Day: October 12, 2023

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Sourabh Chandrakar Vehemently Denies Accusation in the Mahadev App Scam

Sourabh Chandrakar urges media outlets to rectify the prevailing narrative and is offering complete cooperation to ensure justice is served

DELHI, India, Oct. 12, 2023 (GLOBE NEWSWIRE) — Mr. Sourabh Chandrakar, who has recently faced grave accusations related to the Mahadev Application, strongly asserts that he has no involvement whatsoever in the alleged financial fraud scheme. He deeply regrets being wrongly implicated and depicted as the orchestrator behind this operation.

He firmly states that these allegations lack any foundation and are an effort to smear the good standing of an upstanding citizen. He emphasizes that enjoying a comfortable lifestyle should not be misconstrued as evidence of his engagement in unlawful activities.

The individuals urge all media outlets to consider these facts, rectify the prevailing narrative, and direct resources toward the actual wrongdoers. He is committed to offering his complete cooperation to the authorities to ensure justice is served and the truth prevails untarnished. He urges a fair and unbiased investigation into the matter, emphasizing his commitment to cooperating fully to bring the actual perpetrators to justice.

About Sourabh Chandrakar

In India, Saurabh Chandrakar’s business “Juice Factory” has 25 branches all over Bhilai, Chhattisgarh.

He hails from a humble background and has been running various FMCG, construction, sub-contracting and development-related businesses in the Middle East along with various partners and brands.

His entrepreneurial stint in the Middle East is ‘Empire One Global Real Estate’ wherein he enjoys the position of Co-Managing Director. Both Mr. Uppal and Mr. Chandrakar have been creating value beyond real estate for their clients based out of the Middle East and globally.

*Source: NewsBeatWire

Contacts:
Saurabh Chandrakar
00447723436941

GlobeNewswire Distribution ID 1000843938

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Deriv Embarks on a Purpose-Driven CSR Journey

The fintech company amplifies its commitment to social and environmental causes.

Stepping forward: Deriv’s pioneering CSR initiative with Ellie

Deriv team members gather at an elephant sanctuary in Malaysia, championing CSR by sponsoring a prosthetic limb for Malaysia’s youngest elephant amputee.

CYBERJAYA, Malaysia, Oct. 12, 2023 (GLOBE NEWSWIRE) — Deriv, a leading online trading company with a global presence spanning 20 offices, is strengthening its commitment to Corporate Social Responsibility (CSR). Through its CSR programme ‘Deriv Life’, the company is dedicated to making a real difference in society and the environment, driven by its collective sense of purpose.

In its commitment to Corporate Social Responsibility (CSR), Deriv recently sponsored a prosthetic limb for Malaysia’s youngest elephant amputee. Seema Hallon, Chief Human Resources Officer at Deriv, emphasised, “Our approach to CSR goes beyond financial contributions. It’s woven into who we are as an organisation. We envision Deriv Life as a platform for championing causes that resonate with our values and the personal beliefs of every member of the Deriv family. It’s about collective action, making a real difference.”

Over the past year, Deriv has embarked on various impactful initiatives, including sponsoring a team in the 4L Trophy rally, which raised funds and provided essential school supplies to underprivileged children in Morocco. These initiatives reflect Deriv’s unwavering commitment to CSR as an integral part of its identity and purpose.

In collaboration with a Malaysian prosthetics firm, Deriv engineered a state-of-the-art artificial leg for Ellie, a 7-year-old elephant who lost her front leg at the age of one. Crafted with precision from durable carbon fibre and featuring a robust ethylene vinyl acetate (EVA) base, this innovative prosthetic not only supports Ellie’s considerable weight but also significantly enhances her natural gait. Designer Yarham Hadeng remarked, “Deriv’s sponsorship made this vital upgrade possible, and we’re proud to be part of Ellie’s remarkable journey to recovery.”

Deriv’s dedicated workforce is actively engaged in expanding CSR efforts across the company’s global offices, with a specific focus on addressing local needs and fostering positive social and environmental impacts. The company recognises that effective CSR is an ongoing and evolving journey, mirroring Deriv’s own path of innovation and growth. In the words of Jean-Yves Sireau, Deriv CEO, “CSR at Deriv represents a long-term commitment to social responsibility and global betterment. Our aim is to drive sustainable change as we progress forward, guided by our shared purpose.”

To learn more, visit Deriv Life and the company website.

About Deriv

For over two decades, Deriv has been committed to making online trading accessible to anyone, anywhere. The company offers an expansive range of trade types and boasts over 200 assets across markets like forex, stocks, and cryptocurrencies on its intuitive trading platforms. With a workforce of more than 1,300 people globally, Deriv has cultivated an environment that focuses on employee well-being, celebrates achievements, and encourages professional growth.

PRESS CONTACT
Aleksandra Zuzic
aleksandra@deriv.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a40cd3ce-5dd6-4d26-9d99-b39780c614f8

GlobeNewswire Distribution ID 1000843796

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A Deriv embarca numa jornada de Responsabilidade Social Empresarial (RSE)

A empresa de fintech reforça o seu compromisso com causas sociais e ambientais.

