ROSEN, LEADING TRIAL ATTORNEYS, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline. SO WHAT: If […]

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock 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 Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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 June 12, 2023. 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 litigate 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: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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.

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

GlobeNewswire Distribution ID 8846734

PTI miscreants attacked on state installations through proper planning: Asif

Defence Minister Khawaja Muhammad Asif says attacks on state installations on May 9 were carried out by PTI miscreants through proper planning.Talking to media outside Jinnah House in Lahore on Friday, he said Imran Khan never missed an opportunity to…

Defence Minister Khawaja Muhammad Asif says attacks on state installations on May 9 were carried out by PTI miscreants through proper planning.

Talking to media outside Jinnah House in Lahore on Friday, he said Imran Khan never missed an opportunity to target the Pakistan Army.

The Defence Minister said the saddest part is that the rare photos of Quaid-e-Azam Muhammad Ali Jinnah were burnt and the statues of those who sacrificed their lives for the nation were broken.

Source: Radio Pakistan

Talha Mahmood, Saad Rafique discuss provision of best air travel facilities to Hajj pilgrims

Minister for Religious Affairs Talha Mahmood, along with Saudi Ambassador Nawaf bin Said Al-Malki, held a meeting with Minister for Aviation Khawaja Saad Rafique in Islamabad today.During the meeting, they held detailed consultation over the provision …

Minister for Religious Affairs Talha Mahmood, along with Saudi Ambassador Nawaf bin Said Al-Malki, held a meeting with Minister for Aviation Khawaja Saad Rafique in Islamabad today.

During the meeting, they held detailed consultation over the provision of the best air travel facilities to the pilgrims and redressal of difficulties to them.

Source: Radio Pakistan

NDMA dispatches 186.3 tons of relief assistance for Quake-hit Turkiye & Syria

National Disaster Management Authority has sent a cargo ship carrying 186.3 tonnes of relief items for the quake-affected people of Turkiye and Syria.The relief goods include tarpaulins, tents, bedding, clothing and generators.The ship will drop off t…

National Disaster Management Authority has sent a cargo ship carrying 186.3 tonnes of relief items for the quake-affected people of Turkiye and Syria.

The relief goods include tarpaulins, tents, bedding, clothing and generators.

The ship will drop off the aid containers at Mersin Port of Turkiye and Lattakia port in Syria.

Source: Radio Pakistan

Govt pursuing coordinated strategy for elimination of polio virus from country: Qadir Patel

Minister for National Health Services Abdul Qadir Patel has said the government is pursuing a coordinated strategy for elimination of polio virus from the country.In a statement on Friday, he stressed for collective efforts to rid the country of this …

Minister for National Health Services Abdul Qadir Patel has said the government is pursuing a coordinated strategy for elimination of polio virus from the country.

In a statement on Friday, he stressed for collective efforts to rid the country of this virus. He said it is only vaccination that provides lifelong protection to children.

Source: Radio Pakistan

Price of Gold in Pakistan Decreases for Second Straight Day

The price of gold in Pakistan decreased for the second consecutive day on Friday and for the third time during the ongoing week.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats…

The price of gold in Pakistan decreased for the second consecutive day on Friday and for the third time during the ongoing week.

According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) went down by Rs. 250 per tola to Rs. 235,750 while the price of 10 grams saw a decrease of Rs. 214 to close at Rs. 202,118.

The price of gold has risen aggressively during the current month and soared to Rs. 240,000 per tola on May 10 after a jump of over Rs. 20,000 per tola since the start of the month. However, the prices have remained relatively stable since then.

Today’s decrease makes it the third time in the week that the price has gone down. The price of gold increased by Rs. 2,000 per tola on Monday before declining by Rs. 100 per tola on Tuesday. The price surged again on Wednesday and posted an increase of Rs. 600 per tola before falling by Rs. 1,800 per tola on Thursday. Despite today’s decrease, cumulatively, the price of gold has gained Rs. 450 per tola during the week so far.

In the international market, spot gold was up 0.7 percent to $1,953.49 per ounce by 1142 GMT, while the US gold futures rose by 0.5 percent to $1,952.80.

