June 25, 2023 – Business Observer

June 25, 2023

LYLT FINAL DEADLINE ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Alliance Data Systems Corporation n/k/a Bread Financial Holdings, Inc. Investors to Secure Counsel Before Important June 26 Deadline in Securities Class Action – LYLT, LYLTQ

NEW YORK, June 24, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Loyalty Ventures Inc. (NASDAQ: LYLT) (OTC: LYLTQ) between November 8, 2021 and June 7, 2022, both dates inclusive (the “Class Period”), of the important June 26, 2023 lead plaintiff deadline. Loyalty Ventures was created as a result of a November 2021 spinoff from Alliance Data Systems Corporation n/k/a Bread Financial Holdings, Inc., the defendant company in this case. A class action lawsuit has already been filed.

SO WHAT: If you purchased Loyalty Ventures common stock 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 Loyalty Ventures class action, go to https://rosenlegal.com/submit-form/?case_id=6803 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 June 26, 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Air Miles program suffered from a lack of investment prior to the spinoff; (2) as a result, Sobeys Inc., the second-largest supermarket chain in Canada and the second-largest sponsor in the Air Miles program, had informed defendants it was considering exercising its early termination rights; (3) the threat of Sobeys’ departure loomed throughout 2021 including in the timeframe leading up to the spinoff; (4) defendants expected the departure of any single large sponsor, such as Sobeys, would have “network effect” on the value of the entire Air Miles program; (5) the high leverage and debt service obligations foisted upon Loyalty Ventures, in conjunction with the “network effect” impact on the value of the Air Miles business, threatened the Company’s ability to continue operations; and (6) as a result, defendants’ positive statements about the Company’s financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Loyalty Ventures class action, go to https://rosenlegal.com/submit-form/?case_id=6803 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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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 8863795

June 25, 2023

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Beyond Meat, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – BYND

NEW YORK, June 24, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Beyond Meat, Inc. (NASDAQ: BYND) between May 5, 2020 and October 13, 2022, both dates inclusive (the “Class Period”), of the important July 10, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Beyond Meat common stock 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 Beyond Meat class action, go to https://rosenlegal.com/submit-form/?case_id=16090 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 10, 2023. 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Beyond Meat was unable to manufacture its meat substitutes at scale to the specifications of its business partners; (2) Beyond Meat suffered from widespread scaling issues, particularly misalignment and delayed decision-making, which led to corresponding production delays; (3) such issues were exacerbated by Beyond Meat’s disjoined production lines; and (4) these problems led some business partners to balk at the high price of Beyond Meat’s products and express doubts about the Company’s ability to produce them at commercial scale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Beyond Meat class action, go to https://rosenlegal.com/submit-form/?case_id=16090 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 8863855

June 25, 2023

Pakistan accuses India troops of killing Kashmir shepherds in truce breach

Indian troops fired without provocation across the Line of Control [LoC] separating India and Pakistan-administered Kashmir, killing two civilians and wounding another, Pakistan's military said.

The Indian troops fired indiscriminately on a group of shepherds around noon killing one of them on the spot and critically wounding two others, the military said in a statement on Saturday.

It said one of the wounded later died at a hospital.

"The Indian Army, in a display of its usual inhumane approach towards innocent Kashmiris, opened indiscriminate fire onto a group of shepherds in Sattwal Sector," the statement said.

Pakistan identified the slain shepherds as Obaid Qayyum, 22, and Muhammad Qasim, 55.

"Both shaheeds [martyrs] are residents of village Bara Dari Tetrinote, Tehsil Hajira, District Poonch," it said, adding, "Driven by a newfound geo-political patronage, Indian forces have embarked on a plan to take innocent lives to satiate their false narratives and concocted allegations."

It was another such incident since a ceasefire in 2021 between the South Asian neighbours.

The Indian army claimed in a tweet that a team of its soldiers and police intercepted three infiltrators from the Pakistani side in the Krishna Ghati sector.

It said they "engaged" the infiltrators, who were seen "falling down" near the de facto border dividing Kashmir since 1947.

The Indian army added one Indian soldier suffered a gunshot wound.

The conflicting details given by the two sides could not immediately be reconciled.

The Pakistani military said it issued a strong protest with Indian officials and said Pakistan reserves the right to respond in a manner of its choosing to protect the lives of Kashmiri people living along the LoC.

Wars over Kashmir

The scenic Himalayan region of Kashmir is divided between the two nuclear armed south Asian neighbours who have fought three wars since their independence from British colonial rule in 1947.

Two of the wars were fought over the Kashmir region.

New Delhi has struggled for decades to dampen pro-freedom sentiments in the region, which has a Muslim majority population.

Rebels have been fighting against Indian rule since 1989.

Most Muslim Kashmiris support the rebel goal that the territory be united either under Pakistani rule or as an independent country.

India has stationed more than 500,000 soldiers in the region, the highest concentration of troops anywhere in the world.

