PLUG DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Plug Power Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important June 12 Deadline in Securities Class Action – PLUG

NEW YORK, June 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock 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 Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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 12, 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: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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 8855730

FM Bilawal urges Int’l community to engage with Afghan interim authorities

Foreign Minister Bilawal Bhutto Zardari has said Pakistan and Iraq have immense potential for economic and security cooperation as well as cultural and religious engagements.

In an interview with Al-Jazeera TV, he said both countries have more enhanced cooperation in security and defence as the two nations have faced the menace of terrorist and they can learn from each other.

Regarding cultural and religious ties, the Foreign Minister said he is working on enhancing these relations as we are working on easing visas for religious tourism in Iraq. He said there is a groundbreaking for opening embassy in Baghdad and we are also working on opening a consulate in Najaf soon.

Talking about the scope for economic cooperation between Iraq and Pakistan, Bilawal Bhutto Zardari said there is great potential for investment on both sides. He said Iraqi government is working on diversifying its economy. He said Iraq is working on construction of a development corridor and he has requested the Iraqi side to include Pakistan into this initiative.

To a question, the Foreign

Minister said we are trying our level best to build a climate resilient Pakistan in the wake of recent devastating floods in the country. At the same time we are engaging with the IMF to finalize a programme. He said once an IMF programme is in place, we will receive more resources from multilateral bodies as pledged by them to help Pakistan’s flood hit people.

Answering a question regarding Afghanistan, Bilawal Bhutto Zardari said Pakistan’s position is in line with the international community and we requested the interim government in Kabul to fulfill their pledges with the international community, including honouring women’s rights and ensuring that their soil should not to be used by terrorists or to conduct terrorist activities against other countries. He, however, urged the international community to engage with the Afghan interim authorities as a stable and prosperous Afghanistan is in the best interest of everyone.

Replying queries regarding Pakistan’s relations with Russia and China, the Foreign Minister said his country is committed to engage with all the countries, including Russia. He said Pakistan wants to develop meaningful relations and enhance economic ties with Russia. He added that at the same time we maintain our neutrality and don’t want to get drawn into the conflict between Russia and Ukraine. As far as Pakistan’s relations with China are concerned, Bilawal Bhutto Zardari said Islamabad has always and will continue to enhance its cooperation with Beijing.

Welcoming the rapprochement between Saudi Arabia and Iran, the Foreign Minister said it is a positive development for the whole region and the world at large. He said we are optimistic that through negotiations they will be able to resolve all issues and that we will see the dividends of peace in the region.

Source: Radio Pakistan

Interior Minister inaugurates online passport renewal counter

Interior Minister Rana Sanaullah inaugurated Passport Processing Counter for inland online passport renewal facility and e-Passport facility for the residents of Capital Territory Islamabad today.

Addressing the ceremony in Islamabad on Saturday, he said the step will significantly reduce the risks of passport fraud and identity theft, which will strengthen confidence in our passport system.

The Interior Minister said the e-Passport facility include the advanced security features such as biometric data, digital signature, and encryption.

He said under this facility, people will be able to renew their passports online without going to passport offices across Pakistan. He said through the web portal, applicants will be able to submit their applications as well as upload the required documents, and track the progress of their applications.

Rana Sanaulla said digital transformation will not only save valuable time of the people, but it will also make the process of issuance of e-Passport easy.

He said the scope of Passport Processing Counters will be expanded to 30 other different cities, which will help improve the accessibility of the passport facility to the people.

Source: Radio Pakistan

Munir Akram pays tribute to UN peace keepers

The Permanent Mission of Pakistan to the United Nations held a photographic exhibition in commemoration of the International Day of United Nations Peacekeepers.

According to the details the exhibition was titled as “Tribute to Fallen Peacekeepers and Pakistan’s proactive engagement and constructive contributions to UN peacekeeping”.

The exhibition was open for display from June 1st to 9th of this month in the Vienna Cafe of the United Nations Headquarters, with a reception commencing on the final day, hosted by the Pakistan Mission.

The welcoming address was made by the Permanent Representative of the Pakistan Mission Ambassador Munir Akram. Under Secretary General for Peace Operations Jean-Pierre Lacroix was the Guest of Honor of the reception.

On the occasion, Ambassador Munir paid the highest tribute to all U.N. peacekeepers and other personnel who lost their lives in the service of the U.N.”

He also mentioned that over the 6 decade history of the United Nations peacekeepers, 171 peacekeepers have made the ultimate sacrifice in the service of international peace and security.

During the last year, eight Pakistani peacekeepers embraced martyrdom in a helicopter crash in the DRC. The Ambassador expressed his condolences to the loves ones of the fallen and commended them for their sacrifice.

He also applauded the perseverance of Pakistan’s peacekeepers in preserving the values of the UN charter and minting international peace and security.

Under Secretary General for Peace Operations Jean-Pierre Lacroix in his remarks paid tribute to Fallen Peacekeepers and acknowledged Pakistan’s support in peace and security.

Source: Radio Pakistan

Pakistan fulfills all necessary conditions of IMF: Dar

Minister for Finance Ishaq Dar has said that Pakistan has tried its best to fulfill all necessary conditions of the International Monetary Fund.

