June 19, 2022 – Newswire Pakistan

June 19, 2022

ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages Okta, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – OKTA

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Okta, Inc. (NASDAQ: OKTA) between March 5, 2021 and March 22, 2022, both dates inclusive (the “Class Period”), of the important July 19, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Okta securities during the Class Period 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 Okta class action, go to https://rosenlegal.com/submit-form/?case_id=6365 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@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 July 19, 2022. 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. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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 has achieved the largest ever securities class action settlement against a Chinese Company. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Okta had inadequate cybersecurity controls; (2) as a result, Okta’s systems were vulnerable to data breaches; (3) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (4) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (5) all the foregoing, once revealed, was likely to have a material negative impact on Okta’s business, financial condition, and reputation; and (6) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Okta class action, go to https://rosenlegal.com/submit-form/?case_id=6365 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@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.

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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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

June 19, 2022

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Mullen Automotive, Inc. f/k/a Net Element, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – MULN, NETE

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Mullen Automotive, Inc. f/k/a Net Element, Inc. (NASDAQ: MULN, NETE) between June 15, 2020 and April 6, 2022, inclusive (the “Class Period”), of the important July 5, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Mullen securities during the Class Period 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 Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@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 July 5, 2022. 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. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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 has achieved the largest ever securities class action settlement against a Chinese Company. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Mullen overstates its ability and timeline regarding production; (2) Mullen overstates its deals with business partners, including Qiantu Motors; (3) Mullen overstates its battery technology and capabilities; (4) Mullen overstates its ability to sell its branded products; (5) Net Element did not conduct proper due diligence into Mullen Technologies; (6) the Dragonfly K50 was not (solely) delayed due to the COVID-19 pandemic; and (7) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Mullen class action, go to https://rosenlegal.com/submit-form/?case_id=5459 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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/.

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June 19, 2022June 20, 2022

Governor Punjab has taken a very illegal step by issuing an ordinance: Ch Parvez Elahi

Lahore, June 19, 2022 (PPI-OT):Former Governor Punjab Omar Sarfraz Cheema called on Speaker Punjab Assembly Chaudhry Parvez Elahi at his residence here. On this occasion, the current political situation in the country, including the constitutional crisis in Punjab was discussed.

Speaker Punjab Assembly Ch Parvez Elahi and former Governor Punjab Omar Sarfraz Cheema said that the Assembly is a constitutional body which has the status of an institution and weakening it, is tantamount to weakening the constitution and democracy. Governor Punjab has taken a very illegal step by issuing an ordinance. Unconstitutional session outside the assembly has been convened without the Secretary Punjab Assembly and Assembly staff. The Deputy Speaker has no authority to convene a session in the presence of Speaker. Those who used the slogan of honouring the vote harmed the Punjab Assembly, the largest democratic institution. An attempt was made by the Governor to deprive the Punjab Assembly of its powers.

He said that the session convened at a place other than the assembly had no constitutional and legal status, as the election had no status in the visitor’s gallery. According to the Rules of Procedure of the Assembly, only the Speaker can prorogue the session convened by the Speaker. No one else has the power to prorogue the session called by the Speaker. Orders to summon and prorogue have to be made by the Secretary Punjab Assembly.

Former Punjab Governor Omar Sarfraz Cheema said that with reference to the deprivation of powers of the Assembly and the Speaker by the Governor, the Punjab Assembly has passed a resolution under Rule (a) of Article 128 of the Constitution of Pakistan, after which the said ordinance Punjab Laws (Repealing and Removal of Difficulties) Ordinance2022 (of 2022X) has been repealed. After the repeal of the ordinance, the Assembly has been restored to its independent status.

For more information, contact:
Mediacell, Pakistan Muslim League
30-C, Chaudhry Zahoor Elahi Road,
Gulberg-II, Lahore, Pakistan
Tel: +92-42-35878428
Fax: +92-42-35877329
Website: www.pmlmediacell.com

June 19, 2022June 20, 2022

Foreign Minister Bilawal Bhutto Zardari’s statement on Pakistan’s successful completion of the 2018 and 2021 FATF Action Plans

Islamabad, June 19, 2022 (PPI-OT):I welcome FATF’s unanimous acknowledgment of completion by Pakistan of its 2018 and 2021 Action Plans. I would like to commend the hard work and dedicated efforts of Pakistan’s FATF team that have led to the successful completion of all technical requirements of both FATF Action Plans. This was the result of concerted national efforts and complete harmony of interests by all stakeholders.

The announcement by the FATF plenary of granting an on-site visit to Pakistan is a welcome development. It reflects the remarkable progress made by Pakistan to enhance the effectiveness of its AML/CFT regime. The Government of Pakistan is committed to continue this positive trajectory of reforming the financial sector as part of its larger strategic objective of strengthening Pakistan’s economy. I am certain that this good news from FATF will restore confidence in Pakistan’s economy and act as a catalyst for sustained growth and development.

Let me reiterate the Government of Pakistan’s high-level commitment to continue aligning our AML/CFT regime with global standards. We look forward to the on-site visit and a successful and early culmination of the process leading to Pakistan’s exit from the grey list.

For more information, contact:
PPP Media Cell (Sindh)
Pakistan People’s Party (PPP)
Peoples Secretariat Shikarpur Colony,
Behind Mazar-e-Quaid-e-Azam, Karachi, Pakistan
Cell: +92-305-3370383
Email: contact@ppp-tu.com
Website: https://www.ppp.org.pk

June 19, 2022

ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages Spero Therapeutics, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – SPRO

NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Spero Therapeutics, Inc. (NASDAQ: SPRO) between October 28, 2021 and May 2, 2022, both dates inclusive (the “Class Period”), of the important July 25, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Spero Therapeutics securities during the Class Period 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 Spero Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=6561 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@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 July 25, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the data submitted in support of the New Drug Application (“NDA”) of Tebipenem HBr, an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults, were insufficient to obtain U.S. Food and Drug Administration (“FDA”) approval; (2) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (3) the foregoing would necessitate a significant workforce reduction and restructuring of Spero Therapeutics’s operations; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Spero Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=6561 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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/.

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