NOTV FINAL DEADLINE AUGUST 22: ROSEN, A LEADING LAW FIRM, Encourages Inotiv, Inc. Investors to Secure Counsel Before Important Monday Deadline in Securities Class Action Filed by the Firm – NOTV

NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Inotiv, Inc. (NASDAQ: NOTV) between September 21, 2021 and June 13, 2022, both dates inclusive (the "Class Period"), of the important August 22, 2022 lead plaintiff deadline in the securities class action commenced by the firm.

SO WHAT: If you purchased Inotiv 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 Inotiv class action, go to https://rosenlegal.com/submit–form/?case_id=6426 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 August 22, 2022. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Envigo RMS, LLC ("Envigo") and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Inotiv class action, go to https://rosenlegal.com/submit–form/?case_id=6426 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


ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Enochian BioSciences, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ENOB

NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Enochian BioSciences, Inc. (NASDAQ: ENOB) between January 17, 2018 and June 27, 2022, both dates inclusive, (the "Class Period"), including common stock issued by Enochian in a private placement offering on or about February 16, 2018, of the important September 26, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Enochian BioSciences 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 Enochian BioSciences class action, go to https://rosenlegal.com/submit–form/?case_id=6517 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 September 26, 2022. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) co–founder and inventor, Serhat Gumrukcu, was engaged in a variety of frauds; (2) Gumrukcu was not a licensed doctor anywhere in the world; (3) as a result of the foregoing, Gumrukcu's purported contributions to Enochian lacked a reasonable basis; (4) as a result of the foregoing, Enochian had overstated its commercial prospects; (5) Gumrukcu had improperly diverted approximately $20 million from Enochian to entities he owned; and (6) as a result of the foregoing, defendants' positive statements about Enochian'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 Enochian BioSciences class action, go to https://rosenlegal.com/submit–form/?case_id=6517 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


COIN NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Coinbase Global, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – COIN

NEW YORK, Aug. 19, 2022 (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 the securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 26, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than October 3, 2022.

SO WHAT: If you purchased Coinbase 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 Coinbase class action, go to https://rosenlegal.com/submit–form/?case_id=8095 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 3, 2022. 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 and/or failed to disclose that: (1) Coinbase custodially held crypto assets on behalf of its customers, which assets Coinbase knew or recklessly disregarded could qualify as the property of a bankruptcy estate, making those assets potentially subject to bankruptcy proceedings in which Coinbase's customers would be treated as the Company's general unsecured creditors; (2) Coinbase allowed Americans to trade digital assets that Coinbase knew or recklessly disregarded should have been registered as securities with the SEC; (3) the foregoing conduct subjected the Company to a heightened risk of regulatory and governmental scrutiny and enforcement action; and (4) 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 Coinbase class action, go to https://rosenlegal.com/submit–form/?case_id=8095 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


ROSEN, GLOBAL INVESTOR COUNSEL, Encourages LifeStance Health Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LFST

NEW YORK, Aug. 19, 2022 (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 the securities of LifeStance Health Group, Inc. (NASDAQ: LFST) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with LifeStance Health's June 2021 initial public offering (the "IPO"). 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 11, 2022.

SO WHAT: If you purchased LifeStance Health securities pursuant and/or traceable to the Registration Statement 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 LifeStance Health class action, go to https://rosenlegal.com/submit–form/?case_id=8073 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 11, 2022. 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, the IPO Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) the number of virtual visits clients were undertaking utilizing LifeStance Health was decreasing as the COVID–19 lockdowns were being lifted, thereby flatlining LifeStance Health's out–patient/virtual revenue growth; (2) the percentage of in–person visits clients were undertaking utilizing LifeStance Health was increasing as the COVID–19 lockdowns were being lifted, thereby causing LifeStance Health's operating expenses to increase substantially; (3) LifeStance Health had lost a large number of physicians due to burn–out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the IPO's registration statement and LifeStance Health had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (4) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the IPO's registration statement represented. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the LifeStance Health class action, go to https://rosenlegal.com/submit–form/?case_id=8073 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


ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Carvana Co. Investors to Secure Counsel Before Important Deadline in Securities Class Action Initiated by the Firm – CVNA

NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Carvana Co. (NYSE: CVNA) between May 6, 2020 and June 24, 2022, both dates inclusive (the "Class Period"), of the important October 3, 2022 lead plaintiff deadline in the securities class action commenced by the firm.

