latest news releases from the newsroom
Murray, Frank & Sailer LLP
Class Action Lawsuit Announced Against Scudder Investments and Deutsche Bank AG by Rabin, Murray & Frank LLP on behalf of Purchasers of the Scudder Family of Funds -- FLVBX, KVGAX, BTIEX, SYOAX
NEW YORK , Feb. 3, 2004 (PRIMEZONE) -- Rabin, Murray & Frank LLP announces that a class action lawsuit was filed in the Southern District of New York today, on behalf of purchasers of Scudder Flag Investors Value Builder Fund (Nasdaq:FVBBX), (Nasdaq:FVBCX), (Nasdaq:FLIVX); Scudder Focus Value+Growth Fund (Nasdaq: KVGBX), (Nasdaq:KVGCX); Scudder Equity 500 Index (Nasdaq: BTIEX); and Scudder High Income Plus Fund (Nasdaq:MGHYX), (Nasdaq:MGHVX), (Nasdaq:MGHPX), which are operated by Germany-based financial services company, Deutsche Bank AG (NYSE:DB), Scudder Investments, and Deutsche Investment Management Americas Inc. ("Deutsche Investment Management") and Deutsche Asset Management, Inc. ("Deutsche Asset Management"), between January 22, 1999 and January 12, 2004, inclusive (the "Class Period"). Rabin, Murray & Frank LLP is seeking remedies under the Securities Exchange Act of 1934, the Securities Act of 1933 and the Investment Advisers Act of 1940.
COMSYS Information Technology Services, Inc.
COMSYS Appoints DoD Expert as President and COO of Federal Division
HOUSTON and ROCKVILLE, Md., Feb. 3, 2004 (PRIMEZONE) -- COMSYS Services LLC, a national leading provider of information technology staffing, services and solutions, announces the appointment of Robert D. Merkl as President and Chief Operating Officer of Secure IT, the federal division of COMSYS. Bob will oversee all business efforts and help fulfill the division's value proposition of being the one-stop resource for information technology consultants interested in opportunities in the federal government market.
Law Offices Bernard M. Gross, P.C.
Law Offices Bernard M. Gross, P.C. Files First Class Action Suit Against Interpool, Inc. -- IPLI
PHILADELPHIA, Feb. 3, 2004 (PRIMEZONE) -- Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that a class action lawsuit, numbered 04cv 321, was commenced today in the United States District Court for the District of New Jersey, Trenton Division, against defendants Interpool, Inc. (Pink Sheets:IPLI) and Martin Tuchman (CEO and President), Raoul J. Witteveen (former COO and President) and Mitchell I. Gordon (CFO, Executive Vice President) on behalf of all persons who purchased the securities of Interpool, Inc. ("Interpool" or the "Company") between March 27, 2001 and December 29, 2003 (the "Class Period"), seeking remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). The case is presiding before the Honorable Stanley R. Chesler.
PAB Bankshares, Inc.
PAB Bankshares, Inc. Announces 2003 Fourth Quarter and Full Year Results
VALDOSTA, Ga., Feb. 3, 2004 (PRIMEZONE) -- PAB Bankshares, Inc. (AMEX:PAB), the holding company for The Park Avenue Bank, announced preliminary earnings for the fourth quarter and for the year of 2003. The Company reported net income of $1.89 million, or $.19 per diluted share, for the quarter, compared to $1.26 million, or $.13 per diluted share, earned during the fourth quarter of 2002. For the year, the Company reported net income of $7.13 million, or $.74 per diluted share, compared to $6.35 million, or $.67 per share, reported in 2002. "I'm pleased with our results for the quarter and 2003. Our focus in 2004 will be profitable growth," reported President and CEO Michael E. Ricketson.
Cyper Media Inc.
Cyper Media's Joongang Signs New Animation OEM Contract in Japan
NEW YORK, Feb. 3, 2004 (PRIMEZONE) -- Cyper Media, Inc. (''Cyper'') (OTCBB:CYPM) announced today that it has entered into a new production agreement to provide 2D OEM work for a new 12 episode animation series which augments Cyper's core 3D animation business. The first 12 episodes represent about $500,000 in new revenue for Cyper.
Harsco's MultiServ Division Awarded New Contract in Brazil
HARRISBURG, Pa., Feb. 3, 2004 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that its MultiServ mill services division, the world's single largest provider of on-site, outsourced mill services to the steel and metals industries, has been awarded a new multi-year contract at the Gerdau Acominas steel works in Brazil, that country's largest producer of steel blooms and billets and the only remaining major steel mill in Brazil not served by Harsco's MultiServ division.