India often blames neighbouring Pakistan for supporting rebels but Islamabad denies involvement, saying it only provides moral, political and diplomatic support to Kashmiris' struggle for the right to self determination.

Most Kashmiris call it a legitimate freedom struggle.

Armies of Pakistan and India in 2019 almost came to the brink of war after Indian planes intruded Pakistan airspace in what New Delhi said was to target a rebel base.

Pakistan said it shot down two Indian warplanes. It also captured an Indian pilot Abhinandan Varthaman who was returned by then Imran Khan government to New Delhi in a goodwill gesture.

Source: TRTworld.com

June 25, 2023

Policeman Killed, Five Injured In Suicide Attack In SW Pakistan

At least one policeman was killed and five others were injured, in a suicide attack on a convoy of paramilitary Frontier Corps (FC), in Pakistan’s south-western Balochistan province yesterday, police officials said.

A female suicide bomber blew herself up, on the Commissioner Road in Turbat district of the province, killing at least one cop and wounding five others, including three policemen and two personnel of paramilitary troops, Deputy Commissioner, Bashir Ahmad, told the media.

The target of the suicide attack was paramilitary troops, but a police vehicle escorting the FC convoy got a major impact of the explosion, he said, adding that, a female police officer was also among the injured.

After the blast, security forces, rescue teams and a bomb disposal squad rushed to the site and shifted the injured to a nearby hospital. Security forces cordoned off the area, while further investigation is underway.

No group or individual has claimed responsibility for the attack yet.

Chief Minister of Balochistan, Mir Abdul Quddus Bizenjo, condemned the blast and extended his condolences to the victims’ families.

“The aim of terrorism is to halt the development process and intimidate the security forces. The evil intentions of terrorists will never be successful, and the determination and courage of the security forces would not be dented by such acts,” the chief minister said

Source: Nam News Network

June 25, 2023

Pakistani Man Wins Rs. 7.8 Crore With Weekly Draw in UAE

In its 134th edition, Mahzooz, the UAE’s top weekly draw with the biggest and most frequent pay-outs, crowned its 49th millionaire and saw 912 participants take home AED 1,424,750 in prize money.

As part of Mahzooz’s revamped prize structure, where one lucky participant becomes a guaranteed millionaire every week, the 134th draws awarded Abdul from Pakistan, holding the raffle ID number 35424427, the guaranteed raffle prize of AED 1,000,000. A simple AED to PKR conversion shows Abdul won an astounding amount of just over Rs. 78 million.

While the top prize of AED 20,000,000 went unclaimed this week, 12 participants matched four out of the following five numbers 1, 4, 5, 30, and 48, and shared the second prize of AED 200,000, earning AED 16,666.66 each. 899 other winners matched three out of five numbers and received AED 250 each.

While the new prizes have become bolder and better, the rules of participation remain the same and will now be exclusively offered through the Saturday Mahzooz draw, held live at 9:00 pm. For only AED 35, participants can purchase a bottle of Mahzooz water, and enter the weekly draw consisting of the Grand Draw, for a chance to win the new top prize of AED 20,000,000 and the new weekly Raffle Draw, which will grant AED 1,000,000 every week to a guaranteed millionaire-to-be.

Mahzooz means ‘lucky’ in Arabic and is the UAE’s favorite draw that offers participants a life-changing opportunity to win millions every week. Mahzooz is dedicated to making people’s dreams come true and giving back to the community.

Source: Pro Pakistani

June 25, 2023

Pakistani Athletes Continue to Bag Medals at Special Olympics

Pakistan’s gold medal tally has clocked nine after Mohammad Luqman and Habibullah won gold medals in Special World Games.

Pakistan’s athletes have continued to deliver outstanding performances at the Special World Games, earning a remarkable total of nine gold medals. The event, dedicated to celebrating the achievements of athletes with intellectual disabilities, witnessed impressive displays of skill and determination from the Pakistani contingent.

In the 100-meter race, Muhammad Luqman showcased exceptional speed and agility, securing a gold medal with an impressive completion time of 15.21 seconds. Demonstrating versatility, Luqman also clinched a silver medal in the long jump event.

Furthermore, powerlifter Habibullah emerged as a standout performer, winning a gold medal in the 83-kilogram weight category for the deadlift. He impressed with silver medals in the squat, bench press, and combined weightlifting.

In the 3000-meter race, Mir Waiz displayed remarkable endurance, securing a silver medal with a completion time of 10 minutes and 11 seconds.

Pakistan’s success extended to other disciplines as well. Hasan Patel claimed a bronze medal in the 50-meter freestyle swimming event, clocking in at 1 minute and 03.93 seconds.

Moreover, Saadia Junaid excelled in the women’s singles tennis event, securing a silver medal, while Pakistan’s field hockey mixed team earned a bronze medal. The basketball event saw Pakistan Unified Men triumph over Pakistan Unified Mix, securing another bronze medal.

Pakistan’s outstanding performance in the Special World Games serves as an inspiration for differently-challenged players as well as a source of national pride.

Source: Pro Pakistani