March 28, 2023 – Page 2 – MediaLine Pakistan

March 28, 2023

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Dutch Bros, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – BROS

NEW YORK, March 27, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Dutch Bros, Inc. (NYSE: BROS) between March 1, 2022 and May 11, 2022, both dates inclusive (the “Class Period”), of the important May 1, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Dutch Bros 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 Dutch Bros class action, go to https://rosenlegal.com/submit-form/?case_id=12586 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 May 1, 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 materially false and/or misleading statements, and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the Company was experiencing increased costs and expenses, including on dairy; (2) as a result, the Company was experiencing increased margin pressure and decreased profitability in the first quarter of 2022; and (3) 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 Dutch Bros class action, go to https://rosenlegal.com/submit-form/?case_id=12586 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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March 28, 2023

NA passes resolution calling for simultaneous elections for all assemblies under impartial, caretaker setups

Islamabad, March 28, 2023 (PPI-OT): The National Assembly Tuesday passed a resolution calling for simultaneous elections for all the assemblies under impartial and caretaker setups in a free and fair manner to achieve goal of real political stability in the country. The resolution moved by Minister for Information and Broadcasting Marriyum Aurangzeb further stated that the Election Commission of Pakistan is a constitutional body and any trespassing in ECP’s domain should be avoided and let the commission hold polling in a conducive environment as per its prerogative.

It said that the House considers undue interference by the judiciary in political matters as a cause of political instability in the country. The House validates the four judges’ decision in the suo-moto case and calls for its implementation. It expects that the higher judiciary will refrain from interfering in political and administrative matters.

Earlier, “The Supreme Court (Practice and Protection) Bill, 2023” and “The Lawyers Welfare and Protection Bill, 2023” were introduced in the House. The Supreme Court (Practice and Protection) Bill, 2023 proposes that every cause, appeal or matter before the Supreme Court shall be heard and disposed of by a bench constituted by a Committee comprising the Chief Justice of Pakistan and two senior most judges in order of seniority.

It further states any matter invoking exercise of original jurisdiction under clause (3) of Article 184 of the Constitution shall be first placed before the committee for examination and if the committee is of the view that a question of public importance with reference to enforcement of any of the fundamental rights is involved then it shall constitute a bench comprising not less than three judges of the apex court, which may also include the members of the committee for adjudication of the matter.

The Bill recommends that an appeal shall lie within 30 days from final order of a bench of the Supreme Court, who exercised jurisdiction to larger bench of the apex court and such appeal shall for hearing be fixed within a period not exceeding fourteen days. Furthermore, it grants a party the right to appoint counsel of its choice for filing a review application. An application pleading urgency or seeking interim relief filed in a cause, appeal or matter shall be fixed for hearing within 14 days from the date of its filing.

“The Lawyers Welfare and Protection Bill, 2023” aims at protecting advocates from assaults, criminal force, intimidation and threats, while discharging their professional duties. Law Minister Azam Nazir Tarar laid the bills before the House. The chair referred the bill to the standing committee concerned. The House will now meet tomorrow [Wednesday] at 11 a.m.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

March 28, 2023

Govt committed to prioritizing development of merged districts: PM

Islamabad, March 28, 2023 (PPI-OT): Prime Minister Shehbaz Sharif has said the government is committed to prioritizing the development of the merged districts. He was talking to a five-member delegation of the National Assembly members from the merged districts that called on him in Islamabad today.

The Prime Minister said the government is taking concrete steps for the development of financially weak areas of the country. He directed for the immediate release of development funds for the merged districts of the erstwhile Federally Administered Tribal Areas. The Prime Minister directed the relevant authorities to get approval of the funds required for the schemes from the Economic Coordination Committee (ECC) of the Cabinet as soon as possible.

The MNAs, including Minister for Religious Affairs Mufti Abdul Shakoor, Minister for Overseas Pakistanis Sajid Tori, Moulana Jamal ud Din, Ali Wazir, and Mohsin Dawar informed the prime minister about the problems and the ongoing development projects in their constituencies.

March 28, 2023

NA discusses motion on political, constitutional crisis

Islamabad, March 28, 2023 (PPI-OT): The National Assembly discussed a motion on the political and constitutional crisis in the country. Participating in the debate, speakers called for supremacy of law and independence of the judiciary in the country.

Taking the floor of the House, Opposition Leader Raja Riaz and PPP Member National Assembly Naveed Qamar said independent judiciary is indispensable to resolve any constitutional crisis of the country. Recalling different cases of judicial activism, they said impartiality is key to justice and no one should be considered above law.

March 28, 2023

Foreign Secretary reiterates desire for peaceful, prosperous Afghanistan

Islamabad, March 28, 2023 (PPI-OT): Foreign Secretary Asad Majeed Khan has reiterated Pakistan’s desire for a peaceful, prosperous, stable and connected Afghanistan. He was talking to Germany’s Representative for Afghanistan, Ambassador Erik Kurzweil who called on him in Islamabad Tuesday.

March 28, 2023

Pakistan, Malaysia agree to expand strategic partnership

Islamabad, March 28, 2023 (PPI-OT): Pakistan and Malaysia have agreed to further expand and strengthen bilateral strategic partnership and enhance multi-dimensional cooperation. An understanding to this effect came at bilateral political consultations held in Kuala Lumpur on Tuesday. The talks were co-chaired by Additional Foreign Secretary of Pakistan Mumtaz Zahra Baloch and Malaysia’s Deputy Secretary General Dato Norman Bin Muhammad.

March 28, 2023

Khalilzad doesn’t speak for US government: State Department

Islamabad, March 28, 2023 (PPI-OT): The United States has urged all sides in Pakistan to respect the rule of law and allow the people to democratically determine their country’s leadership in accordance with the constitution and law. Replying a question at his daily news briefing in Washington, US State Department spokesperson Vedant Patel said any implication of violence, and intimidation has no place in politics.

He said former envoy for Afghanistan, Zalmay Khalilzad, does not represent U.S. policy and statements given by him are in his personal capacity. The spokesman further said Mr. Khalilzad is a private citizen, and any social media activity or comments or tweets do not represent U.S. foreign policy.

March 28, 2023

RPT INVESTOR NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Sarepta Therapeutics, Inc. Investors to Inquire About Securities Class Action Investigation – SRPT

NEW YORK, March 27, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues investigating potential securities claims on behalf of shareholders of Sarepta Therapeutics, Inc. (NASDAQ: SRPT) resulting from allegations that Sarepta may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Sarepta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=1306 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.

WHAT IS THIS ABOUT: On March 16, 2023, after market hours, the Company issued a press release which “announced that at its late cycle meeting for the SRP-9001 (delandistrogene moxeparvovec) biologics license application (BLA), the U.S. Food and Drug Administration’s Office of Therapeutics (OTP) has determined that an advisory committee meeting will be held for SRP-9001 in advance of the May 29, 2023 regulatory action date.”

As explained by the Investor’s Business Daily in an article entitled “Sarepta Crashes on an Unexpected Roadblock for Its Gene Therapy”, the Food and Drug Administration’s decision was a surprise. The article quoted a UBS analyst as saying that “given the announcement of the advisory committee decision, against a backdrop of the Office of Therapeutics communicating how capacity constrained it is at every public appearance, we do see a potential risk of (approval date) extension.”

On this news, the price of Sarepta’s stock fell $26.98, or 18%, to close at $122.69 per share on March 17, 2023, the next trading day.

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.

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:

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