July 2, 2023

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Viatris Inc. Investors to Secure Counsel Before Important July 14 Deadline in Securities Class Action – VTRS

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: New York, N.Y., July 1, 2023. Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Viatris Inc. (NASDAQ: VTRS) between March 1, 2021 and February 25, 2022, both dates inclusive (the “Class Period”), of the important July 14, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Viatris 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 Viatris class action, go to https://rosenlegal.com/submit-form/?case_id=16292 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 14, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Viatris was experiencing significantly more competition in its United States complex generics business than disclosed; (2) Viatris was not able to effectively manage its base business erosion or create a stable revenue base; (3) despite being one of the Company’s only growth drivers, Viatris was actively planning to divest its biosimilars business in order to secure enough cash to let it purportedly meet its phase one goals; (4) Viatris was deviating from the business model it touted through the Class Period and undertaking a significant global reshaping of its business which would undermine its ability to achieve stable revenue growth; (5) Viatris was anticipating less financial growth moving into 2022; and (6) as a result of the foregoing, Viatris’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Viatris class action, go to https://rosenlegal.com/submit-form/?case_id=16292 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 8867790

July 2, 2023

ROSEN, A LEADING LAW FIRM, Encourages GDS Holdings Limited Investors with Losses to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm – GDS

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of GDS Holdings Limited (NASDAQ: GDS) between April 12, 2021 and April 3, 2023, both dates inclusive (the “Class Period”), of the important August 21, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased GDS 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 GDS class action, go to https://rosenlegal.com/submit-form/?case_id=17143 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 August 21, 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 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/or misleading statements and/or failed to disclose, among other things, that: (1) Defendant Huang had engaged in undisclosed pre-paid forward sale contract transactions as early as May 2020; (2) this presented a risk of Defendant Huang’s ownership going below 5% of the Company’s outstanding shares; (3) if Huang’s ownership dipped below 5%, it would result in a change of control of the Company which, as the Company admitted, could result in disastrous consequences; and (4); as a result, Defendants’ statements about its 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 GDS class action, go to https://rosenlegal.com/submit-form/?case_id=17143 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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, 40^th 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 8867816

July 2, 2023

ROSEN, LEADING INVESTOR COUNSEL, Encourages Virtu Financial, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – VIRT

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Virtu Financial, Inc., (NASDAQ: VIRT) between March 1, 2019 and April 28, 2023, both dates inclusive (the “Class Period”) of the important July 18, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Virtu 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 Virtu class action, go to https://rosenlegal.com/submit-form/?case_id=16420 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 18, 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Virtu maintained deficient policies and procedures with respect to its information access barriers; (2) accordingly, Virtu had overstated the Company’s operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (3) the foregoing deficiencies increased the likelihood that Virtu would be subject to enhanced regulatory scrutiny; and (4) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Virtu class action, go to https://rosenlegal.com/submit-form/?case_id=16420 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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

GlobeNewswire Distribution ID 8867812

July 2, 2023

Fighting shakes Sudan’s Khartoum as displaced people battle disease

Fierce fighting between the forces of rival generals have shaken the Sudanese capital Khartoum as disease and malnutrition threatened the rising number of displaced.

Khartoum residents said they were shaken awake by warplanes and “violent fighting” on Sunday, between forces loyal to army chief Abdel Fattah al Burhan and the paramilitary Rapid Support Forces (RSF).

Witnesses said a police base and the state television building in the capital’s northwest were under attack by the RSF, who said they had shot down an army MiG fighter.

In central Khartoum, others saw “scores of RSF vehicles” driving towards the vicinity of “the Armoured Corps”.

“The situation is grave,” the medical charity Doctors Without Borders (MSF) said in a statement detailing the hardships of displaced Sudanese stuck in nine camps in White Nile State which borders South Sudan.

In addition to Khartoum, the worst fighting has been in the western region of Darfur where residents, as well as the United Nations, United States and others, say civilians have been targeted and killed for their ethnicity by the RSF and allied Arab militias.

