ROSEN, A LEADING LAW FIRM, Encourages First Republic Bank Investors with Losses Over $2MM to Secure Counsel Before Important Deadline in Securities Class Action – FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-PL, FRC-PM, FRC-PN

NEW YORK, May 28, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Republic Bank (NYSE: FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-PL, FRC-PM, FRC-PN) between January 14, 2021 and March 14, 2023, both dates inclusive (the “Class Period”), of the important June 23, 2023 […]

NEW YORK, May 28, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Republic Bank (NYSE: FRC, FRC-PI, FRC-PH, FRC-PJ, FRC-PK, FRC-PL, FRC-PM, FRC-PN) between January 14, 2021 and March 14, 2023, both dates inclusive (the “Class Period”), of the important June 23, 2023 lead plaintiff deadline.

SO WHAT: If you purchased First Republic 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 First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 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 23, 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: According to the lawsuit, defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about First Republic’s business, operations, and prospects. Specifically, defendants: (1) misrepresented the strength of First Republic’s balance sheet and liquidity position; (2) understated the significant pressure rising interest rates posed to First Republic’s business model; (3) misrepresented the strength of First Republic’s ability to deliver consistent results across different interest rate environments; (4) misrepresented the diversity of First Republic’s deposit funding base; and (5) misrepresented First Republic’s ability to generate net interest income (“NII”) growth and maintain stable net interest margin (“NIM”). When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 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 8847801

GWGHQ DEADLINE NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages GWG Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GWGHQ

NEW YORK, May 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GWG Holdings, Inc. L Bonds or Preferred Stock of GWG (“GWG securities”) (OTC: GWGHQ) between December 23, 2017 and April 20, 2022, both dates inclusive (the “Class Period”), of the important June 2, 2023 […]

NEW YORK, May 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GWG Holdings, Inc. L Bonds or Preferred Stock of GWG (“GWG securities”) (OTC: GWGHQ) between December 23, 2017 and April 20, 2022, both dates inclusive (the “Class Period”), of the important June 2, 2023 lead plaintiff deadline.

SO WHAT: If you purchased GWG 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 GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 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 2, 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 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) they intended to misappropriate GWG assets; (2) GWG’s life insurance investment business had failed; and (3) GWG could only repay prior investors by issuing increasing amounts of securities to new investors. In essence, defendants had turned GWG into a Ponzi scheme. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 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 8847793

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Fulcrum Therapeutics, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – FULC

NEW YORK, May 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fulcrum Therapeutics Inc. (NASDAQ: FULC) between March 3, 2022 and March 8, 2023, both dates inclusive (the “Class Period”), of the important June 27, 2023 lead plaintiff deadline. SO WHAT: If you […]

NEW YORK, May 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fulcrum Therapeutics Inc. (NASDAQ: FULC) between March 3, 2022 and March 8, 2023, both dates inclusive (the “Class Period”), of the important June 27, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Fulcrum 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 Fulcrum class action, go to https://rosenlegal.com/submit-form/?case_id=15766 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 27, 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 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) the preclinical data submitted in support of FTX-6058 (a prospective drug for the potential treatment of sickle-cell disease) showed safety concerns regarding potential hematological malignancies; (2) the foregoing safety concerns increased the likelihood that the FDA would place a clinical hold on preclinical studies of FTX-6058; (3) accordingly, Fulcrum had overstated FTX 6058’s clinical and/or commercial prospects; and (4) 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 Fulcrum class action, go to https://rosenlegal.com/submit-form/?case_id=15766 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 8847787

Pakistan’s Anti-Narcotics Force Foiled Bids To Smuggle Over 844 Kg Drugs

Pakistan’s Anti-Narcotics Force (ANF), said yesterday that, it had foiled four separate bids, to smuggle over 844.5 kg of drugs in total, in the country.According to a statement, the ANF launched four operations in different areas of the country, and …

Pakistan’s Anti-Narcotics Force (ANF), said yesterday that, it had foiled four separate bids, to smuggle over 844.5 kg of drugs in total, in the country.

According to a statement, the ANF launched four operations in different areas of the country, and arrested four smugglers besides seizing the drugs.

In one of the operations, the ANF, acting on an intelligence tip-off, conducted a raid and foiled an attempt to smuggle drugs from the south-western provincial capital of Quetta, to the southern province of Sindh.

An ANF team chased a pickup vehicle, bearing a fake official identification and recovered 700 kg hashish and arrested a driver, who was wearing a fake official uniform, said the statement.

