Babar Azam’s gains continue in Test rankings

Lahore, August 03, 2022 (PPI-OT):Pakistan captain Babar Azam, who is the only player to feature in top three ICC player rankings across formats by the virtue of being number one in ODIs and T20Is and number three in Tests, has made further strides in the newly-updated ICC Test player rankings.

The 27-year-old has closed his gap in Test rankings with second-ranked Australian batter Marnus Labuschange by improving his rating points by five and jumping to 879. Labuschange sits a rung above the Pakistan captain with 885 points, while England’s Joe Root continues to lead the table.

The Pakistan captain was the joint-highest run-getter with Sri Lanka’s Dinesh Chandimal in the recently drawn two-Test series in Galle. The two scored 271 runs, with Babar being one of the three batters to score centuries – with his compatriot Abdullah Shafique and Sri Lanka’s Dhananajaya de Silva being the other two.

In the current ICC World Test Championship cycle, Babar has the third most runs with 953 at an average of 63.53. He has struck two centuries and seven half-centuries.

Despite missing the second Test due to a knee injury, Shaheen continues to occupy the third spot. He is joined by India’s Jasprit Bumrah, who jumps a place. The two bowlers have the most wickets in the current ICC WTC cycle. Bumrah leads the table with 45 scalps in 19 innings, while Shaheen has snared 41 wickets in 15 innings.

Australia Test captain Pat Cummins and Indian off-spinner Ravichandran Ashwin continue to occupy first and second place in the rankings for bowlers.

In other developments in the batters’ rankings, Pakistan Test vice-captain and wicketkeeper Mohammad Rizwan has jumped three places to 17th spot and Pakistan opener Imam-ul-Haq has entered top fifty for the first time since his Test debut. After jumping 15 places, Imam joins Zimbabwe’s Sikandar Raza on 49.

The star of the first Galle Test, Abdullah Shafique, whose incredible 160 not out, helped Pakistan to highest run chase at the venue, has slipped four spots to 20th.

Pacer Hasan Ali and leg-spinner Yasir Shah have also dropped places. The former has slipped four rungs to 17th and the latter two places to 34th.

For more information, contact:
Media Manager,
Pakistan Cricket Board (PCB)
Gaddafi Stadium, Lahore 54600, Pakistan
Tel: +92-42-5717231-4
Fax: +92-42-5711860
Website: www.pcb.com.pk

Pakistan name squads for Netherlands ODIs and T20 Asia Cup 

Lahore, August 03, 2022 (PPI-OT):Pakistan today announced its 16-player squad for the ICC Men’s Cricket World Cup Super League fixtures against the Netherlands from 16-21 August and a 15-member side for the ACC T20 Asia Cup, which will be played in the United Arab Emirates from 27 August to 11 September.

Fast bowler Naseem Shah has been named in both the squads in place of Hasan Ali, while Salman Ali Agha, who toured England in 2021 for the ODIs, has been recalled. Shaheen Shah Afridi has been retained in the ODI and T20I squads, and his rehabilitation programme will be overseen by the team trainer and physiotherapist, who will also decide on his return to international cricket.

There will be five changes from the Netherlands ODI squad to the ACC T20 Asia Cup side. Abdullah Shafique, Imam-ul-Haq, Mohammad Haris, Salman Ali Agha and Zahid Mehmood will be replaced by Asif Ali, Haider Ali, Iftikhar Ahmed and Usman Qadir.

Squads:

Pakistan squad for Netherlands ODIs – Babar Azam (captain) (Central Punjab), Shadab Khan (vice-captain) (Northern), Abdullah Shafique (Balochistan), Fakhar Zaman (Khyber Pakhtunkhwa), Haris Rauf (Northern), Imam-ul-Haq (Balochistan), Khushdil Shah (Southern Punjab), Mohammad Haris (Khyber Pakhtunkhwa), Mohammad Nawaz (Northern), Mohammad Rizwan (Khyber Pakhtunkhwa), Mohammad Wasim Jnr (Khyber Pakhtunkhwa), Naseem Shah (Southern Punjab), Salman Ali Agha (Southern Punjab), Shaheen Shah Afridi (Khyber Pakhtunkhwa), Shahnawaz Dahani (Sindh) and Zahid Mehmood (Sindh)