Talking to a private television channel, he said IMF should not object to presenting a people-friendly budget.

He said that government has made all out efforts to provide maximum relief to people.

He said that Pakistan Muslim League-N, after establishing coalition government was taking all important measures to re-negotiate with IMF on soft terms and conditions.

Ishaq Dar hoped that Pakistan will achieve growth rate as per set target of the government.

In reply to a question, the Minister said there is no risk of default of the country.

Source: Radio Pakistan

Afghan Refugee Crackdown Continues in Pakistan Despite Taliban Objections

Pakistan is continuing a months-long crackdown on Afghan refugees living in the country, detaining hundreds of people accused of lacking proper documentation.

Taliban leaders have asked Pakistan to stop the process “immediately.” Not only has it continued, but Afghan refugees in Pakistan have told VOA that the crackdown in recent days has intensified in Islamabad, Rawalpindi and adjacent areas.

“Unfortunately, the detentions have intensified, and it still continues,” said Shukria, an Afghan refugee who fled Afghanistan after the Taliban’s takeover.

Shukria, who asked that her full name be withheld, told VOA that the security forces arrested “even those refugees who have UNHCR’s documents.”

She added that some Afghan refugees were arrested at their homes.

“In the places where most Afghans live, Pakistani police arrest Afghans from their houses. They know where they are living … as they were required to register in the nearest police station,” she said.

Shukria said that “among those arrested include women and children.”

She added that Afghan refugees are “terrified.”

“Most of the Afghans do not want to get out of their houses,” she said.

The Afghan Embassy in Islamabad, in a tweet Thursday, said that Taliban officials at the embassy met with officials of Pakistan’s Ministry of Interior and had a “serious discussion on the detentions and harassment of Afghans in Pakistan, and it should stop immediately.”

“The Pakistani side assured the leadership of the [Afghan] embassy of cooperation and added that they only arrest those who do not have legal documents.”

Abdul Karim Haqqani, a Taliban official in the Afghan Embassy in Islamabad, told VOA on Wednesday that 300-400 Afghans have been detained by Pakistani security forces.

He added that they are trying to negotiate with the Pakistani officials for their “immediate release.”

Asif Durrani, Pakistan’s newly appointed special envoy to Afghanistan, told VOA that those Afghans “without proper documents, or he or she has overstayed their visa limit, there is a law that they will be detained.”

Quoting Pakistani officials, local media reported that undocumented Afghans face deportation.

But Arsala Khan, an Afghan refugee who works as a laborer at Islamabad’s Fruit and Vegetable Market, told VOA that he was detained while working even though he had his refugee card on him.

“I was halfway loading a car. I was arrested though I showed my smart card to them,” said Khan, who said he was later released on bail.

The government of Pakistan, with the support of the United Nations, began issuing smart cards to Afghan refugees in Pakistan in April 2021.

United Nations High Commissioner for Refugees stated that more than 1.3 million registered Afghan refugees are in Pakistan.

The U.N. refugee agency says about 3.7 million Afghans are living in Pakistan.

Of about 1.6 million Afghans who fled Afghanistan to neighboring countries after the Taliban seized power in August 2021, about 600,000 went to Pakistan, according to the agency.

Devon Cone, senior advocate for women and girls at Refugees International, told VOA that refugees who fled to Pakistan after August 2021 “bring a lot of challenges.”

Cone said that the Afghans who arrived in Pakistan after the fall of Afghanistan into the hands of the Taliban have “limited opportunities.”

Cone added that newly arrived Afghan refugees in Pakistan are “running out of money. Most of them sold all their belongings in Afghanistan, and almost two years later, they’ve run out of money … Their visas expired. They can’t work in the labor market. They can’t access public education.”

“And finally, they have mental stress and trauma from having had to flee Afghanistan, [and] not being able to go back,” Cone said.

Richard Bennett, the U.N. special rapporteur on human rights in Afghanistan, told VOA that once refugees cross the border, they have “a right to international protection.”

“All [refugees] have the right to have their asylum cases treated seriously and fairly,” he said.

Source: Voice of America

Pakistan Issues Warning Over Cyclone Biparjoy

The Pakistan Meteorological Department said Sunday that Cyclone Biparjoy, a “very severe cyclonic storm,” is over the east-central Arabian Sea. It is “maintaining its intensity” and is located about 840 kilometers south of Karachi, 830 kilometers south of Thatta and 930 kilometers southeast of Ormara.

Biparjoy is traveling with maximum sustained winds of 130 to 140 kph, with maximum wave heights between 7.5 and 8.5 meters.

The weather forecasters say Biparjoy could evolve into an “extremely severe cyclonic storm.”

The Pakistan Meteorological Department predicts Biparjoy will “most likely” travel in a north-northeast direction toward Southeast Sindh-Indian Gujarat coast.

Source: Voice of America

Pakistan hopes to manage debt with new budget

Pakistan has unveiled its 2024 budget, and the focus is on avoiding a potential default. The nation is gripped by an economic crisis, and the coalition government led by Prime Minister Shebhaz Sharif is struggling to keep inflation in check. Kamran Yousaf has more.

Source: TRTworld.com