Month: October 2022

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TSP DEADLINE TOMORROW: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages TuSimple Holdings Inc. Investors to Secure Counsel Before Important October 31 Deadline in Securities Class Action – TSP

NEW YORK, Oct. 30, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings Inc. (NASDAQ: TSP): (i) pursuant and/or traceable to the offering documents issued in connection with the Company’s initial public offering conducted on or about April 15, 2021 (the “IPO”); and/or (ii) between April 15, 2021 and August 1, 2022, both dates inclusive (the “Class Period”), of the important October 31, 2022 lead plaintiff deadline.

SO WHAT: If you purchased TuSimple securities 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 TuSimple class action, go to https://rosenlegal.com/submit-form/?case_id=8026 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 October 31, 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, the IPO documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, the complaint alleges that, throughout the Class Period, defendants made materially false and misleading statements regarding TuSimple’s business, operations, and prospects. Specifically, the IPO documents and defendants made false and/or misleading statements and/or failed to disclose that: (1) TuSimple’s commitment to safety was significantly overstated and defendants concealed fundamental problems with the Company’s technology; (2) TuSimple was rushing the testing of its autonomous driving technology in order to deliver driverless trucks to the market ahead of its more safety-conscious competitors; (3) there was a corporate culture within TuSimple that suppressed or ignored safety concerns in favor of unrealistically ambitious testing and delivery schedules; (4) the aforementioned conduct made accidents involving TuSimple’s autonomous driving technology more likely; (5) the aforementioned conduct invited enhanced regulatory scrutiny and investigatory action toward TuSimple; and (6) as a result, defendants’ 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 TuSimple class action, go to https://rosenlegal.com/submit-form/?case_id=8026 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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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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8684914

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Sec. Hillary Clinton, Canada’s Deputy PM Chrystia Freeland, Oprah Winfrey, Malala, Christine Lagarde, Michelle Obama & Global Women Leaders from Over 14 Countries Sign an Open Letter Calling for UN Action Against Iran

The Open Letter, Published in Sunday’s New York Times, Calls for the Immediate Expulsion of the Islamic Republic of Iran from the UN Commission on the Status of Women

WASHINGTON, D.C., Oct. 30, 2022 (GLOBE NEWSWIRE) — The world’s preeminent women leaders in business, politics, advocacy and the arts published an open letter in Sunday’s New York Times calling for the immediate removal of the Islamic Republic of Iran (IRI) from the United Nations Commission on the Status of Women (CSW).

Signatories of the letter include Sec. Hillary Clinton, Canada’s Deputy Prime Minister & Minister of Finance Chrystia Freeland, Media Leader & Philanthropist Oprah Winfrey, Nobel Peace Prize Laureate & Education Activist Malala Yousafzai, Economic & Political Leader Christine Lagarde, former First Lady of the United States & Advocate of Girls Education Michelle Obama, former Executive Director of UN Women Phumzile Mlambo-Ngcuka, former head of UN Climate Change Convention Christiana Figueres DBE, former First Lady of the United States & Education Advocate Laura Bush, Nobel Peace Prize Laureate & Human Rights Activist Nadia Murad and women in leadership positions from 14 countries (and counting).

This global effort—a partnership between Vital Voices, For Freedoms and a coalition of Iranian women leaders—comes amid more than 40 days of worldwide protests launched and led by Iranian women and girls after the tragic death of 22-year-old Mahsa Jina Amini. The protestors are demanding justice after Amini died on September 16, 2022 while in police custody. Amini was arrested by the Islamic Republic of Iran’s “morality police” for allegedly not complying with mandatory hijab laws.

Reports of extreme punishments and harsh crackdowns against protestors by Iranian authorities have flooded international headlines and social media feeds in the weeks since Amini’s death, gaining worldwide attention and scrutiny.

The group of women leaders who signed on to the letter came together in solidarity with Iranian women and girls with a clear call to action: the immediate removal of the Islamic Republic of Iran from the Commission on the Status of Women.