Pakistan squad for ACC T20 Asia Cup – Babar Azam (captain) (Central Punjab), Shadab Khan (vice-captain) (Northern), Asif Ali (Northern), Fakhar Zaman (Khyber Pakhtunkhwa), Haider Ali (Northern), Haris Rauf (Northern), Iftikhar Ahmed (Khyber Pakhtunkhwa), Khushdil Shah (Southern Punjab), Mohammad Nawaz (Northern), Mohammad Rizwan (Khyber Pakhtunkhwa), Mohammad Wasim Jnr (Khyber Pakhtunkhwa), Naseem Shah (Southern Punjab), Shaheen Shah Afridi (Khyber Pakhtunkhwa), Shahnawaz Dahani (Sindh) and Usman Qadir (Central Punjab)

Player Support Personnel: Mansoor Rana (manager), Saqlain Mushtaq (head coach), Shahid Aslam (assistant to head coach), Mohammad Yousuf (batting coach), Shaun Tait (bowling coach), Drikus Simmon (trainer/strength and conditioning coach), Cliffe Deacon (physiotherapist), Abdul Majeed (fielding coach), Ibrahim Badees (media and digital manager), Lt Col (retd) Asif Mahmood (team security manager), Talha Ejaz (team analyst), Malang Ali (team masseur) and Dr Najeebullah Soomro (team doctor). Col Muhammad Imran will replace Lt Col Asif Mahmood as team security manager for the ACC T20I Asia Cup.

Chief selector Muhammad Wasim: “We have only made changes that were necessary. Both the competitions are important for us and, as such, we have picked our best available players in consultation with the captain and head coach.

“Hasan has been given a break from international cricket and he has been replaced by Naseem Shah. He is express fast and can give further impetus to the fast bowling department, which already boasts Haris Rauf, Mohammad Wasim Jnr, Shaheen Shah Afridi and Shahnawaz Dahani. Naseem has not played any international white-ball cricket, but he has demonstrated with the red-ball that he is an attacking option with good pace and controlled swing.

“Salman Ali Agha has been recalled to the ODI side after he performed well in the past two Pakistan Cup tournaments, averaging 40.33 and 48.8, respectively. He also gives Babar Azam an additional bowling option.”

The training camp for the players will be held in Lahore from 6-11 August, during which they will also play two 50-over matches. The side will depart for Amsterdam in the wee hours of Friday, 12 August. T20I players will join the squad in Dubai for the ACC T20 Asia Cup on 22 August.

Schedule:

vs Netherlands

16 Aug – 1st ODI; VOC Cricket Ground, Rotterdam

18 Aug – 2nd ODI; VOC Cricket Ground, Rotterdam

21 Aug – 3rd ODI; VOC Cricket Ground, Rotterdam

ACC T20 Asia Cup

Group A – India, Pakistan and Qualifier (one of UAE, Kuwait and Hong Kong to qualify)

Group B – Afghanistan, Bangladesh, and Sri Lanka

28 Aug – Pakistan v India, Dubai

2 Sep – Pakistan v Qualifier, Sharjah

3-9 Sep – Super Four Stage

11 Sep – Final, Dubai

For more information, contact:
Media Manager,
Pakistan Cricket Board (PCB)
Gaddafi Stadium, Lahore 54600, Pakistan
Tel: +92-42-5717231-4
Fax: +92-42-5711860
Website: www.pcb.com.pk

Imran Khan is proven biggest thief after ECP verdict, says PPP Chairman Bilawal Bhutto Zardari 

Islamabad, August 03, 2022 (PPI-OT):Chairman Pakistan People’s Party (PPP) and Foreign Minister Bilawal Bhutto Zardari has said that the decision of the Election Commission of Pakistan (ECP) has proved Imran Khan to be the biggest thief in the country’s history.

In a statement issued from Media Cell Bilawal House, the Chairman PPP, in his reaction to the verdict on foreign funding case against the PTI, said that after the ECP verdict Imran Khan’s narrative on corruption also turned out to be farcical and it was also proved that PTI was founded for corruption.

Chairman Bilawal Bhutto Zardari said that Imran Khan, who adopted high-handed tactics to prevent the ECP from investigating, has been exposed in front of the nation, while taking funds from foreigners and raising slogans of foreign conspiracy was the sheer hypocrisy of PTI.

