ROSEN, INVESTOR COUNSEL, Encourages Paycom Software, Inc. Investors to Inquire About Securities Class Action Investigation – PAYC

NEW YORK, Nov. 09, 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 Paycom Software, Inc. (NYSE: PAYC) resulting from allegations that Paycom may have issued materially misleading business information to the investing public. SO WHAT: If you […]

NEW YORK, Nov. 09, 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 Paycom Software, Inc. (NYSE: PAYC) resulting from allegations that Paycom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Paycom 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=20233 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 October 31, 2023, after market hours, Paycom reported its financial results for the third quarter of 2023 and provided financial projections for 2024. In response to Paycom’s reported financial results and projections, MarketWatch released an article entitled “Paycom’s stock plunges 32% as payroll company whiffs on earnings outlook”, which stated that “Paycom expects 10% to 12% revenue growth in 2024. Analysts had previously been modeling a 21% rise. Then on November 1, 2023, during market hours, Reuters released an article entitled “Paycom’s weak revenue forecast hammers stock to nearly five-year low.” The article stated that “[c]ompany executives said a jump in usage of its flagship product Beti, which increases efficiency for clients by letting their employees do their own payroll, was ‘cannibalizing’ some revenues it would have otherwise earned.”

On this news, Paycom’s stock price fell $94.28 per share, or 38%, to close at $150.69 per share on November 1, 2023, on unusually heavy trading volume.

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.

——————————

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 8977074

ROSEN, TRIAL COUNSEL, Encourages James River Group Holdings, Ltd. Investors to Inquire About Securities Class Action Investigation – JRVR

NEW YORK, Nov. 09, 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 James River Group Holdings, Ltd. (NASDAQ: JRVR) resulting from allegations that James River may have issued materially misleading business information to the investing public. SO […]

NEW YORK, Nov. 09, 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 James River Group Holdings, Ltd. (NASDAQ: JRVR) resulting from allegations that James River may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased James River 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=20268 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 November 8, 2023, before market hours, James River announced non-reliance on previously issued financial statements or a related audit report or completed interim review. The press release stated, “[i]n preparing its Quarterly Report on Form 10-Q for the period ended September 30, 2023, management of the Company identified an error in the accounting for reinstatement premium on a specialty casualty reinsurance treaty in its Excess & Surplus Lines segment in the Company’s previously issued condensed consolidated financial statements as of and for the three and six months ended June 30, 2023. This error resulted in understatements of ceded written premium, and overstatements of net written premium and net earned premium of $9.4 million and $12.3 million, respectively, and overstatements of net income of $7.8 million and $10.4 million, respectively within the condensed consolidated statements of income and comprehensive income (loss) for the three and six months ended June 30, 2023, as well as corresponding effects on the condensed consolidated balance sheet and consolidated statements of changes in shareholders’ equity as of and for the three and six months ended June 30, 2023. The Company’s management has assessed the effect of the foregoing on the Company’s internal control over financial reporting and disclosure controls and procedures. The Company’s control over the review of the determination of when reinstatement premiums for reinsurance should be recognized did not operate effectively as of March 31, 2023 and June 30, 2023 resulting in a material weakness in the Company’s internal control over financial reporting.”

On this news, James River’s stock price fell $0.99 per share, or 7%, to close at $13.15 per share on November 8, 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.

——————————

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 8977072

XPEL INVESTOR ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages XPEL, Inc. Investors to Inquire About Securities Class Action Investigation – XPEL

NEW YORK, Nov. 09, 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 XPEL, Inc. (NASDAQ: XPEL) resulting from allegations that XPEL may have issued materially misleading business information to the investing public. SO WHAT: If you purchased […]

NEW YORK, Nov. 09, 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 XPEL, Inc. (NASDAQ: XPEL) resulting from allegations that XPEL may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased XPEL 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=20245 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 October 19, 2023, Culper Research released a report on XPEL. In this report, Culper stated that it was shorting XPEL stock because it believed “the Company has grossly understated its reliance on Tesla”, and because it believed “the Company is concealing a massive undisclosed risk from its primary supplier which threatens to upend the Company’s entire reason for being.”

On this news, XPEL stock declined by $10.57 per share, or 17.2% on October 19, 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.

——————————

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 8977068

Pakistan, Kyrgyzstan agree to enhance cooperation in Halal food industry

Pakistan and Kyrgyzstan have agreed to enhance cooperation in the Halal food industry.To this respect, an agreement was signed between the Centre for the Development of Halal Industry Kyrgyzstan and Pakistan Standards and Quality Control.Caretaker Mini…

Pakistan and Kyrgyzstan have agreed to enhance cooperation in the Halal food industry.

To this respect, an agreement was signed between the Centre for the Development of Halal Industry Kyrgyzstan and Pakistan Standards and Quality Control.

Caretaker Minister for Energy Muhammad Ali signed the agreement in Kyrgyzstan on Friday.