Within the first few days of going live, the letter received more than 21,000 signatures and growing. Additionally, more than 130,000 petitioners have also signed a letter asking for the same outcome on Change.org.

The open letter states: “We condemn the brutal violence of security forces against peaceful protesters … Earlier this year, to the dismay of women’s rights advocates around the world, Iran began a four–year term on the UN’s 45–member Commission on the Status of Women. This preeminent global body is exclusively dedicated to promoting gender equality and women’s empowerment. The Islamic Republic of Iran’s long–standing, systematic oppression of women should have disqualified them from election to the CSW.”

The letter also laments the Islamic Republic of Iran’s record on women’s rights, citing gender inequality and legalized discrimination against women regarding marriage, divorce, inheritance, child custody cases and attire. These restrictions include the mandate that requires women to wear head coverings at the onset of puberty.

The signatories of the letter warn that the violence and loss of life will continue without global intervention at the highest levels, and that the Commission on the Status of Women will lose credibility each day the Islamic Republic of Iran remains a member.

“This is a critical moment for leaders in the international community to vocally and unequivocally demonstrate their support for women’s rights by standing in solidarity with Iranian women and girls,” states the letter.

Members of the public are invited to read the full letter here. To join the movement, sign on here.

About Vital Voices Global Partnership
Now celebrating 25 years, Vital Voices Global Partnership has directly invested in more than 20,000 women leaders across 184 countries and territories since its inception in 1997. Driven by the universal truth that women are the key to progress in their communities and nations cannot move forward without women in leadership positions, Vital Voices has provided early support for leaders who went on to become Nobel Peace Prize Laureates, U.S. Youth Poet Laureates, prime ministers, award-winning innovators, pioneering human rights defenders, and breakthrough social entrepreneurs, including Amanda Gorman and Malala Yousafzai. In an effort to advance and expand this work, in 2022 Vital Voices opened the doors to the world’s first global embassy for women, the Vital Voices Global Headquarters for Women’s Leadership. It is a first-of-its-kind space that allows for convening, innovation, planning, and action—all in the pursuit of serving women leaders who are taking on the world’s greatest challenges.
www.vitalvoices.org

About For Freedoms
For Freedoms is an artist collective that centers art and creativity as a catalyst for transformative connection and collective liberation.

By wielding the power of art, we aim to deepen and expand our capacity to interrogate what is and imagine what could be.

Together, we seek infinite expansion.
www.forfreedoms.com

Attachments

Vital Voices Global Partnership
media@vitalvoices.org

GlobeNewswire Distribution ID 8685121

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HRCP calls on state to hasten rehabilitation of flood-affected 

Lahore, October 30, 2022 (PPI-OT):On concluding its 36th Annual General Meeting (AGM), the general body of the Human Rights Commission of Pakistan (HRCP) has called on the federal and provincial governments to accelerate their efforts to rehabilitate the thousands of people who have lost their homes and livelihoods in the recent floods. While the scale of the disaster was overwhelming, it is now essential to focus on resettling those displaced in habitats that are better adapted to the effects of climate change.

HRCP reiterates its call for urgent land reforms, which are critical not only to reducing poverty and realising rights such as equal access to food and housing, but are also necessary if the state is to rehabilitate vulnerable communities affected by the floods. While Pakistan has every right to demand climate reparations, it must also look within and articulate a strategy to ensure that its most vulnerable groups receive climate justice and to secure all people’s right to food, shelter and health amid the economic crisis.

HRCP also expresses its concern over the ongoing political turmoil and reminds both the government and opposition that not only is this harmful for Pakistan’s democracy, but it also threatens people’s fundamental rights and freedoms. The continuing impunity for perpetrators of enforced disappearances and extrajudicial killings remains cause for serious concern. HRCP recalls that it has been two months since one of its own members, Lala Fahim Baloch, was disappeared from Karachi and demands that he be recovered safely.