SO WHAT: If you purchased Carvana 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 Carvana class action, go to https://rosenlegal.com/submit–form/?case_id=6457 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 3, 2022. 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, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Carvana faced serious, ongoing issues with documentation, registration, and title with many of its vehicles; (2) as a result, Carvana was issuing unusually frequent temporary plates; (3) as a result of the foregoing, Carvana was violating laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue business and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana was at an increased risk of governmental investigation and action; (6) Carvana was in discussion with state and local authorities regarding the above–stated business tactics and issues; (7) Carvana was facing imminent and ongoing regulatory actions including license suspensions, business cessation, and probation in several states and counties including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina; and (8) as a result, defendants' statements about Carvana's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Carvana class action, go https://rosenlegal.com/submit–form/?case_id=6457 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


ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Ampio Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – AMPE

NEW YORK, Aug. 19, 2022 (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 the securities of Ampio Pharmaceuticals, Inc. (NYSE American: AMPE) between December 29, 2020 and August 3, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022.

SO WHAT: If you purchased Ampio Pharmaceuticals 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 Ampio Pharmaceuticals class action, go to https://rosenlegal.com/submit–form/?case_id=8201 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 17, 2022. 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 and/or failed to disclose material adverse facts about the Company's business operations and prospects. Specifically, defendants: (1) inflated the Company's true ability to successfully file a Biologics License Application (BLA) for Ampio; (2) inflated the results of the AP–013 study of Ampion (the Company's lead product with "unique immunomodulatory action and anti–inflammatory effects" used to treat individuals with inflammatory conditions including, but not limited to, severe osteoarthritis of the knee (OAK)) and the timing of unblinding the data from the AP–013 study; and (3) that, as a result, of the foregoing, defendants' statements about the Company'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 Ampio Pharmaceuticals class action, go to https://rosenlegal.com/submit–form/?case_id=8201 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


Starvation Pounds Inflation-Hit Urban Zimbabweans

Rising inflation and the Ukraine war has added to the woes of Zimbabweans, where even the middle class struggle to buy a loaf of bread. Credit: Jeffrey Moyo/IPS

Rising inflation and the Ukraine war has added to the woes of Zimbabweans, where even the middle class struggle to buy a loaf of bread. Credit: Jeffrey Moyo/IPS

By Jeffrey Moyo
Harare, Aug 19 2022 – With inflation at 256.9 percent, 49-year-old Dambudzo Chauruka can no longer afford to buy bread despite working as a civil servant in Zimbabwe.

A father of six school-going children, Chauruka earns 126 000 Zimbabwean dollars monthly, the equivalent of 157 US dollars (USD).

Bread now costs 1,30 USD in Zimbabwe, up from 0,90 cents five years ago when former Zimbabwean President Robert Mugabe was toppled from power in a military coup.

Not only that, but the cost of a kilogram of choice beef has risen to 9 USD, while five kilograms of chicken drumsticks now cost 21,000 Zimbabwean dollars, about 22 USD.

“I can’t afford bread every day. If I spend money buying bread every day, I will run out of money to pay rent and buy groceries for my family,” Chauruka told IPS.

In May 2022, the Consumer Council of Zimbabwe said a family of five required 120 000 Zimbabwean dollars a month in local currency to survive, about 300 USD. Still, it could be much higher this time amid ever-rising inflation.

Amidst galloping inflation, petrol price in Zimbabwe has fluctuated, a major determinant in the pricing of basic goods and services here.

From 1.77 USD per liter recently, petrol now costs about 1.60 USD even as it was pegged at 1.41 USD in January before war broke out in Ukraine following the invasion of the East European nation by Russia.

Zimbabwe’s inflation shot from 96 percent to 132 percent in May, with food inflation alone climbing from 104 percent to 155 percent. The country’s monthly inflation spiked from 15.5 percent in April to 21 percent in May.

As a result, for many underpaid working Zimbabweans like Chauruka, starvation has pounced as they grapple with the country’s galloping inflation and subsequent poverty in the towns and cities where they live.

