January 12, 2023 – Page 3 – Newswire Pakistan

January 12, 2023January 13, 2023

CM Chaudhry Parvez Elahi chaired a consultative meeting in which over all political situation and future strategy was reviewed

Lahore, January 12, 2023 (PPI-OT):Chief Minister Punjab Chaudhry Parvez Elahi chaired a consultative meeting in which Speaker Punjab Assembly Muhammad Sabtain Khan, Provincial Minister Raja Basharat and MNA Hussain Elahi attended. The present political scenario came under discussion along with overall political situation and future strategy was reviewed during the meeting. The Assembly Members were paid rich tributes for reposing their trust on CM Parvez Elahi in the Punjab Assembly. The Chief Minister while talking on the occasion stated that the Governor Punjab by withdrawing de-notification order endorsed our point of view. CM maintained that the vote of confidence proceedings will be effective due to withdrawal of notification by Governor Punjab.

CM denounced that Rana Sanaullah is making a nefarious attempt to distort facts and mislead the nation adding that Rana Sanaullah is making an interpretation of judicial verdict of his own liking. Rana Sanaullah and his leadership are adept in making lies and have no credibility among the masses. Rana Sanaullah and Atta Tarar faced a humiliating defeat in Punjab and those aspiring to take control of Punjab government had to flee during night. CM stated that Allah Almighty bestowed on them success and we will clinch success in future as well. The negative politics of PML-N was out rightly rejected by the people of Punjab and all the conspiracies being hatched by their leadership were discarded by the masses.

Those trying to hold the reins of Punjab Assembly will keep on repenting and sobbing. CM vowed to continue serving the people of Punjab. Speaker Punjab Assembly Muhammad Sabtain Khan said that the Punjab Assembly completed the vote of confidence proceedings according to the constitution and law. Provincial Minister Raja Basharat said that the Governor of Punjab accepted the legal position of vote of confidence and withdrew identification order. The Governor’s counsel declared the Punjab Assembly proceedings constitutional and lawful. Rana Sanaullah is making a false propaganda to overcome his depression and as a face-saving. Social and a political personality Akbar Khan and other officials were also present on the occasion.

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

January 12, 2023January 13, 2023

Chairman PPP and Foreign Minister Bilawal Bhutto Zardari meets with US Ambassador and British High Commissioner in Islamabad

Karachi, January 12, 2023 (PPI-OT):Chairman Pakistan People’s Party and Foreign Minister Bilawal Bhutto Zardari had a meeting with US Ambassador Donald Bloom in Islamabad at the Ministry of Foreign Affairs. During the meeting, visa interview facilities for Pakistanis were discussed. Chairman Bilawal said that he had a detailed discussion with the US Secretary of State regarding visa facilities. This initiative will not only speed up the process of getting visas but also increase public communication. The US ambassador reiterated his commitment to continue supporting the people of Pakistan for the rehabilitation of the flood victims. The foreign minister appreciated the announcement by the United States of an additional 100 million dollars for the rehabilitation and reconstruction of the flood victims at the Geneva conference.

British High Commissioner Dr. Christian Turner also had a farewell meeting with Foreign Minister Bilawal Bhutto Zardari at the foreign ministry. In the meeting, they discussed increasing bilateral cooperation in various fields including Pakistan-UK relations. The Foreign Minister expressed his gratitude for the announcement of additional assistance of 9 million pounds by the United Kingdom for the rehabilitation of flood victims. During the meeting, Foreign Minister Bilawal Bhutto Zardari appreciated the efforts of the British High Commissioner regarding climate change awareness in Pakistan. The Foreign Minister also expressed his best wishes for the British High Commissioner Christian Turner.

The Chinese ambassador, Nong Rong also paid a farewell visit to the Foreign Minister, Bilawal Bhutto Zardari at the Foreign Ministry. They discussed matters of mutual interests including the CPEC and cooperation in other fields. Chairman FM Bilawal appreciated the services of the Chinese ambassador for strengthening bilateral relations.

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

January 12, 2023

GWH, GWH.WT EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ESS Tech, Inc. Investors to Inquire About Securities Class Action Investigation – GWH, GWH.WT

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate securities claims on behalf of shareholders of ESS Tech, Inc. (NYSE: GWH, GWH.WT) resulting from allegations that ESS Tech may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased ESS Tech 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=10877 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 December 7, 2022, Grizzly Research issued a report alleging ESS Tech’s partnership with Energy Storage Industries Asia Pacific (“ESI”) is not actually a third party but an entity completely reliant on ESS without a real office, staff, or current business. The report alleged that ESS Tech, developer and producer of utility-scale batteries for long duration storage of electricity, concealed its relationship with ESI before announcing their partnership, hid the fact that ESI is a de-facto subsidiary of ESS masking as a third-party client, and misled investors with their partnership announcement to signal business success to investors.

On this news, the price of ESS Tech’s shares fell $0.24, or over 7.7%, to close at $2.64 per share on December 7, 2022, damaging investors.

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/.

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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

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January 12, 2023

PHAT INVESTOR NOTICE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom 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=7943 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 August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

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. 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/.

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January 12, 2023

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Provident Bancorp, Inc. Investors to Inquire About Securities Class Action Investigation – PVBC

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Provident Bancorp, Inc. (NASDAQ: PVBC) resulting from allegations that Provident may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Provident 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=10252 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 15, 2022, Provident filed a Form NT 10-Q Notification of inability to timely file Form 10-Q for the quarter ended September 30, 2022. The Form NT 10-Q stated the delay was due to “estimates that [Provident] will report net loss of approximately $27.5 million for the quarter ended September 30, 2022, compared to net income of $5.1 million for the quarter ended September 30, 2021.”

On this news, Provident’s stock price fell $2.20, or over 21%, to close on November 16, 2022 at $7.90 on unusually high trading volume.

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/.

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GlobeNewswire Distribution ID 8728306

January 12, 2023

CORZ IMPORTANT DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Core Scientific, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important January 13 Deadline in Securities Class Action – CORZ

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Core Scientific, Inc. (NASDAQ: CORZ) between January 3, 2022 and October 26, 2022, both dates inclusive (the “Class Period”), of the important January 13, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Core Scientific 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 Core Scientific class action, go to https://rosenlegal.com/submit-form/?case_id=3932 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 January 13, 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, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) due in part to the expiration of a favorable pricing agreement, Core Scientific was experiencing increasing power costs; (2) Core Scientific’s largest customer, Gryphon, lacked the financial resources to purchase the necessary miner rigs for Core Scientific to host; (3) Core Scientific was not providing hosting services to Celsius Network LLC and related entities (“Celsius”) as required by their contract; (4) Core Scientific had implemented an improper surcharge to pass through power costs to Celsius; (5) as a result of the foregoing alleged breaches of contract, Core Scientific was reasonably likely to incur liability to defend itself against Celsius; (6) as a result of the foregoing, Core Scientific’s profitability would be adversely impacted; (7) as a result, there was likely substantial doubt as to Core Scientific’s ability to continue as a going concern; and (8) as a result, defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Core Scientific class action, go to https://rosenlegal.com/submit-form/?case_id=3932 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/.

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