HRCP notes with alarm an uptick in mob violence, with two men lynched recently in Karachi on groundless suspicions that they were kidnappers. While this is a worrying symptom of an increasingly brutalised society, it also reflects loss of public faith in the state’s ability to ensure justice. The state must also heed the demands of people in Swat, who have long warned of the rise in militancy and must not be left to bear the brunt of extremist-fuelled violence.

The deliberate and insidious marginalisation of the Ahmadiyya community – most recently in the shape of declarations of faith being made mandatory to register a marriage – is cause for grave concern. HRCP also calls on the state to ensure that Scheduled Castes in Sindh are given their due representation in government and that their right to freedom from any manner of discrimination is protected. The malicious campaign against the Transgender Persons (Protection of Rights) Act 2018 must cease and the provincial governments must also enact legislation to protect the rights of transgender persons.

The state must also present and implement a strategy with respect to Afghan refugees that recognises their right to seek asylum in Pakistan and to live in dignity as refugees, while ensuring the political and economic rights of the host communities. Additionally, HRCP demands that all public institutions be made easily accessible for persons living with disabilities. HRCP also believes that all judicial appointments must be made without discrimination on the grounds of ethnicity, faith or gender.

Securing all people’s right to freedom of expression, assembly and association is vital to strengthening the democratic fabric. HRCP reiterates its condemnation of the FIR lodged against Manzoor Pashteen at the Asma Jahangir Conference. The Commission also calls on the government to ensure that all citizens’ right to peaceful protest is protected. Additionally, HRCP takes strong exception to the state’s efforts to over-regulate NGOs and civil society organisations, many of which play a key role in providing services in areas neglected by the state itself.

For more information, contact:
Chairperson,
Human Rights Commission of Pakistan (HRCP)
Aiwan-i-Jamhoor, 107-Tipu Block,
New Garden Town, Lahore-54600
Tel: +92-42-35864994
Fax: +92-42-35883582
Email: hrcp@hrcp-web.org
Website: www.hrcp-web.org

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Former MNA Mian Tariq Mehmood and with the ticket holder Mian Hassan Yousaf met CM Ch Parvez Elahi

Lahore, October 30, 2022 (PPI-OT):Chief Minister Punjab Chaudhry Parvez Elahi met with former Member National Assembly Mian Tariq Mehmood and with the ticket holder Mian Hassan Yousaf Advocate at CMO. Mian Tariq Mehmood and Mian Hassan Yousaf presented him a cheque of Rs one crore for the CM Flood Relief Fund. CM thanked Mian Tariq Mehmood on giving financial assistance for the flood-affectees and remarked that helping the flood-affectees is not less than worship.

He stated that the affluent persons generously provided financial assistance to help the flood-affected people adding that the Punjab government is doing the rehabilitation work of the flood-affectees from its own resources and from the donations of the philanthropists. CM informed that implementation on the comprehensive program for the rehabilitation and settlement of the flood-affected people has commenced.

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

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Pakistan Broadcasters Association expresses deep sorrow and grief over the tragic death of Ms. Sadaf Naeem

Karachi, October 30, 2022 (PPI-OT):In a statement issued today in Karachi, PBA expressed deep sorrow and grief over the tragic death of Ms. Sadaf Naeem, a journalist working for Channel-5.

PBA and its members offer their deepest condolences to the deceased journalist’s family and pray that may Allah Almighty rest the departed soul in eternal peace and grant fortitude to the bereaved family to bear this loss.

For more information, contact:
Executive Director,
Pakistan Broadcasters Association (PBA)
177/ 2, 1st Floor, I.E.P Building,
Liaquat Barracks, Shahrah-e-Faisal, Karachi, Pakistan
Tel: +92-21-32793075, +92-21-32793083, +92-21-32793089
Fax: +92-21-32793045
Email: alibutt@pba.org.pk, info@pba.org.pk
Website: https://pba.org.pk/

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CM Ch Parvez Elahi laid the foundation stone of the CBD Punjab boulevard project for its remodelling from the Kalma Chowk to Liberty

Lahore, October 30, 2022 (PPI-OT):Chief Minister Punjab Chaudhry Parvez Elahi laid the foundation stone of the Central Business District (CPD Punjab Boulevard) project for its remodelling from the Kalma Chowk to Liberty and the completion of the project will provide ease to the citizens in transportation and will save time. The CPD Boulevard will cost approximately Rs 4 billion 20 crore and this project will be an example of its own not only of Lahore but also in Punjab as well as Pakistan. CPD Punjab Boulevard project will promote national and international investment. Remodelling of the main boulevard from the Liberty Chowk to the Kalma Chowk has been given the name of “CPD Punjab Boulevard.