Chauruka and his family are residents of Kuwadzana high-density suburb in the Zimbabwean capital, Harare.

Now with the ongoing Russia-Ukraine war slowing down food exports to many developing countries like Zimbabwe, many urban dwellers like Chauruka and his family have had to contend with starvation amid rising food prices.

Since the start of the Russia-Ukraine war, according to the Grain Millers Association of Zimbabwe (GMAZ), wheat prices have surged from 475 USD to 675 USD per tonne.

As a result, bread for many urban dwellers known for years to afford it has suddenly turned into a luxury.

But come July 22, Russian and Ukrainian officials signed a deal to allow grain exports from Ukrainian Black Sea ports.

Key witnesses to the agreement, UN Secretary-General Antonio Guterres and Turkey’s President Recep Tayyip Erdogan, said the agreement would help ease a global food crisis.

For urban Zimbabweans who have to party with their hard-earned money to put every morsel of food on their tables, the agreement would import smiles as well.

One Zimbabwean, relieved at the news, is 57-year-old Nyson Mutumwa, a senior government employee.

“Now, I’m optimistic the Russia-Ukraine deal to unblock food passages to countries wanting food imports would relieve many nations of food shortages and cause a fall in food prices,” Mutumwa told IPS.

Russia and Ukraine are among the world’s biggest food exporters, especially wheat, to developing countries like Zimbabwe.

Yet Russia’s invasion of Ukraine this year led to a de-facto blockade of the Black Sea, resulting in Ukraine’s grain exports sharply dropping.

With the new agreement between the warring countries, even retail shop owners in Harare, like 48-year-old Jonathan Gunda in Mbare, the oldest township in Harare, are in high spirits.

“I had suspended the selling of bread and buns. In fact, I had canceled selling off all wheat products, but with the new agreement between Russia and Ukraine, this may mean I will be back in business,” Gunda told IPS.

Yet amid the ongoing Russia-Ukraine war blamed for causing food shortages and stoking inflation, World Food Program Southern Africa Director Menghestab Haile, in May this year, urged Zimbabwe and surrounding countries to increase food production.

“SADC region has water, has land, has clever people, so we are able to produce in this region. Let’s diversify and let’s produce for ourselves,” WFP’s Haile said then.

IPS UN Bureau Report

 


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It Takes a Village to Raise and Support a Child in a Humanitarian Crisis

ECW Director Yasmine Sherif in the field.

By External Source
NEW YORK, Aug 19 2022 (IPS-Partners)

As we come together to celebrate people helping people on this year’s World Humanitarian Day, we honor the courageous and remarkable humanitarians delivering on the frontlines to help us achieve our goals for peace, universal human rights, and education for all.

It takes a village to raise and support a child in a humanitarian crisis. In our efforts to deliver on the Grand Bargain Agreements, Sustainable Development Goals and global commitments to ensure human rights, Education Cannot Wait is connecting donors, governments, UN agencies, civil society organizations, the private sector and local non-profits to provide the world’s most vulnerable children and adolescents with the safety, protection and opportunity of a quality education.

In places like Afghanistan, Democratic Republic of the Congo, Ethiopia, Mali, Nigeria, Pakistan, Somalia, South Sudan, Sudan, Ukraine and Yemen, these frontlines heroes are risking their lives because they believe that it takes a village to raise a child, and because they believe education is our most powerful tool in building a better world.

Today, 222 million children and adolescents worldwide are impacted by armed conflicts, forced displacement, climate-induced disasters and protracted crises who require urgent educational support. It will take a global village to reach these children.

As we honour the commitment and sacrifice of the 460 aid workers who were attacked in 2021, and the 140 who tragically lost their lives, we call on the people of the world’s global village to rise up against violence, to rise up against oppression, and to unite in our global actions to deliver on our promises of 222 Million Dreams.

This is our promise for a more peaceful world as outlined in the 2030 Agenda for Sustainable Development, the Universal Declaration of Human Rights Convention and the United Nations Charter. This is our promise to deliver quality education through local action with global impact for crisis-affected girls and boys left furthest behind.