The death toll is believed to be much higher than recorded, as the World Health Organization says about two-thirds of health facilities are “out of service” in combat-affected areas.

25 million in humanitarian need

Since April 15, the fighting between Burhan and his former deputy, RSF chief Dagalo, has killed nearly 3,000 people and displaced 2.2 million within the country, with another 645,000 fleeing across borders, according to the International Organization for Migration.

The conflict has smashed the country’s already fragile infrastructure, leaving residents short of water and electricity in the oppressive summer heat.

Numerous ceasefires, including some negotiated by the United States and Saudi Arabia, have failed to hold.

A record 25 million people in Sudan need humanitarian aid and protection, the UN says.

“Hundreds of thousands of people, most of them women and children”, pack camps that stretch out from the south of Khartoum all the way to the border with South Sudan, MSF said.

“There are suspected cases of measles, and malnutrition among children has become a vital health emergency.”

“From June 6 to 7 we treated 223 children with suspected measles, 72 were hospitalised and 13 have died,” MSF said.

Source: TRTworld.com

July 2, 2023

Cabinet approves Public Private Partnership draft law

The Cabinet approved the draft law on the Public Private Partnership projects for 2023.

The draft law is aligned with realizing the economic modernization vision and creating a stimulating investment environment to build partnerships with the private sector to leverage its technical expertise in establishing infrastructure and utilities projects, providing and improving services and maximizing productivity in order to promote economic growth and sustainable social development in the Kingdom.

It also aims to create an effective institutional framework and clear, simple and transparent procedures, in accordance with the principles of good governance, to qualify, select and implement projects that provide citizens with distinguished services, and achieve balance between the expected cost and the targeted benefit with maximum efficiency and effectiveness.

According to the draft law, the Ministry of Investment is the main reference point for managing the stages of partnership projects and issuing their bids in coordination with the relevant government agencies. A unit for public and private partnership projects will be established under the umbrella of the ministry, with its mandate defined during the stages of partnership projects.

The draft law seeks to provide a sustainable financing mechanism to spend on developing partnership projects and bidding for them, and to identify and manage financial commitments and their long-term impacts on the public budget, directly or indirectly, in order to ensure the development and implementation of partnership projects and monitor of the required government support.

In the meeting, chaired by Prime Minister Bisher Khasawneh on Sunday, the cabinet approved an amended regulation for the administrative organization of the Integrity and Anti-Corruption Commission (IACC) for 2023, in order to enable the IACC to carry out its tasks and duties by creating and abolishing new organizational units, in line with amendments that occurred in the amending Law of the Integrity and Anti-Corruption Law No. (5) for 2022.

In the meeting, the cabinet issued slew of decisions covering local and domestic domains.

Source: Jordan News Agency

July 2, 2023

OIC holds emergency meeting on burning copy of Holy Qur’an in Sweden

The General Secretariat of the Organization of Islamic Cooperation (OIC) held an emergency meeting to discuss actions towards the repercussions of burning a copy of the Holy Qur’an in Sweden on the first day of Eid Al-Adha.

In a keynote speech of the Saudi OIC permanent representative, Saleh bin Hamad Al-Suhaibani, expressed the KSA’s strong condemnation and denunciation of those repeated, despicable acts of burning copies of the Holy Qur’an, and called, in its capacity as President of the Islamic Summit in its current session and Chairman of the OIC Executive Committee, for taking decisive action by the international community and the OIC to prevent the recurrence of these practices that contradict with human values and moral principles.

For his part, the OIC Secretary-General, Hussein Ibrahim Taha, urged OIC member states to take a unified stance and collective measures to prevent the recurrence of incidents of desecration of copies of the Holy Qur’an and insult to our Holy Prophet Muhammad, Peace be Upon Him, stressing the need to send a clear message stating that these acts are not just ordinary Islamophobia incidents, and to remind the international community on urgently implementing international law, which clearly prohibits any advocacy of religious hatred.

Source: Jordan News Agency