Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNWNetflix (NASDAQ:NFLX) Trading 0.5% Higher – Here’s WhyIt is a well-known fact there is a cartel of a few rice millers with regard to the purchase of paddy and sale of rice in the country. The whole blame for this development should rest solely on the previous dispensations. Those past governments created a situation where ample opportunities were made available to a few wealthy persons with close connections to some powerful politicians of the day, for purchasing paddy from the farmers at very low rates and later sell the milled rice to the consumers at exorbitant prices according to their whims and fancies. Those in authority turned a blind eye to this operation as they benefited from the rice millers. They weakened the state mechanism which had been introduced by the previous government for purchasing paddy and converting such stocks into rice and making available that rice to the people at affordable prices through CWE and the co-operative outlets. The previous governments deliberately sabotaged the operation of this mechanism to pave the way for a few politically and otherwise close rice millers to exploit the rice market in the absence of any competition. The Paddy Marketing Board was neglected by previous governments. Now this rice miller mafia has become a formidable force even the government cannot control. The moment the government steps in to remedy this situation, the rice miller mafia will go all out to thwart the government’s efforts at controlling the price of rice. These rice millers extend loans to the farmers at the commencement of paddy growing seasons and ensure that the latter sell their paddy only to them at the prices they fix. The indebted farmers have no alternative other than selling produce to those millers at very low prices stipulated by them. Now the PMB has neglected all its paddy stores and mills, and the government has no money to be released to the PMB for purchasing paddy. The vacuum created by non-involvement by the government in the purchase of paddy offered a golden opportunity to the rice millers to purchase paddy at the prices they desire. This is the sorry state of affairs now prevailing in the country. What would be the scenario if the government stepped in to solve this problem by using its power? It has neither money nor facilities for storing paddy and operational rice mills for milling the paddy. The rice miller mafia could ensure that there will be no rice in the market, at all. They can afford to do so. Therefore, I feel this is a very delicate issue that has to be handled diplomatically. The government should come to a compromise with the rice millers wherein the millers will be able to dispose of their stocks of rice in the market at a reasonable price in line with the expenses they have incurred in purchasing paddy. The government should be flexible in deciding the price of rice taking into consideration the expenses incurred in acquiring such stocks of paddy by the millers and persuade the millers to release the stocks of rice they now hold to the market at the revised prices. Retaining the current controlled price of rice will aggravate the situation. K. M. Suraweera Veyangoda
, /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder 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 or call toll-free at 866-767-3653 or email for information on the class action. What is this about: On , the Las Vegas Review-Journal published an article entitled "Slot manufacturer scores major win against -based rival." The article stated that "Aristocrat Technologies Inc.'s request for a preliminary injunction in its trade-secret and copyright infringement lawsuit against Light & Wonder" had been granted, and that the "order prohibits [Light & Wonder] from the 'continued or planned sale, leasing, or other commercialization of Dragon Train,' which Aristocrat claims uses intellectual property developed for its Dragon Link and Lightning Link games." On this news, Light & Wonder's common stock fell 19.49% on . 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. 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 for investors. In 2020, founding partner 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: , on Twitter: or on Facebook: . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 View original content to download multimedia: SOURCE THE ROSEN LAW FIRM, P. A.
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Australia’s House of Representatives have passed a bill that would ban children younger than 16 years old from social media, leaving it to the Senate to finalise the world-first law. The major parties backed the bill that would make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars (£26 million) for systemic failures to prevent young children from holding accounts. The legislation was passed with 102 votes in favour to 13 against. If the bill becomes law this week, the platforms would have one year to work out how to implement the age restrictions before the penalties are enforced. Opposition lawmaker Dan Tehan told Parliament the government had agreed to accept amendments in the Senate that would bolster privacy protections. Platforms would not be allowed to compel users to provide government-issued identity documents including passports or driver’s licences. The platforms also could not demand digital identification through a government system. “Will it be perfect? No. But is any law perfect? No, it’s not. But if it helps, even if it helps in just the smallest of ways, it will make a huge difference to people’s lives,” Mr Tehan told Parliament. Communications minister Michelle Rowland said the Senate would debate the bill later on Wednesday. The major parties’ support all but guarantees the legislation will be passed by the Senate, where no party holds a majority of seats. Lawmakers who were not aligned with either the government or the opposition were most critical of the legislation during debate on Tuesday and Wednesday. Criticisms include that the legislation had been rushed through Parliament without adequate scrutiny, would not work, would create privacy risks for users of all ages and would take away parents’ authority to decide what is best for their children. Critics also argue the ban would isolate children, deprive them of positive aspects of social media, drive children to the dark web, make children too young for social media reluctant to report harms they encountered and take away incentives for platforms to make online spaces safer. Independent lawmaker Zoe Daniel said the legislation would “make zero difference to the harms that are inherent to social media”. “The true object of this legislation is not to make social media safe by design, but to make parents and voters feel like the government is doing something about it,” Ms Daniel told Parliament. “There is a reason why the government parades this legislation as world-leading, that’s because no other country wants to do it,” she added. The platforms had asked for the vote on legislation to be delayed until at least June next year when a government-commissioned evaluation of age assurance technologies made its report on how the ban could been enforced.