Um passo em frente: A iniciativa pioneira de RSE da Deriv com a Ellie

Membros da equipa da Deriv reuniram-se num santuário de elefantes na Malásia, para promover a RSE através do patrocínio de uma prótese para a mais jovem elefanta amputada da Malásia.

CYBERJAYA, Malásia, Oct. 12, 2023 (GLOBE NEWSWIRE) — A Deriv, uma empresa líder de negociação online com presença global em 20 escritórios, está a fortalecer o seu compromisso com a Responsabilidade Social Empresarial (RSE). Através do seu programa de RSE “Deriv Life”, a empresa dedica-se a fazer a diferença na sociedade e no ambiente, impulsionada pelo seu sentido coletivo de propósito.

No seu compromisso com a Responsabilidade Social Empresarial (RSE), a Deriv patrocinou recentemente uma prótese para a mais jovem elefanta amputada da Malásia. Seema Hallon, Chefe de Recursos Humanos da Deriv, salientou: “A nossa abordagem à RSE vai para além das contribuições financeiras. Está enraizado no que somos enquanto organização. Idealizamos a Deriv Life como uma plataforma para defender causas que refletem os nossos valores e as crenças pessoais de cada membro da família Deriv. Consiste numa ação colectiva, que faz uma verdadeira diferença”.

Ao longo do último ano, a Deriv embarcou em várias iniciativas impactantes, incluindo o patrocínio de uma equipa no rali 4L Trophy, que angariou fundos e ofereceu material escolar para crianças desfavorecidas em Marrocos. Estas iniciativas refletem o compromisso firme da Deriv com a RSE como parte integrante da sua identidade e propósito.

Em colaboração com uma empresa de próteses da Malásia, a Deriv projetou uma perna artificial de última geração para a Ellie, uma elefanta de 7 anos que perdeu a pata da frente com apenas um ano de idade. Moldada com precisão a partir de fibra de carbono resistente e com uma base robusta de acetato de etileno vinilo (EVA), esta prótese inovadora não só suporta o peso considerável da Ellie, como também melhora significativamente o seu andar natural. O designer Yarham Hadeng referiu: “O patrocínio da Deriv tornou possível esta otimização vital e estamos orgulhosos por fazer parte do incrível percurso de recuperação da Ellie.”

A equipa responsável da Deriv está ativamente empenhada em alargar os esforços de RSE nos escritórios globais da empresa, com especial foco na resposta às necessidades locais e ambientais. A empresa reconhece que uma RSE eficaz é uma jornada contínua em evolução, refletindo o próprio percurso de inovação e crescimento da Deriv. Segundo Jean-Yves Sireau, CEO da Deriv, “A RSE na Deriv representa um compromisso a longo prazo com a responsabilidade social e a melhoria global. O nosso objetivo é promover uma mudança sustentável à medida que avançamos, guiados pelo nosso objetivo comum.”

Para saber mais, visite a Deriv Life e o site da empresa.

Sobre a Deriv

Há mais de duas décadas, a Deriv tem o compromisso de tornar a negociação online acessível a qualquer pessoa, em qualquer lugar. A empresa dispõe de uma vasta gama de tipos de negociação e apresenta mais de 200 ativos em mercados como forex, ações e criptomoedas nas suas plataformas de negociação intuitivas. Com mais de 1300 funcionários em todo o mundo, a Deriv tem cultivado um ambiente que se concentra no bem-estar dos funcionários, celebra as conquistas e incentiva o crescimento profissional.

CONTACTO DE IMPRENSA
Aleksandra Zuzic
aleksandra@deriv.com

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/a40cd3ce-5dd6-4d26-9d99-b39780c614f8

GlobeNewswire Distribution ID 1000843796

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Deriv s’engage dans une démarche de RSE axée sur les objectifs

L’entreprise fintech renforce son engagement en faveur des causes sociales et environnementales.

Deriv fait le premier pas en matière d’initiative de RSE avec Ellie

Le personnel de Deriv se réunit dans un sanctuaire d’éléphants en Malaisie pour promouvoir la RSE en parrainant un membre artificiel pour le plus jeune éléphant amputé de Malaisie.

CYBERJAYA, Malaisie, 12 oct. 2023 (GLOBE NEWSWIRE) — Deriv, l’entreprise de trading en ligne de premier plan représentée dans 20 bureaux dans le monde, renforce son engagement en matière de responsabilité sociale des entreprises (RSE). À travers son programme RSE « Deriv Life », l’entreprise est déterminée à faire une réelle différence dans la société et sur l’environnement, animée par son sens collectif de l’objectif.

