CM Chaudhry Parvez Elahi addresses a ceremony on anti-corruption day at Alhamra 

Lahore, December 09, 2022 (PPI-OT):Chief Minister Punjab Chaudhry Parvez Elahi said that the Sharif family including Shahbaz Sharif did not do any significant or commendable work for the welfare of masses adding that Shahbaz Sharif remained Chief Minister for 15 years but could not do any durable or sustainable work for the welfare or progress of the people of the province.

CM stated that he made Rescue 1122 and other institutions which are serving the people to date. Shahbaz Sharif made Ashiana and was nabbed in it adding that Shahbaz Sharif did not feel ashamed even after going to Sharm-El-Sheikh and started begging even there.

Shahbaz Sharif remarked that he did not come for begging but was doing so under compulsion. We were afraid as if he would ask for return ticket as well. The Chief Minister was addressing a ceremony in connection with International Anti-corruption Day at Alhambra.

CM said that the Sharif family is ruling for the last 30 years and did not bother to even slightly think about the masses. This family only thinks about its own wellbeing and fills up their own coffers. They claim that they did not indulge into corruption of even a single penny and even their own people disclose about their doing massive corruption.

CM remarked that he remained with the Sharif family for 15 years and knows all of them through and through. Now few people are planning to play a trick but our Quaid Imran Khan has inculcated so much awareness among the people that no corrupt politician will survive in the political arena.

The Sharif family wherever goes abroad then people over there raise slogans of thieves whether they go to some restaurant for dining or to some store for doing shopping slogans of thieves are raised on them.

Neither these people can eat food nor can do shopping with ease. CM stated that the PTI followers have found the best solution to deal with them and he pays tribute to them. He stated that every government held them accountable adding that he had contested an election for the first time in 1977 and ever since every government fulfilled its desire by holding us accountable.

The voice of self-accountability comes from one’s inner self and when it comes from inner self then the fear of Allah Almighty will develop and resultantly corruption will itself be stopped. When the hand of Allah Almighty comes on someone then the hand doing corruption itself stops and then every work is blessed and rewarded.

The war against corruption should be the cardinal part of our faith and if one has a strong faith then he cannot think about doing corruption and then the need for establishing anti- corruption institutions does not arise. CM maintained that the laws relating to anti-corruption have become obsolete and there is a need to review them. He assured that the Punjab government will provide full assistance in order to improve these laws. Wherever a need arises legislation will be done and shortcomings will be overcome. If needed then consultation with the judiciary will also be made.

He said we are moving forward by taking reforms agenda in the light of directions of our Quaid Imran Khan. He stated that every day he makes an effort to do some significant work for the betterment of common people and their children.

He emphasised that we would have to apply self-accountability in our lives. Imran Khan is our leader as he has raised a vociferous voice against corruption adding that Pakistan will move forward by eliminating corruption and doing self-accountability. Losing hope is a sin and we should keep on going hard work and strive for betterment. Allah Almighty will shower his blessings and respect as well as dignity of Pakistan will be enhanced.

CM paid tributes to the performance of Provincial Adviser Brigadier (Retd) Mussadiq Abbassi and his whole team. Anti- Corruption Department retrieved rupees 238 billion directly and indirectly and deposited them in the national exchequer which manifest their dedication and an excellent strategy. CM lauded the Anti-corruption department for setting a worthy example of dutifulness and diligence.

The Chief Minister announced to increase salaries of the officials of Anti-Corruption department adding that Punjab government would increase salaries of the officials of Anti- Corruption department. CM distributed commendation certificates among the officers and staff members of Anti-Corruption department for showing exemplary performance.

The Chief Minister also led a walk being organised in connection with International Anti-Corruption Day at Alhambra. Provincial Adviser for Anti- Corruption Brigadier (Retd) Mussadiq Abassi also addressed the ceremony. Provincial Adviser on Home Affairs Omar Sarfaraz Cheema, Provincial Adviser Amir Saeed Rawn, Provincial Adviser Rafaquat Gilani, eminent intellectual and poet Amjad Islam Amjad, DG Anti-Corruption Establishment, Secretary Information and other officials participated in the ceremony.

