November 25, 2021 – Page 2 – MediaLine Pakistan

November 25, 2021November 26, 2021

Russia Keen on Enhancing Bilateral Cooperation in Pakistan’s Energy Sector

Federal Minister for Economic Affairs, Omar Ayub Khan, on Thursday, visited the TMK pipe factory in the Russian city of Yekaterinburg along with Minister of Energy of the Russian Federation, Nikolai Shulginov.

The Russian side showed its interest in enhancing bilateral cooperation in the energy sector including gas pipelines.

Omar Ayub Khan appreciated Russia’s technology and skills in manufacturing and establishing the massive gas pipeline network across the country.

He said Pakistan and Russia had huge potential for technical cooperation and investments in the energy sector. He urged Russian companies to explore opportunities for investment in liquefied natural gas (LNG) storage facilities in Pakistan, according to Russian News Agency TASS.

A high-level Pakistani delegation, headed by Minister for Economic Affairs, had arrived in Russia to attend the seventh meeting of the Pak-Russian Inter-Governmental Commission a day earlier.

Source: Pro Pakistani

November 25, 2021

GoodWe’s best-in-class Altman-Z score on BloombergNEF’s 2021 report reflects strong financial performance and bankability

ISLAMABAD, Nov. 25, 2021 /PRNewswire/ — The past few years have seen GoodWe gaining significant market share across the various segments that it is engaged in. It has managed to sign a number of global distribution agreements with some of the world’s largest PV distributors, with reach spanning across six continents and all inverter product categories.

GoodWe’s strong market and financial performance over the period has landed it the highest Altman-Z score among PV manufacturers on BloombergNEF’s annual report, displaying its strong financial health and bankability. The Altman-Z score is a measure used to determine the financial stability of companies, particularly within the manufacturing space, taking into account profitability, liquidity, leverage, solvency, as well as activity ratios.

GoodWe’s operational strategy is to bring forward the digitalization and smart transformation of all power plants, and new energy at large. To realize this, it is working to provide complete, integrated solutions for the future of smart energy by creating software and hardware products that allow for smarter and more efficient energy systems.

The company has set out to build communities in sustainable energy by embracing a win–win approach where the needs of all key stakeholders, including customers, employees, shareholders, and nature are considered so that value can be generated while maintaining a sustainable, ecological community.

GoodWe has made significant strides in its efforts to create a new era of smart energy. Figures from the company’s Semi-Annual Report show that GoodWe shipped a total of 330,000 units of its grid-connected PV inverters across the globe in 2020. The same report also showed that it shipped about 156,500 inverter units to overseas markets in the first half of the year — accounting for 65.62% of its total inverter shipments.

Beyond this, the company was able to make shipments of about 21,000 units in the fast-emerging segment of energy storage Power Conversion Systems (PCS) during the same period, totaling nearly the same amount as total annual shipments from the previous year (22,300 units).

In the past 3 quarters of 2021, GoodWe had managed to achieve a revenue of US $269 million — constituting a 65.12% year-on-year increase. This successful performance has come as a result of GoodWe’s continuous investments in the research and development of innovative net-zero-enabling systems. This has also been accompanied by successful market penetration strategies that have enabled GoodWe to continuously gain more market share and receive higher dividends, while maintaining its lead as a pioneer in smart energy and the premier storage inverter company.

www.goodwe.com.

November 25, 2021

ROSEN, A RESPECTED AND LEADING FIRM, Encourages StoneCo Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – STNE

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of StoneCo Ltd. (NASDAQ: STNE) between March 11, 2021 and November 16, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 18, 2022.

SO WHAT: If you purchased Stone 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 Stone class action, go to http://www.rosenlegal.com/cases-register-2203.html 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 January 18, 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. 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) StoneCo was experiencing difficulties in implementing its credit product; (2) StoneCo faced significant risks via its point-of-sale vendor, PAX Global Technology Ltd.; (3) as a result of the foregoing, the Company’s financial results would be adversely impacted; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Stone class action, go to http://www.rosenlegal.com/cases-register-2203.html 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

November 25, 2021

ROSEN, A RESPECTED AND LEADING FIRM, Encourages ViacomCBS Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – VIAC

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ViacomCBS Inc. (NASDAQ: VIAC) between March 22, 2021 and March 29, 2021, inclusive (the “Class Period”) of the important December 28, 2021 lead plaintiff deadline.

SO WHAT: If you purchased ViacomCBS 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 ViacomCBS class action, go to http://www.rosenlegal.com/cases-register-2190.html 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 December 28, 2021. 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. 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, Goldman Sachs Group Inc. and Morgan Stanley sold a large amount of ViacomCBS shares during the Class Period while in possession of material non-public information about Archegos Capital Management (at the time a family office with $10 billion under management) and its need to fully liquidate its position in ViacomCBS because of margin call pressure. As a result of these sales, the defendants in the case, Goldman Sachs and Morgan Stanley, avoided billions in losses combined.

To join the ViacomCBS class action, go to http://www.rosenlegal.com/cases-register-2190.html 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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

November 25, 2021

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Snap Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – SNAP

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Snap Inc. (NYSE: SNAP) between July 22, 2020 and October 21, 2021, inclusive (the “Class Period”), of the important January 10, 2022 lead plaintiff deadline in the securities class action first filed by the firm.

SO WHAT: If you purchased Snap 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 Snap class action, go to http://www.rosenlegal.com/cases-register-2188.html 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 January 10, 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 litigate securities class actions. 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) Apple’s privacy changes would have, and were having, a material impact on the Company’s advertising business; (2) Snap overstated its ability to transition its advertising with Apple’s privacy changes; (3) Snap knew of, but downplayed, the risks of the impact that Apple’s privacy changes had on the Company’s advertising business; (4) Snap overstated its commitment to privacy; and (5) as a result of the foregoing, defendants’ public statements and statements to journalists 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 Snap class action, go to http://www.rosenlegal.com/cases-register-2188.html 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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

November 25, 2021

ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Encourages Lightspeed Commerce Inc. f/k/a Lightspeed POS Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LSPD

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Lightspeed Commerce Inc. f/k/a Lightspeed POS Inc. (NYSE: LSPD) between September 11, 2020 and September 28, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 18, 2022.

SO WHAT: If you purchased Lightspeed 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 Lightspeed class action, go to http://www.rosenlegal.com/cases-register-2166.html 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 January 18, 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 litigate securities class actions. 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) Lightspeed had misrepresented the strength of its business by, among other things, overstating its customer count, gross transaction volume (GTV), and increase in Average Revenue Per User (ARPU), while concealing the Company’s declining organic growth and business deterioration; (2) Lightspeed had overstated the benefits and value of the Company’s various acquisitions; (3) accordingly, Lightspeed had overstated its financial position and prospects; 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 Lightspeed class action, go to http://www.rosenlegal.com/cases-register-2166.html 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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information: