December 21, 2022

Global Law Firm Nixon Peabody Selects Anaqua’s PATTSY WAVE for IP Management

BOSTON, Dec. 21, 2022 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology, today announced that global law firm Nixon Peabody has selected Anaqua’s PATTSY WAVE platform as its new IP management solution.

Nixon Peabody will use the Anaqua platform to manage clients’ IP portfolios, including patent and trademark filing. The firm will also utilize the platform as an automated docketing tool, and will leverage additional Anaqua services related to annuities, patent analytics, and intelligent time capture.

With approximately 600 attorneys collaborating across offices in the U.S. and major European and Asian commercial centers, Nixon Peabody is one of the world’s largest law firms. The firm has a prominent and expanding intellectual property practice.

About Anaqua

Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua’s LinkedIn.

Company Contact:
Amanda Hollis
Director, Communications
Anaqua
617-375-2626
[email protected]

GlobeNewswire Distribution ID 8718013

December 21, 2022

Hitachi Energy and Linxon support National Grid in achieving sustainability targets through pioneering 420 kV SF6-free gas-insulated switchgear technology

Strengthening key power infrastructure in London while reducing carbon footprint

Zurich, Switzerland, Dec. 21, 2022 (GLOBE NEWSWIRE) — Hitachi Energy and Linxon are collaborating to strengthen London Power Tunnels (LPT), a key power infrastructure project that will ensure reliable, clean electricity supply for England’s capital city. To support National Grid in accelerating its net zero targets, Hitachi Energy will deliver EconiQ 420-kilovolt (kV) gas-insulated switchgear (GIS) and gas-insulated lines (GIL) containing no sulfur hexafluoride (SF₆).

As one of the world’s largest investor-owned transmission and distribution utilities, National Grid has the ambition to remove all SF₆ from its fleet by 2050. In 2020, it embarked on LPT project that will replace ageing high-voltage electricity cables and expand network capacity to meet the increasing electricity demand. Considered to be one of the city’s largest engineering projects since the 1960s, the LPT will span 32.5 kilometers via underground tunnels in South London.

Linxon is building Bengeworth Road substation for National Grid to develop the LPT infrastructure. To support National Grid in its transition to SF₆-free solutions, Hitachi Energy will deliver 7 bays of its EconiQ 420 kV GIS to enable the transmission of electricity over long distances while eliminating SF₆, in addition to EconiQ 420 kV GIL. The EconiQ high-voltage portfolio is 100 percent as reliable as the conventional solutions based on SF₆. The installation is expected to commence by 2023.

“We’re delighted that Bengeworth Road substation, at the heart of London Power Tunnels, will be SF₆-free,” said Onur Aydemir, National Grid Project Director for London Power Tunnels. “This key power project will deliver a secure energy supply to the capital, and by using sustainable technology we are minimizing the environmental impact of our operations to support the transition to Net Zero.”

“Following the successful collaboration with National Grid on the world’s first replacement of SF₆ in existing high-voltage equipment and award-winning project in Richborough, UK, we are proud to be supporting National Grid again in its transition to SF₆-free solutions,” said Markus Heimbach, Managing Director of the High Voltage Products business at Hitachi Energy. “The EconiQ GIS is based on our breakthrough SF₆-free 420 kV circuit-breaker that demonstrates the reliability and scalability of the technology for the lowest carbon footprint.”

“Linxon is building the infrastructure to power the world with carbon free energy. Thanks to strong collaboration with Hitachi Energy, Linxon is able to provide the pioneering EconiQ SF₆-free solution from Hitachi Energy for the Bengeworth substation, supporting our client to meet their sustainability targets”, said Stefan Reisacher, CEO of Linxon.

EconiQ is Hitachi Energy’s eco-efficient portfolio for sustainability, where products, services and solutions are proven to deliver exceptional environmental performance. Hitachi Energy has placed sustainability at the heart of its purpose and is advancing a sustainable energy future for all.