For more information, contact:
Mediacell, Pakistan Muslim League
30-C, Chaudhry Zahoor Elahi Road,
Gulberg-II, Lahore, Pakistan
Tel: +92-42-35878428
Fax: +92-42-35877329
Website: www.pmlmediacell.com

Squads and Schedule for Pakistan Cup announced

Multan, December 09, 2022 (PPI-OT):After the Quaid-e-Azam Trophy, the action moves on to the white-ball List A tournament Pakistan Cup, which is all set to commence from Saturday, 10 December in Karachi.

The PCB today confirmed 15-player squads of six Cricket Associations teams for Pakistan Cup – the final tournament of the domestic season 2022-23 and the squads are available here. The tournament provides an opportunity to players to get a chance to feature for Pakistan Men’s side that is scheduled to play a white-ball series against New Zealand next month in Karachi.

The tournament will be held on a double-league basis and Balochistan led by Yasir Shah will look to defend the title when they take on Umar Amin-led Northern at the NBP Sports Complex in Karachi. Pakistan international Aamir Yamin will captain Central Punjab, while Khalid Usman will lead Khyber Pakhtunkhwa. Omair Bin Yousaf will lead Sindh whereas Test fast bowler Hasan Ali has been handed the captaincy reins of Southern Punjab.

The PCB will live-stream group stage matches scheduled at the State Bank Sports Complex in Karachi. The semi-finals and final at the National Bank Cricket Arena will be broadcast live on PTV Sports.

The tournament carries over PKR 9 million in prize money. The tournament winners will bag PKR5million, while the runners-up will receive PKR2.5million.

Meanwhile, Cricket Associations Challenge (one-day event) will also start from 10 December. Sindh – the defending champions will play Southern Punjab at the TMC Ground in Karachi. Balochistan will take on Northern at the KCCA Stadium, while Central Punjab and Khyber Pakhtunkhwa will meet at the Landhi Gymkhana Ground.

The squads of Cricket Associations are available here.

Pakistan Cup 2022-23 squads:

Balochistan:

Yasir Shah (Captain), Abdul Wahid Bangalzai, Ali Waqas, Ammad Butt, Aqif Javed, Bismillah Khan, Haris Sohail, Haseebullah, Hussain Talat, Imran Butt, Kashif Bhatti, Khurram Shahzad, Muhammad Junaid, Nasir Khan and Sajjad Ali

Central Punjab:

Aamir Yamin (Captain), Ahmed Shahzad, Ali Shafiq, Bilawal Bhatti, Hunain Shah, Irfan Khan Niazi, Junaid Ali, Mohammad Faizan, Qasim Akram, Rizwan Hussain, Saif Badar, Tayyab Tahir, Usama Mir, Waqas Maqsood and Zafar Gohar

Khyber Pakhtunkhwa:

Adil Amin, Amir Azmat, Ihsanullah, Imran Khan Sr., Kamran Ghulam, Khalid Usman (Captain), Khushdil Shah, Muhammad Amir, Muhammad Haris, Muhammad Imran, Muhammad Sarwar Afridi, Niaz Khan, Sahibzada Farhan, Sajid Khan and Waqar Ahmed

Northern:

Umar Amin (Captain), Aamir Jamal, Athar Mehmood, Haider Ali, Kashif Ali, Mehran Mumtaz, Mubasir Khan, Muhammad Huraira, Muhammad Musa, Rohail Nazir, Umar Akmal, Umer Khan, Umer Waheed, Usman Khan Shinwari and Zeeshan Malik

Sindh:

Omair Bin Yousaf (Captain), Afnan Khan, Aliyan Mehmood, Asif Mahmood, Danish Aziz, Habibullah, Mir Hamza, Muhammad Suleman, Muhammad Umar, Saad Khan, Saifullah Bangash, Saim Ayub, Shahnawaz Dahani, Sharjeel Khan and Sohail Khan

Southern Punjab:

Hasan Ali (Captain), Ali Majid, Arafat Minhas, Hassan Khan, Imran Rafiq, Imran Randhawa, Mohammad Ilyas, Sameen Gul, Sharoon Siraj, Tahir Hussain, Umer Siddque, Usman Qadir, Usman Salahuddin, Zain Abbas and Zeeshan Ashraf

Cricket Associations Challenge 2022-23 squads

Balochistan:

Abdul Hanan, Aftab Ahmed, Ayaz Tasawar, Azeem Ghuman, Basit Ali, Gohar Faiz, Hazrat Wali, Jalat Khan, Kabir Raj, Muhammad Ibrahim Sr., Muhammad Shahid, Najeeb Achakzai, Shoaib Ahmed, Taj Wali and Zubair Mengal

Central Punjab:

Abdul Samad, Abid Ali, Ahmed Safi Abdullah, Ali Zaryab, Ali Asfand, Ali Shan (WK), Arham Nawab, Bilawal Iqbal, Imran Dogar, Muhammad Akhlaq, Muhammad Saad, Muhammad Waleed, Nisar Ahmed, Sohaib ullah and Umaid Asif

Khyber Pakhtunkhwa:

Abbas Afridi, Ahmed Khan, Aitizaz Habib, Arshad Ullah, Farhan Khan, Haseeb Khan, Irfan Ullah Shah, Israr Ullah, Maaz Ahmed Sadaqat, Maaz Khan, Muhammad Farooq, Muhammad Mohsin, Nabi Gul, Rehan Afridi and Zeeshan Ahmed

Northern:

Abidullah, Ali Imran, Aqib Liaquat, Farhan Shafiq, Hammad Khan, Hassan Raza, Munir Riaz, Nasir Nawaz, Saad Nasim, Shadab Majeed, Sufiyan Maqim, Taimoor Khan, Umair Masood, Waqas Ahmed and Syed Aqib Shah

Sindh:

Ammad Alam, Arish Ali Khan, Ghulam Mudassar, Haseeb ur Rehman, Hassan Mohsin, Jahanzaib Sultan, Muhammad Asad, Muhammad Taha, Mustafa Nasir, Rameez Aziz, Rizwan Mehmood, Saad Baig, Shahid Mirani, Wahaj Riaz and Waleed Azeem

Southern Punjab:

Ahmed Hasan, Ameer Maviya, Faisal Akram, Majid Ali, Moinuddin, Muhammad Ismail, Muhammad Jahangir, Muhammad Junaid, Muhammad Sadaqar, Muhammad Shahzad, Muhammad Sudais, Muhammad Umair, Rameez Alam, Waqar Hussain and Yousaf Babar

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

‫”بہترین دودھ پروجیکٹ” کا لوگو بیجنگ میں شروع ہوگیا

بیجنگ، 9 دسمبر 2022ء/ژنہوا-ایشیانیٹ/– ڈیری گائے کی غذائیت اور دودھ کے معیار پر ساتواں بین الاقوامی سمپوزیم اور چوتھا چائنا ایکسیلینٹ ملک پروجیکٹ پیسچرائزڈ دودھ ڈویلپمنٹ فورم بیجنگ میں منعقد ہوا۔ کانفرنس میں، “چائنا ایکسیلینٹ ملک پروجیکٹ” کے لوگو کا استعمال جاری کیا گیا تھا، اور فوجیان چانگفو ڈائری کمپنی، لمیٹڈ، لوگو کی اجازت حاصل کرنے والی چین کی پہلی کمپنی بن گئی ہے۔ سرخ پس منظر کے ساتھ یہ پیلے رنگ کا لوگو چین کے “چائنا ایکسیلینٹ ملک پروجیکٹ ” کے نفاذ کو مضبوط کرنے کی ایک سنگ میل کی کامیابی کی علامت ہے ، جو ان گنت چینی ڈائری کارکنوں اور کاروباری اداروں کی ڈائری کے بہترین معیار کے تعاقب ، لگن اور عزم کا پھل ہے۔

2016 میں اس کے نفاذ کے بعد سے، “چائنا ایکسیلینٹ ملک پروجیکٹ” نے چین کی قومی ڈیری صنعت کے عروج اور ترقی کا مشاہدہ کیا ہے۔ اس منصوبے نے جدت طرازی سے اس تصور کی تجویز پیش کی کہ فعال غذائیت کو بہترین دودھ کے بنیادی معیار کے طور پر مقرر کریں اور ، اس بنیاد پر ، چین میں عمدہ دودھ کے لئے معیاری تکنیکی نظام تیار کیا ، جس نے چینی ڈیری انڈسٹری میں معیار کے معیار کی دیرینہ کمی کو حل کیا ہے۔ دریں اثنا ، “چائنا ایکسیلینٹ ملک پروجیکٹ ” نے چینی ڈیری انڈسٹری کو روایتی ہم جنس مسابقت سے تبدیل کرنے کی قیادت کی ہے جو اندرونی معیار کو بہتر بنانے کے جدید انقلاب کے لئے رنگوں ، اقسام اور ضرورت سے زیادہ اشتہاری پیکیجنگ کو تبدیل کرنے پر انحصار کرتا ہے۔