He furthered said that a person who submitted a fabricated affidavit to the ECP cannot be “Sadiq and Ameen” (honest and trustworthy). “It is now clear that Imran Khan launched the so-called anti-corruption campaign to conceal his own corruption,” he maintained. Bilawal Bhutto Zardari said that Imran Khan, who pollutes the country’s politics by taking money from foreigners, is a culprit for the people of Pakistan and cannot be given any concession.

For more information, contact:
PPP Media Cell (Sindh)
Pakistan People’s Party (PPP)
Peoples Secretariat Shikarpur Colony,
Behind Mazar-e-Quaid-e-Azam, Karachi, Pakistan
Cell: +92-305-3370383
Email: contact@ppp-tu.com
Website: https://www.ppp.org.pk

Government (59%) and Consumer (54%) are reported by respondents as the highest contributors to waste management: Gallup and Gilani Pakistan and Davaam project findings

Islamabad, August 03, 2022 (PPI-OT):According to a survey conducted by Gallup and Gilani Pakistan and Davaam, Government (59%) and Consumer (54%) are reported by respondents as the highest contributors to waste management.

A nationally representative sample of adult men and women from across the four major cities of Pakistan including Lahore, Karachi, Rawalpindi/Islamabad, and Peshawar was asked the following question,

“Who do you think is responsible regarding waste management? Is it the consumer’s responsibility since they are consuming the product or is it the responsibility of post consumption waste management companies or the government’s responsibility?’ In response to this question, Government (59%) and Consumer (54%), Post consumption waste management companies (32%) are reported by respondents as the highest contributors to waste management, whereas 1% said they don’t know.

Question: “Who do you think is responsible regarding waste management? Is it the consumer’s responsibility since they are consuming the product or is it the responsibility of post consumption waste management companies or the government’s responsibility?

For more information, contact:
Head Office,
Gallup Pakistan
Islamabad, Pakistan
Tel: +92-51-8445080
Email: isb@gallup.com.pk, caf@gallup.com.pk
Website: www.gallup.com.pk

Inaugural CA Divisional Senior Tournament to start from Thursday

Lahore, August 03, 2022 (PPI-OT):The PCB will host its maiden Cricket Associations Divisional Senior Tournament (three-day event) from 4 August to 21 August in all six Cricket Associations. A total of 24 teams will feature in the tournament where around 480 players will get an opportunity to showcase their talent and impress the selectors for the forthcoming domestic season.

These 480 players have been selected after impressing in the recently concluded City Cricket Association Tournament 2022-23 that was played from 19 June to 21 July in the jurisdictions of six Cricket Associations. Around 1,860 players from 93 teams had featured in the CCA tournament.

The CA Divisional Tournament was recently introduced at the pathways level, 24 sides comprising of 480 under-19 players featured in the CA Divisional U19 tournament at six Cricket Associations from 10 to 17 June. The players were selected through their performance in the 93-team CCA U19 Tournament which was held from 21 May to 4 June.

The PCB will continue to cover the tournament digitally and live scores will be available here.

Squads

Balochistan CA

Loralai/Zohb Division – Abid Ali Mengal, Aqib Junaid, Ehsanullah, Fahad Hussain, Latifullah, Mohammad Deen, Najeeb Ullah, Najeebullah Achakzai, Nazar Hussain, Qutub Ud Din, Rizwan Ahmed, Salim Mal, Shoaib Ahmed, Zainullah and Zubair Khan

Reserve players – Abdul Rasheed, Adil Pathan, Fareed Baqi, Muhammad Irfan and Zahoor Ahmad

Makran/Kalat Division – Abdul Hanan, Abu Huraira, Aftab Ahmed, Asad Ullah, Bilal Ahmed, Dawood Khan, Gohar Faiz, Hazrat Wali, Kamran Khan, Mashooq Ali, Muhammad Ghous, Obaid Khan Jnr, Sami Ullah, Shahzad and Syed Ahmed Shah

Reserve players – Anis Ur Rehman, Hidayat Ullah, Masroor Khan, Munir Ahmed and Waheed Ur Rehman