Source: Radio Pakistan

PM Kakar arrives in Saudi Arabia on official visit

Caretaker Prime Minister Anwaar-ul-Haq Kakar has arrived at Riyadh in Saudi Arabia on his three-day official visit.Deputy Governor Riyadh, Prince Mohammed bin Abdulrahman bin Abdulaziz, Pakistan Ambassador to Saudi Arabia Ahmed Farooq, senior Saudi off…

Caretaker Prime Minister Anwaar-ul-Haq Kakar has arrived at Riyadh in Saudi Arabia on his three-day official visit.

Deputy Governor Riyadh, Prince Mohammed bin Abdulrahman bin Abdulaziz, Pakistan Ambassador to Saudi Arabia Ahmed Farooq, senior Saudi officials and Pakistani diplomatic staff welcomed him at the King Khalid Airport.

The Prime Minister will participate in the emergency summit of the Organization of Islamic Cooperation on the current situation in Palestine.

Source: Radio Pakistan

Pakistan welcomes forthcoming Extraordinary Islamic Summit to be held in Riyadh tomorrow: FO

Pakistan welcomes the forthcoming Extraordinary Islamic Summit to be held in Riyadh, Saudi Arabia tomorrow.At her weekly media briefing in Islamabad on Friday, Foreign Office Spokesperson Mumtaz Zahra Baloch said the Summit of the Organization of Islam…

Pakistan welcomes the forthcoming Extraordinary Islamic Summit to be held in Riyadh, Saudi Arabia tomorrow.

At her weekly media briefing in Islamabad on Friday, Foreign Office Spokesperson Mumtaz Zahra Baloch said the Summit of the Organization of Islamic Cooperation has been convened in response to the unprecedented Israeli attacks on Gaza and its environs, which have posed a grave threat to civilian population and precipitated a humanitarian crisis.

She said Prime Minister Anwaar-ul-Haq Kakar will represent Pakistan in the Extraordinary OIC Summit.

The Spokesperson said Pakistan will continue to play its role to advance international consensus and galvanize efforts for an urgent end to Israeli aggression against the Palestinian people and urgent provision of relief assistance to the people of Gaza.

She said as a tragedy of epic proportions unfolds in Gaza, the UN Security Council must act to fulfill its responsibility to uphold peace and call for an urgent and unconditional ceasefire, lifting of the siege and commencement of rapid, unhindered humanitarian assistance.

The Spokesperson said backers of Israel must prevail upon it to abandon its plans for settler colonialism, forced displacement and ethnic cleansing of the Palestinian people.

Mumtaz Zahra Baloch said as an occupying power, Israel must fulfill its obligations under the Fourth Geneva Convention and forthwith end the carnage in Gaza.

Turning to longstanding Kashmir issue, she said Pakistan will continue to extend political, diplomatic and moral support to our Kashmiri brothers and sisters for the just and peaceful settlement of the Jammu and Kashmir dispute in accordance with the UN Security Council resolutions.

Replying to a question with regard to individuals who are destined to be repatriated and settled in third countries, the Spokesperson said Pakistan is in contact with these countries including the United States, and we are working out the modalities for the settlement process to be completed as early as possible.

To another question, she said Pakistan’s policy with regard to repatriation of individuals, who are currently in Pakistan in violation of Pakistan’s immigration laws, is based on international practice. She said this policy is reflective of Pakistan’s desire to implement its own laws.

Source: Radio Pakistan

Pakistan would continue to support resolving Palestinian dispute: President Alvi

President Arif Alvi says Pakistan would continue to support resolving the Palestinian dispute in accordance with the relevant UNSC’s resolutions.He made the assurance to his Palestinian counterpart Mahmoud Abbas during a telephonic conversation.The Pre…

President Arif Alvi says Pakistan would continue to support resolving the Palestinian dispute in accordance with the relevant UNSC’s resolutions.

He made the assurance to his Palestinian counterpart Mahmoud Abbas during a telephonic conversation.

The President expressed his heartfelt sympathies and grief on behalf of the people and government of Pakistan over the atrocities being committed by Israel against people of Palestine for over seven decades.

He deplored that what is happening in the Gaza is very painful and the entire Pakistani nation is deeply saddened by the brutalities and reign of terror unleashed by the Israeli security forces.

The President strongly condemned the lethal bombing by Israel that even did not spare schools and hospitals and its barbaric actions resulted in killing of thousands of Palestinians, including women and children, healthcare workers, journalists and UN aid workers.

He condemned Israel for ethnic cleansing against the Muslims and pushing them out of their territories.

Talking to his Palestinian counterpart, President Arif Alvi regretted over the lack of action on the part of the international community to stop Israel from its murderous campaign against the people of Gaza.

The President urged the international community to make efforts for urgent ceasefire, opening of unhindered humanitarian corridor to Gaza, stopping further displacement of the Palestinians from their homeland and permanent solution to the Palestinian dispute in accordance with UN Security Council’s resolutions.

Talking to his Pakistani counterpart, the Palestinian President, Mehmood Abbas said that Israel is committing genocide in Gaza.

He called for stopping Israel from fighting across the Palestinian territory. He also demanded for opening of a corridor to Gaza to ensure the delivery of humanitarian assistance to the people of Gaza.

President Mahmoud Abbas thanked Pakistan for supporting the Palestinian cause and sending humanitarian assistance.

Source: Radio Pakistan