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

About Linxon

Linxon commenced operations on September 1, 2018, undertaking turnkey electrical alternating current substation projects related to renewable and conventional power generation, power transmission and transportation solutions. Substations enable the efficient and reliable transmission and distribution of electricity. Within the substation, switchgear controls and protects the network from power outages and facilitates reliable electricity supply. (https://linxon.com/)

Attachment

London

Jocelyn Chang
Hitachi Energy
+41793847775
jocelyn.chang@hitachienergy.com

GlobeNewswire Distribution ID 8718382

December 21, 2022

‫په قطر کښې 6,000 نه زیات ہائیګر بسونه د فټ بال ټولو نه غوره پیښې وړاندې کوې۔

سوزو، چین، 20 دسمبر، 2022/پی آرنیوزوائر/ — عظیم الشان قطر فټ بال ایونټ 18 دسمبر 2022 (Qatar time) له کامیابی سره تر سره شو۔ لوسیل انټرنیشنل سرکټ باندې د ارجنټائن لوبغاړو خلاص بس کښې قطر کښې خپل د چیمپئن شپ جشن وکړو، خپل ملې بیرغ یی پورته کړو او د بے شمار مینه والو خوشحالې نه لطف اندوز شو۔ چیمپیئن کروز بس په طور باندې، ہائیګر بس د غونډې مینه والو سره یوځائ د چیمپئن شپ شان او خوش حالې مشاہدہ وکړه۔

د KLQ6119GS، یو خلاص ټاپ ډبل ډیکر بس، له خصوصی طور باندې د قطر قومی ټرانسپورټ کمپنی Higer Bus او مواصلات لخوا پیښې د پاره جوړ کړی وه۔ د ارجنټائن عناصر او د لفظ “چیمپئن شپ” سره اسپرے سره پینټ شوې بس کښې لوبغاړو ته د فتح خوش حالې او د مینه والو سونامی په شان خوش حالې نه لطف اندوز کولو د پاره وړې وه۔

قطر کښې 80% نه زیات دمارکیټ شیئر سره یو مسافر بس برانډ په طور باندې، تقریباً یو میاشټدت کښې 6,000 نه زیات ہائیګر بسونو ډ غونډې دنیا مینه والو او میډیا صحافیانو د پاره اسټیډیم ته د راتلو او دتلو دپاره د نقل و حمل د اہم ذریعہ په طور کار وکړو۔ په دی کښې، 2,000+ بسونو پیښې د پاره خصوصی لائن سروس فراہم کړو، او له 200 څخه ډیر12 یټر والا لګژری بسونو سعودی عرب نه قطر پورې شټل سروس فراہم کړو۔

د متعلقہ اعدادوشمار مطابق، د پیښې آغاز نه تر چیمپیئن کروز پورې، ہائیګر بس هر ورځ اوسطاً شا و خوا 200,000 مسافران، او شا و خوا 250,000 مینه وال په لوړ اوقات کښې منتقل کړه، کوم پوره عمل کښې د 6 ملین مسافرانو نوې ریکارډ جوړ کړو۔ د ہائیګر بس اوورسیز کسټمر سروس ډپارټمنټ ډپټی ډائریکټر Cai Tiefeng وینا وکړه چې د ایونټ سروس ګارنټی ورک د ګاړو نمبر، د سروس ټیم سائز اور افرادی قوت او د مادی وسائلو د ان پټ لحاظ سره هائیګر د اوورسیز سروس د پاره یو نیوې ریکارډ قائم کړو۔

قابل اعتماد معیار او موثر سروس سره، “میډ اِن چائنا” د ګاړو د کومو نمائندګی ہائیګر بس کوې، یو ځل بیا بین الاقوامی میدان کښې تصدیق شدہ دے۔ د آرام دہ سوارلې تجربے او موثر شټل سروس دغونډې دنیا مینه والو او د مقامی صارفینو اړخ نه ډیر تعریفینه هم حاصل کړه۔