 


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Excerpt:

World Humanitarian Day Statement by ECW Director Yasmine Sherif

Biofuels Slow Down Electric Vehicles in Brazil

Iêda de Oliveira is the director of Eletra, a pioneer in the production of electric and hybrid buses in Brazil. In July, the company inaugurated a new plant for the production of 1,800 of these buses per year, relying on the expansion of this market in Brazil and Latin America. CREDIT: Courtesy of Eletra - Contributing to the success of biofuels in Brazil is the “flex car”, with engines that consume both fuels in a mixture of any proportion: the consumer chooses gasoline or ethanol according to convenience, generally because of the price difference

Iêda de Oliveira is the director of Eletra, a pioneer in the production of electric and hybrid buses in Brazil. In July, the company inaugurated a new plant for the production of 1,800 of these buses per year, relying on the expansion of this market in Brazil and Latin America. CREDIT: Courtesy of Eletra

By Mario Osava
RIO DE JANEIRO, Aug 19 2022 – Brazil celebrated 100,000 electric vehicles in circulation in late July, but this is a drop in the ocean compared to the 46 million combustion vehicles registered in the country and in contrast with the pace of the phasing out of oil in the world’s automotive industry.

The lag is due to several factors, but one is the progress achieved in Brazil by biofuels, especially ethanol, which in its best years, such as 2019, surpassed domestic gasoline consumption.

Much of this consumption is due to the addition of 27 percent ethanol in Brazilian gasoline, a blend that helps reduce urban air pollution. Most of it is provided by fuel made from sugarcane.

Also contributing to the success of biofuels is the “flex car” that has been produced in Brazil since 2003, with engines that consume both fuels in a mixture of any proportion. The consumer chooses gasoline or ethanol according to convenience, generally because of the price difference.

There is a consensus that ethanol makes sense to buy if it costs less than 70 percent of the price of gasoline, because in general its consumption per kilometer driven is 30 percent higher. But some nationalists always choose ethanol, as a genuinely national product.

Thus, the transition to electric vehicles will cost Brazil not only the replacement of the entire fuel production and distribution infrastructure with electricity, but also a probable drastic reduction in its sugarcane industry, which generates one million direct and indirect jobs.

In terms of gas stations alone, for example, Brazil has more than 42,000 distributed throughout its vast territory, the largest in Latin America.

The Brazilian automotive industry, which ranks ninth in the world in terms of production, does not yet produce fully electric vehicles. Its option, for now, are hybrids, which have combustion and electric engines.

In June, of the 4,073 electrified vehicles that joined the national fleet, 73 percent were hybrids – ethanol (44 percent) and gasoline (four percent) – while the so-called plug-in hybrid electric vehicles (PHEVs) accounted for 25 percent and have batteries that are also recharged at specific points.

In the first two cases, the two engines provide propulsion or only the electric one, powered by combustion as electricity generator.

Only two of the 13 assembly plants in Brazil produce hybrids. Fully electric cars, with only batteries charged at plugs, are all imported. They accounted for 27 percent of electrified vehicles registered in Brazil in June.

Adalberto Maluf, president of the Brazilian Electric Vehicle Association, fears that the lack of a national electric mobility policy will affect the competitiveness of the Brazilian automotive industry. He decided to resign from his corporate post to run for Congress, for the Green Party. CREDIT: Courtesy of Adalberto Maluf

Adalberto Maluf, president of the Brazilian Electric Vehicle Association, fears that the lack of a national electric mobility policy will affect the competitiveness of the Brazilian automotive industry. He decided to resign from his corporate post to run for Congress, for the Green Party. CREDIT: Courtesy of Adalberto Maluf

Brazil’s hesitation

The industrial sector advocates a gradual transition, which would include greater development and use of biofuels and hybrid vehicles, to avoid or at least delay the end of a sector that represents 20 percent of Brazil’s industrial product.

Arguments such as pollution caused by the production and disposal of batteries undermine support for electrification to combat the climate crisis.

Greenhouse gas emissions from electricity generation, a negative factor in countries that depend on fossil fuels, especially coal, do not affect electric mobility in Brazil, where renewable sources account for 85 percent of the electricity mix.

Batteries are also a barrier, as is the higher cost of electric vehicles. But technological advances are expected to make them cheaper and Brazil can benefit from domestic production, if the feasibility of a large lithium mine in the state of Minas Gerais is confirmed, as well as advantages due to the abundance of iron, nickel and niobium, other components, in the country.