Dans le cadre de son engagement en faveur de la responsabilité sociale des entreprises (RSE), Deriv a récemment parrainé une prothèse pour le plus jeune éléphant amputé de Malaisie. Seema Hallon, directrice des ressources humaines chez Deriv, a souligné : « Notre approche de la RSE va au-delà des contributions financières. Elle fait partie intégrante de notre organisation. Nous envisageons Deriv Life comme une plateforme pour défendre des causes qui cadrent avec nos valeurs et les convictions personnelles de chaque membre de la famille Deriv. Il est question d’agir collectivement, de faire réellement la différence. »

Au cours de l’année écoulée, Deriv a lancé diverses initiatives à fort impact, notamment en parrainant une équipe participant au rallye 4L Trophy, ce qui a permis de collecter des fonds et d’offrir des fournitures scolaires de première nécessité aux enfants défavorisés du Maroc. Ces initiatives reflètent l’engagement inébranlable de Deriv en faveur de la RSE, qui fait partie intégrante de son identité et de sa raison d’être.

En collaboration avec une entreprise malaisienne de fabrication de prothèses, Deriv a conçu une patte artificielle ultramoderne pour Ellie, une éléphante de 7 ans qui a perdu sa patte à l’âge d’un an. Fabriquée avec précision en fibre de carbone durable et dotée d’une base robuste en éthylène-acétate de vinyle (EVA), cette prothèse innovante supporte non seulement le poids considérable d’Ellie, mais améliore aussi sa démarche naturelle de manière significative. Yarham Hadeng, le concepteur de cette prothèse, a déclaré : « Le parrainage de Deriv a rendu possible cette amélioration vitale, et nous sommes fiers de participer au remarquable processus de guérison d’Ellie. »

Le personnel dévoué de Deriv est activement engagé dans l’expansion des efforts de RSE dans les bureaux de l’entreprise dans le monde, en mettant particulièrement l’accent sur la satisfaction des besoins locaux et la promotion d’impacts sociaux et environnementaux positifs. L’entreprise reconnaît qu’une RSE efficace est un processus continu et évolutif, à l’image de la trajectoire d’innovation et de croissance de Deriv. Selon Jean-Yves Sireau, PDG de Deriv, « la RSE chez Deriv représente un engagement à long terme en faveur de la responsabilité sociale et de l’amélioration des conditions de vie dans le monde. Notre objectif est de favoriser un changement durable à mesure que nous progressons, guidés par notre objectif commun. »

Pour en savoir plus, visitez Deriv Life et le site Web de l’entreprise.

À propos de Deriv

Depuis plus de deux décennies, Deriv s’engage à rendre le trading en ligne accessible à tous, n’importe où. L’entreprise offre une large gamme de types de transactions et propose plus de 200 actifs sur des marchés tels que le Forex, les actions et les cryptomonnaies sur ses plateformes de trading intuitives. Avec un effectif de plus de 1 300 personnes réparties dans le monde, Deriv a cultivé un environnement axé qui met l’accent sur le bien-être des employés, célèbre les réussites et encourage le développement professionnel.

PRESS CONTACT
Aleksandra Zuzic
aleksandra@deriv.com

Une photo accompagnant ce communiqué est disponible au : https://www.globenewswire.com/NewsRoom/AttachmentNg/a40cd3ce-5dd6-4d26-9d99-b39780c614f8

GlobeNewswire Distribution ID 1000843796

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HAWAIIAN ELECTRIC DEADLINE ALERT: ROSEN, A LEADING LAW FIRM, Encourages Hawaiian Electric Industries, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – HE

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hawaiian Electric Industries, Inc. (NYSE: HE) between February 28, 2019 and August 16, 2023, both dates inclusive (the “Class Period”), of the important October 23, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Hawaiian Electric 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 Hawaiian Electric class action, go to https://rosenlegal.com/submit-form/?case_id=18336 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 23, 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) Hawaiian Electric’s wildfire prevention and safety protocols and procedures were inadequate to meet the challenges for which they were ostensibly designed; (2) accordingly, despite knowing the degree of risk that wildfires posed to Maui, the Company’s inadequate safety protocols and procedures placed Maui at a heightened risk of devastating wildfires; and (3) as a result, the Company’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 Hawaiian Electric class action, go to https://rosenlegal.com/submit-form/?case_id=18336 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 8947672

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FOURT IMPORTANT DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Shift4 Payments, Inc. Investors to Secure Counsel Before Important October 19 Deadline in Securities Class Action – FOUR

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Shift4 Payments, Inc. (NYSE: FOUR) between November 10, 2021 and April 18, 2023, both dates inclusive (the “Class Period”), of the important October 19, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Shift4 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 Shift4 class action, go to https://rosenlegal.com/submit-form/?case_id=18626 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 19, 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) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (2) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (3) accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements; (4) Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company’s performance, its underlying business quality, and its earnings power; (5) all the foregoing, once revealed, was likely to negatively impact Shift4’s reputation and business; and (6) as a result, the Company’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 Shift4 class action, go to https://rosenlegal.com/submit-form/?case_id=18626 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 8947613