“دا پیښې بسونه بہترین کارکردګی کښې دې او خاموشی او آسانی سره چلیږې۔ زموږ وطن کښې ګڼ شمیر ہائیګر بسونه هم شته، او د چین جوړ کړې مصنوعات ډیر مقبول دې،” د کیمرون یو مداح وینا وکړه۔

“زه ده ایشین ګیمز دوحہ 2006 نه پس ہائیگر بس چلومه۔ ګاړے مستحکم دے، او د ده صارف ملګرې ډیزائن د ډرائیونګ بہترین تجربہ فراہم کوی،” د موصلات یو بس ډرائیور وینا وکړه۔

د ایونټ دوران، ہائیګر بسونو د میډیا سفر او د شټل ګاړو په طور باندې هم کا وکړو، او د”صفر شکایات” سره عالمی میډیا نه پہچان حاصل کړو۔ اګر د بسونو مقابلہ وشې نو ہائیګر بس، کوم چې حالیہ کالونو کښې برطانیہ، کوریا، اسرائیل، اټلی، بلغاریہ او آئرلینډ کښې د کامیابی سره د اعلیٰ درجے مارکیټونه پرانستل، اول درجے له ګټلو دپاره به پسندیدہ وې۔

بہتر ہائیګر، بہتر سره یو ځائ۔ ہائیګر بس دنیا له”میډ اِن چائنا” سره مینه کول ښول غواړې۔ دریں اثنا، دا عالمی صنعتی سلسلہ، اختراعی سلسلہ او ویلیو چین کښې بھرپور طریقے سره ضم کیږې، د عالمی منډیانو اړخ ته د چینی بس ادارے د نوې سفر آغاز کوې۔

عکس: – https://mma.prnewswire.com/media/1972070/1.jpg

December 21, 2022

‫قطر میں 6000 سے زائد ہائیر بسوں نے فٹ بال کے سب سے بڑے ایونٹ میں خدمات فراہم کیں

سوژو، چین، 20 دسمبر 2022ء/پی آرنیوزوائر/– قطر کا عظیم الشان فٹ بال ایونٹ 18 دسمبر 2022 (دوحہ کے وقت کے مطابق) کو کامیابی کے ساتھ اختتام پذیر ہوا۔ لوسیل انٹرنیشنل سرکٹ پر ارجنٹائن کے کھلاڑیوں نے قطر میں اپنی چیمپیئن شپ کا جشن ایک کھلی بس میں منایا، اپنے قومی پرچم کو لہرایا اور متعدد شائقین کی خوشیوں سے لطف اندوز ہوئے۔چیمپیئن کروز بس کی حیثیت سے ، ہائیر بس نے دنیا کے شائقین کے ساتھ مل کر چیمپئن شپ کی شان اور خوشی کا مشاہدہ کیا۔

کے ایل کیو 6119 جی ایس ، ایک اوپن ٹاپ ڈبل ڈیکر بس ، کو خاص طور پر ہائیر بس اور قطر کی قومی ٹرانسپورٹ کمپنی ہائیر بس اور مواصلات نے ایونٹ کے لئے اڈاپٹ کیا تھا۔ارجنٹائن کی خصوصیات اور لفظ “چیمپئن شپ” کے ساتھ اسپرے پینٹ کی گئی بس میں کھلاڑیوں کو فتح کی خوشی اور شائقین کی طرف سے سونامی طرز کی خوشی سے لطف اندوز کرنے کے لئے لے جایا گیا تھا۔

قطر میں 80 فیصد سے زیادہ مارکیٹ شیئر کے ساتھ ایک مسافر بس برانڈ کے طور پر، 000،6 سے زائد ہائیر بسوں نے تقریبا ایک ماہ میں اسٹیڈیم میں سفر کرنے اور اسٹیڈیم سے سفر کرنے کے لئے دنیا بھر میں شائقین اور میڈیا صحافیوں کے لئے نقل و حمل کے اہم ذریعہ کے طور پر کام کیا۔ ان میں سے،2,000 سے زائد بسوں نے ایونٹ کے لئے خصوصی لائن سروس فراہم کی، اور 200 سے زائد 12 میٹر لگژری بسوں نے سعودی عرب سے قطر کے لئے شٹل سروس فراہم کی ہے۔

