latest news releases from the newsroom
Los Angeles World Airports
Media Advisory -- LAX to Conduct Full-Scale Emergency Response in Airport Drill
LOS ANGELES, April 19, 2004 (PRIMEZONE) -- A full-scale, unrehearsed simulated aircraft incident, AIREX 2004, will be conducted Tuesday, April 20 at Los Angeles International Airport (LAX) from 10 a.m. to 1 p.m. to test the operational capability of the airport's emergency management system in a real-time stress environment, in which personnel, equipment and material are mobilized and deployed. The air exercise will take place on the restricted airfield on the remote west end of the airport (no public access). With more than 700 participants scheduled to participate, AIREX 2004 is considered one of the largest full-scale drills among all U.S. airports.
Virco Mfg. Corporation
Virco Inc. Grant to Benefit Principals' Associations Nationwide
SAN FRANCISCO, April 19, 2004 (PRIMEZONE) -- Today, the National Association of Elementary School Principals (NAESP) and Virco Inc. announced a unique service agreement: over the next 10 years, Virco will provide $1.5 million to continue the National Principals Resource Center's Speakers Bureau, which grants funds to NAESP state affiliates to pay for keynote speakers for their annual meetings. This generous commitment will enable the National Principals Resource Center (NPRC) to help state affiliates attract speakers who would otherwise be out of their financial reach.
Girard Gibbs & De Bartolomeo, LLP
Girard Gibbs & De Bartolomeo LLP Announces Class Action Lawsuit Against American Express Company -- AXP
SAN FRANCISCO, April 19, 2004 (PRIMEZONE) -- The law firm of Girard Gibbs & De Bartolomeo LLP filed a class action lawsuit on April 19, 2004, on behalf of clients of American Express Financial Advisors, Inc. ("AEFA") who purchased mutual funds in the American Express family of mutual funds between March 10, 1999 and February 9, 2004 (the "Class Period"). The class action asserts claims against the American Express Company (NYSE:AXP) ("AEC"), American Express Financial Corporation ("AEFC") and AEFA under the Securities Exchange Act of 1934, the Investment Advisers Act of 1940 and common law. A copy of the complaint is available from the Court, or can be viewed on Girard Gibbs & De Bartolomeo LLP's website: http://www.girardgibbs.com/aefa.html.
Parker Waichman Alonso LLP
MCI WorldCom Expected to Emerge from Bankruptcy Later this Week; Shares of WCOEQ and MCWEQ Likely to be Cancelled, Announces Parker & Waichman -- WCOEQ, MCWEQ, MCIAV
NEW YORK, April 19, 2004 (PRIMEZONE) -- WorldCom, (Pink Sheets:WCOEQ) (Pink Sheets:MCWEQ) (Pink Sheets:MCIAV), is expected to emerge from bankruptcy later this week and officially change its name to MCI. It is likely that pre-bankruptcy issued shares of WorldCom trading under the symbols WCOEQ and MCWEQ on the Pink Sheets will be cancelled when MCI emerges from bankruptcy leaving shareholders with little or no value. As a result Parker & Waichman, LLP (http://www.worldcomstockfraud.com) is encouraging all current and former WorldCom and MCI shareholders and former and current employees to evaluate their legal options immediately. Additionally, Parker & Waichman and affiliated counsel have filed a new round of claims on behalf of current and former WorldCom and MCI shareholders. Parker & Waichman continues to offer free lawsuit case evaluations at: http://www.worldcomstockfraud.com and http://www.worldcomemployeelawsuit.com .