latest news releases from the newsroom
Izard Nobel LLP
Schatz Nobel Izard, P.C. Announces Class Action Lawsuit Against Top Tankers, Inc. -- TOPT
HARTFORD, Conn., Dec. 18, 2006 (PRIME NEWSWIRE) -- The law firm of Schatz Nobel Izard, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of all persons who purchased or otherwise acquired the common stock of TOP Tankers, Inc. ("TOP Tankers" or the "Company") (Nasdaq:TOPT) between June 28, 2005 and November 28, 2006, inclusive, (the "Class Period").
Klayman & Toskes P.A.
Notice to All UBS Financial Services Customers Who Maintained Fee Based Brokerage Accounts
NEW YORK, Dec. 18, 2006 (PRIME NEWSWIRE) -- The Securities Arbitration Law Firm of Klayman & Toskes, P.A. ("K&T") (http://www.nasd-law.com), representing numerous aggrieved investors throughout the nation, announced today that New York State Regulators have filed a civil lawsuit against UBS Financial Services, Inc. (NYSE:UBS), alleging that the firm defrauded thousands of brokerage clients out of tens of millions of dollars by directing them to open costly fee-based accounts, also known as Insight One accounts, that they did not need. According to the complaint, "over one 18-month period, 31,565 accounts paid excessive fees of more than $51 million." Some UBS clients may even have paid the equivalent of $23,000 per trade. Further, the complaint alleges that brokers were encouraged to churn client accounts, and that UBS' monitoring of accounts was inadequate and failed to identify several low trading clients.
Web2Corp's CEO to Appear On MN1.com
ORLANDO, Fla., Dec. 18, 2006 (PRIME NEWSWIRE) -- William Mobley, CEO and co-founder of Web2Corp (OTCBB:WBTO), will be featured live on Market News First (www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for Dec. 19, 2006, at 10:30AM CDT.
Agribiofuels, LLC Signs Biodiesel Marketing Agreement for Texas Plant
DAYTON, Texas, Dec. 18, 2006 (PRIME NEWSWIRE) -- Agribiofuels, LLC (Pink Sheets:IREC) is pleased to announce today the signing of agreements with ConAgra Trade Group, Inc. to provide feedstock oils for the Agribiofuels biodiesel plant currently under construction in Dayton, Texas. In addition, ConAgra Trade Group will provide biodiesel and glycerin marketing and outbound logistics services for the facility.