متعلقہ اعداد و شمار کے مطابق ، ایونٹ کے آغاز سے لے کر چیمپیئن کروز تک ، ہائیر بس نے اوسطا روزانہ تقریبا 200,000 مسافروں اور تقریبا 250,000 شائقین کو مصروف ترین اوقات میں منتقل کیا، جس نے پورے عمل میں 6 ملین مسافروں کا ایک نیا ریکارڈ قائم کیا ہے۔ ہائیر بس کے اوورسیز کسٹمر سروس ڈپارٹمنٹ کے ڈپٹی ڈائریکٹر کائی ٹیفینگ نے کہا کہ اس ایونٹ کے سروس گارنٹی کے کام نے گاڑیوں کی تعداد، سروس ٹیم کے سائز اور افرادی قوت اور مادی وسائل کے ان پٹ کے لحاظ سے ہائیر اوورسیز سروس کے لیے ایک نیا ریکارڈ قائم کیا ہے۔

قابل اعتماد معیار اور موثر سروس کے ساتھ ، ہائیر بس کی نمائندگی کرنے والی میڈ ان چائنا گاڑیوں کی ایک بار پھر بین الاقوامی میدان میں تصدیق کی گئی ہے۔آرام دہ اور پرسکون سواری کے تجربے اور موثر شٹل سروس نے بھی دنیا بھر میں مداحوں اور مقامی صارفین سے بہت داد وصول کی ۔

کیمرون کے ایک پرستار نے کہا کہ “ایونٹ کی بسوں کی کارکردگی بہترین ہے اور بغیر شور اور آسانی سے چلتی ہیں۔ ہمارے ملک میں بھی بہت سی ہائیر بسیں ہیں، اور چین میں تیار کردہ مصنوعات بہت مقبول ہیں۔ مواصلات سے تعلق رکھنے والے ایک بس ڈرائیور نے کہا کہ میں ایشین گیمز دوحہ 2006 کے بعد سے ہائیر بس چلا رہا ہوں۔ گاڑی مستحکم ہے، اور اس کا صارف دوست ڈیزائن ایک بہتر ڈرائیونگ کا تجربہ فراہم کرتا ہے۔

ایونٹ کے دوران، ہائیر بسوں نے میڈیا کموٹنگ اور شٹل گاڑیوں کے طور پر بھی کام کیا، اور صفر شکایات کے ساتھ عالمی میڈیا سے شناخت حاصل کی۔ اگر بسوں کا مقابلہ ہوتا ہے تو ، ہائیر بس ، جس نے حالیہ برسوں میں برطانیہ ، کوریا ، اسرائیل ، اٹلی ، بلغاریہ اور آئرلینڈ میں کامیابی کے ساتھ اعلی درجے کی مارکیٹیں کھولی ہیں ، جیتنے کےلئے پہلے نمبر پر پسند کی جائے گی۔

بہتر ہائیر، بہتر ایک ساتھ۔ ہائیر بس دنیا کو “میڈ ان چائنا” سے پیار کرنے کر مجبور کررہی ہے۔ دریں اثنا، یہ عالمی صنعتی سلسلہ، جدت طرازی سلسلہ اور ویلیو چَین میں بھرپور انداز سے ضم ہو رہا ہے، عالمی مارکیٹوں کی طرف چینی بس انٹرپرائزز کے ایک نئے سفر کا آغاز کر رہا ہے۔

December 21, 2022

ROSEN, A LEADING LAW FIRM, Encourages Olaplex Holdings, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – OLPX

NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Olaplex Holdings, Inc. (NASDAQ: OLPX) pursuant and/or traceable to the Company’s initial public offering conducted in September 2021 (the “IPO”), of the important January 17, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Olaplex securities 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 Olaplex class action, go to https://rosenlegal.com/submit-form/?case_id=10056 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 January 17, 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, the registration statement and prospectus used to effectuate Olaplex’s IPO contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and was not prepared in accordance with the rules and regulations governing its preparation. Specifically, the offering documents made false and/or misleading statements and/or failed to disclose that: (1) macro-economic pressures and competition in the haircare market were more robust than Olaplex had represented to investors; (2) accordingly, Olaplex was unlikely to maintain its sales and revenue momentum; (3) as a result, it was unlikely that Olaplex would be able to achieve the financial and operational growth projected in the offering documents; and (4) as a result, the offering documents were materially false and/or misleading and failed to state information required to be stated therein.

To join the Olaplex class action, go to https://rosenlegal.com/submit-form/?case_id=10056 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8718159

December 21, 2022

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages NeoGenomics, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – NEO

NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NeoGenomics, Inc. (NASDAQ: NEO) between February 27, 2020 and April 26, 2022, both dates inclusive (the “Class Period”), of the important February 6, 2023 lead plaintiff deadline.

SO WHAT: If you purchased NeoGenomics 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 NeoGenomics class action, go to https://rosenlegal.com/submit-form/?case_id=4888 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 February 6, 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 false and/or misleading statements and/or failed to disclose that: (1) it was not a “one-stop-shop” for cancer testing because it did not offer the most technologically advanced NGS tests, which led to a significant decrease in revenue as current and prospective customers went elsewhere for their testing needs; (2) costs were not fixed because NeoGenomics needed to hire additional employees to process more complex customized testing demanded by customers utilizing the Company’s outdated portfolio of tests, leading to operational challenges, decrease lab efficiency, and increased testing turnaround times; and as a result (3) NeoGenomics violated federal healthcare laws and regulations related to fraud, waste, and abuse. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the NeoGenomics class action, go to https://rosenlegal.com/submit-form/?case_id=4888 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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:

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
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 8718154

December 21, 2022

ROSEN, SKILLED INVESTOR COUNSEL, Encourages FIGS, Inc. Investors to Secure Counsel Before Important January 3 Deadline in Securities Class Action – FIGS

NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the stock of FIGS, Inc. (NYSE: FIGS): (i) pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company’s 2021 initial public offering (the “IPO” or “Offering”); and/or (ii) between May 27, 2021 and May 12, 2022, both dates inclusive (the “Class Period”), of the important January 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased FIGS securities 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 FIGS class action, go to https://rosenlegal.com/submit-form/?case_id=9629 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 January 3, 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, the registration statement supporting the IPO and defendants’ statements throughout the Class Period were false and/or misleading and/or failed to disclose that defendants: (1) inflated FIGS’ true ability to successfully secure repeat customers; (2) failed to disclose FIGS’ increasing dependence on air freight; and (3) inflated the expected net revenues, gross margin, and adjusted EBITDA margin for 2022. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the FIGS class action, go to https://rosenlegal.com/submit-form/?case_id=9629 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 8718149

December 21, 2022

President Alvi asks COMSTECH to offer online, recorded education to students in Afghanistan

President Dr Arif Alvi has asked COMSTECH to offer online and recorded education to students in Afghanistan.

He was talking to Coordinator-General of the Ministerial Standing Committee on Scientific and Technological Cooperation of the OIC (COMSTECH), Professor Dr Iqbal Chaudhry in Islamabad on Wednesday.

The President said recorded lessons and training modules can be a useful instrument to impart education to Afghan students, both male and female.

He said Pakistan can also offer educational modules and online education services through the Virtual University of Pakistan and Allama Iqbal Open University to provide Afghanistan with effective means for imparting higher education.

He said that this arrangement is the cheapest, most cost-effective and high-quality, and could help fill the shortage of education facilities currently being faced by Afghanistan.

The President appreciated various initiatives taken by COMSTECH in many Muslim countries for the provision of skills to the students and providing health facilities in less developed countries.

Source: Radio Pakistan