Brazil’s reluctance is reflected in the lack of an “electromobility policy,” complained the president of the Brazilian Electric Vehicle Association (ABVE), Adalberto Maluf, at a Jul. 29 debate on the subject in São Paulo.

Without public incentive policies, Brazil could lose international competitiveness and get left behind by the global trend, he lamented.

Maluf, who was also director of Marketing, Sustainability and New Businesses at the Chinese company BYD in Brazil, left his corporate position on Aug. 15 to become a candidate for the lower house of Congress in the October elections for the Green Party. He promises to fight to reduce transportation pollution.

Global progress

The world produced 6.6 million new electrified cars in 2021, more than double the previous year and nearly nine percent of total motor vehicle sales, according to the International Energy Agency.

And the global trend is to go to 100 percent electric or battery-powered vehicles (BVE), rather than hybrids.

Meanwhile Brazil only incorporated 20,427 new electric vehicles during the first half of this year, out of a total of 918,000 cars, trucks, buses and commercial vans.

The automotive sector is facing a decline in production in the last two years, during the COVID-19 pandemic. Its peak occurred in 2013 with 3.7 million units produced that year.

The annual total has dropped since then, and has remained below three million since 2015. This year, 2.34 million vehicles with four or more wheels are expected to be produced.

Around the world, the accelerated advance of electrification is confirmed especially in the European Union, which decided to abolish the sale of combustion cars as of 2035. Norway, which is not a member of the EU, set that goal for 2025, viable since these new vehicles reached two-thirds of sales in the country in 2021.

China is also experiencing an electromobility boom, with three million electric vehicles sold last year, or 15 percent of all motor vehicles produced in the country.

In June 2017 the Ministry of Mines and Energy received the first electric vehicle made by Itaipu, the giant hydroelectric power plant shared by Brazil and Paraguay, as an incentive for the electrification of transportation. But little has been done since then for the dissemination of electric vehicles in the country. CREDIT: Marcelo Camargo/Agência Brasil

In June 2017 the Ministry of Mines and Energy received the first electric vehicle made by Itaipu, the giant hydroelectric power plant shared by Brazil and Paraguay, as an incentive for the electrification of transportation. But little has been done since then for the dissemination of electric vehicles in the country. CREDIT: Marcelo Camargo/Agência Brasil

Buses reduce the lag

The high price of electric cars, the low investment capacity in infrastructure, the technology gap and the small scale of the market, among other factors, prevent developing countries in the South from following the trend of rich or emerging markets such as China.

But the advance of electric buses helps mitigate that disadvantage, at least in Latin America.

Brazil has the advantage of having companies that produce and export these vehicles which play a key role in mobility in large cities, in addition to a huge market. Its bus fleet exceeds 670,000 units nationwide, which will have to be replaced, since only a few hundred are electric, which is facilitated by the fact that many cities have made electromobility the goal of public transportation.

São Paulo, for example, aims to have 2,600 electric buses in service by 2024 and to eliminate all fuel-powered passenger transport by 2030. Around 15,000 buses serve Brazil’s largest city, a metropolis of 20 million people.

Several companies presented their new public transport vehicles at the Latin American Transport Fair (LatBus), held Aug. 9-11 in São Paulo.

This is the case of Marcopolo, the largest bus body manufacturer in Brazil, which exhibited the Attivi, its first 100 percent electric model for Brazilian cities. The company has already exported more than 350 buses to Latin American countries such as Argentina and Colombia, and Asian countries such as India.

Eletra, which considers itself a “national leader in sustainable transportation technology”, also presented its e-Bus buses in different sizes – 12.5 and 15 meters – fully electric buses that can travel 250 kilometers without recharging the batteries.

The company announced the inauguration of a new industrial plant in São Bernardo do Campo – basically the capital of the Brazilian automotive industry near São Paulo – with an annual capacity to produce 1,800 electric and hybrid buses, and with 1,200 employees.

Afghanistan: What Went Wrong?