“CM while addressing the ceremony of laying the foundation stone of CPD Punjab Boulevard project and later talking with the media said that the CPD project is being developed according to the vision of Imran Khan adding that Imran Khan wants the investors to forget Dubai and invest in the CPD project. According to the vision of Imran Khan we will provide all facilities to the investors doing investment in the CPD project. He asserted that he will not tolerate any obstacle relating to investment matters adding that a separate cell will be set up in the CMO to run the matters of investment relating to CPD on a fast track.

The number of projects which our government is launching in Punjab, its benefit will reach the common man adding that if the intentions are pure and home work is done then an excellent performance surfaces. He said that those works which our government launched from the onset, their positive results have started coming to surface. He said that during his previous tenure he had launched the programme to computerise the number plates adding that now the PITB has started “Go Punjab App” and the citizens will be ensured provision of services by sitting at their homes. Now the citizens will not have to go to the offices for getting token tax, driving licence, death and birth certificates, marriage certificate and other services.

The farmers have also been given the facility through the app for the payment of Abiana and Malia adding that the farmers need not to go to the patwaris for the Abiana and Malia. The stamp fee of the property tax has been reduced to 1 percent from 2 percent and the ban from the recruitments has been lifted in Punjab. The advertisements for the recruitments are publishing in the newspapers. We have established five new districts in Punjab and are also going to make three new districts of Lahore adding that some part of Kasur is also being included in the new district of Lahore and it will also be linked with the Motorway.

The Motorway after going through Kasur will go to Pakpattan, Okara and Bahawalnagar. This road from Bahawalnagar will link Bahawalpur and Rahim Yar Khan and will be linked with Sindh. CM stated that it is our endeavour to provide maximum facilities to the common man adding that we have decided to launch the Blue Line project in Lahore. He lamented that Shehbaz Sharif in his previous tenure ruined his present project and started the Orange Line Metro train project. The Blue Line train will run from Model Town, Garden Town and will take the Blue Line from Data Sahib up to the old airport and this project will prove to be a milestone for Lahore.

This project will be completed under BOT and discussion with the ADB in this regard has started. The loan will be taken at 2 percent on soft conditions. He disclosed that nice projects will be introduced for the citizens of Lahore and the children of common man will also get jobs. Our government has made education free up to BA level and the World Bank is also assisting in this regard. According to the vision of Imran Khan Pakistan will progress. Subsidy amounting to billions of rupees is supposed to be given on the Orange Line Metro train project. CM said that Shehbaz Sharif only does press conferences and gossip while Imran Khan is doing practical politics.

Shehbaz Sharif does not have to work and only gossips or asks for money. CCPO Lahore is a good officer and is doing an excellent duty and why should we let the good officer go adding that InshaAllah Imran Khan will get success. He said that a new team comes for the long march in every district and the participants of the long march will also stay in Gujrat. Whenever a long march took place then the negotiations were done at the back door and the present negotiations are going on at the back door.

CM stated that the Punjab government will extend full support for the success of this project. CEO CPD Imran Amin said that the 365 metre long single free main boulevard will be constructed in 180 days adding that CPD boulevard will give a new direction to the progress of Punjab. MPA Mian Muhammad Usman, CEO Punjab CPD Imran Amin, Brig. (R) Mansoor Janjua, Vice Chairman PBIT Fazeel Asif, Commissioner Lahore Division, CCPO Lahore, Secretary Information, DG LDA, Deputy Commissioner Lahore and concerned officials participated in the ceremony.

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