Naseerabad/Sibi Division – Abdul Nasir, Aurangzeb, Diljan Irshad, Faheem Younis, Israr Ahmed, Jamal Ud Din, Kabir Raj, Kaleem Ullah, Mohammad Idrees, Muhammad Javed, Muhammad Shahzad Khan, Najeeb Ullah, Nasir Khan, Taimur Ali and Ubaidullah

Reserve players – Aqib Majeed, Abdul Arshad Ali, Basit Hussain, Imran and Saeed Ahmed

Quetta/Rakhshan Division – Abdullah, Abid Ali, Azizullah, Bakhtiar Shah, Baz Muhammad, Faheem Rasheed, Hidayatullah, M. Ibrahim Snr, Mudasir, Muhammad Asghar, Muhammad Junaid, Sanaullah, Sanaullah, Syed Zainullah and Zia Rehman

Reserve players – Mirwais Tareen Khan, Muhammad Imran, Rameez Raja, Rashid Ahmed and Riaz Ahmed

Central Punjab CA

Faisalabad Division – Ali Manzoor, Ali Raza, Ameer Hamza, Asad Ali Jr, Daniyal Rana, Hamza Nazar, Irfan Jnr, M Kashif, M Naveed, M Saleem, M Umair Riaz, M Zahid, Mudassar Riaz, Rana Nasrullah and Tahir Baig

Reserves – Asad Ullah, M Ahmad, Saad Ali Refai, Tahir Nadeem and Zohaib Amanat

Lahore Division – Abdul Ghaffar, Anas Mahmood, Asad Ullah, Asfand Mehran, Fahad Munir, Fahad Usman, Gohar Hafeez Butt, Haseeb Ur Rehman, Junaid Ali, M Afzal, M Waleed, Malik Aftab Azwar, Muhammad Irfan, Nisar Ahmed and Rameez Jr

Reserves – Kamil Ali, M Shahid Khan, M. Zahid Khan, Mudassar Hussnain Shah and Saad Waseem

Sargodha Division – Ali Shafuque, Arslan Arshad Bajwa, Atiq Ur Rehman, Awais Ali, Hamza Akbar, Hunain Shah, Karamat Ali, M Ahsan, M Waqas, Mohsin Riaz, Muhamad Waheed, Sadaqat Ali, Shahrukh Ali, Shoaib Akhtar and Waseem Akram

Reserves – Adnan Rasool, Babar Ali, M Kamran, Rehman Aslam and Zain Bin Farooq

Sialkot-Gujranwala Division – Ali Zubair Bhatti, Asad Raza, Fahad Jamil, Haider Ali, Hassan Mahmood, Hirad Parveez, M Faizan, M Usama, Nabeel Gulzar, Saif Badar, Saqib Javed, Sohaib Ullah, Tabrayaz Butt, Yawar Bashir and Zaid Alam

Reserves – Abdul Rehman, Rana Shahzaib, Shahid Ali, Shahzaib Bhatti and Wajahat Ali

Khyber Pakhtunkhwa CA

Peshawar/Kohat Division – Abuzar Tariq, Arif Shah, Mohammad Tahir, Mohammad Amir Khan, Mohammad Aqib, Mohammad Bilal, Mohammad Hamza, Mohammad Ibrahim, Mohammad Irfan, Mehmood Anwar, Saqib Jameel, Sardar Ali, Shahzaib, Yasir Khan and Zubair Khan

Reserve players – Abrar Ahmed, Mohammad Kashif, Mohammad Sadiq, Mohsin Rasheed and Salman Khan Jr

Malakand Division – Ahmed Khan, Akmal Khan, Anees Azam, Farhan Khan, Imranullah, Khalilullah Khan, Mohammad Imran, Mohammad Usman, Mohammad Waseem Khan, Mashal Khan, Muhammad Ashraf, Musadiq Ahmed, Najeebullah, Sajjad Ali and Usman Tariq

Reserve players – Aftab Alam, Azam Khan, Muhammad Ibrahim, Syed Sanan and Wasif Nawaz

Hazara/Mardan Division – Aitizaz Habib, Arsalan Sajjad, Fazal-ur-Rehman, Gohar Ali, Haroon Wahid, Ihsanullah, Mohammad Touqeer Munir, Maaz Khan, Maaz Sadaqat, Mohsin Khan, Niaz Khan, Shahab, Shahid Aziz, Ubaidullah and Zeeshan Khan

