Day: February 8, 2022

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ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – ELMS, ELMSW, FIII, FIIIU, FIIIW

NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. (NASDAQ: ELMS, ELMSW, FIII, FIIIU, FIIIW) between March 31, 2021 and February 1, 2022, 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 April 4, 2022.

SO WHAT: If you purchased ELMS 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 ELMS class action, go http://www.rosenlegal.com/cases-register-2247.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 April 4, 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: (1) ELMS’s previously issued financial statements were false and unreliable; (2) ELMS’s earlier reported financial statements would need restatement; (3) certain ELMS executives and/or directors purchased equity in the Company at substantial discounts to market value without obtaining an independent valuation; (4) on November 25, 2021 (Thanksgiving), the Company’s Board formed an independent Special Committee to conduct an inquiry into certain sales of equity securities made by and to individuals associated with the Company; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the ELMS class action, go http://www.rosenlegal.com/cases-register-2247.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

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VWAGY INVESTOR NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Volkswagen AG Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – VWAGY

NEW YORK, Feb. 07, 2022 (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 Volkswagen AG (OTC: VWAGY) between March 29, 2021 and March 30, 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 March 15, 2022.

SO WHAT: If you purchased Volkswagen 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 Volkswagen class action, go to http://www.rosenlegal.com/cases-register-2072.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 March 15, 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) the name “Voltswagen” was never going to be used by the Company’s U.S. subsidiary; (2) the Company and its spokespeople purposefully misled reporters, even after the reporters’ inquiries about whether the name change was an April Fool’s joke; and (3) 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 Volkswagen class action, go to http://www.rosenlegal.com/cases-register-2072.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

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Marsel Khaliullin Named Business Line Manager Aftermarket Services Russia & CIS, Nikkiso Industrial Russia

TEMECULA, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Marsel Khaliullin has been named Business Line Manager Aftermarket Services Russia & Cryogenic Industries Service for Nikkiso Industrial Russia (NIR).

Based in Russia, he will manage and support Aftermarket Services, reporting to Ayman Zeitoun in NIR and Jim Estes for CIS.

Marsel has over 20 years of experience working at various positions in the maintenance and engineering business related to rotating equipment, including the previous six years in the Oil & Gas industry in Iraq and 10 years working with international companies. For the past two years, Marsel managed the Rotating Equipment workshop for SPM Oil & Gas, a Caterpillar company.

“Marsel’s experience and industry knowledge will be of great benefit to NIR and we look forward to his positive contributions,” according to Ayman Zeitoun, Vice President & Managing Director – Russia – Operations.

With this addition, Nikkiso continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture engineered cryogenic gas processing equipment and small-scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

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Sarfaraz Ahmad’s Cricket Academy Asked to Vacate Girls College’s Occupied Land

Sindh’s College Education Department has written to Commissioner, Karachi Division and Deputy Commissioner, District Central, Karachi to give orders to Sarfaraz Ahmed Cricket Academy for leaving the ground claimed by North Nazimabad College. Former Pakistan captain, Sarfaraz Ahmed had been accused of building his cricket academy illegally on the land owned by Girls Degree College.

Sindh’s College Education Department in its letter to the higher authorities has requested to ‘get vacated the occupied ground of the college by the influential persons’.

The principal of the college has written several letters against the abusive behavior of the academy staff and claimed that the academy has been built unlawfully on the ground owned by the college. However, the administration of Sarfaraz Ahmed Cricket Academy holds its stance that the cricket ground is there since the 1970s while the college moved here just a couple of years ago.

The college persists that Sarfaraz Ahmed Cricket Academy has encroached its land while the academy claims that the college is trying to cash Sarfaraz Ahmed’s publicity for gaining attention. However, the issue is now in the hands of higher authorities.

Source: Pro Pakistani

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Temporary Hospital Established in the National Hockey Stadium Lahore for PSL

To cope with any health emergency during the Pakistan Super League (PSL) 7 Lahore leg matches, Sports Board Punjab has established a 20-bed temporary hospital in the National Hockey Stadium, Lahore.

Pakistan Super League Karachi leg came to an end with Quetta Gladiators defeating Lahore Qalandars by 7 wickets. All the franchises have now reached Lahore for the second round of PSL 7, where a total of 19 matches, including the final, will be played at the Gaddafi Stadium, Lahore.

