latest news releases from the newsroom
The Pomerantz Firm Charges RAIT Financial Trust With Securities Fraud -- RAS
NEW YORK, Aug. 27, 2007 (PRIME NEWSWIRE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court Eastern District of Pennsylvania, against RAIT Financial Trust ("RAIT" or the "Company") (NYSE:RAS) and certain officers, on behalf of purchasers of the common stock of the Company during the period from January 10, 2007 - July 31, 2007, both dates inclusive (the "Class Period"). The complaint alleges violations of Sections 12(a)(2) and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the 1934 Act, and Rule 10b-5 promulgated thereunder.
Virgin America Announces Multilingual Program Line-Up for Red Inflight Entertainment System
BURLINGAME, Calif., Aug. 27, 2007 (PRIME NEWSWIRE) -- Virgin America, the new start-up airline, today announced that it has inked deals with TV JAPAN, Venevision International, KBS-America, TVB and Emphasis (Hong Kong) to supply a wide array of inflight programming in Japanese, Spanish, Korean, Mandarin and Cantonese. Virgin America's guests will now have access to the most foreign language films and television entertainment on any U.S. domestic airline.
U-Haul International, Inc.
Photo Release -- AMERCO Real Estate Expands U-Haul Center Fort Pierce With the Purchase of a Neighboring Self-Storage Facility
FORT PIERCE, Fla., Aug. 27, 2007 (PRIME NEWSWIRE) -- AMERCO Real Estate announced today that it has expanded U-Haul Center Fort Pierce with the purchase of a neighboring self-storage facility, Security U Stor-It, located at 3616 South U.S. Highway 1 in Fort Pierce. The recent addition of the new self-storage facility will add 411 storage units, to include some climate and humidity-controlled rooms, adding more than 55,000 square feet of storage to U-Haul Center Fort Pierce. The additional units combined with U-Haul Center Fort Pierce will provide a grand total of 564 storage units, 167 of which are climate controlled. U-Haul Center Fort Pierce will now boast more than 68,864 square feet of rentable storage.
Beach First National Bank
Photo Release -- Austin Named Executive Vice President and Chief Financial Officer At Beach First
MYRTLE BEACH, S.C., Aug. 27, 2007 (PRIME NEWSWIRE) -- Beach First National Bank (Nasdaq:BFNB) has announced the appointment of Gary S. Austin, CPA, MBA, as executive vice president and chief financial officer of the bank and its holding company, Beach First National Bancshares, Inc. Austin will have responsibility for the bank's and the company's financial data, and will serve as corporate secretary for the company. He will also oversee the bank's accounting, human resources, information technology, deposit operations, and marketing areas. Austin recently relocated to the Grand Strand from Covington, Georgia.