ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Texas Capital Bancshares, Inc. Investors to Inquire About Securities Class Action Investigation – TCBI

NEW YORK, May 20, 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 Texas Capital Bancshares, Inc. (NASDAQ: TCBI) resulting from allegations that Texas Capital may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Texas Capital 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=2747 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, 29, 2021, shares of Texas Capital stock dropped 13% on unusually heavy trading volume as prime brokers associated with now-defunct family office, Archegos Capital Management, unwound large U.S. stock positions linked to the fund.

A Bloomberg article published on November 16, 2021 detailed how Archegos built up a previously undisclosed position equal to 20% of Texas Capital prior to the margin calls that forced Archegos’ liquidation. According to the article, Texas Capital was aware of the large position held by Archegos while it raised additional capital from investors in February 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.

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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

GlobeNewswire Distribution ID 8843405

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, May 20, 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 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

GlobeNewswire Distribution ID 8843404

Creating a rift between the army and masses is an unforgivable crime

Islamabad, May 21, 2023 (PPI-OT): The businessmen of Islamabad have said that the conspiracy to create a divide between the army and the people to pave the way for conflict is an unforgivable crime. Those who tried to tarnish the reputation of the army and attacked its installations do not deserve any mercy, the said. Strict action should be taken against them so that the series of targeting national institutions for political purposes can be ended, they said.

Speaking to a hurriedly called meeting Islamabad Industrial Association (IIA) President Mohammad Ahmed, SVP Karim Aziz Malik, VP Usman Shoukat, Mian Akram Farid, Khalid Javed, Tariq Sadiq, Nasir Khan, Zakaria Usman, Mian Waqqas Masood, Mahmood Waraich, Umais Khattak, Tahir Ayub, Convener Coordinator IIA Malik Sohail Hussain and the business leaders representing different markets of including I-8, I-10, I-11 and Blue Area said that we are indebted to those who sacrificed their lives for the motherland and will not hesitate to make any sacrifice for them.

The business leaders said that they will stand by the army to thwart the evil intentions of the enemies of the country. Vandalising of the army and private property across the country was unjustified, which caused a loss of billions of rupees to the economy, while the country’s reputation was also affected, they said. IIA leaders called it an attack on the integrity of Pakistan and noted that every patriot of Pakistan is worried about these incidents. Some divisive politicians are trying to get away with these incidents despite the clear evidence, which is reprehensible, they observed.

The army has shown exemplary discipline and restraint during vandalism, but this should not be done in the future, but they should be crushed with full force, otherwise, the miscreants will be encouraged. The business leaders noted that the country’s economy can afford another MQM and country should not be pushed to a civil war in the name of democracy. Malik Sohail said that the army, with the help of the business community, should clean the country from all the selfish and self-interested politicians who are putting the integrity of the country at stake. Political stability is the pre-requisite for the strengthening of the economy and a must for the survival of the country and the current loathsome drive is actually aimed at creating chaos and uncertainty in the country.

The business community should cut off all relations with anti-state parties and stop supporting them financially. He said that Pakistan Army is a professional institution which is aware of all the responsibilities, it is capable of dealing with all kinds of challenges and the entire nation has full confidence in the abilities of Army Chief General Asim Munir and his team.

For more information, contact:

President,

Islamabad Industrial Association (IIA)

Islamabad, Pakistan

Tel: +92-333-5148181

International Nurses Day

Karachi, May 21, 2023 (PPI-OT): We’re excited to present a glimpse of an exceptional commemoration of International Nurses Day.

United in unwavering support, we honor the remarkable dedication of our incredible nurses—the true heroes of healthcare.

With boundless enthusiasm, we embraced the spirit of this special day, recognizing the selfless service of nurses and celebrating their invaluable contributions.

For more information, contact:

Ziauddin University

4/B, Shahrah-e-Ghalib, Block 6,

Clifton, Karachi, Pakistan

Tel: +92-21-35862937-9

Email: info@zu.edu.pk

Website: https://zu.edu.pk

A delegation of refugees from Occupied Kashmir called on Foreign Minister Bilawal Bhutto Zardari in Muzaffarabad

Karachi, May 21, 2023 (PPI-OT): A delegation of refugees from Occupied Jammu and Kashmir called on Chairman Pakistan People’s Party and Foreign Minister, Bilawal Bhutto Zardari in Muzaffarabad AJK. The delegation apprised of its reservations regarding G20 conference being held by India in Srinagar. The delegation also appreciated the role of Chairman Bilawal Bhutto Zardari with regard to the movement of independence of Kashmir. The delegation also informed the Foreign Minister of the brutalities by Indian forces against the refugees coming to Azad Kashmir from Indian occupied Kashmir in 1990. The delegation and the Foreign Minister also discussed the issues of resettlement of the refugees.

Mushtaq Salam, Uzair Ahmed Ghazali, Chaudhry Muhammad Mushtaq, Iqbal Yasin Awan, Ali Muhammad Butt and Chaudhry Firoz Din were included in the delegation. Chaudhry Yasin, Chaudhry Latif Akbar, Faisal Rathore, Sardar Yakub and Chaudhry Qasim Majeed, Mian Abdul Waheed, Aamir Yasin, Nabila Ayub, Aamir Ghaffar Lone, Chaudhry Pervez Ashraf, Afsar Shahid, Shaukat Javed Mir, Sardar Abid Hussain Abid, Khan Nasir Khan, Ashfaq Zafar and Mubashir Munir Awan were also present on the occasion.

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

PCB confirms appointments to men’s selection committee

Lahore, May 21, 2023 (PPI-OT): The Pakistan Cricket Board today confirmed three appointments to the national men’s selection committee, which will select senior, Shaheens and U19 sides. The new selection committee comprises Haroon Rashid (chair), Hassan Cheema (selection committee secretary and manager analytics and team strategy for national men’s side), Mickey Arthur (national men’s team’s director), and Grant Bradburn (national men’s team’s head coach).

The presence of Cheema, who has worked as strategy manager and data analyst in franchise cricket around the world, Arthur and Bradburn will aid in strategizing for the approaching and upcoming series, enhance the bench strength and provide a proper pathway to performing players in Shaheens and U19 sides to graduate to the national side.

The first task of the selection committee is to name the players for the fast and spin bowling camps next month in Lahore, which will be announced in due course.

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