Credible News from Pakistan!
In Gilgit Baltistan, a rally was organized in the memory of hero of Kargil war, Shaheed Lalak Jan Nishan Haider in his native district Ghizer on Friday.
A large number of people attended the rally and chanted slogans in support of the Pakistan Army.
On this occasion, the participants expressed the commitment to stand by Armed Forces of Pakistan.
Source: Radio Pakistan
Chief Minister Gilgit-Baltistan Khalid Khursheed has inaugurated Sultanabad RCC Bridge constructed on Hunza River and adjacent link road project.
He inspected various sites of the bridge and congratulated the Secretary Works Najeeb Alam, Public Works Department and NLC officials for completing the work.
The 210 meter long RCC Bridge project has been completed at a cost of 350 million rupees which will benefit people living in Sultanabad, KKH and its surroundings.
Source: Radio Pakistan
Sindh Minister for Information, Transport and Mass Transit Sharjeel Inam Memon says provincial government is making serious efforts to upgrade the public transport system in Karachi city.
Talking to World Bank’s Senior Transport Specialist Lincoln Flor in Karachi on Friday, he said, recently, People’s Bus Service was launched on major common routes of the city with a cost of eight billion rupees to facilitate citizens.
On the occasion, Sharjeel Memon and World Bank’s Transport Specialist agreed on alternate proposals of BRT Yellow Line to facilitate the people.
World Bank representative assured all possible support to the Sindh government in developing Karachi’s public transport infrastructure.
Source: Radio Pakistan
NEW YORK, Nov. 24, 2022 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Rite Aid Corporation (NYSE: RAD) between April 14, 2022 and September 28, 2022, both dates inclusive (the “Class Period”), of the important December 19, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Rite Aid 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 Rite Aid class action, go to https://rosenlegal.com/submit-
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, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) despite representations to the contrary, the number of new members (i.e., “lives”) that Elixir’s (a subsidiary of the Company) pharmacy benefit management (“PBM”) services business was adding during the selling season ending on January 1, 2023 was in material decline; (2) Rite Aid was likely to recognize a significant charge for the impairment of goodwill related to Elixir due to a decrease in “lives” covered by Elixir’s PBM services business; 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 Rite Aid class action, go to https://rosenlegal.com/submit-
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.
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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 8702914