Source: Pro Pakistani

Weekly Inflation Still Above 45% Due to Higher Food and Fuel Prices

Despite coming down slightly on a week-on-week basis, weekly inflation stood at 45.49 percent on a year-on-year (YoY) basis for the week ended on May 25, 2023, showed data released by the Pakistan Bureau of Statistics (PSB) on Friday.The Sensitive Pri…

Despite coming down slightly on a week-on-week basis, weekly inflation stood at 45.49 percent on a year-on-year (YoY) basis for the week ended on May 25, 2023, showed data released by the Pakistan Bureau of Statistics (PSB) on Friday.

The Sensitive Price Indicator (SPI) based inflation for the week ended May 11, 2023, recorded a decrease of 0.42 percent over the previous week due to a decrease in the prices of food and non-food items.

Year-on-year change

The year-on-year trend posted an increase due to increase in the prices of Cigarettes (138.50 percent), Tea Lipton (114.93 percent), Wheat Flour (110.17 percent), Gas Charges for Q1 (108.38 percent), Bananas (99.58 percent), Potatoes (98.10 percent), Rice Basmati Broken (81.24 percent), Rice Irri-6/9 (79.96 percent), Petrol (79.85 percent), Diesel (78.68 percent), Eggs (69.55 percent), Pulse Moong (63.18 percent), Bread (63.17 percent) and Pulse Mash (55.93 percent), while decrease was observed in the prices of Tomatoes (43.49 percent) and Onions (33.74 percent).

Week-on-week change

On a week-on-week basis, a decrease was observed in the prices of food items, Chicken (8.91 percent), Wheat Flour (3.33 percent), Eggs (3.03 percent), Garlic (2.83 percent), Tomatoes (2.61 percent), Onions (2.22 percent), Bananas (2.04 percent), Pulse Moong (1.51 percent), Pulse Masoor (1.26 percent), Cooking Oil 5 Litre (1.01 percent) and non-food item, LPG (3.44 percent).

On the other hand, an increase was observed in the prices of Energy Saver (4.91 percent), Rice Basmati Broken (1.86 percent), Cooked Beef (1.32 percent), Mutton (1.22 percent), Milk Fresh (1.20 percent), Shirting (1.14 percent) and Beef (1.03 percent).

During the week, out of 51 items, prices of 18 (35.30 percent) items increased, 16 (31.37 percent) items decreased and 17 (33.33 percent) items remained stable

Source: Pro Pakistani

Govt Slashes Prices of Ghee and Cooking Oil at Utility Stores by a Big Amount

The federal government has announced a significant reduction in prices for all brands of ghee and cooking oil at Utility Stores. The price adjustment, ranging from Rs. 5 to Rs. 76 per kilogram/liter, has been officially announced and is effective from…

The federal government has announced a significant reduction in prices for all brands of ghee and cooking oil at Utility Stores. The price adjustment, ranging from Rs. 5 to Rs. 76 per kilogram/liter, has been officially announced and is effective from today, Friday.

According to the notification, Dalda Banaspati Ghee will now cost Rs. 577 per kilogram, a decrease of Rs. 23 from its previous price of Rs. 600. Similarly, Dalda Cooking Oil will now be sold at Rs. 626 per liter, representing a decrease of Rs. 25 from its previous price of Rs. 651.

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Tullo Banaspati Ghee will now be available for Rs. 570 per kilogram, which is a reduction of Rs. 18 from its previous price of Rs. 588. In addition, Tullo Cooking Oil will now cost Rs. 620 per liter, down Rs. 18 from its previous price of Rs. 638.

Kashmir Banaspati Ghee will experience a price decrease of Rs. 5 per kilogram, reducing it to Rs. 600 from its earlier price of Rs. 605. Similarly, Kashmir Canola Cooking Oil will now be sold for Rs. 649 per liter, marking a reduction of Rs. 5 from its previous cost of Rs. 654.

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Dastak Cooking Oil will now be priced at Rs. 580 per liter, a decrease of Rs. 25 from its former price of Rs. 605. Mujahid Cooking Oil will witness a substantial reduction of Rs. 76 per liter, with the new price set at Rs. 540. Maan Cooking Oil will now cost Rs. 585 per liter, a decrease of Rs. 18.

Soya Supreme Banaspati Ghee will see a significant reduction of Rs. 69 per kilogram, reducing its price to Rs. 545 from the earlier price of Rs. 614. Additionally, Soya Supreme Cooking Oil will now be available at Rs. 590 per liter, a decrease of Rs. 55 from its previous price.

Source: Pro Pakistani