According to the details, medicines and different types of testing facilities will be available in the new temporary hospital. Senior doctors and nurses will perform their duties during the matches.

While talking to the media, Director General Sports Punjab, Javed Chohan, said that they will make the best of arrangements for the PSL 7’s Lahore leg. He further said that he has directed the security agencies to operationalize the CCTV Control Room and keep all cameras in Nishtar Park Sports Complex fully functional to keep a close vigil on all activities in and around the grand venue of PSL matches.

Chohan also ensured that the focal persons of all relevant departments will also be present all the time in the Control Room during PSL 7 matches. Sports Board Punjab and City District Government will vigilantly monitor over 450 CCTV cameras during the matches starting from February 10 where the defending champion, Multan Sultan, and former PSL champion Peshawar Zalmi will try their luck.

Source: Pro Pakistani

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Mohammad Abbas Lands in Hot Waters for Indifferent Attitude Towards Training

Pakistan’s Test fast bowler, Mohammad Abbas has landed himself in trouble as a National High Performance (NHPC) trainer has not been satisfied with his fitness levels.

According to details, an NHPC trainer has complained to Pakistan Cricket Board (PCB) Chairman, Ramiz Raja, about Abbas’s lack of fitness and his inadequate training. According to the trainer, Abbas is not fit to bowl long spells and his speed has been gradually dropping.

According to sources, the complaint irked the PCB Chairman who contacted Mohammad Abbas for an explanation. Ramiz asked Abbas about his lack of fitness and why he is not able to bowl at his usual speed.

Abbas replied that he is not suffering from any fitness issue and rather feels good during the training sessions. He said that he is bowling with the same rhythm and speed that he used to before and assured the chairman that he is putting his hundred percent in each training session. He said that he will try and improve his speed and fitness further and play a winning role for Pakistan whenever given the opportunity to play for the national team.

The 31-year old revealed that his strategy is to consistently hit the perfect line and length as it troubles the opposition batters. He added that his technique is to use the old ball to his advantage by containing the batters and bringing them under pressure to hit rash shots.

The right-arm seamer has been in and out of the national team over the last few years. He last played for Pakistan in the Test series against West Indies in 2021. He was not picked in Pakistan’s last Test match series against Bangladesh at the end of 2021.

Source: Pro Pakistani

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Usman Khawaja Opens Up on Going to His Birthplace for Australia Tour

Australia’s left-handed batter, Usman Khawaja has expressed pleasure over the upcoming tour to Pakistan after 24 years When Mark Taylor-led side visited Pakistan back in 1998.

Khawaja, who scored a hundred in both innings of the fourth Test of the Ashes in Sydney, recently said that every game of cricket is important but the Pakistan tour is something very special. Khawaja told that he was born in Pakistan and the second thing is they haven’t had cricket for so long.

“Any tour for Australia is great, but going away to Pakistan is pretty special because I was born there, but also because they haven’t had cricket for so long”, Pakistan-born Australia batter said.

It is pertinent to mention that Usman Khawaja will be part of the Australia team in the upcoming much-awaited series against Pakistan. The full-fledged series will start on March 4 where both the team will lock horns at the Rawalpindi Cricket Stadium in the first Test.

The number 1 Test side will play three Tests, the same number of ODIs, and one T20 International match at Rawalpindi, Lahore, and Karachi.

Source: Pro Pakistani

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World Bank Mission Calls on Finance Minister to Discuss Ongoing Projects

Federal Minister for Finance and Revenue, Shaukat Tarin held a meeting with Country Director World Bank (WB), Najy Benhassine and his team at the Finance Division on Tuesday. Secretary Finance and senior officers attended the meeting.

The two sides discussed the progress of ongoing WB programs in Pakistan with a focus on the Resilient Institutions Strengthening Program (RISE-II). They brought under consideration some actions needed for the timely completion of the program.

In his remarks, Finance Minister Shaukat Tarin appreciated the World Bank for its support in pursuing a reform agenda and implementing various development projects in the country. He said Pakistan valued the financial and technical support provided by the World Bank for institutional reforms and the economic development of the country.

Source: Pro Pakistani