October 26, 2022 – Page 3 – Business Observer

October 26, 2022

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Opendoor Technologies Inc. f/k/a Social Capital Hedosophia Holdings Corp. II Investors to Secure Counsel Before Important Deadline in Securities Class Action – OPEN

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers and acquirers of the securities of Opendoor Technologies Inc. f/k/a Social Capital Hedosophia Holdings Corp. II (NASDAQ: OPEN): (i) between December 21, 2020 and September 16, 2022, both dates inclusive (the “Class Period”); and/or (ii) pursuant and/or traceable to the offering documents issued in connection with the business combination between the Social Capital Hedosophia Holdings Corp. II and Opendoor Labs Inc. completed on or about December 18, 2020 (the “Merger”) of the important December 6, 2022 lead plaintiff deadline.

SO WHAT: If you acquired Opendoor securities 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 Opendoor class action, go to https://rosenlegal.com/submit-form/?case_id=9133 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 December 6, 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, the offering documents for the Merger were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, according to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the offering documents and defendants made false and/or misleading statements and/or failed to disclose that: (1) the algorithm (“Algorithm”) Opendoor used to make offers for homes could not accurately adjust to changing house prices across different market conditions and economic cycles; (2) as a result, Opendoor was at an increased risk of sustaining significant and repeated losses due to residential real estate pricing fluctuations; (3) accordingly, defendants overstated the purported benefits and competitive advantages of the Algorithm; and (4) as a result, the offering documents and defendants’ public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Opendoor class action, go to https://rosenlegal.com/submit-form/?case_id=9133 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.

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 8682177

October 26, 2022

LTCH MONDAY DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Latch, Inc. Investors With Losses to Secure Counsel Before Important October 31 Deadline in Securities Class Action – LTCH, LTCHW

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Latch, Inc. (NASDAQ: LTCH, LTCHW) between May 13, 2021 and August 25, 2022, both dates inclusive (the “Class Period”), of the important October 31, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Latch 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 Latch class action, go to https://rosenlegal.com/submit-form/?case_id=8369 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 October 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about Latch business operations and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) there were unreported sales arrangements related to hardware devices; (2) as a result, Latch had improperly recognized revenue throughout fiscal 2021 and first quarter 2022; (3) there were material weaknesses in Latch’s internal control over financial reporting related to revenue recognition; (4) as a result of the foregoing, Latch would restate financial statements for fiscal 2021 and first quarter 2022; and (5) as a result of the foregoing, defendants’ positive statements about Latch’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Latch class action, go to https://rosenlegal.com/submit-form/?case_id=8369 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.

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:

GlobeNewswire Distribution ID 8682185

October 26, 2022

Cases of Donkeys Being Abused and Burnt Alive on the Rise in Karachi

Just a day after Bear, the donkey, died in Karachi last week after being force-fed acid, the Ayesha Chundrigar Foundation (ACF) rescued another brutally tortured donkey on Saturday.

Named Carlos, the donkey is believed to have been burnt either by fire or acid, with burn marks all over its face, ears, back, belly, and tail, and could barely open its eyes because of the pain.

The ACF wrote in an Instagram post:

Somebody either set this donkey on fire or threw acid on him because his entire body has been burnt in the most unimaginable way.

It mentioned that the side of Carlos’ face was “completely charred” and added, “He’s also been severely beaten because he flinches if any human even slightly moves their hand”.

Carlos was allowed to rest and eat, and the ACF mentioned that he was skin and bones.

It said, “The moment we cleaned up the dirt on his body, we saw the extent of damage on his body. Majority of his body is burnt. His tail. His back. His front. His face”.

Sharing the details of its treatment and his response to them, the ACF wrote, “Treatment was completed with painkillers and dressing. The good thing is that Carlos immediately started eating after the painkillers kicked in”.

People are appalled at the senseless abuse that the poor animal endured, and the mindset behind it. Despite a series of protests by animal welfare organizations and animal lovers in the major cities of Pakistan this summer, which called for the government and concerned authorities to expedite the protection of animals, there seems to be no action and no hope for them.

Salman Sufi, the Head of the Prime Ministers Strategic Reforms Unit, had introduced several animal protection reforms (including a much-hyped but defunct animal abuse helpline) for Islamabad in June and had stated that they would soon be extended to the provinces with the help of the Ministry of Climate Change. However, this appears only to be a distant dream. Meanwhile, animals have a bleak future as rampant animal abuse continues unchecked across the country.

Source: Pro Pakistan

October 26, 2022

Russia Looking to Increase Rice Imports from Pakistan

A Russian delegation Wednesday told Federal Minister for National Food Security Tariq Bashir Cheema that Russia is looking to increase rice imports from Pakistan.

The delegation comprising representatives of Prodintorg, a state-owned Russian company, Agriculture Attaché Aleksei Kudriavtsev, and Attaché Russian Embassy met the minister at his office and discussed prospects of cooperation and partnership in the agriculture sector.

Prodintorg’s Yousuf Asif said that Pakistan and Russia can mutually benefit from enhancing trade cooperation in agriculture. He noted Russia is one the largest global exporters of wheat and can help Pakistan to meet the local demand of wheat under the government-to-government (G2G) framework.

The delegation also offered an opportunity of wheat import for Pakistan in the form of barter trade while exchanging food basket commodities.

Asif mentioned that Russia is increasing the number of authorized exporters of rice to Russia in Pakistan to increase rice imports from Pakistan as Pakistani rice is of good quality. He also showed a willingness to import potatoes from Pakistan.

At the outset, the minister welcomed the delegation and said that the agriculture sector has suffered colossal losses because of the recent rains and floods. He stressed that the international community should help Pakistan in the rehabilitation and recovery phase. He added that his government is making every effort to support the affected farmer community.

Agriculture Attaché of Russia hoped that mutually beneficial cooperation in agriculture will help to ensure food security in both countries.

Source: Pro Pakistan

October 26, 2022

Saudi Crown Prince orders release of Pakistanis jailed for Masjid-e-Nabwi sacrilege

Saudi Crown Prince Mohammad Bin Salman, on the request of Prime Minister Shehbaz Sharif, has ordered to release all Pakistanis detained on charges of desecration of Masjid-e-Nabvi (SAWW).

According to the Prime Minister Office, Shehbaz Sharif requested the Saudi Crown Prince to release those Pakistani citizens imprisoned in connection with an incident of violating the sanctity of Prophet's Mosque in April this year.

The Prime Minister thanked the Saudi Crown Prince for this act of kindness.

It is pertinent to mention that a Madina-based court had sentenced six Pakistani citizens. Three of them were awarded imprisonment of eight years while three others were given sentence for six years.

Khawaja Luqman, Muhammad Afzal, and Ghulam Muhammad were handed down eight years imprisonment, while Anas, Arshad and Muhammad Saleem were given six years' jail.

Besides, another Pakistani named Tahir Malik was sentenced three-year imprisonment and a fine of 10,000 Saudi Riyals.

Prime Minister Shehbaz Sharif has left for home after completing his two-day visit to Saudi Arabia.

Source: Radio Pakistan

October 26, 2022

Indian troops martyr one more Kashmiri youth in IIOJK

Indian troops in their fresh act of state terrorism today martyred one more Kashmiri youth in Indian Illegally Occupied Jammu and Kashmir (IIOJK).

The troops martyred the youth in a fake encounter during a continued military operation in Sudpora area of Kupwara district.

Source: Pro Pakistan