گھریلو اعلی معیار کے پیسچرائزڈ دودھ کا لیکٹوفیرین مواد 2017 میں 10.4 ملی گرام فی لیٹر سے بڑھ کر 2021 میں 44.8 ملی گرام فی لیٹر ہوگیا ہے ، جو درآمد شدہ مصنوعات کے مقابلے میں آٹھ گنا زیادہ ہے۔چین کے اعلی معیار کے تازہ دودھ کے معیار اور حفاظتی اشارے اب یورپی اور امریکی معیاروں میں ان لوگوں کو پیچھے چھوڑ چکے ہیں۔ “چائنا ایکسیلینٹ ملک پروجیکٹ” کی کامیابیوں نے اس رجحان کو تبدیل دیا ہے کہ چینی ڈیری صارفین کی مارکیٹ درآمد شدہ دودھ کی طرف حد سے زیادہ راغب ہے ، اور قوم کو اعلی معیار کا دودھ گھریلو طور پر تیار کیا جاتا ہی کے سائنسی تصور سے آگاہ کیا ہے۔

سمپوزیم میں “چائنا ایکسیلینٹ ملک پروجیکٹ” کی عملدرآمد ٹیم کے رہنما اور چائنا ایکسیلینٹ ملک الائنس کے ایگزیکٹو نائب صدر نان ژینگ نے کہا کہ، ‘چائنا ایکسیلینٹ ملک پروجیکٹ’ ایک ایسی وجہ ہے جس پر ہمیں عمل درآمد جاری رکھنا چاہئے۔ عوامی جمہوریہ چین کے قومی صحت کمیشن کی طرف سے مسلسل دو سالوں کے لئے قومی غذائیت کے منصوبے میں چین کے بہترین دودھ کے منصوبے کو شامل کرنے کے ساتھ، چینی ڈیری انڈسٹری اور چینی ڈیری انٹرپرائزز شعوری طور پر دودھ کا ایک گلاس ایک قوم کو مضبوط بناتا ہے کے تاریخی مشن کو آگے بڑھا رہے ہیں۔ سمپوزیم میں، 25 صوبوں کے 64 ڈیری انٹرپرائزز نے مشترکہ طور پر چین کے بہترین دودھ کے منصوبے کے لئے مشترکہ ایکشن پروگرام قومی غذائیت کے منصوبے کی حمایت کا آغاز کیا۔

ماخذ: چوتھا چین کا بہترین دودھ پروجیکٹ پاسچرائزڈ دودھ ڈویلپمنٹ فورم

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages NewAge Inc. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm – NBEV, NBEVQ

NEW YORK, Dec. 08, 2022 (GLOBE NEWSWIRE) — WHY: 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 NewAge, Inc. (NASDAQ: NBEV) (OTC: NBEVQ) between January 18, 2018 and October 18, 2022, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 6, 2023.

SO WHAT: If you purchased NewAge 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 Gap class action, go to https://rosenlegal.com/submit-form/?case_id=10143 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 February 6, 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. 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, among other things, that: (1) NewAge never entered into a “distribution agreement” or “initiative in partnership” with the military and never had plans to sell its products at all commissaries and exchanges around the world; (2) NewAge did not have adequate inventory of its products to fulfill this reported agreement; (3) NewAge did not actually expand its product lines or distribution agreements as represented; (4) the Company lacked adequate internal controls; (5) as a result the Company had a heightened risk of regularly scrutiny and ultimately subject to an SEC investigation and action; and (6) as a result of the foregoing, 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 NewAge class action, go to https://rosenlegal.com/submit-form/?case_id=10143 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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 8711226

Park Place Technologies Acquires CentricsIT Global Services Division

Purchase Strengthens Park Place as Global Leader for all IT Infrastructure Solutions, as Economy and Skills Gap Challenges Impact Global Business.

