July 1, 2023 – Libya News

July 1, 2023February 23, 2024

CVNA INVESTOR NEWS: ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Carvana Co. Investors With Losses to Inquire About Securities Class Action Investigation – CVNA

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Carvana Co. (NYSE: CVNA) resulting from allegations that Carvana may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Carvana securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=17341 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.

WHAT IS THIS ABOUT: On June 23, 2023, before the market opened, Forbes released an article entitled “The Untold Story of HyperSport, Carvana’s Mysterious And Scandal-Plagued Former Vendor.” The article stated, in pertinent part, that HyperSport was submitting duplicate invoices to Carvana, which were then in turn being processed. As one Carvana manager stated, “they would charge multiple times for the same repair. I know for a fact they were doing that.” The article also alleged that even though Carvana has never disclosed a relationship with HyperSport in its filings, that the two firms are linked. Specifically, it alleged that HyperSport technicians worked alongside Carvana technicians despite being underqualified. The reason for this relationship, the article alleged, was that “HyperSport was controlled by a Carvana manager or his associates- and that as a result, HyperSport was incentivized to push through duplicate invoices to Carvana and skimp on buying its own supplies.” A former Carvana employee was quoted in the article as saying “we had a feeling that someone was getting a kickback out of this. It didn’t make sense.”

On this news, the price of Carvana stock plummeted by $4.13 per share, or 16.1%, as compared to the prior close, to close at $21.41 on June 23, 2023.

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. 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.

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:

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 8867793

July 1, 2023February 23, 2024

TDS FINAL DEADLINE MONDAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Telephone and Data Systems, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 3 Deadline in Securities Class Action – TDS, TDS-PU, TDS-PV

NEW YORK, July 01, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Telephone and Data Systems, Inc. (NYSE: TDS, TDS-PU, TDS-PV) between May 6, 2022 and November 3, 2022, both dates inclusive (the “Class Period”), of the important July 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased TDS 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 TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 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 3, 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, TDS and its subsidiary, United States Cellular Corporation (“UScellular”), made false and/or misleading statements and/or failed to disclose that: (1) defendants had no reason to believe UScellular’s “free upgrade” promotional activity, which was tested and trialed during the second quarter of 2022, was effective at reducing the Company’s postpaid churn rate as they represented to investors, as opposed to merely adding new postpaid subscribers, when its churn rate was actually increasing or remaining constant over most quarters in the class period; (2) UScellular was not making progress with respect to its churn rate, as it represented to investors; (3) UScellular was not in fact balancing its promotional activity and its profitability; (4) due to extreme competition among postpaid carriers, UScellular did not have the flexibility to offset the costs from widespread, expensive promotions with price increases; and (5) as a result of the Companies’ decision for UScellular to continue engaging in heavy promotions to address its postpaid subscriber churn rate despite any lack of positive impact on churn rate, UScellular’s profitability substantially declined. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 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.

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Contact Information:

GlobeNewswire Distribution ID 8867777

July 1, 2023February 23, 2024

Humanitarian Affairs Council distributes sacrificial animals to 250 displaced and poor families in Sa’ada

The Supreme Council for the Management and Coordination of Humanitarian Affairs and International Cooperation inaugurated in Sa’ada province a project to distribute sacrificial animals to 250 of the poorest and displaced families, funded by the Kafel Development Foundation.

At the inauguration, a number of beneficiaries praised the support of Kafel Development Foundation and its contribution to bringing joy to the hearts of hundreds of poor and displaced families who were affected by the aggression and the siege.

The distribution was attended by a number of social figures .

Source: Yemen News Agency

July 1, 2023February 23, 2024

Parliament council condemns burning Qur’an copies in Sweden and calls for criminalization insulting religions

Parliament council strongly condemned the intention of the Swedish authorities to allow extremists to burn copies of the Holy Qu’ran in front of a mosque in Sweden, with the protection of the Swedish police.

In a statement issued, the Council renewed its condemnation of the Swedish authorities allowing extremists to commit these violations and racist practices that deliberately offend Muslims’ feelings and sanctities, particularly the Holy Qur’an.

The Council considered these practices a provocation to the feelings of more than one and a half billion Muslims in the world, especially on the first day of Eid al-Adha, calling on Arab, regional and international parliaments to criminalize insulting religions, sanctities and beliefs and consider it a violation of international laws, norms, human moral values and principles.

The statement stressed that freedom of expression does not mean insulting religions and beliefs, calling on Arab and Islamic countries and peoples to activate the weapon of boycotting goods and countries that allow such disgraceful acts, and to work to confront them by all available means and methods and to strengthen Arab-Islamic solidarity to confront these behaviors that threaten peace and coexistence between nations and peoples.

Source: Yemen News Agency

July 1, 2023February 23, 2024

Human Rights Ministry condemns Sweden’s permission to burn Holy Qur’an copies

The Ministry of Human Rights condemned the Swedish authorities for allowing extremists to burn copies of the Holy Qur’an, with the protection of the Swedish police.

In a statement, a copy of which was received by the Yemeni News Agency (Saba), the ministry denounced the Swedish authorities’ encouragement of extremists to commit these violations and racist practices that deliberately offend Muslims’ feelings and sanctities, foremost of which is the Holy Qur’an.

The statement considered the Swedish government’s supervision of this crime, and its approval of licensing such crimes, a dangerous escalation aimed at legitimizing acts of incitement against Muslims in Sweden.

It pointed out that this offensive and insulting act, in addition to that it constitutes a violation of the freedom of religious belief and the practice of religious rites, exposes the falsity of claims to respect the other and undermines the foundations of coexistence, dialogue and building to promote international justice and peace.

The statement also warned against provoking the feelings of Muslims, anti-Islam, and escalating hate speech against them under the pretext of supporting freedom of expression.

He pointed out that the desecration of sacred books, places of worship, or harm to them, divine laws, or religious symbols leads to incitement to violence, in addition to harming the inherent human dignity that is based on emotional dignity and peace that is based in all parts of the world on religions and beliefs.

The statement called on the United Nations, governments, organizations, institutions, and international and regional organizations to adopt an international agreement based on respect for laws and beliefs, and everything that would impose firm and deterrent measures against the planners and perpetrators of acts of violence and incitement against religions.

Source: Yemen News Agency

July 1, 2023February 23, 2024

Major General Al-Mortada and Brigadier General Saree visit Almoravids in number of locations in Jizan

The Deputy Minister of Interior, Major General Abdul Majeed Al-Murtada, and the official spokesman for the armed forces, Brigadier General Yahya Saree, visited the army heroes Almoravids in a number of locations on the Jizan front.

During the visit, they were briefed on the conditions of the Almoravids and exchanged congratulations with them on the blessed Eid Al-Adha, conveying to them the greetings of the supreme revolutionary, political and military leadership on this solemn religious occasion.

Major General Al-Mortada and Brigadier General Saree praised the steadfastness of the heroic fighters, their high morale and readiness.

They expressed their pride in the morale they sensed among the fighters in the advanced and direct lines with the enemy, which embodies their sense of responsibilities, the size and nature of the tasks assigned to them.

While the Almoravids expressed their gratitude for these visits, stressing their full readiness and readiness to perform the tasks assigned to them.

They were accompanied during the visits by the Director of Razeh Directorate, Hassan Al-Hajj, and a number of leaders.

Source: Yemen News Agency