Kabul, Afghanistan. Credit: UNAMA/Freshta Dunia

By Saber Azam
GENEVA, Aug 19 2022 – After the horrendous tragedies of 9/11 in the year 2001, the US intervened in Afghanistan. Promising statements such as “we are going to smoke them [Al-Qaeda and their Taliban protectors] out” and “we are after ending terrorism” received warm receptions.

Even the West’s main adversaries, the Russian Federation and the People’s Republic of China, endorsed the war against radicalism. Dozens of thousands of soldiers, the most sophisticated military equipment, and billions of US dollars began to inundate Afghanistan to smolder the fanatics out of this country and annihilate barbarism. Afghans assumed that after years of wars and calamities, peace, security, and serenity were at their doorsteps.

In the ensuing twenty years, 3,600 foreign soldiers (2,500 Americans) sacrificed their lives, 34,000 (21,000 Americans) were wounded, and dozens of thousands were traumatized. Furthermore, about 70,000 Afghan soldiers, 47,000 civilians, and 53,000 Taliban militants perished. Though the number of wounded and traumatized Afghans cannot be precisely evaluated, the sequels of war affected the entire population.

However, in August 2021, the US and its allies evacuated Afghanistan hastily, handing it over to those they had to “smoke out,” shattering the hopes of respect for human rights, democracy, good governance, progress, and trust in a promising future.

Not only Afghans but the world is now holding its breath as the Taliban are considered unpredictable, unreliable, and dangerous. What instigated the “submission of the West” would be arduous to comprehend at this stage as intervening states retain crucial information for concealment necessities. However, there is an absolute need to understand and draw lessons based on the available evidence.

Despite noticeable improvements in areas such as women’s emancipation in main cities and freedom of expression, many aspects of the West’s intervention and actions between 2001 and 2021 in Afghanistan did not fulfill the objectives. A detailed analysis would not fit the scope of this article. However, the following flaws were indisputable:

A – The Bonn Deal in December 2001

The “Agreement on Provisional Arrangements in Afghanistan” ignored decades of transformation in the country. It did not address the root causes of repeated crises. The assumption that only “like in the past two and half centuries, only Pashtun leaders can govern this country” was erroneous.

In particular, the resistance against the Soviet Union and communist regimes, the Mujahidin tragic era, and the first Taliban rule had generated new realities. Other ethnic groups had significantly gained political, military, and social apprehensions.

In addition, the euphoria of “kicking out the terrorists and their protectors” was such that not only the so-called “legitimate government,” recognized by the International Community since 1992, was sidelined, but the idea of incorporating a few elements of the Taliban, known to the US and its allies, to the negotiating table was disregarded.

At least, it would have split the extremist movement from the onset of the West intervention. As a result, the “broad-based government” was senseless for reconstructing a war-torn country and seemed nothing but a reward to former warlords, Western loyalists, and political traders.

Nepotism, tribalism, rampant corruption, dilettantism, loyalty to foreign interests, and many other flagrant handicaps promptly affected central and provincial governance systems.

B – Afghan Leadership

The pick, by the US, of the Head of Provisional Authority, who then became the Chairman of the Transitional Administration and twice President of the country (2001 – 2014), astonished many. He and his successor (2014 to 2021) were not recognized for any significant contribution against terrorism or political and management skills.

Therefore, the lack of clear strategies to build a nation and forge a promising future marred their administrations. Senior executives and politicians of the country felt “fuehrer” and untouchable, granting all privileges and rights to themselves and little or nothing to the people.

The creation of the General Independent Administration for Anti-Corruption in 2004 was a significant failure; the first head had to resign, and the second was a convicted drug dealer in the US. Its replacement in 2008 by the High Office for the Oversight and Anti-Corruption did not prove helpful as the same “senior officials and staff” remained in place.

Those who wished to prosecute corrupt individuals, including the President’s family members and close allies, were instantly dismissed. Others against whom rock-solid proof of misdeeds existed were shielded.

Efforts by the second President and his Chief Executive as of 2014 did not curb the swindle! The 18 “anti-corruption” organs, headed by their underhand devotees, lacked coordination, and business as usual persisted.

The ousted Taliban began to regroup in Pakistan at the beginning of 2002, strengthen their ties with Al-Qaeda and other terrorist organizations further, and commit suicide attacks within Afghanistan on military structures and crowded public areas. Many were convinced of the complicity of senior government officials.

