July 1, 2023 – Newswire Pakistan

July 1, 2023

CVNA INVESTOR NEWS: ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Carvana Co. Investors With Losses to Inquire About Securities Class Action Investigation – CVNA

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Carvana Co. (NYSE: CVNA) resulting from allegations that Carvana may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Carvana 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=17341 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 June 23, 2023, before the market opened, Forbes released an article entitled “The Untold Story of HyperSport, Carvana’s Mysterious And Scandal-Plagued Former Vendor.” The article stated, in pertinent part, that HyperSport was submitting duplicate invoices to Carvana, which were then in turn being processed. As one Carvana manager stated, “they would charge multiple times for the same repair. I know for a fact they were doing that.” The article also alleged that even though Carvana has never disclosed a relationship with HyperSport in its filings, that the two firms are linked. Specifically, it alleged that HyperSport technicians worked alongside Carvana technicians despite being underqualified. The reason for this relationship, the article alleged, was that “HyperSport was controlled by a Carvana manager or his associates- and that as a result, HyperSport was incentivized to push through duplicate invoices to Carvana and skimp on buying its own supplies.” A former Carvana employee was quoted in the article as saying “we had a feeling that someone was getting a kickback out of this. It didn’t make sense.”

On this news, the price of Carvana stock plummeted by $4.13 per share, or 16.1%, as compared to the prior close, to close at $21.41 on June 23, 2023.

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 8867793

July 1, 2023

TDS FINAL DEADLINE MONDAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Telephone and Data Systems, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 3 Deadline in Securities Class Action – TDS, TDS-PU, TDS-PV

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Telephone and Data Systems, Inc. (NYSE: TDS, TDS-PU, TDS-PV) between May 6, 2022 and November 3, 2022, both dates inclusive (the “Class Period”), of the important July 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased TDS 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 TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 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 July 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, 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, TDS and its subsidiary, United States Cellular Corporation (“UScellular”), made false and/or misleading statements and/or failed to disclose that: (1) defendants had no reason to believe UScellular’s “free upgrade” promotional activity, which was tested and trialed during the second quarter of 2022, was effective at reducing the Company’s postpaid churn rate as they represented to investors, as opposed to merely adding new postpaid subscribers, when its churn rate was actually increasing or remaining constant over most quarters in the class period; (2) UScellular was not making progress with respect to its churn rate, as it represented to investors; (3) UScellular was not in fact balancing its promotional activity and its profitability; (4) due to extreme competition among postpaid carriers, UScellular did not have the flexibility to offset the costs from widespread, expensive promotions with price increases; and (5) as a result of the Companies’ decision for UScellular to continue engaging in heavy promotions to address its postpaid subscriber churn rate despite any lack of positive impact on churn rate, UScellular’s profitability substantially declined. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 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.

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Contact Information:

GlobeNewswire Distribution ID 8867777

July 1, 2023

Dr. Umair Ahmed Korai Delivered a Training on “Chapter Management and Succession Preparation” at IEEE International Conference on Communication 2023

Jamshoro, July 01, 2023 (PPI-OT): Dr. Umair Ahmed Korai, Assistant Professor at Department of Telecommunication Engineering, Mehran University of Engineering and Technology, Jamshoro Pakistan, was invited by IEEE Communication Society (ComSoc) to deliver a training on “Chapter Management and Succession Preparation” on May 27, 2023, at IEEE International Conference on Communication 2023 (ICC’23). This conference took place at La Nuvola Convention Center, Rome, Italy. Since he has recruited more than 220 members in IEEE ComSoc Karachi Chapter, therefore, the ComSoc officials asked him to share what activities he has performed in the chapter for boosting the membership development.

He also attended different technical sessions of IEEE ICC’23 conference. During the conference, he networked with top class researchers and exchanged visiting cards for possible future collaborations. He also met and congratulated Prof. Robert Schober, University of Erlangen-Nuremberg, Germany, for being elected as IEEE ComSoc President for the year 2024.

Dr. Umair delivered a presentation on the year 2022-23 IEEE activities taken place in different universities of Pakistan. He especially mentioned International Multi-Topic ICT Conference 2023 (IMTIC’23), IEEE Day 2021, IEEE Day 2022, Social events, membership drives, Industrial Visits, hands-on workshop on internet of things, visit to SoS village Jamshoro and many others.

For more information, contact:

Mehran University of Engineering and Technology

Jamshoro, 76062, Sindh, Pakistan

Phone: +92-22-2772250-73

Email: registrar@admin.muet.edu.pk

Website: http://www.muet.edu.pk/

July 1, 2023

Hope: West Indies ‘let ourselves down’ in Qualifier

Dubai, July 01, 2023 (PPI-OT): Hope’s side were beaten by seven wickets in Harare and remain without a point in the Super Six following group stage defeats against Zimbabwe and Netherlands which were carried forward. The loss of early wickets again proved costly for West Indies, who slipped to 30 for four and 81 for six, and slow starts were one of several issues Hope identified in the wake of their latest loss. “There is not one thing I can put my finger on,” he said. “We let ourselves down in the entire tournament. “We have to look at the way we start our innings definitely. We knew conditions would be in the bowlers’ favour and every captain would have elected to field first.

“We needed to find ways to negate the early morning movement, but we can’t look at the past, we have to look forward and find ways to get better.” Fielding has been another problem area for West Indies, who put down 10 catches in the group stage including five against Zimbabwe. Those errors continued into the Super Six and Scotland’s Brandon McMullen became the latest batter to benefit in Harare, making a vital 69 having been put down on 21 to help steer his side home.

“Fielding is an attitude thing,” Hope said. “The effort needs to remain regardless of what’s happening and I don’t think we gave 100 per cent every single time. “We did it in patches but we need to improve that. Our preparation needs to be better back home, we can’t come here and expect to be an elite team with that preparation.” West Indies had never previously been beaten by Scotland in an ODI but knew they were facing dangerous opponents, having gone down against them at last year’s ICC Men’s T20 World Cup.

They came through a nerve-wracking contest against the Scots in the 2018 ICC Men’s Cricket World Cup Qualifier but the tables were turned this time around as McMullen, who also took three wickets, and Matthew Cross (74 not out) made light work of chasing West Indies’ below-par 181. Hope and new coach Daren Sammy have plenty of work ahead but the captain is focused on finishing on a high in Zimbabwe, with matches against Oman and Sri Lanka to come as West Indies look to restore pride.

“We have to make sure we give the West Indian fans something to cheer about in what’s left,” he said. “I always believe the talent is there, no question, but we need to make sure we transfer that talent into consistent performances. “They [Scotland] played very well, credit to them, they were disciplined, and we can learn from that.”

For more information, contact:

Headquarters,

International Cricket Council (ICC)

Street 69, Dubai Sports City,

Sh Mohammed Bin Zayed Road, Dubai, UAE

Phone: +97-143828800

Fax: +97-143828600

E-mail: enquiry@icc-cricket.com

Website: www.icc-cricket.com