Pakistan – Page 3 – Emirates Press

May 1, 2024

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Luna Innovations Incorporated Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – LUNA

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Luna Innovations Incorporated (NASDAQ: LUNA) between August 11, 2023 and March 25, 2024, both dates inclusive (the “Class Period”), of the important May 31, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Luna Innovations 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 Luna Innovations class action, go to https://rosenlegal.com/submit-form/?case_id=23678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 May 31, 2024. 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 materially false and/or misleading statements and/or failed to disclose that: (1) Luna Innovations’ financial statements from August 10, 2023 to the present included false figures as a result of improper revenue recognition; (2) as a result, Luna Innovations would need to restate its previously filed financial statements from August 10, 2023 to November 14, 2023; (3) Luna Innovations lacked adequate internal controls; 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 times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Luna Innovations class action, go to https://rosenlegal.com/submit-form/?case_id=23678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109393

May 1, 2024

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Innoviz Technologies Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – INVZ, INVZW

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Innoviz Technologies Ltd. (NASDAQ: INVZ, INVZW) between April 21, 2021 and February 28, 2023, both dates inclusive (the “Class Period”), of the important May 14, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Innoviz 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 Innoviz class action, go to https://rosenlegal.com/submit-form/?case_id=23435 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 May 14, 2024. 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 made false and/or misleading statements and/or failed to disclose that: (1) Innoviz had overstated the benefits that Innoviz was likely to derive from its purported contracts, partnerships, and/or collaborations with automotive companies; (2) as a result, Innoviz was unlikely to achieve the level of profitability that defendants had represented to investors; (3) accordingly, Innoviz had overstated its business and/or financial prospects; and (4) as a result, Innoviz’s 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 Innoviz class action, go to https://rosenlegal.com/submit-form/?case_id=23435 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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.

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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109353

May 1, 2024

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Lincoln National Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – LNC

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Lincoln National Corporation (NYSE: LNC) between November 4, 2020 and November 2, 2022, both dates inclusive (the “Class Period”). 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 24, 2024.

SO WHAT: If you purchased Lincoln National 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 Lincoln National class action, go to https://rosenlegal.com/submit-form/?case_id=24462 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 24, 2024. 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. 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, as well as failed to disclose material adverse facts about Lincoln National’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Lincoln National was experiencing a decline in its variable universal life insurance business; (2) as a result, the goodwill associated with the life insurance business was overstated; (3) as a result, Lincoln National’s policy lapse assumptions were outdated; (4) as a result, Lincoln National’s reserves were overstated; (5) as a result, Lincoln National’s reported financial results and financial statements were misstated; and (6) as a result of the foregoing, defendants’ positive statements about Lincoln National’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 Lincoln National class action, go to https://rosenlegal.com/submit-form/?case_id=24462 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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.

——————————–

Contact Information:

GlobeNewswire Distribution ID 9109343

May 1, 2024

IRBT DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages iRobot Corporation Investors With Losses in Excess of $100K to Secure Counsel Before Important May 7 Deadline in Securities Class Action – IRBT

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iRobot Corporation (NASDAQ: IRBT) between August 5, 2022 and January 26, 2024, both dates inclusive (the “Class Period”), of the important May 7, 2024 lead plaintiff deadline.

SO WHAT: If you purchased iRobot 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 iRobot class action, go to https://rosenlegal.com/submit-form/?case_id=23275 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 May 7, 2024. 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 made false and/or misleading statements and/or failed to disclose that: (1) the Merger, Amazon.com, Inc.’s (“Amazon”) acquiring of iRobot, would place Amazon in a sufficiently dominant position in the market for robot vacuum cleaners (“RVCs”) that U.S. and European antitrust regulators were unlikely to approve the Merger; (2) iRobot had conducted inadequate due diligence into the Merger and/or ignored significant risks weighing against the likelihood of regulatory approval; (3) as a result of all the foregoing, iRobot overstated the likelihood for successfully completing the Merger; and (4) as a result, iRobot’s 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 iRobot class action, go to https://rosenlegal.com/submit-form/?case_id=23275 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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.

Contact Information:

GlobeNewswire Distribution ID 9109323

April 30, 2024

Park Place Technologies Acquires Unitech’s Third Party Maintenance Services

Deal forms one of Brazil’s largest TPM providers.

CLEVELAND, OH, April 30, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, a leading global provider of data center and networking optimization solutions, has acquired Unitech’s third-party maintenance (TPM) business. The acquisition strengthens Park Place’s position as one of Brazil’s largest TPM providers, expanding its reach in the world’s fifth-largest country.

Combined Expertise for Enhanced Customer Service

Unitech, founded in 1989, has a long-standing reputation for serving a diverse client base, including major financial institutions, telecommunication and utility companies. Park Place’s global expertise will greatly amplify Unitech’s established presence in the Brazil market.

“Unitech and Park Place serve clients with the same core values. We both operate with a responsive, client-first approach, and communicate with clarity and transparency. We share customer service strategies, and have a native understanding of the Brazil TPM market,” said Unitech owner Ramon Hasky.

Hasky said Unitech’s long-term partnership with Park Place, “gives us confidence in how our clients will now be served. Park Place is a global company with a strong Latin American presence that offers more scale and an innovative IT lifecycle portfolio. Our customers will benefit from these added Managed Services and Professional Services offerings.”

