ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Barclays PLC Investors to Secure Counsel Before Important Deadline in Securities Class Action – BCS

NEW YORK, Oct. 18, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Barclays PLC (NYSE: BCS) between February 18, 2021 and March 25, 2022, both dates inclusive (the “Class Period”), of the important November 22, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Barclays 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 Barclays class action, go to https://rosenlegal.com/submit-form/?case_id=8877 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 November 22, 2022. 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 materially false and misleading statements or omitted material information: (1) in Barclays reported financial statements (which have been restated); (2) by stating that Barclays internal controls over financial reporting were effective (which Barclays has admitted were not effective and had a material weakness); and (3) by failing to disclose the over-issuance, and that Barclays Bank PLC (“BBPLC”), a wholly owned subsidiary of Barclays, was violating U.S. securities laws and/or SEC regulations, subjecting Barclays to legal liability. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Barclays class action, go to https://rosenlegal.com/submit-form/?case_id=8877 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.

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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
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cases@rosenlegal.com
www.rosenlegal.com

PAKISTAN RAILWAYS POLICE DELEGATION VISITS PITB

A delegation from Pakistan Railways (PR) Police visited PITB to get acquainted with the smart policing IT interventions rolled out by PITB. PITB IT-Operations Senior Program Manager Rai Rashid briefed the attendees over the key initiatives under the umbrella of ‘Crime Analytics and Smart Policing in Pakistan (CASPP).’ These key projects are Police Stations Record Management Systems (PSRMS), Human Resource Management Information System (HRMIS) and Criminal Record Office (CRO).

The delegation visited the PITB Data Center where they were apprised about the safety, security, and reliability of the infrastructure. PR Senior Superintendent Police (SSP) Muhammad Maaz Zafar PSP discussed areas of collaboration for the automation of the Pakistan Railways Police department with latest software and solutions to curb the crime.

Source: Punjab Information Technology Board

252nd Corps Commanders’ Conference was held at GHQ.

252nd Corps Commanders’ Conference was held at GHQ. General Qamar Javed Bajwa, Chief of Army Staff (COAS) presided.

Participants took a comprehensive review of prevailing internal and external security situation and operational preparedness of the Army. Forum was apprised on army’s assistance to civil administration for relief and rehabilitation efforts in flood affected areas and post flood situation particularly in Sindh and Balochistan.

While expressing satisfaction over operational preparedness of the formations, COAS reiterated Pakistan Army’s resolve to defend the motherland against all threats.

Forum reposed full confidence in Pakistan’s robust nuclear command and control structure and security arrangements related to country’s strategic assets. As a responsible nuclear weapon state, Pakistan has taken all measures necessary to strengthen its nuclear security regime, at par with international best practices, forum was informed.

COAS lauded formations’ operational readiness and sustained efforts during flood relief duties.

Source: ISPR

Coalition partners brush aside Imran’s ultimatum for snap polls

The coalition government has categorically rejected the demand of Chairman Pakistan Tehreek-e-Insaf Imran Khan for early elections in the country.

In a joint statement, the government’s allied parties said no group on the basis of its power will be allowed to impose its will.

The statement said those who will take law into their hands will be dealt with according to the constitution and law.

The allied parties said Prime Minister Shehbaz Sharif will take the decision about the appointment of army chief as per law and the constitution, without accepting any dictation and threats from the foreign funded anarchist.

The coalition partners said targeting the army chief, leadership of intelligence agencies, Chief Election Commissioner and others is blackmailing and part of a conspiracy which will not be not allowed to succeed.

They said the dirty campaign against the martyrs of Pakistan army, statements about mutiny in the army and instigation, are the steps akin to animosity against the country and will be dealt with according to the constitution and law.

Source: Radio Pakistan

Pakistan considers CPC 20th Congress important one in life of Chinese national ethos

The Communist Party of China’s historic 20th National Congress is regarded by Pakistan as a pivotal moment in the development and trajectory of Chinese nationalism. China is taking the lead in advancing the vision to steer the country’s future in the direction of the ideals of the past. China has backed Pakistan and is seen as a true all-weather ally that embodies iron brotherhood. Not only has CPEC changed the game for Pakistan, but it has also given the country’s people a huge foundation upon which to construct their futures. As the future of economic, trade, bilateral, and multilateral cooperation will be discussed at the Communist Party of China’s 20th National Congress, it is important for Pakistan.

