latest news releases from the newsroom
Levi & Korsinsky, LLP
Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of InFocus Corporation
NEW YORK, April 28, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the board of directors of InFocus Corporation ("InFocus" or the "Company") (Nasdaq:INFS) arising out of their attempt to sell the Company to Image Holdings Corporation. Under the terms of the proposal, InFocus shareholders will receive $0.95 for every InFocus share they own. The transaction is unfair given that, among other things, the Company's shares traded above $1.30 per share as recently as October 2008, the Company has more than $0.41 per share in cash and has a book value in excess of $1.26.
Bull & Lifshitz, LLP
Notice of Filing of Class Action Against Cox Radio, Inc., by Bull & Lifshitz LLP -- CXR
NEW YORK, April 28, 2009 (GLOBE NEWSWIRE) -- On April 8, 2009, Donald Dixon ("Plaintiff"), individually and on behalf of himself and all others similarly situated, filed a class action lawsuit in the United States District Court Northern District of Georgia Atlanta Division civil action No. 09-CV-00938 in connection with a cash tender offer announced on March 23, 2009 by Cox Enterprises, Inc., the Company's majority stockholder, through its unit Cox Media Group, Inc. ("Cox Media") (collectively, "Cox Enterprises") for all of the outstanding publicly held minority interest in Cox Radio for $3.80 per share in cash, or a total payment of approximately $69.1 million, including fees and expenses (the "Tender Offer"). On April 15, 2009, Plaintiff filed an amended class action complaint (the "Complaint").
National American Arab Nurses Association
National American Arab Nurses Association Director to Speak At University of Calgary-Qatar On May 12
DETROIT, April 28, 2009 (GLOBE NEWSWIRE) -- Rose Khalifa, founder and director of the National American Arab Nurses Association (NAANA), will be the featured speaker at two events sponsored by the University of Calgary-Qatar during their celebration of International Nurses Week 2009. At UC-Qatar's Doha campus, Khalifa will address student nurses in the morning and a larger audience of nurses, healthcare professionals, students, faculty and community members in the afternoon.
PDF Solutions, Inc.
Samsung and PDF Solutions(r) to Collaborate to Enhance PDF Solutions' YieldAware(tm) Fault Detection and Classification Solution
SAN JOSE, Calif., April 28, 2009 (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (Nasdaq:PDFS), the leading provider of yield improvement technologies and services for the IC manufacturing process life cycle, today announced that it is collaborating with Samsung Electronics Corporation to further the enhancement of PDF Solutions' YieldAware(tm) Fault Detection and Classification (YA-FDC) solution. The improved YA-FDC solution is intended to reduce process variability in Samsung's fabs by controlling process tool health with models that predict the impact of tool sensor signals on final product yield.
P.A.M. Transportation Services, Inc.
P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2009
TONTITOWN, Ark., April 28, 2009 (GLOBE NEWSWIRE) -- P.A.M. Transportation Services, Inc. (Nasdaq:PTSI) today reported net loss of $3,345,928 or diluted and basic loss per share of $0.36 for the quarter ended March 31, 2009. These results compare to net loss of $2,828,326 or diluted and basic loss per share of $0.29 for the quarter ended March 31, 2008. Operating revenues were $65,818,035 for the first quarter of 2009 compared to $105,820,696 for the first quarter of 2008.
Bryn Mawr Bank Corporation
Bryn Mawr Bank Corporation Reports Strong First Quarter 2009 Financial Results and Enhances Its Capital Base
BRYN MAWR, Pa., April 28, 2009 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (Nasdaq:BMTC), (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today announced financial results for the first quarter ended March 31, 2009. The Corporation reported first quarter 2009 diluted earnings per share of $0.31 and net income of $2.6 million compared to fourth quarter 2008 results of $0.12 and $1.0 million. The Corporation had an increase of $0.19 per diluted share or 160% over fourth quarter 2008 results.