C – The US and its Allies

The enthusiasm for “smoking out” Al-Qaeda and their protectors from Afghanistan and “ending terrorism” did not last long in Western capitals. Already as of 2003, they were cognizant of cronyism, kleptocracy, and other appalling realities in the country.

Instead of providing immediate remedies by compelling the inept leaders to accomplish their duties, they let the situation corrode hoping that “it will improve with time!” The establishment of SIGAR (Special Inspector General for Afghanistan Reconstruction) by the US Congress in January 2008 did not change much. Its reports on mismanagement of resources often went unattended.

The state of affairs became worse in 2009 due to election rigging. The silence of the West was a tacit endorsement of the misdeed. Suggestions to opt for a transitional government composed of competent, honest, unbiased, and ethically-bound young individuals, from within the country, were ignored under the pretext that it would be contrary to the constitutional order. However, the election fraud in 2014 was such that the US opted to put aside the constitution. A government based on an unworkable political agreement was founded.

Despite its promising nature, the hurdle relied on the fact that there was no change in the people who run State affairs. The US and its closest allies closed their eyes and ears to the widespread malfunctions, including in the security apparatuses. Such a situation permitted the Taliban to grow in strength, grab more territory, and finally take over the government on 15 August 2021.

D – Other Most Concerned Countries

The Russian Federation, the People’s Republic of China, and the Islamic Republic of Iran monitored the failure of Western intervention in Afghanistan from its onset. It is fair to say that they rejoiced in the “defeat of the US.” Pakistan maneuvered to manage Afghanistan through the Taliban.

They had learned from the failure of their first attempt (1996-2001) and had conveniently prepared the new generation of Islamic clerics. India and Central Asian countries earnestly endeavored for a peaceful Afghanistan. Saudi Arabia had an ambiguous policy.

While it was part of the International Coalition to fight terrorism, the espousal of Saudi nationals to extremist movements in Afghanistan was undeniable, a fact that the government in Riyadh could have prevented.

E – The United Nations (UN)

The UN’s role seemed the most questionable. Victims of decades of imposed tragedies, the Afghan people expected this organization to stand for them. Unfortunately, it miserably failed to do so. Instead, the UN bogged down in rubber-stamping the desires of the strongest.

In Bonn, it did not push for addressing the root causes of decades of conflict to “save succeeding generations [of Afghans] from the scourge of war,” as its Charter stipulates and endorsed the irremediable provisional agreement. Then, it became the ratifying organ of repeated rigged elections, depriving Afghans of their fundamental rights.

The accusation of Taliban activists benefitting from the “return of refugees” program to settle in the northern provinces of Afghanistan surfaced in some circles. In addition, it assumed the prime role in managing multi-lateral aid to the Afghan people, amounting to hundreds of billion US dollars.

There are accounts of endemic mismanagement, corruption, and inefficiency. However, the UN has not investigated its actions. This is a serious blow to its image and leadership, providing further elements for skeptical to consider it a redundant and unaccountable organization.

F – The Syndrome of Easy Money

Experts believe that the availability of “easy and extirpated money” provided at the beginning of Operation Enduring Freedom, which began on 7 October 2001, laid down the foundation of corruption and the future demise of the republic. A few who then became the bigwigs of the regimes profited immensely from its flow.

Most scholars trusted that the West, led by the US, would implement an answerable government model that functioned in their societies. Subsequently, the public pressure on the leaders to use international sympathy and unlimited support in addressing the root causes of the conflicts, building a solid nation based on a new framework suitable to all ethnic groups, and developing appropriate confidence-building measures was weak!

The fact that hundreds of billions of US dollars per year will have an end did not figure in many assumptions. Despite democratic avenues, most remained “infirm” on their leaders’ rampant corruption, nepotism, tribalism, and inefficiency.

With the above in mind, there was no chance for the republic to sustain itself in Afghanistan. The Taliban rule the country again. The question is could they keep it?

Saber Azam is a former official of the United Nations and author of Soraya: The Other Princess, Hell’s Mouth: A Journey to the Heart of West African jungles, and numerous political and scientific articles [https://www.saberazam.com].

IPS UN Bureau

 


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