdrop of Paris and is firmly (and lovingly) wrapped up in French culture. Yet the film, which is about a poor teen girl who befriends a clique of young ladies, feels very universal. This critically acclaimed piece of work not only taps into the experiences of teen girls but also has a bit of social commentary to convey as well. It’s a well-done film, and what’s really appreciated is that Sciamma chose to tell the story with Black leads when she could’ve chosen not to. Buy/Rent on Amazon Prime Video. Dope (2015) Years after directing The Wood , Rick Famuyiwa returned to the coming-of-age sphere with the eclectic comedy, Dope . What we have here is a funny and somewhat earnest tale about a high school senior and his two friends dodging thugs following a chance encounter with a drug dealer. The film truly fires on all cylinders, especially when it comes to the humor. What truly makes this film a novelty, though, is that it’s one of the best films to chronicle the experience of being a Black nerd (which is something I know a lot about). Stream Dope on Tubi. Moonlight (2016) If we’re to be honest, there are definitely people who remember Best Picture winner Moonlight for the on-air Oscars debacle. That should in no way overshadow the sheer magnitude of Barry Jenkins’ film, though. Viewers follow Chiron, a poor Black child from Liberty City throughout three stages of his life. The ultimate result is a firmly directed, beautifully shot and powerfully acted film about masculinity, sexuality and self-acceptance. You’ll want to have your tissues ready for this one, too, as the ending sneaks up on you. Rent/Buy Moonlight on Amazon Prime Video. The Water Man (2020) Chances are you probably haven’t seen or even heard of The Water Man , given it flew under the radar during the midst of the COVID-19 pandemic. Should that be the case, then you may want to rectify that, as actor David Oyelowo ’s directorial debut is very sweet. At the center of the story is an 11-year-old boy who seeks to cure his mother’s cancer by finding a magical being. There’s plenty of wonder and warmth to be found in this movie, and Oyelowo deserves a lot of credit for making such a good movie on his first attempt as a director. Rent/Buy The Water Man on Amazon Prime Video. We Grown Now (2023) A film that’ll truly warm your heart is We Grown Now , which comes from writer/director Minhal Baig. Set in the ‘90s, the film focuses on two, grade-school-aged best friends named Malik and Eric. Audiences are offered a peek into the boys ’ time growing up in the Cabrini-Green housing complex, where life proves to be difficult and unpredictable. While there are sad moments within the film, it’s ultimately a story about optimism and resilience. There are moments when the two characters yell, “We exist,” and I’m glad this film does, too. Stream We Grown Now on Netflix. So, as you can see, there are some excellent coming-of-age films headed by stellar Black talent, and there are even more out there. I can’t recommend the films that have been discussed enough. So, do yourself a favor and check out this collection of fine films, and others.
Drones, planes or UFOs? Americans abuzz over mysterious New Jersey sightingsThousands of protesters marched through Barcelona on Saturday demanding lower rents in Spain's second city. Barcelona, which has already taken action to stop the spread of holiday rental apartments, is the latest Spanish city to see protests for cheaper housing. Backed by left-wing parties and unions, the demonstrators gathered in central Barcelona behind a giant banner declaring "Lower the rents". "Today a new political cycle starts concerning housing," Carme Arcarazo, spokesperson for the Catalan Tenants Union, the main organiser, told reporters. "Investors must not be allowed to come to our cities and play with the apartments like a game of Monopoly," she added. The union would target "profiteers" who are taking "half of our salaries", Arcarazo said. The demonstrators demanded a 50 percent cut in rents, leases with an unlimited term and a ban on "speculative" sales of buildings. They threatened to start a rent strike. More from this section An estimated 22,000 people took part in a similar demonstration in Madrid on October 13. Campaigns have been launched in other cities. According to the Idealista specialised website, rental prices per square metre have risen 82 percent across Spain over the past decade. The average salary has gone up by 17 percent in that time, according to the national statistics institute. Facing pressure over a housing crisis, the government in 2023 passed legislation calling for more social housing, greater restrictions on rents in high demand areas and penalties for owners who do not occupy properties. But rents have continued to rise while the government has battled city and regional authorities to get some parts of the law applied. vid-vab/tw/jm
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