latest news releases from the newsroom
Ulf Jonsson Leaves Biacore, Erik Wallden Appointed New President and CEO
UPPSALA, Sweden, July 19, 2004 (PRIMEZONE) -- Biacore International AB (Biacore) (Stockholmsborsen:BCOR) today announced that an agreement has been made between the Board of Biacore International AB and Dr. Ulf Jonsson to the effect that Ulf Jonsson will leave his position as President and CEO with immediate effect. He also resigns from the Board of Directors.
Ahold enters into agreement with ICA Forbundet on partial sale of Canica's stake in ICA AB
ZAANDAM, The Netherlands, July 19, 2004 (PRIMEZONE) -- Ahold today announced that it entered on July 18, 2004 into an agreement with ICA Forbundet Invest AB ("ICA Forbundet"), its partner in the Scandinavian joint venture ICA AB. Pursuant to this agreement, ICA Forbundet will purchase from Ahold half of the shares of ICA AB that Ahold will, in turn, purchase from the third joint venture partner, Canica AS ("Canica"), under the put option exercised by Canica. The resulting shareholdings in ICA AB will be 60% held by Ahold and 40% held by ICA Forbundet. Due to the mechanics of the Shareholders' Agreement among Ahold, ICA Forbundet and Canica, the exact date on which the purchase of the shares from Canica or the sale of half of the shares to ICA Forbundet will take place is not known.
Red Alert Group Inc.
Red Alert Group and Nannaco Execute Definitive Merger Agreement
ATLANTA, July 19, 2004 (PRIMEZONE) -- Red Alert Group, Inc. announced today that it executed an Agreement and Plan of Merger with Nannaco, Inc. (OTCBB:NNCO). The Board of Directors of both Red Alert Group and Nannaco completed negotiations and signed the Merger Agreement, subject to regulatory approval and approval by Nannaco shareholders. Red Alert Group shareholders approved the merger.
Murray, Frank & Sailer LLP
Class Action Lawsuit Announced by Murray, Frank & Sailer LLP Against Yukos Oil Company on Behalf of Shareholders -- YUKOF, YUKOY
NEW YORK, July 17, 2004 (PRIMEZONE) -- Murray, Frank & Sailer announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons who purchased the publicly traded securities of Yukos Oil Company (Pink Sheets:YUKOF) (Pink Sheets:YUKOY) (Russia: YUKO) ("Yukos") between February 13, 2003 and October 25, 2003 inclusive, (the "Class Period"). Also included are all those who acquired Yukos' shares through its acquisitions of Sibneft, Geoilbent, and Vostochnaya.
Emerson Poynter LLP
Emerson Poynter LLP Announces A Class Action Lawsuit Against Cardinal Health, Inc. On Behalf Of Investors -- CAH
LITTLE ROCK, Ark., July 16, 2004 (PRIMEZONE) -- Emerson Poynter LLP announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Ohio on behalf of all persons who purchased the publicly traded securities of Cardinal Health, Inc. (NYSE:CAH) ("Cardinal" or "the Company") between October 24, 2000 and June 30, 2004, inclusive (the "Class Period"). Also included are all those who acquired Cardinal's shares through its acquisitions of Alaris Medical, Intercare, Medicap, Syncor, Boron Lepore, InGel, Ni-Med, SP Pharmaceuticals, or International Processing Corp. as well as present and former employees who purchased stock through Cardinal's Retirement Savings Plans.
Kirby McInerney LLP
Kirby McInerney & Squire, LLP and Levy Angstreich Announce Seventh Circuit Decision Affirming Certification of Racketeering Class Action Claims against H&R Block and Household
NEW YORK, July 16, 2004 (PRIMEZONE) -- The law firms of Kirby McInerney & Squire, LLP and Levy Angstreich Finney Baldante, Rubenstein & Coren, P.C. announce that the U.S. Court of Appeals for the Seventh Circuit today affirmed certification of a nationwide class asserting federal Racketeer Influenced and Corrupt Organizations Act ("RICO") claims against H&R Block, Inc. (NYSE:HRB) and Household International, Inc. (successor to Beneficial Corporation), a subsidiary of HSBC Holdings PLC (NYSE:HBC). Plaintiff Carnegie alleges that defendants, among other things, deceived customers seeking tax refunds into obtaining high interest loans.