Reserve players – Abdul Rauf, Abdullah Zareen, Haider Ali, Mohammad Umer Barki and Saif-ur-Rehman

D.I Khan/Bannu Division – Adil Naz, Amir Azmat, Arshadullah, Hidayatullah, Imran Wazeer, Junaid Afridi, Khayam Khan, Mohammad Nisar Afridi, Mohammad Saad, Malik Shahbaz, Salman Khan, Sarmad Khatak, Sher Badshah, Sirajuddin and Sohail Akhtar

Reserve players – Inamullah Afridi, Mohammad Naeem, Mohammad Umar, Mohammad Waqas and Muawiya Bin Asad

Northern CA

AJK Division – Aqib Liaqat, Badar Uddin, Faizan Saleem, M Ismail Khan, M Naqash, M. Asjad, M. Haider, M. Nisar Malik, Mehtab Hussain, Raza Ul Mustafa, Sufyan Muqeem, Umer Waheed, Usama Fazal, Usman Maroof and Zeeshan Malik

Reserves – Awais Akram, M. Idrees Ilyas, Mohsin Kamran, Shahbaz Tabraiz and Shujat Hussain

Gilgit Division – Ayan Ahmad, Hamza Majeed, M. Ismael, Malik Aswad, Mehran Mamtaz, Muhammad Irfan, Muhammad Shoaib Khan, Munir Riaz, Raja Shehzad, Rohan Qadri, Sarmad Hameed, Shahab Rehman, Sheraz Khan, Tanveer Abbas and Umair Masood

Reserves – Hamza Sajid, Shakeel Ahmed, Shan Khan, Talha Quraishi and Zeeshan Ahmed

Islamabad Division – Abdul Rehman, Ali Hasnain Sabir, Atif Khan, Basit Ali, Farhan Shafiq, Hassan Nawaz, Kamran Riaz, Muhammad Arham, Naqash Basharat, Raja Farhan, Sabih Hasan, Sufyan Ikram, Syed Aqib Shah, Taimur Khan and Tayyab Abbas

Reserves – Ahsan Siddique, Haseeb Imran, Mohammad Hammad, Mohammad Hassan Ali and Naveed Malik

Rawalpindi Division – Adil Khan, Azhar Mehmood, Daniyal A. Ditta, Hamza Arshad, Hasan Raza, Hussain, Inzamam Ul Haq, Jahandad Khan, Jamal Anwar, M. Aamir, M. Faisal, Rehman Khan, Shoaib Amir, Suleman Asif and Umer Hameed

Reserves – Abdul Shakoor, Ajab Khan, Nouman Akhtar, Rehan Arif and Saqlain Gillani

Sindh CA

Karachi Division – Abdulrehman, Amir Ali Taheem, Ashique Ali, Fahdis Bukhari, Ghulam Mudasir, Hassan Mohsin, Majid Asghar, Mubashir Nawaz, Muhammad Afzal, Muhammad Ali Khan, Muhammad Saddam, Muhammad Suleman, Shezar Muhammad, Ubais Ullah Khan and Zohaib Abid Khan

Reserves – Ali Haider, Akbar Babar, Gul Badin, Hamesh Kumar and Waleed Ahmed

Shaheed Benazirabad-Mirpurkhas Division – Abdul Majeed, Arif Yaqoob, Asif Ali, Asif Mehmood, Bilal Irshad, Daniyal Hussian Rajput, Faizan Khan, Ghazi Ghori, Haris Khan, Imtiaz Laghari, Jahnzaib Sultan, Kashif Ali, Muhammad Asad, Muhammad Asad Malik and Zulfiqar Ali

Reserves – Abdul Rehman, Amir Brohi, Mohammad Sikandar, Raheem Ullah Nizamani and Sabit Ali

Sukkur-Larkana Division – Ali Asghar, Ali Umer, Aliyan Mehmood, Kashif Iqbal, Khuziaima Bin Tanveer, Malhar Rasool, Muhammad Shahid Mirani, Mustafa Nasir, Rameez Aziz, Saif Ullah Bangash, Sajid Ali, Shezar Hasan Khan, Syed Amin Uddin, Syed Waleed Azim and Talha Ehsan

