latest news releases from the newsroom
Kinship Center-Canyon Acres
Canyon Acres Launches New Endowment-Building Program
ANAHEIM HILLS, Calif., June 22, 2009 (GLOBE NEWSWIRE) -- Canyon Acres Children and Family Services, a charity organization committed to providing homes, care, treatment and supportive services for abused, neglected and emotionally troubled children and their families, today announced the launch of its 'Forever Kids Club,' a program designed to help build the agency's overall endowment. The program's overarching goal is to ensure Canyon Acres has future resources to serve children in need.
Kinship Center-Canyon Acres
Jim Bogenreif Rejoins Canyon Acres' Board of Directors
ANAHEIM HILLS, Calif., June 22, 2009 (GLOBE NEWSWIRE) -- Canyon Acres Children and Family Services, a charity organization committed to providing homes, care, treatment and supportive services for abused, neglected and emotionally troubled children and their families, today announced that Jim Bogenreif has rejoined its board of directors. Bogenreif is currently the CEO of Total Spectrum Advertising and has been a supporter of Canyon Acres for more than 18 years.
NASDAQ Changes Trading Halt Status of Cooperative Bankshares, Inc.
NEW YORK, June 22, 2009 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market(r) (Nasdaq:NDAQ) announced today that the trading halt status of Cooperative Bankshares, Inc. (Nasdaq:COOP) was changed to "additional information requested" from the company. Trading in the company's stock had been halted on Monday, June 22, 2009 at 7:18:14 a.m. Eastern Time for "news dissemination" at a last sale price of $1.38. Trading will remain halted until Cooperative Bankshares, Inc. has fully satisfied NASDAQ's request for additional information.
eFUEL EFN, Corp.
eFUEL EFN, Corp./I-NEX Worldwide, Inc.'s 8(a) Application
TAMPA, Fla., June 22, 2009 (GLOBE NEWSWIRE) -- The President of I-NEX Worldwide, Inc., a subsidiary of eFUEL EFN, Corp. (Pink Sheets:EFLN) (formerly EFUL), has been informed by the Small Business Administration (SBA) that I-NEX Worldwide, Inc.'s 8(a) application is complete. A determination of the eligibility will be completed within the applicable regulatory timeframe.
James A. Dunlap Jr. & Associates LLC
James A. Dunlap Jr. & Associates LLC Announces Regions Financial Corp.'s Unit Morgan Keegan Hit With Award for Deception in Sale of "Toxic Waste" Mutual Fund to 83-Year-Old Widow -- MKHIX
ATLANTA, June 22, 2009 (GLOBE NEWSWIRE) -- On June 19, 2009, a Financial Industry Regulatory Authority (FINRA) arbitration panel awarded $115,000 in damages, attorney's fees, costs, and forum fees to an 83-year old widow against Regions Financial Corp.'s (RF) brokerage unit, Morgan Keegan & Company, Inc. The case is Muller v. Morgan Keegan & Company, Inc., FINRA Case No. 08-03064. The decision included an award of $30,000 of attorney's fees made under the Tennessee Consumer Protection Act, Tenn. Code Ann. # 47-18-109 for Morgan Keegan's "unfair or deceptive acts or practices." The Claimant, now 83 and widowed, is a Pennsylvania resident and was sold the mutual fund over the telephone. The fund found subject to the unfair and deceptive practices was the Morgan Keegan's Select High Income Fund (MKHIX), now the Helios Select High Income Fund (HIFAX).
Finkelstein Thompson LLP
Finkelstein Thompson LLP Announces Investigation of FiberNet Telecom Group, Inc.
WASHINGTON, June 22, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential shareholder claims arising from the proposed acquisition of FiberNet Telecom Group, Inc. ("FiberNet" or the "Company") (Nasdaq:FTGX) by Zayo Group, LLC ("Zayo Group"). Under the terms of the merger agreement, FiberNet shareholders will receive $11.45 per share, subject to potential adjustment under the merger agreement.