Pakistan considers the historic 20th National Congress of the Communist Party of China (CPC) an important event in the life and history of the Chinese national ethos. Amidst the global and regional challenges, and the rise of threats of global climate change, food, and energy security crisis, China is leading the vision to foster forward the ideals of the forefathers to set the national course in days to come, according to an article published by Gwadar Pro on Monday.

The historic Congress began on October 16, participating by representatives from all over China to share their wishes, aspirations, and insights for making the destiny of their country for the next five years. It is expected that the 20th Congress will discuss the progress made since the 19th Congress and review the past decade of the new era. The discussion will likely be around the context of building strength to deal with emerging regional and global challenges. Before the 20th Congress, several other essential decision-making meetings happened that created the pathway for the 20th Congress to be productive and based on the wishes and aspirations of the people. Important decisions are expected to be made in this congress, especially related to the leadership, structures of CPC, governance matters, foreign policy matters, regional and international challenges, and how China should take specific positions on the issues that impact the people of the country. For the reform and opening-up period, China has chosen a steady path that is progress and development-oriented. China never interfered in any other state matters and has never used force against other countries. The only strategy that China has used for constructive engagement with other countries was to share the development, progress, and technology to help countries uplift their lives. The CPC leadership has ensured that this path of development progress should be maintained.

Pakistan is one of the largest beneficiaries of China’s development and progress. Ever since its policy of opening-up and the subsequent ventures like the Belt and Road Initiative (BRI) and its most active China-Pakistan Economic Corridor (CPEC) and now the Global Development Initiative (GDI) and Global Security Initiative (GSI), China has remained on an upward trajectory in the context of bilateral as well multilateral collaboration for mutual benefit with many countries. China has supported Pakistan and is genuinely considered an all-weather friend with the essence of iron brotherhood. The upcoming 20th National Congress of the Communist Party of China is also crucial for Pakistan since the discussion will be around the future course of economic, trade, bilateral, and multilateral cooperation.

The new dimension of the period of development cooperation with Pakistan will be impacted. CPEC is in the second critical phase, where industrial collaboration is ongoing with social and economic impacts. The upcoming congress might also consider ways to deepen cooperation with Pakistan and the regional countries. CPEC has not only remained a game changer for Pakistan but has created an immense lifeline for the people of Pakistan to build their lives on. China has always remained an essential cornerstone of Pakistan’s foreign policy, and the engagement has remained phenomenal. China has supported Pakistan in tackling COVID-19, the recent floods, and so on. With resilience, determination and steadfastness, China has achieved its goals through systematic ways to make progress and development. Through these meetings and five years plans, China has achieved its impetus to build socialism with Chinese characteristics. As a leading member of the global community, China is standing tall in its resolve to build peace, progress, and a shared future with equal economic opportunities for all including Pakistan, the article added.

Source: China-Pakistan Economic

President lauds engineers’ role in country’s development

President Dr Arif Alvi has lauded the role of engineers in development of the country especially in building stronger infrastructures.

Addressing the Engineers’ Excellence Awards 2020 in Islamabad on Tuesday, he underscored the need for utilizing engineers’ expertise in the field of agriculture.

The President emphasized that by imparting modern and innovative skills to our youth we could fill the resource and talent gap in important sectors which would put the country on fast-tracked development and progress.

He said that our educational institutions should rise to the occasion and increase their capacity to provide world-class knowledge and skills to their students so that they could compete at the international job market.

The President underlined the need to equip young engineers with emerging ICT tools for handling data and information.

He also underscored the need for engaging fresh engineers through training and hands-on exposure to their profession.

He also lauded the scientists and engineers of Pakistan for developing nuclear deterrence for the country.

Source: Ministry of Information and broadcasting