Reserves – Ammar Iqbal, Faraz Aziz, Haris, Jahangir and Touqeer Malik

Hyderabad Division – Abrar Hussain, Adeel Meo, Akbar Khan, Asim Ali, Ghulam Raza Maher, Jawad Ali, Kamran Ali, Khawaja Muhammad Nafay, Mushtaque Ahmed Kalhoro, Raza Ul Hassan, Rizwan Mehmood, Salman Khan, Syed Haider Abbas, Tariq Khan and Zeeshan Gul

Reserves – Azad Khan, Hassan Khalid, Mohsin Raza, Syed Hamza Sajjad and Umar Khalid

Southern Punjab CA

Bahawalpur Division – Abdul Rehman, Abdul Rehman Muzammil, Aftab Ahmad Khan, Ahsan Baig, Ali Imran, Ameer Moavia, Anjum Naveed, Ghulfam Aziz, Muhammad Basit, Muhammad Faiz Ul Rehman, Muhammad Imran, Najam Abbas, Tahir Hussain, Usman Liaqat and Waqar Hussain

Reserve players – Ahmer Ashfaq, Ammar Ali, Muhammad Younus, Noman Ahmad and Sageer Hassan

DG Khan Division – Ali Hasnain, Aun Shehzad, Faizan Zaffar, Faraz Khan, Humayun Altaf, Jallat Khan, Kaleem Ullah, Mudasir Gillani, Muhammad Mansoor, Muhammad Rameez, Muhammad Sudais, Muhammad Umair Khan, Naveed Yaseen, Sajid Iqbal and Waseem Rasool

Reserve players – Afraseem Hussain, Ibrar Amin, Muhammad Umair, Sami Ullah Khan and Shayan Khalil

Multan Division – Abdul Wahab, Adeel Ul Rehman, Burhan Basharat, Faisal Mehmood, Hafiz Muhammad Ilyas Ali, Muhammad Asif Fawad, Muhammad Asif Senior, Muhammad Faisal, Muhammad Junaid Awan, Muhammad Khaqan Bashir, Muhammad Shahzad, Muhammad Shehryar , Saif Ul Rahman , Saim Ayaz and Shahbaz Khan

Reserve players – Majid Ali, Muhammad Haseeb Jameel, Muhammad Yousaf, Umair Mumtaz and Zahid Ul Hassan

Sahiwal Division – Ahmad Hassan, Arslan Haider, Farhan Sarfaraz, Gulraiz Sadaf, Muhammad Alamgir, Muhammad Arslan Zia, Muhammad Asif Ali, Muhammad Faraz, Muhammad Jahangir, Muhammad Sadaqat, Ramiz Alam, Safi Ul Rehman, Salahuddin, Usama Aslam and Waseem Akram

Reserve players – Mehran Sanwal, Muhammad Ali Zain, Muhammad Imran Ali, Muhammad Irfan and Syed Khuram Ali Shah

For more information, contact:
Media Manager,
Pakistan Cricket Board (PCB)
Gaddafi Stadium, Lahore 54600, Pakistan
Tel: +92-42-5717231-4
Fax: +92-42-5711860
Website: www.pcb.com.pk

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Cavco 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=7555 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 November 8, 2018, Cavco revealed in an SEC filing that it had “received a subpoena from the SEC’s Division of Enforcement requesting certain documents relating to, among other items, trading in the stock of another public company.” On this news, Cavco share price fell $49.48 per share, or over 23%, to close at $165.20 per share on November 9, 2018.

On February 4, 2019, Cavco revealed that it had received requests for additional documents. Cavco further disclosed that it spent, and expected to spend, millions of dollars on legal and insurance expenses in relation to the SEC’s subpoenas and Cavco’s independent investigation into the matter. On this news, Cavco’s share price fell $26.92 per share, or about 16.7%, to close at $134.37 per share on February 5, 2019.

On September 2, 2021, the SEC filed a complaint against Cavco, former CEO Joseph Stegmayer, and former CFO and Chief Compliance Officer Daniel Urness. The SEC complaint alleged that Stegmayer and Urness caused Cavco to purchase shares of publicly traded companies on material non-public information. On this news, Cavco’s share price fell $6.59 per share, or about 2.5%, to close at $252.48 per share on September 3, 2021.

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:

        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