CLEVELAND, Dec. 08, 2022 (GLOBE NEWSWIRE) — Park Place Technologies, the leading global data center and networking optimization firm, has acquired the TPM and Professional Services assets of CentricsIT, an IT services provider based in Atlanta, Georgia.

The demand for Professional Services is growing globally, driven by economic conditions and skills gaps. Park Place’s Professional Services offering will benefit from the acquisition with greater capabilities in IMAC, ITAD, Remote Hands, and deployment services, including cabling, wi-fi surveys, data center installs and refreshes, and network installations. Park Place clients will benefit from a state-of-the-art Professional Services portal developed by CentricsIT that provides real-time project status, reporting, and collaboration tools. Park Place’s Project Management Office function will be enhanced with the addition of Project Management Institute-certified CentricsIT employees worldwide. CentricsIT customers will gain access to Park Place Technologies’ unique portfolio of products and services, including automated monitoring and managed services.

Chris Adams, President and CEO of Park Place Technologies, said in addition to investing in Professional Services, Park Place continues to focus on providing exceptional customer service and support. “When acquiring businesses, we always search for companies that are intensely focused on customer service and have a similar culture and value set to PPT. CentricsIT delivers that and more,” he said. “Our combined Professional Services capabilities are evolving to meet client needs, and this will accelerate that CX agenda. CentricsIT’s EVP of Global Services, Patrick Keuller, will join the global Professional Services group. Patrick brings decades of experience and understands the growing needs of companies around the globe that are struggling to recruit skilled stafff and stretching budgets to efficiently manage their infrastructures.”

CentricsIT has been a global leader in IT lifecycle management solutions and professional services since 2007. As the company transitions its professional services and TPM divisions to Park Place Technologies, it will retain its server, storage and networking resale division.

“We’re pleased to have found the right fit in Park Place Technologies for our services practice to grow and thrive,” said CentricsIT founder and CEO Derek Odegard. “We know they will continue to excel in service delivery and client support.”

This is Park Place’s fourth acquisition in 2022.

“Agile Equity provided investment banking services to CentricsIT and facilitated the transaction,” Odegard said. “We enjoyed working with the Agile Equity team. Their expertise in the data center infrastructure industry was very beneficial throughout the transaction.”

Founded in 1991, Park Place Technologies is powered by the world’s largest on-the-ground engineering team, a robust group of hundreds of advanced engineers and its fully staffed 24x7x365 Enterprise Operations Center. Park Place leverages a global parts supply chain, automation, machine learning and a comprehensive portfolio of services and products to optimize networking and data center uptime and performance.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Powered by the world’s largest on-the-ground engineering team, a robust group of advanced engineers and our fully staffed, 24x7x365 Enterprise Operations Center, we offer a robust portfolio of IT solutions to optimize networking and data center uptime and performance. Our services include third-party data center hardware maintenance, professional services, infrastructure managed services, network performance monitoring and hardware sales. Through our unique and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, customers enjoy streamlined infrastructure monitoring and management, cost efficiencies, less chaos, and faster mean-time-to-resolution – ultimately providing the freedom to think bigger. Park Place’s industry-leading and award-winning services include Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Jennifer Deutsch
Park Place Technologies
(440) 991-3105
jdeutsch@parkplacetech.com

Michael Miller
Park Place Technologies
(440) 991-5509
mmiller@parkplacetech.com

GlobeNewswire Distribution ID 8711279

ROSEN, NATIONAL TRIAL COUNSEL, Encourages The Gap, Inc. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm – GPS

NEW YORK, Dec. 08, 2022 (GLOBE NEWSWIRE) — WHY: 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 The Gap, Inc. (NYSE: GPS) between November 24, 2021 and July 11, 2022, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 3, 2023.

SO WHAT: If you purchased Gap 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 Gap class action, go to https://rosenlegal.com/submit-form/?case_id=6662 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 February 3, 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. 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 materially false and/or misleading statements and/or failed to disclose that: (1) there were execution missteps in size and assortment at Old Navy related to BODEQUALITY which were adversely impacting Old Navy’s margins and financial results; (2) contrary to the Company’s statements, there were inventory risks relating to BODEQUALITY that were actually existing that were adversely affecting the Company’s operations; and as a result (3) the Company’s statements during the Class Period about the historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company, and were materially false and misleading, and lacked a factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Gap class action, go to https://rosenlegal.com/submit-form/?case_id=6662 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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 8711197