The anti-narcotics police have registered separate cases against the accused and launched investigations to trace drug networks

Source: Nam News Network

The Indian woman who writes exams for others who can’t

In 2007, a blind man asked Pushpa to guide him across a busy road in Bengaluru, a teeming metropolis in southern India. After they reached the other side, he made another request which changed her life.”He asked me if I could write an exam for his fri…

In 2007, a blind man asked Pushpa to guide him across a busy road in Bengaluru, a teeming metropolis in southern India. After they reached the other side, he made another request which changed her life.

"He asked me if I could write an exam for his friend," recalls Pushpa, who goes by one name.

She said yes, but when the day came, her excitement gave way to anxiety. She had never written an exam for someone else and didn't know what to expect.

Many Indian students with physical or learning disabilities use a scribe to write exams on their behalf. They dictate answers to the scribe, who notes them down. As per government guidelines, scribes are not allowed to write for any subject they themselves have studied at university level. They can get a defined fee for exams conducted by the government, but most of the time, the work is voluntary.

"It was three hours of tension. The candidate was dictating the answers very slowly and was asking me to read out the questions again and again," says Pushpa, who chose to help out for free.

But she did enough to help 19-year-old Hema (who uses one name) pass her school final exams.

Soon, an NGO working with blind people approached Pushpa for help and then other students. In the past 16 years, Pushpa has written over 1,000 exams, free of charge.

"Exam halls are like a second home for me," she tells the BBC.

In addition to school and university exams, Pushpa has also helped candidates appearing in entrance exams and selection tests for government jobs.

"Now it is routine work for me. I don't feel any stress," she says, adding that the experience has helped her learn about many subjects she had no knowledge in - from history to statistics.

She has helped blind students, those with cerebral palsy, Down's syndrome, autism, dyslexia and students incapacitated by accidents.

But it can be challenging sometimes. When working with students with cerebral palsy, which often impairs speech, Pushpa says she has to "concentrate hard and look at their [the students'] lip movements to try to understand words".

But she takes it in stride. She has helped Karthik (he goes by one name), who uses a wheelchair, write 47 exams.

It was a crises that forged their long association. During a school exam, Kartik's scribe left abruptly and Pushpa stepped in to help. The 25-year-old says he greatly appreciates her continual support since then.

"I'm lucky to get a scribe like Pushpa. Scribes are really like gods for us," he says.

Working together for years has given them a great understanding of each other - Karthik has now graduated and is preparing for government clerical recruitment exams.

"I have written multiple exams for many students and each one has a unique story," Pushpa says.

In the third week of March, Pushpa wrote a university degree exam paper for 19-year-old Bhoomika Valmiki.

Ms Valmiki, who is blind, uses tools that convert text to audio to study, but such apps cannot be used during exams.

"I can only move forward in my life if Pushpa writes for me," Ms Valmiki says.

"Pushpa was very patient and waited till I finished my answers. She never distracted me and repeated my answers before writing them down," she adds.

Most people who seek Pushpa's help have struggled to get into university, yet she says her empathy won't undermine her integrity.

"My job is to write what they say," she says. "I have no choice when they ask me to tick a wrong answer or dictate a sentence which is grammatically incorrect. I can't intervene."

When students who speak other languages struggle to understand English words she translates the word for them. "That is the only help I give," Pushpa says.

Pushpa comes from a poor family. After her father was injured in an accident, her mother worked hard to feed her and her brother.

"At one point, me and my brother had to drop out of school because we couldn't pay fees," she recalls.

A stranger stepped in to help and Pushpa says she volunteers as a scribe to give back this goodness to society.

She has taken up several small jobs over the years to make a living, but the past few years have been particularly hard.

In 2018, her father died and in 2020, her brother passed away. A year later, Pushpa, who was then unemployed, got some more bad news.

"In May 2021, my mother passed away. A few months later, in August, I wrote 32 exams. Some days I would write two exams."

She says she found scribing therapeutic and helpful in overcoming her grief.

Her tireless work has not gone unnoticed. On 8 March 2018, she was honoured by the then Indian president, Ram Nath Kovind, for her efforts. She also met Prime Minister Narendra Modi along with other award winners.

Pushpa now works in a tech start-up and gives motivational talks at corporate events.

But she still writes exams for those who cannot, and since she can speak and write in five Indian languages - Tamil, Kannada, English, Telugu and Hindi - there's plenty of demand for her services.