Park Place, now one of Brazil’s furthest-reaching TPMs, will add nearly 20,000 Unitech assets to its already robust service legacy in Brazil.

“We are taking the hard-earned credibility of Unitech’s 30-plus years and leveraging our passion for client services with Park Place’s global resources,” said Unitech’s CEO, Claudio Miranda. “Unitech’s legacy now has an exciting new chapter; our people and our clients are in good hands with Park Place.”

Unitech will continue to independently operate its Hardware, Software and related Professional Services sales.

“Park Place operates in Brazil primarily in markets with a history of great relevance and positive expectations, particularly in the management, maintenance, and support of mission-critical hardware,” Luiz Fernando Monteiro, IDC Senior Market Analyst, IT Services, Brazil, said. “It is an operation focused on service lines that account for about 19% of the total service market in the country. These are essential services, especially in a world of IT distributed across internal infrastructures, own and third-party Data Centers, public and private clouds, with a demand for very high availability and resilience for the continuity of operations of companies across the entire Brazilian market.”

Roy Illsley, Chief Analyst for Omdia, said Omdia’s research shows that Brazil is a rapidly growing market for the data center business. “In fact, São Paulo accounts for 85% of new Data Center building in the country,” he said. “However, the current Data Center market in Brazil is mostly small sized Data Centers that are distributed between the major cities. Brazil, represents an ideal market for a vendor like Park Place as the growth in data centers will need skills to ensure they can operate efficiently and effectively, and technology vendors with services and solutions are a perfect fit.”

Chris Adams, Park Place Technologies President and CEO, said the company’s history of investing in people and resources globally will continue.

“We are committed to delivering a great experience to all our customers worldwide,” he said. “We will continue to acquire companies like Unitech that bring a talented workforce and unique capabilities driven by an unparalleled customer experience to our international partners.”

A video statement from Unitech is available here.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. We help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance, Park Place Professional Services, ParkView Managed Services, Entuity Software and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Attachment

Park Place Technologies Headquarters

Michael Miller
Park Place Technologies
8777788707
mmiller@parkplacetech.com

GlobeNewswire Distribution ID 9108141

April 30, 2024

One Za’abeel launches The Offices, Dual Licensed Office Space in One Za’abeel Tower

DUBAI, United Arab Emirates, April 30, 2024 (GLOBE NEWSWIRE) — One Za’abeel, the iconic mixed-use development developed by ICD (Investment Corporation of Dubai), is pleased to announce the launch of The Offices, its ultra-luxurious dual licensed corporate office spaces in One Za’abeel Tower. The Grade-A offices are set to become Dubai’s ultimate business address, attracting global and local organisations alike with its unique dual licensing for both Dubai World Trade Centre Free Zone (DWTC FZ) registered companies and those registered under the mainland.

One Za’abeel is comprised of two skyscrapers, One Za’abeel Tower and One Za’abeel The Residences, which are dissected by The Link, a 230m cantilevered building suspended 100 meters above the ground. The unique shape of the mixed-use development, coupled with its strategic location, garnered it the nickname “The Gateway to Dubai’s Central Business District.”

The Offices occupy 17 levels in One Za’abeel Tower and cover a total area of 280,000 sq ft.
Built with sustainability in mind, the development demonstrates exemplary environmental efficiency and sustainability standards and achieved LEED Gold certification in December 2023.

Characterised as smart offices, The Offices has incorporated smart technologies to provide automation and energy optimisation of all electrical, lighting, air conditioning, and ventilation systems. This allows for energy usage to be regulated, while simultaneously maintaining comfortable indoor temperatures and offering features such as floor to ceiling windows which provide an abundance of natural light and unobstructed views of the city. One Za’abeel is currently in the process of obtaining WiredScore and SmartScore certifications.

The Offices prime location within the mixed-use development allows ease of access to all of One Za’abeel’s offerings. Tenants can invite their guests to a meal at any of the many Michelin inspired restaurants in The Link, hold meetings or events at the conferencing facilities within the One&Only One Za’abeel resort, invite their guests to stay the resort or the unique fitness and recovery SIRO hotel, or simply meet at the shops and F&B on the retail podium.

Beyond the ecosystem of offerings at the development, additional distinguished services and advanced facilities at The Offices include 24/7 dedicated concierge and security services, 7 levels of basement and smart parking, valet services, and proximity to public transport.

Issam Galadari, Director of One Za’abeel Holdings commented: “We believe business success is accelerated with the right location, and hence we are pleased to launch The Offices at One Za’abeel Tower. Situated in the heart Dubai, this will undoubtedly become the ultimate business address for businesses and investors, offering luxurious, spacious, and connected offices with access to retail facilities, world-renowned hotels, and fine dining experiences only an elevator ride away. We look forward to welcoming innovative companies to The Offices and seeing them thrive as they utilise all that One Za’abeel has to offer.”

For further updates about One Za’abeel The Offices, kindly visit onezaabeel.com

A Media Snippet accompanying this announcement is available by clicking on this link

pressenquiries@sabaconsultants.ae

GlobeNewswire Distribution ID 1000947679