"I give my time and energy. If I write an exam for someone, it changes their life," she says.

Source: BBC

Cabinet Approves New Directors on Universal Service Fund Board

The federal cabinet has approved new directors on the Universal Service Fund (USF) Company Board including three from the private sector for the development of telecommunication services across the country.According to the summary approved by the Cabi…

The federal cabinet has approved new directors on the Universal Service Fund (USF) Company Board including three from the private sector for the development of telecommunication services across the country.

According to the summary approved by the Cabinet, Secretary Ministry of Information Technology and Telecommunication will be the chairman of the USF Board, while the Chairman of Pakistan Telecommunication Authority (PTA), Member Telecom (Ministry of IT), legal expert Sofia Saeed (Independent), financial expert Ayla Majid (Independent), telecom expert Muhammad Yousuf (Independent), PTCL CEO Hatem Bamataraf, Zong CEO Wang Hua and the USF CEO have also been included in the board as members.

The USF Company was established under Section 33A of the Pakistan Telecommunication (Re-organization) Act, 1996 for the provision of telecom services in unserved and underserved areas of the country. The Fund comprises contributions from telecom operators and is utilized through the USF Company established by the Federal Government under Section 42 of the Companies Ordinance, 1984 (now Companies Act, 2017).

Source: Pro Pakistani

Quality & hygienic food being ensured to intending Pakistani pilgrims: Ministry

Ministry of Religious Affairs has made adequate and satisfactory arrangements for the provision of healthy, fresh and hygienic meal to Hujjaj in Makkah and Madinah.Talking to APP, Ministry official Faiz Umar Sial said nine catering companies are provi…

Ministry of Religious Affairs has made adequate and satisfactory arrangements for the provision of healthy, fresh and hygienic meal to Hujjaj in Makkah and Madinah.

Talking to APP, Ministry official Faiz Umar Sial said nine catering companies are providing quality food thrice a day whereas food samples undergo meticulous analysis by experts.

He said catering companies face heavy fines if they fail to provide healthy nourishment to Hujjaj.

Source: Radio Pakistan

Study Calls for Further Hike in Taxes on Tobacco Products

The prevalence of tobacco use in Pakistan has reached alarming levels, with approximately 31 million adults, or about 19.7 percent of the adult population, currently consuming tobacco products.In a recent study titled “Raising Tobacco Tax Rates to Pro…

The prevalence of tobacco use in Pakistan has reached alarming levels, with approximately 31 million adults, or about 19.7 percent of the adult population, currently consuming tobacco products.

In a recent study titled “Raising Tobacco Tax Rates to Promote Public Health and Increase Revenue,” it was revealed that tobacco use resulted in an estimated 337,500 deaths in 2022 alone. The burden falls disproportionately on poorer households, as they spend a larger proportion of their budget on tobacco, thereby leaving less room for essential needs.

The consequences of this habit have severe implications for both public health and the economy, as tobacco use remains the leading cause of death due to non-communicable diseases (NCDs) such as cancer, chronic respiratory diseases, and cardiovascular ailments.

One concerning trend identified in the study is the affordability of cigarettes, which has increased due to low tobacco taxes and the absence of tax hikes from July 2019 till February 2023. The average excise tax rate in Pakistan stands at around 45 percent of the retail price, falling short of the widely accepted benchmark of 70 percent. The researchers found that raising excise taxes on cigarettes by 30 percent would lead to a reduction of 200,000 smokers and increase excise tax revenue by at least 25 percent.

Raising taxes on tobacco products through excise tax increases has been proven as the most effective method to reduce tobacco use. Higher prices act as a deterrent for youth initiation and encourage current smokers to quit.

The study recommended raising tobacco excise to Rs. 154 for low-price cigarettes and Rs. 385 for high-price cigarettes. This policy change would result in 200,000 fewer smokers, a 1.2 percent reduction in smoking prevalence among adults, a 1.23 percent reduction in smoking intensity among adults, the saving of 200,000 lives, and an additional total FED revenue of Rs. 27.4 billion—an increase of at least 25 percent.

Addressing the issue of tobacco use in Pakistan requires urgent action from the government to prioritize public health and generate additional revenue. By implementing these recommended policy changes, the country can make significant progress in curbing the detrimental effects of tobacco consumption, saving lives, and securing a healthier future for its citizens, the study added.

Source: Pro Pakistani